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T R O U B L E D C O M P A N Y R E P O R T E R
Friday, April 3, 2015, Vol. 19, No. 93
Headlines
COLONY LIQUORS: Case Summary & 16 Largest Unsecured Creditors
HALO RESORTS: Case Summary & 20 Largest Unsecured Creditors
HEALTHY BACK STORE: Case Summary & 20 Top Unsecured Creditors
LEBCO GRAPHICS: Case Summary & 5 Largest Unsecured Creditors
NAVARRO ORTHODONTIX: Case Summary & Largest Unsecured Creditors
RESPONSE 1 MEDICAL: Case Summary & 16 Largest Unsecured Creditors
SALUBRIOUS PHARMACEUTICAL: Case Summary & 6 Top Unsec. Creditors
TBONES MANAGEMENT: Case Summary & 20 Largest Unsecured Creditors
VIPER VENTURES: Case Summary & 15 Largest Unsecured Creditors
YUBA CROSSINGS: Voluntary Chapter 11 Case Summary
[^] BOOK REVIEW: Oil Business in Latin America: The Early Years
*********
COLONY LIQUORS: Case Summary & 16 Largest Unsecured Creditors
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Debtor: Colony Liquors Incorporated
3259 Solomons Island Road, Suite A
Edgewater, MD 21037
Case No.: 15-14671
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
District of Maryland (Baltimore)
Judge: Hon. James F. Schneider
Debtor's Counsel: Richard H. Gins, Esq.
THE LAW OFFICE OF RICHARD H. GINS, LLC
4710 Bethesda Avenue, Suite 204
Bethesda, MD 20814
Tel: 301-718-1078
Email: richard@ginslaw.com
Estimated Assets: $0 to $50,000
Estimated Liabilities: $1 million to $10 million
The petition was signed by Patricia Holland, authorized
individual.
A list of the Debtor's 16 largest unsecured creditors is available
for free at http://bankrupt.com/misc/mdb15-14671.pdf
HALO RESORTS: Case Summary & 20 Largest Unsecured Creditors
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Debtor: Halo Resorts, Inc.
17150 Euclid Street, Suite 200
Fountain Valley, CA 92708
Case No.: 15-11669
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
Central District of California (Santa Ana)
Judge: Hon. Erithe A. Smith
Debtor's Counsel: Melissa Davis Lowe, Esq.
SHULMAN HODGES & BASTIAN LLP
100 Spectrum Ctr Dr Ste 600
Irvine, CA 92618
Tel: 949-340-3400
Fax: 949-340-3000
Email: mdavis@shbllp.com
Estimated Assets: $0 to $50,000
Estimated Liabilities: $1 million to $10 million
The petition was signed by Surinder S. Dang, president.
A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb15-11669.pdf
HEALTHY BACK STORE: Case Summary & 20 Top Unsecured Creditors
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Debtor: The Healthy Back Store, LLC
10300 Southard Drive
Beltsville, MD 20705
Case No.: 15-14653
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
District of Maryland (Greenbelt)
Judge: Hon. Wendelin I. Lipp
Debtor's Counsel: Michael J. Lichtenstein, Esq.
SHULMAN ROGERS GANDAL PORDY & ECKER, PA
12505 Park Potomac Avenue, 6th Floor
Potomac, MD 20854
Tel: 301-230-5231
Fax: 301-230-2891
Email: mjl@shulmanrogers.com
Total Assets: $5.1 million
Total Liabilities: $6.4 million
The petition was signed by Anthony Mazlish, CEO.
A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/mdb15-14653.pdf
LEBCO GRAPHICS: Case Summary & 5 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: LEBCO Graphics, Inc.
31400 IH 10 West
Boerne, TX 78006
Case No.: 15-50775
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
Western District of Texas (San Antonio)
Judge: Hon. Craig A. Gargotta
Debtor's Counsel: William R. Davis Jr., Esq.
LANGLEY & BANACK, INC.
745 E Mulberry Ave, Suite 900
San Antonio, TX 78212
Tel: (210) 736-6600
Fax: (210) 735-6889
Email: wrdavis@langleybanack.com
Total Assets: $1.7 million
Total Liabilities: $2.7 million
The petition was signed by Lanne E. Brehmer, president.
A list of the Debtor's five largest unsecured creditors is
available for free at http://bankrupt.com/misc/txwb15-50775.pdf
NAVARRO ORTHODONTIX: Case Summary & Largest Unsecured Creditors
---------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:
Debtor Case No.
------ --------
CAR & MAR Ortho PLLC 15-31367
dba Navarro Orthodontix
5901 Bellaire Blvd., Suite 105
Houston, TX 77081
MAN & CFN Ortho, PLLC 15-31368
dba Navarro Orthodontix
1024 E. Los Ebanos
Brownsville, TX 78520
Navarro Orthodontix of Fort Worth, PLLC 15-31369
dba Navarro Orthodontix
911 N. MacArthur Blvd.
Irving, TX 75061
Navarro Orthodontix of Irving, PC 15-31370
dba Navarro Orthodontix
911 N. MacArthur Blvd.
Irving, TX 75061
Navarro Orthodontix of McAllen, PLLC 15-31371
2511 Cornerstone Blvd.
Edinburg, TX 78539
Nature of Business: Health Care
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
Northern District of Texas (Dallas)
Judge: Hon. Stacey G. Jernigan (15-31367, 15-31370 and 15-31371)
Hon. Harlin DeWayne Hale (15-31368)
Hon. Barbara J. Houser (15-31369)
Debtors' Counsel: Joyce W. Lindauer, Esq.
JOYCE W. LINDAUER ATTORNEY, PLLC
12720 Hillcrest Road
Suite 625
Dallas, TX 75230
Tel: (972) 503-4033
Fax: (972) 503-4034
Email: joyce@joycelindauer.com
Estimated Estimated
Assets Liabilities
---------- -----------
CAR & MAR Ortho PLLC $0-$50K $10MM-$50MM
MAN & CFN Ortho, PLLC $0-$50K $10MM-$50MM
Navarro Orthodontix of Fort Worth $0-$50K $10MM-$50MM
Navarro Orthodontix of Irving $0-$50K $10MM-$50MM
Navarro Orthodontix of McAllen $0-$50K $10MM-$50MM
The petitions were signed by Dr. Carlos F. Navarro, authorized
representative.
A list of CAR & MAR Ortho PLLC's 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/txnb15-31367.pdf
A list of MAN & CFN Ortho's 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/txnb15-31368.pdf
A list of Navarro Orthodontix of Fort Worth's 20 largest unsecured
creditors is available for free at:
http://bankrupt.com/misc/txnb15-31369.pdf
A list of Navarro Orthodontix of Irving's 20 largest unsecured
creditors is available for free at:
http://bankrupt.com/misc/txnb15-31370.pdf
A list of Navarro Orthodontix of McAllen's 20 largest unsecured
creditors is available for free at:
http://bankrupt.com/misc/txnb15-31371.pdf
RESPONSE 1 MEDICAL: Case Summary & 16 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Response 1 Medical Staffing, Inc.
1101 Investment Boulevard, Suite 140
El Dorado Hills, CA 95762
Case No.: 15-22618
Chapter 11 Petition Date: March 31, 2015
Court: United States Bankruptcy Court
Eastern District of California (Sacramento)
Judge: Hon. Christopher D. Jaime
Debtor's Counsel: Stephen M. Reynolds, Esq.
REYNOLDS LAW CORPORATION
424 2nd St #A
Davis, CA 95616
Tel: (530) 297-5030
Total Assets: $97,190
Total Liabilities: $1.3 million
The petition was signed by Tyler Covey, chief financial officer.
A list of the Debtor's 16 largest unsecured creditors is available
for free at http://bankrupt.com/misc/caeb15-22618.pdf
SALUBRIOUS PHARMACEUTICAL: Case Summary & 6 Top Unsec. Creditors
----------------------------------------------------------------
Debtor: Salubrious Pharmaceutical LLC
5328 Lockhurst Dr
Woodland Hills, CA 91367
Case No.: 15-11118
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
Central District of California (San Fernando Valley)
Judge: Hon. Victoria S. Kaufman
Debtor's Counsel: Timothy Quick, Esq.
LAW OFFICES OF TIMOTHY K QUICK
3502 Katella Ave Ste 207
Los Alamitos, CA 90720
Tel: 562-799-6020
Fax: 877-803-7252
Email: tkquick@gmail.com
Total Assets: $1 million
Total Debts: $1 million
The petition was signed by George H. Nelson, manager/member.
A list of the Debtor's six largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb15-11118.pdf
TBONES MANAGEMENT: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: TBones Management LLC
dba Magnuson Grand Hotel
dba Guest House Hotel
dba Grand Hotel
1255 S. Shiloh Drive
Fayetteville, AR 72703
Case No.: 15-70878
Nature of Business: Hotel Industry
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
Western District of Arkansas (Fayetteville)
Judge: Hon. Ben T Barry
Debtor's Counsel: Bianca Rucker, Esq.
WRIGHT LINDSEY & JENNINGS, LLP
3333 Pinnacle Hills Parkway, Suite 510
Rogers, AR 72758
Tel: 479-631-3279
Fax: 479-986-8932
Email: brucker@wlj.com
Total Assets: $6.42 million
Total Liabilities: $2.49 million
The petition was signed by Jill Jacoway, receiver.
A list of the Debtor's 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/arwb15-70878.pdf
VIPER VENTURES: Case Summary & 15 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: Viper Ventures, LLC
3333 West Kennedy Blvd., Suite 206
Tampa, FL 33609
Case No.: 15-03404
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
Middle District of Florida (Tampa)
Judge: Hon. Catherine Peek McEwen
Debtor's Counsel: Edward J. Peterson, III, Esq.
STICHTER, RIEDEL, BLAIN & PROSSER, PA
110 East Madison Street, Suite 200
Tampa, FL 33602
Tel: (813) 229- 0144
Fax: (813) 229- 1811
Email: epeterson@srbp.com
Estimated Assets: $10 million to $50 million
Estimated Liabilities: $10 million to $50 million
The petition was signed by Robert T. Curtis, manager.
List of Debtor's 15 Largest Unsecured Creditors:
Entity Nature of Claim Claim Amount
------ --------------- ------------
Trenam, Kemker, Scharf, Barkin, $11,484
Frye, O'Neil & Mullis, P.A.
Stearns Weaver Miller Weissler $1,322
Alhadeff & Sitterson, P.A.
Michael L. Abdoney Indemnity Undetermined
Claim
Stephen H. Bronstein Indemnity Undetermined
Claim
Lawrence J. Dickson Indemnity Undetermined
Claim
Dan W. Fields III Indemnity Undetermined
Claim
Guide Capital, Ltd. Indemnity Undetermined
Claim
Malcolm C. Harris Indemnity Undetermined
Claim
James K. Murray III Indemnity Undetermined
Claim
James K. Murray, Jr. Indemnity Undetermined
Claim
Michael S. Murray Indemnity Undetermined
Claim
Mark J. Rubio Indemnity Undetermined
Claim
Arthur R. Savage Indemnity Undetermined
Claim
David G. Shell Indemnity Undetermined
Claim
WRB Enterprises, Inc. Indemnity Undetermined
Claim
YUBA CROSSINGS: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Yuba Crossings, LLC
1825 Del Paso Blvd
Sacramento, CA 95815
Case No.: 15-22671
Nature of Business: Single Asset Real Estate
Chapter 11 Petition Date: April 1, 2015
Court: United States Bankruptcy Court
Eastern District of California (Sacramento)
Judge: Hon. Christopher D. Jaime
Debtor's Counsel: Rick Morin, Esq.
LAW OFFICE OF RICK MORIN
331 J St #200
Sacramento, CA 95814
Tel: 916-333-2222
Email: legal@rickmorin.net
Estimated Assets: $1 million to $10 million
Estimated Liabilities: $500,000 to $1 million
The petition was signed by Nicholas Allen Pecha, controller.
The Debtor did not include a list of its largest unsecured
creditors when it filed the petition.
[^] BOOK REVIEW: Oil Business in Latin America: The Early Years
---------------------------------------------------------------
Author: John D. Wirth Ed.
Publisher: Beard Books
Softcover: 282 pages
List price: $34.95
Review by Gail Owens Hoelscher
Buy a copy for yourself and one for a colleague on-line at
http://is.gd/DvFouR
This book grew out of a 1981 meeting of the American Historical
Society. It highlights the origin and evolution of the state-
owned petroleum companies in Argentina, Mexico, Brazil, and
Venezuela.
Argentina was the first country ever to nationalize its
petroleum industry, and soon it was the norm worldwide, with the
notable exception of the United States. John Wirth calls this
phenomenon "perhaps in our century the oldest and most
celebrated of confrontations between powerful private entities
and the state."
The book consists of five case studies and a conclusion, as
follows:
* Jersey Standard and the Politics of Latin American Oil
Production, 1911-30 (Jonathan C. Brown)
* YPF: The Formative Years of Latin America's Pioneer State
Oil Company, 1922-39 (Carl E. Solberg)
* Setting the Brazilian Agenda, 1936-39 (John Wirth)
* Pemex: The Trajectory of National Oil Policy (Esperanza
Duran)
* The Politics of Energy in Venezuela (Edwin Lieuwen)
* The State Companies: A Public Policy Perspective (Alfred
H. Saulniers)
The authors assess the conditions at the time they were writing,
and relate them back to the critical formative years for each of
the companies under review. They also examine the four
interconnecting roles of a state-run oil industry and
distinguish them from those of a private company. First, is the
entrepreneurial role of control, management, and exploitation of
a nation's oil resources. Second, is production for the private
industrial sector at attractive prices. Third, is the
integration of plans for military, financial, and development
programs into the overall industrial policy planning process.
Finally, in some countries is the promotion of social
development by subsidizing energy for consumers and by promoting
the government's ideas of social and labor policy and labor
relations.
The author's approach is "conceptual and policy oriented rather
than narrative," but they provide a fascinating look at the
politics and development of the region. Mr. Brown provides a
concise history of the early years of the Standard Oil group and
the effects of its 1911 dissolution on its Latin American
operations, as well as power struggles with competitors and
governments that eventually nationalized most of its activities.
Mr. Solberg covers the many years of internal conflict over oil
policy in Argentina and YPF's lack of monopoly control over all
sectors of the oil industry. Mr. Wirth describes the politics
and individuals behind the privatization of Brazil's oil
industry leading to the creation of Petrobras in 1953. Mr. Duran
notes the wrangling between provinces and central government in
the evolution of Pemex, and in other Latin American countries.
Mr. Lieuwin discusses the mixed blessing that oil has proven for
Venezuela., creating a lopsided economy dependent on the ups and
downs of international markets. Mr. Saunders concludes that many
of the then-current problems of the state oil companies were
rooted in their early and checkered histories." Indeed, he says,
"the problems of the past have endured not because the public
petroleum companies behaved like the public enterprises they
are; they have endured because governments, as public owners,
have abdicated their responsibilities to the companies."
Jonh D. Wirth is Gildred Professor of Latin American Studies at
Standford University.
*********
Monday's edition of the TCR delivers a list of indicative prices
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then-ending.
*********
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Editors.
Copyright 2015. All rights reserved. ISSN: 1520-9474.
This material is copyrighted and any commercial use, resale or
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*** End of Transmission ***