/raid1/www/Hosts/bankrupt/TCR_Public/211118.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, November 18, 2021, Vol. 25, No. 321

                            Headlines

17062 COMUNIDAD: Creditors to Get Proceeds From Liquidation
4202 PARTNERS: Jan. 13, 2022 Plan Confirmation Hearing Set
4218 PARTNERS: Jan. 13, 2022 Plan Confirmation Hearing Set
ALTO MAIPO: Case Summary & 27 Largest Unsecured Creditors
ALTO MAIPO: Chilean Project Hits Chapter 11 Bankruptcy in U.S.

B N EMPIRE: U.S. Trustee Unable to Appoint Committee
B.R.H. CONSULTANTS: Seeks to Hire Derbes Law Firm as Legal Counsel
CARESTREAM DENTAL: Moody's Rates New First Lien Loans 'B2'
CARLSON TRAVEL: Exits Chapter 11, To Invest in Business Travel Tech
CBAK ENERGY: Posts $20 Million Net Income in Third Quarter

CENTRO GROUP: 11th Cir. Junks Appeal From 3rd Party Releases
CERTA DOSE: Court Denies COPIC Bid to Transfer Ch. 11 Case Venue
CIRTRAN CORP: Incurs $305K Net Loss in Third Quarter
CLUB 77 BAR: Taps James Joyce as Bankruptcy Attorney
CORONADO CAPITAL: Updates Several Secured Claims Pay Details

DS PARENT: Moody's Assigns First Time B2 Corporate Family Rating
DS PARENT: S&P Assigns 'B' ICR on Acquisition by Gamut Capital
ECHO GLOBAL: S&P Cuts Rating on 1st-Lien Credit Facilities to 'B'
EHT US1 INC: Mediation Nixed for Howard Wu Appeals
ELECTROMEDICAL TECHNOLOGIES: Incurs $3.3M Net Loss in 3rd Quarter

ELITE AEROSPACE: Subsidiaries Tap Levene Neale as Legal Counsel
EXIDE TECHONOLOGIES: $17M Cleanup Deal Reached With EPA
FENDER MUSICAL: S&P Lowers Rating on Sr. Secured Term Loan to 'B'
FLOOR AND DECOR: Moody's Alters Outlook on Ba3 CFR to Positive
FOSSIL GROUP: Posts $31.9 Million Net Income in Third Quarter

FROZEN FOODS: Wins Cash Collateral Access Thru Nov 21
GRAFTECH INTERNATIONAL: S&P Stays 'BB-' ICR, Outlook Stable
GREEN4ALL ENERGY: Unsecureds to Get Share of Net Profit for 5 Years
GREENPOINT ASSET: Seeks to Hire Kerkman & Dunn as Legal Counsel
GULF COAST HEALTH: Committee Taps FTI as Financial Advisor

GULF COAST HEALTH: Committee Taps Greenberg Traurig as Counsel
HK FACILITY SERVICES: Gets OK to Hire Joseph Wrobel Ltd. as Counsel
HORIZON SATELLITES: Case Summary & 20 Largest Unsecured Creditors
HOUSTON AMERICAN: Incurs $351K Net Loss in Third Quarter
HUMANIGEN INC: Incurs $66.7 Million Net Loss in Third Quarter

IMAGEWARE SYSTEMS: Posts $490K Net Income in Third Quarter
INTEGRATED VENTURES: Posts $1.35 Million Net Income in First Quarte
IRONWOOD FINANCIAL: Wins Cash Collateral Access Thru Dec 17
JBS USA: S&P Rates New $1BB Unsec. Sustainable Linked Notes 'BB+'
JUST RELAX MASSAGE: Gets OK to Hire Moecker Auctions as Appraiser

KESTRA ADVISOR: Moody's Affirms 'B3' CFR, Outlook Remains Stable
KEYSER AVENUE: Gets OK to Hire Bonnette Auction Co. as Auctioneer
KING MOUNTAIN: Wins Cash Collateral Access
KINTARA THERAPEUTICS: Incurs $6 Million Net Loss in First Quarter
KMART CORP: Will Close Its Last Store in Michigan Permanently

LEAFBUYER TECHNOLOGIES: Posts $2.96M Net Income in First Quarter
LTI HOLDINGS: Moody's Rates New Secured First Lien Term Loans 'B2'
MANNY'S MEXICAN: Seeks to Hire TAP Consulting as Accountant
MOLECULAR & DIAGNOSTIC: Case Summary & 20 Top Unsecured Creditors
MOVIMIENTO PENTECOSTAL: Taps Tamarez CPA, LLC as Accountant

MT. GOX CO: Trustee Gives Final Approval for Bitcoin Repayment Plan
MY SIZE: Incurs $2 Million Net Loss in Third Quarter
NATURALSHRIMP INC: Incurs $2.85 Million Net Loss in Second Quarter
NEXEL SERVICES: Seeks to Hire Lane Law Firm as Legal Counsel
NORTHLAND CORP: Taps Gant Hill & Associates as Real Estate Broker

OCTAVE MUSIC: S&P Upgrades ICR to 'B', Outlook Stable
PAR LTD PARTNERSHIP: Taps Alex Cooper as Commercial Auctioneer
PERKY JERKY: Has Deal on Cash Collateral Access
PHOENIX OF ALBANY: Blum in Negotiations w/ Offeror to Sell Property
RAINTREE PROPERTIES: Case Summary & Unsecured Creditor

RELMADA THERAPEUTICS: Incurs $42.6-Mil. Net Loss in Third Quarter
RGIS SERVICES: Moody's Hikes CFR to B3 & Alters Outlook to Stable
RIVERA FAMILY: Seeks to Hire TAP Consulting as Accountant
RIVERBED TECHNOLOGY: Case Summary & 30 Top Unsecured Creditors
RIVERBED TECHNOLOGY: Seeks Chapter 11 Bankruptcy to Slash Debt

ROCKWORX INC: Has Deal on Cash Collateral Access
SHRUNGI LLC: Amends Plan to Address Issues Raised by Shri Ganeshay
SMG INDUSTRIES: Incurs $3.6 Million Net Loss in Third Quarter
SN MANAGEMENT: Voluntary Chapter 11 Case Summary
STONEMOR INC: Incurs $4.85 Million Net Loss in Third Quarter

STONEYS KINGFISHERS: Taps Alex Cooper as Commercial Auctioneer
TD HOLDINGS: Posts $457,615 Net Income in Third Quarter
TENET HEALTHCARE: Moody's Rates New $1.45BB First Lien Notes 'B1'
TENET HEALTHCARE: S&P Rates First-Lien Senior Secured Notes 'B+'
TOP FLIGHT: Case Summary & 4 Unsecured Creditors

TWIN PINES: Objections to First National, Bowen Claims Sustained
UA INVESTMENTS: Taps Eric Thorstenberg as Bankruptcy Counsel
US FOODS: Moody's Rates New $500MM Senior Unsecured Notes 'B3'
US FOODS: S&P Rates New $500MM Senior Unsecured Notes 'B+'
VENUS CONCEPT: Incurs $8.8 Million Net Loss in Third Quarter

VERTEX AEROSPACE: S&P Affirms 'B' Rating on First-Lien Term Loan
ZARA MANAGEMENT: Voluntary Chapter 11 Case Summary
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

17062 COMUNIDAD: Creditors to Get Proceeds From Liquidation
-----------------------------------------------------------
17062 Comunidad De Avila Trust filed with the U.S. Bankruptcy Court
for the Middle District of Florida a Plan of Liquidation and a
Disclosure Statement Nov. 15, 2021.

The Debtor is a single asset real estate case.  Trustee for Debtor
is West Florida Wholesale Properties IV, LLC ("West Florida") or
("Trustee") with Kenneth Stillwell as Manager of West Florida.

The Debtor owns the real property located at 17062 Comunidad De
Avila, Lutz, Florida 33548 (the "Real Property").  There is a
pending foreclosure lawsuit by the alleged first mortgage holder,
The Bank of New York Mellon ("BNYM"). The foreclosure action was
filed in Hillsborough County, State of Florida with the designated
case number 12-CA-017747 (the "State Court Case").  Debtor's Plan
proposes a resolution to the State Court Case through sale of the
Debtor's Real Property.

This is a liquidating plan.  The Debtor's real property will be
sold to pay the Creditors as follows: Debtor has procured a buyer
for the Real Property who proposes to pay $200,000 (the "Proposed
Sale").  The Proposed Sale will be free and clear of liens pursuant
to pursuant to 11 U.S.C. Sec. 363.  The Debtor does not at this
time intend to pursue preference, fraudulent conveyance, or other
avoidance actions. The Plan is proposed in good faith and not by
any means forbidden by law.

The Plan will treat claims as follows:

     * Class 3 consists of the Secured Claim of Synovus Bank.
Synovus Bank holds a purported secured claim on the Real Property.
Sale proceeds will be used to pay secured Creditors in the priority
of their respective liens.  The Class 4 Creditor, The Bank of New
York Mellon, is the alleged first position lien holder. Funds from
the sale are not expected to exceed the amount of the BNYM lien.
Therefore, this Creditor will be deemed to be unsecured and will be
paid in accordance with Class 8 General Unsecured Claims.

     * Class 4 consists of the Secured Claim of The Bank of New
York Mellon. The Bank of New York Mellon allegedly holds a secured
claim by virtue of a first priority mortgage on the property of the
Debtor in the amount of $257,099.77 according to pleadings in the
State Court Case. Claimant shall be paid the net proceeds from the
sale at the closing. Claimant will release its purported lien upon
receiving the funds from the sale of the Real Property and the Real
Property shall be sold to the Proposed Buyer free and clear of any
liens or encumbrances pursuant to §363 of the Code.

     * Class 5 consists of the  Secured Claim of Bay Cities Bank.
Bay Cities Bank holds a purported secure claim on the Real
Property. Sale proceeds will be used to pay secured Creditors in
the priority of their respective liens. The Class 4 Creditor, The
Bank of New York Mellon, is the alleged first position lien holder.
Funds from the sale are not expected to exceed the amount of the
BNYM lien. Therefore, this Creditor will be deemed to be unsecured
and will be paid in accordance with Class 8 General Unsecured
Claims.

     * Class 6 consists of the Secured Claim of Centennial Bank.
Centennial Bank holds a purported secure claim on the Real
Property. Sale proceeds will be used to pay secured Creditors in
the priority of their respective liens. The Class 4 Creditor, The
Bank of New York Mellon, is the alleged first position lien holder.
Funds from the sale are not expected to exceed the amount of the
BNYM lien. Therefore, this Creditor will be deemed to be unsecured
and will be paid in accordance with Class 8 General Unsecured
Claims.

     * Class 7 consists of the Disputed Claim of Mortgage
Electronic Registration System, Inc. Mortgage Electronic
Registration System, Inc. may allege a secure claim held by a
mortgage on the property of the Debtor. Debtor disputes that Class
7 is entitled to funds because it appears to be the same mortgage
that Class 4 claims to hold. Unless otherwise ordered by the Court,
Class 7 will receive no distribution and any alleged lien on the
Real Property shall be determined to be null and void.

     * Class 8 consists of General Unsecured Creditors. Upon the
sale of the property, the Debtor will use the net sale proceeds
(after the payment of closing cost, allowed secured claims, and all
administrative expense claims), if any, to pay claimants in this
case with allowed unsecured claims. Claimants will be paid their
pro-rata share of the net sale proceeds from the sales of the
Debtor's real property. The Debtor will make distributions to the
Class 8 general unsecured creditors within 30 days from the closing
of the sale of the Debtor's property.

     * Class 9 consists of Equity Security Holders of Debtor
(Members of the Debtor). Equity will retain ownership in the Debtor
postconfirmation. Equity and insider claims will receive no payment
on their claims unless the Class 8 creditors are paid the full
value of their allowed claims.

The Plan is based upon the Debtor's belief that an orderly
liquidation of the assets would yield substantially more to
priority and general unsecured creditors than in a Chapter 7
bankruptcy case. The liquidating Debtor, through a Plan
Administrator, will hold and liquidate the Estate Assets for the
benefit of Creditors and for payment of Allowed Claims in
accordance with the provisions of the Plan.

The Plan will be funded through the sale of Debtor's property. The
Debtor does not at this time intend to pursue preference,
fraudulent conveyance, or other avoidance actions. The Plan is
proposed in good faith and not by any means forbidden by law.

A full-text copy of the Disclosure Statement dated Nov. 15, 2021,
is available at https://bit.ly/3qLX3XV from PacerMonitor.com at no
charge.

Attorney for the Plan Proponent:

     Blanchard Law, P.A.
     Jake C. Blanchard, Esq.
     1501 S. Belcher Rd., 6B
     Largo, FL 33771
     Tel: 727-531-7068
     Fax: 727- 535-2086
     E-mail: jake@jakeblanchardlaw.com

                 About 17062 Comunidad De Avila Trust

17062 Comunidad De Avila Trust filed its voluntary petition for
relief under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla.
Case No. 21-04130) on Aug. 6, 2021, listing up to $500,000 in
assets and up to $1 million in liabilities.  Judge Catherine Peek
McEwen oversees the case.  Jake C. Blanchard, Esq., at Blanchard
Law, P.A., is the Debtor's legal counsel.


4202 PARTNERS: Jan. 13, 2022 Plan Confirmation Hearing Set
----------------------------------------------------------
On Oct. 26, 2021, 4202 Fort Hamilton Debt LLC, plan proponent and
secured creditor of 4202 Partners LLC, filed with the U.S.
Bankruptcy Court for the Eastern District of New York a Fourth
Amended Chapter 11 Plan and a Third Amended Disclosure Statement
for debtor 4202 Partners LLC.

On Nov. 14, 2021, Judge Nancy Hershey Lord approved the Amended
Disclosure Statement and ordered that:

     * Jan. 13, 2022, at 2:00 p.m., is the hearing to consider
acceptance or rejection of the Lender's Plan, confirmation of the
Lender's Plan, and any objections as may be made thereto.

     * Dec. 30, 2021, is fixed as the last day to file any
objection to the confirmation of the Lender's Plan.

     * Jan. 3, 2022, at 5:00 p.m., is fixed as the last day to
deliver all Ballots voting in favor of or against the Lender's
Plan.

     * Jan. 10, 2022, at 5:00 p.m., is fixed as the last day to
file any replies or other papers in response to an objection to
confirmation.

A copy of the order dated Nov. 14, 2021, is available at
https://bit.ly/3DmuuUd from PacerMonitor.com at no charge.

Attorneys for 4202 Fort Hamilton Debt LLC:

   Jerry Montag, Esq.
   Seyfarth Shaw LLP
   620 8th Avenue
   New York, NY 10018
   Telephone: (212) 218-4646
   Facsimile: (917) 344-1339
   E-mail: jmontag@seyfarth.com

         - and -

   M. Ryan Pinkston, Esq.
   Seyfarth Shaw LLP
   560 Mission Street, Suite 3100
   San Francisco, CA 94105
   Telephone: (415) 544-1013
   Facsimile: (415) 397-8549
   E-mail: rpinkston@seyfarth.com

                        About 4202 Partners

4202 Partners LLC, based in Brooklyn, NY, filed a Chapter 11
petition (Bankr. E.D.N.Y. Case No. 20-42438).  In the petition
signed by Samuel Pfeiffer, manager, the Debtor listed $6,500,000 in
assets and $12,403,577 in liabilities.  Goldberg Weprin Finkel
Goldstein LLP serves as bankruptcy counsel to the Debtor.


4218 PARTNERS: Jan. 13, 2022 Plan Confirmation Hearing Set
----------------------------------------------------------
On Oct. 26, 2021, Maguire Ft. Hamilton LLC, a secured creditor of
4218 Partners LLC and Plan proponent, filed with the U.S.
Bankruptcy Court for the Eastern District of New York Third Amended
Disclosure Statement in support of its Fourth Amended Chapter 11
Plan of Liquidation for the Debtor.

On Nov. 14, 2021, Judge Nancy Hershey Lord approved the Amended
Disclosure Statement and ordered that:

     * Jan. 13, 2022 at 2:00 p.m. is the hearing to consider
acceptance or rejection of the Lender's Plan, confirmation of the
Lender's Plan, and any objections as may be made thereto.

     * Dec. 30, 2021 is fixed as the last day to file any objection
to the confirmation of the Lender's Plan.

     * Jan. 3, 2022 at 5:00 p.m. is fixed as the last day to
deliver all Ballots voting in favor of or against the Lender's
Plan.

     * Jan. 10, 2022 at 5:00 p.m. is fixed as the last day to file
any replies or other papers in response to an objection to
confirmation.

A copy of the order dated Nov. 14, 2021, is available at
https://bit.ly/30xCAvf from PacerMonitor.com at no charge.

Counsel for Maguire Ft. Hamilton LLC, Plan Proponent for 4218
Partners LLC:

   Leslie A. Berkoff, Esq.
   Moritt Hock & Hamroff LLP
   400 Garden City Plaza
   Garden City, NY 11530
   Telephone: (516) 873-2000

                      About 4218 Partners

4218 Partners LLC owns the property located at 4218 Fort Hamilton
Parkway, Brooklyn, New York, as well as, all rights attendant to
such property.

4218 Partners LLC, and 175 Pulaski RLM LLC, based in Brooklyn,
N.Y., sought Chapter 11 protection (Bankr. E.D.N.Y. Lead Case No.
19-44444) on July 21, 2019.  In the petitions signed by Joseph
Fischman, manager, 4218 Partners estimated assets of $10 million to
$50 million and liabilities of $1 million to $10 million; and 175
Pulaski estimated assets and liabilities of $1 million to $10
million.  The cases are assigned to the Hon. Nancy Hershey Lord.
Nutovic & Associates is the Debtors' attorney.

On May 21, 2021, Lender Maguire Ft. Hamilton filed an Amended
Chapter 11 Plan of Reorganization for Debtor 4218 Partners, which
Plan provides for the sale, free and clear of liens, claim, and
encumbrances of the Debtor's 4218 Property.  MORITT HOCK & HAMROFF
LLP represents Maguire.


ALTO MAIPO: Case Summary & 27 Largest Unsecured Creditors
---------------------------------------------------------
Two affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

    Debtor                                        Case No.
    ------                                        --------
    Alto Maipo Delaware LLC (Lead Case)           21-11507
    Los Conquistadores 1730
    Piso 10
    Santiago, Chile

    Alto Maipo SpA                                21-11508
    Los Conquistadores 1730
    Piso 10
    Santiago, Chile

Business Description: Alto Maipo's primary business purpose is the
                      construction and eventual operation of a
                      large run-of-river hydroelectric project
                      in the Andes Mountains, approximately 30
                      miles southeast of Santiago, Chile.
                      Construction of the Project is currently
                      expected to reach commercial operation in
                      the first half of 2022, after which Alto
                      Maipo will provide clean, renewable energy
                      to power Chile's economy.

Chapter 11 Petition Date: November 17, 2021

Court: United States Bankruptcy Court
       District of Delaware

Judge: Hon. Karen B. Owens

Debtor's Counsel: Pauline K. Morgan, Esq.
                  Sean T. Greecher, Esq.
                  YOUNG CONAWAY STARGATT & TAYLOR, LLP
                  Rodney Square
                  1000 North King Street
                  Wilmington, DE 19801
                  Tel: (302) 571-6600
                  Fax: (302) 571-1253
                  Email: pmorgan@ycst.com
                         sgreecher@ycst.com


                    - and -

                  Richard J. Cooper, Esq.
                  Luke A. Barefoot, Esq.
                  Jack Massey
                  CLEARY GOTTLIEB STEEN & HAMILTON LLP
                  One Liberty Plaza
                  New York, NY 10006
                  Tel: (212) 225-2000
                  Fax: (212) 225-3999
                  Email: rcooper@cgsh.com
                         lbarefoot@cgsh.com
                         jamassey@cgsh.com

Debtors'
Restructuring
Advisor:          LAZARD FRERES & CO. LLC
                  AND LAZARD CHILE S.P.A.

Debtors'
Financial
Advisor:          ALIXPARTNERS LLP

Debtors'
Claims &
Noticing
Agent:            PRIME CLERK LLC

Estimated Assets: $1 billion to $10 billion

Estimated Liabilities: $1 billion to $10 billion

The petitions were signed by Javier Dib, Board president and chief
restructuring officer.

Full-text copies of the petitions are available for free at
PacerMonitor.com at:

https://www.pacermonitor.com/view/NRT2PMQ/Alto_Maipo_Delaware_LLC__debke-21-11507__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/SWL2E6A/Alto_Maipo_SpA__debke-21-11508__0001.0.pdf?mcid=tGE4TAMA

Consolidated List of Debtors' 27 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Strabag SPA                       Operational        $3,427,280
Alonso D Cordova 4355                   Vendor
of 1001
Vitacura, Chile
Philipp Rainer
Tel: (2) 3203-6610
Email: chile@strabag.com

2. Voith Hydro S.A.                  Operational        $1,475,400
Av. Nueva Tajamar 481                   Vendor
Torre Norte of 302
Las Condes, Chile
Guillermo Neira
Tel: +56 2 22443213
Email: guillermo.neira@voith.com

3. Seguros Generales                  Insurance         $1,147,500
Suramericana S.A.
Avenida Providencia 1760 Piso 3
Providencia, Chile
Marcelo Toledo (broker)
Tel: 600 411 1000
Fax: marcelo.toledo@willistowerswatson.com

4. Andritz Hydro GMBH.           Operational Vendor       $866,130
Eibesbrunnergasse 20
1120 Viena
Austria
Andreas Kronsteiner
Tel: 435080553959
Fax: 435080551016
Email: andreas.kronsteiner@andritz.com

5. Tesoreria Gral.                      Tax               $800,000
de la Republica
Teatinos 28
Santiago, Chile
Cristian Vargas Bugueno (Jefe Division Juridica)
Tel: 600 4000 444
Website: https://tgr.cl/contacto/

6. Voith Hydra Ltda.               Operational Vendor     $546,098
Av. Nueva Tajamar 481
Torre Norte of 302
Las Condes, Chile
Guillermo Neira
Tel: +56 2 22443213
Email: guillermo.neira@voith.com

7. Andritz Chile Limitada          Operational Vendor     $486,380
  
Isidora Goyenechea 3200 of 202
Las Condes, Santiago
Chile
Marcelo Henriquez
Tel: 56-2-4624600
Fax: 56-2-4624646
Email: Marcelo.henriquez@andritz.com

8. Claro Chile S.A.                Operational Vendor      $62,579
El Salto 5450
Huechuraba, RM
Chile
Jose Ignacio Gonzalez Cejas
Tel: +56 2 2582 5000
Email: asuntoscorporativos@clarochile.cl

9. Vergara Galindo Correa          Operational Vendor      $30,000
La Concepcion 141
of 1106
Providencia, Santiago
Chile
Maria Eugenia Armisen
Tel: +(562) 223 680 77
Fax:: contacto@vgcabogados.cl

10. Seguros de Vida                    Insurance           $24,000
Suramericana S.A.
Avenida Providencia 1760 piso 4
Providencia, Chile
Daniel Mallea
Tel: +56 9 6907 2660
Email: danielmallea@nexoseguros.cl

11. Centro de Ecologia             Operational Vendor      $20,000
Aplicada Ltda   
Suecia 3304
Nunoa, Santiago
Chile
Viviana Vasquez
Tel: 56-2-24491250
Email: vvasquez@cea.cl

12. Inversiones Menevado           Operational Vendor      $20,000
Dos Limitada
Espoz 3150
of. 401
Santiago, Chile
Juan Pablo Domenech
Tel: 56225773673
Email: jpdomenech@megeve.cl

13. Fundacion AES Gener            Operational Vendor      $12,000
Los Conquistadores 1730
piso 10
Providencia, Santiago
Chile
Adriana Roccaro
Tel: 26804871
Email: adriana.roccaro@aes.com

14. Turismo Cocha S.A.             Operational Vendor      $11,185
Av. El Bosque Norte 0430
Las Condes, Santiago
Chile
Rosario Vargas
Tel: 5624641010
Email: rvargas@cocha.com

15. Asesorias E. Inversiones       Operational Vendor      $10,000
A&P Limitad
Malaga 339
Las Condes, Santiago
Chile
Nicolas Cannoni Mandujano
Tel: (56-2) 22456616
Email: aillanes@amlv.cl

16. EY Servicios Profesionales     Operational Vendor      $10,000
De Audit
Av. Presidente Riesco 5435
Piso 4
Las Condes, Santiago
Chile
Ruben Cordova
Tel: 26761000
Email: ruben.cordova@cl.ey.com

17. Ingenieria Y Construccion       Operational Vendor      $6,000
Ingexa
Av. Jose Arrieta 7256
La Reina
Santiago, Chile
Christian San Martin
Tel: 226082778
Email: csanmartin@ingexa.cl

18. Conic - BF Ingenieros Civiles  Operational Vendor       $6,000
Maitenes 2387
Providencia, Santiago
Chile
Raul Demangel
Tel: 222054095
Email: dborquez@conicbf.cl

19. Consultora Pamela              Operational Vendor       $6,000
Andrea Lathrop Va
Blanco 1215
Depto. 403 E MA
Valparaiso
Chile
Pamela Lathrop
Tel: 992519543
Email: plathrop@lathropconsultores.cl

20. Vector Servicios Y             Operational Vendor       $4,126
Asesorias SA
Los Alerces 2117
Nunoa, Santiago
Chile
Mauricio
Tel: 23995000
Email: mlopez@vector.cl

21. Servital Automotriz SA         Operational Vendor       $2,889
Av. Las Condes 12360
Lo Barnechea
Chile
Wendy Mora
Tel: +56 2248 0828
Email: administracion@servital.cl

22. Tooldata SpA                   Operational Vendor       $2,529
Javiera Carrera 340
Oficina 200
Cerro Los Placeres, Valparaiso
Chile
Jorge Galvez
Tel: +56990889033
Email: jorge@tooldata.io

23. Felix Javier Munoz Diaz        Operational Vendor       $1,572
Avenida Salvador 880
Block A Depto. 1105
Providencia, Santiago
Chile
Tel: 966560656
Email: FJMD2009@GMAIL.COM

24. Proveedores Integrales        Operational Vendor        $1,553
Prisa S.A.
Las Rosas 5757
Cerrillos, Santiago
Chile
Mario Moreno
Tel: 56-2-28206080
Email: mmorenoi@prisa.cl

25. SGS Chile Limitada            Operational Vendor        $1,375
Sociedad
Puerto Madero 130
Pudahuel, Santiago
Chile
Braulio Esteban Vera Garcia
Tel: 56939237086
Email: Braulio.Vera@sgs.com

26. Tamara Noemi Miranda Ceron    Operational Vendor          $271
Salitrera Pedro de Valdivia 2322
Villa Portal Andino, Puente Alto
Chile
Tel: 973350804
Email: Tnmc80@gmail.com

27. Carlos Felipe Garin Aguilar   Operational Vendor          $164
Grecia 757 Depto 30
Nunoa, SANTIAGO
Chile
Tel: 56994281712
Email: cfgarin@gmail.com


ALTO MAIPO: Chilean Project Hits Chapter 11 Bankruptcy in U.S.
--------------------------------------------------------------
AES Andes announced that its subsidiary Alto Maipo SpA has
commenced a reorganization proceeding in accordance Chapter 11 of
the U.S. Bankruptcy Code, through a voluntary petition that was
filed Nov. 17, 2021.

Alto Maipo SpA said in a statement that it has filed for Chapter
11, Title 11
of the United States Code through a Pre Arranged financial
restructuring agreement
reached with its creditors, with the aim of initiating a financial
reorganization process.  

This process is intended to create a sustainable long-term capital
structure
maximizing recovery for all of its creditors and ensuring the
liquidity necessary to meet the short-term obligations for the
start-up of the project.  Upon completion of this reorganization
process, the company expects to emerge financially strengthened and
fully focused on the production and sale of energy.

The reasons for this decision are linked to the circumstances
previously
communicated, when it was informed about the update of studies and
market and
hydrology projections prepared by independent experts.  These
estimate a reduction
of more than 50% in the price of energy in different scenarios,
considering the incorporation of multiple renewable projects to the
national electricity system and in a time frame that was not
foreseen years ago.  Likewise, there was a significant decrease in
hydrology in the last 10 years, compared to the historical average,
which could mean a reduction in the expected annual generation of
the project.

Alto Maipo is currently 100% complete in the excavation of its
tunnels and 99% complete overall.  Its construction will be
completed within the costs estimated in its last restructuring and
approximately one year ahead of the dates guaranteed in the current
construction contracts.

According to the schedule, synchronization and system injection
tests of the units  that make up the project will begin in
December, and commercial operation will start by the end of March
2022.

Alto Maipo, which will produce renewable energy equivalent to the
consumption of
up to one million Chilean homes, consists of two run-of-river power
plants, Alfalfal II and Las Lajas, which together will have an
installed capacity of 531 MW.

Reuters notes that the project has been strongly opposed by social
and environmental groups who argue that its operation would affect
the water supply in the Chilean capital.

                         $1 Billion Loss

The AES Corporation said in a regulatory filing it is no longer
considered to have control over Alto Maipo and, therefore, in
accordance with ASC 810-10-15-10, will derecognize from its
Consolidated Statement of Financial Position the assets and
liabilities of Alto Maipo and recognize an after-tax loss of
approximately $800 million - $1 billion, net of non-controlling
interests, in the Consolidated Comprehensive Income Statements for
the fourth quarter of 2021, associated with the loss of control
attributable to the former controlling interest.  This development
has no impact on AES Corp.'s liquidity needs as no dividends have
been received or were anticipated to be received from Alto Maipo.

                        About Alto Maipo

Alto Maipo owns the Alto Maipo Hydroelectric Project, outside
Santiago, Chile, which is currently under construction.  The
project comprises two run-of-the-river plants with a combined
installed capacity of 531 megawatts.  The run-of-the-river project
is a joint venture between US utility subsidiary AES Gener and
Chilean mining company Antofagasta Minerals (AMSA).

Alto Maipo Delaware LLC and affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 21-11507) on Nov. 17, 2021.  In its
filing, Alto Maipo Delaware LLC estimated liabilities between $1
billion and $10 billion and estimated assets between $1 billion and
$10 billion.

The cases are handled by Honorable Judge Karen B. Owens.

Sean T. Greecher, of Young, Conaway, Stargatt & Taylor, is the
Debtors' counsel.


B N EMPIRE: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
The U.S. Trustee for Region 21, until further notice, will not
appoint an official committee of unsecured creditors in the Chapter
11 case of B N Empire, LLC, according to court dockets.
    
                       About B N Empire LLC
  
B N Empire, LLC, owner of a shopping center in Temple Terrace,
Fla., filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
21-04509) on Aug. 30, 2021, listing up to $50,000 in assets and up
to $10 million in liabilities.  Rajesh Bahl, manager, signed the
petition.  Judge Roberta A. Colton oversees the case.

The Law Firm of M. Vincent Pazienza, P.A. and Latham, Luna, Eden &
Beudine, LLP represent the Debtor as legal counsel.

Hoffman, Larin & Agnetti, P.A. represents Elizon DB Transfer Agent,
LLC, secured creditor.


B.R.H. CONSULTANTS: Seeks to Hire Derbes Law Firm as Legal Counsel
------------------------------------------------------------------
B.R.H. Consultants, Inc. seeks approval from the U.S. Bankruptcy
Court for the Middle District of Louisiana to employ The Derbes Law
Firm, LLC to serve as legal counsel in its Chapter 11 case.

The firm's services include:

   a. advising the Debtor with respect to its rights, powers and
duties in the continued operation and management of its business
and property;

   b. preparing and pursuing confirmation of a plan of
reorganization and approval of a disclosure statement;

   c. preparing legal documents and reviewing all financial reports
to be filed;

   d. advising the Debtor concerning and preparing responses to
legal documents, which may be filed by other parties;

   e. appearing in court;

   f. seeking court approval to use cash collateral and obtain
post-petition financing;

   g. assisting in the negotiation and documentation of financing
agreements, cash collateral orders and related transactions;

    h. investigating the nature and validity of liens asserted
against the property of the Debtor, and advising the Debtor
concerning the enforceability of said liens;

   i. investigating and taking the necessary action to collect
income and assets in accordance with applicable law, and recover
property for the benefit of the Debtor's estate;

   j. assisting the Debtor in connection with any potential
property dispositions;

   k. advising the Debtor concerning executory contract and
unexpired lease assumption, assignment or rejection, and lease
restructuring and recharacterization;

   l. assisting the Debtor in reviewing, estimating and resolving
claims asserted against the Debtor's estate;

   m. commencing and conducting litigation necessary and
appropriate to assert rights held by the Debtor, protect assets of
the Debtor's estate or otherwise further the goal of completing the
Debtor's successful reorganization; and

   n. performing all other legal services for the Debtor.

The firm's hourly rates are as follows:

     Attorneys               $250 to $425 per hour
     Paralegals              $80 per hour

Derbes Law Firm received from the Debtor a retainer in the amount
of $7,000.  The firm will also be reimbursed for out-of-pocket
expenses incurred.

Patrick Garrity, Esq., a partner at Derbes Law Firm, disclosed in a
court filing that his firm is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Patrick S. Garrity, Esq.
     The Derbes Law Firm, LLC
     3027 Ridgelake Dr.
     Metairie, LA 70002
     Tel: (504) 207-0920
     Fax: (504) 684-5507
     Email: pgarrity@derbeslaw.com

                   About B.R.H. Consultants Inc.

B.R.H. Consultants, Inc. filed a petition for Chapter 11 protection
(Bankr. M.D. La. Case No. 21-10515) on Nov. 2, 2021, listing as
much as $10 million in both assets and liabilities.  Brent S.
Honore, president of B.R.H. Consultants, signed the petition.  

Patrick S. Garrity, Esq., at The Derbes Law Firm, LLC is the
Debtor's legal counsel.


CARESTREAM DENTAL: Moody's Rates New First Lien Loans 'B2'
----------------------------------------------------------
Moody's Investors Service downgraded the ratings of Carestream
Dental Technology, Inc.'s existing first lien senior secured term
loan and revolver, due in 2024 and 2022 respectively, to B2 from
B1. The ratings downgrade follows the company's decision to change
the terms of previously announced complete-refinancing transaction.
Moody's further assigned B2 rating to the company's proposed $100
million first lien revolver and $335 million first lien
non-fungible add-on term loan both due 2024, and Caa2 rating to
$160 million second lien term loan due 2025.

The revised plan is leverage neutral, there is no change to
Carestream Dental's B3 Corporate Family Rating ("CFR") and B3-PD
Probability of Default Rating that were last revised on October 28,
2021. The outlook remains stable.

On November 15, 2021, the company announced that it has decided not
to go ahead with the full refinancing of its debt after reviewing
the market conditions. The company will instead raise additional
debt through add-ons to its existing first and second lien credit
facilities. According to the revised plan, Carestream Dental will
raise new money through $335 million and $160 million non-fungible
add-ons to the existing senior secured first and second lien term
loans due 2024 and 2025 respectively. Proceeds from the new
financing along with approximately $32 million in internal cash
will be used to pay approximately $513 million in shareholder
dividend and transaction fees.

Rating downgraded:

Issuer: Carestream Dental Technology, Inc.

$375 million senior secured first lien term loan due 2024
downgraded to B2 (LGD3) from B1 (LGD3)

$80 million senior secured first lien revolver due 2022 downgraded
to B2 (LGD3) from B1 (LGD3)

Ratings assigned:

Issuer: Carestream Dental Technology, Inc.

Proposed $100 million senior secured first lien revolver due 2024,
assigned B2 (LGD3)

Proposed $335 million non-fungible add-on to senior secured first
lien term loan due 2024, assigned B2 (LGD3)

Proposed $160 million non-fungible add-on to senior secured second
lien term loan due 2025, assigned Caa2 (LGD5)

Outlook Actions:

Issuer: Carestream Dental Technology, Inc.

Outlook, remains stable

RATINGS RATIONALE

Carestream Dental's B3 Corporate Family Rating reflects Moody's
expectations that the company's leverage after the newly proposed
add-on transaction will approach 7.3 times on pro forma basis as of
June 30, 2021 The rating also reflects the company's limited scale
and significant competition from larger firms, many of which have
substantially greater resources. The company benefits from its good
market position in the digital dental equipment business, and the
positive longer-term trends for dental services. Carestream
Dental's credit profile is also bolstered by its dental practice
management software segment, which provides stable earnings and
cash flows given the essential nature of the product and high
switching costs for its clients.

The rating also reflects the company's very good liquidity profile
with total liquidity of approximately 20 million in cash and full
access to a $100 million revolving credit facility post refinancing
transaction.

The stable outlook reflects the company's very good liquidity,
stable operations and ability to manage financial leverage down in
6.0x-7.0x range in the next 12-18 months.

The first lien senior secured credit facilities are rated B2, one
notch above the B3 Corporate Family Rating. This reflects their
first priority position in the capital structure and the benefit of
loss absorption provided by the second lien term loan, which is
rated Caa2.

Social and governance considerations are material to Carestream
Dental's ratings. Medical device companies such as Carestream
Dental face moderate social risk. However, they regularly encounter
elevated elements of social risk, including responsible production
as well as other social and demographic trends. Risks associated
with responsible production include compliance with regulatory
requirements for the safety of medical devices as well as adverse
reputational risks arising from recalls, safety issues, or product
liability litigation. Medical device companies will generally
benefit from demographic trends, such as the aging of the
populations in developed countries. Dental companies have somewhat
less pressure from payors as a lower level of costs is by
commercial and government payors. Moody's believes the near-term
risks to pricing are manageable, but rising pressures may evolve
over a longer period. With respect to governance, Moody's expects
Carestream Dental's financial policies to remain aggressive due to
its ownership by private equity investors Clayton Dubilier & Rice
(CD&R) and CareCapital Advisors Limited (CareCapital) an affiliate
of Hillhouse Capital Management. Moody's views the use of
incremental debt to fund shareholder dividends as an aggressive
financial policy.

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

Ratings could be upgraded if the company continues to demonstrate
growth in sales while maintaining its high margins, indicating it
continues to be a successful standalone company. Quantitatively,
ratings could be upgraded if debt/EBITDA is sustained below 6 times
while maintaining good liquidity.

Ratings could be downgraded if the company's operating performance
deteriorates, liquidity erodes, or free cash flow is negative for a
sustained period.

Headquartered in Atlanta, GA, Carestream Dental is a manufacturer
of dental imaging systems and a provider of dental practice
management software. The company is owned by affiliates of Clayton,
Dubilier & Rice and CareCapital Advisors. Revenues are
approximately $454 million.

The principal methodology used in these ratings was Medical
Products and Devices published in October 2021.


CARLSON TRAVEL: Exits Chapter 11, To Invest in Business Travel Tech
-------------------------------------------------------------------
CWT, the Business-to-Business-for-Employees (B2B4E) travel
management platform, on Nov. 12 announced it will invest $100
million in the myCWT travel management platform and innovative
product offering as it moves forward to implement its previously
announced recapitalization plan.  

That plan was approved ("confirmed") by a court in Nov. 12, 2021,
in an expedited legal process with the overwhelming support of
CWT's financial stakeholders. The recapitalization plan provides
CWT with $350 million of new equity capital to reinvest in the
business, eliminates approximately half of the Company’s debt and
provides for all business partners and other providers of goods and
services to CWT to be paid in full.

Michelle McKinney Frymire, CWT’s Chief Executive Officer,
commented, "We are pleased to have received prompt court approval
of the agreement we reached with CWT's financial stakeholders,
which positions the Company for long-term success and provides
significant financial resources to further grow and develop our
business.  Having reached this important milestone, we are now able
to move beyond the pandemic and accelerate investments that create
innovative programs and industry-leading experiences, including an
enhanced myCWT platform.  As business travel continues to recover,
we look forward to building on our momentum, continuing to advance
our strategic priorities for the benefit of our customers, partners
and other stakeholders, and delivering exceptional experiences for
our customers, travelers and attendees.

"On behalf of the leadership team, I thank all of our CWT
colleagues for continuing to perform at the highest level despite
the challenges created by the pandemic. I am tremendously proud of
the many improvements we have already implemented, laying a strong
foundation for our future.  I also want to thank our financial
stakeholders for their continued support and confidence in CWT, our
strategy and services, and, most of all, our great people," Ms.
McKinney Frymire added.

        Technology and Sustainable Product Investment Plans

CWT's initial $100 million investment in myCWT and its innovative
product offering, including the further enhancement of its
sustainable proposition, will be focused on augmenting CWT's
existing omni-channel experience, enabling it to continue its
pre-pandemic track record of strong growth, and enhancing the
existing sustainable solutions it provides for its customers and
their travelers. This will include expanding CWT's breadth and
depth of omni-channel content, travel comparison capabilities,
analytical reporting, and choice and availability of sustainable
travel solutions to further enhance the point-of-sale experience
for travelers and carbon footprint details to enable
better-informed decision-making.  Additional details about CWT's
investment plans will be announced in the near term.

As the recovery in business travel and meetings and events gains
momentum, the targeted investments build on the Company's strategic
development plans implemented during the pandemic, which have
enabled customers to benefit from:

  * Patented algorithm search applications;
  * A true omni-channel experience;
  * More efficient follow-the-sun servicing capabilities;
  * An enhanced digital hotel booking experience;
  * Refined data analytics for greater insight and improving ROI;
and
  * Dedicated resources and services to enable a safe and secure
return to travel.

                       Recapitalization Plan

Key terms of the recapitalization plan include:

  * Adding $350 million of new equity capital into the business;

  * Eliminating approximately half of CWT’s $1.6 billion in
debt;

  * Providing CWT with substantial long-term liquidity;

  * Providing for CWT’s financial stakeholders to become the
Company’s new owners; and

  * Providing for all business partners and other providers of
goods and services to CWT to be paid in full.

Kirkland & Ellis LLP is serving as legal adviser, Houlihan Lokey is
serving as financial adviser, AlixPartners LLP is serving as
restructuring adviser and Shearman & Sterling LLP is serving as
corporate finance counsel to CWT in connection with the
recapitalization process. Stroock & Stroock & Lavan LLP and Paul,
Weiss, Rifkind, Wharton & Garrison LLP are serving as legal
advisors and Rothschild & Co. and Evercore are serving as financial
advisors to groups of CWT's noteholders.

                    About Carlson Travel Inc.

Headquartered in Minneapolis, Minnesota, Carlson Travel Inc., known
as CWT, is a Business-to-Business-for-Employees (B2B4E) travel
management platform.  CWT manages business travel, meetings,
incentives, conferencing, exhibitions, and handles event management
across six continents.  Pre-pandemic, the Company handled 100
meetings and events and talked to almost 60,000 travelers DAILY.
The Company reported total transaction volume US$24.8 billion in
2019.

Carlson Travel Inc. and 37 affiliates, including Carlson Travel
Holdings, Inc., sought Chapter 11 protection (Bankr. S.D. Tex. Lead
Case No. 21-90017) on Nov. 11, 2021.  The case is handled by
Honorable Judge Marvin Igur.  In its petition, CWT listed assets
and liabilities of as much as $1 billion each.  

Kirkland & Ellis LLP is serving as legal adviser, Houlihan Lokey is
serving as financial adviser, AlixPartners LLP is serving as
restructuring adviser and Shearman & Sterling LLP is serving as
corporate finance counsel to CWT in connection with the
recapitalization process.


CBAK ENERGY: Posts $20 Million Net Income in Third Quarter
----------------------------------------------------------
CBAK Energy Technology, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing net income
of $20.02 million on $9.56 million of net revenues for the three
months ended Sept. 30, 2021, compared to net income of $41,715 on
$10.62 million of net revenues for the three months ended Sept. 30,
2020.

For the nine months ended Sept. 30, 2021, the Company reported net
income of $52.35 million on $24.87 million of net revenues compared
to a net loss of $3.51 million on $22.15 million of net revenues
for the nine months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $190.71 million in total
assets, $68.51 million in total liabilities, and $122.20 million in
total equity.

The Company has financed its liquidity requirements from long-term
and short-term bank loans, other short-term loans and bills payable
under bank credit agreements, advances from its related and
unrelated parties, and issuance of capital stock and other
securities to investors.

As of Sept. 30, 2021, the Company had cash and cash equivalents and
restricted cash of $17.5 million.  Its total current assets were
$59.6 million and its total current liabilities were $49.4 million,
resulting in a net working capital of $10.2 million.

"We had an accumulated deficit from recurring losses from
operations and short-term debt obligations as of December 31, 2020
and September 30, 2021.  As of December 31, 2020, we had a working
capital deficiency of $10.5 million.  These factors raise
substantial doubts about our ability to continue as a going
concern.  The report from our independent registered public
accounting firm for the year ended December 31, 2020 included an
explanatory paragraph in respect of the substantial doubt of our
ability to continue as a going concern.  We are currently expanding
our product lines and manufacturing capacity and developing the new
business of producing light electric vehicles in our Dalian and
Nanjing plants, which requires more funding to finance the
expansion.  We plan to renew our bank borrowings upon maturity and
raise additional funds through bank borrowings and equity financing
to meet our daily cash demands.  However, there can be no assurance
that we will be successful in obtaining such financing," the
Company stated.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001117171/000121390021059018/f10q0921_cbakenergy.htm

                         About CBAK Energy

Liaoning Province, People's Republic of China-based CBAK Energy --
www.cbak.com.cn -- is a manufacturer of new energy high power
lithium batteries that are mainly used in light electric vehicles,
electric vehicles, electric tools, energy storage including but not
limited to uninterruptible power supply (UPS) application, and
other high-power applications.  Its primary product offering
consists of new energy high power lithium batteries, but it is also
seeking to expand into the production and sale of light electric
vehicles.

CBAK Energy reported a net loss of $7.85 million for the year ended
Dec. 31, 2020, compared to a net loss of $10.85 million for the
year ended Dec. 31, 2019.  As of June 30, 2021, the Company had
$192.17 million in total assets, $90.34 million in total
liabilities, and $101.84 million in total equity.

Hong Kong, China-based Centurion ZD CPA & Co., the Company's
auditor since 2016, issued a "going concern" qualification in its
report dated April 13, 2021, citing that the Company has a working
capital deficiency, accumulated deficit from recurring net losses
and significant short-term debt obligations maturing in less than
one year as of Dec. 31, 2020.  All these factors raise substantial
doubt about its ability to continue as a going concern.


CENTRO GROUP: 11th Cir. Junks Appeal From 3rd Party Releases
------------------------------------------------------------
On April 25, 2018, ProHCM Holdings, Inc., and Centro Group, LLC,
entered into a merger agreement.  Both companies provided
businesses with payroll and human resource management services.
Centro specifically processed payroll for its clients by
withdrawing money from its clients' bank accounts and disbursing
funds to its clients' employees and taxing authorities.

After completion of the merger, ProHCM discovered through a
whistleblower that Centro had been misappropriating client funds.
An investigation revealed Centro officers and directors had
misappropriated money from its clients' escrow accounts which held
payroll taxes resulting in over $1.7 million in tax liability --
excluding penalties and interest.  The Centro officers and
directors responsible for the misappropriation of its clients'
funds likely included the former CEO of Centro, Christopher Green,
as well as former Centro directors Giraldo Leyva, Jr., Jeffrey
Hicks, Michael Moran, and Richard Kahle. Joseph Markland, CEO of
ProHCM pre-merger, subsequently replaced Green as the CEO of both
companies shortly before the companies were forced to file for
Chapter 11 bankruptcy on October 23, 2018.

During the bankruptcy proceedings, the trustee assigned to the case
appointed a committee of creditors holding unsecured claims. Centro
and ProHCM initially reached an agreement to address the allocation
of their respective assets and liabilities, and the bankruptcy
court approved the agreement. Thereafter, Centro and ProHCM
determined that they could assert claims against several third
parties. Following that determination, Centro, ProHCM, and the
Committee reached a proposed settlement with the third parties,
including the Centro officers and directors likely responsible for
the misappropriation of clients' funds.

As part of the proposed settlement, the parties agreed to a
provision -- known as a Bar Order -- that released third parties
from any claims directly or indirectly related to Centro's and
ProHCM's respective bankruptcies.  Markland, now former CEO of
ProHCM and the largest holder of the company's preferred shares,
objected to the Bar Order, arguing that the Bar Order would prevent
him from asserting claims against potentially culpable third
parties.  Markland was the only party to object to the proposed
settlement.

The bankruptcy court ultimately approved the proposed settlement
containing the Bar Order over Markland's objections in an amended
and supplemental order.  In doing so, the bankruptcy court applied
the factors from In re Munford, 97 F.3d 449 (11th Cir. 1996) to
specifically assess whether to approve the provision containing the
Bar Order.

Markland appealed to the district court, saying the bankruptcy
court erred in applying the Munford factors because it should have
instead applied the factors from In re Seaside Engineering &
Surveying, Inc., 780 F.3d 1070 (11th Cir. 2015). After briefing
from the parties, the district court affirmed the bankruptcy
court's order, finding that the Munford factors as opposed to the
Seaside factors applied to the set of facts giving rise to the Bar
Order. Markland timely appealed to the U.S. Eleventh Circuit Court
of Appeals.

Markland argues that the bankruptcy court failed to apply the
correct legal framework when assessing whether to approve a
provision of a settlement agreement enjoining claims against third
parties related to or arising out of the bankruptcy action. The
Appellees, several parties in favor of the settlement agreement,
respond that the bankruptcy court's order is factually and legally
correct.

The Eleventh Circuit affirmed, finding that the bankruptcy court
did not abuse its discretion in approving the settlement agreement.
The issue on appeal is whether the bankruptcy court abused its
discretion when it determined that the assessment of whether to
approve the Bar Order is controlled by the Munford factors as
opposed to the Seaside factors. Markland argues that both the
bankruptcy court and the district court erred because the Seaside
factors apply to the Bar Order since Centro and ProHCM filed
Chapter 11 bankruptcies as reorganizations. Appellees respond that
neither court erred because Munford applies where a bar order is
essential to a litigation agreement whereas Seaside applies where a
bar order is presented as part of a plan of reorganization.

In Munford, a company filed for Chapter 11 bankruptcy after an
unsuccessful leveraged buy-out. The parties eventually reached a
settlement agreement, which contained a bar order permanently
enjoining the non-settling defendants from pursuing claims against
a third party. The bankruptcy court entered an order approving the
settlement agreement and bar order, which the district court
affirmed. On appeal, the non-settling defendants attacked the
bankruptcy court's authority to approve the bar order. This court
found that bankruptcy courts can "enter bar orders where such
orders are integral to settlement in an adversary proceeding." The
Court also provided that certain factors should be assessed to
reasonably determine whether a bar order is fair and equitable,
including: (1) "the interrelatedness of the claims that the bar
order precludes"; (2) "the likelihood of the non-settling
defendants to prevail on the barred claim"; (3) "the complexity of
the litigation"; and (4) "and the likelihood of depletion of the
resources of the settling defendants." The Court concluded that the
bar order was necessary because at least one of the parties "would
not have entered into the settlement agreement" without it, and as
such, it was "integral" to the settlement.

Nearly 20 years later in Seaside, an engineering firm filed for
Chapter 11 bankruptcy and submitted a reorganization plan which
proposed that the firm reorganize and continue operations under a
new name.  The plan also included a bar order that prohibited
lawsuits against the company (pre- or post-reorganization) and the
company's officers related to or arising out of the bankruptcy. The
bankruptcy court approved the settlement containing the bar order.
A creditor appealed the approval of the bar order. The district
court affirmed, and the creditor further appealed.

The Eleventh Court explained that Seaside is factually
distinguishable from Munford because the cases considered
non-comparable bar orders. The Court upheld the bar order in
Munford because it was integral to reaching a settlement agreement
between the parties. Different from the settlement context in
Mumford, the bar order at issue in Seaside was upheld because it
was deemed necessary for the reorganized entity to succeed.

The Court looked to other circuits for guidance regarding treatment
of bar orders in reorganization plans and adopted a seven-factor
test used by the Fourth and Sixth Circuits to assess whether such a
bar order is appropriate.  After reviewing the bankruptcy court's
application of these seven factors, the Court held that the
bankruptcy court did not abuse its discretion in approving the bar
order.

Markland correctly pointed out that both Centro and ProHCM filed
bankruptcy as Chapter 11 reorganization cases. This, however, is
non-determinative of which legal standard applies when assessing
bar orders since bankruptcies filed under Chapter 11 are frequently
referred to as "reorganization" bankruptcies. Both Munford and
Seaside, for instance, arose out of bankruptcies filed under
Chapter 11 yet yielded different results. Instead, the context and
facts underlying the bar order under review determine whether
Munford or Seaside factors apply.

The Munford factors apply to bar orders assessed in the settlement
context, the Eleventh Circuit said. Such a bar order is appropriate
where the parties would not have entered into a settlement
agreement without it, and thus it is "integral" to the settlement.
The Seaside factors apply to bar orders that are specifically
within the reorganization context which is evidenced by this court
looking to other circuits to assess "unusual cases in which such an
order is necessary for the success of the reorganization."  This is
also further demonstrated by the language within the Seaside
factors themselves which reference "reorganization" and the "Plan"
several times.

According to the Eleventh Circuit, the record demonstrates that
this case is more like Munford than Seaside because the Bar Order
under review was integral to settlement. Although reorganization
may have been on the table at some point, the purpose of the Bar
Order differs from the factual context under Seaside because
neither ProHCM nor Centro sought to reorganize and continue
operations. As such, the purpose of the Bar Order is not to ensure
success for a reorganized entity by eliminating liability against
third parties but is instead to facilitate a settlement agreement.
Because Munford controls and Markland did not preserve the argument
of whether the bankruptcy court properly applied the Munford
factors, the analysis stops here.

The appeals case is JOSEPH MARKLAND, Plaintiff-Appellant, v.
MELISSA DAVIS, CPA, as Liquidating Trustee of the bankruptcy
estates of Centro Group, LLC and ProHCM Holdings, Inc., CREDITORS
COMMITTEE, LEYVA CAPITAL, LLC, GIRALDO LEYVA, JR.,
Defendants-Appellees, No. 21-11364 (11th Cir.).

A full-text copy of the Decision dated November 5, 2021, is
available at https://tinyurl.com/3wtcpy2y from Leagle.com.

                        About Centro Group

Centro Group, LLC is a full-service, wholesale group benefits,
human capital, and technology service consulting firm committed to
positioning their clients for future growth. It is headquartered in
Miami, Fla., with additional offices in the Boston and St. Louis
areas.

Centro Group and ProHCM Holdings, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case Nos. 18
23155 and 18-23156) on Oct. 23, 2018. In the petitions signed by
CEO Joseph Markland, Centro Group estimated assets of less than
$50,000 and liabilities of $1 million to $10 million.  ProHCM
disclosed $4,284,714 in assets and $4,238,898 in liabilities.

Judge Jay A. Cristol oversees the cases.

The Debtors tapped Shraiberg, Landau & Page, P.A. as their legal
counsel and Rice Pugatch Robinson Storfer & Cohen, PLLC as their
special counsel.  James F. Martin of ACM Capital Partners is the
Debtors' chief restructuring officer.

On Nov. 9, 2018, the U.S. Trustee for Region 21 appointed an
official committee of unsecured creditors in Centro Group's case.
The committee tapped Kozyak, Tropin & Throckmorton, LLP as its
legal counsel.

The court confirmed the Debtors' Chapter 11 plan of liquidation on
Dec. 17, 2020.  Melissa Davis, the official appointed as
liquidating trustee, is represented by Kozyak Tropin &
Throckmorton, LLP.


CERTA DOSE: Court Denies COPIC Bid to Transfer Ch. 11 Case Venue
----------------------------------------------------------------
The United States Bankruptcy Court for the Southern District of New
York denied the request of COPIC Insurance Company, pursuant to 28
U.S.C. Section 1412 and Fed. R. Bankr. P. 1014(a)(2), to send the
Chapter 11 case of Certa Dose, Inc., to the United States
Bankruptcy Court for the District of Colorado.  The New York
Bankruptcy Court said the preponderance of the evidence does not
support a transfer of venue of the Chapter 11 case, either in the
interest of justice or for the convenience of parties.

COPIC is a medical professional liability insurance provider
founded in 1981 by Colorado physicians and is incorporated and
headquartered in Colorado.  In 2012, the COPIC Medical Foundation
provided a grant to Dr. Caleb Hernandez, founder, chief executive
officer, and the majority shareholder of the Debtor, that funded
field testing of certain medical products.  Subsequently, from
December 2014 to March 2019, through a series of transactions,
COPIC purchased 483,824 shares of Series Seed 2 Preferred Stock of
the Debtor ("Preferred Stock") for a total of $850,000 and lent a
total of $2,231,000 to the Debtor in exchange for convertible
promissory notes ("Convertible Notes").

The Debtor and COPIC entered into a series of agreements in
connection with COPIC's purchase of Preferred Stock.

The Court held that there was no forum shopping as the Debtor has
had some operations and an office in New York since 2018 and at the
time of its Chapter 11 filing, its founder, chief executive
officer, and majority shareholder was for several years (and still
is) located in New York. As the Court has previously noted, either
New York or Colorado would have been an appropriate venue for the
Case. So, the Court found that venue is proper under 28 U.S.C.
Section 1408.

A full-text copy of the Decision dated November 4, 2021, is
available at https://tinyurl.com/bjm2rxhy from Leagle.com.

ORTIZ & ORTIZ LLP, By: Norma E. Ortiz, Esq. , Astoria, NY,
Attorneys for the Debtor.

LEWIS ROCA ROTHGERBER CHRISTIE LLP, By: Fredrick J. Baumann, Esq.
-- fbaumann@lewisroca.com -- Chadwick S. Caby, Esq. --
ccaby@lewisroca.com -- Tyler Nemkov, Esq. -- tnemkov@lewisroca.com
-- Denver, CO, Attorneys for COPIC Insurance Company.

MEDINA LAW FIRM LLC, By: Eric S. Medina, Esq. , New York, NY,
Attorneys for Dr. Caleb Hernandez.

                      About Certa Dose, Inc.

Certa Dose Inc. develops, sells and licenses pharmaceutical
products and technology. Its principal business is developing,
selling and licensing its pharmaceutical products and technology.
The Company was designated as an innovation company by Johnson &
Johnson and has received a grant and mentorship from J & J.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 21-11045) on May 30,
2021. In the petition signed by Caleb S. Hernandez, president, the
Debtor disclosed up to $50 million in assets and up to $100 million
in liabilities.

Judge Lisa G. Beckerman presides over the case.

Norma Ortiz, Esq., at Ortis & Ortiz, LLP is the Debtor's counsel.


CIRTRAN CORP: Incurs $305K Net Loss in Third Quarter
----------------------------------------------------
CirTran Corporation filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $304,648 on $961,474 of net sales for the three months ended
Sept. 30, 2021, compared to a net loss of $232,358 on $405,005 of
net sales for the three months ended Sept. 30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $882,188 on $2.28 million of net sales compared to a
net loss of $776,100 on $935,319 of net sales for the nine months
ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $1.56 million in total
assets, $43.14 million in total liabilities, and a total
stockholders' deficit of $41.57 million.

The Company has had a history of losses from operations, as its
expenses have been greater than its revenue.  The Company's
accumulated deficit was approximately $78.8 million and $77.9
million at Sept. 30, 2021, and Dec. 31, 2020, respectively.  As of
Sept. 30, 2021, and Dec. 31, 2020, the Company had current assets
of $1,217,186 and $942,442, respectively, and current liabilities
of approximately $39 million and $38.1 million, respectively,
creating working capital deficits of approximately $37.8 million
and $37.1 million, respectively, as of Sept. 30, 2021, and Dec. 31,
2020.

The Company has only nominal cash or short-term assets, while its
current liabilities aggregated approximately $39 million as of
Sept. 30, 2021.  During the nine months ended Sept. 30, 2021,
operations generated $152,353 of net cash, comprised of a loss from
continuing operations of $767,404, noncash items totaling $15,093
consisting primarily of losses recognized from the changes in fair
values of derivative liabilities and debt discount amortization,
repayment expenses paid by related parties on its behalf of
$268,924, and changes in working capital totaling $934,850.  During
the nine months ended Sept. 30, 2020, operations generated $135,415
of net cash, comprised of a net loss from continuing operations of
$660,896, noncash items totaling $418,085 consisting of losses
recognized from the changes in fair values of derivative
liabilities and expense paid by related parties on its behalf, and
changes in working capital totaling $378,226.

During the nine months ended Sept. 30, 2021, financing activities
used $214,421 of cash, compared to using $126,061 of cash during
the nine months ended Sept. 30, 2020.  Cash used in financing
activities during the nine months ended Sept. 30, 2021, consisted
of repayments of related-party loans.  Cash used in financing
activities during the nine months ended Sept. 30, 2020, consisted
of advances from convertible debentures totaling $15,000,
repayments of bank overdrafts of $1,611, repayments on
related-party payables of $270,150, advances from related parties
of $10,700, advances from loans payable of $156,000 and repayments
on loans payable $36,000.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/813716/000149315221028753/form10-q.htm

                        About Cirtran Corp

West Valley City, Utah-based CirTran Corporation is an established
global company with a diversified expertise in manufacturing,
marketing, distribution and technology in a wide variety of
consumer products, including tobacco products, medical devices and
beverages.

Spokane, Washington-based Fruci & Associates II, PLLC, the
Company's auditor since 2020, issued a "going concern"
qualification in its report dated May 14, 2021, citing that the
Company has an accumulated deficit, net losses, and working capital
deficiencies.  These factors raise substantial doubt about the
Company's ability to continue as a going concern.


CLUB 77 BAR: Taps James Joyce as Bankruptcy Attorney
----------------------------------------------------
Club 77 Bar & Grill, Inc. seeks approval from the U.S. Bankruptcy
Court for the Western District of New York to employ James Joyce,
Esq., an attorney practicing in Grand Rapids, Mich., to handle its
Chapter 11 case.

The services that will be provided by the attorney include:

   a. advising the Debtor as to its right, duties and powers under
the Bankruptcy Code;

   b. preparing a statement of financial affairs, bankruptcy
schedules, Chapter 11 plan and other documents to be filed by the
Debtor in connection with its bankruptcy case;

   c. representing the Debtor in all hearings, meetings of
creditors, conferences, trials and other court proceedings; and

   d. performing other necessary legal services.

Mr. Joyce will be paid an hourly fee of $250 and a retainer of
$1,500.  The attorney will also receive reimbursement for
out-of-pocket expenses incurred.

In court papers, Mr. Joyce disclosed that he is a "disinterested
person" within the meaning of Section 101(14) of the Bankruptcy
Code.

Mr. Joyce holds office at:

     James M. Joyce, Esq.
     3330 Grand Ridge Drive NE
     Grand Rapids, MI 49525
     Tel: (616) 447-1887
     Email: JmJoyce@lawyer.com

                   About Club 77 Bar & Grill Inc.

Club 77 Bar & Grill, Inc. filed a petition for Chapter 11
protection (Bankr. W.D.N.Y. Case No. 21-11067) on Oct. 21, 2021,
disclosing under $1 million in both assets and liabilities.  Judge
Carl L. Bucki oversees the case.  The Debtor tapped James Joyce,
Esq., an attorney practicing in Grand Rapids, Mich., to handle its
Chapter 11 case.


CORONADO CAPITAL: Updates Several Secured Claims Pay Details
------------------------------------------------------------
Coronado Capital Investments, Inc., submitted a First Amended
Disclosure Statement accompanying First Amended Plan of
Reorganization dated November 15, 2021.

CCI's Plan is based on future rental income which is the sole
source of monthly revenue for payment of Allowed Claims under the
Plan. Claims will be paid as required by the Code, loan and
security documents, or as otherwise agreed to by the Secured
Lenders on a consensual basis.

Class 1 consists of the Secured Claim of the City of El Paso Tax
Assessor Collector. The City of El Paso's allowed secured claim in
the estimated amount of $20,336.37 shall be paid in full in the
ordinary course prior to delinquency on or before January 31, 2022.
The source of payment for the City's allowed secured claim will be
the Debtor or its principal Doug Rutter, as necessary.

Class 2 consists of the Secured Claim of SM VER Enterprises, LLC
(First Lien on 8919 Norton). The Secured Claim of SM VER
Enterprises will be paid on a 360 month amortization with interest
at 6.75% commencing on the Effective Date on a 3 year balloon. In
addition, commencing on the Effective Date, CCI shall make monthly
deposits to SM VER for tax and insurance escrow accounts in
accordance with SM VER's loan documents.

Class 4 consists of the Secured Claim of Zia Trust as Custodian for
Bradle E. Jarma, IRA (First Lien on 701 S. Campbell). The Secured
Claim of Zia Trust, Inc. as Custodian for Bradle E. Jarma, IRA will
be paid on a 360 month amortization with interest at 6.75%
commencing on the Effective Date on a 3 year balloon. In addition,
commencing on the Effective Date the Debtor shall make monthly
deposits to Zia Trust for tax and insurance escrow accounts in
accordance with Zia Trust's loan documents.

Class 5 consists of the Secured Claim of Fernando Torres Macias &
Bertha Lujan Macias (Second Lien on 701 S. Campbell). The Secured
Claim of Fernando & Bertha Macias will be paid on a 360 month
amortization with interest at 6.25% commencing on the Effective
Date on a 7 year balloon. In addition, commencing on the Effective
Date, CCI shall make monthly deposits to the Macias for tax and
insurance escrow accounts in accordance with the Macias' loan
documents.

Class 6 consists of the Secured Claim of Wesley Keith Murchison
Revocable Trust (First Lien on 9012 Matterhorn). The Secured Claim
of the Wesley Keith Murchison Revocable Trust will be paid on a 300
month amortization with interest at eight percent (8.5%) commencing
on the Effective Date on a (7) year balloon. In addition,
commencing on the Effective Date, CCI shall make monthly deposits
to the Keith Murchison Revocable Trust for tax and insurance escrow
accounts in accordance with the prepetition loan documents.

Class 8 consists of the Equity Holder of CCI Doug Rutter who will
retain his equity interest in CCI. Both Doug Rutter and Terri
Rutter have executed personal guarantees in favor of the Secured
Creditors in Classes (2) – (7). Neither the Plan nor the
confirmation of the Plan will result in the release, modification,
or reduction of the scope of their personal guarantees. The
personal guarantees shall remain in place to the extent they
existed prepetition.

The Plan is based on the future earnings of CCI and it will commit
this revenue to funding the Plan.

A full-text copy of the First Amended Disclosure Statement dated
Nov. 15, 2021, is available at https://bit.ly/321KTzH from
PacerMonitor.com at no charge.  

Debtor's Counsel:

     Carlos A. Miranda, Esq.
     Carlos G. Maldonado, Esq.
     Miranda & Maldonado, PC
     5915 Silver Springs, Bldg. 7
     El Paso, TX 79912
     Telephone: (915) 587-5000
     Facsimile: (915) 587-5001
     Email: cmiranda@eptxlawyers.com
            cmaldonado@eptxlawyers.com

               About Coronado Capital Investment

Coronado Capital Investment, Inc. is a Texas corporation formed in
El Paso since September 19, 1994. It is the owner operator of
multi-family residential real estate in El Paso, Texas renting
apartment units and other residential property.

The Debtor filed a voluntary petition for relief under Chapter 11
of the Bankruptcy Code (Bankr. W.D. Texas Case No. 21-30264) on
April 5, 2021, listing under $1 million in both assets and
liabilities.  Doug Rutter, principal and sole shareholder, signed
the petition.  

Judge H. Christopher Mott oversees the case.  

Miranda & Maldonado, PC serves as the Debtor's legal counsel.

SM VER Enterprises, LLC, Zia Trust, Inc, as Custodian for Bradley
E. Jarman, IRA, and Fernando Torres Macias/Bertha Lujan Mora, as
Secured Lenders, are represented by:

     James Brewer, Esq.
     Kemp Smith, LLP
     P.O. Drawer 2800
     El Paso TX 79999-2800
     E-mail: Jim.Brewer@kempsmith.com

Aurelio and Gloria Chaidez, as Secured Lenders, are represented
by:

    Corey W. Haugland, Esq.
    James & Haugland, PC.
    609 Montana Avenue Phone
    Tel: 915-533-0096
    Fax: 915-544-5348
    E-mail: chaugland@jghpc.com


DS PARENT: Moody's Assigns First Time B2 Corporate Family Rating
----------------------------------------------------------------
Moody's Investors Service assigned first-time ratings to DS Parent,
Inc. ("Davis-Standard" or the "company"), including a B2 corporate
family rating and a B2-PD probability of default rating.
Concurrently, Moody's assigned a B2 rating to the company's
proposed $340 million senior secured credit facility comprised of a
$55 million revolver and a $285 million term loan. Proceeds from
the term loan along with sponsor equity will be used to fund the
acquisition of Davis-Standard by Gamut Capital Management. The
outlook is stable.

The following is a summary of the rating actions:

Assignments:

Issuer: DS Parent, Inc.

Corporate Family Rating, Assigned B2

Probability of Default Rating, Assigned B2-PD

Senior Secured Term Loan, Assigned B2 (LGD3)

Senior Secured Revolving Credit Facility, Assigned B2 (LGD3)

Outlook Actions:

Issuer: DS Parent, Inc.

Outlook, Assigned Stable

RATINGS RATIONALE

The B2 CFR reflects the company's modest scale and elevated
financial leverage with pro forma Moody's adjusted debt-to-EBITDA
of about 5.25x. The rating also reflects Davis-Standard's mixed
track record of operating performance. The company experienced
topline pressures and earnings declines between 2017 and 2020 due
to lower infrastructure-related sales and internal restructuring,
although recent operating performance has been much improved.
Nonetheless, Moody's believes Davis-Standard is vulnerable to
pricing pressure from its large customers and is susceptible to
supply chain disruptions, given its reliance on third parties for
some of its manufacturing operations. The rating also considers the
company's reliance and exposure on the polymer processing industry
and the risk that demand for plastic-based products could wane over
time due to environmental concerns.

The rating is supported by Davis-Standard's good competitive
standing within the polymer processing systems industry and the
company's significant installed base which provides good
aftermarket opportunities. Moody's expects the company's
diversified end markets, many of which have distinct demand
drivers, to support a stable operating profile. Furthermore, strong
backlog, which is currently well in excess of historical levels,
provides good near-term revenue visibility.

The stable outlook reflects healthy backlog and Moody's
expectations of modest earnings growth and positive free cash
generation.

Moody's views governance risk as elevated given the private-equity
ownership of Davis-Standard. Moody's anticipates a financial policy
that prioritizes shareholder returns over creditors.

Moody's expects Davis-Standard to maintain good liquidity over the
next 12 to 18 months. Cash balances over the near-term will be
modest but Moody's expects the company to generate positive free
cash in 2022, with free cash flow-to-debt at least in the
mid-single digits. Amortization on term debt is modest at 1% or $3
million per annum and the company has no near-term principal
obligations. External liquidity is provided by a $55 million
revolving credit facility that expires in 2026. The revolver is
expected to contain a springing first lien net leverage covenant
that comes into effect when revolver usage exceeds 35%. Moody's
does not expect the term loan to contain any financial covenants.

The proposed new credit facilities provide covenant flexibility for
transactions that could adversely affect creditors, including
incremental debt capacity up to the sum of the greater of $61
million and 100% of Consolidated EBITDA, plus amounts equal to the
greater of $30.5 million and 50% of Consolidated EBITDA, which
reduce the available capacity of the general debt basket, plus an
unlimited amount that is equal to 0.25x above the closing date
first lien net leverage ratio (if pari passu secured). Amounts up
to the greater of $61 million and 100% of Consolidated EBITDA may
be incurred with an earlier maturity than the initial term loans or
the revolving credit facility. Subsidiaries are only required to
provide guarantees if they are wholly-owned domestic guarantors.
This raises the risk that a sale or disposition of partial equity
interests could trigger a guarantee release, with no explicit
protective provisions limiting such guarantee releases.

There are no express "blocker" provisions which prohibit the
transfer of specified assets to unrestricted subsidiaries; such
transfers are permitted subject to carve-out capacity and other
conditions. There are no express protective provisions prohibiting
an up-tiering transaction.

The $340 million senior secured credit facility represents the
entirety of the company's funded debt structure and, as a result,
is rated consistent with the B2 corporate family rating. The bank
credit facilities are comprised of a $55 million senior secured
revolver due 2026 and a $285 million senior secured term loan due
2028. The credit facilities benefit from an upstream subsidiary
guarantee from each direct and indirectly wholly-owned U.S.
subsidiary of the borrower, subject to certain exclusions, and are
secured by a first-priority security interest in all of the equity
interests of the borrower directly held by the parent and
substantially all the owned assets of the borrower and each
subsidiary guarantor. U.S. subsidiary guarantors represent about
52% of LTM EBITDA.

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

The ratings could be upgraded with increased scale, improved
penetration of aftermarkets and margin expansion. Debt-to-EBITDA
sustained below 4x and free cash flow-to-debt consistently in the
high single digits could also result in an upgrade.

The ratings could be downgraded if the company experiences a
decline in sales or earnings, or if liquidity weakens with free
cash flow-to-debt remaining at or below the low single-digits and
reduced revolver availability. The ratings could also be downgraded
if debt-to-EBITDA was expected to be sustained above 6x.

DS Parent, Inc. ("Davis-Standard"), headquartered in Pawcatuck,
Connecticut, is a provider of polymer processing systems, used by
customers in the food and beverage, construction, power & water,
and consumer packaged goods industries. The company also provides a
variety of aftermarket services for its installed base of systems,
including spare parts, retrofits, rebuilds, and parts servicing.

The principal methodology used in these ratings was Manufacturing
published in September 2021.


DS PARENT: S&P Assigns 'B' ICR on Acquisition by Gamut Capital
--------------------------------------------------------------
S&P Global Ratings assigned its 'B' issuer credit rating to DS
Parent Inc.

S&P said, "At the same time, we assigned our 'B' issue-level and
'3' recovery ratings to the company's senior secured credit
facilities, comprised of a $285 million term loan B and $55 million
cash revolver that we expect to be undrawn at close.
"The stable outlook reflects our expectation that DS Parent Inc.'s
debt to EBITDA will remain consistent for the ratings in the next
12 months given our expectation for favorable operating trends over
the projection period."

Private-equity sponsor Gamut Capital Management L.P. has entered
into a definitive agreement to acquire DS Parent Inc., a
manufacturer of polymer equipment solutions and aftermarket
services.

S&P said, "Our 'B' issuer credit rating on DS Parent reflects the
company's small scale and scope of its operations; however, it is
supported by its recurring revenue base, asset-light business
model, and decent geographic and end market diversity. The scope of
DS Parent's operations is limited given its focus on polymer
equipment solutions and aftermarket sales to packaging and
infrastructure end markets. The company's revenue base is similar
to that of most capital goods companies we rate in the 'B'
category. The company has moderate geographic diversity with about
60% of its revenue from North America with the rest coming from
Europe and Asia. We expect the company's record-level backlog
should provide significant revenue visibility as well as meaningful
free cash flow through its low capex requirements. We believe the
company has decent end market diversity with 33% of revenues in
food and beverage, 17% from consumer packaged goods, 17% from power
and water distribution, and the remaining comprising a diverse mix
of sectors.

"We expect low leverage relative to that of similarly rated peers,
though the company's financial-sponsor ownership is a significant
risk factor. We forecast S&P Global Ratings-adjusted debt to EBITDA
will be about 5.5x at year-end 2021, then DS Parent deleverages
through EBITDA growth toward the mid- to high-4x range in 2022.
Although this level of leverage if forecasted to be low over the
next 12 months, our rating incorporates DS Parent Inc.'s ownership
by equity sponsor Gamut Capital and our belief that financial
sponsors often extract cash or otherwise increase the leverage of
the companies they own over time, either through acquisitions or
dividends to shareholders. Our current base-case does not currently
incorporate any significant debt-funded acquisitions or shareholder
returns.

"We expect DS Parent to maintain adequate liquidity, supported by
its $55 million revolving credit facility (undrawn at close) and
good free cash flow generation. We expect the company to remain
acquisitive given its past record, as we believe acquisitions will
be used to support its existing customer base and take advantage of
new growth opportunities. With full availability under its proposed
revolving credit facility following the transaction, we believe DS
Parent will have adequate sources of liquidity and covenant
headroom to manage its operating needs over the next 12 months. Low
capital expenditure (capex) requirements of about 1% of revenues
should continue to help generate favorable free cash flow.

"The stable outlook on DS Parent reflects our expectation that debt
to EBITDA will remain below 6x. We believe the company's healthy
backlog provides good visibility in revenues and will result in
favorable operating trends and the potential for margin expansion
driven by increased aftermarket penetration. The outlook also
incorporates our expectation that the new owners will manage future
potential acquisitions and engage in financial policies prudently
to maintain S&P Global Ratings-adjusted debt to EBITDA below the 6x
level that we view as appropriate for the current ratings.

"We could lower our ratings on DS Parent if unexpected
deterioration in operating trends results in debt to EBITDA
increasing to above 6x with no prospects for recovery in the short
term. We would also downgrade the company if aggressive financial
policies such as shareholder rewards or debt-financed acquisitions
result in debt to EBITDA increasing above 6x with no clear
prospects for recovery.

"Although unlikely in the next 12 months, we could raise our
ratings if we expect the company's debt-to-EBITDA ratio will remain
materially less than 5x on a sustained basis and we believe the
company's financial sponsor is committed to maintaining financial
policies that will support this improved level of leverage."


ECHO GLOBAL: S&P Cuts Rating on 1st-Lien Credit Facilities to 'B'
-----------------------------------------------------------------
S&P Global Ratings lowered its issuer rating on Echo Global
Logistics Inc.'s proposed first-lien credit facilities to 'B'.

Echo Global Logistics Inc. revised the proposed terms of its
first-lien term loan, which S&P Global Ratings initially rated on
Oct. 26, 2021. Echo plans to increase the size of its first-lien
term loan to $575 million from $550 million. The incremental $25
million will be shifted from its proposed $160 second-lien term
(unrated), and the revised amount of the proposed, unrated
second-lien term loan will be $135 million. S&P said, "The terms of
the transaction still include a proposed $100 million revolving
credit facility, the amount of which is unchanged by this
transaction. As a result, we lowered the rating on the first-lien
credit facilities to 'B' from 'B+' and revised the recovery rating
on the first-lien secured debt to '3' from '2' (50%-70% recovery
prospects; rounded estimate: 65%). The lower rating reflects lower
recovery prospects for lenders due to the increase in first-lien
secured debt in the capital structure under our hypothetical
default scenario. Our 'B' issuer credit rating on Echo is
unchanged."

ISSUE RATINGS – RECOVERY ANALYSIS

Key analytical factors

-- Echo plans to increase the size of its first-lien term loan.

-- S&P lowered its rating on the company's first-lien credit
facilities to 'B' and revised its recovery rating to '3' (rounded
estimate: 65%) from '2' due to the additional first-lien debt.

-- S&P's simulated default scenario contemplates a payment default
in 2024 amid a global recession that leads to a significant decline
in freight pricing and volumes.

-- S&P values the company as a going concern using a 5.5x multiple
of its projected EBITDA, which is in line with its standard
assumptions for the logistics industry.

-- S&P believes that if the company were to default, it would
continue to have a viable business model, partly due to its
customer and vendor relationships.

Simulated default assumptions

-- Simulated year of default: 2024
-- Jurisdiction: U.S.
-- Valuation split (nonobligor/obligor): 100%/0%
-- EBITDA at emergence: $88 million

Simplified waterfall

-- Net enterprise value (after 5% administrative costs): $459
million

-- Value available to secured debt: $459 million

-- Total first-lien debt: $672 million

    --Recovery expectations: 50%-70% (rounded estimate: 65%)

-- Total value available to unsecured claims: $0

-- Unsecured deficiency claim on secured debt: $141 million

    --Recovery expectations: Not applicable

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



EHT US1 INC: Mediation Nixed for Howard Wu Appeals
--------------------------------------------------
Debtors EHT US1, Inc., et al. and Bank of America, N.A., in its
capacity as Administrative Agent under a Credit Agreement dated as
of May 19, 2019, request all three appellate cases be withdrawn
from mandatory mediation:

     (A) HOWARD WU, et al., Appellants, v. EHT US1, Inc., et al.,
         Appellees, C.A. No. 21-1413-MN (D. Del.).

With respect to 21-1413 MN, on September 14, 2021, Howard Wu filed
a letter with the Bankruptcy Court [docket at 1163], requesting an
extension of time to respond to the Debtors' Third Omnibus
Objection (Substantive) to Proofs of Claims filed by Master Lessees
Pursuant to Bankruptcy Code Section 502 and Bankruptcy Rule 3007.
On the same date, Luc A. Despins, on behalf of the Debtors, filed a
response. On September 17, 2021, the Bankruptcy Court entered an
Order Denying Extension of Time Requested.  Howard Wu, et al.,
noticed an appeal of the Denial Order on October 1, 2021.

     (B) HOWARD WU, et al., Appellants, v. EHT US1, Inc., et al.,
         Appellees, C.A. No. 21-1414-MN (D. Del.).

As to 21-1414 MN, on August 21, 2021, EHT US1, Inc. and its
affiliated debtors filed Debtors' Third Omnibus Objection
(Substantive) to Proofs of Claims filed by Master Lessees Pursuant
to Bankruptcy Code Section 502 and Bankruptcy Rule 3007. On
September 18, 2021, the Bankruptcy Court entered an Order Granting
Debtors' Third Omnibus Objection (Substantive) to Proofs of Claims
filed by Master Lessees pursuant to Bankruptcy Code Section 502 and
Bankruptcy Rule 3007 (the Third Omnibus Order).  Howard Wu et al.
noticed an appeal of the Third Omnibus Order on October 1, 2021.

     (C) HOWARD WU, et al., Appellants, v. EHT US1, Inc., et
         al. and BANK OF AMERICA, N.A., Appellees, C.A. No.
         21-1415-MN (D. Del.).

Regarding 21-1415 MN, on August 31, 2021, Bank of America, N.A.
filed its Omnibus Objection (Substantive) to Master Lessee Claims
and Joinder to Debtors' Third Omnibus Objection (Substantive) to
Proofs of Claims filed by Master Lessees Pursuant to Bankruptcy
Code Section 502 and Bankruptcy Rule 3007, referred to as the "BoA
Order".  Howard Wu, et al. noticed an appeal of the BoA Order on
October 4, 2021.

The parties advised that there is a fourth pending appeal in these
matters, specifically 21-1467 MN, which Appellants will seek to
consolidate with the three Appeals. Although Appellees agree to the
consolidation of the three Appeals, that is, 21-1413, 21-1414 and
21-1415, all assigned to Judge Noreika, they do not agree to the
consolidation of the fourth appeal, because the Debtors filed a
motion to dismiss this fourth appeal based on untimely filing.  On
October 29, 2021, the Bankruptcy Court denied Appellants' motion to
extend the deadline to file a late appeal. That motion to dismiss
is pending decision in the District Court.

Counsel for the Debtors, the Prepetition Agent and Appellants
conferred regarding mediation in the three present appeals.
Appellees believe that mandatory mediation would not be productive
nor lead to resolution because the nature of the issues involved do
not lend themselves to mediation or settlement. They, therefore,
request, that the District Court excuse these appeals from
mediation. Appellants' preference is to proceed with mediation in
the District Court for a possible global resolution of the issues
between the parties.

The parties agree that consolidation is appropriate for both
procedural purposes and to submit consolidated briefs on appeal.

Accordingly, the Chief Magistrate Judge of the United States
District Court for the District of Delaware recommended that,
pursuant to paragraph 2(a) Procedures to Govern Mediation of
Appeals from the United States Bankruptcy Court for this District
and 28 U.S.C. Section 636(b), these matters be withdrawn from the
mandatory referral for mediation and proceed through the appellate
process of this Court.

A full-text copy of the Recommendation dated November 3, 2021, is
available at https://tinyurl.com/wu3sb37m from Leagle.com.

                     About Eagle Hospitality Group

Eagle Hospitality Trust -- https://eagleht.com/ -- is a hospitality
stapled group comprising Eagle Hospitality Real Estate Investment
Trust and Eagle Hospitality Business Trust. Based in Singapore,
Eagle H-REIT is established with the principal investment strategy
of investing on a long-term basis in a diversified portfolio of
income-producing real estate, which is used primarily for
hospitality or hospitality-related purposes as well as real
estate-related assets in connection with the foregoing, with an
initial focus on the United States.

EHT US1, Inc. and 26 affiliates, including 15 LLC entities that
each owns hotels in the U.S., sought Chapter 11 protection (Bankr.
D. Del. Lead Case No. 21-10036) on Jan. 18, 2021.

EHT US1 estimated $500 million to $1 billion in assets and
liabilities as of the bankruptcy filing.

The Debtors tapped Paul Hastings LLP and Cole Schotz P.C. as their
bankruptcy counsel, FTI Consulting Inc. as restructuring advisor,
and Moelis & Company LLC as an investment banker.  Rajah & Tann
Singapore LLP and Walkers serve as Singapore Law counsel and
Cayman
Law counsel, respectively.  Donlin, Recano & Company, Inc. is the
claims agent.

The U.S. Trustee for Region 3 appointed an official committee of
unsecured creditors on Feb. 4, 2021.  The committee tapped Kramer
Levin Naftalis & Frankel, LLP as bankruptcy counsel, Morris James
LLP as Delaware counsel, and Province, LLC as financial advisor.
LVM Law Chambers LLC serves as the Debtor's Singapore law
conflicts
counsel.

David M. Klauder, Esq., is the fee examiner appointed in the
Debtors' Chapter 11 cases.  Thomas D. Bielli, Esq., at Bielli &
Klauder, LLC, is the fee examiner's legal counsel.



ELECTROMEDICAL TECHNOLOGIES: Incurs $3.3M Net Loss in 3rd Quarter
-----------------------------------------------------------------
Electromedical Technologies, Inc. filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q disclosing a
net loss of $3.30 million on $301,157 of net sales for the three
months ended Sept. 30, 2021, compared to a net loss of $2.17
million on $205,850 of net sales for the three months ended Sept.
30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $6.63 million on $670,551 of net sales compared to a
net loss of $3.46 million on $557,476 of net sales for the nine
months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $1.20 million in total
assets, $3.03 million in total liabilities, and a total
stockholders' deficit of $1.83 million.

During the nine months ended Sept. 30, 2021, the Company's cash and
cash equivalents decreased by $100,103 reflecting cash used in
operations of $906,073, partially offset by net proceeds from
financing activities of $805,970.  At Sept. 30, 2021 the Company
had a working capital deficit of $1,885,946 and cash on hand of
$164,810.  Working capital deficit totaled $1,082,727 excluding
derivative liabilities - convertible notes-payable of $803,219.
During the nine months ended Sept. 30, 2020, the Company's cash and
cash equivalents increased by $85,477, reflecting cash provided by
financing activities of $881,121, partially offset by cash used in
operations of $795,644.

Cash flows used in operating activities totaled $906,073 for the
nine months ended Sept. 30, 2021 as compared to cash flows used of
$795,644 for the nine months ended Sept. 30, 2020.  The increase in
cash flows used in operating activities is primarily the result of
an increase in inventory purchases, a reduction in accounts payable
and an increase in the loss from operations, excluding stock-based
compensation expense impacted by increased costs related to public
Company operations, increased marketing efforts and ramp of
research and development costs on the POD.

Cash flows provided by financing activities totaled $805,970 for
the nine months ended Sept. 30, 2021 as compared to $881,921 for
the nine months ended Sept. 30,2020.  The cash flows provided in
the 2021 period are primarily the result of $937,500 in net
proceeds from convertible promissory notes partially offset by debt
repayments totaling $131,530.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1715819/000141057821000301/elcq-20210930x10q.htm

                 About Electromedical Technologies

Scottsdale, AZ-based Electromedical Technologies, Inc. is a
bioelectronics manufacturing and marketing company.  The Company
offers U.S. Food and Drug Administration (FDA) cleared medical
devices for pain management.  Bioelectronics is a developing field
of "electronic" medicine, which uses electrical impulses over the
body's neural circuitry to try to alleviate pain, without drugs.

Electromedical reported a net loss of $3.87 million for the year
ended Dec. 31, 2020, compared to a net loss of $1.74 million for
the year ended Dec. 31, 2019.  As of June 30, 2021, the Company had
$1.44 million in total assets, $2.91 million in total liabilities,
and a total stockholders' deficit of $1.47 million.

San Diego, California-based dbbmckennon, the Company's auditor
since 2018, issued a "going concern" qualification in its report
dated March 30, 2021, citing that the Company has suffered
recurring losses from operations and has a negative working
capital
balance, which raises substantial doubt about its ability to
continue as a going concern.


ELITE AEROSPACE: Subsidiaries Tap Levene Neale as Legal Counsel
---------------------------------------------------------------
Elite Aviation Products Inc. and three other subsidiaries of Elite
Aerospace Group, Inc. seek approval from the U.S. Bankruptcy Court
for the Central District of California to employ Levene Neale
Bender Yoo & Golubchik, LLP as legal counsel.

The firm's services include:

   a. advising Elite Aerospace Group's subsidiaries with regard to
the requirements of the bankruptcy court, Bankruptcy Code,
Bankruptcy Rules and the Office of the U.S. Trustee;

   b. advising the subsidiaries with regard to certain rights and
remedies of their bankruptcy estates and the rights, claims and
interests of creditors;

   c. representing the subsidiaries in any proceeding or hearing in
the bankruptcy court involving their estates unless they are
represented in such proceeding or hearing by other special
counsel;

   d. conducting examinations of witnesses, claimants or adverse
parties and representing the subsidiaries in adversary proceedings
except to the extent that such proceedings are in an area outside
of the firm's expertise or which is beyond the firm's staffing
capabilities;

   e. preparing legal papers;

   f. negotiating and seeking bankruptcy court approval to obtain
debtor-in-possession financing and use cash collateral;

   g. assisting the subsidiaries in any asset sale process;

   h. assisting the subsidiaries in the negotiation, formulation,
preparation and confirmation of a plan of reorganization; and

   i. performing other necessary legal services.

The firm's hourly rates are as follows:

     Attorneys                $525 to $635 per hour
     Paraprofessionals        $250 per hour

Prior to the petition date, Levene received a retainer of $14,152.
The firm will also receive reimbursement for out-of-pocket expenses
incurred.

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

The firm can be reached at:

     Juliet Y. Oh, Esq.
     David L. Neale, Esq.
     Levene Neale Bender Yoo
     & Golubchik L.L.P.
     2818 La Cienega Avenue
     Los Angeles, CA 90034
     Tel: (310) 229-1234
     Fax: (310) 229-1244
     Email: jyo@lnbyg.com
            dln@lnbyg.com

                 About Elite Aerospace Group Inc.

Elite Aerospace Group, Inc. is an Irvine, Calif.-based company that
designs and manufactures aerospace components.

Elite Aerospace Group filed a petition for Chapter 11 protection
(Bankr. C.D. Calif. Lead Case No. 21-12231) on Sept. 13, 2021,
listing as much as $50 million in both assets and liabilities. Its
subsidiaries filed their voluntary Chapter 11 petitions on Oct. 5,
2021. Judge Theodor C. Albert oversees the cases.

Levene, Neale, Bender, Yoo & Brill, LLP serves as the Debtors'
legal counsel.

On Oct. 5, 2021, the U.S. Trustee for Region 15 appointed an
official committee of unsecured creditors. The committee tapped
Buchalter, a Professional Corporation, as its bankruptcy counsel.


EXIDE TECHONOLOGIES: $17M Cleanup Deal Reached With EPA
-------------------------------------------------------
Leslie Pappas of Law360 reports that a trustee for the bankruptcy
estate of battery recycler Exide Technologies Inc. has reached an
agreement with the U.S. Environmental Protection Agency to allow it
a $17 million unsecured claim related to cleanup obligations at a
handful of contaminated industrial sites in Oregon and
Pennsylvania.

The stipulation and agreement filed with a bankruptcy court in
Delaware late Monday, November 15, 2021, relates to cost recovery
efforts for remediation of the Portland Harbor Superfund Site in
Oregon; the Wiley's Bridge Lead Site and Reading Battery and
Residential sites in Reading, Pennsylvania; and the Brown's Battery
Breaking Superfund Site in Shoemakersville, Berks County,
Pennsylvania.

                  About Exide Technologies

Headquartered in Milton, Ga., Exide Technologies (NASDAQ: XIDE) --
http://www.exide.com/-- manufactures and distributes lead acid  
batteries and other related electrical energy storage products.

Exide first sought Chapter 11 protection (Bankr. Del. Case No.
02-11125) on April 14, 2002, and exited bankruptcy two years
after.

Matthew N. Kleiman, Esq., and Kirk A. Kennedy, Esq., at Kirkland &
Ellis, and James E. O'Neill, Esq., at Pachulski Stang Ziehl & Jones
LLP, represented the Debtors in their successful restructuring.

Exide returned to Chapter 11 bankruptcy (Bankr. D. Del. Case No.
13-11482) on June 10, 2013. Exide disclosed $1.89 billion in assets
and $1.14 billion in liabilities as of March 31, 2013.

Exide's international operations were not included in the filing
and will continue their business operations without supervision
from the U.S. courts.

For the new case, Exide has tapped Anthony W. Clark, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP, and Pachulski Stang Ziehl
& Jones LLP as counsel; Alvarez & Marsal as financial advisor;
Sitrick and Company Inc. as public relations consultant and GCG as
claims agent. Schnader Harrison Segal & Lewis LLP was tapped as
special counsel.

The Official Committee of Unsecured Creditors is represented by
Lowenstein Sandler LLP and Morris, Nichols, Arsht & Tunnell LLP as
co-counsel. Zolfo Cooper, LLC serves as its bankruptcy consultants
and financial advisors. Geosyntec Consultants was tapped as
environmental consultants to the Committee.

Robert J. Keach of the law firm Bernstein Shur as fee examiner has
been appointed as fee examiner. He has hired his own firm as
counsel.

Exide said its Plan of Reorganization became effective on April 30,
2015, and that the Company has emerged from Chapter 11 as a newly
reorganized company. The Bankruptcy Court for the District of
Delaware confirmed the Plan on March 27, 2015.



FENDER MUSICAL: S&P Lowers Rating on Sr. Secured Term Loan to 'B'
-----------------------------------------------------------------
S&P Global Ratings lowered its issue-level rating on Fender Musical
Instruments Corp.'s senior secured term loan that has been upsized
by $25 million to $400 million to 'B' from 'B+' and revised its
recovery rating to '3' from '2' (50%-70%; rounded estimate: 65%).
The lower ratings reflect lower recovery prospects for the term
loan given the increase in claims relative to its estimated
valuation at emergence from default. The '3' recovery rating
indicates its expectation of meaningful recovery in the event of a
payment default.

The term loan is being raised as part of its acquisition of
PreSonus Audio Electronics Inc. (not rated), a manufacturer of
professional audio equipment and software. The company plans to use
the extra $25 million to accelerate fixed asset purchases.




FLOOR AND DECOR: Moody's Alters Outlook on Ba3 CFR to Positive
--------------------------------------------------------------
Moody's Investors Service changed Floor and Decor Outlets of
America, Inc.'s ("Floor & Decor") outlook to positive from stable.
At the same time, Moody's affirmed Floor & Decor's corporate family
rating at Ba3, its probability of default rating at Ba3-PD, and its
senior secured bank credit facility at Ba2. Floor & Decor's
Speculative Grade Liquidity rating is maintained at SGL-2.

"The positive outlook reflects Floor & Decor's solid execution
coupled with the continued demand for hard surface flooring as home
remodeling benefits from a healthy consumer, low interest rates and
a favorable housing market", said Senior Vice President Christina
Boni. "Solid returns from its new store builds remains critical as
the company cycles outsized growth in the flooring category", Boni
added.

Affirmations:

Issuer: Floor and Decor Outlets of America, Inc.

Corporate Family Rating, Affirmed Ba3

Probability of Default Rating, Affirmed Ba3-PD

Senior Secured Term Loan, Affirmed Ba2 (LGD3)

Outlook Actions:

Issuer: Floor and Decor Outlets of America, Inc.

Outlook, Changed To Positive From Stable

RATINGS RATIONALE

Floor & Decor's Ba3 corporate family rating benefits from its solid
market position as a leading operator in the fragmented hard
surface flooring and accessories segment which services both
do-it-yourself (DIY) and professional (Pro) customers. The
company's direct sourcing model, extensive product offering and
everyday low price value positioning have supported its consistent
growth historically. Floor & Decor quickly pivoted to weather the
temporary closure of its stores at the onset of the pandemic in
spring 2020, as it relied on curbside pickup and online sales. The
company has experienced outsized growth since stores reopened given
the increased focus on home maintenance and remodeling as well as
low interest rates and a healthy housing market.

Floor & Decor's financial strategy is balanced with moderate levels
of funded debt and no current dividend or share repurchase program.
The company remains focused on store growth of approximately 20%
per year, which it slowed in 2020 to approximately 11% as a result
of the pandemic. Floor & Decor also benefits from good liquidity as
the company has $330 million of cash, relative to $207 million of
funded debt at September 30, 2021. Nonetheless, Floor & Decor's
rating is constrained by its modest scale, narrow product focus,
aggressive growth strategy, limited geographic diversity and
cyclical nature of home remodeling.

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

Factors that could result in an upgrade include the continued
success of profitably growing its store base, a meaningful increase
in Floor & Decor's scale and geographic diversification while
maintaining positive operating trends. Quantitatively, ratings
could be upgraded if debt to EBITDA remained around 3.0 times and
EBIT to interest coverage was above 4.0 times on a sustained basis.
An upgrade would also require good liquidity as well as a balanced
and clearly articulated financial strategy.

Ratings could be downgraded if new stores did not achieve targeted
returns or its operating performance came under sustained pressure.
Ratings could also be downgraded if financial strategy were to
become more aggressive resulting in debt to EBITDA sustained above
4.0 times or EBIT to interest below 3.0 times. Ratings could also
be downgraded if liquidity were to deteriorate.

Headquartered in Atlanta, GA, Floor & Decor is a leading retailer
of hard surface flooring in the United States with 153 warehouse
stores and 2 design centers across 30 states. Revenue for the last
twelve month period ending September 30, 2021 is approximately $3.2
billion.

The principal methodology used in these ratings was Retail
published in November 2021.


FOSSIL GROUP: Posts $31.9 Million Net Income in Third Quarter
-------------------------------------------------------------
Fossil Group, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing net income
of $31.92 million on $491.83 million of net sales for the 13 weeks
ended Oct. 2, 2021, compared to net income of $16.22 million on
$435.49 million of net sales for the 13 weeks ended Oct. 3, 2020.

For the 39 weeks ended Oct. 2, 2021, the Company reported net
income of $6.82 million on $1.27 billion of net sales compared to a
net loss of $92.18 million on $1.09 billion of net sales for the 40
weeks ended Oct. 3, 2020.

As of Oct. 2, 2021, the Company had $1.36 billion in total assets,
$569.38 million in total current liabilities, $343.68 million in
total long-term liabilities, and $442.90 million in total
stockholders' equity.

"We are pleased to report another quarter of strong financial
performance," said Kosta Kartsotis, Chairman and CEO.  "Top line
growth, solid gross margins and ongoing expense management drove
adjusted operating margins of 11% in the third quarter.  A
continuing focus on our four strategic priorities is fueling
broad-based sales growth, led by digital channels.  We are proud of
our teams for their hard work and dedication that has translated to
strong top line performance, while also delivering sharp execution
on inventory management and expense control fundamentals."

"We are entering the holiday season with a healthy inventory
position and strong consumer demand within our largest markets and
core categories.  As we look ahead to 2022, we feel confident that
the business is well-positioned from both an operational and
financial perspective.  We have the talent, tools and financial
flexibility to continue to drive growth and build shareholder value
over the long-term."

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/883569/000088356921000046/fosl-20211002.htm

                        About Fossil Group

Headquartered in Richardson, Texas, Fossil Group, Inc. --
www.fossilgroup.com -- is a global design, marketing and
distribution company that specializes in consumer fashion
accessories.  The Company's principal offerings include an
extensive line of men's and women's fashion watches and jewelry,
handbags, small leather goods, belts, and sunglasses.  In the watch
and jewelry product categories, the Company have a diverse
portfolio of globally recognized owned and licensed brand names
under which its products are marketed.

Fossil Group reported a net loss of $95.94 million in 2020, a net
loss of $50.01 million in 2019, and a net loss of $938,000 in 2018.
As of July 3, 2021, the Company had $1.34 billion in total assets,
$521.8 million in total current liabilities, $406.31 million in
total long-term liabilities, and $409.33 million in total
stockholders' equity.


FROZEN FOODS: Wins Cash Collateral Access Thru Nov 21
-----------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York has
authorized Frozen Foods Partners, LLC, d/b/a Gourmet Express, LLC,
d/b/a Gourmet Express to use cash collateral on an emergency basis
in an aggregate amount not to exceed, at any time, $649,247 through
November 22, 2021.

As previously reported by the Troubled Company Reporter, the
Debtors were indebted to Iron Horse Credit LLC under the Credit
Agreement and Loan Documents, in respect of outstanding Advances in
the aggregate principal amount of not less than $1,999,429, plus
interest accrued and accruing thereon, together with all costs,
fees, termination fees, fees and expenses treasury, indemnification
obligations, guarantee obligations, and other charges, amounts, and
costs of whatever nature owing, whether or not contingent, whenever
arising, accrued, accruing, due, owing, or chargeable in respect of
any of the Borrowers Obligations pursuant to, or secured by, the
Credit Agreement.

The Court says Section 5 of the Interim Order is amended to add
that the Lender will receive from the Debtor, or the Lender will be
authorized to offset from the Cash Collateral received by the
Lender, as additional adequate protection, payment in cash of all
accrued and unpaid amounts in respect of interest, fees, and other
amounts (other than principal), which will be payable at the rates,
times, and in accordance with the procedures set forth in the
Credit Agreement.

All other terms set forth in the Interim Order not expressly
modified by the First Amended Interim Order, are expressly
reaffirmed and will continue in full force and effect and the
Lender will continue to be entitled to all of the same rights,
liens, priorities and protections provided for under the Interim
Order, as amended by the First Amended Interim Order, Credit
Agreement, and Loan Documents.

A further hearing on the matter is scheduled for November 22 at 2
p.m.

A copy of the order is available at https://bit.ly/3ckH4I4 from
PacerMonitor.com.

                 About Frozen Foods Partners, LLC

Frozen Foods Partners, LLC is a Delaware limited liability company,
which was established in 2015. Frozen Foods is a consumer products
company engaged in the production, distribution and marketing of
frozen skillet meals under multiple consumer brands. It offers a
diversified portfolio of frozen products including meal kits,
skillet meals, combination of proteins, sauces, pastas and
vegetables, Asian and Mediterranean cuisines, as well as authentic
Latin specialties. Its products offer a quality dining solution for
working families and young adults. Its brands include Gourmet
Dining, Rosetto, La Sabrosa, and Tru Earth, which can presently be
found in many retailers, including Associated Grocers and
SuperValu, as well as private label brands.

Frozen Foods sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 21-11897) on November 1,
2021. In the petition signed by Jeffrey Lichtenstein as chief
executive officer, the debtor disclosed up to $10 million in both
assets and liabilities.

Judge Martin Glenn oversees the case.

Adam P. Wofse, Esq., at LaMonica Herbst and Maniscalco, LLP, is the
Debtor's counsel.



GRAFTECH INTERNATIONAL: S&P Stays 'BB-' ICR, Outlook Stable
-----------------------------------------------------------
S&P Global Ratings stayed its 'BB-' issuer credit rating on
Ohio-based graphite electrode manufacturer GrafTech International
Ltd. and its 'BB' issue-level rating and '2' recovery rating on its
senior secured debt are unchanged.

The stable outlook reflects S&P's expectation that GrafTech's
credit metrics will remain steady over the next 12-24 months while
it benefits from its favorable take-or-pay contracts and maintains
its current financial policy, which will lead it to S&P Global
Ratings-adjusted debt to EBITDA of 1.5x-2.0x.

Brookfield Asset Management Inc. reduced its equity interest in
Ohio-based graphite electrode manufacturer GrafTech International
Ltd. to 24.6% as of Sept. 30, 2021, from 47.8% in February 2021,
and has cut its representation on the company's board to only two
seats (out of 11).

Therefore, S&P no longer views GrafTech as being controlled by a
financial sponsor.

Brookfield Asset Management Inc. is now a minority owner and
non-controlling board member of GrafTech. S&P said, "As such, we
view GrafTech's financial policy more favorably. We expect that the
company will operate with S&P Global Ratings-adjusted leverage of
1.5x-2.0x over the next 12 months, given its long-term, take-or-pay
contracts at or above average historical prices and lower debt
balance. We also view the risk of re-leveraging as low because its
financial sponsor has relinquished control of its financial policy
and cash flow."

However, a significant portion of GrafTech's contracts will roll
off by the end of 2022. This could lead to large swings in its
credit metrics if the company is unable to renew its contracts at
favorable rates at that time. S&P believes that GrafTech's S&P
Global Ratings-adjusted leverage could rise above 3x after 2023 if
the weighted average realized price for graphite electrodes across
all of its contracts falls to $5,000-$6,000 per metric ton from
about $7,800-$7,850 per ton in fiscal year 20021, assuming no other
changes to its current cost base or capital structure.

S&P said, "The stable outlook on GrafTech reflects our expectation
that its credit metrics will remain steady as it benefits from its
favorable take-or-pay contracts and maintains its current financial
policy over the next 12 months. We expect the company's stable
operating performance to lead it to sustain S&P Global
Ratings-adjusted debt to EBITDA of 1.5x-2.0x over this timeframe.

"We could raise our rating on GrafTech over the next 12 months if
we expect it to maintain strong cash flow and modest debt leverage
even after the majority of its major long-term contracts roll off.
Under this scenario, we would expect the company to continue to
repay its outstanding debt, such that its S&P Global
Ratings-adjusted debt to EBITDA remains below 2x, and wouldn't
anticipate any large increases in its leverage after 2023.

"We could lower our rating on GrafTech if its debt leverage rises
significantly above 3x. This could occur if weaker market
conditions pressure its operating margins because it is forced to
renew its contracts at below historical prices, which leads it to
report lower realized prices for several years."


GREEN4ALL ENERGY: Unsecureds to Get Share of Net Profit for 5 Years
-------------------------------------------------------------------
Green4All Energy Solutions, Inc., Daniel A. Handley, and H2MinusO,
LLC ("the Debtors") filed with the U.S. Bankruptcy Court for the
Southern District of Texas a Disclosure Statement describing Plan
of Reorganization dated Nov. 15, 2021.

Green4All Energy Solutions Inc. was founded in 2010 in the State of
Illinois as a seller and distributor of Green Energy and Water
Savings (Products) Solutions. G4ALL moved its base of operations to
Texas in 2017.

This Plan of Reorganization proposes to pay creditors of the
Debtors from future business income. This Plan provides for classes
of secured creditors, priority creditors, and unsecured creditors.
This Plan also provides for the payment of administrative claims.

                         Secured Claims

Bank of America - This creditor is owed a secured claim in the
amount of $145,632 for a first lien position on Debtor's homestead.
Mr. Handley acknowledges the creditor's lien and will continue to
make the regular monthly payments to this creditor until the
mortgage is paid in full.

Harris County, et al - This creditor is owed a secured claim in the
amount of $1,225 regarding the home at 25507 Tuckahoe Lane, Spring,
Texas 77373.  It will be paid in full the amount it is owed
pursuant to the requirements of the United States Bankruptcy Code
or in 60 months if this creditor agrees, with the first monthly
payment being due and payable on the 15th day of the 1st calendar
month following 60 days after the Effective Date of the Plan.  This
creditor shall retain all liens it currently holds, whether for
prepetition tax years or for the current tax year, on the residence
until it receives payment in full of all taxes and interest owed to
it under the provisions of this Plan, and its lien position shall
not be diminished or primed by any Exit Financing approved by the
Court in conjunction with the confirmation of this Plan.  The plan
payment will be approximately $28.00.

                     General Unsecured Claims

The total general unsecured claims are approximately $522,000.  The
allowed general unsecured creditors will be paid as much of what
they are owed as possible and will be mailed the Debtors' previous
year's financial statements each year for five years, during the
term of the five year Plan, on or about May 1st each year,
beginning on May 1, 2022, and thereafter on or about May 1, 2023,
May 1, 2024, May 1, 2025 and May 1, 2026.

Each year, if the Reorganized Debtors made a profit, after income
taxes, and after making all secured plan payments and normal
overhead payments, the Reorganized Debtors shall pay to the allowed
unsecured creditors their pro-rata share of 25% of the net profit
for the previous year, in twelve monthly payments beginning on
September 15th of the year in which the financial statements are
mailed to these creditors. Each year, during the term of the
five-year Plan, the Reorganized Debtors will repeat the 12-month
payment plan to the allowed unsecured creditors if the Reorganized
Debtors made a net profit the previous year as reflected in the
previous year's financial statements. This payout will not exceed
five years, and at the end of the five-year Plan term, the
remaining balance owed, if any, to the allowed unsecured creditors
shall be discharged.

This Plan of Reorganization will be funded by the Reorganized
Debtors through future income earned from Green4All.

A full-text copy of the Disclosure Statement dated Nov. 15, 2021,
is available at https://bit.ly/3HsReo5 from PacerMonitor.com at no
charge.

Attorney for the Debtor:

     MARGARET M. MCCLURE
     State Bar No. 00787997
     909 Fannin, Suite 3810
     Houston, Texas 77010
     Tel: (713) 659-1333
     Fax: (713) 658-0334
     E-mail: Margaret@mmmcclurelaw.com

                About Green4All Energy Solutions

Green4All Energy Solutions, Inc. -- http://g4all.net-- is a
Chicago, Illinois-based company that specializes in water
conservation products and services.

Green4All Energy Solutions and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Case No.
20-31758) on March 15, 2020.  At the time of the filing, the Debtor
was estimated to have assets and liabilities of less than $1
million.

The Debtors have tapped the law firm of Margaret M. McClure as
bankruptcy counsel; Adkison Need Allen & Rentrop, PLLC, as special
counsel; Chamberlain & Henningfield Certified Public Accountants,
LLP as accountant; and Scherrer Patent & Trademark Law, P.C. as
special counsel.


GREENPOINT ASSET: Seeks to Hire Kerkman & Dunn as Legal Counsel
---------------------------------------------------------------
Greenpoint Asset Management II, LLC seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Wisconsin to hire
Kerkman & Dunn to serve as legal counsel in its Chapter 11 case.

The firm's services include:

     (a) advising and assisting the Debtor with respect to its
duties and powers under the Bankruptcy Code;

     (b) advising the Debtor on the conduct of its bankruptcy case,
including the legal and administrative requirements of operating in
Chapter 11;

     (c) attending meetings and negotiating with representatives of
the creditors and other parties in interest;

     (d) prosecuting actions on the behalf of the Debtor, defending
actions commenced against the Debtor, and representing the Debtor's
interests in negotiations concerning litigation in which it is
involved, including objections to claims filed against the Debtor's
estate;

     (e) preparing legal papers;

     (f) advising the Debtor in connection with any potential sale
of its assets;

     (g) appearing before the court;

     (h) assisting the Debtor in preparing, negotiating and
implementing a plan of reorganization, and advising the Debtor with
respect to any rejection or reformulation of the plan;

     (i) assisting the Debtor in state court actions related to
judgments and collection actions initiated by or against the Debtor
that are necessary for an effective reorganization; and

     (j) performing all other necessary legal services, including
(i) analyzing the Debtor's leases and the assumption and assignment
or rejection of those leases, (ii) analyzing the validity of liens
against the Debtor, and (iii) advising the Debtor on transactional
and litigation matters.

The firm's hourly rates are as follows:

     Jerome R. Kerkman                $495.00 per hour
     Evan P. Schmit                   $375.00 per hour
     Gregory M. Schrieber             $350.00 per hour
     Averi A. Niemuth                 $290.00 per hour
     Nicholas W. Kerkman              $250.00 per hour
     Non-Attorney Paraprofessionals   $125.00 per hour

Jerome Kerkman, Esq., the firm's attorney who will be providing the
services, disclosed in a court filing that he is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Jerome R. Kerkman, Esq.
     Kerkman & Dunn
     839 N. Jefferson St. Suite 400
     Milwaukee, WI 53202
     Phone: 414.277.8200
     Fax: 414.277.0100
     Email: jkerkman@kerkmandunn.com

                      About Greenpoint Asset

Greenpoint Asset Management II, LLC filed a petition for Chapter 11
protection (Bankr. E.D. Wis. Case No. 21-25900) on Nov. 11, 2021.
Michael G. Hull, manager, signed the petition.  The Debtor tapped
Kerkman & Dunn as legal counsel.


GULF COAST HEALTH: Committee Taps FTI as Financial Advisor
----------------------------------------------------------
The official committee of unsecured creditors of Gulf Coast Health
Care, LLC seeks approval from the U.S. Bankruptcy Court for the
District of Delaware to hire FTI Consulting, Inc. as its financial
advisor.

The firm's services include:

     (a) assisting the committee in the review of financial-related
disclosures required by the court, including schedules of assets
and liabilities, statement of financial affairs and monthly
operating reports filed by Gulf Coast Health Care and its
affiliates;

     (b) assisting in the preparation of analyses required to
assess any proposed debtor-in-possession financing or use of cash
collateral;

     (c) assisting in the assessment and monitoring of the Debtors'
short-term cash flow, liquidity and operating results;

     (d) reviewing the Debtors' proposed key employee retention and
other employee benefit programs;

     (e) reviewing the Debtors' analysis of core business assets
and the potential disposition or liquidation of non-core assets;

     (f) assisting in the review of the Debtors' cost-benefit
analysis with respect to the affirmation or rejection of various
executory contracts and leases;

     (g) reviewing the Debtors' identification of potential cost
savings, including overhead and operating expense reductions and
efficiency improvements;

     (h) reviewing tax issues associated with, but not limited to,
claims/stock trading, preservation of net operating losses, refunds
due to the Debtors, plans of reorganization, and asset sales;

     (i) assisting in the review of claims reconciliation and
estimation process;

     (j) reviewing other financial information prepared by the
Debtors;

     (k) attending meetings and assisting the committee in
discussions with the Debtors, potential investors, banks, secured
lenders and other parties in interest;

     (l) assisting in the review or preparation of information and
analysis necessary for the confirmation of a Chapter 11 plan and
related disclosure statement;

     (m) assisting in the evaluation and analysis of avoidance
actions, including fraudulent and preferential transfers;

     (n) assisting in the prosecution of responses or objections to
the Debtors' motions; and

     (o) providing other general business consulting services.

The firm's hourly rates are as follows:

     Senior Managing Directors                      $950 - $1,295
per hour
     Directors/Senior Directors/Managing Directors  $715 - $935 per
hour
     Consultants/Senior Consultants                 $385 - $680 per
hour
     Administrative/Paraprofessionals               $155 - $290 per
hour

Clifford Zucker, senior managing director at FTI, disclosed in a
court filing that he is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Clifford A. Zucker
     FTI Consulting, Inc.
     555 12th Street NW, Suite 700
     Washington DC 20004
     Tel.: +1 202 312 9100
     Fax: +1 202 312 9101
     Email: cliff.zucker@fticonsulting.com

                      About Gulf Coast Health Care

Gulf Coast Health Care, LLC is a licensed operator of 28 skilled
nursing facilities comprising nearly 3,350 licensed beds across
Florida, Georgia, and Mississippi.  It provides short-term
rehabilitation, comprehensive post-acute skilled care, long-term
care, assisted living, and therapy services in each of its
facilities.

Gulf Coast Health Care and 61 affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 21-11336) on Oct. 14,
2021. In the petition signed by Benjamin M. Jones as chief
restructuring officer, Gulf Coast Health Care listed up to $50
million in assets and up to $500 million in liabilities.

The cases are handled by Judge Karen B. Owens.

The Debtors tapped McDermott Will & Emery LLP and Ankura Consulting
Group LLC as legal counsel and restructuring advisor, respectively.
M. Benjamin Jones of Ankura serves as the Debtors' chief
restructuring officer. Epiq Corporate Restructuring, LLC is the
claims, noticing and administrative agent.

On Oct. 25, 2021, the U.S. Trustee for Region 3 appointed an
official committee of unsecured creditors in the Debtors' Chapter
11 cases.  Greenberg Traurig, LLP and FTI Consulting, Inc. serve as
the committee's legal counsel and financial advisor, respectively.


GULF COAST HEALTH: Committee Taps Greenberg Traurig as Counsel
--------------------------------------------------------------
The official committee of unsecured creditors of Gulf Coast Health
Care, LLC seeks approval from the U.S. Bankruptcy Court for the
District of Delaware to hire Greenberg Traurig, LLP as its legal
counsel.

The firm's services include:

     (a) advising the committee with respect to its rights, duties
and powers in the Chapter 11 cases filed by Gulf Coast Health Care
and its affiliates;

     (b) assisting and advising the committee in its consultations
with the Debtors in connection with the administration of the
cases;

     (c) assisting the committee in its investigation of the acts,
conduct, assets, liabilities, and financial condition of the
Debtors, the operation of the Debtors' businesses and the
desirability of continuing or selling such businesses or assets
under Bankruptcy Code Section 363, the formulation of a Chapter 11
plan, and other matters relevant to the cases;

     (d) assisting the committee in analyzing the claims of
creditors and the Debtors' capital structure and in negotiating
with holders of claims and equity interests;

     (e) representing the committee in matters generally arising in
the cases, which include the sale of assets and the rejection or
assumption of executory contracts and unexpired leases;

     (f) appearing before the bankruptcy court and any other
federal, state or appellate court;

     (g) preparing legal papers; and

     (h) performing other necessary legal services.

The firm's hourly rates are as follows:

     Shareholders                     $650 – $1,700 per hour
     Of Counsel                       $420 – $1,605 per hour
     Associates                       $225 – $965 per hour
     Legal Assistants/Paralegals      $150 – $495 per hour

Nancy Peterman, Esq., a shareholder of Greenberg Traurig, disclosed
in a court filing that she is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Nancy A. Peterman
     Greenberg Traurig, LLP
     1007 North Orange Street, Suite 1200
     Wilmington, DE 19801
     Tel.: +1 312.456.8400
     Email: petermann@gtlaw.com

                      About Gulf Coast Health Care

Gulf Coast Health Care, LLC is a licensed operator of 28 skilled
nursing facilities comprising nearly 3,350 licensed beds across
Florida, Georgia, and Mississippi.  It provides short-term
rehabilitation, comprehensive post-acute skilled care, long-term
care, assisted living, and therapy services in each of its
facilities.

Gulf Coast Health Care and 61 affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 21-11336) on Oct. 14,
2021. In the petition signed by Benjamin M. Jones as chief
restructuring officer, Gulf Coast Health Care listed up to $50
million in assets and up to $500 million in liabilities.

The cases are handled by Judge Karen B. Owens.

The Debtors tapped McDermott Will & Emery LLP and Ankura Consulting
Group LLC as legal counsel and restructuring advisor, respectively.
M. Benjamin Jones of Ankura serves as the Debtors' chief
restructuring officer. Epiq Corporate Restructuring, LLC is the
claims, noticing and administrative agent.

On Oct. 25, 2021, the U.S. Trustee for Region 3 appointed an
official committee of unsecured creditors in the Debtors' Chapter
11 cases.  Greenberg Traurig, LLP and FTI Consulting, Inc. serve as
the committee's legal counsel and financial advisor, respectively.


HK FACILITY SERVICES: Gets OK to Hire Joseph Wrobel Ltd. as Counsel
-------------------------------------------------------------------
HK Facility Services, Inc. received approval from the U.S.
Bankruptcy Court for the Northern District of Illinois to employ
Joseph Wrobel, Ltd. to serve as legal counsel in its Chapter 11
case.

The firm's services include:

   a. giving the Debtor legal advice with respect to its powers and
duties under the Bankruptcy Code;

   b. assisting the Debtor in the negotiation, formulation and
drafting of a plan of reorganization and representing the Debtor in
the plan confirmation process;

   c. examining claims asserted against the Debtor;

   d. taking the necessary action with reference to claims that may
be asserted against the Debtor and preparing legal papers;

   e. representing the Debtor in all adversary proceedings and
contested matters;

   f. representing the Debtor in its dealings with the Office Of
the U.S. Trustee and with creditors; and

   g. representing the Debtor in litigation in state and federal
courts.

The firm will be paid at the rate of $375 per hour and reimbursed
for out-of-pocket expenses incurred.  The retainer fee is $5,000.

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

The firm can be reached at:

     Joseph Wrobel, Esq.
     Joseph Wrobel, Ltd.
     206 1954 First Street
     Highland Park, IL 60035
     Tel: (312) 781-0996
     Email: josephwrobel@chicagobankruptcy.com

                  About HK Facility Services Inc.

HK Facility Services, Inc. provides janitorial services to
businesses and apartment buildings.  Founded in 2016, HK Facility
operates its business at 3209 N. Wilke Road, Suite 112, Arlington
Heights, Ill.

HK Facility filed a petition for Chapter 11 protection (Bankr. N.D.
Ill. Case No. 21-10458) on Sept. 9, 2021, listing up to $50,000 in
assets and up to $500,000 in liabilities.  Hugh McGuirk, president
of HK Facility, signed the petition.

Joseph Wrobel, Ltd. is the Debtor's bankruptcy counsel.


HORIZON SATELLITES: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Horizon Satellites, Inc.
        4768 Sherman Allen Rd
        Gainesville, GA 30507

Chapter 11 Petition Date: November 17, 2021

Court: United States Bankruptcy Court
       Northern District of Georgia

Case No.: 21-21193

Debtor's Counsel: William A. Rountree, Esq.
                  ROUNTREE, LEITMAN & KLEIN, LLC
                  Century Plaza I
                  2987 Clairmont Road, Ste 350
                  Atlanta, GA 30329
                  Tel: 404-584-1238
                  Fax: 404 704-0246
                  Email: swenger@rlklawfirm.com

Estimated Assets: $0 to $50,0000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Christopher Reynolds as chief executive
officer.

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

https://www.pacermonitor.com/view/H5ZZQ3A/Horizon_Satellites_Inc__ganbke-21-21193__0001.0.pdf?mcid=tGE4TAMA


HOUSTON AMERICAN: Incurs $351K Net Loss in Third Quarter
--------------------------------------------------------
Houston American Energy Corp. filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q disclosing a
net loss of $350,875 on $290,375 of oil and gas revenue for the
three months ended Sept. 30, 2021, compared to a net loss of
$259,765 on $126,425 of oil and gas revenue for the three months
ended Sept. 30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $664,695 on $922,862 of oil and gas revenue compared to
a net loss of $1.45 million on $351,489 of oil and gas revenue for
the nine months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $10.94 million in total
assets, $410,053 in total liabilities, and $10.53 million in total
shareholders' equity.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1156041/000149315221028172/form10-q.htm

                   About Houston American Energy

Based in Houston, Texas, Houston American Energy Corp. is a
publicly-traded independent energy company with interests in oil
and natural gas wells, minerals and prospects.  The company's
business strategy includes a property mix of producing and
non-producing assets with a focus on the Permian Basin in Texas,
Louisiana and Columbia.

Houston American reported a net loss of $4.04 million for the year
ended Dec. 31, 2020, a net loss of $2.51 million for the year ended
Dec. 31, 2019, and a net loss of $4.04 million for the year ended
Dec. 31, 2018.  As of June 30, 2021, the Company had $11.15 million
in total assets, $443,622 in total liabilities, and $10.71 million
in total shareholders' equity.


HUMANIGEN INC: Incurs $66.7 Million Net Loss in Third Quarter
-------------------------------------------------------------
Humanigen, Inc. filed with the Securities and Exchange Commission
its Quarterly Report on Form 10-Q disclosing a net loss of $66.74
million on $1.04 million of total revenue for the three months
ended Sept. 30, 2021, compared to a net loss of $30.75 million on
zero revenue for the three months ended Sept. 30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $203.11 million on $2.56 million of total revenue
compared to a net loss of $57.24 million on zero revenue for the
nine months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $77.94 million in total
assets, $95.58 million in total liabilities, and a total
stockholders' deficit of $17.64 million.

Net cash used in operating activities, net of balance sheet
changes, was $48.0 million for the three months ended Sept. 30,
2021, and $151.8 million for the nine months ended Sept. 30, 2021.
During the nine months ended Sept. 30, 2021, the company raised net
proceeds of $40.0 million from the sale of shares of common stock
under its At-the-Market offering program, drew $25.0 million under
its credit facility with Hercules Capital, providing net proceeds
of $24.4 million, and completed a public offering of common stock
with net proceeds of $94.2 million.  As of Sept. 30, 2021, the
company had cash and cash equivalents of $76.5 million.  Subsequent
to Sept. 30, 2021, the company received net proceeds of
approximately $24.5 million under its At-the-Market offering
program.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1293310/000121465921011594/hgen10qq3-2021.htm

                          About Humanigen

Based in Brisbane, California, Humanigen, Inc. (OTCQB: HGEN),
formerly known as KaloBios Pharmaceuticals, Inc. --
http://www.humanigen.com-- is a clinical stage biopharmaceutical
company developing its clinical stage immuno-oncology and
immunology portfolio of monoclonal antibodies. The Company is
focusing its efforts on the development of its lead product
candidate, lenzilumab, its proprietary Humaneered anti-human GM-CSF
immunotherapy, through a clinical research agreement with Kite
Pharmaceuticals, Inc., a Gilead company to study the effect of
lenzilumab on the safety of Yescarta, axicabtagene ciloleucel
including cytokine release syndrome, which is sometimes also
referred to as cytokine storm, and neurotoxicity, with a secondary
endpoint of increased efficacy in a multicenter Phase Ib/IIclinical
trial in adults with relapsed or refractory large B-cell lymphoma.

Humanigen reported a net loss of $89.53 million for the 12 months
ended Dec. 31, 2020, compared to a net loss of $10.29 million for
the 12 months ended Dec. 31, 2019.  As of June 30, 2021, the
Company had $121.73 million in total assets, $78.04 million in
total liabilities, and $43.70 million in total stockholders'
equity.


IMAGEWARE SYSTEMS: Posts $490K Net Income in Third Quarter
----------------------------------------------------------
Imageware Systems, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing net income
of $490,000 on $778,000 of revenue for the three months ended Sept.
30, 2021, compared to a net loss of $626,000 on $2.47 million of
revenue for the three months ended Sept. 30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported net
income of $9.87 million on $2.45 million of revenue compared to a
net loss of $6.65 million on $4 million of revenue for the same
period a year ago.

As of Sept. 30, 2021, the Company had $7.59 million in total
assets, $14.36 million in total liabilities, $6.97 million in
mezzanine equity, and a total stockholders' deficit of $13.75
million.

At Sept. 30, 2021 and Dec. 31, 2020, the Company had negative
working capital of $8,280,000 and $19,349,000, respectively.
Included in the Company's negative working capital as of Sept. 30,
2021 are $7,486,000 of derivative liabilities which are not
required to be settled in cash except in the event of the
consummation of a change of control or at any time after the fourth
anniversary of the Series D Preferred issuance, at which time the
holders of the Series D Preferred may require the Company to redeem
in cash any or all of the holder's outstanding Series D Preferred
at an amount equal to the Series D Liquidation Preference Amount.
At Sept. 30, 2021 the Liquidation Preference Amount totaled
$22,965,000.  Considering the financings consummated in 2020 and
2021, as well as its projected cash requirements, and assuming the
Company is unable to generate incremental revenue, its available
cash will be insufficient to satisfy its cash requirements for the
next twelve months from the date of this filing.  At Nov. 10, 2021,
cash on hand approximated $1,154,000.  Based on the Company's rate
of cash consumption in the first three quarters of 2021 and the
last quarter of 2020, the Company estimates it will need additional
capital in the first quarter of 2022 and its prospects for
obtaining that capital are uncertain.  As a result of the Company's
historical losses and financial condition, there is substantial
doubt about the Company's ability to continue as a going concern.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/941685/000143774921026754/iwsy20210930_10q.htm

                       About ImageWare Systems

Headquartered in San Diego, CA, ImageWare Systems, Inc. --
http://www.iwsinc.com-- provides defense-grade biometric
identification and authentication for access to data, products,
services or facilities.  The Company delivers next-generation
biometrics as an interactive and scalable cloud-based solution.
ImageWare brings together cloud and mobile technology to offer
two-factor, biometric, and multi-factor authentication for
smartphone users, for the enterprise, and across industries.

Imageware Systems reported a net loss of $7.25 million for the year
ended Dec. 31, 2020, compared to a net loss of $11.58 million for
the year ended Dec. 31, 2019.  As of June 30, 2021, the Company had
$8.77 million in total assets, $16.70 million in total liabilities,
$5.20 million in mezzanine equity, and a total shareholders'
deficit of $13.14 million.

San Diego, California- based Mayer Hoffman McCann P.C., the
Company's auditor since 2011, issued a "going concern"
qualification in its report dated April 2, 2021, citing that the
Company does not generate sufficient cash flows from operations to
maintain operations and, therefore, is dependent on additional
financing to fund operations.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.


INTEGRATED VENTURES: Posts $1.35 Million Net Income in First Quarte
-------------------------------------------------------------------
Integrated Ventures, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing net income
of $1.35 million on $1.92 million of total revenues for the three
months ended Sept. 30, 2021, compared to a net loss of $388,778 on
$83,227 of total revenues for the three months ended Sept. 30,
2020.

As of Sept. 30, 2021, the Company had $14.72 million in total
assets, $413,933 in total liabilities, $1.12 million in series C
preferred stock, $3 million in series D preferred stock, and $10.18
million in total stockholders' equity.

Until the three months ended Sept. 30, 2021, the Company has
reported recurring net losses since its inception and used net cash
in operating activities.  As of Sept. 30, 2021, the Company had an
accumulated deficit of $43,860,148.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001520118/000147793221008111/intv_10q.htm

                     About Integrated Ventures Inc.

Integrated Ventures Inc. -- www.integratedventuresinc.com --
operates as technology holdings Company with focus on
cryptocurrency sector.

Integrated Ventures reported a net loss of $22.43 million for the
year ended June 30, 2021, compared to a net loss of $1.08 million
for the year ended June 30, 2020.  As of June 30, 2021, the Company
had $13.36 million in total assets, $274,083 in total liabilities,
$1.13 million in series C preferred stock, $3 million in series D
preferred stock, and $8.96 million in total stockholders' equity.

Houston, TX-based M&K CPAS, PLLC, the Company's auditor since 2018,
issued a "going concern" qualification in its report dated Sept.
24, 2021, citing that the Company has suffered net losses from
operations in current and prior periods and has an accumulated
deficiency, which raises substantial doubt about its ability to
continue as a going concern.


IRONWOOD FINANCIAL: Wins Cash Collateral Access Thru Dec 17
-----------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Mississippi
has authorized Ironwood Financial, LLC to continue using cash
collateral on an interim basis, pursuant to the budget through
December 17, 2021.

Specifically, during the month of November 2021, Worldpay ISO,
Inc., f/k/a Vantiv, Inc., f/k/a National Processing Company, is
directed to release $122,000 of any residual payments to the Debtor
in the ordinary course of Worldpay's business after ascertaining
the amount of the residual payments in accordance with the terms of
the agreement between the Debtor and Worldpay, provided that the
total amount of the residual payment due to the Debtor for the
applicable period is at least $122,000. Other than as specified,
Worldpay agrees to hold and not apply towards the payment of
attorney fees any remaining residual payments for the applicable
periods, pending further order of the Court and/or agreement
between the Debtor and Worldpay.

Worldpay is permitted, but not directed, to file a motion for
summary judgment in connection with the Cash Collateral Motion on
or before December 15. The Debtor will have 21 days from the date
upon which Worldpay files any motion for summary judgment in which
to file its response. If the Debtor files a response, Worldpay will
have seven days from the date upon which the Debtor files its
response to file a reply.

A further hearing on the matter is scheduled for December 17 at 10
a.m.

A copy of the order and the Debtor's budget is available at
https://bit.ly/30Em6BB from PacerMonitor.com.

The budget provided for $72,276 in total monthly allocation for
expenses.

                     About Ironwood Financial

Oxford, Miss.-based Ironwood Financial, LLC sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Miss. Case No.
21-10866) on May 3, 2021. In the petition signed by John H. Lewis,
manager, the Debtor disclosed up to $10 million in assets and up to
$50 million in liabilities.  

Judge Jason D. Woodard oversees the case.  

Mitchell, McNutt & Sams, P.A. serves the Debtor's legal counsel.



JBS USA: S&P Rates New $1BB Unsec. Sustainable Linked Notes 'BB+'
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB+' issue-level rating to JBS USA
Lux S.A., JBS USA Finance Inc., and JBS USA Food Co.'s proposed $1
billion senior unsecured sustainable linked notes due 2032. S&P
also assigned a '3' recovery rating to the proposed notes, which
indicates average recovery expectation of 50%-70% in the event of
default.

At the same time, S&P assigned a 'BB+' issue-level rating to JBS
Finance Luxembourg S.A.R.L.'s proposed $1 billion notes due 2027.
S&P assigned a '4' recovery rating to the proposed notes, which
indicates average recovery expectation of 30%-50% in the event of
default.

The parent company, JBS S.A. (JBS; BB+/Positive/--), will fully and
unconditionally guarantee both notes. Therefore, recovery
expectations for the proposed 2032 notes are in line with all JBS
USA's other senior unsecured notes. On the other hand, recovery
expectations for the 2027 notes are in line with those of JBS's
other senior unsecured notes issued outside the U.S. The recovery
expectation for JBS's issuances is somewhat lower than those of its
U.S. subsidiaries, because debt has a different guarantors'
structure and JBS more leverage than its U.S. operations. S&P sees
the trend to improve recovery levels because of the record high
EBITDA and cash flows at its US beef division boosting consolidated
figures, but no significant change in capital structure.
The proceeds of the sustainable linked notes will be primarily used
for debt refinancing, continuing extending debt maturities, and
lowering the cost of debt. In addition, proceeds from the 2027
notes are for general corporate purposes, including short-term debt
repayment. The transactions would strengthen the company's cash
position, following recently higher shares repurchases, the likely
rise in dividends, and the planned acquisitions, such as those of
Vivera B.V., the meats and meals business of Kerry Consumer Foods,
the outstanding shares of Pilgrim's Pride Corp., and Huon
Aquaculture, among others.

Issue Ratings - Recovery Analysis

Key analytical factors

-- S&P simulated default scenario assumes a default in the first
half of 2026 amid high grain and cattle prices and a weak global
demand, pressuring margins and raising working capital, eroding
EBITDA and cash flows that would lead to a payment default.

-- S&P's approach is to perform separate valuations and default
scenarios for JBS and JBS USA due to the different jurisdictions to
which both companies are subject.

-- S&P has valued both companies using a 6x multiple applied to
emergence EBITDA. The multiple is in line with that it uses for
other U.S.-based protein processing issuers.

-- JBS USA's senior unsecured creditors benefit from a higher
recovery than those of JBS, given that they would have a claim
against JBS (guarantor of the debts) as well.

Simulated default assumptions

-- Simulated year of default: 2026

-- Emergence EBITDA: R$2.5 billion for JBS and $1.7 billion for
JBS USA

-- Multiple: 6x

-- Estimated gross enterprise value at emergence: R$15.2 billion
for JBS and $10.5 billion for JBS USA

Simplified waterfall

JBS USA

-- Net value available to creditors (after 5% administrative
costs): $9.9 billion

-- Senior secured debt: $3.6 billion (including the company's term
loan and revolving credit facilities)

-- Senior unsecured debt: $9.6 billion (including all of the
company's senior notes)

-- Recovery expectations for secured debt: 95%

-- Recovery expectations for unsecured debt guaranteed by JBS:
65%

JBS

-- Net value available to creditors (after 5% administrative
costs): R$14.4 billion

-- Senior secured debt: R$48 million (FINAME and FINEP lines)

-- Senior unsecured debt: R$30.9 billion (including the deficiency
claims from JBS USA debt that's guaranteed by JBS)

-- Recovery expectation for unsecured debt: 45%



JUST RELAX MASSAGE: Gets OK to Hire Moecker Auctions as Appraiser
-----------------------------------------------------------------
Just Relax Massage and Spa, LLC received approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire Moecker
Auctions, Inc. to conduct an appraisal of its personal property in
contemplation of a potential auction.
    
Moecker Auctions will be paid $150 per hour for non-travel services
and $75 per hour for the appraiser's travel time.

David Dybas, the firm's appraiser who will be providing the
services, disclosed in a court filing that he is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     David D. Dybas
     Moecker Auctions, Inc.
     1883 Marina Mile Blvd., Suite 106
     Fort Lauderdale, FL 33315
     Phone: 954-252-2887
     Fax: 954-252-2791
     Email: info@moeckerauctions.com

                 About Just Relax Massage and Spa

Just Relax Massage and Spa, LLC filed a petition for Chapter 11
protection (Bankr. M.D. Fla. Case No. 21-04234) on Aug. 13, 2021,
listing up to $50,000 in assets and up to $500,000 in liabilities.
Judge Caryl E. Delano oversees the case.

Joseph A. Pack, Esq., at Pack Law, and Suncoast CPA Group, PLLC
serve as the Debtor's legal counsel and accountant, respectively.


KESTRA ADVISOR: Moody's Affirms 'B3' CFR, Outlook Remains Stable
----------------------------------------------------------------
Moody's Investors Service affirmed Kestra Advisor Services Holdings
A, Inc.'s B3 corporate family rating and upgraded Kestra's backed
senior secured bank credit facility rating to B2 from B3. The
rating action follows Kestra's proposed $145 million add-on to its
existing first lien term loan and proposed new issuance of a $145
million second lien term loan (unrated) as part of a potential
dividend recapitalization transaction. Kestra's outlook remains
stable.

Kestra plans to use the net proceeds from its planned debt issuance
to fund acquisitions of RIA/wealth management firms through its
Bluespring business, add cash to the balance sheet, and potentially
make a distribution to its shareholders. The firm's shareholders
are primarily private equity funds affiliated with Warburg Pincus
LLC, the company's majority owner.

Moody's has taken the following rating actions on Kestra Advisor
Services Holdings A, Inc.:

Corporate Family Rating, Affirmed B3

Backed Senior Secured 1st Lien Bank Credit Facility, Upgraded to
B2 from B3

Outlook, Remains Stable

RATINGS RATIONALE

Moody's said that Kestra's planned $145 million add-on to its
existing first lien term loan and planned $145 million second lien
term loan will be used (after expenses) to fund acquisitions of
RIA/wealth management firms through its Bluespring business, add
cash to the balance sheet, and potentially make a distribution to
its shareholders. Kestra's total debt following the transaction
will be $756 million, up from $466 million as of June 30, 2021.

Moody's said its affirmation of Kestra's B3 CFR reflects Kestra's
high leverage, low profitability, but strong revenue and EBITDA
growth driven by M&A and advisor recruiting. Kestra's solid growth
in favorable revenue streams and client assets over the past two
years has resulted in higher EBITDA and cash flow generation. These
positive trends are offset by the higher debt balance and interest
burden associated with the recapitalization. On a proforma basis
that includes the transaction and future acquisitions currently
under letters of intent (LOIs), Moody's expects Kestra's
Debt/EBITDA (Moody's adjusted) leverage ratio to be 8.6x at
year-end 2021, compared to 7.0x as of year-end 2020, and 6.1x for
the trailing-12 months ended September 30, 2021. Moody's expects
the ratio to improve to 7.4x by year-end 2022.

The upgrade of the senior secured first lien term loan rating and
senior secured revolving credit facility rating to B2 from B3 is
based on Moody's application of its Loss-given-default (LGD) for
speculative-grade companies methodology and model. Kestra's
proposed second lien term loan will provide a subordination benefit
to its first lien credit facility, resulting in a first lien rating
that is now a notch higher than Kestra's B3 CFR due to its higher
priority ranking and lower expected loss-given-default.

Moody's said that Kestra's clients assets under management (AUM) as
of September 30, 2021 reached $55.7 billion. Moody's expects
Kestra's revenue to rise in the four quarter of 2021, driven by its
higher third quarter AUM balances, which is the basis for its
fourth quarter billing cycle.

The wealth management sector is subject to an increasingly complex
regulatory environment, including rules on fiduciary standards for
retirement account advisors. Changes in regulatory requirements
could prove complex and costly to implement, necessitating various
system and process changes and extensive training and customer
communications, and could significantly increase the ongoing
compliance costs and litigation exposures. Moody's said that
Kestra's fast-growing financial advisor base will require it to
devote increasing resources towards oversight and regulatory
compliance processes.

Moody's said Kestra's stable outlook reflects its favorable revenue
growth and prudent advisor recruiting policies that reinforce its
credit profile, offset by weaker debt leverage upon close of the
transaction and potential shareholder distribution. The stable
outlook also reflects Moody's expectation that Kestra's management
team will continue to grow through new recruitments and bolt-on
acquisitions, while maintaining sufficient liquidity to support the
firm's operations. Moody's said the firm remains susceptible to a
broad and sustained decline in clients' asset values, since its
revenue is concentrated in fees associated with these.

Kestra Advisor Services Holdings A, Inc. is the holding company for
several operating entities that provide wealth management services
for financial advisors. The corporate family includes Registered
Investment Advisors (RIAs), broker-dealers, insurance agencies, and
limited purpose trusts. As of September 2021, Kestra had over 2,000
independent financial advisors on its platform, with total client
assets under management of around $56 billion. The firm is majority
owned by funds managed by Warburg Pincus LLC.

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

Factors that could lead to an upgrade:

-- Improving profitability, pretax margin and EBITDA growth that
would sustain debt leverage below 6.5x

-- Continued implementation of a successful and prudent recruiting
strategy of productive advisors, resulting in strong net new client
asset growth and larger overall scale

-- Demonstration of a less aggressive financial policy with
commitment to leverage targets

Factors that could lead to a downgrade:

-- Deteriorating liquidity resulting in further draws on the
revolving credit facility

-- Increase in leverage above 7.5x on a sustained basis

-- Deterioration in advisor productivity, significant worsening of
advisor retention rates, or the emergence of significant regulatory
compliance issues

-- Revenue decline or weaker margins without the demonstration of
a reduction in operating expenses

-- A shift or deterioration in financial policy to further favor
shareholders, for example by another debt-funded shareholder
dividend prior to a sustained reduction in leverage

The principal methodology used in these ratings was Securities
Industry Service Providers Methodology published in November 2019.


KEYSER AVENUE: Gets OK to Hire Bonnette Auction Co. as Auctioneer
-----------------------------------------------------------------
Keyser Avenue Medical Par, LLC received approval from the U.S.
Bankruptcy Court for the Western District of Louisiana to employ
Bonnette Auction Company, LLC to market and auction its commercial
real property, including a medical clinic in Natchitoches, La.

The firm will be paid a commission of 10 percent of the sales
price.

Barbara Bonnette, a partner at Bonnette Auction Company, disclosed
in a court filing that her firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Barbara Bonnette
     Bonnette Auction Company, LLC
     3804 McKeithen Dr.
     Alexandria, LA 71303
     Tel: (318) 378-5324
     Email: barbara@bonnetteauctions.com.

                  About Keyser Avenue Medical Park

Keyser Avenue Medical Park, LLC, a company based in Natchitoches,
La., filed a petition for Chapter 11 protection (Bankr. W.D. La.
Case No. 21-80221) on June 11, 2021, listing $3,051,857 in assets
and $3,931,792 in liabilities.  James Knecht, MD, managing member,
signed the petition.

Affiliate, Natchitoches Medical Specialists, LLC, filed for Chapter
11 protection (Bankr. W.D. La. Case No. 21-80137) on April 11,
2021. The two cases are jointly administered under Natchitoches'
case and are handled by Judge Stephen D. Wheelis.

Bradley L. Drell, Esq. at Gold, Weems, Bruser, Sues & Rundell is
the Debtors' legal counsel.


KING MOUNTAIN: Wins Cash Collateral Access
------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Washington
has entered an order approving King Mountain Tobacco Company,
Inc.'s cash collateral budget and authorizing the Debtor to pursue
Barnhouse claims and use cash collateral on a final basis.

The Court says any amounts paid by the Debtor pursuant to the order
and in accordance with the Amended Budget will be deemed
transferred to the payee free and clear of any lien of the United
States Alcohol and Tobacco Tax and Trade Bureau.  The Debtor
otherwise may not use Cash Collateral for any purpose that is not
authorized by the Bankruptcy Code, the Amended Budget, and the
order or subsequent order of the Court.

The Debtor is permitted to pursue the Barnhouse Claims and
prosecute to judgment its Lawsuit pending in the District Court,
and any such other and further litigation, arbitration, or appeal
arising out of or related to the Barnhouse Claims, without further
Court order.

Any net recovery or proceeds received by the Debtor as a result of
the Barnhouse Litigation or on behalf of the Barnhouse Claims will
be subject to a lien of the Tax and Trade Bureau to the extent of
the enforceability of the Board's security interests in the
Barnhouse Claims and of the Replacement Liens in Postpetition
Collateral.

A copy of the order and the Debtor's amended budget is available at
https://bit.ly/3FpJcuk from PacerMonitor.com.

The Debtor projects $7,267,000 in total receipts and $6,915,500 in
total cash disbursements for the period from November 30, 2021 to
January 31, 2022.

                    About King Mountain Tobacco

King Mountain Tobacco Company, Inc. --
https://www.kingmountaintobacco.com/ -- is a Native American-owned
premium tobacco manufacturer.  It was founded by Delbert and Trina
Wheeler and incorporated in November 2005 under the laws of the
Yakama Nation, and registered as a foreign corporation with the
State of Washington.  Its products are 100% manufactured in the
United States.  King Mountain has paid Yakama Nation over $10
million in taxes over the past 10 years, which has been used to
assist the community in a variety of ways.

King Mountain Tobacco Company sought Chapter 11 protection (Bankr.
W.D. Wash. Case No. 20-01808) on Sept. 25, 2020.  The Debtor
disclosed total assets of $28,586,378 and total liabilities of
$92,425,329 as of the bankruptcy filing.  

The Hon. Whitman L. Holt is the case judge.  

James L. Day, Esq., at Bush Kornfeld LLP, serves as the Debtor's
legal counsel.



KINTARA THERAPEUTICS: Incurs $6 Million Net Loss in First Quarter
-----------------------------------------------------------------
Kintara Therapeutics, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $5.97 million for the three months ended Sept. 30, 2021,
compared to a net loss of $19.52 million for the three months ended
Sept. 30, 2020.  

The decrease in the net loss for the three months ended Sept. 30,
2021 compared to the three months ended Sept. 30, 2020 was largely
due to the recognition of $16.1 million of non-cash expenses
related to the acquisition of in-process research and development
costs associated with the merger with Adgero Biopharmaceuticals
Holdings, Inc. in August 2020.

As of Sept. 30, 2021, the Company had $22.34 million in total
assets, $3.18 million in total liabilities, and $19.16 million in
total stockholders' equity.  At Sept. 30, 2021, the Company had
cash and cash equivalents of approximately $19.3 million.   

"Our focus this past quarter was purely on executing the clinical
strategy for VAL-083, our first-in-class, potentially
transformational therapy for multiple oncology indications, and
REM-001, our late-stage photodynamic therapeutic platform,"
commented Robert E. Hoffman, Kintara's president and chief
executive officer. "I'm particularly pleased to report that we have
exceeded our expectations regarding the pace of enrollment for the
GBM AGILE study and as such, remain confident that we'll meet the
goal of advancing to the final registration stage of the study in
the third quarter of calendar 2022."

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001498382/000156459021056793/ktra-10q_20210930.htm

                           About Kintara

Located in San Diego, California, Kintara (formerly DelMar
Pharmaceuticals) is dedicated to the development of novel cancer
therapies for patients with unmet medical needs.  Kintara is
developing two late-stage, Phase 3-ready therapeutics for clear
unmet medical needs with reduced risk development programs. The two
programs are VAL-083 for GBM and REM-001 for CMBC.

Kintara reported a net loss of $38.30 million for the year ended
June 30, 2021, compared to a net loss of $9.13 million for the year
ended June 30, 2020.  As of June 30, 2021, the Company had $13.54
million in total assets, $2.96 million in total liabilities, and
$10.58 million in total stockholders' equity.

San Francisco, CA-based Marcum LLP, the Company's auditor since
2019, issued a "going concern" qualification in its report dated
Sept. 28, 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.


KMART CORP: Will Close Its Last Store in Michigan Permanently
-------------------------------------------------------------
Chris Yu of News Channel 3 reports that Michigan's last Kmart to
close permanently in less than a week.

The end of an era will happen at the end of this third week of
November 2021. The last Kmart in Michigan will close for good.

An employee at the Kmart on West Michigan Avenue in Marshall said
the store will open for the last time at 9 a.m. on Sunday, Nov. 21.
Once everything is sold, the Kmart will be shuttered permanently.

Items are up to 85% off in the store. Although many shelves are
empty, a wide assortment of clothes remain.

News Channel 3 learned in September that the Kmart will close. But
at that time, an exact date was unknown. News Channel 3 had
contacted Kmart's corporate owner, Transformco, based in Hoffman
Estate, Illinois, but did not hear back.

Michigan is the birthplace of Kmart. In 1899, Sebastian Kresge
opened a store in downtown Detroit offering low-priced items,
according to Transformco's website. Kresge expanded to 85 stores in
1912. The S.S. Kresge Company opened its first Kmart store in 1962
in Garden City, Michigan.

At Kmart's peak, there were thousands of stores worldwide.

Kmart and Sears merged as Sears Holdings Corporation in 2005. After
filing for Chapter 11 bankruptcy in 2018, Sears Holding
Corporation's assets were acquired by Transformco.

News of Kmart's closure in Marshall came less than four years after
the Kmart on Capital Avenue in Battle Creek closed. The Sears at
Lakeview Square Mall in Battle Creek later closed as well.

                       About Kmart Corporation

Kmart -- http://www.kmart.com/-- a wholly owned subsidiary of
Sears Holdings Corporation, is a mass merchandising company.

Retailer Kmart Corporation and 37 of its U.S. subsidiaries filed
voluntary Chapter 11 petitions (Bankr. N.D. Ill. Lead Case No.
02-02474) on Jan. 22, 2002. Kmart emerged from chapter 11
protection on May 6, 2003, pursuant to the terms of an Amended
Joint Plan of Reorganization. John Wm. "Jack" Butler, Jr., Esq., at
Skadden, Arps, Slate, Meagher & Flom, LLP, represented the retailer
in its restructuring efforts. The Company's balance sheet showed
$16,287,000,000 in assets and $10,348,000,000 in debts when it
sought chapter 11 protection. Kmart bought Sears,
Roebuck & Co., for $11 billion to create the third-largest U.S.
retailer, behind Wal-Mart and Target, and generate $55 billion in
annual revenues. Kmart completed its merger with Sears on March 24,
2005.




LEAFBUYER TECHNOLOGIES: Posts $2.96M Net Income in First Quarter
----------------------------------------------------------------
Leafbuyer Technologies, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing net income
of $2.96 million on $851,693 of revenue for the three months ended
Sept. 30, 2021, compared to net income of $55,280 on $652,723 of
revenue for the three months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $3.13 million in total
assets, $7.17 million in total liabilities, and a total
stockholders' deficit of $4.05 million.

Leafbuyer stated, "The ability to continue as a going concern is
dependent upon the Company generating profitable operations in the
future and/or obtaining the necessary financing to meet its
obligations and repay its liabilities arising from normal business
operations when they come due.  Management intends to finance
operating costs over the next twelve months from the date of the
issuance of these unaudited condensed consolidated financial
statements with existing cash on hand and/or the private placement
of common stock or obtaining debt financing.  There is, however, no
assurance that the Company will be able to raise any additional
capital through any type of offering on terms acceptable to the
Company, as existing cash on hand will be insufficient to finance
operations over the next twelve months."

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1643721/000147793221008102/lbuy_10q.htm

                          About Leafbuyer

Leafbuyer Technologies, Inc. is a marketing technology company for
the cannabis industry and is an online cannabis resource.

Leafbuyer reported a net loss of $5.03 million for the year ended
June 30, 2021 compared to net income of $1.30 million for the year
ended June 30, 2020.  As of June 30, 2021, the Company had $3.40
million in total assets, $10.63 million in total liabilities, and a
total deficit of $7.22 million.

Lakewood, Colorado-based B F Borgers CPA PC, the Company's auditor
since 2017, issued a "going concern" qualification in its report
dated Oct. 13, 2021, citing that the Company has suffered recurring
losses from operations and has a significant accumulated deficit.
These factors raise substantial doubt about the Company's ability
to continue as a going concern.


LTI HOLDINGS: Moody's Rates New Secured First Lien Term Loans 'B2'
------------------------------------------------------------------
Moody's Investors Service assigned a B2 rating to LTI Holdings,
Inc.'s (Boyd) new $125 million senior secured first lien term loan
due 2026 and the new $75 million delayed draw senior secured first
lien term loan due 2026. All other ratings for Boyd are unchanged,
including the B3 corporate family rating and the B3-PD probability
of default rating. Boyd's first lien senior secured bank debt
rating is also unchanged at B2 as is the second lien senior secured
debt rating at Caa2. The outlook is stable.

Proceeds from the transaction will be used to fund three tuck-in
acquisitions and the purchase of Siltec, a recently closed
acquisition that complements Boyd's design and engineering
competency in the custom silicone compounding space. The delayed
draw term loan is expected to be used for general corporate
purposes.

"Boyd's debt-to-EBITDA remains very high at about 8.8 times pro
forma for this transaction on a Moody's adjusted basis, although we
expect leverage to improve at least a turn to under 7.8 times by
year-end 2022," said Brian Silver, a Moody's Vice-President. "A
portion of Boyd's first lien term loan matures in September 2025,
and we expect the company to reduce leverage, largely via EBITDA
growth, such that the company will be able to successfully
refinance its debt obligations" continued Silver.

Assignments:

Issuer: LTI Holdings, Inc. (Boyd)

NEW $125 million senior secured bank credit facility due 2026,
Assigned B2 (LGD3)

NEW $75 million senior secured delayed draw term loan due 2026,
Assigned B2 (LGD3)

RATINGS RATIONALE

Boyd's ratings, including the B3 CFR, reflect the company's highly
leveraged capital structure and cash flow headwinds that had
resulted from a product quality issue with a customer. Boyd's
top-line growth remains susceptible to a material amount of
variability from quarter to quarter, largely driven by the timing
and success of its key customer's product launches, or lack
thereof. Revenue pressure will develop if either large customer
product launches are delayed or their orders are cancelled due to
poor product acceptance in the marketplace.

Boyd also has some customer concentration with its top five
representing nearly one-third of total revenue. In addition, the
company faces execution risk associated with its international
expansion, as well as its North American footprint realignment that
will span through at least the end of 2022. However, the global
footprint realignment, in addition to reducing labor costs will
also strengthen the company's ability to meet customer demand in
those regions.

Boyd benefits from strong relationships with its key customers.
Boyd is often ingrained in their customer's supply chains as a
provider of typically low cost but often critical products and
Boyd's record of being able to supply those parts at high volume.
The company also generates solid EBITDA margin resulting in part
from the specialization and value-add of its product offerings,
which are often patented, customized, or proprietary. Boyd has
broad geographic diversity of customers and manufacturing
footprint, operating throughout the US, Europe and Asia. Moody's
also has a favorable long-term outlook for demand in Boyd's end
markets, and anticipates that liquidity will remain adequate over
the next twelve months.

Boyd will maintain adequate liquidity supported by a cash balance
of $112 million at September 30, 2021 and access to an undrawn $135
million revolving credit facility expiring September 2023, which
was recently increased by $10 million. Boyd's liquidity has
improved over the last few quarters, but the company continues to
have a large annual interest expense burden and ongoing product
liability payments that must be made through the first half of
2022.

The stable outlook reflects Moody's expectation that Boyd will
continue deleveraging while maintaining sufficient liquidity to
address the product liability payments along with normal operating
needs.

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

The ratings could be upgraded if the company sees a return to
healthy topline growth and no erosion in margins, and
debt-to-EBITDA declines below 6 times with further deleveraging
anticipate. In addition Moody's would expect EBITDA margin to be
sustained in excess of 22%.

The ratings could be downgraded if Moody's do not believe the
company is on the trajectory to reach the low 6 times
debt-to-EBITDA range in the next few years, or if there is a
material deterioration in liquidity for any reason, likely
highlighted by increasing revolver reliance. In addition, the
ratings could be downgraded if there is any erosion of contracts
from major customers or the company makes any large acquisitions
prior to the company satisfying a significant portion of the
product liability.

The principal methodology used in these ratings was Manufacturing
published in September 2021.

LTI Holdings, Inc. (Boyd) is a California-based manufacturer of
customized, precision products that provide thermal management
(prevent overheating) and environmental sealing (protect from heat,
moisture or radio-frequency) solutions to customers serving a broad
array of end markets including mobile electronics, medical, and
aerospace and defense among others. Revenue was nearly $1.14
billion for the trailing twelve months ended September 30, 2021.


MANNY'S MEXICAN: Seeks to Hire TAP Consulting as Accountant
-----------------------------------------------------------
Manny's Mexican Cocina, Inc. seeks approval from the U.S.
Bankruptcy Court for the Western District of Wisconsin to employ
TAP Consulting, LLC as its accountant.

The firm's services include the preparation of cash flow analysis,
monthly operating reports, balance sheet and income tax returns.
TAP will be paid at the rate of $225 per hour for its services and
will be reimbursed for out-of-pocket expenses incurred.

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

The firm can be reached at:

     Sali L. Sheafor
     TAP Consulting, LLC
     3934 Circle Drive
     Holmen, WI 54636
     Tel: (608) 519-3072
     Email: sali@tapconsultantlax.com

                 About Manny's Mexican Cocina Inc.

Manny's Mexican Cocina, Inc. filed its voluntary petition for
Chapter 11 protection (Bankr. W.D. Wis. Case No. 21-12059) on Oct.
6, 2021. Lynnae Rivera, company owner, signed the petition.

Judge Catherine J. Furay oversees the case.

Galen W. Pittman, Esq., at Pittman & Pittman Law Offices, LLC and
TAP Consulting, LLC serve as the Debtor's legal counsel and
accountant, respectively.


MOLECULAR & DIAGNOSTIC: Case Summary & 20 Top Unsecured Creditors
-----------------------------------------------------------------
Debtor: Molecular & Diagnostic Testing Labs of America, LLC
        1529 Cliff Gookin Blvd
        Tupelo, MS 38801

Business Description: The Debtor is a reference lab located in
                      Tupelo, Mississippi providing laboratory
                      testing services.

Chapter 11 Petition Date: November 17, 2021

Court: United States Bankruptcy Court
       District of Mississippi

Case No.: 21-12201

Judge: Hon. Selene D. Maddox

Debtor's Counsel: Robert Gambrell, Esq.
                  GAMBRELL & ASSOCIATES, PLLC
                  101 Ricky D Britt Sr Blvd, Ste 3
                  Oxford, MS 38655-4236
                  Tel: 662-281-8800
                  Fax: 662-202-1004
                  Email: rg@ms-bankruptcy.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Joseph R. Campbell a/k/a Joey Campbel as
managing member.

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

https://www.pacermonitor.com/view/L7DM4XI/Molecular__Diagnostic_Testing__msnbke-21-12201__0001.0.pdf?mcid=tGE4TAMA


MOVIMIENTO PENTECOSTAL: Taps Tamarez CPA, LLC as Accountant
-----------------------------------------------------------
Movimiento Pentecostal Apostolico Cristiano Inc. seeks approval
from the U.S. Bankruptcy Court for the District of Puerto Rico to
employ Tamarez CPA, LLC as its accountant.

The firm's services include:

   a) reconciling financial information to assist the Debtor in the
preparation of monthly operating reports;

   b) assisting in the reconciliation and clarification of proof of
claims filed and the amount due to creditors;

   c) providing general accounting and tax services;

   d) assisting the Debtor and its legal counsel in the preparation
of supporting documents for the Chapter 11 reorganization plan.

The firm will be paid $450 per month and will be reimbursed for
out-of-pocket expenses incurred.  The retainer fee is $1,900.

Albert Tamarez, a partner at Tamarez CPA, disclosed in a court
filing that his firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Albert Tamarez
     Tamarez CPA, LLC
     1519 Ave. Ponce De Leon Suite 412
     San Juan, PR 00909-1713
     Tel: (787) 795-2855
     Fax: (787) 200-7912
     Email: atamarez@tamarezcpa.com

              About Movimiento Pentecostal Apostolico
                          Cristiano Inc.

Movimiento Pentecostal Apostolico Cristiano, Incorporado filed a
petition for Chapter 11 protection (Bankr. D.P.R. Case No.
21-02645) on Sept. 1, 2021, listing as much as $500,000 in both
assets and liabilities.   Judge Mildred Caban Flores oversees the
case.  The Debtor is represented by Almeida & Davila, P.S.C.


MT. GOX CO: Trustee Gives Final Approval for Bitcoin Repayment Plan
-------------------------------------------------------------------
Olga Kharif of Bloomberg News reports that Mt. Gox bitcoin
repayment plan gets final approval from trustee.

Creditors of the defunct crypto exchange Mt. Gox are getting closer
to receiving reimbursements under a plan that became final and
binding, bringing one of the longest-running sagas in the
cryptocurrency world nearer to an end.

The timing and specific amount of the repayments haven't been
announced, according to a letter Tuesday from a Japanese trustee,
who is in charge of returning the funds to creditors.  Investors
will have to provide their bank accounts and other information to
receive repayments.

The repayments could eventually lead to the distribution of more
than $8.5 billion in Bitcoin.

                          About Mt. Gox

Tokyo-based MtGox Co., Ltd., operated a virtual currency
transaction system.
Mt.Gox was the largest exchange for most of Bitcoin's existence and
was handling about 6 percent of all Bitcoins in circulation.

In February 2014, MtGox Co., Ltd., announced in that it was filing
for bankruptcy after tens of millions of dollars worth of the
virtual currency and client funds disappeared.  

In March 2014, MtGox sought bankruptcy protection in Japan. The
bankruptcy in
Japan came after the bitcoin exchange lost 850,000 bitcoins valued
at about $475 million "disappeared."

The Company filed a petition under Chapter 15 of the U.S.
Bankruptcy Code on March 9, 2014. It filed for bankruptcy
protection in the U.S. to prevent customers from targeting the cash
it holds in U.S. bank accounts.

The Chapter 15 case is In re MtGox Co., Ltd., Case No. 14-31229
(Bankr. N.D. Tex.).  The Chapter 15 Petitioner is Robert Marie Mark
Karpeles, the company's chief executive officer. Mr. Karpeles is
represented by John E. Mitchell, Esq., and David William Parham,
Esq., at Baker & Mcckenzie LLP, in Dallas, Texas.

The bankruptcy trustee and foreign representative of MtGox Co. Ltd.
with respect to the Japan Bankruptcy Proceedings:

     MtGox Co., Ltd.
     Office of Bankruptcy Trustee
     Kojimachi 3 chome building #202
     Kojimachi 3-4-1
     Chiyoda-ku, Tokyo
     Tel: +81-3-4588-3922
     Attn: Nobuaki Kobayashi

The Ontario Superior Court of Justice (Commercial List) on Oct. 3,
2014, ordered, pursuant to Section 272 of the Bankruptcy and
Insolvency Act, that the bankruptcy proceedings commenced with
respect to MtGox Co., Ltd. -- aka Mt. Gox KK and dba MtGox -- be
recognized as a "foreign main proceeding."

The Canadian legal counsel to the bankruptcy trustee and foreign
representative of MtGox Co., Ltd, are Jeffrey Carhart and Margaret
Sims, at Miller Thomson LLP.



MY SIZE: Incurs $2 Million Net Loss in Third Quarter
----------------------------------------------------
My Size, Inc. filed with the Securities and Exchange Commission its
Quarterly Report on Form 10-Q disclosing a net loss of $2.01
million on $31,000 of revenues for the three months ended Sept. 30,
2021, compared to a net loss of $1.67 million on $88,000 of
revenues for the three months ended Sept. 30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $7.80 million on $88,000 of revenues compared to a net
loss of $4.44 million on $139,000 of revenues for the nine months
ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $4.97 million in total
assets, $1.88 million in total liabilities, and $3.09 million in
total stockholders' equity.

Since its inception, the Company has funded its operations
primarily through public and private offerings of debt and equity
in the State of Israel and in the U.S.

As of Sept. 30, 2021, the Company had cash, cash equivalents,
restricted cash of $3,809,000 compared to $1,774,000 of cash, cash
equivalents and restricted cash as of Dec. 31, 2020.  This increase
primarily resulted from the public offerings that the Company
completed in January and March 2021, including the overallotment
that closed in May 2021, and proceeds from warrants that were
exercised.

Cash used in operating activities amounted to $3,984,000 for the
nine months ended Sept. 30, 2021, compared to $3,791,000 for the
nine months ended Sept. 30, 2020.

Net cash provided by investing activities was $172,000 for the nine
months ended Sept. 30, 2021, compared to $209,000 (used in)
investing activities for the nine months ended Sept. 30, 2020.

Net cash provided by financing activities was $5,857,000 for the
nine months ended Sept. 30, 2021, compared to $6,094,000 for the
nine months ended Sept. 30, 2020.  The cash flow from financing
activities for the nine months ended Sept. 30, 2021 resulted from
the public offerings that occurred in January 2021 and March 2021,
including the full exercise of the underwriter's overallotment
option that occurred in May 2021 and from proceeds that were
received from an investor for warrants that were exercised.

The Company does not have any material commitments for capital
expenditures during the next twelve months.

"We expect to continue to generate losses and negative cash flows
from operations for the foreseeable future and expect to need to
obtain additional funds in the future.  Based on the projected cash
flows, the proceeds from the October 2021 offerings and warrant
exercises, and cash balances as of September 30, 2021, management
believes that the cash on hand will be sufficient to meet its
obligations for a period which is longer than 12 months.  However,
we will need to raise additional capital, which may not be
available on reasonable terms or at all," the Company stated.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1211805/000149315221028645/form10-q.htm

                       About My Size

Headquartered in Airport City, Israel, My Size, Inc. --
www.mysizeid.com -- is a creator of mobile device measurement
solutions that has developed innovative solutions designed to
address shortcomings in multiple verticals, including the
e-commerce fashion/apparel, shipping/parcel and do it yourself, or
DIY, industries.  Utilizing its sophisticated algorithms within its
proprietary technology, the Company can calculate and record
measurements in a variety of novel ways, and most importantly,
increase revenue for businesses across the globe.

My Size reported a net loss of $6.16 million for the year ended
Dec. 31, 2020, compared to a net loss of $5.50 million for the year
ended Dec. 31, 2019.  As of June 30, 2021, the Company had $6.36
million in total ass ets, $1.41 million in total liabilities, and
$4.94 million in total stockholders' equity.

Tel Aviv, Israel-based Member Firm of KPMG International, the
Company's auditor since 2017, issued a "going concern"
qualification in its report dated March 29, 2021, citing that the
Company has incurred significant losses and negative cash flows
from operations and has an accumulated deficit that raises
substantial doubt about its ability to continue as a going concern.



NATURALSHRIMP INC: Incurs $2.85 Million Net Loss in Second Quarter
------------------------------------------------------------------
Naturalshrimp Incorporated filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $2.85 million on zero sales for the three months ended Sept. 30,
2021, compared to a net loss of $589,879 on zero sales for the
three months ended Sept. 30, 2020.

For the six months ended Sept. 30, 2021, the Company reported a net
loss of $5.41 million on zero sales compared to a net loss of $1.07
million on zero sales for the six months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $34.49 million in total
assets, $11.90 million in total liabilities, $3.38 million in
series E redeemable convertible preferred stock, and $19.21 million
in total stockholders' equity.

As of Sept. 30, 2021, the Company had cash on hand of approximately
$801,000 and working capital of approximately $5,121,000 as
compared to cash on hand of approximately $156,000 and a working
capital deficiency of approximately $3,614,000 as of March 31,
2021.  The decrease in working capital for the six months ended
Sept. 30, 2021, is mainly due to the decrease in cash on-hand and
increase in accounts payable and accrued expenses, offset by a
decrease in notes payable – related parties.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001465470/000165495421012150/shmp_10q.htm

                       About Natural Shrimp

NaturalShrimp, Inc. is a publicly traded aqua-tech Company,
headquartered in Dallas, with production facilities located near
San Antonio, Texas.  The Company has developed a commercially
viable system for growing shrimp in enclosed, salt-water systems,
using patented technology to produce fresh, never frozen, naturally
grown shrimp, without the use of antibiotics or toxic chemicals.
NaturalShrimp systems can be located anywhere in the world to
produce gourmet-grade Pacific white shrimp.

Naturalshrimp reported a net loss of $3.59 million for the year
ended March 31, 2021, compared to a net loss of $4.81 million for
the year ended March 31, 2020.  As of March 31, 2021, the Company
had $15.22 million in total assets, $10.12 million in total
liabilities, $2.02 million in series D redeemable convertible
preferred stock, and $3.07 million in total stockholders' equity.

Dallas, Texas-based Turner, Stone & Company, L.L.P., the Company's
auditor since 2015, issued a "going concern" qualification in its
report dated June 29, 2021, citing that the Company has suffered
significant losses from inception and has a significant working
capital deficit.  These conditions raise substantial doubt about
its ability to continue as a going concern.


NEXEL SERVICES: Seeks to Hire Lane Law Firm as Legal Counsel
------------------------------------------------------------
Nexel Services, LLC seeks approval from the U.S. Bankruptcy Court
for the Southern District of Texas to employ The Lane Law Firm,
PLLC to serve as legal counsel in its Chapter 11 case.

The firm's services include:

   a. assisting the Debtor in the administration of its bankruptcy
case;

   b. assisting the Debtor in analyzing its assets and liabilities,
investigating the extent and validity of lien and claims, and
participating in and reviewing any proposed asset sales or
dispositions;

   c. attending meetings and negotiating with representatives of
secured creditors;

   d. assisting the Debtor in the preparation, analysis and
negotiation of any plan of reorganization and disclosure
statement;

   e. taking all necessary actions to protect and preserve the
interests of the Debtor;

   f. appearing in court and the Office of the U.S. Trustee; and

   g. performing all other necessary legal services.

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

     Partners                  $550 per hour
     Senior Associates         $475 per hour
     Associates                $350 to $400 per hour
     Paraprofessionals         $125 to $175 per hour

The firm received from the Debtor a retainer of $28,000 and will
receive reimbursement for out-of-pocket expenses incurred.

Robert Lane, Esq., a partner at The Lane Law Firm, disclosed in a
court filing that his firm is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Robert C. Lane, Esq.
     Joshua D. Gordon, Esq.
     Christopher C. West, Esq.
     The Lane Law Firm, PLLC
     6200 Savoy, Suite 1150
     Houston, TX 77036
     Tel: (713) 595-8200
     Fax: (713) 595-8201
     Email: notifications@lanelaw.com

                     About Nexel Services LLC

Nexel Services, LLC filed a petition for Chapter 11 protection
(Bankr. S.D. Texas Case No. 21-33475) on Oct. 27, 2021, listing up
to $50,000 in assets and up to $1 million in liabilities.  Kashif
Ijaz, chief executive officer, signed the petition.  Judge Jeffrey
P. Norman oversees the case.  The Debtor tapped The Lane Law Firm,
PLLC as legal counsel.


NORTHLAND CORP: Taps Gant Hill & Associates as Real Estate Broker
-----------------------------------------------------------------
Northland Corporation seeks approval from the U.S. Bankruptcy Court
for the Western District of Kentucky to hire Gant Hill &
Associates, LLC to market its real properties in LaGrange, Ky.

The properties are comprised of five parcels of real estate
consisting of more than 75 acres of land and industrial
improvements and one residential property on approximately two
acres.

The firm will get a 6 percent commission on the total sale price,
subject to adjustment or splitting as may be agreed in any real
estate sales contract.

Yancy Moore, the firm's broker who will be providing the services,
disclosed in a court filing that he is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Yancy Moore
     Gant Hill & Associates LLC
     10300 Linn Station Rd, Ste 300
     Louisville, KY 40223
     Office: 502-515-4455
     Mobile: 502-592-1276
     Email: yancy@ganthill.com

                    About Northland Corporation

Northland Corporation -- http://northlandcorp.com-- is in the
business of drying, sorting, and grading hardwood lumber. From its
headquarters in LaGrange, Ky., and lumberyards in Collinwood,
Tenn., and Blainville, Quebec, the Debtor processes and sells a
variety of lumber species native to central North America and
imports other hardwoods to customers throughout North America and
beyond.  

Northland Corporation filed a petition for Chapter 11 protection
(Bankr. W.D. Ky. Case No. 20-31934) on July 27, 2020, listing as
much as $10 million in both assets and liabilities.  Orn E.
Gudmundsson, Jr., chief executive officer, signed the petition.

Judge Joan A. Lloyd oversees the case.

Tyler R. Yeager, Esq., and Charity S. Bird, Esq., at Kaplan Johnson
Abate & Bird, LLP serve as the Debtor's bankruptcy attorneys.

On Sept. 15, 2020, the U.S. Trustee for Region 8 appointed an
official committee of unsecured creditors in the Debtor's Chapter
11 case.  The committee is represented by the law firms of McClain
DeWees, PLLC and Louisville Lawyer, PLLC.


OCTAVE MUSIC: S&P Upgrades ICR to 'B', Outlook Stable
-----------------------------------------------------
S&P Global Ratings raised its issuer credit rating and issue-level
rating to 'B' from 'B-' for The Octave Music Group Inc.

S&P's stable outlook reflects its expectation that Octave will
continue to benefit from the return of foot traffic to its service
locations and that its revenues and EBITDA generation will continue
to recover leading to leverage in the low-4x area and free
operating cash flow (FOCF) to debt above 10% in 2021.

The company sold its PlayNetwork segment and used some of the
proceeds already received to repay debt.

On Sept. 17, 2021, The Octave Group sold its PlayNetwork segment to
MoodMedia for an undisclosed amount. S&P said, "We view the sale as
favorable for credit quality given our expectation that PlayNetwork
would have a slower recovery in earnings from the pandemic, and
minimal EBITDA contribution in 2021 and 2022. The company used some
of the proceeds already received from the sale to prepay a portion
of its term loan. We expect the company's leverage to decline
significantly by the end of the year, to the low-4x area due to
strong EBITDA growth and debt repayment. Nevertheless, given the
company's financial sponsor ownership, we don't expect the
company's leverage will remain in the low-4x area over the long
term. Given the company's financial sponsor ownership, we expect
the company would opportunistically pursue leveraging acquisitions
or dividends to maximize shareholder value."

Usage of Octave's products has improved due to recovering foot
traffic at bars, and restaurants across the U.S.

Since the beginning of 2021, U.S. cities and states have gradually
eased their pandemic-related restrictions on public gatherings due
to increasing vaccination numbers and steadily declining COVID-19
infection rates. These easing restrictions, combined with strong
consumer demand for social gatherings, have boosted patronage at
bars and restaurants that utilize Touchtunes. Usage of Touchtunes
digital jukeboxes has improved substantially since the depths of
the pandemic in 2020. In the third quarter of 2021, while the total
number of active jukeboxes were at 94% of pre-pandemic levels, the
coinage per jukebox (a measure of usage per machine and price per
play) was steadily above that of comparable 2019 periods. S&P said,
"In our view, this period of strong usage speaks to pent-up demand
for social gatherings and entertainment as patrons returned to bars
and restaurants after social distancing during 2020. In our view,
this favorable coinage trend may continue for the remaining of the
year as consumer demand for social engagements remains high,
vaccination rates increase, and infection and hospitalization
remain low. In 2022, we expect coinage-per-jukebox metrics may
gradually moderate more normalized levels as lower usage partially
offsets price per play increases. However, this decline is likely
to be offset by an increasing number of Touchtunes locations
opening back up, thereby still increasing gross coinage."

EBITDA and cash flow generation have improved with recovering
revenues since the start of 2021.

Year-to-date positive revenue trends for Octave's products and
services, combined with the company's cost actions over the past 12
months, have resulted in substantially improved EBITDA and cash
flow generation for the first three quarters of 2021 relative to
the same period a year ago. S&P said, "We expect this trend will
continue through 2021 and into 2022 as the company's revenue base
steadily recovers toward pre-pandemic levels. As a result, we
expect the company's credit metrics will improve accordingly, with
leverage declining to the low-4x area in 2021 and 2022 from 13.7x
in 2020. FOCF to debt should also improve to the 10%-12% range in
2021 and 2022 from 3.1% in 2020. We believe the company's expected
stronger operating performance, specifically its ability to
generate positive free operating cash flow, will allow it to make
voluntary debt repayment and service its $10 million annual
mandatory debt amortization on its outstanding $255 million senior
secured term loan when it resumes in 2023."

S&P said, "Our stable outlook reflects our expectation that Octave
will continue to benefit from the return of foot traffic to its
service locations and reopening of service locations. We expect
that its revenue and EBITDA generation will recover leading to
leverage in the low-4x area and FOCF to debt above 10% in 2022.

"We could lower our rating on Octave if we believe business
disruptions from the pandemic will increase the company's leverage
above 6x. This would most likely occur if COVID-19 cases resurge,
state and local governments return to more stringent
social-distancing measures, and consumer preferences change such
that foot traffic in bar and restaurants that utilize Octave's
services substantially falls. Additionally, we could lower the
rating if the company's financial policy becomes more aggressive
than expected with debt-funded dividend or acquisitions increasing
leverage above 6x.

"We could raise our rating on Octave if the company adopts a more
conservative financial policy and exhibits a record of maintaining
leverage comfortably below 5x for a sustained period. For an
upgrade, we would also look for the company to continue to grow
revenues and maintain EBITDA margins in the 30% area."



PAR LTD PARTNERSHIP: Taps Alex Cooper as Commercial Auctioneer
--------------------------------------------------------------
Par Limited Partnership seeks approval from the U.S. Bankruptcy
Court for the District of Maryland to hire Alex Cooper Auctioneers,
Inc. to market and sell its commercial properties in Maryland by
auction.

The Debtor owns commercial properties located at 14474-14478 S.
Solomons Island Road, Solomons, Md.; 3935 Oyster House Lane,
Broomes Island, Md.; and 3944 Oyster House Lane, Broomes Island,
Md.

The firm will get a commission of 6 percent of the purchase price.

Paul Cooper of Alex Cooper Auctioneers disclosed in a court filing
that he is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Paul Cooper
     Alex Cooper Auctioneers, Inc.
     908 York Road
     Towson, Maryland 21204
     Tel: 800.272.3145
     Email: info@alexcooper.com

                        About Pat Limited Partnership

Broomes Island, Md.-based Par Limited Partnership is the owner and
operator of Stoney's Kingfishers Seafood Bar & Grill and sister
restaurant Stoney's Seafood House.

Par Limited Partnership filed a petition for Chapter 11 protection
(Bankr. D. Md. Case No. 21-16576) on Oct. 18, 2021, listing as much
as $10 million in both assets and liabilities. Louis P. Stone, III,
general partner, signed the petition.

Steven L. Goldberg, Esq., at McNamee, Hosea, Jernigan, Kim, Greenan
& Lynch, PA is the Debtor's legal counsel.


PERKY JERKY: Has Deal on Cash Collateral Access
-----------------------------------------------
Perky Jerky, LLC asks the U.S. Bankruptcy Court for the District of
Colorado for authority to use cash collateral and provide adequate
protection to properly perfected secured creditors.

The Debtor's bankruptcy filing is caused by the economic conditions
related to the COVID-19 pandemic. Since the pandemic began,
retailers limited orders of Perky Jerky products due to diminished
foot traffic in retail stores. In addition, Perky Jerky's raw
material and ingredient costs have increased sharply and supply
chain issues have caused a diminished ability to supply jerky
product at a profitable cost.

The Debtor and Aegis Business Credit entered into a Purchase
Order/Factoring and Security Agreement dated April 24, 2020. Aegis
assigned the Loan Agreement to Howard Investment Holdings, LLC
pursuant to the Assignment and Consent Agreement dated December 11,
2020. An original UCC-1 financing statement was filed with the
Delaware Secretary of State on April 23, 2020. On December 21,
2020, Howard Investment filed a subsequent UCC-1 financing
statement reflecting the assignment. The Howard Investment Loan
Agreement provides the lender with a lien on substantially all of
the assets of the Debtor. The amount due and owing under the HIH
Loan Agreement is approximately $810,420.

The Debtor and Triple Peak, LLC entered into the Junior Secured
Promissory Note in principle amount of $400,000 and dated September
4, 2020. The Triple Peak Note granted the Triple Peak a lien on
substantially all of the assets of the Debtor. As a part of the
Note, Triple Peak agreed its indebtedness is subordinate to the HIH
Loan Agreement. Triple Peak filed a UCC-1 financing statement with
the Delaware Secretary of State on September 11, 2020. The amount
due and owing under the Triple Peak Note is approximately
$260,000.

Howard Investment and/or Triple Peak may have a secured lien
position on the Debtor's funds and revenues that constitute cash
collateral as the term is defined in the Bankruptcy Code.

The Debtor and Howard Investment have entered into an Interim Cash
Collateral Agreement.  The pertinent terms of the Agreement are:

     a. The Debtor acknowledges that pursuant to the HIH Loan
Agreement, the Debtor is indebted and liable to Howard Investment
in the amount of approximately $844,699. The Debtor does not
believe the Prepetition Debt is subject to subordination or
recharacterization for any reason, and believes the liens and
security interests granted to Howard Investment are valid, duly
authorized, perfected, enforceable, non-voidable, first-priority
liens and security interests in the Debtor's assets as of the
Petition Date.

     b. All of the Debtor's cash, including the cash and other
items located in accounts constituting a portion of Howard
Investment's Prepetition Collateral, wherever located, whether as
original collateral or cash proceeds of Howard Investment's
Prepetition Collateral are included within the definition of the
term "Cash Collateral". Subject to the terms and conditions set
forth in the Interim Cash Collateral Agreement, Howard Investment
consents to the Debtor's interim use of Cash Collateral in the
ordinary course of the Debtor's business in accordance with the
budget until the earlier to occur of (a) entry of an order allowing
the use of Cash Collateral on a final basis, or (b) termination of
the Agreement. The Debtor agrees to limit its net cash flow
variance on its Budget to no more than 10% per line item per
month.

Perky Jerky's total asset value as of the Petition Date is
approximately $1,934,045.  The Debtor's accounts receivable as of
the Petition Date is approximately $624,123. The Debtor's cash on
hand and in bank accounts as of the Petition Date is approximately
$245,298.

As adequate protection for the Debtor's use of cash collateral, the
Debtor will provide Triple Peak with a replacement lien on all
post-petition accounts and accounts receivable to the extent that
the use of the cash collateral results in a decrease in the value
of the collateral.

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

                      About Perky Jerky, LLC

Perky Jerky, LLC, is a wholesaler of all natural meat jerky
products and distributes to a variety of retailers including many
grocery stores, drug stores, and other mass retailers. It also
maintains an on-line sale presence. Its jerky products include
turkey, beef and pork products.

Perky Jerky sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Colo. Case No. 21-15685) on November 15,
2021. In the petition signed by Brian Levin, CEO, the Debtor
disclosed $1,934,044 in assets and $15,753,488 in liabilities.

Judge Joseph G. Rosania Jr. oversees the case.

Aaron A. Garber, Esq., at Wadsworth Garber Warner Conrardy, P.C. is
the Debtor's counsel.



PHOENIX OF ALBANY: Blum in Negotiations w/ Offeror to Sell Property
-------------------------------------------------------------------
The Phoenix of Albany, LLC, submitted an Amended Disclosure
Statement describing Chapter 11 Plan of Reorganization.

The Debtor is a limited liability company organized under the laws
of the State of New York. Its sole member is Evan Blum. The Debtor
owns real property and improvements at 143 Montgomery Street and
adjacent lots in Albany, New York, commonly known as the "Central
Warehouse" (the "Property"). Phoenix owns no other assets and is
not currently conducting any business.

On August 15, 2017, the Debtor purchased the Property with the
intention of using fot an expansion of Mr. Blum's business and then
later redeveloping the Property into a major arts venue that would
attract national and/or international attention promoting up to 700
artists who are not well-represented by galleries.

The Debtor's business plans for the Property include an initial
phase to first stabilize and restore the Property to the extent
necessary to make it safe, presentable, watertight and usable. The
Debtor was preparing to execute on this phase at the time Albany
County determined to complete its tax foreclosure of the Property
by soliciting bids from third parties to purchase the Property,
thereby necessitating this bankruptcy filing. The Debtor determined
that the first phase would take approximately six months to
complete, at a total cost of approximately $318,500.

Upon competition of this first phase, the Debtor intends to
promptly move a large amount of Mr. Blum's collection into the
Property, which would be used for the opening of a new showroom for
Mr. Blum's collection and business, and to create an aesthetic
venue for private and public events, art and craft exhibits and
shows and other uses. The Debtor would also begin leasing the newly
prepared spaces in the Property upon completion of this first
phase.

The Debtor's longer-term plans for the Property include the
creation of a major arts venue, where up to 700 under-represented
artists and craftspeople can inexpensively exhibit their work,
leasing space to a variety of tenants, the lease of the rooftop for
restaurant and banquet operations, and other uses to be determined
based on input from investors, as well as the City and County.

The Amended Disclosure Statement does not alter the proposed
treatment for unsecured creditors and the equity holder:

     * Class 2 consists of General Unsecured Claim of the City of
Albany. The Debtor's petition scheduled the City's claim as a
disputed claim in the amount of $78,800.00. The Plan does not
propose to alter the City's legal, equitable, or contractual
rights. The Debtor reserves all rights with respect to its
objections to the City's claim, and all objections, defenses and
arguments which may be raised on appeal. This class is unimpaired.

     * Class 3 consists of Equity Interest of Shareholder. Mr. Blum
is the sole owner of the Debtor's equity interests. The current
equity holder will continue as shareholder of the reorganized
Debtor. This class is impaired.

Payments of claims under the Plan and the initial phase of
improvement to the Property described above will be funded by one
or more of the following sources:

     * Mr. Blum is in the process of selling a 175,000 sq. ft.
industrial building that he owns through a wholly owned corporate
entity, located at 400 Park Avenue in Williamsport Pennsylvania.
Mr. Blum has received an offer to purchase this property for
$500,000. Mr. Blum is in the process of negotiating a purchase and
sale agreement with the offeror. The proceeds of sale will be used
to fund the first phase of improvement, as well as funding future
payments to the County under the Plan.

     * Another valuable source of funding for the Plan is Mr.
Blum's own art and artifacts collection. This collection is worth
millions of dollars. The values of particular items range from
$5.00 to hundreds of thousands each. Plan payments can easily be
funded through sales of limited amounts of inventory, and its
handling the sales of the waste stream from demolition clients. It
is important to note that a few sales per month would be sufficient
to fund the Plan.

Additional funding sources for Plan payments, and implementation of
both short and longer term development plans include third party
investments, loans, leases, and sales of inventory.

Mr. Blum has received numerous expressions of interest from very
well capitalized investors to invest in the Central Warehouse
project. Through his 45 year career, Mr. Blum has become well
acquainted with numerous very wealthy individuals for whom he has
suppled hard to find and valuable architectural pieces, and
outfitted their homes and other projects. Several of these
individuals have expressed interest in investing in his development
of the Central Warehouse, and he is in discussions with several
potential investors and arts patrons.

A full-text copy of the Amended Disclosure Statement dated Nov. 15,
2021, is available at https://bit.ly/3qOsSzv from PacerMonitor.com
at no charge.

Attorneys for the Debtor:

     Justin A. Heller, Esq.
     NOLAN HELLER KAUFFMAN LLP
     80 State Street, 11th Floor
     Albany, New York 12207
     Tel: (518) 449-3300

                    About Phoenix of Albany

Phoenix of Albany, LLC, is a limited liability company organized
under the laws of the State of New York.  Its sole member is Evan
Blum.  It owns real property and improvements at 143 Montgomery
Street and adjacent lots in Albany, New York, commonly known as the
"Central Warehouse".  Phoenix owns no other assets and is not
currently conducting any business.

Phoenix of Albany filed a voluntary Chapter 11 petition in the U.S.
Bankruptcy Court for the Northern District of New York on June 10,
2021.  NOLAN HELLER KAUFFMAN LLP is the Debtor's counsel.


RAINTREE PROPERTIES: Case Summary & Unsecured Creditor
------------------------------------------------------
Debtor: Raintree Properties and Leasing, LLC
        5801 Silverado Way
        Anchorage AK 95518

Business Description: Raintree Properties and Leasing, LLC is a
                      Single Asset Real Estate (as defined in 11
                      U.S.C. Section 101(51B)).

Chapter 11 Petition Date: November 16, 2021

Court: United States Bankruptcy Court
       District of Alaska

Case No.: 21-00192

Debtor's Counsel: Cabot Christianson, Esq.
                  LAW OFFICES OF CABOT CHRISTIANSON, P.C.
                  911 West 8th Ave, Suite 201
                  Anchorage, AK 99501
                  Tel: 907-230-8160
                  Email: cabot@cclawyers.net

Total Assets as of November 15, 2021: $2,747,140

Total Liabilities as of November 15, 2021: $2,605,314

The petition was signed by Arnold W. Swanson as managing member.

The Debtor listed Small Business Administration as its sole
unsecured creditor holding a claim of $58,900.

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

https://www.pacermonitor.com/view/MMSJFSY/Raintree_Properties_and_Leasing__akbke-21-00192__0001.0.pdf?mcid=tGE4TAMA


RELMADA THERAPEUTICS: Incurs $42.6-Mil. Net Loss in Third Quarter
-----------------------------------------------------------------
Relmada Therapeutics, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $42.61 million for the three months ended Sept. 30, 2021,
compared to a net loss of $16.90 million for the three months ended
Sept. 30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $91.37 million compared to a net loss of $38.69 million
for the nine months ended Sept. 30, 2020.

The Company has not generated revenues and do not anticipate
generating revenues for the foreseeable future.  At Sept. 30, 2021,
the Company has an accumulated deficit of $270,688,619.

As of Sept. 30, 2021, the Company had $90.93 million in total
assets, $18.25 million in total current liabilities, and $72.69
million in total stockholders' equity.

Relmada has funded its past operations through equity raises and
most recently in 2021 raised net proceeds from the sale of common
stock of $23,416,036 through its ATM offering and $2,116,969
through the exercise of warrants.  The Company also raised an
additional $569,427 during the nine months ended Sept. 30, 2021
from the exercises of options.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1553643/000121390021058454/f10q0921_relmadatherap.htm

                  About Relmada Therapeutics Inc.

Relmada Therapeutics is a late-stage pharmaceutical company
addressing diseases of the central nervous system (CNS), with a
focus on major depressive disorder (MDD).

Relmada Therapeutics reported a net loss of $59.45 million for the
year ended Dec. 31, 2020, compared to a net loss of $15 million for
the year ended Dec. 31, 2019.  As of June 30, 2021, the Company had
$110.77 million in total assets, $13.92 million in total current
liabilities, and $96.85 million in total stockholders' equity.


RGIS SERVICES: Moody's Hikes CFR to B3 & Alters Outlook to Stable
-----------------------------------------------------------------
Moody's Investors Service upgraded RGIS Services, LLC (New)'s
ratings, including its corporate family rating to B3 from Caa1,
probability of default rating to B3-PD from Caa1-PD, and senior
secured credit facility to B3 from Caa1. The outlook was changed to
stable from negative.

The upgrade reflects the use of proceeds from the sale of the US
and Canadian businesses for debt repayment which has led to
improved credit metrics. The international business segment has
historically outperformed the US business and Moody's expects
credit metrics to remain appropriate for the rating category
despite continued COVID-19 disruptions in areas like Latin America.
The upgrade also incorporates governance considerations including
the management change following the divestiture as well as
financial strategies which support a more moderate level of
leverage following the sale of the US businesses.

Upgrades:

Issuer: RGIS Services, LLC (NEW)

Corporate Family Rating, Upgraded to B3 from Caa1

Probability of Default Rating, Upgraded to B3-PD from Caa1-PD

Senior Secured Term Loan, Upgraded to B3 (LGD4) from Caa1 (LGD4)

Outlook Actions:

Issuer: RGIS Services, LLC (NEW)

Outlook, Changed To Stable From Negative

RATINGS RATIONALE

RGIS' B3 CFR is constrained by its small scale, private ownership
by its former lenders and risks associated with the acceleration of
secular changes in brick and mortar retail. Operating performance
was impacted in 2020 by COVID-19 related disruptions and although
there has been some recovery in 2021, some areas like Latin America
continue to be negatively impacted. As a result, Moody's expect
2021 to remain below 2019 levels.

The rating is supported by RGIS' meaningful international
diversification. Physical inventory verification is a recurring
activity necessary to comply with accounting standards for
retailers, which have largely outsourced the service for store
counts to third party providers such as RGIS. The credit profile is
also supported by RGIS' moderate leverage following the debt
repayment and good liquidity over the next 12-18 months.

The stable outlook reflects Moody's expectation for continued
recovery in operating performance and good liquidity.

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

The ratings could be downgraded if operating performance or
liquidity deteriorates. Quantitatively, the ratings could be
downgraded if Moody's-adjusted debt/EBITDA approaches 5.25 times or
EBIT/interest expense falls below 1.5 times.

The ratings could be upgraded if RGIS' earnings continue to recover
on a sustained basis. An upgrade would also require good liquidity
and a commitment to conservative financial strategies under new
management including Moody's-adjusted debt/EBITDA is sustained
below 4 times and EBIT/interest expense above 2 times.

RGIS Services, LLC (RGIS), a wholly-owned subsidiary of RGIS
Holdings, LLC, provides inventory counting services primarily to
retailers throughout South America, Asia, Australia, and Europe.
The company is owned by its former lenders following the 2020
restructuring, including funds affiliated with HPS Investment
Partners, LLC and Black Diamond Capital Management L.L.C.

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.


RIVERA FAMILY: Seeks to Hire TAP Consulting as Accountant
---------------------------------------------------------
Rivera Family Holdings, LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Wisconsin to employ TAP
Consulting, LLC as its accountant.

The firm's services include the preparation of cash flow analysis,
monthly operating reports, balance sheet and income tax returns.
TAP will be paid at the rate of $225 per hour for its services and
will be reimbursed for out-of-pocket expenses incurred.

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

The firm can be reached at:

     Sali L. Sheafor
     TAP Consulting, LLC
     3934 Circle Drive
     Holmen, WI 54636
     Tel: (608) 519-3072
     Email: sali@tapconsultantlax.com

                  About Rivera Family Holdings LLC

Rivera Family Holdings, LLC, a privately-held company in Onalaska,
Wis., filed a petition for Chapter 11 protection (Bankr. W.D. Wis.
Case No. 21-12062) on Oct. 6, 2021, listing as much as $10 million
in both assets and liabilities.  Lynnae Rivera, authorized
representative, signed the petition.

Judge Catherine J. Furay presides over the case.

Galen W. Pittman, Esq., at Pittman & Pittman Law Offices, LLC and
TAP Consulting, LLC serve as the Debtor's legal counsel and
accountant, respectively.


RIVERBED TECHNOLOGY: Case Summary & 30 Top Unsecured Creditors
--------------------------------------------------------------
Lead Debtor: Riverbed Technology, Inc.
             680 Folsom Street
             San Francisco, CA 94107

Business Description: The Debtors, together with their non-Debtor
                      affiliates, are a provider of IT
                      optimization products and services,
                      including a suite of network visibility,
                      management, and performance enhancement
                      solutions to many of the world's
                      largest organizations.

Chapter 11 Petition Date: November 16, 2021

Court: United States Bankruptcy Court
       District of Delaware

Four affiliates that concurrently filed voluntary petitions under
Chapter 11 of the Bankruptcy Code:

   Debtor                                         Case No.
   ------                                         --------
   Riverbed Technology, Inc. (Main Debtor)        21-11503
   680 Folsom Street
   San Francisco, CA 94107

   Aternity LLC                                   21-11504
   125 Cambridge Park Drive
   Cambridge, MA 02140

   Riverbed Holdings, Inc.                        21-11505
   600 Montgomery Street
   32nd Floor
   San Francisco, CA 94111

   Riverbed Parent, Inc.                          21-11506
   600 Montgomery Street
   32nd Floor
   San Francisco, CA 94111

Debtors'
General
Bankruptcy
Counsel:               Patrick J. Nash, Jr., P.C.
                       Christopher S. Koenig, Esq.
                       KIRKLAND & ELLIS LLP
                       KIRKLAND & ELLIS INTERNATIONAL LLP
                       300 North LaSalle Street
                       Chicago, Illinois 60654
                       Tel: (312) 862-2000
                       Fax: (312) 862-2200
                       Email: patrick.nash@kirkland.com
                              chris.koenig@kirkland.com

                          - and -

                       Christine A. Okike, P.C.
                       KIRKLAND & ELLIS LLP
                       KIRKLAND & ELLIS INTERNATIONAL LLP
                       601 Lexington Avenue
                       New York, New York 10022
                       Tel: (212) 446-4800
                       Fax: (212) 446-4900
                       Email: christine.okike@kirkland.com

Debtors'
Local
Bankruptcy
Counsel:               Laura Davis Jones, Esq.  
                       Timothy P. Cairns, Esq.  
                       PACHULSKI STANG ZIEHL & JONES LLP
                       919 North Market Street, 17th Floor
                       P.O. Box 8705
                       Wilmington, Delaware 19801
                       Tel: (302) 652-4100
                       Fax: (302) 652-4400
                       Email: ljones@pszjlaw.com
                              tcairns@pszjlaw.com

Debtors'
Restructuring
Advisor:               ALIXPARTNERS, LLC

Debtors'
Financial
Advisor &
Investment
Banker:                GLC ADVISORS & CO., LLC AND
                       GLCA SECURITIES, LLC

Debtors'
Claims &
Notice
Agent:                 BANKRUPTCY MANAGEMENT SOLUTIONS, INC.
                       D/B/A STRETTO

Debtors'
Tax Services
Provider:              ERNST & YOUNG LLP

Estimated Assets
(on a consolidated basis): $1 billion to $10 billion

Estimated Liabilities
(on a consolidated basis): $1 billion to $10 billion

The petitions were signed by Dan Smoot as president and chief
executive officer.

Full-text copies of the petitions are available for free at
PacerMonitor.com at:

https://www.pacermonitor.com/view/C6PZBBQ/Riverbed_Technology_Inc__debke-21-11503__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/CYWRPUY/Aternity_LLC__debke-21-11504__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/XUVCQOA/Riverbed_Holdings_Inc__debke-21-11505__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/XZMPDZI/Riverbed_Parent_Inc__debke-21-11506__0001.0.pdf?mcid=tGE4TAMA

Consolidated List of Debtors' 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. US Bank National Association    Unsecured Notes      $9,633,892
(Corporate Trust Services)
333 Commerce Street, Suite 800
Nashville, TN 37201
Lori Barber
Email: Lori.Barber@Usbank.Com

2. Jabil Circuit Hungary Ltd             Trade          $2,497,517
Tiszaujvaros, Huszar Andor ut 1,
3580, Hungary
Gergo Gyorkei
Tel: 36 30 660-9784
Email: Gergo_Gyorkei@Jabil.Com

3. Tibco Software, Inc                   Trade            $486,585

3303 Hillview Ave
Palo Alto, CA 94304
Alejandro Lopez
Tel: 408-761-5624

4. Amazon Web Services                   Trade            $477,687
P.O. Box 84023
Seattle, WA 98124-8423
Katie Herritage
Tel: 703-464-6386
Email: Herritag@Amazon.Com

5. Microsoft Corporation                 Trade            $419,211

P.O. Box 847255
Dallas, TX 75284-7255
Email: Mscredit@Microsoft.Com

6. UPS Supply Chain Solutions, Inc.      Trade            $306,185
28013 Network Place
Chicago, IL 60673-1280
Bernard Duchene
Tel: 971 4-2820678
Email: Bduchene@Ups.Com

7. Digital Realty Trust                  Trade            $295,000
P.O. Box 419729
Boston, MA 02241-9729
Tel: 415-275-5445
Email: Ar@Digitalrealty.Com

8. Auctioniq, LLC                        Trade            $268,323
6955 Union Park Center
Suite 200, Cotton
Heights, UT 84047
Ashli Buxton
Tel: 801-727-4005
Email: Accountsreceivable@Auctioniq.Com

9. International Business Machine        Trade            $264,202
P.O. Box 676673
Dallas, TX
75267-6673
Ibm Partnerworld
Tel: 877-426-6006
Email: Mpreston@Us.Ibm.Com

10. Jabil Circuit, Inc.                  Trade            $245,901
5238 Lamar
Ave, Memphis, TN 38118
Mario Ornelas
Tel: 901-202-6724
Email: Mario_Ornelas@Jabil.Com

11. IT Convergence, Inc.                 Trade            $233,988
P.O. Box 56346
Atlanta, GA 30343
Adam Schroeder
Tel: 415-962-8627
Email: Aschroeder@Itconvergence.Com

12. Tyan Computer Corp. - 39660          Trade            $231,858
Eureka Dr, Newark, CA 94560
Maggie Lai
Tel: 510-651-8868 X-5165

13. Wipro Limited                        Trade            $202,355
Survey Nos. 76-P & 80-P
Doddakannelli, Varur
Hobi, Sarjapur Rd, Bangalore,
560 035, India
Narendranath Nair, 99 72049200
Email: Edebtors-Usa@Wipro.Com

14. Icims, Inc. - 29348 Network          Trade            $202,213
Place, Chicago, IL 60673-1294
Nicole Stewart, 732-847-8179,
Email: Accounting@Icims.Com

15. Corsec Security, Inc. - 13921        Trade            $199,250
Park Center Rd, Suite 460
Herndon, VA 20171
Joshua Anzaroot
Tel: 703-267-6050
Email: Janzaroot@Corsec.Com

16. Jade Global, Inc.                    Trade            $187,150
1731 Technology Dr, Suite 350
San Jose, CA 95110
Ashish Rastogi
Tel: 303-638-5047
Email: Ashish.Rastogi@Jadeglobal.Com

17. Versa Networks, Inc.                 Trade            $179,723

6001 America Center Dr, Suite 400
San Jose, CA 95002
Swati Shah
Tel: 408-385-7660
Email: Sshah@Versa-Networks.Com

18. Marketo, Inc.                        Trade            $169,793
Dept. 2068
P.O. Box 122068
Dallas, TX 75312-2068
Graeme Truschel
Tel: 206-731-7060
Email: Truschel@Adobe.Com

19. Cokeva, Inc.                         Trade            $141,964
9000 Foothills Blvd
Suite 150, Roseville, CA 95747
Steve Tichy
Tel: 916-543-7615
Email: Steve.Tichy@Cokeva.Com

20. Network Control                      Trade            $136,120
215 20th St, NW
P.O. Box 193, Waverly, IA 5067
Mark Hearn
Tel: 925-478-8696
Email: Markh@Network-Control.Net

21. Unisys Limited - Building 6        Trade              $100,728
Chiswick Park, 556 Chiswick
High Road, London, W4 5HR,
United Kingdom
Anthony Stuart
Tel: 44 207 365-2209
Email: Anthony.Stuart@Unisys.Com

22. Taos Mountain, LLC                   Trade             $82,285
Dept La 24843
Attn: Accounts Receivable
Pasadena, CA 91185-4843
Brenna O'Brien
Tel: 408-588-1200
Email: Bobrien@Taos.Com

23. Slashsupport, Inc.                   Trade             $76,150
dba Css Corp Pvt Ltd
1900 Mccarthy Blvd.
Suite 210, Milpitas, CA 95035
Vinayaka Kumar
Tel: 91-998 631-1247
Email: Accounts.Receivable@Csscorp.Com

24. PulseLearning Limited - Kerry        Trade             $72,900
Technology Park, Tralee, County
Kerry, V92 C859, Ireland
Elaine Stack, 353 66 7144600
Email: Accountsreceivable@Pulselearning.Com

25. Silicom Connectivity                 Trade             $51,029
Solutions, Inc.
6 Forest Avenue, Paramus, NJ 7652
Ericille Uy
Tel: 201-843-1175
Email: Ericille@Silicom.Co.Il

26. Shi International Corp.              Trade             $49,935
P.O. Box 952121
Dallas, TX 75395-2121
Mike Miller
Tel: 512-814-4936
Email: Mike_Miller@Shi.Com

28. Spry Squared, Inc.                   Trade             $45,470
6 Inverness Ct East, Suite 240
Englewood, CO 80112
Steve Spry
Tel: 720-724-7730
Email: Steve@Sprysquared.Com

29. Direct IT Pty Ltd - L1, 55           Trade             $44,119
Mountain Street, Ultimo NSW
2007, Australia
David Jennings, 431134176
Email: David.Jennings@Directit.Com.Au

30. LinkedIn Corporation - 1000 W        Trade             $43,349
Maude Ave, Sunnyvale, CA 94085
Email: Ar-Receipts@Linkedin.Com


RIVERBED TECHNOLOGY: Seeks Chapter 11 Bankruptcy to Slash Debt
--------------------------------------------------------------
Riverbed Technology on Nov. 16, 2021, announced that it has taken
the next steps in its recapitalization, voluntarily commencing
Chapter 11 cases to implement its "prepackaged" financial
restructuring plan to reduce the Company's debt by more than $1
billion and provide the Company with an additional $35 million cash
infusion, positioning the Company for long-term success.  Lenders
holding 100% of Riverbed's funded secured debt have now approved
the transactions contemplated in the previously announced
Restructuring Support Agreement, which will be implemented through
an accelerated court-supervised process.

"We are continuing to move forward with our accelerated
recapitalization, through which we will reduce our debt by more
than $1 billion, add a total of $100 million of investment capital
and, in doing so, significantly simplify our balance sheet and fuel
our next phase of growth," said Dan Smoot, President and CEO of
Riverbed Technology.  "After thoroughly evaluating the different
mechanisms through which to implement the recapitalization, our
analysis made it clear that Riverbed could achieve a cleaner, more
financially beneficial outcome by utilizing the court-supervised
process, setting our company up for even greater growth and
innovation opportunities in the future. Riverbed is a critical
technology provider, as demonstrated by our strong double-digit
bookings growth for our advanced visibility solutions, and with our
outstanding business, talented team, market-relevant technology and
great brand, this process will only make us stronger. We expect
this to be seamless for our stakeholders, including customers and
partners, and we look forward to completing the court-supervised
process."

Mr. Smoot continued, "The overwhelming support we've received from
our investors is a testament to their confidence in our growth
prospects and in Riverbed following the recapitalization.
Furthermore, since we announced this development, many of our
customers and business partners have voiced their support and
confidence in Riverbed. I would also like to thank our talented
team members, who have been unwavering in their focus and
commitment to delivering leading end-to-end visibility and network
performance and acceleration solutions to our customers."

"We are pleased to continue our long-term support of Riverbed in
this next chapter as they strengthen their financial position to
deliver leading performance and visibility solutions to companies
around the world," said Apollo Partner Chris Lahoud. "Riverbed has
an exceptional team and strong market opportunities, and we are
confident in their strategy to deliver innovative customer
solutions and long-term profitable growth."

As previously announced on Oct. 13, 2021, the Company entered into
a Restructuring Support Agreement with its equity sponsors and an
ad hoc group of lenders (the "Ad Hoc Group") holding a
super-majority of its funded secured debt.  Once the restructuring
transactions, which are subject to customary closing conditions,
are complete, the Ad Hoc Group of institutional investors including
Apollo, will become the majority owners of Riverbed through their
managed funds.

To implement the prepackaged plan, the Company has voluntarily
filed for reorganization under Chapter 11 of the Bankruptcy Code in
the United States Bankruptcy Court for the District of Delaware and
expects to successfully complete its financial restructuring
process and emerge in mid-December.  Riverbed's operations and the
acceleration of its strategy will continue as normal.  In
connection with the filing, Riverbed has filed a number of
customary motions with the Court seeking authorization to support
its operations while the process is ongoing.

Riverbed's advisors include Kirkland & Ellis LLP as legal counsel,
AlixPartners as restructuring advisor, and GLC Advisors & Co. as
investment banker.

The Ad Hoc Group's advisors include White & Case LLP as legal
counsel and Centerview Partners as financial advisor.  Davis Polk &
Wardwell LLP is acting as counsel to certain members of the Ad Hoc
Group.

                   About Riverbed Technology

Headquartered in San Francisco, California, Riverbed Technology,
Inc. is a leading provider of Wide Area Network (WAN) Optimization
and performance monitoring products and services. Riverbed's
30,000+ customers include 99% of the Fortune 100. Riverbed was
acquired by private equity funds Thoma Bravo and Teachers' Private
Capital in April 2015. Revenues were $713 million for the 12 months
ended Sept. 30, 2020.

Riverbed Technology Inc. and its affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 21-11503) on Nov. 16,
2021.  Riverbed Technology estimated $1 billion to $10 billion in
assets and debt as of the bankruptcy filing.

KIRKLAND & ELLIS LLP is the Debtors' general bankruptcy counsel.
PACHULSKI STANG ZIEHL & JONES LLP is the local bankruptcy counsel.
ALIXPARTNERS, LLC, is the restructuring advisor; and GLC ADVISORS &
CO., LLC AND GLCA SECURITIES, LLC, is the financial advisor and
investment banker.  BANKRUPTCY MANAGEMENT SOLUTIONS, INC., D/B/A
STRETTO, is the claims agent.  


ROCKWORX INC: Has Deal on Cash Collateral Access
------------------------------------------------
Rockworx, Inc. and the Colorado Department of Revenue have reached
an agreement regarding the Debtor's use of cash collateral.

The Debtor needs to use cash collateral to operate its business,
fund its on-going expenses, and pay its employees, all in the
ordinary course of business. The Debtor will use cash collateral to
generate new business and accounts receivable during its bankruptcy
case.

The parties agree that CDOR asserts a first and prior lien under
section 39-26-117(1)(a) and/or section 39-22-604(7)(a), C.R.S., on
all assets of the Debtor and the estate, including cash collateral,
to secure its claim in the estimated amount of $3,340, or as
subsequently amended. The Debtor does not dispute CDOR's assertion.


As adequate protection for the Debtor's use of cash collateral,
beginning on the first day of the month following entry of an order
approving the Stipulation, and continuing upon the first day of
every succeeding month thereafter until through February 26, 2022,
appointment of a Chapter 7 trustee, dismissal or conversion, the
Debtor will pay CDOR $64 on a monthly basis. The payments will
include December 2021 and all months thereafter.

CDOR will have a first priority replacement lien on all property of
the Debtor and the estate, including without limitation, on all
post-petition accounts and accounts receivable, in and securing
such amounts as lawfully set forth as secured claims in the proof
of claim filed by Colorado Department of Revenue and any amendments
thereto. The lien will not attach to causes of action under Chapter
5 of the Bankruptcy Code. CDOR will not be required to file or
otherwise take any action to perfect such first priority lien,
which will be perfected by Court approval hereof.

The Debtor's failure to cure the breach of or failure to perform
any term or covenant of this agreement, in the manner and within
the time required, will constitute an event of default. In addition
to terms and covenants contained elsewhere in the agreement, and
without limitation, the following events or failures will
constitute and event of default:

     a. The Debtor's failure to pay the amounts owing on December
1, 2021 and continuing upon the first day of every succeeding month
thereafter through February 26, 2022, to the CDOR the sum of $64 on
a monthly basis.

     b. The Debtor's failure to maintain adequate insurance
coverage on all personal property assets to insure adequately (with
adequacy to be measured by the requirements of the United States
Trustee) against any potential loss and provide proof thereof at
least annually with the first proof due on December 1, 2021, upon
the request of the CDOR.

     c. The Debtor's failure to expend cash collateral pursuant to
the Budget, including but not limited to the purchase of
replacement inventory, payment of employee wages, and regular
overhead expenses including fees under 28 U.S.C. section 1930.

     d. The Debtor's failure to file with the CDOR, not later than
December 21, 2021, and all delinquent reports and returns for pre-
and postpetition periods ending on or before November 30, 2021; to
cure and fully pay to CDOR any delinquent post-petition taxes by
that date; or thereafter to timely file all reports and returns
with CDOR and timely pay all postpetition taxes due thereunder.

A copy of the stipulation is available at https://bit.ly/3ckG3Q5
from PacerMonitor.com.

                        About Rockworx Inc.

Rockworx, Inc., an aggregate supplier in Pueblo, Colo., filed its
voluntary petition for Chapter 11 protection (Bankr. D. Colo. Case
No. 21-14527) on Aug. 31, 2021, listing $1,310,706 in assets and
$1,310,706 in liabilities.  Rockworx President Sean Dudley signed
the petition.  

Judge Kimberley H. Tyson oversees the case.

The Fox Law Corporation, Inc. and Kutner Brinen Dickey Riley, P.C.
serve as the Debtor's lead bankruptcy counsel and local counsel,
respectively.



SHRUNGI LLC: Amends Plan to Address Issues Raised by Shri Ganeshay
------------------------------------------------------------------
Shrungi LLC submitted a First Modification to the Combined Plan of
Reorganization and Disclosure Statement to address the concerns
raised by Shri Ganeshay LLC.

The treatment for "Class 2 Claims: All Allowed Claims of Shri
Ganeshay, LLC" is fully restated. The Debtor will treat the SG
Allowed Claim as follows.

On or before the Effective Date, the Debtor shall execute and
deliver the Deed in Lieu and the Bill of Sale to Kush Patel,
attorney for Shri Ganeshay, to hold in trust pending the items.

During the Performance Period, the Debtor:

     * at all times shall maintain full coverage insurance to
protect the Subject Property, which insurance shall name Shri
Ganeshay as loss payee and additional notice party, and Shri
Ganeshay may interact with the Reorganized Debtor and insurance
agent or carrier to verify coverage;

     * shall pay the amount of $7,500 per month on before the first
day of each month but by no later than the 10th day of the month to
Shri Ganeshay as adequate protection;

     * shall pay all 2020 and 2021 tax year property taxes on
before the due date of January 21, 2022;

     * shall otherwise adhere to all covenants contained in the
Loan Documents unless otherwise addressed or superseded in the
other portions of this Paragraph No. 1 or are materially
inconsistent with the terms set forth herein;

     * shall refrain from removing any furniture, fixture,
equipment, inventory, and/or any removables from the Hotel without
the express advance written consent of Shri Ganeshay (except items
subject to disposal due to damage or wear and tear); and

     * shall otherwise maintain at minimum the status quo condition
of the Subject Property as of the Effective Date.

In the event that the Debtor fails:

     * to perform the obligations of Paragraph No. 2 at any time,
then an event of default will have occurred; upon such event of
default, the Debtor will be entitled to 3 notices of default, in
writing, from Shri Ganeshay to the Debtor, and then the Debtor
shall have 10 days from the date of such notice to cure the
defaults; and if the default is not cured after such notice, or
upon any subsequent event of default after those permitted, or upon
the occurrence of a 4th event of default after the exhaustion of
the 3 notice, or

     * to pay the Cash Consideration on or before the Payment
Deadline, then (i) Shri Ganeshay may enforce all remedies available
under the SG Loan Documents and/or applicable law against the
Subject Property, the Debtor, Mehul Gajera, and/or Nikunj Patel;
(ii) Shri Ganeshey immediately shall be entitled to record the Deed
in Lieu and take delivery of the Bill of Sale from Kush Patel
without further notice to the Debtor; and (iii) the Debtor shall
immediately peaceably surrender to Shri Ganeshay possession and
control of the Subject Property.

If the Debtor pays the Cash Consideration on or before the Payment
Deadline, then Shri Ganeshay shall release all obligations,
security interests, and/or liens evidenced by the SG Loan
Documents, return the Deed in Lieu and the Bill of Sale to the
Debtor, and dismiss the Prepetition Litigation with prejudice.
Payment in full of the Cash Consideration prior to the Payment
Deadline as set forth shall cause the full satisfaction of the
financial obligations owed to Shri Ganeshay.

The Prepetition Litigation shall be abated through and until the
Payment Deadline and/or the accrual to Shri Ganeshay of the right
to enforce its remedies as provided in Paragraph No. 3. To the
extent applicable, if the state court requires a dismissal of the
Prepetition Obligation, then all applicable statutes of limitations
are extended by the period of time from the Petition Date through
and until the Payment Deadline.

The Confirmation Order shall provide that:

     * the Debtor is prohibited from filing any voluntary
bankruptcy case for 1 year following the Effective Date;

     * each of Mehul Gajera, Nikunj Patel, and/or any other persons
who may act under authority of the Debtor are enjoined from
commencing any involuntary bankruptcy proceeding against the Debtor
for 1 year following the Effective Date;

     * and in the event of any such subsequent bankruptcy filing in
violation of Paragraph No. 6.a and/or 6.b, the automatic stay of
Code §362(a) shall not apply with respect to the Subject Property
or any facts, claims, issues, rights, remedies, and/or defenses of
Shri Ganeshay under the SG Loan Documents or applicable law.

Shri Ganeshay shall retain all of its security interests and/or
liens to secure the obligations described in the Plan.

No injunction or stay contained in this Plan shall apply to Shri
Ganeshay except so long as the Debtor is not in default and is
performing the Plan then Shri Ganeshay shall take no action to
collect on this debt.

The Claim of Shri Ganeshay is impaired.

A full-text copy of the First Modified Combined Plan and Disclosure
Statement dated Nov. 15, 2021, is available at
https://bit.ly/3Cq6XAz from PacerMonitor.com at no charge.

Attorneys for Debtor:
     
     Joyce W. Lindauer, Esq.
     Kerry S. Alleyne, Esq.
     Guy H. Holman, Esq.
     Joyce W. Lindauer Attorney, PLLC
     1412 Main Street, Suite 500
     Dallas, TX 75202
     Telephone: (972) 503-4033
     Facsimile: (972) 503-4034
     Email: joyce@joycelindauer.com

                        About Shrungi LLC

Shrungi, LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Texas Case No. 21-40166) on Feb. 1, 2021.  At the
time of the filing, the Debtor disclosed assets of between $1
million and $10 million and liabilities of the same range.  Judge
Brenda T. Rhoades oversees the case.  The Debtor is represented by
Joyce W. Lindauer Attorney, PLLC.


SMG INDUSTRIES: Incurs $3.6 Million Net Loss in Third Quarter
-------------------------------------------------------------
SMG Industries, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $3.61 million on $14.77 million of revenues for the three months
ended Sept. 30, 2021, compared to a net loss of $4.40 million on
$6.81 million of revenues for the three months ended Sept. 30,
2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $7.80 million on $34.62 million of revenues compared to
a net loss of $10.63 million on $18.67 million of revenues for the
nine months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $31.33 million in total
assets, $45.93 million in total liabilities, and a total
stockholders' deficit of $14.60 million.

"Our cash flows from operations are primarily funded through our
financing activities, including our accounts receivable line of
credit facility, notes, convertible notes and loans, stock sales,
issuing our stock for services and various leases.  Currently, we
believe we will need to continue to utilize lines of credit,
borrowings, and investor funding to sufficiently sustain our
current level of operations for the next 12 months.  While industry
and general domestic economic activity and commodity prices have
improved, we believe we remain at risk for potential effects of the
global COVID-19 pandemic that is prevalent in the markets we
operate.

We likely will require additional capital to maintain or expand
operations.  Additionally, we believe any material acquisition of
another operating company would require additional outside capital
consisting of debt or equity.  Failure to secure additional funds
could significantly hamper our ongoing operations particularly if a
down cycle in our industry continues further.  As the business
cycle improves, and the pandemic dissipates in the markets we
serve, we plan to improve our cash flows provided in operating
activities by
focusing on increasing sales by increasing utilization of the
assets we have acquired and offering higher value services that
receive higher gross margins.  However, there can be no assurances
given of industry improvement, pandemic relief or improved cash
flows of our business.

Historically, we have funded our capital expenditures internally
through cash flow, leasing, and financing arrangements.  We intend
to continue to fund future capital expenditures through cash flow,
as well as through capital available to us pursuant to our line of
credit, capital from the sale of our equity securities and through
commercial leasing and financing programs."

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1426506/000141057821000307/tmb-20210930x10q.htm

                       About SMG Industries

Headquartered in Houston, Texas, SMG Industries Inc. --
www.SMGIndustries.com -- is a growth-oriented transportation
services company focused on the domestic logistics market.

SMG Industries reported a net loss of $15.87 million for the year
ended Dec. 31, 2020, compared to a net loss of $3.98 million for
the year ended Dec. 31, 2019. As of June 30, 2021, the Company had
$30.38 million in total assets, $43.93 million in total
liabilities, and a total stockholders' deficit of $13.55 million.

Houston, Texas-based MaloneBailey, LLP, the Company's auditor since
2017, issued a "going concern" qualification in its report dated
April 19, 2021, citing that the Company has suffered recurring
losses from operations and has a net capital deficiency that raises
substantial doubt about its ability to continue as a going concern.


SN MANAGEMENT: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: SN Management, LLC
        5500 Fort Street
        Trenton, MI 48183

Business Description: SN Management, LLC is a Single Asset Real
                      Estate debtor (as defined in 11 U.S.C.
                      Section 101(51B)).

Chapter 11 Petition Date: November 17, 2021

Court: United States Bankruptcy Court
       Eastern District of Michigan

Case No.: 21-49033

Debtor's Counsel: Tami Salzbrenner, Esq.
                  FRANK & FRANK, PLLC
                  30833 Northwestern Hwy. Suite 205
                  Farmington Hills, MI 48334
                  Tel: 248-932-1440
                  Email: tami@frankfirm.com

Total Assets as of December 31, 2020: $4,253,276

Total Debts as of December 31, 2020: $5,255,675

The petition was signed by Dr. Iqbal Nasir as managing member.

The Debtor filed an empty 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/MY6VWKQ/SN_Management_LLC__miebke-21-49033__0001.0.pdf?mcid=tGE4TAMA


STONEMOR INC: Incurs $4.85 Million Net Loss in Third Quarter
------------------------------------------------------------
StoneMor Inc. filed with the Securities and Exchange Commission its
Quarterly Report on Form 10-Q disclosing a net loss of $4.85
million on $82.30 million of total revenues for the three months
ended Sept. 30, 2021, compared to a net loss of $7.86 million on
$72.71 million of total revenues for the three months ended Sept.
30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $44.86 million on $243.59 million of total revenues
compared to a net loss of $2.77 million on $204.42 million of total
revenues for the nine months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $1.74 billion in total
assets, $1.87 billion in total liabilities, and a total
stockholders' deficit of $135.75 million.

Joe Redling, StoneMor's president and chief executive officer said,
"The third quarter continued to build on the positive performance
trends of the past year and half, with top-line revenue growth of
13.2% and 19.2% for the three and nine months ended September 30,
2021, respectively, when compared with the same periods in 2020.
Year-to-date, we have driven a $52.2 million improvement in our
adjusted EBITDA year-over-year.  We continue to deliver strong,
sustainable cemetery sales production results, with a 9% growth in
pre-need cemetery sales production for the third quarter."

As of Sept. 30, 2021, the Company had $115.9 million of cash,
including $16.4 million of restricted cash, and $391.4 million of
total debt.

"We have made great progress towards our previously announced
guidance targets for organic growth in our trusts and unlevered
free cash flow," said Jeff DiGiovanni, StoneMor's senior vice
president and chief financial officer.  "For the nine-months ended
September 30, 2021, we generated nearly $70 million in trust growth
and more than $36 million in unlevered free cash flow, against $50
million and $40 million annual targets, respectively.  This is a
testament to the success of our transformation plan and the
hard-work of every member of the StoneMor team."

Redling added, "We are focused on the next phase of our
transformation strategy – a commitment to strategic growth.  We
have $100 million in cash on our balance sheet and access to
additional capital, if necessary.  That capital, coupled with the
operational transformation completed to date, places StoneMor in
the right position to execute on this strategy as we move
forward."

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1753886/000095017021004375/ston-20210930.htm

                        About StoneMor Inc.

StoneMor Inc. (http://www.stonemor.com),headquartered in Bensalem,
Pennsylvania, is an owner and operator of cemeteries and funeral
homes in the United States, with 304 cemeteries and 70 funeral
homes in 24 states and Puerto Rico. StoneMor's cemetery products
and services, which are sold on both a pre-need (before death) and
at-need (at death) basis, include: burial lots, lawn and mausoleum
crypts, burial vaults, caskets, memorials, and all services which
provide for the installation of this merchandise.

StoneMor reported a net loss of $8.36 million for the year ended
Dec. 31, 2020, compared to a net loss of $151.94 million for the
year ended Dec. 31, 2019.  As of June 30, 2021, the Company had
$1.71 billion in total assets, $1.84 billion in total liabilities,
and a total stockholders' deficit of $131.41 million.


STONEYS KINGFISHERS: Taps Alex Cooper as Commercial Auctioneer
--------------------------------------------------------------
Stoneys Kingfishers Seafood House, Inc. seeks approval from the
U.S. Bankruptcy Court for the District of Maryland to hire Alex
Cooper Auctioneers, Inc. to market for sale its real property
located at 14442 S. Solomons Island Road, Solomons, Md.

The firm will get a commission of 6 percent of the purchase price.

Paul Cooper of Alex Cooper Auctioneers disclosed in a court filing
that he is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Paul Cooper
     Alex Cooper Auctioneers, Inc.
     908 York Road
     Towson, Maryland 21204
     Tel.: 800.272.3145
     Email: info@alexcooper.com

              About Stoneys Kingfishers Seafood House

Solomons, Md.-based Stoneys Kingfishers Seafood House, Inc. filed a
voluntary petition for Chapter 11 protection (Bankr. D. Md. Case
No. 21-16577) on Oct. 18, 2021, listing as much as $10 million in
both assets and liabilities.  Eugenia Cousineaux, president, signed
the petition.

Steven L. Goldberg, Esq., at McNamee, Hosea, Jernigan, Kim, Greenan
& Lynch, PA is the Debtor's legal counsel.


TD HOLDINGS: Posts $457,615 Net Income in Third Quarter
-------------------------------------------------------
TD Holdings, Inc. filed with the Securities and Exchange Commission
its Quarterly Report on Form 10-Q disclosing net income of $457,615
on $54.77 million of total revenues for the three months ended
Sept. 30, 2021, compared to net income of $546,801 on $6.87 million
of total revenues for the three months ended Sept. 30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $722,805 on $144.20 million of total revenues compared
to a net loss of $5.27 million on $10.02 million of total revenues
for the nine months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $218.79 million in total
assets, $28.13 million in total liabilities, and $190.66 million in
total equity.

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1556266/000121390021058752/f10q0921_tdholdings.htm

                         About TD Holdings

TD Holdings, Inc. is a service provider currently engaging in
commodity trading business and supply chain service business in
China.  Its commodities trading business primarily involves
purchasing non-ferrous metal product from upstream metal and
mineral suppliers and then selling to downstream customers.  Its
supply chain service business primarily has served as a one-stop
commodity supply chain service and digital intelligence supply
chain platform integrating upstream and downstream enterprises,
warehouses, logistics, information, and futures trading.  For more
information, please visit http://ir.tdglg.com.

TD Holdings reported a net loss of $5.95 million for the year ended
Dec. 31, 2020, compared to a net loss of $6.94 million for the year
ended Dec. 31, 2019.  As of June 30, 2021, the Company had $186.59
million in total assets, $37.33 million in total liabilities, and
$149.26 million in total equity.


TENET HEALTHCARE: Moody's Rates New $1.45BB First Lien Notes 'B1'
-----------------------------------------------------------------
Moody's Investors Service assigned a B1 rating to Tenet Healthcare
Corporation's new $1.45 billion senior secured first lien notes due
2030. There is no change to the B2 Corporate Family Rating, B2-PD
Probability of Default Rating, B1 senior secured first lien
ratings, B1 senior secured second lien ratings, and Caa1 senior
unsecured ratings for Tenet. There is also no change to the
Speculative Grade Liquidity Rating of SGL-2 or the positive
outlook.

Proceeds from the notes will be used to fund Tenet's planned
acquisition of SurgCenter Development (SCD) ownership interest in
up to 92 ambulatory surgical centers (ASCs) for approximately $1.2
billion. In addition, up to $250 million will be used to acquire a
portion of physician partners ownership in various of these ASC's
to acquire a majority interest in many of these ASC's.

Moody's views this acquisition, when combined with the August 2021
divestiture of the company's Miami hospitals, as credit positive as
it will bolster Tenet's strong position in the faster-growing ASC
segment. On a pro-forma basis ASC's will generate around 42% of
2021 EBITDA, up from approximately 25% as recently as 2016. Total
leverage, taking into consideration this acquisition and the sale
of the Miami hospitals, is largely stable. The earnings
contribution from the SCD acquisition will substantially offset the
loss of earnings from the divested Miami hospitals. The increase in
debt from this transaction also substantially offsets the $1.1
billion debt repayment in Q3 2021 funded with proceeds from the
divested Miami hospitals.

Rating Action:

The following ratings were assigned:

Assignments:

Issuer: Tenet Healthcare Corporation

Senior Secured 1st Lien Global Notes, Assigned B1 (LGD3)

RATINGS RATIONALE

Tenet's B2 Corporate Family Rating reflects Moody's expectation
that the company will operate with moderately high financial
leverage over the next 12-18 months with adjusted debt/EBITDA in
the low-to-mid 5-times range absent any further material
debt-financed acquisitions. Moreover, Tenet's free cash flow after
minority interest payments remains modest relative to debt. Tenet's
free cash flow will be reduced by the planned spin-off of its
revenue cycle management business, Conifer, in mid-2022. The rating
is also constrained by the company's significant capital
requirements and the need to repay $1.14 billion of accelerated
Medicare payments through September 2022. The rating is supported
by Tenet's significant scale and good diversity. The company is
well diversified by state and payor. Tenet's ambulatory surgery and
revenue cycle management businesses add business diversity. The
ambulatory surgery business in particular will benefit from
longer-term trends that favor services being done on an outpatient
basis. Finally, Tenet's liquidity has been significantly helped by
substantial government aid received by hospitals as well as access
to an ABL facility which had $1.8 billion of availability as of
September 30, 2021.

The positive outlook reflects Moody's view that Tenet will continue
to operate with significant scale and diversity over the next 12-18
months. It is further underpinned by Moody's expectation that Tenet
will continue to demonstrate strong operational execution. Tenet's
volumes have largely recovered from the depths of the COVID-19
pandemic throughout which Tenet has executed effectively throughout
various surges of hospitalizations in its markets.

With respect to governance, Tenet has generally exhibited
aggressive financial policies, marked by persistently high
financial leverage. As a for-profit hospital operator, Tenet also
faces high social risk. Beyond COVID-19, the affordability and
price transparency of hospitals and the practice of balance billing
have garnered substantial social and political attention.
Additionally, hospitals rely on Medicare and Medicaid for a
substantial portion of reimbursement. Any changes to reimbursement
to Medicare or Medicaid directly impacts hospital revenue and
profitability.

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

Tenet's ratings could be downgraded if the company's operating
performance weakens. Further, the divestiture of Conifer without
debt repayment, or the pursuit of share repurchases or shareholder
distributions could result in a downgrade. More specifically, the
ratings could be downgraded if debt/EBITDA is expected to be
sustained above 6.5 times.

The ratings could be upgraded if Tenet can realize the additional
benefits from its recent cost and operating initiatives, including
increased profit margins. Further, the ratings could be upgraded if
Tenet sustains an appropriate level of free cash flow following the
Conifer spin-off. If Moody's expects debt/EBITDA to be sustained
below 5.5 times, the ratings could be upgraded.

The principal methodology used in this rating was Business and
Consumer Services published in November 2021.

Tenet, headquartered in Dallas, Texas, is one of the largest
healthcare providers by revenue in the US. The company operates 65
hospitals, 24 surgical specialty hospitals and more than 500
outpatient surgical centers in the US. Tenet also owns a
revenue-cycle management business, called Conifer. Revenues for the
last twelve months ended June 30, 2021 were approximately $19
billion.


TENET HEALTHCARE: S&P Rates First-Lien Senior Secured Notes 'B+'
----------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level and '2' recovery
ratings to Tenet Healthcare Corp.'s proposed $1.45 billion
first-lien senior secured notes due in 2030. The '2' recovery
rating indicates its expectation for substantial (70%-90%; rounded
estimate: 70%) recovery for lenders in the event of a payment
default.

The company is issuing the notes to finance its pending acquisition
of ownership interest in 92 ambulatory surgical centers from
SurgCenter Development. S&P's other ratings on Tenet, including our
'B' issuer rating, are unchanged.

ISSUE RATINGS - KEY ANALYTICAL FACTORS

-- Tenet's capital structure comprises a $1.9 billion asset-based
lending revolver, $9.2 billion of senior secured debt, $1.5 billion
of second-lien debt, and $4.7 billion of unsecured debt.

-- S&P values the company on a going-concern basis using a 6x
multiple of its projected emergence EBITDA (which excludes its
physician partners' minority interest). This is consistent with its
treatment of other large, well-diversified hospital operators.

-- S&P estimates that for Tenet to default, EBITDA would need to
decline significantly, most likely due to lower reimbursement rates
or the loss of key contracts because of local market competition.

Simulated default assumptions

-- Simulated year of default: 2024
-- EBITDA at emergence: $1.43 billion
-- EBITDA multiple: 6x

Simplified waterfall

-- Net enterprise value (after 5% administrative costs): $8.6
billion

-- Valuation split (obligors/nonobligors): 100%/0%

-- Priority claims: $1.164 billion

-- Collateral value available to senior secured lenders: $6.96
billion

-- Senior secured debt: $9.392 billion

    --Recovery expectations: 70%-90% (rounded estimate: 70%)

-- Collateral value available to second-lien lenders: $0 million

-- Second-lien debt: $1.547 billion

    --Recovery expectations: 0%-10% (rounded estimate: 0%)

-- Collateral value available to unsecured lenders: $0

-- Senior unsecured debt: $4.886 billion

    --Recovery expectations: 0%-10% (rounded estimate: 0%)

-- All debt amounts include six months of prepetition interest.

-- Collateral value equals asset pledge from obligors after
priority claims plus equity pledge from nonobligors after
nonobligor debt.



TOP FLIGHT: Case Summary & 4 Unsecured Creditors
------------------------------------------------
Debtor: Top Flight Investments, LLC
        10406 Telfair Ave
        Pacoima, CA 91331

Business Description: The Debtor is the fee simple owner of
                      14 residential real properties located in
                      California having a total current value
                      of $29.95 million.

Chapter 11 Petition Date: November 16, 2021

Court: United States Bankruptcy Court
       Central District of California

Case No.: 21-11875

Judge: Hon. Victoria S. Kaufman

Debtor's Counsel: Matthew Abbasi, Esq.
                  ABBASI LAW CORPORATION
                  6320 Canoga Ave.
                  Suite 220
                  Woodland Hills, CA 91367
                  Tel: (310) 358-9341
                  Fax: (888) 709-5448
                  Email: matthew@malawgroup.com

Total Assets: $29,954,500

Total Liabilities: $1,038,950

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Douglas Sanchez as managing member.

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

https://www.pacermonitor.com/view/QDWATLQ/Top_Flight_Investments_LLC__cacbke-21-11875__0001.0.pdf?mcid=tGE4TAMA

List of Debtor's Four Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
1. Dee Ann Brothers                Construction &       $1,008,000
1104 W. Lousiana Ave.             Staging Services
McKinney, TX 75069

2. Sidney Constantinescu              Appointed                 $0
10900 4th Avenue,                      Receiver
NE, Suite 2300
Bellevue, WA 98004

3. Sound Equity High                                       Unknown
Income Debt Fund
C/O Paul Leeds, Esq.
401 West A Street,
Suite 2600
San Diego, CA 92101

4. West Coast Business Capital       Construction          $30,950
116 Nassau Street,                      Lender
8th Floor
New York, NY 10038


TWIN PINES: Objections to First National, Bowen Claims Sustained
----------------------------------------------------------------
First Alamogordo Bancorp of Nevada, Inc., d/b/a First National
Bank, filed an Amended Proof of Claim on July 30, 2021 (Claim 3-2).
Michael W. Bowen (Bowen) also filed an Amended Proof of Claim on
July 30, 2021 (Claim 5-3). FNB seeks to increase the value of the
collateral securing its claim by the value of certain equipment
that the Debtor, Twin Pines, LLC, acquired after it commenced a
bankruptcy case.  Bowen seeks allowance of his claim as a secured
claim, instead of an unsecured claim, and claims a lien against the
same equipment that Twin Pines acquired post-petition. The United
States Bankruptcy Court for the District of New Mexico concluded
that the claimed liens have not attached to the equipment based on
what has occurred to date.

The Court sustained Twin Pines' objections to FNB's Claim 3-2 and
Bowen's Claim 5-3, finding that FNB's Claim is not secured by the
After-Acquired Equipment because the evidence now before the Court
fails to establish that the After-Acquired Equipment is proceeds of
the Pledged Membership Interests. FNB's Claim 3-2 must therefore be
disallowed to the extent it asserts FNB has a security interest in
After-Acquired Equipment. Such disallowance of Claim 3-2 is without
prejudice to the Court reconsidering its disallowance ruling if
Pledged Membership Interests are transferred to International
Protection or Ruidoso Capital Reserves under the Oral Agreement or
as a result of a confirmed plan.

Bowen's Claim 5-3 also fails, the Court said.  Except for his in
rem claim against Twin Pines based on After-Acquired Equipment
being proceeds of Pledged Membership Interests, Bowen has no claim
against Twin Pines. His claim is against the individuals to whom he
sold Membership Interests. Bowen assigned his in rem claim against
Twin Pines to FNB for purposes of FNB collecting indebtedness owed
it by Twin Pines. FNB is asserting that in rem claim against Twin
Pines, as assignee. Because Bowen no longer owns the in rem claim
against Twin Pines, and has no other valid claim against Twin
Pines, the Court will disallow Bowen's Claim 5-3 in its entirety.

A full-text copy of the Memorandum Opinion dated November 4, 2021,
is available at https://tinyurl.com/3mcbabmj from Leagle.com.

                       About Twin Pines

Twin Pines LLC, a New Mexico limited liability company, provides
automotive repair and maintenance services.  Twin Pines owns condos
valued at $523,618, and a commercial property valued at $741,908,
in Ruidoso, New Mexico.

Twin Pines LLC sought Chapter 11 protection (Bankr. D.N.M. Case No.
19-10295) on Feb. 12, 2019, in Albuquerque, N.M.  At the time of
filing, the Debtor disclosed $1,361,978 in assets and $1,338,629 in
liabilities.  

Judge Robert H. Jacobvitz oversees the case.  

William F. Davis & Assoc., P.C. is the Debtor's legal counsel.


UA INVESTMENTS: Taps Eric Thorstenberg as Bankruptcy Counsel
------------------------------------------------------------
UA Investments, LLC seeks approval from the U.S. Bankruptcy Court
for the Northern District of Georgia to hire Eric Thorstenberg,
Esq., an attorney practicing in Atlanta, Ga., to handle its Chapter
11 case.

Mr. Thorstenberg will be paid $250 per hour while his
administrative staff, Shirley Thorstenberg, will be paid $60 per
hour.  

The Debtor paid the attorney a retainer fee of $1,500.

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

Mr. Thorstenberg can be reached at:

     Eric E. Thorstenberg, Esq.
     333 Sandy Springs Circle, Suite 101
     Atlanta, GA 30328
     Tel: (404) 843-8491
     Email: ethorstenberglaw@gmail.com

                       About UA Investments

Kennesaw, Ga.-based UA Investments LLC, a single asset real estate
debtor (as defined in 11 U.S.C. Section 101(51B)), is the fee
simple owner of a commercial strip shopping center located at 1600
and 1608 Shorter Ave., Rome, Ga., having a current value of $2.7
million.

UA Investments filed a petition for Chapter 11 protection (Bankr.
N.D. Ga. Case No. 21-57429) on Oct. 4, 2021, listing $2,702,950 in
assets and $1,553,538 in liabilities. Mohammad M. Gaffar, manager,
signed the petition.

Judge Sage M. Sigler oversees the case.

The Debtor tapped Eric E. Thorstenberg, Esq., an attorney
practicing in Atlanta, Ga., to handle its bankruptcy case.


US FOODS: Moody's Rates New $500MM Senior Unsecured Notes 'B3'
--------------------------------------------------------------
Moody's Investors Service assigned a B3 rating to US Foods, Inc.'s
proposed $500 million senior unsecured notes. All of the company's
other ratings, including the B1 corporate family rating, B1-PD
probability of default rating, B1 senior secured bank facility and
senior secured notes ratings, B3 rating on the existing senior
unsecured notes, and SGL-1 speculative-grade liquidity rating
remain unchanged, and the outlook is stable.

Proceeds from the proposed $500 million senior unsecured notes due
2030, together with a previously announced new $900 million term
loan B due 2028 and approximately $400 million cash on hand will be
used to repay in full the company's $1.783 billion initial term
loan due 2023.

Moody's took the following rating actions for US Foods, Inc.:

New Senior Unsecured Regular Bond/Debenture due 2030, assigned B3
(LGD5)

RATINGS RATIONALE

US Foods' B1 CFR is supported by the company's scale and market
position as the second largest player in US food distribution,
serving a diversified customer base of restaurants, hospitality,
healthcare, and education customers. The company's restaurant
volumes have exceeded 2019 levels since April 2021, and the
hospitality segment continued to improve with the return of travel
across the US. Like other large peers, US Foods has also gained new
customers because of market share gains during the pandemic.
Near-term earnings improvement should also be supported by
synergies from the 2019 Food Group acquisition, whose integration
is proceeding on plan. Moody's base case reflects expectations for
a steady earnings recovery towards pre-pandemic levels, which
together with debt repayment would reduce leverage towards
3.5x-4.3x Moody's-adjusted debt/EBITDA in 2022. In addition, the
rating benefits from the company's very good liquidity, including
an estimated $370 million pro-forma balance sheet cash, positive
annual cash flow generation and approximately $1.737 billion
availability under the $1.99 billion asset-based revolving credit
facility.

The rating is constrained by governance considerations, including
US Foods' aggressive acquisition strategy, highlighted by its
debt-financed acquisitions of SGA's Food Group of Companies and
Smart Foodservice, as well as the involvement of private equity
with board representation and a preferred equity stake equivalent
to 10% of common stock on a fully-diluted basis. Nevertheless, the
company has committed to deleveraging to the 2.5-3x target range
maintained prior to the large recent acquisitions. Current leverage
is high with Moody's-adjusted debt/EBITDA at 6.7x pro-forma for the
transaction, and the sector continues to face labor availability
pressures that could hinder earnings recovery. The rating also
incorporates the fragmented and highly competitive nature of the
food distribution industry in which the company operates.

The stable outlook reflects Moody's expectations for very good
liquidity and continued deleveraging.

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

Factors that could lead to an upgrade include a sustained earnings
improvement and a balanced financial strategy that results in
debt/EBITDA maintained under 4.5 times and EBITA/interest expense
above 2.75 times. An upgrade would also require maintaining or
improving market share and continued very good liquidity.

Factors that could lead to a downgrade include a lack of material
improvement in operating performance or the adoption of a more
aggressive financial strategy, such that debt/EBITDA does not
decline to and remain below 5.25 times or if EBITA/interest expense
remains below 2 times. A sustained deterioration in liquidity for
any reason could also lead to a downgrade.

US Foods, Inc. (US Foods) is a leading North American foodservice
distributor, with annual revenues of around $28 billion as of
October 2, 2021. The company operates as a national broadline
distributor, providing a complete range of products to restaurants,
healthcare, hospitality, education, and other end segments.

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


US FOODS: S&P Rates New $500MM Senior Unsecured Notes 'B+'
----------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '5'
recovery rating (10%-30%; rounded estimate: 15%) to US Foods Inc.'s
proposed $500 million senior unsecured notes due 2030. The company
will use the net proceeds from the proposed notes, along with $400
million of cash on hand and the net proceeds from a new $900
million term loan B due 2028, to repay its existing term loan B
facility ($1.8 billion principal balance outstanding) due 2023.
S&P's ratings assume the transaction closes on the same terms
presented to them.

All S&P's existing ratings on US Foods, include its 'BB-' issuer
credit rating and stable outlook, are unchanged.

S&P said, "Our ratings on the company incorporate our assumption
that improving demand and labor conditions will offset the
headwinds from continued high food costs and supply chain
challenges. Specifically, we expect continued solid demand for US
Foods' services in the coming quarters, assuming there are no
adverse COVID-19-related developments, which follows the 35%
expansion the company reported in its top line for the third
quarter. We believe US Foods' volumes are within 5%-10% of its 2019
pre-pandemic levels because restaurants are benefiting from the
return of on-site dining, as well as continued solid demand in
their delivery and takeout businesses. The company has wrestled
with the supply chain inefficiencies plaguing the wider
economy--including high transportation costs and reduced vendor
fill rates. It has also experienced labor shortages and higher
costs in its operations, namely for drivers and warehouse
selectors. Nevertheless, we believe US Foods is approaching
adequate staffing levels, though a material improvement in its
productivity--as its new hires get up to speed--will take at least
a few quarters.

"The company's financial policy targets a material improvement in
its credit ratio. Management has stated its intention to achieve
company-defined net leverage of 2.5x-3.0x before it will begin
repurchasing its shares. We estimate that, under a more typical
low-single digit percent inflation environment (without large last
in, first out [LIFO] adjustments), this equates to S&P Global
Ratings-adjusted leverage of 3.5x-4.0x. While we believe most of
the potential deleveraging will come from EBITDA growth, the
company has reduced its net reported debt by about $300 million
since the beginning of the year and will apply about $400 million
of cash toward retiring its outstanding term loan B due 2023. We
net US Foods' cash against its debt in our adjusted debt
calculations; nevertheless, its debt repayment behavior increases
the credibility of its financial policy objectives. We expect
improving demand for the company's services and its higher staff
levels will enable it to improve its S&P Global Ratings-adjusted
leverage toward 5x by mid-2022, which compares with 7x for the
12-months ended Oct. 2, 2021."



VENUS CONCEPT: Incurs $8.8 Million Net Loss in Third Quarter
------------------------------------------------------------
Venus Concept Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $8.84 million on $24.56 million of revenue for the three months
ended Sept. 30, 2021, compared to a net loss of $7.32 million on
$20.68 million of revenue for the three months ended Sept. 30,
2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $18.03 million on $72.99 million of revenue compared to
a net loss of $67.79 million on $52.18 million of revenue for the
nine months ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $138.15 million in total
assets, $109.38 million in total liabilities, and $28.77 million in
total stockholders' equity.

Management Commentary:

"Third quarter revenue results reflect strong demand from
customers, particularly in the United States, despite the
challenging operating environment," said Domenic Serafino, chief
executive officer of Venus Concept.  "Strong execution of our
focused commercial strategy in the United States drove revenue
growth of 67% year-over-year, which offset a 10% year-over year
decrease in international revenue. International revenue results
were impacted by our inability to fulfill demand for certain of our
products due to the global supply disruptions related to COVID-19
which resulted in a backlog for customer purchase orders received
of $2.4 million as of the end of the third quarter, of which we
have fulfilled $1.4 million in the first half of the fourth
quarter.  We continue to actively work with our suppliers and
third-party manufacturers to mitigate supply issues and intend to
fulfill the remaining customer purchase order backlog in the fourth
quarter of fiscal year 2021 and the first quarter of fiscal year
2022."

Mr. Serafino continued: "Based on our current assessment and strong
pipeline activity, we believe that we will continue to see an
improvement in capital equipment demand in the aesthetics and hair
restoration markets as we move through 2021.  We remain confident
in our ability to deliver strong growth and we have tightened our
expectations for revenue growth to 33% to 37% year-over-year in
fiscal year 2021.  We continue to expect to drive strong operating
leverage in 2021, as well.  Importantly, our longer-term outlook is
compelling as we continue to make progress in the area of product
development; specifically, our efforts to develop AIme, the next
generation robotic technology for medical aesthetic applications."

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

https://www.sec.gov/ix?doc=/Archives/edgar/data/1409269/000156459021056457/vero-10q_20210930.htm

                        About Venus Concept

Toronto, Ontario-based Venus Concept Inc. is an innovative global
medical technology company that develops, commercializes, and
delivers minimally invasive and non-invasive medical aesthetic and
hair restoration technologies and related practice enhancement
services.  The Company's aesthetic systems have been designed on a
cost-effective, proprietary and flexible platform that enables the
Company to expand beyond the aesthetic industry's traditional
markets of dermatology and plastic surgery, and into
non-traditional markets, including family and general practitioners
and aesthetic medical spas.

Venus Concept reported a net loss of $82.82 million for the year
ended Dec. 31, 2020, compared to a net loss of $42.29 million for
the year ended Dec. 31, 2019.  As of June 30, 2021, the Company had
$147.27 million in total assets, $110.43 million in total
liabilities, ($782,000) in non-controlling interests and $37.63
million in total stockholders' equity.

Toronto, Canada-based MNP LLP issued a "going concern"
qualification in its report dated March 29, 2021, citing that the
Company has reported recurring net losses and negative cash flows
from operations that raises substantial doubt about its ability to
continue as a going concern.


VERTEX AEROSPACE: S&P Affirms 'B' Rating on First-Lien Term Loan
----------------------------------------------------------------
S&P Global Ratings revised its recovery rating on Vertex Aerospace
Services Corp.'s first-lien term loan to '4' (30%-50%; rounded
estimate: 45%) from '3' and affirmed its 'B' issue-level rating
following the company's announcement that it will upsize the
facility to $925 million from $890 million.

Vertex Aerospace Services Corp. revised the proposed terms of its
first-lien term loan and is shifting the incremental $35 million to
its first-lien term loan from its proposed $220 second-lien term
loan (unrated). The proposed second-lien term loan will now be $185
million. S&P said, "The revision of our recovery rating reflects
our lower recovery expectations for the company's first-lien
lenders due to the increase in the amount of first-lien senior
secured debt in its capital structure under our hypothetical
default scenario. There is no change to our issue-level rating on
the first-lien secured term loan because its recovery prospects are
not impaired enough to warrant a lower rating."

ISSUE RATINGS--RECOVERY ANALYSIS

Key analytical factors

-- Vertex plans to increase the size of its first-lien term loan.

-- S&P affirmed its 'B' issue-level rating on the company's
first-lien term loan and revised its recovery rating to '4' from
'3' to reflect the additional first-lien debt.

-- S&P's simulated default scenario contemplates a payment default
occurring in 2024.

-- S&P values the company as a going concern using a 5x multiple
of its projected EBITDA.

Simulated default assumptions

-- Simulated year of default: 2024
-- Jurisdiction: U.S.
-- Valuation split(nonobligor/obligor): 100%/0%
-- EBITDA at emergence: $108 million

Simplified waterfall

-- Net enterprise value (after 5% administrative costs): $513
million

-- Total priority claims (asset-based lending [ABL] drawings): $61
million

-- Collateral value available to first-lien creditors: $451
million

-- Total first-lien debt: $936 million

    --Recovery expectations: 30%-50% (rounded estimate: 45%)

Note: All debt amounts include six months of accrued interest that
S&P assumes will be owed at default.



ZARA MANAGEMENT: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: Zara Management, LLC
        13840 King Rd
        Riverview, MI 48193

Business Description: Zara Management, LLC is a Single Asset Real
                      Estate debtor (as defined in 11 U.S.C.
                      Section 101(51B)).

Chapter 11 Petition Date: November 17, 2021

Court: United States Bankruptcy Court
       Eastern District of Michigan

Case No.: 21-49032

Debtor's Counsel: Tami Salzbrenner, Esq.
                  FRANK & FRANK, PLLC
                  30833 Northwestern Hwy. Suite 205
                  Farmington Hills, MI 48334
                  Tel: 248-932-1440
                  Email: tami@frankfirm.com

Total Assets as of December 31, 2020: $5,267,008

Total Debts as of December 31, 2020: $1,653,308

The petition was signed by Dr. Iqbal Nasir as managing member.

The Debtor filed an empty 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/MRDDKVY/Zara_Management_LLC__miebke-21-49032__0001.0.pdf?mcid=tGE4TAMA


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Cali Restaurant and Bakery, Inc.
   Bankr. M.D. Fla. Case No. 21-05778
      Chapter 11 Petition filed November 10, 2021
         See
https://www.pacermonitor.com/view/M5HLO6Y/Cali_Restaurant_and_Bakery_Inc__flmbke-21-05778__0001.0.pdf?mcid=tGE4TAMA
         represented by: Buddy D. Ford, Esq.
                         BUDDY D. FORD, P.A.
                         E-mail: All@tampaesq.com

In re Hoang Minh Thai
   Bankr. D. Ariz. Case No. 21-08377
      Chapter 11 Petition filed November 11, 2021
         represented by: Alan Solot, Esq.

In re Thorsby Drugs, Inc.
   Bankr. M.D. Ala. Case No. 21-32011
      Chapter 11 Petition filed November 11, 2021
         See
https://www.pacermonitor.com/view/KKIYQ5Q/Thorsby_Drugs_Inc__almbke-21-32011__0001.0.pdf?mcid=tGE4TAMA
         represented by: Anthony Bush, Esq.
                         THE BUSH LAW FIRM, LLC
                         E-mail: abush@bushlegalfirm.com

In re Sakhshat W. Flowers
   Bankr. D.N.J. Case No. 21-18756
      Chapter 11 Petition filed November 11, 2021
         represented by: Keith Anderson, Esq.

In re Michael G. Hull
   Bankr. E.D. Wisc. Case No. 21-25901
      Chapter 11 Petition filed November 11, 2021
         represented by: Jerome Kerkman, Esq.
                         KERKMAN & DUNN

In re Grigori Negru
   Bankr. N.D. Ill. Case No. 21-12935
      Chapter 11 Petition filed November 12, 2021
         represented by: John Holowach, Esq.

In re Second LLC
   Bankr. D. Md. Case No. 21-17145
      Chapter 11 Petition filed November 12, 2021
         See
https://www.pacermonitor.com/view/CTM47DY/Second_LLC__mdbke-21-17145__0001.0.pdf?mcid=tGE4TAMA
         represented by: Tate M. Russack, Esq.
                         RLC, PA LAWYERS & CONSULTANT
                         E-mail: Tate@russack.net

In re Community Vision Development Programs, LLC
   Bankr. D. Minn. Case No. 21-42019
      Chapter 11 Petition filed November 12, 2021
         See
https://www.pacermonitor.com/view/YFAJEXI/Community_Vision_Development_Programs__mnbke-21-42019__0001.0.pdf?mcid=tGE4TAMA
         represented by: Steven B. Nosek, Esq.
                         STEVEN B. NOSEK, P.A.
                         E-mail: snosek@noseklawfirm.com

In re Regina Hubbs
   Bankr. E.D. Tenn. Case No. 21-31785
      Chapter 11 Petition filed November 12, 2021
          represented by: James Moore, Esq.

In re Thunderhorse Multi-Electric, Inc.
   Bankr. N.D. Tex. Case No. 21-32033
      Chapter 11 Petition filed November 12, 2021
         See
https://www.pacermonitor.com/view/GTQXNFI/Thunderhorse_Multi-Electric_Inc__txnbke-21-32033__0001.0.pdf?mcid=tGE4TAMA
         represented by: Kevin S Wiley Jr., Esq.
                         HICKS LAW GROUP PLLC
                         E-mail: kwiley@hickslawgroup.com

In re AJT Services, Inc.
   Bankr. N.D. Ill. Case No. 21-12986
      Chapter 11 Petition filed November 13, 2021
         See
https://www.pacermonitor.com/view/YQIFIZI/AJT_Services_Inc__ilnbke-21-12986__0001.0.pdf?mcid=tGE4TAMA
         represented by: Laxmi P. Sarathy, Esq.
                         LAXMI P. SARATHY
                         E-mail: lsarathylaw@gmail.com

In re Neelam Inc.
   Bankr. D.N.J. Case No. 21-18842
      Chapter 11 Petition filed November 15, 2021
         See
https://www.pacermonitor.com/view/LAG7OPY/Neelam_Inc__njbke-21-18842__0001.0.pdf?mcid=tGE4TAMA
         represented by: Narissa Joseph, Esq.
                         LAW OFFICE OF NARISSA JOSEPH
                         E-mail: njosephlaw@aol.com

In re Rudolf H. Hendel and Catherine G. Lin-Hendel
   Bankr. D.N.J. Case No. 21-18847
      Chapter 11 Petition filed November 15, 2021

In re Serenity Spa 86 Inc.
   Bankr. E.D.N.Y. Case No. 21-42862
      Chapter 11 Petition filed November 15, 2021
         See
https://www.pacermonitor.com/view/ZQLKAVQ/SERENITY_SPA_86_INC__nyebke-21-42862__0001.0.pdf?mcid=tGE4TAMA
         represented by: Lawrence F. Morrison, Esq.
                         MORRISON TENENBAUM PLLC
                         E-mail: lmorrison@m-t-law.com

In re Aminder Pal Singh
   Bankr. E.D.N.Y. Case No. 21-71973
      Chapter 11 Petition filed November 15, 2021
         represented by: Alla Kachan, Esq.

In re Aminder Pal Singh
   Bankr. E.D.N.Y. Case No. 21-42858
      Chapter 11 Petition filed November 15, 2021

In re Eric James De Weerd
   Bankr. D.S.C. Case No. 21-02945
      Chapter 11 Petition filed November 15, 2021

In re Mark Anthony Weiss and Kathryn M. Weiss
   Bankr. S.D. Tex. Case No. 21-33708
      Chapter 11 Petition filed November 15, 2021
         represented by: Donald Wyatt, Esq.

In re Moss Opal, LLC
   Bankr. C.D. Cal. Case No. 21-18689
      Chapter 11 Petition filed November 16, 2021
         See
https://www.pacermonitor.com/view/36AYFZY/Moss_Opal_LLC__cacbke-21-18689__0001.0.pdf?mcid=tGE4TAMA
         represented by: Kevin Ronk, Esq.
                         PORTILLO RONK LEGAL TEAM
                         E-mail: Attorneys@portilloronk.com

In re Andras F. Babero
   Bankr. D. Nev. Case No. 21-15349
      Chapter 11 Petition filed November 16, 2021
         represented by: Andras Babero, Esq.

In re Aven Andreen Cubb
   Bankr. M.D. Fla. Case No. 21-05204
      Chapter 11 Petition filed November 16, 2021
         represented by: Chad Van Horn, Esq.


                            *********

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