TCR_Public/170325.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, March 25, 2017, Vol. 21, No. 83

                            Headlines

ERICKSON INC: Files Monthly Operating Report for January 2017
PEABODY ENERGY: Lists $50.4 Million Net Income in January
PEABODY ENERGY: Net Income Increases to $61 Million in February

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ERICKSON INC: Files Monthly Operating Report for January 2017
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Erickson Incorporated, et al., filed with the U.S. Securities and
Exchange Commission its monthly operating report for January
2017.

EAC Acquisition Corporation (EAC) incurred a net loss of $10.24
million on $7.14 million of net revenue in January.

As of January 31, 2017, EAC had $599.07 million in total assets,
$601.93 million in total liabilities, and -$2.86 million in total
stockholders' equity.

EAC listed $7.84 million in total receipts and $15.79 million in
total disbursements for January.

Erickson Helicopters, Inc. (EHI), recorded a net profit of $3.82
million on $10.29 million of net revenue for the month.

As of January 31, 2017, EHI had $302.27 million in total assets,
$23.95 million in total liabilities, and $278.32 million in total
stockholders' equity.

EHI listed $8.77 million in total receipts and $6.24
million in total disbursements for January.

A copy of the monthly operating report is available at the SEC at:

                     http://bit.ly/2myCFcQ

                      About Erickson Inc.

Founded in 1971, Erickson Incorporated (otcmkts:EACIQ) --
http://www.ericksoninc.com/-- is a vertically-integrated  
manufacturer and operator of the powerful heavy-lift Erickson S-64
Aircrane helicopter, and is a leading global provider of aviation
services.

Erickson Incorporated, based in Portland, OR, and its affiliates
each filed a Chapter 11 petition (Bankr. N.D. Tex.; Erickson
Incorporated, Case No. 16-34393; Evergreen Helicopters
International, Inc., Case No. 16-34392; EAC Acquisition
Corporation, Case No. 16-34394; Erickson Helicopters, Inc., Case
No. 16-34395; Erickson Transport, Inc., Case No. 16-34396;
Evergreen Equity, Inc., Case No. 16-34397; Evergreen Unmanned
Systems, Inc., Case No. 16-34398) on Nov. 8, 2016.  

In its petition, Erickson estimated $942.8 million in assets and
$881.5 million in liabilities.

The Hon. Harlin D. Hale is the case judge.

Haynes and Boone is serving as bankruptcy counsel to the Debtors.
Kenric D. Kattner, and Kourtney P. Lyda, Esq., of the firm's
Houston office and Ian T. Peck and David Lawrence Staab of the
firm's Fort Worth office, head the engagement.

Imperial Capital is serving as investment banker to the debtors,
with Christopher Shephard, co-head of the firm's Investment Banking
Group and head of Capital Markets, leading the engagement.

Alvarez & Marsal is serving as financial advisor, with managing
director Steven Varner leading the engagement.

Kurtzman Carson Consultants, LLC, is the Debtors' claims, noticing
and balloting agent and the subscription agent in the rights
offering.

No statutory committee of creditors has been appointed in the
case.

Goldberg Kohn, Ltd., is lead counsel for DIP revolving agent and
existing first lien agent Wells Fargo Bank, and revolving lenders
Deutsche Bank, Bank of the West and HSBC.  Randall Klein, principal
at Goldberg and chair of the firm's Bankruptcy & Creditors' Rights
Group, heads the engagement.

David Weitman, a partner at K&L Gates, LLP, is local counsel to
Wells Fargo.  Akin Gump Strauss Hauer & Feld LLP is representing
the ad hoc group of holders of 8.25% Second Priority Senior Secured
Notes due 2020.  Partner Scott L. Alberino heads the engagement.

Seyfarth Shaw LLP and The Law Offices of Mark A. Weisbart are
representing Wilmington Trust, as indenture trustee for the 8.25%
notes.  Edward M. Fox, a partner in the litigation department of
Seyfarth Shaw, and James Brouner, attorney at the Law Offices of
Mar A. Weisbart, head the engagement.

Katten Muchin Rosenman LLP is representing funds managed by Quinn
Morgan at Centre Lane Partners.  Managing partner Brian F. Antweil
leads the engagement.

Ropes & Gray LLP is representing Wilmington Savings Fund Society,
FSB, the administrative agent under the proposed new second lien
credit facility.  Mark Somerstein, a partner at the firm, heads the
engagement.


PEABODY ENERGY: Lists $50.4 Million Net Income in January
---------------------------------------------------------
Peabody Energy Corporation, et. al, filed with the U.S. Securities
and Exchange Commission their corporate monthly operating report
for January 2017.

The Debtors' consolidated statement of operations reported a net
income of $50.4 million on $428.3 million total revenues for
January, a huge increase from $1.2 million net income recorded for
December 2016.

As of January 31, 2017, the Debtors posted consolidated total
assets of $11.76 billion, consolidated total liabilities of $11.36
billion, and $403.0 million in consolidated total shareholders'
equity.

The Debtors listed $261.3 million in total cash receipts and $267.4
million in total cash disbursements for the month.

A copy of the corporate monthly operating report is available at
the SEC at http://bit.ly/2mXmxgw

                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.



PEABODY ENERGY: Net Income Increases to $61 Million in February
---------------------------------------------------------------
Peabody Energy Corporation, et. al, filed with the U.S. Securities
and Exchange Commission their corporate monthly operating report
for February 2017.

The Debtors' consolidated statement of operations reported a net
income of $61.0 million on $383.6 million total revenues for
February, as compared to $50.4 million net income reported for the
previous month.

As of February 28, 2017, the Debtors posted consolidated total
assets of $11.84 billion, consolidated total liabilities of $11.37
billion, and $471.0 million in consolidated total shareholders'
equity.

The Debtors listed $241.3 million in total cash receipts and $253.0
million in total cash disbursements for February.

A copy of the corporate monthly operating report is available at
the SEC at http://bit.ly/2nXw3AY

                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.



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