/raid1/www/Hosts/bankrupt/TCR_Public/201204.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, December 4, 2020, Vol. 24, No. 338

                            Headlines

11965 SAN PABLO: Outvst Buying El Cerrito Property for $3.75M
1400 NORTHSIDE: Kinchen Buying Woodstock Property for $710K Cash
5019 PARTNERS: Dec. 10 Disclosure Statement Hearing Set
5019 PARTNERS: Unsec. Creditors Owed $1.54M to Split $18K in Plan
5CR TRAILER SALES: Brouns Buying Stephenville Property for $410K

AAC HOLDINGS: Quality of Care Is Adequate, Says PCO's 2nd Report
ADAMIS PHARMACEUTICALS: Describes Planned Response to ZIMHI CRL
AFFORDABLE TOWING: Hearing on Disclosures, Dismissal Dec. 15
AFFORDABLE TOWING: Unsecureds to Get Paid From Revenue Over 5 Years
ALFREDO GONZALEZ: Cisneros Buying Harlingen Property for $175K

ASCENA RETAIL: B. Riley Financial Buys Stake in Justice Brand
AVID BIOSERVICES: Posts $2.3 Million Net Income in Second Quarter
AWESOME FLIGHT: Case Summary & 12 Unsecured Creditors
B2B ENTERPRISE: Dec. 9 Plan & Disclosure Hearing Set
BCPE EMPIRE: Moody's Rates New Incremental $180MM 1st Lien Loan B3

BIONIK LABORATORIES: Appoints Rich Russo as CFO
BLACKJEWEL LLC: Former CEO Moves to Liquidate Company
BUZZARDS BENCH: Joint Plan of Reorganization Confirmed by Judge
BUZZARDS BENCH: Unsec. Creditors to Receive Nothing in Joint Plan
C&S GROUP: Moody's Assigns Ba3 CFR, Outlook Stable

CALFRAC WELL SERVICES: Gets Chapter 15 Court Recognition Order
CALLON PETROLEUM: S&P Cuts ICR to 'SD' on Distressed Exchange
CAMBER ENERGY: Receives Noncompliance Notice from NYSE
CARLOS H. ORTIZ: Hernandez Buying San Juan Property for $195K
CARLOS H. ORTIZ: U.S. Trustee to State Position on Property Sale

CENTURY 21: CPO Backs Customers Info Sale to Gindi
CHESAPEAKE ENERGY: Slams Creditors' Bid to Sue Lenders
COLORADO GOLDFIELDS: Unsecureds to Split $34K in Creditor's Plan
CREATIVE REALITIES: Inks 10th Amendment to Loan & Security Agreemen
CRED INC: Sets Bidding Procedures for All Assets

DIOCESE OF ROCKVILLE: Creditors Slam Proposed Claims Deadline
DITECH HOLDING: 12 States Fight Plan to Return $113M to Borrowers
DPW HOLDINGS: Amends "At The Market" Offering of Common Stock
DWANE CLODFELTER, SR: Selling Eastover Property for $525K
ENGINEERED PROPULSION: Sale of Substantially All Assets to EPS OK'd

ENRIQUE R. NARVAEZ: Aponte Buying Arroyo Properties for $1.26M
EVEREST REAL ESTATE: Patient Care Ombudsman Files 2nd Report
EXGEN RENEWABLES IV: Moody's Rates New $750MM Term Loan Ba3
FOXWOOD HILLS: Crowes Buying Westminster Property for $16K
FRANCHISE DYNAMICS: Dec. 8 Plan & Disclosure Hearing Set

FRANCHISE DYNAMICS: Unsecureds to Get $3,000 Per Month Over 6 Years
GAINESVILLE ROAD: Trustee Selling All Assets to Baluja for $2M
GOOD SAMARITAN: Plan of Liquidation Confirmed by Judge
GOOD SAMARITAN: Unsecured Creditors Will Get 1.1% of Claims
H&E EQUIPMENT: Moody's Affirms B1 CFR, Outlook Stable

HARTSHORNE HOLDINGS: Private Sale of Assets to Frozen Approved
HAWAIIAN HOLDINGS: Signs Deal to Sell 5 Million Common Shares
HEALTHIER CHOICES: Files Patent Infringement Suit vs Philip Morris
IMPACT CHIROPRACTIC: Says Ombudsman Appointment is Not Necessary
INTELLIGENT PACKAGING: S&P Lowers ICR to 'B-', Outlook Stable

LIFEPOINT HEALTH: Moody's Assigns Caa1 Rating to New Unsec. Notes
LIGHTHOUSE RESOURCES: Case Summary & 30 Top Unsecured Creditors
LUSIGNAN SECURITY: Case Summary & 5 Unsecured Creditors
MABLETON LLC: Selling Mableton Subdivision to Rincon Investors
MDI CREATIVE: Kaddak LLC Buying All Assets for $10K Cash

MERMAID BIDCO: Moody's Assigns B2 CFR, Outlook Stable
METAL PARTNERS: JRC Buying Remaining Equipment for $300K
MILLER BRANGUS: Case Summary & 20 Largest Unsecured Creditors
MONTICELLO HORIZON: Blooming Buying Monticello Property for $472K
MUJI USA: To Present Plan for Confirmation on Dec. 21

MUJI USA: Unsecured Creditors Will Recover 50% to 66.67% in Plan
MUSCLEPHARM CORP: Issues $2.87M Convertible Note to CEO Drexler
NABORS INDUSTRIES: Reports Final Results of Exchange Offers
NAVARRETE INVESTMENTS: Plan to be Funded by Property Sale/Refinance
NORTHEAST GAS: Dec. 4 Plan Confirmation Hearing Set

NPC INTERNATIONAL: Flynn Delays Sale of Restaurants
O & B HACKING: Class III Unsecureds Will Get 10% of Claims
OMNIQ CORP: Gets $6.6M New Orders for Data Collection Systems
P-D VALMIERA GLASS: Says No Objections to Plan Confirmation Filed
P-D VALMIERA GLASS: Unsecureds Get 4.2% to 6.1% in Wind-Down Plan

PANIOLO CABLE: Trustee Selling Assets to Hawaiian Telcom for $50M
PAPS CAB: DePalma to Get $300K for $789K Deficiency Claim
PARK SEVEN: Voluntary Chapter 11 Case Summary
PINKLEY FARMS: Geels Buying Springdale Property for $350K
PINNACLE GROUP: To Present Plan for Confirmation on Jan. 12, 2021

PINNACLE GROUP: Unsecured Creditors to Split $90K Under Plan
PLUM CIRCLE: SN Capital Offers Trustee to Buy All Assets
PMF PROPERTIES: Voluntary Chapter 11 Case Summary
PURDUE PHARMA: Requests More Time in Filing Chapter 11 Plan
RENTPATH HOLDING: Why FTC Is Trying to Block CoStar Acquisition

REVLON INC: Perelman Buys Loans at Loss After Debt Swap
ROBERT A. RYALS: $10K Sale of Interest in Clay County Property OK'd
ROBERT A. RYALS: $175K Sale of Ashland Property to Lowery Approved
ROBERT D. SPARKS: Sprys Buying Lubbock Property for $610K
RUBIO'S RESTAURANTS: Creditors to Take Huge Losses in Plan

RUNAMUK RIDES: Case Summary & 20 Largest Unsecured Creditors
RWDY INC: Dec. 16 Hearing on Disclosure Statement
RWDY INC: Unsecured Creditors to Get $10K Per Month Over 5 Years
S-TEK 1 LLC: Case Summary & 7 Unsecured Creditors
SANDRIDGE ENERGY: Icahn Steps In After Company Loses Bank Credit

SPEEDCAST INT'L: Court Approves the $12 Million Executive Bonuses
SPRINGFIELD HOSPITAL: Dec. 9 Plan Confirmation Hearing Set
STEIN MART: Bought by Pier 1 Owner for $6 Million
SUNDANCE ENERGY: Fails Nov. 30 Deadline to Reach Deal With Lenders
TAKING KIDZ: Unsecured Creditors Will Get 30% in Plan

THOMAS J. SCHMUTZ: Selling 40-Acre Jefferson Property for $160K
TITAN PHARMACEUTICALS: Has $4.9M Net Loss for Sept. 30 Quarter
TM HEALTHCARE: Has Until Jan. 15, 2021 to File Plan & Disclosures
TOWER ONE WIRELESS: Posts CAD211K Net Income for March 31 Quarter
TPT GLOBAL: Has $1.4-Mil. Net Loss for Quarter Ended Sept. 30

TRANS-LUX CORP: Says Substantial Going Concern Doubt Exists
TRANSATLANTIC PETROLEUM: Has $3.0M Net Loss for Sept. 30 Quarter
TRANSFORMATION TECH: Dec. 21 Interface Membership Interests Auction
TRATTORIA SAN DOMENICO: Closes Restaurant, Files for Chapter 7
US CELLULAR: Moody's Assigns Ba1 Rating on Proposed Unsec. Notes

US REAL ESTATE (BUILDER): Aloha Files Joinder for Trustee Bid
US REAL ESTATE EQUITY: Aloha Joins Bid to Appoint Ch. 11 Trustee
VICTERRA ENERGY: Unsecureds to Get Paid from $250K Sale Proceeds
VIDEO RIVER: Incurs $42,675 Net Loss in Third Quarter
VIVUS INC: Shareholder Wants Chapter 11 Trustee or Examiner in Case

VRAI TABERNACLE: Tobias Buying Palm Springs Property for $2 Million
WALKER MACHINE: Hamm Buying Adamsville Property for $500K
WEST HOUSTON: Patient Care Ombudsman Files 9th Interim Report
WHITE STALLION: Case Summary & 30 Largest Unsecured Creditors
WHITNEY HARRIS: Pharmacy Closing After Bankruptcy Filing

YOUFIT HEALTH: Law Firm of Russell Represents Utility Companies
[*] EPIQ: Predictions for Bankruptcies in 2021
[^] BOOK REVIEW: The First Junk Bond

                            *********

11965 SAN PABLO: Outvst Buying El Cerrito Property for $3.75M
-------------------------------------------------------------
11965 San Pablo, LLC, asks the U.S. Bankruptcy Court for the
Northern District of California to authorize the sale of the real
property commonly known as 11965 San Pablo Avenue, El Cerrito,
California, together with the improvements thereon and personal
property related thereto, to Outvst Accelerator, LLC for $3.75
million, cash.

The general terms of the proposed Purchase and Sale Agreement are:

          a. The sale is for cash with no contingencies and in an
"as is" condition.

          b. The sales price is $3.75 million.

          c. The Closing will take place within 30 days of the
Court's final order approving the sale.

The Property will be vacant at Closing, free and clear of all
tenancies and rights of others.

The sale will be free and clear of all liens and rights of others,
subject only to the Permitted Exceptions and insurable at regular
rates. Actual possession of the Real Property will be delivered to
Purchaser at Closing.  Title to the Real Property will be conveyed
by delivery by a general warranty deed in form reasonably
acceptable to the Purchaser.

Within five business days following the approval of the Court, the
Seller, the Purchaser and Fidelity Title will execute an Escrow
Agreement, pursuant to which the Purchaser will deposit with the
Escrow Agent the sum of $100,000.

A hearing on the Motion is set for Jan. 11, 2021 at 10:00 a.m.

A copy of the Agreement is available at
https://tinyurl.com/y6lopzo2 from PacerMonitor.com free of charge.

The Purchaser:

          OUTVST ACCELERATOR LLC  
          1560 Brookhollow Dr., Suite 104
          Santa Ana, CA 92705
          Attn: Alex Wong

                     About 11965 San Pablo

11965 San Pablo, LLC, located at 11965 San Pablo Avenue, El
Cerrito, California is a Single Asset Real Estate debtor.

11965 San Pablo, LLC sought Chapter 11 protection (Bankr. N.D. Cal.
Case No. 20-41443) on Sept. 1, 2020.  In the petition signed by
Jack Boyajian, manager, the Debtor was estimated to have assets and
liabilities in the range of $1 million to $10 million.

The case is assigned to Judge Charles Novack.

The Debtor tapped Jeffrey Lewiston, Esq., as counsel.


1400 NORTHSIDE: Kinchen Buying Woodstock Property for $710K Cash
----------------------------------------------------------------
Cummins Beveridge Jones, II, an affiliate of 1400 Northside Drive,
Inc., asks the U.S. Bankruptcy Court for the Northern District of
Georgia to authorize the sale of the house and lot located in
Cherokee County, Georgia, having a street address of 2697 South
Cherokee Lane, Woodstock, Georgia, to Keith Kinchen and/or assigns
for $710,000, cash.

Movant Cummins owns several pieces of real estate containing
significant equity.  He desires to liquidate some or all of his
properties in order to generate funds with which to pay his
creditors.  With regard to the Motion, he owns the Property.  The
Debtor has listed the value of the Property in his bankruptcy
schedules at $850,000.  However, the Debtor has marketed the
Property post-Petition and the Sale Agreement with a sales price of
$710,000 represents the highest and best offer received.

Specialized Loan Servicing as assignee of Wells Fargo Bank, NA.
holds a mortgage claim in the approximate amount of$56,563 (Proof
of Claim No. 9 and Transfer Doc. No. 24).  The Cherokee County Tax
Commissioner asserts a claim for ad valorem taxes in the amount of
$7,176 for tax year 2019 (see Proof of Claim No. 12-1) plus taxes
for tax year 2020.  And reference is made to that certain Notice of
Federal Tax Lien dated Oct. 2, 2014 in the amount of $109,089 filed
Oct. 10, 2014, Lien Book 743, Page 313, with the Clerk of Superior
Court of Cherokee County, Georgia encumbering the Property.
However, the Debtor believes that he paid the underlying debt in
full pre-Petition.  He is researching his records regarding the
matter.

The Purchase and Sale Agreement with a Binding Agreement Date of
Nov. 7, 2020, as amended on Nov. 14, 2020, with regard to the
Property is subject to Court approval.  The Movant submits that the
following is an accurate summary of the terms of the Sale Agreement
although parties in interest are urged to read the Sale Agreement
so that they may fully understand its terms.  The gross purchase
price is $710,000 cash at closing.  There is a financing
contingency but the Buyer has been pre-qualified for a mortgage
loan.

The Movant will pay a commission at closing equal to 6% of the
gross sales price, or $42,600, $21,300 of which will be paid at
closing to 515 Life Real Estate Co., LLC representing him as the
listing broker, and $21,300 of which will be paid at closing to
real estate broker Atlanta Communities representing the Buyer.  The
earnest money in the amount of $7,000 is held in escrow by closing
attorneys Weissman, Attorneys at Law.  The closing is to occur by
Jan. 4, 2021.

The Movant asks entry of an Order authorizing him to consummate the
closing of the sale of the Property to Buyer pursuant to the terms
of the Sale Agreement.  The sale is to be conducted free and clear
of all liens, claims, encumbrances and interests, with all liens,
claims, encumbrances and interests to attach to the proceeds of the
sale.

He further asks authority to pay the Sales Proceeds at Closing as
follows:

     a. All usual and customary closing costs and prorations at
Closing as reflected in the Sale Agreement;

     b. The mortgage payoff to Specialized Loan Servicing as
assignee of Wells Fargo Bank, N.A. in the approximate amount of
$56,563;

     c. Ad valorem property taxes due to the Cherokee County Tax
Commissioner in the approximate amount of $7,176.49 for tax year
2019 plus taxes due for year 2020;

     d. It must be determined whether the Notice of Federal Tax
Lien in the amount of $109,088.54 referenced in paragraph number 4
hereinabove was paid pre-Petition.  If not, then it will be paid at
closing; and

     e. A real estate commission equal to 6% of the gross sales
price, or $42,600, $21,300 of which will be paid at closing to 515
Life representing the Movant as listing broker, and $21,300 of
which will be paid at closing to real estate broker Atlanta
Communities representing the Buyer.

The remaining net sales proceeds will be deposited into the
Debtor's DIP checking account.

The Movant asks that Federal Rule of Bankruptcy Procedure 6004(g)
be waived so that he may immediately implement and enforce any
Order approving the Motion upon its entry with the Clerk of Court.

A copy of the Contract is available at https://tinyurl.com/y6cg8wdy
from PacerMonitor.com free of charge.   

The Purchaser:

          Keith Kinchen
          E-mail: Wilsonkinchen@bellsouth.net
     
                  About 1400 Northside Drive

1400 Northside Drive, Inc., owner of a male strip club known as
Swinging Richards, filed a voluntary Chapter 11 petition (Bankr.
N.D. Ga. Case No. 19-56846) on May 2, 2019.  The case is jointly
administered with the Chapter 11 case filed by Cummins Beveridge
Jones II (Bankr. N.D. Ga. Case No. 19-20853), the Debtor's chief
executive officer and chief financial officer.  

At the time of the filing, 1400 Northside Drive was estimated to
have $50,000 to $100,000 in assets and $1 million to $10 million in
liabilities.

Judge James R. Sacca oversees the case.  

Paul Reece Marr, P.C., is the Debtor's legal counsel.


5019 PARTNERS: Dec. 10 Disclosure Statement Hearing Set
-------------------------------------------------------
Judge Victoria S. Kaufman of the U.S. Bankruptcy Court for the
Central District of California, San Fernando Valley Division, has
entered an order within which the hearing on the adequacy of the
proposed disclosure statement will be held on December 10, 2020 at
1:00 p.m.

In addition, November 25, 2020 is the deadline for the Debtor to
file a status report regarding its progress toward confirming a
chapter 11 plan, to be served on the debtor's 20 largest unsecured
creditors, all secured creditors, and the United States Trustee.

A full-text copy of the order dated October 23, 2020, is available
at https://tinyurl.com/y696pu5n from PacerMonitor.com at no
charge.

                           About 5019 Partners

5019 Partners, LLC, is a privately held company engaged in
activities related to real estate.  5019 Partners owns a single
family residential rental property in Encino, CA, having a current
value of $700,000, based on actual condition of the property.

The Company previously sought bankruptcy protection on May 22, 2008
(Bankr. C.D. Cal. Case No. 08-13370).

5019 Partners, LLC, based in Encino, CA, filed a Chapter 11
petition (Bankr. C.D. Cal. Case No. 20-10320) on Feb. 11, 2020.  In
the petition signed by Tyler Murphy, managing member, the Debtor
disclosed $700,900 in assets and $1,035,236 in liabilities.  The
Hon. Martin R. Barash is the presiding judge.  Dana M. Douglas,
Esq., serves as bankruptcy counsel to the Debtor.


5019 PARTNERS: Unsec. Creditors Owed $1.54M to Split $18K in Plan
-----------------------------------------------------------------
5019 Partners, LLC filed the First Amended Disclosure Statement
describing Chapter 11 Plan on October 22, 2020.

Class 3 General unsecured claims totaling $1,536,865.57. Unsecured
creditors will be paid $300 monthly beginning on the Effective
Date. The total payout is 0.02% or $18,000.

A full-text copy of the First Amended Disclosure Statement dated
October 22, 2020, is available at https://tinyurl.com/yy5durza from
PacerMonitor.com at no charge.

Attorney for 5019 Partners, LLC:

     Dana M. Douglas (SBN 220053)
     Attorney at Law
     11024 Balboa Blvd., No. 431
     Granada Hills, CA 91344
     MAILING ADDRESS:
     4712 Admiralty Way #1001
     Marina del Rey, CA 90292
     Tel: 818-360-8295
     Fax: 530-273-3702
     E-mail: dana@danamdouglaslaw.com

                       About 5019 Partners

5019 Partners, LLC, is a privately held company engaged in
activities related to real estate. 5019 Partners owns a single
family residential rental property in Encino, CA, having a current
value of $700,000, based on actual condition of the property.

The Company previously sought bankruptcy protection on May 22, 2008
(Bankr. C.D. Cal. Case No. 08-13370).

5019 Partners, LLC, based in Encino, CA, filed a Chapter 11
petition (Bankr. C.D. Cal. Case No. 20-10320) on Feb. 11, 2020. In
the petition signed by Tyler Murphy, managing member, the Debtor
disclosed $700,900 in assets and $1,035,236 in liabilities. The
Hon. Martin R. Barash is the presiding judge. Dana M. Douglas,
Esq., serves as bankruptcy counsel to the Debtor.


5CR TRAILER SALES: Brouns Buying Stephenville Property for $410K
----------------------------------------------------------------
5CR Trailer Sales, Inc., asks the U.S. Bankruptcy Court for the
District of Idaho to authorize the private sale of the real
property referred to as A/683 Wm Sims, 10.81 Acres, Erath County,
325 County Road 437, Stephenville, Texas to Charles L. Broun, Jr.
and Cathy L. Broun for $410,000, cash.

The Debtor intends to sell all right, title and interest in the
Subject Property, free and clear of liens and interests, with all
valid liens to attach to the proceeds.  According to the title
report, there are no liens thereon save current taxes and
assessments.  The selling price for the Subject Property is
$410,000, as set forth in the accompanying HUD closing statement.
It is a private sale.

The Debtor's principal, Shane Miller, was going to refinance the
Property and pay the proceeds to the Debtor as additional capital
infusion.  Subsequently, he received an offer to sell, which was
accepted.  However, on Dec. 1, 2020, it was discovered that the
Debtor is the last deeded owner of the Property.  Consequently, the
Property is property of the bankruptcy estate, and must be sold
through the provisions of the Bankruptcy Code.

The closing is to be completed is Dec. 31, 2020, upon approval by
the Court.  The terms of the sale will be for cash at the time of
the closing.

To the best of the Debtor's information and belief, and according
to the title report, the Subject Property is subject to no other
liens or encumbrances.

The Debtor's share of closing costs are limited to the commission
of the Realtor, if approved by the Court.  The Realtor is Hayden
Real Estate of Stephenville, Texas.  The net proceeds of sale,
after payment of the sales commission and the buyer's premium, if
any, will be distributed to the Debtor, to be used as additional
capital and to fund its proposed Plan.

The Debtor further asks the Court to authorizes the payment of a
sales commission related to the sale of the Subject Property.  The
proposed amount to be paid as sales commission is 6% of the sales
price.  The Realtor was originally retained by Mr. Miller, but that
was before the true title status of the property was discovered.
The Commission will be paid upon approval of employment of the
Realtor, and payment of the commission, by the Court.

The Trustee notifies all Parties in Interest that she asks the
Court to waive the requirements of Rule 6004(h) of the Federal
Rules of Bankruptcy Procedure, thereby asking immediate
effectiveness of the Order approving the sale of the Subject
Property without regard
to an automatic stay of 14 days of the effectiveness of the Order
provided by Rule 6004(h).

A copy of the Contract is available at https://tinyurl.com/y62ltp9s
from PacerMonitor.com free of charge.

                    About 5CR Trailer Sales

5CR Trailer Sales, Inc., based in Nampa, ID, filed a Chapter 11
petition (Bankr. D. Idaho Case No. 20-00854) on Sept. 23, 2020.  In
the petition signed by CW Conner, CEO, the Debtor disclosed
$265,952 in assets and $1,883,984 in liabilities.  The Hon. Noah G.
Hillen presides over the case.  The Law Office Of D. Blair Clark,
PC, serves as bankruptcy counsel to the Debtor.


AAC HOLDINGS: Quality of Care Is Adequate, Says PCO's 2nd Report
----------------------------------------------------------------
David N. Crapo, Esq., the Patient Care Ombudsman appointed for AAC
Holdings, Inc., et al., submits his Second Report before the U.S.
Bankruptcy Court for the District of Delaware covering the period
from September 21, 2020, through November 30, 2020.

The PCO reported that the quality of care provided to the debtors'
patients continues to be acceptable and is not currently declining
or otherwise materially compromised.

Moreover, the PCO noted that the oversight and supervision provided
by the management of the Debtors and the competence, attentiveness,
and loyalty of the Debtors'clinical staff patients will likely
continue to uncover the quality of care deficits if they arise.

A copy of the Second Report is available at https://bit.ly/2L2AIm8
from PacerMonitor.com for free.

                      About AAC Holdings

AAC Holdings, Inc., owns American Addiction Centers, substance
abuse treatment facilities for individuals with drug and alcohol
addiction in the United States.  AAC provides inpatient and
outpatient substance use treatment services for individuals with
drug addiction, alcohol addiction, and co-occurring mental or
behavioral health issues.

AAC Holdings and its affiliates sought protection under Chapter 11
of the Bankruptcy Code (Bankr. D. Del. Lead Case No. 20-11648) on
June 20, 2020.  The Debtors disclosed that they had $449.35 million
in assets and $517.40 million in liabilities as of Feb. 29, 2020.

Judge John T. Dorsey oversees the cases. The Debtors tapped
Greenberg Traurig, LLP as their bankruptcy counsel, Chipman Brown
Cicero & Cole, LLP as conflicts counsel, and Cantor Fitzgerald as
an investment banker. Donlin, Recano & Company, Inc. is the
Debtors' notice, claims, and balloting agent and administrative
advisor.

The U.S. Trustee for Regions 3 and 9 appointed a committee of
unsecured creditors. The committee is represented by Cole Schotz
P.C.


ADAMIS PHARMACEUTICALS: Describes Planned Response to ZIMHI CRL
---------------------------------------------------------------
Adamis Pharmaceuticals Corporation announced a planned response to
a Complete Response Letter (CRL) from the U.S. Food and Drug
dministration, regarding its New Drug Application (NDA) for Adamis'
ZIMHI high dose naloxone injection product for the treatment of
opioid overdose.

The CRL, received Nov. 13, 2020, identified deficiencies that the
FDA determined must be corrected before the Agency can approve the
NDA, and provided recommendations needed for resubmission.  FDA had
not previously identified those deficiencies.  Adamis intends to
address all the deficiencies raised in the CRL and request that FDA
approve the NDA.  All of the company's responses to the
deficiencies will be submitted before year end.  The company will
then ask the FDA for a Type A meeting.  If the matter cannot be
resolved with the FDA Division that sent the CRL, Adamis intends to
appeal the matter within the agency through a Formal Dispute
Resolution.

Dr. Dennis J. Carlo, president and chief executive officer of
Adamis Pharmaceuticals, stated, "We believe our high dose naloxone
product (ZIMHI) offers a greater possibility to save lives given
the high rates of synthetic opioid (fentanyl) overdoses.  As the
COVID-19 pandemic increases, the number of deaths due to opioid
overdoses has also risen.  Currently, only lower dose naloxone
products are available.  Recently, the injectable Evzio products
have been discontinued, leaving no available intramuscular products
approved for the layperson.  This leaves a therapeutic vacuum that
our high dose product would automatically fill and potentially save
thousands of lives."

                     About Adamis Pharmaceuticals

Adamis Pharmaceuticals Corporation --
http://www.adamispharmaceuticals.com-- is a specialty
biopharmaceutical company primarily focused on developing and
commercializing products in various therapeutic areas, including
respiratory disease, allergy and opioid overdose.  The company's
SYMJEPI (epinephrine) Injection 0.3mg and SYMJEPI (epinephrine)
Injection 0.15mg products were approved by the FDA for use in the
emergency treatment of acute allergic reactions, including
anaphylaxis.

Adamis reported a net loss of $29.31 million for the year ended
Dec. 31, 2019, compared to a net loss of $39 million for the year
ended Dec. 31, 2018.  As of Sept. 30, 2020, the Company had $43.91
million in total assets, $16.52 million in total liabilities, and
$27.39 million in total stockholders' equity.

Mayer Hoffman McCann P.C., in San Diego, California, the Company's
auditor since 2007, issued a "going concern" qualification in its
report dated March 30, 2020 citing that the Company has incurred
recurring losses from operations and is dependent on additional
financing to fund operations.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.


AFFORDABLE TOWING: Hearing on Disclosures, Dismissal Dec. 15
------------------------------------------------------------
Judge Andrea K. McCord scheduled a hearing Dec. 1, 2020 to consider
the disclosure statement of Affordable Towing & Recovery, Inc.

According to a minute entry, a hearing on the Disclosure Statement
was held Dec. 1, 2020, but the matter has been continued.  A
further hearing will be held at Dec. 15, 2020 at 10:30 a.m. Eastern
Time.

The Court is also hearing a motion by the U.S. Trustee to dismiss
the case or convert the case to a Chapter 7 liquidation.

"The Court has entered2 orders of contempt against the Debtor for
failure to follow previous orders of the Court.  In turn, the
Debtor has failed to comply with the Contempt Orders," the U.S.
Trustee pointed out.

"The Contempt Orders require the Debtor to surrender substantially
all the assets required for the Debtor to conduct business.
Therefore, it appears that the Debtor is unable to file and confirm
a feasible plan or rehabilitate and the case should therefore be
dismissed pursuant to 11 U.S.C. Sec. 1112(b)(4)(M)and
1112(b)(4)(A).

              About Affordable Towing & Recovery

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


AFFORDABLE TOWING: Unsecureds to Get Paid From Revenue Over 5 Years
-------------------------------------------------------------------
Affordable Towing & Recovery, Inc. filed with the U.S. Bankruptcy
Court for the Western District of Kentucky, Louisville Division, a
Disclosure Statement describing Plan of Reorganization on October
20, 2020.

Class 2 consists of general unsecured claims of Bonnie Tyler,
George Stephen Fussnecker and Multi-Service Technology Solutions,
Inc. Class 2 general unsecured claims shall be paid on a pro-rata
monthly basis from Debtor's revenue over a 60-month period.

Upon the Effective Date, the Debtor will retain all its property
and shall pay administrative claims and U.S. Trustee fees from
revenue derived from its operations. Debtor shall use its
operational revenue to make pro-rata distributions to Class 2-A
Unsecured Claimants during a sixty (60) month repayment period.
Monthly payments to secured creditors shall be made in the amounts
stated in the Debtor's existing contracts with those creditors for
a period of 60 months after the Effective Date, and the Debtor
shall seek authority to sell its nonessential assets and apply the
proceeds thereof to creditors holding a valid security interest in
each asset to be sold.

The Debtor reasonably believes that its operations have stabilized
and should continue to improve going forward.

A full-text copy of the Disclosure Statement dated October 20,
2020, is available at https://tinyurl.com/y55397qh from
PacerMonitor at no charge.

Counsel for Debtor:
Michael W. McClain
McClain DeWees, PLLC
6008 Brownsboro Park Blvd., Suite H
Louisville, KY 40207
Phone: (502) 749-2388
Fax: (888) 779-7428
E-mail: mmcclain@mcclaindewees.com

         About Affordable Towing & Recovery

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


ALFREDO GONZALEZ: Cisneros Buying Harlingen Property for $175K
--------------------------------------------------------------
Alfredo Gonzalez and Hector Facundo ask the U.S. Bankruptcy Court
for the Southern District of Texas to authorize the sale of their
non-exempt real property identified as 21485 Rusty Lane, Harlingen
Texas to Carlos Cisneros $175,000.

The Subject Property has a current listing price of $154,500.  It
does not have any Liens attached to it with regards to agreements
and it is therefore free and clear in that sense.  However, the
Debtors believe that it may have encumbrances, with regards to
Judgement Liens and or Statutory liens, affecting it.

By the Motion, the Debtors ask an Order of the Court, authorizing
them to sell to the Buyer the Property further described in their
One to Four Family Residential Contract (Resale) Contract.  Exhibit
A contains an estimated breakdown of the closing cost provided by
the Debtors' Realtor Connie De La Garza.   

The Purchaser's offer is the best that has been received for the
Property and the sale price is consistent with the fair market
value of the Property.  The Purchaser is prepared to pay the
purchase price, immediately and has provided proof of funds to the
listing Agent: It is a "Conventional Loan" sale.  The closing date
for the Contract is Nov. 19, 2020.   

The closing cost will include the ad valorem taxes, if any, will be
paid on a prorated based amount on the date of closing.  Other
closing costs will include but are not limited to are: Title
Policy; Survey fee, Sellers' assistance to buyers; Tax service fee;
Escrow fee; State Fees; Documents Preparation; Sales Commission
will be paid with the $175,000 sales proceeds.

After payment of all amounts owed at closing, the balance that
Debtors may receive, if any, the Debtors will use those funds to
pay any other lien creditor affecting the property.  Judgement
Liens, if deem valid and having presented all proper documentation,
will be paid on the date of closing with the remaining amounts of
$156,137 as estimated and stated on Exhibit A.

After payment of all amounts owed at closing, the balance that
Debtors may receive, if any, the Debtors will use those funds to
pay any remaining monies paid to the Chapter 11 Plan and amounts
will be placed in the Debtors DIP account.  Then once the Debtors'
Chapter 11 Plan approved, the funds will be disbursed to the
Creditors.

The Debtors ask that the notice and deadline for responses and
objections, pursuant to Federal Rule of Bankruptcy Procedure 2002,
be shortened to one day, specifically, Nov. 11, 2020 and, schedule
the hearing on the Motion for Nov. 13, 2020 at 9:00 a.m. (CT) via
Telephonic and Video Participation.  Objections, if any, must be
filed within 21 days from the date notice.

A copy of the Contract and Exhibit A is available at
https://tinyurl.com/yxf9vfyh from PacerMonitor.com free of charge.

Alfredo Gonzalez and Hector Facundo sought Chapter 11 protection
(Bankr. S.D. Tex. Case No. 20-10209) on Aug. 31, 2020.  The Debtors
tapped Christopher Phillippe, Esq., as counsel.


ASCENA RETAIL: B. Riley Financial Buys Stake in Justice Brand
-------------------------------------------------------------
Lauren Coleman-Lochner of Bloomberg News reports that B. Riley
Financial said it has purchased a "significant interest" in tween
clothing brand Justice through an investment in Bluestar Alliance
LLC.  Bluestar won approval to buy Justice after its former parent,
Ascena Retail Group, filed for bankruptcy.

Brand had more than $1 billion in revenue last 2019 and "represents
an extremely compelling investment at an attractive valuation,"
Chairman and co-CEO Bryant Riley said in statement Wednesday,
December 2, 2020.

B. Riley says it seeks to expand licensing revenue from brands and
pursue more acquisitions in the consumer space. The move follows a
$116.5 million investment to establish a brand portfolio.

                    About Ascena Retail Group

Ascena Retail Group, Inc. (Nasdaq: ASNA) is a national specialty
retailer offering apparel, shoes, and accessories for women under
the Premium Fashion (Ann Taylor, LOFT, and Lou & Grey), Plus
Fashion (Lane Bryant, Catherines and Cacique), and Value Fashion
(Dressbarn) segments, and for tween girls under the Kids Fashion
segment (Justice). Ascena, through its retail brands, operates
ecommerce websites and approximately 2,800 stores throughout the
United States, Canada, and Puerto Rico. Visit
http://www.ascenaretail.com/for more information.

Ascena Retail reported a net loss of $661.4 million for the fiscal
year ended Aug. 3, 2019, a net loss of $39.7 million for the year
ended Aug. 4, 2018, and a net loss of $1.06 billion for the year
ended July 29, 2017.

On July 23, 2020, Ascena Retail Group and its affiliates sought
Chapter 11 protection (Bankr. E.D. Va. Case No. 20-33113). As of
Feb. 1, 2020, Ascena Retail had $13,690,710,379 in assets and
$12,516,261,149 in total liabilities.

The Hon. Kevin R. Huennekens is the case judge.

The Debtors tapped Kirkland & Ellis LLP and Cooley LLP as
bankruptcy counsel, Guggenheim Securities, LLC, as financial
Advisor, and Alvarez and Marsal North America, LLC as restructuring
advisor. Prime Clerk, LLC is the claims agent.

                          *     *     *

In September 2020, FullBeauty Brands Operations, LLC, won an
auction to acquire Ascena's Catherines intellectual property assets
for a base purchase price of $40.8 million and potential upward
adjustment for certain inventory.

In November 2020, Ascena won approval to to sell the intellectual
property of its Justice Brand and other Justice brand assets to
Justice Brand Holdings LLC, an entity formed by Bluestar Alliance
LLC (a leading brand management company), for $90 million.

The Company continues to operate its Ann Taylor, LOFT, Lane Bryant,
and Lou & Grey brands as normal through a reduced number of retail
stores and online.


AVID BIOSERVICES: Posts $2.3 Million Net Income in Second Quarter
-----------------------------------------------------------------
Avid Bioservices, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing net income
of $2.28 million on $21.06 million of revenues for the three months
ended Oct. 31, 2020, compared to a net loss of $430,000 on $18.31
million of revenues for the three months ended Oct. 31, 2019.

For the six months ended Oct. 31, 2020, the Company reported net
income of $7.01 million on $46.45 million of revenues compared to a
net loss of $3.59 million on $33.57 million of revenues for the
same period in 2019.

As of Oct. 31, 2020, the Company had $113.59 million in total
assets, $64.21 million in total liabilities, and $49.38 million in
total stockholders' equity.

"During the second quarter, we recorded strong revenues, expanded
our customer base and project pipeline, and advanced the company's
expansion plans," stated Nicholas Green, president and chief
executive officer of Avid Bioservices.  "Driven by growth in
customer demand, the company achieved higher-than-expected revenues
and margins, and generated operating cash flow and income from
operations during the period.  In consideration of these results
combined with our substantial backlog and our visibility into
customer demand, we are raising revenue guidance for fiscal 2021
from between $76 and $81 million to between $84 and $88 million.

"On the business development front, our team continues to execute,
signing new business orders and project expansion orders with
existing customers for $28 million during the quarter and
increasing backlog to $67 million, our highest level since becoming
a pure-play CDMO.

"With respect to operations, we have completed a comprehensive
review of our options and have initiated a phased approach plan for
expansion.  Phase 1, which is currently underway, is focused on the
streamlining of existing facilities.  We are confident that this
work will allow us to optimize capacity, increase revenue, minimize
near-term expense, and best align our expansion with growth in
customer demand.

"And finally, it is important to note that we continue to execute
our business and achieve growth without interruption to our
operations as a result of the COVID-19 pandemic.  This resilience
is due largely to the diligence and dedication of our employees.
Despite these challenging times, Avid’s incredible workforce
remains committed to excellence to ensure the highest quality
product for our clients."

Financial Highlights and Guidance

  * Revenues for the second quarter of fiscal 2021 were $21.1
    million, a 15% increase compared to revenues of $18.3 million
    recorded during the second quarter of fiscal 2020.  The year-
    over-year increase in revenue was primarily attributable to the

    growth in the number and scope of in-process and/or completed
    manufacturing runs during the quarter.  In addition, the
    increase in manufacturing revenues included the recognition of

    $1.7 million from changes in estimated variable revenue
    consideration as a result of completing performance obligations

    for certain projects during the quarter, therefore increasing
    revenue recognized for those projects during the period.  For
    the first six months of fiscal 2021, revenues were $46.5
    million, a 38% increase as compared to revenues of $33.6
million
    in the prior year period.  The increase in revenues can be
    attributed to a $13.6 million increase in manufacturing
revenues
    primarily due to an increase in the number and scope of in-
    process and/or completed manufacturing runs during the first
six
    months of fiscal 2021, partially offset by a $0.7 million
    decrease in process development revenues.

  * As of Oct. 31, 2020, revenue backlog was $67 million, an
    increase of 12% compared to $60 million at the end of the first

    quarter of fiscal 2021, and an increase of 3% compare to $65   
   
    million at the end of last fiscal year.  The company expects
to
    recognize the majority of this backlog over the next twelve
    months.

  * Gross margin for the second quarter of fiscal 2021 was 30%, a
    significant increase compared to a gross margin of 18% for the

    second quarter of fiscal 2020.  The increase in gross margin
for
    the 2021 quarter was primarily attributable to the growth in
    manufacturing revenues, including the $1.7 million in
additional
    manufacturing revenue recognized, as previously discussed.
    Excluding the $1.7 million in additional variable revenue
    consideration, gross margin for the second quarter was
    approximately 24%.  Gross margin for the first six months of
    fiscal 2021 was 32%, a significant increase compared to 13% in

    the prior year period.  This increase was also primarily due to

    the growth in manufacturing revenues.

  * Selling, general and administrative expenses for the second
    quarter of fiscal 2021 were $4.2 million, an increase compared
    to $3.5 million recorded for the second quarter of fiscal
2020.
    The increase during the 2021 quarter was due primarily to
    increases in payroll related costs, including stock-based
    compensation.  For the first six months of fiscal 2021, SG&A
    expenses were $8 million, consistent with $8 million for the
    prior year period.

  * For the second quarter of fiscal 2021, the company recorded a
    consolidated net income attributable to common stockholders of

    $0.8 million or $0.01 per basic and diluted share, as compared

    to a consolidated net loss attributable to common stockholders

    of $1.9 million or $0.03 per basic and diluted share, for the
    second quarter of fiscal 2020.  For the first six months of
    fiscal 2021, the company recorded a consolidated net income
    attributable to common stockholders of $4.5 million or $0.08
per
    basic and diluted share, compared to a consolidated net loss
    attributable to common stockholders of $6.1 million or $0.11
per
    basic and diluted share, for fiscal 2020.

  * Avid reported $35.7 million in cash and cash equivalents as of
    Oct. 31, 2020, an increase of $7.5 million compared to cash of

    $28.2 million at the end of the first quarter of fiscal 2021,
    and consistent with $36.3 million in cash as of the prior
fiscal
    year ended April 30, 2020.  The company also generated cash
    flows from operating activities of $8.1 million during the six
    months ended Oct. 31. 2020.

Recent Corporate Developments

  * Signed orders for $28 million during the quarter with new and
    existing customers, driving Avid's backlog to its highest level

    since transitioning to a dedicated CDMO.

  * Developed plans for a two-phased expansion of its Myford
    facility.  The first phase, which has commenced, expands the
    production capacity of its existing Myford North facility by
    adding a second downstream processing suite.  The second
phase,
    the timing of which will be dictated by revenue growth and
    projected customer demand, will further expand capacity through

    the build out of a second manufacturing train, including both
    upstream and downstream processing suites within Myford South.

    The company estimates the first phase will take approximately
12
    to 15 months to complete at an estimated cost of approximately

    $15 million and may increase the company's annual revenue
    generating capacity by up to $50 million, bringing the combined

    annual revenue generating capacity of its Franklin and Myford
    North facilities to up to $170 million.

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

https://www.sec.gov/Archives/edgar/data/704562/000168316820004150/avid_10q-103120.htm

                    About Avid Bioservices

Avid Bioservices -- http://www.avidbio.com-- is a dedicated
contract development and manufacturing organization (CDMO) focused
on development and CGMP manufacturing of biopharmaceutical drug
substances derived from mammalian cell culture.  The company
provides a comprehensive range of process development, CGMP
clinical and commercial manufacturing services for the
biotechnology and biopharmaceutical industries.  With over 27 years
of experience producing monoclonal antibodies and recombinant
proteins, Avid's services include CGMP clinical and commercial drug
substance manufacturing, bulk packaging, release and stability
testing and regulatory submissions support.  For early-stage
programs, the company provides a variety of process development
activities, including upstream and downstream development and
optimization, analytical methods development, testing and
characterization.  The scope of its services ranges from standalone
process development projects to full development and manufacturing
programs through commercialization.

Avid Bioservires reported a net loss of $10.47 million for the year
ended April 30, 2020, a net losses of $4.21 million for the year
ended April 30, 2019, and a net loss of $21.81 million for the year
ended April 30, 2018.  As of July 31, 2020, the Company had $105.56
million in total assets, $59.02 million in total liabilities, and
$46.54 million in total stockholders' equity.

"We currently anticipate that our cash and cash equivalents as of
April 30, 2020, excluding the aforementioned $4.4 million in loan
proceeds that were returned to the lender thereof in May 2020,
combined with our projected cash receipts from services to be
rendered under our existing customer contracts, will be sufficient
to fund our operations for at least the next 12 months from the
date of this Annual Report.

"In the event we are unable to generate sufficient cash flow to
support our current operations, we may need to raise additional
capital in the equity markets in order to fund our future
operations.  We may raise funds through the issuance of debt or
through the public offering of securities.  There can be no
assurance that these financings will be available on acceptable
terms, or at all.  Our ability to raise additional capital in the
equity and debt markets is dependent on a number of factors
including, but not limited to, the market demand for our common
stock.  The market demand or liquidity of our common stock is
subject to a number of risks and uncertainties including, but not
limited to, our financial results and economic and market
conditions.  Further, global financial crises and economic
downturns, including those caused by widespread public health
crises such as the COVID-19 pandemic, may cause extreme volatility
and disruptions in capital and credit markets, and may impact our
ability to raise additional capital when needed on acceptable
terms, if at all.  If we are unable to fund our continuing
operations through these sources, we may need to restructure, or
cease, our operations.  In addition, even if we are able to raise
additional capital, it may not be at a price or on terms that are
favorable to us.  Any of these actions could materially harm our
business, financial condition, results of operations, and future
prospects," the Company stated in its Fiscal 2020 Annual Report.


AWESOME FLIGHT: Case Summary & 12 Unsecured Creditors
-----------------------------------------------------
Debtor: Awesome Flight LLC
        199 Street
        Suite 900
        White Plains, NY 10601

Business Description: Awesome Flight LLC --
                      www.awesomeflight.com -- offers private,
                      exclusive helicopter charter transportation
                      services.

Chapter 11 Petition Date: December 2, 2020

Court: United States Bankruptcy Court
       Southern District of New York

Case No.: 20-23248

Judge: Hon. Robert D. Drain

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

Total Assets: $270,000

Total Liabilities: $1,015,440

The petition was signed by Keith Vitolo, owner.

A copy of the petition containing, among other items, a list of the
Debtor's 12 unsecured creditors is available for free at
PacerMonitor.com at:

https://www.pacermonitor.com/view/BFFBEEA/Awesome_Flight_LLC__nysbke-20-23248__0001.0.pdf?mcid=tGE4TAMA


B2B ENTERPRISE: Dec. 9 Plan & Disclosure Hearing Set
----------------------------------------------------
On Oct. 12, 2020, B2B Enterprise, Incorporated filed with the U.S.
Bankruptcy Court for the Northern District of Illinois, Eastern
Division, a Disclosure Statement and Plan of Reorganization.

On October 22, 2020, Judge Janet S. Baer ordered that:

* December 9, 2020, at 1:30 p.m. to be heard via Zoom either
electronically or by telephone is the combined hearing on the
adequacy of the Disclosure Statement pursuant to 11 U.S.C. Section
1125, and confirmation of the Plan.

* December 4, 2020, is fixed as the last day for filing and serving
written objections to the adequacy of the Disclosure Statement and
confirmation of the Plan.

* December 4, 2020, is fixed as the last day for filing written
acceptances or rejections of the Plan.

* Debtor's counsel shall file the ballot report as provided by
Local Rule 3018-1 on or before December 7, 2020.

A full-text copy of the order dated October 22, 2020, is available
at https://tinyurl.com/y44cbwoh from PacerMonitor.com at no
charge.

The Debtor is represented by:

       Joel A. Schechter
       53 West Jackson Blvd., Suite 1522
       Chicago, IL 60604
       Tel: 312-332-0267
       E-mail: joel@jasbklaw.com

                      About B2B Enterprise

B2B Enterprise, Incorporated filed Chapter 11 Petition (Bankr. N.D.
Ill. Case No. 19-35439) on December 17, 2019. Joel A. Schechter,
Esq. of LAW OFFICES OF JOEL A. SCHECHTER is the Debtor's Counsel.


BCPE EMPIRE: Moody's Rates New Incremental $180MM 1st Lien Loan B3
------------------------------------------------------------------
Moody's Investors Service assigned a B3 rating to BCPE Empire
Holdings, Inc.'s proposed $180 million incremental first lien term
loan due 2026. At the same time, Moody's affirmed Imperial Dade's
ratings, including the company's Corporate Family Rating (CFR) at
B3, Probability of Default Rating (PDR) at B3-PD, the rating on its
senior secured first lien term loan due 2026 at B3, and the rating
on its senior secured second lien term loan due 2027 at Caa2. The
outlook remains stable.

Proceeds from the proposed $180 million incremental first lien term
loan will be used to refinance $30 million of borrowings
outstanding on the company's asset-based lending (ABL) revolving
facility (unrated), fund six acquisitions currently under letter of
intent (LOI) for $105 million, and increase balance sheet cash by
about $35 million. The transactions are credit negative because
they will moderately increase financial leverage and cash interest
expense at a time when revenue is declining because of store
closures and volume reductions at Imperial Dade's foodservice
customers.

Moody's affirmed Imperial Dade's ratings because the company is
generating positive free cash flow, leverage remains within
expectations for the B3 rating given Imperial Dade's operating
profile, and the transactions will improve liquidity and expand the
company's footprint. Moody's estimates that pro forma for the
proposed incremental term loan and acquisitions debt/EBITDA will
increase to about 7.8x for the last twelve months period (LTM)
ending September 26, 2020, up from 7.4x at the end of fiscal 2019.
At the same time, Imperial Dade's liquidity will improve with
additional $35 million cash on hand and access to an undrawn $245
million ABL facility. Moody's views the company's planned
acquisitions as complementary because they will expand its
geographic presence, particularly in the California market, where
Imperial Dade continues to grow its customer base.

The following ratings/assessments are affected by the action:

New Assignments:

Issuer: BCPE Empire Holdings, Inc.

Senior Secured 1st Lien Term Loan, Assigned B3 (LGD3)

Ratings Affirmed:

Issuer: BCPE Empire Holdings, Inc.

Corporate Family Rating, Affirmed B3

Probability of Default Rating, Affirmed B3-PD

Senior Secured 1st Lien Term Loan, Affirmed B3 (LGD3)

Senior Secured 1st Lien Delayed Draw Term Loan, Affirmed B3 (LGD3)

Senior Secured 2nd Lien Term Loan, Affirmed Caa2 (LGD6) from
(LGD5)

Senior Secured 2nd Lien Delayed Draw Term Loan, Affirmed Caa2
(LGD6) from (LGD5)

Outlook Actions:

Issuer: BCPE Empire Holdings, Inc.

Outlook, Remains Stable

RATINGS RATIONALE

Imperial Dade's B3 CFR reflects its high financial leverage with
debt/EBITDA at around 7.8x for the LTM period ending September 26,
2020, pro forma for the incremental term loan and acquisitions.
Some of the company's end markets are experiencing closures and
materially reduced operations in response to the coronavirus
pandemic, which will negatively impact demand for the company's
products at least through the current outbreak. However, Moody's
expects the company's revenue and earnings will improve once the
economy emerges from recession, and debt/EBITDA will decline to
around 7.5x over the next 12-18 months. Imperial Dade is relatively
modest in scale with annual revenue of about $2.3 billion pro forma
for acquisitions, and has limited experience operating at its
current scale. The company's lack of national reach is partially
offset by its expanding presence near major metropolitan areas. The
company sells some low priced and commodity-oriented products for
which switching costs are low and there is potential for pricing
pressure. Governance factors include the company's aggressive
financial policies under private equity ownership, including
elevated financial leverage and its aggressive acquisition
strategy.

The credit profile also reflects Imperial Dade's well established
and growing market position as a specialty distributor of
foodservice disposables (FSD) and janitorial sanitation (Jan-San)
products, driven in part by its broad product breadth. The company
benefits from a relatively stable revenue stream owing to the
disposable nature of products sold, and has well-diversified
customer and supplier bases. Imperial Dade has relatively high
margins for the industry, buoyed by its standing as a larger player
in a fragmented market and its growing private label business. The
company's good liquidity reflects its $49 million of cash and
access to an undrawn $245 million ABL pro forma for the
transaction, $50 million of positive projected free cash flow over
the next 12 months, and lack of near-term maturities until the ABL
is due in 2024, which provides financial flexibility over the next
12 months.

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

The stable outlook reflects Moody's expectation that the company's
revenue and earnings will improve once the economy emerges with
debt/EBITDA remaining below 8.0x over the next 12-18 months, while
generating positive free cash flow on an annual basis. Moody's also
expects Imperial Dade will continue to pursue modestly sized
acquisitions.

The ratings could be upgraded if the company continues to grow its
footprint and revenue scale while maintaining stable profit margin,
and generates consistent healthy free cash flows on an annual
basis. The company would also need to sustain debt/EBITDA below
6.0x and EBITA/interest approaching 2.0x. A ratings upgrade will
also require at least good liquidity and financial policies that
support credit metrics at the above levels.

The ratings could be downgraded if liquidity weakens for any
reason, including the company generating weak or negative free cash
flow on an annual basis, if debt/EBITDA is sustained above 8.0x, or
EBITA/interest approaches 1.0x. Ratings could also be downgraded if
the company completes a large debt-financed acquisition or
distribution to shareholders that materially increases financial
leverage.

The principal methodology used in these ratings was Distribution &
Supply Chain Services Industry published in June 2018.

Headquartered in Jersey City, New Jersey, BCPE Empire Holdings,
Inc. (dba Imperial Dade), is a wholesale specialty distributor of
Foodservice Disposables (FSD) and Janitorial Sanitation (Jan-San)
products. Bain Capital acquired a majority stake in the company in
June 2019, with Imperial Dade's management and prior private equity
sponsor Audax continuing to hold minority stakes. Imperial Dade is
private and does not publicly disclose its financials. Pro forma
for recent acquisitions, Imperial Dade generated revenue of about
$2.3 billion for the twelve-month period ended June 30, 2020.


BIONIK LABORATORIES: Appoints Rich Russo as CFO
-----------------------------------------------
BIONIK Laboratories Corp. has appointed Richard Russo, Jr. as chief
financial officer, effective Nov. 30, 2020.  Mr. Russo will report
directly to Dr. Eric Dusseux, BIONIK's chief executive officer.

Mr. Russo joins BIONIK from ICarbonX, a privately held digital
health management company specializing in artificial intelligence
and health data, where he held the role of vice president of
Finance and U.S. chief financial officer.  He originally joined
PatientsLikeMe (PLM), then supported the business through the
merger of PLM, ICarbonX and HealthTell, where he was instrumental
in helping to close an investment by key Asian investors.  There,
he was responsible for establishing the financial strategies,
policies and procedures that scale for a much larger and global
company.  As a member of their leadership team, he worked to
develop and implement approaches that improved working capital as
well as support the overall management and strategic direction of
the global company.

"We would like to thank Leslie Markow for her contributions as CFO
to BIONIK Laboratories and for all of the work she has put in
during her time with the Company, as she transitions into the
temporary role of Deputy CFO," said Dr. Eric Dusseux, chief
executive officer, BIONIK Laboratories.  "We are excited to add
someone of Rich's stature and financial experience to a leadership
role during this important time of growth for our Company.  His
experience in leading finance teams and growing public companies,
his financial expertise in the field of artificial intelligence in
health data companies, and his exposure to Asia will be a
tremendous asset for us moving forward.  We welcome him and look
forward to his insights."

Before ICarbonX, Russo, Jr. held several key financial leadership
roles.  He served as Corporate Controller for Pieris
Pharmaceuticals, Inc., a clinical stage biotechnology company
listed on the NASDAQ.

Prior to that, at the Nasdaq-listed Juniper Pharmaceuticals, Mr.
Russo held the role of corporate controller and led a team
responsible for the finance function and SEC reporting.  At
Cynosure, also listed on the NASDAQ stock market, in the role of
Corporate U.S. Controller, Russo, Jr. led a team responsible for
all finance activities and the consolidation of several
subsidiaries.  In this role, he partnered closely with the business
leaders to ensure effective and efficient financial procedures
throughout the organization.

Mr. Russo began his finance career as an auditor with
Pricewaterhouse Coopers in their Boston office, and brings over 15
years of finance experience in publicly traded companies operating
in artificial intelligence, data, healthcare and manufacturing
sectors to his role at BIONIK.

"I am excited to step into the CFO role at BIONIK to help the
company continue executing its strategic plan, accelerate growth,
and deliver value to its shareholders," said Mr. Russo.  "The
company has made significant strides this year and is well
positioned to address some very attractive markets.  I am energized
by this opportunity and look forward to contributing to the
Company's success."

Mr. Russo is a graduate of Bridgewater State University's dual
degree program, where he received his Bachelor of Science in
Accounting and his Masters in Management and Accounting.  He also
holds the CPA designation.

                    About BIONIK Laboratories

BIONIK Laboratories -- http://www.BIONIKlabs.com/-- is a robotics
company focused on providing rehabilitation and mobility solutions
to individuals with neurological and mobility challenges from
hospital to home.  The Company has a portfolio of products focused
on upper and lower extremity rehabilitation for stroke and other
mobility-impaired patients, including three products on the market
and three products in varying stages of development.

Bionik reported a net loss and comprehensive loss of US$25.02
million for the year ended March 31, 2020, compared to a net loss
and comprehensive loss of US$10.56 million for the year ended March
31, 2019.  As of Sept. 30, 2020, the Company had $17.19 million in
total assets, $6.89 million in total current liabilities, and
$10.30 million in total shareholders' equity.

MNP LLP, in Toronto, Ontario, the Company's auditor since 2015,
issued a "going concern" qualification in its report dated June 25,
2020, citing that the Company's accumulated deficit, recurring
losses and negative cash flows from operations raise substantial
doubt about its ability to continue as a going concern.


BLACKJEWEL LLC: Former CEO Moves to Liquidate Company
-----------------------------------------------------
Sydney Boles of Ohio Valley Resource reports that the convoluted
bankruptcy of coal company Blackjewel has hit another turn of
events as the company's former CEO moved to liquidate the company.
A federal judge granted a motion last week to convert the
bankruptcy from Chapter 11 to Chapter 7.

That means that instead of exiting bankruptcy as a new company with
less debt, Blackjewel L.L.C. will effectively cease to exist.

Former Blackewel CEO Jeff Hoops, who is currently under
investigation for mismanagement of the company, said in a filing
that Blackjewel had only $146,000 in unrestricted funds, and could
not pay millions in back taxes, reclamation fees and employee
healthcare expenses.

"Given [Blackjewel's] lack of operating assets, permanent, negative
net cash flow, and continuing financial losses, there is no reason
to continue this proceeding as a Chapter 11 and incur the
substantial and unnecessary administrative expenses attendant to
doing so," Hoops and other filers said in the November 25 motion.

"It's pretty common for companies to shift from a Chapter 11 to a
Chapter 7 when they’re struggling like Blackjewel is," said
University of Chicago School of Law assistant professor Joshua
Macey, a coal bankruptcy expert. "Given how long this bankruptcy
has dragged on, how poor conditions for coal are right now, how
speculative and unprofitable Blackjewel's assets have been, it
isn’t surprising that it’s moving to a liquidation."

Still, Macey said, the move is another recognition by the coal
industry's major players that mining it is rarely profitable.

According to court filings, virtually all of Blackjewel's assets
have been sold, and the company's only remaining assets are
$146,243 in unrestricted cash and existing claims against Hoops,
his wife and children, and a handful of other parties.

Attorneys for Blackjewel attempted to sell Blackjewel's equipment
and mining permits in Kentucky, West Virginia, Virginia and Wyoming
soon after the company filed for Chapter 11 bankruptcy protection
in July 2019. Some permits were successfully sold, but others did
not sell, due in large part to the declining market for "steam"
coal, which is used to generate electricity. The assets that did
sell were recouped for far less than their value: Blackjewel sold
an estimated $357 million worth of assets for just $44 million.

Blackjewel accrued $80 million in administrative and other expenses
from July 1, 2019, through October 31, 2020.

According to court filings, Blackjewel also has multiple
outstanding permit violations, an unknown amount of outstanding
environmental reclamation liabilities, unpaid taxes totaling $3.2
million, tax liabilities of untold amounts, $14.9 million in unpaid
employee healthcare claims, unfunded pension obligations totaling
$11.9 million, and tens of millions due to the legal teams that
have administered the bankruptcy.

It is not clear how much of those debts will be repaid, but given
the Blackjewel estate’s dire financial straits and the conversion
to a Chapter 7 plan, it seems that a significant portion of those
debts will not be recovered.

The Chapter 7 petition comes nearly a year and a half after
Blackjewel abruptly filed for bankruptcy last July, leaving
hundreds of Appalachian coal miners out of work and unpaid, and
spawning one of the largest labor protests in the region in
decades.

                      About Blackjewel L.L.C.

Blackjewel L.L.C.'s core business is mining and processing
metallurgical, thermal and other specialty and industrial coals.
Blackjewel operates 32 properties, including surface and
underground coal mines, preparation or wash plants, and loadouts or
tipples. Combined, Blackjewel and its affiliates hold more than 500
mining permits. Operations are located in the Central Appalachian
Basin in Virginia, Kentucky and West Virginia and the Powder River
Basin in Wyoming.

Blackjewel L.L.C. and four affiliates filed voluntary petitions
seeking relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
W.Va. Lead Case No. 19-30289) on July 1, 2019. Blackjewel was
estimated to have $100 million to $500 million in asset and $500
million to $1 billion in liabilities as of the bankruptcy filing.

The Hon. Frank W. Volk is the case judge.

The Debtors tapped Squire Patton Boggs (US) LLP as bankruptcy
counsel; Supple Law Office, PLLC as local bankruptcy counsel; FTI
Consulting Inc. as financial advisor; Jefferies LLC as investment
banker; and Prime Clerk LLC as the claims agent.

The Office of the U.S. Trustee on July 3, 2019, appointed five
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Blackjewel LLC. Whiteford Taylor &
Preston LLP is the Committee's counsel.


BUZZARDS BENCH: Joint Plan of Reorganization Confirmed by Judge
---------------------------------------------------------------
Judge David R. Jones has entered findings of fact, conclusions of
law, and order approving the Disclosure Statement and confirming
the Joint Plan of Reorganization of Debtors Buzzards Bench, LLC and
Buzzards Bench Holdings, LLC.

The Plan and the various documents and agreements set forth in the
Plan Supplement provide adequate and proper means for
implementation of the Plan, thereby satisfying section 1123(a)(5)
of the Bankruptcy Code.

The Debtors have proposed the Plan in good faith and not by any
means forbidden by law, thereby satisfying section 1129(a)(3) of
the Bankruptcy Code. In determining that the Plan has been proposed
in good faith, this Court has examined the totality of the
circumstances surrounding the filing of the Chapter 11 Cases, the
Plan itself (and the Plan Supplement) and the formulation and
confirmation of the Plan.

The releases provided pursuant to Article X.D of the Plan (i)
represent a sound exercise of the Debtors' business judgment; (ii)
were negotiated in good faith and at arms' length; and (iii) formed
an essential part of the agreement among the Persons participating
in the negotiation and formulation of the Plan.

A full-text copy of the order dated November 20, 2020, is available
at https://tinyurl.com/y3t3lrs9 from PacerMonitor at no charge.

The Debtors are represented by:

        GRAY REED & McGRAW LLP
        Jason S. Brookner
        Paul D. Moak
        Lydia R. Webb
        1300 Post Oak Blvd., Suite 2000
        Houston, Texas 77056
        Telephone: (713) 986-7000
        Facsimile: (713) 986-7100
        E-mail: jbrookner@grayreed.com
                pmoak@grayreed.com
                lwebb@grayreed.com

                         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, Texas, 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,
chief executive officer, and manager.

The Honorable David R. Jones oversees the case. GRAY REED & MCGRAW
LLP, serves as bankruptcy counsel. Claro, LLC, serves as financial
and marketing advisor to the Debtors.

The Office of the U.S. Trustee on June 15, 2020, disclosed that no
official committee of unsecured creditors has been appointed in the
cases.

Counsel to lender 405 Redfish are Hunton Andrews Kurth LLP's Tad
Davidson -- taddavidson@HuntonAK.com -- and Joseph Rovira
--josephrovira@huntonak.com


BUZZARDS BENCH: Unsec. Creditors to Receive Nothing in Joint Plan
-----------------------------------------------------------------
Buzzards Bench, LLC (Buzzards Opco) and Buzzards Bench Holdings,
LLC (Buzzards Holdco and, collectively, the Debtors) filed with the
U.S. Bankruptcy Court for the Southern District of Texas, Houston
Division, a Disclosure Statement for the Joint Plan of
Reorganization on October 16, 2020.

The Plan is the result of extensive good faith discussions
encompasses a comprehensive restructuring of the Debtors' existing
debt obligations in these Chapter 11 Cases (the Restructuring). The
Restructuring proposed by the Debtors will provide substantial
benefits to the Debtors and their stakeholders, including, without
limitation, the following:

* Except as otherwise provided in the Plan, all assets of the
Debtors will revest in the Reorganized Debtors. The Restructuring
will issue new equity interests in Buzzards Holdco in full and
final satisfaction of the Allowed Prepetition Lender Secured Claims
and/or DIP Claims. After the Effective Date, holders of the Allowed
Prepetition Lender Secured Claims will own 100% of the equity
interests in Reorganized Buzzards Holdco. Buzzards Holdco will
continue to own 100% of the equity interests in Buzzards Opco.

* The continuation of Reorganized Buzzards Opco's business,
including the ability to participate in future exploration and
processing activities, will provide benefit by way of: maintaining
contractual relationships among working interest owners; continued
participation by Buzzards Opco in funding its portion of operating
and development costs for drilling, exploration, and production
operations; continued operation of the Gas Plant; maintaining
contract relationships in connection with operation of the Gas
Plant; and continued compliance with decommissioning and plugging
and abandonment obligations.

* The Restructuring will also provide the basis for moving forward
for Reorganized Buzzards Opco to continue to do business with many
current vendors and suppliers, thereby providing economic
contribution to the vendor and supplier community.

All Class 5 Unsecured Claims will be discharged and Holders of
Class 5 Claims will not receive any recovery or distribution on
account of their Claims.

All Old Buzzards Holdco Interests shall be cancelled and the
Holders such Interests will not receive any recovery or
distribution on account of their Interests.

All Old Buzzards Opco Interests shall remain effective and
outstanding.

All Cash necessary for the Debtors or the Reorganized Debtors to
make payments required pursuant to the Plan will be obtained from
their respective Cash on hand, including Cash from operations and
the Exit Facility. The Debtors and the Reorganized Debtors may also
make such payments using Cash received through their cash
management systems and the incurrence of intercompany
transactions.

A full-text copy of the Disclosure Statement dated October 16,
2020, is available at https://tinyurl.com/y3d6zu4u from
PacerMonitor at no 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, Texas, 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,
chief executive officer, and manager.

The Honorable David R. Jones oversees the case. GRAY REED & MCGRAW
LLP, serves as bankruptcy counsel. Claro, LLC, serves as financial
and marketing advisor to the Debtors.

The Office of the U.S. Trustee on June 15, 2020, disclosed that no
official committee of unsecured creditors has been appointed in the
cases.

Counsel to lender 405 Redfish are Hunton Andrews Kurth LLP's Tad
Davidson -- taddavidson@HuntonAK.com -- and Joseph Rovira
--josephrovira@huntonak.com


C&S GROUP: Moody's Assigns Ba3 CFR, Outlook Stable
--------------------------------------------------
Moody's Investors Service assigned a Ba3 corporate family rating
and Ba3-PD probability of default rating to C&S Group Enterprises
LLC. Moody's also assigned a B2 rating to the company's proposed
new senior unsecured notes. The outlook is stable.

"Although the loss of Ahold revenue will be in increments through
2024, it will ultimately lower EBITDA significantly", Moody's Vice
President Mickey Chadha stated. "The company's strategy to offset
the loss of revenue and EBITDA through renewed focus on higher
margin business with independent grocers comes with high execution
risk and competitive pressures", Chadha further stated.

Assignments:

Issuer: C&S Group Enterprises LLC

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

Reinstatements:

Issuer: C&S Group Enterprises LLC

Probability of Default Rating, Reinstated to Ba3-PD

Corporate Family Rating, Reinstated to Ba3

Outlook Actions:

Issuer: C&S Group Enterprises LLC

Outlook, Changed To Stable From Rating Withdrawn

RATINGS RATIONALE

C&S' Ba3 rating reflects the company's leading position in the
highly fragmented food distribution industry, a modest funded debt
level, and good liquidity. Moody's expects C&S's debt/EBITDA to be
about 2.5x in the next 12-18 months. The rating also reflects the
risks associated with the company's high customer concentration,
it's very thin margins, and its high fixed cost structure. In
December 2019 the company was notified by one of its largest
customers, Koninklijke Ahold N.V., that Ahold will not be renewing
its contract with C&S. Instead, Ahold intends to assume the
procurement role in connection with their plans to transform their
supply chain and distribution network operations. In fiscal 2019,
C&S' net sales to Ahold accounted for $10.9 billion or 42% of its
grocery and distribution sales. The Ahold sales are expected to
decline to $10.8 billion, $9.7 billion, $5.2 billion, $2.0 billion
and $0.7 billion for each of fiscal 2020, 2021, 2022, 2023 and
2024. In order to offset this loss, C&S plans to focus more on
sales to independent grocers as these sales offer higher margins
and will somewhat lower the company's sales concertation to bigger
grocery chains. This strategy will however take time to implement
and C&S will face competition from competitors like UNFI and
Wakefern. Independent grocers are also facing stiff competition
from large traditional grocers like Kroger and Albertsons and
non-traditional grocers like Walmart, Target and Costco. Moody's
expects the food retailing and especially smaller independent
grocers to remain highly competitive and under pricing pressure
once the pandemic induced demand for food at home subsides, buying
patterns normalize and restaurants reopen. If the company's plans
for organic growth through increased business volume to offset the
loss of the Ahold business does not materialize, Moody's expects
that the company will be compelled to grow the topline through
acquisitions. Going forward C&S's Warehouse Technologies business
will not be part of the restricted group and will not be
consolidated in the financial reporting for C&S Group Enterprises,
LLC. Although the company's profitability had been negatively
impacted by the continued investment in the Warehouse Technologies
business, the higher growth potential for this business and its
much higher margins compared to grocery wholesaling would have been
a positive for the company's overall credit profile and lenders in
the next couple of years. The rating also reflects governance
considerations, particularly its private ownership, low funded
leverage and history of distributions to its owners for tax
purposes.

The stable outlook reflects Moody's expectation that the company
will be able to reduce costs in proportion to its revenue declines
in order to prevent a deterioration in credit metrics.

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

A rating upgrade would require a stable operating environment, an
increase in business volumes to at least partially offset the loss
of the Ahold business and balanced financial policies particularly
regarding future growth through acquisitions. Quantitatively, an
upgrade would require EBITA/interest sustained above 3.5 times and
debt/EBITDA sustained below 2.5 times. An upgrade will also require
an improvement in operating margins towards 1% as evidence that the
company's strategy of diversifying its revenue base with
independent grocers is seeing some success.

Any other material loss of revenue or negative impact on cash flow
from serviced stores due to closures or divestitures or loss of any
other material customer (other than Ahold) could result in a
downgrade. Quantitatively, ratings could be downgraded if
EBITA/interest is sustained below 2.5 times or debt/EBITDA is
sustained above 3.5 times.

C&S Group Enterprises LLC, issuer of the rated debt, is a financing
subsidiary of C&S Wholesale Grocers Inc. and four affiliated
operating companies. C&S Wholesale Grocers is a private distributor
of groceries to food retailers in the U.S. The company is
headquartered in Keene, New Hampshire and is owned by the Cohen
family. Consolidated revenues are approximately $26 billion.

The principal methodology used in these ratings was Distribution &
Supply Chain Services Industry published in June 2018.


CALFRAC WELL SERVICES: Gets Chapter 15 Court Recognition Order
--------------------------------------------------------------
Luzi Ann Javier of Bloomberg News reports that Calfrac Well
Services said it has obtained U.S. recognition and enforcement of
the order, effectively blocking any enforcement actions against the
U.S.-located assets of the company and its subsidiaries as a result
of Calfrac's Amended Recapitalization Transaction.

That came as the company prevailed in its request for entry of an
order under Chapter 15 of the U.S. recognizing and granting
enforcement of the final order of the Court of Queen's Bench of
Alberta approving the company's plan of arrangement under the
Canada Business Corporations Act, despite Wilks Brothers'
objection.

                    About Calfrac Well Services

Calfrac Well Services Ltd. is a Calgary, Alberta-based provider of
hydraulic fracturing services to exploration and production (E&P)
companies.

Calfrac Well Services in missed its June 15, 2020 interest payment
on its senior unsecured notes due 2026.

Calfrac in July 2020 commenced in the Court of Queen's Bench of
Alberta (Calgary) proceedings under Sec. 192 of the Canadian
Business Corporation Act, R.S.C. 1985 ("CBCA").

Calfrac Well Services Corp. filed a Chapter 15 case (Bankr. S.D.
Tex. Case No. 20-bk-33529) on July 13, 2020, to seek recognition of
its Canadian proceedings. The Hon. David R Jones is the case judge.
Porter Hedges LLP is counsel in the U.S. case.


CALLON PETROLEUM: S&P Cuts ICR to 'SD' on Distressed Exchange
-------------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on
Houston-based oil and gas exploration and production (E&P) company
Callon Petroleum Co. to 'SD' (selective default) from 'CC' and its
issue-level rating on all of its unsecured notes to 'D' from 'CC'.

The downgrade reflects Callon's transaction in which it exchanged
$217 million of newly issued 9% second-lien notes due 2025 for $389
million of the principal of its existing unsecured notes at levels
significantly below par. S&P said, "In our view, the increased
coupon and higher ranking in the capital structure of the new
second-lien notes were not adequate compensation for the discount
to par and maturity extension. Accordingly, we view this
transaction as a selective default because the investors received
less than they were originally promised. We will reassess our
issuer and issue-level ratings on Callon incorporating its new
capital structure as well as the potential for further distressed
transactions in the near term."



CAMBER ENERGY: Receives Noncompliance Notice from NYSE
------------------------------------------------------
Camber Energy, Inc. has received an expected notice from the NYSE
Regulation staff of the NYSE American LLC as a result of its
failure to file its Quarterly Report on Form 10-Q for the quarter
ended Sept. 30, 2020 in a timely fashion.  The NYSE notice advised
the Company that it was not in compliance with the NYSE's continued
listing requirements under the timely filing criteria established
in Section 1007 of the NYSE American Company Guide.

As reported by the Company in its Form 12b-25 filed with the
Securities and Exchange Commission on Nov. 16, 2020, the Company
was unable to file its Form 10-Q within the prescribed time period
without unreasonable effort or expense.  The extension period
provided under Rule 12b-25 expired on Nov. 23, 2020.  The Company
was unable to meet the filing deadline for its Form 10-Q due to
accounting issues that have arisen in connection with the
preparation of the Company's amended Form S-4 registration
statement relating to the accounting for the Company's Series C
Redeemable Convertible Preferred Stock.  The Company is taking
steps to complete the required accounting and plans to file the
Form 10-Q as soon as practicable.

The NYSE has informed the Company that, under the NYSE's rules, the
Company will have six months from the filing due date (Nov. 23,
2020) to file its Form 10-Q with the SEC.  The Company can regain
compliance with the NYSE listing standards during this six-month
period when the Company files its Form 10-Q with the SEC.  During
the six-month period, the NYSE will closely monitor the status of
the Company's late filing and related public disclosures.  If the
Company fails to file its Form 10-Q within such six-month period,
the NYSE may, in its sole discretion, allow the Company's common
stock to trade for up to an additional six months depending on
specific circumstances, as outlined in the rule.  If the NYSE
determines that an additional six-month trading period is not
appropriate, suspension and delisting procedures will commence
pursuant to the NYSE American Company Guide.  If the NYSE
determines that an additional trading period of up to six months is
appropriate and the Company fails to file its Form 10-Q and any
subsequent delayed filings by the end of that period, suspension
and delisting procedures will generally commence.  Regardless of
the procedures described above, the NYSE may commence delisting
proceedings at any time during the period that is available to
complete the filing, if circumstances warrant.

Until the Company files its Form 10-Q, the Company's common stock
will remain listed on the NYSE American under the symbol "CEI," and
will be assigned an "LF" indicator to signify late filing status.
As noted above, the Company is working diligently to complete its
Form 10-Q.  The Company intends to file it as soon as practicable
to regain compliance with the NYSE continued listing standards.
No assurance can be given that the Company will be able to regain
compliance with the aforementioned listing requirement or maintain
compliance with the other continued listing requirements set forth
in the NYSE American Company Guide.  If the Company's common stock
was ultimately suspended from trading on, or delisted from, the
NYSE American for any reason, it could have adverse consequences
including, among others: lower demand and market price for the
Company’s common stock; adverse publicity; and a reduced interest
in the Company from investors, analysts and other market
participants. It would also likely make it more difficult for the
Company to raise funding and may result in events of default under
the Company's current funding agreements.

                        About Camber Energy

Based in Houston, Texas, Camber Energy -- http://www.camber.energy
-- is primarily engaged in the acquisition, development and sale of
crude oil, natural gas and natural gas liquids from various known
productive geological formations, including from the Hunton
formation in Lincoln, Logan, Payne and Okfuskee Counties, in
central Oklahoma; the Cline shale and upper Wolfberry shale in
Glasscock County, Texas; and Hutchinson County, Texas, in
connection with its Panhandle acquisition which closed in March
2018.

Camber Energy reported a net loss of $3.86 million for the year
ended March 31, 2020, compared to net income of $16.64 million for
the year ended March 31, 2019.  As of June 30, 2020, the Company
had $13.91 million in total assets, $1.71 million in total
liabilities, $6 million in temporary equity, and $6.20 million in
total stockholders' equity.

Marcum LLP, in Houston, Texas, the Company's auditor since 2015,
issued a "going concern" qualification in its report dated June 29,
2020, citing that the Company has incurred significant losses from
operations and had an accumulated deficit as of March 31, 2020 and
2019.  These factors raise substantial doubt about its ability to
continue as a going concern.


CARLOS H. ORTIZ: Hernandez Buying San Juan Property for $195K
-------------------------------------------------------------
Carlos H. Ortiz Colon, his wife, Maribel Rodriguez, Vaqueria Ortiz
Rodriguez, Inc. ("VOR"), and their secured creditor, ask the U.S.
Bankruptcy Court for the District of Puerto Rico to authorize the
sale of the real property located at Apt. D-302 in Condominion
Bayside Cove, San Juan, Puerto Rico, Juan Francisco Rivera
Hernandez for $195,000.

On April 4, 2019, secured creditor, Banco Popular de Puerto Rico
("BPPR") filed a secured claim numbered 4, in the amount of $52,904
for property.   On June 11, 2019, BPPR filed a Motion For Relief
From Stay Under 36 regarding the property.  The Motion was granted
by the Court and the Stay was lifted as per Order entered on July
1, 2019.  BPPR then filed an In Rem foreclosure complaint over the
property which was numbered SJ2019CV09822.  

As part of the Debtors' reorganization, they have decided to sell
various properties that are not needed for the reorganization and
for their Dairy Farm business operations.  The property is one of
the properties to be sold.  The Debtors will sell the property to
the Buyer for the amount Of $195,000 on the terms of their Option
Purchase Agreement.

The funds will be used to pay the following liens: (i) First Rank
Mortgage Lien owed to BPPR; (ii) Second Mortgage Rank Lien owed to
First Bank de Puerto Rico.

The following balances will be paid: (i) BPPR - the balance of
$67,100, and (ii) First Bank de Puerto Rico - the limit on the
mortgage established as per the Registry of Property of Puerto Rico
of $78,460 will be paid.

The Debtors have to pay $4,900 of closing cost as per Breakdown of
Closing Costs.  These closing costs are Notary Fees for sales deed
and cancellation ofliens deeds, stamps and taxes related to both
deeds.

There are no Property Taxes owed or Homeowners Association Fees
owed.  The total amount of liens to be paid and cost related to the
sale are $150,460, the remainder ofthe funds will be paid to the
Debtors and deposited in the DIP account related to the present
bankruptcy cases.

With the sale, the Debtors will pay in full a claim and pay $78,460
to the debt owed to First Bank.  Additionally, they will have close
to $45,000 to help in their reorganization efforts.  Also, the
property already had the Stay lifted by BPPR and First Bank de
Puerto Rico.

For all the reasons stated in the Motion and according to FRBP
9006, the Debtors also ask that the objection term for the Motion
be shortened to seven days.  The shortening of the objection period
will have no adverse effect on any other creditor, on the contrary
it will allow the Debtors to complete the pending matters in the
present case and proceed with filing a Chapter 11 Plan.

The Debtor will file with the Court a Report of Sale, of any sale
of property of the estate outside the ordinary course of business.
The report will be filed within 30 days after the sale.

A copy of the Contract is available at https://tinyurl.com/y559zyyh
from PacerMonitor.com free of charge.

Carlos H. Ortiz Colon and Maribel Rodriguez Rios (Bankr. D.P.R.
Case No. 19-01384-ESL11) and Vaqueria 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.  Homel Mercado Justiniano, Esq., represent the
Debtors.


CARLOS H. ORTIZ: U.S. Trustee to State Position on Property Sale
----------------------------------------------------------------
Judge Enrique S. Lamoutte of the U.S. Bankruptcy Court for the
District of Puerto Rico ordered the U.S. Trustee to state its
position within 14 days as to the response and supplement of Carlos
H. Ortiz Colon and his wife, Maribel Rodriguez, to their proposed
sale of the real property located at Apt. D-302 in Condominium
Bayside Cove, San Juan, Puerto Rico, Juan Francisco Rivera
Hernandez for $195,000, filed on Dec. 1, 2020.

As part of the Debtors' reorganization, they have decided to sell
various properties that are not needed for the reorganization and
for their Dairy Farm business operations.  The property is one of
the properties to be sold.

On April 4, 2019, secured creditor, Banco Popular de Puerto Rico
("BPPR") filed a secured claim numbered 4, in the amount of $52,904
for property.   On June 11, 2019, BPPR filed a Motion for Relief
from Stay Under 36 regarding the property.  The Motion was granted
by the Court and the Stay was lifted as per Order entered on July
1, 2019.  BPPR then filed an In Rem foreclosure complaint over the
property which was numbered SJ2019CV09822.  

The funds will be used to pay the following liens: (i) First Rank
Mortgage Lien owed to BPPR; (ii) Second Mortgage Rank Lien owed to
First Bank de Puerto Rico.

A copy of the Contract is available at https://tinyurl.com/y559zyyh
from PacerMonitor.com free of charge.

Carlos H. Ortiz Colon and Maribel Rodriguez Rios (Bankr. D.P.R.
Case No. 19-01384-ESL11) and Vaqueria 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.  Homel Mercado Justiniano,
Esq. represent the Debtors.


CENTURY 21: CPO Backs Customers Info Sale to Gindi
--------------------------------------------------
Lucy L. Thomson, the appointed Consumer Privacy Ombudsman for
Century 21 Department Stores LLC, filed a Report, dated November
30, 2020, concerning the protection of the privacy of personally
identifiable information (PII) of the customers of the Debtor.

The CPO recommends that the Court approve the sale of the Debtor's
customer data to the proposed Buyer Gindi C21 IP LLC, on the
condition that the Buyer notifies the customers of the sale on
company websites, in e-mail communications, and on stretto.com and
provide an opportunity for them to opt-out of the sale.

Based on the Report, the Buyer meets the criteria for being a
"Qualified Buyer" and the CPO believes that there is no loss of
privacy to the Debtor's customers as a result of the sale because
the Buyer will continue to honor the Debtor's privacy policy, and
the new Debtor's stores and/or online retail operations will be in
the best interests of consumers because they will provide a new
source of designer merchandise at discount prices.

A full-text copy of the Report is available at
https://bit.ly/3mAIzVK for free.

         About Century 21

Century 21 Department Stores LLC and its affiliates are pioneers in
off-price retail offering access to designer brands at amazing
prices. They opened their iconic flagship location in downtown
Manhattan in 1961. As of the petition date, the Debtors have 13
stores across New York, New Jersey, Pennsylvania and Florida and an
online retail presence, operate seasonal pop-ups, and employ other
innovative retail concepts. Visit http://www.c21stores.com/for
more information.

Century 21 Department Stores LLC and its affiliates sought Chapter
11 protection (Bankr. S.D.N.Y. Lead Case No. 20-12097 on Sept. 10,
2020).

Century 21 was estimated to have $100 million to $500 million in
assets and liabilities as of the bankruptcy filing.

The Hon. Shelley C. Chapman is the case judge.

The Debtors have tapped Proskauer Rose LLP as their legal counsel,
Berkeley Research Group LLC as a financial advisor, and Hilco
Merchant Resources LLC as liquidation consultant.  Stretto is
Debtors' claims agent.

On September 16, 2020, the Office of the United States Trustee
appointed the official committee of unsecured creditors pursuant to
Section 1102(a)(1) of the Bankruptcy Code.


CHESAPEAKE ENERGY: Slams Creditors' Bid to Sue Lenders
------------------------------------------------------
Alex Wolf of Bloomberg Law reports that Chesapeake Energy Corp.
said that allegations that Chesapeake built its existing capital
structure on a fraudulent scheme to favor certain lenders are
"divorced from reality" and shouldn't be allowed in the oil
driller's bankruptcy case.

Chesapeake's chances of reorganizing as a going concern will be at
risk if a committee of unsecured creditors can sue Deutsche Bank,
Franklin Resources Inc., and other lenders to challenge billions of
dollars of debt claims, the company said in a filing Tuesday.

The committee alleges that, prior to filing for bankruptcy in June
2020, Chesapeake engaged in a "liability management" scheme through
two refinancing deals—together.

                  About Chesapeake Energy Corp.

Headquartered in Oklahoma City, Chesapeake Energy Corporation's
(NYSE: CHK) operations are focused on discovering and developing
its large and geographically diverse resource base of
unconventional oil and natural gas assets onshore in the United
States.

Chesapeake Energy reported a net loss of $308 million for the year
ended Dec. 31, 2019. As of Dec. 31, 2019, the company had $16.19
billion in total assets, $2.39 billion in total current
liabilities, $9.40 billion in total long-term liabilities, and
$4.40 billion in total equity.

Chesapeake Energy and its affiliates sought Chapter 11 protection
(Bankr. S.D. Tex. Lead Case No. 20-33233) on June 28, 2020, after
reaching terms of a Chapter 11 plan of reorganization to eliminate
approximately $7 billion of debt.

The Debtors tapped Kirkland & Ellis LLP as legal counsel, Jackson
Walker LLP as co-counsel and conflicts counsel, Alvarez & Marsal as
restructuring advisor, Rothschild & Co and Intrepid Financial
Partners as financial advisors, and Reevemark as communications
advisor. Epiq Global is the claims agent, maintaining the page
http://www.chk.com/restructuring-information   

Wachtell, Lipton, Rosen & Katz serves as legal counsel to
Chesapeake Energy's Board of Directors.

MUFG Union Bank, N.A., the DIP facility agent and exit facilities
agent, has tapped Sidley Austin LLP as legal counsel, RPA Advisors
LLC as financial advisor, and Houlihan Lokey Capital Inc. as
investment banker.

Davis Polk & Wardell LLP and Vinson & Elkins L.L.P. serve as legal
counsel to an ad hoc group of first lien last out term loan lenders
while Perella Weinberg Partners and Tudor, Pickering, Holt & Co.
serve as the group's investment bankers.

Franklin Advisers, Inc., has tapped Akin Gump Strauss Hauer & Feld
LLP as legal counsel, FTI Consulting, Inc. as financial advisor,
and Moelis & Company LLC as investment banker.

On July 9, 2020, the Office of the U.S. Trustee appointed a
committee to represent unsecured creditors in Debtors' Chapter 11
cases. The unsecured creditors' committee has tapped Brown Rudnick,
LLP and Norton Rose Fulbright US, LLP as its legal
counsel, and AlixPartners, LLP as its financial advisor.

On July 24, 2020, the bankruptcy watchdog appointed a committee of
royalty owners.  The royalty owners' committee is represented by
Forshey & Prostok, LLP.




COLORADO GOLDFIELDS: Unsecureds to Split $34K in Creditor's Plan
----------------------------------------------------------------
Recreation Properties Ltd. (RPL), a creditor in the Chapter 11
bankruptcy case, filed a First Amended Disclosure Statement for its
Plan of Reorganization for debtor Colorado Goldfields Inc. on
October 16, 2020.

Class 3a consists of general unsecured claims which are held by
non-insiders of the Debtor. RPL proposes that the Class 3a
Claimants will be paid pro rata by the Chapter 11 Trustee once
administrative expenses and Class 1 is paid in full. Class 3a
claims are impaired and are entitled to vote. However, even if this
Class votes against the Plan, the Plan can be confirmed pursuant to
Section 1129(b) of the Code because the two junior classes, general
unsecured claims held by insiders of the Debtor and the Debtor's
equity interests, are not retaining anything under the Plan.

The anticipated distribution to both classes of unsecured creditors
is currently $34,000 (consisting of $9,000 in loan proceeds and
$25,000 of the cash held by the estate to which the Hennis claim is
eliminated under the Plan freeing those funds for distribution to
unsecured creditors), but may increase to 15,000 if no
administrative claims are asserted. These funds will be divided in
half, with half distributed to Class 3a and half to be distributed
to Class 3b.

Class 3b consists of general unsecured claim which are held by
insiders of the Debtor. Class 3b will be paid pro rata by the
Chapter 11 Trustee once administrative expenses and Class 1 is paid
in full. The amount available to unsecured creditors described in
the treatment of Class 3a will be divided in half and distributed
pro rata to both Class 3a and Class 3b.

A full-text copy of the First Amended Disclosure Statement dated
October 16, 2020, is available at
https://www.pacermonitor.com/view/I356ETQ/Colorado_Goldfields_Inc__cobke-16-20910__0158.0.pdf?mcid=tGE4TAMA

Attorneys for RPL:

     Shaun A. Christensen, Esq.
     Appel, Lucas & Christensen, P.C.
     1624 Market Street, Suite 310
     Denver, Colorado 80202
     Tel: (303) 297-9800
     E-mail: christensens@appellucas.com

                 About Colorado Goldfields Inc.

Lakewood, Colo.-based Colorado Goldfields Inc. is a mining
exploration stage company engaged in the acquisition and
exploration of mineral properties, primarily for gold, silver,
zinc, copper and lead, and the milling and processing of ore from
both owned and non-owned mining properties.

Creditors EnviroSource Corp., Recreation Properties, Ltd. and Todd
Hennis filed a Chapter 7 involuntary petition against Colorado
Goldfields Inc. (Bankr. D. Colo. Case No. 16-20910) on Nov. 8,
2016.  On Feb. 1, 2019, the case was converted to one under Chapter
11 (Bankr. D. Colo. Case No. 16-20910).  The case has been assigned
to Judge Michael E. Romero.

John C. Smiley was appointed as Chapter 11 trustee for Colorado
Goldfields on Feb. 13, 2019.


CREATIVE REALITIES: Inks 10th Amendment to Loan & Security Agreemen
-------------------------------------------------------------------
Creative Realities, Inc. entered into a Tenth Amendment to Loan and
Security Agreement with its subsidiaries and Slipstream
Communications, LLC.  Pursuant to the Amendment, the parties agreed
to extend the date on which the Lender's existing $2,000,000
special loan to the Company (with accrued and unpaid interest)
automatically converts into a new class of senior preferred stock
of the Company, from Nov. 30, 2020 to Dec. 31, 2020 (or upon an
earlier event of default).

                     About Creative Realities

Creative Realities, Inc. -- http://www.cri.com/-- is a Minnesota
corporation that provides innovative digital marketing technology
and solutions to retail companies, individual retail brands,
enterprises and organizations throughout the United States and in
certain international markets.  The Company has expertise in a
broad range of existing and emerging digital marketing
technologies, as well as the related media management and
distribution software platforms and networks, device management,
product management, customized software service layers, systems,
experiences, workflows, and integrated solutions.

Creative Realities reported net income of $1.04 million for the
year ended Dec. 31, 2019, following a net loss of $10.62 million
for the year ended Dec. 31, 2018.  As of Sept. 30, 2020, the
Company had $21.10 million in total assets, $16.92 million in total
liabilities, and $4.18 million in total shareholders' equity.

Creative Realities received a letter from The Nasdaq Stock Market
LLC on April 28, 2020, advising the Company that for 30 consecutive
trading days preceding the date of the Notice, the bid price of the
Company's common stock had closed below the $1.00 per share minimum
required for continued listing on The Nasdaq Capital Market
pursuant to Nasdaq Listing Rule 5550(a)(2).  The compliance period
for the Company will expire on Dec. 28, 2020.


CRED INC: Sets Bidding Procedures for All Assets
------------------------------------------------
Cred, Inc., and its affiliates ask the U.S Bankruptcy Court for the
District of Delaware to authorize the bidding procedures in
connection with the auction sale of all or substantially all their
assets.

With the assistance of their advisors, the Debtors have determined
that a sale or sales of some or all of the assets of one or more of
the Debtors would maximize the value of their estates for the
benefit of all stakeholders.  In particular, they are hopeful that
the marketing process will yield multiple offers for the purchase
of their business as a going concern, preserving the jobs of their
highly-specialized engineering and trading staff and providing a
new path forward for the business.  Additionally, they believe that
their proprietary technology for cryptocurrency-lending and
investment is an attractive and valuable asset that could generate
substantial value for the estates.   

The Debtors believe that the proposed Bidding Procedures will
enable them to expeditiously complete these chapter 11 cases and
maximize value for all stakeholders.  The Bidding Procedures are
intended to ensure a fair, expeditious, and competitive sale
process.  

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Jan. 6, 2021 at 5:00 p.m. (ET).  The Stalking
Horse Bid Deadline is Jan. 6, 2020, at 5:00 p.m. (ET)

     b. Initial Bid: TBA

     c. Deposit: 10% of the Purchase Price

     d. Auction: If the Debtors receive more than one Qualified Bid
for any Assets, the Debtors will conduct the Auction.  The Auction,
if required, will be conducted at the offices of Paul Hastings LLP,
600 Travis Street, Fifty-Eighth Floor, Houston, TX 77002 on Jan.
18, 2021, at a time to be determined, or on such other date or at
such other location as designated by the Debtors, provided that
they may designate a telephonic or video-enabled platform in lieu
of an in-person Auction.  If the Debtors receive no more than one
Qualified Bid with respect to the Assets, they may determine, in
their reasonable discretion, not to hold the Auction for such
Assets and instead declare the applicable Qualified Bid as the
Successful Bid for such Assets and ask that the Court approves the
applicable purchase agreement or plan support agreement at the Sale
Hearing.

     e. Bid Increments: TBD

     f. Sale Hearing: Feb. 3, 2021

     g. Sale Objection Deadline: Jan. 27, 2021 at 5:00 p.m. (ET)

The Debtors ask that they'd be authorized, but not obligated, in an
exercise of their business judgment and after consultation with the
Consultation Parties, to (i) select one or more Stalking Horse
Bidders and enter into a purchase agreement with such Stalking
Horse Bidder(s); and (ii) provide bid protections to any such
Stalking Horse Bidders, including a Termination Payment not to
exceed 3% of the Stalking Horse Bidder's purchase price or a
comparable amount as agreed upon by the Debtors plus the Stalking
Horse Bidder's reasonable professional fees and necessary
expenses.

Any Sale will be on an "as is, where is" basis and without
representations or warranties of any kind, free and clear of any
liens, claims, interests, and other encumbrances (with the
exception of permitted encumbrances and assumed liabilities), with
all such liens, claims, interests, and encumbrances attaching to
the proceeds of the Sale(s).

The Debtors ask approval of the Sale Notice. Within two days of
entry of the Bidding Procedures Order, the Debtors will serve the
Sale Notice upon the Sale Notice Parties.

In connection with each Sale, the Debtors propose to assume and
assign to the Successful Bidder(s).  Promptly after the Auction has
concluded, the Debtors will file with the Court, serve on the Sale
Notice Parties and cause to be published on the DRC Website, the
Notice of Proposed Assumed Contracts.  The Contract Objection
Deadline is Jan. 27, 2021 at 5:00 p.m. (ET).

Finally, the Debtors ask relief from the 14-day stay imposed by
Bankruptcy Rule 6004(h) with respect to the effectiveness of the
Sale
Order.

A hearing on the Motion is set for Dec. 9, 2020 at 2:00 p.m. (ET).
The objection deadline is Dec. 2, 2020 at 4:00 p.m. (ET).
     
                       About CRED Inc.

Cred Inc. is a cryptocurrency platform that accepts loans of
cryptocurrency from non-U.S. persons and pays interest on those
loans. Cred -- https://mycred.io -- is a global financial services
platform serving customers in over 100 countries. Cred is a
licensed lender and allows some borrowers to earn a yield on
cryptocurrency pledged as collateral.

Cred Inc. and its affiliates sought Chapter 11 protection (Bankr.
D. Del. Lead Case No. 20-12836) on Nov. 7, 2020.  Cred was
estimated to have assets of $50 million to $100 million and
liabilities of $100 million to $500 million as of the bankruptcy
filing.

The Debtors have tapped Paul Hastings LLP as their bankruptcy
counsel, Cousins Law LLC as local counsel, and MACCO Restructuring
Group, LLC as financial advisor.  Donlin, Recano & Company, Inc.,
is the claims agent.


DIOCESE OF ROCKVILLE: Creditors Slam Proposed Claims Deadline
-------------------------------------------------------------
Law360 reports that the unsecured creditors of Long Island's Roman
Catholic Diocese have asked a New York bankruptcy judge to reject
the diocese's proposed deadline for claims in its Chapter 11 case,
saying it would cut short attempts by sexual abuse victims to seek
restitution.

In a motion filed Tuesday,December 1, 2020, the unsecured
creditors' committee said the Diocese of Rockville Centre's
proposed February claim deadline would fall almost six months
before the deadline for sexual abuse civil actions established
under New York's Child Victims Act, creating confusion for
claimants without hastening the resolution of the Chapter 11 case.


               About Diocese of Rockville Centre

The Roman Catholic Diocese of Rockville Centre, New York is the
seat of the Roman Catholic Church on Long Island. The diocese has
been under the leadership of Bishop John O. Barres since February
2017. The State of New York established the diocese as a religious
corporation in 1958. The diocese is one of eight Catholic dioceses
in New York, including the Archdiocese of New York. The diocese's
total Catholic population is approximately 1.4 million, roughly
half of Long Island's total population of 3.0 million. It is the
eighth largest diocese in the United States when measured by the
number of baptized Catholics.

The Roman Catholic Diocese of Rockville Centre, New York filed a
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 20-12345) on Sept.
30, 2020. The diocese was estimated to have $100 million to $500
million in assets and liabilities as of the filing.

The Hon. Shelley C. Chapman is the case judge.

The diocese tapped Jones Day as legal counsel; Alvarez & Marsal
North America, LLC, as restructuring advisor; Sitrick and Company,
Inc., as communications consultant; and Nixon Peabody LLP as
special counsel.  Epiq Corporate Restructuring, LLC, is the claims
agent.

The U.S. Trustee for Region 2 appointed a committee to represent
unsecured creditors in the diocese's Chapter 11 case.  The
committee is represented by Pachulski Stang Ziehl & Jones LLP.


DITECH HOLDING: 12 States Fight Plan to Return $113M to Borrowers
-----------------------------------------------------------------
Daniel Gill of Bloomberg Law reports that about a dozen states are
opposing a proposal from the administrator winding down bankrupt
mortgage servicing company Ditech Holding Corp. to return some $113
million to borrowers because they say it would circumvent their
laws on unclaimed property.

The states eventually will get at least some of those funds in any
event, a group of four states said Tuesday in a filing with the
U.S. Bankruptcy Court for the Southern District of New York.

                  About Ditech Holding Corporation

Ditech Holding Corporation and its subsidiaries --
http://www.ditechholding.com/-- are independent servicer and
originator of mortgage loans. Based in Fort Washington,
Pennsylvania, the Debtors have approximately 3,300 employees and
service a diverse loan portfolio.

Ditech Holding and certain of its subsidiaries, including Ditech
Financial LLC and Reverse Mortgage Solutions, Inc., filed voluntary
Chapter 11 petitions (Bankr. S.D.N.Y. Lead Case No. 19-10412) on
Feb. 11, 2019, after reaching terms with lenders of a Chapter 11
plan that will reduce debt by $800 million.

The Debtors tapped Weil, Gotshal & Manges LLP as legal counsel,
Houlihan Lokey as investment banker and AlixPartners LLP as
financial advisor. Epiq Bankruptcy Solutions LLC is the claims and
noticing agent.

Kirkland & Ellis LLP and FTI Consulting Inc. serve as the
consenting term lenders' legal counsel and financial advisor,
respectively.

The U.S. Trustee for Region 2 appointed an official committee of
unsecured creditors in the Debtors' cases on Feb. 27, 2019. The
creditors' committee tapped Pachulski Stang Ziehl & Jones LLP as
its legal counsel and Goldin Associates, LLC, as its financial
advisor.

On May 2, 2019, the U.S. trustee appointed an official committee of
consumer creditors. The consumers committee tapped Quinn Emanuel
Urquhart & Sullivan, LLP, as counsel and TRS Advisors LLC, as
financial advisor.


DPW HOLDINGS: Amends "At The Market" Offering of Common Stock
-------------------------------------------------------------
DPW Holdings, Inc., has amended the terms of its previously
announced "at-the-market" equity offering program under which it
may sell, from time to time, shares of its common stock for
aggregate gross proceeds of up to $40,000,000, inclusive of the
previously authorized $8,975,000.  The shares of common stock will
continue to be offered through Ascendiant Capital Markets, LLC,
acting in its capacity as sales agent.

Pursuant to an amended sales agreement with the Agent, sales of
shares of the Company's common stock may be made in transactions
that are deemed to be "at-the-market" offerings, including sales
made by means of ordinary brokers' transactions on the NYSE
American or otherwise at market prices prevailing at the time of
sale or as agreed to with the Agent.

The Company intends to use the net proceeds from the
"at-the-market" equity offering, if any, for the financing of the
Company's emerging electric vehicle charger business, global
expansion of the Company's defense business, possible acquisitions
of companies and technologies, business expansions and investments
and for working capital and general corporate purposes, which may
include the repayment, refinancing, redemption or repurchase of
indebtedness or capital stock.  The Company does not have
agreements or commitments for any specific acquisitions at this
time.

The shares of common stock are being offered pursuant to a shelf
registration statement (File No. 333-222132) which became effective
on Jan. 11, 2018.  Such shares of common stock may be offered only
by means of a prospectus, including a prospectus supplement,
forming a part of the effective registration statement.  Before
making an investment in these securities, potential investors
should read the prospectus supplement and the accompanying
prospectus for more complete information about the Company and the
"at-the-market" equity offering program.  Potential investors may
obtain these documents for free by visiting EDGAR on the U.S.
Securities and Exchange Commission's website at www.sec.gov.
Alternatively, potential investors may contact the Agent, who will
arrange to send them these documents: Ascendiant Capital Markets,
LLC, Attention: Jennifer Martin, 18881 Von Karman Avenue, 16th
Floor, Irvine, CA 92612, telephone: (949) 259-4907 Ext. 49, email:
jmartin@ascendiant.com.

                          About DPW Holdings

DPW Holdings, Inc. -- http://www.DPWHoldings.com-- is a
diversified holding company pursuing growth by acquiring
undervalued businesses and disruptive technologies with a global
impact.  Through its wholly and majority-owned subsidiaries and
strategic investments, the Company provides mission-critical
products that support a diverse range of industries, including
defense/aerospace, industrial, telecommunications, medical, and
textiles.  In addition, the Company owns a select portfolio of
commercial hospitality properties and extends credit to select
entrepreneurial businesses through a licensed lending subsidiary.
DPW's headquarters are located at 201 Shipyard Way, Suite E,
Newport Beach, CA 92663.

DPW Holdings recorded a net loss available to common stockholders
of $32.93 million for the year ended Dec. 31, 2019, compared to a
net loss available to common stockholders of $32.34 million for the
year ended Dec. 31, 2018.  As of Sept. 30, 2020, the Company had
$43.64 million in total assets, $39.12 million in total
liabilities, and $4.52 million in total stockholders' equity.

Ziv Haft., Certified Public Accountants (Isr.) BDO Member Firm, the
Company's auditor since 2012, issued a "going concern"
qualification in its report dated May 29, 2020 citing that the
Company has a working capital deficiency, has incurred significant
losses and needs to raise additional funds to meet its obligations
and sustain its operations.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.


DWANE CLODFELTER, SR: Selling Eastover Property for $525K
---------------------------------------------------------
Dwane Dean Clodfelter, Sr. asks the U.S. Bankruptcy Court for the
Eastern District of North Carolina to authorize the private sale of
the real estate located at 2330 Willougby Drive, Eastover, North
Carolina, Lot 5, PIN 0458-27-3504, and associated personal property
described in the contract, to Arthur Goodman for $525,000.

The Debtor believes the sale according to the purchase contract
proposed will result in the maximum overall price for the sale of
the Property.  In connection with the sale, the Debtor is hiring to
employ J. R. ("Jack") Watts of HomePro USA Realty.com, Inc. as
broker for the sale, pursuant to a listing agreement whereby the
broker is entitled to receive a commission equal to 6% of the sales
proceeds.  

The sale is contingent upon the Buyer receiving a VA loan.

The Debtor holds no interest in and has no insider relationship
with the Buyer.

The Debtor asks an order of the Court declaring that the sale of
his property be made free and clear of any and all liens,
encumbrances, claims, rights, and other interests, including but
not limited to the following:

     a. Any and all property taxes due and owing to any City,
County, or municipal corporation, including the Cumberland County
Tax Collector and the Town of Eastover;

     b. Liens asserted by BB&T Bank, by virtue of a Deed of Trust
recorded Feb. 26, 2010 in Book 8346, Page 371, Cumberland County,
North Carolina, Registry.  

     c. Judgement lien in favor of Sue Rhoades Clodfelter, file
number 20 CVS 004784, recorded with the Cumberland County Superior
Court.  

     d. Any and all remaining interests, liens, encumbrances,
rights and claims asserted against the Property, which relate to or
arise as a result of a sale of the Property, or which may be
asserted against the buyer of the Property, including, but limited
to, those liens, encumbrances, interests, rights and claims,
whether fixed and liquidated or contingent and unliquidated, that
have or may be asserted against the Property or the buyer of the
Property by the North Carolina Department of Revenue, the Internal
Revenue Service, and any and all other taxing and government
authorities.  The described liens will attach to the proceeds of
sale, if any, subject to the Orders of Distribution that may be
entered by the Court.

The described liens will attach to the proceeds of sale, if any,
subject to the relative priorities and in accordance with the
Bankruptcy Code.

The Debtor believes all of the real estate to be sold is encumbered
by liens as described above, and that BB&T has a first priority
lien on the real estate to be sold.  He proposes that the net
proceeds of sale, after payment of all costs of sale including any
costs allowed, outstanding ad valorem taxes, regular and customary
closing costs typically paid by sellers, quarterly fees associated
with the sale, will be paid by the closing attorney to lienholders
in accordance with the priorities of liens directly from the
closing proceeds.

The sale as described is in the best interest of the estate and of
all creditors.

A copy of the Agreement is available at
https://tinyurl.com/y2ex6c4z from PacerMonitor.com free of charge.

Counsel for Debtor:

         Laurie B. Biggs, Esq.
         STUBBS & PERDUE, P.A
         9208 Falls of Neuse Road, Suite 201
         Raleigh, NC 27615
         Telephone: (919) 870-6258
         Facsimile: (919) 870-6259
         E-mail: lbiggs@stubbsperdue.com

Dwane Dean Clodfelter, Sr., sought Chapter 11 protection (Bankr.
E.D. N.C. Case No. 20-03458) on Oct. 22, 2020.  The Debtor tapped
Trawick Stubbs, Esq., as counsel.


ENGINEERED PROPULSION: Sale of Substantially All Assets to EPS OK'd
-------------------------------------------------------------------
Judge G. Michael Halfenger of the U.S. Bankruptcy Court for the
Western District of Wisconsin authorized Engineered Propulsion
Systems, Inc.'s sale of substantially all assets to EPS Engineered
Propulsion Systems, Inc. for a price comprised of payment or
assumption of secured debt, a credit bid, and the assumption of
obligations under executory contracts to be assumed by the Buyer in
the estimated sum of $1,400,520, pursuant to their Asset Purchase
Agreement, and the related attachments filed on Nov. 4, 2020.

The hearings on the Motion were held on Nov. 9, 20, and 30, 2020.
Only EPS submitted a bid.  The Debtor asked authorization to sell
its assets to EPS pursuant to the Asset Purchase Agreement, as
modified by agreement of the Debtor and EPS on the record at the
Nov. 30, 2020 hearing.

Unless otherwise provided in the Asset Purchase Agreement as
modified by the Order, the sale is free and clear of any interest
in such property of an entity other than the estate.

The Asset Purchase Agreement is modified to require EPS to pay in
full the holders of senior obligations identified in the Motion,
including without limitation amounts owed to First National
Community Bank, on the closing date of the sale, thus nullifying
the Agreement's option that the buyer may instead assume those
obligations.  

A copy of the Motion is available at https://tinyurl.com/y5hy5eak
from PacerMonitor.com free of charge.
    
               About Engineered Propulsion Systems

Engineered Propulsion Systems, Inc., a manufacturer of aircraft
engines and engine parts in New Richmond, Wis., filed a Chapter 11
petition (Bankr. W.D. Wis. Case No. 20-11957) on July 29, 2020.
Engineered Propulsion president Michael Fuchs signed the petition.
At the time of the filing, the Debtor was estimated to have $100
million to $500 million in assets and $10 million to $50 million in
liabilities.

Judge G. Michael Halfenger oversees the case.

The Debtor tapped Steinhilber Swanson, LLP as its bankruptcy
counsel; Jarchow Law, LLC as its general corporate counsel; and
Shaun M. Simma, CPA and Simma Flottemesch & Orenstein, Ltd. as
accountants.


ENRIQUE R. NARVAEZ: Aponte Buying Arroyo Properties for $1.26M
--------------------------------------------------------------
Enrique Rodriguez Narvaez and Myrna Iris Rivera Ortiz ask the U.S.
Bankruptcy Court for the District of Puerto Rico to authorize the
sale to Ronald Aponte or the corporation designated by him for the
sum of $1.26 million, free and clear from any liens, of the
following real properties located in Arroyo, Puerto Rico:

      a. RUSTICA: Finca compuesta de 63 cuerdas de terreno,
equivalentes a 24 hectáreas, 76 áreas y 15 centiáreas, radicada
en el barrio Cuatro Calles Sector Sabana Eneas del término
municipal de Arroyo, Puerto Rico, colindando por el NORTE, SUR,
ESTE Y OESTE, con terrenos de Luce and Company, Sociedad en
Comandita.  Registered in the Public Registry of Guayama, Book 197,
Page 41, 37th inscription, Property no. 68.  Property
Identification 420-000-005-04-000.

      b. RUSTICA: Finca compuesta de 11 cuerdas de terreno,
equivalentes a 4 hectáreas, 32 áreas y 134 centiáreas, radicada
en el barrio Cuatro Calles Sector Sabana Eneas del término
municipal de Arroyo, Puerto Rico, colindando por el NORTE, SUR,
ESTE Y OESTE, con terrenos de Luce and Company, Sociedad en
Comandita.  Esta enclavada dentro de finca denominada Vigia, de la
cual forma parte.  Registered in the Public Registry of Guayama,
Book 197, Page 42, Property no. 345, 30th inscription Property
Identification 420-000-005-31-000.

The describe property have no lien except for the garnishment
recorded by creditor, López Enterprises, Inc. and Miguel Vázquez
now Sucesión Vázquez.  As to López Enterprises, Inc., the
creditor hold lien over all the properties of Debtors which exceed
the value vs the debt owed to the creditor and the same thing
happen with creditor, Sucesión Vázquez.  

In the case, the Debtors sought an appraisal for both properties in
which the same were appraise for the total amount of $1.332
million, $1.134,000 million for the lot of land comprised of 63.0
cuerdas and $198,000 for the lot of land comprised of 11.0 cuerdas.


The Debtors have received a purchase offer from the Buyer to buy
these properties in the sum of $1.26 million free and clear from
any liens.  

As per CRIM's certification, the properties owed the amount of $845
for the property number 345 comprised of 11 cuerdas and $1,600.98
for the property number 68 comprised of 63 cuerdas, the total CRIM
debt is in the amount of $2,446.

In order to make the sale, the Debtors hired attorney, Héctor A.
Sostre Narváez, in order to prepare all the documents and deeds
necessary to make the sale.  The Debtors will pay the closing cost
for the attorney in the amount of $13,394.  The amount received
after deductions from the sale will be used to make payments as per
the Chapter 11 Plan.  To make the sale free and clear of all liens,
the Debtors need to make some payments from the proceeds of the
sale.

The prospective Buyer was presented to the Debtors by an Investor
who has requested a fee of $30,000 for his job and client.  

The Sale is intended on Dec. 8, 2020 and the purchase proceeds
price will be paid in three installments which are as follows:

     a) $360,000, at the moment, of the sale; with these proceeds,
the Debtors will be paid: (i) Crim debt - $2,446, (ii) closing cost
- $13,394, (iii) Investor - $10,000, (iv) to Sucesión Vázquez,
which has agreed and provided a discount in order to receive the
full amount from $156,000 to $95,000, (v) $150,000 in full payment
of the small debt, number 1 of 2 debts owed to López Enterprises,
Inc., (vi) $87,000 to López Enterprises, Inc.to be applied to the
principal debt owed as to the second debt reducing the debt from
$807,000 to $700,000, and (vii) $720 the remaining balance will be
place in Debtors estate account.

     b) A second payment, on or before February 6 but not later
than February 21, in the amount of $300,000, with these proceeds,
the Debtors will be paid: (i) Investor, second payment of $10,000,
(ii) López Enterprises, Inc. a payment of $290,000, $60,000 from
the funds in hand by the estate.  With this payment will relief a
mortgage notes of $625,000 hold as guarantee on one of the other
properties of the estate; and

     c) A third payment on or before March 7 but not later than
March 20, in the amount of $600,000; with these proceeds, the
Debtors will be paid: (i) Investor, third payment of $10,000, (ii)
López Enterprises, Inc. a payment of $430,000 plus $160,000 of
interest to pay which should cover the hold debt of this creditor
in full and relief any lien to any property of Debtors, and (iii)
$40,000 the remaining balance will be place in Debtors estate
account.

The Debtor asks that the present motion announcing the sale of the
property be approved.  The sale is made in favor of the buyer with
no attachments or liens.

A copy of the Offer is available at https://tinyurl.com/y3svwo9p
from PacerMonitor.com free of charge.

    About Enrique Rodriguez Narvaez and Myrna Iris Rivera Ortiz

Enrique Rodriguez Narvaez and Myrna Iris Rivera Ortiz was engaged
in the development and construction business in Puerto Rico.  Mrs.
Ortiz is a housewife.  During many years, Mr. Rodriguez acquired
and developed many lots of land.  

The Debtors filed for Chapter 11 bankruptcy protection (Bankr.
D.P.R. Case No. 18-02044-EAG) on April 16, 2018.

The Debtors' counsel:

         RATACOS LAW FIRM, P.S.C.
         Victor Gratacos Diaz
         P.O. BOX 7571
         CAGUAS, PR 00726
         Tel: (787) 746-4772
         Fax: (787) 746-3633
         E-mail: bankruptcy@gratacoslaw.com




EVEREST REAL ESTATE: Patient Care Ombudsman Files 2nd Report
------------------------------------------------------------
Dr. Thomas A. Mackey, PhD, APRN-BC, FAAN, FAANP, the Patient Care
Ombudsman appointed for Everest Real Estate Investments, LLP, filed
his second report with the U.S. Bankruptcy Court for the Southern
District of Texas.

Based on the Report, the Debtor provides high quality and safety of
care to patients. The PCO also reports that there is no
deterioration of patient care since the filing of Ch. 11 case on
August 14, 2020.

However, the PCO recommends that the Debtor implements a system to
perform and document a drug interaction assessment on all
outpatient taking or being prescribed medications prior to
prescribing and/or leaving the hospital/emergency room.

A full-text copy of the Second Report is available at
https://bit.ly/3ohJ9Z6 from PacerMonitor.com for free.

              About Everest Real Estate Investments

Everest Real Estate Investments, LLP -- http://www.setexaser.com/
-- is a health care services provider established in Humble, Texas
specializing in general acute care hospital. It offers completely
comprehensive medical care, treating both major and minor
injuries.

Everest Real Estate Investments sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 20-34077) on Aug.
14, 2020.  Thomas Vo, M.D., majority owner of the Debtor's managing
partner, signed the petition.  At the time of the filing, the
Debtor had estimated assets of between $10 million and $50 million
and liabilities of the same range.

Judge Christopher M. Lopez oversees the case.

The Gerger Law Firm PLLC is the Debtor's legal counsel.


EXGEN RENEWABLES IV: Moody's Rates New $750MM Term Loan Ba3
-----------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to ExGen Renewables
IV, LLC's (EGR IV) new $750 million, seven-year senior secured term
loan. The rating outlook is stable.

Proceeds from the new $750 million term loan and cash on hand will
be used to refinance EGR IV's senior secured debt, settle interest
rate hedges, fund reserves, pay transaction costs, and allow for a
modest cash distribution to Exelon Generation Company, LLC (ExGen:
Baa2 stable), EGR IV's equity owner and sponsor. While the amount
of the cash distribution is low, the borrower will effectively
distribute to the equity owner the 69 MW SolGen distributed solar
generation assets and the 50 MW Albany Green Energy's biomass plant
as part of the refinancing. The Ba3 rating assigned to the existing
senior secured term loan (cusip. # - 30204KAB2) will be withdrawn
shortly after financial close of the new credit facility.

RATING RATIONALE

EGR IV's Ba3 rating considers the borrower's broad portfolio of
renewable solar and wind projects that have long term contracts
with mostly load serving utilities and cooperatives, which help to
underpin sustained credit quality. These long-term contracts
provide for fixed power prices, have an estimated weighted average
remaining contract life of 15.6 years and represent more than 95%
of the total revenues through debt maturity. Additionally,
geographic and resource diversity of the borrower's assets serve to
substantially reduce overall power generation uncertainty, which is
typically one of the major risks for renewable power projects.

Further supporting credit quality are ownership by a strategic
sponsor, use of mostly proven technology, a long operating history,
and project finance holding company features. Key lender
protections at EGR IV include a cash funded six-month debt service
reserve, a 75% excess cash sweep, and collateral in the borrower's
assets comprising mainly of stock of subsidiaries. The borrower's
liquidity is further supported by a $25 million liquidity reserve
that can be replenished, if used, at EGR IV's option.

EGR IV's Ba3 rating also reflects the holding company loan's
structural subordination to operating company debt or tax equity
across most assets and its high consolidated leverage that leads to
relatively low consolidated cash flow ratios and refinancing risk.
Also, the AV Solar Ranch 1, LLC (AVSR) project is expected to
provide around 51% of the borrower's dividends received through
debt maturity and represents nearly all of the distributions from
contracted cash flows after 2032. Given EGR IV's cash flow reliance
on AVSR, the borrower's credit quality remains materially affected
by AVSR's offtaker, Pacific Gas & Electric Company (PG&E) and its
parent, PG&E Corporation (Ba2 corporate family rating; stable), who
both recently emerged from bankruptcy on July 1st, 2020.

FINANCIAL METRICS

The borrower forecasts consolidated debt service coverage ratio
(DSCR) and Project CFO to Debt averaging around 1.56x and 9.0%,
respectively, over the next three years. Holding company level
financial metrics are strong at 2.65x DSCR under the management's
base case while initial consolidated Debt to EBITDA is high at
around 8.2x. Under the Moody's Case, these cash flow metrics are
moderately lower with consolidated DSCR of around 1.41x and
consolidated FFO to Debt of around 7.5%. Holding company metrics
drop to around 2.0x DSCR and consolidated Debt to EBITDA increases
to around 9.0x. Moody's sees the limited difference between the
Moody's Case and the borrower's base case consolidated metrics as
highlighting the relatively stable and predictable nature of the
borrower's underlying contracted cash flows and portfolio
diversity.

However, potential refinancing risk is higher under Moody's case.
The borrower's case anticipates the remaining debt being below 50%
of the original balance by maturity while Moody's case results in
around 61% of the original debt outstanding. Moody's sees
refinancing risk as largely addressed by the substantial amount of
contracted cash flows remaining after debt maturity.

STRUCTURAL FEATURES

The borrower is a holding company whose principal assets comprise
of its 100% indirect ownership of AVSR and its 51% interest in
ExGen Renewables Partners, LLC (EGRP), which is a joint venture
with John Hancock. As a holding company, its debt is expected to
have features typical of a holding company including a pledge of
subsidiary shares and is structurally subordinated to operating
company debt and tax equity financings at most of its projects. In
addition to the mandatory 1% amortization, debt reduction is
achieved through a 75% excess cash sweep with the other 25% allowed
for equity distributions. The borrower also has the option to sell
AVSR to EGRP subject to a minimum debt pay down of $187.5 million
and a 50/50 sharing of proceeds above the minimum paydown. To the
extent AVSR is sold to EGRP, EGR IV would continue to have a 51%
indirect stake in AVSR given the borrower's controlling stake in
EGRP.

LIQUIDITY

Liquidity at the borrower is expected to comprise of a cash funded,
six-month debt service reserve and a cash funded, $25 million
liquidity reserve. These reserves can be backed by a guarantee from
ExGen or its affiliate with a minimum investment grade rating or
letters of credit. The borrower is not required to replenish the
liquidity reserve if it is used. Separately, the project is subject
to potential reimbursement obligations to ExGen for project credit
support provided by the sponsor should such letter of credit
support be drawn upon with the repayment of any drawn amount being
shared with term loan lenders through the excess cash sweep.

Rating Outlook

EGR IV's stable outlook reflects its expectation of consolidated
DSCR of 1.4x and around 7.5% consolidated Project CFO to Debt and
holding company DSCR averaging at least around 2.0x.

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

Factors that could lead to a upgrade

  -- Project CFO to Debt above 10%, consolidated DSCR above 1.7x,
and Debt to EBITDA below 7.0x on a sustained basis in addition to
an improvement to AVSR's offtaker credit quality

Factors that could lead to a downgrade

  -- Consolidated DSCR drops materially below 1.30x, consolidated
Project CFO to Debt drops below 5% or Debt to EBITDA exceeds well
over 10x on a sustained basis

  -- AVSR or a substantial portion of the portfolio incurs major
operational problems

  -- The borrower is unable to receive a material portion of its
dividends from its underlying projects or holdco DSCR drops well
below 2.0x on a sustained basis

  -- Substantial credit deterioration of major project level
offtakers including PG&E

  -- Debt reduction is less than expected

ExGen Renewables IV, LLC, a holding company, indirectly owns around
a 975 MW (net ownership adjusted) portfolio of 30 operating solar
and wind power projects spread over 14 states. The projects reached
commercial operations from 2007 through 2016 and most of the assets
have operating company level debt while a few others have tax
equity financings. Approximately half of EGR IV's dividends flow
through ExGen Renewables Partners, LLC (EGRP), a joint venture with
John Hancock Life Insurance Company (USA). ExGen indirectly owns
100% of EGR IV.

The principal methodology used in this rating was Power Generation
Projects Methodology published in July 2020.


FOXWOOD HILLS: Crowes Buying Westminster Property for $16K
----------------------------------------------------------
Foxwood Hills Property Owners Association, Inc. ("POA"), asks the
U.S. Bankruptcy Court for the District of South Carolina to
authorize the sale of Lots 219 and 220 in the Kinston Section of
Foxwood Hills, with the street address of 528 Kinston Loop Drive,
Westminster, South Carolina, to Jamie Clark Crowe and Candace Marie
Crowe for $16,000.

The POA is the property owners association responsible for the
maintenance, operation and management of roadways, certain real
estate and amenities for the Foxwood Hills community, a development
located on Lake Hartwell in Oconee County, South Carolina,
comprised of approximately 4,100 lots currently owned by
approximately 3,300 lot owners.  The real property owned by the POA
includes a clubhouse, a pool, tennis courts, a parking area, other
improvements, substantial common areas and certain residential
lots.

On the Petition Date, the POA owned approximately 605 lots in the
Community. Also on the Petition Date, the POA had approximately 484
of these lots available for sale.  Some of these lots have been
owned by the POA since 1993, when the last developer of the
Community, Foxwood Corporation, deeded all remaining unsold lots to
the POA.  Other lots were purchased by the POA at tax sales,
foreclosure sales and from the Oconee County Forfeited Land
Commission, or deeded back to the POA by owners delinquent on their
annual fees, dues and assessments.

The vast majority of the residential lots owned by the POA are
vacant and slow or difficult to sell for various reasons, including
the location of the lots and some of the issues that led to the
filing of the Chapter 11 case.  The POA would like to sell most of
these lots.  The sale proceeds would be income to the POA, usable
by the POA to meet its annual approved budget.  However, perhaps
most importantly, the change from POA ownership to new owners both
saves it continued costs of ownership (ad valorem taxes,
maintenance, utility minimum charges, and other costs) and improves
collection of assessments and dues by the POA, as the new owners
become responsible for payment of assessments like other lot owners
in the Community.  Accordingly, the POA rarely turns down a
reasonable offer made by a prospective purchaser.

To the best of the POA's knowledge, none of the lots it owns is
subject to mortgages, liens or any other encumbrances.

On July 30, 2020, the POA filed its First Sales Authorization
Motion.  The Court conducted a hearing on the First Sales
Authorization Motion on Sept. 22, 2020, at which time the POA
withdrew its request that the Court confirms that the proposed sale
of lots under such motion was in the ordinary course of business,
and, instead, the POA opted to proceed with the request for
authorization under 11 U.S.C. Section 363(b)(1).  On Oct. 6, 2020,
the Court entered its Sale Process Order, authorizing the four
sales proposed in the First Sales Authorization Motion, and stating
the process to be used for future proposed sales of lots by the
POA.

The POA now has one contract for the sale of lots for which it asks
authorization.  It uses the realtor services of Susan Mangubat of
Red Hot Homes @ Keller Williams Upstate for the listing and sale of
the lots the POA owns.  Ms. Mangubat is to receive a commission on
the sale of lots in the greater amount of 10% of the sale price of
the lot or $500.  The POA has not yet obtained an order for Ms.
Mangubat's employment as its realtor, but its hopes to do so
shortly thereafter.

The POA has a proposed sale of Lots 219 and 220 to the Buyers for
the sale price of $16,000.  Neither Mr. Crowe nor Ms. Crowe are
members of the POA Board, and, upon information and belief, they
have no special connection or relationship with the POA.  The POA
is informed and believes that the proposed sale is in its best
interest and the creditors.

Finally, the POA asks the Court to waive the 14-day stay under Rule
6004(h) of the Federal Rules of Bankruptcy Procedure.

A hearing on the Motion is set for Dec. 15, 2020 at 9:30 am.
Objections, if any, must be filed within 21 days of service of the
notice.

                 About Foxwood Hills Property
                     Owners Association

Foxwood Hills Property Owners Association, Inc. is an organization
of owners of Foxwood Hills -- a lake front community of primary and
vacation homes nestled in the northwest corner of Oconee County,
S.C.

Foxwood Hills Property Owners Association filed its voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. D.S.C.
Case No. 20-02092) on May 8, 2020.  At the time of the filing, the
Debtor disclosed $4,253,427 in assets and $219,780 in liabilities.
Judge Helen E. Burris oversees the case.  Nexsen Pruet, LLC is the
Debtor's legal counsel.


FRANCHISE DYNAMICS: Dec. 8 Plan & Disclosure Hearing Set
--------------------------------------------------------
Franchise Dynamics, LLC filed with the U.S. Bankruptcy Court for
the District of Arizona an Amended Disclosure Statement regarding
the Amended Plan of Reorganization.

On October 23, 2020, Judge Paul Sala preliminarily approved the
Disclosure Statement and ordered that:

* December 8, 2020, at 1:30 p.m. by telephone is the hearing to
consider whether to approve the Disclosure Statement and whether to
confirm the Plan.

* December 1, 2020 is fixed as the last day for any party desiring
to object either to the final approval of the Disclosure Statement
or to confirmation of the Plan to file a written objection with the
Court.

* December 1, 2020 is fixed as the last day for any creditor
desiring to vote for or against confirmation of the Plan to
complete and sign a Ballot.

* December 1, 2020, is the deadline for non-governmental creditors
to file proof of claims.

A full-text copy of the order dated October 23, 2020, is available
at https://tinyurl.com/y5lpkhc4 from PacerMonitor.com at no
charge.

The Debtor is represented by:

        Jonathan P. Ibsen, Esq.
        Canterbury Law Group, LLP
        14300 N. Northsight Blvd., Suite 129
        Scottsdale, AZ 85260

                     About Franchise Dynamics

Franchise Dynamics, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 19-14302) on Nov. 8,
2019.  At the time of the filing, the Debtor had estimated assets
of less than $50,000 and liabilities of between $500,001 and $1
million.  Judge Paul Sala oversees the case.  Jonathan P. Ibsen,
Esq., at Canterbury Law Group, LLP, is the Debtor's bankruptcy
counsel.


FRANCHISE DYNAMICS: Unsecureds to Get $3,000 Per Month Over 6 Years
-------------------------------------------------------------------
Franchise Dynamics, LLC, filed an Amended Disclosure Statement for
its Plan of Reorganization on October 15, 2020.

Class 2 Claims will be paid, pro rata, in the full face amount of
their allowed claims through payments over 72 months from the
Effective Date of the Plan. The Debtor will pay $3,000 each month
in total monthly towards Class 2 Claims. The Debtor will make such
payments, pro-rata, to each holder of a Class 2 Claim, on or before
the fifteenth day of each month, commencing on the calendar month
following the Effective Date. For clarity, if the Effective Date
falls in March, such payments will commence in April.

Robert Stidham has committed to invest new equity in the Debtor to
cover any monthly shortfalls in cash flow, to fund the Plan, in
amounts presently estimated to be in excess of $46,000.

A full-text copy of the Amended Disclosure Statement dated October
15, 2020, is available at https://tinyurl.com/y2fbydak from
PacerMonitor.com at no charge.

Counsel to the Debtor:

     Jonathan P. Ibsen, Esq.
     Craig P. Cherney, Esq.
     CANTERBURY LAW GROUP, LLP
     14300 N. Northsight Boulevard, Suite 129
     Scottsdale, Arizona 85260
     Office: (480) 240-0040
     Fax: (480) 656-5966
     E-mail: JIbsen@clgaz.com

                    About Franchise Dynamics

Franchise Dynamics, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 19-14302) on Nov. 8,
2019.  At the time of the filing, the Debtor had estimated assets
of less than $50,000 and liabilities of between $500,001 and $1
million. Judge Paul Sala oversees the case. Jonathan P. Ibsen,
Esq., at Canterbury Law Group, LLP, is the Debtor's bankruptcy
counsel.


GAINESVILLE ROAD: Trustee Selling All Assets to Baluja for $2M
--------------------------------------------------------------
Steven Oscher, Chapter 11 trustee for the bankruptcy estate of
Gainesville Road Community Trust, asks the U.S. Bankruptcy Court
for the Middle District of Florida to authorize the bidding
procedures relating to the sale of substantially all of the
Debtor's assets to Raj Baluja for $2 million, subject to overbid.

The Trustee asks approval for a sale of the Assets to the
Purchaser, and to establish bidding procedures and an auction
process in order to test the value of the assets.  The Purchaser's
offer consists of a credit bid by the Debtor's largest creditor and
cash, and the Purchaser will act as a stalking horse bidder. No
other potential buyers have expressed interest in the subject
assets, and, due to the circumstances of the case and the nature of
the assets, the Trustee proposes to give limited notice of the
proposed sale to a small market.

The Debtor owns and operated two mobile home parks in Marion
County, Florida: (1) the Sunny Oaks Mobile Home Park, 6800 NW
Gainesville Rd., Ocala, FL 34475; and (2) the Edgewood Mobile Home
Park, 4023 NW Gainesville Rd., Ocala, FL 34475.  The Properties are
home to a total of 73 mobile homes.

One Family Florida Partners, LP filed its Proof of Claim in the
amount of $2,106,796 on May 25, 2020.  The basis of One Family's
Claim 1 is a contract for deed executed Dec. 28, 2017, between One
Family and the Debtor, which provided for a financed sale of the
Properties by One Family to the Debtor.  Under the Governing
Contract, One Family remained -- and remains -- the title owner of
the Properties.  The Debtor is in default of its obligations under
the Governing Contract.

The Purchaser has agreed to bid $2 million for the Properties,
consisting of $1.69 million as a credit bid by First Family and
$310,000 in cash, and to act as the stalking horse bidder.

The Properties were largely in a state of squalor when the Trustee
was appointed.  Since his appointment and since the retention of
the Property Manager, the Trustee has directed the Property Manager
to clean the Properties of debris, remedy code violations, address
other safety hazards, perform general maintenance of landscaping
and the grounds in general, in order to make the Properties livable
and marketable.  In addition to the foregoing, he has had to pay
past-due post-petition vendor and utility bills.  The Court
authorized the Trustee to obtain post-petition financing from the
Purchaser.

It is apparent that rental income from the Properties' tenants will
not generate funds sufficient to pay for cleanup activities,
past-due bills, or other administrative expense claims.  The
Trustee has determined that it is in the best interest of the
Debtor, the creditors, and the Debtor's estate to sell the
Properties.

In order to maximize the value of the Debtor's assets, the Trustee
decided to proceed with the sale of the Assets pursuant to Sections

363 of the Bankruptcy Code to the highest and best bidder.  He
solicited interest for the Assets but has not identified potential
buyers other than the Purchaser; therefore, he proposes the
Purchaser as a stalking horse buyer for the Court's approval.  

The Trustee asks Court approval of the Bid Procedures for the sale
of the Assets.  He believes that the bidding procedures will assist
in determining the highest and best offer available for the sale of
the Assets.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: No later than 5:00 p.m. (EST) on the day that
is five business days prior to the date of the Sale Hearing

     b. Initial Bid: $1.9 million cash

     c. Deposit: A good faith deposit in immediately available
funds in the amount equal to the greater of (i) 10% of the
aggregate dollar amount of the Bid(s), or (ii) $190,000, which will
be made payable to and delivered to Trenam, the counsel to the
Trustee, by no later than the Sale Hearing (or such later date
agreed to by the Trustee).

     d. Auction: The Auction to consider any Qualified Bids for the
Assets will be held at the Tampa office of Trenam, 101 East Kennedy
Blvd., Suite 2700, Tampa, Florida 33602, at 10 a.m. (EST) on the
date that is one business day immediately preceding the date of the
Sale Hearing.  

     e. Bid Increments: $10,000

     f. The sale will be free and clear of all liens, claims, and
encumbrances.

     g. The Purchaser's bid offer will be considered the Stalking
Horse Bid and the Purchaser the Stalking Horse Bidder.  No Bidder
submitting any Bid will be entitled to any expense reimbursement or
any breakup, termination, or similar fee or payment, and no bid
containing a requirement for any such reimbursement or fee will be
permitted.

The Trustee proposes to send the Bid Procedures Order to: (a) all
creditors and parties listed on the Local Rule 1007-2 Parties in
Interest List; (b) all applicable taxing authorities; (c) all
parties which, to the knowledge of the Trustee, have liens on or
have asserted liens or other interests in the Assets; and (d) any
party that has previously expressed an interest in acquiring the
Assets.  He asks Court approval of the form and manner of notice as
being adequate and sufficient notice of the Bid Procedures and the
deadline for filing Objections to the Sale Motion, and the
assumption and/or assignment of the Contracts.

A copy of the Bid Procedures is available at
https://tinyurl.com/y3o25ju5 from PacerMonitor.com free of charge.

               About Gainesville Road Community Trust

Gainesville Road Community Trust sought protection under Chapter 11
of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 20-03888) on May
19, 2020.  At the time of the filing, Debtor was estimated to have
assets of between $1 million and $10 million and liabilities of the
same range.  Judge Catherine Peek McEwen oversees the case.  Dion
R. Hancock, P.A. is the Debtor's legal counsel.

Steven S. Oscher was appointed as Chapter 11 trustee for Debtor's
bankruptcy estate on Aug. 19, 2020. The trustee has tapped Trenam,
Kemker, Scharf, Barkin, Frye, O'Neill & Mullis, P.A. as his legal
counsel and Oscher Consulting, P.A. as his accountant.


GOOD SAMARITAN: Plan of Liquidation Confirmed by Judge
------------------------------------------------------


Debtors Good Samaritan Lutheran Health Care Center, Inc. d/b/a
Bethlehem Commons Care Center ("Good Samaritan") and Kenwood Manor
Inc. won approval from the U.S. Bankruptcy Court for the Northern
District of New York of their Second Amended Joint Chapter 11 Plan
of Liquidation.

On Oct. 30, 2020, Judge Robert E. Littlefield, Jr., granted
preliminary approval of the Disclosure Statement and set a Dec. 2,
2020, at 11 a.m. is the combined hearing to consider adequacy of
the disclosure statement and confirmation of the plan.

On Dec. 2, 2020, Judge Littlefield signed an order confirming the
Plan.

In accordance with section 1126(c) of the Bankruptcy Code and as
set forth in the Ballot Certification, Classes 1 and 4 have voted
unanimously to accept the Plan, in that 100% in amount and 100% in
number of the Claims in such Class that actually voted on the Plan
have voted to accept the Plan.

Pursuant to the Asset Purchase Agreement by and between Good
Samaritan and Delmar SNF Operations Associates, LLC dated as of
December 10, 2019, Good Samaritan has agreed to assume, and Delmar,
as receiver and the prospective purchaser of Good Samaritan's
facilities, has agreed to accept assignment of Good Samaritan's
Medicare Provider Agreement effective as of June 1, 202

The Debtor and Debtor's attorney or the Plan Administrator shall
appear before the Court on May 24, 2021 at 10:30 a.m., and show
cause why the Report of Substantial Consummation (Local Rule
3022-1) and the Application for Final Decree (F.R.B.P. 3022) have
not been filed by the Court

A full-text copy of the order dated Dec. 2, 2020, is available at

https://www.pacermonitor.com/view/36YJJSA/Good_Samaritan_Lutheran_Health__nynbke-19-12215__0302.0.pdf?mcid=tGE4TAMA

                  About Good Samaritan Lutheran
                        Health Care Center

Good Samaritan Lutheran Health Care Center, Inc.
--http://www.goodsamvillage.org/-- operates a 120-bed nonprofit
skilled nursing facility certified by the New York State Department
of Health under Article 28 of the Public Health Law.  It operates
under the name Bethlehem Commons Care Center.

Good Samaritan Lutheran Health Care Center, Inc., and Kenwood
Manor, Inc. filed separate Chapter 11 bankruptcy petitions (Bankr.
N.D.N.Y. Lead Case No. 19-12215) on Dec. 12, 2019.  The petitions
were signed by Thomas Roemke, secretary of Good Samaritan's Board
of Directors.  

At the time of the filing, Good Samaritan had estimated assets of
between $1 million and $10 million and liabilities of between $10
million and $50 million.  Kenwood Manor disclosed assets of between
$1 million and $10 million and liabilities of the same range.

Judge Robert E. Littlefield Jr. oversees the cases.  

The Debtors tapped Stradley Ronon Stevens & Young, LLP as their
legal counsel.


GOOD SAMARITAN: Unsecured Creditors Will Get 1.1% of Claims
-----------------------------------------------------------
Debtors Good Samaritan Lutheran Health Care Center, Inc., d/b/a
Bethlehem Commons Care Center, and Kenwood Manor, Inc., filed the
Amended Disclosure Statement to accompany the Amended Joint Chapter
11 Plan of Liquidation on October 20, 2020.

Class 4 consists of all General Unsecured Claims against Good
Samaritan and Kenwood. The Holder of an Allowed General Unsecured
Claim shall receive, in full and final satisfaction, settlement,
release, and discharge of each Allowed General Unsecured Claim,
such Holder's Pro Rata Share of the amount remaining in the
Distribution Fund after the payment in full of Allowed
Administrative Claims and Allowed Priority Claims until all Allowed
General Unsecured Claims in Class 4 are paid in full or the
Distribution Fund is exhausted; provided, however, that
Distributions to Holders of Allowed General Unsecured Claims shall
be subject and subordinate to payment in full of all Plan
Administrator expenses, including any reservation of Cash as the
Plan Administrator deems reasonable and appropriate. The Debtors
estimate that Allowed General Unsecured Claims will total
$20,649,484.40 and that Holders of Allowed General Unsecured Claims
in Class 4 will receive a pro rata Distribution equaling
approximately 1.1% of their Allowed Claims.

It is contemplated that the sales of the SNF and the KM Home will
be approved by the DOH simultaneously and that the closings of the
four Sale Transactions provided for in the Sale Documents will
occur substantially simultaneously. However, should the DOH approve
the sale of the SNF and the KM Home at different times, it is
contemplated that the closing of the sale of each will occur as
soon as possible following its approval by the DOH.

At the closing of the Sale or a Sale Transaction, the Purchase
Price will be distributed first, to pay the costs of closing;
second to pay the Allowed Secured Claim of Amalgamated Bank, third,
to pay the Allowed Secured Claims of TLCN, and fourth, to fund the
Distribution Fund.

The funds to be utilized to make Cash payments under the Plan will
be generated primarily by the Sale and will include Cash held by
the Debtors and Cash generated by the liquidation of any remaining
Assets. The Debtors' Cash shall be distributed in accordance with
this Plan as follows: first, unless otherwise agreed to by
Amalgamated Bank, to pay the Allowed Secured Claims of Amalgamated
Bank in full, less the Amalgamated Contribution; second, the
Amalgamated Contribution shall be deposited into the Plan
Administrator Reserve; third, to pay the Allowed Secured Claims of
TLCN, less the TLCN Contribution; fourth, to pay the Allowed
Administrative Expense Claims on a pro rata basis, including the
funding of the Professional Fee Reserve if Professional Fees have
not yet been Allowed; fifth, to pay Allowed Priority Claims other
than Administrative Claims; and sixth, to fund the Distribution
Account.

A full-text copy of the Amended Disclosure and Joint Plan dated
October 20, 2020, is available at https://tinyurl.com/yyjte3kz from
PacerMonitor at no charge.

Counsel to the Debtors:

        STRADLEY, RONON, STEVENS & YOUNG, LLP
        Deborah A. Reperowitz
        100 Park Avenue, Suite 2000
        New York, NY 10017
        Tel: 212.812.4124
        Fax: 646.682.7180

              - and -

        Daniel M. Pereira
        2005 Market Street, Suite 2600
        Philadelphia, PA 19103
        Tel: 215.564.8000
        Fax: 215.564.8120

                 About Good Samaritan Lutheran
                      Health Care Center

Good Samaritan LutheranHealth Care Center, Inc. --
http://www.goodsamvillage.org/-- operates a 120-bed nonprofit
skilled nursing facility certified by the New York State Department
of Health under Article 28 of the Public Health Law.  It operates
under the name Bethlehem Commons Care Center.

Good Samaritan Lutheran Health Care Center, Inc., and Kenwood
Manor, Inc. filed separate Chapter 11 bankruptcy petitions (Bankr.
N.D.N.Y. Lead Case No. 19-12215) on Dec. 12, 2019.  The petitions
were signed by Thomas Roemke, secretary of Good Samaritan's Board
of Directors.  

At the time of the filing, Good Samaritan had estimated assets of
between $1 million and $10 million and liabilities of between $10
million and $50 million. Kenwood Manor disclosed assets of between
$1 million and $10 million and liabilities of the same range.

Judge Robert E. Littlefield Jr. oversees the cases.  

The Debtors tapped Stradley Ronon Stevens & Young, LLP as their
legal counsel.


H&E EQUIPMENT: Moody's Affirms B1 CFR, Outlook Stable
-----------------------------------------------------
Moody's Investors Service affirmed H&E Equipment Services, Inc.
ratings including its B1 corporate family rating (CFR) and B1-PD
probability of default rating (PDR), and concurrently assigned a B2
rating to the company's new $1.25 billion senior unsecured notes
offering. Proceeds will be used to refinance the company's existing
$950 million 5.625% senior unsecured notes due 2025, fund
prepayment penalties and transaction fees, and add the remaining
cash to the balance sheet. The company's SGL-2 speculative grade
liquidity rating is unchanged. The rating outlook remains stable.

"H&E Equipment is raising $300 million of incremental debt
anticipating that free cash flow will be negative for at least the
next few years resulting from an accelerated pace of branch
expansions that entails execution risk" said Brian Silver, a
Moody's Vice-President and lead analyst for H&E Equipment.
"However, we anticipate H&E's liquidity will remain good through
2021 supported largely by its revolver, and the company will grow
its scale and expand its footprint while also gradually
deleveraging over the next few years as the expansion adds to
profits", added Silver.

RATINGS RATIONALE

H&E Equipment Services' ratings, including the B1 CFR, reflect the
company's good size and scale in the highly fragmented US equipment
rental industry. The company has one of the industry's youngest
rental equipment fleet that enables the company to defer capital
spending for longer while maintaining an attractive fleet for
customers. The company also has moderate financial leverage which
Moody's anticipates will weaken to about 3.5 times debt-to-EBITDA
at fiscal year-end 2020 pro-forma for the incremental debt before
improving about a quarter turn per annum annually thereafter.

H&E also benefits from good liquidity supported by pro forma cash
of over $250 million, over $740 million of ABL availability, and no
material debt maturities over the next few years.

However, H&E's credit profile is constrained by continued pressure
on rental equipment utilization and the sale of new equipment from
the recession. Moody's also expects significant cash outflows to
fund increased investment in greenfield and warm start expansions
(e.g. near existing locations), along with increased spending on
fleet expansion when topline growth returns. H&E remains exposed to
the cyclical industrial equipment rental industry, and the company
will continue to make acquisitions that are expected to be bolt-on
as opposed to transformational in nature.

The stable outlook reflects Moody's expectation that H&E will
de-leverage about a quarter turn in each of 2021 and 2022 as
profitability increases and scale grows through continued warm
start branch expansion activity. Liquidity is also expected to
remain good, and the company will pull back on aggressive capex
initiatives should the economy weaken considerably.

Moody's believes H&E has relatively low environmental risk, but the
company must adhere to a number of regulations around the disposal
of hazardous waste and wastewater from equipment washing. Moody's
also believes the company has relatively low social risk associated
with its operations, and views H&E's governance risk to be
relatively low as well. The company has maintained a relatively
conservative leverage profile over the years, and is also publicly
traded on the NASDAQ stock exchange and must adhere to listing
requirements.

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

The ratings could be upgraded if H&E can continue to increase its
size and scale over time, RCF-to-net debt is sustained above the
high 20% level, Debt-to-EBITDA is sustained around 3 times, and
EBITDA-to-interest is sustained above 6 times.

The ratings could be downgraded if RCF-to-net debt is sustained
below 15% or debt-to-EBITDA increases above 4.25 times without an
expectation the company can rapidly de-leverage. In addition, if
EBITDA-to-interest is sustained below 4 times, there is a material
deterioration in liquidity, or the company implements an
increasingly aggressive financial policy, the ratings could be
downgraded.

The following rating actions were taken:

Assignments:

Issuer: H&E Equipment Services, Inc.

Senior Unsecured Regular Bond/Debenture, Assigned B2 (LGD4)

Affirmations:

Issuer: H&E Equipment Services, Inc.

Corporate Family Rating, Affirmed B1

Probability of Default Rating, Affirmed B1-PD

Senior Unsecured Regular Bond/Debenture, Affirmed B2 (LGD4, from
LGD5)

Outlook Actions:

Issuer: H&E Equipment Services, Inc.

Outlook, Remains Stable

The principal methodology used in these ratings was Equipment and
Transportation Rental Industry published in April 2017.

H&E Equipment Services, Inc. is a multi-regional equipment rental
company with over 95 locations spanning 23 states with a presence
in the West Coast, Intermountain, Southwest, Gulf Coast,
Mid-Atlantic, and Southeast regions of the United States. H&E is
also a distributor for JLG, Gehl, Genie Industries (Terex),
Komatsu, and Manitowoc, among others. The company generated revenue
of approximately $1.2 billion for the twelve months ended September
30, 2020.


HARTSHORNE HOLDINGS: Private Sale of Assets to Frozen Approved
--------------------------------------------------------------
Judge Alan C. Stout of the U.S. Bankruptcy Court for the Western
District of Kentucky authorized the private sale by Hartshorne
Holdings, LLC and its affiliates of the following assets to Frozen
Star Holdings II, LLC for $4.5 million credit bid:

      (a) their coal washing structures and material handling
structures, all apparatus, equipment, and appliances used in
connection with the operation or occupancy of the coal washing
facilities and material handling facilities, and the related plate
and frame press building and contents located in McLean County,
Kentucky; and certain associated personal property, intangible
property, and the applicable plans and studies;

      (b) their cash and other assets pledged as collateral for
their reclamation and similar obligations, including, without
limitation, all obligations under SMCRA, to the extent such cash or
other assets are released to the Debtors; and

      (c) all cash or other funds held, deposited, or otherwise
retained in connection with the Debtors’ workers’ compensation
insurance policies, to the extent such cash or other funds are
released to the Debtors.

The Sale Agreement, together with all of the exhibits, terms, and
conditions thereof, is approved.

The sale is free and clear of any and all liens, claims, and
encumbrances against the Purchased Assets, with such liens, claims,
and encumbrances to attach to the proceeds of the sale.

The Order constitutes a final and appealable order within the
meaning of 28 U.S.C. Section 158(a).  Notwithstanding Bankruptcy
Rules 6004(h) and 6006(d), the Court expressly finds that there is
no just reason for delay in the implementation of the Order, and
expressly directs entry of judgment.

The Order will be effective immediately upon entry, and the Debtors
and the Purchaser are authorized to close the sale transaction
contemplated by the Sale Agreement immediately upon entry of the
Order.  Time is of the essence in closing the transaction, and the
Debtors and the Purchaser intend to close the transaction as soon
as practicable.

A copy of the Agreement is available at
https://tinyurl.com/y5kytmte from PacerMonitor.com free of charge.

                    About Hartshorne Holdings

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

On Feb. 20, 2020, Hartshorne Holdings, LLC and three affiliates
sought Chapter 11 bankruptcy protection (Bankr. W.D. Ky. Lead Case
No. 20-40133).

Hartshorne Holdings was estimated to have $50 million to $100
million in assets and liabilities as of the bankruptcy filing.

The Hon. Thomas H. Fulton is the case judge.

The Debtors tapped Squire Patton Boggs (US) LLP as bankruptcy
counsel; Frost Brown Todd LLC as local counsel; FTI Consulting,
Inc. as financial advisor; and Perella Weinberg Partners LP as
investment banker. Stretto is the claims agent, maintaining the
page https://cases.stretto.com/hartshorne

The Office of the U.S. Trustee appointed a committee of unsecured
creditors on March 10, 2020.  The committee is represented by
Dentons Bingham Greenebaum LLP and Whiteford Taylor Preston, LLP.


HAWAIIAN HOLDINGS: Signs Deal to Sell 5 Million Common Shares
-------------------------------------------------------------
Hawaiian Holdings, Inc., entered into an Equity Distribution
Agreement with Morgan Stanley & Co. LLC, BNP Paribas Securities
Corp. and Goldman Sachs & Co. LLC, as the Company's sales agents
(the "Managers"), pursuant to which the Company may offer and sell
from time to time through the Managers up to 5,000,000 shares of
the Company's common stock, par value $0.01 per share, in such
share amounts as the Company may specify by notice to the Managers,
in accordance with the terms and conditions set forth in the Equity
Distribution Agreement.

Sales, if any, of the Shares pursuant to the Equity Distribution
Agreement may be made in negotiated transactions or transactions
that are deemed to be "at-the-market" offerings as defined in Rule
415 under the Securities Act of 1933, as amended, including sales
made directly on The Nasdaq Stock Market, or sales made to or
through a market maker other than on an exchange.  Under the Equity
Distribution Agreement, the Company will set the parameters for the
sale of the Shares, including the number of the Shares to be
issued, the time period during which sales are requested to be
made, limitation on the number of the Shares that may be sold in
any one trading day and any minimum price below which sales may not
be made. The Company is not obligated to sell any of the Shares
under the Equity Distribution Agreement.

The Shares will be offered and sold pursuant to the Company's shelf
registration statement on Form S-3 (File No. 333-242409) which was
automatically effective upon filing with the Securities and
Exchange Commission the on Aug. 7, 2020.  The Company filed a
prospectus supplement, dated Dec. 1, 2020, with the SEC in
connection with the offer and sale of the Shares.

The Equity Distribution Agreement may be terminated by the Company
upon written notice to the Managers for any reason or by the
Managers upon written notice to the Company for any reason or at
any time.

The Equity Distribution Agreement contains customary
representations, warranties and agreements by the Company.  Under
the terms of the Equity Distribution Agreement, the Company has
agreed to indemnify the Managers against certain liabilities.

The Company intends to use the net proceeds from the sale, if any,
of the Shares for general corporate purposes.  The Company does not
have agreements or commitments for any specific acquisitions or
strategic transactions at this time.

                        About Hawaiian Holdings

Hawaiian Holdings, Inc.'s primary asset is sole ownership of all
issued and outstanding shares of common stock of Hawaiian Airlines,
Inc.  The Company is engaged in the scheduled air transportation of
passengers and cargo amongst the Hawaiian Islands (the Neighbor
Island routes) and between the Hawaiian Islands and certain cities
in the United States (the North America routes together with the
Neighbor Island routes, the Domestic routes), and between the
Hawaiian Islands and the South Pacific, Australia, New Zealand and
Asia (the International routes), collectively referred to as its
Scheduled Operations.  The Company offers non-stop service to
Hawai'i from more U.S. gateway cities (13) than any other airline,
and also provide approximately 170 daily flights between the
Hawaiian Islands.  In addition, the Company operates various
charter flights.

As of Sept. 30, 2020, the Company had $4.09 billion in total
assets, $962.63 million in total current liabilities, $1.03 billion
in total long-term liabilities, $1.38 billion in other liabilities
and deferred credits, and $717.21 million in stockholders' equity.

                           *    *    *

As reported by the TCR on July 17, 2020, S&P Global Ratings lowered
all ratings on Hawaiian Holdings Inc., including lowering the
issuer credit rating to 'CCC+' from 'B', and removed them from
CreditWatch, where it placed them with negative implications on
March 13, 2020.  S&P expects Hawaiian to generate a significant
cash flow deficit in 2020 because of COVID-19's impact on air
travel.


HEALTHIER CHOICES: Files Patent Infringement Suit vs Philip Morris
------------------------------------------------------------------
Healthier Choices Management Corp. filed its patent infringement
lawsuit against Philip Morris USA, Inc. and Philip Morris Products
S.A. in connection with their product known and marketed as "IQOS."
The lawsuit was filed in the United States District Court For the
Northern District Of Georgia.

The international law firm Cozen O'Connor has been engaged to
represent HCMC in this matter.

HCMC's lawsuit includes claims that Phillip Morris is infringing
HCMC's patent rights in connection with IQOS, an alternative
tobacco product marketed and sold by Phillip Morris.  Philip Morris
claims that it is currently approaching 14 million users of its
IQOS product and has reportedly invested over $3 billion in their
smokeless tobacco products.  Philip Morris has been very open about
their ongoing transition from traditional fully combustible
cigarettes to their modified risk tobacco products, including
IQOS.

The Philip Morris IQOS product is currently the subject of two
other patent infringement proceedings filed by RJ Reynolds Tobacco
Company.  One proceeding is before the International Trade
Commission and seeks to stop the importation of the IQOS product
into the United States; the other is a patent infringement action
currently pending in the Eastern District of Virginia.  RJ
Reynolds' patents are unrelated and not affiliated with the patents
asserted in the HCMC case.

"We are pleased that after a lengthy and careful analysis, a law
firm with the patent litigation reputation and strength of Cozen
O'Connor will be enforcing our patent rights," said Jeff Holman,
CEO of HCMC.

Mr. Holman concluded, "We look forward to proving our allegations
of infringement in this matter and intend to continue to move
forward against any and all companies that infringe upon our
intellectual property in both the tobacco and cannabis
categories."

                       About Healthier Choices

Headquartered in Hollywood, Florida, Healthier Choices Management
Corp. -- http://www.healthiercmc.com/-- is a holding company
focused on providing consumers with healthier daily choices with
respect to nutrition and other lifestyle alternatives.

The Company reported a net loss of $2.80 million for the year ended
Dec. 31, 2019, compared to a net loss of $13.16 million for the
year ended Dec.31, 2018.  As of Sept. 30, 2020, the Company had
$14.36 million in total assets, $11.19 million in total
liabilities, and $3.17 million in total stockholders' equity.


IMPACT CHIROPRACTIC: Says Ombudsman Appointment is Not Necessary
----------------------------------------------------------------
Impact Chiropractic Rehab and Wellness, LLC asks the U.S.
Bankruptcy Court for the Middle District of Florida for an order
showing that the appointment of an ombudsman is not necessary.

As cited in the Motion of the Debtor, the appointment of a patient
care ombudsman is not required under 11 U.S.C. Sec. 333 where a
Debtor is not considered a Health Care Business or where the court
determines one is not necessary under the specific facts of the
case.

According to the Debtor, it ceased its business operations on
August 14, 2020, and is not engaged in the further ongoing care of
patients.

Moreover, the Debtor states that it did not provide shelter and
sustenance in addition to medical chiropractic treatment. Hence,
the Debtor maintains that it does not qualify as a health care
business under the definition and no patient care ombudsman needs
to be appointed.

A full-text copy of the Motion is available at
https://bit.ly/3mB8EUD from PacerMonitor.com for free.

Impact Chiropractic Rehab and Wellness, LLC, filed a Chapter 7
petition (Bankr. M.D. Fla. Case No. 20-06562) on Nov. 30, 2020.

The Debtor's counsel:

        L Todd Budgen
        Budgen Law Group
        Tel: 407-481-2888
        E-mail: tbudgen@mybankruptcyfirm.com


INTELLIGENT PACKAGING: S&P Lowers ICR to 'B-', Outlook Stable
-------------------------------------------------------------
S&P Global Ratings downgraded the issuer credit rating on
Intelligent Packaging Sub L.P. (IPL) to 'B-' from 'B'.

S&P said, "In addition, we are lowering our issue-level rating on
the company's senior secured notes to 'B-' from 'B'. Our '4'
recovery rating (30%-50%; rounded estimate: 45%) on the notes
remains unchanged.

"At the same time, we are assigning our 'CCC' issue-level rating
and '6' recovery rating (0%-10%; rounded estimate: 0%) to the
proposed $125 million contingent cash-pay notes.

"The downgrade reflects IPL's weaker credit metrics, with debt
leverage of over 7x, and aggressive financial policies under its
new financial sponsor.  We estimate that the $125 million holding
company notes will increase the company's leverage by more than a
turn to over 7x on a pro forma basis. This is well above our 6.5x
downgrade threshold and we do not expect IPL to materially improve
its leverage over the next 12 months.

"We incorporate the $125 million notes in our credit metrics
despite their issuance through a newly formed parent holding entity
because we believe the company will ultimately be responsible for
these obligations. In addition, the proposed notes mature in 2026,
two years before the maturity of IPL's senior secured notes (2028),
which we believe could lead it to undertake a refinancing and
potentially incur additional debt at the operating company level.

"We believe IPL's willingness to increase its gross debt by $225
million (including the $100 million of senior secured notes it
issued in October 2020), partially to fund a shareholder
distribution less than two months after being taken private
(October 2020) reflects the aggressive financial policies under its
new financial sponsor, Madison Dearborn, and is incorporated in our
rating action.

"We view liquidity issues or default concerns as remote despite the
company's increased debt load.  IPL is required to pay cash
interest on the notes unless it fails to meet certain liquidity
thresholds and payment restrictions, which would require it to make
in-kind payments. As such, we estimate that IPL's ongoing debt
interest obligations will be about $46 million on a pro forma
annual basis. We believe the company's stable free cash flow
generation and ample liquidity are sufficient to meet its ongoing
debt interest obligations. Therefore, we view liquidity issues or
the risk of a payment default as remote despite its increased debt
load.

"The stable outlook reflects our expectation that IPL will continue
to generate sufficient positive cash flows to meet its ongoing debt
interest obligations despite its elevated credit metrics. We also
expect the company to maintain its free cash flow profile and ample
liquidity regardless of any further acquisitions or shareholder
rewards it may pursue."

S&P could consider downgrading IPL if:

-- A sustained deterioration in its operating performance
pressures its free cash flow generation such that its liquidity
tightens or the company becomes increasingly reliant on its ABL
facility on a sustained basis; or

-- Its credit metrics deteriorate such that its capital structure
becomes unsustainable, interest coverage approaches 1.5x or its
debt leverage approaches 10x.

S&P could consider upgrading IPL if:

-- Its debt leverage improves firmly below 6.5x on a sustained
basis; and

-- S&P is confident the company and its financial sponsor will
maintain financial policies that support its improved credit
metrics.



LIFEPOINT HEALTH: Moody's Assigns Caa1 Rating to New Unsec. Notes
-----------------------------------------------------------------
Moody's Investors Service assigned a Caa1 rating to LifePoint
Health, Inc.'s new senior unsecured notes. There is no impact on
any of LifePoint's existing ratings, including the B2 Corporate
Family Rating (CFR), B2-PD Probability of Default Rating, B1 senior
secured rating, and Caa1 senior unsecured rating, or the stable
outlook.

Proceeds from LifePoint's issuance of $500 million of senior
unsecured notes will be used to prepay a portion of the company's
senior secured term loan and pay related transaction fees and
expenses. The transaction in its contemplated form will extend
LifePoint's maturity profile and be leverage neutral.

Ratings assigned:

LifePoint Health, Inc.

Senior unsecured notes due 2029 at Caa1 (LGD5)

RATINGS RATIONALE

LifePoint's B2 CFR reflects the company's high financial leverage,
with pro forma debt to EBITDA of 6.1 times at September 30, 2020,
and Moody's expectation for moderate deleveraging over the next
12-18 months. Improvement in leverage and cash flow will be driven
by a decline in capital expenditures as significant investments in
replacement facilities taper, incremental contribution from these
new facilities as they become operational, and the realization of
additional cost savings. Moody's expects LifePoint to face a
moderate level of implementation risk with respect to the
outsourcing of revenue cycle management functions at some of its
hospitals over the next few years. Further, Moody's has very low
growth expectations for non-urban hospitals given multiple industry
headwinds. The B2 CFR is supported by the company's large scale
with over $8 billion in revenue and good geographic diversity.
Further, despite high leverage, Moody's anticipates that the
company will generate positive free cash flow due to limited
replacement hospital spending going forward and benefits from a
material amount of net operating loss carry-forwards (NOLs).
Despite the negative effects of the COVID-19 pandemic on volumes,
LifePoint has maintained good liquidity that has been helped in
part by substantial government aid to hospitals and good access to
the capital markets.

The stable outlook reflects Moody's expectation that LifePoint will
maintain good scale, geographic diversification, and liquidity
while operating with debt/EBITDA in the mid 5 times range during
the next 12-18 months.

With respect to governance, LifePoint's ownership by private equity
firm Apollo Management will result in the deployment of aggressive
financial policies. While LifePoint may pursue an IPO longer-term
given its large scale, Apollo may take dividends along the way,
particularly if the company achieves its cash flow and deleveraging
goals.

As a for-profit hospital operator, LifePoint also faces high social
risk. The affordability of hospitals and the practice of balance
billing has garnered substantial social and political attention.
Hospitals are now required to publicly provide the list price of
all of their services, although compliance and practice is
inconsistent across the industry. Additionally, hospitals rely on
Medicare and Medicaid for a substantial portion of reimbursement.
Any changes to reimbursement to Medicare or Medicaid directly
impacts hospital revenue and profitability. Further, as LifePoint
is focused on non-urban communities, slow population growth tempers
the company's capacity to grow admissions.

LifePoint's good liquidity reflects its cash balance of $2.8
billion as of September 30, 2020, and near fully available $800
million ABL facility.

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

The ratings could be downgraded if LifePoint experiences adverse
reimbursement developments, weakening admission trends, or revenue
cycle management challenges. A downgrade could also result from
weakening liquidity or aggressive financial policies such as
shareholder dividends or acquisition of margin dilutive hospitals.
Lastly, debt to EBITDA sustained above 6.0 times could also give
rise to a ratings downgrade.

The ratings could be upgraded if LifePoint achieves significant
cost and revenue improvements. Sustaining strong underlying patient
volume growth while maintaining debt to EBITDA below 5.0 times
could also result in a ratings upgrade.

PRINCIPAL METHODOLOGY

The principal methodology used in this rating was Business and
Consumer Service Industry published in October 2016.

COMPANY PROFILE

LifePoint Health, Inc., headquartered in Brentwood, Tennessee, is
an operator of general acute care hospitals, community hospitals,
regional health systems, physician practices, outpatient centers
and post-acute care facilities in non-urban markets. The company
operates 88 hospitals in 29 states under the private ownership of
funds affiliated with Apollo Global Management, LLC. LifePoint
merged with RegionalCare in November 2018. Revenues are
approximately $8.2 billion.


LIGHTHOUSE RESOURCES: Case Summary & 30 Top Unsecured Creditors
---------------------------------------------------------------
Lead Debtor: Lighthouse Resources, Inc.
             10980 South Jordan Gateway
             South Jordan UT, 84095

Business Description:     The Debtors consist of various active
                          and inactive entities with assets or
                          operations generally related to the coal

                          mining industry.  Lighthouse, a Delaware
                          corporation, is headquartered in South
                          Jordan, Utah and is the ultimate parent
                          company.  For more information, visit
                          https://www.lighthouseresourcesinc.com.

Chapter 11 Petition Date: December 3, 2020

Court:                    United States Bankruptcy Court
                          District of Delaware

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

    Debtor                                     Case No.
    ------                                     --------
    Lighthouse Resources, Inc. (Lead Debtor)   20-13056
    LHR Coal, LLC                              20-13057
    KCP, Inc.                                  20-13058
    Big Horn Coal Company                      20-13059
    Rosebud Coal Sales Company                 20-13060
    KCP Properties, Inc.                       20-13061
    Decker Holding Co., LLC                    20-13062
    Decker Coal Company, LLC                   20-13063
    Montana Royalty Holdings, LLC              20-13064
    LHR Infrastructure, LLC                    20-13065
    Millennium Bulk Terminals-Longview, LLC    20-13066
    Barlow Point Land Company, LLC             20-13067
    Columbia Land Company, LLC                 20-13068
    Gulf States Bulk Terminal, LLC             20-13069

Debtors'
General
Bankruptcy
Counsel:                  Mary Elisabeth Naumann, Esq.
                          Chacey Malhouitre, Esq.
                          JACKSON KELLY PLLC
                          100 West Main Street, Suite 700
                          Lexington, KY 40507
                          Tel: 859.255.9500
                          Email: mnaumann@jacksonkelly.com
                                chacey.malhouitre@jacksonkelly.com

                            - and -

                          Elizabeth Amandus Baker, Esq.
                          JACKSON KELLY PLLC
                          500 Lee Street East, Suite 1600
                          Charleston, WV 25301
                          Tel: 304.340.1000
                          Email: elizabeth.baker@jacksonkelly.com

Debtors'
Local
Bankruptcy
Counsel:                  L. Katherine Good, Esq.
                          Aaron H. Stulman, Esq.
                          POTTER ANDERSON & CORROON LLP
                          1313 N. Market Street, 6th Floor
                          Wilmington, DE 19801-6108
                          Tel: 302.984.6000
                          Fax: 302.658.1192
                          Email: kgood@potteranderson.com
                               astulman@potteranderson.com

Debtors'
Restructuring
Advisor:                  BDO USA LLP

Marketer &
Seller of
Debtors'
Assets Related
to the dock facility
owned by Millennium
Bulk Terminals-
Longview, LLC:            LANG LASALLE AMERICAS, INC.

Marketer & Seller
of Debtors' Coal
Mining Assets:            ENERGY VENTURES ANALYSIS

Debtors'
Claims &
Noticing
Agent and
Administrative
Advisor:                  STRETTO
    https://cases.stretto.com/lighthouseresources/court-docket/

Estimated Assets: $100 million to $500 million

Estimated Liabilities: $100 million to $500 million

The petitions were signed by Darin T. Adlard, vice president of
finance, Lighthouse Resources Inc.

A copy of Lighthouse's petition is available for free at
PacerMonitor.com at:

https://www.pacermonitor.com/view/LCZESOA/Lighthouse_Resources_Inc__debke-20-13056__0001.0.pdf?mcid=tGE4TAMA

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Big Horn County Treasurer         Government         $6,196,490
121 W. 3rd Street Room 203           Contracts
Hardin, MT 59034-0908
Denise Rios
Tel: 406.665.9837
Email: drios@bighorncountymt.gov

2. Montana Department of Revenue     Government         $4,484,001
PO Box 5805                          Contracts
Helena, MT 59604-5805
Tel: 406.444.6900
Email: dorcustomerassistance@mt.gov

3. Office of Natural                 Government         $3,295,076
Resources Rev                        Contracts
PO Box 25065, Denver Federal
Center, Denver, CO 80225-0065
Tel: 1.800.433.9801 x3668
Rebecca Dyess
Tel: 303.231.3322
Email: Rebecca.Dyess@onrr.gov

4. ICF Jones & Stokes, Inc.        Professional         $1,802,873
PO Box 775367                        Services
Chicago, IL 60677-5367
Zeeshawn Amin
Tel: 206.801.2800
Email: zeeshawn.Amin@icf.com

5. RCF Mgmt Invoices               Lender/Owner         $1,263,940
1400 Sixteenth Street
Ste 200
Denver, CO 80202
Ross Bhappu
Tel: 720.946.1444
Email: rbhappu@rcflp.com

6. Department of the Treasury     Black Lung Tax          $404,254
Internal Revenue Service
Ogden, UT 84201-0009

7. Anchor QEA                      Professional           $346,536
1202 3rd Ave, Suite 2600             Services
Seattle, WA 98101
Kendra Skellenger
Tel: 503.924.6179
Email: kskellenger@anchorqea.com

8. Cowlitz County Treasurer       Property Taxes          $218,161
207 N. 4th Ave, Room 202
Kelso, WA 98626
Tracy McDaniel
Tel: 360.577.3060
Email: McDaniel.Tracy@co.cowlitz

9. Stoel Rives LLP                 Professional           $213,228
        
760 SW Ninth Avenue,                 Services
Suite 3000
Portland, OR 97205
Tom Newlon
Tel: 800.305.8453
Email: accountsreceivable@stoel.com

10. Holmes Family                     Royalty             $179,226
Limited Partnership Royalties
1099 Carrara Court
Shelly Holmes
Tel: 307.751.4459
Email: Sdholmes2@msn.com

11. Venable LLP                    Professional           $165,050
PO Box 62727                         Services
Baltimore, MD 21264-2727
Danielle Pace
Tel: 410.528.2805
Email: DPace@Venable.com

12. Buckley Powder Co.             Trade Debts            $137,897
PO Box 17532
Denver, CO 80217-0532
Kim Frazer
Tel: 303.350.5128

13. Carlile Enterprises, Inc.      Professional           $110,000
3336 Daybreaker Drive                Services
Park City, UT 84098
David Carlile
Tel: 435.513.3163
Email: d.carlile@lhr-inc.com

14. Terra Hydr                      Professional          $107,283
PO Box 3616                           Services
Portland, OR 97208
Tel: 503.612.9200

15. Interstate Power                Trade Debts           $105,528
Systems, Inc.
1140 Main Street
Billing, MT 59107
Tel: 1.800.823.4334

16. NMV International, LLC          Professional          $100,000
20308 Watermill Road                  Services
Purcellville, VA 20132
Mel Richmond
Email: mel.richmond@newmagellan.com

17. Arnold Machinery Company        Trade Debts            $79,960
10766 So Highway 59
Gillette, WY 82718
Don Darling
Tel: 800.972.400 x0929
Email: ddarling@arnoldmachinery.com

18. Komatsu Equipment Company       Trade Debts            $77,019
1486 South Distribution Dr.
Salt Lake City, UT 84104
Robert Richens
Tel: 801.952.4739
Email: Robert.richens@komatsuna.com

19. Grette Associates                Professional          $73,646
151 S. Worthen Street, Suite 101       Services
Wenatchee, WA 98801
Tel: 509-663-6300

20. Davis, Graham &                  Professional          $65,395
Stubbs, LLP                            Services
1550 17th Street Ste 500
Denver, CO 80202
Susanne Joslin
Tel: 303.892.7593
Email: susanne.joslin@dgslaw.com

21. Equipment Maintenance             Trade Debts          $63,634
Service
3382 Bird Drive
Gillette, WY 82718
Laurie Wasson
Tel: 307.682.8773
Email: Laurie.wasson@sulzer.com

22. Story Partners                    Professional         $60,615
1000 Potomac Street, NW                Services
Suite 102, Washington DC, 20007
Debra Cabral
Tel: 202.706.7800
Email: Debra.Cabral@StorypartnersDC.com

23. Department of Ecology-             Regulatory          $58,900
Wastewater Permit                      Agency/
PO Box 47611                           Wastewater
Olympia, WA 98504-7611                 Permit
Tel: 800.633.6193
Email: Wqfee_unit@ecy.wa.gov

24. National Environmental            Professional         $50,905
Strategies, Inc.                        Services
2600 Virginia Avenue NW
Suite 505
Madonna Mitchell
Tel: 202.333.2524
Email: Madonna_mitchell@nes-dc.com

25. Esco Corporation                  Trade Debts          $49,829
14785 Collections Center Drive
Chicago, IL 60693
LeAnn Wilson
Tel: 307.277.6741
Email: Leann.Wilson@mail.weir

26. Montana Dept of                   Government           $42,210
Environmental                         Contracts
PO Box 200901
Helena, MT 59620-0901
Matthew Dorrington
Tel: 406.444.4967
Email: Matthew.dorrington@mt.gov

27. Rimpull Corporation              Trade Debts           $41,741
PO Box 748
Olathe, KS 66051-0748
Tel: 913.782.4000

28. Weston Strategic, LLC            Trade Debts           $41,650
679 Heald Road
Weston, WY 82731
Wendy Hutchinson
Tel: 360.560.9333
Email: w.hutchinson@lhr-inc.com

29. Cypress Advisory, LLC           Professional           $40,000
1028 33rd Street NW                   Services
Washington, DC 20007
Paige Weinstein
Tel: 202.337.1661
Email: paige@cypressgroupdc.com

30. Kiewit Royalty Trust               Royalty             $36,926
Trust Division, US Bank
National Association
1700 Farnam Street
Omaha, Nebraska 68102
Tel: 402-536-5100


LUSIGNAN SECURITY: Case Summary & 5 Unsecured Creditors
-------------------------------------------------------
Debtor: Lusignan Security Agency Inc.
        68 Pleasant Street
        Leicester, MA 01524

Chapter 11 Petition Date: December 2, 2020

Court: United States Bankruptcy Court
       District of Massachusetts

Case No.: 20-41136

Debtor's Counsel: James P. Ehrhard, Esq.
                  EHRHARD & ASSOCIATES, P.C.
                  250 Commercial Street
                  Suite 410
                  Worcester, MA 01608
                  Tel: 508-791-8411
                  Fax: 508-752-6168
                  Email: ehrhard@ehrhardlaw.com

Total Assets: $21,700

Total Liabilities: $1,715,000

The petition was signed by William F. Lusignan, president.

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

https://www.pacermonitor.com/view/ZPE4F4A/Lusignan_Security_Agency_Inc__mabke-20-41136__0001.0.pdf?mcid=tGE4TAMA


MABLETON LLC: Selling Mableton Subdivision to Rincon Investors
--------------------------------------------------------------
Mableton, LLC, asks the U.S. Bankruptcy Court for the Southern
District of Georgia to authorize the sale of the Mableton
Subdivision, which consists of 25 duplexes located in Effingham
County, Georgia, the roads throughout the Property, and certain
related personal property, to Rincon Investors, LLC ("RI") for the
purchase price of all amounts owed by the Debtor to RI at the time
of closing plus $1,143,500.

Debtor owns the Property and the Roads.

RI holds a first-in-priority security interest in the Property,
while Darnett Coleman holds a second-in-priority interest in the
Property, as well as a first-in-priority interest in the Roads.  

RI filed an appeal of the Court's June 22, 2017 Order Confirming
Plan to the United States District Court, and the Debtor has
opposed the Appeal.  The Appeal is administratively closed at this
time.

RI filed suit against Edward A. Coleman, individually, concerning
his guaranteed obligations which Coleman has disputed, in the
matter of Rincon Investors, LLC v. Edward A. Coleman, Superior
Court of Effingham County, Civil Action No. SU15CV014W.  RI
obtained a judgment against Mr. Coleman, and currently an appeal in
the Guaranty Litigation is pending in the Georgia Court of Appeals.


The Debtor, RI, and Coleman have come to a proposed agreement in
which Debtor will sell the Property and the Roads to RI and settle
all litigation pending between the Debtor, RI, and Coleman.  The
parties have executed their Purchase and Sale Agreement and an
Amendment to Purchase and Sale Agreement along with various
exhibits.

Under the PSA, the Debtor will sell the Property, the Roads, and
certain related personal property (including but not limited to,
tenant leases, fixtures, heating and air systems, appliances,
furniture, carpeting, mini-blinds, tools and supplies, and other
personal property used in connection with the operation of the
Property) to RI for the purchase price of all amounts owed by the
Debtor to RI at the time of closing plus $1,143,500.  The Debtor
will convey the Property and the Roads free and clear of liens.

The Debtor will assign to RI the Reciprocal Easement and Operating
Agreement, and RI will assume Debtor’s obligations under the
Reciprocal Easement and Operating Agreement.  It will deliver to RI
keys in the Debtor's possession with respect to the Property, a
certified rent roll, a general ledger concerning the Property
beginning Jan. 1, 2018 through Sept. 30, 2020, and cooperate with
RI in notifying tenants of the transfer of the Property with
instructions regarding payment of future rent obligations, along
with various other obligations at closing.  The Debtor will
transfer its tenant leases pertaining to the Property to RI and RI
will assume the landlord's obligations in such leases.

Coleman will dismiss the appeal pending in the Guaranty Litigation
and both Coleman and RI will sign the Settlement Agreement and
General Release.  RI will cancel its note and Commercial Deed to
Secure Debt, Assignment of Rents, and Security Agreement on the
Property.  RI will cancel its judgment against Coleman in the
Guaranty Litigation and dismiss with prejudice the Appeal in the
U.S. District Court concerning the bankruptcy case; and various
other obligations at closing.

The Tenant security deposits will be retained by Debtor and will be
deducted from the Debtor's proceeds at closin.  The sum of $34,961
currently held in escrow by Debtor in BB&T Account 8456 will be
retained by Debtor and one-half of that amount, i.e. $17,481 will
be deducted from the Debtor's proceeds at closing.  The Debtor will
continue to make monthly payments to RI in accordance with the
provisions of the Sixteenth Interim Order Authorizing the Use of
Cash Collateral Pursuant to 11 U.S.C. Section 363 and Adequate
Protection Payments until closing.  

Other obligations, requirements, representations and warranties of
both the Debtor and RI required prior to closing, at closing, and
post-closing as set forth in more detail in the PSA.

The closing of the sale will satisfy all payment obligations of
Debtor to RI, except as to the obligations contained in the PSA,
and Debtor will no longer need to make adequate protection payments
from cash collateral to RI after closing.  Upon closing of the sale
and cancellation of RI's lien, RI will no longer have a lien on any
cash held by the Debtor, and any order approving the sale will
include a provision that the Sixteenth Interim Order Authorizing
the Use of Cash Collateral or any subsequent cash collateral order
entered in the case between Debtor and RI, if applicable, will be
terminated upon the closing of the sale.

THe Debtor anticipates that upon closing of the sale and RI's
dismissal of the Appeal, the confirmation of the case will become
effective and the Debtor will move forward with making payments to
the remaining creditors per the terms of its confirmed plan and
take other actions as needed to finalize and close this Chapter 11
case.    

The Debtor asks that the PSA with RI and all accompanying documents
be approved in their entirety, and that it be authorized to sign
any documents necessary to effectuate and close the sale with RI.


A copy of the PSA is available at https://tinyurl.com/y5n9vhmd from
PacerMonitor.com free of charge

                     About Mableton LLC

Mableton, LLC, sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Ga. Case No. 15-40124) on Jan. 29, 2015.  The
petition was signed by Edward A. Coleman, member.  At the time of
the filing, the Debtor disclosed $1.66 million in assets and $3.47
million in liabilities.  The case is assigned to Judge Edward J.
Coleman III.

The Debtor's counsel:

          H. LEHMAN FRANKLIN, P.C.
          H. Lehman Franklin, Jr.
          P.O. Box 1064
          Statesboro, GA  30459
          Tel: 912-764-9616
          E-mail: hlfpcbankruptcy@hotmail.com


MDI CREATIVE: Kaddak LLC Buying All Assets for $10K Cash
--------------------------------------------------------
MDI Creative, Inc., asks the U.S. Bankruptcy Court for the Northern
District of Georgia to authorize the sale of substantially all
assets to Kaddak, LLC for $10,000, cash, on the terms of their
Asset Purchase Agreement dated as of Nov. 9, 2020.

After much consideration with its advisors, the Debtor determined
in its business judgment that the best course of action to try to
preserve as many of its employees' jobs as possible would be to
file a new case, pursue a sale of its primary assets to a new
owner, and hope that the new owner can employ as many of these
workers as possible.   

After negotiation between the Debtor and the Purchaser, the parties
entered into their Asset Purchase Agreement.  The Asset Purchase
Agreement establishes the terms and conditions for the sale of
substantially all assets of the Debtor to the Purchaser.  The
Purchaser has agreed to provide a cash payment in the amount of
$10,000 to the Debtor in exchange for the Purchased Assets.  To the
extent necessary, the asks permission to abandon any assets that it
deems burdensome to its estate, in its sole discretion.

Other than the Assigned Contracts, the Purchaser has not agreed to
pay and will not be required to assume and take assignment of any
executory contract or lease and will not have any liability or
obligation, direct or indirect, absolute or contingent, for the
liabilities of the Debtor or any other person or entity, including,
but not limited to, any obligation to pay income, payroll,
sales, or other taxes, or any or other claim in connection with the
Debtor's business relating to any period prior to the date of
Closing.  All liabilities and obligations with respect to the
Purchased Assets will be retained by the Debtor and will remain
liabilities and obligations of the estate.  

As a condition to the closing of the sale, the Asset Purchase
Agreement requires that the interests of any party, including any
secured creditor or lien holder, in the Purchased Assets will be
unconditionally released, terminated, and discharged and that any
security interests, liens or encumbrances attach to the sale
proceeds.

Notwithstanding the foregoing, the Purchaser will be responsible
for payment of cure costs, if any, associated with the Assigned
Contracts and will be responsible for all costs associated with
providing adequate assurances of future performance to the
counterparties of such contracts.  

The Debtor believes that the sale to the Purchaser represents the
highest and best offer for the sale of the Purchased Assets and
will create the most value for the estate.

The Debtor hired Tom Davidson with Davidson Capital as its broker
to pursue a sale of substantially all of its assets.  For
approximately five years, the Debtor and Mr. Davidson attempted to
sell the Debtor's business, and they received expressions of
interest from over a dozen parties, but none of them ever made an
offer to buy MDI's business.  Generally, these parties seemed to
consider MDI an old-school woodworking company that is being
replaced by big-box retailers such as Lowes, Home Depot, and IKEA.


The Debtor believes that the Purchaser's offer as further described
in the Asset Purchase Agreement represents the highest and best bid
for the Purchased Assets.  It has tried for years to find a
Purchaser and has not received any other concrete offers.

Finally, the Debtor asks that the Court's order approving the
Motion be effective immediately by providing that the 14-day stays
applicable under Rule 6004(h) of the Bankruptcy Rules be waived.  


A telephonic hearing on the Motion is set for Dec. 3, 2020 at 10:15
a.m.  Objections, if any, must be filed at least two business days
before the hearing.

A copy of the Agreement is available at
https://tinyurl.com/y6xlx3ec from PacerMonitor.com free of charge.

                     About MDI Creative

MDI Creative, Inc. is a full-service design and build millwork firm
for commercial and museum uses.  Visit https://www.mdicusa.com/ for
more information.

On Aug. 24, 2020, MDI Creative filed a voluntary petition for
relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga.
Lead Case No. 20-69273). Pat Malone, chief executive officer,
signed the petition.  At the time of the filing, Debtor was
estimated to have assets of less than $50,000 and liabilities of $1
million to $10 million.  Rountree Leitman & Klein, LLC serves as
the Debtor's legal counsel.


MERMAID BIDCO: Moody's Assigns B2 CFR, Outlook Stable
-----------------------------------------------------
Moody's Investors Service assigned new ratings to Mermaid Bidco
Inc. with a corporate family rating ("CFR") of B2 and a probability
of default rating ("PDR") of B2-PD. Concurrently, Moody's assigned
a B2 rating to the issuer's proposed senior secured first lien
multi-tranche credit facility, comprised of a $300 million term
loan B, a $260 million equivalent EUR-denominated term loan B, and
a $100 million revolver. The rating actions follow the recently
announced sale of the parent company (d/b/a Datasite Global
Corporation) to CapVest Partners LLP and Blackstone (as a minority
shareholder) and a subsequent refinancing of initial acquisition
funding with proceeds from the proposed credit facility as well as
a PIK toggle facility that Moody's views as a debt instrument which
will sit outside the restricted group[1]. Upon completion of this
transaction, Moody's expects the debt of predecessor entity
Datasite LLC to be repaid and all existing ratings on LLC to be
withdrawn. The ratings outlook is stable.

Moody's assigned the following ratings:

Assignments:

Issuer: Mermaid Bidco Inc.

Corporate Family Rating, Assigned B2

Probability of Default Rating, Assigned B2-PD

Senior Secured Term Loan B, Assigned B2 (LGD3)

Senior Secured Multi-Currency Revolving Credit Facility, Assigned
B2 (LGD3)

Outlook Actions:

Issuer: Mermaid Bidco Inc.

Outlook, Assigned Stable

RATINGS RATIONALE

Mermaid's B2 CFR reflects 1)the company's high debt-to-EBITDA
(Moody's adjusted for operating leases) of approximately 5x on an
LTM basis (approximately 6x when expensing capitalized software
costs); (2) revenue concentration in the financial services segment
with exposure to volatility in global capital markets; (3) modest
size and narrow product focus; (4) operations in a fragmented and
highly competitive environment with susceptibility to evolving
changes in technology; and (5) corporate governance concerns given
the company's concentrated ownership by CapVest and Blackstone,
particularly with respect to the potential for aggressive financial
strategies such as shareholder distributions that are heightened
with the sizable presence and complexity of the PIK toggle facility
which could constrain deleveraging efforts.

The risks associated with Mermaid's credit profile are partially
offset by the company's (1) established market position and long
operating history as a provider of secure online workspaces with
good product reliability and security; (2) a track record of high
renewal rates and strong re-occuring sales generated from repeat
business from financial services clients; (3) solid operating
margin driven by prudent cost management; and (4) Moody's
expectation for good liquidity over the next 12-18 months.

The B2 ratings for Mermaid's proposed first lien bank debt reflect
the borrower's B2-PD PDR and a loss given default ("LGD")
assessment of LGD3. The B2 first lien ratings are consistent with
the CFR as the first lien credit facility accounts for the
preponderance of Mermaid's debt structure.

Despite a fairly modest pro forma cash balance of approximately $10
million following the completion of the proposed financing,
Mermaid's good liquidity is supported by Moody's expectation of
free cash flow generation approximating $40 million (assuming no
restricted payments related to the PIK toggle facility) over the
next 12 months. The company's liquidity is also bolstered by an
$100 million revolving credit facility ($90 million undrawn). While
the proposed term loans are not subject to financial covenants, the
revolving credit facility has a springing covenant based on a
maximum 7.5x Senior Secured Net Leverage ratio which the company
should be comfortably in compliance with over the next 12-18
months.

As proposed, the new credit facility is expected to provide
covenant flexibility that if utilized could negatively impact
creditors, including (i) incremental facility capacity not to
exceed the greater of $137 million and 100% of adjusted EBITDA,
plus additional amounts such that the pro forma Consolidated Senior
Secured Net Leverage Ratio (as defined) does not exceed 4x and
Consolidated Total Secured Net Leverage Ratio (as defined) does not
exceed 5x with added flexibility at the option of the borrower, if
incurred in connection with a permitted acquisition or investment,
(ii) collateral leakage permitted through the transfer of assets to
unrestricted subsidiaries, subject to carve-out capacity; there are
no additional blocker protections (iii) requirement that only
wholly-owned subsidiaries act as subsidiary guarantors, raising the
risk that guarantees may be released following a partial change in
ownership. The credit agreement requires 100% of net cash proceeds
(in excess of defined amounts) of Asset Dispositions (as defined)
to be used to repay the credit facility, if not reinvested, with a
step-down on the prepayment/reinvestment requirement to 50% based
upon the achievement of the Consolidated Senior Secured Net
Leverage Ratio (as defined) of less than or equal to 3.50x.

The stable outlook reflects Moody's expectation that Mermaid will
generate strong organic revenue and EBITDA growth over the next 12
to 18 months. Debt-to-EBITDA (Moody's adjusted for operating leases
and capitalized software expenses) should decline moderately
towards the low 5x level. The stable outlook also assumes that the
company will favor the PIK feature over cash pay in the PIK toggle
facility, which otherwise would challenge meaningful debt leverage
reduction and reduce liquidity during this period.

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

The rating could be upgraded if Mermaid realizes consistent revenue
and EBITDA growth while adhering to a conservative financial policy
such that debt-to-EBITDA (Moody's adjusted for operating leases and
capitalized software expenses) is expected to be maintained below
4.0x and annual free cash flow/debt is sustained at a high-single
digit percentage level.

The rating could be downgraded if Mermaid were to experience weaker
than expected operating performance or implement more aggressive
financial policies such that Debt-to-EBITDA (Moody's adjusted for
operating leases and capitalized software expenses) is sustained
above 5.5x.

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

Mermaid, which is in the process of being acquired by CapVest and
Blackstone, is a leading SaaS provider of secure virtual data room
solutions with related support services for clients to manage their
complex, confidential, and regulated business information. Moody's
projects that the company will generate revenue of approximately
$300 million in fiscal year 2021 (ending January).



METAL PARTNERS: JRC Buying Remaining Equipment for $300K
--------------------------------------------------------
Metal Partners Rebar, LLC ("MPR"), and BGD LV Holding, LLC, ask the
U.S. Bankruptcy Court for the District of Nevada to authorize the
sale of their remaining equipment, including a Shearline #11
Mechanical Table Bender and a Shearline 613c Auto Stirrup Bender,
which are situated at BGD's facility located at 3101 East Craig
Road, North Las Vegas, Nevada, and in which Traxys North America,
LLC is a secured creditor, to JRC OpCo, LLC, now known as InteRebar
Fabricators, for $300,000.

On March 1, 2018, Traxys entered into a Joint Venture Agreement
("JVA") with MPR and BGD.  In connection with the JVA, Traxys
extended a term loan of $522,256 to BGD, which BGD used to finance
the purchase of the Equipment, which are situated at BGD's Las
Vegas facility.  The BGD Loan amount was the actual purchase price
for the Equipment when it was purchased from a third party, KRB, in
February 2018.

The BGD Loan is secured by a pledge of the Equipment pursuant to
that certain Loan and Security Agreement with Traxys.  Traxys
perfected its security interest in the Equipment through the filing
of UCC-1 financing statements with the Secretary of State of
Nevada on March 20, 2018.

On July 20, 2020, the Debtors obtained a private appraisal from
Daniel C. Watson, a certified general appraiser in Nevada, and who
has served as a liquidator in the Las Vegas area for almost four
decades, which indicated that the liquidation value of the
Equipment
is less than the sale price currently proposed.

As of the Petition Date, the principal balance of the BGD Loan was
$425,476, excluding accrued interest, costs and attorneys' fees.
As such, the liquidation value of the equipment per the Debtors'
appraisal is also less than the amount of BGD Loan owed to Traxys.


BGD continued to use the Equipment in the operation of its business
in North Las Vegas, post-petition, and such continued use over time
decreases the value of the Equipment.  In that regard, on July 15,
2020, Traxys filed its Motion for Relief from the Automatic Stay,
which asserted that, among other matters, Traxys' interests in the
Equipment were not being adequately protected, and thus that it was
entitled to relief from the automatic stay to realize upon the
Equipment.

As and for adequate protection, and in resolution of the Stay
Relief Motion as it related to the Equipment only, on Aug. 10,
2020, the parties entered into a Stipulation for Adequate
Protection Between the Debtors and Traxys North America LLC Re:
Certain Equipment Located in North Las Vegas Facility, which was
approved by the Court by order entered on Aug. 11, 2020.  

Pursuant to the AP Stipulation, the parties thereto agreed as
follows:

     (a) BGD will cause to be paid to Traxys the sum of $15,000 per
month  commencing July 2020, and continuing each and every month
thereafter during the pendency of its Chapter 11 Case, through and
including October 2020, whereafter, except as set forth herein, the
parties reserve any and all rights and remedies with respect to the
BGD Loan and the Equipment.  The first payment to Traxys for the
months of July and August 2020 will be paid within three business
days of the entry of the Order approving the Stipulation.  Further
monthly payments for September 2020 and thereafter will be made on
or prior to the first business day of the applicable.  The Adequate
Protection Payment to Traxys was not subject to Paragraph 9 of the
AP Stipulation and thus was to be made notwithstanding the pendency
of any other matters between the parties.

     (b) Traxys will be entitled to an allowed administration
expense claim under section 507(b) of the Bankruptcy Code against
BGD in an amount equal to the diminution in value of the Equipment
on and after the Petition Date, after crediting the Adequate
Protection Payments actually paid hereunder.

     (c) Traxys will have a fully allowed claim against BGD in the
principal amount of $425,476 and that, and only that, allowed claim
will not be subject to reconsideration for any reason whatsoever.
The lien in the Equipment securing the Traxys Allowed Claim will be
deemed fully enforceable, valid, perfected and non-avoidable,
subject to section 362 of the Bankruptcy Code.  Traxys reserved the
right to seek interest and attorneys' fees in respect of the Traxys
Allowed Claim under section 506(a) of the Bankruptcy Code and
the Debtors reserve the right to oppose any such relief.

The AP Stipulation further provided that in the event that BGD
discontinues making Adequate Protection Payments to Traxys after
October 2020 and to the extent the automatic stay remains in effect
as to the Equipment, Traxys will be immediately entitled to submit
a declaration to the Court and obtain ex parte relief from the
automatic stay pursuant to section 362 of the Bankruptcy Code, and
thereby exercise any and all state law rights and remedies with
respect to the Equipment, including without limitation a sale of
the Equipment.

The Debtors and Traxys also separately entered into a post-petition
agreement in the ordinary course of business involving the purchase
of certain steel rebar belonging to Traxys.  For the avoidance of
doubt, the Equipment proposed to be sold in the Motion is not part
of the Post-Petition Purchase Agreement.   

On Oct. 5, 2020, Traxys filed its Proof of Claim, being Claim No.
72 in MPR's case and Claim No. 4 in BCG's case, arising out of the
Traxys Loan, which asserted a secured claim in the amount of
$434,144.

On Oct. 14, 2020, the Court entered a Sale Order, authorizing the
Debtors to sell substantially all of their assets to JRC OpCo, and
to assume and assign the executory contracts and the unexpired
leases identified on Exhibit B to the Sale Order, in accordance
with the terms and conditions of the Amended Asset Purchase
Agreement.  That same day, sale closed, and title to the Purchased
Assets was transferred to JRC OpCo and the Assigned Contracts and
Leases were assumed and assigned to it as well.

The Equipment that is the subject of the current Motion was not
part of the Purchased Assets sold to JRC OpCo because the parties
were unable to agree to terms in conjunction with that sale and by
the time of that sale hearing.  In particular, the Equipment was
specifically excluded from the Sale Order.  Since that time,
however, the parties have further conferred and agreed to the sale
of the remaining Equipment, subject to the terms and conditions in
the Motion.

The Debtors, Traxys and JRC Opco have agreed that JRC Opco may
purchase the Equipment for a cash payment in the amount of $300,000
due within 60 days of the entry of the order approving the sale.
Pending the payment in full of the Purchase Price, JRC OpCo will
make monthly adequate protection payments of $15,000 by the first
of each month to Traxys.  For the avoidance of doubt, such adequate
protection payments are in additional to the Purchase Price and
will not be deducted from the Purchase Price.  JRC OpCo has already
made the first payment for November 2020.

Pending approval of the Motion and after its approval, pending
payment of the full Purchase Price, Traxys will forbear from
exercising any rights and remedies against the Equipment as may be
available under the AP Stipulation and/or under applicable state
law.  The sale is further subject to the Court approving the sale
free and clear or any and all lien, claims and encumbrances.

Upon the approval and consummation of the sale of the Equipment,
the Purchase Price will be paid directly to Traxys, and the Traxys
Allowed Claim will be reduced by a corresponding amount.  

In light of their current financial conditions and severe liquidity
constraints, the Debtors ask the Court to waive the 14-dya stay
under Bankruptcy Rules 6004(h).

A copy of the Amended Agreement is available at
https://tinyurl.com/yyut8cau from PacerMonitor.com free of charge.

                   About Metal Partners Rebar

Metal Partners Rebar, LLC and four affiliates concurrently filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code (Bankr. D. Nev. Lead Case No. 20-12878) on June 16, 2020.  The
petitions were signed by Joseph Tedesco, chief financial officer.
At the time of the filing, Metal Partners Rebar, LLC, was estimated
to have assets of $10 million to $50 million and liabilities of $50
million to $100 million; BGD LV Holding, LLC
was estimated to have assets of $0 to $50,000 and liabilities of
the same range; BRG Holding, LLC, was estimated to have assets of
$1 million to $10 million and liabilities of $10 million to $50
million; and BCG Ownco, LLC, was estimated to have assets of $1
million to $10 million and liabilities of $10 million to $50
million.

The Hon. Mike K. Nakagawa oversees the cases.

The Debtors tapped Saul Ewing Arnstein & Lehr LLP as their
bankruptcy counsel; Larson & Zirzow, LLC as general reorganization
co-counsel; High Ridge Partners, LLC as financial advisor; and SSG
Advisors, LLC as investment banker.


MILLER BRANGUS: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Miller Brangus, LLC
        3762 Natural Bridge Rd.
        Waynesboro, TN 38485

Chapter 11 Petition Date: December 2, 2020

Court: United States Bankruptcy Court
       Middle District of Florida

Case No.: 20-05282

Judge: Hon. Marian F. Harrison

Debtor's Counsel: Griffin S. Dunham, Esq.
                  DUNHAM HILDEBRAND, PLLC
                  2416 21st Ave S, Ste 303
                  Nashville, TN 37212
                  Tel: 615-933-5850
                  Fax: 615.777.3765
                  Email: griffin@dhnashville.com

Total Assets: $4,579,945

Total Liabilities: $3,304,162

The petition was signed by David Doyle Miller, member.

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

https://www.pacermonitor.com/view/YF5XIMI/Miller_Brangus_LLC__tnmbke-20-05282__0001.0.pdf?mcid=tGE4TAMA


MONTICELLO HORIZON: Blooming Buying Monticello Property for $472K
-----------------------------------------------------------------
Judge Cecelia G. Morris of the U.S. Bankruptcy Court for the
Southern District of New York will convene a hearing on Jan. 26,
2020 at 9:00 a.m. to consider Monticello Horizon Legacy, LLC's sale
of the rental property located at 167/173 Park Avenue, Monticello,
New York to Blooming Krantz, LLC for $472,000, on the terms of
their Contract of Sale.

Objections, if any, must be filed at least seven business days
prior to the Hearing.

The Chapter 11 bankruptcy petition and schedules indicate that the
Debtor owns the Property.  At the time of the filing of the
petition, the Property was encumbered by a mortgage lien (which
secures all of the real properties owned by the Debtor) held by
Wilmington Trust, National Association, as Trustee, for the Benefit
of the Holders of CoreVest American Finance 2019-1 Trust Mortgage
Pass-Through Certificates, with an approximate balance due of
$2,595,957 (Claim No. 2).

On Oct. 16, 2020, Robert Buckles of Capital Appraisal Group
performed an appraisal of the Property and determined that it had a
fair market value of $420,000.  

In November, 2020, the Debtor received an offer from the Buyer to
purchase the Property for the sum of $472,000.  The sale will be
free and clear of all liens, claims and encumbrances, security
interests and other interests.  The Debtor is desirous of selling
the Property to provide a significant payment towards the
Wilmington obligation.  Sale of the Property will help enable it to
move forward towards the filing and confirmation of its Chapter 11
Plan of Reorganization.  The sale of the Property will not result
in prejudice to Wilmington, as it will be paid the majority of the
proceeds of the sale, aside from minor routine closing costs.  As
such, the sale is in the best interest of Wilmington.   

The Debtor makes the Application for an Order authorizing them to
sell its right, title and interest in and to the property free and
clear of all liens against the Property.

A copy of the Appraisal and the Contract is available at
https://tinyurl.com/yyxu8hdj from PacerMonitor.com.

The Purchaser:

          BLOOMING KRANTZ, LLC
          368 New Hempstead Road
          Suite 312
          New City, NY 10956

                About Monticello Horizon Legacy

Monticello Horizon Legacy, LLC, based in South Fallsburg, NY, filed
a Chapter 11 petition (Bankr. S.D.N.Y. Case No. 20-35665) on June
24, 2020.  In the petition signed by Esther Loeffler, managing
member, the Debtor was estimated to have $1 million to $10 million
in both assets and liabilities.  The Hon. Cecelia G. Morris
oversees the case.  Michelle Trier, Esq., at Genova & Malin, serves
as bankruptcy counsel.


MUJI USA: To Present Plan for Confirmation on Dec. 21
-----------------------------------------------------
On Nov. 23, 2020, the U.S. Bankruptcy Court for the District of
Delaware entered an order authorizing MUJI U.S.A. Limited to
solicit acceptances for the Amended Chapter 11 Plan of
Reorganization of MUJI U.S.A. Limited Pursuant to Chapter 11 of the
Bankruptcy Code; and approving the Disclosure Statement as
containing "adequate information" pursuant to Section 1125 of the
Bankruptcy Code.

The hearing at which the Court will consider confirmation of the
Plan will commence on Dec. 21, 2020, at 10:30 a.m. (prevailing
Eastern Time) before the Honorable Mary F. Walrath, United States
Bankruptcy Court Judge, in the United States Bankruptcy Court for
the District of Delaware, 824 North Market Street, 5th Floor,
Wilmington, Delaware 19801.

The deadline for voting on the Plan and the deadline for filing
objections to the Plan is on Dec. 14, 2020 at 4:00 p.m. (prevailing
Eastern Time).   

Counsel to the Debtor:

         Dennis A. Meloro
         GREENBERG TRAURIG, LLP
         The Nemours Building
         1007 North Orange Street, Suite 1200
         Wilmington, Delaware 19801
         Telephone: (302) 661-7000
         Facsimile: (302) 661-7360
         E-mail: MeloroD@gtllaw.com

                - and -

         Shari L. Heyen
         David R. Eastlake
         GREENBERG TRAURIG, LLP
         1000 Louisiana Street, Suite 1700
         Houston, Texas 77002
         Telephone: (713) 374-3500
         Facsimile: (713) 374-3505
         E-mail: HeyenS@gtlaw.com
                 EastlakeD@gtlaw.com

                - and -

         David M. Guess
         GREENBERG TRAURIG, LLP
         18565 Jamboree Road, Suite 500
         Irvine, California 92612
         Telephone: (949) 732-6500
         Facsimile: (949) 732-6501
         E-mail: GuessM@gtlaw.com

                          About Muji USA

Muji U.S.A. Limited is a retailer of a wide variety of products,
including household goods, apparel and food. It was originally
founded in Japan in 1980. Visit https://www.muji.com for more
information.

Muji U.S.A. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Case No. 20-11805) on July 10, 2020. At the
time of the filing, Debtor disclosed assets of between $50 million
and $100 million and liabilities of the same range. Judge Mary F.
Walrath oversees the case.  

The Debtor has tapped Greenberg Traurig LLP as its legal counsel,
Mackinac Partners LLC as financial advisor, B. Riley Real Estate
LLC as real property lease consultant, and Donlin, Recano & Company
Inc. as claims and noticing agent.


MUJI USA: Unsecured Creditors Will Recover 50% to 66.67% in Plan
----------------------------------------------------------------
Muji U.S.A. Limited submitted a solicitation version of the
Disclosure Statement explaining its proposed Amended Plan of
Reorganization.

The Plan preserves the going-concern value of the Debtor's
business, maximizes recoveries to constituents, and protects jobs
of the Debtor's employees. More specifically, pursuant to the terms
of the Plan:

   * All Allowed Administrative Claims (other than DIP Facility
Claims) and Allowed Priority Tax Claims shall be paid in full in
cash.

   * Allowed DIP Facility Claims shall receive a principal portion
of the Exit Facility equal to the DIP Facility Claim Amount (less
certain fees and expenses that will be paid to the DIP Lender on
the Effective Date).

   * All Allowed Other Secured Claims and Allowed Other Priority
Claims shall be paid in full in cash or receive such other
treatment that renders such Claims Unimpaired.

   * Each Holder of Allowed Class 3 General Unsecured Claim shall
receive its pro rata share (calculated based on the proportion that
such Holder's Allowed General Unsecured Claim bears to the
aggregate amount of Allowed Class 3 General Unsecured Claims) of
the $4.0 million GUC Cash Distribution Pool; provided, further, if
Class 3 votes to accept the Plan, each Holder of an Allowed Class 3
Claim shall also receive a release from the Debtor and its Estate
of any Avoidance Action against such Holder of the Allowed Class 3
Claim, which release shall be effective as of the Effective Date.
The creditors will recover 50% – 66.67% of claims.

   * Ryohin Keikuku Co., Ltd. ("RKJ") will contribute its RKJ
Unsecured Claims as capital in the Reorganized Debtor.

   * In consideration of, among other things, RKJ's agreement to:
(1) in its capacities as the DIP Lender and the Exit Facility
Lender, roll the DIP Facility Claims into a portion of the Exit
Facility, (2) forego distributions from the GUC Cash Distribution
Pool on account of its RKJ Unsecured Claims, (3) fund the GUC Cash
Distribution Pool (via proceeds from the Exit Facility) for the
benefit of, and pro rata distribution to, Holders of Allowed Class
3 General Unsecured Claims, and (4) provide the Exit Facility to,
among other things, fund distributions under the Plan and provide
the Reorganized Debtor with additional liquidity that may be drawn
on from time to time, as necessary, by the Reorganized Debtor to,
among other things, fund business operations in the future and
provide the Reorganized Debtor with a flexible and sustainable
capital structure, on the Effective Date, RKJ will retain its
Interest in the Reorganized Debtor.

A full-text copy of the Disclosure Statement dated November 23,
2020, is available at https://tinyurl.com/y63z7uh7 from
PacerMonitor.com at no charge.

A full-text copy of the Order dated November 23, 2020, is available
at https://tinyurl.com/yxmc4846 from PacerMonitor.com at no
charge.

                      About Muji U.S.A. Limited

Muji U.S.A. Limited is a retailer of a wide variety of products,
including household goods, apparel and food. It was originally
founded in Japan in 1980.  Visit https://www.muji.com/ for more
information.

Muji U.S.A. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Case No. 20-11805) on July 10, 2020. At the
time of the filing, Debtor disclosed assets of between $50 million
and $100 million and liabilities of the same range. Judge Mary F.
Walrath oversees the case.

The Debtor has tapped Greenberg Traurig LLP as its legal counsel,
Mackinac Partners LLC as financial advisor, B. Riley Real Estate
LLC as real property lease consultant, and Donlin, Recano & Company
Inc. as claims and noticing agent.


MUSCLEPHARM CORP: Issues $2.87M Convertible Note to CEO Drexler
---------------------------------------------------------------
MusclePharm Corporation issued to Ryan Drexler, the Company's chief
executive officer, president and chairman of the Board of
Directors, a convertible secured promissory note in the original
principal amount of $2,871,967.

The Note bears interest at the rate of 12% per annum.  Interest
payments are due on the last day of each calendar quarter.  At the
Company's option (as determined by its independent directors), the
Company may repay up to one sixth of any interest payment by either
adding such amount to the principal amount of the Note or by
converting such interest amount into an equivalent amount of the
Company's common stock, $0.001 par value per share.  Any interest
not paid when due shall be capitalized and added to the principal
amount of the Note and bear interest on the applicable interest
payment date along with all other unpaid principal, capitalized
interest, and other capitalized obligations.  Both the principal
and any accrued but unpaid interest under the Note will be due on
July 1, 2021, unless converted or repaid earlier.

The Holder may, at any time, and from time to time, upon written
notice to the Company, convert the outstanding principal and
accrued interest into shares of Common Stock, at a conversion price
of $0.23 per share.  The Company may prepay the Note by giving the
Holder between 15 and 60 days' notice depending upon the specific
circumstances, subject to the Holder's conversion right.

The Note contains customary events of default, including, among
others, the failure by the Company to make a payment of principal
or interest when due.  Following an event of default, at the option
of the Holder and upon written notice to the Company, or
automatically under certain circumstances, all outstanding
principal and accrued interest will become due and payable.  The
Note also contains customary restrictions on the ability of the
Company to, among other things, grant liens or incur indebtedness
other than certain obligations incurred in the ordinary course of
business.  The restrictions are also subject to certain additional
qualifications and carveouts, as set forth in the Note.  The Note
is subordinated to certain other indebtedness of the Company.

In connection with the issuance of the Note, the Company and Mr.
Drexler entered into a Sixth Amended and Restated Security
Agreement to amend and restate the Fifth Amended and Restated
Security Agreement to provide Mr. Drexler with a first priority
lien (except as to certain excluded property) in respect of
obligations due under the Note.

                          About MusclePharm

Headquartered in Denver, Colorado, MusclePharm Corporation
(OTCQB:MSLP) -- http://www.musclepharm.comand
http://www.musclepharmcorp.com-- develops, manufactures, markets
and distributes branded nutritional supplements.  The Company
offers a broad range of performance powders, capsules, tablets and
gels that satisfy the needs of enthusiasts and professionals
alike.

MusclePharm reported a net loss of $18.93 million for the year
ended Dec. 31, 2019, compared to a net loss of $10.76 million for
the year ended Dec. 31, 2018.  As of Dec. 31, 2019, the Company had
$14.54 million in total assets, $42.49 million in total
liabilities, and a total stockholders' deficit of $27.95 million.

SingerLewak LLP, in Los Angeles, California, the Company's auditor
since 2019, issued a "going concern" qualification in its report
dated Aug. 24, 2020, citing that the Company has suffered recurring
losses from operations, accumulated deficit and its total
liabilities exceed its total assets.  This raises substantial doubt
about the Company's ability to continue as a going concern.


NABORS INDUSTRIES: Reports Final Results of Exchange Offers
-----------------------------------------------------------
Nabors Industries, Inc., a wholly-owned subsidiary of Nabors
Industries Ltd. ("Parent") announced the final results of its
offers to all Eligible Holders to exchange (x) certain aggregate
principal amounts of the Company's (i) 4.625% Senior Notes due
2021, (ii) 5.50% Senior Notes due 2023, (iii) 5.10% Senior Notes
due 2023, (iv) 5.75% Senior Notes due 2025, and (v) 0.75% Senior
Exchangeable Notes due 2024 and (y) certain aggregate principal
amounts of Parent's (i) 7.25% Senior Guaranteed Notes due 2026 and
(ii) 7.50% Senior Guaranteed Notes due 2028 for up to $300 million
aggregate principal amount of newly issued 9.00% senior priority
guaranteed notes due 2025.

As of 11:59 p.m., New York City time, on Nov. 27, 2020,
approximately $380.2 million aggregate principal amount, or
approximately 27.60% of the approximately $1.3772 billion of Old
Notes subject to the Exchange Offers were validly tendered and not
validly withdrawn.  As a result, the Company expects to issue
$175.7 million aggregate principal amount of New Notes in exchange
for such validly tendered and accepted Old Notes on the settlement
date of the Exchange Offers, which is expected to be on Dec. 1,
2020. Additionally, the Company previously issued $50.5 million
aggregate principal amount of 6.5% Senior Priority Guaranteed Notes
due 2025 in a private transaction in exchange for $115.0 million
aggregate principal amount of its 0.75% Senior Exchangeable Notes
due 2024. The Private Exchange Notes are substantially similar to
the New Notes with respect to ranking, covenants and certain other
terms. The Private Exchange Notes and the New Notes are referred to
as the Company's "Senior Priority Guaranteed Notes."  The issuance
of the $50.5 million aggregate principal amount of Private Exchange
Notes, when combined with the $175.7 million aggregate principal
amount of New Notes to be issued upon settlement of the Exchange
Offers, will result in approximately $226.1 million aggregate
principal amount of the Senior Priority Guaranteed Notes
outstanding upon the settlement of the Exchange Offers and an
overall reduction of approximately $269.1 million aggregate
principal amount of the Company's senior debt.

Based on these results, the Company expects to accept all Old Notes
tendered for exchange and issue New Notes as consideration
therefore on the Settlement Date.  Holders of Old Notes accepted
for exchange will also receive a cash payment equal to the accrued
and unpaid interest on such accepted Old Notes from the applicable
latest interest payment date to, but not including, the Settlement
Date. Interest on the New Notes will accrue from the Settlement
Date.
The Exchange Offers were only made, and the New Notes were offered
and will be issued only (a) to holders of Old Notes who are
reasonably believed to be "qualified institutional buyers" (as
defined in Rule 144A under the Securities Act of 1933, as amended
and (b) to holders of Old Notes who are persons other than U.S.
persons outside the United States in reliance upon Regulation S
under the Securities Act.  Holders of Old Notes who have certified
to the Company that they are eligible to participate in the
Exchange Offers pursuant to at least one of the foregoing
conditions are referred to as "Eligible Holders."  The Company made
the Exchange Offers only to Eligible Holders through, and pursuant
to, the terms of a confidential offering memorandum.

The New Notes and the Exchange Offers have not been and will not be
registered with the U.S. Securities and Exchange Commission under
the Securities Act, or any state or foreign securities laws.  The
New Notes may not be offered or sold in the United States or for
the account or benefit of any U.S. persons except pursuant to an
exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act.  The Exchange
Offers were not made to Eligible Holders of Old Notes in any
jurisdiction in which the making or acceptance thereof would not be
in compliance with the securities, blue sky or other laws of such
jurisdiction. This press release is for informational purposes only
and is not an offer to purchase or a solicitation of an offer to
purchase or sell any securities, nor shall there be any sale of any
securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such jurisdiction.

                           About Nabors

Nabors (NYSE: NBR) owns and operates land-based drilling rig fleets
and provides offshore platform rigs in the United States and
several international markets.  Nabors also provides directional
drilling services, tubular services, performance software, and
innovative technologies for its own rig fleet and those of third
parties.

Nabors reported a net loss attributable to common shareholders of
$720.13 million for the year ended Dec. 31, 2019, compared to a net
loss attributable to common shareholders of $653.25 million for the
year ended Dec. 31, 2018.  As of Sept. 30, 2020, the Company had
$5.82 billion in total assets, $4.02 billion in total liabilities,
$438.48 million in redeemable noncontrolling interest in
subsidiary, and $1.35 billion in total equity.

                           *   *   *

As reported by the TCR on Nov. 3, 2020, Fitch Ratings downgraded
the Issuer Default Rating (IDR) for Nabors Industries, Ltd. and
Nabors Industries, Inc. to 'C' from 'B-' following the company's
announcement of an offer to exchange a series of senior unsecured
notes for senior unsecured guaranteed notes.

S&P Global Ratings lowered its issuer credit rating on U.S.-based
onshore drilling contractor Nabors Industries Ltd. to 'SD'
(selective default) from 'CCC+', its issue-level rating on its
0.75% exchangeable notes due 2024 to 'D', and its issue-level
ratings on the notes involved in the tender offers to 'CC'.  S&P
said the downgrade follows Nabors' completion of a private
exchange, whereby it exchanged $115 million of the principal amount
of its 0.75% exchangeable bonds due 2024 for $50.485 million of new
senior priority guaranteed notes due 2025, the TCR reported on Nov.
3, 2020.


NAVARRETE INVESTMENTS: Plan to be Funded by Property Sale/Refinance
-------------------------------------------------------------------
Navarrete Investments, LLC filed with the U.S. Bankruptcy Court for
the Central District of California, Santa Ana Division, a Combined
Disclosure Statement and Chapter 11 Plan of Reorganization on
October 16, 2020.

The Plan provides for either the sale or refinance of Anita Avenue
Property on or before Dec. 18, 2020 such that the Leonard First
Trust Deed will be paid off in full in compliance with the terms of
the Adequate Protection Order.

Class 4 consists of the general unsecured claims of non-insiders
Robertson's Ready Mix Ltd. and Michillinda Park Association. The
Class 4 Claims will be paid in full either from the sale of the
Anita Avenue Property or within 30 days of the effective date if
the Anita Avenue Property is not sold.

Kenneth Group Incorporated is scheduled by the Debtor as the holder
of an undisputed, unsecured claim in the amount of $200,000.00.
Upon closing of any sale of the Anita Avenue Property, should there
be any funds on hand after payment in full of all Administrative
Expenses, all Class 1, Class 2, Class 3, and Class 4 Claims, and
all costs of sale, any remaining funds shall first be used to pay
the Class 5 Claim. Kenneth Group Incorporated is an insider not
entitled to vote on the Plan.

The Debtor will retain its ownership interest in the Anita Avenue
property unless there is a sale of the Anita Avenue by this Court
or the Anita Avenue is lost through foreclosure. Upon closing of
any sale of the Anita Avenue Property, should there be any funds on
hand after payment in full of all Administrative Expenses, all
Class 1, Class 2, Class 3, Class 4 Claims, and Class 5 Claims, and
all costs of sale, any remaining funds shall be released to the
Debtor. This class is unimpaired and not entitled to vote on the
Plan.

A full-text copy of the Combined Plan and Disclosure Statement
dated October 16, 2020, is available at
https://tinyurl.com/y3hr43d5 from PacerMonitor at no charge.

Attorney for the Debtor:

            Julian Bach, Esq.
            LAW OFFICE OF JULIAN BACH
            7911 Warner Avenue
            Huntington Beach, CA 92647
            Tel: 714-848-5085
            E-mail: julian@jbachlaw.com

                    About Navarrete Investments

Navarrete Investments, LLC, a Single Asset Real Estate (as defined
in 11 U.S.C. Section 101(51B)), filed a Chapter 11 petition (Bankr.
C.D. Cal. Case No. 20-11749) on June 18, 2020.  At the time of
filing, the Debtor has $1 million to $10 million estimated assets
and $1 million to $10 million estimated liabilities.  Hon. Theodor
Albert oversees the case.  Julian Bach, Esq., of the LAW OFFICE OF
JULIAN BACH, is the Debtor's Counsel.


NORTHEAST GAS: Dec. 4 Plan Confirmation Hearing Set
---------------------------------------------------
On September 18, 2020, NorthEast Gas Generation, LLC and certain of
its affiliates filed with the U.S. Bankruptcy Court for the
District of Delaware a motion for entry of an order approving the
Proposed Disclosure Statement.

On October 22, 2020, Judge Mary F. Walrath approved the Disclosure
Statement and ordered that:

* December 4, 2020 starting at 12:00 p.m. (noon) is the
Confirmation Hearing.

* November 25, 2020 at 4:00 p.m. is fixed as the last day to file
objections to confirmation of the plan.

* November 25, 2020 at 4:00 p.m. is fixed as the voting deadline.

* November 25, 2020 at 4:00 p.m. is fixed as the opt-out election
deadline.

A full-text copy of the order dated October 22, 2020, is available
at https://tinyurl.com/y3bdyvnm from PacerMonitor at no charge.

                    About Northeast Gas Generation

NorthEast Gas Generation, LLC -- https://www.talenenergy.com/ --
owns and manages a portfolio of two natural gas-fired electric
generating facilities located in the United States: (1) a 1,080 MW
facility located in Athens, New York that achieved commercial
operation on May 5, 2004; and (2) a 360 MW facility, located in
Charlton, Massachusetts, that achieved commercial operation on
April 12, 2001.  The NorthEast Gas is part of a group of
privately-owned independent power generation infrastructure
companies indirectly owned by non-debtors Talen Energy Corporation
and Talen Energy Supply, LLC.

The company filed for Chapter 11 protection for the first time in
2014, through which NorthEast Gas reduced its outstanding debt
obligations by more than $600 million by exchanging its
then-second-lien debt for 93.5% of the equity in a reorganized
company while giving existing equity holders the remaining shares.
The second case commenced in 2018 and reduced the debt load of the
company by another $70 million and turned over the equity of an
operating affiliate to former senior lenders.

NorthEast Gas Generation LLC and its affiliates sought Chapter 11
protection (Bankr. Del. Case No. 20-11597) on June 18, 2020.  In
the recent case, NorthEast Gas was estimated to have $100 million
to $500 million in assets and $500 million to $1 billion in
liabilities.  

The current case has been assigned to U.S. Bankruptcy Judge Mary F.
Walrath, who presided over both previous cases.

The Debtors are represented by Mark D. Collins, Daniel J.
DeFranceschi, Jason M. Madron, Brendan J. Schlauch and David T.
Queroli of Richards Layton & Finger PA.  ALVAREZ & MARSAL NORTH
AMERICA, LLC, is the restructuring advisor.  HOULIHAN LOKEY
CAPITAL, INC., is the investment banker.  PRIME CLERK LLC is the
claims agent.


NPC INTERNATIONAL: Flynn Delays Sale of Restaurants
---------------------------------------------------
Steven Church of Bloomberg News reports that fast-food franchisee
NPC International agreed to delay court consideration of the sale
of its Wendy's and Pizza Hut restaurants so the potential buyer,
Flynn Restaurant Group, can finish negotiating details of the
takeover.

Flynn is still in discussions with Pizza Hut, NPC bankruptcy
attorney Kevin Bostel told the judge overseeing NPC's Chapter 11
case during a court hearing held Tuesday, December 2, 2020, by
video.

NPC had been scheduled to return to court on Friday, November 27,
2020, to ask U.S. Bankruptcy Judge David Jones to approve the sale,
Bostel said; instead, NPC will give Jones an update on the sale
process.

                    About NPC International

NPC International, Inc. -- https://www.npcinternational.com/ -- is
a franchisee company with over 1,600 franchised restaurants across
two iconic brands -- Wendy's and Pizza Hut -- spanning 30 states
and the District of Columbia.

NPC International and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Lead Case No.
20-33353) on July 1, 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 David R. Jones oversees the cases.

The Debtors tapped Weil, Gotshal & Manges, LLP, as bankruptcy
counsel; Alixpartners, LLP as financial advisor; Greenhill & Co.,
LLC as investment banker; and Epiq Corporate Restructuring, LLC as
claims, noticing and solicitation agent and administrative advisor.


O & B HACKING: Class III Unsecureds Will Get 10% of Claims
----------------------------------------------------------
O & B Hacking, Corp. filed with the U.S. Bankruptcy Court for the
Eastern District of New York a Disclosure Statement for Plan of
Reorganization on October 16, 2020.

Class II shall consist of the unsecured claim of DePalma
Acquisition I LLC in the total amount of $219,503.31. The Debtor's
principals will surrender 2 NYC Taxi medallions #8H20 and 8H21
which are unencumbered and a lump sum payment of $10,000.00 will be
paid to DePalma Acquisition I LLC on the effective date of the
Plan.

Class III shall consist of the general unsecured claims in the
amount of $24,493.  The Debtor proposes to pay 10% dividend of
their allowed claims in one lump sum payment commencing on the
effective date of the Plan.

The Plan will be funded by the contemplated lump sum payment
representing the deficiency settlement to be made from the personal
funds of corporate principals Olga Matusovsky and Boris Bruderzon.

A full-text copy of the Disclosure Statement dated October 16,
2020, is available at https://tinyurl.com/y4ookren from
PacerMonitor.com at no charge.

Attorney for the Debtor:

     Alla Kachan, Esq.
     Law Offices of Alla Kachan, P.C.
     3099 Coney Island Avenue
     Brooklyn, New York 11235
     Tel: +1 718-513-3145

                    About O & B Hacking, Corp.

Based in Brooklyn, New York, O & B Hacking, Corp. filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y.
Case No. 19-46885) on Nov. 14, 2019, listing under $1 million in
both assets and liabilities.  Alla Kachan, Esq. at the Law Offices
of Alla Kachan, P.C. represents the Debtor as counsel.


OMNIQ CORP: Gets $6.6M New Orders for Data Collection Systems
-------------------------------------------------------------
Omniq Corp. has received purchase orders with a total value of
approximately $6.6 million from a U.S. supermarket chain for the
supply of mobile data collection, computing and communications
equipment as part of its technology enhancement programs.

OMNIQ's suite of supply chain mobility solutions, which includes
rugged handheld mobile computers, barcode readers and printers with
fast and dependable wireless connection, enable quick and accurate
data collection, tracking, processing and analysis for critical
business functions, such as shipping and receiving and inventory
and warehouse management.  These Android-based industrial-designed
handheld devices, which provide a more "contactless" approach to
retail and logistics operations, will be integrated with the
customer's corporate logistics system.
  
"We are experiencing positive momentum towards the end of fiscal
year 2020 in spite of the challenging COVID-19 situation and we are
looking forward to a successful 2021," said Shai Lustgarten, CEO of
OMNIQ.  "Recently, we announced third quarter revenues of $15.8
million, representing more than 20% growth both year over year and
sequentially, and demonstrating our strong and loyal customer base
combined with the quality of our solutions.  Recent orders from
multiple industries and organizations prove the diversified demand
for our sophisticated AI and supply chain solutions for critical
purposes in the U.S. and abroad.  This is especially relevant today
as our touchless solutions are receiving broadened traction across
many industries, including healthcare, retail, transportation and
logistics, homeland security and parking management, as
organizations emphasize productivity, health and safety."

                        About OMNIQ Corp.

Headquartered in Salt Lake City, Utah, OMNIQ Corp. (OTCQB: OMQS) --
http://www.omniq.com/-- provides computerized and machine vision
image processing solutions that use patented and proprietary AI
technology to deliver data collection, real time surveillance and
monitoring for supply chain management, homeland security, public
safety, traffic & parking management and access control
applications.  The technology and services provided by the Company
help clients move people, assets and data safely and securely
through airports, warehouses, schools, national borders, and many
other applications and environments.

Omniq reported a net loss attributable to common stockholders of
$5.31 million for the year ended Dec. 31, 2019, compared to a net
loss attributable to common stockholders of $5.41 million for the
year ended Dec. 31, 2018.  As of June 30, 2020, the Company had
$41.33 million in total assets, $42.05 million in total
liabilities, and a total stockholders' deficit of $725,000.

Haynie & Company, in Salt Lake City, Utah, the Company's auditor
since 2019, issued a "going concern" qualification in its report
dated March 30, 2020, citing that the Company has a deficit in
stockholders' equity, and has sustained recurring losses from
operations.  This raises substantial doubt about the Company's
ability to continue as a going concern.


P-D VALMIERA GLASS: Says No Objections to Plan Confirmation Filed
-----------------------------------------------------------------
On Sept. 10, 2020, P-D Valmiera Glass USA Corp., filed with the
Court its Plan of Liquidation and  the accompanying Disclosure
Statement to Accompany Plan of Liquidation.

Following a hearing on Oct. 15, 2020, to consider the adequacy of
the Disclosure Statement, the Debtor filed the First Amended PLan
Plan and First Amended Disclosure Statement to reflect changes and
revisions announced on the record at the Oct. 15, 2020 hearing.  On
Oct. 16, 2020, the Court entered an approving the solicitation
procedures.  On Oct. 20, 2020, the Court approved the First Amended
Disclosure Statement and set a hearing to consider confirmation of
the Plan for Dec. 1,  2020.

No objections were filed on or before the deadline for filing
objections to confirmation of the Plan.

The Plan incorporates a number of heavily negotiated settlements
which are favorable to the Debtor's Estate and Creditors,
including: (a) the WARN Act Class Settlement, (b) settlement of
potential Estate claims against the Bank which are the subject of
the Committee's Standing Motion, and (c) settlement of Insider
Claims which total in excess of $125,000,000.  The Plan provides
for the creation of a Liquidating Trust which shall be governed by
the Liquidating Trust Agreement,  the Plan and the Confirmation
Order.   

The  WARN  Act  Class  Settlement  resolves  a  potential  $4.7
million  priority  wage  claim  under 11 U.S.C. Sec. 507(a)(4)
asserted in the WARN Act Class Action and the WARN Act POC by
allowance and payment of the priority WARN Claim in the amount of
$887,500, payment of the WARN  Net Recovery from Excluded Assets,
and allowance of the WARN GUC, in the amount of $1,112,500, as an
Unsecured Claim under Class 5.  The settlement under the Plan of
the potential claims held by the Estate against the Bank which are
the subject of the Committee's Standing Motion will result in no
less than $4,821,000 of proceeds of the Bank's collateral being
made available under the Plan  to fund Confirmation Expenses (up to
$3,208,500) and the GUC Amount ($1,612,500).  Additionally, the
Excluded Assets will be transferred to the Liquidating Trust for
the benefit of holders of Liquidating Trust Claim.  As part of the
settlement with the Bank reflected in the Plan, the Bank is
agreeing not to take  any  distribution  from the Liquidating Trust
Assets and is also waiving any diminution claims.

Finally, under the Plan it is anticipated that Insiders which have
scheduled and/or filed Unsecured Claims in excess of $125,000,000
will agree to the disallowance of those Claims in exchange for the
releases and injunctive relief being provided for the Insider
Released Parties.  Insofar as projected total Unsecured Claims
under the Plan ranges from approximately $23 million to $34
million, these Insider Claims, together with the Bank's potential
diminution and deficiency  Claims if allowed, would substantially
reduce any return to Unsecured Creditors in the case.

Counsel for the Debtor:

          SCROGGINS & WILLIAMSON, P.C.
          J. ROBERT WILLIAMSON
          ASHLEY REYNOLDS RAY
          MATTHEW W. LEVIN
          One Riverside
          4401 Northside Parkway
          Suite 450
          Atlanta, GA 30327
          Tel: 404.893.3880

             About P-D Valmiera Glass USA Corp.

P-D Valmiera Glass USA Corp. -- https://www.valmiera-glass.com/
--manufactures fiberglass and fiberglass products. P-D Valmiera
Glass USA sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Ga. Case No. 19-59440) on June 17, 2019.

At the time of the filing, the Debtor was estimated to have assets
of between $100 million and $500 million and liabilities of the
same range. The case is assigned to Judge Paul W. Bonapfel. The
Debtor is represented by Scroggins & Williamson, P.C. SC&H Capital
acted as the Debtor's exclusive investment banker.

The U.S. Trustee for Region 21 appointed creditors to serve on the
Official Committee of unsecured creditors on July 8, 2019. The
committee hired Kilpatrick Townsend & Stockton LLP as its legal
counsel and Dundon Advisers LLC as its financial advisor.

Troutman Sanders LLP is counsel to SEB Banka.

On April 27, 2020, the Court entered an Order approving a sale of
substantially all assets of the estate to Saint-Gobain Adfors
America, Inc. and the transaction closed on June 2.


P-D VALMIERA GLASS: Unsecureds Get 4.2% to 6.1% in Wind-Down Plan
-----------------------------------------------------------------
P-D Valmiera Glass USA Corp. filed the First Amended Disclosure
Statement to accompany the First Amended Plan of Liquidation on
October 16, 2020.

The Debtor entered into an asset purchase agreement dated March 2,
2020 with Saint-Gobain Adfors America, Inc. for the purchase and
sale of substantially all of the Debtor's assets. On April 22,
2020, the Court held a hearing on the Sale Motion and approved the
asset purchase agreement and the sale transaction to Saint-Gobain.
Pursuant to the terms of the Sale Order, the Debtor exercised the
purchase option under the Lease with the Authority and paid the
Authority $1.1 million of the sale proceeds in connection
therewith. The remaining sale proceeds in the amount of
$17,284,026.52 are being held by Truist Bank, as escrow agent.

Holders of Allowed Class 5 Unsecured Claims, including the WARN GUC
Claim, shall receive one or more pro rata distributions of the
Liquidation Proceeds less the Retained Proceeds. The WARN Act
Settlement Administrator shall make further distributions and
payment of any funds received on account of the WARN GUC Claim in
accordance with the WARN Act Class Settlement. The Debtor estimates
that this will result in a distribution between 4.2 to 6.1% to the
holders of Allowed Unsecured Claims.

Holders of Allowed Equity Interests in Class 7 shall retain their
Equity Interests in the Post-Effective Date Debtor and shall
receive no distributions of Cash or other Property under the Plan
or from the Liquidating Trust on account of such Equity Interests.

A full-text copy of the First Amended Disclosure Statement dated
October 16, 2020, is available at https://tinyurl.com/y65fomkc from
PacerMonitor.com at no charge.

Counsel for the Debtor:

     J. Robert Williamson, Esq.
     Ashley Reynolds Ray, Esq.
     SCROGGINS & WILLIAMSON, P.C.
     One Riverside
     4401 Northside Parkway, Suite 450
     Atlanta, GA 30327
     Tel: (404) 893-3880

          About P-D Valmiera Glass USA Corp.

P-D Valmiera Glass USA Corp. -- https://www.valmiera-glass.com/ --
manufactures fiberglass and fiberglass products. P-D Valmiera Glass
USA sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Ga. Case No. 19-59440) on June 17, 2019.

At the time of the filing, the Debtor was estimated to have assets
of between $100 million and $500 million and liabilities of the
same range. The case is assigned to Judge Paul W. Bonapfel. The
Debtor is represented by Scroggins & Williamson, P.C. SC&H Capital
acted as the Debtor's exclusive investment banker.

The U.S. Trustee for Region 21 appointed creditors to serve on the
Official Committee of unsecured creditors on July 8, 2019. The
committee hired Kilpatrick Townsend & Stockton LLP as its legal
counsel and Dundon Advisers LLC as its financial advisor.

Troutman Sanders LLP is counsel to SEB Banka.

On April 27, 2020, the Court entered an Order approving a sale of
substantially all assets of the estate to Saint-Gobain Adfors
America, Inc. and the transaction closed on June 2.


PANIOLO CABLE: Trustee Selling Assets to Hawaiian Telcom for $50M
-----------------------------------------------------------------
Michael Katzenstein, the Chapter 11 Trustee of Paniolo Cable Co.,
LLC, asks the U.S. Bankruptcy Court for the District of Hawaii to
authorize the sale of assets to Hawaiian Telcom, Inc. for (i)
$500,000 in cash for the "A.2 Assets" and any Incidental Rights
related thereto, plus (ii) $24.5 million in cash less the Cash
Offset Amount, if any, in consideration of all other Purchased
Assets and Incidental Rights, plus (iii) $25 million in financing
less the Financing Offset Amount, plus (iv) the assumption of the
Assumed Liabilities, subject to higher and better offers.

The Buyer submitted the highest and best offer for the Purchased
Assets.  The sale will be free and clear of all claims, liens,
interests and encumbrances, except the Permitted Liens and those
expressly to be assumed by the Buyer.

As a part of the Sale, the Trustee is also asking, among other
things:

     a. The Court's determination of the value of the interest of
the United States of America in the "A.2 Assets," which were
obtained by the Trustee from Sandwich Isles Communications, Inc.
("SIC") in an execution sale in mid-20202;

     b. The Court's approval of the assumption and assignment to
the Buyer, if so designated, of certain unexpired leases and
executory contracts of the Debtor listed on Schedule 1.1(a) to the
APA, with all of the Debtor's remaining executory contracts and
unexpired leases that the Buyer does not desire to have the Trustee
assume and assign to the Buyer, being rejected as of the Closing
Date;

     c. The Court's approval of the assignment to Buyer of certain
Incidental Rights, including the Assigned Rights and Assigned
Permits and assumption of the Assumed Liabilities, but excluding
the Excluded Assets and Excluded Liabilities;

     d. The Court's approval of the Trustee's entry into the
Operational Support and Sales Services Agreement with the Buyer to
facilitate operation of the business and preservation of the
Purchased Assets pending closing of the APA; and

     e. The Court's approval of a break-up fee of $3.7 million
(without reimbursement of the Buyer's legal fees and diligence
costs incurred to date in connection with the negotiation of the
APA), payable to the Buyer in the event that a higher and better
bid is made prior to any hearing on the Sale Motion.

Because of the highly-specialized and capital-intensive nature of
the Debtor's business, the Trustee believes that it is critically
important for a sale of the Purchased Assets to be consummated as
soon as possible in order to maximize the value of the assets of
the Debtor's estate.  The Debtor cannot sustain operating in
chapter 11 for an extended period of time.  The sale process has
taken longer
than expected, and the milestones set forth in its post-petition
loan agreement have passed, and have had to be extended twice.  

The Trustee believes that failure to proceed with the Sale of the
Purchased Assets to the Buyer may result in a net recovery that is
substantially less than the Purchase Price.  Ducera designed a
bidding process to ensure that as many prospective buyers who were
interested in bidding on the Debtor's assets could bid.  The
Trustee is confident that the Purchased Assets are being sold for
the most money possible and to the highest and best bidder under
the circumstances.

In consultation with Ducera, the Trustee does not believe that any
additional time is needed for the sale process to ensure that the
highest and best price possible is paid for the Purchased Assets
although, consistent with his fiduciary duties, he remains open to
any further unsolicited higher and better offers at any hearing on
the Sale Motion subject to Buyer’s ability to match any higher
and better offers.

The Closing of the Sale is made expressly subject to approval of
regulatory authorities, including the Federal Communications
Commission's approval of the transfer of the Paniolo Cable Landing
license to the Buyer.

The Trustee respectfully asks that the Court grant the Sale Motion
and enters the Sale Order.

A copy of the Bidding Procedures is available at
https://tinyurl.com/u2d93yk from PacerMonitor.com free of charge.

The Purchaser:

          HAWAIIAN TELCOM, INC.
          c/o Cincinnati Bell Inc.
          221 E. Fourth Street
          Attn: Mark Fahner
          Facsimile: (513) 721-7358

             - and -

          HAWAIIAN TELCOM, INC.
          c/o Cincinnati Bell Inc.
          221 E. Fourth Street
          Attn: Christopher J. Wilson, Esq., General Counsel
          Facsimile: (513) 721-7358

The Purchaser is represented by:

          Andrew M. Ray, Esq.
          MORGAN, LEWIS & BOCKIUS LLP  
          1111 Pennsylvania Avenue, NW
          Washington, DC 20004
          Facsimile: (202) 373-6001

                  About Paniolo Cable Company

Paniolo Cable Company, LLC, owns a fiber optic network connecting
five major Hawaiian Islands.

Paniolo Cable Company filed a Chapter 11 petition (Bankr. D. Haw.
Case No. 18-01319) on Nov. 13, 2018, and was represented by Andrew
V. Beaman, Esq., in Honolulu, Hawaii.

Michael Katzenstein was appointed as the Chapter 11 Trustee of
Paniolo Cable Company. Ducera Partners LLC is the Trustee's
investment banker.


PAPS CAB: DePalma to Get $300K for $789K Deficiency Claim
---------------------------------------------------------
Paps Cab Corp. and its debtor-affiliates filed with the U.S.
Bankruptcy Court for the Eastern District of New York a Disclosure
Statement for Chapter 11 Plan of Reorganization on October 16,
2020.

Class I shall consists of the original secured claim of creditor
DePalma Acquisition I LLC in the amount of $1,295,000.00. The claim
will be satisfied by the surrender of seven NYC Taxi Medallions.
Class I is impaired under the Plan.

Class II shall consists of the unsecured portion of the claim of
DePalma Acquisition I LLC in the total amount of $789,222.51.
Debtors' principal will pay DePalma Acquisition I LLC a total
amount of $300,000 in one lump sum payment, in full settlement of
the resulting deficiency, and in consideration of the full and
final release of all appurtenant personal guarantees. The payment
will commence on the effective date of the Plan.

The plan will be funded by the contemplated lump sum payment to be
made from the personal funds of corporate principal Vadim
Natenzon.

A full-text copy of the Disclosure Statement dated October 16,
2020, is available at https://tinyurl.com/y5v3l7x5 from
PacerMonitor.com at no charge.

Attorney for Debtors:

     Alla Kachan, Esq.
     Law Offices of Alla Kachan, P.C.
     3099 Coney Island Avenue
     Brooklyn, New York 11235
     Tel: +1 718-513-3145

                        About Paps Cab Corp.

Paps Cab Corp., Vicmarie Hacking, Corp. and Snowstorm Hacking,
Corp. concurrently filed voluntary petitions under Chapter 11 of
the Bankruptcy Code (Bankr. E.D.N.Y. Lead Case No. 19-47238) on
Dec. 2, 2019, listing under $1 million in both assets and
liabilities. Alla Kachan, Esq. at LAW OFFICES OF ALLA KACHAN, P.C.
represents the Debtors as counsel.


PARK SEVEN: Voluntary Chapter 11 Case Summary
---------------------------------------------
Debtor: Park Seven Holdings, LLC
        18444 N. 25th Avenue, Suite 420
        Phoenix, AZ 85023

Chapter 11 Petition Date: December 2, 2020

Court: United States Bankruptcy Court
       District of Arizona

Case No.: 20-13014

Judge: Hon. Brenda K. Martin

Debtor's Counsel: Hilary L. Barnes, Esq.
                  ALLEN BARNES & JONES, PLC
                  1850 N. Central Avenue, Suite 1150
                  Phoenix, AZ 85004
                  Tel: 602-256-6000
                  Email: hbarnes@allenbarneslaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jean Gonzvar, managing member of Jema
Capital, LLC, manager.

The Debtor failed to include in the petition a list of its 20
largest unsecured creditors.

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

https://www.pacermonitor.com/view/OGEQEOQ/PARK_SEVEN_HOLDINGS_LLC__azbke-20-13014__0001.0.pdf?mcid=tGE4TAMA


PINKLEY FARMS: Geels Buying Springdale Property for $350K
---------------------------------------------------------
Pinkley Farms, Inc., asks U.S. Bankruptcy Court for the Western
District of Arkansas to authorize the sale of the real property
located at 3194 Pinkley Road, Springdale, Arkansas, Assessor's
Parcel Number 21-00167-565, to Steve Geels and Linda Geels for
$350,000.

The Real Estate is subject to encumbrances as follows: Judgment
lien and decree of foreclosure of a consensual mortgage given by
Debtor to First Security Bank, all addressed in Benton County,
Arkansas Circuit Court case 04CV-20-1608 with an approximate
judgment
amount of $173,909.

Pursuant to the Real Estate Contract, the sale of the Real Estate
is free and clear of all mortgages, liens, claims and interests of
any kind, but the lien of First Security Bank will attach to the
proceeds of the sale to the extent of its claim on the date of
closing.  The Debtor's counsel holds a cashier's check drawn on
Arvest Bank in the amount of the non-refundable deposit as stated
in the Real Estate Contract.

A copy of the Contract is available at https://tinyurl.com/y3u4x847
from PacerMonitor.com free of charge.

                      About Pinkley Farms

Pinkley Farms, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ark. Case No. 20-72281) on Nov. 5, 2020.
The petition was signed by Terry Pinkley, the company's president.

At the time of the filing, Debtor had estimated assets of less than
$50,000 and liabilities of the same range.

Judge Ben T. Barry oversees the case.  Bond Law Office is Debtor's
legal counsel.


PINNACLE GROUP: To Present Plan for Confirmation on Jan. 12, 2021
-----------------------------------------------------------------
Debtors Pinnacle Group, LLC, Paradigm Gateway International, Inc.
and Partes Mundo, SA, Inc., won approval of the disclosure
statement explaining their Chapter 11 Plan.

The Court ruled that the Disclosure Statement contains "adequate
information" and set a Jan. 12, 2021, at 1:30 p.m., hearing to
consider confirmation of the Plan and approval of fee
applications.

Objections to confirmation of the Plan and ballots accepting or
rejecting the Plan are due Dec. 29, 2020.

A copy of the order is available at:

https://www.pacermonitor.com/view/PS6N4GI/Pinnacle_Group_LLC__flsbke-19-13519__0207.0.pdf?mcid=tGE4TAMA

The Debtors are represented by:

          RAPPAPORT OSBORNE & RAPPAPORT, PLLC
          Jordan L. Rappaport, Esq.
          1300 North Federal Highway
          Squires Building, Suite 203
          Boca Raton, Florida 33432
          Telephone (561)368-2200

                       About Pinnacle Group

Based in Sunrise, Fla., Pinnacle Group and its subsidiaries are
wholesalers of motor vehicle parts and accessories.  Pinnacle Group
and its subsidiaries sought Chapter 11 protection (Bankr. S.D. Fla.
Lead Case No. 19-13519) on March 19, 2019.  In its petition,
Pinnacle Group estimated assets of $500,000 to $1 million and
liabilities of $1 million to $10 million.  Judge John K. Olson
oversees the case.  Jordan L. Rappaport, Esq., at Rappaport Osborne
& Rappaport, PLLC, is the Debtor's bankruptcy counsel.


PINNACLE GROUP: Unsecured Creditors to Split $90K Under Plan
------------------------------------------------------------
Debtors Pinnacle Group, LLC, Paradigm Gateway International, Inc.
and Partes Mundo, SA, Inc. filed the Amended Disclosure Statement
and Chapter 11 Plan on October 16, 2020.

The Covid-19 pandemic has had a direct effect upon Debtor's
business model and sales. The manner in which Debtor places
inventory orders is normally months prior to actual receipt of such
inventory. Thus, Debtor was unable to pivot as quickly as the U.S.
economy shut down. Comparatively, sales for April through August
2020 were $379,309.47 less than during the same time period in
2019.

However, Debtor has been working hard at reducing the cost of the
inventory and the total costs of the sales. The net income for that
same time period, April through August, compared to 2019 only
decreased $38,425.47. Combined with a better than average January
and February, 2020, the net income year to date for 2020 is
$349,369.64. This net income has been augmented by strict
reductions in salaries, commissions and multiple other expenses in
light of the shutdown of the economy in March and April 2020 and
the continued decrease in business openings.

Most importantly, it is impossible to predict the effect that
Covid-19 will have going forward. The decrease of commuters to and
from work by automobile creates less demand for the auto parts that
Debtor sells. Even a small additional shutdown of the economy would
have vast effects upon the Debtor. The projected Plan payments
allow for such payments without limiting the Debtor's ability to
increase/decrease inventory orders sufficient to allow it to adjust
on the fly due to Covid-19.

Class 6 holders of general unsecured claims against Pinnacle, Class
7 holders of general unsecured claims against Paradigm, and Class 8
holders of general unsecured claims against Partes will split
$90,000.00 as a quarterly pro rata distribution. The first payment
shall be 90 days after the Effective Date, and on the 30th of each
month for a total of 12 consecutive payments.

A full-text copy of the Amended Disclosure Statement dated October
16, 2020, is available at https://tinyurl.com/y3hokwtb from
PacerMonitor at no charge.

The Debtors are represented by:

          RAPPAPORT OSBORNE & RAPPAPORT, PLLC
          Jordan L. Rappaport, Esq.
          1300 North Federal Highway
          Squires Building, Suite 203
          Boca Raton, Florida 33432
          Telephone (561)368-2200

                       About Pinnacle Group

Based in Sunrise, Fla., Pinnacle Group and its subsidiaries are
wholesalers of motor vehicle parts and accessories.  Pinnacle Group
and its subsidiaries sought Chapter 11 protection (Bankr. S.D. Fla.
Lead Case No. 19-13519) on March 19, 2019.  In its petition,
Pinnacle Group estimated assets of $500,000 to $1 million and
liabilities of $1 million to $10 million.  Judge John K. Olson
oversees the case.  Jordan L. Rappaport, Esq., at Rappaport Osborne
& Rappaport, PLLC, is the Debtor's bankruptcy counsel.


PLUM CIRCLE: SN Capital Offers Trustee to Buy All Assets
--------------------------------------------------------
Steven Oscher, Chapter 11 trustee for the bankruptcy estate of Plum
Circle Community Trust, asks the U.S. Bankruptcy Court for the
Middle District of Florida to authorize the bidding and sale
procedures relating to the sale of substantially all of the
Debtor's assets free and clear of all liens, claims, and
encumbrances to SN Capital, LLC, subject to overbid.

In exchange, the Purchaser has agreed to credit bid for the Jasmine
Motor Home Park, 1261 Plum Circle, Chipley, Florida, its secured
claim, with Affordable Housing Investments, LLC waiving its secured
claim on the Property, Affordable to pay the outstanding property
taxes and administrative expense claims in full at closing, and the
post-petition obligations deemed satisfied.

The Trustee operates the Property on behalf of the Debtor.

SN filed its Proof of Claim in the amount of $605,054 on June 1,
2020 (Claim 2).  The basis of its Claim 2 is a promissory note and
mortgage executed and delivered by the Debtor to One Star Florida
Partners, LP, a Florida partnership, on Feb. 28, 2018.  One Star
assigned the SN Note and SN Mortgage to the Purchaser on Nov. 1,
2019.  Pursuant to the SN Mortgage, SN has a first lien on the
Property.  The Debtor is in default of its obligations under the SN
Note and SN Mortgage.

Creditor, Affordable, filed its Proof of Claim in the amount of
$398,020 on June 1, 2020 (Claim 1).  The basis of Affordable's
Claim 1 is a promissory note and mortgage executed and delivered by
the Debtor to Affordable on Oct. 3, 2018.  Pursuant to the
Affordable Mortgage, Affordable has a second lien on the Property.
The Debtor is in default of its obligations under the Affordable
Note and Affordable Mortgage.

At the time of the Trustee's appointment, the Property was in poor
condition, requiring significant maintenance and rehabilitation.
To fund these efforts, he moved for, and the Court granted,
authority to obtain post-petition financing, which he obtained from
the Purchaser in the amount of $25,000.  The Purchaser obtained a
first lien on the Property as part of the post-petition financing
arrangement.

It is apparent that rental income from the Property's tenants will
not generate funds sufficient to pay for cleanup activities,
past-due bills, or other administrative expense claims.  The
Trustee has determined that it is in the best interest of the
Debtor, the creditors, and the Debtor's estate to sell the
Property.  

As of the date of the Motion, only the Internal Revenue Service and
unsecured creditor Joshua J. Craven have filed proofs of claim for
$4,500 and $265,000, respectively (Claims 3 and 4).  The Debtor
objected to Claim 4 of Mr. Craven, but the objection has been
abated.  The Court set a deadline of Dec. 28, 2020, for the filing
of claims in the case.

Pursuant to a separate motion to compromise controversy between the
Trustee, SN and Affordable, the Purchaser has agreed to credit bid
for the Property its secured claim, with Affordable waiving its
secured claim on the Property, Affordable to pay the outstanding
property taxes and administrative expense claims in full at
closing, and the post-petition obligations deemed satisfied.

The Trustee asks the Court to schedule a hearing to consider entry
of an order approving the bidding procedures and approving the form
and manner of notice with respect thereto.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: No later than 5 p.m. (EST) on the day that is
five business days prior to the date of the Sale Hearing

     b. Initial Bid: Not less than $1.2 million in cash

     c. Deposit: Equal to the greater of (i) 10% of the aggregate
dollar amount of the Bid(s), or (ii) $120,000, which will be made
payable to and delivered to Trenam, the counsel to the Trustee, by
no later than the Sale Hearing (or such later date agreed to by the
Trustee)

     d. Auction: The Auction to consider any Qualified Bids for the
Assets will be held at the Tampa office of Trenam, 101 East Kennedy
Blvd., Suite 2700, Tampa, Florida 33602, at 10 a.m. (EST) on the
date that is one business day immediately preceding the date of the
Sale Hearing.  

     e. Bid Increments: $10,000

The Trustee proposes to send the Bid Procedures Order to: (a) all
creditors and parties listed on the Local Rule 1007-2 Parties in
Interest List; (b) all applicable taxing authorities; (c) all
parties which, to the knowledge of the Trustee, have liens on or
have asserted liens or other interests in the Assets; and (d) any
party that has previously expressed an interest in acquiring the
Assets.  He asks Court approval of the form and manner of notice as
being adequate and sufficient notice of the Bid Procedures and the
deadline for filing Objections to the Sale Motion, and the
assumption and/or assignment of the Contracts.

The Trustee asks approval for a sale of the Assets to SN, and to
establish bidding procedures and an auction process in order to
test the value of the Assets.  SN has a lien on the Debtor's Assets
and will credit bid the amount of its claim to act as a stalking
horse bidder.  No other potential buyers have expressed interest in
the subject assets, and, due to the circumstances of the case and
the nature of the assets, the Trustee proposes to give limited
notice of the proposed sale to a small market.  The proposed sale
is the result of an arms'-length negotiation with the Purchaser.
In consideration of the impaired marketability of the assets and
the need to move quickly to prevent further devaluation of the
assets and to preserve the bankruptcy estate, the Trustee proposes
a 30-day sale process.

                 About Plum Circle Community Trust

Plum Circle Community Trust sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla. Case No. 20-04249) on May 31,
2020.  At the time of the filing, the Debtor had estimated assets
of between $1 million and $10 million and liabilities of between
$500,001 and $1 million.  Judge Catherine Peek McEwen oversees the
case.  

Dion R. Hancock, P.A. is Debtor's legal counsel.

Steven S. Oscher was appointed as Chapter 11 trustee for Debtor's
bankruptcy estate on Aug. 19, 2020.  Trenam, Kemker, Scharf,
Barkin, Frye, O'Neill & Mullis, P.A. and Oscher Consulting, P.A.
serve as the trustee's legal counsel and accountant,respectively.


PMF PROPERTIES: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: PMF Properties LLC
        491 Williamstown Road
        Sicklerville, NJ 08081

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

Chapter 11 Petition Date: December 3, 2020

Court: United States Bankruptcy Court
       District of New Jersey

Case No.: 20-23244

Debtor's Counsel: Dino S. Mantzas, Esq.
                  DINO S. MANTZAS, ESQUIRE
                  701 Route 73 N. Suite 1
                  Marlton, NJ 08053
                  Tel: (856) 980-033
                  Fax: (856) 988-9799
                  Email: dino@dmantzaslaw.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Pasa Ozturk, sole member.

The Debtor failed to include in the petition a list of its 20
largest unsecured creditors.

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

https://www.pacermonitor.com/view/XYP3GBI/PMF_Properties_LLC__njbke-20-23244__0001.0.pdf?mcid=tGE4TAMA


PURDUE PHARMA: Requests More Time in Filing Chapter 11 Plan
-----------------------------------------------------------
Leslie A. Pappas of Bloomberg Law reports that Purdue Pharma LP
says it needs more time to resolve issues surrounding litigation
against the company's billionaire owners before it can file its
Chapter 11 plan.

The company needs time to mediate potential claims or causes of
action against the Sackler family and related parties, and to
figure out how to structure and govern the reorganized company
after the Sacklers turn over ownership, according to a motion filed
Tuesday, December 1, 2020, with the U.S. Bankruptcy court for the
Southern District of New York.

Purdue asked to extend its deadline to file its reorganization plan
from Dec. 10, 2020 to Feb. 15, 2021.

                     About Purdue Pharma LP

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.


RENTPATH HOLDING: Why FTC Is Trying to Block CoStar Acquisition
---------------------------------------------------------------
Rebecca Baird-Remba of the Commercial Observer reports that the
Federal Trade Commission filed an administrative complaint and
kicked off a federal lawsuit on Monday to block CoStar Group's
proposed $600 million acquisition of RentPath, which operates
Rent.com and several other online rental listing platforms.

CoStar already owns a slew of apartment listing sites, including
Apartments.com, ApartmentFinder.com, ForRent.com,
ApartmentHomeLiving.com, Westside Rentals, AFTER55.com,
CorporateHousing.com, ForRentUniversity.com and Apartamentos.com.
The D.C.-based company also acquired hotel data giant STR last year
in a $450 million all-cash deal. It has owned LoopNet since 2011,
when it acquired the commercial listing platform for $860 million.

RentPath, meanwhile, lists about 28,000 properties on its network
of sites, which include ApartmentGuide.com and Rentals.com. The
Atlanta-based company brought in an estimated $227 million in
revenue last 2019, according to CoStar's February 2020 announcement
of the sale.

The FTC complaint, which is not public yet, alleges that CoStar's
$588 million acquisition of RentPath would "significantly increase
concentration in the already highly concentrated markets for
internet listing services advertising for large apartment
complexes" across 49 major U.S. cities, the agency said in a press
release November 30, 2020.

The government alleges that 70 percent of apartment complexes with
200 or more units and 40 percent of buildings with 100 to 199 units
advertise on internet listing services operated by CoStar or
RentPath. CoStar and RentPath have been each other's closest rivals
for years, the complaint argues, and the acquisition will only
serve to consolidate their control over the rental listing market
in most major U.S. cities.

The FTC voted 4 to 1 this week to issue the complaint and authorize
its staff to seek a preliminary injunction.

"Renters have come to depend on the convenience of online search
sites to find available apartments that meet their needs and
budget," Daniel Francis, deputy director of the FTC's Bureau of
Competition, said in a statement. "CoStar and RentPath operate
several of the most popular sites, and their aggressive,
head-to-head competition has kept advertising rates low while
offering consumers a convenient, data-rich tool for finding an
apartment. This acquisition will eliminate price and quality
competition that benefits both renters and property managers."

RentPath entered Chapter 11 bankruptcy in February, and CoStar
announced its plans to acquire the rental platform operator in an
all-cash sale the same day. Then, a federal bankruptcy court judge
in Delaware signed off on RentPath's sale and Chapter 11 plan in
June 2020, leaving FTC review as the final hurdle to the deal.

TPG Capital acquired RentPath from KKR & Co. for $525 million in
2011. Providence Equity Partners then bought a 50 percent stake in
RentPath in 2014.

                         About RentPath

RentPath is a digital marketing solutions company that empowers
millions nationwide to find apartments and houses for rent.

RentPath Holdings, Inc., and 11 affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 20-10312) on Feb. 12,
2020.

RentPath Holdings was estimated to have $100 million to $500
million in assets and $500 million to $1 billion in liabilities as
of the bankruptcy filing.

Weil, Gotshal & Manges LLP and Richards Layton & Finger are serving
as legal counsel, Moelis & Company LLC is serving as a financial
advisor, and Berkeley Research Group, LLC is serving as
restructuring advisor to RentPath. Prime Clerk LLC is the claims
agent.


REVLON INC: Perelman Buys Loans at Loss After Debt Swap
-------------------------------------------------------
Claire Boston and Katherine Doherty of Bloomberg News reports that
billionaire Ronald Perelman's holding company sold Revlon Inc.
loans at a loss just weeks after participating in a debt swap that
helped the cosmetics company stave off bankruptcy.

Perelman's MacAndrews & Forbes sold all of its holdings of Revlon's
asset-backed term loan and second-lien term loan in transactions on
Tuesday, December 1, 2020, according to a regulatory filing. The
firm unloaded $11.5 million of asset-backed loan principal for
$10.2 million, and $17.3 million of second-lien loans for $8.1
million, the filing shows.

Last month, MacAndrews & Forbes paid around $42 million for
securities it turned into the swap.

                        About Revlon Inc.

Headquartered in New York, New York, Revlon, Inc. conducts its
business exclusively through its direct wholly-owned operating
subsidiary, Revlon Consumer Products Corporation and its
subsidiaries. Revlon is an indirect majority-owned subsidiary of
MacAndrews & Forbes Incorporated, a corporation beneficially owned
by Ronald O. Perelman. Mr. Perelman is Chairman of Revlon's and
Products Corporation's Board of Directors.

                           *    *    *

In July 2020, S&P Global Ratings lowered issuer credit rating on
Revlon Inc. to 'CC' from 'CCC-'. Concurrently, S&P lowered its
issue-level rating on the company's $880 million Brandco first lien
term loan to 'CCC-' from 'CCC' and maintain '2' recovery rating. In
addition, S&P lowered its issue-level rating on the remaining
tranches of secured debt to 'C' from 'CC' and maintained '5'
recovery rating. Lastly, S&P affirmed its 'C' issue-level rating on
the company's two tranches of unsecured notes, the '6' recovery
ratings remain unchanged.

The negative outlook reflects S&P's expectation that it will lower
its issuer credit rating on Revlon to 'SD' (selective default) and
its issue-level rating on its February 2021 notes to 'D' after the
transaction closes.

The downgrade follows Revlon's announcement that it commenced an
offer to exchange any and all of its outstanding amounts of 5.75%
notes due February 2021 for a combination of new 5.75% notes due
February 2024 and an early tender/consent fee. The existing
noteholders will receive $750 principal amount of new notes for
every $1,000 of existing notes tender and $50 of cash as an early
tender/consent fee.  Holders who tender their existing notes after
the early tender deadline (Aug. 7, 2020) will receive only $750
principal amount of new notes for every $1,000 principal amount of
existing notes tendered.


ROBERT A. RYALS: $10K Sale of Interest in Clay County Property OK'd
-------------------------------------------------------------------
Judge James J. Robinson of the U.S. Bankruptcy Court for the
Northern District of Alabama authorized Robert A. Ryals' private
sale of his one-third interest in the property located at in Clay
County, Alabama, as described in Exhibit A, to Gerald McGill for
$10,000.

The proposed sale of the Property free and clear of the following
liens, mortgages, claims or other interests: the judgment lien of
Jeffrey H. Garrison and Jennifer Garrison obtained the Circuit
Court of Randolph County in case number CV2009-900049 on Feb. 2,
2014 in the amount of $202,800 plus $879, is denied as it was
represented to the Court that all claims upon the real estate will
be satisfied from the sale proceeds by agreement.

The Debtor and any closing agent are authorized to pay for title
insurance, pro-rated ad valorem tax and any other closing costs.

The 14-day stay imposed by Rule 6004(h) of the Federal Rules of
Bankruptcy Procedure is waived with respect to the Order and it
will be effective immediately upon entry.

The closing attorney and/or agent is authorized at closing to pay
the net proceeds to the extent available in the order of priority
directly from closing as follows:

     a. First to Jeffery H. Garrison and Jennifer Garrison, the
holders of a judgment against the Debtor, the amount necessary to
satisfy their judgment lien at closing, if any, up to $10,000; and


     b. Second to the Debtor to the extent funds remain.

A copy of the Exhibit A is available at
https://tinyurl.com/y2sudqun from PacerMonitor.com free of charge.

Robert A. Ryals sought Chapter 11 protection (Bankr. N.D. Ala. Case
No. 19-41509) on Sept. 8, 2019.  The Debtor tapped Harry P. Long,
Esq., at The Law Office of Harry P. Long, LLC as counsel.



ROBERT A. RYALS: $175K Sale of Ashland Property to Lowery Approved
------------------------------------------------------------------
Judge James J. Robinson of the U.S. Bankruptcy Court for the
Northern District of Alabama authorized Robert A. Ryals' private
sale of the real property located at 387 Ryals Road, Ashland,
Alabama, as described on Exhibit A, to Donald Bruce Lowery for
$175,000

The proposed sale of the Property free and clear of the following
liens, mortgages, claims or other interests: the judgment lien of
Jeffrey H. Garrison and Jennifer Garrison obtained the Circuit
Court of Randolph County in case number CV2009-900049 on Feb. 2,
2014 in the amount of $202,800 plus $879, is denied as it was
represented to the Court that all claims upon the real estate will
be satisfied from the sale proceeds by agreement.

The Debtor and any closing agent are authorized to pay for title
insurance, pro-rated ad valorem tax and any other closing costs.

The 14-day stay imposed by Rule 6004(h) of the Federal Rules of
Bankruptcy Procedure is waived with respect to the Order and it
will be effective immediately upon entry.

The closing attorney and/or agent is authorized at closing to pay
the net proceeds to the extent available in the order of priority
directly from closing as follows:

     a. First to Jeffery H. Garrison and Jennifer Garrison, the
holders of a judgment against the Debtor, the amount necessary to
satisfy their judgment lien at closing, if any, up to $215,000; and


     b. Second to the Debtors wife to the extent funds remain.

A copy of the Exhibit A is available at
https://tinyurl.com/y2sudqun from PacerMonitor.com free of charge.

Robert A. Ryals sought Chapter 11 protection (Bankr. N.D. Ala. Case
No. 19-41509) on Sept. 8, 2019.  The Debtor tapped Harry P. Long,
Esq., at The Law Office of Harry P. Long, LLC as counsel.



ROBERT D. SPARKS: Sprys Buying Lubbock Property for $610K
---------------------------------------------------------
Robert Dial Sparks asks the U.S. Bankruptcy Court for the Northern
District of Texas to authorize the sale of the real property
located at 6807 79th Street, Lubbock, Lubbock County, Texas to
Michael J. Sprys and Eileen M. Sprys for $610,000, cash, less
closing costs, free and clear of liens.

Mr. Sparks is a resident of Lubbock, Lubbock County, Texas.  He
lives at the 79th Street Property.

The 79th Street Property owned and claimed by Mr. Sparks as his
homestead is more particularly described as follows, to wit: Lot
104, Papalote South, an Addition to the City of Lubbock, Lubbock
County, Texas.  

In his Schedules, Mr. Sparks has valued the 79th Street Property as
being worth $625,000.  Wells Fargo Bank, N.A. is believed to hold
(by assignment) a valid and perfected Deed of Trust lien on the
79th Street Property securing its claim in the amount of $235,139
(Claim #3).  

A previously noticed sale of the 79th Street Property for $625,000
fell through.  However, a second offer to purchase the 79th Street
Property has been made, and Mr. Sparks has entered into a Contract
which provides for him to sell the property to the Buyers for
$610,000 cash on closing less the cost of an owners policy of title
insurance, the customer and usual closing costs, and 1.5%
commission to Wyatt Realty (the Listing Agent) and a 3% to Century
21 John Walton Realtors (the Selling Agent).   

The proposed sale is subject to third-party financing.  The
Contract calls for the closing of the sale to be by Feb. 12, 2021
through the offices of Lubbock Abstract and Title, 4505 82nd
Street, Suite 1, Lubbock, Texas.  The Buyers are depositing $5,000
earnest money with Lubbock Abstract and Title.  Mr. Sparks proposes
to deposit the net proceeds of the sale in his separate DIP account
and into which the previous sales of property have been deposited,
said proceeds to be disbursed after Motion and Order by the Court.

After notice and hearing, Mr. Sparks prays that the Second Motion
to Sell be granted and that the Court issues an Order granting the
proposed sale according to the terms and conditions set forth and
grants such other and further relief to which he may show himself
justly entitled.  

A hearing on the Motion is set for Dec. 16, 2020 at 1:30 p.m.
Objections, if any, must be filed within 21 days from the date of
service.

Robert Dial Sparks sought Chapter 11 protection (Bankr. N.D. Tex.
Case No. 20-50079) on May 1, 2020.  The Debtor tapped Byrn R. Bass,
Jr., Esq., as counsel.



RUBIO'S RESTAURANTS: Creditors to Take Huge Losses in Plan
----------------------------------------------------------
The San Diego Union-Tribune reports that Rubio's Restaurant and its
lender have reached an agreement to repay unsecured creditors,
although it will be a fraction of the money owed them.

A bankruptcy court judge in Delaware in two weeks will be asked to
approve a reorganization plan by Rubio's, which expects to emerge
from bankruptcy by the end of the year.

According to the report, under the settlement, creditors, who
currently number in the hundreds, would collectively recover as
much as $1 million. That represents "a 10-cent recovery, a little
less, a little more," said Gregg Galardi, one of the attorneys
representing Rubio's. The agreement with the formal committee
representing creditors calls for $650,000 to be put aside for
repayments, plus, up to $350,000 in savings in professional fees
that the company realizes.

"This was important for the company to get through the case, which
is still contingent on lease negotiations," Galardi told U.S.
Bankruptcy Court Judge Margaret Walrath. “It was a busy
Thanksgiving, but it was resolved yesterday."

In late October, the 37-year-old, privately held Rubio's, known for
bringing the Baja California-style fish taco to San Diego, filed
paperwork with the Bankruptcy Court for the District of Delaware to
get out from under more than $100 million in liabilities. It
already has closed a number of stores as it faced mounting debts
and difficulty paying rent.

As the coronavirus pandemic worsened, Rubio's opted to not reopen
26 of its locations across California, Arizona, Colorado and
Florida because of "unsustainable operating losses and/or other
significant challenges" the company's chief restructuring officer,
Melissa Kibler, said in court papers.

In a move to keep the Carlsbad-based company afloat during the
bankruptcy period, it secured an $8 million loan from its lender,
Golub Capital Markets.

The settlement, though, was preceded by fairly harsh words from the
committee representing the creditors.  In a November court filing
objecting to Rubio's bankruptcy financing plan, the committee
claimed that in the months leading up to the Chapter 11 filing,
Golub and owner Mill Street Capital, took steps to "effectively
loot the Debtors' previously unencumbered assets, leaving nothing
at all for unsecured creditors."

Golub responded in a court filing that its $8 million bankruptcy
financing package will allow the company to continue paying 3,400
employees, dozens of vendors and "critical" vendors as the Rubio's
restaurants remain open.

It also defended the plan as one that would clear the way for a
“quick and efficient exit from bankruptcy — a goal that has
become particularly important in light of the increasing severity
of the COVID-19 pandemic."

Creditors cut across a broad swath of companies, from landlords
like the Irvine Co. and utilities like San Diego Gas & Electric to
numerous vendors, including Pepsi and Coca Cola and seafood
purveyors.

                    About Rubio's Restaurants

Rubio's Restaurants, Inc. and its debtor affiliates are operators
and franchisors of limited service restaurants in California,
Arizona, and Nevada under the Rubio's Coastal Grill concept.
Started in 1983 by co-founder Ralph Rubio, Rubio's currently
operates 170 restaurants -- 167 are company-owned stores and three
are franchise locations.  The firm went public in 1999 but returned
to private ownership through a $91-million sale to
Connecticut-based investment firm Mill Road Capital in 2010.  On
the Web: http://www.rubios.com/

Rubio's Restaurants, Inc. and its debtor affiliates filed
concurrently filed voluntary petitions for relief under Chapter 11
of the Bankruptcy Code (Bankr. D. Del. Lead Case No. 20-12688) on
Oct. 26, 2020.  The petitions were signed by CRO Melissa Kibler.
At the time of the filing, the Debtors were estimated to have $50
million to $100 million in assets and $100 million to $500 million
in liabilities.

Judge Mary F. Walrath oversees the cases.

The Debtors tapped Ropes & Gray LLP as counsel, Young Conaway
Stargatt & Taylor, LLP as Delaware counsel, Mackinac Partners LLC
as restructuring advisor, Gower Advisers as investment banker, and
B. Riley Financial, Inc. as real estate advisor. Stretto is the
claims, noticing, solicitation and balloting agent.


RUNAMUK RIDES: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Runamuk Rides, LLC
        13699 W Thannum Fire Ln
        Hayward, WI 54843-6349

Business Description: Runamuk Rides, LLC --
                      https://www.runamukrides.com -- offers
                      guided and unguided excursions that are a
                      perfect activity to augment family vacation,
                      couples-get-away retreat, family reunions or
                      corporate events.

Chapter 11 Petition Date: December 2, 2020

Court: United States Bankruptcy Court
       Western District of Wisconsin

Case No.: 20-12960

Judge: Hon. Catherine J. Furay

Debtor's Counsel: Evan M. Swenson, Esq.
                  SWENSON LAW GROUP, LLC
                  118 E. Grand Avenue
                  Eau Claire, WI 54701
                  Tel: 715-835-7779
                  Email: evan@swensonlawgroup.com

Total Assets: $400,779

Total Liabilities: $1,640,326

The petition was signed by James Taylor, authorized signatory.

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://www.pacermonitor.com/view/HL7K5ZQ/Runamuk_Rides_LLC__wiwbke-20-12960__0001.0.pdf?mcid=tGE4TAMA


RWDY INC: Dec. 16 Hearing on Disclosure Statement
-------------------------------------------------
Judge John S. Hodge has entered an order that the hearing to
consider the approval of the disclosure statement of RWDY, Inc.
shall be held at 300 Fannin Street, 4th Floor, Courtroom Four,
Shreveport, Louisiana on December 16 at 10:00 a.m.

Dec. 9, 2020 is fixed as the last day for filing and serving
written objections to the disclosure statement.

                           About RWDY Inc.

RWDY, Inc. -- http://www.rwdyinc.com/-- is an internationally
recognized provider of oil field consultants.  RWDY Inc. filed its
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. La. Case No. 20-10616) on June 23, 2020.  In the
petition signed by Brian T. Owen, president, the Debtor was
estimated to have up to $50,000 in assets and $10 million to $50
million in liabilities.  Robert W. Raley, Esq., represents the
Debtor.


RWDY INC: Unsecured Creditors to Get $10K Per Month Over 5 Years
----------------------------------------------------------------
RWDY, Inc., filed with the U.S. Bankruptcy Court for the Western
District of Louisiana, Shreveport Division, a Disclosure Statement
in support of Plan of Reorganization on October 20, 2020.

Class 8 shall consist of all other Allowed Claims against the
Debtor not placed in any other class. Creditors holding Allowed
Class 8 General Unsecured Claims shall be paid 100% of their
Allowed Class 8 Claims by the RWDY Distribution Trust pursuant to
the terms of the Plan, the Confirmation Order and the RWDY
Distribution Trust Agreement. Each holder of an allowed Class 8
claim shall receive its pro rata share of an aggregate monthly
distribution of $10,000.00 over a projected term of 60 months or
until all allowed Class 8 non-priority unsecured claims are paid in
full. The Class 8 General Unsecured Claims are Impaired under the
Plan.

Class 9 shall consist of the sole Equity Interest Holder, Brian T.
Owen, who holds 100% of the issued and outstanding stock in Debtor.
The Class 9 Equity Interest Holder will transfer 100% of the issued
and outstanding stock in Debtor to the Debtor. In consideration of
the contribution of the Class 5 and/or Class 6 Claims by the
Holders thereof as an infusion of capital and in further
consideration thereof, the Reorganized Debtor shall issue 60% of
the Reorganized Debtor's common stock to Brian T. Owen. Brian T.
Owen will receive nothing additional under the Plan. The Class 9
Equity Interest Holder's vote will not count towards votes
tabulated for purposes of any possible cramdown under Section
1129(b). The New Equity Owners shall be the owners of the stock in
the Reorganized Debtor.

The Reorganized Debtor shall continue to operate its business
following the Effective Date. The Reorganized Debtor shall only be
required to dedicate sufficient revenues to fund Debtor Disbursed
Payments, the payment of its bankruptcy attorneys and other
professionals, timely payment of United States Trustee quarterly
fees incurred pursuant to 28 U.S.C. 1930(a)(6) and the Monthly
Distribution Amount Transfers, plus an additional 2.5% of that
amount, to The RWDY Distribution Trust.

The Reorganized Debtor shall continue to exist after the Effective
Date in accordance with the applicable laws of the State of Texas,
in which it was formed, for the purposes of operating its business
and satisfying its obligations under the Plan. The Reorganized
Debtor shall be owned by the Equity Interest Holders.

The Plan will be funded through two primary sources. The Plan will
initially be funded by cash on hand at confirmation, which cash
will be used towards Administrative Claims, Professional Claims and
Priority Claims. Since the cash needed to pay these Claims will be
on deposit with the Debtor in order for the Plan to become
effective, there is little risk of these payments not being made in
full.

A full-text copy of the Disclosure Statement dated October 20,
2020, is available at https://tinyurl.com/y6mx6mlr from
PacerMonitor at no charge.

Attorneys for the Debtor:

         Robert W. Raley
         290 Benton Spur Road
         Bossier City, LA 71111
         Telephone: 318-747-2230
         E-mail: bankruptcy@robertraleylaw.com

              - and -

         AYRES, SHELTON, WILLIAMS, BENSON & PAINE, LLC
         Curtis R. Shelton
         La. Bar Roll No. 17137
         Suite 1400, Regions Tower
         3333 Texas Street (71101)
         P.O. Box 1764
         Shreveport, LA 71166-1764
         Telephone: (318) 227-3500
         Facsimile: (318) 227-3806
         E-mail: curtisshelton@awsw-law.com

                          About RWDY Inc.

RWDY, Inc. -- http://www.rwdyinc.com/-- is an internationally
recognized provider of oil field consultants.  RWDY Inc. filed its
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. La. Case No. 20-10616) on June 23, 2020.  In the
petition signed by Brian T. Owen, president, the Debtor was
estimated to have up to $50,000 in assets and $10 million to $50
million in liabilities.  Robert W. Raley, Esq., represents the
Debtor.


S-TEK 1 LLC: Case Summary & 7 Unsecured Creditors
-------------------------------------------------
Debtor: S-Tek 1, LLC
        3505 Constitution Dr NE
        Albuquerque, NM 87106

Business Description: S-Tek 1, LLC aka SurvTek --
                      https://www.survtek.com -- is a land
                      surveying and consulting firm providing
                      professional surveying services to both the
                      private and public sectors throughout New
                      Mexico.

Chapter 11 Petition Date: December 2, 2020

Court: United States Bankruptcy Court
       District of New Mexico

Case No.: 20-12241

Judge: Hon. Robert H. Jacobvitz

Debtor's Counsel: Nephi Hardman, Esq.
                  NEPHI D. HARDMAN ATTORNEY AT LAW, LLC
                  9400 Holly Ave NE Bldg 4
                  Albuquerque, NM 87122
                  Tel: (505) 944-2494
                  Email: nephi@turnaroundbk.com

Total Assets: $355,177

Total Liabilities: $2,251,153

The petition was signed by Randy Asselin, managing member.

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

https://www.pacermonitor.com/view/IDW67NA/LLC_1_S-Tek__nmbke-20-12241__0001.0.pdf?mcid=tGE4TAMA


SANDRIDGE ENERGY: Icahn Steps In After Company Loses Bank Credit
----------------------------------------------------------------
Simon Casey of Bloomberg News reports that billionaire investor
Carl Icahn agreed to provide $30 million of loans to SandRidge
Energy Inc. after lenders withdrew a previous credit facility
extended to the U.S. shale gas producer.

Affiliates of Icahn agreed to a $10 million revolving loan facility
and a $20 million term loan facility, Oklahoma City-based SandRidge
said in a filing Tuesday, December 1, 2020. That replaces a
facility provided by a lending syndicate led by Royal Bank of
Canada, which was terminated Nov. 30. ahead of its scheduled
maturity in April 2021.

Access to credit has become increasingly fraught for many U.S. oil
and gas producers this 2020.

                       About Sandridge Energy

SandRidge Energy, Inc., is an oil and natural gas exploration and
production company headquartered in Oklahoma City, Oklahoma, with
its principal focus on developing high-return, growth-oriented
projects in the U.S. Mid-Continent and Niobrara Shale.






SPEEDCAST INT'L: Court Approves the $12 Million Executive Bonuses
-----------------------------------------------------------------
Steven Church of Bloomberg News reports that six top executives of
SpeedCast International may split as much as $12.2 million in
bonuses as an incentive to help reorganize the bankrupt satellite
services company, a judge ruled Wednesday, December 2, 2020.

U.S. Bankruptcy Judge Marvin Isgur approved the bonus program after
SpeedCast agreed to remove one of the three main tests that the
company must meet before the executives can get paid.

Isgur required the company to tie the bonuses mainly to cash-flow
targets, not a projection of EBITDA, which is earnings before
interest, taxes and depreciation.

                    About SpeedCast International

Headquartered in New South Wales, Australia, SpeedCast
International Limited and its affiliates provide remote and
offshore satellite communications and information technology
services. SpeedCast's fully-managed service is delivered to more
than 2,000 customers in 140 countries via a global, multi-access
technology, multi-band, and multi-orbit network of more than 80
satellites and an interconnecting global terrestrial network,
bolstered by on-the-ground local upport from more than 40
countries. Speedcast services customers in sectors such as
commercial maritime, cruise, energy, mining, government, NGOs,
enterprise, and media.

SpeedCast International and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Lead Case No.
20-32243) on April 23, 2020.  At the time of the filing, the
Debtors each had estimated assets of between $500 million and $1
billion and liabilities of the same range.

Judge David R. Jones oversees the cases.

Speedcast is advised by Weil, Gotshal & Manges LLP as global legal
counsel and Herbert Smith Freehills as co-counsel. Michael Healy of
FTI Consulting, Inc. is Speedcast's Chief Restructuring Officer,
and FTI Consulting, Inc. is Speedcast's financial and operational
advisor. Moelis Australia Advisory Pty Ltd and Moelis & Company LLC
are Speedcast's investment bankers. KCC is Speedcast's claims and
noticing agent.

The Office of the U.S. Trustee appointed a committee to represent
unsecured creditors in Debtors' bankruptcy cases. The committee is
represented by Hogan Lovells US, LLP.

On August 13, 2020, the Debtor received a $395 million equity
commitment from Centerbridge Partners, L.P. and its affiliates, one
of its largest lenders.


SPRINGFIELD HOSPITAL: Dec. 9 Plan Confirmation Hearing Set
----------------------------------------------------------
On Nov. 2, 2020, debtor Springfield Hospital, Inc., filed with the
U.S. Bankruptcy Court for the District of Vermont the Second
Amended Disclosure Statement relating to the proposed Second
Amended Plan of Reorganization.

On Nov. 3, 2020, Judge Colleen A. Brown approved the Disclosure
Statement and established the following dates and deadlines:

   * Nov. 30, 2020, by 4:00 p.m. is fixed as the last day to return
completed ballots to counsel for the Plan Proponent.

   * Dec. 4, 2020 is fixed as the last day for the Plan proponent
to file a certification summarizing all returned ballots.

   * Dec. 9, 2020, at 9:30 a.m. before the United States Bankruptcy
Court for the District of Vermont, via ZOOM is the hearing on
confirmation of the Plan.

   * Nov. 30, 2020 is fixed as the last day to file any objections
to the Plan.

A full-text copy of the order dated November 3, 2020, is available
at https://tinyurl.com/y4u74hn3 from PacerMonitor.com at no
charge.

                  About Springfield Hospital

Springfield Hospital, Inc. is a not-for-profit, critical access
hospital located in Springfield, Vermont. As part of Springfield
Medical Care Systems' integrated system of care, including a
network of ten federally qualified community health center sites,
Springfield Hospital serves communities in southeastern Vermont and
southwestern New Hampshire.

Springfield Hospital, Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Vermont Case No. 19-10283) on June
26, 2019.  At the time of the filing, Debtor had estimated $10
million to $50 million in assets and liabilities.

The Hon. Colleen A. Brown oversees the case.

Murray, Plumb & Murray is the Debtor's bankruptcy counsel.


STEIN MART: Bought by Pier 1 Owner for $6 Million
-------------------------------------------------
On the heels of its purchase of the Radio Shack brand and re-launch
of Dress Barn and Pier 1 Imports into online-only businesses,
Retail Ecommerce Ventures (REV) [on Dec. 2] announced that a
subsidiary emerged as the winner of a bankruptcy court auction for
the  intellectual property of Stein Mart Inc. REV expects to
re-launch the off-price family fashion and home goods retailer as
an online-only store early next year.

REV's new majority-owned subsidiary, Stein Mart Online Inc.,
submitted the winning bid of $6.02 million at the November 18 court
auction, topping other offers—including the subsidiary's original
$4.0 million stalking horse bid. The winning bid was officially
approved on November 23 by the U.S. Bankruptcy Court for the Middle
District of Florida, Jacksonville Division.

The REV subsidiary acquired the Stein Mart nameplate as well as its
private label brands, domain names, social media assets, and
customer data from Hilco Streambank, an IP advisory firm that was
marketing the assets.

"Our growing set of investors sees Stein Mart as another important
addition to our  increasing stable of venerable brick-and-mortar
retail brands that we are bringing back-to-life as online
destinations," said Alex Mehr, CEO of Miami-based REV, which, over
the last two years, has also acquired such brands as Linens 'N
Things, Modell's Sporting Goods and Franklin Mint. "With 281 stores
in 30 states at the time of its bankruptcy filing in August, Stein
Mart was a beloved destination for off-price shoppers in the
Southeast, Texas, Arizona and California for more than 100 years."

REV Executive Chairman Tai Lopez said Stein Mart was a pioneer in
taking an off-price brick and mortar retail concept online.

"The company's investments in an omnichannel platform for its
offering of designer and private label fashion apparel, shoes, home
décor and accessories paved the way for Steinmart.com to post
double digit sales growth and increase its average online order to
$80," Lopez said. "We look forward to building upon the solid
foundation of existing Steinmart.com customers and introducing new
loyalists to the brand by improving the online shopping experience,
broadening the merchandise mix and deploying targeted social media
marketing campaigns."

                About Retail Ecommerce Ventures

Retail Ecommerce Ventures (REV) was founded by Alex Mehr and Tai
Lopez in 2019 to renew businesses that have struggled in the age of
ecommerce. Responsible for brands and products that have generated
more than $1 billion in sales, including a $258 million exit for
Mehr's Zoosk, the two have set their sights on acquiring distressed
retail brands with global renown. With unrivaled experience in
digital marketing and advertising, they create thriving online
stores where physical-first operations previously struggled.  On
the Web: https://www.retailecommerceventures.com/.

                       About Stein Mart

Stein Mart, Inc. (NASDAQ: SMRT) -- http://www.SteinMart.com/-- is
a national specialty omni off-price retailer offering designer and
name-brand fashion apparel, home decor, accessories and shoes at
everyday discount prices. Stein Mart provides real value that
customers love every day. The company operates 281 stores across
30 states.

Stein Mart Inc. and its affiliates sought protection under Chapter
11 of the Bankruptcy Code (Bankr. M.D. Fla. Case Nos. 20-02387 to
20-02389) on Aug. 12, 2020. As of May 2, 2020, the Debtors had
total assets of $757.6 million and total liabilities of $791.2
million.

Judge Jerry A. Funk oversees the cases.

The Debtors tapped Foley & Lardner LLP as their legal counsel,
Clear Thinking Group LLC as financial advisor, and Stretto as
claims and noticing agent.


SUNDANCE ENERGY: Fails Nov. 30 Deadline to Reach Deal With Lenders
------------------------------------------------------------------
Capital Market Laboratories reports that Sundance Energy was
required to enter into restructuring support agreement with lenders
by November 30 2020 which didn't occur.

According to Sundance, it failed to deliver applicable compliance
certificates under facilities, cross-defaults under each facility
triggered.

It has not yet received waivers or amendments from lenders. It also
continues to actively work with lenders under each facility. it may
be necessary for the company to seek protection from creditors
under Chapter 11 of U.S. Bankruptcy Code.

"As previously indicated in its Quarterly Report on Form 10-Q for
the nine months ended September 30, 2020, Sundance Energy Inc. was
not in compliance as of such date with respect to (a) the Asset
Coverage Ratio under its second lien term loan facility or (b) the
Total Debt to EBITDA Ratio or minimum Current Ratio under its
senior secured revolving credit facility. In addition, pursuant to
the second lien term loan facility, the Company was required to
enter into a restructuring support agreement with its lenders by
November 30, 2020 which did not occur. As a result of such
non-compliance, the Company was unable to deliver applicable
compliance certificates under such facilities and cross-defaults
under each facility were triggered. While they have not yet done
so, these events of default allow the lenders to demand immediate
repayment of the amounts outstanding under our credit facilities,"
the Company said in a Dec. 1, 2020 regulatory filing.

"The Company has not yet received waivers or amendments from the
lenders to waive or otherwise address these events of default. The
Company continues to actively work with the lenders under each
facility to provide for any waivers, amendments, or forbearances
necessary, although there can be no assurances that the Company
will be able to do so. If the Company is unsuccessful in its
efforts, it may be necessary for the Company to seek protection
from its creditors under Chapter 11 of the U.S. Bankruptcy Code, or
such creditors may seek other remedies."

                         About Sundance Energy Inc.

Sundance Energy Inc. operates as an onshore independent oil and
natural gas company in North America. The company explores for,
develops, and produces oil and natural gas. It focuses on
operations on its 41,000 net acres in the Eagle Ford, Live Oak,
Atascosa, La Salle, and McMullen counties, South Texas. Sundance
Energy, Inc. is headquartered in Denver, Colorado.


TAKING KIDZ: Unsecured Creditors Will Get 30% in Plan
-----------------------------------------------------
Taking Kidz Places, Inc. filed with the U.S. Bankruptcy Court for
the Southern District of Texas, Houston Division, a Plan of
Reorganization and a Disclosure Statement on October 16, 2020.

Class 5 consists of the General Unsecured Claims of the Debtor. The
Holders of Class 5 Claims will each be paid 30 percent of its claim
through income provided by Debtor's continued business income.
Debtor shall make quarterly payments to this class, which shall be
distributed pro-rata to the claimants until the Debtor is
discharged of its liability on debt. All Claims listed in Class 5
are impaired.

The Debtor intends to fund its plan of reorganization through the
continued operation of its child care facility. Additionally,
Debtor plans to implement changes to increase the probability of
its operations. Because of shortfalls occurring as the result of
shutdowns ordered in response to the COVID-19 Pandemic, future
child care demands were uncertain. The need for child care
fluctuated as parents began to exit and then re-enter the
workforce. With the reopening of schools demand for full-time and
after school child care has increased.

During the final quarter of 2020, Debtor's enrollment has
increased. Debtor plans to continue its upward enrollment trend my
continuing to offer extended hours to working parents and marketing
overnight care to essential workers. The Debtor believes that
revenue will ensure that Debtor is able to fund its Plan of
Reorganization.

A full-text copy of the Disclosure Statement dated October 16,
2020, is available at https://tinyurl.com/y4ldtfmw from
PacerMonitor.com at no charge.

Counsel to the Debtor:

        Nelson M. Jones III
        440 Louisiana Street, Suite 1575
        Houston, Texas 77002
        Tel: 713-236-8736
        Fax: 713-236-8990
        E-mail: njoneslawfirm@aol.com

                    About Taking Kidz Places

Based in Pearland, Texas, Taking Kidz Places, Inc. filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Tex. Case No. 19-37001) on Dec. 23, 2019, listing under $1
million in both assets and liabilities.  The Debtor is represented
by the Law Office Of Nelson M. Jones III.


THOMAS J. SCHMUTZ: Selling 40-Acre Jefferson Property for $160K
---------------------------------------------------------------
Thomas J. Schmutz and Beverly S. Schmutz ask the U.S. Bankruptcy
Court for the Southern District of Illinois to authorize the
private sale of 40 acres of the 43.44-acre real estate located in
Jefferson County, Illinois, legally described as The Southeast
Quarter of the Northwest Quarter, consisting of 43.44 acres, more
or less, in Section 2, Township 2 South, Range 4 East of the Third
Principal Meridian, to T. Michael Bradford and Melody Bradford for
$160,000.

At the time of filing their petition, the Debtors owned the real
estate.  They believe it is in the best interest of creditors and
the bankruptcy estate that it be sold to maximize the value of the
estate.  The Debtors have received an offer to purchase the 40
acres of the real estate for $160,000 from the Buyers, from Keenes,
Illinois.

The real estate to be sold is subject to mortgage liens of
Community First Bank.  The sale will be free and clear of all liens
with the liens to attach to the proceeds.

The Debtors deem a private sale is beneficial to the estate to
eliminate costs of a public sale. All costs and expenses resulting
from the sale will be paid first from the proceeds of the sale
including a pro rata withholding of U.S. Trustee fees.

The Debtors believe the offer is the best offer they can receive
and recommend that the offer be accepted unless higher and better
bids are received by Nov. 30, 2020 (21 days).  Any objections to
the motion or higher bids that are filed with the Court within the
objection period will be heard.

A copy of the Contract is available at https://tinyurl.com/yyjrje53
from PacerMonitor.com free of charge.

Thomas J. Schmutz and Beverly S. Schmutz sought Chapter 11
protection (Bankr. S.D. Ill. Case No. 19-40853) on Nov. 7, 2019.
The Debtors tappted Douglas A. Antonik, Esq., as counsel.


TITAN PHARMACEUTICALS: Has $4.9M Net Loss for Sept. 30 Quarter
--------------------------------------------------------------
Titan Pharmaceuticals, Inc. filed its quarterly report on Form
10-Q, disclosing a net loss and comprehensive loss of $4,932,000 on
$1,120,000 of total revenues for the three months ended Sept. 30,
2020, compared to a net loss and comprehensive loss of $2,803,000
on $947,000 of total revenues for the same period in 2019.

At Sept. 30, 2020, the Company had total assets of $8,018,000,
total liabilities of $8,915,000, and $897,000 in total
stockholders' deficit.

The Company said, "We assess going concern uncertainty in our
condensed financial statements to determine if we have sufficient
cash on hand and working capital, including available borrowings on
loans, to operate for a period of at least one year from the date
the financial statements are issued or available to be issued,
which is referred to as the "look-forward period" as defined by
Accounting Standard Update ("ASU") No. 2014-15.  As part of this
assessment, based on conditions that are known and reasonably
knowable to us, we will consider various scenarios, forecasts,
projections, estimates and will make certain key assumptions,
including the timing and nature of projected cash expenditures or
programs, and its ability to delay or curtail expenditures or
programs, if necessary, among other factors.  Based on this
assessment, as necessary or applicable, we make certain assumptions
around implementing curtailments or delays in the nature and timing
of programs and expenditures to the extent we deem probable those
implementations can be achieved and we have the proper authority to
execute them within the look-forward period in accordance with ASU
No. 2014-15.

"Based upon the above assessment, we concluded that, at the date of
filing the financial statements in this Quarterly Report on Form
10-Q for the nine months ended September 30, 2020, we did not have
sufficient cash to fund our operations for the next 12 months
without additional funds and, therefore, there is substantial doubt
about our ability to continue as a going concern within 12 months
after the date the financial statements were issued."

A copy of the Form 10-Q is available at:

                       https://bit.ly/33DOCSe

Titan Pharmaceuticals, Inc., a pharmaceutical company, develops
therapeutics for the treatment of chronic diseases. It develops
products based on ProNeura, a proprietary long-term drug delivery
platform that focuses primarily on the treatment for chronic
diseases. The company offers Probuphine, a six-month buprenorphine
implant for the maintenance treatment of opioid addiction in
patients. It also develops ProNeura-Ropinirole, an implant to
provide delivery of ropinirole, a dopamine agonist for the
treatment of Parkinson's disease; and triiodothyronine, an implant
for the treatment of hypothyroidism. Titan Pharmaceuticals, Inc.
was incorporated in 1992 and is based in South San Francisco,
California.



TM HEALTHCARE: Has Until Jan. 15, 2021 to File Plan & Disclosures
-----------------------------------------------------------------
Judge Erik P. Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida, West Palm Beach Division, has entered an order
within which TM Healthcare Holdings, LLC and certain of its
affiliates shall file a Plan and Disclosure Statement on or before
January 15, 2021.

A full-text copy of the order dated October 22, 2020, is available
at https://tinyurl.com/y4drajs3 from PacerMonitor at no charge.

                   About TM Healthcare Holdings

TM Healthcare Holdings, LLC, a Stuart, Fla.-based company in the
health care business, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 20-20024) on Sept. 17,
2020. The petition was signed by CFO Paul Kamps.

At the time of the filing, Debtor had estimated assets of less than
$50,000 and liabilities of between $50 million and $100 million.

Judge Erik P. Kimball oversees the case.

Shraiberg Landau & Page P.A. is the Debtor's legal counsel.


TOWER ONE WIRELESS: Posts CAD211K Net Income for March 31 Quarter
-----------------------------------------------------------------
Tower One Wireless Corp. filed its Form 6-K, disclosing net income
of CAD211,172 on CAD2,634,786 of revenues for the three months
ended March 31, 2020, compared to a net income of CAD1,301,982 on
CAD4,490,985 of revenues for the same period in 2019.

At March 31, 2020, the Company had total assets of CAD14,097,343,
total liabilities of CAD22,353,519, and CAD8,256,176 in total
stockholders' deficiency.

The Company said, "The net realizable value of the Company's assets
may be materially less than the amounts recorded in these
consolidated financial statements should the Company be unable to
realize its assets and discharge its liabilities in the normal
course of business.  At March 31, 2020, the Company had a working
capital deficiency of US$16,288,905 (2019 - US$17,058,758) and an
accumulated deficit of US$23,043,472 (2019 - US$23,585,459) which
has been funded primarily by advances from customers related to the
development deals in Mexico and Colombia in addition to the profit
generated by the sales of towers in Argentina.  Ongoing operations
of the Company are dependent upon the Company's ability to generate
sufficient revenues in the future, receive continued financial
support and complete equity financings.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern."

A copy of the Form 6-K is available at:

                       https://bit.ly/2JreMk8

Tower One Wireless Corp. is a pure-play, build-to-suit ("BTS")
tower owner, operator and developer of multitenant communications
structures.  The Company's primary business is the leasing of space
on communications sites to mobile network operators ("MNOs").  The
Company offers tower-related services in the largest Spanish
speaking countries in Latin America: Argentina, Colombia and
Mexico.  These tower-related services include site acquisition,
zoning and permitting, structural analysis, and construction which
primarily supports the Company's site leasing business, including
the addition of new tenants and equipment on its sites.  A
long-term site lease is in hand with a tenant prior to undergoing
construction.  The Company is based in Vancouver, BC.


TPT GLOBAL: Has $1.4-Mil. Net Loss for Quarter Ended Sept. 30
-------------------------------------------------------------
TPT Global Tech, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss (attributable to shareholders) of $1,365,182
on $2,786,610 of total revenues for the three months ended Sept.
30, 2020, compared to a net income (attributable to shareholders)
of $2,986,798 on $3,617,500 of total revenues for the same period
in 2019.

At Sept. 30, 2020, the Company had total assets of $15,960,042,
total liabilities of $36,861,223, and $25,695,654 in total
stockholders' deficit.

The Company said, "Cash flows generated from operating activities
were not enough to support all working capital requirements for the
nine months ended September 30, 2020 and 2019.  We incurred
US$4,881,030 and US$8,538,360, respectively, in losses, and we used
US$216,685 and US$1,032,989, respectively, in cash for operations
for the nine months September 30, 2020 and 2019.  Cash flows from
financing activities were US$724,356 and US$2,027,422 for the same
periods.  These factors raise substantial doubt about the ability
of the Company to continue as a going concern for a period of one
year from the issuance of these financial statements.  The
financial statements do not include any adjustments that might
result from the outcome of this uncertainty."

A copy of the Form 10-Q is available at:

                       https://bit.ly/39AKfuS

TPT Global Tech, Inc. operates as a technology/telecommunication
media content hub for syndication worldwide. It also provides
technology solutions for businesses. The company offers software as
a service (SaaS), technology platform as a service (PAAS),
cloud-based unified communication as a service (UCaaS), and
carrier-grade performance and support services for businesses over
its private IP MPLS fiber and wireless network in the United
States. Its cloud-based UCaaS services allow businesses to access
voice, data, media, and collaboration in technology markets. In
addition, the company distributes pre-paid cellphone services,
mobile phones, cellphone accessories, and global roaming cellphones
for nationwide mobile virtual network operators and independent
sales organization. The company was formerly known as Ally Pharma
US, Inc. and changed its name to TPT Global Tech, Inc. in December
2014. TPT Global Tech, Inc. is based in San Diego, California.


TRANS-LUX CORP: Says Substantial Going Concern Doubt Exists
-----------------------------------------------------------
Trans-Lux Corporation filed its quarterly report on Form 10-Q,
disclosing a net loss of $758,000 on $2,896,000 of total revenues
for the three months ended Sept. 30, 2020, compared to a net loss
of $277,000 on $4,472,000 of total revenues for the same period in
2019.

At Sept. 30, 2020, the Company had total assets of $9,264,000,
total liabilities of $14,129,000, and $4,865,000 in total
stockholders' deficit.

The Company said, "There is substantial doubt as to whether we will
have adequate liquidity, including access to the debt and equity
capital markets, to operate our business over the next 12 months
from the date of issuance of this Form 10-Q.  A stockholder of the
Company has committed to providing additional capital up to US$2.0
million, to the extent necessary to fund operations.  The Company
continually evaluates the need and availability of long-term
capital in order to meet its cash requirements and fund potential
new opportunities."

A copy of the Form 10-Q is available at:

                       https://bit.ly/37ptYGt

Trans-Lux is a leading supplier of LED technology for display
applications.  The essential elements of these systems are the
real-time, programmable digital products that we design,
manufacture, distribute and service.  Designed to meet the digital
signage solutions for any size venue’s indoor and outdoor needs,
these displays are used primarily in applications for the
financial, banking, gaming, corporate, advertising, transportation,
entertainment and sports markets.  The Company operates in two
reportable segments: Digital product sales and Digital product
lease and maintenance.


TRANSATLANTIC PETROLEUM: Has $3.0M Net Loss for Sept. 30 Quarter
----------------------------------------------------------------
TransAtlantic Petroleum Ltd. filed its quarterly report on Form
10-Q, disclosing a net loss of $2,959,000 on $8,629,000 of total
revenues for the three months ended Sept. 30, 2020, compared to a
net income of $1,070,000 on $14,653,000 of total revenues for the
same period in 2019.

At Sept. 30, 2020, the Company had total assets of $84,862,000,
total liabilities of $58,229,000, and $19,417,000 in total
shareholders' deficit.

The Company said, "On August 7, 2020, to supplement our liquidity,
we entered into an up to US$8.0 million loan with an affiliate of
Mr. Mitchell.  The loan is due August 7, 2021.  Even with this
additional liquidity, as of the date hereof, based on cash on hand
and projected future cash flow from operations, our current
liquidity position is severely constrained.  As a result,
substantial doubt exists regarding our ability to continue as a
going concern.  Our management is actively pursuing improving our
working capital position in order to remain a going concern for the
foreseeable future.  As of September 30, 2020, we have no amounts
outstanding under this loan."

A copy of the Form 10-Q is available at:

                       https://bit.ly/3fZOfGo

TransAtlantic Petroleum Ltd., an oil and natural gas company,
engages in the acquisition, exploration, development, and
production of oil and natural gas.  The Company was founded in 1985
and is based in Addison, Texas.


TRANSFORMATION TECH: Dec. 21 Interface Membership Interests Auction
-------------------------------------------------------------------
Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District
of Delaware authorized Transformation Tech Investors, Inc.'s
bidding procedures in connection with the sale of its 100%
membership interests in Interface Security Systems, L.L.C. to
Innovation Tech Investors, Inc. for $5 million, subject to
overbid.

The form of Sale Notice is approved.  Within two business days
after the date of the Order, or as soon as reasonably practicable
thereafter, the Debtor will serve the Sale Notice on the following
Sale Notice Parties: the U.S. Trustee; the counsel to the
Committee, if any; the counsel to Prudential; the counsel to SunTx;
the counsel to the ISS Term Loan Administrative Agent; the counsel
to the ISS Revolver Agent; the counsel to the ISS Lender Parties;
any other party that has asserted an interest in the Membership
Interests; any potentially interested party identified by Imperial
and any other entity known to have expressed an interest in a
transaction with respect to the Membership Interests or the
operating business in the past nine months; all affected federal,
state, and local governmental regulatory and taxing authorities,
including the Internal Revenue Service; all known holders of claims
against and equity interests in the Debtor; and all parties that
have filed, and not withdrawn, requests for service of notices
under Bankruptcy Rule 2002.   

TThe salient terms of the Bidding Procedures are:

     a. Bid Deadline: Dec. 16, 2020 at 5:00 p.m. (ET)

     b. Initial Bid: $5.2 million

     c. Deposit: 10% of the Purchase Price provided for in the bid

     d. Auction: In the event the Debtor receives, by the Bid
Deadline, one or more Qualified Bids in addition to the Stalking
Horse Bid, it will conduct a virtual Auction beginning at 10:00
a.m. (ET) on Dec. 21, 2020, or at such other time and/or place or
method as the Debtor, after consulting with the Consultation
Parties, determines and provides notice of by filing a notice with
the Court.  The Debtor will provide virtual access instructions for
the Auction if there will be an Auction.

     e. Bid Increments: $200,000

     f. Sale Hearing: Dec. 28, 2020 at 11:30 a.m. (ET)

     g. Sale Objection Deadline: Dec. 16, 2020 at 4:00 p.m. (ET)

The Stalking Horse Bid is a combination of (a) a credit bid of
amounts funded under the DIP Facility and (b) cash, plus (ii) the
assumption of the Assumed Guaranty.  

The Stalking Horse Bidder is a Qualified Bidder and the Stalking
Horse Bid is a Qualified Bid, as provided in the Bidding
Procedures.  Subject to the terms of the Bidding Procedures, if
there is a competing Qualified Bid, the Stalking Horse Bidder may,
but is not obligated to, submit overbids and in doing so credit bid
all or a portion of its secured claim under the DIP Facility.
Other than the Stalking Horse Bid (and any credit overbid by the
Stalking Horse Bidder), no credit bidding will be permitted.

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

Notwithstanding Bankruptcy Rule 6004(h), the Order will be
immediately effective and enforceable upon its entry.

A copy of the Bidding Procedures is available at
https://tinyurl.com/y69b5pn9 from PacerMonitor.com free of charge.
  
                About Transformation Tech Investors

Transformation Tech Investors, Inc., is a managed services provider
delivering business security systems, managed network services,
managed voice over IP, and business intelligence solutions to
distributed enterprises.

Transformation Tech Investors, Inc., sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Case No.
20-12970) on Nov. 11, 2020.  At the time of the filing, the Debtor
had estimated assets of between $100,000 and $500,000 and
liabilities of between $100 million and $500 million.  

The Debtor tapped Richards, Layton & Finger, P.A. as its legal
counsel, Imperial Capital LLC as financial advisor, and Reliable
Companies as claims and noticing agent and administrative advisor.


TRATTORIA SAN DOMENICO: Closes Restaurant, Files for Chapter 7
--------------------------------------------------------------
Laura Smythe of Philadelphia Business Journal reports that a
family-run Italian restaurant in Newtown Square, Pennsylvania, has
filed for Chapter 7 bankruptcy as the Covid-19 pandemic brings the
eatery's 15-year run to a close.

Trattoria Giuseppe, located at 4799 West Chester Pike, was a fan
favorite in Greater Philadelphia known for authentic fare including
pizzas, pastas, salads and appetizers like calamari and bruschetta.
The business is owned by Giuseppe Musso, a chef who has worked in
kitchens in Sicily, Italy, and Switzerland. He operated the concept
alongside his wife, son and daughter.

The restaurant's debt is valued between $500,001 and $1 million,
while assets fall between $100,001 and $500,000, according to a
filing in the United States Bankruptcy Court for the Eastern
District of Pennsylvania. Documents indicate Trattoria Giuseppe has
fewer than 50 creditors. A list of the entities is not included in
the initial filing and is due by Dec. 7, 2020. After administrative
expenses are paid, no funds will be available to unsecured
creditors, per the filing.

The suburban restaurant additionally operated a robust banquet
facility at its Newtown Square location dubbed Bella di Notte,
which could accommodate up to about 200 people prior to the
pandemic, said Allen Dubroff, the lawyer representing the
bankruptcy filing.

Given the Chapter 7 filing, there is no going forward for the
restaurant, Dubroff said, and "there's no doubt that the pandemic
put the final touch on an industry that it's hard to make a living
in." Trattoria Giuseppe was able to hold a few banquets in March,
but that arm of the business has been at a standstill ever since.
The banquet facility was a large component of the restaurant’s
lease, Dubroff said.

That blow to business coupled with the "great cost" it would take
to build out the restaurant's outdoor dining space for cold winter
weather were the final straws.

"It's just a calamity and a business that's being harmed in this
world by the pandemic," Dubroff said. "It's absolutely a casualty
of this."

Trattoria Giuseppe served a limited number of people on
Thanksgiving and was open for takeout. It then closed over the
holiday weekend, according to Dubroff.

The eatery received between $150,000 and $350,000 in federal
Paycheck Protection Program loans earlier this year, according to
federal data. A second round of PPP might have helped the
restaurant survive, Dubroff said, because Trattoria Giuseppe never
laid off any of its 26 employees, instead paying the whole team
"until it exhausted all their means."

"I give that husband-and-wife team a lot of credit," Dubroff noted.
"They kept paying everybody and it killed them."

Trattoria Giuseppe announced its closure via Facebook on Monday,
and hundreds of people lamented the shuttering in the comments.

"You were truly a huge part of this community!" one person wrote.
"I've shared so many special occasions at Giuseppe’s and many
family dinners. I'm devastated to hear this news."

"This is breaking my heart. I am crying," another added. "You were
the one place we could ALWAYS count on for the most delicious meals
and fantastic atmosphere! We will miss you SO MUCH!"

Dubroff anticipates many more "hospitality downfalls" in the coming
months.

"It still makes my stomach gurgle and I still feel upset because
you sometimes represent clients that ruined their own business, but
this isn't the case," he said. "This is something none of us could
have predicted."

                    About Trattoria Guiseppe

Trattoria Guiseppe is a family-owned and run Italian restaurant in
Newtown Square, Pennsylvania.

Trattoria San Domenico, Inc., doing busienss as Trattoria Guiseppe,
filed a Chapter 7 bankruptcy petition (Bankr. E.D. Pa. Case No.
20-14582) on Nov. 30, 2020.

The Debtor's counsel:

        ALLEN B. DUBROFF
        Tel: 215-568-2700
        E-mail: allen@dubrofflawllc.com



US CELLULAR: Moody's Assigns Ba1 Rating on Proposed Unsec. Notes
----------------------------------------------------------------
Moody's Investors Service assigned a Ba1 rating to United States
Cellular Corporation's proposed offering of senior unsecured notes.
US Cellular's other ratings and outlook remain unchanged. The
company may use net proceeds from the Unsecured Notes for general
corporate purposes, which may include the repayment of
indebtedness, the purchase of additional spectrum and the funding
of capital investments including those in connection with 5G
buildout projects. US Cellular is an 82% owned subsidiary of
Telephone and Data Systems, Inc. (TDS, Ba1 stable); TDS's other
ratings and outlook are unchanged.

Assignments:

Issuer: United States Cellular Corporation

Senior Unsecured Regular Bond/Debenture, Assigned Ba1 (LGD4)

RATINGS RATIONALE

The Ba1 corporate family rating benefits from the company's modest
leverage, very good liquidity, a fairly conservative controlling
shareholder and several valuable non-core investments, including
the US's fifth largest wireless tower portfolio and a 5.5% minority
stake in a wireless partnership with Verizon Communications, Inc.
(Baa1 positive) in the Los Angeles market. Moody's believes US
Cellular's tower portfolio and wireless partnership stake could be
effectively monetized either partly or fully in order to provide
additional financial flexibility if necessary. US Cellular's rating
is constrained by its limited scale and the intense competitive
challenges that it faces as a relatively small regional wireless
operator in a consolidating wireless market comprised currently of
three primary nationwide wireless operators.

US Cellular, currently in a significant buildout phase as it
prepares for the commercial launch of 5G wireless services in 2021,
is investing in network, equipment and spectrum licenses critical
to maintaining its competitive positioning and retaining and
attracting customers. US Cellular's service revenue was up 1.7% in
Q3 2020 compared to the same period in the prior year and ARPU grew
2.0% over that same period highlighting service upgrade activity to
unlimited plans. The company demonstrated demand resilience similar
to the overall wireless industry as negative impacts from COVID-19
began abating in Q3 2020, with a 3.1% increase in gross additions
compared to the prior year's comparable period and significantly
stronger net postpaid connections additions of 28,000, driven by
connected devices. US Cellular posted low total postpaid churn of
1.06% which was up sequentially but still lower than the 1.38%
level of Q3 2019. Primarily comprised of postpaid subscribers, US
Cellular's 4.9 million total retail postpaid and prepaid
connections at the end of Q3 2020 were flat compared with the same
period in the prior year, but were higher on a sequential basis. US
Cellular's company-defined adjusted EBITDA margin improved to 27.5%
in Q3 2020 from 24.8% in the prior year's comparable quarter, with
lower SG&A expense a main driver. Moody's believes US Cellular's
lack of scale will limit its ability to significantly improve
margins and cash flow over the next two years until its 5G strategy
is more fully implemented.

TDS's SGL-1 speculative grade liquidity rating indicates its
expectation that the company will sustain very good liquidity
through the next 12 to 18 months. TDS maintains a strong liquidity
profile characterized by large cash balances and no material debt
maturities until 2033, except for TDS's $50 million term loan due
2027 and US Cellular's $82 million term loan due 2027. As of
September 30, 2020, TDS had aggregate cash, cash-equivalents and
short-term investments of $1.1 billion and a $400 million committed
bank credit facility. US Cellular also maintains its own revolving
credit facility of $300 million. Both companies' lines of credit
were effectively unutilized as of September 30, 2020 (except for $1
million of outstanding letters of credit on TDS's facility and $2
million of outstanding letters of credit on US Cellular's
facility); both expire in March 2025. US Cellular also has a $300
million receivables securitization agreement to permit secured
borrowings under its equipment installment plan receivables for
general corporate purposes; the unused capacity under this
agreement was $75 million as of September 30, 2020.

For year-end 2020, Moody's expects TDS's capital spending to be
almost $1.3 billion and dividends and capital distributions to
minority partners to be about $80 million, resulting in about $220
million of negative free cash flow. Existing cash balances and
external liquidity sources are more than ample to fund negative
free cash flow. Moody's expects negative free cash flow to begin
declining in late 2021 largely due to moderating capital investing
activity in US Cellular's 5G-related network modernization plans.
Moody's expects continued but prudent capital investment intensity
at TDS's wireline subsidiary under its targeted fiber overbuild
strategy. Moody's expects these buildouts will be met with internal
and external sources of liquidity sufficient to fund any cash
shortfalls.

TDS is a controlled company because over 50% of the voting power
for the election of directors of TDS is held by the trustees of the
TDS Voting Trust. The company's financial policies are
conservative, including maintaining a strong balance sheet with
ample liquidity allowing optionality and flexibility. TDS employs a
conservative financial policy with long dated repayment
obligations. The company's moderate leverage is necessary in light
of the competitive nature of its end markets and the high capital
investing requirements which may result in periods of negative free
cash flow. TDS has a $250 million share repurchase authorization
that does not have an expiration date. Moody's believes repurchases
of stock will remain measured, as in the past. TDS purchases US
Cellular stock to maintain an 80% ownership stake. Based on its
expectations of the company's cash needs, Moody's expects both
revolving credit facilities to remain undrawn over the next 12
months.

The instrument ratings reflect both the probability of default of
TDS, as reflected in the Ba1-PD probability of default rating, an
average expected family recovery rate of 50% at default and the
loss given default (LGD) assessment of the debt instruments in the
capital structure based on a priority of claims. The Ba2 (LGD6)
rating of TDS's senior unsecured notes reflects a junior position
in the capital structure and the relatively significant amount of
senior debt that is likely to remain outstanding at US Cellular.
The senior unsecured notes of US Cellular, TDS's largest operating
subsidiary, are rated Ba1 (LGD4) based on structural seniority and
good asset coverage. TDS and US Cellular's senior unsecured
revolvers and US Cellular's senior unsecured term loan (all
unrated) is ranked ahead of US Cellular's senior unsecured notes to
reflect the unconditional guarantees provided by certain TDS and US
Cellular subsidiaries.

The stable outlook reflects Moody's view that TDS and its US
Cellular subsidiary will demonstrate stable to growing revenue in
2020 and 2021 and that TDS's consolidated leverage (Moody's
adjusted) will remain below 3.5x for the next two years.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATING:

Moody's would consider an upgrade if TDS's leverage (Moody's
adjusted) were sustained below 2.5x and free cash flow as a
percentage of debt grew to the mid to high single-digits
accompanied by consistent revenue and profitability growth.

Moody's could downgrade TDS's ratings if leverage is likely to be
above 3.5x (Moody's adjusted) for an extended period and free cash
flow remains negative or if revenue and profitability trends weaken
and persist. Also, a decision by US Cellular or TDS Telecom to sell
a material amount of assets (such as spectrum, towers or wireline
properties) and distribute proceeds to shareholders could also lead
to a ratings downgrade

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

Headquartered in Chicago, Illinois, Telephone and Data Systems,
Inc. (TDS) is a diversified telecommunications company with
approximately 4.9 million wireless customers and 1.2 million
wireline and cable connections in 31 states within the US. TDS
provides wireless operations through its 82% owned subsidiary, US
Cellular, and conducts its wireline and cable operations through
its wholly-owned subsidiary, TDS Telecommunications Corporation.


US REAL ESTATE (BUILDER): Aloha Files Joinder for Trustee Bid
-------------------------------------------------------------
Aloha Capital, LLC, a party in interest in the Chapter 11 case of
US Real Estate Equity Builder LLC, files a Joinder to the United
States Trustee's Motion to appoint a chapter 11 trustee for the
Debtor.

The Joinder was filed with the U.S. Bankruptcy Court for the
District of Kansas, dated December 1, 2020.

A full-text copy of the Joinder is available at
https://bit.ly/2VtyApw from PacerMonitor.com for free.

                 About US Real Estate Equity Builder

US Real Estate Equity Builder LLC is primarily engaged in renting
and leasing real estate properties. US Real Estate Equity Builder
LLC filed its voluntary petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. of Kan. Case No. 20-21358) on Oct. 2,
2020. US Real Estate President Sean Tarpenning signed the petition.
At the time of filing, the Debtor disclosed $5,281,000 in assets
and $13,985,020 in liabilities.  Judge Robert D. Berger oversees
the case.  George J. Thomas, Esq., at Phillips & Thomas LLC,
represents the Debtor as counsel.


US REAL ESTATE EQUITY: Aloha Joins Bid to Appoint Ch. 11 Trustee
----------------------------------------------------------------
Aloha Capital, LLC, a party in interest in the Ch. 11 case of US
Real Estate Equity Builder Dayton LLC, files a Joinder to the
United States Trustee’s Motion to appoint a chapter 11 trustee
for the Debtor.

The Joinder was filed with the U.S. Bankruptcy Court for the
District of Kansas, dated December 1, 2020.

A full-text copy of the Joinder is available at
https://bit.ly/3mAsNKA from PacerMonitor.com for free.

            About US Real Estate Equity Builder Dayton

US Real Estate Equity Builder Dayton LLC is primarily engaged in
renting and leasing real estate properties.

US Real Estate Equity Builder Dayton filed its voluntary petition
for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Kan.
Case No. 20-21359) on Oct. 2, 2020.  US Real Estate President Sean
Tarpenning signed the petition.  

At the time of filing, the Debtor disclosed $6,754,000 in assets
and $5,455,938 in liabilities.

Phillips & Thomas, LLC serves as the Debtor's legal counsel.


VICTERRA ENERGY: Unsecureds to Get Paid from $250K Sale Proceeds
----------------------------------------------------------------
Debtors Victerra Energy Holding Co., LLC, Victerra Energy
Interests, LLC, and Victerra Energy, LLC filed with the U.S.
Bankruptcy Court for the Southern District of Texas, Houston
Division, a Joint Combined Chapter 11 Plan and Disclosure Statement
on October 20, 2020.

During these chapter 11 cases, the Debtors sold substantially all
of their assets. While the sale did not generate sufficient
proceeds to satisfy the Prepetition Secured Loan Claim, funds will
be made available to satisfy Administrative Expense Claims and to
fund a Liquidating Trust pursuant to settlements by and between the
Administrative Agent, on the one hand, and the Debtors and the
Committee on the other. The Plan proposes to grant Liquidating
Trust Beneficial Interests redeemable pursuant to Article V section
D of the Plan to Allowed priority unsecured Creditors, Allowed
unsecured Creditors, and finally, to Allowed Interests Holders in
accordance with the provisions of any applicable shareholder or
other agreements regarding priority of distributions.

The Debtors entered into the EOG APA, in which EOG agreed to buy
the Debtors' primary assets free and clear of all pledges, liens,
security interests, encumbrances, claims, charges, options, and
interests therein or thereon to the maximum extent permitted under
the Bankruptcy Code. The purchase price, as initially defined in
the Destination Pet APA, was to be $15,000,000.

On May 20, 2020, the Debtors filed a joint motion to employ
EnergyNet.com as auctioneer and oil and gas broker as well as to
establish sale procedures and approval of a sale of the Debtors'
assets which the Court approved on June 15, 2020. During these
Bankruptcy Cases, the Debtors closed a sale transaction with a
purchase price of $15,000,000, and thus, were extremely successful
in realizing the highest and best value for the Debtors' businesses
despite the oil and gas downturn and stigma associated with the
bankruptcy proceedings.

The Sale Order provides that all liens and claims that existed
against the assets prior to the closing, including, without
limitation, the Prepetition Liens and Adequate Protection Liens
attached to the sale proceeds the Debtors receive under the Sale
Transaction with the same validity, force, and effect as prior to
closing. The  Administrative Agent holds a perfected first priority
lien on all cash and the proceeds of the sale of the Debtors'
Assets, and as a result, unsecured creditors face the risk that the
Administrative Agent could seek stay relief to obtain all of the
sale proceeds and other cash as their collateral. The Debtors, the
Administrative Agent, and the Committee agreed to the JPM/UCC
Settlement to resolve any potential challenges that could have been
brought by the Committee and such stay relief litigation.

The JPM/UCC Settlement provides that the Administrative Agent will
reserve $250,000 from the sale proceeds to fund a liquidating trust
to pay holders of general unsecured claims under the plan, and in
turn, the Debtors shall make a cash payment of approximately
$13,142,928 to the Administrative Agent within two (2) days of
entry of the order approving the JPM/UCC Settlement. The JPM/UCC
Settlement further provides for certain specified future payments
to the Administrative Agent on account of segregated funds set
aside for the payment of certain severance taxes that exceed the
amount of such taxes owed, any excess collections and unused
amounts set forth in any line item in the Debtors' Wind-Down
Budget, to be paid to the Administrative Agent upon the Effective
Date, and fifty percent (50%) of any liquidating trust recoveries
that constitute collateral of the Prepetition Secured Parties.

Class 4 shall consist of all Allowed General Unsecured Claims,
including any Prepetition Secured Loan Deficiency Claim, against
the Debtors. Holders of Allowed Class 4 Claims shall receive, in
full and final satisfaction, compromise, settlement, release, and
discharge of and in exchange for each Class 4 Claim, Liquidating
Trust Beneficial Interests; provided that, the Prepetition Secured
Loan Deficiency Claim shall not be paid out of the UCC Cash Reserve
or any recoveries by the liquidating trust on account of any assets
not constituting collateral of the Prepetition Secured Parties
until other holders of general unsecured claims are paid in full.

Class 5 shall consist of all equity interests in the Debtors. Upon
the Effective Date, all equity interests in the Debtors shall be
cancelled and Holders of Equity Interests in the Debtors shall
receive Liquidating Trust Beneficial Interests.

To the extent not previously approved by Final Order of the Court,
Confirmation of the Plan shall constitute approval of the JPM/UCC
Settlement and the 1Stipulation related to the JPM/UCC Settlement
pursuant to Rule 9019 of the Bankruptcy Rules.

A full-text copy of the Combined Plan and Disclosure Statement
dated October 20, 2020, is available at
https://tinyurl.com/y4pyh3k2 from PacerMonitor at no charge.

Attorneys for the Debtors:

         OKIN ADAMS LLP
         Matthew S. Okin
         David L. Curry, Jr.
         Johnie A. Maraist
         1113 Vine St., Suite 240
         Houston, Texas 77002
         Tel: 713.228.4100
         Fax: 888.865.2118
         E-mail: mokin@okinadams.com
                 dcurry@okinadams.com
                 jmaraist@okinadams.com

                  About Victerra Energy Holding Co.

Victerra Energy Holding Co. acquires and develops upstream oil and
gas projects in the onshore United States.  Currently, Victerra is
focused on the Permian Basin with its existing project in Western
Reeves County.  Visit https://victerra.com for more information.

Victerra and its affiliates filed Chapter 11 petitions (Bankr. S.D.
Tex. Lead Case No. 20-32487) on May 6, 2020.  At the time of the
filing, Debtors were estimated to have $10 million to $50 million
in both assets and liabilities.  Judge Marvin Isgur oversees the
cases.  

Debtors have tapped Okin Adams, LLP as legal counsel; MACCO
Restructuring Group, LLC as financial advisor; and Buckley & Boots,
LLC as valuation advisor.

The Office of the U.S. Trustee appointed a committee to represent
unsecured creditors in Debtors' bankruptcy cases.  The committee is
represented by Locke Lord, LLP.


VIDEO RIVER: Incurs $42,675 Net Loss in Third Quarter
-----------------------------------------------------
Video River Networks, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $42,675 on $19,035 of total revenue for the three months ended
Sept. 30, 2020, compared to a net loss of $5,698 on $0 of total
revenue for the three months ended Sept. 30, 2019.

For the nine months ended Sept. 30, 2020, the Company reported a
net loss of $132,618 on $1.30 million of total revenue compared to
a net loss of $6,198 on $0 of total revenue for the same period in
2019.

As of Sept. 30, 2020, the Company had $1.01 million in total
assets, $1.09 million in total liabilities, and a total
stockholders' deficit of $76,497.

The Company has and operates small ongoing revenue generating
businesses.  For the Nine months ended Sept. 30, 2020, the Company
reported an accumulated deficit of $19,445,493 as of the end of the
period.  The Company said these conditions raise substantial doubt
about its ability to continue as a going concern.

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

https://www.sec.gov/Archives/edgar/data/1084475/000176031920000108/nihk10q9302020final.htm

                           About Video River

Headquartered in Torrance, California, Video River Networks, Inc.
has two lines of real estate business: (1) promote and preserve
affordable housing and economic development across urban
neighborhoods in the United States; and (2) acquire hold and manage
specialized assets including hemp and cannabis farms, dispensaries,
CBD related commercial facilities, industrial and commercial real
estate, and other real estate related services to the CBD and the
legal cannabis industry.

Dylan Floyd Accounting & Consulting, in Newhall, California, the
Company's auditor since 2020, issued a "going concern"
qualification in its report dated July 24, 2020, citing that the
Company has an accumulated deficit of $19,150,865 for the year
ended Dec. 31, 2019.  These factors raise substantial doubt about
the Company's ability to continue as a going concern.


VIVUS INC: Shareholder Wants Chapter 11 Trustee or Examiner in Case
-------------------------------------------------------------------
Dennis Dijkstra, an objecting shareholder of Vivus, Inc., asks the
U.S. Bankruptcy Court for the District of Delaware to direct an
order appointing a Ch. 11 Trustee or Examiner for the Debtor,
pursuant to Sec. 1104 of the Bankruptcy Code.

Mr. Dijkstra is concerned with the regular business activities of
the Debtor particularly on the on-time collection of outstanding
invoices, the full operation of its sales departments, and frugal
expenses on legal, financial advisories, and other related
expenses.

A copy of the Motion is available at https://bit.ly/3g0mLR9 from
PacerMonitor.com for free.

                        About Vivus Inc.

Vivus Inc and three of its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Del., Case No.
20-11779) on July 7, 2020. The petitions were signed by Mark Oki,
chief financial officer.  Hon. Laurie Selber Silverstein presides
over the cases.

As of May 31, 2020, the Debtors reported total assets of
$213,884,000 and total liabilities of $281,669,000.

Weil Gotshal & Manges LP serves as general counsel to the Debtors,
while Richards, Layton & Finger, P.A. acts as local counsel to the
Debtors. Ernst & Young is the Debtors' financial advisor, and Piper
Sandler Companies acts as investment banker. Stretto is claims and
noticing agent to the Debtors.

On Sept. 22, 2020, the United States Trustee appointed the official
committee of equity security holders.  The equity committee is
represented by Morris, Nichols, Arsht & Tunnell LLP.


VRAI TABERNACLE: Tobias Buying Palm Springs Property for $2 Million
-------------------------------------------------------------------
Vrai Tabernacle de Jesus, Inc., asks the U.S. Bankruptcy Court for
the Southern District of Florida to authorize the sale of the real
property located at 1656 S Congress Ave., Palm Springs, Florida,
PCN 70-43-44-08-15-003-0010, to Tobias R. Hamilton, Inc. for $2
million, free and clear of liens.   

The Debtor owns the Property.  It valued the Property at $2.5
million.

The Property secures liens held by: (i) Charles Capital Group, LLC
- $1,052,905, and (ii) E&T Assets, LLC - $398,437.

Other debt secured by the property are: (i) Palm Beach County Tax
Collector - $68,000, (ii) TLOA of Florida, LLC - $33,810, (iii)
Black Cub, LLC - $3,526, (iv) Palm Beach County Water Utilities -
$13,000, and (v) Village of Palm Springs - $80,000.

The Debtor has entered into a contract for the sale of the Property
for $2 million.  The sale is scheduled to close on Feb. 2, 2021.

The proceeds from the sale will result in all secured creditors
being satisfied.

A copy of the Contract is available at https://tinyurl.com/y3kgplv4
from PacerMonitor.com free of charge.

               About Vrai Tabernacle de Jesus Inc.

Vrai Tabernacle de Jesus, Inc., a non-profit religious
organization, filed its voluntary petition for relief under Chapter
11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 20-21421) on
Oct. 19, 2020.  Vrai Tabernacle President Lenese Naval-Estiverne
signed the petition.  At the time of filing, the Debtor estimated
$1 million to $10 million in both assets and liabilities.  Judge
Mindy A. Mora oversees the case.  Brian K. McMahon, P.A. serves as
the Debtor's legal counsel.


WALKER MACHINE: Hamm Buying Adamsville Property for $500K
---------------------------------------------------------
Walker Machine Tool Solutions, Inc., asks the U.S. Bankruptcy Court
for the Northern District of Alabama to authorize the sale of the
real property located at 1320 Adamsville Industrial Blvd.,
Adamsville, Jefferson County, Alabama, to Justin Hamm for
$500,000.

Included in the property of the estate is the Real Property.  The
Debtor proposes to sell all of the estate's right, title and
interest in the Real Property.  It hired LAH Commercial Real
Estate, LLC as its real estate, nunc pro tunc to help facilitate
the sale of the Real Property.

The Debtor received an offer from the Purchaser to purchase the
Real Property "as is" for the sum of $500,000, pursuant to the
terms of the Commercial Sale Agreement.  The sale will be free and
clear of all liens, encumbrances, leases, tenancy, occupancy or use
agreements or any managed, leasing service, operating or other
agreements of any nature.  The Purchaser proposes to close between
Dec. 15 to 17, 2020.

The Debtor is of the opinion that the aforementioned Offer of
purchase is a fair and reasonable offer for the Real Property, and
it does not believe that it will receive a higher offer if the sale
is not approved by the Court.  As the estate has full interest in
the Real Property, the estate will receive the full amount of the
equity; likewise, the estate will bear the costs associated with
the sale of the Real Property.

Objection to the sale, if any, must be filed five business days
before the date set for the hearing on the Motion and
simultaneously be served copies on the attorney for the Debtor and
the Bankruptcy Administrator, in accordance with Fed. R. Bankr. P.
6004(b).

The Debtor asks that the Court enters an Order Confirming Sale of
the Real Property, that it be authorized to take such steps, make
such payments, and execute such documents as reasonably necessary
to implement and effectuate said sale, and that the Court grants
such further relief as may be just and equitable under the
circumstances.

A copy of the Contract is available at https://tinyurl.com/y43w467x
from PacerMonitor.com free of charge.

The Purchaser:

           Justin Hamm
           P.O. Box 608
           Bluefield, VA 24605

              About Walker Machine Tool Solutions

Walker Machine Tool Solutions, Inc., is in the machine shops
business.

Walker Machine sought Chapter 11 protection (Bankr. N.D. Ala. Case
No. 19-04553) on Nov. 5, 2019.
In the petition signed by Ron Walker or Linda Walker, president and
secretary, the Debtor disclosed total assets of $1,750,361 and
total debt of $582,993. The Debtor tapped Stuart M. Maples, Esq.,
at Maples Law Firm, PC as counsel.  LAH Commercial Real Estate,
LLC, is the real estate agent.


WEST HOUSTON: Patient Care Ombudsman Files 9th Interim Report
-------------------------------------------------------------
Susan S. Goodman, the Patient Care Ombudsman appointed for West
Houston Memory Care, LLC, submits her 9th Interim Report with the
U.S. Bankruptcy Court for the Northern District of Texas.

The PCO noted that all observed concerns during the previous visit
were responded. In particular, the PCO reported that the
replacement washing machine was received and operational less than
one week after the site visit. Further, the Executive Director
remained regularly engaged regarding staffing challenges and
approaches to ensure additional agility to respond to the last
minute staff call-offs and/or tardiness that created the situation
on the date of PCO's site visit.

During the visit, the PCO offered operational feedback relative to
gaps noted in various culinary documentation requirements, with all
appearing unrelated to the bankruptcy process. However, the
culinary team member denied challenges associated with food and dry
stock sourcing, and the equipment challenges were also denied.

The PCO will remain engaged and continue to monitor staffing and
will attempt to make another, unscheduled, site visit to confirm
the staffing improvements that have been communicated thus far.

A copy of the Ninth Report is available at https://bit.ly/37sydB5
from PacerMonitor for free.

                      About The LaSalle Group

The LaSalle Group, Inc., along with certain of its subsidiaries,
designs, develops, builds, and owns interests in memory care
assisted living communities designed specifically for people with
Alzheimer's and other forms of dementia.  The communities operate
under the name Autumn Leaves.
LaSalle, a holding company, directly and indirectly owns interests
in 40 memory care assisted living communities located in Texas,
Illinois, Georgia, Florida, Kansas, Missouri, Oklahoma, South
Carolina, and Wisconsin.

LaSalle and its subsidiaries sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 19-31484) on
May 2, 2019. At the time of the filing, the Debtors estimated
assets of between $10 million and $50 million and liabilities of
the same range.

The cases are assigned to Judge Stacey G. Jernigan.

The Debtors tapped Crowe & Dunlevy, P.C. as their legal counsel;
Haynes and Boone, LLP as special counsel; Karen Nicolaou of Harney
Partners Management, LLC as chief restructuring officer; and
Donlin, Recano & Company, Inc. as claims and noticing agent.

The Office of the U.S. Trustee appointed a committee of unsecured
creditors on July 3, 2019. The committee is represented by Drinker
Biddle & Reath LLP.

                       De-consolidated Cases

West Houston Memory Care, LLC, sought Chapter 11 protection (Bankr.
N.D. Tex. Case No. 19-31485) on May 19, 2020.  The case was jointly
administered under In re The LaSalle Group, Inc. (Bankr. N.D. Tex.
Case No. 19-31484).

On Feb. 28,  2020,  the  court entered  an  Order Confirming
Chapter  11  Plan of Liquidation for two of the Debtors: Cinco
Ranch Memory Care, LLC and Pearland Memory Care, LLC.  On March
26,  2020, the court entered an order granting the motion to
dismiss Riverstone Memory Care, LLC's case.  On Sept. 16, 2020, the
court entered an Order Granting Motion to Convert The LaSalle
Group, Inc.'s case, thereby leaving one Debtor-in-Possession: West
Houston Memory Care, LLC.

The Court, on Oct. 15, 2020, having taken notice that there is no
longer administrative convenience  in  jointly  administering the
bankruptcy cases for procedural purposes, de-consolidated the
following cases to be administered individually:  The LaSalle
Group, Inc. (Case No. 19-31484), West Houston Memory Care, LLC
(Case No. 19-31485) Cinco Ranch Memory Care (Case No. 19-31486) and
Pearland Memory Care, LLC.


WHITE STALLION: Case Summary & 30 Largest Unsecured Creditors
-------------------------------------------------------------
Lead Debtor: White Stallion Energy, LLC
             250 Cross Pointe Boulevard
             Evansville, IN 47715

Business Description:     White Stallion Energy, LLC was founded
                          in February 2010 for the purpose of
                          developing and operating surface
                          mining complexes in Indiana and
                          Illinois and subsequently grew through
                          a series of strategic acquisitions.
                          Prior to the Petition Date, the
                          Debtors operated six high-quality,
                          low-cost thermal surface mines in
                          Indiana and Illinois with
                          approximately 200 million tons of
                          demonstrated reserves.  In addition to
                          supplying coal to its key customer,
                          the Debtors have other long-standing
                          relationships with utility customers,
                          which have been strengthened by the
                          Debtors' value-added services, such as
                          ash disposal and coal blending
                          services.

Chapter 11 Petition Date: December 2, 2020

Court:                    United States Bankruptcy Court
                          District of Delaware

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

    Debtor                                     Case No.
    ------                                     --------
    White Stallion Energy, LLC (Lead Debtor)   20-13037
    Alchemy Fuels, LLC                         20-13038
    Carbo*Prill, LLC                           20-13039
    Chili Pepper Mine, LLC                     20-13040
    Friendsville Mine LLC                      20-13041
    Liberty Mine, LLC                          20-13042
    Red Brush West, LLC                        20-13043
    Solar Sources Mining, LLC                  20-13044
    Trust Resources, LLC                       20-13045
    Vigo Coal Land, LLC                        20-13046
    Vigo Coal Operating Co., LLC               20-13047
    Vigo Coal Sales, LLC                       20-13048
    Vigo Cypress Mine LLC                      20-13049
    Vigo Equipment, LLC                        20-13050
    Vigo Sunna, LLC                            20-13051
    White Stallion – Eagle River, LLC          20-13052
    White Stallion – Solar, LLC                20-13053
    White Stallion Acquisition, LLC            20-13054
    White Stallion Holdings, LLC               20-13055

Judge:                    Hon. Laurie Selber Silverstein

Debtors'
General
Bankruptcy
Counsel:                  Chris L. Dickerson, Esq.  
                          Nathan S. Gimpel, Esq.
                          Mike Jones, Esq.
                          Matthew Smart, Esq.
                          PAUL HASTINGS LLP
                          71 South Wacker Drive, Suite 4500
                          Chicago, Illinois 60606
                          Tel: (312) 499-6000
                          Fax: (312) 499-6100
                          Email: nathangimpel@paulhastings.com
                                 chrisdickerson@paulhastings.com
                                 michaeljones@paulhastings.com
                                 matthewsmart@paulhastings.com

                             - and -

                          Todd M. Schwartz, Esq.
                          PAUL HASTINGS LLP
                          1117 South California Avenue
                          Palo Alto, California 94304
                          Tel: (650) 320-1800
                          Fax: (650) 320-1900
                          Email: toddschwartz@paulhastings.com
Debtors'
Local
Bankruptcy
Counsel:                  M. Blake Cleary, Esq.
                          Jaime Luton Chapman, Esq.
                          S. Alexander Faris, Esq.  
                          YOUNG CONAWAY STARGATT & TAYLOR, LLP
                          Rodney Square
                          1000 North King Street
                          Wilmington, Delaware 19801
                          Tel: (302) 571-6600
                          Fax: (302) 571-1253
                          Email: mbcleary@ycst.com
                                 jchapman@ycst.com
                                 afaris@ycst.com

Debtors'
Financial
Advisor:                  FTI CONSULTING, INC.

Debtors'
Claims Agent
& Administative
Advisor:                  PRIME CLERK LLC
                       https://cases.primeclerk.com/WhiteStallion

Estimated Assets
(on a consolidated basis): $100 million to $500 million

Estimated Liabilities
(on a consolidated basis): $100 million to $500 million

The petitions were signed by David J. Beckman, authorized officer.

A copy of White Stallion's petition is available for free at
PacerMonitor.com at:

https://www.pacermonitor.com/view/3TZYLVI/White_Stallion_Energy_LLC__debke-20-13037__0001.0.pdf?mcid=tGE4TAMA

List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. MacAllister Machinery Co. Inc.       Trade          $10,441,159
Attn: Presudent or General Counsel
Dept 78731
PO Box 78000
Detroit, MI 48278-0731
TEl: 317-545-2151
Fax: 317-860-3310
Email: credit@macallister.com

2. Old National Bank                 Bank Loans        $10,064,818
Attn: 111 - Paycheck
Protection Program
1 Main St.
Evansville, IN 47708
Tel: 800-731-2265
Fax: 812-464-1551
Email: jennifer.gilbert@oldnational.com

3. Synenergy Partners LLC              Trade            $6,834,844
Attn: Chris Cash
PO Box 545
Vernon, MT 47620
Tel: 812-838-4468
Fax: 812-838-8308
Email: jowens@synenergypartners.com

4. Warex                               Trade            $4,237,404
Attn: President or General Counsel
PO Box 310
Boonville, IN 47601
Tel: 812-473-6066
Fax: 812-477-8381
Email: bobjameswarex@aol.com

5. Caterpillar Financial               Trade            $1,852,038
Ser Corp
Attn: David Walton
PO Box 730681
Dallas, TX 75373-0681
Tel: 615-341-1000
Fax: 615-341-115
Email: nabc.customerservice@cat.com

6. Whayne Supply Co                    Trade            $1,624,760
Attn: Monty Boyd,
Founder & CEO
Beverly Knear
dba Boyd Company
10001 Linn Station Rd
Louisville, KY 40223
Tel: 502-774-4441
Fax: 502-778-2296
Email: beverly_knear@whayne.com

7. Smith-Manus                      Professional        $1,611,897
Attn: Brook Smith                     Services
2307 River Road, Suite 200
Louisville, KY 40206-5005
Tel: 800-235-9347
     502-636-9191
Fax: 502-636-5328
Email: info@smithmanus.com;
bsmith@smithmanus.com

8. Hawkins Bailey WHSE Inc.             Trade           $1,601,471
Attn: Randy Hawkins &
Damon Bailey
1101 12th Street Ste A
Bedford, IN 47421
Tel: 812-275-8888
Fax: 812-278-9999
Email: HEATHHAWKINS@HAWKINS‐
BAILEY.COM; BOBYOUNG@HAWKINS‐
BAILEY.COM

9. Rudd Equipment Co.                   Trade           $1,341,584
Attn: Tim Murphy
Branch Vice President
Dept 77432
PO Box 77000
Detroit, MI 48277
Tel: 502-456-4050
Fax: 502-458-2515
Email: cniemeier@ruddequipment.com

10. Cummins Sales and Service           Trade           $1,305,400
Attn: Tony S. President & COO
75 Remittance Drive
Suite 1701
Chicago, IL 60675-1701
Tel: 812-377-5000
Fax: 317-240-1215
Email: kenneth.hurst@cummins.com

11. Connell Equip Leasing               Trade           $1,206,375
Attn: President or General Counsel
300 Connell Drive
Berkele Heights, NJ 07922
Tel: 908-673-3700
Fax: 908-673-3800
Email: lalevee@connellco.com

12. Kohmatsu Financial Limited          Trade           $1,045,222
Partnership
Attn: Jason Lee
8770 W Bryn Mawr Avenue
Suite 100
Chicago, IL 60631
Tel: 847-437-3330
Fax: 847-437-3199
Email: jholtz@kohmatsuna.com

13. C&M Gian Tire, LLC                  Trade           $1,005,056
Attn: President or General Counsel
980 W New Circle Rd
Lexington, KY 40511
Tel: 859-281-1320
Fax: 812-674-2369
Email: rusty@cmgianttire.com

14. Onyett Fabricators Inc.             Trade             $858,931
Attn: Robert Onyett, President
3377 North State Road 57
Petersburg, IN 47567
Tel: 812-354-8899
Fax: 812-354-8877
Email: thensler@onyettfab.com

15. Brandeis Machinery and Supply       Trade             $647,173
Attn: Michael Brennan, CEO
Department 8013
Carol Stream, IL 60122-8013
Tel: 502-493-4380
Fax: 502-499-3180
Email: michael_brennan@bramco.com

16. Custom Staffing Services         Professional         $602,379
Attn: President or General Counsel     Services
1820 N. Green River Road
Evansville, IN 47715
Tel: 812-474-7400
Fax: 812-474-7411
Email: ehigginson@customstaffingservices.com

17. Brake Supply Company                 Trade            $517,690
Attn: President or General Counsel
4280 Paysphere Circle
Chicago, IL 60674
Tel: 812-452-3831
Fax: 812-759-6703
Email: jhickman@brake.com

18. Bowman Family Holdings           Royalty/Trade        $433,456
Attn: Jackie B. Ponder
6755 Gray Rd
Indianapolis, IN 46237
Tel: 317-691-8903
Email: jbponder@bfhinc.com

19. John Fabick Tractor Co.              Trade            $430,718
Attn: President or General Counsel
1 Fabick Dr.
Fenton, MO 63026-2986
Tel: 636-343-5900
Fax: 636-680-1550
Email: michael.malone@fabickcat.com

20. Dubois County Treasurer           Property Tax        $428,672
Attn: Cathy L. "Kitty"
Merkley, County Treasurer
1 Courthouse Sq, RM 105
Jasper, IN 47546
Tel: 812-481-7080
Email: treasurer@duboiscountyin.org

21. Daviess County Treasurer          Property Tax        $372,805
Attn: Elaine Wellman, Treasurer
200 E. Walnut Street, Room 103
Washington, IN 47501
Tel: 812-254-8677
Fax: 812-254-8654
Email: treasurer@daviess.org

22. Coal Sales Ventures Inc.           Professional       $326,529
Attn: President or General Counsel       Services
488 Magnolia Vale Dr.
Chattanooga, TN 37419
Tel: 423-903-8887
Fax: 423-822-7592
Email: Steve_hicks@comcast.net

23. GIBCO Motor Express LLC                Trade          $325,096
Attn: President or General Counsel
5130 Vogal Road
Evansville, IN 47715
Tel: 812-759-2200
Fax: 812-473-2517
Email: LMeeks@gibcomotorexpress.com

24. SNF Mining Inc.                        Trade          $303,381
Attn: President or General Counsel
PO Box 405655
Atlanta, GA 30384-5655
Tel: 606-432-1535;
     606-835-9143
Fax: 606-437-0563
Email: remittance@snfhc.com

25. Rock Creek LLC                     Professional       $262,666
Attn: Thomas A. Belles, Senior           Services
Partner
PO Box 444
Harrisburg, IL 62946
Tel: 202-333-8140
Fax: 202-424-7654
Email: info@rockcreekdc.com

26. Extreme Welding & Machine              Trade          $218,548
Attn: Ardon Smith
1506 US Hwy 45 N
Eldorado, IL 62930
Tel: 618-272-7237
Email: extreme_weld@yahoo.com

27. Xylem Dewatering Solutions             Trade          $205,692
Attn: President or General Counsel
26717 Network Place
Chicago, IL 60673-1267
Tel: 707-422-9894
Fax: 707-422-9808
Email: priyadarshini.v@xyleminc.com

28. All Type Hydraulic                     Trade          $185,890
Attn: C.R. Tucker
12836 Hwy 57
Evansville, IN 47725
Tel: 800-457-3160
Fax: 812-867-7401
Email: cr.tucker@tuckerhyd.com

29. Mega Highwall Mining                   Trade          $182,775
Attn: President or General Counsel
12081 Virginia Boulevard
Ashland, KY 41102
Tel: 800-227-1960
Fax: (606) 929-5513
Email: ckitchell@sdhg.com

30. Barnes & Thornburg LLP             Professional       $169,118
Attn: Steven Thornton                    Services
Attn: President or General Counsel
11 S Meridian Street
Indianapolis, MN 46204-3535
Tel: 317-236-1313
Fax: 317-231-7433
Email: steve.thornton@btlaw.com


WHITNEY HARRIS: Pharmacy Closing After Bankruptcy Filing
--------------------------------------------------------
Jack Weatherly of Mississippi Business Journal reports that the
District Drugs and Mercantile, an independent pharmacy that opened
in February 2020 in the District at Eastover in Jackson, has closed
its doors.

The pharmacy's owner, Whitney Harris, has filed for Chapter 11
bankruptcy protection.

The future for the pharmacy is uncertain, but Harris is "trying to
relocate," according to R. Michael Bolen, her attorney, who
declined to comment further.

Chapter 11 status, if granted, allows for reorganization of debt,
working with creditors.

Harris earned her doctorate in community pharmacy at the University
of Tennessee at Memphis School of Pharmacy.

She worked at Beemon Drugs in Maywood Mart on Northside Drive for
four and one-half years.

Lester Hailey closed Beemon Drugs in June 2019 after 63 years and
retired, selling his accounts to CVS.

Eight months later, Harris achieved her goal of owning her own
pharmacy.

She found a home in the District at Eastover and hired Wier Boerner
Allin Architects to design the space to look like Beemon's.

She hired nine employees and opened, drawing most of the former
customers of Beemon's.

But the dream ended last month.

Now there is a sign at the pharmacy announcing "City Center Drugs
Coming in 2021."

"Serving customers now via delivery from our sister location,"
Flora Pharmacy, which can be reached at 601-401-5060.

Flora Pharmacy will open City Center Drugs in the old District
Drugs location, according to Whitney Watkins, manager of Flora
Pharmacy.

Watkins said that the pharmacy may open as early as January, and
that arrangements are also being made for pickups from the former
District Drugs location.

Those would be made between 2 p.m. and 3 p.m. Monday through
Friday. After 3 p.m., the pharmacy would make deliveries, according
to Creighton Hardy, who, with his wife, Mary Beth Hardy, a
pharmacist, are owners.

Breck Hines, co-developer of the District Land Development Co.,
welcomed the new tenant, saying: "We always thought that the
District at Eastover was a good fit for
a hometown pharmacy."

                  About Whitney Harris Drugs

District Drug and Mercantile is an independently owned pharmacy.

Whitney Harris Drugs, Inc., which conducts business under the name
District Drugs & Mercantile in Jackson, Miss., sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Miss. Case No.
20-02760) on November 6, 2020.

At the time of the filing, Debtor had estimated assets and
liabilities of less than $50,000.

Hood & Bolen, PLLC is the Debtor's legal counsel.


YOUFIT HEALTH: Law Firm of Russell Represents Utility Companies
---------------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the Law Firm of Russell R. Johnson III, PLC submitted a verified
statement that it is representing the utility companies in the
Chapter 11 cases of YouFit Health Clubs, LLC.

The names and addresses of the Utilities represented by the Firm
are:

     a. Salt River Project
        Attn: Breanna Holmes/ISB 232
        2727 E. Washington St.
        P.O. Box 52025
        Phoenix, AZ 85072-2025

     b. Baltimore Gas and Electric Company
        Attn: Lynn R. Zack, Esq.
        Assistant General Counsel
        Exelon Corporation
        2301 Market Street, S23-1
        Philadelphia, PA 19103

     c. Tampa Electric Company
        TECO Peoples Gas System
        Attn: Barbara Taulton FRP, CAP
        Florida Registered Paralegal
        Tampa Electric Company
        702 N. Franklin Street
        Tampa, FL 33602

     d. Virginia Electric and Power Company
        d/b/a Dominion Energy Virginia
        Attn: Sherry Ward
        600 East Canal Street, l0th floor
        Richmond, VA 23219

     e. Florida Power & Light Company
        Attn: Gloria Lopez
        Revenue Recovery Department RRD/LFO
        4200 W. Flagler St.
        Coral Gables, Florida 33134

     f. Georgia Power Company
        Attn: Daundra Fletcher
        2500 Patrick Henry Parkway
        McDonough, Georgia 30253

The nature and the amount of claims 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:
Baltimore Gas and Electric Company, Tampa Electric Company, TECO
Peoples Gas System, Virginia Electric and Power Company d/b/a
Dominion Energy Virginia and Florida Power & Light Company.

     b. Georgia Power Company and Salt River Project held
prepetition cash deposits that secured all prepetition debt.

     c. For more information regarding the claims and interests of
the Utilities in these jointly-administered cases, refer to the
Objection of Certain Utility Companies To the Motion of Debtors For
Entry of Interim and Final Orders (A) Prohibiting Utility Providers
From Discontinuing, Altering or Refusing Services; (B) Deeming
Utility Providers Adequately Assured of Future Performance; (C)
Establishing and Approving Procedures For Determining Assurance of
Payment; and  (D) Granting Related Relief (Docket No. 124) filed in
the above-captioned, jointly-administered, bankruptcy cases.

The Law Firm of Russell R. Johnson III, PLC was retained to
represent the foregoing Utilities in November 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:

          Russell R. Johnson III, Esq.
          LAW FIRM OF RUSSELL R. JOHNSON III, PLC
          2258 Wheatlands Drive
          Manakin-Sabot, VA 23103
          Telephone: (804) 749-8861
          Facsimile: (804) 749-8862
          E-mail: russell@russelljohnsonlawfirm.com

A copy of the Rule 2019 filing, downloaded from PacerMonitor.com,
is available at https://bit.ly/3oaMkSm

                    About YouFit Health Clubs

YouFit Health Clubs, LLC, and its affiliates own and operate 85
fitness clubs in the states of Alabama, Arizona, Florida, Georgia,
Louisiana, Maryland, Pennsylvania, Rhode Island, Texas, and
Virginia. Visit https://www.youfit.com for more information.

On Nov. 9, 2020, YouFit Health Clubs and its affiliates sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 20-12841).
YouFit was estimated to have $50 million to $100 million in assets
and $100 million to $500 million in liabilities as of the filing.

The Hon. Mary F. Walrath is the case judge.

The Debtors tapped Greenberg Traurig LLP as its bankruptcy counsel,
FocalPoint Securities LLC as investment banker, Red Banyan Group
LLC as communications consultant, and Hilco Real Estate LLC as real
estate advisor.  Donlin Recano & Company Inc. is the claims agent.


[*] EPIQ: Predictions for Bankruptcies in 2021
----------------------------------------------
Epiq wrote an article on JDSupra titled "Predictions for
Bankruptcies in 2021."

The U.S. economy has experienced a tumultuous year in 2020.
COVID-19 has caused businesses and individuals alike to turn to
bankruptcy in order to keep their creditors at bay. Others have
delayed filing because they have been able to take advantage of
pandemic relief options made available this year. Individuals have
been helped by stimulus checks, pandemic unemployment benefits, as
well as the ability to defer mortgage and student loan payments,
all made available through the CARES Act.

Relief aid has allowed many to delay a bankruptcy filing and
projections indicate that this 2021 individual bankruptcies will be
the lowest since 1985 (around 560,000) but that number could soar
to over a million in 2021 once relief options expire, as cited by
the Wall Street Journal. Businesses have also been seeking stimulus
aid and have received assistance through the Paycheck Protection
Program (PPP). However, numerous small businesses have been shut
out of these protection programs and have started the restructuring
process through bankruptcy or made the hard choice to liquidate and
close their doors. Many of these relief programs are set to expire
at the end of 2020, so tough decisions will have to be made in
2021.

What Businesses are Suffering the Most?

In assessing the economic impact of the pandemic, some industries
were hit harder than others. For organizations that were already
struggling prior to the pandemic, this economic downturn has been
the final chapter. One of the industries that were in distress
prior to the pandemic is the energy sector. Mass shutdowns in early
2020 caused the price of oil per barrel to plummet to unprecedented
lows, resulting in many energy companies being unable to pay off
debt. So far this 2020, over 70 energy companies have already filed
for Chapter 11 bankruptcy protection. Other industries greatly
impacted include retail, restaurant chains, travel, and
hospitality. While some businesses in these industries are starting
to recover, or have found creative ways to keep driving revenue
this year, many have been unsuccessful and will need to explore
restructuring options or liquidate as the year comes to an end.
This is especially true for those that were already distressed
pre-pandemic.

Forecasting 2021 Trends

Based upon the current unemployment figures and the delay in
additional stimulus relief, the following four bankruptcy trends
are likely to emerge in 2021.

An increase in Chapter 7 filings for both individuals and
businesses when benefits and enhancements expire at year end.
During the pandemic, individual bankruptcy filings have remained
low due to stimulus checks, unemployment assistance, student loan
deference, moratoriums on evictions, and other temporary financial
reliefs. These relief measures are set to expire at the end of
2020. If they are not extended or are substantially reduced, the
likelihood of increased Chapter 7 filings for individuals is high.

Additionally, businesses that have stayed in operation due to the
PPP will be at greater risk of needing bankruptcy protections. If
the loans provided by the PPP expire or are not renewed at the same
levels, the results will undoubtedly affect the livelihood of many
businesses and spur a wave of commercial bankruptcies. Further,
businesses that cannot afford reorganization will need to sell
their assets off and liquidate completely.

An increase in Chapter 11 commercial filings, which have already
seen an increase this year. This prediction applies to both
traditional Chapter 11 and Subchapter V classifications, especially
after PPP loans expire and some businesses cannot fulfill the
conditions needed to obtain loan forgiveness. The recently enacted
Small Business Reorganization Act has become a way for struggling
small businesses to take advantage of a smaller and efficient type
of Chapter 11 bankruptcy. the Subchapter V option. There have
already been over 1,000 Subchapter V filings in 2020. Notable
features of Sub V includes one-step confirmation without
requirements for administrative fees to be paid up-front, ability
to spread debt over three to five years and pay off creditors, and
automatic appointment of a trustee that helps create a plan to
settle outstanding debts while still leaving management to the
business owner. There is also a temporary increase in the debt
ceiling up to $7.5 million, which expires on March 27 of next
year.

If there is no more aid extended, anticipate a rise in healthcare
industry filings. In 2020, the healthcare sector had a slowdown in
bankruptcy filings as government stimulus aid has allowed these
critical businesses to continue to operate. However, without an
infusion of funds in 2021, many hospitals and other healthcare
companies will be forced to assess options which may include
bankruptcy. Due to a rise in the cost of care and lower
reimbursement rates, the healthcare industry has been distressed
for past few years. Without continued aid from the government, many
healthcare facilities will struggle keep their doors open next
year, 2021.

Some businesses will deploy creative methods to navigate the
pandemic and find ways to avoid filing for bankruptcy. Restaurants
and grocery stores have made significant investments into delivery
and curbside services to keep revenue flowing. Small retailers have
created or increased their online presence and marketing efforts to
bring in additional revenue and avoid liquidation. More innovative
methods, like virtual dining kits or free sidewalk delivery, will
emerge as the pandemic ensues and companies attempt to stay afloat.
Unfortunately, some will not have the financial resources or
business savvy to successfully execute these changes and will need
to explore bankruptcy benefits.

What's Next?

2020 has been unusual for bankruptcy filings, which can be directly
attributed to the effects of the pandemic and the federal
government's stimulus response. On one end of the spectrum,
bankruptcies slowed for both individuals and some commercial
businesses because they received needed government aid. On the
other side of the spectrum, commercial bankruptcies increased in
certain industries, especially energy, retail and casual dining. As
aid runs out and 2021 approaches, those holding off on bankruptcy
decisions will soon start running out of options.

For 2021 however, individual filings are expected to soar.
Entertainment and recreational businesses that cater to large
groups will need to figure out creative ways to stay afloat or they
will be forced to restructure. Recovery will likely be slow in the
energy sector since demand for oil will likely remain flat and
supply will continue to outpace demand. Healthcare companies will
need to explore their options as the financial reality sets in
without more stimulus relief. More small businesses will begin
using Subchapter V protections. All of these considerations should
arise in the new year, which will make consulting with legal and
financial bankruptcy professionals a crucial component to
transitioning into this new economy and our post-COVID environment.


[^] BOOK REVIEW: The First Junk Bond
------------------------------------
Author:     Harlan D. Platt
Publisher:  Beard Books
Softcover:  236 pages
List Price: $34.95
Review by Gail Owens Hoelscher

Order your personal copy today and one for a colleague at
http://www.beardbooks.com/beardbooks/the_first_junk_bond.html

Only one in ten failed businesses is equal to the task of
reorganizing itself and satisfying its prior debts in some fashion.
This engrossing book follows the extraordinary journey of Texas
International, Inc (known by its New York Stock Exchange stock
symbol, TEI), through its corporate growth and decline, debt
exchange offers, and corporate renaissance as Phoenix Resource
Companies, Inc. As Harlan Platt puts it, TEI "flourished for a
brief luminous moment but then crashed to earth and was consumed."
TEI's story features attention-grabbing characters, petroleum
exploration innovations, financial innovations, and lots of risk
taking.

The First Junk Bond was originally published in 1994 and received
solidly favorable reviews. The then-managing director of High Yield
Securities Research and Economics for Merrill Lynch said that the
book "is a richly detailed case study. Platt integrates corporate
history, industry fundamentals, financial analysis and bankruptcy
law on a scale that has rarely, if ever, been attempted." A retired
U.S. Bankruptcy Court judge noted, "(i)t should appeal as
supplementary reading to students in both business schools and law
schools. Even those who practice.in the areas of business law,
accounting and investments can obtain a greater understanding and
perspective of their professional expertise."

"TEI's saga is noteworthy because of the company's resilience and
ingenuity in coping with the changing environment of the 1980s, its
execution of innovative corporate strategies that were widely
imitated and its extraordinary trading history," says the author.
TEI issued the first junk bond. In 1986 it achieved the largest
percentage gain on the NYSE, and in 1987 suffered the largest
percentage loss. It issued one of the first bonds secured by a
physical commodity and then later issued one of the first PIK
(payment in kind) bonds. It was one of the first vulture investors,
to be targeted by vulture investors later on. Its president was
involved in an insider trading scandal. It innovated strip
financing. It engaged in several workouts to sell off operations
and raise cash to reduce debt.  It completed three exchange offers
that converted debt in to equity.

In 1977, TEI, primarily an oil production outfit, had had a
reprieve from bankruptcy through Michael Milken's first ever junk
bond. The fresh capital had allowed TEI to acquire a controlling
interest of Phoenix Resources Company, a part of King Resources
Company. TEI purchased creditors' claims against King that were
subsequently converted into stock under the terms of King's
reorganization plan. Only two years later, cash deficiencies forced
Phoenix to sell off its nonenergy businesses. Vulture investors
tried to buy up outstanding TEI stock. TEI sold off its own
nonenergy businesses, and focused on oil and gas exploration. An
enormous oil discovery in Egypt made the future look grand. The
value of TEI stock soared. Somehow, however, less than two years
later, TEI was in bankruptcy. What a ride!

All told, the book has 63 tables and 32 figures on all aspects of
TEI's rise, fall, and renaissance. Businesspeople will find
especially absorbing the details of how the company's bankruptcy
filing affected various stakeholders, the bankruptcy negotiation
process, and the alternative post-bankruptcy financial structures
that were considered. Those interested in the oil and gas industry
will find the book a primer on the subject, with an appendix
devoted to exploration and drilling, and another on oil and gas
accounting.

Harlan Platt is professor of Finance at Northeastern University. He
is president of 911RISK, Inc., which specializes in developing
analytical models to predict corporate distress.


                            *********

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

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

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

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

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

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

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

                            *********

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

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2020.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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.

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are $25 each.  For subscription information, contact Peter A.
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                   *** End of Transmission ***