/raid1/www/Hosts/bankrupt/TCR_Public/210803.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, August 3, 2021, Vol. 25, No. 214

                            Headlines

122 STATE STREET: Seeks to Hire Krekeler Strother as Counsel
220 52ND STREET: Has Until Sept. 2 to Confirm Plan & Disclosures
340 BISCAYNE OWNER: Seeks to Tap Pardo Jackson Gainsburg as Counsel
AAR CORP: Egan-Jones Hikes Senior Unsecured Ratings to BB
ABRAXAS PETROLEUM: To Be Delisted From Nasdaq

AGILON ENERGY: U.S. Trustee Appoints Creditors' Committee
ALEX AND ANI: Committee Retains Cole Schotz as Counsel
ALEX AND ANI: Committee Taps Province LLC as Financial Advisor
ALGOZINE MASONRY: Wins Cash Collateral Access Thru Oct 26
ALPHA AGRICULTURAL: Trustee Taps Financial Restructuring Advisor

ALPHA LATAM: Case Summary & 30 Largest Unsecured Creditors
ALPHA LATAM: Files Ch. 11 to Facilitate Sale of Colombian Assets
AMATA LLC: Seeks Continued Cash Collateral Access
AMERICAN AIRLINES: S&P Affirms 'B-' ICR, Outlook Stable
AR TEXTILES: Bankruptcy Administrator Unable to Appoint Committee

ATI PHYSICAL: S&P Downgrades ICR to 'B-' on Lower Guidance
BGT INTERIOR SOLUTIONS: Seeks to Hire MMS as Accountant
BGT INTERIOR: U.S. Trustee Unable to Appoint Committee
BIONIK LABORATORIES: Raises $5M Through Convertible Notes Issuance
BOSTON SOLUTIONS: Seeks to Hire Rubin & Levin as Legal Counsel

BUCKINGHAM SENIOR: Seeks to Hire 'Ordinary Course' Professionals
BUCKINGHAM SENIOR: Seeks to Hire B. Riley as Financial Advisor
BUCKINGHAM SENIOR: Seeks to Hire Thompson & Knight as Counsel
BUCKINGHAM SENIOR: Taps McGuireWoods LLP as Bankruptcy Counsel
CAMBER ENERGY: Increases Viking Energy Ownership to 73%

CATSKILL DISTILLING: Amended Liquidating Plan Confirmed by Judge
CNX RESOURCES: S&P Upgrades ICR to 'BB-', Outlook Stable
COBRA INK: Seeks Access to FC Marketplace's Cash Collateral
CONGERS PHARMACY: Seeks Approval to Tap Aqeel Ghouri as Broker
CYTODYN INC: Schedules Virtual Annual Meeting for Oct. 28

D&M INVESTMENTS: Involuntary Chapter 11 Case Summary
DAKOTA TERRITORY: Gets OK to Hire Kelly G. Black as Legal Counsel
DELTA AIR: Egan-Jones Keeps B Senior Unsecured Ratings
DEP LASHES: Wins Access to SBA's Cash Collateral
DIOCESE OF ROCKVILLE: Committee Taps Ruskin as Real Estate Counsel

DYNOTEC INDUSTRIES: Seeks Cash Collateral Access Thru Nov. 12
EMINENT CYCLES: Seeks to Hire Schenk Group as Valuation Expert
ENGINEERED INVESTMENT: Rental Income & Contribution to Fund Plan
ENRAMADA PROPERTIES: To File Amended Plan & Disclosure Aug. 31
FARMACIA NUEVA: Plan of Reorganization Confirmed by Judge

GBG USA: Court Orders Company to Revamp Its Chapter 11 Loan Docs
GDC TECHNICS: Sept. 1 Plan Confirmation Hearing Set
GENERAL ELECTRIC: Egan-Jones Keeps BB+ Senior Unsecured Ratings
GENESIS HEALTHCARE: Moody's Affirms Ba2 Rating
GENOCEA BIOSCIENCES: Incurs $4.3 Million Net Loss in Second Quarter

GROM SOCIAL: Melvin Leiner Quits as CFO
GRUPO AEROMEXICO: Agrees to Mediation on Valuation Issues
GUDORF PLUMBING: Combined Plan & Disclosure Confirmed by Judge
GVS TEXAS: Wins Final Cash Collateral Access
HALLIBURTON CO: Egan-Jones Lowers Senior Unsecured Ratings to BB-

HESS MIDSTREAM: S&P Affirms 'BB+' ICR on Unit Repurchase Agreement
IEA ENERGY: Moody's Hikes CFR to B2 & Rates $300MM Unsec. Notes B3
INFRASTRUCTURE & ENERGY: Fitch Affirms 'B' LT IDRs, Outlook Stable
IRIDIUM COMMUNICATIONS: Egan-Jones Keeps B- Sr. Unsecured Ratings
JAMES HARDIE: S&P Raises ICR to 'BB+' on Sustained Low Leverage

JOHNSON & JOHNSON: Cancer Victims Oppose Two-Step Bankruptcy Ploy
KISMET ROCK: Seeks to Hire Barton Brimm as Legal Counsel
LATAM AIRLINES: Court Sends Plane Deal Conflict to Mediation
LIMETREE BAY: Limetree Terminals Enters Into Deal with AMP
MIDTOWN DEVELOPMENT: U.S. Trustee Unable to Appoint Committee

MOUNTAINEER GAS: Fitch Maintains 'BB+' LT IDR on Watch Positive
NORTHWEST BANCORPORATION: Hires Taft Stettinius as Legal Counsel
NORTHWEST BANCORPORATION: Taps Janney as Financial Advisor
NORWICH DIOCESE: U.S. Trustee Appoints Creditors' Committee
OUTLOOK THERAPEUTICS: Signs New Employment Contract With EVP, CFO

PARUSA INVESTMENT: Seeks to Hire Keen Summit as Real Estate Broker
PARUSA INVESTMENT: Taps Link & Rockenbach as Special Counsel
PARUSA INVESTMENT: Taps Underwood Murray as Bankruptcy Counsel
PARUSA INVESTMENT: Taps Wright Ponsoldt & Lozeau as Special Counsel
PG&E CORP: Reports Second-Quarter 2021 Financial Results

PIEDMONT POLYMERS: Gets Approval to Tap Gardner as Special Counsel
PLATINUM GROUP: Michael Jones Quits as President, CEO
PRECISE HOTEL: Voluntary Chapter 11 Case Summary
RADIENT TECHNOLOGIES: Delays Filing of Annual Financial Statements
RIDGETOP AG: U.S. Trustee Unable to Appoint Committee

SAVAGE ENTERPRISES: Moody's Rates New $1BB First Lien Loan 'B1'
SAVAGE ENTERPRISES: S&P Affirms 'BB-' ICR, Alters Outlook to Neg.
SD IMPORT: Wins Cash Collateral Access
SHAWN JENSEN: Seeks to Tap Forker Suter as Bankruptcy Counsel
SONOMA PHARMACEUTICALS: Inks ATM Offering Deal With H.C. Wainwright

TITAN INTERNATIONAL: Incurs $2.4 Million Net Loss in Second Quarter
U.S. TOBACCO COOPERATIVE: Taps BDO Consulting as Financial Advisor
UAL CORPORATION: Egan-Jones Keeps CCC+ Senior Unsecured Ratings
UNITED RENTALS: Moody's Rates Planned $750MM Unsecured Notes 'Ba2'
UNITED RENTALS: S&P Rates $750MM Senior Unsecured Notes 'BB'

VISTAGE INTERNATIONAL: S&P Affirms 'B' ICR, Outlook Stable
WILLCO X DEVELOPMENT: Oct. 5 Plan Confirmation Hearing Set
WIREPATH LLC: Moody's Upgrades CFR to B2 Amid Recent IPO
[*] Michael Kostecka Returns to Allen Matkins as Partner
[^] Large Companies with Insolvent Balance Sheet


                            *********

122 STATE STREET: Seeks to Hire Krekeler Strother as Counsel
------------------------------------------------------------
122 State Street Group, LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Wisconsin to employ Krekeler
Strother, SC as its legal counsel.

Krekeler Strother will render these legal services:

     (a) consult with the Debtor's professionals or representatives
about the administration of the Chapter 11 case;

     (b) prepare and review pleadings, motions and correspondence
regarding the case;

     (c) appear at and being involved in the proceedings before
this court;

     (d) advise the Debtor in its investigation of the acts,
conduct, assets, liabilities, and financial condition of the
Debtor, the operation of the Debtor's business, and any other
matters relevant to the case;

     (e) analyze the Debtor's proposed use of cash collateral and
financing;

     (f) advise the Debtor of its rights, powers and duties;

     (g) advise and assist the Debtor in the negotiation and
documentation of financing agreements, debt restructurings, cash
collateral arrangements, and related transactions;

     (h) review the nature and validity of liens asserted against
the Debtor's property and advise the Debtor concerning the
enforceability of such liens;

     (i) advise and assist the Debtor concerning the actions that
it might take to collect and recover property for the benefit of
the Debtor's estate;

     (k) prepare legal papers;

     (l) advise the Debtor concerning responses to applications,
motions, pleadings, notices and other legal papers;

     (m) counsel the Debtor in connection with any rentals outside
the ordinary course of the Debtor's business; and

     (n) perform all other necessary legal services.

The hourly rates of Krekeler Strother's counsel and staff are as
follows:

     J. David Krekeler, Shareholder           $396
     Kristin J. Sederholm, Shareholder        $280
     Associate Attorneys               $225 - $275
     Cheryl Watson, Paralegal                 $115
     Other Paralegals                 $115 or less

In addition, the firm will seek reimbursement for expenses
incurred.

Krekeler Strother received a retainer of $10,000.

Kristin Sederholm, Esq., an associate at Krekeler Strother,
disclosed in a court filing that the firm is a "disinterested
person" as defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:
     
     Kristin J. Sederholm, Esq.
     Krekeler Strother, SC
     2901 West Beltline Hwy., Suite 301
     Madison, WI 53713
     Telephone: (608) 258-8555
     Facsimile: (608) 258-8299
     Email: ksederho@ks-lawfirm.com

                    About 122 State Street Group

122 State Street Group, LLC filed a voluntary petition for relief
Chapter 11 of the Bankruptcy Code (Bankr. W.D. Wis. Case No.
21-11567) on July 26, 2021, listing $1 million to $10 million in
both assets and liabilities. Harold Langhammer, authorized member,
signed the petition. Krekeler Strother, SC serves as the Debtor's
legal counsel.


220 52ND STREET: Has Until Sept. 2 to Confirm Plan & Disclosures
----------------------------------------------------------------
Judge Elizabeth S. Stong has entred an order within which the time
for debtor 220 52nd Street, LLC, to confirm a Chapter 11 Small
Business plan of reorganization and disclosure statement shall be
extended from July 29, 2021 to and including September 2, 2021.

Debtor's Counsel:

     Alla Kachan, Esq.
     LAW OFFICES OF ALLA KACHAN, P.C.
     3099 Coney Island Avenue
     Brooklyn, NY 11235
     Telephone: (718) 513-3145

                    About 220 52nd Street LLC

220 52nd Street, LLC owns four real estate properties in New York
and California, having a total current value of $4.76 million.

220 52nd Street filed a Chapter 11 petition (Bankr. E.D.N.Y. Case
No. 19-44646) on July 30, 2019. In the petition signed by Ruslan
Agarunov, president, the Debtor disclosed $4,760,124 in assets and
$3,705,011 in liabilities.  Judge Elizabeth S. Stong oversees the
case.  The Law Offices of Alla Kachan, P.C., serves as the Debtor's
bankruptcy counsel.


340 BISCAYNE OWNER: Seeks to Tap Pardo Jackson Gainsburg as Counsel
-------------------------------------------------------------------
340 Biscayne Owner LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of Florida to employ Pardo Jackson
Gainsburg, PL as its general bankruptcy counsel.

The firm will render these legal services:

     (a) advise the Debtor with respect to its powers and duties in
the continued management and operation of its business and
properties;

     (b) attend meetings and negotiate with representatives of
creditors and other parties-in-interest and advise and consult on
the conduct of the Chapter 11 case;

     (c) advise the Debtor in connection with any contemplated
sales of assets or business combinations;

     (d) advise the Debtor in connection with post-petition
financing and cash collateral arrangements, pre-petition financing
arrangements, and emergency financing, and negotiate and draft
documents relating thereto;

     (e) advise the Debtor on matters relating to the evaluation of
the assumption, rejection or assignment of unexpired leases and
executory contracts;

     (f) advise the Debtor with respect to legal issues arising in
or relating to the Debtor's ordinary course of business;

     (g) take all necessary action to protect and preserve the
Debtor's estate;

     (h) prepare legal papers;

     (i) negotiate and prepare a plan of reorganization, disclosure
statement and all related agreements and/or documents;

     (j) attend meetings with third parties and participate in
negotiations with respect to the above matters;

     (k) advise the Debtor with respect to its responsibilities in
complying with the U.S. Trustee's Operating Guidelines and
Reporting Requirements and with the rules of the court;

     (l) appear before this court, any appellate courts, and the
U.S. Trustee, and protect the interests of the Debtor's estate
before such courts and the U.S. Trustee; and

     (m) perform all other necessary legal services and provide all
other necessary legal advice to the Debtor in connection with the
Chapter 11 case.

The firm received an initial retainer of $269,000 from the Debtor
to cover prepetition fees.

The hourly rates of Krekeler Strother's counsel and staff are as
follows:

     Linda Worton Jackson         $550
     Linsey Lovell                $400
     Attorneys            $300 to $600
     Paraprofessionals            $125

In addition, the firm will seek reimbursement for expenses
incurred.

Linda Worton Jackson, Esq., an attorney at Pardo Jackson Gainsburg,
disclosed in a court filing that the firm is a "disinterested
person" as that term is defined in Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Linda Worton Jackson, Esq.
     Linsey Marie Lovell, Esq.
     Pardo Jackson Gainsburg, PL
     200 Southeast First Street, Suite 700
     Miami, FL 33131
     Telephone: (305) 358-1001
     Facsimile: (305) 358-2001
     Email: LJackson@pardojackson.com
            LLovell@pardojackson.com

                      About 340 Biscayne Owner

340 Biscayne Owner, LLC filed its voluntary petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No.
21-17203) on July 26, 2021. Cristiane Bomeny, manager, signed the
petition. At the time of the filing, the Debtor disclosed $100
million to $500 million in assets and $10 million to $50 million in
liabilities. Pardo Jackson Gainsburg, PL, led by Linda Worton
Jackson, Esq., serves as the Debtor's legal counsel.


AAR CORP: Egan-Jones Hikes Senior Unsecured Ratings to BB
---------------------------------------------------------
Egan-Jones Ratings Company, on July 23, 2021, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by AAR Corporation to BB from BB-.

Headquartered in Wood Dale, Illinois, AAR Corporation supplies
aftermarket products and services to the global aviation and
aerospace industry.



ABRAXAS PETROLEUM: To Be Delisted From Nasdaq
---------------------------------------------
In notices from the Nasdaq Stock Market LLC dated May 11, 2021 and
July 26, 2021, Abraxas Petroleum Corporation was informed that it
is no longer in compliance with the requirements for continued
listing set forth in Nasdaq Listing Rule 5550(b).  

As previously disclosed, based on the stockholders' equity that the
Company reported in its Form 10-Q for the period ended March 31,
2021, the May 11 Notice informed the Company that it failed to
comply with the $2,500,000 stockholders' equity requirement for
continued listing set forth in Rule 5550(b)(1).  The July 26 Notice
informed the Company of its failure to comply with the alternative
continuing listing requirements set forth in Rule 5550(b)(2) and
Rule 5550(b)(3).  Specifically, the market value of the Company's
listed securities, determined as of July 21, 2021, falls below the
$35,000,000 minimum market value required by Rule 5550(b)(2), and
the net losses from continuing operations reported in the Company's
annual filings for the years ended 2018, 2019, and 2020 fail to
meet the $500,000 net income standard set forth in Rule
5550(b)(3).

As permitted by Nasdaq Listing Rule 5810(c), after receiving the
May 11 Notice, the Company submitted a plan to regain compliance.
However, as set forth in the July 26 Notice, Nasdaq notified the
Company of its determination to deny the Company's request for
continued listing on The Nasdaq Capital Market.

Pursuant to Nasdaq's determination, the trading of the Company's
Common Stock will be suspended beginning on Aug. 4, 2021, and the
Company's securities will be removed from listing and registration
on The Nasdaq Stock Market upon the filing of a Form 25-NSE with
the Securities and Exchange Commission.  Because the Company does
not intend to appeal the determination to a Nasdaq Hearings Panel,
the Company's securities may be eligible to continue to be quoted
on, and the Company is currently working on its application to, the
OTCQX Best market.  In the interim, the Company will be quoted on
the OTC "Pink Sheets."

                           About Abraxas

San Antonio, TX-based Abraxas Petroleum Corporation --
www.abraxaspetroleum.com -- is an independent energy company
primarily engaged in the acquisition, exploration, development and
production of oil and gas.

Abraxas reported a net loss of $184.52 million for the year ended
Dec. 31, 2020, compared to a net loss of $65 million for the year
ended Dec. 31, 2019.  As of Dec. 31, 2020, the Company had $157.76
million in total assets, $230.73 million in total liabilities, and
a total stockholders' deficit of $72.97 million. As of March 31,
2021, the Company had $138.30 million in total assets, $234.65
million in total liabilities, and a total stockholders' deficit of
$96.35 million.

San Antonio, Texas-based ADKF, P.C., the Company's auditor since
2020, issued a "going concern" qualification in its report dated
May 6, 2021, citing that the Company has not satisfied certain
covenants under its first lien credit facility as of Dec. 31, 2020
which represents an event of default.  Additionally, the company
does not anticipate maintaining compliance with all of its credit
facilities over the next twelve months.  These matters raise
substantial doubt about the Company's ability to continue as a
"going concern".


AGILON ENERGY: U.S. Trustee Appoints Creditors' Committee
---------------------------------------------------------
The U.S. Trustee for Region 7 appointed an official committee to
represent unsecured creditors in the Chapter 11 cases of Agilon
Energy Holdings II, LLC and its affiliates.

The committee members are:

     1. NAES Corporation
        Attention: David Minor, Associate General Counsel
        1180 NW Maple Street, Suite 200
        Issaquah, WA 98103
        Tel: (425) 961-4700
        Fax: (425) 961-4646
        E-mail: david.minor@naes.com

     2. Baker Hughes Company
        Attention: Christopher J. Ryan
        2001 Rankin Road
        Houston, TX 77073
        Tel: (713) 416-0149
        E-mail: chris.ryan@bakerhughes.com

     3. Saber Power Services, LLC
        Attention: Jessica Albin
        9841 Saber Power Lane
        Rosharon, Texas 77583
        Tel: (832) 804-6527
        E-mail: jalbin@saberpower.com
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                    About Agilon Energy Holdings

Texas-based power producer Agilon Energy Holdings II, LLC and its
affiliates, Victoria Port Power LLC and Victoria City Power LLC,
sought Chapter 11 protection (Bankr. S.D. Texas Lead Case No.
21-32156) on June 27, 2021.  At the time of the filing, Agilon had
between $100 million and $500 million in both assets and
liabilities.  

Judge Marvin Isgur oversees the cases.

Elizabeth M. Guffy, Esq., at Locke Lord, LLP, serves as the
Debtor's legal counsel.  Stretto is the claims and noticing agent.



ALEX AND ANI: Committee Retains Cole Schotz as Counsel
------------------------------------------------------
The official committee of unsecured creditors of Alex and Ani, LLC
and its affiliates seeks approval from the U.S.
Bankruptcy Court for the District of Delaware to retain the law
firm of Cole Schotz P.C. as its counsel.

The firm's services include:

     a. providing legal advice with respect to the Committee’s
powers, rights, duties, and obligations in the Chapter 11 Cases;

     b. assisting and advising the Committee in its consultations
with the Debtors regarding the administration of the Chapter 11
Cases;

     c. assisting the Committee in reviewing and negotiating terms
for unsecured creditors with respect to (i) the use of cash
collateral, (ii) the sale of the Debtors’ assets, including
negotiating bid procedures and proposed asset purchase agreements,
(iii) the confirmation of a chapter 11 plan of reorganization or
liquidation, (iv) the proposed restructuring support agreement, and
(v) other requests for relief which would impact unsecured
creditors;

     d. investigating the liens asserted by the Debtors’ lenders
and any potential causes of action against the Debtors’ lenders,
officers, and directors;

     e. advising the Committee on the corporate aspects of the
Debtors' reorganization or liquidation and the plan(s) or other
means to effect reorganization or liquidation as may be proposed in
connection therewith, and participation in the formulation of any
such plan(s) or means of implementing reorganization or
liquidation, as necessary;

     f. taking all necessary actions to protect and preserve the
estates of the Debtors for the benefit of creditors, including the
investigation of the acts, conduct, assets, liabilities, and
financial condition of the Debtors, the investigation of the prior
operation of the Debtors' businesses and the investigation and
prosecution of estate  claims, causes of action, and any other
matters relevant to the Chapter 11 Cases;

     g. preparing on behalf of the Committee all necessary motions,
applications, complaints, answers, orders, reports, papers and
other pleadings and filings in connection with the Committee's
duties in the Chapter 11 Cases;

     h. advising and representing the Committee in hearings and
other judicial proceedings in connection with all necessary
motions, applications, objections and other pleadings, and
otherwise protecting the interests of
those represented by the Committee; and

     i. performing all other necessary legal services as may be
required and authorized by the Committee that are in the best
interests of general unsecured creditors.

Cole Schotz will be paid at these rates:

     Members and Special Counsel     $410 to $1,050 per hour
     Associates                      $225 to $670 per hour
     Law Clerks                      $225 per hour
     Paralegals                      $215 to $345 per hour
     Litigation Support Specialists  $340 to $360 per hour

The firm will also be reimbursed for out-of-pocket expenses
incurred.

In response to the request for additional information set forth in
Paragraph D.1. of the Revised U.S. Trustee Guidelines, Cole Schotz
disclosed that:

     -- The firm has not agreed to any variations from, or
alternatives to, its standard or customary billing arrangements for
this engagement.

     -- None of the professionals included in the engagement vary
their rate based on the geographic location of the bankruptcy
case.

     -- The firm has not represented the committee in the 12 months
prior to the Debtors' bankruptcy filing.

     -- The committee approved the firm's budget and staffing plan
for the period of June 23, 2021 through Sept. 30, 2021.

Seth Van Aalten, Esq., a partner at Cole Schotz, disclosed in court
filings that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

Cole Schotz can be reached at:

     Seth Van Aalten, Esq.
     Sarah A. Carnes, Esq.
     Cole Schotz P.C.
     1325 Avenue of the Americas, 19th Floor
     New York, NY 10019
     Tel: (212) 752-8000
     Fax: (212) 752-8393
     Email: svanaalten@coleschotz.com
            scarnes@coleschotz.com

                      About Alex and Ani

Founded in 2004 by Carolyn Rafaelian, Alex and Ani, LLC --
http://www.alexandani.com/-- has become a premier jewelry brand,
quickly gaining popularity because of the novel and customizable
nature of its signature expandable wire bracelet. Alex and Ani has
been headquartered in East Greenwich, R.I. since 2014. Since
opening its first retail store in Newport, R.I. in 2009, Alex and
Ani has expanded to over 100 retail store locations across the
United States, Canada and Puerto Rico.

Alex and Ani and its affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 21-10918) on June 9, 2021. Robert
Trabucco, chief restructuring officer, signed the petitions. At the
time of the filing, the Debtors had between $100 million and $500
million in both assets and liabilities. Judge Craig T. Goldblatt
oversees the cases.

The Debtors tapped Kirkland & Ellis LLP as bankruptcy counsel,
Klehr Harrison Harvey Branzburg LLP as local counsel, Katten Muchin
Rosenman LLP as special counsel, and Portage Point Partners, LLC as
financial advisor and investment banker. Kurtzman Carson
Consultants LLC is the claims agent and administrative advisor.


ALEX AND ANI: Committee Taps Province LLC as Financial Advisor
--------------------------------------------------------------
The official committee of unsecured creditors of Alex and Ani, LLC
and its affiliates seeks approval from the U.S.
Bankruptcy Court for the District of Delaware to retain Province,
LLC as its financial advisor.

The firm's services include:

     a. becoming familiar with and analyzing the Debtors' cash
collateral budget, assets and liabilities, and overall financial
condition;

     b. reviewing financial and operational information furnished
by the Debtors;

     c. monitoring the sale process, reviewing bidding procedures,
stalking horse bids, asset purchase agreements, interfacing with
the Debtors' professionals, and advising the Committee regarding
the process;

     d. scrutinizing the economic terms of various agreements and
various professional retentions;

     e. analyzing the Debtors' proposed business plans and
developing alternative scenarios, if necessary;

     f. assessing the Debtors' various pleadings and proposed
treatment of unsecured creditor claims therefrom;

     g. preparing, or reviewing as applicable, avoidance action and
claim analyses, including, but not limited to, reviewing Debtors'
historical transactions with related insiders and scrutinizing
valuations for insolvency;

     h. assisting the Committee in reviewing the Debtors' financial
reports, including, but not limited to, statements of financial
affairs, schedules of assets and liabilities, cash collateral
budgets, and monthly operating reports;

     i. advising the Committee on the current state of these
chapter 11 cases;

     j. advising the Committee in negotiations with the Debtors and
third parties as necessary;

     k. if necessary, participating as a witness in hearings before
the Court with respect to matters upon which Province has provided
advice; and

     l. other activities as are approved by the Committee, the
Committee's counsel, and as agreed to by Province.

The firm's standard hourly rates are:

     Managing Directors and Principals    $740 - $1,050
     Vice Presidents, Directors,
        and Senior Directors              $520 - $740
     Analysts, Associates,
        and Senior Associates             $250 - $520
     Paraprofessionals                    $185 - $225

Sanjuro Kietlinski, managing director at Province, disclosed in
court filings that he and his firm are "disinterested" within the
meaning of Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Sanjuro Kietlinski
     Province, LLC
     2360 Corporate Circle, Suite 330
     Henderson, NV 89074
     Tel: +1 (702) 685-5555
     Email: skietlinski@provincefirm.com
            info@provincefirm.com

                      About Alex and Ani

Founded in 2004 by Carolyn Rafaelian, Alex and Ani, LLC --
http://www.alexandani.com/-- has become a premier jewelry brand,
quickly gaining popularity because of the novel and customizable
nature of its signature expandable wire bracelet. Alex and Ani has
been headquartered in East Greenwich, R.I. since 2014. Since
opening its first retail store in Newport, R.I. in 2009, Alex and
Ani has expanded to over 100 retail store locations across the
United States, Canada and Puerto Rico.

Alex and Ani and its affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 21-10918) on June 9, 2021. Robert
Trabucco, chief restructuring officer, signed the petitions. At the
time of the filing, the Debtors had between $100 million and $500
million in both assets and liabilities. Judge Craig T. Goldblatt
oversees the cases.

The Debtors tapped Kirkland & Ellis LLP as bankruptcy counsel,
Klehr Harrison Harvey Branzburg LLP as local counsel, Katten Muchin
Rosenman LLP as special counsel, and Portage Point Partners, LLC as
financial advisor and investment banker. Kurtzman Carson
Consultants LLC is the claims agent and administrative advisor.


ALGOZINE MASONRY: Wins Cash Collateral Access Thru Oct 26
---------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Indiana,
Hammond Division, has authorized Algozine Masonry Restoration, Inc.
to use cash collateral on an interim basis through October 26,
2021.

The Debtor requires the use of cash collateral to pay for operating
and administrative expenses and a carve-out for its professional
fees.

As of the Petition Date, the Debtor owed these lenders who assert a
blanket lien on all of the Debtor's assets:

   * Byline Bank, as successor to Ridgestone Bank, for $1,069,378
on account of a term loan granted to the Debtor,

   * Snap Financial for $256,946 under a revolving line of credit,

   * Kabbage Lending for $43,107,

   * Bank de Leon for $72,500 under a revolving line of credit,

   * Arch Capital for $62,950 due under a revolving line of
credit,

   * Platinum Rapid Funding for $113,000 also under a revolving
line of credit.

    * Gilco Scaffolding Co. LLC, as judgement creditor, for
$114,474

Byline Bank, as successor to Ridgestone Bank, has consented to the
use of cash collateral according to previous orders.

As adequate protection to the Creditors for the Debtor's use of
Cash Collateral:

     a. The Debtor will expend its Cash Collateral only for the
items, and in the amounts, set forth in the Budget, plus a variance
versus the Budget of up to 10% overall and for each line item;

     b. The Debtor will provide to the Cash Collateral Creditors
replacement liens on all property of the Debtor of the same type,
description and priority as the Cash Collateral Creditors'
pre-petition collateral to the extent that there is any diminution
in value of such property resulting from the Debtor's post-petition
use of such property;

     c. The post-petition security granted to the Cash Collateral
Creditors will have priority over all other claims (including but
not limited to claims pursuant to Bankruptcy Code sections 503(b),
507(a), 507(b) and 726(b)) other than United States Trustee fees,
to the extent of any diminution in value of their collateral,
subject to the Carve-Out;

     d. The Debtor will maintain insurance on all collateral of the
Cash Collateral Creditors;

     e. The Debtor will maintain and care for the Debtor's properly
post-petition in a manner consistent with the Debtor's maintenance
and care for such property pre-petition;

     f. The Debtor will provide the Cash Collateral Creditors with
monthly operating reports upon filing with the Court and the United
States Trustee;

     g. The Debtor will permit the Cash Collateral Creditors, or
their representatives, to have access to any of the Debtor's
premises, on reasonable prior notice, to inspect the Debtor's books
and records and the Cash Collateral Creditors' collateral;

     i. The Debtor will pay to Byline Bank $2,800 on July 30, 2021
and $2,500 on August 30, 2021, and $2, 500 September 30, 2021  as
adequate protection.

A Pre-Trial Status Conference on the Cash Use Motion is scheduled
for October 19 at 1:30 pm.

A copy of the order and the Debtor's three-month budget is
available at https://bit.ly/3fbzX6r from PacerMonitor.com.

The Debtor projects 110,000 in total sales and $64,865 in total
general and administrative expenses for the first month.

                About Algozine Masonry Restoration

Algozine Masonry Restoration, Inc., filed a Chapter 11 petition
(Bankr. N.D. Ind. Case No. 16-23208) on Nov. 10, 2016.  In the
petition signed by David A. Algozine, vice president, the Debtor
disclosed total assets at $217,951 and total liabilities at $3.11
million.  The Debtor is represented by Allan O. Fridman, Esq., at
the Law Office of O. Allan Fridman.

Judge James R. Ahler oversees the case.

The Debtor filed an Amended Plan and Disclosure Statement in
January 2021.



ALPHA AGRICULTURAL: Trustee Taps Financial Restructuring Advisor
----------------------------------------------------------------
Iana A. Vladimirova, the Subchapter V trustee appointed in the
Chapter 11 case of Alpha Agricultural Builders, Inc., seeks
approval from the U.S. Bankruptcy Court for the Northern District
of Illinois to employ Newport Advisors Corporation as financial
restructuring advisor.

Newport Advisors will render these services:

     (a) assist with the preparation of reporting required by the
Bankruptcy Code, Office of the United States Trustee or secured
creditors; and

     (b) assist with the preparation of financial projections and
statements to be included with a plan of reorganization.

The firm's professionals will charge $250 per hour for their
services, plus reimbursement for expenses incurred.

Matthew Brash, a senior managing director at Newport Advisors,
disclosed in a court filing that the firm is a "disinterested
person" as that term is defined in Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:
   
     Matthew Brash
     Newport Advisors Corporation
     1320 Tower Road
     Schaumburg, IL 60173
     Telephone: (847) 404-7845
     Email: mbrash@newpointadvisors.us

                 About Alpha Agricultural Builders

Alpha Agricultural Builders Inc. filed a petition under Chapter 11
Subchapter V of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
20-81507) on Aug. 25, 2020, disclosing total assets of up to
$50,000 and total liabilities of up to $500,000. The Debtor is
represented by Hampilos & Associates, Ltd.

Judge Thomas M. Lynch oversees the case.

Iana A. Vladimirova is the Subchapter V trustee appointed in the
bankruptcy case. Husch Blackwell, LLP serves as the trustee's legal
counsel.


ALPHA LATAM: Case Summary & 30 Largest Unsecured Creditors
----------------------------------------------------------
Lead Debtor: Alpha Latam Management, LLC
             1209 N Orange Street
             Wilmington, DE 19801

Business Description: The Debtors, together with their Mexican
                      non-Debtor affiliates and certain other
                      affiliated non-Debtors, operate a specialty
                      finance business that offers consumer and
                      small business lending services to
                      underserved communities in Mexico and
                      Colombia.

Chapter 11 Petition Date: August 1, 2021

Court: United States Bankruptcy Court
       District of Delaware

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

   Debtor                                         Case No.
   ------                                         --------
   Alpha Latam Management, LLC (Lead Case)        21-11109
   AlphaCredit Sudamerica, S. de R.L.             21-11111
   Acsa Atento S.A.S.                             21-11112
   Vive Creditos Kusida S.A.S.                    21-11113
   AlphaDebit, S.A. de C.V.                       21-11114
   Alpha Capital S.A.S.                           21-11115
   AlphaCredit Latam S.A.S.                       21-11110

Judge: Hon. Kate J. Stickles

Debtors' Counsel:    John K. Cunningham, Esq.
                     Richard S. Kebrdle, Esq.   
                     Amanda A. Parra Criste, Esq.  
                     WHITE & CASE LLP
                     200 South Biscayne Boulevard, Suite 4900
                     Miami, FL 33131
                     Tel: (305) 371-2700
                     Email: jcunningham@whitecase.com
                            rkebrdle@whitecase.com
                            aparracriste@whitecase.com

                       - and -
  
                     Philip M. Abelson, Esq.                    
                     John J. Ramirez, Esq.  
                     Brett L. Bakemeyer, Esq.    
                     1221 Avenue of the Americas
                     New York, NY 10020
                     Tel: (212) 819-8200
                     Email: philip.abelson@whitecase.com
                            john.ramirez@whitecase.com
                            brett.bakemeyer@whitecase.com

Debtors'
Delaware
Legal
Counsel:             Mark D. Collins, Esq.
                     John H. Knight, Esq.  
                     Brendan J. Schlauch, Esq.  
                     Megan E. Kenney, Esq.
                     RICHARDS, LAYTON & FINGER, P.A.  
                     One Rodney Square
                     920 North King Street
                     Wilmington, DE 19801
                     Tel: (302) 651-7700
                     Fax: (302) 651-7701
                     Email: collins@rlf.com
                            knight@rlf.com
                            schlauch@rlf.com
                            kenney@rlf.com

Debtors'
Investment
Banker:              ROTHSCHILD & CO.

Debtor's
Financial
Advisor:             ALIXPARTNERS LLP

Debtors'
Claims &
Noticing
Agent:               PRIME CLERK LLC

Estimated Assets: $100 million to $500 million

Estimated Liabilities: $500 million to $1 billion

The petitions were signed by Augusto Alvarez de Iturbe as member.

A full-text copy of Alpha Latam Management's petition is available
for free at PacerMonitor.com at:

https://www.pacermonitor.com/view/ZW5TQDY/Alpha_Latam_Management_LLC__debke-21-11109__0001.0.pdf?mcid=tGE4TAMA

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Notes Due 2025                     Unsecured       $400,000,000
Bank of New York Mellon,                Notes
As Trustee
Attn: International Trust
240 Greenwich Street
Floor 7E
New York, NY 10286
Email: christopher.olsen1@bnymellon.com

2. Notes Due 2022                     Unsecured       $300,000,000
Bank of New York Mellon,                Notes
as Trustee
Attn: International Trust
101 Barclay Street
Floor 7E
New York, NY 10286
Email: christopher.olsen1@bnymellon.com

3. Inter-American Investment          Unsecured        $23,035,740
Corporation                             Loan
Attn: Porfolio Management Division
1350 New York Ave. NW
Washington DC 20577

4. Responsability America             Unsecured        $16,900,000
Latina SAC                              Notes
Paul Cespedes
Calle Recvarren 111
Oficina 202
Lima 15074
Peru
Email: paul.cespedes@responsability.com

5. People Pass S.A.                   Trade Debt          $132,000
Transversal 55 B 115A 56
Bogota, Colombia
Email: servicioalcliente@peoplepass.com.co

6. Cooperativa Multiactiva            Trade Debt           $22,000
Coproyeccion
Carrera 7 2752 of 605
Bogota, Colombia
Email: carmen.blanco@coproyeccion.com.co

7. JJ Cobranzas Y Abogados SAS        Trade Debt           $16,000
Carrera 5 15 11
Bogota, Colombia
Email: jjcobranzasyabogados@gmail.com

8. Negocios Y Xoluciones              Trade Debt           $14,000
Crediticias S.A.S.
Carrera 7 27 52
Bogota, Colombia
Email: gerenciatalousgroup@gmail.com

9. Cifin SAS                          Trade Debt           $10,000
Calle 100 7A 81 P8
Bogota, Colombia

10. ADO Technologies                  Trade Debt            $9,000
Colombia SAS
Carrera 14 93B 45
Bogota, Colombia
Email: julian@ado-tech.com

11. Ikusi Redes Colombia SAS          Trade Debt            $8,000
Calle 116 7 15
Bogota, Colombia
Email: marisol.barajas@ikusi.com

12. Comcel SA                         Trade Debt            $7,000
Carrera 68 A 24 B 10
Bogota, Colombia
Email: eduard.santana@claro.com.co

13. Experian Colombia SA              Trade Debt            $5,000
Carrera 7 76 35 P10
Bogota, Colombia
Email: contactodatacredito@datacredito.com

14. All Branding S.A.S.               Trade Debt            $5,000
Carrera 62 4D 56
Bogota, Colombia
Email: comercial@allbrandingco.com

15. Eulen Colombia S.A.               Trade Debt            $5,000
Carrera 14 10607
Bogota, Colombia
Email: acastillob@eulen.com

16. Gestion Empresarial               Trade Debt            $5,000
Y Representaciones
Juridicas SAS
Calle 33 A 80B 5
Medellin, Colombia
Email: administrativo@grupogersas.com.co

17. Integral De Mantenimiento         Trade Debt            $5,000
Aseo Y Construccion SAS
Calle 2B 41 77 Piso 3
Bogota, Colombia
Email: gerencia@intmac.com.co

18. Procesos Canje S.A.               Trade Debt            $5,000
Avenida Calle 26 96 J 66 Piso 8
Bogota, Colombia
Email: mpuestos@brinks.com.co

19. Servientrega S.A.                 Trade Debt            $5,000
Avenida Calle 6 34A H
Bogota, Colombia
Email: andrea.rozo@servientrega.com

20. Truora S.A.S.                     Trade Debt            $4,000
Calle 17 10 11
Bogota, Colombia
Email: msanta@truora.com

21. Columbus Networks                 Trade Debt            $4,000
   
De Colombia Ltda.
Calle 108 45 30 Torre
Oficina 901
Bogota, Colombia
Email: wramirez@columbus.co

22. Dibanka SAS                       Trade Debt            $4,000
Calle 26#92-32
Edificio Wework
Bogota 110111
Colombia

23. Aserfinc Y CIA Ltda               Trade Debt            $3,000
Calle 54 10 10 81
Bogota, Colombia
Email: administracion@aserfinc.com

24. Honor Servicios De                Trade Debt            $3,000
Seguridad Ltda.
Avenida Call 80 55A 13
Bogota, Colombia
Email: ccortes@honorlaurel.com.co

25. Seguros Generales                 Trade Debt            $3,000
Suramericana S.A.
Edificio Suramericana Carrera
64 B 49 A 30
Medellin Antioquia
Colombia

26. Colombiana De Software           Trade Debt             $2,000
Y Hardware
Vereda Vuelta Grande
Predio San Rafael
Zona Franca Metropolitana
BOD 55, 56  Cota
Cundinamarca Cota
Botoga Cundinamarca 00000
Colombia

27. Concepto Grafico                 Trade Debt             $2,000
Publicitario S.A.S.
Calle 71 69 1 13 Barrio La Estrada
Bogota, Colombia
Email: conceptograficopublicitario@hotmail.com

28. Cooperativa De Trabajo           Trade Debt             $2,000
Asociado De Domiciliarios
Y Mensajeros Domencoop
Calle 74 27 15
Bogota, Colombia
Email: domencoop@hotmail.com

29. Payrecovery SAS                  Trade Debt             $2,000
Calle 25A 31A 27
Bogota, Colombia
Email: info@payrecovery.com.co

30. UNE EPM Telecomunicaciones SA    Trade Debt             $2,000
Carrera 16 11 A Sur 100
Medellin, Colombia
Email: juan.chacon@asesor.tigo.com.co


ALPHA LATAM: Files Ch. 11 to Facilitate Sale of Colombian Assets
----------------------------------------------------------------
Alpha Latam Management, LLC and certain of its affiliates that
operate its Colombian business filed voluntary petitions for relief
under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy
Court for the District of Delaware.  The Debtors are a
technology-enabled financial services company that have
historically provided consumer lending products in Colombia.

The Debtors' affiliates operating in Mexico, including Alpha
Holding, S.A. de C.V. ("Alpha Holding" and such affiliates,
collectively with the Debtors, the "Company") are not included in
the chapter 11 filing.

Alpha Holding announced on April 20, 2021, that it would restate
its financial statements for the years ended December 31, 2018, and
2019 (the "Prior Period Financial Statements to correct an error in
Alpha Holding's accounting for its derivative positions.  Alpha
Holding also identified additional accounting errors that it
anticipates will result in a restatement of other assets and other
accounts receivable in its financial statements for previous years,
including the Prior Period Financial Statements, or a current
write-down of other assets and other accounts receivable.  The
accounting errors ultimately resulted in several defaults and
events of default under the Company's funded debt obligations.
Though the Company endeavored to negotiate forbearance and waiver
agreements with several of its lenders, such efforts were
unsuccessful.  Given these events, the Company no longer had access
to the new financing necessary to continue originating new loans,
and accordingly has ceased its on-balance sheet origination
activities. The actions became necessary despite the Company's best
efforts to streamline the business by implementing significant
cost-cutting measures.

To fund working capital needs, the Debtors have obtained, subject
to Bankruptcy Court approval, debtor-in-possession financing for a
senior secured facility of $45 million. The Debtors expect access
to the debtor-in-possession financing, together with its incoming
cash from collections, will provide them with sufficient liquidity
to consummate a value-maximizing sale transaction of their
Colombian loan portfolio.

The Debtors have requested Bankruptcy Court permission to continue
operating the Colombian business without interruption to ensure
that collections of all outstanding loans continue in the ordinary
course.  The Debtors intend to continue to act in accordance with
Colombian governmental regulations, including with respect to
employee benefits and severance payments associated with recent
workforce reductions.

Court filings and claims information are available at
http://cases.primeclerk.com/alphalatam.

                        About AlphaCredit(C)

AlphaCredit (C) is a technology-enabled, financial services company
in Latin America that provides consumer loans to individuals and
financial solutions for SMEs in Mexico and Colombia.



AMATA LLC: Seeks Continued Cash Collateral Access
-------------------------------------------------
Amata, LLC asks the U.S Bankruptcy Court for the Northern District
of Illinois, Eastern Division, for entry of an order extending the
Debtor's use of cash collateral pursuant to the terms of the
Court's Final Order and scheduling a further hearing on the
request.

The Debtor's use of cash collateral currently extends through the
week of July 26, 2021. The Debtor is making progress toward
finalizing the Plan and needs the continued use of cash collateral
in order to bring this case to a successful conclusion.

On July 12, 2021, the Debtor filed the Plan of Reorganization of
Amata, LLC. The Debtor anticipates filing an amended plan in the
near future.

The Debtor seeks an extension of the use of cash collateral for the
duration of the budget. All other terms of the Cash Collateral
Order will remain in full force and effect.

The Court will consider the request at a hearing on August 4, 2021
at 10 a.m. via Zoom for Government.

                          About Amata LLC

Amata LLC -- http://www.amatacorp.com/-- with principal place of
business at 77 W. Wacker Drive, Suite 4500, in Chicago, Illinois,
is an office space provider catering specifically to legal
practitioners.  Amata filed a petition under Subchapter V of
Chapter 11 of the Bankruptcy Code on April 12, 2021 (Bankr. N.D.
Ill. Case No. 21-04801) with the U.S. Bankruptcy Court for the
Northern District of Chicago.

In the petition signed by Ronald C. Bockstahler, founder and chief
executive officer, the Debtor is estimated with assets between
$1,000,001 to $10 million and liabilities within the same range.

Neema T. Varghese was appointed as the Subchapter V Trustee.

Judge Jack B. Schmetterer is assigned to the case.

McDonald Hopkins LLC is the Debtor's general bankruptcy counsel.




AMERICAN AIRLINES: S&P Affirms 'B-' ICR, Outlook Stable
-------------------------------------------------------
S&P Global Ratings affirmed its 'B-' issuer credit rating on
American Airlines Group and subsidiary American Airlines Inc. and
revised the rating outlook to stable from negative.

S&P said, "Following prepayment of a term loan secured by aircraft
spare parts, we raised our issue-level rating to 'B+' (with a '1'
recovery rating; rounded estimate: 95%) from 'B-' (with a '4'
recovery rating; rounded estimate: 45%) on the revolving credit
facility secured by the same collateral.

Also, following scheduled repayment of a large amount of the
American Airlines Inc. 2013-2 enhanced equipment trust certificate
(EETC) and removal of older widebody aircraft from the collateral,
we raised our issue-level rating on the certificates to 'BB' from
'B-'.

The stable outlook reflects S&P's expectation for a reduced pretax
and net loss in 2021, with positive EBITDA and breakeven to
slightly positive funds from operations (FFO); S&P forecasts a
return to profitability (albeit at much lower levels than
pre-pandemic) in 2022.

The surge of domestic leisure travel is boosting American's
revenues. American, like other U.S. airlines, is seeing
much-improved revenues from leisure traffic in the domestic market
and to nearby Latin American destinations (Mexico and the
Caribbean). Domestic business travel is picking up more gradually
but should accelerate in the fourth quarter, while intercontinental
traffic is likely to be weak into 2022. American's management notes
that in international markets where restrictions were lifted, such
as various European countries, bookings by U.S. travelers quickly
increased but the U.S. government still limits travel by European
nationals from those countries.

The rapid spread of new COVID-19 variants could slow progress.The
recent increase in cases of new variants of COVID-19 in the U.S.
and in some major markets for American, such as the U.K., risks
making the recovery more uneven or prolonged. In particular, the
health situation could cause continuation or reimposition of travel
restrictions on international routes and slow the expected return
of business traffic.

American's losses narrowed and we foresee a likely return to
profitability in 2022. American generated a monthly profit, without
counting PSP cash grants, for the first time since the start of the
pandemic, in June. The second quarter overall saw an adjusted $1.4
billion pretax loss, though approximately breakeven on a GAAP basis
(including PSP grants). Management forecasts a negative pretax
margin of 3%-7% in the third quarter (by which time there are few
or no PSP grants). This is somewhat less optimistic than peers
Delta Air Lines Inc. and United Airlines Holdings Inc., though
still a continuation of the positive trend. For the full year 2021
we forecast a pretax loss (after benefit of PSP cash grants) of
several billion dollars, but positive EBITDA and breakeven to
slightly positive FFO. S&P expects a return to profitability in
2022, with FFO to debt of more than 10%.

Liquidity is much improved and American is starting to prepay debt.
Generous federal aid and refinancing of the U.S. Treasury loan
secured by American's frequent flyer program for a larger amount
boosted liquidity to $21.3 billion at June 30, 2021. This
substantially bolsters liquidity and allows American to begin the
process of de-leveraging its debt-burdened balance sheet. The
company prepaid its $950 million term loan secured by aircraft
spare parts and disclosed plans to reduce total debt by $15 billion
(about one-third of debt and pension deficit) by 2025. Management
said that it expects to reduce liquidity to $10 billion to $12
billion sometime in 2022 when the earnings and cash flow have
sufficiently recovered. This level of liquidity would be about 50%
higher than pre-pandemic levels.

Environmental, social, and governance (ESG) credit factors for this
credit rating change:

-- Health and safety

S&P said, "We expect American to report a moderate loss in the
second half of 2021 (when payroll support cash grants will have
ended), resulting in a full year pretax loss of several billion
dollars but roughly breakeven to slightly positive FFO and positive
EBITDA. This is based on a weak first half, partly offset by
substantial federal aid, and much improved revenues in the second
half as strong domestic leisure traffic and a fourth quarter pickup
in domestic business traffic boost results. Performance in 2022
should be much better, with positive pretax and net earnings
(though well below pre-pandemic levels). Credit measures next year
may remain what we consider to be a highly leveraged range, but
move up from there by 2023.

"We could raise our ratings over the next 12 months if improving
earnings and cash flow indicate that American will achieve a FFO to
debt ratio approaching 10% in 2022, with further improvement
thereafter.

"We would expect to lower ratings over the next 12 months if we
came to believe the recovery would be more prolonged or weaker than
expected, resulting in a return to high cash flow burn. This could
eventually result in inadequate liquidity or a capital structure
that we would view as unsustainable long term."



AR TEXTILES: Bankruptcy Administrator Unable to Appoint Committee
-----------------------------------------------------------------
The U.S. Bankruptcy Administrator for the Eastern District of North
Carolina disclosed in a filing that no official committee of
unsecured creditors has been appointed in the Chapter 11 case of AR
Textiles Ltd.
  
                        About AR Textiles

Robersonville, N.C.-based AR Textiles Ltd. filed a Chapter 11
petition (Bankr. E.D.N.C. Case No. 21-01441) on June 28, 2021.  In
the petition signed by Pasqual Alles, vice president, the Debtor
disclosed $5,744,986 in assets and $22,227,509 in liabilities.
Judge David M. Warren oversees the case.  Joseph Z. Frost, Esq., at
Buckmiller, Boyette & Frost, PLLC is the Debtor's legal counsel.


ATI PHYSICAL: S&P Downgrades ICR to 'B-' on Lower Guidance
----------------------------------------------------------
S&P Global Ratings lowered the issuer credit rating on Bolingbrook,
Ill.-based physical therapy and rehabilitation service provider ATI
Physical Therapy Inc. to 'B-' from 'B', and assigned a negative
outlook.

At the same time, S&P lowered its issue-level rating on the
first-lien debt, issued by wholly-owned subsidiary ATI Holdings
Inc., to 'B-' from 'B'. The recovery rating remains '3'.

The negative outlook reflects S&P's view that the operational
headwinds have increased, which raises the company's refinancing
risk, given that the term loan goes current in May 2022.

The downgrade reflects S&P's expectation for cash flow deficits in
2021, elevated leverage, and uncertainty regarding the duration of
staffing challenges. ATI experienced a spike in attrition of
physical therapists toward the end of the second quarter of 2021.
The attrition is attributed to a combination of factors, including
cost-cutting actions taken by the company in 2020 in response to
the pandemic, as well as a broader macroeconomic environment in
which labor shortages and labor cost inflation have increased. In
S&P's view, the labor challenges that ATI faces are tied more so to
company-specific actions as opposed to macro factors. The company
has also seen reimbursement rates remain sluggish as of the second
quarter as the expected improvement from workers compensation and
auto injury incidents has not materialized.

S&P said, "Following the weak first half due to depressed patient
visit volumes, and based on our revised forecast for a similarly
weak second half, we now project a free cash flow deficit in the
$40 million to $60 million range in 2021. We believe the company
has sufficient liquidity to cover these deficits, and we expect
sequential improvement in 2022 leading to a return to positive free
cash flow generation in 2022.

"The negative outlook reflects refinancing risk on the company's
May 2023 debt maturities. The company's revolver and first-lien
term loan both mature in May 2023. After closing on the SPAC merger
transaction, the company launched a proposed refinancing of its
term loan and revolver, but the transaction was subsequently
canceled. We believe refinancing risk will remain elevated until
operating results begin to demonstrate that the recent attrition
challenges have stabilized and staffing levels are approaching
historical levels. Due to the uncertainty regarding how long the
staffing challenges will persist, and how much higher salaries
would have to be to stem the turnover, we believe these challenges
could delay the company's ability to address its May 2023
maturities.

"We believe the company has adequate liquidity to navigate its
recent headwinds, increase its staffing levels, and eventually
serve its robust demand growth. The company had about $158 million
liquidity at the end of the second quarter. We expect this
liquidity position will be adequate to fund cash flow deficits in
2021 while the company addresses its labor challenges. We do not
expect the company would need to draw on its revolver over the next
year, and we believe that underlying demand for physical therapy
should continue to recover through 2021 and into 2022. We expect
the company to benefit from the recovery, and assuming that it
resolves its labor challenges, should see a near-full recovery in
patient volumes in late 2022.

"The negative outlook on ATI Physical Therapy Inc. reflects our
view that operational headwinds have increased the company's
refinancing risk, which could lead to challenges refinancing the
capital structure before the term loan becomes current in May
2022.

"We could lower our rating on ATI over the next 12 months if the
company fails to refinance its first-lien debt before it becomes a
current maturity in May 2022.

"We could revise the outlook back to stable if the company
successfully refinances its first-lien debt before it becomes a
current maturity in May 2022 and the company demonstrates improved
performance in its patient volumes and cash flows."



BGT INTERIOR SOLUTIONS: Seeks to Hire MMS as Accountant
-------------------------------------------------------
BGT Interior Solutions, Inc. seeks approval from the U.S.
Bankruptcy Court for the Southern District of Texas to employ MMS
Certified Public Accountants, PLLC as accountant.

MMS will provide these services:

   a. prepare monthly operating reports;

   b. prepare financial statements of the Debtor to facilitate
discussions with potential lenders;

   c. reconstruct the books and records of the Debtor to the extent
necessary to prepare reports and provide accounting advice thereon;
and

   d. facilitate negotiations on financial restructuring as
requested by the Debtor.

The firm's hourly rates are as follows:

     Partner                   $400 per hour
     Senior accountants        $225 per hour
     Junior accountants        $125 per hour
     Admin                     $75 per hour

The firm will also be reimbursed for out-of-pocket expenses
incurred.

As disclosed in court filings, MMS is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Harold N. May, CPA
     MMS Certified Public Accountants, PLLC
     P.O. Box 79283
     Houston, TX 77279

                    About BGT Interior Solutions

BGT Interior Solutions, Inc. owns and operates a business known as
BGT Interior Services, Inc., which provides multi-family luxury
interior finish packages to the construction industry in Texas and
nationwide. It specializes in custom turn-key flooring and
countertop packages to fit a variety of multi-family, hospitality,
or commercial settings. The company offers custom design services
and interior finish packages, providing its customers a single
point of contact from fabrication to installation.

BGT Interior Solutions sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 21-32124) on June
23, 2021. In the petition signed by Robert Wagner, vice president
and director, the Debtor disclosed up to $50,000 in both assets and
liabilities.  Judge Eduardo V. Rodriguez oversees the case.
Kimberly A. Bartley, Esq. at Waldron & Schneider, L.L.P. is the
Debtor's counsel.

Veritex Community Bank, as creditor, is represented by Crady Jewett
McCulley & Houren LLP.


BGT INTERIOR: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The U.S. Trustee for Region 6 disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of BGT Interior Solutions Inc.
  
                   About BGT Interior Solutions

Houston-based BGT Interior Solutions, Inc. owns and operates a
business known as BGT Interior Services, Inc., which provides
multi-family luxury interior finish packages to the construction
industry in Texas and nationwide.  It specializes in custom
turn-key flooring and countertop packages to fit a variety of
multi-family, hospitality, or commercial settings. It offers custom
design services and interior finish packages, providing its
customers a single point of contact from fabrication to
installation.

BGT Interior Solutions sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 21-32124) on June
23, 2021. In the petition signed by Robert Wagner, vice president
and director, the Debtor disclosed up to $50,000 in both assets and
liabilities.  Judge Eduardo V. Rodriguez oversees the case. Waldron
& Schneider, LLP is the Debtor's legal counsel.


BIONIK LABORATORIES: Raises $5M Through Convertible Notes Issuance
------------------------------------------------------------------
BIONIK Laboratories Corp. has entered into a series of agreements
to issue secured convertible promissory notes of the Company for a
total of $5 million in gross proceeds to the Company.

Of the $5 million, 80% comes from new investors, highlighting
confidence as the Company continues to enhance its technology
offerings for commercial applications.  In addition, the Company
also eliminated approximately $3.9 million in total existing term
loans by applying such amounts to purchase approximately $3.3
million of additional convertible promissory notes and an aggregate
of 231,518 common shares of BIONIK.  The convertible notes have a
maturity date of March 31, 2022 and convert into common stock at
the maturity date.

"We're pleased to secure this financing from a diverse mix of new
and existing investors, demonstrating a strong belief in BIONIK's
technology suite of hardware and software solutions for the
commercial rehabilitation market," said Rich Russo Jr., CFO and
interim CEO of BIONIK.  "As the world continues to re-open
following the pandemic, we believe we are well positioned to meet
the needs of both in-facility rehabilitation and remote patient
data analyzation due to our rich technology offerings and deep
understanding of patient outcomes."

The Company will utilize the funds to further develop its
technology offerings, such as the BIONIK InMotion therapy systems
and data platform InMotion Connect, while also building a more
robust commercial sales strategy post-pandemic and increasing
marketing/branding efforts.

                     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 Laboratories reported a net loss and comprehensive loss of
$13.62 million for the year ended March 31, 2021, compared to a net
loss and comprehensive loss of $25.02 million for the year ended
March 31, 2020.  As of March 31, 2021, the Company had $8.79
million in total assets, $5.51 million in total liabilities, and
$3.28 million in total stockholders' equity.

Toronto, Canada-based MNP LLP, the Company's auditor since 2015,
issued a "going concern" qualification in its report dated June 24,
2021, citing that he Company has experienced losses and has a
working capital deficiency and an accumulated deficit.  These
conditions, along with other matters, raise substantial doubt about
Company's ability to continue as a going concern.


BOSTON SOLUTIONS: Seeks to Hire Rubin & Levin as Legal Counsel
--------------------------------------------------------------
Chef JJ's Downtown LLC and Boston Solutions, Inc. seek approval
from the U.S Bankruptcy Court for the Southern District of Indiana
to hire Rubin & Levin, P.C. as their counsel.

The firm will render these services:

     a. prepare pleadings and applications and conducting of
examinations incidental to administration;

     b. advise the Debtors of their rights, duties and obligations
as debtors in possession;

     c. perform all legal services incidental and necessary to the
day-to-day operations of the businesses in the Chapter 11 cases,
all of which are necessary to the proper preservation and
administration of these estates;

     d. consult with the Debtors concerning potential opportunities
for sales pursuant to section 363(b) of the Bankruptcy Code and
preparation of motions related to any such proceedings;

     e. negotiate and prepare a plan of reorganization, and all
matters relating to confirmation and consummation of such plan; and


     f. provide any and all other necessary action incident to the
proper preservation and administration of these estates in the
conduct of Debtors' business.

The firm will be paid at these rates:

     James E. Rossow Jr.   $370
     Morgan A. Decker      $295
     Matthew T. Barr       $295
     Paralegals            $175

Rubin & Levin does not hold or represent any interest adverse to
Debtors' bankruptcy estates, and is a "disinterested person" as
that term is defined in section 101(14) of the Bankruptcy Code,
according to court filings.

The firm can be reached through:

     Matthew T. Barr, Esq.
     Morgan A. Decker, Esq.
     James E. Rossow, Esq.
     RUBIN & LEVIN, P.C.
     135 N. Pennsylvania Street, Suite 1400
     Indianapolis, IN 46204
     Telephone: (317) 860-2891
     Facsimile: (317) 453-8629
     Email: mbarr@rubin-levin.net
            mdecker@rubin-levin.net
            jim@rubin-levin.net

                   About Boston Solutions Inc.

Boston Solutions Inc. sought protection under Chapter 11 of the U.S
Bankruptcy Code (Bankr. S.D. Ind. Case No. 21-03158) on July 8,
2021. In the petition signed by Jeremy J. Boston, president, the
Debtor disclosed up to $500,000 in both assets and liabilities.

Judge Robyn L. Moberly oversees the case.

Morgan A. Decker at Rubin and Levin PC is the Debtor's counsel.


BUCKINGHAM SENIOR: Seeks to Hire 'Ordinary Course' Professionals
----------------------------------------------------------------
Buckingham Senior Living Community, Inc. seeks approval from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
professionals utilized in the ordinary course of business.

The request, if granted by the court, would allow the Debtor to
hire "ordinary course" professionals without filing separate
employment and fee applications.

The ordinary course professionals are as follows:

     Professional                Address               Services
Stewart Wiegand & Owens PC 325 North St. Paul Street  Litigation
                           Suite 3750
                           Dallas, TX 75201    

CCRC Actuaries             415 Main Street            Actuary
                           Reisterstown, MD 21136

FTI Consulting             1301 McKinney Street    Communications
                           Suite 3500
                           Houston, TX 77010

LBJ Consulting, Inc.       1301 S Bowen Road    Medicare reporting
                           Suite 435
                           Arlington, TX 76013

SNF Medicare               2746 FM 1903           Medicare billing
  
A/B Billing Service        Caddo Mills, TX 75135

Each ordinary course professional will receive up to $250,000 as
payment for its services.
                             
As disclosed in court filings, the firms are "disinterested
persons" as the term is defined in Section 101(14) of the
Bankruptcy Code.

             About Buckingham Senior Living Community

The Buckingham Senior Living Community, Inc., a Houston-based
continuing care retirement community (CCRC), filed a voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Texas Case No. 21-32155) on June 25, 2021. Michael Wyse, chair
of the board, signed the petition. At the time of the filing, the
Debtor disclosed between $100 million and $500 million in both
assets and liabilities.

The case is handled by Judge Marvin Isgur.

The Debtor tapped McGuireWoods LLP as its lead bankruptcy counsel,
replacing Thompson & Knight, LLP. B. Riley Advisory Services and
Thompson & Knight, LLP serve as the Debtor's financial advisor and
special counsel, respectively. Stretto is the claims and noticing
agent.


BUCKINGHAM SENIOR: Seeks to Hire B. Riley as Financial Advisor
--------------------------------------------------------------
Buckingham Senior Living Community, Inc. seeks approval from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
GlassRatner Advisory & Capital Group, LLC, doing business as B.
Riley Advisory Services, as its financial advisor.

B. Riley will render these services:

     (a) assist the Debtor with first day order data collection;

     (b) assist the Debtor with financial reporting;

     (c) assist the Debtor with liquidity projections;

     (d) assist the Debtor with negotiations with various
stakeholders;

     (e) assist the Debtor in preparation of the statutory
reporting requirements during the case;

     (f) assist the Debtor with the preparation of reports for, and
communications with, the court, creditors, and any other
constituents;

     (g) review, evaluate and analyze the financial ramifications
of proposed transactions for which the Debtor may seek court
approval;

     (h) assist the Debtor in developing and supporting a proposed
plan of reorganization;

     (i) render testimony in court; and/or

     (j) any other duty or task which falls within the normal
responsibilities of a financial advisor.

The hourly rates of B. Riley's professionals are as follows:

     Tom Buck                              $656
     Mark Shapiro                          $577
     Senior Managing Director       $495 - $695
     Associate to Managing Director $150 - $550
     Other Staff                    $225 - $656

In addition, B. Riley will seek reimbursement for expenses
incurred.

B. Riley received a prepetition retainer of $75,000 from the
Debtor.

Tom Buck, a senior managing director at B. Riley Advisory Services,
disclosed in a court filing that the firm is a "disinterested
person" as that term is defined in Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Tom Buck
     B. Riley Advisory Services
     4400 Post Oak Parkway, Suite 1400
     Houston, TX 77027
     Direct: (212) 457-3322
     Mobile: (917) 488-4148
     Email: tbuck@brileyfin.com
    
             About Buckingham Senior Living Community

The Buckingham Senior Living Community, Inc., a Houston-based
continuing care retirement community (CCRC), filed a voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Texas Case No. 21-32155) on June 25, 2021. Michael Wyse, chair
of the board, signed the petition. At the time of the filing, the
Debtor disclosed between $100 million and $500 million in both
assets and liabilities.

The case is handled by Judge Marvin Isgur.

The Debtor tapped McGuireWoods LLP as its lead bankruptcy counsel,
replacing Thompson & Knight, LLP. B. Riley Advisory Services and
Thompson & Knight, LLP serve as the Debtor's financial advisor and
special counsel, respectively. Stretto is the claims and noticing
agent.


BUCKINGHAM SENIOR: Seeks to Hire Thompson & Knight as Counsel
-------------------------------------------------------------
Buckingham Senior Living Community, Inc. seeks approval from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Thompson & Knight, LLP as its lead bankruptcy counsel from June 25
to 30, 2021, and as a special counsel effective July 1, 2021.

Thompson & Knight will render these special counsel services:

     (a) assist with, advise with respect to, or represent the
Debtor in connection with various litigation matters, including but
not limited to: Dunn, et al. v. Buckingham Senior Living Community,
Inc., et al. Cause No. 2021-01640; and Hurst v. Buckingham Senior
Living Community, Inc., Cause No. 2019-02894;

     (b) assist with, or represent the Debtor, in consultation with
McGuire, with general corporate, tax, healthcare and regulatory
matters, and related issues arising during the pendency of the
Chapter 11 case; and

     (c) assist with, or represent the Debtor, in other matters
relating to the case as specifically directed by the Debtor.

The firm performed these lead counsel services during the
transition period:

     (a) advise the Debtor with respect to its powers and duties;

     (b) prepare legal papers;

     (c) counsel the Debtor in connection with the formulation,
negotiation, and promulgation of a plan of reorganization and
related documents, if necessary;

     (d) represent the Debtor to obtain approval of various first
day motions and obtain entry into post-petition financing;

     (e) appear before the court and any appellate courts as
necessary to represent the Debtor; and

     (f) perform all other necessary legal services.

The hourly rates of Thompson & Knight's professionals are as
follows:

     Partners               $705 - $1,245
     Associates and Counsel $370 - $1,250
     Paraprofessionals        $225 - $395

The hourly rates of the firm's attorneys who were primarily
responsible for providing the bankruptcy services to the Debtor
during the transition period are as follows:

     Demetra Liggins             $850
     Cassandra Sepanik Shoemaker $660
     Christopher A. Bailey       $515

The hourly rates of the firm's attorneys who are expected to have
primary responsibility for providing the special counsel services
to the Debtor are as follows:

     David M. Rosenberg $975
     Terri Helge        $590

In addition, Thompson & Knight will seek reimbursement for expenses
incurred.

The firm received a retainer of $125,000 from the Debtor.

Thompson & Knight also provided the following in response to the
request for additional information set forth in Paragraph D.1. of
the Revised U.S. Trustee Guidelines:

  Question: Did Thompson & Knight agree to any variations from, or
alternatives to, Thompson & Knight's standard billing arrangements
for this engagement?

  Answer: Thompson & Knight agreed to provide the Debtor a 10
percent discount to Thompson & Knight's standard billing
arrangement for this engagement.

  Question: Do any of the Thompson & Knight professionals in this
engagement vary their rate based on the geographic location of the
Debtor's Chapter 11 case?

  Answer: None of the Thompson & Knight professionals included in
this engagement vary their rates based on the geographic location
of the applicable case.

  Question: If Thompson & Knight has represented the Debtor in the
twelve months prepetition, disclose Thompson & Knight's billing
rates and material financial terms for the prepetition engagement,
including any adjustments during the twelve months prepetition. If
Thompson & Knight's billing rates and material financial terms have
changed post-petition, explain the difference and the reasons for
the difference.

  Answer: Thompson & Knight represented the Debtor during the 12
months preceding the petition date in connection with the Debtor's
efforts to restructure their balance sheet outside of bankruptcy
and in connection with the case. The material financial terms of
Thompson & Knight's pre-petition representation of the Debtor are
unchanged for the case.

  Question: Have the Debtor approved Thompson & Knight's budget and
staffing plan, and, if so, for what budget period?

  Answer: The Debtor has approved Thompson & Knight's proposed
rates, budget and staffing plan. Other than set forth herein, no
proposed arrangements to compensate Thompson & Knight exist.
Thompson & Knight has not shared, nor agreed to share, (a) any
compensation it has received or may receive with any other party or
person, other than with the partners and associates of Thompson &
Knight, or (b) any compensation another person or party has
received or may receive.

David Rosenberg, Esq., a partner at Thompson & Knight, disclosed in
a court filing that the firm is a "disinterested person" as that
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     David Rosenberg
     Thompson & Knight LLP
     1722 Routh Street, Suite 1500
     Dallas, TX 75201
     Telephone: (214) 969-1700
     Facsimile: (214) 969-1751

             About Buckingham Senior Living Community

The Buckingham Senior Living Community, Inc., a Houston-based
continuing care retirement community (CCRC), filed a voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Texas Case No. 21-32155) on June 25, 2021. Michael Wyse, chair
of the board, signed the petition. At the time of the filing, the
Debtor disclosed between $100 million and $500 million in both
assets and liabilities.

The case is handled by Judge Marvin Isgur.

The Debtor tapped McGuireWoods LLP as its lead bankruptcy counsel,
replacing Thompson & Knight, LLP. B. Riley Advisory Services and
Thompson & Knight, LLP serve as the Debtor's financial advisor and
special counsel, respectively. Stretto is the claims and noticing
agent.


BUCKINGHAM SENIOR: Taps McGuireWoods LLP as Bankruptcy Counsel
--------------------------------------------------------------
Buckingham Senior Living Community, Inc. seeks approval from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
McGuireWoods LLP as its bankruptcy counsel.

McGuireWoods will render these legal services:

     (a) advise the Debtor with respect to its powers and duties;

     (b) attend meetings and negotiate with any official
committees, the representatives of creditors and other
parties-in-interest;

     (c) advise and assist the Debtor in the negotiation and
documentation of financing agreements, debt restructurings, and
asset securitization;

     (d) review the nature and validity of agreements relating to
the Debtor's interests in real and personal property and advise the
Debtor of its corresponding rights and obligations;

     (e) review the nature and validity of liens or claims asserted
against the Debtor's property and advise the Debtor concerning the
enforceability of those liens and claims;

     (f) advise the Debtor concerning preference, avoidance,
recovery, or other actions that it may take to collect and to
recover property for the benefit of the estate and its creditors,
whether or not arising under Chapter 5 of the Bankruptcy Code;

     (g) prepare legal papers;

     (h) advise the Debtor and prepare responses to legal papers
that may be filed and served in this case;

     (i) counsel the Debtor in connection with the formulation,
negotiation, and promulgation of a plan of reorganization and
related documents, if necessary;

     (j) work with and coordinate efforts among other
professionals;

     (k) represent the Debtor in connection with obtaining
authority to enter into post-petition financing;

     (l) advise the Debtor in connection with any potential sale of
assets and/or balance sheet restructurings;

     (m) appear before the court and any appellate courts to
represent the Debtor;

     (n) take any necessary action on the Debtor's behalf to
negotiate, prepare, and obtain approval of a disclosure statement
and confirmation of a Chapter 11 plan and all related documents;

     (o) prepare retention and employment applications of other
professionals;

     (p) prepare for, institute and prosecute any examination under
Bankruptcy Rule 2004 and if necessary, in furtherance thereof, to
institute and prosecute motions to compel attendance and removal of
persons for Examination under Bankruptcy Rule 2005;

     (q) advise and represent the Debtor regarding non-routine
sales of the assets of the Debtor's estate, wherever they may be
found; and

     (r) perform all other legal services.

The hourly rates of McGuireWoods' counsel and staff are as
follows:

     Partners               $650 - $1,495
     Associates and Counsel $425 - $1,305
     Paraprofessionals        $185 - $475

The hourly rates of the firm's attorneys who are expected to have
primary responsibility in this case are as follows:

     Demetra Liggins $915
     Sarah Boehm     $870
     Joanne Wu       $455

In addition, the firm will seek reimbursement for expenses
incurred.

Demetra Liggins, Esq., a partner at McGuireWoods, disclosed in a
court filing that her firm is a "disinterested person" as that term
is defined in Section 101(14) of the Bankruptcy Code.

Ms. Liggins also provided the following in response to the request
for additional information set forth in Paragraph D.1. of the
Revised U.S. Trustee Guidelines:

  Question: Do any of McGuireWoods' professionals in this
engagement vary their rate based on the geographic location of the
Debtor's Chapter 11 case?

  Answer: None of the professionals included in this engagement
vary their rates based on the geographic location of the applicable
case.

  Question: If McGuireWoods has represented the Debtor in the 12
months prepetition, disclose McGuireWoods' billing rates and
material financial terms for the prepetition engagement, including
any adjustments during the 12 months prepetition. If McGuireWoods'
billing rates and material financial terms have changed
post-petition, explain the difference and the reasons for the
difference.

  Answer: At her prior firm, Ms. Liggins represented the Debtor
during the 12 months preceding the petition date in connection with
the Debtor's efforts to restructure its balance sheet outside of
bankruptcy and in connection with the case. After joining
McGuireWoods, Ms. Liggins' rate changed, but the material financial
terms of her pre-bankruptcy representation of the Debtor are
unchanged for this case.

  Question: Have the Debtor approved McGuireWoods' budget and
staffing plan, and, if so, for what budget period?

  Answer: The Debtor has approved McGuireWoods' proposed rates,
budget and staffing plan.

The firm can be reached through:

     Demetra Liggins, Esq.
     McGuireWoods LLP
     JPMorgan Chase Tower
     600 Travis Street, Suite 7500
     Houston, TX 77002-290
     Telephone: (713) 571-9191
     Facsimile: (713) 571-9652

             About Buckingham Senior Living Community

The Buckingham Senior Living Community, Inc., a Houston-based
continuing care retirement community (CCRC), filed a voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Texas Case No. 21-32155) on June 25, 2021. Michael Wyse, chair
of the board, signed the petition. At the time of the filing, the
Debtor disclosed between $100 million and $500 million in both
assets and liabilities.

The case is handled by Judge Marvin Isgur.

The Debtor tapped McGuireWoods LLP as its lead bankruptcy counsel,
replacing Thompson & Knight, LLP. B. Riley Advisory Services and
Thompson & Knight, LLP serve as the Debtor's financial advisor and
special counsel, respectively. Stretto is the claims and noticing
agent.


CAMBER ENERGY: Increases Viking Energy Ownership to 73%
-------------------------------------------------------
Camber Energy, Inc. entered into a securities purchase agreement
with its majority-owned subsidiary, Viking Energy Group, Inc., to
acquire an additional 27,500,000 shares of Viking common stock for
an aggregate purchase price of $11,000,000, which was paid on July
29, 2021.  

As a result of the acquisition and the issuance of the shares,
Camber owns approximately 73% (up from approximately 62%) of the
issued and outstanding shares of Viking common stock as of July 30,
2021.  

The proceeds from the transaction are to be used by Viking to (i)
facilitate the potential acquisition of an approximate 60.5%
interest in a company engaged in the manufacture and supply of
industrial engines, power generation products, services and custom
energy solutions; (ii) facilitate the potential execution of an
agreement with respect to the license of a patented carbon-capture
system for exclusive use in Canada and for a specified number of
locations in the United States; and (iii) for general working
capital purposes.

                        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 Sept. 30, 2020, the Company
had $11.79 million in total assets, $1.61 million in total
liabilities, $6 million in preferred stock (series C), and $4.18
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.


CATSKILL DISTILLING: Amended Liquidating Plan Confirmed by Judge
----------------------------------------------------------------
Judge Cecelia G. Morris has entered an order approving the
Disclosure Statement and confirming the Second Amended Plan of
Liquidation under Chapter 11 of the Bankruptcy Code filed by
Catskill Distilling Co., Ltd.

It having been determined after hearing on notice held on July 27,
2021, that the Disclosure Statement contains adequate information
pursuant to 11 U.S.C. Sec. 1125(b) and the requirements for
confirmation set forth in 11 U.S.C. Sec. 1129 (a) have been
satisfied; it is, pursuant to 11 U.S.C. Secs. 1125(b) and 1129(a).

Attorneys for the Debtor:

          GENOVA & MALIN
          Hampton Business Center
          1136 Route 9
          Wappingers Falls, New York 12590
          Tel: (845) 298-1600
          Andrea B. Malin, Esq.
          Michelle L. Trier, Esq.

                     About Catskill Distilling

Catskill Distilling Company, Ltd., is a distillery in Bethel, N.Y.,
owned and run by Stacy Cohen.  Catskill Distilling Company filed a
petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y.
Case No. 19-36861) on Nov. 19, 2019.  The petition was signed by
Catskill President Stacy Cohen. At the time of the filing, the
Debtor was estimated to have $1 million to $10 million in both
assets and liabilities.  Judge Cecelia G. Morris oversees the case.
The Debtor has tapped Genova & Malin, as its legal counsel and
Saffioti & Anderson as its special counsel.


CNX RESOURCES: S&P Upgrades ICR to 'BB-', Outlook Stable
--------------------------------------------------------
S&P Global Ratings raised its issuer credit rating on CNX Resources
Corp. to 'BB-' from 'B+'. The senior unsecured ratings remain
'BB-', capped at a '3' recovery as S&P expects CNX could incur
additional secured or pari passu debt on the path to hypothetical
default.

S&P said, "The stable outlook reflects our expectation CNX will
maintain solid financial measures, including FFO to debt of more
than 35% and debt to EBITDA of about 2x, supported by its modest
financial policies that balance debt repayment with shareholder
returns.

"We expect the company to improve its credit measures, including
average FFO to debt of more than 35% and debt to EBITDA of about 2x
through 2022.

"We expect CNX to increase its production by about 10% in 2021 (the
company curtailed its production in response to the low demand and
weak prices in 2020) and estimate it will remain relatively flat
thereafter as management focuses on generating free cash flow to
fund continued debt repayment and shareholder returns. We forecast
the company will generate average free cash flow of $450
million-$500 million annually under our price assumptions after our
expectation of capital spending of $450 million-$500 million
annually. We also note that CNX has hedged over 90% of its expected
gas production through 2022, which provides some stability to its
cash flows.

"We believe CNX has one of the best cost positions among its
Appalachian peers."

While its size and scale somewhat lag those of its largest peers in
the Appalachian Basin, the company's cash operating costs
(excluding general and administrative costs) of about $0.65-$0.70
per thousand cubic feet equivalent (mcfe) are lower than those of
its peers, which typically have cash operating costs of more than
$1.00/mcfe. S&P believes CNX's vertical integration with its
wholly-owned subsidiary CNX Midstream Partners L.P. (CNXM) is a key
reason for its low costs relative to those of its peers because it
mitigates much of its third-party gathering and processing
expenses.

The company's modest financial policies and consistent strategy of
hedging its production will likely enable it to meet our earnings
and cash flow assumptions.

S&P said, "We expect CNX's cash flow to be relatively stable over
the next 18 months because it has hedged over 90% of its expected
production. Although hedged below current strip pricing, we view
the company's hedging policy favorably because it will provide
stability to the company's cash flows during cyclically weak years,
such as in 2020 when the cash flow levels at many of its peers fell
significantly due to weak natural gas prices. CNX will also benefit
from its modest financial policies that focus on balancing its free
cash flow usage between debt repayment and shareholder returns to
allow it to continue to improve its financial measures while
returning cash to its shareholders.

"The stable outlook on CNX reflects our expectation that it will
maintain modest financial policies that support improving financial
measures, including average FFO to debt of more than 35%, over the
next 12 months. This reflects the company's strongly hedged
portfolio over the next 18 months that we expect it will continue
to add to, which will support its cash flow beyond 2022. Finally,
we expect CNX's shareholder returns to remain within its operating
cash flows so as to not impede the expected improvement in its
financial performance.

"We could lower our issuer credit rating on CNX if we forecast its
leverage will weaken over the next two years such that its
projected FFO to debt approaches 20% and its debt to EBITDA remains
well above 3x on a sustained basis. This would most likely occur if
its gas price realizations deteriorate or its capital spending
rises without a commensurate increase in its production.

"We could raise our ratings on CNX if it is able to expand its
scale to be more consistent with that of its larger exploration and
production (E&P) peers or it materially improves its asset
diversity such that it develops a cushion against potential
in-basin pricing volatility and/or regulatory changes in the
Appalachian region. Alternatively, we could raise our ratings if
CNX improves its financial measures such that its FFO to debt
averages well above 45%, which would provide it with a cushion
against potential cash flow volatility."



COBRA INK: Seeks Access to FC Marketplace's Cash Collateral
-----------------------------------------------------------
Cobra Ink Systems, Inc. asks the U.S. Bankruptcy Court for the
Middle District of Tennessee for authority to use the cash
collateral of FC Marketplace, LLC on an interim basis, pending a
final hearing to pay the actual, reasonable and necessary costs and
expenses incurred in the ordinary course of business after the
filing of the case, prepetition claims as expressly authorized by
the Court, if any, and other administrative expenses, including
professional fees and quarterly fees due to the United States
Trustee.

The Debtor asserts that the motion must be considered on an
expedited basis as it needs to use cash collateral to pay the daily
operating expenses of the business.

FC Marketplace, LLC asserts a security interest and lien in cash
collateral of the Debtor, which the Debtor realized after the
filing of the proof of claim on July 26, 2021. Other than Alliance
Funding Group, Putnam 1st Mercantile, and FC Marketplace, LLC, the
Debtor is not aware of any other creditors claiming an interest in
the cash collateral.

A copy of the motion is available at https://bit.ly/3l8tEnR from
PacerMonitor.com.

                   About Cobra Ink Systems, Inc.

Cobra Ink Systems, Inc. sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. M.D. Tenn. Case No. 2:21-bk-01651) on
May 25, 2021. In the petition signed by Emma R. McMaster,
president, the Debtor disclosed up to $100,000 in assets and up to
$1 million in liabilities.

Steven L. Lefkovitz, Esq. at Lefkovitz & Lefkovitz is the Debtor's
counsel.

FC Marketplace, LLC, as lender, is represented by Beckett & Lee,
LLP.



CONGERS PHARMACY: Seeks Approval to Tap Aqeel Ghouri as Broker
--------------------------------------------------------------
Congers Pharmacy Inc. seeks approval from the U.S. Bankruptcy Court
for the Southern District of New York to employ Aqeel Ghouri, a
broker at KMR Marketing LLC, doing business as Pharmaquisit.

Mr. Ghouri will render these professional services:

     (a) advise and guide the Debtor and the Debtor's counsel as to
market conditions and strategies to maximize the value of the
assets for sale;

     (b) market and list the assets for sale;

     (c) consult and advise the Debtor and the Debtor's counsel
with regard to negotiation of price and terms of potential sales;

     (d) provide such other necessary services typically provided
by brokers listing pharmacy assets in the geographic area of the
assets; and

     (e) provide the appropriate reports and affidavits to the
court relating to the sales process and ultimate purchaser.

The broker will receive a commission of up to 5.5 percent.

Mr. Ghouri disclosed in a court filing that he is a "disinterested
person" as defined in Section 101(14) of the Bankruptcy Code.

The broker can be reached at:
     
     Aqeel Ghouri
     KMR Marketing LLC
     16 Baldwin Lane
     Scarsdale, NY 10583
     Telephone: (914) 472-6548

                       About Congers Pharmacy

Congers Pharmacy Inc. filed for Chapter 11 bankruptcy protection
(Bankr. S.D.N.Y. Case No. 20-23275) on Dec. 15, 2020. At the time
of the filing, the Debtor had estimated assets of between $100,001
and $500,000 and liabilities of between $500,001 and $1 million.
Judge Robert D. Drain presides over the case. The Debtor tapped
Bronson Law Offices, PC as its legal counsel and de Ramon & CPA as
its accountant.


CYTODYN INC: Schedules Virtual Annual Meeting for Oct. 28
---------------------------------------------------------
The Board of Directors of CytoDyn Inc. has determined that the
Company's 2021 annual meeting of stockholders will be held
virtually at 8:00 a.m. Pacific Time on Oct. 28, 2021.  The record
date fixed by the Board for determining the stockholders entitled
to vote at the 2021 Annual Meeting is Sept. 1, 2021.

                        About CytoDyn Inc.

Headquartered in Vancouver, Washington, CytoDyn Inc. --
http://www.cytodyn.com-- is a late-stage biotechnology company
focused on the clinical development and potential commercialization
of leronlimab (PRO 140), a CCR5 antagonist to treat HIV infection,
with the potential for multiple therapeutic indications.

Cytodyn reported a net loss of $154.67 million for the year ended
May 31, 2021, compared to a net loss of $124.40 million for the
year ended May 31, 2020.  As of May 31, 2021, the Company had
$132.08 million in total assets, $153.10 million in total
liabilities, and a total stockholder's deficit of $21.02 million.

Birmingham, Alabama-based Warren Averett, LLC, the Company's
auditor since 2007, issued a "going concern" qualification in its
report dated July 30, 2021, citing that the Company incurred a net
loss of approximately $154,674,000 for the year ended May 31, 2021
and has an accumulated deficit of approximately $511,294,000
through May 31, 2021, which raises substantial doubt about its
ability to continue as a going concern.


D&M INVESTMENTS: Involuntary Chapter 11 Case Summary
----------------------------------------------------
Alleged Debtor: D&M Investments Holdings Inc.
                169 Circle Drive
                Bradbury, CA 91008

Involuntary Chapter
11 Petition Date: August 2, 2021

Court: United States Bankruptcy Court
       Central District of California

Case No.: 21-16199

Petitioners' Counsel: William H. Brownstein, Es q.
                      WILLIAM H. BROWNSTEIN & ASSOCIATES
                      PROFESSIONAL CORPORATION
                      11740 Wilshire Blvd, Suite A2301
                      Los Angeles, CA 90025-6531
                      Tel: 310-458-0048
                      E-mail: Brownsteinlaw.bill@gmail.com

A full-text copy of the Involuntary Petition is available for free
at PacerMonitor.com at:

https://www.pacermonitor.com/view/Y4QERXY/D__M_Investments_Holdings_Inc__cacbke-21-16199__0001.0.pdf?mcid=tGE4TAMA

Alleged creditors who signed the petition:

   Petitioner                       Nature of Claim  Claim Amount
   ----------                       ---------------  ------------
   CSkGlobal, LLC                     Advance of          $10,000
   33 San Pablo Avenue                Lender Fees
   Suite 502
   San Raphael, CA 94903

   Hummer Construction             Grading Services      $219,000
   238 Barranca Road
   Bradbury, CA 91008

   Azallamerican, LLC              Advance of Lender      $10,000
   21052 North 61st Drive                Fees
   Glendale, AZ 85308


DAKOTA TERRITORY: Gets OK to Hire Kelly G. Black as Legal Counsel
-----------------------------------------------------------------
Dakota Territory Tours ACC received approval from the U.S.
Bankruptcy Court for the District of Arizona to employ the law firm
of Kelly G. Black, PLC as its legal counsel.

The firm will render these legal services:

     (a) protect and preserve the Debtor's estate;

     (b) negotiate with creditors and other parties-in-interest;

     (c) advise the Debtor in connection with this proceeding;

     (d) prepare the plan of reorganization and disclosure
statement;

     (e) prepare any necessary pleadings;

     (f) attend court hearings; and

     (g) perform all other necessary legal services.

The hourly rates of the firm's counsel and staff are as follows:

     Attorneys    $300
     Paralegals   $125

In addition, the firm will seek reimbursement for out-of-pocket
expenses incurred.

As disclosed in court filings, the firm and its members are
"disinterested persons" as defined in Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:
     
     Kelly G. Black, Esq.
     Kelly G. Black, PLC
     2929 N. Power Rd., Ste. 101
     Mesa, AZ 85215-1746
     Telephone: (480) 639-6719
     Facsimile: (480) 639-6819
     Email: kgb@arizonabankruptcycounsel.com

                    About Dakota Territory Tours

Dakota Territory Tours A.C.C., a company that offers helicopter
tours in northern Ariz., filed a voluntary petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No.
21-05729) on July 26, 2021, listing $1,702,410 in assets and
$955,763 in liabilities. Eric Brunner, president, signed the
petition. Judge Eddward P. Ballinger Jr. oversees the case. The law
firm of Kelly G. Black, PLC serves as the Debtor's legal counsel.


DELTA AIR: Egan-Jones Keeps B Senior Unsecured Ratings
------------------------------------------------------
Egan-Jones Ratings Company, on July 19, 2021, maintained its 'B'
foreign currency and local currency senior unsecured ratings on
debt issued by Delta Air Lines, Inc.

Headquartered in Atlanta, Georgia, Delta Air Lines, Inc. provides
scheduled air transportation for passengers, freight, and mail over
a network of routes.



DEP LASHES: Wins Access to SBA's Cash Collateral
------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas,
Dallas Division, has authorized Dep Lashes, LLC to use the cash
collateral of U.S. Small Business Administration on an interim
basis and provide adequate protection.

The Debtor is permitted to use cash collateral to pay its
reasonable and necessary operating expenses, including, but not
limited to, salaries, prepetition wages, post-petition wages,
commissions, withholdings and deductions, supplies, job operating
costs, taxes, and insurance. However, pre-petition claims including
pre-petition wage claims may not be paid unless and until a
separate order is entered authorizing the payment of those claims.

As adequate protection for the Debtor's use of cash collateral, the
SBA is granted replacement lien(s) and security interest(s) in the
Debtor's cash and receipts but only to the same extent, validity
and priority that the lien(s) and security interests existed prior
to the bankruptcy filing. The Replacement Lien(s) are subordinate
to any prior existing, validly perfected and non-avoidable lien and
security interest that existed on the Filing Date. The Replacement
Lien will not cover causes of action governed by Chapter 5 of the
Bankruptcy Code.

The Debtor will also file its monthly operating reports with the
Bankruptcy Court on a timely basis, thus providing monthly
financial statements to the SBA by and through the Bankruptcy
Court's electronic noticing process.

A Final Hearing on the use of cash collateral is scheduled for
August 10, 2021 at 1:30 p.m.

A copy of the order is available at https://bit.ly/3xaiLEt from
PacerMonitor.com.

                          About Dep Lashes

Dep Lashes, LLC filed a Chapter 11 petition (Bankr. N.D. Ala. Case
No. 21-31323) on July 22, 2021. In its petition, the Debtor
disclosed total assets of up to $500,000 and total liabilities of
up to $1 million.  Thao Duong, managing director, signed the
petition.  

Judge Michelle V. Larson oversees the case.  

Holder Law serves as the Debtor's legal counsel.


DIOCESE OF ROCKVILLE: Committee Taps Ruskin as Real Estate Counsel
------------------------------------------------------------------
The official committee of unsecured creditors appointed in the
Chapter 11 case of The Roman Catholic Diocese of Rockville Centre,
New York, seeks approval from the U.S. Bankruptcy Court for the
Southern District of New York to employ Ruskin Moscou Faltischek,
PC as its special real estate counsel.

The committee seeks to employ a special real estate counsel to
assist in evaluating potential sales of real property and advise it
regarding local statutory and political considerations that may
impact potential sales.

The hourly rates of the firm's attorneys and staff are as follows:

     Partners              $470 - $825
     Associates            $275 - $420
     Paralegals            $235 - $255
     Michael Amato                $585
     E. Christopher Murray        $570
     John D. Chillemi             $375
     Elizabeth S. Sy              $325

In addition, the firm will seek reimbursement for expenses
incurred.

Ruskin provided the following in response to the request for
additional information set forth in Paragraph D.1. of the Revised
U.S. Trustee Guidelines:

  Question: Did you agree to any variations from, or alternatives
to, your standard or customary billing arrangements for this
engagement?

  Answer: No.

  Question: Do any of the professionals in this engagement vary
their rate based on the geographic location of the bankruptcy
case?

  Answer: No.

  Question: If you represented the Debtor in the 12 months
prepetition, disclose your billing rates and material financial
terms for the prepetition engagement, including any adjustments
during the 12 months prepetition. If your billing rates and
material financial terms have changed post-petition, explain the
difference and the reasons for the difference.

  Answer: Not applicable.

  Question: Has the Debtor approved your prospective budget and
staffing plan, and, if so, for what budget period?

  Answer: The committee and Ruskin expect to develop a prospective
budget and staffing plan to comply with the U.S. Trustee's requests
for information and additional disclosures, recognizing that in the
course of this Chapter 11 case there may be unforeseeable fees and
expenses that will need to be addressed by the committee and
Ruskin.

Jonathan C. Sullivan, Esq., a partner at Ruskin Moscou Faltischek,
disclosed in a court filing that his firm is a "disinterested
person" as that term is defined in Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Jonathan C. Sullivan, Esq.
     Ruskin Moscou Faltischek PC
     East Tower, 15th Floor
     1425 RXR Plaza
     Uniondale, NY 11556-1424
     Telephone: (516) 663-6600
     Facsimile: (516) 663-6803
     Email: jsullivan@rmfpc.com

                About The Roman Catholic Diocese of
                     Rockville Centre, New York

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. The Diocese
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, and Sitrick and
Company, Inc., as communications consultant. Epiq Corporate
Restructuring, LLC, is the claims agent.

The U.S. Trustee for Region 2 appointed a committee to represent
unsecured creditors in the Chapter 11 case. The committee retained
Pachulski Stang Ziehl & Jones LLP as its legal counsel and Ruskin
Moscou Faltischek, PC as special real estate counsel.


DYNOTEC INDUSTRIES: Seeks Cash Collateral Access Thru Nov. 12
-------------------------------------------------------------
DynoTec Industries, Inc. asks the U.S. Bankruptcy Court for the
District of Arizona for authority to use cash collateral and
provide adequate protection through November 12, 2021 in accordance
with the budget.

The Debtor asserts that the use of cash collateral is essential to
its continued business operations and irreparable harm would result
if it is deprived of the ability to use such cash collateral on an
interim basis. Without immediate access to cash collateral, the
Debtor would be at serious risk of shutdown due to strained
liquidity.

Based on the increased costs associated with the warranty repairs
from the defective torque converters manufactured by Transtar
Industries, Inc., starting in 2013 the Debtor began to fall behind
in its  Employment Tax deposits with the Internal Revenue Service
and the Minnesota Department of Revenue. Beginning in 2018 the
business had come through the worst of the warranty issues
associated with the defective Transtar torque converters and since
that time has been able to stay current with its obligations to
state and federal tax authorities. However, with principal,
penalties and interest, the Debtor currently owes the IRS over
$2,200,000 in employment tax deposits and related taxes.

The Debtor has been in litigation with Transtar since September
2020. The costs associated with that litigation are unsustainable.
In addition, the IRS has been increasingly demanding in their
collection efforts. The Debtor, after examining all of its options,
reluctantly decided that a Chapter 11 filing followed by a sale of
substantially all of its assets in a Section 363 sale represents
the best method of maximizing the amount payable to its creditors.
If the assets are sold to a buyer who will continue the business as
a going concern as Debtor hopes, this will also preserve the jobs
of all of the employees of the Debtor.

The creditors holding security interests in the Debtor's cash
collateral are New Market Bank, FC Marketplace, LLC A/K/A "Funding
Circle," and the United States Small Business Association.

The Debtor refinanced an equipment loan and a line of credit with
New Market Bank in 2017 by executing a Security Agreement dated
June 2, 2017, granting New Market a security interest in all of the
Debtor's assets. New Market Bank had also entered into a  mortgage
loan with DynoTec Holdings, LLC at that same time. In February of
2021 the 2017 New Market Equipment Loan and Line of Credit were
re-financed through DynoTec Holdings. No additional funds were
loaned through the 2021 refinancing, and New Market Bank kept a
security interest in the assets of DynoTec Industries as further
security for the 2021 re-financing to DynoTec Holdings.

Further, the payments for the 2019 New Market Bank financing are
essentially being paid by the Debtor through increased lease
payments owed by the Debtor to DynoTec Holdings.

The documents evidencing the various loans and security agreements
with New Market Bank were part of the record of the first Cash
Collateral Hearing. The current total of the amounts owed to New
Market Bank is approximately $141,082 for an equipment loan and
$137,479 for a line of credit. Current monthly payments to New
Market for the equipment loan are $3,649 and $4,236 for the line of
credit. The Debtor pays New Market Bank directly for the amounts
due under the mortgages held by New Market Bank. The Debtor
believes that at a going concern value New Market is oversecured
based on the collateral of the assets owned by the Debtor and the
real estate owned by Dyno Tech Holdings.

Based upon the IRS liens filed in the case, New Market Bank has
disclaimed any interest in the cash collateral of the Debtor.

Funding Circle or its affiliates is owed approximately $119,000.
The Funding Circle Loan is amortized over 5 years, carries an
annual interest rate of 8.25% and has monthly payments of principal
and interest of $4,589.16 per month. Funding Circle and its
affiliates are secured by a blanket security agreement, a UCC-1
filing with the Minnesota Secretary of State on January 4, 2018 by
FC Funding, LLC, document number 992165700440, and a personal
guaranty of Timothy Lundquist.

Funding Circle has agreed to receive $819 per month as part of the
adequate protection being paid in the case by the Debtor.

The SBA is owed $78,600 under an Economic Injury Disaster Loan. The
loan was secured by a blanket security agreement executed on or
about July 20 2020 and perfected by a UCC-1 filing with the
Minnesota Secretary of State on July 20, 2020 document number
1168137303328, and a personal guaranty of Timothy Lundquist. The
Debtor believes that the SBA is undersecured.

At various times from 2017 forward, the Internal Revenue Service
and the State of Minnesota Department of Revenue have filed tax
liens with the Minnesota Secretary of State and the County Recorder
for Scott County Minnesota. Under the United States Tax Code, the
Federal tax liens prime certain cash collateral of the Debtor. The
total amount of the tax liens filed by the IRS is $1,577,939.53.

The IRS has made initial contact with the Debtor recently and has
inquired about the possibility of a monthly payment for adequate
protection of the IRS's position. No agreement has been made with
the IRS and the Debtor believes that since New Market Bank has
disclaimed its interest in the Debtor's cash, that the IRS is in
first position as to some of the Debtor's physical assets and all
of its cash assets. Since the Debtor is operating essentially at a
break-even basis, the Debtor said it cannot afford any large
payments to the IRS during the time the case is in bankruptcy. The
benefit of a sale of assets as an on-going business to a third
party will greatly benefit the IRS as one of the first position
creditors in the case. Any order for a significant payment in the
guise of adequate protection to the IRS will be counterproductive
to both the IRS and the unsecured creditors as it will cause the
Chapter 11 to fail and the assets of the Debtor to be liquidated at
pennies on the dollar.

The Debtor believes that New Market, Funding Circle and its
affiliates, the SBA and the IRS are the only creditors entitled to
protection of their cash collateral.

As of the date of the Motion, New Market Bank has disclaimed an
interest in cash collateral, Funding Circle has consented to the
use of cash collateral but no other creditor has consented to the
order being proposed in the case.

As adequate protection for the holders of cash collateral, the
Debtor proposes to grant replacement liens in the cash collateral;
report and account for the use of any cash proceeds by the Debtor
on a monthly basis; keep the cash collateral insured; and provide
payments to New Market, Funding Circle and their affiliates and the
Small Business Administration for their loan where payments are
currently due on a monthly basis in an amount equal to the interest
on the loans.

The Debtor projects it can operate at at least a break-even basis
with use of cash collateral.

A final hearing on the matter is scheduled for August 11, 2020 at
10 a.m.

A copy of the motion and the Debtor's 13-week budget is available
for free at https://bit.ly/3i8kiGW from PacerMonitor.com.

The Debtor projects $866,502.49 in total income and $486,463.17 in
total expenses.

               About DynoTec Industries, Inc.

DynoTec Industries, Inc. was founded in 2007 as a transmission
repair and refurbishing shop in Shakopee, Minnesota. DynoTec's 100%
owner is Timothy Lundquist. Typically, the business does from
between $2,000,000 and $3,000,000 in sales per year. The business
has grown and changed over the years and now primarily caters to
commercial clients.

DynoTec sought protection under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. D. Minn. Case No. 21-30803) on May 14, 2021. In the
petition signed by Timothy Lundquist, president, the Debtor
disclosed $1,285,850 in assets and $4,398,498 in liabilities.

Judge Kathleen H. Sanberg oversees the case.

Sapienta Law Group is the Debtor's counsel.



EMINENT CYCLES: Seeks to Hire Schenk Group as Valuation Expert
--------------------------------------------------------------
Eminent Cycles, LLC seeks approval from the U.S. Bankruptcy Court
for the Southern District of California to employ Schenk Group,
Inc. and its member, Steve Schenk, as its appraisal and valuation
expert.

The Debtor seeks to employ Mr. Schenk to complete an updated
valuation of its business and testify at an evidentiary hearing on
its motion to value its business using the liquidation value of
$129,199, which was based on the valuation Mr. Schenk completed for
the Debtor pre-petition.

Schenk Group, the Debtor, and its principal, Jeffrey Soncrant have
agreed to a $3,000 initial retainer payment. Mr. Schenk will be
billed $385 per hour for his valuation services.

Mr. Schenk disclosed in a court filing that his firm is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

Schenk Group can be reached through:

     Steve Schenk
     Schenk Group, Inc.
     Encinitas, CA
     Telephone: (619) 851-7011
  
                       About Eminent Cycles

Eminent Cycles, LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Cal. Case No. 21-01006) on March 16,
2021. In the petition signed by Jeffrey Soncrant, chief executive
officer, the Debtor disclosed up to $500,000 in assets and up to $1
million in liabilities. Judge Christopher B. Latham oversees the
case. Ajay Gupta, Esq., at Gupta Evans and Associates, PC is the
Debtor's legal counsel.


ENGINEERED INVESTMENT: Rental Income & Contribution to Fund Plan
----------------------------------------------------------------
Engineered Investment, LLC, filed with the U.S. Bankruptcy Court
for the Northern District of Georgia a Disclosure Statement with
regard to Plan of Reorganization dated July 29, 2021.

Since the filing for protection under Chapter 11 of the Bankruptcy
Code the Debtor has continued to manage its affairs as a Debtor
in-Possession. The Chapter 11 filing has afforded the Debtor with
breathing space within which to stabilize its affairs and to
reorganize financially. Since the filing of this case Debtor has
paid all property taxes, maintained insurance on its properties and
has kept the properties in good repair. Additionally, Debtor
tendered all mortgage payments to its mortgagors.

Class 1 consists of the secured claim of Bayview Loan Services LLC.
Bayview Loan Services asserts a claim against the Debtor pursuant a
note and deed to secure debt on Debtor's residential rental
property at 1762 Plymouth, Rd. NW, Atlanta, GA 30318. The estimated
payoff on the note is $215,000.00. There is no mortgage arrearage.
Debtor shall remain liable to Bayview on the note and shall pay
Bayview the regular monthly payment of $1,155.24 per month pursuant
to the terms of the note.

Class 2 consists of the secured claim of U.S. Bank Trust National
Association as Trustee of Cabana Series III Trust (U.S. Bank III)
secured by a note and security deed on Debtor's property located at
21 Burbank St., Atlanta, Georgia 30314. The estimated payoff to
U.S. Bank is $21.000.00. Debtor shall remain liable to U.S. Bank on
the note and shall pay U.S. Bank the regular monthly payment of
$470.86 per month pursuant to the terms of the note. (Debtor
disputes the $470.86 per month payment and will continue to
reconcile the payment with the mortgage holder).

Class 3 consists of the secured claim of U.S. Bank Trust National
Association as Trustee of Cabana Series II Trust (U.S. Bank II)
secured by a note and security deed on Debtor's property located at
25 Burbank St., Atlanta, Georgia 30314. The estimated payoff to
U.S. Bank Trust is $22,591.33. The estimated mortgage arrearage is
$1,021.98. Debtor disputes the arrearage amount and has requested a
payment history and itemization of expenses. Upon reconciliation of
U.S. Bank II's records and Debtor's records Debtor will pay the
arrearage if any, in full within 60 days of the effective date of
the plan. Additionally, Debtor shall remain liable to U.S. Bank
Trust II on the note and shall pay U.S. Bank Trust II the regular
monthly payment of $170.33 per month pursuant to the terms of the
note.

Class 4 consists of the secured claim of Dekalb County Tax
Commissioner. The Dekalb County Tax Commissioner filed its proof of
claim on February 3, 2020 in the amount of $1909.12 for Debtor's
2019 taxes for 1719 S Hairston Road. The Dekalb County Tax
Commissioner's claim shall be paid in full with 90 days of the
effective date of the plan.

Jarrad Reddick is the only equity security holder. Jarrad Reddick
will retain his interest in the reorganized debtor. The equity
security holder will not be paid a dividend so long as any
unsecured creditors, claim herein remains unpaid as provided for
under this plan.

In this case Debtor's liabilities are administrative claims in the
estimated amount of $5,500.00, the $253,591.33 claims of mortgage
creditors and the $1,909.12 claim of the Dekalb County Tax
Commissioner. The value of Debtor’s real property is $493,000.00.
A forces sale of Debtor's real properties will more than likely
result in creditors being paid 100% of their respective claims. The
plan proposed by the debtor is preferable because the Debtor
proposed an orderly payment of its debts and will not disrupt its
tenants.

The Debtor will fund the Plan with the income it receives from its
rental properties ($1,200.00 Plymouth Rd, $700.00 21 Burbank and
$700.00 25 Burbank) and $3,000.00 per month capital contributions
from its principal. Debtor believes that the Debtor will have
sufficient funds at its disposal in order to fund the Plan. It
therefore appears that Debtor's Plan is feasible.

A full-text copy of the Disclosure Statement dated July 29, 2021,
is available at https://bit.ly/3lgKr8k from PacerMonitor.com at no
charge.

Attorney for the Debtor:

     Kenneth Mitchell, Esq.
     Giddens, Mitchell & Associates, P.C.
     3951 Snapfinger  Parkway, Suite 555
     Decatur, GA 30035
     Phone: (770) 987 7007

                  About Engineered Investments

Based in Stone Mountain, Ga., Engineered Investments, LLC, filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
N.D. Ga. Case No. 20-61777) on Jan. 31, 2020, listing under $1
million in both assets and liabilities.  Judge James R. Sacca
oversees the case.  Kenneth Mitchell, Esq., at Giddens, Mitchell &
Associates, P.C., is the Debtor's legal counsel.


ENRAMADA PROPERTIES: To File Amended Plan & Disclosure Aug. 31
--------------------------------------------------------------
Judge Julia W. Brand has entered an order within which debtors
Enramada Properties, LLC and Oscar Rene Novoa and Sylvia Novoa are
to file their Amended Plan and Amended Disclosure Statement on or
before August 31, 2021.

A copy of the order dated July 29, 2021, is available at
https://bit.ly/3xitnRG from PacerMonitor.com at no charge.

The Debtor is represented by:

     Andrew Bisom, Esq
     The Bisom Law Group
     300 Spectrum Center Drive, Ste. 1575
     Irvine, CA, 92618
     Tel: (714) 643-8900
     Fax: (714) 643-8901
     E-mail: abisom@bisomlaw.com

     Fritz J. Firman
     WEBER FIRMAN
     1503 South Coast Dr., Ste. 209
     Costa Mesa, CA 92626
     Telephone: (714) 433-7185
     firmanweber@yahoo.com

                   About Enramada Properties

Enramada Properties, LLC, based in Whittier, California, holds a
joint tenancy interest in a property located in Los Angeles,
California valued at $325,000.  It also owns two real properties in
Whittier having an aggregate current value of $1.1 million.

Enramada Properties filed for Chapter 11 bankruptcy (Bankr. C.D.
Cal. Case No. 19-19869) on August 22, 2019.  In the petition signed
by Sylvia Novoa, managing member, the Debtor listed total assets of
$1,429,000 against total liabilities of $1,724,414.  The Hon. Julia
W. Brand oversees the case.  Andrew S. Bisom, Esq., at The Bison
Law Group, serves as the Debtor's bankruptcy counsel.


FARMACIA NUEVA: Plan of Reorganization Confirmed by Judge
---------------------------------------------------------
Judge Mildred Caban Flores has entered an order approving the
Disclosure Statement and confirming the Plan of Reorganization of
debtor Farmacia Nueva Borinquen, Inc.

It having been determined after notice and a hearing that the
requirements for final approval of the disclosure statement and for
confirmation set forth in 11 U.S.C. Sec. 1129(a) have been
satisfied.

A copy of the order dated July 29, 2021, is available at
https://bit.ly/3rP34l9 from PacerMonitor.com at no charge.

                   About Farmacia Nueva Borinquen

Farmacia Nueva Borinquen, Inc., sought protection for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D.P.R. Case No. 20 03715)
on Sept. 21, 2020, listing under $1 million in both assets and
liabilities. Nilda Gonzalez Cordero, Esq., represents the Debtor.


GBG USA: Court Orders Company to Revamp Its Chapter 11 Loan Docs
----------------------------------------------------------------
Law360 reports that a $16 million debtor-in-possession loan for
bankrupt clothing wholesaler GBG USA Inc. required some changes
Friday, July 30, 2021, before a New York bankruptcy judge would
grant interim approval for the package, saying he was growing
frustrated with the ballooning size of such loan documents.

During a virtual hearing, U.S. Bankruptcy Judge Michael E. Wiles
said that DIP orders in bankruptcy cases have been steadily growing
in size with additions of extra protections for the lenders that
aren't justified so early in a case. Particularly, the court took
issue with a long list of events that would trigger a default under
the DIP loan.

                           About GBG USA

Global Brands Group Holding Limited (SEHK Stock Code: 787) is a
leading branded apparel and footwear company. The Group designs,
develops, markets and sells products under a diverse array of owned
and licensed brands.

The Group's Europe wholesale business operates under legal entities
entirely separate and independent from the wholesale business in
North America. It primarily supplies apparel, footwear and
accessories to retailers and consumers across Europe under
licenses
separately entered into by the Europe entities of the Group.  The
Group's global brand management business operates on a different
business model and is distinctly separate from the wholesale
businesses in North America and Europe.

Global Brands' innovative design capabilities, strong brand
management focus, and strategic vision enable it to create new
opportunities, product categories and market expansion for brands
on a global scale.

GBG USA is a company incorporated under the laws of Delaware and is
an indirect wholly owned subsidiary of the Company.  GBG USA is
primarily engaged in operating the wholesale and direct-to-consumer
footwear and apparel business in North America.

GBG USA and 10 affiliates sought Chapter 11 protection (Bankr.
S.D.N.Y. Lead Case No.  21-11369) on July 29, 2021.  In the
petition signed, GBG estimated both assets and liabilities between
$1 billion and $10 billion. The cases are handled by Honorable
Judge Michael E Wiles.

Willkie Farr & Gallagher LLP is the Debtors' counsel.  Ankura
Consulting Group, LLC, is the Debtors' restructuring advisor.
Ducera Partners LLC is the Debtors' financial advisor.
Prime Clerk LLC is the claims and noticing agent.



GDC TECHNICS: Sept. 1 Plan Confirmation Hearing Set
---------------------------------------------------
GDC Technics, LLC, filed with the U.S. Bankruptcy Court for the
Western District of Texas a motion for order approving Disclosure
Statement and scheduling a hearing on Confirmation of Plan.

On July 29, 2021, Judge Craig A. Gargotta granted the motion and
ordered that:

     * The Disclosure Statement is approved as having adequate
information as required by section 1125 of the Bankruptcy Code.

     * Sept. 1, 2021, at 9:00 a.m. in the U.S. Bankruptcy Court for
the Western District of Texas, San Antonio Division, 615 E. Houston
St., SA Courtroom # 3, 5th Floor, San Antonio, Texas 78205 is the
hearing to consider confirmation of the Plan.

     * Aug. 25, 2021, at 5:00 p.m. is set as the deadline by which
all ballots accepting or rejecting the Plan must be actually
received by the Debtor’s voting and tabulation agent, Wick
Phillips Gould & Martin, LLP.

     * Aug. 25, 2021, is the deadline to file objections to
confirmation of the Plan.

     * Aug. 30, 2021, is the deadline to file any replies to timely
filed objections to confirmation of the Plan.

     * Aug. 30, 2021, is the deadline for the Debtor to file a
written ballot summary in conformance with Local Rule 3018 and
Appendix L-3018-b.

A copy of the order dated July 29, 2021, is available at
https://bit.ly/3jaI7xc from PacerMonitor.com at no charge.  

Counsel for the Debtors:

   Jason M. Rudd, Esq.
   Scott D. Lawrence, Esq.
   Wick Phillips Gould & Martin, LLP
   3131 McKinney Ave., Suite 500
   Dallas, TX 75204
   Telephone: (214) 692-6200
   Facsimile: (214) 692-6255
   Email: jason.rudd@wickphillips.com
          scott.lawrence@wickphillips.com

             - and -

   Lauren K. Drawhorn, Esq.
   Wick Phillips Gould & Martin, LLP
   100 Throckmorton Street, Suite 1500
   Fort Worth, TX 76102
   Telephone: (817) 332-7788
   Email: lauren.drawhorn@wickphillips.com

                      About GDC Technics

Headquartered in Fort Worth, Texas, GDC Technics LLC --
https://www.gdctechnics.com/ -- is a global aerospace company with
expertise in engineering and technical services, modifications,
electronic systems, R&D, and MRO services.

GDC Technics sought Chapter 11 bankruptcy protection (Bankr. W.D.
Texas Lead Case No. 21-50484) on April 26, 2021. CEO Brad Foreman
signed the petition. At the time of the filing, the Debtor had
between $10 million and $50 million in both assets and liabilities.
The case is handled by Judge Craig A. Gargotta.

The Debtor tapped Wick Phillips Gould & Martin, LLP and
SierraConstellation Partners, LLC as its bankruptcy counsel and
restructuring advisor, respectively. Carl Moore, managing director
at SierraConstellation, serves as the Debtor's chief restructuring
officer.

Oliver Zeltner of Jones Day is representing Boeing Co. Gabe Morgan
of Weil, Gotshal & Manges is representing the pre-bankruptcy
lenders.

The U.S. Trustee for Region 7 appointed an official committee to
represent unsecured creditors in the Chapter 11 case of GDC
Technics, LLC. The committee tapped Troutman Pepper Hamilton
Sanders LLP as bankruptcy counsel, Kane Russell Coleman Logan PC as
local counsel, and Berkeley Research Group, LLC as financial
advisor.


GENERAL ELECTRIC: Egan-Jones Keeps BB+ Senior Unsecured Ratings
---------------------------------------------------------------
Egan-Jones Ratings Company, on July 23, 2021, maintained its 'BB+'
foreign currency and local currency senior unsecured ratings on
debt issued by General Electric Company.

Headquartered in Boston, Massachusetts, General Electric Company is
a globally diversified technology and financial services company.



GENESIS HEALTHCARE: Moody's Affirms Ba2 Rating
----------------------------------------------
Moody's Investors Service has affirmed Genesis Healthcare System's
(OH) Ba2 rating. At the same time, Moody's revised the outlook to
positive from stable. Genesis Healthcare System (GHS) has about
$279 million of debt outstanding.

RATINGS RATIONALE

Affirmation of the Ba2 reflects Moody's view that GHS will continue
to benefit from a leading market position and steady margins. GHS
will likely experience relatively good recovery levels volume-wise
and should benefit from expansion of outpatient services, including
a planned facility in Coshocton, as well as a new pediatric
partnership. Management expects operating cash flow (OCF) margins,
which remained intact amid pandemic related disruptions due in part
to CARES funds and cost-cutting measures, will be sustained at
moderate levels. Days cash and cash to debt metrics will moderate
as management funds capital projects and its pension plan, but will
likely remain at better than historical levels, benefiting from
recently improved AR collections and favorable investment gains.
GHS's leverage, as measured by debt to cash flow and debt to
revenue, will remain relatively high. Other ongoing challenges
include competition from larger systems based in Columbus, modest
demographics and high exposure to governmental payers. GHS's
significant reliance on 340-related net income will provide risk
given rising scrutiny and push back on drug pricing and the 340B
program. While net performance has been positive thus far, GHS will
face some uncertainty as it continues to participate in CMS's
bundled payment program.

RATING OUTLOOK

The positive outlook incorporates Moody's expectation that GHS will
return to pre-pandemic volume trends and maintain steady, albeit,
moderate margins, benefiting from expansion projects. The outlook
also reflects Moody's view that despite capital spending and
planned pension funding, GHS will likely be able to maintain days
cash and cash to debt metrics that are still better than historical
levels prior to fiscal 2020.

FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATING

Days cash and cash to debt metrics are not diluted beyond
expectations and remain above pre-2020 historical levels following
completion of capital projects and planned pension funding

Operating cash flow margins sustained at least at recent levels

Lower leverage as measured by debt to cash flow

Ongoing evidence of ability to perform well under value-based
reimbursement programs

FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATING

Operating cash flow margins sustained at lower levels

Greater than anticipated deterioration of days cash or rise in
leverage as measured by cash to debt or debt to cash flow

Negative changes to net income from 340B

LEGAL SECURITY

The Series 2013 Bonds and system's outstanding notes are equally
and ratably secured by mortgages on the Mortgaged Property and a
security in the Gross Revenues of the obligated group. The
obligated group is comprised of Genesis HealthCare System, Genesis
HealthCare Foundation, Good Samaritan Medical Center Foundation,
Bethesda Health Foundation, CareServe, Genesis CareGivers,
CareLife, LLC, Professionals PRN LLC, CareEquip, LLC, Genesis
Medical Group LLC, Genesis Emergency Physicians LLC, Genesis Urgent
Care Physicians LLC, Genesis Primary Care Physicians LLC and
Genesis Surgical Services LLC.

PROFILE

Genesis HealthCare System is a stand-alone community hospital
located in Zanesville, Ohio about 55 miles east of Columbus. In
addition to the acute care hospital, Genesis provides patients in
the community access to outpatient care, including primary and
specialty physician clinics, urgent care facilities, an outpatient
surgery center, outpatient therapy and an ambulance service.

METHODOLOGY

The principal methodology used in this rating was Not-For-Profit
Healthcare published in December 2018.


GENOCEA BIOSCIENCES: Incurs $4.3 Million Net Loss in Second Quarter
-------------------------------------------------------------------
Genocea Biosciences, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $4.31 million on zero license revenue for the three months ended
June 30, 2021, compared to a net loss of $11.32 million on $906,000
of license revenue for the three months ended June 30, 2020.

For the six months ended June 30, 2021, the Company reported a net
loss of $16.29 million on zero license revenue compared to a net
loss of $24.17 million on $906,000 of license revenue for the same
period during the prior year.

As of June 30, 2021, the Company had $77.38 million in total
assets, $73.33 million in total liabilities and $4.06 million in
total stockholders' equity.  As of June 30, 2021, cash and cash
equivalents were $60.4 million compared to $79.8 million as of Dec.
31, 2020.

Research and Development were $10.5 million for the quarter ended
June 30, 2021, compared to $8.6 million for the same period in
2020. R&D expenses were $19.3 million for the six months ended June
30, 2021, compared to $18.6 million for the same period in 2020.
The increase in R&D expenses for the three months ended June 30,
2021 is mainly due to growth in our internal research and
manufacturing teams and GEN-011 manufacturing and clinical costs.
The increase in R&D expenses for the six months ended June 30, 2021
is mainly due to growth in the Company's internal research and
manufacturing teams, partially offset by the timing of GEN-011
engineering and clinical manufacturing costs.

General and Administrative expenses were $4.0 million for the
quarter ended June 30, 2021, compared to $3.5 million for the same
period in 2020.  G&A expenses were $7.7 million for the six months
ended June 30, 2021, compared to $6.9 million for the same period
in 2020.  The increase in G&A expenses for both periods is mainly
due to growth in our internal G&A team, partially offset by
decreased facility costs.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1457612/000145761221000092/gnca-20210630.htm

                      About Genocea Biosciences

Headquartered in Cambridge, Massachusetts, Genocea --
http://www.genocea.com-- is a biopharmaceutical company developing
personalized cancer immunotherapies.  The Company uses its
proprietary discovery platform, ATLAS, to profile CD4+ and CD8+T
cell (or cellular) immune responses to tumor antigens.

Genocea reported a net loss of $43.71 million for the year ended
Dec. 31, 2020, compared to a net loss of $38.95 million for the
year ended Dec. 31, 2019.  As of March 31, 2021, the Company had
$83.94 million in total assets, $82.18 million in total
liabilities, and $1.76 million in total stockholders' equity.


GROM SOCIAL: Melvin Leiner Quits as CFO
---------------------------------------
Melvin Leiner resigned as chief financial officer, secretary and
treasurer of Grom Social Enterprises, Inc.  As a result of his
resignation as the Company's chief financial officer, Mr. Leiner
relinquished his role as the Company's "Principal Financial and
Accounting Officer" for Securities and Exchange Commission
reporting purposes.  Mr. Leiner remains the Company's executive
vice president and chief operating officer, and a member of the
Company's board of directors.

Effective immediately upon Mr. Leiner's resignation, the Company
appointed Jason Williams as the Company's chief financial officer,
secretary and treasurer.  In addition, for SEC reporting purposes,
Mr. Williams was designated as the Company's "Principal Financial
and Accounting Officer."

Mr. Williams, 47, has more than 20 years of leadership experience
in accounting, finance, and operations.  Before joining the
Company, Mr. Williams served as president of WM Consulting, LLC,
offering executive-level, strategic and financial consulting
services since 2016.  Prior to this, Mr. Williams served as chief
financial officer for two publicly traded companies and in varying
financial leadership roles with several other entities.  Mr.
Williams earned his Bachelor of Science in Accounting from Florida
Atlantic University in 1995 and is a Certified Public Accountant
(inactive).

In consideration for his services as an officer of the Company, Mr.
Williams (i) will receive a base salary in the amount of $216,000
per annum, effective as of the period commencing on July 15, 2021;
and (ii) will have the opportunity to participate in the Company's
executive bonus, stock option, and equity incentive plans.

Since Jan. 1, 2020, the Company paid Mr. Williams an aggregate of
$175,000 in consulting fees for services he provided to the Company
through his company, WM Consulting, LLC.

                         About Grom Social

Boca Raton, Florida-based Grom Social Enterprises, Inc. --
www.gromsocial.com -- is a media, technology and entertainment
company focused on delivering content to children under the age of
13 years in a safe secure Children's Online Privacy Protection Act
("COPPA") compliant platform that can be monitored by parents or
guardians.  The Company operates its business through the following
four wholly-owned subsidiaries: Grom Social, Inc., TD Holdings
Limited, Grom Educational Services, Inc. , and Grom Nutritional
Services, Inc.

Grom Social reported a net loss of $5.74 million for the year ended
Dec. 31, 2020, compared to a net loss of $4.59 million for the year
ended Dec. 31, 2019.  As of March 31, 2021, the Company had $17.51
million in total assets, $6.77 million in total liabilities, and
$10.74 million in total stockholders' equity.

BF Borgers CPA PC, in Lakewood, Colorado, the Company's auditor
since 2015, issued a "going concern" qualification in its report
dated April 13, 2021, citing that the Company has incurred
significant operating losses since inception and has a working
capital deficit which raises substantial doubt about its ability to
continue as a going concern.


GRUPO AEROMEXICO: Agrees to Mediation on Valuation Issues
---------------------------------------------------------
Grupo Aeromexico, S.A.B. de C.V. on July 30 disclosed that under
its senior secured superpriority debtor in possession term loan
facility ("DIP Facility"), the Company needs to deliver final
valuation materials to its DIP Lenders in advance of filing a Plan
of Reorganization. With the authorization of the Court presiding
over Aeromexico's Chapter 11 voluntary financial restructuring
process, the Company and key stakeholders have agreed to a
mediation to be conducted by Judge Sean H. Lane of the United
States Bankruptcy Court for the Southern District of New York.  The
mediation parties are expected to participate in good faith
discussions about the valuation materials and other key next steps
in Aeromexico's Chapter 11 cases. The Company anticipates that
mediation will begin next week.  Aeromexico also informs that it
intends to file a Plan of Reorganization within the timeline
contemplated under the DIP Facility, and the Company expects such
Plan to embody any consensual resolutions reached through
mediation.

                      About Grupo Aeromexico

Grupo Aeromexico, S.A.B. de C.V. (BMV: AEROMEX) --
https://www.aeromexico.com/ -- is a holding company whose
subsidiaries are engaged in commercial aviation in Mexico and the
promotion of passenger loyalty programs.

Aeromexico, Mexico's global airline, has its main hub at Terminal 2
at the Mexico City International Airport. Its destinations network
features the United States, Canada, Central America, South America,
Asia and Europe.

Grupo Aeromexico and three of its subsidiaries sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 20-11563) on June 30,
2020. In the petitions signed by CFO Ricardo Javier Sanchez Baker,
the Debtors reported consolidated assets and liabilities of $1
billion to $10 billion.

Timothy Graulich, Esq., of Davis Polk and Wardell LLP, serves as
counsel to the Debtors.



GUDORF PLUMBING: Combined Plan & Disclosure Confirmed by Judge
--------------------------------------------------------------
Judge Andrea K. McCord has entered an order confirming the Combined
Small Business Chapter 11 Plan of Reorganization and Disclosure
Statement of Debtor Gudorf Plumbing Heating Cooling and Electrical,
Inc.

The Court notes that Alpha filed an objection to the Plan but based
on representations by the Debtor that it was paying rent to the
entity that Alpha holds a secured claim against and that pursuit of
recovery on such secured claim was not opposed by the Debtor, Alpha
withdrew its objection on the record.

The Plan has been accepted in writing by the creditors whose
acceptance is required by law. The provisions of Chapter 11 of the
Code have been complied with; that the Plan has been proposed in
good faith and not by any means forbidden by law.

All payments made or promised by the Debtor by a person issuing
securities or acquiring property under the Plan or by any other
person for services or for costs and expenses in, or in connection
with, the Plan and incident to the case, having been fully
disclosed to the Court and are reasonable or if to be fixed after
the confirmation of Plan, will be subject to approval of the
Court.

A copy of the Plan Confirmation Order dated July 29, 2021, is
available at https://bit.ly/37f49co from PacerMonitor.com at no
charge.

Attorney for the Debtor:

     KC Cohen
     KC Cohen, Lawyer, PC
     151 N. Delaware St., Ste. 1106
     Indianapolis, IN 46204
     Phone: 317-715-1845
     kc@esoft-legal.com

                  About Gudorf Supply Company

Gudorf Supply Company, Inc., a residential heating and air service
company in Jasper, Ind., filed its voluntary petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Ind. Case No.
21-70158) on March 10, 2021. Michael Gudorf, president, signed the
petition.  At the time of the filing, the Debtor disclosed total
assets of up to $50,000 and total liabilities of up to $10
million.

Judge Andrea K. McCord oversees the case.

The Debtor tapped KC Cohen, Lawyer PC as legal counsel; Michael L.
Einterz, Esq., at Einterz and Einterz as special counsel; and
Richey, Mills & Associates, LLP as financial advisor.


GVS TEXAS: Wins Final Cash Collateral Access
--------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas,
Dallas Division, has authorized GVS Texas Holdings I, LLC and
affiliates to use cash collateral on final basis and provide
related relief.

The Debtors have an immediate and critical need to use the Mortgage
Loan Collateral (including Cash Collateral) in order to permit,
among other things, the orderly continuation of the operation of
their businesses, including through the payment of employee wage
costs, payment of insurance and taxes on the real property, payment
of vendors and other general unsecured creditors for necessary
services, payment of repair and other capital expenditure costs at
the properties, and the administration of their Chapter 11 cases,
in each such case in accordance with the terms of this Final Order,
including in accordance with the Budget.

The party with an interest in Cash Collateral is Wells Fargo Bank,
National Association, as Trustee, for the benefit of the Registered
Holders of UBS Commercial Mortgage Trust 2019-C16 Commercial
Mortgage Pass-Through Certificates, Series 2019-C16, in its
capacity as A-2-1 Noteholder and Lead Securitization Noteholder on
behalf of the related companion noteholders; Wells Fargo Bank,
National Association, as Trustee, for the benefit of the Registered
Holders of UBS Commercial Mortgage Trust 2018-C15; and Wilmington
Trust, National Association, as Trustee, for the benefit of Wells
Fargo Commercial Mortgage Trust 2019-C50 Commercial Mortgage
Pass-Through Certificates, Series 2019-C50, by and through Midland
Loan Services, a division of PNC Bank, N.A. as special servicer for
the Lead Securitization Noteholder.  The Senior Lender is party to
a Loan Agreement, dated as of November 30, 2018, by and between UBS
AG, as original lender, and the borrower PropCos party thereto.

Propcos refer to certain Debtors, collectively, GVS Colorado
Holdings I, LLC, GVS Illinois Holdings I, LLC, GVS Indiana Holdings
I, LLC, GVS Missouri Holdings I, LLC, WC Mississippi Storage
Portfolio I, LLC, GVS Nevada Holdings I, LLC, GVS New York Holdings
I, LLC, GVS Ohio Holdings I, LLC, GVS Ohio Holdings II, LLC, GVS
Tennessee Holdings I, LLC, GVS Texas Holdings I, LLC, and GVS Texas
Holdings II, LLC.

The Debtors are authorized, subject to the terms and conditions of
the Final Order, to use all Cash Collateral to (a) fund the tax
reserve account, the insurance reserve account, and the capital
reserve account in the ordinary course of business and as set forth
in the Mortgage Loan; (b) make adequate protection payments to
Senior Lender equal to interest being paid at the contract,
non-default rate (default interest to accrue), plus reimbursement
of all of Senior Lender's reasonable post-petition professional
fees and expenses; and (c) satisfy other post-petition operating
and reorganization expenses of the Debtors' business, including but
not limited to, (i) operational costs, employee wages, insurance,
utilities, and tax costs; (ii) allowed fees and expenses incurred
by professionals retained under sections 327, 328, 363 and/or 1102
of the Bankruptcy Code by the Debtors and any statutory committees
appointed in these chapter 11 cases; (iii) payments to Robert
Albergotti in his capacity as lead independent director to the
Debtors, consistent with the terms of that certain appointment
letter dated June 16, 2021; and (iv) management fees to Great Value
Storage, LLC according to the terms set forth in the Management
Agreements by and between each of the PropCos and Great Value,
including through the true-up of management fees owed but not paid
in July; provided that Senior Lender is granted the adequate
protection.

As adequate protection for the Debtor's use of cash collateral, the
Senior Lender is granted, solely to the extent of any actual
diminution in value, if any, of the Mortgage Loan Collateral,
valid, binding, continuing, enforceable, fully perfected, first
priority senior replacement security interests in liens on any and
all tangible and intangible pre- and post-petition property of the
Debtors, whether existing before, on, or after the Petition Date.

The Adequate Protection Liens will be junior only to (i) the
Carve-Out, and (ii) any other valid, enforceable, unavoidable, and
properly perfected liens on the Mortgage Loan Collateral existing
on the Petition Date with priority over the Mortgage Loan pursuant
to the Mortgage Loan documents. The Adequate Protection Liens will
otherwise be senior to all other security interests in, liens on,
or claims against any of the Adequate Protection Collateral.

The Adequate Protection Obligations due to the Senior Lender will
constitute allowed superpriority administrative expense claims
against the Debtors in the amount of any actual diminution (if any)
in value of the Mortgage Loan Collateral (including Cash
Collateral) as provided in section 507(b) of the Bankruptcy Code,
subject and subordinate only to the Interim Carve-Out.

These events constitute an "Event of Default:"

     a. The conversion of the Debtors' cases to cases under Chapter
7 of the Bankruptcy Code;

     b. The dismissal of PropCos' chapter 11 bankruptcy cases;

     c. The granting to any other claim superpriority status or a
lien equal or superior to Senior Lender's prepetition liens or
liens granted pursuant to the Final Order, other than the
Carve-Out, "Permitted Liens" under the Mortgage Loan, and any
senior Tax Liens, without court order or Senior Lender's consent;

     d. The entry of an order reversing, staying, or amending the
Final Order;

     e. The successful exercise of loan default remedies by either
of Mezz 1 or Mezz 2; or

     f. The Debtors' failure to comply with the terms of the Final
Order.

The prepetition liens held by the Senior Lender, the Adequate
Protection Liens, and the Superpriority Claim will be subject to
and subordinate to an Interim Carve-Out.

The "Interim Carve-Out" means an amount equal to the sum of (i)
amounts payable pursuant to 28 U.S.C. section 1930(a)(6) and any
fees payable to the clerk of the Court; (ii) subject to compliance
with the Budget and any Budget Variance, accrued but unreimbursed
post-petition costs and expenses of administering the Debtors'
chapter 11 cases incurred prior to the Event of Default, including
professional fees; and (iii) up to $500,000 in accrued but
unreimbursed post-petition costs and expenses of administering the
Debtors' chapter 11 cases, including the professional fees of the
Debtors and the Committee, if any.

A copy of the order is available at https://bit.ly/3zQ3SZU from
Omni Agent Solutions, the claims agent.

                     About GVS Texas

GVS Texas Holdings I, LLC and its affiliates are primarily engaged
in renting and leasing a wide array of properties functioning
principally as self-storage and parking facilities in 64 locations
in Texas, Colorado, Illinois, Indiana, Mississippi, Missouri,
Nevada, New York, Ohio, and Tennessee. Six of the properties are in
the Dallas-Fort Worth Metroplex, with an additional 28 located
elsewhere in the State of Texas.  The properties are managed by
Great Value Storage, LLC, that maintains and manages the
facilities.

GVS Texas Holdings I and several affiliates sought Chapter 11
protection (Bankr. N. D. Texas Lead Case No. 21-31121) on June 17,
2021. In its petition, GVS Texas Holdings I listed assets and
liabilities of $100 million to $500 million each.

The parent entity, GVS Portfolio I C, LLC, filed a voluntary
Chapter 11 petition June 23, 2021.

The petitions were signed by Robert D. Albergotti, authorized
party.

Great Value Storage, LLC, is a non-Debtor operating affiliate.

Judge Michelle V. Larson oversees the case.

The Debtors tapped Thomas R. Califano, Esq., at Sidley Austin LLP
as general bankruptcy counsel.



HALLIBURTON CO: Egan-Jones Lowers Senior Unsecured Ratings to BB-
-----------------------------------------------------------------
Egan-Jones Ratings Company, on July 23, 2021, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Halliburton Company to BB- from B.

Headquartered in Houston, Texas, Halliburton Company provides
energy and engineering and construction services, as well as
manufactures products for the energy industry.



HESS MIDSTREAM: S&P Affirms 'BB+' ICR on Unit Repurchase Agreement
------------------------------------------------------------------
S&P Global Ratings affirmed its 'BB+' issuer credit rating on Hess
Midstream Operations L.P. (HESM). S&P also affirmed its 'BB+'
issue-level rating on the company's senior unsecured debt, and the
'BBB-' rating on the company's senior secured debt. The senior
secured and unsecured recovery ratings are unchanged at '1' and
'3', respectively.

The stable outlook reflects S&P's expectation that its
above-average contract profile will result in adjusted debt to
EBITDA between 2.5x-3.0x through 2022.

On July 29, HESM announced several shareholder-friendly actions. On
the heels of an upward revision to its EBITDA guidance, the
partnership announced an approximate 11% distribution increase from
the first quarter of 2021. It also reiterated its targeted annual
distribution per share growth rate of at least 5% through 2023. &P
said, "Despite these announcements we expect the partnership to
maintain a distribution coverage ratio in line with certain
midstream peers of at least 1.4x. The partnership also announced
its plan to debt-finance a $750 million unit repurchase agreement
from its sponsors, Hess Corp. (Hess) and Global Infrastructure
Partners (GIP) at a price of $24.00 per unit which is expected to
close in August. The unit repurchase weighs on credit quality as it
increases adjusted leverage to approximately 3x for year-end 2021
compared to our previous expectation of approximately 2.25x.
Approximately 11% of the partnerships units will be repurchased
which will partially reduce its cash outflows (savings of
approximately $30 million in the second half of 2021) however this
is offset by the announcement of a distribution increase." Pro
forma for the unit repurchase the public ownership of HESM will
increase to approximately 9.5%.

The partnership has a robust contract structure, which is almost
entirely fee-based. HESM's contract profile is above-average
compared to other midstream energy peers. The high percentage of
fee-based cash flows limits the partnership's direct commodity
price exposure as its cash flows are largely supported by minimum
volume commitments (MVCs). S&P said, "We forecast that
approximately 95% of revenues are supported by MVCs through 2021.
Year-to-date the partnership has received over $30 million in
shortfall fee payments related to its MVCs. Despite an
above-average contract profile, the partnership lacks geographic
diversity as its assets are concentrated in the Bakken. Compared
with the Permian, the Bakken has a higher break-even cost, which
could pressure volumes that are not regulated by MVCs during a
prolonged period of weak commodity prices. We do not forecast any
material improvement to HESM's diversification in the near term as
we expect to focus its operations in the Bakken."

The rating reflects the partnership's strategic relationship to
Hess Corp. Approximately 100% of revenues come from Hess, one of
HESM's two sponsors. Together with GIP, its sponsors control the
general partner of HESM as such they have control over HESM's
financial policy and governance. Although not absolute, S&P thinks
its sponsors would support HESM under most circumstances if it came
under stress or couldn't access the capital markets. That said, it
believes the partnership is more strategic to Hess rather than GIP
as Hess relies on HESM for its midstream needs within the Bakken.
Hess is expected to increase its rig count in the Bakken to three
rigs in September 2021 which will drive further growth through
2022.

S&P said, "Adjusted leverage below 3x is lower than certain peers.
We now forecast the partnership to generate adjusted EBITDA of
approximately $895 million which is approximately 20% higher than
the previous year. We now expect EBITDA growth of 5%-10% for 2022
which results in adjusted debt to EBITDA of approximately 3x in
2021 and 1.7x in 2022. Even with the forecasted distribution
increase we expect the partnership to generate a free operating
cash flow surplus of at least $50 million in 2022.

"The stable outlook reflects our expectation that Hess Midstream
will maintain adjusted debt to EBITDA between 2.5x-3.0x through
2022 supported by an above-average contract profile.

"A downgrade on Hess Corp. will not automatically lead to a
negative rating action on HESM, unless we believed HESM's
stand-alone credit profile was no better than 'bb'. We could lower
the rating on Hess Midstream if adjusted debt to EBITDA was
sustained above 4.0x and if Hess Corp was downgraded.

"Although unlikely in the near term, we could also raise ratings if
Hess Midstream significantly improved its scale and diversity
resulting in an improvement in the company's business risk while
maintaining leverage below 3.5x. Separately, we could also raise
the rating if we raised the rating on Hess Corp."



IEA ENERGY: Moody's Hikes CFR to B2 & Rates $300MM Unsec. Notes B3
------------------------------------------------------------------
Moody's Investors Service has upgraded IEA Energy Services LLC's
Corporate Family Rating to B2 from B3, Probability of Default
Rating to B2-PD from Caa1-PD. The Speculative Grade Rating is
upgraded to SGL-2 from SGL-3. The outlook is stable.

At the same time, Moody's has assigned a B3 rating to IEA's
proposed $300 million senior unsecured notes. The notes proceeds,
together with the equity issuance proceeds, will be used to repay
the company's existing first lien debt and Series B Preferred
Stock, together with the associated redemption premium, related
fees and expenses. The B2 rating on IEA's senior secured first lien
debt will be withdrawn upon the repayment of the existing first
lien term facility.

"IEA's B2 CFR is supported by its strong market position in the
construction of wind and solar power projects, which have favorable
market prospects, its large order backlog and its improved
financial profile after the recently completed equity issuance. In
particular, the company's new capital structure helps reduce
interest expenses, increase free cash flow generation and enhance
financial flexibility. However, IEA's reliance on the renewable
energy sector for the majority of its profits, fixed price contract
risk, volatile operating history and potential acquisitions remain
key rating constraints," says Jiming Zou, Moody's lead analyst for
the company.

Upgrades:

Issuer: IEA Energy Services LLC

Corporate Family Rating, Upgraded to B2 from B3

Probability of Default Rating, Upgraded to B2-PD from Caa1-PD

Speculative Grade Liquidity Rating, Upgraded to SGL-2 from SGL-3

Assignments:

Issuer: IEA Energy Services LLC

Senior Unsecured Regular Bond/Debenture , Assigned B3 (LGD2)

Outlook Actions:

Issuer: IEA Energy Services LLC

Outlook, Remains Stable

RATINGS RATIONALE

The equity issuance and refinancing transactions will reduce IEA's
reported gross debt by about $90 million to $357 million and more
than halve its annual interest expense to below $30 million. Its
credit metrics at the closing of the transactions will be strong
based on its last twelve months EBITDA of $111 million, creating
rating headroom against risks of cost overruns and project delays.
Moody's expect IEA will continue to exhibit earnings volatility, as
the vast majority of its revenues stem from fixed-price contracts.
Price competition, extreme weather conditions, labor and equipment
shortage could negatively affect project execution and erode IEA's
earnings despite its technical expertise, as evidenced in late 2018
and early 2019. IEA's recently established maintenance service
platform is expected to provide some recurring revenues, but is in
a nascent stage and will take time to generate meaningful income to
mitigate fixed-price contract risk.

IEA's earnings have improved in the last two years thanks to the
increasing wind and solar energy projects, expanded business scope
to civil work, reduced downtime and improved productivity. The
company benefits from a sizeable, and still growing, $2.8 billion
backlog and an entrenched position in the wind power market.
Moody's expect the recent extensions of tax credits for the wind
and solar energy, the Biden administration's infrastructure
proposals and the coal ash remediation business will support sales
and earnings in the next two to three years.

The evolving federal tax credits and state renewable energy
policies will continue to affect IEA's long-term business
prospects. Although the costs of wind and solar energy have
declined remarkably making them competitive against conventional
energy sources, the phase-out of tax credits could have an adverse
effect on the construction of wind and solar projects. IEA's
specialty civil segment now accounts for almost third of the
company's revenues and reduces its exposure to renewable energy,
but it remains a competitive and cyclical business with many larger
and better capitalized players.

Event risks such as business acquisitions remain a rating
constraint given their funding needs and integration risks. Moody's
expect management to pursue acquisitions given opportunities for
consolidation in the construction sector, its large cash balance
and access to an expanded revolving credit facility. Additionally,
Ares will have a strong influence on IEA's business and financial
decisions given the expected increase in its equity ownership in
IEA up to 37.8% from the current level of about 23% on a
fully-diluted basis.

IEA's SGL-2 liquidity rating reflects its large cash balance of
about $160 million at the closing, full availability under its new
revolving credit facility which is expected to be $150 million and
the expected free cash flow generation. Moody's expect IEA will
continue to generate positive free cash flows, aided by its
materially reduced interest expense, baring adverse weather events
or project cost overruns. The new revolving credit facility will
have two maintenance covenants with ample headroom at the
transaction closing.

IEA's senior unsecured notes are rated B3, one notch below the B2
CFR, due to their senior unsecured nature relative to the senior
secured revolving credit facility. The revolver has a first
priority security interest in and lien upon substantially all of
the tangible and intangible assets.

The stable outlook reflects that strong orders and policy tailwinds
will support IEA's earnings and good liquidity over the next 12-18
months.

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

IEA's ratings could upgrade if the company demonstrates consistent
project delivery on time and budget, improves its business
visibility with a meaningful share from service, maintenance and
upgrade contracts. Funds from operations (cash flow from operations
before working capital changes) in excess of 20% of outstanding
debt, consistent free cash flow, and a leverage ratio sustainably
below 3.5x will be required to support rating upgrade.

IEA's ratings could be downgraded if its operating performance
weakens or credit metrics deteriorate on debt funded acquisitions
or shareholder dividends. Funds from operations (cash flow from
operations before working capital changes) being sustained below
15% of outstanding debt, debt leverage ratio sustained above 5.0x
or a deterioration in its liquidity profile could lead to rating
downgrade.

Headquartered in Indianapolis, Indiana, IEA Energy Services LLC is
an engineering, procurement and construction company that primarily
serves the wind farm construction, transportation and rail end
markets. IEA is a subsidiary of Infrastructure & Energy
Alternatives, Inc. (NASDAQ: IEA). Ares currently owns about 23% of
fully diluted shares outstanding on a fully-diluted basis. IEA
generated $1.75 billion in revenues in 2020.

The principal methodology used in these ratings was Construction
Industry published in March 2017.


INFRASTRUCTURE & ENERGY: Fitch Affirms 'B' LT IDRs, Outlook Stable
------------------------------------------------------------------
Fitch Ratings has affirmed Infrastructure and Energy Alternatives,
Inc.'s and IEA Energy Services LLC's Long-Term Issuer Default
Ratings (IDRs) at 'B'. In addition, Fitch has has assigned a
'BB'/'RR1' rating to the company's new senior secured revolver, and
'B'/'RR4' rating for the company's $300 million of new senior
unsecured notes, which will be issued at IEA Energy Services LLC.
The Rating Outlook is Stable.

Proceeds from the new notes, together with proceed from newly
issued common stock, will be used to repay IEA's term loan B and
series B preferred shares. As part of the transaction, the series A
preferred shares will convert to common stock. Fitch views the note
issuance as relatively neutral to the company's credit profile.

Fitch believes leverage is increasing because it does not view the
company's preferred shares as debt, according to the definition for
shareholder loans under Fitch's Corporate Criteria. However,
despite the increase in leverage as measured by Fitch, the
company's metrics remain within its negative rating sensitivities,
while the new capital structure significantly extends the
maturities of IEA's outstanding obligations and greatly reduces
cost of capital.

KEY RATING DRIVERS

IEA's ratings reflect the company's improving EBITDA margins,
positive FCF, strong position in niche markets, and increasing
diversification. Fitch also considered the improving economics of
both solar and wind energy, particularly due to the extension of
certain renewable tax credits, as well as management's focus on
better contract terms with customers. Fitch also views the
significant demand in solar energy construction as a material
positive that could lead to the company outperforming Fitch's
forecast.

Risks to the rating include company's high degree of fixed-price
contracts, sensitivity to working capital fluctuations, and the
risk of future cost overruns. As with other engineering and
construction companies, execution risk is significant. Failure to
complete projects on time and on budget could materially affect the
company's profitability and liquidity, potentially leading to a
negative rating action.

Modest Leverage for the Rating: Fitch considers IEA's leverage
(gross debt/EBITDA) modest for a 'B' rated engineering and
construction (E&C) company. Although leverage is expected to
increase following the proposed transaction, the company's credit
metrics will remain within its rating sensitivities. Fitch
considers the company's capital structure as a moderate factor in
its credit profile, and expects to focus on IEA's execution,
backlog growth, and profitability as the main considerations for
future positive rating momentum.

Stable Profitability: Fitch believes the company's EBITDA margins
will likely remain in the mid-single-digit range over the next few
years; FFO and FCF margins are projected in the low-single-digit
range. Fitch anticipates the company's increased diversification
will aid in stabilizing the company's revenue volatility. In
particular, recent and expected solar demand has outpaced Fitch's
previous expectations. In addition, the company's coal ash
remediation business is highly regulated and should provide fairly
consistent contracts, with gradually increasing demand over time.

IEA's improved and stable profitability also supports Fitch's
assumption that the company will generate consistent FCF, adjusted
for seasonality and temporary working capital swings.

Strong Position in Niche Markets: IEA services relatively unique
construction end markets such as wind and renewable energy and
rail, in addition to industrial services. The company estimates it
has a 30% market share within the utility scale wind market, while
the top three contractors are estimated to service approximately
70% of total capacity. Fitch believes the company's position in
these unique and specialized markets provides benefits, such as
visibility into customers' long-term plans and an incumbency that
could lead to additional contracts.

Diversification Improving: Fitch considers IEA somewhat diversified
by end-market between Civil, Wind Power, and Rail, and expects the
company will continue searching for opportunities to expand. Fitch
believes additional diversification, particularly via organic
growth or internally funded acquisitions, would be beneficial
overall; however, there are inherent risks when expanding into new
markets and geographies.

The focus on execution will remain a priority. Fitch views the
company's growing backlog as favorable to the company's credit
profile, and expects the backlog to remain relatively stable over
the next one to two years. Fitch also views the company's backlog
diversification as a meaningful contributor to the company's
growth.

Supportive Legislative Environment: Fitch views the current
legislative environment regarding clean energy as positive for IEA.
Contracts already underway and in the backlog qualify under current
law for certain tax credits, which were recently extended out to
2025. This is a positive driver for the company and has led to an
improvement in Fitch's forecasts within the ratings case versus
Fitch's recent review.

Additionally, individual states have committed to transitioning to
a greater proportion of renewable energy over the next several
years via Renewable Portfolio Standards (RPS) that have been
enacted on the state level.

Improving Renewable Economics: Fitch believes the improving
economics of wind and solar power is a strong tailwind for the
company. The company's expansion into solar presents a growth
platform driven by an increase in demand, somewhat lower execution
risk than wind and neutral-to-negative correlation with growth of
wind demand. Further improvement of the cost of renewable energy
production would also stabilize the long-term viability of its use,
independent of outside factors such as fossil fuel and commodity
costs, and the legislative environment.

Prudent Contract Bidding: Despite the supply of contracts across
IEA's various end-markets, management has also indicated its
intention to prudently bid on contracts in order to avoid exceeding
the company's capacity. Fitch believes this will mitigate some of
the risks associated with cost overruns, although the company will
still need to execute on its outstanding contracts.

Execution Risk: Fitch believes IEA has a meaningful degree of
execution risk. Nearly all of the company's contracts are on a
fixed price basis, which increases the risk of change orders and
disputes. Management has expressed its intention to minimize
contract overruns through risk-mitigating actions; however, it must
continuously execute on these objectives. Execution risk could grow
as the company aims to expand into new end markets, which may
require additional training, experience or specialization in order
to effectively bid on new awards and complete them on time and on
budget.

DERIVATION SUMMARY

IEA's 'B' rating reflects the company's meaningful execution risk,
demonstrated by the cost overruns that have occurred in the past,
which along with seasonality, contributed to the company's
temporarily strained liquidity in 1Q19. Pro forma margins are in
line or stronger than other 'B' category E&C peers such as Tutor
Perini (B+/Stable); however, they could be slightly more volatile
given IEA's smaller scale and lower backlog relative to size.

Leverage is strong for the rating, though it will be marginally
weaker following the proposed note issuance. Fitch believes the
company's diversification improved meaningfully following the two
acquisitions completed in 2018. The company also maintains a strong
position in the wind power construction market, and is well
prepared to compete across the various niche segments in which it
operates.

KEY ASSUMPTIONS

Fitch's key assumptions within the rating case for the issuer:

-- Revenue increases in the high-single digit to low double-digit
    range annually through 2024, primarily as a result of new
    solar power construction, coupled with improved economics of
    renewable energy and various states' governments' planned
    shifts to renewables over the next several years;

-- Company begins executing on new rail projects in 2021; civil
    revenue is relatively flat throughout the forecast;

-- Margins remain relatively steady at each segment throughout
    the forecast period;

-- Minimal capex spending requirements;

-- Fitch does not explicitly incorporate any acquisitions into
    its forecast, but recognizes the company could use excess cash
    to pursue M&A;

-- No material cost overruns or project delays.

Recovery Assumptions

The recovery analysis assumes IEA would be reorganized rather than
liquidated, and would be considered as a going concern (GC). Fitch
has assumed a 10% administrative claim in the recovery analysis.

In Fitch's recovery analysis, potential default is assumed to come
from a combination of one or more of the following: significant
cost overruns cause project delays and significant cash
requirements, limiting the company's ability to service debt; or
the roll-off of wind tax credits results in a severe reduction of
wind power contracts and inclusion in the U.S. energy mix over the
long term, while the company is simultaneously unable to diversify
revenue streams enough to stem these declines.

Fitch assumes a pro forma $60 million as the going concern EBITDA
in its analysis. Fitch's recovery assumptions reflect a situation
where new wind construction declines significantly from current
levels, while the company experiences material project cost
overruns. The EBITDA value assumes a post-emergence level beyond
the trough which would hypothetically cause bankruptcy.

The GC EV multiple used in IEA's recovery analysis is approximately
5.0x. Fitch believes the company's business profile is sustainable,
although there is a degree of execution risk and some risk of cost
overruns. The 5x multiple is deemed appropriate, though on the low
end for U.S. Engineering and Construction peers due to the
company's low trading multiple for the sector and relatively small
scale when compared to the global E&C industry. Meanwhile, Fitch
also considered the company's very strong position in the niche
renewable construction industry and solid backlog.

Fitch notes that in the going-concern scenario, the valuation
exceeds a liquidation approach in which a 50% accounts receivable
recovery rate is used. The accounts receivable recovery rate
includes Fitch's assumption that much of the company's current
project receivables would not be available to pre-petition
creditors as a result of project disputes/litigation. It is
customary within the industry for major disputes with project
owners to drag on for years, even post-bankruptcy, and in any case
would likely be settled for a significant discount.

The $150 million senior first lien secured revolving credit
facility is assumed to be fully drawn upon default. These
assumptions result in a three-notch uplift from the IDR and a
Recovery Rating of 'RR1', reflecting outstanding recovery
prospects. The recovery waterfall would reflect a Recovery Rating
of 'RR4' and average recovery prospects for the $300 million of new
unsecured notes.

RATING SENSITIVITIES

Factors that may, individually or collectively, lead to positive
rating action:

-- FFO Leverage sustained below 2.25x, absent increased scale and
    improved diversification;

-- Backlog represents greater than 1.5x to 2.0x of annual revenue
    on average in order to support long-term growth and
    visibility;

-- Further end-market and project diversification and sustained
    annual revenue greater than $2 billion;

-- FCF margins consistently greater than 2.5%.

Factors that may, individually or collectively, lead to negative
rating action:

-- FFO leverage consistently above 3.0x;

-- Strained liquidity position as a result of aggressive bidding,
    project mismanagement, or material cost overruns.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Non-Financial Corporate
issuers have a best-case rating upgrade scenario (defined as the
99th percentile of rating transitions, measured in a positive
direction) of three notches over a three-year rating horizon; and a
worst-case rating downgrade scenario (defined as the 99th
percentile of rating transitions, measured in a negative direction)
of four notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are
based on historical performance.

LIQUIDITY AND DEBT STRUCTURE

Adequate Liquidity: Fitch considers IEA's liquidity position strong
at an estimated $148 million as of March 2021, and will improve
following the implementation of the company's new $150 million
revolving credit facility, which replaces the current $75 million
facility. Fitch expects liquidity, coupled with projected FCF
generation, will be sufficient to cover typical working capital
fluctuations, capex, debt servicing, and other operational cash
requirements over the rating horizon.

However, Fitch recognizes that IEA's intra-year liquidity position
could be vulnerable to seasonality, cost overruns, and project
delays, which could lead to a strain on the company's financial
profile and potential negative rating action if managed
ineffectively.

ISSUER PROFILE

Infrastructure and Energy Alternatives, Inc. is a leading
diversified infrastructure construction company with specialized
energy and heavy civil expertise. IEA serves the renewable energy,
traditional power and civil infrastructure industries across the
U.S and delivers complete engineering, procurement and construction
(EPC) services, such as design, site development, construction,
installation and restoration of infrastructure. Through recent
acquisitions, IEA has expanded its construction capabilities and
geographic presence in renewables, environmental remediation,
industrial maintenance, specialty paving and heavy civil and rail
infrastructure construction.

ESG CONSIDERATIONS

Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.


IRIDIUM COMMUNICATIONS: Egan-Jones Keeps B- Sr. Unsecured Ratings
-----------------------------------------------------------------
Egan-Jones Ratings Company, on July 22, 2021, maintained its 'B-'
foreign currency and local currency senior unsecured ratings on
debt issued by Iridium Communications Inc. EJR also maintained its
'B' rating on commercial paper issued by the Company.

Headquartered in McLean, Virginia, Iridium Communications Inc.
offers mobile satellite communications services.



JAMES HARDIE: S&P Raises ICR to 'BB+' on Sustained Low Leverage
---------------------------------------------------------------
S&P Global Ratings raised its issuer credit rating on global fiber
cement siding and backer board manufacturer James Hardie
International Group Ltd. to 'BB+' from 'BB'; at the same time, S&P
also raised its rating on the company's senior unsecured notes to
'BB+' from 'BB'.

S&P said, "The stable outlook reflects our view that adjusted debt
to EBITDA will remain at 1.5x-2x over the next 12 months based on
favorable end-market demand and low debt.

"We expect James Hardie's adjusted leverage to remain at 1.5x-2x
over the next 12 months compared to 1.7x in fiscal 2021 and our
prior expectation of about 3x. We expect the company to generate
adjusted EBITDA of about $850 million in fiscal 2022 (March
year-end), up from about $788 million in fiscal 2021 because of
strong demand in its end markets. The improvement is supported by
strong new projected residential construction demand (about 45% of
U.S. sales), which is based on our expectation for 1.59 million
housing starts in 2021 and 1.53 million in 2022 (see "Economic
Outlook U.S. Q3 2021: Sun, Sun, Sun, Here it Comes," June 24,
2021). We expect further uplift from growth in repair and
remodeling markets, which have remained resilient during the
pandemic due to exterior products benefiting from an increased
focus on home improvement. In addition to EBITDA growth, James
Hardie began fiscal 2022 with $496 million less reported debt due
to debt reduction in 2021, which included the voluntary repayment
of its $400 million 2025 senior unsecured notes.

"Our expectation of lower leverage incorporates our treatment of
the company's asbestos liability as debt, with about $554 million
added to the balance sheet debt in fiscal 2021. James Hardie has a
large asbestos liability that we view as debt and incorporate into
our calculation of its net leverage ratio. We treat the unfunded
portion of the company's asbestos liability as debt. The company
contributes up to 35% of its annual free cash flow to the Asbestos
Injuries Compensation Fund (AICF) in accordance with the amended
and restated final funding agreement. This commitment to fund the
AICF extends to at least 2045, with recurring automatic 10-year
extension periods if required. The company makes these
contributions through quarterly payments. It paid about $153
million to the fund in fiscal 2021 and expects to pay about $253
million in fiscal 2022.

"We expect the company's EBITDA margin to remain above 25% despite
some margin compression from higher input costs in fiscal 2022.
With about 70% of the cost of goods sold from raw materials, James
Hardie is subject to cost pressures from higher input costs. This
is especially so for key materials such as pulp and cement, the
average prices of which are forecast to increase about 20% and 3%,
respectively, this year. We also expect freight costs to increase
in line with our expectations for higher oil and gas prices, with
WTI increasing to $61.9/bbl in 2021 from $57/bbl last year."
However, the company is able to manage its costs through its
low-cost operations and lean manufacturing processes, bulk buying
by leveraging its scale, and favorable supply contracts at
discounted prices. In addition, about 90% of the company's costs
are variable. James Hardie is also investing internally to shift
its product mix toward higher-value (priced) products that generate
more earnings from the same production.

James Hardie has a leading market share in the cement fiberboard
segment, but it competes with lower-priced alternatives--such as
vinyl--in the siding industry. Being the No. 1 player in the North
American fiber cement market positions the company to maintain its
favorable competitive position in the region's siding market.
Although fiber cement has gained share over the past decade, it's
still only used in about 25% of new single-family homes. Cement
fiberboard also faces stiff competition from lower-priced siding
materials, specifically engineered wood products and vinyl siding.
These lower-priced, more traditional products continue to make up
about 50% of the total market. Although the risk remains that
consumers could choose these alternatives in weaker economic
environments, the company performed well in fiscal 2021, with
revenues increasing about 12% despite some disruptions related to
the coronavirus pandemic.

S&P said, "The stable outlook reflects our view that James Hardie's
adjusted debt to EBITDA will remain at 1.5x-2x over the next 12
months based on favorable end-market demand and low debt.

"We could take a negative rating action on James Hardie over the
next 12 months if its debt to EBITDA were sustained above 3x. This
could occur if U.S. housing starts are materially lower than our
assumptions or the company pursued a large debt-financed
acquisition and did not deleverage quickly, as it has
historically.

"Although unlikely given James Hardie's narrow product focus, we
could raise the rating over the next 12 months if the company were
to further reduce its debt or its unfunded asbestos liability such
that we expected debt to EBITDA to remain below 1.5x, even through
a downturn or weaker housing cycles. Over the longer term, we could
consider an upgrade if James Hardie pursued acquisitions that
improved its competitive position while also maintaining low
leverage."



JOHNSON & JOHNSON: Cancer Victims Oppose Two-Step Bankruptcy Ploy
-----------------------------------------------------------------
The Beasley Allen Law Firm and the Ashcraft & Gerel Law Firm wrote
in a statement that more than 30,000 women cancer victims would
retain their constitutional right to have juries decide if talc in
Johnson & Johnson's (NYSE:JNJ) baby products caused their ovarian
cancer under bankruptcy reforms proposed on July 28 by key
lawmakers in the U.S. Senate and House of Representatives.

The Nondebtor Release Prohibition Act of 2021 would close
controversial bankruptcy loopholes, including non-consensual
third-party releases and the so-called "Texas Two-Step." Recent
media reports indicate that Johnson & Johnson -- with a market cap
of more than $400 billion -- is contemplating bankruptcy to avoid
paying claims and damages that would likely cost a fraction of that
amount. In a quarterly earnings report issued this week, J&J
announced sales of $23.31 billion, a 27 percent increase year over
year, and upgraded its annual sales forecast to $94.6 billion.

"Many of us are shocked that Johnson & Johnson would consider
abusing the bankruptcy process to avoid caring for the women and
families they've harmed," says Deane Berg, whose 2013 trial
resulted in the first jury verdict establishing a link between
talcum powder and ovarian cancer. "Before we were harmed by J&J, we
were loyal J&J customers. They've turned their back on all of us."

Dozens of studies published in peer-reviewed journals during the
past 25 years have shown a statistically significant association
between talc use and ovarian cancer and mesothelioma. Documents
produced at trial show that the company was aware of the dangers as
far back as the 1960s.

The bankruptcy reform proposal introduced by Sen. Elizabeth Warren
(D-Mass.), Sen. Richard Durbin (D-Ill.) and Sen. Richard Blumenthal
(D-Conn.) in the Senate, and Rep. Jerrold Nadler (D-N.Y.) and Rep.
Carolyn Maloney (D-N.Y.) in the House, would address a growing
trend in which a profitable company is able to quickly corral legal
liabilities and debts into a separate corporate entity. Known as a
"divisive merger" or the "Texas Two-Step," the liability-laden
subsidiary is then reincorporated elsewhere and eventually declared
bankrupt. The threat of bankruptcy is used to intimidate
individuals who file lawsuits and to drive down the value of
negotiated settlements.

"These conscientious and well-informed lawmakers recognize that
allowing highly profitable companies to shirk their
responsibilities to society is reprehensible and can't be
tolerated," says Andy Birchfield, Mass Tort Section Head at the
Beasley Allen Law Firm, which represents thousands of women
diagnosed with ovarian cancer after exposure to Johnson & Johnson
Baby Powder and other talc-based products. "The courts -- not the
federal bankruptcy system -- are the proper forum for resolving
disputes between wrongdoers and the people they injure."

The Nondebtor Release Prohibition Act would prohibit bankruptcy
judges from allowing companies that are not a party to gain
non-consensual releases of liability as part of the bankruptcy
process. This tactic allows corporations to employ bankruptcy as a
shield against liability. The legislation aligns with other
proposed legislation -- dubbed the SACKLER Act -- introduced by
Rep. Maloney.

In addition, bankruptcy filings often result in indefinite delays
that freeze ongoing lawsuits in state and federal courts. Sen.
Warren's bill would limit stays for a duration of only 90 days.

"These legislators should be applauded for recognizing the need to
close the loopholes that allow powerful individuals and successful
corporations to play blame-shifting with people's lives," says
Michelle Parfitt, co-lead counsel in the federal talc MDL and a
senior partner in the law firm Ashcraft & Gerel. "Whether it's a
baby powder, a pharmaceutical or any other dangerous product,
consumers need to be able to gain adequate compensation for any
losses and injuries they've suffered. Without these proposals, that
fundamental tenet of our justice system is at risk."

                  About the Beasley Allen Law Firm

Headquartered in Montgomery, Alabama, Beasley Allen --
http://www.beasleyallen.com-- is comprised of more than 70
attorneys and 200 support staff. One of the largest Plaintiffs law
firms in the country, Beasley Allen is a national leader in civil
litigation, with verdicts and settlements of more than $26 billion.


               About the Ashcraft & Gerel Law Firm

Washington, D.C.-based Ashcraft & Gerel, LLP was first developed in
1953. The goal of the law firm is to help those who have been
injured while on the job. Since its founding, this law firm has
become one of the largest and most well-known personal injury firms
in the U.S.



KISMET ROCK: Seeks to Hire Barton Brimm as Legal Counsel
--------------------------------------------------------
Kismet Rock Hill, LLC seeks approval from the U.S. Bankruptcy Court
for the District of South Carolina to hire Barton Brimm, PA to
handle its Chapter 11 case.

The hourly rates of Barton Brimm's attorneys and staff are as
follows:

     Christine E. Brimm   $350 per hour
     Brianna J. Morrison  $200 per hour
     Connie L. Fraser     $150 per hour

In addition, Barton Brimm will seek reimbursement for expenses
incurred.

Christine Brimm, Esq., an attorney at Barton Brimm, disclosed in a
court filing that her firm is a "disinterested person" as that term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Christine E. Brimm, Esq.
     Barton Brimm, PA
     P.O. Box 14805
     Myrtle Beach, SC 29587
     Telephone: (803) 256-6582
     Facsimile: (803) 779-0267
     Email: cbrimm@bartonbrimm.com

                       About Kismet Rock Hill

Kismet Rock Hill, LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D. S.C. Case No.
21-01926) on July 23, 2021.  At the time of the filing, the Debtor
listed as much as $50 million in assets and as much as $10 million
in liabilities.  Judge Helen E. Burris presides over the case.
Christine E. Brimm, Esq., at Barton Brimm, PA, represents the
Debtor as legal counsel.


LATAM AIRLINES: Court Sends Plane Deal Conflict to Mediation
------------------------------------------------------------
Law360 reports that a New York bankruptcy judge on Friday, July 30,
2021, delayed ruling on a request by LATAM Airlines creditors for
permission to sue two major shareholders over a pair of canceled
aircraft deals, saying the parties should take the dispute to
mediation first.

U.S. Bankruptcy Judge James Garrity Jr. adjourned the request by
LATAM's unsecured creditor committee for standing to file suit,
saying they should take their claims before a mediator while LATAM
works with creditor groups to draw up a reorganization plan. "My
concern is if we go down the litigation road it will sidetrack the
plan," he said at the virtual hearing.

                     About LATAM Airlines Group

LATAM Airlines Group S.A. -- http://www.latam.com/-- is a
pan-Latin American airline holding company involved in the
transportation of passengers and cargo and operates as one unified
business enterprise. It is the largest passenger airline in South
America.

Before the onset of the COVID-19 pandemic, LATAM offered passenger
transport services to 145 different destinations in 26 countries,
including domestic flights in Argentina, Brazil, Chile, Colombia,
Ecuador and Peru, and international services within Latin America
as well as to Europe, the United States, the Caribbean, Oceania,
Asia and Africa.

LATAM and its 28 affiliates sought Chapter 11 protection (Bankr.
S.D.N.Y. Lead Case No. 20-11254) on May 25, 2020. Affiliates in
Chile, Peru, Colombia, Ecuador and the United States are part of
the Chapter 11 filing.

The Debtors disclosed $21,087,806,000 in total assets and
$17,958,629,000 in total liabilities as of Dec. 31, 2019.

The Hon. James L. Garrity, Jr., is the case judge.

The Debtors tapped Cleary Gottlieb Steen & Hamilton LLP as
bankruptcy counsel, FTI Consulting as restructuring advisor, Lee
Brock Camargo Advogados as local Brazilian litigation counsel, and
Togut, Segal & Segal LLP and Claro & Cia in Chile as special
counsel. The Boston Consulting Group, Inc. and The Boston
Consulting Group UK LLP serve as the Debtors' strategic advisors.
Prime Clerk LLC is the claims agent.

The official committee of unsecured creditors formed in the case
tapped Dechert LLP as its bankruptcy counsel, Klestadt Winters
Jureller Southard & Stevens, LLP as conflicts counsel, UBS
Securities LLC as investment banker, and Conway MacKenzie, LLC as
financial advisor. Ferro Castro Neves Daltro & Gomide Advogados, is
the committee's Brazilian counsel.

The Ad Hoc Group of LATAM Bondholders tapped White & Case LLP as
counsel.

Glenn Agre Bergman & Fuentes, LLP, led by managing partner Andrew
Glenn and partner Shai Schmidt, has been retained as counsel to the
Ad Hoc Committee of Shareholders.


LIMETREE BAY: Limetree Terminals Enters Into Deal with AMP
----------------------------------------------------------
Limetree Bay Terminals, LLC on Aug. 2, 2021, disclosed that it has
entered into a financing agreement under which AMP Capital
Investors S.A.R.L. and affiliates ("AMP Capital") will provide the
Company with up to $100 million in new capital.

Under the terms of the agreement, AMP Capital will provide Limetree
Terminals' indirect parent company, Limetree Bay Terminals Holdings
II, LLC with a $50 million incremental tranche of term loans, which
amount can be upsized by an additional $50 million at the election
of AMP Capital. The proceeds of the term loans will be invested in
the Company.

"This substantial capital infusion is a clear demonstration of the
strategic importance of the Limetree Bay terminal and the vital
role this large-scale logistics facility plays in the flow of
materials for St. Croix and the region," said Jeffrey Rinker,
Limetree Bay's CEO. "The transaction significantly enhances the
Company's liquidity position allowing us to build on our strategic
location and world-class facilities."

Limetree Terminals is distinct and separate from Limetree Bay
Refining LLC ("Limetree Refinery"), whose operations have been
suspended following the filing of voluntary petitions under Chapter
11 of the U.S. Bankruptcy Code. Limetree Terminals is expected to
continue to operate without interruption while Limetree Refinery
undergoes its restructuring process.

Huntons Andrews Kurth, LLP is serving as legal counsel to Limetree
Terminals and Evercore is serving as the Company's financial
advisor. Vinson & Elkins, LLP is serving as legal counsel to AMP
Capital and Davis Polk & Wardwell LLP is serving as legal counsel
to a group of the company's term loan lenders.

                 About Limetree Bay Terminals

Limetree Bay Terminals, LLC is a world-class energy logistics hub
centrally located in the Caribbean facilitating the storage,
segregation, blending, and global movement of crude oils, fuel
oils, bunker, gasolines, diesel, jet fuel, and liquid petroleum
gases. Customers include integrated global oil majors, refiners,
global trading houses, and the co-located refinery. The facility
consists of 167 tanks, with a capacity of approximately 34 million
barrels, and deep-water access to 11 docks including an offshore
single point mooring (SPM) buoy capable of loading and discharging
vessels up to VLCC size.

                         About Limetree Bay

Limetree Bay Energy is a large-scale energy complex strategically
located in St. Croix, U.S. Virgin Islands.  The complex consists of
Limetree Bay Refining, a refinery with peak processing capacity of
650 thousand barrels of petroleum feedstock per day, and Limetree
Bay Terminal, a 34-million-barrel crude and petroleum products
storage and marine terminal facility serving the refinery and
third-party customers.

Limetree Bay Refining, LLC, restarted operations in February 2021,
and is capable of processing around 200,000 barrels per day.  Key
restart work at the site began in 2018, including the 62,000
barrels per day modern, delayed Coker unit, extensive
desulfurization capacity, and a reformer unit to produce clean,
low-sulfur transportation fuels. The restart project provided much
needed economic development in the U.S.V.I. and created more than
4,000 construction jobs at its peak.

Limetree Bay Refining, LLC and its affiliates sought Chapter 11
protection on July 12, 2021.  The lead case is In re Limetree Bay
Services, LLC (Bankr. S.D. Tex. Case No. 21-32351).  Limetree Bay
refining listed at least $1 billion in assets and at least $500
million in liabilities as of the bankruptcy filing.

Baker Hostetler is acting as legal counsel for the Company and B.
Riley Financial Inc. has been retained as restructuring advisor.



MIDTOWN DEVELOPMENT: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------------
The U.S. Trustee for Region 12 disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Midtown Development, LLC.
  
                     About Midtown Development

Midtown Development, LLC, a real estate developer in Iowa, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Iowa Case No. 21-00478) on May 25, 2021. In the petition signed by
Donna L. Nelson, managing member, the Debtor disclosed $1 million
to $10 million in both assets and liabilities.  

Judge Thad J. Collins oversees the case.  

The Debtor tapped Day Rettig Martin, PC as legal counsel, BerganKDV
as accountant, and Moglia Advisors as financial advisor.


MOUNTAINEER GAS: Fitch Maintains 'BB+' LT IDR on Watch Positive
---------------------------------------------------------------
Fitch Ratings has maintained the Rating Watch Positive (RWP) on
Mountaineer Gas Company's (MGC) 'BB+' Long-Term Issuer Default
Rating concurrent with UGI Corporation's (NR) announcement that it
has entered into a definitive agreement to acquire Mountaintop
Energy Holdings LLC, owner of Mountaineer Gas Company, for an
enterprise value of $540 million. The agreement includes the
assumption of approximately $140 million of debt. The acquisition
is expected to close in the second half of calendar year 2021,
subject to the necessary regulatory approvals.

In addition, Fitch has applied its updated "Corporates Recovery
Ratings and Instrument Ratings Criteria" and has taken the
following actions on MGC's ratings:

-- Revised the Recovery Rating (RR) on the senior unsecured debt
    to 'RR4' from 'RR1';

-- Maintained the Positive Watch on the senior unsecured debt.

Fitch has also assigned a 'BBB-'/'RR4'/RWP rating to MGC's series D
senior unsecured notes.

The ratings have been removed from Under Criteria Observation
(UCO), where they were placed following the publication of the
updated recovery rating criteria on April 9, 2021. The Long-Term
IDR was unaffected by this criteria change.

Fitch would look to resolve the Rating Watch Positive upon the
closing of the acquisition. MGC's ratings could be upgraded one or
two notches, pending further clarity of the company's financial
profile post-acquisition. Fitch notes that West Virginia's
challenging regulatory environment limits the upward rating
trajectory. The West Virginia Public Service Commission (WVPSC)
does not currently allow revenue decoupling or weather
normalization, leading to potential volatile credit metrics, and
use of a historical test year results in regulatory lag and lower
earned ROEs.

KEY RATING DRIVERS

Recovery Ratings Criteria Update: Instrument ratings and RRs for
MGC's debt instruments are based on Fitch's newly introduced
notching grid for issuers with 'BB' category Long-Term IDRs. This
grid reflects average recovery characteristics of similar-ranking
instruments. The senior unsecured debt recovery rating is capped at
'RR4'. 'RR1' denotes superior recovery (91%-100%), and 'RR4'
denotes average recovery (31%-50%) in the event of default.

Pending Acquisition by UGI: Fitch views the pending acquisition by
UGI Corporation of MGC as a credit positive for MGC, due to the
elimination of credit quality constraints associated with MGC's
current private equity ownership, along with the benefits
associated with joining a larger natural gas utility family. Fitch
also projects MGC's leverage metrics to remain strong enough to
support a higher rating. This acquisition aligns MGC's interests
with those of UGI in regards to natural gas growth investments,
further enhancing MGC's current pipe replacement program.

MGC's current ratings primarily reflect the utility's small scale
of operations, private equity ownership and a challenging
regulatory environment in West Virginia. MGC's ongoing pipe
replacement program will keep capex elevated throughout the
forecast period. Fitch considers the infrastructure replacement and
expansion program (IREP) cost-recovery rider to be credit positive
as it partly alleviates regulatory lag.

Challenging Regulatory Environment: Fitch considers the regulatory
environment in West Virginia to be challenging. The WVPSC does not
currently allow revenue decoupling or weather normalization,
contributing to sometimes volatile cash flows and credit metrics.
MGC's 9.75% authorized ROE is in line with industry averages.
However, the WVPSC's use of a historical test year with an average
rate base valuation methodology in rate case decisions causes
significant regulatory lag, and makes it difficult for the company
to earn its allowed ROE. Regulatory lag is partially mitigated by
the IREP cost-recovery rider, which provides more-timely recovery
of costs related to system expansion and pipe replacement.

Small Scale of Operations: MGC's current ratings are also
restricted by the utility's small scale of operations. Over the
last three years, operating EBITDA and FFO have each averaged less
than $35 million per year, making MGC the smallest stand-alone
investor-owned utility rated by Fitch. Small changes in revenue or
expenses can have a material impact on financial metrics, causing
the utility to be more vulnerable to external shocks. Such changes
in revenue are not unlikely given the regulatory environment in
West Virginia, which does not allow revenue decoupling or weather
normalization.

2019 Rate Case Settlement: Fitch considers MGC's recent rate case
outcome to be relatively constructive. On Dec. 26, 2019, the WVPSC
adopted a rate settlement which allowed MGC to implement a $13.4
million natural gas distribution base rate increase, which was then
reduced by about $1.0 million of refunds related to the Tax Cut and
Jobs Act. The rate order also included a reduction to the IREP
cost-recovery rider of $5.2 million. The 9.75% ROE authorized by
the commission was in line with MGC's previous rate case. The new
rates took effect Jan. 1, 2020.

In this rate order, the WVPSC calculated rate base and depreciation
using the terminal value of plant assets in the test year, matching
the more constructive method used by the IREP rider. Previously,
the WVPSC calculated rate base and depreciation using a 13-month
average balance, which resulted in more regulatory lag. MGC filed
its rate case with the WVPSC on March 6, 2019 and requested a net
rate increase of approximately $13.1 million, consisting of a base
rate increase of $19.3 million and a reduction to the IREP
cost-recovery rider of $6.2 million.

Supportive, but Volatile, Credit Metrics: Fitch expects MGC's
financial profile to remain supportive of the ratings throughout
the forecast period. However, the company's small size, large
seasonal working capital needs, and exposure to the effects of
weather could result in significant swings in credit metrics, both
on a seasonal basis and year-to-year. In 2019, leverage was
significantly weaker due to an abnormally mild winter. Assuming a
return to normal weather, Fitch expects FFO leverage and total debt
with equity credit/operating EBITDA to average approximately 4.7x
and 4.8x, respectively, through 2023.

Elevated Capex: Fitch expects MGC's capex to remain elevated over
the next several years, driven largely by the replacement of aging
infrastructure and bare steel pipe. The IREP cost-recovery rider
helps to alleviate concerns related to the large capex plan.

DERIVATION SUMMARY

MGC has a weaker business risk profile than the following peer
entities: The Berkshire Gas Company (BGC; A-/Stable), Connecticut
Natural Gas Corporation (CNG; A-/Stable) and The Southern
Connecticut Gas Company (SCG; A-/Stable). This is largely due to
West Virginia's challenging regulatory environment. BGC, CNG and
SCG operate in relatively balanced regulatory environments in
Massachusetts and Connecticut and benefit from full revenue
decoupling.

MGC's ratings also have limited upside due to the utility's private
equity ownership, lack of weather normalization or revenue
decoupling, and greater leverage. Unlike MGC, which is a
stand-alone utility, BGC, CNG and SCG benefit from being owned by
AVANGRID, Inc. (BBB+/Stable), which is a large parent consisting of
eight regulated electric and natural gas distribution utilities.

MGC's credit metrics are weaker than its peers and are expected to
remain elevated throughout the forecast period as it executes its
capex program. Fitch expects MGC's FFO leverage and total debt with
equity credit/operating EBITDA to average approximately 4.7x and
4.8x, respectively, through 2023, considerably higher than peers
BGC, CNG and SCG.

KEY ASSUMPTIONS

-- Rate cases filed in 2021 and 2023, with incremental rates
    going into effect on Jan. 1, 2022 and Jan. 1, 2024;

-- Capex between $53 million and $59 million over the forecast
    years 2021 through 2023;

-- Equity infusion of $15 million in 2023 to help fund capex and
    maintain MGCs regulated capital structure; and

-- Additional long-term debt of $40 million in 2021;

-- Normal weather.

RATING SENSITIVITIES

Factors that could, individually or collectively, lead to positive
rating action/upgrade:

-- Completion of the acquisition by UGI;

-- A material improvement in the regulatory environment that
    results in more constructive rate design, including a
    reduction in regulatory lag and implementation of revenue
    decoupling or weather normalization, which would reduce
    volatility of financial metrics;

-- FFO leverage expected to remain below 5.0x on a sustained
    basis.

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

-- A termination of the pending acquisition;

-- FFO leverage expected to exceed 6.0x on a sustained basis.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Non-Financial Corporate
issuers have a best-case rating upgrade scenario (defined as the
99th percentile of rating transitions, measured in a positive
direction) of three notches over a three-year rating horizon; and a
worst-case rating downgrade scenario (defined as the 99th
percentile of rating transitions, measured in a negative direction)
of four notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are
based on historical performance.

LIQUIDITY AND DEBT STRUCTURE

Adequate Liquidity: Fitch considers MGC's liquidity to be adequate,
primarily supported by a $100 million unsecured committed RCF which
expires Nov. 26, 2024. The RCF includes an accordion feature that
could expand the size to $200 million to account for the
possibility of unusually high natural gas prices and sales volumes
that could occur during an abnormally cold winter heating season.
Fitch expects the RCF to provide sufficient liquidity to support
working capital needs and expects the company to extend the
facility prior to maturity or enter into another facility with
substantially similar terms. MGC had $14.5 million of borrowings
outstanding under the RCF as of March 31, 2021, leaving $85.5
million of availability.

The seasonal nature of MGC's natural gas distribution business
leads to larger sales volumes during the winter months, often
requiring the company to temporarily finance rising natural gas
inventories and customer receivables with short-term borrowings
under its revolving credit facility (RCF). Short-term borrowings
typically peak in late December and are paid down by the end of the
first quarter.

The credit facility includes financial covenants requiring MGC to
maintain a minimum EBITDA interest coverage ratio of 2.0x and a
maximum debt-to-capitalization ratio of 65%. Long-term debt
maturities are manageable. MGC does not have any long-term debt
maturing until Dec. 20, 2027, when $40 million of 4.2% senior
unsecured bonds comes due.

ESG CONSIDERATIONS

MGC has an Environmental, Social and Governance (ESG) Relevance
Score of '4' for Group Structure and Financial Transparency, as
private equity-backed entities typically have less structural and
financial disclosure transparency than publicly traded issuers.
This has a negative impact on the credit profile and is relevant to
the rating in conjunction with other factors. Upon close of the
acquisition, Fitch would revise these ESG scores to '3'.

Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.

ISSUER PROFILE

Mountaineer Gas Company (MGC) is the largest natural gas
distribution utility in West Virginia, serving approximately
217,000 customers.


NORTHWEST BANCORPORATION: Hires Taft Stettinius as Legal Counsel
----------------------------------------------------------------
Northwest Bancorporation of Illinois, Inc. seeks approval from the
U.S. Bankruptcy Court for the Northern District of Illinois to
employ the law firm of Taft Stettinius & Hollister LLP as its
attorneys.

The firm will render these services:

     (a) consult with the Debtor concerning its powers and duties
as debtor in possession, the continued operation of its business
and the Debtor's management of the financial and legal affairs of
its estate as well as conducting a planned sale process;

     (b) consult with the Debtor and file all appropriate motions
associated with the sale of the Debtors’ primary asset;

     (c) consult with the Debtor and with other professionals
concerning the negotiation, formulation, preparation,
and prosecution of a Chapter 11 plan and disclosure statement, if a
sale is not consummated;

     (d) confer and negotiate with the Debtor's creditors, other
parties in interest, and their respective attorneys and other
professionals concerning the Debtor's financial affairs and
property, potential asset sale(s) under §363, Chapter 11 plans,
claims, liens, and all other aspects of this case;

     (e) appear in court on behalf of the Debtor when required, and
will prepare, file and serve such applications, motions,
complaints, notices, orders, reports, and other documents and
pleadings as may be necessary in connection with this case; and

     (f) provide the Debtor with such other services as the Debtor
may request and which may be necessary and appropriate in the
circumstances.

The firm will be paid at these hourly rates:

     Michael P. O'Neil, Partner   $670
     John R. Humphrey, Partner    $535
     Karl Johnson, Associate      $355

Mr. O'Neil, Esq., a senior partner at Taft, disclosed in a court
filing that his firm is "disinterested" as defined in section
101(14) of the Bankruptcy Code.

Taft can be reached through:

     Michael P. O'Neil, Esq.
     Taft Stettinius & Hollister LLP
     One Indiana Square, Suite 3500
     Indianapolis, IN 46204
     Tel: 317-713-3500
     Email: moneil@taftlaw.com

            About Northwest Bancorporation of Illinois

Northwest Bancorporation of Illinois, Inc. filed its voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
N.D. Ill. Case No. 21-08123) on July 2, 2021. The petition was
signed by James Kane, attorney for the Company. At the time of
filing, the Debtor estimated $10 million to $50 million in both
assets and liabilities.

Judge Janet S. Baer presides over the case.

Michael P. O'Neil, Esq. at Taft Stettinius & Hollister LLP
represents the Debtor as counsel.


NORTHWEST BANCORPORATION: Taps Janney as Financial Advisor
----------------------------------------------------------
Northwest Bancorporation of Illinois, Inc. seeks approval from the
U.S. Bankruptcy Court for the Northern District of Illinois to
employ Janney Montgomery Scott LLC as financial advisor and
investment banker.

The firm will render these services:

     (a) identify potential Acquirors for the Debtor;

     (b) prepare marketing materials including a confidential
information memorandum, subject to Debtor approval, such approval
not to be unreasonably withheld;

     (c) with the prior approval of the Debtor, solicit indications
of interest from potential merger partners on behalf of the
Debtor;

     (d) assist the Debtor in responding to due diligence requests,
coordinating due diligence exchanges and evaluating indications of
interest from potential Acquirors;

     (e) assist the Debtor in negotiating the terms of a
Transaction;

     (f) assist the Debtor, as needed, with its due diligence of
the Acquiror; and

     (g) provide such other services as shall be reasonably
requested by the Debtor and agreed to by Janney, including, but not
limited to, providing periodic updates to the Board of Directors of
the Debtor.

Janney will be compensated as follows:

     a. $75,000.00; or

     b. (i) 1.5 percent of the Total Consideration (as defined in
the Engagement Letter, as amended, as "the aggregate value of any
cash, securities, assets or a special dividend received by the
Debtor's shareholders and the value of any trust preferred
securities for which the Debtor is obligated that are either
assumed by an Acquiror or are paid off in connection with the
Transaction"); or (ii) if the Total Consideration for the
Transaction is more than Fourteen Million Dollars ($14,000,000), 2
percent of the total Merger Consideration.

Paul O'Connor, managing director of Janney, assured the court that
the firm is a "disinterested person" within the meaning of section
101(14) of the Bankruptcy Code, and does not hold or represent an
interest materially adverse to the Debtor, their creditors, and
shareholders for the  matters for which Janney is to be employed.

The firm can be reached through:

      Paul O'Connor
      Janney Montgomery Scott LLC
      1717 Arch Street
      Philadelphia, PA 19103
      Phone: 1-215-665-6000

            About Northwest Bancorporation of Illinois

Northwest Bancorporation of Illinois, Inc. filed its voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
N.D. Ill. Case No. 21-08123) on July 2, 2021. The petition was
signed by James Kane, attorney for the Company. At the time of
filing, the Debtor estimated $10 million to $50 million in both
assets and liabilities.

Judge Janet S. Baer presides over the case.

Michael P. O'Neil, Esq. at Taft Stettinius & Hollister LLP
represents the Debtor as counsel.


NORWICH DIOCESE: U.S. Trustee Appoints Creditors' Committee
-----------------------------------------------------------
The U.S. Trustee for Region 2 appointed an official committee to
represent unsecured creditors in the Chapter 11 case of The Norwich
Roman Catholic Diocesan Corporation.

The committee members are:

     1. Sam Garcia

     2. Mario Rolon

     3. Darek Rzeczko

     4. Hector Soto

     5. John Turner
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                  About The Norwich Roman Catholic
                       Diocesan Corporation

The Norwich Roman Catholic Diocesan Corporation is a nonprofit
corporation that gives endowments to parishes, schools, and other
organizations in the Diocese of Norwich, a Latin Church
ecclesiastical territory or diocese of the Catholic Church in
Connecticut and a small part of New York.  

The Norwich Roman Catholic Diocesan Corporation sought Chapter 11
protection (Bankr. D. Conn. 21-20687) on July 15, 2021.  The Debtor
estimated $10 million to $50 million in assets against liabilities
of more than $50 million.  Judge James J. Tancredi oversees the
case.  

The Debtor tapped Robinson & Cole, LLP, led by Patrick M. Birney,
Esq., as its legal counsel.  Epiq Corporate Restructuring, LLC is
the claims and noticing agent.


OUTLOOK THERAPEUTICS: Signs New Employment Contract With EVP, CFO
-----------------------------------------------------------------
Outlook Therapeutics, Inc. has entered into an employment agreement
with Lawrence Kenyon, the company's executive vice president and
chief financial officer.  The agreement supersedes Mr. Kenyon's
prior employment agreement with the company.

The agreement provides for Mr. Kenyon's employment as executive
vice president and chief financial officer of the company for a
term of 12 months.  Mr. Kenyon will receive a base salary of
$425,000, as well as a cash bonus for 2021 equal to 50% of his base
salary, which shall be payable if the company meets or exceeds
certain financial and other business milestone objectives as
determined and approved by the Board of Directors and the chief
executive officer of the company.  

If (i) Outlook Therapeutics terminates Mr. Kenyon's employment
without cause, (ii) Mr. Kenyon terminates his employment for good
reason, (iii) the term of the agreement expires or (iv) Mr. Kenyon
terminates his employment following the goal achievement, Mr.
Kenyon will be entitled to receive an amount equal to 12 months of
his base salary plus a bonus equal to 50% of his base salary, as
well as the acceleration of 50% of his unvested equity awards
subject to time-based vesting requirements.  In such case, Mr.
Kenyon's remaining unvested equity awards will continue to vest in
accordance with the applicable vesting schedule, but will not
require continuous service for such vesting.

                    About Outlook Therapeutics

Outlook Therapeutics, Inc., formerly known as Oncobiologics, Inc.
-- http://www.outlooktherapeutics.com-- is a late clinical-stage
biopharmaceutical company working to develop the first FDA-approved
ophthalmic formulation of bevacizumab for use in retinal
indications, including wet AMD, DME and BRVO.  If ONS-5010, its
investigational ophthalmic formulation of bevacizumab, is approved,
Outlook Therapeutics expects to commercialize it as the first and
only on-label approved ophthalmic formulation of bevacizumab for
use in treating retinal diseases in the United States, Europe,
Japan and other markets.

Outlook Therapeutics reported a net loss attributable to common
stockholders of $48.87 million for the year ended Sept. 30, 2020,
compared to a net loss attributable to common stockholders of
$36.04 million for the year ended Sept. 30, 2019.  As of March 31,
2021, the Company had $45.11 million in total assets, $24.46
million in total liabilities, and $20.65 million in total
stockholders' equity.

KPMG LLP, in Philadelphia, Pennsylvania, the Company's auditor
since 2015, issued a "going concern" qualification dated Dec. 23,
2020, citing that the Company has incurred recurring losses and
negative cash flows from operations since its inception and has an
accumulated deficit of $289.7 million as of Sept. 30, 2020 that
raise substantial doubt about its ability to continue as a going
concern.


PARUSA INVESTMENT: Seeks to Hire Keen Summit as Real Estate Broker
------------------------------------------------------------------
Parusa Investment Corporation and FICO Financial Corporation seek
approval from the U.S. Bankruptcy Court for the Middle District of
Florida to employ Keen Summit Capital Partners, LLC, a Melville,
N.Y.-based real estate broker, to facilitate the sale of their
properties.

Parusa owns parcels of land in Grand Prairie, Texas, while FICO
owns real properties in Smyrna, Ga., and in Tampa and Lake Wales,
Fla.  

Keen Summit will get 4 percent of the gross proceeds from the sale
of each property and will receive reimbursement for out-of-pocket
expenses incurred.  If the buyer of a property is properly
represented by a real estate broker, then the Debtors are required
to pay an additional 1 percent, payable to the buyer's broker.

Matthew Bordwin, principal and managing director at Keen Summit,
disclosed in a court filing that his firm is a "disinterested
person" as that term is defined under Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Matthew Bordwin
     Keen-Summit Capital Partners LLC
     1 Huntington Quadrangle, Suite 2C04
     Melville, NY 11747
     Telephone: (646) 381-9202
     Email: mbordwin@keen-summit.com

            About Parusa Investment and FICO Financial

Parusa Investment Corporation and FICO Financial Corporation, a
Colorado Springs-based company engaged in renting and leasing real
estate properties, filed their voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code (Bank. M.D. Fla. Case Nos.
21-03854 and 21-03853) on July 23, 2021.  

In the petitions signed by Christophe Rothpletz, president, Parusa
disclosed $29,358,424 in assets and $5,879,577 in liabilities while
FICO reported $14,351,778 in assets and $812,597 in liabilities.  

Underwood Murray P.A. represents the Debtors as bankruptcy counsel.
Wright, Ponsoldt & Lozeau, Trial Attorneys, LLP and Link &
Rockenbach, PA serve as special counsel.


PARUSA INVESTMENT: Taps Link & Rockenbach as Special Counsel
------------------------------------------------------------
Parusa Investment Corporation and FICO Financial Corporation seek
approval from the U.S. Bankruptcy Court for the Middle District of
Florida to employ Link & Rockenbach, PA as special counsel.

The Debtors have been engaged in a long-standing dispute with
former business partner, Xavier Bestenheider, which stemmed from a
transaction for the purchase of Sixta Financial, LLC's assets; and
a lawsuit initiated in the Nineteenth Judicial Circuit in and for
Martin County, Florida (Case No. 10-CA-2346).  Recently, a jury
returned a verdict in favor of Mr. Bestenheider following a 13-day
jury trial.

Link & Rockenbach will assist the Debtors in appealing the verdict
and other orders entered in the state court
case.  The firm will also provide assistance on pending post-trial
motions.  

The hourly rates charged by the firm's attorneys and
paraprofessionals are as follows:

     Kara Rockenback Link     $650 per hour
     Other Partners           $550 per hour
     Paraprofessionals        $150 per hour

The firm requires a retainer fee in the amount of $30,000.

Kara Rockenbach Link, Esq., at Link & Rockenbach, disclosed in a
court filing that her firm does not represent any interest adverse
to the Debtors.

The firm can be reached through:

     Kara Rockenbach Link, Esq.
     Link & Rockenbach, PA
     1555 Palm Beach Lakes Blvd., Suite 930
     West Palm Beach, FL 33401
     Phone: (561) 847-4408
     Email: kara@linkrocklaw.com

            About Parusa Investment and FICO Financial

Parusa Investment Corporation and FICO Financial Corporation, a
Colorado Springs-based company engaged in renting and leasing real
estate properties, filed their voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code (Bank. M.D. Fla. Case Nos.
21-03854 and 21-03853) on July 23, 2021.  

In the petitions signed by Christophe Rothpletz, president, Parusa
disclosed $29,358,424 in assets and $5,879,577 in liabilities while
FICO reported $14,351,778 in assets and $812,597 in liabilities.  

Underwood Murray P.A. represents the Debtors as bankruptcy counsel.
Wright, Ponsoldt & Lozeau, Trial Attorneys, LLP and Link &
Rockenbach, PA serve as special counsel.


PARUSA INVESTMENT: Taps Underwood Murray as Bankruptcy Counsel
--------------------------------------------------------------
Parusa Investment Corporation and FICO Financial Corporation seek
approval from the U.S. Bankruptcy Court for the Middle District of
Florida to employ Underwood Murray P.A. to serve as legal counsel
in their Chapter 11 cases.

The firm's services include:

     a. advising the Debtors with respect to their responsibilities
in complying with the U.S. trustee's guidelines and reporting
requirements and with the rules of the court;

     b. preparing legal documents;

     c. protecting the interests of the Debtors in all matters
pending before the court;

     d. representing the Debtors in negotiations with their
creditors and in the confirmation of a Chapter 11 plan; and

     e. other services required of general bankruptcy counsel in a
Chapter 11 bankruptcy case.

The firm's hourly rates are as follows:

     Scott A. Underwood    $550 per hour
     Megan W. Murray       $450 per hour
     Adam M. Gilbert       $350 per hour
     Partners              $450 - $550 per hour
     Associates            $275 - $350 per hour
     Paralegals            $170 per hour

Underwood Murray received an advance fee deposit of $125,000 from
RCC Vision, Inc., which owns the Debtors.

As disclosed in court filings, Underwood Murray does not represent
any interest adverse to the Debtors or their estate.

The firm can be reached through:

     Scott Underwood, Esq.
     Underwood Murray, P.A.
     100 North Tampa St 2325
     Tampa, FL 33602
     Tel: 813-540-8402
     Email: sunderwood@underwoodmurray.com

            About Parusa Investment and FICO Financial

Parusa Investment Corporation and FICO Financial Corporation, a
Colorado Springs-based company engaged in renting and leasing real
estate properties, filed their voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code (Bank. M.D. Fla. Case Nos.
21-03854 and 21-03853) on July 23, 2021.  

In the petitions signed by Christophe Rothpletz, president, Parusa
disclosed $29,358,424 in assets and $5,879,577 in liabilities while
FICO reported $14,351,778 in assets and $812,597 in liabilities.  

Underwood Murray P.A. represents the Debtors as bankruptcy counsel.
Wright, Ponsoldt & Lozeau, Trial Attorneys, LLP and Link &
Rockenbach, PA serve as special counsel.


PARUSA INVESTMENT: Taps Wright Ponsoldt & Lozeau as Special Counsel
-------------------------------------------------------------------
Parusa Investment Corporation and FICO Financial Corporation seek
approval from the U.S. Bankruptcy Court for the Middle District of
Florida to employ Wright, Ponsoldt & Lozeau, Trial Attorneys, LLP
as special counsel.

The firm has represented Parusa and its owner Roland Rothpletz
since 2010 in a state court litigation, which stemmed from an
alleged transaction for the purchase of Sixta Financial, LLC's
assets.  As special counsel, the firm will liquidate the damages
incurred by Parusa as a result of the breach of contract.

The hourly rates charged by the firm's attorneys and
paraprofessionals are as follows:

     Tim B. Wright, Esq.   $550 per hour
     Associates            $200 and $300 per hour
     Paraprofessionals     $150 and $200 per hour

Tim Wright, Esq., a partner at Wright, Ponsoldt & Lozeau, disclosed
in a court filing that the firm does not represent any interest
adverse to the Debtors.

The firm can be reached through:

     Tim B. Wright, Esq.
     Wright, Ponsoldt & Lozeau, Trial Attorneys, LLP
     1002 SE Monterey Commons Blvd., Suite 100
     Stuart, FL 34996
     Phone: +1 772-286-5566

            About Parusa Investment and FICO Financial

Parusa Investment Corporation and FICO Financial Corporation, a
Colorado Springs-based company engaged in renting and leasing real
estate properties, filed their voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code (Bank. M.D. Fla. Case Nos.
21-03854 and 21-03853) on July 23, 2021.  

In the petitions signed by Christophe Rothpletz, president, Parusa
disclosed $29,358,424 in assets and $5,879,577 in liabilities while
FICO reported $14,351,778 in assets and $812,597 in liabilities.  

Underwood Murray P.A. represents the Debtors as bankruptcy counsel.
Wright, Ponsoldt & Lozeau, Trial Attorneys, LLP and Link &
Rockenbach, PA serve as special counsel.


PG&E CORP: Reports Second-Quarter 2021 Financial Results
--------------------------------------------------------
PG&E Corporation recorded second-quarter 2021 income available for
common shareholders of $397 million, or $0.18 per share, as
reported in accordance with generally accepted accounting
principles (GAAP). This compares with losses attributable to common
shareholders of $1,972 million, or $3.73 per share, for the second
quarter of 2020.

GAAP results include non-core items that management does not
consider representative of ongoing earnings, which totaled $178
million after tax, or $0.08 per share, for the quarter. These
results were primarily driven by costs related to the amortization
of wildfire insurance fund contributions under Assembly Bill (AB)
1054, investigation remedies, PG&E Corporation's and Pacific Gas
and Electric Company's (Utility) reorganization cases under Chapter
11 of the U.S. Bankruptcy Code (Chapter 11), 2019-2020
wildfire-related costs, and prior period net regulatory
recoveries.

"Every day, we are doing the right work to reduce risk, improve our
operations, and strengthen our financial health," said Patti Poppe,
CEO of PG&E Corporation. "Our five-year roadmap includes key system
enhancements, safety improvements, and customer-oriented solutions
that support PG&E's triple-bottom-line focus on people, the planet,
and California's prosperity."

Non-GAAP Core Earnings

PG&E Corporation's non-GAAP core earnings, which exclude non-core
items, were $575 million, or $0.27 per share, in the second quarter
of 2021, compared with $542 million, or $1.03 per share, during the
same period in 2020.

The decrease in quarter-over-quarter non-GAAP core earnings per
share was primarily driven by the increase in shares outstanding,
unrecoverable interest expense, the timing of taxes, and the timing
of nuclear refueling outages, partially offset by the growth in
rate base earnings and wildfire mitigation costs above authorized.

PG&E Corporation uses "non-GAAP core earnings," which is a non-GAAP
financial measure, in order to provide a measure that allows
investors to compare the underlying financial performance of the
business from one period to another, exclusive of non-core items.
See the accompanying tables for a reconciliation of non-GAAP core
earnings to consolidated earnings available for common
shareholders.

2021 Guidance

PG&E Corporation is adjusting 2021 GAAP earnings guidance to a
range of $0.01 to $0.15 per share, which includes non-core items.
PG&E Corporation is adjusting 2021 non-core items guidance to a
range of $1.9 billion to $2.0 billion after tax, reflecting
bankruptcy and legal costs, the amortization of wildfire insurance
fund contributions, 2019-2020 wildfire-related costs, investigation
remedies, and prior period net regulatory recoveries, partially
offset by the rate neutral securitization inception impact.

On a non-GAAP basis, the guidance range for projected 2021 core
earnings is reaffirmed at $0.95 to $1.05 per share. Factors driving
non-GAAP core earnings include net below the line and spend above
authorized of up to $100 million after tax and unrecoverable
interest expense of $300 million to $325 million after tax.

Guidance is based on various assumptions and forecasts, including
those relating to authorized revenues, future expenses, capital
expenditures, rate base, equity issuances, rate neutral
securitization, and certain other factors.

Supplemental Financial Information

In addition to the financial information accompanying this release,
presentation slides have been furnished to the Securities and
Exchange Commission (SEC) and are available on PG&E Corporation's
website at:
http://investor.pgecorp.com/financials/quarterly-earnings-reports/default.aspx.

                       About PG&E Corporation

PG&E Corporation (NYSE: PCG) -- http://www.pgecorp.com/-- is a
Fortune 200 energy-based holding company, headquartered in San
Francisco. It is the parent company of Pacific Gas and Electric
Company, an energy company that serves 16 million Californians
across a 70,000-square-mile service area in Northern and Central
California.

As of Sept. 30, 2018, the Debtors, on a consolidated basis, had
reported $71.4 billion in assets on a book value basis and $51.7
billion in liabilities on a book value basis.

PG&E Corp. and Pacific Gas employ approximately 24,000 regular
employees, approximately 20 of whom are employed by PG&E Corp. Of
Pacific Gas' regular employees, approximately 15,000 are covered by
collective bargaining agreements with local chapters of three labor
unions: (i) the International Brotherhood of Electrical Workers;
(ii) the Engineers and Scientists of California; and (iii) the
Service Employees International Union.

On Jan. 29, 2019, PG&E Corp. and its primary operating subsidiary,
Pacific Gas and Electric Company, filed voluntary Chapter 11
petitions (Bankr. N.D. Cal. Lead Case No. 19-30088).

PG&E Corporation and its regulated utility subsidiary, Pacific Gas
and Electric Company, said they are facing extraordinary challenges
relating to a series of catastrophic wildfires that occurred in
Northern California in 2017 and 2018. The utility said it faces an
estimated $30 billion in potential liability damages from
California's deadliest wildfires of 2017 and 2018.

Weil, Gotshal & Manges LLP and Cravath, Swaine & Moore LLP are
serving as PG&E's legal counsel, Lazard is serving as its
investment banker and AlixPartners, LLP is serving as the
restructuring advisor to PG&E. Prime Clerk LLC is the claims and
noticing agent.

In order to help support the Company through the reorganization
process, PG&E has appointed James A. Mesterharm, a managing
director at AlixPartners, LLP, and an authorized representative of
AP Services, LLC, to serve as Chief Restructuring Officer. In
addition, PG&E appointed John Boken also a Managing Director at
AlixPartners and an authorized representative of APS, to serve as
Deputy Chief Restructuring Officer. Mr. Mesterharm, Mr. Boken and
their colleagues at AlixPartners will continue to assist PG&E with
the reorganization process and related activities. Morrison &
Foerster LLP, as special regulatory counsel. Munger Tolles & Olson
LLP, as special counsel.

The Office of the U.S. Trustee appointed an official committee of
creditors on Feb. 12, 2019.  The Committee retained Milbank LLP as
counsel; FTI Consulting, Inc., as financial advisor; Centerview
Partners LLC as investment banker; and Epiq Corporate
Restructuring, LLC as claims and noticing agent.

On Feb. 15, 2019, the U.S. trustee appointed an official committee
of tort claimants. The tort claimants' committee is represented by
Baker & Hostetler LLP.


PIEDMONT POLYMERS: Gets Approval to Tap Gardner as Special Counsel
------------------------------------------------------------------
Piedmont Polymers & Fabrications, LLC received approval from the
U.S. Bankruptcy Court for the Western District of North Carolina to
employ Gardner Skelton, PLLC as special counsel.

The Debtor needs the assistance of a special counsel to investigate
and advise the estate regarding the termination of its group health
insurance contract by Blue Cross and Blue Shield of North
Carolina.

The principal attorneys designated to represent the Debtor, and
their standard hourly rates, are:

     Nicole L. Gardner   $525
     Jared E. Gardner    $450
     Florence Thompson   $225

In addition, Gardner Skelton will seek reimbursement for expenses
incurred.

Jared Gardner, Esq., a member of Gardner Skelton, disclosed in a
court filing that the firm is a "disinterested person" as that term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Jared E. Gardner, Esq.
     Gardner Skelton PLLC
     505 East Boulevard
     Charlotte, NC 28203
     Telephone: (704) 335-0350
     Facsimile: (704) 390-7027
     Email: jared@gardnerskelton.com

              About Piedmont Polymers & Fabrications

Piedmont Polymers & Fabrications, LLC filed its voluntary petition
for relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D.N.C.
Case No. 20-31027) on Dec. 13, 2020, listing under $1 million to
$10 million in both assets and liabilities. Judge Laura T. Beyer
oversees the case. The Debtor tapped Moon Wright & Houston, PLLC as
bankruptcy counsel and Gardner Skelton, PLLC as special counsel.


PLATINUM GROUP: Michael Jones Quits as President, CEO
-----------------------------------------------------
Michael R. Jones has resigned as Platinum Group Metals Ltd.'s CEO,
president and director, effective immediately.  Mr. Jones has
agreed to continue as a consultant to Platinum Group until Dec. 31,
2021 to provide transition assistance.  

Frank Hallam, a director and, most recently, CFO of the Company,
has agreed to assume the position of President and CEO on an
interim basis.

With Mr. Hallam assuming the role of interim president and CEO,
Greg Blair, CPA, CA, will assume the role of interim CFO.  Mr.
Blair has been with the Company for over eleven years and most
recently served as financial controller.  Mimy Fernandez-Maldonado
will assume the role of corporate secretary also effective
immediately.

The Board of Directors of Platinum Group wishes to thank Mr. Jones
for his contributions to the Company over the years.

Mr. Hallam has a lengthy history as a senior executive and director
with several successful publicly listed mining companies.  He
co-founded Platinum Group and has worked at the Company for
approximately 19 years.  He was also a co-founder of MAG Silver
Corp. and West Timmins Mining Inc.  Mr. Hallam previously served as
an auditor in the mining practice of Coopers and Lybrand (now
PricewaterhouseCoopers) and is a qualified CPA, CA, and holds a
degree in Business Administration.  Mr. Hallam commented, "Mike
Jones and I have worked together for many years, including on the
team that discovered the Company's Waterberg Project.  He made a
significant contribution to the concepts and genesis of the
Waterberg discovery.  Looking forward, we will continue with our
commitment to the development of this world class asset, and I wish
Mike well in his future endeavours."

                    About Platinum Group Metals

Headquartered in British Columbia, Canada, Platinum Group Metals
Ltd. -- http://www.platinumgroupmetals.net-- is the operator of
the Waterberg Project, a bulk underground palladium and platinum
deposit located in South Africa.  The Waterberg Project was
discovered by Platinum Group and is being jointly developed with
Impala Platinum Holdings Ltd., Mnombo Wethu Consultants (Pty) Ltd.,
Japan Oil, Gas and Metals National Corporation and Hanwa Co. Ltd.

Platinum Group reported a net loss of US$7.13 million for the year
ended Aug. 31, 2020, compared to a net loss of US$16.77 million for
the year ended Aug. 31, 2019.  As of May 31, 2021, the Company had
$54.50 million in total assets, $33.27 million in total
liabilities, and $21.23 million in total shareholders' equity.

PricewaterhouseCoopers LLP, in Vancouver, Canada, the Company's
auditor since 2007, issued a "going concern" qualification in its
report dated Nov. 25, 2020, citing that the Company has suffered
recurring losses from operations and has a net capital deficiency,
negative working capital and has significant amounts of debt
payable without any current source of operating income which raise
substantial doubt about its ability to continue as a going concern.


PRECISE HOTEL: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Precise Hotel Management, LLC
        3740 North Josey Lane
        Suite #100 E
        Carroliton, Texas 75007

Case No.: 21-31413

Business Description: Precise Hotel Management is part of the
                      traveler accommodation industry.

Chapter 11 Petition Date: August 2, 2021

Court: United States Bankruptcy Court
       Northern District of Texas

Debtor's Counsel: Keith Bradley, Esq.
                  BRADLEY & HAMMOND
                  13 E. Henderson
                  Cleburne, TX 76031
                  Tel: 817-645-3993
                  Email: kbradley@bradleyhammondlaw.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Dipika Patel as managing member.

The Debtor failed to include in the petition a list of its 20
largest unsecured creditors.

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

https://www.pacermonitor.com/view/NRX73AY/Precise_Hotel_Management_LLC__txnbke-21-31413__0001.0.pdf?mcid=tGE4TAMA


RADIENT TECHNOLOGIES: Delays Filing of Annual Financial Statements
------------------------------------------------------------------
Radient Technologies Inc. on July 29, 2021, disclosed that it will
be delayed in filing its audited annual financial statements (the
"Statements") for its financial year ended March 31, 2021 and the
related Management's Discussion and Analysis and Certifications by
the Chief Executive Officer and Chief Financial Officer
(collectively the "Required Filings"). Under National Instrument
51-102 of the Canadian Securities Administrators, the Required
Filings were required to be made not later than July 29, 2021 (the
"Deadline"). While every effort is being made to make the Required
Filings as soon as possible, the Issuer would not be able to make
the Required Filings by the Deadline.

The Company previously applied to the Alberta Securities Commission
(the "Principal Regulator"), British Columbia Securities
Commission, Ontario Securities Commission, the Manitoba Securities
Commission, Saskatchewan Financial and Consumer Affairs Authority,
Newfoundland and Labrador, Director of Securities, New Brunswick
Financial and Consumer Services Commission, Nova Scotia Securities
Commission, Prince Edward Island, Superintendent of Securities, and
Autorite des marches financiers pursuant to Part 4 of National
Policy 12-203 ("NP 12-203") for a Management Cease Trade Order
("MCTO") as an alternative to a general cease trade order in
connection with the possible late filing (the "Default") of the
Required Filings. In the event that the MCTO is granted, it will
remain in effect until the Default is remedied. The issuance of a
management cease trade order generally does not affect the ability
of persons who have not been directors, officers or insiders of the
Company to trade in their securities.

The Company has experienced unexpected delays in compiling the
information required to prepare the Required Filings due to (i)
employee turnover resulting in a lack of key personnel and (ii)
Company resources being unexpectedly diverted for due diligence
activities in connection with certain potential M&A transactions.
Please see the Company's press release dated June 30, 2021 for more
details of the potential transactions, which is available on the
Company's SEDAR profile at www.sedar.com.

As a result of the delay in compiling such information, the
Company's auditor retained to audit the Statements has advised the
Company that it will be unable to complete its audit prior to the
Deadline, notwithstanding the audit is substantially complete.
Consequently, the Company requires additional time to collect the
requisite information and for the auditor to complete the audit.
The Company anticipates that it will be able to collect the
requisite information, the auditor will be able to complete the
audit and the Company will be able to complete the Required Filings
by August 30, 2021.

The Company confirms that it will satisfy the provisions of the
alternative information guidelines under NP 12-203 by issuing
bi-weekly default status reports in the form of news releases for
so long as it remains in default of the filing requirements
described above.

The Company has not taken any steps towards any insolvency
proceeding and the Company confirms that there is no material
information relating to its affairs that has not been generally
disclosed.

In the last few weeks, progress has been made in collecting the
requisite information to prepare the Required Filings and to
complete the audit as soon as possible, and during this time the
Company has been in discussions with its auditor for that purpose.

The MCTO prohibits trading in securities of the Company, whether
direct or indirect, by:

   (a) the Company's Chief Executive Officer;

   (b) the Company's Chief Financial Officer; and

   (c) the members of the board of directors of the Company or
other persons or companies who had, or may have had, access
directly or indirectly to any material fact or material change with
respect to the Company that has not been generally disclosed.

Should the Company fail to make its Required Filings on or before
August 30, 2021, the Principal Regulator can impose a cease trade
order that all trading in securities of the Company cease for such
period of time as the Principal Regulator may deem appropriate.

                          About Radient

Radient Technologies Inc. (TSXV: RTI) (OTC Pink: RDDTF) --
http://www.radientinc.com/-- is a commercial manufacturer of
diverse, novel and high-quality cannabis extracts and packaged
products. Radient develops specialty products and ingredients that
contain a broad range of cannabinoid and terpene profiles while
meeting the highest standards of quality and safety. Radient also
has a science lab that is focused on innovation with expertise in
formulations and technologies offering unique solutions in the
cannabis and wellness space.



RIDGETOP AG: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
The U.S. Trustee for Region 11 disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Ridgetop Ag, LLC.
  
                         About Ridgetop Ag

Ridgetop Ag LLC filed a voluntary petition for relief under Chapter
11 of the Bankruptcy Code (Bankr. W.D. Wis. Case No. 21-11388) on
June 28, 2021, listing under $1 million in both assets and
liabilities. Alan S. Bark, an authorized member, signed the
petition.  Judge Catherine J. Furay oversees the case.  Krekeler
Strother, SC serves as the Debtor's legal counsel.



SAVAGE ENTERPRISES: Moody's Rates New $1BB First Lien Loan 'B1'
---------------------------------------------------------------
Moody's Investors Service affirmed the B1 corporate family rating
and B1-PD probability of default rating of Savage Enterprises, LLC.
Concurrently, Moody's assigned a B1 rating to Savage's new $1.0
billion senior secured first lien term loan. The outlook remains
stable. The rating on the company's existing senior secured back
credit facility will be withdrawn upon closing of the transaction.

Proceeds from the debt offering will be used to refinance the
existing $599 million senior secured bank credit facility, repay a
$415 million seller note issued as part of the Bartlett acquisition
and pay fees and transaction expenses.

The affirmation of the CFR reflects Moody's expectation that the
company will continue its solid performance into 2022, after
expectations of achieving double-digit revenue growth in 2021. This
performance will drive deleveraging and growth in free cash flow
over the next 12 to 18 months.

The following rating actions were taken:

Assignments:

Issuer: Savage Enterprises, LLC

Senior Secured First Lien Term Loan , Assigned B1 (LGD4)

Affirmations:

Issuer: Savage Enterprises, LLC

Corporate Family Rating, Affirmed B1

Probability of Default Rating, Affirmed B1-PD

Outlook Actions:

Issuer: Savage Enterprises, LLC

Outlook, Remains Stable

RATINGS RATIONALE

Savage's credit profile reflects the incremental debt associated
with the refinancing of the seller note associated with the 2018
Bartlett acquisition and Moody's expectation that debt-to-EBITDA
will decline to about 4.1x (including Moody's adjustments) over the
next 24-months from a pro forma level of 5.8x at March 31, 2021. In
addition, Savage has made good progress integrating the Bartlett
grain business, which Moody's views as a transformational
acquisition and moves the company away from its legacy business of
material handling and logistics. This segment now represents the
largest business unit at about $2.4 billion in revenue and
generates about 40% of EBITDA. However, the agribusiness exposes
Savage to volume risk from fluctuations in grain demand as its
activities include the storage and sale of grain, and to
cross-border risk with a majority of its shipments destined for
Mexico.

The ratings also reflect the company's sizeable scale, even after
accounting for the substantial pass-through nature of the
agribusiness, and established track record as an important link in
the supply and distribution chains of its longstanding blue-chip
customer base. Moody's believes that commodity pricing risk is
minimized through the company's hedging actions.

Moody's views Savages liquidity as good. Moody's expects Savage
will generate about $100 million of free cash flow in the next
twelve to eighteen months even as it continues to invest in working
capital and capital expenditures to meet heightened demand. The
company has a $500 million asset-based lending (ABL) revolver, yet
will have a modest cash balance of $2 million at close of the
transaction. The ABL had about $251 million available as of June
30, 2021, based on its borrowing base and net of letters of
credit.

The stable outlook reflects modest debt-funded acquisition risk
along with Moody's expectations of improving operating profit and
good liquidity, including ample availability under the ABL revolver
and positive free cash flow that should support debt reduction.
Given the company's acquisitive nature, free cash flow is also
likely to be used for bolt-on acquisitions.

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

The ratings could be downgraded if operating margin declines such
that Moody's expects debt-to-EBITDA to be sustained above 5.0x, or
cash flow deteriorates so that funds from operations to debt falls
below 10%. A more aggressive financial policy, including large debt
funded acquisitions or shareholder distributions that increase
leverage, would also drive downward ratings pressure.

The ratings could be upgraded if Savage is able to demonstrate
reduced cyclicality through diversification, debt-to-EBITDA below
3.5x and funds from operations to debt sustained above 20%. This
would need to be done in conjunction with profitably growing
revenues with positive end market conditions, and successfully
managing the transition to primarily an agribusiness.

Savage Companies, through its principal operating subsidiary Savage
Enterprises, LLC, is a transport and logistics company providing a
range of services, including materials handling, waste disposal and
transportation to industrial and rail customers. Savage acquired
the grain and milling businesses of Bartlett and Company, LP, an
agribusiness focused on the acquisition, storage, transportation,
processing and merchandising of grain, and a leading exporter of
grain to Mexico from the United States. Revenue was approximately
$2.6 billion for the LTM period ended March 31, 2021.

The principal methodology used in these ratings was Surface
Transportation and Logistics published in May 2019.


SAVAGE ENTERPRISES: S&P Affirms 'BB-' ICR, Alters Outlook to Neg.
-----------------------------------------------------------------
S&P Global Ratings affirmed the 'BB-' issuer credit rating and
revised the outlook to negative from stable on logistics service
provider and agribusiness company Savage Enterprises LLC. At the
same time, S&P assigned its 'BB-' issue-level rating to the
company's proposed first-lien term loan with a '3' recovery rating
indicating our expectation for meaningful recovery (50% rounded
estimate) in the event of a payment default.

The negative outlook reflects the higher leverage for the
transaction, and the possibility of a downgrade if the company does
not reduce leverage below 3.5x over the next year.

The transaction significantly increases leverage, but the company
has a demonstrated history of debt repayment, including committing
to a target leverage ratio of 2.5x. S&P said, "The outlook revision
to negative reflects the higher-than-expected leverage as the $400
million incremental debt it recently raised results in pro forma
leverage of just over 3.5x, which is above our current downgrade
trigger of leverage higher than 3x. However, we affirmed the
ratings in part because we continue to view the company's
commitment to debt repayment favorably. After it first leveraged
its balance sheet to the low-4x area to purchase regional grain
merchandiser and processor Bartlett in 2018, the company has
steadily repaid debt and reduced leverage to the low-2x area
consistent with its target debt to EBITDA ratio of 2.5x. Debt
repayment since that acquisition totaled close to $500 million and
was funded with combination of free operating cash flow and asset
sale proceeds from strategic divestitures. It is now taking out the
remaining minority shareholders in Bartlett to fully own that
business. We view this transaction as one time in nature and
primarily driven by the minority owners' decision to exit the
investment. As such we believe it does not signal a change in
financial policy. In fact, the company continues to formally target
a debt to EBITDA ratio of 2.5x and we expect the company to apply
future free cash flow to debt repayment to restore leverage back to
its long-term target."

S&P said, "Our ratings affirmation includes a higher leverage
tolerance than before. This is because the company's EBITDA and
free operating cash flow (FOCF) remained stable despite the
pandemic, in part because of its better business segment
diversification. Fiscal 2020 EBITDA performed better than expected,
growing 8% year-over-year as strong agribusiness segment earnings
offset lost energy and chemical service volumes because of the
pandemic. The negative impact to EBIDTA related to the pandemic was
modest, totaling about $10 million of EBITDA last year, largely
because of lost volume from four refinery closures that the company
serviced (primarily for coking coal transloading and
transportation). Despite a difficult 2020 operating environment,
the company has was able to grow EBITDA for a fifth consecutive
year, including growing its agribusiness segment, which until now
had been an issue because we were uncertain of the strategic fit of
such a different line of business in Savage's largely energy and
chemicals focused business services portfolio. Given the stable and
consistent growth the company has demonstrated, coupled with the
diversification benefit provided by its agribusiness segment, we
now view the company's overall diversification more favorably.

"The company also continues to generate stable free operating cash
flow which totaled $80 million in fiscal 2020 despite more than
$100 million in working capital outflow primality because of grain
inflation in its agribusiness segment. We expect the company to
continue to generate at least the same amount of FOCF this year,
and project annual free operating to exceed $100 million once grain
inflation normalizes. Given the company's performance stability and
a more favorable view of its portfolio diversification, our rating
affirmation includes higher leverage tolerance for the 'BB-' issuer
credit rating than before (debt to EBITDA in the low-3x area
compared with the mid-2x area before)."

Savage is now expanding into environmental services to further
reduce its exposure to the cyclical oil and gas industry.

Savage continues to invest in new business opportunities across its
three business logistics-based segments, agribusiness, energy and
chemicals, and environmental services; the latter segment of which
the company is strategically committed to growing over the long
term to reduce its exposure to the energy and chemicals segment,
parts of which are in secular decline. The expansion into
environmental services will continue to be in the company's core
transportation and logistics operating competency and will occur
primarily through incremental growth capital expenditures and joint
venture opportunities. The overall diversification should further
improve as the company slowly builds out its environmental services
segment, which now constitutes just 5% of EBITDA.

The negative outlook reflects the company's elevated leverage
following its debt-financed purchase of the minority interest
owners in its agribusiness subsidiary. Pro forma for the
acquisition, debt to EBITDA is 3.6x and leverage could remain above
3.5x if the company faces any unanticipated operating headwinds.

S&P could lower the rating at any time over the next twelve months
if it believes the company is unable to reduce leverage well below
3.5x within a year following this transaction. This could occur:

-- If the company's EBITDA underperform expectations, possibly
from an unanticipated weak earnings cycle in its agribusiness
segment, or

-- If the company undertakes any acquisitions that keep leverage
above 3.5x, including any possible future joint ventures that may
carry off-balance sheet debt that we could adjust onto Savage's
balance sheet.

S&P could revise the outlook to stable if the company reduces and
sustains debt to EBITDA well below 3.5x. This could occur over the
next year if the company is able to sustain EBITDA growth in the
3%-5% range, generate annual FOCF in line with historical levels of
more than $80 million, and continue to repay debt.



SD IMPORT: Wins Cash Collateral Access
--------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Michigan,
Southern Division, has authorized SD Import, LLC and Select
Distributors, LLC to use cash collateral on a final basis and
provide adequate protection.

The Debtor requires the use of the Cash Collateral for the
maintenance and preservation of its assets, and for the operation
of its business and the payment of business expenses in the
ordinary course.

The Debtor is permitted to use Cash Collateral and grant adequate
protection in accordance with the revised Budget filed on July 12,
2021, with a 10% variance in line item, and terms of the Motion,
and such authority continues until further order of the Court.

As adequate for the Debtors' use of cash collateral, the Lender and
other secured creditors are granted replacement liens in all types
and descriptions of collateral that were secured by the applicable
pre-petition loan documents, which are created, acquired, or arise
after the Petition Date.

As additional adequate protection, the Debtor must pay interest
only payments to the Lender in accordance with the due dates set
forth in the applicable loan documents. The first such payment must
be paid on or before August 8, 2021 in the amount of $272.45.

After the Petition Date, the Lender inadvertently debited the
Debtor's pre-petition bank account for the regular monthly payment
under the Debtor's line of credit with Lender. The Lender will
retain the post-petition payment as additional adequate protection
and except as may be allowed by paragraph 8 of the Order, until
further Court order, the Lender must not deduct any funds from the
Debtor's bank accounts.

The Debtor is authorized to segregate in a Debtor-In-Possession
account $20,000 per month for professional fees, commencing no
later than August 1, 2021, and on the first of each month
thereafter. The segregated funds for professional fees will remain
property of the estate until such time that fees are allowed under
11 U.S.C. section 330.

A copy of the order is available at https://bit.ly/3C65RLA from
PacerMonitor.com.

                 About SD Import

Select Distributors, LLC and SD Import, LLC collectively operate a
import and wholesale business, which wholesales, among other
novelty products, vape pens under various trade names.

Select Distributors and SD Import filed their voluntary petitions
for relief under Chapter 11 of the Bankruptcy Code (Bankr. E.D.
Mich. Case No. 21-45689 and Case No. 21-45687, respectively). At
the time of filing, SD Import estimated $50,000 in assets and
$500,001 to $1 million in liabilities, and Select Distributors
estimated $50,000 in assets and $100,001 to $500,000 in
liabilities.

Schafer and Weiner, PLLC, represents the Debtors as legal counsel.



SHAWN JENSEN: Seeks to Tap Forker Suter as Bankruptcy Counsel
-------------------------------------------------------------
Shawn Jensen DDS PA seeks approval from the U.S. Bankruptcy Court
for the District of Kansas to employ Forker Suter, LLC as its legal
counsel.

Forker Suter will render these legal services:

     (a) advise the Debtor regarding its powers and duties in the
continued operation of its business and management of its
property;

     (b) assist in negotiation, formulation, and drafting of a plan
of arrangement and reorganization;

     (c) examine claims against the Debtor; and

     (d) perform such other necessary legal services.

Dan Forker, Jr., Esq., the primary attorney in the Debtor's Chapter
11 case, will be paid at his hourly rate of $400.

Forker Suter received a retainer fee of $2,592.13 from the Debtor.

Mr. Forker disclosed in a court filing that his firm is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     Dan Forker, Jr., Esq.
     Forker Suter, LLC
     P.O. Box 1868
     Hutchinson, KS 67504
     Telephone: (620) 663-7131
     Email: info@forkersuter.com

                       About Shawn Jensen DDS

Shawn Jensen DDS PA sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Kan. Case No. 21-10699) on July 26,
2021. At the time of the filing, the Debtor disclosed $100,001 to
$500,000 in assets and $1 million to $10 million in liabilities.
Forker Suter, LLC serves as the Debtor's legal counsel.


SONOMA PHARMACEUTICALS: Inks ATM Offering Deal With H.C. Wainwright
-------------------------------------------------------------------
Sonoma Pharmaceuticals, Inc. entered into an At-The-Market Offering
Agreement with H.C. Wainwright & Co., LLC, as sales agent, pursuant
to which the Company may offer and sell, from time to time, through
Wainwright shares of its common stock, $0.0001 par value per
share.

Subject to the terms and conditions of the ATM Agreement,
Wainwright will use commercially reasonable efforts consistent with
its normal trading and sales practices, applicable state and
federal law, rules and regulations and the rules of the Nasdaq
Capital Market to sell shares from time to time based upon the
Company's instructions, including any price, time or size limits
specified by the Company.  Under the ATM Agreement, Wainwright may
sell shares by any method deemed to be an "at the market" offering
as defined in Rule 415 under the U.S. Securities Act of 1933, as
amended, or any other method permitted by law, including in
privately negotiated transactions.  Wainwright's obligations to
sell shares under the ATM Agreement are subject to satisfaction of
certain conditions, including customary closing conditions for
transactions of this nature.  The Company will pay Wainwright a
commission of 3% of the aggregate gross proceeds from each sale of
shares and has agreed to provide Wainwright with customary
indemnification and contribution rights.  The Company also agreed
to reimburse Wainwright for certain specified expenses of up to
$50,000.

The Company is not obligated to make any sales of its common stock
under the ATM Agreement and no assurance can be given that it will
sell any shares under the ATM Agreement, or, if the Company does,
as to the price or amount of shares that it will sell, or the dates
on which any such sales will take place.  The ATM Agreement will
terminate upon the earlier of (i) the sale of all shares under the
ATM Agreement, or (ii) as provided therein.

Sales of shares of common stock under the ATM Agreement will be
made pursuant to the registration statement on Form S-3 (File No.
333-250925), which was declared effective by the U.S. Securities
and Exchange Commission on Dec. 22, 2020, and a related prospectus
supplement filed with the SEC on July 30, 2021, for an aggregate
offering price of up to $6,000,000.

                    About Sonoma Pharmaceuticals

Sonoma Pharmaceuticals, Inc. -- http://www.sonomapharma.com-- is a
global healthcare company that develops and produces stabilized
hypochlorous acid, or HOCl, products for a wide range of
applications, including wound care, animal health care, eye care,
oral care and dermatological conditions. The Company's products
reduce infections, itch, pain, scarring and harmful inflammatory
responses in a safe and effective manner. In-vitro and clinical
studies of HOCl show it to have impressive antipruritic,
antimicrobial, antiviral and anti-inflammatory properties. Its
stabilized HOCl immediately relieves itch and pain, kills pathogens
and breaks down biofilm, does not sting or irritate skin and
oxygenates the cells in the area treated assisting the body in its
natural healing process.  The Company sells its products either
directly or via partners in 54 countries worldwide.

Sonoma Pharmaceuticals reported a net loss of $3.95 million for the
year ended March 31, 2021, compared to a net loss of $3.31 million
for the year ended March 31, 2020.  As of March 31, 2021, the
Company had $14.99 million in total assets, $9.62 million in total
liabilities, and $5.36 million in total stockholders' equity.

New York, NY-based Marcum LLP, the Company's auditor since at least
2006, issued a "going concern" qualification in its report dated
July 14, 2021, citing that the Company 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.


TITAN INTERNATIONAL: Incurs $2.4 Million Net Loss in Second Quarter
-------------------------------------------------------------------
Titan International, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $2.43 million on $438.64 million of net sales for the three
months ended June 30, 2021, compared to a net loss of $4.64 million
on $286.13 million of net sales for the three months ended June 30,
2020.

For the six months ended June 30, 2021, the Company reported net
income of $10.80 million on $842.16 million of net sales compared
to a net loss of $32.14 million on $627.63 million of net sales for
the six months ended June 30, 2020.

As of June 30, 2021, the Company had $1.13 billion in total assets,
$924.26 million in total liabilities, $25 million in redeemable
noncontrolling interest, and $178.18 million in total equity.

Overall net sales volume and product price and mix improved for
both the three and six months ended June 30, 2021 as compared to
the prior year periods due to market growth in the agricultural and
earthmoving/construction segments.  Pricing increases have been
implemented because of rising raw material costs and other
inflationary impacts in the markets, including freight.  The
contributing factors to the increase in demand were increased
commodity prices, lower equipment inventory levels and pent up
demand following the economic impacts of the COVID-19 pandemic
during 2020.  Lower sales volumes during the first half of 2020
were primarily caused by continued weakness in the commodity
markets and the effect of the COVID-19 pandemic which caused
significant uncertainty for customers in most geographies, most
notably OEM customers.

Gross profit for the second quarter ended June 30, 2021 was $61.5
million, compared to $29.9 million in the comparable prior year
period.  Gross margin was 14.0 percent of net sales for the
quarter, compared to 10.4 percent of net sales in the comparable
prior year period.  The increase in gross profit and margin was
driven by the impact of increases in sales volume favorably
impacting overhead absorption.  In addition, cost reduction
initiatives have been executed across global production facilities,
in the last year, somewhat reflecting COVID-19 pandemic responses.

Gross profit for the six months ended June 30, 2021 was $114.7
million, or 13.6% of net sales, an increase of $57.6 million
compared to $57.1 million, or 9.1% of net sales, for the six months
ended June 30, 2020.  The increase in gross profit and margin was
driven by the impact of increases in sales volume and cost
reduction initiatives executed across the business.  Gross profit
was negatively impacted by $2.8 million, as a result of abnormal
natural gas price increases for our North American operations due
to unprecedented unfavorable weather conditions experienced during
a few weeks in February 2021 in large portions of the Southwest and
Midwest regions of the United States.

Selling, general, administrative, research and development (SGARD)
expenses for the second quarter of 2021 were $35.1 million,
compared to $30.6 million for the comparable prior year period.  As
a percentage of net sales, SGARD was 8.0 percent, compared to 10.7
percent for the comparable prior year period.  The increase in
SGARD was driven primarily by an increase in other employee-related
costs on improved operating performance and growth in sales and
unfavorable foreign currency impacts primarily in Europe and the
United Kingdom.

SGARD for the six months ended June 30, 2021 were $71.7 million, or
8.5 percent of net sales, compared to $64.9 million, or 10.3
percent of net sales, for the six months ended June 30, 2020.  The
increase in SGARD was driven primarily by investments to improve
the Company's supply chain and logistics processes, an increase in
other employee-related costs on improved operating performance and
growth in sales and unfavorable foreign currency impacts primarily
in Europe and the United Kingdom.

The Company refinanced it senior secured notes during the second
quarter for 2021, and completed a call and redemption of all of its
outstanding $400 million principal amount of Titan's 6.50 percent
senior secured notes due 2023.  As a result, the call premium plus
a write-off of previously unamortized costs related to the senior
secured notes of $16.0 million was recorded in the income statement
for the three and six months ended June 30, 2021.

Foreign exchange loss was $0.8 million for the three months ended
June 30, 2021, compared to income of $8.8 million for the three
months ended June 30, 2020.  Foreign exchange gain was $8.7 million
for the six months ended June 30, 2021, compared to a loss of $8.4
million for the six months ended June 30, 2020.  The foreign
exchange loss experienced during the three months ended June 30,
2021 is the result of the unfavorable movements in foreign currency
exchange rates in many of the geographies in which the Company
conducts business as compared to the same period in 2020.  The
foreign exchange gain experienced during the six months ended
June 30, 2021 was related to realized foreign currency gains
associated with an ongoing initiative to rationalize Titan's legal
entity structure and ongoing management of the intercompany capital
structure as well as a favorable impact of the movement of foreign
exchange rates.  The foreign exchange loss experienced for the six
months ended June 30, 2020 were the result of the translation of
intercompany loans at certain foreign subsidiaries, which are
denominated in local currencies rather than the reporting currency,
which is the United States dollar.  Since such loans are expected
to be settled at some point in the future, these loans are adjusted
each reporting period to reflect the current exchange rates.
During the first quarter of 2020, the Company had settled a number
of intercompany loans as part of a loan restructuring initiative
with a resulting foreign exchange loss, which is reflected in the
total foreign exchange loss recognized for the first quarter of
2020.

Paul Reitz, president and chief executive officer commented, "I am
proud of how we continue to grow stronger as a Company and this is
highlighted by our tremendous financial performance in the second
quarter.  Our sales increased by over 53 percent from last year and
more importantly increased 9 percent from the first quarter this
year as our adjusted EBITDA improved by more than $11 million
sequentially to over $37 million this quarter.  Despite the
continuing supply chain and labor challenges, the Titan team
persevered through the noise, and delivered impressive results in
the second quarter.  These results come after both strategic
actions and significant efforts to reposition and transform Titan
to achieve greater long-term success.  Our end-markets currently
are very buoyant, with strong fundamentals present for a sustained
runway for elevated activity through this year and beyond.

"During the second quarter, both our Agriculture and
Earthmoving/Construction segments experienced strong sales volume
growth even beyond the first quarter higher levels.  In Ag, dealer
inventories remain tight, used and new equipment pricing continues
to increase, and the overall large equipment fleet is aged.  From
our viewpoint, Ag growth continues to build momentum across the
globe, with our customers starting to provide us with indications
of continued strength into 2022.  We see momentum in large Ag
products where orders have increased throughout the quarter and
should keep moving in a further positive direction as the large Ag
equipment market is still roughly 25 percent below long-term
averages.  Farm commodity prices remain at historically elevated
levels, which should also support sustained market activity for
Titan for the foreseeable future.  Our earthmoving and construction
end-markets continue to look promising as our undercarriage
business continues on a strong pace and early 2022 indications are
healthy with increased infrastructure and ramping construction
activities being the primary driving forces.

"We completed the refinancing of our $400 million bonds during the
second quarter, extending the maturity to 2028.  This move, along
with the actions we had taken previously, position us well for the
future by providing stability to manage the business.  With our
strong second quarter and first half results, Titan is set to
deliver adjusted EBITDA north of $120 million this year, with
opportunities for further growth next year.  We have worked
tirelessly to position ourselves well with our customers to support
their increasing needs, and we believe we are in a unique situation
at this time to capitalize on our reinvigorated strength to drive
growth and increased financial results that our investors expect
and deserve."

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/899751/000089975121000106/twi-20210630.htm

                            About Titan

Titan International, Inc. -- http://www.titan-intl.com-- is a
global manufacturer of off-highway wheels, tires, assemblies, and
undercarriage products.  Headquartered in Quincy, Illinois, the
Company globally produces a broad range of products to meet the
specifications of original equipment manufacturers (OEMs) and
aftermarket customers in the agricultural,
earthmoving/construction, and consumer markets.

Titan International reported a net loss of $65.08 million for the
year ended Dec. 31, 2020, compared to a net loss of $51.52 million
for the year ended Dec. 31, 2019.  As of Dec. 31, 2020, the Company
had $1.03 billion in total assets, $830.62 million in total
liabilities, $25 million in redeemable noncontrolling interest, and
$176.26 million in total equity.

                             *   *   *

As reported by the TCR on April 5, 2021, Moody's Investors Service
upgraded its ratings for Titan International, Inc., including the
company's corporate family rating to Caa1 from Caa3, the
probability of default rating to Caa1-PD from Caa3-PD and the
senior secured rating to Caa1 from Ca.  The upgrades reflect
Moody's expectations that favorable demand recovery in Titan's end
markets, specifically agricultural equipment, will translate to
Moody's adjusted EBITDA margin near 5% (from 3% in 2020) and
material deleveraging in 2021 to about 7x debt/EBITDA (from above
13x in 2020).


U.S. TOBACCO COOPERATIVE: Taps BDO Consulting as Financial Advisor
------------------------------------------------------------------
U.S. Tobacco Cooperative Inc. and its affiliates seek approval from
the U.S. Bankruptcy Court for the Eastern District of North
Carolina to employ BDO Consulting Group, LLC as their financial
advisor.

The firm will render these services:

     a. update and monitor cash flow forecasts, including budget
versus actual variances;

     b. assist in bankruptcy proceedings and preparation of
necessary court filings, including schedules of assets and
liabilities, statements of financial affairs and monthly operating
reports;

     c. assist in the preparation of information and analysis
necessary for any motions to be filed in the Chapter 11 proceeding
as requested by the Debtor or its legal counsel;

     d. assist with information and analyses required pursuant to
the Debtors' use of cash collateral and debtor-in-possession
financing;

     e. assist in the preparation of financial information for
distribution to parties-in-interest;

     f. assist in discussions with potential investors, banks and
secured lenders, any official committee appointed in the Debtors'
Chapter 11 cases, the bankruptcy administrator and other parties in
interest;

     g. assist with budgeting and forecasting;

     h. assist in developing and implementing key employee
retention or incentive plan and other critical employee benefit
programs;

     i. assist the Debtors in the identification of core business
assets, the disposition of assets or liquidation of unprofitable
operations;

     j. provide assistance regarding the evaluation of the present
level of operations and identification of areas of potential cost
savings;

     k. assist in the implementation, execution and monitoring of
any restructuring plan;

     l. analysis of creditor claims;

     m. assist in the evaluation and analysis of avoidance actions,
including fraudulent conveyances and preferential transfers;

     n. provide expert testimony in the bankruptcy court, as
needed;

     o. provide reports and recommendations to the Debtors' Boards
of Directors as requested, and

     p. assist with other work as requested by the Debtors and
agreed to by BDO.

The hourly rates charged by BDO professionals are as follows:

     David Berliner, Partner           $751.50
     Baker Smith, Managing Director    $625.50
     Jaime Schwarz, Managing Director  $585.00
     Bowen Smith, Manager              $463.50
     Anthony Del Piano, Senior         $247.50

David Berliner, a partner at BDO, disclosed in a court filing that
his firm is a "disinterested person" as such term is defined in
Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     David Berliner
     BDO Consulting Group, LLC
     421 Fayetteville St., Suite 300
     Raleigh, NC  27601
     Phone: 919-754-9370
     Fax: 919-754-9369

                  About U.S. Tobacco Cooperative

U.S. Tobacco Cooperative produces U.S. flue-cured tobacco grown by
500+ member growers in Florida, Georgia, South Carolina, North
Carolina, and Virginia.  Member-grown tobacco is processed and sold
as raw materials to cigarette manufacturers worldwide.

U.S. Tobacco Cooperative and affiliates sought Chapter 11
protection (Bankr. E.D. N.C. Lead Case No. 21-01511) on July 7,
2021. In the petition signed by Keith H. Merrick, chief financial
officer, U.S. Tobacco Cooperative estimated assets of between $100
million and $500 million and estimated liabilities of between $100
million and $500 million.  

Judge Joseph N. Callaway oversees the cases.  

Hendren, Redwine & Malone, PLLC and BDO Consulting Group, LLC serve
as the Debtors' legal counsel and financial advisor, respectively.


UAL CORPORATION: Egan-Jones Keeps CCC+ Senior Unsecured Ratings
---------------------------------------------------------------
Egan-Jones Ratings Company, on July 22, 2021, maintained its 'CCC+'
foreign currency and local currency senior unsecured ratings on
debt issued by UAL Corporation. EJR also maintained its 'B' rating
on commercial paper issued by the Company.

Headquartered in Chicago, Illinois, UAL Corporation is a holding
company.



UNITED RENTALS: Moody's Rates Planned $750MM Unsecured Notes 'Ba2'
------------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to United Rentals
(North America), Inc.'s (URNA) planned $750 million senior
unsecured notes due 2032. URNA's parent, United Rentals, Inc. and
URNA's domestic subsidiaries will guarantee the notes. The
company's other ratings, including its Ba1 corporate family rating,
Ba1-PD probability of default rating, Baa3 senior secured first
lien rating, Baa3 senior secured second lien rating, and Ba2 senior
unsecured rating are unaffected. The outlook remains stable.

URNA plans to use the proceeds from the notes, together with about
$286 million of revolver borrowings, to fund the redemption of all
$1 billion of the 5.875% senior unsecured notes due 2026. The
ratings on those notes will be withdrawn following the redemption.

Assignments:

Issuer: United Rentals (North America), Inc.

Senior Unsecured Regular Bond/Debenture, Assigned Ba2 (LGD5)

RATINGS RATIONALE

URNA's Ba1 CFR reflects the company's considerable scale from its
position as North America's largest equipment rental company. The
rating also reflects the company's broad array of equipment
offerings, solid end market and customer diversification, low
financial leverage and consistent profits. URNA will remain
acquisitive, which will increase its scale and expand its product
offerings to better meet its customers' needs. The ratings
incorporate Moody's acknowledgment of URNA's track record of
quickly integrating acquisitions and subsequently deleveraging to
restore its credit metrics.

Moody's expects URNA to organically grow its topline about 5% while
debt-to-EBITDA remains below 3 times over the next 12-18 months.
Profit margin will be pressured relative to 2020 as certain
operating expenses return that were not incurred as a result of the
pandemic last year. There are also inflationary labor and delivery
expenses to contend with, as well as competitive pricing pressures
in certain regions resulting from lower, albeit improving,
industry-wide equipment utilization rates.

URNA's free cash flow will be solid but down in 2021 relative to
2020 as an increase in capital expenditures and working capital
more than offsets the increased funds flow from rebounding volumes
and profitability (free cash flow includes proceeds from equipment
sales). Staying competitive requires access to considerable capital
to grow the equipment fleet, so capital spending can increase
substantially. URNA reduced capex in 2020 and aged its equipment
portfolio, but it is likely to incur higher than replacement level
spending over the near term.

Despite having to make a large amount of equipment purchases, URNA
must also regularly dispose of its used fleet, even in weak market
conditions. Although used equipment pricing at URNAs retail
locations was up 7% year-over-year, pricing in the secondary market
for used equipment is likely to decline at some point, at which
point prices could fall below book estimates.

The stable outlook reflects Moody's view that URNA will have 5%
topline growth as the economy continues to improve, and that URNA
will gradually deleverage towards 2.0 times debt-to-EBITDA over the
next 12-18 months.

The SGL-1 speculative grade liquidity rating reflects URNA's very
good liquidity, largely supported by about $2.4 billion of
availability under a $3.75 billion ABL facility that matures in
2024. URNA also has $106 million of availability on an A/R
facility, cash of about $336 million, and expected free cash flow
of about $1.2 billion in 2021. Free cash flow includes the proceeds
from equipment sales that Moody's expect to be in the $850 million
range. Relative to 2020, higher cash flow from a rebound in revenue
will be more than offset by a significant increase in capital
expenditures.

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

The ratings could be upgraded with debt-to-EBITDA sustained around
2 times and FFO-to-debt maintained around 40%. Moody's would also
expect maintenance of strong margins that preserve financial
flexibility to fund what may be large capital investment in an
expanding market after a period of lower than replacement level
spending. Strong liquidity to manage through industry cycles and
consistent evidence of equipment sales at strong realized values
would also be necessary for a rating upgrade.

The ratings could be downgraded if debt-to-EBITDA is likely to
approach 3 times, FFO-to-debt declines below 25%, or if market
expansion becomes overly aggressive and is likely to stress
margins. In addition, the ratings could be downgraded if there is a
loss of market share during an expanding market, or an inability to
promptly delever following debt-funded acquisitions or weakening
liquidity.

The principal methodology used in this rating was Equipment and
Transportation Rental Industry published in April 2017.

United Rentals (North America), Inc., headquartered in Stamford,
CT, is the largest US equipment rental company with a rental fleet
of approximately 615,000 units. Investment in rental equipment
approximates $13.8 billion across the company's about 1,165 rental
locations across North America (and 11 branches in Europe). The
company has two reportable segments: General Rentals and Trench,
Power and Pumps. While the primary source of revenue is from
renting equipment, the company also sells new and used equipment
and related parts and services. United Rentals reported about $8.6
billion of revenue for the twelve month period ended June 30, 2021.



UNITED RENTALS: S&P Rates $750MM Senior Unsecured Notes 'BB'
------------------------------------------------------------
S&P Global Ratings assigned its 'BB' rating to United Rentals
(North America) Inc.'s (URNA's) proposed $750 million senior
unsecured notes due in 2032. The recovery rating is '5', indicating
S&P's expectation for modest (10%-30%; rounded estimate: 25%)
recovery in the event of a payment default. The company plans to
use the net proceeds, in addition to borrowings under its
asset-based revolving credit facility (ABL), to redeem its $1
billion 5.875% senior unsecured notes due in 2026. The transaction
does not have any material impact on its leverage estimates.

URNA is a subsidiary of Stamford, Conn.-based equipment rental
company United Rentals Inc. (URI), which--with URNA's current and
future domestic subsidiaries (subject to limited
exceptions)--guarantees the notes.

S&P said, "Our 'BB+' issuer credit ratings and stable outlooks on
both URI and URNA are unchanged. We expect rental equipment demand
will continue to improve over the next 12 months as construction
and industrial markets recover. We also expect the company to
continue to focus on cost and capital management to maintain its
solid near-50% EBITDA margin." This should enable URI to maintain
its S&P Global Ratings-adjusted leverage in the low- to mid-2x area
over the next 12 months, which provides a moderate cushion to
absorb the potential volatility in its EBITDA over the economic
cycle and the high degree of capital intensity in its industry.

ISSUE RATINGS--RECOVERY ANALYSIS

Key analytical factors

-- S&P's simulated default scenario contemplates an unexpected and
drastic downturn in the nonresidential construction industry that
severely strains the company's equipment usage, rental rates,
revenue, and cash flow.

-- Although S&P believes URI would likely reorganize after a
default, it uses a discrete asset value (DAV) approach to analyze
recovery prospects for most general equipment rental providers.

-- S&P said, "Our DAV approach starts with the net book value of
the company's assets as of June 30, 2021. We assume balance-sheet
accounts are partially diluted to reflect the estimated loss of
appraised value through additional depreciation or expected
contraction in working-capital assets in the period leading up to
the hypothetical default. We then apply realization rates to the
assets, reflecting the friction of selling or discounts potential
buyers or restructurers would apply in distressed circumstances."

-- S&P assumes realization rates of 75% for rental equipment, 80%
for unsold accounts receivable (we exclude the assets and
liabilities related to URI's accounts receivable special-purpose
entity), 65% for inventory, and 40% for other property and
nonrental equipment.

Simulated default assumptions

-- Simulated year of default: 2026
-- Jurisdiction: U.S.
-- ABL facility: 60% drawn at default

Simplified waterfall

-- Gross enterprise value: $6.1 billion

-- Net enterprise value (after 5% administrative expenses): $5.8
billion

-- Collateral/noncollateral valuation split: 90%/10%

-- Collateral value available to ABL and first-lien lenders: $5.6
billion

-- ABL estimate (60% utilization): $2.3 billion

    --Recovery expectations: Not applicable (unrated)

-- First-lien secured term loan: $962 million

    --Recovery expectations: 90%-100% (rounded estimate: 95%)

-- Collateral value available to secured noteholders: $2.4
billion

-- Secured second-lien notes: $765 million

    --Recovery expectations: 90%-100% (rounded estimate: 95%)

-- Total value available to unsecured claims: $1.8 billion

-- Senior unsecured debt and pari passu claims: $6.2 billion

    --Recovery expectations: 10%-30% (rounded estimate: 25%)

All debt amounts above include six months of prepetition interest.



VISTAGE INTERNATIONAL: S&P Affirms 'B' ICR, Outlook Stable
----------------------------------------------------------
S&P Global Ratings affirmed its ratings on U.S.-based peer advisory
company Vistage International Inc., including its 'B' issuer credit
rating.

S&P said, "The stable outlook reflects our expectation that
adjusted leverage will increase to about 6x and free operating cash
flow (FOCF) to debt of about 10% in fiscal 2022 following the
dividend recap and EBITDA decline from a higher cost base. However,
we expect the company to continue generating good cash flow and
leverage to improve to the high-5x area in fiscal 2023 in line with
the expected post-pandemic economic recovery.

"Although the proposed transaction reflects Vistage's aggressive
financial policy, we expect the company to reduce debt through
EBITDA growth over the next 24 months. Vistage's leverage has been
very high since its leveraged buyout by financial sponsor
Providence Equity Partners in early 2018. The proposed transaction
is the company's second dividend over the past 12 months.
Notwithstanding the company's favorable EBITDA margin expansion
over the past 12 months and our expectations for organic revenue
growth in the next 12 months, we believe the financial sponsor will
continue to use leverage as a tool to grow the business
inorganically or issue special dividends over the next few years,
thus maintaining leverage above 5x, consistent with our 'B' issuer
credit rating. We expect leverage to increase to about 6x in fiscal
2022 from 4.3x in fiscal 2021 due to the proposed dividend recap
and expected margin compression.

"We expect Vistage's margin profile to normalize in a downward
direction in the next 12 months. Vistage typically maintains its
EBITDA margins in the high-20% area due to its highly variable cost
structure and lower selling, general, and administrative costs.
Despite member attrition from clients looking to cut discretionary
spending and pandemic-related economic impacts, the company has
temporarily maintained EBITDA margins above 30% by delaying
expenditures due to COVID-19 and shifting to a lower cost base with
virtual events. We expect many of these costs to come back in the
next 12 months as membership growth increases and physical
in-person events that typically have a higher cost of revenue than
virtual events resume."

The company's subscription-based model gives it good revenue
visibility. Although Vistage competes in the niche peer advisory
services business, which has limited barriers to entry, it has a
leading market position. The company generates almost all revenues
through subscriptions, which clients pay in advance on a monthly,
quarterly, or annual basis. Vistage has historically had good
revenue retention rates of about 80%.

A highly variable cost structure enables company to maintain stable
margins. The company has a variable cost structure, as most of its
costs are related to chairs' compensation expenses and speaker
fees, which are variable in nature since these expenses are
incurred only when the revenue-generating events occur. This
provides Vistage the flexibility to reduce costs in case of lower
demand.

S&P said, "The stable outlook reflects our expectation that
adjusted leverage will increase to about 6x and FOCF to debt of
around 10% in fiscal 2022 following the dividend recap and EBITDA
decline from a higher cost base. However, we expect the company to
continue generating good cash flow and leverage to decline to the
high-5x area in fiscal 2023 in line with the expected post-pandemic
economic recovery."

S&P could lower the rating by one notch if it expects FOCF to
decline and remain below 5% or if adjusted leverage rises above 7x
on a sustained basis, indicating a potentially higher liquidity
risk. This could be due to:

-- A larger-than-forecasted member attrition rate and/or increased
competition that leads to severe pricing pressures; or

-- Vistage issues additional debt to fund shareholder
distributions, such that it expects the company to tolerate a
higher leverage level going forward.

S&P views an upgrade as unlikely over the next 12 months. S&P could
raise the rating on Vistage if it can:

-- Reduce leverage to below 5x while maintaining FOCF to debt
above the 10% area on a sustained basis; and

-- Improve revenue diversification and commit to a less-aggressive
financial policy on an ongoing basis.



WILLCO X DEVELOPMENT: Oct. 5 Plan Confirmation Hearing Set
----------------------------------------------------------
On June 29, 2021, Debtor Willco X Development, LLLP filed with the
U.S. Bankruptcy Court for the District of Colorado a Second Amended
Disclosure Statement in support of the Third Amended Plan of
Reorganization.

On July 29, 2021, Judge Thomas B. McNamara approved the Disclosure
Statement and ordered that:

     * Sept. 21, 2021, is fixed as the last day to file ballots
accepting or rejecting the Plan.

     * Sept. 21, 2021, is fixed as the last day to file any
objection to confirmation of the Plan.

     * Oct. 5, 2021, at 1:30 p.m. in the United States Bankruptcy
Court for the District of Colorado, Courtroom E, U.S. Custom House,
721 19th Street, Denver, Colorado is the hearing for consideration
of confirmation of the Plan.

A copy of the order dated July 29, 2021, is available at
https://bit.ly/3rOwZtR from PacerMonitor.com at no charge.

Counsel for the Debtor:

     Jeffrey A. Weinman
     WEINMAN & ASSOCIATES, P.C.
     730 17th Street, Suite 240
     Denver, CO 80202-3506
     Telephone: (303) 572-1010
     Facsimile: (303) 572-1011
     E-mail: jweinman@weinmanpc.com

                     About Willco X Development LLP

Willco X Development, LLLP, operator of the Hilton Garden Inn of
Thornton in Colo., filed a Chapter 11 petition (Bankr. D. Colo.
Case No. 20-16438) on Sept. 29, 2020.  The Debtor was estimated to
have $10 million to $50 million in assets and liabilities as of the
bankruptcy filing.  

Judge Thomas B. McNamara oversees the case.

Weinman & Associates, P.C., led by Jeffrey A. Weinman, is the
Debtor's legal counsel.

Independent Bank, as lender, is represented by John F. Young, Esq.,
at Markus Williams Young & Hunsicker LLC.


WIREPATH LLC: Moody's Upgrades CFR to B2 Amid Recent IPO
--------------------------------------------------------
Moody's Investors Service upgraded Wirepath LLC's (dba "Snap One")
corporate family rating to B2 from B3 and its probability of
default rating to B2-PD from B3-PD. Concurrently, Moody's upgraded
the rating on Snap One's senior secured first-lien credit facility
(term loan and revolving credit facility) to B2 from B3. Moody's
also assigned an SGL-2 Speculative Grade Liquidity rating. The
outlook remains stable.

The rating upgrade is driven by the material reduction of leverage,
to about 4.6x from 7.2x (Moody's adjusted) as of March 31, 2021,
following Snap One's repayment of approximately $215 million of its
first lien term loan using proceeds from the recently completed
public stock offering ("IPO"). Other governance considerations in
the rating action include Snap One's lower leverage target,
expectation of balanced financial policy and still-significant
sponsor ownership following the IPO.

Moody's adjusted debt-to-EBITDA is expected to be 4.6x at the end
2021 and decline further to 4.1x by the end of 2022, driven by
Moody's expectations for strong revenue and EBITDA growth. The
rating upgrade is also supported by the expectation that, as a
publicly traded company with a stronger balance sheet, Snap One
will maintain more moderate financial policy. Hellman & Friedman
still retains a significant ownership interest in the company, with
remaining shares held by public shareholders and management.

RATINGS RATIONALE

Snap One's B2 CFR reflects the company's strong market presence and
the enhancement of scale, global distribution and market share via
acquisitions and organic revenue growth in the 10% area. The
company is one of the most recognized names by professional
installers in the home AV and automation markets and is one of the
largest players in the space. Snap One's direct-to-integrator sales
model is designed to eliminate the risk of intermediation by
lower-cost retail providers by replacing traditional design,
manufacturing, and distribution roles with a fully integrated
platform based on an efficient e-commerce platform. Moody's
believes that smart home industry has a favorable long-term outlook
as consumers embrace new technologies that improve connectivity and
quality of life. Moody's expects that the company will be able to
expand into additional home equipment via organic growth or small
acquisitions that could increase the revenue base and increase
scale in the long term. In addition, the company's strategy of
penetrating the technology-enabled smart home market can create
opportunities for subscription based revenue.

Snap One's ratings are constrained by its exposure to volatility in
the economic environment related to housing market strength and
consumer discretionary spend. The company's products are
concentrated in the very high end of the home AV market with
average spend of $20,000 per project by the customer. Demand for
the company's products are elastic and susceptible to decline
during recessionary conditions when consumers suspend high ticket
discretionary purchases. Without penetration into the mid-tier of
home AV and automation installations, the risks of significantly
declining demand in a recessionary environment will continue to be
a feature of the credit. Despite public ownership, the company
remains sponsor-controlled which, in Moody's view, elevates the
risk of aggressive growth or shareholder return strategies.

The stable outlook reflects the expectation that operating
conditions will be favorable over the foreseeable future and the
strong performance and resiliency of demand that the company has
shown over the pandemic in 2020 is expected to continue. Snap One
has been able to expand its customer base to 16,000 integrators and
70% of its sales are from proprietary brands that have higher
margins than third party brands. Demand for residential AV and
automation equipment is supported by secular tailwinds as more
consumers seek to make their homes connected and as homes become
'smarter'. The company's products are targeted towards the high end
of the residential market and projects that are completed by the
company's network of installers tend to be highly technical in
nature. Going forward, leverage is expected to decline to around
4.6x by the end of 2021 and free cash flow to be positive for the
year, driven by steady revenue growth and stable margins.

The SGL-2 Speculative Grade Liquidity Rating reflects Moody's
expectation that Snap One will maintain good liquidity. Subsequent
to the IPO, liquidity is supported by about $23 million of cash on
the balance sheet and expected $10 million in free cash flow for
2021, which together should cover the expected cash outflow through
2021, including a $5.1 million mandatory debt amortization. Free
cash flow for this year includes around $20 million of one-time
cash costs related to the IPO and acquisitions. Moody's expects
free cash flow to improve to around $50 million for 2022 and free
cash flow to debt to be around 13%. Liquidity is also supported by
the company's $60 million revolver that has full availability. The
revolver has a financial covenant: a static 8.15x first lien net
leverage maximum, tested when borrowings exceed 35% of the revolver
commitment. Moody's does not expect the company to draw down on the
revolver over the next 12 months and thus is not expected to be
subject to the covenant.

Upgrades:

Issuer: Wirepath LLC

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

Corporate Family Rating, Upgraded to B2 from B3

Senior Secured 1st Lien Revolving Credit Facility, Upgraded to B2
(LGD3) from B3 (LGD3)

Senior Secured 1st Lien Term Loan, Upgraded to B2 (LGD3) from B3
(LGD3)

Assignments:

Issuer: Wirepath LLC

Speculative Grade Liquidity Rating, Assigned SGL-2

Outlook Actions:

Issuer: Wirepath LLC

Outlook, Remains Stable

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

The ratings could be upgraded if Moody's expects 1) sustained
organic revenue growth and increasing scale and continued
diversification of products sold; 2) debt to EBITDA (Moody's
adjusted) to remain below 4.0x; and 4) the company will sustain
good liquidity through cycles.

The ratings could be downgraded if 1) revenue or profits do not
grow as expected, evidencing increased competition or loss of
market share; 2) Moody's expects debt to EBITDA will be sustained
above 5.5x; 3) liquidity deteriorates; or 4) free cash flow
approaches break--even (all metrics Moody's adjusted).

Wirepath LLC (dba Snap One) is a technology-enabled, value-added
wholesale supplier and distributor of products and services to
integrators in, primarily, the home and small business audio visual
("AV") equipment sector. SnapAV, which generated $862 million of
revenues for the LTM period ended March 31, 2021, is a publicly
trade company, but still majority owned by funds affiliated with
private equity sponsor Hellman & Friedman. The company is
headquartered in Charlotte, NC.

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


[*] Michael Kostecka Returns to Allen Matkins as Partner
--------------------------------------------------------
Allen Matkins, a California-based, full-service real estate and
business law firm, announced on Aug. 2 the return of partner
Michael (Mike) Kostecka to its Los Angeles office. Mr. Kostecka was
an associate at Allen Matkins from 2006-2012 and senior counsel
from 2012-2014. His practice encompasses a broad range of real
estate and construction transactions, including advising landlord
and tenant clients in structuring, negotiating, and drafting
commercial real estate and ground leases of all types of real
estate assets; purchase and sale agreements; advising commercial
property owners, architects, engineers, and contractors in the
negotiation and drafting of design, engineering, consulting, and
construction of significant commercial real estate projects; and
managing all aspects of joint venture and preferred equity
investment transactions for real estate investment firm clients.

"Mike's wide breadth of real estate and construction experience, in
addition to his familiarity with Allen Matkins and its attorneys,
makes him a perfect fit for our nationally recognized and robust
Real Estate Group," says Allen Matkins partner Neil N. Gluck, head
of the firm's Los Angeles Real Estate Department. "We welcome back
Mike with open arms and look forward giving him a platform and the
resources Allen Matkins boasts to help him continue to grow his
already successful and flourishing practice."

Mr. Kostecka sees his return to Allen Matkins as an opportunity to
work with attorneys who helped launch his career and leverage the
resources the firm provides to better serve his existing clients
and expand his client roster. Over his 15-year career, he has
negotiated thousands of commercial real estate leasing, purchase
and sale and construction transactions, from representing small
investors purchasing a boutique hotel out of a receivership to
helping a Fortune 500 company lease hundreds of thousands of square
feet in office space. Some high-profile matter Mike has worked on
recently include representing a global REIT in the disposition of
over 100 hotels through a complex auction bidding system and
representing the University of Southern California in the
negotiation of the construction contract to add the South Tower at
the Los Angeles Memorial Coliseum.

Mr. Kostecka received his bachelor's degree in political science,
cum laude, from Santa Clara University and his J.D. from Loyola Law
School where he graduated cum laude and Order of the Coif and
ranked 12th out of 421 students in his graduating class. Prior to
rejoining Allen Matkins, he was a partner at the real estate and
litigation boutique law firm of Safarian Choi & Bolstad LLP in Los
Angeles.

                       About Allen Matkins

Founded in 1977, Allen Matkins -- http://www.allenmatkins.com/--
is a California-based law firm with more than 200 attorneys in four
major metropolitan areas of California: Los Angeles, Orange County,
San Diego, and San Francisco. The firm's areas of focus include
real estate, construction, land use, and environmental and natural
resources; corporate and securities, real estate and commercial
finance, bankruptcy, restructurings and creditors' rights, joint
ventures, and tax; labor and employment; and trials, litigation,
risk management, and alternative dispute resolution in all of these
areas.



[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------

                                                Total
                                               Share-      Total
                                    Total    Holders'    Working
                                   Assets      Equity    Capital
  Company         Ticker             ($MM)       ($MM)      ($MM)
  -------         ------           ------    --------    -------
ACCELERATE DIAGN  1A8 GR             92.7       (66.4)      74.4
ACCELERATE DIAGN  AXDX US            92.7       (66.4)      74.4
ACCELERATE DIAGN  AXDX* MM           92.7       (66.4)      74.4
ACCELERATE DIAGN  1A8 TH             92.7       (66.4)      74.4
ACCELERATE DIAGN  1A8 QT             92.7       (66.4)      74.4
AEMETIS INC       DW51 GR           143.7      (138.4)     (42.2)
AEMETIS INC       AMTX US           143.7      (138.4)     (42.2)
AEMETIS INC       AMTXGEUR EZ       143.7      (138.4)     (42.2)
AEMETIS INC       AMTXGEUR EU       143.7      (138.4)     (42.2)
AEMETIS INC       DW51 GZ           143.7      (138.4)     (42.2)
AEMETIS INC       DW51 TH           143.7      (138.4)     (42.2)
AEMETIS INC       DW51 QT           143.7      (138.4)     (42.2)
AERIE PHARMACEUT  AERI US           362.7       (10.4)     200.2
AERIE PHARMACEUT  0P0 GZ            362.7       (10.4)     200.2
AERIE PHARMACEUT  0P0 TH            362.7       (10.4)     200.2
AERIE PHARMACEUT  0P0 QT            362.7       (10.4)     200.2
AERIE PHARMACEUT  AERIEUR EU        362.7       (10.4)     200.2
AERIE PHARMACEUT  0P0 GR            362.7       (10.4)     200.2
AGENUS INC        AJ81 GR           234.9      (175.4)      (2.7)
AGENUS INC        AGEN US           234.9      (175.4)      (2.7)
AGENUS INC        AJ81 GZ           234.9      (175.4)      (2.7)
AGENUS INC        AJ81 QT           234.9      (175.4)      (2.7)
AGENUS INC        AGENEUR EZ        234.9      (175.4)      (2.7)
AGENUS INC        AJ81 TH           234.9      (175.4)      (2.7)
AGENUS INC        AGENEUR EU        234.9      (175.4)      (2.7)
AGRIFY CORP       AGFY US           161.5       146.1      144.0
ALPHA CAPITAL -A  ASPC US           231.6       206.6        1.6
ALPHA CAPITAL AC  ASPCU US          231.6       206.6        1.6
ALPHA PARTNERS T  APTMU US            0.9        (2.2)      (0.4)
ALTICE USA INC-A  ATUS* MM       33,532.0    (1,349.0)  (2,294.7)
ALTICE USA INC-A  15PA TH        33,532.0    (1,349.0)  (2,294.7)
ALTICE USA INC-A  15PA GR        33,532.0    (1,349.0)  (2,294.7)
ALTICE USA INC-A  ATUSEUR EU     33,532.0    (1,349.0)  (2,294.7)
ALTICE USA INC-A  15PA GZ        33,532.0    (1,349.0)  (2,294.7)
ALTICE USA INC-A  ATUS US        33,532.0    (1,349.0)  (2,294.7)
AMC ENTERTAINMEN  AMC US         10,488.7    (2,287.0)    (568.5)
AMC ENTERTAINMEN  AMC* MM        10,488.7    (2,287.0)    (568.5)
AMC ENTERTAINMEN  AMC4EUR EU     10,488.7    (2,287.0)    (568.5)
AMC ENTERTAINMEN  AH9 TH         10,488.7    (2,287.0)    (568.5)
AMC ENTERTAINMEN  AH9 QT         10,488.7    (2,287.0)    (568.5)
AMC ENTERTAINMEN  AH9 GR         10,488.7    (2,287.0)    (568.5)
AMC ENTERTAINMEN  AH9 GZ         10,488.7    (2,287.0)    (568.5)
AMC ENTERTAINMEN  AH9 SW         10,488.7    (2,287.0)    (568.5)
AMER RESTAUR-LP   ICTPU US           33.5        (4.0)      (6.2)
AMERICAN AIR-BDR  AALL34 BZ      72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  AAL TE         72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  A1G SW         72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  A1G GZ         72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  AAL11EUR EU    72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  AAL AV         72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  AAL11EUR EZ    72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  A1G QT         72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  AAL US         72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  A1G GR         72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  AAL* MM        72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  A1G TH         72,464.0    (7,667.0)   1,126.0
AMERICAN AIRLINE  AAL-RM RM      72,464.0    (7,667.0)   1,126.0
AMERISOURCEB-BDR  A1MB34 BZ      47,003.3      (102.8)   2,472.7
AMERISOURCEBERGE  ABG TH         47,003.3      (102.8)   2,472.7
AMERISOURCEBERGE  ABC2EUR EU     47,003.3      (102.8)   2,472.7
AMERISOURCEBERGE  ABG GR         47,003.3      (102.8)   2,472.7
AMERISOURCEBERGE  ABC US         47,003.3      (102.8)   2,472.7
AMERISOURCEBERGE  ABC2EUR EZ     47,003.3      (102.8)   2,472.7
AMERISOURCEBERGE  ABG QT         47,003.3      (102.8)   2,472.7
AMERISOURCEBERGE  ABG GZ         47,003.3      (102.8)   2,472.7
AMYRIS INC        AMRS US           326.6      (310.1)     105.1
AMYRIS INC        3A01 GR           326.6      (310.1)     105.1
AMYRIS INC        3A01 TH           326.6      (310.1)     105.1
AMYRIS INC        AMRSEUR EZ        326.6      (310.1)     105.1
AMYRIS INC        3A01 QT           326.6      (310.1)     105.1
AMYRIS INC        AMRSEUR EU        326.6      (310.1)     105.1
AMYRIS INC        3A01 GZ           326.6      (310.1)     105.1
AMYRIS INC        AMRS* MM          326.6      (310.1)     105.1
ANEBULO PHARMACE  ANEB US             4.3        (6.5)       3.6
APPLOVIN CO-CL A  APP US          2,621.4      (129.7)     698.2
APPLOVIN CO-CL A  6RV GZ          2,621.4      (129.7)     698.2
APPLOVIN CO-CL A  6RV GR          2,621.4      (129.7)     698.2
APPLOVIN CO-CL A  APP2EUR EU      2,621.4      (129.7)     698.2
APPLOVIN CO-CL A  6RV QT          2,621.4      (129.7)     698.2
APPLOVIN CO-CL A  6RV TH          2,621.4      (129.7)     698.2
APRIA INC         APR US            684.4       (19.0)      32.2
ARCHIMEDES TECH   ATSPU US            -           -          -
ARCHIMEDES- SUB   ATSPT US            -           -          -
ARRAY TECHNOLOGI  ARRY US           583.3       (70.1)      53.2
ASANA INC- CL A   ASAN US           747.6       (47.7)     264.4
ASHFORD HOSPITAL  AHT US          4,058.0       (54.2)       -
ASHFORD HOSPITAL  AHD GR          4,058.0       (54.2)       -
ASHFORD HOSPITAL  AHT1EUR EU      4,058.0       (54.2)       -
ASHFORD HOSPITAL  AHD TH          4,058.0       (54.2)       -
ATLAS TECHNICAL   ATCX US           362.3      (154.4)     113.0
AUSTERLITZ ACQ-A  AUS US            691.6       618.5        0.8
AUSTERLITZ ACQUI  AUS/U US          691.6       618.5        0.8
AUTOZONE INC      AZO US         14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZ5 GR         14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZ5 TH         14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZOEUR EZ      14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZ5 GZ         14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZO AV         14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZ5 TE         14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZO* MM        14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZOEUR EU      14,137.9    (1,763.4)    (788.9)
AUTOZONE INC      AZ5 QT         14,137.9    (1,763.4)    (788.9)
AUTOZONE INC-BDR  AZOI34 BZ      14,137.9    (1,763.4)    (788.9)
AVID TECHNOLOGY   AVD GR            263.0      (134.6)      (1.7)
AVID TECHNOLOGY   AVID US           263.0      (134.6)      (1.7)
AVID TECHNOLOGY   AVD TH            263.0      (134.6)      (1.7)
AVID TECHNOLOGY   AVD GZ            263.0      (134.6)      (1.7)
AVIS BUD-CEDEAR   CAR AR         18,609.0      (316.0)    (322.0)
AVIS BUDGET GROU  CUCA GR        18,609.0      (316.0)    (322.0)
AVIS BUDGET GROU  CAR US         18,609.0      (316.0)    (322.0)
AVIS BUDGET GROU  CAR2EUR EZ     18,609.0      (316.0)    (322.0)
AVIS BUDGET GROU  CUCA TH        18,609.0      (316.0)    (322.0)
AVIS BUDGET GROU  CAR* MM        18,609.0      (316.0)    (322.0)
AVIS BUDGET GROU  CAR2EUR EU     18,609.0      (316.0)    (322.0)
AVIS BUDGET GROU  CUCA QT        18,609.0      (316.0)    (322.0)
AVIS BUDGET GROU  CUCA GZ        18,609.0      (316.0)    (322.0)
BABCOCK & WILCOX  BWEUR EU          582.4      (195.4)     123.7
BABCOCK & WILCOX  UBW1 GR           582.4      (195.4)     123.7
BABCOCK & WILCOX  BW US             582.4      (195.4)     123.7
BAUSCH HEALTH CO  BVF GR         30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  BHC US         30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  BHC CN         30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  BVF TH         30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  BVF GZ         30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  VRX1EUR EZ     30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  VRX1EUR EU     30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  BVF QT         30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  VRX SW         30,197.0      (124.0)     494.0
BAUSCH HEALTH CO  BHCN MM        30,197.0      (124.0)     494.0
BELLRING BRAND-A  BRBR US           639.3      (133.8)     108.7
BELLRING BRAND-A  BR6 TH            639.3      (133.8)     108.7
BELLRING BRAND-A  BR6 GR            639.3      (133.8)     108.7
BELLRING BRAND-A  BR6 GZ            639.3      (133.8)     108.7
BELLRING BRAND-A  BRBR1EUR EU       639.3      (133.8)     108.7
BIOCRYST PHARM    BCRX US           284.4       (75.0)     172.6
BIOCRYST PHARM    BO1 GR            284.4       (75.0)     172.6
BIOCRYST PHARM    BO1 TH            284.4       (75.0)     172.6
BIOCRYST PHARM    BO1 SW            284.4       (75.0)     172.6
BIOCRYST PHARM    BCRXEUR EZ        284.4       (75.0)     172.6
BIOCRYST PHARM    BCRXEUR EU        284.4       (75.0)     172.6
BIOCRYST PHARM    BO1 QT            284.4       (75.0)     172.6
BIOCRYST PHARM    BCRX* MM          284.4       (75.0)     172.6
BIOHAVEN PHARMAC  BHVNEUR EU      1,003.2      (218.2)     504.9
BIOHAVEN PHARMAC  2VN TH          1,003.2      (218.2)     504.9
BIOHAVEN PHARMAC  BHVN US         1,003.2      (218.2)     504.9
BIOHAVEN PHARMAC  2VN GR          1,003.2      (218.2)     504.9
BLACK ROCK PETRO  BKRP US             0.0        (0.0)       -
BLUE BIRD CORP    4RB GR            326.0       (52.6)     (11.5)
BLUE BIRD CORP    4RB GZ            326.0       (52.6)     (11.5)
BLUE BIRD CORP    BLBDEUR EU        326.0       (52.6)     (11.5)
BLUE BIRD CORP    BLBD US           326.0       (52.6)     (11.5)
BLUE BIRD CORP    4RB TH            326.0       (52.6)     (11.5)
BLUE BIRD CORP    4RB QT            326.0       (52.6)     (11.5)
BOEING CO-BDR     BOEI34 BZ     148,935.0   (16,485.0)  30,871.0
BOEING CO-CED     BAD AR        148,935.0   (16,485.0)  30,871.0
BOEING CO-CED     BA AR         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA US         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BCO GR        148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BAEUR EU      148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA EU         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BOE LN        148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BCO TH        148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA PE         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BOEI BB       148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA SW         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA* MM        148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA TE         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA-RM RM      148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA CI         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BAUSD SW      148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BCO GZ        148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA AV         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BAEUR EZ      148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BA EZ         148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BCO QT        148,935.0   (16,485.0)  30,871.0
BOEING CO/THE     BACL CI       148,935.0   (16,485.0)  30,871.0
BOEING CO/THE TR  TCXBOE AU     148,935.0   (16,485.0)  30,871.0
BOMBARDIER INC-B  BBDBN MM       14,940.0    (3,061.0)   1,779.0
BRIDGEBIO PHARMA  2CL GZ          1,093.3      (388.1)     850.4
BRIDGEBIO PHARMA  BBIOEUR EU      1,093.3      (388.1)     850.4
BRIDGEBIO PHARMA  2CL TH          1,093.3      (388.1)     850.4
BRIDGEBIO PHARMA  BBIO US         1,093.3      (388.1)     850.4
BRIDGEBIO PHARMA  2CL GR          1,093.3      (388.1)     850.4
BRIDGEMARQ REAL   BRE CN             88.3       (54.2)      10.0
BRINKER INTL      EAT US          2,309.0      (390.6)    (325.4)
BRINKER INTL      BKJ GR          2,309.0      (390.6)    (325.4)
BRINKER INTL      BKJ TH          2,309.0      (390.6)    (325.4)
BRINKER INTL      BKJ QT          2,309.0      (390.6)    (325.4)
BRINKER INTL      EAT2EUR EU      2,309.0      (390.6)    (325.4)
BRINKER INTL      EAT2EUR EZ      2,309.0      (390.6)    (325.4)
BROOKFIELD INF-A  BIPC US         9,344.0      (572.0)  (2,174.0)
BROOKFIELD INF-A  BIPC CN         9,344.0      (572.0)  (2,174.0)
BROOKLYN IMMUNOT  BTX US             20.7        (4.4)       4.8
BRP INC/CA-SUB V  B15A GR         4,429.6      (250.5)     379.5
BRP INC/CA-SUB V  DOOO US         4,429.6      (250.5)     379.5
BRP INC/CA-SUB V  DOO CN          4,429.6      (250.5)     379.5
BRP INC/CA-SUB V  DOOEUR EU       4,429.6      (250.5)     379.5
BRP INC/CA-SUB V  B15A GZ         4,429.6      (250.5)     379.5
BRP INC/CA-SUB V  B15A TH         4,429.6      (250.5)     379.5
CADIZ INC         CDZI US            89.5       (13.1)      17.2
CADIZ INC         CDZIEUR EU         89.5       (13.1)      17.2
CADIZ INC         2ZC GR             89.5       (13.1)      17.2
CALUMET SPECIALT  CLMT US         1,868.0      (273.5)    (229.1)
CEDAR FAIR LP     FUN US          2,627.7      (780.6)     146.4
CENGAGE LEARNING  CNGO US         2,743.4      (212.3)     117.2
CENTESSA PHARMAC  CNTA US             5.3        (3.2)      (3.5)
CENTESSA PHARMAC  260 GR              5.3        (3.2)      (3.5)
CENTESSA PHARMAC  CNTA1EUR EU         5.3        (3.2)      (3.5)
CENTESSA PHARMAC  260 TH              5.3        (3.2)      (3.5)
CENTESSA PHARMAC  260 QT              5.3        (3.2)      (3.5)
CENTRUS ENERGY-A  4CU TH            483.7      (284.8)      67.2
CENTRUS ENERGY-A  4CU GR            483.7      (284.8)      67.2
CENTRUS ENERGY-A  LEU US            483.7      (284.8)      67.2
CENTRUS ENERGY-A  LEUEUR EU         483.7      (284.8)      67.2
CEREVEL THERAPEU  CERE US           408.1       340.0      315.7
CINCINNATI BELL   CBB US          2,600.4      (183.2)    (154.4)
CINCINNATI BELL   CIB1 GR         2,600.4      (183.2)    (154.4)
CINCINNATI BELL   CBBEUR EU       2,600.4      (183.2)    (154.4)
CINEPLEX INC      CX0 GR          2,246.7       (65.3)    (269.2)
CINEPLEX INC      CPXGF US        2,246.7       (65.3)    (269.2)
CINEPLEX INC      CGX CN          2,246.7       (65.3)    (269.2)
CINEPLEX INC      CX0 TH          2,246.7       (65.3)    (269.2)
CINEPLEX INC      CGXEUR EU       2,246.7       (65.3)    (269.2)
CINEPLEX INC      CGXN MM         2,246.7       (65.3)    (269.2)
CINEPLEX INC      CX0 GZ          2,246.7       (65.3)    (269.2)
CLOVIS ONCOLOGY   C6O GR            548.8      (221.0)      79.3
CLOVIS ONCOLOGY   CLVS US           548.8      (221.0)      79.3
CLOVIS ONCOLOGY   C6O QT            548.8      (221.0)      79.3
CLOVIS ONCOLOGY   CLVSEUR EZ        548.8      (221.0)      79.3
CLOVIS ONCOLOGY   C6O TH            548.8      (221.0)      79.3
CLOVIS ONCOLOGY   CLVSEUR EU        548.8      (221.0)      79.3
CLOVIS ONCOLOGY   C6O GZ            548.8      (221.0)      79.3
CM LIFE SCIENC-A  CMLT US             0.4        (0.0)      (0.4)
CM LIFE SCIENCES  CMLTU US            0.4        (0.0)      (0.4)
COGENT COMMUNICA  CCOI US           853.0      (307.6)    (106.4)
COGENT COMMUNICA  OGM1 GR           853.0      (307.6)    (106.4)
COGENT COMMUNICA  CCOIEUR EU        853.0      (307.6)    (106.4)
COGENT COMMUNICA  CCOI* MM          853.0      (307.6)    (106.4)
COMMUNITY HEALTH  CYH US         15,528.0    (1,118.0)   1,184.0
COMMUNITY HEALTH  CG5 GR         15,528.0    (1,118.0)   1,184.0
COMMUNITY HEALTH  CG5 QT         15,528.0    (1,118.0)   1,184.0
COMMUNITY HEALTH  CYH1EUR EU     15,528.0    (1,118.0)   1,184.0
COMMUNITY HEALTH  CYH1EUR EZ     15,528.0    (1,118.0)   1,184.0
COMMUNITY HEALTH  CG5 TH         15,528.0    (1,118.0)   1,184.0
COMMUNITY HEALTH  CG5 GZ         15,528.0    (1,118.0)   1,184.0
COUCHBASE INC     BASE US             -           -          -
COUCHBASE INC     1V3 GZ              -           -          -
COUCHBASE INC     1V3 GR              -           -          -
COUCHBASE INC     BASEEUR EU          -           -          -
CPI CARD GROUP I  PMTS US           246.3      (135.6)      87.5
CPI CARD GROUP I  PMTS CN           246.3      (135.6)      87.5
CUSTOM TRUCK ONE  CTOS US           750.2       (68.7)      39.3
DA32 LIFE SCIE-A  DALS US             0.5        (0.0)      (0.3)
DELEK LOGISTICS   DKL US            948.9      (111.4)      (4.7)
DENNY'S CORP      DENN US           422.9      (102.1)     (22.1)
DENNY'S CORP      DE8 TH            422.9      (102.1)     (22.1)
DENNY'S CORP      DENNEUR EU        422.9      (102.1)     (22.1)
DENNY'S CORP      DE8 GR            422.9      (102.1)     (22.1)
DIALOGUE HEALTH   CARE CN             -           -          -
DIEBOLD NIXDORF   DBD SW          3,535.1      (842.6)     225.0
DIEBOLD NIXDORF   DBD GR          3,535.1      (842.6)     225.0
DIEBOLD NIXDORF   DBD US          3,535.1      (842.6)     225.0
DIEBOLD NIXDORF   DBDEUR EU       3,535.1      (842.6)     225.0
DIEBOLD NIXDORF   DBDEUR EZ       3,535.1      (842.6)     225.0
DIEBOLD NIXDORF   DBD TH          3,535.1      (842.6)     225.0
DIEBOLD NIXDORF   DBD QT          3,535.1      (842.6)     225.0
DIEBOLD NIXDORF   DBD GZ          3,535.1      (842.6)     225.0
DIGITAL MEDIA-A   DMS US            220.0       (79.5)      18.7
DINE BRANDS GLOB  IHP TH          1,856.3      (317.4)      50.6
DINE BRANDS GLOB  DIN US          1,856.3      (317.4)      50.6
DINE BRANDS GLOB  IHP GR          1,856.3      (317.4)      50.6
DINE BRANDS GLOB  IHP GZ          1,856.3      (317.4)      50.6
DOMINO'S PIZZA    EZV GR          1,721.8    (4,140.6)     426.5
DOMINO'S PIZZA    DPZ US          1,721.8    (4,140.6)     426.5
DOMINO'S PIZZA    EZV TH          1,721.8    (4,140.6)     426.5
DOMINO'S PIZZA    DPZEUR EU       1,721.8    (4,140.6)     426.5
DOMINO'S PIZZA    EZV GZ          1,721.8    (4,140.6)     426.5
DOMINO'S PIZZA    DPZEUR EZ       1,721.8    (4,140.6)     426.5
DOMINO'S PIZZA    DPZ AV          1,721.8    (4,140.6)     426.5
DOMINO'S PIZZA    DPZ* MM         1,721.8    (4,140.6)     426.5
DOMINO'S PIZZA    EZV QT          1,721.8    (4,140.6)     426.5
DOMO INC- CL B    1ON GR            192.4       (92.9)     (30.5)
DOMO INC- CL B    1ON GZ            192.4       (92.9)     (30.5)
DOMO INC- CL B    DOMOEUR EU        192.4       (92.9)     (30.5)
DOMO INC- CL B    1ON TH            192.4       (92.9)     (30.5)
DOMO INC- CL B    DOMO US           192.4       (92.9)     (30.5)
DROPBOX INC-A     DBX US          3,307.3       (83.0)     959.1
DROPBOX INC-A     1Q5 GR          3,307.3       (83.0)     959.1
DROPBOX INC-A     1Q5 SW          3,307.3       (83.0)     959.1
DROPBOX INC-A     1Q5 TH          3,307.3       (83.0)     959.1
DROPBOX INC-A     DBXEUR EU       3,307.3       (83.0)     959.1
DROPBOX INC-A     1Q5 QT          3,307.3       (83.0)     959.1
DROPBOX INC-A     DBX AV          3,307.3       (83.0)     959.1
DROPBOX INC-A     DBXEUR EZ       3,307.3       (83.0)     959.1
DROPBOX INC-A     DBX* MM         3,307.3       (83.0)     959.1
DROPBOX INC-A     1Q5 GZ          3,307.3       (83.0)     959.1
DYE & DURHAM LTD  DND CN          1,523.4       743.6      499.8
DYE & DURHAM LTD  DYNDF US        1,523.4       743.6      499.8
ESPERION THERAPE  ESPR US           278.6      (269.4)     174.7
ESPERION THERAPE  ESPREUR EZ        278.6      (269.4)     174.7
ESPERION THERAPE  0ET TH            278.6      (269.4)     174.7
ESPERION THERAPE  ESPREUR EU        278.6      (269.4)     174.7
ESPERION THERAPE  0ET QT            278.6      (269.4)     174.7
ESPERION THERAPE  0ET GR            278.6      (269.4)     174.7
ESPERION THERAPE  0ET GZ            278.6      (269.4)     174.7
EXPRESS INC       02Z TH          1,406.7       (35.7)     (70.1)
EXPRESS INC       EXPR US         1,406.7       (35.7)     (70.1)
EXPRESS INC       02Z GR          1,406.7       (35.7)     (70.1)
EXPRESS INC       02Z QT          1,406.7       (35.7)     (70.1)
EXPRESS INC       EXPREUR EU      1,406.7       (35.7)     (70.1)
EXPRESS INC       02Z GZ          1,406.7       (35.7)     (70.1)
F45 TRAINING HOL  FXLV US            84.8      (278.4)      10.4
F45 TRAINING HOL  4OP GR             84.8      (278.4)      10.4
F45 TRAINING HOL  FXLVEUR EU         84.8      (278.4)      10.4
F45 TRAINING HOL  4OP TH             84.8      (278.4)      10.4
F45 TRAINING HOL  4OP GZ             84.8      (278.4)      10.4
F45 TRAINING HOL  4OP QT             84.8      (278.4)      10.4
FARMERS EDGE INC  FDGE CN           194.0       150.0      101.2
FARMERS EDGE INC  8QI GR            194.0       150.0      101.2
FARMERS EDGE INC  FDGEEUR EU        194.0       150.0      101.2
FARMERS EDGE INC  FMEGF US          194.0       150.0      101.2
FAT BRANDS INC    FAT US            118.1       (45.6)     (54.2)
FERRELLGAS PAR-B  FGPRB US        1,644.7      (189.4)     276.0
FERRELLGAS-LP     FGPR US         1,644.7      (189.4)     276.0
FLEXION THERAPEU  F02 TH            230.4       (38.9)     146.6
FLEXION THERAPEU  FLXNEUR EU        230.4       (38.9)     146.6
FLEXION THERAPEU  F02 QT            230.4       (38.9)     146.6
FLEXION THERAPEU  FLXN US           230.4       (38.9)     146.6
FLEXION THERAPEU  F02 GR            230.4       (38.9)     146.6
FRONTDOOR INC     FTDR US         1,355.0       (46.0)     133.0
FRONTDOOR INC     3I5 GR          1,355.0       (46.0)     133.0
FRONTDOOR INC     FTDREUR EU      1,355.0       (46.0)     133.0
FRONTIER COMMUNI  FYBR US        16,960.0    (4,830.0)  (4,304.0)
GALERA THERAPEUT  GRTX US            70.5       (10.6)      48.4
GLOBAL CLEAN ENE  GCEH US           234.4       (36.4)     (13.8)
GODADDY INC-A     38D TH          7,259.3       (71.0)    (503.3)
GODADDY INC-A     GDDYEUR EZ      7,259.3       (71.0)    (503.3)
GODADDY INC-A     38D QT          7,259.3       (71.0)    (503.3)
GODADDY INC-A     GDDY* MM        7,259.3       (71.0)    (503.3)
GODADDY INC-A     38D GR          7,259.3       (71.0)    (503.3)
GODADDY INC-A     GDDY US         7,259.3       (71.0)    (503.3)
GODADDY INC-A     38D GZ          7,259.3       (71.0)    (503.3)
GOGO INC          GOGO US           687.7      (631.5)     420.4
GOGO INC          G0G GR            687.7      (631.5)     420.4
GOGO INC          G0G SW            687.7      (631.5)     420.4
GOGO INC          G0G TH            687.7      (631.5)     420.4
GOGO INC          GOGOEUR EU        687.7      (631.5)     420.4
GOGO INC          GOGOEUR EZ        687.7      (631.5)     420.4
GOGO INC          G0G QT            687.7      (631.5)     420.4
GOGO INC          G0G GZ            687.7      (631.5)     420.4
GOLDEN NUGGET ON  GNOG US           281.6       (21.1)     131.6
GOLDEN NUGGET ON  5ZU GR            281.6       (21.1)     131.6
GOLDEN NUGGET ON  LCA2EUR EU        281.6       (21.1)     131.6
GOLDEN NUGGET ON  5ZU TH            281.6       (21.1)     131.6
GOOSEHEAD INSU-A  GSHD US           238.0       (27.5)      28.7
GOOSEHEAD INSU-A  2OX GR            238.0       (27.5)      28.7
GOOSEHEAD INSU-A  GSHDEUR EU        238.0       (27.5)      28.7
GOOSEHEAD INSU-A  2OX TH            238.0       (27.5)      28.7
GOOSEHEAD INSU-A  2OX QT            238.0       (27.5)      28.7
GORES HOLD VII-A  GSEV US           552.9       521.2       (9.6)
GORES HOLDINGS V  GSEVU US          552.9       521.2       (9.6)
GORES METROPOU-A  GMII US           452.1       (36.7)     (21.0)
GORES METROPOULO  GMIIU US          452.1       (36.7)     (21.0)
GORES TECH-B      GTPB US           461.7       431.2      (12.7)
GORES TECHNOLOGY  GTPBU US          461.7       431.2      (12.7)
GRAF ACQUISITION  GFOR/U US           0.3        (0.0)      (0.0)
GRAF ACQUISITION  GFOR US             0.3        (0.0)      (0.0)
GRAFTECH INTERNA  EAF US          1,378.1      (233.8)     380.2
GRAFTECH INTERNA  G6G TH          1,378.1      (233.8)     380.2
GRAFTECH INTERNA  G6G GR          1,378.1      (233.8)     380.2
GRAFTECH INTERNA  EAFEUR EU       1,378.1      (233.8)     380.2
GRAFTECH INTERNA  G6G QT          1,378.1      (233.8)     380.2
GRAFTECH INTERNA  EAFEUR EZ       1,378.1      (233.8)     380.2
GRAFTECH INTERNA  G6G GZ          1,378.1      (233.8)     380.2
GRAFTECH INTERNA  EAF* MM         1,378.1      (233.8)     380.2
GRAPHITE BIO INC  GRPH US           182.9       176.5      173.9
GREEN IMPACT PAR  GIP CN              0.5        (0.0)      (0.1)
GREEN IMPACT PAR  GIPIF US            0.5        (0.0)      (0.1)
GREEN PLAINS PAR  GPP US            104.6       (11.5)     (65.7)
GREENBROOK TMS    GTMS CN            56.1        (2.1)      (2.2)
GREENBROOK TMS    GBNH US            56.1        (2.1)      (2.2)
GREENSKY INC-A    GSKY US         1,311.0      (118.5)     610.3
GULFPORT ENERGY   GPOR US         2,627.6      (287.7)    (137.1)
GULFPORT ENERGY   G2U0 GR         2,627.6      (287.7)    (137.1)
HERBALIFE NUTRIT  HOO GR          2,666.8    (1,362.3)     319.7
HERBALIFE NUTRIT  HLF US          2,666.8    (1,362.3)     319.7
HERBALIFE NUTRIT  HOO TH          2,666.8    (1,362.3)     319.7
HERBALIFE NUTRIT  HOO GZ          2,666.8    (1,362.3)     319.7
HERBALIFE NUTRIT  HLFEUR EZ       2,666.8    (1,362.3)     319.7
HERBALIFE NUTRIT  HLFEUR EU       2,666.8    (1,362.3)     319.7
HERBALIFE NUTRIT  HOO QT          2,666.8    (1,362.3)     319.7
HEWLETT-CEDEAR    HPQ AR         34,549.0    (3,360.0)  (7,938.0)
HEWLETT-CEDEAR    HPQD AR        34,549.0    (3,360.0)  (7,938.0)
HEWLETT-CEDEAR    HPQC AR        34,549.0    (3,360.0)  (7,938.0)
HILTON WORLD-BDR  H1LT34 BZ      15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HLT US         15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HLT* MM        15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HLTEUR EU      15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HLTEUR EZ      15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HLTW AV        15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HI91 TE        15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HI91 QT        15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HI91 GR        15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HI91 TH        15,090.0    (1,416.0)    (400.0)
HILTON WORLDWIDE  HI91 GZ        15,090.0    (1,416.0)    (400.0)
HORIZON GLOBAL    HZN US            468.2       (24.3)      89.0
HORIZON GLOBAL    2H6 GR            468.2       (24.3)      89.0
HORIZON GLOBAL    HZN1EUR EU        468.2       (24.3)      89.0
HORIZON GLOBAL    2H6 GZ            468.2       (24.3)      89.0
HP COMPANY-BDR    HPQB34 BZ      34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQ TE         34,549.0    (3,360.0)  (7,938.0)
HP INC            7HP GR         34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQ US         34,549.0    (3,360.0)  (7,938.0)
HP INC            7HP TH         34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQ* MM        34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQ CI         34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQUSD SW      34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQEUR EU      34,549.0    (3,360.0)  (7,938.0)
HP INC            7HP GZ         34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQEUR EZ      34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQ AV         34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQ SW         34,549.0    (3,360.0)  (7,938.0)
HP INC            7HP QT         34,549.0    (3,360.0)  (7,938.0)
HP INC            HPQ-RM RM      34,549.0    (3,360.0)  (7,938.0)
HYRECAR INC       8HY GR             28.8        19.7       19.8
HYRECAR INC       HYRE US            28.8        19.7       19.8
HYRECAR INC       HYREEUR EZ         28.8        19.7       19.8
HYRECAR INC       8HY TH             28.8        19.7       19.8
HYRECAR INC       8HY QT             28.8        19.7       19.8
HYRECAR INC       8HY GZ             28.8        19.7       19.8
IMMUNITYBIO INC   NK1EUR EU         209.4      (185.3)      19.7
IMMUNITYBIO INC   26CA GZ           209.4      (185.3)      19.7
IMMUNITYBIO INC   NK1EUR EZ         209.4      (185.3)      19.7
IMMUNITYBIO INC   IBRX US           209.4      (185.3)      19.7
IMMUNITYBIO INC   26CA GR           209.4      (185.3)      19.7
IMMUNITYBIO INC   26CA TH           209.4      (185.3)      19.7
IMMUNITYBIO INC   26CA QT           209.4      (185.3)      19.7
INFRASTRUCTURE A  IEA US            798.3       (91.7)      81.3
INFRASTRUCTURE A  IEAEUR EU         798.3       (91.7)      81.3
INFRASTRUCTURE A  5YF GR            798.3       (91.7)      81.3
INFRASTRUCTURE A  5YF TH            798.3       (91.7)      81.3
INFRASTRUCTURE A  5YF QT            798.3       (91.7)      81.3
INSEEGO CORP      INO QT            251.4        (1.5)      77.7
INSEEGO CORP      INO TH            251.4        (1.5)      77.7
INSEEGO CORP      INSG US           251.4        (1.5)      77.7
INSEEGO CORP      INO GR            251.4        (1.5)      77.7
INSEEGO CORP      INSGEUR EU        251.4        (1.5)      77.7
INSEEGO CORP      INSGEUR EZ        251.4        (1.5)      77.7
INSEEGO CORP      INO GZ            251.4        (1.5)      77.7
INSPIRED ENTERTA  4U8 GR            301.0      (112.4)       1.4
INSPIRED ENTERTA  INSEEUR EU        301.0      (112.4)       1.4
INSPIRED ENTERTA  INSE US           301.0      (112.4)       1.4
INSTADOSE PHARMA  INSD US             0.0        (0.1)      (0.1)
INTERCEPT PHARMA  ICPT US           523.2      (203.2)     347.8
INTERCEPT PHARMA  I4P GR            523.2      (203.2)     347.8
INTERCEPT PHARMA  ICPT* MM          523.2      (203.2)     347.8
INTERCEPT PHARMA  I4P TH            523.2      (203.2)     347.8
INTERCEPT PHARMA  I4P GZ            523.2      (203.2)     347.8
IWEB INC          IWBB US             0.6        (0.7)      (1.1)
J. JILL INC       JILL US           489.4      (115.0)     (30.0)
J. JILL INC       1MJ1 GR           489.4      (115.0)     (30.0)
J. JILL INC       JILLEUR EU        489.4      (115.0)     (30.0)
J. JILL INC       1MJ1 GZ           489.4      (115.0)     (30.0)
JACK IN THE BOX   JBX GR          1,790.8      (780.6)     (90.4)
JACK IN THE BOX   JACK US         1,790.8      (780.6)     (90.4)
JACK IN THE BOX   JBX GZ          1,790.8      (780.6)     (90.4)
JACK IN THE BOX   JBX QT          1,790.8      (780.6)     (90.4)
JACK IN THE BOX   JACK1EUR EZ     1,790.8      (780.6)     (90.4)
JACK IN THE BOX   JACK1EUR EU     1,790.8      (780.6)     (90.4)
JAWS JUGGERNAUT   JUGGU US            7.1        (0.0)       6.1
JOSEMARIA RESOUR  NGQSEK EZ          15.0       (18.6)     (31.2)
JOSEMARIA RESOUR  JOSES I2           15.0       (18.6)     (31.2)
JOSEMARIA RESOUR  JOSE SS            15.0       (18.6)     (31.2)
JOSEMARIA RESOUR  NGQSEK EU          15.0       (18.6)     (31.2)
JOSEMARIA RESOUR  JOSES EB           15.0       (18.6)     (31.2)
JOSEMARIA RESOUR  JOSES IX           15.0       (18.6)     (31.2)
KALTURA INC       KLTR US            91.0      (100.5)     (29.5)
KARYOPHARM THERA  KPTI US           274.9       (39.6)     193.5
KARYOPHARM THERA  25K SW            274.9       (39.6)     193.5
KARYOPHARM THERA  25K QT            274.9       (39.6)     193.5
KARYOPHARM THERA  25K TH            274.9       (39.6)     193.5
KARYOPHARM THERA  25K GZ            274.9       (39.6)     193.5
KARYOPHARM THERA  25K GR            274.9       (39.6)     193.5
KARYOPHARM THERA  KPTIEUR EU        274.9       (39.6)     193.5
KITS EYECARE LTD  KITS CN            93.1        62.9       34.2
KL ACQUISI-CLS A  KLAQ US           289.1       269.2        1.3
KL ACQUISITION C  KLAQU US          289.1       269.2        1.3
KNOWBE4 INC-A     KNBE US           268.6        24.7       (0.1)
L BRANDS INC      LTD GR         10,546.0      (533.0)   1,932.0
L BRANDS INC      LB US          10,546.0      (533.0)   1,932.0
L BRANDS INC      LTD TH         10,546.0      (533.0)   1,932.0
L BRANDS INC      LBEUR EZ       10,546.0      (533.0)   1,932.0
L BRANDS INC      LTD QT         10,546.0      (533.0)   1,932.0
L BRANDS INC      LBRA AV        10,546.0      (533.0)   1,932.0
L BRANDS INC      LBEUR EU       10,546.0      (533.0)   1,932.0
L BRANDS INC      LB* MM         10,546.0      (533.0)   1,932.0
L BRANDS INC      LTD GZ         10,546.0      (533.0)   1,932.0
L BRANDS INC-BDR  LBRN34 BZ      10,546.0      (533.0)   1,932.0
L BRANDS INC-W/I  BBWI-W US      10,546.0      (533.0)   1,932.0
LAREDO PETROLEUM  8LP1 GR         1,474.9       (68.6)    (154.2)
LAREDO PETROLEUM  LPI US          1,474.9       (68.6)    (154.2)
LAREDO PETROLEUM  LPI1EUR EZ      1,474.9       (68.6)    (154.2)
LAREDO PETROLEUM  LPI1EUR EU      1,474.9       (68.6)    (154.2)
LAREDO PETROLEUM  8LP1 QT         1,474.9       (68.6)    (154.2)
LDH GROWTH C-A    LDHA US           233.2       215.2        2.6
LDH GROWTH CORP   LDHAU US          233.2       215.2        2.6
LEE ENTERPRISES   LEE US            835.1       (12.8)     (39.5)
LEGALZOOMCOM INC  LZ US             284.8      (482.7)     (76.5)
LEGALZOOMCOM INC  1LZ GR            284.8      (482.7)     (76.5)
LEGALZOOMCOM INC  LZEUR EU          284.8      (482.7)     (76.5)
LEGALZOOMCOM INC  1LZ GZ            284.8      (482.7)     (76.5)
LEGALZOOMCOM INC  1LZ TH            284.8      (482.7)     (76.5)
LEGALZOOMCOM INC  1LZ QT            284.8      (482.7)     (76.5)
LENNOX INTL INC   LII US          2,204.7      (213.3)     202.6
LENNOX INTL INC   LII* MM         2,204.7      (213.3)     202.6
LENNOX INTL INC   LXI TH          2,204.7      (213.3)     202.6
LENNOX INTL INC   LXI GR          2,204.7      (213.3)     202.6
LENNOX INTL INC   LII1EUR EU      2,204.7      (213.3)     202.6
LESLIE'S INC      LESL US           858.9      (391.0)     140.9
LESLIE'S INC      LE3 GR            858.9      (391.0)     140.9
LESLIE'S INC      LESLEUR EU        858.9      (391.0)     140.9
LESLIE'S INC      LE3 TH            858.9      (391.0)     140.9
LESLIE'S INC      LE3 QT            858.9      (391.0)     140.9
LEXICON PHARMACE  LXRX US           171.7    (1,439.0)     106.8
LEXICON PHARMACE  LX31 GZ           171.7    (1,439.0)     106.8
LEXICON PHARMACE  LXRXEUR EU        171.7    (1,439.0)     106.8
LIFESPEAK INC     LSPK CN            12.5       (31.2)      (5.2)
LION ELECTRIC CO  LEV US              -           -          -
LION ELECTRIC CO  LEV CN              -           -          -
LIVE NATION ENTE  3LN GR         10,919.6      (129.7)     280.4
LIVE NATION ENTE  3LN QT         10,919.6      (129.7)     280.4
LIVE NATION ENTE  LYVEUR EU      10,919.6      (129.7)     280.4
LIVE NATION ENTE  3LN TH         10,919.6      (129.7)     280.4
LIVE NATION ENTE  LYV US         10,919.6      (129.7)     280.4
LIVE NATION ENTE  LYV* MM        10,919.6      (129.7)     280.4
LIVE NATION ENTE  LYVEUR EZ      10,919.6      (129.7)     280.4
LIVE NATION ENTE  3LN GZ         10,919.6      (129.7)     280.4
LIVE NATION-BDR   L1YV34 BZ      10,919.6      (129.7)     280.4
MADISON SQUARE G  MSG1EUR EU      1,304.4      (255.3)    (146.2)
MADISON SQUARE G  MS8 GR          1,304.4      (255.3)    (146.2)
MADISON SQUARE G  MSGS US         1,304.4      (255.3)    (146.2)
MADISON SQUARE G  MS8 TH          1,304.4      (255.3)    (146.2)
MADISON SQUARE G  MS8 QT          1,304.4      (255.3)    (146.2)
MADISON SQUARE G  MS8 GZ          1,304.4      (255.3)    (146.2)
MAGNET FORENSICS  MAGT CN            41.2        (6.9)      (5.2)
MANNKIND CORP     NNFN TH           319.4      (173.6)     215.2
MANNKIND CORP     MNKD US           319.4      (173.6)     215.2
MANNKIND CORP     NNFN GR           319.4      (173.6)     215.2
MANNKIND CORP     MNKDEUR EZ        319.4      (173.6)     215.2
MANNKIND CORP     MNKDEUR EU        319.4      (173.6)     215.2
MANNKIND CORP     NNFN QT           319.4      (173.6)     215.2
MANNKIND CORP     NNFN GZ           319.4      (173.6)     215.2
MATCH GROUP -BDR  M1TC34 BZ       3,214.7    (1,212.5)     734.3
MATCH GROUP INC   MTCH US         3,214.7    (1,212.5)     734.3
MATCH GROUP INC   MTCH1* MM       3,214.7    (1,212.5)     734.3
MATCH GROUP INC   4MGN TH         3,214.7    (1,212.5)     734.3
MATCH GROUP INC   4MGN QT         3,214.7    (1,212.5)     734.3
MATCH GROUP INC   4MGN GR         3,214.7    (1,212.5)     734.3
MATCH GROUP INC   MTC2 AV         3,214.7    (1,212.5)     734.3
MATCH GROUP INC   4MGN SW         3,214.7    (1,212.5)     734.3
MATCH GROUP INC   4MGN GZ         3,214.7    (1,212.5)     734.3
MBIA INC          MBJ TH          5,375.0       (28.0)       -
MBIA INC          MBI US          5,375.0       (28.0)       -
MBIA INC          MBJ GR          5,375.0       (28.0)       -
MBIA INC          MBI1EUR EU      5,375.0       (28.0)       -
MBIA INC          MBJ QT          5,375.0       (28.0)       -
MBIA INC          MBJ GZ          5,375.0       (28.0)       -
MCAFEE CORP - A   MCFE US         5,362.0    (1,783.0)  (1,457.0)
MCAFEE CORP - A   MC7 GR          5,362.0    (1,783.0)  (1,457.0)
MCAFEE CORP - A   MCFEEUR EU      5,362.0    (1,783.0)  (1,457.0)
MCAFEE CORP - A   MC7 TH          5,362.0    (1,783.0)  (1,457.0)
MCDONALD'S CORP   TCXMCD AU      51,103.1    (7,235.5)     888.1
MCDONALDS - BDR   MCDC34 BZ      51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MDO TH         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCD US         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCD SW         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MDO GR         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCD* MM        51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCD TE         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCD CI         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCDUSD SW      51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCDEUR EU      51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MDO GZ         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCD AV         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCDEUR EZ      51,103.1    (7,235.5)     888.1
MCDONALDS CORP    0R16 LN        51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MDO QT         51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCD-RM RM      51,103.1    (7,235.5)     888.1
MCDONALDS CORP    MCDCL CI       51,103.1    (7,235.5)     888.1
MCDONALDS-CEDEAR  MCD AR         51,103.1    (7,235.5)     888.1
MCDONALDS-CEDEAR  MCDC AR        51,103.1    (7,235.5)     888.1
MCDONALDS-CEDEAR  MCDD AR        51,103.1    (7,235.5)     888.1
MDC PARTNERS-A    MDCA US         1,560.7      (380.2)    (170.4)
MDC PARTNERS-A    MD7A GR         1,560.7      (380.2)    (170.4)
MDC PARTNERS-A    MDCAEUR EU      1,560.7      (380.2)    (170.4)
MEDIAALPHA INC-A  MAX US            241.7       (89.4)      30.4
METAMATERIAL EXC  MMAX CN            15.0        (1.6)       2.6
MIROMATRIX MEDIC  MIRO US             5.4        (4.6)      (3.5)
MONEYGRAM INTERN  9M1N GR         4,473.0      (168.2)     (18.4)
MONEYGRAM INTERN  MGI US          4,473.0      (168.2)     (18.4)
MONEYGRAM INTERN  9M1N TH         4,473.0      (168.2)     (18.4)
MONEYGRAM INTERN  MGIEUR EU       4,473.0      (168.2)     (18.4)
MONEYGRAM INTERN  9M1N QT         4,473.0      (168.2)     (18.4)
MONGODB INC       526 GZ          1,377.6      (268.4)     767.3
MONGODB INC       MDB US          1,377.6      (268.4)     767.3
MONGODB INC       MDBEUR EU       1,377.6      (268.4)     767.3
MONGODB INC       526 QT          1,377.6      (268.4)     767.3
MONGODB INC       526 GR          1,377.6      (268.4)     767.3
MONGODB INC       526 TH          1,377.6      (268.4)     767.3
MONGODB INC       MDBEUR EZ       1,377.6      (268.4)     767.3
MONGODB INC       MDB* MM         1,377.6      (268.4)     767.3
MONGODB INC- BDR  M1DB34 BZ       1,377.6      (268.4)     767.3
MOTOROLA SOL-BDR  M1SI34 BZ      10,423.0      (478.0)     847.0
MOTOROLA SOL-CED  MSI AR         10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MOT TE         10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MSI US         10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MTLA TH        10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MTLA GR        10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MSI1EUR EU     10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MTLA GZ        10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MSI1EUR EZ     10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MOSI AV        10,423.0      (478.0)     847.0
MOTOROLA SOLUTIO  MTLA QT        10,423.0      (478.0)     847.0
MSCI INC          3HM GR          4,791.1      (367.8)   1,607.9
MSCI INC          MSCI US         4,791.1      (367.8)   1,607.9
MSCI INC          3HM SW          4,791.1      (367.8)   1,607.9
MSCI INC          3HM GZ          4,791.1      (367.8)   1,607.9
MSCI INC          3HM QT          4,791.1      (367.8)   1,607.9
MSCI INC          MSCIEUR EZ      4,791.1      (367.8)   1,607.9
MSCI INC          MSCI* MM        4,791.1      (367.8)   1,607.9
MSCI INC          3HM TH          4,791.1      (367.8)   1,607.9
MSCI INC          MSCI AV         4,791.1      (367.8)   1,607.9
MSCI INC-BDR      M1SC34 BZ       4,791.1      (367.8)   1,607.9
MSG NETWORKS- A   MSGN US           971.8      (418.9)     358.2
MSG NETWORKS- A   MSGNEUR EU        971.8      (418.9)     358.2
MSG NETWORKS- A   1M4 QT            971.8      (418.9)     358.2
MSG NETWORKS- A   1M4 TH            971.8      (418.9)     358.2
MSG NETWORKS- A   1M4 GR            971.8      (418.9)     358.2
N/A               HYREEUR EU         28.8        19.7       19.8
NATHANS FAMOUS    NATH US           108.8       (62.5)      80.1
NATHANS FAMOUS    NFA GR            108.8       (62.5)      80.1
NATHANS FAMOUS    NATHEUR EU        108.8       (62.5)      80.1
NATIONAL CINEMED  NCMI US           895.0      (299.3)     165.8
NEIGHBOURLY PHAR  NBLY CN           532.3      (239.2)    (359.1)
NEUROPACE INC     NPCE US            50.3       (15.0)      36.3
NEW ENG RLTY-LP   NEN US            290.1       (42.9)       -
NEXIMMUNE INC     NEXI US           126.6       120.5      116.9
NEXIMMUNE INC     737 GR            126.6       120.5      116.9
NEXIMMUNE INC     737 TH            126.6       120.5      116.9
NEXIMMUNE INC     NEXI1EUR EU       126.6       120.5      116.9
NEXIMMUNE INC     737 GZ            126.6       120.5      116.9
NOBLE CORP        NE US           1,694.9     1,002.6      151.6
NOBLE ROCK ACQ-A  NRAC US           243.6       218.7        1.9
NOBLE ROCK ACQUI  NRACU US          243.6       218.7        1.9
NORTHERN OIL AND  4LT1 GR           873.2      (180.7)     (53.5)
NORTHERN OIL AND  NOG US            873.2      (180.7)     (53.5)
NORTHERN OIL AND  NOG1EUR EU        873.2      (180.7)     (53.5)
NORTHERN OIL AND  4LT1 TH           873.2      (180.7)     (53.5)
NORTHERN OIL AND  4LT1 GZ           873.2      (180.7)     (53.5)
NORTONLIFEL- BDR  S1YM34 BZ       6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  NLOK US         6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  SYM TH          6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  SYM GR          6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  SYMC TE         6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  SYMC AV         6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  NLOK* MM        6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  SYMCEUR EU      6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  SYM GZ          6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  SYMCEUR EZ      6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  SYM QT          6,565.0      (497.0)    (435.0)
NORTONLIFELOCK I  NLOK-RM RM      6,565.0      (497.0)    (435.0)
NUTANIX INC - A   0NU GZ          2,265.6      (746.8)     705.5
NUTANIX INC - A   0NU GR          2,265.6      (746.8)     705.5
NUTANIX INC - A   NTNXEUR EU      2,265.6      (746.8)     705.5
NUTANIX INC - A   0NU TH          2,265.6      (746.8)     705.5
NUTANIX INC - A   0NU QT          2,265.6      (746.8)     705.5
NUTANIX INC - A   NTNXEUR EZ      2,265.6      (746.8)     705.5
NUTANIX INC - A   NTNX US         2,265.6      (746.8)     705.5
OMEROS CORP       OMER US           161.4      (222.0)      89.0
OMEROS CORP       3O8 GR            161.4      (222.0)      89.0
OMEROS CORP       3O8 QT            161.4      (222.0)      89.0
OMEROS CORP       3O8 TH            161.4      (222.0)      89.0
OMEROS CORP       OMEREUR EU        161.4      (222.0)      89.0
OMEROS CORP       3O8 GZ            161.4      (222.0)      89.0
ONCOLOGY PHARMA   ONPH US             0.0        (0.4)      (0.4)
OPTIVA INC        OPT CN             73.1       (63.2)       5.2
ORTHO CLINCICAL   OCDX US         3,392.5       376.6      354.9
ORTHO CLINCICAL   OCDXEUR EU      3,392.5       376.6      354.9
ORTHO CLINCICAL   41V TH          3,392.5       376.6      354.9
OTIS WORLDWI      OTIS US        10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI      4PG GR         10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI      4PG GZ         10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI      OTIS* MM       10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI      OTISEUR EZ     10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI      OTISEUR EU     10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI      4PG TH         10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI      4PG QT         10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI      OTIS AV        10,857.0    (3,254.0)     (35.0)
OTIS WORLDWI-BDR  O1TI34 BZ      10,857.0    (3,254.0)     (35.0)
PANAMERA HEALTHC  PNHT US             0.0        (0.1)      (0.1)
PARATEK PHARMACE  PRTK US           159.3      (119.0)     118.9
PARATEK PHARMACE  N4CN GR           159.3      (119.0)     118.9
PARATEK PHARMACE  N4CN TH           159.3      (119.0)     118.9
PARATEK PHARMACE  N4CN GZ           159.3      (119.0)     118.9
PARTS ID INC      ID US              66.9       (13.3)     (26.4)
PET VALU HOLDING  PET CN            515.5      (471.5)      26.1
PHILIP MORRI-BDR  PHMO34 BZ      40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  4I1 GR         40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PM US          40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PM1CHF EU      40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PM1 TE         40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  4I1 TH         40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PM1EUR EU      40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PMI SW         40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PMIZ IX        40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PMIZ EB        40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  0M8V LN        40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PMOR AV        40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  4I1 GZ         40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PM1CHF EZ      40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PM1EUR EZ      40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PM* MM         40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  4I1 QT         40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PMIZ TQ        40,686.0    (9,200.0)   2,859.0
PHILIP MORRIS IN  PM-RM RM       40,686.0    (9,200.0)   2,859.0
PLANET FITNESS-A  3PL QT          1,865.0      (696.7)     441.0
PLANET FITNESS-A  PLNT1EUR EU     1,865.0      (696.7)     441.0
PLANET FITNESS-A  PLNT1EUR EZ     1,865.0      (696.7)     441.0
PLANET FITNESS-A  PLNT US         1,865.0      (696.7)     441.0
PLANET FITNESS-A  3PL TH          1,865.0      (696.7)     441.0
PLANET FITNESS-A  3PL GR          1,865.0      (696.7)     441.0
PLANET FITNESS-A  3PL GZ          1,865.0      (696.7)     441.0
PLANTRONICS INC   POLY US         2,135.1      (112.6)     207.9
PLANTRONICS INC   PTM GR          2,135.1      (112.6)     207.9
PLANTRONICS INC   PLTEUR EU       2,135.1      (112.6)     207.9
PLANTRONICS INC   PTM GZ          2,135.1      (112.6)     207.9
PLANTRONICS INC   PTM TH          2,135.1      (112.6)     207.9
PLANTRONICS INC   PTM QT          2,135.1      (112.6)     207.9
POWER SOLUTIONS   PSIX US           279.1       (11.9)     (51.8)
PPD INC           PPD US          6,749.1      (506.7)     501.2
PRIORITY TECHNOL  PRTH US           400.5       (99.8)     (18.0)
PRIORITY TECHNOL  PRTHEUR EU        400.5       (99.8)     (18.0)
PRIORITY TECHNOL  60W GR            400.5       (99.8)     (18.0)
QUALTRICS INT-A   XM US           1,434.1        35.3      324.9
QUALTRICS INT-A   5DX0 GR         1,434.1        35.3      324.9
QUALTRICS INT-A   5DX0 QT         1,434.1        35.3      324.9
QUALTRICS INT-A   5DX0 GZ         1,434.1        35.3      324.9
QUALTRICS INT-A   XM1EUR EU       1,434.1        35.3      324.9
QUALTRICS INT-A   5DX0 TH         1,434.1        35.3      324.9
QUANTUM CORP      QMCO US           194.9      (112.2)      (3.0)
QUANTUM CORP      QNT2 GR           194.9      (112.2)      (3.0)
QUANTUM CORP      QTM1EUR EU        194.9      (112.2)      (3.0)
QUANTUM CORP      QNT2 TH           194.9      (112.2)      (3.0)
RADIUS HEALTH IN  RDUS US           205.1      (216.0)     114.3
RADIUS HEALTH IN  RDUSEUR EZ        205.1      (216.0)     114.3
RADIUS HEALTH IN  1R8 TH            205.1      (216.0)     114.3
RADIUS HEALTH IN  1R8 QT            205.1      (216.0)     114.3
RADIUS HEALTH IN  RDUSEUR EU        205.1      (216.0)     114.3
RADIUS HEALTH IN  1R8 GR            205.1      (216.0)     114.3
RAPID7 INC        RPDEUR EU       1,222.7       (81.2)     390.3
RAPID7 INC        RPD US          1,222.7       (81.2)     390.3
RAPID7 INC        R7D GR          1,222.7       (81.2)     390.3
RAPID7 INC        R7D TH          1,222.7       (81.2)     390.3
RAPID7 INC        RPD* MM         1,222.7       (81.2)     390.3
REVLON INC-A      RVL1 GR         2,430.9    (1,958.7)     278.3
REVLON INC-A      REV US          2,430.9    (1,958.7)     278.3
REVLON INC-A      REV* MM         2,430.9    (1,958.7)     278.3
REVLON INC-A      REVEUR EU       2,430.9    (1,958.7)     278.3
REVLON INC-A      RVL1 TH         2,430.9    (1,958.7)     278.3
RICE ACQUISITION  RONI/U US           0.3        (0.0)      (0.0)
RIMINI STREET IN  RMNI US           311.6       (22.9)     (11.4)
RR DONNELLEY & S  DLLN TH         2,980.4      (254.4)     381.1
RR DONNELLEY & S  RRDEUR EU       2,980.4      (254.4)     381.1
RR DONNELLEY & S  RRD US          2,980.4      (254.4)     381.1
RR DONNELLEY & S  DLLN GR         2,980.4      (254.4)     381.1
RR DONNELLEY & S  DLLN GZ         2,980.4      (254.4)     381.1
RUSH STREET INTE  RSI US            428.8       364.8      352.4
SBA COMM CORP     SBAC US         9,763.5    (5,031.5)    (170.8)
SBA COMM CORP     4SB TH          9,763.5    (5,031.5)    (170.8)
SBA COMM CORP     4SB GZ          9,763.5    (5,031.5)    (170.8)
SBA COMM CORP     4SB GR          9,763.5    (5,031.5)    (170.8)
SBA COMM CORP     SBAC* MM        9,763.5    (5,031.5)    (170.8)
SBA COMM CORP     SBACEUR EU      9,763.5    (5,031.5)    (170.8)
SBA COMM CORP     4SB QT          9,763.5    (5,031.5)    (170.8)
SBA COMMUN - BDR  S1BA34 BZ       9,763.5    (5,031.5)    (170.8)
SCIENTIFIC GAMES  TJW GZ          7,856.0    (2,521.0)   1,240.0
SCIENTIFIC GAMES  SGMS US         7,856.0    (2,521.0)   1,240.0
SCIENTIFIC GAMES  TJW GR          7,856.0    (2,521.0)   1,240.0
SCIENTIFIC GAMES  TJW TH          7,856.0    (2,521.0)   1,240.0
SEAWORLD ENTERTA  SEAS US         2,573.4      (145.8)     161.0
SEAWORLD ENTERTA  W2L GR          2,573.4      (145.8)     161.0
SEAWORLD ENTERTA  W2L TH          2,573.4      (145.8)     161.0
SEAWORLD ENTERTA  SEASEUR EU      2,573.4      (145.8)     161.0
SECOND SIGHT MED  EYES US             4.5        (0.7)      (0.9)
SELECTA BIOSCIEN  SELB US           176.7       (19.6)      78.5
SELECTA BIOSCIEN  1S7 TH            176.7       (19.6)      78.5
SENSEONICS HLDGS  SENS US           195.9      (185.9)     175.6
SHELL MIDSTREAM   SHLX US         2,327.0      (467.0)     352.0
SHOALS TECHNOL-A  SHLS US           252.3       (42.9)      45.0
SIENTRA INC       SIEN3EUR EU       198.4       (12.9)      89.6
SIENTRA INC       SIEN US           198.4       (12.9)      89.6
SIENTRA INC       S0Z GR            198.4       (12.9)      89.6
SINCLAIR BROAD-A  SBGI US        13,132.0      (998.0)   2,048.0
SINCLAIR BROAD-A  SBTA GR        13,132.0      (998.0)   2,048.0
SINCLAIR BROAD-A  SBGIEUR EU     13,132.0      (998.0)   2,048.0
SINCLAIR BROAD-A  SBTA GZ        13,132.0      (998.0)   2,048.0
SINCLAIR BROAD-A  SBTA TH        13,132.0      (998.0)   2,048.0
SINCLAIR BROAD-A  SBTA QT        13,132.0      (998.0)   2,048.0
SINGULAR GENOMIC  OMIC US           155.6        (4.2)     143.6
SIRIUS XM HO-BDR  SRXM34 BZ      11,201.0    (2,515.0)  (1,808.0)
SIRIUS XM HOLDIN  RDO GR         11,201.0    (2,515.0)  (1,808.0)
SIRIUS XM HOLDIN  RDO TH         11,201.0    (2,515.0)  (1,808.0)
SIRIUS XM HOLDIN  SIRI US        11,201.0    (2,515.0)  (1,808.0)
SIRIUS XM HOLDIN  SIRIEUR EU     11,201.0    (2,515.0)  (1,808.0)
SIRIUS XM HOLDIN  RDO GZ         11,201.0    (2,515.0)  (1,808.0)
SIRIUS XM HOLDIN  SIRI AV        11,201.0    (2,515.0)  (1,808.0)
SIRIUS XM HOLDIN  SIRIEUR EZ     11,201.0    (2,515.0)  (1,808.0)
SIRIUS XM HOLDIN  RDO QT         11,201.0    (2,515.0)  (1,808.0)
SIX FLAGS ENTERT  6FE GR          2,928.4      (617.2)    (115.4)
SIX FLAGS ENTERT  6FE QT          2,928.4      (617.2)    (115.4)
SIX FLAGS ENTERT  SIXEUR EU       2,928.4      (617.2)    (115.4)
SIX FLAGS ENTERT  SIX US          2,928.4      (617.2)    (115.4)
SIX FLAGS ENTERT  6FE TH          2,928.4      (617.2)    (115.4)
SKYWATER TECHNOL  SKYT US           252.3        (4.6)      (5.3)
SLEEP NUMBER COR  SL2 GR            854.5      (403.7)    (659.1)
SLEEP NUMBER COR  SNBR US           854.5      (403.7)    (659.1)
SLEEP NUMBER COR  SNBREUR EU        854.5      (403.7)    (659.1)
SLEEP NUMBER COR  SL2 TH            854.5      (403.7)    (659.1)
SLEEP NUMBER COR  SL2 QT            854.5      (403.7)    (659.1)
SLEEP NUMBER COR  SL2 GZ            854.5      (403.7)    (659.1)
SOFTCHOICE CORP   SFTC CN           533.0       (31.2)     (12.1)
SOFTCHOICE CORP   90Q GR            533.0       (31.2)     (12.1)
SOFTCHOICE CORP   SFTCEUR EU        533.0       (31.2)     (12.1)
SOFTCHOICE CORP   90Q GZ            533.0       (31.2)     (12.1)
SOUTHWESTRN ENGY  SW5 TH          5,394.0       (18.0)  (1,351.0)
SOUTHWESTRN ENGY  SW5 GR          5,394.0       (18.0)  (1,351.0)
SOUTHWESTRN ENGY  SWN US          5,394.0       (18.0)  (1,351.0)
SOUTHWESTRN ENGY  SWN1EUR EZ      5,394.0       (18.0)  (1,351.0)
SOUTHWESTRN ENGY  SW5 QT          5,394.0       (18.0)  (1,351.0)
SOUTHWESTRN ENGY  SWN1EUR EU      5,394.0       (18.0)  (1,351.0)
SOUTHWESTRN ENGY  SW5 GZ          5,394.0       (18.0)  (1,351.0)
SOUTHWESTRN ENGY  SWN-RM RM       5,394.0       (18.0)  (1,351.0)
SQL TECHNOLOGIES  SQFL US             7.0       (22.9)     (19.6)
SQUARESPACE IN-A  SQSP US           872.5       (45.5)     (71.1)
SQUARESPACE IN-A  SQSPEUR EU        872.5       (45.5)     (71.1)
SQUARESPACE IN-A  8DT GZ            872.5       (45.5)     (71.1)
SQUARESPACE IN-A  8DT GR            872.5       (45.5)     (71.1)
SQUARESPACE IN-A  8DT TH            872.5       (45.5)     (71.1)
SQUARESPACE IN-A  8DT QT            872.5       (45.5)     (71.1)
STARBUCKS CORP    SBUX* MM       29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SRB GR         29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SRB TH         29,476.8    (6,794.3)     131.9
STARBUCKS CORP    USSBUX KZ      29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUX AV        29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUX TE        29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUXEUR EU     29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUX IM        29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUX CI        29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUXUSD SW     29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SRB GZ         29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUXEUR EZ     29,476.8    (6,794.3)     131.9
STARBUCKS CORP    0QZH LI        29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUX PE        29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUX US        29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUX SW        29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SRB QT         29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUX-RM RM     29,476.8    (6,794.3)     131.9
STARBUCKS CORP    SBUXCL CI      29,476.8    (6,794.3)     131.9
STARBUCKS-BDR     SBUB34 BZ      29,476.8    (6,794.3)     131.9
STARBUCKS-CEDEAR  SBUXD AR       29,476.8    (6,794.3)     131.9
STARBUCKS-CEDEAR  SBUX AR        29,476.8    (6,794.3)     131.9
SWITCHBACK II CO  SWBK/U US         317.9         5.0        1.2
SWITCHBACK II-A   SWBK US           317.9         5.0        1.2
TAIGA MOTORS COR  TAIG CN           102.3        (7.5)    (109.1)
TAIGA MOTORS COR  TAIMF US          102.3        (7.5)    (109.1)
TASTEMAKER ACQ-A  TMKR US           279.9       256.4        1.0
TASTEMAKER ACQUI  TMKRU US          279.9       256.4        1.0
THUNDER BRIDGE C  TBCPU US          415.2       392.2       (7.3)
THUNDER BRIDGE-A  TBCP US           415.2       392.2       (7.3)
TORRID HOLDINGS   CURV US             -           -          -
TPG PACE BENEFIC  YTPG US             1.4        (0.0)      (0.0)
TPG PACE SOLUTIO  TPGS US             1.4        (0.0)      (0.0)
TRANSAT A.T.      TRZBF US        1,862.3       (66.0)    (127.8)
TRANSAT A.T.      TRZ CN          1,862.3       (66.0)    (127.8)
TRANSAT A.T.      1TJ GR          1,862.3       (66.0)    (127.8)
TRANSDIGM - BDR   T1DG34 BZ      18,739.0    (3,521.0)   4,778.0
TRANSDIGM GROUP   TDG US         18,739.0    (3,521.0)   4,778.0
TRANSDIGM GROUP   T7D GR         18,739.0    (3,521.0)   4,778.0
TRANSDIGM GROUP   TDG* MM        18,739.0    (3,521.0)   4,778.0
TRANSDIGM GROUP   T7D TH         18,739.0    (3,521.0)   4,778.0
TRANSDIGM GROUP   TDGEUR EZ      18,739.0    (3,521.0)   4,778.0
TRANSDIGM GROUP   T7D QT         18,739.0    (3,521.0)   4,778.0
TRANSDIGM GROUP   TDGEUR EU      18,739.0    (3,521.0)   4,778.0
TRANSPHORM INC    TGAN US            18.1       (25.1)     (12.8)
TRAVEL + LEISURE  WD5A TH         6,639.0      (918.0)     653.0
TRAVEL + LEISURE  0M1K LI         6,639.0      (918.0)     653.0
TRAVEL + LEISURE  WD5A GR         6,639.0      (918.0)     653.0
TRAVEL + LEISURE  TNL US          6,639.0      (918.0)     653.0
TRAVEL + LEISURE  WD5A QT         6,639.0      (918.0)     653.0
TRAVEL + LEISURE  WYNEUR EU       6,639.0      (918.0)     653.0
TRAVEL + LEISURE  WD5A GZ         6,639.0      (918.0)     653.0
TREACE MEDICAL C  TMCI US            37.4        (0.7)      27.9
TREACE MEDICAL C  7DW TH             37.4        (0.7)      27.9
TREACE MEDICAL C  7DW GR             37.4        (0.7)      27.9
TREACE MEDICAL C  TMCIEUR EU         37.4        (0.7)      27.9
TREATMENT.COM IN  TRUE CN             1.5         1.2        1.2
TRIUMPH GROUP     TG7 GR          2,450.9      (818.9)     836.1
TRIUMPH GROUP     TGI US          2,450.9      (818.9)     836.1
TRIUMPH GROUP     TG7 TH          2,450.9      (818.9)     836.1
TRIUMPH GROUP     TGIEUR EU       2,450.9      (818.9)     836.1
TRIUMPH GROUP     TG7 GZ          2,450.9      (818.9)     836.1
TUPPERWARE BRAND  TUP GR          1,226.9      (153.3)    (317.6)
TUPPERWARE BRAND  TUP US          1,226.9      (153.3)    (317.6)
TUPPERWARE BRAND  TUP TH          1,226.9      (153.3)    (317.6)
TUPPERWARE BRAND  TUP1EUR EU      1,226.9      (153.3)    (317.6)
TUPPERWARE BRAND  TUP GZ          1,226.9      (153.3)    (317.6)
TUPPERWARE BRAND  TUP1EUR EZ      1,226.9      (153.3)    (317.6)
TUPPERWARE BRAND  TUP QT          1,226.9      (153.3)    (317.6)
UBIQUITI INC      UI US             893.0       (60.2)     440.3
UBIQUITI INC      3UB GR            893.0       (60.2)     440.3
UBIQUITI INC      3UB GZ            893.0       (60.2)     440.3
UBIQUITI INC      UBNTEUR EU        893.0       (60.2)     440.3
UBIQUITI INC      3UB TH            893.0       (60.2)     440.3
UNISYS CORP       UISCHF EU       2,456.7      (285.8)     550.7
UNISYS CORP       USY1 TH         2,456.7      (285.8)     550.7
UNISYS CORP       USY1 GR         2,456.7      (285.8)     550.7
UNISYS CORP       UIS US          2,456.7      (285.8)     550.7
UNISYS CORP       UIS1 SW         2,456.7      (285.8)     550.7
UNISYS CORP       UISEUR EU       2,456.7      (285.8)     550.7
UNISYS CORP       USY1 GZ         2,456.7      (285.8)     550.7
UNISYS CORP       USY1 QT         2,456.7      (285.8)     550.7
UNISYS CORP       UISEUR EZ       2,456.7      (285.8)     550.7
UNISYS CORP       UISCHF EZ       2,456.7      (285.8)     550.7
UNITI GROUP INC   8XC GR          4,781.8    (2,153.7)       -
UNITI GROUP INC   8XC TH          4,781.8    (2,153.7)       -
UNITI GROUP INC   UNIT US         4,781.8    (2,153.7)       -
UNITI GROUP INC   8XC GZ          4,781.8    (2,153.7)       -
VALVOLINE INC     0V4 TH          2,921.0       (56.0)     520.0
VALVOLINE INC     VVVEUR EU       2,921.0       (56.0)     520.0
VALVOLINE INC     0V4 GR          2,921.0       (56.0)     520.0
VALVOLINE INC     0V4 QT          2,921.0       (56.0)     520.0
VALVOLINE INC     VVVEUR EZ       2,921.0       (56.0)     520.0
VALVOLINE INC     VVV US          2,921.0       (56.0)     520.0
VECTOR GROUP LTD  VGR US          1,403.6      (656.5)     392.3
VECTOR GROUP LTD  VGR GR          1,403.6      (656.5)     392.3
VECTOR GROUP LTD  VGREUR EU       1,403.6      (656.5)     392.3
VECTOR GROUP LTD  VGREUR EZ       1,403.6      (656.5)     392.3
VECTOR GROUP LTD  VGR TH          1,403.6      (656.5)     392.3
VECTOR GROUP LTD  VGR QT          1,403.6      (656.5)     392.3
VECTOR GROUP LTD  VGR GZ          1,403.6      (656.5)     392.3
VERA THERAPEUTIC  VERA US            51.8        46.3       47.8
VERISIGN INC      VRS TH          1,741.4    (1,417.8)     190.7
VERISIGN INC      VRS GR          1,741.4    (1,417.8)     190.7
VERISIGN INC      VRSN US         1,741.4    (1,417.8)     190.7
VERISIGN INC      VRSN* MM        1,741.4    (1,417.8)     190.7
VERISIGN INC      VRSNEUR EU      1,741.4    (1,417.8)     190.7
VERISIGN INC      VRS GZ          1,741.4    (1,417.8)     190.7
VERISIGN INC      VRSNEUR EZ      1,741.4    (1,417.8)     190.7
VERISIGN INC      VRS QT          1,741.4    (1,417.8)     190.7
VERISIGN INC-BDR  VRSN34 BZ       1,741.4    (1,417.8)     190.7
VERISIGN-CEDEAR   VRSN AR         1,741.4    (1,417.8)     190.7
VINCO VENTURES I  BBIG US            45.5       (22.0)       4.1
VIVINT SMART HOM  VVNT US         2,833.3    (1,584.0)    (312.7)
W&T OFFSHORE INC  UWV GR            949.7      (208.6)     (26.2)
W&T OFFSHORE INC  UWV SW            949.7      (208.6)     (26.2)
W&T OFFSHORE INC  WTI1EUR EU        949.7      (208.6)     (26.2)
W&T OFFSHORE INC  WTI US            949.7      (208.6)     (26.2)
W&T OFFSHORE INC  UWV TH            949.7      (208.6)     (26.2)
W&T OFFSHORE INC  UWV GZ            949.7      (208.6)     (26.2)
WALDENCAST ACQ-A  WALD US           347.0       303.4        1.4
WALDENCAST ACQUI  WALDU US          347.0       303.4        1.4
WARRIOR TECHN-A   WARR US             0.4        (0.0)      (0.4)
WARRIOR TECHNOLO  WARR/U US           0.4        (0.0)      (0.4)
WAYFAIR INC- A    W US            4,774.9    (1,469.7)     996.9
WAYFAIR INC- A    W* MM           4,774.9    (1,469.7)     996.9
WAYFAIR INC- A    1WF QT          4,774.9    (1,469.7)     996.9
WAYFAIR INC- A    WEUR EZ         4,774.9    (1,469.7)     996.9
WAYFAIR INC- A    1WF GZ          4,774.9    (1,469.7)     996.9
WAYFAIR INC- A    1WF GR          4,774.9    (1,469.7)     996.9
WAYFAIR INC- A    1WF TH          4,774.9    (1,469.7)     996.9
WAYFAIR INC- A    WEUR EU         4,774.9    (1,469.7)     996.9
WIDEOPENWEST INC  WU5 GR          2,505.1      (202.0)     (91.3)
WIDEOPENWEST INC  WU5 TH          2,505.1      (202.0)     (91.3)
WIDEOPENWEST INC  WU5 QT          2,505.1      (202.0)     (91.3)
WIDEOPENWEST INC  WOW1EUR EU      2,505.1      (202.0)     (91.3)
WIDEOPENWEST INC  WOW US          2,505.1      (202.0)     (91.3)
WIDEOPENWEST INC  WOW1EUR EZ      2,505.1      (202.0)     (91.3)
WIDEOPENWEST INC  WU5 GZ          2,505.1      (202.0)     (91.3)
WINGSTOP INC      WING1EUR EU       234.3      (322.2)      33.1
WINGSTOP INC      WING US           234.3      (322.2)      33.1
WINGSTOP INC      EWG GR            234.3      (322.2)      33.1
WINGSTOP INC      EWG GZ            234.3      (322.2)      33.1
WINMARK CORP      WINA US            27.0       (12.7)       4.9
WINMARK CORP      GBZ GR             27.0       (12.7)       4.9
WW INTERNATIONAL  WW US           1,436.4      (555.8)     (76.2)
WW INTERNATIONAL  WW6 GR          1,436.4      (555.8)     (76.2)
WW INTERNATIONAL  WW6 GZ          1,436.4      (555.8)     (76.2)
WW INTERNATIONAL  WTWEUR EZ       1,436.4      (555.8)     (76.2)
WW INTERNATIONAL  WTW AV          1,436.4      (555.8)     (76.2)
WW INTERNATIONAL  WTWEUR EU       1,436.4      (555.8)     (76.2)
WW INTERNATIONAL  WW6 QT          1,436.4      (555.8)     (76.2)
WW INTERNATIONAL  WW6 TH          1,436.4      (555.8)     (76.2)
WYNN RESORTS LTD  WYNN* MM       13,166.9      (202.9)   1,879.9
WYNN RESORTS LTD  WYNN US        13,166.9      (202.9)   1,879.9
WYNN RESORTS LTD  WYR GR         13,166.9      (202.9)   1,879.9
WYNN RESORTS LTD  WYR TH         13,166.9      (202.9)   1,879.9
WYNN RESORTS LTD  WYNNEUR EU     13,166.9      (202.9)   1,879.9
WYNN RESORTS LTD  WYR GZ         13,166.9      (202.9)   1,879.9
WYNN RESORTS LTD  WYNNEUR EZ     13,166.9      (202.9)   1,879.9
WYNN RESORTS LTD  WYR QT         13,166.9      (202.9)   1,879.9
WYNN RESORTS-BDR  W1YN34 BZ      13,166.9      (202.9)   1,879.9
YELLOW CORP       YEL GR          2,354.5      (281.2)     280.3
YELLOW CORP       YELL US         2,354.5      (281.2)     280.3
YELLOW CORP       YRCWEUR EZ      2,354.5      (281.2)     280.3
YELLOW CORP       YEL QT          2,354.5      (281.2)     280.3
YELLOW CORP       YRCWEUR EU      2,354.5      (281.2)     280.3
YELLOW CORP       YEL1 TH         2,354.5      (281.2)     280.3
YELLOW CORP       YEL GZ          2,354.5      (281.2)     280.3
YUM! BRANDS -BDR  YUMR34 BZ       5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   TGR TH          5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   TGR GR          5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   YUM* MM         5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   YUMUSD SW       5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   TGR GZ          5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   YUM US          5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   YUMEUR EZ       5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   YUM AV          5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   TGR TE          5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   YUMEUR EU       5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   TGR QT          5,649.0    (7,893.0)     (44.0)
YUM! BRANDS INC   YUM SW          5,649.0    (7,893.0)     (44.0)
ZETA GLOBAL HO-A  ZETA US           286.3       (85.0)      37.4



                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

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

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

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

This material is copyrighted and any commercial use, resale or
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re-mailing and photocopying) is strictly prohibited without prior
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                   *** End of Transmission ***