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251204.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, December 4, 2025, Vol. 29, No. 337 Headlines 13925 OLD CUTLER: Case Summary & One Unsecured Creditor 143 COURT ST: Court Extends Cash Collateral Access to Dec. 31 23ANDME HOLDINGS: Judge Set to Approve $16.5MM Insurance Deal 250 WYNAH: Cash Collateral Hearing Set for Dec. 17 2903 KIRK RD: Case Summary & One Unsecured Creditor 5410 30TH STREET: Hires Deirdre T Johnson as Bankruptcy Counsel ABSOLUTE DEFENSE: Hires Essex Richards as Bankruptcy Counsel AL DRUGS: Gets Final OK to Use Cash Collateral ANDERSON HAY: Family-Operated Agribusiness Seeks Ch. 11 Bankruptcy ANESIS CENTER: Jennifer Schank Named Subchapter V Trustee ANTHONY'S TRUCK: Seeks to Hire Trucks Inc. as Auctioneer APPERSON CRUMP: Case Summary & 20 Largest Unsecured Creditors ARK HOME: Case Summary & Largest Unsecured Creditors AZ GROVES: Christopher Simpson Named Subchapter V Trustee BAILEYS' OLIVE: Seeks Chapter 11 Bankruptcy in Missouri BEAN BROTHERS: Gets Extension to Access Cash Collateral BELLA TUSCANY: Gets Interim OK to Use Cash Collateral Until Dec. 18 BELLEROSE TERRACE: Seeks to Use Cash Collateral Until March 13 BETTER IS BETTER: Unsecureds Will Get 32% via Quarterly Payments BMH 95 RE CARUTHERSVILLE: Seeks Chapter 11 Bankruptcy in Texas BMH 96 RE MARION: Seeks Chapter 11 Bankruptcy in Texas BODYWORX PHYSICAL: Gets Interim OK to Use Cash Collateral BODYWORX PHYSICAL: Hires Hammond Law Firm as Bankruptcy Counsel BRIGHTSTAR LOTTERY: S&P Rates New $500MM Sr. Secured Notes 'BB+' BUCCANEER INTERMEDIATE: S&P Withdraws 'B-' Issuer Credit Rating BUDDY MAC: Seeks Chapter 11 Bankruptcy in Texas BURGERFI INTL: Buyer Wants Appeal from Ch. 11 Refund Ruling Stayed C.C. GRABER: Case Summary & 20 Largest Unsecured Creditors CAPSTONE BORROWER: S&P Affirms 'B-' ICR, Outlook Stable CITY OF CHESTER: Receiver Urges Court to Restructure Water Board CLAYTON ISTHMUS: Case Summary & Five Unsecured Creditors CONKLIN MEDIA: Seeks to Tap CGA Law Firm as Bankruptcy Counsel COSMETIC SURGERY: Case Summary & Three Unsecured Creditors COUNTRY GARDEN: US Judge Recognizes HK Restructuring Plan COURTESY SECURITY: Hires Robert Goldstein as Bankruptcy Counsel CRS SERVICES: Seeks to Hire Larson & Zirzow as Bankruptcy Counsel DAV-DAN ENTERPRISES: Hires Cuenant & Pennington as General Counsel DURVALL PROPERTIES: Seeks Chapter 11 Bankruptcy in Texas E&M BINDERY: Court OKs Bindery Business Sale to Bind-Rite for $567K E&M BINDERY: Gets Interim OK to Use Cash Collateral E3 PEST: Hires Stichter Riedel Blain & Postler as Legal Counsel EGV HOLDINGS: Gets OK to Hire Berger Singerman as Legal Counsel EL DORADO: Trustee Gets OK to Tap GlassRatner as Asset Sale Advisor ELITE PRINTING: Gets Final OK to Use Kapitus' Cash Collateral FOUR FINANCIAL: Cash Collateral Hearing Set for Dec. 30 GALBREATH RESTAURANT: Hires BransonLaw PLLC as Legal Counsel GOL LINHAS: Fed. Court Overturns Ch. 11 Plan Releases on Appeal HANSEN-MUELLER CO: Hires Epiq as Claims and Solicitation Agent HANSEN-MUELLER CO: Seeks Approval to Tap Koley Jessen as Counsel HANSEN-MUELLER CO: Taps Ascendant Consulting as Investment Banker HAUSEN-MUELLER CO: Hires Silverman Consulting as Financial Advisor HERC HOLDINGS: S&P Rates New $1.2BB Senior Unsecured Notes 'BB-' HIGH LINER: Moody's Affirms 'B1' CFR, Outlook Stable HIGHLINE AFTERMARKET:S&P Affirms 'B' Rating on Senior Secured Debt HIVE & HONEYCOMB: Gets OK to Hire Neeleman Law Group as Counsel HOTEL ONE: Seeks to Hire Berger Singerman as Bankruptcy Counsel IMH DALLAS: Case Summary & 20 Largest Unsecured Creditors J&R VACUUM: Lisa Rynard Named Subchapter V Trustee J.D.S. IMPROVEMENTS: Seeks to Hire Allen Jones & Giles as Counsel JADE HOLDINGS: Taps Van Horn Law Group as Bankruptcy Counsel JENNMAR INTERMEDIATE: S&P Assigns 'B' ICR, Outlook Stable JENNMAR INTERMEDIATE: S&P Assigns 'B' ICR, Outlook Stable JHW PLUMBING: Seeks Approval to Tap Ellett Law Offices as Counsel JRCP RESTAURANTS: Gets Interim OK to Use Cash Collateral KEEP IT GYPSY: Seeks to Hire Daniel Peterson CPA as Accountant KIM ENGINEERING: Gets OK to Use Cash Collateral Until Dec. 31 LAS VEGAS COLOR: Hires Garman Turner Gordon as Bankruptcy Counsel LASERCYCLE INC: Unsecured Creditors to Split $53,200 in Plan M&N HOLDING: Seeks Chapter 7 Bankruptcy in Georgia METERED APPLIANCES: Hires Charles Wertman P.C. as Legal Counsel MEXCOL GROUP: Case Summary & 10 Unsecured Creditors MIRAMAR TOWNHOMES: Gets Extension to Access Cash Collateral MODEL SHIPWAYS: Carol Fox of GlassRatner Named Subchapter V Trustee MODERNO PORCELAIN: Gets Court OK for DIP Financing MONTE MARTIN : Gets Interim OK to Use Cash Collateral MR. BUBBLES AURORA: Case Summary & Four Unsecured Creditors NAVELLIER & ASSOCIATES: Hires McDonald Carano LLP as Co-Counsel NAVELLIER & ASSOCIATES: Taps Harris Law Practice LLC as Counsel NERFIES MANAGEMENT: Voluntary Chapter 11 Case Summary NEW HEALTH: Seeks to Hire Swarmer CPA Services as Tax Preparer NEXTGEN MRO: Gets Interim OK to Use Cash Collateral NORDSTRAND ENGINEERING: Case Summary & 20 Top Unsecured Creditors NORTHERN FUEL: To Sell Waskish Property to Farmers Union Oil NUMERICAL CONCEPTS: Hires Allies Commercial Realty as Broker NYC OF PIERMONT: Case Summary & Five Unsecured Creditors OMNICARE LLC: Committee Seeks to Hire Herbert Smith as Counsel OMNICARE LLC: Union Challenges Bankruptcy Bidding Plan ORANGE COURIER: Gets Court OK to Use Cash Collateral PAPATZUL LLC: Nat Wasserstein Named Subchapter V Trustee PARTY CITY: Franchisees Seek Monopolization Case Revamp PHIL KEAN DESIGNS: L. Todd Budgen Named Subchapter V Trustee PRESTON CONSULTING: Seeks to Hire Performance Brokerage as Broker RECREATION DISCOUNT: Case Summary & 20 Top Unsecured Creditors RED ROCK: Plan Exclusivity Period Extended to December 15 REDFISH PROPERTY: Case Summary & Two Unsecured Creditors REDFISH PROPERTY: Seeks Chapter 11 Bankruptcy in Texas RELENTLESS HOLDINGS: Seeks to Sell Delray Beach Property at Auction RIC (AUSTIN): Hires Drenner Group as Special Entitlements Counsel ROBRAD TOOL: Seeks to Hire Parker Law Team as Special Counsel RT 1 CHICKEN: Case Summary & Six Unsecured Creditors RUTHERFORD ENTERPRISES: Seeks to Hire WSR 323 LLC as Broker S & S SERVICES: Seeks to Hire The Bush Law Firm as Legal Counsel SAI BHOLE-NATH: Case Summary & Eight Unsecured Creditors SAMYS OC: Seeks to Hire Sader Law Firm as Special Counsel SAVI CONSTRUCTION: Construction and Real Estate Co. Seeks Ch. 11 SECOND STREET: May 26 Governmental Claims Bar Date SHIFT4 PAYMENTS: S&P Rates New Repriced $1BB Term Loan B 'BB+' SHILO INN BEND: Cash Collateral Hearing Set for Dec. 18 SHILO INN OCEAN SHORES: Cash Collateral Hearing Set for Dec. 18 SILICON VALLEY: Secures Dismissal of Cayman Deposit Suit SILVERLINE MECHANICAL: Gets Interim OK to Use Cash Collateral SILVERROCK DEVELOPMENT: Seeks to Extend Exclusivity to Feb. 5, 2026 SOLUSCIENCE INC: Colorado-Based Co. Seeks Subchapter V Bankruptcy STONEWALL CONSTRUCTION: Hires Magee Goldstein Lasky as Attorney TECHNOMECH INC: Jerrett McConnell Named Subchapter V Trustee TELLICO RENTALS: Property Sale to Jamie Standridge OK'd THUNDER SUN: Voluntary Chapter 11 Case Summary TOTAL COLLECTION: Seeks to Hire BFSNG Law Group as Legal Counsel TPI COMPOSITES: Reaches Tentative Pre-Chapter 11 Uptier Suit Deal TRASK RADIO: Hires McGrail & Bensinger LLP as Bankruptcy Counsel TRASK RADIO: Seeks Approval to Hire CFGI LLC as Financial Advisor TRINITY REALTY: Case Summary & Six Unsecured Creditors TXNM ENERGY: S&P Rates Junior Subordinated Notes Due 2056 'BB+' VALMONT HOLDINGS: Section 341(a) Meeting of Creditors on Dec. 29 VIB TRANS: Seeks to Hire Gutnicki LLP as Co-Bankruptcy Counsel VILLAGE OAKS: Trustee Gets OK to Hire GlassRatner as Sale Advisor VINTAGE RESTORATION: Seeks Subchapter V Bankruptcy in Texas WATERBOY SPORTS: L. Todd Budgen Named Subchapter V Trustee WEST RIDGE: Seeks to Hire Barth & Thompson as Local Counsel WESTSIDE TOW: Seeks to Tap Terzian Law Group as Bankruptcy Counsel WESTVIEW BAPTIST: Seeks to Extend Exclusivity to March 17, 2026 WJH CONSTRUCTION: Hires Center City Law Offices as Legal Counsel WOC EVENTS: Hires Munsch Hardt Kopf & Harr as Bankruptcy Counsel WOODCREST CONDOMINIUMS: Plan Exclusivity Extended to March 1, 2026 [] DiPompeo Co-Chairs Willkie's Bankruptcy Litigation Practice [^] Recent Small-Dollar & Individual Chapter 11 Filings ********* 13925 OLD CUTLER: Case Summary & One Unsecured Creditor ------------------------------------------------------- Debtor: 13925 Old Cutler Road LLC 13925 Old Cutler Road Miami, FL 33158 Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Southern District of Florida Case No.: 25-24228 Judge: Hon. Laurel M Isicoff Debtor's Counsel: Joel Aresty, Esq. JOEL M. ARESTY PA 309 1st Ave. S. Tierra Verde, FL 33715 Tel: (305) 904-1903 Email: aresty@icloud.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Kevin Parrott as manager. The Debtor listed Guillermo Fernandez, et al, c/o 7400 SW 57th Court, Suite 202 in Miami, Florida, as its only unsecured creditor, with a claim of $3.72 million. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/3JK3DNY/13925_OLD_CUTLER_ROAD_LLC__flsbke-25-24228__0001.0.pdf?mcid=tGE4TAMA 143 COURT ST: Court Extends Cash Collateral Access to Dec. 31 ------------------------------------------------------------- 143 Court St. Associates, LLC received third interim approval from the U.S. Bankruptcy Court for the Eastern District of New York to use cash collateral to fund operations. The interim order authorized the Debtor, through its receiver Dean Horowitz, to use cash collateral through December 31 pursuant to its budget, subject to a 10% variance. Funds may be used for asset maintenance, business operations, taxes, insurance, utilities, and U.S. trustee fees. The Debtor projects total monthly operational expenses of $2,642.94. As adequate protection for the use of its cash collateral, the lender 143 Court Street Funding, LLC will be granted replacement liens on assets acquired by the Debtor after its Chapter 11 filing. The replacement liens do not apply to any avoidance actions. In addition, the lender will continue to receive a monthly payment of $18,280.54 (9% of the lender's judgment of foreclosure and sale). In case of any diminution in value of its collateral, the lender will have a superpriority administrative expense claim, subordinate only to a fee carveout. The Debtor's authority to use cash collateral will terminate upon dismissal or conversion of its Chapter 11 case; plan confirmation; non-compliance with the interim order; or termination of business. Despite termination of consensual rights, the Debtor may seek nonconsensual use of cash collateral with proper notice and court hearing. About 143 Court St. Associates LLC 143 Court St. Associates LLC is a real estate debtor holding a single asset, as outlined in 11 U.S.C. Section 101(51B). The Debtor owns the property at 143 Court Street, Brooklyn, NY, in fee simple, and the property's current value is $4 million. 143 Court St. Associates LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 25-41056) on March 4, 2025. In its petition, the Debtor reports total assets of $4,000,000 and total liabilities of $3,745,332. Honorable Bankruptcy Judge Nancy Hershey Lord handles the case. Jonathan S. Pasternak, Esq., at Davidoff Hutcher & Citron, LLP, is the Debtor's legal counsel. 143 Court Street Funding, LLC, as lender, is represented by: Evan M. Newman, Esq. Jacobowitz Newman Tversky, LLP 377 Pearsall Avenue, Suite C Cedarhurst, NY 11516 Tel: (516)-545-0343 Fax: (212) 671-1883 enewman@jntllp.com 23ANDME HOLDINGS: Judge Set to Approve $16.5MM Insurance Deal ------------------------------------------------------------- Emily Lever of Law360 reports that a bankruptcy judge is poised to approve a $16.5 million agreement allowing 23andMe's cyber insurers to repurchase the remaining portion of their policy coverage. The deal would resolve key insurance issues tied to the company's Chapter 11 case. The proposed transaction is expected to streamline the restructuring process and provide additional liquidity as 23andMe works to stabilize operations during bankruptcy, the report states. About 23andMe Holding Co. 23andMe Holding Co. is a genetics-led consumer healthcare and biotechnology company in San Francisco, Calif. Through its direct-to-consumer genetic testing, 23andMe offers personalized insights into ancestry, genetic traits, and health risks. The company has developed a large database of genetic information from over 15 million customers, enabling it to provide health and carrier status reports and collaborate on genetic research for drug development. On the Web: http://www.23andme.com/ On March 23, 2025, 23andMe and 11 affiliated debtors each filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mo. Lead Case No. 25-40976). 23andMe disclosed $277,422,000 in total assets against $214,702,000 in total liabilities as of Dec. 31, 2024. Paul, Weiss, Rifkind, Wharton & Garrison, LLP, Morgan, Lewis & Bockius, LLP and Carmody MacDonald, PC serve as legal counsel to the Debtors while Alvarez & Marsal North America, LLC serve as the restructuring advisor. The Debtors tapped Reevemark, LLC and Scale Strategy Operations, LLC as communications advisors and Kroll Restructuring Administration Services, LLC as claims agent. Lewis Rice LLC, Moelis & Company LLC, and Goodwin Procter LLP serve as special local counsel, investment banker, and legal advisor to the Special Committee of 23andMe's Board of Directors, respectively. Jerry Jensen, Acting U.S. Trustee for Region 13, appointed an official committee to represent unsecured creditors in the Debtors' Chapter 11 cases. The committee tapped Kelley Drye & Warren, LLP and Stinson, LLP as legal counsel and FTI Consulting, Inc. as financial advisor. 250 WYNAH: Cash Collateral Hearing Set for Dec. 17 -------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, is set to hold a hearing on December 17 to consider another extension of 250 Wynah Lane, LLC's authority to use cash collateral. The Debtor was initially authorized to use cash collateral until the December 3 hearing under the court's November 24 interim order. On December 3, the court continued the hearing to December 17. 250 Wynah Lane owns a residential rental property located at 250 Winyah Lane in Vineyard Haven, Massachusetts -- its sole income-producing asset. The rental income generated from this property and other property-related revenues constitute the Debtor's cash collateral. These funds are currently subject to the secured interests of two lenders: World Business Lenders and The Cape Cod Five Cents Savings Bank. About 250 Wynah Lane LLC 250 Wynah Lane, LLC is a single-asset real estate debtor, as defined in 11 U.S.C. Section 101(51B). 250 Wynah Lane sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-07414) on May 14, 2025. In its petition, the Debtor reported estimated assets and liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Deborah L. Thorne handles the case. Matthew T. Gensburg, Esq., at Gensburg Calandriello & Kanter, P.C. is the Debtor's legal counsel. World Business Lenders, as lender, is represented by: Stephanie Mulcahy, Esq. Hinshaw & Culbertson, LLP 151 N. Franklin, Suite 2500 Chicago, IL 60606 Telephone: 312-704-3220 smulcahy@hinshawlaw.com Cape Cod Five Cents Savings Bank, as lender, is represented by: Sean P. Williams, Esq. Levenfeld Pearlstein, LLC 120 S. Riverside, Suite 1800 Chicago, IL 60606 Telephone: (312) 346-8380 swilliams@lplegal.com 2903 KIRK RD: Case Summary & One Unsecured Creditor --------------------------------------------------- Debtor: 2903 Kirk Rd, LLC 2903 Kirk Road Aurora, IL 60502 Business Description: 2903 Kirk Rd, LLC is classified as a single- asset real estate debtor under the definition set out in 11 U.S.C. Section 101(51B). Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Northern District of Illinois Case No.: 25-18467 Judge: Hon. Michael B Slade Debtor's Counsel: Scott R. Clar, Esq. CRANE, SIMON, CLAR & GOODMAN Suite 3950 135 South LaSalle Street Chicago, IL 60603-4297 Tel: 312-641-6777 Fax: 312-641-7114 Email: sclar@cranesimon.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Kyle Evans as managing member. The Debtor listed PDB, located at 1305 Busch Pkwy, Buffalo Grove, IL, as its sole unsecured creditor, with a claim arising from a promissory note under litigation. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/Z6RLZWI/2903_Kirk_Rd_LLC__ilnbke-25-18467__0001.0.pdf?mcid=tGE4TAMA 5410 30TH STREET: Hires Deirdre T Johnson as Bankruptcy Counsel --------------------------------------------------------------- 5410 30th Street DC LLC seeks approval from the U.S. Bankruptcy Court for the District of Maryland to hire Deirdre T Johnson, Esq. as attorney. The firm will render these services: a. evaluate the Debtor's financial condition and Chapter 11 eligibility; b. prepare and file the voluntary petition, schedules and related documents; c. advise the Debtor regarding its duties as debtor-in possession under 11 U.S.C. Secs. 1107-1108; d. represent the Debtor at the Sec. 340 Meeting of Creditors and Court status conferences; e. prepare all motions, applications, and reports required by the Bankruptcy Code, Federal Rules, and Local Rules; f. assist with the preparation of a Chapter 11 plan and disclosure statement; and g. communicate with the United State Trustee, creditors, and parties in interest. The firm received a retainer in the amount of $1,500. Mr. Johnson assured the court that he is a "disinterested person" within the meaning of 11 U.S.C. 101(14). The counsel can be reached through: Deirdre T Johnson, Esq. Deirdre T Johnson, Esq. - Attorney at Law 9701 Apollo Dr., Suite 301 Upper Marlboro, MD 20774 Tel: (301) 742-5385 Email: dtjesq@dtjohnsonlaw.com About 5410 30th Street DC LLC 5410 30th Street DC LLC is a limited liability company. 5410 30th Street DC LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No. 25-19605) on October 1, 2025. In its petition, the Debtor reports estimated assets and liabilities between $1 million and $10 million each. Honorable Bankruptcy Judge Lori S. Simpson handles the case. The Debtor is represented by Deirdre Theresa Johnson, Esq. ABSOLUTE DEFENSE: Hires Essex Richards as Bankruptcy Counsel ------------------------------------------------------------ Absolute Defense, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of North Carolina to hire Essex Richards, P.A. as bankruptcy counsel. The firm will render these services: (a) provide legal advice concerning the responsibilities as a Chapter 11 Debtor and the continued management of its business; (b) negotiate, prepare, and pursue confirmation of a Chapter 11 plan and approval of disclosure statement, and all related reorganization agreements and/or documents; (c) prepare all necessary motions, applications, reports, orders, objections and the like associated with prosecuting the Chapter 11 case; (d) prepare and appear in Bankruptcy Court to protect the Debtor's best interests; (e) perform all other legal services for the Debtor which may become necessary in this Chapter 11 case; and (f) prosecute and defend the Debtor in all adversary proceedings related to the base case. The firm's current hourly rates: John C. Woodman $400 Paralegal $200 Staff $65 In addition, the firm will seek reimbursement for expenses incurred. Mr. Woodman disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: John C. Woodman, Esq. Essex Richards, PA 1701 South Blvd. Charlotte, NC 28203 Telephone: (704) 377-4300 About Absolute Defense, LLC Absolute Defense, LLC designs and implements building-hardening and physical-security solutions that protect facilities from man-made threats and natural hazards by using reinforced glazing, perimeter-protection measures, access-control systems, and other structural-hardening technologies. Absolute Defense, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D.N.C. Case No. 25-31231) on Nov. 15, 2025. At the time of filing, the Debtor estimated $100,000 to $500,000 in assets and $1 million to $10 million in liabilities. The petition was signed by Tonya Cockman as member. Judge Ashley Austin Edwards presides over the case. John C. Woodman, Esq. at ESSEX RICHARDS PA represents the Debtor as counsel. AL DRUGS: Gets Final OK to Use Cash Collateral ---------------------------------------------- AL Drugs, Inc. received final approval from the U.S. Bankruptcy Court for the Eastern District of New York to use cash collateral to fund operations. The final order authorized the Debtor to use cash collateral until confirmation of its Subchapter V plan or until such later time as the court may permit to pay the expenses set forth in its budget, subject to a 10% variance per line item. As adequate protection, McKesson Corporation will continue to receive a monthly payment of $1,000. In addition, McKesson will be granted post-petition replacement liens on all of the Debtor's assets constituting pre-bankruptcy collateral and the proceeds thereof. These replacement liens do not apply to avoidance claims. The Debtor is not required to make payments to other creditors such as Cardinal Health, OnDeck Capital, Credibly of Arizona, LLC and Burlington Drug Company, Inc. The Debtor's authority to use cash collateral automatically ends if it violates material terms without cure, if a court order terminates the authority, or if unauthorized post-petition liens are created. McKesson retains the right to seek stay relief on five days' notice after a termination event. The final order is available at https://is.gd/HyiZF6 from PacerMonitor.com. McKesson asserts a $450,000 secured claim and holds a first-priority lien on substantially all assets of the Debtor, supported by UCC filings. McKesson is represented by: Jeffrey K. Garfinkle, Esq. Buchalter, A Professional Corporation 18400 Von Karman Avenue, Suite 800 Irvine, CA 92612 Telephone: (949) 760-1121 jgarfinkle@buchalter.com About AL Drugs Inc. AL Drugs, Inc. operates a community-based retail pharmacy in Glendale, New York. AL Drugs filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. E.D. N.Y. Case No. 25-42747) on June 5, 2025, listing between $100,001 and $500,000 in assets and between $1 million and $10 million in liabilities. Judge Nancy Hershey Lord oversees the case. The Debtor is represented by Richard S. Feinsilver, Esq. ANDERSON HAY: Family-Operated Agribusiness Seeks Ch. 11 Bankruptcy ------------------------------------------------------------------ Twinkle Jha of What Now reports that Anderson Hay & Grain has filed for Chapter 11 bankruptcy as it seeks to reorganize amid ongoing financial pressures. The Washington-based hay and forage exporter, along with several related entities, entered restructuring proceedings to stabilize its operations. Court filings show the company initiated its Chapter 11 case on November 26, 2025 in the U.S. Bankruptcy Court for the Eastern District of Washington. Founded in 1960, Anderson Hay & Grain supplies forage products to more than 30 countries and oversees production from planting to export. The case is assigned to Judge Whitman L. Holt, with Bush Kornfeld LLP attorneys James L. Day and Lesley D. Bohleber representing the debtor. The voluntary petition was filed with a $1,738 fee and lists estimated assets between $10 million and $50 million and liabilities ranging from $50 million to $100 million. The court has directed the company to file outstanding schedules and statements—including Schedules D, G, and H, the Summary of Schedules, and the Disclosure Statement—by December 10, 2025. The Chapter 11 plan is due March 26, 2026, according to report. Debtor's counsel has also requested joint administration of Anderson Hay & Grain's related filings, supported by a declaration from Steven Gordon. With its restructuring underway, the company is seeking to correct incomplete filings and gain court approval to move forward with efforts to stabilize its business and manage its debt obligations. About Anderson Hay & Grain Anderson Hay & Grain, together with its subsidiaries, supplies Pacific Northwest-grown forage products, including three-tie hay, bagged forage, compressed hay, and MAG bales, serving both consumer and commercial markets such as horse owners, small-acreage farms, retailers, and agricultural operations. The Company operates domestically and internationally, distributing hay to partners in more than 30 countries. Founded in 1960 and family-led since its inception, it focuses on producing consistent forage and maintaining long-term relationships across its supply chain. Anderson Hay and affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Wash. Case No. 25-02075) on November 26, 2026. In its petition, the Debtor reports estimated assets between $10 million and $50 million and estimated liabilities between $50 million and $100 million. Honorable Bankruptcy Judge Whitman L. Holt handles the case. The Debtors are represented by James L. Day, Esq. of BUSH KORNFELD LLP. ANESIS CENTER: Jennifer Schank Named Subchapter V Trustee --------------------------------------------------------- The Acting U.S. Trustee for Region 11 appointed Jennifer Schank of Fuhrman & Dodge, S.C. as Subchapter V trustee for Anesis Center for Marriage and Family Therapy, LLC. Ms. Schank will be paid an hourly fee of $335 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Schank declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Jennifer M. Schank Fuhrman & Dodge, S.C. 6405 Century Avenue, Suite 101 Middleton, WI 53562 Phone: (608) 327-4200 Fax: (608) 841-1502 Email: jschank@fuhrmandodge.com About Anesis Center Anesis Center for Marriage and Family Therapy, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wis. Case No. 25-12586) on November 25, 2025, listing between $100,001 and $500,000 in assets and between $1 million and $10 million in liabilities. Judge Catherine J. Furay presides over the case. Krystal R. Williams-Oby, Esq., at Krystal Williams-Oby, LLC represents the Debtor as legal counsel. ANTHONY'S TRUCK: Seeks to Hire Trucks Inc. as Auctioneer -------------------------------------------------------- Anthony's Truck Repair Ltd. Co. seeks approval from the U.S. Bankruptcy Court for the Southern District of West Virginia to employ Trucks Inc. as auctioneer. The firm will assist the Debtor in the sale of some of its personal property located just off the Sam Black Church exit on Interstate 64 near Crawley, Greenbrier County, West Virginia. The auctioneer's commission is 10 percent of the sale proceeds. Todd Young, an auctioneer of Trucks Inc., disclosed in the court filings, that his firm is a "disinterested person" within the meaning of 11 U.S.C. 101(14). The firm can be reached through: Todd M. Young Trucks, Inc. 2540 Pennsylvania Avenue Charleston, WV 23502 Tel: (330) 477-6271 About Anthony's Truck Repair Anthony's Truck Repair Ltd. Co. filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code (Bankr. S.D. W. Va. Case No. 25-50023) on Apr. 28, 2025, listing under $1 million in both assets and liabilities. Judge B. McKay Mignault oversees the case. Andrew S. Nason, Esq., at Pepper & Nason serves as the Debtor's counsel. APPERSON CRUMP: Case Summary & 20 Largest Unsecured Creditors ------------------------------------------------------------- Debtor: Apperson Crump PLC 6000 Poplar Ave Suite 150 Memphis, TN 38119 Business Description: Apperson Crump PLC, established in 1865 in Memphis, Tennessee, is the city's oldest continuously operating law firm, providing a broad range of legal services including criminal law, corporate and business law, family law, labor and employment law, litigation, and estate planning. The firm's members have held leadership roles in the Memphis Bar Association and national legal organizations, with several appointed to the bench, reflecting its longstanding professional recognition. It serves clients across public, private, and nonprofit sectors, and is rated "AV" by Martindale- Hubbell. Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Western District of Tennessee Case No.: 25-11660 Judge: Hon. Jimmy L Croom Debtor's Counsel: C. Jerome Teel Jr., Esq. TEEL & GAY, PLC 79 Stonebridge Blvd. Suite B Jackson, TN 38305 Tel: (731) 424-3315 Fax: (731) 424-3501 E-mail: jerome@tennesseefirm.com Total Assets: $1,391,261 Total Liabilities: $2,685,641 The petition was signed by Jon Smith as managing partner. A full-text copy of the petition, which includes a list of the Debtor's 20 largest unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/Z2HJ3JY/Apperson_Crump_PLC__tnwbke-25-11660__0001.0.pdf?mcid=tGE4TAMA ARK HOME: Case Summary & Largest Unsecured Creditors ---------------------------------------------------- Eight affiliates that concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code: Debtor Case No. ------ -------- Ark Home 1 LLC 25-11900 1210 Rosewood Ave Unit B Austin, TX 78702-2095 Ark Home 3 LLC 25-11901 1210 Rosewood Ave Unit B Austin, TX 78702-2095 Ark Home 4 LLC 25-11902 1210 Rosewood Ave Unit B Austin, TX 78702-2095 Ark Home 5 LLC 25-11903 1210 Rosewood Ave Unit B Austin, TX 78702-2095 Ark Home 6 LLC 25-11904 1210 Rosewood Ave Unit B Austin, TX 78702-2095 Ark Home 7 LLC 25-11905 1210 Rosewood Ave Unit B Austin, TX 78702-2095 Ark Home 10 LLC 25-11906 1210 Rosewood Ave Unit B Austin, TX 78702-2095 Ark Home 13 LLC 25-11908 1210 Rosewood Ave Unit B Austin, TX 78702-2095 Business Description: The Debtors each own a single-family residential property in various locations in Austin, Texas, and provide property management and related support services. Chapter 11 Petition Date: December 2, 2025 Court: United States Bankruptcy Court Western District of Texas Judge: Hon. Shad Robinson Debtors' General Bankruptcy Counsel: An Nguyen, Esq. NGUYEN LAW, PLLC PO Box 150146 Austin TX 78715-0146 Tel: (512) 712-3484 Email: bankruptcy@anwinlaw.com Each Debtor's Estimated Assets: $1 million to $10 million Each Debtor's Estimated Liabilities: $1 million to $10 million The petitions were signed by David Lawver as manager. Full-text copies of the petitions, which include lists of the Debtors' largest unsecured creditors, are available for free on PacerMonitor at: https://www.pacermonitor.com/view/WA2MQUI/Ark_Home_1_LLC__txwbke-25-11900__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/WOGH34I/Ark_Home_3_LLC__txwbke-25-11901__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/WK2UUKA/Ark_Home_4_LLC__txwbke-25-11902__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/YCO3VVI/Ark_Home_5_LLC__txwbke-25-11903__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/YPEXGDY/Ark_Home_6_LLC__txwbke-25-11904__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/YLCL7DA/Ark_Home_7_LLC__txwbke-25-11905__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/YW6QZOY/Ark_Home_10_LLC__txwbke-25-11906__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/Y2RFSCI/Ark_Home_13_LLC__txwbke-25-11908__0001.0.pdf?mcid=tGE4TAMA AZ GROVES: Christopher Simpson Named Subchapter V Trustee --------------------------------------------------------- The U.S. Trustee for Region 14 appointed Christopher Simpson, Esq., at Osborn Maledon P.A. as Subchapter V trustee for AZ Groves, LLC. Mr. Simpson will be paid an hourly fee of $550 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Simpson declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Christopher C. Simpson Osborn Maledon, P.A. 2929 N. Central Avenue, 21st Fl. Phoenix, AZ 85012 Phone: (602) 640-9349 Fax: (602) 640-9050 Email: csimpson@omlaw.com About AZ Groves LLC AZ Groves, LLC, a company in Goodyear, Ariz., filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Ariz. Case No. 25-11363) on November 25, 2025, listing up to $50,000 in assets and between $1 million and $10 million in liabilities. Judge Madeleine C. Wanslee presides over the case. Ronald J. Ellett, Esq., at Ellett Law Offices, P.C. represents the Debtor as bankruptcy counsel. BAILEYS' OLIVE: Seeks Chapter 11 Bankruptcy in Missouri ------------------------------------------------------- On November 24, 2025, Baileys' Olive West Inc. filed for Chapter 11 protection in the Eastern District of Missouri. According to court filings, the debtor reports between $100,001 and $1,000,000 in liabilities owed to 1–49 creditors. About Baileys' Olive West Inc. Baileys' Olive West Inc. is a Missouri-based business engaged in restaurant operations and related hospitality services. The company manages dining establishments with a focus on customer experience, food quality, and service consistency. Baileys' Olive West Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mo., Case No. 25-44579) on November 24, 2025. In its petition, the debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $100,001 and $1,000,000. The case is assigned to Honorable Bankruptcy Judge Bonnie L. Clair. The debtor is represented by Spencer P. Desai, Esq. of The Desai Law Firm, LLC. BEAN BROTHERS: Gets Extension to Access Cash Collateral ------------------------------------------------------- Bean Brothers Landscaping, LLC received another extension from the U.S. Bankruptcy Court for the Western District of North Carolina, Shelby Division, to use cash collateral. The court issued its fourth interim order granting the Debtor approval to use cash collateral pending a further hearing on December 19 to pay operating expenses in accordance with its updated budget. The Debtor projects total operational expenses of $203,109.42 for December. As adequate protection, secured creditors with interest in the cash collateral will be granted replacement liens on property acquired by the Debtor after its bankruptcy filing, with the same priority and extent as their pre-bankruptcy liens. The Debtor must also comply with all reporting requirements, including providing weekly financial statements, bank records, and updates comparing actual performance to the budget as further protection to secured creditors. The fourth interim order is available at https://is.gd/iRG0fL from PacerMonitor.com. Bean Brothers Landscaping has identified several creditors with UCC financing statements filed in North Carolina but has not yet fully reviewed the related loan documents. About Bean Brothers Landscaping LLC Bean Brothers Landscaping, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D.N.C. Case No. 25-40201) on September 25, 2025, listing up to $100,001 to $500,000 in both assets and liabilities. Judge Ashley Austin Edwards handles the case. The Debtor is represented by: John C. Woodman, Esq. Essex Richards Tel: 704-377-4300 Email: jwoodman@essexrichards.com BELLA TUSCANY: Gets Interim OK to Use Cash Collateral Until Dec. 18 ------------------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, granted Bella Tuscany Windermere, Inc. interim authorization to use cash collateral through December 18. The court authorized the Debtor to use cash collateral to pay the amounts expressly authorized by the court; the expenses set forth in the budget, plus an amount not to exceed 10% for each line item; and additional amounts subject to approval by secured creditors. The order requires Bella to meet all obligations imposed on a debtor-in-possession, including compliance with the Bankruptcy Code, maintaining insurance under its loan documents, and honoring Court directives. Creditors will be granted replacement liens on cash collateral to the same extent and priority as their pre-bankruptcy liens. The order is without prejudice to later requests for modified adequate protection or further restrictions. A continued preliminary hearing is scheduled for December 18. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/K32uz from PacerMonitor.com. About Bella Tuscany Windermere Inc. Bella Tuscany Windermere Inc. operates in the restaurants industry. Bella Tuscany Windermere Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-07204) on November 6, 2025. In its petition, the Debtor reports estimated assets and liabilities between $1 million and $10 million each. Honorable Bankruptcy Judge Grace E. Robson handles the case. The Debtor is represented by Daniel A. Velasquez, Esq. of Latham, Luna, Eden & Beaudine, LLP. BELLEROSE TERRACE: Seeks to Use Cash Collateral Until March 13 -------------------------------------------------------------- Bellerose Terrace, LLC asks the U.S. Bankruptcy Court for the District of Massachusetts for authority to use cash collateral and provide adequate protection. The Debtor seeks this authorization to preserve and maintain its real estate assets and continue operations without interruption, specifically requesting interim use of cash collateral to operate the business, authority to grant post-petition liens to certain secured creditors, and scheduling of a final hearing on continued use through March 13, 2026. The Debtor emphasizes an immediate need for cash collateral to pay necessary expenses beginning December, including utilities, insurance, and other operating costs, and certifies that it has communicated in good faith with its senior secured creditor, Terrace Street Note Holder LLC, regarding the motion and proposed budget. Bellerose Terrace, a Massachusetts LLC formed in 2018, owns multiple real property parcels in Suffolk County, Massachusetts, with two redevelopment projects in progress: Project 1, consisting of five parcels at 110-128R Terrace Street, valued at approximately $5.5 million, and Project 2, at 1-4 Terrace Place, valued at $6 million. Total estate equity prior to secured claims is $11.5 million, with equity net of secured claims estimated at $3,884,347. Both projects were refinanced with current secured lenders after purchase financing delays and have now received Boston ZBA approval for redevelopment—Project 1 as a 79-unit apartment building with commercial space, and Project 2 as 47 condominiums. However, Project 1's loan had matured, and foreclosure was stayed by the bankruptcy filing; Project 2 loans are in default, and previous refinancing commitments are uncertain. Only Project 1 currently generates rental income, which is subject to the lien held by Terrace Street Note Holder LLC, and projected cash flow is largely sufficient to cover necessary operational expenses. The Debtor seeks approval for cash collateral use without prejudice to future requests for additional funds as income from Project 2 becomes available. To provide adequate protection for secured creditors, the Debtor proposes granting post-petition replacement liens on estate property equivalent to the amount of cash collateral used, maintaining the same priority, validity, and enforceability as pre-petition liens, in accordance with 11 U.S.C. sections 361 and 363. Payment of post-petition real estate taxes is included to prevent diminution of collateral value, and the Debtor believes the proposed adequate protection is fair, reasonable, and sufficient to satisfy statutory requirements. A court hearing is set for December 15. About Bellerose Terrace LLC Bellerose Terrace LLC is a Massachusetts LLC formed in 2018, owns multiple real property parcels in Suffolk County, Massachusetts. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 25-12499) on November 18, 2025. In the petition signed by Matthew O'Hara, manager, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Christopher J. Panos oversees the case. Michael Van Dam, Esq. at VAN DAM LAW LLP represents the Debtor as legal counsel. BETTER IS BETTER: Unsecureds Will Get 32% via Quarterly Payments ---------------------------------------------------------------- Better is Better LLC filed with the U.S. Bankruptcy Court for the Western District of Pennsylvania a Plan of Reorganization for Small Business dated December 1, 2025. The Debtor's operates a non-skilled home healthcare business in Western Pennsylvania. The Debtor grew rapidly after startup and had three locations. The Debtor has cut locations down to one but has been able to maintain the same level of hours of care. As a result, the Debtor has become profitable on a monthly, ongoing basis with the ability to fund this Plan. The Debtor expanded operations too quickly and took on merchant cash advance debt as a result. The Debtor was forced to file this case as it could not keep up with ongoing equipment and loan payments as a result. The Plan proposes to pay the Debtor's creditors from cash flow from operations. The Plan proposes to pay administrative claims in full unless otherwise agreed. The Debtor estimates approximately 32% dividend will be paid on account of general unsecured claims pursuant to the Plan. Class 4 consists of General Unsecured Claims. Undisputed, known Class 4 General unsecured Claims total $644,692.66. The Debtor shall make distribution of $10,500.00 per quarter that shall be divided and paid pro-rata to all allowed Class 2 claims. Payments shall begin on or before the last day of the third month following the effective date of the Plan. Subsequent payments shall be made by the Debtor on a quarterly basis on or before the last day of the month every third month thereafter for a total of 20 quarterly payments. Total payment to Class 2 creditors shall be $210,000.00, which will pay all allowed and currently known General Unsecured Creditors approximately 32% of their allowed claims. Disputed Class 2 claims will not receive any distributions pursuant to the Plan. Any Class 2 creditor who has an outstanding UCC filing against the Debtor, shall have 30 days after the Effective Date to satisfy, remove, and/or extinguish any liens against the assets of the Debtor supported by a UCC filing. The creditor shall file said satisfaction/termination with the appropriate state office. The Plan will be funded through the ongoing revenue of the Debtor’s home health care business. A full-text copy of the Plan of Reorganization dated December 1, 2025 is available at https://urlcurt.com/u?l=POEkPy from PacerMonitor.com at no charge. Better is Better, LLC is represented by: Christopher M. Frye, Esq. Steidl & Steinberg, P.C. Koppers Building, Suite 322 436 Seventh Avenue Pittsburgh, PA 15219 Telephone: (412) 391-8000 Email: chris.frye@steidl-steinberg.com About Better is Better, LLC Better is Better, LLC owns and operates a home health care business providing non-skilled care services in Western Pennsylvania. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Pa. Case No. 25-22163) on August 19, 2025. In the petition signed by Joel Phifer, member, the Debtor disclosed up to $100,000 in assets and up to $1 million in liabilities. Christopher M. Frye, Esq., at Steidl & Steinberg, P.C., is the Debtor's legal counsel. BMH 95 RE CARUTHERSVILLE: Seeks Chapter 11 Bankruptcy in Texas -------------------------------------------------------------- On December 1, 2025, BMH 95 RE Caruthersville LLC sought Chapter 11 protection in the Northern District of Texas. According to court filings, the Debtor reports between $10MM and $50MM in debt owed to 1–49 creditors. About BMH 95 RE Caruthersville LLC BMH 95 RE Caruthersville LLC is a limited liability company. BMH 95 RE Caruthersville LLC filed for relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex., Case No. 25-34790) on December 1, 2025. In its petition, the Debtor reports estimated assets between $100,001 and $1,000,000 and estimated liabilities between $10MM and $50MM. Honorable Chief Bankruptcy Judge Stacey G. Jernigan handles the case. The Debtor is represented by John J. Kane, Esq. of Kane Russell Coleman Logan PC. BMH 96 RE MARION: Seeks Chapter 11 Bankruptcy in Texas ------------------------------------------------------ On December 1, 2025, BMH 96 RE Marion LLC filed for Chapter 11 protection in the Northern District of Texas. According to court filings, the Debtor reports between $10 million and $50 million in debt owed to 1–49 creditors. About BMH 96 RE Marion LLC BMH 96 RE Marion LLC is a single asset real estate company. BMH 96 RE Marion LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 25-34791) on December 1, 2025. In its petition, the Debtor reports estimated assets between $100,001 and $1 million and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Scott W. Everett handles the case. BODYWORX PHYSICAL: Gets Interim OK to Use Cash Collateral --------------------------------------------------------- Bodyworx Physical Therapy, PLLC received interim approval from the U.S. Bankruptcy Court for the Western District of Oklahoma to use cash collateral to fund operations. The court authorized the Debtor to use cash collateral through the final hearing to pay the expenses set forth in its budget, subject to a 10% variance. As adequate protection, the Internal Revenue Service will be granted a valid, perfected first priority lien on the Debtor's post-petition assets including inventory, accounts, equipment, and all other property and proceeds. In case IRS' pre-bankruptcy collateral decreases in value and is not adequately protected, the agency will be granted a superpriority claim that ranks above all administrative and unsecured claims, subject only to the court-approved carveout for professional fees and Subchapter V trustee fees. The Debtor must also maintain full insurance on all IRS-encumbered property. If the Debtor fails to insure collateral, pay taxes, or comply with any material terms, the IRS may issue a notice of default, giving the Debtor 30 days to cure. If the default is not cured, the IRS may seek relief from the automatic stay and terminate the use of cash collateral. The final hearing is set for January 8, 2026. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/XTCQy from PacerMonitor.com. Bodyworx's Chapter 11 petition was filed on November 18, due to its inability to service debts, particularly caused by delayed payments resulting from a recent government shutdown. As a debtor-in-possession, Bodyworx continues to operate its business and manage its affairs, but as of the petition date, it lacks sufficient unencumbered cash to fund ongoing operations, pay employees, and meet other necessary expenses. The Debtor has identified multiple creditors claiming liens on cash collateral, including the U.S. Small Business Administration, Internal Revenue Service, First Security Bank & Trust Company, and various merchant cash advance providers, with the Debtor disputing certain MCA claims as either invalid or subordinate to senior liens. About Bodyworx Physical Therapy PLLC Bodyworx Physical Therapy, PLLC provides outpatient rehabilitation services in Oklahoma City, offering orthopedic physical therapy, manual therapy, dry needling, therapeutic massage, aquatic therapy and related treatments through a staffed clinic equipped with cardio and strength machines, unweighting treadmills and traction systems. The practice serves patients recovering from injuries or managing chronic conditions and operates a transitional gym that supports continued strength and mobility training. It works with a range of insurance plans and delivers care to both individual patients and sports groups within its local service area. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Okla. Case No. 25-13588) on November 18, 2025. In the petition signed by Corey Smith, owner/member, the Debtor disclosed $454,353 in total assets and $3,223,003 in total liabilities. Amanda R. Blackwood, Esq., at Blackwood Law Firm, PLLC, represents the Debtor as bankruptcy counsel. BODYWORX PHYSICAL: Hires Hammond Law Firm as Bankruptcy Counsel --------------------------------------------------------------- Bodyworx Physical Therapy, PLLC seeks approval from the U.S. Bankruptcy Court for the Western District of Oklahoma to hire Hammond Law Firm as counsel to handle its Chapter 11 case. The firm will be paid at these rates: Attorneys $500 per hour Legal Assistants/Law Clerks $100 per hour In addition, the firm will seek reimbursement for expenses incurred. Gary Hammond, Esq., an attorney at Hammond Law Firm, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Gary D. Hammond, Esq. Hammond Law Firm 512 NW 12th Street Oklahoma City, OK 73103 Telephone: (405) 232-6358 Facsimile: (405) 232-6358 Email: gary@okatty.com About Bodyworx Physical Therapy PLLC Bodyworx Physical Therapy, PLLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. W.D. Okla. Case No. 25-13588) on November 18, 2025, listing between $100,001 and $500,000 in assets and between $1 million and $10 million in liabilities. Amanda R. Blackwood, Esq., at Blackwood Law Firm, PLLC represents the Debtor as bankruptcy counsel. BRIGHTSTAR LOTTERY: S&P Rates New $500MM Sr. Secured Notes 'BB+' ---------------------------------------------------------------- S&P Global Ratings assigned its 'BB+' issue-level rating and '3' recovery rating to Brightstar Lottery PLC's (Brightstar's) proposed $500 million senior secured notes due 2033. The '3' recovery rating indicates its expectation for meaningful (50%-70%; rounded estimate: 60%) recovery in the event of a payment default. The parent (Brightstar Lottery PLC) and subsidiary Brightstar Global Solutions Corp. will be co-issuers of the proposed notes. The company intends to use the proceeds from these notes and some balance-sheet cash to partially repay its existing $750 million 6.25% senior secured notes due 2027 and pay fees and expenses. The proposed issuance is largely debt-for-debt and thus leverage-neutral. Therefore, it doesn't affect the 'BB+' issuer credit rating, though it will modestly improve Brightstar's maturity profile. All S&P's other ratings on the company are unchanged. Issue Ratings--Recovery Analysis Key analytical factors -- Brightstar's capital structure comprises $650 million and EUR800 million in total revolving commitments, a EUR1.5 billion term loan (EUR300 million outstanding), Brightstar Lottery Holdings S.p.A's EUR1.0 billion term loan, several secured notes tranches issued by Brightstar, and the EUR500 million Brightstar Lottery Holdings B.V. secured notes. All of its debt issues have the same guarantors. -- S&P assumes the EUR1.5 billion term loan is fully repaid at maturity in 2027 through scheduled amortization payments and is therefore not included in our hypothetical default scenario. -- Brightstar's debt is all secured by ownership interest in certain of its subsidiaries, certain intercompany loans over $10 million, and certain accounts receivable on a pari passu basis. -- Because the guarantors and the collateral are the same, S&P therefore assumes the recovery prospects for all of the debt in the company's capital structure are aligned. Simulated default assumptions -- S&P's simulated default scenario contemplates a default in 2030 because of the loss of one or more major lottery contracts or a severe and sustained economic decline that leads to a substantial drop in lottery wagers. -- S&P assumes the total revolving credit facility commitment is 85% drawn at default. Simplified waterfall -- Emergence EBITDA: $508 million -- EBITDA multiple: 6.5x -- Gross recovery value: $3.3 billion -- Net recovery (after 5% administrative expenses): $3.1 billion -- Value available for secured debt: $3.1 billion Secured debt: $4.9 billion -- Recovery expectation: 50%-70% (rounded estimate: 60%) Note: All debt amounts include six months of prepetition interest. BUCCANEER INTERMEDIATE: S&P Withdraws 'B-' Issuer Credit Rating --------------------------------------------------------------- S&P Global Ratings withdrew its 'B-' issuer credit rating on Buccaneer Intermediate Holdco Ltd. (dba Signant) at the issuer's request. The withdrawal follows the company's private refinancing of its outstanding first-lien debt. At the same time, S&P discontinued its 'B-' issue-level rating and '3' recovery rating on Buccaneer's first-lien debt. At the time of withdrawal, our outlook on the company was stable. BUDDY MAC: Seeks Chapter 11 Bankruptcy in Texas ----------------------------------------------- On December 1, 2025, Buddy Mac One LLC filed for Chapter 11 protection in the Northern District of Texas. According to the court filing, the Debtor reports between $10 million and $50 million in debt owed to 1–49 creditors. About Buddy Mac One LLC Buddy Mac One LLC is a U.S.-based company engaged in real estate ownership and property management. The company focuses on acquiring, developing, and managing commercial and residential properties, working to maintain long-term asset value and stable rental income streams. Buddy Mac One LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 25-34788) on December 1, 2025. In its petition, the Debtor reports estimated assets between $100,001 and $1,000,000 and estimated liabilities between $10 million and $50 million. Honorable Judge Michelle V. Larson handles the case. The Debtor is represented by John J. Kane, Esq. of Kane Russell Coleman Logan PC. BURGERFI INTL: Buyer Wants Appeal from Ch. 11 Refund Ruling Stayed ------------------------------------------------------------------ Vince Sullivan of Law360 Bankruptcy Authority reports that a secured lender of BurgerFi International, which acquired assets from the company during its Chapter 11 proceedings, has requested a Delaware bankruptcy court to stay a recent order. The order allocated $885,000 in insurance premium refunds to the debtor's liquidating trust. The lender is seeking the stay to preserve its ability to appeal the decision. The motion emphasizes that allowing the funds to transfer to the liquidating trust before the appeal could irreversibly harm the lender’s financial interests. The court will review the request and decide whether to pause enforcement of the order while the appeal process is underway, the report states. About BurgerFi Int'l BurgerFi International, Inc. (NASDAQ:BFI) is a multi-brand restaurant company that develops, markets, and acquires fast casual and premium-casual dining restaurant concepts around the world, including corporate-owned stores and franchises. BurgerFi International, Inc. is the owner and franchisor of two brands with a combined 144 locations: (i) Anthony's, a premium pizza and wing brand with 51 restaurants (50 corporate-owned casual restaurant locations and one dual brand franchise location), as of Sept. 10, 2024, and (ii) BurgerFi, among the nation's fast-casual better burger concepts with 93 BurgerFi restaurants (76 franchised and 17 corporate-owned) as of Sept. 10, 2024. BurgerFi International, Inc., and 114 affiliated debtors filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code on Sept. 11, 2024 (Bankr. D. Del. Lead Case No. 24-12017). The Honorable Judge Craig T. Goldblatt presided over the cases. Raines Feldman Littrell LLP served as the Debtors' counsel. Force Ten Partners' Jeremy Rosenthal served as the Company's Chief Restructuring Officer. Sitrick and Company served as strategic communications advisor to the Company. Stretto served as the claims agent. * * * TREW, the DIP Lender, was declared the successful bidder for the BurgerFi business and the Anthony's Coal Fired Pizza business. TREW acquired the BurgerFi assets for a credit bid of $10 million and the Anthony's Coal Fired Pizza business for a credit bid of $44 million. Both sales were approved by the Court and closed in November 2024. The Court confirmed a plan in March 2025. The Plan established a liquidating trust. C.C. GRABER: Case Summary & 20 Largest Unsecured Creditors ---------------------------------------------------------- Debtor: C.C. Graber Company, Inc. Graber Olive House 315 E. 4th Street Ontario CA 91764 Business Description: C.C. Graber Company, Inc. produces specialty food products centered on olives and related items, drawing on its long-established operations in Ontario, California, where the Graber family has manufactured fully tree- ripened olives since the late 19th century. The Company offers a curated line of specialty olives, estate-pressed extra virgin olive oil, aged balsamic vinegars, tapenades, and branded apparel that reflects its heritage. It operates as a multigenerational family business focused on maintaining its historical site and continuing its tradition of olive curing and specialty food production. Chapter 11 Petition Date: December 2, 2025 Court: United States Bankruptcy Court Central District of California Case No.: 25-18678 Debtor's Counsel: Rebekah Parker, Esq. 4225-H Oceanside Boulevard #369 Oceanside CA 92056-3472 Tel: 213-268-2918 Email: AttorneyRParker@Gmail.com Total Assets: $3,160,472 Total Liabilities: $2,884,358 The petition was signed by Kely Graber as authorized agent. A full-text copy of the petition, which includes a list of the Debtor's 20 largest unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/SS7J5VI/CC_Graber_Company_Inc__cacbke-25-18678__0001.0.pdf?mcid=tGE4TAMA CAPSTONE BORROWER: S&P Affirms 'B-' ICR, Outlook Stable ------------------------------------------------------- S&P Global Ratings affirmed all its ratings on Capstone Borrower Inc. (dba Cvent, including its 'B-' issuer credit rating and issue-level ratings. The stable outlook reflects S&P's expectation for further profit improvements as Cvent delivers cost savings and inorganic growth, resulting in a return to positive free operating cash flow (FOCF) by 2026. Cvent, an event and hospitality software provider, plans to raise $250 million in incremental term loan debt to fund the acquisition of webinar software firm Galaxy. While leverage remains high, Cvent's operating performance exceeded S&P's expectations as it successfully executed on cost savings related to prior acquisitions. EBITDA outperformance creates a modest credit metric cushion. S&P said, "While we previously thought Cvent had limited capacity for additional debt-funded acquisitions, we anticipate it will continue driving earnings growth through leveraging its wider offerings and prudent expense management. S&P Global Ratings-adjusted EBITDA margins are their highest for the rolling 12 months ended Sept. 30, 2025, at about 21% compared with about 12% a year ago. We believe ongoing strong client adoption of Cvent's comprehensive event management platform and cost optimization efforts solidly increased top line revenues and profitability that exceeded our forecast." S&P said, "While cost cuts meaningfully contribute to performance, we continue to assess Cvent's ability to reinvest in its offerings to maintain its value proposition as a software provider. Research and development expenses are falling, accounting for about 20% of revenues for the recent fiscal quarter ended Sept. 30 compared with about mid-20% previously. We attribute this to recent acquisitions geared toward capabilities that reduce initial development expenses." Cvent's success is contingent upon its ability to modernize its product capabilities and provide a full suite of offerings, including in areas such as artificial intelligence (AI). Galaxy generates modest revenues and negligible profits. The acquisition, Cvent's largest to date, would bring video capabilities unified into one platform, with AI-automated workflow and content creation. This could also create a stickier customer base as Cvent already benefits from high recurring revenue streams through multiyear contracts. S&P bases this on management's execution of prior acquisitions, consistently improving consolidated revenues and profitability. Cvent has meaningfully broadened its customer value proposition through five sizable acquisitions completed since early 2024. This acquisitive strategy has expanded its offerings to include appointment management and 3D venue diagramming. Although S&P's base case does not anticipate additional acquisitions in the near-term, it expects the company may explore opportunistic deals for expanding capabilities in high demand areas such as AI. Rating upside remains constrained by elevated debt levels. S&P said, "We recognize the company's improving profitability and cash flow. However, with the proposed debt issuance, total debt would increase about $625 million in 2025, with proceeds from the debt issued throughout the year used to redeem a portion of its preferred stock and fund acquisitions. By fiscal year-end, we anticipate S&P Global Ratings-adjusted leverage of about 15x, down from slightly over 22x for the comparable period, driven primarily by earnings growth. Our calculation of credit metrics includes remaining preferred equity, which we treat as debt." FOCF to debt has also weakened modestly to a deficit because of large one-time, acquisition-related costs and payments related to restricted stock units. Still, Cvent funded shortfalls with balance sheet cash, most of which came from its previous debt raise. As one-time costs roll off and outflows for restricted stock units wind down, S&P expects the business to resume generating positive cash flows in the range of $20 million-$30 million in 2026, improving financial risk. Risks relating to soft macroeconomic conditions remain. Despite the uncertain economic environment, Cvent performed well year-to-date, with double-digit percent revenue expansion in the third quarter of 2025. As challenges persist, we believe some performance volatility is possible as clients, particularly small to midsize companies, cut back on event spending. However, we expect Cvent's dual platform for on-site and in-person events provides flexibility and is a mitigating factor. The stable outlook reflects our expectation of FOCF improvement in 2026 and better profitability, driven by good growth in multiyear bookings and ongoing expense initiatives. S&P could revise the outlook to negative or lower the rating on Cvent if it believes the capital structure has become unsustainable. This could result from: -- An aggressive financial policy of debt-funded dividends, weakening interest coverage and cash flow deficits; -- Operational missteps delaying realization of targeted margin improvements; or -- A material deterioration in top-line performance and competitive advantage. S&P said, "Although unlikely over the next 12 months because of elevated leverage, we could raise our rating on Cvent if EBITDA significantly expands and free cash flow increases, such that we believe it can maintain FOCF to debt approaching 5% and substantially reduce leverage." This could result from: -- Successful execution of its cost-saving program; and -- Double-digit percent expansion of the business beyond forecasts. CITY OF CHESTER: Receiver Urges Court to Restructure Water Board ---------------------------------------------------------------- Matthew Santoni of Law360 Bankruptcy Authority reports that the state-appointed receiver for Chester, Pennsylvania, urged the Commonwealth Court on Monday, December 1, 2025, to dissolve and overhaul the board of the city's water authority, arguing that the current structure violates the state constitution. According to the filing, a statute granting neighboring counties the power to appoint board members was crafted specifically for this authority and cannot stand. The receiver contends that the law's tailored design unlawfully interferes with Chester's local governance and has contributed to longstanding management and financial issues at the water authority. He asked the court to restructure the board to ensure compliance with constitutional requirements and restore proper oversight. About City of Chester City of Chester is the oldest city of Pennsylvania. City of Chester sought relief under Chapter 9 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No. 22-13032) on November 11, 2022. In its petition, the Debtor reports estimated assets between $10 million and $50 million and estimated liabilities between $100 million and $500 million. Honorable Bankruptcy Judge Ashely M. Chan handles the case. The Debtor is represented by Tobey M. Daluz, Esq., Margaret A. Vesper, Esq., Matthew G. Summers, Esq., Laurel D. Roglen, Esq., and Chantelle D. McClamb, Esq. of BALLARD SPAHR LLP. CLAYTON ISTHMUS: Case Summary & Five Unsecured Creditors -------------------------------------------------------- Debtor: Clayton Isthmus, LLC 4151 North Sheridan Road Apt. 1N Chicago, IL 60613 Chapter 11 Petition Date: December 2, 2025 Court: United States Bankruptcy Court Northern District of Illinois Case No.: 25-18502 Judge: Hon. Jacqueline P Cox Debtor's Counsel: Joel Schechter, Esq. LAW OFFICES OF JOEL A. SCHECHTER 53 West Jackson Blvd, Suite 860 Suite 1522 Chicago, IL 60604 Tel: (312) 332-0267 Email: joelschechter1953@gmail.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Matthew Cohen as member/manager. A full-text copy of the petition, which includes a list of the Debtor's five unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/OD65WGA/Clayton_Isthmus_LLC__ilnbke-25-18502__0001.0.pdf?mcid=tGE4TAMA CONKLIN MEDIA: Seeks to Tap CGA Law Firm as Bankruptcy Counsel -------------------------------------------------------------- Conklin Media, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of Pennsylvania to employ CGA Law Firm, PC as counsel. The firm's services include: (a) advise the Debtor of its rights, powers and duties in continuing to operate and manage its assets; (b) advise the Debtor concerning, and assist in the negotiation and documentation of the use of cash collateral and/or debtor-in-possession financing, debt restructuring and related transactions; (c) review the nature and validity of agreements relating to the Debtor's business and advise in connection therewith; (d) review the nature and validity of liens, if any, asserted against the Debtor and advise as to the enforceability of such liens; (e) advise the Debtor concerning the actions it might take to collect and recover property for the benefit of the Bankruptcy Estate; (f) prepare on the Debtor's behalf all necessary and appropriate legal documents, and review all financial and other reports to be filed in within the case; (g) advise the Debtor concerning, and prepare responses to, legal papers which may be filed in within the case; (h) advise the Debtor in connection with formulation, negotiation and promulgation of a plan of reorganization and related documents; and (i) perform all other legal services for and on behalf of the Debtor, which may be necessary or appropriate in the administration of the case. The hourly rates of the firm's counsel and staff are: Lawrence V. Young, Attorney $500 Craig S. Sharnetzka, Attorney $450 Brent C. Diefenderfer, Attorney $435 E. Haley Rohrbaugh, Attorney $295 James K. Jones, Attorney $395 Paralegals $175 Legal Assistant $140 In addition, the firm will seek reimbursement for expenses incurred. On November 7, 2025, CGA received a retainer of $5,000 from the Debtor. Lawrence Young, Esq., an attorney at CGA Law Firm, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Lawrence V. Young, Esq. CGA Law Firm, PC 135 N. George St. York, PA 17401 Telephone (717) 848-4900 About Conklin Media LLC Conklin Media, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No. 25-14673) on November 17, 2025. In its petition, the Debtor disclosed under $1 million in both assets and liabilities. Honorable Bankruptcy Judge Patricia M. Mayer handles the case. The Debtor is represented by Lawrence V. Young, Esq., at CGA Law Firm, PC. COSMETIC SURGERY: Case Summary & Three Unsecured Creditors ---------------------------------------------------------- Debtor: Cosmetic Surgery Associates, LLC 2620 E. 7th Street Suite 300 Charlotte, NC 28204 Business Description: Cosmetic Surgery Associates, LLC, a single- asset real estate debtor, holds fee simple ownership of the property at 2620 E. 7th Street, Suite 300, Charlotte, North Carolina, valued at approximately $2.3 million, and operates a cosmetic surgery practice at the same location. Chapter 11 Petition Date: December 2, 2025 Court: United States Bankruptcy Court Western District of North Carolina Case No.: 25-31298 Judge: Hon. Laura T Beyer Debtor's Counsel: Richard S. Wright, Esq. MOON WRIGHT & HOUSTON, PLLC 212 N. McDowell Street Suite 200 Charlotte, NC 28204 Tel: 704-944-6560 Fax: 704-944-0380 Email: rwright@mwhattorneys.com Total Assets: $2,384,273 Total Liabilities: $1,192,681 The petition was signed by Vincent E. Voci as member-manager. A full-text copy of the petition, which includes a list of the Debtor's three unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/5VVKMOY/Cosmetic_Surgery_Associates_LLC__ncwbke-25-31298__0001.0.pdf?mcid=tGE4TAMA COUNTRY GARDEN: US Judge Recognizes HK Restructuring Plan --------------------------------------------------------- James Nani of Bloomberg Law reports that a U.S. bankruptcy court has recognized Chinese developer Country Garden Holdings Co.'s Hong Kong restructuring plan, a move that will eliminate at least $10 billion in debt and advance its cross-border reorganization. The approval marks a significant milestone as the company works to stabilize its operations amid mounting financial strain. Judge Philip Bentley of the Southern District of New York ruled that Country Garden's center of main interests is in Hong Kong, satisfying a key requirement for recognition under Chapter 15. The developer is navigating one of China’s most complex real estate restructuring efforts as the broader sector continues to face deepening financial turmoil, the report states. About Country Garden Holdings Company Limited Country Garden Holdings Company Limited is a holding company that has issued, borrowed, or guaranteed secured and unsecured debt as part of a restructuring scheme. It serves as the ultimate parent of the Country Garden Group, a major property developer in Hong Kong and mainland China engaged in property development, construction, interior decoration, and property investment. The group also develops, operates, and manages hotels across its markets. Country Garden Holdings sought relief under Chapter 15 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-12175) on October 1, 2025. Honorable Bankruptcy Judge Philip Bentley handles the case. The Debtor is represented by Christopher J. Hunker, Esq., of Linklaters LLP. COURTESY SECURITY: Hires Robert Goldstein as Bankruptcy Counsel --------------------------------------------------------------- Courtesy Security, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of California to hire the Law Offices of Robert Goldstein to handle the bankruptcy proceedings. The firm will be paid at these hourly rates: Robert Goldstein, Attorney $600 Eduardo Gonzalez, Associate Attorney $500 Paraprofessional Keith Bryson $200 The firm received a pre-petition retainer in the amount $20,000. Eduardo Gonzalez, Esq., an associate attorney of the Law Offices of Robert Goldstein, assured the court that he and the firm are a "disinterested persons" within the meaning of 11 U.S.C. section 101(14). The firm can be reached through: Eduardo Gonzalez, Esq. Law Offices of Robert Goldstein 100 Bush St Ste 501 San Francisco, CA 94104-3908 Telephone: (415) 391-8700 Facsimile: (415) 391-8701 About Courtesy Security Inc. Courtesy Security, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. E.D. Calif. Case No. 25-25444) on October 2, 2025, listing between $1 million and $10 million in assets and between $50,001 and $100,000 in liabilities. Judge Christopher D. Jaime presides over the case. Robert L. Goldstein, Esq., represents the Debtor as legal counsel. CRS SERVICES: Seeks to Hire Larson & Zirzow as Bankruptcy Counsel ----------------------------------------------------------------- CRS Services, Limited seeks approval from the U.S. Bankruptcy Court for the District of Nevada to employ Larson & Zirzow, LLC as counsel. The firm will provide these services: (a) prepare on behalf of the Debtor, all necessary or appropriate legal papers in connection with the administration of its bankruptcy estate; (b) take all necessary or appropriate actions in connection with a plan of reorganization and all related documents, and such further actions as may be required in connection with the administration of the Debtor's estate; (c) take all necessary actions to protect and preserve the Debtor's estate; and (d) perform all other necessary legal services in connection with the prosecution of the Chapter 11 case. The firm will be paid at these hourly rates: Matthew Zirzow, Principal $650 Benjamin Chambliss, Associate $550 Patricia Huelsman, Paralegal $295 In addition, the firm will seek reimbursement for expenses incurred. On October 28, 2025, the firm received a pre-petition retainer in the amount of $30,000 from the Debtor. Mr. Zirzow disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Matthew Zirzow, Esq. Larson & Zirzow, LLC 850 E. Bonneville Ave. Las Vegas, NV 89101 Telephone (702) 382-1170 Facsimile (702) 382-1169 About CRS Services Limited CRS Services, Limited provides home security systems, alarm systems, UL-listed monitoring, and video surveillance services for residential and commercial clients across Nevada through its CRS Home Services division, and it also offers smart home automation systems that integrate with Brinks Home Security monitoring. It additionally provides solar panel and battery backup solutions along with water filtration systems and operates from Henderson, Nevada. CRS Services filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Nevada Case No. 25-16917) on November 17, 2025, with $100,000 to $500,000 in assets and $1 million to $10 million in liabilities. Steven D. Boyer, managing member, signed the petition. Judge August B. Landis presides over the case. Matthew C. Zirzow, Esq., at Larson & Zirzow, LLC represents the Debtor as counsel. DAV-DAN ENTERPRISES: Hires Cuenant & Pennington as General Counsel ------------------------------------------------------------------ Dav-Dan Enterprises, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Cuenant & Pennington PA as counsel. The firm will render these services: (a) advise and counsel the Debtor concerning the operation of its business in compliance with Chapter 11 and orders of this court; (b) prosecute and defend any causes of action on behalf of the Debtor; (c) prepare, on behalf of the Debtor, all necessary legal papers; (d) assist in the formulation of a plan of reorganization and preparation of a disclosure statement; and (e) provide all services of a legal nature in the field of bankruptcy law. Winston Cuenant, Esq., an attorney at Cuenant & Pennington, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Winston I. Cuenant, Esq. Cuenant & Pennington PA 101 NE 3rd Ave., Suite 1500 Fort Lauderdale, FL 33301 Telephone: (954) 766-4271 Facsimile: (954) 379-4454 Email: winston@cuenantlaw.com About Dav-Dan Enterprises LLC Dav-Dan Enterprises, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-23233) on November 7, 2025, with up to $50,000 in assets and $500,001 to $1 million in liabilities. Judge Scott M. Grossman presides over the case. Winston I. Cuenant, Esq., at Cuenant & Pennington PA represents the Debtor as counsel. DURVALL PROPERTIES: Seeks Chapter 11 Bankruptcy in Texas -------------------------------------------------------- On December 01, 2025, Durvall Properties LLC filed for Chapter 11 protection in the Southern District of Texas. According to court filings, the Debtor reports between $100,001 and $1,000,000 in debt owed to 1–49 creditors. About Durvall Properties LLC Durvall Properties LLC is a single asset real estate company. Durvall Properties LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 25-37214) on December 01, 2025. In its petition, the Debtor reports estimated assets of $100,001–$1,000,000 and estimated liabilities of the same range. Honorable Bankruptcy Judge Eduardo V. Rodriguez handles the case. The Debtor is represented by Thaison Danny Hua, Esq. of Rejas Hua & Hoang, PLLC. E&M BINDERY: Court OKs Bindery Business Sale to Bind-Rite for $567K ------------------------------------------------------------------- The U.S. Bankruptcy Court for the District of New Jersey has approved E&M Bindery Inc. to sell Assets, free and clear of liens, claims, interests, and encumbrances. The Debtor is a New Jersey corporation that maintains a principal place of business at 11 Peekay Drive, Clifton, New Jersey 07014, operating a bindery. The Debtor's sole shareholder is Gary Markovits, who manages the Debtor's daily operations. The Debtor employs approximately 70 full time salaried employees and five hourly employees. The Debtor's assets are cash on deposit in the amount of approximately $60,000, accounts receivable in the amount of approximately $1.1 million dollars, and machinery equipment having an appraised orderly liquidation value of approximately $1.4 million dollars. The Debtor owns inventory having an estimated value of $20,000; computer equipment consisting of approximately 12 desktops valued at $7,000 and a security deposit of nearly %50,000 held by Landlord. The Court has authorized the Debtor to sell Assets to Bind-Rite Services, Inc. in the purchase price of the purchase price of $567,000. The Debtor has the right to sell its interest in the Assets, since the Assets constitute property of the Debtor’s estate and title thereto is vested in the Debtor's estate within the meaning of section 541(a) of the Bankruptcy Code. The transaction being proposed by the Debtor was negotiated at arm's length and in good faith. The Court held that the Purchaser is a good faith purchaser for value pursuant to section 363(m) of the Bankruptcy Code and, as such, the sale of the Assets is entitled to all of the protections afforded thereby. The Purchaser is acting and will act in good faith within the meaning of section 363(m) of the Bankruptcy Code in closing the transaction(s) contemplated by in the Asset Purchase Agreement (APA) for Sale. The Debtor has full corporate power and, subject to entry of this Sale Order, authority to execute and deliver the APA and to perform all of her respective obligations. The APA is a valid and binding contract between the Debtor and the Purchaser and will be enforceable pursuant to its terms. The Debtor is authorized and directed to execute such necessary and appropriate documents in order to effectuate the aforesaid Sale. About E&M Bindery Inc. E&M Bindery & Finishing, Inc. provide mechanical binding, perfect binding, die cutting, embossing, folding, mailing, collating, tabbing and other post-press services from its headquarters in Clifton, New Jersey. The Company serves individuals, businesses, brokers and institutions with trade binding, finishing and related production work. Founded in 1962, it operates as one of the larger binderies on the U.S. East Coast. E&M Bindery sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. N.J. Case No.: 25-22444). In the petition signed by Gary Markovits as president, the Debtor disclosed total assets of $2,744,279 and total liabilities of $2,623,698. Judge Stacey L. Meisel presides over the case. David Edelberg at Scarinci & Hollenbeck LLC represents the Debtor as legal counsel. E&M BINDERY: Gets Interim OK to Use Cash Collateral --------------------------------------------------- E&M Bindery, Inc. received interim approval from the U.S. Bankruptcy Court for the District of New Jersey to use cash collateral to fund operations. In its interim order, the court authorized the Debtor to use up to $200,000 in cash collateral from November 26 to December 8 in accordance with its budget. An event of default occurs if, for any week in the budget, actual cash disbursements for any line item exceed 110% of the projected amount, or actual cash receipts/net revenue for any line item fall below 90% of the projected amount. Milberg Factors, Inc., a secured creditor, will be granted first priority replacement liens on and security interests in all of the Debtor's assets as protection for the Debtor's use of its cash collateral. In addition, Milberg will receive a superpriority administrative expense claim for any diminution in the value of its collateral. Other protections include payments due under the Debtor's pre-bankruptcy financing agreements with Milberg, payments to cure over-formula advances, and payments of Milberg's professional fees and expenses as required under those agreements. The interim order is available at https://is.gd/go69UK from PacerMonitor.com. The final hearing is set for December 9. E&M's major assets including accounts receivable, machinery and equipment, inventory, and general intangibles are subject to a perfected first-priority lien held by Milberg under multiple security agreements from 1998, which allow the secured creditor to collect receivables and advance 80% of eligible weekly invoices. Milberg is owed approximately $860,000, supported by UCC filings from 1998 through 2023. Additional liabilities include an IRS tax lien of about $160,000 and leased equipment obligations totaling roughly $209,000, with general unsecured debt of approximately $1.4 million. As of the petition date, the Debtor holds about $60,000 in cash, $1.1 million in accounts receivable, and equipment appraised at an orderly liquidation value of $1,395,650. A pending sale is projected to generate roughly $360,000 for payment toward Milberg's claim, excluding receivables and nearly half of the equipment. Even after crediting the sale proceeds, the Debtor believes that Milberg remains oversecured given the combined value of receivables and unsold equipment, with the latter estimated at approximately $700,000. Long-standing financial pressures caused by the digitization of books, magazines, and printed materials have reduced demand for traditional bindery services and led to widespread industry contraction. Recently, these conditions forced the Debtor to consider strategic alternatives, and it has now located a buyer for its ongoing business operations and a substantial portion of its machinery and equipment. The Debtor intends to seek court approval for this sale promptly while the remaining assets, primarily additional machinery and equipment, will be marketed by a specialized equipment dealer through private sales. About E&M Bindery Inc. E&M Bindery, Inc., a company in Clifton, N.J., sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. N.J. Case No. 25-22444) on November 21, 2025, listing between $1 million and $10 million in both assets and liabilities. Gary Markovits, president of E&M Bindery, signed the petition. Judge Stacey L. Meisel oversees the case. David Edelberg, Esq., at Scarinci Hollenbeck, represents the Debtor as legal counsel. E3 PEST: Hires Stichter Riedel Blain & Postler as Legal Counsel --------------------------------------------------------------- E3 Pest Control LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Alabama to hire Stichter, Riedel, Blain & Postler, P.A. as counsel. The firm's services include: a. rendering legal advice with respect to the Debtor's powers and duties as debtor in possession and the continued management of their property; b. preparing on behalf of the Debtor necessary motions, applications, orders, reports, pleadings, and other legal papers; c. appearing before this Court and the United States Trustee to represent and protect the interests of the Debtor; d. assisting with and participating in negotiations with creditors and other parties in interest in formulating a plan of reorganization, drafting such a plan, and taking necessary legal steps to confirm such a plan; e. representing the Debtor in all adversary proceedings, contested matters, and matters involving administration of this case; f. representing the Debtor in negotiations with potential financing sources, and preparing contracts, security instruments, and other documents necessary to obtain financing; and g. performing all other legal services that may be necessary for the proper preservation and administration of this Chapter 11 case. The firm's hourly rates are: Riedel, Harley E. Partner $650 Postler, Charles A. Partner $550 Stichter, Scott A. Partner $495 Ketchum, Elena P. Partner $475 Leslie, Stephen R. Partner $450 Fogarty, Dan R. Partner $450 Bachman, Michael Partner $450 Hart, Barbara A. Partner $425 Hale, Matt B. Partner $425 Dubose, Jodi D. Partner $425 Michael Wynn Partner $400 Nicole Jones Associate $300 Melanie Foley Paralegal $275 Jeffcoat, Susan Paralegal $250 Stichter Riedel has received the sum of $15,000 on account of prepetition services and as a retainer for postpetition services. According to court filings, Stichter, Riedel, Blain & Postler, P.A. is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code. The firm can be reached at: Jodi Daniel Dubose, Esq. STICHTER RIEDEL BLAIN & POSTLER, P.A. 430 W. 5th St, Suite 400 Panama City, FL 32401 Telephone: (850) 303-7800 E-mail: MWynn@SRBP.com About E3 Pest Control LLC E3 Pest Control LLC, based in Mobile, Alabama, provides pest management services, including termite inspections, termite bonds, general pest control, and eco-friendly treatments for residential properties. The Company specializes in services for homes with spray foam insulation, stucco, and pilings, and offers advanced crawl space inspections. E3 Pest Control LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Ala. Case No. 25-12713) on October 1, 2025. In its petition, the Debtor reports estimated assets up to $50,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Henry A. Callaway handles the case. The Debtor is represented by Jodi Daniel Dubose, Esq. of STICHTER, RIEDEL, BLAIN & POSTLER, P.A. EGV HOLDINGS: Gets OK to Hire Berger Singerman as Legal Counsel --------------------------------------------------------------- EGV Holdings, LLC received approval from the U.S. Bankruptcy Court for the Middle District of Florida to employ Berger Singerman LLP as counsel. The firm's services include: (a) advise the Debtor with respect to its powers and duties in the continued management of its business operations; (b) advise the Debtor with respect to its responsibilities in complying with the United States Trustee's Operating Guidelines and Reporting Requirements and with the rules of the Court; (c) prepare legal documents necessary for the efficient administration of this case; (d) protect the interests of the Debtor in all matters pending before the Court; and (e) represent the Debtor in negotiations with its creditors and in the preparation of a plan. The hourly rates of the firm's counsel and staff are as follows: Attorneys $450 - $925 Amy Denton Mayer, Partner $600 Of Counsel and Associate Attorneys $450 - $675 Legal Assistants and Paralegals $125 - $425 In addition, the firm will seek reimbursement for expenses incurred. Ms. Mayer disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Amy Denton Mayer, Esq. Berger Singerman, LLP 101 East Kennedy Blvd., Suite 1165 Tampa, FL 33602 Telephone: (813) 498-3400 Facsimile: (813) 527-3705 Email: amayer@bergersingerman.com About EGV Holdings LLC EGV Holdings LLC, doing business as EG Vodka, focuses on the production and distribution of premium, award-winning vodkas, including unique flavors such as Organic American Vodka and Rosemary & Lavender Vodka. The Company is known for its quality, artisanal spirits, which are available through various retailers and online platforms. EGV Holdings LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-01168) on February 26, 2025. In its petition, the Debtor reports estimated assets between $100,000 and $500,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Roberta A. Colton handles the case. Amy Denton Mayer, Esq., at Berger Singerman, LLP serves as the Debtor's counsel. EL DORADO: Trustee Gets OK to Tap GlassRatner as Asset Sale Advisor ------------------------------------------------------------------- Lisa Holder, the trustee appointed in the Chapter 11 cases of Village Oaks Senior Care, LLC and El Dorado Senior Care, LLC, received approval from the U.S. Bankruptcy Court for the Eastern District of California to employ GlassRatner Advisory & Capital Group LLC as asset sale advisor. The firm will provide asset sale services on an exclusive basis to conduct a sale process of the assets: (a) The El Dorado Properties; (b) The El Dorado Business; (c) The St. Andrews Property; and (d) The Village Oaks Business. The firm will be paid at these fees: (a) Transaction Advisory Fee, for the Going-Concern Assets Sale, of 5 percent of the gross transaction value from the sale of all or any part of the asset; (b) Minimum Transaction Advisory Fee of $200, as an administrative expense, subject to the approval of the court. In addition, the firm will seek reimbursement for expenses incurred. Seth Freeman, a financial advisor at GlassRatner, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Seth R. Freeman GlassRatner Advisory & Capital Group LLC 3445 Peachtree Road, Suite 1225 Atlanta, GA 30326 About El Dorado Senior Care El Dorado Senior Care, LLC, a company in El Dorado Hills, Calif., owns and operates community care facilities for the elderly. El Dorado filed voluntary petition for Chapter 11 protection (Bankr. E.D. Cal. Case No. 24-22208) on May 21, 2024, with $3,420,371 in assets and $3,127,562 in liabilities. Benjamin L. Foulk, owner and manager, signed the petition. Judge Fredrick E. Clement oversees the case. D. Edward Hays, Esq., at Marshack Hays Wood, LLP, serves as the Debtor's legal counsel. Lisa Holder, a practicing attorney in Bakersfield, Calif., is the Chapter 11 trustee appointed in the Debtor's case. The trustee hired Pino & Associates as general bankruptcy counsel and Ratzlaff Tamberi & Gill, LLP as accountant. ELITE PRINTING: Gets Final OK to Use Kapitus' Cash Collateral ------------------------------------------------------------- Elite Printing & Packaging Inc. received final approval from the U.S. Bankruptcy Court for the Eastern District of Missouri to use the cash collateral of Kapitus, LLC. The court's final order authorized the Debtor to use cash collateral from November 17 until the earlier of January 26, 2026; payment of Kapitus debt; or confirmation of a Chapter 11. As adequate protection, Kapitus will be granted replacement liens on the cash collateral and personal property acquired by the Debtor after the petition date, subject to the carveout. These replacement liens do not apply to causes of action. In case of any diminution in the value of its collateral, Kapitus will be granted an administrative claim, junior only to U.S. Bank, N.A.'s administrative claim and senior to that of Newtek Bank. The final order provides for a $70,000 carveout for payment of U.S. trustee fees and approved professional fees. The Debtor's authority to use cash collateral terminates upon occurrence of so-called events of default, including failure to make required payments; conversion or dismissal of its Chapter 11 case; and granting of stay relief. The final order is available at https://is.gd/intMiv from PacerMonitor.com. Kapitus is owed about $223,981.95, secured by a perfected lien on cash, receivables, and related proceeds, and guaranteed by the Debtor's principal, Michael Sloan. Kapitus, as secured creditor, is represented by: A. Thomas DeWoskin, Esq. Danna McKitrick, P.C. 7701 Forsyth Blvd., Suite 1200 St. Louis, MO 63105-3907 Phone: (314) 726-1000 Fax: (314) 725-6592 tdewoskin@dmfirm.com About Elite Printing & Packaging Inc. Elite Printing & Packaging, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (E.D. Mo. Case No. 25-41743) on May 5, 2025, listing up to $10 million in both assets and liabilities. Michael K. Sloan, president of Elite Printing & Packaging, signed the petition. Judge Kathy A. Surratt-States oversees the case. Spencer Desai, Esq., at The Desai Law Firm, represents the Debtor as bankruptcy counsel. FOUR FINANCIAL: Cash Collateral Hearing Set for Dec. 30 ------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida is set to hold a hearing on December 30 to consider another extension of The Four Financial, LLC's authority to use cash collateral. The Debtor was initially authorized to use cash collateral under the court's November 24 interim order. At the November 25 hearing, the court granted interim approval for continued use of cash collateral and scheduled a follow-up hearing for December 30. The November 24 interim order authorized the Debtor to use cash collateral to pay the amounts expressly authorized by the court, including payments to the Subchapter V trustee and payroll obligations incurred post-petition; and the expenses set forth in the budget, plus an amount not to exceed 10% for each line item. The interim order granted secured creditor, Flexport Capital, LLC, a post-petition replacement lien on cash collateral, with the same validity and priority as their pre-bankruptcy liens. The Debtor's cash collateral is comprised of cash on hand and funds to be received during normal operations, which may be encumbered by the lien held by Flexport. Before the petition date, the Debtor obtained financing from Flexport, allegedly secured by a lien on its cash and cash equivalents based on a UCC-1 financing statement filed in Florida on December 28, 2023. In addition, there may be other parties that assert their interest in the cash equivalents, which interests are inferior to Flexport. Flexport is represented by: Lauren L. Stricker, Esq. Shuker & Dorris, P.A. 121 South Orange Avenue, Suite 1120 Orlando, FL 32801 Telephone: (407) 337-2060 Facsimile: (407) 337-2050 lstricker@shukerdorris.com About The Four Financial LLC The Four Financial, LLC, a company in Davenport, Fla., filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-08387) on November 7, 2025, with $1 million to $10 million in assets and liabilities. Asach Paredes, managing member, signed the petition. Amy Denton Mayer of Stichter Riedel Blain & Postler, P.A., serves as Subchapter V trustee. Justin M. Luna, Esq., at Latham, Luna, Eden & Beaudine, LLP represents the Debtor as legal counsel. GALBREATH RESTAURANT: Hires BransonLaw PLLC as Legal Counsel ------------------------------------------------------------ Galbreath Restaurant Group LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire BransonLaw, PLLC, including Jacob D. Flentke, Esq., Flentke Legal Consulting, PLLC, Of Counsel to BransonLaw, PLLC, as its counsel. The firm will render these services: a. prosecute and defend any causes of action on behalf of the Debtor; prepare, on behalf of the Debtor, all necessary applications, motions, reports and other legal papers; b. assist in the formulation of a plan of reorganization; and c. provide all other services of a legal nature. The firm will be paid at the rates of $150 to $655 per hour. Prior to the commencement of the case Karyn McNamara paid an advance fee of $9,412 for post-petition services and expenses in connection with this case and the filing fee of $1,738. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Jeffrey Ainsworth, Esq., an attorney at BransonLaw, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Jeffrey Ainsworth, Esq. BransonLaw, PLLC 1501 E. Concord Street Orlando, FL 32803 Telephone: (407) 894-6834 Email: jeff@bransonlaw.com About Galbreath Restaurant Group LLC Galbreath Restaurant Group, LLC, operating as Goodrich Seafood & Oyster House, runs a seafood restaurant at 253 River Road in Oak Hill, Florida. The business traces its roots to 1910 when the Goodrich family began wholesale and retail seafood operations, including blue crab processing, and has evolved over successive generations to comply with modern seafood handling regulations. The company maintains small-scale local operations with a focus on restaurant service. Galbreath Restaurant Group filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-07137) on November 3, 2025, with $18,103 in assets and $1,247,579 in liabilities. Karyn McNamara, manager, signed the petition. Judge Grace E. Robson presides over the case. Jeffrey S. Ainsworth, Esq., at BransonLaw, PLLC represents the Debtor as bankruptcy counsel. GOL LINHAS: Fed. Court Overturns Ch. 11 Plan Releases on Appeal --------------------------------------------------------------- Rick Archer of Law360 Bankruptcy Authority reports that a New York federal judge overturned the confirmation of Brazilian airline Gol Linhas Aereas Inteligentes' Chapter 11 plan, finding that the bankruptcy court had improperly treated creditor silence as consent to third-party claims releases. The ruling underscores the court's view that assumptions of consent cannot be made without clear evidence from affected parties. The decision could force Gol to revisit its plan and address the concerns of creditors directly. Legal experts say the case highlights the importance of explicit creditor approval when third-party claim releases are part of a bankruptcy restructuring. About Gol Linhas GOL Linhas Aereas Inteligentes S.A. provides scheduled and non-scheduled air transportation services for passengers and cargo; and maintenance services for aircraft and components in Brazil and internationally. The company offers Smiles, a frequent flyer program to approximately 20.5 million members, allowing clients to accumulate and redeem miles. It operates a fleet of 146 Boeing 737 aircraft with 674 daily flights. The company was founded in 2000 and is headquartered in Sao Paulo, Brazil. GOL Linhas Aereas Inteligentes S.A. and its affiliates and its subsidiaries voluntarily filed for Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 24-10118) on Jan. 25, 2024. GOL Linhas estimated $1 billion to $10 billion in assets as of the bankruptcy filing. The Debtors tapped Milbank LLP as counsel, Seabury Securities LLC as restructuring advisor, financial advisor and investment banker, Alixpartners, LLP, as financial advisor, and Hughes Hubbard & Reed LLP as aviation related counsel. Kroll Restructuring Administration LLC is the Debtors' claims agent. HANSEN-MUELLER CO: Hires Epiq as Claims and Solicitation Agent -------------------------------------------------------------- Hansen-Mueller Co. seeks approval from the U.S. Bankruptcy Court for the District of Nebraska to employ Epiq Bankruptcy Solutions, LLC as notice, claims, and solicitation agent. Epiq will oversee the distribution of notices and will assist in the maintenance, processing, and docketing of proofs of claim filed in the Chapter 11 case of the Debtor. The firm received a retainer of $25,000 from the Debtor. Kathryn Tran, a consulting consultant at Epiq, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Kathryn Tran Epiq Corporate Restructuring, LLC 777 Third Avenue New York, NY 10017 About Hansen-Mueller Co. Hansen-Mueller Co. is a nationwide agribusiness company headquartered in Omaha, Nebraska, engaged in grain merchandising and processing with a diversified platform spanning the central United States, including nine grain elevators, four port terminals, and an oats processing facility producing pet food and animal feeds in Toledo, Ohio. The Company operates four complementary business units -- Oat Trading, Wheat Merchandising, Cross-Country Trading, and a Houston Joint Venture -- and maintains grain trading offices in multiple states, supported by a private railcar fleet and multi-modal transportation network for domestic and international flows. Founded in 1979, Hansen-Mueller employs approximately 120 people across its operations in the U.S. and conducts business in 44 states and 24 countries, focusing on niche crops, international trade, and vertically integrated processing. Hansen-Mueller Co. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Neb. Case No. 25-81226) on November 17, 2025. In its petition, the Debtor reported between $100 million and $500 million in assets and liabilities. Honorable Bankruptcy Judge Thomas L. Saladino handles the case. The Debtor tapped Brian J. Koenig, Esq., Donald L. Swanson, Esq., and Trevor J. Lee, Esq., at Koley Jessen PC, LLO as bankruptcy counsel; Silverman Consulting as restructuring advisor; Michael G. Compton as chief restructuring officer and financial advisor; and Ascendant Consulting Partners, LLC as investment banker. The Debtor's notice, claims and solicitation agent is Epiq Bankruptcy Solutions, LLC. HANSEN-MUELLER CO: Seeks Approval to Tap Koley Jessen as Counsel ---------------------------------------------------------------- Hansen-Mueller Co. seeks approval from the U.S. Bankruptcy Court for the District of Nebraska to employ Koley Jessen PC, LLO as counsel. The firm will render these services: (a) advise the Debtor with respect to its rights, duties, and powers in the continued operation of its business and property under the Bankruptcy Code and the Bankruptcy Rules; (b) advise and consult on the conduct of this Chapter 11 case; (c) attend meetings and negotiate with representatives of creditors and other parties in interest in this case; (d) take all necessary actions to protect and preserve the Debtor's estates; (e) prepare pleadings in connection with this case; (f) represent the Debtor in connection with potentially obtaining post-petition financing; (g) advise the Debtor in connection with any potential sale of assets; (h) appear before the Court and any appellate courts to represent the interests of the Debtor's estate; (i) take any necessary action on behalf of the Debtor to negotiate, prepare and obtain approval of a disclosure statement and confirmation of a Chapter 11 plan and all documents related thereto; and (j) perform all other necessary legal services for the Debtor as may be required or are otherwise deemed to be in its interests in connection with the prosecution of this case in accordance with its powers and duties as set forth in the Bankruptcy Code, Bankruptcy Rules, or other applicable law. The hourly rates of the firm's counsel and staff are: Shareholders $355 - $665 Associates & Staff Attorneys $255 - $355 Paralegals $200 - $295 In addition, the firm will seek reimbursement for expenses incurred. The firm received a total advance payment retainer of $100,000 from the Debtor. Brian Koenig, attorney at Koley Jessen, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Brian J. Koenig, Esq. Koley Jessen, PC, LLO 1125 S. 103rd St. Omaha, NE 68124 Telephone: (402) 390-9500 Facsimile: (402) 390-9005 Email: Brian.Koenig@koleyjessen.com About Hansen-Mueller Co. Hansen-Mueller Co. is a nationwide agribusiness company headquartered in Omaha, Nebraska, engaged in grain merchandising and processing with a diversified platform spanning the central United States, including nine grain elevators, four port terminals, and an oats processing facility producing pet food and animal feeds in Toledo, Ohio. The Company operates four complementary business units -- Oat Trading, Wheat Merchandising, Cross-Country Trading, and a Houston Joint Venture -- and maintains grain trading offices in multiple states, supported by a private railcar fleet and multi-modal transportation network for domestic and international flows. Founded in 1979, Hansen-Mueller employs approximately 120 people across its operations in the U.S. and conducts business in 44 states and 24 countries, focusing on niche crops, international trade, and vertically integrated processing. Hansen-Mueller Co. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Neb. Case No. 25-81226) on November 17, 2025. In its petition, the Debtor reported between $100 million and $500 million in assets and liabilities. Honorable Bankruptcy Judge Thomas L. Saladino handles the case. The Debtor tapped Brian J. Koenig, Esq., Donald L. Swanson, Esq., and Trevor J. Lee, Esq., at Koley Jessen PC, LLO as bankruptcy counsel; Silverman Consulting as restructuring advisor; Michael G. Compton as chief restructuring officer and financial advisor; and Ascendant Consulting Partners, LLC as investment banker. The Debtor's notice, claims and solicitation agent is Epiq Bankruptcy Solutions, LLC. HANSEN-MUELLER CO: Taps Ascendant Consulting as Investment Banker ----------------------------------------------------------------- Hansen-Mueller Co. seeks approval from the U.S. Bankruptcy Court for the District of Nebraska to employ Ascendant Consulting Partners, LLC as investment banker. The firm will provide assistance to the Debtor with respect to general investment banking services, potential sales transactions, and supporting restructuring negotiations of the Debtor, its advisors, and its creditors with respect to an overall exit strategy for this case. The firm will be paid at these fees: (a) Monthly Advisory Fee of $35,000, as well as subsequent Monthly Advisory Fee of $15,000; and (b) Transaction Success Fee of $500,000. The firm will receive a retainer capped at $100,000 from the Debtor. Mark Warren, a managing partner at Ascendant Consulting Partners, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Mark Warren Ascendant Consulting Partners, LLC 18640 NW 2nd Ave. Miami, FL 33169 Telephone (305) 521-9423 About Hansen-Mueller Co. Hansen-Mueller Co. is a nationwide agribusiness company headquartered in Omaha, Nebraska, engaged in grain merchandising and processing with a diversified platform spanning the central United States, including nine grain elevators, four port terminals, and an oats processing facility producing pet food and animal feeds in Toledo, Ohio. The Company operates four complementary business units -- Oat Trading, Wheat Merchandising, Cross-Country Trading, and a Houston Joint Venture -- and maintains grain trading offices in multiple states, supported by a private railcar fleet and multi-modal transportation network for domestic and international flows. Founded in 1979, Hansen-Mueller employs approximately 120 people across its operations in the U.S. and conducts business in 44 states and 24 countries, focusing on niche crops, international trade, and vertically integrated processing. Hansen-Mueller Co. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Neb. Case No. 25-81226) on November 17, 2025. In its petition, the Debtor reported between $100 million and $500 million in assets and liabilities. Honorable Bankruptcy Judge Thomas L. Saladino handles the case. The Debtor tapped Brian J. Koenig, Esq., Donald L. Swanson, Esq., and Trevor J. Lee, Esq., at Koley Jessen PC, LLO as bankruptcy counsel; Silverman Consulting as restructuring advisor; Michael G. Compton as chief restructuring officer and financial advisor; and Ascendant Consulting Partners, LLC as investment banker. The Debtor's notice, claims and solicitation agent is Epiq Bankruptcy Solutions, LLC. HAUSEN-MUELLER CO: Hires Silverman Consulting as Financial Advisor ------------------------------------------------------------------ Hansen-Mueller Co. seeks approval from the U.S. Bankruptcy Court for the District of Nebraska to employ Silverman Consulting Inc. as financial advisor. The firm will provide Michael Comptom as chief restructuring officer and certain additional personnel to the Debtor. The CRO and additional personnel will provide assistance to the Debtor with respect to general financial advisory services, potential sales transactions, and supporting restructuring negotiations of the Debtor, its advisors, and its creditors with respect to an overall exit strategy for this Chapter 11 case. The firm will be paid at these hourly rates: Michael Compton, CRO $625 Constadinos Tsitsis, Assistant CRO $625 Andrew Binder, Assistant CRO $320 Partners $625 Associates/Directors/Managing Director $275 - $450 In addition, the firm will seek reimbursement for expenses incurred. At the time of engagement, a retainer of $20,000 shoule be paid to Silverman. Michael Compton, a partner at Silverman Consulting, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Michael G. Compton Silverman Consulting Inc. 1 N. Wacker Dr. Chicago, IL 60606 Telephone: (847) 470-0200 Email: mcompton@silvermanconsulting.net About Hansen-Mueller Co. Hansen-Mueller Co. is a nationwide agribusiness company headquartered in Omaha, Nebraska, engaged in grain merchandising and processing with a diversified platform spanning the central United States, including nine grain elevators, four port terminals, and an oats processing facility producing pet food and animal feeds in Toledo, Ohio. The Company operates four complementary business units -- Oat Trading, Wheat Merchandising, Cross-Country Trading, and a Houston Joint Venture -- and maintains grain trading offices in multiple states, supported by a private railcar fleet and multi-modal transportation network for domestic and international flows. Founded in 1979, Hansen-Mueller employs approximately 120 people across its operations in the U.S. and conducts business in 44 states and 24 countries, focusing on niche crops, international trade, and vertically integrated processing. Hansen-Mueller Co. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Neb. Case No. 25-81226) on November 17, 2025. In its petition, the Debtor reported between $100 million and $500 million in assets and liabilities. Honorable Bankruptcy Judge Thomas L. Saladino handles the case. The Debtor tapped Brian J. Koenig, Esq., Donald L. Swanson, Esq., and Trevor J. Lee, Esq., at Koley Jessen PC, LLO as bankruptcy counsel; Silverman Consulting as restructuring advisor; Michael G. Compton as chief restructuring officer and financial advisor; and Ascendant Consulting Partners, LLC as investment banker. The Debtor's notice, claims and solicitation agent is Epiq Bankruptcy Solutions, LLC. HERC HOLDINGS: S&P Rates New $1.2BB Senior Unsecured Notes 'BB-' ---------------------------------------------------------------- S&P Global Ratings assigned its 'BB-' issue-level rating and '5' recovery rating to Herc Holdings Inc.'s proposed $1.2 billion senior unsecured notes, which it will issue in two tranches due 2031 and 2034. The '5' recovery rating indicates S&P's expectation for modest (10%-30%; rounded estimate: 10%) recovery in the event of a payment default. The company plans to use the proceeds from this issuance to repay its existing $1.2 billion senior unsecured notes due May 2027. S&P expects the notes will rank equally with Herc's existing $3.55 billion senior unsecured notes ($800 million, $1.65 billion, and $1.1 billion tranches). S&P said, "At the same time, we assigned our 'BBB-' issue-level rating and '1' recovery rating to Herc's proposed repriced $750 million first-lien term loan due 2032. The '1' recovery rating indicates our expectation for very high (90%-100%; rounded estimate: 95%) recovery in the event of a payment default. We expect the repricing, if completed as proposed, will reduce the cost of the company's secured debt by at least 25 basis points (bps) from SOFR+200 bps and provide it with interest cost savings of about $2 million annually. "All our existing ratings on Herc, including the 'BB' issuer credit rating, are unchanged. The negative outlook reflects that the company has limited to no cushion in its credit metrics following its acquisition of H&E; therefore, we may lower our rating if we forecast its S&P Global Ratings-adjusted debt to EBITDA will not improve below 4x in the 12 months following the close of the transaction." Issue Ratings--Recovery Analysis Key analytical factors -- The company operates in the competitive and cyclical equipment rental market, predominantly in the U.S. Our simulated default scenario contemplates an unexpected and drastic downturn in the construction and industrial markets that severely strains its equipment usage, rental rates, revenue, and cash flow. -- S&P said, "Although we believe the combined company would reorganize after a default, we use a discrete asset value (DAV) approach to analyze the recovery prospects for general equipment rental providers. This method provides a conservative estimate of the likely value available to creditors, though realization rates could be lower than we assume if a large quantity of equipment floods the market." -- S&P said, "Our DAV approach starts with Herc's net book values as of Sept. 30, 2025. We assume balance sheet accounts are partially diluted to reflect the assumed loss of appraised value through additional depreciation or expected contraction in working capital assets in the period leading up to the hypothetical default. We then apply realization rates to the assets, reflecting the friction of selling or the discounts potential buyers or restructurers would apply in distressed circumstances." -- S&P assumes realization rates of 75% for rental equipment, 50% for other property and nonrental equipment, 65% for inventory, and 80% for unsold accounts receivable. Simulated default assumptions -- Simulated year of default: 2030 -- Jurisdiction: U.S. -- Valuation split (obligors/nonobligors): 95%/5% -- ABL facility: 60% drawn at default Simplified waterfall -- Gross enterprise value: $3.88 billion -- Net enterprise value (after 5% administrative expenses): $3.69 billion -- Value available for first-lien debt claims: $3.69 billion -- First-lien debt claims (ABL and term loan): $3.13 billion --Recovery expectations for term loan: 90%-100% (rounded estimate: 95%) -- Value available to unsecured debt claims: $560 million -- Unsecured debt claims: $4.91 billion --Recovery expectations: 10%-30% (rounded estimate: 10%) Note: All debt amounts include six months of prepetition interest. HIGH LINER: Moody's Affirms 'B1' CFR, Outlook Stable ---------------------------------------------------- Moody's Ratings has affirmed High Liner Foods Incorporated (High Liner) B1 corporate family rating, B1-PD probability of default rating and B2 rating on the senior secured first lien term loan B due 2031. High Liner's speculative grade liquidity rating (SGL) remains unchanged at SGL-3. The outlook is stable. This follows High Liner's announcement to increase the term loan by $60 million to $300 million and extend its $200 million asset-based lending facility (ABL) maturity to December 2030 from April 2027. "The proposed $60 million add-on term loan is leverage neutral with the proceeds used to reduce the $92.4 million outstanding on the ABL, thereby increasing the ABL availability", said Moody's Ratings analyst Dion Bate. RATINGS RATIONALE High Liner's rating benefits from: (1) moderate financial leverage with debt/EBITDA projected to revert towards 3x over the next 12 to 18 months, from 3.7x as of the last twelve months to September 27, 2025, supported by full year contributions from the Mrs Paul's and Van de Kamp's acquisition and input cost recovery through price increases, (2) good market positions in the processing of seafood for both retail and food service channels in Canada and the US, (3) well-known brands with long standing customer relationships, which provides a competitive advantage in the fragmented seafood industry, and (4) attractive health benefits and long term growth prospects for seafood consumption. However, the company's rating is constrained by: (1) a weak consumer environment with consumers shifting their spending toward cheaper offerings within seafood and to other meat proteins (chicken, beef and pork), (2) its narrowly focused seafood processing operation which competes with other meat proteins, (3) exposure to a mature North American seafood market that requires ongoing investment in innovation and marketing, and (4) low operating margins that are sensitive to seafood input cost volatility. The stable rating outlook reflects our expectation that, despite the heightened geopolitical risks, High Liner's credit metrics are expected to improve with debt/EBITDA trending toward 3x over the next 12 to 18 months. High Liner has adequate liquidity (SGL-3) with about $175 million of liquidity sources to cover $7.5 million of scheduled debt maturities. Sources of liquidity include pro forma $160 million of borrowing base availability under the company's $200 million ABL facility that expires in April 2027 (to be extended to December 2030) and we estimate $15 million of free cash flow generation through 2026. High Liner typically utilizes its ABL facility to fund seasonal working capital needs. The company's term loan B facility is subject to a total leverage ratio of 6.5x which we do not expect to be breached in the next four quarters. High Liner has limited ability to generate liquidity from asset sales. The B2 rating on the company's $300 million senior secured term loan B (after $60 million add-on) is one notch below the CFR, reflecting the term loan holders' subordinate position behind the asset-based lending facility (not rated) given its preferential access to liquid assets and the lack of loss absorption cushion with no junior debt in the capital structure. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS High Liner's rating is unlikely to be upgraded given its moderate scale and product concentration in seafood. However, positive rating pressure could develop if: scale and diversification improves, it maintains strong leverage with adjusted debt/EBITDA sustainably below 3x, improves its EBITA margins to over 10% and free cash flow/debt exceeds 10% on a sustained basis. Negative rating pressure could develop if: adjusted debt/EBITDA increases above 4.5x, possibly due to material declines in operating performance or demonstrates aggressive financial policies, and if the company's liquidity deteriorates, possibly due to negative free cash flow generation for an extended period. High Liner Foods Incorporated is a leading North American processor and marketer of value-added frozen seafood (mostly fish), serving the retail (33% of 2024 lbs sales) and foodservice channels (67% of 2024 lbs sales) in Canada and the US (23% and 77% of 2024 lbs sales respectively). The principal methodology used in these ratings was Consumer Packaged Goods published in June 2022. The net effect of any adjustments applied to rating factor scores or scorecard outputs under the primary methodology(ies), if any, was not material to the ratings addressed in this announcement. HIGHLINE AFTERMARKET:S&P Affirms 'B' Rating on Senior Secured Debt ------------------------------------------------------------------ S&P Global Ratings affirmed its 'B' issue-level rating and '3' recovery rating on U.S.-based Highline Aftermarket Acquisition Parent LLC's senior secured debt following the proposed $161 million first-lien term loan add-on. The '3' recovery rating indicates its expectation for meaningful (50%-70%; rounded estimate: 50%) recovery in the event of a payment default. S&P expects that proceeds from the incremental $161 million term loan add-on, together with borrowings under the committed receivables securitization facility and cash, will fund the acquisition of a leading cleaning products brand and pay related transaction fees. The acquisition will modestly increase Highline's adjusted leverage to about 5.5x from 5.1x as of Sept. 30, 2025; the pro forma adjusted leverage estimate includes the additional debt offset by estimated EBITDA from the target. This is in line with S&P's expectations for the rating; therefore, its 'B' issuer credit rating and stable outlook on Highline are unchanged. Highline continues to perform well with revenue and adjusted EBITDA increasing 3% and 6%, respectively, in the nine-month period ending Sept. 30, 2025. The company is benefitting from increased distribution, new customer wins, productivity improvements, and relatively limited base oil price volatility. S&P expects the acquisition will be accretive to Highline's margins and complementary to its portfolio, supported by Highline's vast distribution and customer network. That said, the target's glass cleaning products operate in a mature market characterized by significant competition from branded players--including well-established market leader Windex, which is owned by S. C. Johnson & Son Inc. (A-/Stable/NR)--as well as from smaller brands and private-label offerings. Issue Ratings--Recovery Analysis Key analytical factors The pro forma debt structure consists of: -- A $175 million revolving credit facility due in November 2028; -- A $1.165 billion senior secured first-lien term loan due in February 2030, including the $161 million proposed upsize ($1.160 billion outstanding pro forma for the transaction); -- $125 million committed receivables securitization facility due in March 2027 ($105 million outstanding, not rated); and -- Multiple uncommitted, uncapped factoring facilities ($37 million outstanding as of September 2025; not rated) secured by long-dated accounts receivable generated by several Highline customers, as is typical in the automotive aftermarket industry for large retail accounts. S&P views this and the receivables securitization facility as the company's highest priority obligations. Security and guarantee package The borrower of the senior secured credit facilities is Highline Aftermarket Acquisition LLC. The facility is guaranteed by the borrower's parent, Highline Aftermarket Acquisition Parent LLC, and the borrower's wholly owned U.S. subsidiaries (including target). The senior secured credit facilities are secured by substantially all the assets of the borrower, including a perfected first-priority pledge of all capital stock of the borrower (as pledged by its parent) and each material, wholly owned, direct, restricted subsidiary of the borrower and of each guarantor. Highline is headquartered in Memphis, Tenn. In the event of an insolvency proceeding, S&P anticipates the company would file for bankruptcy protection under the auspices of the U.S. federal bankruptcy court system and not likely involve other foreign jurisdictions. S&P said, "We believe creditors would receive maximum recovery in a payment default scenario if the company reorganized instead of liquidated. This is because of Highline's established relationships with customers, the recurring need for automotive aftermarket products, and the company's national distribution network. Therefore, in evaluating the recovery prospects for debt holders, we assume the company continues as a going concern and arrive at our emergence enterprise value by applying a multiple to our assumed emergence EBITDA." Simulated default assumptions S&P's simulated default contemplates a default in 2028, reflecting higher fuel costs or a deep and protracted recession that causes a sustained drop in miles driven, higher unemployment, and a change in consumer behavior. It also reflects a loss of business, with one or more large customer accounts or escalating competition from rivals. This scenario could lead to Highline's cash flows deteriorating, triggering a payment default. Valuation Calculation of EBITDA at emergence: -- Debt service: $101.7 million (default year interest plus amortization) -- Maintenance capex: $8.4 million -- Default EBITDA proxy: $110.1 million -- Cyclicality adjustment: $5.5 million (5% of default EBITDA proxy) -- Preliminary emergence EBITDA: $115.6 million -- Operational adjustment: $40.4 million (35%) -- Emergence EBITDA: $156 million Simplified waterfall -- Gross recovery value: $936.1 million -- Net recovery value (after 5% administrative expenses): $889.3 million -- Obligor/nonobligor valuation split: 100%/0% -- Estimated priority claims: $172.7 million --Priority recovery range: Not rated -- Estimated first-lien claims: $1.33 billion -- Value available for first-lien claims: $716.6 million HIVE & HONEYCOMB: Gets OK to Hire Neeleman Law Group as Counsel --------------------------------------------------------------- Hive & Honeycomb, PLLC received approval from the U.S. Bankruptcy Court for the Western District of Washington to employ Neeleman Law Group, PC as counsel. The firm will render these services: (a) assist the Debtor in the investigation of the financial affairs of the estate; (b) provide legal advice and assistance to the Debtor with respect to matters relating to this case and creditor distribution; (c) prepare all pleadings necessary for proceedings arising under this case; and (d) perform all necessary legal services for the estate in relation to this case. The firm will be paid as follows: Principals $600 Associate $475 Paralegal $250 In addition, the firm will seek reimbursement for expenses incurred. The firm received a retainer of $10,000 from the Debtor. Jennifer Neeleman, Esq., an attorney at Neeleman Law Group disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Jennifer L. Neeleman, Esq. Neeleman Law Group, P.C. 1403 8th Street Marysville, WA 98270 Telephone: (425) 212-4800 Facsimile: (425) 212-4802 Email: jennifer@neelemanlaw.com About Hive & Honeycomb Hive & Honeycomb, PLLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case No. 25-12989) on October 23, 2025, listing under $1 million in both assets and liabilities. Judge Christopher M. Alston oversees the case. The Debtor tapped Jennifer L. Neeleman, Esq., at Neeleman Law Group, PC as counsel. HOTEL ONE: Seeks to Hire Berger Singerman as Bankruptcy Counsel --------------------------------------------------------------- Hotel One Partners Miramar Beach, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Florida to employ Berger Singerman LLP as counsel. The firm's services include: (a) give advice to the Debtor with respect to its powers and duties and the continued management of its business operations; (b) advise the Debtor with respect to its responsibilities in complying with the United States Trustee's Operating Guidelines and Reporting Requirements and with the rules of the Court; (c) prepare legal documents necessary for the efficient administration of this case; (d) protect the interests of the Debtor in all matters pending before the Court; and (e) represent the Debtor in negotiations with its creditors and in the preparation of a plan. The hourly rates of the firm's counsel and staff are as follows: Attorneys $450 - $925 Edward J. Peterson, Partner $600 Brian G. Rich, Partner $600 Of Counsel and Associate Attorneys $400 - $600 Legal Assistants and Paralegals $250 In addition, the firm will seek reimbursement for expenses incurred. Berger Singerman received a total retainer in the amount of $111,738 from the Debtor. Mr. Peterson disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Edward J. Peterson, Esq. Berger Singerman, LLP 101 E. Kennedy Boulevard, Suite 1165 Tampa, FL 33602 Telephone: (813) 498-3400 Facsimile: (813) 527-3705 Emmail: epeterson@bergersingerman.com About Hotel One Partners Miramar Beach LLC Hotel One Partners Miramar Beach, LLC is a Kentucky limited liability company and the owner of the 116-unit Staybridge Suites hotel in Miramar Beach, Florida. Hotel One Partners sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Fla. Case No. 25-31131) on November 7, 2025. In its petition, the Debtor reported between $10 million and $50 million in assets and liabilities. Honorable Bankruptcy Judge Jerry C. Oldshue Jr. handles the case. The Debtor is represented by Edward J. Peterson, III, Esq., at Berger Singerman, LLP. IMH DALLAS: Case Summary & 20 Largest Unsecured Creditors --------------------------------------------------------- Debtor: IMH Dallas Arioso, LLC 1808 Aston Ave. Carlsbad, CA 92008-7365 Business Description: IMH Dallas Arioso, LLC, doing business as Arioso Apartments & Townhomes, provides residential apartment and townhome rentals in Grand Prairie, Texas, offering one-, two-, and three-bedroom units with features such as open-concept layouts, wood-inspired flooring, and private patios or balconies. The community operates multiple on-site amenities including swimming pools, a fitness center, and outdoor barbecue and picnic areas set within landscaped grounds. It serves residents across the Grand Prairie area with convenient access to retail centers, parks, schools, and major employers. Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Southern District of California Case No.: 25-05061 Judge: Hon. J Barrett Marum Debtor's Counsel: Donald W. Reid, Esq. LAW OFFICE OF DONALD W. REID PO Box 2227 Fallbrook CA 92088 Tel: (949) 378-6805 E-mail: don@donreidlaw.com Estimated Assets: $50 million to $100 million Estimated Liabilities: $50 million to $100 million The petition was signed by Ed Monce as CEO. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/6JT2SWQ/IMH_Dallas_Arioso_LLC__casbke-25-05061__0001.0.pdf?mcid=tGE4TAMA List of Debtor's 20 Largest Unsecured Creditors: Entity Nature of Claim Claim Amount 1. Lowe's Home Centers, LLC Materials/ $75,851 1000 Lowes Blvd Supplies Mooresville, NC 28117-8520 2. Pacific Painting Inc. Painting Services $60,213 1029 Bluebonnet Dr Irving, TX 75060-4551 3. Texas Southwest Floors, Inc. Trade Services $50,502 2301 McDaniel Dr. Carrollton, TX 75006-6947 4. Redi Carpet Inc. Flooring $46,688 550 Jubilee Ln Services Lewisville, TX 75056-1201 5. Cushman Wakefield US, Inc. Trade Services $44,314 2401 Internet Blvd Ste 110 Frisco, TX 75034-5976 6. HD Supply Facilities Trade Services $34,624 Maintenance LTD 3400 Cumberland Blvd Se Atlanta, GA 30339-4435 7. City of Grand Prairie Utilities $26,584 Water Utility Po Box 534045 Grand Prairie, TX 75053-4045 8. Texmenian Contractors LLC Trade Services $26,000 923 Dove Creek Trail Southlake, TX 76092 9. Eagle Oak Landscape, LLC Trade Services $22,342 2013 Holford Rd Garland, TX 75044-5705 10. Kodiak Fire Protection, Inc. Trade Services $21,225 507 Prestige Cir Allen, TX 75002-3438 11. Red Carpet Cleaning Trade Services $19,195 Po Box 892 Colleyville, TX 76034-0892 12. Fetch Package Trade Services $18,000 1214 Dolton Dr Dallas, TX 75207-2193 13. Rez Cln Trade Services $14,339 1079 W Round Grove Rd Ste 300 Pmb 349 Lewisville, TX 75067-7927 14. Apartments LLC Trade Services $13,706 3438 Peachtree Rd Ne Ste 1500 Atlanta, GA 30326 15. RentersIQ Insurance Agency Trade Services $13,234 2201 Lakeside Blvd Richardson, TX 75082-4305 16. Fred's Plumbing (VC Premium) Trade Services $12,589 9056 FM 1641 Terrell, TX 75160-7366 17. Nationwide Compliant, LLC Trade Services $10,721 2035 Lakeside Centre Way Ste 250 Knoxville, TN 37922-6594 18. Rasa Floors LLC Trade Services $9,124 2833 Eisenhower St. Ste. 100 Carrollton, TX 75007 19. Core Distributing Trade Services $7,946 13246 Murphy Rd Stafford, TX 77477-4324 20. Poolsure Houston Trade Services $7,141 1707 Townhurst Dr Houston, TX 77043-2810 J&R VACUUM: Lisa Rynard Named Subchapter V Trustee -------------------------------------------------- The U.S. Trustee for Regions 3 and 9 appointed Lisa Rynard, Esq., at the Law Office of Lisa A. Rynard as Subchapter V trustee for J&R Vacuum, LLC. Ms. Rynard will be paid an hourly fee of $325 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Rynard declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Lisa A. Rynard, Esq. Law Office of Lisa A. Rynard 240 Broad Street Montoursville, PA 17754 Phone: (570) 505-3289 Email: larynard@larynardlaw.com About J&R Vacuum LLC J&R Vacuum, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Pa. Case No. 25-03366) on November 24, 2025, listing up to $50,000 in assets and between $100,001 and $500,000 in liabilities. Judge Henry W. Van Eck presides over the case. Lawrence V. Young, Esq., at Cga Law Firm represents the Debtor as bankruptcy counsel. J.D.S. IMPROVEMENTS: Seeks to Hire Allen Jones & Giles as Counsel ----------------------------------------------------------------- J.D.S. Improvements, LLC seeks approval from the U.S. Bankruptcy Court for the District of Arizona to employ Allen, Jones & Giles, PLC as counsel. The firm will render these services: (a) provide the Debtor with legal advice with respect to their reorganization; (b) represent the Debtor in connection with negotiations involving secured and unsecured creditors; (c) represent the Debtor at hearings set by the Court in its bankruptcy case; and (d) prepare necessary legal papers necessary to assist in the Debtor's reorganization. The firm will be paid at these hourly rates: Thomas Allen, Member $525 Michael Jones, Member $550 Philip Giles, Member $500 David Nelson, Associate $400 Ryan Deutsch, Associate $325 Zachary Phillips, Associate $300 Legal Assiatants and Law Clerks $195 - $235 Prior to the petition date, the Debtor paid the firm a retainer of $4,238. Mr. Deutsch disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Ryan Deutsch, Esq. Allen, Jones & Giles, PLC 1850 N. Central Ave. Phoenix, AZ 85004 Telephone: (602) 256-6000 Facsimile: (602) 252-4712 Email: rdeutsch@bkfirmaz.com About J.D.S. Improvements LLC J.D.S. Improvements, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Ariz. Case No. 25-11023) on November 17, 2025, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Judge Eddward P. Ballinger Jr. presides over the case. Ryan M. Deutsch, Esq., at Allen, Jones & Giles, PLC represents the Debtor as counsel. JADE HOLDINGS: Taps Van Horn Law Group as Bankruptcy Counsel ------------------------------------------------------------ Jade Holdings Group LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Van Horn Law Group, PA as counsel. The firm's services include: (a) advise the Debtor with respect to its powers and duties in the continued management of its business operations; (b) advise the Debtor with respect to its responsibilities in complying with the U.S. Trustee's Operating Guidelines and Reporting Requirements and with the rules of the court; (c) prepare legal documents necessary in the administration of the case; (d) protect the interest of the Debtor in all matters pending before the court; (e) represent the Debtor in negotiation with its creditors in the preparation of a plan. The firm's professionals will be paid at these hourly rates: Chad Van Horn, Attorney $500 Associates, Paralegals and Law Clerks $125 - $350 Prior to filing this case, the Debtor paid the firm a fee retainer in the amount of $15,000 plus $2,500 for the filing fee. Mr. Van Horn disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Chad Van Horn, Esq. Van Horn Law Group, P.A. 500 NE 4th Street, Suite 200 Fort Lauderdale, FL 33301 Telephone: (954) 765-3166 Facsimile: (954) 765-7103 About Jade Holdings Group LLC Jade Holdings Group LLC is a limited liability company. Jade Holdings Group LLCsought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-23338) on November 11, 2025. In its petition, the Debtor reports estimated assets up to $100,000 and estimated liabilities between $100,001 and $1 million. Honorable Bankruptcy Judge Peter D. Russin handles the case. The Debtor is represented by Chad T. Van Horn, Esq. JENNMAR INTERMEDIATE: S&P Assigns 'B' ICR, Outlook Stable --------------------------------------------------------- S&P Global Ratings assigned our 'B' issuer credit rating to Jennmar Intermediate III LLC (Jennmar). S&P also assigned its 'B+' issue-level rating and '2' recovery rating to the company's proposed first-lien term loan. The stable outlook reflects S&P's expectation that Jennmar will generate sufficient cash flows to fund its operations and financial obligations, with leverage of 2x-3x over the next 12 months. Jennmar is refinancing its capital structure with a proposed issuance of a $275 million asset-based lending facility and a $600 million first-lien term loan. It will use the proceeds to repay debt and fund a shareholder distribution. S&P expects Jennmar's leading market position, sticky customer relationships, and strong contractual revenues will support robust earnings and cash flows. Jennmar is refinancing its capital structure to repay debt and pay a distribution to its owners. The company is issuing a five-year $275 million asset-based lending (ABL) facility and a five-year $600 million first-lien term loan. Jennmar will use the proceeds from the transaction, including a $50 million drawdown on the ABL facility, to repay approximately $260 million of debt outstanding under its existing term loan and drawings under its current ABL facility as well as to fund a distribution to shareholders and pay associated transaction fees and expenses. S&P said, "We project S&P Global Ratings-adjusted debt of about $760 million, which includes the newly issued debt plus about $107 million of finance and operating leases. We expect leverage to rise to 2x-3x post transaction and remain in the that range over the next 12 months, compared with below 1x in 2024. We also forecast EBITDA interest coverage of 5x-6x over the next 12 months, which we consider a considerable cushion given the sharp increase in debt from the transaction." S&P's assessment of Jennmar's business risk incorporates its heavy concentration in the U.S. mining sector, most of which is coal. It also reflects its leading market position serving those U.S. mines, high levels of contractual revenues, and above-average margins amid some concentration risks. The company has a leading market position in the U.S., providing ground support and reinforcement products and services, especially within the coal mining industry, where company commands over 50% market share. Jennmar is heavily concentrated in the U.S., where it generates about 82% of its revenue, most of which comes from underground coal mines. The company also serves solar, power generation, and diversified industrials markets. Jennmar operates a network of 59 manufacturing and distribution facilities, 39 of which are in the U.S. At the same time, the company has long-tenured contractual relationships with its customers spanning an average of more than 20 years, which partly offsets some of the geographic and industry concentration risks. It generates about 84% of its sales under multi-year contracts with blue chip mining companies providing the company with good revenue visibility. Jennmar's EBITDA margin profile has improved significantly, ranging from low single digit in 2021 to the mid-teens in 2024. This was due to its renewed approach to pass-through commodity costs to its customers following the margin compression from high input prices in 2021. While the company does have exposure to steel prices, which is a major input cost, it's able to pass-through these costs to customers through embedded biannual contract repricing mechanisms. However, time lags between the repricing periods could expose company to price volatility. S&P forecasts margins in the mid to high teens range which compares favorably with those of peers and is above the average assessment of 4%-8% for metal processors/distributors. S&P said, "We consider Jennmar to be a financial sponsor-owned entity. FalconPoint Partners owns a minority equity stake in Jennmar, which we believe qualifies it to be designated a financial sponsor-owned entity. The remaining equity stake is held by the Calandra Family. Our assessment also incorporates the aggressive use of debt to maximize shareholder returns, as demonstrated by the proposed debt issuance, which is mainly to finance a distribution to shareholders. As a result, we assign a FS-6 financial policy assessment to Jennmar. This designation implies a lack of a track record of maintaining low leverage by the financial sponsor. While we expect leverage of 2x-3x over the next 12–24 months, the FS-6 designation also implies we see the possibility of leverage exceeding 5x, though we consider it unlikely that it would increase meaningfully beyond this level. "The stable outlook reflects our expectation that Jennmar will generate robust earnings and cash flows, supported by its high level of contractual sales and the need for its products to ensure continuous safe mining. We expect EBITDA margins of 16%-18%, positive free cash flows, and leverage of 2x-3x over the next 12 months. "We could lower our rating on Jennmar over the next 12 months if leverage exceeds 6x. This could happen if the company takes on more debt to fund either an acquisition or distribution to shareholders without a commensurate growth in earnings. We could also lower our rating if its earnings decline significantly from weaker markets or some operational disruption that leads to higher leverage. "We could raise our ratings on Jennmar over the next 12 months if it maintains leverage below 4x and we expect the risk of re-leveraging above 4x to be very low. This could happen if the company meaningfully paid down its debt or increased its earnings-generating capacity." JENNMAR INTERMEDIATE: S&P Assigns 'B' ICR, Outlook Stable --------------------------------------------------------- S&P Global Ratings assigned our 'B' issuer credit rating to Jennmar Intermediate III LLC (Jennmar). S&P also assigned its 'B+' issue-level rating and '2' recovery rating to the company's proposed first-lien term loan. The stable outlook reflects S&P's expectation that Jennmar will generate sufficient cash flows to fund its operations and financial obligations, with leverage of 2x-3x over the next 12 months. Jennmar is refinancing its capital structure with a proposed issuance of a $275 million asset-based lending facility and a $600 million first-lien term loan. It will use the proceeds to repay debt and fund a shareholder distribution. S&P expects Jennmar's leading market position, sticky customer relationships, and strong contractual revenues will support robust earnings and cash flows. Jennmar is refinancing its capital structure to repay debt and pay a distribution to its owners. The company is issuing a five-year $275 million asset-based lending (ABL) facility and a five-year $600 million first-lien term loan. Jennmar will use the proceeds from the transaction, including a $50 million drawdown on the ABL facility, to repay approximately $260 million of debt outstanding under its existing term loan and drawings under its current ABL facility as well as to fund a distribution to shareholders and pay associated transaction fees and expenses. S&P said, "We project S&P Global Ratings-adjusted debt of about $760 million, which includes the newly issued debt plus about $107 million of finance and operating leases. We expect leverage to rise to 2x-3x post transaction and remain in the that range over the next 12 months, compared with below 1x in 2024. We also forecast EBITDA interest coverage of 5x-6x over the next 12 months, which we consider a considerable cushion given the sharp increase in debt from the transaction." S&P's assessment of Jennmar's business risk incorporates its heavy concentration in the U.S. mining sector, most of which is coal. It also reflects its leading market position serving those U.S. mines, high levels of contractual revenues, and above-average margins amid some concentration risks. The company has a leading market position in the U.S., providing ground support and reinforcement products and services, especially within the coal mining industry, where company commands over 50% market share. Jennmar is heavily concentrated in the U.S., where it generates about 82% of its revenue, most of which comes from underground coal mines. The company also serves solar, power generation, and diversified industrials markets. Jennmar operates a network of 59 manufacturing and distribution facilities, 39 of which are in the U.S. At the same time, the company has long-tenured contractual relationships with its customers spanning an average of more than 20 years, which partly offsets some of the geographic and industry concentration risks. It generates about 84% of its sales under multi-year contracts with blue chip mining companies providing the company with good revenue visibility. Jennmar's EBITDA margin profile has improved significantly, ranging from low single digit in 2021 to the mid-teens in 2024. This was due to its renewed approach to pass-through commodity costs to its customers following the margin compression from high input prices in 2021. While the company does have exposure to steel prices, which is a major input cost, it's able to pass-through these costs to customers through embedded biannual contract repricing mechanisms. However, time lags between the repricing periods could expose company to price volatility. S&P forecasts margins in the mid to high teens range which compares favorably with those of peers and is above the average assessment of 4%-8% for metal processors/distributors. S&P said, "We consider Jennmar to be a financial sponsor-owned entity. FalconPoint Partners owns a minority equity stake in Jennmar, which we believe qualifies it to be designated a financial sponsor-owned entity. The remaining equity stake is held by the Calandra Family. Our assessment also incorporates the aggressive use of debt to maximize shareholder returns, as demonstrated by the proposed debt issuance, which is mainly to finance a distribution to shareholders. As a result, we assign a FS-6 financial policy assessment to Jennmar. This designation implies a lack of a track record of maintaining low leverage by the financial sponsor. While we expect leverage of 2x-3x over the next 12–24 months, the FS-6 designation also implies we see the possibility of leverage exceeding 5x, though we consider it unlikely that it would increase meaningfully beyond this level. "The stable outlook reflects our expectation that Jennmar will generate robust earnings and cash flows, supported by its high level of contractual sales and the need for its products to ensure continuous safe mining. We expect EBITDA margins of 16%-18%, positive free cash flows, and leverage of 2x-3x over the next 12 months. "We could lower our rating on Jennmar over the next 12 months if leverage exceeds 6x. This could happen if the company takes on more debt to fund either an acquisition or distribution to shareholders without a commensurate growth in earnings. We could also lower our rating if its earnings decline significantly from weaker markets or some operational disruption that leads to higher leverage. "We could raise our ratings on Jennmar over the next 12 months if it maintains leverage below 4x and we expect the risk of re-leveraging above 4x to be very low. This could happen if the company meaningfully paid down its debt or increased its earnings-generating capacity." JHW PLUMBING: Seeks Approval to Tap Ellett Law Offices as Counsel ----------------------------------------------------------------- JHW Plumbing LLC seeks approval from the U.S. Bankruptcy Court for the District of Arizona to employ Ellett Law Offices, PC as counsel. The firm will provide these services: (a) examine and determine the rights and title of the Debtor in and to certain property; (b) prepare all legal documents, the Debtor's Chapter 11 Subchapter V Plan of Reorganization, and Disclosure Statement; (c) investigate, examine into, and determine the validity of any and all liens appearing to be claimed during the administration of said estate; (d) investigate and determine the validity of any and all claims that may be filed against the estate; (e) prepare all accounts, reports, and other instruments required in the administration of said estate; (f) generally, assist the Debtor in all matters of legal nature arising in the administration of said estate and advise with regard thereto; and (g) assist the Debtor in the collection of all accounts receivable owed to it. Ronald Ellett, Esq., an attorney at Ellett Law Offices, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Ronald Ellett, Esq. Ellett Law Offices, PC 2999 N. 44th St. Phoenix, AZ 85018 Telephone (602) 235-9510 About JHW Plumbing LLC JHW Plumbing, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Ariz. Case No. 25-11019) on November 17, 2025, with $100,001 to $500,000 in assets and $1,000,001 to $10 million in liabilities. Ronald J. Ellett, Esq., at Ellett Law Offices, PC represents the Debtor as counsel. JRCP RESTAURANTS: Gets Interim OK to Use Cash Collateral -------------------------------------------------------- JRCP Restaurants, LLC, operating as Crust Pizza Gosling Pines, received interim approval from the U.S. Bankruptcy Court for the Southern District of Texas to use cash collateral to fund operations. The court authorized the Debtor to use cash collateral to pay the expenses set forth in its budget. A 10% weekly variance from the total budgeted amount is permitted. The Debtor's 13-week budget projects total operational expenses of $218,520.63. To protect Gulf Coast Bank from any diminution in the value of its collateral, the court granted the secured creditor replacement liens matching the type and priority of its pre-bankruptcy liens. Additionally, Gulf Coast Bank will be granted a superpriority administrative claim under Section 361(3) if other forms of adequate protection prove insufficient. The interim order notes that these protections do not constitute a finding on the validity or amount of Gulf Coast Bank's liens, preserving the Debtor's right to challenge them later. A final hearing is scheduled for January 5, 2026. JRCP was founded in 2020 and operates a franchise pizza restaurant in Houston, managed by Justin Bentley, who oversees day-to-day operations. The Debtor has secured debt with Gulf Coast Bank, which holds liens on JRCP's inventory, accounts, equipment, and other business assets. Due to declining revenue and rising vendor costs, JRCP defaulted on its loans in September, prompting the Chapter 11 filing on November 18 to stabilize and preserve the business as a going concern. Gulf Coast Bank is represented by: William H. L. Kaufman, Esq. Ottinger Hebert, L.L.C. P.O. Drawer 52606 1313 West Pinhook Road (70503) Lafayette, LA 70505-2606 Telephone: (337) 232-2606 Facsimile: (337) 232-9867 whlkaufman@ohllc.com About JRCP Restaurants, LLC JRCP Restaurants, LLC operates a franchise pizza restaurant in Houston, Texas. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 25-3693) on November 18, 2025. In the petition signed by Justin R. Bentley, managing member, the Debtor disclosed up to $100,000 in assets and up to $1 million in liabilities. Judge Eduardo V. Rodriguez oversees the case. Lloyd A. Lim, Esq., at Kean Miller LLP, represents the Debtor as legal counsel. KEEP IT GYPSY: Seeks to Hire Daniel Peterson CPA as Accountant -------------------------------------------------------------- Keep it Gypsy, Inc. seeks approval from the U.S. Bankruptcy Court for the Western District of Arkansas to employ Daniel Peterson, CPA as accountant. The accountant will prepare the Debtor's 2024 federal and state tax returns. The firm's hourly rate for tax return preparation at $330/hour plus actual expenses. Mr. Peterson disclosed in the court filings that he is a "disinterested person" within the meaning of 11 U.S.C. 101(14). The accountant can be reached at: Daniel Peterson, CPA 6275 W. Plano Parkway, Suite 500 P.O. Box 702895 Dallas, TX 75370 Tel: (214) 733-0000 About Keep it Gypsy, Inc. Keep it Gypsy Inc. is a retailer and wholesaler based in Fort Smith, Arkansas, that offers handcrafted leather goods, jewelry, and graphic tees. The Company operates retail locations and maintains a presence in wholesale markets such as the Dallas World Trade Center and Atlanta apparel trade shows. Keep it Gypsy Inc. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Ark. Case No. 25-70837) on May 15, 2025. In its petition, the Debtor reports estimated assets between $100,000 and $500,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Bianca M. Rucker handles the case. The Debtors are represented by Stanley V. Bond, Esq. at BOND LAW OFFICE. KIM ENGINEERING: Gets OK to Use Cash Collateral Until Dec. 31 ------------------------------------------------------------- Kim Engineering, Inc. received a one-month extension from the U.S. Bankruptcy Court for the District of Maryland, Greenbelt Division, to use cash collateral to fund operations. The court's interim order extended the Debtor's authority to use cash collateral from December 1 to 31, in accordance with its monthly budget (subject to a 10% variance), which projects total operational expenses of $558,771.96. As adequate protection, secured creditors, the Internal Revenue Service and the Maryland Tax Department, will receive monthly payments of $10,000 and $5,000, respectively. The IRS will also be granted a replacement lien on the Debtor's after-acquired property. Meanwhile, the Debtor was ordered to fully pay Prince George's County, Maryland, on its secured tax claims, including all accrued interest and penalties, upon confirmation of a Chapter 11 plan. Prince George's County holds a statutory first-priority lien on the Debtor's personal property. The Debtor's cash collateral consists of monthly operating income of approximately $574,361, recovered funds from a previously frozen PNC account ($145,200), post-petition receivables mistakenly deposited into an owner's personal account ($19,200.90), potential recoveries from UCC lien creditors' preference payments ($150,802), and withheld funds from Block, Inc. ($11,548). The only secured creditors identified are the IRS and the Comptroller of Maryland, with total outstanding tax liens exceeding $11 million, secured by virtually all of the Debtor's assets. However, because the total asset value is only approximately $6.2 million, these tax creditors are undersecured. Several other creditors have filed UCC-1 financing statements but due to their junior position, they are considered unsecured. About Kim Engineering Inc. Kim Engineering Inc. is a professional engineering services firm based in Laurel, Maryland. The Debtor sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No. 25-16453) on July 15, 2025. In its petition, the Debtor reports estimated assets between $1 million and $50 million and estimated liabilities between $10 million and $50 million. Judge Lori S. Simpson oversees the case. The Debtor is represented by Weon G. Kim, Esq., at Weon G. Kim Law Office. LAS VEGAS COLOR: Hires Garman Turner Gordon as Bankruptcy Counsel ----------------------------------------------------------------- Las Vegas Color Graphics Inc. seeks approval from the U.S. Bankruptcy Court for the District of Nevada to employ Garman Turner Gordon LLP as bankruptcy counsel. The firm will render these services: (a) prepare on behalf of Debtors, all necessary or appropriate legal papers in connection with the administration of their estates; (b) take all necessary or appropriate actions in connection with a plan or plans of reorganization and related disclosure statement(s) and all related documents, and such further actions as may be required in connection with the administration of Debtors' estates; (c) take all necessary actions to protect and preserve the estate of Debtors; and (d) perform all other necessary legal services in connection with the prosecution of Debtors' Chapter 11 cases. The firm will be paid at these hourly rates: Gregory Garman, Attorney $995 Teresa Pilatowicz, Attorney $530 Jamie R. Garman $500 Mary Langsner, Attorney $430 Law Clerks, Paralegals, Paraprofessionals $100 - $375 In addition, the firm will seek reimbursement for expenses incurred. The firm received $26,492.50 for pre-petition services rendered to the Debtors. GTG is currently holding a retainer in the sum of $323,507.50. Mr. Garman disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Gregory Garman, Esq. Garman Turner Gordon LLP 7251 Amigo Street, Suite 210 Las Vegas, NV 89119 Telephone: (725) 777-3000 Facsimile: (725) 777-3112 About Las Vegas Color Graphics Inc. Las Vegas Color Graphics Inc. offers a full suite of graphic communication solutions, including offset and digital printing, finishing, mailing, signage, and large-format display services. Las Vegas Color Graphics Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Nev. Case No. 25-16697) on November 5, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Natalie M. Cox handles the case. The Debtor is represented by Teresa M. Pilatowicz, Esq. of GARMAN TURNER GORDON. LASERCYCLE INC: Unsecured Creditors to Split $53,200 in Plan ------------------------------------------------------------ LaserCycle, Inc., filed with the U.S. Bankruptcy Court for the District of Kansas a Plan of Reorganization dated December 1, 2025. The business was started in 1992. The business started as a remanufacturer of printer cartridges and printer service provider to businesses. The business grew substantially but then faced competition from manufacturers. By 2016, the business evolved into a managed service provider and continues in that role. The demand for printer supplies and services diminished during the Covid epidemic. The Debtor believes that demand is now growing. The Debtor's creditor, Idea Financial, sent a UCC Notice to all customers redirecting funds of the Debtor to Idea Financial. This threatened all the Debtor’s cash flow, and the bankruptcy was filed to stop this activity. Class 5 consists of General Unsecured Claims. The payments to the unsecured creditors are to be disbursed pro rata. The Debtor reserves the right to make annual payments to certain creditors if the creditor's pro-rata share of the monthly payment is $25.00 or less. No interest is to be paid. Total payments of $53,200.00. This Class is impaired. Monthly payment of $800.00 from 3/01/2026 to 12/01/2028 Monthly payment of $1,000.00 from 01/01/29 to 02/01/2031 The Debtor's Ch. 11 Plan will be implemented from ongoing business operations, collection against third parties, collection on insurance company, and contributions from the equity interest holder of the Debtor. Subject to the Plan or the order confirming the Plan, on Confirmation of the Plan all property of the Debtor, tangible and intangible, including, without limitation, licenses, furniture, fixtures and equipment, will revert, free and clear of all Claims and Equitable Interests except as provided in the Plan, to the Debtor. The Debtor expects to have sufficient cash on hand to make the payments required on the Effective Date. A full-text copy of the Plan of Reorganization dated December 1, 2025 is available at https://urlcurt.com/u?l=3sfo1T from PacerMonitor.com at no charge. Counsel to the Debtor: Colin N. Gotham, Esq. Evans & Mullinix, PA 7225 Renner Road, Suite 200 Shawnee, KS 66217 Telephone: (913) 962-8700 Facsimile: (913) 962-8701 Email: cgotham@emlawkc.com About LaserCycle Inc. LaserCycle, Inc. provides printers, copiers, scanners, and related office equipment along with managed print services, equipment repairs, and document security solutions, serving businesses from its headquarters in Lenexa, Kansas. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Kan. Case No. 25-21113) on August 11, 2025. In the petition signed by Rick Krska, CEO, the Debtor disclosed $183,634 in assets and $2,071,203 in liabilities. Judge Robert D. Berger oversees the case. Colin Gotham, Esq., at EVANS & MULLINIX, P.A., represents the Debtor as legal counsel. M&N HOLDING: Seeks Chapter 7 Bankruptcy in Georgia -------------------------------------------------- On December 2, 2025, M&N Holding Group Inc. sought Chapter 7 protection in the Northern District of Georgia. According to court filing, the Debtor reports between $100,001 and $1,000,000 in assets and $100,001 and $1,000,000 in liabilities owed to 1-49 creditors. About M&N Holding Group Inc. M&N Holding Group Inc. is a single asset real estate company. M&N Holding Group Inc. filed for relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 25-64051) on December 2, 2025. In its petition, the Debtor reported estimated assets between $100,001 and $1,000,000 and estimated liabilities between $100,001 and $1,000,000. Honorable Bankruptcy Judge Lisa Ritchey Craig handles the case. METERED APPLIANCES: Hires Charles Wertman P.C. as Legal Counsel --------------------------------------------------------------- Metered Appliances, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York to hire the Law Offices of Charles Wertman P.C. to serve as its legal counsel. The firm will provide these services: (a) provide legal advice with respect to the Debtor's powers and duties as debtor-in-possession in accordance with the provisions of the Bankruptcy Code; (b) prepare on behalf of the Debtor all necessary schedules, applications, motions, answers, orders, reports, adversary proceedings and other legal documents required by the Bankruptcy Code and Federal Rules of Bankruptcy Procedure; (c) assist the Debtor in the development and implementation of a plan of reorganization; and (d) perform all other legal services for the Debtor that may be necessary in connection with this Chapter 11 case and the Debtor's attempts to reorganize its affairs under the Bankruptcy Code. The firm received a retainer in the amount of $22,000. The Law Offices of Charles Wertman P.C. is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code, according to court filings. The firm can be reached at: Charles Wertman, Esq. LAW OFFICES OF CHARLES WERTMAN P.C. 100 Merrick Road, Suite 304W Rockville Centre, NY 11570 Telephone: (516) 284-0900 E-mail: charles@cwertmanlaw.com About Metered Appliances Metered Appliances, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 25-73481) on September 9, 2025, listing up to $50,000 in assets and liabilities. Judge Alan S. Trust presides over the case. Charles Wertman, Esq., at the Law Offices of Charles Wertman P.C. represents the Debtor as bankruptcy counsel. MEXCOL GROUP: Case Summary & 10 Unsecured Creditors --------------------------------------------------- Debtor: Mexcol Group LLC d/b/a Casa Real 21 S. Washington St. Oxford, MI 48371 Business Description: Mexcol Group LLC, doing business as Casa Real, operates a restaurant and bar at 21 S. Washington Street in Oxford, Michigan, specializing in Mexican food such as tacos, burritos, chimichangas, and fajitas. Chapter 11 Petition Date: December 2, 2025 Court: United States Bankruptcy Court Eastern District of Michigan Case No.: 25-52229 Judge: Hon. Mark A Randon Debtor's Counsel: George E. Jacobs, Esq. BANKRUPTCY LAW OFFICES 2425 S. Linden Rd. Ste. C Flint, MI 48532 Tel: (810) 720-4333 Email: george@bklawoffice.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Jose Alberto Pimental as owner. A copy of the Debtor's list of 10 unsecured creditors is available for free on PacerMonitor at: https://www.pacermonitor.com/view/X7MWNIA/Mexcol_Group_LLC__miebke-25-52229__0003.0.pdf?mcid=tGE4TAMA A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/XUWS3MI/Mexcol_Group_LLC__miebke-25-52229__0001.0.pdf?mcid=tGE4TAMA MIRAMAR TOWNHOMES: Gets Extension to Access Cash Collateral ----------------------------------------------------------- Miramar Townhomes SWNG 2, LLC and its affiliates received ninth interim approval from the U.S. Bankruptcy Court for the Southern District of Texas to use the cash collateral of Fannie Mae. The ninth interim order authorized the Debtors to use cash collateral to pay the expenses set forth in their budget. As adequate protection, Fannie Mae will be granted replacement liens on all property of the Debtors whether acquired before or after their Chapter 11 filing. The replacement liens will have the same validity, priority and extent as the secured lender's pre-bankruptcy liens. In addition, on or before the 15th day of December and the 10th day of each month thereafter, each Debtor will remit to the secured lender a cash payment equal to the amount by which such Debtor's remaining cash balance at the end of the prior month exceeded the following: $20,000 for Miramar, $40,000 for Toro Place, LLC, and $40,000 for The Avenue SWNG TIC 1, LLC and The Avenue SWNG TIC 2, LLC. In case of any diminution in the value of its interests in the collateral, the secured lender will be granted a superpriority claim. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/w5AV5 from PacerMonitor.com. In light of the entry of an order confirming the Debtors' Chapter 11 plan of reorganization, the court did not schedule a final hearing on the use of cash collateral. Fannie Mae's cash collateral consists of accounts receivable and rents generated from three multifamily properties owned by the Debtors. The properties include The Avenue apartment complex, the Miramar Townhomes and the Toro Place apartment complex in Houston, Texas. These properties, along with the rents and accounts receivable, secure the loans, which the Debtors obtained from the secured lender. About Miramar Townhomes SWNG 2 Miramar Townhomes SWNG 2, LLC is owned by Miramar Townhomes SWNG GP, LLC and Miramar Townhomes LP SWNG, LLC. Avenue SWNG TIC, 1 and Avenue SWNG TIC, 2 are both owned by The Avenue SWNG, LLC while Toro Place, LLC is owned by Toro Place Holdings, LLC. Miramar owns the Miramar Townhomes located at 2380 Bering Drive, Houston, Texas, while Toro owns the Toro Place Apartments located at 12101 Fondren Road, Houston, Texas. The Avenue SWNG TIC companies own The Avenue Apartments located at 5050 Yale Street, Houston, Texas. On November 27, 2024, the Debtors filed Chapter 11 petitions (Bankr. S.D. Texas Lead Case No. 24-90608). At the time of the filing, each Debtor reported $10 million to $50 million in assets and liabilities. Judge Christopher M. Lopez handles the cases. The Debtors are represented by Elyse M. Farrow, Esq., and Melissa Anne Haselden, Esq., at Haselden Farrow, PLLC. Fannie Mae is represented by: Keith M. Aurzada, Esq. Michael P. Cooley, Esq. Dylan T.F. Ross, Esq. Reed Smith, LLP 2850 N. Harwood Street #1500 Dallas, TX 75201 Telephone: (469) 680-4200 Facsimile: (469) 680-4299 Email: kaurzada@reedsmith.com mpcooley@reedsmith.com dylan.ross@reedsmith.com MODEL SHIPWAYS: Carol Fox of GlassRatner Named Subchapter V Trustee ------------------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Carol Fox of GlassRatner as Subchapter V trustee for Model Shipways, Inc. Ms. Fox will be paid an hourly fee of $450 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Fox declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Carol Fox GlassRatner 200 East Broward Blvd., Suite 1010 Fort Lauderdale, FL 33301 Tel: 954.859.5075 Email: cfox@brileyfin.com About Model Shipways Inc. Model Shipways, Inc., doing business as Model Expo, designs and manufactures scale model kits covering historic ships, aircraft, artillery, and Western vehicles from its facility in Miami, Florida. It produces wood and metal kits using in-house laser-cutting and casting processes and supplies replacement parts for its product lines, including Model Shipways, Model Airways, Model Trailways, and Guns of History. Model Shipways distributes its kits to scale model builders worldwide. Model Shipways filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-23837) on November 21, 2025, listing up to $50,000 in assets and between $1 million and $10 million in liabilities. Marc Mosko, president of Model Shipways, signed the petition. Joe M. Grant, Esq., at Lorium Law represents the Debtor as bankruptcy counsel. MODERNO PORCELAIN: Gets Court OK for DIP Financing -------------------------------------------------- Moderno Porcelain Tampa, LLC received court approval to obtain financing to get through Chapter 11 bankruptcy. At the preliminary hearing, the U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division, granted the Debtor's motion to obtain bankruptcy loan to fund its working capital and administrative needs throughout the Chapter 11 process. The loan is a $250,000 in unsecured debtor-in-possession (DIP) financing from the Debtor's sole member, Moderno Porcelain Works, LLC, of which $130,000 will be available immediately, with the remaining $120,000 available upon final approval. The DIP financing will be unsecured and treated as an administrative expense under section507(b), subject only to a standard fee carveout covering Subchapter V trustee fees, clerk fees, court-approved professional fees, and certain operating expenses including rent and cure payments. Interest will accrue at the prime rate plus 3%, capped at 10%, with a default rate of an additional 5% following an event of default. The facility matures June 30, 2027, may be prepaid at any time without penalty, and requires no liens or security interests in estate assets. The Debtor and lender have agreed to the terms outlined in a detailed term sheet and will formalize the arrangement through a promissory note following entry of the interim order. To ensure transparency, the Debtor must provide monthly financial statements, budget-to-actual reporting, updated cash-flow forecasts upon material deviations, operational shortfall documentation for each funding request, and any additional financial information reasonably sought by the lender, the Subchapter V trustee, or the U.S. trustee. Events of default include nonpayment, breach of covenants, dismissal or conversion of the case, appointment of a Chapter 11 trustee, and materially inaccurate representations or draw requests. Moderno Porcelain Tampa filed for Chapter 11 on October 28 and continues to operate its Texas-based porcelain fabrication and installation business as a debtor-in-possession. Its operations include manufacturing and installing large-format porcelain and sintered-stone slabs for high-end residential and commercial applications and depend on advanced fabrication equipment and proprietary installation processes. The Debtor leases a key showroom in Palmetto, Florida, and the ongoing payment of rent under that lease is critical to maintaining customer visibility, sales activity, and contract performance. After filing, the Debtor determined that it lacked sufficient liquidity to maintain operations, meet payroll, procure materials for in-process projects, satisfy administrative expenses, pay cure amounts for assumed leases and executory contracts, or stabilize its business during restructuring. The Debtor explains that because it has minimal unencumbered collateral and is experiencing financial distress, it was unable to obtain financing from traditional third-party lenders. The Debtor contacted multiple non-insider lenders, including an FDIC-insured bank, but no entity was willing to extend credit on any terms. As a result, the Debtor concluded that funding from its insider owner was the only available financing source and that the proposed insider DIP loan reflects reasonable, arm's length terms consistent with market practices for distressed borrowers with no collateral base. About Moderno Porcelain Tampa LLC Moderno Porcelain Tampa, LLC, doing business as Moderno Porcelain Works, fabricates and installs large-format porcelain slabs for residential and commercial applications. The Company provides end-to-end services including design consultation, precision fabrication, and on-site installation of surfaces such as countertops, walls, and floors. It operates from Palmetto, Florida, serving clients across the greater Tampa area. Moderno Porcelain Tampa sought relief under Subchapter V o Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-08025) on October 28, 2025. In its petition, the Debtor reports estimated assets between $500,000 and $1 million and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Roberta A. Colton handles the case. The Debtor is represented by Esther McKean, Esq., at Akerman, LLP. MONTE MARTIN : Gets Interim OK to Use Cash Collateral ----------------------------------------------------- Monte Martin, Inc received interim approval from the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division, to use cash collateral. The court authorized the Debtor to use cash collateral for 30 days from November 26, subject to the 14-day and 30-day operating budgets. The Debtor may not exceed any budget line item by more than 15%, and overall expenditures must stay within the budget unless the U.S. Small Business Administration agrees or the court orders otherwise. The SBA, a secured creditor, holds a loan of approximately $1,265,000, asserts a lien on substantially all of the Debtor's assets, including accounts, inventory, and proceeds. As adequate protection, SBA will be granted replacement liens on the Debtor's post-petition assets similar to its pre-bankruptcy collateral. The SBA is also entitled to bi-weekly adequate protection payments of $1,962.50, applied first to post-petition interest and then to principal. These liens are subject to a carveout for fees, including U.S. Trustee fees, up to $25,000 in Debtor professional fees, and up to $15,000 for a professional retained by the Subchapter V trustee. The authority to use cash collateral terminates if the Debtor fails to make payments, deviates from the budget, withholds reports, or otherwise materially breaches the order. A final hearing is set for December 11, with objections by due December 8. About Monte Martin Inc. Based in Dallas, Texas, Monte Martin Inc. provides fine art services, exhibit design and fabrication, lighting design, and electrical contracting through its headquarters at 2819 Anode Lane. It serves a diverse clientele including galleries, museums, institutions, restaurants, retail establishments, hotels, and private collectors, integrating art and lighting in its projects. Monte Martin formerly conducted business under the names Martin & Martin Design Services, LLC, Martin & Martin Design Electrical, LLC, Martin & Martin Design Fine Art Services, LLC, and Martin & Martin Design Exhibition Design, LLC. Monte Martin Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Case No. 25-33677) on September 22, 2025. In its petition, the Debtor reports estimated assets between $100,000 and $500,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Michelle V. Larson handles the case. The Debtor is represented by David Shuster, Esq., at Shuster Law, PLLC. MR. BUBBLES AURORA: Case Summary & Four Unsecured Creditors ----------------------------------------------------------- Debtor: Mr. Bubbles Aurora - 1, LLC 2903 Kirk Road Aurora, IL 60502 Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Northern District of Illinois Case No.: 25-18469 Debtor's Counsel: Scott R. Clar, Esq. CRANE, SIMON, CLAR & GOODMAN Suite 3950 135 South LaSalle Street Chicago, IL 60603-4297 Tel: 312-641-6777 Fax: 312-641-7114 Email: sclar@cranesimon.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Kyle Evans as managing member. A full-text copy of the petition, which includes a list of the Debtor's four unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/YR7NPLQ/Mr_Bubbles_Aurora_-_1_LLC__ilnbke-25-18469__0001.0.pdf?mcid=tGE4TAMA NAVELLIER & ASSOCIATES: Hires McDonald Carano LLP as Co-Counsel --------------------------------------------------------------- Navellier & Associates Inc. seeks approval from the U.S. Bankruptcy Court for the District of Nevada to hire McDonald Carano LLP as bankruptcy co-counsel. The firm will render these services: a. provide legal advice and assistance to the Debtor relative to administration of its Chapter 11 Case; b. represent the Debtor at hearings held before the Court; c. communication with the Debtor regarding the decisions of the Court; d. assist and advise the Debtor in examining and analyzing the conduct of the Debtor's affairs and the reasons for the Chapter 11 Case; e. review and analyze all applications, motions, orders, statements of operations and schedules filed with the Court by the Debtor or third parties, advise the Debtor as to their merits, and, after consultation with the Debtor, take appropriate action; f. assist the Debtor in preparing applications, motions and orders in support of positions taken by the Debtor, as well as preparing witnesses and reviewing documents in this regard; g. apprise the Court of the Debtor's analysis of its various assets, liabilities and interests; h. confer with the financial advisors and any other professionals retained by the Debtor, if any are selected and approved; i. assist the Debtor in negotiations with other parties-in-interest and creditors concerning the terms of any proposed plan of reorganization; j. assist the Debtor with such other services as may contribute to the confirmation of a plan of reorganization; k. prepare any plan of reorganization and related documents; l. evaluate claims and prepare appropriate claims objections; m. advise and assist the Debtor in evaluating and prosecuting any claims that the Debtor may have against third parties, and evaluating the rights and interests of the Debtor; n. assist the Debtor in the sale of assets, if applicable, for the highest and best price; and o. assist the Debtor in performing such other services as may be required or necessary, in the interest of creditors, including, but not limited to, the commencement of, and participation in, appropriate litigation respecting the estate. The firm's hourly rates are: Sallie B. Armstrong, Partner $600 Jimmy F. Dahu, Attorney $450 Misti A. Hale, Paralegal $225 Sallie Armstrong, Esq., a partner at McDonald Carano LLP, assured the court that his firm is a "disinterested person" within the meaning of 11 U.S.C. 101(14). The counsel can be reached through: Sallie B. Armstrong, Esq. Jimmy F. Dahu, Esq. McDONALD CARANO LLP 100 West Liberty Street, Tenth Floor Reno, NV 89501 Telephone: (775) 788-2000 Email: sarmstrong@mcdonaldcarano.com Email: jdahu@mcdonaldcarano.com About Navellier & Associates Inc. Navellier & Associates Inc., based in Reno, Nevada, provides investment advisory services focused on growth investing strategies, offering portfolio management and financial planning to individual and institutional clients. The firm was founded by Louis G. Navellier and manages discretionary assets while employing a quantitative and fundamental approach to stock selection. Navellier & Associates Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Nev.Case No. 25-50820) on September 5, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Hilary L. Barnes handles the case. The Debtor is represented by Norma Guariglia, Esq. at HARRIS LAW PRACTICE LLC. NAVELLIER & ASSOCIATES: Taps Harris Law Practice LLC as Counsel --------------------------------------------------------------- Navellier & Associates Inc. seeks approval from the U.S. Bankruptcy Court for the District of Nevada to hire Harris Law Practice LLC as bankruptcy counsel. The firm's services include: a) examining and preparing of documents and reports as required by the Bankruptcy Code, Federal Rules of Bankruptcy Procedure and Local Bankruptcy Rules; b) preparing applications and proposed orders to be submitted to the Court; c) identifying and prosecuting claims and causes of action assertable by Debtor on behalf of the estate; d) examining of proofs of claim anticipated to be filed and the possible prosecution of objections to certain claims; e) advising the Debtor and preparing documents in connection with the contemplated ongoing operation of the Debtor's business; f) assisting and advising the Debtor in performing other official functions as set forth in Section 521, et seq., of the Bankruptcy Code; and g) advising and preparing a plan of reorganization, and related documents, and confirmation of said plan, as provided in Section 1189, et seq., of the Bankruptcy Code. The firm will be paid at these hourly rates: Stephen R. Harris, Esq. $650 Norma Guariglia, Esq. $550 Paraprofessional services $200 The firm received a prepetition advance retainer of $10,000 to cover the cost of the chapter 11 petition filing fee. Stephen R. Harris, Esq., a partner at Harris Law Practice, assured the court that his firm is a "disinterested person" within the meaning of 11 U.S.C. 101(14). The counsel can be reached through: Stephen R. Harris, Esq. Harris Law Practice LLC 850 E. Patriot Blvd., Suite F Reno, NE 89511 Tel: (775) 786-7600 Fax: (775) 786-7764 Cell: (775) 690-9120 Email: steve@harrislawreno.com About Navellier & Associates Inc. Navellier & Associates Inc., based in Reno, Nevada, provides investment advisory services focused on growth investing strategies, offering portfolio management and financial planning to individual and institutional clients. The firm was founded by Louis G. Navellier and manages discretionary assets while employing a quantitative and fundamental approach to stock selection. Navellier & Associates Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Nev. Case No. 25-50820) on September 5, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Hilary L. Barnes handles the case. The Debtor is represented by Norma Guariglia, Esq. at HARRIS LAW PRACTICE LLC. NERFIES MANAGEMENT: Voluntary Chapter 11 Case Summary ----------------------------------------------------- Debtor: Nerfies Management, LLC 1725 Winding Ridge Road Aledo, TX 76008 Business Description: Nerfies Management, LLC, doing business as Nerfies, operates a recreational entertainment facility in Plano, Texas, offering Nerf gun parties, team-building events, and youth programs such as summer camps. The Company also hosts event-venue services including birthday parties, adult and bachelor parties, bar mitzvahs, corporate events, field trips, holiday parties, and sports celebrations, and provides equipment rental while managing a themed arena for interactive Nerf blaster games that serves children and adults across Plano and surrounding areas. Chapter 11 Petition Date: November 30, 2025 Court: United States Bankruptcy Court Eastern District of Texas Case No.: 25-43632 Judge: Hon. Brenda T Rhoades Debtor's Counsel: J. Mark Chevallier, Esq. ROCHELLE MCCULLOUGH, LLP 901 Main St. 3200 Dallas TX 75202 Tel: (214) 580-2530 Email: mchevallier@romclaw.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Tim Avance as manager. A list of the Debtor's 20 largest unsecured creditors was not provided alongside the petition. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/VXVCZWY/Nerfies_Management_LLC__txebke-25-43632__0001.0.pdf?mcid=tGE4TAMA NEW HEALTH: Seeks to Hire Swarmer CPA Services as Tax Preparer -------------------------------------------------------------- New Health Solutions, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Pennsylvania to employ Swarmer CPA Services to prepare the its tax returns, PA 20S/65, and Form K-1s. The firm's rates for tax preparation and consultation of $175 to $225 per hour and an hourly basis for bookkeeping and QuickBooks training of $100 to $125 per hour. As disclosed in the court filings, Swarmer CPA is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code and as required by Section 327(a) of the Bankruptcy Code and will hold no interest adverse to the Debtor and the bankruptcy estate. The accountant can be reached through: Pamela L. Swarmer, CPA Swarmer CPA Services 119 Grand Avenue Mars, PA 16046 Telephone: (724) 687-0741 Facsimile: (724) 687-0742 Fax Email: pswarmer@swarmercpaservices.com About New Health Solutions, LLC New Health Solutions, LLC sought protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Pa. Case No. 25-22772-CLB) on October 15, 2025. At the time of the filing, Debtor had estimated assets of between $0 to $50,000 and liabilities of between $100,001 to $500,000. Thompson Law Group, P.C. is Debtor's legal counsel. NEXTGEN MRO: Gets Interim OK to Use Cash Collateral --------------------------------------------------- NextGen MRO Solutions, LLC received interim approval from the U.S. Bankruptcy Court for the Western District of Virginia to use cash collateral. The court authorized the Debtor to use its cash and cash equivalents through the final hearing to fund operations consistent with its budget. This interim authority includes use of accounts receivable, deposit accounts, and inventory, all of which may be subject to creditor interests. To the extent any creditor holds interests in the cash collateral, such creditor will receive a replacement lien on post-petition accounts receivable, deposit accounts, and inventory, with the same priority and enforceability as its pre-bankruptcy lien. This lien is limited to the actual cash collateral used. The creditors that may have interest in the cash collateral are WebBank, PayPal/Swift, CAN Capital, Harborpoint Capital, Lendr.Online, Navitas Credit Corp., Marlin/PEAC Solutions and the U.S. Small Business Administration. The interim order makes no determination regarding ownership of the accounts receivable or whether the Debtor's agreements with any creditor constitute a sale of the receivables or a loan. These issues will be decided at the final hearing scheduled for December 17. Parties claiming an interest in the receivables must file objections by December 16. A copy of the interim order and the Debtor's budget is available at https://urlcurt.com/u?l=796ceP from PacerMonitor.com. NextGen's financial distress began in early 2024 when one of its members, William Tucker, became seriously ill and required months of medical treatment, while it simultaneously dealt with the breakdown of its delivery truck and had to purchase a replacement. Declining sales and mounting obligations led the Debtor to borrow heavily, including entering into several merchant cash advance agreements that it now asserts were in substance loans rather than true receivable sales. The Debtor has identified several creditors -- traditional lenders, MCA providers, and possible PMSI lenders -- which may claim interests in its personal property, including accounts, inventory, equipment, and deposit accounts. It disputes the validity and nature of these alleged liens, asserting that the MCA agreements include characteristics of loans such as commingling of receipts, lack of independent underwriting, security interests, guaranties, and provisions that create guaranteed repayment upon default. Because the Debtor's cash on deposit and revenues from ongoing sales constitute cash collateral, it cannot operate without court authorization to use these funds. About NextGen MRO Solutions LLC NextGen MRO Solutions LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr .W.D. Va. Case No. 25-61428) on November 21, 2025. In the petition signed by William Henery Tucker, Jr, manager, the Debtor disclosed up to $500,000 in assets and up to $1 million in liabilities. David Cox, Esq., at Cox Law Group, represents the Debtor as legal counsel. NORDSTRAND ENGINEERING: Case Summary & 20 Top Unsecured Creditors ----------------------------------------------------------------- Debtor: Nordstrand Engineering Inc. 3229 D'amico St Houston, TX 77019 Business Description: Nordstrand Engineering, Inc. operates as a Houston-based oil and gas operator that manages exploration, production and lease operations across multiple U.S. states. Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Southern District of Texas Case No.: 25-37273 Judge: Hon. Jeffrey P Norman Debtor's Counsel: Brendon Dane Singh, Esq. TRAN SINGH, LLP 2502 La Branch St. Houston TX 77004 Tel: (832) 975-7300 Email: bsingh@ts-llp.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million Linda Norstrand signed the petition as president. A full-text copy of the petition, which includes a list of the Debtor's 20 largest unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/HMH3EXI/Nordstrand_Engineering_Inc__txsbke-25-37273__0001.0.pdf?mcid=tGE4TAMA NORTHERN FUEL: To Sell Waskish Property to Farmers Union Oil ------------------------------------------------------------ Northern Fuel and Convenience, Inc. (NFC) and its affiliate, My Store – Waskish LLC (Waskish), seek approval from the U.S. Bankruptcy Court for the District of Minnesota, to sell Property, free and clear of liens, claims, interests, and encumbrances. Debtor NFC owns real property used to operate a convenience store located at 54345 Highway 72 NE, Waskish, MN 56685 (Waskish Store). Debtor Waskish owns all of the personal property, fixtures, equipment and inventory used to operate the convenience store located on such Real Property. The Waskish Store is known to operators of similar gas stations and convenience stores in the region. Shortly after the Petition Date, Debtors started to receive numerous inquiries from prospective purchasers about the Real Property and Personal Property. Debtors' Counsel communicated with all potential buyers that submitted such inquiries. The Debtors have limited time to effectuate a sale transaction that preserves value for the estate. First, temperatures have changed dramatically since the Petition Date and the ongoing cost of heating and insuring the Waskish Store is burdensome to the estate. Second, the potential purchaser has conditioned its bid upon being able to reopen the store in time for the local winter tourism season. The Debtors determined that additional delay posed an unacceptable risk and cost to the estate. The Debtors believe any potential advantage of a longer marketing period is outweighed by the cost of broker’s commissions, advertising fees, the accrual of additional administrative expenses, uncertainty, and delay. The strong qualifications of the prospective purchaser were also a factor in the Debtors' analysis. The prospective purchaser is able to close with cash and motivated to close quickly. Additionally, the purchaser is an experienced local operator of similar stores and willing to purchase the Real and Personal property "as is, where is." Debtor determined that the purchaser was a credit worthy and capable counterparty, which decreases the risk of unnecessary administrative expense and waste for the estate and its creditors. The Debtors have been informed that the proposed sale has the support of the secured creditor whose mortgage will be impacted by an order selling the Real and Personal Property free and clear pursuant to Section 363. The sale will also satisfy the estate's liability for unpaid taxes. Debtors believe this will significantly reduce the potential for unnecessary litigation in these cases. The Debtors are proposing to sell the Real Property and Personal Property in the purchase price of $520,000. The proposed buyer is Farmers Union Oil Company of Warroad, an entity organized under the laws of the State of Minnesota. The Buyer will pay the Purchase Price with cash. The Buyer agrees to purchase the Real Property and Personal Property "as is" and "where is," subject to entry of an order granting the Sale Motion and allowing the assets to be sold free and clear of liens. The Buyer will bear their own attorney’s fees and costs associated with the proposed sale transaction, and is ready, willing and able to close no later than December 31, 2025. If Buyer fails to close, he has agreed to forfeit his earnest money to the estate as liquidated damages. Debtors intend to use 100% of the sale proceeds to offset the cost of the sale and to pay the following: a. Closing costs (to be allocated ratably on the closing date); b. Outstanding Real Property Tax (to be allocated ratably between buyer and seller on the closing date); c. A tax lien imposed by the State of Minnesota; d. A stipulated surcharge for expenses accrued by the estate in connection with the proposed sale; and e. The balance of the sale proceeds will be distributed to Security Bank. The lienholders of the Property are Security Bank, Small Business Administration, and Central Minnesota Development Company. The Debtors believe all lienholders have been properly served and they have actual notice of the Sale Motion. About Northern Fuel & Convenience Inc. Northern Fuel & Convenience Inc. operates convenience stores and gas stations in Minnesota, managing locations at 54345 Highway 72 NE in Waskish and 4895 Jones Townhall Road NW in Solway, serving local communities with fuel and retail products. Northern Fuel & Convenience Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Minn. Case No. 25-60536) on September 2, 2025. In its petition, the Debtor reports total assets of $214,000 and total Liabilities of $2,468,948. The Debtor is represented by Kesha Tanabe, Esq. at VOGEL LAW FIRM. NUMERICAL CONCEPTS: Hires Allies Commercial Realty as Broker ------------------------------------------------------------ Numerical Concepts Inc. seeks approval from the U.S. Bankruptcy Court for the Southern District of Indiana to employ Allies Commercial Realty, LLC as broker. The firm will render these services: (a) market the Debtor's real estate for sale by providing, installing and removing any signage for the sale of the real estate, preparing and disseminating electronic and social media postings and printed brochures as agreed to by the parties, and conduct showings of the qualified buyer; (b) negotiate for the sale of the real estate, assist with any requests of the qualified buyer, title company, contractors/vendors/inspectors of the qualified buyer during the offer and acceptance period and the due diligence period and up to the date of closing; (c) assist with the facilitation of closing the sale of the real estate; and (d) broker's duties do not include, unless otherwise agreed to by the Broker and Seller in writing, the care, maintenance, management, protection or repair of any portion of the real estate during the term hereof or during any period between the termination of this Agreement and any closing of any transaction with a qualified buyer or listed party. Adam Stephenson, a managing director at Allies Commercial Realty, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Adam Stephenson Allies Commercial Realty, LLC 7510 E. 82nd St. Indianapolis, IN 46256 Telephone: (317) 361-4787 About Numerical Concepts Inc. Numerical Concepts Inc. is a woman-owned manufacturer established in 1973, specializing in the design and fabrication of both custom-built machines and individual components for various industries worldwide. Operating from a 78,000-square-foot facility, the Company offers comprehensive services including machining, assembly, inspection, and testing with minimal subcontracting. Leveraging over 450 years of combined management and machinist experience, Numerical Concepts serves as a one-stop provider of complex equipment and parts with a focus on quality and customer satisfaction. Numerical Concepts Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Ind. Case No. 25-80405) on August 11, 2025. In its petition, the Debtor reported between $1 million and $10 million in assets and liabilities. Honorable Bankruptcy Judge Jeffrey J. Graham handles the case. The Debtor tapped Jason T. Mizzell, Esq., at Kroger, Gardis & Regas, LLP as counsel and Sackrider & Company as accountant. NYC OF PIERMONT: Case Summary & Five Unsecured Creditors -------------------------------------------------------- Debtor: NYC of Piermont LLC d/b/a Confetti Ristorante Vinoteca 200 Ash Street Piermont, NY 10968 Business Description: NYC Of Piermont LLC, doing business as Confetti Ristorante Vinoteca, operates a full-service Italian restaurant and event venue at 200 Ash Street, Piermont, New York, offering dine-in, catering, and private- event services. Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Southern District of New York Case No.: 25-23158 Debtor's Counsel: Robert Lewis, Esq. ROBERT S LEWIS PC 29 Main Street Nyack, NY 10960 Tel: (845) 358-7100 Email: Robert.lewlaw1@gmail.com Total Assets: $60,000 Total Liabilities: $1,941,000 The petition was signed by Constandina Paximadakis as member. A full-text copy of the petition, which includes a list of the Debtor's five unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/ABBZEQQ/NYC_of_Piermont_LLC__nysbke-25-23158__0001.0.pdf?mcid=tGE4TAMA OMNICARE LLC: Committee Seeks to Hire Herbert Smith as Counsel -------------------------------------------------------------- The official committee of unsecured creditors appointed in the Chapter 11 cases of Omnicare, LLC and its affiliates seeks approval from the U.S. Bankruptcy Court for the Northern District of Texas to employ Herbert Smith Freehills Kramer (US) LLP as counsel. The firm will render these services: (a) advise the committee with respect to its rights, duties and powers in these cases; (b) assist and advise the committee in its consultations with the Debtors in connection with the administration of these cases; (c) assist the committee in its investigation of the acts, conduct, assets, liabilities, and financial condition of the Debtors; (d) assist the committee in connection with evaluating any plans of reorganization or liquidation proposed by the Debtors; (e) assist the committee in evaluating any sale or financing proposed by the Debtors; (f) assist the committee in analyzing the claims of the Debtors' creditors; (g) advise and represent the committee in connection with matters generally arising in these cases; (h) appear before this Court, and any other federal, state or appellate court on behalf of the committee; (i) prepare, on behalf of the committee, any pleadings, including motions, memoranda, complaints, objections, and responses to any of the foregoing; and (j) perform such other legal services as may be required or are otherwise deemed to be in the interests of the committee in accordance with its powers and duties as set forth in the Bankruptcy Code, Bankruptcy Rules, or other applicable law. The firm's professionals will be paid at these hourly rates: Partners $1,550 - $2,200 Counsel $1,370 - $2,100 Special Counsel $1,325 - $1,545 Associates $995 - $1,545 Paraprofessionals $385 - $715 In addition, the firm will seek reimbursement for expenses incurred. Adam Rogoff, Esq., a partner at Herbert Smith Freehills Kramer (US), disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Adam C. Rogoff, Esq. 1177 Avenue of the Americas New York, NY 10036 Telephone: (212) 715-9100 Facsimile: (212) 715-8000 About Omnicare LLC Omnicare, LLC is a subsidiary of CVS Health that provides comprehensive pharmacy services. Omnicare and affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 25-80486). In its petition, Omnicare reported estimated assets between $100 million and $500 million and estimated liabilities between $1 billion and $10 billion. Judge Stacey G. Jernigan oversees the cases. The Debtors tapped Jenner & Block, LLP and Haynes Boone as legal counsel; Houlihan Lokey as investment banker; Alvarez & Marsal as restructuring advisor; and Stretto, Inc. as claims agent. The U.S. Trustee has appointed an official committee of unsecured creditors. The committee tapped Herbert Smith Freehills Kramer (US) LLP as counsel. OMNICARE LLC: Union Challenges Bankruptcy Bidding Plan ------------------------------------------------------ Randi Love of Bloomberg Law reports that the International Association of Machinists and Aerospace Workers has objected to Omnicare LLC's proposed bidding procedures, arguing they fail to explain how a potential sale would affect workers' rights and existing labor agreements. The union, representing 30 current and former employees of an Omnicare affiliate, said the procedures leave key employment issues undefined. In a filing with the U.S. Bankruptcy Court for the Northern District of Texas, the union proposed adding language requiring bidders to formally acknowledge the union as the exclusive bargaining representative for certain employees. The suggested revisions would also ensure that bidders communicate with the union and recognize any relevant collective bargaining obligations as part of the sale process, the report states. About Omnicare, LLC Omnicare, LLC is a subsidiary of CVS Health that provides comprehensive pharmacy services. Omnicare and affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 25-80486). In its petition, Omnicare reported estimated assets between $100 million and $500 million and estimated liabilities between $1 billion and $10 billion. Judge Stacey G. Jernigan oversees the cases. The Debtors tapped Jenner & Block, LLP and Haynes Boone as legal counsel; Houlihan Lokey as investment banker; Alvarez & Marsal as restructuring advisor; and Stretto, Inc. as claims agent. ORANGE COURIER: Gets Court OK to Use Cash Collateral ---------------------------------------------------- Orange Courier, Inc. received approval from the U.S. Bankruptcy Court for the Central District of California to use cash collateral. At the recent hearing, the court authorized the Debtor to use cash collateral only to pay non-insider wages, compensation and benefits. To satisfy the adequate protection requirements, the Debtor offers granting the lienholders replacement liens of equal extent and priority on post-petition revenues and receivables. The Debtor's receivables serve as its only meaningful source of operating capital; without access to them, it would immediately lose the ability to fund essential ongoing expenses. Its budget identifies these critical obligations: real property and equipment leases (including truck leases essential to delivery operations), payroll, taxes, fuel, utilities, and insurance premiums. Any interruption in service, even briefly, would cause long-term damage to customer relationships and could trigger an operational collapse, harming both the business and creditor recoveries, according to the Debtor. Orange Courier is a courier, messenger, delivery, warehousing, and logistics provider and entered Chapter 11 on November 21, primarily to stabilize operations and restructure its financial obligations. Its business relies heavily on maintaining daily delivery routes, paying drivers and warehouse staff, fueling vehicles, and keeping insurance current -- activities that cannot continue without immediate access to cash. The Debtor's most significant assets are its accounts receivable, valued at more than $6 million, along with approximately $150,000 to $230,000 in cash on hand. These receivables, however, are encumbered by numerous UCC-1 financing statements filed by lenders, including those arising from predatory merchant cash advance agreements. Because these secured claims constitute cash collateral under the Bankruptcy Code, the Debtor may not use these funds without lienholder consent or court authorization. About Orange Courier Inc. Orange Courier, Inc. provides same-day delivery, trucking, warehousing, and logistics services from its base in La Mirada, California. It operates as a for-hire interstate motor carrier handling property freight under federal transportation authority. It serves commercial customers across Southern California and surrounding regions through courier, distribution, and freight transport operations. Orange Courier sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-20443) on November 21, 2025, listing up to $10 million in both assets and liabilities. Evell Tara Stanley, president of Orange Courier, signed the petition. Judge Deborah J. Saltzman oversees the case. Eric Bensamochan, Esq., at The Bensamochan Law Firm, Inc., represents the Debtor as bankruptcy counsel. PAPATZUL LLC: Nat Wasserstein Named Subchapter V Trustee -------------------------------------------------------- The U.S. Trustee for Region 2 appointed Nat Wasserstein, Esq., at Lindenwood Associates, LLC as Subchapter V trustee for Papatzul LLC. Mr. Wasserstein will be paid an hourly fee of $550 for his services as Subchapter V trustee and will be reimbursed for work related expenses incurred. Mr. Wasserstein declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Nat Wasserstein, Esq. Lindenwood Associates, LLC 328 North Broadway, 2nd Floor Upper Nyack, New York 10960 Telephone: (845) 398-9825 Facsimile: (212) 208-4436 Email: nat@lindenwoodassociates.com About Papatzul LLC Papatzul, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-12612) on November 21, 2025. In its petition, the Debtor listed up to $100,000 in assets and between $100,001 and $1 million in liabilities. The Debtor is represented by Lawrence Morrison, Esq. PARTY CITY: Franchisees Seek Monopolization Case Revamp ------------------------------------------------------- Emily Lever of Law360 reports that Party City franchisees have asked a New Jersey federal court for permission to file an amended complaint before the judge rules on the company's motion to dismiss. The franchisees said the updated pleading would address issues raised by Party City while preserving their core allegations. According to the filing, the franchisees continue to claim that the corporate chain illegally monopolized the party-goods market to their detriment. They argue that allowing the amendment would promote judicial efficiency and ensure the case is decided on its merits rather than on technicalities, the report states. About Party City Holdco Party City Holdco Inc. (NYSE: PRTY) is the global leader in the celebrations' industry, with its offerings spanning more than 70 countries around the world. It is also the largest designer, manufacturer, distributor, and retailer of party goods in North America. Party City Holdco had 761 company-owned stores as of September 2022. It is headquartered in Woodcliff Lake, N.J. with additional locations throughout the Americas and Asia. Party City Holdco and its domestic subsidiaries sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Lead Case No. 23-90005). As of Sept. 30, 2022, Party City Holdco had total assets of $2,869,248,000 against total debt of $3,022,960,000. Judge David R. Jones oversees the cases. The Debtors tapped Paul, Weiss, Rifkind, Wharton & Garrison, LLP, as legal counsel; Moelis & Company, LLC as investment banker; AlixPartners, LLP as financial advisor; A&G Realty Partners as real estate advisor; and Kroll as the claims agent. PricewaterhouseCoopers LLP (PwC) provides accounting and valuation advisory services, tax-related services, and internal audit Sarbanes-Oxley Act support services. Davis Polk & Wardwell, LLP and Lazard serve as legal counsel and investment banker, respectively, to the ad hoc group of first lien holders. The U.S. Trustee for Region 6 appointed an official committee to represent unsecured creditors in the Chapter 11 cases. The committee is represented by Pachulski Stang Ziehl & Jones, LLP. PHIL KEAN DESIGNS: L. Todd Budgen Named Subchapter V Trustee ------------------------------------------------------------ The Acting U.S. Trustee for Region 21 appointed L. Todd Budgen, Esq., a practicing attorney in Longwood, Fla., as Subchapter V trustee for Phil Kean Designs, Inc. Mr. Budgen will be paid an hourly fee of $400 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Budgen declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: L. Todd Budgen, Esq. P.O. Box 520546 Longwood, FL 32752 Tel: (407) 232-9118 Email: Todd@C11Trustee.com About Phil Kean Designs Inc. Phil Kean Designs, Inc. provides integrated architecture, interior design, and residential construction services, specializing in luxury custom homes for clients in Central Florida and surrounding coastal areas. It is based in Winter Park, Florida, Phil Kean Designs filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-07667) on November 25, 2025, with $500,000 to $1 million in assets and $1 million to $10 million in liabilities. Tommy Watkins, president of Phil Kean Designs, signed the petition. Daniel A. Velasquez, Esq., at Latham, Luna, Eden & Beaudine, LLP represents the Debtor as legal counsel. PRESTON CONSULTING: Seeks to Hire Performance Brokerage as Broker ----------------------------------------------------------------- Preston Consulting I, LLC seeks approval from the U.S. Bankruptcy Court for the District of South Carolina to employ Performance Brokerage Services, Inc. as real estate broker. The Debtor needs a broker to market and sell its properties located at: (a) 190 Pontiac Business Center, Elgin, South Carolina; and (b) 1384 Southlake Pkwy., Morrow, Georgia. The firm will receive a commission of 5 percent of gross sale price or $175,000, whichever is greater. In addition, the firm will seek reimbursement for reasonable pre-approved marketing expenses. George Chaconas, a broker at Performance Brokerage Services, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: George Chaconas Performance Brokerage Services, Inc. 7547 Irvine Center Dr., Suite 200 Irvine, CA 92618 About Preston Consulting I LLC Preston Consulting I LLC provides consulting and business-development services and performs government-contracting work. Preston Consulting I LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.S.C. Case No. 25-03923) on October 6, 2025. In its petition, the Debtor reports estimated assets up to $50,000 and estimated liabilities between $1 million and $10 million. The Debtor is represented by Roger K Pruitt, Esq., at RK Pruitt Law Firm. RECREATION DISCOUNT: Case Summary & 20 Top Unsecured Creditors -------------------------------------------------------------- Debtor: Recreation Discount Wholesale, Inc. Recreationdiscountwholesaleinc 25 Walpole Park South Suite 5 Walpole, MA 02081 Business Description: Recreation Discount Wholesale, Inc. operates as an online retailer based in Walpole, Massachusetts, offering a range of home- recreation, pool and spa, and outdoor-living products through a family of niche e- commerce websites. The Company distributes more than 15,000 products and parts through a nationwide network of over 100 vendors and warehouses. Chapter 11 Petition Date: December 2, 2025 Court: United States Bankruptcy Court District of Massachusetts Case No.: 25-12606 Judge: Hon. Christopher J Panos Debtor's Counsel: David B. Madoff, Esq. MADOFF & KHOURY LLP 124 Washington Street, Suite 202 Foxborough, MA 02035 Tel: 508-543-0040 Fax: 508-543-0020 Email: alston@mandkllp.com Total Assets: $322,231 Total Liabilities: $3,104,679 The petition was signed by Eric Feigen as treasurer. A full-text copy of the petition, which includes a list of the Debtor's 20 largest unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/G7WUGXQ/Recreation_Discount_Wholesale__mabke-25-12606__0001.0.pdf?mcid=tGE4TAMA RED ROCK: Plan Exclusivity Period Extended to December 15 --------------------------------------------------------- Judge Hilary L. Barnes of the U.S. Bankruptcy Court for the District of Nevada extended Red Rock Mega Storage LLC's exclusive period to file a plan of reorganization to December 15, 2025. As shared by Troubled Company Reporter, the Debtor explains that an analysis of the nine-factors in this case establishes sufficient cause exists to extend Debtor's exclusivity rights by 60-days: * Size and complexity of the case: While this is not a particularly large case, there are some complex issues involved. For one, the Debtor is in the middle of construction a large storage facility, but needs additional capital to complete construction. The Debtor needs more time to finalize a DIP loan, which will allow Debtor to move forward with construction and increase the value of its property. Debtor is hopeful RFT will decide to make a DIP loan, but will need more time to explore this possibility. * Necessity for time to negotiate a plan: Debtor is also hopeful it can negotiate a consensual plan of reorganization. However, Debtor needs to have funding lined up to construction Buildings D, E, F and L before moving towards negotiating plan terms. * Good faith progress toward reorganization: Debtor has proceeded in good faith and attempted to make progress towards reorganization. Debtor believes the first step to move forward is to finalize DIP funding to complete construction of Buildings D, E, F and L. While this took longer than may have been expected, progress has been made and Debtor expects it will file a motion to approve a DIP loan in a matter of weeks. The Debtor's Counsel: Kevin A. Darby, Esq. DARBY LAW PRACTICE 499 W. Plumb Lane, Suite 202 Reno, NV 89509 Tel: 775-322-1237 Fax: 775-996-7290 E-mail: kevin@darbylawpractice.com About Red Rock Mega Storage Red Rock Mega Storage, LLC operates a storage facility offering a range of unit sizes, including climate-controlled spaces and enclosed units for RV and boat storage. It serves customers in Reno, Nevada, with 24/7 access and on-site amenities. Red Rock Mega Storage sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Nev. Case No. 25-50549) on June 17, 2025. In its petition, the Debtor reported between $10 million and $50 million in assets and liabilities. Judge Hilary L. Barnes oversees the case. Kevin A. Darby, Esq., at Darby Law Practice, Ltd., is the Debtor's bankruptcy counsel. Rodney Family Trust, as lender, is represented by Amy N. Tirre, Esq. at Law Offices of Amy N. Tirre, A Professional Corporation. REDFISH PROPERTY: Case Summary & Two Unsecured Creditors -------------------------------------------------------- Debtor: Redfish Property Holdings LLC 15914 Heatherdale Dr Houston, TX 77059-5920 Business Description: Redfish Property Holdings LLC engages in the ownership and leasing of real estate properties. Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Southern District of Texas Case No.: 25-80614 Judge: Hon. Alfredo R. Perez Debtor's Counsel: Broocks M. Wilson, Esq. WILSON FRIERY PLLC 708 Main Street 10th Floor Houston TX 77002 Tel: 281-938-0896 E-mail: mack@wilsonfriery.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Ron Larson as manager. A full-text copy of the petition, which includes a list of the Debtor's two unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/ZLYY57A/Redfish_Property_Holdings_LLC__txsbke-25-80614__0001.0.pdf?mcid=tGE4TAMA REDFISH PROPERTY: Seeks Chapter 11 Bankruptcy in Texas ------------------------------------------------------ On December 1, 2025, Redfish Property Holdings LLC filed for Chapter 11 protection in the Southern District of Texas. According to the court filing, the Debtor reports between $1 million and $10 million in debt owed to 1–49 creditors. About Redfish Property Holdings LLC Redfish Property Holdings LLC is a limited liability company. Redfish Property Holdings LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex., Case No. 25-80614) on December 1, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities in the same range. The case is assigned to Honorable Bankruptcy Judge Alfredo R. Perez. The Debtor is represented by Broocks Wilson, Esq. of Wilson PLLC. RELENTLESS HOLDINGS: Seeks to Sell Delray Beach Property at Auction ------------------------------------------------------------------- Relentless Holdings Corporation seeks permission from the U.S. Bankruptcy Court for the Southern District of Florida, Palm Beach Division, to sell Assets, free and clear of liens, claims, interests, and encumbrances. The case is a single asset real estate bankruptcy filed due to what the Debtor believes is fraud and misappropriation of corporate funds by the previous sole owner of the debtor, which resulted in a mortgage foreclosure judgment by the first mortgage holder, M&M Private Lending Group, LLC. The Property was Debtor's current principal, Ramon Millan Pineda's, family home for approximately 10 years. Mr. Pineda and his wife were the sellers of the property. It was sold to Debtor, originally formed by Esteban Ramirez pursuant to a purchase and sale agreement and an investment agreement on or about November 17, 2023. The sale price of $7,800,000 was partially paid for by a first mortgage entered into by Debtor and M&M Private Lending Group, LLC in the amount of $4,680,000.00 and personally guaranteed by Ramirez. The Debtor, by and through Ramirez, subsequently placed a second mortgage for $150,000 on or about January 2024. Ramirez appears to have converted several million dollars from the M&M mortgage which, in accordance with the investment agreement, was supposed to be used for repairs, updates and maintenance, as well as ongoing payments to the Seller and M&M. Ramirez also appears to have obtained and converted the entire balance of the second mortgage, which is $150,000.00 for his personal benefit. The Debtor set the Property up as a luxury vacation rental. During the time Ramirez operated the Debtor, Ramirez converted the profits from the operation to another entity not owned by or affiliated with Debtor. Due to non-payment by Ramirez and Debtor, Pineda was entitled to regain control of the company. Due to non-payment of the M&M mortgage by Ramirez and Debtor, M&M started foreclosure proceedings and obtained a Final Judgment of Foreclosure on February 10, 2025. Debtor filed the instant bankruptcy case as a result. To allow for the marketing and potential sale of the property, the Court appointed Jason Welt based upon the following terms: (i) The total commission to be paid on the sale of the Property to the real estate brokers is 4.5% with the listing agreement providing that the commission shall be split as follows: 2% to the Buyer's realtor and 2.5% to the Debtor's realtor; (ii) Should there be no buyer's broker, the total commission will be reduced to 3%; (iii) Commissions shall only be paid after approval of the sale of the Property and after all sums due to M&M have been paid in full. In addition to marketing the property for sale, Debtor sought to secure a replacement of the indebtedness to M&M and other secured creditors, however Debtor was unable to consummate a transaction in the time frame dictated by the circumstances. Despite the pre-and-post petition efforts, as of the date hereof, the Debtor has not identified an initial or "stalking horse" bidder for the Property. Consequently, the best option to obtain the highest and best offer for the Property is via a public Auction pursuant to the Bidding Procedures. The Debtor has determined that the most efficient and comprehensive resolution for a reorganization of its affairs, including paying its largest secured creditor, M&M Private Lending Group, LLC, would be best achieved through a sale of the Debtor's single asset, a residential parcel of real property located at 1011 Rhodes Villa Ave., Delray Beach, FL. The Debtor seeks approval of Bidding Procedures that do not contemplate a stalking horse being approved at the outset of the this process. However, the Debtor reserves the right to seek to modify the proposed Bidding Procedures, in the event that it is able to execute a binding purchase and sale agreement with a proposed stalking horse, in order to obtain Court approval of specific stalking horse protections and other procedures negotiated with such stalking horse. The Debtor believes that a Sale of the Property is in the best interest of the estate in order to preserve and maximize the value of the Debtor's sole asset - the Property. The Debtor is seeking consideration of both the Bidding Procedures and Final Sale. The Debtor requests that the Court conduct a Sale Hearing to approve the Sale of the Property and enter an order approving the Sale on or about Wednesday, December 3, 2025. Qualified Bids must be received on or before January 26, 2025, by 5:00 p.m. (EST). In addition, Qualified Bids must be accompanied by a deposit in cash, cashier's check, certified check and/or wire transfer in the amount of no less than five percent (5%) of the proposed purchase price for the benefit of the Debtor In Possession. The Deadline to submit a bid is January 26, 2025. The Bankruptcy Auction shall take place on January 28, 2025. M&M retains its right to credit bid up to the full amount of its judgment, plus any additional amounts it is due and owing. As of December 3, 2025, the total amount due to M&M is $6,161,443.34, plus additional interest and fees incurred thereafter. In the event the Successful Bidder fails to close the Sale, it will forfeit its Deposit and the Property shall be sold to the Backup Bidder that submitted the next highest and best bid, without any representations or warranties. All sales, transfer and recording taxes, stamp taxes or similar taxes, if any, relating to the sale ofanyofthePropertyshallbethesoleresponsibilityoftheSuccessfulBidder and shall be paid at Closing of the transaction. The Debtor will request that the Property be transferred to the Successful Purchaser, free and clear of all liens, claims, encumbrances and interests, with such liens, claims, encumbrances and interests attaching to the proceeds of the Sale in the same order of priority as such interests existed as of the Petition Date. About Relentless Holdings Corporation Relentless Holdings Corporation is a Florida-based single asset real estate company. The company owns and manages real property located at 1011 Rhodes Villa Ave, Delray Beach, Fla., while maintaining its principal place of business in Boca Raton. Relentless Holdings sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-13399) on March 28, 2025. In its petition, the Debtor reported between $1 million and $10 million in both assets and liabilities. Judge Mindy A. Mora handles the case. The Debtor is represented by Sherri B. Simpson, Esq. RIC (AUSTIN): Hires Drenner Group as Special Entitlements Counsel ----------------------------------------------------------------- RIC (Austin), LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Texas to employ Drenner Group as special entitlements counsel. The firm will render these services: (a) serve as special entitlements counsel of record for the Debtor and provide representation and legal advice throughout the Bankruptcy Case concerning the Property and Project; (b) provide legal analysis of laws and ordinances governing the Property and Project; (c) provide due diligence and an entitlements memorandum in connection with the Property and Project; (d) assist the Debtor in analyzing and appropriately treating the development obligations relating to the Property and Project; and (e) upon request, represent the Debtor in connection with conferences and potentially lobbying efforts with the City of Austin related to Property and Project entitlements and development regulations. The firm will be paid at these hourly rates: Stephen Drenner, Shareholder $950 Leah Bojo, Director $595 Temaria Davis, Senior Project Manager $330 Katie Gengler, Project Manager $195 In addition, the firm will seek reimbursement for expenses incurred. Stephen Drenner, a principal at Drenner Group, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Stephen Drenner Drenner Group 2705 Bee Caves Road, Suite 100 Austin, TX 78746 Telephone: (512) 807-2900 About RIC (Austin) Panache Development and Construction, Inc., a creditor of RIC (Austin), LLC, filed an involuntary petition under Chapter 7 against the Debtor (Bankr. W.D. Tex. Case No. 24-10264) on March 12, 2024. On September 9, 2024, the court entered its agreed order for relief against RIC (Austin), LLC under Subchapter V of Chapter 11 of Title 11 of the United States Code. Judge Christopher G. Bradley oversees the case. The Debtor tapped Munsch Hardt Kopf & Harr, PC as legal counsel; Drenner Group as special entitlements counsel; HMP Advisory Holdings, LLC, doing business as Harney Partners, as restructuring advisor; and O&L, LP as special development consultant. ROBRAD TOOL: Seeks to Hire Parker Law Team as Special Counsel ------------------------------------------------------------- Robrad Tool & Engineering, Inc. seeks approval from the U.S. Bankruptcy Court for the District of Arizona to employ Parker Law Team, PLLC as special transaction counsel. The firm's professional services include review of and negotiation with respect to agreements between the Debtor and its customers, including its largest customer, and other matters related thereto. The firm will be paid at these hourly rates: Joseph Parker, Attorney $550 Other Attorneys $350 Paraprofessionals $75 Mr. Parker disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Joseph Parker, Esq. Parker Law Team, PLLC 7400 E. Pinnacle Peak Road, Suite 204 Scottsdale, AZ 85255 About Robrad Tool & Engineering Robrad Tool & Engineering, Inc. sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No. 2:25-bk-09862) on October 16, 2025. At the time of the filing, the Debtor had estimated assets of between $500,001 to $1 million and liabilities of between $1,000,001 to $10 million. Judge Paul Sala oversees the case. The Debtor tapped Tiffany & Bosco, PA as counsel and Parker Law Team, PLLC as special transaction counsel. RT 1 CHICKEN: Case Summary & Six Unsecured Creditors ---------------------------------------------------- Debtor: Rt 1 Chicken LLC 53 Knightsbridge Road Suite 220 Piscataway NJ 08854 Case No.: 25-22709 Business Description: Rt 1 Chicken LLC is a company engaged in restaurant and food-service operations that held a leasehold interest at 878 US Highway 1, Edison, New Jersey, with a franchise agreement involving Restaurant Brands International. Chapter 11 Petition Date: November 30, 2025 Court: United States Bankruptcy Court District of New Jersey Judge: Hon. Christine M. Gravelle Debtor's Counsel: Brett Silverman, Esq. SILVERMAN LAW PLLC 4 Terry Terrace Livingston NJ 07039 Tel: 646-779-7210 Email: brett@getconciergelaw.com Total Assets: $423,050 Total Liabilities: $2,334,868 The petition was signed by Bahadar Durrani as manager. A full-text copy of the petition, which includes a list of the Debtor's six unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/4KEUOGY/Rt_1_Chicken_LLC__njbke-25-22709__0001.0.pdf?mcid=tGE4TAMA RUTHERFORD ENTERPRISES: Seeks to Hire WSR 323 LLC as Broker ----------------------------------------------------------- Rutherford Enterprises 1, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Florida to employ WSR 323, LLC, doing business as We Sell Restaurants - Tallahassee, as restaurant broker. The Debtor needs a broker to sell its business and assets located at 14949 US Highway 19 South, Suite C, Thomasville, Georgia. The firm will receive a fee of 12 percent of the purchase price. Michael Holmes, a restaurant broker at WSR 323, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Michael C. Holmes WSR 323, LLC 2910 Kerry Forest Pkwy. D4-110 Tallahasee, FL 32309 Telephone: (850) 661-1133 About Rutherford Enterprises 1 LLC Rutherford Enterprises 1, LLC, a company in Tallahassee, Fla., filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Fla. Case No. 23-40217) on June 16, 2023, with $100,000 to $500,000 in assets and $1 million to $10 million in liabilities. Charles M Rutherford, Sr., manager, signed the petition. Judge Karen K. Specie oversees the case. Byron W. Wright III, Esq., at Bruner Wright, PA is the Debtor's legal counsel. S & S SERVICES: Seeks to Hire The Bush Law Firm as Legal Counsel ---------------------------------------------------------------- S & S Services, LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Alabama to employ The Bush Law Firm, LLC as counsel. The firm will provide these services: (a) advise the Debtor as to its rights, powers and duties; (b) prepare and file the documents necessary to advance this case; (c) represent the Debtor at the hearings in this matter; (d) prepare and file the status report and plan; (e) defend challenges to the automatic stay set forth within; and (f) provide such other legal services and/or prepare and/or file such other documents as may be necessary to carry out its duties and functions in this case. Anthony Bush, Esq., the primary attorney in this representation, and his paralegal will be billed at $450 per hour and $50 per hour, respectively, plus reimbursement. The firm received a retainer of $7,500 and a filing fee of $1,738. Mr. Bush disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Anthony C. Bush, Esq. The Bush Law Firm, LLC 3198 Parliament Circle 302 Montgomery, AL 36116 Telephone: (334) 263-7733 Facsimile: (334) 832-4390 Email: abush@bushlegalfirm.com About S & S Services S & S Services, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Ala. Case No. 25-32758) on November 14, 2025, listing up to $1 million in both assets and liabilities. Judge Christopher L. Hawkins oversees the case. Anthony C. Bush, Esq., at The Bush Law Firm, LLC represents the Debtor as counsel. SAI BHOLE-NATH: Case Summary & Eight Unsecured Creditors -------------------------------------------------------- Three affiliates that concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code: Debtor Case No. ------ -------- Sai Bhole-Nath Hotels, Inc. (Lead Case) 25-50333 601 Avenue Q Lubbock TX 79401 Sai Krupa Hospitality LLC 25-50334 2307 Loop 36 San Angelo, TX 76904 Sai Shyam Hotels LLC 25-50335 311 N. Bryant Blvd. San Angelo TX 76903 Business Description: Sai Bhole-Nath, a Georgia corporation founded in 2015 by Chetan "Chaz" Patel and Bhartiben "Bharti" Patel, operates the Baymont by Wyndham Lubbock - Downtown Civic Center in Lubbock, Texas. The 138-room limited-service hotel features an outdoor pool, business center, and parking, and was acquired in 2019 for approximately $4.8 million. Sai Krupa, a Texas limited liability company formed in 2020 with Chetan Patel as manager, owns the La Quinta Inn by Wyndham and Conference Center San Angelo. The 173-room limited-service hotel, located near Angelo State University, includes a pool, meeting facilities, and daily breakfast, and was purchased in 2021 for approximately $4.8 million. Sai Shyam, a Texas limited liability company formed in 2021 with Chetan Patel as manager, operates the Motel 6 San Angelo Texas. The 98-room limited-service hotel offers an outdoor pool, Wi-Fi, and guest laundry, and was acquired in 2021 for approximately $2.8 million. Chapter 11 Petition Date: December 1, 2025 Court: United States Bankruptcy Court Northern District of Texas Judge: TBD Debtors' General Bankruptcy Counsel: Megan F. Clontz, Esq. Rachael L. Smiley, Esq. Sabrina M. March, Esq. FERGUSON BRASWELL FRASER KUBASTA PC 2500 Dallas Parkway, Suite 600 Plano, TX 75093 Tel: 972-378-9111 Fax: 972-378-9115 Email: mclontz@fbfk.law Email: rsmiley@fbfk.law Email: smarch@fbfk.law Sai Bhole-Nath's Total Assets as of October 31, 2025: $4,301,544 Sai Bhole-Nath's Total Liabilities as of October 31, 2025: $2,999,222 Sai Krupa's Total Assets as of October 31, 2025: $858,063 Sai Krupa's Total Liabilities as of October 31, 2025: $3,779,460 Sai Shyam's Total Assets as of October 31, 2025: $606,889 Sai Shyam's Total Liabilities as of October 31, 2025: $2,074,846 The petitions were signed by Chetan Patel as president, manager and member. A full-text copy of the Lead Debtor's petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/3ACQK5A/Sai_Bhole-Nath_Hotels_Inc__txnbke-25-50333__0001.0.pdf?mcid=tGE4TAMA List of Lead Debtor's Eight Unsecured Creditors: Entity Nature of Claim Claim Amount 1. Mercury Capital Funding LLC $2,000,000 c/o Mavrides, Moyal, Packman & Sadkin, LLP 276 Fifth Avenue, Ste. 404 New York, NY 10001 2. U.S. Small Business Administration $500,000 Disaster Assistance Processing and Disbursement Center 14925 Kingsport Road Fort Worth, TX 76155 3. TaxCORE Lending, LLC $95,709 4849 Greenville Ave. Tower Two, Suite 1620 Dallas, TX 75206 4. Wyndham $83,093 22 Sylvan Way Parsippany, NJ 07054 5. Wyndham $66,830 22 Sylvan Way Parsippany, NJ 07054 6. G6 $65,913 6509 Windcrest Dr. #100 Plano, TX 75024 7. TXU $29,178 PO Box 650764 Dallas, TX 75265 8. NRG Energy, Inc. $8,236 NRG Tower 1301 McKinney St. Houston, TX 77010 SAMYS OC: Seeks to Hire Sader Law Firm as Special Counsel --------------------------------------------------------- Samys OC, LLC seeks approval from the U.S. Bankruptcy Court for the District of Kansas to hire Sader Law Firm as special counsel. The firm will investigate and pursue litigation against third parties, pursue derivative claims adversary Case No. 25-05011 and 25-05013, and other legal theories that may be discovered. The firm's hourly rates are: Bradley D. McCormack $380 Paralegals $150 Sader Law Firm and its members are disinterested parties as defined in 11 U.S.C. Sec. 101(14), according to court filings. The firm can be reached through: Bradley D. McCormack The Sader Law Firm 2345 Grand Boulevard, Suite 2150 Kansas City, MO 64108 Telephone: (816) 561-1818 Facsimile: (816) 561-0818 Email: info@saderlawfirm.com About Samys OC Samys OC, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Kansas Case No. 24-11166) on Nov. 14, 2024, listing up to $50,000 in assets and $10 million to $50 million in liabilities. The petition was signed by Amro M. Samy as managing member. Judge Mitchell L. Herren presides over the case. Colin N. Gotham, at Evans & Mullinix, PA, serves as the Debtor's counsel. SAVI CONSTRUCTION: Construction and Real Estate Co. Seeks Ch. 11 ---------------------------------------------------------------- Riya Yadav of What Now reports that Savi Construction LLC has filed for Chapter 11 protection under Subchapter V, initiating a small-business restructuring case in the U.S. Bankruptcy Court for the Eastern District of California. The voluntary filing, made on Nov. 26, 2025, includes the company's financial disclosures and other required documentation. According to What Now, the California-based contractor, previously operating as Solutions Ramirez LLC, provides construction, remodeling, and related services across residential and commercial markets. In its petition, Savi lists estimated assets and liabilities of $100,001 to $1 million and reports its 20 largest unsecured creditors. A declaration from Jenny Ramirez confirming authority to file was also included. Court filings show that Savi must submit its Chapter 11 plan by February 24, 2026. The business has paid the $1,738 filing fee and filed additional documents, including ownership and address listings typical of Subchapter V cases. Despite these submissions, the court issued a Notice of Incomplete Filing due to a missing Master Equity Security Holder Address List. Savi must correct the deficiency by Dec. 10, 2025, or risk dismissal of its Chapter 11 proceeding, the report states. About Savi Construction LLC Savi Construction LLC, previously operating as Solutions Ramirez LLC, provides construction, remodeling, and related services across residential and commercial markets. Savi Construction LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Cal. Case No. 25-13979) on November 26, 2025. In its petition, the Debtor reports estimated assets and liabilities between $100,001 and $1 million each. SECOND STREET: May 26 Governmental Claims Bar Date -------------------------------------------------- On November 25, 2025, Second Street Sandwiches Inc. filed for Chapter 11 protection in the Eastern District of Missouri. According to court filings, the Debtor reports between $1 million and $10 million in debt owed to 1–49 creditors. The deadline for filing of government claims is on May 26, 2026. About Second Street Sandwiches, Inc. Second Street Sandwiches, Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mo., Case No. 25-44600) on November 25, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities in the same range. The case is assigned to Honorable Bankruptcy Judge Bonnie L. Clair. The Debtor is represented by Spencer P. Desai, Esq. of The Desai Law Firm, LLC. SHIFT4 PAYMENTS: S&P Rates New Repriced $1BB Term Loan B 'BB+' -------------------------------------------------------------- S&P Global Ratings assigned its 'BB+' issue-level rating and '1' recovery rating to Allentown, Pa.-based Shift4 Payments LLC's proposed repriced $1 billion term loan B. The '1' recovery rating indicates its expectation for very high (90%-100%; rounded estimate: 95%) recovery in the event of a default. In addition to the term loan repricing, the company announced its offering of EUR430 million of senior unsecured notes due 2033, which will be fungible with its existing senior unsecured notes. S&P's 'BB-' issue-level rating and '4' recovery rating on Shift4 Payments' unsecured notes are unchanged, indicating its expectation for average (30%-50%: rounded estimate: 30%) recovery in the event of a default. The company will use the proceeds from this issuance--along with cash on hand--for general corporate purposes, which could include debt repayment, funding potential share buybacks under its new $1 billion repurchase program, and funding future mergers and acquisitions. S&P said, "We continue to expect Shift4 Payments will improve its credit measures over the next year because the incremental notes issuance will be offset by the maturity of its convertible notes. The company's good cash flow profile will enable it to absorb the incremental interest burden of about $25 million (net of the term loan repricing) while maintaining a cushion relative to our downside threshold for the current rating (free operating cash flow to debt of at least 5%). "Our 'BB-' issuer credit rating and stable outlook on Shift4 are unchanged and reflect our expectation it will maintain its growth momentum while expanding its margins. The company recently reported an 18% increase in its organic revenue in the third quarter of 2025, including a nearly 30% expansion in its gross revenue when incorporating the contribution from its Global Blue acquisition. We expect the cross-selling opportunities provided by its recent acquisitions will likely support continued healthy growth. In addition, we continue to expect Shift4 will modestly improve its profit margin over the next couple of years." Issue Ratings--Recovery Analysis Key analytical factors -- The revolving credit facility and term loan B are secured by first-priority liens on substantially all the property and assets of Shift4 Payments LLC and guaranteed by its subsidiaries. -- The senior unsecured notes are issued by Shift4 Payments LLC, guaranteed on a senior unsecured basis by certain of Shift4's subsidiaries, and subordinated to the revolver and term loan. -- The convertible notes (not rated) are also senior unsecured obligations issued by Shift4 Payments Inc. and structurally subordinated to the senior unsecured notes. -- S&P's simulated default scenario considers a payment default in 2029 following prolonged weak economic conditions, a significant decline in merchant transaction volumes, and competitive incursions that lead to pricing pressure. -- S&P believes Shift4 would reorganize following a payment default based on its proprietary technologies and large merchant network. -- S&P values the company on a going-concern basis using a 7x multiple. Simulated default assumptions -- Year of default: 2029 -- EBITDA at emergence: $359 million -- Implied enterprise value multiple: 7x -- Gross enterprise value at emergence: $2.5 billion Simplified waterfall -- Net enterprise value (after 5% administrative costs): $2.4 billion -- Valuation split (obligors/nonobligors): 80%/20% -- Secured first-lien debt: $1.4 billion --Recovery expectations: 90%-100% (rounded estimate: 95%) -- Collateral value available to senior unsecured creditors: $1.0 billion -- Senior unsecured debt: $3.0 billion --Recovery expectations: 30%-50% (rounded estimate: 30%) SHILO INN BEND: Cash Collateral Hearing Set for Dec. 18 ------------------------------------------------------- The U.S. Bankruptcy Court for the Western District of Washington is set to hold a hearing on December 18 to consider granting Shilo Inn, Bend, LLC and Shilo Inn, Warrenton, LLC another extension to use cash collateral The Debtors were previously authorized to access cash collateral pursuant to the court's 14th interim order entered on November 24. The interim order authorized the Debtors to use cash collateral to pay the expenses set forth in their budget for the period from July 3 until the order ceases to be in full force and effect or until the occurrence of so-called termination events. The interim order granted secured creditors, RSS WFCM2015NXS4-OR SIB, LLC and RSS WFCM2016NXS5-OR SIW, LLC, a first priority post-petition security interest in and lien on all of the Debtors' assets, with the same priority, validity and extent as their pre-bankruptcy security interest and lien. It also authorized Shilo Inn, Bend to make monthly payments of $43,425.26 to RSS WFCM2015NXS4-OR SIB, and Shilo Inn, Warrenton to make monthly payments of $22,561.95 to RSS WFCM2016NXS5-OR SIW. The RSS creditors are represented by: David W. Criswell, Esq. James B. Zack, Esq. Ballard Spahr, LLP 601 SW Second Avenue, Suite 2100 Portland, OR 97204 Phone: 503.778.2100 Fax: 503.778.2200 criswelld@ballardspahr.com zackj@ballardspahr.com About Shilo Inn, Bend, and Shilo Inn, Warrenton Shilo Inn, an independently owned and operated hospitality company with locations in seven western states and Texas, operate Shilo Inn, Bend, LLC and Shilo Inn, Warrenton, LLC in Oregon. On August 13, 2021, the companies contemporaneously filed voluntary Chapter 11 petitions with the U.S. Bankruptcy Court for the Western District of Washington. The cases are jointly administered under Shilo Inn, Bend, LLC's case (Bankr. W.D. Lead Case No. 21-41340). Judge Mary Jo Heston presides over the cases. On the petition date, Shilo Inn, Bend estimated $10 million to $50 million in both assets and liabilities while Shilo Inn, Warrenton estimated $1 million to $10 million in both assets and liabilities. The petitions were signed by Mark Hemstreet as secretary of Shilo Bend Corp., the Debtors' manager. Levene, Neale, Bender, Yoo & Brill, LLP and Stoel Rives, LLP serve as the Debtors' general bankruptcy counsel and local counsel, respectively. SHILO INN OCEAN SHORES: Cash Collateral Hearing Set for Dec. 18 --------------------------------------------------------------- The U.S. Bankruptcy Court for the Western District of Washington is set to hold a hearing on December 18 to consider granting Shilo Inn, Ocean Shores, LLC and Shilo Inn, Nampa Suites, LLC another extension to use cash collateral. The Debtors were previously authorized to access cash collateral pursuant to the court's 19th interim order entered on November 24. The interim order authorized the Debtors to use cash collateral to pay the expenses set forth in their budget for the period from September 1 until the order ceases to be in full force and effect or until the occurrence of so-called termination events. The interim order granted secured creditor, RSS WFCM2016NXSS-WA SIOSN, LLC, a first priority post-petition security interest in and lien on all of the Debtors' assets, with the same priority, validity and extent as its pre-bankruptcy security interest and lien. It also approved the monthly payment of $29,900 from Shilo Inn, Ocean Shores and $16,100 from Shilo Inn, Nampa Suites. About Shilo Inn Hospitality companies Shilo Inn, Ocean Shores, LLC and Shilo Inn, Nampa Suites, LLC sought protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Wash. Lead Case No. 20-42348) on Oct. 15, 2020. At the time of filing, Shilo Inn, Ocean Shores disclosed assets of between $10 million and $50 million and liabilities of the same range. Shilo Inn, Nampa Suites disclosed $1 million to $10 million in both assets and liabilities. Judge Brian D. Lynch oversees the cases. The Debtors tapped Levene, Neale, Bender, Yoo & Brill L.L.P. as their bankruptcy counsel and Stoel Rives LLP as their local counsel. SILICON VALLEY: Secures Dismissal of Cayman Deposit Suit -------------------------------------------------------- Katryna Perera of Law360 Bankruptcy Authority reports that a California federal judge has permanently dismissed a lawsuit filed against the Federal Deposit Insurance Corp. by liquidators of Silicon Valley Bank's Cayman Islands branch. The court held that the liquidators lacked standing to pursue claims against the agency. The judge also ruled that the liquidators were attempting to revive issues already resolved in bankruptcy court, and therefore were barred from relitigating those matters. The decision ends the case in its entirety, the report states. About Silicon Valley Bank Silicon Valley Bank was the nation's 16th largest bank and the biggest to fail since the 2008 financial meltdown. During the week of March 6, 2023, Silicon Valley Bank, Santa Clara, CA, experienced a severe "run-on-the-bank." On the morning of March 10, 2023, the California Department of Financial Protection and Innovation seized SVB and placed it under the receivership of the Federal Deposit Insurance Corporation (FDIC). The FDIC on March 13, 2023, disclosed that it transferred all deposits -- both insured and uninsured -- and substantially all assets of the former Silicon Valley Bank of Santa Clara, California, to a newly created, full-service FDIC-operated "bridge bank" in an action designed to protect all depositors of Silicon Valley Bank. SVB Financial Group is a financial services company focusing on the innovation economy, offering financial products and services to clients across the United States and in key international markets. Prior to March 10, 2023, SVB Financial Group owned and operated Silicon Valley Bank, a state-chartered bank. On March 17, 2023, SVB Financial Group sought Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Case No. 23-10367). The Hon. Martin Glenn is the bankruptcy judge. The Debtor had assets of $19,679,000,000 and liabilities of $3,675,000,000 as of Dec. 31, 2022. Centerview Partners LLC is proposed financial advisor, Sullivan & Cromwell LLP proposed legal counsel and Alvarez & Marsal proposed restructuring advisor to SVB Financial Group as debtor-in-possession. Kroll is the claims agent. On June 13, 2023, a collective of depositors of the Silicon Valley Bank (Cayman Islands Branch) filed a petition with the Court seeking an order that SVB Cayman be wound up and liquidators be appointed under the provisions of the Companies Act (2023 Revision) on the grounds that the Company is insolvent. On June 29, 2023, the Grand Court of the Cayman Islands appointed Andrew Childe and Michael Pearson of FFP limited in the Cayman Islands and Niall Ledwidge from Stout in New York, United States as Joint Official Liquidators of SVB Cayman. Liquidators of Silicon Valley Bank (Cayman Islands) filed a Chapter 15 bankruptcy petition (Bankr. S.D.N.Y. Case No. 24-10076) on Jan. 18, 2024. The Liquidators' counsel in the U.S. case is Warren E. Gluck, Esq. at Holland & Knight LLP. SILVERLINE MECHANICAL: Gets Interim OK to Use Cash Collateral ------------------------------------------------------------- Silverline Mechanical, LLC received interim approval from the U.S. Bankruptcy Court for the Eastern District of Texas, Sherman Division, to use cash collateral. The court authorized the Debtor to use cash collateral to pay the expenses set forth in its budget pending a further hearing on December 16. As adequate protection, creditors that may have a lien on the cash collateral will be granted replacement liens on all cash collateral generated and property acquired by the Debtor after the petition date. These replacement liens will have the same validity, priority and extent as the creditors' pre-bankruptcy liens and do not apply to any Chapter 5 causes or action or their proceeds. The interim order is available at https://is.gd/XGlLV0 from PacerMonitor.com. The Debtor has identified secured creditors with UCC filings, including Corporation Service Company, CT Corporation System, Suncoast Funding Group, LLC, and Funding Metrics. Consent from all lienholders could not be obtained due to the emergency nature of the request, according to the Debtor. About Silverline Mechanical LLC Silverline Mechanical, LLC provides commercial electrical and HVAC contracting services. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Tex. Case No. 25-43475) on November 16, 2025. In the petition signed by Derek Silvers, president, the Debtor disclosed up to $500,000 in both assets and liabilities. Judge Brenda T. Rhoades oversees the case. David Ritter, Esq., at Ritter Spencer PLLC, represents the Debtor as legal counsel. SILVERROCK DEVELOPMENT: Seeks to Extend Exclusivity to Feb. 5, 2026 ------------------------------------------------------------------- SilverRock Development Company, and affiliates asked the U.S. Bankruptcy Court for the District of Delaware to extend their exclusivity periods to file a plan of reorganization and obtain acceptance thereof to February 5, 2026 and April 5, 2026, respectively. The Debtors explain that these chapter 11 cases are large and complex. Most recently, the Debtors have been required to expend further time and attention dealing with the myriad issues related to the Appeal and the stay motions. Moreover, in addition to conducting the sale process, the Debtors and their professionals are prosecuting several adversary proceedings concerning certain purportedly secured creditors, responding to filings that violate the automatic stay, and reviewing filed claims. Additionally, concurrently with the filing of this Motion, the Debtors have filed a chapter 11 plan and related disclosure statement. Versions of the Plan and Disclosure Statement have been negotiated among the Debtors and certain of their creditors and major stakeholders in advance of filing and the Debtors are optimistic that any objections related to the Plan and Disclosure Statement will be able to be consensually resolved among the parties. The Debtors claim that they are not seeking a further extension of the Exclusive Periods to pressure or prejudice any of their stakeholders. As noted, the Debtors have worked diligently and in good faith with various parties in connection with the sale process and the resolution of ongoing matters pertaining to these chapter 11 cases, including with respect to the Sale Order, the Appeal, and most recently, the concurrently filed Plan and Disclosure Statement. The Debtors note that the extension of the Exclusive Periods requested by this Motion is intended to give the Debtors and their advisors time to focus their attention on issues related to the Appeal and the prosecution of the Plan and Disclosure Statement. The Debtors intend to continue discussing the Plan with creditors and remain available to discuss and resolve concerns regarding the proposed treatment of claims or interests and Plan. The Debtors assert that the relief requested by the Motion should be granted because (i) the Debtors continue to timely pay their undisputed post-petition obligations and (ii) the Debtors have made good faith progress in their chapter 11 cases. In addition to the Debtors' efforts related to the sale process, the Debtors negotiated an amendment to their debtor-in-possession financing facility (the "DIP Facility") provided by the City, which provides access to up to $2 million in addition subordinated financing and a credit of $2.25 million of the preexisting DIP Facility. The Debtors further assert that they have removed not less than $42.8 million of secured encumbrances on their property by negotiating "unwind" agreements with twenty-two parties whose security interests were believed by the Debtors to constitute avoidable preferences. As noted, the Debtors filed an initial allocation proposal in August 2025 and have continued to discuss issues related to allocation with various parties in these cases for the last several months. The Debtors believe that the requested extension of the Exclusive Periods will afford them a meaningful opportunity to defend entry of the Sale Order, obtain dismissal of the Appeal, work to resolve comments and concerns regarding the Plan and Disclosure Statement, and to address various other ongoing matters in these cases without prejudice to parties in interest. Counsel to the Debtors: ARMSTRONG TEASDALE LLP Jonathan M. Stemerman, Esq. Eric M. Sutty, Esq. 1007 North Market Street, Third Floor Wilmington, Delaware 19801 Telephone: (302) 416-9670 Email: jstemerman@atllp.com esutty@atllp.com -and- Victor A. Vilaplana, Esq. 823 La Jolla Rancho Rd. La Jolla, CA 92037 Telephone: (619) 840-4130 Email: vavilaplana@g -and- Benjamin M. Carson, Esq. 5965 Village Way, STE E105 San Diego, CA 92130 Telephone: (858) 255-4529 Email: ben@benjamincarsonlaw.com About SilverRock Development Company SilverRock Development Company, LLC, is a San Diego, Calif.-based company primarily engaged in renting and leasing real estate properties. SilverRock filed Chapter 11 petition (Bankr. D. Del. Lead Case No. 24-11647) on Aug. 5, 2024, with $100 million to $500 million in both assets and liabilities. Robert S. Green, Jr., chief executive officer, signed the petition. Judge Mary F. Walrath handles the case. The Debtor is represented by Jonathan M. Stemerman, Esq., at Armstrong Teasdale. SOLUSCIENCE INC: Colorado-Based Co. Seeks Subchapter V Bankruptcy ----------------------------------------------------------------- Riya Singh of What Now reports that SoluScience Inc. has entered Chapter 11 bankruptcy as it works to stabilize its finances and continue operating while restructuring its debts. The filing marks a strategic step for the Colorado-based company as it seeks court protection during its reorganization. On November 26, 2025, SoluScience Inc. filed a voluntary petition under Subchapter V of Chapter 11 in the U.S. Bankruptcy Court for the District of Colorado. The company develops soaps, cleaning compounds, and pharmaceutical-enhancing ingredients designed to improve drug delivery and wellness formulations, according to report. The petition reveals that the business is experiencing financial difficulties, with liabilities significantly outweighing its assets. Subchapter V helps small businesses streamline restructuring while maintaining daily operations, allowing SoluScience to continue its research and production activities. Attorney Lawrence N. Rogak filed the petition on behalf of the company. According to the filing, SoluScience lists 1–49 creditors and estimates assets between $50,001 and $100,001 against liabilities of $500,001 to $1 million. The company submitted required documents, including its creditor list and a proposed reorganization strategy, and paid the $1,738 filing fee. Upon court approval, SoluScience will move forward under a supervised repayment plan. The case is under Case Number 25-17816. According to SoluScience Inc. SoluScience Inc. is a Colorado-based soap and cleaning compound manufacturer. SoluScience Inc. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Col. Case No. 25-17816) on November 26, 2025. In its petition, the Debtor reports assets between $50,001 and $100,001 against liabilities of $500,001 to $1 million. The Debtor is represented by Lawrence N. Rogak, Esq. of Lawrence N. Rogak LLC. STONEWALL CONSTRUCTION: Hires Magee Goldstein Lasky as Attorney --------------------------------------------------------------- Stonewall Construction Group, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Virginia to hire Magee Goldstein Lasky & Sayers, P.C. as its attorneys. The firm's services include: a. advising the Debtor with respect to its powers and duties as debtor in possession in the continued management of its business and properties; b. advising and consulting on the conduct of the Bankruptcy Case, including all of the legal and administrative requirements of operating in chapter 11; c. attending meetings and negotiating with representatives of Debtor's creditors and other parties in interest; d. taking all necessary action to protect and preserve the Debtor's estate, including prosecuting actions on the Debtor's behalf, defending any actions commenced against the Debtor, and representing the Debtor's interests in negotiations concerning all litigation in which the Debtor is involved, including objections to claims filed against the Debtor's estates; e. preparing all pleadings, including motions, applications, answers, orders, reports, and papers necessary or otherwise beneficial to the administration of the Debtor's estate; f. representing the Debtor in connection with obtaining post-petition financing, if necessary; g. advising the Debtor in connection with any potential sale of assets; h. appearing before the Court to represent the interests of the Debtor's estate before the Court; i. taking any necessary action on behalf of the Debtor to negotiate, prepare on behalf of the Debtor, and obtain approval of a chapter 11 plan and documents related thereto; and j. performing all other necessary or otherwise beneficial legal services to the Debtor in connection with prosecution of this Bankruptcy Case, including (i) analyzing the Debtor's leases and contracts and the assumptions, rejections, or assignments thereof, (ii) analyzing the validity of liens against the Debtor; and (iii) advising the Debtor on corporate and litigation matters. The firm's hourly rates are: Attorneys $425 Paralegal $115 Prior to the Petition Date, the firm received $10,000 plus the filing fee of $1,738 from the Debtor. As of the Petition Date, $5,769.50 is in the Debtor's retainer account at Magee. As disclosed in the court filings, Magee Goldstein Lasky & Sayers is a "disinterested person" within the meaning of section 101(14) of the Bankruptcy Code, as required by section 327(a) of the Bankruptcy Code. The firm can be reached through: Jennifer Gillispie, Esq. Andrew S. Goldstein, Esq. Magee Goldstein Lasky & Sayers, P.C. PO Box 404 Roanoke, VA 24003-0404 Telephone: (540) 529-1609 Facsimile: (540) 343-9898 About Stonewall Construction Group, LLC Stonewall Construction Group, LLC sought protection for relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Va. Case No. 25-61397) on November 18, 2025, listing $100,001 to $500,000 in both assets and liabilities. Andrew S Goldstein, Esq. at Magee Goldstein Lasky & Sayers, P.C. represents the Debtor as counsel. TECHNOMECH INC: Jerrett McConnell Named Subchapter V Trustee ------------------------------------------------------------ The Acting U.S. Trustee for Region 21 appointed Jerrett McConnell, Esq., at McConnell Law Group, P.A. as Subchapter V trustee for Technomech Inc. of Maryland. Mr. McConnell will be paid an hourly fee of $350 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. McConnell declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Jerrett M. McConnell, Esq. McConnell Law Group, P.A. 6100 Greenland Rd., Unit 603 Jacksonville, FL 32258 Phone: (904) 570-9180 info@mcconnelllawgroup.com About Technomech Inc. of Maryland Technomech Inc. of Maryland sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-04339) on November 23, 2025, with $100,001 to $500,000 in assets and liabilities. Judge Jason A. Burgess handles the case. Byron Wright, III, Esq., at Bruner Wright, P.A. represents the Debtor as legal counsel. TELLICO RENTALS: Property Sale to Jamie Standridge OK'd ------------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of Tennessee has approved Tellico Rentals LLC to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 179 Rafter Rd, Tellico Plains, Monroe County, TN 37385. The sale is a by private sale and the lienholders of the Property are the State of Tennessee Department of Revenue and the Deed of Trust lien of Mary Jane Saunders. The Court has authorized the Debtor to sell the Property to Jamie Standridge for the sum of $230,000.00. The Court held that all closing costs, realtor's commissions, and real property taxes associated with the Property shall be paid in full at closing. All net proceeds remaining after payment of realtor's commissions, closing costs, and real property taxes shall be remitted to creditor Mary Jane Saunders in exchange for a partial release of the Deed of Trust recorded with the Monroe County Register of deeds. Secured Creditor Tennessee Department of Revenue shall not receive any proceeds from sale of the Property at closing, however, their lien recorded with the Monroe County Register of deeds at Book M332, Page 632 remains intact as to all other property of the Debtor. Skyway Title shall send Debtor's attorney a copy of the final settlement statement within ten days after closing. The Debtor shall set aside sufficient funds to cover applicable U.S. Trustee fees, in the approximate amount of $920. About Tellico Rentals LLC Tellico Rentals, LLC offers cabin rental services in Tellico Plains, Tennessee. It provides a range of accommodations, including riverfront lodges, group cabins, and pet-friendly units near the Cherohala Skyway and Tellico River. Tellico Rentals sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Tenn. Case No. 25-12707) on October 9, 2025, listing up to $50,000 in assets and between $500,001 and $1 million in liabilities. On October 30, 2025, the case was transferred from the Southern Division to the Northern Division and was assigned a new case number (Case No. 25-32044). Judge Suzanne H. Bauknight oversees the case. The Debtor is represented by W. Thomas Bible, Jr., Esq., in Chattanooga, Tennessee. THUNDER SUN: Voluntary Chapter 11 Case Summary ---------------------------------------------- Debtor: Thunder Sun Inc. d/b/a Thunder Sun Homes 3817 62nd Drive Lubbock, TX 79413 Business Description: Thunder Sun Inc. offers real estate-related services, including property management, appraisal, and other support activities, primarily operating in Lubbock, Texas, and nearby regions. Chapter 11 Petition Date: December 2, 2025 Court: United States Bankruptcy Court Northern District of Texas Case No.: 25-50338 Debtor's Counsel: Tara T. LeDay, Esq. HUSCH BLACKWELL LLP 111 Congress Avenue, Suite 1400 Austin, TX 78701 Tel: 512-479-1141 E-mail: tara.leday@huschblackwell.com Estimated Assets: $10 million to $50 million Estimated Liabilities: $10 million to $50 million The petition was signed by Austin Randall Hughes as president. The petition was filed without the Debtor's list of its 20 largest unsecured creditors. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/PFKN5AA/Thunder_Sun_Inc__txnbke-25-50338__0001.0.pdf?mcid=tGE4TAMA TOTAL COLLECTION: Seeks to Hire BFSNG Law Group as Legal Counsel ---------------------------------------------------------------- Total Collection Services Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York to employ BFSNG Law Group to handle its Chapter 11 case. The firm will be paid at these hourly rates: Robert L. Pryor, Partner $725 Gary C. Fischoff, Partner $685 Heath S. Berger, Partner $585 Mark E. Cohen, Of Counsel $550 Dawn Traina, Paralegal $210 Angeligue Filardi, Paralegal $210 In addition, the firm will seek reimbursement for expenses incurred. The firm received a retainer of $50,000 plus $1,738 filing fee from the Debtor. Heath Berger, Esq., an attorney at BFSNG Law, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Heath S. Berger, Esq. BFSNG Law Group, LLP 6851 Jericho Turnpike, Suite 250 Syosset, NY 11791 Telephone: (516) 747-1136 Email: hberger@bfslawfirm.com About Total Collection Services Inc. Based in Port Jefferson Station, New York, Total Collection Services, Inc. provides commercial garbage collection and recycling services in Suffolk County and operates as a sanitation company. Total Collection Services sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 25-73838) on October 3, 2025. In its petition, the Debtor reports total assets of $3,018,785 and total liabilities of $5,842,117. Honorable Bankruptcy Judge Sheryl P. Giugliano handles the case. The Debtor is represented by Health S. Berger, Esq., at BFSNG Law Group, LLP. TPI COMPOSITES: Reaches Tentative Pre-Chapter 11 Uptier Suit Deal ----------------------------------------------------------------- Clara Geoghegan of Law360 Bankruptcy Authority reports that TPI Composites Inc. announced it has reached a tentative agreement with its senior lender and the creditors' committee following a hearing in a Texas bankruptcy court. The judge expressed uncertainty about how the committee's lawsuit challenging an uptier transaction, along with TPI's opposition to the litigation, might impact the company's Chapter 11 case. The proposed deal aims to resolve disputes between TPI, its creditors, and the committee, providing a clearer path for the company to move forward with its restructuring. TPI emphasized that the agreement is preliminary and subject to final court approval, the report states. About TPI Composites, Inc. TPI Composites -- https://tpicomposites.com/ -- is a leading wind-blade manufacturer and the only independent wind blade manufacturer with a global footprint. TPI Composites Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 25-34655) on August 11, 2025. The company listed $500 million to $1 billion in estimated assets, along with $1 billion to $10 billion in estimated liabilities. Honorable Bankruptcy Judge Christopher M. Lopez handles the case. The Debtor is represented by Gabriel Adam Morgan, Esq. at Weil, Gotshal & Manges LLP. Oaktree Capital Management L.P., as DIP agent, is represented by William A. (Trey) Wood III, Esq. at Bracewell, LLP. TRASK RADIO: Hires McGrail & Bensinger LLP as Bankruptcy Counsel ---------------------------------------------------------------- Trask Radio LLC and Advanced Aerospace LLC d/b/a Balcon Salon seek approval from the U.S. Bankruptcy Court for the Southern District of New York to hire McGrail & Bensinger LLP as their bankruptcy counsel. The firm's services include: a. advise and consult the Debtors on the conduct of these chapter 11 cases, including all of the legal and administrative requirements of operating in chapter 11; b. attend meetings and negotiate with representatives of creditors and other parties in interest; c. take all necessary actions to protect and preserve the Debtors' estates; d. prepare pleadings in connection with these chapter 11 cases, including motions, applications, answers, orders, reports, and papers necessary or otherwise beneficial to the administration of the Debtors' estates; e. appear before the Court and any appellate courts to represent the interests of the Debtors' estates; f. take any necessary action on the Debtors' behalf to negotiate, prepare, and obtain approval of a disclosure statement and confirmation of a chapter 11 plan and all documents related thereto; and g. perform all other necessary legal services for the Debtors in connection with the prosecution of these chapter 11 cases. The hourly rates charged by the firm's attorneys and paralegals are: Partners $725 to $775 Counsel $675 Associates $495 to $595 Paralegals $195 The firm received a retainer in the amount of $100,000. Ilana Volkov, Esq., a partner at McGrail & Bensinger, disclosed in a court filing that his firm neither holds nor represents any interest adverse to the Debtor's estate and creditors. The firm can be reached through: Ilana Volkov, Esq. McGrail & Bensinger, LLP 888-C Eighth Avenue, Suite 107 New York, NY 10019 Phone: (201) 931-6910 Email: ivolkov@mcgrailbensinger.com About Trask Radio LLC Trask Radio LLC is a limited liability company. Trask Radio LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-12431) on October 31, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $10 million and $50 million. The Debtor is represented by Ilana Volkov, Esq., of McGrail & Bensinger LLP. TRASK RADIO: Seeks Approval to Hire CFGI LLC as Financial Advisor ----------------------------------------------------------------- Trask Radio LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of New York to hire CFGI, LLC, as financial advisor. The firm will render these services: a. assist the Debtors with coordination and management of the restructuring activities of the Debtors, including communication with their secured creditors, their professionals, and other third-party creditors, as necessary; b. assist the Debtors in ascertaining and providing advice on the reasonableness and feasibility of the Debtors' business plans, including financial projections; c. assist the Debtors and counsel in developing proposals and negotiating with creditors; d. assist with the preparation of 13-week cash flow budgets; e. assist with the preparation of long-term projections; f. assist with the preparation of weekly reporting, if necessary; and g. assist the Debtors with any other consulting services, as requested by them. The firm's billing rates are: Subject Matter Expert $810 Partner $810 Director/Managing Director $625 Senior Manager $495 Manager $400 Consultant $350 CFGI will seek reimbursement for actual and necessary out-of-pocket expenses. CFGI holds a retainer in the amount of $22,575. Joseph Baum, a managing partner at CFGI, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Joseph Baum CFGI, LLC 1 Lincoln Street, Suite 1301 Boston, MA 02111 Telephone: (646) 360-2850 Email: jbaum@cfgi.com About Trask Radio LLC Trask Radio LLC is a limited liability company. Trask Radio LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-12431) on October 31, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $10 million and $50 million. The Debtor is represented by Ilana Volkov, Esq., of McGrail & Bensinger LLP. TRINITY REALTY: Case Summary & Six Unsecured Creditors ------------------------------------------------------ Debtor: Trinity Realty Corp. 2414 University Ave Bronx, NY 10468 Business Description: Trinity Realty Corp. is a real estate lessor with its main properties located at 2414 and 2340 University Avenue in the Bronx, New York. Chapter 11 Petition Date: December 2, 2025 Court: United States Bankruptcy Court Southern District of New York Case No.: 25-12690 Judge: Hon. Lisa G. Beckerman Debtor's Counsel: H Bruce Bronson, Esq. BRONSON LAW OFFICES PC 480 Mamaroneck Ave Harrison, NY 10528-1621 Tel: (914) 269-2530 Fax: (888) 908-6906 E-mail: hbbronson@bronsonlaw.net Total Assets: $1,969,497 Total Liabilities: $250,000 The petition was signed by Philip Phan as president. A full-text copy of the petition, which includes a list of the Debtor's six unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/5Y42BJA/Trinity_Realty_Corp__nysbke-25-12690__0001.0.pdf?mcid=tGE4TAMA TXNM ENERGY: S&P Rates Junior Subordinated Notes Due 2056 'BB+' --------------------------------------------------------------- S&P Global Ratings assigned its 'BB+' issue-level rating to Albuquerque, N.M.-based TXNM Energy Inc.'s $350 million fixed-to-fixed reset rate junior subordinated notes due 2056. The company intends to use the net proceeds from this issuance to repay short-term debt and for general corporate purposes, including to contribute to its subsidiaries. S&P said, "We classify these notes as hybrid securities with intermediate equity content (50%). This reflects their permanence, subordination, and deferability features. In line with our criteria, we will reclassify the notes as having no equity content after 2036, because the remaining period until maturity will be less than 20 years. Pro forma for this issuance, hybrid securities will account for about 10% of TXNM's capitalization, which is below the 15% maximum threshold in our criteria. "We rate these securities two notches below our 'BBB' long-term issuer credit rating on TXNM Energy to reflect their subordination and management's ability to defer the interest payments on the instrument. All our existing ratings on TXNM Energy and its subsidiaries are unchanged. "The long-term nature of the junior subordinated notes, along with the company's limited ability and lack of incentives to redeem the issuance for a long-dated period, meet our standards for permanence. While the coupon floor feature of the notes provides TXNM with less protection against some interest rate and refinancing scenarios than equivalent hybrids that don't have a floor, we expect it would replace this instrument with an equivalent or stronger form of equity before potential redeeming it to maintain a similar layer of capital to absorb losses or conserve cash." Redeeming the notes without replacing them with an equivalent or stronger form of equity would likely preclude future equity credit, all else being equal. The hybrid securities are subordinated to all of the company's existing and future senior debt obligations, thereby satisfying the condition for subordination. In addition, the interest payments are deferrable, which fulfills the deferability element. Management has also underscored its willingness to maintain the instrument as part of its permanent capital structure. VALMONT HOLDINGS: Section 341(a) Meeting of Creditors on Dec. 29 ---------------------------------------------------------------- On December 01, 2025, Valmont Holdings Inc. voluntarily filed for Chapter 11 protection in the Central District of California. Court records indicate the Debtor has debts ranging from $1 million to $10 million owed to 1-49 creditors. A meeting of creditors under Section 341(a) to be held on December 29, 2025 at 11:30 AM at UST-LA2, TELEPHONIC MEETING. CONFERENCE LINE:1-888-330-1716, PARTICIPANT CODE:8009991. About Valmont Holdings Inc. Valmont Holdings Inc. engages in real estate development and management, focusing on its primary property at 27417 Park Vista Rd in Agoura Hills, California, which is valued at approximately $6 million. Valmont Holdings Inc. filed for relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 25-20756) on December 01, 2025, reporting estimated assets and liabilities between $1 million and $10 million. The case is assigned to Honorable Bankruptcy Judge Barry Russell. The Debtor is represented by Gary Kurtz, Esq. of Law Office of Gary Kurtz. VIB TRANS: Seeks to Hire Gutnicki LLP as Co-Bankruptcy Counsel -------------------------------------------------------------- VIB Trans, Inc. seeks approval from the U.S. Bankruptcy Court for the Northern District of Illinois to hire Gutnicki LLP as co-bankruptcy counsel. The firm's services include: (a) negotiation with creditors; (b) preparation of a plan; (c) examining and resolving claims filed against the estate; (d) preparation and prosecution of adversary proceedings, if any; (e) preparation of pleadings filed in the case; (f) interaction with the U.S. Trustee; (g) attendance at court hearings; and (h) representation of the Debtor in matters before the Court. Miriam Stein Gran, Of Counsel of Gutnicki LLP, has agreed to voluntarily reduce her normal hourly rate to $450 per hour for this case. The attorney rates at Gutnicki LLP range from $345 per hour to $850 per hour. Ms. Granek disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Miriam Stein Granek, Esq. Gutnicki LLP 4711 Golf Road, Suite 200 Skokie, IL 60076 Telephone: (847) 745-6592 Email: mgranek@gutnicki.com About VIB Trans Inc. VIB Trans, Inc. operates as a freight transportation company based in Illinois, providing interstate cargo hauling services across the United States. It maintains a fleet of trucks and trailers, including Volvo, Freightliner, Kenworth, Mack, and Wabash units, to move general freight for commercial clients. VIB Trans filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-16602) on October 28, 2025, with $1,285,794 in assets and $3,047,598 in liabilities. Nevena Batachka, president of VIB Trans, signed the petition. Judge Jacqueline P. Cox presides over the case. David Freydin, Esq., at the Law Offices of David Freydin represents the Debtor as bankruptcy counsel. VILLAGE OAKS: Trustee Gets OK to Hire GlassRatner as Sale Advisor ----------------------------------------------------------------- Lisa Holder, the trustee appointed in the Chapter 11 cases of Village Oaks Senior Care, LLC and El Dorado Senior Care, LLC, received approval from the U.S. Bankruptcy Court for the Eastern District of California to employ GlassRatner Advisory & Capital Group LLC as asset sale advisor. The firm will provide asset sale services on an exclusive basis to conduct a sale process of the assets: (a) The El Dorado Properties; (b) The El Dorado Business; (c) The St. Andrews Property; and (d) The Village Oaks Business. The firm will be paid at these following fees: (a) Transaction Advisory Fee, for the Going-Concern Assets Sale, of 5 percent of the gross transaction value from the sale of all or any part of the asset; (b) Minimum Transaction Advisory Fee of $200, as an administrative expense, subject to the approval of the court. In addition, the firm will seek reimbursement for expenses incurred. Seth Freeman, a financial advisor at GlassRatner, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Seth R. Freeman GlassRatner Advisory & Capital Group LLC 3445 Peachtree Road, Suite 1225 Atlanta, GA 30326 About Village Oaks Senior Care Village Oaks Senior Care, LLC, a company in El Dorado Hills, Calif., owns and operates community care facilities for the elderly. Village Oaks Senior Care filed Chapter 11 petition (Bankr. E.D. Cal. Case No. 24-22206) on May 21, 2024, with total assets of $1,440,832 and total liabilities of $3,369,013 as of Dec. 31, 2023. Lisa Holder, Esq., a practicing attorney in Bakersfield, Calif., serves as Subchapter V trustee. Judge Christopher D. Jaime oversees the case. D. Edward Hays, Esq., at Marshack Hays Wood, LLP is the Debtor's counsel. VINTAGE RESTORATION: Seeks Subchapter V Bankruptcy in Texas ----------------------------------------------------------- On December 1, 2025, Vintage Restoration Services LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of Texas. According to court filings, the Debtor reports between $100,001 and $1,000,000 in both assets and liabilities, with 1–49 creditors. About Vintage Restoration Services LLC Vintage Restoration Services LLC is a limited liability company. Vintage Restoration Services LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex., Case No. 25-44658) on December 1, 2025. In its petition, the Debtor reports estimated assets between $100,001 and $1,000,000 and estimated liabilities in the same range. Honorable Judge Mark X. Mullin presides over the case. WATERBOY SPORTS: L. Todd Budgen Named Subchapter V Trustee ---------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed L. Todd Budgen, Esq., a practicing attorney in Longwood, Fla., as Subchapter V trustee for Waterboy Sports, LLC. Mr. Budgen will be paid an hourly fee of $400 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Budgen declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: L. Todd Budgen, Esq. P.O. Box 520546 Longwood, FL 32752 Tel: (407) 232-9118 Email: Todd@C11Trustee.com About Waterboy Sports LLC Waterboy Sports, LLC designs and manufactures hydration systems used in athletic programs and other industries, producing power assisted, chiller, in-line and gravity-fed units. The company develops its equipment based on input from athletic trainers, coaches and athletes to address on-field hydration needs. It operates as a specialized supplier of mobile and fixed hydration solutions. Waterboy Sports filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-07635) on November 24, 2025, listing up to $50,000 in assets and between $1 million and $10 million in liabilities. Robert J. Mercer, sole managing member, signed the petition. Daniel A. Velasquez, Esq., at Latham, Luna, Eden & Beaudine, LLP represents the Debtor as legal counsel. WEST RIDGE: Seeks to Hire Barth & Thompson as Local Counsel ----------------------------------------------------------- West Ridge, Inc. and its affiliates seek approval from the U.S. Bankruptcy Court for the Northern District of West Virginia to employ Barth & Thompson as local counsel. The firm will provide these services: (a) advise the Debtors with respect to their duties in these cases and the management of assets: (b) take all necessary action to protect and preserve the Debtors' estates; (c) prepare, on behalf of the Debtors, all necessary legal papers in connection with the administration their estates; (d) perform any and all other legal services for the Debtors in connection with these Chapter 11 cases; (e) assist the Debtors in the preparation of and the filing of a plan of reorganization at the earliest possible date; and (f) perform such legal service as the Debtors may request with respect to any matter appropriate to assist them in their effort to reorganize. The firm's counsel and staff will be paid at these hourly rates: Stephen Thompson, Partner $500 J. Nicholas Barth, Partner $500 Christine Allen, Paralegal $200 Debra Hutcheson, Paralegal $200 In addition, the firm will seek reimbursement for expenses incurred. Mr. Thompson disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Stephen Thompson, Esq. Barth & Thompson P.O. Box 129 Charleston, WV 25321 Telephone: (304) 342-7111 Facsimile: (304) 342-6215 Email: sthompson@barth-thompson.com About West Ridge West Ridge, Inc. engaged in real estate development and management in Morgantown, West Virginia, operating under a unified management structure. West Ridge and affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. W. Va. Lead Case No. 25-00451) on August 18, 2025. In its petition, West Ridge reported estimated assets between $10 million and $50 million and estimated liabilities between $50 million and $100 million. Honorable Bankruptcy Judge David L. Bissett handles the cases. The Debtors tapped David B. Salzman, Esq., at Campbell & Levine, LLC as bankruptcy counsel and Barth & Thompson as local counsel. WESTSIDE TOW: Seeks to Tap Terzian Law Group as Bankruptcy Counsel ------------------------------------------------------------------ Westside Tow & Transport Inc. seek approval from the U.S. Bankruptcy Court for the Central District of California to employ Terzian Law Group as counsel. The firm will render these services: (a) advise the Debtor with regard to the Bankruptcy Court, Bankruptcy Code, Bankruptcy Rules and assist regarding compliance with the requirements of the Office of the United States Trustee; (b) advise the Debtor with regards to certain rights and remedies of its bankruptcy estate and rights, claims and interest of creditors; (c) represent the Debtor in any proceedings or hearings in the Bankruptcy Court involving its estates unless it is represented in such proceeding or hearing by other special counsel; (d) conduct examinations of witnesses, claimants or adverse parties and prepare and assist in the preparation of reports, accounts and pleadings; (e) prepare and assist the Debtor in the preparation of reports, applications, pleadings and other; (f) assist the Debtor in negotiation, formulation, confirmation and implementation of a Chapter 11, and implementation of the plan; and (g) perform any other services which may be appropriate of the firm's representation of the Debtor during its bankruptcy case. The firm will be paid at these hourly rates: Tamar Terzian, Attorney $650 Associates $250 Law Clerks/Paralegal $175 In addition, the firm will seek reimbursement for expenses incurred. The firm requested $15,000 retainer for initial fees and expenses for representation from the Debtor. Ms. Terzian disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Tamar Terzian, Esq. Terzian Law Group 1122 East Green Street, Suite 210 Pasadena, CA 91106 Telephone: (818) 242-1100 Facsimile: (818) 242-1012 Email: tamar@terzlaw.com About Westside Tow & Trucking Inc. Westside Tow & Trucking Inc. is a Los Angeles area towing and trucking company. Westside Tow & Trucking sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-11352) on October 8, 2025. In its petition, the Debtor reported between $1 million and $10 million in assets and liabilities. Honorable Bankruptcy Judge Ronald A. Clifford III handles the case. The Debtor is represented by Tamar Terzian, Esq., at Terzian Law Group. WESTVIEW BAPTIST: Seeks to Extend Exclusivity to March 17, 2026 --------------------------------------------------------------- Westview Baptist Church Inc. asked the U.S. Bankruptcy Court for the Southern District of Florida to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to March 17, 2026 and May 18, 2026, respectively. The Debtor explains that it needs additional time to move toward plan confirmation. This is the first request for the extension of the exclusivity period. Pursuant to Section 1121(e) of the Bankruptcy Code, the Debtor requests the extension of the exclusivity period granted under Section 1121(e) of the Bankruptcy Code in an abundance of caution for an additional 90-day period, or until March 17, 2026, for Debtor's exclusive period for the filing of its Chapter 11 Plan and disclosure statement and extending the solicitation period accordingly to May 18, 2026. Westview Baptist Church Inc. is represented by: Ariel Sagre, Esq. Sagre Law Firm PA 5201 Blue Lagoon Drive, Suite 892 Miami, FL 33126 Telephone: (305) 266-5999 Facsimile: (305) 265-6223 About Westview Baptist Church Inc. Westview Baptist Church Inc. is a not-for-profit Southern Baptist congregation based in Miami, Florida, providing religious services and community outreach programs. Its activities include worship services, educational ministries, and neighborhood engagement initiatives. Westview Baptist Church Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-19573) on August 19, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $100,000 and $500,000. Honorable Bankruptcy Judge Corali Lopez-Castro handles the case. The Debtor is represented by Ariel Sagre, Esq. at SAGRE LAW FIRM, P.A. WJH CONSTRUCTION: Hires Center City Law Offices as Legal Counsel ---------------------------------------------------------------- WJH Construction, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of Pennsylvania to hire Center City Law Offices, LLC as its counsel. The firm will provide these services: (a) prepare all papers required to be filed in connection with this bankruptcy proceeding; (b) give the Debtor legal advice with respect to its powers and duties; (c) represent the Debtor at its Initial Debtor Interview, its first meeting of creditors, all status hearings, confirmation hearings and any Rule 2004 examinations; (d) prepare on behalf of the Debtor all necessary legal papers; and (e) perform all other legal services for the Debtor as may be required and necessary in the continued administration of this case. The firm's principal will be paid at an hourly rate of $300. The firm received an initial retainer in the amount of $7,000. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Maggie S. Soboleski, Esq., an attorney at Center City Law Offices, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Maggie S. Soboleski, Esq. Center City Law Offices LLC 2705 Bainbridge St. Philadelphia, PA 19146 Tel: (215) 820-2132 Fax: (215) 977-9644 About WJH Construction WJH Construction, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No. 25-13514) on September 3, 2025, with $100,001 to $500,000 in assets and $50,001 to $100,000 in liabilities. Judge Ashely M. Chan presides over the case. Maggie Soboleski, Esq. represents the Debtor as legal counsel. WOC EVENTS: Hires Munsch Hardt Kopf & Harr as Bankruptcy Counsel ---------------------------------------------------------------- WOC Events Grapevine, LLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Northern District of Texas to employ Munsch Hardt Kopf & Harr, PC as counsel. The firm's services include: (a) serve as general counsel for the Debtors and provide representation and legal advice throughout the bankruptcy cases; (b) assist the Debtors in carrying out their duties under the Bankruptcy Code; (c) consult with the United States Trustee, any statutory committee that may be formed, and all other creditors and parties-in-interest concerning administration of the bankruptcy cases; (d) assist in potential sales of the Debtors' assets; (e) prepare on behalf of the Debtors all legal papers and documents to further their estates' interests and objectives, and assist them in the preparation of schedules, statements, and reports, and to represent them and their estate at all related hearings and at all related meetings of creditors, United States Trustee interviews, and the like; (f) assist the Debtors in connection with formulating and confirming a Chapter 11 plan; (g) assist the Debtors in analyzing and appropriately treating the claims of creditors; (h) appear before this Court and any appellate courts or other courts having jurisdiction over any matter associated with the bankruptcy cases; (i) perform all other legal services and provide all other legal advice to the Debtors as may be required or deemed to be in the interest of their estates in accordance with their powers and duties as set forth in the Bankruptcy Code; and (j) defend the Debtors against any and all actions and claims made against them and their property. The firm will be paid at these hourly rates: Thomas Berghman, Shareholder $750 Jacob King, Associate $425 Heather Valentine, Paralegal 4250 In addition, the firm will seek reimbursement for expenses incurred. On August 28, 2025 and November 5, 2025, Munsch Hardt received retainer amounts of $30,000 and $35,000 respectively for WOC Events Grapevine, LLC and Laurel Events, LLC. On November 5, 2025, Munsch Hardt received a retainer in the amount of $30,000 for KellyBain Events, LLC. Mr. Berghman disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Thomas D. Berghman, Esq. Munsch Hardt Kopf & Harr, PC 500 N. Akard St., Suite 4000 Dallas, TX 75201 Telephone: (214) 855-7500 Email: tberghman@munsch.com About WOC Events Grapevine WOC Events Grapevine, LLC operates a wedding venue sitting on six acres of property and located at 2040 Enchanted Way, Grapevine, Texas. WOC Events Grapevine filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case No. 25-44313) on November 3, 2025. Judge Mark X. Mullin presides over the case. Munsch Hardt Kopf & Harr, PC represents the Debtor as counsel. WOODCREST CONDOMINIUMS: Plan Exclusivity Extended to March 1, 2026 ------------------------------------------------------------------ Judge Elizabeth L. Gunn of the U.S. Bankruptcy Court for the District of Columbia extended Woodcrest Condominiums IX, LLC's exclusive periods to file a plan of reorganization and obtain acceptance thereof to March 1, 2026 and May 1, 2026, respectively. As shared by Troubled Company Reporter, the Debtor is a limited liability company formed under the laws of the District of Columbia, which owns three condominium units (the "Condo Units") located on Woodcrest Drive SE, Washington, DC 20032. The Condo Units are part of a larger condominium development known as Woodcrest Villas. Welch Family Limited Partnership Five holds a disputed lien against the Condo Units. The Debtor filed an adversary proceeding against Welch seeking to, among other things, determine that the Welch lien is invalid, which adversary proceeding is pending and has yet to be adjudicated. The Debtor explains that the pendency of the disputed liens asserted by Welch and extensive litigation with Welch has made this case complex, although this is not a large case. The Debtor has worked expeditiously to position the disputed issues before the Court for determination. The Debtor believes it is prudent to preserve its exclusive right to file a plan while it works through the issues relating to the liens on and the sale of the Condo Units. The amount of time that the Debtor is requesting is modest and is in line with this Court's extension of exclusive periods in similar cases. Woodcrest Condominiums IX LLC is represented by: Brent C. Strickland, Esq. Whiteford, Taylor & Preston L.L.P. 8830 Stanford Blvd., Suite 400 Columbia, Maryland 21045 Phone: (410) 347-9402 Facsimile: (410) 223-4302 Email: bstrickland@whitefordlaw.com Joshua D. Stiff, Esq. Whiteford, Taylor & Preston, L.L.P. 249 Central Park Avenue, Suite 300 Virginia Beach, VA 23462 Telephone: (757) 271-9751 Facsimile: (757) 271-9736 Email: jstiff@whitefordlaw.com About Woodcrest Condominiums IX LLC Woodcrest Condominiums IX LLC is a residential real estate company that appears to develop or manage condominium properties in Washington, DC, operating under the Woodcrest Villas brand. The company maintains its principal place of business at 454-460 Woodcrest Drive SE in Washington, DC, with its primary operations in residential building construction as indicated by its NAICS code 2361. Woodcrest Condominiums IX LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.C. Case No. 25-00265) on July 9, 2025. In its petition, the Debtor reports estimated assets and liabilities between $1 million and $10 million each. Judge Elizabeth L. Gunn oversees the case. The Debtors are represented by Brent C. Strickland, Esq. a Whiteford Taylor & Preston L.L.P. [] DiPompeo Co-Chairs Willkie's Bankruptcy Litigation Practice -------------------------------------------------------------- Willkie Farr & Gallagher LLP announced that Christopher DiPompeo has joined the Firm as a partner and Co-Chair of the Bankruptcy Litigation practice. Mr. DiPompeo is based in the Firm's Washington, DC office. Firm Chairman Matthew Feldman commented: "A key component of our growth strategy has been expanding our premier team that is equipped to handle bankruptcy and restructuring matters of all types, sizes, stages and complexities – including those involving litigation and disputes. Chris is an outstanding bankruptcy litigator and leader with skill and success in both debtor and creditor representations. His arrival, which follows the recent addition of Ryan Blaine Bennett as Chair of the Restructuring Department, underscores our commitment to further strengthening the practice." An experienced restructuring, bankruptcy, and distressed-situation litigator, Mr. DiPompeo has represented creditors, debtors and equity holders in many of the most significant corporate reorganizations across numerous industries throughout the United States. His practice includes counseling and litigation related to liability management exercises, and he regularly advises manufacturers in disputes with distressed suppliers and customers, both inside and outside of bankruptcy. He has been recognized as a leading lawyer and restructuring professional by legal media and bankruptcy organizations. "While litigation capabilities are a critical component of any restructuring practice, Chris brings extensive dedicated bankruptcy litigation experience, a rarity in the field," said Mark Stancil, Co-Chair of Willkie's Bankruptcy Litigation practice. "His credentials are unmatched in the industry, and his diverse litigation experience will be a great asset to the Firm's multidisciplinary team. We are thrilled to welcome him to Willkie." Mr. DiPompeo joins Willkie from Jones Day. Earlier in his career, Mr. DiPompeo clerked for Chief Justice John Roberts at the U.S. Supreme Court and Judge Paul Niemeyer at the Fourth Circuit. He received a J.D. summa cum laude, from the University of Pennsylvania, where he was elected to the Order of the Coif and served as editor-in-chief of the school's law review. Mr. DiPompeo commented: "I'm excited to join Willkie and its industry-leading restructuring and litigation teams. I look forward to working with my talented colleagues to guide the Firm's clients through distressed situations and complex restructuring and bankruptcy-related disputes." Willkie's Restructuring Department is a global practice with market-leading capabilities in all aspects of business and financial restructurings and insolvency matters. Its integrated U.S. and European restructuring professionals offer the hands-on, results-driven experience that today's distressed situations demand. With proven experience in complex multi-lateral cross-border restructurings (both in and out of court), the firm represent a broad spectrum of clients in the U.S., U.K., France, Germany and other key European jurisdictions. Willkie's Litigation Department has a national and international practice representing major U.S. and non-U.S. financial services companies, accounting firms, insurance and reinsurance companies and brokers, media companies, and individuals in complex commercial and class-action litigation. Beyond the courtroom, the practice has extensive experience conducting internal corporate investigations and handling internal corporate matters. It also regularly represents companies and individuals in investigative and enforcement proceedings brought by federal and state regulatory agencies. Willkie Farr & Gallagher LLP -- http://www.willkie.com-- provides leading-edge legal solutions on complex, business critical issues spanning markets and industries. The firm's approximately 1,300 attorneys across 16 offices worldwide deliver innovative, pragmatic and sophisticated legal services across approximately 45 practice areas. [^] Recent Small-Dollar & Individual Chapter 11 Filings ------------------------------------------------------- In re S & S Services, LLC Bankr. M.D. Ala. Case No. 25-32758 Chapter 11 Petition filed November 14, 2025 See https://www.pacermonitor.com/view/JQABYII/S__S_Services_LLC__almbke-25-32758__0001.0.pdf?mcid=tGE4TAMA represented by: Anthony Brian Bush, Esq. THE BUSH LAW FIRM, LLC E-mail: abush@bushlegalfirm.com In re Technomech Inc. of Maryland Bankr. M.D. Fla. Case No. 25-04339 Chapter 11 Petition filed November 23, 2025 See https://www.pacermonitor.com/view/TET4TEY/Technomech_Inc_of_Maryland__flmbke-25-04339__0001.0.pdf?mcid=tGE4TAMA represented by: Byron W. Wright III, Esq. BRUNER WRIGHT, P.A. E-mail: twright@brunerwright.com In re McHugh Junk Removal Inc. Bankr. D. Mass. Case No. 25-41270 Chapter 11 Petition filed November 24, 2025 See https://www.pacermonitor.com/view/BQDOCJI/McHugh_Junk_Removal_Inc__mabke-25-41270__0001.0.pdf?mcid=tGE4TAMA represented by: Louis S. Robin, Esq. LAW OFFICES OF LOUIS S. ROBIN E-mail: louis.robin@prodigy.net In re Big D Trucking, LLC Bankr. N.D. Miss. Case No. 25-14000 Chapter 11 Petition filed November 23, 2025 See https://www.pacermonitor.com/view/Y4PGAHQ/Big_D_Trucking_LLC__msnbke-25-14000__0001.0.pdf?mcid=tGE4TAMA represented by: Toni Campbell Parker, Esq. LAW FIRM OF TONI CAMPBELL PARKER E-mail: tparker002@att.net In re 7481 Campo Florido LLC Bankr. S.D. Fla. Case No. 25-23958 Chapter 11 Petition filed November 24, 2025 See https://www.pacermonitor.com/view/4MVBY5I/7481_Campo_Florido_LLC__flsbke-25-23958__0001.0.pdf?mcid=tGE4TAMA represented by: Eric Yankwitt, Esq. ERIC YANKWITT E-mail: yankwittlawfirm@gmail.com In re Blast Trans Inc. Bankr. E.D.N.Y. Case No. 25-45666 Chapter 11 Petition filed November 24, 2025 See https://www.pacermonitor.com/view/PCN66XA/BLAST_TRANS_INC__nyebke-25-45666__0001.0.pdf?mcid=tGE4TAMA represented by: Michael L. Walker, Esq. THE LAW OFFICE OF MICHAEL L. WALKER, ESQ. PLLC E-mail: mwalker@michaelwalkerlaw.com In re Anthony Whilborg-Derosa and Abake Assongba Bankr. M.D. Fla. Case No. 25-04360 Chapter 11 Petition filed November 24, 2025 represented by: Richard Perry, Esq. In re J&R Vacuum, LLC Bankr. M.D. Pa. Case No. 25-03366 Chapter 11 Petition filed November 24, 2025 See https://www.pacermonitor.com/view/73WDBIY/JR_Vacuum_LLC__pambke-25-03366__0001.0.pdf?mcid=tGE4TAMA represented by: Lawrence V. Young, Esq. CGA LAW FIRM E-mail: lyoung@cgalaw.com In re McCallson Tax & Accounting, LLC Bankr. D. Kan. Case No. 25-21728 Chapter 11 Petition filed November 24, 2025 See https://www.pacermonitor.com/view/ZT2DGQQ/McCallson_Tax__Accounting_LLC__ksbke-25-21728__0001.0.pdf?mcid=tGE4TAMA represented by: Colin N. Gotham, Esq. EVANS & MULLINIX, P.A. E-mail: cgotham@emlawkc.com In re Francisco Rodriguez Bankr. E.D. Calif. Case No. 25-13943 Chapter 11 Petition filed November 24, 2025 In re Darrell C. Johnson, Jr. and Whitney N. Johnson Bankr. M.D. Fla. Case No. 25-04378 Chapter 11 Petition filed November 24, 2025 represented by: Thomas Adam, Esq. In re Andrew P. Vaccaro Bankr. N.D. Ill. Case No. 25-18188 Chapter 11 Petition filed November 24, 2025 represented by: Carolina Sales, Esq. In re Sheri Paul Jennings Bankr. N.D. Ill. Case No. 25-18123 Chapter 11 Petition filed November 23, 2025 represented by: Gregory Stern, Esq. In re J.F. Liquidating Corporation Bankr. D. Maine Case No. 25-10241 Chapter 11 Petition filed November 24, 2025 See https://www.pacermonitor.com/view/ZC36BCA/JF_Liquidating_Corporation__mebke-25-10241__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Purcell Holdings, LLC Bankr. D. Md. Case No. 25-21113 Chapter 11 Petition filed November 25, 2025 See https://www.pacermonitor.com/view/5724XRY/Purcell_Holdings_LLC__mdbke-25-21113__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Delight Restored LLC Bankr. D. Ore. Case No. 25-33951 Chapter 11 Petition filed November 24, 2025 See https://www.pacermonitor.com/view/M4RHSAI/Delight_Restored_LLC__orbke-25-33951__0002.0.pdf?mcid=tGE4TAMA Filed Pro Se In re 904 X 4, Inc. Bankr. M.D. Fla. Case No. 25-04400 Chapter 11 Petition filed November 25, 2025 See https://www.pacermonitor.com/view/NWLPPIQ/904_X_4_Inc__flmbke-25-04400__0001.0.pdf?mcid=tGE4TAMA represented by: Bryan K. Mickler, Esq. LAW OFFICES OF MICKLER & MICKLER, LLP E-mail: bkmickler@planlaw.com In re Sharon Ferreira Bankr. M.D. Fla. Case No. 25-02355 Chapter 11 Petition filed November 24, 2025 In re Lukeisha Yarbrough Bankr. M.D. La. Case No. 25-11086 Chapter 11 Petition filed November 24, 2025 In re Solange at North Logan LLC Bankr. D. Colo. Case No. 25-17821 Chapter 11 Petition filed November 26, 2025 See https://www.pacermonitor.com/view/3MGUVHA/Solange_at_North_Logan_LLC__cobke-25-17821__0001.0.pdf?mcid=tGE4TAMA represented by: Jeffrey A. Weinman, Esq. MICHAEL BEST & FRIEDRICH LLP E-mail: jweinman@allen-vellone.com In re Visimo, LLC Bankr. W.D. Pa. Case No. 25-23226 Chapter 11 Petition filed November 26, 2025 See https://www.pacermonitor.com/view/QUKXTLI/Visimo_LLC__pawbke-25-23226__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Soluscience Inc. Bankr. D. Colo. Case No. 25-17816 Chapter 11 Petition filed November 26, 2025 See https://www.pacermonitor.com/view/KRIBGHY/Soluscience_Inc__cobke-25-17816__0001.0.pdf?mcid=tGE4TAMA represented by: Lawrence Rogak, Esq. LAWRENCE N. ROGAK, ESQ E-mail: insurancelawyer@yahoo.com In re Aval Investment LLC Bankr. N.D. Tex. Case No. 25-34709 Chapter 11 Petition filed November 26, 2025 See https://www.pacermonitor.com/view/NSRF62Q/Aval_Investment_LLC__txnbke-25-34709__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Accurate Communication Solutions, Inc. Bankr. D. Minn. Case No. 25-33836 Chapter 11 Petition filed November 26, 2025 See https://www.pacermonitor.com/view/53IWDKA/ACCURATE_COMMUNICATION_SOLUTIONS__mnbke-25-33836__0001.0.pdf?mcid=tGE4TAMA represented by: John D. Lamey III, Esq. LAMEY LAW FIRM, P.A. E-mail: JLAMEY@LAMEYLAW.COM In re Savi Construction LLC Bankr. E.D. Calif. Case No. 25-13979 Chapter 11 Petition filed November 26, 2025 See https://www.pacermonitor.com/view/WFBZUDQ/SAVI_CONSTRUCTION_LLC__caebke-25-13979__0001.0.pdf?mcid=tGE4TAMA represented by: Leonard K. Welsh, Esq. LAW OFFICES OF YOUNG WOOLDRIDGE, LLP E-mail: lwelsh@youngwooldridge.com In re Lodge Assisted Living LLC Bankr. D. Colo. Case No. 25-17820 Chapter 11 Petition filed November 26, 2025 See https://www.pacermonitor.com/view/RLVMLDA/Lodge_Assisted_Living_LLC__cobke-25-17820__0001.0.pdf?mcid=tGE4TAMA represented by: Jeffrey A. Weinman, Esq. MICHAEL BEST & FRIEDRICH LLP E-mail: jweinman@allen-vellone.com In re Apple Tree Assisted Living, Inc. Bankr. D. Colo. Case No. 25-17818 Chapter 11 Petition filed November 26, 2025 See https://www.pacermonitor.com/view/SARN3BY/Apple_Tree_Assisted_Living_Inc__cobke-25-17818__0001.0.pdf?mcid=tGE4TAMA represented by: Jeffrey A. Weinman, Esq. MICHAEL BEST & FRIEDRICH LLP E-mail: jweinman@allen-vellone.com In re David A. Conklin and Jodi L. Conklin Bankr. E.D. Pa. Case No. 25-14850 Chapter 11 Petition filed November 26, 2025 represented by: Lawrence V. Young, Esq. In re Richard A Girgis Bankr. D. N.J. Case No. 25-22646 Chapter 11 Petition November 26, 2025 represented by: Andy Winchell, Esq. In re Charles Lewis Mason, Jr. Bankr. D. Md. Case No. 25-21187 Chapter 11 Petition November 26, 2025 represented by: Donald Bell, Esq. LAW OFFICE OF DONALD L. BELL LLC In re Jason Mark Mogg Bankr. E.D. Mich. Case No. 25-21589 Chapter 11 Petition November 26, 2025 represented by: Yuliy Osipov, Esq. In re Cantoni Enterprises, LLC Bankr. N.D. W.Va. Case No. 25-00681 Chapter 11 Petition November 26, 2025 See https://www.pacermonitor.com/view/PB7JUVQ/Cantoni_Enterprises_LLC__wvnbke-25-00681__0001.0.pdf?mcid=tGE4TAMA represented by: Ryan W. Johnson, Esq. JOHNSON LEGAL SERVICES, PLLC Email: ryanjohnson@johnsonlegalservicespllc.com In re Pitts Funeral Home & Cremation Service, LLC Bankr. W.D. Pa. Case No. 25-23211 Chapter 11 Petition November 25, 2025 See https://www.pacermonitor.com/view/ZBIJBJQ/Pitts_Funeral_Home__Cremation__pawbke-25-23211__0001.0.pdf?mcid=tGE4TAMA represented by: Rodney D. Shepherd, Esq. LAW OFFICES OF RODNEY SHEPHERD Email: rodsheph@cs.com In re Fralege Group Inc. Bankr. M.D. Fla. Case No. 25-07763 Chapter 11 Petition November 28, 2025 See https://www.pacermonitor.com/view/DW7AUKQ/Fralege_Group_Inc__flmbke-25-07763__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Lacey's Investment Properties, LLC Bankr. N.D. Ga. Case No. 25-63869 Chapter 11 Petition November 28, 2025 See https://www.pacermonitor.com/view/XWYWQ5Y/Laceys_Investment_Properties_LLC__ganbke-25-63869__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Jewelry Artisan of Orlando Inc. Bankr. M.D. Fla. Case No. 25-07766 Chapter 11 Petition November 28, 2025 See https://www.pacermonitor.com/view/KDSIFHQ/Jewelry_Artisan_of_Orlando_Inc__flmbke-25-07766__0001.0.pdf?mcid=tGE4TAMA represented by: Chad Van Horn, Esq. VAN HORN LAW GROUP, P.A. Email: chad@cvhlawgroup.com In re CRYO-1, Inc. Bankr. S.D. Tex. Case No. 25-80601 Chapter 11 Petition November 28, 2025 See https://www.pacermonitor.com/view/PUHBMZA/CRYO-1_Inc__txsbke-25-80601__0001.0.pdf?mcid=tGE4TAMA represented by: Gabe Perez, Esq. ZENDEH DEL & ASSOCIATES, PLLC Email: gabe@zendehdel.com ********* Monday's edition of the TCR delivers a list of indicative prices for bond issues that reportedly trade well below par. Prices are obtained by TCR editors from a variety of outside sources during the prior week we think are reliable. Those sources may not, however, be complete or accurate. The Monday Bond Pricing table is compiled on the Friday prior to publication. Prices reported are not intended to reflect actual trades. Prices for actual trades are probably different. Our objective is to share information, not make markets in publicly traded securities. Nothing in the TCR constitutes an offer or solicitation to buy or sell any security of any kind. It is likely that some entity affiliated with a TCR editor holds some position in the issuers public debt and equity securities about which we report. Each Tuesday edition of the TCR contains a list of companies with insolvent balance sheets whose shares trade higher than $3 per share in public markets. At first glance, this list may look like the definitive compilation of stocks that are ideal to sell short. Don't be fooled. Assets, for example, reported at historical cost net of depreciation may understate the true value of a firm's assets. A company may establish reserves on its balance sheet for liabilities that may never materialize. The prices at which equity securities trade in public market are determined by more than a balance sheet solvency test. On Thursdays, the TCR delivers a list of recently filed Chapter 11 cases involving less than $1,000,000 in assets and liabilities delivered to nation's bankruptcy courts. The list includes links to freely downloadable images of these small-dollar petitions in Acrobat PDF format. Each Friday's edition of the TCR includes a review about a book of interest to troubled company professionals. All titles are available at your local bookstore or through Amazon.com. Go to http://www.bankrupt.com/books/to order any title today. Monthly Operating Reports are summarized in every Saturday edition of the TCR. The Sunday TCR delivers securitization rating news from the week then-ending. TCR subscribers have free access to our on-line news archive. Point your Web browser to http://TCRresources.bankrupt.com/and use the e-mail address to which your TCR is delivered to login. ********* S U B S C R I P T I O N I N F O R M A T I O N Troubled Company Reporter is a daily newsletter co-published by Bankruptcy Creditors Service, Inc., Fairless Hills, Pennsylvania, USA, and Beard Group, Inc., Philadelphia, Pa., USA. Randy Antoni, Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine Tumanda, Joel Anthony G. Lopez, Psyche A. Castillon, Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors. Copyright 2025. All rights reserved. ISSN: 1520-9474. This material is copyrighted and any commercial use, resale or publication in any form (including e-mail forwarding, electronic re-mailing and photocopying) is strictly prohibited without prior written permission of the publishers. Information contained herein is obtained from sources believed to be reliable, but is not guaranteed. The single-user TCR subscription rate is $1,400 for six months or $2,350 for twelve months, delivered via e-mail. Additional e-mail subscriptions for members of the same firm for the term of the initial subscription or balance thereof are $25 each per half-year or $50 annually. For subscription information, contact Peter A. Chapman at 215-945-7000. *** End of Transmission ***