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

              Thursday, June 11, 2020, Vol. 24, No. 162

                            Headlines

4 HIM FOOD: Unsecureds to Get 10% or Membership Shares in Plan
ABSOLUT FACILITIES: Court Confirms Plan and Approves Disclosures
ACCENT WORKPLACE: Has Made Unsolicited Calls, Crescent City Says
ACHAOGEN INC: Cipla Objects to Disclosure Statement
AGAPE ASSEMBLY: Disclosure Statement Conditionally Approved

AKORN INC.: Obtains Court Approval for $30 Million Bankruptcy Loan
ALPHA ENTERTAINMENT: Vince McMahon Refuses to Buy Back XFL
AMERICAN AIRLINES: In the Middle of Liquidity Crisis
AMERICAN AXLE: Moody's Confirms B1 CFR, Outlook Negative
ANCHOR DRILLING: Trustee's June 25 Auction of All Assets Approved

ANICHINI INC: Gets Approval to Hire Thomas Hirchak as Consultant
APC AUTOMOTIVE: Chipman, King Represent Term Loan Lender Group
APC AUTOMOTIVE: Fox Rothschild, White Represent Equity Holders
AUTHENTIC AIR: Small Unsecureds to Recover 30% in Plan
BASIN TRANSLOAD: Deadline on Committee Applications Set for June 17

BAYOU STEEL: Former Workers Sued the Company for Illegal Dismissal
BENJAMIN R. MCAFEE: Selling Celina Rental Properties for $100K
BENJAMIN R. MCAFEE: Selling Mercer County Property for $175K
BIOLASE INC: Prices $6.9 Million Registered Direct Offering
BLUE SKY: Proposes Auction Sale of Catering Business Assets

BLUE WATER: Court Approves Disclosure Statement
BOBBY DEAN JONES: Sale of Real & Personal Properties Approved
BOW RIVER: Obtains Initial Stay Under CCAA
BRIDGE STREET: $411K Sale of Holyoke Property to Next Approved
BRONX MIRACLE: Trustee Sets Auction Procedures for Bronx Property

BURNINDAYLIGHT LLC: Seeks to Hire Better Properties as Broker
BUZZARDS BENCH: Sets Bid Procedures for Substantially All Assets
CARLOS H. ORTIZ: Selling Arecibo & Hatillo Properties for $600K
CAST & CREW: Moody's Cuts CFR to Caa1, Outlook Stable
CAV INC: Seeks Access to Cash Collateral Through June 30

CENTRIC BRANDS: Latham Represents Ares Capital, HPS Investment
CFO MANAGEMENT: Unsecureds to Recover 10% to 50% in Plan
CHINOS HOLDINGS: Unsecureds to Recover Not More Than 50% of Claims
CLEAR CHANNEL: S&P Alters Outlook to Negative, Affirms 'B-' ICR
COCRYSTAL PHARMA: Terminates Distribution Agreement with AGP

COMARK HOLDINGS: Gets CCAA Stay; A&M Named Monitor
CROSSCODE INC: Hires Ogloza Fortney as Special Counsel
CROSSCODE INC: Seeks to Hire Stoel Rives as Legal Counsel
CROWN SUBSEA: S&P Raises Debt Rating to 'B+' on Term Prepayments
D J HARCEG TRUCKING: July 6 to File Plan and Disclosures

DIAMOND OFFSHORE: Akin Gump Represents Six Unsecured Claimants
DIAMOND OFFSHORE: Norton, Milbank Represent Noteholder Group
DIAMONDBACK INDUSTRIES: Hires Kelly Hart as Litigation Counsel
DIOCESE OF ST. CLOUD: Filing for Chapter 11 to Resolve Abuse Claims
DOUBLE G BRANDS: Case Summary & 20 Largest Unsecured Creditors

DUFF & PHELPS: S&P Affirms 'B-' ICR on Term Loan Add-On
EDISON PRICE: Allowed Interim Use of Citibank Cash Collateral
EDISON Price: Asks Court to Free Frozen Cash to Protect Assets
ELEMENTAL PROCESSING: Judge Denies Bid on Cash Collateral Use
EM POLICIA: Court Approves Disclosure Statement

EMPRESA LOCAL: Court Approves Disclosure Statement
EUROAMERICAN FOODS: Hispanic Buying All Assets for $15K
EXELA TECHNOLOGIES: Posts $509.1 Million Net Loss in 2019
FOLSOM FARMS: Unsecured to Recover 100% of Their Claims
FORESIGHT ENERGY: Unsecureds to Get 3.82% or 0% in Plan

FOURTEENTH AVENUE: U.S. Trustee Objects to Plan and Disclosures
FRE 355 INVESTMENT: Seeks Court Approval to Hire Accountant
FRIENDSWOOD TRAILS: $1.25M Sale of Friendswood Property Approved
GG/MG INC: Has Authority to Use Cash Collateral on Interim Basis
GUERRERO DELI: Has Until July 10 to File Plan and Disclosures

HDR FARMS: Case Summary & 20 Largest Unsecured Creditors
HERTZ CORP: S&L, Keller, Morgan Represent Bower, Injury Claimants
HUDDLESTON VENTURES: June 10 Hearing on Disclosures Cancelled
HY-POINT FAMILY: Court Approves Disclosure Statement
IMAGEWARE SYSTEMS: Shareholders Approve Charter Amendment

INSPIREMD INC: Lind Global, et al. Report 9.9% Equity Stake
INSPIREMD INC: Prices $10 Million Underwritten Public Offering
J. CREW: Obtains Court Permission to Defer Lease Payments
J.C. PENNEY: Milbank, Porter Represent First Lien Group
J.C. PENNEY: Needs to Hasten Chapter 11, Says Lawyer

JAN THOMAS: Online Sale of Dewey Beach Property Approved
JRV GROUP: RC Trust to Serve as Trustee in Liquidating Plan
JUAN L. LARINO: Proposes a Sale of Six Newark Properties
KENNETH JAY DELOUCHE: Stanley Buying Movables for $12K
KUEHNE + NAGEL: Says Pandemic Affects Demand, Plans to Cut Jobs

LATAM AIRLINES: Seeks Chapter 11 as Pandemic Ground Flights
LONGVIEW POWER: Gets Court Approval for Its Lender Takeover Plan
MACY'S INC.: Set to Become Smaller Amid Health Crisis
MAINES PAPER: Case Summary & 30 Largest Unsecured Creditors
MERCURITY FINTECH: Appoints Paul Gillis as Independent Director

MODELL'S SPORTING: $450K Sale of Long Island Property to 3500 OK'd
MURRAY ENERGY: Defaults Bankruptcy Loan, Experiences Pivotal Month
NAJEEB KHAN: Trustee Proposes Sale of Firearms
NATURALSHRIMP INC: Insurer Pays $917,000 Fire Loss Claim
NEIMAN MARCUS: Sussman & Moore Represents Utility Companies

NEW GOLD: Moody's Alters Outlook on B3 CFR to Stable
NTHRIVE INC: Moody's Lowers CFR to Caa2, Outlook Negative
PARK HEIGHT'S: Expedited Hearing on Baltimore Property Sale Denied
PERASO TECHONOLOGIES: Gets Court's CCAA Initial Order
PETSWAY INC: Hires Neale & Newman as Special Counsel

PHOENIX PRODUCTS: Allowed to Use Cash Collateral Until June 19
PIER 1 IMPORTS: Asks Court’s Permission to Close All Stores
PQ NEW YORK: Aurify Brands Buying All Assets for $3 Million
PURDUE PHARMA: Shepherd, Finkelman Represents Self-Funded Group
PWR INVEST: Trustee's June 22 Auction of All Assets Set

QUOTIENT LIMITED: Incurs $102.8 Million Net Loss in FY 2020
RAYONIER ADVANCED: Amends Credit Facility to Provide Flexibility
REGENT UNIVERSITY: Moody's Alters Outlook on Ba3 Bonds to Stable
RILEY JOHN BEARD: Benitez Buying Temple Hills Property for $328K
RONALD L. JOHNSON: Selling San Jose Property for $2.32 Million

RUM RUNNERS: Seeks to Hire Newmark Southern as Real Estate Broker
RYFIELD PROPERTIES: May Continue Cash Collateral Use Until June 19
SAMI SELIM PALA: Proposes Sale of CSM's Wayne Property
SEANERGY MARITIME: Reduces Exercise Price of Class D Warrants
SIMBECK INC: $400K Sale of Five Freightliner Day Cabs Approved

SM ENERGY: Responds to Inquiries Regarding Exchange Offers
SOUTH AFRICAN AIRWAYS: Spends $539 Million Since Bankruptcy Filing
STAGE STORES: Akerman LLP Represents Spirit GO, Crossroads
STREBOR SPECIALTIES: MTN Enterprises Buying Supplies for $23K
SUMMIT MIDSTREAM: S&P Downgrades ICR to 'CCC'; Outlook Negative

THG PROPERTIES: Allowed to Use Cash Collateral on Interim Basis
TRB CARROLLTON: Case Summary & 20 Largest Unsecured Creditors
TRUDY'S TEXAS: Plans to Sell Trudy’s Tex-Mex in an Auction
TRUDY'S TEXAS: Sets Bidding Procedures for Substantially All Assets
UC COLORADO: Isenberg & Hewitt Represents Kyle Owen, 2 Others

UTZ BRANDS: S&P Places 'B-' ICR on CreditWatch Positive
VENUS CONCEPT: HealthQuest Reports 14.2% Stake as of May 14
VIDA SHOES: Streamlines and Restructures Organization
VISTA PROPPANTS: Case Summary & Unsecured Creditor
VITAL ONE: Court Dismisses Dickey TCPA Suit Without Prejudice

WEATHERS PROPERTIES: Case Summary & 3 Unsecured Creditors
[*] Apparel Makers Turn to Digitalisation to Streamline Operations
[*] Guam Firms Prefer to Close and Walk Away Than File Bankruptcy
[*] Pandemic Impacts Global Economy With Unparalleled Speed
[*] Rising Default Notices Sent by Landlords to Retail Tenants

[*] Spike in U.S. Bankruptcy Filing in 2020
[*] Texas Bankruptcy Filings Increase; Houston Is Epicenter
[*] U.S. Oil & Gas Rig Numbers Declined Record Low
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

4 HIM FOOD: Unsecureds to Get 10% or Membership Shares in Plan
--------------------------------------------------------------
4 Him Food Group, LLC, submitted a First Amended Disclosure
Statement explaining its Chapter 11 Plan.

Substantially all of the Debtor's assets were sold in December
2019, pursuant to an Order of the Court. The proposed Plan
distributes the net proceeds of that sale, among other things.
Under the Plan, holders of Administrative and Priority Claims
against the Debtor will be paid in full, in cash. General unsecured
creditors can choose to receive a pro rata distribution in
connection with their claims, estimated to be approximately 10% of
the face amount of such claims, or they can choose tor eceive
membership interests in Cosmos Holdings, LLC, pro rata, in lieu of
a cash distribution.  The owners of the Debtor will receive no
distribution under the Plan on account of their membership
Interests.

The estimated date of distribution for Class 2 General Unsecured
Claims is on August 1, 2020.

The Official Committee of Unsecured Creditors assisted the Debtor
in convincing Juanita’s to increase the amount of the cash
purchase price. The Committee, for its part, initially opposed the
proposed terms of the sale, and was able to use that leverage to
obtain an additional $175,000 in consideration, in the form of
short-term promissory notes from Juanita's (one for $100,000, which
was paid in May 2020, and the other for $75,000 to be paid in
December 2020 or earlier).

The consideration provided at closing included the following: a
promissory note payable in the amount of $175,000, with $100,000 to
be paid on or before May 1, 2020 (which amount has in fact been
paid), and $75,000 to be paid on or before December 1, 2020 (the
"Note").

In addition, the United States Trustee was paid $100,000 in fees at
closing (plus another $20,000 during the course of the Case to
date). After payment of additional closing costs and adjustments,
the Debtor netted $273,774.79 in cash. The Debtor collected an
additional $100,000 pursuant to the Note in May, and expects to
collect another $75,000 in or before December 2020.

The Debtor believes the Plan is feasible.  The only steps required
after confirmation will be to distribute Cash and Cosmos Membership
Interests. The Debtor already holds the Cosmos Membership
Interests, plus $373,774.79 in cash.

A Ballot for each of the Classes entitled to vote on the Plan is
included with the Plan. Creditors should read the Disclosure
Statement, Plan, and Ballot carefully. Ballot(s) (or
withdrawals/revocations) must be sent to the Debtor’s attorney,
Leonard Law Group LLC, 1 SW Columbia, Suite 1010, Portland, Oregon
97204, so as to be actually received by no later than 5:00 p.m. on
June 25, 2020 (the "Voting Deadline").

The Bankruptcy Court will hold a telephonic hearing to consider
confirmation of the Plan commencing on July 2, 2020 at 10:00 a.m.
prevailing Pacific Time, before the Honorable Thomas M. Renn. All
objections, if any, to the confirmation of the Plan must be in
writing; must state with specificity the grounds for any such
objections; and must be filed with the Bankruptcy Court at 405 E.
8th Avenue #2600, Eugene OR 97401, and served upon counsel for the
Debtor at Leonard Law Group LLC, Attn: Timothy A. Solomon, 1 SW
Columbia, Suite 1010, Portland, Oregon 97204, by June 25, 2020.

A full-text copy of the Amended Disclosure Statement dated May 20,
2020, is available at https://tinyurl.com/y9j4xuv3 from
PacerMonitor.com at no charge.

Counsel for the Debtor:  

     Justin D. Leonard
     Direct: 971.634.0192  
     Timothy A. Solomon
     Direct: 971.634.0194  
     Holly C. Hayman, OSB 114146  
     Direct: 971.634.0193  
     LEONARD LAW GROUP LLC
     1 SW Columbia, Ste. 1010
     Portland, Oregon 97204
     Fax: (971) 634-0250
     E-mail: jleonard@LLG-LLC.com
     E-mail: tsolomon@LLG-LLC.com
     E-mail: hhayman@LLG-LLC.com

                    About 4 Him Food Group

4 Him Food Group, LLC, d/b/a Cosmos Creations --
http://www.cosmoscreations.com/-- is a snack food company
specializing in manufacturing, marketing, and distribution of
puffed corn.  4 Him Food Group manufactures premium natural snack
foods -- including non-GMO hull-and-kernel-free puffed corn -- from
state of the art manufacturing facilities in the heart of Oregon's
Willamette Valley.

4 Him Food Group sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ore. Case No. 19-62049) on July 2, 2019.
The petition was signed by John Strasheim, president.  At the time
of the filing, the Debtor disclosed assets in the amount of
$15,043,017 and liabilities in the amount of $18,755,626.  Judge
Thomas M. Renn is assigned to the case.  Timothy A. Solomon, Esq.,
at Leonard Law Group LLC, is the Debtor's counsel.  

Gregory Garvin, acting U.S. trustee for Region 18, on Aug. 6, 2019,
appointed five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case.


ABSOLUT FACILITIES: Court Confirms Plan and Approves Disclosures
----------------------------------------------------------------
Judge Alan S. Trust has ordered that the Plan, including the Plan
Supplement of Absolut Facilities Management, LLC, et al., is
confirmed. The Disclosure Statement is approved.

The Disclosure Statement is approved.

The Plan provides for the comprehensive settlement of Claims,
Equity Interests and controversies against the Debtors.  The
negotiations of such settlements, including the Plan Term Sheet,
were conducted in good faith and at arm’s length, and each such
settlement benefits the Debtors and their Estates and represents a
fair, necessary and reasonable compromise of the Claims and Equity
Interests held by the holders thereof.

Neither Capital Funding nor HUD shall be required to file any
Claims, including any application for allowance of an
Administrative Expense Claim, in connection with any amounts that
are or may become due under the Capital Funding Security
Agreements, the DIP Order, the Sale Order or applicable law.

A copy of the Plan Confirmation Order is available at
https://is.gd/e0YGu8

              About Absolut Facilities Management

Absolut Facilities Management, LLC, through its subsidiaries, owns
six skilled nursing facilities and one assisted living facility in
the state of New York, have sought Chapter 11 protection.

On Sept. 10, 2019, Absolut Facilities Management, LLC and seven
related entities each filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. S.D.N.Y.
Lead Case No. 19-76260).

Loeb & Loeb LLP is the Debtors' counsel.  Prime Clerk LLC is the
claims and noticing agent.

The Office of the U.S. Trustee on Oct. 3, 2019, appointed five
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases.


ACCENT WORKPLACE: Has Made Unsolicited Calls, Crescent City Says
----------------------------------------------------------------
CRESCENT CITY SURGICAL CENTRE OPERATING COMPANY, LLC, individually
and on behalf of all others similarly situated, Plaintiff v. ACCENT
WORKPLACE ENVIRONMENTS INC., Defendant, Case No. 2:20-cv-01597
(E.D. La., June 3, 2020) seeks to stop the Defendants' practice of
making unsolicited calls.

Accent Workplace Environments Inc. is a privately owned
organization providing space planning and design services to
corporate, educational, healthcare and hospitality clients. [BN]

The Plaintiff is represented by:

          Preston L. Hayes, Esq.
          Conrad Meyer, Esq.
          Ryan P. Monsour, Esq.
          Barry W. Sartin, Esq.
          CHEHARDY SHERMAN WILLIAMS MURRAY
            RECILE STAKELUM & HAYES, L.L.P.
          One Galleria Boulevard, Suite 1100
          Metairie, LA 70001
          Telephone: (504) 833-5600
          Facsimile: (504) 613-4528



ACHAOGEN INC: Cipla Objects to Disclosure Statement
---------------------------------------------------
Cipla USA Inc. submitted a limited objection to final approval of
the Debtor’s Disclosure Statement with Respect to First Amended
Chapter 11 Plan of Liquidation Jointly Proposed by Achaogen, Inc.
and the Official Committee of Unsecured Creditors Of Achaogen,
Inc.

Cipla points out that the Disclosure Statement should not be
approved unless the Debtor amends it to provide greater information
regarding the Disputed Matters.  The Debtor should disclose why it
has refused to engage in good faith negotiations with Cipla to
resolve the Disputed Matters, particularly in view of the
substantial efforts made and expense incurred by Cipla in
connection with the sale of the China Assets to XuanZhu.   

Cipla further points out that the Debtor needs to explain in the
Disclosure Statement its rationale for entering into the Qilu
Settlement.

Counsel for Cipla US Inc.:

     Erin R. Fay
     Gregory J. Flasser (No. 6154)
     BAYARD, P.A.
     600 North King Street, Suite 400
     Wilmington, DE  19801
     Tel: +1 302-655-5000
     Fax: +1 302-658-6395
     E-mail: efay@bayardlaw.com   
             gflasser@bayardlaw.com  

            - and -

     James S. Carr
     Benjamin D. Feder
     KELLEY DRYE & WARREN LLP   
     101 Park Avenue
     New York, New York 10178
     Tel:  (212) 808-7800
     Fax:  (212) 808-7897
     jcarr@kelleydrye.com  
     bfeder@kelleydrye.com

                       About Achaogen Inc.

South San Francisco, California-based Achaogen, Inc. --
http://www.achaogen.com/-- is a biopharmaceutical company focused
on the discovery, development, and commercialization of innovative
antibacterial treatments against multi-drug resistant gram-negative
infections.

Achaogen sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Del. Lead Case No. 19-10844) on April 25, 2019.  In the
petition signed by CEO Blake Wise, the Debtor disclosed assets of
$91.61 million and liabilities of $119.96 million as of Jan. 31,
2019.

The case is assigned to Judge Brendan Linehan Shannon.

The Debtor tapped Hogan Lovells US LLP as its bankruptcy counsel;
Morris, Nichols, Arsht & Tunnell LLP as co-counsel; Meru LLC as
financial advisor; Cassel Salpeter & Co., LLC as investment
banker;
and Kurtzman Carson Consultants LLC as claims, noticing and
solicitation agent.

Andrew Vara, acting U.S. trustee for Region 3, appointed a
committee of unsecured creditors on April 23, 2019.  The committee
retained Akin Gump Strauss Hauer & Feld LLP and Klehr Harrison
Harvey Branzburg LLP as its legal counsel, and Province, Inc., as
its financial advisor.


AGAPE ASSEMBLY: Disclosure Statement Conditionally Approved
-----------------------------------------------------------
Judge Karen S. Jennemann has ordered that the Disclosure Statement
of Agape' Assembly Baptist Church, Incorporated is conditionally
approved.

A hearing by video will be held on July 29, 2020 at 2:45 p.m. in
Courtroom A, Sixth Floor, of the United States Bankruptcy Court,
400 West Washington Street, Orlando, Florida.

Any party objecting to the disclosure statement or confirmation of
the plan must file its objection no later than seven (7) days
before the date of the Confirmation Hearing.

Debtor’s counsel must file a ballot tabulation no later than two
(2) days before the date of the Confirmation Hearing.

Creditors and other parties in interest must file with the clerk
their written acceptances or rejections of the plan (ballots) no
later than seven (7) days before the date of the Confirmation
Hearing.

              About Agape' Assembly Baptist Church

Agape' Assembly Baptist Church, Incorporated, is a religious
organization in Orlando, Fla.

Agape' Assembly Baptist Church filed a voluntary petition under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
19-07981) on Dec. 5, 2019.  In the petition signed by Richard
Bishop, president and director, the Debtor was estimated to have $1
million to $10 million in both assets and liabilities.  Justin M.
Luna, Esq., at Latham Luna Eden & Beaudine, LLP, is the Debtor's
legal counsel.


AKORN INC.: Obtains Court Approval for $30 Million Bankruptcy Loan
------------------------------------------------------------------
Bloomberg Law reports that Illinois-based pharmaceutical company
gets the approval of the U.S. Bankruptcy Court to tap $30 million
bankruptcy loan to finance its bankruptcy case as well as to
facilitate the sale of its assets.

An attorney who represented Akorn told a U.S. Bankruptcy court
judge that its bankruptcy plan has the support of its lenders and
they expect the case to take about six months.

                        About Akorn Inc.  

Headquartered in Lake Forest, Illinois, Akorn, Inc. --
http://www.akorn.com/-- is a specialty pharmaceutical company
engaged in the development, manufacture and marketing of
multi-source and branded pharmaceuticals.  Akorn has manufacturing
facilities located in Decatur, Illinois; Somerset, New Jersey;
Amityville, New York; Hettlingen, Switzerland and Paonta Sahib,
India that manufacture ophthalmic, injectable and specialty sterile
and non-sterile pharmaceuticals.

Akorn reported a net loss of $226.8 million for the year ended Dec.
31, 2019, compared to a net loss of $401.9 million on $694.02
million for the year ended Dec. 31, 2018.  As of Dec. 31, 2019, the
Company had $1.28 billion in total assets, $1.05 billion in total
liabilities, and $234.3 million in total shareholders' equity.

BDO USA, LLP, in Chicago, Illinois, the Company's auditor since
2016, issued a "going concern" qualification in its report dated
Feb. 26, 2020, citing that the Company has suffered recurring
losses from operations and has a net working capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.

                          *    *    *

As reported by the TCR on Feb. 24, 2020, Moody's Investors Service
downgraded the ratings of Akorn, Inc. including the Corporate
Family Rating to Caa3 from Caa1.  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.  

Also in February 2020, S&P Global Ratings lowered its issuer credit
rating on Akorn Inc. to 'CCC-' from 'B-' with negative outlook. The
negative outlook reflects the increasing possibility that Akorn
will file for Chapter 11 protection under the U.S. Bankruptcy Code
in the next six months to facilitate repayment of its outstanding
debt.


ALPHA ENTERTAINMENT: Vince McMahon Refuses to Buy Back XFL
----------------------------------------------------------
Byclint Buckley, writing for 247 Sports, reports that WWE Chief
Executive Officer Vince McMahon refuses to buy back the XFL.

Some questioned the league's owner, WWE CEO Vince McMahon, on his
motives behind filing for Chapter 11. Bankruptcy, creditors argued,
would allow McMahon to buy the league back at a substantially lower
price.

In the bankruptcy court's records, obtained by ESPN, McMahon denied
that he intended the buy back the XFL.

Popularity waned as the sports season continued and when the
COVID-19 pandemic impacted the U.S. sports, the league was affected
and folded by bankruptcy filing.

"I don't know why that's out there, making me out to be the bad
guy, [that] I'm going to buy the XFL back for pennies on the
dollar, basically. That helped me move into the direction of, 'I'm
not going to be a bidder, not going to have anything to do with it.
I do hope that someone will pay a lot of money for it, and I do
hope that it will survive, McMahon said in the deposition."

In April 2020, XFL filed for bankruptcy after it laid off all
employees in the wake of the COVID-19 outbreak.  But creditors
believed that McMahon tried to rig the system in a way that would
create a fire sale atmosphere, ultimately allowing him to
re-purchase the league for pennies on the dollar.

McMahon's attorney wrote that their client put in at least $200
million of his own assets into the XFL.

"Accordingly, all that the committee has managed to do is to chase
away a potentially significant bidder for the debtor's assets," his
attorneys wrote.

Prior to the shutdown, XFL completed five weeks of its 10-week
regular season with its eight teams. The season, which began on
Feb. 8, 2020 was scheduled through April 12, 2020. The league was
broken up into two divisions of four teams each, with the top two
in each division advancing to the postseason.

In March 2020, XFL announced the suspension of operations,
retrenchment of workers, and absence of plans for 2021 season. In a
statement, the WWE said: "Given the uncertainty of the current
environment, the XFL has suspended operations and is evaluating
next steps."

It was McMahon's second go at the XFL, that debuted originally in
2001, that also folded after one season. For the second try at the
XFL, McMahon hired Commissioner Oliver Luck to create a serious
football league with slight rule variations that would attract fans
to tune in. Some of those rule variations included a new kickoff
alignment and a three-tiered extra point system.

With the XFL folding, it became the second spring football league
in as many years to suspend operations. The Alliance of American
Football (AAF) ran out of money after eight weeks of play and
closed in the spring of 2019.

                    About Alpha Entertainment

Alpha Entertainment LLC, which does business as the "Xtreme
Football League" -- https://www.alphaentllc.com/ -- is a
professional American football league. The XFL kicked off with
games beginning in February 2020. The XFL offered fast-paced,
three-hour games with fewer play stoppages and simpler rules.  The
XFL featured eight teams, 46-man active rosters, and a 10-week
regular season schedule, with a postseason consisting of two
semifinal playoff games and a championship game.  The eight XFL
teams were the DC Defenders, the Dallas Renegades, the Houston
Roughnecks, the Los Angeles Wildcats, the New York Guardians, the
St. Louis BattleHawks, the Seattle Dragons, and the Tampa Bay
Vipers.

Alpha Entertainment LLC, based in Stamford, CT, filed a Chapter 11
petition (Bankr. D. Del. Case No. 20-10940) on April 13, 2020.  The
Hon. Laurie Selber Silverstein presides over the case.  In its
petition, the Debtor was estimated to have $10 million to $50
million in both assets and liabilities.  The petition was signed by
John Brecker, independent manager.

The Debtor hiref Young Conaway Stargatt & Taylor, LLP; and Donlin
Recano & Company, Inc., as claims agent and administrative advisor.


AMERICAN AIRLINES: In the Middle of Liquidity Crisis
----------------------------------------------------
Seeking Alpha reports that American Airlines has higher chances of
filing for bankruptcy due to enormous debt burden.

American Airlines burns between $50 million to $70 million daily
and it will continue to lose money in the foreseeable future.  At
the end of Q2, the company expects to have $11 billion in
liquidity, while its total debt is worth $25 billion.  Considering
its enormous debt burden, there is a very high chance that American
Airlines will be among the first major airlines to declare
bankruptcy in recent years.

Similar to United Airlines, American Airlines is also in the middle
of liquidity crisis.  Despite of its weekly rise in air traffic, it
is still far away from the recovery of air travel and will take
several years before it returns to the pre-pandemic levels.

By burning $50 million to $70 million a day, it will not have
adequate resources to outlive this pandemic.  With $25 billion in
debt, it has no chances of surviving this crisis without additional
state aid. However, even if the government will continue to inject
more liquidity into the company, it's highly unlikely that
shareholders will be able to benefit from it.  Even before the
pandemic, American Airlines was struggling to generate a positive
free cash flow a couple of years in a row.  In the present
environment, it has no chances of becoming profitable and
deleveraging its books anytime soon.  Considering its enormous debt
burden, there's a very high chance that American Airlines will be
one of the first major airlines to declare bankruptcy in recent
years.

Since American Airlines has $25 billion debt on its balance sheet,
there's a high chance that solvency issues will start to arise
because it will not be able to meet its obligations. Last week,
Boeing (BA) CEO said that there's a possibility that one of the
major airlines will declare bankruptcy in the upcoming months. We
believe that that airline will be American Airlines, considering
that it has the highest debt burden among its peers, according to
Capital IQ.

American Airlines management heavily relies on federal help to keep
the airline afloat.  Under the CARES Act, it already received $5.8
billion in grants and loans, and it plans to use its AAdvantage
loyal program as collateral to receive an additional $4.75 billion
loan.  While there's a high chance that the Treasury will approve
this loan, there's no guarantee that the airline will be able to
get more money later on, as there will be no collateral left.  Back
in 2002, the federal panel denied a $1.8 billion loan to United
Airlines and let the airline go bust.  This time, history could
repeat itself.

Without government help, American Airlines will not be able to
survive this pandemic.  United Airlines was forced to increase the
yield of its latest bond offering to 11% from 9%, as creditors were
unimpressed with its 360 planes that were used as collateral.  If
United failed to raise more debt, then American Airlines with its
already high debt burden has no chance of accessing capital in an
open market at a reasonable yield.

At present, American Airlines 5-year credit default swaps trade
around 6000 bps, just shy of 7000 bps at which Lehman's 5Y credit
default swaps were trading right before the bank declared
bankruptcy in 2008.

According to Asset Macro, if American Airlines indeed decides to
file for Chapter 11 anytime soon, then it will be able to wipe out
a large chunk of its outstanding debt.  At the same time, the
airline will also become much smaller in size, as it will be
required to give a large portion of its fleet as collateral to the
creditors.  However, as the recovery of air travel is years away,
this might seem like a right move to make.  After all, to
deleverage its books, American Airlines needs to become profitable,
and that's not going to happen anytime soon. While, in the short
term, the company's stock could appreciate on news about the
recovering air traffic, its long-term future looks bleak.

                     About American Airlines

American Airlines Group Incorporated is an American publicly traded
airline holding company headquartered in Fort Worth, Texas. It was
formed on December 9, 2013, in the merger of AMR Corporation, the
parent company of American Airlines, and US Airways Group, the
parent company of US Airways.

Before the Coronavirus pandemic, American Airlines offered
customers 6,800 daily flights to more than 365 destinations in 61
countries from its hubs in Charlotte, Chicago, Dallas-Fort Worth,
Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington,
D.C.  As of Dec. 31, 2018, the company operated a mainline fleet of
956 aircraft.  



AMERICAN AXLE: Moody's Confirms B1 CFR, Outlook Negative
--------------------------------------------------------
Moody's Investors Service confirmed the ratings of American Axle &
Manufacturing Holdings, Inc. - Corporate Family and Probability of
Default Ratings at B1 and B1-PD, respectively; the senior secured
debt rating at Ba2; and the senior unsecured debt at B2. American
Axle's Speculative Grade Liquidity Rating remains SGL-2. The
outlook is negative. This action concludes the review for downgrade
initiated on March 26, 2020.

Moody's also assigned a B2 rating to American Axle's new $400
million senior unsecured note. These senior unsecured notes will
rank pari passu with American Axle's existing senior unsecured
notes. The net proceeds will be used for general corporate
purposes, including the repayment of the 6.25% $350 million senior
unsecured notes due 2022.

Ratings Confirmed:

Issuer: American Axle & Manufacturing, Inc.

Corporate Family Rating, at B1

Probability of Default Rating, at B1-PD

Senior Secured Bank Credit Facility, at Ba2 (LGD2)

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

Rating Assigned:

Issuer: American Axle & Manufacturing, Inc.

New Senior Unsecured Regular Bond/Debenture, at B2 (LGD5)

Outlook Action:

Issuer: American Axle & Manufacturing, Inc.

Outlook, Changed To Negative From Rating Under Review

RATING RATIONALE

The confirmation of American Axle's B1 CFR reflects Moody's belief
that the company will maintain its strong competitive position as a
major supplier of driveline and metal forming products in North
America. In North America, which represented about 80% of revenues
in 2019, the company's products are well-positioned on light trucks
and SUVs/CUVs which continue to increase market penetration even
with declines in regional automotive production. These model types
drive higher profit levels for American Axle's customers and this
trend is expected to continue over the intermediate-term.

American Axle's debt/EBITDA as of March 31, 2020 was about 4.4x
(inclusive of Moody's adjustments) and will deteriorate through
2020 with the impact from temporary closures of automotive customer
manufacturing operations in North America and Europe due to the
coronavirus pandemic. To help mitigate the impact of lost volume
and other coronavirus related inefficiencies management has
initiated expense and capital expenditure reduction actions.

Demand for light trucks and SUVs/CUVs is expected to drive an
increasing share of production over the coming quarters. American
Axle's strong new business wins are also expected to help offset
prior business losses from GM and the coronavirus pandemic impact
on volumes. Moody's expects free cash flow on a Last Twelve Months
basis to return to the positive levels in the low $150 -200 million
range in the back half of the 2021, from a significant negative
amount during the second quarter for 2020, and around breakeven for
the full year of 2020.

American Axle's commitment to debt reduction was demonstrated with
the pre-coronavirus $100 million redemption of its 6.625% Notes due
2022 and mid-2019 $100 million redemption of its 7.75% Notes, both
during periods of softening global automotive demand. Further debt
reduction is expected to resume as industry conditions recover into
2021 and the company no longer keeps extra cash. As such,
debt/EBITDA leverage is expected to return to below 4.5x by
year-end 2021 on a run-rate basis, barring a major second wave of
coronavirus infection rates.

American Axle's B2 senior unsecured notes, at one notch below the
Corporate Family Rating, reflect the effective subordination of
that class to the substantial secured debt. The rating also
reflects a one-notch override up from the Loss Given Default model
outcome, to reflect Moody's expectation that American Axle will
continue to pay down secured debt with available cash during 2021
as industry conditions stabilize.

The negative outlook reflects the risk that the expected gradual
recovery of automotive industry conditions impacted by the
coronavirus pandemic could be interrupted from a second wave of
infection rates, or from weakening vehicle demand with a more
extended recessionary conditions from job losses.

American Axle is expected to have a good liquidity profile into
2021as reflected by the SGL-2 Speculative Grade Liquidity Rating
supported by substantial cash and availability under the $925
million revolving credit facility. Moody's anticipates free cash
flow in 2020 will be about break-even. As of March 31, 2020, cash
was $683 million and Moody's anticipates the company will end the
fiscal year with about that amount as the substantial negative cash
flow of the second quarter should be offset by recovery in auto
operations throughout the second half of 2020. Availability under
the revolving credit facility is about $541 million, after about
$350 million of drawings and about $34 million of outstanding
letters of credit the financial covenants under the secured credit
facilities include a maximum total net leverage ratio and a minimum
EBITDA/cash interest expense ratio. These covenants were recently
amended providing additional cushion through March 2022. The
financial covenant converts to a senior secured net leverage ratio
during the amendment period.

American Axle's role in the automotive and automotive manufacturing
industries exposes the company to material environmental risks
arising from increasing regulations on carbon emissions. Automotive
manufacturers continue to announce the introduction of electrified
products to meet increasingly stringent regulatory requirements. To
satisfy these customer requirements American Axle offers products
that improve fuel efficiency, reduce CO2 emissions for internal
combustion engine driven vehicles, and has begun production of
hybrid and electric driveline systems which will grow with
increased production of electrified vehicles.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

A rating upgrade would require continued revenue and earnings
growth, resulting in strong free cash flow to support debt
reduction. Support for a positive rating action includes the
expectation of sustained EBITA/Interest coverage above 2.5x and
Debt/EBITDA at below 3.0x, while maintaining a good liquidity
profile.

A downgrade could arise if industry conditions were to further
deteriorate without sufficient offsetting restructuring actions or
savings by the company. A lower rating could result if
EBITA/Interest is expected to remain below 1.5x, or Debt/EBITDA
remains above 4.5x through the second-half of 2021, or if liquidity
deteriorates. Separately, the senior unsecured debt rating could be
lowered absent progress in reducing secured debt relative to the
unsecured debt, as is expected.

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

American Axle & Manufacturing, Inc., is the U.S. debt issuer
supporting the global operations of American Axle & Manufacturing
Holdings, Inc. Headquartered in Detroit, MI, the company is a
global Tier I supplier to the automotive, commercial and industrial
markets. The company designs, engineers, validates and manufactures
driveline, metal forming, and powertrain products. American Axle
has nearly 80 manufacturing facilities in 17 countries. Revenues
were approximately $6.15 billion as of LTM March 31, 2020.



ANCHOR DRILLING: Trustee's June 25 Auction of All Assets Approved
-----------------------------------------------------------------
Judge Christopher Lopez of the U.S. Bankruptcy Court for the
Southern District of Texas authorized the bidding procedures of
Christopher R. Murray, chapter 7 trustee for Q'Max America, Inc.
and affiliates, in connection with the sale of substantially all
assets to QMax Acquisition Corp. for the aggregate of purchase
price of (i) $7.2 million Cash, (ii) the Cure Amounts (if any), and
(iii) the value of the Assumed Liabilities, subject to overbid.

The noticing procedures set forth in this Bid Procedures Order and
the Motion are approved.

Within 10 days of the entry of the Bid Procedures Order the Trustee
will serve the Contract Assignment and Cure Schedule on each of the
non-debtor counterparties listed on the Contract Assignment and
Cure Schedule.

No later than June 15, 2020, the Trustee will provide notice to any
potential bidder containing information regarding the designation
of lots for the Auction.  Lot 1 will be the Acquired Assets with
any additional lots being determined by the Trustee.

The Trustee will serve all Notice Parties with a copy of the
Motion.

The form of the Stalking Horse Asset Purchase Agreement and the
Trustee's execution of the Stalking Horse Asset Purchase Agreement
is approved. All of the pre-closing obligations under the Stalking
Horse Asset Purchase Agreement are authorized as set forth in the
Order.

Prepetition ABL Agent, Prepetition ABL Credit Agreement Lenders,
Prepetition Parent Facility Agent and Prepetition Parent Facility
Lenders expressly consent to the transaction contemplated by the
Stalking Horse Asset Purchase Agreement and expressly agree not to
credit bid if the Stalking Horse Buyer is the Successful Bidder for
the Acquired Assets.  Any other secured party will be entitled to
credit bid some or all of their claims at the Auction pursuant to
section 363(k) of the Bankruptcy Code only in accordance with the
Bid Procedures.  Any credit bid that fails to comply with the Bid
Procedures is hereby excluded for cause absent further order of the
Court.  

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: June 23, 2020 at 12:00 p.m. (PCT)

     b. Initial Bid: Any overbid in any round of bidding for the
Acquired Assets must exceed the bid of the Stalking Horse Buyer in
such round by the amount of such Expense Reimbursement plus a
minimum increment of $50,000.

     c. Deposit: $720,000

     d. Auction: The Trustee will conduct an auction on June 25,
2020 at 10:00 a.m. (PCT) via Zoom or other electronic or virtual
platform.  

     e. Bid Increments: $50,000

     f. Sale Hearing: July 1, 2020 at 1:00 p.m.

     g. Sale Objection Deadline: June 26, 2020 at 5:00 p.m. (PCT)

     h.  The Trustee will file a notice to sell no later than 5:00
p.m. (PCT) on June 29, 2020 to identify the Successful Bidder(s) at
the Auction and the amount of the Successful Bid(s) with the
Court.

     i. Expense Reimbursement: $650,000

The sale of Assets, including for the avoidance of doubt the
Acquired Assets, pursuant to these Bid Procedures will be on an "as
is, where is" basis and without representations or warranties of
any kind, nature or description by the Trustee, the Debtors' their
agents or their estates except as provided in any agreement with
respect to the sale approved by the Court.

The sale will be free and clear of all Interests, with such
Interests to attach to the net proceeds of the sale.

Notwithstanding the possible applicability of Bankruptcy Rules
6004(h), 6006(d), 7062, 9014, or any applicable provisions of the
Local Rules or otherwise, the terms and conditions of the Order
will be immediately effective and enforceable upon its entry, and
no automatic stay of execution will apply to the Order.

A copy of the Bidding Procedures is available at
https://tinyurl.com/ybpr3ozk from PacerMonitor.com free of charge.

               About Anchor Drilling Fluids USA

Anchor Drilling Fluids USA, Inc. provides integrated fluids
management and customized drilling fluids, and related services
solutions to oil and gas exploration and production industry in the
United States. Anchor Drilling Fluids USA, Inc. was founded in 1984
and is headquartered in Tulsa, Oklahoma. As of November 21, 2017,
Anchor Drilling Fluids USA, Inc. operates as a subsidiary of Q'max
America Inc.

Anchor Drilling Fluids USA, Inc. sought Chapter 11 protection
(Bankr. S.D. Tex. Case Case No. 20-60030).  Christopher R. Murray
is appointed as Chapter 7 Trustee.


ANICHINI INC: Gets Approval to Hire Thomas Hirchak as Consultant
----------------------------------------------------------------
Anichini, Inc. received approval from the U.S. Bankruptcy Court for
the District of Vermont to employ Thomas Hirchak Auction Company as
a consulting, and if necessary, testifying expert regarding the
valuation of its assets.

Debtor requires the services of the firm to prepare a liquidation
analysis for the purpose of proposing a Chapter 11 plan of
reorganization. If necessary, Debtor will utilize the expert
opinion and testimony of the firm to support a reorganization
plan.

Hirchak will charge an hourly fee of $150.  The firm anticipates
that its fees could total $3,000.

Thomas Hirchak III disclosed in court filings that he and other
members of the firm are "disinterested" within the meaning of
Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Thomas Hirchak III
     Thomas Hirchak Auction Company
     1878 Cadys Falls Road
     Morrisville, VT 05661
     Telephone: (802) 888-4662
     Email: toby@thcauction.com

                   About Anichini Inc.

Anichini, Inc. -- https://anichini.com/ -- is an American luxury
textiles company based in Tunbridge, Vermont. The company is a
manufacturer and importer of luxury linens and textiles and
produces hand made products.

Anichini sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Vt. Case No. 20-10090), on March 12, 2020.  The petition
was signed by Susan Dollenmaier, its sole shareholder.  As the time
of the filing, Debtor had estimated assets of $500,000 to $1
million and estimated liabilities of $1 million to $10 million.

Hon. Colleen A. Brown oversees the case.

Drummond Woodsum is Debtor as its counsel.


APC AUTOMOTIVE: Chipman, King Represent Term Loan Lender Group
--------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firms of Chipman Brown Cicero & Cole LLP and King &
Spalding LLP submitted a verified statement that they are
representing the Term Loan Lender Group in the Chapter 11 cases of
APC Automotive Technologies Intermediate Holdings, LLC, et al.

In September 2019, certain beneficial holders, or investment
advisors, sub-advisers or managers of the account of beneficial
holders of Loans, as defined in and pursuant to that certain Term
Loan Credit Agreement, dated as of May 10, 2017, by and among APC
Automotive Technologies Intermediate Holdings, LLC, as "Holdco",
APC Automotive Technologies, LLC, as a "Borrower", the other
Debtors from time to time party to, or designated under, the Term
Loan Credit Agreement, as "Loan Parties", the lenders from time to
time party thereto and Wilmington Trust, National Association, as
administrative agent for the Prepetition Term Lenders, engaged King
& Spalding LLP to represent them in connection with the potential
restructuring of the Debtors. The Term Loan Lender Group
subsequently retained Chipman Brown Cicero & Cole, LLP as local
counsel when informed by the Debtors that they would pursue a
reorganization in the United States Bankruptcy Court for the
District of Delaware.

K&S represents only the Term Loan Lender Group and does not
represent or purport to represent any entities other than the Term
Loan Lender Group in connection with the Debtors' chapter 11 cases.
Further, as of the date of this Verified Statement, Chipman Brown
also represents Wilmington, as the Prepetition Term Loan Agent and
as the "Term DIP Agent" (as such term is defined in Debtors' Motion
for Entry of Interim and Final Orders (A) Authorizing the Debtors
to (I) Obtain Postpetition Financing and (II) Utilize Cash
Collateral, (B) Granting Liens and Superpriority Administrative
Expense Claims, (C) Granting Adequate Protection, (D) Modifying the
Automatic Stay, (E) Scheduling a Final Hearing, and (F) Granting
Related Relief [Docket No. 17]), and does not represent or purport
to represent any entities other than the Term Loan Lender Group,
the Prepetition Term Loan Agent and the Term DIP Agent in
connection with the Debtors' chapter 11 cases. In addition, the
Term Loan Lender Group, both collectively and through its
individual members, does not represent or purport to represent any
other entities in connection with the Debtors' chapter 11 cases.

As of June 4, 2020, the Term Loan Lender Group and their
disclosable economic interests are:

Apollo Capital Management, L.P.
9 West 57th Street, 37th Floor
New York, NY 10019
Attn: Joseph D. Glatt

* Term A-1 Loans: $83,022,914.11
* Term B Loans: $25,781,545.53

CBAM Partners, LLC
51 Astor Place, 12th Floor
New York, NY 10003
Attn: Chip Rini

* Term A-1 Loans: $22,560,363.38
* Term B Loans: $7,005,789.20

First Eagle Investment Management
227 West Monroe Street
Suite 3200
Chicago, IL 60606
Attn: Sandy King

* Term A-1 Loans: $17,026,911.68
* Term B Loans: $30,274,888.68

Special Situations Investing Group, Inc.
200 West Street
New York, NY 10282
Attn: Vincent Harrison

* Term A-1 Loans: $44,702,960.87
* Term B Loans: $13,881,847.38

Each individual member of the Term Loan Lender Group holds claims
or such member or one or more of its affiliates advise, sub-advise
or manage accounts that hold claims against the Debtors arising
from the Loans. In accordance with Bankruptcy Rule 2019, attached
hereto as Exhibit A is a list setting forth the name, address and
"the nature and amount of all disclosable economic interests" held
by each member of the Term Loan Lender Group in relation to the
Debtors as of the date of this Verified Statement, as reported to
K&S by each member of the Term Loan Lender Group.

Each of K&S and Chipman Brown do not own, nor has it ever owned,
any claims against the Debtors except for claims for services
rendered to the Term Loan Lender Group or, in the case of Chipman
Brown, the Prepetition Term Loan Agent or the Term DIP Agent. Under
the terms of the Debtors' postpetition financing facility, each of
K&S and Chipman Brown may at some future time seek to have its fees
and disbursements incurred on behalf of the Term Loan Lender Group
paid by the Debtors' estates pursuant to title 11 of the United
States Code or as otherwise permitted in the Debtors' chapter 11
cases. Each of K&S and Chipman Brown do not perceive any actual or
potential conflict of interest with respect to the representation
of the Term Loan Lender Group in the Debtors' chapter 11 cases.

All of the information contained herein is intended only to comply
with Bankruptcy Rule 2019 and is not intended for any other
purpose. Nothing contained in this Verified Statement should be
construed as a limitation upon, or waiver of, any Term Loan Lender
Group member's rights to assert, file and/or amend its claims in
accordance with applicable law and any orders entered in the
Debtors' chapter 11 cases.

The Term Loan Lender Group, through its undersigned counsel,
further reserves the right to supplement and/or amend this Verified
Statement in accordance with the requirements set forth in
Bankruptcy Rule 2019 at any time in the future.

Counsel for the Term Loan Lender Group can be reached at:

          William E. Chipman, Jr., Esq.
          Chipman Brown Cicero & Cole LLP
          Hercules Plaza
          1313 North Market Street, Suite 5400
          Wilmington, DE 19801
          Telephone: (302) 295-0193
          Email: chipman@chipmanbrown.com

          W. Austin Jowers, Esq.
          King & Spalding LLP
          1180 Peachtree Street
          Atlanta, GA 30309
          Telephone: (404) 572-4600
          Facsimile: (404) 572-5100
          Email: ajowers@kslaw.com

             - and -

          Peter Montoni, Esq.
          Michael R. Handler, Esq.
          King & Spalding LLP
          1185 Avenue of the Americas
          New York, NY 10036
          Telephone: (212) 556-2100
          Facsimile: (212) 556-2222
          Email: pmontoni@kslaw.com
                 mhandler@kslaw.com

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

                     About APC Automotive

APC Automotive Technologies Intermediate Holdings, LLC, is an
aftermarket suppliers of brake, chassis, exhaust, and emissions
parts for passenger vehicles, trucks, and commercial vehicles.  APC
was formed through the merger of two companies in 2017, AP Exhaust
and Centric.

APC Automotive Technologies Intermediate Holdings and its 13
affiliates sought Chapter 11 protection (Bankr. D. Del. Case No.
20-11466) on June 3, 2020.

Templar Energy was estimated to have $100 million to $500 million
in assets and $500 million to $1 billion in liabilities.

Jonathan S. Henes, P.C. of Kirkland & Ellis LLP and Kirkland &
Ellis International LLP serves as the Debtors' general bankruptcy
counsel; Domenic E. Pacitti, Esq., Morton R. Branzburg, Esq., and
Michael W. Yurkewicz, Esq. of Klehr Harrison Harvey Branzburg LLP
serve as the local bankruptcy counsel.  Jefferies Group LLC acts as
the Company's financial advisor and Weinsweigadvisors LLC as
restructuring advisor.  Ernst & Young LLP is acting as the
Company's tax advisor; and Bankruptcy Management Solutions, Inc.,
serves as the Company's notice agent and administrative advisor.


APC AUTOMOTIVE: Fox Rothschild, White Represent Equity Holders
--------------------------------------------------------------
In the Chapter 11 cases of APC Automotive Technologies Intermediate
Holdings, LLC, et al., the law firms of Fox Rothschild LLP and
White & Case LLP submitted a verified statement under Rule 2019 of
the Federal Rules of Bankruptcy Procedure, to disclose that they
are representing Audax Management Company LLC and certain of its
affiliated funds and entities and Harvest Partners, L.P. and
certain of its affiliates funds and entities.

Audax and Harvest are "Consenting Sponsors" as that term is defined
in that certain Restructuring Support Agreement dated May 31, 2020
between the Debtors, APC Automotive Technologies Holdings, LLC,
Audax, Harvest, VAP Holdings, Inc. and certain term loan lenders
party thereto [Docket No. 24-2].

As represented to Counsel by Audax and Harvest, each of Audax and
Harvest holds, or is the beneficial holder of, a certain amount of
preferred and common units in APC Holdings, the parent of Debtor
APC Automotive Technologies Intermediate Holdings, LLC, and "Term
A-3 Loans" under that certain term credit agreement dated May 10,
2017, by and among APC and certain of its Debtor affiliates and
subsidiaries, as borrowers and guarantors, Wilmington Trust, N.A.
as administrative and collateral agent, and the lenders thereto.

As of June 8, 2020, each Audax and Harvest entity and their
disclosable economic interests are:

AG PE Fund IV Exhaust-Aristo, LLC
c/o Audax Management Company, LLC
101 Huntington Avenue, 25th Floor
Boston, MA 02199

* Equity Holdings: 16,471.03 Class A1 Preferred Units and
                   166.37 Class A1 Common Units in APC Holdings

Audax Private Equity Fund IV AIV, L.P.
c/o Audax Management Company, LLC
101 Huntington Avenue, 25th Floor
Boston, MA 02199

* Equity Holdings: 35,137.28 Class A1 Preferred Units and
                   354.92 Class A1 Common Units in APC Holdings

Audax Co-Invest IV, L.P.
c/o Audax Management Company, LLC
101 Huntington Avenue, 25th Floor
Boston, MA 02199

* Equity Holdings: 7,384.59 Class A1 Preferred Units and
                   74.59 Class A1 Common Units in APC Holdings

AG TCI Exhaust-Aristo, LLC
c/o Audax Management Company, LLC
101 Huntington Avenue, 25th Floor
Boston, MA 02199

* Equity Holdings: 699.77 Class A1 Preferred Units and
                   7.07 Class A1 Common Units in APC Holdings

AFF Co-Invest, L.P.
c/o Audax Management Company, LLC
101 Huntington Avenue, 25th Floor
Boston, MA 02199

* Equity Holdings: 287.11 Class A1 Preferred Units and
                   2.90 Class A1 Common Units in APC Holdings

Harvest Partners VII, L.P.
c/o Harvest Partners, LP, 280 Park Avenue
26th Floor, New York, NY 10017

* Equity Holdings: 139,237.34 Class A1 Preferred Units and
                   1,406.44 Class A1 Common Units in APC Holdings

Harvest Strategic Associates VII, L.P.
c/o Harvest Partners, LP
280 Park Avenue, 26th Floor
New York, NY 10017

* Equity Holdings: 1,918.01 Class A1 Preferred Units and
                   19.37 Class A1 Common Units in APC Holdings

AG Grey Goose Holdings LLC
c/o Audax Management Company, LLC
101 Huntington Avenue, 25th Floor
Boston, MA 02199

* Debt Holdings: $6,961,368.74 (acquired Q4 2019)

Harvest Partners VII LP
c/o Harvest Partners, LP
280 Park Avenue, 26th Floor
New York, NY 10017

* Debt Holdings: $11,680,138.27 (acquired Q4 2019)

Harvest Partners VII Parallel LP
c/o Harvest Partners, LP, 280 Park Avenue
26th Floor
New York, NY 10017

* Debt Holdings: $4,994,859.00 (acquired Q4 2019)

Harvest Strategic Associates VII, L.P.
c/o Harvest Partners, LP
280 Park Avenue
26th Floor
New York, NY 10017

* Debt Holdings: $229,699.66 (acquired Q4 2019)

Audax and Harvest retained White & Case LLP in October 2019 and Fox
Rothschild LLP in June 2020 to represent them in connection with
the Debtors' restructuring.

Counsel represents only the Audax and Harvest entities listed in
Exhibit A in connection with the Chapter 11 Cases, and each of
Audax and Harvest has consented to each Counsel's representation of
each entity.

The information contained in this Verified Statement or Exhibit A
attached hereto is intended only to comply with Rule 2019 and
nothing contained in herein should be construed as a limitation or
waiver of any rights of Audax or Harvest.

Under the terms of the RSA, the Debtors are obligated to pay
certain reasonable and documented fees and out-of-pocket expenses
of Counsel. White & Case LLP and Fox Rothschild LLP do not perceive
any actual or potential conflict of interest with respect to the
representation of Audax and Harvest in these Chapter 11 Cases.

Counsel for Audax and Harvest can be reached at:

          Jeffrey M. Schler, Esq.
          Carl D. Neff, Esq.
          Daniel B. Thompson, Esq.
          FOX ROTHSCHILD LLP
          919 North Market Street, Suite 300
          Wilmington, DE 19801
          Telephone: (302) 654-7444
          Facsimile: (302) 656-8920
          Email: jschlerf@foxrothschild.com
                 cneff@foxrothschild.com
                 dthompson@foxrothschild.com

          Thomas E Lauria, Esq.
          WHITE & CASE LLP
          Southeast Financial Center
          200 South Biscayne Boulevard, Suite 4900
          Miami FL 33131-2352
          Telephone: (305) 371-2700
          Facsimile: (305) 385-5744
          Email: tlauria@whitecase.com

             - and -

          David M. Turetsky, Esq.
          Laurent Lantonnois, Esq.
          WHITE & CASE LLP
          1221 Avenue of the Americas
          New York, NY 10020-1095
          Telephone: (212) 819-8200
          Facsimile: (212) 354-8113
          Email: david.turetsky@whitecase.com
                 laurent.lantonnois@whitecase.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/SYzRa1 and https://is.gd/nCdqUQ

                     About APC Automotive

APC Automotive Technologies Intermediate Holdings, LLC, is an
aftermarket suppliers of brake, chassis, exhaust, and emissions
parts for passenger vehicles, trucks, and commercial vehicles.  APC
was formed through the merger of two companies in 2017, AP Exhaust
and Centric.

APC Automotive Technologies Intermediate Holdings and its 13
affiliates sought Chapter 11 protection (Bankr. D. Del. Case No.
20-11466) on June 3, 2020.

Templar Energy was estimated to have $100 million to $500 million
in assets and $500 million to $1 billion in liabilities.

Jonathan S. Henes, P.C. of Kirkland & Ellis LLP and Kirkland &
Ellis International LLP serves as the Debtors' general bankruptcy
counsel; Domenic E. Pacitti, Esq., Morton R. Branzburg, Esq., and
Michael W. Yurkewicz, Esq. of Klehr Harrison Harvey Branzburg LLP
serve as the local bankruptcy counsel.  Jefferies Group LLC acts as
the Company's financial advisor and Weinsweigadvisors LLC as
restructuring advisor.  Ernst & Young LLP is acting as the
Company's tax advisor; and Bankruptcy Management Solutions, Inc.,
serves as the Company's notice agent and administrative advisor.


AUTHENTIC AIR: Small Unsecureds to Recover 30% in Plan
------------------------------------------------------
Authentic Air, LLC, a Louisiana limited liability, submitted a Plan
of Reorganization dated as of April 16, 2020 with Immaterial
Modifications as of May 20, 2020.

The Class 3 Secured Claim of United Community Bank is impaired.
United Community Bank shall maintain a secured claim in the amount
of $247,858.16. The Secured Claim of United Community Bank will be
paid at the rate of 5.25% APR, and principal and interest payments
in the amount of $1,676.61 per month, amortized over twenty (20)
years.

The Class 5 Secured Claim of FC Marketplace is impaired.  FC
Marketplace shall maintain a secured claim in the amount of
$90,131.10, which is secured in full by Debtor's Accounts
Receivables. The Secured Claim of FC Marketplace will be paid at
the fixed rate of 3.25% APR with principal and interest payments in
the amount of $1,629.57 per month over sixty (60) months.

The Class 6 Secured Claim of National Funding, Inc., is impaired.
National Funding will maintain a Secured Claim in the amount of
$111,736, which is secured by Debtor's Accounts Receivables,
equipment, office furniture, materials, and cash deposits minus any
liens on such accounts as of the date of the Commencement Date.
The Secured Claim of National Funding will be paid at the fixed
rate of 3.25% APR with principal and interest payments in the
amount of $2,020 per month over 60 months.   

Class 7 Secured Claim of Infiniti Financial Services  is impaired.
The Debtor will surrender its interest in the 2017 Infiniti QX80
and will turn the vehicle over to Infiniti Financial Services.

The Class 8 Convenience Claims (comprised of unsecured creditors
each with claims of less than $5,000 are impaired.  Holders of
Convenience Class claims shall be paid 30% of their claim on the
Effective Date.  The total payout to Convenience Class claimants is
anticipated to be approximately $5,887.

Class 9 General Unsecured Claims are impaired.  Holders of General
Unsecured Claims will be paid a pro rata share of $60,000. The
payments to General Unsecured Claims will be paid in the amount of
$1,000 per month for 60 months.   

Class 10 Equity Interests are impaired.  On the Effective Date, any
Equity Interest of the Equity Interest Holders will be terminated
and any certificates evidencing same shall be cancelled, and all
such Equity Interests shall be cancelled on the books of the
Debtor.

The Debtor will continue to operate its business which will
generate the revenue to fund this Plan.

A full-text copy of the Plan of Reorganization dated May 20, 2020,
is available at https://tinyurl.com/ya5kx9aa from PacerMonitor.com
at no charge.

Attorneys for the Debtor:

     ERIC J. DERBES
     FREDERICK L. BUNOL
     DAVID M. SERIO
     THE DERBES LAW FIRM, L.L.C.
     3027 Ridgelake Drive
     Metairie, LA 70002
     Phone: (504) 837-1230
     Facsimile: (504) 832-0322

                      About Authentic Air

Authentic Air, LLC -- http://www.authenticairllc.com/-- is an air
conditioning and heating contractor serving the residential and
commercial clients.

Authentic Air filed for Chapter 11 bankruptcy protection (Bankr.
E.D. La. Case No. 19-13273) on Dec. 6, 2019.  In the petition
signed by Anthony Ragusa, managing member, the Debtor listed
$641,751 in assets and $1,801,274 in liabilities.  The Debtor is
represented by Eric J. Derbes, Esq., at The Derbes Law Firm, LLC.


BASIN TRANSLOAD: Deadline on Committee Applications Set for June 17
-------------------------------------------------------------------
The U.S. Trustee is soliciting members for an unsecured creditors
committee in the bankruptcy case of Basin Transload, LLC.

If one wishes to be considered for membership on any official
committee that is appointed, one must complete a required
Questionnaire Form and return it to the Office of the United States
Trustee no later than 4:00 p.m. (Central Standard Time),  on
Wednesday, June 17, 2020 by email to linda.casey@usdoj.gov

A representative from the U.S. Trustee's Office will contact all
creditors submitting a questionnaire to arrange for a telephonic
interview.

Questions should be sent to Linda Casey using the email  addresses
above using the email addresses above.
             
                       About Basin Transload

Basin Transload, LLC -- http://basintransload.com/-- is a
transloading and logistics company serving the Bakken region in
North Dakota.  The Debtor has two transloading and logistics
facilities located in Republic Rail Stop, Beulah, North Dakota, and
Stampede Rail Stop, Columbus, North Dakota.  The Debtor offers
transloading and logistics services (i) at the Beulah Facility for
crude oil and frac sand, and (ii) at the Stampede Facility for
crude oil.  In addition, the Debtor offers a variety of railcar
services at each of the Facilities, including railcar sorting,
cleaning, and storage.

Basin Transload, LLC sought Chapter 11 protection (Bankr. D. Del.
Case No. 20-11462) on June 2, 2020.  The petition was signed by
William Davidson, president.

Basin Transload was estimated to have $3,861,825 in assets and
$13,444,540 in liabilities.

Gregory A. Taylor, Esq. of Ashby & Geddes, P.A. is the Debtor's
bankruptcy counsel.  Cohnreznick LLP acts as acting as
restructuring advisor to the Debtor.  Bankruptcy Management
Solutions, Inc., dba Strettto, serves as the Debtor's claims and
noticing agent.  


BAYOU STEEL: Former Workers Sued the Company for Illegal Dismissal
------------------------------------------------------------------
Wbrz.com reports that the former five employees of local steelwork
plant Bayou Steel sued the company's owners for abruptly dismissing
over 300 workers in 2019.

According to The Advocate, the former Bayou Steel employees are
filing the lawsuit because they believe the plant's owners
deliberately reneged on an employment contract without warning
before shutting the plant down.  Ronnie Millet, Troy Fleming,
Jarrod Nabor, Davarian Ursin, and Charles Ziegeler were operators
and supervisors at Bayou Steel, a 40 year old plant that
specialized in recycling scrap steel.

In September of 2019, their lives were affected when the plant
filed for bankruptcy and laid off 376 workers at its LaPlace
location.

The company had been forced to file for Chapter 11 by its
beneficial owner, the Connecticut-based hedge fund Black Diamond
Capital Management and eventually, over 100 employees were laid off
at three other operations around the country.

The five who filed the lawsuit alleged that the abrupt dismissal of
many workers could have been avoided, as Black Diamond and its
owner, Stephen Deckoff negotiated a new employment contract with
steelworkers in bad faith, knowing for some time before it signed
the contract in late September that it planned to shut the plant
just a few days later.

"Several weeks prior to the closing of the Louisiana facility,
members of the senior Black Diamond management team, including
Stephen Deckhoff, founder and managing principal of Black Diamond,
visited the Louisiana facility and conducted closed-door meetings
with Alton Davis," the plant's chief operating officer at that
time, the lawsuit alleges.

"The purpose of the visit by Stephen Deckhoff and the Black Diamond
management team was to finalize the plans for closing of the
Louisiana facility, including terminating the plaintiffs and class
members with no prior notice whatsoever," which would be a
violation of federal labor law, the suit further alleges.

The lawsuit also recounts testimony given by Alton Davis in
bankruptcy court in Delaware in December 2019, stating that Bayou
Steel had been running down its inventory of scrap steel for months
in anticipation of declaring bankruptcy.

The Advocate reports that neither Deckhoff nor any other
representative of Black Diamond responded to requests for comment
about the allegations. Attorneys for the plaintiffs expect more
former workers to join the class action suit, which is seeking 60
days of pay as well as benefits.

Brent Barriere, a lawyer at Fishman Haygood who is a spokesman for
the six law firms that are representing the plaintiffs, said that
the owners of Bayou Steel must have known when the plant's
management signed a new employment contract with the United
Steelworkers at the end of the previous week that they planned to
shut it down.

"It is inconceivable they didn't know when they reached an
agreement on the Friday that they were going to fire them all on
the Monday," Barriere asserts.

In the years before bankruptcy, Black Diamond cut costs, including
reducing the workforce by about one-third.

When it was forced into Chapter 11 bankruptcy — an attempt to
restructure its debt and keep the company going — Bayou Steel
owed up to $100 million to around 2,000 creditors, including local
suppliers and service providers, and had less than $50,000 in
liquid assets available.

That means creditors such as Bank of America Corp and SunTrust
Banks Inc were first in line to claim whatever assets were
available.They were owed a total of $39 million. This is in
addition to the fact that Black Diamond had a first lien on the
real estate owned by Bayou Steel and second lien on proceeds of
other assets above $39 million.

David Delaneuville, the United Steelworkers representative who
negotiated the Bayou Steel contract last year, said he hopes the
former workers are able to recoup their back pay and benefits. But
he said he doesn't hold out much hope based on previous experience
in trying to recoup employment debts from companies that have
declared bankruptcy.

                       About Bayou Steel

Bayou Steel BD Holdings, LLC, is a North American company focused
on the production of long carbon steel products.  It manufactures
beams, angles, channels, flats, round bars and square bars.  It was
formed in 2016 and is headquartered in La Place, La.

Bayou Steel BD Holdings, BD Bayou Steel Investment, LLC and BD
LaPlace, LLC, sought Chapter 11 protection (Bankr. D. Del. Lead
Case No. 19-12153) on Oct. 1, 2019.  At the time of the filing,
Bayou Steel BD Holdings had estimated assets of less than $50,000
and liabilities of between $50 million and $100 million.  

Judge Karen B. Owens oversees the case.

The Debtors tapped Polsinelli PC as counsel, and Candlewood
Partners, LLC as financial advisor and investment banker.  Kurtzman
Carson Consultants, LLC, is the claims agent.


BENJAMIN R. MCAFEE: Selling Celina Rental Properties for $100K
--------------------------------------------------------------
Benjamin R. McAfee asks the U.S. Bankruptcy Court for the Northern
District of Ohio to authorize the sale of the following rental
properties: (i) a rental home located at 7688 Weitz Rd., Celina,
Ohio on Lot 17 in the Weitz Subdivision, Hopewell Township, Mercer
County, Ohio; and (ii) an adjacent plot of land located at 0 Weitz
Rd., Celina, OH 45822 on Lot 16 in the Weitz Subdivision, Hopewell
Township, Mercer County, Ohio, to Barry and Karen Sue Rolfes for
$100,000.

At the time he filed for bankruptcy relief, the Debtor held an
interest in certain parcels of real property located in Mercer
County, Ohio.  Among the properties of real property owned by the
Debtor are the Rental Properties.

The Rental Properties are designated as Tax Parcel Numbers
24-027900.0000 and 24-028000.0000 by the Mercer County Auditor with
a legal description as follows: Situate in the Township of
Hopewell, County of Mercer, and State of Ohio, to wit; Being Lot
Number Sixteen (16) and Lot Number Seventeen (17) in the Weitz
Subdivision, Mercer County, Ohio, in the Northwest quarter of the
Southwest quarter of Section 25, Town 5 South, Range 2 East,
Hopewell Township, Mercer County, Ohio, as shown on the recorded
plat of said subdivision being Plat Book 6, page 17, of the Mercer
County Recorder's office, Mercer County, Ohio.  Tax Parcel No.
24-027900.0000 and 24-028000.0000.

Second National Bank holds a mortgage against the Rental
Properties, with said mortgage being recorded with the Mercer
County Recorder's Office on Dec. 4, 2014.  The recorded mortgage
has no Volume or Page number, but the designated instrument number
is 201400005526.  The Mortgage secures a note under which there is
presently due the approximate sum of $41,000.

First Financial Bank holds an interest in the Rental Properties
based upon a judgment lien filed in the Mercer County Court of
Common Pleas on Oct. 21, 2019, in Case Number 19-CJD-22045.  The
Judgment Lien also constitutes a lien against those other
properties the Debtor owns in Mercer County, Ohio, certain other
properties of which are the subject of the first motion for
authority to sell property also filed on the date and docketed at
Docket Number 15.  Upon knowledge and belief, there is currently
due and owing on the Judgment Lien an approximate sum of $75,000.
That First Financial Bank's Judgment Lien will be paid in its
entirety from the proceeds of the sale of the property that is the
subject of the first motion for authority to sell property also
filed on the same date with the Motion and docketed at Docket
Number 15.

General Dynamics Land Systems, Inc. also holds an interest in the
Rental Properties based upon a judgment lien filed in the Mercer
County Court of Common Pleas on Feb. 19, 2020, in Case Number
20-CJD-22073.  There is a contested amount due and owing on the
Second Judgment Lien in the amount of $204,854 and interest at the
rate of 1.53% from Oct. 10, 2019 plus accrued interest of $1,073
from Oct. 10, 2019.  The Debtor intends to file a Complaint to
avoid General Dynamics lien as a preferential transfer obtained
within 90 days of the Debtor filing his bankruptcy petition under
11 USC 547.

Mandy McAfee, the spouse of the Debtor may claim an interest in the
Rental Properties by virtue of her rights of dower.

The Debtor has received an offer to purchase the Rental Properties.
The parties have executed their residential real estate purchase
contract.  Under the Purchase Contract, the sale price for the
Rental Properties is $100,000 to the Purchasers.

The Debtor asks authority to sell the Rental Properties to the
Purchasers free from the Mortgage interest claimed by Second
National Bank in the Rental Properties and the judgment lien
interests claimed by First Financial Bank and General Dynamics in
the Rental Properties.  

As a part of the Sale, the Debtor proposes that the proceeds
received from the sale would be distributed as follows:

      (a) All superior liens and other interests held against the
Rental Properties, including delinquent real estate taxes and
pro-rated non-delinquent real estate taxes;  

      (b) Any other necessary miscellaneous closing costs assessed
to the Debtor to effectuate the sale;

      (c) Full payment and satisfaction of the Mortgage held by
Second National Bank; and

      (d) All remaining funds to the Chapter 11 Trustee to be held
pending confirmation of the Plan or further order of the Court,
with any remaining and unpaid secured interests in the Rental
Properties attaching to said funds to the same extent and same
priority under applicable law.

Finally, the Debtor asks the sale will be authorized by 11 U.S.C.
Sections 105, 363, and Bankruptcy Rule 6004.

A copy of the Agreement is available at
https://tinyurl.com/y8lpm8cw from PacerMonitor.com free of charge.

Benjamin R. McAfee sought Chapter 11 protection (Bankr. N.D. Ohio
Case No. 20-31316) on May 15, 2020.  The Debtor tapped Steven L.
Diller, Esq., as counsel.



BENJAMIN R. MCAFEE: Selling Mercer County Property for $175K
------------------------------------------------------------
Benjamin R. McAfee asks the U.S. Bankruptcy Court for the Northern
District of Ohio to authorize the sale of parcels of real property
located in Mercer County, Ohio on which was located 410-foot tower
as well as personal property owned by McAfee Communications, Inc.,
as well as adjacent parcels of land that provides access to the
Tower and the personal property owned by McAfee Communications that
is located on the Tower, to Donald and Michelle Ballinger for
$175,000.

At the time he filed for bankruptcy relief, the Debtor held an
interest in the real property on which was located the Tower, as
well as personal property owned by McAfee Communications, an Ohio
corporation, wholly owned by the Debtor.

Prior to the commencement of the case, the Debtor received and
accepted an offer to purchase the Tower, the real estate on which
it is located as well as adjacent parcels of land that provides
access to the Tower and the personal property owned by McAfee
Communications, that is located on the Tower.  Subsequently he
entered into an Asset Purchase Agreement with the Buyers for
$175,000.

The Debtor would assert that it is impracticable to separate from
the Tower the personal property owned by McAfee Communications as
the costs of removing such property would exceed the value of the
same and as the sole owner of McAfee Communications, such entity
agrees to the sale of such personal property to the Buyers without
any allocation of the purchase price to the same under 11 USC
363(f)(2).  

The Tower is physically located on Lot No. 28, Parcel No.
24-029100.0000, but has guide and support wires that then extend to
adjacent parcels and that in order to provide access to the Tower
also required the sale of additional parcels owned by the Debtor
all of which are located in in the Weitz Subdivision, Hopewell
Township, Mercer County, Ohio and which are designated as Lots and
Tax Parcel Numbers as follows: Lot No. 19-  24-028200.0000, Lot No.
20 - 24-028300.0000, Lot No. 29- 24-029200.0000, Lot No. 31 -
24-029400.0000, Lot. No. 30- 24-029300.0000, and Lot No. 27
-24-029000.0000 by the Mercer County Auditor with the legal
description for each being Lots Numbered 19, 20, 27, 28, 29, 30 and
31 in the Weitz Subdivision, Hopewell Township, Mercer County,
Ohio.

The creditors of the Debtor that claim an interest or lien in the
Real Property and or the Tower as well as the possible claims in
the personal property owned by McAfee Communications which is
attached to the Tower are:

     (a) First Financial Bank claims the first lien in all the
Assets and is believed to be owed approximately a balance of
$75,000 based upon (i) a judgment lien filed in the Mercer County
Court of Common Pleas on Oct. 21, 2019, in Case Number
19-CJD-22045; and (ii)  First Financial Bank also claims a lien in
all assets of the McAfee Communications, Inc. based on a financing
statements of record with the Secretary of State of Ohio under File
Number OH0036487082, Filed on July 27, 2001 and File Number
20081510106, Filed on May 30, 2008;

     (b) General Dynamics Land Systems, Inc. also claims an
interest in Assets based upon (i) a judgment lien filed in the
Mercer County Court of Common Pleas on Feb. 19, 2020, in Case
Number 20-CJD-22073.  The Second Judgment Lien was obtained upon a
default judgment issued in the amount of $204,853.65 plus interest
and costs.

     (c)  In addition, the State of Ohio, Department of Taxation
claims liens against any assets owned by McAfee Communications,
Inc. by virtue of Electronic Tax Liens filed with the Mercer County
Recorder's Office and possibly against the Debtor as a responsible
person under Ohio Revised Code 5747 based on assessments and liens
as follows: (i) 19-ETL-05461 - $589; (ii) 19-ETL-6045 - $311; (iii)
19-ETL-6046 - $1420; (iv) 19-ETL-6047 - $182; (v) 19-ETL-6048 -
$803; (vi) 19-ETL-6120 - $842; (vii) 19-ETL-6121 - $850; (viii)
19-ETL-6122 - $148; (ix) 19-ETL-6123 - $149; (x) 19-ETL-6161 -
$148; (xi) 20-ETL-6162 - $842; and (xii) 20-ETL-6227 - $3,903.

     (d) In addition, Motorola Solutions, Inc.,500 W. Monroe
Street, Suite 4400, Chicago, Illinois 60661 may claim a lien in any
personal property owned by McAfee Communications, Inc. by virtue of
a judgment entered in the Court of Common Pleas, Mercer County,
Ohio in the amount of $130,183 on May 15, 2020 and also a Financing
Statement of record with the Secretary of State of Ohio,
OH00219115763 on Feb. 28, 2018.

     (e) In addition, LCA Bank Corporation, c/o Thomas Billings,
Statutory Agent, 201 S. Main Street, Suite 1800, Salt Lake City, UT
84111 may claim a lien in any personal property owned by McAfee
Communications, Inc. by virtue of a Financing Statements of record
with the Secretary of State of Ohio, OH00207357600 filed on Jan.
13, 2017 and OH00223678640 filed on Aug. 1, 2018.

     (f) In addition, Mandy McAfee, the spouse of the Debtor may
claim an interest in the real property by virtue of her rights of
dower.  

Pursuant to his Motion, the Debtor asks authority from the Court to
sell the Assets to the Purchasers pursuant to the Purchase
Agreement.  He further asks authority from the Court to sell the
Assets to the Purchasers free and clear of all claimants set
forth.

As a part of the Sale, the Debtor proposes that the proceeds
received from the sale would be distributed as follows:

      (a) All statutory liens and other interests held against
Assets, including delinquent real estate taxes and pro-rated
non-delinquent real estate taxes;

      (b) Any other necessary miscellaneous closing costs assessed
to the Debtor to effectuate the sale, including deed preparation,
conveyance fees and recording costs;

      (c) Full payment and satisfaction of the judgment lien and
security interests held by First Financial Bank; and

      (d) All the remaining funds to the Chapter 11 Trustee to be
held in trust and to be used to fund Debtor's plan of
reorganization, with any remaining and unpaid secured interests in
the Assets attaching to said funds to the same extent and same
priority under applicable law.   

Finally, the Debtor asks the sale will be authorized by 11 U.S.C.
Sections 105, 363, and Bankruptcy Rule 6004.

A copy of the Agreement is available at
https://tinyurl.com/ya86v6nc from PacerMonitor.com free of charge.

Benjamin R. McAfee sought Chapter 11 protection (Bankr. N.D. Ohio
Case No. 20-31316) on May 15, 2020.  The Debtor tapped Steven L.
Diller, Esq., as counsel.



BIOLASE INC: Prices $6.9 Million Registered Direct Offering
-----------------------------------------------------------
BIOLASE, Inc. has entered into a securities purchase agreement with
institutional investors to purchase approximately $6.9 million of
its common stock in a registered direct offering priced
at-the-market under Nasdaq rules and warrants to purchase common
stock in a concurrent private placement.  The combined purchase
price for one share of common stock and warrant to purchase one
share of common stock will be $0.64.

Under the terms of the securities purchase agreement, BIOLASE has
agreed to sell 10,800,000 shares of common stock.  In a private
placement, which will be consummated concurrently with the
Offering, BIOLASE also has agreed to issue warrants to purchase up
to an aggregate of 10,800,000 shares of common stock.  The warrants
will be immediately exercisable, will expire 5.5 years from the
date of issuance and will have an exercise price of $0.515 per
common share.

The gross proceeds to the Company from the registered direct
offering and concurrent private placement are estimated to be
approximately $6.9 million before deducting the placement agent's
fees and other estimated offering expenses.  The offering is
expected to close on or about June 10, 2020, subject to the
satisfaction of customary closing conditions.

Maxim Group LLC, The Benchmark Company, LLC & Colliers Securities
LLC are acting as co-placement agents for the offering.

The shares of common stock are being offered pursuant to a shelf
registration statement on Form S-3 (File No. 333-233172) previously
filed and declared effective by the Securities and Exchange
Commission.  The offering of the shares of common stock will be
made only by means of a prospectus supplement that forms a part of
the registration statement.

                         About BIOLASE

BIOLASE -- http://www.biolase.com/-- is a medical device company
that develops, manufactures, markets, and sells laser systems in
dentistry, and medicine.  BIOLASE's products advance the practice
of dentistry and medicine for patients and healthcare
professionals.  BIOLASE's proprietary laser products incorporate
approximately patented 261 and 52 patent-pending technologies
designed to provide biologically clinically superior performance
with less pain and faster recovery times.  BIOLASE's innovative
products provide cutting-edge technology at competitive prices to
deliver superior results for dentists and patients.  BIOLASE's
principal products are revolutionary dental laser systems that
perform a broad range of dental procedures, including cosmetic and
complex surgical applications, and a full line of dental imaging
equipment.  BIOLASE has sold over 41,200 laser systems to date in
over 80 countries around the world.  Laser products under
development address BIOLASE's core dental market and other adjacent
medical and consumer applications.

Biolase reported a net loss of $17.85 million for the year ended
Dec. 31, 2019, compared to a net loss of $21.52 million for the
year ended Dec. 31, 2018.  As of March 31, 2020, the Company had
$24.53 million in total assets, $25.42 million in total
liabilities, $3.96 million in total redeemable preferred stock, and
a total stockholders' deficit of $4.86 million.

BDO USA, LLP, in Costa Mesa, California, the Company's auditor
since 2005, issued a "going concern" qualification in its report
dated March 27, 2020 citing that the Company has suffered recurring
losses from operations, has negative cash flows from operations and
has uncertainties regarding the Company's ability to meet its debt
covenants and service its debt.  These factors, among others, raise
substantial doubt about its ability to continue as a going concern.


BLUE SKY: Proposes Auction Sale of Catering Business Assets
-----------------------------------------------------------
Blue Sky Events, LLC, asks the U.S. Bankruptcy Court for the
Eastern District of Virginia to authorize the auction sale of
tangible assets, to include furniture, fixtures, equipment,
supplies, and inventory located at 7146 Farm Station Road, Vint
Hill, Virginia where it operated a catering business.

Incident to the operation of its catering business, the Debtor
owned and used the Proposed Assets.  The Proposed Assets are
located at the Business Premises.

Incident to the Companion Case, Farm Station Cafe, LLC, has also
filed a motion to sell its assets.  The motion to sell assets in
the Companion case will be presented to the Court at the same time
the Motion is presented.

Based upon the existing environmental conditions, to include the
impact and effects of the Covid-19 pandemic, the Debtor is not able
to conduct is ordinary business affairs and the only means to
obtain funds to satisfy the claims of creditors in the matter is
the sale as proposed in the Motion.

If the Motion and the motion in the Companion Case are granted, the
Debtor anticipates that the proceeds may be used to pay priority
claims in the matter; however, neither the Debtor (in the case) nor
Farm Station Café, LLC intends to address the use or treatment of
any proceeds of any sale within this motion (or the motion in the
Companion Case) other than to request that if the Court determines
that there are any liens against the Proposed Assets, that any such
liens be removed from the Proposed Assets and that such liens
attach to the proceeds of the sale of the Proposed Assets.

The Proposed Assets may be subject to pre-petition liens or claims
by the Virginia Department of Taxation and any liens or claims from
Building 2400, LLC as the Debtor's landlord.  The proposed sale
would also be free and clear of any liens, claims, or interests
emanating from post-petition Judgement No. 2020-00000225 in favor
of the Virginia Department of Taxation which appears to be a
Memorandum of Lien dated Feb. 28, 2020 and recorded March 9, 2020.


A sale free and clear of liens, claims, encumbrances, rights and
interests is necessary to maximize the value of the Proposed
Assets.  Any lien, claim or interest in the Proposed Assets that
exists immediately prior to the closing of the Sale will attach to
the Sale proceeds.

The Debtor asserts that good cause exists to expose the Proposed
Assets to sale at a public auction which is proposed to be held by
the Court incident to any hearing upon this motion (and also
incident to any hearing the Court may hold with respect to the
corresponding motion in the Companion Case).

The Debtor proposes that, at the conclusion of any Auction, that
the prevailing bidder will pay the amount of the prevailing bid,
either by certified funds, cashier’s check, or other medium
approved by the Court to either the Debtor or its counsel, and that
the Debtor be execute and deliver an appropriate bill of sale
conveying the Debtor's and the Estate's interest in the Proposed
Assets.

The Debtor believes that the proposed Procedures carefully balance
the Debtor's interests in: (i) preserving the opportunity to
attract good offers for the valuable lease; and (ii) expediting the
sale process.  The Procedures are fair and reasonable, reflect the
exercise of prudent business judgment consistent with the Debtor's
fiduciary duties, and represent the best method to maximize the
value to the estate of the Proposed Assets.

Pursuant to Fed. R. Bankr. P. 6004(h), incident to the request, the
Debtor asks that the Court dispenses with any stay of any order
authorizing the sale of the Proposed Assets.

                    About Blue Sky Events LLC

Blue Sky Events LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Va. Case No. 20-10683) on March 3,
2020, listing under $1 million in both assets and liabilities. John
P. Forest, II, Esq. is the Debtor's counsel.


BLUE WATER: Court Approves Disclosure Statement
-----------------------------------------------
Judge Mindy A. Mora has ordered that the Disclosure Statement
explaining the Chapter 11 Plan filed by Blue Water Powerboats,
Inc., is approved.

The hearing to consider confirmation of the Debtor's Plan will be
on June 30, 2020 at 1:30 p.m. in United States Bankruptcy Court
Courtroom A, 8th Floor 1515 North Flagler Drive West Palm Beach,
Florida 33401.

The deadline for objections to claims will be on May 21, 2020.

The deadline for objections to confirmation and for filing ballots
accepting or rejecting plan will be on June 16, 2020.

                 About Blue Water Powerboats

Blue Water Powerboats, Inc., is a recreational boating lessor that
rents boats on a half-day to daily basis to consumer individuals at
its offices in Riviera Beach, Florida.

Blue Water Powerboats sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 18-21113) on Sept. 10,
2018.  At the time of the filing, the Debtor was estimated to have
assets of less than $50,000 and liabilities of less than $500,000.
Judge Mindy A. Mora oversees the case.  The Debtor tapped David
Lloyd Merrill, Esq., at The Associates, as its legal counsel.

The Debtor's president, Mark Pollio, is subject to an affiliated
bankruptcy case, Case No. 18-21115.


BOBBY DEAN JONES: Sale of Real & Personal Properties Approved
-------------------------------------------------------------
Judge Stephani W. Humrickhouse of the U.S. Bankruptcy Court for the
Eastern District of North Carolina authorized Bobby Dean Jones, Jr.
doing business as Buzz Kutz, doing business as Melons and Bloomers,
and Lisa Ginn Jones, formerly known as Lisa Carmen Ginn, to sell
the following assets, free and clear of all liens, encumbrances,
claims, rights, and other interests:

     a. the real property located at 6594 Hwy. 13 S., Snow Hill,
North Carolina; Book 686, Page 40, Greene Co. ROD, 2.09 acres, and


     b. the following personally:

          i. Three greenhouses located on 6594 Hwy. 13 S., Snow
Hill, NC 28580, un-affixed to real property;

         ii. CASE 3950 22' finish harrow disc 9" spacing; and

        iii. 2007 Cargo Star enclosed trailer, VIN
1E9BE20217E353478.

Any party asserting a lien against an item of the Property will be
granted a replacement lien in the respective proceeds generated by
a sale of that item of the Property.

The Chapter 11 case is In re BOBBY DEAN JONES, JR. d/b/a Buzz Kutz
d/b/a Melons and Bloomers, and LISA GINN JONES f/k/a Lisa Carmen
Ginn (Bankr. E.D.N.C. Case No. 20-00780-5-SWH).


BOW RIVER: Obtains Initial Stay Under CCAA
------------------------------------------
An order was granted by the Honourable Madam Justice A. D. Grosse
of the Court of Queen's Bench of Alberta pursuant to the Companies'
Creditors Arrangement Act, on June 1, 2020, granting Bow River
Energy Ltd.various relief including, but not limited to, the
imposition of an initial stay of proceedings against the Company
and its assets through to June 11, 2020.

The Court appointed BDO Canada Limited as the monitor of the
Company.

Pursuant to the CCAA Initial Order, the Company is to continue to
carry on operations in a manner consistent with the commercially
reasonable preservation of its business while it considers and
pursues restructuring alternatives.   

The CCAA Initial Order provides that claims against Bow River in
relation to obligations arising prior to June 1, 2020, including
for goods and services supplied to Bow River prior to that date,
are suspended, and creditors are prohibited from continuing or
taking any actions or exercising any rights against Bow River
except with leave of the Court.

Copies of the Initial Order and other related documents in
connection with these CCAA Proceedings have been posted on the
Monitor's website at: https://www.bdo.ca/en-ca/extranets/bowriver/

Monitor can be reached at:

   BDO Canada LLP
   Attention: Marc Kelly
              Charla Smith
   620, 903 8 Ave. SW
   Calgary, AB T2P 0P7
   Email: makelly@bdo.ca
          chasmith@bdo.ca

Counsel for Bow River Energy Ltd.:

   Borden Ladner Gervais LLP
   Attention: Robyn Gurofsky
              Jessica Cameron
   1900, 520 3rd Ave. SW
   Calgary, AB T2P 0R3
   Email: rgurofsky@blg.com
          jcameron@blg.com

Counsel for Monitor:

   Bennett Jones LLP
   Attention: Keely Cameron
   4500, 855 2 Street SW
   Calgary, AB T2P 4K7
   Email: cameronk@bennettjones.com

Bow River Energy Ltd. -- http://www.bowriverenergy.com/-- is a
privately-held oil and natural gas production company with
operations in Alberta and Saskatchewan.


BRIDGE STREET: $411K Sale of Holyoke Property to Next Approved
--------------------------------------------------------------
Judge Elizabeth D. Katz of the U.S. Bankruptcy Court for the
District of Massachusetts authorized Bridge Street Equities, LLC's
sale of the land and buildings located at 510 S. Bridge Street,
Holyoke, Massachusetts, as more particularly described in the
Agreement and in a Deed recorded at the Hampden County Registry of
Deeds in Book 22040 Page 343, to Next Realty, Inc. or its nominee
for $411,123, pursuant to the terms of the Purchase and Sale
Agreement.

The sale of the Premises is free and clear of all liens and
encumbrances (discharging these liens) including, without
limitation, all voluntary, involuntary, judicial and statutory
liens and encumbrances.

The Debtor is authorized and ordered to make distributions as
follows:

      (a) To the City of Holyoke all municipal liens and charges,
including Real Estate Taxes, Water and Sewer charges, and Utility
charges owed to the Holyoke Gas and Electric as it regards the
Premises estimated at $10,000;  

      (b) Other necessary fees required by the Registry of Deeds or
other routinely necessary charges for a real estate closing,
estimated at $3,500;

      (c) A real estate broker's fee of $20,556 (5% of the sales
price) to Robert Kushner/Kushner Realty, Inc;  

      (d) $3,000 being reserved for payment to Randy Kaston, Esq.,
as special counsel to the Debtor for her fees, such amount being
subject to a fee application being approved, with the difference
between the amount approved and the amount of $3,000.00 being held
to be distributed as provided in the Order;
       
      (e) $5,000 of the sales price for legal fees and costs for
the Debtor's counsel subject to approval of the Bankruptcy Court;
and  

      (f) The balance of the sales proceeds will be paid to the
Audrie Brooks Family Fund, LLC on account of its mortgage as
described.

The filing of the Deed together with the Order of the Court
regarding the sale will act to discharge all liens, encumbrances,
charges and claims of every kind and description on the Premises,
including the liens described.

If Next Realty, Inc. fails to perform under the Agreement and the
Order, Durand Real Estate Investment, LLC, or its nominee, is
authorized to purchase the Premises under the Order for the
purchase price of $355,000.

As provided by Bankruptcy Rules 6004(h), the Sale Order will not be
stayed for 14 days after entry and will be effective immediately
upon entry.   

                  About Bridge Street Equities

Bridge Street Equities, LLC, is a limited liability company that
owns a rental apartment building located at 510 S Bridge Street,
Holyoke, Massachusetts.  It also conducts related estate business.

Bridge Street Equities filed a voluntary petition seeking relief
under Chapter 11 of the Bankruptcy Code (Bankr. D. Mass. Case No.
19-30718) on Sept. 9, 2019.  Pursuant to 11 U.S.C. Sec. 1107, the
Debtor is operating its businesses and managing its affairs and
properties as a debtor-in-possession.  The Debtor was estimated to
have under $1 million in both assets and liabilities in its
petition.

The Debtor hired the Law Offices of Louis S. Robin, as counsel; and
Ligris & Associates, P.C., and Sloane and Walsh, LLP, as special
counsel.


BRONX MIRACLE: Trustee Sets Auction Procedures for Bronx Property
-----------------------------------------------------------------
Deborah J. Piazza, the Chapter 11 Trustee of Bronx Miracle Gospel
Tabernacle Word of Faith Ministries, Inc., filed with the U.S.
Bankruptcy Court for the Southern District of New York a notice of
her proposed bidding procedures in connection with the auction sale
of the real property located at 2910 Barnes Avenue, Bronx, New York
(Block 4550, Lot 10), free and clear of all liens, claims ,
interests, and encumbrances.

A hearing on the Motion is set for June 18, 2020 at 10:00 a.m.  The
objection deadline is June 11, 2020 at 5:00 p.m.

The Debtor's primary asset is the Property, situated on which is a
church (formerly a synagogue) and a small, stand-alone garage.    

On Dec. 9, 2019, Newell Funding, LLC , the holder of the existing
mortgage on the Property, moved for the appointment of a Chapter 11
trustee or an order lifting the automatic stay.  The Lender Motion
detailed the long and tortured history of the litigation between
the Debtor and Lender, including proceedings in the Debtor's
previous Chapter 11 case in the Court (Case No. 17-11395-SMB),
which the Court dismissed on May 24, 2018), numerous state court
foreclosure proceedings and proceedings in the case (the Debtor's
second Chapter 11 case).

The Trustee's Broker, Tamerlain Realty Corp., has been marketing
the Property, and various parties have expressed an interest in
making an offer to purchase the Property.  However, as of the date
of the Motion, no formal offers have been received.  

By the Motion, the Trustee asks approval of bidding and auction
procedures in connection with the Sale of the Property.  At this
juncture, the Trustee has not yet decided whether she will sign a
stalking horse purchase agreement or simply schedule an auction
with a minimum bid.  In either event, the bid procedures provide
for an orderly auction pursuant to customary bid procedures, and
the Trustee requests the authority to execute a stalking horse
purchase agreement and provide the stalking horse purchaser with
customary bid protections, including a break-up fee/expense
reimbursement.  

The Property is located in the Allerton neighborhood of the Bronx,
NY and runs street to street from Barnes Ave to Matthews Ave. The
total lot size of the Property is approximately 50' x 200'
consisting of an approximately 13,500 square foot church (formally
a synagogue) (50' x 90') and approximately 5,500 square feet of
land with a small, stand-alone garage.  The zoning is R6, with an
M1 building class, and is under-built as there is an additional
approximately 10,800 buildable square feet.    

On March 6, 2008, the Lender made a loan to the Debtor in the
principal amount of $425,000 secured by a mortgage upon the
Property.  The Loan matured on March 5, 2009 and was not repaid.

On Jan. 23, 2015, the Lender commenced a mortgage foreclosure
action and was granted a judgment of foreclosure on March 2, 2017,
which determined the amount owed to Lender was $1,196,034, together
with interest from Oct. 16, 2015 plus additional amounts provided
for in the Foreclosure Judgment aggregating $1,354,339.  The Lender
asserts it is owed $1,713,331 for the Judgment Amount plus
statutory post-judgment interest of $358,992 through Feb. 12, 2020.


The Trustee and Newell negotiated a carve-out of Newell's lien on
the Property to assure payment of a certain amount of
administrative expenses.  The Trustee and Newell have agreed on the
following carve-out agreement, subject to the approval of the
Court:  

     a. If Newell purchases the Property pursuant to a successful
credit bid of less than $1.6 million: $85,000 carve-out to be paid
by Newell to the estate and Newell will waive any claim against the
estate for any deficiency.  The Trustee's broker (Tamerlain) waives
any right to a commission if Newell purchases the Property pursuant
to a credit bid of any amount under this clause a. or clause b.

     b. If Newell purchases the Property pursuant to a successful
credit bid of $1.6 million or more: $90,000 carve-out to be paid by
Newell to the estate, and carve-out will be raised an additional
$10,000 for each $100,000 increment for which Newell successfully
credit bids above $1.6 million (e.g., at a credit bid of $1.7
million, carve-out is increased to $100,000, at a credit bid of
$1.8 million, carve-out is increased to $110,000, etc.), but for
each $100,000 increment above $2 million, the increase will be
$15,000 (e.g., a purchase price of $2.1 million would increase the
carve-out to $145,000).  

     c. If the Property is sold to a cash buyer: $85,000 carve-out
from sale proceeds to the estate, plus in all cases the 4%
commission to the broker (inclusive of any 2% co-brokerage
commission) with remainder to be paid to Newell at closing. $85,000
carve-out increased by $10,000 for each $100,000 increment for
which cash purchase price exceeds $1.6 million (e.g., at a sale for
$1.7 million, carve-out is increased to $95,000, at a sale for $1.8
million, carve-out is increased to $105,000, etc.), but for each
$100,000 increment above $2 million, the increase will be $15,000
(e.g., a purchase price of $2.1 million would increase the
carve-out to $140,000).   

     d. In the event any lien is asserted against the Debtor’s
bankruptcy estate for transfer taxes or real estate taxes, county
taxes, municipal taxes, assessments, special assessments or the
like, which would constitute a lien senior to that of Newell and
have to be paid at any foreclosure sale or any bankruptcy sale (or
remain a lien on the Property), the amount of the tax lien for
which the estate is actually liable, along with any accrued
interest, will be paid (i) in cash by Newell if Newell purchases
the Property by credit bid, or (ii) from the Proceeds if the sale
is made to a cash buyer.  Newell will have standing to object to
any such tax lien but no obligation to do so.  If Newell elects to
object to the any such tax lien, such objection will be handled by
its own counsel unless Newell and the Trustee agree otherwise in
writing.  If Newell elects not to object, but requests that the
Trustee do so, the Trustee will have no obligation to do so unless
the Trustee and Newell reach a mutually satisfactory agreement for
an additional carve-out for legal fees associated with any such
objection.  Regardless of whether Newell objects or requests that
the Trustee object (pursuant to a mutually satisfactory additional
carve-out agreement), the Trustee may object if she deems it
necessary or appropriate, but Newell will have no liability to the
estate for fees relating to any such Trustee objection unless it
agrees otherwise in writing. In the event that Newell objects to
any tax lien, the Trustee will cooperate with Newell by providing
copies of such books and records that may be requested by Newell
relating to any such tax lien.  

     e. The Trustee will pay all Proceeds to Newell at the Closing,
less any applicable Carve-Out Amounts.  Notwithstanding anything to
the contrary herein, any Carve-Out Amounts will first be paid out
of any Proceeds before Newell will be obligated to pay any
Carve-Out Amounts.

By the Motion, the Trustee asks entry of the Procedures Order: (i)
approving procedures for submitting bids for the Property,
including setting a date on July 15, 2020 at 5:00 p.m. (EDT) as the
deadline for any Qualified Bidder to submit a Qualified Bid for the
Property; (ii) authorizing the Trustee to conduct an auction on
July 20, 2020 with respect to the Property; (iii) approving certain
notice procedures with respect to the Sale of the Property; (iv)
approving the form of the purchase and sale agreement; (v)
authorizing the Trustee, in consultation with the Lender, to enter
into a stalking horse contract substantially in the form of the
Purchase Agreement, no later than June 30, 2020 and in the event
the Trustee executes a stalking horse contract, authorizing the
Trustee to provide a break-up fee of $30,000 to the stalking horse
purchaser in the event the stalking horse purchaser is out bid for
the Property at the Auction; and (vi) setting the Sale Hearing at
the Court’s earliest convenience but not later than July 23,
2020.

The Trustee believes, under the circumstances detailed in the
Motion and in light of the continued accrual of administrative
expenses in the case, it is in the best interest of its estate and
creditors to promptly pursue the sale of the Property in accordance
with the proposed auction procedures.

The Trustee asks that the Auction Procedures be established to
govern the Sale process.  She proposes to establish a date on July
15, 2020 Bid Deadline by which prospective bidders must submit a
$150,000 cash deposit and written binding Bids to purchase the
Property.  Only timely Bids meeting all of the requirements of a
Qualified Bid made by a Qualified Bidder will be eligible for
participation in the Auction.

The Lender will be deemed a Qualified Bidder and will be entitled
to credit bid the portion of its secured claim consisting of the
Judgment Amount plus statutory interest as of the Auction Date.

The Trustee proposed to establish a date on July 20, 2020 as the
Auction date in the event a Qualified Bid is timely received by the
Trustee.   In the event no stalking horse contract is executed, the
first bid after the opening bid will be at least $25,000 more than
the initial opening bid and all subsequent bids will be $10,000
higher than the previous bid.  In the event a stalking horse
contract is executed, the initial opening bid at the Auction will
be $50,000 above the purchase price in the stalking horse contract,
and subsequent bids will be $10,000 higher than the previous bid.
In the event the stalking horse buyer is out bid at the Auction
(other than by Newell as a credit bidder with a Successful Bid of
$1.5 million or more), the stalking horse buyer will be entitled to
receive a break-up fee of $30,000.

Upon the conclusion of any bidding at the Auction, she will
determine the Successful Bidder unless the highest bid is a credit
bid by the Lender, in which case the Property will be sold to the
Lender.  The Court will hold the Sale Hearing as promptly as
possible, to confirm the results of the Auction, if any.   

The Trustee shall, after consultation with the Lender, determine,
in her business judgment, which Qualified Bid at the Auction is the
highest and otherwise best offer if any such bids exceed any credit
bid made by the Lender.  Once the Successful Bidder is identified
or if Newell is the highest bidder with a credit bid, the Trustee
will submit its bid for approval by the Court at the Sale Hearing.


The closing of the Sale pursuant to the Auction will take place in
accordance with the terms of the PSA unless the Sale is to be to
Newell based on a credit bid, in which case the Sale will close in
accordance with the terms of the Auction Procedures and Procedures

Order.

A co-brokerage commission of 2% of a Successful Bid cash price will
be paid by the Trustee, to the real estate broker acting as a
"Buyer Broker" whose client pays and closes on the Property.

The Trustee will provide accurate and reasonable notice of the Sale
of the Property under all of the facts and circumstances of the
case.

The Trustee's proposed Sale of the Property is a conveyance
pursuant to section 363 of the Bankruptcy Code, and the Property
will be transferred from a not for profit corporation.
Accordingly, the Sale should not be subject to any New York City
transfer tax or
any New York State transfer tax.  

A copy of the Auction Procedures is available at
https://tinyurl.com/ybdy82aj from PacerMonitor.com free of charge.

              About Bronx Miracle Gospel Tabernacle
                 Word of Faith Ministries, Inc.

Bronx Miracle Gospel Tabernacle Inc. --
http://www.bronxmiracle.org/-- is a not-for-profit religious
corporation in Bronx, New York.  

The Debtor previously sought bankruptcy protection on May 22, 2017
(Bankr. S.D.N.Y. Case No. 17-11395).

The Debtor again sought bankruptcy protection (Bankr. S.D.N.Y. Case
No. 19-12447) on July 28, 2019. In the petition signed by Rev. Dr.
Keith Elijah Thompson, pastor, the Debtor estimated $1 million to
$10 million in both assets and liabilities. Barak P. Cardenas, Esq.
at CARDENAS ISLAM & ASSOCIATES, PLLC, serves as the Debtor's
counsel.

On Jan. 27, 2020, the Court confirmed the appointment of Deborah J.
Piazza as the Chapter 11 Trustee.

On April 2, 2020, the Court appointed Tamerlain Realty Corp. as the
Trustee's real estate broker.


BURNINDAYLIGHT LLC: Seeks to Hire Better Properties as Broker
-------------------------------------------------------------
Burnindaylight, LLC seeks approval from the U.S. Bankruptcy Court
for the Western District of Washington to hire Ben Lieurance of
Better Properties NW as its broker.

Mr. Lieurance will assist the Debtor with the sale of its property
located at 4734 Glenwood Ave.; Everett, WA 98203.

The Debtor will pay the broker a commission of 5 percent of the
sales price.

Mr. Lieurance represents no interests adverse to Debtor or the
parts of the estate and is a "disinterested party" as defined in 11
U.S.C. Sec. 101(14).

Mr. Lieurance can be reached at:

     Ben Lieurance
     Better Properties NW
     33710 9th Ave South Ste 4
     Federal Way, WA 98003
     Phone: 253-255-8742

             About Burnindaylight LLC

Burnindaylight, LLC, a privately held company in Renton, Wash.,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
W.D. Wash. Case No. 19-14587) on Dec. 19, 2019.  At the time of the
filing, the Debtor disclosed assets of between $1 million and $10
million and liabilities of the same range.  The case is assigned to
Judge Marc Barreca.  The Debtor is represented by Darrel B. Carter,
Esq., at CBG Law Group, PLLC.


BUZZARDS BENCH: Sets Bid Procedures for Substantially All Assets
----------------------------------------------------------------
Buzzards Bench, LLC, and Buzzards Bench Holdings, LLC, ask the U.S.
Bankruptcy Court for the Southern District of Texas to authorize
the bidding procedures in connection with the auction sale of
substantially all their assets.

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

The Debtors were formed for the specific purpose of acquiring
under-managed natural gas properties. Consistent with its business
plan, in February 2019, Opco acquired a historically prolific
natural gas field located in Utah -- the Buzzards Bench asset.  The
Field is approximately 20% of the Greater Drunkards Wash complex.
Currently, Opco owns and operates 128 natural gas producing wells
across the Field’s approximately 47,000 net acres (73 square
miles).  Opco additionally owns and operates the Castle Valley
Processing Plant, a 150 mmcf per day natural gas processing plant
that is critical to Field operations.

The Court's Final Cash Collateral Order sets forth certain sale
milestones  and other requirements relating to a sale of the
Debtors’ assets to which the Debtors agreed in conjunction with
reaching an agreement for the consensual interim and final use of
cash collateral with 405 Redfish, LLC, the agent to their
prepetition lenders, and the remaining Pre-Petition Secured
Parties.  

As contemplated by the PSA, the Proposed Sale of the Assets is
subject to a competitive Auction process that will help to ensure
maximum value for the Assets will be realized for the Debtors’
estates and their creditors.  Accordingly, the Debtors have filed
the Motion asking approval of the Bidding Procedures and, following
a subsequent hearing, approval of the Proposed Sale of the Assets
to the Successful Bidder.

In compliance with the Milestones, the Debtors have filed a motion
asking to retain The Claro Group, LLC as financial and marketing
advisor to assist with the sale of the Assets.  Once the Bidding
Procedures are approved, Claro will work with the Debtors and
interested third parties to procure a transaction that maximizes
the value of the Assets.  

Pursuant to the procedures, among other things, potential bidders
will receive notice of the Bidding Procedures, will be informed how
to qualify as a bidder, and how to submit a qualified bid.  In
addition, creditors and other parties in interest will receive
reasonable notice of the Sale Hearing to consider the Proposed Sale
and have an opportunity to object thereto, and parties will also be
afforded reasonable notice and an opportunity to object to the
assumption and assignment of executory contracts and unexpired
leases, if any, as part of the Proposed Sale.

The Motion asks relief in two stages.  First, the Debtors ask an
order approving the Bidding Procedures, authorizing the Auction,
and scheduling the Sale Hearing.  Second, they ask an order
approving the Proposed Sale and related transactions at the Sale
Hearing.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Aug. 31, 2020 at 4:00 p.m. (CT)

     b. Initial Bid: An amount that exceeds Stalking Horse Bid by
the amount of the Break-Up Fee plus an additional $100,000

     c. Deposit: 10% of the total purchase price

     d. Auction: If the Debtors receive more than one Qualified
Bid, an auction will be conducted, upon notice to all Qualified
Bidders who have submitted Qualified Bids, at 10:00 a.m. (CT) on
Sept. 8, 2020, at the offices of Gray Reed & McGraw LLP, 1300 Post
Oak Boulevard, Suite 2000, Houston, Texas 77056, in accordance with
the terms of the Bidding Procedures.

     e. Bid Increments: $100,000

     f. Sale Hearing: Sept. 11, 2020 at TBD (CT)

     g. Sale Objection Deadline/Deadline to object to assumption
and assignment of the Assumed Contracts: Sept. 9, 2020 at 4:00 p.m.
(CT)

     h. Closing: TBD

     i. Deadline to file initial Cure Notice: Augu. 11, 2020

     j. Deadline to object to any Cure Amount: Aug. 31, 2020 at
4:00 p.m. (CT)

     k. Notifications to Qualified Bidders: Sept. 3, 2020

     l. Return of Deposit to non-Qualified Bidders: Sept. 8, 2020

     m. Deadline to file Assumed Contract Schedule: Sept. 10, 2020
at 4:00 p.m. (CT)

Any Transaction(s) entered into with the Debtors will be on an "as
is, where is" basis and without representations or warranties of
any kind, nature, or description, free and clear of all Claims and
Interests.

Any creditor that has a valid, perfected, unavoidable, and
enforceable security interest in the Debtors' assets may make one
or more credit bids for all or any portion of the secured claim(s)
held by such Secured Party at the Auction, subject to the
requirements of section 363(k) of the Bankruptcy Code.

In the exercise of their business judgment, the Debtors may,
without any obligation to do so, select one or more bidders to act
as a stalking horse, after consultation with 405 Redfish and any
statutory committee.  Further, as contemplated by the Bidding
Procedures Order, the Debtors will be permitted, but not directed,
to incur and pay a break-up fee in an amount not to exceed 3% of
the cash component of a Stalking Horse Bid and, in the Debtors'
discretion, an expense reimbursement of no more than 0.5% of the
total purchase price.

Within three business days after entry of the Bidding Procedures
Order, the Debtors will serve copies of the Motion and Bidding
Procedures Order upon the Notice Parties.

The Debtors ask approval of the PSA, subject to such modifications
as may be submitted by potential bidders and accepted by the
Debtors, after consultation with 405 Redfish and any statutory
committee in connection with the Proposed Sale and in the exercise
of their business judgment.

The Debtors ask authority to assume and assign to the Successful
Bidder certain executory contracts and unexpired leases to be
designated by the Successful Bidder.  On Aug. 11, 2020, the Debtors
propose to file with the Court an initial schedule of executory
contracts and unexpired leases that may be assumed and assigned as
part of the Proposed Sale.  Concurrently therewith, the Debtors
will serve the Cure Notice upon each counterparty to the Potential
Assumed Contracts.

The Debtors believe that the timeline is reasonable, and otherwise
complies with the Milestones and requirements for the sale process
set forth in the Final Cash Collateral Order.  Claro began its
marketing efforts on May 18, 2020.  Thus, by the time the Bid
Deadline arrives, marketing will have been under way for no less
than three months, and the proposed Auction date will be over four
months after the Petition Date.  These deadlines are consistent
with deadlines often established for asset sales in other chapter
11 cases.

In light of the Milestones and the need to comply therewith, as
well as the need and desire to move swiftly towards closing of the
sale, the Debtors ask that the Court waives the 14-day stay period
under Bankruptcy Rule 6004(h).

A copy of the Bidding Procedures and PSA is available at
https://tinyurl.com/ycprhply from PacerMonitor.com free of charge.

                      About Buzzards Bench

Buzzards Bench -- https://www.buzzardsbench.com/ -- owns and
operates natural gas production and processing assets located in
Carbon and Emery Counties in Utah. Buzzards Bench was established
in 2018 initially to acquire properties located in the Buzzards
Bench field in the State of Utah. These properties were previously
owned and operated by XTO Energy Inc., a subsidiary of ExxonMobil
Corporation.

Buzzards Bench, LLC, based in Houston, TX, and its debtor
affiliates sought Chapter 11 protection (Bankr. S.D. Tex. Lead Case
No. 20-32391) on April 30, 2020.  In its petition, the Debtor was
estimated to have $10 million to $50 million in both assets and
liabilities.  The petition was signed by Jeffrey Clarke, CEO and
manager.  The Hon. David R. Jones oversees the case.  GRAY REED &
MCGRAW LLP, serves as bankruptcy counsel to the Debtor.


CARLOS H. ORTIZ: Selling Arecibo & Hatillo Properties for $600K
---------------------------------------------------------------
Carlos H. Ortiz Colon, his wife, Maribel Rodriguez, and Vaqueria
Ortiz Rodriguez, Inc., and their secured creditor, Condado 4, LLC,
ask the U.S. Bankruptcy Court for the District of Puerto Rico to
authorize the sale of the following properties to Condado 4:

      A. Property of 197.7383 cuerdas located at Sabana Hoyos Ward,
Rd. PR-628, km. 3.0 in Arecibo, PR, 00612. Lot Numbered 31,882,
registered at Page 80, Book 709 of Arecibo, PR, Section 1 of
Arecibo.  The property is disclosed at Docket No. 1 of Case No.
19-01384, page 16, Section 1.3 and valued at $300,000.  The
purchase price is $450,000.

      B. 3-bedroom and 2-bathroom house located at 155 Dr. Susoni
Street, Hatillo, PR 00659. Lot Numbered 2,487, registered at Page
204, Book 96 of Hatillo, PR, Section II of Arecibo.  The property
is disclosed at Docket No. 1 of Case No. 19-01384, page 17, Section
1.4 and valued at $145,000.  The purchase price is $150,000.

Vaqueria Ortiz operates a dairy farm with 93,010 liters of Milk
Quota pursuant to license 3111 issued by the Office of the Dairy
Industry Regulation of Puerto Rico.  It owns the Milk Quota and
license 3111 and the Individual Debtors own the dairy farm (land of
90 cuerdas).  The Debtors continue with the regular operations of
the Dairy Farm.

On Schedule A/B of Bankruptcy Case No 19-01384-ESL, the Individual
Debtors listed Properties A and B, that are not used in the Dairy
Farm operations.

Property A is a vacant lot of land of 197.7383 cuerdas located in
Sabana Hoyos Ward in Arecibo PR and it is not used for the dairy
farm operation.  Property B is a residential property that is not
the principal place of residence of the Individual Debtors.
Neither property is needed for the Debtors' reorganization.  These
Properties serve as collateral for creditor Condado 4 which is the
largest secured creditor in the captioned cases -- Proof of Claim
No. 10 in the secured amount of $3,665,051.

The Properties have no equity and they do not produce any income
for the Bankruptcy Estate.  Therefore, the Individual Debtors ask
the Court to approve the transfer of the Property free and clear of
liens to Condado 4.  The transfer of the Properties to Condado
4will result in the credit of a significant amount to the biggest
claim in the case, which will further benefit all creditors in the
case as it will facilitate confirmation in the case.  

The Parties submit the following terms of the sale:

     a. Purchaser or Transferee: Condado 4, LLC or its designee

     b. Total Consideration: Property A - $450,000; and Property B
- $150,000

     c. Closing Date: Within 30 days after the Court’s approval
of the sale or on such other date and time as may be agreed by the
Individual Debtors and Condado 4.

     d. Credit Bid: Condado 4 will credit bid the amount of
$600,000 for Proof of Claim No. 10.  Thus, such Proof of Claim will
be reduced in the amount of $600,000.  The amount will be credited
to interest and then principal.   

All closing costs associated with the transaction will be paid by
Condado.

Carlos H. Ortiz Colón and Maribel Rodriguez Rios (Bankr. D.P.R.
Case No. 19-01384-ESL11) and Vaquería Ortiz Rodriguez, Inc.
(Bankr. D.P.R. Case No. 19-01386-ESL11) sought Chapter 11
protection on March 14, 2019.  The cases are administratively
consolidated under Case No. 19-01384.



CAST & CREW: Moody's Cuts CFR to Caa1, Outlook Stable
-----------------------------------------------------
Moody's Investors Service concluded its review of Cast & Crew
Payroll, LLC's ratings that was initiated on March 27, 2020 and
downgraded the company's corporate family rating to Caa1 from B3
and its probability of default rating to Caa1-PD from B3-PD.
Concurrently, Moody's downgraded the company's first lien bank
credit facility to B3 from B2. The rating action reflects the
considerable anticipated deterioration in the issuer's credit
protection measures, which are expected to remain weak in FY21
(ending June 2021), as a result of ongoing systemic production
disruptions related to the coronavirus outbreak impacting Cast &
Crew's client base in its core media and entertainment markets. The
ratings outlook was revised to stable.

Moody's downgraded the following ratings:

Corporate Family Rating -- Downgraded to Caa1 from B3

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

Senior Secured First Lien Revolving Credit Facility expiring 2024
-- Downgraded to B3 (LGD3) from B2 (LGD3)

Senior Secured First Lien Term Loan due 2026 -- Downgraded to B3
(LGD3) from B2 (LGD3)

Outlook revised from Rating Under Review to Stable

RATINGS RATIONALE

The Caa1 CFR reflects Cast & Crew's highly elevated pro forma debt
leverage which Moody's expects to further increase in FY21, its
relatively small revenue base, and the company's concentrated
exposure to the somewhat cyclical media and entertainment sector
which is experiencing considerable operational disruption related
to the coronavirus outbreak. Cast & Crew's credit quality is also
negatively impacted by the risks related to the company's ability
to effectively manage workers' compensation insurance claims as
well as corporate governance concerns related to its concentrated
private equity ownership by affiliates of EQT.

The rapid spread of the coronavirus outbreak, deteriorating global
economic outlook, low oil prices, and asset price volatility are
creating a severe and extensive credit shock across many sectors,
regions and markets. The combined credit effects of these
developments are unprecedented. The payroll processing sector has
been significantly affected by the shock given its sensitivity to
consumer demand and sentiment. More specifically, the weaknesses in
Cast & Crew's credit profile, including its exposure to rising
unemployment, particularly in the media and entertainment sector,
have left it vulnerable to shifts in market sentiment in these
unprecedented operating conditions and the company's business
remains vulnerable to the outbreak continuing to spread. Moody's
regards the coronavirus outbreak as a social risk under its ESG
framework, given the substantial implications for public health and
safety. Its action reflects the impact on Cast & Crew of the
breadth and severity of the shock, and the broad deterioration in
credit quality it has triggered.

These risks are somewhat mitigated by Cast & Crew's entrenched
position within its niche market, long term customer relationships,
and specialized industry expertise as a provider of payroll
processing, production accounting, and related services for media
and entertainment companies. The company's credit profile is also
bolstered by historically strong top-line growth trends driven by
expanding production budgets among its clients which should remain
intact over the long term.

The B3 rating for Cast & Crew's first lien credit facility reflects
the borrower's Caa1-PD PDR and a loss given default assessment of
LGD3. The first lien loan rating is one notch above the CFR and
takes into account the instrument's priority in the collateral and
senior ranking in the capital structure relative to Cast & Crew's
unrated second lien debt.

Despite Moody's concern that Cast & Crew may be unable to generate
free cash flow over the coming year, the company's adequate
liquidity position reflects a pro forma cash balance of $130.1
million as of March 31, 2020 following the full drawdown of its $90
million revolving credit facility. Moody's believes the company
will likely need to pursue a relaxation of the springing covenant
on its revolving credit facility in the coming quarters.

The stable ratings outlook reflects Moody's projection for gradual
sequential improvement in quarterly operating trends from currently
depressed levels, but at a pace that results in weak credit
protection measures throughout FY21.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if Cast & Crew's operating trends are
indicative of a sustained recovery in operating performance and
debt leverage improves to levels that are more consistent with B3
rated peers while the company adheres to conservative financial
strategies.

The ratings could be downgraded if revenue or EBITDA contracts more
significantly than expected, the company begins to generate
meaningful free cash flow deficits, or liquidity deteriorates.

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

Cast & Crew, owned by affiliates of EQT, is a leading provider of
technology-enabled payroll processing, production accounting
software, workers' compensation coverage, and related value-added
services to clients across the entertainment industry.



CAV INC: Seeks Access to Cash Collateral Through June 30
--------------------------------------------------------
CAV, Inc., seeks authority from the U.S. Bankruptcy Court for the
Southern District of California to use cash collateral in the
ordinary course of business as set forth in the budget, with the
ability to exceed any category by up to 20% on a monthly basis,
until June 30, 2020.

The Debtor believes that Western Alliance Bank d/b/a Torrey Pines
Bank holds the senior perfected security claim on the Debtor's
Personal Property amounting to $248,104.

Torrey Pines Bank has agreed to Debtor's use of its cash collateral
on certain terms and conditions, as set forth in that certain
Stipulation. In exchange for the use of cash collateral, Torrey
Pines Bank is granted a replacement lien in all of Debtor's
post-petition assets, including a lien on all of the Debtor's
vehicles, subject to any and all perfected senior liens on them,
including any senior liens of Ford Motor Credit, TCF and Wells
Fargo Bank.

Torrey Pines Bank has also agreed to use its cash collateral to pay
insider compensation of up to $5,000 monthly. As additional
adequate protection, Torrey Pines Bank will be paid adequate
protection payments equal to the amount of such insider
compensation in order to disincentivize the Debtor to pay
compensation above the absolute minimum at a time when the Debtor
is operating at a loss.

                         About CAV Inc.

CAV Inc. is a transportation services provider in Carlsbad,
California.

CAV, Inc., based in Carlsbad, CA, filed a Chapter 11 petition
(Bankr. S.D. Cal. Case No. 20-01932) on April 9, 2020.  In the
petition signed by Richard Dripps, president, the Debtor was
estimated to have $1 million to $10 million in both assets and
liabilities.  Bruno Flores, Esq., at the Law Offices of Bruno
Flores, APC, serves as bankruptcy counsel.


CENTRIC BRANDS: Latham Represents Ares Capital, HPS Investment
--------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Latham & Watkins LLP submitted a verified statement
that it is representing Ares Capital Corporation and HPS Investment
Partners, LLC and certain of their managed funds and affiliates in
the Chapter 11 cases of Centric Brands Inc., et al.

As of June 9, 2020, each lender of the First Lien Lender Group and
their disclosable economic interests are:

Ares Capital Corporation
245 Park Avenue 44th Floor
New York, NY 10167

* Term Loan Claims: $248,118,752.15
* DIP Claims: $33,745,306.13

HPS Investments Partners, LLC
40 West 57th Street 33rd Floor
New York, NY 10019

* Term Loan Claims: $256,980,136.23
* DIP Claims: $118,235,689.38

Nothing contained in this Verified Statement (or Exhibit A hereto)
should be construed as a limitation upon, or waiver of, any member
of the First Lien Group’s right to assert, file and/or amend
their claim(s) in accordance with applicable law and any orders
entered in this case establishing procedures for filing proofs of
claim.

The First Lien Lender Group reserves the right to amend or
supplement this Verified Statement in accordance with the
requirements set forth in Bankruptcy Rule 2019.

Counsel to Ares Capital Corporation and HPS Investment Partners,
LLC and/or its managed funds or affiliates can be reached at:

          Richard A. Levy, Esq.
          James Ktsanes, Esq.
          LATHAM & WATKINS LLP
          330 North Wabash Avenue
          Suite 2800 Chicago, IL 60611
          Telephone: (312) 876-7700
          Facsimile: (312) 993-9767
          Email: richard.levy@lw.com
                 james.ktsanes@lw.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/V4Nvbj

                    About Centric Brands

Centric Brands Inc. designs, produces, merchandises, manages and
markets kidswear, accessories, and men's and women's apparel under
owned, licensed and private label brands.  Currently, the company
and its affiliates license over 100 brands, including AllSaints,
BCBG, Buffalo, Calvin Klein, Disney, Frye, Herve Leger, Jessica
Simpson, Joe's, Kate Spade, Kenneth Cole, Marvel, Michael Kors,
Nautica, Nickelodeon, Spyder, Timberland, Tommy Hilfiger, Under
Armour, and Warner Brothers.  The companies sell licensed products
through both retail and wholesale channels.

Centric Brands and its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No. 20-22637)
on May 18, 2020.  As of March 31, 2020, Debtors disclosed
$1,855,722,808 in total assets and $2,014,385,923 in total
liabilities.  

Judge Sean H. Lane oversees the cases.

The Debtors tapped Ropes & Gray, LLP as bankruptcy counsel; PJT
Partners, Inc. as investment banker; Alvarez & Marsal, LLC as
financial advisor; and Prime Clerk, LLC as notice, claims and
balloting agent.


CFO MANAGEMENT: Unsecureds to Recover 10% to 50% in Plan
--------------------------------------------------------
TCFO Management Holdings, LLC's Chapter 11 trustee filed a First
Amended Plan of Liquidation and a corresponding Disclosure
Statement.

The Trustee estimates that, under the Plan, holders of General
Unsecured Claims, and Investor Principal Claims will receive an
approximate 10% to 50% recovery on account of those claims.  This
estimate is based on current information and projections and is
subject to change. Particularly, the estimated scope and percentage
recovery for Allowed unsecured claims is unclear at this stage of
the Chapter 11 case.  The Trustee and the Liquidation Trustee are
not bound by this estimate, and the percentage recovery may be
higher or lower than that cited.

The Plan provides for payment in full of any Allowed Secured Claim
of CPIF Lending in Class 2 on the latest of (a) the Effective Date,
(b) the Allowance Date, (c) the date of closing on the sale of the
collateral securing such Allowed Secured Claim, and (d) a date
mutually agreed upon by the Trustee or the Liquidation Trustee (as
applicable) and CPIF Lending.  The total Allowed amount of CPIF
Lending's Secured Claim is capped at and deemed to be no greater
than the CPIF Lending Reserve Amount of $15 million or, if the
Bankruptcy Court separately estimates or otherwise determines the
amount of CPIF Lending's Claim, the amount provided by such
separate order of the Bankruptcy Court.  If CPIF Lending's Allowed
Claim is determined to be Unsecured or only partially Secured, the
Allowed Unsecured or Deficiency Claim of CPIF Lending will receive
Class 12 treatment.  In any case (i.e. whether Secured, partially
Secured, or fully Unsecured), the CPIF Lending Claim will be capped
at and deemed to be no greater than the CPIF Lending Reserve
Amount, with any Deficiency Claim or Unsecured Claim of CPIF
Lending being subordinated to the Claims of the other creditors in
this case.  To clarify, the Plan seeks to equitably subordinate all
but $15 million of the CPIF Lending Claim but will leave the issue
of whether all or any portion of this capped Claim amount should
also be subordinated or disallowed as part of the Adversary
proceeding pending against CPIF Lending.

The Plan provides for payment in full of any Class 3 Allowed
Secured Claim of SMS Financial on the latest of (a) the Effective
Date, (b) the Allowance Date, and (c) a date mutually agreed upon
by the Trustee or the Liquidation Trustee (as applicable) and SMS
Financial.  The total Allowed amount of SMS Financial's Secured
Claim is deemed to be equal to the SMS Financial Agreed Amount of
$1 million plus interest at a rate of 6% from April 30, 2020 to the
Effective Date.  The amount at which SMS Financial's Secured Claim
is deemed Allowed under the Plan reflects a compromise and
settlement between the Trustee and SMS Financial and payment of the
$1 million (plus the indicated interest) amount triggers certain
releases, as provided in the Plan.  If SMS Financial's Allowed
Claim is instead determined to be Unsecured or only partially
Secured in an amount less than the SMS Financial Agreed Amount,
then any Secured portion of SMS Financial's Claim will receive the
same treatment as a Class 1 Claim and the Unsecured portion of SMS
Financial's Claim will receive Class 9 treatment.

The Plan provides for payment in full of any Allowed Secured Claim
of Legend Bank in Class 4 on the latest of (a) the Effective Date,
(b) the Allowance Date, (c) the date of closing on the sale of the
collateral securing such Allowed Secured Claim, , and (d) a date
mutually agreed upon by the Trustee or the Liquidation Trustee (as
applicable) and Legend Bank. The total Allowed amount of Legend
Bank's Secured Claim is capped at and deemed to be no greater than
the Legend Bank Reserve Amount of (a) $1.4 million, (b) the total
net proceeds from the sale of the Oklahoma ranch property
purportedly securing Legend Bank's claim, if such amount is less
than $1.4 million, or (c) if the Bankruptcy Court separately
estimates or otherwise determines the amount of Legend Bank's
Claim, the amount provided by such separate order of the Bankruptcy
Court.  If Legend Bank's Allowed Claim is determined to be
Unsecured or only partially Secured, the Allowed Unsecured or
Deficiency Claim of Legend Bank will receive Class 9 treatment. In
any case (i.e. whether Secured, partially Secured, or fully
Unsecured), the Legend Bank Claim will be capped at and deemed to
be no greater than the Legend Bank Reserve Amount.

The Plan provides for payment of Allowed Investor Principal Claims
in Class 10 under the same terms as payment of Class 9 claims
except with certain procedures and requirements specifically
relating to such claimants status as Investors.  Specifically, due
to the existence of the Class-Action Adversary, there is a
possibility of payment on Investors' Claims outside of the Plan.
Class 10 treatment accordingly requires that Investor Principal
Claims be reduced and related distributions be returned in the
event of such payment outside the Plan.  Investors should also see
Article 6 for special revisions regarding Investor Principal Claims
related to investments made through an IRA.

Unless the Plan is modified in accordance with Article 10 of the
Plan upon payment in full of all Class 9 and 10 Claims, holders of
Investor Other Claims in Class 11 will receive no distribution
under the Plan on account of such Investor Other Claims.

A full-text copy of the Disclosure Statement dated May 18, 2020, is
available at https://tinyurl.com/ybtsvsej from PacerMonitor.com at
no charge.

Counsel to Chapter 11 Trustee David Wallace:

     Judith W. Ross
     Frances A. Smith
     Eric Soderlund
     Jessica L. Voyce Lewis
     ROSS & SMITH, PC
     700 N. Pearl Street, Suite 1610
     Dallas, Texas 75201
     Telephone: 214-377-7879
     Facsimile: 214-377-9409
     E-mail: judith.ross@judithwross.com
             frances.smith@judithwross.com
             eric.soderlund@judithwross.com
             jessica.lewis@judithwross.com

                     About CFO Management

CFO Management Holdings, LLC, through its subsidiaries, engages in
developing and selling residential and commercial real estate in
Collin County, Texas, and owns and manages a wild game ranch in
Southern Oklahoma.  The subsidiaries are Carter Family Office, LLC,
Christian Custom Homes, LLC, Double Droptine Ranch, LLC, Frisco
Wade Crossing Partners, LLC, Kingswood Development Partners, LLC,
McKinney Executive Suites at Crescent Parc Development Partners,
LLC, North-Forty Development LLC, and West Main Station
Development, LLC.

CFO Management Holdings and its subsidiaries sought Chapter 11
protection (Bankr. E.D. Tex. Case No. Lead Case No. 19-40426) on
Feb. 17, 2019.  In the petition signed by CRO Lawrence Perkins, CFO
Management was estimated to have $50 million to $100 million in
both assets and liabilities.  Annmarie Chiarello, Esq. and Joseph
J. Wielebinski Jr., Esq., at Winstead PC, serve as the Debtor's
bankruptcy counsel.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on March 4, 2019.  The committee is represented
by Singer & Levick PC as its legal counsel.

David Wallace was appointed as Chapter 11 trustee for the Debtors'
estates on April 10, 2019.


CHINOS HOLDINGS: Unsecureds to Recover Not More Than 50% of Claims
------------------------------------------------------------------
Chinos Holdings, Inc. and its debtor affiliates filed a Chapter 11
Plan and a Disclosure Statement.

All existing commitments under the ABL Credit Agreement will be
terminated and each holder of an Allowed ABL Facility Claim will
receive cash in the full amount of its Allowed ABL Facility Claim.


All existing commitments under the Term Loan Agreement will be
terminated, and each holder of an Allowed Term Loan Secured Claim
will receive its pro rata share of the common shares of Reorganized
Chinos Holdings (the "New Common Shares") representing, in the
aggregate, 76.5% of the New Common Shares issued on the Effective
Date remaining after distribution on account of the Backstop
Premium and the New Equity Allocation, and of any other New Common
Shares distributed pursuant to the Plan (other than the New Common
Shares distributed to holders of IPCo Notes Claims as described
below), subject to dilution from New Common Shares (i) issuable
upon exercise of the New Warrants, (ii) issued pursuant to the
Management Incentive Plan, and (iii) otherwise issued by the
Reorganized Debtors after the Effective Date, including the
Incremental Debt Equity.

The IPCo Notes will be cancelled and each holder of an IPCo Notes
Claim (including, for the avoidance of doubt, the New Term Lenders
and the Backstop Parties) will receive its pro rata share of New
Common Shares representing, in the aggregate, 23.5% of the New
Common Shares issued on the Effective Date remaining after
distribution on account of the Backstop Premium, the New Equity
Allocation, and of any other New Common Shares distributed pursuant
to the Plan (other than the New Common Shares distributed to
holders of Term Loan Secured Claims), subject to dilution from New
Common Shares (i) issuable upon exercise of the New Warrants, (ii)
issued pursuant to the Management Incentive Plan, and (iii)
otherwise issued by the Reorganized Debtors after the Effective
Date, including the Incremental Debt Equity.

Each holder of a general unsecured claims that will provide goods
and services necessary to the operation of the Reorganized Debtors,
as determined by the Debtors in consultation with the Requisite
Consenting Support Parties (the "Ongoing Trade Claims") and that,
within 30 days of the Petition Date, has executed a trade agreement
that expressly designates such party as a holder of an Ongoing
Trade Claim, will on the Effective Date receive its pro rata share
of $50 million in cash; provided that the aggregate amount of cash
distributed on account of any Ongoing Trade Claim will not exceed
50% of the allowed amount of such Claim.

Holders of Other General Unsecured Claims, which include rejection
damages Claims and the Term Loan Deficiency Claims, will, on the
Effective Date, receive their pro rata share of cash allocable to
the applicable Debtor from a cash pool that will aggregate (a) $3
million if the class votes to accept the Plan and (b) $1 million if
the class votes to reject the Plan; provided, that the aggregate
amount of cash distributed on account of any Other General
Unsecured Claim will not exceed 50% of the allowed amount of such
Claim.

On the Effective Date, all Existing Holdings Preferred Equity and
Existing Holdings Equity shall be cancelled and will be of no
further force and effect, regardless of whether surrendered for
cancellation.

Holders of Class 6-B Other General Unsecured Claims (All Debtors)
will receive, on the Effective Date, its Pro Rata share of the cash
pool allocated to each Debtor as set forth in Section 4.7(b) of the
Plan; provided that the aggregate amount of cash distributed on
account of any Allowed Other General Unsecured Claim will not
exceed 50% of the Allowed amount of such Claim.

Distributions under the Plan will be funded with (a) the Debtors’
cash on hand, (b) cash proceeds from the Exit ABL Facility, (c)
conversion of principal of DIP Obligations to New Term Loans
pursuant to Section 2.3 of the Plan, (d) any cash proceeds from the
New Term Loans, and (e) issuance of New Common Shares and New
Warrants.

A full-text copy of the Disclosure Statement dated May 18, 2020, is
available at https://tinyurl.com/y74wunww from PacerMonitor.com at
no charge.

Proposed attorneys for the Debtors:

     Ray C. Schrock, P.C.
     Ryan Preston Dahl
     Candace M. Arthur
     Daniel Gwen
     WEIL, GOTSHAL & MANGES LLP
     767 Fifth Avenue
     New York, New York 10153
     Telephone: (212) 310-8000
     Facsimile: (212) 310-8007

     Tyler P. Brown
     Henry P. (Toby) Long, III
     Nathan Kramer
     HUNTON ANDREWS KURTH LLP
     Riverfront Plaza, East Tower
     951 East Byrd Street
     Richmond, Virginia 23219
     Telephone: (804) 788-8200
     Facsimile: (804) 788-8218

                    About Chinos Holdings

Chinos Holdings, Inc., designs apparels, offeringclothing for men,
women and children, as well as accessories.  Chinos Holdings serves
customers worldwide.

Chinos Holdings, Inc. and its affiliates, including J.Crew Group,
Inc., sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. E.D. Va. Lead Case No. 20-32181) on May 4, 2020.  

At the time of the filing, the Debtors disclosed assets of between
$1 billion and $10 billion and liabilities of the same range.

Judge Keith L. Phillips oversees the cases.

The Debtors tapped Weil, Gotshal & Manges, LLP as bankruptcy
counsel; Hunton Andrews Kurth, LLP as local counsel; Lazard Freres
& Co. LLC; Alixpartners, LLP as financial advisor; Hilco Real
Estate, LLC as real estate advisor; KPMG LLP as tax consultant; and
Omni Agent Solutions, LLC as claims, noticing and solicitation
agent and as administrative advisor.


CLEAR CHANNEL: S&P Alters Outlook to Negative, Affirms 'B-' ICR
---------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' issuer credit rating on Clear
Channel Outdoor Holdings Inc. (CCOH) and revised its outlook to
negative from stable.

S&P also lowered its issue-level rating on CCOH's senior unsecured
debt to 'CCC+' from 'B-' and revised the recovery rating to '5'
from '4' to reflect lower recovery prospects for unsecured lenders
following CCOH's sale of its ownership stake in Clear Media, as
well as its issuance of $53 million of senior unsecured notes to a
foreign subsidiary.

S&P said, "We expect CCOH's free operating cash flow will remain
negative in 2020 and possibly 2021 if economic recovery is slow or
if a second wave of the coronavirus causes stay-at-home directives
to recur. We expect the coronavirus pandemic and resulting
recession will cause substantial advertising revenue declines for
out-of-home advertisers over the next year. We expect the company's
2020 EBITDA will decrease significantly from 2019 levels and free
operating cash flow (FOCF) will be in the negative $250 million to
negative $300 million range. However, despite this sizeable cash
shortfall in 2020, we believe CCOH has adequate liquidity to
withstand this decline, and we expect cash flow to become positive
in 2021 with a gradual advertising recovery starting in the second
half of 2020."

"The negative outlook reflects the risk that the economic recovery
stalls or is much slower than we expect, or a second wave of the
coronavirus in CCOH's markets causes stay-at-home directives to be
reinstated. In particular, a prolonged recession with a
slower-than-expected recovery in the U.S. advertising market would
make it difficult for CCOH's cash flow to turn positive since the
U.S. generates about 75% of the company's EBITDA. In this scenario,
we would likely consider CCOH's capital structure as unsustainable
due to its high debt burden and inability to generate positive
FOCF."

"Advertisers have pulled back on their marketing plans. We now
forecast that real U.S. GDP will contract by 5.2% in 2020
(substantially worse than our March forecast for a 1.3% decline)
and expect the company's advertising revenue to decline due to
reduced consumer confidence and spending. Furthermore, government
efforts to contain the virus have encouraged consumers to remain in
their homes, which has hurt out-of-home advertisers. CCOH generates
a sizable portion of its U.S. revenue from billboards in large
markets, where there have been stricter containment measures due to
the higher likelihood of rapid transmission. We also expect CCOH's
European segment will face steep advertising declines due to strict
stay-at-home orders and city-based nature of its European
operations. The company also has a sizeable presence in smaller
U.S. markets, where traffic volume has improved since late March
and advertising declines have not been as significant. Given the
longer lead times for out-of-home advertising, we expect the
company's revenue to decline the steepest during the second quarter
before its results begin to gradually improve in the second half of
the year. Specifically, we expect spending on out-of-home
advertising to decline over 20% in the U.S. in 2020."

"CCOH's reported margins will decline; however, we believe it can
cut some costs to partially cushion the blow. We expect CCOH to be
able to cut back on certain costs, such as pay increases and
variable lease expenses, which will decline if its displays aren't
generating revenue. However, operating lease and minimum transit
and municipal guarantee payments accounted for about two-thirds of
the company's operating expenses in 2019. The company expects to
reduce its second-quarter operating expenses by about $100 million
from second-quarter 2019, although we believe this will be
insufficient to offset the material decline in its revenue. We
believe most of its cost savings will come from Europe, where the
company has been able to convert many of its minimum guarantee
contracts with municipalities to revenue-sharing agreements or
defer its minimum guarantee payments over the short term. CCOH may
also be able to renegotiate the payment terms with its U.S.
billboard landowners and transit partners to reduce or defer its
required payments in 2020."

"We believe CCOH will have sufficient liquidity to weather the
recession. Pro forma for the sale of Clear Media in May, CCOH had
about $592 million of cash at the end of its first quarter,
including $150 million drawn on its revolver at the end of March.
CCOH has also announced a number of measures to preserve its
liquidity, including reducing operating expenses, renegotiating or
deferring lease and minimum payment guarantees to landowners and
municipalities, and reducing growth capital expenditures. Despite
these cost reductions, we expect the company will burn about $250
million of FOCF over the next 12 months, including about $310
million-$320 million of interest payments and about $100
million-$120 million of capital expenditures." The company's
largest interest payments occur in the first and third quarters of
each year, when about $140 million-$145 million is due."

"CCOH also has a 7.6x net first-lien leverage covenant on its
revolving credit facility that is in effect if it has outstanding
revolver borrowings. S&P said, "We expect the company will likely
violate this covenant in the second half of 2020 if it continues to
have an outstanding revolver balance and does not receive a
covenant amendment from its lenders. We believe CCOH can maintain
adequate liquidity even if it has to repay the $150 million drawn
on its revolver; however, we believe the company will be able to
receive an amendment or waiver if necessary."

The negative outlook reflects the uncertainty surrounding the
duration and severity of the pandemic and the related economic
downturn and the risk that CCOH's capital structure could become
unsustainable if FOCF remains negative through 2021.

S&P said, "We could lower the rating if an economic recovery stalls
or is much slower than expected, or if a second wave of the
coronavirus causes stay-at-home directives to be reinstated and we
forecast CCOH to generate negative FOCF in 2021. In this scenario,
we would likely consider CCOH's capital structure as unsustainable
due to its high debt burden and inability to generate positive
FOCF. We could also lower the rating if the company's liquidity
position deteriorates and we believe it may have difficulty
covering its fixed charges."

"We could revise the outlook to stable if we see evidence that the
economy is recovering and believe that the risk that CCOH's markets
may suffer a setback from a second wave of the coronavirus is low.
In this scenario, we would expect CCOH to generate at least $25
million of FOCF in 2021 and maintain sufficient liquidity to
address any potential setbacks."


COCRYSTAL PHARMA: Terminates Distribution Agreement with AGP
------------------------------------------------------------
Cocrystal Pharma, Inc., provided written notice to A.G.P./Alliance
Global Partners of its election to terminate the Amended and
Restated Equity Distribution Agreement, dated Oct. 30, 2019, by and
between the Company and AGP, as amended on Jan. 29, 2020.  The
termination of the Agreement was effective June 3, 2020.

                     About Cocrystal Pharma

Headquartered in Creek Parkway Bothell, WA, Cocrystal Pharma, Inc.
-- http://www.cocrystalpharma.com/-- is a clinical stage
biotechnology company discovering and developing novel antiviral
therapeutics that target the replication machinery of influenza
viruses, hepatitis C viruses, noroviruses, and coronaviruses.

Cocrystal Pharma recorded a net loss of $48.17 million for the year
ended Dec. 31, 2019, compared to a net loss of $49.05 million for
the year ended Dec. 31, 2018.  As of March 31, 2020, the Company
had $42.84 million in total assets, $2.41 million in total
liabilities, and $40.43 million in total stockholders' equity.


COMARK HOLDINGS: Gets CCAA Stay; A&M Named Monitor
--------------------------------------------------
Comark Holdings Inc., Bootlegger Clothing Inc., cleo fashions Inc.
and Ricki's Fashions Inc. were granted an initial order to commence
proceedings under the Companies' Creditors Arrangement Act.
Pursuant to the Initial Order, Alvarez & Marsal Canada Inc. was
appointed as monitor in the CCAA Proceedings.

The Initial Order granted a stay of proceedings until June 13,
2020, and provided that during the Stay Period, no proceedings may
be commenced against or in respect of the Companies.

Copies of the Initial Order and other related documents in
connection with these CCAA Proceedings have been posted on the
Monitor's website at:
https://www.alvarezandmarsal.com/comarkholdings

Comark Holdings Inc. -- http://www.comark.ca/-- is one of Canada's
leading specialty apparel retailers.


CROSSCODE INC: Hires Ogloza Fortney as Special Counsel
------------------------------------------------------
Crosscode, Inc. seeks authority from the United States Bankruptcy
Court for the Northern District of California to hire Ogloza
Fortney + Friedman LLP as special counsel.

Ogloza Fortney to provide general counsel advising services, and in
particular, provide advice regarding theDebtor's separation from
its founder and former Chairman, President, and CEO, Aditya Sharma,
and to provide advice on matters pertaining to the Debtor's Series
A investment that occurred in May 2019.

Ogloza Fortney also represented and continues to represent the
Debtor in litigation it filed against Mr. Sharma in the U.S.
District Court for the Northern District of California, captioned
Crosscode v. Sharma, Case No. 3:20-cv-00104-VC. Ogloza Fortney is
also representing the Debtor in connection with litigation filed by
Mr. Sharma's wife, Dr. Anshu Sharma, now pending in the U.S.
District Court for the District of Minnesota, captioned Sharma v.
Crosscode, Inc., Case No. 0:20-cv-01042-DSDBRT.

Ogloza Fortney's 2020 hourly rates are:

     Partners               $595
     Associates / Counsel   $425-495
     Paraprofessionals      $195

David Friedman, partner at Ogloza Fortney, assures the court that
his firm are disinterested within the meaning of 11 U.S.C.
101(14).

The firm can be reached through:

     David Friedman, Esq.
     Ogloza Fortney + Friedman LLP
     255 California St Suite 1350
     San Francisco, CA 94111
     Phone: +1 415-912-1850

                 About Crosscode, Inc.

Crosscode, Inc. -- https://www.crosscode.com -- designs and
develops application software.

Crosscode, Inc. filed its voluntary petition under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Cal. Case No. 20-30383) on May 5,
2020. In the petition signed by Greg Wunderle, chief executive
officer, the Debtor estimated $100,000 to $500,000 in assets and $1
million to $10 million in liabilities. Bao M. Vu, Esq. at Stoel
Rives LLP represents the Debtor as counsel.


CROSSCODE INC: Seeks to Hire Stoel Rives as Legal Counsel
---------------------------------------------------------
Crosscode, Inc. seeks authority from the United States Bankruptcy
Court for the Northern District of California to hire Stoel Rives
LLP as its legal counsel.

Crosscode requires Stoel Rives to:

     a. assist, advise, and represent the Debtor in its
consultations with estate constituents regarding the administration
of this case;

     b. assist, advise, and represent the Debtor in any manner
relevant to the Debtor’s leases, other contractual obligations,
and asset dispositions;

     c. assist, advise, and represent the Debtor in any issues
associated with the acts, conduct, assets, liabilities, and
financial condition of the Debtor;

     d. assist, advise, and represent the Debtor in the
negotiation, formulation, and drafting of any plan of
reorganization and disclosure statement;

     e. assist, advise, and represent the Debtor in the performance
of its duties and the exercise of its powers under the Bankruptcy
Code, the Bankruptcy Rules, and applicable local rules and
guidelines; and

     f. provide such other necessary advice and services as the
Debtor may require in connection with its Chapter 11 Case.

Stoel Rives' 2020 hourly rates are:

     Partners            $485 to $640
     Associates          $290 to $405
     Paraprofessionals   $215 to $310

Stoel Rives is a "disinterested person" as that term is defined in
Section 101(14) of the Bankruptcy Code as
modified by Section 1107(b) of the Bankruptcy Code, according to
court filings.

The firm can be reached through:

     Bao M. Vu, Esq.
     Thomas A. Woods, Esq.
     Andrew H. Morton, Esq.
     STOEL RIVES LLP
     500 Capitol Mall, Suite 1600
     Sacramento, CA 95814
     Tel: (415) 500-6572
     E-mail: bao.vu@stoel.com
                          thomas.woods@stoel.com
                          andrew.morton@stoel.com

                 About Crosscode, Inc.

Crosscode, Inc. -- https://www.crosscode.com -- designs and
develops application software.

Crosscode, Inc. filed its voluntary petition under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Cal. Case No. 20-30383) on May 5,
2020. In the petition signed by Greg Wunderle, chief executive
officer, the Debtor estimated $100,000 to $500,000 in assets and $1
million to $10 million in liabilities. Bao M. Vu, Esq. at Stoel
Rives LLP represents the Debtor as counsel.


CROWN SUBSEA: S&P Raises Debt Rating to 'B+' on Term Prepayments
----------------------------------------------------------------
S&P Global Ratings raised its issue-level rating on Crown Subsea
Communications Holding Inc.'s credit facility to 'B+' from 'B'
following substantial term prepayments.  It revised the recovery
ratings to '2' from '3'. The '2' recovery ratings indicate S&P's
expectation of substantial (70%-90%; rounded estimate: 85%)
recovery of principal in the event of a payment default.

S&P said, "Our 'B' issuer credit rating on Crown Subsea reflects
its solid market position as a vertically integrated provider of
deep sea fiber optic cable networks, particularly on the
transatlantic cable and the cyclical nature of its end market. In
addition, we believe the company has limited scale and diversity
compared with its larger peers in the broader engineering and
construction (E&C) industry due to the relatively small size of its
niche market, which exposes the company to revenue and earnings
volatility arising from swings in its end-market demand. Although
Crown Subsea is exposed to unexpected additional project costs
through its fixed-price contracts, we forecast that the company's
credit metrics will further improve this year, with its S&P
adjusted debt to EBITDA below 2x, reflecting our projection of
healthy margins this year in addition to the benefit of debt
prepayments."

Issue Ratings--Recovery Analysis

S&P said, "We believe that if Crown Subsea were to default, it
would continue to have a viable business model on account of its
strong market share in the niche industry it operates in, as well
as the highly specialized engineering and manufacturing
capabilities required to complete projects. Our default scenario
contemplates a decline in overall projects in the industry. Because
our default scenario does not contemplate a cost overrun on a
project, we do not assume any surety bonds or former parent
guarantees would be drawn. Therefore, we do not assume any
(unsecured) non-debt claims from the guarantee or surety facilities
in our default scenario."

Key analytical factors

-- S&P's simulated default scenario contemplates a default
occurring in 2023 stemming from a protracted downturn in the
capital spending budgets of Crown Subsea's customers that leads to
declining demand for subsea fiber optic cable.

-- Given the company's market position in the subsea cable market,
S&P believes it would be sold or restructured as a going concern
following a hypothetical default.

-- S&P valued the company based on an EBITDA multiple of 5x, which
is in line with the multiples the rating agency uses for the
company's E&C peers.

-- S&P does not include the restricted cash in its waterfall.

-- Other key default assumptions include LIBOR of 250 basis
points, no additional principal payments through the default year,
and the revolver is 100% drawn at default given the company's
recent revolver borrowings.

Simulated default assumptions

-- Simulated year of default: 2023
-- EBITDA at emergence: $58 million
-- EBITDA multiple: 5x

Simplified waterfall

-- Net enterprise value after 5% administrative expenses: $278
million
-- Valuation split (obligor/nonobligor): 97%/3%
-- Value available to secured debt claims: $269 million
-- Secured first-lien debt claims: $319 million
-- Recovery expectations: 70%-90% (rounded estimate: 85%)

Notes: Debt amounts include six months of accrued interest that S&P
assumes will be owed at default. Collateral value includes asset
pledges from obligors (after priority claims) plus equity pledges
from nonobligors.

  Ratings List
  Issue-Level Ratings Upgraded; Recovery Rating Revised  
                                       To      From
  Crown Subsea Communications Holding Inc.

  Senior Secured  
  US$100 mil fltg rate
   revolver bank ln due 11/02/2023     B+        B
   Recovery Rating                   2(85%)    3(65%)
  US$405 mil fltg rate 1st lien
   term bank ln due 11/02/2025         B+        B
   Recovery Rating                   2(85%)    3(65%)


D J HARCEG TRUCKING: July 6 to File Plan and Disclosures
--------------------------------------------------------
Judge David M. Warren has ordered that D J Harceg Trucking LLC is
allowed an extension up to and including July 6, 2020, to file its
Plan of Reorganization and Disclosure Statement.

                   About D J Harceg Trucking

Based in Southport, N.C., D J Harceg Trucking, LLC, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.C.
Case No. 20-00254) on Jan. 21, 2020.  At the time of the filing,
the Debtor had estimated assets of $1,234,583 and liabilities of
$1,935,513. The petition was signed by David Harceg, managing
member.  Judge David M. Warren oversees the case.  George M.
Oliver, Esq., at The Law Offices Of Oliver & Cheek, PLLC, serves as
the Debtor's counsel.


DIAMOND OFFSHORE: Akin Gump Represents Six Unsecured Claimants
--------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Akin Gump Strauss Hauer & Feld LLP submitted
verified that it is representing the Official Committee of
Unsecured Creditors in the Chapter 11 cases of Diamond Offshore
Drilling, Inc., et al.

On May 11, 2020, pursuant to section 1102 of title 11 of the United
States Code, the United States Trustee for the Southern District of
Texas appointed the following entities as members of the Committee:
(a) The Bank of New York Mellon Trust Company, N.A.; (b) National
Oilwell Varco, LP; (c) Deep Sea Mooring; (d) Crane Worldwide
Logistics LLC; (e) Kiswire Trading, Inc.; (f) Parker Hannifin
Corporation; and (g) SafeKic Americas LLC [Docket No. 147]. On May
13, 2020, the Committee selected Akin Gump Strauss Hauer & Feld LLP
to serve as its counsel in connection with the Debtors' chapter 11
cases.

The Committee members hold unsecured claims against, and/or serve
as indenture trustee for holders of unsecured claims against, the
Debtors' estates arising from a variety of relationships.

As of May 11, 2020, the Committee members and their disclosable
economic interests are:

Bank of New York Mellon Trust Company, N.A.
601 Travis, 16th Floor
Houston, TX 77002

* The Bank of New York Mellon Trust Company, N.A., holds general
  unsecured claims of more than $2,014,000,000, which includes (i)
  $500 million in principal amount of 5.70% Senior Notes due
  October 15, 2039; (ii) $250 million in aggregate principal
  amount of 3.45% Senior Notes due November 1, 2023;
  (iii) $750 million in aggregate principal amount of 4.875%
  Senior Notes due November 1, 2043; (iv) $500 million in
  aggregate principal amount of 7.875% Senior Notes due August 15,
  2025; and (v) approximately $14 million in defaulted interest
  with respect to the 2039 Notes, which interest was due and
  payable on Wednesday, April 15, 2020. Additional interest on all
  of the Senior Notes was outstanding as of the petition date.

National Oilwell Varco, LP
7909 Parkwood Circle Drive
Houston, TX 77036

* National Oilwell Varco holds general unsecured claims in the
  amount no less than $18,452,081.16 arising from its position as
  a trade creditor and contract counterparty.

Deep Sea Mooring
Kanalsletta 8 Stavanger, 4033
Norway

* Deep Sea Mooring holds general unsecured claims in the amount no
  less than $3,100,000 arising from its position as a trade
  creditor and contract counterparty.

Kiswire Trading, Inc.
P.O. Box 130711
The Woodlands
TX 77393

* Kiswire Trading, Inc. holds general unsecured claims in the
  amount no less than $531,920.00 arising from its position as a
  trade creditor and contract counterparty.

Parker Hannifin Corporation
6035 Parkland Blvd.
Cleveland, OH 44124

* Parker Hannifin Corporation holds general unsecured claims in
  the amount no less than $492,690 arising from its position as a
  trade creditor and contract counterparty.

SafeKick Americas LLC
1350 Ravello Drive Katy
TX 77449

* SafeKick Americas LLC holds general unsecured claims in the
  amount no less than $294,124 arising from its position as a
  trade creditor and contract counterparty.

Proposed Counsel to the Official Committee of Unsecured Creditors
of Diamond Offshore Drilling, Inc., et al. can be reached at:

          AKIN GUMP STRAUSS HAUER & FELD LLP
          Marty L. Brimmage, Jr., Esq.
          1700 Pacific Avenue, Suite 4100
          Dallas, TX 75201
          Telephone: (214) 969-2800
          Facsimile: (214) 969-4343
          Email: mbrimmage@akingump.com

              - and –

          Ira S. Dizengoff, Esq.
          Philip C. Dublin, Esq.
          Naomi Moss, Esq.
          One Bryant Park
          New York, NY 10036
          Telephone: (212) 872-1000
          Facsimile: (212) 872-1002
          Email: idizengoff@akingump.com
                 pdublin@akingump.com
                 nmoss@akingump.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/qE6GvP

              About Diamond Offshore Drilling

Diamond Offshore Drilling, Inc. -- http://www.diamondoffshore.com/
-- provides contract drilling services to the energy industry
around the globe with a fleet of 15 offshore drilling rigs,
consisting of four drillships and 11 semi-submersible rigs,
including two rigs that are currently cold stacked.  The Company's
current fleet excludes the Ocean Confidence, which it expects to
complete the sale of in the first quarter of 2020. It employs 2,500
people and has revenue of $981 million in 2019.

As of Dec. 31, 2019, the Company had $5.83 billion in total
assets,
against $2.60 billion in total liabilities.

On April 26, 2020, Diamond Offshore and its affiliates sought
Chapter 11 protection (Bankr. S.D. Tex. Lead Case No. 20-32307).

The Hon. David R. Jones is the case judge.

The Company's bankruptcy advisers include investment banker Lazard
Freres & Co. LLC.; financial advisor Alvarez & Marshall North
America LLC; and attorneys Porter Hedges LLP and Paul, Weiss,
Rifkind, Wharton & Garrison LLP.  Prime Clerk LLC is the claims
agent.


DIAMOND OFFSHORE: Norton, Milbank Represent Noteholder Group
------------------------------------------------------------
In the Chapter 11 cases of Diamond Offshore Drilling, Inc., et al.,
the law firms of Norton Rose Fulbright US LLP and Milbank LLP
submitted a verified statement under Rule 2019 of the Federal Rules
of Bankruptcy Procedure, to disclose that they are representing the
Ad Hoc Group of Noteholders.

The Ad Hoc Group who hold, control, or otherwise have discretionary
authority over, indebtedness arising under:

   (i) the $250 million principal amount of 3.45% Senior Notes due
2023 issued pursuant to that certain Indenture, dated as of
February 4, 1997, by and among Diamond Offshore Drilling, Inc., as
issuer, and the Chase Manhattan Bank, as trustee, and that certain
Eighth Supplemental Indenture, dated as of November 5, 2013, by and
among the Company, as issuer, and The Bank of New York Mellon, as
trustee;

   (ii) the $500 million principal amount of 7.875% Senior Notes
due 2025 issued pursuant to the Base Indenture and that certain
Ninth Supplemental Indenture, dated as of August 15, 2017, by and
among the Company, as issuer, and The Bank of New York Mellon, as
trustee;

   (iii) the $500 million principal amount of 5.7% Senior Notes due
2039 issued pursuant to the Base Indenture and that certain Seventh
Supplemental Indenture, dated October 8, 2009, by and among the
Company, as issuer, and The Bank of New York Mellon, as trustee;
and

   (iv) the $750 million principal amount of 4.875% Senior Notes
due 2043 issued pursuant to the Base Indenture and the Eighth
Supplemental Indenture.

In March of 2020, the Ad Hoc Group retained Milbank to represent it
with respect to the Senior Notes in connection with any
restructuring of the Debtors' obligations thereunder. In April of
2020, the Ad Hoc Group retained Norton Rose to serve as its Texas
counsel with respect to such matters. Since its formation,
additional holders of the Senior Notes have joined the Ad Hoc
Group.

As of June 4, 2020, members of the Ad Hoc Group and their
disclosable economic interests are:

Aflac Asset Management LLC
100 Wall Street, 29th Floor
New York, NY 10005

* 2039 Notes: $55,405,000

AIG Asset Management (U.S.), LLC
80 Pine Street, 3rd Floor
New York, NY10005

* 2023 Notes: $14,750,000

AllianceBernstein L.P.
1345 Avenue of the Americas
New York, NY 10105

* 2025 Notes: $40,065,000
* 2039 Notes: $14,821,000
* 2043 Notes: $34,897,000

Apollo Capital Management, L.P.
9 West 57th Street, 43rd Floor
New York, NY 10019

* 2025 Notes: $5,000,000
* 2043 Notes: $10,000,000

Avenue Capital Management II, L.P.
11 West 42nd Street, 9th Floor
New York, NY 10036

* 2023 Notes: $41,990,000
* 2025 Notes: $119,267,000
* 2039 Notes: $32,822,000
* 2043 Notes: $75,080,000

BNP Paribas SA
787 Seventh Avenue
New York, NY 10019

* 2023 Notes: $1,140,000
* 2025 Notes: $8,500,000
* 2039 Notes: $4,376,000
* 2043 Notes: $2,512,000

Capital Research and Management Company
333 South Hope Street, 55th Floor
Los Angeles, CA 90071

* 2023 Notes: $500,000
* 2025 Notes: $24,895,000
* 2039 Notes: $2,984,000
* 2043 Notes: $129,516,000

John Hancock Life Insurance Company (U.S.A.)
197 Clarendon Street, C-2-10
Boston, Massachusetts 02116

* 2023 Notes: $11,000,000
* 2039 Notes: $37,000,000

KL Special Opportunities Master Fund Ltd
c/o Kite Lake Capital Management (UK) LLP
6th Floor
One Knightsbridge Green
London
SW1X 7QA UK

* 2023 Notes: $4,894,000
* 2025 Notes: $13,919,000
* 2039 Notes: $13,610,000
* 2043 Notes: $16,736,000

Kore Advisors LP
1501 Corporate Drive, Suite 120
Boynton Beach FL 33426

* 2023 Notes: $709,000
* 2025 Notes: $3,373,000
* 2039 Notes: $11,187,000
* 2043 Notes: $1,895,000

Lion Point Capital, L.P.
250 West 55th Street, 33rd Floor
New York, NY 10019

* 2039 Notes: $10,000,000
* 2043 Notes: $21,900,000

Manulife (International) Limited
16/F, Lee Garden One
33 Hysan Avenue
Causeway Bay, Hong Kong

* 2023 Notes: $5,500,000

MFP Partners, L.P.
909 Third Ave, 33rd Floor
New York, NY 10022

* 2023 Notes: $3,440,000
* 2025 Notes: $2,000,000
* 2039 Notes: $5,000,000
* 2043 Notes: $15,892,000

Nationwide Insurance
One Nationwide Plaza
Columbus, Ohio 43215

* 2039 Notes: $3,546,000
* 2043 Notes: $39,000,000

Nomura Corporate Research and Asset Management Inc.
Worldwide Plaza, 309 West 49th Street
New York, NY 10019

* 2023 Notes: $6,800,000
* 2025 Notes: $21,195,000
* 2039 Notes: $7,725,000
* 2043 Notes: $630,000

Paloma Partners Management Company
2 American Lane
Greenwich, CT 06831

* 2023 Notes: $7,000,000
* 2025 Notes: $5,000,000
* 2039 Notes: $5,250,000
* 2043 Notes: $21,750,000

Pacific Investment Management Company LLC
650 Newport Center Drive
Newport Beach, CA 92660

* 2023 Notes: $3,981,000
* 2025 Notes: $80,328,000
* 2039 Notes: $53,497,000
* 2043 Notes: $125,009,000

PGIM Fixed Income
655 Broad Street, 8th Floor
Newark, NJ 07102

* 2025 Notes: $45,727,000

Samuel Terry Asset Management Pty Ltd
120B Underwood St
Paddington 2021
Australia

* 2023 Notes: $4,174,000
* 2025 Notes: $19,344,000
* 2039 Notes: $38,622,000
* 2043 Notes: $64,810,000

State Farm Life Insurance Company
One State Farm Plaza, A-3
Bloomington, IL 61710

* 2023 Notes: $45,460,000

State Farm Life and Accident Assurance Company
One State Farm Plaza, A-3
Bloomington, IL 61710

* 2023 Notes: $2,000,000

State Farm Insurance Companies Employee Retirement Trust
One State Farm Plaza, A-3
Bloomington, IL 61710

* 2023 Notes: $5,000,000

Wexford Capital LP
411 West Putnam Ave
Greenwich CT 06830

* 2025 Notes: $1,500,000
* 2039 Notes: $5,000,000

Counsel represents only the Ad Hoc Group and does not represent, or
purport to represent, any other entity in connection with the
Debtors' chapter 11 cases.

Nothing contained in this Verified Statement should be construed as
a limitation upon, or waiver of, any rights of any member of the Ad
Hoc Group to assert, file, and/or amend any claim or proof of claim
filed in accordance with applicable law and any orders entered in
these cases.

Counsel reserves the right to amend this Verified Statement as
necessary in accordance with the requirements set forth in
Bankruptcy Rule 2019.

Counsel to the Ad Hoc Group of Noteholders of Diamond Offshore
Drilling, Inc. can be reached at:

          NORTON ROSE FULBRIGHT US LLP
          Jason L. Boland, Esq.
          William Greendyke, Esq.
          Robert B. Bruner, Esq.
          Julie Goodrich Harrison, Esq.
          1301 McKinney Street, Suite 5100
          Houston, TX 77010-3095
          Telephone: (713) 651-5151
          Facsimile: (713) 651-5246
          Email: jason.boland@nortonrosefulbright.com
                 william.greendyke@nortonrosefulbright.com
                 bob.bruner@nortonrosefulbright.com
                 julie.harrison@nortonrosefulbright.com

             - and -

          MILBANK LLP
          Dennis F. Dunne, Esq.
          Tyson Lomazow, Esq.
          55 Hudson Yards
          New York, NY 10001
          Telephone: (212) 530-5000
          Facsimile: (212) 530-5219
          Email: ddunne@milbank.com
                 tlomazow@milbank.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/wse4Yt and https://is.gd/XLRKFg

              About Diamond Offshore Drilling

Diamond Offshore Drilling, Inc. -- http://www.diamondoffshore.com/
-- provides contract drilling services to the energy industry
around the globe with a fleet of 15 offshore drilling rigs,
consisting of four drillships and 11 semi-submersible rigs,
including two rigs that are currently cold stacked.  The Company's
current fleet excludes the Ocean Confidence, which it expects to
complete the sale of in the first quarter of 2020. It employs 2,500
people and has revenue of $981 million in 2019.

As of Dec. 31, 2019, the Company had $5.83 billion in total
assets,
against $2.60 billion in total liabilities.

On April 26, 2020, Diamond Offshore and its affiliates sought
Chapter 11 protection (Bankr. S.D. Tex. Lead Case No. 20-32307).

The Hon. David R. Jones is the case judge.

The Company's bankruptcy advisers include investment banker Lazard
Freres & Co. LLC.; financial advisor Alvarez & Marshall North
America LLC; and attorneys Porter Hedges LLP and Paul, Weiss,
Rifkind, Wharton & Garrison LLP.  Prime Clerk LLC is the claims
agent.


DIAMONDBACK INDUSTRIES: Hires Kelly Hart as Litigation Counsel
--------------------------------------------------------------
Diamondback Industries, Inc. seeks approval from the U.S.
Bankruptcy Court for the Northern District of Texas to employ Kelly
Hart & Hallman LLP as special litigation counsel.

The company needs the services of a litigation counsel to appeal a
judgment of approximately $40 million issued by the U.S. District
Court for the Western District of Texas against the company.  The
court judgment was entered in connection with a lawsuit filed by
the company against Repeat Precision, LLC.

The firm's attorneys and legal assistant will be paid at hourly
rates as follows:

     David Keltner, Partner               $675
     Marianne M. Auld, Partner            $575
     Caitlyn E. Hubbard, Associate        $325
     Stacy Blanchette, Legal Assistant    $225

Kelly Hart holds a pre-bankruptcy retainer in the amount of
$142,811.97.

David Keltner, Esq., a partner at Kelly Hart, disclosed in court
filings that the firm is a "disinterested person" within the
meaning of Section 101(14) of the Bankruptcy Code.

The firm can be reached through:
   
     David Keltner, Esq.
     Kelly Hart & Hallman LLP
     201 Main Street, Suite 2500
     Fort Worth, TX 76102
     Telephone: (817) 878-3560
     Email: David.Keltner@kellyhart.com

                      About Diamondback Industries

Diamondback Industries is an ISO 9001 registered company that
manufactures tools and ballistics equipment including eliminators,
igniters, and power charges.  For more information, visit
https://diamondbackindustries.com/

On April 21, 2020, Diamondback Industries and its affiliates sought
Chapter 11 protection (Bankr. N.D. Tex. Lead Case No. 20-41504).
Judge Edward L. Morris presides over the cases.  Diamondback was
estimated to have $10 million in assets and $10 million to $50
million in liabilities.

Debtors tapped Haynes and Boone, LLP as counsel and CR3 Partners,
LLC as financial advisor. Stretto is the claims agent, maintaining
the page https://cases.stretto.com/diamondback/


DIOCESE OF ST. CLOUD: Filing for Chapter 11 to Resolve Abuse Claims
-------------------------------------------------------------------
WJON reports that the Diocese of St. Cloud in Minnesota has
announced that they have reached an agreement on a framework for a
resolution with the survivors of clergy sexual abuse and it
includes that filing of Chapter 11 bankruptcy in the near future.

The framework for resolution will include reorganization plan to
provide trust worth $22.5 million to compensate the survivors. The
funds will come from insurance coverage settlements and cash and
property contributions.

All priests and deacons, staff, parish and Catholic school
employees, as well as volunteers who have regular unsupervised
interaction with minors, are required to meet safety requirements.
These requirements include undergoing a criminal background check,
and participation in sexual abuse awareness and prevention
training.

The diocese continues to encourage anyone who has suffered sexual
abuse to report such abuse to local law enforcement, regardless of
when it occurred. Survivors of clergy sexual abuse are also
encouraged to contact the diocese’s victim assistance
coordinator, Roxann Storms, at (320) 248-1563.

                   About Diocese of St. Cloud

The Roman Catholic Diocese of Saint Cloud is a Roman Catholic
diocese in Minnesota, United States.  This diocese covers Benton,
Douglas, Grant, Isanti, Kanabec, Mille Lacs, Morrison, Otter Tail,
Pope, Sherburne, Stearns, Stevens, Todd, Traverse, Wadena, and
Wilkin counties.




DOUBLE G BRANDS: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: Double G Brands, Inc.
        2243 Rose Lane
        Pacific, MO 63069-1167

Business Description: Double G Brands, Inc. is a manufacturer and
                      wholesaler of pork products including hams
                      and sausages.

Chapter 11 Petition Date: June 10, 2020

Court: United States Bankruptcy Court
       Eastern District of Missouri

Case No.: 20-42984

Debtor's Counsel: Spencer P. Desai, Esq.
                  CARMODY MACDONALD P.C.
                  120 S. Central Ave., Suite 1800
                  Saint Louis, MO 63105
                  Tel: 314-854-8600
                  E-mail: spd@carmodymacdonald.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Glenda S. Hoerstkamp, authorized
representative.

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/SAimPS


DUFF & PHELPS: S&P Affirms 'B-' ICR on Term Loan Add-On
-------------------------------------------------------
S&P Global Ratings affirmed all its ratings on U.S.-based business
consulting firm Duff & Phelps Holdings Corp. including its 'B-'
issuer credit rating. The outlook is stable.

The rating affirmation follows Duff & Phelps's decision to add an
incremental $300 million to its $1.55 billion dual-currency senior
secured term loan. Net proceeds will be used to fund the company's
acquisition of an unclaimed-property auditing firm servicing state
governments, repay the revolving credit facility, and add cash to
the balance sheet.

S&P believes the proposed acquisition is positive for product
diversity, but the transaction will increase leverage.

The acquisition, which has not been publicly announced, provides
services to almost every U.S. state by auditing unclaimed property
held by banks, health care companies, and asset managers. It
operates a technology-enabled platform that supports its audit
process and allows accurate identification of unclaimed property
that belongs to U.S. states. The target acquisition generates
revenue by commission for all the claims it identifies and
generates high EBITDA margins. In S&P's view, this business expands
Duff & Phelps' revenue base and earnings potential, but there is
little opportunity for cost or revenue synergies. Further, while
this transaction is positive for pro forma EBITDA generation, the
$300 million term loan add-on will not only pay for the acquisition
but also pay down the partial draw on the company's revolver and
add cash to the balance sheet. As a result, S&P views this as a
leveraging transaction and expect it to slow Duff & Phelps' ability
to materially reduce leverage without voluntary debt repayments.
Pro forma for the transaction and recent acquisitions, S&P expects
leverage to decline to the low-7x area in 2021, from the high-7x
area in 2020, and anticipate its free operating cash flow
(FOCF)-to-debt ratio will remain in the 3%-5% range over the next
two years.

S&P expects positive organic revenue growth in 2020 due to the
company's product diversity and counter-cyclical businesses.

"While we lowered our expectations for revenue growth in 2020, we
believe the business will still generate positive organic revenue
growth in the low-single-digit percentage area. The impact from
COVID-19 and economic recession is substantial across the business
services sector, and we believe pro-cyclical services in the
company's portfolio such as certain business lines in valuation
services or corporate finance will be significantly hurt by reduced
client volumes during this period of economic stress. However, we
believe Duff & Phelps will benefit from its non-cyclical and
counter-cyclical products and services, which will offset these
revenue pressures. Specifically, we expect its PrimeClerk business
to benefit from increased bankruptcy administration volumes and its
other restructuring-oriented consulting services to expand
substantially," S&P said.

Aside from the COVID-19 hurdles, the U.S. domestic consulting
market remains intense with multiple providers competing for a
similar customer base.

"However, we believe Duff & Phelps benefits from a well-recognized
brand name, leading market share in valuation advisory, and a
diverse array of consulting services. Specifically, we expect the
company's expanding scale will allow it to generate additional
EBITDA by increasing the volume of higher-margin services and
create opportunities for operational initiatives and cost-saving
measures. As a result, we forecast adjusted EBITDA margins to
increase to the mid-20% area over the next two years, which will
increase cash flow generation and support its ability to service
its substantial debt burden at the current rating," S&P said.

S&P believes the sponsors have an aggressive financial policy and
view additional debt-financed acquisitions as likely.

"In our view, the company's financial sponsors, led by Stone Point
Capital, Further Global, and Permira, have a high tolerance for
leverage and an aggressive growth agenda. As exemplified by the
proposed acquisition, we believe Duff & Phelps will continue to
expand its consulting platform inorganically through acquisitions.
While we do not forecast any additional acquisitions in our
base-case, we expect the company would partially fund acquisitions
with debt, which limits the potential it will significantly reduce
leverage," S&P said.

The stable outlook reflects S&P's expectation Duff & Phelps will
continue to expand its organic revenue while benefiting from
operational initiatives, the roll-off of one-time costs, and
successful acquisition integration that improve EBITDA margins over
the next 12 months despite its substantial debt burden. Pro forma
for the transaction and acquisitions, S&P expects leverage to
decline to the low-7x area and FOCF-to-debt ratio to remain 3%-5%
in 2021.

"We could lower our rating on Duff & Phelps if we believe its
capital structure is unsustainable, which could occur if it faces
operational challenges such as acquisition-integration missteps,
client volume declines due to increased competition, or
reputational challenges that reduce revenue or EBITDA and lead its
FOCF-to-debt ratio to become negligible. We could also lower our
rating if the company pursues substantial debt-financed
acquisitions or shareholder rewarding activities such that we
believe it could not comfortably service its fixed charges with
organic cash flow generation," S&P said.

"We view the probability of an upgrade for Duff & Phelps as low
over the next 12 months primarily because of its sponsors'
aggressive growth strategy and our expectation that leverage will
remain above 6.5x. An upgrade would require a more conservative
financial policy that includes adjusted leverage below 6.5x and an
FOCF-to-debt ratio well above 5% on a sustained basis, through a
combination of EBITDA growth and debt repayment," S&P said.


EDISON PRICE: Allowed Interim Use of Citibank Cash Collateral
-------------------------------------------------------------
Judge Robert Drain of the U.S. Bankruptcy Court for the Southern
District of New York entered a second order authorizing Edison
Price Lighting, Inc. to use cash collateral in the ordinary course
of business.

Citibank consents to the use of cash collateral through June 16,
2020, subject to the terms of the Second Interim Order and only in
accordance with the budget negotiated with and approved by
Citibank. The Debtor's expenses under any category in the Approved
Budget will not exceed the figure budgeted by the Debtor and agreed
by Citibank for that category by more than 5%.

The Debtor acknowledges that (i) it entered into two secured loan
facilities, a term loan, and a line of credit loan in the original
amounts of $2,000,000 each; and (ii) the total debt now owed to
Citibank is approximately $3,683,897, which is secured by valid,
senior secured liens on substantially all of the Debtor's assets.

Citibank is granted a first-priority security interest in and lien
on all pre- and post-petition property of the Debtor subject to
carve-out, consisting of: (i) U.S. Trustee fees and any Clerk's
filing fees; (ii) the fees and commissions of a trustee, if the
chapter 11 case is converted to a case under chapter 7, in an
amount not to exceed $10,000; and (iii) the fees and expenses of
professionals retained by the Debtor in an amount not to exceed
$10,000. In addition, the Adequate Protection Lien will not attach
to causes of action arising under Chapter 5 of the Code or the
proceeds thereof.

To the extent of any collateral diminution, Citibank is granted a
superpriority claim as provided for in section 507(b) of the
Bankruptcy Code. The Superpriority Claim will be an allowed claim
with priority over all other administrative expense and other all
other claims against the Debtor's estate.

The Debtor is directed to maintain all necessary insurance, in
accordance with the Approved Budget, and provide Citibank and the
U.S. Trustee with proof of all such coverage, as well as prompt
notification of any change in such coverage which may occur
thereafter.

The hearing on the Debtor's request for a Final Order (or further
interim order) authorizing use of Cash Collateral will be held on
June 16, 2020 at 10:00 a.m.

                   About Edison Price Lighting

Located in Long Island City, N.Y., Edison Price Lighting Inc.
designs and manufactures architectural lighting fixtures.  Its
60,000-square-foot facility includes its office, full-scale
factory, testing lab, and the Edison Price Lighting Gallery.  For
more information, visit https://www.epl.com/

Edison Price Lighting sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. N.Y. Case No. 20-22614) on May 1,
2020.  At the time of the filing, Debtor disclosed assets of
between $1 million and $10 million and liabilities of the same
range.

Judge Robert D. Drain oversees the case.  Bronson Law Offices, P.C.
is Debtor's legal counsel.



EDISON Price: Asks Court to Free Frozen Cash to Protect Assets
--------------------------------------------------------------
Bill Heltzel, writing for West Fair Online, reports that Edison
Price Lighting Inc. asked the court to free frozen cash worth
$300,000 in Citibank, that was frozen on April 30, 2020.  It asked
the court to free up the account and Citibank objected.

On May 15, 2020, U.S. Bankruptcy Judge Robert D. Drain granted the
company interim authority to use cash from its Citibank account
through May 29,2020 "to meet its current obligations and preserve
the going concern value in connection with the sale of
substantially all of its assets."

Edison Price Lighting Inc., cited that COVID-19 pandemic as the
reason in filing for bankruptcy, but its bank claims that the
financial difficulties preceded the crisis.  Edison Price declared
assets worth $5.1 million and liabilities of about $8.5 million,
its May 1, 2020 Chapter 11 petition filed in U.S. Bankruptcy Court,
White Plains.

It needs bankruptcy protection, according to a declaration by Emma
Price, the president, to obtain breathing room from creditors while
it marshals assets to "either sell the company as a whole or sell
off its inventory, raw materials and other assets."

According to a bankruptcy statement, Edison's gross revenue totaled
$17.3 million in 2018, but dropped more than 31% in 2019, to $12
million. Revenues in 2020 reached nearly $1.9 million in the first
four months.

The company had been struggling against competitors from China and
elsewhere, Price stated, but it was the pandemic that forced the
company to close and lay off most of its 80 employees.  Edison
Price owes about $3.7 million to Citibank, and $4.8 million to 166
unsecured creditors, including $1.4 million to the Internal Revenue
Service and more than $1 million to its Long Island City landlord.

Price stated that the company needs cash to pay a skeletal staff on
an hourly basis to preserve assets and for current obligations,
such as insurance and utilities.

According to Citibank in a court filing, Edison has been shuttered
since March 20, 2020 when New York put strict limits on
nonessential businesses. It cannot manufacture lighting or generate
revenue and it has no ongoing operations to support.

"The fundamental issues arising between the debtor and Citibank are
essentially unrelated to the pandemic," according to the bank.

It claims that the company has been in default on two loans since
the end of 2019, and that the business has refused to provide
financial data and records or respond to communications.

"Citibank has had, and continues to have, serious concerns about
management's ability to operate or even sell the Debtor's
business."

"Moreover," the bank stated, Edison Price's "aspirational attempt
to maintain 'going concern' value -- while exploring the
possibility of some uncertain future sale -- simply does not
comport with the reality of the debtor’s financial situation."

Edison Price replied that Citibank bounced a $24,063 check for
insurance in April 2020 yet two days later debited $43,603 for the
monthly loan payment.

"This country is in crisis," Edison Price states in its reply.
"More bankruptcies or company closures are to come. Citibank needs
to work with its borrowers or there will need to be new bailouts
that will further devastate the economy and risk our national
security."

Citibank was granted a priority interest in Edison Price's
property, and the business must report detailed financial
information to the bank.

Edison Price Lighting is represented by Harrison attorney H. Bruce
Bronson.  Citibank is represented by Manhattan attorneys Stuart J.
Glick and Anthony F. Pirraglia.

                 About Edison Price Lighting

Located in Long Island City, N.Y., Edison Price Lighting Inc. --
https://www.epl.com/ -- designs and manufactures architectural
lighting fixtures.  Its 60,000-square-foot facility includes its
office, full-scale factory, testing lab, and the Edison Price
Lighting Gallery.

Edison Price Lighting sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 20-22614) on May 1, 2020.
At the time of the filing, the Debtor was estimated to have assets
of between $1 million and $10 million and liabilities of the same
range.  Judge Robert D. Drain oversees the case.  Bronson Law
Offices, P.C., is the Debtor's legal counsel.


ELEMENTAL PROCESSING: Judge Denies Bid on Cash Collateral Use
-------------------------------------------------------------
Judge Tracey Wise of the U.S. Bankruptcy Court for the Eastern
District of Kentucky has entered an order denying Elemental
Processing, LLC's Motion for Approval of Interim Budget for Cash
Collateral Use.

                  About Elemental Processing

Elemental Processing, LLC -- https://www.elementalprocessing.com/
-- is a producer of Scientifically Advanced Cannabidiol (CBD). The
Company's licensed Industrial Hemp processing plant has led the way
in expanding the cannabinoid industry and has supplied a vast
portion of the CBD market with oils, distillates and isolates used
to create a multitude of retail products, such as: capsules,
tinctures, skincare, beverages, and health care products.

Elemental Processing filed its voluntary petition under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Ky. Case No. 20-50640) on April
20, 2020. The petition was signed by Tony Struyk, its chief
executive officer (CEO) and chief financial officer (CFO). At the
time of the filing, the Debtor disclosed total assets of $8,157,100
and total liabilities of $56,701,255.  The Hon. Tracey N. Wise
oversees the case. The Debtor tapped Bunch & Brock, PSC as its
bankruptcy counsel.


EM POLICIA: Court Approves Disclosure Statement
-----------------------------------------------
Judge Brian K. Tester has ordered that the Disclosure Statement
filed by EM Policia Privada Inc on Feb. 20, 2020 is finally
approved. The Plan filed by debtor dated Feb. 20, 2020 is
confirmed.  The Debtor must timely comply with the requirements of
LBR 3022-1 as to the application for a final decree.

                    About EM Policia Privada

Based in Bayamon, Puerto Rico, EM Policia Privada, Inc., filed a
petition under Chapter 11 of the Bankruptcy Code (Bankr. D.P.R.
Case No. 19-02293) on April 26, 2019, listing under $1 million in
both assets and liabilities. The Debtor is represented by
NildaGonzalez-Cordero Law Offices.


EMPRESA LOCAL: Court Approves Disclosure Statement
--------------------------------------------------
Judge Brian Tester has ordered that the Disclosure Statement filed
by Empresa Local Global Inc be and is approved.

The hearing for the consideration of confirmation of the Plan and
of such objections as may be made to the confirmation of the Plan
will be held on July 29, 2020 at 9:30 a.m. at the Jose V. Toledo,
Federal Building & U.S. Courthouse, Courtroom No. 1, Second Floor,
300 Del Recinto Sur Street, Old San Juan, Puerto Rico.

That any objection to confirmation of the plan must be filed on/or
before seven days prior to the date of the hearing on confirmation
of the Plan.

                    About Empresa Local Global

Empresa Local Global, Inc., formerly known as Casas Mi Estillo, was
created in 1987 and was in the business of selling wooden
prefabricated houses in Puerto Rico.  

Empresa Local Global filed for Chapter 11 bankruptcy protection
(Bankr. D.P.R. Case No. 14-06675) on Aug. 14, 2014.  The case is
assigned to Judge Brian K. Tester.  At the time of the filing, the
Debtor was estimated to have assets and liabilities of less than $1
million.  The Debtor is represented by Charles A.
Cuprill-Hernandez, Esq., in San Juan, Puerto Rico.


EUROAMERICAN FOODS: Hispanic Buying All Assets for $15K
-------------------------------------------------------
Euroamerican Foods, Inc., asks the U.S. Bankruptcy Court for the
Northern District of Illinois to authorize the bidding procedures
in connection with the sale of substantially all assets, pursuant
to a sale agreement to be entered into between the Debtor and
Hispanic Hospitality Group, LLC, for $15,000, subject to higher and
better offers.  

The Debtor is an Illinois corporation.  It operates the Café
Iberico Restaurant at 737 N. LaSalle, Chicago, Illinois.  The
Debtor has operated as a Spanish tapas restaurant for 28 years.  It
employed 50 persons.  The sole shareholder of the Debtor is Joseph
Lagoa.

The Debtor's Chapter 11 case was triggered by a Judgment and
subsequent citation lien obtained by Wells Street Management, LLC,
which is the subject of an adversary complaint for avoidance filed
by the Debtor against Wells Street.  

The Buyer claims a senior security position as to all of the assets
of the Debtor pursuant to a promissory note, security agreement and
UCC-1 filing as of March 3, 2019 in favor of prior lienholder
Timberland Bank which position was purchased from ARF Financial,
Bank’s servicer, in December 2019.  HHG is owned by insiders of
the Debtor Joseph Lagoa, Mark Lagoa and Dario Lagoa.  The Buyer is
owed no less than $100,000.

The Buyer also asserts a priority claim under 11 U.S.C. Section
507(a) as a result of the diminution in value of the collateral
securing its claim due to the Debtor's use thereof.

As a result of the Covid-19 pandemic and resulting economic
shutdown, the Debtor's business has been adversely affected to the
point that it does not believe it can reopen.  Its inability to
reopen and operate its business on a going forward basis has caused
the Debtor to evaluate its options. The best option in its business
judgment, is to liquidate its assets in its Chapter 11 case.   

The Buyer has offered to purchase the Debtor's assets, including,
without limitation, all assets referenced in the bankruptcy
schedules filed in the Debtor's Chapter 11 case, including accounts
receivable; if any, inventory; equipment; vehicles; cash and cash
equivalents; customer and vendor lists; customer and vendor
contracts; intellectual property, including trade secrets and
common law and registered copy rights, trademarks and patents;
computer programs, source and object code, and related information;
business records; all claims and causes of action, including those
under Chapter 5 of the bankruptcy Code; and all goodwill related to
the Debtor's business, including know-how, business contacts,
non-confidential records, the rights to use all names connected
with the business; and all other assets necessary to support and
conduct the Debtor's business.

The Buyer is not assuming any liabilities or obligations of the
Debtor or its bankruptcy estate of any kind, and is acquiring all
of the Purchased Assets free and clear of any liens, claims and
encumbrances.  The Buyer also is only willing to acquire the assets
pursuant to a sale that is free and clear of all liens, claims and
interests.

HHGP, the Debtor's secured creditor consents to the sale and Wells
Street holds an avoidable lien and thus its interest in the
Debtor's assets is subject to a dispute.  Furthermore, Wells Street
could be compelled to accept a monetary satisfaction of its
avoidable lien claim.    

The purchase price to be paid for the Purchased Assets will be
$15,000.  The Debtor's estate will also receive a waiver of the
Buyer's remaining secured claim; a waiver of the unsecured claims
held by the Debtor's landlord, 737 N. LaSalle LLC of approximately
$225,000 and a waiver from Lagoa of his unsecured claim against the
Debtor in the amount of $75,000.

In the Debtor's business judgment, accepting the offer will avoid a
liquidation sale, which it believes would garner a lower sum and
cause its estate to accrue unnecessary costs.  Although an earlier
appraisal for the assets that are being sold indicated a value of
approximately $24,000, the Buyer believes that the value of the
assets has declined substantially since the appraisal.  It is due
to the shutdown of sit down dining in the City of Chicago, the
permanent closure of certain restaurants, the ensuing glut of used
restaurant equipment and the consequent decline in the value of
such property.  

The Debtor thus believes the assets that are being sold to the
Buyer are valueless.  But even if the Debtor could obtain more for
its assets than the amount the Buyer is willing to pay, those
amounts ultimately would be paid to Buyer in partial satisfaction
of its secured claim or the Buyer would credit bid its secured
claims.   

The Debtor suggests that any potential bidder that desires to make
a bid for the Assets be instructed to deliver notice of its bid via
electronic mail to Scott R. Clar (sclar@cranesimon.com) not later
than 4:00 p.m. (CT) on June 18, 2020.  The Debtor suggests that it
be authorized to extend the Bid Deadline once or successively, but
it not be obligated to do so, and that if the Debtor does extend
the Bid Deadline, it will promptly notify all potential bidders of
such extension.

A copy of the Letter of Intent is available at
https://tinyurl.com/yc5xzjxa from PacerMonitor.com free of charge.

A hearing on the Motion was set for June, 2020, at 9:30 a.m.
Objections, if any, were to be filed no later than two business
days before that date.

                    About Euroamerican Foods

Euroamerican Foods, Inc., sought Chapter 11 protection (Bankr. N.D.
Ill. Case No. 20-00305) on Jan. 6, 2020.  Judge Donald R. Cassling
is assigned to the case.  Crane, Simon, Clar & Dan represents the
Debtor.


EXELA TECHNOLOGIES: Posts $509.1 Million Net Loss in 2019
---------------------------------------------------------
Exela Technologies, Inc., reported a net loss of $509.12 million on
$1.56 billion of revenue for the year ended Dec. 31, 2019, compared
to a net loss of $169.81 million on $1.58 billion of revenue for
the year ended Dec. 31, 2018.

As of Dec. 31, 2019, the Company had $1.26 billion in total assets,
$2 billion in total liabilities, and a total stockholders' deficit
of $743.04 million.

"We are pleased to have achieved our revised full year 2019
guidance, including revenue above the high-end of our guidance
range," said Ronald Cogburn, chief executive officer of Exela. "The
COVID-19 pandemic has posed unprecedented challenges and disruption
for companies and communities around the world.  Our priorities
since the onset of the pandemic have been the health and safety of
our global team members and their families, and continuing to
provide mission-critical services to our customers. In this regard,
with our strategic global footprint, "right-shore" model, and 86%
of our team members either enabled to work remotely or less
impacted by the pandemic, we have delivered virtually uninterrupted
service to our customers.  I am incredibly proud of all our global
team members for their continued hard work and dedication to
serving our customers during this time.  Notwithstanding the
current economic challenges of COVID-19, we believe our business
model remains resilient supported by our strong customer base, the
mission-critical nature of the services we provide, our leading
suite of services and solutions, and our global delivery
excellence."

Mr. Cogburn continued, "Looking to the remainder of 2020 and
beyond, we have a plan in place for improved long-term profitable
growth and value creation.  We will continue to position the
Company to focus on growing our base business in core industries
such as banking, insurance and healthcare where we provide critical
billing and payment solutions.  In addition, our strategic
priorities include improving our operating income and free cash
flow, increasing our liquidity, and reducing our debt. Our
previously announced debt reduction and liquidity improvement
initiative is an important component of this plan.  While we still
have work to do, we have made good progress so far in 2020 by
closing a new securitized AR facility in January and the
divestiture of our Tax Benefit Group business in March, increasing
our financial flexibility."

COVID-19 Positioning

In response to the COVID-19 pandemic, Exela rapidly initiated a
plan to protect the health and safety of its global team members,
while continuing to serve customers' needs.  Relevant highlights
include:

   * Favorable employee distribution model with over 60% of the
     employee base located in Americas and EMEA offers Exela a
     clear differentiation and edge over competitors

   * Minimum volume commitments in many contracts limit the
     effects of volume reductions

   * Rapid response unit set up with an emphasis on solutions
     that address work-from-home environments such as the Digital
     Mailroom

   * Company adjusted its FTE capacity in Q2 to 19,056 FTEs
     representing 86% of its pre-COVID-19 levels of 22,058 FTEs

Fourth Quarter 2019 Financial Highlights

   * Revenue: Revenue was $393.6 million, a decline of 1.5% from
     $399.6 million in the fourth quarter of 2018.  Revenue for
     the Information and Transaction Processing Solutions     
     segment was $306.7 million, a decline of 5.4% year-over-
     year, driven primarily by the previously announced low
     margin contract exit) in the third quarter of 2018 partially
     offset by growth from existing customers and new wins.
     Healthcare Solutions revenue was $69.8 million, an increase
     of 24.0% year-over-year, driven primarily by acquisition,
     new customer growth and increased volumes with existing
     customers.  Legal and Loss Prevention Services revenue was
     $17.1 million, a decline of approximately $2.0 million, or
     10.3% from the fourth quarter of 2018.

     Revenue excluding the previously announced LMCE and pass
     through revenues from postage and postage handling with
     either zero or nominal margins was $323.5 million in the
     fourth quarter of 2019, representing an increase of 1.5%
     over $318.8 million in the fourth quarter of 2018.

     82% of fourth quarter 2019 revenue was in the Americas, 16%
     was in Europe, and 2% was in rest of world.

   * Operating income/(loss): Operating loss for the fourth
     quarter of 2019 was $249.5 million, compared with operating
     loss of $40.6 million in the fourth quarter of 2018.  The
     year-over-year increase in operating loss is primarily
     attributable to non-cash goodwill and trade-name impairment
     charges of $252.4 million recognized in the fourth quarter
     of 2019, compared with $48.1 million of impairment charges
     in the fourth quarter of 2018, along with higher SG&A
     expenses partially offset by lower depreciation and
     amortization costs.  The non-cash goodwill and trade-name
     impairment charges incurred in the fourth quarter of 2019
     were related to the write-down of the carrying values of the
     ITPS and LLPS segments.

   * Net Loss: Net Loss for the fourth quarter of 2019 was $304.1
     million, compared with a net loss of $86.5 million in the
     fourth quarter of 2018.

   * Adjusted EBITDA: Adjusted EBITDA for the fourth quarter of
     2019 was $53.0 million, compared to Adjusted EBITDA of $72.7
     million in the fourth quarter of 2018.  Adjusted EBITDA
     margin for the fourth quarter of 2019 was 13.5% compared to
     Adjusted EBITDA margin of 18.2% in the fourth quarter of
     2018.  The decrease in fourth quarter 2019 Adjusted EBITDA
     was mainly driven by lower revenue in the ITPS segment,
     higher SG&A spend, and losses on derivative instruments,
     partially offset by continued realization of savings flow-  
     through.

     Adjusted EBITDA margin, based on revenue excluding LMCE and
     pass  through revenue, was 16.4% in the fourth quarter of  
     2019, compared with 22.8% in the fourth quarter of 2018.

   * Capital Expenditures: Capital expenditures for the fourth
     quarter of 2019 were 1.2% of revenue compared to 2.6% of
     revenue in the fourth quarter of 2018.

   * Common Stock: As of May 1, 2020, there were 147,511,430
     total shares of common stock outstanding and an additional
     3,923,385 shares of common stock reserved for issuance for    

     its outstanding preferred shares on an as-converted basis.

   * Total employees as of Dec. 31, 2019 were 22,766 as compared
     to 22,715 as of Sept. 30, 2019.

Debt Reduction and Liquidity Improvement

On Nov. 12, 2019, Exela announced that its Board of Directors
adopted a debt reduction and liquidity improvement initiative, with
the goal of increasing the Company's liquidity to approximately
$125.0 to $150.0 million, and repaying debt with a target debt
reduction of approximately $150.0 to $200.0 million. In accordance
with this Initiative, Exela announced two transactions in the first
quarter of 2020.

   * On Jan. 15, 2020, Exela announced that it entered into a 5-
     year, $160.0 million accounts receivable securitization
     facility to improve liquidity.  The facility is for an
     initial five-year term, may be extended in accordance with
     its terms, and is incremental to Exela's existing $100.0
     million revolving facility maturing in July 2022.

   * On March 17, 2020, Exela announced the sale of its Tax
     Benefit Group business for $40.0 million, or approximately
     1.93x 2019 revenue.  Net of closing costs and adjustments,
     this transaction resulted in proceeds of $38.2 million.  For
     full year 2019, TBG generated total revenue of $20.7
     million.  The Company believes it is on schedule for
     additional divestitures with expected proceeds in the range
     of $110.0 million to $160.0 million.

First Quarter 2020 Update and Full Year 2020 Commentary

   * As previously disclosed, the Company expects to complete its
     financial statements for the quarter ended March 31, 2020 by
     June 24, 2020.  For the first quarter of 2020, Exela expects
     to report revenue in the range of $362.0 - $365.0 million.
     Although Exela is working diligently to complete its
     financial statements for the first quarter of 2020 by June
     24, 2020 no assurance can be given that they will be filed
     within such period.

   * The depth and duration of the economic impact from COVID-19
     on Exela and its customers' businesses remains unknown.
     Given the uncertainties surrounding COVID-19 and its impacts
     on visibility, Exela is delaying providing financial
     guidance for full year 2020.

A full-text copy of the Form 10-K is available for free at the
Securities and Exchange Commission's website at:

                      https://is.gd/3QS54e

                         About Exela

Exela Technologies, Inc. is a business process automation (BPA)
company, leveraging a global footprint and proprietary technology
to provide digital transformation solutions enhancing quality,
productivity, and end-user experience.  With decades of expertise
operating mission-critical processes, Exela serves a growing roster
of more than 4,000 customers throughout 50 countries, including
over 60% of the Fortune 100.  With foundational technologies
spanning information management, workflow automation, and
integrated communications, Exela's software and services include
multi-industry department solution suites addressing finance and
accounting, human capital management, and legal management, as well
as industry-specific solutions for banking, healthcare, insurance,
and public sectors.  Through cloud-enabled platforms, built on a
configurable stack of automation modules, and over 22,000 employees
operating in 23 countries, Exela rapidly deploys integrated
technology and operations as an end-to-end digital journey
partner.

                           *   *   *

As reported by the TCR on Nov. 29, 2019, S&P Global Ratings lowered
its issuer credit rating on Irving, Texas-based Exela Technologies
Inc. to 'CCC-' from 'CCC+' with negative outlook.  "We could lower
our ratings on Exela if the company defaults, announces a
distressed exchange or restructuring, or misses its interest
payment," S&P said.


FOLSOM FARMS: Unsecured to Recover 100% of Their Claims
-------------------------------------------------------
Folsom Farms, LLC, filed a Chapter 11 Plan and a Disclosure
Statement.

The Debtor intends to refinance its debt in order to pay all
holders of claims. Until the Refinance Closing, the Debtor will pay
Holders of Secured Claims monthly an amount sufficient to cover
accruing interest on their Claims.  Unsecured Creditors will be
paid 100% of their Allowed Claims on (a) the Effective Date or (b)
the Allowance Date, whichever is later.  All unexpired leases and
executory contracts will be assumed by Debtor as of the Effective
Date of the Plan.

The source of revenue for operating the Debtor and paying Holders
of Claims is the rents received from the various leases.

Folsom Farms, LLC asks the Court to enter an order combining the
Court's Hearings on Debtor's Disclosure Statement and Plan of
Reorganization.

A full-text copy of the Disclosure Statement dated May 18, 2020, is
available at https://tinyurl.com/yaq42vmy from PacerMonitor.com at
no charge.

Attorney for the Debtor:

     Sally Leisure
     SRL Legal, LLC
     25-6 NW 23rd Place, #241
     Portland, OR 97210
     Telephone: 503.781.8211
     Email: sally@sallyleisure.com

                      About Folsom Farms

Folsom Farms, LLC, is a single asset real estate debtor (as defined
in 11 U.S.C. Section 101(51B).

Folsom Farms sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Ore. Case No. 20-30575) on Feb. 19, 2020.  At the
time of the filing, the Debtor was estimated to have assets of
between $1 million and $10 million and liabilities of the same
range.  Judge Peter C. McKittrick oversees the case.  Sally
Leisure, Esq., at SRL Legal, LLC, is the Debtor's legal counsel.


FORESIGHT ENERGY: Unsecureds to Get 3.82% or 0% in Plan
-------------------------------------------------------
Foresight Energy LP, et al., submitted a Reorganization Plan and a
Disclosure Statement.

The Debtors believe that the restructuring reflected in the Plan is
the best available option for Foresight.  Specifically, it
eliminates significant financial burdens, provides the Debtors with
an expeditious and cost-effective road to emergence, positions the
Debtors for success and flexibility in the years to come in a
challenging and heavily-regulated industry, and is in the best
interests of all of the Debtors’ stakeholders.  Taken as a whole,
the Restructuring achieves:

   * a substantial deleveraging of the Debtors' balance sheets by
providing, in pertinent part, (a) 92.75% of the New Common Equity,
subject to the Full Equity Dilution, to the Holders of Allowed
First Lien Facility Claims (Class 3), (b) 7.25% of the New Common
Equity, subject to the Full Equity Dilution, to the Holders of
Allowed Second Lien Notes Claims (Class 4), and (c) for Holders of
Allowed General Unsecured Claims (Class 5), the right to receive
its Pro Rata share of (i) a $1.5 million Cash pool if the Holders
of General Unsecured Claims vote to accept the Plan or (ii)
otherwise no recovery if the Holders of General Unsecured Claims
vote to reject the Plan; and

   * a substantial capital infusion into Foresight through a new
senior secured first-priority Exit Facility with an aggregate
principal amount of up to $225,000,000.

Class 3 First Lien Facility Claims, which are impaired, will have a
projected recovery of 7.93%. Each Holder of an Allowed First Lien
Facility Claim will receive its Pro Rata share of 92.75% of the New
Common Equity, subject to the Full Equity Dilution.

Class 4 Second Lien Notes Claims, which are impaired, will recover
1.11%. Each Holder of an Allowed Second Lien Notes Claim shall
receive its Pro Rata share of 7.25% of the New Common Equity,
subject to the Full Equity Dilution.

Class 5 General Unsecured Claims will recover 3.82% or 0%.  If
Class 5 Accepts the Plan, each Holder of an Allowed General
Unsecured Claim shall receive at its option, either:  (a) its Pro
Rata share of $1.5 million in Cash or (b) other less favorable
treatment agreed to by the Holder.  If Class 5 Rejects the Plan:
Holders of Allowed General Unsecured Claims shall not be entitled
to receive any distribution under the Plan on account of such
Claims, which shall be cancelled and discharged and shall be of no
further force and effect.

Class 8 Interests in FELP and Interests in GP LLC are impaired and
holders may recover nothing. On the Effective Date, all Interests
in GP LLC and all Interests in FELP shall be cancelled and
discharged and shall be of no further force and effect.

A full-text copy of the Disclosure Statement dated May 18, 2020, is
available at https://tinyurl.com/yapbmogk from PacerMonitor.com at
no charge.

Co-Counsel for the Debtors:

     Paul M. Basta
     Alice Belisle Eaton
     Alexander Woolverton
     PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP
     1285 Avenue of the Americas
     New York, New York 10019
     Telephone: (212) 373-3000
     Facsimile: (212) 757-3990

           - and -

     Richard W. Engel, Jr.
     John G. Willard
     Kathryn R. Redmond
     ARMSTRONG TEASDALE LLP
     7700 Forsyth Boulevard, Suite 1800
     St. Louis, Missouri  63105
     Telephone:  (314) 621-5070  
     Facsimile:  (314) 621-5065

                    About Foresight Energy

Foresight Energy and its subsidiaries -- http://www.foresight.com/
-- are producers of thermal coal, with four mining complexes and
nearly 2.1 billion tons of proven and probably coal reserves
strategically located near multiple rail and river transportation
access points in the Illinois Basin.  The Debtors also own a
barge-loading river terminal on the Ohio River.  From this
strategic position, the Debtors sell their coal primarily to
electric utility and industrial companies located in the eastern
half of the United States and across the international market.

Foresight Energy LP and its affiliates sought Chapter 11 protection
(Bankr. E.D. Mo. Lead Case No. 20-41308) on March 10, 2020.

The Debtors were estimated to have $1 billion to $10 billion in
assets and liabilities.

The Hon. Kathy A. Surratt-States is the case judge.

Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal
counsel to Foresight Energy; Jefferies Group is acting as
investment banker; and FTI Consulting, Inc. is acting as financial
advisor.  Prime Clerk LLC is the claims agent at
https://cases.primeclerk.com/ForesightEnergy

Akin Gump Strauss Hauer & Feld LLP is acting as legal counsel and
Lazard Freres & Co. LLC is acting as investment banker to the Ad
Hoc Lender Group representing lenders under the first lien credit
agreement.

Milbank LLP is acting as legal counsel and Perella Weinberg
Partners LP is acting as investment banker to the Ad Hoc Lender
Group representing crossover lenders under each of the second lien
indenture and first lien credit agreement.


FOURTEENTH AVENUE: U.S. Trustee Objects to Plan and Disclosures
---------------------------------------------------------------
The United States Trustee objects to the First Amended Combined
Plan of Reorganization and Disclosure Statement of Fourteenth
Avenue Cartage Company, Inc.

The United States Trustee points out that the Plan cannot be
confirmed because it does not provide adequate notice of key
terms.

The U.S. Trustee also asserts that:

   * The promise to pay unsecured creditors is illusory.

   * The Debtor trust is unnecessary and a waste of resources.

   * The Plan may violate the Absolute Priority Rule.

   * The auction cannot occur as proposed, the form of the auction
is not adequate, and the auction does not satisfy the requirements
of Lasalle.

                 About Fourteenth Avenue Cartage

Fourteenth Avenue Cartage Company, Inc.
--http://www.fourteenth.com/-- is a trucking company in Dearborn,
Mich.  It provides intermodal, truck load and cross-border
deliveries across Michigan, Ohio, Ontario, Indiana, Illinois and
Wisconsin.  Fourteenth Avenue owns and operates a fleet of over 75
tractors and over 500 trailers.

Fourteenth Avenue Cartage Company sought protection under Chapter
11 of the Bankruptcy Code (Bankr. E.D. Mich. Case No. 19-54128) on
Oct. 3, 2019. In the petition signed by COO James V. Ryan, the
Debtor was estimated to have assets and debt of less than $10
million. Judge Marci B. McIvor oversees the case.  

The Debtor tapped Wernette Heilman, PLLC as its legal counsel, and
Mies and Company, Inc., as its financial advisor.

The U.S. Trustee for Region 9 appointed a committee of unsecured
creditors on Oct. 31, 2019.  The committee tapped Schafer and
Weiner, PLLC, as its legal counsel.


FRE 355 INVESTMENT: Seeks Court Approval to Hire Accountant
-----------------------------------------------------------
FRE 355 Investment Group, LLC, seeks authority from the U.S.
Bankruptcy Court for the Northern District of California to hire an
accountant.

The Debtors desire to appoint Alan R. David, CPA, to assist the
Debtors in the preparation of their state and federal income tax
returns.  

Mr. David will charge $325 per hour for his services and $125 per
hour for the bookkeeping staff. Services to complete the 2018 and
2019 returns are estimated to range between $1,800-$2,500.

Mr. David assures the court that he has no connections with the
Debtors, their creditors, or other parties in interest, or their
respective attorneys, or represent any interest adverse to these
estates.

Mr. David can be reached at:

     Alan R. David, CPA
     1101 S. Winchester Boulevard, Suite A-107
     San Jose, CA 95128
     Phone: +1 408-439-5933

                   About FRE 355 Investment Group

FRE 355 Investment Group, LLC, is a Single Asset Real Estate (as
defined in 11 U.S.C. Section 101(51B)).

FRE 355 Investment Group filed a voluntary petition under Chapter
11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 20-50628) on
April 13, 2020.  In the petition signed by Melvin Vaugh, managing
member, the Debtor was estimated to have $10 million to $50 million
in both assets and liabilities.  Michael W. Malter, Esq. at BINDER
& MALTER, LLP, is the Debtor's counsel.


FRIENDSWOOD TRAILS: $1.25M Sale of Friendswood Property Approved
----------------------------------------------------------------
Judge Jeffrey P. Norman of U.S. Bankruptcy Court for the Southern
District of Texas authorized Friendswood Trails, LLC's sale of 55.4
acres out of the approximately 123.54 acres of undeveloped land
situated in the City of Friendswood, Galveston County, Texas, which
is more particularly described by Galveston County Appraisal
District Property IDs 184713, 184714, 174717, and 218757, to D.R.
Horton-Texas, Ltd. for $1.25 million, plus a lot development fee of
$800 per lot developed by the Purchaser.

At closing, the Debtor is authorized to pay the following
obligations:

     a. Graham Mortgage Corporation in the approximate amount of
$1.25 million with an additional funds totaling $1.75 million if
closed prior to June 15, 2020, or $1.85 million if closed prior to
July 15, 2020, to be paid by Harvey Doerring in full satisfaction
of the all claims arising under the promissory note and deed of
trust executed by the Debtor in favor of Graham Mortgage Corp.;

     b.  All outstanding real property ad valorem taxes; plus

     c.  all reasonable and necessary closing costs.

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

                    About Friendswood Trails

Friendswood Trails, LLC, is a Texas limited liability corporation
formed in 2016 for the acquisition and development of residential
and commercial real estate in Friendswood, Texas.  Friendswood,
Texas is a suburb of Houston, Texas located south of the Sam
Houston Parkway between Texas Highway 35 and I-4.

Friendswood Trails filed a Chapter 11 Petition (Bankr. S.D. Tex.
Case No. 18-80029) on Feb. 5, 2018, and is represented by Kimberly
Anne Bartley, Esq., at Waldron & Schneider, L.L.P.



GG/MG INC: Has Authority to Use Cash Collateral on Interim Basis
----------------------------------------------------------------
GG/MG, Inc. sought and obtained authorization from the U.S.
Bankruptcy Court for the Eastern District of Missouri to use the
cash collateral in which Midwest Regional Bank holds an interest.

As of the Petition Date, the Bank alleges that the indebtedness
owing by Debtor to the Bank was in excess of $2,000,000, secured by
a security interest in and lien upon substantially all of Debtor's
assets.

As set forth in Judge Kathy Surratt-States' interim order, the
Debtor's use of cash collateral is subject to following terms and
conditions:

     A. The Debtor may use cash collateral in the ordinary course
of business in accordance with the provisions of that certain 13
week cash flow projection. Budgeted expenses may deviate by no more
than 10% of the sums in said projection.

     B. The Debtor will promptly propose a plan pursuant to the
requirements of 11 U.S.C. section 1189.

     C. The Debtor will continue to maintain and repair the
Pre-Petition Collateral and shall file the reports required by
applicable provisions of the Bankruptcy Code.

     D. The Debtor will allow the Bank, its employees, accountants,
attorneys, or agents to examine and inspect the Debtor's assets at
any time during ordinary business hours and upon reasonable advance
notice.

The bankruptcy judge will conduct a final hearing on the use of
cash collateral on Aug. 24, 2020 at 10:00 a.m. Any objections are
due by Aug. 17.

                         About GG/MG Inc.

GG/MG, Inc. is a landfill compactor in Herculaneum, Mo.  It
conducts business under the name Landfill Equipment Sales, Service
& Parts.  Visit http://www.landfill-equip.comfor more
information.

GG/MG sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. E.D. Mo. Case No. 20-42506) on May 12, 2020. The petition
was signed by GG/MG President Danielle. At the time of the filing,
Debtor had estimated assets of less than $50,000 and liabilities of
between $1 million and $10 million.  

Judge Kathy A. Surratt-States oversees the case.  Goldstein &
Pressman, P.C. is Debtor' legal counsel.



GUERRERO DELI: Has Until July 10 to File Plan and Disclosures
-------------------------------------------------------------
Judge Vincent F. Papalia has ordered that Guerrero Deli &
Restaurant, Inc., shall file an amended form of chapter 11 plan and
disclosure statement no later than July 10, 2020.

The Plan and the Motion to Convert or Dismiss will both be
rescheduled for July 14, 2020 at 11:00 a.m. as a control date and
to maintain the present pendency of such matters.  

The Debtor's attorney:

     Peter J. D'Auria, Esq.
     One Newark Center, Suite 2100
     Newark, NJ 07102
     Telephone: (973) 645-3014
     Fax: (973) 645-5993

               About Guerrero Deli & Restaurant

Guerrero Deli & Restaurant, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. D.N.J. Case No. 18-23840) on July 10, 2018, was
estimated to have under $1 million in both assets and liabilities.
The Debtor hired Tomas Espinosa, Esq., as counsel.


HDR FARMS: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: HDR Farms Incorporated
        1270 Louisville Road
        Harrodsburg, KY 40330

Business Description: HDR Farms Incorporated is a cannabis company

                      located in central Kentucky.

Chapter 11 Petition Date: June 9, 2020

Court: United States Bankruptcy Court
       Eastern District of Kentucky

Case No.: 20-50888

Judge: Hon. Gregory R. Schaaf

Debtor's Counsel: Charity S. Bird, Esq.
                  KAPLAN JOHNSON ABATE & BIRD LLP
                  710 West Main Street
                  Fourth Floor
                  Louisville, KY 40202
                  Tel: (502) 540-8285
                  E-mail: cbird@kaplanjohnsonlaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Steven F. Bragg, CEO & 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/IubRTN


HERTZ CORP: S&L, Keller, Morgan Represent Bower, Injury Claimants
-----------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firms of Stevens & Lee, P.C., Keller Lenkner LLC and Morgan
& Morgan submitted a verified statement that they are representing
Jeffrey Brower and the Personal Injury Claimants in the Chapter 11
cases of The Hertz Corporation, et al.

As of June 4, 2020, the Personal Injury Claimants are:

Hawkins, William vs. Glover, Renicha
Alexander, Paul vs. Hertz
Santana, Azaliyah vs. Adams, Alexis
Kennedy, Jennifer vs. Hertz Car Rental
Holmes, Rondarius vs. Swinson, Raymond
Hopkins, Sharon vs. Dale, Kristin
Moore, Natashia vs. Klemm, Ricky and Sanykao, Han
Golden, Tyese vs. Nash, Brittany
Vinson, Alisha vs. Pagnotta, Ranald
Freeman, LaQuisha vs. Edwards, Johnathan

Claimant Brower seeks to hold Hertz and any applicable affiliates
accountable for the physical, mental, and economic harm it has
inflicted upon him as the result of an automobile accident on
September 5, 2019, in Brevard County, Florida, and was prepared to
commence a civil action in the 18th Judicial Circuit, Brevard
County, Florida but was foreclosed to do so by the commencement of
these Chapter 11 proceedings and the imposition of the automatic
stay. Additionally, all Personal Injury Claimants seek to recover
damages against Hertz on the same or similar theories and for the
same or similar injuries.

None of these plaintiffs has any "disclosable economic interest"
other than as disclosed in the preceding paragraphs.

Other than as disclosed herein, Co-Counsel does not currently
represent or claim to represent any other entity with respect to
the Debtors' cases and does not hold any claim against or interest
in the Debtors or their estates.

At this time, Co-Counsel do not represent other entities in
Debtors' case and do not hold any claim against or interest in the
Debtors or their estates.

The Verification certifies that this verified statement is true and
accurate to the best of counsel's knowledge, information and
belief, and subject to the penalties for perjury provided for in 28
U.S.C. § 1746. S&L and Co-Counsel reserve their rights to amend or
supplement this verified statement as may be necessary or
appropriate. This statement is provided without prejudice to the
right of S&L, Co-Counsel and their clients to file any further
statements, claims, adversary complaints, documents, notices or
other pleadings in these chapter 11 cases.

Counsel for Jeffrey Brower and the Personal Injury Claimants can be
reached at:

          Joseph H. Huston, Jr., Esq.
          STEVENS & LEE, P.C.
          919 North Market Street, 13th Floor
          Wilmington, DE 19801
          Tel: (302) 654-5180
          Fax: (302) 654-5181
          Email: jhh@stevenslee.com

          Nicholas F. Kajon, Esq.
          STEVENS & LEE, P.C.
          485 Madison Avenue, 20th Floor
          New York, NY 10022
          Tel: (212) 319-8500
          Fax: (212) 319-8505
          Email: nfk@stevenslee.com

          Ashley Keller, Esq.
          Seth Meyer, Esq.
          Alexios Dravillas, Esq.
          KELLER LENKNER LLC
          150 North Riverside Plaza, Suite 4270
          Chicago, IL 60606
          Tel: (312) 741-5220
          Email: ack@kellerlenkner.com
                 sam@kellerlenkner.com
                 ajd@kellerlenkner.com

          James Young, Esq.
          MORGAN & MORGAN
          76 South Laura Street, Suite 1100
          Jacksonville, FL 32202
          Tel: (904) 361-0012
          Fax: (904) 361-4307
          Email: jyoung@forthepeople.com

             - and -

          Juan R. Martinez, Esq.
          MORGAN & MORGAN
          201 N. Franklin Street, 7th Floor
          Tampa, FL 33602
          Tel: (813) 393-5463
          Fax: (813) 393-5489
          Email: juanmartinez@forthepeople.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/yGNJl6 and https://is.gd/oGbbtG

                       About Hertz Corp.

Hertz Corp. and its subsidiaries -- http://www.hertz.com/--   
operate a worldwide vehicle rental business under the Hertz,
Dollar, and Thrifty brands, with car rental locations in North
America, Europe, Latin America, Africa, Asia, Australia, the
Caribbean, the Middle East, and New Zealand.  The Company also
operates a vehicle leasing and fleet management solutions
business.

On May 22, 2020, The Hertz Corporation  and certain of its U.S. and
Canadian subsidiaries and affiliates filed voluntary petitions for
reorganization under Chapter 11 in the U.S. Bankruptcy Court
(Bankr. D. Del. Case No. 20-11218).

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

White & Case LLP is serving as legal advisor, Moelis & Co. is
serving as investment banker, and FTI Consulting is serving as
financial advisor.   Richards, Layton & Finger, P.A., is the local
counsel.

Prime Clerk LLC is the claims agent, maintaining the page
https://restructuring.primeclerk.com/hertz


HUDDLESTON VENTURES: June 10 Hearing on Disclosures Cancelled
-------------------------------------------------------------
Huddleston Ventures, LLC, and filed a notice of cancellation of the
hearing to approve its Disclosure Statement, which was set for June
10, 2020 at 11:00 a.m.

Attorney for the Debtor:

     MARGARET M. MCCLURE
     909 Fannin, Suite 3810
     Houston, Texas 77010
     Tel: (713) 659-1333
     Fax: (713) 658-0334
     E-mail: Margaret@mmmcclurelaw.com

                    About Huddleston Ventures

Huddleston Ventures, LLC, is a single asset real estate as defined
in 11 U.S.C. Section 101(51B).  Huddleston Ventures sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Case No. 20-30086) on Jan. 6, 2020.  At the time of the
filing, the Debtor had estimated assets of between $1 million and
$10 million and liabilities of between $500,000 and $1 million.
Judge Jeffrey P. Norman oversees the case.  The Debtor tapped the
Law Office of Margaret M. McClure as its legal counsel.


HY-POINT FAMILY: Court Approves Disclosure Statement
----------------------------------------------------
Judge Alan C. Stout has ordered that Hy-Point Family Limited
Partnership’s Disclosure Statement is approved.

Ballots will be mailed to counsel for the Debtor.  Counsel for the
Debtor shall file a tabulation of the ballots with the Court no
later than two business days prior to the date of the confirmation
hearing.  

Any objections to confirmation of the Debtor’s Plan shall be
filed with the Court on or before July 7, 2020.

The Renewed Motion to Dismiss or Convert filed by the Creditor,
Southern Financial Group, LLC, and confirmation of the Debtor's
Chapter 11 Plan be, and are scheduled for an evidentiary hearing on
July 14, 2020 at 1:30 p.m. (Eastern Time) in Courtroom #3, Fifth
Floor, Gene Snyder U.S. Courthouse, 601 West Broadway, Louisville,
Kentucky.

                   About Hy-Point Family LP

Hy-Point Family Limited Partnership filed a Chapter 11 bankruptcy
petition (Bankr. W.D. Ky. Case No. 20-30489) on Feb. 12, 2020.

Proposed counsel to the Debtor:

         James R. Irving
         Gina M. Young
         DENTONS BINGHAM GREENEBAUM LLP
         3500 PNC Tower
         101 South Fifth Street
         Louisville, Kentucky 40202
         Telephone: (502) 587-3606
         Facsimile: (502) 540-2215
         E-mail: james.irving@dentons.com
                 gina.young@dentons.com


IMAGEWARE SYSTEMS: Shareholders Approve Charter Amendment
---------------------------------------------------------
Shareholders of ImageWare Systems, Inc. approved via written
consent, an amendment to the Company's Certificate of
Incorporation, as amended, to increase the number of shares of the
Company's Common Stock and the number of shares of the Company's
Preferred Stock, authorized thereunder from an aggregate total of
179 million to 350 million, consisting of 345 million shares of
Common Stock and 5.0 million shares of Preferred Stock.  The
Company's stockholders voted in favor of the adoption of the 2020
Omnibus Stock Incentive Plan included in the Company's Consent
Solicitation Statement.

                      About ImageWare Systems

Headquartered in San Diego, CA, ImageWare Systems, Inc. --
http://www.iwsinc.com/-- is a developer of mobile and cloud-based
identity management solutions, providing two-factor, biometric and
multi-factor cloud-based authentication solutions for the
enterprise.  The company delivers next-generation biometrics as an
interactive and scalable cloud-based solution.  ImageWare brings
together cloud and mobile technology to offer two-factor,
biometric, and multi-factor authentication for smartphone users,
for the enterprise, and across industries.

ImageWare recorded a net loss available to common shareholders of
$17.25 million for the year ended Dec. 31, 2019, compared to a net
loss available to common shareholders of $16.46 million for the
year ended Dec. 31, 2018.  As of Dec. 31, 2019, the Company had
$8.41 million in total assets, $8.29 million in total liabilities,
$8.88 million in series C convertible redeemable preferred stock,
and a total shareholders' deficit of $8.76 million.

Mayer Hoffman McCann P.C., in San Diego, California, the Company's
auditor since 2011, issued a "going concern" qualification in its
report dated May 15, 2020 citing that the Company does not generate
sufficient cash flows from operations to maintain operations and,
therefore, is dependent on additional financing to fund operations.
These conditions raise substantial doubt about the Company's
ability to continue as a going concern.


INSPIREMD INC: Lind Global, et al. Report 9.9% Equity Stake
-----------------------------------------------------------
Lind Global Macro Fund LP, Lind Global Partners LLC, and Jeff
Easton disclosed in a Schedule 13G filed with the Securities and
Exchange Commission that as of June 3, 2020, they beneficially own
3,943,189 shares of common stock of InspireMD, Inc., which
represents 9.9 percent of the shares outstanding.  Jeff Easton, the
managing member of Lind Global Partners LLC, may be deemed to have
sole voting and dispositive power with respect to the shares held
by Lind Global Macro Fund, LP.  A full-text copy of the regulatory
filing is available for free at:

                      https://is.gd/rpCl7V

                      About InspireMD Inc.

Headquartered in Tel Aviv, Israel, InspireMD --
http://www.inspiremd.com-- is a medical device company focusing on
the development and commercialization of its proprietary MicroNet
stent platform technology for the treatment of complex vascular and
coronary disease.  A stent is an expandable "scaffold-like" device,
usually constructed of a metallic material, that is inserted into
an artery to expand the inside passage and improve blood flow.  Its
MicroNet, a micron mesh sleeve, is wrapped over a stent to provide
embolic protection in stenting procedures.

InspireMD recorded a net loss of $10.04 million for the year ended
Dec. 31, 2019, compared to a net loss of $7.24 million for the year
ended Dec. 31, 2018.  As of March 31, 2020, the Company had $7.38
million in total assets, $3.91 million in total liabilities, and
$3.48 million in total equity.

Kesselman & Kesselman, in Tel-Aviv, Israel, the Company's auditor
since 2010, issued a "going concern" qualification in its report
dated March 9, 2020, citing that the Company has suffered recurring
losses from operations and cash outflows from operating activities
that raise substantial doubt about its ability to continue as a
going concern.


INSPIREMD INC: Prices $10 Million Underwritten Public Offering
--------------------------------------------------------------
InspireMD, Inc., announced the pricing of an underwritten public
offering of 22,222,200 units at a price to the public of $0.45 per
unit.  InspireMD expects to receive aggregate gross proceeds of
approximately $10.0 million from the offering, assuming no exercise
of the underwriter's option to purchase additional securities.
Each unit contains one share of common stock (or common stock
equivalent) and one Series F warrant to purchase one share of
common stock at an exercise price of $0.495 per share. The common
stock (or common stock equivalents) and the accompanying Series F
warrants included in the units can only be purchased together in
this offering, but will be issued separately and will be
immediately separable upon issuance.

In connection with the offering, InspireMD has granted the
underwriter a 45-day option to purchase up to an additional
3,333,330 units, consisting of shares of common stock and/or Series
F warrants, for additional gross proceeds of up to $1.5 million.
The offering is expected to close on or about June 5, 2020, subject
to customary closing conditions.

A.G.P./Alliance Global Partners is acting as the sole book-running
manager for the offering.

InspireMD intends to use the net proceeds of this offering for
research and development, sales and marketing, working capital and
other general corporate purposes.

A registration statement on Form S-1 (File No. 333-238247) relating
to the public offering of the securities described above was filed
with the Securities and Exchange Commission and was declared
effective on June 2, 2020.  The offering is being made only by
means of a prospectus forming part of the effective registration
statement.  A preliminary prospectus relating to and describing the
terms of the offering has been filed with the SEC and is available
on the SEC's website at www.sec.gov. Electronic copies of the
preliminary prospectus and, when available, electronic copies of
the final prospectus may be obtained from A.G.P./Alliance Global
Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, by
calling (212) 624-2060 or emailing investmentbanking@allianceg.com,
or at the SEC's website at http://www.sec.gov.

                        About InspireMD Inc.

Headquartered in Tel Aviv, Israel, InspireMD --
http://www.inspiremd.com/-- is a medical device company focusing
on the development and commercialization of its proprietary
MicroNet stent platform technology for the treatment of complex
vascular and coronary disease.  A stent is an expandable
"scaffold-like" device, usually constructed of a metallic material,
that is inserted into an artery to expand the inside passage and
improve blood flow.  Its MicroNet, a micron mesh sleeve, is wrapped
over a stent to provide embolic protection in stenting procedures.

InspireMD recorded a net loss of $10.04 million for the year ended
Dec. 31, 2019, compared to a net loss of $7.24 million for the year
ended Dec. 31, 2018.  As of March 31, 2020, the Company had $7.38
million in total assets, $3.91 million in total liabilities, and
$3.48 million in total equity.

Kesselman & Kesselman, in Tel-Aviv, Israel, the Company's auditor
since 2010, issued a "going concern" qualification in its report
dated March 9, 2020, citing that the Company has suffered recurring
losses from operations and cash outflows from operating activities
that raise substantial doubt about its ability to continue as a
going concern.


J. CREW: Obtains Court Permission to Defer Lease Payments
---------------------------------------------------------
Sindhu Sundar, writing for WWD, reports that J. Crew obtains
additional time to pay their rent as a bankruptcy court allows its
request to defer in paying its rent until July 6, 2020, even if
states lifted lockdown orders.

At a remote hearing on May 26, 2020, a Virginia bankruptcy court
approved the retailer's request to defer paying rent through July
6,2020 roughly 60 days from when it filed for Chapter 11 protection
earlier this month.

U.S. Bankruptcy Judge Keith Phillips said even though states around
the country are relaxing shelter in place rules, and allowing
nonessential retailers to open for business, J. Crew has made its
case that it is still facing significant challenges that justify
allowing it an extension on rent payments.

J. Crew has opened only seven of its stores so far, though it plans
to open 137 stores on May 29 and another 330 stores or so in June
2020, according to its court filings on Monday. The retailer has
about 500 leases in the U.S., and its monthly lease obligations are
roughly $20 million, according to the retailer.

"Unprecedented liquidity and operational challenges attributable to
the global pandemic have led to the closure of essentially all
retail store locations, with the resulting loss of revenue,"
Phillips said at the hearing.

"The debtor's timing of its bankruptcy filing doesn't lessen the
impact of the pandemic," he said.

The landlords, including a group comprising Brookfield Property
REIT Inc. and others, had argued that J. Crew shouldn't be allowed
to delay paying rent if it's legally allowed to reopen stores.  

                      About J.Crew Group

J.Crew Group, Inc. is an internationally recognized omni-channel
retailer of women's, men's and children's apparel, shoes and
accessories. As of May 4, 2020, the Company operates 181 J.Crew
retail stores, 140 Madewell stores, jcrew.com, jcrewfactory.com,
madewell.com and 170 factory stores.

J.Crew Group, Inc., and 17 related entities, including its parent,
Chinos Holdings, Inc., sought Chapter 11 protection on May 4, 2020
after reaching agreement with lenders on a deal that will convert
approximately $1.65 billion of the Company's debt into equity.  The
lead case is In re Chinos Holdings, Inc. (Bankr. E.D. Va. Lead Case
No. 20-32181).

J.Crew was estimated to have at least $1 billion in assets and
liabilities as of the bankruptcy filing.

Weil, Gotshal & Manges LLP is serving as legal counsel, Lazard is
serving as investment banker and AlixPartners, LLP is serving as
restructuring advisor to J.Crew Group, Inc.  Anchorage Capital
Group and other members of an ad hoc committee are represented by
Milbank LLP as legal counsel and PJT Partners LP as investment
banker.  Omni Agent Solutions is the claims agent.



J.C. PENNEY: Milbank, Porter Represent First Lien Group
-------------------------------------------------------
In the Chapter 11 cases of J.C. Penney Company, Inc., et al., the
law firms of Milbank LLP and Porter Hedges LLP submitted a verified
statement report under Rule 2019 of the Federal Rules of Bankruptcy
Procedure, to disclose that they are representing the Ad Hoc Group
of First Lienholders.

The Ad Hoc Group of First Lienholders of (i) certain lenders under
that certain Amended and Restated Credit and Guaranty Agreement,
dated as of June 23, 2016, by and among, inter alios, J. C. Penney
Corporation, Inc., as borrower, and the Term Loan Lenders and (ii)
certain holders of 5.875% senior secured notes due July 2023 issued
by J. C. Penney Corp. on June 23, 2016.

In May 2020, the Ad Hoc Group of First Lienholders retained Milbank
as counsel, and Porter Hedges to act as Texas counsel, with respect
to the Prepetition First Lien Interests. From time to time
thereafter, certain holders of Prepetition First Lien Interests
have joined the Ad Hoc Group of First Lienholders.

Counsel represents the Ad Hoc Group of First Lienholders and does
not represent or purport to represent any entities other than the
Ad Hoc Group of First Lienholders in connection with the Debtors'
cases. In addition, neither the Ad Hoc Group of First Lienholders
nor any member of the Ad Hoc Group of First Lienholders represents
or purports to represent any other entities in connection with
these cases.

As of May 15, 2020, members of the Ad Hoc Group of First
Lienholders and their disclosable economic interests are:

Apollo Capital Management, L.P.
9 West 57th
Street, 43rd
Floor, New
York, NY 10019

* Term Loan: $5,734,811.94

Ares CLO Management LLC
2000 Avenue of the Stars, 12th Floor
Los Angeles, CA 90067

* Term Loan: $38,295,643.86

Brigade Capital Management, LP
399 Park Avenue, 16th Floor
New York, NY 10022

* Term Loan: $88,198,267.54
* First Lien Notes: $15,400,000.00
* Second Lien Notes: $50,000.00
* Unsecured Bonds: $104,608,000.00
* Other: $21,150,000.00 net credit default swap position

H/2 Capital Partners LLC
680 Washington Blvd., 7th Floor
Stamford, CT 06901

* Term Loan: $639,625,720.00
* First Lien Notes: $11,988,000.00

KKR Credit Advisors (US) LLC
555 California Street, 51st Floor
San Francisco, CA 94104

* Term Loan: $75,086,679.88
* Second Lien Notes: $4,250,000.00

Owl Creek Asset Management, L.P.
640 Fifth Ave
Floor 20
New York, NY 10019

* Term Loan: $98,798,170.00
* First Lien Notes: $57,175,000.00
* Other: $29,800,000.00 net credit default swap position

Sculptor Capital LP
9 West 57th Street, 39th Floor
New York, NY 10019

* Term Loan: $66,261,056.68
* First Lien Notes: $22,000,000.00
* Second Lien Notes: $31,371,000.00
* Other: $109,700,000.00 net credit default swap position

Silver Point Capital, L.P.
2 Greenwich Plaza, 1st Floor
Greenwich, CT 06830

* Term Loan: $125,364,556.16
* First Lien Notes: $91,140,000.00

Sixth Street Partners, LLC
345 California Street
San Francisco, CA 94104

* Term Loan: $93,107,711.28
* First Lien Notes: $65,800,000.00

Whitebox Advisors LLC
3033 Excelsior Blvd, Ste 500
Minneapolis, MN 55416

* Term Loan: $2,732,320.20
* First Lien Notes: $53,490,000.00
* Second Lien Notes: $11,600,000.00
* Other: $10,600,000.00 net credit default swap position

Counsel reserves the right to amend this Verified Statement as may
be necessary in accordance with the requirements set forth in
Bankruptcy Rule 2019.

Co-Counsel to the Ad Hoc Group of First Lienholders can be reached
at:

          PORTER HEDGES LLP
          John F. Higgins, Esq.
          M. Shane Johnson, Esq.
          1000 Main St., 36th Floor
          Houston, TX 77002
          Telephone: (713) 226-6000
          Facsimile: (713) 228-1331
          Email: jhiggins@porterhedges.com
                 sjohnson@porterhedges.com

          MILBANK LLP
          Dennis F. Dunne, Esq.
          55 Hudson Yards
          New York, NY 10001-2163
          Telephone: (212) 530-5000
          Facsimile: (212) 530-5219
          Email: DDunne@milbank.com

             - and -

          Andrew M. Leblanc, Esq.
          Aaron L. Renenger, Esq.
          1850 K Street NW, Suite 1100
          Washington, DC 20006
          Telephone: (202) 835-7500
          Facsimile: (202) 263-7586
          Email: ALeblanc@milbank.com
                 AReneneger@milbank.com

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

                        About J.C. Penney

J.C. Penney Corporation, Inc., is an American retail company,
founded in 1902 by James Cash Penney and today engaged in marketing
apparel, home furnishings, jewelry, cosmetics, and cookware.  The
company was called J.C. Penney Stores Company from 1913 to 1924,
when it was reincorporated as J.C. Penney Co.

On May 15, 2020, JCPenney announced that it has entered into a
restructuring support agreement with lenders holding 70% of
JCPenney's first lien debt.  The RSA contemplates agreed-upon terms
for a pre-arranged financial restructuring plan that is expected to
reduce several billion dollars of indebtedness.  To implement the
Plan, the Company and its affiliates on May 15, 2020, filed
voluntary petitions for reorganization under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 20-20182).

Kirkland & Ellis LLP is serving as legal advisor, Lazard is serving
as financial advisor, and AlixPartners LLP is serving as
restructuring advisor to the Company.  Prime Clerk is the claims
agent, maintaining the page http://cases.primeclerk.com/JCPenney


J.C. PENNEY: Needs to Hasten Chapter 11, Says Lawyer
----------------------------------------------------
J.C. Penney Co. Inc needs to exit bankruptcy proceedings in just a
matter of months to survive the unprecedented financial strain of
prolonged store closures due to the COVID-19 pandemic, a lawyer for
the iconic U.S. department store chain said during a court
hearing.

"This company needs to move incredibly quickly through this
restructuring. If we don't, the results could be disastrous," said
Joshua Sussberg, a Kirkland & Ellis LLP lawyer representing the
retailer. He unveiled a timeline that foresees the company agreeing
to a business plan with lenders by July 15 or else putting itself
up for sale.

J.C. Penney, which filed for bankruptcy on Friday, has started
reopening some of its more than 800 stores in stages, but concerns
remain that customers might be slow to return amid health concerns
and job losses not seen since the Great Depression. It plans to
close many stores permanently in the weeks ahead.

Even during less-fraught times, many retailers, including Barneys
New York Inc and Toys 'R' Us, have failed to reorganize under
bankruptcy protection and gone out of business for good.

The concern for J.C. Penney's precarious position was echoed by
U.S. Bankruptcy Judge David Jones, who approved the company’s
requests to continue paying workers and vendors delivering
merchandise to stores during a hearing following the retailer's
bankruptcy filing in a federal court in Corpus Christi, Texas.

"You said it's fast, but fair. I want you to know that at least my
looking at it says it's not fast enough," Jones said of J.C.
Penney's plan, encouraging the company to beat its own deadlines.

"I am very worried about this. It's why I'm having a hearing on a
Saturday," the judge said later. He also approved the company using
$500 million of its cash on hand.

The judge and a parade of lawyers conducted J.C. Penney's Saturday
hearing remotely in proceedings that were live-streamed through
video-conference technology as courthouses avoid in-person
gatherings.

J.C. Penney, which employs roughly 85,000 people, envisions handing
control to lenders and reducing a significant portion of its nearly
$5 billion of debt after reorganizing into two companies. One would
be a company operating its business while the other would be a real
estate investment trust holding some of the company's property,
plans previously reported by Reuters.

The Plano, Texas-based company reached agreement before its Chapter
11 filing for $450 million of fresh financing from existing
lenders. Another $450 million of current debt is to be "rolled up"
and given the same legal status as that funding.
J.C. Penney's negotiations are set to continue with investment
firms holding its senior debt, which include H/2 Capital Partners
LLC, Sixth Street Partners, Ares Management Corp, KKR & Co and
Apollo Global Management Inc , among others, Sussberg said.

Sussberg said the company hopes to persuade lenders to support its
reorganization, which will require significant funding. "A lot of
that's dependent on performance and unknowns," he said.

Should the company and its lenders fail to agree on a standalone
reorganization, J.C. Penney will pursue a sale. It is already in
talks with possible buyers, Sussberg said.

The company had hoped to give new Chief Executive Jill Soltau, who
arrived in late 2018, more time to forge a turnaround by
negotiating with creditors for some financial breathing room but
those talks did not bear fruit.

J.C. Penney was struggling before the pandemic with declining sales
and profits amid a consumer shift to online shopping, but Sussberg
insisted the company had a turnaround plan in place.

Critics pointing to other reasons for the company's bankruptcy
filing are "dead wrong," he said. "This is absolutely about the
coronavirus."

Jones said the company's 85,000 employees were counting on lawyers
at the hearing. "Retail cases have to move, and they have to move
quickly," the judge said. "I want to keep everybody's eyes focused
on saving the business. This is middle America, at least in my
view."

                       About J.C. Penney

J.C. Penney Corporation, Inc., is an American retail company,
founded in 1902 by James Cash Penney and today engaged in marketing
apparel, home furnishings, jewelry, cosmetics, and cookware.  The
company was called J.C. Penney Stores Company from 1913 to 1924,
when it was reincorporated as J.C. Penney Co.

On May 15, 2020, JCPenney announced that it has entered into a
restructuring support agreement with lenders holding 70% of
JCPenney's first lien debt.  The RSA contemplates agreed-upon terms
for a pre-arranged financial restructuring plan that is expected to
reduce several billion dollars of indebtedness.  To implement the
Plan, the Company and its affiliates on May 15, 2020, filed
voluntary petitions for reorganization under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 20-20182).

Kirkland & Ellis LLP is serving as legal advisor, Lazard is
serving
as financial advisor, and AlixPartners LLP is serving as
restructuring advisor to the Company.  Prime Clerk is the claims
agent, maintaining the page http://cases.primeclerk.com/JCPenney  


JAN THOMAS: Online Sale of Dewey Beach Property Approved
--------------------------------------------------------
Judge Cynthia C. Jackson of the U.S. Bankruptcy Court for the
Middle District of Florida authorized Jan Thomas' auction sale of
the real property located at 202 Jersey Street, Dewey Beach,
Delaware, free and clear of liens.

The Property to be placed in email auction via lender and/or
Subchapter V Trustee with the following conditions:

     1. Minimum Starting bid of $530,000;

     2. The Auction to begin at 2:00 p.m. (ET) June 5, 2020 and end
at 4:00 p.n. (ET).  The Auction will be conducted by email with
copies of any bid to be provided to Aaron Cohen, Subchapter 5
Trustee at acohen60@bellsouth.net; April Stone at
astone@tromberglawgroup.com.  The Trustee will notify all bidders
and parties participating in the auction of each emailed bid over
the starting bid.  Each successive bid must be in increments of
$5,000 over the previous bid to qualify as a qualified bid to be
considered.  All bids must be received by the Chapter 11 Trustee by
4:00 p.m. (ET) unless all parties agree to extend the auction time
period.  Any bid received after that time will not be considered
timely and will not be qualified.  The Trustee will notify all
parties of the winning bid amount and bidder upon completion of the
auction;

     3. Closing to occur within two weeks of end of auction;

     4. No contingencies will be allowed in the auction process.
Sale is for cash price only and does not include any personal
property of the Debtor currently in the real property and/or short
term leases that may exist for use of the real property.  The
Debtor intends to reject any executory leases related to the real
property pending at the time of the sale in any Plan of
Reorganization to be proposed;

     5. The Sale is by the Debtor and she will be responsible for
execution of any necessary closing documents and/or tax
consequences of the sale.  Specifically, the Chapter 11
estate/Trustee assumes no responsibility for warranty of title, tax
consequences or other defects with the real property whether known
or unknown;

     6. The lender will not be entitled to credit bid the property
and has agreed to accept any offer at or above the minimum starting
bid above for complete satisfaction of any lender liens against the
real property;

     7. The lender will not be entitled to an unsecured claim in
the Chapter 11 case as a result of any deficiency from the sale of
the real property if the final sale price is not enough to satisfy
the existing lien amount owed to the lender as of the auction date;


     8. The lender has agreed to a "carve out" of 4% of the gross
sales price to be provided to the Chapter 11 Subchapter V Trustee
upon closing in order to cover the anticipated administrative
expense claims of the Trustee upon confirmation of the Debtor's
Chapter 11 Plan.  Any excess funds over the amount of Trustee
administrative claims will be paid to any allowed unsecured claims
and then to the Debtor if all unsecured claims are paid in full;

     9. Should the successful bidder fail to close within the
two-week period, then the Debtor will have a seven-day period to
contact any second place bidder and to close the sale of the
property.  Lender agrees to accept the second place bid amount in
such an instance as long as the bid is over the minimum bid amount
above.  The second place bidder will be bound to the final bid that
such proposed buyer submitted to the Chapter 11 Trustee and will
not lower that amount.  In the event of no closing of the real
property within the above seven-day time period, then the automatic
stay will be lifted on such real property and the lender may
pursue any applicable in rem remedies.

The Debtor is not authorized to compensate insiders or affiliates
out of the proceeds of the sale.

Jan Thomas sought Chapter 11 protection (Bankr. M.D. Fla. Case No.
20-00136) on Jan. 16, 2020.  The Debtor tapped Undine George, Esq.,
as counsel.


JRV GROUP: RC Trust to Serve as Trustee in Liquidating Plan
-----------------------------------------------------------
JRV Group USA L.P. and its Official Committee of Unsecured
Creditors of the Debtor, filed a plan supplement for their Amended
Combined Disclosure Statement and Joint Chapter 11 Plan of
Liquidation for the Debtor's estate.

The Plan Supplement includes the following documents, as may be
modified, amended, or supplemented from time to time:

Exhibit A – Trust Agreement
Exhibit B – Members of the Liquidation Trust Oversight Board
Exhibit C – Executory Contracts and Unexpired Leases to be
Assumed  
Exhibit D – EHG SE Parties Disclosure  
Exhibit E – Debtor Employees Proposed to be Released Parties
Disclosure

According to the proposed Liquidating Trust Agreement, [RC Trust
Co., LLC], will be serving as trustee under the Liquidating Plan.

According to Exhibit B, members of the Liquidation Trust Oversight
Board are:

   * Michael Andretta (Beaver Motors)
   * Chuck Markley (Laser Tech)
   * Corner Flag LLC

The Plan Confirmation Hearing is currently scheduled for June 11,
2020 at 2:00 p.m. (prevailing Eastern Time) before the Honorable
Christopher S. Sontchi, Chief United States Bankruptcy Judge, in
the Bankruptcy Court, located at 824 N. Market Street, Wilmington,
Delaware 19801.

Attorneys for the Debtor:

     Jeffrey W. Dulberg
     Robert M. Saunders
     Colin R. Robinson
     PACHULSKI STANG ZIEHL & JONES LLP  
     919 N. Market Street, 17th Floor  
     P O Box 8705 Wilmington, DE 19899
     Telephone: (302) 652-4100  
     Facsimile: (302) 652-4400  
     E-mail: jdulberg@pszjlaw.com  
     E-mail: rsaunders@pszjlaw.com  
     E-mail: crobinson@pszjlaw.com  

Counsel to the Official Committee of Unsecured Creditors:

     Matthew P. Ward
     Ericka F. Johnson
     WOMBLE BOND DICKINSON (US) LLP
     1313 N. Market Street, Suite 1200
     Wilmington, Delaware 19801
     Telephone: (302) 252-4320
     Facsimile: (302) 252-4330
     E-mail: matthew.ward@wbd-us.com
     E-mail: ericka.johnson@wbd-us.com

                    About JRV Group USA L.P.

JRV Group USA L.P. -- https://www.erwinhymergroup.com/ -- is based
at 1945 Burgundy Place, Ontario, Calif.  It was established on Jan.
30, 2015, to carry out the United States business of Erwin Hymer
Group, a Germany-based recreational vehicle company.  However, in
2016, all business activities of JRV Group were stopped, and it
became a shelf company while EHG Global built out its Canadian
operations through EHG NA.  

JRV Group resumed operating activities in November 2017 and
continued to be owned indirectly by HG Global until Jan. 31, 2019,
comprising a portion of its North American operations.  Between
November 2017 and March 2018, JRV Group acquired various assets in
four asset acquisition transactions.  Beginning in March 2018, JRV
Group operated as a second-tier original equipment manufacturer and
alterer of Jeep Wranglers made by FCA US LLC, an affiliate of Fiat
Chrysler Automobiles N.V.  Its business typically focused on adding
features to the vehicles, such as a tent for camping, that would
make them more desirable for recreational vehicle dealers to sell
to end users and consumers.

JRV Group sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Del. Case No. 19-11095) on May 13, 2019.  At the time of
the filing, the Debtor had estimated assets of between $1 million
and $10 million and liabilities of between $10 million and $50
million.  

The Debtor tapped Pachulski Stang Ziehl & Jones LLP as legal
counsel; Barnes & Thornburg LLP special counsel; Sherwood Partners
Inc. as restructuring advisor; and BMC Group, Inc. as claims and
noticing agent.

On June 4, 2019, the Office of the United States Trustee appointed
the Creditors' Committee.  The Committee filed an application to
employ and retain the law firm of Womble Bond Dickinson (US) LLP as
counsel; and Rock Creek Advisors, LLC, as its financial advisor.


JUAN L. LARINO: Proposes a Sale of Six Newark Properties
--------------------------------------------------------
Juan Luis Larino asks the U.S. Bankruptcy Court for the District of
New Jersey to authorize the sale of (A) the following real
properties he jointly owns with Neil Gelardo: (i) 41-43
Manufacturer's Place, Newark, New Jersey to Juan Acosta for
$510,000; and (ii) 160-178 Jelliff Avenue, Newark, New Jersey to
Juan Acosta for $406,000; (B) the following real properties he owns
located at (i) 770 Summer Avenue, Newark, New Jersey to Angel
Rojas-Leon and Teresa Martinez for $300,000; (ii) 772 Summer
Avenue, Newark, New Jersey to Cesar Martinez and Angelica
Rivas-Guevara for $300,000; and (iii) 789-791 Summer Avenue,
Newark, New Jersey to Eli Vorhand for $550,000; and (C) Larino
Properties, Inc.'s real property located at 687 Summer Avenue,
Newark, New Jersey to Eli Vorhand for $550,000.

Prior to the Petition Date, The Debtor and the co-owner were
attempting to sell all of the Properties.  However, the Internal
Revenue Service filed liens in the amount of $935,626 against the
Debtor, the co-owner, and Properties.  Thus, the Debtor filed for
bankruptcy with the intention of selling the Properties and using
the funds to cure the tax arrears owed to the IRS.

The Properties are described as follows:

     i. 41-43 Manufacturer's Place, Newark, New Jersey: The current
owners are Juan Larino and Neil Gelardo.  The 7,300 sq. ft.
property It is a mixed used property with 2 residential apartments
(3 bedrooms and 2 baths each), a warehouse, and an office space
with garage for 3 vehicles.  The contract price for the sale of the
property is $510,000.  The property is currently occupied by
tenants.  

     ii. 160-178 Jelliff Avenue, Newark, New Jersey: The current
owners are Juan Larino and Neil Gelardo.  The 2,762 sq. ft.
property is a mixed used property and industrial lot with a
warehouse located on the first floor and a single residential
apartment on the second floor.  The contract price for the sale of
the property is $406,000.  The property is currently vacant.

     iii. 770 Summer Avenue, Newark, New Jersey: The sole owner of
the property is the Debtor, Juan Larino.  The 3,001 sq. ft.
property is a multi-family home in the Branch Brook Park area of
Newark, NJ.  The contract price for the sale of the property is
$300,000.  The property is currently occupied by tenants.

     iv. 772 Summer Avenue, Newark, New Jersey: The sole owner of
the property is the Debtor, Juan Larino.  The sole owner of the
property is the Debtor Juan Larino.  The 2,548 sq. ft. property is
a multi-family home in the Branch Brook Park area of Newark, NJ.
The contract price for the sale of the property is $300,000.  The
property is currently occupied by tenants.

      v. 789-791 Summer Avenue, Newark, New Jersey: The sole owner
of the property is the Debtor Juan Larino.  The property is a
multi-family home with six residential units (2 bedrooms and one
bath each).  The contract price for the sale of the property is
$550,000.  The property is currently occupied by tenants.

      vi.  687 Summer Avenue, Newark, New Jersey: The property is
owned by one of the Debtor's company, Larino Properties, Inc.  The
property is a three story/six unit residential building (five units
are currently occupied) located in the North Broadway section of
Newark. The contract price for the sale of the property is
$550,000.  The proposed purchaser is Eli Vorhand.  

Subject to Court authorization, the Debtor has entered into five
separate contracts for the to sell the Properties.  In addition,
the Debtor (as officer of Larino Properties, Inc.) has also entered
into a contract for the sale of real estate with regard to the
property owned by Larino Properties, Inc. located at 687 Summer
Avenue, Newark, New Jersey.  The Debtor asks authorization to sell
the 687 Summer Ave Property on behalf of the Larino Properties,
Inc.

The Liens that may encumber the Properties include:

     1. 41-41 Manufacturers Property - (i) any and all unpaid
property taxes; (ii) any and all unpaid municipal charges for water
and/or sewer; (iii) Mortgage lien held by ConnectOne Bank in the
amount of $331,305 (Proof of Claim No. 2); (iv) Federal tax lien in
favor of the Internal Revenue Service in the amount of $935,626
(Proof of Claim No. 1); (v) judgment lien in favor of the State of
New Jersey Worker's Compensation Dept. in the amount of $155,160
(DJ-091451-2018); (vi) UCC-1 Financing Statements Filed by
ConnectOne Bank Instrument No. 13066433; Instrument No. 13066436;
and Instrument No. 26392820; and (vii) the joint ownership rights
of Neil Gelardo 2. 160-178 Jelliff Property.
     
     2. 160-178 Jelliff Property - (i) any and all unpaid property
taxes; (ii) any and all unpaid municipal charges for water and/or
sewer; (iii) First Mortgage lien held by Galaxy General Contacting
Corp. in the amount of $165,000; (iv) Second Mortgage lien held by
Selective Insurance Company of America in the amount of $650,000;
(v) Federal tax lien in favor of the Internal Revenue Service in
the amount of $935,626 (Proof of Claim No. 1); (vi) Judgment lien
in favor of the State of New Jersey Worker's Compensation Dept. in
the amount of $155,160 (DJ-091451-2018); and (vii) the joint
ownership rights of Neil Gelardo.

     3. 770 Summer Property - (i) any and all unpaid property
taxes; (ii) any and all unpaid municipal charges for water and/or
sewer;  (iii) First Mortgage lien held by ConnectOne in the amount
of $206,963 (Proof of Claim No. 3); (iv) Second Mortgage lien held
by Selective Insurance Company of America in the amount of
$650,000; (v) Federal tax lien in favor of the Internal Revenue
Service (“IRS”) in the amount of $935,626 (Proof of Claim No.
1); (vi) Judgment lien in favor of the State of New Jersey Worker's
Compensation Dept. in the amount of $155,160 (DJ-091451-2018); and
(vii) UCC-1 Financing Statements Filed by ConnectOne Bank
Instrument No. 13058469 and Instrument No. 26392943.

     4. 772 Summer Property - (i) Any and all unpaid property
taxes; (ii) Any and all unpaid municipal charges for water and/or
sewer; (iii) First Mortgage lien held by Sterling National Bank,
N.A. in the amount of $513,611 (Proof of Claim No. 6); (iv) Second
Mortgage lien held by Selective Insurance Company of America in the
amount of $650,000; (v) Federal tax lien in favor of the Internal
Revenue Service in the amount of $935,625.86 (Proof of Claim No.
1); and (vi) Judgment lien in favor of the State of New Jersey
Worker' Compensation Dept. in the amount of $155,160
(DJ-091451-2018).

     5. 789-791 Summer Property - (i) Any and all unpaid property
taxes; (ii) Any and all unpaid municipal charges for water and/or
sewer; (iii) First Mortgage lien held by Wachovia Bank, N.A.
recorded on Jan. 14, 2004; (iv) Second Mortgage lien held by
Sterling National Bank, N.A. in the amount of $513,611 (Proof of
Claim No. 6); (v) Third Mortgage lien held by Selective Insurance
Co. of America in the secured amount of $650,000; (vi) Federal tax
lien in favor of the Internal Revenue Service in the amount of
$935,626 (Proof of Claim no. 1);  (vii) Judgment lien in favor of
the State of New Jersey Worker's Compensation Dept. in the amount
of $155,160 (DJ-091451-2018).

      6. 687 Summer Property - (i) any and all unpaid property
taxes; (ii) any and all unpaid municipal charges for water and/or
sewer; and (iii) a first mortgage lien held by Sterling National
Bank in the amount of $513,611 (Proof of Claim No. 6); and a second
mortgage lien held by Selective Insurance Company of America
recoded on Jan. 23, 2015.  

The pertinent terms of the Purchase Agreements are as follows:

      a. 41-41 Manufacturers Property - (i) Purchase Price -
$510,000;(ii) Deposit - $50,000; (iii) Balance due at closing -
$460,000; (iv) Purchaser - Juan Acosta; (v) Physical Condition of
Property - The property is being sold "as is" - the Seller agrees
to maintain the grounds, buildings, and improvements subject to
ordinary wear and tear until closing; (vi) The Seller agrees to
transfer and the purchaser agrees to accept ownership of the
property free of all claims and rights of others.

      b. 160-178 Jelliff Property - (i) Purchase Price - $406,000;
(ii) Deposit - $40,000; (iii) Balance due at closing - $366,000;
(iv) Purchaser - Juan Acosta; (v) Physical Condition of Property -
The property is being sold "as is" - the Seller agrees to maintain
the grounds, buildings, and improvements subject to ordinary; and
(vi) The Seller agrees to transfer and the Buyer agrees to accept
ownership of the property free of all claims and rights of other.

      c. 770 Summer Property - (i) Purchase Price - $300,000; (ii)
Deposit - $5,000; (iii) Mortgage Contingency - $240,000; (iv)
Balance due at closing - $55,000; (v) Purchaser - Angel Rojas-Leon
& Teresa Martinez; (vi) Physical Condition of Property - The
property is being sold " as is" - the seller agrees to maintain the
grounds, buildings, and improvements subject to ordinary
wear and tear until closing; (vii) Mortgage Contingency - FHA or
conventional mortgage in the amount of $240,000 at the prevailing
interest rate for a term of 30 years; and (viii) Personal Property
and Fixtures - The following items are included in the sale: gas
and electric fixtures, wall-to-wall carpeting, linoleum, screens,
shades, awnings, storm windows and doors.  

       d. 772 Summer Property - (i) Purchase Price - $300,000; (ii)
Deposit - $1,000;(iii) Investment Made by Buyer by Constructing
House - $240,000; (iv) Balance due at closing - $59,000; (v)
Purchaser - Cesar Martinez-Cueva & Angela Rivas-Guevara; (vi)
Physical Condition of Property - The property is being sold "as is"
– the seller agrees to maintain the grounds, buildings, and
improvements subject to ordinary wear and tear until closing; (vii)
Personal Property and Fixtures - The following items are included
in the sale: gas and electric fixtures, wall-to-wall carpeting,
linoleum, screens, shades, awnings, storm windows and doors; and
(viii) Seller Representations - Seller represents that the
purchaser price will cover all costs of mortgages and liens
affecting the property and the Seller will convey clear and
marketable title at the time of closing.


       e. 789-791 Summer Property - (i) Purchase Price - $550,000;
(ii) Deposit - $25,000; iii) Mortgage Contingency - $412,500; (iv)
Balance due at closing - $112,500; (v) Purchaser - Eli Vorhand or
an LLC to be formed; (vi) Physical Condition of Property - The
property is being sold "as is" – the seller agrees to maintain
the grounds, buildings, and improvements subject to ordinary wear
and tear until closing; (vii) Personal Property and Fixtures - The
following items are included in the sale: all appliances owned by
the landlord. Items excluded from the sale: all items of tenant’s
personal property; (viii) Cancellation of contract - The Seller
will pay the buyer for all title and survey costs, amount not to
exceed $750; and (ix) Seller Representations - The Seller
represents that the purchaser price will cover all costs of
mortgages and liens affecting the property and the Seller will
convey clear and marketable title at the time of closing.  

       f. 687 Summer Property - (i) Purchase Price - $550,000; (ii)
Deposit - $25,000; (iii) Mortgage Contingency - $412,500; (iv)
Balance due at closing - $112,500; (v) Purchaser - Eli Vorhand or
an LLC to be formed; (vi) Physical Condition of Property - The
property is being sold "as is" – the seller agrees to maintain
the grounds, buildings, and improvements subject to ordinary wear
and tear until closing; (vii) Personal Property and Fixtures - The
following items are included in the sale: all appliances owned by
the landlord. Items excluded from the sale: all items of tenant’s
personal property; (viii) Cancellation of contract - The Seller
will pay the buyer for all title and survey costs, amount not to
exceed $750; and (ix) Seller Representations - The Seller
represents that the purchaser price will cover all costs of
mortgages and liens affecting the property and the Seller will
convey clear and marketable title at the time of closing.  

Adolfo Lopez, Esq., was retained for the purposes of representing
the Debtor in the Sale of the Properties.  For the efforts of the
Special Counsel and the Debtor, the senior secured creditors would
not have realized any sale proceeds until an eventual foreclosure
sale, and subordinate secured creditors may have not realized any
recovery.  Thus, the Court should allow the Realtor's fees to be
paid from the sale proceeds at closing and in accordance with
D.N.J. LBR 2016-1.  

The Debtor asserts that given the goal by the parties in the case
to sell the Properties and bring the case to conclusion in the
short term, there is cause to waive the stay and the Debtor
requests that upon approval of the sale, the 14-day period pursuant
to Rule 6004(h) be waived by the Court.

A copy of the Agreements is available at
https://tinyurl.com/ycmu7goh from PacerMonitor.com free of charge.

A hearing on the Motion is set for June 23, 2020 at 11:00 a.m.  

Juan Luis Larino sought Chapter 11 protection (Bankr. D. N.J. Case
No. 19-30898) on Nov. 4, 2019.  The Debtor tapped David L. Stevens,
Esq., at Scura, Wigfield,, Heyer & Stevens as counsel.



KENNETH JAY DELOUCHE: Stanley Buying Movables for $12K
------------------------------------------------------
Kenneth Jay DeLouche asks the U.S. Bankruptcy Court for the Western
District of Louisiana to authorize the sale of the following
movable properties he co-owned with his non-filing ex-wife, Laura
Allison DeLouche: (i) 20 head of Dexter cattle, (ii) catch pen
panels, (iii) Kawasaki Mule ATV, and (iv) Mahindra tractor,
SM#MBCN129, all implements, and utility trailer, to Justin Stanley
for $12,000.

Among the assets which constitute property of the estate are the
movables.  They are a community property.

The Buyer has offered to purchase the above list of movables for
$12,000.  The movables described are unencumbered and are not
needed to effectuate the chapter 11 reorganization.  The Debtor
asks authority to sell them and that the proceeds be used to pay
community debts owed by the debtor and his ex-wife.  He asks that
the proceeds be held in the DIP account until further orders of the
Court.

Counsel for Debtor:

        Gerald J. Casey, Esq.
        613 Alamo Street
        Lake Charles, LA 70601
        Telephone: (337) 474-5005

Kenneth Jay DeLouche filed a voluntary Chapter 13 bankruptcy on May
13, 2019.  The case was converted to a Chapter 11 (Bankr. W.D. La.
Case No. 19-20337) on Dec. 11, 2019.



KUEHNE + NAGEL: Says Pandemic Affects Demand, Plans to Cut Jobs
---------------------------------------------------------------
The Financial World reports that Swiss freight forwarder Kuehne +
Nagel International AG plans to dismiss over 20,000 jobs as
COVID-19 pandemic inflicts deep wound to the shipping industry.

In the face of an unfathomable decline in demand of activities
ranging from retails to services to industries, Swiss
Freight-forwarder Kuehne + Nagel International AG's would likely to
trim more than 20,000 jobs, where warehouse workers would bear the
heaviest brunt, since the pandemic hobble appeared to be inflicting
deeper wound in to the shipping industry, said controlling
stakeholder Klaus-Michael Kuehne said in an interview with a German
newspaper on May 23, 2020.

The German newspaper Die Welt quoted Kuehne as saying that Kuehne +
Nagel International AG, employing over 83,000 people across the
globe, would be downsizing its workforces by roughly 25 per cent in
high-value locations like the United States where the Labour
Department unlike some EU nations, does not have a system to put
full-time workers on to a short-time payroll to avert en masse
layoffs.

Besides, referring to the growing uncertainties whirling around the
pandemic outbreak, Klaus-Michael Kuehne, the controlling
stakeholder of the 130-year-old Swiss shipping Goliath alongside a
board member of Kuehne Holding AG, the owner of Kuehne + Nagel, had
also added told to the German Newspaper that the 2020 earnings and
revenues of the Swiss multinational logistic company would be
calamitous compared to a year earlier.

                    About Kuehne + Nagel

Kuehne + Nagel International AG is a global transport and logistics
company based in Schindellegi, Switzerland and was founded in 1890,
in Bremen, Germany, by August Kühne and Friedrich Nagel. It
provides sea freight and airfreight forwarding, contract logistics,
and overland businesses. In 2010, it became the leading global
freight forwarder, that accounts for nearly 15% of the world's air
and sea freight business by revenue, ahead of DHL Global
Forwarding, DB Schenker Logistics, and Panalpina.[5] As of 2017, it
has over 1,336 offices in 109 countries, with approximately 82,000
employees.



LATAM AIRLINES: Seeks Chapter 11 as Pandemic Ground Flights
-----------------------------------------------------------
Jeremy Hill and Eduardo Thomson of Reuters report that Chilean air
carrier Latam Airlines Group SA, the largest air carrier of Latin
America, seeks bankruptcy court protection in New York after
coronavirus pandemic ground flights across the region. The virus
shuts 95% of its services in the region.

The Chapter 11 petition enables the company Latam to keep operating
while it works out a plan to pay creditors and to turn around the
business. Latam, whose shareholders include Chile's Cueto family
and Delta Air Lines Inc., continues to operate on a reduced
schedule, and it has commitments for a bankruptcy loan of up to
$900 million, from shareholders Qatar Airways, the Amaro family,
and Cuetos.  Latam also possess cash on hand worth $1.3 billion,
according to a company statement.

Airlines the world over -- and those in Latin America in particular
-- have been hit hard by the coronavirus outbreak, which triggered
travel bans and made people reluctant to fly.  Avianca Holdings SA,
the largest air carrier in Colombia, filed for Chapter 11
bankruptcy earlier in May, burdened by the sharp drop in fliers and
its own onerous debt load.

Latam's affiliates in Brazil, Paraguay and Argentina are not part
of the bankruptcy case, which was filed in the Southern District of
New York.Still, the impact will be felt widely, with Santiago-based
Latam previously serving more than 70 million passengers a year on
more than 300 aircraft. It also carried more than $7 billion of
debt.

Recently, it has eliminated over 1,850 jobs in Chile, Colombia,
Ecuador and Peru from its global workforce of about 40,000 people,
after reducing 95% of its passenger operations. In some bankruptcy
scenarios, an airline can reject aircraft leases, and Latam has
more than 20 jetliners on order from Airbus SE and half a dozen
from Boeing Co.

"Exceptional circumstances have led to a collapse in global demand
and has not only brought aviation to a virtual standstill, but it
has also changed the industry for the foreseeable future," said
Chief Executive Officer Roberto Alvo in a statement.

The company listed assets of over $21 billion and total liabilities
of around $18 billion in its bankruptcy petition.

Latam hasn't had access to government bailout packages designed
help offset virus-related distress. Talks are underway with
governments in Chile, Brazil, Colombia and Peru about additional
financing and assistance, the airline said.

The task was made more urgent when U.S. President Donald Trump
ordered restriction non-U.S. citizens arriving from Brazil to slow
the spread of the coronavirus. Brazil accounts for about a third of
Latam's revenue.

                     About LATAM Airlines

LATAM Airlines Group S.A. -- http://www.latam.com/-- is a
pan-Latin American airline holding company involved in the
transportation of passengers and cargo and operates as one unified
business enterprise.  

LATAM Airlines Group S.A. is the largest passenger airline in South
America.  Before the onset of the COVID-19 pandemic, LATAM offered
passenger transport services to 145 different destinations in 26
countries, including domestic flights in Argentina, Brazil, Chile,
Colombia, Ecuador and Peru, and international services within Latin
America as well as to Europe, the United States, the Caribbean,
Oceania, Asia, and Africa.

LATAM Airlines Group S.A. and its 28 affiliates sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 20-11254) on May 25,
2020.  Affiliates in Chile, Peru, Colombia, Ecuador and the United
States are part of the Chapter 11 filing.

The Debtors disclosed $21,087,806,000 in total assets and
$17,958,629,000 in total liabilities as of Dec. 31, 2019.

The Hon. James L. Garrity, Jr., is the case judge.

The Debtors tapped CLEARY GOTTLIEB STEEN & HAMILTON LLP as general
bankruptcy counsel; and FTI CONSULTING as restructuring advisor.
The Debtors also engaged TOGUT, SEGAL & SEGAL LLP as conflicts
counsel, and CLARO & CIA IN CHILE as Chile counsel.  PRIME CLERK
LLC is the claims agent.


LONGVIEW POWER: Gets Court Approval for Its Lender Takeover Plan
----------------------------------------------------------------
Bloomberg Law reports that West Virginia-based power plant operator
Longview Power LLC has received approval from the court to
reorganize in bankruptcy through a debt-cutting transaction that
hands the business over to the company's secured lenders.

Judge Brendan L. Shannon approved Longview's plan to exit
bankruptcy under a creditor agreement reached before the company
filed for Chapter 11 in April 2020 during a telephonic hearing at
the U.S. Bankruptcy Court for the District of Delaware.

Pursuant to the plan, Longview will swap $350 million worth of
pre-bankruptcy lender debt for equity in a reorganized version of
the company and emerge from Chapter 11 with $40 million.

Read the full article at
https://news.bloomberglaw.com/bankruptcy-law/bankrupt-longview-power-gets-lender-takeover-plan-approved

                   About Longview Power LLC

Longview Power LLC is a special purpose entity created to
construct, own, and operate a 695 MW supercritical pulverized
coal-fired power plant located in Maidsville, West Virginia, just
south of the Pennsylvania border and approximately 70 miles south
of Pittsburgh.  The project is owned 92% by First Reserve
Corporation (First Reserve or sponsor), a private equity firm
specializing in energy industry investments, through its affiliate
GenPower Holdings (Delaware), L.P., and 8% by minority interests.

Longview Power, LLC, filed a Chapter 11 (Bank. D. Del. Lead Case
13-12211) on Aug. 30, 2013.  The petitions were signed by Jeffery
L. Keffer, the Company's chief executive officer, president,
treasurer and secretary.  The Debtor estimated assets and debts of
more than $1 billion.  Judge Brendan Linehan Shannon presides over
the case.  Kirkland & Ellis LLP and Richards, Layton & Finger,
P.A., serve as the Debtors' counsel.  Lazard Freres & Company LLC
acts as the Debtors' investment bankers.  Alvarez & Marsal North
America, LLC, is the Debtors' restructuring advisors.  Ernst &
Young serves as the Debtors' accountants.  The Debtors' claims
agent is Donlin, Recano & Co. Inc.

The Debtor disclosed assets of $1.72 billion plus undisclosed
amounts and liabilities of $1.08 billion plus undisclosed amounts.

A committee of unsecured creditors has not been appointed in the
case due to insufficient response to the U.S. Trustee's
communication/contact for service on the committee.

Judge Brendan Linehan Shannon on March 16, 2015, confirmed the
Debtors' Second Amended Joint Plan of Reorganization.  The Plan
incorporates the settlement among the Debtors, First American Title
Insurance Company, and their contractors Amec Foster Wheeler North
America, Kvaerner, and Siemens Energy, Inc.


MACY'S INC.: Set to Become Smaller Amid Health Crisis
-----------------------------------------------------
Financial World reports that the 162-year-old Cincinnati-based
department store chain Macy's Inc. is set to become smaller after
closing down all 775 stores during the pandemic.

According to Macy's statement May 21, 2020, the company's
operational losses could climb up between $905 million and $1.11
billion for the first quarter of 2020 with sales declining between
$3 billion and $3.03 billion as compared to similar time in 2019,
as millions of American nationals were avoiding malls and stores
over COVID-19 pandemic fears.

The global-scale pandemic outbreak had forced major US retailers to
tap credit lines, cancel dividend payouts as well as share
repurchase programs. They also lay off tens of thousands of
employees to smooth along the forced store closures.  Macy's Inc.
hired investment bank Lazard Ltd. to find a way to strengthen its
finances, addressing that the Macy's Inc. would become smaller over
the upcoming months, the company Chief Executive, Jeff Gennette
said in a conference call with the investors on May 21, 2020.

"We anticipate that our sales recovery will be gradual and that for
a period of time, we will be a smaller company," said Gennette.

                       About Macy's, Inc.

Macy's, Inc. is an American holding company founded by Xavier
Warren in 1929 and is one of the nation's premier retailers. It
became a division of the Cincinnati-based Federated Department
Stores in 1994, through which it is affiliated with the
Bloomingdale's department store chain; the holding company was
renamed Macy's, Inc. in 2007. Macy's, Inc. (NYSE:M), with corporate
offices in Cincinnati and New York, is one of the nation's premier
retailers, with fiscal 2015 sales of $27.079 billion. The company
operates about 880 stores in 45 states, the District of Columbia,
Guam and Puerto Rico under the names of Macy's, Bloomingdale's,
Bloomingdale's Outlet, Macy's Backstage and Bluemercury, as well as
the macys.com, bloomingdales.com and bluemercury.com websites.
Bloomingdale's in Dubai is operated by Al Tayer Group LLC under a
license agreement.

Macy's reported $21.274 billion in assets against $17.483 billion
in liabilities as of Oct. 29, 2016.

Macy's posted $139 million of net income on $17.263 billion of net
sales for the 39 weeks ended Oct. 29, 2016, compared with net
income of $528 million on $18.210 billion of net sales for the 39
weeks ended Oct. 31, 2015.



MAINES PAPER: Case Summary & 30 Largest Unsecured Creditors
-----------------------------------------------------------
Lead Debtor: Maines Paper & Food Service, Inc.
               d/b/a MainSource
               d/b/a MainSource Food & Party Warehouse
               d/b/a Produce Express
               d/b/a Maines Food & Party Warehouse
             101 Broome Corporate Parkway
             P.O. Box 450
             Conklin, NY 13748

Business Description: About Maines Paper & Food Service, Inc. --
                      www.maines.net -- is an independent
                      foodservice distributor.  The Company
                      distributes meat, fruits, vegetables,
                      dairies, beverages, and seafood.  The
                      company's customers include restaurants,
                      convenience stores, delis, bars, pizzerias,
                      educational institutions, healthcare
                      facilities, cruise lines, concessionaires,
                      and camps.

Chapter 11 Petition Date: June 10, 2020

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

     Debtor                                               Case No.
     ------                                               --------
     Maines Paper & Food Service, Inc. (Lead)             20-11502
     Maines Funding Corporation                           20-11501

     Maines Paper & Food Service-Chicago, Inc.            20-11503
     Maines Paper & Food Service-Dallas, Inc.             20-11504
     Maines Paper & Food Service-Great Lakes, Inc.        20-11505
     Maines Paper & Food Service-Maryland, Inc.           20-11506

     Maines Paper & Food Service-Mid-Atlantic, Inc.       20-11507
     Maines Paper & Food Service-New England, Inc.        20-11508
     Maines Paper & Food Service-NY Metro, Inc.           20-11509
     Maines Paper & Food Service-Ohio, Inc.               20-11510
     Maines Paper & Food Service-Tennessee, Inc.          20-11511
     Maines Paper & Pood Service-Worcester, Inc.          20-11512
     Warehouse & Logistics, Inc.                          20-11513

Court: United States Bankruptcy Court
       District of Delaware

Debtors' Counsel: Laura Davis Jones, Esq.
                  PACHULSKI STANG ZIEHL & JONES LLP
                  919 N. Market Street
                  17th Floor
                  Wilmington, DE 19899
                  Tel: 302-652-4100
                  Email: ljones@pszjlaw.com

Debtors'
Restructuring
Advisor:          HURON CONSULTING SERVICES LLC

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $100 million to $500 million

The petitions were signed by John C. DiDonato, chief restructuring
officer.

A copy of  Maines Paper & Food Service's petition is available for
free at PacerMonitor.com at:

                     https://is.gd/kttliH

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Restaurant Services, Inc.            Trade          $11,829,889

5200 Blue Lagoon Drive
Miami, FL 33126
Elise Romero
Tel: 305-529-2107
Email: ERomero@rsilink.com

2. Coca-Cola North America              Trade          $11,439,502
PO Box 102703
Atlanta, GA 30368-2703
Lorraine Reed
Tel: 800-638-1985
Fax: 404-253-4162
Email: distributorar@coca-cola.com

3. Tim Hortons USA Inc                  Trade           $6,878,717
5505 Blue Lagoon Dr
Miami, FL 33126-2029
Julia Kim
Tel: 905-339-6010
Email: jkim@rbi.com

4. Ernst & Young Capital            Professional        $2,501,843
Advisors, LLC                         Services
5 Times Square
New York, NY 10036
Dan Brandt
Tel: 212-773-5058
Email: dan.brandt@cy.com

5. Birchwood Foods                     Trade            $2,487,500
1821 Dividend Drive
Columbus, OH 43228-3848
Alan Demory
Tel: 800-541-1685
Fax: 262-859-2414
Email: jchaffee@bwfoods.com

6. Impossible Foods Inc.               Trade            $2,446,179
400 Saginaw Drive
Redwood City, CA 94063
Daniel Lichaa
Tel: 855-877-6365
Email: daniel.lichaa@impossiblefoods.com

7. Sentry Insurance                    Trade            $1,868,345
1800 North Point Drive
Stevens Point, WI 54481
Daniel Giles
Tel: 715-498-2223
Email: dan.giles@sentry.com

8. M&T Bank                         Deficiency          $1,680,360
PO Box 4560                           Claim
Buffalo, NY 14240-4560
Karen D. Budniak
Tel: 856-330-8038
Email: Kbudniak@mtb.com

9. Darden Direct                    Customer            $1,686,801
Distribution, Inc.                 Prepayment
1000 Darden Center Drive
Orlando, FL 32837
Bruce Brown
Tel: 407-245-6224
Email: BBrown@darden.com

10. Associated Milk                  Trade              $1,640,502
Producers Inc.
29246 Network Place
Chicago, IL 60673-1292
Christina Globes
Tel: 507-354-8295
Fax: 507-359-8668
Email: hulkeb@ampi.com

11. Tyson Fresh Meats Inc.           Trade              $1,595,767
PO Box 28958
New York, NY 10087
Rachel Woolfley
Tel: 403-362-3457
Fax: 403-501-2100
Email: rachel.woolfley@tyson.com

12. Cargill Meat Solutions Corp      Trade              $1,577,254
PO Box 3021
Boston, MA 02241-3021
Lauren Sanabria Arrieta
Tel: 316-291-2605
Fax: 952-249-4164
Email: Orderrelease_cps@cargill.com

13. Trident Seafoods Corp            Trade              $1,547,836
PO Box 952517
Saint Louis, MO 63195-2517
Joshua Luna
Tel: 800-367-6065
Fax: 206-297-5801
Email: deductions@tridentseafoods.com

14. Graphic Packaging Intl Inc.      Trade              $1,524,745
PO Box 645689
Pittsburgh, PA 15264
Madison Raley
Tel: 901-419-4038
Fax: 318-362-2131
Email: evangeline.webb@graphicpkg.com

15. Perdue Farms Inc.                Trade              $1,462,702
PO Box 536474
Pittsburgh, PA 15253-5906
Valerie Haldeman
Tel: 800-457-3738
Fax: 410-543-3387
Email: arbackup@perdue.com

16. Ecolab Inc.                      Trade              $1,420,491
PO Box 32027
New York, NY 10087
Miranda Seebeck
Tel: 800-222-2588
Fax: 651-225-3054
Email: distributor.credit@ecolab.com

17. Koch Foods of Cincinnati         Trade              $1,390,731
PO Box 71233
Chicago, IL 60694-1233
Krista Aquilo
Tel: 847-384-5940
Fax: 847-384-5962
Email: krista.aquilio@kochfoods.com

18. Stratas Foods LLC                Trade              $1,349,198
PO Box 11407
Birmingham, AL 35246-2477
Robin Sarratt
Tel: 901-387-2200
Fax: 901-433-8620
Email: credit@stratasfoods.com

19. Michael McCuen, As Plaintiff  Class Action          $1,300,000
445 Hamilton Avenue                Settlement
White Plains, NY 10601-1807
Jeremiah Frei-Pearson
Tel: 914-298-3281 ext. 32804
Fax: 914-824-1561
Email: jfrei-pearson@bfbglaw.com

20. Smithfield                       Trade              $1,197,411
PO Box 74008622
Chicago, IL 60674
Cheryl Luetger
Tel: 630-281-5200
Fax: 408-990-2855
Email: shdeductions@smithfield.com

21. Kraft Heinz Foods                Trade              $1,148,180
Company
PO Box 13063
Newark, NJ 7188
Susan King
Tel: 570-706-4199
Fax: 570-472-6652
Email: cash_remit_support@kraftfoods.com

22. Fresh Mark Inc.                  Trade              $1,145,287
PO Box 731400
Dallas, TX 75373-1400
John Colcalzier
Tel: 800-860-6777
Fax: 330-830-3174
Email: creditdept@freshmark.com

23. Pactiv LLC                       Trade              $1,091,033
29935 Network Place
Chicago, IL 60673-1299
Athena Blight
Tel: 847-482-2341
Fax: 847-810-3337
Email: ver_cash_application@pactiv.com

24. Penske Trk Leasing Co LP         Trade              $1,069,382
PO Box 827380
Philadelphia, PA 19182
7380
Tyler Hard
Tel: 607-723-8391
Fax: 607-723-8413
Email: pics.wires@penske.com

25. Michael Foods Inc.               Trade              $1,028,913
27890 Network Place
Chicago, IL 60673-1278
Dennis Winrow
Tel: 612-595-4766
Fax: 952-258-4710
Email: mary.nguyen@michaelfoods.com

26. T Marzetti Company               Trade              $1,012,985
Dept L-818
Columbus, OH 43260
Joelene Lowe
Tel: 614-396-5809
Fax: 614-396-0823
Email: remitdetail@marzetti.com

27. AIM Nationalease                 Trade              $1,008,561
4944 Belmont Ave
Youngstown, OH 44505
Matt Svancara
Tel: 330-759-0438
Fax: 330-759-3721
Email: blyda@amintls.com

28. PECO Foods Inc.                  Trade                $932,829
PO Box 71273
Chicago, IL 60694-1273
Williesha Bennett
Tel: 205-345-4711
Fax: 205-366-4519
Email: amedina@pecofoods.com

29. S&D Coffee Inc.                  Trade                $912,085
PO Box 752010
Charlotte, NC 28275
Kathryn Poole
Tel: 704-782-3121
Fax: 704-782-7617
Email: poolek@sndcoffee.com

30. RJB Properties Inc.              Trade                $908,781
75 Remittance Drive Ste 1878
Chicago, IL 60675-1878
Diana Alvarez
Tel: 708-479-4422
Fax: 708-479-7722
Email: diana@rjb-properties.com


MERCURITY FINTECH: Appoints Paul Gillis as Independent Director
---------------------------------------------------------------
Paul L. Gillis has been appointed as independent director to
Mercurity Fintech Holding Inc.'s board of directors, effective June
8, 2020.  Mr. Paul L. Gillis will serve as the chairperson of the
Board's audit committee and audit committee financial expert.

Mr. Gillis has served as a professor of accounting at Peking
University Guanghua School of Management since 2007 and served as a
co-director of International MBA program from 2011 to 2019. Since
2012, he has also served as a current affairs commentator at China
Global Television Network, an international English-language news
channel, and China Radio International, an international radio
broadcaster.  Mr. Gillis is widely recognized by magazines such as
The Accountant and International Financial Law Review as a leading
expert in financial accounting, and has amassed substantial
experience in the accounting industry.  In 2004, he retired as a
partner of PricewaterhouseCoopers following a 28-year career in the
United States, Singapore and China.  From 2011 to 2013, Mr. Gillis
served as member of Standing Advisory Group of the Public Company
Accounting Oversight Board.  From 2009 to 2012, he also served as
an independent director and chairman of audit committee at Pansoft
Company Limited (Nasdaq: PSOF).  Mr. Gillis received his bachelor's
degree in accounting from Western Colorado University in 1975, his
master's degree in accounting from Colorado State University in
1976, his master's degree in intercultural studies from Fuller
Theological Seminary in 2007 and his Ph.D. degree in accounting
from Macquarie Graduate School of Management in 2011.

Ms. Hua Zhou, chairperson of the Board and chief executive officer,
commented, "We are pleased to welcome Mr. Gillis to join the Board.
His senior management and board level background, coupled with his
extensive experience in accounting and finance, will be invaluable
to us as we continue with our efforts to increase our customer base
in the fintech sector as well as to further enhance our board
independence, internal control and the quality of our financial
reporting.  We are fortunate to be able to call on the talent and
experience of Mr. Gillis."

                         About Mercurity

Mercurity Fintech Holding Inc. fka JMU Limited currently operates
an online platform for providing B2B services to food-industry
suppliers and customers in China.  The Company acquired this
business in a merger with Join Me Group (HK) Investment Company
Limited in June 2015.

JMU Limited recorded a net loss of $123.24 million for the year
ended Dec. 31, 2018, compared to a net loss of $161.90 million for
the year ended Dec. 31, 2017.

Michael T. Studer CPA P.C., in Freeport, New York, USA, the
Company's auditor since 2019, issued a "going concern"
qualification in its report dated June 28, 2019, citing that the
Company's present financial situation raises substantial doubt
about its ability to continue as a going concern.


MODELL'S SPORTING: $450K Sale of Long Island Property to 3500 OK'd
------------------------------------------------------------------
Judge Vincent A. Papalia of the U.S. Bankruptcy Court for the
District of New Jersey authorized Modell's Sporting Goods, Inc. and
its debtor-affiliates to sell the real property located at Plaza
48, Northern Boulevard and 48th Street, Long Island City, New York,
including all inventory and FF&E of the Debtors at the Premises,
and a surrender and termination of the Lease and any rights
thereunder, to Landlord 3500 48th Street Owner, LLC for a purchase
price of $450,000 in cash and a waiver and release by the Landlord
of any claims against the Debtors arising from or relating to the
Lease and the Premises, pursuant to their Purchase Agreement.

A hearing on the Motion was held on June 4, 2020.

The sale is free and clear of any and all liens, claims, and
encumbrances against the Property, with such liens, claims, and
encumbrances attaching to the proceeds of the Sale.

The proceeds of the Property will be subject to the Interim Order
(I) Authorizing Use of Cash Collateral and Affording Adequate
Protection; (II) Modifying Automatic Stay; (III) Scheduling a Final
Hearing; and (IV) Granting Related Relief.

The Lease is rejected, pursuant to section 365(a) of the Bankruptcy
Code, and deemed terminated effective as of the closing of the
Sale.  Upon the closing of the Sale, the Debtors will be divested
of any right to possession of the Premises and will be deemed to
have surrendered the Premises to the Landlord effective as of the
closing of the Sale.

All claims by the Landlord against the Debtors, their estates,
whether arising or due prior to the Petition Date, or on account of
any administrative expense claims, or resulting from the rejection
of the Lease, arising under sections 365, 503(b), 506(c) or any
other applicable section of the Bankruptcy Code, are deemed waived
and disallowed in their entirety.  

Notwithstanding any applicability of Bankruptcy Rules 6004, 6006,
7062, 9014, or otherwise, the terms and conditions of the Order
will be immediately effective and enforceable upon its entry.  

                About Modell's Sporting Goods

Modell's Sporting Goods -- https://www.modells.com/ -- is a
family-owned and operated retailer of sporting goods, athletic
footwear, active apparel, and fan gear.  Modell's Sporting Goods
operates stores throughout New York, New Jersey, Pennsylvania,
Connecticut, Massachusetts, New Hampshire, Delaware, Maryland,
Virginia and the District of Columbia.

Modell's Sporting Goods, Inc., and its affiliates sought Chapter 11
protection (Bankr. D.N.J. Lead Case No. 20-14179) on March 11,
2020.

Modell's Sporting Goods was estimated to have $500,000 to $1
million in assets and $1 million to $10 million in liabilities.  

The Hon. Vincent F. Papalia is the case judge.

The Debtors tapped Cole Schotz P.C. as counsel; Berkeley Research
Group, LLC, as restructuring advisor; and Prime Clerk LLC as claims
agent.

On March 23, 2020, the Office of the United States Trustee
appointed the Official Committee of Unsecured Creditors of Modell's
Sporting Goods.  The Committee retained Lowenstein Sandler LLP, as
counsel.


MURRAY ENERGY: Defaults Bankruptcy Loan, Experiences Pivotal Month
------------------------------------------------------------------
Jonathan Randles, writing for Wall Street Journal, reports that
coal company Murray Energy defaulted on its bankruptcy financing
package, setting a pivotal month for the company as it aims to
leave Chapter 11 amidst the market downturn aggravated by the
COVID-19 pandemic, acknowledged by the company on May 20, 2020.

Loan default could complicate coal producer's negotiations with
lenders on potential chapter 11 exit financing.

According to its lawyers during a telephone hearing in the
U.S.Bankruptcy Court in Columbus, Ohio, the company is in talks
with lenders to roll over the loans funding its operations in
chapter 11 into an exit financing package that would propel it out
of bankruptcy.

In October 2019, Murray founder and prominent Trump supporter
Robert Murray, filed for chapter 11 protection and has pursued a
takeover offer from a group of lenders to get out of bankruptcy.

But one lender, Great American Capital Partners LLC, which isn't
part of that group, has said an agreement on financing terms might
not be reached before Judge John E. Hoffman Jr. is scheduled to
consider the company’s chapter 11 exit plan in mid-June 2020.

Murray acknowledged the value of collateral securing GACP's $90
million portion of the chapter 11 financing has fallen below an
agreed-on threshold. The lender has accused the coal producer of
manipulating its financial reporting, allegations the company has
denied. It also blamed the default on a significant decline in coal
markets that has been exacerbated by the coronavirus pandemic,
stressing other U.S. coal producers.

If a financing deal isn't struck, Murray could be forced to
liquidate. Aside from the challenges that the company faces in
locking down exit financing, rival coal producer and major creditor
Consol Energy Inc. has also sought to liquidate Murray.

GACP has accused Murray of inflating recent asset reports by
including for the first time additional revenue streams aside from
just its receivables from coal. Jennifer Hagle, a lawyer for GACP,
said the lender had been trying to work with Murray for months,
even before the COVID-19 pandemic, because the lender believed a
default was imminent.

Murray lawyers and  group of bankruptcy lenders said there was
nothing in the underlying credit agreements that prevents the
business from including additional noncoal revenue it expects to
collect.

"We're not trying to hide anything," Murray lawyer Mark McKane
said.

Murray's asset reports from last month showed that coal assets
securing GACP's debt dropped below a $175 million threshold, while
more recent reports have shown the company’s coal assets falling
below $160 million, court papers said.

GACP said Wednesday that it is seeking information from Murray to
determine exactly how long the company has been in default of the
asset covenant. GACP has sought to have the debt repaid and has
said it will seek to collect default interest. Judge Hoffman said
Wednesday that he would consider additional remedies the lender is
seeking that could restrict Murray's use of cash. Murray has argued
that GACP must get other lenders’ consent before it can take such
action.

"We are at risk of losing our collateral," Ms. Hagle said.

Judge Hoffman is scheduled to consider approving the takeover offer
from Murray's lenders and the company's chapter 11 plan on June
15.

                       About Murray Energy

Headquartered in St. Clairsville, Ohio, Murray Energy --
http://murrayenergycorp.com/-- is the largest privately owned coal
company in the United States, producing approximately 76 million
tons of high quality bituminous coal each year, and employing
nearly 7,000 people in the United States, Colombia and South
America.

Murray Energy now operates 15 active mines in five regions in the
United States, plus two mines in Colombia, South America.  It
operates 12 underground longwall mining systems, 42 continuous
mining units, 10 transloading facilities, and five mining equipment
factory and fabrication facilities.

Murray Energy and its affiliates sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Ohio Lead Case No. 19-56885) on
Oct. 29, 2019.

At the time of the filing, the Debtors were estimated to have
assets of between $1 billion and $10 billion and liabilities of the
same range.

The cases have been assigned to Judge John E. Hoffman Jr.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel; Dinsmore & Shohl
LLP as local counsel; Evercore Group L.L.C. as investment banker;
Alvarez and Marsal L.L.C. as financial advisor; and Prime Clerk LLC
as notice and claims agent.

The U.S. Trustee for Region 9 appointed creditors to serve on the
official committee of unsecured creditors on Nov. 7, 2019.



NAJEEB KHAN: Trustee Proposes Sale of Firearms
----------------------------------------------
Mark T. Iammartino, as the Chapter 11 Trustee for the estate of
Najeeb Ahmed Khan, asks the U.S. Bankruptcy Court for the Western
District of Michigan, to authorize the sale of a glock 9mm handgun,
a Smith and Weston 357 handgun, a 45 mm handgun, a 22 rifle, a 12
gage shotgun, a Winchester short magnum, an AK47 long gun, and a
Blaser long gun, to  

As of the Petition Date, the Debtor owned an extensive collection
of personal property, including the Firearms.  The Debtor's wife,
Nancy Khan, has asserted a marital interest in the Firearms.

The Chapter 11 Trustee has begun looking for prospective purchasers
for the Firearms.  However, given the current state of the economy
due to the COVID-19 pandemic, and the nature and value of the
assets being sold, it will be difficult to obtain offers that will
last long enough to obtain court approval of the proposed
transaction.

Thus, in order to expedite the sale process in the event that
buyers are secured at a fair price, the Chapter 11 Trustee is
asking authority to sell the Firearms, in arms-length transaction,
on the terms set forth:

     a. Buyer: any third party, unaffiliated with both the Chapter
11 Trustee and the Debtor, in an arms'-length transaction;

     b. Purchase Price: not less than $2,000; and

     c. Closing Date: a date mutually agreeable to both the Chapter
11 Trustee and the Buyer.

The Chapter 11 Trustee has determined that selling the Firearms to
the Buyer pursuant to the Proposed Terms is in the best interests
of the estate and creditors.  He has researched the market for the
Firearms and believes that the Purchase Price falls within the
reasonable range of value for the Firearms.  He will sell the
Firearms to only prospective buyers holding a Federal Firearms
License.

The sale of the Firearms will be free and clear of all liens,
claims, rights, interests, and encumbrances pursuant to the
Proposed Terms.

Pursuant to Bankruptcy Rule 6004(h), an order authorizing the sale
of property is stayed for 14 days after the entry of an order
unless the Court orders otherwise, the Chapter 11 Trustee asks that
the Court enters an order authorizing the sale to take immediate
effect notwithstanding Fed. R. Bankr. P. 6004(h).

                     About Najeeb Ahmed Khan                  

Najeeb Ahmed Khan sought Chapter 11 protection (Bankr. W.D. Mich.
Case No. 19-04258) on Oct. 8, 2019.  The Debtor tapped Denise D.
Twinney, Esq., and Robert F. Wardrop, II, Esq., at Wardrop &
Wardrop. P.C., as counsel.

On Oct. 29, 2019, the Court appointed Mark. T. Iammartino, as the
Chapter 11 Trustee.

On Nov. 1, 2019, the U.S. Trustee appointed an official committee
of unsecured creditors.


NATURALSHRIMP INC: Insurer Pays $917,000 Fire Loss Claim
--------------------------------------------------------
On June 3, 2020, NaturalShrimp Incorporated issued a shareholder
update press release from its Chief Executive Officer, Gerald
Easterling, announcing, among other corporate updates, that the
Company's insurance company, General Star Indemnity Company, has
settled and paid in full 100% of the Company's claims totaling more
than $917,000 relating to a fire that destroyed its plant in La
Coste, Texas.

Dear Fellow Shareholders:

As we previously announced in the April 29, 2020 Press Release, the
Company and the insurance company have been waiting on the final
Fire Marshall's report that has not been published as of this week.
Upon receipt, the Company will post the report on its website:
https://naturalshrimp.com.  We are excited about all the positive
developments for our Company's strategic direction.  This event did
not destroy our technology or the tremendous business opportunity
it provides.  It simply delayed our timeline.

The Company's insurance company, General Star Indemnity Company,
has settled and paid in full 100% of our claims which will be over
$917,000.  We are happy to announce the Company currently has over
$1.5 million in cash with an additional $2 million equity
investment available through our investment partner, GHS LLP, which
will complete the original $5 million Securities Series B Preferred
Stock Purchase Agreement filed September 2019. Future
company-controlled funding is expected to come from the previously
filed $11 million Equity Financing Agreement as outlined in the
filed October 2019 S-1 Registration Statement. This funding
obviously does not exclude potential funding through future joint
venture relationships.

Over the last 70 days management has diligently analyzed all
possible options to finalize a strong financial go-forward strategy
for the next NaturalShrimp generation shrimp production facilities.
These strategies include time-to-market, patented technologies,
operational systems, environmental impacts, employee safety,
distribution, etc.  As previously reported, the Company committed
to reviewing all options including the acquisition and/or leasing
of existing regional production warehouses or any existing seafood
facility that could be quickly adapted to our technology processes
and procedures.  The Company has completed its thorough evaluation
of new buildings, seafood production facilities, and the option of
rebuilding in LaCoste. The evaluation process provided two best
options: first, acquisition of an existing seafood grow-out
facility, and second option, building a new pilot plant on our
LaCoste property.  The Company identified an existing aquaculture
grow-out facility over the last 60 days and made multiple proposals
to acquire the assets,but was not able to consummate the
acquisition with terms and conditions that would make the purchase
financially viable. During this process, management was
concurrently developing a detailed plan to rebuild in LaCoste.
Today we are happy to announce the Company has committed $2.5
million to rebuild in LaCoste with plans to utilize its existing
infrastructure currently being implemented under the direction of
Tom Untermeyer COO/ CTO.

During these unprecedented times, we will take all steps necessary
to grow our company while protecting the well-being of our
employees, stakeholders, and partners.  We hope all our
shareholders maintain their health and safety through this
continued COVID-19 pandemic period as well.

Let us assure all shareholders that management is committed to
rebuild and evaluate our technology expansion opportunities
throughout 2020 and beyond.

Stay tuned to the website as the Company will continue to keep
everyone updated: https://naturalshrimp.com .

Please remember the new Company mantra:

"SHMP WILL RISE FROM THE ASHES EVEN STRONGER!"

Sincerely,
Gerald Easterling CEO

                      About Natural Shrimp

NaturalShrimp, Inc. is a publicly traded aqua-tech Company,
headquartered in Dallas, with production facilities located near
San Antonio, Texas.  The Company has developed the first
commercially viable system for growing shrimp in enclosed,
salt-water systems, using patented technology to produce fresh,
never frozen, naturally grown shrimp, without the use of
antibiotics or toxic chemicals.  NaturalShrimp systems can be
located anywhere in the world to produce gourmet-grade Pacific
white shrimp.

NaturalShrimp recorded a net loss of $7.21 million for the year
ended March 31, 2019, compared to a net loss of $5.28 million for
the year ended March 31, 2018.  As of Dec. 31, 2019, the Company
had $3.65 million in total assets, $4.98 million in total
liabilities, and a total  stockholders' deficit of $1.32 million.

Turner, Stone & Company, L.L.P., in Dallas, Texas, the Company's
auditor since 2015, issued a "going concern" qualification in its
report dated June 28, 2019, citing that the Company has suffered
significant losses from inception and has a significant working
capital deficit.  These conditions raise substantial doubt about
its ability to continue as a going concern.


NEIMAN MARCUS: Sussman & Moore Represents Utility Companies
-----------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Sussman & Moore, LLP submitted a verified statement
that it is representing the utility companies in the Chapter 11
cases of Neiman Marcus Group Ltd LLC, et al.

The names and addresses of the Utilities represented by the Firm
are:

     a. American Electric Power
        Attn: Dwight C. Snowden
        American Electric Power
        1 Riverside Plaza, 13th Floor
        Columbus, Ohio 43215

     b. Commonwealth Edison Company
        Attn: Erin Buechler
        Claims & Collection Counsel
        3 Lincoln Centre
        Oakbrook Terrace, IL 60181

     c. Consolidated Edison Company of New York, Inc.
        Attn: Rosalie Zuckerman, Esq.
        4 Irving Place – Room 1875S
        New York, NY 10003

     d. Florida Power & Light Company
        Attn: Gloria Lopez
        Law Department
        700 Universe Blvd.
        Juno Beach, FL 33408

     e. Georgia Power Company
        Attn: Daundra Fletcher
        2500 Patrick Henry Parkway
        McDonough, GA 30253

     f. NStar Electric Company, Eastern Massachusetts
        Attn: Honor S. Heath, Esq.
        Eversource Energy
        107 Selden Street
        Berlin, CT 06037

     g. The Potomac Electric Power Company
        Assistant General Counsel
        Exelon Corporation
        2301 Market Street, S23-1
        Philadelphia, PA 19103

     h. Salt River Project
        Attn: Breanna Holmes/ISB 232
        2727 E. Washington St.
        P.O. Box 52025
        Phoenix, AZ 85072-2025

     i. San Diego Gas & Electric Company
        Attn: Tasha Davis CP61F, Bankruptcy Specialist
        8326 Century Park Court
        San Diego, CA 92123

     j. Southern California Gas Company - $1,975
        Attn: Cranston J. Williams, Esq.
        Office of the General Counsel
        555 W. Fifth Street, GT14G1
        P.O. Box 30337
        Los Angeles, CA 90013-1034

     k. Orlando Utilities Commission
        Attn: Zoila P. Easterling, Esq.
        Deputy General Counsel
        P.O. Box 3193
        Orlando, Florida 32802

     l. Jersey Central Power & Light Company
        Pennsylvania Electric Company
        Attn: Kathy M. Hofacre
        FirstEnergy Corp.
        76 S. Main St., A-GO-15
        Akron, OH 44308

     m. Virginia Electric and Power Company
        d/b/a Dominion Energy Virginia
        Attn: Sherry Ward
        600 East Canal Street, 10th floor
        Richmond, VA 23219

The nature and the amount of claims (interests) of the Utilities,
and the times of acquisition thereof are as follows:

     a. The following Utilities have unsecured claims against the
above-referenced Debtors arising from prepetition utility usage:
American Electric Power, Consolidated Edison Company of New York,
Inc., NStar Electric Company, Eastern Massachusetts, The Potomac
Electric Power Company, Southern California Gas Company, Orlando
Utilities Commission and Jersey Central Power & Light Company.

     b. Commonwealth Edison Company, Florida Power & Light Company,
Georgia Power Company, Salt River Project, Virginia Electric and
Power Company d/b/a Dominion Energy Virginia, Consolidated Edison
Company of New York, Inc. and San Diego Gas and Electric Company
hold surety bonds that they will make claims upon for payment of
the prepetition debt that the Debtors owe to those Utilities.

     c. For more information regarding the claims and interests of
the Utilities in these jointly-administered cases, refer to the (i)
Objection of Certain Utility Companies to the Debtors' Emergency
Motion for Entry of an Order (I) Approving the Debtors' Proposed
Adequate Assurance of Payment for Future Utility Services, (II)
Prohibiting Utility Providers from Altering, Refusing, or
Discontinuing Services, (III) Approving the Debtors' Proposed
Procedures for Resolving Adequate Assurance Requests, and (IV)
Granting Related Relief (Docket No. 487) and (ii) Joinder (Docket
No. 505) to the Objection filed in the above-captioned,
jointly-administered, bankruptcy cases.

Sussman & Moore, LLP was retained to represent the foregoing
Utilities in May 2020. The circumstances and terms and conditions
of employment of the Firm by the Companies is protected by the
attorney-client privilege and attorney work product doctrine.

The Firm can be reached at:

           Weldon L. Moore, III, Esq.
           Sussman & Moore, LLP
           4645 N. Central Exp., Suite 300
           Dallas, Texas 75205
           Tel: (214) 378-8270
           Fax: (214) 378-8290
           Email: wmoore@csmlaw.net

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/5vkopK

                    About Neiman Marcus Group

Neiman Marcus Group LTD, LLC -- https://www.neimanmarcus.com/ -- is
a luxury omni-channel retailer conducting store and online
operations principally under the Neiman Marcus, Bergdorf Goodman,
and Last Call brand names.  It also operates the Horchow e-commerce
website offering luxury home furnishings and accessories.  Since
opening in 1907 with just one store in Dallas, Neiman Marcus and
its affiliates have strategically grown to 67 stores across the
United States.  Visit https://www.neimanmarcus.com

Neiman Marcus Group LTD and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Lead Case No.
20-32519) on May 7, 2020.  At the time of the filing, the Debtors
were each estimated to have assets of between $1 billion and $10
billion and liabilities of the same range.

Judge David R. Jones oversees the cases.

The Debtors tapped Kirkland & Ellis, LLP and Kirkland & Ellis
International, LLP as bankruptcy counsel; Jackson Walker, LLP as
local counsel; Berkeley Research Group, LLC as restructuring
advisor; Lazard Freres & Co. LLC as investment banker; and Stretto
as claims, noticing and solicitation agent.


NEW GOLD: Moody's Alters Outlook on B3 CFR to Stable
----------------------------------------------------
Moody's Investors Service changed the rating outlook for New Gold
Inc. to stable from negative. At the same time, Moody's affirmed
New Gold's B3 corporate family rating, B3-PD probability of default
rating, and Caa1 senior unsecured senior rating. New Gold's
Speculative Grade Liquidity Rating was upgraded to SGL-2 from
SGL-3.

"New Gold's outlook change to stable incorporates increased
liquidity, improved operational and cost performance at its Rainy
River mine and its expectation of lower leverage of about 3.5x in
the next 12-18 months", said Jamie Koutsoukis, Moody's Vice
President, Senior Analyst.

Affirmations:

Issuer: New Gold Inc.

Corporate Family Rating, Affirmed B3

Probability of Default Rating, Affirmed B3-PD

Senior Unsecured Regular Bond/Debenture, Affirmed Caa1 (LGD4)

Upgrades:

Issuer: New Gold Inc.

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

Outlook Actions:

Issuer: New Gold Inc.

Outlook, Changed To Stable From Negative

RATINGS RATIONALE

New Gold Inc. (B3 CFR) is constrained by its 1) small scale (454
thousand GEOs in 2019), 2) mine concentration (just two mines) 3)
its expectation of negative free cash flow in the next 12-18
months, driven by material capital expenditures at both the Rainy
River and New Afton mines, and 4) sensitivity to volatile gold and
copper prices. The company benefits from 1) operations being
located in a favorable mining jurisdiction (Canada), 2) long mine
lives of over 10 years at both operating mines; and 3) good
liquidity (SGL-2).

New Gold's two recent sales have meaningfully improved the
company's liquidity position. On March 31, 2020, New Gold closed
its strategic partnership with Ontario Teachers' Pension Plan to
sell a 46.0% free cash flow interest in the New Afton mine with an
option to convert the interest into a 46.0% joint venture interest
in four years, or have their interest remain as a free cash flow
interest at a reduced rate of 42.5%, for upfront cash proceeds of
$300 million. As well, on June 9, 2020, New Gold entered into a
definitive agreement with Artemis Gold Inc. (unrated) to divest its
Blackwater gold development project in British Columbia, whereby
its will receive CAD140 million on closing and CAD50 million
payable twelve months following closing, in addition to other
considerations including a Blackwater gold stream and shares in
Artemis. The Blackwater transaction is expected to close in the
third quarter of 2020.

New Gold is exposed to environmental risks typical for a company in
the mining industry. This includes, but is not limited to
wastewater discharges, site remediation and mine closure, waste
rock and tailings management, and air emissions. The company is
subject to environmental laws and regulations in the areas in which
it operates. New Gold's Rainy River operations were shut down for
two weeks in late March to adhere to provincial and federal
COVID-19 guidelines. Following the resumption of mine operations in
early April, New Gold has put safety protocols in place at all its
sites to reduce the risk of the Covid-19 infection. This includes
restricted access to sites; travel restrictions; enhanced
sanitization practices; optimized plans for transport and employee
accommodation; and work from home options. New Gold's management is
committed to reducing debt over the near term.

New Gold has good liquidity (SGL-2). Sources of $550 million
compare to uses of about $400 million through December, 2021.
Sources consist of $400 million of cash at Q1/20 and $150 million
(CAD 190 million) expected from the sale of the Blackwater project.
Uses include about $200 million of expected negative free cash
flow, driven by a large capital spending program, and $200 million
outstanding on its $400 million revolver authorization which
expires in August, 2021. The company has no mandatory debt
repayment repayments through 2021. Moody's expects New Gold will
remain comfortably in compliance with its bank facility covenant.

The stable outlook reflects its expectation that New Gold will
maintain gold equivalent production above 400,000oz/year and that
the company will continue to have at least an adequate liquidity
position while funding its capital expenditures at both its Rainy
River and New Afton mines.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if New Gold is able to generate
sustainable positive free cash flow, adjusted debt to EBITDA is
maintained below 3.5x (4.0x at Q1/20) and the company sustains a
positive EBIT margin of at least 6% (-6% at Q1/20).

A downgrade to Caa1 could occur if leverage is sustained above 4.5x
(4.0x at Q1/20), EBIT margins are maintained below negative 5% (-6%
at Q1/20) and cash flow from operations minus dividends falls to
and remains below 10% of outstanding debt (24% at Q1/20). A
significant reduction in liquidity could also result in a
downgrade.

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

New Gold Inc. is a gold producer headquartered in Toronto, Ontario
with two operating mines: New Afton, British Columbia, Canada (69
thousand gold ozs and 79 million lbs copper produced in 2019), and
Rainy River, Ontario, Canada (254 thousand gold ozs produced in
2019). The company also owns the Blackwater gold development
project in British Columbia, which is being sold. Revenue for the
twelve months ended December 31, 2019 was $631 million.



NTHRIVE INC: Moody's Lowers CFR to Caa2, Outlook Negative
---------------------------------------------------------
Moody's Investors Service downgraded nThrive, Inc.'s corporate
family rating to Caa2 from Caa1. Moody's also downgraded the
company's probability of default rating to Caa2-PD and the
first-lien credit ratings to Caa1 (LGD3). Moody's affirmed the
second-lien Caa3 instrument rating (LGD5). The outlook is
negative.

Affirmations:

Issuer: nThrive, Inc.

Senior Secured Bank Credit Facility, Affirmed Caa3 (LGD5)

Downgrades:

Issuer: nThrive, Inc.

Corporate Family Rating, Downgraded to Caa2 from Caa1

Probability of Default Rating, Downgraded to Caa2-PD from Caa1-PD

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

Outlook Actions:

Issuer: nThrive, Inc.

Outlook, Remains Negative

RATINGS RATIONALE

The rating downgrade reflects the incremental headwinds caused by
lower healthcare volumes in 2020 due to the coronavirus pandemic,
which add to nThrive's challenges to generate organic revenue
growth and positive free cash flow in a highly levered capital
structure. Social distancing measures and the overall recessionary
environment caused by COVID-19 will reduce procedures in 2020
across nThrive's client base, which will add more pressure to the
company's top line trajectory. Moody's expects volumes will
experience a slow recovery in 2020 and will not return to
pre-coronavirus levels until 2021. nThrive's revenue declined
-13.8% as of the twelve-month period ending March 2020 (including
the 1Q20 impact of the Wake Forest contract renegotiation, which
the company expects will be cash flow neutral due to higher
margins). Free cash flow remained negative with FCF/Debt of -2.8%
and debt/EBITDA was exceptionally high at 11.1x (Moody's adjusted
including capitalized software as an operating expense, 7.9x
excluding this adjustment). nThrive's free cash flow has been
hindered by declining revenue, driven by softness in its revenue
cycle management back-end services, as several large clients have
opted to insource collections and claims processes that were
previously outsourced. Increasing costs related to onboarding new
full-service Patient-to-Payment customers and significant
restructuring charges have also reduced free cash flow. COVID-19
will add headwinds to the already challenged growth profile,
resulting in double-digit revenue declines in 2020. Management has
implemented cost-cutting actions to offset the steep revenue
reduction but nThrive will need to rely on its revolver and
securitization facilities, which are partially drawn, and possibly
alternative sources of liquidity to cover the operating gap over
the next 12 months. Liquidity from the current revolving facility
is constrained by its upcoming maturity in April 2021.

nThrive's credit profile is supported by the company's strong
market position as a provider of revenue cycle management services.
The company has a large customer base of over 2,700 clients, with
moderate concentration (the top 10 clients represent roughly 32% of
total revenue). The technology solutions group (42% of revenue)
provides sticky SaaS-based solutions that will partially offset the
expected decline in patient volumes.

The rapid and widening spread of the coronavirus outbreak,
deteriorating global economic outlook and asset price declines are
creating a severe and extensive credit shock across many sectors,
regions and markets. The combined credit effects of these
developments are unprecedented. Moody's regards the coronavirus
outbreak as a social risk under its ESG framework, given the
substantial implications for public health and safety. nThrive's
business model will be negatively affected by a steep decline in
patient volumes across its client base, which will contribute to a
material drop in revenue in 2020.

The negative outlook reflects the challenges of reducing leverage
and generating positive free cash flow, which continue to weaken
liquidity. nThrive's diminishing liquidity is also constrained by
its upcoming April 2021 revolver maturity, and the expectation that
the company will experience double-digit percentage revenue
declines in 2020. Lower patient volumes due to the coronavirus
pandemic will exacerbate softness in back-office services, which
have been under pressure from insourcing trends over the last
quarters, partially offset by new P2P wins and modest growth in the
technology segment. Margins will be lower than historical levels
over the next 12 months due to COVID-19, partially offset by an
increasing proportion of revenue from the higher margin technology
segment, increased profitability from the renegotiated Wake Forest
contract, productivity improvements from globalization initiatives,
and cost-cutting actions that management has put in place to offset
volume declines. Moody's expects the coronavirus impact will be
reflected in a weak 2Q20, with a slow recovery reaching
pre-coronavirus levels in the first half of 2021, and overall, 2020
revenue declines in the double-digit percentage rate. The outlook
and credit rating could be pressured if social distancing measures
remain in place longer than anticipated or the recessionary
environment caused by COVID-19 adds additional challenges,
exacerbating a weakened liquidity position.

The individual debt instrument ratings are based on nThrive's
probability of default, as reflected in the Caa2-PD probability of
default rating, and the loss given default expectations of the
individual debt instruments. The Caa1 (LGD3) ratings on the senior
secured first-lien revolver and term loan maturing 2021 and 2022,
respectively, reflect their priority position in the capital
structure, behind the $50 million receivable securitization
facility maturing 2022 but ahead of the second-lien instrument. The
Caa3 (LGD5) rating on the senior secured second-lien term loan
maturing 2023 reflects its junior position in the capital
structure.

Liquidity is weak and continues to diminish as free cash flow
remains negative. As of March 2020, the company's liquidity
position comprised cash balances of $14 million, a $50 million
receivable securitization facility (76% drawn, subject to borrowing
base limitations), and a $50 million first-lien senior secured
revolver (28% drawn) with a 30% springing covenant that could
restrict access if performance deteriorates. Cash balances are
expected to remain low, constrained by negative free cash flow over
the next twelve months. Moody's expects nThrive will rely on the
receivable securitization and first-lien revolving facilities to
cover the operating gap. The upcoming maturity of the first-lien
revolver, which expires in April 2021, weakens liquidity and
elevates risks. In addition, if revenue and profitability continue
to deteriorate, access to the $50 million first-lien revolver could
be limited to 30% of the total capacity, given the 6.25x first-lien
net leverage springing covenant (as defined in the credit
agreement).

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

nThrive's ratings could be upgraded (all metrics Moody's adjusted)
if Moody's expects 1) liquidity improvement with free cash flow
trending towards break-even levels; 2) nThrive successfully
addresses its April 2021 revolver expiration and strengthens its
external liquidity position; and 3) declining revenue trends
reverse, resulting in positive organic growth.

nThrive's ratings could be downgraded if the recessionary
environment caused by COVID-19 deteriorates, extending the expected
timeline to return to break-even free cash flow. The ratings could
also be downgraded (all metrics Moody's adjusted) if 1) liquidity
diminishes or the company is not able to refinance its senior
secured first-lien revolver maturing in April 2021; 2) revenue
decline rate accelerates above current expectations; 3)
profitability does not recover as expected and margins trend down;
or 4) trailing 12-month free cash flow decreases further than
anticipated and FCF/debt metrics deteriorate.

nThrive is a leading provider of software and outsourced revenue
cycle management services in the healthcare industry. The company
generates revenue through its SaaS technology solutions (roughly
42% of revenue) and service offerings (58% of revenue) across the
front, middle and back office components of the revenue cycle
management process for its healthcare clients. nThrive,
headquartered in Alpharetta, GA, is owned by private equity firm
Pamplona Capital Partners. The company generated about $490 million
of revenue over the twelve-month period ending March 30, 2020.

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


PARK HEIGHT'S: Expedited Hearing on Baltimore Property Sale Denied
------------------------------------------------------------------
Judge David E. Rice of the U.S. Bankruptcy Court for District of
Maryland denied Park Height's Angel, Inc.'s request to shorten time
to object and to expedite hearing on its proposed sale of the real
property located at 2700 Oakley Avenue, Baltimore, Maryland to
Tracy McDonald and Taavon Carrington for $181,000.

The Debtor proposed to sell the Property free and clear of all
claims, liens, and encumbrances.

The Court has reviewed both the motion to shorten time and the
motion to sell real property, and finds that nothing therein
constitutes cause for reduction of the time to object to the
proposed sale pursuant to Bankruptcy Rule 9006(c).  The Debtor
apparently entered into the proposed contract almost five months
ago.  The request to shorten the objection period to seven days
would effectively give creditors virtually no notice of the time to
object to what appears to be a proposed short sale of real property
that is subject to multiple liens.  These circumstances and the
ongoing COVID-19 pandemic are in the Court's judgment more than
reason enough for the proposed sale to proceed on a normal, not
expedited, objection and hearing schedule.

Park Height's Angel, Inc., sought Chapter 11 protection (Bankr. D.
Md. Case No. 20-12756) on March 3, 2020.  The Debtor tapped Craig
A. Butler, Esq., at The Butler Law Group, PLLC, as counsel.


PERASO TECHONOLOGIES: Gets Court's CCAA Initial Order
-----------------------------------------------------
Peraso Technologies Inc. applied for, and obtained, an order under
the Companies' Creditors Arrangement Act, providing certain relief.
Pursuant to the Initial Order issued by the Ontario Superior Court
of Justice (Commercial List), Ernst & Young Inc. was appointed as
the Monitor of Peraso.

In addition, the Monitor, in its capacity as Foreign
Representative, filed a voluntary petition in the United States
under Chapter 15 of the U.S. Bankruptcy Code, seeking recognition
of the CCAA proceeding.

A copy of the Initial Order is available at
https://tinyurl.com/y8p4n8l7

Monitor can be reached at:

   Ernst & Young Inc.
   EY Tower
   100 Adelaide Street West P.O. Box 1
   Toronto, ON M5H 0B3

   Brian M. Denega
   Tel: (416) 943-3058
   Email: brian.m.denega@ca.ey.com

   Matt Kaplan
   Tel: (416) 932-6155
   Email: matt.kaplan@ca.ey.com

Counsel to the Monitor:

   Thornton Grout Finnigan LLP
   Suite 3200
   100 Wellington Street West
   P.O. Box 329 Toronto-Dominion Centre
   Toronto, ON M5K 1K7

   D.J. Miller
   Tel: (416) 304-0559
   Email: djmiller@tgf.ca
   
   Andrew Hanrahan
   Tel: (416) 304-7974
   Email: ahanrahan@tgf.ca

   Derek Harland
   Tel: (416) 304-1127
   Email: dharland@tgf.ca

U.S. Counsel to the Monitor:

   Allen & Overy LLP
   1221 Avenue of the Americas
   New York, NY 10020

   Ken Coleman
   Tel: (212) 610-6434
   Email: ken.coleman@allenovery.com

   Jonathan Cho
   Tel: (212) 756-1118
   Email: jonathan.cho@allenovery.com

   Josh Neifeld
   Tel: (212) 756-1158

Counsel to the Companies:

   Stikeman Elliot LLP
   Barristers & Solicitors
   5300 Commerce Court West 199 Bay Street
   Toronto ON M5L 1B9

   Maria Konyukhova
   Tel: (416) 869-5230
   Email: mkonyukhova@stikeman.com

   Nicholas Avis
   Tel: (416) 869-5504
   Email: navis@stikeman.com

U.S. Counsel to the Companies:

   Hodgson Russ LLP
   The Guaranty Building
   140 Pearl Street, Suite 100
   Buffalo, NY 14202

   Garry M. Graber
   Tel: (716) 848-1273
   Email: ggraber@hodgsonruss.com

   Jodyann Galvin
   Tel: (716) 848-1520
   Email: jgalvin@hodgsonruss.com

Peraso Technologies Inc. -- https://www.perasotech.com/ -- operates
a semiconductor company specializing in the development of
integrated circuits.


PETSWAY INC: Hires Neale & Newman as Special Counsel
----------------------------------------------------
Petsway Inc. seeks permission from the U.S. Bankruptcy Court for
the Western District of Missouri to employ Richard Schnake, Esq. of
the law firm of Neale & Newman, LLP as its special counsel.

Mr. Schnake will represent the Debtor in matters relating to its
intellectual property. Mr. Schnake's services will include
analysis, advice, and if necessary, the institution and prosecution
of litigation to protect the intellectual property rights of the
Debtor.

Mr. Schnake will seek compensation for services rendered based on
an hourly rate of $325, which is the usual and customary rate for
an attorney with his knowledge and experience.

Mr. Schnake assures the court that he and Neale & Newman have no
connections with the creditors or any other party in interest,
their respective attorneys and accountants, the United States
Trustee or any person employed in the
office of the United States Trustee.

The firm can be reached through:

     Richard L. Schnake, Esq.
     Neale & Newman, LLP
     2144 E Republic Rd Suite F-302
     Springfield, MO 65804
     Phone: +1 417-882-9090

                 About Petsway Inc.

Founded in 1951, Petsway, Inc. -- https://petsway.com/ -- is a pet
store offering pet food and supplies.  Based in Springfield,
Missouri, with additional locations in St. Louis and Poplar Bluff,
Petsway also offers pet grooming services, dog training, monthly
vet clinics, and self-serve dog washes (at select locations).

Petsway filed for Chapter 11 bankruptcy protection (Bankr. W.D. Mo.
Case No. 19-61542) on December 30, 2019.  The Hon. Cynthia A.
Norton oversees the case.

In its petition, the Debtor estimated $50,000 to $100,000 in assets
and $1 million to $10 million in liabilities.  The petition was
signed by Karl W. Keller, II, vice president and co-owner.

The Debtor is represented by Ronald S. Weiss, Esq. and Joel
Pelofsky, Esq., at Berman, DeLeve, Kuchan & Chapman, LLC.


PHOENIX PRODUCTS: Allowed to Use Cash Collateral Until June 19
--------------------------------------------------------------
Judge Gregory Schaaf the U.S. Bankruptcy Court for the Eastern
District of Kentucky authorized Phoenix Products, Inc. to use cash
collateral to pay those items designated in the updated budget
through June 19, in accordance with the Third Interim Order.

The bankruptcy judge has scheduled a hearing on June 18, 2020 at
9:00 a.m., to further consider the Debtor's use of cash collateral.
Objections are due by noon of June 16.

As adequate protection, the Cash Collateral Creditors are granted
replacement liens to the extent of any diminution of their
interests in the cash collateral, upon the property of the Debtor,
including post-petition accounts and cash collateral, of the same
type, description, validity, and priority as existed in their
respective prepetition collateral as of the Petition Date, subject
only to any valid and enforceable, perfected, and non-avoidable
liens of other secured creditors, if any. However, said replacement
liens will not attach to causes of action under chapter 5 of title
11 of the United States Code which may be brought by, or on behalf
of, the Debtor or any proceeds of the Avoidance Actions.

In addition, the Debtor will continue to account for all cash use,
and the proposed cash use as set forth in the Budget is being
incurred primarily to preserve property of the Estate and going
concern value, which benefits all parties in interest at this stage
in the case.

                      About Phoenix Products

Phoenix Products, Inc. -- https://acstuff.com/ -- provides
components and Technical Data Packages (TDP) for the U.S.
Government. It has significant, relevant experience in the
machining, fabrication, and assembly of Helicopter Main Rotor Blade
Shipping and Storage Containers (SSCs), Engine and Propulsion
Systems Containers, Aircraft Flight Worthy Components, and Ground
Support Equipment (GSE), including Missile SSCs.  Its customer base
includes the Department of Defense, Defense Logistics Agency,
Lockheed Martin, Sikorsky, Rolls-Royce, and other OEMs.

Phoenix Products sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Ky. Case No. 20-60370) on March 18,
2020.  The petition was signed by Peggy Wilson, Debtor's chief
executive officer. At the time of the filing, Debtor was estimated
to have assets of between $500,000 and $1 million and liabilities
of between $1 million and $10 million.  Judge Gregory R. Schaaf
oversees the case.  Delcotto Law Group, PLLC is Debtor's legal
counsel.



PIER 1 IMPORTS: Asks Court’s Permission to Close All Stores
-------------------------------------------------------------
Champion Newspapers reports that home goods chain announces its
plans of closing all its 942 stores, include one found in Chino
Spectrum Towne Center on Grand Avenue.

Pier 1 Imports announces its intent to close 450 stores. It also
filed a motion with the bankruptcy court to close all its stores
after the liquidation of its assets and inventory, including its
online business. Once the motion is approved, the company plans to
carry out liquidation sales after stores reopen from COVID-19
shutdown.

                     About Pier 1 Imports

Founded with a single store in 1962, Pier 1 Imports, Inc. --
http://www.pier1.com/-- is a leading omni-channel retailer of
unique home decor and accessories.  Its products are available
through approximately 930 Pier 1 stores in the U.S. and online at
pier1.com.

Pier 1 Imports and seven affiliates sought Chapter 11 protection
(Bankr. E.D. Va. Lead Case No. 20-30805) on Feb. 17, 2020, to
pursue a sale of the assets.

Pier 1 Imports disclosed $426.6 million in assets and $258.3
million in debt as of Jan. 2, 2020.

Judge Kevin R. Huennekens oversees the cases.

A&G Realty Partners is assisting Pier 1 Imports with its previously
announced store closures and lease modifications. Pier 1 Imports
landlords are encouraged to contact A&G Realty Partners through its
website, http://www.agrep.com/.  

Kirkland & Ellis LLP and Osler, Hoskin & Harcourt LLP serve as
legal advisors to Pier 1 Imports and its affiliated debtors in the
U.S. and Canada, respectively.  The Debtors tapped AlixPartners LLP
as restructuring advisor; Guggenheim Securities, LLC as investment
banker; and Epiq Bankruptcy Solutions as claims agent.


PQ NEW YORK: Aurify Brands Buying All Assets for $3 Million
-----------------------------------------------------------
PQ New York, Inc., and its debtor-affiliates ask the U.S.
Bankruptcy Court for the District of Delaware to authorize them to
(a) enter into that certain Asset Purchase Agreement, dated as of
May 26, 2020, with LPQ USA, LLC, an affiliate of Aurify Brands,
LLC, with respect to the sale, transfer, and assignment of
substantially all their assets relating to the Continuing
Restaurants, for the aggregate consideration of $3 million, plus,
the Adequate Assurance Deposit Amount, the assumption of certain
liabilities and the payment of all cure amounts.

PQ NY is a wholly-owned subsidiary of PQ Licensing SA, a Belgian
company, and operated 98 restaurants in the United States under the
trade name Le Pain Quotidien.  The Debtors are headquartered in New
York and, prior to shuttering operations due primarily to the
COVID-19 outbreak, operated in the following geographic regions:
the New York City metro area, the Mid-Atlantic region, California,
Illinois and Florida.  Until recently, the Debtors employed
approximately 2,500 people.  

The Debtors commenced these Chapter 11 Cases in order to consummate
a sale of substantially all of their assets to the Buyer in
accordance with the terms of the APA.  Over the past year, the
Company has been exploring potential strategic and restructuring
alternatives in both Europe and the U.S.  These efforts, however,
were derailed in March 2020 when the COVID-19 outbreak forced the
Debtors to close all of their restaurant locations and terminate
their workforce.  

In light of these events, the Debtors were spiraling towards an
almost certain complete liquidation under chapter 7 of the
Bankruptcy Code, until they received a lifeline from Aurify Brands
in the form of the highest and best bid for a going concern sale
transaction, coupled with a much-needed liquidity infusion to
facilitate the sale process.  The proposed Sale reverses the
Debtors' fortunes by providing for a transaction that will lead to
the reopening of no fewer than 35 restaurant locations, create
approximately 1,000 jobs, provide for the re-employment of a number
of the Debtors’ former employees, and continue to the serve the
Debtors' loyal customers.  The proposed Sale enables the Debtors to
avoid what otherwise would have been a complete liquidation,
thereby maintaining a go-forward business partner and tenant for
certain of the Debtors’ vendors and landlords, respectively.

Notwithstanding the closures due to the COVID-19 outbreak, on March
31, 2020, the Debtors retained SSG Advisors, LLC to provide
investment banking services in an effort to avoid a complete
liquidation and locate a potential acquisition partner.  As part of
its marketing efforts, SSG circulated an initial teaser to 204
Prospective Purchaser.  The Debtors and SSG worked closely with PQ
SA's insolvency professionals and, as a result, were able to
coordinate discussions with parties that were interested in
acquiring a license to operate Le Pain Quotidien restaurants in the
U.S.  The Debtors ultimately received term sheets from four
parties, including a non-binding term sheet from Aurify Brands,
dated April 30, 2020.     

On May 13, 2020, in furtherance of their sale discussions, the
Debtors and LPQ U.S., in its capacity as lender, entered into that
certain Secured Promissory Note, whereby the Lender agreed to
provide the Debtors with $122,000 (which was subsequently increased
to $522,000) in bridge financing.  The Bridge Loan was used to fund
the Debtors' limited ongoing operations and to prepare for the
commencement of the Chapter 11 Cases, including the documentation
of definitive sale documents and a related DIP credit agreement
pursuant to which the Lender would finance the Chapter 11 Cases.

After extensive negotiations, the Debtors and LPQ US, in its
capacity as the Buyer, entered into the APA on May 26, 2020,
whereby it agreed to acquire substantially all of the Debtors’
assets for aggregate consideration of $3 million, plus, the
Adequate Assurance Deposit Amount, the assumption of certain
liabilities and the payment of all cure amounts.

A critical piece of the overall transaction that was negotiated is
the Buyer's willingness to provide a $3 million DIP credit facility
pursuant to that certain Senior Secured Super-Priority
Debtor-in-Possession Credit and Security Agreement, dated May 26,
2020.  Pursuant to the terms of the APA, the outstanding DIP
Obligations will be credit bid against the purchase price at
closing.

The Debtors ask approval of the APA and authority to sell and
convey the Purchased Assets to the Buyer, free and clear of all
liens, claims, encumbrances and interests.

The salient terms of the APA are:

     a. Purchase Price: $3 million, plus the Adequate Assurance
Deposit Amount, plus the Assumed Liabilities

     b. Closing Date: The Closing of the Sale will take place
remotely by electronic exchange of counterpart signature pages
commencing at 10:00 a.m. (pET) on the second business day after the
date on which all conditions to the obligations of the Sellers and
Buyer to consummate the Contemplated Transactions set forth in
Article VII of the APA .

     c. Credit Bid: Pursuant to section 363(k) of the Bankruptcy
Code, the Buyer's bid is equal to the full amount of the
outstanding DIP Obligations as of the Closing Date.

     d. Transfer Taxes: To the extent not exempt under section 1146
of the Bankruptcy Code, the Buyer will pay all Transfer Taxes. The
Debtors and the Buyer will cooperate to prepare and timely file any
Tax Returns required to be filed in connection with Transfer Taxes
described.

     e. Other Taxes: At the Closing, the Buyer will assume and
become solely liable and responsible for (i) all unpaid and
outstanding ad valorem Taxes on the personal property that
constitutes a part of the Purchased Assets and (ii) to the extent
required to be paid or assumed in connection with the assumption of
any Lease for a Continuing Restaurant included in the Assumed
Contracts, unpaid and outstanding ad valorem Taxes on the real
property at the Continuing Restaurant.

     f. Break-Up Fee: $180,000 or such lesser amount otherwise
authorized by the Bankruptcy Court.  If an Expense Reimbursement is
authorized by the Bankruptcy Court, such Expense Reimbursement will
be paid from the proceeds of Alternate Transaction and shall be for
all of the Buyer's reasonable and documented out-of-pocket expenses
(including of counsel and any other advisors) not to exceed
$500,000 or such lesser amount otherwise authorized by the
Bankruptcy Court.

     g.  Sale Free and Clear of Unexpired Leases: As set forth in
section 3.5 of the APA, the Sellers represent and warrant that, as
of immediately prior to the Closing, have good and valid title to,
or, in the case of leased assets, have good and valid leasehold
interests in, the Purchased Assets, free and clear of all Liens,
subject to entry of the Sale Order.

     h. The Debtors are requesting relief from the 14-day stay
imposed by Bankruptcy Rules 6004(h) and 6006(d).

The Debtors submit that adequate business justification exists for
the proposed Sale of the Purchased Assets to the Buyer pursuant to
the terms of the APA.  

The Debtors acknowledge that it is not typical to proceed with a
sale in chapter 11 without an auction process -- but the current
circumstances are anything but typical.  The Debtors submit that
the proposed timing will provide a significant benefit to the
Debtors' vendors, landlords and former employees (to the extent
re-hired as a result of the Sale).

The assumption and assignment is a reasonable exercise of the
Debtors'business judgment.  In connection with its efforts to
maximize the value of its assets, the Debtors have determined that
entry into the APA is in the best interest of their estates for the
reasons set forth above.  Moreover, the Debtors would eliminate its
ongoing obligation to perform under such executory contracts and
avoid the accrual of any further administrative obligations,
rejection damages, or other potential liability thereunder, thereby
providing an additional benefit to their estates.

The Debtors request that any order approving the Sale be effective
immediately upon entry of such order by providing that the
fourteen-day stay will not apply.  Absent the immediate
effectiveness of the Proposed Order, the Debtors may be hindered
from successfully consummating the Sale as contemplated by the APA.
Accordingly, the Debtors believe that it is appropriate that any
order approving the APA and authorizing the sale of the Purchased
Assets to the Buyer be effective without any delay by providing
that the 14-day stay under Bankruptcy Rules 6004(h) and 6006(d) be
waived.

A copy of the Agreement is available at
https://tinyurl.com/ybz46b95 from PacerMonitor.com free of charge.

                    About Le Pain Quotidien

Le Pain Quotidien is an international bakery-restaurant chain
founded by Alain Coumont on October 26, 1990.  It carries an array
of baked goods and coffee drinks as well as a dine-in food menu.

Founded in Belgium in 1990, Le Pain Quotidien -- which means "the
daily bread" in French -- opened its first U.S. store in 1997 and
has since become a familiar sight in Manhattan.

Based in New York, PQ New York, Inc. is a wholly-owned subsidiary
of PQ Licensing SA, a Belgian company, and operated 98 restaurants
in the United States under the trade name Le Pain Quotidien.

PQ New York, Inc., and other U.S. affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 20-11266) on May 27,
2020.

PQ New York was estimated to have $100 million to $500 million in
assets and liabilities as of the Chapter 11 filing.

The Debtors tapped RICHARDS, LAYTON & FINGER, P.A. as counsel; and
SSG ADVISORS, LLC, as investment banker.  PRICEWATERHOUSECOOPERS
LLP is the interim management services provider.  DONLIN, RECANO &
COMPANY, INC., is the claims agent.


PURDUE PHARMA: Shepherd, Finkelman Represents Self-Funded Group
---------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Shepherd, Finkelman, Miller & Shah, LLP submitted a
verified statement that it is representing the Ad Hoc Group of
Self-Funded Plans in the Chapter 11 cases of Purdue Pharma L.P., et
al.

The SF Group currently consists of three self-funded union plans.

The SF Group currently consists of three self-funded union plans.

The SF Group has retained Shepherd, Finkelman, Miller & Shah, LLP
as bankruptcy counsel in the Debtors' Chapter 11 proceedings before
this Court. SFMS maintains offices in Philadelphia at 1845 Walnut
Street, Suite 806, Philadelphia, PA 19103 and in New York City at
52 Duane Street, Seventh Floor, New York, NY 10007.

As of June 9, 2020, members of the SF Group and their disclosable
economic interests are:

* Asbestos Workers Local No. 32 Welfare Fund is a self-funded
  benefits plan created to provide health care coverage for
  Asbestos Workers Local No. 32, a union with a membership of 800
  and headquartered at 318 Cleveland Avenue, Highland Park, New
  Jersey 08904.

* BCTGM Local 53 Health Benefits Fund is a self-funded benefits
  plan created to provide health care coverage for Bakery,
  Confectionery, Tobacco Workers, and Grain Millers Local 53, a
  union with a membership of 3,750 and headquartered at 85 Orient
  Way, 2nd Floor, Rutherford, NJ 07070.

* Sheet Metal Workers Local No. 25 Health & Welfare Fund is a
  self-funded benefits plan created to provide health care
  coverage for Sheet Metal Workers Local No. 25, a union with a
  membership of 2,500 and headquartered at 440 Barell Avenue,
  Carlstadt, NJ 07072.

* Local 274 Health & Welfare Fund is a self-funded benefits plan
  created to provide health care coverage for Local 274, a union
  with a membership of 1,500 and headquartered at 20 Brace Road,
  Suite 114, Cherry Hill, New Jersey, 08034.

The SF Group makes no representation herein as to the amount,
validity, or priority of any particular member's claims and
expressly reserves all respective rights thereto.

This Verified Statement and the attached Exhibit should not be read
to waive or limit any of the rights of the members comprising the
SF Group to assert, file, or amend any claims in accordance with
applicable procedures established by this Court.

The SF Group reserves the right to amend or supplement this
Verified Statement as necessary in accordance with Rule 2019 of the
Federal Rules of Bankruptcy Procedure.

Counsel for the Ad Hoc Group of Self-Funded Health Plans can be
reached at:

          SHEPHERD, FINKELMAN, MILLER & SHAH, LLP
          Laurie Rubinow, Esq.
          52 Duane Street, Seventh Floor
          New York, NY 10012
          Telephone: (860) 526-1100
          Email: lrubinow@sfmslaw.com

             - and -

          Eric L. Young, Esq.
          James E. Miller, Esq.
          Shepherd, Finkelman, Miller & Shah, LLP
          1845 Walnut St., Suite 806
          Philadelphia, PA 19103
          Telephone: (610) 891-9880
          Email: eyoung@sfmslaw.com
                 jmiller@sfmslaw.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/dAB73i

                      About Purdue Pharma

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

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

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

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

On Sept. 15 and 16, 2019, Purdue Pharma L.P. and 23 affiliated
debtors each filed a voluntary petition for relief under Chapter 11
of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No.
19-23649), after reaching terms of a preliminary agreement for
settling the massive opioid litigation.  The Debtors' consolidated
balance sheet as of Aug. 31, 2019, showed $1.972 billion in assets
and $562 million in liabilities.

U.S. Bankruptcy Judge Robert Drain oversees the cases.  

The Debtors tapped Davis Polk & Wardwell LLP and Dechert LLP as
legal counsel; PJT Partners as investment banker; AlixPartners as
financial advisor; and Prime Clerk LLC as claims agent.

Akin Gump Strauss Hauer & Feld LLP and Bayard, P.A. represent the
official committee of unsecured creditors appointed in Debtors'
bankruptcy cases.

David M. Klauder, Esq., was appointed as fee examiner.  The fee
examiner is represented by Bielli & Klauder, LLC.


PWR INVEST: Trustee's June 22 Auction of All Assets Set
-------------------------------------------------------
Judge John T. Dorsey of the U.S. Bankruptcy Court for the District
of Delaware authorized the bidding procedures of Michael A.
McConnel, the Chapter 11 Trustee of PWR Invest, LP, and its
debtor-affiliates, in connection with the sale of substantially all
assets to OM Properties, LLC, subject to overbid.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: June 19, 2020 at 5:00 p.m. (CDT)

     b. Initial Bid:  Each Bid must clearly set forth the purchase
price in U.S. dollars to be paid for each individual Asset subject
to the applicable asset package (including assumed liabilities),
including and identifying separately any cash and non-cash
components.

     c. Deposit: 10% of the aggregate cash and non-cash Purchase
Price of the Bid

     d. Auction: June 22, 2020, at 10:00 a.m. (CDT) is the date and
time the Auction, if one is needed, will be held either (a) at the
offices of Kelly Hart & Hallman LLP, 201 Main Street, Suite 2500,
Fort Worth, TX 76102, (b) telephonically, (c) via video
conferencing, or (d) a combination of the foregoing, or at such
later date and time as the Trustee will notify all Qualified
Bidders that have submitted Qualified Bids

     e. Bid Increments: $100,000

     f. Sale Hearing: June 24, 2020 at 2:00 p.m. (EDT)

     g. Sale Objection Deadline: June 17, 2020 at 4:00 p.m. (EDT)

The form of Sale Notice is approved.  Within three days after the
entry of the Order, the Trustee will serve the Sale Notice upon all
the Sale Notice Parties.  

The Trustee is authorized and directed to publish the Sale Notice,
as modified for publication, in the USA Today and Gas Daily within
five business days of the date of service of the Sale Notice as set
forth therein.   The form of Post-Auction Notice is approved.  No
later than noon the calendar day after the conclusion of the
Auction, if any, the Trustee will file the Post-Auction Notice
identifying any Successful Bidder(s) on the Court's docket.

The Assumption and Assignment Procedures are approved.  The
Assumption Notice is approved.  Within three days after the entry
of the Order, the Trustee will file with the Court the Assumption
Notice and a list of the Designated Contracts.

Notwithstanding Bankruptcy Rules 6004(h), 6006(d), 7062, 9014, or
otherwise, the Court, for good cause shown, orders that the terms
and conditions of the Order will be immediately effective and
enforceable upon its entry.

A copy of the Bidding Procedures is available at
https://tinyurl.com/yd6kqxdz from PacerMonitor.com free of charge.

                      About PWR Invest LP

PWR Invest, LP, and debtor affiliates Oklahoma Merge, LP; Oklahoma
Merge Midstream, LP; Oklahoma River Basin, LP; and PWR Oil & Gas
General Partners, Inc., operate and develop oil and gas properties
predominantly in Oklahoma.

On May 22, 2019, PWR Oil & Gas General Partners, Inc., filed a
Chapter 11 petition (Bankr. D. Del.).  On May 23, 2019, PWR Invest,
LP, also sought for Chapter 11 protection. On Aug. 12, 2019,
Oklahoma Merge, LP, Oklahoma River Basin, LP, and Oklahoma Merge
Midstream, LP, each filed Chapter 11 petitions.  The Debtors'
Chapter 11 cases are jointly administered under Case No. 19-11164,
with that of PWR Invest, LP, as the lead case.

As of its Petition Date, PWR Invest was estimated to have assets at
$50 million to $100 million, and liabilities at $50 million to $100
million.

PRONSKE & KATHMAN, P.C., and BARNES & THORNBURG LLP serve as the
Debtors' counsel.  McCathern, PLLC, is special litigation counsel.
FTI Consulting, Inc., is the Debtors' financial advisor.


QUOTIENT LIMITED: Incurs $102.8 Million Net Loss in FY 2020
-----------------------------------------------------------
Quotient Limited recorded a net loss of $24.72 million on $8.70
million of total revenue for the quarter ended March 31, 2020,
compared to a net loss of $26.59 million on $8.28 million of total
revenue for the quarter ended March 31, 2019.

For the year ended March 31, 2020, the Company reported a net loss
of $102.77 million on $32.65 million of total revenue compared to a
net loss of $105.38 million on $29.13 million of total revenue for
the year ended March 31, 2019.

As of March 31, 2020, the Company had $226.46 million in total
assets, $231.99 million in total liabilities, and a total
shareholders' deficit of $5.53 million.

"The global coronavirus crisis was a shock to everyone, but we are
very proud of how the Quotient team leveraged the knowledge we
acquired over the past eight years, and the flexibility of the
MosaiQ platform, to develop a state of the art COVID-19 antibody
test.  The test performs with 100% sensitivity and 99.8%
specificity and detects antibodies early due to its sensitivity to
both IgM and IgG antibodies.  The fact that we were able to sign
several MosaiQ COVID-19 antibody test customer contracts,
demonstrates the attractiveness of our innovative MosaiQ platform,"
said Franz Walt, chief executive officer of Quotient.

Mr. Walt added, "I am pleased to report that we restarted the
expanded IH Field Trials in Europe and we are expecting the first
commercial transfusion menu in Q1 CY2021.  I am also pleased that,
despite the unprecedented disruption caused by the pandemic, we
were able to exceed sales expectations for our Alba by Quotient
reagent business."

The operating loss for the quarter and the year ended March 31,
2020 included termination and transition benefit costs of
approximately $0.9 million and $2.1 million, respectively, as well
as, legal and advisory fees related to the Company's termination of
its distribution and supply agreement with Ortho Clinical
Diagnostics Inc. (OCD) and the related arbitration with OCD.

Capital expenditures totaled $4.6 million in the year ended
March 31, 2020, compared with $4.8 million in the year ended March
31, 2019.

As at March 31, 2020 Quotient had $120.8 million in available cash
and other short-term investments and $153.0 million of debt and
$8.7 million in an offsetting long-term cash reserve account.

Outlook for the Fiscal Year Ending March 31, 2021

   * Total product sales of Alba by Quotient reagents in the
     range of $32 to $34 million compared to product sales in
     fiscal 2019 of $31.6 million.  A forecast of COVID-19
     antibody tests is not currently possible due to the
     uncertainties related to the development of this new market.
     No other revenues are expected.

   * Capital expenditures in the range of $5 to $10 million.

   * Average monthly cash use for operations in the range of $5
     to $6 million excluding potential revenue related to COVID-
     19 antibody test.

Alba by Quotient product sales in the first quarter of fiscal 2021
are expected to be within the range of $8.4 to $8.9 million,
compared with $8.2 million for the first quarter of fiscal 2020.

The Company is not providing guidance on the operating loss due to
the uncertainty around revenues derived from MosaiQ by Quotient
COVID-19 antibody tests.

Quarterly product sales can fluctuate depending upon the shipment
cycles for red blood cell-based products, which account for
approximately two-thirds of current product sales.  These products
typically experience 13 shipment cycles per year, equating to three
shipments of each product per quarter, except for one quarter per
year when four shipments occur.  The timing of shipment of bulk
antisera products to OEM customers may also move revenues from
quarter to quarter.  Some seasonality in demand is also experienced
around holiday periods in both Europe and the United States.  As a
result of these factors, Quotient expects to continue to see
seasonality and quarter-to-quarter variations in product sales.
The timing of product development fees included in other revenues
is mostly dependent upon the achievement of pre-negotiated project
milestones.

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

                      https://is.gd/PlnHve

                     About Quotient Limited

Penicuik, United Kingdom-based Quotient Limited is a
commercial-stage diagnostics company committed to reducing
healthcare costs and improving patient care through the provision
of innovative tests within established markets.  With an initial
focus on blood grouping and serological disease screening, Quotient
is developing its proprietary MosaiQTM technology platform to offer
a breadth of tests that is unmatched by existing commercially
available transfusion diagnostic instrument platforms.  The
Company's operations are based in Edinburgh, Scotland; Eysins,
Switzerland and Newtown, Pennsylvania.

Quotient Limited reported a net loss of $105.4 million for the year
ended March 31, 2019, a net loss of $82.33 million for the year
ended March 31, 2018, and a net loss of $85.06 million for the year
ended March 31, 2017.  As of Dec. 31, 2019, the Company had $247.95
million in total assets, $229.89 million in total liabilities, and
$18.06 million in total shareholders' equity.


RAYONIER ADVANCED: Amends Credit Facility to Provide Flexibility
----------------------------------------------------------------
Rayonier Advanced Materials Inc. disclosed that, in working with
its lenders under its Senior Secured Credit Agreement, it has
entered into an amendment under which, among other changes, the
lenders have agreed to relax the financial covenants through 2022.
In addition, the Amendment provides additional liquidity to the
Company by reducing the minimum availability the Company is
required to maintain under its revolving credit facility.  The
Amendment added a 1 percent LIBOR floor and lenders were paid a
customary fee as consideration for their consent to the Amendment.

"In light of the COVID-19 pandemic, it was prudent to obtain
additional financial flexibility to ensure continued compliance
with our covenants," said Paul G. Boynton, president and chief
executive officer.  "We believe we now have the runway to manage
the business through these challenging conditions, enabling us to
continue to service our customers and emerge a stronger and more
profitable organization."

                   About Rayonier Advanced

Headquartered in Jacksonville, Florida, Rayonier Advanced Materials
Inc. -- http://www.rayonieram.com/-- is a producer of
cellulose-based technologies, including high purity cellulose
specialties, a natural polymer commonly found in filters, food,
pharmaceuticals and other industrial applications.  The Company
also manufactures products for lumber, paper and packaging markets.
The Company has manufacturing operations in the U.S., Canada, and
France.

Rayonier Advanced reported a net loss available to common
stockholders of $31.03 million for the year ended Dec. 31, 2019.

                          *    *    *

As reported by the TCR on March 6, 2020 S&P Global Ratings lowered
its issuer credit rating on Rayonier Advanced Materials Inc. (RYAM)
to 'CCC+' from 'B-' and lowered its issue-level rating on its
senior unsecured notes to 'CCC' from 'CCC+'.  The downgrade
reflects the severe deterioration in RYAM's margins, which caused
its leverage to rise to more than 10x as of Dec. 31, 2019, from
3.6x as of Dec. 31, 2019 and 7.4x as of Sept. 30, 2019.


REGENT UNIVERSITY: Moody's Alters Outlook on Ba3 Bonds to Stable
----------------------------------------------------------------
Moody's Investors Service has revised the outlook on Regent
University, VA to stable from negative. The Ba3 rating on $84
million Series 2006 Educational Facilities Revenue Bonds has been
affirmed. The bonds were issued by the Virginia College Building
Authority.

RATINGS RATIONALE

The outlook revision to stable incorporates Regent's marked
improvement in operating performance aided by revenue growth and
recent expense discipline. In fiscal 2019 operating revenue
increased 13% while expenses were down 10%. Year to date results
for fiscal 2020 point to similar operating performance to 2019, a
14% operating cash flow margin, despite coronavirus impacts.

The Ba3 rating remains supported by a recent track record of net
tuition revenue growth and academic program development that could
continue to support operating equilibrium. As enrollment has
surpassed 10,000 students on a headcount basis, the student body is
increasingly online and at the undergraduate level. While many
students are enrolled in less differentiated academic programs with
weaker pricing power, the university has made some gains in degree
programs that tend to have more favorable retention. That online
strategy will help limit adverse financial impacts due to the
Covid-19 pandemic for fiscal 2020 and into fiscal 2021. However,
limited pricing power combined with the fractured and competitive
nature of online education contribute to the university's fair
strategic positioning. The rating also considers key person risk
under its governance taxonomy as well as limited philanthropy or
other revenue diversity. The university has a long history of
deficit operating performance that has significantly eroded
reserves over a multi year period. Management credibility with
regard to a changed stance regarding deficit operations will take
some time to build, although the significant improvement in fiscal
2019, if sustained, is a positive indicator. Further limiting
credit strength, bondholders are effectively subordinated to the
bank which provides the university with an operating line of credit
and has a secured interest in the majority of cash and
investments.

Moody's regards the coronavirus outbreak as a social risk under its
ESG framework given substantial implications for public health and
safety. The coronavirus situation has created dislocation across
industries and geographies and triggered urgent challenges for many
businesses and organizations to address. The prospects and path of
economic recovery for the second half of the year and beyond will
depend on factors including when and at what pace lockdown measures
will ease and to what extent fiscal and monetary policy measures
are available to assist businesses and organizations.

RATING OUTLOOK

The stable outlook reflects the recent turnaround in financial
performance, which, if maintained, points to a more sustainable
business model.

FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATING

  - Demonstrated ability to sustain to operating revenue growth and
strong operating performance

  - Ongoing gains in total cash and investments including
unrestricted liquidity

FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATING

  - Return to weak operating performance

  - Reduction of liquidity relative to debt and operations

LEGAL SECURITY

The Series 2006 revenue bonds have a secured interest in
Unrestricted University Revenues. The Loan Agreement incorporates
limits on additional parity indebtedness. Under these limits pro
forma debt should be less than total cash and investments and less
than 2.0 times expendable financial resources. There is a cash
funded debt service reserve fund. The bank line of credit has a
secured interest in certain investments of the university,
effectively subordinating the interests of revenue bond holders.

PROFILE

Regent University is a private university founded in 1978 by Pat
Robertson. Regent offers associates, bachelors, masters, and
doctoral degrees, including a law school, at its campus in Virginia
Beach and online. The university generated operating revenue of
$129 million in fiscal 2019 and enrolled over 10,000 students on a
headcount basis in fall 2019.

METHODOLOGY

The principal methodology used in this rating was Higher Education
published in May 2019.


RILEY JOHN BEARD: Benitez Buying Temple Hills Property for $328K
----------------------------------------------------------------
Riley John Beard and Regina Lorraine Beard ask the U.S. Bankruptcy
Court for the District of Maryland to authorize the sale of the
residential property located at 5504 Keppler Road, Temple Hills,
Maryland to Edwin Ferruffino Benitez, also known as Edwin F.
Benitez, for $328,000, free and clear of liens, claims,
encumbrances, interests in accordance with the terms of the
Contract.

The Debtors own the Property which they use as an income generating
rental property under the confirmed plan of reorganization.  They
filed an adversary proceeding to strip the lien of the lender,
Aurora Loan Services, LLC which held a secured lien on the Property
on the Petition Date.  A Stipulation and Consent Order was entered
on May 10, 2013 in the Adversary Proceeding in which the Debtors
and the lender/servicer Aurora Loan Services, LLC agreed and
stipulated that the value of the Property would be treated as
$180,000.

A Confirmation Order was entered on the Debtor's Amended Plan which
adopted the stipulations in the valuation on that and other real
properties.  It was then enrolled to the Confirmation Order as res
judicata on Nov. 15, 2013.

While Aurora Loan Services, LLC filed a proof of claim in the
amount of $326,205, under the Adversary Proceeding and then as
merged to the Confirmation Order, the Claim was "stripped down" to
$180,000 per the terms of the Keppler Consent Order.  Nationstar
Mortgage, LLC which acquired Aurora Loan Services, LLC several
years ago.  Presumptively, Nationstar currently holds the Claim and
lien against the Property previously held by Aurora Loan Services,
LLC.

The Debtors' Amended Plan of Reorganization (designating the
Property and credit facility with Aurora Loan Services, LLC as
Class 13) filed on Oct. 2, 2013 was confirmed on or about Nvo. 15,
2013.  As noted, the Confirmation Order incorporated the terms of
the Keppler Consent Order and provided for an allowed secured claim
of $180,000 to be treated at 5.25% interest with term and
amortization over 40 years.

The Debtors have decided that it is in the best financial interests
of the former estate to sell the Property, and prepay the Claim as
stripped down under the Plan at this time rather than pay
Nationstar its stripped down claim over 40 years from the Effective
Date under the Confirmation Order.  Any surplus proceeds above the
will also benefit the estate by satisfying Administrative Expenses
under the Plan which have long gone unpaid, and post-confirmation
legal expenses as well as other claims under the Plan if such
funding provides for same.  The alternative to this sale and
payment of Nationstar is that the Plan is performed for 40 years
from the Effective Date under the Confirmation Order with no
particular benefit to anyone from the Property for decades to come.


Upon information provided by Harvest Title & Escrow, LLC, the
settlement agent for the sale transaction using a payoff quote from
Nationstar with per diem adjustments made for interest and escrows
projected to the future settlement date, the payoff to Nationstar
as of the previously anticipated settlement date of June 30, 2020,
will be $173,980.  The Debtors believe that such payoff will be
less than quoted by Nationstar given the payments made to date
since the Confirmation Order by the Debtors.   

Since confirmation, the Debtors have made the required payments to
Nationstar under the Plan and Confirmation Order.  No filings such
as a motion for relief from stay are pending with respect to the
Property.  

The Debtors have received a contract of sale on the Property
ratified on Dec. 18, 2019, with various addenda executed including
a General Addendum signed March 4, 2020, extending the settlement
date to April 20, 2020, with sellers paying buyers a credit for a
rate lock extension, and a second General Addendum signed April 28,
2020, extending the settlement date to June 30, 2020, with the
Sellers paying a further credit for a rate lock extension, with
such settlement date extension necessary for obtaining Bankruptcy
Court approval.

The sales price for the Property as noted is $328,000.  The
material further terms and conditions and disclosures relating to
the Contract are that:  Firstly, it is an arms-length purchase of
the Property by the Buyer.  Secondly, the proposed Contract is the
highest and best terms of any proposal offered for the purchase of
the Property after extensive marketing over several months.  The
current fair market value based on the foregoing evidence provided
by Redfin is roughly commensurate with the Sales Price at $326,150
as of the date of this filing.
  
Thirdly, there is a financing contingency which has been satisfied,
and a $3,000 deposit has been placed in escrow by the Purchaser.
The settlement agency is Harvest as noted above and any Order on
the Motion will include duties on the Settlement Agent relative to
providing a timely CD and as to any timely closing instructions
from the lender or title insurer.  Fourth, the home inspection
contingency was waived by the Buyer.  Fifth, there is by Addendum a
3% seller credit of $9,840 toward Buyer's settlement costs, plus
additional seller credits per addenda totaling $4,600 related to
the Buyer's rate lock extensions.  Sixth, there is no further right
for the Purchaser to cancel by any deadline, all having passed.
Seventh, the Contract presents the Property "as is" with disclosure
by the Debtors to the Buyer of water damages at the Property.
Eighth, there is an appraisal contingency which has been satisfied.
Ninth, transfer and recordation taxes are prorated between Debtors
and Buyer.  Tenth, the Contract approval is subject as it must be
to a Bankruptcy Court approval addendum contingency.  Although the
Addendum provides the Contract is subject to nullification if 30
days after the Contract Acceptance Bankruptcy Court approval has
not yet been obtained, that has been waived and there is a General
Addendum extending dates for settlement to June 30, 2020.   

Upon information and belief, the Debtors believe the purchase price
of $328,000 is a fair and reasonable price for the Property.
Nationstar, the only lien of record on the Property, will be paid
in full at the time of closing.  

Further, pursuant to the requirements of Local Rule 6004-1, the
following disclosures are made:

     a. The scheduled value of the Property is $230,000 (which was
based upon an opinion of value by the Debtors as owners in 2011)
and the Contract's value is $328,000 based upon extensive marketing
on the open market with corroborating valuation sources
identified.

     b. The Purchaser has no prior connection with the Debtors.
The Purchaser was procured through Homewise Realty Services, LLC as
Debtors' realtor and Fairfax Realty Eline as the Purchaser's
realtor.

     c. The consideration to be paid by the Purchasers is $328,000
through a deposit of $3,000, with the remainder to be paid through
a lump sum payment to be made in cash or financing at time of
settlement, as per the terms of the Contract.

     d. An objection will need be filed within the date set forth
on the below, which will not be less than 21 days for the date of
the notice.  Hearing matters if an objection is filed.

A hearing on the Motion is set for June 29, 2020 at 11:00 a.m.

A copy of the Contract is available at https://tinyurl.com/y8vqqfrr
from PacerMonitor.com free of charge.

Riley John Beard and Reginia Lorraine Beard, in Aquasco, Maryland,
filed for Chapter 11 bankruptcy (Bankr. D. Md. Case No. 10-38621)
on Dec. 21, 2010.  In their petition, the Beards were estimated to
have $1 million to $10 million in both assets and debt.  John
Douglas Burns, Esq., at The Burns Law Firm, LLC, serves as
bankruptcy counsel.


RONALD L. JOHNSON: Selling San Jose Property for $2.32 Million
--------------------------------------------------------------
Ronald Leon Johnson and Michele Joanne Johnson ask the U.S.
Bankruptcy Court for the Northern District of California to
authorize the sale of their residence at 20691 View Oaks Way, San
Jose, California to Chih-Lung Huang and Yi Qiong Xu for $2.32
million.

A hearing on the Motion is set for June 24, 2020 at 2:00 p.m.

The assets of Debtors include the Property.  The Assessor's Parcel
Number of the Property is 701-26-026.  It is described as follows:
Lot 10, as shown on that certain Map entitled “Tract No. 4753”,
which Map was filed for record in the Office of the Recorder of the
County of Santa Clara, State of California, on Oct. 27, 1969, in
Book 260 of Maps page(s) 50-51.

The Property consists of a 4 bedrooms, 2.5 baths home of 2.73-acre
lot.

On March 15, 2004 Debtors executed a note in favor of Washington
Mutual Bank in the original amount of $1.2 million secured by a
first trust deed on the Property.  The first trust deed was
recorded on March 24, 2004 as Document No. 17679686.  After various
assignments, the beneficial interest in the trust deed is held by
Deutsche Bank National Trust Co. as Trustee for WAMU Mortgage Pass
Through Certificates Series 2004-AR3.

Pursuant to Proof of Claim 3 filed in the case, the Debtors are
informed and believe that the balance of the 1st Note was $872,183
as of the petition date inclusive of $74,600 in arrears.  The
current monthly payments are $6,599.  The Debtors have made one
post-petition payment.  They estimate that the amount to be owed as
of the projected closing date of Aug. 26, 2020 will be $897,275.
In addition, it appears that Deutsche Bank National Trust Co.
advanced $9,747 in post-petition property taxes due by June 30,
2020 bringing the estimated balance to $907,022.

The Property is further encumbered by a note secured by a second
trust deed on the Property in favor of J.P. Morgan Chase Bank
recorded on Jan. 25, 2005 as Document No. 18203140.

Pursuant to Proof of Claim No. 10 filed in the case, the balance of
the petition date was $359,669 inclusive of pre-petition arrears of
$31,420.29. The post-petition payments are $3,156.  The Debtors
have not made any post-petition payments.  They estimate that the
payoff as of the projected closing date of Aug. 26, 2020 will be
$371,465.

The preliminary title policy from Chicago Title Co. dated May 20,
2020 reflects a deed of trust dated July 21, 2017 in favor of Bob
Stamatatos in the amount of $200,000.  However, the Debtor has
provided proof of wired funds in the amount of $215,303 on May 30,
2018 to American Title.  It appears that the re-conveyance was not
yet identified by Chicago Title Company or was never recorded.

The preliminary title policy from Chicago Title Co. dated May 20,
2020 further reflects an abstract of judgment in favor of American
Express recorded on Feb. 16, 2018 in Santa Clara County records as
Document No. 23869938 for an underlying judgment in the amount of
$55,184 entered on Nov. 13, 2017.  The Debtor schedules American
Express obligations and it filed three proofs of claim, all
unsecured. Becket and Lee, representing American Express, could not
yet be reached for clarification.  The abstract however appears
valid and this motion treats it as being paid from the proceeds of
sale.  The estimated payoff, including post-judgment interest to
the projected closing date is $70,560.

The Internal Revenue has a lien for unpaid 2016 taxes. Pursuant to
Proof of Claim No. 2 the Internal Revenue Service filed a secured
claim for $35,255.  Inclusive of post-petition interest, debtor
estimates that the payoff as of the projected closing date will be
$36,230.

The Debtors listed the Property for sale with PHP Group, Inc. for
$2.4 million.  They were under a prior contract with Julia
Mulkiewicz Shaw Trust for the sale of the Property for $2,375,000.
The Shaw Trust Buyer backed out when the shelter in place orders
came down and the stock market had its precipitous decline.  Since
then, the Debtors received numerous offers but between $2 million
and $2,245,000.

Jing Ma of Compass brought Chih-Lung Huang and Yi Qiong Xu as the
Buyers ready and willing to purchase the Property for $2,320,000
payable through a new loan for $1.5 million, the balance due on
closing in cash from savings and the sale of their current
residence.

The Escrow has been opened at Chicago Title Company, 675 1st St.,
Ste. 300 San Jose, CA 95112; 408 292-4212.  The escrow officer is
Ann Dinh.  The escrow number is FWPS-2996200882MA.

The Sellers' Closing Costs ($128,095) are as follows: (i)Transfer
Taxes - $2,924; (ii) Commissions: Listing - $58,000; and Selling -
$58,000; (iv) Escrow Charges - $2,150; (v) Title - $3,907; (vi)
Notary fees - $175; (vii) Recording fees - $650; (viii) NHDS - $99;
(ix) Home warranty - $805: (x) Pest inspection & Home inspection -
$1,290; (xi) CALFIRPTA Processing Fee - $45; and (xii) Courier Fees
$50.

The estimated net proceeds of sale is $842,858: (i) Closing costs -
$128,095; (ii) 1st Trust Deed - $907,022; (iii) 2nd trust deed
$371,465; (iv) American Express - $70,560; and (v) IRS - $36,230.

The Debtors total unsecured debt is $482,743.  They will hold the
net proceeds of sale in their DIP account pending confirmation or
dismissal of the case.

The Debtors respectfully ask that the Court (1) authorizes the sale
to Chih-Lung Huang and Yi Qiong Xu for $2.32 million; (2)
conditions the sale on the payoff in full of all trust deeds, liens
and abstracts of judgement of record as set forth; (3) approves the
ordinary closing costs including commissions as set forth; and (iv)
orders that Debtor retains all net proceeds of sale in their Debtor
in possession account pending further order of the Court or payment
pursuant to confirmation of a plan.

Ronald Leon Johnson and Michele Joanne Johnson sought Chapter 11
protection (Bankr. N.D. Cal. Case No. 19-52488) on Dec. 11, 2019.


RUM RUNNERS: Seeks to Hire Newmark Southern as Real Estate Broker
-----------------------------------------------------------------
Rum Runners Saloon, Inc. seeks authority from the U.S. Bankruptcy
Court for the Western District of Pennsylvania to employ a real
estate broker.

Debtor is attempting to sell or lease their property, located at
3379 – 3385 Babcock Blvd., Pittsburgh, PA, through a broker,
David Glickman, assignee of Newmark Southern Region, LLC a Georgia
limited liability company d/b/a Newmark Knight Frank.

Commission amount will be 6 percent of the total rent of the
initial lease term if the tenant is represented by a real estate
broker/agent and 4 percent of the total rent of the initial lease
term if the tent is not represented by an agent other than David
Glickman.

Broker has no connection with the Debtor's creditors, or any other
party in interest, their respective attorneys and accountants, the
United States Trustee, or any person employed in the office of the
United States Trustee, according to court filings.

The firm can be reached through:

     David Glickman
     Newmark Southern Region, LLC
     3424 Peachtree Rd NE Ste 800
     Atlanta, GA 30326-2838

               About Rum Runners Saloon

Based in Pittsburgh, Rum Runners Saloon, Inc. filed a Chapter 11
bankruptcy petition (Bankr. W.D. Pa. Case No. 19-24682) on Dec. 3,
2019, disclosing under $1 million in both assets and liabilities.
Judge Gregory L. Taddonio oversees the case.  The Debtor is
represented by Brian C. Thompson, Esq., at Thompson Law Group, P.C.


RYFIELD PROPERTIES: May Continue Cash Collateral Use Until June 19
------------------------------------------------------------------
Judge Christopher Alston of the U.S. Bankruptcy Court for the
Western District of Washington authorized Ryfield Properties, Inc.
to use cash collateral through June 19, 2020 on an interim basis.

A final hearing regarding the use of cash collateral will take
place on June 19 at 9:30 a.m.

As adequate protection, each of the Secured Creditors are granted
replacement liens in the Debtor's post-petition cash, accounts
receivable and inventory, and the proceeds of each of the
foregoing, to the same extent and priority as any duly perfected
and unavoidable liens in cash collateral held by the respective
Secured Creditors as of the Petition Date, limited to the amount of
any cash collateral of the respective Secured Creditors as of the
Petition Date, to the extent that any cash collateral of the
respective Secured Creditors is actually used by the Debtor. The
Adequate Protection Liens do not include, without limitation, a
lien on avoidance action proceeds.

The Debtor is required to provide to the Secured Creditors all
interim statements and operating reports required to be submitted
to the Office of the U.S. Trustee. In addition, the Debtor will
provide to the Secured Creditors, a report reflecting actual
revenues and expenses for the prior week, as compared to the Budget
for that week.

The Debtor is also directed to maintain insurance on its assets as
the same existed as of the Petition Date and provide evidence of
the same to Secured Creditors upon request.

                About Ryfield Properties Inc

Ryfield Properties, Inc. is a privately held company in the
quarrying business. The company sought protection under Chapter 11
of the Bankruptcy Code (Bankr. W.D. Wash. Case No. 20-11360) on May
7, 2020.  The petition was signed by Katy Rygaard, principal.  The
Debtor is represented by Faye C. Rasch, Esq. at LAW OFFICE OF FAYE
C. RASCH.  At the time of filing, the Debtor was estimated to have
$1 million to $10 million in assets and liabilities.



SAMI SELIM PALA: Proposes Sale of CSM's Wayne Property
------------------------------------------------------
Sami Selim Pala and Gulsum Cakir Pala ask the U.S. Bankruptcy Court
for the District of New Jersey to (i) authorize the short sale by
Debtor Sami Pala's solely-owned LLC, CSM Property Investments, LLC,
of the real property at 219 Valley Road, Wayne, New Jersey, in the
ordinary course of business or, in the alternative, the short sale
by the Debtor Sami Selim Pala of said real property; and (ii)
authorize the payment of real estate commissions and closing
costs.

The Debtors have requested a hearing date on shortened Notice.  It
is anticipated that any hearing, if necessary, might at the
discretion of the Court be held electronically via
Court-Solutions.com.  Objections, if any, must be filed seven days
prior to the hearing date.

Per the proposed form of Order, the Debtors are asking the Court to
make the Order authorizing the short sale effective upon entry,
thus waiving the 14-day stay of the proposed order per Fed. Bankr.
Rule 6004(h), to permit the short sale to timely close.

Counsel for the Debtors:

          Thaddeus R. Maciag, Esq.
          MACIAG LAW, LLC
          475 Wall Street
          Princeton, NJ 08540
          Telephone: (908) 704-8800

The bankruptcy case is In re Sami Selim Pala and Gulsum Cakir Pala,
(Bankr. D.N.J. Case No. 19-26210-JKS).


SEANERGY MARITIME: Reduces Exercise Price of Class D Warrants
-------------------------------------------------------------
On April 2, 2020, in a public offering, Seanergy Maritime Holdings
Corp. issued the Class D Warrants and the issuance of common shares
upon exercise of the Class D Warrants is registered under the
Company's registration statement on Form F-3 (Registration No.
333-237500).  On June 8, 2020, the Company adjusted the exercise
price per common share pursuant to the terms of its outstanding
Class D Warrants from $0.12 to $0.10, effective with respect to any
exercise of the Class D Warrants occurring on or after June 8,
2020.

            Supplemental U.S. Federal Tax Considerations

The U.S. federal income tax consequences of the Adjustment are not
entirely clear.  The Adjustment generally would result in an
increase in a warrantholder's proportionate interest in the
Company's fully diluted common shares, as a result of which the
warrantholder may be treated as having received a constructive
distribution, which may be taxable to U.S. warrantholders as a
dividend.  Warrantholders are urged to discuss with their tax
advisors the U.S. federal income tax consequences of the
Adjustment, as well as any state, local and non-U.S. tax
consequences.

                  Warrant Exercise Agreements

As previously disclosed, on April 22, 2020, May 4, 2020 and May 7,
2020, the Company issued, to certain institutional investors in
transactions exempt from registration under the Securities Act of
1933, as amended, certain warrants to purchase its common shares,
at an exercise price of $0.12 per common share.  The common shares
issuable upon exercise of the Private Warrants were subsequently
registered for resale by the holders of the Private Warrants on a
registration statement on Form F-3 (File No. 333-238136) which
became effective on May 18, 2020.  On June 8, 2020, the Company
entered into a warrant exercise agreement with each holder of the
Private Warrants, pursuant to which such holders agreed to exercise
the Private Warrants, effective on June 8, 2020, to purchase
58,764,000 common shares, and the Company agreed to reduce the
exercise price of the Private Warrants to $0.10 per common share
solely with respect to the exercise of the Private Warrants
pursuant to those agreements.  Except with respect to the exercise
of the Private Warrants on June 8, 2020 pursuant to such
agreements, the exercise price and all other terms of the Private
Warrants remain unchanged.  The holders of Private Warrants party
to those agreements have also agreed to exercise, on June 8, 2020,
Class D Warrants held by them to purchase 9,824,750 of the
Company's common shares.  The Company expects to receive aggregate
gross proceeds of $6,858,875 as a result of the exercise of Private
Warrants and Class D Warrants pursuant to those agreements.

Giving effect to the exercise of warrants pursuant to the warrant
exercise agreements entered into on June 8, 2020, (i) none of the
warrants issued by the Company in private placements on April 14,
2020, April 22, 2020, May 4, 2020 and May 7, 2020 will remain
outstanding, (ii) 6,834,250 of the Company's Class D Warrants, each
exercisable to purchase one common share at an exercise price of
$0.10, will be outstanding, and (iii) 477,832,689 of the Company's
common shares will be issued and outstanding.

Maxim Group LLC acted as financial advisor to the Company.

                      About Seanergy Maritime

Greece-based Seanergy Maritime Holdings Corp. --
http://www.seanergymaritime.com/-- is an international shipping
company that provides marine dry bulk transportation services
through the ownership and operation of dry bulk vessels.  Seanergy
provides marine dry bulk transportation services through a modern
fleet of 10 Capesize vessels, with a cargo-carrying capacity of
approximately 1,748,581 dwt and an average fleet age of
approximately 11 years.  The Company is incorporated in the
Marshall Islands and has executive offices in Athens, Greece and an
office in Hong Kong.

Seanergy Maritime reported a net loss of US$11.70 million for the
Dec. 31, 2019, a net loss of US$21.06 million for the year ended
Dec. 31, 2018, and a net loss of US$3.23 million for the year ended
Dec. 31, 2017.  As of Dec. 31, 2019, the Company had US$282.55
million in total assets, US$252.69 million in total liabilities,
and US$29.86 million in total stockholders' equity.

Ernst & Young (Hellas) Certified Auditors Accountants S.A., in
Athens, Greece, the Company's auditor since 2012, issued a "going
concern" qualification in its report dated March 5, 2020 citing
that the Company has a working capital deficiency and has stated
that substantial doubt exists about the Company's ability to
continue as a going concern.  In addition, the Company has not
complied with a certain covenant of a loan agreement with a bank.


SIMBECK INC: $400K Sale of Five Freightliner Day Cabs Approved
--------------------------------------------------------------
Judge Rebecca B. Connelly of the U.S. Bankruptcy Court for the
Western District of Virginia authorized Simbeck, Inc.'s private
sale of five Freightliner day cabs, more fully described on Exhibit
B, to Crosby Trucking Services, Inc. for $400,00 or $80,000 each.

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

At closing, the Debtor is authorized and directed to remit to
Commercial Credit Group the Sale Price of $400,000.  Upon CCG's
receipt of the $400,000 in sale proceeds, CCG will take such
further action as may be required to release its lien on the titles
to the Day Cabs.

The Debtor is authorized to purchase the Trailers from CCG for the
Purchase Price of $445,000, and to incur new debt in order to fund
such purchase pursuant to the terms set forth in the Order and in
the Motion.  The form of loan documents attached to the Motion as
Exhibit D and the terms set forth therein are approved.  The Debtor
is authorized to take all actions necessary, including, but not
limited to, the execution of the loan documents, to close the sale
of the Trailers and the new loan from CCG.

The Order is effective immediately upon entry and will not be
stayed by the provisions of Federal Rule of Bankruptcy Procedure
6004(h) or any other applicable statue or rule.

A copy of the Exhibit B is available at
https://tinyurl.com/yd32266w from PacerMonitor.com free of charge.

                      About Simbeck Inc.

Simbeck, Inc., 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 filed a Chapter 11 petition (Bankr. W.D. Va. Case No.
19-50868) on Oct. 1, 2019, in Harrisonburg, Va.  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 oversees the
case.  The Debtor tapped Hoover Penrod, PLC, as its legal counsel
and Haines, Greene & Yowell Tax Service as its accountant.


SM ENERGY: Responds to Inquiries Regarding Exchange Offers
----------------------------------------------------------
In connection with SM Energy Company's previously announced private
exchange offers in respect of its outstanding 6.125% Senior Notes
due 2022, 5.0% Senior Notes due 2024, 5.625% Senior Notes due 2025,
6.75% Senior Notes due 2026 and 6.625% Senior Notes due 2027, the
Company received on June 4, 2020, a letter from counsel purporting
to represent certain holders of Senior Notes inquiring (i) whether
the new senior secured notes that the Company expects to issue upon
the closing of the Exchange Offers are contemplated under the
definition of "Credit Facilities" in the indentures governing the
Senior Notes and (ii) as to available capacity under the provisions
in the indentures governing the Senior Notes linked to its
"Adjusted Consolidated Net Tangible Assets."

On June 8, 2020, the Company's counsel responded in writing to
confirm that (i) the new senior secured notes that the Company
expects to issue upon the closing of the Exchange Offers are
contemplated under the definition of "Credit Facilities" in the
indentures governing the Senior Notes and (ii) the Company would
have sufficient capacity to issue such new senior secured notes
under the provisions in the indentures governing the Senior Notes
linked to its "Adjusted Consolidated Net Tangible Assets."

                        About SM Energy

SM Energy Company -- http://www.sm-energy.com/-- is an independent
energy company engaged in the acquisition, exploration,
development, and production of crude oil, natural gas, and NGLs in
the state of Texas.

SM Energy recorded a net loss of $187 million for the year ended
Dec. 31, 2019.

                          *    *    *

As reported by the TCR on May 5, 2020, Moody's Investors Service
downgraded SM Energy Company's Corporate Family Rating to Caa1 from
B3.  The downgrade reflects the company's intention to issue new
secured debt to exchange for up to $1,681 million of its senior
unsecured notes at a 35% to 50% discount to par, a transaction
Moody's views as a distressed exchange and thus, a default.

Also in May 2020, Fitch Ratings downgraded SM Energy Company's
Issuer Default Rating to 'C' from 'B-' following the company's
announcement of an offer to exchange a series of senior secured
notes for new second lien notes.


SOUTH AFRICAN AIRWAYS: Spends $539 Million Since Bankruptcy Filing
------------------------------------------------------------------
South African Airways (SAA) has spent just under 10 billion rand
($539.94 million) since it entered business rescue, a form of
bankruptcy protection, Business Rescue practitioners said.

The troubled national airline, which has not made a profit since
2011 and is dependent on government bailouts to remain solvent,
entered business rescue in December in a last-ditch bid to save the
company.

"In terms of the amount of money that has been utilized… by the
airline from the fifth of December to the end of April we indicate
that the total spend was 9.9 billion rand," Siviwe Dongwana, a
member of the business rescue practitioners' team appointed to
turnaround SAA told lawmakers on Friday. ($1 = 18.5207 rand)

                  About South African Airways

South African Airways is Africa's leading airline.  It operates as
an airline facility.  The Company provides domestic and
international travel services and serves customers worldwide.  It
transports passengers and cargo to and from around 35 cities in 25
countries.  It operates a fleet of about 50 jets, consisting of
both Airbus and Boeing models, from its hub in Johannesburg.  SAA
is a member of the Star Alliance network and it serves as South
Africa's primary international airline.  The government of South
Africa owns SAA, which began operations in 1934.



STAGE STORES: Akerman LLP Represents Spirit GO, Crossroads
----------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Akerman LLP submitted a verified statement that it
is representing Spirit GO Peoria IL, LLC and Crossroads Greenville
Properties, Ltd. in the Chapter 11 cases of Stage Stores, Inc., et
al.

On or about May 11, 2020, Akerman was retained to represent Spirit
GO Peoria IL, LLC, landlord of the Gordmans store located at 7611
North Grand Prairie Drive, Peoria, Illinois 61615. On or about May
14, 2020, Akeman was retained to represent Crossroads Greenville
Properties, Ltd., landlord of the Bealls store located at 6834
Wesley Street, Greenville, Texas 75402.

Akerman represents only the Landlords in the Chapter 11 Cases.

As of June 4, 2020, each Landlord and their disclosable economic
interest are:

Spirit GO Peoria IL, LLC
2727 N. Harwood Street, Suite 300
Dallas, TX 75201

* Nature of Claim/Interest: Lease
* Amount of Claim or Interest: Contingent/unliquidated pending
                               Debtors' determination regarding
                               whether to assume or reject

Crossroads Greenville Properties, Ltd.
10850 Wilshire Boulevard, Suite 1250
Los Angeles, CA 90024

* Nature of Claim/Interest: Lease
* Amount of Claim or Interest: Contingent/unliquidated pending
                               Debtors' determination regarding
                               whether to assume or reject

Nothing contained in this Verified Statement is intended or shall
be construed to constitute (i) a waiver or release of the rights of
the Landlords to have any final orders entered by, or other
exercise of the judicial power of the United States performed by,
an Article III court; (ii) a waiver or release of the rights of the
Landlords to have any and all final orders in any and all non-core
matters entered only after de novo review by a United States
District Judge; (iii) consent to the jurisdiction of the Court over
any matter; (iv) an election of remedy; (v) a waiver or release of
any rights the Creditors may have to a jury trial; (vi) a waiver or
release of the right to move to withdraw the reference with respect
to any matter or proceeding that may be commenced in the Chapter 11
Cases against or otherwise involving the Landlords; or (vii) a
waiver or release of any other rights, claims, actions, defenses,
setoffs or recoupments to which the Landlords may be entitled, in
law or in equity, under any agreement or otherwise, with all of
which rights, claims, actions, defenses, setoffs or recoupments
being expressly reserved.

Akerman reserves the right to amend or supplement this Verified
Statement in accordance with the requirements of Bankruptcy Rule
2019.

Counsel for Spirit GO Peoria IL, LLC and Crossroads Greenville
Properties, Ltd. can be reached at:

          David Parham, Esq.
          John Mitchell, Esq.
          Michael Napoli, Esq.
          Yelena Archiyan, Esq.
          AKERMAN LLP
          2001 Ross Avenue, Suite 3600
          Dallas, TX 75201
          Telephone: (214) 720-4300
          Facsimile: (214) 981-9339
          Email: david.parham@akerman.com
                 john.mitchell@akerman.com
                 michael.napoli@akerman.com
                 yelena.archiyan@akerman.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/3Yetxa and https://is.gd/l90xsm

                    About Stage Stores Inc.

Stage Stores, Inc. (SSI) and its affiliates --
http://www.stagestoresinc.com/-- are apparel, accessories,  
cosmetics, footwear, and home goods retailers that operate
department stores under the Bealls, Goody's, Palais Royal, Peebles,
and Stage brands and off-price stores under the Gordmans brand.
Stage Stores operates approximately 700 stores across 42 states.
Stage's department stores predominately serve small towns and rural
communities, and its off-price stores are mostly located in
mid-sized Midwest markets.

Stage Stores, Inc. and affiliate Specialty Retailers, Inc., sought
Chapter 11 protection (Bankr. S.D. Tex. Lead Case No. 20-32564) on
May 10, 2020.

The Company disclosed $1,713,713,000 of total assets and
$1,010,210,000 of total debt as of Nov. 2, 2019:

The Hon. David R. Jones is the case judge.

The Debtors tapped KIRKLAND & ELLIS LLP as bankruptcy counsel;
JACKSON WALKER L.L.P. as local bankruptcy counsel; PJ SOLOMON,
L.P., is investment banker; BERKELEY RESEARCH GROUP, LLC as
restructuring advisor; and A&G REALTY as real estate consultant.
GORDON BROTHERS RETAIL PARTNERS, LLC, will manage the Company's
inventory clearance sales.  KURTZMAN CARSON CONSULTANTS LLC is the
claims agent.


STREBOR SPECIALTIES: MTN Enterprises Buying Supplies for $23K
-------------------------------------------------------------
Strebor Specialties, LLC, asks the U.S. Bankruptcy Court for the
Southern District of Illinois to authorize the sale of supplies and
chemicals, as more particularly described on Exhibit A, to MTN
Enterprises for $23,203, subject to overbid.

At the time it filed the Chapter 11 case, the Debtor owned the
Supplies.  Due to the COVID-19 pandemic and market fluctuations,
the Debtor has made the difficult decision to cease operations and
liquidate its assets in an orderly fashion for the benefit of its
creditors.  

After marketing its assets to various entities, the Debtors engaged
in good-faith negotiations and has secured an offer from the
Purchaser to purchase the Supplies for $23,203.

By the Motion, the Debtor asks the Court to enter of an Order
authorizing it to (i) sell the Supplies to the Purchaser free and
clear of all liens, claims and encumbrances, with such liens,
claims and encumbrances to attach to the sale proceeds, to the
highest bidders at the Sale Hearing, if competing bids are
received; and (ii) authorizing it to execute and deliver any
documents, agreements, bills of sale, deeds, certificates of title,
affidavits, or other similar instruments to facilitate the Sale of
the Supplies to the successful bidders at the Sale.   

The Debtor has determined that, in its business judgment, the sale
of the Supplies to the Purchaser at the Sale is in the best
interest of its Chapter 11 estate and its creditors.  The proposed
Sale of the Supplies will be for fair and reasonable consideration,
and is in good faith in that the Sale will be an auction with the
opportunity for competitive bidding if objections or competing bids
are received.

To facilitate a prompt closing of the Sale(s), the Debtor ask that
the time period set forth in Bankruptcy Rule 6004(h) be waived and
that the order approving the Sale hereunder be immediately final.

A copy of the Exhibit A is available at
https://tinyurl.com/y82sboym from PacerMonitor.com free of charge.

                   About Strebor Specialties

Strebor Specialties, LLC, is a Dupo, Illinois-based small to medium
liquid filler with capabilities to do aerosol, liquid, and oil
filling.

Strebor Specialties sought bankruptcy protection (Bankr. S.D. Ill.
Case No. 20-30262) on March 10, 2020.  The petition was signed by
its manager, Otto D. Roberts, Jr.  At the time of the filing, the
Debtor disclosed total assets of $1,031,229 and total liabilities
of $6,285,898.

The Debtor tapped Steven M. Wallace of Silver Lake Group, Ltd., as
its attorney.


SUMMIT MIDSTREAM: S&P Downgrades ICR to 'CCC'; Outlook Negative
---------------------------------------------------------------
S&P Global Ratings lowered the issuer credit rating on Summit
Midstream Partners L.P. (SMLP) to 'CCC' from 'B' after it closed
the acquisition of Summit Midstream Partners LLC (Summit
Investments), the owner of its general partner Summit Midstream
Partners Holdings LLC (SMP Holdings), in a simplification
transaction on May 28, 2020. The outlook is negative.

S&P is lowering its issue-level rating on Summit Midstream Holdings
LLC's senior unsecured debt to 'CCC-' from 'B-', reflecting its '5'
recovery rating. The '5' recovery rating reflects S&P's expectation
of modest (10%-30%; rounded estimate: 20%) recovery in the event of
a default.

The rating agency is also lowering its rating on SMLP's preferred
stock to 'C' from 'CCC', two notches below SMLP's issuer credit
rating to reflect its subordination within the capital structure,
and one additional notch for deferability.

SMP Holdings is now a nonstrategic subsidiary of the partnership
and will be rated in line with the issuer credit rating on SMLP. As
a result, S&P is lowering the issuer credit rating on SMP Holdings
to 'CCC' from 'B-'. The outlook is negative.

S&P is also lowering the issue-level rating on SMP Holdings' senior
secured debt to 'CC' from 'B-', reflecting its '6' recovery rating
and the structural subordination in the pro forma capital
structure. The debt at SMP Holdings will be structurally
subordinated to all other debt in SMLP's consolidated capital
structure, because this debt has no guarantees and is non-recourse
to SMLP. The '6' recovery rating reflects S&P's expectation of
negligible (0%-10%; rounded estimate: 0%) recovery in the event of
a default.

S&P believes the transaction to simplify the organizational
structure supports SMLP's credit quality. However, there are other
underlying factors that support S&P's ratings transition to 'CCC'.
Specifically, the company's publicly stated quarter by quarter
approach on whether to service SMP Holdings' term loan obligation
draws into question a near-term selective default if the
partnership opts to not meet its general partner's debt obligation.
Furthermore, while the series A preferred unit distribution
suspension will enable the partnership to retain additional cash in
the business, S&P could also view the deferral as a selective
default if it believed the investors will not receive payment in
full (plus any accrued interest where applicable) within one year
of the deferral. S&P currently does not view the preferred unit
distribution deferral as a default on the obligation, because the
accrued obligation is approximately $28.5 million for the next
12-months, which the rating agency believes SMLP has the ability to
pay without stressing its credit profile. S&P will reevaluate its
view on the preferred payment as the deferral period approaches
12-months.

S&P thinks SMLP's underlying business compared with other 'CCC'
rated midstream peers is stronger. SMLP's leverage, while elevated,
is more conservative than other 'CCC' rated midstream entities. The
partnership had ample liquidity through the first quarter, and its
cash flows remain approximately 45% minimum volume commitment
(MVCs) backed through 2023. The partnership remains committed to
its growth project, the Double E Pipeline (planned to go into
operation in the third quarter of 2021), which will add additional
long-term fixed fee cash flows while partially offsetting the MVCs
that are beginning to roll off. If the partnership is able to
successfully refinance the 2022 maturities while continuing to
service the SMP Holdings term loan obligation, S&P could consider a
positive rating action.

"In our view, the transaction removes a less-supportive financial
sponsor, however, SMLP is essentially borrowing money to buy an
entity with no cash flow while layering in approximately $190
million of additional debt," S&P said.

The $158.2 million SMP Holdings term loan and the $35 million
Energy Capital Partners loan (together approximately $190 million
of additional debt) will now burden SMLP's balance sheet and
stretch credit metrics as it looks to position itself to refinance
approximately $1 billion of debt maturities coming due in 2022
($698 million drawn as of March 31, 2020, on the unrated revolving
credit facility plus $300 million under the 2022 notes). While the
ECP loan does provide additional liquidity to the partnership, the
loan bears 8% interest and infers ECP is attempting to move up the
capital structure in the event of a restructuring.

The partnership has made progressive steps to retain cash by
suspending distributions on both the preferred and common units and
will retain an incremental approximately $76 million per year. The
2020 capital expenditure budget was also cut, to $30 million-$50
million. Finally, the partnership reduced its common unit float by
54.2%, materially increasing the equity value on a per-unit basis
for its public unit holders. These actions, while credit
supportive, are partially offset by the set of assets that continue
to lag through the first quarter of 2020, despite supportive growth
prospects in the Utica and Permian basins.

SMP Holdings, the general partner, is now a subsidiary of the
partnership. Historically, the common unit distributions and the
deferred purchase price obligation (DPPO) receivable serviced SMP
Holding's term loan. When the partnership suspended distributions
and purchased the DPPO receivable (through its ownership of Summit
Investments), SMP Holdings' cash flow came under pressure. There
will be low visibility into the flow of funds that will service the
term loan debt obligation, especially if the DPPO payment is
waived. Despite SMP Holdings' holding ownership of the DPPO
receivable, it does not have the right to claw back any assets or
businesses of SMLP as any direct pledged collateral.

S&P forecasts SMLP will achieve an adjusted 2020 EBITDA base
between $250 million and $265 million and adjusted debt to EBITDA
ratio in the 7.0x-7.5x range.

"The negative outlook reflects our view that the partnership still
faces several hurdles with its capital structure over the next 12
months. Despite somewhat stable operations and adequate liquidity
levels, we expect the partnership to remain under pressure with the
overhang of its general partner's term loan obligation and elevated
refinancing risk with the partnership's 2022 maturities," S&P said.
The rating agency forecasts adjusted 2020 debt to EBITDA in the
7.0x-7.5x range.

S&P could lower its rating on SMLP if the partnership announced it
would restructure its general partner's debt or miss an interest or
amortization payment over the next 12 months.

S&P could consider a positive rating action if the partnership
successfully refinanced its upcoming maturities while continuing to
service its general partner's term loan obligation.


THG PROPERTIES: Allowed to Use Cash Collateral on Interim Basis
---------------------------------------------------------------
Judge Frank Bailey of the U.S. Bankruptcy Court for the District of
Massachusetts authorized THG Properties LLC. on an interim basis,
to collect and use those prepetition assets in which Avidia Bank
claims a security interest, including any proceeds of prepetition
accounts receivable, rent and cash on hand.

A hearing to consider further use of collateral is scheduled for
June 23, 2020 at 11:30 a.m. By June 16, the Debtor must file a
motion for further use of cash collateral, along with a new budget
and a reconciliation of its actual receipts and disbursements
against the current budget. Any objections must be filed by June 22
at 4:30 p.m.

As adequate protection to Avidia Bank:

      (a) The Debtor will grant to Avidia a continuing replacement
lien and security interest in the post-petition accounts receivable
generated from the building leases to the same validity, extent and
priority that it would have had in the absence of the bankruptcy
filing.

      (b) The Debtor will remain within its Budget, within an
overall margin of 10%.

      (c) The Debtor will monthly adequate protection payments to
Avidia in the amount of $14,375.

      (d) The Debtor will ensure that its affiliate, Town
Hospitality, Inc., makes its April, 2020 and May, 2020 monthly
interest payments in the amount of (a) $2,111, on account of its
loan obligation to Avidia and (b) $2,560, on account of its credit
card obligation to Avidia.

      (e) Commencing on June 15, and on the 15th day of each month
thereafter, the Debtor will file a monthly reconciliation of the
budgeted to actual receipts and disbursements for each weekly
period of the preceding calendar month.

THG Properties LLC is a Single Asset Real Estate debtor (as defined
in 11 U.S.C. Section 101(51B)).  The Company owns in fee simple an
inn and restaurant in Provincetown, MA having an appraised value of
$5.94 million.

THG sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. D. Mass. Case No. 20-10644) on March 5, 2020.  The petition
was signed by James Derosier, manager. The case is assigned to
Judge Frank J. Bailey. The Debtor is represented by David B.
Madoff, Esq. at MADOFF & KHOURY LLP. At the time of filing, the
Debtor had $5,988,300 in assets and $3,571,822 in debts.



TRB CARROLLTON: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Three affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

     Debtor                                               Case No.
     ------                                               --------
     TRB Carrollton Square, LLC                           20-31615
     1111 South Main Street, Suite 1210
     Carrollton, TX 75006

     TRB Arlington, LLC                                   20-31616
       DBA Twisted Root Burger
     310 E. Abram, Ste. 100
     Arlington, TX 76010

     TRB Main Street Coppell, LLC                         20-31617
     505 Houston Street
     Coppell, TX 75019

Business Description: The Debtors operate Twisted Root Burger
                      restaurants in Texas.  The recent COVID-19
                      outbreak and the resulting economic slowdown

                      generally and dine-in restaurant occupancy   

                      restrictions specifically have created
                      financial difficulties which have forced the

                      Debtor to seek relief.

Chapter 11 Petition Date: June 8, 2020

Court: United States Bankruptcy Court
       Northern District of Texas

Debtors' Counsel: John P. Henry, Esq.
                  HENRY & REGEL, LLC
                  2100 Ross Ave.
                  Suite 800
                  Dallas, TX 75201
                  Tel: 972-299-8445
                  Email: John@henryregel.com

TRB Carrollton's
Total Assets as of March 31, 2020: $289,165

TRB Carrollton's
Total Current Liabilities as of March 31, 2020: $192,827

TRB Arlington's
Total Assets as of March 31, 2020: $223,402

TRB Arlington's
Total Liabilities as of March 31, 2020: $179,043

TRB Main Street's
Total Assets as of March 31, 2020: $681,162

TRB Main Street's
Total Liabilities as of March 31, 2020: $459,890

The petitions were signed by Jason Boso, president and manager.

Copies of the petitions containing, among other items, lists of the
Debtors' 20 largest unsecured creditors, are available for free at
PacerMonitor at:

                      https://is.gd/mt1gyd
                      https://is.gd/k0U5Tu
                      https://is.gd/JpZOJx


TRUDY'S TEXAS: Plans to Sell Trudy’s Tex-Mex in an Auction
------------------------------------------------------------
Britny Eubank, writing for KVUE, reports that Trudy's Texas Star
Inc., which owns South Congress Cafe and Trudy's Tex-Mex
restaurants, plans to sell Trudy's Tex-mex in an auction.

After filing for bankruptcy in January 2020, Trudy's Texas Star
owners are preparing to sell Trudy's Tex-Mex, according to a report
by the Austin Business Journal.

The report said that Trudy's Texas Star Inc. plans to
electronically file paperwork to set in motion an auction for the
company.  Trudy's plans to file applications for two national
brokers to help facilitate the auction sale, the report said.

Trudy's Texas Star Inc. filed a Chapter 11 petition in January
2020.  The attorney representing Trudy's told KVUE that the company
filed for bankruptcy in order to "preserve the brand that
Austinites have come to know, to pay the employees, to pay vendors
and to keep the loyalty of the customers who have sustained Trudy's
through since 1977."  He said the company was about $4 million in
debt, "give or take."

In late February 2020, a judge approved an emergency order for a
more than $300,000 loan so the company could pay back its over 200
employees.

                  About Trudy's Texas Star

Trudy's Texas Star, Inc., is an Austin-based company founded in
1977 and operates a chain of restaurants.  It offers foods and
drinks for on-premise consumption. Trudy's Texas Star serves
customers in the across the state.

Trudy's Texas Star TX, filed a Chapter 11 petition (Bankr. W.D.
Tex. Case No. 20-10108) on Jan. 22, 2020.  In the petition signed
by Stephen Truesdel, authorized representative, the Debtor was
estimated $1 million to $10 million in both assets and liabilities.


The Hon. Tony M. Davis oversees the case.

Stephen W. Sather, Esq., at Barron & Newburger, PC, serves as
bankruptcy counsel.


TRUDY'S TEXAS: Sets Bidding Procedures for Substantially All Assets
-------------------------------------------------------------------
Trudy's Texas Star, Inc. and Nofalia, Inc. ask the U.S. Bankruptcy
Court for the Western District of Texas to authorize the bidding
procedures in connection with the auction sale of all,
substantially all, or a portion of their assets.

Due to cash flow and financing difficulties exacerbated by the
COVID-19 pandemic, the Debtors have determined that a sale of
Assets is in the best interest of their estates, creditors, and
other parties in interest.  An expedited sales process will allow
them to realize the going concern value of their assets and
maximize recovery in these chapter 11 cases.  Indeed, the Court has
already held so in the Order Regarding Motion of Horizon Bank, SSB
for Relief from the Automatic Stay, in which the Court ruled that
the Debtor's had 7 days from May 18, 2020, to file a motion to
establish bidding and sale procedures for the sale of the Debtor's
assets, and 90 days from May 18, 2020 to have a final hearing
approving the sale of the Debtors’ assets.

Consistent with the Lift Stay Order, the Debtors have developed
global bidding and auction procedures for the efficient marketing,
auction, and sale of the Assets in an orderly and value-maximizing
manner.  The Bidding Procedures are intended to provide the Debtors
with flexibility to solicit proposals, negotiate transactions, hold
auctions, and consummate transactions for the highest or best
value, all for the benefit of their creditors.

The Debtors submit that the Bidding Procedures and the other relief
requested, if granted, will facilitate the sale of the Assets for
the highest or otherwise best value, preserve jobs for their
dedicated employees, and maximize recoveries for other parties in
interest.

By the Motion, the Debtors ask approval of the following:

     a. The Bidding Procedures Order, (1) Authorizing and approving
the Bidding Procedures in connection with the sale of the assets;
(2) Scheduling auction(s) of the Assets, if applicable to be held
on July 16, 2020, or as otherwise scheduled in accordance with the
Bidding Procedures; (3) Scheduling the Sale Hearing”) to consider
approval of the proposed Sale Transaction(s); (4) Authorizing and
approving the form and manner of (i) notice of the sale of the
Assets, Auction, and Sale Hearing; and (ii) notice to each
non-Debtor counterparty to the Contracts and Leases regarding the
Debtors' potential assumption and assignment of Contracts and
Leases and the Debtors' calculation of the amount necessary to cure
any monetary defaults under such Contracts and Lease; (5)
Authorizing and Approving the Assumption and Assignment Procedures;
and (6) Granting related relief; and

     b. Following entry of and compliance with the Bidding
Procedures Order, one or more orders, authorizing and approving the
following: (1) The sale of the Assets free and clear of all liens,
claims, interests, and encumbrances, except certain permitted
encumbrances to be determined by the Debtors and any purchaser of
the Assets, with liens, if any, to attached to the proceeds of the
applicable Sale Transaction(s); (2) The assumption and assignment
of proposed assumed Contracts and Leases in connection with the
Sale Transaction(s); and (3) Granting related relief.

To jump-start the marketing and sale process, the Debtors have
sought authority to retain and employ Hilco Real Estate, LLC and
Advanced Restaurant Sales ("Agents").  They believe that the
Agents, with their particular expertise and national reach, will
enable the Debtors to obtain the highest and best offer available
under the circumstances and exercise informed business judgment
with respect to competing offers or bids for the Assets.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: July 10, 2020 at 5:00 p.m. (CT)

     b. Initial Bid: Subject to the Debtors' discretion to consider
such bids, a Qualified Bid may include non-cash consideration,
including any credit bid.  A Qualified Bid must specify the amount
and form of any contingent or non-cash consideration.

     c. Deposit: An amount equal to the greater of (a) 5% of the
net present value of the proposed purchase price and (b) $25,000

     d. Auction: The Auction, if any, will be conducted via
teleconference at 2:00 p.m. (CT) on July 16, 2020 or at such other
time and location as designated by the Debtors after providing
notice to the Sale Notice Parties.  The Debtors will provide notice
of the dial-in information to all Qualified Bidders.

     e. Bid Increments: The Debtors will announce at the outset of
the Auction the minimum required increments for successive
Qualified Bids

     f. Sale Hearing: Aug. 17, 2020 at TBD (CT)

     g. Sale Objection Deadline: Aug. 10, 2020 at 11:59 p.m. (CT)

Within five business days after entry of the Bidding Procedures
Order, the Debtors will file with the Court, and serve on the Sale
Notice Parties, the Sale Notice.  The Debtors will make a
determination regarding which bids qualify as a Qualified Bid, and
will notify Prospective Bidders by no later than July 13, 2020.

The Debtors ask that the Court authorizes the sale of the Assets
free and clear of any liens, claims, interests, and encumbrances.

To implement the foregoing sale process successfully, the Debtors
ask a waiver of any stay of the order granting the relief requested
herein pursuant to under Bankruptcy Rules 6004(h) and 6006(d).  In
light of the Debtors' current financial condition, the Sale
Transaction(s) contemplated should be consummated as soon as
practicable to allow the Debtors to maximize value for their
estates and creditors.

A copy of the Bidding Procedures is available at
https://tinyurl.com/yd9hxb86 from PacerMonitor.com free of charge.

                  About Trudy's Texas Star

Trudy's Texas Star, Inc., is an Austin-based company founded in
1977 and operates a chain of restaurants.  It offers foods and
drinks for on-premise consumption. Trudy's Texas Star serves
customers in the across the state.

Trudy's Texas Star TX, filed a Chapter 11 petition (Bankr. W.D.
Tex. Case No. 20-10108) on Jan. 22, 2020.  In the petition signed
by Stephen Truesdel, authorized representative, the Debtor was
estimated $1 million to $10 million in both assets and liabilities.


The Hon. Tony M. Davis oversees the case.

Stephen W. Sather, Esq., at Barron & Newburger, PC, serves as
bankruptcy counsel.


UC COLORADO: Isenberg & Hewitt Represents Kyle Owen, 2 Others
-------------------------------------------------------------
In the Chapter 11 cases of UC Colorado Corporation, the law firm of
Isenberg & Hewitt, PC submitted a disclosure under Rule 2019 of the
Federal Rules of Bankruptcy Procedure, to disclose that it is
representing the following creditors:

     a. J.Kyle Owen
        d/b/a Kyle Owen Farms
        342 Lock Seven Lane
        Carthage, TN 37030

     b. Marty Coley
        d/b/a Coley Farms
        3312 Akersville Road
        Lafayette, TN 37083

     c. Tim Eller d/b/a Eller Farms
        3044 Lafayette Road
        Scottsville, KY

Under a literal reading of Bankruptcy Rule 2019(b)(1)the under
signed law firm represents multiple creditors and is subject to
disclosure.

Each creditor has his own separate claim, and no claims have been
assigned.

None of the creditors has any interest in any other's claims.

Counsel for Kyle Owen Farms, Coley Farms and Eller Farms can be
reached at:

          ISENBERG & HEWITT, PC
          Ryan L. Isenberg, Esq.
          600 Embassy Row, Suite 150
          Atlanta, GA 30328
          Tel: (770) 351-4400
          Email: ryan@ihlaw.us

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://is.gd/lacX1r

                 About UC Colorado Corporation

UC Colorado Corporation is a wholly owned subsidiary of United
Cannabis Corporation based in Golden, Colo., that focused on
extracting products from industrial hemp plants, which it uses to
create unique therapeutics for a wide range of diseases that can be
utilized by patients globally.

UC Colorado filed a petition under Chapter 11 of the Bankruptcy
Code (Bankr. D. Colo. Case No. 20-12689) on April 20, 2020.  The
petition was signed by John Walsh, Debtor's chief financial
officer.  At the time of the filing, the Debtor had estimated
assets of between $1 million and $10 million and estimated
liabilities of the same range.  

Judge Joseph G. Rosania Jr. oversees the case.

Wadsworth Garber Warner Conrardy, P.C., is the Debtor's legal
counsel.  The Debtor tapped Gibraltar Business Valuations to
conduct a valuation of its business and assets.


UTZ BRANDS: S&P Places 'B-' ICR on CreditWatch Positive
-------------------------------------------------------
S&P Global Ratings placed all of its existing ratings, including
the 'B-' issuer credit rating on U.S.–based Utz Brands Holdings
LLC, on CreditWatch with positive implications

The CreditWatch placement follows Utz's announcement that it is
selling approximately half of the business to Collier Creek
Holdings (CCH) and its partners, a special purpose acquisition
company. The Rice/Lissette family will retain the remaining
ownership. Following the transaction Utz will become a publicly
traded company. Transaction proceeds will be used to repay a large
portion of existing debt. S&P believes that this will be a
deleveraging transaction, which could meaningfully improve the
company's credit measures.

The positive CreditWatch listing reflects the probability that S&P
could affirm or raise the ratings following its review. The
proposed transaction will lower Utz's debt leverage, if the
majority of proceeds are applied to debt reduction. For the 12
months ended March 29, 2020, S&P estimates pro-forma debt leverage
was roughly 8x (including preferred equity treated as debt). S&P
believes pro forma for this transaction, leverage will drop to
below 5x (subject to review of final terms). The company's leverage
has risen over the years from several debt-financed acquisitions.
Aside from the announced transaction, S&P expects leverage to
decline with debt repayment and growth in EBITDA as the company
benefits from increased consumption in part driven by COVID-19
pantry loading.

"We understand that the Rice/Lisette family will retain
approximately 50% of shares following this sale. CCH is led by
experienced packaged food and private equity executives, which
could help accelerate the company's growth. Board membership will
be equally divided between family members and CCH," S&P said.

S&P expects that the company will maintain debt leverage below
historical levels due to its anticipated debt reduction and new
status as a public company. It believes the company will continue
to make strategic acquisitions to bolster its salty snacking
portfolio into adjacent categories and continue to expand its
direct-store-delivery (DSD) network geographically across the U.S.
As a public company with lower debt leverage, the company will have
more financial flexibility and additional sources of liquidity to
execute its growth strategy.

"We will resolve the CreditWatch listing following our review of
the company's final capital structure and discussion of
management's financial policies. Upon completion of our review, we
could keep the ratings on Utz the same or raise them," S&P said.


VENUS CONCEPT: HealthQuest Reports 14.2% Stake as of May 14
-----------------------------------------------------------
HealthQuest Partners II, L.P. and HealthQuest Venture Management
II, L.L.C. disclosed in an amended Schedule 13D filed with the
Securities and Exchange Commission that as of May 14, 2020, they
beneficially own 4,662,287.5 shares of common stock of Venus
Concept, Inc., which represents 14.2 percent of the shares
outstanding.

The percentage is based on 32,210,142 shares of the Issuer's Common
Stock outstanding as of May 8, 2020, as reported on the Issuer's
Form 10-Q filed with the Securities Exchange Commission on May 14,
2020, plus 666,666.5 shares of Common Stock underlying the
Issuer’s warrants held by the Reporting Persons as of May 22,
2020, which are treated as converted into Common Stock only for the
purpose of computing the percentage ownership of the Reporting
Person.

Dr. Dr. Garheng Kong also reported beneficial ownership of
4,673,812 Common Shares as of May 14.

A full-text copy of the regulatory filing is available for free at
the Securities and Exchange Commission's website at:

                      https://is.gd/Z0Y3GI

                      About Venus Concept

Toronto, Ontario-based Venus Concept Inc. is an innovative global
medical technology company that develops, commercializes, and
delivers minimally invasive and non-invasive medical aesthetic and
hair restoration technologies and related practice enhancement
services.  The Company's aesthetic systems have been designed on a
cost-effective, proprietary and flexible platform that enables the
Company to expand beyond the aesthetic industry's traditional
markets of dermatology and plastic surgery, and into
non-traditional markets, including family and general practitioners
and aesthetic medical spas.  In the years ended Dec. 31, 2019 and
in 2018, a substantial majority of its systems delivered in North
America were in non-traditional markets.

Venus Concept incurred a net loss of $42.29 million in 2019
following a net loss of $14.21 million in 2018.  As of Dec. 31,
2019, the Company had $191.13 million in total assets, $114.45
million in total liabilities, and $76.68 million in total
stockholders' equity.

MNP LLP, in Toronto, Canada, the Company's auditor since 2019,
issued a "going concern" qualification in its report dated March
30, 2020, citing that the Company has reported recurring net losses
and negative cash flows from operations, which raise substantial
doubt about the Company's ability to continue as a going concern.


VIDA SHOES: Streamlines and Restructures Organization
-----------------------------------------------------
Vida Shoes International (www.vidagroup.com), a leader in the
women's, children's and men's footwear industry, made the difficult
decision to streamline teams throughout its operation today with
layoffs and temporary salary reductions. The announcement comes on
the heels of the Covid-19 crisis as companies across industries are
facing cost-cutting measures.

Solomon Dabah, Vida President says, "Understanding the reality that
we are faced with, it became necessary to evaluate the 'right size'
of the company that puts us in the best position for success during
this time, and into the future."

Despite the challenges, Vida Shoes is extremely well positioned to
move forward, both as a world class organization and highly
successful footwear company. The restructuring plan outlines an
intensified focus on digital and ecommerce strategy, as the company
continues to expand its reach across different touchpoints and
markets. Vida also continues to emphasize a relationship-based
business model to better inform the customer journey within the
Vida brand portfolio.

                 About Vida Shoes International

Vida Shoes International, Inc., designs, sources, markets and
distributes fashion-forward and outdoor adventure footwear for
women, men and children. Aside from marketing own product brands,
including Jambu, JBU, J Sport, M.A.P. and Andre Assous, it is also
a licensee of various brands, like BCBGeneration, BCBGMAXAZRIA,
BCBG GIRLS, Stride Rite, Carter's, OshKosh B'Gosh, Kensie, XOXO,
UNIONBAY and Esprit.  It also designs and sources products under
private labels brands for different retailers.


VISTA PROPPANTS: Case Summary & Unsecured Creditor
--------------------------------------------------
Lead Debtor: Vista Proppants and Logistics, LLC
             4413 Carey Street
             Fort Worth, TX 76119-421

Business Description: Vista Proppants and Logistics --
                      https://vprop.com -- is a pure-play, in-
                      basin provider of frac sand solutions in
                      producing regions in Texas and Oklahoma
                      including the Permian Basin, Eagle Ford
                      Shale and SCOOP/STACK.  Headquartered in
                      Fort Worth, Texas, VISTA offers leading E&P
                      and oilfield service companies sand with the
                      cost advantages of a regional provider.

Chapter 11 Petition Date: June 9, 2020

Court: United States Bankruptcy Court
       Northern District of Texas

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

     Debtor                                            Case No.
     ------                                            --------
     Vista Proppants and Logistics, LLC (Lead Case)    20-42002
     VPROP Operating, LLC                              20-42003
     Lonestar Prospects Management, L.L.C.             20-42004
     MAALT Specialized Bulk, LLC                       20-42005
     Lonestar Prospects, Ltd.                          20-42006
     Denetz Logistics, LLC                             20-42007
     MAALT, LP                                         20-42008

Judge: Hon. Edward L. Morris

Debtors'
Bankruptcy
Counsel:            Stephen M. Pezanosky, Esq.
                    Ian T. Peck, Esq.
                    David L. Staab, Esq.
                    HAYNES AND BOONE, LLP
                    301 Commerce Street, Suite 2600
                    Fort Worth, TX 76102
                    Tel: 817.347.6600
                    Fax: 817.347.6650
                    Email: stephen.pezanosky@haynesboone.com
                    Email: ian.peck@haynesboone.com
                    Email: david.staab@haynesboone.com

Debtors'
Claims,
Noticing,
Balloting,
& Solicitation
Agent:              KURTZMAN CARSON CONSULTANTS LLC
                    https://www.kccllc.net/vista

Vista Proppants and Logistics's
Estimated Assets: $0 to $50,000

Vista Proppants and Logistics's
Estimated Liabilities: $100 million to $500 million

The petitions were signed by Gary Barton, chief restructuring
officer.

Vista Proppants lists Piper Jaffray & Co as its sole unsecured
creditor holding a claim of $382,872.

Copies of the petitions are available for free at PacerMonitor.com
at:

                   https://is.gd/0pSRSu
                   https://is.gd/u8jh1d
                   https://is.gd/qHiDRZ
                   https://is.gd/VN93Pp
                   https://is.gd/re8IPn
                   https://is.gd/NzOhR6
                   https://is.gd/zKfKmU


VITAL ONE: Court Dismisses Dickey TCPA Suit Without Prejudice
-------------------------------------------------------------
In the case, DAWN DICKEY, on behalf of herself and others similarly
situated, Plaintiff, v. VITAL ONE HEALTH PLANS DIRECT, LLC, a
Florida Limited Liability Company; et al., Defendants, Case No.
1:18-cv-01399-DAD-BAM (E.D. Cal.), Judge Dale A. Drozd of the U.S.
District Court for the Eastern District of California granted the
joint motions to dismiss filed by Dickey and Defendants Vital One,
Rene Luis, Eliberto Gracia, and Martin Diaz.

The Plaintiff, on behalf of herself and others similarly situated,
filed a class action complaint on Oct. 10, 2018, seeking damages
and equitable remedies based on the Defendants' alleged violations
of the Telephone Consumer Protection Act ("TCPA").  The parties,
however, eventually reached a settlement and notified the Court
thereof on Nov. 7, 2019.  Pursuant to the settlement, the parties
moved jointly to dismiss the Plaintiff's individual claims with
prejudice pursuant to Rule 41(a)(1)(A)(ii) and the class claims
without prejudice pursuant to Rule 23(e).

Applying the three Diaz v. Tr. Territory of Pac. Islands factors in
the case, Judge Drozd concludes that dismissal of the Plaintiff's
class claims without prejudice will not harm any putative class
members.  First, there is no evidence that any putative class
members are relying on the action.  Second, the putative class
members would not be barred from filing their own individual or
class claims by a statute of limitations.  Finally, the settlement
between the Plaintiff and the Defendants only resolves the
Plaintiff's individual claims -- because the parties are only
requesting dismissal of the class claims without prejudice, leaving
the putative class members free to pursue a new class action, no
class interests are being conceded.

The Judge therefore deems the Diaz factors satisfied in the case.
Because there is no risk of prejudice, notice to the putative class
members is not required.

Accordingly, Judge Drozd granted the parties' joint motions to
dismiss.  The Plaintiff's individual claims are dismissed with
prejudice pursuant to Rule 41(a)(1)(A)(ii); and the Plaintiff's
class claims are dismissed without prejudice pursuant to Rule
23(e).  The Clerk of the Court is directed to close the case.

A full-text copy of the District Court's March 3, 2020 Order is
available at https://is.gd/2XjqJS from Leagle.com.

Dawn Dickey, an individual, on behalf of herself and all others
similarly situated, Plaintiff, represented by Jarrett L. Ellzey ,
Hughes Ellzey, LLP, 1105 Milford Street,Houston, TX 77066, pro hac
vice, John P. Kristensen -- john@kristensenlaw.com -- Kristensen
Weisberg, LLP & David Levi Weisberg -- david@kristensenlaw.com --
Kristensen Weisberg LLP.

Vital One Health Plans Direct, LLC, a Florida limited liability
company, Defendant, represented by David Jay Kaminski --
KaminskiD@cmtlaw.com -- Carlson & Messer LLP & Stephen Albert
Watkins -- watkinss@cmtlaw.com -- Carlson & Messer LLP.



WEATHERS PROPERTIES: Case Summary & 3 Unsecured Creditors
---------------------------------------------------------
Debtor: Weathers Properties, LLC
        6848 East Meadowlark Lane
        Paradise Valley, AZ 85253

Business Description: Weathers Properties LLC is the fee simple
                      owner of a residential property located at
                      6848 East Meadlowlark Lane, Paradise Valley,

                      AZ, 85253 having an appraised value of $3
                      million.

Chapter 11 Petition Date: June 10, 2020

Court: United States Bankruptcy Court
       District of Arizona

Case No.: 20-06990

Judge: Hon. Eddward P. Ballinger Jr.

Debtor's Counsel: Allan D. NewDelman, Esq.
                  ALLAN D. NEWDELMAN, P.C.
                  80 East Columbus Avenue
                  Phoenix, AZ 85012
                  Tel: 602-264-4550
                  E-mail: anewdelman@adnlaw.net

Total Assets: $3,000,000

Total Liabilities: $2,261,268

The petition was signed by Lori Leeds, trustee of the Leeds Trust
Dated 2/5/2019, managing member.

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

                     https://is.gd/FSkanM


[*] Apparel Makers Turn to Digitalisation to Streamline Operations
------------------------------------------------------------------
Peggy Sito and Eric Ng, writing for SCMP.com, reports that apparel
manufacturers turned to technology to streamline its operations
amid COVID-19 pandemic closures.

According to industry players, manufacturers that survive the
downturn will turn to technology to streamline production processes
and become nimble.

Garment manufacturer TAL Apparel closes two factories and furloughs
20 per cent of its employees as orders dry up.  It holds virtual
meeting with thousands top employees in March 2020 after the World
Health Organisation declared the Covid-19 as a pandemic.

During the meeting, chief executive Roger Lee warned of an ominous
shift in the global apparel industry as the company projected a 50
per cent plunge in demand over the next 12 months.  Since then, TAL
has decided to close two plants in Malaysia it invested in since
the 1980s, and furlough 5,000 staff, or 20 per cent of its 25,000
employees.

"We will close down [operations in] Malaysia permanently [as] we do
not need the capacity for a while," said Lee.

Apparel companies across the world have been hit hard, as one
country after another has imposed lockdowns to curtail the spread
of the coronavirus, severely affecting global economic activity,
throwing dozens of industries into turmoil and sending the
unemployment rate soaring.
The suppliers meanwhile are looking for ways to stay afloat and
mitigate credit risks that could arise from future crisis. Industry
players said a prolonged supply chain disruption for textiles and
the unprecedented lockdown could see manufacturers and retailers
switch from in-store to online, further shorten the
design-to-delivery cycle, and move to digital supply chain
processes, such as virtual samples production and approval.

Lee said that the next 12 months will be painful for the industry,
including the company, as "a lot of business and a lot of factories
will seek Chapter 11 bankruptcy protection".

The painful experience with some of TAL's trusted clients has
prompted the company to change the payment modalities to mitigate
credit risks.

Financial payment terms are definitely going to change to prevent
clients walking away from deals without paying, said Lee. Orders
will be covered by letters of credit to serve as a guarantee for
payments, he added.

Stanley Szeto Chi-yan, chairman of Hong Kong-listed apparel supply
chain manager Lever Style, said letters of credit are an effective
way to mitigate credit risks and he expected more manufacturers to
follow.

Szeto believes retailers will move to online from offline model and
digitalisation will revamp the supply chain processes.

"The pandemic's impact on the supply chain is relatively limited
– idling may be 15 to 20 per cent of the capacity ... whereas
demand has plummeted far more," he said. "I expect
bricks-and-mortar retailers to further lose market shares to
online-driven rivals."

Szeto said the pandemic-induced lockdown measures that prevented
merchandising executives from working in offices will further
shorten the design-to-delivery cycle, as they are forced to adopt
digital supply chain processes such as virtual samples production
and approval.  Besides pre-production time saving, factory
processes can also be streamlined by technology, he added.

"A dress shirt literally takes only 25 minutes of labour to
produce, a fraction of the entire production time of 30 to 40 days,
as raw materials and partially finished goods wait to be moved
around various production queues," he said. "This can be shortened
by greater adoption of digital tools."


[*] Guam Firms Prefer to Close and Walk Away Than File Bankruptcy
-----------------------------------------------------------------
Kevin Tano, writing for Post Guam, reports that majority of
businesses in Guam prefer to close stores and walk away instead of
filing for bankruptcy protection.

According to a local lawyer, as the COVID-19 economic downturn adds
more pressure to financially struggling businesses and consumers,
many of them will not likely see the need to seek the federal
bankruptcy court's protection even if they can no longer pay their
creditors.

Gary Gumataotao, a bankruptcy attorney and member of the Guam Bar
Association, said he has not seen an increase in consultations for
possible bankruptcy filings due to financial hardships resulting
from the COVID-19 pandemic.

The Guam Daily Post reported that the pandemic has forced many
small and large businesses to shut down, killing their income
stream for more than two months now, Some island businesses are not
expected to reopen after having been forced to close in this
economic crisis.

"One would expect the (business bankruptcy) petitions to increase
due to this pandemic, but many owners will simply close shop and
walk away," Gumataotao said.

Gumataotao said that businesses with no assets may not bother to
spend money on filing a petition in the federal bankruptcy court
for protection from creditors. The same would apply for consumers
who have become insolvent – unable to pay their debts – and
have no employment. He also doubts the release of federal funds to
help provide economic relief for consumers will stop those who are
inundated with bills and debts from going into bankruptcy. Federal
funds to help businesses weather the COVID-19 economic storm should
delay any bankruptcies to the extent business may eventually
rebound. Many companies that applied for the federal Paycheck
Protection Program loan might not qualify because they are closed
and cannot meet the requirement of keeping their workers employed
if they do accept the loan money.

"The cash injection at this point will not affect the ultimate
outcome. This is why many entities are refraining from
participation in these programs," he said.

As of March 12, 2020 there have been a total of 19 bankruptcy
filings in the District Court of Guam. Thirteen  have filed under
Chapter 7 of the U.S. Bankruptcy Code and six have filed under
Chapter 13.

Those who sought protection from creditors under Chapter 7 can walk
out of their debts, but some of their assets, if any, will be sold
to try to pay their secured creditors. Those who have petitioned
the court for a Chapter 13 bankruptcy have the opportunity to repay
their debts through a payment plan over a three- to five-year
period, which requires court approval. Chapter 11 bankruptcy is
available to individuals, corporations and partnerships, and it's
usually a choice for large businesses to restructure their debt
payments and stretch them over time while continuing to do
business.

Statistics from the District Court of Guam show that there were a
total of 160 Guam bankruptcy filings in 2019. Of the total, 131
filed under Chapter 7, one under Chapter 11 and 28 under Chapter
13.

The number of bankruptcy filings under Chapter 7 increased over the
last three years, from 93 in 2017; 127 in 2018; and 131 in 2019,
the court's data show.



[*] Pandemic Impacts Global Economy With Unparalleled Speed
-----------------------------------------------------------
Brinkwire on May 24, 2020, reported that the outbreak of the
coronavirus has dealt a shock to the global economy with
unprecedented speed.

EUTONIC SHIFT: Germany – Europe's biggest economy – drifted
into a recession in the first quarter as shutdowns there and beyond
started to bite. The 2.2% decline in the first three months of the
year was the second-biggest quarterly decline since Germany was
reunited in 1990, exceeded only by a 4.7% drop in the first quarter
of 2009 at the height of the global financial crisis.

FACTORIES RUNNING: China factory output rose 3.9% in April from a
year earlier, an improvement over the previous month´s 1.1%
contraction. China's virus-battered economy is reopening, but job
losses depressed consumer spending, a key driver of growth,
challenging the ruling Communist Party effort to revive normal
activity.

FACTORIES IDLED: American industry suffered the most severe plunge
on record last month with factories, mines and utilities battered
by the coronavirus pandemic.

The Federal Reserve said hat its industrial production index
tumbled a record 11.2% in April. Manufacturing output also posted a
record drop – 13.7% – as production of cars, trucks and auto
parts plummeted more than 70%. Production of aerospace and other
transportation products, metals and furniture fell around 20%.
Output dropped 6.1% at mines and 0.9% at utilities.

SHOPPERS STAY HOME: U.S. retail sales tumbled by a record 16.4%
from March to April as business shutdowns caused by the coronavirus
kept shoppers away, threatened the viability of stores across the
country and further weighed down a sinking economy.

Office Depot unveiled a restructuring plan that includes 13,100 job
cuts, closing stores and consolidating distribution centers. The
chain, which operates about 1,400 stores, said the restructuring
will be complete by the end of 2023.

Nike acknowledged that despite an aggressive shift to online sales,
stores shuttered by the pandemic will have a material impact on
wholesale operations in the final three months of the year.

Stores have largely opened in China and South Korea, but traffic
has been limited.

PAYING THE PIPER: J.C. Penney Co. made a $17 million interest
payment after skipping payment the week before.  A non-payment
would have put Penney into default. Penney skipped an earlier
interest payment of $12 million in mid-April, kicking off a 30-day
grace period.  The payment came just hours before Penney announced
it was seeking Chapter 11 bankruptcy protection. Penney is the
fourth major retailer to do so this month. J.Crew, Neiman Marcus
and Stage Stores are in Chapter 11 already.

ALL DRESSED UP: Amazon is striking a more fashionable pose to help
out up-and-coming designers hurt by the coronavirus pandemic. The
online shopping giant has teamed up with Vogue magazine to sell
fashions from 20 brands, such as $500 cashmere hoodies by Ryan
Roche and $350 silk pajamas Morgan Lane. As part of the initiative,
Amazon opened a special storefront on its site, called Common
Threads, and donated $500,000 to a fund started by Vogue and the
Council of Fashion Designers of America to give grants to designers
affected by the pandemic.

NOT SO FRIENDLY SKIES: How weak is international air travel?
Singapore Airlines said that traffic in April fell 99.5% from a
year earlier. Even after cutting service by more than 95%, the
average flight was only 9% full. The parent company also operates
regional carrier SilkAir and budget airline Scoot.

Canada´s largest airline plans to lay off at least 20,000
employees because of the pandemic. Air Canada says the layoffs will
impact more than half of the company's 38,000 employees. COVID-19
has forced the airline to reduce their schedule by 95% and they
don´t expect normal traffic return anytime soon. The move is
effective June 7.

If you forget your face covering on the way to the airport in Las
Vegas, they´ve got you covered. McCarran Airport and contractor
Prepango have installed three vending machines stocked with
disposable gloves (four pair for $4.50), masks ($7.50 to $14.50),
hand sanitizer and wipes. Airport spokeswoman Christine Crews said
the intent is to make travelers" feel confident and comfortable
while traveling in current conditions." The gambling center has
been hit hard by the downturn in air travel and tourism.

NEWS BLUES: Media layoffs and furloughs continue as ad revenues
have cratered this year because of the coronavirus pandemic.
Thousands of journalists have lost their jobs, been furloughed or
had pay slashed this year, and there were several hundred more cuts
announced this week.

Vice, a TV and digital news organization aimed at younger people,
announced 155 layoffs globally. In addition, furloughs and layoffs
from digital publishers Quartz and BuzzFeed, magazine giant Conde
Nast and the company that owns the business-focused The Economist
magazine.  Not all of the layoffs are journalists; many are on the
business side. U.S. newsrooms have shrunk by a quarter in the past
decade, even before the virus hit, with the steepest decline at
newspapers, according to Pew Research.


[*] Rising Default Notices Sent by Landlords to Retail Tenants
--------------------------------------------------------------
Bloomberg reports that retail landlords sent thousands of default
notices to tenants, a scenario that could tip already-ailing
retailers into total collapse or bankruptcy.

According to data analyzed by CoStar Group, around $7.4 billion in
rent for April hasn't been paid, or about 45 percent of what’s
owed.

Restaurants, specialty chains, apparel merchants,and department
have been getting the notices as property owners who’ve gone
unpaid for as long as three months lose patience, according to
people with knowledge of the matter and court filings.

"The default letters from landlords are flying out the door," said
Andy Graiser, co-president of A&G Real Estate Partners, whose firm
works with retailers and other commercial tenants. "It's creating a
real fear in the marketplace," Graiser said.

Pressure from default notices and follow-up actions like locking up
stores or terminating leases was cited in the bankruptcies of
Modell's Sporting Goods and Stage Stores Inc. Many chains stopped
paying rent after the pandemic shuttered most U.S. stores, gambling
that they could hold on to some cash before landlords demanded
payment.

Data analyzed by CoStar Group shows that around $7.4 billion worth
of rent are not paid in April 2020 or around 45% of what's owed.
The stakes are huge and landlords are also suffering.

"If the landlords don't put a pause on their actions, you're going
to see more bankruptcies," Graiser said.

To be sure, not every default letter is followed by a padlock on
the door. In some cases, landlords are sending letters just to
preserve their legal rights while they talk with their tenants.

Landlords have bank debts and bills to pay. By some measures,
they've already been more than patient. Normally, they'd send out
default notices as soon as 10 days after missed payments, rather
than waiting weeks or months.

"The landlords do have the legal contract," said Vince Tibone, a
senior analyst at Green Street Advisors. "However, from a
practicality standpoint, a lot of these retailers are on the brink
of bankruptcy and simply cannot pay right now."



[*] Spike in U.S. Bankruptcy Filing in 2020
-------------------------------------------
NBC News reports that the filing of bankruptcy protection in the
U.S. rose significantly in 2020 due to the impact of COVID-19 on
the country's economy and companies.

May has brought bankruptcies from renowned brands with deep roots
around the country. Hertz, the rental car giant, joined the
bankruptcy list.

The virus is undoubtedly the primary cause of trouble in
restaurants and travel companies but in others it looks more like
an accelerant — gas on a retail fire that has been burning for
quite some time.

April 2020 has been particularly noteworthy because the best-known
brands in America declared they were entering Chapter 11 bankruptcy
and closing outlets across the country like Gold's Gym and Neiman
Marcus.

In February 2020, several companies were impacted by the pandemic
and opted to shutter store locations and lay off workers like Pier
One, Art Van Furniture, and Modell's.

In January 2020, Bar Louie announced the start of its bankruptcy
restructuring.

There is no question that the coronavirus is hammering the U.S.
economy and taking a toll on some healthy businesses and employers.
But the biggest economic impact from COVID-19 may be that it is
pushing the economy into the future much faster than before,
striking hard at businesses that were already weak from other
challenges.

It all serves as a reminder that even after the pandemic is
controlled, the road "back to normal" is not going to be easy, and
"normal" may look very different.


[*] Texas Bankruptcy Filings Increase; Houston Is Epicenter
-----------------------------------------------------------
Mark Curriden of the Texas Lawbook reports that the bankruptcy
filing in Texas is growing and Houston is its epicenter.  Companies
that filed for bankruptcy protection in Texas include Stage Stores,
Sheridan Holding, TriPoint Oilfield Services, Alta Petroleum, Echo
Energy, Alta Mesa Resources, Diamond Offshore Drilling, Neiman
Marcus, and JC Penney.

More Texas businesses are filing for bankruptcy this 2020 than did
during the Great Recession or anytime in the past two decades, and
legal experts said the wave of insolvencies and restructurings is
still far from breaking or hitting their peak.


[*] U.S. Oil & Gas Rig Numbers Declined Record Low
--------------------------------------------------
Brinkwire reports that the number of U.S. oil and natural gas rigs
operating fell to an all-time low for a second week in a row as
energy firms slashed spending on new drilling after oil prices
collapsed due to a slump in demand amid global lockdowns to stop
the coronavirus pandemic.

The rig count, an early indicator of future output, fell by 35 to a
record low of 339 in the week to May 15, according to data from
energy services firm Baker Hughes Co going back to 1940.

The prior all-time low was 374 rigs in the week ended May 8, 2020.

Global fuel demand is expected to drop roughly 10% in 2020 from
last year, prompting companies to make drastic cuts to spending,
lay off thousands of workers and close production to offset the
worldwide supply glut.

"The number of rigs running in the United States has fallen 52%
since the start of the year. Over 400 rigs have gone offline, which
is more than … are still running," analysts at Enverus
DrillingInfo said.

Drillers have cut an average of 50 rigs per week since mid March
after crude prices started to plunge due to the coronavirus and a
brief oil price war between Saudi Arabia and Russia.

Analysts expect energy firms to keep chopping rigs for the rest of
the year and that they will be hesitant to activate new units in
2021 and 2022.

Simmons Energy, energy specialists at U.S. investment bank Piper
Sandler, forecast the U.S. rig count would fall from an annual
average of 943 in 2019 to 528 in 2020, 215 in 2021 and 221 in
2022.

The count in Canada fell three to a record low of 23 rigs this
week, according to Baker Hughes.

U.S. oil rigs fell 34 to 258 this week, their lowest since July
2009, while gas rigs fell by one to 79, a record low according to
data going back to 1987.

The U.S. Energy Information Administration (EIA) projected a fall
in domestic crude output to 11.7 million barrels per day (bpd) this
year from a record 12.2 million bpd in 2019, while global petroleum
and other liquid fuels consumption will fall to 92.6 million bpd in
2020 from a record 100.7 million bpd in 2019.

U.S. crude futures were trading around $29 a barrel on Friday, up
about 68% over the past three weeks but still down over 50% since
the start of the year.

Chesapeake Energy Corp, which helped revolutionize the use of
hydraulic fracturing, or fracking, to extract oil and gas from U.S.
shale formations, said it was considering a bankruptcy
restructuring of its over $9 billion debt if oil prices do not
recover.

Energy consultant Rystad Energy forecast U.S. fracking activity
will hit "rock bottom" in May 2020 before starting to recover in
the third quarter.



[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Main Construction and Landscape, Inc.
   Bankr. D. Ariz. Case No. 20-06728
      Chapter 11 Petition filed June 3, 2020
         See https://is.gd/AwkBHV
         represented by: M. Preston Gardner, Esq.
                         DAVIS MILES MCGUIRE GARDNER, PLLC
                         E-mail: azbankruptcy@davismiles.com

In re Thee Olde Place Inn, Inc.
   Bankr. W.D. Pa. Case No. 20-21735
      Chapter 11 Petition filed June 3, 2020
         See https://is.gd/TIKhg7
         represented by: Francis Corbett, Esq.
                         FRANCIS CORBETT
                         E-mail: fcorbett@fcorbettlaw.com

In re Prestige Landscaping Services, LLC
   Bankr. M.D. Fla. Case No. 20-03154
      Chapter 11 Petition filed June 3, 2020
         See https://is.gd/I2oJ5v
         represented by: Jeffrey S. Ainsworth, Esq.
                         BRANSONLAW, PLLC
                         E-mail: jeff@bransonlaw.com

In re Adrienne Michele Couch and Maurice Tyrone Couch, Sr.
   Bankr. M.D. Fla. Case No. 20-03118
      Chapter 11 Petition filed June 1, 2020

In re Paul Oliva Paradis
   Bankr. D. Ariz. Case No. 20-06724
      Chapter 11 Petition filed June 3, 2020
         represented by: Allan D. Newdelman, Esq.
                         ALLAN D NEWDELMAN PC

In re Edgar Augusto Meinhardt Iturbe
   Bankr. C.D. Cal. Case No. 20-10699
      Chapter 11 Petition filed June 3, 2020
         represented by: Brad Handy, Esq.

In re Richard Scott Myers
   Bankr. S.D. Ill. Case No. 20-30572
      Chapter 11 Petition filed June 3, 2020
         represented by: Robert Eggmann, Esq.

In re EMT Expedited Logistics, Inc.
   Bankr. S.D. Tex. Case No. 20-32943
      Chapter 11 Petition filed June 4, 2020
         See https://is.gd/2hjIXR
         represented by: Kenneth Jones, Esq.
                         LAW OFFICES OF KENNETH R. JONES LLP
                         E-mail: bjoneslaw@sbcglobal.net

In re AZ Contracting Services LLC
   Bankr. D. Ariz. Case No. 20-06817
      Chapter 11 Petition filed June 4, 2020
         See https://is.gd/m4DTIB
         represented by: Shawn McCabe, Esq.
                         WRIGHT LAW OFFICES
                         E-mail: bwright@wloaz.com

In re Willis Jerome Pumphrey, Jr.
   Bankr. S.D. Tex. Case No. 20-32939
      Chapter 11 Petition filed June 4, 2020
         represented by: Reese Baker, Esq.

In re Limenos Corporation
   Bankr. D.P.R. Case No. 20-02169
      Chapter 11 Petition filed June 5, 2020
         See https://is.gd/TVYwOy
         represented by: Francisco J. Ramos Gonzalez, Esq.
                         FRANCISCO J RAMOS & ASOCIADOS CSP
                         E-mail: fjramos@coqui.net

In re Maximillian Bel's, Inc.
   Bankr. D.N.J. Case No. 20-17286
      Chapter 11 Petition filed June 5, 2020
         See https://is.gd/E3RHtF
         represented by: Novlet Lawrence, Esq.
                         NOVLET LAWRENCE, ESQ.
                         E-mail: lawrencenovlet@aol.com

In re Grand Ave House LLC
   Bankr. S.D.N.Y. Case No. 20-11366
      Chapter 11 Petition filed June 5, 2020
         See https://is.gd/76xfmt
         Filed Pro Se

In re The Master's Coach, Ltd.
   Bankr. S.D.N.Y. Case No. 20-35614
      Chapter 11 Petition filed June 5, 2020
         See https://is.gd/NEhnxr
         represented by: Michelle L. Trier, Esq.
                         GENOVA & MALIN

In re Craig Scott Witte and Roberta Susan Witte
   Bankr. D. Mont. Case No. 20-90137
      Chapter 11 Petition filed June 5, 2020
          represented by: Patti Mahoney, Esq.

In re John Arthur Olson and Ashley Marie Olson
   Bankr. D. Utah Case No. 20-23408
      Chapter 11 Petition filed June 5, 2020
         represented by: Jeffrey Trousdale, Esq.
                         COHNE KINGHORN, P.C.
                         Email: jtrousdale@ck.law

In re Atlanta Book Boutique
   Bankr. N.D. Ga. Case No. 20-67034
      Chapter 11 Petition filed June 8, 2020

In re Logistics Transports Group, LLC
   Bankr. N.D. Tex. Case No. 20-41995
      Chapter 11 Petition filed June 8, 2020
         See https://is.gd/YK3vA0
         represented by: Daniel S. Wright, Esq.
                         MACHI & ASSOCIATES
                         E-mail: dwright@tedmachi.com

In re HRB Properties, Inc.
   Bankr. E.D. Ark. Case No. 20-12530
      Chapter 11 Petition filed June 7, 2020
         See https://is.gd/EO81Df
         represented by: Joel G. Hargis, Esq.
                         CADDELL REYNOLDS LAW FIRM
                         E-mail: jhargis@justicetoday.com

In re Edwin Garcia San Antonio and Ranaliza San Antonio
   Bankr. E.D. Cal. Case No. 20-22918
      Chapter 11 Petition filed June 8, 2020
         represented by: Arasto Farsad, Esq.

In re Chad Michael Landau
   Bankr. D. Ariz. Case No. 20-06897
      Chapter 11 Petition filed June 8, 2020
         represented by: Patrick F. Keery, Esq.
                         KEERY MCCUE, PLLC
                         E-mail: pfk@keerymccue.com

In re Megan Elizabeth Zucaro
   Bankr. C.D. Cal. Case No. 20-10714
      Chapter 11 Petition filed June 8, 2020
         represented by: Todd Cleary, Esq.

In re Kisco Health & Fitness Inc
   Bankr. S.D.N.Y. Case No. 20-22732
      Chapter 11 Petition filed June 9, 2020
         See https://is.gd/8EtACV
         represented by: Nathan Horowitz, Esq.
                         NATHAN HOROWITZ, ESQ.
                         E-mail: nathan@nathanhorowitzlaw.com

In re Priority Packaging Solutions, Inc.
   Bankr. D.N.J. Case No. 20-17382
      Chapter 11 Petition filed June 9, 2020
         See https://is.gd/FEUl3b
         represented by: Arlindo B. Araujo, Esq.
                         GARCES, GRABLER & LEBROCQ, PC
                         E-mail: aaraujo@garcesgrabler.com

In re Patsy McGirl LLC
   Bankr. S.D. Tex. Case No. 20-32981
      Chapter 11 Petition filed June 9, 2020
         See https://is.gd/5MyxsF
         represented by: Margaret M. McClure, Esq.
                         LAW OFFICE OF MARGARET M. MCCLURE
                         E-mail: margaret@mmmcclurelaw.com

In re Ancellotta LLC
   Bankr. N.D. Cal. Case No. 20-50872
      Chapter 11 Petition filed June 9, 2020
         See https://is.gd/DGPUVR
         represented by: Vinod Nichani, Esq.
                         NICHANI LAW FIRM
                         E-mail: vinod@nichanilawfirm.com

In re Karen Doris, LLC
   Bankr. D. Ariz. Case No. 20-06955
      Chapter 11 Petition filed June 9, 2020
         See https://is.gd/hsulRV
         represented by: Patrick Keery, Esq.
                         KEERY MCCUE, PLLC
                         E-mail: pfk@keerymccue.com

In re Patricia Hermann
   Bankr. C.D. Cal. Case No. 20-11037
      Chapter 11 Petition filed June 9, 2020

In re Anthony Taitt and Sofia Taitt
   Bankr. S.D. Tex. Case No. 20-32985
      Chapter 11 Petition filed June 9, 2020
         represented by: Reese Baker, Esq.


                            *********

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

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

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

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

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

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

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

                            *********

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

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

Copyright 2020.  All rights reserved.  ISSN: 1520-9474.

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

The TCR subscription rate is $975 for 6 months delivered via
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are $25 each.  For subscription information, contact Peter A.
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                   *** End of Transmission ***