TCR_Public/170315.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, March 15, 2017, Vol. 21, No. 73

                            Headlines

499 WINDING ROAD: April 17 Plan Confirmation Hearing
624 EAST 222ND: Creditors to Get Full Payment from Sale Proceeds
A-K SUPPLY: Wants Plan Filing Deadline Moved to May 8
ABENGOA BIOENERGY: April 26 Plan Confirmation Hearing
ACHAOGEN INC: FMR LLC Reports 14.1% Stake as of March 9

ACTIVECARE INC: Files Third Amended Form S-1 Prospectus with SEC
AMC ENTERTAINMENT: Moody's Rates New $475MM Sr. Sub. Notes 'B2'
AMC ENTERTAINMENT: S&P Affirms 'B+' CCR, Off Creditwatch Negative
APOLLO ENDOSURGERY: Files Pro Forma Combined Financial Statements
AQUION ENERGY: Hires Kurtzman Carson as Claims & Noticing Agent

ARUBA PETROLEUM: Wants Exclusive Plan Filing Moved to May 22
AURA SYSTEMS: OK'd by Regulators to Manufacture Products in China
BANCA TURCO: Chapter 15 Case Summary
BARRY S. MITTELBERG: Proposes to Pay 60% to Unsecured Creditors
BAVARIA YACHTS: Seeks to Hire Rubber Duck as Broker

BELK INC: Bank Debt Trades at 15% Off
BIG RACQUES: Taps Langley & Banack as Bankruptcy Counsel
BILLINGSLEY PRECISION: Seeks Conditional Approval of Plan Outline
BIOSTAGE INC: Reports $3.34 Million Fourth Quarter Net Loss
BURLINGTON STORES: S&P Raises CCR to 'BB' Over 4th Qtr. Results

BWAY HOLDING: Moody's Rates New Secured Loans B2, Outlook Negative
BWAY HOLDING: S&P Affirms 'B-' CCR on Acquisition of Mauser Grp.
CLEAR LAKE: Taps Sheehan Law Firm as Counsel
CLIFFS NATURAL: Hibbing Says Imminent Danger Order Lifted
COMMERCIAL VEHICLE: Moody's Affirms B2 Corporate Family Rating

COMMERCIAL VEHICLE: S&P Affirms 'B' CCR; Outlook Stable
COMPANION DX: Taps Jayson & Frisby as Accountant
COMPOUNDING DOCS: Court Extends Plan Filing Through June 13
CORE RESOURCE: Trustee Taps Terry A. Dake as Legal Counsel
CRYSTAL ENTERPRISES: April 25 Disclosure Statement Hearing

DACCO TRANSMISSION: Taps Hilco Real Estate as Lease Consultant
DANCING WATERS: Disclosures OK'd; Plan Hearing on April 7
DEWEY & LEBOEUF: Ex-Finance Director Says Firm Inflated Income
DEXTERA SURGICAL: Proposes Public Offering of $9M Common Shares
DRIVING MISS DAISY: Resolves MinnDOR Objection, Files New Plan

EASTERN OUTFITTERS: Stark & Stark Representing Landlords
ECOARK HOLDINGS: Issues $3.1M Convertible Notes to 20 Investors
ECOARK HOLDINGS: Issues $3.1M Convertible Notes to 20 Investors
EMERALD OIL: Court Extends Exclusive Plan Filing Through June 19
ESSAR STEEL: U.S. Creditors to Move Ahead with Takeover

EXCEPTIONAL SOFTWARE: Responds to Suit Over Chapter 7 Liquidation
FALCO MOBILE: Seeks to Hire Blumenfeld as Legal Counsel
FIRST QUANTUM: Moody's Affirms B3 Corporate Family Rating
FLORIDA FOREST: April 6 Plan Confirmation Hearing
FREEDOM COMMUNICATIONS: Spitz Taps Callahan to Defend Against Suit

GASTAR EXPLORATION: Reports $8.2 Million Net Loss for 4th Quarter
GELTECH SOLUTIONS: Issues $100,000 Shares & Warrants to President
GELTECH SOLUTIONS: No Longer Engages Synergy Enterprises
GENERAL WIRELESS: Taps Prime Clerk as Claims and Noticing Agent
GLOBAL AMENITIES: Seeks to Hire Litvak Beasley as Special Counsel

GOODMAN NETWORKS: Case Summary & 30 Largest Unsecured Creditors
GORDMANS STORES: Files for Ch. 11; To Liquidate Stores
GORDMANS STORES: To Liquidate All 106 Stores Over Sales Slump
GREEN OAK: April 12 Disclosure Statement Hearing
GRIZZLY LAND: Insider Unsecureds to Get 44% Under Liquidating Plan

H & S AUTO: City of Philadelphia to be Paid $2,134 Per Month
HALAIS GROUP: Unsecured Creditors to Get $10,000 Under Plan
HANSELL MITZEL: Harlow Buying Mount Vernon Property for $95K
HBT JV LLC: Seeks to Hire Meadows, FTI and Automotive Compliance
HHGREGG INC: 8-Member Committee Appointed for Gregg Appliances

HIGH RIDGE: Moody's Assigned First-Time B2 Corporate Family Rating
HMF GOLF: Northwest Savings Tries to Block Approval of Plan Outline
HUDSON'S BAY: Bank Debt Trades at 2% Off
HUMBLE SURGICAL: Seeks to Hire BVA Group's Anapolsky as CRO
HUMBLE SURGICAL: Seeks to Hire Hoover Slovacek as Legal Counsel

HUMBLE SURGICAL: U.S. Trustee Forms 3-Member Committee
ISLA BONITA: Plan Confirmation Hearing on April 5
J. CREW: Bank Debt Trades at 43% Off
JACKSON MASONRY: Unsecureds to Get $850 Per Month for 3 Years
JAYUYA MEMORIAL: March 31 Plan Confirmation Hearing

KDA GROUP: Hearing on Plan Outline Approval Set for April 27
KIDS FIRST: Wants to Use BOB and GCB&T Cash Collateral
KINGMAN FARMS: Tiger, Rabin to Auction Assets on March 23
LANTHEUS MEDICAL: Moody's Raises Corporate Family Rating to B2
LIQUIDMETAL TECHNOLOGIES: Incurs $18.7 Million Net Loss in 2016

LIVING COLOUR: Court Extends Plan Filing Through May 17
LUVIS AMBULANCE: March 31 Plan Confirmation Hearing
MALIBU LIGHTING: Court Extends Plan Exclusivity Through April 10
MAXUS ENERGY: Hearing on Disclosures & Plan Outline Is on March 29
MCDONALD BUILDING: April 18 Plan Confirmation Hearing

MCNEILL GROUP: Provident Bank to Get $500 for 6 Mos. & Atty Fees
MCNEILL PROPERTIES: Lawrence Township to Get $5K a Month for 2 Yrs.
METROPOLITAN INDUSTRIAL: Hearing on Plan Disclosures Set for June 7
MF GLOBAL: Corzine Blames "Loss of Confidence" for Crash
MF GLOBAL: Didn't Lose Money on European Bonds, William Gorta Says

MICHIGAN SPORTING: Taps Rust Consulting as Claims Agent
MODERN OFFICE SYSTEMS: Hearing on Plan Outline Set for April 20
MONAKER GROUP: Obtains $1.5 Million from Units Sale
MSES CONSULTANTS: Hires McNeer Highland as Special Counsel
NAKED BRAND: Enters Into Second Amendment to Bendon LOI

NEIMAN MARCUS: Bank Debt Trades at 19% Off
NEOVASC INC: Trading on Toronto Stock Exchange Under 'NVCN' Symbol
NEPHROGENEX INC: New Plan Ups Unsecureds' Recovery to 46.4%
NEPHROGENEX: Court Extends Plan Filing Deadline Through May 31
NICK STELLEY: U.S. Trustee Forms 2-Member Committee

NORTEL NETWORKS: Court Cuts Over $900K From Attorneys' Fees
NORTHWEST TERRITORIAL: Committee Taps Barrick as Financial Advisor
NOVATION COMPANIES: Seeks to Expand Scope of Auditor's Services
OAKFABCO INC: Asbestos Committee Taps Connolly as Expert
ON-SITE TRANSPORT: Court Extends Plan Filing Through April 11

PACIFIC IMPERIAL: Court Extends Plan Exclusivity Through June 12
PANADERIA ZULMA: Seeks Plan Filing Deadline Moved to April 27
PARAGON OFFSHORE: Taps PwC as Auditor and Tax Advisor
PARAGON OFFSHORE: Unsecureds May Recoup 26% Under Plan
PASS BUSINESS: April 13 Disclosure Statement Hearing

PATRIARCH PARTNERS: Asks Court to Dismiss Suit by MBIA Insurance
PEABODY ENERGY: Four Bondholders Sue Over Stock Sale
PERFORMANCE ENTERPRISES: Hires Woodbury & Kesler as Counsel
PETCO ANIMAL: Bank Debt Trades at 4% Off
PFO GLOBAL: Committee Taps Shraiberg Ferrara as Legal Counsel

PHARMAGOGENETIC DIAGNOSTICS: Plan Filing Deadline Moved to June 6
POC PROPERTIES: Taps Dale Faught as Real Estate Refinancing Expert
PORTER BANCORP: RMB Capital Has 9.9% Equity Stake as of Dec. 31
PUERTO RICO: Oversight Board Rejects Governor's Turnaround Plan
R.E.S. NATION: Plan Confirmation Hearing on April 5

REDIGI INC: Plan Exclusivity Extended Through June 28
SEANERGY MARITIME: Enters Into Waiver Agreements with Lenders
SHAFFER & ASSOCIATES: Hires Turner & Johns as Counsel
SILVER LINE: Credit Swap Revenues to Fund Plan
SINDESMOS HELLINIKES: Seeks March 31 Extension of Plan Filing Date

SOUTHERN SANDBLASTING: Hires Baker & Associates as Attorney
SUNEDISON INC: Brookfield Asset to Pay $2.5-Bil. for Two Yieldcos
SUNEDISON INC: Court Approves Plan Exclusivity Extension
SUNEDISON INC: Selling Sherman, Texas Manufacturing Facility
SUNGEVITY INC: Operations to Continue While in Chapter 11

SUNGEVITY INC: Selling Solar Business to Northern Pacific for $51M
T-MOBILE USA: Moody's Rates Proposed $500MM Sr. Unsec. Notes Ba3
TABLE LLC: April 20 Plan Confirmation Hearing
TALLAHASSEE INDOOR: Unsecured Creditors to Get 10% Over 5 Years
TANGOE INC: Delisted by Nasdaq; Trading to Halt Starting March 14

TEXAS PELLETS: Files Chapter 11 Plan of Liquidation
THOMAS J. GOLDSTEIN: Compass Bank to Get 100% in 24 Mos., with 3%
TIDEWATER INC: Debt Covenant Waivers Extended Until March 27
TOSHIBA CORP: Westinghouse Brings in Bankruptcy Lawyers
TOTAL EHR: Hires Danowitz Legal as Bankruptcy Counsel

TWH LIMITED: Hires Bingham & Lea as Special Counsel
TWH LIMITED: Hires Salazar as Real Estate Broker
TWH LIMITED: Taps H. Anthony Hervol as Legal Counsel
UNITED ROAD: Committee Taps Gavin/Solmonese as Financial Advisor
UNITED ROAD: Creditors' Panel Hires Pachulski as Counsel

UNIVERSAL WELL: Seeks to Retain Kenneth Conte as CFO
UPPER ROOM BIBLE: Wants Plan Filing Deadline Moved to May 8
US STEEL: Finalizes Plan of Compromise Arrangement, Reorganization
VANITY SHOP: U.S. Trustee Forms 3-Member Committee
VINCHEM USA: Hires Buddy Ford as Bankruptcy Counsel

VPH PHARMACY: Creditors' Panel Hires Wolfson Bolton as Counsel
WALTER INVESTMENT: Bank Debt Trades at 5% Off
WARREN BOEGEL: Trustee Wants to Use Cash Collateral
WAVELAND RESORT: Taps Matthew Pepper as Counsel
WELLMAN DYNAMICS: Unsecs. to Get 30% or Quarterly Payments

WESCO AIRCRAFT: Moody's Affirms B1 CFR & Alters Outlook to Stable
WET SEAL: Creditors' Panel Hires Cooley as Lead Counsel
WGC INC: Northwest Savings Tries to Block Approval of Disclosures
WILTON INDUSTRIES: Bank Debt Trades at 3% Off
WP CPP: Moody's Lowers CFR to B3 on Earnings Pressures

YBRANT MEDIA: Court Denies Creditor's Bid to Dismiss Case
YORK RISK: Bank Debt Trades at 3% Off
ZIO'S RESTAURANT: Court Extends Solicitation Period Thru April 17
ZODIAC INDUSTRIES: Hires Dorf & Nelson as Litigation Counsel
[*] Allen Cremer, Philip Berg Join Otterbourg P.C.


                            *********

499 WINDING ROAD: April 17 Plan Confirmation Hearing
----------------------------------------------------
Judge Robert E. Grossman of the U.S. Bankruptcy Court for the
Eastern District of New York conditionally approved the disclosure
statement explaining 499 Winding Road Corp.'s proposed Plan of
Liquidation dated February 16, 2017, and scheduled a hearing for
April 17, 2017, at 1:30 p.m., for a general case status and to
consider entry of a final order approving the Disclosure Statement
and confirming the Plan.

Objections to the Disclosure Statement or to confirmation of the
Plan must be submitted so as to be received on or before April 10.
All ballots voting in favor of or against the Plan must also be
received on or before April 10.

Under the Debtor's Plan, the general unsecured creditors with
allowed claims will receive pro rata payment of any and all of the
Debtor's liquidated assets remaining after payment of any all
secured claims against those assets, administrative claims, and
priority claims, subject only to a cash reserve of $20,000 for all
post-confirmation administrative expenses, as well as pro rata
payment of all further assets that may be liquidated and/or
recovered by the Debtor in the future, specifically, the Debtor's
right to further tax refunds which it believes itself is entitled
on account of the Farmer's School Tax Credit under New York Tax Law
Section 210.22.

In December, the Court approved the sale of the Debtor's real
property to Gerald T. Campbell, who made a bid in the amount of
$975,000, at an auction conducted by Maltz Auctions, Inc.  On
January 6, 2017, the Debtor closed on the sale of the Real Property
with Campbell's assignee, J & Z Farms, Inc.

The Debtor, following the closing of the sale, paid the liens
against the real property, which left a balance of $582,144.61,
from the sale proceeds.  After payment of the fees and expenses of
Maltz, the remaining sale proceeds will total $547,812.07.

The Plan will be funded from (i) the accumulated cash reserves in
the Debtor's DIP account in the amount of approximately $73,696.84;
(ii) the proceeds of the settlement of the adversary proceeding
against the New York State Department of Taxation and Finance
("NYSDTF"), upon the approval of the settlement with NYSDTF, which
calls for payment to the Debtor of $73,245; and (iii) the Net Sale
Proceeds.

A full-text copy of the Disclosure Statement dated February 16,
2017, is available at http://bankrupt.com/misc/nyeb16-70651-54.pdf

                  About 499 Winding Road

499 Winding Road Corp. sought protection under Chapter 11 of the
Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern
District of New York (Central Islip) (Case No. 16-70651) on
February 19, 2016. The petition was signed by Moe Tamazi,
president.

The Debtor is represented by J. Logan Rappaport, Esq., at Pryor &
Mandelup, LLP. The case is assigned to Judge Robert E. Grossman.

The Debtor disclosed total assets of $283 and total debts of $1.48
million.

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of 499 Winding Road Corp.


624 EAST 222ND: Creditors to Get Full Payment from Sale Proceeds
----------------------------------------------------------------
624 East 222nd Street, LLC's disclosure statement for its amended
plan of liquidation provides for the sale of its property located
at 624 East 222nd Street, in Bronx, New York, to Allerton Fund II,
LLC, subject to higher and better offers.

Allerton is successor-in-interest to Dime Savings Bank of
Williamsburg from whom the Debtor borrowed the principal amount of
$1,600,000.  The Property consists of a six-story multiple-dwelling
residential building with approximately 43 rental apartment units.

The Debtor relates that its original owner has died and his equity
interests in the Debtor went to his estate, which is being
administered by his daughter, Deanna Rodney and the Office of the
Public Administrator of Bronx County, New York.  Ms. Rodney agreed
that Allerton should be the Purchaser of the Property.  Phoenix, a
third-party, has informed the Debtor that it is interested in
bidding at an auction.

The Plan provides for a 100% recovery to all Holders of Allowed
Claims against the Debtor and payment of $1,360,000 to Holders of
Interests.

A full-text copy of the Disclosure Statement dated February 17,
2017, is available at:

       http://bankrupt.com/misc/nysb12-13992-170.pdf

624 East 222nd Street, LLC, filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 12-13992) on September 21, 2012.

The Debtor is represented by:

     Wayne Greenwald, Esq.
     WAYNE GREENWALD P.C.
     475 Park Avenue South, 26th Floor
     New York, NY 10016
     Tel: 212-983-1922


A-K SUPPLY: Wants Plan Filing Deadline Moved to May 8
-----------------------------------------------------
A-K Supply Company, Inc. asks the U.S. Bankruptcy Court for the
Western District of Pennsylvania to extend its exclusive right to
file a Chapter 11 plan through May 8, 2017.

The Debtor informs the Court that it needs additional time to file
a feasible Chapter 11 plan.

The Debtor discloses that there were numerous operational problems
including insurance issues and tax filing issues which Elizabeth
Moody, the daughter of its 100% sole shareholder, Richard Moody,
has been addressing since being appointed as guardian.  There are
also administrative and procedural issues that need to be addressed
before a feasible Chapter 11 Plan can be filed, the Debtor adds. To
date, no creditors have participated in the Chapter 11 process
other than filing proofs of claim, the Debtor reveals.

                      About A-K Supply

A-K Supply Company, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. W.D. Pa. Case No. 16-23349) on Sept. 8, 2016, disclosing
under $1 million in both assets and liabilities.  The Debtor is
represented by Christopher M. Frye, Esq., at Steidl & Steinberg.
No unsecured creditors committee has been appointed in the case.


ABENGOA BIOENERGY: April 26 Plan Confirmation Hearing
-----------------------------------------------------
Judge Kathy A. Surratt-States of the U.S. Bankruptcy Court for the
Eastern District of Missouri has approved the third amended
disclosure statement explaining the third amended plans of
liquidation of Abengoa Bioenergy US Holding, et al., and approved
the following schedule governing the confirmation of the Plan:

   Voting Record Date               February 27, 2017

   Solicitation Date                March 6, 2017

   Publication Notice Date          March 29, 2017

   Rule 3018 Motion Deadline        April 5, 2017

   Rule 3018 Objection Deadline     April 19, 2017

   Voting Deadline                  April 19, 2017

   Confirmation Objection Deadline  April 19, 2017

   Filing of Voting Affidavit       April 21, 2017

   Reply Deadline                   April 24, 2017

   Confirmation Hearing             April 26, 2017,
                                    10:00 a.m. Central

The Troubled Company Reporter previously reported that the Third
Amended Disclosure Statement says the Class 2 General Unsecured
Claims against Bioenergy Debtor Group will recover 30.7% under the
Plan.

Class 2 is impaired.  On or as soon as practicable after the
Effective Date, each holder of an allowed general unsecured claim
against the Bioenergy Debtors will receive its pro rata share of
the Bioenergy General Unsecured Claims Fund, except to the extent
that a holder of an Allowed General Unsecured Claim has been paid
prior to the Effective Date or agrees to a less favorable
classification and treatment.  

The Plan will be implemented by, among other things, the
establishment of the GUC Liquidating Trust, the transfer to the
GUC
Liquidating Trust of the assets of the estates, including without
limitation, all cash and causes of action, and the making of
distributions by the GUC Liquidating Trustee in accordance with
the
Plan and the GUC Liquidating Trust Agreement.   

As reported by the TCR, the Debtors and the Committee previously
filed a disclosure statement referring to the plan, stating that
Class 2 General Unsecured Claims against Bioenergy Debtor Group --
estimated at $385,007,000 -- would recover 31.5%.

The Third Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/moeb16-41161-1023.pdf

                About Abengoa Bioenergy US Holding

Abengoa Bioenergy is a collection of indirect subsidiaries of
Abengoa S.A., a Spanish company founded in 1941.  The global
headquarters of Abengoa Bioenergy is in Chesterfield, Missouri.  

With a total investment of $3.3 billion, the United States has
become Abengoa S.A.'s largest market in terms of sales volume,
particularly from developing solar, bioethanol, and water
projects.

Spanish energy giant Abengoa S.A. is an engineering and clean
technology company with operations in more than 50 countries
worldwide that provides innovative solutions for a diverse range
of
customers in the energy and environmental sectors.  Abengoa is one
of the world's top builders of power lines transporting energy
across Latin America and a top engineering and construction
business, making massive renewable-energy power plants worldwide.

On Nov. 25, 2015, in Spain, Abengoa S.A. announced its intention
to
seek protection under Article 5bis of Spanish insolvency law, a
pre-insolvency statute that permits a company to enter into
negotiations with certain creditors for restricting of its
financial affairs.  The Spanish company is facing a March 28,
2016,
deadline to agree on a viability plan or restructuring plan with
its banks and bondholders, without which it could be forced to
declare bankruptcy.

Gavilon Grain, LLC, et al., on Feb. 1, 2016, filed an involuntary
Chapter 7 petition for Abengoa Bioenergy of Nebraska, LLC ("ABNE")
and on Feb. 11, 2016, filed an involuntary Chapter 7 petition for
Abengoa Bioenergy Company, LLC ("ABC").  ABC's involuntary Chapter
7 case is Bankr. D. Kan. Case No. 16-20178.  ABNE's involuntary
Case is Bankr. D. Neb. Case No. 16-80141.  An order for relief has
not been entered, and no interim Chapter 7 trustee has been
appointed in the Involuntary Cases.  The petitioning creditors are
represented by McGrath, North, Mullin & Kratz, P.C.

On Feb. 24, 2016, Abengoa Bioenergy US Holding, LLC, and five
affiliated debtors each filed a Chapter 11 voluntary petition in
St. Louis, Missouri, disclosing total assets of $1.3 billion and
debt of $1.2 billion.  The cases are pending before the Honorable
Kathy A. Surratt-States and are jointly administered under Bankr.
E.D. Mo. Case No. 16-41161.

The Debtors have engaged DLA Piper LLP (US) as counsel, Armstron
Teasdale LLP as co-counsel, Alvarez & Marsal North America, LLC as
financial advisor, Lazard as investment banker and Prime Clerk LLC
as claims and noticing agent.

The Troubled Company Reporter, on March 14, 2016, reported that
the
Office of the U.S. Trustee appointed seven creditors of Abengoa
Bioenergy US Holding LLC and its affiliates to serve on the
official committee of unsecured creditors.  The Office of the U.S.
Trustee on June 14 appointed three creditors of Abengoa Bioenergy
Biomass of Kansas LLC to serve on the official committee of
unsecured creditors.

The Creditors' Committee of Abengoa Bioenergy US Holdings, et al.,
retained Lovells US LLP as counsel, Thompson Coburn LLP as local
counsel, and FTI Consulting, Inc., as Financial Advisor.

The Creditors' Committee of Abengoa Bioenergy Biomass of Kansas,
LLC, retained Baker & Hostetler LLP as counsel, Robert L. Baer as
local counsel, and MelCap Partners, LLC as financial advisor and
investment banker.


ACHAOGEN INC: FMR LLC Reports 14.1% Stake as of March 9
-------------------------------------------------------
FMR LLC and Abigail P. Johnson disclosed in a regulatory filing
with the Securities and Exchange Commission dated March 9, 2017,
that they beneficially own 4,799,665 shares of common stock of
Achaogen, Inc. representing 14.136% of the shares outstanding.

Members of the Johnson family, including Abigail P. Johnson, are
the predominant owners, directly or through trusts, of Series
B voting common shares of FMR LLC, representing 49% of the voting
power of FMR LLC.  The Johnson family group and all other Series B
shareholders have entered into a shareholders' voting agreement
under which all Series B voting common shares will be voted in
accordance with the majority vote of Series B voting common shares.
Accordingly, through their ownership of voting common shares and
the execution of the shareholders' voting agreement, members of the
Johnson family may be deemed, under the
Investment Company Act of 1940, to form a controlling group with
respect to FMR LLC.

A full-text copy of the Schedule 13G/A is available at:

                     https://is.gd/tR4Jgd

                         About Achaogen

Achaogen, Inc. is a clinical-stage biopharmaceutical company
passionately committed to the discovery, development, and
commercialization of novel antibacterials to treat multi-drug
resistant gram-negative infections.  The Company is developing
plazomicin, its lead product candidate, for the treatment of
serious bacterial infections due to MDR Enterobacteriaceae,
including carbapenem-resistant Enterobacteriaceae.  In 2013, the
Centers for Disease Control and Prevention identified CRE as a
"nightmare bacteria" and an immediate public health threat that
requires "urgent and aggressive action."

Achaogen reported a net loss of $27.09 million in 2015, a net loss
of $20.17 million in 2014 and a net loss of $13.11 million in 2013.
As of Sept. 30, 2016, Achaogen had $80.66 million in total assets,
$49.64 million in total liabilities and $31.01 million in total
stockholders' equity.

The Company's independent accounting firm Ernst & Young LLP, in
Redwood City, California, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2015, citing that the Company's recurring losses from operations
and its need for additional capital raise substantial doubt about
its ability to continue as a going concern.


ACTIVECARE INC: Files Third Amended Form S-1 Prospectus with SEC
----------------------------------------------------------------
ActiveCare, Inc., filed with the Securities and Exchange Commission
an amendment to its Form S-1 registration statement relating to the
offering of 680,000 units, each unit consisting of one share of our
common stock, $0.00001 par value per share, and one warrant to
purchase one share of its common stock, at an assumed public
offering price of $25.00 per unit.  The warrants included within
the units are exercisable immediately, have an exercise price of
$31.25 per share (125% of the public offering price of one unit)
and expire five years from the date of issuance.

The Registration Statement was amended to delay its effective
date.

The units will not be issued or certificated.  Purchasers will
receive only shares of common stock and warrants.  The shares of
common stock and warrants may be transferred separately,
immediately upon issuance.  The offering also includes the shares
of common stock issuable from time to time upon exercise of the
warrants.

The Company's common stock is quoted on OTC Markets Group Inc.
OTCQB quotation system under the trading symbol "ACAR".  The
Company has applied to have its common stock and warrants listed on
The Nasdaq Capital Market under the symbols "ACAR" and "ACARW,"
respectively.  No assurance can be given that its application will
be approved.  On March 9, 2017, the last reported sale price for
the Company's common stock on the OTCQB was $25.00 per share after
giving effect to the 1-for-500 reverse stock split of its common
stock which was effectuated on Jan. 27, 2017, in order to
facilitate NASDAQ listing approval.  There is no established public
trading market for the warrants.  No assurance can be given that a
trading market will develop for the warrants.  Quotes for shares of
the Company's common stock on the OTCQB may not be indicative of
the market price on a national securities exchange, such as The
Nasdaq Capital Market.

A full-text copy of the Form S-1/A is available for free at:

                     https://is.gd/t5huej

                        About ActiveCare

South West Valley City, Utah-based ActiveCare, Inc., develops and
markets products for monitoring the health of and providing
assistance to mobile and homebound seniors and the chronically
ill.

ActiveCare is organized into three business.  The Stains and
Reagents segment is engaged in the business of manufacturing and
marketing medical diagnostic stains, solutions and related
equipment to hospitals and medical testing labs.  The CareServices
segment is engaged in the business of developing, distributing and
marketing mobile health monitoring and concierge services to
distributors and customers.  The Chronic Illness Monitoring segment
is primarily engaged in the monitoring of diabetic patients on a
real time basis.

ActiveCare reported a net loss of $12.8 million on $6.59 million of
chronic illness monitoring revenues for the year ended
Sept. 30, 2015, compared with a net loss of $16.4 million on $6.10
million of chronic illness monitoring revenues for the year ended
Sept. 30, 2014.

As of June 30, 2016, ActiveCare had $1.91 million in total assets,
$21.01 million in total liabilities and a total stockholders'
deficit of $19.10 million.

Tanner LLC, in Salt Lake City, Utah, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Sept. 30, 2015, citing that the Company has recurring losses,
negative cash flows from operating activities, negative working
capital, negative total equity, and certain debt that is in
default.  These conditions, among others, raise substantial doubt
about its ability to continue as a going concern.


AMC ENTERTAINMENT: Moody's Rates New $475MM Sr. Sub. Notes 'B2'
---------------------------------------------------------------
Moody's Investors Service assigned a B2( rating under review)
rating to AMC Entertainment Holdings Inc,'s proposed $475 million
senior subordinated notes issuance due 2027. AMC also maintained
the existing B2 (rating under review) rating for the notes due
2024, including the GBP 250 million add-on. The terms and
conditions of the notes will be materially the same as existing
notes. Proceeds from the transaction will be used to finance AMC's
planned acquisition of Nordic Cinema Group. The B2 (rating under
review ) rating on the notes is one notch below the current CFR,
reflecting subordination to significant claims of secured debt
holders and other senior priority claims totaling more than $2
billion outstanding in the capital structure. The terms and
conditions AMC's B1 Corporate Family Rating ("CFR"), B1-PD
probability of default rating, Ba1 senior secured rating and B2
senior subordinate (assumed by AMC Entertainment Holdings, Inc.)
rating remain under review for downgrade. The outlook also remains
under review.

Assignments:

Issuer: AMC Entertainment Holdings, Inc.

-- Senior Subordinated Regular Bond/Debenture, Assigned at B2 LGD

    5 rating under review for downgrade.

RATINGS RATIONALE

AMC's B1 Corporate Family Rating (CFR, rating under review )
incorporates the company's dividend and CAPEX burdened free cash
flow and the constraints imposed by a mature US box office
experiencing a secular decline in attendance. Additionally, the
company is dependent on a limited number of movie studios,
seasonality and unpredictable box office results, and emerging
competitive threats from new entrants aggressively searching for
ways to deliver movies through new distribution systems. Despite
these challenges, the company is currently one of the four largest
operators in the US. In addition to size and scale, the company
benefits from barriers to entry into the first-run window for
theatrical distribution, a strong value proposition, pricing power,
high margins, and good liquidity.

On March 4, AMC announced a definitive merger agreement to acquire
Carmike Cinemas Inc (Carmike, B2 Under Review for Upgrade), the
fourth largest US theater operator. On July 12, AMC announced a
definitive merger agreement to acquire Odeon & UCI (ratings
withdrawn November 2016), the largest European theatre operator. On
January 23, 2017, AMC announced it will purchase Nordic Cinema
Group AB (NCG) for approximately $929 million. Following the
transaction with Carmike, Moody's changed AMC's outlook to
negative, from stable. Following transaction with NCG, Moody's
placed AMC's B1 Corporate Family Rating ("CFR"), B1-PD probability
of default rating, Ba1 senior secured rating and B2 senior
subordinate (assumed by AMC Entertainment Holdings, Inc.) rating
under review for downgrade. The stable outlook was also placed
under review.

The net effect of the transactions incorporates a material rise in
leverage, substantial exposure to currency risk and the potential
for weaker pound and euro-based earnings, uncertainties stemming
from the exit of the UK from the European Union, and elevated
transaction execution and integration risks with the acquisition of
three major transactions, simultaneously. Despite the negative
implications of the acquisitions, the target companies will
increase 2016 pro-forma revenues substantially, to near $5.4
billion, reflecting a scale more equivalent to low investment grade
peers. Together, the combination with Carmike, Odeon, and NCG will
make AMC the largest theatre operator in the world. Further, the
acquisition of Carmike expands the company's US distribution into
smaller markets with limited overlap to the existing AMC circuit
which is primarily based in larger markets. As well, the
European-based assets of Odeon and Nordic will reduce AMC's US
concentration significantly, substantially expanding the company's
geographic diversity in markets that have higher prospects for
growth.

The review for downgrade will focus on the permanent financing for
the NCG transaction, the pro forma capital structure of the
combined business, the historical financial results of the target
company translated into US dollars and US GAAP, as well as
management's financial policies and capital allocation decisions
including its debt-financed M&A growth strategy for the
consolidated company going forward. Moody's ratings outlook and
rating triggers will be updated upon conclusion of the review.

AMC, 78% owned (before equity issue for acquisitions)by Dalian
Wanda Group Co., Ltd. (Wanda), and headquartered in Leawood,
Kansas, operates approximately 1,022 theaters with 11,235 screens
(as of January 2017, respectively) across the United States and
Europe generating annual revenue of approximately $5.4 billion from
about 389 million guests (pro forma including the acquisitions of
Carmike, Odeon, and Nordic).

The principal methodology used in this rating was Business and
Consumer Service Industry published in October 2016.



AMC ENTERTAINMENT: S&P Affirms 'B+' CCR, Off Creditwatch Negative
-----------------------------------------------------------------
S&P Global Ratings said that it removed its ratings on Kansas-based
AMC Entertainment Holdings Inc. from CreditWatch, where S&P had
placed them with negative implications on Jan. 24, 2017, and
affirmed its 'B+' corporate credit rating on the company.  The
rating outlook is stable.

At the same time, S&P assigned its 'B+' issue-level rating and '4'
recovery rating to the company's proposed $475 million senior
subordinated notes due 2027.  The '4' recovery rating indicates
S&P's expectation for average recovery (30%-50%; rounded estimate:
35%) of principal for lenders in the event of a payment default.

S&P is also affirming its 'B+' issue-level rating on the company's
existing GBP250 million senior subordinated notes due 2024 and
GBP250 million add-on.  The '4' recovery rating is unchanged,
indicating S&P's expectation for average recovery (30%-50%; rounded
estimate: 35%) of principal for lenders in the event of a payment
default.

S&P's 'BB' issue-level and '1' recovery ratings on the company's
existing senior secured debt remains unchanged.

"The affirmation and outlook revision reflects our view that
although AMC's acquisition of Nordic Cinema Group AB will lead to
pro forma leverage remaining above 5x in 2017, the combined
company's increased scale and geographic diversity, along with its
expected substantial discretionary cash flow to debt, will offset
the risk associated with the elevated leverage," said S&P Global
Ratings' credit analyst Scott Zari.

S&P expects that AMC's leverage will moderate to about 5x by the
end of 2018 as the company realizes cost synergies from Nordic and
its 2016 acquisitions of Carmike and Odeon, and uses its increased
scale to better negotiate film rental costs for its new
subsidiaries.  S&P also expects AMC's capital spending to remain
high and that the company will invest in re-seating and enhanced
food and beverage initiatives across the Nordic, Carmike, and Odeon
theater circuits.  Despite its elevated capital spending levels,
AMC should generate positive discretionary cash flow in 2017 and
2018.

The stable rating outlook is based on S&P's expectation that AMC
will successfully integrate Nordic, Odeon, and Carmike's theater
operations over the next two years, while reducing its adjusted
leverage to about 5x by year-end 2018.  S&P expects that the
company will also maintain adequate sources of liquidity and
adjusted discretionary cash flow to debt of about 5%.

S&P could lower the corporate credit rating if AMC doesn't
successfully integrate its recent acquisitions, resulting in S&P's
expectation that its adjusted leverage will remain above the low-5x
area beyond 2018.  This could occur if AMC doesn't realize
significant returns on investments in its customer engagement
initiatives at its new subsidiaries, resulting in EBITDA margin
deterioration and discretionary cash flow approaching break-even
levels.

Although unlikely over the next two years, S&P could raise the
rating if AMC is able to meaningfully increase its operating
margins to a level more in line with its rated peers', if it
consistently generates meaningfully positive discretionary cash
flow, and if it maintains leverage at or below 4.5x, despite
volatility in box office performance.  This would also entail the
company committing to a more conservative financial policy,
especially in light of its majority ownership by Dalian Wanda
Group.


APOLLO ENDOSURGERY: Files Pro Forma Combined Financial Statements
-----------------------------------------------------------------
Apollo Endosurgery, Inc., formerly known as "Lpath, Inc." filed a
Current Report on Form 8-K on Jan. 3, 2017, reporting, among other
items, that on Dec. 29, 2016, Lpath completed its merger with what
was then known as Apollo Endosurgery, Inc.

On March 10, 2017, the Company amended the Current Report on Form
8-K to provide (i) the historical audited financial statements of
Private Apollo and (ii) the pro forma condensed combined financial
information.

For the nine months ended Sept. 30, 2016, the Unaudited Pro Forma
Condensed Combined Statements of Operations showed a net loss of
$24.42 million on $49.51 million of revenues.

As of Sept. 30, 2016, the Pro Forma Combined Balance Sheet showed
$113.39 million in total assets, $64.94 million in total
liabilities and $48.45 million in total stockholders' equity.

A full-text copy of the Financial Statements is available for free
at
https://is.gd/4GDe23

                About Apollo Endosurgery, Inc.

Apollo Endosurgery, Inc. -- http://www.apolloendo.com-- is a
medical device company focused on less invasive therapies for the
treatment of obesity, a condition facing over 600 million people
globally, as well as other gastrointestinal disorders.  Apollo's
device based therapies are an alternative to invasive surgical
procedures, thus lowering complication rates and reducing total
healthcare costs.  Apollo's products are offered in over 80
countries today.  Apollo's common stock is traded on NASDAQ Global
Market under the symbol "APEN".  

On Dec. 29, 2016, a wholly owned subsidiary of Lpath, Inc. merged
with and into Apollo Endosurgery, Inc. resulting in Original Apollo
becoming a wholly owned subsidiary of Lpath.  At the Effective
Time, Lpath effected a name change to "Apollo Endosurgery, Inc."
Each share of Original Apollo common stock (after adjusting for the
1-for-5.5 reverse split of common stock effected by the Issuer
immediately following consummation of the Merger) was exchanged for
0.31632739 shares of the Issuer's common stock at the Effective
Time of the Merger.

Lpath reported a net loss of $10.01 million on $1.59 million of
total revenues for the year ended Dec. 31, 2015, compared to a net
loss of $16.55 million on $5.08 million of total revenues for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, Lpath had $4.04 million in total assets,
$1.35 million in total liabilities and $2.69 million in total
stockholders' equity.

Moss Adams LLP, in San Diego, California, issued a "going concern"
qualification on Lpath's consolidated financial statements for the
year ended Dec. 31, 2015, citing that the Company's recurring
losses and negative operating cash flows raise substantial doubt
about the Company's ability to continue as a going concern.


AQUION ENERGY: Hires Kurtzman Carson as Claims & Noticing Agent
---------------------------------------------------------------
Aquion Energy, Inc., seeks authority from the U.S. Bankruptcy Court
for the District of Delaware to employ Kurtzman Carson Consultants
LLC as claims and noticing agent to the Debtor.

Aquion Energy requires Kurtzman to:

   a. prepare and serve required notices and documents in the
      bankruptcy case in accordance with the Bankruptcy Code and
      the Federal Rules of Bankruptcy Procedure in the form and
      manner directed by the Debtor and the Court, including (i)
      notice of the commencement of the case and the initial
      meeting of creditors under the Bankruptcy Code, (ii) notice
      of any claims bar date, (iii) notice of transfer of claims,
      (iv) notices of objections to claims and objections to
      transfers of claims, (v) notices of any hearings on a
      disclosure statement and confirmation of the Debtor's plan
      or plans of reorganization, including under Bankruptcy Rule
      3017(d), (vi) notice of the effective date of any plan and
      (vii) all other notices, orders, pleadings, publications
      and other documents as the Debtor or Court may deem
      necessary or appropriate for an orderly administration of
      the case;

   b. maintain an official copy of the Debtor's schedules of
      assets and liabilities and statement of financial affairs,
      listing the Debtor's known creditors and the amounts owed
      thereto;

   c. maintain (i) a list of all potential creditors, equity
      holders and other parties-in-interest and (ii) a core
      mailing list consisting of all parties described in
      sections 2002(i), (j) and (k) and those parties that have
      filed a notice of appearance pursuant to Bankruptcy Rule
      9010; updated said lists and make said lists available upon
      request by a party-in-interest or the Clerk;

   d. furnish a notice to all potential creditors of the last
      date for the filing of proofs of claim and a form for the
      filing of a proof of claim, after such notice and form are
      approved by the bankruptcy Court, and notify said potential
      creditors of the existence, amount and classification of
      their respective claims as set forth in the Schedules,
      which may be effected by inclusion of such information on a
      customized proof of claim form provided to potential
      creditors;

   e. maintain a post office box or address for the purpose of
      receiving claims and returned mail, and process all mail
      received;

   f. for all notices, motions, orders or other pleadings or
      documents served, prepare and file or caused to be filed
      with the Clerk an affidavit or certificate of service
      within seven (7) business days of service which includes
      (i) either a copy of the notice served or the docket number
      and title of the pleading served, (ii) a list of persons to
      whom it was mailed, in alphabetical order, with their
      addresses, (iii) the manner of service ,and (iv) the date
      served;

   g. process all proofs of claim received, including those
      received by the Clerk's Office, and check said processing
      for accuracy, and maintain the original proofs of claim in
      a secure area;

   h. maintain the official claims register for the Debtor on
      behalf of the Clerk; upon the Clerk's request, provide the
      Clerk with certified, duplicate unofficial Claims Register;
      and specify in the Claims Registers the following
      information for each claim docketed (i) the claim number
      assigned, (ii) the date received, (iii) the name and
      address of the claimant and agent, if applicable, who filed
      the claim, (iv) the amount asserted, (v) the asserted
      classifications of the claim, (vi) the applicable Debtor,
      and (vii) any disposition of the claim;

   i. implement necessary security measures to ensure the
      completeness and integrity of the Claims Registers and the
      safekeeping of the original claims;

   j. record all transfers of claims and provide any notices of
      such transfers as required by Bankruptcy Rule 3001(e);

   k. relocate, by messenger or overnight delivery, all of the
      court-filed proofs of claim to the offices of Kurtzman, not
      less than weekly;

   l. upon completion of the docketing process for all claims
      received to date for each case, turn over to the Clerk
      copies of the claims register for the Clerk's review;

   m. monitor the Court's docket for all notices of appearance,
      address changes, and claims-related pleadings and orders
      filed and make necessary notations on and changes to the
      claims register;

   n. assist in the dissemination of information to the public
      and respond to requests for administrative information
      regarding the case as directed by the Debtor or the Court,
      including through the use of a case website and call
      center;

   o. if the case is converted to Chapter 7, contact the Clerk's
      Office within three (3) days of the notice to Kurtzman of
      entry of the order converting the case;

   p. 30 days prior to the close of the bankruptcy case,
      request the Debtor submits to the Court a proposed Order
      dismissing Kurtzman and terminating the services of such
      agent upon completion of its duties and responsibilities
      and upon the closing of the bankruptcy case;

   q. within seven days of notice to Kurtzman of entry of an
      order closing the Chapter 11 case, provide to the
      bankruptcy Court the final version of the claims register
      as of the date immediately before the close of the case;
      and

   r. at the close of the bankruptcy case, box and transport all
      original documents, in proper format, as provided by the
      Clerk's Office, to (i) the Federal Archives Record
      Administration, located at Central Plains Region, 200 Space
      Center Drive, Lee's Summit, MO 64064 or (ii) any other
      location requested by the Clerk's Office.

Kurtzman will be paid at these hourly rates:

     Analyst                                    $25-$50
     Technology/Programming Consultant          $35-$70
     Consultant/Sr. Consultant                  $70-$160
     Director/Sr. Managing Consultant           $175
     Executive Vice-President                   Waived
     Securities Director/Solicitations
      Senior Consultant                         $200
     Securities Sr. Director/Solicitation Lead  $215

Kurtzman will be paid a retainer in the amount of $10,000.

Kurtzman will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Evan Gershbein, senior vice president of Corporate Restructuring
Services of Kurtzman Carson Consultants LLC, assured the Court that
the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Kurtzman can be reached at:

     Evan Gershbein
     KURTZMAN CARSON CONSULTANTS LLC
     2335 Alaska Avenue
     El Segundo, CA 90245
     Tel: (310) 823-9000

              About Aquion Energy, Inc.

Aquion Energy, Inc., based in Pittsburgh, PA, filed a Chapter 11
petition (Bankr. D. Del. Case No. 17-10500) on March 8, 2017. The
Hon. Kevin J. Carey presides over the case. Laura Davis Jones,
Esq., at Pachulski Stang Ziehl & Jones LLP, to serve as bankruptcy
counsel. Kurtzman Carson Consultants, LLC, as claims and noticing
agent.

In its petition, the Debtor estimated $10 million to $50 million in
both assets and liabilities. The petition was signed by Suzanne B.
Roski, chief restructuring officer.



ARUBA PETROLEUM: Wants Exclusive Plan Filing Moved to May 22
------------------------------------------------------------
Aruba Petroleum Inc. asks the U.S. Bankruptcy Court for the Eastern
District of Texas to extend its exclusive plan filing period
through May 22, 2017, and its exclusive solicitation period through
July 22, 2017.

Absent an extension, the Debtor's deadline to file a plan will
expire on March 22, 2017.

The Debtor reasons that it has recently filed a motion to sell a
large portion of its current assets and to the extent the sale is
granted, it can  can use the proceeds to fund its Plan. To the
extent the sale is not granted, the Debtor will need additional
time to determine the best repayment plan for the creditors.

                  About Aruba Petroleum

Aruba Petroleum, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Tex. Case No. 16-42121) on Nov. 22,
2016.  The petition was signed by James Poston, president.  At the
time of the filing, the Debtor disclosed liabilities totaling
$4.67
million.

Eric A. Liepins, P.C. serves as lead counsel to the Debtor.  Ben K.
Barron, Esq. of the Law Office of Ben Barron and Keith Bradley,
Esq. of Bradley Law Firm serve as special counsel to the Debtor.


AURA SYSTEMS: OK'd by Regulators to Manufacture Products in China
-----------------------------------------------------------------
Each applicable governmental authority of the People's Republic of
China has approved the establishment of a joint venture between
Aura Systems, Inc. and Jiangsu AoLunTe Electrical Machinery
Industrial Co., Ltd.  A business license is being issued to the JV,
according to a Form 8-K report filed with the Securities and
Exchange Commission.

Aura Systems previously entered entered into a Sino-Foreign
Cooperative Joint Venture Contract with AoLunTe pursuant to which
the parties will establish a joint venture company for the purposes
of manufacturing and distributing certain mobile power products
based on the Company's patented, integrated, mobile power generator
and power management system that installs in a motor vehicle and
deliver, on-location, both AC and DC electricity for any end user,
as well as such other products as may be agreed upon from time to
time between the Company and the JV , in the People's Republic of
China.

Contributions by the Company and AoLunTe to the JV are conditioned
upon the issuance of approval for the establishment of the JV by
the applicable PRC governmental authorities and the issuance of a
business license to the JV which authorizes the full business scope
of the JV, and in each instance the approval by the Company and
AoLunTe of any changes required to the JV Agreement, Articles of
Association of business scope of the JV.

For purposes of the JV Agreement, the "Establishment Date" is the
first business day after receipt of the certificate of approval
issued by the PRC governmental authority responsible for approving
the JV Agreement and the Articles of Association of the JV.  The
Company expects the certificate of approval to be issued within the
next 10 days.

Pursuant to the JV Agreement, AoLunTe will contribute the RMB
equivalent of $500,000 in cash within 30 days after the
Establishment Date, and also will contribute tangible and
intangible assets (including but not limited to equipment, land and
facilities of the site for the JV) not later than 180 days after
the Establishment Date valued at 9.25 million in US dollars. The
Company will contribute the RMB equivalent of $250,000 in US
dollars within 45 days after the Establishment Date, as well as an
exclusive, non-assignable, and royalty-free license in the PRC to
use the Company's intellectual property with respect to the
Selected Mobile Power Products in the form attached to the JV
Agreement.

AoLunTe is obligated by the JV Agreement to purchase from the
Company $1,250,000 of product, payable in four payments after the
Establishment Date in the amounts of $500,000, $250,000, $250,000,
and $250,000.  The fourth payment will be offset against a prior
advance for products paid by AoLunTe to Aura.

The Company currently is delinquent in filing its annual reports on
Form 10-K and quarterly reports on Form 10-Q, and consequently
neither the narrative nor the financial information contained in
the most recent such reports should be relied upon as presenting a
materially accurate description of the current business or
financial condition of the Company.  The Company will seek to
become current in its filings with the Securities and Exchange
Commission as soon as reasonably practicable.

                       About Aura Systems

El Segundo, Calif.-based Aura Systems, Inc., designs, assembles
and sells the AuraGen(R), its patented mobile power generator that
uses a prime mover such as the engine of a vehicle to generate
power.

Aura Systems incurred a net loss of $13.9 million for the year
ended Feb. 28, 2014, as compared with a net loss of $15.1 million
for the year ended Feb. 28, 2013.

The Company's balance sheet as of Aug. 31, 2014, showed $1.45
million in total assets, $35.07 million in total liabilities and
$33.6 million in total stockholders' deficit.

Kabani & Company, Inc., in Los Angeles, California, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Feb. 28, 2014.  The independent
auditors noted that the Company has historically incurred
substantial losses from operations, and may not have sufficient
working capital or outside financing available to meet its planned
operating activities over the next twelve months.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


BANCA TURCO: Chapter 15 Case Summary
------------------------------------
Chapter 15 Debtor: Banca Turco Romana SA
                   c/o Marina Cornelia Saita, Foreign Rep
                   Astigarraga Davis
                   1001 Brickell Bay Drive, 9th FL
                   Miami, FL 33131
                   Tel: 305-372-8282

About the Debtor: Banca Turco is subject to a bankruptcy
                  proceeding pending before the Bucharest Court -
                  VII Commercial Chamber in Bucharest, Romania.

Foreign Representative: Ms. Marina Cornelia Saita

                  The Foreign Representative is the duly
                  authorized representative of Fondul de
                  Garantare a Depozitelor Bancare, formerly the
                  Fondul de Garantare a Depozitelor in Sistemul
                  Bancar, to administer the Romanian Proceeding.

Chapter 15 Case No.: 17-12995

Chapter 15 Petition Date: March 13, 2017

Court: United States Bankruptcy Court
       Southern District of Florida (Miami)

Judge: Hon. Jay A. Cristol

Foreign Representative's Counsel: Edward H. Davis, Jr., Esq.
                                 Arnoldo B Lacayo, Esq.
                                 Andres H. Sandoval, Esq.
                                 ASTIGARRAGA DAVIS MULLINS &
GROSSMAN, P.A.
                                 1001 Brickell Bay Drive,
                                 9th Floor
                                 Miami, FL 33131
                                 Tel: 305-372-8282
                                 Fax: (305) 372-8202
                                 E-mail: edavis@astidavis.com
                                        alacayo@astidavis.com
                                        asandoval@astidavis.com

Estimated Assets: Not Indicated

Estimated Debts: Not Indicated


BARRY S. MITTELBERG: Proposes to Pay 60% to Unsecured Creditors
---------------------------------------------------------------
Barry S. Mittelberg, P.A., a law office specializing in bankruptcy,
personal injury, and commercial litigation, filed with the U.S.
Bankruptcy Court for the Southern District of Florida a plan and
accompanying disclosure statement proposing to pay holders of
general unsecured claims 60% of their allowed claim within five
years of the effective date.

At March 2, 2017, there is a total of $167,000 of general unsecured
claims filed and/or scheduled as disputed.

The Internal Revenue Service, which filed a claim due to unfiled
tax returns, will be paid in full upon confirmation.  The Debtor
said the returns are being prepared and will be filed prior to
confirmation.  The Debtor has no secured claims.

Payments and distributions under the Plan will be funded by the
Debtor from its revenue as a law practice.  The Post-Confirmation
Manager of the Debtor will be Barry S. Mittelberg, Esq.  He will
receive direct compensation for his services and managing the
Professional Association.  The law firm said its gross revenue is
approximately $550,000 per year, down from $750,000 due in large
measure to the national downturn in bankruptcy filings and loss of
immigration work.
A full-text copy of the Disclosure Statement dated March 2, 2017,
is available at http://bankrupt.com/misc/flsb16-22322-27.pdf

                    About Barry S. Mittelberg

Barry S. Mittelberg, P.A., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-22322) on Sept.
6, 2016.  Stan Riskin, Esq., at Advantage Law Group P.A. serves as
the Debtor's bankruptcy counsel.

An official committee of unsecured creditors has not been appointed
in the Chapter 11 case of Barry S. Mittelberg, P.A., as
of Nov. 8, according to a court docket.


BAVARIA YACHTS: Seeks to Hire Rubber Duck as Broker
---------------------------------------------------
Bavaria Yachts USA, LLLP has filed an amended motion with the U.S.
Bankruptcy Court for the Northern District of Georgia to hire
Rubber Duck Holdings Inc.

Rubber Duck, which conducts business under the name of
YachtSalesInternational.com, will serve as Bavaria's exclusive
broker in connection with the sale of seven vessels owned by the
company.

As payment for its services, the firm will receive a commission of
10% of the vessels' gross sales price.

The firm can be reached through:

     Udo Willersinn
     Rubber Duck Holdings Inc.
     10 South New River Drive East, Suite 105
     Fort Lauderdale, FL 33301
     Phone: +1 954.642.2080

                      About Bavaria Yachts USA

Bavaria Yachts USA, LLLP sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N. D. Ga. Case No. 16-68583) on October 18,
2016.  The petition was signed by Kenneth Feld, manager of Oddbody
LLC, the Debtor's general partner. At the time of the filing, the
Debtor estimated its assets and liabilities at $1 million to $10
million.

The Debtor tapped Louis G. McBryan, Esq. of McBryan LLC to serve as
legal counsel in connection with its Chapter 11 case. The Debtor
hires Alexander Dombrowsky, Esq. at Robert Allen Law as its special
counsel; and Mark M. Chase and Chase CPA, LLC as its accountants.

An official committee of unsecured creditors has not been appointed
in the case.


BELK INC: Bank Debt Trades at 15% Off
-------------------------------------
Participations in a syndicated loan under BELK, Inc is a borrower
traded in the secondary market at 85.25 cents-on-the-dollar during
the week ended Friday, March 3, 2017, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents a decrease of
0.73 percentage points from the previous week.  BELK, Inc pays 450
basis points above LIBOR to borrow under the $1.5 billion facility.
The bank loan matures on Nov. 19, 2022 and carries Moody's B2
rating and Standard & Poor's B rating.  The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
March 3.


BIG RACQUES: Taps Langley & Banack as Bankruptcy Counsel
--------------------------------------------------------
Big Racques Ranch, LLC seeks approval from the US Bankruptcy Court
for the Western District of Texas, San Antonio Division, to employ
Langley & Banack, Inc. as attorneys for the Estate of Big Racques
Ranch.

The professional services to be rendered by the law firm include
giving the Debtor legal advice with respect to its duties and
powers in this case and handling all matters which come before the
Court in this case. No other person in the legal profession is
employed or proposed to be employed by the Debtor to perform these
services.

The Debtor and the law firm have agreed that the law firm will be
compensated by the estate according to its customary hourly rates.
Current customary hourly rates for William R. Davis, Jr., attorney,
is $350 per hour. A retainer in the amount of $10,000.00, plus the
filing fee in the amount of $1,717.00 has been given to the law
firm by the Debtor. The Debtor has agreed to make post-petition
deposits to counsel to cover additional legal services and expenses
as incurred.

Mr. Davis attests that Langley & Banack, Inc. has no connection
with Big Racques Ranch, its creditors or any other party in
interest, its respective attorneys and accountants, the United
States Trustee, or any person employed in the Offices of the United
States Trustee or its Estate and is a disinterested person within
the meaning of 11 U.S.C. Section 327(a).

The Firm can be reached through:

     William R. Davis, Jr.
     LANGLEY & BANACK, INC
     745 E. Mulberry, Suite 900
     San Antonio, TX 78212
     Tel: (210) 736-6600
     Fax: (210) 735-6889
     Email: wrdavis@langleybanack.com

                                About Big Racques Ranch

Big Racques Ranch, LLC of Charlotte, TX filed a voluntary petition
under Chapter 11 of the Bankruptcy Code (Bankr. W.D. of TX Case No.
17-50573) on March 10, 2017. The petition was signed by Randy
Benavides Balderas, president.

The Debtor is represented by William R. Davis, Jr. of Langley &
Banack, Inc.  Judge Craig A. Gargotta presides over the case.

As of the date of the Petition Date, the Debtor holds $1 million to
$10 million in estimated assets and $1 million to $10 million in
estimated liabilities.

Lyssy and Eckel, Inc. is listed as the largest unsecured creditor.


BILLINGSLEY PRECISION: Seeks Conditional Approval of Plan Outline
-----------------------------------------------------------------
Billingsley Precision Machining, LLC, asks the U.S. Bankruptcy
Court for the Northern District of Texas to issue an order
conditionally approving the disclosure statement explaining its
plan of reorganization.

The Troubled Company Reporter previously reported that the Debtor's
plan provides for an estimated 20% recovery for unsecured
non-insider creditors.

Class 6 Claimants (Allowed Non-Insider Unsecured Claims) are
impaired and will be satisfied as follows: The Allowed Claims of
Non-Insider Unsecured Creditors will share pro-rata in the
Unsecured Creditor's Pool.  The Debtor will pay $500 per month for
a period of 60 months into the Unsecured Creditors Pool.  The
Unsecured Creditors will be paid quarterly on the last day of each
calender quarter.

Payments to the Unsecured Creditors will commence on the last day
of the first full calender quarter after the Effective Date.  Based
upon the Debtor's Schedules, the recovery to unsecured non-insider
creditors is estimated to be 20%.

Class 7 Claimants (Allowed Insider Unsecured Claims) are impaired.

This class will receive no payment under this Plan.

Payments to be made under the Plan will come from the continued
operations of the Debtor.  The Debtor has been attempting to
attract new business and currently believes the level of sales will
be sufficient to make the payments under the Plan.

The Disclosure Statement is available at:

    http://bankrupt.com/misc/txnb16-42788-11-36.pdf

               About Billingsley Precision

Billingsley Precision Machining dba West Precision Machine filed a
chapter 11 petition (Bankr. N.D. Tex. Case No. 16-42788) on July
22, 2016.  The petition was signed by David Billingsley, sole
member.  The Debtor is represented by Eric A. Liepins, Esq., at
Eric A. Liepins, P.C.  The case is assigned to Judge Russel F.
Nelms.  The Debtor disclosed total assets at $1.2 million and
total liabilities at $847,102 at the time of the filing.


BIOSTAGE INC: Reports $3.34 Million Fourth Quarter Net Loss
-----------------------------------------------------------
For the three months ended Dec. 31, 2016, Biostage, Inc., reported
a net loss of $3.34 million, or a net loss per diluted share of
$0.20, compared to a net loss of approximately $2.29 million, or a
net loss per diluted share of $0.17 for the three months ended Dec.
31, 2015.  The change is primarily attributable to additional
spending within research and development on outsourced preclinical
studies.

For the year ended Dec. 31, 2016, the Company reported a net loss
of $11.58 million, or a net loss per diluted share of $0.73,
compared to a net loss of $11.70 million, or a net loss per diluted
share of $1.05 for the year ended Dec. 31, 2015.  The change is
attributable to an increase in spending on research and
development, offset by a decrease in stock-based compensation costs
of $2.6 million primarily related to the departure of our former
Chairman and CEO in April 2015.

The Company ended the year with approximately $2.94 million of cash
and cash equivalents.  Based on management's current projections,
it believes it has sufficient cash on hand to fund operations
through the third quarter of 2017.

As of Dec. 31, 2016, Biostage had $4.55 million in total assets,
$2.77 million in total liabilities and $1.77 million in total
stockholders' equity.

Recent Corporate, Development and Regulatory Highlights

   * Closed an $8.0 million public offering;

   * Received Orphan Drug Designation (ODD) for Cellspan
     Esophageal Implant from U.S. Food and Drug Administration
    (FDA);

   * Submitted peer-reviewed manuscript for publication with Mayo
     Clinic on esophageal regeneration data;

   * Advanced collaborative preclinical studies with Connecticut
     Children's Medical Center for pediatric esophageal atresia;

   * Additional preclinical studies with Mayo Clinic on esophagus
     and bronchus program;

   * Built foundation requirements for ongoing Good Laboratory
     Practice (GLP) preclinical studies of esophageal implant in
     support of FDA requirements for IND filing; and

   * Continued improvements on internal quality, regulatory and
     clinical infrastructure in preparation of advancement into
     human clinical studies this year.

"We are pleased with the progress we have achieved over the course
of 2016, specifically with the continued replication of our
preclinical data and the building of our operational foundation.
This provides us with great confidence leading up to our upcoming
IND filing for our flagship program," commented Jim McGorry, CEO of
Biostage.  "We remain diligently focused on advancing our Cellspan
implants and moving into our first-in-human clinical study.  Our
ongoing GLP studies, designed to mimic our proposed Phase 1 study,
continue to show a promising and clear pattern of regeneration.  We
look forward to providing updates on the progress of our studies,
the filing of our IND in the third quarter of 2017 as well as
initiating our Phase 1 study before year end."

              Cellspan Esophageal Program Overview

Following the Company's pre-IND meeting with the FDA in October
2016, the Company received valuable feedback and greater clarity
with respect to the FDA's expectations and Biostage's requirements
for a successful filing of its IND for the esophageal implant
program.

The Company is committed to communicating more frequent updates of
its IND enabling studies, including a progress update at the
American Academy of Thoracic Surgery (AATS) in May.

In November 2016, the Company's Cellspan Esophageal Implant was
granted Orphan Drug Designation by the FDA to restore the structure
and function of the esophagus subsequent to esophageal damage due
to cancer, injury or congenital abnormalities.

Biostage remains on track to file its IND application with the FDA
for adult esophageal cancer in the third quarter of 2017 and
commence its first-in-human studies for its Cellspan esophageal
implant before the end of 2017.

In addition to developing its Cellspan esophageal implant for use
in adults with esophageal cancer, the Company is evaluating its
Cellspan esophageal implant for use to treat pediatric esophageal
atresia (EA).  EA is a rare birth defect in which a baby is born
with a gap between the upper and lower esophagus, which effects
about 1 in 2,500 babies in the U.S. Biostage remains extremely
encouraged with its EA co-development efforts with Connecticut
Children’s Medical Center.  The Company is also evaluating
additional partnerships with children's hospitals showing strong
interest in this program.

Successful development of the Company's Cellframe technology in EA
opens the opportunity for a pediatric voucher.  Under Section 529
to the Federal Food, Drug, and Cosmetic Act (FD&C Act), the FDA
will award priority review vouchers to sponsors of rare pediatric
disease product applications that meet certain criteria.  Under
this program, a sponsor who receives an approval for a drug or
biologic for a "rare pediatric disease" may qualify for a voucher
that can be redeemed to receive a priority review of a subsequent
marketing application for a different product.  The recently
enacted 21st Century Cures Act reauthorized the rare pediatric
disease priority review voucher along with additional favorable
incentives to regenerative medicine companies.

                  Expected Near-Term Milestones

   * Gain continued scientific validation by showing progress of
     ongoing preclinical studies and expand the Company's
     scientific advisory board;

   * Sign additional hospital collaborations with the goal of
     advancing the Company's translational technology and clinical
     development;

   * Provide an update on the Company's progress at the American
     Academy of Thoracic Surgery (AATS) in May;

   * Extend Cellframe technology as a platform for broader and
     additional indications to include the bronchus in
     collaboration with Mayo Clinic in 2017; and

   * Advance the development of pediatric esophageal atresia, a
     congenital disorder where a baby is born with an incomplete
     esophagus.

"We believe that a tremendous opportunity lies ahead for Biostage
with our ability to provide a solution for underserved patients
facing life-threatening diseases.  We've built and advanced the
operational and developmental foundation of our technology over the
course of 2016.  This progress makes 2017 an extremely important
year as we make the transformational pivot to a clinical-stage
company.  We understand even better the need for transparency with
all of our stakeholders during this important time and are
committed to communicating our progress regularly.  We look forward
to continuing the advancement of our Cellspan esophageal implants
and providing our breakthrough technology to esophageal cancer
patients and children suffering from pediatric esophageal atresia,
all of which we believe has the potential to drive shareholder
value in the near and long term," concluded Mr. McGorry.

A full-text copy of the press release is available for free at:

                    https://is.gd/TPChV5

                        About Biostage

Biostage, Inc., formerly Harvard Apparatus Regenerative Technology,
Inc., is a biotechnology company engaged in developing
bioengineered organ implants based on its Cellframe technology.  

Harvard Apparatus reported a net loss of $11.7 million for the year
ended Dec. 31, 2015, compared to a net loss of $11.06 million for
the year ended Dec. 31, 2014.

KPMG LLP, in Boston, Massachusetts, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has suffered recurring
losses from operations and will require additional financing to
fund future operations which raise substantial doubt about its
ability to continue as a going concern.


BURLINGTON STORES: S&P Raises CCR to 'BB' Over 4th Qtr. Results
---------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on New
Jersey-based off-price retailer Burlington Stores Inc. to 'BB' from
'BB-'.  The outlook is stable.

At the same time, S&P raised its issue-level rating on the
company's asset-based revolving credit facility to 'BBB-' from
'BB+'.  The '1' recovery rating is unchanged and indicates very
high (90% to 100%; rounded estimate: 95%) recovery in the event of
a payment default.  S&P also raised its issue-level rating on the
secured term loan to 'BB+' from 'BB'.  The '2' recovery rating is
unchanged and indicates substantial (70%-90%; rounded estimate:
85%) recovery in the event of a payment default.

"The upgrade reflects Burlington's ongoing success as a participant
in the attractive off-price retail sector.  We think the company
has been effective in improving its product assortment and
increasing its offerings in good growth categories such as home
decor," said credit analyst Andy Sookram.  "Its credit ratios have
strengthened due to these improvements and debt reduction. For
fiscal 2016, EBITDA margins advanced 100 basis points to 16.1% and
debt to EBITDA improved to 3.3x from 4x the previous year.  We
anticipate further performance improvement in fiscal 2017 as the
company reaps additional benefits from good sector fundamentals and
operating strategies."

The stable outlook incorporates modest earnings growth and
improvement in credit metrics over the next year.  S&P thinks the
Burlington will continue to benefit from in-store initiatives such
as localized inventory and improved merchandising, but will
encounter modest headwinds from labor cost inflation.  S&P expects
same-stores sales in the low-single-digit area and sound profit
growth, and excess cash flows will be used to fund shareholder
initiatives without incurrence of material additional debt.  S&P's
forecast shows leverage in the low-3x area in the next year.

S&P could lower the ratings if merchandise missteps or unsuccessful
store expansion propel a decline in credit protection metrics and
underperformance relative to S&P's forecast.  For this scenario to
occur, S&P anticipates a 150-basis-point drop in EBITDA margins
from current levels and leverage approaching 4x. Additionally, debt
increases of $250 million without any increase in EBITDA will bring
leverage to this threshold.

If the company outperforms S&P's profit expectations and maintains
sound financial policies, it can consider a higher rating.  For
this to occur, same-store sales would rise around 4% likely on more
attractive product assortment and robust inventory cadence,
resulting in an approximately 350-basis-point improvement in EBITDA
margins.  Stronger profits and a prudent approach to shareholder
initiatives that lead to leverage under 3x on a sustained basis
could result in a ratings upgrade.



BWAY HOLDING: Moody's Rates New Secured Loans B2, Outlook Negative
------------------------------------------------------------------
Moody's Investors Service confirmed the B3 Corporate Family Rating
and B3-PD Probability of Default Rating of BWAY Holding Company,
Inc. Moody's also assigned a B2 rating to BWAY's proposed Senior
Secured Credit Facilities due 2024, B2 rating to its Senior Secured
Notes due 2024 and Caa2 rating to its Senior Unsecured Notes due
2025 of BWAY Holding Company, Inc. The ratings outlook has been
changed to negative from rating under review.

The proceeds will be used to acquire Mauser Group N.V., refinance
the existing Term Loan debt, refinance the existing Senior Notes,
as well as pay fees and expenses associated with the transaction.
This concludes the review for possible downgrade initiated on
February 8, 2017 when BWAY announced that it had offered to acquire
Mauser in a cash and stock transaction.

Moody's took the following actions:

BWAY Holding Company, Inc.

- Confirmed Corporate Family Rating, B3

- Confirmed Probability of Default Rating, B3-PD

- Assigned $1,500 million Senior Secured Term Loan due 2024, B2
  (LGD3)

- Assigned $1,380 million Senior Secured Notes due 2024, B2
   (LGD3)

- Assigned $1,250 million Senior Unsecured Notes due 2025, Caa2
   (LGD5)

- Senior Secured Term Loan due 2023, unchanged at B2 (LGD3) (To
   be withdrawn at close of transaction)

- Senior Unsecured Notes due 2021, unchanged at Caa2 (LGD5) (To
   be withdrawn at close of transaction)

The ratings outlook was revised to negative from rating under
review.

The ratings are subject the transaction closing as proposed and the
receipt and review of the final documentation.

RATINGS RATIONALE

Moody's confirmed BWAY's B3 CFR because the Mauser acquisition will
more than double the company's size and add a significant
international operation to a company that historically operated
primarily in the US and Canada. Moody's also expects BWAY's
positive projected free cash flow will provide some flexibility to
integrate Mauser and reduce leverage while supporting good
liquidity.

The revision of the outlook to negative reflects the elevated pro
forma metrics for the rating category and integration and operating
risk inherent in the Mauser acquisition. BWAY's adjusted pro forma
leverage is over 7.0 times for the 12 months ended December 31,
2016 (excluding projected synergies). The company's credit metrics
weakly position the company in the B3 rating category and leverage
will remain elevated after an acquisition that follows a previous
debt financed dividend and a subsequent LBO in 2016. Additionally,
both companies have very different product lines and serve
primarily different end markets.

BWAY's B3 corporate family rating reflects the weak pro forma
credit metrics for the rating category, high concentration of sales
and financial aggressiveness. The rating also reflects the mixed
contract position, fragmented industry and primarily commoditized
product line. The company generates the majority of its pro forma
revenue from cyclical end markets and has a high customer
concentration in the legacy BWAY segment. BWAY has a history of
financial aggressiveness under multiple owners including the
current sponsor. The legacy Mauser business lacks contractual cost
pass-throughs on a significant percentage of business and has
significant lags on the balance. The BWAY business has long-term
contracts with customers that contain cost pass-through provisions
for core raw materials, but other costs are excluded and the
contracts allow for competitive bids.

The ratings are supported by the company's strong competitive
position in certain markets, long-standing relationships with
customers and geographic diversity. The ratings are also supported
by some exposure to more stable end markets. BWAY has a strong
competitive position in certain end markets (especially the US
housing and construction-related end markets including a dominant
share in the metal segment and competition from a limited number of
suppliers with scale and breadth of product and barriers against
imports). The pro forma company also has geographic diversity with
an extensive global footprint and operations spanning the globe.
BWAY also has some exposure to the relatively more stable consumer
products related end markets. Management has pledged to direct all
free cash flow to debt reduction over the next 18 to 24 months.

The rating outlook is negative. The negative outlook reflects weak
pro forma credit metrics for the rating category and integration
and operating risk inherent in the Mauser acquisition. The company
will need to improve its metrics to a level commensurate with the
B3 rating category over the next 12 to 18 months.

The rating could be upgraded if BWAY sustainably improves credit
metrics and maintains strong liquidity within the context of a
stable operating and competitive environment. The company would
also need to adopt less aggressive financial policies.
Specifically, the ratings could be upgraded if debt to EBITDA
declines below 5.5 times, funds from operations to debt increases
to above 8.75% and EBITDA to gross interest improves to over 2.0
times.

The rating could be downgraded if BWAY fails to improve credit
statistics to a level commensurate with the rating category or
there is a deterioration in liquidity, and/or the operating and
competitive environment. Continued aggressive financial policies
could also pressure the rating. Specifically, the rating could be
downgraded if total debt to EBITDA remains above 6.0 times, funds
from operations to debt remains below 6.0% and EBITDA to gross
interest remains below 2.0 time.

The principal methodology used in these ratings was Packaging
Manufacturers: Metal, Glass, and Plastic Containers published in
September 2015.

BWAY Holding Company, Inc. manufactures general line metal and
plastic containers for industrial and consumer products as well as
manufacturers and reconditions drums and intermediate bulk
containers. General line metal containers accounted for
approximately 38% of BWAY's proforma revenue in fiscal 2016,
general line plastic containers for 38%, intermediate bulk
containers for 12% and reconditioned containers for 9%. With 136
proforma manufacturing facilities, BWAY is a supplier of steel
paint cans, plastic pails, paint bottles, ammunition boxes and
metal and plastic drums. The company generates 74% of proforma
sales in North America, 22% in Europe and 2% in Asia and South
America. Proforma revenue for the twelve months ended December 30,
2016 was approximately $3.2 billion. BWAY is owned by Stone Canyon
Industries.


BWAY HOLDING: S&P Affirms 'B-' CCR on Acquisition of Mauser Grp.
----------------------------------------------------------------
S&P Global Ratings said that it affirmed its 'B-' corporate credit
rating on BWAY Holding Co.  The outlook is stable.

BWAY Holding has signed a definitive agreement to acquire Mauser
Group N.V. in a $2.3 billion transaction.  BWAY is also expected to
refinance its existing $1.24 billion term loan and $650 million
senior notes in conjunction with the acquisition.

At the same time, BWAY Holding has signed a definitive agreement to
acquire Mauser Group N.V. in a $2.3 billion transaction.  BWAY is
also expected to refinance its existing $1.24 billion term loan and
$650 million senior notes in conjunction with the acquisition.   

S&P assigned its 'B-' issue-level rating and '3' recovery rating on
the company's proposed $1.5 billion term loan and $1.38 billion
senior secured notes.  The '3' recovery rating indicates S&P's
expectation of meaningful (50%-70%; rounded estimate 55%) recovery
in the event of a default.

S&P has also assigned its 'CCC' issue-level rating and '6' recovery
rating on the company's proposed $1.25 billion senior unsecured
notes.  The '6' recovery rating indicates S&P's expectation of
negligible (0%-10%; rounded estimate 5%) recovery in the event of a
default.

S&P is affirming its corporate credit rating on BWAY Holding Co. in
conjunction with the company's proposed acquisition of Mauser Group
N.V.

"The stable outlook on BWAY Holding Co. reflects our expectation
that continued U.S. economic growth, particularly within the U.S.
residential construction market, and an improving global
industrials market will continue to support overall sales volumes
and the company's strong free cash flow generation," said S&P
Global Ratings credit analyst Daniel Lee.

Post-Mauser acquisition, S&P expects the company to aggressively
pursue various process improvement opportunities, particularly in
its raw materials procurement.  S&P expects the aforementioned
factors to drive moderate sales growth and improving operating
margins over the next 12 to 18 months.  S&P expects BWAY will
maintain an adjusted debt-to-EBITDA ratio at around 8x over the
next 12 to 18 months, which combined with its consistent free cash
flow generation and the proposed covenant-lite capital structure,
is appropriate for the current rating.

S&P could lower its ratings on BWAY if deteriorating operating
performance results in a constrained liquidity position.  Sharp
increases in raw material costs, weaker demand trends in the
company's key end-markets, and/or the failure to execute on
management's process improvement and integration plans could
depress BWAY's profitability and liquidity.  S&P could also
downgrade the company if it pursues shareholder rewards that
further deteriorate its credit measures.

Though unlikely, S&P could raise its rating if the company can
improve its adjusted debt-to-EBITDA ratio to below 7x on a
sustained basis.  This could occur if operating margins improve by
300 basis points, combined with mid-single digit revenue growth. In
conjunction with improved credit measure, S&P would require a
commitment from the company and its financial sponsor to maintain
financial policies that support the current rating.



CLEAR LAKE: Taps Sheehan Law Firm as Counsel
--------------------------------------------
Clear Lake Development, LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of Mississippi to employ Patrick A.
Sheehan and the firm of Sheehan Law Firm, PLLC as counsel.

The attorney and para-professionals who will have the primary
responsibility for this case, and their hourly billing rates are:

     Patrick A. Sheehan     $300
     Paralegals             $100

Sheehan's professional services to the Debtor will include advising
and consulting with the Debtor and assisting the Debtor in
performing its duty to:

     a. Consult with any Trustee or any committee concerning the
administration of the case;

     b. Investigate the acts, assets, liabilities, and financial
condition of the Debtor, the operation of the Debtor's business and
the desirability of the continuance of such business , and any
other matter relevant to the case or to the formulation of the
plan;

     c. Formulate a plan; and

     d. Prepare any pleadings, motions, answers, notices, orders
and reports that are required for the proper function of the
Debtor.

The firm can be reached through:

     Patrick A. Sheehan
     SHEEHAN LAW FIRM PLLC
     429 Porter Avenue
     Ocean Springs, MS 39564
     Tel: 228-875-0572
     Fax: 228-875-0895
     E-mail: pat@sheehanlawfirm.com

                                 About Clear Lake Development

Clear Lake Development, LLC of Biloxi, MS, filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D. MS
Case No. 17-50392) on March 6, 2017. The petition was signed by
Bernard Favret, member.

The Debtor is represented by Patrick A. Sheehan, Esq, of Sheehan
Law Firm, PLLC. Judge Katharine M. Samson presides over the case.

As of date of the bankruptcy filing, the Debtor disclosed $500,000
to $1 million in estimated assets and $1 million to $10 million in
estimated liabilities.


CLIFFS NATURAL: Hibbing Says Imminent Danger Order Lifted
---------------------------------------------------------
Hibbing Taconite Company, the operations of which are managed by a
wholly-owned subsidiary of Cliffs Natural Resources Inc., received
on March 7, 2017, an order from Mine Safety and Health
Administration at the Company's operations in Minnesota regarding
an employee observed in an elevated position on a piece of
equipment without fall protection.  The employee came down safely
from the elevated position, and the Order was promptly terminated.

The condition cited in the Order referred to above did not result
in an accident or injury nor did it have a material adverse impact
on the Company's operations.

Section 1503(b)(1) of the Dodd-Frank Act requires the disclosure on
a Current Report on Form 8-K of the receipt of an imminent danger
order under section 107(a) of the Federal Mine Safety and Health
Act of 1977 issued by the MSHA.

                 About Cliffs Natural Resources

Cliffs Natural Resources Inc. --
http://www.cliffsnaturalresources.com/-- is a mining and natural
resources company.  The Company is a major supplier of iron ore
pellets to the U.S. steel industry from its mines and pellet plants
located in Michigan and Minnesota.  Cliffs also produces
low-volatile metallurgical coal in the U.S. from its mines located
in West Virginia and Alabama.  Additionally, Cliffs operates an
iron ore mining complex in Western Australia and owns two
non-operating iron ore mines in Eastern Canada.  Driven by the core
values of social, environmental and capital stewardship, Cliffs'
employees endeavor to provide all stakeholders operating and
financial transparency.

On Jan. 27, 2015, Bloom Lake General Partner Limited and certain of
its affiliates, including Cliffs Quebec Iron Mining ULC commenced
restructuring proceedings in Montreal, Quebec, under the Companies'
Creditors Arrangement Act (Canada).  The initial
CCAA order will address the Bloom Lake Group's immediate liquidity
issues and permit the Bloom Lake Group to preserve and protect its
assets for the benefit of all stakeholders while restructuring and
sale options are explored.

Cliffs Natural reported a net loss attributable to Cliffs common
shareholders of $788 million on $2.01 billion of revenues for the
year ended Dec. 31, 2015, compared to a net loss attributable to
Cliffs common shareholders of $7.27 billion on $3.37 billion of
revenues for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Cliffs Natural had $1.77 billion in total
assets, $3.17 billion in total liabilities and a $1.40 billion
total deficit.

                          *    *     *

As reported by the TCR on Feb. 14, 2017, Moody's Investors Service
upgraded Cliffs Natural Resources Inc.'s Corporate Family Rating
(CFR) and Probability of Default Rating to B2 and B2-PD from Caa1
and Caa1-PD, respectively, and assigned a B3 rating to
the new senior unsecured guaranteed notes.  The upgrade follows the
company's announcement of a $500 million senior unsecured
guaranteed note issuance and an approximate $590 million equity
issuance.

In February 2017, S&P Global Ratings said it raised its long-term
corporate credit rating on Cliffs Natural Resources Inc. to 'B'
from 'CCC+' after the company announced a $591 million equity
issuance and the tender offer for high-cost debt.  The outlook is
stable.


COMMERCIAL VEHICLE: Moody's Affirms B2 Corporate Family Rating
--------------------------------------------------------------
Moody's Investors Service affirmed Commercial Vehicle Group, Inc.'s
B2 Corporate Family Rating (CFR) and B2-PD Probability of Default
Rating, and assigned a B2 rating to the company's proposed $175
million term loan. The proceeds of the term loan and $65 million of
cash from the balance sheet will be used to refinance the company's
existing senior secured notes. The rating outlook remains stable.

Moody's affirmed the ratings and maintained a stable rating outlook
because the company's moderate leverage (4.0x FYE 2016 pro-forma
for the transaction) should provide some flexibility to manage
softness in cyclical commercial vehicle sales in 2017. Moody's
projects that Moody's adjusted debt-to-EBITDA leverage will
increase slightly in the next 12 months and will begin to improve
once CVGI's end markets begin to experience recovery. Pro-forma for
the transaction, the cash on the balance sheet will be at
approximately $65 million. Moody's expects the cash and undrawn
revolver capacity will be sufficient to fund estimated by Moody's
negative free cash flow in mid-single digit percentage range
relative to debt in the next 12 to 18 months. The transaction
reduces cash but favorably reduces debt, leverage and cash interest
expense.

Moody's took the following rating actions on Commercial Vehicle
Group, Inc.:

Corporate Family Rating, Affirmed at B2

Probability of Default Rating, Affirmed at B2-PD

$175 Million Term Loan due 2024, Assigned at B2 (LGD4)

Speculative Grade Liquidity Rating, Affirmed at SGL-2

Outlook is Stable

The B2 rating on the existing notes due 2019 is not affected and
will be withdrawn upon transaction closing.

RATINGS RATIONALE

CVGI' s B2 CFR is constrained primarily by its modest size relative
to the global automotive parts supplier universe, customer and
geographic concentration, exposure to highly cyclical commercial
vehicle and construction end markets and negative projected free
cash flow. CVGI maintains high customer concentrations with its top
five customers in 2016 representing about 55% of revenues. In
addition, approximately 78% of the company's sales come from North
America, limiting regional exposure to diversified economies.

About 72% of CVGI's revenues originated from original equipment
customers in the heavy trucking and construction markets exposing
the company to highly cyclical industries. Having declined
approximately 29% in 2016, the North American Class 8 truck
production is expected to remain soft in 2017. CVGI's ongoing
restructuring and cost reduction actions should help the company
maintain its margins (8.7% as of FYE 12/31/2016). Moody's expects
the debt-to-EBTIDA leverage (4.0x FYE 2016 pro-forma for the
transaction) to increase to the mid 4.0x range in 2017 and to
improve when the heavy trucking production rebounds.

CVGI's SGL-2 Speculative Grade Liquidity Rating reflects Moody's
expectation of good liquidity, given the $65 million cash on the
balance sheet (as of FYE 12/31/2016 pro-forma for the transaction)
and undrawn revolver. Moody's notes that approximately $30 million
of the pro-forma cash stays outside of the United States. While the
projected free cash flow is expected to be negative in low single
digits in the next 12-18 months, the company has sufficient cash
resources to fund the deficit. The company is in the process of
increasing the size of the asset-based revolving facility to $65
million expiring in 2022. Historically, the company has not been
reliant on the facility. Both the asset-based revolving facility
and term loan expect to have covenants (springing fixed charge
coverage for the asset-based revolving facility and maximum
leverage for the new term loan), the levels of which are still to
be determined. Moody's expects the company to maintain a good
cushion under its new covenants.

Factors that could lead to an upgrade include sustained
debt-to-EBITDA leverage below 4.0x, sustained EBITDA-to-Interest
coverage above 2.0x and free cash flow to debt approaching 10%.

Factors that could result in a downgrade include sustained
debt-to-EBITDA leverage above 5.5x or a deterioration in
liquidity.

The principal methodology used in these ratings was Global
Automotive Supplier Industry published in June 2016.

Headquartered in New Albany, Ohio, Commercial Vehicle Group, Inc.
("CVGI") is a provider of customized products for the commercial
vehicle market, including the heavy-duty truck, construction,
agricultural, specialty and military transportation markets. The
company is an amalgamation of several predecessor organizations
whose products include cab structures & assembly, seats & seating
systems, trim systems & components, wire harnesses, wipers,
controls and mirrors. Revenues for the fiscal year end December
2016 were approximately $662 million.



COMMERCIAL VEHICLE: S&P Affirms 'B' CCR; Outlook Stable
-------------------------------------------------------
S&P Global Ratings said that it has affirmed its 'B' corporate
credit rating on New Albany, Ohio-based Commercial Vehicle Group
Inc.  The outlook is stable.

At the same time, S&P assigned its 'B' issue-level rating and '4'
recovery rating to the company's proposed $175 million first-lien
term loan.  The '4' recovery rating indicates S&P's expectation for
average recovery (30%-50%; rounded estimate: 40%) in the event of a
payment default.

CVG plans to use the proceeds from the proposed debt issuance,
along with $65 million in cash from its balance sheet, to repay
$235 million of its outstanding 7.875% senior secured second-lien
notes due 2019.  S&P plans to withdraw its issue-level and recovery
ratings on the company's existing rated debt following the
repayment.

"The affirmation reflects our view of CVG's planned refinancing as
a deleveraging transaction, which should improve the company's debt
leverage to the mid-4x range on a pro forma basis (from more than
5x in 2016)," said S&P Global credit analyst Christina Mcgovern.
"Despite the challenging economic conditions in CVG's end markets,
the proposed transaction should allow the company to position its
credit measures more comfortably within our current expectations
for the rating."

The stable outlook on CVG reflects S&P's belief that the company's
debt leverage will be below 5x in 2017 while its FOCF stays
positive despite top-line headwinds from lower commercial vehicle
demand, softness in CVG's global construction end markets, and
negative foreign-exchange headwinds from the strong U.S. dollar.

S&P could lower its ratings on CVG over the next 12 months if the
company unexpectedly uses a meaningful amount of its liquidity such
that its quantitative liquidity factors no longer provide it with
increased financial flexibility relative to its peers.
Specifically, elevated cash outflows relating to capital spending,
acquisitions, or restructuring that materially impact the company's
overall availability could potentially lead S&P to downgrade the
company.  Alternatively, S&P could lower its ratings if the overall
demand for commercial trucks or industrial and agricultural
products declines meaningfully, negatively affecting CVG's
operating performance.  For example, S&P could downgrade the
company if its debt leverage increases above 5x or its FOCF turns
negative for a sustained period.  This could occur if CVG's gross
margins fall below 13% in fiscal-year 2017.

Although unlikely, S&P could raise its ratings on CVG over the next
12 months--despite challenging macroeconomic conditions--if the
company mitigates the impact of its declining revenue and
meaningfully improves its cost structure such that its EBITDA
increases, leading to a sustained reduction in its leverage to less
than 4x.  In addition, S&P would expect the company to maintain
positive cash flow generation, including a FOCF-to-debt ratio of
more than 10%.



COMPANION DX: Taps Jayson & Frisby as Accountant
------------------------------------------------
Companion Dx Reference Lab, LLC seeks approval from the U.S.
Bankruptcy Court for the Southern District of Texas, Houston
Division, to employ, nunc pro tunc, Michael P. Jayson, CPA and his
accounting firm Jayson & Frisby as accountant to represent the
Debtor-in-Possession in a limited engagement for the preparation of
the Debtor's federal tax return for 2015.

The professional services that Michael P. Jayson, CPA have render
are:

     a. Aiding the debtor-in-possession in reviewing the books and
records of the Debtor-in Possession;

     b. Making recommendations regarding the accounting basis and
filing status for the Debtor;

     c. Preparing the appropriate federal income tax returns; and

     d. Aiding the Debtor-in-possession with related tax compliance
matters in regards to its 2015 federal income taxes.

Mr. Jayson has agreed to be compensated on a flat-rate basis of
$9,750 for the preparation of the 2015 income tax returns. In
negotiating this fee, Mr. Jayson estimated that the engagement
would normally be approximately $20,000, by agreed to a deep
discount. In preparing the 2015 federal tax return, Mr. Jayson and
his firm spent approximately 80 hours of time.

     Michael P. Jayson    60 hours      $225       $13,500
     Associates           40 hours      $125         5,000
                                           TOTAL:  $18,000

Mr. Jayson attests that during the period of employment as
accountant to the Debtor-in-Possession, he will not hold any
interest adverse to the interest of the Debtor's or the Estate, and
will not cease to be a disinterested person, as defined in 11
U.S.C. Section 101.

The Accountant can be reached through:

     Michael P. Jayson, CPA
     JAYSON & FRISBY
     5901 Dolores St.
     Houston, TX 77057
     Tel: (713) 789-0542
     Fax: (713) 789-0543
     http://www.jaysonandfrisby.com/

                                About Companion DX Reference Lab

Companion DX Reference Lab, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. S.D.Tex. Case No. 16-33427) on July 5, 2016.  The
petition was signed by Michael Stewart, chief executive officer.
Judge Marvin Isgur presides over the case. Leonard H. Simon, Esq.,
at Pendergraft & Simon, LLP, represents the Debtor as counsel. The
Debtor estimated $1 million to $10 million in assets and $10
million to $50 million in liabilities at the time of the filing.


COMPOUNDING DOCS: Court Extends Plan Filing Through June 13
-----------------------------------------------------------
Judge Erik Kimball has extended Compounding Docs, Inc.'s exclusive
plan filing period through June 13, 2017, and its corresponding
exclusive solicitation period through August 12, 2017.

                   About Compounding Docs

Compounding Docs, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-25312) on Nov. 15,
2016.  The petition was signed by Dr. Charles Robertson, director.

The case is assigned to Judge Erik P. Kimball. At the time of the
filing, the Debtor had $100,000 to $500,000 in estimated assets
and
$1 million to $10 million in estimated liabilities.

The Debtor is represented by Tarek K. Kiem, Esq. at Rappaport
Osborne Rappaport & Kiem, PL.

The U.S. Trustee has been unable to appoint an official unsecured
creditors committee in the case.


CORE RESOURCE: Trustee Taps Terry A. Dake as Legal Counsel
----------------------------------------------------------
The Chapter 11 trustee for Core Resource Management, Inc. seeks
approval from the U.S. Bankruptcy Court in Arizona to hire legal
counsel.

Dale Ulrich, the court-appointed trustee, proposes to hire Terry A.
Dake, Ltd. to give legal advice regarding his duties under the
Bankruptcy Code, and provide other services related to the Debtor's
bankruptcy case.

Terry Dake, Esq., a shareholder of the firm, will charge an hourly
fee of $350.

The firm does not represent any interest adverse to the trustee,
the Debtor and its bankruptcy estate, according to court filings.

The firm can be reached through:

     Terry A. Dake, Esq.  
     Terry A. Dake, Ltd.
     20 E. Thomas Road, Suite 2200
     Phoenix, AZ 85012-3133
     Tel: (602) 710-1005
     Email: tdake@cox.net

                       About Core Resource

Core Resource Management, Inc. was incorporated in Nevada on Feb.
17, 1999.  The original company name was Apex Sports.com, Inc.
Since its inception, Core Resources has been involved in the
business of investing in cash flow positive opportunities.  Upon
completion of this process, approximately $5 million was raised for
what was a startup oil and gas company with no assets.  The primary
use for the invested funds was to purchase royalties and working
interest of existing oil and gas wells.

Core Resource sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Ariz. Case No. 16-06712) on June 13, 2016.  The
petition was signed by Dennis Miller, chief operating officer.   
At the time of the filing, the Debtor estimated its assets and
debts at $1 million to $10 million.

The case is assigned to Judge Brenda K. Martin.  Hauf PLC and Henry
& Horne, LLP serve as bankruptcy counsel and financial
Advisor, respectively.

On July 15, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee hired
Dickinson Wright PLLC as counsel, and Clotho Corporate Recovery,
LLC as financial advisor.

Dale D. Ulrich was appointed as Chapter 11 trustee for the Debtor.


CRYSTAL ENTERPRISES: April 25 Disclosure Statement Hearing
----------------------------------------------------------
The hearing to consider the approval of the Disclosure Statement
explaining Crystal Enterprises, Inc.'s plan of reorganization will
be held on April 25, 2017, at 10:30 a.m.

April 5 is fixed as the last day for filing and serving written
objections to the Disclosure Statement.

The Troubled Company Reporter previously reported that under the
Plan, Class 8 General Unsecured Claims are impaired.  Holders are
expected to recover 13%.  Payments will start on month 80 and will
end on month 86.

The Debtor is a prime vendor providing staffing, food and facility
maintenance services of the United States Department of Defense.
The firm is currently managing military dining facilities for the
United States Air Force, United States Department of Transportation
and The United States Department of the Army.  Additionally, the
Debtor maintains a robust pipeline of opportunities as a Prime
Contractor, as part of a Team and Joint Venture with other
successful firms.

The Plan will be funded by continued work, maintenance and other
performance of contracts.

Payments and distributions under the Plan will be funded by the
Debtor's cash on hand totaling approximately $357,435.

The Debtor has been in business for 20 years and continues to
maintain Government Contracts since 2000 and a Preferred Government
Vendor.  With a strong business development arm, the Debtor
successfully recompletes for contracts and boasts a superior active
business development reputation even among other similar companies
in the industry.  These companies often seek to partner with the
Debtor in bidding for new contracts, as well as servicing and
maintaining current contract, owing to the stellar reputation
maintained by Debtor in its industry sector.  

Currently, the Debtor is actively bidding on and is under
consideration for several additional government contracts.  The
United States Small Business Administration continues to afford the
Debtor a SBA 8M designation.  Under this program, the Debtor
remains a preferred vendor with priority access to large lucrative
government contracts.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/mdb16-22565-163.pdf

                     About Crystal Enterprises

Crystal Enterprises, Inc., is in the business of operating a food
service company and is located in Glenn Dale, Maryland.

Crystal Enterprises filed a Chapter 11 petition (Bankr. D. Md.
Case
No. 16-22565), on Sept. 19, 2016.  The petition was signed by
Sandra Thurman Custis, president.  The case is assigned to Judge
Wendelin I. Lipp.  At the time of filing, the Debtor disclosed
total assets of $114,844 and total liabilities of $3.36 million.  

The Debtor is represented by Rowena Nicole Nelson, Esq., at the
Law
Office of Rowena N. Nelson, LLC.  

No trustee or examiner has been appointed in this case and no
official committees have yet been appointed.


DACCO TRANSMISSION: Taps Hilco Real Estate as Lease Consultant
--------------------------------------------------------------
DACCO Transmission Parts (NY), Inc. seeks approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire
Hilco Real Estate, LLC.

The firm will provide consulting and advisory services related to
the restructuring and renegotiation of the Debtor's lease
agreements.

For each lease that becomes a restructured lease, Hilco will earn a
fee equal to the "restructured lease savings fee."  The amount will
be paid in a lump sum upon closing of the transaction.

A "restructured lease" means any lease for which the Debtor enters
into a written agreement with a landlord that has the effect of
modifying the terms of such lease.

Compensation for any restructured lease will be equal to the sum of
a flat fee of $2,000, plus the aggregate "restructured lease
savings" multiplied by 6.5%.

Ryan Lawlor, vice-president and deputy general counsel of Hilco
Trading, the managing member of Hilco Real Estate, disclosed in a
court filing that the firm is a "disinterested person" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Ryan Lawlor
     Hilco Real Estate, LLC
     5 Revere Drive, Suite 206
     Northbrook, IL 60062

              About DACCO Transmission Parts (NY)

DACCO Transmission Parts (NY), Inc. and 46 affiliated debtors,
including Transtar Holding Company, filed Chapter 11 petitions
(Bankr. S.D.N.Y. Lead Case No. 16-13245) on November 20, 2016.  The
petitions were signed by Joseph Santangelo, authorized
representative.  The cases are assigned to Judge Mary Kay
Vyskocil.

The Debtors estimated assets and liabilities at $500 million to $1
billion at the time of the filing.

Jones Day represents the Debtors as bankruptcy counsel.  The
Debtors hired FTI Consulting, Inc. as restructuring and financial
advisor, Ducera Partners LLC as financial advisor and investment
banker, and Prime Clerk LLC as claims, noticing and solicitation
agent.

Richard Levin was appointed as examiner in the Debtors' cases.  The
examiner is represented by Jenner & Block LLP.

On February 21, 2017, the Debtors filed a Chapter 11 plan of
reorganization.

Headquartered in Cleveland, Ohio, Transtar Holding Company
manufactures and distributes aftermarket driveline Replacement
parts and components to the transmission repair and remanufacturing
market.  It also supplies autobody refinishing products and
manufactures air conditioning, cooling and power steering
assemblies and components.

Founded in 1975, Transtar maintains over 70 local branch locations,
four manufacturing and production facilities (in Alma, Michigan;
Brighton, Michigan; Cookeville, Tennessee; and Ferris, Texas), and
four regional distribution centers throughout the United States,
Canada and Puerto Rico.

On December 21, 2010, the company was acquired from Linsalata
Capital Partners by current majority equity holder Friedman
Fleischer & Lowe LLC.  The acquisition was financed with $425
million of senior secured credit facilities.

As of the Petition Date, the company employs approximately 2,000
full-time and 50 part-time employees in the United States, and
approximately 100 full-time employees in Canada and Puerto Rico.


DANCING WATERS: Disclosures OK'd; Plan Hearing on April 7
---------------------------------------------------------
The Hon. Timothy W. Dore of the U.S. Bankruptcy Court for the
Western District of Washington has approved Dancing Waters, LLC,
and its affiliates' second amended disclosure statement describing
their second amended plan of liquidation.

A hearing will be held on April 7, 2017, at 9:30 a.m. for the
Court's consideration of confirmation of the Debtor's Plan.

Objections to the confirmation of the Plan must be filed by March
31, 2017.

All acceptances or rejections of the Plan must be filed by March
31, 2017.

As reported by the Troubled Company Reporter on March 7, 2017, the
Debtors filed with the Court a joint second amended disclosure
statement, stating that the Plan provides that the Debtors will
close the sale of its property in Whatcom County, which consists of
eight tax parcels with a potential for 24 lots of vacant land
totaling approximately 125 acres.  From the proceeds of the sale,
the Debtors will pay, first, all closing costs; second, the Class 1
Claim in full; third, to the extent of remaining proceeds, the
Class 4 Claim in full; fourth, to the extent of remaining proceeds,
the Class 5 and Class 6 Claim in full; fifth, to the extent of
remaining proceeds, to holders of allowed claims in Class 10, or
whose allowed claims are designated for treatment under Class 10.
Any remaining funds will be distributed to the holders of the
equity interests.

                       About Dancing Waters

Dancing Waters, LLC, sought Chapter 11 protection (Bankr. W.D.
Wash. Case No. 15-13216) on May 22, 2015.  Judge Timothy W. Dore is
assigned to the case.  The Debtor estimated assets and liabilities
in the range of $1 million to $10 million.  The Debtor tapped James
L. Day, Esq., at the Bush Strout & Kornfeld LLP as counsel.  The
petition was signed by Roger Sahlin, manager.


DEWEY & LEBOEUF: Ex-Finance Director Says Firm Inflated Income
--------------------------------------------------------------
Stewart Bishop, writing for Bankruptcy Law360, reports that Frank
Canellas, Dewey & LeBoeuf LLP's former director of finance, told
jurors of the "master plan" to falsely inflate the Firm's income
and admitted to them that the Firm's chief financial officer was in
on the same.

According to Law360, Mr. Canellas was the highest ranking staffer
in the Firm to plead guilty in the Manhattan district attorney's
case accusing the Firm's top executives of an accounting fraud
scheme.  Mr. Canellas, the report states, was the "right hand" of
the Firm's former chief financial officer, Joel Sanders.

Neither investors in the bond offering nor the banks who
participated in a 2010 $100 million debt refinance for the Firm
were ever told that the Firm owed millions of dollars in overdue
bonuses to partners, Law360 relates, citing former partner of the
Firm, Richard Shutran.  According to the report, Mr. Shutran said
that it was "not an absolute obligation" of the firm and therefore
didn't need to be disclosed.

                      About Dewey & LeBoeuf

Dewey & LeBoeuf LLP sought Chapter 11 bankruptcy (Bankr. S.D.N.Y.
Case No. 12-12321) in 2012 to complete the wind-down of its
operations.  The Firm had struggled with high debt and partner
defections.  Dewey disclosed debt of $245 million and assets of
$193 million in its Chapter 11 filing late evening on May 29,
2012.

Dewey & LeBoeuf LLP operated as a prestigious, New York City-
based, law firm that traced its roots to the 2007 merger of Dewey
Ballantine LLP -- originally founded in 1909 as Root, Clark & Bird
-- and LeBoeuf, Lamb, Green & MacCrae LLP originally founded in
1929.  In recent years, more than 1,400 lawyers worked at the firm
in numerous domestic and foreign offices.

At its peak, Dewey employed about 2,000 people with 1,300 lawyers
in 25 offices across the globe. When it filed for bankruptcy,
only 150 employees were left to complete the wind-down of the
business.

Dewey's offices in Hong Kong and Beijing are being wound down.  The
partners of the separate partnership in England are in process of
winding down the business in London and Paris, and administration
proceedings in England were commenced May 28.  All lawyers in the
Madrid and Brussels offices have departed.  Nearly all of the
lawyers and staff of the Frankfurt office have departed, and the
remaining personnel are preparing for the closure.  The firm's
office in Sao Paulo, Brazil, is being prepared for closure and the
liquidation of the firm's local affiliate.  The partners of the
firm in the Johannesburg office, South Africa, are planning to wind
down the practice.

The firm's ownership interest in its practice in Warsaw, Poland,
was sold to the firm of Greenberg Traurig PA on May 11 for
$6 million.  The Pension Benefit Guaranty Corp. took $2 million of
the proceeds as part of a settlement.

Judge Martin Glenn oversees the case.  Albert Togut, Esq., at
Togut, Segal & Segal LLP, represents the Debtor.  Epiq Bankruptcy
Solutions LLC serves as claims and notice agent.  The petition was
signed by Jonathan A. Mitchell, chief restructuring officer.

JPMorgan Chase Bank, N.A., as Revolver Agent on behalf of the
lenders under the Revolver Agreement, hired Kramer Levin Naftalis
& Frankel LLP.  JPMorgan, as Collateral Agent for the Revolver
Lenders and the Noteholders, hired FTI Consulting and Gulf
Atlantic Capital, as financial advisors.  The Noteholders hired
Bingham McCutchen LLP as counsel.

The U.S. Trustee formed two committees -- one to represent
unsecured creditors and the second to represent former Dewey
partners.  The creditors committee hired Brown Rudnick LLP led by
Edward S. Weisfelner, Esq., as counsel.  The Former Partners hired
Tracy L. Klestadt, Esq., and Sean C. Southard, Esq., at Klestadt &
Winters, LLP, as counsel.

FTI Consulting, Inc., was appointed secured lender trustee for the
Secured Lender Trust.  Alan Jacobs of AMJ Advisors LLC, was named
Dewey's liquidation trustee.  Scott E. Ratner, Esq., Frank A.
Oswald, Esq., David A. Paul, Esq., Steven S. Flores, Esq., at
Togut, Segal & Segal LLP, serve as counsel to the Liquidation
Trustee.

Dewey's liquidating Chapter 11 plan was approved by the bankruptcy
court in February 2013 and implemented in March.  The plan created
a trust to collect and distribute remaining assets.  The firm
estimated that midpoint recoveries for secured and unsecured
creditors under the plan would be 58.4 percent and 9.1 percent,
respectively.


DEXTERA SURGICAL: Proposes Public Offering of $9M Common Shares
---------------------------------------------------------------
Dextera Surgical Inc. filed with the Securities and Exchange
Commission a preliminary prospectus relating to the offering of an
undetermined shares of the Company's common stock with a proposed
aggregate offering price of $9 million.

The Company is also offering to those purchasers, whose purchase of
shares of common stock in this offering would result in the
purchaser, together with its affiliates and certain related
parties, beneficially owning more than 4.99% of the Company's
outstanding common stock following the consummation of this
offering the opportunity to purchase, if they so choose, in lieu of
the shares of its common stock that would result in ownership in
excess of 4.99%, shares of Series B Convertible Preferred Stock,
convertible at any time at the holder's option into a number of
shares of common stock equal to $ ____ divided by the combined
public offering price per share of common stock and related
warrant, at a public offering price of $ ____               per
share of Series B Preferred Stock.  Each share of Series B
Preferred Stock is being sold together with the same warrants
described above being sold with each share of common stock.  The
shares of Series B convertible preferred stock and warrants are
immediately separable and will be issued separately.

The Company's common stock is listed on the Nasdaq Capital Market
under the symbol "DXTR."  The Company does not intend to list the
Series B convertible preferred stock or warrants to be sold in this
offering on any stock exchange.

A full-text copy of the Form S-1 prospectus is available at:

                      https://is.gd/JNDWu6

                   About Dextera Surgical Inc.

Dextera Surgical Inc., formerly Cardica, Inc., is focused on the
commercialization and development of microcutter product line
intended for use by surgeons.  The Company is engaged in
commercializing and developing MicroCutter XCHANGE 30 based on its
staple-on-a-strip technology for use by thoracic, pediatric,
bariatric, colorectal and general surgeons.  Its MicroCutter
XCHANGE 30 is a cartridge based microcutter device with around five
millimeter shaft diameter and around 30 millimeter staple line
cleared for use in the United States for specific indications for
use, and in the European Union for a range of indications for use.

Dextera reported a net loss of $15.98 million in 2015, a net loss
of $19.18 million in 2014 and a net loss of $16.96 million in
2013.

As of Dec. 31, 2016, Dextera had $8.86 million in total assets,
$8.45 million in total liabilities and $418,000 in total
stockholders' equity.

BDO USA, LLP, in San Jose, California, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2015, citing that the Company has suffered recurring
losses from operations that raise substantial doubt about its
ability to continue as a going concern.


DRIVING MISS DAISY: Resolves MinnDOR Objection, Files New Plan
--------------------------------------------------------------
Driving Miss Daisy, Inc., filed with the U.S. Bankruptcy Court for
the District of Minnesota a second plan of reorganization and
accompanying disclosure statement in its Chapter 11 case, after the
first reorganization plan, filed in December last year, failed to
receive confirmation from the Court.

According to the Debtor, the disclosure statement and plan filed in
December 2016 did not receive approval by the Court due to an
objection asserted by the Minnesota Department of Revenue.  Since
that time, the Debtor and Minnesota Revenue have agreeably resolved
any contest brought by that objection.  In resolution of this
contest, the Debtor has agreed that the Chapter 11 case will remain
open and will not be closed by the Court until the earlier of
either 12 months following an entry of an order confirming a
Chapter 11 plan or when Minnesota Revenue's claim in the amount of
$5,777.86 has been paid in its entirety, whichever is sooner.

This new Plan provides that Class 1 - General Unsecured Claims
totaling $99,197.04, will be paid 100% of their allowed claim
amount, without interest, over a period not exceeding seven years
following the Effective Date.  Accordingly, each holder of a Class
1 claim will receive a pro rata share of regular distributions
totaling $99,197.04, without interest, to be made in semi-annual
payments, commencing on the 15th day of the sixth full calendar
month following the Effective Date and estimated to commence in
September, 2017, and then again on the 15th of the month that is
six months thereafter, and continuing likewise once every six
months for a total of 14 semi-annual payments of $7,085.50 each.

Insiders of the Debtor, as defined in Section 101(31) of the
Bankruptcy Code, will waive any claim that each may have against
the Debtor.  Accordingly, no insider of the Debtor will receive any
payment on his or her claims.  The Debtor estimates these Insider
Claims to total $1,750.00.

A full-text copy of the Disclosure Statement dated March 2, 2017,
is available at http://bankrupt.com/misc/mnb16-41865-54.pdf

The Debtor also has filed a motion asking the Court for conditional
approval of the Disclosure Statement.

                    About Driving Miss Daisy

Driving Miss Daisy, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D. Minn. Case No. 16-41865) on June 21, 2016.

Lynn J.D. Wartchow, Esq., at Wartchow Law Office, LLC, serves as
the Debtor's bankruptcy counsel.

The U.S. Trustee has informed the U.S. Bankruptcy Court for the
District of Minnesota that a committee of unsecured creditors has
not been appointed in the Chapter 11 case of Driving Miss Daisy,
Inc., due to insufficient response to the U.S. Trustee
communication/contact for service on the committee.


EASTERN OUTFITTERS: Stark & Stark Representing Landlords
--------------------------------------------------------
John R. Weaver, Jr., Esq., at Stark & Stark, P.C., filed with the
U.S. Bankruptcy Court for the District of Delaware on March 9,
2017, a verified statement pursuant to Fed. R. Bankr. Pro. 2019 of
multiple representation in the Chapter 11 cases of Eastern
Outfitters, et al.

Stark & Stark represents approximately two commercial landlords:

     a. Levin Management Corporation
        as Agent for Somerset County Shopping Center
        Somerset County Shopping Center
        347 US Highway 202/206 South
        Bridgewater, NJ 08807
        Date of Lease: April 25, 1999

     b. Charles River Realty
        as Agent for Nashua 281
        Realty Ventures, LLC
        281 Daniel Webster Highway
        Nashua, NH 03060
        Date of Lease: Feb. 16, 2012

The filing of this Verified Statement does not waive any rights
including:

     i. the Landlords' rights to have final orders in non-core
        matters entered only after de novo review by a district
        judge;

    ii. the Landlords' rights to trial by jury in any proceeding
        and any trial on their claims;

   iii. the Landlords' rights to have the reference withdrawn by
        the District Court in any matter subject to mandatory or
        discretionary withdrawal or abstention to the extent not
        previously directed;

    iv. the Landlords' rights in not submitting themselves to the
        jurisdiction of the Bankruptcy Court; and

     v. any other rights, claims, actions, defenses, reclamations,

        setoffs, or recoupments to which the Landlords are or may
        be entitled under any agreement, in law or in equity, all
        of which rights, claims, actions, defenses, reclamations,
        setoffs, and recoupments Stark & Stark’s Landlords'
        expressly reserve.

Stark & Stark can be reached at:

     John R. Weaver, Jr., Esq.
     STARK & STARK
     A Professional Corporation
     831 N. Tatnall Street
     Wilmington, Delaware 19801
     Tel: (302) 655-7371 (direct)
     E-mail: jrweaverlaw@verizon.net

          -- and --

     Thomas S. Onder, Esq.
     Joseph H. Lemkin, Esq.
     STARK & STARK
     A Professional Corporation
     993 Lenox Drive
     Lawrenceville, NJ 08648
     Tel: (609) 219-7458 (direct)
          (609) 896-9060 (main)
     Fax: (609) 895-7395
     E-mail: tonder@stark-stark.com
             jlemkin@stark-stark.com

                   About Eastern Outfitters

Headquartered in Meriden, Connecticut, Eastern Outfitters, LLC,
is the holding company of outdoor sports apparel and equipment
retailers Bob's Stores and Eastern Mountain Sports.

Eastern Outfitters, LLC, aka Subortis Retail Group, LLC, along
with affiliates, filed for Chapter 11 bankruptcy protection
(Bankr. D. Del. Lead Case No. 17-10243) on Feb. 5, 2017.  The
petitions were signed by Mark Walsh, chief executive officer.

Judge Laurie Selber Silverstein presides over the cases.

Eastern Outfitters, Subortis IP Holdings, and Eastern Mountain
Sports each estimated its assets and liabilities at between $100
million and $500 million each.

Robert G Burns, Esq., Jennifer Feldsher, Esq., and David M Riley,
Esq., and Mark E. Dendinger, Esq., at Bracewell LLP serve as the
Debtors' restructuring counsel.

Norman L. Pernick, Esq., Marion M Quirk, Esq., and Katharina
Earle, Esq., at Cole Schotz P.C. serve as the Debtors' Delaware
counsel.

Alixpartners, LLP, is the Debtors' turnaround advisor.  Lincoln
Partners Advisors LLC is the Debtors' financial advisor.  Kurtzman
Carson Consultants is the Debtors' claims and noticing agent.


ECOARK HOLDINGS: Issues $3.1M Convertible Notes to 20 Investors
---------------------------------------------------------------
From March 6, 2017 to March 10, 2017, Ecoark Holdings, Inc., issued
$3,100,000 of 10% Secured Convertible Promissory Note to 20
accredited investors for an aggregate original issue price of
$3,100,000.

The Notes, which have a maturity date of 18 months from issuance,
bear quarterly interest at the rate of 10% per annum.  The Notes
are secured by the Company's ownership interest in Sable Polymer
Solutions, LLC.  For every $100,000 of principal amount, the
Investor will receive a warrant to purchase 10,000 shares of Common
Stock if the Investor converts this Note to the Company's common
stock on or before March 31, 2017.  Those Warrants will have an
exercise price of $7.50 and shall be exercisable for cash until
Dec. 31, 2018.

The principal and accrued interest under the Notes may be converted
at any time, at the election of the Investors into shares of the
Company's common stock at a per share prices equal to $4.25 or
$5.10, varying with the price on the date of the Note's issuance.
The Company may require an Investor to convert all, but not less
than all of the unconverted portion of the Notes, upon written
notice that (i) the last reported sale price of the Company's
common stock on each of 30 prior consecutive trading days exceeded
$9.00 and (ii) the average daily trading volume of the Company's
common stock over the 30 prior consecutive trading period was not
less than 90,000 shares on the trading market on which the common
stock is listed or designated for quotation.  In the event that the
Notes are not converted, the Investor will be repaid in cash.

The Notes were issued and sold to certain "accredited investors"
(as defined in Rule 501 of Regulation D) in reliance upon the
exemption from registration provided under Section 4(a)(2) of the
Securities Act of 1933, as amended, and Rule 506 of Regulation D
promulgated thereunder.  The Company did not pay any placement
agent for the sale of the Note.

                    About Ecoark Holdings

Ecoark Holdings, Inc., is a technology solutions company.  The
Company offers technologies to fight waste in operations,
logistics, and supply chains worldwide.  It provides pallet-level
time and temperature tracking, pre-cool prioritization and
monitoring, pallet routing, real-time in-transit monitoring, remote
visibility, and quality management solutions.  The Company also
offers Point Clouds, which creates two dimensional (2d) and three
dimensional (3d) digital replications; High definition (HD) photos,
a 360 degree rotational bubble image from various project
perspectives; 2d Plans that plan and elevates views in CAD/PDF; and
3d models, such as Revit, CAD, Cyclone, 3dS, and others; as well as
provides training and consultation services on laser scan and/or
creates 2d as-builts or 3d models.

For the nine months ended Sept. 30, 2016, the Company reported a
net loss of $14.60 million on $10.77 million of revenues compared
to a net loss of $7.78 million on $6.18 million of revenues for the
nine months ended Sept. 30, 2015.

As of Sept. 30, 2016, Ecoark had $20.48 million in total assets,
$10.75 million in total liabilities and $9.72 million in total
stockholders' equity.

"The Company raised $17,320 of additional capital, net of expenses,
in a private placement subsequent to the reverse merger transaction
on March 24, 2016...  The Company's ability to raise additional
capital through future equity and debt securities issuances is
unknown.  Obtaining additional financing, the successful
development of the Company's contemplated plan of operations,
ultimately, to profitable operations are necessary for the Company
to continue operations.  The ability to successfully resolve these
factors raises substantial doubt about the Company's ability to
continue as a going concern," the Company stated in its quarterly
report for the period ended Sept. 30, 2016.



ECOARK HOLDINGS: Issues $3.1M Convertible Notes to 20 Investors
---------------------------------------------------------------
From March 6, 2017, to March 10, 2017, Ecoark Holdings, Inc.,
issued $3,100,000 of 10% Secured Convertible Promissory Note to 20
accredited investors for an aggregate original issue price of
$3,100,000.

The Notes, which have a maturity date of 18 months from issuance,
bear quarterly interest at the rate of 10% per annum.  The Notes
are secured by the Company's ownership interest in Sable Polymer
Solutions, LLC.  For every $100,000 of principal amount, the
Investor will receive a warrant to purchase 10,000 shares of Common
Stock if the Investor converts this Note to the Company's common
stock on or before March 31, 2017.  Those Warrants will have an
exercise price of $7.50 and shall be exercisable for cash until
Dec. 31, 2018.

The principal and accrued interest under the Notes may be converted
at any time, at the election of the Investors into shares of the
Company's common stock at a per share prices equal to $4.25 or
$5.10, varying with the price on the date of the Note's issuance.
The Company may require an Investor to convert all, but not less
than all of the unconverted portion of the Notes, upon written
notice that (i) the last reported sale price of the Company's
common stock on each of 30 prior consecutive trading days exceeded
$9.00 and (ii) the average daily trading volume of the Company's
common stock over the 30 prior consecutive trading period was not
less than 90,000 shares on the trading market on which the common
stock is listed or designated for quotation.  In the event that the
Notes are not converted, the Investor will be repaid in cash.

The Notes were issued and sold to certain "accredited investors"
(as defined in Rule 501 of Regulation D) in reliance upon the
exemption from registration provided under Section 4(a)(2) of the
Securities Act of 1933, as amended, and Rule 506 of Regulation D
promulgated thereunder.  The Company did not pay any placement
agent for the sale of the Note.

                    About Ecoark Holdings

Ecoark Holdings, Inc., is a technology solutions company.  The
Company offers technologies to fight waste in operations,
logistics, and supply chains worldwide.  It provides pallet-level
time and temperature tracking, pre-cool prioritization and
monitoring, pallet routing, real-time in-transit monitoring, remote
visibility, and quality management solutions.  The Company also
offers Point Clouds, which creates two dimensional (2d) and three
dimensional (3d) digital replications; High definition (HD) photos,
a 360 degree rotational bubble image from various project
perspectives; 2d Plans that plan and elevates views in CAD/PDF; and
3d models, such as Revit, CAD, Cyclone, 3dS, and others; as well as
provides training and consultation services on laser scan and/or
creates 2d as-builts or 3d models.

For the nine months ended Sept. 30, 2016, the Company reported a
net loss of $14.60 million on $10.77 million of revenues compared
to a net loss of $7.78 million on $6.18 million of revenues for the
nine months ended Sept. 30, 2015.

As of Sept. 30, 2016, Ecoark had $20.48 million in total assets,
$10.75 million in total liabilities and $9.72 million in total
stokholders' equity.

"The Company raised $17,320 of additional capital, net of expenses,
in a private placement subsequent to the reverse merger transaction
on March 24, 2016...  The Company's ability to raise additional
capital through future equity and debt securities issuances is
unknown.  Obtaining additional financing, the successful
development of the Company's contemplated plan of operations,
ultimately, to profitable operations are necessary for the Company
to continue operations.  The ability to successfully resolve these
factors raises substantial doubt about the Company's ability to
continue as a going concern," the Company stated in its quarterly
report for the period ended Sept. 30, 2016.


EMERALD OIL: Court Extends Exclusive Plan Filing Through June 19
----------------------------------------------------------------
Judge Kevin Gross has extended Emerald Oil, et al.'s exclusive plan
filing period through June 19, 2017, and their exclusive plan
solicitation period through August 16, 2017.

                         About Emerald Oil

Emerald Oil, Inc., is a Denver-based independent exploration and
production company that is focused on acquiring acreage and
developing wells in the Williston Basin of North Dakota.

Emerald Oil, Inc., Emerald DB, LLC, Emerald NWB, LLC, Emerald WB
LLC and EOX Marketing, LLC filed separate Chapter 11 bankruptcy
petitions (Bankr. D. Del. Case Nos. 16-10704 to 16-10708) on March
22, 2016.  Ryan Smith signed the petitions as chief financial
officer.

The Debtors have hired Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Pachulski Stang
Ziehl & Jones LLP as local counsel, Intrepid Financial Partners,
LLC as investment banker, Opportune LLP as restructuring advisor
and Donlin Recano & Company, Inc., as claims and noticing agent.

Judge Kevin Gross has been assigned the cases.

Andrew Vara, acting U.S. trustee for Region 3, appointed seven
creditors of Emerald Oil, Inc., to serve on the official committee
of unsecured creditors.  The Committee retains Whiteford, Taylor &
Preston LLC as Delaware counsel, and Akin Gump Strauss Hauer & Feld
LLP as co-counsel.

Cortland Capital Market Services, LLC is represented by Joseph H.
Smolinsky, Esq., and David N. Griffiths, Esq., at Weil Gotshal &
Manges LLP, and Mark D. Collins, Esq., Zachary I. Shapiro, Esq.,
and Andrew M. Dean, Esq., at Richards Layton & Finger PA.


ESSAR STEEL: U.S. Creditors to Move Ahead with Takeover
-------------------------------------------------------
Jacquie McNish, writing for The Wall Street Journal, reported that
a group of U.S. creditors is pushing ahead with a proposal to
acquire the Canadian steelmaking subsidiary of Essar Global, people
familiar with the matter said, following a court ruling terminating
the Indian conglomerate’s right to block a takeover.

According to the report, the secured creditors, which include New
York-based hedge fund GoldenTree Asset Management LP and Bain
Capital, proposed in September to acquire Essar Steel Algoma Inc.

A legal dispute over Essar Global's rights to thwart an unwanted
takeover threatened to derail the proposed purchase, the report
related.  A ruling by an Ontario court eliminates a key obstacle to
the deal, which calls for creditors to invest up to $425 million
and convert $1.3 billion of debt into equity, the report further
related.

Ontario Superior Court Judge Francis Newbould said in the ruling
that Essar Global struck an "unfairly prejudicial" deal when
"critical" port assets belonging to Essar Steel Algoma were
acquired by an affiliate of the parent in 2014, the report said.
Essar Steel Algoma ships the bulk of its products through port
facilities located near its operations in Sault Ste. Marie,
Ontario, about 200 miles northwest of Toronto, the report added.

The disputed asset sale included an unusual provision that entitled
the parent company to veto a change of control, the report noted.
Judge Newbould said in his ruling that the veto was "a material
impediment to restructuring" that would leave the company "at the
mercy" of its Mumbai-based parent, the report said.  Essar Steel
Algoma filed for bankruptcy court protection in late 2015, the
report added.

                   About Essar Steel Minnesota

Essar Steel Minnesota LLC and ESML Holdings Inc. filed for Chapter
11 bankruptcy protection (Bankr. D. Del. Case Nos. 16-11627 and
16-11626) on July 8, 2016.  The bankruptcy petition was signed by
Madhu Vuppuluri, president and chief executive officer.

The Debtors are represented by Craig H. Averich, Esq., at White &
Case LLP and John L. Bird, Esq., and Jeffrey M. Schlerf, Esq., at
Fox Rothschild LLP.  Epic Bankruptcy Solutions, LLC, serves as
claims and noticing agent.

The cases are assigned to Judge Brendan Linehan Shannon.

ESML Holdings Inc. estimated assets at $1 billion to $10 billion
and debts at $500 million to $1 billion.  Essar Steel Minnesota
LLC
estimated assets and debts at $1 billion to $10 billion.

Andrew Vara, acting U.S. trustee for Region 3, on July 20, 2016,
appointed the official committee of unsecured creditors of ESML
Holdings, Inc., and its affiliates.  The Committee hired Andrew K.
Glenn, at Kasowitz Benson Torres & Friedman LLP, to act as
counsel.
David MacGreevey, at Zolfo Cooper, LLC, to serve as financial
advisor.  Garvan F. McDaniel, at Hogan McDaniel, to act as
Delaware
counsel.


EXCEPTIONAL SOFTWARE: Responds to Suit Over Chapter 7 Liquidation
-----------------------------------------------------------------
On March 8, 2017, Iconsulting Group, Inc., Independent Software,
Inc. and George Street Services Inc. filed a legal action against
Exceptional Software Strategies, Inc. (the "Company") seeking to
force the liquidation of the Company under Chapter 7 of the U.S.
Bankruptcy Code.  The Company has not been and is not in
bankruptcy, nor is it at risk of going into bankruptcy.  The
Company is financially sound and continues to operate in the
ordinary course of business.  The Company intends to immediately
seek the dismissal of this legal proceeding and further intends to
seek both compensatory and punitive damages against the filing
parties as permitted under the Bankruptcy Code for the substantial
harm to the Company and its nearly 100 employees caused by the
filing of this unjustified involuntary bankruptcy petition.  The
Company believes that the action has no merit and expects to
prevail so that it will not be forced into bankruptcy.

The Company has engaged the law firm of Whiteford, Taylor and
Preston LLP to protect its interests and to obtain all necessary
and appropriate relief from the Bankruptcy Court to address the
damages caused by this ill-conceived action.

The case number is 17-13141 (Bankr. D. Md.).

           About Exceptional Software Strategies, Inc.

Exceptional Software Strategies, Inc. is a professional services
company providing Information Technology solutions and services to
mission-oriented Federal Civilian Agencies and DoD.  Throughout its
history Exceptional Software has focused on support to the
Intelligence Community (IC) in Maryland, as well as clients outside
the IC – e.g. the Department of Justice, NASA, Nuclear Regulatory
Commission and the US Army, etc.


FALCO MOBILE: Seeks to Hire Blumenfeld as Legal Counsel
-------------------------------------------------------
Falco Mobile Food LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of New York to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire The Law Office of Rachel S. Blumenfeld
PLLC to give legal advice regarding its duties under the Bankruptcy
Code, negotiate with creditors, assist in the preparation of a
bankruptcy plan, and provide other legal services.

The hourly rates charged by the firm are:

     Rachel Blumenfeld     $450
     Of Counsel            $400
     Paraprofessional      $150

Rachel Blumenfeld, Esq., disclosed in a court filing that her firm
does not hold or represent any interest adverse to the Debtor.

The firm can be reached through:

     Rachel S. Blumenfeld, Esq.
     The Law Office of Rachel S. Blumenfeld
     26 Court Street, Suite 2220
     Brooklyn, NY 11242
     Phone: 718-858-9600
     Email: rblmnf@aol.com

                     About Falco Mobile Food

Falco Mobile Food LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 17-40860) on February 26,
2017.  The petition was signed by Michael Falco, managing member.


At the time of the filing, the Debtor estimated assets of less than
$100,000 and liabilities of less than $500,000.


FIRST QUANTUM: Moody's Affirms B3 Corporate Family Rating
---------------------------------------------------------
Moody's Investors Service has affirmed the B3 corporate family
rating (CFR) and B3-PD probability of default rating (PDR) of First
Quantum Minerals Ltd. At the same time, Moody's has upgraded to
B3/LGD 4 from Caa1/LGD 4 the ratings on all of the senior unsecured
notes issued by FQM. The outlook on all ratings remains negative.
Moody's has also assigned subsequent provisional (P)B3 / LGD 4
ratings to the company's proposed $1.6 billion senior unsecured
guaranteed 2023 and 2025 notes.

"FQM's B3 ratings recognize that growing production from the
company's new Sentinel mine in Zambia and improving copper prices
should boost earnings and operating cash flows in 2017, and
especially in 2018, and help to cap its leverage, while the company
continues to invest in the construction of the large scale green
field project in Panama", says Elena Nadtotchi, Vice President -
Senior Credit Officer and Moody's lead analyst for FQM".

RATINGS RATIONALE

FQM's B3 corporate family rating reflects the company's solid
fundamental position as a medium-sized, high-growth copper producer
operating two large scale, high-quality, low-cost mines in Zambia,
and several smaller mines in other jurisdictions. The company
produced 540 mt of copper metal and generated about $0.93 billion
in adjusted EBITDA in 2016. It is guiding towards 570 mt copper
metal production in 2017 and Moody's expects it to generate around
$1.1 billion in adjusted EBITDA, taking into account FQM's existing
hedging arrangements and Moody's copper price assumption of $2.3/lb
for 2017, compared to current copper spot price of $2.65/lb.

In 2017/2018, FQM is in a heavy-investment period, building Cobre
greenfield copper project in Panama that it expects to bring on
stream in 2019. The company aims to invest the remaining $2 billion
out of $5.5 billion in project costs in 2017/2018 and to fund the
project through reinvestment of operating cash flows and through
borrowing. The large investment plan will keep FQM's capex at
around $1.4 billion in 2017/2018, compared to $1.1 billion invested
in 2016, and Moody's expects the company to generate negative FCF
of around $0.9 billion in 2017 and fund it by borrowing. Rising
copper prices in 2017/2018 and a step up in production in Zambia,
however, should cap the leverage. Moody's expects that FQM's
adjusted leverage is peaking at around 6.4x in 2017 and should
improve in 2018 to below 5.5x on the back of the assumed modest
improvement of copper prices to $2.4/lb in 2018 and continuous
solid operating performance, as well as delivery of Panama project
on time and on budget. With gross adjusted debt standing at around
0.85x of FQM's market cap of around $7 billion and at around 2.2x
its 2016 $2.7 billion sales, Moody's continues to see the company's
capital structure as highly levered.

During the expansion phase in Panama, FQM's credit profile, remains
constrained by the high metal, operational and country
concentration, with about 72% of 2017 EBITDA expected to be
generated by two large copper mines in Zambia.

RATING OUTLOOK

The negative outlook recognizes that peak investment in the Cobre
Panama project in 2017 is limiting FQM's financial flexibility to
mitigate risks, including risks of operating in Zambia, rated
B3/negative, which remains the company's largest country exposure.
Moody's are looking for FQM to strengthen its financial profile,
with adjusted leverage trending to 5.5x, and to continue to
strongly deliver on the construction of Cobre Panama, to stabilize
the outlook on the ratings. Stabilisation of the outlook will also
require FQM to sustain a strong liquidity position.

STRUCTURAL CONSIDERATIONS

B3/LGD 4 ratings of FQM's senior unsecured guaranteed notes and
provisional (P)B3 / LGD 4 ratings assigned to the proposed senior
unsecured notes are positioned at the level of B3 corporate family
ratings to reflect the increasing share of senior unsecured debt,
including notes and borrowing under streaming agreement with
Franco-Nevada (unrated), as well as the increased contribution to
the funding from the company's Korean partners in the Cobre Panama
project, that is contributed in the form of subordinated loans to
Minera Panama SA, a subsidiary of FQM.

WHAT COULD CHANGE THE RATING -- UP/DOWN

Further strengthening of the financial and operational profile,
reflected in sustained positive FCF generation and reduced
leverage, with adjusted debt/EBITDA below 4.5x, as well as strong
execution and substantial de-risking of Cobre Panama project would
support the upgrade of the CFR. A greater share of cash flow from
projects outside of Zambia would support an upgrade as well. The
upgrade of the ratings will require FQM to sustain strong liquidity
position.

A reversal in the deleveraging trend as a result of significant
delays or cost overruns on Cobre Panama project, with adjusted
debt/EBITDA remaining above 6.0x, as well as weaker liquidity
position would put negative pressure on B3 CFR. The downgrade of
the sovereign rating of Zambia (rated B3/negative) may also put
negative pressure on the ratings or the outlook of FQM.

The principal methodology used in these ratings was Global Mining
Industry published in August 2014.

First Quantum Minerals Ltd (FQM), headquartered in Canada and
listed on the Toronto Stock Exchange, is a medium size mining
company with a large operation in Zambia (B3 negative), which
represents the large part of the company's earnings. In Zambia, FQM
manages Kansanshi, a large and low-cost copper and gold deposit, as
well as Sentinel a new low cost mine with production ramping up in
2017. FQM also operates a small copper and gold mine in Mauritania
(unrated), a nickel mine in Australia (Aaa stable), a copper mine
in Spain (Baa2 stable) and another one in Turkey (Ba1 stable). FQM
has an 80% interest in Cobre Panama, one of the world's largest
copper deposits, in Panama (Baa2 stable). In 2016, FQM generated
revenues of around $2.7 billion ($2.7 billion in 2015) and adjusted
EBITDA of around $0.93 billion ($0.6 billion in 2015).


FLORIDA FOREST: April 6 Plan Confirmation Hearing
-------------------------------------------------
Judge Karen K. Specie of the U.S. Bankruptcy Court for the Northern
District of Florida conditionally approved the amended disclosure
statement explaining Florida Forest Products of Cross City, Inc.'s
amended plan of reorganization, and scheduled for April 6, 2017, at
10:45 A.M., a confirmation hearing.

March 30 is fixed as the last day for filing and serving written
objections to the amended disclosure statement, and for filing
acceptances or rejections of the Plan.

Objections to confirmation must be filed seven days before the
Confirmation Hearing.

The Troubled Company Reporter previously reported that the Amended
Disclosure Statement adds two creditors -- Rapid Capital Funding
and Capcall -- in Class 2.  Under the Plan, the secured claim of
Rapid Capital Funding -- totaling $152,062.90 -- is impaired under
the Plan.  Rapid Capital will receive a monthly payment of
$2,534.38, payable by the last day of each month.  Capcall's
secured claim in the amount of $19,217.93 will be paid $320.30 per
month.

Primesource Building Products, Inc., with a priority unsecured
claim totaling $8,384.28, will be paid monthly, commencing at
confirmation in the amount $139.74 on the first of each month.

Payments and distributions under the Plan will be funded by revenue
derived from the operation of the business.

The Amended Disclosure Statement is available at:

         http://bankrupt.com/misc/flnb16-10148-132.pdf

As reported by the TCR, the Debtor's disclosure statement dated
Feb. 17, 2017, provides that holders of Class 3 General Unsecured
Claims would receive payments by the last day of each month, which
would start upon confirmation and end after 60 months.  

                  About Florida Forest Products

Florida Forest Products of Cross City, Inc., is a Florida
corporation, whose business is primarily retail and wholesale
lumber and hardware sales from its location in Cross City, Florida.
It is a corporation which operates a building supply retail store
in Cross City, Florida.  The Debtor has been in business since
2014.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Fla. Case No. 16-10148) on June 28, 2016.  The petition is signed
by Russ Allen, president.  The Debtor is represented by Angela M.
Ball, Esq., at Angela M. Ball, P.A.  The Debtor estimated assets at
$0 to $50,000 and debts at $100,001 to $500,000 at the time of the
filing.


FREEDOM COMMUNICATIONS: Spitz Taps Callahan to Defend Against Suit
------------------------------------------------------------------
Eric Spitz, the ex-president of the Orange County Register, on
March 8, 2017, disclosed that he has elected to defend himself from
the company's bankruptcy creditors' committee alleging improper
investment of retirement funds by hiring the attorney who prevailed
against the Orange County Register in 2009, Daniel J. Callahan of
Santa Ana's Callahan & Blaine.

In 2009, Mr. Callahan won a $38 million settlement against Freedom
Communications, Inc., the former owner of the Orange County
Register, based on its misclassification of employees as
independent contractors.  Even with the bankruptcy of Freedom
Communications, Mr. Callahan still ultimately recovered $30 million
for his clients.

Now that Freedom Communications has again filed bankruptcy, its
Unsecured Creditors' Committee is suing Eric Spitz in an adversary
bankruptcy proceeding filed on January 26, 2017 in Federal
Bankruptcy Court in Santa Ana, California (Case No.:
8:15-bk-15311-MW).

Ironically, Mr. Callahan served as the Chair of the Unsecured
Creditors' Committee for Freedom Communications in its earlier
bankruptcy.  Now in this subsequent bankruptcy, the Unsecured
Creditors' Committee is suing Mr. Callahan's client, Eric Spitz,
alleging that Mr. Spitz breached his fiduciary duty to the company
and to the beneficiaries of the company retirement plan.

"The present lawsuit against Eric Spitz seeks to convert Mr. Spitz
into a personal insurer of the retirement fund by alleging that if
he had made better investments, the company's retirement account
losses would have been less," said Mr. Callahan.  "We are honored
to have Mr. Spitz as a client and look forward to providing him a
vigorous defense against these contrived allegations."

Mr. Callahan noted that adding to the intrigue is the fact that the
attorney for the Creditors' Committee, Robert J. Feinstein, was
also the attorney who represented the prior Creditors' Committee,
which Mr. Callahan chaired.  Mr. Callahan said that their
relationship was at best acrimonious while Mr. Callahan was trying
to protect his client's recovery vis-a-vis the other creditors
through the earlier bankruptcy proceeding.

                   About Freedom Communications

Headquartered in Santa Ana, California, Freedom Communications,
Inc., owned two daily newspapers -- The Press-Enterprise in
Riverside, California and The Orange County Register in Santa Ana,
California.

Freedom Communications and 24 of its affiliates sought Chapter 11
bankruptcy protection in California with the intention of selling
their assets to a group of local investors led by Rich Mirman,
Freedom's chief executive officer and publisher.

Freedom Communications, Inc., et al., filed Chapter 11 bankruptcy
petitions (Bankr. C.D. Cal. Lead Case No. 15-15311) on Nov. 1,
2015.  Richard E. Mirman, the CEO, signed the petition.  Freedom
Communications Holdings estimated assets and liabilities in the
range of $10 million to $50 million.

The Debtors are represented by William N. Lobel, Esq., Alan J.
Friedman, Esq., Beth E. Gaschen, Esq., and Christopher J. Green,
Esq., at Lobel Weiland Golden Friedman LLP serves as the Debtors'
counsel.

The Debtors employed GlassRatner Advisory & Capital Group LLC as
their financial advisor and consultant. The Debtors retained
Donlin, Recano & Company, Inc., as the noticing, claims and
balloting/solicitation agent.

The Official Committee of Unsecured Creditors is represented in the
case by Robert J. Feinstein, Esq. and Jeffrey W. Dulberg, Esq., at
Pachulski Stang Ziehl & Jones LLP.


GASTAR EXPLORATION: Reports $8.2 Million Net Loss for 4th Quarter
-----------------------------------------------------------------
Gastar Exploration Inc. reported a net loss attributable to the
Company's common stockholders of $8.2 million, or a loss of $0.06
per share, for the fourth quarter of 2016 compared to a fourth
quarter 2015 net loss of $161.1 million, or a loss of $2.07 per
share.  Adjusted net loss attributable to common stockholders
(non-GAAP), which excludes non-cash and unusual items, for the
fourth quarter of 2016 was $7.5 million, or a loss of $0.06 per
share, as compared to adjusted net loss attributable to common
stockholders, which excludes non-cash and unusual items, of $12.6
million, or a loss of $0.16 per share, for the fourth quarter
2015.

J. Russell Porter, Gastar's president and CEO, commented, "Despite
the challenging oil price environment that reduced our cash flow
and restricted our 2016 capital program, our high quality acreage
position in the Oklahoma STACK Play allowed us to attract strong
financial partners to help us meet our objectives.  The joint
development agreement we initiated with a large private global
investment fund in the fourth quarter of 2016, combined with the
capital transaction we completed with affiliates of Ares Management
L.P. ("Ares") in the first quarter of 2017 to provide $425 million
in new financing, has positioned us to pursue a more active
drilling program to de-lineate and de-risk our STACK assets."

"During the fourth quarter of 2016 and the first two months of
2017, we have completed nine operated STACK wells, all of which
have been drilled under the Development Agreement.  The Ares
capital transaction will allow us to increase our drilling activity
beyond the Development Agreement area and in early March, we added
a third rig to focus on our acreage outside of the joint venture
contract area.  Our drilling program will provide valuable
information regarding the productivity of the Meramec and Osage
formations on our acreage.  Our objectives in 2017 will be holding
leases by production and delineating our acreage for both the
Meramec and Osage formations.  We expect that by year end we will
have de-risked a significant portion of our net acreage position in
Oklahoma as related to these two formations," concluded Porter.

Adjusted earnings before interest, income taxes, depreciation,
depletion and amortization (non-GAAP) for the fourth quarter of
2016 was $10.6 million compared to adjusted EBITDA of $17.4 million
for the fourth quarter of 2015 and $7.2 million for the third
quarter of 2016.

Total Company revenues were $18.3 million in the fourth quarter of
2016, a 19% decline from $22.6 million in the fourth quarter of
2015 and a 41% increase from $13.0 million in the third quarter of
2016.  

Revenues of oil, condensate, natural gas and natural gas liquids,
before the effects of commodity derivatives contracts, were $17.2
million in the fourth quarter of 2016, a 3% decline from $17.8
million in the third quarter of 2015 and an 18% increase from $14.5
million in the third quarter of 2016.  The reduction from fourth
quarter of 2015 in oil, condensate, natural gas and NGLs revenues
primarily resulted from a 58% decrease in equivalent volumes
produced primarily related to the sale of the Company's Appalachian
Basin assets in April 2016 offset by a 128% increase in equivalent
product pricing.  The increase from third quarter 2016 revenues was
due to a 17% increase in equivalent product pricing and a 1%
increase in equivalent production volumes.

Commodity hedges were in place for approximately 69% of the
Company's oil and condensate production, 61% of the Company's
natural gas production and 64% of our NGLs production for the
fourth quarter of 2016.  Commodity derivative contracts settled
during the period resulted in a $1.8 million increase in revenue.  


Average daily production for the fourth quarter of 2016 was 5,900
barrels of oil equivalent per day ("Boe/d") as compared to 14,000
Boe/d in the fourth quarter of 2015 and basically flat when
compared to the third quarter 2016 production.  Fourth quarter 2015
included average daily production of 7,800 Boe/d attributable to
our properties sold in the Appalachian Basin in April 2016. Oil,
condensate and NGLs as a percentage of production volumes were 72%
in the fourth quarter of 2016, compared to 56% in the fourth
quarter of 2015 and 69% in the third quarter of 2016.

At Dec. 31, 2016, Gastar had approximately $71.5 million in
available cash and cash equivalents, $84.6 million in borrowings
outstanding and $370,000 in letters of credit issued under its
revolving credit facility.  

Since Dec. 31, 2016 Gastar has received an additional $9.5 million
of the South STACK acreage sales proceeds bringing the total net
sales proceeds received to date to $58.1 million.  Gastar
anticipates receiving an additional $12.7 million of South STACK
sales proceeds by July 2017.

On March 3, 2017, Gastar closed a transaction with funds managed by
affiliates of Ares that provided for $425 million in new financing
to the Company in the form of a $250 million first lien secured
term loan, $125 million second lien secured convertible notes and a
$50 million common stock issuance.  Proceeds from the Ares
Investment were used to fully repay Gastar's existing revolving
credit facility, redeem its $325 million 8 5/8% senior secured
notes due May 2018 and pay related transaction fees and expenses.
On Feb. 22, 2017, Gastar called the 2018 Notes for redemption at a
redemption price of 102.156%, plus accrued and unpaid interest,
which will be redeemed on March 24, 2017.

A full-text copy of the press release is available for free at:

                     https://is.gd/F82m5t

                   About Gastar Exploration

Houston, Texas-based Gastar Exploration Inc. --
http://www.gastar.com/-- is an independent energy company engaged
in the exploration, development and production of oil, condensate,
natural gas and natural gas liquids in the United States.  Gastar's
principal business activities include the identification,
acquisition, and subsequent exploration and development of oil and
natural gas properties with an emphasis on unconventional reserves,
such as shale resource plays.  

Gastar reported a net loss attributable to common stockholders of
$103.53 million on $58.25 million of total revenues for the year
ended Dec. 31, 2016, compared to a net loss attributable to common
stockholders of $473.98 million on $107.29 million of total
revenues for the year ended Dec. 31, 2015.

The Company's balance sheet as of Dec. 31, 2016, showed $300.20
million in total assets, $440.63 million in total liabilities and a
total stockholders' deficit of $140.43 million.

                          *      *      *

As reported by the TCR on March 15, 2016, Standard & Poor's Ratings
Services lowered its corporate credit rating on Gastar Exploration
to 'CCC-' from 'CCC+'.  The downgrade follows Gastar's announcement
that it had just $29 million of cash on hand and a fully drawn
revolver.  The company's borrowing base current stands at $180
million, but will be reduced to $100 million at the earlier of the
close of the Appalachian asset sale or April 10, 2016.  Proceeds
from the Appalachian asset sale are expected to be $80 million.

In June 2016, Moody's Investors Service downgraded the Corporate
Family Rating of Gastar to 'Caa3' from 'Caa1'.  The rating outlook
was changed to 'negative' from 'stable'.  The downgrade of Gastar's
CFR to Caa3 reflects the company's weakened liquidity and reduced
size following the sale of its Appalachian assets in April 2016.


GELTECH SOLUTIONS: Issues $100,000 Shares & Warrants to President
-----------------------------------------------------------------
Mr. Michael Reger, the president, director and principal
shareholder of GelTech Solutions, Inc. purchased on March 9, 2017,
a total of 384,616 shares of the Company's common stock and 192,308
two-year warrants exercisable at $2.00 per share for $100,000.

All of the securities were issued without registration under the
Securities Act of 1933 in reliance upon the exemption provided in
Section 4(a)(2) and Rule 506(b) thereunder.

                       About GelTech

Jupiter, Fla.-based GelTech Solutions. Inc., is a Delaware
corporation organized in 2006.  The Company markets four products:
(1) FireIce(R), a water soluble fire retardant used to protect
firefighters, structures and wildlands; (2) Soil2O(R) 'Dust
Control', its new application which is used for dust mitigation in
the aggregate, road construction, mining, as well as, other
industries that deal with daily dust control issues; (3)
Soil2O(R), a product which reduces the use of water and is
primarily marketed to golf courses, commercial landscapers and the
agriculture market; and (4) FireIce(R) Home Defense Unit, a system
for applying FireIce(R) to structures to protect them from
wildfires.

For the year ended June 30, 2015, the Company reported a net loss
of $5.51 million on $800,365 of sales compared to a net loss of
$7.11 million on $814,587 of sales for the year ended June 30,
2014.

As of Sept. 30, 2016, Geltech Solutions had $2.15 million in total
assets, $7.96 million in total liabilities and a total
stockholders' deficit of $5.80 million.

The Company's auditors Salberg & Company, P.A., in Boca Raton,
Florida, issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015, citing that
the Company has a net loss and net cash used in operating
activities in of $2,638,580 and $2,146,501, respectively, for the
six months ended Dec. 31, 2015, and has an accumulated deficit and
stockholders' deficit of $43,285,883 and $4,482,416, respectively,
at Dec. 31, 2015.  These matters raise substantial doubt about the
Company's ability to continue as a going concern.


GELTECH SOLUTIONS: No Longer Engages Synergy Enterprises
--------------------------------------------------------
Geltech Solutions, Inc., is no longer engaging the services of
Synergy Enterprises, LLC, and its principal Mr. Gary Nacht is no
longer serving as the Company's executive vice president.  Synergy
Enterprises -- http://www.synergyllc.net-- is a private equity
firm specializing in investments in acquisitions and turnarounds.

                          About GelTech

Jupiter, Fla.-based GelTech Solutions. Inc., is a Delaware
corporation organized in 2006.  The Company markets four products:
(1) FireIce(R), a water soluble fire retardant used to protect
firefighters, structures and wildlands; (2) Soil2O(R) 'Dust
Control', its new application which is used for dust mitigation in
the aggregate, road construction, mining, as well as, other
industries that deal with daily dust control issues; (3)
Soil2O(R), a product which reduces the use of water and is
primarily marketed to golf courses, commercial landscapers and the
agriculture market; and (4) FireIce(R) Home Defense Unit, a system
for applying FireIce(R) to structures to protect them from
wildfires.

For the year ended June 30, 2015, the Company reported a net loss
of $5.51 million on $800,365 of sales compared to a net loss of
$7.11 million on $814,587 of sales for the year ended June 30,
2014.

As of Sept. 30, 2016, Geltech Solutions had $2.15 million in total
assets, $7.96 million in total liabilities and a total
stockholders' deficit of $5.80 million.

The Company's auditors Salberg & Company, P.A., in Boca Raton,
Florida, issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2015, citing that
the Company has a net loss and net cash used in operating
activities in of $2,638,580 and $2,146,501, respectively, for the
six months ended Dec. 31, 2015, and has an accumulated deficit and
stockholders' deficit of $43,285,883 and $4,482,416, respectively,
at Dec. 31, 2015.  These matters raise substantial doubt about the
Company's ability to continue as a going concern.


GENERAL WIRELESS: Taps Prime Clerk as Claims and Noticing Agent
---------------------------------------------------------------
General Wireless Operations Inc., d/b/a Radioshack, et al., seek
authority from the U.S. Bankruptcy Court for the District of
Delaware to employ Prime Clerk LLC as claims and noticing agent.

General Wireless requires Prime Clerk to:

   a. prepare and serve required notices and documents in the
      bankruptcy case in accordance with the Bankruptcy Code and
      the Bankruptcy Rules in the form and manner directed by the
      Debtor and the Court, including (i) notice of the
      commencement of the case and the Chapter 11 case and the
      initial meeting of creditors under the Bankruptcy Code,
      (ii) notice of any claims bar date, (iii) notices of
      transfer of claims, (iv) notices of objections to claims
      and objections to transfers of claims, (v) notices of any
      hearings on a disclosure statement and confirmation of the
      Debtor's plan or plans of reorganization, including under
      Bankruptcy Rule 3017(d), (vi) notice of the effective date
      of any plan and (vii) all other notices, orders, pleadings,
      publications and other documents as the Debtor or Court may
      deem necessary or appropriate for an orderly administration
      of the Chapter 11 case;

   b. maintain an official copy of the Debtor's schedules of
      assets and liabilities and statement of financial affairs,
      listing the Debtor's known creditors and the amounts owed
      thereto;

   c. maintain (i) a list of all potential creditors, equity
      holders and other parties-in-interest and (ii) a core
      mailing list consisting of all parties described in
      sections 2002(i), (j) and (k) and those parties that have
      filed a notice of appearance pursuant to Bankruptcy Rule
      9010; updated said lists and make said lists available upon
      request by a party-in-interest or the Clerk;

   d. furnish a notice to all potential creditors of the last
      date for the filing of proofs of claim and a form for the
      filing of a proof of claim, after such notice and form are
      approved by the bankruptcy Court, and notify said potential
      creditors of the existence, amount and classification of
      their respective claims as set forth in the Schedules,
      which may be effected by inclusion of such information on a
      customized proof of claim form provided to potential
      creditors;

   e. maintain a post office box or address for the purpose of
      receiving claims and returned mail, and process all mail
      received;

   f. for all notices, motions, orders or other pleadings or
      documents served, prepare and file or caused to be filed
      with the Clerk an affidavit or certificate of service
      within seven (7) business days of service which includes
      (i) either a copy of the notice served or the docket number
      and title of the pleading served, (ii) a list of persons to
      whom it was mailed, in alphabetical order, with their
      addresses, (iii) the manner of service ,and (iv) the date
      served;

   g. process all proofs of claim received, including those
      received by the Clerk's Office, and check said processing
      for accuracy, and maintain the original proofs of claim in
      a secure area;

   h. maintain the official claims register for the Debtor on
      behalf of the Clerk; upon the Clerk's request, provide the
      Clerk with certified, duplicate unofficial Claims Register;
      and specify in the Claims Registers the following
      information for each claim docketed (i) the claim number
      assigned, (ii) the date received, (iii) the name and
      address of the claimant and agent, if applicable, who filed
      the claim, (iv) the amount asserted, (v) the asserted
      classifications of the claim, (vi) the applicable Debtor,
      and (vii) any disposition of the claim;

   i. provide public access to the Claims Registers, including
      complete proofs of claim with attachments, if any, without
      charge;

   j. implement necessary security measures to ensure the
      completeness and integrity of the Claims Registers and the
      safekeeping of the original claims;

   k. record all transfers of claims and provide any notices of
      such transfers as required by Bankruptcy Rule 3001(e);

   l. relocate, by messenger or overnight delivery, all of the
      court-filed proofs of claim to the offices of Prime Clerk,
      not less than weekly;

   m. upon completion of the docketing process for all claims
      received to date for each case, turn over to the Clerk
      copies of the claims register for the Clerk's review;

   n. monitor the Court's docket for all notices of appearance,
      address changes, and claims-related pleadings and orders
      filed and make necessary notations on and changes to the
      claims register;

   o. identify and correct any incomplete or incorrect addresses
      in any mailing or service lists;

   p. assist in the dissemination of information to the public
      and respond to requests for administrative information
      regarding the case as directed by the Debtor or the Court,
      including through the use of a case website and call
      center;

   q. monitor the Court's docket in the Chapter 11 case and, when
      filings are made in error or containing errors, alert the
      filing party of such error and work with them to correct
      any such error;

   r. if the Chapter 11 case is converted to Chapter 7 of the
      Bankruptcy Code, contact the Clerk's Office within three
      (3) days of the notice to Prime Clerk of entry of the order
      converting the case;

   s. 30 days prior to the close of the bankruptcy case,
      request the Debtor submits to the Court a proposed Order
      dismissing Prime Clerk as Claims and Noticing Agent and
      terminating the services in such capacity upon completion
      of its duties and responsibilities and upon the closing of
      the Chapter 11 case;

   t. within seven days of notice to Prime Clerk of entry of
      an order closing the Chapter 11 case, provide to the
      bankruptcy Court the final version of the claims register
      as of the date immediately before the close of the case;
      and

   r. at the close of the Chapter 11 case, (i) box and transport
      all original documents, in proper format, as provided by
      the Clerk's Office, to (A) the Philadelphia Federal Records
      Center, 14700 Townsend Road, Philadelphia, PA 19154 or (B)
      any other location requested by the Clerk's Office; and
      (ii) docket a completed SF-135 Form indicating the
      accession and location numbers of the archived claims.

Prime Clerk will be paid at these hourly rates:

     Director of Solicitation                  $210
     Solicitation Consultant                   $190
     COO and Executive VP                      No charge
     Director                                  $175-$195
     Consultant/Senior Consultant              $65-$165
     Technology Consultant                     $33-$95
     Analyst                                   $30-$50

Prime Clerk will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Michael J. Frishberg, co-president and chief operating officer of
Prime Clerk LLC, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and (a) are not creditors, equity security
holders or insiders of the Debtor; (b) have not been, within two
years before the date of the filing of the Debtor's chapter 11
petition, directors, officers or employees of the Debtor; and (c)
do not have an interest materially adverse to the interest of the
estate or of any class of creditors or equity security holders, by
reason of any direct or indirect relationship to, connection with,
or interest in, the Debtor, or for any other reason.

Prime Clerk can be reached at:

     Michael J. Frishberg
     PRIME CLERK LLC
     830 3rd Avenue, 9th Floor
     New York, NY 10022
     Tel: (212) 257-5450

              About General Wireless Operations Inc.

Based in Fort Worth, Texas, General Wireless Operations Inc., doing
business as RadioShack -- http://www.RadioShack.com -- operates a
chain of electronics stores. Its predecessor, RadioShack Corp.,
then with 4,000 locations, sought Chapter 11 protection (Bankr. D.
Del. Case No. 15-10197) in February 2015 and announced plans to
close underperforming stores. In March 2015, Standard General
affiliate General Wireless won court approval to purchase
RadioShack Corp.'s assets, gaining ownership of around 1,700
RadioShack locations. Two years later, General Wireless commenced
its own bankruptcy case, announcing plans to close 200 of 1,300
remaining stores.

General Wireless Operations Inc., and its affiliates based in Ft.
Worth, TX, filed a Chapter 11 petition (Bankr. D. Del. Lead Case
No. 17-10506) on March 8, 2017. Pepper Hamilton LLP, as counsel,
Jones Day as co-counsel, Prime Clerk, LLC as claims and noticing
agent, Loughlin Management Partners & Company, Inc.,

In its petition, the Debtor estimated $100 million to $500 million
in both assets and liabilities. The petition was signed by Bradford
Tobin, SVP, general counsel.



GLOBAL AMENITIES: Seeks to Hire Litvak Beasley as Special Counsel
-----------------------------------------------------------------
Global Amenities, LLC seeks approval from the U.S. Bankruptcy Court
for the District of South Carolina to hire Litvak Beasley Wilson &
Ball, LLP as special counsel.

The firm will represent the Debtor in a case filed by ASI Holding
Company Inc., asserting claims of breach of non-disclosure
agreements and theft of trade secrets.  The case is pending in
Circuit Court in Okaloosa County, Florida.

The firm's professionals who are expected to represent the Debtor
have an hourly rate of $350 or less.  

Braden Ball Jr., Esq., at Litvak Beasley, disclosed in a court
filing that the firm does not hold or represent any interest
adverse to the Debtor or its bankruptcy estate.

The firm can be reached through:

     Braden Ball Jr., Esq.
     Litvak Beasley Wilson & Ball, LLP
     226 East Government Street
     P.O. Box 13503
     Pensacola, FL  32502-6019
     Phone: 850-432-9818

                     About Global Amenities

Global Amenities, LLC is a South Carolina limited liability
company.  The Debtor was formed on Oct. 28, 2011, with ownership
held 60% by George Andrew Manios and Chris Manios, his brother, and
40% owned by Don Abreu; provided, however, Mr. Abreu retained 50%
of the voting rights with Drew and Chris retaining the remaining
50% of the voting rights.  

The Debtor was originally formed to sell and market DVD services to
the hospitality industry, but expanded its products and services to
include amenity and ticketing services in 2012.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.S.C. Case No. 16-04635) on Sept. 13, 2016.  The
petition was signed by Andrew Manios, managing member.

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of less than $500,000.

Robert A. Pohl, Esq., at POHL, PA, serves as the Debtor's
bankruptcy counsel.  The Debtor hired Pollard PLLC and Nelson
Mullins Riley & Scarborough LLP as special litigation counsel.

Louis Manios of Saad & Manios, LLC, serves as the Debtor's
accountant.  John Sfiris of Sfiris Accounting Services provides
financial services to the Debtor.

On February 1, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.  The plan
proposes to pay general unsecured creditors 100% of their claims
allowed by the court.


GOODMAN NETWORKS: Case Summary & 30 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor affiliates filing separate Chapter 11 bankruptcy petitions:

      Debtor                                      Case No.
      ------                                      --------
      Goodman Networks Incorporated               17-31575
         aka Multiband EWM, Inc.
         aka Multiband 401(k) Retirement Plan
         aka Multiband MDU Incorporated
         aka Multiband Corporation
         aka Multiband EWM, Inc.
         aka Multiband MDU Incorporated
         aka Multiband Digital Universe, Inc.
         aka Multiband EWS, Inc.
         aka Multiband Corporation
         aka Multiband EWS, Inc.
     2801 Network Blvd, Suite 300
     Frisco, TX 75034

     Goodman Networks Services, LLC              17-31576

     Multiband Field Services, Inc.              17-31577

Business Description: Goodman -- http://goodmannetworks.com-- is
                      a provider of field services to the
                      satellite television industry, professional
                      services and network infrastructure to the
                      telecommunications industry, and
                      installation and maintenance services for
                      satellite communications.

Chapter 11 Petition Date: March 13, 2017

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Hon. Marvin Isgur

Debtors'
General
Counsel:         Patrick J. Nash, Jr., Esq.
                 Joseph M. Graham, Esq.
                 KIRKLAND & ELLIS LLP
                 KIRKLAND & ELLIS INTERNATIONAL LLP
                 300 North LaSalle
                 Chicago, Illinois 60654
                 Tel: (312) 862-2000
                 Fax: (312) 862-2200     
                 Email: patrick.nash@kirkland.com
                        joe.graham@kirkland.com

                    - and -

                 Joshua A. Sussberg, Esq.
                 Alexander N. Cross, Esq.
                 KIRKLAND & ELLIS LLP
                 KIRKLAND & ELLIS INTERNATIONAL LLP
                 601 Lexington Avenue
                 New York, New York 10022
                 Tel: (212) 446-4800
                 Fax: (212) 446-4900
                 Email: joshua.sussberg@kirkland.com
                        alex.cross@kirkland.com

Debtors'
Local
Counsel:         Stephen M. Pezanosky, Esq.
                 Frasher J. Murphy, Esq.
                 Matthew T. Ferris, Esq.
                 HAYNES AND BOONE, LLP
                 2323 Victory Avenue, Suite 700
                 Dalls, Texas 75219
                 Tel: (214) 651-5000
                 Fax: (214) 651-5940
                 Email: stephen.pezanosky@haynesboone.com
                        frasher.murphy@haynesboone.com
                        matt.ferris@haynesboone.com

Debtors'
Financial
Advisor:         JEFFERIES LLC

Debtors'
Restructuring
Advisors:        FTI CONSULTING, INC.   

Debtors'
Crisis
Manager:         JUNE CREEK INTERESTS

Debtors'
Noticing,
Claims &
Balloting
Agent:           KURTZMAN CARSON CONSULTANTS, LLC

Estimated Assets: $100 million to $500 million

Estimated Debts: $100 million to $500 million

The petition was signed by John Debus, interim chief financial
officer.

Debtors' List of 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Texas Comptroller of Public Accounts  Sales Tax        $34,448,000
111 East 17th Street
Austin, TX 78714-9354
Name: General Counsel
Tel: 800-252-5555
Fax: 512-463-4902

Directv, Inc. (AT&T)                     Trade         $11,607,241
2230 E. Imperial Hwy
El Segundo, CA 90245
Name: Todd Bartlett
Tel: 303-712-4402
Email: tdbartlett@directv.com

Donlen Corporation                       Trade          $1,868,100
c/o JP Morgan Chase Bank
Lock Box 70042
Chicago, IL 60673-0042
Name: Pat Mazzone
Tel: 847-412-5381
Email: info@donlen.com

Talon7, LLC                              Trade          $1,252,483
7701 E Kellogg Dr, Ste 890
Wichita, KS 67207
Name: Tara Callahan
Tel: 954-809-1852
Email: tcallahan@talon7.com

Morrow Meadows Corporation                Trade           $722,325
1050 Bing Street
San Carlos, CA 94070
Name: Jason Alvarez
Tel: 650-634-0682
Fax: 650-634-0683
Email: jalvarez@morrow-meadows.com

Duane Morris LLP                          Trade           $611,072
30 S. 17th Street
Philadelphia, PA 19103
Name: Brian A Pitts
Tel: 215-979-1502
Fax: 215-979-1020
Email: BPitts@duanemorris.com

Alliance Communication Cables, Inc        Trade           $595,164
70 Demarest Dr
Wayne, NJ 07470-6702
Name: Stephen Diotte
Tel: 905-817-9243
Fax: 905-821-8032
Email: sdiotte@alliancecomm.com

DW Direct                                 Trade           $533,525
14608 Riverside Dr.
Apple Valley, CA 92307
Name: Daniel Wilson
Tel: 760-559-0318
Email: danielwilson@dwdirectinc.com

Empath                                    Trade           $546,738
301 Commerce Drive
Moorestown, NJ 08057
Name: Robert Halgas
Tel: 856-642-0008
Email: rch@rchcable.com

Calltek Center International              Trade           $410,863
Incorporated
2640 Main St
Irvine, CA 92614
Name: Ken Wang
Tel: 949-268-9199
Email: ken_wang@mail2.calltekcenter.com

Bullseye Supply Group LLC                 Trade           $763,230
322 Orchard Avenue
St. Louis, MO 63119
Name: Mark O’Neal
Tel: 314-484-1904
Email: mark@bullseyesupplygroup.com

Kcom FlexForce LLC                        Trade           $324,605
701 B St., Suite 1350
San Diego, CA 92101
Name: Finance
Tel: 619-330-3100
Fax: 619-330-3109
Email: Jackeline.lopez@kineticom.com

Next Solutions                            Trade           $304,437
546 Brandies Circle, Ste. 101
Murfreesboro, TN 37128
Name: Morgan McChesney
Tel: 615-546-4819
Email: hrsupport@nextsolutionllc.com

Experis US, Inc                           Trade           $285,148
29973 Network Place
Chicago, IL 60673-1299
Name: Kimberly Purdy
Tel: 480-777-6718
Fax: 480-777-6601
Email: Kimberly.Purdy@manpowergroup.com

Perley Cable Construction Inc.            Trade           $250,000
1295 Lourdes Rd
Metamora, IL 61548
Name: James L Perley
Tel: 309-208-1696
Fax: 309-383-2657
Email: jim@pccigroup.com

Perfect 10                                Trade           $389,085

3901 Progress St
North Little Rock, AR 72114
Name: Krystal Ready
Tel: 800-205-8620 ext 3027
Email: krystal.ready@perfect-vision.com

Starlight Communications                  Trade           $297,998
240b Friendship Ave.  
Hellam, PA 17406
Name: Hany Romany
Tel: 717-608-9723
Email: hanyromany@aol.com

Marconi Development Group, LLC            Trade           $198,640
9185 Paysphere Circle
Chicago, IL, 60674
Name: Geetha Jay
Tel: 508-333-6169
Email: geetha.jay@marconidgroup.com

MJ Underground                            Trade           $193,140
1127 W. Larona Ln
Tempe, AZ 85284
Name: Matt Espalin
Tel: 706-994-9992
Email: mespalin@hotmail.com

B.I.T. Services LLC                       Trade           $154,181
384 VZ County Road 3432
Wills Point, TX 75169-7200
Name: Raymond Redding
Tel: 469-853-9894
Email: rredding@bitservicesllc.com

Southern Tower LLC                        Trade           $153,819
1220 Mcmillan St E
Talladega, AL 35160
Name: Kristina Gunter
Tel: 912-398-6326
Email: info@southern-towers.com

AT&T Mobility                             Trade           $140,000
188 Inverness Dr. West, Suite 400
Englewood, CO 80112
Name: John Vascil
Tel: 214-679-7886
Email: john.vascil@att.com
Name: Sean Burke
Tel: 972-470-7420
Email: smburke@att.com

Fiberlink USA LLC                         Trade           $136,993
7360 E. Acoma Dr. Suite #9
Scottsdale, AZ 85260
Name: Robert F. Leibmann
Tel: 480-819-9999
Fax: 480-699-9540

Gallagher Bassett Service                 Trade           $124,700
Incorporated
15763 Collections Center Dr
Chicago, IL, 60693
Name: Michelle Johnson
Tel: 972-728-1123
Fax: 844-651-8990
Email: michelle_johnson@gbtpa.com

KPMG LLP                                  Trade           $123,650
123 Town Square Pl
Jersey City, NJ 07310
Name: Vincent Remigio
Tel: 214-840-2258
Fax: 214-853-4216
Email: vincentcremigio@kpmg.com

Tessco                                    Trade           $133,880
11126 McCormick Rd
Hunt Valley, MD 21031
Name: Sean Conran
Tel: 410-229-1392
Email: Conran@tessco.com

US Instrument Services                   Trade            $105,719
1607 Hart St. Suite 200
Southlake, TX 76092
Name: Cliff Chapman
Tel: 817-481-1666
Fax: 817-51-0391
Email: cliff@us-instrument.com

RSM US LLP                               Trade             $98,709
5155 Paysphere Circle
Chicago, IL 60674
Name: Denise Curtis
Tel: 972-764-7006
Fax: 972-764-7111
Email: denise.curtis@rsmus.com

Gallagher Bassett                        Trade             $87,000
2 Pierce Place
Itasca, IL 60143
Name: Amy King
Tel: 630-285-3527
Fax: 630-285-4003
Email: Amy_King@gbtpa.com

Microsoft Corporation                    Trade             $81,658
1950 N. Stemmons Fwy Ste. 5010 LB
#842467
Dallas, TX 75207
Name: Enver Venzuela
Tel: 866-922-5136
Email: v-envenz@microsoft.com


GORDMANS STORES: Files for Ch. 11; To Liquidate Stores
------------------------------------------------------
Apparel and home decor retailer Gordmans Stores, Inc., on March 13,
2017, disclosed has filed a voluntary petition for relief under
Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court
for the District of Nebraska.

Concurrently, Gordmans disclosed that it has entered into an
agreement with Tiger Capital Group, LLC and Great American Group,
LLC, for the sale in liquidation of the inventory and other assets
of Gordmans' retail stores and distribution centers, subject to the
receipt and Bankruptcy Court approval of a more favorable
transaction.  The ultimate outcome of the filing and liquidation
sale is subject to the oversight and approval of the Bankruptcy
Court.

"Until further notice, all Gordmans stores are operating as usual
without interruption," said Andy Hall, president and chief
executive officer of Gordmans.  "The management team and all of our
associates remain committed to continuing to provide great
merchandise and service to our guests during this process."

                        About Gordmans, Inc.

Gordmans, Inc., is an everyday value-priced department store
featuring a large selection of name brands and the latest fashions
and styles at up to 60% off department and specialty store prices.
The wide range of merchandise includes apparel and footwear for
men, women and children, as well as accessories, home décor,
gifts, designer fragrances, fashion jewelry, bedding and bath,
accent furniture and toys.  Founded in 1915, Gordmans currently
operates 106 stores in 62 markets and 22 states.


GORDMANS STORES: To Liquidate All 106 Stores Over Sales Slump
-------------------------------------------------------------
Apparel and home decor retailer Gordmans Stores, Inc., intends to
implement a liquidation or sale process to concentrate its store
base, rationalize its fixed costs, and preserve and maximize value
amid decline in sales and increasing operational losses.

Gordmans Stores and five affiliated companies each filed a
voluntary petition under Chapter 11 of the Bankruptcy Code in the
U.S. Bankruptcy Court for the District of Nebraska citing, among
other factors, the general downturn in the retail industry and the
shift in consumer preference.  The Company followed in the
footsteps of HHGregg, The Limited and BCBG Max Azria, which
commenced Chapter 11 cases in recent weeks.

"Like many other apparel and retail companies, the Debtors have
fallen victim in recent months to adverse macro-economic trends,
especially a general shift away from brick-and-mortar to online
retail channels, a shift in consumer demographics, and expensive
leases," said James B. Brown, chief financial officer and executive
vice president of Gordmans Stores.  "These trends have directly
affected the Debtors' sales and operations."

As disclosed in the bankruptcy filing, the Debtors' lack of a
fully-developed online presence has put downward pressure on their
revenue, and has hurt their comparative performance against
competitors with more modern online-centric sales models.
Comparable store sales for February 2017 declined more than double
than what the Debtors anticipated.  The Debtors projected
comparable store sales for the month of February 2017 to decline
9.5 percent, or approximately $4.2 million, and actual comparable
store sales for the month declined approximately 20 percent, or
$8.8 million.  As a result, a majority of the Debtors' vendors
began to refuse to ship new inventory.

Mr. Brown related that the Debtors implemented cost-cutting
initiatives to preserve liquidity.  Despite these and other
efforts, however, the Debtors' sales loss accelerated to
approximately $15.5 million below what it was in 2015, or about
11.1 percent on a comparable-store basis.  According to Mr. Brown,
the challenging environment of the retail industry as a whole
exacerbated the Debtors' financial distress, as credit tightened
across the entire industry, causing the Debtors to experience
increased challenges in purchasing goods on credit.  Due to the
limited borrowing base availability under its revolving credit
facility, prior to the Petition Date, Wells Fargo swept all of the
Debtors' available cash on a daily basis.

In July 2016, the Debtors engaged Duff & Phelps Securities, LLC to
act as their financial advisor and to explore alternatives.
Beginning March 1, 2017, the Debtors and D&P engaged in a
significant marketing process to solicit bids for the Debtors'
assets, and for the Debtors' business as a going concern.  After
vigorous marketing efforts and discussions with multiple
potentially interested parties, the Debtors determined that the
joint bid from Tiger Capital Group, LLC and Great American Group,
LLC offered the Debtors the best alternative to maximize value for
their estates and creditors.

"With the continued distress of the retail industry, the Debtors
expect continued weakness in their sales for the foreseeable
future.  Due to this sales risk and the potential for insolvency in
winding down their operations, the Debtors seek to accelerate the
process for a potential liquidation or other disposition of their
assets," Mr. Brown said.

               Stalking Horse Agency Agreement

Gordmans has entered into an agreement with Tiger Capital and Great
American for the sale in liquidation of the inventory and other
assets of Gordmans' retail stores and distribution centers, subject
to Bankruptcy Court approval and higher or better bids.  The
ultimate outcome of the filing and liquidation sale is subject to
the oversight and approval of the Bankruptcy Court.

"Until further notice, all Gordmans stores are operating as usual
without interruption," said Andy Hall, president and chief
executive officer of Gordmans.  "The management team and all of our
associates remain committed to continuing to provide great
merchandise and service to our guests during this process."

In connection with the Stalking Horse Agency Agreement, the Debtors
have proposed bidding procedures pursuant to which they will
conduct a process to solicit potentially higher or better bids.
The proposed bidding procedures include approval of the terms of
the Stalking Horse Agency Agreement, including bid protections
payable to the Stalking Horse Liquidator in the event the Agency
Agreement is terminated under certain circumstances, consisting of
(a) a break-up fee of $1.125 million, and (b) an expense
reimbursement.

"The need to proceed swiftly cannot be overstated," Mr. Brown
maintained.  "It is critical for the Debtors' preserving value for
the benefit of their estates to consummate a liquidation, sale, or
other asset disposition to monetize their assets as soon as
possible.  To that end, the Debtors will propose an expedited
schedule to obtain competing bids and approve an asset
disposition."

More specifically, the Debtors will request to have a hearing to
consider their proposed bidding procedures, including the bid
protections under the Stalking Horse Agency Agreement, on Friday,
March 17, 2017.  In addition, the Debtors' proposed bidding
procedures set a hearing to approve an asset disposition
transaction on or before March 23, 2017.

                       First Day Motions

Contemporaneously with the petitions, the Debtors have filed a
number of "first day" motions seeking orders intended to enable
them to efficiently administer their estates with minimal
disruption and loss of value during the liquidation or other asset
disposition process.  The First Day Motions seek authority to,
among other things, use cash collateral and grant prepetition
lenders adequate protection on an interim basis, honor
employee-related wages and benefits obligations, preserve client
and customer relationships, and ensure the continuation of their
cash management systems and other business operations without
interruption.

                     About Gordmans, Inc.

Gordmans, Inc. -- http://www.gordmans.com/-- is a retail company
engaged in the sale of apparel, home goods, and other merchandise.
Founded in 1915, Gordmans currently operates 106 stores in 62
markets and 22 states throughout the United States and through
e-commerce operations.

The Debtors have two distribution centers: a 380,000 square foot
facility in Omaha, Nebraska, and a 545,000 square foot facility
near Indianapolis, Indiana.  Through third-party national and
international freight and logistics companies, the Debtors
coordinate inventory pick-up from their vendors for delivery to
their distribution centers, where the inventory is received,
inspected, processed, and distributed to the Debtors' retail
stores.  The Debtors lease all of their store locations, corporate
headquarters, and distribution centers, and do not own and real
property.

As of the Petition Date, the Debtors employ 5,094 individuals, of
which approximately 342 are exempt, 1,083 are full-time, and 3,669
are part-time.  None of the Debtors' employees are represented by
collective bargaining units.

Gordmans Stores is a public company with common stock that is
traded on the NASDAQ stock market, listed under the ticker symbol
GMAN.  Gordmans Stores completed an initial public offering in
2010.  Funds managed by Sun Capital Partners, Inc. collectively
hold approximately 49.6 percent of Gordmans Stores' equity.

During the fiscal year 2016, the Debtors generated revenues
totaling $610.5 million on a consolidated basis, consisting of
approximately: (a) 55.9 percent of revenues arising from the sale
of apparel; (b) 28.6 percent of revenues arising from the sale of
home goods; and (c) 15.5 percent of revenues arising from the sale
of other merchandise, including fragrances and accessories.  As of
the Petition Date, the Debtors' aggregate funded debt balance
consists of approximately $65.9 million in secured indebtedness.

The Debtors' cases have been assigned to the Hon. Judge Thomas L.
Saladino.  The Debtors' cases have been jointly administered for
procedural purposes under the Lead Case No. 17-80304-TLS.

Kirkland & Ellis LLP and Kutak Rock LLP are serving as counsel,
Duff & Phelps is serving as financial advisor and Epiq Bankruptcy
Solutions, LLC is acting as claims and noticing agent to the
Debtors.


GREEN OAK: April 12 Disclosure Statement Hearing
------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of New York
will convene a hearing on April 12, 2017, at 10:30 A.M., to
consider the approval of the disclosure statement explaining Green
Oak Stockage View Apartments, LLC's Chapter 11 Plan filed on
February 28, 2017.

Written objections to the Disclosure Statement must be filed no
later than seven days prior to the Disclosure Statement hearing
date.

           About Green Oak Stockage View Apartments, LLC

Green Oak Stockage View Apartments, LLC filed a Chapter 11
bankruptcy petition (Bankr. N.D.N.Y.. Case No. 16-12305) on
November 30, 2016. Hon. Robert E. Littlefield, Jr., presides over
the case.  The Dribusch Law Firm represents the Debtor as
counsel.

The Debtor disclosed total assets of $4 million and total
liabilities of $3.46 million.  The petition was signed by William
A. Eichengrun, managing partner.


GRIZZLY LAND: Insider Unsecureds to Get 44% Under Liquidating Plan
------------------------------------------------------------------
Edward B. Cordes, the duly appointed chapter 11 Trustee of Grizzly
Land LLC, filed with the U.S. Bankruptcy Court for the District of
Colorado a plan of liquidation and accompanying disclosure
statement.

The Plan provides for the orderly and efficient liquidation of the
Debtor’s assets and a resulting distribution to creditors with
Allowed Claims.  The Trustee has concluded that it would not be in
the Estate’s best interest to reorganize the Debtor’s affairs
and to operate the business as a going concern due to the
considerable acrimony between the Debtor’s members, a lack of
member capital, and due to the inconsistency and variability of the
Debtor’s past and expected future operating cash flows.

Holders of Class 4(a) - General Unsecured Claims and Class 4(b) -
Grizzly Cattle Unsecured Claims are estimated to recover 100%.
Holders of Class 4(c) - Insider Unsecured Claims are estimated to
recover 44%.

A full-text copy of the Disclosure Statement dated February 17,
2017, is available at:

           http://bankrupt.com/misc/cob16-11757-169.pdf

                          About Grizzly Land

Grizzly Land LLC sought Chapter 11 protection (Bankr. D. Col. Case
No. 16-11757) in Denver on March 1, 2016.  Judge Thomas B. McNamara
was initially assigned to the case and has been reassigned to Judge
Joseph G. Rosania Jr.  The petition was signed by Kirk A. Shiner,
DVM, manager.  The Debtor estimated $10 million to $50 million in
assets and debt.

The Debtor is represented by Lee M. Kutner, Esq., at Kutner Brinen
Garber, P.C.  The Debtor hires Ryley Carlock & Applewhite PC as
special counsel.

The Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Grizzly Land LLC.

The Court entered its Order Granting Motion for Appointment of
Chapter 11 Trustee on May 25, 2016, and on June 2, 2016, the Court
approved the appointment of Mr. Edward Cordes as Trustee for the
Debtor's estate.

The Chapter 11 trustee hired Moye White LLP as his legal counsel;
Burns, Figa & Willas his special counsel; Cordes & Company as
accountant; and Dennis & Company, P.C. as tax accountant.


H & S AUTO: City of Philadelphia to be Paid $2,134 Per Month
------------------------------------------------------------
H & S Auto Outlet, Inc., filed with the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania a motion for approval of the
disclosure statement filed on Feb. 28, 2017, referring to the
Debtor's plan of reorganization.

The Debtor has filed a Plan dated Feb. 15, 2017, and a Disclosure
Statement dated Feb. 20, 2017.

Under the Plan, the City of Philadelphia -- owed by the Debtor an
estimated amount of $128,000 -- will be paid $2,134 per month.
Payments and distributions under the Plan will be funded by
payments to be made by rental income from the Debtor's tenant.

The Debtor estimates that up to $0 may be realized from the
recovery of fraudulent, preferential or other avoidable transfers.


The Debtor believes the Disclosure Statement contains adequate
information to allow all creditors entitled to vote on the Plan of
Reorganization dated Feb. 15, 2017, to make an informed decision
about voting on the Plan, and respectfully requests this Court
approve the Disclosure Statement as proposed.  Under the Plan,
there are no General Unsecured Claims and will not be paid under
the Plan.  

The Claims of Creditors in Classes I and II (Administrative Claims
and Priority Unsecured Claims) are not impaired under the Plan and
are deemed to have accepted the terms of this Plan as proposed.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/paeb16-17984-30.pdf

                     About H & S Auto Outlet

H & S Auto Outlet, Inc., is a corporation in the sole business of
renting space.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (E.D. Pa. Case No. 16-17984) on Nov. 15, 2016.  The petition
was signed by Upinder Sawhney.  

The case is assigned to Judge Jean K. Fitzsimon.

At the time of the filing, the Debtor estimated assets and
liabilities of less than $500,000.

Maggie S. Soboleski, Esq., at Center City Law Offices, LLC, serves
as the Debtor's legal counsel.


HALAIS GROUP: Unsecured Creditors to Get $10,000 Under Plan
-----------------------------------------------------------
Halais Group, Inc., filed with the U.S. Bankruptcy Court for the
District of Puerto Rico a disclosure statement describing its plan
of reorganization, dated Feb. 28, 2017, a full-text copy of which
is available at:

         http://bankrupt.com/misc/prb16-01361-11-131.pdf

The plan proposes to pay Class 5 general unsecured claimants a
Pro-rata distribution of a total of $10,000 at the effective date
of the plan. Based on the current allowed amounts, each claim
holder in this class will receive approximately 100% of the allowed
amount. Any change in the allowed amounts may change the actual
distribution change, but it will be nevertheless the same to them.


Payments and distribution under the plan will be funded by the cash
flow from operations and future income of the Debtor, as well as
Stockholder's contributions.

Counsel for the Debtor:

     Carlos A. Ruiz Rodriguez, Esq.
     LCDO. CARLOS ALBERTO RUIZ, CSP
     PO Box 1298
     Caguas, PR 00726-1298
     Tel: (787) 286-9775
     Fax: (787) 747-2174
     Email: caruiz@reclamatusderechos.com
       
                About Halais Group

Headquartered in Caguas, Puerto Rico, Halais Group, Inc. filed for
chapter 11 bankruptcy protection (Bankr. D.P. R. Case No. 16-01361)
on Feb. 24, 2016, with estimated assets at $500,000 to $1 million
and estimated liabilities at $1 million to $10 million. The
petition was signed by Raymond Halais, president, authorized
representative of Halais.


HANSELL MITZEL: Harlow Buying Mount Vernon Property for $95K
------------------------------------------------------------
Hansell Mitzel, LLC, and affiliates, ask the U.S. Bankruptcy Court
for the Western District of Washington to authorize the sale of
real property of the estate, 17180 Big Fir Place, Mount Vernon,
Washington ("Lot 166") to John Harlow for $95,000.

A hearing on the Motion is set for April 7, 2017, at 9:30 a.m.  The
objection deadline is March 31, 2017.

As previously set forth, Nookachamp Hills is a residential real
estate development project in Mount Vernon, Washington, consisting
of 252 lots in 4 phases.  Phases 3 and 4 comprised 91 lots recorded
in 2008.  Including three lots subject to a pending motion for
sale, currently 49 lots remaining unsold, with the Debtors owning
23 lots, 25 lots are owned by Paul W. Rutter, and 1 lot is owned by
Nookachamp Hills, LLC (an LLC owned 50% by the Debtors and 50% by
Paul W. Rutter).  The Debtors previously owned and sold 22
Nookachamp Hills lots and they built and sold 1 custom home, and 2
speculative "spec" homes in Divisions 3 and 4 (one of which was
Nookchamp House sale approved by the Court).

The Debtors entered into Vacant Land Purchase and Sale Agreement,
dated Feb. 2, 2017, for the purchase of the Lot 166.

As set forth previously, Daniel Mitzel has extensive and historical
knowledge of the market for the Nookachamp House, having been
selling homes and lots in the Nookachamp Hills development since
2001.  With that knowledge, Mitzel priced Lot 166 at $95,000
accordingly and he believes the purchase price maximizes the value
of the lot.  The Debtors have no connection with Harlow and the
listing of Lot 166 and the offer from Harlow were conducted at
arms-length.

Peoples Bank holds a first position Deed of Trust against Lot 166
as security for a loan in the original amount of approximately
$3,350,000, with a current balance of approximately $1,343,716.
The Debtors ask to apply the net sale proceeds to the People Bank
secured claim.

The proposed lot sale has a closing date of April 14, 2017.
Therefore, the Debtors respectfully ask waiver of the Bankruptcy
Rule 6004(h) say of the sale order.  In addition, because the
proposed lot sale was negotiated at arms-length as set forth, the
Debtors respectfully ask a finding that Harlow is a good faith
buyer under Bankruptcy Code Section 363(m).

The Debtors respectfully ask the Court to authorize the sale of Lot
166 to the Purchaser free and clear of liens, claims and
encumbrances.

                    About Hansell Mitzel, LLC

Hansell/Mitzel LLC, d/b/a Hansell Mitzel Homes, d/b/a Resort
Maintenance Services, based in Mt. Vernon, Wash., filed a Chapter
11 petition (Bankr. W.D. Wash. Case No. 16-16311) on Dec. 21,
2016.
Hon. Timothy W. Dore presides over the case. John R Rizzardi,
Esq.,
of Cairncross & Hempelmann, P.S., serves as bankruptcy counsel.

In its petition, the Debtor estimated $10 million to $50 million
in
both assets and liabilities.  The petition was signed by Daniel R.
Mitzel, managing member.


HBT JV LLC: Seeks to Hire Meadows, FTI and Automotive Compliance
----------------------------------------------------------------
HBT JV, LLC, et al., seek authority from the U.S. Bankruptcy Court
for the Northern District of Texas to employ audit professionals
comprising Meadows Collier Reed Cousins Crouch & Underman, LLP as
special counsel, FTI Consulting as auditor, and Automotive
Compliance Consultants, Inc. finance and insurance consultant, to
the Debtors.

The Debtors seek to employ the audit professionals to conduct an
audit of the Debtors' financing and insurance activities required
by the Debtors' Dealership Agreement with American Honda.

HBT JV, LLC requires Meadows to oversee the audit and to provide
legal analysis in connection with the audit.

The Debtor requires FTI to conduct the audit, which will involve
the review of the Debtor's records.

The Debtor requires Automotive to provide finance and insurance
compliance expertise to Meadows and FTI in connection to the
audit.

Meadows, FTI, and Automotive will be paid a flat fee of $200,000,
plus actual expenses. Of the flat fee, the Debtors will pay Meadows
the amount of $65,000, FTI the amount of $125,000, and Automotive
the amount of $10,000.

Meadows will be paid a retainer in the amount of $25,000, while FTI
a retainer of $75,000.

To the best of the Debtors' knowledge, the firms are a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtors and their estates.

Meadows, FTI, and Automotive can be reached at:

     MEADOWS COLLIER REED COUSINS
     CROUCH & UNDERMAN, LLP
     901 Main St., Suite 3700
     Dallas, TX 75202
     Tel: (214) 744-3700

     FTI Consulting, Inc.
     Three Times Square, 9th Floor
     New York, NY 10036
     Tel: +1 212 247 1010
     Fax: +1 212 841 9350

     AUTOMOTIVE COMPLIANCE CONSULTANTS, INC
     60-B West Terra Cotta Drive, Suite 159
     Crystal Lake, IL 60014
     Tel: (815) 206-0590

              About HBT JV, LLC

Each of HBT JV, LLC and DK8 LLC filed a voluntary petition under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case Nos.
17-40659 and 17-30621) on Feb. 20, 2017.

Forshey & Prostok, LLP is serving as counsel to HBT. Gardere Wynne
Sewell LLP is serving as counsel to DK8 LLC.

HBT JV, LLC listed $10 million to $50 million in both assets and
liabilities.  DK8 LLC listed $10 million to $50 million in assets
and under $10 million in liabilities.

The petition was signed by Kenneth L. Schnitzer, manager.


HHGREGG INC: 8-Member Committee Appointed for Gregg Appliances
--------------------------------------------------------------
The Office of the U.S. Trustee on March 10 appointed eight
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Gregg Appliances Inc., an affiliate of
hhgregg, Inc.

The committee members are:

     (1) Renee B. Weiss, Esq.
         DDR Corp.
         3300 Enterprise Parkway
         Beachwood, OH 44122
         Phone: (216) 755-5662
         Fax: (216) 755-1662
         Email: rweiss@ddr.com

     (2) Ronnie Boudreaux
         Klipsch Group, Inc.
         180 Marcus Blvd.
         Hauppauge, NY 11788
         Phone: (631) 436-6256
         Fax: (631) 951-2123
         Email: Ronnie.Boudreaux@klipsch.com

     (3) Mike Vechart
         Quad/Graphics, Inc.
         N61 W23044 Harry’s Way
         Sussex, WI 53689-3995
         Phone: (414) 566-2125
         Fax: (414) 566-9415
         Email: Mvechart@QG.com

     (4) Mike Mandell
         Ryder Integrated Logistics
         11690 NW 105th St., 1st Floor
         Miami, FL 33178
         Phone: (305) 500-4417
         Fax: None
         Email: Mike_Mandell@Ryder.com

     (5) Jeff Keim
         Serta Simmons Bedding, LLC
         3560 Lenox Road, Suite 1100
         Atlanta, GA 30326
         Phone: (770) 353-0121
         Fax: (770) 206-2663
         Email: jkeim@sertasimmons.com

     (6) Ronald Tucker
         Simon Property Group
         225 W. Washington St.
         Indianapolis, IN 46204
         Phone: (317) 263-2346
         Fax: (317) 263-7901
         Email: rtucker@simon.com

     (7) Bruce King
         Steve Silver Co
         P.O. Box 1709
         Forney, TX 75126
         Phone: (972) 564-2601
         Fax: (469) 689-0138
         Email: bking@ssilver.com

     (8) Ken Proctor
         U.S. Transport Corporation
         103 N. Main Street, Suite 300
         Greenville SC 29601
         Phone: (248) 605-1460
         Email: kproctor@uste3.com

The Justice Department's bankruptcy watchdog appointed Renee Weiss,
Esq., as chairperson of the committee.  The committee members
selected Jeff Keim as vice-chairperson.

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense. They may investigate the debtor's business and financial
affairs. Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                        About hhgregg Inc.

Indianapolis, Indiana-based hhgregg, Inc. is an appliance,
electronics and furniture retailer.  Founded in 1955, hhgregg is a
multi-regional retailer currently with 220 stores in 19 states that
also offers market-leading global and local brands at value prices
nationwide via hhgregg.com.

hhgregg Inc., Gregg Appliances Inc. and HHG Distributing LLC sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Ind. Lead Case No. 17-01302) on March 6, 2017.  The petition was
signed by Kevin J. Kovacs, chief financial officer.  

At the time of the filing, hhgregg and HHG Distributing estimated
assets and liabilities of less than $50,000.  Gregg Appliances  
estimated its assets and liabilities at $100 million to $500
million.  

The Debtors have retained Morgan, Lewis & Bockius LLP and Ice
Miller LLP as counsel; Berkeley Research Group, LLC as financial
advisor; Stifel and Miller Buckfire & Co. as investment banker and
Donlin, Recano & Company, Inc. as claims and noticing agent.


HIGH RIDGE: Moody's Assigned First-Time B2 Corporate Family Rating
------------------------------------------------------------------
Moody's Investors Service assigned a first time B2 Corporate Family
Rating ("CFR") and B2-PD Probability of Default Rating to High
Ridge Brands Co. ("High Ridge"). Moody's also assigned a Caa1
rating to $250 million of proposed senior unsecured notes. The
rating outlook is stable. Proceeds from the notes offering will be
used to refinance certain existing indebtedness.

Ratings assigned:

High Ridge Brands Co.

Corporate Family Rating at B2;

Probability of Default Rating at B2-PD;

$250 million Senior Unsecured Notes due 2025 at Caa1 (LGD 5).

Outlook is stable

RATINGS RATIONALE

High Ridge's B2 CFR reflects its modest scale with annual revenues
under $400 million and high pro forma leverage of around 6.7 times
debt to EBITDA. The rating also reflects risks associated with the
company's strategy of debt-financed acquisitions as a means to fuel
growth and increase the diversity of its product portfolio.
Supporting the rating is the company's good position as a provider
of value-oriented personal care products, high brand loyalty among
value shoppers, and good liquidity. The company also benefits from
a strong management team with substantial experience in the
consumer products industry.

The stable outlook reflects Moody's expectation that High Ridge's
scale will remain modest for the foreseeable future. The outlook
also reflects Moody's expectation that debt to EBITDA will remain
high at approximately 6 times over the next 12 to 18 months.

The rating could be downgraded if operating performance
deteriorates. The rating could also be lowered if the company
adopts a more aggressive financial policy with respect to
debt-financed acquisitions or dividends to its financial sponsor.
Specifically if Moody's expects debt to EBITDA to be sustained
above 6.0 times, the ratings could be downgraded. A deterioration
in liquidity could also result in a downgrade.

An upgrade would require a significant improvement in scale and
product diversification. For Moody's to consider an upgrade the
company would also need to build a track record of sustained
organic revenue and earnings growth. In addition, an upgrade would
require that debt to EBITDA be sustained below 5 times.

Headquartered in Stamford, CT, High Ridge Brands Co. is engaged in
the marketing, sales and distribution of personal care products in
the hair care, skin cleansing and oral care categories. The company
is owned by private equity firm Clayton, Dubilier & Rice and
generates annual revenues of about $370 million.

The principal methodology used in these ratings was Global Packaged
Goods published in January 2017.


HMF GOLF: Northwest Savings Tries to Block Approval of Plan Outline
-------------------------------------------------------------------
Secured creditor Northwest Savings Bank filed with the U.S.
Bankruptcy Court for the Western District of Pennsylvania an
objection to HMF Golf Inc.'s disclosure statement to accompany the
joint plan dated Jan. 20, 2017.

According to the Bank, the Disclosure Statement is misleading with
respect to these matters:

     a. the Disclosure Statement provides the secured claim of the

        Bank is $436,301 when as of Feb. 27, 2017, the claim is
        $464,026.38 after the inclusion of additional interest,
        late fees, legal fees and costs;

     b. the Disclosure Statement provides the secured claim of the

        Bank is subject to a carve out for administrative expense
        in the amount of $25,000.  The Bank has not agreed to the
        carve-out;

     c. the Bank is also of the belief that there are real
        property taxes due in the approximate amount of $31,000
        which are not enumerated in the Disclosure Statement; and

     d. the Bank is also of the belief that additional
        administrative expenses exist which are not enumerated in
        the Disclosure Statement including, but not limited to,
        unpaid trustee fees of $4,800 and accounting fees to
        Richar & Associates in the amount of $17,650, along with
        any taxes that may have administrative priority.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/pawb16-10346-119.pdf

As reported by the Troubled Company Reporter on Jan. 27, 2017, the
Debtor filed with the Court the Disclosure Statement, which states
that Class 2, Secured Claim of Northwest Savings Bank, is impaired
under the Plan.  The secured claim of Northwest Savings Bank in the
amount of $436,301 is secured as a first position lien against the
business assets of the Debtor and shall be paid out of the sale
proceeds on the Plan Effective Date, subject to a carve-out for
administrative expenses in the amount of $25,000.  The Plan is to
be implemented by the sale of all assets of the Debtor to the "W"
Club of Reno, Inc., or other qualified bidder, pending court
approval.

The Bank is represented by:

     Eric D. Rosenberg, Esq.
     METZ LEWIS BRODMAN MUST O'KEEFE LLC
     535 Smithfield Street, Suite 800
     Pittsburgh, PA 15222
     Tel: (412) 918-1186
     E-mail: erosenberg@metzlewis.com

                      About HMF Golf Inc.

HMF Golf, Inc., filed a Chapter 11 petition (Bankr. W.D. Pa. Case
No. 16-10346) on April 13, 2016, disclosing under $1 million in
both assets and liabilities.  The petition was signed by Todd
McLaughlin, president.  The Debtor is represented by Brian C.
Thompson, Esq., at Thompson Law Group, P.C.


HUDSON'S BAY: Bank Debt Trades at 2% Off
----------------------------------------
Participations in a syndicated loan under Hudson's Bay Co is a
borrower traded in the secondary market at 97.90
cents-on-the-dollar during the week ended Friday, March 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.27 percentage points from the
previous week.  Hudson's Bay pays 325 basis points above LIBOR to
borrow under the $0.500 billion facility. The bank loan matures on
Sept. 30, 2022 and carries Moody's B1 rating and Standard & Poor's
did not give any rating.  The loan is one of the biggest gainers
and losers among 247 widely quoted syndicated loans with five or
more bids in secondary trading for the week ended March 3.


HUMBLE SURGICAL: Seeks to Hire BVA Group's Anapolsky as CRO
-----------------------------------------------------------
Humble Surgical Hospital, LLC seeks approval from the U.S.
Bankruptcy Court for the Southern District of Texas to hire a chief
restructuring officer and financial advisor.

The Debtor proposes to hire Jeffrey Anapolsky and BVA Group
Restructuring and Advisory LLC, an affiliate of BVA Group LLC where
Mr. Anapolsky is the managing director.

Mr. Anapolsky will have sole authority to manage the business
affairs of HSS and its affiliates.  The services to be provided by
the CRO include assisting the Debtors' bankruptcy counsel,
reviewing their financial results, and designing and implementing a
restructuring strategy.  He will also provide financial advisory
services related to the Debtors' bankruptcy cases.

The hourly rates charged by the firm are:

     Jeffrey Anapolsky     $675
     Erica Bramer          $675
     Scott Dalrymple       $675
     Stephen Jaquess       $475
     Amy Cui               $350

Mr. Anapolsky disclosed in a court filing that BVA Group
Restructuring is a "disinterested person" as defined in section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Jeffrey M. Anapolsky
     BVA Group Restructuring and Advisory LLC
     1000 Louisiana Street, Suite 6925
     Houston, TX 77002
     Phone: 713-457-3125
     Email: info@bvagroup.com

                 About Humble Surgical Hospital

Headquartered in Houston, Texas, Humble Surgical Hospital, LLC,
operates as a multi-specialty surgical hospital.  It offers
surgical services in the areas of ENT, orthopedics, ophthalmology,
podiatry, plastics, pain management, chiropractics, spine, and
gastroenterology.  The company was founded in 2009 and is based in
Humble, Texas.

Humble Surgical Hospital LLC, Humble Surgical Holdings LLC, K & S
Consulting ASC LP, and K&S Consulting Management LLC filed separate
Chapter 11 bankruptcy petitions (Bankr. S.D. Tex. Case Nos.
17-31078 to 17-31081)on Feb. 24, 2017.  The petitions were signed
by Jeffrey M. Anapolsky, chief restructuring officer.

Humble Surgical Hospital estimated its assets at between $10
million and $50 million and its liabilities at between $50 million
and $100 million.  Humble Surgical Holdings estimated its assets at
up to $50,000 and liabilities at between $1 million and $10
million.

Judge David R. Jones presides over the cases.  BVA Group
Restructuring And Advisory LLC is the Debtors' financial advisor.

No trustee, examiner or official committee of unsecured creditors
has been appointed.


HUMBLE SURGICAL: Seeks to Hire Hoover Slovacek as Legal Counsel
---------------------------------------------------------------
Humble Surgical Hospital, LLC seeks approval from the U.S.
Bankruptcy Court for the Southern District of Texas to hire legal
counsel.

HSS proposes to hire Hoover Slovacek LLP to give legal advice
regarding the duties of the company and its affiliates under the
Bankruptcy Code, negotiate with creditors, assist in the
preparation of a bankruptcy plan, and provide other legal
services.

The hourly rates charged by the firm are:

     Edward Rothberg             $475
     Annie Catmull               $350
     Deirdre Brown               $350
     Melissa Haselden            $335
     Curtis McCreight            $320          
     Brendetta Scott             $300
     Legal Assistants     $115 - $175         
     Paralegals           $115 - $175

Edward Rothberg, Esq., disclosed in a court filing that his firm is
a "disinterested person" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Edward L. Rothberg, Esq.
     Hoover Slovacek LLP
     Galleria Tower II
     5051 Westheimer, Suite 1200
     Houston, TX 77056
     Tel: 713-977-8686
     Fax: 713-977-5395
     Email: rothberg@hooverslovacek.com

                 About Humble Surgical Hospital

Headquartered in Houston, Texas, Humble Surgical Hospital, LLC,
operates as a multi-specialty surgical hospital.  It offers
surgical services in the areas of ENT, orthopedics, ophthalmology,
podiatry, plastics, pain management, chiropractics, spine, and
gastroenterology.  The company was founded in 2009 and is based in
Humble, Texas.

Humble Surgical Hospital LLC, Humble Surgical Holdings LLC, K & S
Consulting ASC LP, and K&S Consulting Management LLC filed separate
Chapter 11 bankruptcy petitions (Bankr. S.D. Tex. Case Nos.
17-31078 to 17-31081)on Feb. 24, 2017.  The petitions were signed
by Jeffrey M. Anapolsky, chief restructuring officer.

Humble Surgical Hospital estimated its assets at between $10
million and $50 million and its liabilities at between $50 million
and $100 million.  Humble Surgical Holdings estimated its assets at
up to $50,000 and liabilities at between $1 million and $10
million.

Judge David R. Jones presides over the cases.  BVA Group
Restructuring And Advisory LLC is the Debtors' financial
advisor.

No trustee, examiner or official committee of unsecured creditors
has been appointed.


HUMBLE SURGICAL: U.S. Trustee Forms 3-Member Committee
------------------------------------------------------
The Office of the U.S. Trustee on March 10 appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of Humble Surgical Hospital, LLC.

The committee members are:

     (1) Lone Star Extremities, LLC
         Attn: Jennifer Fore
         294 S. San Marino Loop
         Casa Grande, AZ 85194
         Tel: 832-656-6879
         Fax: 866-525-8146
         Email: lonestarextremities@hotmail.com

         Counsel: Neel, Hooper & Banes, P.C.
         Sean D. Forbes, Esq.
         1800 West Loop South, Suite 1750
         Houston, TX 77027
         Tel: 713-629-1800
         Fax: 713-629-1812
         Email: sforbes@nhblaw.com

     (2) Olympus Corporation of the Americas
         Attn: Thomas Czarnecki
         3500 Corporate Parkway
         Center Valley, PA 18034
         Tel: 484-896-5638
         Fax: 484-896-7869
         Email: thomas.czarnecki@olympus.com

         Counsel: Ashley Park, Asst. General Counsel
         3500 Corporate Parkway
         Center Valley, PA 18034
         Tel: 484-896-5663
         Fax: 484-896-7869
         Email: ashley.park@olympus.com

     (3) Medline Industries, Inc.
         Attn: Shane Reed
         Three Lakes Drive
         Northfield, IL 60093
         Tel: 847-643-4232
         Fax: 866-914-2729
         Email: sreed@medline.com

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense. They may investigate the debtor's business and financial
affairs. Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                 About Humble Surgical Hospital

Headquartered in Houston, Texas, Humble Surgical Hospital, LLC,
operates as a multi-specialty surgical hospital.  It offers
surgical services in the areas of ENT, orthopedics, ophthalmology,
podiatry, plastics, pain management, chiropractics, spine, and
gastroenterology.  The company was founded in 2009 and is based in
Humble, Texas.

Humble Surgical Hospital LLC, Humble Surgical Holdings LLC, K & S
Consulting ASC LP, and K&S Consulting Management LLC filed separate
Chapter 11 bankruptcy petitions (Bankr. S.D. Tex. Case Nos.
17-31078 to 17-31081) on Feb. 24, 2017.  The petitions were signed
by Jeffrey M. Anapolsky, chief restructuring officer.

Humble Surgical Hospital estimated its assets at between $10
million and $50 million and its liabilities at between $50 million
and $100 million.  Humble Surgical Holdings estimated its assets at
up to $50,000 and liabilities at between $1 million and $10
million.

Judge David R. Jones presides over the cases.  BVA Group
Restructuring and Advisory LLC is the Debtors' financial advisor.


ISLA BONITA: Plan Confirmation Hearing on April 5
-------------------------------------------------
The Hon. Brian K. Tester of the U.S. Bankruptcy Court for the
District of Puerto Rico has conditionally approved Isla Bonita
Investment Holding Company, Inc.'s disclosure statement filed on
Feb. 28, 2017, referring to the Debtor's plan of reorganization.

A hearing for the consideration of the final approval of the
Disclosure Statement and the confirmation of the Plan will be held
on April 5, 2017, at 2:00 p.m.

Objections to the final approval of the Disclosure Statement and
confirmation of the Plan must be filed on or before 10 days prior
to the date of the hearing on confirmation of the Plan.

The Debtor will file with the Court a statement setting forth
compliance with each requirement in Section 1129, the list of
acceptances and rejections and the computation of the same, within
seven working days before the hearing on confirmation.

Acceptances or rejections of the Plan may be filed by the holders
of all claims on or before 10 days prior to the date of the hearing
on confirmation of the Plan.

                       About Isla Bonita

Isla Bonita Investment and Holding Co, Inc., filed a Chapter 11
bankruptcy petition (Bankr. D.P.R. Case No. 16-06580) on August
18, 2016, disclosing under $1 million in both assets and
liabilities.  The Debtor is represented by Jose Guillermo
Gonzalez, Esq.

No official committee of unsecured creditors has been appointed in
the case.


J. CREW: Bank Debt Trades at 43% Off
------------------------------------
Participations in a syndicated loan under J. Crew is a borrower
traded in the secondary market at 56.96 cents-on-the-dollar during
the week ended Friday, March 3, 2017, according to data compiled by
LSTA/Thomson Reuters MTM Pricing.  This represents a decrease of
1.01 percentage points from the previous week.  J. Crew pays 300
basis points above LIBOR to borrow under the $1.56 billion
facility. The bank loan matures on Feb. 27, 2021 and carries
Moody's Caa1 rating and Standard & Poor's CCC- rating.  The loan is
one of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended March 3.


JACKSON MASONRY: Unsecureds to Get $850 Per Month for 3 Years
-------------------------------------------------------------
Jackson Masonry, LLC, filed with the U.S. Bankruptcy Court for the
Middle District of Tennessee a disclosure statement referring to
the Debtor's plan of reorganization.

The aggregated amount of Class 8 – Allowed General Unsecured
Claims, which consists of the allowed, General Unsecured Claims
other than the Unsecured Claim in Favor of Ritzen, is $30,603.66.
On the first day of the first month following the Effective Date,
the Debtor will make 36 regular installment payments of $850.10 to
satisfy the Class 8 Claims in full.  The Debtor will be expressly
permitted to pay any Class 8 Claim in full prior to maturity
without penalty.

Cash generated from the Debtor's continued operations will be the
source of funding the plan payments.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/tnmb16-02065-389.pdf

                     About Jackson Masonry

Jackson Masonry, LLC, was formed on Jan. 26, 1998.  It is owned
entirely by Rogers Jackson.  In 1997, Mr. Jackson left Knight
Masonry and decided to form Jackson Masonry along with his wife.
The business started out of their basement, with 0 projects in the
queue and Mr. Jackson as the only employee.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Tenn. Case No. 16-02065) on March 24, 2016.  The
petition was signed by Rogers Jackson, member.

The Debtor is represented by Griffin S. Dunham, Esq., at Dunham
Hildebrand, PLLC.  The case is assigned to Judge Keith M. Lundin.

The Debtor estimated both assets and liabilities in the range of $1
million to $10 million.


JAYUYA MEMORIAL: March 31 Plan Confirmation Hearing
---------------------------------------------------
Judge Edward A. Godoy of the U.S. Bankruptcy Court for the District
of Puerto Rico conditionally approved the disclosure statement
explaining Jayuya Memorial, Inc.'s plan of reorganization, and
scheduled a hearing to consider final approval of the Disclosure
Statement and confirmation of the Plan for March 31, 2017, at 9:30
a.m.

The Troubled Company Reporter previously reported that Class 2
Claims of General Unsecured Creditors are impaired by the Plan.
Holders of Allowed Class 2 Claims will receive a distribution
$14,400.  This distribution is projected to equal a 50.00%
distribution on the Allowed Class 2 Claims.  These claims will be
paid via 48 monthly payments in the amount of $300.  Payments on
the Class 2 Claims will commence on the first day of the 74th month
following the Effective Date of the Plan and continue, on a monthly
basis, through the last day of the 120th month following the
Effective Date of the Plan.

The Plan establishes that the Plan will be funded from the
cash-flows generated by the Reorganized Debtor.  The Debtor's
cash-flows consist of the business income generated by the Debtor's
business.  The Debtor will contribute its cash flows to fund the
Plan commencing on the Effective Date of the Plan and continue to
contribute through the date that Holders of Allowed Class 1 and 2
Claims receive the payments specified for in the Plan.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/prb16-06235-50.pdf

Jayuya Memorial, Inc, is managed and operated by its president,
Juan Morales.  It is a mortuary services company which offers
funerary services.  

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. D.P.R.
Case No. 16-06235) on Aug. 5, 2016, listing under $1 million in
assets and debts.

The Batista Law Group, P.S.C., serves as the Debtor's bankruptcy
counsel.

The Debtor hired Manuel E. Feliciano Rios, CPA, as financial
consultant.


KDA GROUP: Hearing on Plan Outline Approval Set for April 27
------------------------------------------------------------
The Hon. Gregory L. Taddonio of the U.S. Bankruptcy Court for the
Western District of Pennsylvania will hold on April 27, 2017, at
11:00 a.m. a hearing to consider the approval of KDA Group, Inc.'s
disclosure statement and Chapter 11 plan dated Feb. 27, 2017.

Objections to the Disclosure Statement must be filed by April 12,
2017.

Headquartered in Pittsburgh, Pennsylvania, KDA Group, Inc., filed
for Chapter 11 bankruptcy protection (Bankr. W.D. Pa. Case No.
16-21821) on May 12, 2016, estimating its assets at between
$100,000 and $500,000 and liabilities at between $10 million and
$50 million.  The petition was signed by Nicholas D. E. Barran,
authorized representative.

Judge Gregory L. Taddonio presides over the case.

Donald R. Calaiaro, Esq., at Calaiaro Valencik serves as the
Debtor's bankruptcy counsel.

The Troubled Company Reporter, on July 1, 2016, reported that the
Office of the U.S. Trustee disclosed in a court filing that no
official committee of unsecured creditors has been appointed in
the Chapter 11 case of KDA Group, Inc.


KIDS FIRST: Wants to Use BOB and GCB&T Cash Collateral
------------------------------------------------------
Kids First Enrichment Center, LLC, asks the U.S. Bankruptcy Court
for the Western District of Tennessee to authorize the use of cash
collateral in the ordinary course of business.

The Debtor is a Tennessee limited liability company that holds
record title to commercial real property in Memphis, Shelby County,
Tennessee.  The Debtor holds title to real property municipally
identified as 7130 East Shelby Drive Memphis, Tennessee, from which
a day care center is operated by Quest Enrichment Center, LLC.
Harry L. Smith is the sole member of both Quest and the Debtor.
The Debtor also holds title to real property municipally identified
as 3525 Hickory Hill Road Memphis, Tennessee, from which it carries
on its daily operations.  Its primary business involves providing
day care services to infants and children.

Prior to the Petition Date, the Debtor has these two secured
lenders with a lien on the cash collateral:

          a. Bank of Bartlett ("BOB"), held a first priority
mortgage secured by the property located on East Shelby Drive.

          b. Gulf Coast Bank and Trust Co. ("GCB&T") held a first
priority mortgage secured on the Hickory Hill Road property where
Debtor carries on its daily operations.

The Debtor reserves the right to challenge the extent and priority
of BOB's lien and GCB&T's lien on the real property, cash
collateral and any other collateral.  The Debtor has filed the case
to restructure its debt and pursue a traditional chapter 11
reorganization including paying its debts to BOB and GCB&T over
time through a plan of reorganization.  The Debtor filed the
Petition to halt foreclosure of the East Shelby Drive property by
BOB.

The Debtor requires the use of cash collateral to fund all
necessary operating expenses of the Debtor's business.  The Debtor
will suffer immediate and irreparable harm if it is not authorized
to use the cash collateral during the interim period to fund its
expenses.  Absent such authorization, the Debtor will not be able
to maintain and protect the Property.

The Debtor proposes to use the Cash Collateral in accordance with
the terms of the Budget.  The proposed monthly operating budget for
2017 projects $81,695 in monthly income and $74,800 in expenses,
including $40,090 for payroll.

Adequate protection provided to BOB and GCNB&T will include monthly
payments from Debtor and the Quest as set forth in the budget or a
replacement lien on the Debtor's receivables and the Debtor's
projected positive cash flow.

Revenues from the Quest operations which are used to cover its own
operating expenses as well as pay mortgage indebtedness secured by
the real property located on Shelby Drive in Memphis, Tennessee are
not included in the budget.  Quest will make mortgage payments
directly to Bank of Bartlett for the Shelby Drive property.  Quest
is a co-debtor on the secured mortgage to Bank of Bartlett for the
Shelby Drive property.

A copy of the Budget attached to the Motion is available for free
at:

   http://bankrupt.com/misc/tnwb17-21641_16_Cash_Kids_First.pdf

The Debtor believes that the approval of the Motion is in the best
interest of the Debtor, its creditors and its estate because it
will enable the Debtor to (i) continue the orderly operation of its
business and avoid an immediate total shutdown of operations; (ii)
meet its obligations for necessary ordinary course expenditures,
and other operating expenses; and (iii) make payments authorized
under other orders entered by the Court, thereby avoiding immediate
and irreparable harm to the Debtor's estate.  Accordingly, the
Debtor asks the Court to authorize the use of cash collateral in
accordance with the Budget and provide related adequate protection;
and grant such other and further relief that is just and proper.

                       About Kids First Enrichment Center

Kids First Enrichment Center, LLC, is a Tennessee limited liability
company that holds record title to commercial real property in
Memphis, Shelby County, Tennessee.  The company holds title to real
property municipally identified as 7130 East Shelby Drive Memphis,
Tennessee, from which a day care center is operated by Quest
Enrichment Center, LLC.  Harry L. Smith is the sole member of both
Quest and the company.  The company also holds title to real
property municipally identified as 3525 Hickory Hill Road Memphis,
Tennessee, from which it carries on its daily operations.  Its
primary business involves providing day care services to infants
and children.

Kids First Enrichment Center, LLC sought Chapter 11 protection
(Bankr. W.D. Tenn. Case No. 17-21641) on Feb. 23, 2017.


KINGMAN FARMS: Tiger, Rabin to Auction Assets on March 23
---------------------------------------------------------
By order of the Bankruptcy Court, Tiger Group, in cooperation with
Rabin Worldwide, will conduct a live/webcast auction on March 23 of
assets formerly owned by Kingman Farms.  Late-model,
well-maintained equipment -- including tractors, bale stackers,
backhoes, graders, scrapers, rolling stock, and more -- will be
available for sale.

Live bidding will take place at the La Quinta Inn & Suites Kingman,
3419 Hotel Way Kingman, beginning at 10:30 a.m. (MT) on March 23.
Those intending to bid online via webcast during the auction are
required to register at www.bidspotter.com.  Previews of the assets
being offered in the auction will be held at 172500 Stockton Hill
Road (MM32.5) Kingman, and Golden Valley Farm, 4536 W. Dora Dr.,
Golden Valley, from 8:00 a.m. to 4:00 p.m. (MT) on Mar. 21 and 22.

"This event provides an excellent opportunity for owners and
operators of farms, construction companies, as well as drilling and
irrigation firms to purchase tractors, vehicles, equipment,
implements, pumps and more at auction prices," said Jeff Tanenbaum,
President of Tiger's Commercial & Industrial division.

Available farm equipment includes Case and John Deere tractors, as
new as 2013; Case and Stinger 650 Bale Stackers, as new as 2014; a
John Deere self-propelled spray rig, a Woods Shredder, and
Grademaster drag scrapers.

Construction equipment for sale includes 2014 Caterpillar backhoes,
a 2014 Tesmec Trencher, and two Reynolds 17C12 Scrapers, and more.

Well drilling and irrigation equipment up for bid includes Wilson,
National, Ideal and O'Drill skid-mounted mud pumps and water
pumps.

Available rolling stock features truck tractors; flatbed, cargo,
utility and enclosed trailers; water wagons, fuel trucks, a
military 4 x 4 truck tractor, a school bus, as well as Ford, GMC,
Chevrolet and Toyota pickups and service trucks as late as 2014.

Support equipment for sale includes a JLG 6036 SkyTrak Telehandler,
John Deere Gators, a forklift, generators, air compressors, and
more.

For a full catalog of the items offered and details on how to
schedule a site visit and bid, go to: http://www.SoldTiger.com/

                      About Avery Land Group

Kingman Farms parent company Avery Land Group, LLC, based in Las
Vegas, NV, filed a Chapter 11 petition (Bankr. D. Nev. Case No.
16-14995) on Sept. 9, 2016.  The case is assigned to Judge August
B. Landis.  The Debtor estimated assets at $500,000 to $1 million
and liabilities at $1 million to $10 million.  The petition was
signed by James M. Rhodes, manager.

The Debtor tapped Brett A. Axelrod, Esq., at Fox Rothschild, LLP,
as bankruptcy counsel, and The Bach Law Firm, LLC as conflicts
counsel.

No official committee of unsecured creditors has been appointed in
the case.


LANTHEUS MEDICAL: Moody's Raises Corporate Family Rating to B2
--------------------------------------------------------------
Moody's Investors Service upgraded the ratings of Lantheus Medical
Imaging, Inc. including the Corporate Family Rating to B2 from B3,
the Probability of Default Rating to B3-PD from Caa1-PD, and the
senior secured term loan to B2 from B3. These actions conclude a
rating review initiated on February 23, 2017. Moody's also affirmed
the SGL-2 Speculative Grade Liquidity Rating. The outlook is
stable.

"Recent deleveraging enhances Lantheus' financial flexibility to
withstand operating risks related to pricing pressure and supply
chain vulnerabilities," stated Michael Levesque, Moody's Senior
Vice President. "We expect that Lantheus will continue to
deleverage from a combination of growth in key products and debt
repayment," continued Levesque.

Ratings upgraded:

Corporate Family Rating to B2 from B3

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

Senior secured term loan to B2 (LGD3) from B3 (LGD 3)

Ratings affirmed:

Speculative Grade Liquidity Rating at SGL-2

Rating Outlook:

The ratings outlook is stable

RATINGS RATIONALE

Lantheus's B2 Corporate Family Rating reflects its small size and
high product and customer concentration, and its moderately high
financial leverage in light of operating risks. These include
pricing pressure from key radiopharmacy customers, vulnerabilities
in the supply chain for Lantheus' nuclear products (TechneLite,
Xenon, Cardiolite and Neurolite), reliance on a sole supplier for
production of DEFINITY -- Lantheus's largest product. A further
risk factor is the approaching loss of patent exclusivity on
DEFINITY, with various patents expiring in 2019 and 2021 in the US,
and in 2019 outside the US. The company is working on a
next-generation program, but limited details are available.

The ratings are supported by high barriers to entry and Lantheus'
good competitive position in the contrast imaging market. The
ratings also reflect good growth prospects for DEFINITY, given
increasing market penetration of contrast imaging in
echocardiograms. Lantheus has several growth opportunities
including the potential launch of DEFINITY in China, and a recently
announced term sheet for a proposed collaboration with GE
Healthcare in which GE would help develop and commercialize
flurpiridaz F 18 and pay Lantheus double-digit royalties on US
sales and single-digit royalties on non-US sales. That transaction
is expected to close in Q2 2017.

The SGL-2 Speculative Grade Liquidity rating reflects Moody's view
that Lantheus will maintain good liquidity over the next 12 to 18
months. This reflects Moody's expectation for cash on hand in
excess of $30 million, positive free cash flow each quarter, and
ample cushion under financial maintenance covenants.

The stable outlook reflects Moody's expectation that the company
will continue good operating performance, maintain good liquidity,
and not experience any supply disruptions over the next 12-18
months.

Moody's could upgrade Lantheus' ratings if the company increases in
scale and product diversity, and enhances the diversity of its
supplier base. Further, if Moody's believes that debt/EBITDA will
be sustained below 3.0x, the ratings could be upgraded. Moody's
could downgrade Lantheus' ratings if the company encounters supply
issues or other business disruptions, or liquidity weakens.
Further, the ratings could be downgraded if debt/EBITDA is
sustained above 4.5x.

The principal methodology used in these ratings was Global
Pharmaceutical Industry published in December 2012.

Lantheus is a leading global manufacturer of pharmaceutical
products used to enhance outcomes in medical imaging procedures
like echocardiograms, and nuclear imaging of the heart, lungs and
brain. Lantheus is publicly traded with Avista Capital Partners
having about a 40% ownership stake. The company generates roughly
$300 million in annual revenue.


LIQUIDMETAL TECHNOLOGIES: Incurs $18.7 Million Net Loss in 2016
---------------------------------------------------------------
Liquidmetal Technologies, Inc., filed with the Securities and
Exchange Commission its annual report on Form 10-K disclosing a net
loss and comprehensive loss attributable to the Company's
shareholders of $18.74 million on $480,000 of total revenue for the
year ended Dec. 31, 2016, compared with a net loss and
comprehensive loss attributable to the Company's shareholders of
$7.31 million on $125,000 of total revenue for the year ended
Dec. 31, 2015.

As of Dec. 31, 2016, Liquidmetal had $61.36 million in total
assets, $6.54 million in total liabilities and $54.82 million in
total shareholders' equity.

During 2016, the Company raised a total of $62.7 million through
the issuance of 405,000,000 shares of its common stock in multiple
closings under the 2016 Purchase Agreement.  The Company has a
relatively limited history of producing bulk amorphous alloy
products and components on a mass-production scale.  Furthermore,
the ability of future contract manufacturers to produce the
Company's products in desired quantities and at commercially
reasonable prices is uncertain and is dependent on a variety of
factors that are outside of the Company's control, including the
nature and design of the component, the customer’s
specifications, and required delivery timelines.  These factors
have required that the Company engage in equity sales under various
stock purchase agreements to support its operations and strategic
initiatives. Uncertainty as to the outcome of these factors has
previously raised substantial doubt about the Company's ability to
continue as a going concern.  Following the closing of the
remaining funding under the 2016 Purchase Agreement, the Company
anticipates that its current capital resources, when considering
expected losses from operations, will be sufficient to fund its
operations for the foreseeable future.

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

                     https://is.gd/Ojc5fM

                About Liquidmetal Technologies

Based in Rancho Santa Margarita, Cal., Liquidmetal Technologies,
Inc., and its subsidiaries are in the business of developing,
manufacturing, and marketing products made from amorphous alloys.
Liquidmetal Technologies markets and sells Liquidmetal(R) alloy
industrial coatings and also manufactures, markets and sells
products and components from bulk Liquidmetal alloys that can be
incorporated into the finished goods of its customers across a
variety of industries.  The Company also partners with third-
party licensees and distributors to develop and commercialize
Liquidmetal alloy products.


LIVING COLOUR: Court Extends Plan Filing Through May 17
-------------------------------------------------------
Judge Erik Kimball extended Living Colour Landscape, LLC, et al.'s
exclusive plan filing deadline through May 17, 2017, and their
exclusive plan solicitation period through July 17, 2017.

               About Living Colour Landscape, LLC

Lake Worth, Florida-based Living Colour Landscapes, LLC and Marula
Props, LLC, filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Fla. Case Nos. 16-15773 and Case No. 16-15774) on April 21, 2016.
The petitions were signed by Deon Botha, manager.

Judge Paul G. Hyman, Jr., presides over the cases. Aaron A Wernick,
Esq., at Furr & Cohen serves as the Debtors' bankruptcy counsel.

Living Colour Landscapes disclosed $323,979 in total assets and
$1.31 million in total liabilities.  Marula Props disclosed
$179,252 in total assets and $1.25 million in total liabilities.


LUVIS AMBULANCE: March 31 Plan Confirmation Hearing
---------------------------------------------------
Judge Edward A. Godoy of the U.S. Bankruptcy Court for the District
of Puerto Rico conditionally approved the disclosure statement
explaining Luvis Ambulance Services, Inc.'s plan of reorganization
and scheduled a hearing for the consideration of the final approval
of the Disclosure Statement and the confirmation of the Plan for
March 31, 2017, at 9:30 A.M.

The Troubled Company Reporter, on Feb. 27, 2017, previously
reported that the plan proposes to give Class 4 general unsecured
creditors a distribution of $18,000.  This distribution is
projected to equal a 70% distribution on allowed Class 4  claims.
These claims will be paid via 60 monthly payments in the amount of
$300.  Payments on the Class 4 Claims will commence on the first
day of the 61st month following the Effective Date of the Plan and
continue, on a monthly basis, through the last day of the 120th
month following the Effective Date of the Plan.  This class is
impaired.

The Plan will be funded from the cash-flows generated by the
Reorganized Debtor.  The Debtor's cash flows consist of the revenue
generated by the Debtor's rental income.

The Plan Proponent believes that the Debtor will have enough cash
on hand on the effective date of the Plan to pay all the claims and
expenses that are entitled to be paid on that date.  The Debtor
estimates that at the time of an Order of Confirmation, the debtor
will sufficient in liquid assets to fund the Plan.

A copy of the Disclosure Statement is available at:

       http://bankrupt.com/misc/prb16-06244-11-49.pdf

Luvis Ambulance Services Inc. filed a Chapter 11 bankruptcy
petition (Bankr. D.P.R. Case No. 16-06244) on Aug. 5, 2016.  Judge
Enrique S. Lamoutte Inclan presides over the case.


MALIBU LIGHTING: Court Extends Plan Exclusivity Through April 10
----------------------------------------------------------------
The Honorable Kevin Gross granted Malibu Lighting Corporation's
fifth exclusivity extension request.  The Debtor's exclusive plan
filing period is extended through April 10, 2017, and its exclusive
solicitation period is extended through June 8, 2017.

As previously reported by The Troubled Company Reporter, the
Debtors told the Court that they are currently preparing a draft
disclosure statement and related plan, and have been in discussions
with the Committee and other non-debtor parties over the structure
of a potential chapter 11 plan that would conclude these chapter 11
cases.  However, the Debtors asserted that they require additional
time to advance and hopefully conclude these discussions, and then
propose a consensual chapter 11 plan that would have the support of
the major economic constituencies.

                About Malibu Lighting Corporation

Malibu Lighting Corporation, Outdoor Direct Corporation, National
Consumer Outdoors Corporation, Beam Corporation, Smoke 'N Pit
Corporation, Treasure Sensor Corporation and Stubbs Collections
Inc. filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead
Case No. 15-12080) on Oct. 8, 2015.  The petition was signed by
David M. Baker as chief restructuring officer.  Judge Kevin Gross
is assigned to the case.

MLC was a manufacturer and supplier of outdoor and landscape
lighting products, such as solar and low voltage lights and home
security lights, including the parts and accessories associated
with these products.

ODC was a manufacturer and supplier of a variety of consumer goods,
including (a) outdoor cooking products, such as outdoor gas grills,
charcoal grills, smokers and fryers, (b) hand held lighting
products, like flashlights and spotlights, (c) landscape lighting
products, and (d) parts and accessories associated with the
foregoing products.

MLC and ODC are  winding down operations as a result of the
termination of a business relationship with principal customer,
Home Depot.

NCOC is a manufacturer and supplier of both branded and private
label pet bedding and pet accessory products.  NCOC manufactures
beds, accessories, and deodorizers for dogs as well as beds,
scratching posts, and toys for cats.  In addition, NCOC markets
and sells boat covers manufactured primarily from Chinese
suppliers.  Malibu estimated assets and liabilities of
$10 million to $50 million in its bankruptcy petition.

The Debtors have engaged Michael Seidl, Esq., Jeffrey N. Pomerantz,
Esq., and Maxim B. Litvak, Esq., at Pachulski Stang Ziehl & Jones
LLP as counsel, Piper Jaffray Co. as investment banker, and
Kurtzman Carson Consultants as claims and noticing agent.

On Oct. 20, 2015, an official committee of unsecured creditors was
appointed by the Office of the United States Trustee.  The
Committee has retained Lowenstein Sandler LLP as its counsel, Blank

Rome LLP as its Delaware co-counsel and BDO USA, LLP, as its
financial advisors.

No request has been made for the appointment of a trustee or an
examiner in these cases.


MAXUS ENERGY: Hearing on Disclosures & Plan Outline Is on March 29
------------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware has
scheduled a telephonic status conference on March 29, 2017, at
10:00 a.m. (ET), to discuss issues related to the disclosure
statement and plan of reorganization filed by Maxus Energy
Corporation, et al.

The hearing to consider approval of the Disclosure Statement and
the solicitation motion, previously scheduled for March 7, 2017,
has been adjourned to April 7, 2017, at 10:00 a.m. (ET).

Jeff Montgomery, writing for Bankruptcy Law360, reports that the
Court granted the request of the unsecured creditors to postpone
action on the Disclosure Statement pending negotiations on a
committee-designed financing and reorganization alternative.

Law360 relates that the plan proposal would potentially put
Occidental Chemical Corp. in place of Maxus' Argentine parent, YPF
SA, as supplier of debtor-in-possession and exit financing.

                 About Maxus Energy Corporation

Maxus Energy Corporation and four of its subsidiaries filed
voluntary petitions for reorganization under Chapter 11 (Bankr. D.
Del., Case No. 16-11501) on June 17, 2016.  The Debtors intend to
use the breathing spell afforded by the Bankruptcy Code to decide
whether their existing environmental remediation operations and oil
and gas operations can be restructured as a sustainable,
stand-alone enterprise.

The Debtors have engaged Young Conaway Stargatt & Taylor, LLP as
local counsel, Morrison & Foerster LLP as general bankruptcy
counsel, Zolfo Cooper, LLC as financial advisor and Prime Clerk LLC
as claims and noticing agent, all are subject to the Bankruptcy
Court's approval.

The Debtors hired Keen-Summit Capital Partners LLC as real estate
broker.  The Debtors also engaged Hilco Steambank to market and
sell their internet protocol numbers and other internet number
resources, and EnergyNet.com to market and sell the Debtors'
rights, title, and interest in and to the oil and gas properties.

On July 7, 2016, the United States Trustee for the District of
Delaware filed Notice of Appointment of Committee of Unsecured
Creditors. The Committee selected Schulte Roth & Zabell LLP as
counsel, and Cole Schotz as Delaware co-counsel. Berkeley Research
Group, LLC, serves as financial advisor for the Committee.

Andrew Vara, acting U.S. Trustee for Region 3, appointed the
following to a committee of retirees: John Leslie Jackson, Sr.,
Gerald G. Carlton, and Robert E. Garbesi.  The Retirees Committee
retained Akin Gump Strauss Hauer & Feld LLP as counsel and Ashby &
Geddes, P.A., as co-counsel.


MCDONALD BUILDING: April 18 Plan Confirmation Hearing
-----------------------------------------------------
Judge Madeleine C. Wanslee of the U.S. Bankruptcy Court for the
District of Arizona entered a stipulated order approving the
disclosure statement explaining McDonald Building LLC's first
amended plan of liquidation and scheduled for April 18, 2017, the
hearing to consider confirmation of the Plan.

The Court held a hearing on the Disclosure Statement on February 7.
The Debtor and the Merriman Parties -- Miller McDonald LLC and
PMTB Investments, LLC -- exchanged supplements to the Disclosure
Statement.  The Court, having considered the Disclosure Statement,
the Supplements, and the arguments of counsel at the February 7
Hearing, concluded that the Disclosure Statement provides adequate
information to all creditors and parties-in-interest with respect
to the Plan.

The Troubled Company Reporter previously reported that there are no
impaired classes of claims or interests under the Plan.  The
holders of Class 3 Allowed Unsecured Claims will be paid in full on
the on the later of the Effective Date or the allowance of the
Claim.  Class 3 Unsecured Claims are unimpaired pursuant to the
Plan, and votes to accept or reject the Plan will not be solicited
from holders of Class 3 Allowed Secured Claims.

If and to the extent necessary, the holders of the Equity Interests
of the Debtor will contribute on the Effective Date the sequestered
rental amounts from the segregated account.  The Property -- the
Debtor's 50% Tenant In Common Interest in the commercial real
property located at 7595 East McDonald Boulevard, Scottsdale,
Arizona -- will be sold by the 363 Sale and the holders of Allowed
Claims will be paid from the Net Proceeds of the 363 Sale.

The Reorganized Debtor will continue to be managed by Ceasar A.
Perez.

A full-text copy of the Disclosure Statement dated January 5, 2017,
is available at http://bankrupt.com/misc/azb16-10430-82.pdf

                     About McDonald Building

McDonald Building, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-10430) on September
9,
2016. The petition was signed by Ceasar A. Perez, manager.  At the
time of the filing, the Debtor estimated its assets and debts at
$1
million to $10 million.

Diamond Storage Investments, LLC, filed a Chapter 11 petition
(Bankr. D. Ariz. Case No. 16-10708) on September 16, 2016, and is
represented by Janel M. Glynn, Esq., at Gallagher & Kennedy.


MCNEILL GROUP: Provident Bank to Get $500 for 6 Mos. & Atty Fees
----------------------------------------------------------------
McNeill Group, Inc., filed with the U.S. Bankruptcy Court for the
Eastern District of Pennsylvania a first amended disclosure
statement dated March 1, 2017, referring to the Debtor's plan of
reorganization.

Class 4 Provident Bank's Unsecured Claim is impaired by the Plan.
Provident will be entitled to a claim equal to all attorneys' fees
and expenses which amount is estimated at $200,000.  Commencing on
the Effective Date, Provident will receive $500 a month for the
first six months, then $1,500 a month thereafter until the
Provident Attorney Fee Claim is paid in full.  Once the Provident
Attorney Fee Claim has been paid in full, the Provident Payments
will be applied to the Provident Claim until that claim is paid in
full.

Class 5, which consists of the equity interests of the Debtor, is
impaired.  All existing interests will be retained by the current
holders of the interests.  Holders of Class 5 claims will not
receive a distribution until the holders of the claims in Classes
2, 3 and 4 are paid in full.

The Plan will be funded through the Debtor's ongoing operations.

A copy of the First Amended Disclosure Statement is available at:

         http://bankrupt.com/misc/paeb16-14943-229.pdf

As reported by the Troubled Company Reporter on Nov. 30, 2016, the
Debtor filed with the Court a motion for an order approving the
Debtor's disclosure statement related to the Debtor's plan of
reorganization.  Holders of Class 3 Unsecured Claims would be paid
a total amount of $316,005.69, by distributing $5,267 on a pro rata
basis, monthly, for 60 months commencing on the Effective Date.  

                       About McNeill Group

McNeill Group, Inc., and McNeill Properties V, LLC, filed Chapter
11 petitions (Bankr. E.D. Pa. Lead Case No. 16-14943) on July 12,
2016.  The petitions were signed by Edward J. McNeill, Jr.,
president.

The Debtors are represented by Albert A. Ciardi, III, Esq., at
Ciardi Ciardi & Astin, P.C.  The cases are assigned to Judge Jean
FitzSimon (16-14943) and Judge Ashely M. Chan (16-14944).

The Debtors each estimated assets and liabilities of $10 million to
$50 million at the time of the filing.

No official committee of unsecured creditors has been appointed in
the case.


MCNEILL PROPERTIES: Lawrence Township to Get $5K a Month for 2 Yrs.
-------------------------------------------------------------------
McNeill Properties V, LLC, filed with the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania a second amended disclosure
statement dated March 1, 2017, referring to the Debtor's plan of
reorganization.

Class 2, which consists of the real estate taxes due and owing to
Lawrence Township for the real property at 4152 Quakerbridge Road,
Lawrenceville, New Jersey, is impaired by the Plan.  As of the
Petition Date, the Class 2 Claim was $116,463.73.  Commencing on
the Effective Date, the Class 2 claimant will receive 24 equal
monthly payments of $5,317 in full settlement, satisfaction,
release and discharge of the real estate tax claim.

The Plan will be funded through the Debtor's ongoing operations.

A copy of the Second Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/paeb16-14944-178.pdf

As reported by the Troubled Company Reporter on Dec. 26, 2016, the
Debtor filed with the Court a first amended disclosure statement
dated Dec. 12, 2016, referring to the Debtor's plan of
reorganization.  Under that plan, Class 3 - Secured Claim of
Premier Construction Group, Inc., and all Mechanic's Lien Claim
Holders would be impaired.  Per the settlement stipulation entered
into by the parties on Dec. 7, 2016, the treatment and
consideration to be received by Class 3 would be in full
settlement, satisfaction, release and discharge of their respective
secured claims.  The Class 3 Claim would be set at $428,391.18.
Payments on the Mechanic's Lien Claims Amount would be based on a
25-year amortization schedule commencing the first day of the first
calendar month after the Effective Date and continuing for 60
months with interest accruing at 4%.  All remaining amounts due
under the Mechanic's Lien Claims Amount would be paid on the 61st
month following the Effective Date.

                   About McNeill Properties V

McNeill Group, Inc., and McNeill Properties V, LLC, filed Chapter
11 petitions (Bankr. E.D. Pa. Case Nos. 16-14943 and 16-14944) on
July 12, 2016.  The petitions were signed by Edward J. McNeill,
Jr., president.

The Debtors are represented by Albert A. Ciardi, III, Esq., at
Ciardi Ciardi & Astin, P.C.  The cases are assigned to Judge Jean
FitzSimon (16-14943) and Judge Ashely M. Chan (16-14944).

The Debtors each estimated assets and liabilities of $10 million
to $50 million at the time of the filing.


METROPOLITAN INDUSTRIAL: Hearing on Plan Disclosures Set for June 7
-------------------------------------------------------------------
The Hon. Mildred Caban Flores of the U.S. Bankruptcy Court for the
District of Delaware will hold a hearing on June 7, 2017, at 9:00
a.m. to consider the approval of Metropolitan Industrial Food
Services, Inc.'s disclosure statement referring to the Debtor's
plan of reorganization.

Objections to the Disclosure Statement must be filed not less than
14 days prior to the hearing.

The Debtor will give notice of this court order to all creditors
and parties in interest and file a certificate of service within
fourteen 14 days from the March 1, 2017 notice of this order.

Headquartered in San Juan, Puerto Rico, Metropolitan Industrial
Food Services, Inc., filed for Chapter 11 bankruptcy protection
(Bankr. D. P.R. Case No. 15-08302) on Oct. 23, 2015, listing $2.09
million in total assets and $4.62 million in total liabilities.
The petition was signed by Josue V. Navarro, president.

Judge Edward A Godoy presides over the case.

Alexis Fuentes Hernandez, Esq., at Alexis Fuentes-Hernandez serves
as the Debtor's bankruptcy counsel.


MF GLOBAL: Corzine Blames "Loss of Confidence" for Crash
--------------------------------------------------------
Bob Van Voris and Chris Dolmetsch, writing for Bloomberg News,
reported that Jon Corzine, who was summoned to the witness stand on
March 9, 2017, in MF Global Holdings Ltd.'s malpractice lawsuit
against PricewaterhouseCoopers LLP, said it was a turn in market
sentiment, and not his own flawed management, that led to the
collapse of the trading firm he once ran.

"There was a loss of confidence and trust in the organization after
our earnings were announced and credit agencies downgraded us in
the last week of October 2011," Mr. Corzine, according to the
report.

Corzine, 70, has served as governor of New Jersey, a U.S. senator
and co-chairman of Goldman Sachs Group Inc., but it now falls to a
New York jury to decide whether Corzine or PwC was responsible for
MF Global's failure, the report related.  He took the helm at MF
Global in March 2010 and ran it for just more than 1-1/2 years
before it collapsed, the report noted.  The PwC trial may be the
last word on who's to blame for the meltdown, the report said.

The report related that under friendly questioning by an MF Global
attorney, Mr. Corzine told jurors of his plan to remake MF Global
into a profitable company by modernizing its futures trading,
building a full-service broker-dealer business, adding asset
management and investment banking functions, and increasing the
firm's proprietary trading.

According to Mr. Corzine, there was "a sense of distrust by some in
the marketplace" about MF Global's position in the European bonds,
which helped contribute to the company's collapse.  "If the
marketplace had understood we had not lost money on these European
sovereign bonds, we would be in a much more secure position."

The report noted that Mr. Corzine didn't directly address the
central claim of MF Global's administrator -- that PwC failed as
auditor.  PwC says its accounting advice was correct and that it
was Corzine's decisions that led to the firm’s collapse, the
report noted.

The case is CFTC v. MF Global Holdings, 11-cv-07866, U.S. District
Court, Southern District of New York (Manhattan).

                         About MF Global

New York-based MF Global -- http://www.mfglobal.com/-- was one of

the world's leading brokers of commodities and listed derivatives.

MF Global provides access to more than 70 exchanges around the
world.  The firm also was one of 22 primary dealers authorized to
trade U.S. government securities with the Federal Reserve Bank of
New York.  MF Global's roots go back nearly 230 years to a sugar
brokerage on the banks of the Thames River in London.

On Oct. 31, 2011, MF Global Holdings Ltd. and MF Global Finance
USA Inc. filed voluntary Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 11-15059 and 11-5058), after a planned sale to
Interactive Brokers Group collapsed.  As of Sept. 30, 2011, MF
Global had $41,046,594,000 in total assets and $39,683,915,000 in
total liabilities.

On Nov. 7, 2011, the United States Trustee appointed the statutory
creditors' committee in the Debtors' cases.  At the behest of the
Statutory Creditor's Committee, the Court directed the U.S.
Trustee to appoint a chapter 11 trustee.  On Nov. 28, 2011, the
Bankruptcy Court entered an order approving the appointment of
Louis J. Freeh, Esq., of Freeh Group International Solutions, LLC,
as Chapter 11 trustee.

On Dec. 19, 2011, MF Global Capital LLC, MF Global Market Services
LLC and MF Global FX Clear LLC filed voluntary Chapter 11
petitions (Bankr. S.D.N.Y. Case Nos. 11-15808, 11-15809 and
11-15810).  On Dec. 27, the Court entered an order installing Mr.
Freeh as Chapter 11 Trustee of the New Debtors.

On March 2, 2012, MF Global Holdings USA Inc. filed a voluntary
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 12-10863), and Mr.
Freeh also was installed as its Chapter 11 Trustee.

Judge Honorable Martin Glenn presides over the Chapter 11 case.
J. Gregory Milmoe, Esq., Kenneth S. Ziman, Esq., and J. Eric
Ivester, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, serve
as bankruptcy counsel.  The Garden City Group, Inc., serves as
claims and noticing agent.  The petition was signed by Bradley I.
Abelow, Executive Vice President and Chief Executive Officer of MF
Global Finance USA Inc.

The Chapter 11 Trustee has tapped (i) Freeh Sporkin & Sullivan
LLP, as investigative counsel; (ii) FTI Consulting Inc., as
restructuring advisors; (iii) Morrison & Foerster LLP, as
bankruptcy counsel; and (iv) Pepper Hamilton as special counsel.

The Official Committee of Unsecured Creditors has retained
Capstone Advisory Group LLC as financial advisor, while lawyers at
Proskauer Rose LLP serve as counsel.

The Securities Investor Protection Corporation commenced
liquidation proceedings against MF Global Inc. to protect
customers.  James W. Giddens was appointed as trustee pursuant to
the Securities Investor Protection Act.  He is a partner at Hughes
Hubbard & Reed LLP in New York.

Jon Corzine, the former New Jersey governor and co-CEO of
Goldman Sachs Group Inc., stepped down as chairman and chief
executive officer of MF Global just days after the bankruptcy
filing.

In April 2013, the Bankruptcy Court approved MF Global Holdings'
plan to liquidate its assets.  Bloomberg News reported that the
court-approved disclosure statement initially told
creditors with $1.134 billion in unsecured claims against the
parent holding company why they could expect a recovery of 13.4%
to 39.1% from the plan.  As a consequence of a settlement with
JPMorgan, supplemental materials informed unsecured creditors
their recovery was reduced to the range of 11.4% to 34.4%.  Bank
lenders will have the same recovery on their $1.174 billion claim
against the holding company.  As a consequence of the settlement,
the predicted recovery became 18% to 41.5% for holders of $1.19
billion in unsecured claims against the finance subsidiary,
one of the companies under the umbrella of the holding company
trustee.  Previously, the predicted recovery was 14.7% to 34% on
bank lenders' claims against the finance subsidiary.


MF GLOBAL: Didn't Lose Money on European Bonds, William Gorta Says
------------------------------------------------------------------
MF Global never lost money on the $6.3 billion in European
sovereign bonds long blamed for its collapse, William Gorta,
writing for Bankruptcy Law360, reports, citing Jon S. Corzine, the
former New Jersey governor and U.S. senator who presided over the
Debtor's demise.

Law360 recalls that the Debtor filed a malpractice lawsuit against
PricewaterhouseCoopers, claiming that PwC botched its auditing of
the Debtor's financial reports and stoked investor fears that drove
the firm to collapse.  The Debtor told the New York federal court
that PwC destroyed the credibility of the Debtor in the
marketplace, killing the company and causing $2 billion in
damages.

                         About MF Global

New York-based MF Global -- http://www.mfglobal.com/-- was one of

the world's leading brokers of commodities and listed derivatives.

MF Global provides access to more than 70 exchanges around the
world.  The firm also was one of 22 primary dealers authorized to
trade U.S. government securities with the Federal Reserve Bank of
New York.  MF Global's roots go back nearly 230 years to a sugar
brokerage on the banks of the Thames River in London.

On Oct. 31, 2011, MF Global Holdings Ltd. and MF Global Finance
USA Inc. filed voluntary Chapter 11 petitions (Bankr. S.D.N.Y.
Case Nos. 11-15059 and 11-5058), after a planned sale to
Interactive Brokers Group collapsed.  As of Sept. 30, 2011, MF
Global had $41,046,594,000 in total assets and $39,683,915,000 in
total liabilities.

On Nov. 7, 2011, the United States Trustee appointed the statutory
creditors' committee in the Debtors' cases.  At the behest of the
Statutory Creditor's Committee, the Court directed the U.S.
Trustee to appoint a chapter 11 trustee.  On Nov. 28, 2011, the
Bankruptcy Court entered an order approving the appointment of
Louis J. Freeh, Esq., of Freeh Group International Solutions, LLC,
as Chapter 11 trustee.

On Dec. 19, 2011, MF Global Capital LLC, MF Global Market Services
LLC and MF Global FX Clear LLC filed voluntary Chapter 11
petitions (Bankr. S.D.N.Y. Case Nos. 11-15808, 11-15809 and
11-15810).  On Dec. 27, the Court entered an order installing Mr.
Freeh as Chapter 11 Trustee of the New Debtors.

On March 2, 2012, MF Global Holdings USA Inc. filed a voluntary
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 12-10863), and Mr.
Freeh also was installed as its Chapter 11 Trustee.

Judge Honorable Martin Glenn presides over the Chapter 11 case.
J. Gregory Milmoe, Esq., Kenneth S. Ziman, Esq., and J. Eric
Ivester, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, serve
as bankruptcy counsel.  The Garden City Group, Inc., serves as
claims and noticing agent.  The petition was signed by Bradley I.
Abelow, Executive Vice President and Chief Executive Officer of MF
Global Finance USA Inc.

The Chapter 11 Trustee has tapped (i) Freeh Sporkin & Sullivan
LLP, as investigative counsel; (ii) FTI Consulting Inc., as
restructuring advisors; (iii) Morrison & Foerster LLP, as
bankruptcy counsel; and (iv) Pepper Hamilton as special counsel.

The Official Committee of Unsecured Creditors has retained
Capstone Advisory Group LLC as financial advisor, while lawyers at
Proskauer Rose LLP serve as counsel.

The Securities Investor Protection Corporation commenced
liquidation proceedings against MF Global Inc. to protect
customers.  James W. Giddens was appointed as trustee pursuant to
the Securities Investor Protection Act.  He is a partner at Hughes
Hubbard & Reed LLP in New York.

Jon Corzine, the former New Jersey governor and co-CEO of
Goldman Sachs Group Inc., stepped down as chairman and chief
executive officer of MF Global just days after the bankruptcy
filing.

In April 2013, the Bankruptcy Court approved MF Global Holdings'
plan to liquidate its assets.  Bloomberg News reported that the
court-approved disclosure statement initially told
creditors with $1.134 billion in unsecured claims against the
parent holding company why they could expect a recovery of 13.4%
to 39.1% from the plan.  As a consequence of a settlement with
JPMorgan, supplemental materials informed unsecured creditors
their recovery was reduced to the range of 11.4% to 34.4%.  Bank
lenders will have the same recovery on their $1.174 billion claim
against the holding company.  As a consequence of the settlement,
the predicted recovery became 18% to 41.5% for holders of $1.19
billion in unsecured claims against the finance subsidiary,
one of the companies under the umbrella of the holding company
trustee.  Previously, the predicted recovery was 14.7% to 34% on
bank lenders' claims against the finance subsidiary.


MICHIGAN SPORTING: Taps Rust Consulting as Claims Agent
-------------------------------------------------------
Michigan Sporting Goods Distributors, Inc. seeks approval from the
U.S. Bankruptcy Court for the Western District of Michigan to hire
Rust Consulting/Omni Bankruptcy as claims and noticing agent.

The services to be provided by the firm include overseeing the
distribution of notices, and the processing and docketing of proofs
of claim filed in the Debtor's Chapter 11 case.

The hourly rates charged by the firm are:

     Clerical Support            $26.25 - $37.50
     Project Specialist          $48.75 - $63.75
     Project Supervisor          $63.75 - $78.75
     Consultant                 $78.75 - $105.00
     Technology/Programming     $82.50 - $123.75    
     Senior Consultant         $131.25 - $146.25
     Equity Services                     $168.75

Paul Deutch, executive managing director of Rust Consulting,
disclosed in a court filing that the firm is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Paul H. Deutch
     Rust Consulting/Omni Bankruptcy
     16501 Ventura Boulevard, Suite 440
     Encino, CA 91436

                  About Michigan Sporting Goods

Michigan Sporting Goods Distributors, Inc. is a retail sporting
goods chain based in Grand Rapids, Michigan.

The Debtor filed a Chapter 11 petition (Bankr. W.D. Mich. Case No.
17-00612) on Feb. 14, 2017.  The petition was signed by Bruce
Ullery, president and chief executive officer.  Judge John T. Gregg
presides over the case.  

Robert Michael Azzi, Esq., Stephen B. Grow, Esq., and Elisabeth M.
Von Eitzen, Esq., at Warner Norcross & Judd LLP, serve as
bankruptcy counsel to the Debtor.  The Debtor hired Berkeley
Research Group, LLC as financial advisor.

In its petition, the Debtor estimated $50 million to $100 million
in both assets and liabilities.

No trustee, examiner or committee has been appointed in the case.


MODERN OFFICE SYSTEMS: Hearing on Plan Outline Set for April 20
---------------------------------------------------------------
The Hon. Edward A Godoy of the U.S. Bankruptcy Court for the
District of Puerto Rico will hold on April 20, 2017, at 9:30 a.m. a
hearing to consider the approval of the disclosure statement filed
by Modern Office Systems Inc. and Luis Vargas Rodriguez, the
Debtor's president, referring to the plan of reorganization.

Objections to the Disclosure Statement must be filed on or before
14 days prior to the hearing.

The Debtor will give notice of this court order to all creditors
and parties-in-interest and file a certificate of service within 14
days from the March 1, 2017 notice of this court order.

Luis A. Vargas and his ex-wife own 50% each of the outstanding
stock of Modern Office Systems, Inc.  The corporation is engaged in
the sale of furniture and office equipment since 1987.

Class 3 - General Unsecured Claims in the total amount of
$7,858,293.56 are impaired.  The Plan will distribute $235,750
pro-rata among all unsecured creditors from the effective date of
the Plan in monthly installments of $2,768 per month for 96 months
after the payments to secured creditors are completed.  Until Mr.
Vargas begins paying the unsecured creditors, he will distribute
$590 in interest to unsecured creditors.  The proposal includes 3%
present rate interest per annum, for a total payout of $256,728.

Payments and distributions under the Plan will be funded from the
Debtor's postpetition income from the operation of the business.

A full-text copy of the Disclosure Statement dated February 28,
2017, is available at:

           http://bankrupt.com/misc/prb16-00812-95.pdf

                   About Modern Office Systems

Modern Office Systems Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D.P.R. Case No. 15-09655) on December
4, 2015.  

On April 29, 2016, the court granted the substantive consolidation
of Modern Office Systems' case with the Chapter 11 case (Case No.
16-00812) of Luis Vargas Rodriguez, president of the company.


MONAKER GROUP: Obtains $1.5 Million from Units Sale
---------------------------------------------------
From Feb. 6, 2017, to March 10, 2017, Monaker Group, Inc., raised
$1,550,000 from the sale of 775,000 units, each consisting of one
share of common stock and one warrant to purchase one share of
common stock, to fourteen accredited investors in a private
offering, at $2 per Unit.  Investors in the offering included an
entity owned by Don Monaco, the Company's director (100,000 Units
for $200,000), and Robert J. Post, the Company's director (50,000
Units for $100,000).  The warrants have an exercise price of $2.00
per share and a term of three years, and include no cashless
exercise rights.

                     About Monaker Group

Monaker Group, Inc. (OTCMKTS: MKGI), formerly known as Next 1
Interactive, Inc., is a digital media marketing company focusing on
lifestyle enrichment for consumers in the travel, home and
employment sectors.  Core to its marketing services are key
elements including proprietary video-centered technology and
established partnerships that enhance its reach.  Video is quickly
becoming consumer's preferred method of searching and educating
themselves prior to purchases.  Monaker's video creation technology
and film libraries combine to create lifestyle video offerings that
can be shared both to its customers and through trusted
distribution systems of its major partners.  The end result is
better engagement with consumers who gain in-depth information on
related products and services helping to both inform and fulfill
purchases.  Unlike traditional marketing companies that simply
charge for advertising creation, Monaker holds licenses and/or
expertise in the travel, real estate and employment sectors
allowing it to capture fees at the point of purchase while the
majority of transactions are handled by Monaker's partners.  This
should allow the company to capture greater revenues while
eliminating much of the typical overhead associated with
fulfillment.  Monaker core holdings include Maupintour,
NameYourFee.com, RealBiz Media Group - helping it to
deliver marketing solutions to consumers at home, work and play.

Monaker Group reported a net loss of $4.55 million on $544,700 of
total revenues for the year ended Feb. 29, 2016, compared to a net
loss of $2.98 million on $1.09 million of total revenues for the
year ended Feb. 28, 2015.

As of Nov. 30, 2016, Monaker Group had $2.54 million in total
assets, $2.84 million in total liabilities and a total
stockholders' deficit of $306,327.

LBB & Associates Ltd., LLP, in Houston, Texas, in its report on the
consolidated financial statements for the year ended Feb. 29, 2016,
raised substantial doubt about the Company's ability to continue as
a going concern.


MSES CONSULTANTS: Hires McNeer Highland as Special Counsel
----------------------------------------------------------
MSES Consultants, Inc., seeks authority from the U.S. Bankruptcy
Court for the Northern District of West Virginia to employ McNeer
Highland McMunn and Varner, L.C. as special counsel to the Debtor.

MSES Consultants requires McNeer Highland to:

   a. bring an adversary or other civil action against Blackwood
      Associates, Inc., regarding lack of payment for work
      performed and loans; and

   b. negotiate settlement or institute and prosecute a suit
      either in the Bankruptcy Court or other court of competent
      jurisdiction against Blackwood.

McNeer Highland will be paid a contingency fee of 25% of the gross
proceeds if the claim was resolved pre-suit, 33 1/3% of the gross
proceeds if resolved post-filing of the suit, and 40% of the gross
proceeds if resolved after an appeal has been filed.

The Debtor owed McNeer Highland the amount of $130,000, however
such amount has not been submitted for approval to the Bankruptcy
Court.

McNeer Highland will also be reimbursed for reasonable
out-of-pocket expenses incurred.

James A. Varner, partner of McNeer Highland McMunn and Varner,
L.C., assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtor and its
estates.

McNeer Highland can be reached at:

     James A. Varner, Esq.
     MCNEER, HIGHLAND, MCMUNN AND VARNER, L.C.
     Post Office Drawer 2040
     Clarksburg, WV 26302-2040
     Tel: (304) 626-1119
     Fax: (304) 623-3035
     E-mail: rrmarsh@wvlawyers.com

              About MSES Consultants, Inc.

Headquartered in Clarksburg, West Virginia, MSES Consultants, Inc.,
filed for Chapter 11 bankruptcy protection (Bankr. N.D. W.Va. Case
No. 15-01204) on Dec. 14, 2015, estimating its assets at between
$50,000 and $100,000 and liabilities at between $1 million and $10
million. The petition was signed by Lawrence M Rine, president.

Judge Patrick M. Flatley presides over the case.

Richard R. Marsh, Esq., at McNeer, Highland, McMunn And Varner, LC,
serves as the Debtor's bankruptcy counsel.


NAKED BRAND: Enters Into Second Amendment to Bendon LOI
-------------------------------------------------------
Naked Brand Group Inc. has entered into Amendment No. 2 to the
Letter of Intent, dated Dec. 19, 2016, as amended on Feb. 10, 2017,
entered into by Naked and Bendon Limited in connection with the
previously announced proposed business combination.

As contemplated by the Amendment, Naked will now merge with and
into a wholly-owned subsidiary of a newly formed Australian holding
company which will be the ultimate parent company of Bendon and
Naked.  The Amendment further contemplates that, upon consummation
of the Merger, NewCo will issue to the current holders of the
outstanding capital stock of Bendon an aggregate of 118,812,163
ordinary shares of NewCo, subject to adjustment, and issue to Naked
an amount of ordinary shares of NewCo equal to the number of shares
of outstanding common stock of Naked immediately prior to the
Merger, and as of the effective time of the Merger, no other shares
of NewCo will be outstanding.  Prior to the closing of the Merger,
NewCo's shares must be approved for listing on the Nasdaq Capital
Market.

Further, the Amendment (i) extends the date by which the parties
will have entered a definitive agreement regarding the Business
Combination before certain penalties may be incurred from
March 10, 2017 to April 10, 2017; and (ii) amends certain other
terms and conditions of the LOI. Except as amended by the
Amendment, the material terms of the LOI remain in full force and
effect.

Completion of the Merger remains subject to the negotiation of a
definitive merger agreement, satisfaction of the conditions
negotiated therein and approval of the Merger by the Company's
stockholders.  Accordingly, there can be no assurance that a Merger
Agreement will be entered into or that the proposed Merger will be
consummated.  Further, readers are cautioned that those portions of
the LOI, as amended, that describe the proposed Merger, including
the consideration to be issued therein, are non-binding.

                     About Bendon Limited

Bendon claims to be a global leader in intimate apparel and
swimwear renowned for its best in category innovation in design,
and technology and unwavering commitment to premium quality
products throughout its 70-year history.  Bendon has a portfolio of
10 highly productive brands, including owned brands Bendon, Bendon
Man, Davenport, Evollove, Fayreform, Hickory, Lovable (in Australia
and New Zealand) and Pleasure State, as well as licensed brands
Heidi Klum Intimates and Swimwear and Stella McCartney Lingerie and
Swimwear.

In October 2014 Bendon announced supermodel and television host
Heidi Klum as the creative director and face of Bendon's flagship
Intimates collection, succeeding Elle Macpherson after 25 years
with the brand.  Bendon products are distributed through over 4,000
doors across 34 countries as well as through a growing network of
60 company-owned Bendon retail and outlet stores in Australia, New
Zealand and Ireland.  Bendon's global supply chain is one of its
strongest assets, controlling sourcing, manufacturing and
production at over 30 partner facilities across Asia.  Bendon has
more than 700 staff at offices and stores in Auckland, Sydney, New
York, London and Hong Kong and is poised for continued meaningful
growth as it opens additional retail stores and expands its current
portfolio of products. http://www.bendongroup.com/

                      About Naked Brand

Naked Brand Group Inc. designs, manufactures, and sells men's
innerwear and lounge apparel products in the United States and
Canada.  It offers various innerwear products, including trunks,
briefs, boxer briefs, undershirts, T-shirts, and lounge pants
under the Naked brand, as well as under the NKD sub-brand for men.
The company sells its products to consumers and retailers through
wholesale relationships and direct-to-consumer channel, which
consists of an online e-commerce store, thenakedshop.com.  Naked
Brand Group Inc. is based in New York.

Naked Brand reported a net loss of US$19.06 million on US$1.38
million of net sales for the year ended Jan. 31, 2016, compared to
a net loss of US$21.07 million on US$557,000 of net sales for the
year ended Jan. 31, 2015.

As of July 31, 2016, Naked Brand had US$2.99 million in total
assets, US$1.44 million in total liabilities and US$1.55 million in
total stockholders' equity.

BDO USA, LLP, in New York, NY, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Jan. 31, 2016, noting that the Company incurred a net loss of
$19,063,399 for the year ended Jan. 31, 2016, and the Company
expects to incur further losses in the development of its business.
This condition raises substantial doubt about the Company's
ability to continue as a going concern, the auditors said.


NEIMAN MARCUS: Bank Debt Trades at 19% Off
------------------------------------------
Participations in a syndicated loan under Neiman Marcus Group Inc
is a borrower traded in the secondary market at 80.77
cents-on-the-dollar during the week ended Friday, March 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.88 percentage points from the
previous week.  Neiman Marcus pays 300 basis points above LIBOR to
borrow under the $2.9 billion facility. The bank loan matures on
Oct. 16, 2020 and carries Moody's B2 rating and Standard & Poor's
CCC+ rating.  The loan is one of the biggest gainers and losers
among 247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended March 3.




NEOVASC INC: Trading on Toronto Stock Exchange Under 'NVCN' Symbol
------------------------------------------------------------------
Neovasc Inc. announced that effective at the opening of trading on
Monday, March 13, 2017, its shares commenced trading on the Toronto
Stock Exchange under the symbol NVCN.

Following this change, the Company's TSX and Nasdaq Stock Market
symbols will be the same.  No action is required to be taken by
current shareholders in connection with the change.

                   About Neovasc Inc.

Neovasc Inc. (CVE:NVC) -- http://www.neovasc.com/-- is a Canadian
specialty medical device company that develops, manufactures and
markets products for the rapidly growing cardiovascular
marketplace.  Its products in development include the Tiara, for
the transcatheter treatment of mitral valve disease and the Neovasc
Reducer for the treatment of refractory angina.  The Company also
sells a line of advanced biological tissue products that are used
as key components in third-party medical products including
transcatheter heart valves.

Neovasc reported a net loss of US$26.73 million for the year ended
Dec. 31, 2015, compared to a net loss of US$17.17 million for the
year ended Dec. 31, 2014.

As of Sept. 30, 2016, Neovasc had US$33.83 million in total assets,
US$93.45 million in total liabilities, and a total deficit of
US$59.61 million.


NEPHROGENEX INC: New Plan Ups Unsecureds' Recovery to 46.4%
-----------------------------------------------------------
A hearing will be held on March 27, 2017, at 2:30 p.m. (Eastern
Time), to consider approval of the disclosure statement explaining
NephroGenex, Inc.'s plan of reorganization.  Objections to the
Disclosure Statement are due March 20.

The Court has scheduled a hearing to consider confirmation of the
Plan for May 10, 2017, at 10:00 a.m. (Eastern Time).  Objections,
if any, to confirmation of the Plan must be served on or before
April 27.

Holders of Class 3 - General Unsecured Claims will recover an
estimated 46.4% to 50.4% under the reorganization plan.

As previously reported by the Troubled Company Reporter, the
Debtor, in December 2016, filed a Chapter 11 plan of liquidation as
a result of the sale and marketing process having elicited no
qualified bids and in an effort to move the Chapter 11 case quickly
forward toward a conclusion.  Under the Liquidating Plan, the
Debtor's unsecured creditors would receive distributions equal to
26.8% to 37.1% of the allowed amounts of their claims.

In early January, several weeks after filing the Liquidating Plan,
the Debtor received a draft plan term sheet from Medpace, Inc.,
that contemplated a restructuring of the Debtor through a Chapter
11 plan.  After several weeks of good faith, arm's-length
negotiations, the Debtor and Medpace agreed upon the material terms
of the Plan.  Medpace has agreed to waive its Cash Distribution
under the Plan and exchange its General Unsecured Claim against the
Debtor in the amount of $4,312,698.51 for 100% of the New Common
Stock in the Reorganized Debtor.  The Medpace Claim is by far the
largest Claim against the Debtor's estate and comprises at least
65% of the pool of General Unsecured Claims.  As a result of the
contemplated restructuring under the Plan, Holders of Allowed
General Unsecured Claims are projected to receive a 46.4% to 50.4%
recovery on their Claims -- which, according to the Debtor, is a
material improvement over the projected recovery under the Debtor's
Liquidating Plan.

The Debtors' counsel filed a notice with the Court stating that the
Chapter 11 Plan of Liquidation and Disclosure Statement, each filed
on December 16, 2016, are withdrawn.

A full-text copy of the Disclosure Statement dated February 17,
2017, is available at:

       http://bankrupt.com/misc/deb16-11074-319.pdf

                  About NephroGenex, Inc.

Raleigh, N.C.-based NephroGenex, Inc., is a drug development
company that focuses on developing novel therapies for kidney
disease.  It develops Pyridorin (pyridoxamine dihydrochoride), a
therapeutic agent, which is in Phase III clinical study for the
treatment of diabetic nephropathy.

NephroGenex filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 16-11074) on April 30, 2016, disclosing $4.9 million
in total assets and $6.2 million in total debt as of April 30,
2016.  The petition was signed by John P. Hamill, chief
executive officer and chief financial officer.

David R. Hurst, Esq., at Cole Scotz P.C. serves as the Debtor's
bankruptcy counsel.  Cassel Salpeter & Co. LLC is the Debtor's
investment banker and financial advisor.  Kurtzman Carson
Consultants LLC is the Debtor's claims and noticing agent.


NEPHROGENEX: Court Extends Plan Filing Deadline Through May 31
--------------------------------------------------------------
The Honorable Kevin Gross in Delaware granted Nephrogenex Inc. an
extension of its exclusive plan filing period through May 31,
2017.

As previously reported by The Troubled Company Reporter, the Debtor
has informed the Court of a draft plan term sheet from Medpace Inc.
that contemplated a restructuring of the Debtor through a plan of
reorganization. This Plan of Reorganization contemplates Medpace
waiving its cash distribution and exchanging its unsecured claim
against the Debtor in the amount of $4,312,699 for 100% of the
newly-issued equity in the reorganized Debtor.

The Debtor contends that the Medpace Claim is by far the largest
claim against its estate and comprises at least 65% of the
unsecured claims pool. The Debtor believes that its unsecured
creditors will receive a greater recovery on their claim on the
contemplated restructuring than what has been anticipated under the
Liquidating Plan.

                  About NephroGenex, Inc.

Raleigh, N.C.-based NephroGenex, Inc., is a drug development
company that focuses on developing novel therapies for kidney
disease.  It develops Pyridorin (pyridoxamine dihydrochoride), a
therapeutic agent, which is in Phase III clinical study for the
treatment of diabetic nephropathy.

NephroGenex filed for Chapter 11 bankruptcy protection (Bankr. D.
Del. Case No. 16-11074) on April 30, 2016, disclosing $4.9 million
in total assets and $6.2 million in total debt as of April 30,
2016.  The petition was signed by John P. Hamill, chief executive
officer and chief financial officer.

David R. Hurst, Esq., at Cole Scotz P.C. serves as the Debtor's
bankruptcy counsel.  Cassel Salpeter & Co. LLC is the Debtor's
investment banker and financial advisor.  Kurtzman Carson
Consultants LLC is the Debtor's claims and noticing agent.

To date, no Creditors' Committee has been appointed by the Office
of the U.S. Trustee. No trustee or examiner has been appointed in
the Debtor's Chapter 11 Case.


NICK STELLEY: U.S. Trustee Forms 2-Member Committee
---------------------------------------------------
Henry Hobbs, Jr., acting U.S. trustee for Region 5, on March 10
appointed two creditors of Nick Stelly Welding, LLC, to serve on
the official committee of unsecured creditors.

The committee members are:

     (1) Marcile Staub
         AZZ, Inc.
         3100 West 7th Street, Suite 500
         Fort Worth, TX 76106
         Phone: 918-524-1503
         Email: MarcileStaub@AZZGALV.com

     (2) Dean Parsley
         Southland Electric, Inc.
         110 N. McFarlain St.
         Jennings, La. 70546

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense. They may investigate the debtor's business and financial
affairs. Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                    About Nick Stelly Welding

Nick Stelly Welding, LLC, a company based in Rayne, Louisiana,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
W. D. La. Case No. 17-50142) on February 9, 2017.  The petition was
signed by Nicholas Stelly, owner.  The case is assigned to Judge
Robert Summerhays.

At the time of the filing, the Debtor disclosed $1.78 million in
assets and $3.12 million in liabilities.


NORTEL NETWORKS: Court Cuts Over $900K From Attorneys' Fees
-----------------------------------------------------------
Rick Archer, writing for Bankruptcy Law360, reports that the Hon.
Kevin Gross of the U.S. Bankruptcy Court for the District of
Delaware has cut more than $900,000 from the attorneys' fees being
sought by the Delaware Trust Co. in Nortel Networks' Chapter 11
bankruptcy case.

Law360 relates that while Judge Gross found that most of the $8
million is justified, he cut some of the bills submitted by Dewey &
LeBoeuf LLP and Patterson Belknap Webb & Tyler LLP.

Law360 says that PointState Capital LP and Solus Alternative Asset
Management LP had asked Judge Gross to cut the fees in half, but
Judge Gross said the bills submitted by the three firms retained by
the trust -- Dewey, Patterson and Borden Ladner Gervais LLP -- were
mostly reasonable and justified.  The report recalls that
PointState Capital and Solus Alternative argued that $4 million of
Delaware Trust's fee request comes from work connected to the
official committee of unsecured creditors, the massive allocation
dispute to decide how to divide $7 billion in sale proceeds among
Nortel Networks' global units, fighting to protect its legal fees,
or other duplicative efforts, none of which benefited the
noteholders directly.

PointState Capital and Solus Alternative are represented by:

     Joanne Pileggi Pinckney, Esq.
     Seton C. Mangine, Esq.
     PINCKNEY WEIDINGER URBAN & JOYCE LLC
     3711 Kennett Pike, Suite 210
     Greenville, DE 19807
     Tel: (302) 504-1497
     Fax: (302) 442-7046
     E-mail: jpinckney@pwujlaw.com
             smangine@pwujlaw.com

          -- and --

     James C. Tecce, Esq.
     Corey Worcester, Esq.
     Daniel S. Holzman, Esq.
     QUINN EMANUEL URQUHART & SULLIVAN LLP
     51 Madison Avenue, 22nd Floor,
     New York, New York 10010
     Tel: (212) 849 7000
     Fax: (212) 849 7100
     E-mail: jamestecce@quinnemanuel.com
             coreyworcester@quinnemanuel.com
             danielholzman@quinnemanuel.com

Delaware Trust is represented by:

     Stephen M. Miller, Esq.
     Eric J. Monzo, Esq.
     MORRIS JAMES LLP
     500 Delaware Avenue, Suite 1500
     Wilmington, DE 19801
     Tel: (302) 888-6800
     Fax: (302) 571-1750
     E-mail: smiller@morrisjames.com
             emonzo@morrisjames.com

          -- and --

     Daniel A. Lowenthal, Esq.
     James V. Masella III, Esq.
     Brian P. Guiney, Esq.
     PATTERSON BELKNAP WEBB & TYLER LLP
     1133 Avenue of the Americas
     New York, NY 10036
     Tel: (212) 336-2000
     Fax: (212) 336-2222
     E-mail: dalowenthal@pbwt.com
             jmasella@pbwt.com
             bguiney@pbwt.com
  
                     About Nortel Networks

Headquartered in Ontario, Canada, Nortel Networks Corporation and
its various affiliated entities provided next-generation
technologies, for both service provider and enterprise networks,
support multimedia and business-critical applications.  Nortel did
Networks Limited was the principal direct operating subsidiary of
Nortel Networks Corporation.

On Jan. 14, 2009, Nortel Networks Inc.'s ultimate corporate parent
Nortel Networks Corporation, NNI's direct corporate parent Nortel
Networks Limited and certain of their Canadian affiliates commenced
a proceeding with the Ontario Superior Court of Justice under the
Companies' Creditors Arrangement Act (Canada) seeking relief from
their creditors.  Ernst & Young was appointed to serve as monitor
and foreign representative of the Canadian Nortel Group.  That same
day, the Monitor sought recognition of the CCAA Proceedings in U.S.
Bankruptcy Court (Bankr. D. Del. Case No. 09-10164) under Chapter
15 of the U.S. Bankruptcy Code.

That same day, NNI and certain of its affiliated U.S. entities
filed voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 09-10138).

In addition, the High Court of England and Wales placed 19 of
NNI's European affiliates into administration under the control of
individuals from Ernst & Young LLP.  Other Nortel affiliates have
commenced and in the future may commence additional creditor
protection, insolvency and dissolution proceedings around the
world.

On May 28, 2009, at the request of administrators, the Commercial
Court of Versailles, France, ordered the commencement of secondary
proceedings in respect of Nortel Networks S.A.  On June 8, 2009,
Nortel Networks UK Limited filed petitions in U.S. Bankruptcy
Court for recognition of the English Proceedings as foreign main
proceedings under Chapter 15.

U.S. Bankruptcy Judge Kevin Gross presides over the Chapter 11 and
15 cases.  Mary Caloway, Esq., and Peter James Duhig, Esq., at
Buchanan Ingersoll & Rooney PC, in Wilmington, Delaware, serves as
Chapter 15 petitioner's counsel.

In the Chapter 11 case, James L. Bromley, Esq., and Howard S.
Zelbo, Esq., at Cleary Gottlieb Steen & Hamilton, LLP, in New York,
serve as the U.S. Debtors' general bankruptcy counsel; Derek C.
Abbott, Esq., at Morris Nichols Arsht & Tunnell LLP, in Wilmington,
serves as Delaware counsel.  The Chapter 11 Debtors' other
professionals are Lazard Freres & Co. LLC as financial advisors;
and Epiq Bankruptcy Solutions LLC as claims and notice agent.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors in respect of the U.S. Debtors.

An ad hoc group of bondholders also was organized.  An Official
Committee of Retired Employees and the Official Committee of
Long-Term Disability Participants tapped Alvarez & Marsal
Healthcare Industry Group as financial advisor.  The Retiree
Committee is represented by McCarter & English LLP as Delaware
counsel, and Togut Segal & Segal serves as the Retiree Committee.
The Committee retained Alvarez & Marsal Healthcare Industry Group
as financial advisor, and Kurtzman Carson Consultants LLC as its
communications agent.

Several entities, particularly, Nortel Government Solutions
Incorporated and Nortel Networks (CALA) Inc., have material
operations and are not part of the bankruptcy proceedings.

As of Sept. 30, 2008, Nortel Networks Corp. reported consolidated
assets of $11.6 billion and consolidated liabilities of $11.8
billion.  The Nortel Companies' U.S. businesses are primarily
conducted through Nortel Networks Inc., which is the parent of
majority of the U.S. Nortel Companies.  As of Sept. 30, 2008, NNI
had assets of about $9 billion and liabilities of $3.2 billion,
which do not include NNI's guarantee of some or all of the Nortel
Companies' about $4.2 billion of unsecured public debt.

Since the commencement of the various insolvency proceedings,
Nortel has sold its business units and other assets to various
purchasers.  Nortel has collected roughly $9 billion for
distribution to creditors.  Of the total, $4.5 billion came from
the sale of Nortel's patent portfolio to Rockstar Bidco, a
consortium consisting of Apple Inc., EMC Corporation,
Telefonaktiebolaget LM Ericsson, Microsoft Corp., Research In
Motion Limited, and Sony Corporation.  The consortium defeated a
$900 million stalking horse bid by Google Inc. at an auction.  The
deal closed in July 2011.

Nortel has filed a proposed plan of liquidation in the U.S.
Bankruptcy Court.  The Plan generally provides for full payment on
secured claims with other distributions going in accordance with
the priorities in bankruptcy law.

The trial on how to divide proceeds among creditors in the U.S.,
Canada, and Europe commenced on Sept. 22, 2014.  The question of
how to divide $7.3 billion raised in the international bankruptcy
of Nortel Networks Corp. was answered on May 12, 2015, by two
judges, one in the U.S. and one in Canada.

Justice Frank Newbould of the Ontario Superior Court of Justice in
Toronto and Judge Kevin Gross of the U.S. Bankruptcy Court in
Wilmington, Delaware, agreed on the outcome: a modified pro rata
split of the money.

On Jan. 24, 2017, both the Canadian and Delaware courts confirmed
the Debtors' liquidation plan.


NORTHWEST TERRITORIAL: Committee Taps Barrick as Financial Advisor
------------------------------------------------------------------
The official committee of unsecured creditors of Northwest
Territorial Mint LLC seeks approval from the U.S. Bankruptcy Court
for the Western District of Washington to hire a financial
advisor.

The committee proposes to hire Lorraine Barrick LLC to analyze the
financial reports and evaluate any operating projections presented
by the Debtor's Chapter 11 trustee in support of a plan of
reorganization, and provide other financial advisory services.  

Lorraine Barrick, a certified public accountant and owner of the
firm, will charge an hourly fee of $350.

The firm does not represent any adverse interest in connection with
the Debtor's bankruptcy case, according to court filings.

The firm can be reached through:

     Lorraine Barrick
     Lorraine Barrick LLC
     1144 Federal Avenue east
     Seattle, WA 98102
     Phone: (206) 860-9672
     Fax: (206) 568-7376
     Email: info@lorrainebarrick.com

                  About Northwest Territorial

Northwest Territorial Mint LLC sought protection under Chapter 11
of the Bankruptcy Code (Bankr. W.D. Wash. Case No. 16-11767) on
April 1, 2016.  The petition was signed by Ross B. Hansen, member.

The Debtor estimated both assets and liabilities in the range of
$10 million to $50 million.

The case is assigned to Judge Christopher M. Alston. The Debtor is
represented by J. Todd Tracy, Esq., at The Tracy Law Group PLLC.

On April 11, 2016, Mark Calvert was appointed as Chapter 11 trustee
for the Debtor.

On April 15, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee is
represented by Miller Nash Graham & Dunn LLP.


NOVATION COMPANIES: Seeks to Expand Scope of Auditor's Services
---------------------------------------------------------------
Novation Companies, Inc. has asked the U.S. Bankruptcy Court for
the District of Maryland to allow its auditor Boulay PLLP to
provide additional services in connection with its proposed
transaction with Healthcare Staffing, Inc.

The firm will assist the Debtor in its investigation and analysis
of HCS, perform inquiries and analyses based on the information
received, review any financial information provided by the Debtor
or HCS, and provide oral and written reports, if requested.

The hourly rates charged by the firm are:

     Staff Associate      $130
     Senior Associate     $160
     Supervisor           $170
     Manager              $210
     Partner              $490

Richard Lehman, a certified public accountant and a partner at
Boulay, disclosed in a court filing that his firm is a
"disinterested person" as defined in section 101(14) of the
Bankruptcy Code, according to court filings.

The firm can be reached through:

     Richard Lehman
     Boulay PLLP
     9105 Strada Place, Suite 3201
     Naples, FL 34108
     Phone: (239) 325-1100

                  About Novation Companies

Novation Companies, Inc. and certain of its subsidiaries filed
voluntary petitions for chapter 11 business reorganization in
Baltimore, Maryland (Bankr. D. Md. Lead Case No. 16-19745) on July
20, 2016.  The cases are assigned to Judge David E. Rice.

In its petition, NCI lists assets of $33 million and liabilities of
$91 million.  As of the petition date, NCI and its subsidiaries
have in excess of $32 million in cash, marketable securities and
other current assets.

Headquartered in Kansas City, Missouri, Novation Companies (otcqb:
NOVC) -- http://www.novationcompanies.com/-- is in the process  
of implementing its strategy to acquire operating businesses or
making other investments that generate taxable earnings.

Prior to 2008, Novation originated, purchased, securitized, sold,
invested in and serviced residential nonconforming mortgage loans
and mortgage securities.  At the height of its business, debtor NMI
claims to have originated more than $11 billion annually in
mortgage loans.  After the Debtors ceased their lending operations
and completed a sale of its servicing portfolio amidst the housing
collapse in 2007, the Company has been engaged in the business of
acquiring various businesses.  The Debtors have five full-time
employees and one part-time employee.

The Debtors hired the law firms of Shapiro Sher Guinot & Sandler,
P.A., and Olshan Wolosky LLP as co-counsel. The Debtors also
hired Orrick, Herrington & Sutcliffe LLP as special litigation
counsel; Holland & Knight LLP as Investment Company Act compliance
counsel; and Deloitte Tax LLP as tax service provider.

On August 1, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


OAKFABCO INC: Asbestos Committee Taps Connolly as Expert
--------------------------------------------------------
Asbestos Claimants' Committee of Oakfabco, Inc., seeks
authorization from the U.S. Bankruptcy Court for the Northern
District of Illinois to retain Dennis R. Connolly as consulting
expert to the Asbestos Committee.

On September 11, 2015, the Debtor filed motions seeking approval of
three prepetition settlement agreements that the Debtor entered
into with certain insurers. The Debtor's unopposed settlement with
Affiliated FM Insurance Company has been approved by prior order of
the Court. The Debtor's proposed settlement with New England
Reinsurance Company ("New England" o the "NE Settlement") and
American Casualty Company, Continental Casualty Company and
Columbia Casualty Company are (collectively "CNA" or the "CNA
Settlement") are pending.

Pursuant to the NE Settlement, New England agreed to make payments
to the estate totaling $3 million in exchange for certain releases.
New England subsequently increased the proposed settlement amount
to $3.5 million after the Asbestos Committee filed its objection to
the settlement.

Pursuant to the CNA Settlement, CNA agreed to make payments to the
estate totaling $9,783,000 in exchange for certain releases. he
Debtor and CNA have stated that the CAN Settlement amount
represents: (a) 90% of $9,203,422 of agreed coverage under certain
insurance policies that CNA issued to the Debtor's predecessor,
Kewanee Boiler Corp., plus (b) $1.5 million on account of two
reportedly missing policies providing aggregate limits of $4
million each, for a total of $8 million in potential additional
coverage.

The Asbestos Committee requires Mr. Connolly to evaluate and
present evidence supporting the Committee's objection to the
pending settlement with New England and CNA, which requires the
expert consulting services of an insurance industry expert on
insurance underwriting including insurance programs utilizing
towers of coverage and industry methods used to reconstruct lost
insurance policies including significance of insurance daily
reports.

Mr. Connolly will be paid at the hourly rate of $700.

Mr. Connolly will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Dennis R. Connolly, of Johnson & Higgins, assured the Court that he
is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and (a) are not creditors, equity
security holders or insiders of the Debtor; (b) have not been,
within two years before the date of the filing of the Debtor's
chapter 11 petition, directors, officers or employees of the
Debtor; and (c) do not have an interest materially adverse to the
interest of the estate or of any class of creditors or equity
security holders, by reason of any direct or indirect relationship
to, connection with, or interest in, the Debtor, or for any other
reason.

Mr. Connolly can be reached at:

     Dennis R. Connolly
     125 Broad St.
     New York, NY 10004-2400
     Tel: (212) 574-8274
     Fax: (212) 574-8992

              About Oakfabco, Inc.

Oakfabco, Inc, formerly known as Kewanee Boiler Corporation, has
not manufactured boilers since 1988 when it sold its Kewanee boiler
business in an 11 U.S.C. Section 363 sale to Coppus Engineering
Corporation. In early 2009, it sold all of its remaining assets.

The Debtor has no employees, and, Frederick W. Stein is the
Debtor's sole officer and director. The Debtor's sole remaining
asset is its insurance, and it has no known liabilities other than
asbestos claims.

In January 1970, Kewanee Boiler Corp, then a newly-formed Illinois
Corporation, acquired the assets and debt of American Standard,
Inc.'s commercial boiler manufacturing division known as "Kewanee
Boiler." The boilers manufactured and sold by Kewanee Boiler were
insulated with asbestos.

Oakfabco sought Chapter 11 protection (Bankr. N.D. Ill. Case No.
16-27062) on Aug. 7, 2015, to resolve its remaining asbestos
claims. The petition was signed by Frederick W. Stein, president.

Stephen T. Bobo, Esq., Aaron B. Chapin, Esq., Paul M. Singer, Esq.,
Luke A. Sizemore, Esq., and Joseph D. Filloy, Esq., at Reed Smith
LLP, serves as counsel to the Debtor.

The Debtor estimated $10 million to $50 million in assets and
debt.

The U.S. Trustee for Region 11 appointed four members to the
Asbestos Claimants' Committee in the Chapter 11 bankruptcy case of
Oakfabco Inc.: Vince Holajn, William E. Gallet, Kristin Leigh Hart,
and Michael Batchelor. The Asbestos Claimants' Committee is
represented by Frances Gecker, Esq., at FrankGecker LLP.

The Debtor tapped Logan & Company, Inc. as its claims and noticing
agent, and Alan D. Lasko and Associates, P.C. as its tax
accountant.

The Asbestos Claimants' Committee retained Henry Booth and Colin
Gray to provide insurance professional services.



ON-SITE TRANSPORT: Court Extends Plan Filing Through April 11
-------------------------------------------------------------
Chief Bankruptcy Judge Jeffery A. Dellar has extended On-Site
Transport, Inc's exclusive plan filing period through April 11,
2017.

As previously reported by The Troubled Company Reporter, the Debtor
contended that it continues to negotiate with creditors in hopes of
filing a consensual plan agreed to by all secured creditors.  The
Debtor added that there are multiple relief from stay motions that
it hopes to resolve prior to filing a Chapter 11 Plan.

           About On-Site Transport, Inc.

On-Site Transport, Inc., filed a Chapter 11 petition (Bankr. W.D.
Pa. Case No. 16-70584), on August 16, 2016.  The petition was
signed by John C. Bertolino, company secretary.  The Debtor is
represented by Christopher M. Frye, Esq. at Steidl & Steinberg of
Pittsburgh, PA.

At the time of filing, the Debtor estimated $500,000 to $1 million
in assets and liabilities.  A list of the Debtors' 20 largest
unsecured Creditors is available at
http://bankrupt.com/misc/pawb16-70584.pdf  

The Office of the U.S. Trustee on Sept. 27, 2016, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of On-Site Transport, Inc.


PACIFIC IMPERIAL: Court Extends Plan Exclusivity Through June 12
----------------------------------------------------------------
Judge Laura Taylor has extended the periods within which Pacific
Imperial Railroad, Inc. has the exclusive right to file a
bankruptcy plan through June 12, 2017, and the exclusive right to
solicit acceptances on that plan through August 9, 2017.

                About Pacific Imperial Railroad

Pacific Imperial Railroad, Inc., based in San Diego, California,
filed a Chapter 11 petition (Bankr. S.D. Cal. Case No. 16-06253)
on Oct. 13, 2016.  The Debtor was created for the purpose of
rehabilitating and operating the Desert Line rail line.  The
petition was signed by Arturo Alemany, president and CEO.  The
Debtor is represented by Alan Vanderhoff, Esq., at Vanderhoff Law
Group.  The case is assigned to Judge Laura S. Taylor.  The Debtor
disclosed total assets at $7.18 million and total liabilities at
$11.43 million.

                          *    *    *

On February 6, 2017, the Debtor filed a plan of reorganization and
disclosure statement, a copy of which is available at          
http://bankrupt.com/misc/casb16-06253-114.pdf Class 5 allowed
unsecured claims are impaired by the Plan.  The holders of general
unsecured claims will receive on the distribution date a pro rata
share of the cash assets of the Debtor remaining after the payment
of Classes 1, 2, 3 and 4.


PANADERIA ZULMA: Seeks Plan Filing Deadline Moved to April 27
-------------------------------------------------------------
Panaderia Zulma Inc. asks the U.S. Bankruptcy Court for the
District of Puerto Rico to grant an extension of its exclusivity
period, until April 27, 2017, to submit a bankruptcy plan; and a
corresponding extension of 60 days of its deadline to procure votes
under that plan after the order granting approval of the Disclosure
Statement is entered.

The Debtor says it needs to be able to reconcile all claims in
order to propose a complete, viable and effective plan that account
for all claims.

Moreover, the Debtor relates that it is in the process of
conducting negotiations with key creditors that are necessary in
order to propose the plan.

                  About Panaderia Zulma

Panaderia Zulma Inc., filed a Chapter 11 bankruptcy petition
(Bankr. D.P.R. Case No. 16-07217) on September 11, 2016,
disclosing under $1 million in both assets and liabilities.  
The Debtor is represented by Myrna L. Ruiz-Olmo, Esq. of
MRO Attorneys.  Hector A. Morales of Morales Munoz &
Asociados CPA, PSC has been tapped as accountant.


PARAGON OFFSHORE: Taps PwC as Auditor and Tax Advisor
-----------------------------------------------------
Paragon Offshore PLC, et al., seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ
PricewaterhouseCoopers LLP as auditor and tax advisor to the
Debtors.

Paragon Offshore requires PwC to:

   a) perform audit services including with respect to the
      following:

       1. audit the Debtors' consolidated financial statements as
          of and for the year ending December 31, 2016 and of the
          effectiveness of the Debtors' internal control over
          financial reporting as of December 31, 2016, and
          provide the Debtors with an integrated audit report
          related to those financial statements;

       2. communicate with the Debtors' audit committee and
          management about any matters that PwC believes may
          require material modifications to the quarterly
          financial information to make it conform with
          accounting principles generally accepted in the United
          States; and

        3. examine evidence supporting the amounts and
           disclosures in the financial statements, assessing
           accounting principles used and significant estimates
           made by management, and evaluating the overall
           financial statement presentation.

   b) perform tax services to the Debtors.

PwC will be paid at these hourly rates:

     Partner               $893
     Director              $640
     Manager               $497
     Senior Associate      $385
     Associate             $300

In the 90 days before the Petition Date, the Debtors paid PwC
$725,639 for services rendered. As of the Petition Date, PwC does
not hold a prepetition claim against the Debtors for amounts owed
for services rendered.

PwC will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Craig Friou, partner of PricewaterhouseCoopers LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and (a) are not
creditors, equity security holders or insiders of the Debtor; (b)
have not been, within two years before the date of the filing of
the Debtor's chapter 11 petition, directors, officers or employees
of the Debtor; and (c) do not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtor, or
for any other reason.

PwC can be reached at:

     Craig Friou
     PRICEWATERHOUSECOOPERS LLP
     1000 Louisiana, Suite 5800
     Houston, TX 77002-5678
     Tel: (713) 356-4000
     Fax: (713) 356-4717

              About Paragon Offshore PLC

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a
global provider of offshore drilling rigs. Paragon's operated fleet
includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semi-submersibles). Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas. Paragon is a public limited company registered in England
and Wales and its ordinary shares have been trading on the
over-the-counter markets under the trading symbol "PGNPF" since
Dec. 18, 2015.

Paragon Offshore Plc, et al., filed Chapter 11 bankruptcy petitions
(Bankr. D. Del. Case Nos. 16-10385 to 16-10410) on Feb. 14, 2016,
after reaching a deal with lenders on a reorganization plan that
would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total debt
of $2.96 billion as of Sept. 30, 2015.

The Debtors engaged Weil, Gotshal & Manges LLP as general counsel,
Richards, Layton & Finger, P.A. as local counsel, Lazard Freres &
Co. LLC as financial advisor, Alixpartners, LLP, as restructuring
advisor, and Kurtzman Carson Consultants as claims and noticing
agent.

No request has been made for the appointment of a trustee or an
examiner in the cases.

On Jan. 27, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors. Paul, Weiss, Rifkind,
Wharton & Garrison LLP serves as main counsel to the Committee and
Young Conaway Stargatt & Taylor, LLP acts as co-counsel.



PARAGON OFFSHORE: Unsecureds May Recoup 26% Under Plan
------------------------------------------------------
Paragon Offshore plc, et al., filed with the U.S. Bankruptcy Court
for the District of Delaware a third joint Chapter 11 plan and
disclosure statement.

Each holder of an allowed Class 5 General Unsecured Claim will be
entitled to receive cash in the amount equal to the lesser of (a)
26% of the amount of the holder's allowed claim and (b) its pro
rata share of $5,000,000, or a higher amount as may be agreed
between the Debtors and the requisite lenders.  This class is
impaired by the Plan.

Plan distributions of cash will be funded from the Debtors' and the
Reorganized Debtors' cash collateral or unencumbered cash, as the
case may be, in accordance with the terms of the Plan.

A copy of the Third Joint Plan is available at:

          http://bankrupt.com/misc/deb16-10386-1234.pdf

As reported by the Troubled Company Reporter on Feb. 13, 2017, the
Debtors filed with the Court a disclosure statement dated Feb. 7,
2017, for the Debtors' third joint Chapter 11 plan.  That plan
provided for, among other things, the elimination of approximately
$2.4 billion of the Company's previously existing debt in exchange
for a combination of cash, debt and new equity to be issued under
that plan.

On March 7, 2017, the Official Committee of Unsecured Creditors
filed an objection to the disclosure statement, claiming that it
does not contain adequate information for creditors to evaluate and
vote on the Debtors' plan.  Having failed twice to confirm a
"reinstatement plan" in these cases, the Debtors have done a
complete about-face and now seek confirmation of a vastly different
plan that is premised largely on a previously undisclosed adequate
protection claim asserted by the secured lenders, a brand new
settlement of, among other things, the very same adequate
protection claim, and a vastly diminished valuation of the Debtors'
business, the Committee stated.

"In addition to explaining what has changed, the Debtors need to
disclose the details of the proposed settlement of the Adequate
Protection Claim and the other claims that comprise the 9019
settlement with the Secured Lenders.  Other than disclosing the
terms of the settlement and some cursory and unsupported statements
about the complexity and expense of litigating the various claims,
there is absolutely no explanation of the various legal and factual
issues, the plusses and minuses of the settlement, or the range of
potential outcomes.  Since by the Debtors' own account the Secured
Lender Settlement is 'the fundamental foundation of the Plan,'
creditors require all of that information if they are going to be
asked to vote on the Plan," the Committee stated.

A copy of the Objection is available at:

           http://bankrupt.com/misc/deb16-10386-1214.pdf

On March 10, 2017, the Debtors filed an omnibus reply to objections
to the approval of the disclosure statement, saying that the
Disclosure Statement provides extensive, detailed information about
all aspects of the Debtors' proposed plan, including: (i)
information about the Debtors' businesses, and their assets and
liabilities; (ii) the Debtors' financial projections and
valuations; (iii) the comprehensive plan settlement between the
Debtors and the Secured Lenders; (iv) the treatment of different
claims and interests under the proposed Plan; (v) the U.K.
Administration and the U.K. Sale Transaction; (vi) the tax
consequences of the Plan both in the United States and in the
United Kingdom; and (viii) the risks of the Debtors' proposed
restructuring.  Creditors have more than sufficient information to
make an informed decision about the plan.

The Debtors stated, "The issues raised by the Creditor's Committee
-- the reasonableness of the Plan Settlement and the Noble
Settlement, the methodology for calculating the Adequate Protection
Obligations, and the assumptions underpinning the Debtors'
valuation and liquidation analyses -- are confirmation issues, not
adequacy of disclosure issues.  The Creditors' Committee will have
ample opportunity to be heard on these issues at the Confirmation
Hearing, and the Court should not entertain confirmation issues at
this juncture."

A copy of the Response is available at:

          http://bankrupt.com/misc/deb16-10386-1235.pdf

                      About Paragon Offshore

Paragon Offshore plc -- http://www.paragonoffshore.com/-- is a   
global provider of offshore drilling rigs.  Paragon's operated
fleet includes 34 jackups, including two high specification heavy
duty/harsh environment jackups, and six floaters (four drillships
and two semi-submersibles).  Paragon's primary business is
contracting its rigs, related equipment and work crews to conduct
oil and gas drilling and workover operations for its exploration
and production customers on a dayrate basis around the world.
Paragon's principal executive offices are located in Houston,
Texas.  Paragon is a public limited company registered in
England and Wales and its ordinary shares have been trading on the
over-the-counter markets under the trading symbol "PGNPF" since
Dec. 18, 2015.

Paragon Offshore Plc, et al., filed Chapter 11 bankruptcy petitions
(Bankr. D. Del. Case Nos. 16-10385 to 16-10410) on Feb. 14, 2016,
after reaching a deal with lenders on a reorganization plan that
would eliminate $1.1 billion in debt.

The petitions were signed by Randall D. Stilley as authorized
representative.  Judge Christopher S. Sontchi is assigned to the
cases.

The Debtors reported total assets of $2.47 billion and total debt
of $2.96 billion as of Sept. 30, 2015.

The Debtors engaged Weil, Gotshal & Manges LLP as general counsel,
Richards, Layton & Finger, P.A. as local counsel, Lazard Freres &
Co. LLC as financial advisor, Alixpartners, LLP, as restructuring
advisor, and Kurtzman Carson Consultants as claims and noticing
agent.

No request has been made for the appointment of a trustee or an
examiner in the cases.

On Jan. 27, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Paul, Weiss, Rifkind,
Wharton & Garrison LLP serves as main counsel to the Committee and
Young Conaway Stargatt & Taylor, LLP acts as co-counsel.


PASS BUSINESS: April 13 Disclosure Statement Hearing
----------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Mississippi
will convene a hearing on April 13, 2017, at 1:30 P.M., to consider
approval of the disclosure statement explaining Pass Business
Terminal, LLC's plan filed on March 1, 2017.

April 4 is fixed as the last day for filing and serving written
objections to the disclosure statement.

             About Pass Business Terminal, LLC

Pass Business Terminal, LLC, filed a chapter 11 petition (Bankr.
S.D. Miss. Case No. 16-51767) on October 11, 2016.  The Petition
was signed by Roger L. Caplinger, Owner.  At the time of filing,
the Debtor had $500,000 to $1 million in estimated assets and
$100,000 to $500,000 in estimated liabilities.

The Debtor is represented by Matthew Louis Pepper, Esq., at
Matthew
Perry, Attorney at Law.  The Debtor hired Strick Trio Investments,
LLC as its accountant and bookkeeper.


PATRIARCH PARTNERS: Asks Court to Dismiss Suit by MBIA Insurance
----------------------------------------------------------------
Carmen Germaine, writing for Bankruptcy Law360, reports that Lynn
Tilton and her Patriarch Partners firms filed a motion with the New
York federal court, seeking to dismiss claims filed by three Zohar
funds and claiming that the lawsuit is part of a move by
controlling creditor MBIA Insurance Corp. to take control of the
distressed companies underlying the funds.

Law360 recalls that the funds were created by Ms. Tilton in 2003,
2005 and 2007 to raise money by selling CLO notes to investors and
then extending loans to dozens of distressed mid-size companies.
The report says that the portfolio companies underlying the funds
struggled in the financial crisis, and Patriarch Partners and Ms.
Tilton started exploring options to restructure the funds in 2012
as the first fund approached default.  Ms. Tilton, the report adds,
resigned as collateral manager of the funds in February 2016 and
MBIA Insurance named Alvarez & Marsal Zohar Management as her
replacement the following month.

According to Law360, the Zohar funds alleged that Ms. Tilton and
Patriarch Partners mismanaged their Zohar collateralized loan
obligation funds and that Ms. Tilton took advantage of the
conflicted equity structure of the funds by diverting to herself
massive amounts of money and other valuable assets.

Law360 quoted Ms. Tilton as saying, "The subject of the parties'
dispute is not, as plaintiffs claim, lack of transparency about the
structure of the Zohar funds and their investment activities.  The
dispute is, instead, an attempt by MBIA and the Zohar III
noteholder investors to seize ownership of portfolio company
equity, the combined multi-billion-dollar value of which far
exceeds MBIA and the Zohar III noteholders' bargained-for
expectations."

Ms. Tilton claims that after MBIA Insurance induced her to buy more
than $103 million in third-party notes in the Zohar I fund, the
insurer reneged on its promise to restructure and started trying to
take control of the funds and the companies, Law360 relates.

Ms. Tilton and Patriarch Partners are represented by:

     Randy M. Mastro, Esq.
     Mark A. Kirsch, Esq.
     Mary Beth Maloney, Esq.
     Akiva Shapiro, Esq.
     GIBSON DUNN & CRUTCHER LLP
     200 Park Avenue
     New York, NY 10166-0193 USA
     Tel: (212) 351-4000
     Fax: (212) 351-4035
     E-mail: rmastro@gibsondunn.com
             mkirsch@gibsondunn.com
             ashapiro@gibsondunn.com

Zohar is represented by:

     Michael B. Carlinsky, Esq.
     Jonathan Pickhardt, Esq.
     Ellison Sylvina Ward Merkel, Esq.
     Blair A. Adams, Esq.
     QUINN EMANUEL URQUHART & SULLIVAN LLP
     51 Madison Avenue, 22nd Floor,
     New York, New York 10010
     Tel: (212) 849-7000
     Fax: (212) 849-7100
     E-mail: michaelcarlinsky@quinnemanuel.com
             jonpickhardt@quinnemanuel.com
             ellisonmerkel@quinnemanuel.com
             blairadams@quinnemanuel.com

            About Patriarch Partners & Zohar Funds

Patriarch Partners, LLC, is a private equity firm specializing in
acquisition, buyouts, and turnaround investment in distressed
American companies and brands.  The Firm makes control investments
in its investee companies and also seeks board seats. Patriarch
Partners was founded by Lynn Tilton in 2000 and is based in New
York.  Tilton is CEO of Patriarch.

Patriarch Partners XV, LLC, filed involuntary Chapter 11 bankruptcy
petitions against Zohar CDO 2003-1, Corp., Zohar CDO 2003-1,
Limited and Zohar CDO 2003-1, LLC (Bankr. S.D.N.Y. Case Nos.
15-23681 to 15-23682) on Nov. 22, 2015.  

Patriarch XV later withdrew the petition with respect to Zohar I.

The Zohar funds were created to raise money through selling a form
of notes called collateralized loan obligations to investors that
was then used to extend loans to dozens of distressed mid-size
companies, often in connection with the acquisition of those
companies out of bankruptcy.  Patriarch was Zohar I's largest
creditor, holding $286.5 million face amount of Zohar I
notes.  Patriarch placed Zohar into Chapter 11 to protect Zohar
and Patriarch from the efforts of MBIA Inc. and MBIA Insurance
Corporation, another Zohar creditor, to obtain Zohar's assets for
itself.  As widely reported, Patriarch claimed it has been forced
to pursue this route because of MBIA's fraudulent scheme to induce
Patriarch XV to spend over $103 million to buy out a third-party
noteholder in Zohar-I to facilitate a restructuring of Zohar-I.

Patriarch's restructuring counsel was Skadden, Arps, Slate, Meagher
& Flom LLP and its financial advisor was Moelis & Co.

In November 2016, two investment funds previously managed by
Patriarch Partners sued Tilton in Delaware Chancery court, claiming
she has refused to step down as a director of three companies
controlled or partially owned by the funds -- FSAR Holdings Inc.,
UI Acquisition Holding Co. and Glenoit Universal Ltd. -- despite
shareholder majority agreements seeking her replacement.  The Zohar
funds are now managed by restructuring firm Alvarez & Marsal.  The
case captioned, is Zohar II 2005-1 et al. v. FSAR Holdings Inc. et
al., Case No. _____, in the Court of Chancery of the State of
Delaware.

In January 2017, three Zohar funds -- Zohar CDO 2003-1, Ltd., Zohar
II 2005-1, Ltd., and Zohar III, Ltd. -- commenced a lawsuit against
Patriarch, Tilton, and other related entities in U.S. District
Court for the Southern District of New York over the alleged
"egregious fraudulent scheme among Defendants Lynn Tilton and
numerous entities created and dominated by her to abuse certain of
those entities' roles as fiduciaries for the Plaintiff Zohar Funds
in order to pillage more than a billion dollars in cash and
valuable assets that have lined Ms. Tilton's pockets while leaving
the Zohar Funds on a collision course to default on obligations to
their own investors."  The funds seek, among other relief, a
declaration of their rights in the assets that they properly own as
well as treble damages in recompense for the Defendants' fraudulent
and illegal scheme implemented through a pattern of racketeering
activity.  The case is, ZOHAR CDO 2003-1, LTD.; ZOHAR II 2005-1,
LTD.; and ZOHAR III, LTD., Plaintiffs, v PATRIARCH PARTNERS, LLC;
PATRIARCH PARTNERS VIII, LLC; PATRIARCH PARTNERS XIV, LLC;
PATRIARCH PARTNERS XV, LLC; OCTALUNA LLC; OCTALUNA II LLC; OCTALUNA
III LLC; ARK II CLO 2001-1, LLC; ARK INVESTMENT PARTNERS II, L.P.;
and LYNN TILTON, Defendants, Case No. 17-00307 (S.D.N.Y.).


PEABODY ENERGY: Four Bondholders Sue Over Stock Sale
----------------------------------------------------
The American Bankruptcy Institute, citing Tracy Rucinski of
Reuters, reported that four individual investors filed a lawsuit in
March accusing Peabody Energy Corp., certain hedge funds and other
parties involved in the coal producer's Chapter 11 bankruptcy of
breaching their fiduciary duties.

According to the report, the four investors, who hold senior
unsecured bonds of Peabody, the largest U.S. coal miner, have
alleged during the Chapter 11 proceedings that they have been
unfairly treated under the reorganization plan.

In the lawsuit, filed with the U.S. Bankruptcy Court in St. Louis,
the investors also named as defendants the trustees of their bonds
and the Chapter 11 committee that represents their interests, the
report related.

At the heart of their complaint is a plan to raise $1.5 billion by
selling stock in a reorganized Peabody, the report further related.
The refinancing forms a key part of the company's plan to slash $5
billion of debt and exit Chapter 11 protection, the report said.

The stock is being offered to holders of the company's unsecured
bonds, except individual investors, denying them potentially
lucrative returns, the report noted.

This violates the basic promise of bankruptcy that creditors of
equal standing receive equal treatment, they argue, the report
added.

Peabody has about $4.5 billion of bonds outstanding, and the
lawsuit says individual investors hold up to 7 percent of those
securities, the report said.

               About Peabody Energy Corporation

Headquartered in St. Louis, Missouri, Peabody Energy Corporation
claims to be the world's largest private-sector coal company.  As
of Dec. 31, 2014, the Company owned interests in 26 active coal
mining operations located in the United States (U.S.) and
Australia.  The Company has a majority interest in 25 of those
mining operations and a 50% equity interest in the Middlemount
Mine
in Australia.  In addition to its mining operations, the Company
markets and brokers coal from other coal producers, both as
principal and agent, and trade coal and freight-related contracts
through trading and business offices in Australia, China, Germany,
India, Indonesia, Singapore, the United Kingdom and the U.S.

Peabody posted a net loss of $1.988 billion for 2015, wider from
the net loss of $777 million in 2014 and the $513 million net loss
in 2013.

At Dec. 31, 2015, the Company had total assets of $11.02 billion
against $10.1 billion in total liabilities, and stockholders'
equity of $919 million.

On April 13, 2016, Peabody Energy Corp. and 153 affiliates filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code.  The 154 cases are pending joint
administration before the Honorable Judge Barry S. Schermer under
(Bankr. E.D. Mo. Case No. 16-42529).

As of the Petition Date, PEC has approximately $4.3 billion in
outstanding secured debt obligations and $4.5 billion in
outstanding unsecured debt obligations.

The Debtors tapped Jones Day as general counsel; Armstrong,
Teasdale LLP as local counsel; Lazard Freres & Co. LLC and
investment banker Lazard PTY Limited as investment banker; FTI
Consulting, Inc., as financial advisors; and Kurtzman Carson
Consultants, LLC, as claims, ballot and noticing agent.

The Office of the U.S. Trustee on April 29, 2016, appointed seven
creditors of Peabody Energy Corp. to serve on the official
committee of unsecured creditors.  The Committee retained Morrison
& Foerster LLP as counsel, Spencer Fane LLP as local counsel,
Curtis, Mallet-Prevost, Colt & Mosle LLP as conflicts counsel,
Blackacre LLC as its independent expert, and Berkeley Research
Group, LLC, as financial advisor.

                      *     *     *

Judge Barry S. Schermer of the U.S. Bankruptcy Court for the
Eastern District of Missouri on January 27, 2017, approved the
second amended disclosure statement explaining Peabody Energy
Corporation, et al.'s joint plan of reorganization and scheduled
the confirmation hearing for March 16, 2017, at 10:00 A.M.,
Central
Time.

Under the Second Amended Plan, in full settlement and satisfaction
of the Official Committee of Unsecured Creditors' Alleged Causes
of
Action, the Creditors' Committee Settlement provided that holders
of General Unsecured Claims (1) against PEC will have $5 million
of
cash available for distribution to Holders of Allowed General
Unsecured Claims in Class 5A that are not Convenience Claims in
Class 6A and (2) against one of the Encumbered Guarantor Debtors
will have an option to elect to receive on account of their
Allowed
Claims, a pro rata cash distribution from a pool of $75 million,
with recoveries to be capped at 50% of their Allowed Claims. The
total amount of cash available for holders of Convenience Claims
in

Class 6A is $2 million and Class 6B is $18 million.

Class 2A -2D (Second Lien Notes Claims) will recover an estimated
52.4% under the Plan.  Class 6A (PEC Convenience Claims) and Class

6B (Encumbered Guarantor Debtors Convenience Claims) will recover
an estimated 72.5%.  Class 7A-7E (MEPP Claims) will recover 85% to
90%.

Holders of general unsecured claims will recover:

   Class 5A (PEC)                           0.1%
   Class 5B (Encumbered Guarantor Debtors) 22.1%
   Class 5C (Gold Fields Debtors) less than 1.0%
   Class 5D (Gib 1)                         0.0%
   Class 5E (Unencumbered Debtors)         99.0%

Class 8A (PEC Unsecured Subordinated Debenture Claims) will recover
nothing.  In accordance with the global settlement embodied in the
Plan, if Class 8A votes in favor of the Plan and certain other
conditions are satisfied, holders of Unsecured Subordinated
Debenture  Claims will receive the Unsecured Subordinated Debenture
Penny Warrants from the Noteholder Co- Proponents, which would
provide
for an anticipated recovery of approximately 4.2%.

A black-lined version of the Second Amended Plan dated January 27,
2017, is available at:

        http://bankrupt.com/misc/mieb16-42529-2232.pdf


PERFORMANCE ENTERPRISES: Hires Woodbury & Kesler as Counsel
-----------------------------------------------------------
Performance Enterprises of Utah, Inc., seeks authority from the
U.S. Bankruptcy Court for the District of Utah to employ Woodbury &
Kesler, P.C. as counsel to the Debtor.

Performance Enterprises requires Woodbury to:

   a. assist the Debtor with the meeting of creditors; and

   b. prepare schedules and statements, sale of assets,
      formulation of a plan, objections to claims and in general,
      each and every item associated with the administration of
      the Debtor's estate in carrying forward with a proposed
      plan of reorganization.

Woodbury will be paid a retainer in the amount of $4,000.

Woodbury will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Russell S. Walker, member of Woodbury & Kesler, P.C., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and their estates.

Woodbury can be reached at:

     Russell S. Walker, Esq.
     WOODBURY & KESLER, P.C.
     525 East 100 South, Suite 300
     Salt Lake City, UT 84110-3358
     Tel: (801) 364-1100
     Tel: (801) 359-2320

              About Performance Enterprises of Utah, Inc.

Performance Enterprises Of Utah, Inc., filed a Chapter 11
bankruptcy petition (Bankr. D. Utah Case No. 17-21544) on March 3,
2017, disclosing under $1 million in both assets and liabilities.
The Debtor is represented by Russell S. Walker, Esq., at Woodbury &
Kesler, P.C.



PETCO ANIMAL: Bank Debt Trades at 4% Off
----------------------------------------
Participations in a syndicated loan under Petco Animal Supplies is
a borrower traded in the secondary market at 95.88
cents-on-the-dollar during the week ended Friday, March 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.71 percentage points from the
previous week.  Petco Animal pays 325 basis points above LIBOR to
borrow under the $2.506 billion facility. The bank loan matures on
Jan. 26, 2023, Moody's did not give any rating.  Standard & Poor's
gave a B rating.  The loan is one of the biggest gainers and losers
among 247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended March 3.


PFO GLOBAL: Committee Taps Shraiberg Ferrara as Legal Counsel
-------------------------------------------------------------
The official committee of unsecured creditors of PFO Global, Inc.
seeks approval from the U.S. Bankruptcy Court for the Northern
District of Texas to hire legal counsel.

The committee proposes to hire Shraiberg, Ferrara, Landau & Page,
P.A. to give legal advice regarding its duties under the Bankruptcy
Code, assist in its consultations with the Debtor, participate in
the formulation of a bankruptcy plan, assist in the sale of assets,
and provide other legal services.

The hourly rates charged by the firm for its attorneys range from
$225 to $500.  Legal assistants charge $175 per hour.  

Bradley Shraiberg, Esq., the attorney designated to represent the
Debtor, will charge $500 per hour for his services.

Shraiberg does not represent any interest adverse to the committee,
according to court filings.

The firm can be reached through:

     Bradley S. Shraiberg, Esq.
     Shraiberg, Ferrara, Landau & Page, P.A.
     2385 NW Executive Center Dr., Suite 300
     Boca Raton, FL 33431
     Phone: 561-443-0800
     Direct Line: 561-443-0801
     Fax: 561-998-0047
     Email: bshraiberg@sfl-pa.com

                        About PFO Global

PFO Global, Inc., and each of its affiliates Pro Fit Optix Holding
Company, LLC, Pro Fit Optix, Inc., PFO Technologies, LLC, PFO
Optima, LLC, and PFO MCO, LLC, filed Chapter 11 petitions (Bankr.
N.D. Tex. Lead Case No. 17-30355) on January 31, 2017.

The Debtors are represented by Rosa R. Orenstein, Esq. and Nathan
M. Nichols, Esq., at Orenstein Law Group, P.C.

The Debtors are a consolidated group of companies that operate in
the eyewear and lenses industry worldwide.  Global owns 100% of
the equity interests in Holding.  In turn, Holding owns 100% of
the equity interests in Optix, Technologies, Optima and MCO.

On February 21, 2017, the Office of the U.S. Trustee formed an
official committee of unsecured creditors.


PHARMAGOGENETIC DIAGNOSTICS: Plan Filing Deadline Moved to June 6
-----------------------------------------------------------------
Judge Thomas Fulton extended Pharmacogenetics Diagnostic
Laboratory, LLC's exclusive plan filing period until June 6,
2017, and its exclusive plan solicitation period until August 6,
2017.

As previously reported by The Troubled Company Reporter, the Debtor
said it has just recently engaged Houston Consulting as its Chief
Restructuring Officer for guidance in its business planning and as
such, Houston Consulting hasn't have sufficient time to review,
evaluate, and assist the Debtor in formulating a plan of
reorganization by March 8, 2017.

              About Pharmacogenetics Diagnostic

Pharmacogenetics Diagnostic Laboratory, LLC, dba PGXL Laboratories
dba PGX Laboratories, filed a Chapter 11 petition (Bankr. W.D. Ky.
Case No. 16-33404) on Nov. 8, 2016. The petition was signed by Dr.
Roland Valdes, Jr., president/CEO. The case is assigned to Judge
Thomas H. Fulton. The Debtor estimated assets at $500,000 to $1
million and liabilities at $10 million to $50 million at the time
of the filing.

The Debtor is represented by Charity Bird Neukomm, Esq., at Kaplan
& Partners LLP. The Debtor  hires Strothman and Company as
Accountant.


POC PROPERTIES: Taps Dale Faught as Real Estate Refinancing Expert
------------------------------------------------------------------
POC Properties, LLC, SOP Academy, LLC and Academy Road Partners,
LLC ask the U.S. Bankruptcy Court for the Eastern District of
Wisconsin to approve the employment of Dale R. Faught as a
commercial real estate refinancing expert.

Mr. Faught will provide his opinion that the Debtors would have
been in a position to refinance and pay off the loans that at the
time were held by M&I Marshall & Ilsley Bank and BMO Harris Bank --
the predecessors-in-interest of Monty Titling Trust -- before they
matured in December of 2011. Mr. Faught will testify as to these
opinions at the upcoming evidentiary hearing on the Debtors' motion
to estimate the amount of Monty's claim.

Mr. Faught will charge $150 per hour for time spent preparing for
trial or depositions, and $200 per hour for time spent testifying.
In addition, out-of-pocket expenses such as research, overnight or
expedited delivery, postage, photocopying, and travel costs will be
charged to the Debtors. Mr. Faught agrees to a fee cap of $20,000.


Dale R. Faught attests that he does not represent any interest
adverse to the Debtors or their estates in the matters as to which
he is being engaged except as disclosed in this declaration. He has
no pre-petition claim against the Debtors. He has disclosed his
prior connection with the principals of the Debtors.  He submits
that he is a disinterested person.

The firm can be reached at:

     Dale R. Faught
     15275 Cascade Drive
     Elm Grove, WI 53122
     Phone: (262) 784-6391

                                      About POC Properties

POC Properties, LLC, SOP Academy, LLC and Academy Road Partners,
LLC, filed Chapter 11 bankruptcy petitions (Bankr. E.D. Wisc. Case
Nos. 15-33291, 15-33292 and 15-33293, respectively) on Dec. 11,
2015.  Warren S. Blumenthal signed the petition as authorized
person.  The Debtors estimated both assets and liabilities in the
range of $10 million to $50 million.  Kerkman & Dunn represents the
Debtors as counsel. Judge Susan V. Kelley is assigned to the case.


PORTER BANCORP: RMB Capital Has 9.9% Equity Stake as of Dec. 31
---------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, RMB Capital Holdings, LLC and RMB Capital Management,
LLC disclosed that as of Dec. 31, 2016, they may be deemed to
beneficially own 457,233 shares of common stock of Porter Bancorp,
Inc. representing 9.9 percent of the shares outstanding.  Iron Road
Capital Partners L.L.C. reported beneficial ownership of
177,233 common shares and RMB Mendon Managers, LLC reported
beneficial ownership of 280,000 common shares.  A full-text copy of
the regulatory filing is available at https://is.gd/BkSrNI

                    About Porter Bancorp

Porter Bancorp, Inc., is a bank holding company headquartered in
Louisville, Kentucky.  Through its wholly-owned subsidiary PBI
Bank, the Company operates 18 full-service banking offices in
12 counties in Kentucky.

Porter Bancorp reported a net loss of $2.75 million on $35.60
million of interest income for the year ended Dec. 31, 2016,
compared to a net loss of $3.21 million on $36.57 million of
interest income for the year ended Dec. 31, 2015.  The Company's
balance sheet at Dec. 31, 2016, showed $945.17 million in total
assets, $912.44 million in total liabilities and $32.73 million in
total stockholders' equity.



PUERTO RICO: Oversight Board Rejects Governor's Turnaround Plan
---------------------------------------------------------------
The American Bankruptcy Institute, citing Reuters, reported that
Puerto Rico's federally appointed fiscal oversight board rejected a
fiscal turnaround plan proposed by Governor Ricardo Rossello,
saying it did not comply with PROMESA, the restructuring law passed
last year by the U.S. Congress.

According to Reuters, in a letter obtained by leading newspaper El
Nuevo Dia and posted on its website, the board said the plan to put
the U.S. Commonwealth on a sustainable fiscal path was
insufficient.

"The Board has determined that the Proposed Plan does not comply
with the requirements set forth in PROMESA," the letter said,
Reuters related.  Representatives of the board said it was not
making the letter public, and Rossello's office said it could
therefore not make the letter public either as a matter of
protocol, the report added.

"The Proposed Plan does not provide a path to restructuring debt
and pension obligations to reach a sustainable level, and ensuring
funding of essential services for the people of Puerto Rico," the
letter said, the report further related.


R.E.S. NATION: Plan Confirmation Hearing on April 5
---------------------------------------------------
The Hon. Karen K. Brown of the U.S. Bankruptcy Court for the
Southern District of Texas has conditionally approved R.E.S.
Nation, LLC's disclosure statement referring to the Debtor's plan
of reorganization.

A hearing to consider the final approval of the Disclosure
Statement and confirmation of the Plan will be held on April 5,
2017, at 2:00 p.m., prevailing Central Time.

Objections to the Disclosure Statement and confirmation of the Plan
must be filed by March 31, 2017, at 5:00 p.m., prevailing Central
Time.

Written acceptances or rejections of the Plan must be filed by
March 31, 2017, at 5:00 p.m., prevailing Central Time.

As reported by the Troubled Company Reporter on March 6, 2017, the
Debtor filed with the Court a small business disclosure statement
describing its plan of reorganization, dated Feb. 24, 2017.  Under
the Plan, unsecured trade creditors are classified in Class 3, and
will receive a distribution of 100% of their allowed claims, to be
distributed as follows: After satisfaction of all priority and
administrative expense claims (other than priority tax claims), the
Debtor will make payments monthly into a reserve account.  An
independent disbursing agent will make payments quarterly from the
reserve account to unsecured creditors pro rata until their claims
are paid in full. In any event, the claims will be satisfied in
full on or before the tenth anniversary of the Effective Date.

                   About R.E.S. Nation

R.E.S. Nation, LLC, represents commercial and industrial
Businesses that buy electricity in deregulated service territories,
where R.E.S. procures customers for retail energy providers
pursuant to written agreements with the provider and is paid a
commission over time during the term of the customer agreement.

R.E.S. Nation, LLC, filed a Chapter 11 petition (Bankr. S.D. Tex.
Case No. 16-34744), on Sept. 23, 2016.  The petition was signed by
Jeffrey Nowling, manager.  The Debtor tapped Susan C. Matthews,
Esq., at Baker, Donelson, Bearman, Caldwell & Berkowitz, APC.  At
the time of filing, the Debtor estimated assets and liabilities at
up to $50,000.

U.S. Trustee Judy A. Robbins on Nov. 10 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of R.E.S. Nation, LLC.


REDIGI INC: Plan Exclusivity Extended Through June 28
-----------------------------------------------------
Judge Paul G. Hyman, Jr., has extended ReDigi, Inc.'s exclusive
right to file a plan of reorganization through June 28, 2017, and
its exclusive right to solicit votes on a plan of reorganization
through August 28, 2017.

                       About ReDigi Inc.

ReDigi Inc. filed a Chapter 11 petition (Bankr. S.D. Fla. Case No.
16-20809) on August 3, 2016, and is represented by Craig I Kelley,
Esq., of Kelley & Fulton, PL, in West Palm Beach, Florida.  The
petition was signed by John Mark Ossenmacher, CEO.  At the time of
the filing, the Debtor had $250 in total assets and $6,590,000 in
total liabilities.  The Debtor employed Baker & Hostetler LLP as
special counsel.

A list of the Debtor's 16 unsecured creditors is available for free
at http://bankrupt.com/misc/flsb16-20809.pdf    



SEANERGY MARITIME: Enters Into Waiver Agreements with Lenders
-------------------------------------------------------------
Seanergy Maritime Holdings Corp. on March 14, 2017, disclosed that
it has entered into agreements with four of its senior lenders for
the proactive waiver and deferral of the application date of
certain major financial covenants.  Based on these agreements the
Company expects to be in compliance with all major applicable
covenants concerning the Company and the respective borrowers or
that such covenants will be waived and postponed until the second
quarter of 2018.

Stamatis Tsantanis, CEO of Seanergy commented: "We are pleased to
announce that we have proactively agreed with our lenders to waive
and defer certain major financial covenants of all of our existing
banking facilities through the second quarter of 2018.  While the
Company was not in a breach of covenants in any of its facilities,
we approached our banks well in advance to resolve any issue that
could arise in the next 13 to 15 months.

"These agreements are a result of our strong relationships with our
lenders and are aimed to align the application date of certain
major financial covenants starting in the second quarter of 2018.

"Currently, we are seeing rising freight rates and asset values
within the dry bulk market and we believe this strategic agreement
will also allow us to operate with significantly more financial
flexibility as we look to grow our fleet."

                          About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet of
seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as well
as bauxite, phosphate, fertilizer and steel products.

For the year ended Dec. 31, 2015, the Company reported a net loss
of US$8.95 million on US$11.2 million of net vessel revenue
compared to net income of US$80.3 million on US$2.01 million of net
vessel revenue for the year ended Dec. 31, 2014.

As of Sept. 30, 2016, Seanergy had US$203.60 million in total
assets, US$184.45 million in total liabilities and US$19.15 million
in stockholders' equity.

Ernst & Young (Hellas) Certified Auditors-Accountants S.A., in
Athens, Greece, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2015,
citing that the Company reports a working capital deficit and
estimates that it may not be able to generate sufficient cash flow
to meet its obligations and sustain its continuing operations for a
reasonable period of time, that in turn raise substantial doubt
about the Company's ability to continue as a going concern.


SHAFFER & ASSOCIATES: Hires Turner & Johns as Counsel
-----------------------------------------------------
Shaffer & Associates, Limited, seeks authority from the U.S.
Bankruptcy Court for the Northern District of West Virginia to
employ Turner & Johns, PLLC as counsel to the Debtor.

Shaffer & Associates requires Turner & Johns to:

   a. give the Debtor legal advice with respect to its powers and
      duties as debtor-in-possession and in the management of its
      business;

   b. prepare on behalf of the Debtor, as debtor-in-possession,
      all necessary motions, applications, answers, orders
      reports and other legal papers; and

   c. perform all other legal services for the Debtor as debtor-
      in-possession may be necessary herein.

Turner & Johns will be paid at these hourly rates:

     Attorneys                   $250-$400
     Paralegal                   $125

Turner & Johns will be paid a retainer in the amount of $20,000.

Turner & Johns will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Brian R. Blickenstaff, associate of Turner & Johns, PLLC, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Turner & Johns can be reached at:

     Brian R. Blickenstaff, Esq.
     TURNER & JOHNS, PLLC
     216 Brooks Street, Suite 200
     Charleston, WV 25301
     Tel: (304) 720-2300
     Fax: (304) 720-2311
     E-mail: bblickenstaff@turnerjohns.com

              About Shaffer & Associates, Limited

Shaffer & Associates Limited, filed a Chapter 11 bankruptcy
petition (Bankr. N.D. W.Va. Case No. 17-00185) on February 26,
2017, disclosing under $1 million in both assets and liabilities.
The Debtor is represented by Brian R. Blickenstaff, Esq., at Turner
& Johns, PLLC.



SILVER LINE: Credit Swap Revenues to Fund Plan
----------------------------------------------
Silver Line Inc., filed with the U.S. Bankruptcy Court for the
Eastern District of Pennsylvania a disclosure statement regarding
their proposed plan of reorganization.

Silver Line Inc, a Single Asset Realty venture, started having
financial problems after the business stopped operating as a truck
depot. Because it was not taking in revenue but still owing the
land, significant real estate taxes become due. This resulted in
County tax sale in which the winning bidder was Wind Gap Interstate
33 Land Trust. The Debtor sought to recover ownership of the realty
from Wind Gap Interstate Land Trust. An agreement was reached in
which title would be returned to debtor and debtor would make
periodic payments to the Wind Gap 33 Land Trust.

At some point, unhappy differences between the above two parties
arose with Wind Gap alleging that debtors were in default and
debtors alleging that Wind Gap had interfered and clouded debtor's
title.

During the course of the instant bankruptcy, Wind Gap filed a
relief from stay motion and litigation therefrom resulted in the
driving funding of this plan which is a "Credit Swap" agreement to
sell the subject realty to Wind Gap Interstate 33 Land Trust.

In broad terms, the Credit Swap will pay into the debtor the sum of
$675,000. The sum of $600, 000 will be credited against the allowed
proof of claim filed by creditor Wind Gap Interstate 33 Land Trust.
The sum of $75,000 will be paid in cash as partial funding of the
plan. The remaining funding of the plan will be the recovery of
monies now held by the Court of Common Pleas of Northampton County.


Class III under the plan is the secured debt claims of Wind Gap
Interstate 33 Land Trust. In accordance with the Credit Swap
Agreement/Realty Sales Agreement, each holder of an allowed secured
claim shall receive pursuant to such holder’s election with
respect to all or any portion of the holder's secured claims and in
full satisfaction and discharge of such holder's allowed secured
claim: Real Estate 7.784 acres at Moorestown Rd & Male Road Routes
512 and 33, Wind Gap, PA 18091 to be conveyed by debtor to claimant
pursuant to Credit Swap/Realty Sales Agreement.

The Proposed plan will reorganize and liquidate the Estate of
Silver Line, Inc.  The revenues from Credit Swap agreement are
adequate to fully fund the plan. After the past due taxes are paid,
the Estate of Silver Line, Inc. will have liquidated and will go
out of existence.

The Debtor has filed with the Bankruptcy Court a motion for
approval of the Debtor's plan of reorganization and disclosure
statement.  The Debtor moves the Court for an order approving the
Disclosure Statement, as well as an order fixing time for the last
day to accept or reject the Plan and the filing of objections to
the Plan and an order fixing the date for confirmation of the
Plan.

The Disclosure Statement is available at:

        http://bankrupt.com/misc/paeb15-16818-76.pdf

Silver Line, Inc., a Single Asset Real Estate, filed a Chapter 11
petition (Bank. E.D. Pa. Case No. 15-16818) on Sept. 21, 2015.
The
petition was signed by Richard Viders, president.  The case is
assigned to Judge Richard E. Fehling.  The Debtor disclosed $1.4
million in assets and $430,000 in liabilities.   The Debtor tapped
Michael J. McCrystal, Esq., at McCrystal Law Offices as counsel.


SINDESMOS HELLINIKES: Seeks March 31 Extension of Plan Filing Date
------------------------------------------------------------------
Sindesmos Hellinikes-Kinotitos of Chicago, aka Holy Trinity
Helennic Orthodox Church, asks the U.S. Bankruptcy Court for the
Northern District of Illinois to extend its deadline to file a plan
and disclosure statement to and including March 31, 2017.

The Debtor relates that it was in settlement negotiations with
Hellenic-American Academy Foundation, NFP, with respect to certain
monetary claims which each party has asserted against the other, as
well as other outstanding disputes.  Resolution of these claims
would have had a significant impact on any Plan and Disclosure
Statement proposed by the Debtor and may, in fact, have rendered
further bankruptcy relief unnecessary, the Debtor's counsel, David
R. Herzog, Esq., at Herzog & Schwartz, P.C., in Chicago, Illinois,
tells the Court.  However, negotiations have broken down between
the parties and it does not appear that a settlement will happen,
Mr. Herzog says.  As a result, the Debtor must continue its work
and finalization of a Plan and Disclosure Statement, he adds.

The Debtor, accordingly, seeks an extension the deadline to file
the Plan and Disclosure Statement to and including March 31, 2017,
in order to finalize its Plan and Disclosure Statement.

                        About Holy Trinity

Sindesmos Hellinikes-Kinotitos of Chicago, aka Holy Trinity
Helennic Orthodox Church, aka Holy Trinity Orthodox Church of
Chicago, is an Illinois religious corporation which for more than
100 years has operated a Greek Orthodox Church currently located at
6041 W. Diversey Avenue, Chicago, Illinois 60639, where it conducts
its religious services and provides parish activities.  The instant
case bankruptcy case was filed because of a pending state
foreclosure proceeding filed by MB Financial Bank, NA, against the
Debtor with respect to the Chicago Property.

The Debtor sought Chapter 11 protection (Bankr. N.D. Ill. Case No.
15-22446) on June 29, 2015. Judge Timothy A. Barnes is assigned to
the case.  The Debtor estimated assets in the range of $o to
$50,000 and $100,001 to $500,000 in debt.  David R Herzog, Esq. at
Herzog & Schwartz, P.C. serves as the Debtor's counsel.

Holy Trinity is an Illinois religious corporation which for more
than 100 years has operated a Greek Orthodox Church currently
located at 6041 W. Diversey Ave., Chicago, Illinois, where it
conducts its religious services and provides parish activities.

The Chapter 11 case was filed because of a pending state
foreclosure proceeding filed by MB Financial Bank, NA ("MB")
against the Debtor with respect to the Chicago Property.

In 2004, Holy Trinity purchased property at 1085 N. Lake Cook Rd.,
Deerfield, Illinois (the "Deerfield Property") for the purpose of
relocating its parochial school known as the Socrates
Greek-American Elementary School, which was founded in 1908, to the
Deerfield Property.


SOUTHERN SANDBLASTING: Hires Baker & Associates as Attorney
-----------------------------------------------------------
Southern Sandblasting & Coatings, Inc., seeks authority from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Baker & Associates as attorney to the Debtor.

Southern Sandblasting requires Baker & Associates to:

   a. analyze the financial situation, and rendering advice and
      assistance to the Debtor;

   b. advise the Debtor with respect to its duties as a debtor;

   c. prepare and file all appropriate petitions, schedules of
      assets and liabilities, statements of affairs, answers,
      motions and other legal papers;

   d. represent the Debtor at the first meeting of creditors and
      such other services as may be required during the course of
      the bankruptcy proceedings;

   e. represent the Debtor in all proceedings before the Court
      and in any other judicial or administrative proceeding
      where the rights of the Debtor may be litigated or
      otherwise affected;

   f. prepare and file a Disclosure Statement and Chapter 11 Plan
      of Reorganization; and

   g. assist the Debtor in any matters relating to or arising out
      of the captioned case.

Baker & Associates will be paid at these hourly rates:

     Attorneys                  $275-$450
     Of Counsel                 $275-$450
     Paralegals                 $125-$150

Baker & Associates received from the Debtor the total amount of
$11,717 prior to filing the chapter 11 case. Baker & Associates has
applied $4,454 to pre-petition fees and expenses and $1,717 to the
filing fee. The remaining amount of $5,545.00 shall be held by
Baker & Associates in its IOLTA account subject to order of the
court.

Baker & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Reese W. Baker, partner of Baker & Associates, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Baker & Associates can be reached at:

     Reese W. Baker, Esq.
     BAKER & ASSOCIATES
     5151 Katy Freeway, Suite 200
     Houston, TX 77007
     Tel: 713-869-9200
     Fax: 713-869-9100

              About Southern Sandblasting & Coatings, Inc.

Southern Sandblasting & Coatings, Inc., based in Humble, TX, filed
a Chapter 11 petition (Bankr. S.D. Tex. Case No. 17-30823) on
February 7, 2017. The Hon. Jeff Bohm presides over the case. Reese
W. Baker, Esq., at Baker & Associates, to serve as bankruptcy
counsel.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities. The petition
was signed by Ernest W. Watson, Jr., president.



SUNEDISON INC: Brookfield Asset to Pay $2.5-Bil. for Two Yieldcos
-----------------------------------------------------------------
Chelsea Naso, writing for Bankruptcy Law360, reports that
Brookfield Asset Management will spend $2.5 billion to acquire
TerraForm Power Inc. and TerraForm Global Inc., clean energy
yieldcos affiliated with bankrupt SunEdison Inc.

According Law360, the two separate transactions come almost a year
after Brookfield Asset disclosed its plan to invest in the two
yieldcos, amid SunEdison's decision to file for Chapter 11
protection in April 2016.

As reported by the Troubled Company Reporter on March 9, 2017,
Joshua Jamerson, writing for The Wall Street Journal Pro
Bankruptcy, reported that Brookfield Asset reached an agreement to
buy TerraForm Global and take a controlling stake in TerraForm
Power.

                     About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.
The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors employed
PricewaterhouseCoopers LLP as financial advisors; and KPMG LLP as
their auditor and tax consultant.

SunEdison also has tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East. Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors retained Ernst &Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc. also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power,
Inc., and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq. at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at
Pillsbury Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.


SUNEDISON INC: Court Approves Plan Exclusivity Extension
--------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that the U.S.
Bankruptcy Court for the Southern District of New York has granted
SunEdison Inc.'s bid for an extension of its exclusive period to
file a Chapter 11 plan.

As reported by the Troubled Company Reporter on Feb. 20, 2017, the
Debtor and certain of its debtor-affiliates requested the Court to
extend the periods within which they have the exclusive right to
(a) file a plan for each of the Debtors through and including March
29, 2017; and (b) solicit acceptances of the plan for each of the
Debtors through and including May 29, 2017.

Law360 relates that the Debtor withstood complaints regarding the
extent of its transparency and communication with unsecured
creditors.  According to the repot, Anthony W. Clark, Esq., at
Skadden Arps Slate Meagher & Flom LLP, the counsel for the Debtor,
made their case in Court to push back the exclusivity period just
after it was announced that the two clean energy yieldcos it
controlled, TerraForm Power Inc. and TerraForm Global Inc., were
acquired by Brookfield Asset Management in a pair of deals worth
$2.5 billion.  The report states that TerraForm Power and TerraForm
Global also announced a settlement with the Debtor that contains a
full mutual release of all claims of the Debtor and consideration
in the yieldcos.

Citing Mr. Clark, Law360 states that the Debtors can now focus on
filing a plan to restructure and emerge from Chapter 11, now that
the yieldco transactions and settlements are in place.

                     About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.
The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors employed
PricewaterhouseCoopers LLP as financial advisors; and KPMG LLP as
their auditor and tax consultant.

SunEdison also has tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East. Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors retained Ernst &Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc. also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power,
Inc., and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq. at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at
Pillsbury Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.


SUNEDISON INC: Selling Sherman, Texas Manufacturing Facility
------------------------------------------------------------
Binswanger and Keen-Summit Capital Partners LLC are accepting
offers for SunEdison Inc.'s high-tech manufacturing facility
located at 6800 U.S. Highway 75, Sherman, Texas.  Offers will be
considered upon receipt.

As reported by the Troubled Company Reporter on Oct. 11, 2016, the
property consists of nearly 700,000 square feet of industrial space
previously used for silicon wafer manufacturing by the Debtors,
which sits on 78 acres of land.

On October 2016, the U.S. Bankruptcy Court for the Southern
District of New York approved Binswanger of Texas, Inc., as the
Debtors' real estate agent for the facility.

According to the TCR, 15 companies have already been identified as
potential buyers for the property.  If the property is sold to one
of these buyers, Binswanger will be paid a commission of 3% of the
gross aggregate purchase price while Keen-Summit Capital Partners
LLC, the Debtors' real estate advisor, will be paid a commission of
1%.

If the property is not sold to any of the 15 potential buyers but
to another company, Binswanger and Keen-Summit will each be paid a
commission of 2%.

For inquiries, contact:

          Holmes Davis
          Binswanger of Texas Inc.
          Tel: (972) 663-9494
          http://www.Binswanger.com/

          Keen-Summit Capital Partners LL
          Tel: (646) 381-9222
          http://www.Keen-Summit.com/

                     About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.
The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors employed
PricewaterhouseCoopers LLP as financial advisors; and KPMG LLP as
their auditor and tax consultant.

SunEdison also has tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East. Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors retained Ernst &Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc. also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power, Inc.,
and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq. at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at Pillsbury
Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.


SUNGEVITY INC: Operations to Continue While in Chapter 11
---------------------------------------------------------
Sungevity, Inc., a technology-driven solutions provider, offering
exceptional service and choice to residential and commercial solar
energy customers, on March 13, 2017, disclosed that it has
commenced voluntary Chapter 11 proceedings in U.S. Bankruptcy Court
for the District of Delaware, in order to facilitate a financial
and corporate restructuring to strengthen its balance sheet and
recapitalize the company.  During the Chapter 11 proceedings, it is
expected that the company's operations will continue
uninterrupted.

In connection with the restructuring process, and under Section 363
of the Bankruptcy Code, the company has entered into an asset
purchase agreement with a group of investors, led by Northern
Pacific Group.  Under the terms of the agreement, Northern Pacific
Group will acquire substantially all of the company's assets,
including the equity interests in the European operations.  While
Sungevity's European operations are part of the transaction, their
day-to-day operations will not be impacted as a result of the
Chapter 11 proceedings in the U.S.  The purchase agreement sets the
floor, or minimum acceptable bid, for an auction under the
supervision of the court, which is designed to achieve the highest
available offer.  Sungevity expects to complete its financial
restructuring and sale through an expedited process.  A final sale
approval hearing and closing of the sale is expected to take place
by the end of April.

To provide capital for the company's operations and to fund the
auction and sale process, the group of investors has committed to
provide the company with up to $20 million in financing.  Subject
to interim court approval, the financing will be immediately
available to the company, to be used to fund the company's
day-to-day operations, and pay any expenses related to the Chapter
11 proceedings.

William Nettles, Sungevity's newly appointed Chief Administration
Officer, said "The agreement we have reached with the team led by
Northern Pacific Group and its co-investors is a testament to their
confidence in the future of Sungevity's business.  The actions we
have announced [Mon]day will allow Sungevity to emerge as a
stronger and more competitive company.  With its market-leading
software platform and its high quality employees who provide
unwavering commitment to customers and exceptional service,
Sungevity intends to be at the forefront of the industry as solar
continues on its growth trajectory in the years ahead."

"The Board and its advisors reviewed a range of options and
ultimately decided that a court-supervised sale represents the best
path forward for our customers, suppliers, employees and business
partners," said Andrew Birch, Sungevity's Chief Executive Officer.
"During the sale process, our team will remain committed to serving
our customers and delivering our industry leading service.  Our
ample
on-hand inventory and uninterrupted installment contracts position
us well to continue fulfilling our customers' orders.  Sungevity
has long been a pioneer in the field of residential solar
installation, and we believe that this represents a step forward
for the company."

The company has filed a number of customary pleadings with the
court, seeking authorization to pay certain prepetition
obligations, support its business operations, and transition them
through the sale process.  These include the payment of employee
wages, taxes, insurance, critical vendors, and utility providers,
as well as the continuation of the company's customer support
programs.  This will ensure that the company can continue to
operate and serve its customers without interruption.

                         About Sungevity

Sungevity, Inc., is a technology-driven solutions provider,
offering optimal service and choice to residential and commercial
solar energy customers.  Sungevity's asset-light business model
focuses on value-added in-house services for software platform
development, project management and customer experience; this focus
is enabled by a strong, scalable network of third-party providers
for asset-intensive and/or lower margined provision of hardware,
installation services and financing.  Sungevity's disruptive
competitive model delivers greater value directly to customers and,
for shareholders, captures immediate financial value at the time of
sale.


SUNGEVITY INC: Selling Solar Business to Northern Pacific for $51M
------------------------------------------------------------------
Sungevity, Inc., along with three affiliates, filed a voluntary
petition for reorganization under Chapter 11 in the U.S. Bankruptcy
Court for the District of Delaware after a failed merger with
Easterly Acquisition Corp. that resulted in a liquidity crisis.

Faced with pending default under their secured loan documents and
tightening liquidity, the Debtors decided to sell, absent higher
and better offers, substantially all of their assets to LSHC Solar
Holdings, LLC, a newly formed investment vehicle established by
Northern Pacific Group, and Hercules Capital, Inc., the Debtors'
senior secured prepetition lender, as stalking horse bidders.  The
sale is subject to approval of the court and higher and better
bids.

In early 2016, the Company found itself in the midst of liquidity
crisis brought on by its implementation of an aggressive growth
strategy that led to an overly leveraged balance sheet.  Sungevity
attempted to address its liquidity needs by pursuing out of court
options for nearly a year, but to no avail.

"Given the Debtors' liquidity constraints and the difficulty of
securing long term financing to support reorganization, the Debtors
and their advisors ultimately determined that a chapter 11 filing
would provide them with the best opportunity to conduct and
conclude a sale of their assets and thereby preserve their business
as a going concern and maximize value for their stakeholders," said
Andrew Birch, chief executive officer of Sungevity, in a
declaration filed with the court.

To provide capital for the Company's operations and to fund the
auction and sale process, LSHC as lender and Wilmington Trust,
National Association, as administrative agent, have agreed to
provide up to $20 million in financing pursuant to an agreement
dated March 13, 2017.  Subject to interim court approval, the
financing will be immediately available to the Company, to be used
to fund its day-to-day operations, and pay any expenses related to
the Chapter 11 proceedings.

William Nettles, Sungevity's newly appointed chief administration
officer, said "The agreement we have reached with the team led by
Northern Pacific Group and its co-investors is a testament to their
confidence in the future of Sungevity's business.  The actions we
have announced today will allow Sungevity to emerge as a stronger
and more competitive company.  With its market-leading software
platform and its high quality employees who provide unwavering
commitment to customers and exceptional service, Sungevity intends
to be at the forefront of the industry as solar continues on its
growth trajectory in the years ahead."

"The Board and its advisors reviewed a range of options and
ultimately decided that a court-supervised sale represents the best
path forward for our customers, suppliers, employees and business
partners," said Mr. Birch in a press release.  "During the sale
process, our team will remain committed to serving our customers
and delivering our industry leading service.  Our ample on-hand
inventory and uninterrupted installment contracts position us well
to continue fulfilling our customers' orders.  Sungevity has long
been a pioneer in the field of residential solar installation, and
we believe that this represents a step forward for the company."

                     Failed Merger with Easterly

As disclosed in court papers, Sungevity entered into a merger
agreement with Easterly, a special purpose acquisition corporation,
to address its liquidity needs and provide sufficient capital to
continue growing its business while meeting its financial
obligations on June 28, 2016.  Due to its rapid growth and
operations expansion, Sungevity has had a continuing need to borrow
funds or raise additional equity capital to achieve its longer term
business objectives.  The agreement had an initial purchase price
of approximately $350 million of Easterly common stock and was
later reduced to $250 million.

The Easterly merger was expected close before the end of 2016.
Upon the closing of the proposed merger, Sungevity was to be taken
public and would have been entitled to receive up to $200 million
in additional capital to fund its operations and continued growth.
However, Easterly's interest in closing the transaction wavered,
and, on Dec. 31, 2016, Easterly terminated the merger agreement.

Sungevity said that at the time it entered into the merger
agreement, it incurred significant transaction costs including
professional fees.  To minimize drains on their short term
liquidity, the Debtors took various cost-cutting measures,
including conducting a layoff of 91 employees on or about Jan. 12,
2017, and a second layoff of approximately 330 additional employees
on or about March 9, 2017, reducing their U.S. workforce to a total
of 260 employees.

Following the termination of the Easterly merger, Sungevity and its
advisors engaged in lengthy negotiations with a number of parties,
including certain of its existing lenders, regarding potential
bridge financing to address Sungevity's immediate short term
capital needs.  These negotiations culminated in the execution of a
bridge loan agreement on Jan. 30, 2017, which provided Sungevity
with $9.5 million of working capital to enable it continue
operating while it evaluated its options for resolving its long
term capital needs.

                  Proposed DIP Facility and Asset Sale

The Company has entered into an asset purchase agreement with a
group of investors, led by Northern Pacific and Hercules.  Under
the terms of the agreement, LSHC will acquire substantially all of
the Company's assets, including the equity interests in the
European operations.  While Sungevity's European operations are
part of the transaction, their day-to-day operations will not be
impacted as a result of the Chapter 11 proceedings in the U.S.  

The purchase agreement sets the floor, or minimum acceptable bid,
for an auction under the supervision of the court, which is
designed to achieve the highest available offer.  Sungevity expects
to complete its financial restructuring and sale through an
expedited process.  A final sale approval hearing and closing of
the sale is expected to take place by the end of April.

The purchase price consists of: (a) up to $50 million, subject to
adjustments, in the form of a credit bid, comprised of (i) $30
million in respect of prepetition senior secured indebtedness owed
to Hercules under the Hercules Facility, and (ii) and up to $20
million in respect of obligations under the DIP Facility; (b) $1
million in cash disbursed under the DIP Facility, which will remain
with the Debtors' estates; and (c) the assumption of liabilities.

The Debtors have also filed a motion seeking approval of LSHC and
Hercules as stalking horse bidders, and proposed bidding
procedures.

The Debtors engaged Ducera Securities LLC as restructuring advisor
and Greentech Capital Advisors as special industry banker to assist
in the marketing process.

                      First Day Motions

The Company has filed a number of customary pleadings with the
court, seeking authorization to pay certain prepetition
obligations, support its business operations, and transition them
through the sale process.  These include the payment of employee
wages, taxes, insurance, critical vendors, and utility providers,
as well as the continuation of the Company's customer support
programs.  This will ensure that the company can continue to
operate and serve its customers without interruption.

                 About Northern Pacific Group

Northern Pacific Group -- http://www.northernpacificgroup.com/--
is a Wayzata, MN-based private equity firm investing in rapidly
growing businesses that serve enterprise customers.  Northern
Pacific Group seeks to drive collaborative achievement at portfolio
companies in partnership with ownership groups and management
teams.

Contact Details:

   Tom Williams
   Tel: (415) 671-7676
   Email: npg@brunswickgroup.com

                       About Sungevity

Headquartered in Oakland, California, Sungevity, Inc. --
www.sungevity.com -- delivers custom-designed solar energy products
to customers in residential and commercial markets via an extensive
network of third-party relationships.  Sungevity remotely designs
the Sungevity Energy Systems, and outsources all commodity and
non-core activities related to the production and installation of
Sungevity Energy Systems, including origination, manufacturing,
delivery, financing, and maintenance services.  Sungevity owns the
software platform and its network of partnerships, but does not own
trucks, installers or manufacturing facilities.

Formed in 2006, Sungevity has locations in California, Colorado,
Connecticut, Delaware, District of Columbia, Maryland,
Massachusetts, New Mexico, New Jersey, New York, North Carolina,
Rhode Island, and Vermont.  Sungevity has other subsidiaries in the
Netherlands, Belgium and the United Kingdom.

Each of Sungevity, Inc., Sungevity SD, LLC Sungevity Development,
LLC and Sungevity International Holdings, LLC filed a voluntary
petition under Chapter 11 of the Bankruptcy Code on March 13, 2017.
The cases are pending joint administration before the Honorable
Laurie Selber Silverstein.  Sungevity's direct subsidiary Sungevity
Short Hills 2012, LLC is not a Debtor in these Chapter 11 cases.

As of the Petition Date, the Debtors have $145.6 million in funded
debt.  In addition, the Debtors have unsecured prepetition
obligations relating to other unsecured indebtedness including a
cash collateralized letter of credit, taxes, and trade payables
totaling $25.8 million.

During the Chapter 11 proceedings, it is expected that the Debtors'
operations will continue uninterrupted.

Contact Details:

   John Ordona
   Tel: (510) 496-5673
   Email: jordona@sungevity.com


T-MOBILE USA: Moody's Rates Proposed $500MM Sr. Unsec. Notes Ba3
----------------------------------------------------------------
Moody's Investors Service assigned Ba3 ratings to T-Mobile USA,
Inc.'s proposed offerings of up to $500 million of senior unsecured
notes due 2022, up to $500 million of senior notes due 2025, and up
to $500 million of senior notes due 2027. T-Mobile expects to use
the net proceeds from the notes to refinance debt. The outlook is
stable.

Moody's has taken action on the following rating actions:

Assignments:

Issuer: T-Mobile USA, Inc.

-- Gtd Senior Unsecured Regular Bond/Debenture, Assigned
    Ba3 (LGD4)

RATINGS RATIONALE

T-Mobile's Ba3 corporate family rating reflects Moody's
expectations for sustained market share gains as innovative
offerings, improving network performance and good customer service
attract new customers. T-Mobile's cash flows have improved as it
has gained scale, but high capex to support rapid growth results in
approximate break even free cash flow (as Moody's define it). The
company has strong liquidity and valuable spectrum assets that also
provide credit support. These strengths are offset by the company's
distant third position in the highly competitive U.S. wireless
industry, the capital intensity associated with building out its 4G
LTE network to manage rapidly rising bandwidth demand, weak
(relative to its larger peers) margins and a moderately leveraged
balance sheet.

The rating does not receive any lift as a result of Deutsche
Telekom AG's ("DT", rated Baa1) ownership stake. However,
concurrent with the public notes offering, DT may purchase up to
$3.5 billion in aggregate principal amount of additional notes, of
which $1.0 billion would be incremental cash proceeds and $2.5
billion would be to redeem existing notes held by DT ($1.25 billion
2019, $1.25 billion 2020). Following these transactions, DT's
holdings of unsecured notes will increase by $1.0 billion to $6.6
billion. In addition, DT is the lender to T-Mobile for its recently
issued $4.0 billion secured term loan and its $2.5 billion
revolving credit facility ($1.5 billion secured, $1.0 billion
unsecured). Further, T-Mobile has the option of issuing an
additional $4.0 billion of unsecured notes to DT at any time
through May 31, 2017. Should T-Mobile utilize all its committed
funding sources, DT's total debt holdings could rise to $17.1
billion (assuming full draw on the revolver), or approximately 50%
of total debt capital including capital leases and tower
obligations.

T-Mobile's rating could be upgraded if leverage is on track to fall
below 4.0x and free cash flow were to improve to the high single
digits percentage of total debt (all cited financial metrics are
referenced on a Moody's adjusted basis). Downward rating pressure
could develop if T-Mobile's leverage is sustained above 4.5x and
free cash flow deteriorates. This could occur if EBITDA margins
come under sustained pressure or if future debt-funded spectrum
purchases significantly exceed Moody's expectations. In addition, a
deterioration in liquidity could pressure the rating downward.
T-Mobile's leverage was approximately 3.9x (Moody's adjusted) as of
12/31/16.

The principal methodology used in these ratings was
Telecommunications Service Providers published in January 2017.


TABLE LLC: April 20 Plan Confirmation Hearing
---------------------------------------------
Judge Roberta A. Colton of the U.S. Bankruptcy Court for the Middle
District of Florida conditionally approved the disclosure statement
explaining The Table, LLC's plan of reorganization, and scheduled
an evidentiary hearing to be held on April 20, 2017, at 1:30 P.M.,
to consider final approval of the disclosure statement and to
conduct a confirmation hearing.

Objections to approval of the Disclosure Statement or confirmation
of the Plan must be filed no later than seven days before the date
of the Confirmation Hearing.

The Table, LLC, filed a Chapter 11 bankruptcy petition (Bankr. M.D.
Fla. Case No. 16-07294) on November 7, 2016, disclosing under $1
million in both assets and liabilities.

The Debtor is represented by Jeffrey Ainsworth, Esq., at
BransonLaw.

An official committee of unsecured creditors has not been appointed
in the Chapter 11 case of The Table, LLC as of Dec. 12, according
to a court docket.


TALLAHASSEE INDOOR: Unsecured Creditors to Get 10% Over 5 Years
---------------------------------------------------------------
Tallahassee Indoor Shooting Range LLC proposes to pay general
unsecured creditors 10% of their allowed claims with the payment to
be distributed as follows: quarterly payments for five years
following the confirmation order date of the Debtor's plan of
reorganization.

Class 2A - secured claim of Internal Revenue Service in the amount
of $25,238 will be paid quarterly at $1,200 per quarter from June
30, 2017, through March 31, 2022, at 3% interest.

Class 2A - secured claim of Florida Department of Revenue in the
amount of $5,086 will be paid quarterly at $292.44 per quarter from
June 30, 2017, through March 31, 2022, at 3% interest.

Class 2A - secured claim of Mowery Law Firm in the amount of
$75,000 will be paid $1,500 per month.

Class 2A - secured claim of Marlin Business Bank in the amount of
$36,726 will be paid $367.20 per quarter from June 30, 2017,
through March 31, 2022.

Payments and distributions under the Plan will be funded by the
business revenue from the Debtor's principal business operations.

A full-text copy of the Disclosure Statement dated Feb. 17, 2017,
is available at http://bankrupt.com/misc/flnb16-40407-47.pdf

                    About Tallahassee Indoor

Tallahassee Indoor Shooting Range LLC sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Fla. Case No.
16-40407) on Aug. 26, 2016.  The petition was signed by Robert W.
Kornegay Sr., managing member.  

The Debtor is represented by Robert Bruner, Esq.  The Debtor also
hired J. Stanley Chapman, Esq., at Equels Law Firm to represent the
Debtor in a lawsuit it filed against Blueprint 2000
Intergovernmental Agency in the Circuit Court of Leon County,
Florida.

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of less than $1 million.


TANGOE INC: Delisted by Nasdaq; Trading to Halt Starting March 14
-----------------------------------------------------------------
Tangoe, Inc., a global provider of IT and Telecom Expense
Management (TEM) software and related services, on March 10, 2017,
disclosed that, as expected, it received notice from the Nasdaq
Hearings Panel (the "Panel") that the Panel has determined to
delist Tangoe's common stock from the Nasdaq Stock Market and will
suspend the trading of shares of Tangoe common stock from the
Nasdaq Global Select Market effective at the open of business on
Tuesday, March 14, 2017.

The Panel's determination was made in connection with Tangoe's
previously disclosed non-compliance with Securities Exchange Act of
1934, as amended (the "Exchange Act") filing requirements, as set
forth in Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule").

Following the suspension of trading of Tangoe's common stock from
NASDAQ, the Company expects for its stock to trade on the OTC
Markets Group Inc. (the "Pink Sheets") under the ticker TNGO.

Separately, Tangoe continues to work diligently toward completing
its financial restatement process and plans to achieve compliance
with its Exchange Act reporting obligations and plans to seek
relisting as soon as practicable.  Additionally, the Board of
Directors continues to evaluate Tangoe's strategic options, which
include the previously disclosed, non-binding acquisition proposal
from Marlin Management Company, LLC, in line with the Board's
commitment to act in stockholders' best interests.

As previously disclosed, on November 9, 2016, the Panel had
determined to continue the Company's common stock listing until
March 10, 2017 to provide the Company the opportunity to regain
compliance with the Listing Rule by such date.  Also as previously
disclosed, following a determination by the Audit Committee of the
Company's Board that it was unlikely that the Company would be able
to complete its ongoing restatement of its financial statements by
March 10, 2017, the Company informed Nasdaq on December 30, 2016
that it was unlikely to regain compliance with the Listing Rule by
March 10, 2017.  In January 2017, the Company had also received a
deficiency letter from Nasdaq regarding its non-compliance with
Nasdaq Listing Rule 5620(a) for its failure to hold an annual
meeting of stockholders no later than December 31, 2016.

                          About Tangoe

Tangoe, Inc. (NASDAQ:TNGO) -- http://www.tangoe.com/-- is a global
provider of IT and Telecom Expense Management (TEM) software and
related services to a wide range of global enterprises and service
providers.  Tangoe helps companies transform the management of IT
assets, services, expenses, and usage to create business value,
increase efficiency, and deliver a positive impact to the bottom
line.

Tangoe is a registered trademark of Tangoe, Inc.


TEXAS PELLETS: Files Chapter 11 Plan of Liquidation
---------------------------------------------------
Texas Pellets, Inc., filed with the U.S. Bankruptcy Court for the
Eastern District of Texas a disclosure statement dated March 1,
2017, in support of the Debtor's joint Chapter 11 plan of
liquidation.

Class 1 consists of the Bond Trustee Secured Claim, which is
allowed in the amount of $184,675,000 in unpaid principal plus
accrued and unpaid interest of $4,835,697.22 as of the Petition
Date.  Based on the Debtors' review and information and in
accordance with the DIP and cash collateral court order, the Bond
Trustee Secured Claim is a first priority secured claim as to
substantially all of the Debtors' assets.  Class 1 is impaired
under the Plan.

The Bond Trustee Secured Claim will be deemed allowed in full.  The
holder of the Bond Trustee Secured Claim will receive the
following, up to the amount of the Bond Trustee Secured Claim: (i)
on or before the Effective Date, payment in cash of all remaining
sale proceeds (less the Distribution Reserve and the Bond Trustee
Carve Out Payment), if any, to the extent not already paid under
the provisions of the sale court order; and (ii) payment of the
Distribution Reserve Balance, on or before the date which is five
business days following the date on which all required payments
from the Distribution Reserve are made under this Plan, and all
Disputed Claims subject to payment from the Distribution Reserve
are resolved by final court order.

The holder of the Bond Trustee Secured Claim will have an Allowed
Deficiency Claim in the amount of $189,510,697.22 less all payments
received by the Bond Trustee from the Sale Proceeds and
Distribution Reserve Balance.

After all required payments of Sale Proceeds are made under the
Sale Order and under the terms of this Plan to (i) the DIP Lender
for any amounts outstanding under the DIP Loan; (ii) the
Liquidating Trustee for deposit in the Distribution Reserve; (iii)
the Bond Trustee on account of the Bond Trustee Secured Claim; (iv)
the Liquidating Trustee in the amount of the Bond Trustee Carve Out
Payment; (v) holders of Allowed Secured Claims; and (vi) Bond
Trustee from the Distribution Reserve Balance; the following sums,
will be paid to the Liquidating Trust for the benefit of holders of
Classes 3(a) and 3(b) - Unsecured Claims: (x) any remaining balance
from Sale Proceeds (if any), (y) any remaining Distribution Reserve
Balance (if any), and (z) any proceeds from the sale of excluded
assets to the extent the Excluded Assets are not subject to the
liens of the Bond Trustee or another holder of an Allowed Secured
Claim.  Any such payment to the Liquidating Trust, if made, shall
be applied and held by the Liquidating Trustee in an allocation
between the respective Estates of TPI and GPTX as determined by the
Liquidating Trustee, subject to approval of the Bankruptcy Court.
Allowed Class 3(a) Claims will receive a pro rata distribution from
the amount allocated for the estate of TPI and Allowed Class 3(b)
Claims will receive a pro rata distribution from the amount
allocated for the Estate of GPTX.

Pursuant to the terms of the Liquidating Trust Agreement, the
Liquidating Trustee may reserve all or part of any payment received
from the Bond Trustee Carve Out Payment, the Sale Proceeds (if
any), or otherwise, to fund the Liquidating Trust.  Holders of
Allowed Unsecured Claims in Class 3(a) will receive a pro rata
distribution of available cash attributable to the Estate of TPI
which the Liquidating Trustee elects to distribute on an Interim
Distribution Date.

Holders of Allowed Unsecured Claims in Class 3(b) will receive a
pro rata distribution of available cash attributable to the Estate
of GPTX which the Liquidating Trustee elects to distribute on an
Interim Distribution Date.

The Liquidating Trustee will distribute available cash, if any, pro
rata to holders of Allowed Claims in Class 3(a) and Class 3(b)
under the terms of the Liquidating Trust Agreement on one or more
Interim Distribution Date(s).  The distributions will be made to,
respectively, (i) Class 3(a) Claims from recoveries solely
attributable to the Estate of TPI and (ii) to Class 3(b) Claims
from recoveries solely attributable to the Estate of GPTX.  To the
extent recoveries are not solely attributable to either the Estate
of TPI or the Estate of GPTX, they will be distributed pro rata to
all holders of both Class 3(a) and Class 3(b) Claims.  In the event
that Class 3(a) Claims or Class 3(b) Claims are paid in full and
there exists remaining available cash as to the respective Debtor,
holders of allowed claims in the class will receive interest at the
plan rate.

The Liquidating Trust will liquidate retained causes of action for
the benefit of unsecured claims.  Any recovery is speculative, but
will be in addition to any Sale Proceeds received, and the Bond
Trustee Carve Out Payment of $75,000.

The "Effective Date" of the Plan will be the day mutually agreed
upon between the Debtors and the Bond Trustee, which shall be no
later than three Business Days after all of these conditions have
been either satisfied or waived by the Debtors and the Bond
Trustee:

     -- the Sale pursuant to the Sale Order will have closed;
     -- the Sale Proceeds will have been tendered and paid by
        purchaser in full;

     -- the Distribution Reserve will have been funded from Sale
        Proceeds; and

     -- the Confirmation Order, in form and substance satisfactory

        to the Debtors and the Bond Trustee, will have become a
        Final Order.

The property of the Debtors' Estates not transferred pursuant to
the Sale Order or under the transactions otherwise contemplated by
the Plan (including without limitation, the Excluded Assets), will
vest in the Liquidating Trust on the Effective Date, subject to
existing liens, claims, charges, or other encumbrances, and subject
to required disbursements of funds under the terms of the Plan.
On the Effective Date, the Liquidating Trust will be created.  The
Liquidating Trust will be governed by the Liquidating Trust
Agreement, the Plan, and the Confirmation Order.  The terms of the
employment of the Liquidating Trustee shall be set forth in the
Liquidating Trust Agreement and the Confirmation Order.  On the
Effective Date, the Debtors and Reorganized Debtors shall transfer
to the Liquidating Trust the Excluded Assets (including without
limitation the Retained Causes of Action).  All transfers to the
Liquidating Trust shall be subject to all Liens, claims, interests
and encumbrances, including but not limited to the Liens of the
Bond Trustee.  Holders of Allowed Unsecured Claims will look solely
to the Liquidating Trust for the satisfaction of their Claims.  For
federal income tax purposes, the transfer of the identified assets
to the Liquidating Trust will be deemed to be a transfer to the
holders of Allowed Claims (who are the Liquidating Trust
beneficiaries), followed by a deemed transfer by beneficiaries to
the Liquidating Trust.

The powers, obligations, and limitations of the Liquidating Trust,
as well as other considerations, are set forth in Articles 9.11
through 9.15 of the Plan.

A copy of the Disclosure Statement is available at:

         http://bankrupt.com/misc/txeb16-90126-365.pdf

                      About Texas Pellets

Texas Pellets, Inc., based in Woodville, Texas, filed a Chapter 11
petition (Bankr. E.D. Tex. Case No. 16-90126) on April 30, 2016.
The petition was signed by Anna Katherin Leibold, president and
chief executive officer.

German Pellets Texas, LLC, also based in Woodville, Texas, filed a
Chapter 11 petition (Bankr. E.D. Tex. Case No. 16-90127) on  April
30, 2016.  The petition was signed by Peter H. Leibold, its chief
executive officer.  

The cases have been jointly administered under Texas Pellets' case.
Judge Bill Parker presides over the cases.

The Debtors employ William Steven Bryant, Esq., at Locke Lord LLP
as their legal counsel; Searcy & Searcy, P.C. as local/conflicts
co-counsel; and Guggenheim Securities, LLC as investment banker.
Bryan M. Gaston, and the firm Opportune, LLP, serve as the Debtors'
Chief Restructuring Officer.

No Chapter 11 trustee or examiner has been appointed in these
Bankruptcy Cases.  An official committee of unsecured creditors was
appointed on May 17, 2016.


THOMAS J. GOLDSTEIN: Compass Bank to Get 100% in 24 Mos., with 3%
-----------------------------------------------------------------
Thomas J. Goldstein, OD, P.A., dba Pearl Vision # 8636, filed with
the U.S. Bankruptcy Court for the Western District of Texas a
second amended disclosure statement dated March 1, 2017, referring
to the Debtor's plan of reorganization.

The Class 2 Secured claim of BBVA Compass Bank -- estimated at
$23,869.83 -- will be paid over a period of 24 months, the entire
100% of the debt, with 3% interest per year.

The Second Amended Disclosure Statement estimates BBVA's secured
claim for the Line of Credit is $23,869.83.  The prior Disclosure
Statement estimated BBVA's secured claim for the Line of Credit at
$21,097.37.  The Second Amended Disclosure Statement also provides
that the current balance in BBVA's secured claim for the SBA Loan
is $86,000.  The prior Disclosure Statement estimated BBVA's
secured claim for the SBA Loan at $177,015.

The Second Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/txwb15-52167-107.pdf

As reported by the Troubled Company Reporter on Feb. 16, 2017, the
Debtor on Feb. 7 filed with the Court a disclosure statement, which
explains its latest plan to exit Chapter 11 protection.  Under that
plan, the claim of Willis & Wilkins LLP, the Debtor's bankruptcy
counsel, is classified in Class 1 and would be paid from the
retainer.  The Debtor's litigation counsel would receive up to
$100,000 while its accountant will receive up to $12,000.

                    About Thomas J. Goldstein

Thomas J. Goldstein, OD, P.A., dba Pearl Vision # 8636, sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D.
Tex. Case No. 15-52167) on Sept. 3, 2015.  The petition was signed
by Thomas J. Goldstein, president.  The Debtor is represented by
Willis & Wilkins, LLP.

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of less than $500,000.


TIDEWATER INC: Debt Covenant Waivers Extended Until March 27
------------------------------------------------------------
As previously reported, Tidewater Inc. has been in discussions with
its principal lenders and noteholders to amend the company's
various debt arrangements to obtain relief from certain covenants.
Pending the resolution of those discussions, the company had
previously received limited waivers from the necessary lenders and
noteholders which waived compliance with these covenants until
March 13, 2017.  The company has now received extensions of those
waivers until March 27, 2017.

Tidewater is a provider of OSVs to the global energy industry.



TOSHIBA CORP: Westinghouse Brings in Bankruptcy Lawyers
-------------------------------------------------------
The American Bankruptcy Institute, citing Jessica DiNapoli and
Makiko Yamazaki of Reuters, reported that Toshiba Corp.'s U.S.
nuclear firm Westinghouse Electric Co. LLC has hired bankruptcy
lawyers from Weil Gotshal & Manges as an "exploratory step."

According to Reuters, the hiring of Weil Gotshal is a sign that
owner Toshiba Corp is more seriously weighing a Chapter 11 filing
as an option to help it rein in a multi-billion dollar financial
maelstrom.

The news comes as the Japanese conglomerate faces huge pressure to
meet a March 14 deadline to publish audited earnings, postponed a
month ago so that it could probe potential problems at Westinghouse
further, the report related.

It is also pushing forward with the sale of most or even all of its
prized flash memory chip business, as it seeks to plug not only an
upcoming $6.3 billion writedown for Westinghouse but also to create
a buffer against future financial problems, the report further
related.

Toshiba said it was not aware of any intention for Westinghouse to
file for Chapter 11 bankruptcy, the report noted.

Sources familiar with the company have said, however, it is one of
several options being considered as it struggles to limit losses in
the United States where it is facing cost overruns at two projects,
the report said.  It has also hired a Japanese law firm to help
estimate the impact of a U.S. bankruptcy for the broader group, the
report added, citing the sources.

One source with direct knowledge of the matter said the likelihood
of Toshiba meeting its March 14 deadline was 'fifty-fifty' as
Westinghouse auditors and lawyers were fussing over details, the
report said.  If it fails to meet that deadline it has until March
27 to file or could face a delisting, the report added.

                        About Toshiba

Toshiba Corporation (TYO:6502) -- http://www.toshiba.co.jp/-- is  

a Japan-based manufacturer involved in five business segments.
The Digital Products segment offers cellular phones, hard disc
devices, optical disc devices, liquid crystal televisions, camera
systems, digital versatile disc (DVD) players and recorders,
personal computers (PCs) and business phones, among others.  The
Electronic Device segment provides general logic integrated
circuits (ICs), optical semiconductors, power devices, large-
scale integrated (LSI) circuits for image information systems and
liquid crystal displays (LCDs), among others.  The Social
Infrastructure segment offers various generators, power
distribution systems, water and sewer systems, transportation
systems and station automation systems, among others.  The Home
Appliance segment offers refrigerators, drying machines, washing
machines, cooking utensils, cleaners and lighting equipment.  The
Others segment leases and sells real estate.

As reported in the Troubled Company Reporter-Asia Pacific on
Dec. 30, 2016, Moody's Japan K.K. downgraded Toshiba
Corporation's corporate family rating (CFR) and senior unsecured
rating to Caa1 from B3.  Moody's has also downgraded Toshiba's
subordinated debt rating to Ca from Caa3, and affirmed its
commercial paper rating of Not Prime. At the same time, Moody's
has placed Toshiba's Caa1 CFR and long-term senior unsecured bond
rating, as well as its Ca subordinated debt rating under review
for further downgrade.

The TCR-AP reported on Jan. 26, 2017, that S&P Global Ratings
said it has lowered its long-term corporate credit rating on
Toshiba Corp. to 'CCC+' and its short-term corporate credit and
commercial paper program ratings on the company to 'C', all by
one notch.  All of these ratings remain on CreditWatch with
negative implications.  S&P also lowered its senior unsecured
debt rating on Toshiba two notches to 'B-' from 'B+' and kept the
rating on CreditWatch negative.  On Dec. 28, 2016, S&P placed the
long- and short-term ratings on Toshiba on CreditWatch with
negative implications at the same time as lowering the long-term
ratings, in response to Toshiba's announcement that it might
recognize several JPY100 billion in impairment losses related to
goodwill arising from its acquisition of a nuclear power business
through U.S.-based Westinghouse Electric Co. LLC, because the
goodwill far exceeded the company's initial estimates.


TOTAL EHR: Hires Danowitz Legal as Bankruptcy Counsel
-----------------------------------------------------
Total EHR, LLC, seeks authority from the U.S. Bankruptcy Court for
the Northern District of Georgia to employ Danowitz Legal, P.C. as
bankruptcy counsel to the Debtor.

Total EHR requires Danowitz Legal to:

   a. provide legal services which may be necessary in the
      administration of the Bankruptcy Case;

   b. prepare or amend schedules;

   c. represent in contested matters and adversary proceedings;
      and

   d. prepare a plan of reorganization and disclosure statement,
      and other matters which may arise during the administration
      of the bankruptcy case.

Danowitz Legal will be paid at these hourly rates:

     Attorney                 $350
     Associate                $275
     Paralegal                $110

Danowitz Legal will be paid a retainer in the amount of $10,000,
plus filing fee of $1,717.

Danowitz Legal will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Edward F. Danowitz, partner of Danowitz Legal, P.C., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Danowitz Legal can be reached at:

     Edward F. Danowitz, Esq.
     DANOWITZ LEGAL, P.C.
     300 Galleria Parkway NW, Suite 960
     Atlanta, GA 30339
     Tel: (770) 933-0960
     E-mail: Edanowitz@DanowitzLegal.com

              About Total EHR, LLC

Total EHR, LLC, filed a Chapter 11 bankruptcy petition (Bankr. N.D.
Ga. Case No. 17-53995) on March 3, 2017, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Edward F. Danowitz, Esq., at Danowitz Legal, P.C.



TWH LIMITED: Hires Bingham & Lea as Special Counsel
---------------------------------------------------
TWH Limited Partnership, seeks authority from the U.S. Bankruptcy
Court for the Western District of Texas to employ Bingham & Lea,
P.C. as special counsel to the Debtor.

TWH Limited requires Bingham & Lea to represent the Debtor in the
following litigations:

   1. forcible detainer proceedings filed by the Debtor against
      such entities in Montgomery County, Texas, as well as
      subsequent appeals from a judgment for possession in favor
      of the Debtor; and

   2. civil action filed against the Debtor styled 25807 TWH Ltd.
      and 25807 TWH GP, LLC vs. TWH Limited Partnership.

Bingham & Lea will be paid at the hourly rate $250.

The Debtor paid Bingham & Lea on January 2017, and there was an
unbilled amount of $2,275 due on the date the Debtor filed the
Chapter 11 case.

Bingham & Lea will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Royal B. Lea, III, member of Bingham & Lea, P.C., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Bingham & Lea can be reached at:

     Royal B. Lea, III, Esq.
     BINGHAM & LEA, P.C.
     319 Maverick Street
     San Antonio, TX 78212
     Tel: (210) 224-1819
     Fax: (210) 224-0141
     E-mail: royal@binghamandlea.com

              About TWH Limited Partnership

TWH Limited Partnership, based in San Antonio, TX, filed a Chapter
11 petition (Bankr. W.D. Tex. Case No. 17-50273) on February 5,
2017. The Hon. Craig A. Gargotta presides over the case. H. Anthony
Hervol, Esq., at the Law Office of H. Anthony Hervol, to serve as
bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $500,000 to $1 million in liabilities. The petition was
signed by Howard Y. Hu, president of Howard Hu, Inc. - general
partner.



TWH LIMITED: Hires Salazar as Real Estate Broker
------------------------------------------------
TWH Limited Partnership, seeks authority from the U.S. Bankruptcy
Court for the Western District of Texas to employ David Salazar as
real estate broker to the Debtor.

TWH Limited requires Salazar to market and sell the following
properties of the Debtor:

   a. Real property and improvements previously used for
      commercial purposes which is located at 25807 IH 45,
      Spring, Texas 77380; and

   b. Residential real property and improvements located at 25810
      Oak Ridge Dr., Spring, Texas 77380. The residential
      property is located directly behind the commercial property
      on a contiguous lot.

Salazar will be paid at a commission of 2% of the gross sale price
of the commercial real property, and 2% of the gross sale price of
the residential real property.

David Salazar assured the Court that he is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtor and its
estates.

Salazar can be reached at:

     David R. Salazar
     3618 Fossil Creek
     San Antonio, TX 78261
     Tel: (210) 415-0675
     E-mail: dsalazarsatx@yahoo.com

              About TWH Limited Partnership

TWH Limited Partnership, based in San Antonio, TX, filed a Chapter
11 petition (Bankr. W.D. Tex. Case No. 17-50273) on February 5,
2017. The Hon. Craig A. Gargotta presides over the case. H. Anthony
Hervol, Esq., at the Law Office of H. Anthony Hervol, to serve as
bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $500,000 to $1 million in liabilities. The petition was
signed by Howard Y. Hu, president of Howard Hu, Inc. - general
partner.



TWH LIMITED: Taps H. Anthony Hervol as Legal Counsel
----------------------------------------------------
TWH Limited Partnership seeks approval from the U.S. Bankruptcy
Court for the Western District of Texas to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire the Law Office of H. Anthony Hervol to
give legal advice regarding its duties under the Bankruptcy Code,
assist in the preparation of a plan of reorganization, take
necessary action to collect property of its bankruptcy estate, and
provide other legal services.

The firm will charge an hourly rate of $285 for its services.

Hervol does not represent any interest adverse to the Debtor or its
bankruptcy estate, according to court filings.

The firm can be reached through:

     H. Anthony Hervol, Esq.
     Law Office of H. Anthony Hervol
     4414 Centerview Road, Suite 200
     San Antonio, TX 78238
     Phone: (210) 522-9500
     Fax: (210) 522-0205
     Email: hervol@sbcglobal.net

                 About TWH Limited Partnership

TWH Limited Partnership sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Texas Case No. 17-50273) on February
5, 2017.  The petition was signed by Howard Y. Hu, president of
Howard Hu, Inc., a general partner.  

The case is assigned to Judge Craig A. Gargotta.

At the time of the filing, the Debtor estimated assets of $1
million to $10 million and liabilities of less than $1 million.


UNITED ROAD: Committee Taps Gavin/Solmonese as Financial Advisor
----------------------------------------------------------------
The Official Committee of Unsecured Creditors of United Road
Towing, Inc., et al., seek authorization from the U.S. Bankruptcy
Court for the District of Delaware to retain Gavin/Solmonese LLC as
financial advisor to the Committee.

The Committee requires Gavin to:

   a) review and analyze the businesses, management, operations,
      properties, financial condition and prospects of the
      Debtors;

   b) review and analyze historical financial performance, and
      transactions between and among the Debtors, their
      creditors, affiliates and other entities;

   c) review the assumptions underlying the business plans and
      cash flow projections for the assets involved in any
      potential asset sale or plan of reorganization;

   d) determine the reasonableness of the projected performance
      of the Debtors, both historically and future;

   e) monitor, evaluate and report to the Committee, with respect
      to the Debtors' near-term liquidity needs, material
      operational changes and related financial and operational
      issues;

   f) review and analyze all material contracts and agreements;

   g) assist  and  procure  and  assemble any necessary
      validations of asset values;

   h) provide ongoing assistance to the Committee and the
      Committee's legal  counsel;

   i) evaluate the Debtors' capital structure and making
      recommendations to the Committee with respect to the
      Debtors' efforts to reorganize their business operations
      and confirm a restructuring or liquidating plan;

   j) assist the Committee in preparing documentation required in
      connection with creating, supporting or opposing a plan and
      participating in negotiations on behalf of the Committee
      with the Debtors or any groups affected by a plan;

   k) assist the Committee in marketing the Debtors' assets with
      the intent of maximizing the value received for any such
      assets from any such sale;

   1) provide ongoing analysis of the Debtors' financial
      condition, business plans, capital spending budgets,
      operating forecasts, management and the prospects
      for their future performance, and;

   m) provide such other tasks as the Committee or its counsel
      may reasonably request in the course of exercise of the
      Committee's duties in the bankruptcy case.

Gavin will be paid at these hourly rates:

     Edward T. Gavin, CTP                 $650
     Stanley W. Mastil                    $475
     Jeremy VanEtten                      $425

Gavin will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Edward T. Gavin, managing director of Gavin/Solmonese LLC, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and (a) are not
creditors, equity security holders or insiders of the Debtor; (b)
have not been, within two years before the date of the filing of
the Debtor's chapter 11 petition, directors, officers or employees
of the Debtor; and (c) do not have an interest materially adverse
to the interest of the estate or of any class of creditors or
equity security holders, by reason of any direct or indirect
relationship to, connection with, or interest in, the Debtor, or
for any other reason.

Gavin can be reached at:

     Edward T. Gavin
     GAVIN/SOLMONESE LLC
     919 N. Market Street, Suite 600
     Wilmington, DE 19801
     Tel: (302) 655-8997
     Fax: (302) 655-6063

              About United Road Towing, Inc.

Headquartered in Mokena, Illinois, United Road Towing, Inc. – dba
Good Buy Auto Auction, UR Vehicle Management Solutions, Quality
Towing, United Road Vehicle Management Solutions, and dba United
Road Towing-San Antonio -- and its affiliates provide towing,
recovery, impound, and vehicle management solutions services to
both the private and public sector. Through a portfolio of local
and regional brands operating across 10 different regions in eight
different states, the Company dispatches approximately 500,000
tows, manage over 200,000 impounds and sell over 38,000 vehicles
annually across the U.S.

United Road Towing, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case No. 17-10249) on Feb. 6, 2017.

These affiliates filed separate Chapter 11 bankruptcy petitions on
the same day: URT Holdings, Inc. (Bankr. D. Del. Case No.
17-10250), City Towing, Inc. (Bankr. D. Del. Case No. 17-10251),
URS West, Inc. (Bankr. D. Del. Case No. 17-10252), Bill & Wag's,
Inc. (Bankr. D. Del. Case No. 17-10253), Export Enterprises of
Massachusetts, Inc. (Bankr. D. Del. Case No. 17-10254), Pat's
Towing, Inc. (Bankr. D. Del. Case No. 17-10255), Keystone Towing,
Inc. (Bankr. D. Del. Case No. 17-10256), Ross Baker Towing, Inc.
(Bankr. D. Del. Case No. 17-10257), URT Texas, Inc. (Bankr. D. Del.
Case No. 17-10258), Mart Caudle Corporation (Bankr. D. Del. Case
No. 17-10259), Signature Towing, Inc. (Bankr. D. Del. Case No.
17-10260), WHW Transport, Inc. (Bankr. D. Del. Case No. 17-10261),
URS Southeast, Inc. (Bankr. D. Del. Case No. 17-10262), URS
Northeast, Inc. (Bankr. D. Del. Case No. 17-10263), URS Southwest,
Inc. (Bankr. D. Del. Case No. 17-10264), Fast Towing, Inc. (Bankr.
D. Del. Case No. 17-10265), E&R Towing and Garage, Inc. (Bankr. D.
Del. Case No. 17-10266), Sunrise Towing, Inc. (Bankr. D. Del. Case
No. 17-10267), Ken Lehman Enterprises, Inc. (Bankr. D. Del. Case
No. 17-10268), United Road Towing of South Florida, Inc. (Bankr. D.
Del. Case No. 17-10269), Rapid Recovery Incorporated (Bankr. D.
Del. Case No. 17-10270), United Road Towing Services, Inc. (Bankr.
D. Del. Case No. 17-10271), Arri Brothers, Inc. (Bankr. D. Del.
Case No. 17-10272), Rancho Del Oro Companies, Inc. (Bankr. D. Del.
Case No. 17-10273), CSCBD, Inc. (Bankr. D. Del. Case No. 17-10274),
UR VMS, LLC (Bankr. D. Del. Case No. 17-10275), URS Leasing, Inc.
(Bankr. D. Del. Case No. 17-10276), and UR Vehicle Management
Solutions, Inc. (Bankr. D. Del. Case No. 17-10277).

The petitions were signed by Michael Mahar, chief financial
officer.

Judge Laurie Selber Silverstein presides over the case.

Daniel J. McGuire, Esq., Grace D. D'Arcy, Esq., and Carrie V.
Hardman, Esq., at Winston & Strawn LLP serve as Debtors' general
counsel.

M. Blake Cleary, Esq., Ryan M. Bartley, Esq., and Andrew Magaziner,
Esq., at Young Conaway Stargatt & Taylor, LLP, serve as the
Debtors' Delaware counsel.

Getzler Henrich & Associates LLC is the Debtors' financial advisor.


SSG Advisors LLC is the Debtors' investment banker.

Rust Consulting/Omni Bankruptcy is the Debtors' noticing, claims
and balloting agent.

The Debtors estimated assets of between $10 million and $50 million
and debts of between $50 million and $100 million.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Feb. 16
appointed five creditors to serve on the official committee of
unsecured creditors appointed in the Chapter 11 cases of United
Road Towing, Inc., and its affiliates. The Committee has hired
Pachulski Stang Ziel & Jones LLP as counsel, and Gavin/Solmonese
LLC as financial advisor.


UNITED ROAD: Creditors' Panel Hires Pachulski as Counsel
--------------------------------------------------------
The Official Committee of Unsecured Creditors of United Road
Towing, Inc., et al., seeks authorization from the U.S. Bankruptcy
Court for the District of Delaware to retain Pachulski Stang Ziel &
Jones LLP as counsel to the Committee.

The Committee requires Pachulski to:

   a. assist, advise, and represent the Committee in its
      consultation with the Debtors regarding the administration
      of the banruptcy cases;

   b. assist, advise, and represent the Committee with respect to
      the Debtor's retention of professionals and advisors with
      respect to the Debtors' business and the bankruptcy cases;

   c. assist, advise, and represent the Committee in analyzing
      the Debtors' assets and liabilities, investigating the
      extent and validity of liens and participating in and
      reviewing any proposed asset sales, any asset dispositions,
      financing arrangements and cash collateral stipulations or
      proceedings;

   d. assist, advise and represent the Committee in any manner
      relevant to reviewing and determining the Debtors' rights
      and obligations under leases and other executor contracts;

   e. assist, advise and represent the Committee in investigating
      the acts, conduct, assets, liabilities and financial
      condition of the Debtors, the Debtors' operations and the
      desirability of the continuance of any portion of those
      operations, and any other matters relevant to the
      bankruptcy cases or to the formulation of a plan;

   f. assist, advise and represent the Committee in connection
      with any sale of the Debtors' assets;

   g. assist, advise and represent the Committee in its
      participation in the negotiation, formulation, or objection
      to any plan of liquidation or reorganization;

   h. assist, advise and represent the Committee in understanding
      its powers and its duties under the Bankruptcy Code and the
      Bankruptcy Rules and in performing other services as are in
      the interests of those represented by the Committee;

   i. assist, advise and represent the Committee in the
      evaluation of claims and on any litigation matters,
      including avoidance actions; and

   j. provide such other services to the Committee as may be
      necessary in the bankruptcy Cases.

Pachulski will be paid at these hourly rates:

     Partners                   $625-$1,245
     Counsel                    $575-$995
     Associates                 $450-$595
     Paralegals                 $325-$350

Pachulski will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Jeffrey N. Pomerantz, partner of Pachulski Stang Ziel & Jones LLP,
assured the Court that the firm and its professionals are a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and (a) are not creditors, equity security
holders or insiders of the Debtor; (b) have not been, within two
years before the date of the filing of the Debtor's chapter 11
petition, directors, officers or employees of the Debtor; and (c)
do not have an interest materially adverse to the interest of the
estate or of any class of creditors or equity security holders, by
reason of any direct or indirect relationship to, connection with,
or interest in, the Debtor, or for any other reason.

Pachulski can be reached at:

     Jeffrey N. Pomerantz, Esq.
     PACHULSKI STANG ZIEL & JONES LLP
     919 North Market Street, 17th Floor
     Wilmington, DE 19801
     Tel: (302) 652-4100
     Fax: (302) 652-4400
     E-mail: jpomerantz@pszjlaw.com

              About United Road Towing, Inc.

Headquartered in Mokena, Illinois, United Road Towing, Inc. – dba
Good Buy Auto Auction, UR Vehicle Management Solutions, Quality
Towing, United Road Vehicle Management Solutions, and dba United
Road Towing-San Antonio -- and its affiliates provide towing,
recovery, impound, and vehicle management solutions services to
both the private and public sector. Through a portfolio of local
and regional brands operating across 10 different regions in eight
different states, the Company dispatches approximately 500,000
tows, manage over 200,000 impounds and sell over 38,000 vehicles
annually across the U.S.

United Road Towing, Inc., filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case No. 17-10249) on Feb. 6, 2017.

These affiliates filed separate Chapter 11 bankruptcy petitions on
the same day: URT Holdings, Inc. (Bankr. D. Del. Case No.
17-10250), City Towing, Inc. (Bankr. D. Del. Case No. 17-10251),
URS West, Inc. (Bankr. D. Del. Case No. 17-10252), Bill & Wag's,
Inc. (Bankr. D. Del. Case No. 17-10253), Export Enterprises of
Massachusetts, Inc. (Bankr. D. Del. Case No. 17-10254), Pat's
Towing, Inc. (Bankr. D. Del. Case No. 17-10255), Keystone Towing,
Inc. (Bankr. D. Del. Case No. 17-10256), Ross Baker Towing, Inc.
(Bankr. D. Del. Case No. 17-10257), URT Texas, Inc. (Bankr. D. Del.
Case No. 17-10258), Mart Caudle Corporation (Bankr. D. Del. Case
No. 17-10259), Signature Towing, Inc. (Bankr. D. Del. Case No.
17-10260), WHW Transport, Inc. (Bankr. D. Del. Case No. 17-10261),
URS Southeast, Inc. (Bankr. D. Del. Case No. 17-10262), URS
Northeast, Inc. (Bankr. D. Del. Case No. 17-10263), URS Southwest,
Inc. (Bankr. D. Del. Case No. 17-10264), Fast Towing, Inc. (Bankr.
D. Del. Case No. 17-10265), E&R Towing and Garage, Inc. (Bankr. D.
Del. Case No. 17-10266), Sunrise Towing, Inc. (Bankr. D. Del. Case
No. 17-10267), Ken Lehman Enterprises, Inc. (Bankr. D. Del. Case
No. 17-10268), United Road Towing of South Florida, Inc. (Bankr. D.
Del. Case No. 17-10269), Rapid Recovery Incorporated (Bankr. D.
Del. Case No. 17-10270), United Road Towing Services, Inc. (Bankr.
D. Del. Case No. 17-10271), Arri Brothers, Inc. (Bankr. D. Del.
Case No. 17-10272), Rancho Del Oro Companies, Inc. (Bankr. D. Del.
Case No. 17-10273), CSCBD, Inc. (Bankr. D. Del. Case No. 17-10274),
UR VMS, LLC (Bankr. D. Del. Case No. 17-10275), URS Leasing, Inc.
(Bankr. D. Del. Case No. 17-10276), and UR Vehicle Management
Solutions, Inc. (Bankr. D. Del. Case No. 17-10277).

The petitions were signed by Michael Mahar, chief financial
officer.

Judge Laurie Selber Silverstein presides over the case.

Daniel J. McGuire, Esq., Grace D. D'Arcy, Esq., and Carrie V.
Hardman, Esq., at Winston & Strawn LLP serve as Debtors' general
counsel.

M. Blake Cleary, Esq., Ryan M. Bartley, Esq., and Andrew Magaziner,
Esq., at Young Conaway Stargatt & Taylor, LLP, serve as the
Debtors' Delaware counsel.

Getzler Henrich & Associates LLC is the Debtors' financial advisor.


SSG Advisors LLC is the Debtors' investment banker.

Rust Consulting/Omni Bankruptcy is the Debtors' noticing, claims
and balloting agent.

The Debtors estimated assets of between $10 million and $50 million
and debts of between $50 million and $100 million.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on Feb. 16
appointed five creditors to serve on the official committee of
unsecured creditors appointed in the Chapter 11 cases of United
Road Towing, Inc., and its affiliates. The Committee hires
Pachulski Stang Ziel & Jones LLP as counsel, Gavin/Solmonese LLC as
financial advisor.



UNIVERSAL WELL: Seeks to Retain Kenneth Conte as CFO
----------------------------------------------------
Universal Well Service Holdings, Inc. seeks approval from the U.S.
Bankruptcy Court for the Northern District of Texas to retain
Kenneth Conte, the company's chief financial officer.

Mr. Conte will continue to serve as CFO for the company through his
new employer, Bridgepoint Consulting LLC.

Mr. Conte joined Bridgepoint as a director on a full-time basis
early last month.  He was an independent contractor of Universal
Well prior to Feb. 1.

Universal Well will pay Mr. Conte an hourly fee of $280 for his
services.

Bridgepoint has no connections with Universal Well and its
creditors that would conflict with the services that will be
provided by the CFO, according to court filings.   

The firm can be reached through:

     Kenneth K. Conte
     William R. Patterson
     Bridgepoint Consulting LLC
     325 North St. Paul Street, Suite 2550
     Dallas, TX 75201
     Phone: 214-580-8440

                  About Universal Well Service

Universal Well Service Holdings, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case No.
16-40979) on March 2, 2016.  The petition was signed by Kenneth K.
Conte, chief financial officer.  The Debtor estimated assets of
$1 million to $10 million and debts of $10 million to $50 million.

The Debtor is represented by Joseph F. Postnikoff, Esq., at
Goodrich Postnikoff & Associates, LLP.  

On April 20, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee is
represented by Kilpatrick Townsend & Stockton LLP.


UPPER ROOM BIBLE: Wants Plan Filing Deadline Moved to May 8
-----------------------------------------------------------
The Upper Room Bible Church, Inc. asks the U.S. Bankruptcy Court
for the Eastern District of Louisianat to extend its exclusive
period to file a Chapter 11 plan through May 8, 2017, and its
exclusive solicitation period through July 7, 2017.

Absent the extension, the Debtor's plan filing deadline was slated
to expire on March 8, 2017.

The Debtor informs the Court that it is in the process of drafting
a plan and disclosure statement, however it recently switched
accountants and the new accountant requires additional time to
review prior financials and future projections.  The Debtor says it
intends to file a disclosure statement and plan no later than May
8.

              About The Upper Room Bible Church, Inc.

The Upper Room Bible Church, Inc. filed a Chapter 11 petition
(Bankr. E.D. La. Case No. 16-12757), on November 8, 2016,
disclosing under $1 million in both assets and liabilities. The
Petition was signed by Herbert H. Rowe, Jr. The Debtor is
represented by P. Douglas Stewart, Jr., Esq., Brandon A. Brown,
Esq., and Ryan J. Richmond, Esq., of Stewart Robbins & Brown, LLC.
Curtis A. Moret, Jr., LLC, has been tapped as accountant.


US STEEL: Finalizes Plan of Compromise Arrangement, Reorganization
------------------------------------------------------------------
Stelco, the name under which U. S. Steel Canada Inc. carries on
business, on March 10, 2017, disclosed that it has finalized a Plan
of Compromise, Arrangement and Reorganization (the "Plan") and
associated Information Circular, among other materials, for filing
with the Ontario Superior Court of Justice.  The purpose of the
Plan is to restructure Stelco's liabilities and to facilitate a
restructuring transaction (the "Proposed Transaction") between the
Company, Bedrock Industries Group LLC and other key stakeholders
that would result in the Company becoming a strong, and competitive
participant in the North American steel industry.  The Company
previously entered into an Acquisition and Plan Sponsor Agreement
("PSA") with Bedrock that set the framework for the Proposed
Transaction. Subject to Court approval, the PSA will be extended to
May 31, 2017.

"Sustained, constructive efforts from a number of parties have
gotten this process to the point where we can see light at the end
of the tunnel," said Bill Aziz, Chief Restructuring Officer,
Stelco.  "Stelco has an opportunity to re-emerge as a strong,
independent Canadian steel producer.  This is the best -- and only
-- outcome that addresses the interests of stakeholders."

Meetings of Affected Creditors

Stelco's Directors and the Company's Court-appointed Monitor, Ernst
& Young Inc. (the "Monitor"), believe that implementation of the
Plan and the various Stakeholder Agreements contemplated by it will
generate the highest reasonable value in a timely manner for
Affected Creditors (as defined in the Plan) and other creditors
given the available alternatives.  Under the Plan and related
Stakeholder Agreements, pensioners will continue to receive their
existing pensions, and a sizeable portion of their Other
Post-Employment Benefits ("OPEB").

Pending approval by the Court, Affected Creditors are asked to
review the Plan and the information about it and then vote to
approve the Plan at Meetings of the Affected Creditors.

In addition, other requisite Stakeholder Agreements are in the
process of being finalized and will need to be executed.

Supplementary Claims Process

A variety of potential claims were excluded from the initial
process for proving claims that was set out in the Claims Process
Order.  To facilitate consideration of and voting on the Plan, it
is necessary for Stelco and the Monitor to call for some of these
additional claims now.  Accordingly Stelco, in consultation with
the Monitor and various stakeholders, has developed a proposed
Supplementary Claims Process, which sets out procedures for the
filing and determination of all Non-USW OPEB Claims, Non-USW
Pension Claims, Supplementary Pension Claims, Non-USW Employee
Restructuring Claims, and D&O Claims.  A Motion regarding the
Supplementary Claims Process will be heard on March 15, 2017.
Further details regarding the Supplementary Claims Process can be
found in the Affidavit of William E. Aziz, regarding the
Supplementary Claims Process Order, sworn March 10, 2017 and in the
Information Circular.

Stay Extension

Stelco has been operating under Companies' Creditors Arrangement
Act ("CCAA") protection since being granted an initial stay of
proceedings in September of 2014.  The stay period was previously
extended to March 31, 2017.  Stelco will be requesting an extension
of the stay period to May 31, 2017.

Ernst & Young Inc., as the Court-appointed Monitor, continues to
oversee the business and financial affairs of the company during
the CCAA process.  Current Court filings, including the Plan of
Compromise, Arrangement and Reorganization, Information Circular
and information regarding a Supplementary Claims Process and other
information relevant to the restructuring process is available on
its website at http://www.ey.com/ca/USSC

Stelco will continue to provide updates as developments warrant.

                   About U.S. Steel Canada, Inc.

U.S. Steel Canada's operations are located at Lake Erie Works, a
fully integrated steelmaking facility, and at Hamilton Works, home
to cokemaking and finishing operations including its zinc-coating
facility, Z-Line.  U.S. Steel Canada has the capability of
producing approximately 2.6 million tons of steel annually and
employs approximately 2,000 people.

U.S. Steel Canada commenced court-supervised restructuring
proceedings under the Companies' Creditors Arrangement Act, R.S.C.
1985, c. C-36, before the Ontario Superior Court of Justice
(Commercial List) on Sept. 16, 2014.  Ernst & Young Inc. has been
appointed by the CCAA court as monitor pursuant to an Initial CCAA
Order.


VANITY SHOP: U.S. Trustee Forms 3-Member Committee
--------------------------------------------------
The U.S. Trustee for Region 12 on March 10 appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Vanity Shop of Grand Forks, Inc.

The committee members are:

     (1) Washington Prime Group, Inc.
         180 West Broad Street
         Columbus, OH 43215
         Contact: Stephen E. Ifeduba
         Senior Corporate and Litigation Counsel
         Phone: 614-621-9000
         Fax: 614-621-8863
         Email: stephen.ifeduba@washingtonprime.com

     (2) GGP Limited Partnership
         110 North Walker Drive
         Chicago, IL 60606
         Contact: Julie Minnick Bowden
         Phone: 312-960-2707
         Fax: 312-442-6374
         Email: julie.minnick@ggp.com

     (3) Simon Property Group, Inc.
         225 W. Washington Street
         Indianapolis, IN 46204
         Contact: Ronald M. Tucker
         Phone: 317-263-2346
         Fax: 317-263-7901
         Email: rtucker@simon.com

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense. They may investigate the debtor's business and financial
affairs. Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

               About Vanity Shop of Grand Forks

Vanity Shop of Grand Forks, Inc., based in Fargo, ND, filed a
Chapter 11 petition (Bankr. D.N.D. Case No. 17-30112) on March 1,
2017.  The petition was signed by James Bennett, chairman of the
Board of Directors.  The Hon. Shon Hastings presides over the case.
In its petition, the Debtor estimated $50,000 to $100,000 in
assets and $10 million to $50 million in liabilities.  Caren
Stanley, Esq., at Vogel Law Firm, serves as bankruptcy counsel.


VINCHEM USA: Hires Buddy Ford as Bankruptcy Counsel
---------------------------------------------------
Vinchem USA Corporation, seeks authority from the U.S. Bankruptcy
Court for the Middle District of Florida to employ Buddy D. Ford,
P.A. as attorney to the Debtor.

Vinchem USA requires Ford to:

   a. analyze the financial situation, and render advice and
      assistance to the Debtor in determining whether to file a
      petition under Title 11, U.S. Code;

   b. advise the Debtor with regard to the powers and duties of
      the Debtor and as a Debtor-in-Possession in the continued
      operation of the business and management of the property of
      the estate;

   c. prepare and file the petition, schedules of assets and
      liabilities, statement of affairs, and other documents
      required by the Court;

   d. represent the Debtor at the Section 341 Creditors' meeting;

   e. give the Debtor legal advice with respect to its powers and
      duties as Debtor and as Debtor-in-Possession in the
      continued operation of its business and management of its
      property;

   f. 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 court;

   g. prepare, on behalf of the Debtor, necessary motions,
      pleadings, applications, answers, orders, complaints, and
      other legal papers and appear at hearings thereon;

   h. protect the interest of the Debtor in all matters pending
      before the court;

   i. represent the Debtor in negotiation with its creditors in
      the preparation of the Chapter 11 Plan; and

   j. perform all other legal services for the Debtor as Debtor-
      in-Possession which may be necessary herein, and it is
      necessary for the Debtor as Debtor-in-Possession to employ
      Ford for such professional services.

Ford will be paid at these hourly rates:

     Partner                   $425
     Senior Associate          $375
     Junior Associate          $300
     Senior Paralegal          $150
     Junior Paralegal          $100

Prior to the commencement of the bankruptcy case, the Debtor paid
Ford an advance fee of $15,000. The amount of $1,000 as pre-filing
retainer, $12,283 as post-filing fee retainer, and $1,717 as filing
fee.

Ford will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Buddy D. Ford, partner of Buddy D. Ford, P.A., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Ford can be reached at:

     Buddy D. Ford, Esq.
     BUDDY D. FORD, P.A.
     9301 West Hillsborough Avenue
     Tampa, FL 33615-3008
     Tel: (813) 877-4669
     Fax: (813) 877-5543
     E-mail: Buddy@tampaesq.com

              About Vinchem USA Corporation

Vinchem USA Corporation, based in Tampa, FL, filed a Chapter 11
petition (Bankr. M.D. Fla. Case No. 17-01802) on March 7, 2017.
Buddy D. Ford, Esq., and Jonathan A. Semach, Esq., at Buddy D.
Ford, P.A., to serve as bankruptcy counsel.

In its petition, the Debtor estimated $1.60 million in assets and
$1.68 million in liabilities. The petition was signed by Larry
Nguyen, vice president.



VPH PHARMACY: Creditors' Panel Hires Wolfson Bolton as Counsel
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of VPH Pharmacy,
Inc., seeks authorization from the U.S. Bankruptcy Court for the
Eastern District of Michigan to retain Wolfson Bolton PLLC as
counsel to the Committee.

The Committee requires Wolfson to:

   (a) advise and consult with the Committee, the Debtor, and
       other parties in interest concerning: (i) the proposed
       sale of Debtor's assets; (ii) questions arising out of the
       administration of Debtor's bankruptcy estate; (iii) the
       rights and remedies of the Committee and its constituents
       vis-a-vis the assets of Debtor's bankruptcy estate and the
       administration of the bankrupty case; (iv) the formulation
       of plans of reorganization; and (v) the claims and
       interests of secured and unsecured creditors, equity
       holders, insiders, and other parties in interest in the
       bankruptcy case;

   (b) analyze, appear for, prosecute, defend, and represent
       the Committee in contested matters and adversary
       proceedings arising in or related to the bankruptcy case;
       and

   (c) generally represent the Committee with respect to the
       bankruptcy case and related proceedings, and to assist the
       Committee as appropriate with respect to the matters
       identified in 11 U.S.C. Section 1103.

Wolfson will be paid at these hourly rates:

     Scott A. Wolfson           $495
     Anthony J. Kochis          $385
     Thomas J. Kelly            $245
     Members                    $385-$495
     Associates                 $195-$450
     Paralegals                 $185

Wolfson will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Scott A. Wolfson, member of Wolfson Bolton PLLC, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and (a) are not creditors,
equity security holders or insiders of the Debtor; (b) have not
been, within two years before the date of the filing of the
Debtor's chapter 11 petition, directors, officers or employees of
the Debtor; and (c) do not have an interest materially adverse to
the interest of the estate or of any class of creditors or equity
security holders, by reason of any direct or indirect relationship
to, connection with, or interest in, the Debtor, or for any other
reason.

Wolfson can be reached at:

     Scott A. Wolfson, Esq.
     WOLFSON BOLTON PLLC
     3150 Livernois, Suite 275
     Troy, MI 48083
     Tel: (248) 247-7103
     Fax: (248) 247-7099
     E-Mail: swolfson@wolfsonbolton.com

              About VPH Pharmacy, Inc.

VPH Pharmacy, Inc. filed a Chapter 11 bankruptcy petition (Bankr.
E.D. Mich. Case No. 17-30077) on January 13, 2017. The Hon. Daniel
S. Opperman presides over the case.

The Dragich Law Firm PLLC represents the Debtor as counsel.  Dalto
Consulting, Inc. is the Debtor's financial advisor.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Amee Patel,
attorney in fact for Devenkumar C. Patel, sole shareholder.

The U.S. trustee for Region 9 on March 3 appointed three creditors
of VPH Pharmacy, Inc., to serve on the official committee of
unsecured creditors.


WALTER INVESTMENT: Bank Debt Trades at 5% Off
---------------------------------------------
Participations in a syndicated loan under Walter Investment
Management Corp is a borrower traded in the secondary market at
94.60 cents-on-the-dollar during the week ended Friday, March 3,
2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents a decrease of 0.60 percentage points from
the previous week.  Walter Investment pays 375 basis points above
LIBOR to borrow under the $1.5 billion facility. The bank loan
matures on Dec. 18, 2020 and carries Moody's B3 rating and Standard
& Poor's B rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended March 3.


WARREN BOEGEL: Trustee Wants to Use Cash Collateral
---------------------------------------------------
Warren Boegel, Trustee of the Warren L. Boegel Trust, asks the U.S.
Bankruptcy Court for the District of Kansas to authorize the use of
Security State Bank and RABO AgriFinance cash collateral to
continue farm operation and the orderly liquidation of real and
personal property.

The Revocable Trust holds irrigated land and dry land in Kansas.
Boegel Farms, LLC, a related affiliate, holds irrigated land and
dry land in several counties Kansas.  The farm operation is a
consolidated enterprise.  

The value of the Revocable Trust land is estimated to be
$11,274,300.  Also existing as an asset of the estate is the
Revocable Trust's interest in Three Bo's, Inc. valued at $1,297,541
and the Revocable Trust's interest in Three Bo's Trucking, Inc.
valued at $184,453.

The Revocable Trust has an interest in 160 acres of growing wheat,
together with 11,000 bushels of wheat located in bins on the farm,
and an additional 13,333 bushels owned by the Revocable Trust.  The
wheat-in-bin is secured to Security State Bank, Scott City,
Kansas.

The Trustee estimates the value of the collateral secured to
Security State Bank at approximately $5,060,000.  The Trustee
estimates the claim amount of Security State Rank is the sum of
$3,500,000.  There is thus an "equity cushion."

The Trustee proposes to sell the existing wheat to fund input costs
for fertilizer, top dressing, herbicide, cutting expenses
associated with the wheat on the Revocable Trust's property,
together with the related entities' crop proceeds.  In addition,
the Trustee intends to plant a milo crop in the spring of 2017 to
be harvested in October 2017.  The seed, fertilizer and other input
costs are necessary.  The Trustee intends to grant a post-petition
lien upon the milo crop as a form of adequate protection and the
use of cash collateral associated with the Trustee by the sale of
existing wheat.  The wheat to be sold will be consistent with the
Budget which has been prepared on a consolidated basis for the
Trustee and Revocable Trust, as well as the related entities.

In addition, RABO is a mortgage lienholder on farm ground of the
Revocable Trust.  The Trustee estimates the value of RABO's
collateral at $26,000,000 with an outstanding debt of $13,033,328.
By reason of the mortgage interest of RABO, it claims an interest
on any rents that are generated for the renting of farm ground.
The Trustee receives lease payments on the farm ground in question.
The Trustee estimates the receipt of $312,320 in rents received in
March, an additional $19,000 on May 31, 2017, $62,500 on Aug. 31,
2017, $235,520 on Oct. 31, 2017 and $7,900 on Dec. 31, 2017.  

RABO additionally holds an "equity cushion" sufficient to allow the
Trustee to utilize the rents in its operation.  This preserves the
collateral of RABO as it keeps the farm in cultivation, prevents
against obnoxious weeds and erosion, thus deteriorating the value
of the property.  RABO will be adequately protected by its equity
cushion.

In accordance with the Bankruptcy Rule 4001, the Trustee proposes
the following:

          a. Parties with Interest in Cash Collateral: Security
State Bank and RABO on all equipment, accounts, inventory and
personal property of the Revocable Trust.

          b. Use of Cash Collateral: The Trustee intends to use
Cash Collateral to pay expenses of the operation of his farming
operation in accordance with the Budget, up to amounts not to
exceed 125% of the amounts set forth in the Budget on a cumulative
basis measured weekly.

          c. Termination Date: The Trustee asks authority to use
Cash Collateral through the completion of the fall harvest period
for milo and the period for planting of the 2018 wheat crop
("Specified Period").  It is anticipated that Security State Bank
adequately protected during the Specified Period.  The Debtor will
generate $1,126,307 of positive cash flow during the Specified
Period, which will be utilized for payments to the respective
secured creditors.  In addition, the Trustee anticipates the sale
of real property that is secured to both RABO and Security State
Bank.

          d. Adequate Protection: (i) Security State Bank and RABO,
for its benefit, will receive, (a) an additional and replacement
continuing valid, binding. enforceable, non- avoidable, and
automatically perfected post-petition security interest in and lien
on any and all presently owned and hereafter acquired personal
property and all other assets of the Trustee and his estate,
together with any proceeds thereof, including, without limitation,
as set forth in the loan documents; (b) to the extent provided by
Sections 503(b) and 507(b) of the Bankruptcy Code, an allowed
superpriority administrative expense claim in the case and any
Successor Case; (c) payments from the proceeds from the liquidation
of secured assets to Security State Bank and/or RABO at the closing
of the sale of any such transaction.

           e. Carve-Out: "Carve-Out" means the following amounts:
(i) statutory fees payable to the U.S. Trustee; (ii) pursuant to
Section 726(b) of the Bankruptcy Code, claims allowed by a final
order of the Court under Section 503(b) of the Bankruptcy Code that
are incurred after the conversion of the Chapter 11 case to a case
under Chapter 7 of the Bankruptcy code in an amount not to exceed
$5,000; (iii) the allowed and paid professional fees and
disbursements incurred by the Trustee in an amount not to exceed
$100,000; and (iv) up to $100,000 of other professional fees and
disbursements incurred prior to the entry of the Final Order and,
subsequent to the entry of a Final Order, such amounts as are
provided in the Budget, by a Statutory Committee for any
professionals retained by final order of the Court or for any
certified public accountants retained by the Trustee and appointed
by the Court.

The Budget contemplates $2,211,367 in total crop sales and total
operating expenses of $1,666,799 for 12 months ended Dec. 31,
2017.

A copy of the Budget attached to the Motion is available for free
at:

        
http://bankrupt.com/misc/ksb17-10224_31_Cash_Warren_Boegel.pdf

The Trustee has determined, in the exercise of his sound business
judgment, that he requires the use of Cash Collateral for the
maintenance and preservation of his property, the operation of his
farming operation, the payment of expenses attendant thereto, and
the costs and expenses of administering the case.

Accordingly, the Trustee asks the Court (i) authority to the use
Security State Bank cash collateral; (ii) authority to grant
adequate protection to the Security State Bank in the form of a
post-petition lien on the milo crop; and (iii) a surcharge of the
collateral of Security State Bank consisting of the sale of wheat
for payment of input costs.

The Trustee also asks the Court (i) authority to the use RABO cash
collateral; (ii) authority to grant adequate protection to the RABO
in the form of post-petition assets of the Trustee para parsu with
the Security State Bank to the extent of cash collateral of the
respective secured creditor that is utilized; and (iii) a surcharge
of the collateral of RABO consisting of the rents for payment of
input costs.

                        About Warren Boegel

Warren L. Boegel sought Chapter 11 protection (Bankr. D. Kan. Case
No. 17-10224) on Feb. 24, 2017.  The Debtor tapped Edward J.
Nazar,
Esq., at Hinkle Law Firm, LLC as counsel.


WAVELAND RESORT: Taps Matthew Pepper as Counsel
-----------------------------------------------
Waveland Resort Inns, Inc. seeks approval from the U.S. Bankruptcy
Court for the Southern District of Mississippi to employ Matthew L.
Pepper as counsel.

The employment of the Firm is required at this time to pursue the
estate's remedies provided under the law.  Under the proposed
agreement, the Firm will receive $175.00/hr for services rendered
in connection with the prosecution of the bankruptcy case.

The professional services the Firm will render are not limited to:

     a. Assisting Waveland Resort Inns in
analyzing/prosecuting/etc. claims against the estate by third
parties;

     b. Preparing and filing such pleadings as are necessary to
resolve the estate's claims from third parties;

     c. Conducting appropriate examinations of witnesses, claimants
and other parties in interest in connection with such litigation;

     d. Representing Waveland Resort Inns in any adversary
proceedings and other proceedings before the Court and in any other
judicial or administrative proceeding in which the claims described
herein may be affected; and

     e. Performing any other legal services that may be appropriate
in connection with the prosecution of the litigation.

Matthew L. Pepper states that to the best of his knowledge, his
Firm represents no interest adverse to the estate in the matters
upon which the Firm has been or is to be engaged; that the Firm's
employment has been and would be in the best interest of the
estate; and that the attorneys in this firm are disinterested
persons as defined under 11 USC Section 101(4.)

The Firm can be reached through:

     Matthew L. Pepper, Esq.
     MATTHEW PEPPER ATTY AT LAW
     25211 Grogans Mill Rd Suite 450
     The Woodlands, TX 77380
     Tel: 281-367-226
     Fax: 281-292-6072
     E-mail: pepperlaw@msn.com

Headquartered at Waveland, MS, Waveland Resort Inns, Inc filed a
voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Miss. Case No. 17-50148) on January 31, 2017. The petition was
signed by William R. Lady, president.

The Debtor is represented by Matthew L. Pepper, Esq. The case is
presided by Hon. Katharine M. Samson.

At the time of filing, the Debtor disclosed $1 million to $10
million in assets and liabilities.


WELLMAN DYNAMICS: Unsecs. to Get 30% or Quarterly Payments
----------------------------------------------------------
Wellman Dynamics Corporation filed with the U.S. Bankruptcy Court
for the Southern District of Iowa a second amended disclosure
statement dated March 6, 2017.

Holders of Class 13 Allowed General Unsecured Claims -- estimated
at $6,398,440 -- will receive a dividend, in cash, in deferred
quarterly payments, with the first payment being on the Effective
Date, and subsequent payments within ninety days thereafter, for a
period not to exceed five years from and after the Effective Date,
unless claim holders elect to receive 30% of their allowed claim
paid in cash on the Effective Date in complete satisfaction of
their allowed claim.

The Debtor will receive a corresponding share of the new value
equity investment cash to facilitate meeting its payment
obligations under the Plan on the Effective Date.

510 Ocean Drive has executed an acknowledgment and agreement to
provide the New Value Equity Investment Cash.  The Acknowledgment
and Agreement provides an acknowledgment by 510 Ocean Drive of its
intent and ability to materially support the Plan, including the
Bankruptcy Rule 3020(a) Plan provision for a Special Deposit
Account prior to confirmation.  It further provides that 510 Ocean
Drive consents to provide the New Value Equity Investment Cash in
an amount no less than $7 million, subject to Huntington Bank's
issued commitment to loan the Debtor $30 million, and an absence of
material adverse change in the finances and business of the Debtor
in the 30 days preceding the funding date.

The Plan provides for $4 million of 510 Ocean Drive's secured claim
to be cancelled and converted into equity in Reorganized Debtor
WDC.  WDC will hold the equity in Reorganized Debtor Fansteel.  The
remaining portion of 510 Ocean Drive's secured claim, in the
approximate amount of $2,139,713.83, will continue accruing
interest at 8% and will be subordinated to the New Senior Secured
Credit Facility, Bieber, and the interests of the Collateral Trust
and no payments will be made until all of the other classes are
satisfied.  Further, Levie's equity interest in Fansteel will be
cancelled as of the Effective Date without any payment.  The equity
of Fansteel is currently owned by Levie, personally and through
various trusts by Levie, holding a super-majority.  The remaining
equity of Fansteel is currently owned by Brian Cassady and
unidentified shareholders totaling less than 8% of the total shares
outstanding.

In partial consideration of 510 Ocean Drive's agreement to provide
no less than $7 million in New Value Equity Investment Cash to the
Reorganized Debtors and agreement to cancellation and subordination
of its secured claim and cancellation of its existing equity
interests, the Plan provides for a transfer to 510 Ocean Drive of
all of the Debtors' rights and interests in certain causes of
action against TerraMar Capital and its officers, directors and
affiliates related to or in connection with the Non-Disclosure
Agreement executed by Fansteel and TerraMar Capital pre-petition.
This assignment of the causes of action against TerraMar to 510
Ocean Drive is beneficial to 510 Ocean Drive as it believes that
its members have been harmed by TerraMar and Josh Phillips.  TCTM's
position is that neither the Debtors, nor their successors and
assigns, are entitled to bring any such causes of action against
TerraMar Capital and its officers, directors and affiliates,
including TCTM, by virtue of the proposed court order after hearing
approving the Debtor's first amended motion for court order
authorizing final use of cash collateral and providing
post-petition liens and the Court's order dated Nov. 4, 2016.  The
Debtor disagrees with TCTM's position and has filed a motion for
clarification as to paragraph 19 of the cash collateral court order
or in the alternative reformation of paragraph 19 in the Fansteel
bankruptcy case.

Prior to the Confirmation Date, 510 Ocean Drive will deposit the
New Value Equity Investment Cash into a Special Deposit Account
pursuant to the Reorganized Debtor WDC Bankruptcy Rule 3020(a) Plan
provision to enable all three Reorganized Debtors to make those
distributions required under each respective Plan.

A copy of the Second Amended Disclosure Statement is available at:

             http://bankrupt.com/misc/iasb16-01825-110.pdf

As reported by the Troubled Company Reporter on Feb. 21, 2017, the
Debtor filed with the Court a first amended disclosure statement
dated February 2017, referring to the Debtor's plan of
reorganization.  Class 14a Contingent Unfunded Benefit Liabilities
Claim payable to the Pension Benefit Guaranty Corporation would be
paid $538,828.  If the Pension Plan is terminated as of the
Effective Date and the Effective Date occurs, the Class 14a Claim
would be paid in full to PBGC.  If the Pension Plan is not
terminated as of the Effective Date, the Class 14a Claim would be
deemed withdrawn and the PBGC wwould receive no dividend under the
Plan for the Class 14a Claim.  The Class is impaired by the Plan.

                  About Wellman Dynamics Corp.

Headquartered in Creston, Iowa, Wellman Dynamics Corporation
produces highly complex precision aluminum and magnesium sand
castings for the aerospace and defense industries.  Its largest
casting weighs approximately 630 pounds and its most complex
casting requires a mold that is hand assembled from 125 individual
intricate components, virtually all of which are designed and
manufactured in-house.  The Debtor owns the only molds for 79% of
its products.  In some cases, although another tool exists, the
Debtor is still the sole source on 94% of its castings.  Every U.S.
military helicopter program relies upon the Debtor's castings
produced in Creston, Iowa.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Iowa Case No. 16-01825) on Sept. 13, 2016.  Judge Anita L. Shodeen
presides over the case.

The Debtor's counsel is Jeffrey D. Goetz, Esq., and Krystal R.
Mikkilineni, Esq., at Bradshaw, Fowler, Proctor & Fairgrave, P.C.,
in Des Moines, Indiana.


WESCO AIRCRAFT: Moody's Affirms B1 CFR & Alters Outlook to Stable
-----------------------------------------------------------------
Moody's Investor's Service affirmed ratings for Wesco Aircraft
Hardware Corp. including the company's B1 Corporate Family Rating
(CFR) and its B2-PD Probability of Default rating. The rating
outlook has been changed to stable from positive.

RATINGS RATIONALE

The change in outlook to stable from positive reflects weaker than
expected earnings and cash flows which will result in minimal debt
reduction over the balance of FY 2017. The positive outlook
incorporated expectations of a faster rate of deleveraging than
will now occur during 2017.

The B1 CFR incorporates variable working capital investment needs,
a fundamental dependence on cyclical aerospace demand levels, and a
heavy reliance on a concentrated group of OEM customers. The rating
also considers Wesco's position as a leading distributor of
hardware, chemical and electronic products to the aerospace and
defense industries as well as the company's well-established global
distribution network. Recent business wins are credit positive but
will weigh on cash flow generation as Wesco makes significant
inventory investments to support future sales. This reduction in
cash flows is expected to stall the company's near-term
deleveraging momentum (in the previous two years the majority of
free cash flow had been used to pay down debt) and result in the
continuation of an elevated leverage profile with Moody's adjusted
Debt-to-EBITDA expected to remain around 4.5x for the balance of FY
2017. Moody's also believes Wesco's position as a distributor that
does not have product manufacturing capabilities leaves the company
vulnerable to disintermediation risk as evidenced by several
sizable customer/contract losses in previous years. Long-standing
customer relationships as demonstrated by recent contract renewals
and on-site inventory management services that increase integration
with customers only partially mitigate this risk.

The ratings could be upgraded if Wesco were to reduce leverage such
that Moody's adjusted Debt-to-EBITDA was expected to be sustained
below 4.0x. Any upgrade would be predicated on improved operational
performance as well as Wesco maintaining a good liquidity profile
with expectations of FCF-to-Debt consistently in the high
single-digits coupled with substantial availability under the
revolving facility. The ratings could be downgraded if
Debt-to-EBITDA is expected to be sustained above 5.5x. A weakening
of Wesco's free cash flow or operating margins and/or an
unanticipated decline in commercial and military aircraft
production levels could also result in a downgrade. The rating
could be downgraded if the liquidity profile weakens including if a
breach of financial covenants appears likely.

The following summarizes rating action:

Issuer: Wesco Aircraft Hardware Corp.

Ratings affirmed:

-- Corporate Family Rating, affirmed at B1

-- Probability of Default Rating, affirmed at B2-PD

-- $180 million senior secured revolving credit facility due
    2021, affirmed at B1 (LGD3)

-- $400 million senior secured term loan A due 2021, affirmed at
    B1 (LGD3)

-- $525 million (outstanding) senior secured term loan B due
    2021, affirmed at B1 (LGD3)

Ratings downgraded:

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

Rating Outlook changed to Stable from Positive

Wesco Aircraft Hardware Corp., headquartered in Valencia, CA, is a
wholly-owned subsidiary of NYSE-listed Wesco Aircraft Holdings
Inc., a leading distributor and provider of supply chain management
services to the global aerospace industry. Wesco's services range
from traditional distribution to the management of supplier
relationships, quality assurance, kitting, just-in-time delivery
and point-of-use inventory management. Wesco offers more than
575,000 active SKUs including chemical, electrical and C-class
hardware. Revenues for the twelve months ended December 2016 were
approximately $1.5 billion.

The principal methodology used in these ratings was Global
Aerospace and Defense Industry published in April 2014.


WET SEAL: Creditors' Panel Hires Cooley as Lead Counsel
-------------------------------------------------------
The Official Committee of Unsecured Creditors of The Wet Seal, LLC,
et al., seeks authorization from the U.S. Bankruptcy Court for the
District of Delaware to retain Cooley LLP as lead counsel to the
Committee.

The Committee requires Cooley to:

   (a) attend the meetings of the Committee;

   (b) review financial and operational information furnished by
       the Debtors to the Committee;

   (c) analyze and negotiate the budget and the terms of the
       Debtor in possession financing;

   (d) assist in the Debtors' efforts to reorganize or sell their
       assets in a manner that maximizes value for creditors;

   (e) review and investigate the liens of purported secured
       parties;

   (f) review and investigate prepetition transactions in which
       the Debtors and their insiders were involved;

   (g) assist the Committee in negotiations with the Debtors and
       other parties in interest on any proposed Chapter 11 plan
       or exit strategy for the bankruptcy case;

   (h) confer with the Debtors' management, counsel and
       investment banker and any other retained professional;

   (i) confer with the principals, counsel and advisors of the
       Debtors' lenders and equity holders;

   (j) review the Debtors' schedules, statements of financial
       affairs and business plan;

   (k) advise the Committee as to the ramifications regarding all
       of the Debtors' activities and motions before the
       Bankruptcy Court;

   (l) file appropriate pleadings on behalf of the Committee;

   (m) review and analyze the Debtors' professionals' work
       product and report to the Committee;

   (n) provide the Committee with legal advice in relation to the
       chapter 11 case;

   (o) prepare various pleadings to be submitted to the Court for
       consideration; and

   (p) perform such other legal services to the Committee as may
       be necessary or proper in the Chapter 11 proceedings.

Cooley will be paid at these hourly rates:

     Cathy Hershcopf, Partner              $1,055
     Seth Van Aalten, Partner              $885
     Max Schlan, Associate                 $735
     Lauren Reichardt, Associate           $595
     Mollie Canby, Paralegal               $240

Cooley will also be reimbursed for reasonable out-of-pocket
expenses incurred.

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, the
following is provided in response to the request for additional
information:

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

   Response:  No.

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

   Response:  No.

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

   Response:  Cooley did not represent the Committee in the 12
              months prepetition. Cooley has in the past
              represented, currently represents, and may
              represent in the future certain Committee members
              and their affiliates in their capacities as member
              of the Official Committees in other chapter 11
              cases or in their individual capacities.

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

   Response:  Yes. For the period from February 13, 2017 through
              and including May 31, 2017.

Seth Van Aalten, partner of Cooley LLP, assured the Court that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code and (a) are not creditors, equity
security holders or insiders of the Debtor; (b) have not been,
within two years before the date of the filing of the Debtor's
chapter 11 petition, directors, officers or employees of the
Debtor; and (c) do not have an interest materially adverse to the
interest of the estate or of any class of creditors or equity
security holders, by reason of any direct or indirect relationship
to, connection with, or interest in, the Debtor, or for any other
reason.

Cooley can be reached at:

     Seth Van Aalten, Esq.
     COOLEY LLP
     114 Avenue of the Americas
     New York, NY 10036-7798
     Tel: (212) 479-6000

              About The Wet Seal, LLC

The Wet Seal, LLC, and its affiliates are a national multi-channel
specialty retailer selling fashion apparel and accessory items
designed for female customers aged 18 to 24 years old. They are
currently comprised of two primary units: the retail store business
and an e-commerce business. Through their retail store business,
they operate approximately 142 retail locations in 37 states,
principally in lease-based mall locations. They also have
historically sold gift cards, which business has been primarily
operated through The Wet Seal Gift Card, LLC.

The Wet Seal, LLC, also known as The Wet Seal (2015), LLC, sought
Chapter 11 protection (Bankr. D. Del. Case No. 17-10229) on Feb. 2,
2017. The petitions were signed by Judd P. Tirnauer, executive vice
president and chief financial officer.

The cases are assigned to Judge Christopher S. Sontchi.

The Debtors estimated assets in the range of $10 million to $50
million and $50 million to $100 million in debt.

The Debtors tapped Robert S. Brady, Esq., Michael R. Nestor, Esq.,
Jaime Luton Chapman, Esq., Andrew L. Magaziner, Esq., of the Young
Conaway Stargatt & Taylor, LLP, as counsel. They also tapped
Berkeley Research Group, LLC, as financial advisors; Hilco IP
Services, LLC dba Hilco Streambank as intellectual property
disposition consultant; and Donlin, Recano & Company as claims and
noticing agent.

The Official Committee of Unsecured Creditors tapped Cooley LLP and
Saul Ewing LLP as its attorneys.



WGC INC: Northwest Savings Tries to Block Approval of Disclosures
-----------------------------------------------------------------
Secured creditor Northwest Savings Bank filed with U.S. Bankruptcy
Court for the Western District of Pennsylvania an objection to WGC,
Inc.'s disclosure statement to accompany the Debtor's joint plan
dated Jan. 20, 2017.

The Bank claims that the Disclosure Statement is misleading with
respect to these matters:

     a. the Disclosure Statement provides the secured claim of the

        Bank is $436,301 when as of Feb. 27, 2017, the claim is
        $464,026.38 after the inclusion of additional interest,
        late fees, legal fees and costs;

     b. the Disclosure Statement provides the secured claim of the

        Bank is subject to a carve out for administrative expense
        in the amount of $25,000.  The Bank has not agreed to the
        carve-out;

     c. the Bank is also of the belief that additional
        administrative expenses exist which are not enumerated in
        the Disclosure Statement including, but not limited to,
        unpaid trustee fees of $6,50.00 and accounting fees to
        Richar & Associates in the amount of $17,650.00, along
        with any taxes that may have administrative priority.

A copy of the Objection is available at:

          http://bankrupt.com/misc/pawb16-10347-188.pdf

The Bank is represented by:

     Eric D. Rosenberg, Esq.
     METZ LEWIS BRODMAN MUST O'KEEFE LLC
     535 Smithfield Street, Suite 800
     Pittsburgh, PA 15222
     Tel: (412) 918-1186
     E-mail: erosenberg@metzlewis.com

As reported by the Troubled Company Reporter on Jan. 27, 2017, the
Debtor filed with the Court a disclosure statement to accompany its
plan of reorganization, dated Jan. 20, 2017, which proposes to pay
the secured claims of Northwest Savings Bank and Wells Fargo Bank
from the sale of Debtor's assets.

                              About WGC, Inc.

WGC, Inc., filed a Chapter 11 petition (Bankr. W.D. Pa. Case No.
16-10347) on April 13, 2016. The petition was signed by Steven
Shingledecker, general manager.

The Debtor is represented by Brian C. Thompson, Esq., at Thompson
Law Group, P.C.  The case is assigned to Judge Thomas P. Agresti.

The Debtor estimated assets of $0 to $50,000 and debt of $1 million
to $10 million.


WILTON INDUSTRIES: Bank Debt Trades at 3% Off
---------------------------------------------
Participations in a syndicated loan under Wilton Industries is a
borrower traded in the secondary market at 97.30
cents-on-the-dollar during the week ended Friday, March 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.15 percentage points from the
previous week.  Wilton Industries pays 625 basis points above LIBOR
to borrow under the $0.400 billion facility. The bank loan matures
on Aug. 23, 2018 and carries Moody's Caa2 rating and Standard &
Poor's CCC+ rating.  The loan is one of the biggest gainers and
losers among 247 widely quoted syndicated loans with five or more
bids in secondary trading for the week ended March 3.


WP CPP: Moody's Lowers CFR to B3 on Earnings Pressures
------------------------------------------------------
Moody's Investors Service downgraded ratings for WP CPP Holdings,
LLC, including the Corporate Family Rating (CFR) to B3 from B2 and
the Probability of Default Rating to B3-PD from B2-PD. Moody's also
downgraded the ratings on the company's senior secured first lien
revolver and term loan facility to B2 from B1 and rating on the
senior secured second lien term loan to Caa2 from Caa1. The rating
outlook remains negative.

RATINGS RATIONALE

The downgrade reflects continued topline and earnings pressures
driven by increased competition in industrial gas turbine (IGTs)
aftermarkets and business jets as well as higher start-up costs
relating to new business wins. These headwinds are expected to
continue to weigh on CPP's financial performance through at least
the 1H of 2017. The downgrade also reflects the company's weak
liquidity profile which is characterized by negative free cash
flow, tightening financial covenants, and a reliance on external
sources of funding.

The B3 Corporate Family Rating reflects CPP's small scale, a highly
leveraged balance sheet and a weak liquidity profile. CPP continues
to face a number of challenges including execution issues at one of
its facilities, increased competition in IGT aftermarkets, and a
weak demand environment for business jets. More recently, the
company has incurred sizable start-up expenses relating to the
manufacturing of new parts for recently won business. Over the last
6 quarters, these issues have cumulated in a sustained reduction in
earnings and an across-the-board weakening of credit metrics. As of
September 2016, Moody's adjusted Debt-to-EBITDA was 7.0x and
Moody's expects leverage to remain at or above this level for much
of 2017. Prospects for an improved sales and earnings trajectory in
2018 and beyond appear favorable as the company should begin to
benefit from the ramp up of production volumes on its newly won
business. That said, supporting CPP's business wins will present
significant near-term challenges and the company's ability to
strongly execute on this backlog and improve operating results
remains to be proven. The rating favorably considers the benefits
that CPP derives from its incumbency position as a sole-source
supplier for the majority of its products along with meaningful
barriers to entry including high switching costs and lengthy
qualification processes. The rating is also supported by relatively
high margins and a healthy degree of customer and platform
diversification.

The negative outlook reflects heightened execution risk over the
coming quarters and expectations of continued near-term earnings
pressures and a weak liquidity profile.

Moody's expects CPP to maintain a weak liquidity profile over the
next 12 months. Free cash flow generation is anticipated to be
negative as the company continues to incur sizable capital
expenditures in order to support new business wins and invest in
new technologies. External liquidity is provided by a $125 million
revolving credit facility that expires in September 2019 and
Moody's expects CPP to be reliant on the facility in the face of
capex levels that will exceed internally generated funds. The
revolver contains a springing first lien net leverage ratio that
comes into effect if usage exceeds 20% or $25 million. The covenant
steps down from 6.0x in Q4 2016 to 5.75x in Q1 2017 and compliance
looks increasingly tenuous over the coming quarters.

Factors that could contribute to a ratings upgrade include earnings
growth and Debt-to-EBITDA sustained below 6.0x. A stronger
liquidity profile with expectations of improved cash flows, less
reliance on revolver borrowings and comfortable compliance with
financial covenants would be prerequisites to any upgrade. A rating
downgrade would likely occur if Moody's adjusted leverage were
expected to remain above 7.5x. Execution issues on new business
wins, continued weakness in profitability metrics or a further
weakening of CPP's liquidity profile could also result in a
downgrade.

The following summarizes rating action:

Issuer: WP CPP Holdings, LLC

Corporate Family Rating, downgraded to B3 from B2

Probability of Default Rating, downgraded to B3-PD from B2-PD

$125 million senior secured first lien revolving credit facility,
downgraded to B2 (LGD3) from B1 (LGD3)

$608 million ($598 million outstanding) senior secured first lien
term loan B due 2019, downgraded to B2 (LGD3) from B1 (LGD3)

$118 million senior secured second lien term loan due 2021,
downgraded to Caa2 (LGD6) from Caa1 (LGD6)

Outlook, remains Negative

WP CPP Holdings, LLC, d/b/a Consolidated Precision Products, is a
castings manufacturer of engineered components and sub-assemblies
for the commercial aerospace, military and defense and energy
markets. Headquartered in Cleveland, Ohio, the company is majority
owned by private equity firm Warburg Pincus.

The principal methodology used in these ratings was Global
Aerospace and Defense Industry published in April 2014.


YBRANT MEDIA: Court Denies Creditor's Bid to Dismiss Case
---------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that the U.S.
Bankruptcy Court for the Southern of New York has denied the
request of Daum Global Holdings Corp., which has a lien of about
$37 million against Ybrant Digital Media Acquisition Inc. and is
the Debtor's largest creditor, to dismiss the Chapter 11 case of
the Debtor.  According to the report, the Court ruled that the case
can't be dismissed because it has taken longer than expected to
secure post-petition financing.

                       About Ybrant Media

Ybrant Media Acquisition, Inc., was incorporated in 2007 and is a
wholly-owned subsidiary of Ybrant Digital Limited, a global digital
marketing company organized under the laws of India, whose shares
are publicly traded on the Bombay Stock Exchange and the National
Stock Exchange of India.  The Debtor was created to purchase and
manage the assets of Internet and media-related businesses.

Ybrant Media filed a Chapter 11 bankruptcy petition (Bankr.
S.D.N.Y. Case No. 16-10597) on March 14, 2016.  The petition was
signed by Suresh K. Reddy as chief executive officer.  The Debtor
estimated assets in the range of $10 million to $50 million and
liabilities of up to $50 million.  Rosen & Associates, P.C., serves
as the Debtor's counsel.


YORK RISK: Bank Debt Trades at 3% Off
-------------------------------------
Participations in a syndicated loan under York Risk Services
Holding is a borrower traded in the secondary market at 97.35
cents-on-the-dollar during the week ended Friday, March 3, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 0.25 percentage points from the
previous week.  York Risk pays 375 basis points above LIBOR to
borrow under the $0.555 billion facility. The bank loan matures on
Sept. 18, 2021 and carries Moody's B3 rating and Standard & Poor's
B- rating.  The loan is one of the biggest gainers and losers among
247 widely quoted syndicated loans with five or more bids in
secondary trading for the week ended March 3.




ZIO'S RESTAURANT: Court Extends Solicitation Period Thru April 17
-----------------------------------------------------------------
Judge Ronald King has extended Zio's Restaurant Company, LLC, et
al.'s exclusive right to solicit acceptances of its Chapter 11 plan
through April 17, 2017.

The Debtor originally sought a May 5 extension of its exclusive
solicitation period.

As previously reported by The Troubled Company Reporter, the
Bankruptcy Court has approved the Debtors' disclosure statement
describing the Debtors' joint plan of reorganization, dated Jan. 5,
2017.  The Plan proposes the substantive consolidation of the
Debtors' estates for purposes of the Plan and distributions.  A
confirmation hearing is currently scheduled for March 27, 2017.

The Plan has been amended on February 15, 2017, a copy of which
disclosure statement is available at:

         http://bankrupt.com/misc/txwb16-52041-226.pdf

                       About Zio's Restaurant

Zio's Restaurant Company, LLC, and 16 of its subsidiaries commenced
Chapter 11 cases on Sept. 7, 2016, in the U.S. Bankruptcy Court for
the Western District of Texas (Bankr. W.D. Tex., Case No.
16-52041).  The cases are assigned to Judge Ronald B. King.

Founded in 1994 in Oklahoma City, Oklahoma, Zio's Restaurant
Company, LLC, et al., have operated a full-service chain restaurant
since 2007.  Zio's focuses on providing Italian cuisine in a casual
and comfortable open-aire piazza.  Zio's offers appetizers, soups
and salads, pastas, specialties, calzones and sandwiches, pizzas,
drinks, wine, desserts, kid's menu, pronto lunches, and gluten free
menu options.

As of the Petition Date, there were 15 stores, all of which operate
in leased premises located in Texas, Oklahoma, Missouri, Kansas,
New Mexico and Colorado.  The Debtors employ 875 personnel.  At one
time, the Zios' concept was expanded to 21 locations.

At the Petition Date, the Debtor estimated $0 to $5,000 in assets
and $1 million to $10 million in liabilities.

The Debtors' business operations are, and have been, managed by FMP
SA Management Group, LLC pursuant to a management agreement.  FMP,
a privately held company based in Hollywood Park, Texas, is a
multi-concept developer and operator of independent restaurant
chains.

Zio's Restaurant is the sole member of each of Debtors FMPRG # 601,
LLC, FMPRG # 602, LLC, FMPRG # 603, LLC, FMPRG # 604, LLC, FMPRG #
605, LLC, FMPRG # 606, LLC, FMPRG # 607, LLC, FMPRG # 608, LLC,
FMPRG # 609, LLC, FMPRG # 610, LLC, FMPRG # 611, LLC, FMPRG # 613,
LLC, FMPRG # 615, LLC, FMPRG # 618, LLC, FMPRG # 623, LLC, and
FMPRG # 624, LLC.

Akerman LLP serves as the Debtor's counsel.  Auction Nation, LLC
has been tapped as the Debtor's auctioneer.


ZODIAC INDUSTRIES: Hires Dorf & Nelson as Litigation Counsel
------------------------------------------------------------
Zodiac Industries, Inc., seeks authority from the U.S. Bankruptcy
Court for the District of New York to employ Dorf & Nelson LLP as
special litigation counsel to the Debtor.

According to the Debtor, the reason for its financial distress is a
dispute and litigation with the Trustees of Sheet Metal Workers
International Association Local 38 ("Local 38"), in which Local 38
alleges fringe benefit contributions are due.

Despite Local 38's allegations, the Debtor believes it overpaid
Local 38 by approximately $1,000,000 (Funds).

Even though the Debtor paid Local 38 approximately $833,221.63 in
or about March, 2016, Local 38 pulled the Debtor's employees from
all jobsites in or around August 2016 thereby rendering the Debtor
unable to complete projects, unable to collect receivables and
unable to continue operating its business.

Zodiac Industries requires Dorf to:

   a. analyze and determine the Debtor's claims and defenses
      related to the dispute and litigation with Local 38 and the
      Funds;

   b. take all steps necessary to litigate or resolve the claims
      between the Debtor and Local 38 and the Funds;

   c. conduct any discovery or motion practice, claim negotiation
      and disposition whether by trial, motion or settlement; and

   d. provide advice regarding all labor-related and
      contribution-related claims.

Dorf will be paid at these hourly rates:

     Senior Counsel              $850
     Partners                    $495
     Senior Associates           $375
     Associates                  $295-$320
     Paralegals                  $150
     Legal Assistants            $95

The Debtor paid Dorf a pre-petition retainer in the amount of
$7,650.52.

Dorf will also be reimbursed for reasonable out-of-pocket expenses
incurred.

Jonathan B. Nelson, partner of Dorf & Nelson LLP, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Dorf can be reached at:

     Jonathan B. Nelson, Esq.
     DORF & NELSON LLP
     555 Theodore Fremd Avenue
     Rye, New York 10580

              About Zodiac Industries, Inc.

Zodiac Industries Inc. is a family-owned sheet metal manufacturing
business in Port Chester, New York, operating for over thirty five
years.

Amid a dispute with the Trustees of Sheet Metal Workers
International Association Local 38 Insurance and Welfare Fund, et
al., Zodiac Industries filed a Chapter 11 petition (Bankr. S.D.N.Y.
Case No. 17-22236) on Feb. 16, 2017. The petition was signed by
Frank Pasqualini, president. The case is assigned to Judge Robert
D. Drain. At the time of filing, the Debtor had total assets of
$242,908 and total liabilities of $1.04 million.

The Debtor is represented by Dawn Kirby, Esq., at DelBello
Donnellan Weingarten Wise & Wiederkehr, LLP.

The Debtor has continued in possession of its property and the
management of its business affairs as a debtor-in-possession. No
trustee, examiner or statutory committee has been appointed.



[*] Allen Cremer, Philip Berg Join Otterbourg P.C.
--------------------------------------------------
Allen Cremer and Philip C. Berg have become new members of
Otterbourg P.C.

Mr. Cremer is a Restructuring and Bankruptcy lawyer.

Mr. Berg is a Banking and Finance and Corporate lawyer.

Otterbourg attorneys represent financial institutions (including
banks, asset-based lenders, hedge funds, finance companies and
insurance companies) and corporations and other business
enterprises.  It helps clients with financing transactions,
acquisitions, investments, litigation and alternative dispute
resolution, real estate transactions, workouts, restructurings and
bankruptcy proceedings.

The firm has particular expertise in:

   -- General corporate lending, leverage finance, structured
finance, asset based lending and second lien loans, in the United
States and cross-border

   -- Representation of committees of unsecured creditors in large
and complex bankruptcy reorganization cases throughout the United
States

   -- Representation of individual institutional lenders, bank
groups, commercial enterprises and other secured and unsecured
creditors in complex, high profile litigation

   -- General corporate and securities matters, including mergers
and acquisitions, public and private offerings of debt and equity
securities, and debt and equity restructurings

   -- Trusts and estates law, including the development of
sophisticated estate plans to transfer wealth while minimizing tax
implications

Contact the firm at:

         Otterbourg P.C.
         230 Park Avenue
         New York, NY 10169-0075
         Tel: 212-661-9100
         Fax: 212-682-6104
         E-mail: info@otterbourg.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
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is compiled on the Friday prior to publication.  Prices reported
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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
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Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

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