/raid1/www/Hosts/bankrupt/TCR_Public/200218.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, February 18, 2020, Vol. 24, No. 48

                            Headlines

1034179 BC: Seeks Bankruptcy Protection Under CCAA
2045 E. HIGHLAND: Unsecureds Will be Paid 22% of Claim
900 CESAR CHAVEZ: Unsecureds Owed $190K to Get 100% in Plan
AAC HOLDINGS: TimesSquare Capital Reports 0% Equity Stake
ABC PM 652: Amends Plan After Bayview Withdraws 1111(b) Election

ABC PM 652: Unsecured Creditors to Get 5% in Plan
ACE MOTOR ACCEPTANCE: March 10 Disclosure Statement Hearing Set
AFFORDABLE KAR KARE: Seeks to Employ Joyce W. Lindauer as Counsel
ALTA MESA RESOURCES: Hires AlixPartners as Financial Advisor
ALTA MESA RESOURCES: Hires Evercore as Investment Banker

ALTA MESA RESOURCES: Hires Opportune as Restructuring Advisor
ALTA MESA RESOURCES: Hires Perella as M&A Investment Banker
ASPEN CLUB: Not Pursuing Sale; Unsec. Claims Rise to $7.84M
ASTERIA EDUCATION: Seeks to Employ Rochelle McCullough as Counsel
AUTOMATION PRECISION: May Use Cash Collateral on Interim Basis

BG WILLIAMS: Taps James L. Drake as Legal Counsel
BISHOP GROUP: Hires Langley & Banack as Special Counsel
BLANCO RIVERWALK: Creditors to Be Paid in Full on Effective Date
BRIGHT MOUNTAIN: Appoints Harry Schulman as Director
CAPSON CORP: Unsecured Creditors to Get Full Payment Under Plan

CATHEDRAL PINES: Moody's Hikes Rating on $4.6MM GOULT Bonds to Ba1
CAVISTON INC: Unsecureds to Get 10% from Net Income in 5 Years
CBAC GAMING: Moody's Lowers CFR to Caa1, Outlook Stable
CHAMBERS OF TUCSON: Withdraws Cash Collateral Motion
COATESVILLE AREA SD: Moody's Cuts Rating on $5.3MM GOULT to Ba3

COLLEGE OF NEW ROCHELLE: Court Approves Disclosure Statement
COMMUNITY HEALTH: Saba Capital, et al. Report 3.4% Stake
DALF ENERGY: Case Summary & 20 Largest Unsecured Creditors
DENNIS L. PERRY: To Seek Plan Confirmation on Feb. 25
DPW HOLDINGS: Anson Funds, et al. Report 0% Equity Stake

EAGLE HOLDING II: Moody's Raises CFR to Ba3, Outlook Stable
ENERMEX INT'L: Seeks to Hire Coplen, Cerasuelo as Attorneys
EQT CORP: Fitch Lowers LT IDR to BB, Outlook Negative
ERACE INC: Seeks to Hire Seese P.A. as Counsel
EXTRACTION OIL: Fitch Lowers LT IDR to B & Alters Outlook to Neg.

FENER LLC: Court Grants Interim Cash Collateral Access Thru Feb. 28
FRONTIER COMMUNICATIONS: Vanguard Has 5.8% Stake as of Dec. 31
GAC VENTURES: Seeks to Hire Accounting Concepts as Counsel
GENCANNA GLOBAL: STBM Represents Whayne Supply, Thermal Equipment
GENOCEA BIOSCIENCES: BVF Partners Reports 6.5% Stake as of Dec. 31

GENOCEA BIOSCIENCES: GlaxoSmithKline Has 7.7% Stake as of Dec. 31
GENOCEA BIOSCIENCES: Vivo Opportunity Has 3% Stake as of Dec. 31
GIGA-TRONICS INC: Laurence Lytton Has 9.9% Stake as of Dec. 31
GLASS CONTRACTORS: Court Grants Final OK to Use Cash Collateral
GLOBAL EAGLE: Abrams Capital No Longer Owns Common Shares

GLOBAL EAGLE: Frontier Capital Has 5.1% Stake as of Dec. 31
GLOBAL EAGLE: Nantahala Capital Has 31.3% Stake as of Dec. 31
GONZALEZ & COLON: March 26 Hearing on Disclosure Statement
GRAY LAND & LIVESTOCK: Columbia Bank Proposes Liquidating Plan
GREAT WESTERN: Fitch Puts B- LongTerm IDR on Watch Negative

HAMILTONS 549: Unsecured Claims Unimpaired in Sale Plan
HARD ROCK: Parties Resolve Disclosure Statement Issues
HILLJE MUSIC CENTER: Wins Final Approval to Use Cash Collateral
HUDSON TECHNOLOGIES: ArrowMark Colorado Reports 10% Stake
IBIS NETWORKS: UST Has Limited Objection to Plan & Disc. Statement

ICMFG & ASSOCIATES: Plan Confirmed After BBG Compromise
IMPERIAL TOY: Taps Snell & Wilmer as Special Counsel
ISAGENIX INT'L: Moody's Lowers CFR to Caa2 & Alters Outlook to Neg.
IXS HOLDINGS: Moody's Assigns 'B2' CFR, Outlook Stable
JACE & ACE: Seeks to Hire Susan B. Hersh as Legal Counsel

JAMUNA TAXI: Hires Thomas A. Farinella as Attorney
JAUREGUI TRUCKING: Unsecured Creditors to Recover 25% in Plan
JOVI ENTERPRISES: Seeks to Hire Ortiz & Ortiz as Counsel
JTJ RESTAURANTS: Court Confirms Fourth Amended Plan
KRAFT HEINZ: Fitch Lowers LT IDR to BB+, Outlook Stable

KRYSTAL COMPANY: Seeks to Use Wells Fargo Cash Collateral
LAFITTE LLC: Unsecureds to Have 20% Recovery in DWD Plan
LONE STAR BREWERY: Hires Pulman Cappuccio as Counsel
M&T BRYANT CONSTRUCTION: Taps David M. Serafin as Legal Counsel
M.H.P. DEVELOPMENT: Taps Scot S. Farthing as Legal Counsel

MAISON PREMIERE: Unsecureds to Have 20% Recovery in DWD Plan
MCP REAL ESTATE: March 4 Plan & Disclosure Hearing Set
MDM HOLDINGS: Unsecureds to Get $500 Per Month Until Paid in Full
MOHIN ENTERPRISES: Unsec. Creditors to Recover 10% in Plan
N & B MANAGEMENT: March 10 Disclosure Statement Hearing Set

NEW YORK HELICOPTER: Hires Pulvers Pulvers as Special Counsel
NORTH VALLEY DERMATOLOGY: Taps Felderstein Fitzgerald as Counsel
NORTHERN DYNASTY: Kopernik Global Has 7.9% Stake as of Dec. 31
PA CO-MAN INC: Hires Robert O Lampl as Counsel
PERFECT BROW: March 10 Plan & Disclosure Hearing Set

PETROSHARE CORP: Unsecureds to Recover 6.9% to 11.6% in Plan
PETTUS PROPERTIES: Unsecureds Will be Paid in Full
PG&E CORP: Shareholders-Backed Plan Targeting May Confirmation
PIER 1 IMPORTS: Case Summary & 30 Largest Unsecured Creditors
PIER 1 IMPORTS: Files for Chapter 11 to Pursue Sale

PIERLESS FISH CORP: Gets Approval to Hire IMSpiegel as Accountant
PLANTRONICS INC: Moody's Lowers CFR to Ba3, Outlook Negative
PRHOF-MANUFACTURING: Plan & Disclosures Hearing on March 12
PRHOF-MANUFACTURING: Unsec. Creditors to Recover 100% in Plan
PVM ELECTRIC: Unsec. Creditors to Get 100% With Interest in 5 Years

QUALITY REIMBURSEMENT: Hires Jeffrey A. Lovitky as Special Counsel
RED SKY AG: Taps James L. Drake as Legal Counsel
RESTLAND MEMORIAL: To Seek Plan Confirmation on March 19
RIVERA BUSINESS: Unsecured Creditors to Recover 77% in 5 Years
RIVERBEND FOODS: In Talks With Union on Priority Claim

SAN JUAN ICE: Court Confirms Amended Plan
SCOTTSDALE PET SUITE: Hires HQ Accounting as Bookkeeper
SERES THERAPEUTICS: ARK Investment Has 10.4% Stake as of Dec. 31
SHELA ROGERS: Plan to Be Funded by $800K Loan
SHRI VITTHAL: Unsecured Creditors to Get 10% in Plan

SKY-SKAN INC: Plan Gives Unsecured Creditors 85% of Stock
ST. LAZARUS FAMILY: Hires Gayathri Indrakrishnan as Accountant
STAR US BIDCO: Moody's Assigns 'B2' CFR, Outlook Stable
STEM HOLDINGS: Delays Form 10-Q for Quarter Ended Dec. 31
STORMBREAK RANCH-FW: Seeks to Hire Lott Firm as Counsel

SUMMIT VIEW: Court Conditionally Approves Disclosure Statement
SUNESIS PHARMACEUTICALS: Adopts 2020 Bonus Program
SUNOPTA INC: Barrow Hanley Has 7% Stake as of Dec. 31
SUNOPTA INC: Point72 Asset, et al. Report 6.3% Stake as of Dec. 31
SUNPOWER CORP: Reports Q4 and Fiscal Year 2019 Results

SUNPOWER CORP: Vanguard Group Has 6.4% Stake as of Dec. 31
SWINGING TAIL: Court Conditionally Approves Disclosure Statement
SWINGING TAIL: Has Until March 11 to File Plan & Disclosures
TECOSTAR HOLDINGS: Moody's Affirms B3 CFR, Outlook Remains Stable
TMS CONTRACTORS: Texas Citizens Objects to Disclosure Statement

TMSC PROPERTIES: To Seek Plan Confirmation on March 12
TRUDY'S TEXAS STAR: Gets Interim Approval on Cash Collateral Use
ULTRA PETROLEUM: Credit Suisse Stake Down to 0% as of Dec. 31
VIDEOMINING CORPORATION: Hires Robert O Lampl as Counsel
VIRGINIA TRUE: Creditors to Get 100% With Interest in Plan

W.P. MURPHY: Seeks to Hire Dean W. Greer as Legal Counsel
WASTE PRO: Moody's Lowers CFR to B3 & Alters Outlook to Stable
WPB HOSPITALITY: March 25 Hearing on Disclosure Statement Set

                            *********

1034179 BC: Seeks Bankruptcy Protection Under CCAA
--------------------------------------------------
1034179 B.C. Ltd. applied for and received an order for protection
pursuant to the Companies' Creditors Arrangement Act, as amended,
from the Supreme Court of British Columbia.  The Initial Order
includes among other things, a stay of proceedings against the
Company, and the appointment of The Bowra Group Inc. as monitor of
the Company.

Information regarding the CCAA proceedings will be available on the
Monitor's website at https://www.bowragroup.com/1034179bcltd

The Bowra Group can be reached at:

   The Bowra Group
   Attn: Kevin Koo
   PO Box 72, Bentall One
   505 Burrard Street, Suite 430
   Vancouver, B.C.  V7X 1M3
   Tel: 604-689-8939
   Fax: 604-689-8584
   E-mail: info@bowragroup.com

Counsel for The Bowra Group:

   Lawson Lundell LLP
   #1600 - 925 W. Georgia Street
   Vancouver, BC V6C 3L2
   Attn: Kimberley Robertson
   E-mail: krobertson@lawsonlundell.com

Counsel for the Company:

   Fasken Martineau DuMoulin LLP
   2900 - 550 Burrard Street
   Vancouver, BC V6C 0A3
   Attn: Kibben Jackson
         Glen Nesbitt
   E-mail: kjackson@fasken.com
           gnesbitt@fasken.com


2045 E. HIGHLAND: Unsecureds Will be Paid 22% of Claim
------------------------------------------------------
2045 E. Highland, LLC, is proposing a reorganization plan.

The Debtor' primary sources of income are general auto repair, tire
sales and repairs, and smog inspections.  The Debtor owns the
commercial real property located at 32201 Camino Capistrano, San
Juan Capistrano, CA 92675.  The Debtor's business operates from
this commercial location.

The Plan treats claims as follows:

   * Class 1(a) Seacoast Commerce Bank. IMPAIRED. Principal owed:
$3,372,283.  The secured portion of claim ($2,650,000.00) will be
paid in full through a consensual sale of the collateral to close
no later than Feb. 28, 2020.

   * Class 1(b) Henry Kumagai. IMPAIRED. Principal owed: $63,545.
The creditor will receive payment of $35,000 in full satisfaction
of secured claim and in resolution of pending litigation in state
court with parties to agreeing to mutual dismissal of claims with
prejudice.

   * Class 1(c) County of Orange. IMPAIRED. Principal owed:
$117,566.  The creditor will receive payment of the claim in full
through a consensual sale of the collateral to close no later than
Feb. 28, 2020.

   * Class 1(d) Northeast Bank. IMPAIRED. Principal owed: $93,118.
The treatment of class 1(d) claims will be payment in full over 5
years at a variable interest rate of 2.75% above the Prime Rate
consistent with the terms of the security agreement.

   * Class 3 General Unsecured Claims. IMPAIRED. In the present
case, the Debtor estimates that Class 3 general unsecured debt
totals $819,296.  This class includes the unsecured portion of the
claims of Seacoast Bank and Henry Kumagai.  Class 3 will be paid
$180,000 which is estimated to pay 22% of each claim.  Payments
will be made in 60 equal monthly installments starting on the first
day of the first month following the Effective Date.

The Plan will be funded from Debtor's continued operation. In
addition, the four interest holders of the Debtor will contribute
new value by providing a cash infusion of $20,000 upon the
effective date of the plan.

The Disclosure Statement Hearing is slated for:

     DATE: February 26, 2020
     TIME: 10:00 a.m.
     CTRM: 5B

A full-text copy of the Disclosure Statement dated February 3,
2020, is available at https://tinyurl.com/tk6aho4 from
PacerMonitor.com at no charge.

                    About 2045 E. Highland

2045 E Highland, LLC, owns a tire and auto service shop in San Juan
Capistrano, California.

2045 E Highland, based in San Juan Capistrano, CA, filed a Chapter
11 petition (Bankr. C.D. Cal. Case No. 19-11458) on April 19, 2019.
In the petition signed by Javier Salas, president, the Debtor
disclosed $1,747,600 in assets and $3,367,198 in liabilities.  The
Hon. Theodor Albert oversees the case.  Thomas B. Ure, Esq., at Ure
Law Firm, serves as bankruptcy counsel to the Debtor.


900 CESAR CHAVEZ: Unsecureds Owed $190K to Get 100% in Plan
-----------------------------------------------------------
900 Cesar Chavez, LLC, 905 Cesar Chavez, LLC, 5th and Red River,
LLC, and 7400 South Congress, LLC, filed a Plan of Reorganization
and a Disclosure Statement.

The Plan is premised upon the substantive consolidation of the
Debtors for the purposes of the Plan only.  Accordingly, for
purposes of the Plan, the assets and liabilities of the Debtors are
deemed the assets and liabilities of a single, consolidated
entity.

The Plan treats claims and interests as follows:

   * Class 1 Lender.  IMPAIRED.  Estimated Amount Of Claims
$18,575,000. Estimated Percentage Recovery 100%.  Lender will be
paid from cash proceeds on hand at the time of confirmation, if
any, and ongoing sales of the remaining Properties, with interest
only payments to be made monthly beginning on the 15th day of the
month after the Effective Date at 5% per annum simple interest.

   * Class 2 Allowed Unsecured Claims.  IMPAIRED.  Estimated Amount
Of Claims $189,910.  Estimated Percentage Recovery 100%.  Each
holder of an Allowed Unsecured Claim shall receive payment in full
of the allowed amount of each holder's claim, to be paid 30 days
following payment of the Class 1 claim.

   * Class 3 Allowed Equity Interests.  Each holder of an Equity
Interest will retain such interests, but shall not receive any
distribution on account of such interests until Class 1 and Class 2
are paid in full.

The ability of the Debtors to fund the amounts contemplated under
the Plan is premised on receiving proceeds of sale, proceeds of a
refinance, rental receipts, or equity infusions from an affiliate
of the Debtors.

A full-text copy of the Disclosure Statement dated February 3,
2020, is available at https://tinyurl.com/wmzqat5 from
PacerMonitor.com at no charge.

Attorneys for the Debtors:

     Morris D. Weiss
     Mark C. Taylor
     Evan J. Atkinson
     WALLER LANSDEN DORTCH & DAVIS, LLP
     100 Congress Ave., Suite 1800
     Austin, Texas 78701
     Telephone: (512) 685-6400
     Facsimile: (512) 685-6417
     E-mail: morris.weiss@wallerlaw.com
             mark.taylor@wallerlaw.com
             evan.atkinson@wallerlaw.com

                     About 900 Cesar Chavez

900 Cesar Chavez, LLC, is engaged in renting and leasing real
estate properties.

Chapter 11 petitions were filed Nov. 4, 2019 by 900 Cesar Chavez,
LLC (Bankr. W.D. Tex. Lead Case No. 19-11527), the Lead Case, and
its affiliates, 905 Cesar Chavez, LLC (Case No. 19-11528), 5th and
Red River, LLC (Case No. 19-11529), and 7400 South Congress, LLC
(Case No. 19-11530).  The cases are assigned to Judge Tony M.
Davis.  In the petition signed by Brian Elliott, corporate counsel,
900 Cesar Chavez was estimated to have asses in the range of $1
million to $10 million, and $10 million to $50 million in debt.

The Debtors tapped Evan J. Atkinson, Esq., and Morris D. Weiss,
Esq., at Waller Lansden Dortch & Davis LLP, as counsel.


AAC HOLDINGS: TimesSquare Capital Reports 0% Equity Stake
---------------------------------------------------------
TimesSquare Capital Management, LLC disclosed in an amended
Schedule 13G filed with the Securities and Exchange Commission that
as of Dec. 31, 2019, it beneficially owns 0 shares of common stock
of AAC Holdings, Inc.  A full-text copy of the regulatory filing is
available for free at:

                      https://is.gd/4MREsg

                       About AAC Holdings

Headquartered in Brentwood, Tennessee, AAC Holdings, Inc. --
http://www.americanaddictioncenters.com/-- is a provider of
inpatient and outpatient substance use treatment services for
individuals with drug addiction, alcohol addiction and co-occurring
mental/behavioral health issues.  In connection with its treatment
services, the Company performs clinical diagnostic laboratory
services and provide physician services to its clients.  As of Dec.
31, 2018, the Company operated 11 inpatient substance abuse
treatment facilities located throughout the United States, focused
on delivering effective clinical care and treatment solutions
across 1,080 inpatient beds, including 700 licensed detoxification
beds, 24 standalone outpatient centers and 4 sober living
facilities across 471 beds for a total of 1,551 combined inpatient
and sober living beds.

AAC Holdings reported a net loss of $66.71 million for the year
ended Dec. 31, 2018, compared to a net loss of $17.38 million for
the year ended Dec. 31, 2017.  As of Sept. 30, 2019, the Company
had $464.4 million in total assets, $479.8 million in total
liabilities, and a total stockholders' deficit including
noncontrolling interest of $15.40 million.

BDO USA, LLP, in Nashville, Tennessee, the Company's auditor since
2011, issued a "going concern" qualification in its report dated
April 12, 2019, on the Company's consolidated financial statements
for the year ended Dec. 31, 2018, citing that the Company has
incurred a loss from operations and negative cash flows from
operations that raise substantial doubt about its ability to
continue as a going concern.

                          *    *    *

As reported by the TCR on Dec. 16, 2019, Moody's Investors affirmed
AAC's Caa2 Corporate Family Rating.  The affirmation of the Caa2
CFR reflects the potential for future defaults by AAC over the next
12-24 months.

S&P Global Ratings lowered its issuer credit rating on AAC Holdings
Inc. to 'SD' (selective default) from 'CCC' and its issue-level
rating on its senior secured debt to 'D' from 'CCC'. The downgrade
follows the release of AAC's third-quarter financial statement,
which indicated that the company failed to make the debt
amortization payment due Sept. 30, 2019, on its term loan.


ABC PM 652: Amends Plan After Bayview Withdraws 1111(b) Election
----------------------------------------------------------------
ABC PM 652 S Sunset LLC filed a Third Amended Disclosure Statement
in support of its Chapter 11 Plan of Reorganization.

On December 30th -- approximately 100 days after Debtor set the
value of the subject West Covina property at $1,374,000 and Bayview
Financial Services filed its 1111(b) election, Bayview made a
motion to the Court to withdraw its 1111(b) election, which motion
was granted by the Court.  

The Court also scheduled another hearing for March 10, 2020 for a
hearing on Debtor's Third Amended Disclosure Statement, now
necessitated by Bayview's late, prejudicial withdrawal of its
1111(b) election.  

THe Debtor had previously based its 2nd Amended Disclosure
Statement on the existence of Bayview's 1111(b) election.  The
Court approved the extension of Debtor's monthly adequate
protection payment of $10,800 to Bayview on a monthly basis through
March 2020.

A full-text copy of the Third Amended Disclosure Statement dated
Feb. 3, 2020, is available at https://tinyurl.com/v34ejpe from
PacerMonitor.com at no charge.

Attorney for Debtor:

     John H. Bauer, Esq.; SBN 91471
     Financial Relief Legal Advocates, Inc.
     56925 Yucca Trail, #512
     Yucca Valley, CA 92284
     Telephone (714) 319-3446

                   About ABC PM 652 S Sunset

ABC PM 652 S Sunset LLC is a privately held company that provides
property management services.  ABC PM 652 S Sunset, filed a Chapter
11 petition (Bankr. C.D. Cal. Case No. 19-16004) on May 22, 2019.
In the petition signed by Juana M. Roman, managing member, the
Debtor was estimated to have $1 million to $10 million in both
assets and liabilities.  Judge Barry Russell oversees the case.
John H. Bauer, Esq., at Financial Relief Legal Advocates, Inc., is
the Debtor's bankruptcy counsel.


ABC PM 652: Unsecured Creditors to Get 5% in Plan
-------------------------------------------------
Debtor ABC PM 652 S Sunset LLC filed a Third Amended Disclosure
Statement describing its Chapter 11 Plan of Reorganization.

Class 1 Bayview Financial Services, LLC's 1st Loan secured on 652
South Sunset Ave., West Covina (646 South Sunset Ave., per Lender),
with a  total secured claim of $1,170,000 is impaired.  The Court
Ordered Valuation of the property, $1,374,000 is decreased by 10
estimated monthly pre-confirmation payments made by the Debtor
totaling $90,188.30 for a balance of $1,284,000.  The remaining
balance of $114,000 shall be fully discharged in this Chapter 11
Bankruptcy. Creditor agrees to waive any general unsecured claim
relating to this subject loan.  The Creditor’s General Unsecured
Claim, $1,525,179. (Creditor’s Original Claim) less $1,374,000
(Court Ordered Evaluation), in the amount of $151,179, shall be
fully discharged in this Chapter 11 Bankruptcy.

General Unsecured Creditors in Class 2 and 3, will receive a 5%
return, payable at 0% interest, over a 60 month period.

The funding of the Plan will be accomplished through available cash
on or about the Effective Date of the Plan, personal cash
contributions, and scheduled future monthly disposable income.
First, the Debtor's Wells Fargo DIP account, MOR's 4-6, reveal an
average ending cash balance of $3,522.  Further, Jennifer Roman,
the Managing Director of ABC, has personally committed to providing
$45,000 to the Debtor's account on an as needed basis within 30 to
60 days following Confirmation, prior to the issuance of the Final
Decree.  Also, upon return of its LOC prior to confirmation, no
request for a new LOC, or removal from probation, American Beauty
College (ABC) will be able to provide Debtor with payment of back
due rents ($54,000), which will be used to pay Bauer's attorney
fees if they have not been previously paid.  As a result, Debtor
can look to approximately $102,522. on or about the Effective Date
of the Plan.

A full-text copy of the Third Amended Disclosure Statement dated
Jan. 28, 2020, is available at https://tinyurl.com/rq3vuxp from
PacerMonitor at no charge.

The Debtor is represented by:

        John H. Bauer, Esq.
        Financial Relief Legal Advocates, Inc.
        56925 Yucca Trail, #512
        Yucca Valley, CA 92284
        Telephone (714) 319-3446

                   About ABC PM 652 S Sunset

ABC PM 652 S Sunset LLC is a privately held company that provides
property management services.  ABC PM 652 S Sunset, filed a Chapter
11 petition (Bankr. C.D. Cal. Case No. 19-16004) on May 22, 2019.
In the petition signed by Juana M. Roman, managing member, the
Debtor was estimated to have $1 million to $10 million in both
assets and liabilities. Judge Barry Russell oversees the case. John
H. Bauer, Esq., at Financial Relief Legal Advocates, Inc., is the
Debtor's bankruptcy counsel.


ACE MOTOR ACCEPTANCE: March 10 Disclosure Statement Hearing Set
---------------------------------------------------------------
On Jan. 24, 2020, debtor Ace Motor Acceptance Corporation filed
with the U.S. Bankruptcy Court for the Western District of North
Carolina, Charlotte Division, a disclosure statement and plan.  On
Jan. 28, 2020, Judge J. Craig Whitley ordered that:

   * March 10, 2020, at 9:30 a.m., in Charles R. Jonas Federal
Building, 401 West Trade Street, Courtroom 1−4, Charlotte, NC
28202 is the hearing to consider approval of the disclosure
statement.

   * March 3, 2020, is the deadline to file and serve written
objections to the disclosure statement.

   * Feb. 7, 2020, is the deadline for the plan proponent to
transmit a copy of the disclosure statement and plan to the debtor,
trustee, each committee appointed pursuant to Section 1102 of the
Code, the Securities and Exchange Commission, and any party in
interest who has requested or requests in writing a copy of the
disclosure statement and plan.

A copy of the order dated January 28, 2020, is available at
https://tinyurl.com/t5cguf3 from PacerMonitor at no charge.

                  About Ace Motor Acceptance Corp

Ace Motor Acceptance Corporation, founded in 1998 --
https://www.acemotoracceptance.com/ -- is a North Carolina
corporation that provides automobile loans.  Formerly known as Ace
Financial Services Inc., AMAC focused on a point of sale special
finance program. In 2010 the Company added a program offering
financing to Buy Here Pay Here (BHPH) dealers. In 2011, the Company
developed and trademarked its BHPH in a Box program. BHPH in a Box
provides a wide array of benefits to BHPH dealers including capital
to fund receivables and floorplan lines to fund inventory.
Additional benefits include training, insurance tracking and a
reports package to assist dealers in many aspects of running a BHPH
dealership.

Ace Motor Acceptance, based in Matthews, NC, filed a Chapter 11
petition (Bankr. W.D.N.C. Case No. 18-30426) on March 15, 2018.  In
the petition signed by CEO Russell E. Algood, the Debtor was
estimated to have $10 million to $50 million in both assets and
liabilities.  The Hon. Laura T. Beyer presides over the case.
James H. Henderson, Esq., at The Henderson Law Firm PLLC, serves as
bankruptcy counsel.

An official committee of unsecured creditors was appointed in the
Debtor's case on May 10, 2018.  The Committee tapped Grier Furr &
Crisp, PA, as its legal counsel.


AFFORDABLE KAR KARE: Seeks to Employ Joyce W. Lindauer as Counsel
-----------------------------------------------------------------
Affordable Kar Kare, Inc. seeks authority from the U.S. Bankruptcy
for the Northern District of Texas  to employ Joyce W. Lindauer
Attorney, PLLC as its legal counsel.

The firm will assist the Debtor in the preparation of a Chapter 11
plan of reorganization and will provide other legal services in
connection with its Chapter 11 case.  

Lindauer will be paid on an hourly basis for services rendered.
The primary attorneys and paralegal within the firm who will
represent the Debtors are:  

    Joyce W. Lindauer                         $395 per hour
    Jeffery M. Veteto, Contract Attorney      $250 per hour
    Guy H. Holman, Contract Attorney          $205 per hour
    Dian Gwinnup, Paralegal                   $125 per hour

The firm will also receive reimbursement for work-related expenses
incurred.

Joyce Lindauer, Esq., the firm's owner, assures the court that the
members and contract attorneys of the firm are "disinterested" as
defined in Section 101(14) of the Bankruptcy Code.

The firm may be reached through:
    Joyce W. Lindauer, Esq.
    Joyce W. Lindauer Attorney, PLLC
    12720 Hillcrest Road, Suite 625
    Dallas, Texas 75230
    Telephone: (972) 503-4033
    Facsimile: (972) 503-4034
    Email: joyce@joycelindauer.com

                  About Affordable Kar Kare Inc.

Affordable Kar Kare, Inc. sought Chapter 11 protection (Bankr. N.D.
Tex. Case No. 20-30066) on Jan. 6, 2020.  At the time of the
filing, the Debtor had estimated assets of between $500,001 and $1
million and liabilities of between $100,001 and $500,000.  Judge
Stacey G. Jernigan oversees the case.  Joyce W. Lindauer Attorney,
PLLC is the Debtor's legal counsel.


ALTA MESA RESOURCES: Hires AlixPartners as Financial Advisor
------------------------------------------------------------
Alta Mesa Resources, Inc., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the Southern District of Texas
to employ AlixPartners LLP, as financial advisor to SRII Opco, LP,
and SRII Opco GP, LLC ("SRII Debtors").

The Debtors requires AlixPartners to:

   a. assist management of the SRII Debtors in the design and
      implementation of a restructuring strategy designed to
      maximize enterprise value, taking into account the unique
      interests of all constituencies. Assist the SRII Debtors'
      management in developing a restructuring strategy;

   b. assist in negotiations with stakeholders and their
      representatives;

   c. assist in communication and/or negotiation with outside
      constituents;

   d. assist in preparing for and filing a Bankruptcy Petition,
      coordinating and providing administrative support for the
      proceeding and developing the SRII Debtors' Plan of
      Reorganization or other appropriate case resolution, if
      necessary;

   e. assist with the preparation of the statement of affairs,
      schedules and other regular reports required by the
      Bankruptcy Court as well as providing assistance in such
      areas as testimony before the Bankruptcy Court on matters
      that are within AlixPartners' areas of expertise;

   f. assist as requested in analyzing preferences and other
      avoidance actions including the performance of an
      investigation of related party transactions;

   g. manage the claims and claims reconciliation processes; and

   h. assist with such other matters as may be requested that
      fall within AlixPartners' expertise and that are mutually
      agreeable.

AlixPartners will be paid at these hourly rates:

     Managing Director                $1,000 to $1,195
     Director                           $800 to $950
     Senior Vice President              $645 to $735
     Vice President                     $470 to $630
     Consultant                         $175 to $465
     Paraprofessional                   $295 to $315

AlixPartners currently holds a retainer payment by the SRII Debtors
of $50,000.  In the 90 days prior to the Petition Date including
the Retainer, the SRII Debtors paid AlixPartners a total of
$110,000 incurred in providing services to the SRII Debtors in
contemplation of, and in connection with, prepetition restructuring
activities.

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

Robert D. Albergotti, partner of AlixPartners LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

AlixPartners can be reached at:

     Robert D. Albergotti
     ALIXPARTNERS LLP
     909 Third Avenue
     New York, NY 10022
     Tel: (212) 490-2500

                  About Alta Mesa Resources

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

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

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

The Hon. Marvin Isgur is the case judge.

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


ALTA MESA RESOURCES: Hires Evercore as Investment Banker
--------------------------------------------------------
Alta Mesa Resources, Inc., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the Southern District of Texas
to employ Evercore Group L.L.C., as investment banker to Kingfisher
Midstream, LLC and its subsidiaries ("KFM Debtors").

The Debtors require Evercore to:

   a. review and analyze the KFM Debtors' business, operations,
      and financial projections;

   b. advise and assist in a Restructuring and/or a Sale
      transaction, if the KFM Debtors determine to undertake such
      a transaction;

   c. provide financial advice in developing and implementing a
      Restructuring, which would include:

      i. assist in developing a restructuring plan or plan of
         reorganization, including a plan of reorganization
         pursuant to the Bankruptcy Code;

      ii. advise on tactics and strategies for negotiating with
          various stakeholders regarding the Plan;

      iii. provide testimony, as necessary, with respect to
           matters on which Evercore has been engaged to advise
           the KFM Debtors in any proceedings under the
           Bankruptcy Code that are pending before the Court; and

      iv. provide the other financial restructuring advice as
          Evercore and the KFM Debtors may deem appropriate;

   d. if the KFM Debtors pursue a Sale, assisting the KFM Debtors
      in:

      i. Structuring and effecting a Sale;

      ii. identify interested parties and/or potential acquirers
          and, at the KFM Debtors' request, contacting such
          interested parties and/or potential acquirers; and

      iii. advise the KFM Debtors in connection with negotiations
           with potential interested parties and/or acquirers and
           aiding in the consummation of a Sale transaction.

Evercore will be paid as follows:

   a. A monthly fee of $150,000 (a "Monthly Fee"), where one
      Monthly Fee shall be payable on the 1st day of each month
      commencing October 1, 2019 until the earlier of the
      consummation of the Restructuring transaction or the
      termination of Evercore's engagement; provided, however,
      that if Monthly Fees for Months one through four have
      actually been earned and paid, 50% of each Monthly Fee
      beginning with the fifth Monthly Fee that has actually
      been paid shall be credited (without duplication) against
      any Restructuring Fee or Sale Fee payable; provided, that,
      any such credit of fees contemplated by this sentence shall
      only apply to the extent that all such Monthly Fees and the
      Restructuring Fee are approved in their entirety by the
      Bankruptcy Court pursuant to a final order not subject to
      appeal and which order is acceptable to Evercore.

   b. A fee (a "Restructuring Fee"), payable upon the
      consummation of any Restructuring of $3,500,000.

   c. A fee (a "Sale Fee"), payable upon consummation of any Sale
      of the KFM Debtors (solely or jointly with AMH) and/or AMR,
      equal to $3,500,000.

   d. In any event where a Sale Fee is payable, 50% of the lesser
      of the Sale Fee or Restructuring Fee shall be credited
      against the greater amount. In addition to any fees that
      may be payable to Evercore and, regardless of whether any
      transaction occurs, the KFM Debtors shall promptly
      reimburse to Evercore (i) all reasonable expenses
      (including travel and lodging, data processing and
      communications charges, courier services and other
      appropriate expenditures) and (ii) other documented
      reasonable fees and expenses, including expenses of
      counsel, if any.

Daniel Aronson, partner of Evercore Group L.L.C., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

Evercore can be reached at:

     Daniel Aronson
     EVERCORE GROUP L.L.C.
     55 East 52 nd Street
     New York, NY 10055
     Tel: (212) 857-3100
     Fax: (212) 857-3101

                  About Alta Mesa Resources

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

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

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

The Hon. Marvin Isgur is the case judge.

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


ALTA MESA RESOURCES: Hires Opportune as Restructuring Advisor
-------------------------------------------------------------
Alta Mesa Resources, Inc., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the Southern District of Texas
to employ Opportune LLP, as restructuring advisor to Kingfisher
Midstream, LLC and its subsidiaries ("KFM Debtors").

The Debtors require Opportune to provide these services:

   General Services

     -- review the management-prepared comprehensive 13-week cash
        flow and provide weekly updates to the Leadership, with
        such updates to occur more frequently if deemed
        necessary;

     -- assist in developing and disseminating various financial
        analyses;

     -- assist the KFM Debtors, management and its professionals
        in analyzing proposed transactions;

     -- assist in developing models illustrating alternatives to
        the KFM Debtors' primary operating business plan;

     -- assist management with managing of vendor payables;

     -- assist the KFM Debtors and management, to the extent
        requested, with the management of the financial and
        operational reporting processes to all constituents;

     -- assist in and support any sales process;

     -- assist in the negotiations with various stakeholders and
        counterparties;

     -- assist management, counsel, and other advisors focused on
        the coordination of resources related to ongoing
        restructuring efforts; and

     -- provide other services and activities as mutually agreed
        by the KFM Debtors' Board and IBM and any CRO ultimately
        appointed.

   Bankruptcy Advisory Services

     -- assist in the planning for any chapter 11 filings,
        including changes to the Debtors' existing business
        practices to allow for identification of pre-and
        post-petition claims;

     -- assist in the preparation of bankruptcy documents,
        including "first day" motions;

     -- assist in the preparation of financial related
        disclosures required by the Bankruptcy Court, including
        but not limited to Schedules of Assets and Liabilities,
        Statements of Financial Affairs and Monthly Operating
        Reports;

     -- assist in the preparation of financial information,
        including cash flow forecasts, and other key information;

     -- analyze creditor claims by type and entity and assist
        with the development of databases, as necessary, to track
        such claims;

     -- assist in the preparation of information and analysis
        necessary for the confirmation of a plan in any chapter
        11 proceeding(s), including information contained in the
        plan and disclosure statement; and

     -- render such other general financial, restructuring, and
        business consulting or such other assistance management
        or counsel may deem necessary consistent with the role of
        a financial and operational advisor to the extent that it
        would not be duplicative of services provided by other
        KFM Debtors' professionals.

Opportune will be paid at these hourly rates:

     Partner                          $965
     Managing Director                $835
     Director                         $740
     Manager                          $660
     Senior Consultant                $475
     Consultant                       $430
     Administrative Professional      $275

Prior to the KFM Debtors Petition Date, the KFM Debtors paid
$585,052 in fees and $5,000 in expenses to Opportune for
prepetition services rendered and expenses incurred. Opportune also
received a $200,000 retainer, none of which was used prior to the
KFM Petition Date.

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

Sean Clements, partner of Opportune LLP, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtors and their estates.

Opportune can be reached at:

     Sean Clements
     OPPORTUNE LLP
     711 Louisiana Street, Suite 3100
     Houston, TX 77002
     Tel: (713) 490-5050

                    About Alta Mesa Resources

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

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

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

The Hon. Marvin Isgur is the case judge.

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


ALTA MESA RESOURCES: Hires Perella as M&A Investment Banker
-----------------------------------------------------------
Alta Mesa Resources, Inc., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the Southern District of Texas
to employ Perella Weinberg Partners LP, as merger and acquisition
investment banker to Kingfisher Midstream, LLC and its subsidiaries
("KFM Debtors").

The Debtors requires Perella to:

   a. provide financial advice to the KFM Debtors in structuring,
      evaluating and effecting a Sale, identify potential
      acquirers and, at the KFM Debtors' request, contact and
      solicit potential acquirers;

   b. assist in the arranging and executing a Sale, including
      identifying potential buyers or parties in interest,
      assist in the due diligence process, and negotiating the
      terms of any proposed Sale, as requested; and

   c. provide testimony, as necessary, with respect to the
      marketing process and Sale negotiations in any proceeding
      before the Bankruptcy Court, or any other court, mediator
      or arbitrator to which a proceeding before the Bankruptcy
      Court is referred by the Bankruptcy Court.

Perella will be paid as follows:

  -- Sale Fee. A Sale Fee equal to 1.0% of the applicable
     Transaction Value, payable promptly upon consummation of any
     Sale; (b) in the event of a Sale pursuant to Section 363 of
     the Bankruptcy Code or a Plan of Reorganization, if the
     purchaser is the existing lenders under the Kingfisher
     Midstream, LLC amended and restated senior secured revolving
     credit facility with Wells Fargo Bank, National Association,
     as the administrative agent, then the Sale Fee shall be
     0.25% of Transaction Value.

    For the avoidance of doubt, in no event shall the Sale Fee
     percentage (i.e., 1.0%) payable to the Firm pursuant to this
     Agreement be less or more than the Sale Fee percentage
     payable to the Firm pursuant to an engagement letter between
     Perella Weinberg and the Debtors in effect concurrently
     herewith and related to the Sale of Parent or any Debtor
     prior to any applicable crediting features included in such
     engagement letter (the "Debtors Sale Fee Percentage"). If
     the Debtors Sale Fee Percentage is reduced at any time, the
     Sale Fee percentage hereunder shall be reduced automatically
     by an equal amount.

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

Kevin M. Cofsky, partner of Perella Weinberg Partners LP, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Perella can be reached at:

     Kevin M. Cofsky
     PERELLA WEINBERG PARTNERS LP
     767 Fifth Avenue
     New York, NY 10153
     Tel: (212) 287-3200

                   About Alta Mesa Resources

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

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

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

The Hon. Marvin Isgur is the case judge.

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


ASPEN CLUB: Not Pursuing Sale; Unsec. Claims Rise to $7.84M
-----------------------------------------------------------
Debtors The Aspen Club & Spa, LLC, and Aspen Club Redevelopment
Company, LLC filed a Joint Second Amended Chapter 11 Plan of
Reorganization and a Second Amended Disclosure Statement.

While the prior iteration of the Plan and Disclosure Statement
estimated unsecured claims to total $717,608, the present iteration
of the Plan documents disclose that unsecured creditors filed
proofs of claims totaling $7,844,416.  The claims falling within
Class 8 are as follows:

   * RK Mechanical, Inc.                       $1,973,540
   * Otis Elevator Company                         $8,214
   * PCL Construction Services, Inc.           $5,040,502
   * Ashley Concrete Structures, LLC              $67,287
   * CRG Financial                                 $2,746
   * City of Aspen                               $237,695
   * Imprint Hospitality, LLC                     $34,518
   * Gryphon Real Estate Capital Partners, LLC   $399,524
   * Karbank 430, LLC                             $64,532
   * Garfield & Hecht, P.C.                       $15,857
                                               ----------
         Total                                 $7,844,416

According to the Debtor, the claim filed by Gryphon Real Estate
Capital Partners, LLC in the amount of $399,524 should be
disallowed in its entirety, and the Debtors reserve their right to
seek to have other claims in Class 8 disallowed in whole or in part
and it should also be noted that claims in Class 8 could increase
if certain unknown and unfiled claims against the Debtors are later
Allowed and found to be Unsecured Claims.

Under the Plan, Class 8 Claims shall receive Pro Rata distributions
of Net Cash Flow generated by the Reorganized Debtors during the
time period described in Section 4.8(b) of the Plan.  Each  Holder
of  an  Allowed General Unsecured Claim shall receive its
Debtor-Adjusted Pro Rata portion of the Net Cash Flow generated by
the Reorganized Debtors in the six months following the date upon
which the Exit Financing is paid in full and after the Allowed
Claims in Classes 1, 2, 3 and 4 are paid in full and such Net Cash
Flow will be paid to Holders of Allowed General Unsecured Claims
before any Cash payments or distributions can  be made upon equity
interests in the Reorganized Debtors, including without limitation
the equity interests authorized to be issued pursuant to Sec.
6.8(c) of the Plan.

The Debtors also disclosed that on Sept. 20, 2019, the Debtors
received and were also advised that an unsolicited, unsigned, and
non-binding proposal to purchase the Project was received by GPIF
and made by Elevated Returns, LLC in the amount of $70,000,000.
But, according to the Debtors, there are a number of material
deficiencies in the proposal that would significantly impair the
return to existing creditors and put at risk their entire
investment while undermining the Debtors ability to maximize the
return to all creditors [secured and unsecured under the Plan] in
the Case.

The Elevated Returns proposal does not constitute a valuation of
the Debtors' property.  For the avoidance of doubt, the Debtors
intend to pursue the reorganization set forth in the Plan and do
not intend to  pursue the sale contemplated by Elevated Returns.
Furthermore, the  Debtors do not intend to respond to the Elevated
Returns proposal nor do the Debtors intend to pursue a sale of
their property at this time.

A full-text copy of the Second Amended Disclosure Statement dated
January 28, 2020, is available at https://tinyurl.com/re7g78v from
PacerMonitor at no charge.

The Debtors are represented by:

    MARKUS WILLIAMS YOUNG & HUNSICKER LLC
    1700 Lincoln Street, Suite 4550
    Denver, CO 80203
    Telephone: (303) 830-0800
    Facsimile: (303) 830-0809

                 About The Aspen Club & Spa

The Aspen Club & Spa owns and operates a private membership club
that offers high intensity interval training (HI2T), cardio, and
yoga classes.
  
Aspen Club & Spa sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 19-14158) on May 16,
2019. At the time of the filing, Aspen Club & Spa had estimated
assets of less than $50,000 and liabilities of between $100 million
and $500 million.  

On May 17, 2019, Aspen Club Redevelopment Company, LLC, filed its
voluntary petition for relief under chapter 11 of the Bankruptcy
Code. Aspen Club Redevelopment is a wholly owned subsidiary of The
Aspen Club & Spa.

The cases are assigned to Judge Joseph G. Rosania Jr.

The Debtors tapped Markus Williams Young & Hunsicker LLC as
counsel.


ASTERIA EDUCATION: Seeks to Employ Rochelle McCullough as Counsel
-----------------------------------------------------------------
Asteria Education, Inc. seeks approval from the U.S. Bankruptcy
Court for the Western District of Texas to employ Rochelle
McCullough LLP as its legal counsel.

Rochelle McCullough will provide these services in connection with
the Debtor's Chapter 11 case:  

   (a) take all necessary actions to protect and preserve the
bankruptcy estate, including the prosecution of actions on its
behalf, defense of any actions commenced against it, negotiations
concerning all litigation in which it is involved, and objecting to
claims.

   (b) prepare legal papers in connection with the administration
of the Debtor's estate.
  
   (c) formulate, negotiate and propose a plan of reorganization,
if justified; and

   (d) provide all other necessary legal services.

The firm will be compensated at the billing rate in effect at the
time the services are rendered and will be reimbursed for
work-related expenses.

E. P. Keiffer, Esq., a partner at Rochelle McCullough, declared in
an affidavit filed in court that the firm neither holds nor
represents interests adverse to the Debtor and its estate.

The firm can be reached through:

   E. P. Keiffer
   Paul M. Lopez
   Rochelle Mccullough, LLP
   325 N. St. Paul Street, Suite 4500
   Dallas, Texas 75201
   Telephone: (214) 580.2514
   Facsimile: (214) 953.0815
   Email: pkeiffer@romclaw.com
          plopez@romclaw.com
                                   
                      About Asteria Education

Founded in 1982 in San Antonio, Texas, Asteria Education, Inc.,
also known as ECS Learning Systems, Test Smart, LLC and Prepworks
-- https://www.staarmaster.ecslearn.com/ -- is an integrated
standards prep company and developer of STAAR MASTER.  Through its
brands, Staar Master, Testsmart, and Prepworks, Asteria Education
offers a diverse portfolio of supplementary educational products.

Asteria Education filed a Chapter 11 petition (Bankr. W.D. Tex.
Case No. 20-50169) on Jan. 26, 2020.  The petition was signed by
David Cumberbatch, president and chief executive officer.  At the
time of the filing, the Debtor disclosed between $1 million and $10
million in both assets and liabilities.   

Judge Craig A. Gargotta oversees the case.  Rochelle Mccullough,
LLP is the Debtor's legal counsel.




AUTOMATION PRECISION: May Use Cash Collateral on Interim Basis
--------------------------------------------------------------
Judge Frank J. Santoro authorized Automation Precision Technology,
LLC t/a APT, LLC, to use its cash and all other proceeds of the
collateral (which comprise the cash collateral) to pay postpetition
expenses for the period through the date of confirmation of the
plan.  

The Court prohibited the Debtor from making any payments to
insiders other than for salaries, without the prior written consent
of the Debtor's secured lender On Deck Capital Client Services.
The secured lender will be granted post-petition replacement liens
against all of Debtor's assets and cash collateral acquired
post-petition, in the same priority as the respective security
interest liens occupied on the Petition Date.  On Deck has filed a
claim for $150,000 against the Debtor.

A copy of the interim order is available for free at
https://is.gd/zel45V from PacerMonitor.com.

A final hearing on the motion is set for March 12, 2020 at 11 a.m.
(EST).  

              About Automation Precision Technology

Automation Precision Technology -- https://www.apt-llc.com/ -- is a
logistics service provider serving U.S., international & commercial
markets.  The Company offers IT & information assurance services,
logistics integration, professional & technical services, and
training services.

APT filed a Chapter 11 petition (Bankr. E.D. Va. Case No.
19-74509), on Dec. 7, 2019.  The petition was signed by Anthony
Reid, managing member. The case is assigned to Judge Stephen C. St.
John.  The Debtor is represented by Kelly M. Barnhart, Esq. at
Roussos & Barnhart PLC.  At the time of filing, the Debtor had
$262,172 in assets and $8,750,000 in liabilities.


BG WILLIAMS: Taps James L. Drake as Legal Counsel
-------------------------------------------------
B G Williams Farms, LLC received approval from the U.S. Bankruptcy
Court for the Southern District of Georgia to employ James L.
Drake, Jr. P.C. as its legal counsel.

The counsel will advise the Debtor of its powers and duties under
the Bankruptcy Code, prepare a disclosure statement and plan of
rehabilitation, and provide other legal services related to its
Chapter 11 case.

The hourly rate for James Drake, Esq., is $350.  The normal billing
rate for the firm's paralegal is $125 per hour.

Mr. Drake is a "disinterested person" as that term is defined in
Section 101(14) of the Bankruptcy Code, according to court
filings.

Mr. Drake can be reached at:

     James L. Drake, Jr. P.C.
     7 E Congress St # 901
     Savannah, GA 31401
     Phone: +1 912-790-1533

                      About B G Williams Farms

B G Williams Farms LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ga. Case No. 19-60436) on Nov. 13,
2019.  At the time of the filing, the Debtor disclosed assets of
between $1 million and $10 million and liabilities of the same
range.  Judge Edward J. Coleman III oversees the case.  The Debtor
tapped James L. Drake, Jr. PC as its legal counsel.


BISHOP GROUP: Hires Langley & Banack as Special Counsel
-------------------------------------------------------
Bishop Group, LLC, seeks authority from the U.S. Bankruptcy Court
for the Western District of Texas to employ Langley & Banack, Inc.,
as special litigation counsel to the Debtor.

Bishop Group requires Langley & Banack to provide legal services
and defend against the claims filed by the Texas Comptroller of
Public Accounts.

Langley & Banack will be paid at these hourly rates:

     James A. Hoffman, Esq.             $500
     Legal Assistants                   $125

Langley & Banack will be paid a retainer in the amount of $3,000.

Langley & Banack will also be reimbursed for reasonable
out-of-pocket expenses incurred.

James A. Hoffman, partner of Langley & Banack, Inc., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Langley & Banack can be reached at:

     James A. Hoffman, Esq.
     LANGLEY & BANACK, INC.
     745 E. Mulberry
     San Antonio, TX 78212
     Tel: (210) 736-6600

                     About Bishop Group

Bishop Group, LLC, filed a Chapter 11 bankruptcy petition (Bankr.
W.D. Tex. Case No. 19-52039) on Aug. 28, 2019, disclosing under $1
million in both assets and liabilities.  The Debtor is represented
by Diaz Jakob, LLC.



BLANCO RIVERWALK: Creditors to Be Paid in Full on Effective Date
----------------------------------------------------------------
Blanco Riverwalk Business Park LLC, filed a Combined Disclosure
Statement and Plan of Reorganization.

One member of the Debtor is being bought out and the purchasing
entity is paying off all creditors in full at the Effective Date.
The Debtor believes this Plan has the unanimous support of all
creditors and equity holders.  Consequently, many of the provisions
of 11 U.S.C. Sec. 1129 that are usually of concern simply do not
apply.

The Debtor has three creditors: BancorpSouth Bank (secured), Hays
County, and Hays County School District.  On Feb. 29, 2020 (the
"Effective Date"), a newly created entity, BR 2020 Land Bank LLC
("Land Bank"), will purchase Vista Del Blanco Ltd.'s membership
interests in the Debtor for $2 million, pay off the BancorpSouth
Bank loan in full, pay all taxes owing for the Debtor, and pay all
administrative expenses and U.S. Trustee fees.

All Other Unsecured, Secured, or Administrative Claims.  The Debtor
is not aware of any other unsecured, secured, or administrative
claims.  However, this Plan establishes a bar date in the event any
such claims exist.  If any such claims exist and are allowed, such
claims will be paid in full within 90 days of the Effective Date
or, in the event of any objection to such claim, within 45 days of
the entry of a final, non-appealable order allowing such claim.

Land Bank is soliciting capital investments, and will, on the
Effective Date, retire the debt owed BancorpSouth Bank by paying it
in full. Land Bank will obtain releases of the guarantees of Robert
McDonald, Charles Cauthorn, and James Galloway that are held by
BancorpSouth Bank. Also on the Effective Date, Land Bank will pay
the taxes owed on the property of Debtor. Land Bank will pay all
allowed administrative expenses of the Debtor either when they are
allowed by Court order (in the case of estate professionals) or
otherwise within 30 days of the Effective Date.

A full-text copy of the Disclosure Statement dated Feb. 3, 2020, is
available at https://tinyurl.com/royzprk from PacerMonitor.com at
no charge.

Attorneys for the Debtor:

     Stephen W. Lemmon
     Rhonda Mates
     1801 S. MoPac Expressway, Suite 320
     Austin, Texas 78746
     Tel: (512) 236-9900
     Fax: (512) 236-9904

            About Blanco Riverwalk Business Park

The Debtor is owned 50% by BRBP Partners LLC and 50% by Vista Del
Blanco Ltd. The Debtor owns approximately 117 acres of land with
significant IH 35 and Blanco River frontage in San Marcos, Hays
County, Texas located along the west side of IH 35 between the
Blanco River Bridge and Yarrington Road, within the City limits of
San Marcos, Texas.  Stephen W. Lemmon and Rhonda Mates serve as
counsel for Debtor.

Blanco Riverwalk Business Park, LLC, sought Chapter 11 protection
(W.D. Tex. Case No. 19-11647) on Dec. 2, 2019.  The Debtor was
estimated to have assets of $10 million to $50 million and
liabilities of $1 million to $10 million.  The Hon. Tony M. Davis
is the case judge.  Streusand, Landon, Ozburn & Lemmon, LLP, is the
Debtor's counsel.


BRIGHT MOUNTAIN: Appoints Harry Schulman as Director
----------------------------------------------------
Bright Mountain Media, Inc., has appointed Harry D. Schulman to its
Board of Directors and Audit Committee.  Mr. Schulman has no
arrangements or understandings with any other person pursuant to
which he was appointed as a director and no family relationships
with any director or executive officer of the Company.  Mr.
Schulman has no direct or indirect beneficial ownership in the
Company's common stock or rights to acquire common stock.

Mr. Schulman age 68 currently serves as a board member and Audit
Committee Chairman of HeZhong International Holdings, a consumer
loan company.  From March 2018 to November 2018, he served in an
executive capacity for Q.E.P Co,. Inc. an international diversified
provider of flooring and industrial solutions.  Since August 2016,
he has served as managing partner of Hair Clinical LLC, a consumer
products company.  Mr. Schulman has also served as an advisor to
numerous companies as an Operating Partner for Baird Capital.  Mr.
Schulman served as president of Applica Inc., a publicly traded
consumer products company from January 2001 and Chief Executive
Officer from February 2003 until it was acquired in 2007.  Mr.
Schulman holds a Bachelor's of Science in Business from the
University of Dayton and a Master's degree in International
Business from the University of Miami.

                     About Bright Mountain

Based in Boca Raton, Fla., Bright Mountain Media, Inc. --
http://www.brightmountainmedia.com/-- is a digital media holding
company whose primary focus is connecting brands with consumers as
a full advertising services platform.  Bright Mountain Media's
assets include an ad network, an ad exchange platform and 24
websites which are customized to provide its niche users, including
active, reserve and retired military, law enforcement, first
responders and other public safety employees with products,
information and news that the Company believes may be of interest
to them.

Bright Mountain reported a net loss attributable to common
shareholders of $5.33 million for the year ended Dec. 31, 2018,
compared to a net loss attributable to common shareholders of $3.01
million for the year ended Dec. 31, 2017.  As of Sept. 30, 2019,
Bright Mountain had $28.36 million in total assets, $7.23 million
in total liabilities, and $21.13 million in total shareholders'
equity.

EisnerAmper LLP, in Iselin, New Jersey, the Company's auditor since
2018, issued a "going concern" qualification in its report dated
April 12, 2019, on the Company's consolidated financial statements
for the year ended Dec. 31, 2018, stating that the Company has
experienced recurring net losses, cash outflows from operating
activities, and has an accumulated deficit that raise substantial
doubt about its ability to continue as a going concern.


CAPSON CORP: Unsecured Creditors to Get Full Payment Under Plan
---------------------------------------------------------------
Capson Corp. and its debtor affiliates filed with the U.S.
Bankruptcy Court for the Western District of Texas, Austin
Division, a Joint Plan of Reorganization and a Disclosure
Statement.

In an effort to preserve its dwindling cash proceeds, Capson,
Granite State Insurance Company (GSIC) and Capson Physicians
Insurance Company (CPIC)/Special Deputy Receiver (SDR)/Texas
Department of Insurance (TDI) agreed to mediate their disputes and
were able to successfully reach a compromise. Separate settlement
agreements have been reached with the referenced parties.  The Plan
seeks the approval of the agreements between (a) Capson and GSIC,
and (b) Capson and CPIC/SDR/TDI.  The agreement between GSIC and
CPIC/SDR/TDI and the agreement between Capson and CPIC/SDR/TDI must
be approved in the CPIC receivership action.

Assuming that the foregoing agreements are approved there should be
remaining cash proceeds available for distribution to the holders
of Preferred Equity Interests.  Subject to the individual investors
accepting a proposed agreement, the institutional investors have
agreed to voluntarily subordinate their interests which would
substantially increase the percentage recovery for such individual
investors.  The Plan also provides a mechanism for the Noteholders
to waive their asserted right to reimbursement of certain expenses
in exchange for a release.

The Settlement Agreements are the result of arm's-length
negotiations between the parties.  The Settlement Agreements
contemplate the negotiation and (a) approval by the Bankruptcy
Court of the (i) GSIC/Debtors Settlement and (ii) CPIC/Debtors
Settlement, and (b) approval by the state court presiding over the
CPIC receivership action of the GSIC/CPIC Settlement and the
CPIC/Debtors Settlement.  The Debtors had a finite amount of cash
available to resolve the various conflicting claims. If the SDR had
prevailed in its positions summarized in the SDR Response, there
would have been no funds available for any other party.  If GSIC
had prevailed in its positions set forth in the GSIC Claim, it
would have consumed most of the cash in the estate.

All Allowed General Unsecured Claims against the Debtors in Class 6
(with $1,400.28 estimated aggregate amount of claims) will be paid
in Cash in the amount of their claim without interest.

Each Holder of an Allowed Preferred Equity Interest in Class 8 will
receive a pro rata share of the Available Cash. Each
Non-Institutional Preferred Equity Interest Holder will be given
the option of electing to accept or reject the Preferred Equity
Compromise. Such Holders who (a) accept will receive the Increased
Preferred Equity Interest Share, (b) reject will receive the
Ratable Preferred Equity Interest Share.

Allowed Common Equity Interests in Class 9 shall be cancelled, and
Holders of Class 9 Common Equity Interests shall not receive any
distribution.

The Reorganized Debtors shall fund payments pursuant to the Plan
with Cash on hand.

A full-text copy of the Disclosure Statement dated Jan. 23, 2020,
is available at https://tinyurl.com/sxapsul from PacerMonitor at no
charge.

The Debtors are represented by:

        Morris D. Weiss
        Mark C. Taylor
        Evan J. Atkinson
        WALLER LANSDEN DORTCH & DAVIS, LLP
        100 Congress Ave., Suite 1800
        Austin, Texas 78701
        Telephone: (512) 685-6400
        Facsimile: (512) 685-6417
        E-mail: morris.weiss@wallerlaw.com
                mark.taylor@wallerlaw.com
                evan.atkinson@wallerlaw.com

                  - and -

        Jonathan M. Fisher
        Waller Lansden Dortch & Davis, LLP
        633 Chestnut St., Suite 1400
        Chattanooga, TN 37450
        Telephone: (423) 682-6300
        Facsimile: (423) 682-6301
        E-mail: jonathan.fisher@wallerlaw.com

                      About Capson Corp.

Capson Corp., based in Austin, TX, and its affiliates sought
Chapter 11 protection (Bankr. W.D. Tex. Lead Case No. 19-10890) on
July 3, 2019.

In the petitions signed by Matthew Downs, president, Capson Corp.
was estimated to have assets of $10 million to $50 million and
liabilities of $1 million to $10 million; affiliate Capson
Physicians was estimated to have assets and liabilities of less
than $50,000; and affiliate Capson Healthcare estimated had assets
of up to $50,000 and liabilities of $1 million to $10 million.

The Hon. Christopher H. Mott oversees the cases.

Morris D. Weiss, Esq., at Waller Lansden Dortch & Davis, LLP,
serves as bankruptcy counsel to the Debtors.

No request for the appointment of a trustee or examiner has been
made in the Chapter 11 cases, and no committees have been appointed
or designated.


CATHEDRAL PINES: Moody's Hikes Rating on $4.6MM GOULT Bonds to Ba1
------------------------------------------------------------------
Moody's Investors Service upgraded Cathedral Pines Metropolitan
District, CO's general obligation unlimited tax bonds to Ba1 from
Ba2, affecting $4.6 million in outstanding rated bonds.
Concurrently, Moody's has revised the outlook to positive from
stable.

RATINGS RATIONALE

The upgrade to Ba1 reflects the district's recent trend of taxable
value increase coupled with its financial recovery from a
fire/flood weather event in 2013. The upgrade further incorporates
the district's limited tax base and small number of homes, with
high resident income indices, modest financial position, and
moderate debt burden.

RATING OUTLOOK

The positive outlook reflects the expectation that the district's
general fund cash and reserve position will continue to strengthen
in fiscal 2019 and fiscal 2020, leading to an improved credit
profile.

FACTORS THAT COULD LEAD TO AN UPGRADE

  - Continued growth in taxable values

  - Strengthening of the district's reserve position

FACTORS THAT COULD LEAD TO A DOWNGRADE

  - Material reduction in taxable values

  - Deterioration in fund balance

LEGAL SECURITY

The bonds are general obligations of the district secured by a
pledge of the full faith and credit of the district and payable
from general ad valorem taxes which may be levied against all
taxable property within the district without limitation of rate and
in an amount sufficient to pay the bonds when due.

USE OF PROCEEDS

Not applicable.

PROFILE

Cathedral Pines Metropolitan District is a special purpose entity
created to provide parks and recreation, street improvements, storm
sewer, flood, and surface drainage maintenance for the Cathedral
Pines community. The community is a 765-acre development favorably
located 15 miles north of Colorado Springs (Aa2) and wholly within
El Paso County (Aa1) and El Paso County School District No. 20
(Academy) (Aa2). As of February 2020, there were 148 single-family
residences at 100% occupancy, with 19 vacant lots, and no ongoing
construction. Full build-out is projected to be 167 homes.

METHODOLOGY

The principal methodology used in this rating was US Local
Government General Obligation Debt published in September 2019.


CAVISTON INC: Unsecureds to Get 10% from Net Income in 5 Years
--------------------------------------------------------------
Debtor Caviston, Inc.. filed an Amended Combined Plan of
Reorganization and Disclosure Statement dated January 23, 2020.

Generally, the Debtor classifies 2 classes of creditors that will
be treated pursuant to its Plan. The first class consists of
Univest Bank and Trust Co., which is the Debtor’s sole secured
creditor. The Debtor has two loans with Univest: a Small Business
Administration loan and a Line of Credit. The Debtor was current in
its payments to Univest on account of the SBA Loan as of the
Petition Date. The Debtor was also making current monthly interest
payments on the LOC as of the Petition Date, notwithstanding the
fact that the LOC had already matured.

The second class consists of Unsecured Creditors, which consists of
approximately $950,000 in aggregate liabilities. Unsecured
Creditors will receive a minimum of $60,000 payable pro rata in 20
quarterly installments of $2,000 per quarter or approximately 6.3%
on of their Allowed Claims, commencing in first quarter following
the Effective Date. Unsecured Creditors will also receive 10% of
the Debtor's annual Net Income earned in excess of the Debtor's
Projected Net Income over the 5-year cash flow payment plan, if
any.

The source of payment of all of the claims will be from business
revenues generated by the Debtor and, to the extent of any cash
shortfalls, through advances by the owners of the Debtor. In
addition, the Debtor intends to file adversary proceedings in the
Bankruptcy Court to prosecute Preference Actions, the proceeds of
which will be retained by the Debtor and used to supplement Plan
payments to its creditors in accordance with this Combined Plan and
Disclosure Statement.

The Debtor has already moved to assume both its Commercial Leases
from which it currently operates its business. The Debtor will fund
its reduced lease arrears of $11,400 per the Neshaminy Mall lease
amendment over two years as set forth in its Plan Cash Flow
Projections.

A full-text copy of the Amended Combined Plan of Reorganization and
Disclosure Statement dated January 23, 2020, is available at
https://tinyurl.com/rck25ko from PacerMonitor at no charge.

The Debtor is represented by:

        Robert M. Greenbaum, Esquire
        112 Moores Road, Suite 300
        Malvern, PA 19355
        Telephone: (610) 407-7215
        Facsimile: (610) 407-7218

                     About Caviston Inc.

Caviston, Inc. is a privately held company whose principal assets
are located at 109 Montgomeryville Mall, North Wales,
Pennsylvania.

Caviston sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. E.D. Pa. Case No. 19-11782) on March 22, 2019. At the time
of the filing, the Debtor estimated assets of less than $500,000
and liabilities of $1 million to $10 million. The case is assigned
to Judge Eric L. Frank. Smith Kane Holman, LLC, is the Debtor's
legal counsel.


CBAC GAMING: Moody's Lowers CFR to Caa1, Outlook Stable
-------------------------------------------------------
Moody's Investors Service downgraded CBAC Gaming, LLC's Corporate
Family Rating to Caa1 from B3, Probability of Default Rating to
Caa1-PD from B3-PD, and senior secured revolving credit facility
and term loan B to Caa1 from B3. The outlook is stable.

"The downgrade reflects weak operating performance trends and lower
than expected EBITDA generated at the company's only casino
property, Horseshoe Baltimore, with leverage sustained over 7x debt
to EBITDA", said Moody's analyst, Adam McLaren. Continued
competitive pressure in the market from Live! Casino & Hotel as
well as MGM National Harbor casino have led to steady declines in
gross gaming revenue for CBAC, exceeding all downgrade triggers.

Downgrades:

Issuer: CBAC Gaming, LLC

  Probability of Default Rating, Downgraded to Caa1-PD from B3-PD

  Corporate Family Rating, Downgraded to Caa1 from B3

  Senior Secured Bank Credit Facility Downgraded to Caa1 (LGD3)
  from B3 (LGD3)

Outlook Actions:

Issuer: CBAC Gaming, LLC

  Outlook, Remains Stable

RATINGS RATIONALE

CBAC's Caa1 Corporate Family Rating reflects the company's small,
single property, geographically concentrated gaming operations,
high debt/EBITDA relative to its scale of operations and
competition from the expansion of Live!, its closest competitor,
and MGM's National Harbor casino. CBAC's gaming revenue continues
to be pressured due to competition in the market. As a casino
operator, social risk is elevated, as evolving consumer preferences
related to entertainment choices and population demographics may
drive a change in demand away from traditional casino-style gaming.
Positive credit consideration is given to the population density of
the Washington D.C. to Baltimore area that should enable the market
to eventually absorb the new supply, the company's adequate
liquidity to support cash needs, and management by Caesars and
access to its loyalty program.

The stable rating outlook reflects its view that CBAC will maintain
adequate liquidity while managing costs in an effort to keep
leverage flat in 2020.

CBAC's ratings could be upgraded if monthly gross gaming revenue
shows sustained improvement. Additionally, an upgrade would require
improving covenant cushion and a reduction in debt/EBITDA to below
6.5x and improvement in EBIT/Interest to near 1.25x, on a Moody's
adjusted basis.

CBAC's ratings could be downgraded if same store gaming revenue for
the property continues to decline without mitigating cost
reductions, if debt/EBITDA approaches 8x, or if the company's
liquidity weakens including reduction in cash position or reduced
covenant cushion.

The principal methodology used in these ratings was Gaming Industry
published in December 2017.

CBAC Gaming, LLC is a joint venture whose members consist of CR
Baltimore Holdings, LLC, CVPR Gaming Holdings, LLC, and PRT Two.
CRBH is a joint venture between Caesars Baltimore Investment
Company, LLC and Rock Gaming Mothership, LLC. CBAC developed and
opened the Horseshoe Baltimore casino in Baltimore, MD on August
26, 2014. Horseshoe Baltimore features more than 2,200 slot
machines, including more than 150 video poker machines, a 25-table
WSOP Poker Room and over 150 table games. A wholly owned subsidiary
of Caesars Operating Co., LLC manages the property. CBAC is a
private company that does not disclose financial information to the
public.


CHAMBERS OF TUCSON: Withdraws Cash Collateral Motion
----------------------------------------------------
According to the case docket, The Chambers of Tucson Mall, LLC
withdrew its motion to use cash collateral for the period from Dec.
14, 2019 through Feb. 29, 2020, as disclosed in a minute entry of
the hearing held on the motion.

A copy of the minute entry is available at https://is.gd/fdlUM2
from PacerMonitor.com at no charge.

              About The Chambers of Tucson Mall

The Chambers of Tucson Mall, LLC filed a voluntary petition for
relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz.
Case No. 19-15701) on Dec. 14, 2019, listing under $1 million in
both assets and liabilities.  Charles Richard Hyde, Esq., at the
Law Offices Of C.R. Hyde, is the Debtor's legal counsel.


COATESVILLE AREA SD: Moody's Cuts Rating on $5.3MM GOULT to Ba3
---------------------------------------------------------------
Moody's Investors Service downgraded Coatesville Area School
District (Chester County), PA's general obligation unlimited tax
and general obligation limited tax ratings to Ba3 from Ba1,
affecting $5.3 million and $57.7 million in rated debt outstanding,
respectively. Concurrently, Moody's has downgraded the district's
lease revenue rating to Ba3 from Ba1, affecting $12.4 million in
parity rated debt outstanding. The outlook remains negative.

While a portion of the district's debt is supported by a GOULT
pledge, the pledge supporting the majority of the district's rated
debt is limited tax based on the limited ability of Pennsylvania
school districts to increase their property tax levy above a preset
index.

RATINGS RATIONALE

The district's Ba3 GOULT and GOLT ratings reflect its highly
pressured financial position in light of a multiyear trend of
escalating charter school costs. Charter enrollment is nearly 34%
of total district enrollment as of 2019. The associated tuition
costs, as well as the district's special education costs and its
inability to curtail operating expenditures, has resulted in an
ongoing structural imbalance that is expected to persist in the
near term.

The Ba3 rating also incorporates the district's reliance on
one-time savings from the refunding of debt, a sizable deficit
financing in 2018, and frequent cash flow borrowing in order to
maintain a positive fund balance. The district's debt burden is
above average, and it reports significant deferred capital needs.
These challenges to the district's credit profile are somewhat
offset by its large and growing tax base and above average resident
wealth.

The absence of distinction between the GOULT and GOLT ratings
reflects Pennsylvania school districts' ability to apply for
exceptions to the cap on property tax increases in order to cover
debt service, the Commonwealth's history of granting such
exceptions, and the district's full faith and credit pledge
supporting all general obligation debt.

The absence of distinction between the district's general
obligation and lease revenue ratings reflects the district's full
faith and credit general obligation limited tax pledge covering the
lease rental payments.

RATING OUTLOOK

The negative outlook on the district's general obligation and
lease-backed debt reflects its pressured financial condition and
ongoing structural imbalance that is expected to persist in the
near term.

FACTORS THAT COULD LEAD TO AN UPGRADE

  - Structurally balanced operations that are maintained over
    multiple reporting periods

  - Proven ability to manage and accurately budget for charter
    costs; a reduction or stabilization of charter enrollment,
    coupled with cost containment

FACTORS THAT COULD LEAD TO A DOWNGRADE

  - Further structural imbalance with continued material draws
    on reserves

  - Additional deficit financing

  - Escalation of debt burden

  - Deterioration of tax base and wealth levels

LEGAL SECURITY

The district's Series of 2013 bonds are secured by the district's
general obligation unlimited tax pledge, as they were issued to
refund debt that was originally issued prior to the 2006
implementation of the Act 1 index.

The district's Series of 2017 bonds are also secured by the
district's GOLT pledge, which is subject to the limits of
Pennsylvania's Act 1 "Taxpayer Relief Act." Moody's does not
maintain a rating on the Series of 2010 bonds.

The district's Series of 2018 bonds are secured by lease payments
made to the Coatesville Area School District Building Authority.
The lease payments are ultimately secured by the district's full
faith and credit general obligation limited tax (GOLT) pledge, as
per a guarantee agreement between the district and the building
authority.

PROFILE

Coatesville Area School District serves 5,450 students in the City
of Coatesville, PA, which is approximately halfway between
Lancaster (A3) and Philadelphia (A2 stable) in Chester County (Aaa
stable). The district operates one high school, three middle
schools, and seven elementary schools. In addition, 3,050 students
are enrolled at charter and cyber schools, representing a
significant source of financial pressure for the district.

METHODOLOGY

The principal methodology used in the general obligation ratings
was US Local Government General Obligation Debt published in
September 2019. The principal methodology used in the lease rating
was Lease, Appropriation, Moral Obligation and Comparable Debt of
US State and Local Governments published in July 2018.


COLLEGE OF NEW ROCHELLE: Court Approves Disclosure Statement
------------------------------------------------------------
The Bankruptcy Court has ordered that the Second Amended Disclosure
Statement explaining the Chapter 11 Plan filed by The College Of
New Rochelle is approved.

The hearing to consider confirmation of the Second Amended Plan is
scheduled for March 11, 2020 at 10:00 a.m. Eastern Time, at the
United States Bankruptcy Court for the Southern District of New
York, 300 Quarropas Street, White Plains, New York 10601, Honorable
Robert D. Drain presiding.

Any objection to Confirmation of the Second Amended Plan must be
filed  and served no later than 5:00 p.m., Eastern Time, on March
4, 2020.

Any reply to any objection to Confirmation of the Second Amended
Plan must be filed and served on the objecting party no later than
5:00 p.m., Eastern Time, on March 9, 2020.

All persons and entities entitled to vote on the Second Amended
Plan must deliver their Ballots by mail, hand delivery, facsimile
or overnight courier so as to be received no later than 5:00 p.m.
Eastern Time on March 4, 2020.

The Debtor must file with the Court a certificate of ballots
received by the ballot deadline by March 9, 2020.

                About the College of New Rochelle

Founded by the Ursuline Sisters in 1904, The College of New
Rochelle comprises four schools: the school of arts & sciences, the
school of nursing & healthcare professions, the graduate school and
the school of new resources for adult learners.  CNR provided
education to underprivileged and first-generation college students
at its historic home in New Rochelle, Westchester County, New York.
The College expanded to operate satellite campuses at five other
locations in the Bronx, Brooklyn, Harlem and Yonkers.

The College of New Rochelle shut operations in August 2019 and on
Sept. 20, 2019, sought Chapter 11 protection (Bankr. S.D.N.Y. Case
No. 19-23694) in White Plains, New York.

In the petition signed by Mark Podgainy, interim chief
restructuring officer, the Debtor was estimated to have $50 million
to $100 million in assets and liabilities as of the bankruptcy
filing.

The Hon. Robert D. Drain is the case judge.

The Debtor tapped CULLEN & DYKMAN, LLP as bankruptcy counsel; HOGAN
MARREN BABBO & ROSE, LTD., as regulatory counsel.  GETZLER HENRICH
& ASSOCIATES is the restructuring advisor.  A&G REALTY PARTNERS and
B6 REAL ESTATE ADVISORS are marketing the Debtor's assets.
KURTZMAN CARSON CONSULTANTS LLC is the claims agent.


COMMUNITY HEALTH: Saba Capital, et al. Report 3.4% Stake
--------------------------------------------------------
Saba Capital Management, L.P., Saba Capital Management GP, LLC, and
Mr. Boaz R. Weinstein disclosed in an amended Schedule 13G filed
with the Securities and Exchange Commission that as of Dec. 31,
2019, they beneficially own 3,999,331 shares of common stock of
Community Health Systems Inc., which represents 3.4 percent of the
shares outstanding (based upon 117,844,337 shares of common stock
outstanding as of 9/30/2019, as disclosed in the company's
Certified Shareholder Report Form 10-Q filed 10/30/2019).  A
full-text copy of the regulatory filing is available for free at:

                      https://is.gd/ejHgwd

                     About Community Health

Community Health -- http://www.chs.net/-- is a publicly traded
hospital company and an operator of general acute care hospitals in
communities across the country.  The Company, through its
subsidiaries, owns, leases or operates 99 affiliated hospitals in
17 states with an aggregate of approximately 16,000 licensed beds.
The Company's headquarters are located in Franklin, Tennessee.
Shares in Community Health Systems, Inc. are traded on the New York
Stock Exchange under the symbol "CYH."

Community Health reported a net loss attributable to the Company's
stockholders of $788 million for the year ended Dec. 31, 2018,
compared to a net loss attributable to the Company's stockholders
of $2.45 billion for the year ended Dec. 31, 2017.  As of Sept. 30,
2019, the Company had $15.89 billion in total assets, $17.16
billion in total liabilities, $498 million in redeemable
non-controlling interests in equity of consolidated subsidiaries,
and a total stockholders' deficit of $1.76 billion.

                           *   *   *

As reported by the TCR on Nov. 29, 2019, S&P Global Ratings raised
its issuer credit rating on U.S.-based hospital operator Community
Health Systems Inc. to 'CCC+' from 'SD' (selective default).  The
upgrade to 'CCC+' reflects the company's longer-dated debt maturity
schedule, and S&P's view that Community's efforts to rationalize
its hospital portfolio as well as improve financial performance and
cash flow should strengthen credit measures over the next couple of
years.

Also in November 2019, 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.


DALF ENERGY: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: DALF Energy, LLC
        19179 Blanco Road, Suite 105-453
        San Antonio, TX 78258

Case No.: 20-50369

Business Description: DALF Energy, LLC is a privately held company
                      in the oil and gas extraction business.

Chapter 11 Petition Date: February 17, 2020

Court: United States Bankruptcy Court
       Western District of Texas

Judge: Hon. Craig A. Gargotta

Debtor's Counsel: H. Anthony Hervol, Esq.
                  LAW OFFICE OF H. ANTHONY HERVOL
                  4414 Centerview Dr., Suite 207
                  San Antonio, TX 78228
                  Tel: (210) 522-9500
                  E-mail: hervol@sbcglobal.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Carlos Sada Gonzalez, co-manager.

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

                   https://is.gd/wfAFBQ


DENNIS L. PERRY: To Seek Plan Confirmation on Feb. 25
-----------------------------------------------------
Debtor Dennis L. Perry - GBC Inc. filed an Amended Disclosure
Statement for Proposed Plan of Reorganization.

Pursuant to Sec. 1128 of the Bankruptcy Code and Federal Rule of
Bankruptcy Procedure 3017 (c), the Bankruptcy Court has scheduled
the hearing on confirmation of the Plan for Feb. 25, 2020, at 10:00
a.m. (Eastern Time) in Courtroom 1, 5th Floor, 601 West Broadway,
Louisville, Kentucky.

Under the Plan, secured creditors will be paid in installments
until paid in full with interest.

Like in the prior iteration, the Disclosure Statement provides that
unsecured claims in Class 4 will be paid monthly for 60 months.
The Debtor will make available the sum of $5,000 per month for
allowed  unsecured creditors.  The Debtor will make a monthly
distribution to allowed unsecured creditors on a pro rata basis.
In addition to the monthly distribution, the Debtor will make an
additional yearly distribution beginning in January 2021 continuing
for four years (2022,  2023 and 2024) of 25% of the net profit of
the Debtor, paid in a pro rata basis.

Dennis L. Perry will retain his equity interest in the reorganized
debtor.  

A full-text copy of the Amended Disclosure Statement dated Jan. 28,
2020, is available at https://tinyurl.com/sypxyxn from PacerMonitor
at no charge.

The Debtor is represented by:

       Mark H. Flener
       Law Office of Mark H. Flener
       1143 Fairway Street, Suite 1
       Post Office Box 0008
       Bowling Green, Kentucky 42102-0008
       Telephone: (270) 783-8400
       Facsimile: (270) 783-8872
       E-mail: mark@flenerlaw.com

                About Dennis L. Perry - GBC Inc.

Dennis L. Perry - GBC, Inc., was opened in 1997 and got its start
by supplying customers with items to improve performance for diesel
trucks. This ranged from chips and programmers, exhaust kits,
gauges, and intakes. The Corporation began offering its own tuning
for the 7.3L Powerstroke and released his own chip to work with the
Ford computer That chip has now grown to be known as the TS
Performance 6 Position Chip and is the most popular and widely used
chip for the 7.3L Powerstroke engine.

Dennis L. Perry - GBC, Inc., d/b/a TS Performance, sought Chapter
11 protection (Bankr. W.D. Ky. Case No. 19-10581) on June 13, 2019.
The Debtor was estimated to have assets of $100,000 to $500,000
and liabilities of $1 million to $10 million.  The Hon. Joan A.
Lloyd is the case judge.  MARK H. FLENER is the Debtor's counsel.


DPW HOLDINGS: Anson Funds, et al. Report 0% Equity Stake
--------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, these entities and individuals reported beneficial
ownership of 0 shares of common stock of DPW Holdings, Inc.:

  * Anson Funds Management LP
  * Anson Management GP LLC
  * Bruce R. Winson
  * Anson Advisors Inc.
  * Amin Nathoo
   * Moez Kassam

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

                      https://is.gd/HuGcjO

                       About DPW Holdings

Headquartered in Newport Beach, California, DPW Holdings, Inc.,
formerly known as Digital Power Corp. -- http://www.DPWHoldings.com
-- is a diversified holding company pursuing growth by acquiring
undervalued businesses and disruptive technologies that hold global
potential.  Through its wholly owned subsidiaries and strategic
investments, the Company provides mission-critical products that
support a diverse range of industries, including defense/
aerospace, industrial, telecommunications, medical, crypto-mining,
and textiles.  In addition, the company owns a select portfolio of
commercial
hospitality properties and extends credit to select entrepreneurial
businesses through a licensed lending subsidiary.

DPW Holdings incurred a net loss of $32.98 million in 2018,
following a net loss of $10.89 million in 2017.  As of Sept. 30,
2019, the Company had $47.42 million in total assets, $29.50
million in total iabilities, and $17.92 million in total
stockholders' equity.

Marcum LLP, in New York, the Company's auditor since 2016, issued a
"going concern" qualification in its report dated April 16, 2019,
on the Company's consolidated financial statements for the year
ended Dec. 31, 2018, stating that the Company has a significant
working capital deficiency, has incurred significant losses, and
needs to raise additional funds to meet its obligations and sustain
its operations.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.


EAGLE HOLDING II: Moody's Raises CFR to Ba3, Outlook Stable
-----------------------------------------------------------
Moody's Investors Service upgraded Eagle Holding Company II, LLC's
(a parent company of Jaguar Holding Company II and Pharmaceutical
Product Development, LLC) Corporate Family Rating to Ba3 from B2
and the Probability of Default Rating to Ba3-PD from B2-PD. Moody's
also upgraded Jaguar Holding Company II's rating on its secured
bank credit facilities to Ba2 from Ba3 and the ratings on its
unsecured notes to B2 from B3. Moody's also assigned an SGL-1
Speculative Grade Liquidity Rating. The outlook is stable.

The two-notch rating upgrade to PPD's Corporate Family Rating
reflects significant near-term debt repayment anticipated following
the recent IPO. PPD raised approximately $1.6 billion in equity and
intends to use a substantial portion of these proceeds to repay all
of its outstanding HoldCo notes issued at Eagle Holding Company II,
LLC, representing about 25% of total debt. In addition, Moody's
expects further deleveraging over the next 12-18 months due to
strong earnings growth. Adjusted debt/EBITDA, pro forma for the
anticipated debt repayment improves to 5x from about 6.6x for the
twelve months ended September 30, 2019. Moody's expects this to
further decline to below 4.5x in 2020.

The one notch upgrade on the senior secured bank credit facilities
and unsecured debt at Jaguar Holding Company II reflects the
improvement in the CFR offset by the loss of some junior debt in
capital structure due to the anticipated redemption of the Holdco
notes.

Moody's affirmed the Caa1 rating on the Eagle's HoldCo notes and
will withdraw these notes shortly upon repayment.

Eagle Holding Company II, LLC:

Ratings upgraded:

Corporate Family Rating to Ba3 from B2

Probability of Default Rating to Ba3-PD from B2-PD

Rating affirmed (and to be withdrawn at redemption):

Senior unsecured notes at Caa1 (LGD6)

Ratings assigned;

Speculative Grade Liquidity Rating, Assigned SGL-1

Outlook action:

The outlook is stable.

Jaguar Holding Company II:

Ratings upgraded:

  $300 million senior secured revolving credit facility to
  Ba2 (LGD3) from Ba3 (LGD2)

  Senior secured term loan to Ba2 (LGD3) from Ba3 (LGD2)

  $1125 million guaranteed senior unsecured notes to B2 (LGD5)
  from B3 (LGD5)

Outlook action:

  The outlook is stable.

RATINGS RATIONALE

PPD's Ba3 CFR is supported by its significant scale, breadth of
services and strong reputation as one of the largest contract
research organizations (CROs) globally. Strong demand for its
services and a significant revenue backlog of nearly $7 billion,
support Moody's expectation for high single-digit earnings growth
and cash flow over the next several years. In Moody's view, PPD
will exhibit a more conservative financial policy and leverage
tolerance following the IPO, paving a path for debt/EBITDA to
improve towards 4x in 2021. The rating also reflects the risks
inherent in the CRO industry, which is highly competitive, has high
reliance on the pharmaceutical industry, and is subject to
cancellation risk.

ESG risk considerations include a still high sponsor ownership of
PPD's public equity, at around 70%, which could lead PPD to favor
shareholder-friendly initiatives. At present, sponsors, The Carlyle
Group and Hellman & Friedman, also represent a majority of seats on
the board of directors.

PPD's SGL-1 Speculative Grade Liquidity Rating is supported by
Moody's expectation for strong free cash flow in excess of $400
million annually. Cash, pro forma for PPD's IPO and Holdco debt
redemption will exceed $400 million. Mandatory debt amortization is
modest at around $35 million on the term loan. PPD also has a $300
million undrawn revolver that expires in May 2022. There are no
financial maintenance covenants on the term loan, with a springing
senior secured net leverage covenant on the revolver (when more
than 30% drawn).

The stable outlook reflects Moody's expectation that PPD's leverage
will remain moderately high but that earnings growth rates will
continue to be solid, despite strong competition from peers.

Moody's could upgrade the ratings if PPD's debt to EBITDA is
expected to be sustained below 4x and if the company refrains from
large debt-financed shareholder initiatives.

Moody's could downgrade the ratings if debt/EBITDA is expected to
be sustained above 5x or if backlog and new business awards are
weak on a sustained basis.

PPD is a leading global contract research organization. The company
provides Phase I through Phase IV clinical development,
post-approval services as well as laboratory services to
pharmaceutical, biotechnology and academic customers, among others.
PPD is a public company although sponsors, The Carlyle Group and
Hellman & Friedman, Blue Spectrum, and GIC, own approximately 70%
of the public float. Reported revenue for the twelve months ended
September 30, 2019 approximated $3.8 billion.

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


ENERMEX INT'L: Seeks to Hire Coplen, Cerasuelo as Attorneys
-----------------------------------------------------------
Enermex International, Inc., seeks authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ
Coplen & Banks, PC., and Smith & Cerasuolo, LLP, as bankruptcy
counsel to the Debtor.

Enermex International requires the Firms to:

   a. advise the Debtor with respect to its powers and duties;

   b. advise the Debtor with respect to the rights and remedies
      of the Estate's creditors and other Parties in interest;

   c. conduct appropriate examinations of witnesses, claimants
      and other Parties in interest;

   d. prepare all appropriate pleadings and other legal
      instruments required to be filed in this case;

   e. represent the Debtor in all proceedings before the Court
      and in any other judicial or administrative proceeding in
      which the rights of the Debtor or the Estate may be
      affected;

   f. represent and advise the Debtor (if appropriate) in the
      liquidation of its assets through the bankruptcy court;

   g. advise the Debtor in connection with the formulation,
      solicitation, confirmation and consummation of any plan(s)
      of reorganization which the Debtor may propose; and

   h. perform any other legal services that may be appropriate in
      connection with the continued operations of the Debtor's
      businesses.

The Firms will be paid at these hourly rates:

     Coplen & Banks's John Akard Jr.            $350
     Smith & Cerasuolo's Gary F. Cerasuolo      $300

The Sole Shareholder and President of the Debtor, Edgar Padilla
("Padilla"), paid the Firms $4,990 prior to this case being filed.
Additionally, Enermex Rentals & Service LLC ("Rentals & Services"),
an entity also owned and controlled by Padilla, entered into a
$25,000 Revolving Line of Credit Promissory Note with the Firms to
assure payment of fees in this case. Rentals & Services also
granted the Firms a security interest in its Miller sub arc 1000
welding machine to secure payment.

Prior to filing the Chapter 11 Petition, attorneys fees of $4,790,
the filing fee of $1,717, and other expenses of $8.73 were
incurred. As a result, the entire prepetition retainer has been
utilized and the Firms have written off the additional amount due
of $825.73.

The Firms will also be reimbursed for reasonable out-of-pocket
expenses incurred.

John Akard Jr., a partner at Coplen & Banks, and Gary F. Cerasuolo,
a partner of Smith & Cerasuolo, assured the Court that each firm is
a "disinterested person" as the term is defined in Section 101(14)
of the Bankruptcy Code and does not represent any interest adverse
to the Debtor and its estates.

The Firms can be reached at:

     John Akard Jr., Esq.
     COPLEN & BANKS PC
     11111 McCracken, Suite A
     Cypress, TX 77429
     Tel: (832) 237-8600
     Fax: (832) 202-2088
     E-mail: JohnAkard@Attorney-CPA.com

          - and -

     Gary F. Cerasuolo, Esq.
     SMITH & CERASUOLO, LLP
     7500 San Felipe, Suite 777
     Houston, TX 77063
     Tel: (713) 787-0003
     Fax: (713) 782-6785
     E-mail: gary.cerasuolo@sbcglobal.net

                  About Enermex International

Enermex International Inc. is an oilfield equipment supplier in
Texas. It provides engineering, design, and consulting support
solutions to the oil and gas, refining, and petrochemical
industries. It also offers engineering solutions for clean fuels
production as well as a wide range of refinery process units and
related facilities.

Enermex International Inc., based in Houston, TX, filed a Chapter
11 petition (Bankr. S.D. Tex. Case No. 20-30110) on Jan. 6, 2020.
In the petition signed by Edgar Padilla, president/CEO, the Debtor
was estimated to have $1 million to $10 million in both assets and
liabilities.  The Debtor hired Coplen & Banks, PC., and Smith &
Cerasuolo, LLP, as bankruptcy attorneys.


EQT CORP: Fitch Lowers LT IDR to BB, Outlook Negative
-----------------------------------------------------
Fitch Ratings downgraded EQT Corporation's Long-term Issuer Default
Rating and senior unsecured debt to 'BB' from 'BBB-', and has
assigned a 'RR4' Recovery Rating to EQT's senior unsecured notes.
The Ratings Outlook remains on Negative.

Thr rating action reflects the negative impacts that a scenario of
lower-for-longer natural gas prices is expected to have on EQT's
credit profile, including increased execution risks to the
company's asset sales and related $1.5 billion de-leveraging plan;
as well as higher liquidity risks in the form of LOCs, which can be
contractually called at the discretion of key pipeline
counterparties given EQT's sub-investment grade ratings. The
downgrade also reflects the company's eroding hedging cover (strong
in 2020 at 87%, but tailing off significantly in 2021 to around
23%), as well as uncertainties around the timing and magnitude of
benefits from midstream fee negotiations with Equitrans Midstream
Corporation (ETRN).

These considerations are partly offset by the company's large,
low-cost position in the Marcellus shale, good historical
operational performance, commitment to de-lever, positive expected
cash flow impacts of the company's large-scale combination drilling
program, and the breathing room created by the company's recent
bond refinancing activities.

The Negative Outlook reflects Fitch's view that further credit
improvement will be challenging in the current natural gas pricing
environment. Liquidity could be reduced and leverage sensitivities
breached if natural gas prices remain lower over an extended period
of time.

KEY RATING DRIVERS

Bearish Gas Prices: North American natural gas prices collapsed
this winter to below $2.00/mcf on a Henry Hub basis, driven by the
combination of a warm winter with below trend heating degree days,
continued oversupply from associated shale gas, and the emerging
coronavirus pandemic, which has curbed economic activity in China
and pushed Asian LNG prices to record lows. In the medium term,
Fitch expects North American natural gas prices will continue to be
weighed down by large volumes of associated gas from the Permian,
which Fitch expects will keep gas prices lower for longer. Fitch's
current base case gas price deck (Henry Hub) is $2.50/mcf over the
next several years.

Challenging Asset Sales: The collapse in winter natural gas prices
has created additional challenges for EQT's asset sales program and
related $1.5 billion de-leveraging program. The company's 19.9%
stake in publicly traded ETRN recently declined to below $500
million, versus levels as high as $1.1 billion in 2018. Fitch
believes E&P asset sales are likely to see lower valuations and a
limited pool of buyers in the current environment. Of the proposed
asset sales, Fitch believes the most promising are the royalty and
mineral interests, given better buyer interest and higher
multiples; however, Fitch also expects the company will balance
these considerations against maintaining a relatively high NRI
versus peers. In addition to relief from asset sales, EQT will need
to execute on its large combination development drilling plans in
the Marcellus to lower its future F&D (capex) and achieve its FCF
goals.

Refinancing Partly Addressed: EQT was one of the few natural gas
E&Ps able to take advantage of the brief window opening in in the
bond market at the beginning of the year. In January, EQT issued
$1.0 billion in 6.125% 2025 unsecured notes and $750 million in
2030 7.0% notes, with net proceeds earmarked to redeem outstanding
2020 maturities and a portion of its 2021 4.875% notes. Fitch views
the transaction favorably given the additional breathing room it
provides. However, Fitch notes that the company still has
meaningful maturities over the medium term, including a $1.0
billion term loan and $750 million note due in 2022.

Strong Near-Term Hedge Protection: EQT has strong near-term hedge
protection, with approximately 87% of forecast production hedged in
2020 at a weighted average price of $2.71/dth. However, protections
decline thereafter, with forecast hedge coverage dropping to
approximately 23% in 2021, and further in out years. EQT has a
number of longer-term basis hedges through transportation
contracts, but pays for these through higher G&T charges.

Higher Liquidity Risk: EQT's current liquidity is adequate;
however, lower-for-longer natural gas prices could reduce the
company's liquidity in a number of ways. As stated, weak gas prices
are expected to lower valuations for asset sales, resulting in
either lower proceeds or the need to sell additional assets to
achieve stated targets. In addition, EQT has up to 1.6 billion in
letters of credit (LOCs) that can be called at the discretion of
its pipeline and gathering counterparties, given EQT's
sub-investment grade ratings. These LOCs, if called, have the
potential to consume a material amount of EQT's incremental
revolver capacity. A scenario in which a material amount of LOCs
are called and cannot be satisfied through alternative arrangements
(gas marketer agreements, bi-lateral agreements etc.) could result
in negative rating action.

Leading Size and Acreage: EQT is the largest gas producer in the
U.S. with average daily sales volume of 4.14 Bcfe/d in 3Q19 and
estimated proved reserves of 17.5 Tcfe at YE 2019, significantly
higher than gas-weighted E&P peers. The company has one of the best
land positions in the Marcellus given its extensive contiguous
acreage position (1.2 million net acres in Appalachia, including
660,000 net acres in the core of the Marcellus and 60,000 net acres
in the core of the Ohio Utica). EQT estimates that it has 1,685
core undeveloped drilling locations in the Marcellus and 120
locations in the Ohio Utica, providing 15-20 years of tier 1
inventory without the need for material land acquisition.

Strategic Plan to Drive Results: The new management team led by
Toby Rice remains sharply focused on process overhaul to reduce
leverage and improve FCF. In addition to asset sales and associated
de-leveraging, the main driver of improved FCF is the adoption of a
large scale combination drilling program, which should help lower
total well costs to target levels of $735/foot. Key plan drivers
include long term well scheduling, improved well design, higher
stage completions per day, and procurement and logistics savings.
EQT expects this approach will minimize parent-child well impacts
and improve type curve performance. Fitch expects the company will
achieve meaningful improvements; however, there is considerable
execution risk around magnitude and timing of benefits in an
environment of lower-for-longer natural gas prices.

DERIVATION SUMMARY

With total 3Q19 production of 4.14 BCFE/d (689,887 boepd), EQT is
larger than all other natural gas producer E&P peers in the U.S.,
including Antero Resources (BB-/Negative Outlook, 3.13 BCFE/d),
Range Resources (NR, 2.24 BCFE/d), Southwestern Energy (BB/Negative
Outlook 2.20 BCFE/d), and CNX (BB/Stable 1.39 BCFE/d). EQT's 1p
proved reserve base at YE 2019 was larger than most peers at 17.5
Tcfe. As a dry gas producer, EQT's liquids mix is relatively low at
5% versus liquids-oriented gas producers in the Marcellus such as
AR (32%), RRC (30%), and SWN (22%). EQT's cash netbacks at Sept.
30, 2019 were middle of the pack at $0.48/mcfe, above liquids
oriented names such as AR ($0.33/mcfe), RRC ($0.24/mcfe) and SWN
($0.21/mcfe), but well below peers like CNX ($0.80/mcfe), given
CNX' lower G&T costs. EQT's market access is above average for its
peer group, and was one of the few gas-focused E&Ps able to issue
in 2020. Following this activity, its overall refinancing risk is
meaningful but in line with peers. No parent-subsidiary linkage,
country ceiling constraint, or operating environment influence was
in effect for these ratings.

KEY ASSUMPTIONS

  - Henry Hub prices flat at $2.50/mcf across the forecast;

  - WTI oil price of $57.50 in 2020, and $55 from 2021 onwards;

  - Capex declining to $1.3 billion in 2020, and further to $1.2
billion in 2021 and 2022;

  - EQT cash flows benefit from SG&A cuts, as well as phased
overhaul of the drilling program contained in the strategic plan;

  - Production of just under 4.1 BCF/d in 2019, which stays flat
across the forecast;

  - Total asset sales of approximately $800 million in 2020,
reflecting a more challenging environment created by weak natural
gas prices;

  - Existing hedge positions incorporated into forecast, with
strong 2020 coverage (87% at $2.71/Dth) tailing off sharply in 2021
to approximately 23%.

RATING SENSITIVITIES

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

  - Sustained improvement in gas market fundamentals, leading to
improved company price realizations and margins;

  - Mid-cycle debt/EBITDA below 2.5x on a sustained basis;

  - Mid-cycle FFO-Adjusted leverage below 2.9x on a sustained
basis;

  - Increased size, scale, or diversification with continued
credit-neutral funding policies.

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

  - Failure to achieve asset sales by the end of June which would
be used to de-risk pending maturities, including the term loan
which goes current later this year;

  - Material reduction in liquidity from either direct revolver
borrowings, or LOCs that can't be satisfied using alternative
means.

  - Sustained erosion in natural gas fundamentals, leading to
weaker price realizations and margins and the need for additional
adjustments on the company's part;

  - Mid-cycle debt/EBITDA above 3.0x on a sustained basis;

  - Mid-cycle FFO adjusted leverage above 3.4x on a sustained
basis.

LIQUIDITY AND DEBT STRUCTURE

Adequate Current Liquidity: At Sept. 30, 2019, EQT's liquidity was
adequate and was comprised of cash on hand of $7.5 million, and
availability of approximately $2.34 billion on the company's $2.5
billion senior unsecured revolver after deducting borrowings of
$161 million. That facility is due July 2022 and has a one-time
expansion option up to $3.0 billion, subject to lenders' approval.
The only financial covenant on EQT's revolver is a maximum
debt-to-capitalization ratio of 65% which has a carve-out for the
effects other comprehensive income (OCI).

SUMMARY OF FINANCIAL ADJUSTMENTS

Fitch has made no material adjustments that are not disclosed
within the company's public filings.

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.


ERACE INC: Seeks to Hire Seese P.A. as Counsel
----------------------------------------------
Erace, Inc., seeks authority from the U.S. Bankruptcy Court for the
Southern District of Florida to employ Seese, P.A., as counsel to
the Debtor.

Erace, Inc. requires Seese, P.A., to:

   (a) advise the Debtor generally regarding matters of
       bankruptcy law in connection with this Case;

   (b) advise the Debtor of the requirements of the Bankruptcy
       Code, the Federal Rules of Bankruptcy Procedure,
       applicable bankruptcy rules, including local rules,
       pertaining to the administration of the Case and U.S.
       Trustee Guidelines related to the daily operation of its
       business and administration of this estate;

   (c) prepare motions, applications, answers, proposed orders,
       reports and any other papers necessary in connection with
       the administration of the estate;

   (d) negotiate with creditors, prepare and seek confirmation of
       a plan of reorganization and related documents, and assist
       the Debtor with implementation of any plan;

   (e) assist the Debtor in the analysis, negotiation and
       disposition of estate assets for the benefit of the estate
       and its creditors;

   (f) review executory contracts and unexpired leases;

   (g) negotiate and document any debtor-in-possession financing
       and exit financing;

   (h) advise the Debtor regarding general corporate matters and
       litigation issues; and

   (i) render such other advice and services as the Debtor may
       require.

Seese, P.A. will be paid at the hourly rate of $515. The Firm will
be paid a retainer in the amount of $13,500. It will also be
reimbursed for reasonable out-of-pocket expenses incurred.

Michael D. Seese, partner of Seese, P.A., assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Seese, P.A. can be reached at:

     Michael D. Seese, Esq.
     SEESE, P.A.
     101 N.E. 3 rd Avenue, Suite 1270
     Ft. Lauderdale, FL 33301
     Tel: (954) 745-5897
     E-mail: mseese@seeselaw.com

                       About Erace Inc.

Erace, Inc., filed a Chapter 11 bankruptcy petition (Bankr. S.D.
Fla. Case No. 20-11459) on Feb. 1, 2020, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Michael D. Seese, Esq., of Seese, P.A.


EXTRACTION OIL: Fitch Lowers LT IDR to B & Alters Outlook to Neg.
-----------------------------------------------------------------
Fitch Ratings downgraded the Long-Term Issuer Default Rating of
Extraction Oil & Gas, Inc. (XOG) to 'B' from 'B+'. The Rating
Outlook is revised to Negative from Stable. Fitch also downgraded
Extraction's secured revolver to 'BB'/'RR1' from 'BB+'/'RR1'and the
unsecured notes to 'B'/'RR4' from 'BB'/'RR2'.

The downgrade reflects weaker operating results, forecasted limited
FCF, and higher leverage metrics. In addition, Extraction faces
heightened refinancing and liquidity risks given the lack of
accessibility to the capital markets.

The Negative Outlook reflects Fitch's concerns of addressing the
preferred stock maturity and reducing revolver borrowings without
complicating the capital structure. Fitch would look for Extraction
to resolve the preferred maturity within the next six months before
it becomes current as the revolver maturity accelerates to April
15, 2021 if the preferred is not addressed before then. In
addition, Fitch would want to see a reduction in liquidity risk
over the next 12months through an extension of the revolver
maturity and generation of and expectation for positive FCF. Any
reductions in liquidity could also lead to a negative ratings
action. Addressing the preferred and increasing liquidity without
complicating the capital structure could lead to a removal of the
Negative Outlook.

The ratings reflect the company's highly economic wells and
substantial inventory in the Denver-Julesburg (DJ) Basin, solid
production growth, ownership of Elevation Midstream, and a
favorable hedging policy that protects the downside risk before
money is spent on completion activities and locks in returns. This
is offset by the weaker than expected results in 2019 that led to
higher leverage metrics, the need to meet a 2021 preferred stock
maturity and reduce revolver borrowings without complicating the
balance sheet, limited FCF generation, Colorado regulatory
challenges, and the current lack of access to capital markets.

KEY RATING DRIVERS

Increasing Refinancing Risk: Extraction has a $185 million
preferred stock issuance that matures on Oct. 15, 2021, although
the maturity of the revolver is accelerated to April 15, 2021 if
the preferred is not converted to equity, redeemed prior to that
date, or the maturity of the preferred is not extended to at least
February 2023. Fitch believes Extraction is unlikely to generate
sufficient FCF to retire the preferred stock. Other options include
asset sales, monetizing the Elevation midstream subsidiary,
utilizing the revolver, amending and extending the preferred stock
maturity, or getting the acceleration on the revolver waived. Even
if the preferred stock maturity is resolved, the company has a
large revolver balance that is due August 2022. Fitch does not
expect the company to generate sufficient FCF to repay the debt by
that time and may be challenged to extend the maturity given that
the senior unsecured notes are due in 2024 and 2026.

Move to Positive FCF: Extraction's FCF deficit in 2019 was greater
than Fitch's expectations, resulting in higher borrowings on its
revolver. Fitch expects FCF (based on Fitch's definition) to be
neutral to slightly negative in 2020 and increasing to neutral to
slightly positive in 2021. The inability to generate positive FCF
increases the risk of lower bank commitments, extension of the
revolver, and, ultimately, addressing the senior unsecured bond
issues. The expectation of further FCF deficits could result in a
negative rating action.

Gas Production Mix Increasing: Natural gas production as a
percentage of total production is expected to increase in 2020 at
the same time that natural gas prices are at historical lows. In
3Q19, natural gas production was 33% of total production versus 28%
YE 2018, while the company's netbacks declined to $15.8 from $23.6.
Fitch will continue to monitor the effects of a combination of
increasing gas production mix during a low pricing environment on
liquidity and credit metrics.

Colorado Regulatory Risk: Senate Bill 19-181 was signed into law on
April 16, 2019, triggering 12+ rulemakings at the Colorado Oil and
Gas Conservation Commission (COGCC). Fitch believes near-to-medium
term operational risks are moderated under the new regulatory
environment but the regulatory environment may impede capital
market access as the company's maturities come due in 2021.

Approximately 37% of Extraction's core acreage is in Weld County,
which has a favorable view of oil and gas drilling and generates
approximately 90% of total oil produced in Colorado. However, 32%
of the company's acreage is in Adams County and 22% is in Arapahoe,
which are less favorable and are adopting more stringent
regulations. While Extraction has entered into operating agreements
in both counties and have approximately 100 approved core permits
in both counties, future drilling opportunities could be limited in
these counties.

Single-Basin Asset: Extraction has a large position of 179,300 net
acres in the DJ Basin as of Dec. 31, 2018. As of Dec. 31, 2018, the
company has identified 4,175 net mile long drilling locations in
its core acreage in the Niobrara A, B, C and Codell formations. The
reserve/production ratio implies 11.6 years of inventory based on
current production levels. Management is focusing on its western
Wattenberg acreage, given it has a higher oil cut. Fitch considers
the DJ Basin as one of the more attractive oil-play basins in the
U.S. Lower 48 states in terms of well economics. The addition of
two natural gas processing plants and pipeline infrastructure will
also be beneficial to operators in the basin.

Growing Production Profile: Extraction has exhibited very strong
production growth, with 2018 production increasing 47% and 2019
production expected to increase 13%. Extraction's production can be
somewhat lumpy because of its well pad drilling and completions
techniques. The company chooses to drill all the wells on a pad,
frac them and then let the wells flow at the same time. This allows
for greater rig mobilization efficiencies and less well
interference when completing the wells.

Improved Gas Processing Capacity: The DJ basin has significant
crude oil and natural gas pipeline takeaway capacity, but gas
processing has been an issue. The Badger Central Gathering Facility
that came online in late 3Q19 should provide greater operating
efficiency and lower operating cost. Extraction has reduced its
reliance on gas production to DCP Midstream and has diversified to
other operators, such as Rocky Mountain Midstream, Western Gas, and
Rimrock. While this may increase the cost per unit of firm
transportation costs, it also reduces the risks of unexpected
downtime.

Stock Repurchase Program: Extraction had a share repurchase
authorization of up to $163 million that expired on Dec. 31. 2019,
and was fully utilized. The repurchase, combined with lower than
expected FCF, led to weaker credit metrics. Fitch does not
anticipate any further material stock repurchases.

Rolling, 18-Month Hedging Program: Extraction typically hedges
50%-70% of its next 18 months of production. Fitch estimates
approximately 84% of 2020 oil production is and 47% of natural gas
production is hedged. Management's strategy is to use swaps in the
near-term months and calls in the outer months to preserve some
upside in potential higher prices.

DERIVATION SUMMARY

Extraction's production of 80.3mmboe/d as of Sept. 30, 2019 is in
line with other 'B' operators such as Magnolia Oil & Gas (B/Stable;
71.3mmboe/d), but is lower than SM Energy Company (B+/Stable;
135mmboe/d), and Comstock Resources, Inc. (B/Stable; 182.6mmboe/d).
Extraction's closest peer rated by Fitch is Great Western
Petroleum, LLC (B-/Rating Watch Negative), a pure-play operator in
the DJ Basin. Great Western is slightly smaller in terms of
production (54 mboe/d) and acreage (60,000 net acres at the end of
2018). As DJ single-basin operators, both companies are
significantly exposed to Colorado regulatory risk. Extraction's
netback of $15.8 is in line with other single-'B' operators such as
SM Energy ($15.3) and Lonestar (B-/Stable: $15.4), but lower than
Magnolia ($26.9), which has a higher oil cut.

Extraction's credit metrics, including debt/flowing barrel of
$22,850 and debt/1P of $5.3, is slightly higher than other
single-'B' companies such as SM ($20,613 and $5.5), Magnolia
($5,611 and $4.0), and Comstock ($11,426 and $4.5).

Extraction's rating is also reflective of the need to address
near-term maturities, while capital markets are essentially closed
for most single-'B' E&P issuers.

KEY ASSUMPTIONS

  -- WTI crude price of $57.50/barrel in 2020 and a long-term price
of $55.00/barrel;

  -- Henry Hub natural gas price of $2.50/mcf in 2020 and long
term;

  -- Production increases by 10% in 2020 and 4% in 2021.

  -- Capex of $545 million in 2020 and $475 million in 2020 and
2021;

  -- No material acquisitions, divestitures or stock repurchases.

RATING SENSITIVITIES

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

  -- Resolving the preferred stock maturity within the next six
months and reducing liquidity risk within the next 12 months
through extending the revolver maturity and generating positive
FCF;

  -- Sustained reduction in regulatory risk;

  -- Maintenance of debt/EBITDA below 3.0x and debt/flowing barrel
below $20,000;

  -- Mid-cycle lease-adjusted FFO gross leverage less than 3.0x.

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

  -- Inability to resolve preferred stock maturity;

  -- Reduction in liquidity;

  -- Mid-cycle debt/EBITDA above 3.5x;

  -- Mid-cycle lease-adjusted FFO gross leverage greater than
3.5x.
  
LIQUIDITY AND DEBT STRUCTURE

Evolving Liquidity Profile: Extraction had cash on hand of $58
million, of which $50 million was held at the Elevation subsidiary
and unavailable to Extraction stand-alone, and approximately $400
million of availability under its revolver as of Sept. 30, 2019.
The revolver has a borrowing base and commitments were $950
million. Fitch expects any FCF generated by Extraction will
primarily be used to reduce the revolver in the near term. The
company's preferred stock matures in October 2021, but the revolver
accelerates to April 15, 2021 if the preferred stock is not
converted into equity, redeemed or the maturity is not extended to
six months after the revolver maturity of Aug. 16, 2022.

Under its amended credit agreement, Extraction is allowed to
repurchase its senior unsecured bonds as long as the net leverage
ratio is not greater than 2.75x. As of September 2019, the company
has repurchased notes with a nominal value of $49.8 million for
$39.3 million.

The recovery analysis assumes that Extraction would be reorganized
as a going-concern in bankruptcy rather than liquidated.

Fitch has assumed a 10% administrative claim.

Going-Concern (GC) Approach

Extraction's GC EBITDA assumption reflects Fitch's projections
under a stressed case price deck, which assumes WTI oil and Henry
Hub natural gas prices of USD$50 and USD$2.10 in 2020, USD$42.50
and USD$1.85 in 2021, USD$45 and USD$2.10 in 2022, and USD$47.50
and USD$2.35 long term, respectively. Fitch also adjusts for
reduced production from its base case to reflect reductions in
capex under a stressed pricing environment.

The GC EBITDA estimate reflects Fitch's view of a sustainable,
post-reorganization EBITDA level upon which Fitch bases the
enterprise valuation. The GC EBITDA uses 2022 EBITDA, which
reflects the decline from current pricing levels to stressed levels
and then a partial recovery coming out of a troughed pricing
environment.

An EV multiple of 3.75x EBITDA is applied to the GC EBITDA to
calculate a post-reorganization enterprise value. The choice of
this multiple considered the following factors:

The historical bankruptcy case study exit multiples for peer
companies ranged from 2.8x-7.0x, with an average of 5.6x and a
median of 6.1x. Extraction's multiple reflects its exposure to
regulatory risks.

Fitch's going-concern assumptions lead to a valuation of $1.466
billion, a decrease from the previous year due to the regulatory
overhang and lower oil and natural gas price assumptions in the
stressed case price deck.

Liquidation Approach

Fitch used transactional and asset based valuations, such as recent
transactions for the DJ Basin on a $/acre, $drilling location,
$/flowing barrel and $/1P estimates to determine a reasonable sales
price for the company's assets.

Fitch used PDC Energy Inc.'s acquisition of SRC Energy, Inc. in
August 2019 as the key comp. Fitch notes that SRC's acreage
position is slightly south and east of the company's Weld county
position which has different valuation impacts than the company's
Adams county core, which is in the volatile oil window.

Fitch's liquidation value was $1.424 billion.

The $950 million revolving credit facility was assumed to be 90%
drawn to reflect the potential for a redetermination leading to a
lower borrowing base.

The allocation of value in the liability waterfall results in
recovery corresponding to 'RR1' recovery for the first lien
revolver and a recovery corresponding to 'RR4' for the senior
unsecured guaranteed notes.

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.

Extraction has an ESG Relevance Score of 4 for Exposure to Social
Impacts, due to heightened regulatory pressure for Colorado Oil &
Gas operators, which may have a longer-term impact on costs and
inventory. Fitch believes this has a negative impact on the credit
profile and is relevant to the rating in conjunction with other
factors.


FENER LLC: Court Grants Interim Cash Collateral Access Thru Feb. 28
-------------------------------------------------------------------
Judge Robert A. Gordon authorized Fener, LLC and Kuru, Inc., to use
cash collateral on an interim basis during the period from January
20, 2020 through February 28, 2020 pursuant to the budget,
following Fulton Bank, N.A.'s consent for the Debtors to access
cash collateral.

Fener, LLC will make adequate protection payments to Fulton Bank in
the amount of $7,500, without prejudice to the parties' right to
seek different or other adequate protection.  Fulton Bank is
entitled to a replacement lien in and to all post-petition assets
of the Debtors to the extent the Debtors' use of the cash
collateral results in a diminution of the value of the cash
collateral.

A copy of the consent order is available for free at
https://is.gd/mg3Xwy from PacerMonitor.com.

                  About Fener LLC and Kuru Inc.

Fener, LLC, is a Maryland limited liability company with its
principal place of business in Baltimore City.  It owns the real
property and improvements located at 801 S. Broadway, Baltimore,
Md.  

Kuru, Inc., operates Jimmy's Restaurant of Fells Point from the
property.

Fener, LLC and Kuru, Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Md. Lead Case No. 20-10720) on Jan.
20, 2020.

At the time of the filing, Fener, LLC, disclosed assets of between
$1 million and $10 million and liabilities of the same range.
Kuru, Inc. had estimated assets of between $50,000 and $100,000 and
liabilities of between $1 million and $10 million.

The Debtors tapped McNamee, Hosea, Jernigan, Kim, Greenan & Lynch,
P.A. as their legal counsel.


FRONTIER COMMUNICATIONS: Vanguard Has 5.8% Stake as of Dec. 31
--------------------------------------------------------------
The Vanguard Group disclosed in an amended Schedule 13G filed with
the Securities and Exchange Commission that as of Dec. 31, 2019, it
beneficially owns 6,141,355 shares of common stock of Frontier
Communications Corp, which represents 5.82 percent of the shares
outstanding.  A full-text copy of the regulatory filing is
available for free at:

                       https://is.gd/kBZyZu

                  About Frontier Communications

Headquartered in Norwalk, Connecticut, Frontier Communications
Corporation (NASDAQ: FTR) -- http://www.frontier.com/-- is a
provider of communications services to urban, suburban, and rural
communities in 29 states.  Frontier offers a variety of services to
residential customers over its fiber-optic and copper networks,
including video, high-speed internet, advanced voice, and Frontier
Secure digital protection solutions. Frontier Business offers
communications solutions to small, medium, and enterprise
businesses.

The Company incurred net losses of $643 million in 2018, $1.80
billion in 2017, and $373 million in 2016.  As of Sept. 30, 2019,
Frontier had $17.56 billion in total assets, $2.74 billion in total
current liabilities, $580 million in deferred income taxes, $1.64
billion in pension and other post-retirement benefits, $398 million
in other liabilities, $16.30 billion in long-term debt, and a total
deficit of $4.10 billion.

                          *    *    *

As reported by the TCR on Aug. 14, 2019, Moody's Investors Service
downgraded the corporate family rating of Frontier Communications
Corporation to Caa2 from Caa1 and the probability of default rating
to Caa3-PD from Caa1-PD.  The downgrade of the CFR reflects an
updated assessment of the company's probability of default and
recovery expectations following weak second quarter 2019 revenue
and EBITDA results, continued negative net customer addition trends
and reduced expectations regarding cost efficiency programs going
forward.

As reported by the TCR on Jan. 27, 2020, Fitch Ratings downgraded
the Issuer Default Rating of Frontier Communications Corporation
and its subsidiaries to 'CC' from 'CCC'.  The downgrade of Frontier
and its subsidiaries IDRs to 'CC' reflects a default of some kind
appears probable.

As reported by the TCR on Nov. 20, 2019, S&P Global Ratings lowered
the issuer credit rating and issue-level rating on the senior
unsecured debt on U.S.-based telecommunications service provider
Frontier Communications Corp. to 'CCC-' from 'CCC' based on a
higher risk of default following its decision to deplete the
availability under its revolving credit facility.


GAC VENTURES: Seeks to Hire Accounting Concepts as Counsel
----------------------------------------------------------
GAC Ventures, LLC, seeks authority from the U.S. Bankruptcy Court
for the Northern District of Illinois to employ Accounting
Concepts, Inc., as accountant to the Debtor.

GAC Ventures requires Accounting Concepts to assist the Debtor in
preparing the tax returns.

Accounting Concepts will be paid $775 for the preparation of the
2019 income tax returns.

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

Gina R. Sherman, a partner at Accounting Concepts, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Accounting Concepts can be reached at:

     Gina R. Sherman
     ACCOUNTING CONCEPTS, INC.
     18211 Nielsen Drive
     Tinley Park, IL 60487
     Tel: (708) 429-9281
     Fax: (708) 802-9291

                       About GAC Ventures

Based in Tinley Park, Ill., GAC Ventures, LLC, filed a voluntary
application for relief under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Ill. Case No. 19-34020) on Dec. 2, 2019, listing under
$1 million in both assets and liabilities.  Judge Lashonda A. Hunt
oversees the case.  Cohen & Krol is the Debtor's legal counsel.


GENCANNA GLOBAL: STBM Represents Whayne Supply, Thermal Equipment
-----------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Sturgill, Turner, Barker & Moloney, PLLC provided
notice that it is representing Whayne Supply Company, and Thermal
Equipment Sales, Inc. in the Chapter 11 cases of GenCanna Global
USA, Inc., et al.

Kevin Henry, Sarah Charles Wright and STBM have been retained as
legal counsel by Whayne Supply Company, P.O. Box 35900, Louisville,
Kentucky 40232, to represent its interests in all proceedings in
this bankruptcy matter. The Debtor, GenCanna Global USA, Inc., owes
Whayne Supply Company for past rent due on six leases of equipment
owned by Whayne which the Debtor rented for use at its Winchester,
KY plant in the ordinary course of its business. Kevin Henry, Sarah
Charles Wright and STBM will represent Whayne Supply Company in
these proceedings under STBM's normal terms of engagement and
hourly rates.

Kevin G. Henry, Sarah Charles Wright and STBM have been retained by
Thermal Equipment Sales, Inc., 680 Bizzell Dr., Lexington, KY
40510, to represent its interests in all proceedings in this
bankruptcy matter. Thermal Equipment Sales, Inc. is a creditor of
the Debtor, GenCanna Global USA, Inc., with respect to labor and
materials supplied to the Debtor's construction project in Graves
County, Kentucky for which Thermal Equipment Sales, Inc., holds a
timely perfected statutory lien against property of the estate.
Kevin G. Henry, Sarah Charles Wright and STBM will represent
Thermal Equipment Sales, Inc. in these proceedings under STBM's
normal terms of engagement and hourly rates.

STBM, Kevin Henry, and Sarah Charles Wright are authorized to act
on behalf of Whayne Supply Company, as its legal representative,
and on behalf of Thermal Equipment Sales, Inc. as its legal
representative, and not through any legal instrument with respect
to any of these three creditors.

Whayne Supply Company and Thermal Equipment Sales, Inc., are not
publicly traded companies, and neither STBM, Kevin Henry or Sarah
Charles Wright own any interest in any of them, or in their
respective rights and claims against the Debtors in this Chapter 11
proceeding.

Counsel for Whayne Supply Company and Thermal Equipment Sales, Inc.
can be reached at:

          STURGILL, TURNER, BARKER & MOLONEY, PLLC
          Kevin G. Henry, Esq.
          Sarah Charles Wright, Esq.
          333 West Vine Street, Ste. 1500
          Lexington, KY 40507
          Telephone: (859) 255-8581
          Facsimile: (859) 231-0851
          E-mail: khenry@sturgillturner.com
                  swright@sturgillturner.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/o4hoHv

                    About GenCanna Global USA

GenCanna Global USA, Inc. -- https://gencanna.com/ -- is a
vertically-integrated producer of hemp and hemp-derived CBD
products with a focus on delivering social, economic, and
environmental impact through seed-to-scale agricultural
production.

GenCanna Global USA was the subject of an involuntary Chapter 11
proceeding (Bankr. E.D. Ky. Case No. 20-50133-GRS) filed on Jan.
24, 2020.  The involuntary petition was signed by alleged creditors
Pinnacle, Inc., Crawford Sales, Inc., and Integrity/Architecture,
PLLC.  

On Feb., 6, 2020, GenCanna Global USA, Inc., consented to the
involuntary petition and on Feb. 5, 2020 two debtor affiliates,
GenCanna Global, Inc. and Hemp Kentucky, LLC filed their own
voluntary chapter 11 petitions under the Bankruptcy Code

Laura Day DelCotto, Esq., at DELCOTTO LAW GROUP PLLC, is
representing the petitioners.

The Debtors tapped Huron Consulting Services LLC is as operational
advisor, Jefferies LLC as financial advisor, and Benesch
Friedlander Coplan & Aronoff LLP along with Dentons Bingham
Greenebaum LLP as the Company's legal counsel in connection with
the Chapter 11 case.  Epig is the claims agent, maintaining the
page https://dm.epiq11.com/GenCanna


GENOCEA BIOSCIENCES: BVF Partners Reports 6.5% Stake as of Dec. 31
------------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, these entities reported beneficial ownership of shares
of common stock of Genocea Biosciences, Inc. as of Dec. 31, 2019:

                                            Shares     Percent
                                        Beneficially     of
    Reporting Person                        Owned       Class
    ----------------                    ------------   -------
Biotechnology Value Fund, L.P.           1,532,957       3.2%
BVF I GP LLC                             1,532,957       3.2%
Biotechnology Value Fund II, L.P.        1,269,708       2.7%
BVF II GP LLC                            1,269,708       2.7%
Biotechnology Value Trading Fund OS LP     223,061   Less Than 1%
BVF Partners OS Ltd.                       223,061   Less Than 1%
BVF GP HOLDINGS LLC                      2,802,665       5.8%
BVF Partners L.P.                        3,161,668       6.5%
BVF Inc.                                 3,161,668       6.5%
Mark N. Lampert                          3,161,668       6.5%

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

                     https://is.gd/YnX0UD

                   About Genocea Biosciences

Headquartered in Cambridge, Massachusetts, Genocea --
http://www.genocea.com-- is a biopharmaceutical company developing
personalized cancer immunotherapies.  The Company uses its
proprietary discovery platform, ATLAS, to profile CD4+ and
CD8+T cell (or cellular) immune responses to tumor antigens.

Genocea reported a net loss of $38.95 million for the year ended
Dec. 31, 2019, compared to a net loss of $27.81 million for the
year ended Dec. 31, 2018.

Ernst & Young LLP, in Boston, Massachusetts, the Company's auditor
since 2009, issued a "going concern" qualification in its report
dated Feb. 13, 2020 citing that the Company has suffered recurring
losses from operations, has a working capital deficiency, and has
stated that substantial doubt exists about the Company's ability to
continue as a going concern.


GENOCEA BIOSCIENCES: GlaxoSmithKline Has 7.7% Stake as of Dec. 31
-----------------------------------------------------------------
GlaxoSmithKline plc disclosed in an amended Schedule 13G filed with
the Securities and Exchange Commission that as of Dec. 31, 2019, it
beneficially owns 3,676,767 shares of common stock of Genocea
Biosciences, Inc., which represents 7.7 percent of the shares
outstanding.  The percentage is based upon (i) 47,336,130 shares of
the Common Stock outstanding as of Nov. 8, 2019, upon the closing
of the Issuer's offering, as reported in the Issuer's prospectus
supplement dated November 8 filed with the SEC on Nov. 8, 2019
pursuant to Rule 424(b)(5) of the Securities Act of 1933, as
amended and (ii) 310,883 shares of Common Stock issuable upon
exercise of the Warrants.  A full-text copy of the regulatory
filing is available for free at:

                        https://is.gd/03AWVB

                     About Genocea Biosciences

Headquartered in Cambridge, Massachusetts, Genocea --
http://www.genocea.com/-- is a biopharmaceutical company
developing personalized cancer immunotherapies.  The Company uses
its proprietary discovery platform, ATLAS, to profile CD4+ and
CD8+T cell (or cellular) immune responses to tumor antigens.

Genocea reported a net loss of $38.95 million for the year ended
Dec. 31, 2019, compared to a net loss of $27.81 million for the
year ended Dec. 31, 2018.

Ernst & Young LLP, in Boston, Massachusetts, the Company's auditor
since 2009, issued a "going concern" qualification in its report
dated Feb. 13, 2020 citing that the Company has suffered recurring
losses from operations, has a working capital deficiency, and has
stated that substantial doubt exists about the Company's ability to
continue as a going concern.


GENOCEA BIOSCIENCES: Vivo Opportunity Has 3% Stake as of Dec. 31
----------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Vivo Opportunity, LLC disclosed that as of Dec. 31,
2019, it beneficially owns 1,443,838 shares of common stock of
Genocea Biosciences, Inc., which represents 3 percent of the shares
outstanding.  The percentage was based on (a) up to 47,336,130
shares of common stock of the Issuer, as disclosed in the
prospectus supplement filed by the Issuer on Nov. 8, 2019 with the
SEC pursuant to Rule 424(b)(5), which forms part of the Issuer's
Registration Statement on Form S-3 (File No. 333-225086), (b)
204,000 shares of common stock issuable upon conversion of 204
shares of the issuer's Series A convertible preferred stock, and
(c) 613,437 shares of common stock issuable upon exercise of
1,226,875 Class A warrants.  A full-text copy of the regulatory
filing is available for free at:

                      https://is.gd/64gc9R

                   About Genocea Biosciences

Headquartered in Cambridge, Massachusetts, Genocea --
http://www.genocea.com/-- is a biopharmaceutical company
developing personalized cancer immunotherapies.  The Company uses
its proprietary discovery platform, ATLAS, to profile CD4+ and
CD8+T cell (or cellular) immune responses to tumor antigens.

Genocea reported a net loss of $38.95 million for the year ended
Dec. 31, 2019, compared to a net loss of $27.81 million for the
year ended Dec. 31, 2018.

Ernst & Young LLP, in Boston, Massachusetts, the Company's auditor
since 2009, issued a "going concern" qualification in its report
dated Feb. 13, 2020 citing that the Company has suffered recurring
losses from operations, has a working capital deficiency, and has
stated that substantial doubt exists about the Company's ability to
continue as a going concern.


GIGA-TRONICS INC: Laurence Lytton Has 9.9% Stake as of Dec. 31
--------------------------------------------------------------
Laurence W. Lytton disclosed in an amended Schedule 13G filed with
the Securities and Exchange Commission that as of Dec. 31, 2019, it
beneficially owns 245,800 shares of common stock of Giga-Tronics
Incorporated, which represents 9.9% (based on 2,476,900 shares of
the Company's Common Stock outstanding as of Jan. 28, 2020 as
described in the Giga Tronics 10-Q filed Feb. 6, 2020).  A
full-text copy of the regulatory filing is available for free at:

                      https://is.gd/wCitZy

                       About Giga-Tronics

Headquartered in Dublin, California, Giga-Tronics Incorporated
produces RADAR filters and Microwave Integrated Components for use
in military defense applications as well as sophisticated RADAR and
Electronic Warfare (RADAR/EW) test products primarily used in
electronic warfare test & emulation applications.

Giga-Tronics reported a net loss of $1.04 million for the year
ended March 30, 2019, a net loss of $3.10 million for the year
ended March 31, 2018, and a net loss of $1.54 million for the year
ended March 25, 2017.  As of Dec. 28, 2019, the Company had $9.18
million in total assets, $4.80 million in total liabilities, and
$4.38 million in total shareholders' equity.


GLASS CONTRACTORS: Court Grants Final OK to Use Cash Collateral
---------------------------------------------------------------
Judge Brenda T. Rhoades authorized Glass Contractors, Inc., to use
cash collateral on a final basis.
  
Pursuant to the final order:

   (a) all cash collateral received by or on behalf of Debtor will
be deposited into the DIP account and be accounted for in the
filing of its monthly operating reports,

   (b) the mere use of cash collateral will not cause or create any
administrative or priority claims,

   (c) the Court grants secured creditor Retail Capital, LLC a
replacement security lien on all of Debtor's personal property as
adequate protection of the secured creditor's interest in the cash
collateral pursuant to Sections 361 and 363(e) of the Bankruptcy
Code.

A copy of the final order is available free of charge at
https://is.gd/B9qIZP from PacerMonitor.com.

Prior to entry of the final order, the Debtor has obtained interim
approval to use cash collateral, and the secured creditor
accordingly, has been granted replacement security liens on all
personal property of the Debtor as adequate protection of its
interest pursuant to Sections 361 and 363(e) of the Bankruptcy Code
to the extent of any diminution in value from the use of the
collateral.   

A copy of the interim order is available free of charge at
https://is.gd/ltXHWb from PacerMonitor.com.

                   About Glass Contractors

Glass Contractors, Inc., sought Chapter 11 protection (Bankr. E.D.
Tex. Case No. 20-40185) on Jan. 21, 2020.  Demarco Mitchell, PLLC,
is the Debtor's counsel.


GLOBAL EAGLE: Abrams Capital No Longer Owns Common Shares
---------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, these entities and individual reported that as of Dec.
31, 2019, they ceased to beneficially own shares of common stock of
Global Eagle Entertainment Inc.:

   * Abrams Capital Partners II, L.P.
   * Abrams Capital, LLC
   * Abrams Capital Management, LLC
   * Abrams Capital Management, L.P.
   * David Abrams

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

                        https://is.gd/OxdHY7

                       About Global Eagle

Headquartered in Los Angeles, California, Global Eagle --
http://www.GlobalEagle.com/-- is a provider of media, content,
connectivity and data analytics to markets across air, sea and
land.  Global Eagle offers a fully integrated suite of rich media
content and seamless connectivity solutions to airlines, cruise
lines, commercial ships, high-end yachts, ferries and land
locations worldwide.  The Company has approximately 1,100 employees
and 35 offices on six continents.

Global Eagle incurred a net loss of $236.60 million for the year
ended Dec. 31, 2018, compared to a net loss of $357.11 million for
the year ended Dec. 31, 2017.  As of Sept. 30, 2019, the Company
had $683.41 million in total assets, $1.02 billion in total
liabilities, and a total stockholders' deficit of $340.34 million.

                         *     *      *

As reported by the TCR on July 29, 2019, S&P Global Ratings
affirmed all ratings on Global Eagle Entertainment Inc., including
its issuer credit rating of 'CCC', and revised the outlook to
developing to reflect greater flexibility to allow management to
execute on its growth initiatives.  The outlook change reflects a
significantly improved liquidity profile following the recent
incremental term loan and credit agreement amendment, which buys
the company more time to execute on its growth plan.


GLOBAL EAGLE: Frontier Capital Has 5.1% Stake as of Dec. 31
-----------------------------------------------------------
Frontier Capital Management Co., LLC, disclosed in an amended
Schedule 13G filed with the Securities and Exchange Commission that
as of Dec. 31, 2019, it beneficially owns 4,701,250 shares of
common stock of Global Eagle Entertainment Inc., which represents
5.1 percent of the shares outstanding.  A full-text copy of the
regulatory filing is available for free at:

                       https://is.gd/QnBkFM

                        About Global Eagle

Headquartered in Los Angeles, California, Global Eagle --
http://www.GlobalEagle.com/-- is a provider of media, content,
connectivity and data analytics to markets across air, sea and
land.  Global Eagle offers a fully integrated suite of rich media
content and seamless connectivity solutions to airlines, cruise
lines, commercial ships, high-end yachts, ferries and land
locations worldwide.  The Company has approximately 1,100 employees
and 35 offices on six continents.

Global Eagle incurred a net loss of $236.60 million for the year
ended Dec. 31, 2018, compared to a net loss of $357.11 million for
the year ended Dec. 31, 2017.  As of Sept. 30, 2019, the Company
had $683.41 million in total assets, $1.02 billion in total
liabilities, and a total stockholders' deficit of $340.34 million.

                         *     *     *

As reported by the TCR on July 29, 2019, S&P Global Ratings
affirmed all ratings on Global Eagle Entertainment Inc., including
its issuer credit rating of 'CCC', and revised the outlook to
developing to reflect greater flexibility to allow management to
execute on its growth initiatives.  The outlook change reflects a
significantly improved liquidity profile following the recent
incremental term loan and credit agreement amendment, which buys
the company more time to execute on its growth plan.


GLOBAL EAGLE: Nantahala Capital Has 31.3% Stake as of Dec. 31
-------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Nantahala Capital Management, LLC, Wilmot B. Harkey,
and Dan Mack disclosed that as of Dec. 31, 2019, they beneficially
own 29,031,542 shares of common stock of Global Eagle Entertainment
Inc., which represents 31.3 percent of the shares outstanding
(based upon information provided by the Issuer on Form 10-Q filed
Nov. 8, 2019, there were 92,860,448 Shares outstanding as of Oct.
31, 2019).  A full-text copy of the regulatory filing is available
for free at:

                       https://is.gd/Cw45CF

                        About Global Eagle

Headquartered in Los Angeles, California, Global Eagle --
http://www.GlobalEagle.com/-- is a provider of media, content,
connectivity and data analytics to markets across air, sea and
land.  Global Eagle offers a fully integrated suite of rich media
content and seamless connectivity solutions to airlines, cruise
lines, commercial ships, high-end yachts, ferries and land
locations worldwide.  The Company has approximately 1,100 employees
and 35 offices on six continents.

Global Eagle incurred a net loss of $236.6 million for the year
ended Dec. 31, 2018, compared to a net loss of $357.1 million for
the year ended Dec. 31, 2017.  As of Sept. 30, 2019, the Company
had $683.4 million in total assets, $1.02 billion in total
liabilities, and a total stockholders' deficit of $340.3 million.

                         *     *      *

As reported by the TCR on July 29, 2019, S&P Global Ratings
affirmed all ratings on Global Eagle Entertainment Inc., including
its issuer credit rating of 'CCC', and revised the outlook to
developing to reflect greater flexibility to allow management to
execute on its growth initiatives.  The outlook change reflects a
significantly improved liquidity profile following the recent
incremental term loan and credit agreement amendment, which buys
the company more time to execute on its growth plan.


GONZALEZ & COLON: March 26 Hearing on Disclosure Statement
----------------------------------------------------------
Judge Edward A. Godoy has ordered that a hearing on approval of
disclosure statement filed by Gonzalez & Colon Investment Group
Inc. is scheduled for March 26, 2020 at 9:30 a.m. at the United
States Bankruptcy Court, Southwestern Divisional Office, MCS
Building, Second Floor, 880 Tito Castro Avenue, Ponce, Puerto
Rico.

Objections to the form and content of the disclosure statement must
be in filed and served not less than 14 days prior to the hearing.

As reported in the Troubled Company Reporter, Gonzalez & Colon
Investment Group Inc. filed a plan of reorganization.  The source
of payments under the proposed plan shall come from the operation
of Debtor's business. There are no general unsecured claims.

A full-text copy of the Disclosure Statement dated Jan. 31, 2020,
is available at https://tinyurl.com/v85qtnk from PacerMonitor.com
at no charge.

Counsel for the Debtor:

     Miriam A. Murphy-Lightbourn
     PO Box 372519
     Cayey, Puerto Rico 00737
     Tel: 787-263-2377
     Email: mamurphyli82@gmail.com

            About Gonzalez & Colon Investment Group

Gonzalez & Colon Investment Group Inc., is authorized by Puerto
Rico Department of State to operate as a privately owned
corporation.  It Debtor classifies as single asset property,
constituting a single property with 4 commercial units, that
generates substantially all of the gross income of the debtor.

Gonzalez & Colon Investment Group sought Chapter 11 protection
(Bankr. D.P.R. Case No. 19-05905) on Oct. 11, 2019.  Miriam A.
Murphy-Lightbourn, Esq., at MIRIAM A. MURPHY & ASSOCIATES PSC, is
the Debtor's counsel.


GRAY LAND & LIVESTOCK: Columbia Bank Proposes Liquidating Plan
--------------------------------------------------------------
Secured creditor Columbia State Bank is seeking acceptance of the
Plan of Liquidation dated January 28, 2020, by the creditors of the
estate of debtor Gray Land & Livestock, LLC.

This Plan is filed under Chapter 11 of the Bankruptcy Code and
proposes  to pay creditors of the Debtor from the proceeds of a
Grantor Trust to which the Debtor will be transferring all of its
Assets.

Columbia State Bank, which has a claim $3,988,832 as of the
Petition Date under Section 506 of the Bankruptcy Code, will retain
its lien on all of the Debtor's personal property and 16 parcels of
Debtor's real property in Klickitat County and Yakima County.  All
terms and conditions set forth  in  the agreements and instruments
under which the Class 1 Allowed Secured Claim arose shall be and
remain in full force and effect according to their terms.  

Unsecured creditors in Class 10 are impaired under the Plan.  The
Class Ten Claims consists of all Allowed Unsecured Claims, together
with interest at the rate of 2.35% per annum, the federal interest
rate under 28 U.S.C. Sec. 1961(a) as of the Petition Date.  After
allowed administrative expense claims for professional fees have
been paid in full, each holder of an allowed unsecured claim will
receive distributions of a pro rata share of the available cash
pursuant to the Grantor Trust Agreement.

Holders of interests in the Debtor in Class 11 will not receive
payment unless and until all allowed claims are paid in full.

On the Effective Date, all assets of the Estate will be transferred
from the Estate to the Debtor. On the Effective Date, subsequent to
the transfer from the Estate, the Debtor will transfer as grantor
to the Grantor Trust all Assets to the Plan Agent as trustee of the
Grantor Trust and all Assets shall vest in the Grantor Trust to be
administered by the Plan Agent as trustee of the Debtor's Grantor
Trust in accordance with the Grantor Trust Agreement attached to
the Plan.

This Plan and the Grantor Trust shall be funded by Cash on hand as
of the Effective Date and Cash available after the Effective Date
from, among other things, the liquidation of Assets.

A full-text copy of the Liquidating Plan dated January 28, 2020, is
available at https://tinyurl.com/vdf3xb5 from PacerMonitor at no
charge.

Columbia State Bank is represented by:

        Tara J. Schleicher
        Jason M. Ayres
        FOSTER GARVEY P.C.
        121 SW Morrison Street, 11th Floor
        Portland, Oregon 97204
        E-mail: tara.schleicher@foster.com
                jason.ayres@foster.com

                  About Gray Land & Livestock

Gray Land & Livestock is a privately held company that operates in
the animal food manufacturing industry.  Gray Land & Livestock
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
E.D. Wash. Case No. 19-00467) on Feb. 28, 2019.  At the time of the
filing, the Debtor was estimated to have assets of less than
$50,000 and liabilities of $1 million to $10 million.  The case is
assigned to Judge Frederick P. Corbit.  The Debtor tapped Bailey &
Busey LLC as its legal counsel.


GREAT WESTERN: Fitch Puts B- LongTerm IDR on Watch Negative
-----------------------------------------------------------
Fitch Ratings placed Great Western Petroleum, LLC's 'B- 'Long-Term
Issuer Default Rating on Rating Watch Negative. In addition, Fitch
has placed Great Western's senior secured credit facility at
'BB-'/'RR1' and the senior unsecured notes at 'B+'/'RR2' on Rating
Watch Negative.

The Rating Watch Negative reflects the company's heightened
refinancing and liquidity risks. Great Western currently faces a
challenging capital market environment to refinance its near-term
maturities and may have to encumber assets, which will restrict its
financial flexibility, in order to facilitate execution. Fitch
plans to downgrade Great Western within six months if management is
unable to refinance the 2021 notes and mitigate the credit
facility's springing maturity risk. Fitch believes an inability to
refinance the notes triggering the credit facility's springing
maturity date (March 30, 2021) may heighten the risk of an
exchange. The Negative Watch also considers a potential priming of
unsecured holders as part of a potential refinancing transaction.

The ratings reflect the company's growing liquids focused
production in the DJ Basin (3Q19 production of 53.6 mboepd;
estimated 2019 exit north of 60 mboepd), low-breakeven inventory
and competitive cost structure leading to solid netbacks, a hedging
policy that supports continued asset development and expectations
of manageable leverage throughout its growth period. Fitch believes
Great Western's asset (production, inventory, and unit economics)
and financial (leverage and upstream debt metrics) profiles, as
well as operational strategy, optimizing longer-term positive FCF,
are consistent with single 'B' rating category thresholds. However,
these factors are currently offset by the elevated refinancing and
liquidity risks as the company simultaneously outspends cash flow
for developmental purposes.

KEY RATING DRIVERS

Elevated Refinancing, Liquidity Risks: Capital market access for
high-yield energy issuers has been challenging in 2019 and early
2020. Fitch believes that access for Great Western has potentially
weakened further due to regulatory overhang despite a relatively
solid leverage profile and improving FCF outlook. The credit
facility becomes callable on March 30, 2021 if the company fails to
refinance its 2021 notes by March 30, 2021. Under base case
assumptions, Fitch expects Great Western to have greater than $300
million drawn on the revolver, heightening refinancing and
liquidity risks as the springing maturity trigger date approaches.

Regulatory Environment Creates Overhang: Senate Bill 19-181 was
signed into law on April 16, 2019, triggering 12+ rulemakings at
the Colorado Oil and Gas Conservation Commission (COGCC). Fitch
believes near-to-medium term operational risks are moderated under
the new regulatory environment but the regulatory environment may
remain a capital market access overhang.

Great Western received approval on seven new permits in 2019,
adding over 200 wells and two years of inventory. In total, Fitch
estimates that Great Western has about six rig years of development
under existing permits. Great Western's strong historical track
record of working with local governments should support continued
success receiving drilling permits.

Considerable Asset Development: The economics underlying the
company's acreage position and twinning rig and frack crew program
facilitated production growth of approximately 80% in 2019. Under
base case assumptions, Fitch expects continued, substantial
double-digit production growth in 2020. Strong unit economics and
continued operational efficiencies (improved frack stages and
lateral feet drilled per day) supported considerable, organic
reserve replacement and resulted in two 2019 borrowing base
increases, which provide near-term liquidity for continued
expansion. Longer-term asset development is contingent upon
successful refinancing of the 2021 notes, retaining revolver access
until 2024.

Unit-Economic Uncertainty: Fitch believes Great Western's
unit-economics may erode marginally over the longer term. Gas
content as a percentage of total production typically increases
during the well's life in the DJ Basin. Given the accelerated
drilling program, the company averaged 55% oil content in 3Q19.
Over the long term, as the asset base matures, Fitch expects the
oil cut to trend towards 50%. Fitch estimates that there may be
some additional unit-economic variance based on capital allocation
decision making and non-op impacts.

During 2019, Great Western's operated drilling activity was split
approximately 60%/40% in favor of Adams County, which is balanced
relative to the company's total inventory and should support
longer-term margin preservation and ultimately operational and
financial flexibility. Future decisions to accelerate Adams
County's development program due to regulatory uncertainties may
have a negative impact on longer-term unit economics as breakevens
are substantially lower in both the Codell and Niobrara formations
in Adams County compared to the company's position in Weld County.

Rolling, Three-Year Hedge Program: Great Western has a robust hedge
program, targeting 75%, 50% and 25% of rolling first, second, and
third year production. Under base case assumptions, Fitch estimates
that approximately 95% of oil is hedged for 2020 and approximately
45% oil is hedged for 2021. Fitch expects the company to continue
to roll on 2021 oil hedges. The three-year rolling hedge book may
allow Great Western to take advantage of potential forward
contango. Under 2020 strip pricing, as of Feb. 10, 2020 ($50.34/bbl
in 1Q20, $50.86/bbl in 2Q20, $51.13/bbl in 3Q20, and $51.07/bbl in
4Q20), all of the company's oil hedges are in the money. Fitch
believes the hedge book is advantageous as the company maximizes
production growth while balancing its capital program and cash flow
neutrality to preserve liquidity.

DERIVATION SUMMARY

Great Western's production profile (53.6 mmboepd in 3Q19) is
smaller than direct peer and DJ Basin operator Extraction Oil & Gas
(B/ Negative; 80.3 mmboepd). Great Western's acreage position in
the play (approximately 60,000 net acres) is significantly smaller
than Extraction's 179,300 net acres. As single-basin DJ Basin
operators, both companies are significantly exposed to Colorado
regulatory risk. Fitch believes Great Western has taken a proactive
approach to the new legislation and has moderated the impact of new
regulations associated with Bill 181. Great Western has a higher
liquids-cut (70% vs. 67%) and a better unhedged netbacks ($19.6/bbl
vs. $15.8/bbl) as of September 30, 2019.

Great Western's credit metrics ($18,004/bbl and $4.8/boe) are
similarly positioned to Extraction ($22,850/bbl and $5.3/boe) on a
debt/flowing barrel and a debt/1P basis, respectively. The
relatively small production size, coupled with the 0% equity credit
on the preferred units negatively position Great Western on a
$/flowing barrel basis.

Great Western's Rating is less reflective of its operational
momentum, which yielded substantial double-digit production growth
in 2019 into 2020 and relatively strong unit economics, but rather
due to liquidity and refinancing risks associated with the
company's 2021 maturity wall.

KEY ASSUMPTIONS

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

  -- WTI oil price of $56.83/bbl in 2019, $57.50/bbl in 2020 and
$55.00/bbl in the long term;

  -- Henry Hub natural gas price of $2.61/mcf in 2019 and $2.50/mcf
in the long term;

  -- Realized prices in accordance with ASC 606 (G&T costs
netted);

  -- Substantial double digit production growth in 2019 and 2020,
followed by modest single digit production growth;

  -- Capital program linked to the twinning rig and frac crew
program, decreasing in the outer years;

  -- FCF deficits funded with revolver borrowing.

KEY RECOVERY RATING ASSUMPTIONS

  -- The recovery analysis assumes that Great Western Petroleum LLC
would be reorganized as a going-concern in bankruptcy rather than
liquidated.

  -- Fitch has assumed a 10% administrative claim.

  -- Going-Concern (GC) Approach

  -- Fitch assumed a bankruptcy scenario exit EBITDA of $320
million. The EBITDA estimate takes into account a slight uptick in
oil and natural gas prices following a prolonged commodity price
downturn ($45/bbl oil and $2.10/mcf natural gas) coupled with an
unexpected regulatory change, causing lower than expected
production, less economic drilling inventory and liquidity
constraints.

  -- Fitch used a GC enterprise value (EV) multiple of 3.75x versus
a historical E&P energy sub-sector exit multiple of 5.6x. The
multiple is reflective of Great Western's footprint in the DJ
Basin, which is smaller, subject to increased regulatory risks, and
cored up, leading to fewer available assets to increase reserves
and inventory.

  -- Fitch's going-concern assumptions lead to a valuation of $1.2
billion, an increase of approximately $200 million YoY.

Liquidation Approach

  -- Fitch used transactional and asset based valuations, such as
recent transactions for the DJ Basin on a $/acre, $drilling
location, $/flowing barrel and $/1P estimates to determine a
reasonable sales price for the company's assets.

  -- Fitch used PDC Energy Inc.'s acquisition of SRC Energy, Inc.
in August 2019 as the key comp. Fitch notes that SRC's acreage
position is slightly south and east of the company's Weld county
position, which has different valuation impacts than the company's
Adams county core, which is in the volatile oil window.

  -- Fitch's liquidation value was $1.15 billion.

Fitch assumed the revolver was drawn at $630 million. Fitch assumed
a slight borrowing base/elected commitment increase in the spring
determination generally consistent with recent increases following
production and PDP growth. The allocation of value in the liability
waterfall results in a recovery corresponding to an RR1 for the RBL
and an RR2 for the senior unsecured notes.

RATING SENSITIVITIES

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

To Resolve the Watch Negative and Stabilize the Rating

  -- Successful refinancing of the 2021 debt maturity that retains
revolver access through 2024;

To Upgrade Great Western to 'B'

  -- Demonstrated ability to balance the longer-term capital
program, resulting in a clear line-of-sight to positive FCF, which
Fitch expects to support revolver repayment and a clear liquidity
runway for the long term;

  -- Mid-cycle debt/EBITDA maintained below 3.0x (FFO Adjusted
Leverage below 3.0x).

Fitch believes that successful refinancing of the notes that
extends revolver access may result in a return to positive rating
momentum.

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

  -- Inability to refinance the 2021 notes and retains revolver
access to 2024 in the next six months;

  -- Deteriorating liquidity profile outlook;

  -- Loss of size and scale evidenced by a reduced capital program
and substantial production declines;

  -- Mid-cycle debt/EBITDA trending above 4.5x (FFO Adjusted
Leverage above 4.5x).

LIQUIDITY AND DEBT STRUCTURE

Heightened Refinancing Risk: Capital market access for high-yield
energy issuers has been limited in 2019 and early 2020, and Fitch
believes that access for DJ basin operators such as Great Western
is even weaker given the elevated regulatory environment. Fitch
believes this elevates the company's near-term refinancing and
liquidity risks.

Successful refinancing of the 2021 notes will extend the company's
maturity profile; the credit facility matures on June 25, 2024, but
springs to March 30, 2021 if the 2021 notes are not successfully
refinanced in full. Additionally, Great Western has a $75 million
maturity in 2025.

Liquidity May Be Constrained: As of Sept. 30, 2019, GWP had
approximately $240 million of revolver availability ($650 million
borrowing base; $550 elected commitment) and the company had cash
on hand of approximately $5 million as of 3Q19. Fitch believes GWP
will continue to fund incremental cash flow deficits with revolver
borrowings. Continued capital market access challenges for HY
issuers may result in a weaker longer-term liquidity profile.

Preferred Units: On April 11, 2018, GWP issued 275,000 preferred
units at $1,000 par value. GWP is required to make cumulative
annual dividends payable quarterly at 8% until April 2023, the
greater of 8% and L+625 thereafter, and 10% following a qualified
IPO. Until March 2020, GWP has the option to PIK dividends up to
100%. As detailed in the Hybrids Security Section, the units
received 0% equity credit.

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.

Great Western has an ESG Relevance Score of 4 for Exposure to
Social Impacts, due to heightened regulatory pressure for Colorado
Oil & Gas operators, which may have a longer-term impact on costs
and inventory. Fitch believes this has a negative impact on the
credit profile and is relevant to the rating in conjunction with
other factors.


HAMILTONS 549: Unsecured Claims Unimpaired in Sale Plan
-------------------------------------------------------
Hamiltons 549 LLC, filed a modified plan of reorganization and a
disclosure statement.

The Debtor is a limited liability company engaged in the business
of owning the real property known as and located at 549 West 152nd
Street, New York 10031.

The means of implementation of the Plan is the sale of the
Property.  The Debtor's current broker, The Corcoran Group, has
found a purchaser who has offered to purchase the Property for an
amount which will pay all creditors allowed claims in full.  The
Debtor believes that the proceeds generated by the sale will pay
all allowed claims of creditors with a significant return to
equity.

General unsecured claims, totaling $25,000, in Class 3 are
unimpaired.  Each holder of an Allowed Class 3 General Unsecured
Claim shall receive a Cash distribution from the Net Sale Proceed
equal to the full Allowed amount of their Allowed General Unsecured
Claims on the later of: (i) 10 days after the Closing Date or (ii)
three business days after such Claim becomes an Allowed Claim, not
to exceed payment in full, plus interest at the legal rate.

Holders of insider claims in Class 4, totaling $250,000, are
IMPAIRED.  The holder of the Class 4 Insider Claims will receive
the remaining amount of the Net Sale Proceeds as promptly as
practicable after the payment to holders of Allowed Statutory Fees,
Allowed Administrative Claims, Allowed Non-Classified Claims, and
Allowed Claims in Classes 1 through 3.

Hermia Nelson, the holder of the Class 5 Interests in Class 5, will
retain such Interests and will receive the remaining amount of the
Net Sale Proceeds as promptly as practicable after the payment to
holders of other claims.

A full-text copy of the Disclosure Statement dated Feb. 5, 2020, is
available at https://tinyurl.com/v9ubvjb from PacerMonitor.com at
no charge.

Counsel to the Debtor:

     Joel M. Shafferman, Esq.
     SHAFFERMAN & FELDMAN LLP
     137 Fifth Avenue, 9th Floor
     New York, New York 10010
     (212) 509-1802

                    About Hamiltons 549 LLC

New York-based Hamiltons 549 LLC classifies its business as single
asset real estate (as defined in 11 U.S.C. Section 101(51B)).  It
owns in fee simple a property located at 549 West 152nd Street
N.Y., which has an appraised value of $3 million.

Hamiltons 549 filed a Chapter 11 petition (Bankr. S.D.N.Y. Case No.
19-11995) on June 17, 2019.  In the petition signed by Hermia
Nelson, member, the Debtor disclosed $3,000,000 in assets and
$1,525,055 in liabilities.  Judge Shelley C. Chapman oversees the
case.  Joel M. Shafferman, Esq., at Shafferman & Feldman LLP, is
the Debtor's bankruptcy counsel.


HARD ROCK: Parties Resolve Disclosure Statement Issues
------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of West
Virginia held a hearing Dec. 18, 2019, on

   * the adequacy of information contained in the Chapter 11
Trustee's Disclosure Statement for Liquidating Chapter 11 Plan for
Hard Rock Exploration, Inc., and

   * the objections of James Stephens, Jr., Monica Francisco, Duane
Yost, and Gregory Laughlin, who are shareholders of debtors Hard
Rock Exploration, Inc., et al. and guarantors of the Debtors'
indebtedness to The Huntington National Bank (the Guarantors)

The hearing was continued to Jan. 8, 2020, so that the Trustee and
the Guarantors may explore whether the Disclosure Statement might
be revised to the satisfaction of both parties.

The Trustee and the Guarantors notified the Court on January 7,
2020, that a compromise had been reached whereby the Guarantors
consent to the Trustee's solicitation of Plan votes through
distribution of the Disclosure Statement provided that it is
revised to include certain agreed-upon language to preserve the
Guarantors’ objections and arguments.

On January 8, 2020, Judge Frank W. Volk ordered that:

  * The compromise reached by the Trustee and the Guarantors is an
acceptable resolution to the parties' dispute regarding the
Disclosure Statement.

  * The Court finds the Amended Disclosure Statement to be
acceptable and, therefore, will promptly enter an order approving
the Amended Disclosure Statement without further hearing as
providing adequate information for creditors to vote on the Plan,
which order will set deadlines for voting and objections to
confirmation and will establish a date for the confirmation
hearing. Entry of the order approving the Amended Disclosure
Statement will not waive, nullify, adjudicate, or resolve
Guarantors’ objections and arguments, all of which are preserved.


  * The Court shall retain jurisdiction over any and all matters
arising from or related to the interpretation or implementation of
this Order.

A full-text copy of the order dated Jan. 28, 2020, is available at
https://tinyurl.com/wrksrfp from PacerMonitor at no charge.

Counsel for Chapter 11 Trustee Robert W. Leasure, Jr.:

      Elizabeth A. Amandus
      JACKSON KELLY PLLC
      500 Lee Street, East; Suite 1600
      Post Office Box 533
      Charleston, WV 25322
      Tel: (304) 340-1000

Counsel for Duane V. Yost:

      J. Michael Benninger
      BENNINGER LAW PLLC
      P.O. Box 623
      Morgantown, WV 26507
      Tel: (304) 241-1856

Counsel for Gregory Laughlin:

      Shawn P. George
      GEORGE & LORENSEN, PLLC
      1526 Kanawha Boulevard E.
      Charleston, WV 25311
      Tel: (304) 343-5555

Counsel for James Stephens, Jr. and Monica Francisco:

      Marc. R. Weintraub
      BAILEY & GLASSER, LLP
      209 Capitol Street
      Charleston, WV 25301
      Tel: (3004) 414-3182

                About Hard Rock Exploration

Founded in 2003, Hard Rock Exploration, Inc., and its affiliates
provide oil and gas exploration and production services in Virginia
and West Virginia. Hard Rock focuses on drilling horizontal wells.

Hard Rock Exploration and its affiliates sought Chapter 11
protection (Bankr. S.D. W.Va. Lead Case No. 17-20459) on Sept. 5,
2017. In the petitions signed by James L. Stephens, the Debtors'
president, Hard Rock estimated assets of $10 million to $50 million
and liabilities of the same range.

The Hon. Frank W. Volk oversees the cases.

The Debtors are represented by Christopher S. Smith, Esq., at
Hoyer, Hoyer & Smith, PLLC, and Taft A. McKinstry, Esq., at Fowler
Bell PLLC.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on Oct. 18, 2017.  The committee tapped
Whiteford, Taylor & Preston LLP as its legal counsel.

Robert W. Leasure Jr. was appointed as Chapter 11 trustee for the
Debtors on Jan. 3, 2018.  The Trustee tapped Jackson Kelly PLLC as
his legal counsel, and LS Associates, LLC as his consultant.


HILLJE MUSIC CENTER: Wins Final Approval to Use Cash Collateral
---------------------------------------------------------------
Judge Ronald B. King authorized Hillje Music Centers, LLC to use
cash collateral, on a final basis, to pay ordinary and necessary
operating expenses pursuant to the budget.  The budget disclosed
$202,129.17 in total expenses.

The Debtor is authorized to make adequate protection payment
according to the budget, until further Court order.
All parties with an interest in cash collateral are granted a
replacement lien to the same extent, priority and validity as their
pre-petition liens.

A copy of the final order is available for free at
https://is.gd/frdh51 from PacerMonitor.com.  

                  About Hillje Music Centers

Hillje Music Centers, LLC -- https://hilljemusic.com/ -- owns and
operates music supply stores located throughout the San Antonio
area.  It provides instrument rentals, service, and repairs.  Its
music stores also offer lessons for guitar, piano, drum, violin,
trumpet, and saxophone.

The company filed a Chapter 11 petition (Bankr. W.D. Tex. Case No.
20-50074) on Jan. 6, 2020.  In the petition signed by Scott M.
Hillje, member, the Debtor was estimated to have between $1 million
and $10 million in both assets and liabilities.  Judge Ronald B.
King is assigned to the case.  Law Office of H. Anthony Hervol
represents the Debtor.


HUDSON TECHNOLOGIES: ArrowMark Colorado Reports 10% Stake
---------------------------------------------------------
ArrowMark Colorado Holdings, LLC disclosed in an amended Schedule
13G filed with the Securities and Exchange Commission that as of
Dec. 31, 2019, it beneficially owns 4,286,631 shares of common
stock of Hudson Technologies, Inc., which represents 10.06 percent
of the shares outstanding.  A full-text copy of the regulatory
filing is available for free at:

                        https://is.gd/pJZk96

                     About Hudson Technologies

Headquartered in Pearl River, New York, Hudson Technologies, Inc.
-- http://www.hudsontech.com/-- is a refrigerant services company
providing innovative solutions to recurring problems within the
refrigeration industry.  The Company's products and services are
primarily used in commercial air conditioning, industrial
processing and refrigeration systems, and include refrigerant and
industrial gas sales, refrigerant management services consisting
primarily of reclamation of refrigerants and RefrigerantSide
Services performed at a customer's site, consisting of system
decontamination to remove moisture, oils and other contaminants.

Hudson Technologies reported a net loss of $55.66 million in 2018.
As of Sept. 30, 2019, the Company had $204.21 million in total
assets, $149.25 million in total liabilities, and $54.95 million in
total stockholders' equity.

As disclosed in the Company's Form 10-Q for the quarter ended Sept.
30, 2019, "The Company's ability to continue as a going concern is
contingent upon its ability to comply with the financial covenants
within its credit agreements.  The Company's level of indebtedness
has adversely impacted, and continues to adversely impact, the
Company's financial condition, including operating results and
liquidity position.  As of June 30, 2019 and September 30, 2019,
the Company was not in compliance with the financial covenants in
the Term Loan Facility and the PNC Facility, thus raising
substantial doubt as to the ability to continue as a going concern
within one year after the date the financial statements were
issued.  The Company has satisfied all of its debt payment
obligations on a timely basis and had over $14 million of cash on
hand and $23 million of availability pursuant to the borrowing base
formula in the PNC Facility as of September 30, 2019; and is
working with its lenders to obtain a waiver and amendment of its
credit facilities.  However, there can be no assurance that the
Company will be able to conclude any such waivers or amendments on
acceptable terms or at all."


IBIS NETWORKS: UST Has Limited Objection to Plan & Disc. Statement
------------------------------------------------------------------
The United States Trustee submitted a limited objection to IBIS
NETWORKS, INC.'s Combined Plan of Reorganization and Disclosure
Statement for Debtor’s Plan of Reorganization dated Jan. 13,
2020.

As to the United States Trustee quarterly fees, the U.S. Trustee
requests for clarification language to plan section II.B.I.  The
Plan's definition of "administrative expense claim" at Section
II.B.1, and Exhibit 5 (Definitions) ¶ 1.2., includes "any fees or
charges assessed against the estate of the Debtor under section
1930 of title 28 of the United States Code", i.e., United States
Trustee Quarterly Fees.

The U.S. Trustee also objects to overbroad and vague plan
injunction & exculpation terms, in plan sections IX.6-IX.7

                      About IBIS Networks

IBIS Networks, Inc. -- http://ibisnetworks.com/-- is a full-stack
cleantech company that provides plug-level energy monitoring and
control to solve energy and asset management problems for
corporations and businesses.  Its cloud-based IoT solution enables
customers to reduce their plug-load consumption by up to 20
percent
as well as track the condition and utilization of the assets
consuming that electricity.

IBIS Networks sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Hawaii Case No. 19-01083) on Aug. 27, 2019.  At
the
time of the filing, the Debtor was estimated to have assets of
between $500,000 and $1 million and liabilities of between $1
million and $10 million.  The case is assigned to Judge Robert J.
Faris.  The Debtor is represented by Choi & Ito, Attorneys At Law.


ICMFG & ASSOCIATES: Plan Confirmed After BBG Compromise
-------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida, Tampa
Division, has confirmed the Chapter 11 plan of ICMFG & Associates,
Inc.

On Dec. 27, 2016, the Debtor filed the Initial Plan and the
Disclosure Statement.

On Jan. 27, 2017, the Debtor filed its ballot tabulation.  As
reflected therein, Classes 4 and 6 voted to accept the Initial
Plan.  Classes 2 and 5 voted against the Initial Plan. The Bare
Board Group, Inc., was the sole Holder of Claims comprising Classes
2 and 5.

On Jan. 31, 2017, the Debtor filed the First Amendment.

On Nov. 19, 2019, the Debtor filed a Motion to Approve Global
Compromise with The Bare Board Group.  In the Compromise Motion,
the Debtor sought approval of a settlement with BBG (the "BBG
Settlement") that provided for, inter alia, entry of an order
sustaining the Debtor's objection to BBG's claims and BBG's
withdrawal of: its objections to final approval of the filed
Disclosure Statement and confirmation of the Plan; BBG's amended
objection to confirmation of the Plan; and the supplement to BBG's
amended objection to confirmation of the Plan.

On Dec. 20, 2019, the Court entered an order approving the
Compromise Motion.

On Jan. 6, 2020, the Debtor filed the current Plan.  The Court has
reviewed the Plan and the Confirmation Motion and finds that the
Plan does not adversely change the treatment of the claim of any
creditor or the interest of any equity security holder vis a vis
the Initial Plan or the First Amendment, within the meaning of
Bankruptcy Rule 3019(a).  

On Jan. 7, 2020, BBG filed a Withdrawal of the BBG Plan
Objections.

On Jan. 29, 2020, at 9:30 a.m., the U.S. Bankruptcy Court for the
Middle District of Florida, Tampa Division, held a hearing on the
Confirmation Motion of Debtor ICMFG & Associates, Inc.  

On Jan. 31, 2020, Judge Michael G. Williamson ordered that:

   * The Disclosure Statement contains adequate information in
accordance with Sec. 1125(a)(1) of the Bankruptcy Code.

   * The Plan is confirmed in all respects as further modified by
this Confirmation Order.

   * The Debtor is authorized and directed to take all such steps
as may be necessary to effectuate and implement the Plan and this
Confirmation Order, and to take such steps as may be appropriate or
necessary to consummate the transactions contemplated by the Plan
and this Confirmation Order.

A full-text copy of the Order Confirming the Plan dated Jan. 31,
2020, is available at https://tinyurl.com/u5zje8g from PacerMonitor
at no charge.

                    About ICMFG & Associates

ICMFG & Associates, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Fla. Case No. 16-06552) on July 29, 2016. The petition
was signed Michael Doyle, president. In its petition, the Debtor
was estimated to have $1 million to $10 million in assets and $10
million to $50 million in liabilities.  Stichter, Riedel, Blain &
Postler, PA, is the Debtor's counsel.  The Debtor employed Cheri
Surface, BS, MBA as an accountant.


IMPERIAL TOY: Taps Snell & Wilmer as Special Counsel
----------------------------------------------------
Imperial Toy, LLC received approval for the U.S. Bankruptcy Court
for the Northern District of California to hire Snell & Wilmer LLP
as its special counsel.

Snell & Wilmer will answer any intellectual property-related
questions from potential bidders in connection with the sale of
most of its assets.  The firm's hourly fees are:

     Grant Langton      Partner    $525
     Scott Schahn       Paralegal  $245

Grant Langton, Esq., a partner at Susan B. Hersh, assured the court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Grant T. Langton, Esq.
     Snell & Wilmer LLP
     400 East Van Buren Street Suite 1900
     Phoenix, AZ 85004
     Phone: 602-382-6000

                        About Imperial Toy

Imperial Toy, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Calif. Case No. 19-52335) on Nov. 18,
2019.  The case was filed in order to facilitate a going concern
sale of the Debtor's assets.  Judge M. Elaine Hammond oversees the
case.

At the time of the filing, the Debtor disclosed assets of between
$10,000,001 and $50 million and liabilities of the same range.

The Debtor tapped Sheppard, Mullin, Richter & Hampton LLP as its
legal counsel, and Arch & Beam Global, LLC as its financial
advisor.


ISAGENIX INT'L: Moody's Lowers CFR to Caa2 & Alters Outlook to Neg.
-------------------------------------------------------------------
Moody's Investors Service downgraded Isagenix International, LLC's
Corporate Family Rating to Caa2 from B2 and its Probability of
Default Rating to Caa2-PD from B2-PD. Moody's also downgraded
Isagenix' first lien senior secured revolving credit facility and
term loan ratings to Caa2 from B2. The rating outlook is negative.

The downgrade reflects Moody's belief that Isagenix' operating
performance and operating cash flow will continue to deteriorate
meaningfully over the next 12 months. Significant declines in
Isagenix' membership base and revenue are pushing leverage higher
to a point where the capital structure is becoming unsustainable
without a meaningful operational turnaround.

Moody's views liquidity as weak with a questionable ability to
generate sufficient free cash flow to meet the required term loan
amortization over the next year of roughly $16.9 million and comply
with the credit facility total leverage covenant. Isagenix's 23%
sales decline in 2019 was fueled by meaningful losses to the
company's sales force combined with a significant decline in new
enrollment. The sales force is a significant driver of revenue
across the company's multi-level marketing business model, and the
decline in enrollment negatively impacted business performance.
Isagenix continues to invest in systems, tools and training to
drive enrollment, but these investments have not halted the erosion
of the sales force that has declined roughly 17% since the
leveraging ESOP sale in early 2018. Moody's has growing concerns
related to the sustainability of the company's capital structure
and the risk that earnings will continue to fall over the next
year, and there is elevated potential for a distressed exchange or
other debt restructuring.

The company's announced debt financed acquisition of Zija
International, Inc. will add to the membership base and provide
additional products to sell through Isagenix' sales force. The
company is projecting that a meaningful amount of cost synergies
due to decreases to Zija's sales force and other initiatives will
more than offset continued significant deterioration in Zija's
membership, revenue and earnings. But Moody's believes there is
significant risk to executing a turnaround of both Isagenix and
Zija. . Zija is a multi-level marketing firm that specializes in
plant-based supplements and wellness products. The acquisition, as
well as related transactions costs, will be financed with a $30
million draw on the company's $40 million revolving credit facility
that will diminish unused capacity and a $10 million seller note.

The negative outlook reflects Moody's belief that continued
deterioration in Isagenix's operating performance and free cash
flow over the next 12-18 months could increase the likelihood of a
restructuring and reduce recovery.

Moody's took the following rating actions on Isagenix
International, LLC:

Ratings Downgraded:

  Corporate Family Rating to Caa2 from B2

  Probability of Default Rating to Caa2-PD from B2-PD

  $40 million Gtd. senior secured first lien revolving credit
  facility expiring 2023 to Caa2 (LGD3) from B2 (LGD4)

  $375 million Gtd. senior secured first lien term loan B due 2025
  to Caa2 (LGD3) from B2 (LGD4)

Outlook Actions:

  Outlook changed to Negative from Stable

RATINGS RATIONALE

The Caa2 CFR reflects Moody's concern that competitive, economic,
and structural headwinds, and senior management turnover will
continue to create challenges for Isagenix to stem revenue declines
and quickly execute a turnaround strategy. Moody's also believes
that certain social elements, including changes to consumer
shopping patterns and the attractiveness of individuals serving as
sales representatives at Isagenix, may negatively impact the
company's "multi-level marketing" business model. The company's
multi-level marketing structure also increases the risk of adverse
regulatory and/or legal actions, and the potential for actions by
regulatory authorities can't be ruled out. Moody's is concerned
that the company will face difficulty mitigating revenue and
earnings declines. This will impact Isagenix's credit metrics,
constrain its ability to repay debt, and pressure the company's
liquidity position. The rating is supported by the company's broad
product suite, and a variable cost structure given the outsourced
manufacturing model, as well as sales commissions and marketing
expenses that fluctuate with sales volume. Moody's expects the
variable cost structure will lead to modestly positive free cash
flow in 2020 despite continued revenue declines. Social factors
driven by an aging population and obesity trends that support
demand for health, wellness and weight loss products also benefit
the credit profile.

Isagenix's ratings could be downgraded if the company does not
stabilize membership, sales representative counts, revenue and
earnings. Should Isagenix's liquidity weaken, or if Moody's feels
the company's capital structure is becoming increasingly
unsustainable or recovery prospects are declining, ratings could be
downgraded further.

Before Moody's would consider an upgrade, Isagenix would need to
materially improve its operating performance. Moody's would need to
gain greater comfort that Isagenix's capital structure is
sustainable and free cash flow is sufficient to meet debt service
before considering an upgrade.

The principal methodology used in these ratings was Consumer
Packaged Goods Methodology published in February 2020.

Based in Gilbert, AZ Isagenix is a direct-seller of weight
management products, nutritional supplements, and personal care
products intended to support a healthy lifestyle. The company
operates through a multi-level marketing system that consists of
approximately 451,000 of pro-forma members largely in the US.
Isagenix' management and employees acquired a 30% ownership
interest in the company through an ESOP in June 2018 and the
company generates about $663 million in pro-forma revenue per
annum.


IXS HOLDINGS: Moody's Assigns 'B2' CFR, Outlook Stable
------------------------------------------------------
Moody's Investors Service assigned ratings to IXS Holdings, Inc.,
including Corporate Family Rating at B2, Probability of Default
Rating at B2-PD, and new $620 million senior secured term loan
rating at B2. The outlook is stable.

The new $620 million senior secured term loan will be used to
finance in part the acquisition IXS by affiliates of Clearlake
Capital Group, L.P., including related fees and expenses, and other
items.

The existing ratings at Innovative XCessories & Services LLC, the
currently rated subsidiary of IXS, are affirmed and the outlook
revised to stable. Upon completion of the transaction the ratings
of Innovative XCessories & Services LLC will be withdrawn.

The following ratings were assigned:

Issuer: IXS Holdings, Inc.

  B2, Corporate Family Rating;

  B2-PD, Probability of Default Rating;

  B2 (LGD4) to the new $620 million senior secured term loan.

The new $75 million asset based revolving credit facility is not
rated by Moody's.

Outlook: assigned Stable

The following ratings were affirmed and will be withdrawn upon
completion of the transaction:

Issuer: Innovative XCessories & Services LLC

  Corporate Family Rating, at B2;

  Probability of Default Rating, B3-PD;

  $18 million senior secured revolver, at B2 (LGD3);

  $595 million (remaining amount) senior secured term loan, at
  B2 (LGD3).

Issuer: Line-X Canada Ltd.

  $10 million senior secured revolver, at B2 (LGD3);

Rating Outlook

Issuer: Innovative XCessories & Services LLC:

  Revised to Stable from Negative

Issuer: Line-X Canada Ltd.:

  Revised to Stable from Negative

RATINGS RATIONALE

IXS's ratings reflect the company's strong competitive position as
a leader in automotive upfitting services and a supplier of
spray-on pick-up truck bedliners. The company's upfitting services
(about 56% of revenues) are expected to continue to benefit from
organic growth with increasing build rates of light trucks as a
percentage of automotive vehicles production in North America. Even
as automotive production softens in 2020, the share of light truck
production is expected continue to increase over the
intermediate-term. The company's aftermarket spray-on pick-up truck
bedliner business (about 15% of revenues) and industrial coatings
business (about 15% of revenues) provide counter cyclical growth
away from the automotive industry. Further, IXS's business segments
have demonstrated strong EBITA margins in the high teens over the
past several years, which is expected to continue.

Pro forma Debt/EBITDA for the transaction is estimated to be 5.1x
as of December 31, 2019. However, adjusting for the impact on IXS
of the UAW strike at GM improves pro forma debt/EBTIDA to 4.7x. The
company's performance has also shown profit improvement since the
impact of higher material costs, and higher launch costs related to
expanded OEM programs experienced in the prior years. Free cash
flow generation over the intermediate-term should support debt
reduction, yet IXS has a demonstrated a history of executing debt
funded shareholder returns and acquisitions under prior private
equity ownership.

The ratings also consider IXS's concentration in niche products as
a special option for the consumer, and heavy reliance on the
pick-up truck segment within the highly cyclical automotive light
vehicle market. IXS maintains high customer concentrations with the
top three customers representing almost 52% of 2019 revenues,
although the company has diversity across platforms and
manufacturing facilities with no single location accounting for
more than 6% of revenue. The company is also dependent on the
performance level of its aftermarket network through which it
franchises its products.

The stable rating outlook balances IXS' history of aggressive
shareholder returns and acquisition policies with expected positive
free cash flow generation over the next 12-15 months.

IXS is expected to have a good liquidity profile over the next
12-15 months supported by positive free cash flow generation and
availability under a new $75 million asset based revolving credit
facility. Pro forma for the transaction IXS is estimated to
maintain nominal levels of cash on hand. The asset based revolver
is expected to be unfunded at closing with sufficient borrowing
base capacity to access the full commitment. With free cash flow
generation over the next 12-15 months expected in the $50 million
range, the revolver is anticipated to remain unfunded. The primary
financial covenant under the asset based revolver is expected to be
a fixed charge coverage ratio, triggered when availability falls
below certain levels which is not anticipated over the next 12-15
months. The senior secured term loan is not expected to have
financial maintenance covenants. Alternate liquidity will be
limited as the company's largely domestic assets secure the term
loan and asset based revolver.

IXS's products and services are not directly exposed to material
environmental risks arising from increasing regulations on carbon
emissions. While automotive manufacturers continue to announce the
introduction of electrified products to meet increasingly stringent
regulatory requirements, demand for company's products are not
dependent on a vehicle's powertrain. Moody's believes that with
ongoing improvements in fuel efficiency, pick-up truck demand will
remain robust for the foreseeable future.

The opportunity for a higher rating over the intermediate-term is
limited given the company's moderate size and demonstrated
willingness to support shareholder returns under private equity
ownership. Profitable growth that increases scale could lead to an
upgrade if the company can sustain debt/EBITDA at around 3.0x or
lower and EBITA/interest expense, inclusive of restructuring
charges, above 4x.

Future events that have the potential to drive a lower rating
include weakness in light truck sales, a consumer shift away from
up-fitting options, or declining volume with one of the company's
large customers or platforms, or the expectation that debt/EBITDA
will be sustained above 4.75x, or EBITA/interest expense
approaching 2.0x. Debt funded acquisition and/or shareholder
returns, or a weak liquidity profile could also drive a negative
rating action.

The principal methodology used in these ratings was Automotive
Supplier Methodology published in January 2020.

IXS Holding, Inc., headquartered in Huntsville, AL, is a parent
company of Innovative Xcessories & Services LLC. Through its
subsidiaries, IXS provides protective coatings for pick-up truck
beds, as well as a wide range of other up-fit services and
accessories to automotive manufacturers. IXS is also engaged in the
sale of Line-X franchises within North America that are primarily
used for the application of spray-on truck bedliners, and the sale
of chemicals and machinery to franchise and licensees that are used
primarily for the application of spray-on truck bedliners
nationally and internationally. Revenues for the LTM period ending
September 30, 2019 were approximately $623 million. The company is
currently owned by affiliates of Olympus Partners.


JACE & ACE: Seeks to Hire Susan B. Hersh as Legal Counsel
---------------------------------------------------------
Jace & Ace, LLC seeks authority from the U.S. Bankruptcy Court for
the Eastern District of Texas to hire Susan B. Hersh, P.C. as its
legal counsel.

The firm will represent the Debtor in its Chapter 11 case.

Susan Hersh, Esq., and Michael Geller, Esq., the firm's attorneys
who will be handling the case, will each charge an hourly fee of
$250.  The firm will also be reimbursed for work-related expenses
incurred.

The firm received payment of $2,217 for its pre-bankruptcy services
and a retainer of $3,783 for fees and expenses to be incurred in
connection with the case.

Ms. Hersh assured the court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Susan B. Hersh, Esq.
     Susan B. Hersh, P.C.
     12770 Coit Road, Suite 1100
     Dallas, TX 75251
     Tel: (972) 503-7070
     Fax: (972) 503-7077
     Email: susan@susanbhershpc.com

                         About Jace & Ace

Based in The Colony, Texas, Jace & Ace, LLC filed a voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
E.D. Tex. Case No. 20-40193) on Jan. 21, 2020, estimating under $1
million in assets and liabilities. Susan B. Hersh, Esq., at Susan
B. Hersh, P.C., serves as the Debtor's legal counsel.  


JAMUNA TAXI: Hires Thomas A. Farinella as Attorney
--------------------------------------------------
Jamuna Taxi Corp., seeks authority from the U.S. Bankruptcy Court
for the Southern District of New York to employ the Law Office of
Thomas A. Farinella, P.C., as attorney to the Debtor.

Jamuna Taxi requires Thomas A. Farinella to:

   a) assist the Debtor in administering this case;

   b) make such motions or taking such action as may be
      appropriate or necessary under the Bankruptcy Code;

   c) represent the Debtor in prosecuting adversary proceedings
      to collect assets of the estate and such other actions as
      the Debtor deem appropriate;

   d) take such steps as may be necessary for the Debtor to
      marshal and protect the estate's assets;

   e) negotiate with the Debtor's creditors in formulating a plan
      of reorganization for the Debtor in this case;

   f) draft and prosecute the confirmation of the Debtor's plan
      of reorganization in this case; and

   g) render such additional services as Debtor may require in
      the bankruptcy case.

Thomas A. Farinella will be paid at these hourly rates:

     Attorneys                 $400
     Paralegals                $200

The Debtor paid Thomas A. Farinella an initial retainer of $8500.
Thomas A. Farinella has drawn down for pre-Filing Date services
$5,000, and $3,500 was left on the petition date.

Thomas A. Farinella will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Thomas A. Farinella, a partner at the Law Office of Thomas A.
Farinella, P.C., assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Thomas A. Farinella can be reached at:

     Thomas A. Farinella, Esq.
     THE LAW OFFICE OF THOMAS A. FARINELLA, P.C.
     260 Madison Avenue, 8th
     New York, NY 10016
     Tel: (917) 319-8579

                    About Jamuna Taxi Corp.

Jamuna Taxi Corp., filed a Chapter 11 bankruptcy petition (Bankr.
S.D.N.Y. Case No. 19-13304) on Oct. 17, 2019, disclosing under $1
million in both assets and liabilities.  The Debtor is represented
by Thomas A. Farinella, Esq., at the Law Office of Thomas A.
Farinella, P.C.


JAUREGUI TRUCKING: Unsecured Creditors to Recover 25% in Plan
-------------------------------------------------------------
Jauregui Trucking, Inc., filed a Plan of Reorganization and a
Disclosure Statement.

The Plan treats claims as follows:

  * Class 2(a): Secured claim of Pacific Premier Bank.  Total
amount of allowed claim is $2,866,290 plus accrued interest, late
charges and attorney's fees minus net proceeds paid from sale of
trailers.  The creditor will receive monthly payments of $31,742.

  * Class 2(a): Secured claim of Pacific Premier Bank. Total amount
of allowed claim is $304,551 plus accrued interest, late charges
and attorney's fees minus net proceeds paid from sale of trailers.
The creditor will monthly payments of $4,340

  * Class 2(c): Secured claim of Crossroads.  Total amount of
allowed claim, plus accrued interest, late charges and attorney's
fees is $1,922,211.  The creditor will receive monthly payments of
$25,711.

  * Class 3: General unsecured claims. Class 3 members will be paid
25% of their allowed claims.  Class 3 claims initially totaled
$964,050. However, claims by EDD, Angela Rodriguez and Miguel Lara
are disputed.  Class 3 allowed claims will be paid in 84 quarterly
payments of $8,413.  The source of payments will be from Debtor's
income Debtor reserves the light to pay the full amount of the
Class 3 claims sooner without penalty. Payments will be divided
between the members ofthe class on a pro rata basis.  If payments
continue for the full 7-year period, they will total $235,570.

The Plan will be funded from future income.

A full-text copy of the Disclosure Statement dated Feb. 7, 2020, is
available at https://tinyurl.com/tkgx7zk from PacerMonitor.com at
no charge.

Attorney for Debtor:

     Andrew Bisom - SBN - 137071
     THE BISOM LAW GROUP
     300 Spectrum Center Drive, Ste.
     II-vine, CA 92618
     Tel: (714) 643-8900
     E-mail: abisom@bisomlaw.com

                  About Jauregui Trucking

Jauregui Trucking, Inc., is a trucking company in Ontario,
California.  It operates 44 trucks and at least 200 dry van
trailers, and employs 75 drivers and other employees.    

Jauregui Trucking sought Chapter 11 protection (Bankr. C.D. Cal.
Case No. 19-17537) on Aug. 27, 2019.  In the petition signed by
Frank Jauregui, president, the Debtor disclosed total assets of
$3,004,195 and total liabilities of $6,469,273.  Judge Mark D.
Houle is the case judge.  The Debtor's counsel is The Bisom Law
Group.


JOVI ENTERPRISES: Seeks to Hire Ortiz & Ortiz as Counsel
--------------------------------------------------------
Jovi Enterprises, Inc., seeks authority from the U.S. Bankruptcy
Court for the Southern District of New York to employ Ortiz &
Ortiz, L.L.P., as counsel to the Debtor.

Jovi Enterprises requires Ortiz & Ortiz to:

   (a) perform all necessary services as Debtor's counsel that
       are related to the Debtor's reorganization and the
       bankruptcy estate;

   (b) assist the Debtor in protecting and preserving the estate
       assets during the pendency of the chapter 11 case,
       including the prosecution and defense of actions
       and claims arising from or related to the estate and
       the Debtor's reorganization;

   (c) prepare all documents and pleadings necessary to ensure
       the proper administration of its case; and

   (d) perform all other bankruptcy-related necessary legal
       services.
Ortiz & Ortiz will be paid at these hourly rates:

     Attorneys                 $375 to $450
     Paralegals                    $75

Ortiz & Ortiz will be paid a retainer in the amount of $9,000.

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

Norma E. Ortiz, partner of Ortiz & Ortiz, L.L.P., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Ortiz & Ortiz can be reached at:

     Norma E. Ortiz, Esq.
     ORTIZ & ORTIZ, L.L.P.
     32-72 Steinway Street, Ste. 402
     Astoria, NY 11103
     Tel: (718) 522-1117
     Fax: (718) 596-1302
     E-mail: email@ortizandortiz.com

                    About Jovi Enterprises

Jovi Enterprises, Inc., based in New York, NY, filed a Chapter 11
petition (Bankr. S.D.N.Y. Case No. 20-10068) on Jan. 13, 2020.  In
the petition signed by Clara Correa, president, the Debtor was
estimated to have $1 million to $10 million in assets and up to
$50,000 in liabilities.  The Hon. Martin Glenn oversees the case.
Norma E. Ortiz, Esq., at Ortiz & Ortiz, L.L.P., serves as
bankruptcy counsel.



JTJ RESTAURANTS: Court Confirms Fourth Amended Plan
---------------------------------------------------
Debtor JTJ Restaurants, Inc., filed with the U.S. Bankruptcy Court
for the Southern District of Florida a Fourth Amended Chapter 11
Plan and the Second Amended Disclosure Statement dated Nov. 26,
2019.  On Jan. 27, 2020, Judge Mindy A. Mora ordered that:

  * The Plan and the Disclosure Statement, and each of the
provisions, are approved and confirmed, provided however, that if
there is any direct conflict between the terms of the Plan and the
terms of this Confirmation Order, the terms of this Confirmation
Order shall control.

  * The Plan and its provisions shall be binding upon the Debtor,
any entity acquiring or receiving property or a distribution under
the Plan, and any holder of a Claim against or interest in the
Debtor, including any governmental entities, whether or not the
Claim or Interest of such holder is impaired under the Plan and
whether or not such holder or entity has accepted the Plan.

  * The Debtor is authorized to execute, deliver, file or record
such contracts, instruments, releases and other agreements and
documents and take such actions as may be necessary or appropriate
to effectuate, implement, and further evidence the terms and
conditions of the Plan.

  * The Debtor will pay the United States Trustee the appropriate
sum required pursuant to 28 U.S.C. Sec. 1930(a)(6) through
Confirmation on the Effective Date and concurrently filed with the
Court monthly operating reports showing the disbursements for the
relevant pre-confirmation periods.

  * The Court will hold a post-confirmation status conference on
February 25, 2020, at 1:30 p.m. in Courtroom A, 8th Floor, Flagler
Waterview Building, 1515 N. Flagler Drive, West Palm Beach, FL.

A full-text copy of the order dated January 27, 2020, is available
at https://tinyurl.com/sdebxgs from PacerMonitor at no charge.

                     About JTJ Restaurants
                and Byrd Restaurants-Royal Palm

JTJ Restaurants, Inc., and Byrd Restaurants-Royal Palm, Inc.,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Fla. Lead Case No. 19-12990) on March 6, 2019.  In the
petitions signed by Jerome Byrd, president, JTJ Restaurants each
estimated up to $50,000 in assets and $1 million to $10 million in
liabilities. Brian K. McMahon, P.A., serve as counsel to the
Debtors.


KRAFT HEINZ: Fitch Lowers LT IDR to BB+, Outlook Stable
-------------------------------------------------------
Fitch Ratings downgraded the Long-Term Issuer Default Rating for
The Kraft Heinz Company, Kraft Heinz Foods Company and Kraft
Canada, Inc. to 'BB+' from 'BBB-', and Short-Term IDRs to 'B' from
'F3'. The Rating Outlook is Stable.

The downgrade reflects Fitch's view that Kraft's leverage will
remain elevated above 4x for a prolonged period due to ongoing
EBITDA challenges and limited near term debt reduction potential.
Following Kraft's commentary around 2020 operating headwinds which
would suggest a nearly 8% EBITDA decline and its commitment to
maintain its dividend as announced Feb. 13, 2020, Fitch estimates
the company may need to divest up to 20% of its projected 2020
EBITDA to support debt reduction necessary to reduce leverage to
below 4.0x versus 2019 leverage of 4.8x.

KEY RATING DRIVERS

EBITDA Declines Continue in 2020: While fourth quarter earnings
were modestly above expectations, with 2019 EBITDA ending at $6.1
billion, the company indicated headwinds that have lowered Fitch's
2020 EBITDA projection to $5.6 billion, indicating another 8%
decline. This follows a 14% decline in 2019 and 9% decline in 2018
from peak levels of high $7 billion in 2017. EBITDA margins have
contracted from 29.4% in 2017 to 24.3% in 2019 and Fitch projects
EBITDA margin to moderate to 23%, which is more in line with the
other packaged food players. EBITDA declines have been led by weak
organic sales, with 2019 organic growth of negative 1.7%, primarily
due to volume declines of 1.8%, due to a number of reasons
including volume losses following price increases and some
distribution losses.

The company has also seen gross margin contraction driven by higher
logistics expenses, labor and input cost inflation, supply
disruptions in its U.S. meats and frozen potato businesses and
investments in customer service/logistics to drive sales. In
addition, SG&A expense growth reflects investments in areas to
support its U.S. sales and e-commerce efforts as well as grow its
international business.

Fitch has adjusted Kraft's downgrade leverage sensitivity to 4.0x
from 4.25x, which puts Kraft in line with most of its packaged food
peers. Kraft's leverage sensitivity was modestly higher due to the
company's above-average EBITDA generation at nearly $8 billion in
2017 with margins in the 30% range. However, margins have
subsequently fallen to the 23%-24% range. These figures position
KHC in line with the majority of its large packaged food peers,
particularly considering Kraft's scale is likely to compress
further given asset sales.

Dividend Maintained: Kraft announced its decision to maintain its
annual dividend of $1.60 per share, which translates into $2
billion in total annually, removing this as a near term
deleveraging option.

Significant Asset Sales Required: Given Fitch's 2020 EBITDA
forecast of $5.6 billion and $1.0 billion to $2.0 billion of debt
reduction using internally generated cash flow, Kraft would need to
generate over $9.0 billion in asset sale proceeds to drive gross
debt/EBITDA under 4x in Fitch's view, which is materially higher
than its prior expectations. The $9 billion estimate represents a
theoretical scenario where Kraft sells businesses representing
approximately 20% of 2020 EBITDA at a multiple of 8x-9x, which is
in line with recent transaction multiples. The company has pushed
out sharing the details of its strategic plan to early May versus
early 2020. Therefore, details around its long-term portfolio
strategy and what assets it could eventually sell remain
uncertain.

Mature Markets Limit Organic Business Growth: Kraft Heinz generated
$25 billion of total net revenue in 2019. Its portfolio includes
eight $1 billion-plus brands and many other large and well-known
household brands. Kraft Heinz is heavily exposed to the mature
North American market, which makes up about 80% of sales and 75% of
EBITDA. In addition, another 10% of its revenue comes from EMEA.
Beyond 2019, Fitch forecasts that the overall organic growth rate
will be flat to modestly down, with volume declines being offset
somewhat by price increases.

Organic growth trends remain challenging for large packaged foods
companies across most developed economies, due to brand maturity
and changing consumer preferences. In addition, the lack of pricing
power reflects continued consolidation and shifts in distribution
channels towards discounters, including hard-discount grocers.
Kraft Heinz competes with both large national and international
food and beverage companies and numerous local and regional
companies. It competes with both branded products and private
brands on the basis of product quality, innovation, consumer
preference relevancy, brand recognition and the effectiveness of
its marketing programs, distribution, shelf space, merchandising
support, and price.

DERIVATION SUMMARY

Kraft Heinz's ratings reflect the company's significant scale with
$25 billion in annual sales, 20% plus EBITDA margins offset by
elevated leverage. Fitch expects Kraft's leverage will remain
elevated above 4x for a prolonged period due to ongoing EBITDA
challenges and limited near term debt reduction potential.
Following Kraft's commentary around 2020 operating headwinds and
its commitment to maintain its dividend, Fitch estimates the
company may need to divest up to 20% of its projected 2020 EBITDA
to support debt reduction necessary to reduce leverage to below
4.0x versus 2019 leverage of 4.8x.

Mondelez International, Inc. (BBB/Stable) benefits from global
scale with the vast majority of its brands holding the #1 or #2
market share, globally or locally, in their respective categories.
Mondelez differentiates itself from competitors by its primary
focus on snacks and beverages, as well as high exposure to
international markets at about 75% of revenues. Mondelez's leverage
is expected to remain relatively stable in the mid 3x range over
the next 12-24 months, barring any significant acquisition.

General Mills' 'BBB' ratings reflect the company's global scale,
strong brands, high EBITDA margin and solid FCF offset by sustained
elevated leverage for the rating category following the company's
acquisition of Blue Buffalo and weak volume trends across most
business segments, excluding Asia & Latin America. The Negative
Outlook reflects risk that gross leverage (total debt/ operating
EBITDA) remains above 3.5x in fiscal 2021. A combination of weak
volume trends and inflationary pressures has led Fitch to continue
to project EBITDA in the range of $3.6 billion to $3.8 billion. In
order for Fitch to stabilize its Outlook on General Mills, the
company would need to reduce gross debt/EBITDA to 3.5x in fiscal
2021 from a projected 3.8x in fiscal 2020, which would company
would need to repay approximately $1.5 billion of additional debt
in fiscal 2021.

Campbell Soup Company's (BBB/Negative) ratings reflect the
company's strong brands, significant market share in several
product categories led by soup, solid profit margin and consistent
FCF generation (post dividends) and Fitch's expectations that gross
leverage (total debt/ EBITDA) will decline to the mid-3.0x in
fiscal 2021 (ending July) and low 3.0x in fiscal 2022 on debt
reduction funded by completed and pending sales of non-core asset
sales and improving FCF driven primarily by cost savings. The
Negative Outlook reflects execution risk associated with the
integration of Snyder's-Lance (Snyder) to improve profitability and
continued weakness in Campbell's meals and beverages segment led by
U.S. soup. Fitch would need to see the base business stabilize and
strong traction on synergies from the Snyder's acquisition to
stabilize its Outlook.

Kellogg Company's (BBB-/Stable) ratings reflect Fitch's
expectations that top line growth will remain flat to modestly
negative, with EBITDA expected to decline mid-single-digits 2020
given the portfolio's exposure to mature developed markets that
account for about 80% of total sales. Leverage is expected to
remain elevated at the high 3x range even with the significant debt
paydown in 2019 using proceeds from the sale of Keebler.

Conagra Brands, Inc.'s (BBB-/Stable) rating recognizes its leading
position in the U.S. packaged food space and its well diversified
brand portfolio. Post its acquisition of Pinnacle Foods, Conagra is
the fourth largest U.S. packaged foods company with fiscal 2019
revenue (pro forma for a full year of Pinnacle results) close to
$11 billion. The portfolio benefits from its concentration in
frozen and refrigerated products and snacks and sweet treats, which
account for about 70% of its portfolio. With recent revenue and
EBITDA margins coming in weaker than expected, Fitch expects EBITDA
to be in the low $2 billion range in fiscal 2020 and fiscal 2021,
with leverage around 4.3x at the end of fiscal 2021. For leverage
to be 4.0x in fiscal 2021, the company's EBITDA would have to be
$2.3 billion or 7% higher than Fitch's projections or the company
would need to look towards asset sales to pay down debt.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Its Rating Case for the Issuer
Assuming No Asset Sales

  -- 2020 revenue of approximately $24 billion, reflecting modest
declines in organic top-line, minor FX tailwinds and business exits
and divestitures. Organic growth is expected to be modestly flat
thereafter.

  -- EBITDA is expected to decline to $5.6 billion in 2020 from
$6.1 billion in 2019 on top-line and investment pressure and remain
in the $5.5 billion range thereafter. Fitch expects EBITDA margin
to be around 23% versus 24% in 2019;

  -- FCF (after dividends) is expected to be around in excess of
$0.5 billion annually;

  -- Fitch estimates that leverage will be remain in the high-4x in
2020 and trend towards mid-4x in 2021 assuming the company uses
cash on hand and FCF towards debt reduction. The company could
accelerate debt reduction with asset sales.

RATING SENSITIVITIES

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

  -- Stabilization in top line and EBITDA trends and significant
debt reduction through FCF deployment, significant asset sales and
potential dividend cuts such that gross debt/EBITDA is sustained
under 4.0x.

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

  -- A downgrade would result from Kraft's inability to stabilize
revenue and EBITDA or execute asset sales such that gross
debt/EBITDA remains elevated above 4.5x.

LIQUIDITY AND DEBT STRUCTURE

Adequate Liquidity: Kraft's key sources of liquidity are its $4
billion revolving credit facility maturing in July 2023, and cash
on hand. As of Dec. 28, 2019, the company had cash and cash
equivalents of $2.3 billion and full availability under its $4.0
billion senior unsecured revolving credit facility. As of Dec. 28,
2019, Kraft Heinz had total debt outstanding of $29.2 billion. The
company has $1 billion of debt due each in 2020 and 2021, which
Fitch expects will be paid down with FCF and cash on hand.

RECOVERY CONSIDERATIONS

Fitch does not employ a waterfall recovery analysis for issuers
assigned ratings in the 'BB' category. The further up the
speculative grade continuum a rating moves, the more compressed the
notching between the specific classes of issuances becomes. Fitch
has rated the second lien secured debt at Kraft Heinz Foods Company
and HJ Heinz Finance UK Plc 'BBB-', and assigned a 'RR2' recovery
rating indicating superior (71%-90%) recovery prospects. Fitch has
rated Kraft Heinz's unsecured revolver and unsecured notes 'BB+'
and assigned a recovery rating of 'RR4', indicating average
(31%-50%) recovery prospects.

SUMMARY OF FINANCIAL ADJUSTMENTS

Financial statement adjustments that depart materially from those
contained in the published financial statements of the relevant
rated entity or obligor must be disclosed:

  -- Stock based compensation, integration and restructuring
expenses, deal costs, gains/losses from sale of business,
unrealized losses/gains on commodity hedges, and impairment
losses.

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.


KRYSTAL COMPANY: Seeks to Use Wells Fargo Cash Collateral
---------------------------------------------------------
The Krystal Company and debtor affiliates ask the Bankruptcy Court
to authorize use of cash collateral for its working capital
requirements, and to pay costs of administration and other general
corporate purposes of the Debtors during the pendency of their
Chapter 11 cases.

Before the Petition Date, Debtor The Krystal Company borrowed funds
from Wells Fargo Bank, National Association, as administrative
agent and certain lenders under a Third Amended and Restated Credit
Agreement dated as of April 26, 2018, as modified.  As of the
Petition Date, the Debtors, on a joint and several basis, owe not
less than $49,551,522 in principal amount under the credit
agreement.  

The Debtors propose that as adequate protection, the agent, lenders
and other secured parties will be granted continuing, valid,
binding, enforceable and perfected first priority liens and
security interests against, in, and on all of the post-petition
collateral to secure any adequate protection obligations.  The
adequate protection liens will be subordinate only to the
pre-petition liens and the prior liens.

Moreover, the Debtors propose that the agent or lenders be granted
an administrative claim allowable under Section 507(a)(2) of the
Bankruptcy Code for the adequate protection obligations which will
be payable from, and have recourse to, the post-petition
collateral, in an amount equal to any diminution in the value of
the respective interests in the pre-petition collateral of the
agent, lenders and other secured parties from and after the
Petition Date.

A copy of the motion is available for free at https://is.gd/VdoPu1
from PacerMonitor.com.

                     About Krystal Company

Founded in Chattanooga, Tennessee, in 1932, The Krystal Company --
http://www.krystal.com/-- is a quick-service restaurant chain with
locations in the Southeastern United States.  It is known for its
small, square hamburgers, served fresh and hot off the grill on the
iconic squarebun at approximately 320 restaurants in nine states.
Krystal's Atlanta-based Restaurant Support Center serves a team of
7,500 employees.

The Krystal Company, and affiliates Krystal Holdings, Inc. and
K-Square Acquisition Co., LLC, sought Chapter 11 protection (Bankr.
N.D. Georg. Case No. No. 20-61065-pwb) on Jan. 19, 2020.

The Debtors tapped King & Spalding LLP as counsel; Scroggins &
Williamson, P.C. as conflicts counsel; Alvarez & Marsal as Interim
Management Provider; and Piper Jaffray as Lead Investment Banker.
Kurtzman Carson Consultants LLC is the claims agent.


LAFITTE LLC: Unsecureds to Have 20% Recovery in DWD Plan
--------------------------------------------------------
DWD-Lafitte, LLC, which owns a 15 percent interest in debtor
LaFitte, LLC d/b/a Sauvage, has proposed a Chapter 11 Plan of
Reorganization for LaFitte, LLC.

The DWD Plan provides for a reorganization of the Debtor’s
financial obligations and affairs.  Under the DWD Plan:

  * DWD will provide the Debtor with a New Capital Investment in
the amount of $755,000, which will be sufficient to fund
Distributions to creditors and parties-in-interest under the DWD
Plan.  Distributions will not depend on profits generated by the
Debtor.

  * Any Statutory Fees owed by the Debtor as of the Effective Date,
together with any applicable interest thereon, will be fully paid
on the Effective Date, and any Statutory Fees, together with any
applicable interest thereon, that may become due after the
Effective Date shall be paid as they become due by the Reorganized
Debtor until the entry of a Final Decree closing the Chapter 11
Case, or until the Chapter 11 Case is converted or dismissed,
whichever occurs earlier.

  * Provident Bank will be paid the full amount of the Allowed
Provident Bank Secured Claim in Class 1 totaling $132,200 on the
Effective Date. The remaining amounts owed by the Debtor to
Provident Bank with respect to the Allowed Provident Bank Secured
Claim will be classified and treated as a Class 2 General Unsecured
Claim.

  * Each Holder of an Allowed General Unsecured Claim in Class 2 or
an Allowed Insider General Unsecured Claims in Class 3 will receive
a first and final Pro Rata Distribution of Cash in an amount equal
to 20% of the Allowed Amount of its Claim on the Effective Date in
full satisfaction of such Claim.

  * The Allowed Interests in Class 4 of Krystof Zizka (42.5%) and
Joshua Boissy (42.5%) and DWD's share (15%) will be cancelled on
the Effective Date.

The primary vehicle for the DWD Plan's implementation is the New
Capital Investment by DWD.  Specifically, DWD has pledged to
contribute $755,000, the money needed to fully fund the
Distributions and other payments contemplated under the DWD Plan
for the benefit of creditors and various parties-in-interest.
Through DWD's New Capital Investment, Distributions to Holders of
Claims will be paid in accordance with the DWD Plan without
reliance on profits from the Reorganized Debtor's operations.

A full-text copy of the DWD's Disclosure Statement dated Jan. 28,
2020, is available at https://tinyurl.com/r3f9mmc from PacerMonitor
at no charge.

DWD-LaFitte is represented by:

        Cullen and Dykman LLP
        Michelle McMahon, Esq.
        Sophia Hepheastou, Esq.
        44 Wall Street
        New York, New York 10005
        Tel: (212) 732-2000
        E-mail: mcmahon@cullenllp.com
                shepheastou@cullenllp.com

             - and -

        David Edelberg, Esq.
        433 Hackensack Ave.
        Hackensack, NJ 07601
        Tel: (201) 488-1300
        E-mail: dedelberg@cullenllp.com

                      About Lafitte LLC

Based in Brooklyn, New York, Lafitte LLC, sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y. Case
No.19-43360) on May 31, 2019. At the time of the filing, the Debtor
had estimated assets of less than $50,000 and liabilities of
between $1,000,001 and $10 million. The case has been assigned to
Judge Elizabeth S. Stong. Douglas J. Pick, Esq., at Pick & Zabicki
LLP, represents the Debtor.


LONE STAR BREWERY: Hires Pulman Cappuccio as Counsel
----------------------------------------------------
Lone Star Brewery Development, Inc., seeks authority from the U.S.
Bankruptcy Court for the Western District of Texas to employ Pulman
Cappuccio & Pullen, LLP, as counsel to the Debtor.

Lone Star Brewery requires Pulman Cappuccio to:

   a. take all necessary actions to protect and preserve the
      Debtors' estates, including the prosecution of actions on
      the Debtors' behalf, the defense of any action commenced
      against the Debtors, the negotiation of disputes in which
      the Debtors are involved, and preparation of objections to
      claims filed against the Debtors' estates;

   b. prepare on behalf of Debtors any necessary applications,
      answers, complaints, motions, objections, responses,
      orders, reports, and any other pleadings and court filings
      in connection with the administration and prosecution of
      the Debtors' Cases;

   c. advise and consult with the Debtors concerning legal
      questions regarding all aspects of the Debtors' Cases,
      including issues regarding administering the bankruptcy
      estates' assets, sale or lease of such assets, claims and
      objections to claims, and any appropriate litigation
      including avoidance actions or affirmative claims of the
      estates against third parties;

   d. assist the Debtors with the formulation of a plan or plans
      of reorganization, including, if necessary, attending and
      assisting in negotiation sessions, discussions and meetings
      with the Debtors' creditors; and

   e. perform all other necessary legal services in connection
      with the Cases.

Pulman Cappuccio will be paid at these hourly rates:

     Randall A. Pulman, Partner              $500
     Thomas Rice, Counsel                    $450
     Amber L. Fly, Associate                 $275
     Paralegal                               $125
     Law Clerk                               $90

Prior to the Petition Date, the Debtor paid $80,000 to Pulman
Cappuccio as retainer for preparation and filing the Chapter 11
Cases. The Firm incurred $13,046 in fees and expenses, which was
applied against the retainer prior to filing the petition. The Firm
holds the remaining $66,954 as a retainer for security against
post-petition fees and expenses.

Pulman Cappuccio will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Randall A. Pulman, a partner at Pulman Cappuccio & Pullen, LLP,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their/its
estates.

Pulman Cappuccio can be reached at:

     Mr. Randall A. Pulman, Esq.
     PULMAN CAPPUCCIO & PULLEN, LLP
     2161 N.W. Military Highway, Suite 400
     San Antonio, TX 78213
     Tel: (210) 222-9494
     Fax: (210) 892-1610
     E-mail: RPulman@pulmanlaw.com

              About Lone Star Brewery Development

Lone Star Brewery Development, Inc. owns in fee simple a 32.25 acre
industrial complex in San Antonio, Texas, having an appraised value
of $30 million.

Lone Star Brewery Development, Inc., based in San Antonio, TX,
filed a Chapter 11 petition (Bankr. W.D. Tex. Case No. 20-50058) on
January 6, 2020.  In the petition signed by Keith Smith, president,
the Debtor disclosed $30,000,030 in assets and $27,133,447 in
liabilities.  The Debtor hires Pulman Cappuccio & Pullen, LLP, as
counsel.


M&T BRYANT CONSTRUCTION: Taps David M. Serafin as Legal Counsel
---------------------------------------------------------------
M&T Bryant Construction and Inspection Services LLC seeks approval
from the U.S. Bankruptcy Court for the District of Colorado to
employ the Law Office of David M. Serafin as its legal counsel.  

The firm will provide these services in connection with the
Debtor's Chapter 11 case:  

   a) prepare pleadings and applications incidental to the
administration of the case;  

   b) develop the relationship of the status of the Debtor to the
claims of its creditors;  

   c) advise the Debtor of its rights, duties and obligations under
the Bankruptcy Code;

   d) take other necessary actions incidental to the proper
preservation and administration of the Debtor's Chapter 11 estate;
and

  e) assist the Debtor in the formulation and presentation of its
disclosure statement and bankruptcy plan.

The Debtor will pay Serafin an hourly fee of $350 and will
reimburse the firm for work-related costs and expenses.   

Serafin and its attorneys neither hold nor represent an interest
adverse to the Debtor's estate, according to court filings.

The firm can be reached through:

   David M. Serafin
   501 S. Cherry St., #1100
   Denver, CO 80246
   Tel. (303) 862-9124
   Email: david@davidserafinlaw.com  

                 About M&T Bryant Construction and
                       Inspection Services

M&T Bryant Construction and Inspection Services, LLC is a single
asset real estate debtor (as defined in 11 U.S.C. Section
101(51B)).  

M&T Bryant Construction filed a Chapter 11 petition (Bankr. D. Col.
Case No. 20-10658) on Jan. 29, 2020.  The petition was signed by
Mark Bryant, president.  At the time of the filing, the Debtor
disclosed assets of between $1 million and $10 million and
liabilities of the same range.

Judge Elizabeth E. Brown oversees the case.  The Law Office of
David Serafin represents the Debtor.


M.H.P. DEVELOPMENT: Taps Scot S. Farthing as Legal Counsel
----------------------------------------------------------
M.H.P. Development, Inc. received approval from the U.S. Bankruptcy
Court for the Western District of Virginia to hire Scot S.
Farthing, Attorney at Law, PC as its legal counsel.

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

The firm's hourly rates are:

     Scot Farthing, Esq.                 $300
     Robert Copeland, Esq.               $300
     Shane Hiatt, associate attorney     $175
     Paraprofessionals                   $100

The firm received $10,000, of which $1,717 was used to pay the
filing fee while $1,910 was used to pay its pre-bankruptcy
attorneys' fees.

Scot Farthing, Esq., disclosed in a court filing that he is
"disinterested" as defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Scot Stewart Farthing, Esq.
     Scot S. Farthing, Attorney at Law, PC
     P.O. Box 1315
     Wytheville, VA 24382
     Tel: 276-625-0222
     Fax: 276-625-0333
     Email: scotf@sfarthinglaw.com
     
                     About M.H.P. Development

Based in Bristol, Virginia, M.H.P. Development, Inc. filed a
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Va. Case No. 19-71672) on Dec. 26, 2019,
estimating under $1 million in assets and liabilities.  Judge Paul
M. Black oversees the case.  Robert Tayloe Copeland, Esq., at Scot
S. Farthing, Attorney At Law, P.C. serves as the Debtor's counsel.


MAISON PREMIERE: Unsecureds to Have 20% Recovery in DWD Plan
------------------------------------------------------------
DWD-LaFitte, LLC, which holds a general unsecured claim against
Maison Premiere Corp., has proposed a plan of reorganization for
Maison Premiere.

The DWD Plan provides for a reorganization of the Debtor's
financial obligations and affairs. Under the DWD Plan:

  * DWD will provide the Debtor with a New Capital Investment in
the amount of at least $725,000 which will be sufficient to fund
Distributions to creditors and parties-in-interest under the DWD
Plan. Distributions will not depend on profits generated by the
Debtor.

  * JPMorgan Chase Bank, NA will be paid the full amount of the
Chase Secured Claim on the Effective Date.

  * TD Auto Finance LLC will be paid the full amount of the TD
Secured Claim on the Effective Date.

  * Each Holder of an Allowed General Unsecured Claim in Class 3 or
an Allowed Insider General Unsecured Claims in Class 4 will receive
a first and final Pro Rata Distribution of Cash in an amount equal
to 20% of the Allowed Amount of its Claim on the Effective Date in
full satisfaction of such Claim.

  * The Allowed Interests in Class 4 of Krystof Zizka (50%) and
Joshua Boissy (50%) will be cancelled on the Effective Date.

The primary vehicle for the DWD Plan's implementation is the New
Capital Investment by DWD.  Specifically, DWD has pledged to
contribute $725,000, the money needed to fully fund the
Distributions and other payments contemplated under the DWD Plan
for the benefit of creditors and various parties-in-interest.
Through DWD’s New Capital Investment, Distributions to Holders of
Claims will be paid in accordance with the DWD Plan without
reliance on profits from the Reorganized Debtor’s operations.

A full-text copy of DWD's Disclosure Statement dated Jan. 28, 2020,
is available at https://tinyurl.com/vkksg7k from PacerMonitor at no
charge.

Counsel for DWD-LaFitte, LLC:

         Cullen and Dykman LLP
         Michelle McMahon, Esq.
         Sophia Hepheastou, Esq.
         44 Wall Street
         New York, New York 10005
         Tel: (212) 732-2000
         E-mail: mcmahon@cullenllp.com
                 shepheastou@cullenllp.com

                 - and -

         David Edelberg, Esq.
         433 Hackensack Avenue
         Hackensack, New Jersey 07601
         Tel: (201) 488-1300
         E-mail: dedelberg@cullenllp.com

                  About Maison Premiere Corp.

Maison Premiere -- https://maisonpremiere.com/ -- owns and operates
an oyster bar, cocktail den & seafood restaurant in Brooklyn, New
York. Sauvage -- https://sauvageny.com/ -- is a restaurant in
Greenpoint, New York, that serves breakfast, lunch, dinner, brunch,
wines, cocktails, and desserts.

Maison Premiere Corp., owner of Williamsburg oyster bar Maison
Premiere, and Lafitte LLC, owner of French restaurant Sauvage,
sought Chapter 11 protection (Bankr. E.D.N.Y. Lead Case
Nos.19-43359 and 19-43360) on May 31, 2019. The Hon. Elizabeth S.
Stong is the case judge. PICK & ZABICKI LLP is the Debtors'
counsel.


MCP REAL ESTATE: March 4 Plan & Disclosure Hearing Set
------------------------------------------------------
Debtor MCP Real Estate Holding, LLC, filed with the U.S. Bankruptcy
Court for the Southern District of West Virginia an Amended
Disclosure Statement and Chapter 11 Plan on January 20, 2020.

On Jan. 28, 2020, Judge Frank W. Volk conditionally approved the
Disclosure Statement and established the following dates and
deadlines:

  * Feb. 26, 2020, is fixed as the last day to file with the Court,
and any written objection to the Disclosure Statement.

  * Feb. 26, 2020, is fixed as the last day to file with the Court,
and serve any written objection to confirmation of the Chapter 11
Plan.

  * Feb. 26, 2020, is fixed as the last day to file acceptances or
rejections of the Chapter 11 Plan.

  * March 4, 2020, at 1:30 p.m. n Bankruptcy Courtroom A, 6400
Robert C. Byrd United States Courthouse, 300 Virginia Street East,
Charleston, West Virginia, to consider and act upon final approval
of the Disclosure Statement and any objection thereto, and
confirmation of the Chapter 11 Plan and any objection thereto.

A full-text copy of the order dated Jan. 28, 2020, is available at
https://tinyurl.com/tr94ahe from PacerMonitor at no charge.

                    About MCP Real Estate

MCP Real Estate Holding, LLC, owner of a 129.7-acre tract with
nearly complete townhouses near Rt. 50 Clarksburg, West Virginia,
filed a Chapter 11 bankruptcy petition (Bankr. S.D. W.Va. Case
No.19-30026) on Jan. 23, 2019, listing under $50,000 in both assets
and liabilities. The Debtor hired Pepper & Nason as attorney.


MDM HOLDINGS: Unsecureds to Get $500 Per Month Until Paid in Full
-----------------------------------------------------------------
Debtor MDM Holdings, Inc., filed the Second Amended Disclosure
Statement with respect to Debtor's Plan of Reorganization.

As to Class 4 Administrative Claims of Professionals, to the extent
the Debtor cannot pay the claimants in this Class in full within
120 days of the Effective Date, and to the extent that the
claimants consent to such treatment, the Debtor will begin making
monthly payments of $1,000.00, split on a pro-rata basis between
all claimants on their approved claim amounts until the total
allowed claims in this class are paid in full.

Class 6 General Unsecured Claims owed $100,955 are impaired
although they will be paid in full.  Beginning on the Effective
Date, the Debtor will commence equal monthly payments of $500,
split and apportioned to the creditors in the Class.  The allowed
claims will each receive a pro rata split of every $500 payment
amount based on their claim's proportionate share of the total
allowed claims in the class on the date that each individual
monthly payment's issuance.  Monthly payments of $500 will continue
until all allowed claims in this Class are paid in full.

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

A full-text copy of the Second Amended Disclosure Statement dated
January 28, 2020, is available at https://tinyurl.com/rr3obuk from
PacerMonitor at no charge.

The Debtor is represented by:

       Tazewell T. Shepard III
       Tazewell T. Shepard IV
       SPARKMAN, SHEPARD & MORRIS, P.C.
       P.O. Box 19045
       Huntsville, AL 35804
       Tel: (256) 512-9924
       Fax: (256) 512-9837

                      About MDM Holdings

MDM Holdings Inc. is a full-service sign company located in
Decatur, Alabama. Sole shareholder, Michael McKeon, formed the
company in November 2016. The company designs, fabricates and
installs most forms of signage including outdoor, indoor and wide
format print signs. Its business is currently located at 1950
Central Parkway, in Decatur, Alabama 35601.

MDM Holdings, Inc., sought Chapter 11 protection (Bankr. N.D. Ala.
Case No. 19-82531) on Aug. 22, 2019, estimating less than $1
million in both assets and liabilities.  SPARKMAN, SHEPARD &
MORRIS, P.C., is the Debtor's counsel.


MOHIN ENTERPRISES: Unsec. Creditors to Recover 10% in Plan
----------------------------------------------------------
Mohin Enterprises, Inc., filed a Combined Plan of Reorganization
and Disclosure Statement.

The Plan provides that the Debtor will pay all priority and secured
claims in full.  General unsecured creditors will be paid 10% of
their allowed claims.  The Plan will be funded from future earnings
of the Debtor.

A full-text copy of the Combined Plan of Reorganization Disclosure
Statement dated Feb. 7, 2020, is available
at https://tinyurl.com/vqqfv2b from PacerMonitor.com at no
charge.

Attorneys for the Debtor:

     Timothy P. Neumann, Esq.
     Broege, Neumann, Fischer & Shaver, LLC
     25 Abe Voorhees Drive
     Manasquan, New Jersey 08736
     Tel: (732) 223-8484
     E-mail: timothy.neumann25@gmail.com

                   About Mohin Enterprises

Mohin Enterprises, Inc., operates a 7-Eleven franchise in Monmouth
County, New Jersey.  It filed a Chapter 11 bankruptcy petition
(Bankr. D.N.J. Case No. 19-25690) on Aug. 13, 2019.  Judge
Christine M. Gravelle oversees the Debtor's bankruptcy case.
BROEGE, NEUMANN, FISCHER & SHAVER LLC is counsel to the Debtor.


N & B MANAGEMENT: March 10 Disclosure Statement Hearing Set
-----------------------------------------------------------
On Jan. 27, 2020, Jeffrey J. Sikirica, Trustee, filed with the U.S.
Bankruptcy Court for the Western District of Pennsylvania the N & B
Management Company, LLC and its Debtor Affiliates' Disclosure
Statement, Plan Summary and Plan.

On Jan. 28, 2020, Judge Carlota M. Bohm ordered that:

  * March 3, 2020, is the last day for filing and serving
Objections to the Disclosure Statement pursuant to Fed.R.Bankr.P.
3017(a) and to file a Request for Payment of an Administrative
Expense.

  * March 10, 2020, at 1:30 p.m. is the hearing to consider the
approval of the Disclosure Statement shall be held in Courtroom B,
54th Floor U.S. Steel Tower, 600 Grant Street, Pittsburgh, PA
15219.

A full-text copy of the order dated January 28, 2020, is available
at https://tinyurl.com/u968kpc from PacerMonitor at no charge.

                  About N & B Management Co

N & B Management Company, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. W.D. Pa. Case No. 16-24728) on Dec. 23, 2016,
estimating less than $1 million in assets and liabilities.  Francis
E. Corbett, Esq., is the Debtor's counsel.  

Jeffrey Sikirica was appointed Chapter 11 trustee in the Debtor's
case on May 15, 2018.  The Chapter 11 trustee is represented by
Jeffrey J. Sikirica, Esq., in Gibsonia, Pennsylvania.


NEW YORK HELICOPTER: Hires Pulvers Pulvers as Special Counsel
-------------------------------------------------------------
New York Helicopter Charter, Inc., seeks authority from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Pulvers Pulvers & Thompson, LLP, as special counsel to the Debtor.

On March 11, 2014, the Debtor commenced an action (the "2014
Action") against Peter Borneman, a/k/a Pete Borneman, d/b/a
Aircraft Maintenance Specialists (collectively, "Borneman"), in the
Supreme Court of the State of New York, County of New York, Index
No. 152189/2014.

On April 28, 2016, the Debtor commenced an action (the "2016
Action") against Peter Borneman, d/b/a Aircraft Maintenance
Specialists, Aircraft Maintenance Specialists, Inc. ("AMS"), and
Keystone Turbine Services, LLC ("Keystone"), in the Supreme Court
of the State of New York, County of New York, Index No.
153595/2016.

By Order dated January 18, 2017, Borneman's motion to dismiss the
2016 Action on the basis of a prior pending action was denied and
the Debtor's cross-motion to consolidate the 2016 Action with the
2014 Action was granted.

On March 27, 2019, after the Appellate Division stay was lifted,
the State Court entered a Compliance Conference Order, and the
parties completed depositions in accordance with that order.

On August 7, 2019, counsel for the Debtor in the consolidated State
Court actions moved to be relieved as counsel due to an alleged
failure to comply with its payment obligations under the
agreed-upon retainer agreement. By Order dated August 19, 2019, the
relief requested in the motion to withdraw was approved and the
Debtor was directed to find new counsel within thirty (30) days of
notice of the order.

New York Helicopter requires Pulvers Pulvers to represent the
Debtor in the 2014 Action and the 2016 Action.

Pulvers Pulvers will be paid 40% of the sum recovered by the Firm
in the 2014 and 2016 Action, net of unpaid costs and disbursements,
whether through litigation to judgment, settlement or otherwise.

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

Marc Thompson, partner of Pulvers Pulvers & Thompson, LLP, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Pulvers Pulvers can be reached at:

     Marc Thompson, Esq.
     PULVERS PULVERS & THOMPSON, LLP
     950 3rd Ave, Suite 1100
     New York, NY 10022
     Tel: (347) 699-3923

              About New York Helicopter Charter

New York Helicopter Charter Inc., a provider of helicopter tours
and charters, sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. N.Y. Case No. 19-13238) on Oct. 11, 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 Sean H. Lane.

The Debtor tapped White & Wolnerman, PLLC as its legal counsel;
Bauman Law Group P.C. as litigation counsel; Pulvers Pulvers &
Thompson, LLP, as special counsel; and Nussbaum Yates Berg Klein &
Wolpow, LLP, as its accountant.


NORTH VALLEY DERMATOLOGY: Taps Felderstein Fitzgerald as Counsel
----------------------------------------------------------------
North Valley Dermatology Ctr. seeks approval from the Bankruptcy
Court to employ Felderstein Fitzgerald Willoughby Pascuzzi & Rios
LLP as its bankruptcy counsel.

The firm will provide these legal services:

   a. advise and represent the Debtor with respect to all matters
and proceedings in its Chapter 11 case;

   b. assist the Debtor in all bankruptcy-related issues which may
arise in the operation of its business, including negotiations with
creditors, interest groups and any official committee of unsecured
creditors; and

   c. prepare and seek confirmation of the Debtor's plan of
liquidation.

Felderstein will be paid at these rates:

    Managing Partner/Partner        $425 to $495 per hour
    Counsel                             $395 per hour
    Associate                           $350 per hour
    Legal Assistant                     $195 per hour
    Of Counsel                          $625 per hour

The firm also will bill the estate for work-related expenses
incurred.

Jason Rios, Esq., a partner at Felderstein, declared that the firm
neither holds nor represents any interest materially adverse to the
interests of the Debtor's bankruptcy estate, creditors and equity
security holders.

The firm can be reached through:

   Jason E. Rios,
   Jennifer E. Niemann,
   Felderstein Fitzgerald Willoughby Pascuzzi & Rios LLP
   500 Capitol Mall, Suite 2250
   Sacramento, CA  95814
   Telephone: (916) 329-7400
   Facsimile: (916) 329-7435
   Email: jrios@ffwplaw.com
          jniemann@ffwplaw.com

                About North Valley Dermatology Ctr.

North Valley Dermatology Ctr. filed a Chapter 11 petition (Bankr.
E.D. Cal. Case No. 20-20457) on Jan. 28, 2020.  At the time of the
filing, the Debtor had estimated assets of between $100,001 and
$500,000 and liabilities of $1 million to $10 million.  
Judge Christopher M. Klein oversees the case.  Felderstein
Fitzgerald Willoughby Pascuzzi & Rios, LLP represents the Debtor as
legal counsel.


NORTHERN DYNASTY: Kopernik Global Has 7.9% Stake as of Dec. 31
--------------------------------------------------------------
Kopernik Global Investors, LLC, disclosed in an amended Schedule
13G filed with the Securities and Exchange Commission that as of
Dec. 31, 2019, it beneficially owns 33,397,284 shares of common
stock of Northern Dynasty Minerals LTD., which represents 7.90% of
the shares outstanding.  The Securities reported are beneficially
owned by investment advisory clients which may include investment
companies registered under the Investment Company Act and/or other
separately managed accounts.  No such person beneficially owns over
5%.  A full-text copy of the regulatory filing is available for
free at:

                        https://is.gd/JmyBH9

                   About Northern Dynasty Minerals

Northern Dynasty -- http://www.northerndynastyminerals.com/-- is a
mineral exploration and development company based in Vancouver,
Canada.  Northern Dynasty's principal asset, owned through its
wholly-owned Alaska-based US subsidiary Pebble Limited Partnership,
is a 100% interest in a contiguous block of 2,402 mineral claims in
southwest Alaska, including the Pebble deposit. The Company is
listed on the Toronto Stock Exchange under the symbol "NDM" and on
the NYSE American Exchange under the symbol "NAK".

Northern Dynasty reported a net loss of C$15.95 million for the
year ended Dec. 31, 2018, compared to a net loss of C$64.86 million
for the year ended Dec. 31, 2017.  As of Dec. 31, 2018, the Company
had C$161.92 million in total assets, C$13.71 million in total
liabilities, and C$148.21 million in total equity.

Deloitte LLP, in Vancouver, Canada, the Company's auditor since
2009, issued a "going concern" qualification in its report dated
April 1, 2019, on the Company's consolidated financial statements
for the year ended Dec. 31, 2018, stating that the Company incurred
a net loss during the year ended Dec. 31, 2018 and, as of that
date, the Company's consolidated deficit was $487 million.  These
conditions, along with other matters, raise substantial doubt about
its ability to continue as a going concern.


PA CO-MAN INC: Hires Robert O Lampl as Counsel
----------------------------------------------
Pa Co-Man, Inc., seeks authority from the U.S. Bankruptcy Court for
the Western District of Pennsylvania to employ Robert O Lampl Law
Office, as counsel to the Debtor.

Pa Co-Man, Inc.requires Robert O Lampl to:

   a. assist in the administration of the Debtor's Estate;

   b. represent the Debtor on matters involving legal issues that
      are present or are likely to arise in the case;

   c. prepare any legal documentation on behalf of the Debtor;

   d. review reports for legal sufficiency; and

   e. furnish information on legal matters regarding legal
      actions and consequences and for all necessary legal
      services connected with Chapter 11 proceedings including
      the prosecution and defense of any adversary proceedings.

Robert O Lampl will be paid at these hourly rates:

     Robert O Lampl              $450
     John P. Lacher              $400
     David L. Fuchs              $375
     Ryan J. Cooney              $300
     Sy O. Lampl                 $250
     Paralegal                   $150

Robert O Lampl will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Robert O Lampl, partner of Robert O Lampl Law Office, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Robert O Lampl can be reached at:

     Robert O Lampl, Esq.
     ROBERT O LAMPL LAW OFFICE
     223 Fourth Avenue, 4th Fl.
     Pittsburgh, PA 15222
     Tel: (412) 392-0330
     Fax: (412) 392-0335
     E-mail: rlampl@lampllaw.com

                     About Pa Co-Man Inc.

Pa Co-Man, Inc., based in Pittsburgh, PA, filed a Chapter 11
petition (Bankr. W.D. Pa. Case No. 20-20422) on Feb. 4, 2020.  In
the petition signed by Peter Tsudis, president, the Debtor was
estimated to have up to $50,000 in assets and $10 million to $50
million in liabilities.  Robert O Lampl, Esq., at Robert O Lampl
Law Office, serves as bankruptcy counsel.


PERFECT BROW: March 10 Plan & Disclosure Hearing Set
----------------------------------------------------
Debtors Perfect Brow Art, Inc., et al. and the Official Committee
of Unsecured Creditors filed with the U.S. Bankruptcy Court for the
Northern District of Illinois, Eastern Division, a joint motion
seeking conditional approval of Disclosure Statement and Combined
Hearing to approve Disclosure Statement & Confirm Plan.

On January 28, 2020, Judge Donald R. Cassling ordered that:

  * The Motion is granted.

  * The Disclosure Statement is approved on a conditional basis.

  * The Combined Hearing will be held on March 10, 2020, at 10:30
a.m.

  * March 3, 2020, is the deadline to file any objections to the
Disclosure Statement or Plan.

  * March 3, 2020, is the deadline to submit ballots accepting or
rejecting the Plan.

A full-text copy of the order dated January 28, 2020, is available
at https://tinyurl.com/seowhp2 from PacerMonitor at no charge.

Counsel to Debtors:

        Harold Israel
        Jamie L. Burns
        Levenfeld Pearlstein, LLC
        2 N. LaSalle St., Ste. 1300
        Chicago, IL 60602
        Phone: (312)346-8380

Counsel to the Official Committee of Unsecured Creditors:

        Jonathan Friedland
        Elizabeth B. Vandesteeg
        Michael A. Brandess
        Jack O'Connor
        SUGAR FELSENTHAL GRAIS & HELSINGER LLP
        30 N. LaSalle St., Ste. 3000
        Chicago, Illinois 60602
        Telephone: 312.704.9400
        Facsimile: 312.372.7951

                      About Perfect Brow Art

Perfect Brow Art, Inc., a company based in Highland Park, Ill., and
its affiliates sought Chapter 11 protection (Bankr. N.D. Ill. Lead
Case No. 19-01811) on Jan. 22, 2019.  In the petitions signed by
Elizabeth Porikos-Gorgees, president and sole shareholder, Perfect
Brow Art was estimated to have $1 million to $10 million in both
assets and liabilities while its affiliate P.B. Art Franchise
estimated assets of less than $50,000 and liabilities of less than
$500,000.

Judge Carol A. Doyle oversees the cases.  

The Debtors tapped Goldstein & McClintock LLLP as their bankruptcy
counsel, and Stretto as their claims and noticing agent.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on Feb. 13, 2019. The committee tapped Sugar
Felsenthal Grais & Helsinger LLP as its legal counsel.


PETROSHARE CORP: Unsecureds to Recover 6.9% to 11.6% in Plan
------------------------------------------------------------
PetroShare Corp. and CFW Resources, LLC, filed a Chapter 11 plan
provides for

   (1) a sale of 100% of the Debtors' assets, including real
property, receivables, December 2019 production proceeds, the
Corporate Shell (which  may be sold pursuant to a contribution of
new value by Equity Holders under the Plan at a price agreeable to
the Plan Sponsors), royalties and overriding royalties held by CFW
and any Cash in the Estates and remaining Cash in the Distribution
Fund or the Carve-Out Fund after all  Distributions have been made,
to Providence Wattenberg, LP and 5NR Wattenberg, LLC in their
capacity as Plan Sponsors,

   (2) the Plan Sponsors' contribution to the GUC Recovery Fund to
the PetroShare Creditor Trust in  exchange for a full and complete
release of the Plan Sponsors,

   (3) Providence Energy's contribution to the GUC Recovery Fund to
the PetroShare Creditor Trust, including subordination of its Class
4 Secured Claim below Class 5 General Unsecured Claims in exchange
for full and complete releases of Providence Energy,

   (4) the subordination to Class 5 General Unsecured Claims of all
unsecured claims held or controlled by both Liberty and 1888,

   (5) the preservation and retention of certain Retained Claims
for the benefit of the PetroShare Creditor Trust and Class 5
General Unsecured Claims, and  

   (6) the Distribution to holders of Allowed Claims in accordance
with  the priority scheme established by the Bankruptcy Code and
the terms of the Plan.

Class 2 Prepetition Lenders Secured Claims, totaling $14,299,435,
have a projected recovery of 100%. The Prepetition Lenders' Secured
Claim will be Allowed and, on the Effective Date, will receive, in
full satisfaction, settlement, release, and discharge of and in
exchange for such Allowed Class 2 Claim, the Acquired Assets.

Classes 3A to 3H W&E Lienholder Claims, in the amounts of
$1,104,534; $6,145,662; $216,454; $445,717; $365,150; $246,607 and
$358,636, are all IMPAIRED with projected recovery of 100%.
Receipt of a W&E Note from the Plan Sponsors secured by the assets
securing such W&E Lienholders' Claim prepetition.

Class 4 Providence Energy Secured Claims is IMPAIRED.  Providence
Energy will fully subordinate treatment and any recoveries on
account of its Secured Class 4 Claim to the Class 5 Allowed General
Unsecured Claims, and Providence Energy shall not receive any
recovery or distribution under this Plan unless and until all
holders of Allowed Class 5 General Unsecured Claims are paid in
full with interest at the federal judgment rate.

Class 5 General Unsecured Claims, totaling $21,759,651 (inclusive
of $9.3 million of convertible note claims), are impaired.  The
class will have a projected recovery of 6.9% to 11.6%. Each Holder
of an Allowed Claim in Class 5, shall receive, in full
satisfaction, settlement, release, and discharge of and in exchange
for such Allowed Claims, a pro rata distribution from the GUC
Recovery Fund (including any pro rata distribution from proceeds
resulting from any Retained Claims).

No Distributions will be made to holders of Equity Interests in
Class 7.

It is anticipated that the amounts budgeted and set aside in the
Approved Budget plus the $1.5 million paid by the Plan sponsors to
the GUC Recovery Fund shall be sufficient to fund all required
payments under the Plan. Any excess will be promptly turned over to
the Plan Sponsors pursuant to the terms of the Plan.

A full-text copy of the Disclosure Statement dated February 1,
2020, is available at https://tinyurl.com/wkqpgad from
PacerMonitor.com at no charge.

Counsel to the Debtors:

     Trey Monsour
     POLSINELLI PC
     1000 Louisiana Street, Suite 6400
     Houston, TX 77002
     Telephone: (713) 374-1643
     E-mail: tmonsour@polsinelli.com

         - and -

     Caryn E. Wang
     1201 West Peachtree Street NW, Suite 1100
     Atlanta, Georgia 30309
     Telephone: (404) 253-6016
     E-mail: cewang@polsinelli.com

                     About PetroShare Corp.
                                                                   
      Colorado-based PetroShare Corp. (OTCQB:PRHR) --
http://www.petrosharecorp.com/-- investigates, acquires, and
develops crude oil and natural gas properties in the Rocky Mountain
or mid-continent portion of the United States, specifically focused
in the Denver-Julesburg Basin in northeast Colorado.

On Sept. 4, 2019, PetroShare Corp. and affiliate CFW Resources LLC
sought Chapter 11 protection (Bankr. D. Colo. Lead Case No.
19-17633).

As of June 30, 2019, PetroShare Corp. disclosed $36,927,856 in
assets and $45,100,988 in liabilities.

The Debtors tapped Polsinelli PC as legal counsel; BMC Group, Inc.,
as claims and noticing agent; Gordian Group, LLC as investment
banker; and MACCO Restructuring Group LLC as financial advisor.
Mr. Drew McManigle from MACCO has been retained by the Debtors as
chief restructuring officer.


PETTUS PROPERTIES: Unsecureds Will be Paid in Full
--------------------------------------------------
Pettus Properties, LLC, filed a First Amended Chapter 11 Plan of
Reorganization.

Class 1 will consist of the Allowed Secured Claim of National Loan
Investors, L.P. in the amount of $466,246.  The Debtor agrees to
list the properties for sale and shall apply the sales proceeds to
payment of the debt to National Loan Investors, L.P., which has a
valid, first priority lien on each. Regardless of the status of
property sales, the Debtor shall be obligated as follows: to reduce
the total amount of the loan by 50% within 12 months of the
Effective Date; to reduce the remaining loan amount by 50% during
the following 6 months; and to retire the remaining balance of the
loan within 24 months from the Effective Date.

Class 2 consists of the allowed unsecured claims of all other
unsecured creditors.  The claims will be paid from 50 percent of
the Net Plan Profits (as defined in the Plan) of the Debtor for
five years or until paid in full.

Class 3 shall consist of the equity position of members Don Pettus
and Patricia Pettus in the Debtor.  The members, or their assigns,
will receive no equity distribution unless and until Class 1 and/or
Class 2 is paid in full.

Operations of the Debtor will fund the Plan.

A full-text copy of the First Amended Chapter 11 Plan of
Reorganization dated Feb. 7, 2020, is available
at https://tinyurl.com/tme5fh8 from PacerMonitor.com at no
charge.

Attorney for the Debtor:

     Stuart M. Maples
     MAPLES LAW FIRM, PC
     200 Clinton Avenue West, Suite 1000
     Huntsville, Alabama 35801
     Tel: (256) 489-9779
     Fax: (256) 489-9720
     E-mail: smaples@mapleslawfirmpc.com

                    About Pettus Properties

Pettus Properties, LLC, owns real estate located in Hartselle,
Alabama, which properties are currently leased to various tenants,
filed a Chapter 11 bankruptcy petition (Bankr. N.D. Ala. Case No.
19-80926) on March 25, 2019, disclosing under $1 million in both
assets and liabilities.  The Debtor is represented by Stuart M.
Maples, Esq., at Maples Law Firm, P.C.


PG&E CORP: Shareholders-Backed Plan Targeting May Confirmation
--------------------------------------------------------------
On Jan. 31, 2020, PG&E Corporation and Pacific Gas and Electric
Company (the "Debtors"), and certain funds managed by Abrams
Capital Management, LP and Knighthead Capital Management, LLP (the
"Shareholder Proponents") filed a Joint Chapter 11 Plan of
Reorganization.  The Plan Proponents filed a Disclosure Statement
on Feb. 7, 2020.

A hearing to consider approval of the Disclosure Statement will be
held before the Honorable Dennis Montali, United States Bankruptcy
Judge, on March 10, 2020 at 10:00 a.m. (Prevailing Pacific Time),
and, if needed, March 11, 2020 at 10:00 a.m. (Prevailing Pacific
Time), in Courtroom 17 of the United States Bankruptcy Court for
the Northern District of California, San Francisco Division, 450
Golden Gate Avenue, 16th Floor, San Francisco, California 94102.

Objections to approval of the Proposed Disclosure Statement are due
no later than 4:00 p.m. on Feb. 28, 2020 (Prevailing Pacific Time)

Objections of any other parties must be filed and served no later
than 4:00 p.m. on March 6, 2020 (Prevailing Pacific Time).

Feb. 21, 2020 at 4:00 p.m. (Prevailing Pacific Time) is the
deadline for filing any objection to, or request for estimation of,
a Claim for purposes of voting on the Plan.

May 15, 2020 at 4:00 p.m. (Prevailing Pacific Time) is the deadline
for (i) submitting Ballots to accept or reject the Plan and (ii)
filing and serving objections to Plan confirmation.

May 27, 2020 at 10:00 a.m. (Prevailing Pacific Time) is the first
day of Plan confirmation hearing.

                        Fire Victim Trust

Under the Plan, the following will be transferred to a trust to
satisfy Fire Victim Claims (the "Fire Victim Trust"):

  1. $5.4 billion in Cash on the Effective Date of the Plan;

  2. An additional $1.35 billion in Cash, consisting of (i) $650
million to be paid in Cash on or before January 15, 2021 pursuant
to a Tax Benefits Payment Agreement, and (ii) $700 million to be
paid in Cash on or before Jan. 15, 2022 pursuant to a Tax Benefits
Payment Agreement;

  3. $6.75 billion in common stock of Reorganized PG&E Corp. (using
an equity value equal to 14.9 multiplied by the Normalized
Estimated Net Income as of a date to be agreed upon among the
parties to the Tort Claimants RSA), representing not less than
20.9% of the outstanding common stock of Reorganized PG&E Corp. as
of the Effective Date;

  4. The assignment to the Fire Victim Trust of certain claims that
the Fire Victim Trust may pursue for the benefit of holders of Fire
Victim Claims; and

  5. The assignment of rights under the 2015 Insurance Policies to
resolve any Claims related to Fires in those policy years, other
than the rights of the Debtors to be reimbursed under the 2015
Insurance Policies for claims submitted prior to the Petition Date.


The sole source of recovery for holders of Fire Victim Claims is
the Fire Victim Trust.

The Plan provides for (i) payment of $13.5 billion in cash and
stock to settle and resolve in full all prepetition Fire Victim
Claims; (ii) payment of $11 billion to settle and resolve all
Subrogation Claims; (iii) payment of $1 billion to settle and
resolved the Public Entities Wildfire Claims; (iv) satisfaction or
Reinstatement of all prepetition funded debt obligations; (v)
payment in full of all prepetition trade claims and
employee-related claims; (vi) the assumption of all power purchase
agreements and community choice aggregation servicing agreements;
(vii) the assumption of all pension obligations, collective
bargaining agreements, and other employee obligations, to the
benefit of the Debtors’ 23,000 employees; (viii) participation in
the Go-Forward Wildfire Fund; and (ix) flexible options for
emergence financing, permitting the Debtors to obtain a substantial
infusion of cash raised from marketed equity offerings, a Rights
Offering to shareholders or, if necessary, a draw-down from the
Equity Backstop Commitment Letters.

A central component of the Plan is approximately $47.1 billion of
capital to be provided through any combination of (i) new credit
facilities, including exit revolving loan facilities, senior term
loan facilities and/or bridge loan facilities; (ii) new debt
securities issued by the Utility (the "New Utility Notes"); (iii)
new debt securities issued by HoldCo (the "New Holdco Notes" and,
together with the New Utility Notes, the "New Debt Securities");
(iv) issuance of new PG&E Corp. common stock ("New HoldCo Common
Stock") pursuant to one or more public or private equity offerings
and/or the Rights Offering (if implemented); (v) the reinstatement
of certain of the Utility's prepetition debt in accordance with the
existing terms of such prepetition debt; and (vi) the exchange of
certain of the Utility's prepetition debt for new debt (the capital
sources described in the foregoing (i) through (vi), collectively,
the "Plan Financing Sources").  The capital resulting from the Plan
Financing Sources will allow the Debtors to consummate the Plan,
and will position them as a stronger utility for years to come.

General Unsecured Claims are UNIMPAIRED in the Plan.  Each holder
of an Allowed General Unsecured Claim to be paid in full on the
Effective Date. The Allowed amount of any General Unsecured Claim
will include all interest accrued from the Petition Date through
the Effective Date at the Federal Judgment Rate.

A full-text copy of the Disclosure Statement dated February 7,
2020, is available at https://tinyurl.com/rl95m8z from
PacerMonitor.com at no charge.

Attorneys for the Debtors:

     Stephen Karotkin
     Ray C. Schrock, P.C.
     Jessica Liou
     Matthew Goren
     WEIL, GOTSHAL & MANGES LLP
     767 Fifth Avenue
     New York, NY 10153-0119
     Tel: 212 310 8000
     Fax: 212 310 8007
     E-mail: stephen.karotkin@weil.com
             ray.schrock@weil.com
             jessica.liou@weil.com
             matthew.goren@weil.com

            - and -

     Tobias S. Keller
     Jane Kim
     KELLER & BENVENUTTI LLP
     650 California Street, Suite 1900
     San Francisco, CA 94108
     Tel: 415 496 6723
     Fax: 650 636 9251
     E-mail: tkeller@kellerbenvenutti.com
             jkim@kellerbenvenutti.com

Attorneys for Shareholder Proponents:

     Bruce S. Bennett
     Joshua M. Mester
     James O. Johnston
     JONES DAY
     555 South Flower Street
     Fiftieth Floor Los Angeles,
     CA 90071-2300
     Tel: 213 489 3939
     Fax: 213 243 2539
     E-mail: bbennett@jonesday.com
             jmester@jonesday.com
             jjohnston@jonesday.com

                    About PG&E Corporation

PG&E Corporation (NYSE: PCG) -- http://www.pgecorp.com/-- is a
Fortune 200 energy-based holding company, headquartered in San
Francisco. It is the parent company of Pacific Gas and Electric
Company, an energy company that serves 16 million Californians
across a 70,000-square-mile service area in Northern and Central
California.

As of Sept. 30, 2018, the Debtors, on a consolidated basis, had
reported $71.4 billion in assets on a book value basis and $51.7
billion in liabilities on a book value basis.

PG&E Corp. and Pacific Gas employ approximately 24,000 regular
employees, approximately 20 of whom are employed by PG&E Corp.  Of
Pacific Gas' regular employees, approximately 15,000 are covered by
collective bargaining agreements with local chapters of three labor
unions: (i) the International Brotherhood of Electrical Workers;
(ii) the Engineers and Scientists of California; and (iii) the
Service Employees International Union.

On Jan. 29, 2019, PG&E Corp. and its primary operating subsidiary,
Pacific Gas and Electric Company, filed voluntary Chapter 11
petitions (Bankr. N.D. Cal. Lead Case No. 19-30088).

PG&E Corporation and its regulated utility subsidiary, Pacific Gas
and Electric Company, said they are facing extraordinary challenges
relating to a series of catastrophic wildfires that occurred in
Northern California in 2017 and 2018.  The utility said it faces an
estimated $30 billion in potential liability damages from
California's deadliest wildfires of 2017 and 2018.

Weil, Gotshal & Manges LLP and Cravath, Swaine & Moore LLP are
serving as PG&E's legal counsel, Lazard is serving as its
investment banker and AlixPartners, LLP is serving as the
restructuring advisor to PG&E.  Prime Clerk LLC is the claims and
noticing agent.

In order to help support the Company through the reorganization
process, PG&E has appointed James A. Mesterharm, a managing
director at AlixPartners, LLP, and an authorized representative of
AP Services, LLC, to serve as Chief Restructuring Officer.  In
addition, PG&E appointed John Boken also a Managing Director at
AlixPartners and an authorized representative of APS, to serve as
Deputy Chief Restructuring Officer.  Mr. Mesterharm, Mr. Boken and
their colleagues at AlixPartners will continue to assist PG&E with
the reorganization process and related activities. Morrison &
Foerster LLP, as special regulatory counsel.  Munger Tolles & Olson
LLP, as special counsel.

The Office of the U.S. Trustee appointed an official committee of
creditors on Feb. 12, 2019.  The Committee retained Milbank LLP as
counsel; FTI Consulting, Inc., as financial advisor; Centerview
Partners LLC as investment banker; and Epiq Corporate
Restructuring, LLC as claims and noticing agent.

On Feb. 15, 2019, the U.S. trustee appointed an official committee
of tort claimants.  The tort claimants' committee is represented by
Baker & Hostetler LLP.


PIER 1 IMPORTS: Case Summary & 30 Largest Unsecured Creditors
-------------------------------------------------------------
Lead Debtor: Pier 1 Imports, Inc.
             100 Pier 1 Place
             Fort Worth, Texas 76102

Business Description: The Debtors are omni-channel retailers of
                      home decor, furniture, and accessories.
                      Their retail approach has focused on
                      providing the discerning customer a curated
                      mix of home goods from artisans around the
                      world.  The Debtors offer their merchandise
                      through 923 stores throughout the United
                      States and Canada as well as online through
                      their U.S. e-commerce website.  The Debtors
                      are headquartered in Fort Worth, Texas and
                      currently employ approximately 17,000
                      individuals.  Visit www.pier1.com for more
                      information.

Chapter 11 Petition Date: February 17, 2020

Court: United States Bankruptcy Court
       Eastern District of Virginia

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

       Debtor                                    Case No.
       ------                                    --------
       Pier 1 Imports, Inc. (Lead Case)          20-30805
       Pier 1 Value Services, LLC                20-30804
       Pier 1 Assets, Inc.                       20-30806
       Pier 1 Holdings, Inc.                     20-30807
       Pier 1 Imports (U.S.), Inc.               20-30808
       Pier 1 Licensing, Inc.                    20-30809
       Pier 1 Services Company                   20-30810
       PIR Trading, Inc.                         20-30811

Judge: Hon. Kevin R. Huennekens

Debtors' Counsel: Michael A. Condyles, Esq.
                  Peter J. Barrett, Esq.
                  Jeremy S. Williams, Esq.
                  Brian H. Richardson, Esq.
                  KUTAK ROCK LLP
                  901 East Byrd Street, Suite 1000
                  Richmond, Virginia 23219-4071
                  Tel: (804) 644-1700
                  Fax: (804) 783-6192
                  Email: michael.condyles@kutakrock.com
                         peter.barrett@kutakrock.com
                         jeremy.williams@kutakrock.com
                         brian.richardson@kutakrock.com

Debtors'
Co-Counsel:       Joshua A. Sussberg, P.C.
                  Emily E. Geier, Esq.
                  AnnElyse Scarlett Gains, Esq.
                  KIRKLAND & ELLIS LLP
                  KIRKLAND & ELLIS INTERNATIONAL LLP
                  601 Lexington Avenue
                  New York, New York 10022
                  Tel: (212) 446-4800
                  Fax: (212) 446-4900
                  E-mail: joshua.sussberg@kirkland.com
                          emily.geier@kirkland.com
                          annelyse.gains@kirkland.com

                    - and -

                  Joshua M. Altman, Esq.
                  KIRKLAND & ELLIS LLP
                  KIRKLAND & ELLIS INTERNATIONAL LLP
                  300 North LaSalle Street
                  Chicago, Illinois 60654
                  Tel: (312) 862-2000
                  Fax: (312) 862-2200
                  E-mail: josh.altman@kirkland.com

Debtors'
Financial
Advisor:          AP SERVICES, LLC

Debtors'
Investment
Banker:           GUGGENHEIM SECURITIES, LLC

Debtors'
Tax
Advisor:          PRICEWATERHOUSECOOPERS LLP

Debtors'
Notice,
Claims, &
Balloting
Agent and
Administative
Advisor:          EPIQ CORPORATE RESTRUCTURING, LLC
                  https://dm.epiq11.com/case/pio/dockets

Debtors'
Real Estate
Consultant
and Advisor:      A&G REALTY PARTNERS, LLC

Debtors'
Counsel
Under CCAA
Proceedings:      OSLER, HOSKIN & HARCOURT LLP

Total Assets
as of January 2, 2020: $426,585,000

Total Debts
as of January 2, 2020: $258,254,000

The petitions were signed by Robert J. Riesbeck, chief executive
officer of Pier 1 Imports (U.S.), Inc., its sole member.

A full-text copy of Pier 1 Imports, Inc.'s petition is available
for free at:

                       https://is.gd/17QN7k

List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Guangzhou Nanfang                    Trade           $5,588,324
Furniture Co Ltd.
Panyu Dongyong Town
Shiji Industrial Area
Guangdong, China
Contact: Chief Financial Officer
Tel: 020-62856001
Fax: 020-62856003
Email: LLX802@163.com
       joanna86austin@126.com

2. MIFACO Ltd.                          Trade          $2,202,416
57/16 Binh Phuoc A
Binh Chuan Ward
Thuan An, 57 590000
Vietnam
Contact: Chief Financial Officer
Tel: +84 650 711136
Fax: +84 650 711135
Email: baolong@mifaco.com.vn
       info@mifaco.com.vn

3. MAERSK                               Trade           $1,603,979
9300 Arrowpoint Blvd.
Charlotte, NC 28273
Contact: Chief Financial Officer
Tel: 800321-8807
Fax: 704571-4640
Email: joe.rodriguez@sealandmaersk.com

4. Bhati & Company                      Trade           $1,317,705
E524 526 St 10 Mia Basni
Phase II
Jodhpur, RJ 342005
India
Contact: Chief Financial Officer
Tel: 91-291-2748144
Fax: 91-291-2748135
Email: js@bhati.com
       deepak@bhati.com

5. Shenzhen Ouluo                       Trade           $1,274,906
Furniture Co. Ltd.
13 Shahe Rd., Dawan Vlg.
Dakang Community
Henggang Block
Longgang
Shenzhen, GD 518115 China
Contact: Chief Financial Officer
Tel: (86) 755-84262029
Fax:  86-755-84262012
Email: phyllis@novita.net.cn

6. Taurus Home Furnishing LLP           Trade           $1,220,018
Plot No. 166, Sector 5
IMT Manesar
Gurgaon, HR 122051 India
Contact: Chief Financial Officer
Tel: 124-4594900
Email: santosh.singh@taurushome.com
       headoffice@taurushome.com

7. UPS                                  Trade           $1,208,931
28013 Network Place
Chicago, IL 60673-1280
Contact: Chief Financial Officer
Tel: 800333-7400
Fax: 866580-1944
Email: UPGFClaims@upsfreight.com

8. Synergy Home Furnishings LLC         Trade             $989,780
576 East Walnut Street
Ripley, MS 38663
Contact: Chief Financial Officer
Tel: 662993-8400
Fax: 662796-3053

9. Evergreen Freight                    Trade             $971,601
     
15950 Dallas Parkway Ste 700
Attn: Ted Chuang
Dallas, TX 75248
Contact: Chief Financial Officer
Tel: 972246-2271
Fax: 972246-5503
Email: dlsbiz@evergreen- shipping.us

10. Tzeng Shyng Industries Corp.        Trade             $962,940
6F, No. 296, SEC. 4 Xinyi Rd.
Da An District
Taipei, TPE 10679 Taiwan
Contact: Chief Financial Officer
Tel: 886-6-270-2151
Fax: 886-6-270-0399
Email: sarah@tscorp.net.tw

11. IGO Trading Limited                 Trade             $947,903
Rm. 2105, HZ1927, Trend Centre
29-31 Cheung Lee Street
Chai Wan, Eastern Hong KOng
Contact: Chief Financial Officer
Tel: 778-302-0100

12. KYVAS International Co. Ltd.        Trade             $824,626
4F, No. 477-1, SECTN2
Tidingdadau, NEI-Hu, Taipei
Tiding Dadao, Neihu District
Taipei, TPE 11493- Taiwan
Contact: Chief Financial Officer
Tel: 886-2-26572928
Fax: 886-2-26575059
Email: lina1@kyvas.com

13. A&S Services Group, LLC             Trade             $820,827
310 N. Zarfoss Drive
York, PA 17404
Contact: Chief Financial Officer
Tel: 717792-3632
Fax: 717792-3845
Email: billing@askinard.com
       cs@askinard.com

14. ANS                                 Trade             $759,164
1-3 GRD FL, Vhardhaman Chambers
127C Kalyan Str Masjid East
Mumbai, MH 400005 India
Contact: Chief Financial Officer
Tel: +91 22 6611 0000
Fax:  91-22-66341000
Email: mail@ans.co.in

15. Energtic Development Co Ltd         Trade             $717,623
Room 1501, Lippo Centre, Tower 2
89 Qu Eensway
Admi Ralty
Central and Western Honk Kong
Contact: Chief Financial Officer
Tel: 852-25485889
Fax: 852-28552653

16. Dileep Industries PVT Ltd.          Trade             $702,490
584 Mahaveer Nagar
Tonk Road Jaipur
RJ 302018 India
Contact: Chief Financial Officer
Tel: 91-141-5194726
Fax: 91-141-2552599
Email: ashok@dileep.in
       ashokkchoraria@dileep.in

17. Walker Edison                       Trade             $638,354
Furniture Company
4350 W 2100 S
Salt Lake City, UT 84120
Contact: Chief Financial Officer
Tel: 877203-2917
Fax: 801954-0564
Email: service@walkeredison.com

18. Hang Hai Woodcraft's Art            Trade             $617,529
Factory Co Ltd.
Jingfonghuan Industrial
Baishi Madao Sangxiang
Zhongshan, GD 528463 China
Contact: Chief Financial Officer
Tel: 86 0760 6687422

19. Designco                            Trade             $601,559
Lakri Fazalpur Delhi Rd Mini
Bypass Moradabad, UP 24401 India
Contact: Chief Financial Officer
Tel: 1240-666666
Fax: 0591-2483695
Email: designco@designco-india.com

20. Shenyang New Seasons Arts &         Trade             $589,090
Crafts
No. 6 Hui Wuan Road, Hunnan
New and High Tech Industrial
Shenyang, LN 110168
China
Contact: Chief Financial Officer
Tel: +86 (0) 24-2382185
Fax: +86 24  23821853

21. Martco Export Private Limited       Trade             $565,126
NH 24, Lodhipur Rajput
Moradabad, UP 244001 India
Contact: Chief Financial Officer
Tel: 91-591-2223020
Email: accounts@martco.in

22. Sun Co Ltd.                         Trade             $524,860
No. 4 Lane 4 Yecxanh Street
Hai Ba Trung District
Hanoi, HN
Vietnam
Contact: Chief Financial Officer
Tel: 84-4-9724321
Fax: 84-4-9724320
Email: sunco49@gmail.com

23. Minhou Minxing Weaving Co. Ltd.     Trade             $524,708
#56 Xianshanbian, Baisha Town
Minhou Fuzhou, FJ 350102
China
Contact: Chief Financial Officer
Tel: 86-591-22950672
Fax: (86) 59122950675/22950676
Email: amy@minxing.com   

24. Albertina Export and                Trade             $512,998
Import Inc.
5 Skyline Road Paradise Farm
Brgy Tungkong Mangga
San Jose Del Monte, Bul 3023
Philippines
Contact: Chief Financial Officer
Tel: 632-379-8749
Fax: 632-361-1787
Email: info@albertinainc.com

25. Aroma Bay Candles Ltd.              Trade             $506,008
Hung Dao Ward
Duong Kinh District
Haiphong, HP 1800000 Vietnam
Contact: Chief Financial Officer

26. Yang Ming (America) Corp            Trade             $504,705
1085 Raymond Blvd 9th Floor
Newark, NJ 07102
Contact: Chief Financial Officer
Tel: 201420-5800
Fax: 201222-6699
Email: cs@yangming.com
       danshih@my.yangming.com

27. Zim Integrated Shipping Services    Trade             $499,198
5801 Lake Wright Dr
Norfolk, VA 23502
Contact: Chief Financial Officer
Tel: 757228-1400
Fax: 757228-1300
Email: Glickman.Eli@zim.com;
       lubicich.marko@us.zim.com

28. Sterno Home Inc.                    Trade             $498,453
1 Burbidge Street, Suite 101
Coquitlam, BC V3K 7B2
Canada
Contact: Chief Financial Officer
Tel: 888867-6095
Email: customerservice@sternohome.com

29. Bacninh Manufacture and             Trade             $492,081
Trading Co Ltd.
102A Hoang Cau Dong Da
Hanoi, HN 10000 Vietnam
Contact: Chief Financial Officer
Tel: 84-4-35117663
Fax: 84-4-35117662
Email: export1@bacninhcraft.com

30. Hang Zhou J and S Yard Home         Trade             $491,485
Fashion Co
2-3 Floor, Building 2, No. 115
Xingfa Rd., Xingqiao Street
Yuhang District
Hangzhou, ZJ 311100
China
Fan Wei Ping
Tel: 18069797796
Fax: (86 571)8918 0492
Email: 1497267784@qq.com


PIER 1 IMPORTS: Files for Chapter 11 to Pursue Sale
---------------------------------------------------
Pier 1 Imports, Inc. (NYSE:PIR) announced that it has entered into
a Plan Support Agreement (the "PSA") with a majority of its term
loan lenders and is pursuing a sale of the Company.  To facilitate
an orderly sale process and implement the PSA, the Company and its
subsidiaries have commenced voluntary Chapter 11 proceedings in the
U.S. Bankruptcy Court for the Eastern District of Virginia.

The Company also intends to use this process to complete the
previously announced closure of up to 450 store locations, which
includes the closure of all its stores in Canada.  To date, the
Company has closed or initiated going-out-business sales at over
400 locations. The Company is also in the process of closing two
distribution centers to reflect its revised store footprint.

Robert Riesbeck, Pier 1's Chief Executive Officer and Chief
Financial Officer, said, "In recent months, we have taken
significant steps forward in our business transformation and
cost-reduction initiatives. We have worked to establish an
appropriately sized and profitable store footprint, operating
structure and merchandise assortment that will enable Pier 1 to
better serve our customers across store and online channels.
Today's actions are intended to provide Pier 1 with additional time
and financial flexibility as we now work to unlock additional value
for our stakeholders through a sale of the Company. We are moving
ahead in this process with the support of our lenders and are
pleased with the initial interest as we engage in discussions with
potential buyers."

Pier 1 has received a commitment of approximately $256 million in
debtor-in-possession financing from Bank of America N.A., Wells
Fargo National Association, and Pathlight Capital LP.  Following
court approval, the Company expects this financing, together with
cash flows from operations, to provide ample liquidity to support
continued operations and the sale process through the Chapter 11
process.

Pier 1's stores and online platform are open and operating, and the
Company remains focused on providing customers with unique,
on-trend merchandise and an exceptional shopping experience. The
Company expects to operate its business in the normal course during
this process.

Mr. Riesbeck added, "We will continue to serve our customers
regardless of how and where they shop with the style, value and
selection of merchandise they want as we move through this process,
and we are committed to working seamlessly with our vendors and
partners. We appreciate the ongoing dedication of our associates,
whose efforts in providing our loyal customers with the experience
they expect from our brand are critical to our success and the
future of Pier 1."

The Company is filing customary first day motions that, once
approved by the court, will allow the Company to smoothly
transition its business into Chapter 11, including, among other
things, granting authority to pay wages and benefits and honor
customer commitments in the ordinary course of business. The
Company will also continue to pay vendors and suppliers in the
ordinary course for all goods and services provided on or after the
Chapter 11 filing date.

Pier 1 intends to conduct a court-supervised sale process and
complete the sale through a Chapter 11 plan.  Pier 1 expects that
the deadline to submit qualified binding bids will be on or around
March 23, 2020, subject to procedures to be approved by the court.

In connection with its plans to close all its stores in Canada,
Pier 1 is also commencing proceedings in Canada.

Court filings and other documents related to the court-supervised
process are available at https://dm.epiq11.com/Pier1, or by calling
the Company's claims agent, Epiq Corporate Restructuring LLC, at
(866) 977-0883 (or +1 (503) 520-4412 for international calls) or
sending an email to pierone@epiqglobal.com.

                   About Pier 1 Imports

Founded with a single store in 1962, Pier 1 Imports, Inc. --
http://www.pier1.com/-- is a leading omni-channel retailer of
unique home décor and accessories. The Company's products are
available through approximately 930 Pier 1 stores in the U.S. and
online at pier1.com.

Pier 1 Imports, Inc., and 7 affiliates sought Chapter 11 protection
(Bankr. E.D. Va. Lead Case No. 20-30805) on Feb. 17, 2020, to
pursue a sale of the assets.

Pier 1 disclosed $426,585,000 in assets and $258,254,000 in debt as
of Jan. 2, 2020.

The Hon. Kevin R. Huennekens is the case judge.

A&G Realty Partners is assisting the Company with its previously
announced store closures and lease modifications.  Pier 1 landlords
are encouraged to contact A&G Realty Partners through its website,
http://www.agrep.com/

Kirkland & Ellis LLP and Osler, Hoskin & Harcourt LLP are serving
as legal advisors to Pier 1 in the U.S. and Canada, respectively.
AlixPartners LLP is serving as the Company's restructuring advisor
and Guggenheim Securities, LLC is serving as the Company's
investment banker.  Epiq Bankruptcy Solutions is the claims agent.


PIERLESS FISH CORP: Gets Approval to Hire IMSpiegel as Accountant
-----------------------------------------------------------------
Pierless Fish Corp. received approval from the U.S. Bankruptcy
Court for the Eastern District of New York to hire IMSpiegel, LLC
as its accountant.

IMSpiegel will provide these services:

     a) monitor the Debtor's activities;

     b) assist in the preparation or review of monthly operating
reports, budgets and projections;

     c) review claims of creditors;

     d) interact with the creditors' committee and its retained
professionals should one be appointed;

     e) attend court hearings, meetings with the Debtor and its
legal counsel and meetings with any creditors' committee if
required;

     f) assist in the preparation of a Chapter 11 plan of
reorganization and disclosure statement.

The cost of the proposed services is estimated to be between
$10,000 and $15,000.

Ira Spiegel, CPA, founder of IMSpiegel, attests that the firm is a
"disinterested person" within the meaning of Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Ira Spiegel, CPA
     IMSpiegel, LLC
     1419 E. 101st Street
     Brooklyn, NY, 11236

                     About Pierless Fish Corp.

Pierless Fish Corp. supplies fish and shellfish to chefs and
restaurants in Brooklyn, N.Y.

Pierless Fish filed a Chapter 11 petition (Bankr. E.D.N.Y. Case No.
19-47655) on Dec. 23, 2019.  In the petition signed by Robert
DeMasco, president and chief executive officer, the Debtor was
estimated to have between $1 million and $10 million in both assets
and liabilities.  Judge Carla E. Craig oversees the case.  

The Debtor tapped Tarter Krinsky & Drogin LLP as its legal counsel,
and Imspiegel, LLC as its accountant.

The U.S. Trustee for Region 2 appointed a committee of unsecured
creditors on Jan. 24, 2020.  The committee is represented by Cohen
Tauber Spievack & Wagner P.C.


PLANTRONICS INC: Moody's Lowers CFR to Ba3, Outlook Negative
------------------------------------------------------------
Moody's Investors Service downgraded Plantronics, Inc.'s Corporate
Family Rating to Ba3 from Ba2. Moody's also downgraded other
ratings including Plantronics' senior secured debt ratings to Ba2
from Ba1 and senior unsecured rating to B2 from B1. The downgrade
is driven by recent performance declines exacerbated by lingering
Polycom integration challenges, delays in introducing next
generation products and Moody's concerns over the pace of recovery
and debt paydown. The speculative grade liquidity rating was also
downgraded to SGL-2 from SGL-1 driven by reduced levels of free
cash flow and covenant tightness. The ratings outlook is negative.

Plantronics' revenues have declined significantly in recent
quarters partly reflecting delays in ramping up products designed
to work seamlessly with Microsoft Teams and Zoom communications
infrastructures and the wind down of legacy product inventory in
the channel. The decrease also reflects sales force and channel
integration challenges related to the Polycom acquisition (which
closed in July 2018). Although Moody's expects Plantronics next
generation products and completion of integration and restructuring
initiatives will contribute to a recovery in sales, EBITDA and free
cash flow over the next 12 -- 18 months, credit metrics will likely
remain weak for the next several quarters. Leverage as of December
31, 2019 was approximately 9x but approximately 5-6x pro forma for
certain one-time costs and run rate cost savings. Moody's projects
that leverage will trend towards 5x over the next 12-18 months
driven by growth in EBITDA as well as debt paydowns. Despite its
challenges, the company appears committed to repaying debt on an
accelerated timetable.

Ratings Rationale

Plantronics' Ba3 CFR reflects its leading position across several
audio, voice and video enterprise communications device markets
offset by challenges integrating the Polycom acquisition, a rapidly
changing technology landscape and high leverage. Though challenged
in recent periods Moody's expects Plantronics to maintain a strong
market position across its key product lines. Moody's anticipates
growth in several key lines including UC headsets, huddle room
video and open SIP desktop phones, which should offset declines in
the company's legacy lines. The office communications equipment
market is evolving quickly to adapt to cloud hosted voice and video
communications systems as well as the growth in "soft" phones and
Plantronics should benefit from this trend.

The negative outlook reflects the ongoing challenges that
Plantronics faces in ramping up new product sales, solving sales
and channel integration issues and uncertainty over timing of a
recovery and driving leverage to below 5x.

The ratings could be downgraded if sales do not show signs of
stabilizing, leverage will likely remain above 5x for an extended
period of time or free cash flow to debt is not on track to improve
above 7.5%. The ratings could be upgraded if the company
demonstrates sustained growth and a commitment to repaying debt,
leverage is sustained below 4x and free cash flow to debt exceeds
10%.

Liquidity is good as indicated by the SGL-2 rating, reflecting $172
million of cash and short-term investments as of December 31, 2019
as well as Moody's expectation of $100 million of annualized free
cash flow over the next 12-18 months. Plantronics is expected to
continue its dividend program of approximately $25 million per
year. The company also has an undrawn $100 million revolver which
is subject to financial covenants which step down over the next
year, which will be challenging to meet without material debt
paydowns or amendment by the lenders. Moody's expects the company
will focus on using excess cash for debt repayment over the next
several years. Plantronics is publicly held with an independent
Board of Directors. Private equity fund Sirius Capital owns a
minority stake and has two Board representatives.

The following ratings were affected:

Downgrades:

Issuer: Plantronics, Inc.

  Corporate Family Rating, Downgraded to Ba3 from Ba2

  Probability of Default Rating, Downgraded to Ba3-PD from Ba2-PD

  Speculative Grade Liquidity Rating, Downgraded to SGL-2 from
  SGL-1

  Senior Secured Bank Credit Facility, Downgraded to Ba2 (LGD3)
  from Ba1 (LGD3)

  Senior Unsecured Regular Bond/Debenture, Downgraded to B2 (LGD5)
  from B1 (LGD5)

Outlook Actions:

Issuer: Plantronics, Inc.

Outlook, Negative

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

Plantronics, Inc., headquartered in Santa Cruz, California, is a
provider of audio communications headsets and accessories used by
businesses and consumers, voice endpoints (i.e. desktop phones and
conference room phones), video endpoints (equipment for video rooms
and desktops), and platform solutions for enterprise customers to
manage their communications systems. Plantronics had $1.8 billion
of revenue for the LTM period ended December 31, 2019.


PRHOF-MANUFACTURING: Plan & Disclosures Hearing on March 12
-----------------------------------------------------------
Judge Robyn L. Moberly has ordered that the disclosure statement
filed by PRHOF-Manufacturing, LLC, contains adequate information
and is CONDITIONALLY APPROVED.

A hearing to consider confirmation of the plan and any objection or
modification to the plan will be held as follows on March 12, 2020,
at 10:00 a.m. EDT, in Rm. 329 U.S. Courthouse, 46 E. Ohio St.,
Indianapolis, IN 46204.

Any objection to the Disclosure Statement must be filed and served
on or before March 9, 2020.

Any objection to the confirmation of the Plan must be filed and
served on or before March 9, 2020.

That any ballot accepting or rejecting the Plan must be delivered
on or before March 4, 2020 to the Debtor at the address on the
ballot form.

                 About PRHOF-Manufacturing

PRHOF-Manufacturing, LLC, sought protection under Chapter 11 of
the
Bankruptcy Code (Bankr. S.D. Ind. Case No. 19-02307) on April 5,
2019.  At the time of the filing, the Debtor had estimated assets
of less than $500,000 and liabilities of less than $1 million.  The
case has been assigned to Judge Robyn L. Moberly.  The Debtor
tapped Ben T. Caughey, Esq., at Mercho Caughey, as its legal
counsel.


PRHOF-MANUFACTURING: Unsec. Creditors to Recover 100% in Plan
-------------------------------------------------------------
Debtor PRHOF Manufacturing, LLC, filed with the U.S. Bankruptcy
Court for the Southern District of Indiana, Indianapolis Division,
a Plan of Reorganization and a Disclosure Statement.

General Unsecured Claims of not more than $752,611.15 in Class 3
will have a 100% projected recovery.  Unsecured creditors will
receive a Pro Rata Distribution of net Plan Down payment and 50% of
all Incentive Payments received over the life of the PRIDCO
Incentive Grants, and revenue received under the Management
Agreement up to 100% of the claims.

The Plan represents a viable plan for payment of the claims and use
of the assets of the debtor. The Plan is founded upon a deal
framework that is now in place that will feasibly generate cash
sufficient to fund all of the payments to be made under the Plan.
The primary driver of the Debtor's ability to service the debt
under the Plan is the expenditures of capital to establish a
manufacturing operation which will entitle PRHOF to receive
economic incentive payments from PRIDCO that will be used to pay
creditor claims in full.

The Plan provides for new value to be put into the estate by a
third party investor as well as the execution of a Management
Agreement with Hestia Homes, which together will provide for the
successful operation of PRHOF going-forward as well as enable the
payments under this Plan.

The Plan Investor will make an equity infusion of $100,000 which
shall be used to satisfy all administrative expenses of the Debtor
and to make a plan down payment.  The Plan Investor will become the
equity owner of the Debtor under the Plan, will finance the
acquisition of the necessary operating equipment and rolling stock
needed to produce product under its operations.

A full-text copy of the Disclosure Statement dated January 30,
2020, is available at https://tinyurl.com/rd5cofe from PacerMonitor
at no charge.

Counsel for the Debtor:

       Ben T. Caughey
       MERCHO CAUGHEY
       828 East 64th Street
       Indianapolis, IN 46220
       Telephone: (317) 722-0607
       Facsimile: (877) 797-9648
       E-mail: ben.caughey@merchocaughey.com

                   About PRHOF-Manufacturing

PRHOF-Manufacturing, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ind. Case No. 19-02307) on April 5,
2019. At the time of the filing, the Debtor had estimated assets of
less than $500,000 and liabilities of less than $1 million. The
case has been assigned to Judge Robyn L. Moberly. The Debtor tapped
Ben T. Caughey, Esq., at Mercho Caughey, as its legal counsel.


PVM ELECTRIC: Unsec. Creditors to Get 100% With Interest in 5 Years
-------------------------------------------------------------------
Debtors PVM Electric, LLC and Martin K. Minter filed with the U.S.
Bankruptcy Court for the Southern District of Florida, West Palm
Beach Division, a Joint Disclosure Statement and the accompanying
Plan.

Prior to the Petition Date, Mr. Minter incurred significant
business-related debts.  Not only were PVM and Mr. Minter indebted
to Kalamata, but also On-Deck Capital, another MCA.  Monthly
payments to Kalamata alone totaled approximately $40,000.  Due to
the garnishment of funds by Kalamata, PVM was in a cash crunch and
unable to effectively operate.  The Debtors therefore sought to
utilize the chapter 11 process to restructure their debts and
streamline their financial structure, as well as to attempt to
resolve any potential litigation.

Class 6 consists of the Allowed Claims of the general unsecured
creditors of the Debtors.  The aggregate amount of Class 6 general
unsecured claims totals $100,871, of which $89,801 is attributable
to PVM, and $11,070 to Mr. Minter.

The Debtors estimate that if these cases were converted to Chapter
7, the holders of Class 6 Claims would not receive any
distribution.  If the Debtors' Plan is confirmed, however, each
holder of an Allowed general unsecured claim against the Debtors
will be paid in full with 3% interest, in 5 annual payments.  This
equates to an annual payout by PVM in the amount of $19,609 and an
annual payout by Mr. Minter in the amount of $2,417.40.  The
payments will commence on the first of the 12th month after the
Effective Date until the aggregate amounts are paid.

Class 7 consists of the Debtors' Equity Interests in assets of
their respective Estates, which are retained under the Plan.  All
property of each estate shall re-vest in its respective Reorganized
Debtors; i.e., PVM and Mr. Minter.

All payments as provided for in the Debtors' Plan will be funded by
the Debtor’s Cash on Hand and operating income.  The Debtors
believe that this Plan is in the best interest of creditors as the
restructuring of the Debtors will allow for greater cash flow and
subsequent higher distributions.  In addition, the Plan provides
for the finality and certainty as to the treatment of the various
claims.

PVM will continue to exist after the Effective Date with all assets
of PVM re-vesting in PVM and with all powers of limited liability
companies under the laws of the State of Florida and without
prejudice to any right to alter or terminate such existence
(whether by merger or otherwise) under Florida law.  Upon the
Effective Date, PVM's management shall remain unchanged, in that
Mr. Minter will continue to act as managing member of PVM for the
purpose of continuing to operate the business of PVM.

A full-text copy of the Joint Disclosure Statement dated Jan. 28,
2020, is available at https://tinyurl.com/s2z4gcu from PacerMonitor
at no charge.

The Debtors are represented by:

         Furr & Cohen, P.A.
         Aaron A. Wernick, Esq.
         2255 Glades Road, Suite 301E
         Boca Raton, Florida 33431
         Tel: (561) 395-0500
         Fax: (561) 338-7532
         E-mail: awernick@furrcohen.com

                    About PVM Electric LLC

PVM Electric LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 19-15977) on May 3,
2019.  At the time of the filing, the Debtor had estimated assets
of less than $1 million and liabilities of less than $1 million.
The case has been assigned to Judge Erik P. Kimball.  The Debtor is
represented by Aaron A. Wernick, Esq., at Furrcohen P.A.

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


QUALITY REIMBURSEMENT: Hires Jeffrey A. Lovitky as Special Counsel
------------------------------------------------------------------
Quality Reimbursement Services, Inc. seeks approval from the U.S.
Bankruptcy Court for the Central District of California to hire the
Law Office of Jeffrey A. Lovitky as its special counsel.

Lovitky will represent the Debtor and its hospital clients in civil
actions and appeals filed in federal district courts and in the
U.S. Courts of Appeals, and will advise the Debtor regarding
Medicare reimbursement issues.  The firm will charge $500 per hour
for its services.

Jeffrey Lovitky, Esq., sole practitioner of the firm, assured the
court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

Mr. Lovitky can be reached at:

     Law Office of Jeffrey A. Lovitky
     1776 K St NW Ste 800
     Washington, DC 20006-2333
     Office: 202-429-3393
     Cell: 202-429-3393
     Fax: 202-318-4013
     Email: lovitky@aol.com

               About Quality Reimbursement Services

Quality Reimbursement Services, Inc. --
http://www.qualityreimbursement.com/-- has been reviewing Medicare
and Medicaid cost reports for more than 12 years.  Its corporate
office is located in Arcadia (CA). The company also has offices
located in Birmingham, Ala.; Scottsdale, Ariz.; Los Angeles,
Calif.; Colorado Springs, Colo.; Jacksonville, Fla.; Chicago, Ill.;
Detroit and Shelby Township, Mich.; Guttenberg, N.J.; Dallas/Fort
Worth, Texas; and Spokane, Wash.

Quality Reimbursement Services filed a voluntary petition for
relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal.
Case No. 19-20918) on Sept. 13, 2019.  In the petition signed by
James C. Ravindran, president and chief executive officer, the
Debtor was estimated to have $1 million to $10 million in assets
and $10 million to $50 million in liabilities.

Judge Julia W. Brand oversees the case.

Garrick A. Hollander, Esq., at Winthrop Couchot Golubow Hollander,
LLP, represents the Debtor.

The Office of the U.S. Trustee appointed a committee of unsecured
creditors in the Debtor's case on Oct. 22, 2019.  The committee
hired Buchalter, a Professional Corporation, as its legal counsel.


RED SKY AG: Taps James L. Drake as Legal Counsel
------------------------------------------------
Red Sky Ag, LLC received approval from the U.S. Bankruptcy Court
for the Southern District of Georgia to employ James L. Drake, Jr.
PC as its legal counsel.

The firm will provide these services in connection with the
Debtor's Chapter 11 case:  

   (a) advise the Debtor of its powers and duties under the
Bankruptcy Code;

   (b) prepare a plan of rehabilitation, disclosure statement and
other legal papers; and

   (c) represent the Debtor in all proceedings before the
bankruptcy court.

James Drake, Jr., Esq., the firm's attorney who will be handling
the case, will charge an hourly fee of $350 and will receive
reimbursement for work-related expenses.  The firm's paralegal will
charge $150 per hour.

Mr. Drake declared in a court filing that he is a disinterested
person within the meaning of Section 101(14) of the Bankruptcy
Code.  

The firm can be reached through:

   James L. Drake, Jr.
   James L. Drake, Jr. PC
   P.O. Box 9945
   Savannah, GA 31412
   (912) 790-1533

                         About Red Sky Ag

Red Sky Ag, LLC, a privately held company in the vegetable and
melon farming industry, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ga. Case No. 19-60501) on Dec. 25,
2019.  At the time of the filing, the Debtor disclosed assets of
between $1 million and $10 million and liabilities of the same
range.  Judge Edward J. Coleman III oversees the case.  James L.
Drake Jr. PC is the Debtor's legal counsel.


RESTLAND MEMORIAL: To Seek Plan Confirmation on March 19
--------------------------------------------------------
Judge Gregory L. Taddonio has ordered that the Disclosure Statement
explaining the Chapter 11 Plan filed by Restland Memorial Parks,
Inc. is conditionally APPROVED.

On March 19, 2020, at 11:00 a.m. the Court will convene a hearing
to consider final approval of the Disclosure Statement and
confirmation of the Plan is scheduled in Courtroom A, 54th Floor,
U.S. Steel Tower, 600 Grant Street, Pittsburgh, PA 15219.

On or before March 9, 2020, all objections to the Disclosure
Statement and/or objections to Plan confirmation must be filed.

On or before March 9, 2020, all ballots accepting or rejecting the
Plan must be served on the attorney for the Debtor.

Counsel for the Debtor must file a Summary of the balloting no
later than 7 days before the Plan confirmation hearing.

                About Restland Memorial Parks

Restland Memorial Parks, Inc., offers cemetery pre-need programs.

Restland Memorial Parks sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 18-24151) on Oct. 24,
2018.  At the time of the filing, the Debtor was estimated to have
assets of $1 million to $10 million and liabilities of less than $1
million.  The Debtor tapped Donald R. Calaiaro, Esq., at Calaiaro
Valencik, as its legal counsel.

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


RIVERA BUSINESS: Unsecured Creditors to Recover 77% in 5 Years
--------------------------------------------------------------
Rivera Business Solutions, Inc., d/b/a Rivera Construction, has
proposed a Plan of Reorganization under Chapter 11 of the
Bankruptcy Code.

The cash necessary to pay Allowed Claims and Allowed Interests
under the Plan will be the cash generated by the Debtor's
operations.

The Plan proposes to treat claims and interests as follows:

   * Class I Secured Lender Claim. IMPAIRED. Estimated recovery:
100%.  The Debtor estimates an Allowed Secured Lender Claim in the
amount of $615,000. The Reorganized Debtor will resume its normal
monthly payments to the Secured Lender of $9,062 per month after
the Effective Date under its promissory note with the Secured
Lender until the promissory note is paid in full.

   * Class II Secured Property Tax Claims. IMPAIRED.  Estimated
recovery: 100%.  The Class II Unsecured Secured Property Tax Claims
are alleged to be $2,057 plus statutory interest.  The Reorganized
Debtor estimates that the Allowed Secured Property Tax Claims will
be paid in full during the first month after the Effective Date
with statutory interest.

   * Class III IRS Secured Tax Claim.  IMPAIRED.  Estimated
recovery: 100%. The Class III Allowed IRS Secured Tax Claim is
alleged to be $355,554 plus statutory interest.  The Reorganized
Debtor shall make a monthly payment of $1,875 the first month after
the Effective Date.

   * Class IV Ally Bank Secured.  IMPAIRED.  Estimated recovery:
100%. The Ally Bank Secured Claims are alleged to be $100,196.  The
Reorganized Debtor will resume its normal monthly payments of
$2,004 per month under its promissory notes with Ally Bank until
the promissory notes are paid in full.

   * Class V Stearns Bank, N.A. Secured Claim.  IMPAIRED.
Estimated recovery: 100%.  The Stearns Bank, N.A Secured Claim is
alleged to be $41,583.  On the Effective Date, the Reorganized
Debtor will resume its normal monthly payments of $1,536.69 per
month with no interest with Stearns Bank, N.A. until the promissory
note is paid in full.

   * Class VI Unsecured Priority Tax Claim. IMPAIRED. Estimated
recovery: 100%.  The Class VI Allowed Unsecured Priority Tax Claim
is alleged to be $12,011.  Each Allowed Unsecured Priority Tax
Claim will be paid in full without interest after the Secured
Lender Claim Arrearages, Allowed Secured Property Tax Claims, and
Allowed IRS Secured Tax Claim is paid in full.

   * Class VII General Unsecured Claims. IMPAIRED. Estimated
recovery: 77%. T he General Unsecured Claims are alleged to be
$710,606.  However, the Debtor estimates that the Allowed Unsecured
Claims against the Estate will be $655,937 or less.  The Debtor
will make a monthly payment of $6,694 to Allowed General Unsecured
Claims for 34 months after the Effective Date.  The Debtor will
make monthly payments of $20,000 per month to Holders of Allowed
General Unsecured Claims between 35 months and 60 months after the
Effective Date.

A full-text copy of the Disclosure Statement dated Feb. 3, 2020, is
available at https://tinyurl.com/wwsf9z8 from PacerMonitor.com at
no charge.

The Debtor's bankruptcy counsel:

     M. Jermaine Watson
     M. J. WATSON & ASSOCIATES, P.C.
     325 N. Saint Paul Street, Suite 2200
     Dallas, Texas 75201
     Telephone: 214-965-8240
     Facsimile: 214-999-1384
     E-mail: jwatson@mjwatsonlaw.com

                 About Rivera Business Solutions

Rivera Business Solutions, Inc., d/b/a Rivera Construction, is a
privately held company in Garland, Texas that provides construction
and remodeling services.  It sought Chapter 11 protection (Bankr.
N.D. Tex. Case No. 19-32652) on Aug. 7, 2019, in Dallas, Texas.  In
the petition signed by Oscar Rivera, president, the Debtor was
estimated to have assets at $500,000 to $1 million, and liabilities
at $1 million to $10 million.  Judge Harlin DeWayne Hale is
assigned the Debtor's case.  M.J. Watson & Associates, P.C.,
represents the Debtor.


RIVERBEND FOODS: In Talks With Union on Priority Claim
------------------------------------------------------
Debtor Riverbend Foods LLC, along with its Official Committee of
Unsecured Creditors, filed a First Amended Joint Chapter 11 Plan of
Liquidation and a corresponding Disclosure Statement.

Riverbend ceased regular business operations on July 31, 2019.
Since that time, its remaining employees and advisors have focused
on maximizing the value of Riverbend's assets for the benefit of
its creditors.  As a result of these asset sales and ongoing
efforts to monetize remaining inventory and accounts receivable,
only $1,679,460 remained outstanding under its loan agreement with
primary lender PNC Bank N.A. as of the Petition Date, of which
$500,000 was an Exit Fee.

In late May of 2019, Riverbend executed an Auction Agreement with
Regal Equipment Inc. to sell Riverbend's baby food-related assets
and other miscellaneous machinery and equipment at public auction.
The auction was originally intended to occur prior to the chapter
11 filing.  However, given the sheer amount of litigation and
threat of judgment liens looming over Riverbend, Riverbend's
management, in consultation with its financial and legal advisors,
determined that the best way to maximize the value of the remaining
assets is to cause Regal Equipment to conduct the auction within a
chapter 11 process.  That auction was approved by the Bankruptcy
Court on Nov. 18, 2019 and was conducted by Regal Equipment Inc.
between Nov. 19 and Nov. 21, 2019.

Riverbend is liquidating its remaining assets and dissolving
pursuant to the attached chapter 11 plan.  Under the proposed
chapter 11 plan, all of the Debtor's assets will be deposited into
a liquidation trust.  The Liquidation Trustee shall be the
individual selected by the Committee, Alfred T. Giuliano.

According to First Amended Disclosure Statement, Class 1 Priority
Non-Tax Claims consist of Claims held by members of the United Food
& Commercial Workers International Union Local 1776 (Union).  The
Debtor and the Union are in the midst of settlement discussions
regarding the amount and priority of the Union's claim against the
bankruptcy estate as well as the termination of the collective
bargaining agreement.  The Debtor expects that the portion of the
Union's claim entitled to priority as agreed between the Debtor and
the Union will be in excess of the amount of cash available for
distribution on the Effective Date.

Under the Plan, holders of Priority Tax Claims in Class 1 will
receive a distribution on the Effective Date equal to $200,000,
unless otherwise agreed as between the Debtor and the Union.
Additional distributions to holders of Claims in Class 1 will be
deferred and made by the Liquidation Trustee from proceeds of
litigation, or from any other funds available for distribution and
not earmarked to pay Administrative Claims or otherwise required to
be reserved by this Plan or other order of the Bankruptcy Court.

PNC's secured claim is in the amount of $250,000, which represents
the unpaid portion of PNC's $500,000 Exit Fee.  The Committee
suggests that it intends to challenge the propriety of the Exit Fee
by the Jan. 31, 2020 challenge deadline established in the Final
Order (I) Authorizing the Debtor To Use Cash Collateral and (II)
Granting Adequate Protection To The Prepetition Secured Party.
Under the Plan, the portion of the Exit Fee ultimately Allowed by
the Court, or as ultimately agreed between the Committee and PNC,
will be paid in full as soon as reasonably practicable following
such Allowance or such agreement

Funds remaining after payment in full of claims in Class 1 and
Class 2 will be paid to unsecured creditors in Class 3 on a pro
rata basis.  Payments will be made by the Liquidation Trustee.
Payment will be made on the Initial Distribution Date, which shall
be a date selected by the Liquidation Trustee.

With respect to the Debtor's Pension Plan, the Debtor is a
contributing sponsor of the Pension Plan.  Northeast Properties
LLC, a non-debtor affiliate of the Debtor and a member of the
Debtor's controlled group that is liable for the PBGC Claims, will
assume sponsorship of the Pension Plan on or prior to the Effective
Date.  Once Northeast Properties assumes sponsorship of the Pension
Plan, it intends to initiate and complete a standard termination of
the Pension Plan in accordance with 29 U.S.C. Sec. 1341(b).

The PBGC has filed three contingent claims against the Debtor for
the Pension Plan's unfunded benefit liabilities; the minimum
funding contributions owed to the Pension Plan; and the pension
insurance premiums due (the PBGC Claims). If the Pension Plan
terminates, the Debtor and its controlled group members will each
be jointly and severally liable for the PBGC Claims.  Any Allowed
PBGC Claims asserted against the Debtor shall be treated as
Unsecured Claims in Class 3.

Holders of Equity Interests in Riverbend will not recover anything
under the chapter 11 plan and their Equity Interests will be deemed
cancelled on the Effective Date.

A full-text copy of the First Amended Disclosure Statement dated
Jan. 28, 2020, is available at https://tinyurl.com/tusxqys from
PacerMonitor at no charge.

Counsel for the Debtor:

   John R. Gotaskie, Jr.
   Michael G. Menkowitz
   FOX ROTHSCHILD LLP
   BNY Mellon Center
   500 Grant Street, Suite 2500
   Pittsburgh, PA 15219
   Tel: 412-391-1334
   Fax: 412-391-6984
   E-mail: jgotaskie@foxrothschild.com
           mmenkowitz@foxrothschild.com

     - and -

   Mark E. Freedlander
   Frank J. Guadagnino
   George W. Fitting
   McGUIREWOODS LLP
   Tower Two-Sixty 260 Forbes Avenue, Suite 1800
   Pittsburgh, PA 15222
   Tel: 412-667-6000
   Fax: 412-667-6050
   E-mail: mfreedlander@mcguirewoods.com
           fguadagnino@mcguirewoods.com
           gfitting@mcguirewoods.com 38

                    About Riverbend Foods

Riverbend Foods was a manufacturer of private label and
contract-manufactured canned and jarred soups, broths, gravies,
sauces, and infant feeding products. Riverbend's operations were
located at 1080 River Avenue in Pittsburgh, Pennsylvania.  It began
operations in May 2017, after it acquired the business assets from
Treehouse Foods, Inc.

Riverbend ceased regular business operations on July 31, 2019.

Riverbend Foods sought Chapter 11 protection (Bankr. W.D. Pa. Case
No. 19-24114) on Oct. 22, 2019.  In the petition signed by CRO
Dalton Edgecomb, the Debtor was estimated to have assets and
liabilities in the range of $10 million to $50 million.  Judge
Gregory L. Taddonio is assigned to the case.  The Debtor tapped
Frank J. Guadagnino, Esq., at McGuirewoods LLP as counsel, and
Winter Harbor, LLC as restructuring advisor.

The Office of the U.S. Trustee appointed creditors to serve on the
official committee of unsecured creditors on Oct. 31, 2019. The
Committee retained Fox Rothschild LLP as legal counsel, and
Giuliano Miller & Company, LLC, as accountant and financial
advisor.


SAN JUAN ICE: Court Confirms Amended Plan
-----------------------------------------
On Sept. 9, 2019, Debtor San Juan Ice Inc. filed with the U.S.
Bankruptcy Court for the District of Puerto Rico an Amended Plan of
Reorganization under Chapter 11 of the Bankruptcy Code.

On Jan. 28, 2020, Judge Mildred Caban Flores ordered that:

  * The Amended Disclosure Statement filed on Sept. 9, 2019, is
approved.

  * The Amended Plan filed by Debtor dated Sept. 9, 2019, is
confirmed.

  * The Debtor will timely comply with the requirements of LBR
3022-1 as to the application for a final decree.

Payments and distributions under the Plan will be funded by income
generated from the sales from the ice plant performed by debtor.

Under the Plan, Class 1 secured claim to CRIM will be paid within
five years of the filing of the petition, and secured creditor
Symetric Engineering will be paid in full as an impaired claim
commencing 5 years of the filing date in monthly payments within 5
years thereafter via payment schedule, to be modified and
stipulated via settlement  with secured creditor.  Class 2 Priority
claims to the Puerto Rico Treasury Department in the amount of
$86,673 to the Puerto Rico Department of Labor, 6,039 and $16,126
will be paid with five years. Class 3 unsecured claims filed by
creditor will be paid after the payment of all secured and priority
claims.  General Unsecured claims shall be paid 21% of their value
of the claim.

A copy of the Disclosure Statement dated Sept. 9, 2019, is
available at https://tinyurl.com/yxm45rdu

A copy of the Order Confirming the Plan dated Jan. 28, 2020, is
available at https://tinyurl.com/t4nr2n2 from PacerMonitor at no
charge.

                     About San Juan Ice Inc.

San Juan Ice Inc., based in San Juan, PR, sought Chapter 11
protection (Bankr. D.P.R. Case No. 18-01784) on April 3, 2018.  In
the petition signed by Ramiro Rodriguez Pena, president, the Debtor
disclosed $580,495 in assets and $1.17 million in liabilities.  The
Hon. Mildred Caban Flores oversees the case.  Robert Millan, Esq.,
at Millan Law Offices, serves as bankruptcy counsel to the Debtor.


SCOTTSDALE PET SUITE: Hires HQ Accounting as Bookkeeper
-------------------------------------------------------
Scottsdale Pet Suite, LLC received approval from the U.S.
Bankruptcy Court for the District of Arizona to employ HQ
Accounting and Bookkeeping, LLC.

The firm will provide bookkeeping services, which include the
preparation of the Debtor's financial statements and monthly
operating reports, and maintaining its QuickBooks accounting
records.

HQ Accounting will charge a flat fee of $375 per month for its
services.  The Debtor will reimburse the firm for the $60 monthly
fee for QuickBooks Online.

Rachel Croft of HQ Accounting assured the court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The bookkeeper can be reached at:

     Rachel Croft
     HQ Accounting and Bookkeeping, LLC
     Chandler, AZ
     Phone: (480) 999-5252
     Email: Rachel@hq-Accounting.com

                    About Scottsdale Pet Suite

Scottsdale Pet Suite, LLC, which conducts business under the name
Scottsdale Doggie Suites, filed a voluntary Chapter 11 petition
(Bankr. D. Ariz. Case No. 20-00020) on Jan. 2, 2020.  The Debtor
listed under $1 million in both assets and liabilities at the time
of the filing.  Judge Daniel P. Collins oversees the case.  The
Debtor is represented by James F. Kahn, Esq., and Krystal M. Ahart,
Esq., at Kahn & Ahart, PLLC, Bankruptcy Legal Center.  


SERES THERAPEUTICS: ARK Investment Has 10.4% Stake as of Dec. 31
----------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, ARK Investment Management LLC disclosed that as of Dec.
31, 2019, it beneficially owns 7,273,840 shares of common stock of
Seres Therapeutics, Inc., which represents 10.39 percent of the
shares outstanding.  A full-text copy of the regulatory filing is
available for free at:

                         https://is.gd/zRkibd

                       About Seres Therapeutics

Seres Therapeutics, Inc. (Nasdaq: MCRB) --
http://www.serestherapeutics.com/-- is a microbiome therapeutics
platform company developing a novel class of biological drugs that
are designed to treat disease by restoring the function of a
dysbiotic microbiome, where the state of bacterial diversity and
function is imbalanced.  Seres' SER-287 program has obtained Fast
Track and Orphan Drug designation from the U.S. Food and Drug
Administration and is being evaluated in a Phase 2b study in
patients with active mild-to-moderate ulcerative colitis.  Seres'
SER-109 program has obtained Breakthrough Therapy and Orphan Drug
designations from the FDA and is in Phase 3 development for
recurrent C. difficile infection.  Seres is also developing SER-401
in a Phase 1b study in patients with metastatic melanoma.

Seres Therapeutics incurred a net loss of $98.94 million in 2018
following a net loss of $89.38 million in 2017.  As of Sept. 30,
2019, the Company had $124.15 million in total assets, $156.37
million in total liabilities, and a total stockholders' deficit of
$32.22 million.

PricewaterhouseCoopers LLP, in Boston, Massachusetts, the Company's
auditor since 2014, issued a "going concern" opinion in its report
dated March 6, 2019, on the Company's consolidated financial
statements for the year ended Dec. 31, 2018, citing that the
Company has incurred losses and negative cash flows from operations
since its inception that raise substantial doubt about its ability
to continue as a going concern.


SHELA ROGERS: Plan to Be Funded by $800K Loan
---------------------------------------------
Shela Rogers, LLC, has proposed a reorganization plan.

To fund the Plan, the Debtor has received approval for an $800,000
loan with a term of 24 months.  Repayment will consist of paying
the interest only at a rate of $5,500 per month.  This amount will
be paid by the rental income of the debtor's sole asset, 340 Kramer
Avenue, Staten Island, New York 10309.

Secured claim of Bank of America, with a total claim of $1,022,678,
is impaired.  Subject to a Confirmation hearing, the Debtor will
reinstate tghe loan and pay the lender the reinstatement amount,
which is was $527,306 39 as of April 2019.  In the alternative,
Debtor will pay BOFA, an $800,000 payment to extinguish the lien
pursuant to 11 U.S.C. 1129.

Remainder of monies owed to Bank of America for 340 Kramer Avenue,
Staten Island, New York approximately $222,678.08 due are
classified as an unsecured claim.  The Disclosure Statement does
not indicate the proposed treatment of unsecured creditors, but
indicated that the class is impaired.

The equity holder, Boris Fidler, is unipaired under the Plan.

A full-text copy of the Disclosure Statement dated February 3,
2020, is available at https://tinyurl.com/rpm3rrb from
PacerMonitor.com at no charge.

                       About Shela Rogers

Shela Rogers, LLC is a limited liability company since march 27,
2018. The Debtor has been in business of Real Property Investment.


Shela Rogers LLC, sought Chapter 11 protection (Bankr. E.D.N.Y.
Case No. 19-40923) on Feb. 15, 2019.  The Debtor was estimated to
have less than $1 million in assets and liabilities.  Vivian Sobers
servse as counsel for the Debtor.


SHRI VITTHAL: Unsecured Creditors to Get 10% in Plan
----------------------------------------------------
Shri Vitthal, Inc., filed a Combined Plan of Reorganization and
Disclosure Statement that provides for the restructuring the debt
of Shri Vitthal.

The Plan provides that the Debtor will pay all priority and secured
claims in full.  General unsecured creditors will be paid 10% of
their Allowed Claims.  The Plan will be funded from future earnings
of the Debtor.

A full-text copy of the Combined Plan of Reorganization and
Disclosure Statement dated Feb. 7, 2020, is available
at https://tinyurl.com/uxx6z9f from PacerMonitor.com at no
charge.

Attorneys for the Debtor:

     Timothy P. Neumann, Esq.
     Broege, Neumann, Fischer & Shaver, LLC
     25 Abe Voorhees Drive
     Manasquan, New Jersey 08736
     Tel: (732) 223-8484
     E-mail: timothy.neumann25@gmail.com

                      About Shri Vitthal

Shri Vitthal, Inc., operates a 7-Eleven franchise in Monmouth
County, New Jersey.  It sought Chapter 11 protection (Bankr. D.N.J.
Case No. 19-25689) on Aug. 13, 2019.  The Hon. Christine M.
Gravelle is the case judge.  Timothy P. Neumann, Esq., at BROEGE,
NEUMANN, FISCHER & SHAVER LLC, serves as counsel to the Debtor.


SKY-SKAN INC: Plan Gives Unsecured Creditors 85% of Stock
---------------------------------------------------------
Sky-Skan Incorporated is proposing a plan of reorganization.

The Reorganized Debtor will continue to be a New York corporation,
but will be converted from a subchapter (s) to a subchapter (c)
corporation, principally because the grant of stock to creditors,
some of which are entities themselves, prohibits continued use of
the subchapter (s) election.  

The Reorganized Debtor will be managed by a Board of Directors and
officers elected by the Board.  The Board may include Glenn Smith
(49% owner of SSE), a member appointed by the Committee, and the
Debtor’s Interim CEO, ShawnLaatsch. A representative of Next
Level Now, Inc. will have a non-voting advisory seat on the Board.


The Debtor will be managed by these initial officers unless and
until their successors will have been elected, qualified and
assumed office: Shawn Laatsch, Chief Financial Officer, Brandi
Bonds, Chief Operating and Financial Officer, and Virginia Savage,
Treasurer.  At all times, the Debtor shall have qualified
management appointed and/or employed by the Board.

The Reorganized Debtor will issue eighty-five (85%) percent of its
unrestricted stock (there being no restricted stock) on a pro rata
basis to holders of Allowed Unsecured Claims (Class 5) in full
satisfaction of those Claims as soon as practicable after the
Effective Date

The Plan proposes to treat claims and interests as follows:

  * Class 1: IRS Secured Claims Class.  IMPAIRED.  Amount of claim
$763,122.  The Debtor will pay the Allowed Secured Claim of the IRS
with interest at the statutory rate (presently 5%), from the date
of the petition, in equal monthly installment payments that will
conclude no later than five years from the Effective Date in
accordance with Exhibit D.

  * Class 2: Contingent Coastal Capital, LLC Secured Claims Class.
IMPAIRED.  Amount of claim $932,152.  Any Coastal Allowed Secured
Claim shall be paid in full, with interest at the Prime Rate
(4.5%), plus 1% over six years in consecutive monthly
installments.

  * Class 3: Administrative Expense Claims Class. IMPAIRED. The
Debtor anticipates these claims will be approximately $226,000. All
Allowed Claims in this Class shall be paid in full with interest at
the rate of 4 percent per annum, in 48 consecutive, equal, monthly
installments of principal and interest, beginning on the 30th day
following the Effective Date subject to reduction for the
application of the following payments.

  * Class 4: Priority Tax Claims Class.  IMPAIRED.  The Debtor
estimates these claims will be allowed in the total amount of
$104,861.  The Claim in this Class are allowed and shall be paid in
full, plus interest at statutory rate (presently 7% per annum) from
November 1, 2017, via equal installments, beginning on the 30th day
from the Effective Date.

  * Class 5: General Unsecured Claims Class.  IMPAIRED.  This Class
contains the insider claims of the Savages in the amount of
$1,088,592. The Debtor will distribute to holders of Allowed Claims
in this Class 85 percent of the outstanding and issued unrestricted
stock of the Reorganized Debtor (the "Shares") (the remaining 15
percent of equity in the Reorganized Debtor will be distributed to
the Debtor's employees through the employee Stock Incentive Plan).
The Shares will be distributed on the later of 30 days from the
Effective Date or 30 days from the date such Claims are allowed by
the Court, on a pro rata basis.

  * Class 6: Subordinated General Unsecured Claims Class.
IMPAIRED.  No dividends shall be paid on account of any Allowed
Claim in this Class unless and until all dividends and other sums
due Allowed Creditors in each other Class have been paid in full.

  * Class 7: Equity Interest Holders Claims Class.  IMPAIRED.  All
existing shares in the Debtor will be cancelled and 85 percent of
the shares in the Reorganized Debtor will be issued to holder of
Allowed Claims in Class five and 15 percent of the shares in the
Reorganized Debtor will be issued to employees under an employee
Stock Incentive Plan.

  * Class 8: Department of Labor Claims Class.  IMPAIRED.  Amount
of claim $152,417.  The Debtor will pay the full amount of the
Allowed DOL Claim of $152,417.  The Debtor will make distributions
on a pro rata basis to the Debtor's 401(k) plan custodian.

The Debtor will pay dividends as provided for in the Plan.

A full-text copy of the Disclosure Statement dated Feb. 3, 2020, is
available at https://tinyurl.com/swlo5jd from PacerMonitor.com at
no charge.

Attorney for Debtor:

     Peter N. Tamposi
     Tamposi Law Group, P.C.
     159 Main St.
     Nashua, NH 03060
     Tel: (603) 204-5513
     E-mail: peter@tlgnh.com

                      About Sky-Skan Inc.

Sky-Skan, Inc., was founded in 1967 as a company dedicated solely
to the development and manufacture of specialized devices for
depicting dynamic visualizations of astronomical and meteorological
phenomena on planetarium domes in museums, schools, and
universities. The company has since grown to become a provider of
digital full dome science visualization, theater control, and show
programming systems for hundreds of planetariums on six continents,
serving hundreds of clients in the niche field of immersive science
interpretation and education.  From the initial planning stage to
staff training and ongoing support, Sky-Skan provides all services
required by the most advanced digital full-dome planetariums and
visualization theaters.

Sky-Skan, based in Nashua, NH, filed a Chapter 11 petition (Bankr.
D.N.H. Case No. 17-11540) on Nov. 1, 2017.  In the petition signed
by Steven T. Savage, president, the Debtor was estimated to have
less than $50,000 in assets and $1 million to $10 million in
liabilities as of the bankruptcy filing.    

Peter N. Tamposi, Esq., at The Tamposi Law Group, P.C., serves as
bankruptcy counsel to the Debtor, and SquareTail Advisors, LLC, is
the financial advisor.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on Dec. 1, 2017.  The Committee retained
William S. Gannon PLLC as its bankruptcy counsel.


ST. LAZARUS FAMILY: Hires Gayathri Indrakrishnan as Accountant
--------------------------------------------------------------
St. Lazarus Family Practice, P.A., seeks authority from the U.S.
Bankruptcy Court for the Western District of Texas to employ
Gayathri Indrakrishnan, as accountant to the Debtor.

St. Lazarus Family requires Gayathri Indrakrishnan to provide
accounting services in relation to the Chapter 11 bankruptcy
proceedings.

Gayathri Indrakrishnan will be paid a monthly fee of $750.

Gayathri Indrakrishnan will also be reimbursed for reasonable
out-of-pocket expenses incurred.

To the best of the Debtor's knowledge the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Gayathri Indrakrishnan can be reached at:

     Gayathri Indrakrishnan
     11343 Lakefield Dr. Suite 200
     John Creek, GA 30097
     Tel: (770) 702-0430

              About St. Lazarus Family Practice

St. Lazarus Family Practice, P.A., filed a Chapter 11 bankruptcy
Petition (Bankr. W.D. Tex. Case No. 19-52743) on Nov. 21, 2019,
estimating less than $1 million in both assets and liabilities.
Judge Craig A. Gargotta oversees the case.  Heidi McLeod, Esq., at
Heidi McLeod Law Office, is the Debtor's legal counsel.


STAR US BIDCO: Moody's Assigns 'B2' CFR, Outlook Stable
-------------------------------------------------------
Moody's Investors Service assigned initial ratings to Star US
Bidco, LLC, including a corporate family rating of B2 and a
probability of default rating of B2-PD. Concurrently, Moody's
assigned a B2 rating to the company's first lien senior secured
credit facilities, including a $100 million revolver, a $30 million
letter of credit facility and a $535 million term loan. The ratings
outlook is stable.

Proceeds from the proposed debt facilities together with new cash
equity from private equity sponsor Warburg Pincus will fund the
acquisition of Sundyne from current financial sponsor owners BC
Partners Advisors and The Carlyle Group.

"Post the acquisition of Sundyne by its new sponsor, we expect the
company will generate double-digit free cash flow growth supported
by a strong EBITDA margin profile and free cash flow conversion,"
according to Gigi Adamo, Moody's Vice President.

"Further, the company's focus on a niche sector within the energy
end-market with a sizable portion of recurring revenue also
supports Sundyne's credit profile," Adamo added.

Moody's took the following rating actions:

Assignments:

Issuer: Star US Bidco, LLC

  Corporate Family Rating, Assigned B2

  Probability of Default Rating, Assigned B2-PD

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

  Senior Secured 1st Lien Multi Currency Revolving Credit
  Facility, Assigned B2 (LGD3)

  Senior Secured Letter of Credit Facility, Assigned B2 (LGD3)

Outlook Actions:

Issuer: Star US Bidco, LLC

  Outlook, Assigned Stable

RATINGS RATIONALE

Star US Bidco, LLC's (dba Sundyne) B2 CFR reflects its relatively
modest $312 million revenue base, exposure to cyclical energy
end-markets and high financial leverage, with debt-to-EBITDA
(including Moody's standard adjustments) expected to improve from
6.0x at transaction close to a still high 5.5x by year-end 2020,
albeit further towards 5.0x over the ensuing two-to-three years as
earnings growth and mandatory debt repayments are made.

The rating also considers the mission-critical nature of Sundyne's
products, high EBITDA margins, and the significant proportion of
revenue (over 50%) from higher margin aftermarket sales owing to
the company's large installed base which provides some balance to
the more cyclical OE oil & gas markets. Although EBITDA margins are
periodically affected by the company's product mix between OEM and
aftermarket, the company's overall EBITDA margin profile is
expected to remain high at well over 25%, and absolute EBITDA
growth is anticipated.

Sundyne's focus on high technology content in its products due to
their mission-critical nature and high cost of failure provides it
with a competitive advantage that translates into healthy margins.
The company maintains well-established relationships supported by
strong brands in niche markets served and a blue-chip customer
base.

The stable outlook is based on the expectation that end-market
conditions will remain stable and the company will grow its top
line in the mid-single digit range over the next two years and
generate double digit free cash flow during the same time period
while maintaining a good liquidity profile.

An upward rating action would be driven by revenue growth,
debt-to-EBITDA improving to and being sustained at 3.5 times or
below, EBITA-to-interest exceeding 3.0x and free cash flow-to-debt
increasing to double-digit levels while a good liquidity profile is
maintained.

A downward rating action could develop if debt-to-EBITDA were to
exceed 5.75x, EBITA-to-interest were to fall below 1.5x or free
cash flow were to turn negative. A more aggressive financial policy
given the company's private equity ownership, including a sizable
debt-financed dividend, would also exert downward ratings
pressure.

Headquartered in Arvada, Colorado, Sundyne is a manufacturer of
pumps and compressors sold under well-established brands such as
Sundyne, SUNFLO, HMD, Marelli Pumps, ANSIMAG and PPI primarily to
the oil & gas end-market. The company is a carve-out from Accudyne
Industries and is expected to be bought by Warburg Pincus from BC
Partners and The Carlyle Group L.P. during the first half of 2020.
Annual revenues approximate $312 million.

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


STEM HOLDINGS: Delays Form 10-Q for Quarter Ended Dec. 31
---------------------------------------------------------
Stem Holdings, Inc. filed a Form 12b-25 with the Securities and
Exchange Commission notifying the delay in the filing of its
Quarterly Report on Form 10-Q for the period ended Dec. 31, 2019.
The Company was unable to file its Form 10-Q within the prescribed
time period without unreasonable effort or expense. The Company
anticipates that it will file its Form 10-K within the grace period
provided by Exchange Act Rule 12b-25.

                      About Stem Holdings

Headquartered in Boca Raton, Florida, Stem Holdings, Inc. --
http://www.stemholdings.com/-- is a multi state operator,
vertically integrated cannabis company with state-of-the-art,
growing, cultivation, processing, extraction, retail, and
distribution operations.

Stem incurred a net loss of $7.86 million for the fiscal year ended
Sept. 30, 2018, compared to a net loss of $2.75 million for the
fiscal year ended Sept. 30, 2017.  As of June 30, 2019, Stem
Holdings had $40.80 million in total assets, $5.70 million in total
liabilities, and $35.10 million in total equity.

LJ Soldinger Associates, LLC, in Deer Park, IL, the Company's
auditor since 2016, issued a "going concern" qualification in its
report dated Jan. 14, 2019, on the Company's consolidated financial
statements for the year ended Sept. 30, 2018, citing that the
Company and its affiliates, in the upcoming year, are expected to
start engaging in the production and sale of cannabis and related
products, an activity that is illegal under United States Federal
law for any purpose, by way of Title II of the Comprehensive Drug
Abuse Prevention and Control Act of 1970, otherwise known as the
Controlled Substances Act of 1970.  This fact raises substantial
doubt as to the Company's ability to continue as a going concern.


STORMBREAK RANCH-FW: Seeks to Hire Lott Firm as Counsel
-------------------------------------------------------
Stormbreak Ranch-FW, LP, seeks authority from the U.S. Bankruptcy
Court for the Western District of Texas to employ The Lott Firm,
PLLC, as counsel to the Debtor.

Stormbreak Ranch-FW requires Lott Firm to represent and provide
legal services with respect to the Debtor's business and management
of the Debtor's business and management of the Debtor's property
and perform all legal services which may be necessary in the
bankruptcy proceedings.

Lott Firm will be paid at the hourly rate of $200.

The Debtor paid Lott Firm a retainer of $4,000, inclusive of filing
fee. Of the retainer, the amount of $2,757 was deducted for fees
and expenses, leaving a balance of $1,243 in the Firm's trust
account.

Lott Firm will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Ryan Lott, partner of The Lott Firm, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and does not represent any interest
adverse to the Debtor and its estates.

Lott Firm can be reached at:

     Ryan Lott, Esq.
     THE LOTT FIRM
     100 Congress Avenue
     Austin, TX 78701
     Tel: (512) 809-6951
     E-mail: thelottfirm@gmail.com

                 About Stormbreak Ranch-FW

Stormbreak Ranch-FW, LP, based in Houston, TX, filed a Chapter 11
petition (Bankr. W.D. Tex. Case No. 20-10040) on Jan. 7, 2020.  In
the petition signed by Daniel J. Parish, manager, the Debtor
disclosed $4,475,905 in assets and $4,508,267 in liabilities.  The
Hon. Christopher H. Mott presides over the case.  Ryan Lott, Esq.,
at The Lott Firm, serves as bankruptcy counsel to the Debtor.


SUMMIT VIEW: Court Conditionally Approves Disclosure Statement
--------------------------------------------------------------
The Bankruptcy Court ordered that the Disclosure Statement
explaining the Chapter 11 Plan filed by Summit View, LLC is
conditionally approved.

The Court will conduct a hearing on confirmation of the Plan,
including timely filed objections to confirmation, objections to
the Disclosure Statement, motions for cramdown, applications for
compensation, and motions for allowance of administrative claims on
April 1, 2020 at 10:30 a.m. in Tampa, FL − Courtroom 8A, Sam M.
Gibbons United States Courthouse, 801 N. Florida Avenue.

Objections to confirmation must be filed and served no later than
seven days before the date of the Confirmation Hearing.

Parties in interest shall submit to the Clerk's office their
written ballot accepting or rejecting the Plan no later than eight
days before the date of the Confirmation Hearing.

The Debtor must file a ballot tabulation no later than 96 hours
prior to the time set for the Confirmation Hearing.

                       About Summit View

Summit View, LLC is a single asset real estate debtor (as defined
in 11 U.S.C. Section 101(51B)).

It previously filed Chapter 11 petition (Bankr. M.D. Fla. Case No.
09-06495) on April 2, 2009.

Summit View sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 19-10111) on Oct. 24, 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.  

In the new Chapter 11 case, the Debtor tapped Alberto F. Gomez,
Jr., Esq., at Johnson, Pope, Bokor, Ruppel & Burns, LLP as
bankruptcy counsel.  Stearns Weaver Miller Weissler Alhadeff &
Sitterson, P.A., is special counsel.


SUNESIS PHARMACEUTICALS: Adopts 2020 Bonus Program
--------------------------------------------------
The Compensation Committee of the Board of Sunesis Pharmaceuticals,
Inc. approved the 2020 Bonus Program.  The 2020 Bonus Program
provides Sunesis' executive officers and other eligible employees
the opportunity to earn bonuses based on the level of achievement
by Sunesis of certain corporate objectives, or the Corporate
Objectives, and by each participant of certain individual
objectives, or the Individual Objectives, from Jan. 1, 2020 through
Dec. 31, 2020.

The Committee has approved the Corporate Objectives for 2020.  The
Committee will set the Individual Objectives of the executive
officer participants based on the recommendations of the chief
executive officer.  The Individual Objectives of non-executive
participants will be set by each participant's immediate
supervisor.  Each eligible participant in the 2020 Bonus Program
may receive a bonus in an amount up to a specified percentage of
such participant's annual base salary earned in 2020, or the Bonus
Targets; provided, that the Committee may, in its sole discretion,
pay all or any portion of an earned bonus to any participant in
shares of common stock granted under the 2011 Equity Incentive
Plan.  Under the 2020 Bonus Program, the Bonus Targets range from
30.0% to 55.0% of a participant's 2020 base salary for vice
president level employees and above.  Bonus Targets for
participants will be correspondingly adjusted downward in the event
the Corporate Objectives are deemed by the Committee to have not
been fully achieved.  The Committee also has the right, in its sole
discretion, to adjust the Bonus Target of any participant upward in
the event of over-achievement of the Corporate Objectives as
determined by the Committee.  The Committee has set the Bonus
Targets for each named executive officer as follows:

                                                         Bonus
                                                         Target
  Named Executive Officer                              Percentage
  -----------------------                              ----------
  William P. Quinn                                        35%
  Chief Financial Officer and
  Senior Vice President, Finance and
  Corporate Development

  Judith A. Fox                                           40%
  Chief Scientific Officer and
  Executive Vice President,
  Research & Development

Sunesis' interim chief executive officer, Dayton Misfeldt, is not
eligible to participate in the 2020 Bonus Program.

The Committee will determine the degree to which the Corporate
Objectives have been met after considering any analyses and
recommendations of management.  Based on such determination, the
Committee will adjust these Bonus Targets accordingly.

The Committee will also determine the level of achievement of the
Individual Objectives by executive officer participants based on
the recommendations of the chief executive officer.  The level of
achievement of Individual Objectives by non-executive participants
will be determined by the Committee based on recommendations of an
executive committee designated by the Committee.

There is no set formula for determining the bonus amount under the
2020 Bonus Program based on the achievement of the Corporate and
Individual Objectives.  Rather, the Committee will exercise its
discretion in determining the bonus amount actually earned by each
participant.  Awards under the 2020 Bonus Program are expected to
occur in the first quarter of 2021.  A participant must remain an
employee on the payment date under the 2020 Bonus Program to be
eligible to earn a bonus.

                   About Sunesis Pharmaceuticals

Headquartered in San Francisco, California, Sunesis --
http://www.sunesis.com/-- is a biopharmaceutical company
developing novel targeted inhibitors for the treatment of
hematologic and solid cancers.  Sunesis has built an experienced
drug development organization committed to improving the lives of
people with cancer.  The Company is focused on advancing its novel
kinase inhibitor pipeline, with an emphasis on its oral
non-covalent BTK inhibitor vecabrutinib.  Vecabrutinib is currently
being evaluated in a Phase 1b/2 study in adults with chronic
lymphocytic leukemia and other B-cell malignancies that have
progressed after prior therapies.

Sunesis incurred a net loss of $26.61 million in 2018 following a
net loss of $35.45 million in 2017.  As of Sept. 30, 2019, the
Company had $41.61 million in total assets, $9.31 million in total
liabilities, and $32.29 million in total stockholders' equity.

Ernst & Young LLP, in San Jose, California, the Company's auditor
since 1998, issued a "going concern" qualification in its report
dated March 7, 2019, on the Company's consolidated financial
statements for the year ended Dec. 31, 2018, citing that the
Company has suffered recurring losses from operations and has
stated that substantial doubt exists about the Company's ability to
continue as a going concern.


SUNOPTA INC: Barrow Hanley Has 7% Stake as of Dec. 31
-----------------------------------------------------
Barrow, Hanley, Mewhinney & Strauss, LLC disclosed in a Schedule
13G filed with the Securities and Exchange Commission that
as of Dec. 31, 2019, it beneficially owns 6,153,296 shares of
common stock of SunOpta Inc., which represents 7.00 percent of the
shares outstanding.  A full-text copy of the regulatory filing is
available for free at:

                    https://is.gd/H6qY1r

                     About SunOpta Inc.

Headquartered in Ontario, Canada, SunOpta Inc. is a global company
focused on organic, non-genetically modified ("non-GMO") and
specialty foods.  SunOpta specializes in the sourcing, processing
and packaging of organic and non-GMO food products, integrated from
seed through packaged products; with a focus on strategic
vertically integrated business models.  SunOpta's organic and
non-GMO food operations revolve around value-added grain, seed,
fruit and vegetable-based product offerings, supported by a global
sourcing and supply infrastructure.

SunOpta reported a net loss of $109.14 million for the year ended
Dec. 29, 2018, a net loss of $134.57 million for the year ended
Dec. 30, 2017, and a net loss of $51.13 million for the year ended
Dec. 31, 2016.  As of Sept. 28, 2019, the Company had US$958.61
million in total assets, US$741.71 million in total liabilities,
US$82.21 million in series A preferred stock, and US$134.70 million
in total equity.

                          *    *    *

As reported by the TCR on Sept. 18, 2019, S&P Global Ratings
lowered its issuer credit rating on Mississauga, Ont.-based SunOpta
Inc. to 'CCC' from 'CCC+'.  The downgrade reflects weak operating
performance due to crop shortages in SunOpta's key strawberry
sourcing regions.


SUNOPTA INC: Point72 Asset, et al. Report 6.3% Stake as of Dec. 31
------------------------------------------------------------------
Point72 Asset Management, L.P., Point72 Capital Advisors, Inc., and
Steven A. Cohen disclosed in an amended Schedule 13G filed with the
Securities and Exchange Commission that as of Dec. 31, 2019, they
may be deemed to beneficially own 5,523,477 shares of common stock
of SunOpta Inc. (constituting approximately 6.3% of the Shares
outstanding).  

Point72 Asset Management, Point72 Capital Advisors, and Mr. Cohen
own directly no Shares.  Pursuant to an investment management
agreement, Point72 Asset Management maintains investment and voting
power with respect to the securities held by certain investment
funds it manages.  Point72 Capital Advisors Inc. is the general
partner of Point72 Asset Management.  Mr. Cohen controls each of
Point72 Asset Management and Point72 Capital Advisors Inc.  

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

                     https://is.gd/sKpXFE

                      About SunOpta Inc.

Headquartered in Ontario, Canada, SunOpta Inc. is a global company
focused on organic, non-genetically modified ("non-GMO") and
specialty foods.  SunOpta specializes in the sourcing, processing
and packaging of organic and non-GMO food products, integrated from
seed through packaged products; with a focus on strategic
vertically integrated business models.  SunOpta's organic and
non-GMO food operations revolve around value-added grain, seed,
fruit and vegetable-based product offerings, supported by a global
sourcing and supply infrastructure.

SunOpta reported a net loss of $109.14 million for the year ended
Dec. 29, 2018, a net loss of $134.57 million for the year ended
Dec. 30, 2017, and a net loss of $51.13 million for the year ended
Dec. 31, 2016.  As of Sept. 28, 2019, the Company had US$958.61
million in total assets, US$741.71 million in total liabilities,
US$82.21 million in series A preferred stock, and US$134.70 million
in total equity.
  
                           *   *    *

As reported by the TCR on Sept. 18, 2019, S&P Global Ratings
lowered its issuer credit rating on Mississauga, Ont.-based SunOpta
Inc. to 'CCC' from 'CCC+'.  The downgrade reflects weak operating
performance due to crop shortages in SunOpta's key strawberry
sourcing regions.


SUNPOWER CORP: Reports Q4 and Fiscal Year 2019 Results
------------------------------------------------------
Fourth Quarter Company Highlights

  * Strong demand in U.S. and international distributed   
    generation (DG) markets

  * Exceeded fourth quarter cash target, successful capital
    raise, business unit cash generation

  * Announced decision to create two strategically-aligned, and
    independent companies

SunPower Energy Services (SPES)

  * Record fourth quarter residential revenue with 27 percent
    megawatt (MW) growth versus fourth quarter 2018

  * Positive field results from residential Equinox Storage
    product beta tests

  * Strong commercial direct origination performance -
    restructuring commercial execution organization

SunPower Technologies (SPT)

* Record global shipments - more than 80 percent year over year
   volume growth

* Announced proposed spin-off of Maxeon Solar Technologies
  (Maxeon Solar) to shareholders

* $298 million TZS equity investment in Maxeon Solar to
   accelerate Maxeon-5 capacity ramp

Fourth Quarter 2019 Results

"Overall, we exited the year with solid fourth quarter financial
performance despite execution challenges in our commercial direct
business," said Tom Werner, SunPower CEO and chairman of the board.
"We also achieved a number of important strategic milestones
during the quarter.  These included the announcement of our
proposed Maxeon Solar spin-off and planned equity investment from
TZS, initial installations of our residential Equinox Storage
system as well as a successful capital raise and partial
convertible bond retirement to further strengthen our balance
sheet."

SunPower Energy Services (SPES)

"The strategic decision to combine our residential and commercial
dealer operations into a combined channels business is paying
dividends as we posted strong financial results for this unit in
the fourth quarter.  Our residential business achieved record
revenue and installation volume, and in new homes, we remain the
market leader as we grew this business by more than 50 percent last
year and exited 2019 with a backlog of 45,000 homes.  We expect new
homes volume growth to exceed 50 percent in 2020 as we leverage the
current California new home solar mandate.  Finally, we remain very
excited about the launch of our Equinox Storage product as we added
to our beta installations in the fourth quarter and see strong
demand for Equinox Storage in 2020.

"In Commercial Direct, we maintained our market share lead and
increased installation volume year over year.  Our origination
teams once again performed well, but deployment execution remained
challenged.  As a result of this underperformance, we have taken a
number of steps to improve results including changes to our
reporting structure, instituting new processes to streamline
permitting and regulatory requirements and actions to improve
installation execution.  We now expect our commercial direct
business to return to profitability in the second half of this
year.  Demand for our Helix Storage solution remains strong as
evidenced by our plan to add 20 megawatt hours (MWh) of storage to
the Chevron Lost Hills solar project, our largest commercial
storage award to date.  Additionally, our storage pipeline
continues to expand, now exceeding 175-MW with attach rates of 35
percent.

SunPower Technologies (SPT)

"SPT posted a very strong quarter, beating our financial targets
across the board including volume, revenue, margin, EBITDA, and
cash flow.  Growth was driven primarily by demand in the global DG
markets, with DG volume up over 95 percent year-over-year.  For the
full year 2019, DG shipments grew approximately 75 percent.  During
the fourth quarter, we completed commercialization of our Maxeon 5
technology, ramping our first line-pair to full production.
Customer demand for this product is strong, and the technology is
ready for accelerated ramp consistent with the planned $298 million
equity investment from TZS.  Demand for our Performance Series
(P-Series) product also remains high, comprising approximately half
of our fourth quarter and full year 2019 shipment volume.

"Finally, we were pleased to announce the strategic decision to
separate into two independent, complementary, strategically-aligned
and publicly-traded companies: SunPower and Maxeon Solar. This
separation will enable each company to focus on distinct offerings
built on extensive experience across the solar value chain while,
we believe, unlocking long-term shareholder value. We remain on
track to complete the separation in the second quarter of fiscal
2020, subject to closing conditions," Werner concluded.

Consolidated Financials

"Our solid fourth quarter performance reflects the results of our
focus on the DG market and increased operational discipline," said
Manavendra Sial, SunPower chief financial officer.  "In relation to
the balance sheet, we increased our liquidity as we generated
positive cash at the business unit level, completed a successful
capital raise and retired more than $30 million of convertible debt
in the first quarter of 2020.  We also continued to prudently
manage our expenses while meeting our cost reduction targets.  We
remain committed to achieving positive cash flow this year while
continuing to improve our profitability throughout 2020."

Fourth quarter fiscal year 2019 non-GAAP results exclude net
adjustments that, in the aggregate, increased non-GAAP earnings by
$30.4 million, including $27.5 million related to the cost of
above-market polysilicon, $18.7 million related to business
reorganization costs and restructuring charges, $8.0 million
related to stock-based compensation expense, $1.8 million related
to amortization of intangible assets, and $2.6 million related to
other non-recurring items, partially offset by $28.2 million
related to mark-to-market gain on equity investments, and tax
effect of these items.

Financial Outlook

The Company's first quarter 2020 GAAP and non-GAAP guidance is as
follows: on a GAAP basis, revenue of $435 million to $470 million,
gross margin of 3 percent to 6 percent and net loss of $85 million
to $70 million.  On a non-GAAP basis, the company expects revenue
of $435 million to $470 million, gross margin of 9 percent to 12
percent, Adjusted EBITDA of ($15) million to $0 million and MW
deployed in the range of 520 MW to 570 MW.

The company's fiscal year 2020 GAAP and non-GAAP guidance is as
follows: on a GAAP basis, revenue of $2.1 billion to $2.3 billion
and a net loss of $195 million to $145 million.  On a non-GAAP
basis, revenue of $2.1 billion to $2.3 billion and operational
expenses of less than $260 million. Gigawatts recognized is
expected to be in the range of 2.5 GW to 2.75 GW and capital
expenditures of approximately $100 million.

As a result of the restructuring of its commercial direct business,
the company expects fiscal year 2020 Adjusted EBITDA guidance in
the range of $125 million to $175 million.

                        About SunPower

Headquartered in San Jose, California, SunPower Corporation --
http://www.sunpower.com/-- provides a diverse group of customers
with complete solar solutions and services.  The company serves
residential customers, businesses, governments, schools, and
utilities.

SunPower reported a net loss of $917.5 million for the fiscal year
ended Dec. 30, 2018, a net loss of $1.17 billion for the fiscal
year ended Dec. 31, 2017, and a net loss of $521.4 million for the
fiscal year ended Jan. 1, 2017.  As of Sept. 29, 2019, SunPower had
$1.89 billion in total assets, $2.05 billion in total liabilities,
and a total deficit of $160.3 million.


SUNPOWER CORP: Vanguard Group Has 6.4% Stake as of Dec. 31
----------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, The Vanguard Group disclosed that as of Dec. 31, 2019,
it beneficially owns 10,759,225 shares of common stock of SunPower
Corp, which represents 6.40 percent of the shares outstanding.

Vanguard Fiduciary Trust Company, a wholly-owned subsidiary of The
Vanguard Group, Inc., is the beneficial owner of 56,656 shares or
0.03% of the Common Stock outstanding of the Company as a result of
its serving as investment manager of collective trust accounts.

Vanguard Investments Australia, Ltd., a wholly-owned subsidiary of
The Vanguard Group, Inc., is the beneficial owner of 15,006 shares
or 0.00% of the Common Stock outstanding of the Company as a result
of its serving as investment manager of Australian investment
offerings.

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

                     https://is.gd/PaPZIr

                        About SunPower

Headquartered in San Jose, California, SunPower Corporation --
http://www.sunpower.com/-- provides a diverse group of customers
with complete solar solutions and services.  The company serves
residential customers, businesses, governments, schools, and
utilities.

SunPower reported a net loss of $917.49 million for the fiscal year
ended Dec. 30, 2018, a net loss of $1.17 billion for the fiscal
year ended Dec. 31, 2017, and a net loss of $521.41 million for the
fiscal year ended Jan. 1, 2017.  As of Sept. 29, 2019, SunPower had
$1.89 billion in total assets, $2.05 billion in total liabilities,
and a total deficit of $160.25 million.


SWINGING TAIL: Court Conditionally Approves Disclosure Statement
----------------------------------------------------------------
Judge Joseph N. Callaway has ordered that the disclosure statement
explaining the Chapter 11 Plan filed by Swinging Tail Cattle Co.,
Inc., is conditionally approved.

The hearing on confirmation of the Plan is scheduled on Tuesday,
March 24, 2020, at 10:00 a.m., in Randy D. Doub United States
Courthouse, 2nd Floor Courtroom, 150 Reade Circle, Greenville, NC
27858.

March 17, 2020 is fixed as the last day for filing and serving
written objections to confirmation of the plan.

March 17, 2020 is fixed as the last day for filing written
acceptances or rejections of the plan.

                 About Swinging Tail Cattle Co.

Swinging Tail Cattle Co., Inc., a privately held company in the
agricultural production, farms and livestock industry, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.C.
Case No. 19-05701) on Dec. 12, 2019.  In the petition signed by
Jacqueline W. Lennon, president, the Debtor was estimated to have
$500,000 to $1 million in assets and $1 million to $10 million in
liabilities.  Judge Joseph N. Callaway oversees the case.  David J.
Haidt, Esq., at Ayers & Haidt, PA, is the Debtor's legal counsel.


SWINGING TAIL: Has Until March 11 to File Plan & Disclosures
------------------------------------------------------------
Debtor Swinging Tail Cattle Co., Inc., filed with the U.S.
Bankruptcy Court for the Eastern District of North Carolina,
Wilmington Division, a petition for relief under Chapter 11 of the
Bankruptcy Code on December 12, 2019.

On Jan. 28, 2020, Judge Joseph N. Callaway ordered that:

  * The Debtor must file a plan and disclosure statement on or
before March 11, 2020.

  * A status conference will be held on Feb. 11, 2020, at 10:00
a.m., in Randy D. Doub United States Courthouse, 2nd Floor
Courtroom, 150 Reade Circle, Greenville, NC 27858.

A full-text copy of the order dated January 28, 2020, is available
at https://tinyurl.com/wdlja87 from PacerMonitor at no charge.

                About Swinging Tail Cattle Co.

Swinging Tail Cattle Co., Inc., a privately held company in the
agricultural production, farms and livestock industry, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.C.
Case No. 19-05701) on Dec. 12, 2019.  In the petition signed by
Jacqueline W. Lennon, president, the Debtor estimated $500,000 to
$1 million in assets and $1 million to $10 million in liabilities.
Judge Joseph N. Callaway oversees the case.  David J. Haidt, Esq.,
at Ayers & Haidt, PA, is the Debtor's legal counsel.


TECOSTAR HOLDINGS: Moody's Affirms B3 CFR, Outlook Remains Stable
-----------------------------------------------------------------
Moody's Investors Service affirmed TecoStar Holdings, Inc.'s B3
Corporate Family Rating, B3-PD Probability of Default Rating and B2
rating of the company's secured first lien term loan. The outlook
remains stable.

The rating action follows the company's announcement that it will
raise $135 million in incremental financing as an add-on to the
existing secured first lien term loan. The proceeds from this
add-on financing will be used to pay dividends and to cover
transaction-related expenses.

The debt-financed dividend payout will increase the company's
leverage to approximately 6.9 times, from 5.9 times as of 30
September 2019. The affirmation of TecoStar's ratings reflects
Moody's expectations that the company will be able to deleverage
gradually in the next 12-18 months primarily through continued
growth in earnings while maintaining a very good liquidity
profile.

Ratings affirmed:

TecoStar Holdings, Inc.

  Corporate Family Rating at B3

  Probability of Default Rating at B3-PD

  $695 million (including proposed $135 million add on)
  senior secured first lien term loan at B2 (LGD 3)

Outlook action:

  The rating outlook is stable

RATINGS RATIONALE

TecoStar's B3 CFR reflects the company's high financial leverage,
very high customer concentration, and business risks associated
with the contract manufacturing business. The business risks
include potential fluctuations in medical device customer demand
and inventory levels, less favorable payment terms offered by large
medical device customers and industrywide pricing pressure. Moody's
estimates that the company's adjusted debt/EBITDA was approximately
6.9 times as of 30 September 2019, pro-forma for the proposed
debt-funded dividend. TecoStar's top five customers represent
approximately 63% of sales. The company's financial policies are
considered aggressive, as evidenced by the proposed debt-financed
dividend.

The B3 CFR benefits from the company's competitive scale in the
highly fragmented medical device contract manufacturing industry,
strong market position and relatively good profit margins.
Tecostar's expertise in providing contract manufacturing services
to the aerospace and defense industry, a small but growing business
for the company, also provides diversification benefits. The
company's rating also benefits from regulatory constraints which
makes switching costs for its customers is high.

Medical device companies face moderate social risk primarily
related to responsible production and satisfactorily responding to
social and demographic trends. For TecoStar, the social risks are
primarily associated with responsible production include compliance
with regulatory requirements for the safety of medical devices as
well as adverse reputational risks arising from recalls associated
with manufacturing defects.

The stable outlook reflects its view that TecoStar the company will
be able to deleverage gradually in the next 12-18 months primarily
through earnings growth.

The ratings could be downgraded if TecoStar faces revenue and
earnings pressure, if liquidity deteriorates, or if the company
engages in debt-financed acquisitions or further shareholder
initiatives that increase financial leverage. Quantitatively,
ratings could be downgraded if debt/EBITDA is sustained above 7.5
times.

The ratings could be upgraded if the company sustains revenue
growth and free cash flow while diversifying its business by
customer and end-market. Quantitatively, ratings could be upgraded
if debt/EBITDA approaches 6.0 times.

The principal methodology used in these ratings was Medical Product
and Device Industry published in June 2017.

Headquartered in Wilmington, Massachusetts, TecoStar Holdings, Inc.
performs contract manufacturing services, primarily for companies
within the medical device industry. Charlesbank Capital Partners
LLC, is the majority shareholder in TecoStar. Revenues are
approximately $574 million.


TMS CONTRACTORS: Texas Citizens Objects to Disclosure Statement
---------------------------------------------------------------
Texas Citizens Bank, N.A., a creditor and party-in-interest, filed
a limited objection to the Disclosure Statement in support of the
Plan of Reorganization of debtor TMS Contractors, LLC.

TCB is a secured creditor of the Debtor arising from four
commercial loans made to the Debtor secured by real estate,
accounts receivable and a forklift. In connection with the loans
made by TCB to the Debtor, TCB also extended five commercial loans
to individuals and companies affiliated with or related to the
Debtor for which the Debtor has pledged certain interests as
collateral.

Included in the exhibits to the Disclosure Statement and Plan is a
proposed Financing Agreement between TCB, the Debtor, and
non-debtor affiliates of the Debtor whereby TCB proposes to lend
the Debtor $350,000.00 through a line of credit arrangement with
such funds to be used to finance certain litigation claims held by
the Debtor. Pursuant to the Disclosure Statement, the litigation
claims are the sole asset of the Debtor’s estate and the
mechanism through which the Debtor intends to raise funds to pay
its outstanding obligations.

While TCB supports the overall construct of the Disclosure
Statement and Plan, TCB filed a limited objection to the Disclosure
Statement to advise the Court that the final terms of the Financing
Agreement proposed by the Debtor and included as an exhibit to the
Disclosure Statement and Plan have not yet been fully negotiated or
finalized between TCB, the Debtor, and its affiliated parties.

A full-text copy of Texas Citizens' objection to disclosure dated
January 28, 2020, is available at https://tinyurl.com/rt5h5ed from
PacerMonitor at no charge.

Counsel for Texas Citizens:

      WALDRON & SCHNEIDER, PLLC
      Kimberly A. Bartley
      15150 Middlebrook Drive
      Houston, Texas 77058
      Tel: 281-488-4438
      Fax: 281-488-4597
      E-mail: kbartley@ws-law.com

                     About TMS Contractors
                       and TMSC Properties

TMS Contractors, LLC -- https://www.tmsbuilds.com/ -- is a general
contractor specializing in residential, commercial, and industrial
buildings. It can supply pre-engineered, conventional or hybrid
steel solutions for all building needs from complete design,
engineered and fabricated building systems to conventional steel
for building structure.  

TMSC Properties, an affiliate of TMS Contractors, is primarily
engaged in leasing real estate properties.

TMS Contractors and TMSC Properties sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D. Tex. Case Nos. 19-33555 and
19-33556) on June 27, 2019.  At the time of the filing, TMS
Contractors disclosed $6,031,517 in assets and $2,958,214 in
liabilities; and TMSC Properties disclosed $5,559,541 in assets and
$1,783,866 in liabilities.  

The case has been assigned to Judge David R. Jones.

Attorney Donald Wyatt, PC is the Debtor's bankruptcy counsel.


TMSC PROPERTIES: To Seek Plan Confirmation on March 12
------------------------------------------------------
Judge Marvin Isgur has ordered that the Disclosure Statement
explaining the Chapter 11 Plan filed by TMSC Properties, LLC, is
approved.

The hearing at which the Court will determine whether to confirm
the Plan will take place on March 12, 2020 at 4:00 pm, in Courtroom
403, at the Bob Casey Federal Courthouse, 515 Rusk, Houston, Texas
77002.

March 6, 2020 at 5:00 PM CST is fixed as the last day for filing
and serving written objections to confirmation of the Plan, and the
last day for filing written acceptances or rejections of the Plan.

Under the Plan, Class 3A Secured claim of Texas Citizens Bank Note
#7051014 (Proof of Claim # 7-1), in the allowed secured amount of
$646,146 is impaired.  The creditor will receive monthly payments
of $4,629 beginning in March 1, 2020, until paid in full, with
interest of 6.0% in Feb. 1, 2040.  Other secured creditors will
receive similar treatment.

General unsecured creditors are classified in in the Plan in
Classes 4A and Class 4B.  Following the Bar Date, there are no
known allowed Class 4B claims.  If there are any allowed, they will
receive 100% payment of each allowed claim over time. Class 4A
claims will receive payment up to 100% of their claim with accrued
interest, if, but only if, the investment of the Debtor in
Brittmoore SS Investment, LLC (Brittmoore Ave Self Storage
Facility) is monetized eventually in an amount sufficient to fund
Class 4A claims.

Class 4A Allowed claims of general unsecured creditors who are
investors in the Brittmoore Project are IMPAIRED.  Holders will
receive payment from any funds recovered as a result of eventual
sale of the Brittmoore project and subsequent distributions to
membership interests therein or, if 950-1050 North Pine is sooner
sold, will be paid in part from the net proceeds of 950-1050 North
Pine and then the balance paid from the sale of the Brittmoore self
storage facility and subsequent distributions to membership
interests therein.

Class 4B Allowed claims of general unsecured creditors who not are
entitled to payment in any other class are also IMPAIRED.  Holders
will receive payments for the full allowed amount of their class 4B
claims payable over a 60 month period together with 4.25% interest
thereon with payments to commence on the effective date of the
plan.

The Debtor will continue to operate its rental business in order to
generate cash flows to service costs of doing business,
administrative expenses, mortgage payments and interest payments
under obligations created in the Plan.

A full-text copy of the Disclosure Statement dated Feb. 3, 2020, is
available at https://tinyurl.com/szm7ozp from PacerMonitor.com at
no charge.

Attorney for the Debtor:

     Donald L. Wyatt, Jr.
     26418 Oak Ridge Dr.
     The Woodlands, TX 77380
     Tel: 281-419-8733
     Fax: 281-419-8703
     E-mail: don.wyatt@wyattpc.com

                     About TMS Contractors
                      and TMSC Properties

TMS Contractors, LLC -- https://www.tmsbuilds.com/ -- is a general
contractor specializing in residential, commercial, and industrial
buildings.  It can supply pre-engineered, conventional or a hybrid
steel solutions for all building needs from complete design,
engineered and fabricated building systems to conventional steel
for building structure.  

TMSC Properties, LLC, an affiliate of TMS Contractors, is primarily
engaged in leasing real estate properties.

TMS Contractors and TMSC Properties sought protection under
Chapter
11 of the Bankruptcy Code (Bankr. S.D. Texas Case Nos. 19-33555
and
19-33556) on June 27, 2019.

At the time of the filing, TMS Contractors disclosed $6,031,517 in
assets and $2,958,214 in liabilities.  TMSC Properties disclosed
$5,559,541 in assets and $1,783,866 in liabilities.  The case has
been assigned to Judge David R. Jones.  Attorney Donald Wyatt, PC
is the Debtor's bankruptcy counsel.


TRUDY'S TEXAS STAR: Gets Interim Approval on Cash Collateral Use
----------------------------------------------------------------
Judge H. Christopher Mott authorized Trudy's Texas Star, Inc., to
use cash collateral in the amount of $75,000 to pay for
post-petition wages and $15,000 for food, beverages, liquor and
supplies.  The Court granted all parties-in-interest (with respect
to the cash collateral) a replacement lien to the extent of cash
collateral used to the same extent, priority and validity as their
pre-petition liens.

The Court ruled that as adequate protection to the Texas
Comptroller, the Debtor will, among others:
   * establish a "Texas Sales Tax and Mixed Beverage Sales Tax
Escrow Account" at an approved depository institution, and
  * deposit, at least weekly, into said account all sales tax and
mixed beverage sales tax collected as part of Debtor's operations
beginning within seven days of the entry of any interim or final
order.

A copy of the interim order is available at https://is.gd/FavJLK
from PacerMonitor.com free of charge.

Thereafter, pursuant to a second interim order, Judge Mott directed
the Debtor to distribute $36,000 to Jiffy Capital, LLC, which funds
may not be subject to clawback by the Debtor or any subsequently
appointed trustee.

The Court further ruled that:
   * the Debtor will be entitled to use the remaining portion of
the funds turned over from Worldpay US, LLC in the operation of its
business as provided in this second interim order,

   * the parties will reserve the issue of future payments to Jiffy
Capital, LLC, as well as their rights to argue over how the
transactions with Jiffy Capital, LLC will be characterized,

   * the Debtor may use up to $75,000 of cash collateral to pay
pre-petition employee wages, as provided in a separate order on the
motion to pay employee wages.

A copy of the second interim order is available for free at
https://is.gd/5QVDbh from PacerMonitor.com.

The Court will convene a third interim hearing on February 21, 2020
at 10:00 a.m.

                   About Trudy's Texas Star

Trudy's Texas Star, Inc., operates a chain of restaurants.  

Trudy's Texas Star, Inc., based in Austin, TX, filed a Chapter 11
petition (Bankr. W.D. Tex. Case No. 20-10108) on Jan. 22, 2020.  In
the petition signed by Stephen Truesdel, authorized representative,
the Debtor was estimated to have $1 million to $10 million in both
assets and liabilities.  The Hon. Tony M. Davis oversees the case.
Stephen W. Sather, Esq., at Barron & Newburger, PC, serves as
bankruptcy counsel.


ULTRA PETROLEUM: Credit Suisse Stake Down to 0% as of Dec. 31
-------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Credit Suisse AG disclosed that as of Dec. 31, 2019, it
beneficially owns 0 shares of common stock of Ultra Petroleum Corp.
A full-text copy of the regulatory filing is available for free
at:

                      https://is.gd/UVvFeK

                     About Ultra Petroleum

Headquartered in Englewood, Colorado, Ultra Petroleum Corp. --
http://www.ultrapetroleum.com-- is an independent energy company
engaged in domestic natural gas and oil exploration, development
and production.  The Company is listed on NASDAQ and trades under
the ticker symbol "UPL".

As of Sept. 30, 2019, the Company had $1.84 billion in total
assets, $2.69 billion in total liabilities, and a total
shareholders' deficit of $843.79 million.

The Nasdaq Stock Market, Inc. had determined to remove from listing
the common stock of Ultra Petroleum Corp., effective on Sept. 3,
2019.  Based on review of information provided by the Company,
Nasdaq Staff determined that the Company no longer qualified for
listing on the Exchange pursuant to Listing Rule 5450(a)(1).

                           *   *    *

As reported by the TCR on Oct. 2, 2019, S&P Global Ratings lowered
the issuer credit rating on U.S.-based oil and gas exploration and
production (E&P) company Ultra Petroleum Corp. to 'CCC-' from
'CCC+'.  The downgrade follows Ultra's recent announcement that it
is suspending drilling in the Pinedale by the end of September in
response to unfavorable natural gas pricing.

In December, 2019, Fith Ratings affirmed the Long-Term Issuer
Default Ratings on Ultra Petroleum Corp. and Ultra Resources, Inc.
at 'CCC'.  Fitch's ratings reflect the expected decline in
production, high leverage metrics, and minimal asset coverage,
which are partially offset by Ultra's low operating and drilling
cost structure and expected ability to maintain neutral FCF in the
near term.


VIDEOMINING CORPORATION: Hires Robert O Lampl as Counsel
--------------------------------------------------------
Videomining Corporation seeks authority from the U.S. Bankruptcy
Court for the Western District of Pennsylvania to employ Robert O
Lampl Law Office, as counsel to the Debtor.

Videomining Corporation requires Robert O Lampl to:

   a. assist in the administration of the Debtor's Estate;

   b. represent the Debtor on matters involving legal issues that
      are present or are likely to arise in the case;

   c. prepare any legal documentation on behalf of the Debtor;

   d. review reports for legal sufficiency; and

   e. furnish information on legal matters regarding legal
      actions and consequences and for all necessary legal
      services connected with Chapter 11 proceedings including
      the prosecution and defense of any adversary proceedings.

Robert O Lampl will be paid at these hourly rates:

     Robert O Lampl              $450
     John P. Lacher              $400
     David L. Fuchs              $375
     Ryan J. Cooney              $300
     Sy O. Lampl                 $250
     Paralegal                   $150

Robert O Lampl will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Robert O Lampl, partner of Robert O Lampl Law Office, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Robert O Lampl can be reached at:

     Robert O Lampl, Esq.
     ROBERT O LAMPL LAW OFFICE
     223 Fourth Avenue, 4th Fl.
     Pittsburgh, PA 15222
     Tel: (412) 392-0330
     Fax: (412) 392-0335
     E-mail: rlampl@lampllaw.com

                 About Videomining Corporation

VideoMining Corporation -- http://www.videomining.com/-- is an
in-store behavior analytics for Consumer Packaged Goods (CPG)
manufacturers and retailers. VideoMining's analytics platform
utilizes a patented suite of sensing technologies to capture
in-depth shopper behavior data. These previously unmeasured
insights are then integrated with multiple other data sources such
as transactions, planograms, product mapping, loyalty and
promotions to fuel comprehensive solutions for optimizing shopper
experience and sales performance.

VideoMining Corporation, based in State College, PA, filed a
Chapter 11 petition (Bankr. W.D. Pa. Case No. 20-20425) on Feb. 4,
2020.  In the petition signed by Rajeev Sharma, CEO, the Debtor was
estimated to have $10 million to $50 million in assets and $1
million to $10 million in liabilities.  Robert O Lampl, Esq., at
Robert O Lampl Law Office, serves as bankruptcy counsel.


VIRGINIA TRUE: Creditors to Get 100% With Interest in Plan
----------------------------------------------------------
Virginia True Corporation has a reorganization plan that provides
that all Statutory Fees, Administrative Claims, Secured Claims,
Priority Tax Claims and General Unsecured Claims will be fully
paid, with interest, if any (i.e., a 100% recovery by all
creditors).  The existing Interests (i.e., equity) in the Debtor
will be cancelled.  The Plan will be implemented through, and the
Distributions contemplated to be made under the Plan will be funded
by, the Exit Package which consists of $5,500,000 in new capital
contributions to the Debtor and $3,000,000 in senior secured "exit"
financing.  On the Effective Date of the Plan, the Debtor will be
recapitalized such that the Interests in the Reorganized Debtor
will be reallocated pursuant to the terms of a mutually agreeable
Operating Agreement.

The Class 3 General Unsecured Claims are UNIMPAIRED. The Allowed
Amounts of the Class 3 General Unsecured Claims will be fully paid,
with interest at the rate of 4% per annum, as follows: (a) a pro
rata Distribution of $4,800,000 on the Effective Date; (b) a pro
rata Distribution of $2,000,000 on the third (3rd) year anniversary
of the Effective Date; and (c) payment of any remaining obligations
on the fourth (4th) year anniversary of the Effective Date.

A full-text copy of the Disclosure Statement dated February 7,
2020, is available at https://tinyurl.com/vhhaww3 from
PacerMonitor.com at no charge.

Counsel to the Debtor:

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

                About Virginia True Corporation

Virginia True Corporation, a New York-based golf resort owner and
developer, sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D.N.Y. Case No. 19-42769) on May 3, 2019.  At the
time of the filing, the Debtor disclosed assets of between $10
million and $50 million and liabilities of the same range.  Judge
Nancy Hershey Lord oversees the case.  Pick & Zabicki LLP is the
Debtor's legal counsel.


W.P. MURPHY: Seeks to Hire Dean W. Greer as Legal Counsel
---------------------------------------------------------
W.P. Murphy, Inc. seeks approval from the U.S. Bankruptcy Court for
the Western District of Texas to employ the Law Offices of Dean W.
Greer as its legal counsel.  

The firm agreed to render legal services for all aspects of the
Debtor's Chapter 11 case, including:

   (a) analysis of the Debtor's financial situation and legal
advice concerning its bankruptcy proceedings;

   (b) preparation and filing of a bankruptcy plan and other legal
papers;

   (c) representation of the Debtor at the meeting of creditors and
confirmation hearing; and

   (d) representation of the Debtor in adversary proceedings and
other contested bankruptcy matters.

The firm will be paid an hourly fee of $300 and will be reimbursed
for all work-related expenses incurred.  

Dean Greer, Esq., declared in a court filing that he is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.  

The firm can be reached through:

   Dean W. Greer
   Law Offices of Dean W. Greer
   2929 Mossrock, Ste. 117
   San Antonio, Texas 78230
   Telephone (210)342-7100
   Telecopier (210)342-3633

                       About W.P. Murphy Inc.

W.P. Murphy, Inc., which conducts business under the names Murphy
Readymix Concrete and William P. Murphy Inc., is a manufacturer of
ready-mixed concrete.  

W.P. Murphy filed a Chapter 11 petition (Bankr. W.D. Tex. Case No.
20-50145) on Jan. 22, 2020.  In the the petition, signed by Kelly
T. Murphy Perez, president, the Debtor reported $1,736,050 in total
assets and $4,762,941 in total liabilities.  

The Law Offices of Dean W. Greer represents the Debtor.  Judge
Craig A. Gargotta oversees the case.


WASTE PRO: Moody's Lowers CFR to B3 & Alters Outlook to Stable
--------------------------------------------------------------
Moody's Investors Service downgraded Waste Pro USA, Inc.'s ratings,
including the corporate family rating to B3 from B2, the
Probability of Default Rating to B3-PD from B2-PD and the senior
unsecured rating to Caa1 from B3. The rating outlook was changed to
stable from negative.

RATINGS RATIONALE

The rating downgrades reflect Moody's expectations for continued
weak earnings and cash flow which have underperformed due to
escalating operating costs, namely labor and vehicle maintenance
expenses, and aggressive growth capital spending. Debt levels
continue to rise with negative free cash flow as a result of
elevated capital expenditures (over 15% of revenues), pushing
debt-to-EBITDA, including Moody's standard adjustments, towards 6x.
With the anticipation of margins to remain challenged into 2021,
the continuation of meaningfully negative free cash flow further
constricts the company's ability to de-lever.

Moody's took the following rating actions on Waste Pro USA, Inc.:

  - Corporate Family Rating, downgraded to B3 from B2

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

  - Senior unsecured notes due 2026, downgraded to Caa1 (LGD4)
    from B3 (LGD4)

  - Rating outlook, changed to stable from negative

The ratings reflect modest scale ($720 million in revenues) with a
regional focus and reliance on the State of Florida. The company
generates considerably lower returns relative to vertically
integrated solid waste industry peers due to its collection-focused
(less than 5% of revenues from higher-margin disposal and transfer
revenues) operating model, maintains high leverage and has been
unable to demonstrate a track record of positive free cash flow.
Free cash flow (cash flow from operations less capital expenditures
less dividends) remains negative due to a high interest expense
burden, modest EBITDA margin, the capital intensity of the
operating model and financial policies oriented toward growth.
Moody's expects Waste Pro's ongoing growth strategy - revenues have
demonstrated a five-year CAGR of 7.5% - to require significant
capital investment, constricting free cash flow and financial
flexibility.

Waste Pro's business model benefits from the relative stability of
the solid waste industry which continues to experience largely
favorable operating conditions despite still high labor and
landfill operating costs. Additionally, the company maintains a
strong presence in the Southeastern US, a region of the country
that is experiencing greater population, job and construction
growth than the rest of the US.

Liquidity is weak with Moody's expectations for Waste Pro to
maintain a minimal cash position ($5 million - $10 million) along
with the continuation of negative free cash flow. Scaling back
growth capital investments closer to a maintenance spending level
could potentially allow for free cash flow generation of $10
million - $20 million per year. A $225 million asset-based lending
(ABL) facility, set to expire in 2023, had over $150 million of
availability at December 31, 2019 after netting borrowings and
posted letters of credit. The company recently obtained covenant
relief through 2020 for the maximum total leverage covenant after
operating with tight headroom throughout much of last year
following the covenant step-down in April 2019.

The stable outlook includes expectations for modestly
weaker-to-flat margins and for free cash flow to again be negative
but begin meaningfully tracking towards a positive level over the
next 12-18 months. Debt-to-EBITDA is anticipated to tick slightly
higher at close to 6x despite capital expenditures scaled back from
prior year levels, resulting in a debt level that is higher at year
end 2020.

From an environmental perspective, Waste Pro operates in an
essential services industry. Accordingly, Moody's expects Waste Pro
to benefit from regulations with demand for collection and disposal
services to increase as more industrial waste streams are regulated
into landfills. Waste Pro complies with environmental laws and
regulations and obtains necessary government permits to operate its
facilities, including the landfills, with no material issues.

Assessing social impacts to the credit profile, workforce
management is becoming increasingly important, with the rise in
labor costs highlighting the need for drivers and skilled
mechanics. Overall, the industry is spending more to not only
recruit but to develop and train workers to increase retention
rates within the crucial first year of employment.

Waste collection is a physically intensive process with constant
chance for physical injury, therefore workers' compensation is an
integral part of risk management. This is especially relevant for
Waste Pro which operates a lower percentage of automated collection
trucks within its fleet relative to industry peers. Additionally,
changes in the waste stream could include minor shifts in the
levels of waste recycled or composted however recycling represents
a minor component of the overall revenue stream.

Considering the corporate governance impact on the ratings, Waste
Pro is owned by its founder and current CEO, resulting in key-man
operating risk. Further, Waste Pro's primary focus has been and
continues to be on growth, reflected by solid top-line expansion
but escalating growth capital expenditures and negative free cash
flow. This strategy has resulted in rising debt balances over the
last five years, thereby steadily weakening the credit profile.

An acceleration of profitable revenue growth leading to stronger
operating margins that demonstrate improving cost controls and
positive free cash flow could result in upward rating pressure.
Debt-to-EBITDA in the 5x-range, on a sustained basis, could also
lead to a potential upgrade. The ratings would face downward
pressure if Waste Pro experienced a contraction in revenues or
further deterioration in margins. Increasingly negative free cash
flow and debt-to-EBITDA in excess of 6.25x could result in negative
rating action. Erosion in the liquidity position, including the
return of covenant compliance issues with the ABL facility could
also adversely affect the ratings.

The principal methodology used in these ratings was Environmental
Services and Waste Management Companies published in April 2018.

Waste Pro USA, Inc. is a Southeast US regionally-concentrated
non-hazardous solid waste management company focused largely on
waste collection operations but also provides transfer, disposal
and recycling services. The company reported revenues of
approximately $720 million for the year ended December 31, 2019.


WPB HOSPITALITY: March 25 Hearing on Disclosure Statement Set
-------------------------------------------------------------
Judge Elizabeth E. Brown has ordered that the hearing to consider
the adequacy of and to approve the Disclosure Statement will be
held on Wednesday, March 25, 2020, at 1:30 p.m., in Courtroom F,
United States Bankruptcy Court for the District of Colorado, United
States Custom House, 721 19th Street, Denver, Colorado.

Objections to the Disclosure Statement must be filed and served not
less than 14 days prior to the date of said hearing.

According to the Disclosure Statement, WPB Hospitality, LLC, has
proposed a Chapter 11 plan that provides:

   * Class 1 is the priority portion of the City and County of
Denver's Proof of Claim for $139,393.50 Use Taxes and the $134.81
for a Storm Drain Lien for which the City and County of Denver has
asserted as a priority claim. This claim will be paid as a priority
claim.

   * Class 2 consists of the secured portion of the City and County
of Denver's claim for real property taxes in the amount of
$101,340.06 for real property taxes for 2017 which property was
foreclosed on by ALC and sold by ALC. The Debtor believes that this
secured portion of the claim was paid as a result of the
foreclosure and sale and no longer remains as a liability of the
Debtor.  The Debtor is working with the City and County of Denver
to resolve this claim.  In the event this portion of the claim is
not withdrawn the Debtor will file an Objection to the claim.  In
the event the claim is allowed as an unsecured claim it will be
paid pursuant to Class 4 the unsecured creditors.

   * Class 3 consists of the claim of American Lending Center, LLC
("ALC") which is disputed. ALC asserts a secured claim in a bank
account jointly held in the name of the Debtor at Northeast Bank.
The Debtor has filed an Objection to ALC's claim. If ALC's claim is
allowed they will be paid from the monies in the Northeast Bank
account. If the claim is allowed as a secured claim against the
bank account it will be paid from the monies in the Northeast Bank
account. If the claim is allowed but as a unsecured claim it will
be paid in accordance with Class 4 the unsecured creditors. In the
event the claim is disallowed no monies will be paid to this
creditor.

   * Class 4 consists of the allowed unsecured creditors of the
Debtor except the claims of Abbas Consulting, Inc. and Frisco
Acquisition, LLC for the purchase of Proofs of Claim numbers 2, 3,
and 4 which were Rio Grande Company; O'Brien Concrete Pumping; and
HD Construction Supply.  The Class 4 creditors will receive 100% of
their allowed claims.

   * Class 5 consists of the unsecured claims of Abbas Consulting,
Inc. and Frisco Acquisition, LLC for the purchase of Proofs of
Claim numbers 2, 3, and 4 which were Rio Grande Company; O'Brien
Concrete Pumping; and HD Construction Supply to the extent allowed
under 11 U.S.C. Sec. 502. These creditors are classified separately
due to the fact that the Debtor maintains claims against them in
the Breach of Fiduciary Duty Litigation.

   * Class 6 consists of the insider unsecured claims of Alpine
Hospitality, Inc. and Wanda S. Bertoia in the amount of $5,784,159.
Pursuant to the Subordination Agreement the Class 6 creditors will
not be paid until all other superior creditors are paid in full.

A full-text copy of the Disclosure Statement dated Feb. 3, 2020, is
available at https://tinyurl.com/su6poxt from PacerMonitor.com at
no charge.

Attorney for the Debtor:

     Arthur Lindquist-Kleissler #9822
     LINDQUIST-KLEISSLER & COMPANY, LLC
     950 S. Cherry Street #418
     Denver CO 80246
     Tel: (303) 691-9774
     Fax: (303) 200-8994
     E-mail: arthuralklaw@gmail.com

                     About WPB Hospitality

WPB Hospitality, LLC is a single asset real estate company (as
defined in 11 U.S.C. Section 101(51B)) whose principal assets are
located at 16161 E. 40th Ave., Denver, Colorado.

WPB Hospitality sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 18-18636) on Oct. 3,
2018.  In the petition signed by Wanda Bertoia, owner, the Debtor
was estimated to have assets of less than $50,000 and liabilities
of $10 million to $50 million.  Judge Elizabeth E. Brown oversees
the case.  The Debtor tapped Lindquist-Kleissler & Company, LLC as
its legal counsel and CBRE, Inc. as broker.


                            *********

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
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Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2020.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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re-mailing and photocopying) is strictly prohibited without prior
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                   *** End of Transmission ***