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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

              Saturday, November 28, 2020, Vol. 24, No. 332

                            Headlines

IMH FINANCIAL: Suffers $1.09 Million Net Loss in September
TUESDAY MORNING: Had $48.90 Million Ending Cash Balance at Sept. 30

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IMH FINANCIAL: Suffers $1.09 Million Net Loss in September
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IMH Financial Corporation filed with the U.S. Securities and
Exchange Commission its monthly operating report for September
2020.

The Debtor reported a net loss of $1.09 million on $nil of
revenue.

As of September 30, 2020, the Debtor listed $2.12 million in total
assets, $12.40 million in total liabilities, and -$10.28 million in
total shareholders' equity.

At September 1, 2020, the Debtor had $675,366 beginning cash
balance. It listed total cash receipts of $1.43 million and total
cash disbursements of $1.13 million. At September 30, 2020, the
Debtor had $975,686 ending cash balance.

A copy of the monthly operating report is available at the SEC at:

                    https://bit.ly/37JSlk1    

                About IMH Financial Corporation

IMH Financial Corporation -- https://www.imhfc.com/ -- is a real
estate investment holding company. The Company's most significant
real estate assets include: (a) a luxury hotel located in Sonoma,
California, and (b) thousands of acres of undeveloped real property
and related water rights located outside of Albuquerque, New
Mexico. The Company's real estate investments are located primarily
in the southwestern part of the United States, and are held by
wholly-owned or indirectly wholly-owned subsidiaries, none of which
are in bankruptcy.

IMH Financial Corporation filed for bankruptcy protection (Bankr.
D. Del. Case No. 20-11858) on July 23, 2020. The petition was
signed by Chadwick S. Parson, chairman and CEO.

The Debtor was estimated to have $100 million to $500 million in
assets and liabilities.

The Hon. Brendan Linehan Shannon presides over the case.

Ashby & Geddes PA and Snell & Wilmer LLP have been tapped as
bankruptcy counsel to the Debtor.  Donlin, Recano & Co., Inc., is
the Debtor's claim and noticing agent.



TUESDAY MORNING: Had $48.90 Million Ending Cash Balance at Sept. 30
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Tuesday Morning Corporation, et al., filed with the U.S. Securities
and Exchange Commission their monthly operating report for
September 2020.

In their schedule of cash receipts and disbursements, the Debtors
reported $63.84 million beginning cash balance at September 1,
2020. They listed total cash receipts of $116.90 million and total
cash disbursements of $131.84 million.  Thus, the Debtors had an
ending cash balance of $48.90 million at September 30, 2020.

A copy of the monthly operating report is available at the SEC at:

                    https://bit.ly/3e0YZU6  

                  About Tuesday Morning Corp.

Tuesday Morning Corporation, together with its subsidiaries, is a
closeout retailer of upscale home furnishings, housewares, gifts,
and related items. It operates under the trade name "Tuesday
Morning" and is one of the original "off-price" retailers
specializing in providing unique home and lifestyle goods at
bargain values. Based in Dallas, Tuesday Morning operated 705
stores in 40 states as of Jan. 1, 2020. For more information, visit
http://www.tuesdaymorning.com/        

On May 27, 2020, Tuesday Morning and six affiliates sought Chapter
11 protection (Bankr. N.D. Tex. Lead Case No. 20-31476). Tuesday
Morning disclosed total assets of $92 million and total liabilities
of $88.35 million as of April 30, 2020.

The Hon. Harlin Dewayne Hale is the case judge. The Debtors tapped
Haynes and Boone, LLP as general bankruptcy counsel; Alixpartners
LLP as financial advisor; Stifel, Nicolaus & Co., Inc. as
investment banker; A&G Realty Partners, LLC as real estate
consultant; and Great American Group, LLC as liquidation
consultant. Epiq Corporate Restructuring, LLC is the claims and
noticing agent.

The Office of the U.S. Trustee appointed a committee of unsecured
creditors on June 9, 2020. The committee is represented by Munsch
Hardt Kopf & Harr, P.C.



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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
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Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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