/raid1/www/Hosts/bankrupt/TCR_Public/210508.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, May 8, 2021, Vol. 25, No. 127

                            Headlines

DEAN FOODS: Reports $1.37 Million Net Income in February
GARRETT MOTION: Reports $61.50 Million Net Loss in February

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DEAN FOODS: Reports $1.37 Million Net Income in February
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Southern Foods Group, LLC dba Dean Foods, filed with the U.S.
Securities and Exchange Commission its monthly operating report for
February 2021.

The Debtor's statement of operations showed a net income of $1.37
million for February.

As of February 28, 2021, the Debtor listed $391.05 million in total
assets, $1,131.47 million in total liabilities, and $740.42 million
in total shareholders' deficit.

At February 1, 2021, the Debtor had $144.37 cash.  It listed total
receipts of $3.76 million and total disbursements of $31.21
million.  The Debtor had $116.92 million cash at February 28, 2021.


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

                  https://bit.ly/3aoX371

                About Southern Foods Group

Southern Foods Group, LLC, which conducts business under the name
Dean Foods, is a food and beverage company and a processor and
direct-to-store distributor of fresh fluid milk and other dairy and
dairy case products in the United States.  

Southern Foods and its affiliates filed for bankruptcy protection
on Nov. 12, 2019 (Bankr. S.D. Texas, Lead Case No. 19-36313). The
petitions were signed by Gary Rahlfs, senior vice president and
chief financial officer. Judge David Jones presides over the
cases.

Debtors posted estimated assets and liabilities of $1 billion to
$10 billion.

Debtors have tapped David Polk & Wardell LLP as general bankruptcy
counsel, Norton Rose Fulbright US LLP as local counsel, Alvarez
Marsal as financial advisor, Evercore Group LLC as investment
banker, and Epiq Corporate Restructuring LLC as notice and claims
agent.

The Office of the U.S. Trustee appointed creditors to serve on the
official committee of unsecured creditors on Nov. 22, 2019.  The
committee is represented by Philip C. Dublin, Esq., at Akin Gump
Strauss Hauer & Feld LLP.



GARRETT MOTION: Reports $61.50 Million Net Loss in February
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Garrett Motion Inc., et al., filed with the U.S. Securities and
Exchange Commission their monthly operating report for February
2021.

The Debtors' statement of operations reflected a net loss of $61.50
million on $477.90 million of net sales for the month.

As of February 27, 2021, the Debtors listed $1.98 billion in
consolidated total assets, $4.79 billion in consolidated total
liabilities, and -$2.81 billion in consolidated total shareholders'
equity.

They listed total receipts of $169.71 million and total
disbursements of $253.54 million for the month.

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

                    https://bit.ly/3as3bvy  

                     About Garrett Motion

Based in Switzerland, Garrett Motion Inc. (NYSE: GTX) designs,
manufactures, and sells highly engineered turbocharger and
electric-boosting technologies for light and commercial vehicle
original equipment manufacturers and the global vehicle and
independent aftermarket.

Garrett Motion and its affiliates sought Chapter 11 protection
(Bankr. S.D.N.Y. Lead Case No. 20-12212) on September 20, 2020.
Garrett disclosed $2.066 billion in assets and $4.169 billion in
liabilities as of June 30, 2020.

The Debtors tapped Sullivan & Cromwell LLP as counsel, Quinn
Emanuel Urquhart & Sullivan LLP as co-counsel, Perella Weinberg
Partners, and Morgan Stanley & Co. LLC as investment bankers, and
AlixPartners LP as restructuring advisor. Kurtzman Carson
Consultants LLC is the claims agent.

On October 5, 2020, the U.S. Trustee for Region 2 appointed an
official committee of unsecured creditors in the Debtors' Chapter
11 cases. White & Case LLP and Conway MacKenzie, LLC, serve as the
creditors' committee's legal counsel and financial advisor,
respectively.

The U.S. Trustee also appointed an official committee to represent
equity security holders in the Debtors' cases. The equity committee
tapped Glenn Agre Bergman & Fuentes LLP as its legal counsel, MAEVA
Group LLC as a financial advisor, and Cowen and Company, LLC as an
investment banker.

Centerbridge Partners, L.P., and Oaktree Capital Management, L.P.,
as Plan Sponsors are represented in the case by Milbank as legal
counsel and Houlihan Lokey, Inc., as financial advisor.

Kirkland & Ellis is legal counsel to Honeywell, and TRS Advisors
LLC and Centerview Partners LLC are its financial advisors.

Jones Day is s legal counsel to each Additional Investor, and
Rothschild & Co. is their financial advisor.

Fried, Frank, Harris, Shriver & Jacobson LLP, is the legal counsel
and Ducera Partners LLC, is the financial advisor to The Baupost
Group, LLC.

Ropes & Gray LLP is the legal counsel, and Moelis & Co., the
financial advisor to the Consenting Noteholders.

Gibson, Dunn & Crutcher LLP, is the legal counsel and PJT Partners
LP the financial advisor to the Consenting Lenders.


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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
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Monthly Operating Reports are summarized in every Saturday edition
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then-ending.

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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2021.  All rights reserved.  ISSN: 1520-9474.

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