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

              Monday, February 24, 2020, Vol. 24, No. 54

                            Headlines

160 ROYAL PALM: Seeks to Hire Glickstein as Special Counsel
2045 E HIGHLAND: UST Says Amended Disclosures Still Inadequate
267 SAW MILL: Case Summary & 2 Unsecured Creditors
7 GENERAL CONTRACTING: Court Appoints Creditors' Committee
ADVANTAGE SALES: Moody's Raises CFR to B2, Outlook Stable

AEMETIS INC: Falls Short of Nasdaq's Minimum MVPHS Requirement
AFFORDABLE TOWING: U.S. Trustee Unable to Appoint Committee
AKORN INC: Moody's Lowers CFR to Caa3, Outlook Stable
ALTA MESA: Seeks to Hire Robbins Russell as Special Counsel
AMERICAN AIRLINES: Moody's Rates New $500MM Unsec. Notes 'B1'

AMERICAN COMMERCIAL: To Seek Plan Confirmation March 20
AMERICAN CRYOSTEM: Reports $272K Net Loss for Q1 2020
API AMERICAS: Has Interim Approval to Use Cash Collateral
ASPEN LANDSCAPING: Amends Plan and Disclosure Statement
ASTRIA HEALTH: Court Approves Second Interim DIP Order

ASTROTECH CORP: Sells $1 Million Secured Promissory Note to CEO
BAMA OAKS: Gets Interim OK to Use Cash Collateral
BARRE N9NE: Rejects Somerville Lease; Unsecured Get 20%
BAUSCH HEALTH: Fitch Assigns BB Rating on Secured Bank Facilities
BAUSCH HEALTH: Moody's Assigns Ba2 Rating on New Sec. Term Loan

BIOPHARMX CORP: Sublets California Office Space to Full Cycle
BIOPHARMX CORP: To Seek OK of Merger Agreement at March 24 Meeting
BIOSTAGE INC: Submits Official Response to FDA for Cellspan IND
BLACK DOG CHICAGO: Exclusive Plan Period Extended Until April 1
BOMBARDIER INC: S&P Alters Outlook to Stable, Affirms 'B-' ICR

BRAND BRIGADE: U.S. Trustee Objects to Releases in Plan
BRIGHT MOUNTAIN: Raises $377,000 in Securities Offering
BURLINGTON PAVERS: Gets Interim Approval to Use Cash Collateral
CALIFORNIA RESOURCES: Commences Private Exchange Offers
CANBIOLA INC: Obtains Right to Use "LIFEGUARD" Trademark

CATALENT PHARMA: S&P Rates New 2028 Sr. Unsecured Euro Notes 'B+'
CJ FOODS: Moody's Assigns 'B2' Corp. Family Rating, Outlook Stable
COLUMBUS OIL: Unsecureds to Get 100% in 5 Years
COMMUNITY HEALTH: Board OKs Compensation Arrangements for 2020
COMMUNITY HEALTH: Reports Net Loss of $675 Million for 2019

CONSOLIDATED INFRASTRUCTURE: Exclusivity Period Extended to May 26
CORNERSTONE USA: Case Summary & 19 Unsecured Creditors
DENNIS EUGENE: Samples, Jennings Represents 2 Banks
DESTINY SPRINGS: U.S. Trustee Unable to Appoint Committee
DIMLUX LLC: Case Summary & 2 Unsecured Creditors

ELECTRONIC SERVICE: Court Grants Cash Access Thru Feb. 15
ENERMEX INT'L: U.S. Trustee Unable to Appoint Committee
EP ENERGY: Judge Denies Bid to Appoint Equity Committee
EXACTUS INC: Appoints New Chief Growth Officer
F.A. HAUBER: U.S. Trustee Unable to Appoint Committee

FAIRSTONE FINANCIAL: S&P Puts B+ Long-Term ICR on Watch Developing
FF FUND I: Seeks Court Approval to Hire KapilaMukamal, Appoint CRO
FREEDOM FOODS: Unsecureds Owed $860K to Be Paid $344K Over Time
GATEWAY WIRELESS: FCM to Get Full Payment in Plan
GCX LIMITED: Exclusivity Period Extended to April 13

GENCANNA GLOBAL: U.S. Trustee Forms 7-Member Committee
GL BRANDS: Starts Trading on the OTCQB Venture Market
GRANITE TRUCKING: Case Summary & 20 Largest Unsecured Creditors
GROW CAPITAL: Incurs $381K Net Loss in Second Quarter
HAJJAR BUSINESS: March 4 Meeting Set to Form Creditors' Panel

HANKEY O'ROUKE: Has OK to Use Cash Collateral Thru Apr. 9
HARTSHORNE HOLDINGS: Case Summary & 30 Largest Unsecured Creditors
ILLINOIS VALLEY: U.S. Trustee Unable to Appoint Committee
J-H-J INC: Seeks to Hire Planche Politz as Accountant
JAMES M THOMPSON: Exclusivity Period Extended to March 15

KP ENGINEERING: Exclusivity Period Extended to Feb. 28
LAMPKINS PATTERSON: Feb. 27 Plan & Disclosure Extension Hearing Set
LAPLACE VETERINARY: Case Summary & 20 Largest Unsecured Creditors
LEGACY JH762: March 10 Disclosure Hearing Set
LINDER ENTERPRISES: Case Summary & 20 Largest Unsecured Creditors

LSC COMMUNICATIONS: Board OKs Grants of Cash Awards Under Plans
M3LIVE BAR: Trustee Seeks to Hire Ringstad & Sanders as Counsel
MATTAMY GROUP: Moody's Assigns B1 Rating to New $500MM Unsec. Notes
MOTIF DIAMOND: May Use Cash Collateral Thru Plan Confirmation Date
MOTIF DIAMOND:Has Final Cash Collateral Access, Motion Unchallenged

MSCI INC: S&P Rates New $400MM Senior Unsecured Notes 'BB+'
MTE HOLDINGS: Potter Anderson 2nd Update on Service Providers
NEENAH ENTERPRISES: S&P Alters Outlook to Neg., Affirms 'B' ICR
NELCO REALTY: Exclusivity Period Extended to Feb. 29
OHIO RIVER LABORATORY: U.S. Trustee Unable to Appoint Committee

ON TIME ELECTRIC: Humphries Objects to Disclosure Statement
PEOPLE WHO CARE: Acon Devt. Objects to Disclosure Statement
PLAY 4 FUN: Unsecureds Get 25% Dividend in Plan
POLYLAST SYSTEMS: U.S. Trustee Unable to Appoint Committee
PROGRESSIVE SOLUTIONS: Plan Deferred for Subchapter V Designation

R K BROTHERS: U.S. Trustee Unable to Appoint Committee
REJUVI LABORATORY: To File Revised Plan March 3
REWALK ROBOTICS: Mitchell Kopin, et al. Report 5% Stake
ROVIG MINERALS: Chaffe McCall Represents Libby, North Lafourche
RSF PROP 15648: Voluntary Chapter 11 Case Summary

RUBY'S DINER: Plan Solicitation Period Extended to Feb. 28
SAMSON OIL: Incurs $6.90 Million Net Loss in Second Quarter
SBP HOLDING: S&P Affirms 'B-' Issuer Credit Rating; Outlook Stable
SCIH SALT: S&P Assigns 'B' Issuer Credit Rating; Outlook Stable
SENIOR PRO SERVICES: Case Summary & 18 Unsecured Creditors

SHAPPHIRE RESOURCES: Bank OKs March 11 Deadline for Amended Plan
SILGAN HOLDINGS: S&P Rates Sr. Unsecured Notes 'BB'; Outlook Neg.
SIMBECK INC: Has Until April 17 to File Plan & Disc. Statement
SIMPLICITY CATERERS: Feb. 26 Hearing on Disclosure Statement
SIW HOLDING: Purchaser Liable to Chubb in Full

SOUTH ATLANTIC: Trustee Taps Bast Amron as Legal Counsel
SPERLING RADIOLOGY: Taps Herrick Feinstein as Special Counsel
SPERLING RADIOLOGY: Taps Karen B. Schapira as Special Counsel
ST. JUDE: Court Preliminary Approves Disclosure Statement
STARZ ACQUISITION: Exclusivity Period Extended to March 10

SUMMERBROOK DENTAL: Voluntary Chapter 11 Case Summary
TEPA PROPERTIES: U.S. Trustee Unable to Appoint Committee
THOMPSON NATIONAL: Proposes Liquidating Plan
TOSCA SERVICES: Moody's Assigns B2 CFR, Outlook Stable
TOUCH OF HEAVEN: U.S. Trustee Unable to Appoint Committee

TRIUMPH GROUP: To Form "Systems & Support" Business Unit
UNIT CORP: David Merrill to Succeed Larry Pinkston as CEO
USREDA LLC: Trustee Taps Genovese Joblove as Legal Counsel
VIP CINEMA: Case Summary & 30 Largest Unsecured Creditors
VIP CINEMA: Moody's Cuts Rating on 1st Lien Credit Facility to C

VIZIENT INC: S&P Assigns 'BB-' Rating to New Term Loan B
WESTWIND MANOR: Unsecured Creditors to Get 10% in Plan
WIEDER REALTY: May 12 Filing Deadline of Plan and Disclosures
WMG ACQUISITION: Moody's Assigns 'Ba3' CFR, Outlook Stable
[^] BOND PRICING: For the Week from February 17 to 21, 2020


                            *********

160 ROYAL PALM: Seeks to Hire Glickstein as Special Counsel
-----------------------------------------------------------
160 Royal Palm, LLC seeks authority from the U.S. Bankruptcy Court
for the Southern District of Florida to hire Gregg H. Glickstein,
P.A. as its special counsel.

The Debtor tapped the firm in connection with a $36 million lawsuit
filed by KK-PB Financial, LLC against Palm House, LLC in the
Circuit Court of the Fifteenth Judicial Circuit.  The Debtor wants
to intervene in the case or substitute itself for Palm House to
prevent a default judgment.

Gregg Glickstein, the firm's attorney who will be providing the
services, charges an hourly fee of $275.

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

The firm can be reached through:

     Gregg H. Glickstein, Esq.
     Gregg H. Glickstein, P.A.
     54 S.W. Boca Raton Boulevard, 2nd Floor
     Boca Raton, FL 33432
     Office: 561-953-6662
     Cell: 954-254-3477
     Fax: 561-361-9770

                        About 160 Royal Palm

160 Royal Palm, LLC is a Florida limited liability company, which
owns prime real property consisting of a partially constructed
hotel and condominium located at 160 Royal Palm Way, Palm Beach,
Fla. The property is under state court receivership.

160 Royal Palm filed a voluntary petition for relief under chapter
11 of the United States Bankruptcy Code (Bankr. S.D. Fla. Case No.
18-19441) on Aug. 2, 2018. In the petition signed by Cary
Glickstein, sole and exclusive manager, the Debtor disclosed
$16,447,759 in total assets and $114,926,976 in total liabilities.

The case is assigned to Judge Erik P. Kimball.

The Debtor tapped Philip J. Landau, Esq., at Shraiberg, Landau &
Page, P.A., as its counsel; and Greenberg Traurig, P.A. and Gregg
H. Glickstein, P.A. as special counsel.

On Feb. 11, 2020, the court confirmed the Debtor's Chapter 11 plan
of liquidation.


2045 E HIGHLAND: UST Says Amended Disclosures Still Inadequate
--------------------------------------------------------------
The U.S. Trustee objects to the Disclosure Statement of 2045 E.
Highland, LLC describing First Amended Chapter 11 Plan of
Reorganization.

According to U.S Trustee, as previously raised in the UST's
objection to the first iteration of the DS, the current version of
the DS still does not provide treatment for the interest holders of
the Debtor.

U.S Trustee points out that the DS at 21:1-3, states that the
Debtor is not entitled to a discharge since it is a corporation.
This would be true if this was a case under chapter 7 (see 11
U.S.C. § 727(a) (1)). But since we are in chapter 11 and this is a
plan of reorganization rather than a plan of liquidation, the
Debtor is entitled to a discharge.

                   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.


267 SAW MILL: Case Summary & 2 Unsecured Creditors
--------------------------------------------------
Debtor: 267 Saw Mill LLC
        267 Saw Mill River Road
        Elmsford, NY 10523

Case No.: 20-22281

Business Description: 267 Saw Mill LLC is a Single Asset Real
                      Estate debtor (as defined in 11 U.S.C.
                      Section 101(51B).  It owns in fee simple
                      a property located at 267 Saw Mill
                      River Road, Elmsford, NY 10523 valued by
                      the company at $2.5 million.

Chapter 11 Petition Date: February 20, 2020

Court: United States Bankruptcy Court
       Southern District of New York

Judge: Hon. Robert D. Drain

Debtor's Counsel: Anne Penachio, Esq.
                  PENACHIO MALARA, LLP
                  245 Main Street, Suite 450
                  White Plains, NY 10601
                  Tel: 914-946-2889
                  E-mail: frank@pmlawllp.com

Total Assets: $2,500,000

Total Liabilities: $3,700,000

The petition was signed by John Posimato, managing member.

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

                     https://is.gd/b46vJ0


7 GENERAL CONTRACTING: Court Appoints Creditors' Committee
----------------------------------------------------------
Judge Henry Callaway of the U.S. Bankruptcy Court for the Southern
District of Alabama on Feb. 18 ordered the appointment of
Mingledorff's Inc. and Mobile Lumber & Building Materials, Inc. to
the official committee of unsecured creditors in 7 General
Contracting, Inc.'s Chapter 11 case.

The committee members can be reached through:

     (1) Mingledorff's Inc.
         c/o Allison Brantley
         6675 Jones Mill Ct.
         Peachtree Corners, GA 30092
         Tel: (770) 239-2283

     (2) Mobile Lumber & Building Materials, Inc.
         c/o Ryan Johnston
         5229 Hwy. 90 West
         Mobile, AL 36619
         Tel: (251) 661-8315
         Fax: (251) 660-0433
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                    About 7 General Contracting

7 General Contracting, Inc. owns in fee simple a raw land located
in Gulfport, Miss., having an appraised value at $2.2 million.

7 General Contracting filed a Chapter 11 petition (Bankr. S.D. Ala.
Case No. 20-10172) on Jan. 17, 2020.   In the petition signed by
Charlie Heath Mason, president, the Debtor disclosed $2,442,634 in
assets and $11,581,296 in liabilities.  Judge Henry A. Callaway
oversees the case.  Robert M. Galloway, Esq., at Galloway
Wettermark & Rutens, LLP, serves as the Debtor's bankruptcy
counsel.


ADVANTAGE SALES: Moody's Raises CFR to B2, Outlook Stable
---------------------------------------------------------
Moody's Investors Service upgraded its ratings for Advantage Sales
& Marketing Inc., including the company's corporate family rating
to B2 from B3 and probability of default to B2-PD from B3-PD. At
the same time, Moody's assigned a B1 rating to each of the
company's newly proposed senior secured first lien term loans
($1.525 billion term loan due 2026 and $300 million
euro-denominated term loan due 2026) and $345 million senior
secured notes due 2026. Moody's also assigned a Caa1 rating to the
company's proposed $800 million senior unsecured notes due 2027.
The outlook is stable.

Proceeds from the approximately $3 billion in newly proposed debt
combined with $200 million in new equity from the company's
sponsors and $100 million in revolver borrowings on a new ABL
facility will be used to repay in full the company's $3.2 billion
of existing first and second lien credit facilities, with the
balance net of transaction fees and expenses expected to add $13
million of cash to the company's balance sheet as of December 31,
2019. Moody's took no action on the company's existing debt
instrument ratings and expects to withdraw these ratings at close
of the transaction.Concurrent with the transaction, the company is
entering into a $350 million ABL facility due 2025, of which $100
million will be drawn at close. The first lien term loans and
senior secured note will be secured on a second lien basis with
respect to the current assets collateralizing the ABL facility and
on a first lien basis on all other collateral.

"Although the refinancing increases Advantage's cost of capital as
lower interest bearing debt is being repaid with proceeds from the
issuance, the transaction secures long-term financing for the
company while reducing leverage to the mid-6x with support from the
sponsor," said Moody's Analyst Andrew MacDonald. "We expect
leverage to improve to 6x by the end of 2020 from low-single digit
revenue growth driven by increased client spending and a stable US
consumer packaged goods industry."

Upgrades:

Issuer: Advantage Sales & Marketing Inc.

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

Corporate Family Rating, Upgraded to B2 from B3

Assignments:

Issuer: Advantage Sales & Marketing Inc.

Senior Secured 1st Lien Term Loans, Assigned B1(LGD3)

Senior Secured Regular Bond/Debenture, Assigned B1 (LGD3)

Senior Unsecured Regular Bond/Debenture, Assigned Caa1 (LGD5)

Outlook Actions:

Issuer: Advantage Sales & Marketing Inc.

Outlook, Remains Stable

RATINGS RATIONALE

Advantage's B2 CFR reflects leverage of 6.4x (Moody's adjusted,
excluding acquisitions) for the twelve months ended September 30,
2019, which is considered very high for the rating given the
company's financial sponsor ownership and recent declines in
earnings growth and lower profitability in early 2018. Leverage is
expected to gradually improve to 6x by the end of 2020 with
improved profitability, however Moody's believes that organic
revenue growth will remain in the lower single digits, continuing
the trend seen in 2018 and 2019. The company is highly acquisitive,
often relying on debt, and Moody's expects the company will resume
acquisition activity in 2020 which could delay deleveraging
expectations. Also, Advantage's exposure to the evolving retail and
consumer products environment and its moderate customer
concentration could lead to volatility in the company's revenue and
earnings. Two of the company's largest competitors defaulted and
restructured in 2019, which Moody's believes is indicative of a
sector that is currently under pressure and highly competitive.
Governance risk is viewed as high given its financial sponsor
ownership. However, the rating is supported by Advantage's growth
prospects from new business wins, particularly from the opportunity
to pick up new clients from its distressed competitors in 2019.
Moody's also expects the company to generate positive free cash
flow that should allow for a modest amount of tuck-in acquisitions
without sustained reliance on revolver borrowings. The rating is
also supported by Advantage's market position as the largest sales
and marketing agency in the US, its history of high customer
retention rates of about 98% and its history of successfully
integrating roughly 62 acquisitions since 2014.

The stable outlook reflects Moody's expectations for modest
improvement in operating results and free cash flow in 2020. It
also reflects Advantage's adequate liquidity and ability to repay
its ABL borrowings using free cash flow.

Preliminary terms in the company's first lien credit agreement
contain provisions for incremental debt capacity up to the greater
of $400 million and 75% of consolidated pro forma trailing twelve
months consolidated EBITDA plus additional amounts subject to an
initial pro forma first lien net leverage of 4.0x (if pari passu
secured). Incremental subordinated debt capacity is subject to a
closing secured net leverage ratio test for junior debt, and a
closing date total leverage test or a 2.0x interest coverage ratio
test for unsecured debt. The greater of $267 million and 50% of
trailing twelve months consolidated EBITDA may be incurred inside
of the maturity of the term loans. Moody's estimates the
incremental leverage the company can incur adds about 0.8x of first
lien leverage and 1.0x total leverage. Only wholly owned
subsidiaries must provide guarantees; partial dividend of ownership
interest could jeopardize guarantees subject to limitation by
credit agreement. There are no anticipated "blocker" provisions
providing additional restrictions on top of the covenant carve-outs
to limit collateral leakage through transfers of assets to
unrestricted subsidiaries. The asset sale proceeds prepayment
requirement has leverage-based step-downs.

The proposed terms and the final terms of the credit agreement can
be materially different.

Ratings could be upgraded should Advantage's operating performance
improve via revenue growth, financial policy supportive of
debt/EBITDA sustained below 5x, EBITA/interest expense maintained
above 3x and free cash flow to debt in the mid-to-high single digit
percent range.

Ratings could be downgraded should Advantage's revenue or earnings
decline, debt/EBITDA is sustained above 6.5x, EBITA/interest
expense approaches 1.75x, free cash flow to debt below 1%, or
liquidity deteriorates.

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

Advantage Sales & Marketing Inc., headquartered in Irvine,
California, is a business solutions provider to consumer products
manufacturers and retailers. It provides outsourced sales,
marketing and merchandising services primarily in the US and Canada
and also in select markets abroad. Advantage is majority owned by
Leonard Green & Partners, L.P. and CVC Capital Partners and
minority owned by Bain Private Equity and management/other
investors. Revenues are about $3.7 billion for the twelve months
ended September 30, 2019.


AEMETIS INC: Falls Short of Nasdaq's Minimum MVPHS Requirement
--------------------------------------------------------------
Aemetis, Inc. received a letter from the Listing Qualifications
Department of the Nasdaq Stock Market on Feb. 11, 2020,  indicating
that, based upon the most recent publicly held shares information
and the closing bid price of the Company's common stock for the
last 30 consecutive business days, the Company did not meet the
minimum market value of publicly held shares ("MVPHS") of
$15,000,000 required for continued listing on The Nasdaq Global
Market pursuant to Nasdaq Listing Rule 5450(b)(3)(C).  A delisting
notice has not been received, and the letter also indicated that
the Company will be provided with a compliance period of 180
calendar days, or until Aug. 10, 2020, in which to regain
compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(D).  The
letter further provided that if, at any time during the 180
calendar day period, the Company's MVPHS closes at $15,000,000 or
more for a minimum of ten consecutive business days, Nasdaq will
provide the Company with written confirmation that it has achieved
compliance with the MVPHS requirement.  If the Company does not
regain compliance by Aug. 10, 2020, it will receive written
notification that the Company's common stock is subject to
delisting.  At that time, the Company may appeal the delisting
determination to a Hearing's Panel, which may provide an exception
for the Company to regain compliance with the MVPHS requirement.

The Company intends to actively monitor the MVPHS for its common
stock between now and Aug. 10, 2020, and intends to take any
reasonable actions to resolve the Company's noncompliance with the
MVPHS requirement as may be necessary.  No determination regarding
the Company's response has been made at this time. There can be no
assurance that the Company will be able to regain compliance with
the MVPHS requirement or will otherwise be in compliance with other
Nasdaq listing criteria.

                         About Aemetis

Headquartered in Cupertino, California, Aemetis --
http://www.aemetis.com/-- is an advanced renewable fuels and
biochemicals company focused on the acquisition, development and
commercialization of innovative technologies that replace
traditional petroleum-based products by the conversion of ethanol
and biodiesel plants into advanced biorefineries.  Founded in 2006,
Aemetis owns and operates a 60 million gallon per year ethanol
production facility in the California Central Valley near Modesto.
Aemetis also owns and operates a renewable chemical and advanced
fuel production facility on the East Coast of India producing
distilled biodiesel and refined glycerin for customers in India and
Europe.

Aemetis reported a net loss of $36.29 million for the year ended
Dec. 31, 2018, following a net loss of $31.77 million for the year
ended Dec. 31, 2017.  As of Sept. 30, 2019, the Company had $96.68
million in total assets, $58.48 million in total current
liabilities, $184.95 million in total long term liabilities, and a
total stockholders' deficit of $146.8 million.


AFFORDABLE TOWING: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
The Office of the U.S. Trustee on Feb. 18, 2020, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Affordable Towing &
Recovery, Inc.
  
                 About Affordable Towing & Recovery

Affordable Towing & Recovery, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Ind. Case No. 20-90002) on Jan. 3, 2020,
disclosing under $1 million in both assets and liabilities.  Judge
Andrea K. Mccord oversees the case.  The Debtor is represented by
Michael W. McClain, Esq., at McClain DeWees, PLLC.


AKORN INC: Moody's Lowers CFR to Caa3, Outlook Stable
-----------------------------------------------------
Moody's Investors Service downgraded the ratings of Akorn, Inc.
including the Corporate Family Rating to Caa3 from Caa1, the
Probability of Default Rating to Ca-PD from Caa1-PD, and the senior
secured term loan rating to Caa3 from Caa1. Moody's also downgraded
the Speculative Grade Liquidity Rating to SGL-4 from SGL-3. Moody's
revised Akorn's outlook to stable from negative.

On February 12, 2020, Akorn's loan lenders extended a Standstill
Agreement. As part of the agreement, Akorn will pursue a sale of
its business, either on an out-of-court or in-court basis. The
company has disclosed that it may use Chapter 11 protection in
order to address unresolved litigation and to maximize value.

The downgrade reflects the high risk of a near-term bankruptcy
filing by Akorn, given its ongoing litigation and $845 million term
loan maturity in April 2021. Akorn's business has stabilized,
evidenced by a reduction in failure to supply penalties, and
revenue and earnings are growing again. But it still faces
challenges including outstanding FDA Warning Letters at its two
main facilities, ongoing securities class action litigation, and
the risk that Akorn will not find a buyer by March 27, 2020, one of
the milestone dates in the agreement. The Probability of Default
Rating of Ca-PD reflects heightened default risk in the very near
term.

The stable outlook reflects Moody's view that the current ratings
adequately reflect Akorn's refinancing risk and the elevated
probability of default.

Ratings downgraded:

Akorn, Inc.

Corporate Family Rating to Caa3 from Caa1

Probability of Default Rating to Ca-PD from Caa1-PD

Senior secured term loan to Caa3 (LGD3) from Caa1 (LGD4)

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

Outlook actions:

The outlook was revised to stable from negative.

RATINGS RATIONALE

Akorn's Caa3 Corporate Family Rating is constrained by its high
financial leverage and refinancing risk as all of its debt is
scheduled to mature in April 2021. Further, a Standstill Agreement
with Akorn's lenders requires the company to pursue a sale of its
business prior to March 27, 2020, subject to certain conditions.
Failure to do so would constitute an event of default. Akorn has
been executing remediation activities that are addressing
operational and compliance deficiencies across its manufacturing
and R&D network. Akorn's business has stabilized, evidenced by a
reduction in failure-to-supply penalties, and revenue and earnings
are growing again. Two of its manufacturing facilities are
operating despite FDA Warning Letters and are likely to be
reinspected in 2020.

High financial leverage and refinancing risk highlight the weak
corporate governance that puts it at high near-term risk of
default. Other ESG risks include investigations initiated in 2018
by the FDA that found Akorn to have data integrity deficiencies at
its manufacturing and R&D facilities that contributed to the failed
2018 takeover by Fresenius and led to a securities class action
lawsuit. The lawsuit alleged failure to disclose the issues sooner,
and the existence of the data integrity investigations.

The SGL-4 Speculative Grade Liquidity Rating reflects Moody's
expectation for weak liquidity, given that all of Akorn's debt
matures in April 2021. Akorn reported $206 million of cash at
September 30, 2019 and does not have a revolver. The term loan does
not have any financial maintenance covenants; however, per Akorn's
Standstill Agreement with lenders, failure to sell the business for
a value exceeding the outstanding loan amount ($845 million) prior
to March 27, 2020, would constitute an event of default.

Akorn's ratings could be downgraded if an event of default occurs,
including a bankruptcy filing. The ratings could be upgraded if
Akorn is able to successfully refinance its debt or sell its
business in accordance with the terms of the Standstill Agreement.

Akorn, Inc. is headquartered in Lake Forest, IL, is a specialty
generic pharmaceutical manufacturer. The company focuses on generic
drugs in alternate dosage forms such as ophthalmic drugs,
injectable drugs and others in liquid, semi-solid, topical and
nasal spray dosage forms. The company reported revenue of $674
million for the twelve months ended September 30, 2019.

The principal methodology used in these ratings was Pharmaceutical
Industry published in June 2017.


ALTA MESA: Seeks to Hire Robbins Russell as Special Counsel
-----------------------------------------------------------
Alta Mesa Resources, Inc.'s affiliates SRII OpCo GP, LLC, and SRII
OpCO, LP seek authority from the U.S. Bankruptcy Court for the
Southern District of Texas to hire Robbins, Russell, Englert,
Orseck, Untereiner & Sauber LLP as special counsel.

The firm will provide these services in connection with the
Debtors' Chapter 11 cases:  

     a. analyze and prosecute claims of the Debtors' estate against
third parties;

     b. prepare and file pleadings to pursue the estate's claims
against third parties; and

     c. assist in any bid or sale process.

Robbins Russell received payments and advances in the total amount
of $200,000.

Lawrence Robbins, Esq., a partner at Robbins Russell, 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:

     Lawrence S. Robbins, Esq.
     Robbins, Russell, Englert,
     Orseck, Untereiner & Sauber LLP
     2000 K Street NW, 4th Floor
     Washington DC 20006
     Tel: 202-775-4501
     Mobile: 202-907-7163
     Fax: 202-775-4510
     Email: lrobbins@robbinsrussell.com

                         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.


AMERICAN AIRLINES: Moody's Rates New $500MM Unsec. Notes 'B1'
-------------------------------------------------------------
Moody's Investors Service assigned a B1 senior unsecured rating to
American Airlines Group Inc.'s $500 million of new unsecured notes
due 2025. Subsidiary, American Airlines, Inc. will guarantee AAG's
obligations under the notes indenture. The proceeds are meant to be
contributed to the company's pension plans. The Ba3 corporate
family rating, which is assigned to American and stable outlook on
the family are unaffected by this ratings assignment.

RATINGS RATIONALE

American's Ba3 corporate family rating reflects its scale and
competitive position as the world's second largest airline based on
revenue, balanced by elevated financial leverage above 5x from a
historically aggressive financial policy and an operating margin
that continues to trail industry peers. Leverage remains elevated
because of the heavy reliance on debt for repurchasing more than
$11 billion of its shares while funding the majority of almost $26
billion of capital investment mainly from operating cash flow over
the most recent five years. Moody's considers that this debt
issuance will modestly slow the reduction of funded debt to which
the company has been guiding. American has been stating that it
will naturally de-lever by not refinancing debt maturities in
upcoming years, rather it would pay-off maturing debt from improved
free cash flow as investment in new aircraft slows for a number of
upcoming years. On a Moody's adjusted basis, the issuance will
initially be neutral to total adjusted debt given the proceeds will
be contributed to pension plans. However, funded debt will be
higher and given the vagaries of the components of pension expense
and returns on pension assets, underfunding will vary. With the
bias for lower for longer interest rates, pension underfunding
could grow with the passage of time.

The Ba3 rating also considers the company's inferior operating
margin and weak free cash flow relative to other US airlines. The
success of the company's strategy to grow ancillary revenues,
increase fees for premium seating and services and more generally,
sustain annual operating margin above 11% will be important drivers
of expanding free cash flow that exceeds Moody's expectations.
Better than expected free cash flow generation would strengthen the
positioning of the rating in the Ba3 rating category, particularly
if American was to prioritize debt repayment rather than share
repurchases with free cash flow when liquidity exceeds its $7
billion target. Management has stated that excess liquidity above
$7 billion will be returned to shareholders.

The stable outlook reflects its expectation that American will
maintain its competitive network, sustain annual operating cash
flow of at least $5 billion in 2020 and begin to demonstrate some
progress on expanding free cash flow in the next 12 months. The
stable outlook also reflects that the financial effects of the
cancellations of its services to China and Hong Kong because of the
coronavirus will be manageable at its current rating.

The ratings could be downgraded if: 1) the company continues to
emphasize share repurchases rather than begin to reduce funded
debt, 2) the EBITDA margin does not strengthen above the 17.4% at
December 31, 2018, 3) the aggregate of cash, short-term investments
and availability on revolving credit facilities is less than $5.0
billion, 4) unrestricted cash is less than $3.5 billion, or 5) Debt
to EBITDA does not decline below 5x, Funds from Operations +
Interest to Interest approaches 3x or Retained Cash Flow to Debt
does not exceed 15%.

The ratings could face positive pressure if funded debt approaches
$15 billion (currently $25 billion), which would reduce Debt to
EBITDA below 4x if the company can sustain its run rate EBITDA at
or above $8 billion. Funds from Operations + Interest to Interest
sustained above 5x and EBITDA margin sustained near 20% could also
favorably pressure the rating.

The principal methodology used in these ratings was Passenger
Airline Industry published in April 2018.

American Airlines Group Inc. is the holding company for American
Airlines, Inc. Together with regional partners, operating as
American Eagle, the airlines operate an average of nearly 6,800
flights per day to nearly 365 destinations in 61 countries. The
company reported revenue of $45.8 billion for 2019.

Assignments:

Issuer: American Airlines Group Inc.

Senior Unsecured Regular Bond/Debenture, Assigned B1 (LGD5)


AMERICAN COMMERCIAL: To Seek Plan Confirmation March 20
-------------------------------------------------------
Judge Marvin Isgur has ordered that the Combined Hearing (at which
time the Court will consider, among other things, the approval of
the Disclosure Statement and confirmation of the Plan of American
Commercial Lines Inc., et al.), will be held before the Honorable
Marvin Isgur, United States Bankruptcy Judge, in courtroom 404 of
the United States Bankruptcy Court for the Southern District of
Texas, on March 20, 2020 at 8:30 a.m..

The Confirmation Schedule is approved, conditioned on final
approval of the Disclosure Statement.

Any objections to the adequacy of the Disclosure Statement or
confirmation of the Plan must be filed and served by 4:00 p.m. (CT)
on March 13, 2020 at 4:00 p.m.

Cause exists to extend the time by which the Debtors must file
their schedules of assets and liabilities and statements of
financial affairs, and the 2015.3 Reports until April 10, 2020.

The procedures used for tabulations of votes to accept or reject
the Prepackaged Plan as set forth in the Motion and as provided by
the Ballots are approved.

                About American Commercial Lines

American Commercial Lines Inc. -- https://www.bargeacbl.com/ -- is
a provider of liquid and dry cargo barge transportation services in
the United States, operating a modern fleet of approximately 3,500
barges on the Mississippi River, its tributaries, and on the Gulf
Intracoastal Waterway.  In addition, ACL operates a series of
strategically-placed harbor services facilities throughout the
region, providing fleeting, shifting, cleaning, and repair services
to their fleet of barges and 188 towboats, as well as to
third-parties.  With approximately 2,100 employees as of the
Petition Date, and customers that include many of the country's
major energy, petrochemical, industrial, and agricultural
companies.  ACL was founded in 1915 and is headquartered in
Jeffersonville, Indiana.  

On Feb. 7, 2020, American Commercial Lines Inc. and 10 affiliates
sought Chapter 11 protection (Bankr. S.D. Tex. Lead Case No.
20-30982) to seek confirmation of a prepackaged plan that will cut
debt by $1 billion.

The Hon. Marvin Isgur is the case judge.

Milbank LLP is serving as the Company's legal counsel, Greenhill &
Co. is serving as its financial advisor and Alvarez & Marsal North
America, LLC, is serving as restructuring advisor.  Porter Hedges
LLP is the local counsel.  The Company's claims agent is Prime
Clerk LLC.


AMERICAN CRYOSTEM: Reports $272K Net Loss for Q1 2020
-----------------------------------------------------
American CryoStem Corporation filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss of $271,860 on $133,126 of total revenues for the three
months ended Dec. 31, 2019, compared to a net loss of $294,430 on
$115,391 of total revenues for the three months ended Dec. 31,
2018.

As of Dec. 31, 2019, the Company had $1.50 million in total assets,
$2.84 million in total liabilities, and a total shareholders'
deficit of $1.33 million.

The Company has incurred significant losses since its inception
which raises substantial doubt about the Company's ability to
continue as a going concern.  Management has made this assessment
for the period one year from date of the issuance of this report.
Management's plans with regard to this matter are to continue to
fund its operations through fundraising activities in fiscal 2020
for future operations and business expansion.

As of Dec. 31, 2019, the Company had a cash balance of $82,205, an
increase of $58,405 since Sept. 30, 2019, its fiscal year end.
Operations used $268,572 of the Company's cash.  The Company used
$1,436 in cash for investments, all for patent development and
maintenance.  The main sources of cash provided by financing
activities included new equity and note issuances of $343,000.

The Company's accounts receivable increased to $450,000 at Dec. 31,
2019 from $330,154 at Sept. 30, 2019 mainly due to an increase in
receivables from Baoxin for licensing fees.  Due to the current
economic and health conditions in China, including increased
tariffs and the Corona virus, the Company is closely monitoring the
impact of these circumstances.

Convertible debt increased to $579,000 an increase of $180,500
since Sept. 30, 2019, $20,691 was due to the effects of amortizing
the beneficial conversion feature of these notes, and $168,000 was
the issuance of additional convertible notes.

American CryoStem said, "The Company will continue to focus on its
financing and investment activities, but should we be unable to
raise sufficient funds, we will be required to curtail our
operating plans or cease them entirely.  We cannot assure you that
we will generate the necessary funding to operate or develop our
business.  In the event that we are able to obtain the necessary
financing to move forward with our business plan, we expect that
our expenses will increase significantly as we attempt to grow our
business.  Accordingly, the below estimates for the financing
required may not be accurate and must be considered in light these
circumstances."

"We will require additional capital to fund marketing, operational
expansion, processing staff training, as well as for working
capital.  We are attempting to raise sufficient funds that would
enable us to satisfy our cash requirements for a period of the next
12 to 24 months.  In order to finance further market development
with the associated expansion of operational capabilities for the
time period, we will need to raise additional working capital.
However, we cannot assure you we can attract sufficient capital to
enable us to fully fund our anticipated cash requirements during
this period.  In addition, we cannot assure you that the requisite
financing, whether over the short or long term, will be raised
within the necessary time frame or on terms acceptable to us, if at
all.  Should we be unable to raise sufficient funds we may be
required to curtail our operating plans if not cease them entirely.
As a result, we cannot assure you that we will be able to operate
profitably on a consistent basis, or at all, in the future.

"In order to move our Company through its next critical growth
phase of development and commercialization and to ensure we are in
position to support our research collaborations and market
penetration strategies.  Management continues to seek new
investment into the Company from existing and new investors with
particular emphasis on identifying the best deal structure to
attract and retain meaningful capital sponsorship from both the
retail and institutional investing communities, while limiting
dilution to our current shareholders.  On January 14, 2019 the
Company terminated its agreement with Gramatan, LLC and recorded a
payable of $166,667 in accounts payable.  Fees due per the terms of
the agreement are included in administrative expenses in the
Company's financial statements.  Management also focuses its
efforts on increasing sales and licensing revenue and reducing
expenses."

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

                    https://is.gd/qpwT5l

                  About American CryoStem

Eatontown, New Jersey-based American CryoStem Corporation (OTC:
CRYO)(www.americancryostem.com), founded in 2008, has evolved to
become a biotechnology company, standardizing adipose tissue
derived technologies (Adult Stem Cells) for the fields of
Regenerative and Personalized Medicine.  The Company operates a
state-of-art, FDA-registered, laboratory in Monmouth Junction, New
Jersey and licensed laboratories in Hong Kong, China, Japan, and
Thailand which operate on the Company's proprietary platform,
dedicated to the collection, processing, bio-banking of adipose
tissue (fat) and culturing and differentiation of adipose derived
stem cells (ADSCs) for current or future use in regenerative
medicine.

American CryoStem reported a net loss of $1.08 million for the year
ended Sept. 30, 2019, compared to a net loss of $1.49 million for
the year ended Sept. 30, 2018.

Fruci & Associates II, PLLC, in Spokane, Washington, the Company's
auditor since 2017, issued a "going concern" qualification in its
report dated Jan. 14, 2020, citing that the Company has incurred
significant losses since inception.  This factor raises substantial
doubt about the Company's ability to continue as a going concern.


API AMERICAS: Has Interim Approval to Use Cash Collateral
---------------------------------------------------------
The Bankruptcy Court authorized API Americas Inc., and API (USA)
Holdings Limited to use cash collateral on an interim basis,
pursuant to the cash flow forecast.  The Debtors will use the cash
collateral for working capital, for general corporate purposes and
to satisfy costs and expenses in administering their Chapter 11
cases.

Pursuant to the interim order, the Debtors grant the administrative
agent, for itself and the pre-petition secured lenders:

   (a) an additional and replacement valid, binding, enforceable,
non-violable and automatically perfected (nunc pro tunc to the
Petition Date) post-petition security interest in and lien on the
Debtors' post-petition assets to the extent of any diminution in
the value of the interest in the pre-petition collateral,

   (b) an allowed super priority administrative expense claim,

   (c) pursuant to the budget and to the extent not otherwise paid
under the fifth amendment to the credit agreement, payment in full
in cash and in immediately available funds, all interest, fees and
other amounts with respect to the API Americas direct obligation as
and when said payments would have come due under the credit
agreement had the Chapter 11 cases not been commenced, and

   (d) payment in cash of all reasonable professional fees,
expenses and disbursements incurred by the administrative agent
under the pre-petition loan documents arising pre-petition.

A copy of the interim order, with the initial budget ending May 1,
2020, is available free of charge at https://is.gd/13dE4E from
PacerMonitor.com.

Final hearing on the motion is scheduled for Feb. 26, 2020 at 2
p.m., prevailing Eastern time.  Objections must be filed by 4 p.m.,
prevailing Eastern time on Feb. 19, 2020.

                      About API Americas Inc.
                 and API (USA) Holdings Limited

API Americas Inc. -- http://www.apigroup.com/-- is a manufacturer
of foils, laminates, and holographic materials. Among other
customers, API Americas provides packaging to companies in the
premium drinks, confectionery, tobacco, perfume, personal care,
cosmetics, and healthcare sectors. API Americas was originally
founded as Dry Print in New Jersey. Re-branded in 1998, API
Americas is currently headquartered in Lawrence, Kansas inside a
56,000 square foot facility with manufacturing capabilities.

API Americas Inc., and holding company API (USA) Holdings Limited,
filed Chapter 11 petitions (Bankr. N.D. Del. Lead Case No.
20-10239) on February 2, 2020. The petitions were signed by Douglas
Woodworth, director.

As of Dec. 31, 2019, API Americas Inc., has $37.3 million in total
assets, $5.8 million in current liabilities and $47.3 million in
long-term liabilities.  API (USA) Holdings Limited holds $51.6
million in total assets and $2.9 million in total liabilities.

Saul Ewing Arnstein & Lehr LLP and Eversheds Sutherland (US) LLP
represent the Debtors as general bankruptcy counsel. Ernst & Young
LLP is the Debtors' financial advisor.  Bankruptcy Management
Solutions, Inc., d/b/a Stretto serves as the Debtors' claims and
noticing agent.


ASPEN LANDSCAPING: Amends Plan and Disclosure Statement
-------------------------------------------------------
Aspen Landscaping Contracting, Inc., filed an Amended Chapter 11
Plan and a corresponding Disclosure Statement.

                   The Debtor's Management

The Debtor engaged Robert Aitkens from Exarca LLC, who is a
business management and support professional in August 2018.  Mr.
Aitkens assists the Debtor in many ways, including strengthening
the Debtor's management team, working with the Debtor to move to a
monthly close process from an annual one and consulting on a
variety of financial and management issues as needed to foster the
continuous improvement culture started by the new management team.

Pursuant to the Amended Dual Judgment of Divorce ("Amended JOD")
entered on August 13, 2019, Donald Fuentes, Maria's husband, holds
a 50% equitable interest in Aspen.  Donald also has possession of a
2018 Porsche Panamera, a 2018 F-450 box truck, a 2018 GMC Denali
Yukon, and a 2018 Polaris (ATV).  These vehicles were purchased
using Aspen funds and are titled in the name of Aspen.  Aspen
continues to pay for the financing, EZ-Pass, insurance and
registration for these vehicles.  On Dec. 27, 2020, Aspen filed a
motion to compel Donald to accept transfer of the Vehicles, amongst
other relief.  Donald opposed this motion.  On Feb. 4, 2020, the
Court held a hearing on the Vehicles motion.  The Court granted
relief from the automatic stay to permit the Family Court to hold
further proceedings with respect to the four Vehicles, which the
Family Court awarded to Donald under the Aug. 13, 2019 Amended
Judgment of Divorce.  On Feb. 10, 2020, the Debtor requested Donald
address these issues.  Ford Motor Credit has filed a motion to lift
the automatic stay returnable Feb. 19, 2020.

                         Debtor's Assets  

Aspen's main asset is the accounts receivable from the current
projects that it is completing.  Aspen estimates that the accounts
receivable as of the Petition Date are approximately $3 million.
Aspen  also asserts it is owed approximately $1 million in
retainage.  The following chart demonstrates Aspen's conclusions as
to the collectability of the accounts receivable:

    Description                                       Amount
    -----------                                       ------
Cash as of February 7, 2020                       $1,308,067
Accounts Receivable as of February 10, 2020       $2,216,179
Retainage as of February 10, 2020                   $675,564
Less Collectibility of Accounts Receivable         ($554,045)
Less Collectibility of Retainage                   ($337,782)
                                                   ---------
Total Cash and Expected A/R                       $3,307,983

In addition, Aspen owns various machinery and equipment, which it
utilizes in its daily work on projects. The current value of the
equipment, machinery, and office furniture is $1,663,470.1 This
value is based off the appraisal completed by A. Atkins Appraisal
Corp. as of January 31, 2020.  Both the appraisal and Aspen’s
petition include a listing of the full schedule of the equipment,
machinery and office furniture.

The Debtor also holds a receivable due from Donald in the amount of
$65,000.  This amount has not been repaid by Donald. As of the
Petition Date, the Debtor also had a receivable due from Maria in
the approximate amount of $22,000. Maria repaid her note to the
Debtor post-petition.

                          Bond Claims  

The Debtor has continued its efforts to secure new work during the
pendency of this Chapter 11 Case. Prior to the Petition Date,
Liberty Mutual Insurance Company bonded certain projects for the
Debtor. On or about February 10, 2005, August 11, 2009, and January
22, 2014, the Debtor, among others, including Maria and Donald
(collectively referred to as the "Indemnitors"), executed General
Agreements of Indemnity (the "Indemnity Agreements") in favor of
Liberty Mutual Insurance Company and all other companies under the
Liberty Mutual corporate umbrella for which Liberty Mutual
underwrites surety business (collectively, the "Surety"). In the
Indemnity Agreements, the Debtor bound itself, among other things,
to indemnify the Surety from and against any liability, loss, cost,
and expense (including, but not limited to, attorney's fees and
professional fees) that the Surety may incur as a result of or
otherwise in connection with having executed surety bonds on behalf
of Debtor and in enforcing the Surety’s rights under the
Indemnity Agreements.

Based upon the Indemnity Agreements, the Surety executed
performance and payment bonds on behalf of the Debtor. These bonds
include the following performance and payment bonds (collectively
referred to herein as the "Bonds"): (a) Bond No. 015054574, on
behalf of the Debtor, as principal, in favor of the New York City
Department of Parks & Recreation, as oblige, in the penal sum of
$1,375,000, relative to a project known as "Contract No. RG-516M
EPIN 84617B0018001, Planting New and Replacement Trees in Community
Boards 1-3, Staten Island"; (b) Bond No. 015048444, on behalf of
the Debtor, as principal, in favor of Rockmore Contracting
Corporation, as oblige, in the penal sum of $1,295,501, relative to
a project known as "Reconstruction of Olmstead Park, Flushing
Meadows – Corona Park – Landscaping; (c) Bond No. 015055897, on
behalf of the Debtor, as principal, in favor of Trumbull
Corporation, as oblige, in the penal sum of $3,147,453, relative to
a project known as "Scudder Falls Bridge Replacement Project :
T-668A, Capital Project 0301A. Subcontract no. 460100.0025:
Landscaping, seeding, and soil supplements."

The Bonds represent some of the performance and payment bonds
executed by the Surety for construction projects that the Debtor
has yet to close out, and under which the Surety remains exposed.
Under the Bonds, the Surety is liable to make payment of up to the
full penal sum of each bond to the oblige named therein in the
event the conditions of the bond is not fulfilled by the Debtor.
Thus, the Surety thus submitted a contingent claim in the sum of
$11,635,908 in the Debtor’s bankruptcy.

Through the Plan, the Debtor intends to: (i) assume the Bonds to
complete its open construction projects; and (ii) the Debtor shall
reaffirm any and all obligations under the Indemnity Agreements
provided that Maria continues to own and operate the Debtor’s
business through her New Value infusion. If the projects are not
completed or other defaults occur, this contingent liability would
have a substantial impact on the dividend available to creditors.

                          Secured Debt

Aspen obtained a line of credit from M&T Bank in order to fund its
business operations.  Donald asserts that the grant of a security
interest to M&T Bank was done in violation of an order of the
Superior Court of New Jersey, Chancery Division, Family Part. Aspen
believes that the grant of a security interest was necessary and
proper.

As part of its stipulations in connection with the use of cash
collateral, the Debtor: acknowledged and agreed that M&T Bank has,
as of the Petition Date, a valid and subsisting first lien in
substantially all assets of the Debtor (the "Prepetition
Collateral") securing the Debtor's indebtedness to M&T Bank, in the
principal amount of $1,625,390 as of the Petition Date, together
with accrued interest, fees and costs (the "Secured Obligations"),
which indebtedness is not subject to defense, offset or
counterclaim of any kind or nature and that said debt is an
allowed, fully secured claim under Sections 506(a) and 502 of the
Bankruptcy Code.

Thus, it would be a violation of the Final Cash Collateral Order
for the Debtor to now assert that either (i) M&T Bank's loans are
not valid; or (ii) that the Debtor has a "defense" or
"counterclaim" against M&T Bank in connection with Donald's
assertions.  Such stipulations were required in order to continue
using cash collateral that is necessary for the Debtor to operate.
The Final Cash Collateral Order, however, ensured that other
parties, including the Committee, could seek standing to bring such
claims.

                        Unsecured Claims

The total amount of general unsecured claims is still being
determined in  light of the fact that certain claims are subject to
objection and    reclassification, but are anticipated at
approximately $750,000.  Allowed Class 5 Claims will be paid a pro
rata portion of a $500,000  distribution paid in five equal
installments of $100,000 per year for five years. Payments may be
made quarterly.

A full-text copy of the First Amended Disclosure Statement dated
Feb. 10, 2020, is available at https://tinyurl.com/w5cv5af from
PacerMonitor.com at no charge.

Counsel to the Debtor:

     Richard D. Trenk, Esq.
     Robert S. Roglieri, Esq.
     McMANIMON, SCOTLAND & BAUMANN, LLC
     75 Livingston Avenue, Second Floor
     Roseland, New Jersey 07068
     Tel: (973) 622-1800
     E-mail: rtrenk@msbnj.com
             rroglieri@msbnj.com

             About Aspen Landscaping Contracting

Aspen Landscaping Contracting, Inc. -- https://www.aspennj.net/ --
is a landscaping contractor located in Union, New Jersey serving
commercial and residential clients.  The company offers wetland
mitigation, planting, hydroseeding, irrigation, railroad spraying,
tree removal/pruning/clearing, erosion control/soil stabilization,
soil procurement and grading, and landfill work.

Aspen Landscaping Contracting sought Chapter 11 protection (Bankr.
D.N.J. Case No. 19-31885) on Nov. 20, 2019 in Newark, New Jersey.
In the petition was signed by Maria A. Fuentes, president, the
Debtor was listed with total assets at $2,429,468 and total
liabilities at $2,510,983.

Judge Vincent F. Papalia oversees the case.

MCMANIMON, SCOTLAND & BAUMANN, LLC, is the Debtor's counsel.  SAX,
LLP, serves as accountant to the Debtor.


ASTRIA HEALTH: Court Approves Second Interim DIP Order
------------------------------------------------------
Judge Whitman L. Holt authorized Astria Health and debtor
subsidiaries to obtain, jointly and severally and on an interim
basis, a senior secured post-petition replacement financing in an
aggregate principal amount of up to $43,100,000 from Lapis
Advisers, L.P., as agent for the lenders party thereto, pursuant to
a second interim order.
  
The second interim order ratifies the authority granted the Debtors
in the first interim order that permitted the Debtors to borrow
from the DIP lenders under the DIP facility, the amount sufficient
to pay off and replace the existing DIP facility obtained from JMB
Capital Partners Lending, LLC, plus $700,000 of committed advances
to fund the Debtors' working capital needs, subject to the terms
and conditions set forth in the DIP loan documents, the first
interim order and the second interim order.

The Court also authorized the Debtors to use cash collateral until
the earlier of (a) the maturity date, and (b) the date upon which
the Debtors' right to use cash collateral is terminated as a result
of an event of default (which remains continuing and has not been
waived by the DIP lenders), subject to the terms and conditions of
the first and second interim orders and the DIP loan documents.
Once repaid, the Debtors are not authorized to further borrow under
the DIP facility between the entry of the second interim order and
the final hearing.

A copy of the second interim DIP order is available for free at
https://is.gd/oBQ7cg from PacerMonitor.com.

                                           About Astria Health

Astria Health and its subsidiaries -- https://www.astria.health/ --
are a nonprofit health care system providing medical services to
patients who generally reside in Yakima County and Benton County,
Wash., through the operation of Sunnyside, Yakima, and Toppenish
hospitals, as well as several health clinics, home health services,
and other healthcare services. Collectively, they have 315 licensed
beds, three active emergency rooms, and a host of medical
specialties. The Debtors have 1,547 regular employees.

Astria Health and 12 of its subsidiaries filed for bankruptcy
protection (Bankr. E.D.Wash, Lead Case No. 19-01189) on May 6,
2019.  In the petitions signed by John Gallagher, president and
CEO, the Debtors were each estimated to have assets and liabilities
of $100 million to $500 million.

The Hon. Frank L. Kurtz oversees the cases.

Bush Kornfeld LLP and Dentons US LLP serve as the Debtors' counsel.
Kurtzman Carson Consultants, LLC is the claims and noticing agent.


Gregory Garvin, acting U.S. trustee for Region 18, on May 24, 2019,
appointed seven creditors to serve on an official committee of
unsecured creditors.  The Committee retained Sills Cummis & Gross
P.C. as its legal counsel; Polsinelli PC, as co-counsel; and
Berkeley Research Group, LLC as financial advisor.


ASTROTECH CORP: Sells $1 Million Secured Promissory Note to CEO
---------------------------------------------------------------
Astrotech Corporation entered into a private placement transaction
with Thomas B. Pickens III, the chief executive officer and
chairman of the Board of Directors of the Company for the issuance
and sale of a secured promissory note to Mr. Pickens with a
principal amount of $1,000,000.  Interest on the Note will accrue
at 11% per annum.  The principal amount and accrued interest on the
Note will become due and payable on Sept. 5, 2020.  The Company may
prepay the principal amount and all accrued interest on the Note at
any time prior to the Maturity Date.

In connection with the issuance of the Note, the Company, along
with 1st Detect Corporation and Astrotech Technologies, Inc.  (the
"Subsidiaries") entered into a security agreement, dated as of Feb.
13, 2020, with Mr. Pickens, pursuant to which the Company and the
Subsidiaries granted to Mr. Pickens a security interest in all of
the Company's and the Subsidiaries' Collateral, as such term is
defined in the Security Agreement.  In addition, the Subsidiaries
jointly and severally agreed to guarantee and act as surety for the
Company's obligation to repay the Note pursuant to a subsidiary
guarantee.

The transaction was approved by the Company's board of directors
and its audit committee.  Each of the Security Agreement and
Subsidiary Guarantee were approved by all of the disinterested
directors of each of the Subsidiaries.

                       About Astrotech

Astrotech Corporation (NASDAQ: ASTC) (www.astrotechcorp.com), a
Delaware corporation organized in 1984, is a science and technology
development and commercialization company that launches, manages,
and builds scalable companies based on innovative technology in
order to maximize shareholder value.

Astrotech reported a net loss of $7.53 million for the year ended
June 30, 2019, compared to a net loss of $13.25 million for the
year ended June 30, 2018.  As of Dec. 31, 2019, the Company had
$3.67 million in total assets, $3.43 million in total liabilities,
and $247,000 in total stockholders' equity.

Armanino LLP, in San Francisco, California, the Company's auditor
since 2019, issued a "going concern" qualification in its report
dated Sept. 30, 2019, citing that the Company has suffered
recurring losses from operations and has net cash flows
deficiencies that raise substantial doubt about its ability to
continue as a going concern.


BAMA OAKS: Gets Interim OK to Use Cash Collateral
-------------------------------------------------
Judge Barbara Ellis-Monro authorized Bama Oaks Retirement, LLC to
use  cash collateral on an interim basis through and including the
date of the final hearing, pursuant to the budget.  The Court also
authorized the Debtor to pay any fee or charge under Section 1930
of title 28 of the United States Code.

The Court ruled that BOKF N.A.,is granted, retroactive to the
Petition Date, valid and perfected, security interests in, and
liens upon all present and after-acquired property of the Debtor,
of the same character, nature type, and scope as the pre-petition
liens held by BOKF.  BOKF is indenture trustee with respect to
certain bond obligations the Debtor contracted before the Petition
Date.

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

Final hearing on the motion is set for March 10, 2020 at 11 a.m.
Objections must be filed by 4 p.m. of March 3, 2020.

                   About Bama Oaks Retirement

Bama Oaks Retirement, LLC, d/b/a Gordon Oaks Assisted Living, owns
and operates an assisted living facility in Mobile, Alabama.  The
company filed a Chapter 11 petition (Bankr. N.D. Ga. Case No.
20-61914) on Feb. 1, 2020.  In the petition  signed by Christopher
F. Brogdon, manager, the Debtor was estimated to have between $10
million and $50 million in both assets and liabilities.  Theodore
N. Stapleton, P.C., is the Debtor's counsel.


BARRE N9NE: Rejects Somerville Lease; Unsecured Get 20%
-------------------------------------------------------
Debtor Barre N9NE Studio LLC filed the First Amended Combined
Disclosure Statement and Plan of Reorganization dated February 4,
2020.

The Plan provides for the the Debtor to (i) assume the leases at
three remaining locations; (ii) provide for payment of postpetition
sums due to the landlord at the Somerville location; (iii) provide
for payment in full of its secured equipment creditor, and (iv)
provide for a pro rata dividend distribution to holders of allowed
unsecured claims.

During the course of the proceedings, while the Debtor operated its
fitness studios, it sought to sell the Somerville location.
However, a buyer was not located in a timely manner and as such, it
entered into a compromise with the landlord for the Somerville
location whereby the lease was rejected and the premises returned,
with payments to be made in accordance with the Motion to Approve
Rejection of Commercial Lease Agreement for Somerville Location and
Payment Terms for Claims of Street Retail, Inc.

The Debtor continues to operate and is doing so profitably since
the termination of the Somerville lease and intends to focus on the
continued operations at its remaining studios as a restructured
enterprise.  The Debtor has filed Motions to assume the leases for
remaining three locations.

Class 4 Non-Insider, unsecured creditor claimants owed or scheduled
as owed by on the Petition Date exclusive of the claims of disputed
claims of unsecured claimants or claimants were in the approximate
sum of $61,681.00 inclusive of the unsecured claims of Street
Retail.

The Debtor will pay the Class 4 cliamants the sum of $15,000 to be
distributed pro rata in three equal installments with the first
distribution of payable of $4,000 payable upon effective date of
the Plan.  The Debtor estimates payments will result in a dividend
distribution of 20 percent.

A full-text copy of the First Amended Combined Plan and Disclosure
Statement dated February 4, 2020, is available at
https://tinyurl.com/soc9jf3 from PacerMonitor at no charge.

                   About Barre N9ne Studio

Barre N9ne Studio LLC operates 4 barre and fitness studios,
teaching fitness classes in a group setting as well as offers one
on one personal training. As of the bankruptcy filing, it had
locations in Danvers, Woburn, Somerville and Andover,
Massachusetts. The company's office is located at 9 Page Street,
Danvers, Massachusetts.

Barre N9ne Studio filed a Chapter 11 bankruptcy petition (Bankr. D.
Mass. Case No. 19-13241) on Sept. 24, 2019, estimating less than $1
million in both assets and liabilities. Nina M. Parker, at Parker &
Lipton, is the Debtor's counsel.


BAUSCH HEALTH: Fitch Assigns BB Rating on Secured Bank Facilities
-----------------------------------------------------------------
Fitch Ratings assigned a 'BB'/'RR1' rating to Bausch Health
Americas, Inc.'s secured bank revolver, secured term loan and
secured notes offering. The net proceeds will be used to refinance
its existing secured term loans and secured notes due 2022 and
2024. The refinancing extends the bank debt maturities by roughly
two years and the secured notes maturities by approximately six
years. Fitch has also affirmed the existing Issuer Default Ratings
(IDR) and issue ratings for Bausch Health Companies Inc. and Bausch
Health Americas, Inc.

KEY RATING DRIVERS

Good Progress in Business Turn-around: Bausch Health's 'B' IDR
reflects progress in stabilizing operations and reducing debt since
mid-2016. The company is poised to return the dermatology business
to profitable growth in 2020. Throughout the business turn-around,
BHC consistently generated strong FCF relative to the 'B' category
rating, pushed its nearest large debt maturity out until 2023, and
loosened restrictive secured debt covenants through refinancing
transactions. The company's stronger operating profile and
consistent cash generation should enable it to further reduce
leverage in the near term.

Modestly High Leverage: The shareholder litigation settlement will
modestly stress leverage (total debt/EBITDA) for a short period,
but Fitch expects the company to reduce leverage to 7.0x or below
by the end of 2020, and even further during the intermediate to
long term. Including this recent debt issuance, Bausch has made
good progress in reducing the absolute level of debt outstanding
since March 31, 2016 with a combination of internally generated
cash flow and proceeds from asset divestitures.

Returning to Growth: Bausch Health operates with a reasonably
diverse business model relative to its products, customers and
geographies served. Many of the company's businesses are comprised
of defensible product portfolios, which are capable of generating
durable margins and cash flows. Fitch believes that the expected
long-term growth for Bausch Health's eye health (Bausch +
Lomb/International) and gastrointestinal (GI/Salix) businesses
support the company's operating prospects. Fitch also expects that
the dermatology business will grow in 2020 as it successfully
commercializes recently launched products. The dermatology business
accounts for roughly 6.4% of total firm sales.

Reliance on New Products: The stabilization of Bausch Health's
operating profile has involved an increased focus on developing an
internal research and development pipeline, which Fitch believes is
constructive for the company's credit profile over the long term.
This strategy is not without risk since Bausch Health needs to ramp
up the utilization of recently approved products through successful
commercialization efforts. These products include Siliq (for the
treatment of moderate-to-severe plaque psoriasis, although with
safety restrictions), Bryhali (plaque psoriasis), Lumify (red eye)
and Vyzulta (glaucoma). The recent approval of Duobrii or IDP-118
(plaque psoriasis) should also help to strengthen the company's
dermatology business.

Near-Term Maturities Manageable: Bausch Health consistently
generates significant positive FCF (LTM FCF margin of 15.6%).
Including this recent refinancing, it has satisfied debt maturities
until 2023 ($2.2 billion) aside from annual amortization
requirements on the term loans of about $39 million in 2020 and $51
million annually starting 2021. The company's ability to access the
credit markets for unsecured notes issues since 2017 was an
important step forward for the prospects of refinancing shorter
dated maturities.

DERIVATION SUMMARY

Bausch Health, rated 'B'/Stable, is significantly larger and more
diversified than specialty pharmaceutical industry peers
Mallinckrodt plc ('ccc-*'/Outlook Negative) and Endo International
plc ('ccc+*'/Outlook Negative). While all three manufacture and
market specialty pharmaceuticals and have maturing pharmaceutical
products, Bausch Health's Bausch + Lomb (B+L) business meaningfully
decreases business concentration risk relative to Mallinckrodt and
Endo. B+L offers operational diversification in terms of
geographies and payers. Many of its products are purchased directly
by customers without the requirement of a prescription.

Bausch Health's rating also reflects gross debt leverage that is
higher than peers. However, potential opioid-related litigation
could significantly increase leverage for both Mallinckrodt and
Endo. Bausch accumulated a significant amount of debt through
numerous acquisitions. In addition, Bausch Health had a number of
missteps in the integration process and other operational issues.
New management has been focusing on reducing leverage by applying
operating cash flow and divestiture proceeds to debt reduction and
returning the business to organic growth through internal product
development efforts.

Fitch links the ratings of Bausch Health Companies Inc. (parent)
and Bausch Health Americas, Inc. (subsidiary), and assigns the same
'B' Long-Term IDR to both entities. The linkage reflects the strong
legal and operational ties between the parent and the subsidiary.

KEY ASSUMPTIONS

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

  - Modest forecasted revenue growth in 2020. Fitch expects the
loss of exclusivity (LOE) on products will be a roughly $275
million headwind to revenues in 2020. The growth of Siliq, Bryhali,
Thermage FLX and Duobrii should help return the dermatology
business to growth in 2020;

  - EBITDA of $3.5 billion-$3.6 billion in 2020 and increasing
during the intermediate term, driven by revenue growth, improved
sales mix and cost control;

  - Normalized annual FCF of $1.2 billion to $1.3 billion during
the forecast period beginning 2020;

  - Continued debt reduction utilizing FCF;

  - Leverage declining to below 7.0x by the end of 2020.

RATING SENSITIVITIES

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

  - An expectation of gross debt leverage (total debt/EBITDA)
durably below 6.0x;

  - Bausch Health continues to maintain a stable operating profile
and refrains from pursuing large, leveraging transactions including
acquisitions;

  - Forecasted FCF remains significantly positive;

  - Debt maturities are successfully addressed well in advance
through a combination of debt reduction and refinancing.

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

  - Material Gross debt leverage (total debt/EBITDA) durably above
7.0x;

  - Material operational stress returns without a clear path to
stabilize in the near term;

  - FCF significantly and durably deteriorates;

  - Refinancing risk increases and the prospect for meaningful
leverage reduction weakens.

LIQUIDITY AND DEBT STRUCTURE

Bausch Health had adequate near-term liquidity at Dec. 31, 2019,
including cash on hand of $3.24 billion, which includes net
proceeds from Dec. 2019 $2.5 billion bond issuance used to finance
the $1.21 billion pending settlement of the U.S. Securities
litigation due in 2020, and replace $1.24 billion of debt due May
2023 on Jan. 16, 2020.

The company had full availability (excluding letters of credit)
under its $1.225 billion revolving credit facility that will now
mature in 2025 with the recent amendment. The company's most recent
refinancing activities have largely satisfied debt maturities until
2023. Fitch estimates that Bausch Health currently has debt
maturities and loan amortizations of roughly $39 million in 2020,
$51 million in 2021, $51 million in 2022 and $2.24 billion in
2023.

Bausch Health has consistently generated significantly positive FCF
during 2015-2019, despite facing serious operating challenges.
Fitch expects the company to maintain adequate headroom under the
debt agreement financial maintenance covenants during the 2020-2022
forecast period.

Recovery Assumptions

The recovery analysis assumes that Bausch Health would be
considered a going concern in bankruptcy and that the company would
be reorganized rather than liquidated. Fitch estimates a going
concern enterprise value (EV) of $19.2 billion for Bausch Health
and assumes that administrative claims consume 10% of this value in
the recovery analysis.

The going concern EV is based upon estimates of post-reorganization
EBITDA and the assignment of an EBITDA multiple. Fitch's estimate
of Bausch Health's going concern EBITDA of $2.55 billion is 32%
lower than the estimated 2019 EBITDA, reflecting a scenario where
the recent stabilization in the base business is reversed, and the
company is not successful in commercializing the R&D pipeline.

Fitch assumes Bausch Health will receive a going-concern recovery
multiple of 7.5x EBITDA. This is slightly higher than the 6.0x-7.0x
Fitch typically assigns to specialty pharmaceutical manufacturers,
representing Bausch + Lomb's relatively more durable consumer
products focus and the company's larger scale and broader product
portfolio than peers. The current average forward public market
trading multiple of Bausch Health and the company's closet peers is
9.9x.

Fitch applies a waterfall analysis to the going concern EV based on
the relative claims of the debt in the capital structure, and
assumes that the company would fully draw the revolvers in a
bankruptcy scenario. The senior secured credit facility, including
the term loans and revolver, and senior secured notes ($12.58
billion in the aggregate), have outstanding recovery prospects in a
reorganization scenario and are rated 'BB'/'RR1', three notches
above the IDR. The senior unsecured notes ($12.4 billion in the
aggregate) have an average recovery and are rated 'B'/'RR4'.

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 are disclosed:

  -- Historical and projected EBITDA is adjusted to add back
non-cash stock based compensation.

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.

Bausch Health Companies Inc. has an ESG Relevance Score of 4 for
Exposure to Social Impacts due to pressure to contain healthcare
spending growth; highly sensitive political environment, and social
pressure to contain costs or restrict pricing which has a negative
impact on the credit profile, and is relevant to the rating in
conjunction with other factors.


BAUSCH HEALTH: Moody's Assigns Ba2 Rating on New Sec. Term Loan
---------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to the new senior
secured term loan and revolving credit agreement of Bausch Health
Americas, Inc., a subsidiary of Bausch Health Companies Inc. There
are no changes to Bausch Health's other ratings including the B2
Corporate Family Rating, the B2-PD Probability of Default Rating,
the Ba2 senior secured rating, B3 senior unsecured rating and SGL-1
Speculative Grade Liquidity Rating. The outlook remains unchanged
at stable.

Proceeds of the new term loan will be used to repay existing term
loans in a leverage neutral refinancing transaction. The
refinancing is credit positive in that it will reduce Bausch
Health's interest cost while extending the maturity profile.

Assignments:

Issuer: Bausch Health Americas, Inc.

Senior secured term loan, Assigned Ba2 (LGD2)

Senior secured revolving credit facility, Assigned Ba2 (LGD2)

RATINGS RATIONALE

Bausch Health's B2 Corporate Family Rating reflects its high
financial leverage with gross debt/EBITDA above 7 times. The rating
also reflects the challenges that Bausch Health faces to
sustainably improve its earnings growth while confronting
unresolved legal matters including unresolved patent challenges on
Xifaxan -- Bausch Health's largest product. Rising investment in
R&D and marketing will inhibit margin expansion. However, the
company continues to steadily execute on its turnaround plan.
Volume growth and uptake in recently launched products will drive
revenue expansion and rising diversity. Ongoing debt reduction will
result in gradual deleveraging, with some capital deployment for
small acquisitions. The rating is supported by Bausch Health's good
scale with over $8 billion of revenue, solid product diversity and
good free cash flow due to high margins, low taxes and modest
capital expenditures.

Moody's anticipates that Bausch Health's liquidity will remain very
good, reflected in the SGL-1 Speculative Grade Liquidity Rating.
This is based on ample free cash flow, and large capacity under a
committed bank revolver. The company has no short-term borrowings
or debt maturities over the next 12 months.

Bausch Health faces social risks related to its unresolved legal
issues, and the potential for large cash outflows to resolve the
matters. Notwithstanding recent progress resolving certain legal
issues, unresolved matters that Moody's believes create the most
uncertainty relate to the company's former relationship with the
specialty pharmaceutical distributor Philidor and those related to
pharmaceutical pricing and the patient assistance programs. Bausch
Health also faces industry-wide social risks related to high and
rising drug prices that have prompted numerous regulatory and
legislative initiatives that aim to reduce drug pricing. However,
Bausch Health's product and geographic diversification help
mitigate some of that exposure. Among governance considerations,
management has had a consistent debt reduction philosophy ever
since its troubles involving Philidor. For several years, Bausch
Health has used the substantial majority of its free cash flow to
reduce debt. That being said, as the company's turnaround has
continued, it is now willing to make small acquisitions that will
somewhat reduce the rate of debt reduction.

The rating outlook is stable, incorporating Moody's expectation
that debt/EBITDA will decline to about 7.0x in 2020. Factors that
could lead to an upgrade include improvement in earnings growth,
successful commercial uptake of new products, and significant
resolution of outstanding legal matters. Specifically, sustaining
debt/EBITDA below 6.5 times with CFO/debt approaching 10% could
support an upgrade.

Factors that could lead to a downgrade include significant
reductions in pricing or utilization trends of key products,
escalation of legal issues or large litigation-related cash
outflows, an adverse outcome in the Xifaxan patent challenge, or
debt/EBITDA sustained above 7.5 times.

The principal methodology used in these ratings was Pharmaceutical
Industry published in June 2017.

Bausch Health Companies Inc. is a global company that develops,
manufactures and markets a range of pharmaceutical, medical device
and over-the-counter products. These are primarily in the
therapeutic areas of eye health, gastroenterology and dermatology.


BIOPHARMX CORP: Sublets California Office Space to Full Cycle
-------------------------------------------------------------
BioPharmX Corporation and Full Cycle Bioplastics Inc. have entered
into a Sublease Agreement, pursuant to which the Company agreed to
sublet to Subleasee approximately 11,793 rentable square feet of
office space, which the Company currently leases, at 115 Nicholson
Lane, San Jose, CA 95134.  The Sublease is subordinate to the Lease
Agreement between the Company and The Irvine Company LLC.

The term of the Sublease will expire on Dec. 31, 2023.  Full Cycle
will pay the Company monthly rent in the amount of $34,435.56.  In
addition, Subleasee will pay 100% of electricity used in the
subleased Premises and any other utilities and services exclusively
for the subleased Premises.  The Company received a security
deposit of $73,682.

The Sublease contains customary provisions allowing the Company to,
among other things, terminate the Sublease in its entirety and
retake the Premises if Full Cycle fails to remedy certain defaults
of its obligations under the Sublease within specified time
periods.

                        About BioPharmX

Headquartered in San Jose, California, BioPharmX is a specialty
pharmaceutical company focused on developing prescription products
utilizing its proprietary HyantX Topical Delivery System for
dermatology indications.

BioPharmX reported a net loss and comprehensive loss of $17.26
million for the year ended Jan. 31, 2019, following a net loss and
comprehensive loss of $16.64 million for the year ended Jan. 31,
2018.  As of Oct. 31, 2019, the Company had $3.13 million in total
assets, $2.41 million in total liabilities, and $717,000 in total
stockholders' equity.

BPM LLP, in San Jose, California, the Company's auditor since 2014,
issued a "going concern" qualification in its report dated March
14, 2019, citing that the Company's recurring losses from
operations, available cash and accumulated deficit raise
substantial doubt about its ability to continue as a going concern.


BIOPHARMX CORP: To Seek OK of Merger Agreement at March 24 Meeting
------------------------------------------------------------------
BioPharmX Corporation is holding a special meeting of its
stockholders in order to obtain the stockholder approvals necessary
to complete the Agreement and Plan of Merger and Reorganization,
dated Jan. 28, 2020 and related matters.  At the BioPharmX special
meeting, which will be held at 10:00 a.m., Eastern Time, on March
24, 2020 at the law offices of Akerman LLP at Three Brickell City
Centre, 98 Southeast Seventh Street, Suite 1100, Miami, Florida
33131, unless postponed or adjourned to a later date, BioPharmX
will ask its stockholders to, among other things:

   1. Approve the issuance of shares of BioPharmX's common stock
      to Timber Pharmaceuticals LLC's members pursuant to the
      terms of the Merger Agreement;

   2. Approve an amendment to the Certificate of Incorporation of
      BioPharmX to effect a reverse stock split of BioPharmX's
      common stock, at a ratio within the range of 1-for-2 to 1-
      for-21, with such specific ratio to be mutually agreed upon
      by BioPharmX and Timber;

   3. Approve an amendment to BioPharmX's Certificate of
      Incorporation to change the corporate name of BioPharmX
      from "BioPharmX Corporation" to "Timber Pharmaceuticals,
      Inc.";

   4. To consider and vote upon an adjournment of the BioPharmX
      special meeting, if necessary, to solicit additional
      proxies if there are not sufficient votes in favor of
      Proposal Nos. 1 and 2; and

   5. Transact such other business as may properly come before
      the BioPharmX special meeting or any adjournment or
      postponement thereof.

A full-text copy of the Form S-4 is available at the Securities and
Exchange Commission's website at:

                      https://is.gd/HozlIt

                        About BioPharmX

Headquartered in San Jose, California, BioPharmX is a specialty
pharmaceutical company focused on developing prescription products
utilizing its proprietary HyantX Topical Delivery System for
dermatology indications.

BioPharmX reported a net loss and comprehensive loss of $17.26
million for the year ended Jan. 31, 2019, following a net loss and
comprehensive loss of $16.64 million for the year ended Jan. 31,
2018.  As of Oct. 31, 2019, the Company had $3.13 million in total
assets, $2.41 million in total liabilities, and $717,000 in total
stockholders' equity.

BPM LLP, in San Jose, California, the Company's auditor since 2014,
issued a "going concern" qualification in its report dated March
14, 2019, citing that the Company's recurring losses from
operations, available cash and accumulated deficit raise
substantial doubt about its ability to continue as a going concern.


BIOSTAGE INC: Submits Official Response to FDA for Cellspan IND
---------------------------------------------------------------
Biostage, Inc. has submitted its official response to the formal
letter from the U.S. Food and Drug Administration (FDA) related to
the Company's Investigational New Drug (IND) application for the
Cellspan Esophageal Implant (CEI).

The formal letter from the FDA received on December 26th noted that
the agency will inform Biostage of its decision within 30 days of
the Company's submission of its formal response.

"I am extremely pleased with our advancements in the development of
the Cellspan Esophageal Implant and our efforts towards a
'First-in-Human' clinical trial as a potential new therapeutic
option for patients with end-stage esophageal disease.  In
addition, we believe that these advancements will position us to
move forward with our CEI into Esophageal Atresia, a congenital
defect in children where they are born without a fully functional
esophagus," said Jason Jing Chen, Biostage's Chairman.  "I would
especially thank William Fodor, our Chief Scientific Officer, who
managed the substantial and timely responses and interaction with
the FDA along with the R&D team at Biostage who have worked long
hours to complete the IND submission.  We also extend thanks to Jim
McGorry, our former Chief Executive Officer.

"As we reported back in October of 2019, the submission of
Biostage's first IND for our lead product candidate, the Cellspan
Esophageal Implant, was a significant achievement for our team and
a major milestone for the company," commented Dr. Fodor.  "As we
also reported, we received an official notification from the FDA on
December 26, 2019, that we were being placed on Clinical Hold until
we addressed questions and requests for more information from the
agency.  We are pleased to announce today that our responses were
submitted with the help of our clinical advisors and input from our
Scientific Advisory Board.  Our thanks go out to all of our
advisors and to Boston Biomedical Associates, our regulatory
consulting group, who assisted in the submission process.  We look
forward to updating you on the FDA's decision following the 30-day
review period."

                         About Biostage

Headquartered in Holliston, Massachusetts, Biostage, Inc., formerly
Harvard Apparatus Regenerative Technology, Inc. --
http://www.biostage.com/-- is a biotechnology company developing
bioengineered organ implants based on its novel Cellframe
technology.  The Company's Cellframe technology is comprised of a
biocompatible scaffold that is seeded with the patient's own stem
cells.  The Company's Cellspan technology combines a proprietary,
biocompatible scaffold with a patient's own cells to create an
esophageal implant that could potentially be used to treat
pediatric esophageal atresia and other conditions that affect the
esophagus.

Biostage reported a net loss of $7.53 million for the year ended
Dec. 31, 2018, compared to a net loss of $11.92 million for the
year ended Dec. 31, 2017.  As of Sept. 30, 2019, the Company had
$2.06 million in total assets, $941,000 in total liabilities, and
$1.12 million in total stockholders' equity.

In its report dated March 29, 2019, RSM US LLP, in Boston,
Massachusetts, the Company's auditor since 2018, issued an opinion
on the Company's consolidated financial statements for the year
ended Dec. 31, 2018, expressing substantial doubt about the
Company's ability to continue as a going concern.  The auditor
stated that the Company has suffered recurring losses from
operations, has an accumulated deficit, uses cash flows in
operations, and will require additional financing to continue to
fund operations.


BLACK DOG CHICAGO: Exclusive Plan Period Extended Until April 1
---------------------------------------------------------------
Bankruptcy Judge Janet S. Baer extended the exclusive period for
Black Dog Chicago, LLC to file its plan of reorganization and
disclosure statement to and including April 1, 2020, and the
exclusive period for Black Dog to solicit acceptances to its plan
of reorganization is extended to and including June 1, 2020.

Black Dog sought the extension as it continues to negotiate a sale
of one of its subsidiaries -- Black Dog Solutions, LLC). In
addition, the company's managing member, Amit Gauri, continues to
negotiate with potential investors in connection with funding of a
plan of reorganization.

Moreover, Black Dog and Parent Petroleum, Inc. are currently
embroiled in litigation involving: (a) the extension of the
automatic stay to Gauri; (b) the motion for relief from stay filed
by Parent Petroleum; © the objection to Parent Petroleum's claim
filed by the Debtor; and (d) the company's complaint against Parent
Petroleum based upon bad faith and tortious interference with
contract.

                     About Black Dog Chicago

Based in Lyons, Illinois, Black Dog Chicago, LLC, as successor by
merger to Black Dog Chicago Corp. -- http://www.blackdogcorp.com--
is a petroleum distribution firm offering gasoline, diesel, oils,
lubricants, alternative fuels, hauling, and asphalt concrete.

Black Dog Chicago filed a voluntary Chapter 11 petition (Bankr.
N.D. Ill. Case No. 19-28245) on October 28, 2019, and is
represented by Scott R. Clar, Esq. and Arthur G. Simon, Esq. at the
law firm of Crane, Simon, Clar and Dan.

Judge Janet S. Baer presides over the case.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Amit
Gauri, sole manager and majority membership holder.



BOMBARDIER INC: S&P Alters Outlook to Stable, Affirms 'B-' ICR
--------------------------------------------------------------
S&P Global Ratings revised its outlook on Bombardier Inc. to stable
from negative and affirmed its ratings on the company, including
its 'B-' issuer credit rating.

Proceeds from the proposed sale of Bombardier Transportation are
expected to meaningfully reduce Bombardier's debt burden to a more
manageable level. In S&P's view, the expected reduction in
Bombardier's debt levels lowers the risk associated with pending
debt maturities, and underpins the outlook revision to stable. S&P
estimates Bombardier's adjusted debt (which is not net of cash)
will decline to just below US$5 billion (from approximately US$14.6
billion at Dec. 31, 2019) upon completion of the proposed
transaction in the first half of 2021. S&P assumes the company will
apply the sale proceeds almost exclusively toward debt reduction.
The largest share of debt reduction will come from the repayment of
Caisse de depôt et placement du Quebec's (CDPQ) stake in
Bombardier Transportation for US$2.1 billion–US$2.3 billion and
about US$6 billion of reported debt repayment with cash on hand
following the sale of its BT business and other pending asset
sales. In addition, the rating agency's adjusted debt estimate
incorporates the transfer of trade receivables sold, operating
leases, and pension obligations (among other liabilities) at BT to
Alstom.

The sale clearly comes at the expense of earnings and cash flow,
which S&P expects will drop by about 50% on a pro forma basis and
be generated exclusively from business jets. However, S&P expects
material improvement in leverage, including S&P adjusted
debt-to-EBITDA of 6x-7x in 2021. The rating agency also expects the
company will further expand its earnings in 2022 as it works
through a strong backlog (US$14.4 billion at Dec. 31, 2019) and
improve its operating efficiency as production of the Global 7500
scales up. The company should also generate positive free operating
cash flow beyond 2020, supported by the earnings expansion
mentioned earlier, steady capital expenditures of about US$400
million, and lower cash interest requirements.

The stable outlook reflects S&P's view that the proposed
transaction should close in the first half of 2021, resulting in a
meaningful reduction in pro forma leverage and reduced refinancing
risks associated with looming debt maturities. S&P assumes
Bombardier will reduce its adjusted debt by approximately US$10
billion shortly after deal closing, and generate an S&P adjusted
debt-to-EBITDA ratio of 6x-7x.

"We could lower our rating on the company within the next 12 months
if we believe the acquisition of BT by Alstom is unlikely to close,
and if Bombardier's liquidity weakens below our expectations.
Weaker liquidity could result from working capital inefficiencies,
higher-than-anticipated costs, competitive pressures, or slowing
demand for business jets or rail transportation products and
services. In this scenario, we would likely view the company's
capital structure as unsustainable with limited financial
flexibility," S&P said.

"Although unlikely, we could raise our rating on the company within
the next 12 months if Bombardier closes the sale of its
transportation division to Alstom as proposed. However, an upgrade
is also contingent on our view of the company's prospective
business risk profile, which we expect to reassess upon completion
of the transaction," the rating agency said.


BRAND BRIGADE: U.S. Trustee Objects to Releases in Plan
-------------------------------------------------------
Peter C. Anderson, the United States Trustee for Region 16, objects
to approval of the proposed initial Disclosure Statement for
Debtor's Chapter 11 Plan of Reorganization of debtor Brand Brigade,
LLC.

U.S. Trustee's review reveals that the Debtor's Disclosure
Statement fails to contain "adequate information" upon which the
parties in interest will be able to make an informed judgment about
the Plan.

The U.S. Trustee is compelled to object to approval of Debtor's
proposed Disclosure Statement on the primary grounds that the
underlying Chapter 11 Plan, with the overly broad scope of its
proposed assortment of non-debtor releases, cannot and should not
be confirmed as a matter of controlling Ninth Circuit law.

                     About Brand Brigade

Based in Anaheim, Calif., Brand Brigade LLC filed a voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
C.D. Cal. Case No. 19-16397) on May 31, 2019, listing under $1
million in both assets and liabilities.  Jeffrey S. Kwong, Esq., at
Levene Neale Bender Yoo & Brill LLP, is the Debtor's bankruptcy
counsel.  Shore Law Offices is the special litigation advisory
counsel,


BRIGHT MOUNTAIN: Raises $377,000 in Securities Offering
-------------------------------------------------------
Bright Mountain Media, Inc., closed an additional $377,000 in a
private offering.  The Offering was for a $500,000 minimum and a
maximum of $5 million.  The Offering consists of units each unit
contains one share of Common Stock and one warrant exercisable for
one share of Common Stock at an offering price of $0.50 per Unit.
The Warrants are five-year Warrants to purchase one share of Common
Stock at an exercise price of $0.75 cents per share.

This tranche was for a total of $377,000 to 15 accredited investors
purchasing an aggregate of 754,000 units.  The Company received
proceeds of $234,912 and $142,087 was paid to the placement agent,
a registered broker dealer as their Placement Agent and Merger &
Acquisition fees.  The initial tranche was for a total of
$1,517,750 to 26 accredited investors purchasing an aggregate of
3,035,500 units.  The Company received proceeds of $1,265,087 and
$252,663 was paid to the Placement Agent as their Placement Agent
fees.  Spartan also received Warrants to purchase 75,400 and
335,500 shares of Common Stock included in the offering.

All securities issued in the Offering, were sold pursuant to an
exemption from registration under Section 4(a)(2) and Regulation D
of the Securities Act of 1933.

The Company intends to file an application to list its Common Stock
on the New York Stock Exchange within 60 days from Feb. 14, 2020 if
the Company does not file the application for listing prior to the
Listing Application Deadline or does not obtain listing approval
from the NYSE American within 120 days from the Listing Application
Deadline, the Company will be required to issue to each investor in
the Offering one share of Common Stock for each Unit purchased by
such investor in the Offering; provided, however, that if the
Listing Approval is not obtained by the Listing Approval Deadline,
the Listing Approval Deadline will be extended for as long, and to
the extent that, the Company can demonstrate to the Placement
Agent's reasonably satisfaction that it has used good-faith efforts
to obtain the Listing Approval, including providing timely
responses to the NYSE American Exchange's comments and request for
information.  No assurance can be given that the Company will be
successful in obtaining the NYSE American Listing.

                       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.


BURLINGTON PAVERS: Gets Interim Approval to Use Cash Collateral
---------------------------------------------------------------
Burlington Pavers Leasing, LLC, asked the Bankruptcy Court to
authorize use of cash collateral to pay employees, purchase
materials, and pay other expenses necessary to continue operating
its business.  

The Debtor proposed to grant Community State Bank, on an interim
basis, a replacement lien of the same priority to the same extent
and in the same collateral as the Bank had pre-petition.  The
Debtor obtained from the Bank two pre-petition loans: one in April
2019 for $1,750,000 and another in May 2019 for $750,000.

Pursuant to a Court minutes and order, Judge G.  Michael Halfenger
granted the Debtor's motion for interim use of cash collateral.
The Court concluded that the Debtor had a reasonable likelihood of
prevailing at the final hearing on use of cash collateral.  A copy
of the Court minutes of February 12, 2020 is available at
https://is.gd/BFHxFX from PacerMonitor.com free of charge.

An evidentiary hearing is set for March 6, 2020 at 10 a.m.

                About Burlington Pavers Leasing

Burlington Pavers Leasing, LLC --
https://www.cornerstonepaversusa.com/ -- is a division of
Cornerstone USA and has a wide variety of trucks, trailers and
equipment that are available for rent.

The company filed a Chapter 11 petition (Bankr. E.D. Wis. Case No.
20-20884) on February 4, 2020.  On the Petition Date, the Debtor
was estimated to have between $500,000 and $1 million in assets,
and between $1 million and $10 million in liabilities.  The
petition was signed by Christopher C. Cape, manager.  Judge
Katherine M. Perhach is assigned to the case.  Kerkman & Dunn
represents the Debtor as counsel.


CALIFORNIA RESOURCES: Commences Private Exchange Offers
-------------------------------------------------------
California Resources Corporation has commenced private offers to
exchange, upon the terms and conditions set forth in the offering
memorandum and solicitation statement, dated Feb. 20, 2020, and the
related letter of transmittal, to all Eligible Holders of its
outstanding 8% Senior Secured Second Lien Notes due 2022, 5 1/2%
Senior Notes due 2021 and 6% Senior Notes due 2024 to exchange the
outstanding Notes, subject to the Acceptance Priority Level for
consideration comprising:

   (A). (i) up to approximately $113 million in aggregate
        principal amount of senior secured notes issued by Elk
        Hills RoyaltyCo Corporation, (ii) up to 29,290,026 shares
        of class B common stock issued by Elk Hills RoyaltyCo,
        representing in aggregate an approximately 48.8% equity
        interest in Elk Hills RoyaltyCo and (iii) up to
        approximately $162 million in cash, which cash is
        required to be used by tendering holders to subscribe for
        additional Royalty Notes (the "Option A Cash Component
        Consideration" and the maximum amount in the aggregate in
        subclauses (i)-(iii) in this clause (A), the "Maximum
        Option A Exchange Consideration Amount"); or

   (B). (i) up to approximately $429 million in aggregate
        principal amount of the Company's new term loans due 2028
       (ii) warrants exercisable for up to approximately 12.9%,
        in the aggregate, of the Company's common stock as of
        Feb. 14, 2020, issued pro rata to all Eligible Holders
        participating and receiving the New Term Loans on the
        Settlement Date and (iii) up to $25 million in cash,
        which is required to be used by tendering holders to
        subscribe for additional New Term Loans (the maximum
        amount in the aggregate in subclauses (i)-(iii) in this
        clause (B), the "Maximum Option B Exchange Consideration
        Amount," and together with Maximum Option A Exchange
        Consideration Amount, the "Maximum Exchange Consideration
        Amount").

Eligible Holders tendering their Notes are allowed to elect either
the Exchange Consideration described in clause (A) or clause (B) or
a combination thereof, as described in detail in the Offering
Memorandum and Consent Solicitation.  Elk Hills RoyaltyCo will be
incorporated as a special purpose Delaware corporation to hold a
20-year term non-participating royalty interest equal to four and
thirty hundredths percent of eight-eighths (4.30% of 8/8ths) in all
hydrocarbons that may be produced and saved from the Company's
underlying fee mineral interests in the Elk Hills unit as of the
date of the conveyance and, upon consummation of the Offers, 60% of
the equity interest in Elk Hills RoyaltyCo will be owned, in the
aggregate, by tendering holders and Supporting Holders.

In connection with the Exchange Offers, the Company is making
subscription offers to tendering holders, pursuant to which holders
participating in the Exchange Offers are required to use the
entirety of the Option A Cash Component Consideration to subscribe
for additional Royalty Notes, which subscription is conditional on
the consummation of the Exchange Offer involving Royalty Notes and
Class B Shares, and to use the entirety of the Option B Cash
Component Consideration to subscribe for additional New Term Loans,
which subscription is conditional on the consummation of the
Exchange Offer involving New Term Loans and Company Warrants.  The
Offers will be effected in a series of transactions described in
more detail in the Offering Memorandum and Solicitation Statement
and CRC intends to settle the Offers two business days following
the Expiration Time on a net-settlement basis.  Participating
holders will not receive cash on the settlement date.

A table setting forth the Net Consideration, Early Participation
Premium and Net Total Consideration for each series of Notes can be
viewed for free at: https://is.gd/2Cb0SU

The Offers will expire at 11:59 p.m., New York City time, on March
18, 2020, unless extended by CRC.  For each $1,000 principal amount
of Notes validly tendered and not validly withdrawn prior to 5:00
p.m., New York City time, on March 4, 2020, Eligible Holders will
be eligible to receive the "Net Total Consideration", which
includes the "Early Participation Premium" of (A) $50 in principal
amount of Royalty Notes and 5.294 Class B Shares or (B) $50 in
principal amount of New Term Loans and 0.700 Company Warrants.  For
each $1,000 principal amount of Notes validly tendered after the
Early Participation Time, Eligible Holders will be eligible to
receive only the "Net Consideration".

Tendering holders may elect to decline the acceptance of the Class
B Shares to which it would otherwise be entitled to receive for
Notes tendered.  Holders who elect to decline the Class B Shares
will not be entitled to any adjustment to the principal amount of
the Notes tendered and will not receive any other form of
consideration in lieu of the declined Class B Shares.  Class B
Shares so declined will be reallocated on a pro rata basis to
Eligible Holders who participate in the Offers and Consent
Solicitation and who have not made such an election.

On Feb. 20, 2020, prior to the launch of the Offers, the Company
and certain significant holders of the Notes entered into private
subscription agreements, pursuant to which the Supporting Holders
agreed to sell, in the aggregate, approximately $452 million of 8%
Notes, approximately $26 million of 5 1/2% Notes and approximately
$7 million of 6% Notes for approximately $65 million of Royalty
Notes, approximately $246 million of the New Term Loans, up to
6,709,974 Class B Shares and the Company Warrants exercisable for
approximately 7.0% of the Company's common stock as of Feb. 14,
2020, in each case in the aggregate and on a net basis.  The
obligations of the Supporting Holders under the Supporting
Subscription Agreements are subject to customary conditions,
including consummation of the Offers.

In conjunction with the Offers, and on the terms and subject to the
conditions set forth in the Offering Memorandum and Solicitation
Statement, the Company will solicit consents (i) from tendering
holders of the 8% Notes to the adoption of certain amendments to
the indenture governing the 8% Notes and (ii) from tendering
holders of the 6% Notes and the 5 1/2% Notes to the adoption of
certain amendments to the indenture governing the 6% Notes and the
5 1/2% Notes, in each case to modify certain definitions under the
2L Indenture and the Unsecured Notes Indenture to enable the
Company to incur certain types of indebtedness in the future,
including secured indebtedness.  The approval of the amendments to
the 2L Indenture is conditional on, among other things, receipt by
the Company of valid and unrevoked Consents from the Eligible
Holders of at least a majority of the then outstanding aggregate
principal amount of the 8% Notes not owned by the Company or its
affiliates.  The approval of the amendments to the Unsecured Notes
Indenture is conditional on, among other things, receipt by the
Company of valid and unrevoked Consents from the Eligible Holders
of at least a majority of the then outstanding aggregate principal
amount of the 6% Notes and the 5 1/2% Notes, as a single class, not
owned by the Company or its affiliates.  The adoption of the
amendments to the 2L Indenture is not conditional on the adoption
of the amendments to the Unsecured Notes Indenture, and vice versa.
No other consideration will be paid for the Consents.  The
Supporting Holders have agreed to deliver the relevant Consents to
the proposed amendments to the 2L Indenture and the Unsecured Notes
Indenture.

Eligible Holders who validly tender their Notes pursuant to the
Offers will be deemed to have delivered their Consents by such
tender.  Eligible Holders may not deliver Consents without also
validly tendering their Notes.  Approval by holders of the relevant
series of the Notes to either the amendments to the 2L Indenture or
the Unsecured Notes Indenture is not a condition to the
consummation of the Offers, and the Offers may be consummated even
if such approval is not received.  If the amendments to the 2L
Indenture or the Unsecured Notes Indenture are adopted, the
relevant series of Notes will no longer limit the Company's
activities to the same extent as currently provided in the 2L
Indenture and the Unsecured Notes Indenture.

Eligible Holders will not be entitled to receive any cash payment
with respect to accrued and unpaid interest on Notes accepted for
exchange and any such accrued interest will be forfeited, as all
per $1,000 principal amount exchange ratios with respect to the
Offers have been calculated to take account of accrued interest
through the settlement of the transactions of the Offers and
Consent Solicitation.

Tenders and subscriptions may be validly withdrawn at any time on
or prior to 5:00 p.m., New York City time, on March 4, 2020, but
not thereafter unless required by law.

If the aggregate principal amount of Notes validly tendered (and
not validly withdrawn) would cause the Maximum Exchange
Consideration Amount to be exceeded, then only such aggregate
principal amount of Notes that causes the Maximum Exchange
Consideration Amount to be reached will be accepted for exchange
upon the terms and subject to the conditions set forth in the
Offering Memorandum and Solicitation Statement.  The amount of each
series of Notes that is exchanged on the Settlement Date will be
determined in accordance with the respective Acceptance Priority
Levels set forth in the table above (with 1 being the highest
Acceptance Priority Level and 3 being the lowest Acceptance
Priority Level).  Pursuant to this structure, if the aggregate
principal amount of Notes validly tendered (and not validly
withdrawn) would cause the Maximum Exchange Consideration Amount to
be exceeded, validly tendered (and not validly withdrawn) Notes
with an Acceptance Priority Level of 1 (i.e., the 8% Notes) will
first be accepted in full, then Notes with an Acceptance Priority
Level of 2 (i.e., the 5 1/2% Notes) will be accepted and then Notes
with an Acceptance Priority Level of 3 (i.e., the 6% Notes) will be
accepted, in each case on a pro rata basis among the Eligible
Holders thereof in proportion to the aggregate principal amount of
such Notes validly tendered (and not validly withdrawn), up to such
aggregate principal amount that causes the Maximum Exchange
Consideration Amount to be reached.  Notes validly tendered (and
not validly withdrawn) at or before the Early Participation Time
will be accepted for exchange before any Notes validly tendered
after the Early Participation Time, even if such Notes tendered
after the Early Participation Time have a higher Acceptance
Priority Level than the Notes tendered before the Early
Participation Time.  If the aggregate principal amount of Notes
validly tendered at or before the Early Participation Time causes
the Maximum Exchange Consideration Amount to be reached or
exceeded, then CRC will not accept any Notes tendered for exchange
after the Early Participation Time. CRC may elect, in its sole and
absolute discretion, to increase the size of the Maximum Exchange
Consideration Amount.

The consummation of the Offers and Consent Solicitation is subject
to, and conditional upon, the satisfaction or waiver of certain
conditions, including, among other things, that the series of
transactions described in the Offering Memorandum and Solicitation
Statement are completed immediately prior to, or substantially
simultaneously with, the consummation of the Offers and that the
Company is in pro forma compliance with all covenants in the
documents governing its existing indebtedness following the
completion of the transactions contemplated by the Offers and
Consent Solicitation.  Approval of the amendments to the 2L
Indenture or the Unsecured Notes Indenture by holders of the
relevant series of Notes is not a condition to the completion of
the Offers.  The Offers are not subject to the tendering of any
minimum amount of the Notes.  The Company has the right, in its
sole and absolute discretion, subject to applicable law, to
terminate, extend or amend any or all of the Offers at any time
prior to the Expiration Time, or to waive any condition of any
Offer as described in the Offering Memorandum and Solicitation
Statement.
The Company has engaged Perella Weinberg Partners L.P. as its
financial advisor in connection with the Offers and Consent
Solicitation.

Documents relating to the Offers and Consent Solicitation will only
be distributed to "Eligible Holders" of the Notes who complete and
return an eligibility form confirming that they are either a
"qualified institutional buyer" under Rule 144A or not a "U.S.
person" under Regulation S for purposes of applicable securities
laws, and if an Eligible Holder is a "Benefit Plan Investor," it
will not be eligible to receive Class B Shares.  The complete terms
and conditions of the Offers and Consent Solicitation, as well as
the terms of the New Term Loans, the Company Warrants, the Royalty
Notes and the Class B Shares, are described in the Offering
Memorandum and Solicitation Statement and the related letter of
transmittal, copies of which may be obtained by contacting Global
Bondholder Services Corporation, the exchange agent and information
agent in connection with the Offers and Consent Solicitation, at
(866) 470-3800, (212) 430-3774 (banks and brokers), by email at
contact@gbsc-usa.com or by visiting
http://gbsc-usa.com/eligibility/CaliforniaResourcesto complete the
eligibility process.

The Company Warrants, the Royalty Notes and the Class B Shares have
not been and will not be registered under the U.S. Securities Act
of 1933, as amended, or under any state securities laws.  The
Company Warrants, the Royalty Notes and the Class B Shares may not
be offered or sold within the United States, absent registration or
an applicable exemption from registration requirements.

                  About California Resources

California Resources Corporation -- http://www.crc.com/-- is an
oil and natural gas exploration and production company
headquartered in Los Angeles, California.  CRC operates its
resource base exclusively within the State of California, applying
complementary and integrated infrastructure to gather, process and
market its production.

California Resources reported net income attributable to common
stock of $328 million for the year ended Dec. 31, 2018, compared to
a net loss attributable to common stock of $266 million for the
year ended Dec. 31, 2017.  As of Sept. 30, 2019, California
Resources had $7.03 billion in total assets, $721 million in total
current liabilities, $4.89 billion in long-term debt, $158 million
in deferred gain and issuance costs, $679 million in other
long-term liabilities, $789 million in redeemable noncontrolling
interests, and a total deficit of $208 million.

                           *   *   *

In March 2019, S&P Global Ratings affirmed its 'CCC+' issuer credit
rating on California Resources Corp.  The affirmation reflects
S&P's expectation that CRC will continue to support its liquidity
by balancing its spending with its cash flow, selling non-core
assets, and potential for joint ventures in 2019 as mentioned in
the Company's fourth quarter conference call.

In November 2017, Moody's Investors Service upgraded California
Resources' Corporate Family Rating (CFR) to 'Caa1' from 'Caa2' and
Probability of Default Rating (PDR) to 'Caa1-PD' from 'Caa2-PD'.
Moody's said the upgrade of CRC's CFR to 'Caa1' reflects CRC's
improved liquidity and the likelihood that it will have sufficient
liquidity to support its operations for at least the next two years
at current commodity prices.


CANBIOLA INC: Obtains Right to Use "LIFEGUARD" Trademark
--------------------------------------------------------
Canbiola, Inc., entered into a license agreement with Lifeguard
Licensing Corp., a Delaware corporation, pursuant to which
Lifeguard granted the Company the right to use its "LIFEGUARD"
trademark in connection with the Company's manufacture, marketing,
distribution, and sale of products.  In consideration for the
License, the Company agreed to pay Lifeguard a royalty equal to six
percent of net sales of its LIFEGUARD branded products on a
quarterly basis.  The Company further agreed that, regardless of
the net sales generated, each royalty payment will be in an amount
not less than $60,000, which minimum amount will increase annually
following Dec. 31, 2021.  The Agreement will continue until Dec.
31, 2025, unless earlier terminated by the parties, and may be
renewed for additional five-year terms if certain performance
conditions are met.

Under the License, the Company has various performance and sales
obligations including initial product introduction timing and
Lifeguard has various oversight rights such as audit rights,
quality control and inspection rights.  Licensor has the right to
terminate the License in the event of certain breaches by the
Company, at which point, the Company will be required all licensed
material; however it will be permitted to sell its existing
inventory so long as termination is not due to quality issues.
Lifeguard and the Company have agreed to indemnify each other,
which indemnification obligations will survive the termination of
the Agreement.  The Company also agreed to procure and maintain
certain insurance policies for the benefit of the Company and
Lifeguard.

The Agreement otherwise contains terms, conditions, and
representation common with this type of transaction.

                         About Canbiola

Headquartered in Hicksville New York, Canbiola, Inc. --
http://www.canbiola.com/-- develops, produces, and sells products
and
delivery devices containing CBD.  Cannabidiol ("CBD") is one of
nearly 85 naturally occurring compounds (cannabinoids) found in
industrial hemp (it is also contained in marijuana).  The Company's
products contain CBD derived from Hemp and include products such as
oils, creams, moisturizers, isolate, and gel caps.  In addition to
offering white labeled products, Canbiola has developed its own
line of proprietary products, as well as seeking synergistic value
through acquisitions of products and brands in the Hemp industry.

Canbiola reported a net loss and comprehensive loss of $4.11
million for the year ended Dec. 31, 2018, following a net loss and
comprehensive loss of $2.14 million for the year ended Dec. 31,
2017.  As of Sept. 30, 2019, Canbiola had $6.76 million in total
assets, $282,518 in total liabilities, and $6.48 million in total
stockholders' equity.

BMKR LLP, in Hauppauge, NY, the Company's auditor since 2014,
issued a "going concern" qualification in its report dated April
15, 2019, citing that the Company incurred a net loss of $4,112,277
during the year ended Dec. 31, 2018, and as of that date, had an
accumulated deficit of $18,768,753.  The company is in arrears with
certain vendor creditors which, among other things, cause the
balances to become due on demand.  The Company is not aware of any
alternate sources of capital to meet such demands, if made.  The
auditor said the Company's significant operating losses raise
substantial doubt about its ability to continue as a going concern.


CATALENT PHARMA: S&P Rates New 2028 Sr. Unsecured Euro Notes 'B+'
-----------------------------------------------------------------
S&P Global Ratings assigned its 'B+' rating to Catalent Pharma
Solutions Inc.'s proposed senior unsecured Euro-denominated notes
due 2028. The recovery rating is '5', which indicates S&P's view of
modest (10%-30%; rounded estimate: 15%) recovery in the event of a
payment default.

The company intends to use the proceeds to redeem its approximately
$420 million Euro-denominated notes due 2024, cover fees and
expenses, and contribute about $55 million of cash to the balance
sheet for general corporate purposes. The transaction is neutral
for leverage on a net-debt basis and provides additional
liquidity.

"Our long-term issuer credit rating on parent Catalent Inc. remains
'BB-' and the outlook is stable. The ratings reflect our view that
the company has a top-tier reputation and meaningful scale in the
contract development and manufacturing organization (CDMO) industry
and strong revenue visibility from long-term contracts from a
diversified customer base. These positive factors are somewhat
offset by the company's small size relative to its large
pharmaceutical customers and the narrow focus on pharmaceutical
manufacturing," S&P said.

"We generally expect adjusted debt to EBITDA (excluding preferred
equity) to remain in the 4x to 5x range, likely in the higher half
of the range given the expectation for future acquisitions and
capital investment. Catalent has demonstrated willingness to, at
least partially, finance acquisitions through the issuance of
equity, including its recent acquisition of MaSTherCell Global
Inc," the rating agency said.


CJ FOODS: Moody's Assigns 'B2' Corp. Family Rating, Outlook Stable
------------------------------------------------------------------
Moody's Investors Service assigned first-time ratings for CJ.
Foods, Inc., including a B2 Corporate Family Rating and a B2-PD
Probability of Default Rating. Concurrently, Moody's assigned B2
ratings to the company's proposed $40 million senior secured first
lien revolver, and $285 million senior secured first lien term
loan. The outlook is stable.

Proceeds from the proposed term loan along with roll-over equity
will be used to fund CJ Foods' acquisition of American Nutrition,
Inc. (ANI) a leading manufacturer of super premium pet food,
refinance existing debt, and pay for transaction related fees and
expenses. All ratings are subject to Moody's review of final
documentation.

Assignments:

Issuer: CJ. Foods, Inc.

Probability of Default Rating, Assigned B2-PD

Corporate Family Rating, Assigned B2

Senior Secured Bank Credit Facility, Assigned B2 (LGD4)

Outlook Actions:

Issuer: CJ. Foods, Inc.

Outlook, Assigned Stable

RATINGS RATIONALE

CJ Foods' B2 CFR broadly reflects its relatively small scale with
annual pro forma revenue under $1.0 billion, and its elevated
debt/EBITDA leverage that Moody's estimates at around 6.1x at
fiscal year-end December 31, 2019, pro forma for the ANI
acquisition, and excludes some of management's pro forma EBITDA
addbacks and partial credit for synergies. Including management's
EBITDA add-backs and full credit for synergies, pro forma leverage
is estimated at 4.1x for the same period. The company recently lost
material volume from a top customer, and actual results may take an
extended time-period to reflect management's run-rate expectations.
Moody's projects debt/EBITDA leverage will decline to the low-mid
5x over the next 12-18 months due to earnings growth and debt
repayment. The credit profile also reflects CJ Foods' relatively
low single digits operating profit margins, geographic
concentration given its US only operations, and its customer
concentration. In addition, CJ Foods' competes with significantly
larger, global, and well-known manufacturers in the pet food
industry. The rating also considers governance risks, including the
risk associated with the company's ownership by a private equity
sponsor, which increases the risk of shareholder friendly financial
policies.

The credit profile is broadly supported by the non-cyclical nature
and positive underlying trends of the pet food industry, CJ Foods
solid market position in the fast growing sub-segment of the
industry, and its well established customer relationships. Also,
the ANI acquisition brings product capabilities, supply chain
footprint diversification within the US, and provides the company
with cross sell opportunities. The rating also considers the
company's vertical integrated operations with its ingredients
segment, and its national coverage with its multi-plant
manufacturing operations which offer a competitive advantage. CJ
Foods has good liquidity characterized by Moody's expectations of
positive free cash flow in the range of $15-$20 million in fiscal
2020, access to a $40 revolving credit facility which provides
flexibility to manage working capital seasonality, and lack of near
term maturities.

The stable outlook reflects Moody's expectations that high starting
pro forma debt/EBITDA leverage will decline to below 6.0x over the
next 12-18 months, with positive free cash flow, and that liquidity
will remain good.

Ratings could be upgraded if the company meaningfully increases its
scale and customer diversification while debt/EBITDA is sustained
below 5.0x and free cash flow/debt above 8%. In addition, a ratings
upgrade will require financial strategies that support credit
metrics at those levels, and good liquidity. Ratings could be
downgraded if the company's operating performance deteriorates, or
if the company losses a major customer such that debt/EBITDA is
sustained above 6.0x, or EBITA/interest falls below 1.25x. Ratings
could also be downgraded if liquidity weakens for any reason, if
the company fails to generate positive free cash flow on an annual
basis, or the company's financial strategies become more
aggressive, including undertaking a large debt-financed acquisition
or dividend distribution.

The first lien credit agreement contains provisions for incremental
debt capacity up to the greater of $70.0 million and 100% of
consolidated pro forma trailing twelve months consolidated EBITDA
plus additional amounts subject to a pro forma net first lien
leverage requirement not to exceed ratio at close (if pari passu
secured). For junior lien debt, the incremental debt capacity is
subject to an incurrence test. Moody's estimates the incremental
first lien leverage that the company can incur adds about 1.2x of
first lien leverage at the close of the transaction. Only wholly
owned subsidiaries must provide guarantees; partial dividend of
ownership interest could jeopardize guarantees subject to
limitation by credit agreement. The credit agreement also permits
the designation of unrestricted subsidiaries and the transfer of
assets to unrestricted subsidiaries, subject to the limitations and
baskets in the negative covenants. In addition, the asset-sale
proceeds prepayment requirement has leverage-based step-downs and
is eliminated if the first lien net leverage ratio is at least 1.5x
below the closing date first lien net leverage ratio, with the
right to reinvest or commit to reinvest within 180 days. The above
are proposed terms and the final terms of the credit agreement can
be materially different.

CJ Foods, Inc. is a leading contract manufacturer of super premium
pet food and supplier of pet food ingredients to pet food companies
and retailers. Pro forma for the ANI acquisition annual revenue is
under $1.0 billion. The company is privately owned by J.H. Whitney
and does not publicly disclosed financial information.

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


COLUMBUS OIL: Unsecureds to Get 100% in 5 Years
-----------------------------------------------
Columbus Oil & Gas, LLC, filed a Combined Plan of Reorganization
and Disclosure Statement, that contemplates the Debtor's continued
operation of its business in Cass County, Michigan, hall and
distribution of revenues and income as provided under the terms of
this Plan.

The Plan treats claims as follows:

  * Class I consists of the Bell Oil, LLC Secured Claim. IMPAIRED.
If Bell Oil submits a ballot accepting this Plan, then in that
event, the Bell Oil Claim which is in excess of $5,800,000.00 will
be satisfied and discharged in full, and pursuant to 11 USC
1123(a)(5)(B), upon the transfer of all of the assets of Debtor to
NuBell Oil & Gas, LLC, as set forth in Article IV. Or If Bell Oil
does not accept this Plan or objects to its treatment under this
Plan or any other provision of the Plan, Debtor and Bell Oil shall
present evidence concerning the value of Debtor's assets and the
amount of the Bell Oil Claim.

  * Class II consists of the Allowed Secured Claim of Equipment
Lessors in specified assets of Debtor. IMPAIRED. Debtor shall
satisfy the Allowed Equipment Lessors Secured Claims, in one of
three alternate treatments, as determined by Debtor:

    (a) Debtor may retain the equipment securing an Allowed
Equipment Lessors Secured Claim and pay the Allowed Equipment
Lessors Secured Claim in full through 60 equal monthly payments
beginning 30 days after the Confirmation Date with interest
accruing at the Interest Rate; or

    (b) Debtor may retain the equipment securing an Allowed
Equipment Lessors Secured Claim and, within 30 days after the
Confirmation Date, cure all arrearages under the financing contract
for the vehicle, and make payments under the contract for the
Equipment Lessors remainder of the contract term; or; (c) Debtor
may return the equipment to the Holder of the Allowed Equipment
Lessors Secured Claim within 30 days after the Confirmation Date,
and any deficiency shall be treated as a General Unsecured Claim.

  * Class III consists of all Allowed General Unsecured Claims.
IMPAIRED. Holders of Allowed Class III Claims will be paid 100% of
their claim, payable in equal annual distributions, commencing on
the first year following the Effective date, and each year
thereafter, such that the five distributions, in the aggregate,
will equal 100% of the General Unsecured Claims.

A full-text copy of the Combined Plan of Reorganization and
Disclosure Statement dated Feb. 12, 2020, is available
at https://tinyurl.com/sdp8euo from PacerMonitor.com at no
charge.

Counsel for the Debtor:

     David R. Heyboer
     HEYBOER LAW, PLC
     3051 Commerce Drive., Ste. 1
     Fort Gratiot, MI 48059
     Tel: 810-982-9800
     E-mail: heyboerlaw@gmail.com

                    About Columbus Oil & Gas

Columbus Oil & Gas, LLC, is an oil & energy company based out of
Port Huron, Michigan.

Columbus Oil & Gas, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. E.D. Mich. Case No. 19-52994) on Sept. 11, 2019.  In the
petition signed by Charles U. Lawrence, manager, the Debtor was
estimated to have $0 to $50,000 in assets and $10 million to $50
million in liabilities.  The Hon. Maria L. Oxholm oversees the
case.  David R. Heyboer, Esq., at Heyboer Law PLC, serves as
bankruptcy counsel to the Debtor.


COMMUNITY HEALTH: Board OKs Compensation Arrangements for 2020
--------------------------------------------------------------
The Board of Directors of Community Health Systems, Inc., upon
recommendation of the Compensation Committee of the Board, met and
approved the following compensation arrangements for 2020 for the
Company's named executive officers, as reflected in the Company's
definitive proxy statement for its 2019 annual meeting of
stockholders (other than Thomas J. Aaron, the Company's former
executive vice president and chief financial officer who retired on
Dec. 31, 2019, and P. Paul Smith, the Company's former division
president, who resigned during 2019), along with Kevin J. Hammons,
who was the Company's senior vice president, assistant chief
financial officer and treasurer during 2019 and became executive
vice president and chief financial officer, effective Jan. 1, 2020,
upon Mr. Aaron's retirement, as well as Lynn T. Simon, M.D., the
Company's president of Clinical Operations and chief medical
officer, who is expected to be included as a named executive
officer in the Company's definitive proxy statement for its 2020
annual meeting of stockholders.

               2020 Cash Incentive Compensation

The Board approved performance goals for the Applicable Executive
Officers for fiscal year 2020 under the Company's 2019 Employee
Performance Incentive Plan, with target opportunities as follows
(expressed as a percentage of base salary):

     Name and Position                       Target Opportunity
     -----------------                       ------------------    
  
     Wayne T. Smith
     Chairman and Chief Executive Officer          225%

     Kevin J. Hammons
     Executive Vice President and
     Chief Financial Officer                       125%
  
     Tim L. Hingtgen
     President and Chief Operating Officer         140%

     Lynn T. Simon, M.D.
     President of Clinical Operations and
     Chief Medical Officer                         115%

     Benjamin C. Fordham
     Executive Vice President,
     General Counsel and Assistant Secretary       115%

In addition, each Applicable Executive Officer will have the
opportunity to achieve an additional percentage of his or her base
salary for the attainment of specific non-financial performance
improvements up to a maximum of an additional 40% for Mr. Smith;
25% for Mr. Hammons and Mr. Hingtgen; and 10% for Dr. Simon and Mr.
Fordham.  Each Applicable Executive Officer will also have the
opportunity to achieve an additional percentage of his or her base
salary for overachievement of Company-level goals up to a maximum
of an additional 35% for Mr. Smith and Mr. Hingtgen, and an
additional 25% for Mr. Hammons, Mr. Fordham and Dr. Simon.

The payments made to the Company's 2019 named executive officers
under the Cash Incentive Plan in respect of fiscal 2019 incentive
compensation targets will be set forth in the definitive proxy
statement to be filed by the Company in connection with the
Company's 2020 annual meeting of stockholders.

                     2020 Base Salaries

The Board approved the following base salary amounts for the
Applicable Executive Officers for fiscal year 2020:

      Name and Position                       2020 Base Salary
      -----------------                       ----------------  
      Wayne T. Smith
      Chairman and
      Chief Executive Officer                      $1,600,000

      Kevin J. Hammons
      Executive Vice President and
      Chief Financial Officer                        $575,000

      Tim L. Hingtgen, President and
      Chief Operating Officer                      $1,000,000

      Lynn T. Simon, M.D., President of
      Clinical Operations and Chief Medical Officer  $583,518

      Benjamin C. Fordham,
      Executive Vice President,
      General Counsel and Assistant Secretary        $606,778

        Long-Term Incentive Compensation - Equity Awards

Pursuant to the Company's Amended and Restated 2009 Stock Option
and Award Plan, the Board approved the following equity grants to
the Applicable Executive Officers, effective March 1, 2020:
  
                                                   Performance-
                      Non-Qualified  Time Vesting   Based Rest.
Name and Position    Stock Options  Rest. Stock      Stock
-----------------    -------------  ------------  ------------
Wayne T. Smith
Chairman and CEO        112,500        112,500       225,000

Kevin J. Hammons
EVP and CFO              47,500         47,500        95,000

Tim L. Hingtgen
President and COO        75,000         75,000       150,000

Lynn T. Simon, M.D.
President of Clinical
Operations and
Chief Medical Officer    26,250         26,250          52,500

Benjamin C. Fordham
Executive Vice President
General Counsel and
Assistant Secretary      26,250         26,250          52,500

In addition to the annual long-term incentive awards, the Board
also approved a special award of 200,000 non-qualified stock
options for Mr. Hingtgen effective March 1, 2020.  This award is
intended to support the Company's strategic succession planning
process and further align Mr. Hingtgen's overall compensation with
increases in stockholder value.

The number of performance-based restricted shares granted to each
Applicable Executive Officer is subject to the attainment of
certain performance objectives during the three-year period
beginning Jan. 1, 2020 and ending Dec. 31, 2022, with the ultimate
number of shares vesting in respect of such awards after such
three-year period ranging from 0% to 200% of the shares set forth
above based on the level of achievement of such performance
objectives.

Both the non-qualified stock options (including the special award
to Mr. Hingtgen noted above) and the time-vesting restricted stock
vest ratably over three years, beginning on the first anniversary
of the grant date.

                     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, a
suburb south of Nashville.  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 $675 million for the year ended Dec. 31, 2019,
compared to a net loss attributable to the Company's stockholders
of $788 million for the year ended Dec. 31, 2018.  As of Dec. 31,
2019, the Company had $15.61 billion in total assets, $17.24
billion in total liabilities, $502 million in redeemable
noncontrolling interests in equity of consolidated subsidiaries,
and a total stockholders' deficit of $2.14 million.

                           *   *   *

In November, 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.

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.


COMMUNITY HEALTH: Reports Net Loss of $675 Million for 2019
-----------------------------------------------------------
Community Health Systems, Inc., filed with the Securities and
Exchange Commission its Annual Report on Form 10-K reporting a net
loss attributable to the Company's stockholders of $675 million on
$13.21 billion of net operating revenues for the year ended Dec.
31, 2019, compared to a net loss attributable to the Company's
stockholders of $788 million on $14.15 billion of net operating
revenues for the year ended Dec. 31, 2018.

As of Dec. 31, 2019, the Company had $15.61 billion in total
assets, $17.24 billion in total liabilities, $502 million in
redeemable noncontrolling interests in equity of consolidated
subsidiaries, and a total stockholders' deficit of $2.14 billion.

Net cash provided by operating activities increased $111 million,
from approximately $274 million for the year ended Dec. 31, 2018,
to approximately $385 million for the year ended Dec. 31, 2019. The
increase in cash provided by operating activities was primarily the
result of $266 million paid during the fourth quarter of 2018
related to the global resolution and settlement of litigation and
government investigation of HMA, partially offset by higher
interest payments due to the refinancing activity during the year
ended Dec. 31, 2019, and higher malpractice claim payments compared
to the same period in 2018. Total cash paid for interest during the
year ended Dec. 31, 2019 increased to approximately $1.0 billion
compared to $936 million for the year ended Dec. 31, 2018.  Cash
paid for income taxes, net of refunds received, resulted in a net
refund of $3 million and $19 million during the year ended Dec. 31,
2019 and 2018, respectively.

The Company's net cash used in investing activities was
approximately $2 million for the year ended Dec. 31, 2019, compared
to approximately $245 million for the year ended Dec. 31, 2018, a
decrease of approximately $243 million.  The cash used in investing
activities during the year ended Dec. 31, 2019, was primarily
impacted by an increase in proceeds from the divestitures of
hospitals and other ancillary operations of $199 million, a
decrease in the cash used in the purchase of property and equipment
of $89 million for the year ended Dec. 31, 2019 compared to the
same period in 2018, and a decrease in the cash used in the
acquisition of facilities and other related equipment of $13
million as a result of a reduction in cash used to purchase
physician practices, clinics and other ancillary businesses for the
year ended Dec. 31, 2019 compared to the same period in 2018,
partially offset by the acquisition of one hospital during the year
ended Dec. 31, 2019.  The decreases in cash used in investing
activities were also impacted by a decrease in cash provided by the
net impact of the purchases and sales of available-for-sale debt
securities and equity securities of $24 million, a decrease in the
proceeds from sale of property and equipment of $5 million for the
year ended Dec. 31, 2019 compared to the same period in 2018 and an
increase in cash used for other investments (primarily from
internal-use software expenditures and physician recruiting costs)
of $29 million.

The net cash used in financing activities was $363 million for the
year ended Dec. 31, 2019, compared to approximately $396 million
for the year ended Dec. 31, 2018, a decrease of approximately $33
million.  The decrease in cash used in financing activities, in
comparison to the prior year period, was primarily due to the net
effect of the Company's debt repayment, refinancing activity, and
cash paid for deferred financing costs and other debt-related
costs.

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

                      https://is.gd/9SXdWe
  
                    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, a
suburb south of Nashville.  Shares in Community Health Systems,
Inc. are traded on the New York Stock Exchange under the symbol
"CYH."

                          *    *    *

In July 2018, S&P Global Ratings raised its corporate credit rating
on Franklin, Tenn.-based hospital operator Community Health Systems
Inc. to 'CCC+' from 'SD' (selective default).  The outlook is
negative.  "The upgrade of Community to 'CCC+' reflects the
company's longer-dated debt maturity schedule, and our view that
its efforts to rationalize its hospital portfolio as well as
improve financial performance and cash flow should strengthen
credit measures over the next 12 to 18 months."

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.


CONSOLIDATED INFRASTRUCTURE: Exclusivity Period Extended to May 26
------------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware extended the
periods during which Consolidated Infrastructure Group, Inc. has
the exclusive right to file a Chapter 11 plan and to solicit plan
acceptances to May 26 and July 27, respectively.

The extension will give the company enough time to evaluate
available options to exit bankruptcy, including through a Chapter
11 plan that will maximize potential recoveries for its
stakeholders.  The company intends to continue negotiating with its
creditors and focus on evaluating paths for exiting bankruptcy.

                About Consolidated Infrastructure

Created in 2016 and headquartered in Omaha, Nebraska, Consolidated
Infrastructure Group, Inc., provides underground utility and damage
prevention services to support others that do underground
construction and maintenance.  By providing detailed information on
what lies beneath the surface, CIG's damage prevention services
help protect communities from damage that could otherwise occur
when utilities, other companies, or individuals dig underground.

CIG sought Chapter 11 protection (Bankr. D. Del. Case No. 19-10165)
on Jan. 30, 2019.  The Debtor disclosed $11.6 million in assets and
$9 million in liabilities as of Jan. 30, 2019.

Judge Brendan Linehan Shannon oversees the case.

The Debtor tapped Richards, Layton & Finger, P.A. as legal counsel;
Gavin/Solmonese LLC as financial advisor and investment banker; and
Omni Management Group as claims and noticing agent.


CORNERSTONE USA: Case Summary & 19 Unsecured Creditors
------------------------------------------------------
Debtor: Cornerstone USA, LLC
        6422 State Road, Ste 1
        Racine, WI 53402

Business Description: Cornerstone USA, LLC --
                      https://www.cornerstonepaversusa.com --
                      owns various batch plants, concrete paving
                      machines, slip form pavers, curb and gutter
                      machines capable of producing concrete and
                      performing a wide variety of concrete paving
                      operations including mainline slipform
                      paving, curb and gutter work, barrier walls,
                      and econocrete airport pavements.

Chapter 11 Petition Date: February 21, 2020

Court: United States Bankruptcy Court
       Eastern District of Wisconsin

Case No.: 20-21331

Debtor's Counsel: Jerome R. Kerkman, Esq.
                  KERKMAN & DUNN
                  839 N. Jefferson St., Ste. 400
                  Milwaukee, WI 53202-3744
                  Tel: 414-277-8200

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Christopher C. Cape, managing member.

A copy of the Debtor's list of 19 unsecured creditors is available
for free at PacerMonitor.com at:

                    https://is.gd/My7pUV

A copy of the petition is available for free at PacerMonitor.com
at:

                     https://is.gd/6bFlXk


DENNIS EUGENE: Samples, Jennings Represents 2 Banks
---------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Samples, Jennings, Clem & Fields, PLLC submitted a
verified statement to disclose that it is representing Simmons Bank
and Family Savings Credit Union in the Chapter 11 cases of Dennis
Eugene Camp.

As of Feb. 18, 2020, the parties listed and their disclosable
economic interests are:

Simmons Bank
P.O. Box 220
Athens, TN 37371-0221

* Camp is indebted to Simmons in the amount of $152,389.37 plus
post judgment interest at the rate of 6.8%, attorney fees, and
costs pursuant to a Judgment for Possession and Damages entered on
December 4, 2019, in the Circuit Court for the 10th Judicial
District McMinn County Tennessee.  Simmons also has a security
interest in the following property:

      a. 2012 Peterbilt 587 Truck VIN IXP4D49X3CD123784
      b. 2011 Peterbilt 389 Truck VIN INPXGGGG10D118002
      c. 2006 Western Star 49X Truck VIN 5KJJABCK96PV37401

Family Savings Credit Union (FSCU)
342 Charles Hardy Pkwy.
Hiram, GA 30141

* FSCU has a claim in the amount of approximately $7,330.12 plus
interest, costs and attorney fees secured by a Chevy Silverado and
an unsecured loan in the amount of $9,999.14.

James A Fields and the firm of Samples, Jennings, Clem & Fields,
PLLC reserve the right to amend this Verified Statement as
necessary.

The Firm can be reached at:

          Samples, Jennings, Ray & Clem, PLLC
          James A. Fields, Esq.
          130 Jordan Drive
          Chattanooga, TN 37421
          Tel: (423) 892-2006
          E-mail: ecfcreditor@sampleslaw.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/vxL0ro

The Chapter 11 case is In re Dennis Eugene Camp (Banks. E.D. Ten.
Docket No. 20-bk-10048-NWW).


DESTINY SPRINGS: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
The Office of the U.S. Trustee on Feb. 18, 2020, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Destiny Springs
Healthcare, LLC.
  
                 About Destiny Springs Healthcare

Destiny Springs Healthcare, LLC, owns and operates a 90-bed,
67,566-square-foot behavioral healthcare facility located at 17300
N. Dysart Road in Surprise, Ariz., that provides both inpatient and
outpatient treatment for adolescents, adults and geriatric
patients.

Destiny Springs Healthcare filed for Chapter 11 bankruptcy
protection (Bankr. D. Ariz. Case No. 19-15702) on Dec. 15, 2019.
In the petition signed by Dr. Martin Newman, M.D., president, the
Debtor was estimated to have $1 million to $10 million in both
assets and liabilities.  Judge Madeleine C. Wanslee oversees the
case.

Grant L. Cartwright, Esq., at may, Potenza, Baran, & Gillespie,
P.C., serves as the Debtor's legal counsel.

Susan N. Goodman has been appointed as patient care ombudsman for
the Debtor's patients.


DIMLUX LLC: Case Summary & 2 Unsecured Creditors
------------------------------------------------
Debtor: Dimlux LLC
        1780 Orange Tree Lane
        Redlands, CA 92374

Chapter 11 Petition Date: February 21, 2020

Court: United States Bankruptcy Court
       Central District of California

Case No.: 20-11354

Judge: Hon. Mark D. Houle

Debtor's Counsel: Donald Beury, Esq.
                  BEURY LAW FIRM
                  1780 Orange Tree Lane
                  Redlands, CA 92374
                  Tel: 909-328-8111
                  E-mail: info@beurylawfirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Visman Chow, manager.

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

                   https://is.gd/cD2WZy


ELECTRONIC SERVICE: Court Grants Cash Access Thru Feb. 15
---------------------------------------------------------
The Bankruptcy Court authorized Electronic Service Products
Corporation to use cash collateral on a revolving basis through
February 15, 2020, pursuant to the budget.  The monthly budget for
February 2020 provides for $66,180.69 in monthly expenses,
including $42,234.60 in payroll and $8,270.69 in health insurance.


The Debtor may grant its secured creditor (i) a replacement lien
upon the Debtor's pre-petition assets as existed on the Petition
Date, of the same type against which the secured creditor held
validly protected liens and security interests as of the Petition
Date, and (ii) a continuing post-petition lien in all property
acquired by the Debtor after the Petition Date.

A copy of the order is available for free at https://is.gd/MKU4f2
from PacerMonitor.com.

                About Electronic Service Products

Founded in 1992, Electronic Service Products Corporation is engaged
in the wholesale distribution of electronic parts and electronic
communications equipment.

Electronic Service Products filed a Chapter 11 petition (Bankr. D.
Conn. Case No. 17-30704) on May 12, 2017.  In the petition signed
by William Hrubiec, its president, the Debtor was estimated to have
$100,000 to $500,000 in assets and $1 million to $10 million in
liabilities.  The case is assigned to Judge Ann M. Nevins.  The
Debtor tapped William E. Carter, Esq., at the Law Office of William
E. Carter, LLC, as counsel.


ENERMEX INT'L: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------
The Office of the U.S. Trustee on Feb. 18, 2020, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Enermex International,
Inc.
  
                  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 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 and chief executive officer, the Debtor
was estimated to have $1 million to $10 million in both assets and
liabilities.  Judge Jeffrey P. Norman oversees the case.  The
Debtor hired Coplen & Banks, PC., and Smith & Cerasuolo, LLP as
bankruptcy counsel.


EP ENERGY: Judge Denies Bid to Appoint Equity Committee
-------------------------------------------------------
Judge Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas denied the motion filed by EP Energy
Corporation's shareholder, Duane Morley Cox, to appoint an equity
committee, in the company's Chapter 11 case.

In his Feb. 19 order, Judge Isgur answered the question of whether
discontinuity of EP Energy's business enterprise would allow a
shifted entity, such as the one proposed by Mr. Cox, to take
advantage of the company's net profit losses.

"As applied here, Section 382(c)'s limitation on a new loss
corporation's use of the old corporation's net operating loss
carryovers precludes the type of shift or change in business
proposed by Mr. Cox at the hearing on Feb. 12, 2020, because his
proposal requires the discontinuity of EP Energy's historic
business or it lacks the use of a significant portion of EP
Energy's assets in the business," Judge Isgur said, referring to
the provision governing net profit loss carryovers.

Judge Isgur also addressed Mr. Cox's allegation that there is a
fundamental unfairness in not allowing shareholders to utilize the
net loss carryforward.  

"Even if the continuity of business enterprise limitation pursuant
to Section 328(c) did not apply in this case, there would be no
fundamental unfairness that would justify the appointment of a
committee," Judge Isgur said.

"Fairness under the bankruptcy code prescribes that creditors must
be paid before shareholders.  Congress, through the absolute
priority rule, has set forth what in fairness should occur when
there are losses in bankruptcy.  Under the absolute priority rule,
senior claims must be paid in full before any junior class can
receive or retain any property," the bankruptcy judge said.

Judge Isgur pointed out that EP Energy creditors are not being paid
in full and, therefore, Mr. Cox's receipt or retention of property
in the form of net profit losses is further precluded by the
absolute priority rule.

                          About EP Energy

EP Energy Corporation and its direct and indirect subsidiaries(OTC
Pink: EPEG) -- http://www.epenergy.com/-- are a North American oil
and natural gas exploration and production company headquartered in
Houston, Texas. The Debtors operate through a diverse base of
producing assets and are focused on the development of drilling
inventory located in three areas: the Eagle Ford shale in South
Texas, the Permian Basin in West Texas, and Northeastern Utah.

EP Energy Corporation and its subsidiaries sought Chapter 11
protection on Oct. 3, 2019, after reaching a deal with Elliott
Management Corporation, Apollo Global Management, LLC, and certain
other noteholders on a bankruptcy exit plan that would reduce debt
by 3.3 billion.

The lead case is In re EP Energy Corporation (Bankr. S.D. Tex. Lead
Case No. 19-35654).

EP Energy was estimated to have $1 billion to $10 billion in assets
and liabilities as of the bankruptcy filing.

Judge Marvin Isgur oversees the cases.

The Debtors tapped Weil, Gotshal & Manges LLP as bankruptcy
counsel; Evercore Group L.L.C. as investment banker; and FTI
Consulting, Inc., as financial advisor. Prime Clerk LLC is the
claims agent.

The Office of the U.S. Trustee appointed a committee of unsecured
creditors on Oct. 21, 2019.  The committee tapped Stroock & Stroock
& Lavan LLP as bankruptcy counsel; Polsinelli PC as local counsel;
Pachulski Stang Ziehl & Jones LLP as conflicts counsel;
AlixPartners, LLP as financial advisor; and Jefferies LLC as
investment banker.


EXACTUS INC: Appoints New Chief Growth Officer
----------------------------------------------
Derek Du Chesne was appointed to serve as the Company's new chief
growth officer, effective Feb. 18, 2020.

Mr. Chesne, age 32, was the chief growth officer for EcoGen
Laboratories, the largest vertically-integrated manufacturer and
supplier of hemp-derived specialty ingredients in the U.S.A, since
January of 2019.  He was a consultant for EcoGen prior to becoming
a partner at the company.  Mr. Du Chesne is a brand management
professional who has a proven track record of success through
concept, development, and launch, building iconic brands by
orchestrating successful campaign deployment on both a global and
regional scale.  He is a strategic leader who has repeatedly led
teams to maximize performance in order to achieve stakeholders'
goals on time and in full.  From July of 2016 until February of
2019, Mr. Du Chesne co-founded and launched Healing Ventures, a
full-service agency and digital marketplace dedicated to servicing
the hemp industry.  From September of 2014 until July of 2016, he
served as chief marketing officer of Klique, Inc., a group dating
platform created to help curb sexual assaults on campuses.  Prior
to that Derek was a film and television producer and actor, who has
worked with Bruce Willis, Robert DeNiro, and other actors.

Mr. Du Chesne has not had any material direct or indirect interest
in any of our transactions or proposed transactions over the last
two years.

Mr. Du Chesne was retained under the terms of an Employment
Agreement dated Feb. 18, 2020.  Under the Agreement, Mr. Du Chesne
will serve for an initial term of two years, with the employment to
be automatically renewed for additional one-year terms unless
advance notice is given by either party.  The Agreement requires
Mr. Du Chesne's primary business time and attention to be devoted
to his duties with Exactus.  He will be based in Los Angeles,
California, but may be required to spend up to fifty-percent of his
working time at the Company's headquarters in Florida, with the
related expenses for travel and lodging to be borne by the Company.
Mr. Du Chesne's base salary for the initial year of service will
be $150,000, increasing to not less than $250,000 for the second
year of service, subject to annual review by the Board of
Directors.  He will be entitled to quarterly cash bonuses based on
a percentage of our net sales to be determined.  In addition, Mr.
Du Chesne will be entitled to annual cash bonuses as follows: (1)
up to 250% of base salary for the 2020 calendar year, if: (A) the
Company's net income on a consolidated basis for the 2020 fiscal
year is equal to or in excess of $5,000,000; or (B) the Company's
net sales on a consolidated basis is equal to or in excess of
$40,000,000 during the 2020 fiscal year; and (2) 200% of base
salary for the 2021 calendar year, subject to the satisfaction of
performance criteria set by the Board in consultation with a
third-party compensation expert and Mr. Du Chesne.  He will be
eligible to participate in the Company's Equity Incentive Plan
during his employment.  Upon execution of the Agreement, he was
granted options to purchase up to 1,000,000 shares of the Company's
common stock at a price of $0.50 per share.  250,000 of these
options were vested immediately, with the remaining 750,000 options
to vest in equal installments over the next twenty-four months.
Finally, Mr. Du Chesne will be entitled to three weeks of paid
vacation time, which shall accrue and be useable in accordance with
Company policy, and to participate in benefit plans which may be
offered by the Company.

In the event that Mr. Du Chesne is terminated without cause (as
defined in the Agreement) or if he resigns for good reason (as
defined in the Agreement), will be entitled to payment of accrued
salary and reimbursable expenses, together with severance payments
as follows:

   * If the termination without cause or resignation with good
     reason occurs within the first 12 months, two years of base
     salary;

   * If the termination without cause or resignation with good
     reason occurs after the first 12 months, one year of base
     salary;

   * 150% of any cash bonus earned as of the time of termination;
     and

   * Accelerated vesting of six months’ worth of stock options

In the event of termination for cause (as defined in the Agreement)
or resignation without good reason (as defined in the Agreement),
no severance will payable.  The Agreement also includes covenants
of non-competition and non-solicitation which run for one year
following termination of employment.

                          About Exactus

Headquartered in Delray Beach, Florida, Exactus Inc. is a
healthcare company pursuing opportunities in hemp derived
cannabidiol (CBD) products.  Exactus has made investments in
farming and has over 200 acres of CBD-rich hemp in Southwest
Oregon.  Exactus is introducing a range of consumer brands, such as
Green Goddess Extracts, Paradise CBD, Levor Collection and Exactus.
Hemp is a legal type of cannabis plant containing less than 0.3%
THC (tetrahydrocannabinol), which is the psychoactive component of
the cannabis plant.

Exactus reported a net loss of $4.34 million in 2018 following a
net loss of $3.86 million in 2017.  As of Sept. 30, 2019, the
Company had $11.45 million in total assets, $4.05 million in total
liabilities, and $7.39 million in total equity.

RBSM LLP, in New York, NY, the Company's auditor since 2014, issued
a "going concern" qualification in its report dated March 29, 2019,
citing that the Company has suffered recurring losses from
operations, generated negative cash flows from operating
activities, has an accumulated deficit and has stated that
substantial doubt exists about Company's ability to continue as a
going concern.


F.A. HAUBER: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
The U.S. Trustee, until further notice, will not appoint an
official committee of unsecured creditors in the Chapter 11 case of
F.A. Hauber, M.D. P.A., according to court dockets.
    
                   About F.A. Hauber, M.D. P.A.
  
F.A. Hauber, M.D., P.A., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 20-00608) on Jan. 24,
2020.  At the time of the filing, the Debtor had estimated assets
of between $50,001 and $100,000 and liabilities of between $100,001
and $500,000.  The Debtor is represented by David W. Steen, P.A.


FAIRSTONE FINANCIAL: S&P Puts B+ Long-Term ICR on Watch Developing
------------------------------------------------------------------
S&P Global Ratings said it placed its 'B+' long-term issuer credit
and 'B' senior unsecured debt ratings on Fairstone Financial Inc.
on CreditWatch with developing implications.

The CreditWatch placement follows the announcement by Fairstone
Financial's current shareholders, J.C. Flowers & Co. LLC and Varde
Partners, that they have reached an agreement to sell all
outstanding shares of Fairstone to Duo Bank of Canada (not rated).
The terms of the transaction--which is subject to regulatory
approvals and expected to close in second-quarter 2020--were not
disclosed. The CreditWatch placement reflects the limited
information about the credit profile of Duo Bank and its financial
and strategic plans for Fairstone at this time.

"The CreditWatch reflects the possibility that we could raise,
affirm, or lower our ratings on Fairstone once we have more
visibility and transparency on the creditworthiness of the
consolidated group, Duo Bank's strategy for Fairstone, and our
expectations for group support," S&P said.

S&P said it could lower the ratings if leverage exceeds 6.5x as a
result of the transaction.

"An upgrade would be predicated on our view of the credit profile
of the consolidated group, Duo Bank's strategy for Fairstone, and
our expectations for group support," the rating agency said.


FF FUND I: Seeks Court Approval to Hire KapilaMukamal, Appoint CRO
------------------------------------------------------------------
F5 Business Investment Partners, LLC, an affiliate of FF Fund I
L.P., seeks authority from the U.S. Bankruptcy Court for the
Southern District of Florida to hire KapilaMukamal, LLP and appoint
Soneet Kapila, the firm's founding partner, as chief restructuring
officer.

As CRO, Mr. Kapila will have the combined powers and authority of
the Debtor's sole manager.  The CRO and his firm will provide these
services in connection with the Debtor's Chapter 11 case:  
     
     a. perform a financial review and assessment of the Debtor's
investments and financial information;

     b. assist in the identification of cost reduction and
operations improvement opportunities and implement cost reduction
recommendations;

     c. develop possible restructuring plans or strategic
alternatives to maximize the enterprise value of the Debtor's
investment portfolio; and

     d. advise and assist the Debtors in connection with
communications and negotiations with its creditors, partners and
other parties.

Mr. Kapila will charge $620 per hour for his services as CRO.
KapilaMukamal has agreed to provide additional personnel who will
be paid at hourly rates ranging from $150 to $490.

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

The firm can be reached through:

     Soneet R. Kapila
     KapilaMukamal, LLP
     Kapila Building
     1000 South Federal Highway, Suite 200
     Fort Lauderdale, FL 33316
     Direct: 786-517-5730
     Office: 954-761-1011
     Fax: 954-761-1033

                       About FF Fund I L.P.

FF Fund I L.P., an investment company based in Miami, Fla., filed a
voluntary petition for relief under Chapter 11 of Bankruptcy Code
(Bankr. S.D. Fla. Case No. 19-22744) on Sept. 24, 2019. In the
petition signed by Soneet R. Kapila, chief restructuring officer,
the Debtor estimated $50 million to $100 million in assets and $1
million to $10 million in liabilities.  

On Jan. 24, 2020, F5 Business Investment Partners, LLC, an
affiliate of FF Fund, filed a Chapter 11 petition (Bankr. S.D. Fla.
Case No. 20-10996).  The case is jointly administered with that of
FF Fund.   At the time of the filing, F5 Business had estimated
assets of between $10 million and $50 million and liabilities of
between $1 million and $10 million.  

Judge Laurel M. Isicoff oversees the cases.  Paul J. Battista,
Esq., at Genovese Joblove & Battista, P.A., represents the Debtors
as legal counsel.  


FREEDOM FOODS: Unsecureds Owed $860K to Be Paid $344K Over Time
---------------------------------------------------------------
Debtor Freedom Foods, a Nonprofit Corporation, filed an Amended
Disclosure Statement describing its First Modified Plan of
Reorganization dated February 4, 2020.

The Plan provides for the reorganization of the Debtor's business
and the satisfaction of the claims of all creditors.  

The Debtor has operated with overall positive economic results.  As
of Dec. 31, 2019, the Debtor has accumulated cash in the amount of
$76,880.

Priority unsecured tax claims entitled to priority include the
claims of the United States Internal Revenue Service (IRS) (to the
extent allowed). The IRS has filed a proof of claim showing a
priority tax claim of approximately $12,650. The Debtor believes
that this claim is overstated and intends to object to the
allowance of the IRS proof of claim in the amount stated. The
Debtor believes that this claim will be allowed in the approximate
amount of $7,000.

In any event all priority tax claims will be paid over a four-year
period in equal quarterly distributions of principal and interest
beginning on the last day of the first full calendar quarter
following the Effective Date. Interest shall accrue and be paid at
the rate established by applicable statute which is estimated to be
8% per year. The quarterly distributions are estimated to be $927.
The Debtor shall make any additional payments necessary to assure
that priority unsecured tax claims are paid in full within 60
months of the date of filing of the petition in this case.

Class 2 General Unsecured Claims are estimated to total $860,000.
The aggregate amount of distributions on account of Class 2 claims
will be $344,000 and the amount of quarterly distributions are
estimated to be $17,200.

Industrial Packaging Corporation was listed as a creditor and has
filed a proof of claim in the approximate amount of $43,147 (Proof
of Claim No. 9).  This claim appears to arise out of transactions
with third parties, Summer Splash  Inc, Nicholas Yaksich and Kelly
Jo Yaksich. Mr. Yaksich is the former CEO of the Debtor.  The
amounts claimed due by Industrial packaging are in large measure
due on account of products purchased by Mr. Yaksich and/or Summer
Splash.  The Debtor intends to more fully evaluate this claim and
to determine whether or not to object to Claim No. 9.

The Debtor has prepared projections that demonstrate the Debtor
anticipated income and expenses from his business over the initial
5 years of the Plan.  The projections demonstrate that the Debtor
will generate, on average, $7,000 per month, or $21,000 per quarter
in funds available for debt service. That amount is sufficient to
enable the Debtor to make the payments required under the Plan.

The Debtor has accumulated cash sufficient to pay the initial
settlement payment to the KAH Bankruptcy Estate and the anticipated
administrative priority claims payable on the Effective Date.

A full-text copy of the First Amended Disclosure Statement dated
Feb. 4, 2020, is available at https://tinyurl.com/vhc79ao from
PacerMonitor at no charge.

Attorney for Debtor:

       Joseph  W. Dicker
       JOSEPH W. DICKER, P.A.
       1406 West Lake Street, Suite 209
       Minneapolis, MN 55408
       Telephone: (612) 827-5941
       E-mail: joe@joedickerlaw.com

                      About Freedom Foods

Freedom Foods, which was organized in 2015 to engage in the
distribution of nutrition-rich food products for individuals and
families in need, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Minn. Case No. 19-31112) on April 11,
2019.  At the time of the filing, the Debtor had estimated assets
of less than $50,000 and liabilities of less than $1 million.  The
case has been assigned to Judge Kathleen H. Sanberg. The Debtor
tapped Joseph W. Dicker PA as its legal counsel.


GATEWAY WIRELESS: FCM to Get Full Payment in Plan
-------------------------------------------------
Debtor Gateway Wireless, LLC, filed a Second Amended Disclosure
Statement for the Plan of Reorganization dated Feb. 4, 2020, to,
among other things, designate the secured claim of FC Marketplace
LLC in Class 6.

Class 6 Allowed Secured Claim of FC Marketplace LLC in the amount
of $175,000 will be paid in full pursuant to the terms of the
underlying agreement between the Debtor and FC Marketplace with the
following modifications: (a) the FCM Secured Claim will accrue
interest at a fixed rate of 12% per annum commencing on the
Effective Date; (b) equal monthly payments shall be made based on a
36 month amortization at a fixed interest rate of 12% commencing on
the Effective Date.  The estimated monthly Plan payment to the
Class 6 creditor is $5,812.50.

Class 7 MCA Lenders consist of creditors who extended credit to the
Debtor  pursuant to a merchant credit agreement and have claims
which exceed the value of the Debtor's assets subject to the
claims.  The Debtor will  initiate an adversary proceeding in the
Bankruptcy Court seeking, among  other things, a declaratory
judgment fixing the priority, secured status (if any) and valid
amount of the various MCA Lenders ("Plan Litigation").  The
defendants in the Plan Litigation will include, but not be limited
to, the following:

   a) Credibility Capital;
   b) ADDY Source;
   c) GTR Capital
   d) Arcarius LLC;
   e) Argus Capital Funding;
   f) Queen Funding;
   g) Cardinal Capital;
   h) Merchant Capital;
   i) Green Capital;
   j) WC Fund;
   k) Saturn Capital;
   l) Prime Capital.

The  Debtor will pay each of the Class 7 Claimants their prorated
share  of $1,000,000 based on allowed claims as determined by a
final order  entered in the Plan Litigation.  The distributions to
Class 7 Creditors will be made over seven years in annual payments
beginning one year after entry of a Final Order in the Plan
Litigation.  The Debtor may satisfy its obligations to the Class 7
Claimants, if full, by distributing: (i) a lump  sum of $350,000,
prorated among Class 7 Claimants, on or before one year after entry
of a Final Order in the Plan Litigation; or (ii) a lump sum  of
$500,000; either of which will include prior distributions,
prorated  among Class 6 Claimants, on or before  three years after
entry of a Final  Order in the Plan Litigation.

Class 8 Allowed Unsecured Claims will receive monthly Distributions
that  consist of their pro rata share of $300,000 to be distributed
in the form  of monthly payments for 60 months to commence 60 days
after the Effective Date (the "Class 3 Distributions").
Additionally, each Class 8 Allowed Unsecured Claimant will receive
a lump sum payment of their pro rata  share of 100% of the proceeds
of any causes of action brought by the Debtor as set forth in
Section 9.02 below or such lesser amount that will  pay their Class
8 Allowed Unsecured Claim in full.  Class 8 Distributions  will not
exceed $300,000, plus any recoveries from the Avoidance Actions
(the "Class 8 Distribution Cap").

Since the filing of the case, the Debtor has continued scheduled
debt service to its existing SBA secured lenders and made adequate
protection payments to MCA lenders deemed to be secured.  The
Debtor has closed several marginally profitable locations but
maintained its 90 location threshold.  As a result of the Debtor's
actions and the elimination of the MCA payments, the Debtor’s
operations have returned to profitability.

The Debtor has evaluated its operation in light of certain changes
in the Cricket commission compensation structure.  The Debtor
anticipates selling up to 20 additional locations within the next
12 months.  These reductions will reduce operational and managerial
costs while increasing cash flow and profitability by divesting
more remote locations.

The Plan will be funded with cash on hand, future operating revenue
and potential post-confirmation refinancing.

A full-text copy of the Second Amended Disclosure Statement dated
February 4, 2020, is available at https://tinyurl.com/wmfwx63 from
PacerMonitor at no charge.

Attorneys for the Debtor:

     Spencer P. Desai, Esq.
     Thomas H. Riske, Esq.
     Carmody MacDonald P.C
     120 South Central, Suite 1800
     St. Louis, Missouri 63105
     Tel: (314) 854-8600
     E-mail: spd@carmodymacdonald.com
             hr@carmodymacdonald.com

                      About Gateway Wireless

Gateway Wireless LLC is a privately-held company in Glen Carbon,
Illinois, which operates in the telecommunications industry.   

Gateway Wireless sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ill. Case No. 18-31491) on Oct. 12,
2018.  In the petition signed by Ryan F. Walker, president, the
Debtor was estimated to have assets of $10 million to $50 million
and liabilities of $10 million to $50 million.  Judge Laura K.
Grandy oversees the case.  The Debtor tapped Carmody MacDonald P.C.
as its legal counsel.

No official committee of unsecured creditors has been appointed.


GCX LIMITED: Exclusivity Period Extended to April 13
----------------------------------------------------
Judge Christopher Sontchi of the U.S. Bankruptcy Court for the
District of Delaware extended to April 13 the period during which
GCX Limited and its affiliates have the exclusive right to propose
a Chapter 11 plan of reorganization.

The period during which the companies have the exclusive right to
solicit acceptances for the plan has been extended to June 11.

                    About Global Cloud Xchange

Global Cloud Xchange (GCX), a subsidiary of India-based Reliance
Communications, offers a comprehensive portfolio of solutions
customized for carriers, enterprises and new media companies. GCX
-- http://www.globalcloudxchange.com/-- owns the world's largest
private undersea cable system spanning more than 68,000 route kms
which, seamlessly integrated with Reliance Communications' 200,000
route kms of domestic optic fiber backbone, provides a robust
Global Service Delivery Platform.  With connections to 40 key
business markets worldwide spanning Asia, North America, Europe and
the Middle East, GCX delivers leading edge next generation
Enterprise solutions to more than 160 countries globally across its
Cloud Delivery Network.

GCX Limited and 15 subsidiaries filed Chapter 11 bankruptcy
petitions (Bankr. D. Del. Lead Case No. 19-12031) on Sept. 15,
2019, to seek confirmation of a pre-packaged Plan of
Reorganization.

The Restructuring Support Agreement, and the Plan implementing the
same, contemplates (a) a debt-to-equity recapitalization
transaction, whereby the Senior Secured Noteholders will receive a
pro rata share of (i) 100% of the new equity interests of
reorganized GCX and (ii) second lien term loans in an aggregate
principal amount of $200 million and (b) a simultaneous "go-shop"
process in which the Debtors will solicit bids for the potential
sale of all or a portion of their business pursuant to the Plan.

The Debtors are estimated to have $1 billion to $10 billion in
assets and liabilities, according to the petitions signed by CRO
Michael Katzenstein.

The Hon. Christopher S. Sontchi is the case judge.

The Debtors tapped Paul Hastings LLP as general bankruptcy counsel;
Young Conaway Stargatt & Taylor, LLP as local bankruptcy counsel;
FTI Consulting, Inc. as financial advisor; and Lazard & Co.,
Limited as investment banker.  Prime Clerk LLC is the claims agent.


GENCANNA GLOBAL: U.S. Trustee Forms 7-Member Committee
------------------------------------------------------
The Office of the U.S. Trustee on Feb. 18, 2020, appointed seven
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of GenCanna Global USA, Inc. and its
affiliates.
  
The committee members are:

     (1) Pinnacle, Inc.
         c/o Dennis W. Smith
         P.O. Box 352
         Benton, KY 42025-0352
         (270) 527-1720 Office
         dennis@pinnacleinc.net

     (2) George Christian Petty
         900 Lovelaceville Florence Station Road W
         Paducah, KY 42001
         cpetty@me.com  

     (3) Thompson Construction  
         c/o Timothy Thompson  
         800 Old KY Hwy 801 North
         Morehead, KY 40351
         (606) 356-1912
         hobiethompson@gmail.com  

     (4) Bragg Farming Company
         Dba Bragg Farms
         c/o Dennis Bragg
         1180 Grimwood Rd.
         Toney, AL 35773
         (256) 828-3612
         braggfarms@gmail.com  

     (5) Furnwood Farms, LLC
         c/o Kendall Henson
         600 Ruddles Fort Rd.
         Cynthiana, KY 41031
         (859) 588-1084
         kendall.furnish@yahoo.com
  
     (6) Justin D. Clark
         5470 Old US Highway 45 S
         Paducah, KY 42003
         (270) 210-9485
         justin@ccagsol.com  

     (7) Dean Dorton
         c/o Elizabeth Z. Woodward, Dean Dorton
         250 W. Main St., Suite 1400
         Lexington, KY 40507
         (859) 425-7677
         ewoodward@deandorton.com
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                   About 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 as operational
advisor, Jefferies LLC as financial advisor, and Benesch
Friedlander Coplan & Aronoff LLP, along with Dentons Bingham
Greenebaum LLP, as legal counsel in connection with the Chapter 11
cases.  Epig is the claims agent, maintaining the page
https://dm.epiq11.com/GenCanna


GL BRANDS: Starts Trading on the OTCQB Venture Market
-----------------------------------------------------
GL Brands, Inc., is trading on the thriving OTCQB Venture Market.

The OTCQB Venture Market offers early stage and developing
companies the benefits of being publicly traded in the U.S. with
lower cost and complexity than a U.S. exchange listing. Streamlined
market standards enable growing companies like GL Brands to provide
a strong baseline of transparency to inform and engage U.S.
investors.  It is recognized by the SEC as an established public
market.

CEO Carlos Frias comments: "Qualifying for the OTCQB is a benchmark
event, pairing increased transparency with increased access to
opportunities and partnerships in line with our vision for
explosive growth in the rapidly expanding cannabis industry."

                         About GL Brands

Headquartered in Las Vegas, NV, GL Brands (formerly Freedom Leaf)
-- https://www.glbrands.com -- is a multinational hemp consumer
packaged goods company that creates authentic, enduring and
culturally relevant brands engaged in the development and sale of
cannabis-derived wellness products.  Through its premier brands
Green Lotus and Irie CBD, GL Brands delivers a full portfolio of
hemp-derived CBD products, including tinctures, soft gels, gummies,
sparkling beverages, vapes, flower and topical segments to promote
greater wellness and balance, in the U.S. and throughout the
world.

Freedom Leaf reported a net loss attributable to common
stockholders of $12.73 million for the year ended June 30, 2019,
compared to a net loss attributable to common stockholders of $4.63
million for the year ended June 30, 2018.

As of Sept. 30, 2019, the Company had $19.46 million in total
assets, $13.43 million in total liabilities, and $6.02 million in
total stockholders' equity.

Sadler, Gibb & Associates, LLC, in Salt Lake City, UT, the
Company's auditor since 2018, issued a "going concern"
qualification in its report dated Nov. 14, 2019, citing that the
Company has suffered recurring losses from operations and has a net
capital deficiency that raise substantial doubt about its ability
to continue as a going concern.


GRANITE TRUCKING: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Granite Trucking, Inc.
        7320 W. Ranch Road 1431
        Marble Falls TX 78654

Business Description: Granite Trucking, Inc. is a privately held
                      company in the general freight trucking
                      business.

Chapter 11 Petition Date: February 21, 2020

Court: United States Bankruptcy Court
       Southern District of Texas

Case No.: 20-31175

Judge: Hon. Jeffrey P. Norman

Debtor's Counsel: Russell Van Beustring, Esq.
                  THE LANE LAW FIRM, PLLC
                  6200 Savoy Dr., Suite 1150
                  Houston, TX 77036-3300
                  Tel: (713) 595-8200

Total Assets: $1,344,649

Total Liabilities: $2,932,410

The petition was signed by Daniel Champeau, president.

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/Gyffbz


GROW CAPITAL: Incurs $381K Net Loss in Second Quarter
-----------------------------------------------------
Grow Capital, Inc., filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q reporting a net loss
of $380,766 on $723,062 of total revenues for the three months
ended Dec. 31, 2019, compared to a net loss of $206,958 on $79,527
of total revenues for the three months ended Dec. 31, 2018.

For the six months ended Dec. 31, 2019, the Company reported a net
loss of $629,659 on $1.23 million of total revenues compared to a
net loss of $472,403 on $79,527 of total revenues for the same
period in 2018.

As of Dec. 31, 2019, the Company had $2.57 million in total assets,
$1.62 million in total liabilities, and $943,879 in total
stockholders' equity.

Working capital totaled approximately $159,000 (after removing
prepaid stock-based compensation) with approximately $108,000 of
cash on hand.  During the three- and six-month periods ended Dec.
31, 2018, the Company reported a net loss of $196,492 and $461,937,
respectively.  The Company believes that as of Dec. 31, 2019 its
existing capital resources are not adequate to enable it to fully
execute its business plan, including the acquisition of additional
operations complementary to its recently acquired subsidiary,
Bombshell Technologies.  While the Company's subsidiary provided
approximately $600,000 in gross profit to offset operational
overhead in the period, revenues are presently not sufficient to
meet the Company's ongoing expenditures.  The Company is actively
working to increase the customer base and gross profit in Bombshell
Technologies in order to achieve net profitability by the close of
fiscal 2020.  These growth plans include the acquisition of several
new customers, an increase to users currently subscribed to our
software, as well as increased sales of customization services to
new and existing customers. The Company intends to rely on sales of
its unregistered common stock, loans and advances from related
parties to meet operational shortfalls until such time as the
Company achieves profitable operations.  The Company said that if
it fails to generate positive cash flow or obtain additional
financing, when required, the Company may have to modify, delay, or
abandon some or all of its business and expansion plans, and
potentially cease operations altogether.  Consequently, the
aforementioned items raise substantial doubt about the Company's
ability to continue as a going concern within one year after the
date that the financial statements are issued.

A full-text copy of the Form 10-Q is available for free at the
SEC's website at:

                      https://is.gd/LViOpM

                        About Grow Capital

Grow Capital (f/k/a Grown Condos, Inc.) --
http://www.growcapitalinc.com/-- operates as a call center and
expanded its business plan to include the development of a social
networking site called JabberMonkey (Jabbermonkey.com) and the
development of a location based social networking application for
smart phones called Fanatic Fans.

Grow Capital reported a net loss of $2.40 million for the fiscal
year ended June 30, 2019, compared to a net loss of $2.48 million
for the fiscal year ended June 30, 2018.

L J Soldinger Associates, LLC, in Deer Park, Illinois, the
Company's auditor since 2017, issued a "going concern"
qualification in its report dated Oct. 15, 2019, citing that the
Company's significant operating losses raise substantial doubt
about its ability to continue as a going concern.


HAJJAR BUSINESS: March 4 Meeting Set to Form Creditors' Panel
-------------------------------------------------------------
Andrew R. Vara, United States Trustee for for Region 3, will hold
an organizational meeting on March 4, 2020, at 11:00 a.m. in the
bankruptcy cases of Hajjar Business Holdings, LLC, et al.

The meeting will be held at:

         United States Trustee's Office
         One Newark Center, 1085 Raymond Blvd.
         21st Floor, Room 2106
         Newark, NJ 07102

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

      About Hajjar Business Holdings

Hajjar Business Holdings, LLC and 12 of its affiliates sought
protection under Chapter
11 of the Bankruptcy Code (Bankr. D. N.J., Case No. 20-12465) on
Feb. 13, 2020.  At the time of the filing, Hajjar Business Holdings
estimated assets of between $100,000 to $500,000 and liabilities of
between $50 million to $100 million.  

Judge John K. Sherwood presides over the Debtors' cases.

Anthony Sodono, III, Esq. and Sari B. Placona, Esq. of McManimon,
Scotland & Baumann, LLC serve as counsel to the Debtors.


HANKEY O'ROUKE: Has OK to Use Cash Collateral Thru Apr. 9
---------------------------------------------------------
According to Court dockets, the Bankruptcy Court authorized Hankey
O'Rourke Enterprises LLC to use cash collateral under the same
terms and conditions through April 9, 2020, on which date, at 12
p.m., the Court will continue hearing on the motion.

The Court directed the Debtor to file a plan, disclosure statement
and the motion to approve the disclosure statement on or before
March 13, 2020.

A copy of the proceeding memorandum is available free of charge at
https://is.gd/5NytkD from PacerMonitor.com.

                      About Hankey O'Rourke  

Hankey O'Rourke Enterprises LLC, a privately held company in Great
Barrington, Mass., filed a voluntary petition under Chapter 11 of
the Bankruptcy Code (Bankr. D. Mass. Case No. 19-30500) on June 21,
2019.  In the petition signed by Juanita O'Rourke, manager, the
Debtor estimated $1 million to $10 million in both assets and
liabilities.  The case is assigned to Judge Elizabeth D. Katz.
Shatz, Schwartz & Fentin, P.C., is the Debtor's counsel.


HARTSHORNE HOLDINGS: Case Summary & 30 Largest Unsecured Creditors
------------------------------------------------------------------
Lead Debtor: Hartshorne Holdings, LLC
             73 Whobry Road
             Rumsey, KY 42371

Business Description: The Debtors are engaged in the production
                      and sale of thermal coal through the
                      operation of the Poplar Grove Mine, which is
                      part of the Buck Creek Complex located
                      in the Illinois Coal Basin in Western
                      Kentucky.  The Buck Creek Complex includes
                      two mines - (i) the operating Poplar Grove
                      Mine, and (ii) the permitted, but not
                      constructed, Cypress Mine.

Chapter 11 Petition Date: February 20, 2020

Court: United States Bankruptcy Court
       Western District of Kentucky

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

     Debtor                                        Case No.
     ------                                        --------
     Hartshorne Holdings, LLC (Lead Case)          20-40133
     Hartshorne Mining Group, LLC                  20-40134
     Hartshorne Mining, LLC                        20-40135
     Hartshorne Land, LLC                          20-40136

Judge: Hon. Thomas H. Fulton

Debtors'
Primary
Bankruptcy &
Restructuring
Counsel:              Stephen D. Lerner, Esq.
                      Norman Kinel, Esq.
                      Nava Hazan, Esq.
                      Travis A. McRoberts, Esq.
                      SQUIRE PATTON BOGGS (US) LLP
                      201 E. Fourth St., Suite 1900
                      Cincinnati, Ohio 45202
                      Tel: 513.361.1200
                      Fax: 513.361.1201
                      Email: stephen.lerner@squirepb.com
                             norman.kinel@squiepb.com
                             nava.hazan@squirepb.com
                             travis.mcroberts@squirepb.com

Debtors'
Local
Bankruptcy &
Restructuring
Counsel:              Edward M. King, Esq.
                      Bryan J. Sisto, Esq.
                      FROST BROWN TODD LLC
                      400 West Market Street, Suite 3200
                      Louisville, Kentucky 40202
                      Tel: 502.589.5400
                      Fax: 502.581.1087
                      Email: tking@fbtlaw.com
                             bsisto@fbtlaw.com


Debtors'
Financial
Advisor:              FTI CONSULTING, INC.

Debtors'
Claims,
Noticing,
Solicitation,
Balloting/
Tabulation
Agent:                BANKRUPTCY MANAGEMENT SOLUTIONS, INC.
                      D/B/A STRETTO
                      https://cases.stretto.com/hartshorne

Hartshorne Holdings'
Estimated Assets: $50 million to $100 million

Hartshorne Holdings'
Estimated Liabilities: $50 million to $100 million

Hartshorne Mining Group's
Estimated Assets: $0 to $50,000

Hartshorne Mining Group's
Estimated Liabilities: $50 million to $100 million

Hartshorne Mining, LLC's
Estimated Assets: $50 million to $100 million

Hartshorne Mining, LLC's
Estimated Liabilities: $50 million to $100 million

Hartshorne Land's
Estimated Assets: $1 million to $10 million

Hartshorne Land's
Estimated Liabilities: $50 million to $100 million

The petitions were signed by David Gay, president.

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

                      https://is.gd/iJXo3E
                      https://is.gd/wkJH0q
                      https://is.gd/GCWb2V
                      https://is.gd/Tojubv

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Fricke Management &                 Trade              $695,628
Contracting, Inc.
Attn: Legal Dept
PO Box 1556
Murphysboro, IL 62966
Email: info@frickemanagement.com

2. Minova USA, Inc.                    Trade              $508,239
Attn: Legal Dept
150 Summer Court
Georgetown, KY 40324
Email: enquiries@minovaglobal.com

3. Envision Contractors, LLC           Trade              $506,545
Attn: Legal Dept
2960 Fairview Drive
Owensboro, KY 42303

4. Home Oil & Gas Company, Inc.        Trade              $184,594
Attn: Legal Dept
300 Atkinson Street
Henderson, KY 42420
Email: info@homeoilinc.com

5. Joy Global Underground Mining LLC   Trade              $177,791
Attn: Legal Dept
PO Box 504794
St. Louis, MO 63150-4794

6. Carroll Engineering Co              Trade              $142,623
Attn: Legal Dept
PO Box 741245
Atlanta, GA 30384-1245

7. United Central                      Trade              $136,448
Attn: Henry Looney
PO Box 743849
Atlanta, GA 30374-3849
Email: henry.looney@unitedcentral.net

8. Mine and Mill Supply Company, LLC   Trade              $128,848
Attn: Legal Dept
PO Box 189
Dawson Springs, KY 42408
Email: BCEady@minemill.com

9. Kenergy Corporation                 Trade              $119,685
PO Box 18
Henderson, KY 42419

10. Nalco Company LLC                  Trade              $115,303
Attn: Tom Haffner
PO Box 70716
Chicago, IL 60673-0716
Email: tkhaffner@nalco.com

11. Trey K Mining & Electric, Inc.     Trade              $114,124
Attn: Legal Dept
PO Box 235
Kimper, KY 41539

12. Special Mine Services, Inc.        Trade              $105,520
Attn: Legal Dept
PO Box 188
West Frankfort, IL 62896
Email: smsconnectors@aol.com

13. Royal Brass & Hose                 Trade              $105,146
Attn: Van Kinslow, Matt Pahde
PO Box 51468
Knoxville, TN 37950
Email: van.kinslow@royalbrassandhose.com
       matt.pahde@royalbrassandhose.com

14. Custom Staffing Services           Trade               $95,218
Attn: Legal Dept
1820 N Green River Road
Evansville, IN 47715

15. Strata Safety Products LLC         Trade               $91,886
Attn: Legal Dept
PO Box 930228
Atlanta, GA 31193-0228

16. Woodruff Supply Co. Inc.           Trade               $91,475
Attn: Legal Dept
PO Box 426
Madisonville, KY 42431
Email: ddugger@woodruffsupply.biz

17. Wallace Electrical Systems, LLC    Trade               $89,932
Attn: Legal Dept
2853 Ken Gray Blvd, Suite 4
West Frankfort, IL 62896

18. American River Transportation Co.  Trade               $79,023
(ARTCO)
Attn: Legal Dept
PO Box 92572
Chicago, IL 60675-2572

19. West River Conveyors &             Trade               $77,838
Machinery Co.
Attn: Legal Dept
8936 Dismal River Road
Oakwood, VA 42631

20. H&G Limestone Products LLC         Trade               $77,350
Attn: Legal Dept
639 IL Route 146 East
Elizabethtown, IL 62931

21. Deloitte & Touche LLP              Trade               $74,658
Attn: Dan Berner
PO Box 844708
Dallas, TX 75284-4708
Email: dberner@deloitte.com

22. Southern Pride Drilling, LLC       Trade               $70,234
Attn: Legal Dept
PO Box 18266
Evansville, IN 47719

23. Cherokee Resources, Inc.           Trade               $58,005
dba Star Services
PO Box 783
Skelton, WV 25919

24. Dapco, Inc.                        Trade               $51,513
Attn: Legal Dept
11500 Nebo Road
Nebo, KY 42441
Email: dkey@hughes.net

25. CE Martin Heirs                    Trade               $50,000
Attn: Legal Dept
PO Box 506
Greenville, KY 42345

26. Kentucky Rivers                    Trade               $49,798
Wood Products, LLC
Attn: Legal Dept
760 Fergusontown Rd.
Dawson Springs, KY 42408

27. Nasdaq Stock Market LLC            Trade               $43,000
Attn: Legal Dept
PO Box 780700
Philadelphia, PA 19178-0700

28. Purvis Industries                  Trade               $42,696
(The Mine Supply)
Attn: Legal Dept
10500 Stemmons Freeway
Dallas, TX 75220

29. James C Bickett                  Royalties             $42,344
Bickett Agri Center
10391 State Route 175 N.
Central City KY 42330

30. Richwood Industries, Inc.          Trade               $39,633
707 7th Street West
Huntington WV 25704
United States


ILLINOIS VALLEY: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
The Office of the U.S. Trustee on Feb. 19, 2020, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Illinois Valley Golf
Association.
  
              About Illinois Valley Golf Association

Illinois Valley Golf Association, Corp. --
http://www.ivgolfclub.com-- owns and operates the Illinois Valley
Golf Club, a semi-private golf course that opened in 1977. The I.V
Golf Club measures 3049 yards from the longest tees. The course
features two sets of tees for different skill levels.

Illinois Valley Golf Association, Corp., based in Cave Junction,
Ore., filed a Chapter 11 petition (Bankr. D. Or. Case No. 20-60152)
on January 23, 2020.  In its petition, the Debtor estimated
$1,047,400 in assets and $369,152 in liabilities. The petition was
signed by Jason Gill, president.

The Hon. Thomas M. Renn presides over the case. Rodolfo A. Camacho,
Esq., at Law Office of Camacho & Knutson, serves as the Debtor's
bankruptcy counsel.


J-H-J INC: Seeks to Hire Planche Politz as Accountant
-----------------------------------------------------
J-H-J, Inc., and its affiliates received approval from the U.S.
Bankruptcy Court for the Western District of Louisiana to hire
Planche Politz Ledet, LLC as their accountant.

The firm will assist in the preparation of the Debtors' annual tax
returns and Louisiana personal property tax reports.

Planche Politz's hourly rates are:

     Randy Ledet       $315
     Dwayne Hunter     $275
     Phillip Huynh     $170
     Terri Desadier    $85

Planche Politz neither represents nor holds an interest adverse to
the Debtors' estate.

The firm can be reached at:

     Randy Ledet, CPA
     Planche Politz Ledet LLC
     18212 East Petroleum Drive, Suite 1B
     Baton Rouge, LA 70809
     Phone: (225) 291-4141

                          About J-H-J Inc.

J-H-J, Inc. is the lead debtor in the jointly administered cases
with eight debtor affiliates (Bankr. W.D. La. Lead Case No.
19-51367) filed on November 15, 2019 in Lafayette, La.   

JHJ, a Louisiana corporation, was formed in 1984 for the purpose of
owning and operating retail grocery stores in the Baton Rouge
metropolitan area.  Currently, JHJ owns and operates two such
stores.  Beginning in 1998, the remaining Debtors were formed by
certain shareholders of JHJ for purposes of operating retail
grocery stores in various locations in southern Louisiana.
Collectively, the Debtors currently own and operate 12 grocery
stores under the names Piggly Wiggly or Shoppers Value.  All
general administrative duties for the Debtors are handled by JHJ.

The Debtor affiliates are: (i) Lafayette Piggly Wiggly, LLC; (ii)
T.H.G. Enterprises, LLC; (iii) SVFoods Old Hammond, LLC; (iv)
SVFoods Jefferson, LLC; (v) T&S Markets, LLC; (vi) TSD Markets,
LLC; (vii) Baker Piggly Wiggly, LLC; and (viii) BR Pig, LLC.  

As of the petition date, J-H-J is estimated with both assets and
liabilities at $10 million to $50 million. The petition was signed
by Garnett C. Jones, Jr., president.  Judge John W. Kolwe is
assigned the cases.  The Steffes Firm, LLC serves as counsel to the
Debtors.


JAMES M THOMPSON: Exclusivity Period Extended to March 15
---------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida
extended to March 15 the exclusivity period for James M. Thompson
Enterprises, Inc., and its affiliates to file a Chapter 11 plan and
disclosure statement.

The brief extension is necessary to not only complete the plan and
disclosure statement but more importantly resolve the motions to
approve insider compensation filed by James M. Thompson Two, LLC
and  James M. Thompson Three, LLC so insiders will have closure on
their future employment with the companies.  Absent a final order
on the motions, the companies cannot draft a confirmable plan
without resorting to speculation concerning the future of their
operations, according to court filings.

                      About James M. Thompson

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

On Oct. 1, 2019, JMTE and five affiliates filed Chapter 11
bankruptcy petitions (Bankr. M.D. Fla. Lead Case No. 19-09351) in
Fort Myers, Florida, with JMTE's case as the lead case.  At the
time of the filing, JMTE was estimated to have assets of not more
than $50,000 and liabilities of between $500,000 and $1 million.  

The affiliates are James M. Thompson One, LLC (Case No. 19-09353);
James M. Thompson Two, LLC (Case No. 19-09354); James M. Thompson
Three, LLC (Case No. 19-09355); James M. Thompson Four, LLC (Case
No. 19-09357); and James M. Thompson Cape Coral, LLC (Case No.
19-09358).

Dal Lago Law is the Debtors' legal counsel.


KP ENGINEERING: Exclusivity Period Extended to Feb. 28
------------------------------------------------------
Judge David Jones of the U.S. Bankruptcy Court for the Southern
District of Texas extended the exclusive period during which KP
Engineering, LP and KP Engineering, LLC have the exclusive right to
file and to obtain acceptances of a plan of reorganization to Feb.
28 and April 28, respectively.

The companies said they need additional time to draft a plan term
sheet to be used as basis for negotiating with creditors.

Judge Jones also granted the official committee of unsecured
creditors standing to bring claims held by the companies against
insiders.

                       About KP Engineering

KP Engineering, LP and KP Engineering, LLC -- https://www.kpe.com
-- are primarily engaged in the business of designing and executing
customized engineering, procurement, and construction projects for
the refining, midstream, and chemical industries. As an EPC
contractor, the companies generally enter into agreements with
owners pursuant to which they will design a facility, procure the
needed equipment and materials, and supervise construction of the
facility.  

KP Engineering, LP and KP Engineering, LLC sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Texas Case No.
19-34698) on Aug. 22, 2019.

At the time of the filing, KP Engineering had estimated assets of
between $10 million and $50 million and liabilities of between $50
million and $100 million.  

Judge David R. Jones oversees the cases.

KP Engineering tapped Hunton Andrews Kurth LLP and Okin Adams LLC
as legal counsel; Claro Group LLC as restructuring advisor; and
Omni Management Group, Inc. as claims and noticing agent.

The Office of the U.S. Trustee appointed a committee of unsecured
creditors on Sept. 6, 2019.  The committee tapped Foley Gardere,
Foley & Lardner LLP as its legal counsel, and Alvarez & Marsal
North America, LLC as its financial advisor.


LAMPKINS PATTERSON: Feb. 27 Plan & Disclosure Extension Hearing Set
-------------------------------------------------------------------
Feb. 27, 2020, at 2:30 P.M., in Courtroom 4D, United States
Courthouse, 300 North Hogan Street, 4th Floor, in Jacksonville,
Florida 32202 is the preliminary hearing to consider the motion to
extend the time to file Disclosure Statement and Plan of
Reorganization filed by debtor Lampkins Patterson, Inc.

A full-text copy of the motion dated February 4, 2020, is available
at https://tinyurl.com/v3owrg9 from PacerMonitor at no charge.

The Debtor is represented by:

     REHAN N. KHAWAJA, ESQUIRE
     Bankruptcy Law Offices of Rehan N. Khawaja
     817 North Main Street
     Jacksonville, Florida 32202
     Telephone:(904)355-8055
     Facsimile:(904)355-8058
     E-mail: khawaja@fla-bankruptcy.com

                    About Lampkins Patterson

Lampkins Patterson Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 19-03776) on Oct. 4,
2019.  At the time of the filing, the Debtor was estimated to have
assets of between $500,001 and $1 million and liabilities of the
same range.  The case is assigned to Judge Jerry A. Funk.  The
Debtor tapped Rehan N. Khawaja, Esq., at the Law Offices of Rehan
N. Khawaja, as its legal counsel.


LAPLACE VETERINARY: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: LaPlace Veterinary Clinic, LLC   
        2921 New Highway 51
        La Place, LA 70068

Business Description: LaPlace Veterinary Clinic, LLC --
                      https://www.laplacevet.com -- is a full
                      service animal hospital offering emergency
                      treatments as well as routine medical,
                      surgical, and dental care.  The veterinary
                      clinic and animal hospital is run by Dr. Kia
                      Gray Martin, who is a licensed, experienced
                      Laplace veterinarian.

Chapter 11 Petition Date: February 20, 2020

Court: United States Bankruptcy Court
       Eastern District of Louisiana

Case No.: 20-10396

Judge: Hon. Meredith S. Grabill

Debtor's Counsel: Leo D. Congeni, Esq.
                  CONGENI LAW FIRM, LLC
                  650 Poydras St., Ste. 2750
                  New Orleans, LA 70130
                  Tel: (504) 522-4848
                  E-mail: leo@congenilawfirm.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Kia Martin, 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/E62Hys


LEGACY JH762: March 10 Disclosure Hearing Set
---------------------------------------------
On Jan. 23, 2020, at 1:30 p.m., the U.S. Bankruptcy Court for the
Southern District of Florida convened a hearing to consider a
Disclosure Statement and Plan filed by Debtor Legacy JH762, LLC. On
February 3, 2020, Judge Mindy A. Mora ordered that:

  * March 10, 2020, at 1:30 p.m., in the United States Bankruptcy
Court Flagler Waterview Building, 1515 North Flagler Drive, 8th
Floor, Courtroom A, West Palm Beach, FL 33401, is the hearing to
consider approval of the disclosure statement.

  * Feb. 14, 2020, is the deadline for service of order for
disclosure statement and plan.

  * Feb. 28, 2020, is the last day for filing and serving
objections to the disclosure statement.

A full-text copy of the order dated Feb. 3, 2020, is available at
https://tinyurl.com/s23ech2 from PacerMonitor at no charge.

                    About Legacy JH762 LLC

Legacy JH762, LLC owns three real properties in Pinehurst, N.C. and
Jupiter, Fla., having a total comparable sale value of $5.1
million.

Legacy JH762 filed a voluntary petition under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 19-16308) on May 23,
2019. In the petition signed by James W. Hall, managing member, the
Debtor was estimated to have $5,100,100 in assets and $3,456,044 in
liabilities.  David L. Merrill, Esq., at The Associates, is the
Debtor's counsel.


LINDER ENTERPRISES: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Linder Enterprises, Inc.
          DBA Image Sport
          DBA Shirt out of Luck
        1115 SE Westbrook Drive
        Waukee, IA 50263

Business Description: Linder Enterprises, Inc. is a manufacturer
                      of sports T-shirt and apparel.  The Company
                      designs, manufactures, and sells sports
                      clothing and accessories across the
                      U.S.  Image Sport specializes in T-shirts,
                      sweatshirts, shorts, and novelties for
                      swimming, volleyball, wrestling, softball,
                      soccer, cheerleading, and rugby to name a
                      few.  Visit www.imagesport.com;
                      www.solmerch.com for more information.

Chapter 11 Petition Date: February 21, 2020

Court: United States Bankruptcy Court
       Southern District of Iowa

Case No.: 20-00319

Judge: Hon. Anita L. Shodeen

Debtor's Counsel: Jeffrey D. Goetz, Esq.
                  BRADSHAW, FOWLER, PROCTOR & FAIRGRAVE PC
                  801 Grand Avenue, Suite 3700
                  Des Moines, IA 50309-8004
                  Tel: 515-246-5817
                  E-mail: goetz.jeffrey@bradshawlaw.com

Total Assets: $286,891

Total Liabilities: $1,190,944

The petition was signed by Jon D. Linder, owner/president.

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/Iv8CAA


LSC COMMUNICATIONS: Board OKs Grants of Cash Awards Under Plans
---------------------------------------------------------------
The Human Resources Committee of the Board of Directors of LSC
Communications, Inc. determined to grant (i) performance-based cash
awards under the Company's Amended and Restated 2016 Performance
Incentive Plan, as amended and (ii) time-based cash awards under
the 2016 Performance Incentive Plan, in each case, to certain of
the Company's executive officers and employees.  The Committee
further approved the form of award agreement to be used to grant
the Performance-Vested Awards, including the relevant performance
metrics for the Company's 2020 fiscal year and the form of award
agreement to be used to grant the Time-Vested Awards under the 2016
Performance Incentive Plan.

                    About LSC Communications

Headquartered in Chicago, Illinois, LSC Communications --
http://www.lsccom.com/-- offers a broad scope of traditional and
digital
print, print-related services and office products serving the needs
of publishers, merchandisers and retailers around the world.  

LSC Communications reported a net loss of $23 million for the year
ended Dec. 31, 2018, compared to a net loss of $57 million for the
year ended Dec. 31, 2017.  As of Sept. 30, 2019, the Company had
$1.79 billion in total assets, $1.64 billion in total liabilities,
and $152 million in total equity.

                           *   *   *

As reported by the TCR on July 30, 2019, S&P Global Ratings removed
its ratings on LSC Communications Inc. (LSC) from CreditWatch and
lowered the issuer credit rating to 'CCC+' from 'B'.  S&P said,
"The downgrade and negative outlook reflect our view that LSC will
maintain elevated leverage in the high-4x area, generate only $20
million to $35 million of reported free operating cash flow in 2019
and in 2020, and will likely need to draw on its revolver to fund
its mandatory debt amortization payments and operations.  While we
do not anticipate a payment default in the next 12 months, we
believe the company's cash constraints in the secularly declining
commercial printing industry makes it overly dependent on favorable
economic conditions, business prospects, and financial market
access to refinance its debt maturities in 2021, 2022, and 2023,
and to service its debt obligations.  We expect LSC will continue
to experience steep revenue declines and a challenging operating
environment in its key long-run print products.  We believe the
company has delayed key cost savings initiatives in anticipation of
its proposed acquisition by Quad and now must accelerate those
restructuring activities at the expense of cash flow.


M3LIVE BAR: Trustee Seeks to Hire Ringstad & Sanders as Counsel
---------------------------------------------------------------
Karen Sue Naylor, the Chapter 11 trustee for M3Live Bar & Grill,
Inc., seeks authority from the U.S. Bankruptcy Court for the
Central District of California to hire Ringstad & Sanders LLP as
her legal counsel.

Ringstad will render these services in connection with the Debtor's
Chapter 11 case:  

      1. provide general legal advice on matters relating to the
administration of the case, including obtaining orders compelling
Debtor to comply with its duties under Section 521 of the
Bankruptcy Code;

      2. undertake legal analysis and prepare legal documents
including motions to approve sales of the Debtor's property;

      3. commence actions, wherever and whenever appropriate, and
to provide legal advice regarding the marshalling and protection of
the assets of the Debtor for the benefit of creditors;

      4. investigate and prosecute preference, turnover or
fraudulent conveyance actions, which may exist for the benefit of
creditors; and

      5. object to claims, if any, after review by the trustee.

The firm's hourly rates are:

     Todd Ringstad                $695
     Nanette Sanders              $695
     William Burd                 $695
     Karen Sue Naylor             $595
     Christopher Minier           $550
     R. Chase Donahoo             $350
     Becky Metzner (Paralegal)    $195
     Jaimee Zayicek (Paralegal)   $120

Nanette Sanders, Esq., at Ringstad, 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:

     Todd C. Ringstad, Esq.
     Nanette D. Sanders, Esq.
     R Chase Donahoo, Esq.
     Ringstad & Sanders LLP
     4343 Von Karman Avenue, Suite 300
     Newport Beach, CA 92660
     Tel: 949-851-7450
     Fax: 949-851-6926
     Email: todd@ringstadlaw.com
            nanette@ringstadlaw.com
            chase@ringstadlaw.com

                      About M3Live Bar & Grill

M3Live Bar & Grill, Inc. operates a performance and event center in
Anaheim, Calif.  Its grand ballroom has a capacity of 100 to 700
guests.  Visit http://www.m3live.netfor more information.

M3Live Bar & Grill filed a voluntary Chapter 11 petition (Bankr.
C.D. Cal. Case No. 19-10814) on March 7, 2019. The petition was
signed by Musa Madain, president.  At the time of filing, the
Debtor estimated $1 million to $10 million in both assets and
liabilities.  Judge Theodor Albert oversees the case.

Robert P. Goe, Esq., at Goe & Forsythe, LLP, is the Debtor's legal
counsel.

Karen Sue Naylor was appointed as the Debtor's Chapter 11 trustee.
The trustee is represented by Ringstad & Sanders, LLP.


MATTAMY GROUP: Moody's Assigns B1 Rating to New $500MM Unsec. Notes
-------------------------------------------------------------------
Moody's Investors Service assigned B1 ratings to Mattamy Group
Corporation's proposed senior unsecured $500 million notes due 2030
and C$225 million ($169 million equiv.) notes due 2028. Mattamy's
Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating
and other senior unsecured notes ratings remain unchanged. The
outlook remains stable.

Proceeds from the proposed issuances will be used to refinance
Mattamy's existing senior unsecured $500 million notes and C$225
million ($169 million equiv.) notes, both due 2025. The leverage
neutral transaction significantly enhances the company's maturity
profile, with its next significant debt maturity (after the
revolving credit facilities due 2021) not until 2027 when its $500
million 5.250% notes are due. Moody's adjusted debt to
capitalization stood at 52% for the quarter ended November 2019.

Assignments:

Issuer: Mattamy Group Corporation

Senior Unsecured Regular Bond/Debenture, Assigned B1 (LGD4)

RATINGS RATIONALE

Mattamy's Ba3 CFR reflects the company's considerable scale and
market leadership position in Canada, as well as its growing
presence in the US. Mattamy's gross operating margins have steadily
improved, particularly in the US, and currently exceed the industry
average of 20%. The rating also considers the advantages that the
Canadian homebuilding market enjoys, which are not generally
present in the US, as well as the large, low cost land position
within the "green belt" around Toronto. These factors are
counterbalanced by the lengthier entitlement process in Canada
versus the US, which mandates building and maintaining a larger
land bank in Canada. Furthermore, due to the limited growth
opportunities in Canada, Mattamy is forced to expand in the US in
what is currently a more challenging growth environment due to
affordability concerns.

The stable rating outlook reflects its expectation that Mattamy
will continue to sustain healthy profitability, margins and cash
flow by harvesting its attractive land holdings in the Greater
Toronto Area (GTA) and its diverse US holdings. Moody's also
expects the company to maintain adjusted debt to capitalization
below 50%.

Mattamy has adequate liquidity. Pro-forma for the transaction and
the placement of new revolving credit facilities in December 2019,
sources as of November 2019 totaled about $700 million compared to
uses of close to $360 million over the next twelve months. Sources
consist of about $210 million in cash on hand and $490 million in
availability under the company's $1.6 billion revolving credit
facilities (due December 2021) after letters of credit. Uses are
comprised of Moody's estimate of negative free cash flow of close
to $300 million and $59 million in payments related primarily to
project-specific financings. Mattamy has sufficient headroom under
financial covenants in its credit agreements, which include debt to
capitalization, interest coverage and minimum net worth. The
proposed issuance will align to a set of weaker covenants
permitting restricted payments so long as the pro forma debt to
capitalization ratio does not exceed 50%, compared to 40% on the
existing notes to be refinanced. Distributions are currently capped
at 50% of net income.

Governance considerations for Mattamy include its ownership by a
single shareholder, the Gilgan family. The company has a dividend
policy that allows shareholder distributions of up to 50% of net
income. While the company has a five-member board of directors,
four of which are independent, Moody's considers the board to be
more advisory in nature given that all shareholder votes remain
with the family.

The B1 rating assigned to Mattamy's senior unsecured notes, one
notch below the Ba3 CFR, reflects the notes' junior position
relative to the secured debt in Mattamy's capital structure.

Mattamy's ratings could be upgraded if the company increases its
scale while improving profitability while both total and U.S. gross
margins are sustained at or above 20%. Further, total adjusted
homebuilding debt to book capitalization would be expected to be
sustained at or below 45% throughout the year and EBIT interest
coverage sustained above 5.0x. An upgrade would also require
maintenance of a good liquidity profile.

The ratings could be downgraded if gross margins, both on a total
basis and in the U.S., compress well below 20%, EBIT interest
coverage remains below 3.0x and homebuilding debt leverage is
maintained at or above 55%. Any material weakening of liquidity
could also result in a downgrade.

The principal methodology used in these ratings was Homebuilding
And Property Development Industry published in January 2018.

Established in 1978, headquartered in Toronto, Ontario, Canada, and
owned 100% by the Gilgan family, Mattamy Group Corporation
constructs single-family homes and high-rise buildings and has a
presence in two provinces in Canada and four states in the US. In
the last twelve months ended November 30 2019, the company
generated C$4.1 billion in revenue.


MOTIF DIAMOND: May Use Cash Collateral Thru Plan Confirmation Date
------------------------------------------------------------------
Judge Phillip J. Shefferly authorized Motif Diamond Designs, Inc.,
to use cash collateral in the amount of $225,000 plus $4,875 for US
Trustee fees in the ordinary course of business through the
confirmation of a plan in the Debtor’s case.

In exchange for the authority to use cash collateral, the Debtor
shall remit monthly payments of $600 to PNC until entry of a plan
confirmation order or conversion or dismissal of the Debtor's
bankruptcy case, or other further Court order.

PNC is granted replacement liens in the same amount, priority and
extent as it had pre-petition, effective as of the Petition Date,
upon all of the Debtor's property, including the pre-petition
collateral, and all replacements and proceeds of the pre-petition
collateral, but excluding Chapter 5 causes of action under the
Bankruptcy Code, to the extent of the lender's pre-petition secured
claims.  As of the Petition Date, the Debtor owes PNC Bank a total
of $150,651.67 under the pre-petition obligations.

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

                   About Motif Diamond Designs

Motif Diamond Designs, Inc., based in Taylor, MI, filed a Chapter
11 petition (Bankr. Ed. Mich. Case No. 20-40285) on Jan. 8, 2020.
In the petition signed by Toros Chopjian, vice president, the
Debtor was estimated to have up to $50,000 in assets and $1 million
to $10 million in liabilities.  Yuliy Osipov, Esq. at Osipov
Bigelman, P.C., serves as bankruptcy counsel to the Debtor.


MOTIF DIAMOND:Has Final Cash Collateral Access, Motion Unchallenged
-------------------------------------------------------------------
According to Court dockets, the interim order granting the motion
to use cash collateral filed by Motif Diamond Designs, Inc., has
become final there being no objections thereto filed in Court.

                  About Motif Diamond Designs

Motif Diamond Designs, Inc., based in Taylor, MI, filed a Chapter
11 petition (Bankr. Ed. Mich. Case No. 20-40285) on Jan. 8, 2020.
In the petition signed by Toros Chopjian, vice president, the
Debtor was estimated to have up to $50,000 in assets and $1 million
to $10 million in liabilities.  Yuliy Osipov, Esq. at Osipov
Bigelman, P.C., serves as bankruptcy counsel to the Debtor.


MSCI INC: S&P Rates New $400MM Senior Unsecured Notes 'BB+'
-----------------------------------------------------------
S&P Global Ratings assigned its 'BB+' rating and '3' recovery
rating to New York City-based index and analytics provider MSCI
Inc.'s proposed $400 million senior unsecured notes.

As with its other senior notes, MSCI Inc. will be the borrower.
MSCI will use proceeds from the transaction to repay $300 million
of outstanding 5.25% notes due in 2024, and the remaining $100
million for general corporate purposes, which may include share
repurchases. The '3' recovery rating indicates S&P's expectation of
meaningful recovery (50%-70%; rounded estimate: 55%) in the event
of default.

The 'BB+' issuer credit rating on the company is unaffected by the
issuance. S&P Global Ratings' stable outlook reflects the view that
MSCI's leadership position, with its core markets and large
recurring revenue base, will result in consistent operating
performance over the next 12 months. Although the issuance will
raise leverage slightly above management's 3.0x-3.5x gross leverage
target, S&P expects the company will deleverage and manage
financial risk in line with its stated target. Given the interest
savings S&P expects on the repayment of the 5.25% notes, it
believes the impact of the transaction is likely to be roughly
cash-flow neutral.



MTE HOLDINGS: Potter Anderson 2nd Update on Service Providers
-------------------------------------------------------------
In the Chapter 11 cases of MTE Holdings LLC, et al., the law firm
of Potter Anderson & Corroon LLP submitted a second amended
verified statement under Rule 2019 of the Federal Rules of
Bankruptcy Procedure, to provide an updated list of the Ad Hoc
Committee of Service Providers that it is representing.

On Oct. 22, 2019, Oct. 23, 2019, and Nov. 8, 2019, each of the
Debtors filed a voluntary petition for relief under chapter 11 of
title 11 of the United States Code.

On Nov. 20, 2019, the Office of the United States Trustee held a
meeting to form an official committee of unsecured creditors.  The
U.S. Trustee did not appoint an official committee of unsecured
creditors at the meeting, and on Dec. 3, 2019, the U.S. Trustee
filed the Statement that a Committee of Unsecured Creditors Has Not
Been Appointed [Docket No. 164].

Many of the creditors comprising the Ad Hoc Committee submitted
questionnaires to the U.S. Trustee and appeared at the Formation
Meeting; however, many, if not all, of these creditors have
statutory liens pursuant to Chapter 56 of Title 5 of the Texas
Property Code.  See generally Tex. Prop. Code Ann. Section 56 et
seq.  Following the Formation Meeting, the creditors that make up
the Ad Hoc Committee organized as a group to protect and preserve
their rights and the rights of similarly situated creditors in
these cases [Docket No. 160].  The Ad Hoc Committee consists of
parties who performed labor or provided services to, or furnished
or hauled material, machinery, or supplies used in, the Debtors'
mineral activities.

As of Feb. 19, 2020, members of the Ad Hoc Group and their
disclosable economic interests are:

                                          Materialmen's Lien
                                          ------------------

Alamo Pressure Pumping, LLC
1101 N. Little School Road
Arlington, TX 76017                        $19,517,624.27

Anchor Drilling Fluids USA
11700 Katy Freeway, Suite 200
Houston, TX 77079                          $1,422,536.24

Apergy ESP Systems, LLC
2445 Technology Forest Blvd.
Building 4, 12th Floor
The Woodlands, TX 77381                    $4,851,753.78

Baseline Energy Services, LP
201 Foch Street
Fort Worth, TX 76107                       $1,226,077.16

Basic Energy Services, LP
801 Cherry Street, Suite 2100
Fort Worth, TX 76102                       $3,217,315.85

Covenant Testing Technologies, LLC
1600 Highway 6, Suite 360
Sugar Land, TX 77478                        $809,630.8

DuraChem Services
2719 W County Road 114
Midland, TX 79706                         $4,474,085.56

Eastham Drilling, Inc.
d/b/a Big E Drilling
4710 Bellaire Blvd., Suite 350
Bellaire, TX 77401                         $8,861,682.00

FESCO, Ltd.
1000 FESCO Ave.
Alice, TX 78332                            $1,586,814.77

Flowco Production Solutions, LLC
18511 Imperial Valley Dr.
Houston, TX 77073                            $601,186.06

Gravity Oilfield Services, LLC
3300 North A Street
Building 4, Suite 100
Midland, TX 79705                          $11,037,156.80

JW Powerline, LLC
2401 E. Interstate 20
Midland, TX 79701                           $5,820,435.78

Knight Energy Services, LLC
19500 State Highway 249, Suite 600
Houston, TX 77070                             $156,395.04

Legacy Directional Drilling, LLC
103 Abigayles Row
Scott, LA 70583                             $5,200,891.18

NCS Multistage, LLC
19450 State Highway 249, Suite 200
Houston, TX 77070                             $174,494.52

Patterson-UTI Drilling Company, LLC
10713 W. Sam Houston Pkwy. North
Suite 800
Houston, TX 77064                           $3,958,564.33

Peak Oilfield Services, LLC
P.O. Box 548
Birdgeport, TX 76426                          $928,797.42

RWLS d/b/a Renegade Services
1937 West Avenue (PO Box 862)
Levelland, TX 79336                         $3,330,708.55

Select Energy Services, LLC
1233 West Loop South
Suite 1400
Houston, TX 77027                           $1,674,758.47

Sidewinder Drilling LLC
20475 Highway 249, Suite 300
Houston, TX 77070                             $501,662.25

STEP Energy Services Holdings Ltd.
480 Wildwood Forest Drive
Suite 300
Spring, TX 77380                            $3,784,145.08

Superior Energy/
Pumpco Energy Services
1001 Louisiana Street, Suite 2900
Houston, TX 77002                           $2,105,252.11

Trio Equipment Co.
3683 E Highway 44
Alice, TX 78332                               $812,540.30

WaterBridge Texas Midstream LLC
Attn: General Counsel
840 Gessner Road, Suite 100
Houston, TX 77024                           $7,449,987.00

Nothing contained in this Verified Statement should be construed as
a limitation upon, or waiver of any Ad Hoc Committee member's
rights to assert, file and/or amend its claim(s) in accordance with
applicable law and any orders entered in these cases establishing
procedures for filing proofs of claim.

The Ad Hoc Committee reserves the right to amend or supplement this
Verified Statement in accordance with the requirements set forth in
Bankruptcy Rule 2019.

Counsel to the Ad Hoc Committee of Service Providers can be
reached
at:

          POTTER ANDERSON & CORROON LLP
          Christopher M. Samis, Esq.
          L. Katherine Good, Esq.
          R. Stephen McNeill, Esq.
          Aaron H. Stulman, Esq.
          1313 North Market Street, Sixth Floor
          P.O. Box 951
          Wilmington, DE 19899
          Telephone: (302) 984-6000
          Facsimile: (302) 658-1192
          E-mail: csamis@potteranderson.com
                  kgood@potteranderson.com
                  rmcneill@potteranderson.com
                  astulman@potteranderson.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/fX6voV and https://is.gd/HrZFhE

                    About MTE Holdings LLC

MTE Holdings LLC is a privately held company in the oil and gas
extraction business. MTE sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Case No. 19-12269) on Oct. 22,
2019.  In the petition signed by its authorized representative,
Mark A. Siffin, the Debtor disclosed debts of less than $500
million.  Judge Karen B. Owens has been assigned to the case.  The
Debtor tapped Kasowitz Benson Torres LLP as its bankruptcy counsel;
Morris, Nichols, Arsht & Tunnell, LLP as its local counsel; and
Stretto as its claims and noticing agent.


NEENAH ENTERPRISES: S&P Alters Outlook to Neg., Affirms 'B' ICR
---------------------------------------------------------------
S&P Global Ratings revised its outlook on Wisconsin-based iron
castings and forged components manufacturer Neenah Enterprises Inc.
to negative from stable and affirmed its 'B' issuer credit rating.
At the same time, S&P affirmed its 'B+' issue-level rating on the
company's first-lien term loan. Its '2' recovery rating remains
unchanged.

The negative outlook reflects the risk that Neenah's leverage will
rise above 5.0x if its operating performance is weaker than S&P
expects.  Given its recent operating challenges, S&P expects the
company's leverage to be in the 4.5x-5.0x range in fiscal year 2020
(ending Sept. 30, 2020). S&P's base-case forecast assumes that
Neenah's leverage will decline to the low- to mid-3x range by the
end of fiscal year 2021 as its profitability in the industrial
segment improves. Still, the rating agency believes there is a
limited cushion for reduced profitability or free cash flow
generation over the next 12 months.

The negative outlook on Neenah reflects that S&P could lower its
rating on the company if the rating agency expects the S&P-adjusted
debt to EBITDA to exceed 5.0x over the next 12 months.

"We could lower our rating on Neenah if its EBITDA declines further
and its FOCF generation turns negative, leading the company to make
additional borrowings from its ABL facility. This could occur, for
instance, if the demand for class 8 trucks weakens further and/or
Neenah continues to face operating challenges at its facilities.
Under this scenario, we believe the company's leverage may rise
above 5x. We could also lower our rating if we expect that Neenah
will not maintain covenant headroom of at least 15% on a consistent
basis," S&P said.

"We could revise our outlook on Neenah to stable over the next year
if the company improves its profitability, particularly in the
Industrial segment, such that we expect it to sustain leverage of
less than 5x through an industry downturn," the rating agency said.


NELCO REALTY: Exclusivity Period Extended to Feb. 29
----------------------------------------------------
Judge Caryl Delano of the U.S. Bankruptcy Court for the Middle
District of Florida extended to Feb. 29 the period during which
only Nelco Realty Holdings Inc. can file its Chapter 11 plan of
reorganization and disclosure statement.

The company needs additional time to resolve certain issues prior
to filing the plan, including its agreement with major creditor,
Virginia Dorris, which has not yet been finalized.  In the event
the agreement fails, the court will hold a final evidentiary
hearing in the related adversary proceeding on March 17 to
determine the classification and amount of Ms. Dorris' claim.

                    About Nelco Realty Holdings

Nelco Realty Holdings Inc., a lessor of real estate properties,
filed a voluntary petition under Chapter 11 of the Bankruptcy Code
(Bankr. M.D. Fla. Case No. 19-08216) on Aug. 29, 2019. In the
petition signed by Richard T. Conard, president, the Debtor was
estimated to have $1 million to $10 million in both assets and
liabilities.  Richard John Cole, III, Esq., at Cole & Cole Law,
P.A., is the Debtor's counsel.


OHIO RIVER LABORATORY: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------------
The Office of the U.S. Trustee on Feb. 18, 2020, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Ohio River Laboratory
/iPath, LLC.
  
                About Ohio River Laboratory/iPath

Ohio River Laboratory /iPath, LLC, is a medical testing laboratory
service that offers a complete range of tests for diagnosis,
screening or evaluation of diseases and health conditions.  It
offers allergy testing, diabetes testing, pathology testing,
oncology testing, urology testing, and cardiovascular testing.

Ohio River Laboratory /iPath, LLC, based in Houston, filed a
Chapter 11 petition (Bankr. S.D. Tex. Case No. 20-30257) on Jan.
15, 2020.  In the petition signed by Mitali Shah, president, the
Debtor disclosed $17,061 in assets and $1,637,028 in liabilities.
The Hon. David R. Jones is the presiding judge.  Russell Van
Beustring, Esq., at The Lane Law Firm, LLC, serves as bankruptcy
counsel.


ON TIME ELECTRIC: Humphries Objects to Disclosure Statement
-----------------------------------------------------------
Creditor Humphries Construction Corporation objects to the
Disclosure Statement for Small Business filed by Debtor On Time
Electric Inc.

HCC objects to the Disclosure Statement of On Time Electric because
it does not disclose the cure amount that Debtor will pay HCC to
cure Debtor's default under the contract that Debtor proposes to
assume.

Article 6 of the Debtor’s Plan indicates that Debtor intends to
assume Debtor's executory contract with HCC.  However, the Court
may take judicial notice that Article 6 makes no disclosure
concerning how Debtor plans to compensate HCC and make HCC whole
for the damages caused to HCC as a result of Debtor's default under
the contract which Debtor seeks to assume.

As stated in HCC's Proof of Claim filed on Oct. 5, 2019, HCC
reasonably estimated that Debtor owed HCC at least $111,222 as of
the filing of said Proof of Claim.  HCC now reasonably estimates
that the cure amount is $109,964, i.e., the amount that the Debtor
should be required to pay HCC to assume the contract at issue and
make HCC is $109,964, plus HCC's reasonable and necessary legal
fees and court costs.

Since HCC's Proof of Claim was filed on Oct. 5, 2019, HCC has paid
$35,984 to attempt to mitigate the damages caused by Debtor's
breach of the contract which Debtor now seeks to assume.  In the
absence of any information concerning the cure amount to be paid to
HCC by the Debtor in connection with the Debtor's assumption of the
contract at issue, the Debtor's Disclosure and the Debtor's Plan
are both fatally deficient, vague, and/or ambiguous.  Thus, the
Debtor's Disclosure should be rejected and Debtor’s Plan should
not be confirmed.

A full-text copy of Humphries Construction's objection to the
Disclosure Statement dated Feb. 4, 2020, is available at
https://tinyurl.com/v7vpth2 from PacerMonitor at no charge.

Humphries Construction is represented by:

      John S. Torigian
      Daniel L. McKay
      1600 Smith Street, Suite 3885
      Houston, Texas 77002
      Telephone: (713) 951-7603
      Facsimile: (713) 951-7611
      E-mail: jtorigian@msn.com

                    About On Time Electric

On Time Electric Inc., a full-service electrical contractor in
Houston, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. S.D. Tex. Case No. 19-33152) on June 3, 2019.  At the time
of the filing, the Debtor had estimated assets of less than
$500,000 and liabilities of between $1 million and $10 million.
The case has been assigned to Judge Jeffrey P. Norman.  Michael
Hardwick Law, PLLC, is the Debtor's bankruptcy counsel.


PEOPLE WHO CARE: Acon Devt. Objects to Disclosure Statement
-----------------------------------------------------------
Creditor-in-interest Acon Development, Inc., objects to the Jan. 7,
2020 Disclosure Statement describing the Chapter 11 Plan by debtor
People Who Care Youth Center, Inc.

In its objection, Acon points out that:

  * The Debtor can provide no assurance that the Exit Financing
will come to fruition, and Debtor provides no alternative funding
source other than the contemplated financing. If the current lender
tires of the delays, creditors, including Acon, have no recourse.
Neither the Disclosure Statement nor the Plan itself make any
provision for alternative financing, or even suggest Debtor has
taken any steps to explore or secure back-up financing.

  * Even if the currently pending financing is approved, Acon has
not been provided a date by which it will receive payment.

  * The Debtor has not apprised Acon of the actual amount Acon is
to receive because of the timing uncertainty.  The Disclosure
Statement notes on page 19 that the amount of Acon's claim is
$521,868.26.  The Disclosure Statement suggests Acon's claim may be
adjusted to account for allowed per diem interest on its claim, but
just how much interest remains unknown and will only increase as
the delays continue.

  * Consideration of factor three from Neutgens, the anticipated
future of the company, finds the Disclosure Statement lacking, or
its projections for Debtor's future operations appear optimistic at
best.

A full-text copy of Acon Development's Objection dated Feb. 4,
2020, is available at https://tinyurl.com/sjkgw8j from PacerMonitor
at no charge.

Acon Development is represented by:

        Craig J. Mariam
        Garrett M. Fahy
        GORDON REES SCULLY MANSUKHANI LLP
        633 West Fifth Street, 52nd Floor
        Los Angeles, CA 90071
        Telephone: (213) 576-5000
        Facsimile: (877) 306-0043
        E-mail: cmariam@grsm.com
                gfahy@grsm.com

             About People Who Care Youth Center

People Who Care Youth Center, Inc., is a non-profit corporation
that provides child daycare to low-income working parents in South
Central Los Angeles.  Its primary asset is a commercial real
property building located at 1502 and 1512 West Slauson Avenue, Los
Angeles, California.

People Who Care Youth Center sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. C.D. Cal. Case No. 18-10290) on Jan.
10, 2018. In the petition signed by CEO Michelle McArn, the Debtor
was estimated to have assets of $100,000,001 to $500 million and
liabilities of $500,001 to $1 million.  Judge Sheri Bluebond is the
presiding judge.  Levene, Neale, Bender, Yoo & Brill L.L.P. is the
Debtor's counsel.


PLAY 4 FUN: Unsecureds Get 25% Dividend in Plan
-----------------------------------------------
Play 4 Fun, Inc, a California corporation, filed a reorganization
plan that proposes a payout to unsecured creditors over a period of
60 months. It is the Debtor's intent to treat secured creditors as
unimpaired and either surrender their collateral or pay them
according to their existing note terms.  The Debtor intends to pay
unsecured creditors a dividend of 25% plus interest through
quarterly payments.

The Debtor will generate income to fund the Plan from the operation
of it indoor playground and cafe business, Luv 2 Play Irvine.

The Disclosure Statement hearing is slated for:

    Date: March 25, 2020
    Time: 10:00 a.m.
    Ctrm: 5B
    Floor: Fifth

A full-text copy of the Chapter 11 Disclosure Statement dated
February 12, 2020, is available at https://tinyurl.com/ueldfd4
from PacerMonitor.com at no charge.

Attorneys for the Debtor:

     J. SCOTT WILLIAMS
     PAUL J. KURTZHALL
     HALLSTROM, KLEIN & WARD, LLP
     15615 Alton Pkwy, Suite 175
     Irvine, CA 92618
     Telephone: (949) 450-8500
     Telecopier: (949) 450-1588
     E-mail: jwilliams@williamsbkfirm.com
             paul@hkwllp.com

                       About Play 4 Fun

Play 4 Fun, Inc operates a franchise under the name "Luv 2 Play
Irvine" which is an indoor playground & cafe franchise geared
towards young children, offering an indoor playground, separate
baby and toddler areas, redemption games and a select cafe type
menu. The business is
operated at the commercial property located at 13722 Jamboree Rd.,
Irvine, CA 92602.

Play 4 Fun, Inc., sought Chapter 11 protection (Bankr. C.D. Cal.
Case No. 19-11965) on May 21, 2019.  The Debtor was estimated to
have assets of up to $50,000 and liabilities of $1 million to $10
million.The Hon. Mark S. Wallace is the case judge.  HALLSTROM
KLEIN & WARD LLP, led by Paul J. Kurtzhall, Esq., is the Debtor's
counsel.


POLYLAST SYSTEMS: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
The Office of the U.S. Trustee on Feb. 18, 2020, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Polylast Systems, LLC.
  
                      About Polylast Systems

Polylast Systems, LLC filed a voluntary Chapter 11 petition (Bankr.
D. Ariz. Case No. 19-15557) on Dec. 11, 2019, listing under $50,000
in assets and liabilities.  Judge Brenda K. Martin oversees the
case.  The Debtor is represented by Allan D. NewDelman, P.C.


PROGRESSIVE SOLUTIONS: Plan Deferred for Subchapter V Designation
-----------------------------------------------------------------
In the Chapter 11 case of Progressive Solutions, Inc.,the Hon.
Scott C. Clarkson on Feb. 21, 2020, entered a ruling with respect
to two motions filed by the Small Business Chapter 11 Debtor on
Jan. 30, 2020:

   (1) Motion for Order Authorizing Amendment of Chapter 11
Petition regarding Subchapter V Election and Extension of Plan
Deadline, and

   (2) Motion for Order Confirming Amended Chapter 11 Small
Business Plan.

Appearing for the Debtor at the Feb. 20 hearing was Lewis Landau,
Esq. Other appearances includedMichael Hauser, Esq.and Frank
Cadigan, Esq.for the Office of the United States Trustee, Monique
Jewett-Brewster, Esq. for Creditor, City of Oakland, and Andre
Khansari, Esq. for Creditor, Ecker Capital.

The first motion, entitled Motion for Order Authorizing Amendment
of Chapter 11 Petition regarding Subchapter V Election and
Extension of Plan Deadline makes two seemingly simple requests. A
Small Business-designated Chapter 11 case (not to be confused with
a Subchapter V small business case), filed on November 21, 2018,
requests that this Court authorize the amendment of the original
Chapter 11 petition to permit the re-designation of its status as a
Subchapter V small business debtor, and, further, that the Court
establish or modify certain deadlines set out in the newly enacted
Small Business Reorganization Act of 2019 (hereinafter "SBRA").

The second motion, entitled Motion for Order Confirming Amended
Chapter 11 Small Business Plan, (the "Confirmation Motion")
requeststhat this Court confirm an amended Chapter 11 Plan that
supposedly complied with the terms of the SBRA. With respect to the
Confirmation Motion, for the reasons apparent and stated below, it
is denied without prejudice.

The Small Business Reorganization Act of 2019 (Public Law No.
116-54)The Small Business Reorganization Act of 2019 (H.R. 3311)
was introduced into the United States House of Representatives on
June 18, 20191, and immediately referred to the House Committee on
the Judiciary.  On June 25, 2019, hearings were held on "Oversight
of Bankruptcy Law and Legislative Proposals" before the
Subcommittee on Antitrust, Commercial, & Administrative Law. Of
pertinence to H.R.  3311, the following witnesses testified:
Representative Ben Cline (R-VA); Robert J. Keach, on behalf of the
American Bankruptcy Institute; and former Bankruptcy Judge Thomas
Small on behalf of the National Bankruptcy Conference.

Thereafter, on June 28, 2019, the bill was referred to the
Judiciary Committee's Subcommittee on Antitrust, Commercial, and
Administrative Law.  On July 11, 2019, the Subcommittee conducted a
mark-up session and on the same day the bill was ordered to be
reported by voice vote.  On July 23, 2019, the bill was reported by
the Judiciary Committee (Judiciary Committee Report 116-171) to the
House of Representatives by voice vote.  The report (which
historically is drafted by professional staff of the assigned
Subcommittee) reflects that the Judiciary Committee submitted the
bill without amendment and with recommendation that the bill pass
the House of Representatives.  On the same day as the House
Judiciary Committee reported the bill, on July 23, 2019, the bill
was placed on the House ofRepresentative's Union Calendar (Calendar
No. 131), and at 6:25 pm (eastern time) that day, a motion to
suspend the House Rules and pass the bill was made.  The bill was
considered under the suspension of the rules (Cong. Rec.
H7217-7220), and the debate lasted four minutes, from 6:25 pm
(eastern time) through 6:29 pm (eastern time), although the rules
permitted forty minutes of debate.  H.R. 3311, on motion to suspend
the rules, was passed by voice vote on July 23, 2019. (Cong. Rec.
H7217-7219).  The bill was received by the United States Senate on
July 24, 2019, and on August 1, 2019, was passed by the United
States Senate without amendment or debate. (Cong. Rec. S5321).  It
went exactly like this:

     The PRESIDING OFFICER. The clerk will read the titles ofthe
bills, en bloc. The senior assistant legislative clerk read as
follows:*** ***

     A bill (H.R. 3311) to amend chapter 11 of title 11, United
States Code, to address reorganization of small businesses, and for
other purposes.

     Mr. McCONNELL. I ask unanimous consent that the bills, en
bloc, be considered read a third time.  

     The PRESIDING OFFICER. Without objection, it is so ordered.
The bills were ordered to a third reading and were read the third
time, en bloc.

     Mr. McCONNELL. I know of no further debate on the bills, en
bloc.

     The PRESIDING OFFICER. If there is no further debate, the
question is, Shall the bills pass, en bloc?The bills (H.R. 2336,
H.R. 2938, H.R. 3304, H.R. 3311) were passed, en bloc.Congressional
Record S5321.

     On August 1, 2019, the Senate advised the House of the passage
without amendment, the bill was engrossed, and was presented to the
President on August 13, 2019. The bill was signed into law on
August 23, 2019, becoming Public Law No. 116-54.  

     Certain "legislative history" of H.R. 3311 exists, including
the Report from the House Committee on the Judiciary (Report No.
116-54.) The report contains, inter alia, the following statement:

     NEED FOR THE LEGISLATION

     Notwithstanding the 2005 Amendments, small business chapter 11
cases continue to encounter difficulty in successfully
reorganizing. Based upon their respective reviews of this issue,
the NBC and the ABI developed recommendations to improve the
reorganization process for small business chapter 11 debtors. H.R.
3311 is largely derived from these recommendations. As the bill's
sponsor, Representative Ben Cline (R-VA), explained at the hearing
held by the Subcommittee on Antitrust, Commercial, and
Administrative Law on June 25, 2019 at which H.R. 3311 was
considered, the legislation allows these debtors ''to file
bankruptcy in a timely, cost-effective manner, and hopefully allows
them to remain in business'' which ''not only benefits the owners,
but employees, suppliers, customers, and others who rely on that
business.'

     (Citing the) Unofficial Transcript of Oversight of Bankruptcy
Law and Legislative Proposals: Hearing Before the Subcomm. on
Antitrust, Commercial, & Admin. Law of the H. Comm. on the
Judiciary, 116th Cong. 27 (2019) (on file withH. Comm. on the
Judiciary staff).

     This might be the only official legislative history in
existence; however, another example is contained in an official
public release and "fact sheet" presented by the Chairman of the
Senate Committee on the Judiciary, Charles "Chuck" Grassley,
accompanying his April 9, 2019-introduced version2of the
legislation (which is the same as H.R. 3311 as passed.)  Senator
Grassley's statement further sets forth that "[t]he SBRA was
crafted in consultation with the National Bankruptcy Conference,
American Bankruptcy Institute and National Conference of Bankruptcy
Judges and incorporates input from numerous stakeholders ranging
from commercial lenders to the U.S. Trustee."

    Public statements from various cosponsors of the Senate version
(which is the final version signed into law), include:

    "Our bankruptcy system is designed to help highly complex
businesses reorganize after falling on hard times, but for many
small businesses going through bankruptcy, these requirements can
create unnecessary burdens that stall recovery.  The Small Business
Reorganization Act takes into account the unique needs of small
businesses and streamlines existing reorganization processes.  A
well-functioning bankruptcy system, specifically for
smallbusinesses, allows businesses to reorganize, preserve jobs,
maximize the value of assets and ensure the proper allocation of
resources." -Sen. Charles Grassley

    "The strength of Rhode Island's economy depends on the strength
of the nearly one hundred thousand small businesses that have set
up shop here.  We need to improve the bankruptcy process to give
smaller employers who are struggling better tools to get back on
their feet and preserve jobs." -Sen. Sheldon Whitehouse

     "We need to make sure that businesses on Main Street have the
same opportunities as big businesses to utilize the protections
offered by our bankruptcy laws. This legislation will help
streamline bankruptcy procedures for small businesses, ensuring
that when mom-and-pop businesses fall on hard times, they have a
chance to recover and be successful." -Sen. Amy Klobuchar

     "Iowa is home to more than 267,700 small businesses, making up
just over 99% of the businesses in our state. While many of these
businesses are thriving, those that experience financial distress
face an overly burdensome and costly bankruptcy system. Our
bipartisan bill would streamline the reorganization process,
preserve jobs, and allow small business owners to maintain control
and negotiate a successful reorganization."-Sen. Joni Ernst

     "All too often, an outdated bankruptcy system forces small
businesses to close their doors when they hit hard times. When a
small business owner requires relief from overwhelming debt,
bankruptcy should offer a path forward to preserve jobs –not an
endless, money-draining process. Our bipartisan legislation
implements thoughtful, commonsense reforms to make our bankruptcy
system work for smallbusinesses instead of against them." -Senator
Richard Blumenthal

  II.The Effective Date of the SBRA of 2019 and the Question of
Applicability to Pending Cases

The SBRA became effective on February 19, 2020.4During the hearing
before this Court, one creditor counsel (representing the City of
Oakland) argued that applying the SBRA to pending cases was
impermissible as a retroactive application of the SBRA.5During the
discussion with the learned City of Oakland counsel, the Court and
counsel entertained various issues, including those arising from
the recent decision from the Bankruptcy Court for the District of
Delaware in In re Exide Technologies, Inc. Case No. 13-11482,
January 9, 2020 [Dk. 5296], where the Office of the United States
Trustee successfullyargued that the 2017 change in law, increasing
and changing the formula for U.S. Trustee Fees, applied to pending
cases. The Exide Technologies case was filed in 2013 (and has
confirmed its Plan), and the quarterly fees rose from $30,000.00 to
$250,000.00in 2017 due to the change in law.  

The Court also discussed with Oakland's learned counsel the
provisions of Section 5 of the SBRA (involving a change in law to
all preference actions filed under section 547 of the Bankruptcy
Code) and their applicability to pending litigation. It was pointed
out, and conceded by all parties present at the hearing, that
nowhere in the SBRA are there stated limitations to the application
of the SBRA (including new preference recovery provisions) to
pending cases.  

The Court also asked for any examples where the City of Oakland, or
any other creditor, had rights that were vested by rulings of the
Court, or other events occurring during the pendency of the present
bankruptcy case, that would be disturbed by the designation of the
case as a Subchapter V case. No examples were brought to the
forefront, and after a complete study of the record and pleadings
in this case, the Court cannot find any rights of parties that are
vested that would be affected.Indeed, earlier in the case, the City
of Oakland hadactually filed a Disclosure Statement and Plan, and
then voluntarily withdrew those pleadings.

Early on, in arguments brought forward by the Office of the United
States Trustee (hereinafter "OUST"), itwas conceded that the OUST
was not advancing any retroactivity arguments, and that, as an
example, a Chapter 7 case, pending prior to the effective date of
the SBRA, could convert to Chapter 11, Subchapter V after the SBRA
date of enactment.

The only comprehensive objections raised at the hearing by counsel
of the Office of United States Trustee were procedural in nature.
The OUST made very good points regarding the practicality and
scheduling issues arising from a SBRA designation of a
pre-effective date pending case.

The OUST raised, for instance, the problem of holding a timely
Initial Debtor Interview (the "IDI"), and a timely Section 341(a)
Meeting of Creditors that would include a Subchapter V Trustee
participation.  The OUST raised the good question of the required
Debtor Status Conference Report and the initial Status Conference
for the Subchapter V case, but again conceded that there was no
statutory or rule which prohibited the Court from extending the
time to hold the status conference or submit a report.  The OUST
raised the timing issue of the 60 day Plan filing requirement (from
the Entry of Order for Relief), but then conceded that the Court
may extend that time for cause, as long as the delay was not
attributable the Debtor.  The Court points out that all of these
timing requirements could be reset in order to provide due process
to all parties involved, unless vested rights of parties would be
abridged or otherwise prejudiced.  

This Court finds that while the procedural tasks of setting an IDI,
a section 341(a) meeting of creditors, and a new Subchapter V
Status Conference (as long as the Debtor did not object to any of
these actions), might be redundant or procedurally awkward, there
are no bases in law or rules to prohibit a resetting or
rescheduling of these procedural matters.  If any vested rights of
a debtor or any other party in interest would be in jeopardy, this
Court concedes that rescheduling would likely be a violation of due
process. On the other hand, if any party holding vested rights
approved of a re-setting or rescheduling of such events objected,
waiver of those rights could be exercised.  Also,if the Debtor
declined to undertake the responsibilities and duties under
Subchapter V, as suggested by the OUST, the Court would not approve
a resetting and rescheduling of such meetings, hearings or
deadlines, and would take steps to remedy such behavior.  The Court
was entirely appreciative of the OUST's suggestion that the Debtor
simply (and orally) dismiss the pending case and file it again the
following day.  The Court, during the hearing, polled the appearing
counsels on their support or opposition to such an action, and to
its surprise, no creditor objected.  The Court asked Debtor's
counsel to consider such an action, and the Debtor declined to make
such an oral Motion to Dismiss.  Without notice to all parties in
the case, this Court was unwilling to dismiss the case, sua
sponte.

The Court is not unmindful of the additional efforts the OUST, the
newly appointed Subchapter V Trustee, the creditors, or this Court
might have to undertake to administer a re-designated Subchapter V
case. But, the whole, the entire whole, of the legislative history
and statements of Congress teaches the Court that the primary
purpose of the SBRA is to promote successful reorganizations using
the tools that are now available under currentlaw.  The decision to
proceed and hopefully confirma Subchapter V plan of reorganization
under the law as it exists today, after February 19, 2020, is
further supported by the teaching of the United States Supreme
Court in Landgraf v. USI Film Products, 551, U.S. 244 (1994), which
said, "The first is the rule that 'a court is to apply the law in
effect at the time it renders its decision,'Bradley, 416 U. S., at
711."  Appreciating Landgraf, it remains the Court's duty to ensure
that no vested rights have been altered by application of a changed
law.  In this instance, that has not occurred.

To recap, this Court has found no legal reason to restrict a
pending Chapter 11 case to re-designate to a Subchapter Vcase, on
the facts underlying the Motion.  No party has provided any legal
reasoning to support a blanket prohibition of such re-designation
by the Debtor.  The arguments against pending case being designated
by the Debtor as a Subchapter V case all have to do with
practicality and not legality. However, there remains one final,
procedural problem requiring denial of the Motion.

III. The Motion is Denied without Prejudice.

The Motion is denied because the actual requests made in the Motion
(to approve such a re-designation) are procedurally infirm. Federal
Bankruptcy Rule 1009 reads in pertinent part:

     Rule 1009 - Amendments of Voluntary Petitions, Lists,
Schedules and Statements(a)General Right To Amend. A voluntary
petition, list, schedule, or statement may be amended by the debtor
as a matter of course at any time before the case is closed.  The
debtor shall give notice of the amendment to the trustee and to any
entity affected thereby. On motion of a party in interest, after
notice and a hearing, the court may order any voluntary petition,
list, schedule, or statement to be amended and the clerk shall give
notice of the amendment to entities designated by the court."
Federal Bankruptcy Rule 1009(a).

This Court concludes that an amendment to a Bankruptcy Petition can
be made at any time as a matter of course at any time before the
case is closed. (The last sentence of Rule 1009 subsection (a) is
non-applicable to debtor motions, as clarified in the 1987
Committee Comments to the Rules.  That concluding sentence presents
for times when non-debtor parties are demanding that the debtor
make changes to the petition or schedules.)  

To set a standard or precedent requiring a debtor to seek leave to
amend a petition or schedule is improper, especially in light of
Rule 1009. As there is no legal requirement to have a court grant
leave to amend the petition or schedules, and there are clear
procedures for parties to later object to any amendments or
designations (including a designation as a Subchapter V debtor
within the new federal rules for the SBRA), this Court finds that
the Motion is unnecessary and not required by law.  When and if
there is a designation by amendment to the Petition, opposing
parties may file objections on a timely basis, and the Court may
undertake eligibility considerations.

Further, the second request within the Motion desires this Court to
set deadlines appropriate to the implementation of the SBRA. This
request is premature, as no Subchapter V designation had been made
by the Debtor at the time of the filing of the motion and the
hearing.

Finally, as stated earlier, the Debtor seeks by its Motion to
Confirm a Subchapter V Plan of Reorganization, recently filed. This
Motion is premature for the reasons stated above and is denied
without prejudice.

IT IS SO ORDERED.

                   About Progressive Solutions

Founded in 1979, Progressive Solutions, Inc. --
http://www.progressivesolutions.com/-- is a provider of software
and support services to governmental entities.  The Company is
headquartered in Brea, California.

Progressive Solutions commenced a Chapter 11 case (Bankr. C.D. Cal.
Case No. 18-14277) on Nov. 21, 2018.  In the petition signed by
Glenn Vodhanel, president, the Debtor was estimated to have
$500,000 to $1 million in assets and $1 million to $10 million in
liabilities.  Lewis R. Landau, Attorney-at-Law, represents the
Debtor.


R K BROTHERS: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The Office of the U.S. Trustee on Feb. 19 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of R K Brothers, Inc.
  
                      About R K Brothers Inc.

R K Brothers, Inc. is a privately held company that operates in the
hotels and motels industry.  Its principal assets are located at
12701 N. Freeway, Houston.  

R K Brothers sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Texas Case No. 20-30145) on Jan. 7, 2020.  At the
time of the filing, the Debtor had estimated assets of less than
$50,000 and liabilities of between $1 million and $10 million.
Judge David R. Jones oversees the case.  Weycer, Kaplan, Pulaski &
Zuber, P.C. is the Debtor's legal counsel.


REJUVI LABORATORY: To File Revised Plan March 3
-----------------------------------------------
A hearing was held on Feb. 20, 2020 to consider Rejuvi Laboratory,
Inc.'s Disclosure Statement filed in connection with its Plan of
Reorganization dated January 15, 2020.

Maria Corso's objections to the disclosure statement presented at
the hearing are overruled.

The Debtor will file a revised Plan and Disclosure Statement no
later than March 3, 2020.  An order tentatively approving the
disclosure statement shall be uploaded by March 3, 2020.  The last
day to serve is March 19, 2020.  The last day for ballots and
objections is April 7, 2020.  A pre-confirmation status conference
will be held on April 23, 2020 at 11:30 am. A confirmation hearing
will be held on May 7, 2020 at 10:00 am

               About Rejuvi Laboratory Inc.

Founded in 1988 by Dr. Wade Cheng, Rejuvi Laboratory, Inc.
--http://www.rejuvilab.com/-- is an integrated cosmetic laboratory
with ongoing research, development and production capability.

Rejuvi Laboratory sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Cal. Case No. 18-31069) on Sept. 27,
2018. In the petition signed by Wei Cheng, president, the Debtor
disclosed $2,870,211 in assets and $1,357,213 in liabilities.
Judge Dennis Montali presides over the case.

The Debtor is represented by:

     Stephen D. Finestone
     Jennifer C. Hayes
     Ryan A. Witthans
     FINESTONE HAYES LLP
     456 Montgomery Street, 20th Floor
     San Francisco, California 94104
     Tel: (415) 421-2624
     Fax: (415) 398-2820
     E-mail: sfinestone@fhlawllp.com


REWALK ROBOTICS: Mitchell Kopin, et al. Report 5% Stake
-------------------------------------------------------
Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC
disclosed in a Schedule 13G filed with the Securities and Exchange
Commission that as of Feb. 5, 2020, he beneficially owns 600,000
ordinary shares of ReWalk Robotics Ltd., which represents 5 percent
of the shares outstanding.  A full-text copy of the regulatory
filing is available for free at:

                       https://is.gd/65DEpb

                      About ReWalk Robotics

ReWalk Robotics Ltd. -- http://www.rewalk.com/-- develops,
manufactures, and markets wearable robotic exoskeletons for
individuals with lower limb disabilities as a result of spinal cord
injury or stroke.  ReWalk's mission is to fundamentally change the
quality of life for individuals with lower limb disability through
the creation and development of market leading robotic
technologies.  Founded in 2001, ReWalk has headquarters in the
U.S., Israel and Germany.

ReWalk incurred net losses of $15.55 million in 2019, $21.67
million in 2018, and $24.72 million in 2017.  As of Dec. 31, 2019,
the Company had $24.37 million in total assets, $13.59 million in
total liabilities, and $10.78 million in total shareholders'
equity.

Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, in
Haifa, Israel, the Company's auditor since 2014, issued a "going
concern" qualification in its report dated Feb. 20, 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.


ROVIG MINERALS: Chaffe McCall Represents Libby, North Lafourche
---------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Chaffe McCall, LLP, submitted a verified statement
to disclose that it is representing Libby & Blouin, Limited and
North Lafourche Conservation Levee & Drainage District in the
Chapter 11 cases of Rovig Minerals, Inc.

As of Feb. 18, 2020, the parties listed and their disclosable
economic interests are:

Libby & Blouin, Limited
2300 Energy Centre
1100 Poydras Street
New Orleans, LA 70163

* Oil & Gas Sulfur Lease of 300 acres of land in Lafourche
   Parish, Louisiana, dated effective May 31, 2017, between Libby
   & Blouin, Limited as lessor to Rovig Minerals, LLC as lessee;

* Surface Lease and Subsurface Easement Agreement affecting 3.67
   acres more or less, dated effective as of September 10, 2018,
   from Libby & Blouin, Limited as lessor to Rovig Minerals, Inc.
   as lessee;

* Oil and Gas Lease affecting 265 acres of land in Lafourche
   Parish, Louisiana, dated effective December 13, 2018 by Libby &
   Blouin, Limited as lessor to Rovig Minerals, LLC as lessee;

* Voluntary Unitization Agreement among Rovig Minerals, Inc. a
   Montana corporation, Libby & Blouin, Limited and Laurel Valley
   Plantation, L.L.C.

* Libby & Blouin, Limited made available to Debtor(s) certain
   mineral rights and surface rights. Debtor agreed directly or
   impliedly to perform its obligations in good faith, as a
   reasonably prudent operator, and to perform its obligations
   under the Agreements.

* Principal Claim Amount: Unliquidated

North Lafourche Conservation Levee &
Drainage District
3862 Highway 1
Raceland, LA 70394

* The Oil and Gas Lease dated effective March 20, 2018, affecting
   12 acres of land in Lafourche Parish, Louisiana, with NLCLDD as
   lessor and Rovig Minerals, Inc. as lessee

* NLCLDD made available to Rovig Minerals, Inc. certain mineral
   rights. Debtor agreed directly or impliedly to perform its
   obligations in good faith, as a reasonably prudent operator,
   and to perform its obligations under the Lease

* Principal Claim Amount: A $3,000 delay rental payment is coming
                           due on or before March 20, 2020

Each of the parties listed on Exhibit "A" has consented to this
multiple representation by Chaffe McCall, LLP in the
above-captioned matter.

The Firm can be reached at:

          CHAFFE McCALL, LLP
          Fernand L. Laudumiey, IV, Esq.
          David J. Messina, Esq.
          2300 Energy Centre
          1100 Poydras Street
          New Orleans, LA 70163-2300
          Tel: (504) 585-7000
          Fax: (504) 585-7075

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

                    About Rovig Minerals

Rovig Minerals, Inc. -- http://www.rovigminerals.com/-- was
founded in 1980 in Billings, Mont., to pursue exploration and
development of mineral, oil and gas projects around the world.

On Sept. 25, 2019, creditors FDF Energy Services LLC, Tri-City
Services Inc., Oil Country Tubular Corp., DH Rock Bit Inc., Aldonsa
Inc. filed an involuntary Chapter 11 petition against the Debtor
(Bankr. W.D. La. Case No. 19-51133).  The creditors are represented
by Michael A. Crawford, Esq., at Taylor, Porter, Brooks &
Phillips.

On Oct. 18, 2019, the Debtor and the Petitioning Creditors signed
a
joint stipulation to convert the involuntary to a voluntary
chapter
11 and for entry of a consent order for relief pursuant to 11
U.S.C. Sec. 303(h)(1).

The case is assigned to Judge John W. Kolwe.

The Debtor tapped H. Kent Aguillard, Esq., and Caleb Aguillard,
Esq., as its bankruptcy attorneys.


RSF PROP 15648: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: RSF Prop 15648 Via De Santa Fe, L.P.
        15648 Via De Santa Fe, L.P.
        Rancho Santa Fe, CA 92067

Business Description: RSF Prop 15648 Via De Santa Fe, L.P. is a
                      privately held company engaged in activities
                      related to real estate.

Chapter 11 Petition Date: February 21, 2020

Court: United States Bankruptcy Court
       Southern District of California

Case No.: 20-00908

Debtor's Counsel: Christopher V. Hawkins, Esq.
                  SULLIVAN HILL REZ & ENGEL,
                  A PROFESSIONAL LAW CORPORATION
                  600 B Street, Suite 1700
                  San Diego, CA 92101
                  Tel: (619) 233-4100
                  E-mail: hawkins@sullivanhill.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $100,000 to $500,000

The petition was signed by Jessica Marshall, managing member of
Recreation & Home Co., LLC, the general partner of Debtor RSF Prop
15648 Via De Santa Fe L.P.

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

A copy of the petition is available for free at PacerMonitor.com
at:

                        https://is.gd/oUa6Pu


RUBY'S DINER: Plan Solicitation Period Extended to Feb. 28
----------------------------------------------------------
Ruby's Diner, Inc. and its affiliates have until Feb. 28 to solicit
acceptances for their proposed Chapter 11 plan of reorganization,
according to an order signed by Judge Catherine Bauer of the U.S.
Bankruptcy Court for the Central District of California.

The companies filed their reorganization plan on April 24, 2019.  A
hearing to consider confirmation of the plan is scheduled for March
25.

                        About Ruby's Diner

Ruby's Diner, Inc. -- https://www.rubys.com/ -- is a restaurant
chain headquartered in Irvine, California. Founded by Doug
Cavanaugh and Ralph Kosmides in 1982, it also has locations in
California, Nevada, Arizona, Texas, Pennsylvania and New Jersey.

Ruby's Diner, Inc., along with its affiliates, sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case
No.18-13311) on Sept. 5, 2018. In the petition signed by CEO
Douglas S. Cavanaugh, RDI was estimated to have assets of $1
million to $10 million and liabilities of $1 million to $10
million. Judge Catherine E. Bauer oversees the case.  

Ruby's Franchise Systems, Inc., the creator of Ruby's Diner, sought
Chapter 11 protection (Bankr. C.D. Cal. Case No. 18-13324) on Sept.
6, 2018, estimating less than $50,000 in assets and $1 million to
$10 million in liabilities.

The RDI Debtors tapped Pachulski Stang Ziehl & Jones LLP as legal
counsel, and GlassRatner Advisory & Capital Group LLC as financial
advisor. The RDI Debtors retained Donlin Recano & Company, Inc., as
their claims, noticing and balloting agent.

RFS tapped Theodora Oringher PC as general insolvency counsel and
Armory Consulting Co. as its financial advisor.

On Sept. 19, 2018, the U.S. Trustee appointed a committee of
unsecured creditors in the RDI Chapter 11 case. The committee is
represented by Winthrop Golubow Hollander, LLP as its insolvency
counsel and Force 10 Partners as its financial advisor. No official
committee was appointed in the RFS Chapter 11 case.

The Debtors filed their Chapter 11 plan of reorganization on April
24, 2019.


SAMSON OIL: Incurs $6.90 Million Net Loss in Second Quarter
-----------------------------------------------------------
Samson Oil & Gas Limited filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q reporting a net loss
of $6.90 million on $3.29 million of total oil and gas income for
the three months ended Dec. 31, 2019, compared to a net loss of
$2.55 million on $3.03 million of total oil and gas income for the
three months ended Dec. 31, 2018.

For the six months ended Dec. 31, 2019, the Company reported a net
loss of $7.35 million on $7.14 million of total oil and gas income
compared to a net loss of $1.35 million on $6.61 million of total
oil and gas income for the same period a year ago.

As of Dec. 31, 2019, the Company had $35.68 million in total
assets, $52.90 million in total liabilities, and a total
stockholders' deficit of $17.22 million.

Samson Oil said, "We do not generate adequate revenue to satisfy
our current operations, we have negative cash flows from
operations, and we have incurred significant net operating losses
during the six month period ended December 31, 2019, and for the
fiscal year ended June 30, 2019, which raise substantial doubt
about our ability to continue as a going concern.  Nevertheless, of
this our financial statements have been prepared on the going
concern basis, which contemplates the continuity of normal business
activities and the realization of assets and settlement of
liabilities in the normal course of business.  We are in breach of
several of our covenants related to the Credit Agreement resulting
in our borrowings payable of $33.5 million being classified in
current liabilities.

"Our ability to continue as a going concern is dependent on the
re-negotiation of the Credit Agreement, the sale or refinancing of
our oil and gas assets and/or raising further capital.  These
factors raise substantial doubt over our ability to continue as a
going concern and therefore whether we will realize our assets and
extinguish our liabilities in the normal course of business and at
the amounts stated in the financial statements.

"We are seeking a waiver of our breaches of the Credit Agreement
from our Lender and thereafter plan to increase our cash flows from
operations through the successful development of the Foreman Butte
project and reducing our operating and general and administrative
costs.  In addition, we have been negotiating a potential
transaction to divest substantially all of our oil and gas assets.
If those negotiations are successful and the transaction effected,
we believe it will result in proceeds not less than our obligations
under the Credit Agreement and to our vendors.

"However, there can be no assurances that we will successfully
obtain a waiver, divest our oil and gas assets or increase our cash
flows from operations.  Given our current financial situation we
may be forced to accept terms on some or all of these transactions
that are less favorable than would be otherwise available."

The Company used $35,278 of cash flow from its operations during
the six month period ended Dec. 31, 2019, compared to approximately
$36,712 of cash used in operations during the comparative period in
the prior year.  The Company's loss can be primarily attributed to
higher LOE costs and higher interest expenses related to its Credit
Agreement and a proposed settlement with the NDIC of $2.1 million
in general and administrative expense, which, aggregated with LOE
costs and interest expense, equaled $11.0 million compared to $5.6
million for the same period in the prior year.

Cash flows used in investing activities during the six month period
ended Dec. 31, 2019, was $20,271 compared to cash flow provided by
investing activities of $0.4 million in the prior year.  During the
six month period ended Dec. 31, 2019, the Company was not engaged
in any significant capital drilling projects.  During the six month
period ended Dec. 31, 2018, the Company recorded $1.0 million of
other income related to the failed sale with Eagle Energy Partners
I, LLC, where they forfeited a nonrefundable deposit of the same
amount.

In November 2019, the Company entered into an installment agreement
for $160,713 related to royalties payable.  The Company made the
first principal payment in Dec. 31, 2019.  There were no cash flows
used in or provided by financing activities for the six month
period ended Dec. 31, 2018.

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

                      https://is.gd/twIhiF

                        About Samson Oil

Headquartered in Perth, Western Australia, Samson Oil & Gas Limited
-- http://www.samsonoilandgas.com-- is an independent energy
company primarily engaged in the acquisition, exploration,
exploitation and development of oil and natural gas properties,
primarily with a focus in Montana and North Dakota.

Samson Oil reported a net loss of $7.15 million for the fiscal year
ended June 30, 2019, compared to a net loss of $6.04 million for
the fiscal year ended June 30, 2018.  As of Sept. 30, 2019, the
Company had $38.19 million in total assets, $48.51 million in total
liabilities, and a total stockholders' deficit of $10.32 million.

Moss Adams LLP, in Denver, Colorado, the Company's auditor since
2017, issued a "going concern" qualification in its report dated
Oct. 15, 2019, citing that the Company is in violation of its debt
covenants, incurred a net loss from operations, has cash outflows
from operations, and its current liabilities exceed its current
assets as of and for the year ended June 30, 2019.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


SBP HOLDING: S&P Affirms 'B-' Issuer Credit Rating; Outlook Stable
------------------------------------------------------------------
S&P Global Ratings affirmed all of its ratings on U.S.-based
distributor of industrial rubber, wire rope, rigging, and fluid
power products SBP Holding L.P. (SBP), including the 'B-' issuer
credit rating and stable outlook, reflecting its view that given
positive free operating cash flow (FOCF) generation and pro forma
S&P Global Ratings-adjusted leverage in the low-6x area, SBP will
successfully extend or refinance its credit facilities.

S&P revised its liquidity assessment to weak from adequate,
reflecting the current status of the company's $125 million ABL
facility and the rating agency's view that SBP cannot generate
enough cash flow to repay the $86 million balance once it comes due
in December 2020.  Since issuing a $70 million term loan add-on in
December 2018 to fund an acquisition and repay ABL borrowings, SBP
continues pursue an aggressive acquisition strategy. Through
November 2019, acquisition spending totaled around $105 million,
with $86 million funded through ABL borrowings and the balance by
internally generated cash. Based on its base-case forecast, S&P
does not expect SBP to generate sufficient cash flow to repay the
$86 million ABL balance (as of Nov. 31, 2019) at its December 2020
maturity.

The stable outlook reflects S&P's expectation that SBP will address
its 2021 maturities by the end of its 2020 fiscal year while
successfully integrating recent acquisitions and maintaining solid
EBITDA margins, such that leverage remains in the low-6x area and
FOCF to debt in the mid-single-digit percentage area. The stable
outlook also reflects S&P's expectation that the company's
operating performance will continue to track to the rating agency's
base-case expectations.

"We could lower our ratings on SBP should cash flow become negative
as a result of weak operating performance or deviation from our
base-case expectations. This could stem from a sharp drop in
product demand from either increased competition or significant
deterioration in macroeconomic conditions, affecting activity in
its key end-markets. Under this scenario, we would become
increasingly convinced the company could not refinance its upcoming
maturities at acceptable terms, triggering a payment or selective
default," S&P said.

"While unlikely, we would consider raising our rating if the
company demonstrates a commitment to maintaining leverage below
than 5x or significantly broadens its revenue scale and diversity
to mitigate high expected earnings volatility during economic
downturns," the rating agency said.


SCIH SALT: S&P Assigns 'B' Issuer Credit Rating; Outlook Stable
---------------------------------------------------------------
S&P Global Ratings assigned its 'B' issuer credit rating to
U.S.-based SCIH Salt Holdings Inc.

SCIH Salt was created by Stone Canyon Industries Holdings LLC to
acquire salt producers Kissner Holdings LP and sister company
Kissner Holdings II LP.  The acquisition will be funded by a $900
million first-lien term loan, a $200 million second-lien term loan
(unrated), and $985 million of equity.  

S&P assigned its 'B' issue-level rating to SCIH Salt's proposed
seven year term loan and five year revolving credit facility.

S&P's assessment of SCIH Salt incorporates the company's limited
scope of operations, along with moderate scale and diversification.
The rating takes into consideration the combined entities'
expanded scale. However, the company is still small compared to the
majority of mining and materials processing companies it rates,
with anticipated revenues of about $480 million-$500 million in
2020. Its scope of operations is also narrow with all of its
revenues tied to salt sales and about 63% of 2020 sales expected to
come from de-icing salt. The company's other division, US Salt, is
a vertically integrated producer and packager of evaporated salt
products primarily used in stable consumable end markets, including
food and food processing, pharmaceutical, water softening, and
industrial applications. This, along with the company's packaging
division, offers some end market diversity and product
diversification. However, these businesses are smaller and comprise
the remaining 37% of revenues.

The stable outlook reflects S&P's expectation that leverage will
remain above 5x in 2020. However, the rating agency does anticipate
moderately improving credit measures as recently implemented price
increases across various units will more than offset higher freight
costs and lower volumes.

"We could lower our rating on SCIH Salt if debt to EBITDA increased
above 7x or EBITDA interest coverage declined below 2x and we
expected these ratios to be sustained there. This could occur if
EBITDA declined below $160 million or result from the loss of a
major customer, a change in demand fundamentals that weaken
pricing, or a series of milder winters," S&P said.

"We view an upgrade as unlikely over the next 12 months given SCIH
Salt's elevated leverage. However, we could upgrade the company if
leverage fell below 5x and the financial sponsor and management
committed to remaining below this level. This could occur of EBITDA
increased above $220 million," the rating agency said.


SENIOR PRO SERVICES: Case Summary & 18 Unsecured Creditors
----------------------------------------------------------
Debtor: Senior Pro Services, LLC
        14798 Wicks Boulevard
        San Leandro, CA 94577

Business Description: Senior Pro Services, LLC is a home health
                      care service provider in San Leandro,
                      California.

Chapter 11 Petition Date: February 22, 2020

Court: United States Bankruptcy Court
       Central District of California

Case No.: 20-40408

Judge: Hon. Charles Novack

Debtor's Counsel: James A. Shepherd, Esq.
                  LAW OFFICES OF JAMES SHEPHERD
                  300 Citrus Circle
                  Suite 204     
                  Walnut Creek, CA 94598
                  Tel: 925-954-7554
                  E-mail: jim@jsheplaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $100,000 to $500,000

The petition was signed by Fessha Taye, manager and CEO.

A copy of the petition containing, among other items, a list of the
Debtor's 18 unsecured creditors is available for free at
PacerMonitor.com at:

                       https://is.gd/bHvMqW


SHAPPHIRE RESOURCES: Bank OKs March 11 Deadline for Amended Plan
----------------------------------------------------------------
U.S. Bank, National Association and debtor Shapphire Resources,
LLC, the  entered into this "Stipulation To (A) Continue Chapter 11
Status Conference; (B) Continue hearing To Consider Adequacy Of
Disclosure Statement; And (C) Extend Deadline For Shapphire
Resources, LLC To File Disclosure Statement And Amended Plan Of
Reorganization.

In the interest of judicial economy and efficient resolution of
matters before the Court, the parties stipulate to

    (a) continue the chapter 11 Status Conference and the
Disclosure Statement Hearing from March 25, 2020, at 11:00 a.m. ,
to April 29, 2020, at 11:00 a.m. in courtroom 1675 of the United
States Bankruptcy Court for the Central District of California [Los
Angeles Division] located at 255 East Temple Street, Los Angeles,
California 90012, and

    (b) to extend the deadline for Shapphire Resources, LLC to file
and serve its amended disclosure statement and amended chapter 11
plan from February 12, 2020 March 11, 2020.

General Insolvency Counsel for SHAPPHIRE RESOURCES:

     RAYMOND H. AVER - SEN 109577
     LAW OFFICES OF RAYMOND H. AVER
     A Professional Corporation
     10801 National Boulevard, Suite 100
     Los Angeles, California 90064
     Telephone: (310) 571-3511
     E-mail: ray@averlaw.com

                   About Shapphire Resources

Shapphire Resources, LLC's principal assets are located at 2770
Cold Plains Drive Hacienda Heights, CA 91745.

Shapphire Resources previously filed for bankruptcy
protection(Bankr. C.D. Cal. Case No. 10-57493) on Nov. 4, 2010.

Shapphire Resources filed a Chapter 11 bankruptcy petition (Bankr.
C.D. Cal. Case No. 17-15033) on April 24, 2017.  In the petition
signed by Susan Tubianosa, manager, the Debtor was estimated to
have $1 million to $10 million in both assets and liabilities.  The
Hon. Neil W. Bason oversees the case.  The Law Offices of Raymond
H. Aver, a professional corporation, represents the Debtor.


SILGAN HOLDINGS: S&P Rates Sr. Unsecured Notes 'BB'; Outlook Neg.
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB' issue-level and '5' recovery
ratings (rounded estimate: 15%) to Silgan Holdings Inc.'s proposed
EUR500 million senior unsecured note due 2028. S&P has also raised
its issue-level ratings to 'BB' and revised its recovery ratings to
'5' (rounded estimate: 15%) on the company's existing unsecured
notes, which includes the proposed $200 million senior unsecured
notes add-on.

S&P affirmed its 'BB+' issuer credit rating on Silgan Holdings and
removed all ratings from CreditWatch with negative implications.

Silgan Holdings had earlier announced its $900 million acquisition
of Albea's dispensing business, which it expects to finance with a
committed $900 delayed-draw term loan.  The company is pursuing
EUR500 million senior unsecured notes and $200 million senior
unsecured notes add-on (Feb 2028 notes), with proceeds used to pay
down its existing term loan balance.

Positive acquisition fundamentals for Silgan Holdings Inc. include
expanded product breadth and exposure to beauty and personal care.
Overall, S&P views the business fundamental of the dispensing
acquisition positively. Silgan is acquiring an established business
that primarily services the beauty and personal care market. This
end market enjoys high and stable operating margins, supported by
its focus on premium consumer brands and applications, and it
should help drive modest operating margin accretion at Silgan over
time. The acquisition will also expand Silgan's product solutions
and help reduce its exposure to the metal container business, which
accounts for about 50% of pro forma sales.

The negative outlook reflects the possibility that S&P could lower
its rating if Silgan does not reduce adjusted debt to EBITDA to
below 4x over the next 12-18 months after the acquisition closes.
This could occur if Silgan experiences unexpected delays in synergy
realization, higher-than-estimated integration costs, declining
operating performance, or if it does not materially reduce debt as
expected.

"We could lower our issuer credit rating over the next 12-18 months
if delays in synergy realization, higher-than-expected integration
costs, or declining operating performance causes leverage to exceed
4x on a sustained basis. This could occur if Silgan's operating
margins deteriorate by 200 basis points (bps) from our base-case
scenario. We could also lower the rating if additional acquisition
spending or shareholder returns result in a delay in the
anticipated debt reduction," S&P said.

"We could revise our outlook to stable if Silgan achieves its
integration and synergy targets while maintaining current sales
volumes and aggressively paying down debt, enabling the company to
improve leverage to below 4x on a sustained basis over the next
12-18 months. This could occur if Silgan achieves our base-case
scenario," the rating agency said.


SIMBECK INC: Has Until April 17 to File Plan & Disc. Statement
--------------------------------------------------------------
On Jan. 22, 2020, the U.S. Bankruptcy Court for the Western
District of Virginia, Harrisonburg Division, held a status
conference for Debtor Simbeck, Inc.  On Feb. 4, 2020, Judge Rebecca
B. Connelly ordered that:

  * March 6, 2020, is the deadline for all creditors, other than
governmental units, holding or wishing to assert timely filed
claims against the Debtor.

  * March 30, 2020, is the deadline for all governmental units
holding or wishing to assert timely filed claims against the
Debtor.

  * Any creditor holding a claim which is listed in the Debtor’s
schedules must file a proof of claim in the event that the creditor
believes that the schedules incorrectly identify or classify any
aspect of the claim.

  * Any creditor who is required but fails to file a proof of claim
for its claim in accordance with this Order on or before the Bar
Date shall not be treated as a creditor with respect to such claim
for the purposes of voting on any plan or participating in any
distribution in the Debtor’s Chapter 11 case on account of such
claim.

  * April 17, 2020, is the deadline for the Debtor to file a
disclosure statement and plan.

A full-text copy of the plan dated February 4, 2020, is available
at https://tinyurl.com/s5mb3gp from PacerMonitor at no charge.

Counsel for the Debtor:

       Dale A. Davenport
       Hannah W. Hutman
       HOOVER PENROD PLC
       342 South Main Street
       Harrisonburg, Virginia 22801
       Tel: (540) 433-2444
       Fax: (540) 433-3916
       E-mail: ddavenport@hooverpenrod.com
               hhutman@hooverpenrod.com

                       About Simbeck Inc.

Simbeck, Inc. -- http://www.simbeckinc.com/-- is a transportation
company with experience in long-haul, regional, and short-haul
truckload freight. With a fleet of more than 70 trucks, Simbeck is
located along Interstate 81 in Northern Virginia providing the
Company access to all major shipping corridors along the east
coast; and from Virginia to Texas.

Simbeck, Inc., filed a Chapter 11 petition (Bankr. W.D. Va. Case
No. 19-50868) on Oct. 1, 2019, in Harrisonburg, Virginia. In the
petition signed by Michael Darnell, Jr., resident, the Debtor was
estimated to have assets of no more than $50,000 and liabilities at
$1 million to $10 million.  Judge Rebecca B. Connelly administers
the Debtor's case. HOOVER PENROD, PLC, represents the Debtor.


SIMPLICITY CATERERS: Feb. 26 Hearing on Disclosure Statement
------------------------------------------------------------
Judge Clifton R. Jessup Jr. has ordered that the matter(s)
scheduled  for a hearing on Disclosure Statement filed by
Simplicity Caterers, LLC, on Wednesday, Feb. 26, 2020 at 11:30 a.m.
have been reset and said matter(s) will be heard Wednesday, Feb.
26, 2020 at 11:00 a.m. at the Federal Building, 101 Holmes Ave,
Huntsville, AL 35801.

                 About Simplicity Caterers

Simplicity Caterers, LLC, is a government contractor located in
Huntsville, Alabama.  It manages the government's dining facility
for the National Guard in Smyrna, TN, under a federal contract.
Sole shareholder Stephanie Lanier formed the company on July 12,
2013.  

Simplicity Caterers sought Chapter 11 protection (Bankr. N.D. Ala.
Case No. 19-82798) on Sept. 17, 2019.

Attorneys for the Debtor:

     SPARKMAN, SHEPARD & MORRIS, P.C.
     P.O. Box 19045
     Huntsville, AL 35804
     Tel: (256) 512-9924
     Fax: (256) 512-9837


SIW HOLDING: Purchaser Liable to Chubb in Full
----------------------------------------------
Debtors SIW Holding Company, Inc., et al., and the Official
Committee of Unsecured Creditors filed the Second Amended Joint
Plan of Liquidation dated January 30, 2020.

The holders of Allowed General Unsecured Claims in Class VI, owed
$554,458, will share, on a pro rata basis, in the Debtors' Cash
remaining   after (i) the satisfaction of, or provision for, all
payments required to be made to Holders of Allowed Claims in
Classes I-V and the Unclassified Claims, if any, or the creation of
reserves for such amounts and (ii) any  reserve necessary for
wind-down expenses.  The Distribution will be made to this Class as
soon as reasonably practicable after the Effective Date by the
Debtors.

As to Insurance Claims, the Debtors and their estates waive any
rights and claims under or with respect to the Chubb Policies; the
Purchaser will not be entitled to coverage as an insured under the
Chubb Policies at any time without the express written consent of
Chubb; and any proceeds payable under the Chubb Policies issued
from and after March 31, 2012, will be paid to the Purchaser and
not to the Debtors or their estates or successors, provided,
however, that the Purchaser is liable in full to Chubb under the
Transferred Policies and such obligations will not be affected by
any provision in the Plan or Confirmation Order that grants a
release or an injunction or requires a party to opt out of any
release.

For the avoidance of doubt nothing in the Plan or this Confirmation
Order shall alter, amend, or otherwise modify the Chubb Policies or
that certain Stipulation Related to the Claims of ESIS, Inc. (the
ESIS Stipulation). Based upon the treatment of the Chubb Policies,
all proofs of claim filed by Chubb will be deemed automatically
withdrawn upon the Effective Date, and the Clerk of the Court and
the Debtors' claims agent are authorized to reflect this withdrawal
on the docket and claims register for the Cases.

A full-text copy of the Second Amended Joint Plan dated Jan. 30,
2020, is available at https://tinyurl.com/vrttdol from PacerMonitor
at no charge.

Counsel for the Debtors:

     POTTER ANDERSON & CORROON LLP
     Jeremy W. Ryan
     R. Stephen McNeill
     1313 North Market Street, Sixth Floor
     Wilmington, Delaware 19801
     Telephone: (302) 984-6000
     Facsimile: (302) 658-1192
     E-mail: jryan@potteranderson.com
             rmcneil@potteranderson.com

Counsel to the Official Committee of Unsecured Creditors:

     FOX ROTHCHILD LLP
     Thomas M. Horan
     919 North Market Street, Suite 300
     Wilmington, DE 19899-2323
     Telephone: (302) 654-7444
     Facsimile: (302) 656-8920
     E-mail: thoran@foxrothchild.com

             - and -

     Christina M. Sanfelippo
     321 North Clark Street, Suite 1600
     Chicago, IL 60654
     Telephone: (312) 980-3849
     Facsimile: (312) 980-3888
     Email: csanfelippo@foxrothschild.com

                   About SIW Holding Company

SIW Holding Company, Inc. fka WIS Holding Company and its
subsidiaries were in the business of providing outsourced inventory
verification services and retail merchandising services throughout
the United States and internationally. They provided physical
inventory verification for retail customers in order to manage and
deter inventory shrinkage and to comply with annual GAAP audit
requirements necessitating physical verification. They historically
provided those services to a diverse customer base, including large
retailers such as Walmart. As of Jan. 1, 2017, the Debtors operated
out of 189 offices in 42 U.S. States and nine Canadian provinces.
The Debtors closed the sale of substantially all of their assets to
Retail Services WIS, Corporation on June 8, 2017.

On July 2, 2018, WIS Holding Company, Inc., and certain of its
affiliates filed voluntary petitions for relief under Chapter 11 of
the U.S. Bankruptcy Code. The Debtors' bankruptcy cases are jointly
administered under Bankr. D. Del. Case No. 18-11579 and are pending
before the Honorable Christopher S. Sontchi.

The Debtors tapped Potter Anderson & Corroon LLP as counsel; and
JND Corporate Restructuring as claims agent. Cohnreznick, LLP, is
the tax advisor.


SOUTH ATLANTIC: Trustee Taps Bast Amron as Legal Counsel
--------------------------------------------------------
Scott Brown, the Chapter 11 trustee for South Atlantic Regional
Center, LLC, received approval from the U.S. Bankruptcy Court for
the Southern District of Florida to hire his own firm, Bast Amron,
LLP, as his legal counsel.

Bast Amron will provide the trustee with legal advice on a variety
of issues that must be addressed in the Debtor's Chapter 11 case.
The firm has not received a retainer.

Mr. Brown assures the court that he and his firm are "disinterested
persons" as defined in Section 101(14) of the Bankruptcy Code.

The counsel can be reached through:

     Scott N. Brown, Esq.
     Bast Amron LLP
     SunTrust International Center
     One Southeast Third Avenue, Suite 1400
     Miami, FL 33131
     Tel: 305-379-7904
     Fax: 305-379-7905

                   About South Atlantic Regional

South Atlantic Regional Center, LLC, is a Florida corporation owned
and managed by Joseph Wash, Sr. SARC is a United States Citizen and
Immigration Services-designated regional center.

South Atlantic Regional Center, LLC (Bankr. S.D. Fla. Case No.
19-25762) and its affiliates, USREDA (Bankr. S.D. Fla. Case No.
19-25780), United States Regional Economic Development Authority,
Inc. (Bankr. S.D. Fla. Case No. 19-25799) and Connect Insurance
Group, Inc. (Bankr. S.D. Fla. Case No. 19-25767), were subject to
involuntary Chapter 11 petitions filed by 160 Royal Palm, LLC in
November 2019.  The petitioning creditor is represented by
Shraiberg, Landau & Page, P.A.

Judge Erik P. Kimball oversees the case.

Scott Brown was appointed as Chapter 11 trustee for South Atlantic
Regional Center.  Bast Amron LLP is the trustee's legal counsel.


SPERLING RADIOLOGY: Taps Herrick Feinstein as Special Counsel
-------------------------------------------------------------
Sperling Radiology P.C., P.A. seeks approval from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Herrick Feinstein, LLP as its special counsel.

Herrick Feinstein will advise the Debtor on insurance
coverage-related matters and will represent the Debtor in a lawsuit
filed by creditor Alan Rosenthal in New York.

The firm's hourly rates are:

     Alan Kaplan, Esq.                $792
     Scott E. Mollen, Esq.            $922.50
     Associates                       $400 - $550

The firm received a security retainer in the amount of $25,000 on
Oct. 29, 2019, and another security retainer in the amount of
$15,000 on Nov. 25, 2019.

Scott Mollen, Esq., at Herrick Feinstein, assured the court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code.

Herrick Feinstein can be reached at:

     Stephen B. Selbst
     Herrick Feinstein LLP
     2 Park Avenue
     New York, NY 10016
     Tel: (212) 592-1400
     Fax: (212) 592-1500 (fax)
     Email: sselbst@herrick.com

                     About Sperling Radiology

Sperling Radiology P.C., P.A. is a privately held company in Delray
Beach, Fla., that offers radiology services.

Sperling Radiology filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No.
19-26480) on Dec. 10, 2019.  In the petition signed by Sam
Farbstein, chief operating officer, the Debtor was estimated to
have $1 million to $10 million in both assets and liabilities.
Judge Mindy A. Mora oversees the case.  Philip J. Landau, Esq. at
Shraiberg, Landau & Page, P.A., is the Debtor's counsel.


SPERLING RADIOLOGY: Taps Karen B. Schapira as Special Counsel
-------------------------------------------------------------
Sperling Radiology P.C., P.A. seeks approval from the U.S.
Bankruptcy Court for the Southern District of Florida to employ
Karen B. Schapira, PLLC, as its special counsel.

Schapira will be the Debtor's legal representative regarding
general health law.  The firm will be compensated as follows:

     a. Participation in the Legal Membership Program that provides
for unlimited communication between Dr. Sperling and the firm for a
flat fee of $1,350.00 per month;

     b. Participation in the LMP that provides for unlimited
communication between the practice and the firm for a flat fee of
$5,000 per month; and

     c. General representation for the Debtor at the rate of $425
per hour in 2019 and $450 per hour in 2020.

Karen Schapira, Esq. 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:

     Karen B. Schapira, Esq.
     Karen B. Schapira, PLLC
     4780 Hiatus Rd
     Sunrise, FL 33351
     Phone: +1 954-306-3372

                     About Sperling Radiology

Sperling Radiology P.C., P.A. is a privately held company in Delray
Beach, Fla., that offers radiology services.

Sperling Radiology filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No.
19-26480) on Dec. 10, 2019.  In the petition signed by Sam
Farbstein, chief operating officer, the Debtor was estimated to
have $1 million to $10 million in both assets and liabilities.
Judge Mindy A. Mora oversees the case.  Philip J. Landau, Esq. at
Shraiberg, Landau & Page, P.A., is the Debtor's counsel.


ST. JUDE: Court Preliminary Approves Disclosure Statement
---------------------------------------------------------
Judge Thomas J. Tucker has ordered that the Disclosure Statement
filed by ST. JUDE NURSING CENTER, INC., is granted preliminary
approval.

The deadline to return ballots on the First Amended Plan, as well
as to file objections to final approval of the Disclosure Statement
and objections to confirmation of the First Amended Plan, is March
16, 2020.

The hearing on objections to final approval of the Disclosure
Statement and confirmation of the First Amended Plan will be held
on March 25, 2020 at 11:00 a.m., in Room 1925, 211 W. Fort Street,
Detroit, Michigan.

No later than March 20, 2020, the Debtor must file a signed ballot
summary indicating the ballot count under 11 U.S.C. Sec. 1126(c)
and (d).

                      About St. Jude Nursing

St. Jude Nursing Center is a privately owned and licensed long-term
skilled nursing facility located at 34350 Ann Arbor Trail,Livonia,
Michigan 48150.  The Facility consists of 64 licensed beds, located
within the Debtor-owned facility.  The Facility offers services
such as skilled nursing care, hospice care, Alzheimer's and
dementia patient care, physical rehabilitation, tracheal and
enteral services, wound care, and short-term respite care.  

The Company previously sought bankruptcy protection on Feb. 18,
2016 (Bankr. E.D. Mich. Case No. 16-42116) and Feb. 22, 2012
(Bankr. E.D. Mich. Case No. 12-43956).

St. Jude Nursing Center, Inc., filed a Chapter 11 petition (Bankr.
E.D. Mich. Case No. 18-54906) on Nov. 2, 2018, and is represented
by Jeffrey S. Grasl, Esq., in Farmington Hills,Michigan.  In the
petition signed by Bradley Mali, president, the Debtor was
estimated to have $500,000 to $1 million in assets, and $1 million
to $10 million in liabilities as of the bankruptcy filing.


STARZ ACQUISITION: Exclusivity Period Extended to March 10
----------------------------------------------------------
The exclusivity period for Starz Acquisition, LLC to file a Chapter
11 plan and disclosure statement has been extended to March 10.

Starz Acquisition has experienced a seasonal fluctuation in demand,
which is expected to stabilize soon. The company said it is unable
to project its cash flow and propose a plan until such
stabilization occurs.

                      About Starz Acquisition

Starz Acquisition, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 19-09370) on Oct. 1,
2019.  At the time of the filing, the Debtor was estimated to have
assets ranging between $100,001 and $500,000 and liabilities
ranging between $500,001 and $1 million.  Judge Caryl E. Delano
oversees the case.  The petition was signed by David L. Virginia,
managing member.  The Debtor is represented by Michael R. Dal Lago,
Esq., at Dal Lago Law.


SUMMERBROOK DENTAL: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Summerbrook Dental Group, PLLC
        14991 E. Hampden Avenue #370
        Aurora, CO 80014

Business Description: Summerbrook Dental Group, PLLC
                      is a provider of dental and orthodontic
                      services.  It specializes in orthodontics,
                      emergency dentistry, cosmetic dentistry,
                      sedation dentistry, dental implants,
                      dentures, general dentistry, and TMJ.
                      Visit https://www.summerbrookdental.com
                      for more information.

Chapter 11 Petition Date: February 21, 2020

Court: United States Bankruptcy Court
       District of Colorado

Case No.: 20-11168

Judge: Hon. Joseph G. Rosania Jr.

Debtor's Counsel: Jeffrey S. Brinen, Esq.
                  KUTNER BRINEN, P.C.
                  1660 Lincoln Street, Suite 1850
                  Denver, CO 80264
                  Tel: 303-832-2400
                  E-mail: jsb@kutnerlaw.com

Total Assets: $857,002

Total Liabilities: $2,318,656

The petition was signed by James Craig, president.

A copy of the petition is available for free at PacerMonitor.com
at:

                     https://is.gd/a6xIu1


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

Tepa Properties, LLC, a company that manages commercial real
estate, filed a Chapter 11 petition (Bankr. S.D. Fla. Case No.
19-26228), on Dec. 3, 2019.  At the time of filing, the Debtor was
estimated to have $1 million to $10 million in assets and $1
million to $10 million in liabilities.  The petition was signed by
Gerardo Arquero Pereda, member manager.  Judge A. Jay Cristol
oversees the case.  The Debtor is represented by Clara G. Martinez,
Esq., at Clara Martinez Law PA.


THOMPSON NATIONAL: Proposes Liquidating Plan
--------------------------------------------
Thompson National Properties, LLC, has proposed a liquidation plan.


Although the Debtor is a real estate investor, the Debtor does not
directly own any real property.  The entities the Debtor owns
provide real estate investment opportunities and asset management
services.  The Debtor owns membership interest in the entities:

  1. TNP 12% Notes Program, LLC
       Total Asset = ($10,358,976.64)
       Total Liability = $6,062,626.12

  2. TNP Acquisitions, LLC
       Total Asset = $722,603.18
       Total Liability = $645,567.93

  3. TNP Morgan, LLC
       Total Asset = $171,689.10
       Total Liability = $141,180.56

  4. TNP Property Manager, LLC
       Total Assets = ($8,311,456.33)
       Total Liabilities = $754,346.48

  5. TNP 6700 Santa Monica Blvd Leaseco, LLC
       Total Assets = ($1,600.00)
       Total Liabilities = $0.00

  6. TNP Irving Square Leaseco, LLC
       Total Assets = $469,220.44
       Total Liabilities = $737,179.18

  7. TNP 3745 Pentagon Blvd Holdings LLC
       Total Assets = $425.00
       Total Liabilities = $0.00

  8. TNP 3745 Pentagon Blvd Leaseco LLC
       Total Assets = $1,255,398.94
       Total Liabilities = $687,065.63

  9. TNP Spring Gate Plaza Leasco, LLC
       Total Assets = $741,170.56
       Total Liabilities = $452,230.45

10. TNP Commercial Services, LLC
       Total Assets = $17,789.65
       Total Liabilities = $705.65

11. TNP 2008 Participating Notes Program, LLC
       Total Assets = ($13,310,995.94)
       Total Liabilities = $9,046,837.69

12. TNP Profit Participation Program, LLC
       Total Assets = ($2,449,913.22)
       Total Liabilities = $754,643.87

Under the Plan, the disbursing agent will make payments under the
Plan primarily from fees received from the Funding Entities
(estimated total of approximately $800,000 of which is encumbered
Cohen Judgment lien, and approximately $550,000 which is not
encumbered by any liens).  Proceeds derived from Post-Confirmation
Estate Claims (estimated amount unknown), if any, will also provide
funds for payment to Creditors.

Distributions to holders of Allowed Claims will be made as
follows:

   1. First, to pay Allowed Administrative Claims (tax return
preparation fees, UST quarterly fees, Disbursing Agent compensation
and Professional Fees) in full on the Effective Date unless the
holder of an Allowed Administrative Claim agrees to a different
treatment.

   2. Next to pay holders of Allowed Priority Tax Claims and
Allowed Priority Non-Tax Claims, if any, in an amount equal to the
Allowed amount of such Claims.

   3. Next to the holders of General Unsecured Claims, a Pro Rata
Share, including the unpaid balance of the Cohen Judgment.

   4. Funds received from the Funding Entities subject to the lien
of the Cohen Judgment will be paid on account of the Cohen
Judgment.

The Debtor's principal assets are its membership interest in
entities.  Through its membership interests in the Funding
Entities, the Debtor is estimated to generate approximately
$800,000 in disposition fees from the following events, which
disposition fees are subject to the lien under the Cohen Judgment.

Class 3 General Unsecured Claims against the Debtor total
$2,983,478.37. The class is IMPAIRED.  After payment of ongoing
operating expenses, Administrative Expenses (tax return preparation
fees, UST quarterly fees, Disbursing Agent compensation, and
Professional Fees), and Priority Tax Claims, the unencumbered cash
on hand and unencumbered funds to be received from the Funding
Entities and/or Post- Confirmation Estate Claims will be used to
pay Pro Rata Share to Allowed General Unsecured Claims, including
the unpaid balance of the Cohen Judgment.  The Disbursing Agent
shall make interim Pro Rata Share Distributions of Cash to holders
of Allowed Claims at least once each calendar year provided there
is at least $25,000 available for Distribution.

The Disclosure Statement hearing is scheduled for:

      Date: May 7, 2020
      Time: 11:00 a.m.
      Place: Courtroom 5C
      411 West Fourth Street
      Santa Ana, CA 92701

A full-text copy of the Disclosure Statement dated Feb. 12, 2020,
is available at https://tinyurl.com/vp8ot6j from PacerMonitor.com
at no charge.

Attorneys for the Debtor:

     Leonard M. Shulman
     SHULMAN BASTIAN LLP
     100 Spectrum Center Drive, Suite 600
     Irvine, California 92618
     Telephone: (949) 340-3400
     Facsimile: (949) 340-3000
     E-mail: Lshulman@shulmanbastian.com

                  About Strategic Realty Trust

Strategic Realty Trust, Inc. -- http://www.srtreit.com/-- is a
non-traded real estate investment trust which owns a portfolio of
primarily grocery anchored shopping centers.  The company's
portfolio consists of 19 shopping centers containing 1.9 million
square feet that are anchored by such grocers as Publix, Safeway
and Wal-Mart.

                           About TNP

TNP -- http://www.tnpre.com-- is a real estate advisory company,
specializing in acquisitions for high net worth investors and their
joint venture partners, along with 3rd party property management,
asset management and receivership advisory services.  Headquartered
in Costa Mesa, California, TNP was founded in April 2008 and has
three regional offices.  As of August 16, 2013, TNP manages a
portfolio of 106 commercial properties, in 24 states, totaling
approximately 11.02 million square feet, on behalf of over 6,000
investor/owners/lenders with an overall purchase value of $1.2
billion.

                     About TNP Strategic

TNP Strategic Retail Trust, Inc., was formed on Sept. 18, 2008, as
a Maryland corporation.  The Company believes it qualifies as a
real estate investment trust under the Internal Revenue Code of
1986, as amended, and has elected REIT status beginning with the
taxable year ended Dec. 31, 2009, the year in which the Company
began material operations.  The Company was initially capitalized
by the sale of 22,222 shares of common stock for $200,000 to
Thompson National Properties, LLC, on Oct. 16, 2008.

TNP Strategic's balance sheet at Sept. 30, 2012, showed $272.33
million in total assets, $197.98 million in total liabilities and
$74.34 million in total equity.

The Company reported a net loss of $11.63 million for the nine
months ended Sept. 30, 2012, compared with a net loss of $4.39
million for the same period a year ago.


TOSCA SERVICES: Moody's Assigns B2 CFR, Outlook Stable
------------------------------------------------------
Moody's Investors Service assigned first time ratings to Tosca
Services, LLC. including a B2 Corporate Family Rating, a B2-PD
Probability of Default Rating , a B2 senior secured first-lien term
loan rating and a B2 to the $75 million first-lien delayed draw
term loan. The outlook is stable. The proceeds from the new
facilities will be used to finance the acquisition of Polymer
Logistics N.V. and to refinance existing debt.

The B2 Corporate Family Rating reflects the integration and
operating risk inherent in the Polymer acquisition, small revenue
base, and projected weak free cash flow. The Polymer acquisition
will almost double Tosca's revenue and bring a substantial
international operation to a company that previously had none.
Additionally, the acquisition will increase exposure to the more
competitive European market. Leverage is low for the rating
category, but free cash flow is projected to be weak as capex
spending to support new business will remain elevated over the next
12 to 18 months.

Assignments:

Issuer: Tosca Services, LLC

Probability of Default Rating, Assigned B2-PD

Corporate Family Rating, Assigned B2

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

Senior Secured 1st Lien Delayed Draw Term Loan, Assigned B2 (LGD3)

Outlook Actions:

Issuer: Tosca Services, LLC

Outlook, Assigned Stable

The ratings are subject to the deal and acquisition closing as
proposed and the receipt and review of the final documentation.

RATINGS RATIONALE

Weaknesses in Tosca's credit profile include the small revenue
base, much larger rated competitor and concentration of sales. In
addition, the company has lengthy lags in its contractual price
adjustments, a high percentage of short-term contracts and large
capex requirements to support growth. Tosca also has exposure to
freight costs as the company pays shipping to its service centers
and these costs are not contractually passed-through. While the
large potentially addressable market for the company's services
offers growth opportunities, it also holds the potential for
changes in the competitive landscape.

Strengths in the Tosca's credit profile include 100% exposure to
food end markets, the sustainable, reusable packaging service
offering and large potentially addressable market. The company's
reusable packaging offers greater efficiency, reduced costs and
sustainability. Tosca operates in key food end markets including
meat, cheese, eggs, and produce. The company's top customers are
large well-known names and a significant proportion of evergreen
contracts.

The stable outlook reflects an expectation that Tosca will execute
on its integration and operating plans while maintaining adequate
liquidity.

An upgrade would require an increase in scale, continued strong
margins, and an improvement in free cash flow. Additionally, any
upgrade would also require good liquidity and a stable operating
and competitive environment.

The ratings could also be downgraded if there is deterioration in
the credit metrics, liquidity or the operating and competitive
environment. Additionally, acquisitions that alter the company's
business and operating profile or continued significant capex
spending that pressures free cash flow may also prompt a downgrade.
Specifically, the ratings could be downgraded if:

  -- Debt to EBITDA is above 5.5 times

  -- EBITA to interest expense is below 2.0 times

  -- Retained cash flow to net debt is below 10.0%

Tosca's adequate liquidity encompasses an expectation of weak free
cash flow over the next 12 months offset by good back up liquidity
from the $65 million asset-based revolver (not rated by Moody's).
The revolver expires in October 2022 and is expected to be undrawn
at close. The term loan also has a delayed draw facility of $75
million which could be used to fund the high projected capex
spending for growth (new business). The only financial covenant on
the facilities is a fixed charge coverage ratio of 1.0 time. The
company is expected to maintain good cushion under this covenant
over the next 12 months. Tosca has no significant seasonality in
its business. Term loan amortization is 1.0% annually ($2.5
million) and the facility is expected to have an excess cash flow
sweep. Most assets are fully encumbered by the secured debt leaving
little in the way of alternate liquidity. The nearest significant
debt maturity is the revolver in 2022.

Governance risks are heightened given Tosca's private-equity
ownership carries the risk of an aggressive financial policy, which
could include debt-funded acquisitions or dividends.

Headquartered in Atlanta, Georgia, Tosca Services, LLC (Tosca)
manages, reconditions and rents reusable packaging containers
(RPCs) for the perishable food industry including case ready meat,
eggs, cheese, poultry, and produce. The company serves a
diversified base of produce growers, protein processors, egg
suppliers, cheesemakers, and other participants in the perishables
supply chain including retailers. The company does not disclose
revenue or any financial information.

Headquartered in the Netherlands, Polymer Logistic N.V. (Polymer)
manages, reconditions, sells, and rents reusable containers for the
perishable food industry including case ready meat, eggs and
produce. The company does not disclose revenue or financial
information.

Pro forma revenue for the combined entity is not disclosed, but
Moody' considers the revenue base small. The majority of sales are
generated in the United States. Tosca has been owned by private
equity firm Apax Partners since 2017 and does not publicly disclose
revenue or any other financial information.

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


TOUCH OF HEAVEN: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
The Office of the U.S. Trustee on Feb. 18, 2020, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Touch of Heaven
Ministries, Inc.
  
               About Touch of Heaven Ministries

Touch of Heaven Ministries, Inc., based in Akron, OH, filed a
Chapter 11 petition (Bankr. N.D. Ohio Case No. 19-53062) on Dec.
31, 2019.  In the petition signed by Godess Clemons, chairwoman,
Board of Directors, the Debtor disclosed $1,517,368 in assets and
$1,688,729 in liabilities.  Judge Alan M. Koschik oversees the
case.  The Debtor hired Bates and Hausen, LLC as its legal counsel.


TRIUMPH GROUP: To Form "Systems & Support" Business Unit
--------------------------------------------------------
Triumph Group, Inc. will combine its Integrated Systems and Product
Support business units into one "Triumph Systems & Support"
business effective immediately.  Bill Kircher, current executive
vice president of Triumph Product Support, will become the
executive vice president of the new combined business unit
headquartered in Arlington Texas within the Dallas/Fort Worth
aerospace and defense hub.  Frank Dubey, current executive vice
president of Triumph Integrated Systems, will take on a special
advisory to the Office of the CEO defining strategic growth
opportunities for the company.

"As our customers' fleet size expands and newer aircraft enter
their early maintenance, repair, and overhaul phase, Triumph is
well position to supply both critical OEM components and full
life-cycle aftermarket support.  This combination will allow
Triumph to accelerate our aftermarket growth rate while simplifying
our structure to realize our fullest potential for our customers
and shareholders, said Dan Crowley, Triumph Group's president and
CEO.

"After several years of site, program, and business portfolio
rationalization, we are putting together the right people, products
and services to sustain long-term growth for our company.  As a
single business unit with comprehensive capabilities, Triumph
Systems & Support will offer new value propositions for our
customers and make it easier for them to partner with Triumph and
get the support they need.  Triumph Systems & Support combines 16
OEM component factories and 14 FAA Part 145 repair centers under
one management and customer support team to support growing
military and commercial aviation demands," Crowley said.

Triumph's new combined business unit will offer comprehensive
design, manufacture and overhaul capabilities for key aircraft
systems and components, including electronic controls, heat
exchangers, gearboxes, actuators, nacelles, engine accessories and
hydraulics.

The Company will report its financial results under the two
market-facing business unit structure -- Systems & Support and
Aerospace Structures -- as of the fourth quarter of its current
fiscal year, ending March 31, 2020.

                        About Triumph

Triumph Group, Inc. (www.triumphgroup.com), headquartered in
Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and
overhauls a broad portfolio of aerospace and defense systems,
components and structures.  The company serves the global aviation
industry, including original equipment manufacturers and the full
spectrum of military and commercial aircraft operators.

Triumph Group reported a net loss of $321.77 million for the year
ended March 31, 2019, following a net loss of $425.39 million for
the year ended March 31, 2018.

                           *   *   *

As reported by the TCR on Sept. 12, 2019, Moody's Investors Service
affirmed its Caa1 Corporate Family Rating on Triumph Group.  The
Caa1 Corporate Family Rating balances Triumph's high financial
leverage and expectations of weak cash generation against its
considerable scale and well-established presence as an aerospace
supplier.


UNIT CORP: David Merrill to Succeed Larry Pinkston as CEO
---------------------------------------------------------
As part of Unit Corporation's succession planning process initiated
in 2017, David T. Merrill was elected to succeed Larry D. Pinkston
as the Company's chief executive officer and president, effective
April 1, 2020.  Mr. Pinkston announced his retirement from his CEO
and President roles effective March 31, 2020, although he will
remain on Unit's Board of Directors.

Mr. Merrill joined the company in August 2003 and served as its
vice president of Finance until February 2004 when he was elected
to the position of chief financial officer and treasurer, positions
he held until November 2017.  He has served as the company's chief
operating officer since August 2017.

Larry Pinkston said: "David has performed in an exemplary fashion
in all of his earlier roles and is prepared to assume leadership of
the company."

David Merrill said: "I am thankful for Larry's leadership and
counsel over my nearly 17 years with the company.  Over the past
few years, I have been engaged in all operational aspects of the
company and its subsidiary companies.  As we move forward, we will
focus on overcoming the challenges that our company and industry
face.  We will use our strengths and strategic acumen, teamwork,
and focus to improve on our performance, and I look forward to many
future successes."
Michael Adcock, Unit's Board Chairman, said: "The Board would like
to express its appreciation to Larry for his steadfast leadership
since he assumed the Chief Executive Officer and President roles in
2005.  Larry began his career in 1981 and was named Chief Financial
Officer in 1989.  In his many roles, Larry strived to achieve the
best results for both the company and its shareholders.  After
nearly 39 years of service, Larry's retirement is very well
deserved.  We look forward to his continuing service on the Board
and wish him the best in his retirement."

                    About Unit Corporation

Unit Corporation -- http://www.unitcorp.com-- is a Tulsa-based,
publicly held energy company engaged through its subsidiaries in
oil and gas exploration, production, contract drilling, and gas
gathering and processing.  Unit's Common Stock is listed on the New
York Stock Exchange under the symbol UNT.

Unit Corporation reported a net loss attributable to the company of
$45.29 million for the year ended Dec. 31, 2018.  For the nine
months ended Sept. 30, 2019, Unit Corp reported a net loss
attributable to the company of $218.90 million.

                           *   *   *

As reported by the TCR on Nov. 15, 2019, Moody's Investors Service
downgraded Unit Corporation's Probability of Default Rating to
Ca-PD from B3-PD, Corporate Family Rating to Caa1 from B3, and
senior subordinated notes to Caa2 from Caa1.  The downgrade of the
PDR reflects Unit's proposed debt exchange offer, which Moody's
views to be a distressed exchange.  The Caa1 CFR and Caa2 rating on
the 2021 notes reflect Moody's view on expected recovery, which is
likely to be in the 80%-90% range. Prior to the exchange offer,
Unit was contending with depressed commodity prices, looming
maturities in a challenged refinancing environment and declining
cash flow, Moody's said.

As reported by the TCR on Jan. 21, 2020, Fitch Ratings downgraded
the Long-Term Issuer Default Rating of Unit Corporation to 'CC'
from 'CCC+'.  Fitch's downgrade and watch reflect the company's
heightened refinancing and liquidity risks associated with
pro-longed operational deterioration since its bond exchange
announcement.


USREDA LLC: Trustee Taps Genovese Joblove as Legal Counsel
----------------------------------------------------------
Sonya Slott, the Chapter 11 trustee for the United States Regional
Economic Development Authority, LLC, received approval from the
U.S. Bankruptcy Court for the Southern District of Florida to hire
Genovese Joblove & Battista, P.A. as her legal counsel.

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

     (a) advise the trustee of her rights, powers, and duties in
the Debtor's case;

     (b) assist in investigating the acts, conduct, assets,
liabilities and financial condition of the Debtor;

     (c) assist the trustee in her analysis of, and negotiations
with, the Debtor or any third party concerning matters related to,
among other things, the liquidation of assets and the viability of
any plan of reorganization;

     (d) assist and advise the trustee with respect to her
communications with the general creditor body;

     (e) represent the trustee at all hearings and other
proceedings;

     (f) review and analyze all applications, motions, orders,
statements of operations and schedules filed with the court;

     (g) assist the trustee in her consultation with the Debtor;

     (h) analyze claims of creditors and in negotiating with such
creditors; and

     (i) prepare pleadings and applications.

Genovese Joblove will be paid at these hourly rates:

     Attorneys           $575 to $475
     Paralegals          $195 to $175

Genovese Joblove will also be reimbursed for work-related expenses
incurred.

Glenn Moses, Esq., a partner at Genovese Joblove, 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:

     Glenn D. Moses, Esq.
     Genovese Joblove & Battista, P.A.
     100 Southeast Second Street, 44th Floor
     Miami, FL 33131
     Tel: (305) 349-2300
     Fax: (305) 349-2310

               About United States Regional Economic
                       Development Authority

United States Regional Economic Development Authority, LLC is a
Delaware limited liability company located in Royal Palm Beach,
Fla.  USREDA is a global processor of investment-based immigration,
and offers diversified investment opportunities.

USREDA (Bankr. S.D. Fla. Case No. 19-25780) and its affiliates,
South Atlantic Regional Center, LLC (Bankr. S.D. Fla. Case No.
19-25762), United States Regional Economic Development Authority,
Inc. (Bankr. S.D. Fla. Case No. 19-25799) and Connect Insurance
Group, Inc. (Bankr. S.D. Fla. Case No. 19-25767), were subject to
involuntary Chapter 11 petitions filed by 160 Royal Palm, LLC in
November 2019.  The petitioning creditor is represented by
Shraiberg, Landau & Page, P.A.  

Judge Erik P. Kimball oversees USREDA's case.

Sonya Slott was appointed as Chapter 11 trustee for USREDA.
Genovese Joblove & Battista, P.A. is the trustee's legal counsel.


VIP CINEMA: Case Summary & 30 Largest Unsecured Creditors
---------------------------------------------------------
Lead Debtor: VIP Cinema Holdings, Inc.
             101 Industrial Drive
             New Albany, MS 38652

Business Description: The Debtors comprise a multinational
                      enterprise that manufacturers luxury seating
                      products for movie theaters.  The Debtors
                      also offer an array of movie-theatre
                      services, including seat cleaning and
                      reupholstering, seat and slipcover
                      installation, and the provision of
                      replacement parts.  With headquarters,
                      offices, and services across the United
                      States, the United Kingdom, and Dubai, and
                      the provision of goods and services to many
                      of the leading movie theatres across the
                      world, the Debtors have a broad domestic and
                      global reach.  For more information, visit
                      https://www.vipcinemaseating.com.

Chapter 11 Petition Date: February 18, 2020

Court: United States Bankuptcy Court
       District of Delaware

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

     Debtor                                          Case No.
     ------                                          --------
     VIP Cinema Holdings, Inc. (Lead Case)           20-10345
     HIG Cinema Intermediate Holdings, Inc.          20-10346
     VIP Components, LLC                             20-10347
     VIP Cinema, LLC                                 20-10348
     VIP Property Management II, LLC                 20-10344

Judge: Hon. Mary F. Walrath

Debtors' Counsel:       Erin R. Fay, Esq.
                        Daniel N. Brogan, Esq.
                        Gregory J. Flasser, Esq.
                        BAYARD, P.A.
                        600 N. King Street, Suite 400
                        Wilmington, Delaware 19801
                        Tel: (302) 655-5000
                        Fax: (302) 658-6395
                        E-mail: efay@bayardlaw.com
                                dbrogan@bayardlaw.com
                                gflasser@bayardlaw.com

                          - and -

                        Gregg M. Galardi, Esq.
                        Cristine Pirro Schwarzman, Esq.
                        ROPES & GRAY LLP
                        1211 Avenue of the Americas
                        New York, New York 10036
                        Tel: (212) 596-9000
                        Fax: (212) 596-9090
                        E-mail: gregg.galardi@ropesgray.com
                                cristine.schwarzman@ropesgray.com

Debtors'
Investment Banker:      UBS SECURITIES LLC

Debtors'
Financial
Advisor:                AP SERVICES, LLC

Debtors'
Notice,
Claims, &
Balloting Agent
and Administrative
Advisor:                OMNI AGENT SOLUTIONS, INC.
                        https://is.gd/QYR97X

VIP Cinema Holdings'
Estimated Assets: $100 million to $500 million

VIP Cinema Holdings'
Estimated Liabilities: $100 million to $500 million

The petitions were signed by Stephen Spitzer, chief restructuring
officer.

A full-text copy of VIP Cinema Holdings's petition is available for
free at PacerMonitor.com at:

                       https://is.gd/RXhTO2

List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Oaktree Capital Management, LP   Secured Second     $45,000,000
1301 Ave of the Americas, 34th Fl   Lien Term Loan      *Principal
New York, NY 10019                                     Outstanding

2. Regal Cinemas, Inc.                Litigation          $898,840
101 E Blount Ave
Knoxville, TN 37920

3. Super Sagless                      Trade Debts         $304,779
2071 S Green St
Tupelo, MS 38804

4. Limoss US, LLC                     Trade Debts         $225,818
964 Hwy 45 N
Baldwyn, MS 38824

5. Gum Tree Fabrics                   Trade Debts         $225,463
P.O. Box 7278
Tupelo, MS 38802

6. DHL Global Forwarding              Trade Debts         $129,465
19120 Kenswick Dr
Humble, TX 77338

7. Southeastern Lumber Inc.           Trade Debts         $125,729
433 County Farm Rd
Waynesboro, MS 3936

8. Carpenter Co                       Trade Debts          $90,057
184 Lipford Ave
Verona, MS 38879

9. Sunrise Technologies               Trade Debts          $73,757
525 Vine St, Ste 210
Winston-Salem, NC 27101

10. Dimensional Innovations           Trade Debts          $73,203
3421 Merriam Ln
Overland Park, KS 66203

11. Pine Belt                         Trade Debts          $66,417
16 Keystone Dr
Hattiesburg, MS 39402

12. GF Hardwood                       Trade Debts          $30,450
9880 Clay County Hwy
Moss, TN 38575

13. Northern Contours, Inc.           Trade Debts          $26,304
409 S Robert St
Fergus Falls, MN 56537

14. Feilitech US LLC                  Trade Debts          $25,856
1279 County Rd 681
Saltillo, MS 38866

15. Raffel Systems/BJ Sales           Trade Debts          $22,845
   
N112W14600 Mequon Rd
Germantown, WI 53022

16. Abby Manufacturing                Trade Debts          $18,618
501 Pulliam Rd
Walnut, MS 38683

17. Whitaker Sales, Inc.              Trade Debts          $18,077
119 Midway Dr
Verona, MS 38879

18. Packsize, LLC                     Trade Debts          $17,532
29575 Network Pl
Chicago, IL 60673-1295

19. Omni Logistics                    Trade Debts          $17,175
921 W Bethel Rd, Bldg 200, Ste 201
Coppell, TX 75019

20. Norbord Inc.                      Trade Debts          $16,531
1 Toronto Way
Guntown, MS 38849

21. Quality Fibers, Inc.              Trade Debts          $16,278
858 Mitchell Rd
Tupelo, MS 38801

22. Southern Fastening Systems, Inc.  Trade Debts          $16,134
330 S Church St
Tupelo, MS 38801

23. Handy Kenlin Group                Trade Debts          $14,821
29 E Hintz Rd
Wheeling, IL 60090

24. Gen Pac, Inc.                     Trade Debts          $14,652
334 Whitaker Dr
Tupelo, MS 38804

25. Innovative Operational            Professional         $12,500
Solutions, Inc.                         Services
12038 E Mercer Ln
Scottsdale, AZ 8525

26. Gallagher Benefit Services, Inc.  Trade Debts          $11,500
2850 W Golf Rd, 5th Fl
Rolling Meadows, IL 60008

27. Great Southern Industries, Inc.   Trade Debts           $9,244
1320 Boling St
Jackson, MS 39209

28. Maco Logistics                    Trade Debts           $9,065
790 4th St
Memphis, TN 38126

29. UFI Royal Development             Trade Debts           $7,182
c/o United Furniture
325 Kettering Rd
High Point, NC 27263

30. Lippert Components, Inc.          Trade Debts           $7,176
3501 County Rd 6 E
Elkhart, IN 46514-7663


VIP CINEMA: Moody's Cuts Rating on 1st Lien Credit Facility to C
----------------------------------------------------------------
Moody's Investors Service downgraded all the ratings of VIP Cinema
Holdings, Inc., including the senior secured first lien credit
facility, comprising a revolving credit facility and term loan, to
C from Caa2, the senior secured second lien (term loan) credit
facility to C from Ca, the Probability of Default Rating (PDR) to
D-PD from Caa2-PD, and the Corporate Family Rating to C from Caa2.
The rating outlook was also changed to stable from negative. These
actions follow the company's commencement of Chapter 11 bankruptcy
proceedings filed in the United States Bankruptcy Court for
District of Delaware on February 18, 2020.

Moody's will withdraw all of VIP's ratings following the rating
action.

Downgrades:

Issuer: VIP Cinema Holdings, Inc.

Corporate Family Rating, Downgraded to C from Caa2

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

Senior Secured 1st Lien Bank Credit Facility, Downgraded to C
(LGD5) from Caa2 (LGD3)

Senior Secured 2nd Lien Bank Credit Facility, Downgraded to C
(LGD6) from Ca (LGD6)

Outlook Actions:

Issuer: VIP Cinema Holdings, Inc.

Outlook, Changed To Stable From Negative

RATINGS RATIONALE

The ratings, including the senior secured first and second lien
debt ratings at C, reflect Moody's view of an expected family
recovery of approximately 15%. The company plans to continue
operating while it restructures under Chapter 11 bankruptcy
protection, aided by a pre-packaged arrangement with its lenders
that (if court-approved) it expects to reduce existing debt by
about $178 million. Funded debt approximated $210 million as of
September 30, 2019, including about $165 million of first lien
debt, of which the $20 million revolver was fully drawn, and the
$45 million second lien term loan.

The principal methodology used in these ratings was Global
Manufacturing Companies published in June 2017.

VIP Cinema Holdings, Inc. (based in New Albany, Mississippi) is a
manufacturer of premium seating for movie theater companies
(exhibitors) in North America, primarily the United States. The
company has been majority-owned by funds affiliated with H.I.G.
Capital, a private equity firm, following a leveraged buyout in
February 2017. Revenues were approximately $86 million for the last
twelve months ended September 30, 2019.


VIZIENT INC: S&P Assigns 'BB-' Rating to New Term Loan B
--------------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '3'
recovery rating to Vizient Inc.'s new term loan B. The '3' recovery
rating indicates S&P's expectation for substantial (50%-70%;
rounded estimate: 55%) recovery in the event of a payment default.
The transaction will not affect Vizient's leverage because it will
use the proceeds from the new loan to repay its existing term loan
B.

"Our 'BB-' issuer credit rating indicates our expectation that
Vizient will maintain leverage of less than 4.5x. It also reflects
the company's leading, but specialized, focus as a group purchasing
organization (GPO) or a negotiator of supply contracts to hospitals
and other health care providers. We believe that the company will
generate more than $200 million of discretionary cash flow, which
we expect it to use for tuck-in acquisitions," S&P said.


WESTWIND MANOR: Unsecured Creditors to Get 10% in Plan
------------------------------------------------------
A hearing to consider approval of the Disclosure Statement
explaining the Chapter 11 Plan filed by WESTWIND MANOR RESORT
ASSOCIATION, INC., et al., and relief requested in the Disclosure
Statement Motion will commence on March 18, 2020 at 10:30 a.m.,
prevailing Central Time, before the Honorable David R. Jones,
United States Bankruptcy Court for the Southern District of Texas,
515 Rusk Avenue, Courtroom 400, Houston, Texas 77002.

March 11, 2020, is the date by which responses and objections, if
any, to approval of the Disclosure Statement must be filed and
served.

Westwind Manor Resort Association, Inc. and its affiliated debtors,
with the Official Committee of Unsecured Creditors, have proposed a
Plan of Reorganization for the Debtors.

The Plan is being proposed jointly by the Debtors and the
Committee. The Debtors and Committee expect an Effective Date for
the Plan in the second quarter of 2020.

The distributions to Allowed General Unsecured Creditors, LLC
Investors, and Convertible Noteholders will come from the sale of
golf courses, and the operating improvements and the efficient
management of the Golf Equipment Business.  The golf courses will
be operated for a period to improve values and ultimately will be
sold. The Golf Equipment Business will continue to be improved with
an intention to ultimately sell the business as a going concern.

The Debtors' creditors generally fall into five groups, called
classes, and will generally be treated as follows:

  * Secured Creditors with liens on golf courses:

    The Debtors estimate that there are approximately $3.77 Million
of claims in this class (approximately $3.6 Million in mortgages
and deeds of trust secured by real estate - referred to in the Plan
as Pre-Petition Secured Claims at addressed in Class 3), and
approximately $117,000 in real property tax claims also secured by
real estate (referred to in the Plan as Priority Tax Claims –
which are not assigned a Class number). The estimate of claims in
this Class excludes claims the Debtors anticipate will be deemed
unsecured and/or disallowed. Each Secured Creditor will have a
separate treatment, which can include the reinstatement of the
claim with continued payments over time, surrender of the
collateral in full satisfaction of the claim, or restructured
payment terms.

  * Creditors - suppliers of goods and services to the Debtors’
businesses:

    The Debtors estimate that there are approximately $4 Million of
claims in this class. The estimate of claims in this Class excludes
claims the Debtors anticipate will be deemed disallowed. Trade
Creditors will receive a pro rata interest in the Creditor Trust
along with the LLC Investors and the holders of the Convertible
Notes. As distributions are made by the Creditor Trust – in the
Determined Distribution
Amount - Trade Creditors, as a class, will receive 10% of the
Determined Distribution Amount until Trade Creditors have received
100% of the amount of their Allowed Claims, without interest (the
remaining 90% will be distributed to LLC Investors and Convertible
Noteholders).

  * LLC Investors in the LLCs created to own and operate golf
courses:

    The Debtors estimate that there are approximately $101 Million
of claims in this class. LLC Investors will receive a pro rata
interest in the Creditor Trust along with the Trade Creditors and
the holders of the Convertible Notes. The LLC Investors’ pro rata
amount of the Creditor Trust will be based upon the amount of their
original investment less any distributions and interest received
and not the amount of the Pro Rata Note they received. As
distributions are made by the Creditor Trust – in the Determined
Distribution Amount – LLC Investors and Convertible Noteholders,
each as a class, will share, on a pro rata basis, in 90% of the
Determined Distribution Amount (and 100% of the Determined
Distribution Amount after Trade Creditors have been paid 100% of
their Allowed Claims).

  * Holders of Convertible Notes issued by Warrior Acquisitions,
LLC ("Acquisitions"):

    The Debtors estimate that there are approximately $5.5 Million
of claims in this class. Convertible Noteholders will assign to the
Creditor Trust claims they hold based upon their purchase of the
Convertible Notes. The Convertible Noteholders will receive a pro
rata interest in the Creditor Trust along with the Trade Creditors
and the LLC Investors. Convertible Noteholders’ pro rata amount
of the Creditor Trust will be based upon the amount of their
original investment less any distributions and interest received.
As distributions are made by the Creditor Trust – in the
Determined Distribution Amount – LLC Investors and Convertible
Noteholders, each as a class, will share, on a pro rata basis, in
90% of the Determined Distribution Amount (and 100% of the
Determined Distribution Amount after Trade Creditors have been paid
100% of the Allowed Claims). LLC Investors and Convertible
Noteholders will receive all net value of the Creditor Trust (after
Trade Creditors have been paid 100% of the Allowed Claims).

  * Holders of Allowed General Unsecured Claims.

    The holders of Allowed General Unsecured Claims will receive
the Class A Interests in the Creditor Trust. The Class A Interests
shall receive, on a pro rata basis, an aggregate amount equal to
10% of the Determined Distribution Amount until the Class A
Interests have been paid in full, without interest.  The 10% of the
Determined Distribution Amount, to be distributed to the holders of
the Class A Interests, is based upon a settlement (as addressed by
the Debtors and the Committee) of the competing interests of
holders of Allowed Claims in Classes A, B and C, and provides
General Unsecured Creditors with approximately 2.75 times the
pro-rata share of 3.638% they would receive if Classes A, B and C
were each treated ratably.

A full-text copy of the Disclosure Statement dated February 12,
2020, is available at https://tinyurl.com/t65xpev from
PacerMonitor.com at no charge.

Counsel for the Debtors:

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

           About Westwind Manor Resort Association

Westwind Manor Resort Association, Inc., and its subsidiaries
operate two distinct business segments. Warrior Custom Golf focuses
on the manufacture and sale of custom golf clubs. Warrior
Acquisitions manages affiliates, like Warrior Golf, LLC, which own
and manage golf courses.

Warrior Custom Golf was founded in 1998 by Brendan Flaherty. It
develops, manufactures, markets and sells affordable custom golf
clubs and related equipment worldwide. Warrior Custom Golf's
products are custom built to the specifications of each customer.
Warrior Acquisitions is the manager of six entities that own and
operate 18 golf courses and parcels of land located throughout the
United States. Both segments of the business are headquartered in
Irvine, Calif.

Westwind Manor Resort Association and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Lead Case No. 19-50026) on March 4, 2019.

The Debtors were estimated to have both assets and debt between $1
million and $10 million.

The cases are assigned to Judge David R. Jones.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel; Sidley
Austin LLP, as special counsel; ForceTen Partners LLC as financial
advisor; and Donlin, Recano & Company, Inc. as claims and noticing
agent.

Henry Hobbs Jr., the acting U.S. trustee for Region 7, appointed an
official committee of unsecured creditors on March 19, 2019.  The
committee is represented by Cozen O'Connor.


WIEDER REALTY: May 12 Filing Deadline of Plan and Disclosures
-------------------------------------------------------------
Judge Scott M. Grossman has ordered that Wieder Realty, Inc., must
file a Plan and Disclosure Statement on or before May 12, 2020.

If the Debtor fails to file a Plan and a Disclosure Statement on or
before the Filing Deadline, the Court may set a hearing to
determine whether this case should be dismissed or converted
pursuant to 11 U.S.C. Sec. 1112(b).

If a Plan is not confirmed at the Confirmation Hearing, the Court
will consider whether the case should be dismissed or converted
under 11 U.S.C. Sec. 1112(b).

The deadline for any Creditor (other than a governmental unit) or
equity security holder whose claim or interest is not scheduled or
is scheduled as disputed, contingent, or unliquidated, is April 13,
2020.

To date the Debtor has failed to file (i) a duly attested corporate
resolution (or other appropriate authorization) authorizing the
filing of the above-captioned chapter 11 case and (ii) a fully
completed chapter 11 case management summary (the "Filing
Deficiencies"). The Debtor must correct the Filing Deficiencies.

A full-text copy of the Order dated Feb. 12, 2020, is available at

https://tinyurl.com/yxywudwy from PacerMonitor.com at no charge

                     About Wieder Realty

Wieder Realty, Inc., a/k/a Century 21 Wide Realty, filed a Chapter
11 bankruptcy petition (Bankr. S.D. Fla. Case No. 20-10433) on Jan.
13, 2020, disclosing under $1 million in both assets and
liabilities.  The Debtor is represented by Brian S. Behar, Esq., of
Behar Gutt & Glazer, P.A.


WMG ACQUISITION: Moody's Assigns 'Ba3' CFR, Outlook Stable
----------------------------------------------------------
Moody's Investors Service assigned to WMG Acquisition Corp. a Ba3
Corporate Family Rating and Ba3-PD Probability of Default Rating.
In connection with this rating action, Moody's affirmed Acquisition
Corp.'s senior secured notes and senior secured term loan ratings
at Ba3 and upgraded the senior unsecured notes to B2 from B3.
Concurrently, Moody's withdrew the B1 CFR, B1-PD PDR and stable
outlook from WMG Holdings Corp. Acquisition Corp.'s rating outlook
is stable.

Acquisition Corp. is a direct wholly-owned subsidiary of WMG
Holdings Corp. and an indirect wholly-owned subsidiary of Warner
Music Group Corp. WMG guarantees the note obligations at
Acquisition Corp. and produces consolidating financial statements
that separately break out Acquisition Corp. Moody's transitioned
the CFR to Acquisition Corp. from Holdings because Acquisition
Corp. is currently the senior-most debt-issuing entity within the
WMG corporate structure and WMG's debts reside at Acquisition Corp.
The Ba3 ratings on the secured notes and term loan match the CFR to
reflect the preponderance of secured debt in WMG's capital
structure (nearly 90%) and Moody's expectation that this secured
class will remain the vast majority of debt over the rating
horizon. The B2 rating on the senior unsecured notes reflects their
lack of security interest in the collateral package and structural
subordination to the secured debt obligations.

Following is a summary of the rating actions:

Assignments:

Issuer: WMG Acquisition Corp.

Corporate Family Rating, Assigned Ba3

Probability of Default Rating, Assigned Ba3-PD

Ratings Affirmed:

Issuer: WMG Acquisition Corp.

$1.326 Billion Outstanding Senior Secured Term Loan due 2023,
Affirmed Ba3 (LGD3)

$300 Million 5.000% Senior Secured Notes due 2023, Affirmed Ba3
(LGD3)

EUR311 Million 4.125% Senior Secured Notes due 2024, Affirmed Ba3
(LGD3)

$220 Million 4.875% Senior Secured Notes due 2024, Affirmed Ba3
(LGD3)

EUR445 Million 3.625% Senior Secured Notes due 2026, Affirmed Ba3
(LGD3)

Ratings Upgraded:

Issuer: WMG Acquisition Corp.

$325 Million 5.500% Senior Unsecured Notes due 2026, Upgraded to B2
(LGD6) from B3 (LGD6)

Ratings Withdrawn:

Issuer: WMG Holdings Corp.

Corporate Family Rating, Withdrawn, previously B1

Probability of Default Rating, Withdrawn previously B1-PD

Outlook Actions:

Issuer: WMG Acquisition Corp.

Outlook, Remains Stable

Issuer: WMG Holdings Corp.

Outlook, Withdrawn, previously Stable

RATINGS RATIONALE

The Ba3 CFR reflects Moody's expectation that Acquisition Corp.'s
ultimate parent, Warner Music Group Corp., will experience 8%-10%
revenue growth driven by continued strong secular adoption of
digital music streaming services by consumers, especially in
underpenetrated overseas markets. Moody's projects WMG will improve
financial leverage and operate with total debt to EBITDA in the 4x
area (as calculated by Moody's) by the end of 2020, buoyed by
EBITDA growth and adjusted EBITDA margins improving to the upper
end of the 16%-20% range (as calculated by Moody's). The company
will benefit from extending into new markets for licensing music
content, expanding global scale and improving operating
efficiencies. WMG recently filed a Form S-1 to publicly list a
portion of its common shares. While WMG will continue to be a
controlled company owned by Access Industries, a public listing
will give the company access to an additional source of capital.
Moody's views the IPO positively because WMG will no longer rely
exclusively on the debt or private capital markets for investment
and growth opportunities and corporate governance will likely
improve after its shares are listed publicly.

The Ba3 rating is bolstered by WMG's position as the world's third
largest music industry player. WMG is experiencing share gains
supported by an extensive recorded music library and music
publishing assets, which drive recurring revenue streams. The
company benefits from the music industry's fifth consecutive year
of growth expected in 2019 as listeners globally increasingly
subscribe to on-demand music streaming services and streaming
platforms grow their demand to license WMG's music content. The
company's business model, in which the bulk of revenue is generated
by proven artists or its music catalog (less volatile) combined
with ongoing investments in new recording artist and songwriter
development to institutionalize a pipeline of recurring hit songs,
helps moderate recorded music volatility. WMG maintains an
attractive music catalog, with over 1 million copyrights from more
than 70,000 songwriters and composers, and good geographic
diversity and monetization characteristics.

The rating is constrained by WMG's historically variable and
seasonal recorded music revenue (about 85% of revenue), albeit
increasingly less cyclical in large digital streaming markets,
coupled with low visibility into results of upcoming release
schedules as well as anticipated deceleration and/or declines in
certain revenue segments (i.e., physical media and digital
downloads). Potential headwinds from the slow transition from
physical to digital among a few large countries and the music
industry's revenue challenges that prevent full maximization of
content value from user-uploaded videos to WMG's songwriters and
rights holders also weigh on the rating.

A social impact that Moody's considers in WMG's credit profile is
consumers' increasing usage of on-demand music streaming services.
Given that WMG is one of a handful of leading providers of highly
desirable music content, the streaming providers have no other
choice but to license WMG's content for their platforms to remain
competitive and ensure listeners have access to their favorite
songs. This will continue to benefit WMG and support solid revenue
and EBITDA growth fundamentals over the next several years. Though
WMG is owned by a private industrial group, Moody's views
governance risk to be moderate compared to issuers owned by
traditional private equity sponsors given that Access Industries
has exhibited a fairly prudent financial strategy and deleveraging
track record at WMG. Further, Moody's expects governance to improve
after the IPO given the expected accountability to public owners.

Moody's expects that WMG will maintain good liquidity supported by
cash levels of at least $150 million (cash balances were $462
million at December 31, 2019), access to the unrated $180 million
revolving credit facility maturing January 2023 (currently undrawn)
and free cash flow generation of $200-$275 million over the next 12
months. Following the anticipated IPO, Moody's expects WMG to
revise its dividend policy to institute a regular dividend for all
four quarters and terminate the prior policy of a regular quarterly
dividend in Q1 through Q3 and variable dividend in Q4. This will
produce more predictable free cash flow.

The stable outlook reflects Moody's expectation for continued
improvement in recorded music industry fundamentals combined with
WMG's position as the world's third largest music content provider
with global diversification and an enhanced recorded music
repertoire. Moody's projects EBITDA growth to be driven by improved
margins as a result of robust streaming revenue growth, increasing
value of WMG's music content, realization of synergies and solid
returns from: (i) investments in artists and marketing, branding
and merchandising; (ii) enhancements to the company's IT systems
infrastructure and analytics; (iii) declines in lower margin
physical media; and (iv) elimination of the management fee paid to
Access Industries.

Ratings could be upgraded if WMG exhibits sustained revenue growth
in the recorded music business, EBITDA margin expansion, continued
decrease in earnings volatility and higher returns on investments.
Upward pressure on ratings could also occur if Moody's expects
total debt to EBITDA will be sustained below 3.5x (Moody's
adjusted) with free cash flow to debt of at least 7.5% (Moody's
adjusted). Ratings could be downgraded if competitive or pricing
pressures lead to a decline in revenue or higher operating expenses
(e.g., increased artist and repertoire (A&R) investments), EBITDA
margins contract or sizable debt-financed acquisitions raises debt
to EBITDA to above 4.5x (Moody's adjusted) for an extended period
of time. There would be downward pressure on ratings if EBITDA or
liquidity were to weaken resulting in free cash flow to debt
sustained below 5% (Moody's adjusted).

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

With headquarters in New York, NY, WMG Acquisition Corp. is a an
indirect wholly-owned subsidiary of privately-held Warner Music
Group Corp., a leading music content provider operating
domestically and overseas. Excluding corporate overhead and
eliminations, recorded music accounts for roughly 85% of revenue
while music publishing accounts for about 15%. Based on WMG's
current library, the company's diverse catalog includes 13 of the
top 50 best-selling albums of all time in the US and a library of
over 1 million copyrights from more than 70,000 songwriters and
composers. Access Industries, Inc., a privately-held industrial
group, acquired WMG for approximately $3.3 billion in July 2011.
WMG's revenue totaled $4.5 billion for the twelve months ended
December 31, 2019.


[^] BOND PRICING: For the Week from February 17 to 21, 2020
-----------------------------------------------------------

  Company                   Ticker  Coupon Bid Price   Maturity
  -------                   ------  ------ ---------   --------
24 Hour Fitness
  Worldwide Inc             HRFITW   8.000    49.940   6/1/2022
24 Hour Fitness
  Worldwide Inc             HRFITW   8.000    49.904   6/1/2022
Approach Resources Inc      AREX     7.000     1.863  6/15/2021
BPZ Resources Inc           BPZR     6.500     3.017   3/1/2049
Bank of America Corp        BAC      1.519    99.850  2/26/2020
Bon-Ton Department
  Stores Inc/The            BONT     8.000    10.000  6/15/2021
Bristow Group Inc           BRS      6.250     5.751 10/15/2022
Bristow Group Inc           BRS      4.500    12.150   6/1/2023
Buffalo Thunder
  Development Authority     BUFLO   11.000    50.447  12/9/2022
Calfrac Holdings LP         CFWCN    8.500    29.523  6/15/2026
Calfrac Holdings LP         CFWCN    8.500    29.749  6/15/2026
California Resources Corp   CRC      8.000    28.099 12/15/2022
California Resources Corp   CRC      6.000    23.382 11/15/2024
California Resources Corp   CRC      5.500    42.745  9/15/2021
California Resources Corp   CRC      8.000    30.060 12/15/2022
California Resources Corp   CRC      6.000    23.401 11/15/2024
Chaparral Energy Inc        CHAP     8.750    27.817  7/15/2023
Chaparral Energy Inc        CHAP     8.750    28.077  7/15/2023
Chukchansi Economic
  Development Authority     CHUKCH   9.750    49.533  5/30/2020
Chukchansi Economic
  Development Authority     CHUKCH  10.250    49.500  5/30/2020
Citigroup Global Markets
  Holdings Inc/
  United States             C        4.000    99.682  8/28/2027
DFC Finance Corp            DLLR    10.500    67.125  6/15/2020
DFC Finance Corp            DLLR    10.500    67.125  6/15/2020
Dean Foods Co               DF       6.500    13.031  3/15/2023
Dean Foods Co               DF       6.500    19.750  3/15/2023
EP Energy LLC / Everest
  Acquisition Finance Inc   EPENEG   9.375     2.750   5/1/2024
EP Energy LLC / Everest
  Acquisition Finance Inc   EPENEG   8.000     2.000  2/15/2025
EP Energy LLC / Everest
  Acquisition Finance Inc   EPENEG   6.375     0.500  6/15/2023
EP Energy LLC / Everest
  Acquisition Finance Inc   EPENEG   9.375     2.255   5/1/2024
EP Energy LLC / Everest
  Acquisition Finance Inc   EPENEG   8.000     1.768  2/15/2025
Energy Conversion
  Devices Inc               ENER     3.000     7.875  6/15/2013
Exela Intermediate LLC /
  Exela Finance Inc         EXLINT  10.000    39.134  7/15/2023
Exela Intermediate LLC /
  Exela Finance Inc         EXLINT  10.000    40.261  7/15/2023
Federal Farm Credit Banks
  Funding Corp              FFCB     2.740    99.629 11/12/2030
Federal Farm Credit
  Banks Funding Corp        FFCB     1.810    99.400  6/14/2021
Federal Home Loan Banks     FHLB     2.300    99.681  9/30/2024
Federal Home Loan Banks     FHLB     2.440    99.603  9/23/2025
Federal Home Loan Banks     FHLB     2.050    99.586 11/24/2021
Federal Home Loan Banks     FHLB     1.570    99.777 11/25/2020
Federal Home Loan Banks     FHLB     1.820    99.448 11/24/2021
Federal Home Loan
  Mortgage Corp             FHLMC    2.100    99.820 11/25/2024
Federal Home Loan
  Mortgage Corp             FHLMC    2.045    99.797  8/26/2024
Federal Home Loan
  Mortgage Corp             FHLMC    1.900    99.866 11/25/2022
Ferrellgas Partners LP /
  Ferrellgas Partners
  Finance Corp              FGP      8.625    45.455  6/15/2020
Ferrellgas Partners LP /
  Ferrellgas Partners
  Finance Corp              FGP      8.625    47.434  6/15/2020
Fleetwood Enterprises Inc   FLTW    14.000     3.557 12/15/2011
Foresight Energy LLC /
  Foresight Energy
  Finance Corp              FELP    11.500     2.563   4/1/2023
Foresight Energy LLC /
  Foresight Energy
  Finance Corp              FELP    11.500     3.153   4/1/2023
Fresh Market Inc/The        TFM      9.750    48.825   5/1/2023
Fresh Market Inc/The        TFM      9.750    48.907   5/1/2023
Frontier
  Communications Corp       FTR     10.500    49.183  9/15/2022
Frontier
  Communications Corp        FTR      8.500    49.721  4/15/2020
Frontier
  Communications Corp        FTR      6.250    48.605  9/15/2021
Frontier
  Communications Corp        FTR      8.750    49.141  4/15/2022
Frontier
  Communications Corp        FTR      9.250    49.195   7/1/2021
Frontier
  Communications Corp        FTR      8.875    47.908  9/15/2020
Frontier
  Communications Corp        FTR     10.500    49.090  9/15/2022
Frontier
  Communications Corp        FTR     10.500    49.090  9/15/2022
Global Eagle
  Entertainment Inc          ENT      2.750    39.918  2/15/2035
Goodman Networks Inc         GOODNT   8.000    48.500  5/11/2022
Grizzly Energy LLC           VNR      9.000     6.000  2/15/2024
Grizzly Energy LLC           VNR      9.000     6.000  2/15/2024
HSBC USA Inc                 HSBC     3.301    99.411  2/26/2020
Hornbeck Offshore
  Services Inc               HOSS     5.000    39.281   3/1/2021
International Wire
  Group Inc                  ITWG    10.750    95.000   8/1/2021
International Wire
  Group Inc                  ITWG    10.750    94.818   8/1/2021
Jonah Energy LLC /
  Jonah Energy
  Finance Corp               JONAHE   7.250    28.000 10/15/2025
Jonah Energy LLC /
  Jonah Energy
  Finance Corp               JONAHE   7.250    27.064 10/15/2025
Liberty Media Corp           LMCA     2.250    58.000  9/30/2046
MAI Holdings Inc             MAIHLD   9.500    20.243   6/1/2023
MAI Holdings Inc             MAIHLD   9.500    20.243   6/1/2023
MAI Holdings Inc             MAIHLD   9.500    20.243   6/1/2023
MF Global Holdings Ltd       MF       9.000    15.605  6/20/2038
MF Global Holdings Ltd       MF       6.750    15.625   8/8/2016
Mashantucket Western
  Pequot Tribe               MASHTU   7.350    16.000   7/1/2026
Mashantucket Western
  Pequot Tribe               MDR     10.625    14.000   5/1/2024
Mashantucket Western
  Pequot Tribe               MDR     10.625    14.000   5/1/2024
Morgan Stanley               MS       4.101    99.521   3/1/2020
Murray Energy Corp           MURREN  12.000     0.935  4/15/2024
Murray Energy Corp           MURREN  12.000     0.935  4/15/2024
NWH Escrow Corp              HARDWD   7.500    53.152   8/1/2021
NWH Escrow Corp              HARDWD   7.500    53.152   8/1/2021
Neiman Marcus Group
  LTD LLC / Neiman Marcus
  Group LLC / Mariposa
  Borrower / NMG             NMG      8.000    32.786 10/25/2024
Neiman Marcus Group
  LTD LLC / Neiman Marcus
  Group LLC / Mariposa
  Borrower / NMG             NMG      8.750    33.679 10/25/2024
Neiman Marcus Group
  LTD LLC / Neiman Marcus
  Group LLC / Mariposa
  Borrower / NMG             NMG      8.000    32.580 10/25/2024
Neiman Marcus Group
  LTD LLC / Neiman Marcus
  Group LLC / Mariposa
  Borrower / NMG             NMG      8.750    33.397 10/25/2024
New Gulf Resources LLC/
  NGR Finance Corp           NGREFN  12.250     3.890  5/15/2019
Northwest Hardwoods Inc      HARDWD   7.500    45.000   8/1/2021
Northwest Hardwoods Inc      HARDWD   7.500    50.719   8/1/2021
OMX Timber Finance
  Investments II LLC         OMX      5.540     0.573  1/29/2020
Optimas OE Solutions
  Holding LLC / Optimas
  OE Solutions Inc           OPTOES   8.625    60.058   6/1/2021
Optimas OE Solutions
  Holding LLC / Optimas
  OE Solutions Inc           OPTOES   8.625    60.058   6/1/2021
Pioneer Energy
  Services Corp              PESX     6.125    24.933  3/15/2022
Powerwave Technologies Inc   PWAV     1.875     0.019 11/15/2024
Pyxus International Inc      PYX      9.875    49.790  7/15/2021
Pyxus International Inc      PYX      9.875    54.000  7/15/2021
Pyxus International Inc      PYX      9.875    49.688  7/15/2021
Renco Metals Inc             RENCO   11.500    24.875   7/1/2003
Rolta LLC                    RLTAIN  10.750     9.000  5/16/2018
Sable Permian Resources
  Land LLC / AEPB
  Finance Corp               AMEPER   7.125    16.413  11/1/2020
Sable Permian Resources
  Land LLC / AEPB
  Finance Corp               AMEPER   7.125    16.413  11/1/2020
Sable Permian Resources
  Land LLC / AEPB
  Finance Corp               AMEPER   7.375    16.500  11/1/2021
Sable Permian Resources
  Land LLC / AEPB
  Finance Corp               AMEPER   7.375    16.500  11/1/2021
Sanchez Energy Corp          SNEC     7.750     3.750  6/15/2021
Sanchez Energy Corp          SNEC     6.125     3.625  1/15/2023
SandRidge Energy Inc         SD       7.500     0.500  2/15/2023
Sears Holdings Corp          SHLD     8.000     1.030 12/15/2019
Sears Holdings Corp          SHLD     6.625     5.995 10/15/2018
Sears Holdings Corp          SHLD     6.625     6.412 10/15/2018
Sears Roebuck
  Acceptance Corp            SHLD     6.500     0.945  12/1/2028
Sears Roebuck
  Acceptance Corp            SHLD     7.500     1.079 10/15/2027
Sears Roebuck
  Acceptance Corp            SHLD     7.000     1.017   6/1/2032
Sears Roebuck
  Acceptance Corp            SHLD     6.750     0.730  1/15/2028
Sempra Texas Holdings Corp   TXU      5.550    13.500 11/15/2014
Stearns Holdings LLC         STELND   9.375    45.402  8/15/2020
Stearns Holdings LLC         STELND   9.375    45.402  8/15/2020
Summit Midstream
  Partners LP                SMLP     9.500    51.563N/A
Tapstone Energy LLC /
  Tapstone Energy
  Finance Corp               TAPENE   9.750     0.690   6/1/2022
Tapstone Energy LLC /
  Tapstone Energy
  Finance Corp               TAPENE   9.750     0.831   6/1/2022
Techniplas LLC               TECPLS  10.000    62.500   5/1/2020
Techniplas LLC               TECPLS  10.000    83.055   5/1/2020
Teligent Inc/NJ              TLGT     4.750    34.750   5/1/2023
TerraVia Holdings Inc        TVIA     5.000     4.644  10/1/2019
TerraVia Holdings Inc        TVIA     6.000     4.644   2/1/2018
Tesla Energy
  Operations Inc/DE          TSLAEN   3.600    97.556  3/19/2020
Tesla Energy
  Operations Inc/DE          TSLAEN   3.600    90.219  3/26/2020
Tesla Energy
  Operations Inc/DE          TSLAEN   3.600    90.388  4/23/2020
Transworld Systems Inc       TSIACQ   9.500    25.462  8/15/2021
Transworld Systems Inc       TSIACQ   9.500    25.462  8/15/2021
UCI International LLC        UCII     8.625     4.780  2/15/2019
Ultra Resources Inc/US       UPL      6.875    10.750  4/15/2022
Ultra Resources Inc/US       UPL      7.125     6.732  4/15/2025
Ultra Resources Inc/US       UPL      6.875    10.494  4/15/2022
Ultra Resources Inc/US       UPL      7.125     6.975  4/15/2025
Unit Corp                    UNTUS    6.625    43.881  5/15/2021
VIVUS Inc                    VVUS     4.500    88.833   5/1/2020
Whiting Petroleum Corp       WLL      1.250    93.000   4/1/2020
Windstream Services LLC /
  Windstream Finance Corp    WIN     10.500    12.750  6/30/2024
Windstream Services LLC /
  Windstream Finance Corp    WIN      9.000    12.438  6/30/2025
Windstream Services LLC /
  Windstream Finance Corp    WIN      7.500    26.000   6/1/2022
Windstream Services LLC /
  Windstream Finance Corp    WIN      9.000    12.117  6/30/2025
Windstream Services LLC /
  Windstream Finance Corp    WIN      8.750     6.250 12/15/2024
Windstream Services LLC /
  Windstream Finance Corp    WIN      6.375     6.000   8/1/2023
Windstream Services LLC /
  Windstream Finance Corp    WIN      6.375     6.307   8/1/2023
Windstream Services LLC /
  Windstream Finance Corp    WIN     10.500    12.421  6/30/2024
Windstream Services LLC /
  Windstream Finance Corp    WIN      8.750     5.968 12/15/2024
Windstream Services LLC /
  Windstream Finance Corp    WIN      7.750     6.058  10/1/2021
rue21 inc                    RUE      9.000     1.305 10/15/2021



                            *********

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Troubled Company Reporter is a daily newsletter co-published
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