TCR_Public/170331.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, March 31, 2017, Vol. 21, No. 89

                            Headlines

1201 N. SWAN: Disclosures OK'd; Plan Confirmation Hearing on May 3
5 STAR WASHER: Court Extends Cash Collateral Use Until June 30
A.N.D.K WEALTH: Bay Mountain Wants to Ban Cash Collateral Use
ACHAOGEN INC: Robert Duggan Holds 5.7% Equity Stake as of March 21
ACTIVECARE INC: Amends Preliminary 3.1-Mil. Units Prospects

AFTOKINITO RALLY: DOJ Watchdog Directed to Appoint Ch. 11 Trustee
AGRIEURO CORP: Limited Workforce Causes Delay in Form 10-Q Filing
AMERIFLEX ENGINEERING: Taps R.K. Short as Financial Consultant
AUDIENCE RESEARCH: Court Approves Disclosure Statement
AUTO GOBBLER: Maltz to Auction Assets on May 24

AUTO TECH 101: Hires Trenk DiPasquale as Attorney
AVINGER INC: Ernst & Young LLP Raises Going Concern Doubt
AZURE MIDSTREAM: Seeks to Modify Severance Program
B&G FOODS: Moody's Affirms B1 Corporate Family Rating
BALLANTRAE LLC: Hires McMahon as Attorney

BARIA AND SONS: Hires Chase Bylenga as Counsel
BASS PRO: Bank Debt Trades at 4% Off
BEHNEY CORP: Case Summary & 20 Largest Unsecured Creditors
BISTRO AT CHERRY: Voluntary Chapter 11 Case Summary
BONDHU LLC: Case Summary & Unsecured Creditor

BOSTWICK LABORATORIES: Taps James Patrick Carroll as CRO
BREVARD EYE: Needs Approval to Use SummitBridge Cash Collateral
CAMPUS HABITATS: Hires McBreen & Kopko as Counsel
CASTLE PINES: American Microloan to be Paid $70,000 Under Plan
CENOVUS ENERGY: Moody's Affirms Ba2 CFR, Outlook Remains Stable

CENTER DESIGNS: Carter Bank Asks Court to Ban Cash Collateral Use
CHARLIE BROWN'S: Plan Confirmation Hearing on May 10
CHESAPEAKE ENERGY: 'Done More, Doing More... More to Do'
CINRAM GROUP: April 3 Meeting Set to Form Creditors' Panel
CLASSICAL DEVELOPMENT: Taps Marathon Realty as Real Estate Broker

CLAYTON WILLIAMS: Facing Lawsuits Over Noble Merger Agreement
COLD SPY: Seeks to Hire Roussos Glanzer as Legal Counsel
COSI INC: Seeks Financing Increase to $7.5 Million
CREATIVE REALITIES: Reports $6.37 Million Net Loss for 2016
CRR INC: U.S. Trustee Unable to Appoint Committee

CRSI INC: U.S. Trustee Unable to Appoint Committee
CYTOSORBENTS CORP: Bolsters IP Portfolio with New Patents Issuance
DAVID GEERTS: Midwestern BioAg Replaces Kophamer as Panel Member
DAVID'S BRIDAL: Bank Debt Trades at 15% Off
DON GREEN: Hearing on Disclosure Statement Scheduled for May 4

DOUBLE J FARMS: Hires Markham as Bankruptcy Counsel
DURECT CORP: Ernst & Young LLP Raises Going Concern Doubt
EARL GAUDIO: May 9 Deadline Set for Refrigerated Warehouse Bids
EKSO BIONICS HOLDINGS: Oum & Co. LLP Casts Going Concern Doubt
ENDLESS SALES: U.S. Trustee Unable to Appoint Committee

ERATH IRON: Gets Interim Nod to Use Cash Collateral Until May 20
ERICKSON INC: Chapter 11 Post-Confirmation Order Entered
ESP RESOURCES: Panel Seeks Case Conversion to Chapter 7
FINJAN HOLDINGS: Adopts 2017 Executive Incentive Compensation Plan
FREESEAS INC: LG Capital Reports 9.8% Stake as of March 24

FTS CAPITAL: Hires Ehrhard & Associates as Counsel
GELTECH SOLUTIONS: Incurs $4.67 Million Net Loss in 2016
GETTY IMAGES: Bank Debt Trades at 12% Off
GRAND PERFECTA: Negative Cash Flow Raises Going Concern Doubt
HAMILTON SUNDSTRAND: Bank Debt Trades at 5% Off

HAYDEL PROPERTIES: Hires McEnery Company as Appraiser
HBT JV: DK8 Unit Hires Gardere Wynne as Counsel
HBT JV: Hires Forshey & Prostok as Counsel
HBT JV: Taps Focus Management as Financial Advisor
HBT JV: Taps JND Corporate as Noticing and Claims Agent

HD SUPPLY: Moody's Hikes Corporate Family Rating to Ba3
HEALTHIER CHOICES: Opens New Ada's Greenleaf Grill in Florida
HUDSON'S BAY: Bank Debt Trades at 3% Off
HUMAN CONDITION: Wants $425,000 DIP Financing From AIG PC OK'd
INTERNATIONAL SHIPHOLDING: Cases of 2 Affiliates Dismissed

ISAACSON IMPLEMENT: Wants to Continue Using Cash Until May 31
J&M FOOD: Taps Canterbury Law Group as Legal Counsel
J. CIOFFI LEASING: Asks Court Approval to Use Cash Collateral
JEFFREY P. ALEXANDER DDS: Trustee Hires McCord as Accountant
JESUS MISSION: To Liquidate Assets under Chapter 11 Plan

K.J.B. SPECIALTIES: Intends to Use Ameris Bank Cash Collateral
KCST USA: Taps Darr of Huron Consulting as CRO
KEMET CORP: Files Conflict Minerals Report for 2016
LINDLEY FIRE: U.S. Trustee Forms 3-Member Committee
MF GLOBAL: Court Allows Claim That PwC's Services Led to Collapse

MFR RENTAL: Hires Buddy Ford as Attorney
MICROVISION INC: Director Richard Cowell to Retire After 20 Years
MONTCO OFFSHORE: Seeks Nod of $3.15-Mil Loan, Cash Collateral Use
MONTCO OFFSHORE: U.S. Trustee Forms 7-Member Committee
MPM HOLDINGS: 36.5 Million Shares Up for Sale

NEIMAN MARCUS: Bank Debt Trades at 20% Off
NORTHWEST GOLD: Hires Erik LeRoy as Counsel
NOVA TERRA: Taps Ruben Gonzalez Marrero as Legal Counsel
NY COMMUNITY BANCORP: Fitch Affirms BB- Preferred Stock Rating
OCEAN RIG: Reaches Restructuring Support Agreement with Creditors

OMNICOMM SYSTEMS: Posts $102K Net Income for 2016
OPEXA THERAPEUTICS: Incurs $7.98 Million Net Loss in 2016
OVERTON & OGBURN: Needs Approval to Continue Cash Collateral Use
PARKER DEVELOPMENT: Consent Order on Cash Use Entered
PEABODY CORP: Management Team to Meet with Investors, Analysts

PEABODY ENERGY: Reports $732 Million Net Loss for 2016
PETSMART INC: Bank Debt Trades at 5% Off
PROINOS BREAKFAST: Hires Blanchard as Attorney
PUERTO RICO: Bondholder Group Expresses Concerns on Fiscal Plan
RECOM INC: Swift Financial Does Not Consent to Cash Collateral Use

RETAIL DESIGNS: Carter Bank Seeks to Prohibit Cash Collateral Use
RL ENTERPRISE: Hires Ballstaedt as Bankruptcy Attorney
ROYAL HAWAIIAN: EKS&H LLLP Raises Going Concern Doubt
RP BROADCASTING: Court Approves Chapter 11 Trustee Appointment
RXI PHARMACEUTICALS: Copy of Presentation at Cancer Forum

SEANIEMAC INTERNATIONAL: Shane O'Driscoll Quits as Director
SNAP INTERACTIVE: Incurs $1.45 Million Net Loss in 2016
SQUARETWO FINANCIAL: Has Interim OK to Obtain $10M DIP Financing
T-REX OIL: Reports $1.1 Million Net Loss for Third Quarter
THIRTEEN EAST: Cash Collateral Moot as Case Dismissed

TOSHIBA CORP: Owed $1.29B by Nuclear Unit, Sees JPY1.1-Tril. Loss
TRIANGLE PETROLEUM: Receives NYSE MKT Delisting Notice
TRIANGLE USA: Court Approves Severance for Departing Employees
USI INC: Moody's Assigns B3 CFR; Outlook Stable
VANGUARD NATURAL: Wants Plan Outline Hearing Moved to April 13

VMF INC: Seeks to Hire Doran & Doran as Legal Counsel
WAGES MANOR: U.S. Trustee Unable to Appoint Committee
WALTER INVESTMENT: Bank Debt Trades at 14% Off
WEATHERFORD INTERNATIONAL: Dodge & Cox Owns 8.5% of Shares
WESTINGHOUSE ELECTRIC: Balance Sheet as of Feb. 28, 2017

WESTINGHOUSE ELECTRIC: Goldman Beefs Up DIP Financing Offer
WESTINGHOUSE ELECTRIC: Owes $49.7 Million to Employees
WESTINGHOUSE ELECTRIC: Proposes to Pay $87.3M to Critical Vendors
WESTMORELAND COAL: Promotes Gary Kohn to Chief Financial Officer
WESTMOUNTAIN GOLD: Hires Schwabe Williamson as Special Counsel

WL MECHANICAL: Hires Foster as Bankruptcy Counsel
WRIGHT'S WELL: Hires Aguillard as Attorney
[*] Kenneth Kase Conte Named Bridgepoint Dallas Office Director
[*] New Jersey Resources Appoints Nancy Washington as Sr. VP, GC
[^] BOOK REVIEW: Oil Business in Latin America: The Early Years


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1201 N. SWAN: Disclosures OK'd; Plan Confirmation Hearing on May 3
------------------------------------------------------------------
The Hon. Brenda Moody Whinery of the U.S. Bankruptcy Court for the
District of Arizona has approved 1201 N. Swan, LLC's disclosure
statement dated Jan. 18, 2017, referring to the Debtor's plan of
reorganization dated Nov. 10, 2016.

The initial hearing to consider the confirmation of the Plan is set
for May 3, 2017, at 10:00 a.m.

Objections to the confirmation of the Plan must be filed by April
26, 2017.

Acceptances or rejections of the Plan must be filed by April 26,
2014.

The written report by proponent must be filed on April 28, 2017.

The Troubled Company Reporter previously reported that under the
Plan, holders of allowed Class 3 Claims will share pro rata in
three $750 distributions. The first $750 distribution will be made
on the first business day of the first month, starting 30 days
after the Effective Date. The second $750 distribution will be
distributed 120 days after the first payment.  The third and final
$750 distribution will be made 120 days after the second
distribution.

Headquartered in Tucson, Arizona, 1201 N. Swan, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. D. Ariz. Case No.
16-09256) on Aug. 11, 2016, estimating its assets and liabilities
at between $100,001 and $500,000 each.  Kasey C. Nye, Esq., at
Kasey C. Nye, Lawyer, PLLC, serves as the Debtor's bankruptcy
counsel.


5 STAR WASHER: Court Extends Cash Collateral Use Until June 30
--------------------------------------------------------------
Judge Michael J. Kaplan of the U.S. Bankruptcy Court for the
Western District of New York authorized 5 Star Washer Technical
Services Inc. to continue using cash collateral through June 30,
2017.

The Debtor is authorized to use cash collateral on the same terms
set forth in the Court's Twentieth Interim Cash Collateral Order,
entered on Jan. 13, 2016.

In addition, Judge Kaplan extended the Debtor's time to confirm its
Small Business Plan through June 30, 2017.

A further hearing and status report on confirmation of the Debtor's
Plan and on approval of any further extension of both time to
confirm the Debtor's Small Business Plan and the Debtor's continued
use of cash collateral beyond June 30, 2017 will be held on June
21, 2017 at 10:00 a.m.

A full-text copy of the Order dated March 22, 2017, is available at
https://is.gd/QfZWzl

                    About 5 Star Washer

5 Star Washer Technical Services Inc., successor-in-interest to 5
Star Washer Service Inc., filed a Chapter 11 petition (Bankr.
W.D.N.Y. Case No. 13-10738) on March 22, 2013.  The petition was
signed by Becki L. Spears, president.  The case is assigned to
Judge Michael J. Kaplan.  The Debtor is represented by Daniel F.
Brown, Esq. at Andreozzi, Bluestein, Fickess, Muhlbauer Weber,
Brown, LLP.  At the time of filing, the Debtor estimated assets at
$1,000,001 to $10,000,000 and liabilities at $500,001 to
$1,000,000.


A.N.D.K WEALTH: Bay Mountain Wants to Ban Cash Collateral Use
-------------------------------------------------------------
Bay Mountain Funding I LLC asks the U.S. Bankruptcy Court for the
Northern District of Georgia to prohibit A.N.D.K. Wealth
Management, Ltd., from using cash collateral without provision for
adequate protection of the Bay Mountain's interests in the cash
collateral.

The Debtor is indebted to Bay Mountain in the approximate
outstanding balance of $980,232, as of the Petition Date, secured
by an interest in real property -- rental income producing
condominium -- commonly known as Hamilton Townhomes, 2400
Campbellton Road SW, Atlanta, GA 30311, and an interest in the
rents from said Property.

Bay Mountain believes that the Debtor continues to collect and use
rents and income from the Property postpetition.  But the Debtor is
not delivering the rents to Bay Mountain, and has been dispersing
the rents and not segregating them as Bay Mountain's cash
collateral.  Bay Mountain demands that the Debtor segregate all
rents and other income from the Property in a separate account
without offset or deduction of any kind and to hold the same for
the benefit of Bay Mountain.

Bay Mountain asserts that all rents and income generated by the
Debtor's operation of the Property, constitute its cash collateral.
However, since the Debtor did not file any first day motions in
this case and has not sought leave of Court to use the Cash
Collateral, Bay Mountain does not have information regarding the
amount of Rents collected by Debtor each month.  As such, Bay
Mountain asks the Court to require Debtor to provide Bay Mountain
an accounting of all rent and other income from the Property.

A hearing on Bay Mountain's Motion will be held on April 6, 2017 at
11:00 a.m.

Bay Mountain Funding I LLC is represented by:

          William O. Tate, Esq.
          Lisa A. Frank, Esq.
          McCalla Raymer Leibert Pierce, LLC
          110 S.E. 6th Street Suite 2400
          Ft. Lauderdale, FL 33301
          Phone: (678) 281-6473

               About A.N.D.K Wealth Management

Decatur, Georgia-based A.N.D.K Wealth Management, Ltd., filed a
Chapter 11 petition (Bankr. N.D. Ga. Case No. 17-54317) on March 7,
2017.  The petition was filed pro se.




ACHAOGEN INC: Robert Duggan Holds 5.7% Equity Stake as of March 21
------------------------------------------------------------------
In a Schedule 13D filed with the Securities and Exchange
Commission, Robert W. Duggan, a private investor, disclosed that as
of March 21, 2017, he beneficially owns 2,035,888 shares of common
stock of Achaogen, Inc. representing 5.7 percent of the shares
outstanding.  The aggregate percentage of Shares reported owned by
the Reporting Person is based on 35,781,564 Shares outstanding, as
of March 1, 2017, which is the total number of Shares outstanding
as reported in the Issuer's Annual Report on Form 10-K, filed with
the Securities and Exchange Commission on March 14, 2017.

"The Reporting Person purchased the Shares based on the Reporting
Person's belief that the Shares, when purchased, were undervalued
and represented an attractive investment opportunity.  Depending
upon overall market conditions, other investment opportunities
available to the Reporting Person, and the availability of Shares
at prices that would make the purchase or sale of Shares desirable,
the Reporting Person may endeavor to increase or decrease his
position in the Issuer through, among other things, the purchase or
sale of Shares on the open market or in private transactions or
otherwise, on such terms and at such times as the Reporting Person
may deem advisable," he said in the regulatory filing.

A full-text copy of the Schedule 13D is available for free at:

                     https://is.gd/9amERD

                      About Achaogen, Inc.

Achaogen, Inc. -- http://www.achaogen.com/-- 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 $71.22 million on $41.77 million of
contract revenue for the year ended Dec. 31, 2016, compared to a
net loss of $27.09 million on $26.06 million of contract revenue
for the year ended Dec. 31, 2015.  As of Dec. 31, 2016, Achaogen
had $163.92 million in total assets, $57.19 million in total
liabilities and $106.73 million in total stockholders' equity.


ACTIVECARE INC: Amends Preliminary 3.1-Mil. Units Prospects
-----------------------------------------------------------
ActiveCare, Inc., filed with the U.S. Securities and Exchange
Commission an amended registration statement relating to the
proposed offering of 3,090,910 units, each unit consisting of one
share of its common stock, $0.00001 par value per share, and one
warrant to purchase one share of its common stock.  The Company
anticipates a public offering price between $5.00 and $6.00 per
unit.  The warrants included within the units are exercisable
immediately, have an exercise price of $6.88 per share (125% of the
public offering price based on an assumed initial offering price of
$5.50 per unit, the mid-point of the price range) and expire five
years from the date of issuance.

The Company amended the registration statement 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 our application will
be approved.  On March 27, 2017, the last reported sale price for
the Company's common stock on the OTCQB was $23.50 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 amended Form S-1 is available at:

                      https://is.gd/mA6Ykg

                        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 businesses.  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.


AFTOKINITO RALLY: DOJ Watchdog Directed to Appoint Ch. 11 Trustee
-----------------------------------------------------------------
Chief U.S. Bankruptcy Judge Bruce A. Harwood of the U.S. Bankruptcy
Court for the District of New Hampshire entered an Order directing
the U.S. Trustee to appoint a disinterested Chapter 11 Trustee for
Aftokinito Rally, Inc.

Chief Judge Harwood added that neither the Debtor nor its
principal, Stephan Condodemetraky, nor any other person or entity
will be permitted to remove any vehicles or any other property from
the Debtor's facility at 27 Airport Road, Nashua, NH.. Provided,
however, Mr. Condodemetraky will be permitted to remove the five
cars to a warehouse located at 8 Tinkham Ave., Unit D, Derry, NH
currently being leased by Tenedos Holdings, Inc.

Moreover, the Court ordered Mr. Condodemetraky to use the two
flatbed trucks being leased by the Debtor to transport the five
vehicles last March 24, 2017.

              About Aftokinito Rally

Based in Nashua, New Hampshire, Aftokinito Rally, Inc., sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. N.H.
Case No. 17-10184) on Feb. 16, 2017.  The petition was signed by
Stephan Condodemetraky, president.

At the time of the filing, the Debtor estimated assets of $1
million to $10 million and liabilities of less than $1 million.


AGRIEURO CORP: Limited Workforce Causes Delay in Form 10-Q Filing
-----------------------------------------------------------------
AgriEuro Corp said that its quarterly report on Form 10-Q for the
period ended Dec. 31, 2016, will not be submitted by the deadline
due to a situation where the workload exceeds available personnel.
The Company was unable to complete analysis of all financial and
non-financial information needed to be included in the report.

                      About AgriEuro

AgriEuro Corp., formerly Artex Corp., is engaged in the business of
agriculture, aquaculture and hospitality.  The Company holds
interests in S.C. Piscicola Tour A.P. Periteasca S.R.L. (SRL).
SRL's investments and assets are located in the country of Romania
in the Periteasca - Leahova area, on the administrative territory
of Murighiol locality, Tulcea County, between Black Sea, Grindul
Lupilor and Lagoon Complex Razim - Sinoe.

As of Sept. 30, 2016, AgriEuro had $4.30 million in total assets,
$2.46 million in total liabilities and $1.84 million in total
stockholders' equity.

"As of September 30, 2016, the Company has a working capital
deficit of approximately $1.78 million.  The Company completed its
winter reed harvest and has recorded 349,088 raw bundles effective
March 31, 2016 a portion of which were subsequently cleaned, culled
and prepared for initial sales commencing late May 2016.  As of
September 30, 2016 the Company has sold approximately 55% of its
total expected saleable inventory and holds 18,972 saleable bundles
in inventory as well as approximately 114,619 raw bundles for
processing.  The Company expects to burn its crop fields during the
fourth quarter of fiscal 2016 and should have completed sale of the
finished reed bundles by close of the fourth quarter as well.  As
of the date of these financial statements, the Company has not
acquired automated harvesting equipment and is again relying on
manual labor in order to harvest and produce its saleable reed crop
in 2016.  The result of not purchasing automated harvesting
equipment is an approximate 85% reduction in potential yield while
at the same time increasing costs due to the required use of manual
labor.  These factors raise substantial doubt about the Company's
ability to continue as a going concern."


AMERIFLEX ENGINEERING: Taps R.K. Short as Financial Consultant
--------------------------------------------------------------
Ameriflex Engineering, LLC, seeks authority from the U.S.
Bankruptcy Court for the District of Oregon to employ the R.K.
Short & Associates, Inc., as financial consultant to the Debtor.

Ameriflex Engineering requires R.K. Short to:

   a. evaluate the assets and liabilities of the Debtor;

   b. prepare financial and operating statements of the Debtor;

   c. prepare business plans and forecasts of the Debtor for the
      chapter 11 plan of reorganization; and

   d. review the potential financial alternatives of the Debtor.

R.K. Short will be paid at the hourly rate of $220, and $110 per
hour for out of town travel time.

R.K. Short received a retainer from the Debtor in the amount of
$25,000 on March 17, 2017. On March 22, 2017, prior to the filing
of the petition, R.K. Short was paid $3,300, leaving a balance in
R.K. Short 's Client Trust Account of $21,700.

R.K. Short will also be reimbursed for reasonable out-of-pocket
expenses incurred.

R. Kim Short, partner of R.K. Short & Associates, Inc., 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.

R.K. Short can be reached at:

     R. Kim Short
     R.K. SHORT & ASSOCIATES, INC.
     975 Oak St., Suite 700
     Eugene, OR 97401-3121
     Tel: (541) 484-2434

                   About Ameriflex Engineering, LLC

Ameriflex Engineering LLC, based in White City, OR, filed a Chapter
11 petition (Bankr. D. Or. Case No. 17-60837) on March 22, 2017.
The Hon. Thomas M Renn presides over the case. Tara J. Schleicher,
Esq., at Farleigh Wada Witt, serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Pacific
Diamond & Precious Metals, Inc., member.


AUDIENCE RESEARCH: Court Approves Disclosure Statement
------------------------------------------------------
The Hon. David E. Rice of the U.S. Bankruptcy Court for the
District of Maryland has approved Audience Research Analysis,
Inc.'s amended disclosure statement filed on Feb. 6, 2017,
referring to the Debtor's plan of reorganization dated Feb. 6,
2017.

As reported by the Troubled Company Reporter on Feb. 14, 2017, the
Court conditionally approved the Disclosure Statement.  According
to the Debtor's amended Disclosure Statement, Class III - Unsecured
Claims of Bank of America (unsecured portion of Claim 4-1), Bank of
America (Claim 3-1), and Bank of America credit card (scheduled
claim as adjusted by setoffs against the guarantor's personal
account) is comprised of the aggregate balances of all unsecured
claims not entitled to priority.  The aggregate balances of the
claims are $154,151.62 and consist of (a) Bank of America for the
unsecured portion of Claim 4-1, i.e., $14,769.38; (b) the unsecured
claim of Bank of America (Claim 3-1 $117,686.92); and (c) the
remaining credit card balance of $21,695.32 owed to Bank of
America.

                    About Audience Research

Headquartered in New Windsor, Maryland, Audience Research Analysis,
Inc., started operations in the 1980s.  It was formed to provide
the public radio system with easy-to-understand, actionable
audience research, at a time when audience research was just
starting to be used to guide programming and management decisions.
The Debtor uses the raw listening data (gathered on behalf of
stations by the Nielsen company), and creates in-depth analyses of
each station's audience, from who they are, to when they listen,
and who is the competition, so each station can gauge the
effectiveness of its programming.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Md. Case No. 16-16988) on May 21, 2016, estimating its assets at up
to $50,000 and its liabilities at between $100,001 and $500,000.
Edward M. Miller, Esq., at Miller and Miller, LLP, serves as the
Debtor's bankruptcy counsel.


AUTO GOBBLER: Maltz to Auction Assets on May 24
-----------------------------------------------
Maltz Auctions will hold an auction for the 110,000 sq. ft.
industrial assemblage owned by Auto Gobbler Parts Inc. on May 24,
2017, at 11:00 a.m.  The auction will be conducted at NY LaGuardia
Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst,
New York.

Property will be sold free and clear of all liens, claims &
encumbrances.  In order to register to bid, all prospective bidders
must present a cashier's check in an amount of; $200,000 to bid on
Offering A, $50,000 to bid on Offering B, $250,000 to bid on
Offering C and/or $300,000 to bid on Offering D.  All checks for
Offerings A, B & C must be made payable to "Robert J. Musso,
Chapter 7 Trustee".  All checks for Offering D must be made payable
to Maltz Auctions, Inc.

In addition, a 5% buyer's premium will be added to the successful
bidder's high bid to determine the contract price to be paid by the
successful bidder.  A 1% commission will be paid to any properly
licensed buyer broker who registers a successful buyer in
accordance with the buyer broker guidelines.

Additional information regarding the upcoming auction is available
at https://is.gd/xa7fiy

Maltz Auctions can be reached at:

   MALTZ AUCTIONS
   Richard B. Maltz, Auctioneer
   David A. Constantino, Auctioneer
   39 Windsor Place
   Central Islip, NY 11722
   Tel: 516.349.7022
   Fax: 516.349.0105
   Email: info@MaltzAuctions.com

Robert J. Musso, Chapter 7 Trustee, retained as counsel:

   Rosenberg, Musso & Weiner, LLP
   Attorneys for the Chapter 7 Trustee
   26 Court St.
   Brooklyn, NY 11242
   Tel: 1-800-297-6840
   
Based in New York, Auto Gobbler Parts Inc. filed for Chapter 11
protection on June 16, 2015 (U.S. Bankr. E.D.N.Y. Case No.
15-42814).  Hon. Elizabeth S. Stong presides over the Debtor's
case.  Narissa A Joseph, Esq., at Law Office of Narissa Joseph
represents the Debtor's Case.  The Debtor listed $0 in total assets
and $2 million in total liabilities.


AUTO TECH 101: Hires Trenk DiPasquale as Attorney
-------------------------------------------------
Andrea Dobin, the Trustee of Auto Tech 101, Inc., seeks authority
from the U.S. Bankruptcy Court for the District of New Jersey to
employ Trenk DiPasquale Della Fera & Sodono, P.C., as attorney to
the Trustee.

The Trustee requires Trenk DiPasquale to represent and assist the
Chapter 11 Trustee in the investigation of the Debtor's affairs and
to assist in the Debtor's reorganization.

Trenk DiPasquale will be paid at these hourly rates:

     Partners                  $390-$600
     Associates                $225-$350
     Law Clerks                $190-210
     Support Staff             $140-$195

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

Andrea Dobin, partner of Trenk DiPasquale Della Fera & Sodono,
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.

Trenk DiPasquale can be reached at:

     Andrea Dobin, Esq.
     TRENK DIPASQUALE DELLA FERA & SODONO, P.C.
     427 Riverview Plaza
     Trenton, NJ 08611
     Tel: (609) 695-6070

                   About Auto Tech 101, Inc.

Auto Tech 101, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
D.N.J. Case No. 17-13314) on February 21, 2017, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Harrison Ross Byck, Esq., at Kasuri Byck, LLC. The Debtor also
hired Trenk DiPasquale Della Fera & Sodono, P.C., as attorney.


AVINGER INC: Ernst & Young LLP Raises Going Concern Doubt
---------------------------------------------------------
Avinger, Inc., filed with the U.S. Securities and Exchange
Commission its annual report on Form 10-K, disclosing a net loss of
$56.13 million on $19.21 million of revenues for the fiscal year
ended December 31, 2016, compared to a net loss of $47.34 million
on $10.71 million of revenues for the fiscal year ended December
31, 2015.

Ernst & Young LLP notes 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.

The Company's balance sheet at December 31, 2016, showed total
assets of $53.56 million, total liabilities of $49.32 million, and
a stockholders' equity of $4.24 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   https://is.gd/29phM2

                   About Avinger, Inc.

Avinger, Inc., is a commercial-stage medical device company.  The
Company designs, manufactures and sells image-guided,
catheter-based systems that are used by physicians to treat
patients with peripheral arterial disease (PAD).  The Company
focuses on introducing products based on its lumivascular platform,
which is an intravascular image-guided system.  The Company
manufactures and sells a suite of products in the United States and
certain European markets.



AZURE MIDSTREAM: Seeks to Modify Severance Program
--------------------------------------------------
BankruptcyData.com reported that Azure Midstream Partners filed
with the U.S. Bankruptcy Court an expedited motion for entry of an
order authorizing the Debtors to pay severance to non-insider
employees. The motion explains, "In consultation with the Lenders,
the Debtors have agreed to modify the Severance Program to (a)
adjust the size of the severance payment provided to each Eligible
Employee depending on the employee's length of service with the
Company per the terms set forth in the table below and up to an
aggregate cap of $500,000, to which each Eligible Employee would
share pro rata, and (b) clarify that Eligible Employees who are
employed or retained in any capacity (including without limitation,
as a consultant or independent contractor) by any Non-Debtor
Affiliate Company within 3 months of termination are required to
disgorge and return their Severance Payment back to the Debtors'
Estates upon the commencement of such employment or retention.
Debtors estimate that their net severance obligations, after
deduction of the applicable retention payments, will be between
approximately $225,000 and $517,000. Of these amounts, the Debtors
estimate that between approximately $66,000 and $120,000 of the
Debtors' aggregate severance obligations will be for amounts in
excess of the $12,850 priority cap. Through this Motion, the
Debtors seek authorization to continue the Severance Program, as
modified, on a post-petition basis for Eligible Employees
terminated on or after the effective date of the Sale Transaction,
including to honor Severance Payments that may be owed in excess of
the $12,850 priority cap."

                 About Azure Midstream Partners

Azure Midstream Partners, LP, is a publicly traded Delaware master
limited partnership that was formed by NuDevco Partners, LLC, and
its affiliates to develop, own, operate and acquire midstream
energy assets.

Azure Midstream and 11 of its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Lead Case No.
17-30461) on Jan. 30, 2017.  The petitions were signed by I.J.
Berthelot, II, president.  The cases are assigned to Judge David R
Jones.

Azure disclosed $375.53 million in assets and $179.38 million in
liabilities as of as of Sept. 30, 2016.

Vinson & Elkins LLP is serving as corporate counsel to the Debtors;
Evercore Group LLC is serving as as financial advisor; Alvarez &
Marsal North America LLC is serving as restructuring advisor; and
Kurtzman Carson Consultants LLC is serving as claims, noticing &
balloting agent


B&G FOODS: Moody's Affirms B1 Corporate Family Rating
-----------------------------------------------------
Moody's Investors Service affirmed its Corporate Family Rating
(CFR) and Probability of Default Rating (PDR) for B&G Foods Inc.,
at B1 and B1-PD, respectively. Concurrently, Moody's assigned a B3
rating to the company's newly proposed $500 million 8-year senior
unsecured notes issuance. In addition, Moody's upgraded the ratings
for the company's existing senior secured debt ($750 million
principal, $640 million outstanding term loan B; $500 million
revolving credit facility), to Ba2 from Ba3, principally given the
rating agency's reassessment of loss given default for secured and
unsecured creditors following the shift in debt capitalization,
wherein the former would now be expected to recover more at the
expense of greater loss absorption for the latter in an event of
default scenario. Finally, Moody's affirmed the B3 rating for the
company's existing $700 million of senior unsecured notes due 2021,
as well as the company's SGL-1 speculative grade liquidity rating.
Moody's plans to withdraw the Ba3 rating for company's existing
term loan A that is being refinanced in connection with this
transaction. The ratings outlook remains stable.

Proceeds from the newly proposed notes are expected to be used to
term out $223 million of existing revolver borrowings and repay
$234 million of existing term loan A borrowings, with the balance
net of transaction fees and expenses expected to add $34 million of
cash to the company's balance sheet.

"Although the planned B&G Foods transaction will lock in long-term
financing at a fixed rate, it is expected to moderately increase
the company's cost of capital as lower interest bearing debt is
being repaid with net proceeds from the issuance," said Moody's
Vice President Brian Silver. "Also, while liquidity will be
bolstered by the terming out of the company's current revolver
borrowings, Moody's expects subsequent draws under the revolver
will be used to fund future acquisitions, which may result in
higher financial leverage relative to current levels," added
Silver.

The following rating has been assigned for B&G Foods, Inc.:

$500 million newly proposed Senior Unsecured Notes due 2025 -- B3
(LGD5)

The following ratings have been upgraded for B&G Foods, Inc.:

$500 million Senior Secured Revolving Credit Facility due 2019 --
to Ba2 (LGD2) from Ba3 (LGD3)

$750 million principal ($640 million outstanding) Senior Secured
Term Loan B due 2022 -- to Ba2 (LGD2) from Ba3 (LGD3)

The following ratings have been affirmed for B&G Foods, Inc.:

Corporate Family Rating -- B1

Probability of Default Rating -- B1-PD

$700 million Senior Unsecured Notes due 2021 -- B3 (LGD5)

Speculative Grade Liquidity Rating -- SGL-1

The ratings outlook remains stable.

The following rating will be withdrawn for B&G Foods, Inc. upon
closing of the transaction:

$300 million principal ($234 million outstanding) Senior Secured
Term Loan A due 2019 -- Ba3 (LGD3)

RATINGS RATIONALE

B&G Foods' B1 CFR is largely reflective of the company's elevated
leverage profile and relatively aggressive financial policies,
highlighted by large dividend payments and the periodic use of debt
to fund potentially large acquisitions. B&G's rating is also a
function of its small but improving scale relative to more highly
rated industry peers, and its acquisitive growth strategy. The
company's FY16 debt-to-EBITDA, pro forma for its newly proposed
capital structure and contributions from the ACH and Victoria
acquisitions, was approximately 5.1x on a Moody's-adjusted basis.
Moody's expects some deleveraging will occur over the next twelve
to eighteen months, largely driven by EBITDA growth, but this could
be delayed by debt-funded acquisitions. The rating also considers
potential challenges associated with ongoing expansion into frozen
food, a category that has been under pressure over the last few
years. It also incorporates the potential for acquisition
integration risk, specifically from the recent acquisition of the
spices and seasonings business of ACH, and to a lesser degree from
Green Giant now that much of the integration has been completed.
The company's credit profile benefits from its relatively high
margins, consistent cash flow generation, a broad product portfolio
and a largely successful track record of integrating acquisitions.
B&G's willingness to dividend a high portion (roughly 50% - 65%) of
its cash from operations less capital spending is partially
mitigated by the consistency of its cash flow generation, low cash
tax and capital spending requirements (due in part to its extensive
use of co-packers), and its success in recouping commodity cost
increases through timely pricing actions within its niche branded
product offerings.

The stable ratings outlook is based on Moody's expectation that
B&G's leverage will moderately improve but remain in excess of 4.5x
over the next twelve to eighteen months. Leverage will also be
subject to periodic increases for debt-funded acquisitions. In
addition, the company is expected to continue to generate solid
cash flow and maintain a very good liquidity profile.

B&G's ratings could be upgraded if the company is able to sustain
debt-to-EBITDA below 5.0x, even considering a continuation of its
acquisition based growth strategy, and improve RCF-to-net debt such
that it approaches 10%. In addition, Moody's would expect the
company to grow its core base business prior to considering a
prospective ratings upgrade. Alternatively, ratings could be
downgraded if adjusted debt-to-EBITDA is sustained above 6.0x,
RCF-to-net debt weakens and is sustained below 5%, or liquidity
deteriorates and revolver borrowings increase materially.

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

B&G Foods, Inc., based in Parsippany, New Jersey, is a publicly
traded manufacturer and distributor of a diverse portfolio of
largely branded, shelf-stable food products, many of which have
leading regional or national market shares in niche categories. The
company also has a significant presence in frozen food following
the 2015 acquisition of Green Giant and maintains a small presence
in household products. B&G's brands include Cream of Wheat, Ortega,
Maple Grove Farms of Vermont, Polaner, B&M, Las Palmas, Mrs. Dash,
Green Giant, Pirate Brands, and Bloch & Guggenheimer, among others.
B&G sells to a diversified customer base including grocery stores,
mass merchants, wholesalers, clubs, dollar stores, drug stores, the
military and other food service providers. Pro forma for the
Victoria Fine Foods and ACH acquisitions, B&G generated net sales
for the twelve months ended December 2016 of approximately $1.6
billion.


BALLANTRAE LLC: Hires McMahon as Attorney
-----------------------------------------
Ballantrae, LLC, d/b/a Oceanside Academy School, seeks authority
from the U.S. Bankruptcy Court for the Southern District of Florida
to employ the law firm of Brian K. McMahon, P.A., as attorney to
the Debtor.

Ballantrae, LLC requires McMahon to:

   a. give advice to the Debtor with respect to its powers and
      duties as a debtor in possession;

   b. advise the Debtor with respect to its responsibilities in
      complying with the U.S. Trustee's Operating Guidelines and
      Reporting Requirements and with the rules of the court;

   c. prepare motions, pleadings, orders, applications, adversary
      proceedings, and other legal documents necessary in the
      administration of the case;

   d. protect the interest of the Debtor in all matters pending
      before the court; and

   e. represent the Debtor in negotiation with its creditors in
      the preparation of a plan.

McMahon will be paid at the hourly rate of $400.

McMahon will be paid a retainer in the amount of $5,000.

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

Brian K. McMahon, partner of Brian K. McMahon, 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.

McMahon can be reached at:

     Brian K. McMahon, Esq.
     BRIAN K. MCMAHON, P.A.
     1401 Forum Way, 6th Floor
     West Palm Beach, FL 33401
     Tel: (561) 478-2500
     Fax: (561) 478-3111
     E-mail: brian@bkmbankruptcy.com

                   About Ballantrae, LLC

Ballantrae, LLC, based in Sarasota, FL, filed a Chapter 11 petition
(Bankr. S.D. Fla. Case No. 17-13427) on March 22, 2017. Brian K.
McMahon, Esq., at Brian K. McMahon, P.A., to serve as bankruptcy
counsel.

In its petition, the Debtor estimated $2.03 million in assets and
$3.42 million in liabilities. The petition was signed by Corinne
Gates, manager member.

The Debtor has a fee simple interest in a property located at 5397
Roebuck Road, Jupiter, FL, Kiddie Haven North Lt 1 & 35-40-42, N
221 ft of S 281 ft of E 200 ft of W 625 ft of SW with a valuation
of $2 million. American Business Lending, Inc. holds a secured
claim against the Debtor amounting to of $3.38 million. In 2016,
the Debtor recorded gross revenue of $1.067 compared to gross
revenue of $1.069 million in 2015.


BARIA AND SONS: Hires Chase Bylenga as Counsel
----------------------------------------------
Baria and Sons, LLC, seeks authority from the U.S. Bankruptcy Court
for the Western District of Michigan to employ Chase Bylenga Hulst,
PLLC as counsel to the Debtor.

Baria and Sons requires Chase Bylenga to:

   a. provide information to the Debtor with regard to its duties
      and responsibilities as required by the U.S. Bankruptcy
      Code of the debtor-in-possession;

   b. assist in the preparation of schedules and statement of
      affairs;

   c. assist in the preparation of financial statements, balance
      sheets, and business plans;

   d. pursue any and all claims of the Debtor against third
      parties, including, but not limited to, preferences,
      fraudulent conveyances and accounts receivable;

   e. represent the Debtor with regard to any actions brought
      against it by third parties in the bankruptcy proceeding;

   f. assist in the negotiations with secured, unsecured, and
      priority creditors and preparing a Plan of Reorganization
      with a likelihood of confirmation;

   g. obtain confirmation of a Plan of Reorganization;

   h. clarify the Debtor's ownership and authority to file the
      proceeding; and

   i. pursue damages against LQD Business Finance, LLC, for its
      behavior in relation to loans made to the Debtor, and
      actions LQD Business took in attempting to collect on the
      loans, as more specifically described in the Adversary
      Complaint.

Chase Bylenga will be paid at these hourly rates:

     Partners                     $350
     Associates                   $275
     Legal Assistant              $125

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

Michael P. Hanrahan, member of Chase Bylenga Hulst, 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.

Chase Bylenga can be reached at:

     Michael P. Hanrahan, Esq.
     CHASE BYLENGA HULST, PLLC
     25 Division Ave., S, Suite 500
     Grand Rapids, MI 49503
     Tel: (616) 608-3061
     Fax: (616) 608-6521
     E-mail: mike@chasebylenga.com

                   About Baria and Sons, LLC

Baria and Sons, LLC filed a Chapter 11 petition (Bankr. W.D. Mich.
Case No. 17-00970), on March 6, 2017. The Petition was signed by
Gurinder Baria, General Manager. The Debtor is represented by James
R. Oppenhuizen, Esq. at Oppenhuizen Law Firm, PLC. At the time of
filing, the Debtor had estimated both assets and liabilities to be
between $500,000 to $1 million each.

No Trustee or Examiner has been appointed in the Debtor's Chapter
11 case and no Committees have been appointed designated.



BASS PRO: Bank Debt Trades at 4% Off
------------------------------------
Participations in a syndicated loan under Bass Pro Group LLC is a
borrower traded in the secondary market at 94.27
cents-on-the-dollar during the week ended Friday, March 24, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.22 percentage points from the
previous week.  Bass Pro pays 350 basis points above LIBOR to
borrow under the $2.97 billion facility. The bank loan matures on
Nov. 14, 2023 and carries Moody's B1 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 24.


BEHNEY CORP: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Behney Corp
           aka By-Crete
           aka Behney Fabrication
           aka Behney Fabrication and Welding, Inc.
           aka Behney Construction and Supply
        517 King Street
        Lebanon, PA 17042

Case No.: 17-01219

About the Debtor: Behney Corp -- http://www.behneycorp.com/-- is  
                  a manufacturer of concrete products from a
                  combination of cement and aggregate.

Chapter 11 Petition Date: March 29, 2017

Court: United States Bankruptcy Court
       Middle District of Pennsylvania (Harrisburg)

Judge: Hon. Robert N Opel II

Debtor's Counsel: Kathryn D Sallie, Esq.
                  PILLAR+AUGHT
                  4201 E. Park Circle
                  Harrisburg, PA 17111
                  Tel: 717-380-9627
                  E-mail: ksallie@pillaraught.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jay M. Behney, president and CEO.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at:

                http://bankrupt.com/misc/pamb17-01219.pdf


BISTRO AT CHERRY: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Debtor: Bistro at Cherry Hill, Inc.
        2000 Route 38 West, Store 1760
        Cherry Hill, NJ 08002

Case No.: 17-16167

About the Debtor: Headquartered in Cherry Hill, New Jersey, Bistro
                  at Cherry Hill is a casual dining restaurant     
  
                  offering American cuisines.  It is a small  
                  business debtor as defined in 11 U.S.C.
                  Section 101(51D).

Chapter 11 Petition Date: March 29, 2017

Court: United States Bankruptcy Court
       District of New Jersey (Camden)

Judge: Hon. Andrew B. Altenburg Jr.

Debtor's Counsel: Dimitri L Karapelou, Esq.
                  LAW OFFICES OF DIMITRI L. KARAPELOU, LLC
                  Two Penn Center
                  1500 JFK Boulevard, Suite 920
                  Philadelphia, PA 19102
                  Tel: (215) 391-4312
                  Fax: 215-701-8707
                  E-mail: dkarapelou@karapeloulaw.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Andrew Cosenza, president.

The Debtor did not file a list of its largest unsecured
creditors together with the petition.

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

         http://bankrupt.com/misc/njb17-16167.pdf


BONDHU LLC: Case Summary & Unsecured Creditor
---------------------------------------------
Debtor: Bondhu, LLC
        4111 Columbine Circle
        Charlotte, NC 28211

Case No.: 17-31656

About the Debtor: Bondhu is a single asset real estate, as defined
                  in 11 U.S.C. Section 101(51B).  Bondhu owns
                  100+/- acres of land commonly known as 3420
                  Warbro Road, Midlothian, VA.

Chapter 11 Petition Date: March 29, 2017

Court: United States Bankruptcy Court
       Eastern District of Virginia (Richmond)

Judge: Hon. Kevin R. Huennekens

Debtor's Counsel: Kevin A. Lake, Esq.
                  MCDONALD, SUTTON & DUVAL, PLC
                  5516 Falmouth Street, Suite 108
                  Richmond, VA 23230
                  Tel: 643-0000
                  Fax: 788-4427
                  E-mail: klake@mcdonaldsutton.com

Estimated Assets: $1 million to $10 million

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

The petition was signed by Joseph P. Pritchard, managing member.

The required list of creditors who have the 20 largest unsecured
claims that are not insiders contains a single entry: Erwin,
Bishop, Capitano & Moss, holding a claim of $99,723.

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

           http://bankrupt.com/misc/vaeb17-31656.pdf


BOSTWICK LABORATORIES: Taps James Patrick Carroll as CRO
--------------------------------------------------------
Bostwick Laboratories, Inc., et al, seek authority from the U.S.
Bankruptcy Court for the District of Delaware to employ James
Patrick Carroll of Carroll Services LLC as independent director and
chief restructuring officer to the Debtors.

Bostwick Laboratories requires Carroll Services to render these
services:

   Independent Director Role:

     (1) assist the Debtors' board of directors ("Board") in
         bringing to bear for the benefit of the Board the
         Independent Director's particular knowledge and
         experience;

     (2) faithfully, efficiently, competently and diligently
         perform his duties and exercise such powers as are
         appropriate to his role as an Independent Director;

     (3) attend all meetings of the Board and of any committees
         of the Board of which he is a member;

     (4) promptly declare, so far as he is aware, the nature of
         any interest, whether direct or indirect, in any
         contract or proposed contract entered into by any member
         of the Debtors;

     (5) comply with all reasonable requests, instructions and
         regulations given by the Chairman of the Board, or by
         any duly authorized committee thereof, and give to the
         Chairman of the Board such explanations, information and
         assistance as the Chairman of the Board may reasonably
         require; and

     (6) act in the best interests of the Debtors.

   CRO Role:

     (1) take any and all actions that are necessary, advisable
         or appropriate to assist the Debtors with their ongoing
         operations;

     (2) assist the Debtors in preparation for a transaction; and

     (3) assist the Debtors' counsel in the preparation of and
         support for any legal actions to be undertaken by the
         Debtors, including but not limited to, the filing of
         the chapter 11 cases and the sale of the Debtors'
         assets in a section 363 proceeding.

Carroll Services will be paid at the hourly rate of $435.

Carroll Services will be paid a retainer in the amount of $25,000.

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

James Patrick Carroll, sole and managing member of Carroll Services
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 Debtors and their
estates.

Carroll Services can be reached at:

     James Patrick Carroll
     CARROLL SERVICES LLC
     4450 Bonita Beach Rd., Suite 9
     Bonita Springs FL 34134
     Tel: (508) 229-3366

                   About Bostwick Laboratories, Inc.

Founded in 1999, Bostwick Laboratories, Inc., and Bostwick
Laboratories Holdings, Inc. -- http://www.bostwicklaboratories.com/
-- operate an independent, full-service anatomic pathology
laboratory and are a specialty provider of diagnostic testing
services for urologists and gynecologists in the U.S. The Debtors
operate a reference laboratory offering a comprehensive suite of
anatomic pathology and molecular testing services to independent
physicians nationally.

BLI is a wholly owned subsidiary of BLHI. BLHI has no business
operations of its own.

BLI provides laboratory services to the approximately $1.3 billion
urology market, with over 15 years of experience in the field of
diagnostic and prognostic testing for the approximately 7,500
non-hospital based urologists practicing in the United States. BLI
also has testing capabilities to serve other select subspecialty
markets outside of urology, including women's health / OBGYN,
gastroenterology, nephrology, and dermatology.

BLI has 193 employees, with 125 employees located at the laboratory
facility in Uniondale, New York. The employees perform a variety of
critical functions relating to the business, including billing and
registration, sales and marketing, and laboratory operations.

As of the bankruptcy filing, the Debtors estimated assets in the
range of $1 million to $10 million and liabilities of up to $100
million.

In August 2014, BLI entered into a settlement agreement with the
Department of Justice, under which BLI agreed to pay the DOJ
$7,000,000. The agreement resulted in a $3,200,000 unsecured
installment note, payable in seventeen quarterly installments,
beginning June 2016 with interest at 2.25%. The note matures in
June 2020. As of the Petition Date, the amount owed to the DOJ is
$2,702,020.

Bostwick Laboratories, Inc., and Bostwick Laboratories Holdings,
Inc., based in Uniondale, NY, filed separate Chapter 11 petitions
(Bankr. D. Del. Case Nos. 17-10570 and 17-10572) on March 15, 2017.
The Hon. Brendan Linehan Shannon presides over the case.  David B.
Stratton, Esq., Evelyn J. Meltzer, Esq., and John H. Schanne, II,
Esq., at Pepper Hamilton LLP, serve as bankruptcy counsel. The
Debtors hired Donlin Recano & Company as claims and noticing agent.


In its petition, the Debtor estimated $1 million to $10 million in
assets and $50 million to $100 million in liabilities. The petition
was signed by Tommy Hunt, CFO.

Andrew R. Vara, Acting U.S. Trustee for Region 3, appointed on
March 23, 2017, three creditors to serve on the official committee
of unsecured creditors.


BREVARD EYE: Needs Approval to Use SummitBridge Cash Collateral
---------------------------------------------------------------
Brevard Eye Center, Inc., and its affiliated debtors seek
authorization from the U.S. Bankruptcy Court for the Middle
District of Florida for the interim use of SummitBridge National
Investments V LLC's cash collateral.

The Debtors propose to use cash collateral to pay ordinary course
operating expenses including, without limitation, payroll for 110
employees and payment of insurance and taxes.  The proposed budget
provides total cash outflows from operations in the aggregate sum
of $8,372,071 for the period from March 2017 through December 2017.


Dr. Rafael Trespalacios is the 100% owner of all of the Debtor
entities.  The Debtors relate that Dr. Trespalacios purchased 25%
of the Debtor entities from another ophthalmologic surgeon seeking
to retire, and thereafter in 2013, purchased the remaining 75%
interests.  The purchase was financed by loans to Dr. Trespalacios
and to the entities by Bank of America, N.A.

In addition, Bank of America, the Debtors, and Dr. Trespalacios
entered in nine business loan agreements and promissory notes, and
in July 2016, Brevard Eye Center and Bank of America entered into a
tenth business loan agreement, which were secured by various
mortgages, commercial security agreements, and commercial
guaranties on all of the Debtors' real and personal property.

Subsequently, SummitBridge National Investments purchased the Bank
of America loans and has been assigned the Loan Documents from Bank
of America.  The outstanding indebtedness at the time of the
assignment of the Loan Documents is approximately $10,597,317.

SummitBridge and debtors Brevard Eye Center, Brevard Surgery
Center, and Medical City Eye Center, along with Wells Fargo Bank
N.A., entered into Deposit Account Control Agreements designating
certain of the Debtors' deposit accounts as collateral accounts and
purporting to grant SummitBridge National Investments certain
rights with respect to the Debtors' funds within those accounts
such as the ability to re-direct the distribution of all of the
Debtors' funds without notice to the Debtors.

The Debtors relate that prior to the filing of their bankruptcy
petitions, SummitBridge sent a DACA notice to Wells Fargo,
restricting the Debtors from accessing their own bank accounts and
which caused Wells Fargo to transfer all of the funds in the
Debtors' bank accounts to SummitBridge on March 15, 16, 17, 20, and
21 in the aggregate amount of $266,577.

The Debtors tell the Court that without these funds, which are the
Debtors' only cash, the Debtors will be unable to fund payroll for
their employees or pay other necessary ordinary expenses.  As such,
the Debtors need to use the cash collateral that has been and will
be deposited in the DACA accounts on a going-forward basis.

The Debtors will provide these periodic adequate protection to
SummitBridge, among other things:

     (a) Upon the return of the DACA funds, the Debtors will
provide periodic monthly payments of $35,000 to SummitBridge
commencing immediately;

     (b) The Debtors will grant SummitBridge a running replacement
lien on all cash generated by the Debtors from and after the
Petition Date;

     (c) The Debtors will escrow 1/12 of all real estate taxes on a
going forward basis, which escrow will be available to pay
postpetition real estate taxes when due;

     (d) The compensation to Dr. Trespalacios and the CEO will be
reduced by 10% per annum and amortized in equal payment
reductions;

     (e) The Debtors will maintain comprehensive insurance coverage
on all their real property located in Melbourne, Merritt Island,
and Orlando, and standard business risk liability coverage on all
property;

     (f) The Debtors will maintain all medical malpractice
insurance coverage;

     (g) The Debtors will maintain all licenses and permits
necessary and appropriate to continue medical services;

     (h) The Debtors will file their DIP Financial Reports on a
timely basis;

     (i) On reasonable notice, SummitBridge may review the Debtors'
books and records; and

     (j) On reasonable notice, SummitBridge may inspect the
business operations of the Debtors.

A full-text copy of the Debtor's Motion, dated March 21, 2017, is
available at https://is.gd/TaXc02

               About Brevard Eye Center, et al.

Brevard Eye Center Inc., Brevard Surgery Center Inc., Medical City
Eye Center, P.A. and THMIH, Inc., own and operate four retail
optometry centers and clinics and a surgical center.  The optometry
centers/clinics are located in Melbourne, Merritt Island, Palm Bay,
and Orlando, Florida.  The surgical center and the corporate
offices are located in Melbourne, Florida.  

Brevard Eye Center operates three of the four optometry centers,
Medical City Eye Center operates only the Orlando optometry center,
and Brevard Surgery Center operates the surgical center. THMIH owns
the real estate leased to the surgical center/corporate offices
located at 665 S. Apollo Blvd., Melbourne, FL.  THMIH also owns the
real estate leased to the optometry centers at 250 N. Courtenay
Pkwy., Merritt Island, FL and 214 E. Marks St., Orlando, FL.

Medical City Eye Center has been serving East Central Florida as
The Brevard Eye Center for over 28 years and serving Downtown
Orlando as Yager Eye Institute for over 50 years.

Dr. Rafael Trespalacios, an ophthalmologic surgeon, is the 100%
owner of Brevard Eye Center, et al.

Brevard Eye Center, et al., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla. Case Nos. 17-01828 to
17-01831) on March 21, 2017.  The petitions were signed by Dr.
Trespalacios, as president.  At the time of the filing, each debtor
estimated its assets at $1 million to $10 million and liabilities
at $10 million to $50 million.

The Debtors are represented by Geoffrey S Aaronson, Esq., and
Tamara D. McKeown, Esq., at Aaronson Schantz Beiley P.A.


CAMPUS HABITATS: Hires McBreen & Kopko as Counsel
-------------------------------------------------
Campus Habitats, LLC, Cortland Habitats, Inc., and their debtor
affiliates seek authority from the U.S. Bankruptcy Court for the
Eastern District of New York to employ McBreen & Kopko as counsel
to the Debtor.

The Debtors require McBreen & Kopko to:

   (a) give the Debtor guidance with respect to its power and
       responsibility as a debtor-in-possession in the continued
       management of their property;

   (b) attend creditors' meetings and Section 341 hearings;

   (c) negotiate with creditors of the Debtor in formulating a
       plan of reorganization and to take the necessary legal
       steps in order to institute plans of reorganization;

   (d) aid the Debtor in the preparation and drafting of
       disclosure statement;

   (e) prepare on behalf of the Debtor, all necessary petitions,
       reports, applications, orders and other legal papers;

   (f) assist the Debtor with the collection of outstanding
       receivables;

   (g) appear before the U.S. Bankruptcy Court and to represent
       the Debtor in all matters pending before said Court; and

   (h) perform all legal services which may be necessary and
       appropriate.

McBreen & Kopko will be paid at these hourly rates:

     Partners            $400
     Associates          $250-$275
     Paralegals          $125

McBreen & Kopko will be paid a retainer in the amount of $12,500.

McBreen & Kopko will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Kenneth A. Reynolds, partner of McBreen & Kopko, 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.

McBreen & Kopko can be reached at:

     Kenneth A. Reynolds, Esq.
     MCBREEN & KOPKO
     500 N. Broadway, Suite 129
     Jericho, NY 11753
     Tel: (516) 364-1095

            About Campus Habitats & Cortland Habitats

Cortland Habitats, Inc. (Bankr. S.D.N.Y. Case No. 17-71523),
College Hill Realty, LLC (Case No. 17-71524), Campus Habitats, LLC
(Case No. 17-71525), Committed 2 Cortland, LLC (Case No. 17-71526),
filed a Chapter 11 petition on March 15, 2017. The Hon. Alan S.
Trust presides over the cases. Michael J Macco, Esq., at Macco &
Stern, LLP, and  Kenneth A. Reynolds, Esq., at McBreen & Kopko,
serve as bankruptcy counsel.

Each of the Debtors listed between $1 million and $10 million in
both assets and liabilities.

The petition was signed by Jeff D. Grodinsky, CEO.


CASTLE PINES: American Microloan to be Paid $70,000 Under Plan
--------------------------------------------------------------
Castle Pines Group, LLC, filed with the U.S. Bankruptcy Court for
the Northern District of Georgia a disclosure statement referring
to the Debtor's plan of reorganization.

Debts owed to creditors will be paid from the funds accumulated by
the Debtor since the filing of the bankruptcy petition, from funds
generated from the continued operation of the Debtor's business,
and from the capital contributions to be paid by investors.  The
Debtor's primary source of income is rental income.  The Debtor
leases its Habersham County real property to North Georgia
Converting, Inc., at a monthly rate of $9,500.

The Debtor doesn't believe there are Class III General Unsecured
Claims against it except for the claim of American Microloans.

Class II - American Microloan, LLC, holds an unsecured claim
against the Debtor of $100,000.  This creditor also holds the same
claim against North Georgia Converting, Inc., along with a personal
guaranty from the Debtor's member, Vernon Mintz.  The claim of this
creditor will be paid by payment of $70,000 payable at $25,000 on
the Effective Date and then the remaining $45,000 accruing interest
on the unpaid balance at the simple rate of 5% per annum and being
paid in monthly payments of $1,974.21 for 24 months with the first
month's payment being due 30 days after the Effective Date.

The Disclosure Statement is available at:

        http://bankrupt.com/misc/ganb16-21508-37.pdf

                  About Castle Pines Group

Castle Pines Group, LLC, based in Clarkesville, Ga., filed a
Chapter 11 petition (Bankr. N.D. Ga. Case No. 16-21508) on Aug. 1,
2016.  The petition was signed by Vernon Mintz, managing member.
The Debtor is represented by Bradley J. Patten, Esq., at Smith,
Gilliam, Williams and Miles, P.A.  The Debtor disclosed $1.7
million in total assets and $1.65 million in total liabilities.


CENOVUS ENERGY: Moody's Affirms Ba2 CFR, Outlook Remains Stable
---------------------------------------------------------------
Moody's Investors Service affirmed Cenovus Energy Inc.'s Ba2
Corporate Family Rating (CFR), Probability of Default Rating and
senior unsecured notes rating and the Not Prime commercial paper
rating. The Speculative Grade Liquidity Rating was lowered to SGL-3
from SGL-1. The outlook remains stable.

"The affirmation of Cenovus' Ba2 rating reflects the immediate
doubling in its production and improving credit metrics in 2018
when debt repayment from asset sales proceeds is completed," said
Terry Marshall, Moody's Senior Vice President. "Cenovus will need
to execute a large disposition program in a timely manner to reduce
short term bridge financing and restore credit metrics from weak
2017 levels and will also need to economically develop unfamiliar
non-oil sands assets."

Downgrades:

Issuer: Cenovus Energy Inc.

-- Speculative Grade Liquidity Rating, Downgraded to SGL-3
    from SGL-1

Outlook Actions:

Issuer: Cenovus Energy Inc.

-- Outlook, Remains Stable

Affirmations:

Issuer: Cenovus Energy Inc.

-- Probability of Default Rating, Affirmed Ba2-PD

-- Corporate Family Rating, Affirmed Ba2

-- Senior Unsecured Commercial Paper, Affirmed NP

-- Senior Unsecured Regular Bond/Debenture, Affirmed Ba2(LGD4)

RATINGS RATIONALE

Cenovus' Ba2 CFR reflects improving leverage and coverage metrics
in 2018 (about 20% retained cash flow/debt and 5-6x
EBITDA/interest) post the completion of a large divestiture program
in 2017, while liquidity will be adequate assuming debt issuance
and asset sales are completed inside of their bridge maturity
dates. The rating favorably considers the company's substantial oil
sands reserves and steam assisted gravity drainage (SAGD)
production and its 50% interest in two downstream refineries that
reduce exposure to volatile light/heavy oil differentials. Cenovus
is doubling its ownership of operated SAGD assets, with low
geologic risk, but it is also acquiring conventional reserves and
production and associated infrastructure in western Canada which
should provide a platform for growth, but present execution risk
associated with unfamiliar assets. These conventional assets have
received limited capital investment recently and will need to be
delineated by Cenovus to fully understand the capital investment
and growth opportunity it represents.

The SGL-3 Speculative Grade Liquidity Rating reflects adequate
liquidity for the 12 month period ending March 31, 2018.
Post-closing of the acquisition, Cenovus will have about C$500
million of negative free cash flow during this period, which can be
funded by about $800 million of cash on hand or drawings under the
two tranches of the revolving credit facility, which will have
combined availability of about C$3.1 billion. The term debt and
asset divestiture bridges total $7.5 billion, and range from 12 to
24 months. The key liquidity risk that Cenovus faces is the 1-year
maturities on large portions of its bridge facilities, leaving the
company potentially exposed to liquidity shortfalls if the market
driven and divestiture takeouts are not implemented prior to
maturity. Cenovus should be well in compliance with its only
financial covenant. Cenovus has assets through which it could raise
alternate liquidity via outright sale or joint venture
arrangements.

In accordance with Moody's Loss Given Default (LGD) Methodology,
the senior unsecured notes are rated Ba2, at the CFR, as all the
debt in the capital structure is unsecured. If the revolving credit
facility becomes secured, the notes would likely be notched lower
than the CFR.

The stable rating outlook reflects Moody's expectations of a timely
and successful completion of relevant divestitures and repayment of
bridge facilities, leading to substantially improved credit metrics
in 2018.

Moody's expects oil prices to remain in a range of $40 to $60 per
barrel for the medium term with significant volatility both within
and outside that band. The ratings could be upgraded if retained
cash flow to debt trends towards 30% (18% as of December 2016) and
the leveraged full-cycle ratio is greater than 1x.

The ratings could be downgraded if retained cash flow to debt
appears likely to fall below 15%.

Cenovus is a Calgary, Alberta-based exploration and production
company, focused primarily on steam assisted drainage oil sands,
with interests in downstream refinery assets.

The principal methodology used in these ratings was Global
Independent Exploration and Production Industry published in
December 2011.


CENTER DESIGNS: Carter Bank Asks Court to Ban Cash Collateral Use
-----------------------------------------------------------------
Carter Bank & Trust requests the U.S. Bankruptcy Court for the
Middle District of Florida to prohibit Center Designs, LLC, from
using its cash collateral.

Carter Bank asserts that the Debtor is indebted to it in the total
principal amount of $49,299,889 plus interest, costs, fees and
expenses, as of the Petition Date.  As such, Carter Bank asserts it
holds a properly perfected first priority security interest in the
collateral.

Carter Bank tells the Court that it has never consented to the
Debtor's use of its cash collateral, and in fact, its counsel has
transmitted a letter to the Debtor's counsel advising him of its
non-consent and has requested certain information as a condition in
considering consent to use of cash collateral.  However, no
substantive response has been received.

Accordingly, Carter Bank asks the Court to require the Debtor to
account for all the cash collateral that the Debtor has used and to
segregate all cash collateral currently in Debtor's possession,
custody or control.  In addition, Carter Bank requests the Court to
require the Debtor to immediately provide Carter Bank adequate
protection for all of the cash collateral that the Debtor has
used.

Center Designs, LLC, is represented by:

          Michael R. Dal Lago, Esq.
          DAL LAGO LAW
          999 Vanderbilt Beach Road, Suite 200
          Naples, FL 34108
          Phone: 239-571-6877
          E-mail: mike@dallagolaw.com

Carter Bank & Trust is represented by:

          Jonathan L. Hauser, Esq.
          TROUTMAN SANDERS LLP
          222 Central Park Avenue, Suite 2000
          Virginia Beach, VA 23462
          Phone: (757) 687-7768
          E-mail: jonathan.hauser@troutmansanders.com

                -- and --

          Luis E. Rivera II, Esq.
          HENDERSON, FRANKLIN, STARNES & HOLT, P.A.
          Post Office Box 280
          Fort Myers, Florida 33902-0280
          Phone: (239) 344-1323
          E-mail: luis.rivera@henlaw.com

                  About Center Designs

Center Designs, LLC, filed a Chapter 11 petition (Bankr. M.D. Fla.
Case No. 17-02045) on March 13, 2017.  The petition was signed by
William A. Abruzzino, managing member.  The Debtor is represented
by Michael R. Dal Lago, Esq. at Dal Lago Law.  At the time of
filing, the Debtor had both assets and liabilities estimated to be
less than $50,000.


CHARLIE BROWN'S: Plan Confirmation Hearing on May 10
----------------------------------------------------
The Hon. Michael G. Williamson of the U.S. Bankruptcy Court for the
Middle District of Florida has conditionally approved Charlie
Brown's Hauling & Demolition Inc.'s disclosure statement referring
to the Debtor's plan of reorganization.

A hearing to consider the final approval of the Disclosure
Statement and the plan confirmation is set for May 10, 2017, at
9:30 a.m.  

Objections to the Disclosure Statement must be filed with the Court
no later than seven days prior to the date of the hearing on plan
confirmation.

Written ballot accepting or rejecting the Plan must be filed no
later than eight days before the date of the Confirmation Hearing.

The plan proponent will file a ballot tabulation no later than 96
hours prior to the time set for the Confirmation Hearing.

All creditors and parties in interest that assert a claim against
the Debtor which arose after the filing of this case, including all
professionals seeking compensation from the estate of the Debtor
pursuant to Section 330 of the Bankruptcy Code, must file motions
or applications for the allowance of the claims with the Court no
later than 15 days after the March 22 court order conditionally
approving the Disclosure Statement.

Three days prior to the Confirmation Hearing, the plan proponent
will file a confirmation affidavit which will contain the factual
basis upon which the plan proponent relies in establishing that
each of the requirements of Section 1129 of the Bankruptcy Code are
met.

                  About Charlie Brown's Hauling

Charlie Brown's Hauling & Demolition, Inc., sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
16-08863) on Oct. 14, 2016.  The petition was signed by Charlie W.
Brown, president.  

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

Buddy D. Ford, Esq., at Buddy D. Ford, P.A., serves as the Debtor's
bankruptcy counsel.


CHESAPEAKE ENERGY: 'Done More, Doing More... More to Do'
--------------------------------------------------------
The management of Chesapeake Energy Corporation presented at the
Scotia Howard Weil Energy Conference 2017 on Tuesday, March 28,
2017.  A slide presentation of materials used at the conference
entitled "Done More, Doing More...More to Do" is accessible via the
Investor Presentations section of the Company's website:
http://www.chk.com/investors/presentations.

The Company's near term focus is on increasing return on capital,
margin growth, base optimization improvement, portfolio management,
and safety and environmental stewardship.

The Company also disclosed the following publicly listed
securities:

  PUBLICLY TRADED SECURITIES                CUSIP      TICKER
  ==========================             ==========    ======
  7.25% Senior Notes due 2018            #165167CC9    CHK18A

  3mL + 3.25% Senior Notes due 2019      #165167CM7     CHK19

  6.625% Senior Notes due 2020           #165167CF2    CHK20A

  6.875% Senior Notes due 2020           #165167BU0     CHK20

  6.125% Senior Notes due 2021           #165167CG0     CHK21

  5.375% Senior Notes due 2021           #165167CK21    CHK21A

  8.00% Senior Secured Second
  Lien Notes due 2022                    #165167CQ8     N/A
                                         #U16450AT2     N/A

  4.875% Senior Notes due 2022           #165167CN5     CHK22

  5.75% Senior Notes due 2023            #165167CL9     CHK23

  8.00% Senior Notes due 2025            #165167CT2     N/A
                                         #U16450AU99    N/A
  5.50% Contingent Convertible
  Senior Notes due 2026                  #165167CR6     N/A

  2.75% Contingent Convertible
  Senior Notes due 2035                  #165167BW6    CHK35

  2.50% Contingent Convertible
  Senior Notes due 2037                  #165167BZ9/
                                         #165167CA3 CHK37/ CHK37A

  2.25% Contingent Convertible
  Senior Notes due 2038                  #165167CB1    CHK38

  4.5% Cumulative Convertible
  Preferred Stock                        #165167842    CHK PrD

  5.0% Cumulative Convertible
  Preferred Stock (Series 2005B)         #165167834/    N/A
                                         #165167826

  5.75% Cumulative Convertible
  Preferred Stock                        #U16450204/    N/A
                                         #165167776/
                                         #165167768

  5.75% Cumulative Convertible
  Preferred Stock (Series A)             #U16450113/    N/A        
         
                                         #165167784/
                                         #165167750

  Chesapeake Common Stock                #165167107     CHK

The information in this Form 8-K is being furnished, not filed,
pursuant to Item 7.01.  Accordingly, the information will not be
incorporated by reference into any document filed by Chesapeake
Energy Corporation under the Securities Act of 1933, as amended,
except as set forth by specific reference in such filing.

                   About Chesapeake Energy

Headquartered in Oklahoma City, Chesapeake Energy Corporation's
(NYSE: CHK) operations are focused on discovering and developing
its large and geographically diverse resource base of
unconventional oil and natural gas assets onshore in the United
States.  The company also owns oil and natural gas marketing and
natural gas gathering and compression businesses.

Chesapeake Energy reported a net loss available to common
stockholders of $4.92 billion on $7.87 billion of total revenues
for the year ended Dec. 31, 2016, compared to a net loss available
to common stockholders of $14.85 billion on $12.76 billion of total
revenues for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Chesapeake had $13.02 billion in total assets,
$14.23 billion in total liabilities and a total deficit of $1.20
billion.

                             *    *    *

As reported by the TCR on Jan. 25, 2017, S&P Global Ratings raised
its corporate credit rating on Oklahoma City-based exploration and
production company Chesapeake Energy Corp. to 'B-' from 'CCC+, and
removed the ratings from CreditWatch with positive implications
where S&P placed them on Dec. 6, 2016.  The rating outlook is
positive.

The TCR reported on Dec. 8, 2016, that Moody's upgraded
Chesapeake's Corporate Family Rating to Caa1 from Caa2, its second
lien secured notes rating to Caa1 from Caa2, and affirmed its
senior unsecured notes rating at Caa3.


CINRAM GROUP: April 3 Meeting Set to Form Creditors' Panel
----------------------------------------------------------
Andy Vara, United States Trustee for Region 3, will hold an
organizational meeting on April 3, 2017, at 11:00 a.m. in the
bankruptcy case of Cinram Group, Inc.

The meeting will be held at:

               United States Trustee's Office
               One Newark Center, 1085 Raymond Blvd.
               21st Floor, Room 2106
               Newark, NJ 07102

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

CGI was formed as part of a 2012 acquisition of substantially all
of the assets and businesses of Cinram International Income Fund in
the United States, Canada, the United Kingdom, France, and Germany.


CLASSICAL DEVELOPMENT: Taps Marathon Realty as Real Estate Broker
-----------------------------------------------------------------
Classical Development, Ltd., seeks authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ the
Marathon Realty Advisors, LLC as real estate broker to the Debtor.

Classical Development requires Marathon Realty to market, negotiate
and sell the Debtor's real property the 1.113 acres, or 48,466
square feet, of land, situated in the August Whitlock Survey,
Abstract 792, Harris County, Texas, also known as 1240 Clear Lake
City Blvd., Houston, Texas 77062.

Marathon Realty will be paid a commission of 6% of the sales
price.

Steven Dome, managing director of Marathon Realty Advisors, 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.

Marathon Realty can be reached at:

     Steven Dome
     MARATHON REALTY ADVISORS, LLC
     1700 Post Oak Boulevard
     Houston, TX 77056
     Tel: (713) 864-3232
     Fax: (713) 864-3233

                   About Classical Development, Ltd.

Classical Development, Ltd. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Texas Case No. 17-31113) on
February 27, 2017. The petition was signed by Fred Forshey,
president of Music Management LLC, general partner for the Debtor.
The case is assigned to Judge Karen K. Brown.

At the time of the filing, the Debtor disclosed $3.25 million in
assets and $1.43 million in liabilities.



CLAYTON WILLIAMS: Facing Lawsuits Over Noble Merger Agreement
-------------------------------------------------------------
Two separate class action lawsuits have been filed against
Clayton Williams Energy, Inc. and each of its directors
alleging Securities Exchange Act violations in connection with its
proposed merger with Noble Energy, Inc.

Clayton Williams previously entered into an Agreement and Plan of
Merger with Noble Energy, Inc., Wild West Merger Sub, Inc., an
indirect wholly owned subsidiary of Noble Energy, and NBL Permian
LLC, an indirect wholly owned subsidiary of Noble Energy, pursuant
to which Noble Energy will acquire the Company in exchange for a
combination of shares of common stock, par value $0.01, per share
of Noble Energy and cash.

In connection with the Merger, on March 23, 2017, Clayton Williams
filed with the U.S. Securities and Exchange Commission a definitive
proxy statement, which was first mailed to the stockholders of the
Company on or about March 27, 2017.

On March 22, 2017, a putative class action lawsuit relating to the
Merger, captioned Alan Sobel, Individually And On Behalf Of All
Others Similarly Situated v. Clayton Williams Energy, Inc., Clayton
W. Williams, Jr., Mel G. Riggs, Davis L. Ford, Ph.D., P. Scott
Martin, Ronald D. Scott, Jordan R. Smith, and Nathan W. Walton was
filed in the United States District Court for the District of
Delaware.  

A second putative class action lawsuit was filed on March 23, 2017,
relating to the Merger, captioned Nadav Poms, On Behalf of Himself
and All Others Similarly Situated v. Clayton Williams Energy, Inc.,
Clayton W. Williams, Jr., Jordan R. Smith, Davis L. Ford, Mel G.
Riggs, P. Scott Martin, Nathan W. Walton and Ronald D. Scott was
filed in the United States District Court for the District of
Delaware.  

The Complaints allege that the defendants violated Sections 14(a)
and 20(a) of the Securities Exchange Act of 1934, as amended, and
Rule 14a-9 promulgated thereunder, by causing a materially
incomplete and misleading Form S-4 Registration Statement to be
filed by Noble Energy with the SEC on March 21, 2017.  The
complainants seek various forms of relief, including to
preliminarily and permanently enjoin (i) the shareholder vote on
the Merger pursuant to the Proxy Statement and (ii) the
consummation of the Merger, unless Clayton Williams Energy
discloses certain information alleged to be material and to have
been omitted from the Registration Statement and an award of
plaintiff's fees and expenses in connection with this litigation.


Each of the defendants believes the claims asserted in the
Complaints are without merit and intends to vigorously defend
against this lawsuit.  However, at this time, it is not possible to
predict the outcome of the proceeding or its impact on Clayton
Williams Energy or the Merger.

                    About Clayton Williams

Midland, Texas-based Clayton Williams Energy, Inc. is an
independent oil and gas company engaged in the exploration for and
production of oil and natural gas primarily in Texas and New
Mexico.  On Dec. 31, 2015, the Company's estimated proved reserves
were 46,569 MBOE, of which 78% were proved developed.  The
Company's portfolio of oil and natural gas reserves is weighted in
favor of oil, with approximately 83% of its proved reserves at Dec.
31, 2015, consisting of oil and natural gas liquids and
approximately 17% consisting of natural gas.  During 2015, the
Company added proved reserves of 3,542 MBOE through extensions and
discoveries, had downward revisions of 26,158 MBOE and had sales of
minerals-in-place of 472 MBOE.  The Company also had average net
production of 15.8 MBOE per day in 2015, which implies a reserve
life of approximately 8.1 years.

Clayton Williams reported a net loss of $292.15 million on $289.41
million of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of $98.19 million on $232.37 million of
total revenues for the year ended Dec. 31, 2015.  As of Dec. 31,
2016, Clayton Williams had $1.49 billion in total assets, $1.33
billion in total liabilities and $160.53 million in shareholders'
equity.

                       *     *     *

In July 2016, S&P Global Ratings affirmed its 'CCC+' corporate
credit rating on Clayton Williams Energy.  The ratings reflect
S&P's assessment that the company's debt leverage is unsustainable,
debt to EBITDA expected to average above 15x over the next three
years.  The ratings also reflect S&P's assessment of liquidity as
adequate.

In January 2017, Moody's Investors Service placed the ratings of
Clayton Williams Energy (Caa3) under review for upgrade following
the announcement of a definitive agreement to be acquired by Noble
Energy (Baa3 stable) in a transaction valued at $3.2 billion,
including the assumption of Clayton Williams' approximately $500
million of net debt.  The review for upgrade is based on the
potential benefit of Clayton Williams being supported by the
stronger credit profile and greater financial flexibility of Noble.


COLD SPY: Seeks to Hire Roussos Glanzer as Legal Counsel
--------------------------------------------------------
Cold Spy on the Inside, LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Virginia to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire Roussos, Glanzer & Barnhart, P.L.C. to
give legal advice regarding the administration of its bankruptcy
estate, prepare a bankruptcy plan, and provide other legal
services.  The firm received a retainer in the amount of $7,500.

Kelly Barnhart, Esq., 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:

     Kelly M. Barnhart, VSB No. 65246
     Roussos, Glanzer & Barnhart, PLC
     580 E. Main St., Ste. 300
     Norfolk, VA 23510
     Tel: (757) 622-9005
     Fax: 757) 624-9257
     Email: barnhart@rgblawfirm.com

                  About Cold Spy on the Inside

Cold Spy on the Inside, LLC sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D. Va. Case No. 17-71004) on March
22, 2017.  The case is assigned to Judge Stephen C. St. John.

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of less than $1 million.

No trustee, receiver or creditors' committee has been appointed.


COSI INC: Seeks Financing Increase to $7.5 Million
--------------------------------------------------
BankruptcyData.com reported that Cosi filed with the U.S.
Bankruptcy Court to motion to (1) increase amount of borrowing
under its D.I.P. loans and (2) amend the final order authorizing
the Debtors to obtain post-petition financing and utilize cash
collateral and granting adequate protection to prepetition secured
parties. The motion explains, "By this Motion, the Debtors request
entry of the Proposed DIP Order ordering that (a) borrowing under
the DIP Loans be increased such that the total amount of permitted
borrowing is increased from $6,500,000 to $7,500,000, with
$3,500,000 of that borrowing permitted as additional borrowings for
the uses permitted and contemplated by the Interim Operating
Agreement, and (b) the Final DIP Order . . be amended to authorize
such increased borrowing. Pursuant to the Interim Operating
Agreement, LIMAB is currently operating the Debtor's business. As
part of that process, LIMAB has been considering renovating and
reopening certain store locations, which are intended to be part of
the reorganized Debtor's footprint going forward after the Plan is
confirmed. Among other things, LIMAB is working toward reopening a
location in the Boston South Station train station and refreshing
its American Airlines location and kiosks in the Boston Logan
Airport. In order to ensure the Debtors' have sufficient liquidity
during this reopening and renovation process, as well as to deal
with other contingencies including operating losses and other
expenses that may be incurred prior to the effective date of the
Plan, this Motion requests an increase of $1,000,000 in permitted
borrowings under the DIP Loans above the currently contemplated
$6,500,000 limit."

                       About Cosi Inc.

Cosi, Inc., is an international fast-casual restaurant company
featuring its crackly-crust flatbread and specializing in a
variety
of made-to-order hot and cold sandwiches, salads, bowls, breakfast
wraps, "Squagels" (square bagels), melts, soups, flatbread pizzas,
S'mores, snacks, deserts and a large offering of handcrafted,
coffee-based, and specialty beverages.  

The company was first established in New York in 1996 and
incorporated in Delaware in 1998.  In 2002, Cosi became publicly
traded company on the Nasdaq exchange under the symbol "COSI".

Cosi and its subsidiaries filed Chapter 11 petitions (Bankr. D.
Mass. Lead Case No. 16-13704-MSH) on Sept. 28, 2016.  The cases
are
assigned to Judge Melvin S. Hoffman.

Prior to the petition date, the Debtors had 72 debtor-owned
locations and 35 franchised locations and employed 1,555 people.

The Debtors tapped Joseph H. Baldiga, Esq., and Paul W. Carey,
Esq., at Mirick, O'Connell, DeMallie & Lougee, LLP, as counsel;
DLA
Piper LLP (US) as special counsel; The O'Connor Group as financial
consultant; BDO USA, LLP, as auditor and accountant; and Randy
Kominsky of Alliance for Financial Growth, Inc., as chief
restructuring officer.  

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors.  The committee is represented by Lee
Harrington, Esq., at Nixon Peabody LLP.  Deloitte Financial
Advisory Services LLP serves as its financial advisor.


CREATIVE REALITIES: Reports $6.37 Million Net Loss for 2016
-----------------------------------------------------------
Creative Realities, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss
attributable to common shareholders of $6.37 million on $13.67
million of total sales compared to a net loss attributable to
common shareholders of $8.31 million on $11.47 million of total
sales for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Creative Realities had $24.41 million in total
assets, $18.51 million in total liabilities, $3.92 million in
convertible preferred stock and $1.97 million in total
shareholders' equity.

The Company has incurred net losses and negative cash flows from
operating activities for the years ended Dec. 31, 2016 and 2015. As
of Dec. 31, 2016, the Company had cash and cash equivalents of
$1,352,000 and a working capital deficit of $(8,029,000). At
Dec. 31, 2016, its outstanding debt was due during 2017.  In March
2017, the Company received a letter from our lender, Slipstream
Communications, LLC, a related party, extending the maturity date
for its debt to May 2018.  Additionally, the Company entered into a
substantial business transaction with one of its customers
resulting in a large cash receipt in the first quarter of 2017 that
increased its cash and cash equivalents to $3.6 million in March
2017.  Management believes that due to the extension of its debt
maturity date, its current cash balance and its operational
forecast for 2017, the Company can continue as a going concern
through at least March 31, 2018.  However, the Company can provide
no assurance that its ongoing operational efforts will be
successful which could have a material adverse effect on its
results of operations and cash flows.

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

                    https://is.gd/wYl4wW

                About Creative Realities, Inc.

Creative Realities, Inc., is a Minnesota corporation that provides
innovative shopper marketing and digital marketing technology and
solutions to retail companies, individual retail brands,
enterprises and organizations throughout the United States and in
certain international markets.  Creative Realities have expertise
in a broad range of existing and emerging shopper and digital
marketing technologies, as well as the related media management and
distribution software platforms and networks, device management,
product management, customized software service layers, systems,
experiences, workflows, and integrated solutions.  Its technology
and solutions include: digital merchandising systems and
omni-channel customer engagement systems, interactive digital
shopping assistants, advisors and kiosks, and other interactive
marketing technologies such as mobile, social media, point-of-sale
transactions, beaconing and web-based media that enable its
customers to transform how they engage with consumers.


CRR INC: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------
The Office of the U.S. Trustee on March 28 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of CRR, INC.

Headquartered in Silver Spring, Maryland, CRR, INC., a Maryland
Corporation filed for Chapter 11 bankruptcy protection (Bankr. D.
Md. Case No. 17-12433) on Feb. 23, 2017, estimating its assets at
between $100,001 and $500,000 and its liabilities at between
$500,001 and $1 million.  Richard Whalen Lawlor, Esq., at Richard
W. Lawlor, P.A., serves as the Debtor's bankruptcy counsel.


CRSI INC: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of CRSI, Inc. as of March 29,
according to a court docket.

Based in Phoenix, Arizona, CRSI, Inc., formerly known as Concrete
Resoration Systems Inc.,  sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 17-00864) on January 27,
2017.  The petition was signed by Keri Lemons, president.  

The case is assigned to Judge Daniel P. Collins.  James F. Kahn,
P.C. Bankruptcy Legal Center serves as the Debtor's legal counsel.

At the time of the filing, the Debtor disclosed $1.23 million in
assets and $1.76 million in liabilities.


CYTOSORBENTS CORP: Bolsters IP Portfolio with New Patents Issuance
------------------------------------------------------------------
CytoSorbents Corporation disclosed on March 28, 2017, the issuance
of U.S. Patent No. 9,604,196 entitled, "Size Selective
Hemocompatible Polymer System".

This composition of matter patent provides additional coverage of
the Company's base polymer system, and this and other U.S. and
foreign patents in this family extend protection of CytoSorb and
CytoSorbents' core technologies into 2026 in the U.S. and into 2031
in China, Japan, Russia, and Australia.  Related patent
applications are ongoing in other territories worldwide.

Mr. Vincent Capponi, chief operating officer of CytoSorbents
stated, "We are pleased to announce the addition of these novel
patents to our intellectual property portfolio.  This patent family
adds significant strength and patent life to our core polymer
technology in key markets around the world."

                     About Cytosorbents

Cytosorbents Corporation is a leader in critical care immunotherapy
commercializing its CytoSorb blood purification technology to
reduce deadly uncontrolled inflammation in hospitalized patients
around the world, with the goal of preventing or treating multiple
organ failure in life-threatening illnesses.  The Company, through
its subsidiary CytoSorbents Medical Inc. (formerly known as
CytoSorbents, Inc.), is engaged in the research, development and
commercialization of medical devices with its blood purification
technology platform which incorporates a proprietary adsorbent,
porous polymer technology.  The Company, through its European
Subsidiary, conducts sales and marketing related operations for the
CytoSorb device.  CytoSorb, the Company's flagship product, is
approved in the European Union and marketed in and distributed in
thirty-two countries around the world, as a safe and effective
extracorporeal cytokine absorber, designed to reduce the "cytokine
storm" that could otherwise cause massive inflammation, organ
failure and death in common critical illnesses such as sepsis, burn
injury, trauma, lung injury, and pancreatitis.  CytoSorb is also
being used during and after cardiac surgery to remove inflammatory
mediators, such as cytokines and free hemoglobin, which can lead to
post-operative complications, including multiple organ failure.  In
March 2011, the Company received CE Mark approval for its CytoSorb
device.

CytoSorbents Corporation recognized a net loss of $11.93 million on
$9.52 million of total revenue for the year ended Dec. 31, 2016,
compared to a net loss of $8.13 million on $4.79 million of total
revenue for the year ended Dec. 31, 2015.  As of Dec. 31, 2016,
Cytosorbents had $9.69 million in total assets, $10.16 million in
total liabilities and a total stockholders' deficit of $474,000.


DAVID GEERTS: Midwestern BioAg Replaces Kophamer as Panel Member
----------------------------------------------------------------
U.S. Trustee Patrick S. Layng on March 28 has replaced Ken Kophamer
at Kophamer/Blean Realty with Stacy Wellford at Midwestern BioAg,
Inc., as a member of the official committee of unsecured creditors
in the Chapter 11 cases of David and Julie Norman-Geerts.

As reported by the Troubled Company Reporter on March 21, 2017, the
U.S. Trustee on March 17 appointed three creditors to serve on the
Committee.

The committee members now include:

     (1) Brent Schmitz
         Acting Chairperson
         Soil Service, Inc.
         91 S. Adams
         Carthage, IL 62321
         Tel: (888) 313-2360
         E-mail: bschmitz@soilserviceinc.com

     (2) Kay Spidahl
         Chadwick Oil & AG Service, Inc.
         P.O. Box 205
         Chadwick, IL 61014
         Tel: (815) 684-5800
         Email: ehinrichs@chadwickoilag.com

     (3) Stacy Wellford
         Midwestern BioAg, Inc.
         918 Deming Way, Ste 200
         Madison, WI 53717
         Tel: (608) 841-1664
         E-mail: stacy.wellford@midwesternbioag.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 David and Julie Norman-Geerts

David L. Geerts and Julie A. Norman-Geerts sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
17-80321) on Feb. 17, 2017.  The case is assigned to Judge Thomas
J. Lynch.  The Debtors are represented by Jocelyn L. Koch, Esq., at
Holmstrom & Kennedy PC.


DAVID'S BRIDAL: Bank Debt Trades at 15% Off
-------------------------------------------
Participations in a syndicated loan under David's Bridal Inc is a
borrower traded in the secondary market at 84.50
cents-on-the-dollar during the week ended Friday, March 24, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 1.90 percentage points from the
previous week.  David's Bridal pays 375 basis points above LIBOR to
borrow under the $0.52 billion facility. The bank loan matures on
Oct. 11, 2019 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 24.


DON GREEN: Hearing on Disclosure Statement Scheduled for May 4
--------------------------------------------------------------
The Hon. Karen K. Specie of the U.S. Bankruptcy Court for the
Northern District of Florida will hold on May 4, 2017, at 10:45
a.m., Eastern Time, a hearing to consider the approval of Don Green
Farms, Inc.'s disclosure statement filed on March 20, 2017,
referring to the Debtor's Chapter 11 plan filed on March 20, 2017.

Objections to the Disclosure Statement must be filed by April 27,
2017.

The Troubled Company Reporter previously reported that the Plan
impairs Class 3 General Unsecured Claims totaling $2,742,872.37.
The holders will receive the proceeds from the liquidation of the
Debtor's assets in excess of Regions Bank's secured claim.  The
proceeds from the sale will be paid in proportion to each unsecured
creditor's claim in relation to the Debtor's total unsecured debt.

The Plan provides for the liquidation of the Debtors' non-exempt
assets.  The Plan will be implemented by (a) liquidating the
Debtors' assets; (b) nominating a liquidating agent to ensure all
of the Debtor's non-exempt assets are liquidated for the benefit
of
creditors.

Copies of the Disclosure Statement and the Plan are available at:

          http://bankrupt.com/misc/flnb16-10261-133.pdf
          http://bankrupt.com/misc/flnb16-10261-133_plan.pdf

                     About Don Green Farms

Don Green Farms, Inc., filed a Chapter 11 petition (Bankr. N.D.
Fla. Case No. 16-10261), on Nov. 16, 2016.  The petition was signed
by Donald R. Green, president.  The Debtor is represented by Seldon
J. Childers, Esq., at ChildersLaw, LLC.  The Debtor disclosed total
assets at $13,987 and total liabilities at $3.95 million.


DOUBLE J FARMS: Hires Markham as Bankruptcy Counsel
---------------------------------------------------
Double J Farms, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of South Carolina to employ Markham Law Firm, LLC,
as bankruptcy counsel to the Debtor.

Double J Farms requires Markham to:

   a. advise the Debtor of its rights, powers, and duties;

   b. attend meetings with the Debtor and hearings before the
      bankruptcy Court;

   c. assist other professionals retained by the Debtor in the
      investigation of the acts, conduct, assets, liabilities and
      financial condition of the Debtor, and any other matters
      relevant to the case or the formulation of a plan of
      reorganization or liquidation;

   d. investigate the validity, extent, and priority of secured
      claims against the Debtor's estates, investigate the acts
      and conduct of such secured creditors and other parties to
      determine whether any causes of action may exist;

   e. advise the Debtor on preparation and filing of all
      applications, motions, pleadings, draft orders, notices,
      schedules, and other documents, and review all financial
      and other reports to be filed in the case;

   f. advise the Debtor on the preparation and filing of
      responses to applications, motions, pleadings, notices and
      other papers that may be filed and served in the Chapter 11
      case by other parties; and

   g. perform other necessary legal services for and on behalf of
      the Debtor that may be necessary or appropriate in the
      administration of the Chapter 11 case.

Markham will be paid at these hourly rates:

     Attorney               $200-$300
     Paralegal              $80-$100

Markham will be paid a retainer in the amount of $20,000.

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

Sean Markham, partner of Markham Law Firm, 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.

Markham can be reached at:

     Sean Markham, Esq.
     MARKHAM LAW FIRM, LLC
     P.O. Box 20074
     Charleston, SC 29413-0074
     Tel: (843) 284-3646
     Fax: (843) 637-7499
     E-mail: sean@markhamlawsc.com

                   About Double J Farms, LLC

Double J Farms, LLC, based in Galivants Ferry, SC, filed a Chapter
11 petition (Bankr. D.S.C. Case No. 17-01132) on March 7, 2017. The
Hon. John E. Waites presides over the case. Sean Markham, at
Markham Law Firm, LLC, to serve as bankruptcy counsel.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities. The petition was signed
by Connie Hardwick, authorized representative.



DURECT CORP: Ernst & Young LLP Raises Going Concern Doubt
---------------------------------------------------------
DURECT Corporation filed with the U.S. Securities and Exchange
Commission its annual report on Form 10-K, disclosing a net loss of
$34.51 million on $14.02 million of total revenues for the fiscal
year ended December 31, 2016, compared to a net loss of $22.66
million on $19.12 million of total revenues for the fiscal year
ended December 31, 2015.

Ernst & Young LLP in Redwood City, Calif., issued a going concern
qualification on the consolidated financial statements for the year
ended December 31, 2016, stating that DURECT Corporation's
recurring losses and negative cash flows from operations and the
need for additional capital raise substantial doubt about the
Company’s ability to continue as a going concern.

The Company's balance sheet at December 31, 2016, showed total
assets of $40.51 million, total liabilities of $32.17 million, and
a stockholders' equity of $8.34 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   https://is.gd/JTH1u8

                 About DURECT Corporation

DURECT Corporation is a biopharmaceutical company with research and
development programs.  The Company's products candidates include
DUR-928, oral for metabolic/lipid disorders, and DUR-928,
injectable for acute organ injuries.  The Company also manufactures
and sells osmotic pumps used in laboratory research and design; and
develops and manufactures a range of standard and custom
biodegradable polymers and excipients for pharmaceutical and
medical device clients for use as raw materials in their products.



EARL GAUDIO: May 9 Deadline Set for Refrigerated Warehouse Bids
---------------------------------------------------------------
Hilco Real Estate, LLC on March 29, 2017, announced the upcoming
bankruptcy sale of a 69,000 SF refrigerated distribution warehouse
in Tilton, IL.  The property is ideally located along Interstate 74
just east of Champaign, IL, which places the property within 100
miles of both Chicago and Indianapolis, and only 160 miles east of
Saint Louis, MO.

The site was built for and utilized by an Anheuser-Busch beverage
and food distributor, Earl Gaudio & Son, Inc., which went into
bankruptcy in July 2013.  Built in 2008, the building is a high
quality, modern refrigerated warehouse with impressive features,
including 21,800+/- SF of refrigerated storage, 8,000 SF of walk-in
freezer/cooler space, four (4) docks and eight (8) drive-in doors.
Additionally, the 9,500 +/- SF high-end office space makes this
property a unique headquarters option for a business looking to
relocate or expand in the Midwest.  Alternatively, the office space
could be remodeled to serve other complimentary functions.

The site is less than one mile south of Interstate 74 which
connects Indianapolis and Illinois' capital, Springfield, granting
the property easy access to almost anywhere in the Midwest.  A
strong, centralized location with superior Interstate access is key
in today's economy as the e-commerce market continues to grow
rapidly.  Distribution and logistics services are growing in
conjunction with rising internet-based spending, and more companies
need well-located, highly functional distribution space to meet
their requirements.  As retail sales, including groceries and other
perishable categories continue to move online, the need for
refrigerated distribution buildings are at an all-time high. The
promise of ever-shortened delivery times to consumers is increasing
the demand for distribution-oriented real estate similar to this
property in Tilton.

In accordance with the court-approved Bidding Procedures, a copy of
which will be made available on Hilco Real Estate's website, all
interested parties must submit a written offer of at least
$2,000,000 (the minimum cash purchase price) to Hilco Real Estate
by 4:00 p.m. (Central Time) on May 9, 2017, along with other
materials required by the Bidding Procedures, in order to be
qualified to bid.  Qualified Bidders will then be able to
participate in an auction that is currently scheduled to be held
telephonically on May 25, 2017 at 10:00 a.m. (Central Time).

Commenting on the upcoming sale, Joel Schneider, Senior Vice
President of Hilco Real Estate, said, "The sale offers the
opportunity to step into a state-of-the-art, turn-key distribution
property located on an Interstate within a two-hour drive time of
three major metropolitan areas.  This site could essentially be the
keystone for any distribution business in the Midwest who needs
high-quality refrigerated space. This is truly an unmatched Midwest
real estate opportunity."

According to Vermillion Advantage, the economic development
organization for Vermillion County where the property is located,
97% of area companies project the economic outlook as "steady to
steady growth" in a First Quarter 2017 survey.  This survey
included responses from 32 of the largest companies in the area,
accounting for over 11,000 employees.  The Tilton, IL market is a
strong centralized market, and growth is continuing to support the
region.

Mr. Schneider continued, "This property represents a premier option
for a distributor looking to expand or relocate in this part of the
Midwest.  The property's condition and quality, as well as a strong
surrounding labor force and Interstate highway access, combine to
make this offering one the best opportunities this year to acquire
a high-quality property that a business can move into
immediately."

For more information about the bidding process, please visit
www.HilcoRealEstate.com or contact a member of the transactional
team at 855-755-2300.

                  About Hilco Real Estate, LLC

Hilco Real Estate, LLC ("HRE"), a Hilco Global company, is
headquartered in Northbrook, Illinois (USA).  HRE is a national
provider of strategic real estate disposition services.  

                About Earl Gaudio & Son, Inc.

Earl Gaudio & Son, Inc., filed a Chapter 11 petition (Bankr. C.D.
Ill. Case No. 13-90942) on July 19, 2013.  The petition was signed
by Angela E. Major Hart, as authorized signer of First Midwest
Bank, custodian.  Judge Gerald D. Fines presides over the case.
The Debtor disclosed $11,849,187 in assets and $8,489,291 in
liabilities as of the Chapter 11 filing.  John David Burke, Esq.,
and Ben T. Caughey, Esq., at Ice Miller, LLP, serve as the Debtor's
counsel.

The U.S. Trustee appointed five creditors to serve in the Official
Committee of Unsecured Creditors.  The Committee retained Evans,
Forehlich, Beth & Chamley as its local counsel, and Rubin & Levin,
P.C., as its counsel.


EKSO BIONICS HOLDINGS: Oum & Co. LLP Casts Going Concern Doubt
--------------------------------------------------------------
Ekso Bionics Holdings, Inc., filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K, disclosing a
net loss of $23.47 million on $14.22 million of total revenue for
the fiscal year ended December 31, 2016, compared to a net loss of
$19.59 million on $8.66 million of total revenue for the fiscal
year ended December 31, 2015.

Oum & Co. LLP notes that the Company has suffered recurring losses
from operations and has a net capital deficiency that raises
substantial doubt about its ability to continue as a going
concern.

The Company's balance sheet at December 31, 2016, showed total
assets of $24.42 million, total liabilities of $17.89 million, and
a stockholders' equity of $6.53 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   https://is.gd/KrFhOf

             About Ekso Bionics Holdings, Inc.

Ekso Bionics Holdings, Inc., designs, develops, and sells
exoskeletons that augment human strength, endurance and mobility.
The Company's exoskeletons have applications in health care,
industrial, military, and consumer markets.




ENDLESS SALES: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------
An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Endless Sales, Inc. as of March
29, according to a court docket.

Endless Sales, Inc., which conducts business under the name of
Discount Forklift, Discount Forklift Brokers and Octane Forklifts,
filed a Chapter 11 petition (Bankr. D. Colo. Case No. 17-11037) on
February 13, 2017.

The petition was signed by Brian Firkins, president.  The case is
assigned to Judge Elizabeth E. Brown.  The Debtor is represented by
Jeffrey S. Brinen, Esq. and Keri L. Riley, Esq. at Kutner Brinen,
P.C.  At the time of filing, the Debtor disclosed total assets of
approximately $2.56 million and total liabilities in the amount of
$1.78 million.

A list of the Debtor's 10 unsecured creditors is available
for free at http://bankrupt.com/misc/cob17-11037.pdf


ERATH IRON: Gets Interim Nod to Use Cash Collateral Until May 20
----------------------------------------------------------------
Judge Mark X. Mullin of the U.S. Bankruptcy Court for the Northern
District of Texas authorized Erath Iron and Metal, Inc., to use
cash collateral on an interim basis through May 20, 2017.

Judge Mullin held that the Debtor's right to use cash collateral
will terminate on April 20, 2017 if the Debtor has failed to secure
a commitment from a lender or lenders that will provide
post-petition funding to the Debtor in the aggregate amount of at
least $750,000, together with an aggregate advance of not less than
$3,000,000 for operations.

The Debtor is authorized to operate its business and to use cash
collateral to pay expenses in accordance with the Second Interim
Budget. The Debtor's proposed Second Interim Budget covers the
period from March 24, 2017 through April 14, 2017 reflecting net
operating cash flow of approximately $57,564.

However, the Debtor is prohibited from paying any amount: (a) to
Brad Boyd or Spitfire Metals, (b) for equipment rental, (c) to any
professional, or (d) to any bank for non-sufficient funds charges.


Coleman County State Bank - Abilene Banking Center holds a
pre-petition security interest, lien or mortgage in all of the
Debtor's property.

Coleman State Bank is granted with valid, perfected and enforceable
new, first-priority liens and security interests upon any property
of the Debtor upon which Coleman State Bank held prepetition liens
and security interests, including all proceeds, accounts
receivable, products or profits thereof. Additionally, Coleman
State Bank will have a lien on all property of the Debtor and will
have a lien of up to $150,000 on the equipment owned by EIM
Operations, LLC.

Furthermore, Judge Mullin also directed the Debtor, among other
things, to:

       (a) provide reconciliation of all payments made;

       (b) allow Coleman State Bank access to bank records of the
Debtor, which shows its cash flows;

       (c) allow Coleman State Bank access to records showing the
purchase and sale of inventory;

       (d) identify the location of equipment and titled vehicles,
on a current basis, to Coleman State Bank and to Plains;

       (d) provide current information reflecting sales, payment of
expenses and compliance with the order of the Court;
       
       (d) grant access to Coleman State Bank and to Plains to
inspect their respective collateral; and

       (d) provide Coleman State Bank with substantially complete
drafts of the third quarter and year-end financial statements for
2016.

A full-text copy of the Agreed Order, dated March 20, 2017, is
available at
https://is.gd/v75DZd

                   About Erath Iron and Metal

Based in Stephenville, Texas, Erath Iron and Metal, Inc., sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D.
Tex. Case No. 17-40693) on Feb. 22, 2017.  The petition was signed
by Nicolle Boyd, president.  The case is assigned to Judge Mark X.
Mullin.  At the time of the filing, the Debtor disclosed $21.87
million in assets and $4.73 million in liabilities.  The Debtor is
represented by Russell W. King, Esq., and Tracy L. King, Esq., at
King Law Offices, P.C.  No trustee, examiner or creditors'
committee has been appointed in the case.


ERICKSON INC: Chapter 11 Post-Confirmation Order Entered
--------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas
entered a Post-Confirmation Order in the Chapter 11 case of
Erickson Incorporated to provide a schedule for final action in the
case.

The Post-Confirmation Order provides that:

     -- all applications for the award of compensation or expenses,

        if any, for professional persons in this case and motions
        for administrative expenses, if any, shall be filed and
        served within 60 days after entry of this order, unless the

        confirmation order or plan provides otherwise. Objections
        to any application or motion must be filed within 21 days
        of service,

     -- objections to claims, if any, shall be filed and served
        within 60 days after entry of this order, unless the
        confirmation order or plan provides otherwise. Responses
        to the objections must be filed within 30 days of service,


     -- the Debtor(s) or plan proponent(s) shall obtain settings
        for hearings on all applications for the award of
        compensation or expenses and motions for administrative
        expenses, and, consistent with the notice requirements of
        Bankruptcy Rule 3007, to determine objections to claims,

     -- the Debtor(s), plan proponent(s), or other responsible
        party, after substantial consummation as defined under
        11 U.S.C. Sec. 1101(2), shall file an application for
        final decree,

     -- if the application for final decree is not filed within
        180 days of the entry of this Order, a status conference
        will be held on Sept. 6, 2017, at 9:00 a.m., and

     -- if the Debtor(s), plan proponent(s) or other responsible
        party do(es) not appear at the status conference, the
        Court, on its own motion, may enter a final decree closing
        the case pursuant to Bankruptcy Rule 3022 or dismiss
        the case.

On March 22, the Court entered an Order confirming Erickson's
Second Amended Joint Plan of Reorganization.  The Court entered a
separate Order (I) Authorizing Entry Into and Performance Under (A)
The Exit Financing Commitment Letter, and (B) the Fee Letter, (II)
Authorizing the Payment of Certain Fees Associated with the
Commitment Letter and the Fee letter, and (III) Granting Related
Relief.

A copy of the Court's Findings of Fact and Conclusions of Law
Regarding Confirmation of the Second Amended Joint Plan of
Reorganization is available at:

          http://bankrupt.com/misc/txnb16-34393-0579.pdf

On March 23, Erickson filed a Form 15 with the Securities and
Exchange Commission to cancel the registration of its Common Stock,
$0.0001 par value per share, and suspend the duty to file reports
with the SEC.

Early this month, Erickson filed Post-Effective Amendment No. 1 to
the Registration Statement on Form S-8 (File No. 333-180778), to
deregister any unsold shares issuable under the Company's 2012
Long-Term Incentive Plan.  The Company also deregistered securities
that remain unsold under these Registration Statements:

     -- Registration Statement on Form S-3 (File No. 333-189196),
        filed on June 10, 2013 and amended on July 11, 2013 and
        July 22, 2013, registering 4,000,000 shares of Common
        Stock, par value $0.001 per share offered by the Company
        and 5,602,970 shares of Common Stock offered by selling
        stockholders; and

     -- Registration Statement on Form S-3 (File No. 333-195826),
        filed on May 9, 2014, registering 3,233,332 shares of
        Common Stock.

"As a result of the Chapter 11 Petition and the contemplated Plan
of Reorganization, the Company has terminated any and all offerings
of its securities pursuant to the Registration Statements. In
accordance with an undertaking made by the Company in Part II of
the Registration Statements to remove from registration, by means
of a post-effective amendment, any securities that remain unsold at
the termination of the offering, the Company hereby removes from
registration any and all securities of the Company registered but
unsold under the Registration Statements," the Company said in SEC
filings dated March 7.

                      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.


ESP RESOURCES: Panel Seeks Case Conversion to Chapter 7
-------------------------------------------------------
BankruptcyData.com reported that ESP Resources' official committee
of unsecured creditors filed with the U.S. Bankruptcy Court a
motion for conversion of the Company's Chapter 11 reorganization to
a liquidation under Chapter 7. The motion explains, "The Debtors in
this case have no prospect of rehabilitation. At best, a
placeholder liquidating plan providing releases to all insiders has
been filed to preserve exclusivity. This case is simply the use of
the bankruptcy courts as a convenient foreclosure forum for the
benefit of the secured creditors and the professionals. There is no
provision for any recovery whatsoever for unsecured creditors in
this case. Unsecured creditors will receive nothing under the
current proposed liquidating plan. The assets will not bring
anywhere near the secured debt of the second and third lien
holders, which hold a combined principal indebtedness of
approximately $4,000,000. Additionally, the added expense of the
investment bankers sought by the Debtors will, if they find a
buyer, assuredly reduce the available funds by no less than
$320,000. Essentially, this case is existing in Chapter 11 solely
for the principals' hopes that some portion of the withholding tax
obligation owed to the IRS in excess of $1.28 million might be
reduced, which is increasingly unlikely, and for the purpose of
pushing a plan of liquidation providing them personal releases for
any of their prepetition activities.  The interest on the defaulted
secured debt is increasing by approximately $25,000 each and every
month further diminishing the value of the Debtors' assets to the
estate every month."

                      About ESP Resources

Lafayette, Louisiana-based ESP Resources, Inc. is a manufacturer,
distributor and marketer of specialty chemicals and supply
specialty chemicals for a range of oil and gas field applications,
including killing bacteria, separating suspended water and other
contaminants from crude oil and separating oil from gas.  The
company also offers analytical services and custom-blended
chemicals for oil and gas wells.

ESP Resources, Inc., and its affiliate ESP Petrochemicals, Inc.
filed chapter 11 petitions (Bankr. S.D. Tex. Case Nos. 16-60021
and
16-60020) on March 10, 2016.  The cases are jointly administered
under Case No. 16-60020.  The petitions were signed by David A.
Dugas, chief executive officer.  The cases are assigned to Judge
David R. Jones.  

ESP Resources disclosed assets of $4.08 million and debt of $9.55
million.  ESP Petrochemicals, Inc. estimated both assets and
liabilities in the range of $1 million to $10 million.

The Debtors are represented by Melissa Anne Haselden, Esq., and
Edward L Rothberg, Esq., at Hoover Slovacek LLP. Chiron Financial
LLC has been tapped as financial advisor.

The U.S. Trustee has appointed three creditors to serve in the
official committee of unsecured creditors in the Debtors' cases.


FINJAN HOLDINGS: Adopts 2017 Executive Incentive Compensation Plan
------------------------------------------------------------------
The Board of Directors of Finjan Holdings, Inc., following the
recommendation of the Compensation Committee of the Board of
Directors of the Company, adopted the 2017 Executive Incentive
Compensation Plan.  The 2017 Plan is designed to tie executive
compensation to the Company's achievement of certain financial and
strategic objectives and the executive's achievement of individual
performance goals.  The 2017 Plan is intended to recognize
outstanding contribution to the Company and value creation for the
Company's stockholders and is structured by the Compensation
Committee to provide for cash bonuses to the Company's executives
at 100% to 200% of each executive's current base salary, though in
exceptional circumstances, the bonuses may exceed those levels.
The discretionary nature of the 2017 Plan allows for the
Compensation Committee to make recommendations to the Company's
Board of Directors to award Company executives on a monthly,
quarterly or annual basis, on a discrete event, or any of the
above.

The 2017 Plan runs from Jan. 1, 2017, to Dec. 31, 2017, and only
those participants in good standing with the Company are eligible
to participate.

                        About Finjan

Finjan, formerly known as Converted Organics, is a leading online
security and technology company which owns a portfolio of patents,
related to software that proactively detects malicious code and
thereby protects end-users from identity and data theft, spyware,
malware, phishing, trojans and other online threats.  Founded in
1997, Finjan is one of the first companies to develop and patent
technology and software that is capable of detecting previously
unknown and emerging threats on a real-time, behavior-based basis,
in contrast to signature-based methods of intercepting only known
threats to computers, which were previously standard in the online
security industry.

Finjan Holdings reported a net loss of $12.6 million in 2015, a net
loss of $10.5 million in 2014 and a net loss of $6.07 million in
2013.  As of Sept. 30, 2016, Finjan had $15.04 million in total
assets, $4.57 million in total liabilities, $13.68 million in
redeemable preferred stock and $3.22 million in stockholders'
deficit.


FREESEAS INC: LG Capital Reports 9.8% Stake as of March 24
----------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, LG Capital Funding, LLC disclosed that as of March 24,
2017, it beneficially owns 262,271 shares of common stock of
FreeSeas, Inc. representing 9.883% (based on the total of
[2,653,644] outstanding shares of Common Stock).  A full-text copy
of the regulatory filing is available at https://is.gd/vlSs6E

                       About FreeSeas Inc.

Headquartered in Athens, Greece, FreeSeas Inc., formerly known as
Adventure Holdings S.A., was incorporated in the Marshall Islands
on April 23, 2004, for the purpose of being the ultimate holding
company of ship-owning companies.  The management of FreeSeas'
vessels is performed by Free Bulkers S.A., a Marshall Islands
company that is controlled by Ion G. Varouxakis, the Company's
Chairman, President and CEO, and one of the Company's principal
shareholders.

The Company's fleet consists of six Handysize vessels and one
Handymax vessel that carry a variety of drybulk commodities,
including iron ore, grain and coal, which are referred to as "major
bulks," as well as bauxite, phosphate, fertilizers, steel products,
cement, sugar and rice, or "minor bulks."  As of
Oct. 12, 2012, the aggregate dwt of the Company's operational fleet
is approximately 197,200 dwt and the average age of its fleet is 15
years.

Freeseas reported a net loss of US$52.94 million on US$2.30 million
of operating revenues for the year ended Dec. 31, 2015, compared to
a net loss of US$12.68 million on US$3.77 million of operating
revenues for the year ended Dec. 31, 2014.  As of
Dec. 31, 2015, FreeSeas had US$18.71 million in total assets,
US$35.47 million in total liabilities and a total shareholders'
deficit of US$16.76 million.

RBSM LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2015, citing that the Company has incurred recurring operating
losses and has a working capital deficiency.  In addition, the
Company has failed to meet scheduled payment obligations under its
loan facilities and has not complied with certain covenants
included in its loan agreements and is in default in other
agreements with various counter parties.  Furthermore, the vast
majority of the Company's assets are considered to be highly
illiquid and if the Company were forced to liquidate, the amount
realized by the Company could be substantially lower that the
carrying value of these assets.  These conditions, among others,
raise substantial doubt about the Company's ability to continue as
a going concern.


FTS CAPITAL: Hires Ehrhard & Associates as Counsel
--------------------------------------------------
FTS Capital, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of Massachusetts to employ Ehrhard & Associates,
P.C., as counsel to the Debtor.

FTS Capital requires Ehrhard & Associates to:

   a) give the Debtor legal advice with respect to its powers and
      duties as a Debtor in the Chapter 11 proceeding;

   b) perform on behalf of the Debtor necessary applications,
      answers, orders, reports and other legal papers required
      for the proceedings;

   c) perform all other legal services to the Debtor which may be
      necessary herein, and it is necessary for the Debtor to
      employ an attorney for such professional services; and

   d) represent the Debtor with the sale, refinance or
      restructuring of the property of the Debtor.

Ehrhard & Associates will be paid at these hourly rates:

     Senior Attorney                 $300
     Junior Attorney                 $225
     Paralegal                       $110

The Debtor paid Ehrhard & Associates a retainer of $6,717 of which
$5,000 is being held in escrow for legal fees and $1,717 is used
for the filing fee.

Ehrhard & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

James P. Ehrhard, partner of Ehrhard & Associates, 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.

Ehrhard & Associates can be reached at:

     James P. Ehrhard, Esq.
     EHRHARD & ASSOCIATES, P.C.
     250 Commercial Street, Ste 410
     Worcester, MA 01608
     Tel: (508) 791-8411
     E-mail: ehrhard@ehrhardlaw.com

                   About FTS Capital, LLC

FTS Capital, LLC filed a Chapter 11 bankruptcy petition (Bankr. D.
Mass. Case No. 17-40490) on March 22, 2017, listing under $1
million in both assets and liabilities.


GELTECH SOLUTIONS: Incurs $4.67 Million Net Loss in 2016
--------------------------------------------------------
GelTech Solutions, Inc. filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$4.67 million on $1.20 million of sales for the year ended Dec. 31,
2016, compared with a net loss of $6.02 million on $1.31 million of
sales for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Geltech had $2.30 million in total assets,
$8.66 million in total liabilities, and a total stockholders'
deficit of $6.36 million.

As of March 24, 2017, the Company had approximately $240,000 in
available cash.

"Until we generate sufficient revenue to sustain the business, our
operations will continue to rely on Mr. [Michael] Reger's
investments and the Purchase Agreement with Lincoln Park.  If Mr.
Reger were to cease providing us with working capital or we are
unable to generate material revenue, we will have to scale back our
operations or cease doing business.  Although we do not anticipate
the need to purchase significant additional material capital assets
in order to carry out our business, it may be necessary for us to
purchase additional support vehicles in the future, depending on
demand.

"Ultimately, if GelTech is unable to generate substantial cash
flows from sales of its products or complete financings, it may not
be able to remain operational," the Company said in the report.

Salberg & Company, P.A., in Boca Raton, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has a net
loss and net cash used in operating activities in of $4,672,043 and
$3,344,593, respectively, for the year ended December 31, 2016 and
has an accumulated deficit and stockholders' deficit of $47,957,926
and $6,363,616, respectively, at December 31, 2016.  These matters
raise substantial doubt about the Company's ability to continue as
a going concern.

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

                   https://is.gd/w0iGy0

                       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.


GETTY IMAGES: Bank Debt Trades at 12% Off
-----------------------------------------
Participations in a syndicated loan under Getty Images Inc is a
borrower traded in the secondary market at 87.70
cents-on-the-dollar during the week ended Friday, March 24, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.92 percentage points from the
previous week.  Getty Images pays 350 basis points above LIBOR to
borrow under the $1.9 billion facility. The bank loan matures on
Oct. 14, 2019 and carries Moody's B3 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 24.


GRAND PERFECTA: Negative Cash Flow Raises Going Concern Doubt
-------------------------------------------------------------
Grand Perfecta, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net loss
of $346,135 on $3.00 million of total revenues for the three months
ended January 31, 2017, compared to a net loss of $1.50 million on
$3.67 million of total revenues for the three months ended January
31, 2016.

For the six months ended January 31, 2017, the Company listed a net
loss of $485,671 on $6.72 million of total revenues, compared to a
net loss of $1.59 million on $7.25 million of total revenues for
the same period in the prior year.

The Company's balance sheet at January 31, 2017, showed total
assets of $12.00 million, total liabilities of $12.66 million, and
a stockholders' deficit of $665,018.

As of January 31, 2017, the Company had cash of $13,337 and a
working capital deficit of $7,998,081 as compared to cash of
$83,295 and a working capital deficit of $8,926,656 as at July 31,
2016.  The decrease in cash as of January 31, 2017 was primarily
the result of cash used in operations and to pay down outstanding
notes payable during the period, offset by an increase in cash due
to the sale of common stock, as well as additional note payable
borrowing during the period.

Based on continuing operating losses and negative cash from
operations, substantial doubt exists about the Company's ability to
continue as a going concern.  Management's plan is to improve sales
through the introduction of new contents and products and further
reduce costs, including a shift of its broadcast program from
satellite television to web TV.  To finance operations while it
improves operating results, the Company sold $1 million of common
stock in August 2016 and is in the process of finalizing a private
placement of $3 million.  If necessary, the Company will continue
financing activity such as taking loans and asking existing
creditors to convert their loans to shares of the Company's common
stock.

The Company continues to have a significant working capital deficit
that adversely affects its business by limiting the resources it
has available to pursue the promotion of its information services
and develop new service opportunities for potential customers.
Historically, the Company has relied on extensions of note payment
due dates and new debt financing to repay note obligations as they
came due in order to continue operations.  Going forward the
Company will continue to use extensions and new debt financing to
address note obligations that come due, endeavor to gradually
reduce obligations with cash flow provided by operations, and
pursue over the next 12 months equity financing that it can apply
to debt reduction and business development.  Nevertheless, the
shortage of working capital adversely affects its ability to
develop, sponsor, or participate in activities that promote the
Company's information services to prospective customers and to
develop new content, because a substantial portion of cash flow
goes to reduce debt rather than to advance operating activities.

A full-text copy of the Company's Form 10-Q is available at:
                
                   https://is.gd/bXcUhn

                 About Grand Perfecta, Inc.

Grand Perfecta, Inc., is engaged in the business of transmitting
and providing horse racing information via different types of
media, including websites owned and operated by its wholly owned
subsidiaries.  The Company maintains its headquarters in Tokyo,
Japan.


HAMILTON SUNDSTRAND: Bank Debt Trades at 5% Off
-----------------------------------------------
Participations in a syndicated loan under Hamilton Sundstrand
Industrial is a borrower traded in the secondary market at 94.85
cents-on-the-dollar during the week ended Friday, March 24, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.71 percentage points from the
previous week.  Hamilton Sundstrand pays 300 basis points above
LIBOR to borrow under the $1.675 billion facility. The bank loan
matures on Dec. 10, 2019 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 24.


HAYDEL PROPERTIES: Hires McEnery Company as Appraiser
-----------------------------------------------------
Haydel Properties, LP, seeks authority from the U.S. Bankruptcy
Court for the Southern District of Mississippi to employ The
McEnery Company as appraiser to the Debtor.

Haydel Properties requires McEnery Company to provide appraisal
report and analyses of the Debtor's real property known as:

   1. The West side of Highway 49 at Ashley Drive Gulfport, MS
      39503; and

   2. The East Side of Highway 49, Frontage Road Wiggins, MS
      39503.

McEnery Company will be paid at these hourly rates:

   -- Deposition and expert witness          $400

   -- Preparation of appraisal               $300

McEnery Company will be paid a retainer in the amount of $5,000.

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

P.M. McEnery, partner of The McEnery Company, 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.

McEnery Company can be reached at:

     P.M. McEnery
     THE MCENERY COMPANY
     810 Union Street, Fourth Floor
     New Orleans, LO 70112
     Tel: (504) 274-2701

                   About Haydel Properties, LP

Haydel Properties, LP, based in Gulfport, Miss., filed a Chapter 11
petition (Bankr. S.D. Miss. Case No. 16-51259) on July 27, 2016.
The Hon. Katharine M. Samson presides over the case. William J.
Little, Jr., Esq., at Lentz & Little, P.A., serves as bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Michael D.
Haydel, manager of general partner.


HBT JV: DK8 Unit Hires Gardere Wynne as Counsel
-----------------------------------------------
DK8 LLC, a debtor affiliate of HBT JV, LLC, et al., seeks authority
from the U.S. Bankruptcy Court for the Northern District of Texas
to employ Gardere Wynne Sewell LLP as counsel to DK8.

Formed in 2008, DK8 is limited liability company organized under
the laws of the State of Texas. DK8 owns 52% of HBT JV, LLC.

DK8 requires Gardere Wynne to:

   a. advise the Debtor of its powers and duties in the
      management of its business;

   b. attend meetings and negotiate with representatives of
      creditors and other parties in interest;

   c. assist the Debtor in the preparation of all administrative
      documents required to be filed or prepared herein, and to
      prepare, on behalf of the Debtor, all necessary
      applications, motions, answers, responses, orders, reports,
      and other legal documents required;

   d. take such action as is necessary to preserve and protect
      the Debtor's assets and interests therein, including to
      prosecute actions on the Debtor's behalf, defend any action
      commenced against the Debtor, and represent the Debtor's
      interests in negotiations concerning litigation in which
      the Debtor is involved, including objections to claims
      filed against the estate;

   e. advise the Debtor in connection with any potential sale of
      assets;

   f. assist the Debtor in the formulation of a disclosure
      statement and in the formulation, confirmation, and
      consummation of a chapter 11 Plan;

   g. appear before the Court, any appellate courts and the
      U.S. Trustee and protect the interests of the Debtor and
      the assets in its estate before such courts and the U.S.
      Trustee;

   h. consult with the Debtor regarding tax matters; and

   i. perform any and all other legal services that may be
      necessary to protect the rights and interests of the Debtor
      and its estate in the proceeding and any actions hereafter
      commenced in the Chapter 11 Case.

Gardere Wynne will be paid at these hourly rates:

     Stephen A. McCartin, Partner         $700
     Todd A. Murray, Partner              $640
     Nicole L. Hay, Associate             $385
     Mark C. Moore, Associate             $340

As of the Petition Date, Gardere Wynne held a retainer in the
amount of $300,000 for its services. Post-Petition, Gardere Wynne
agreed to refund $10,000 to the Debtor to provide cash available
for the payment of fees to the U.S. Trustee's office. The remainder
of the Retainer in the amount of $290,000 is held in trust by
Gardere Wynne.

Gardere Wynne has been compensated for services provided to the
Debtor prior to the Petition Date in the ordinary course in the
amount of $111,428.37.

Gardere Wynne 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. The rates may be adjusted at times to reflect
              economic or other conditions.

   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:  Gardere Wynne began representing the Debtor in
              connection with both the Dealership and the State-
              Court Lawsuit in June 21, 2013. Gardere Wynne began
              representing the Debtor in connection with
              preparations for filing the bankruptcy case and
              consummating the sale of HBT's assets in February
              2017. The rates charged by Gardere Wynne have not
              changed post-bankruptcy filing.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  The Debtor has approved a prospective budget and
              staffing plan for the period of the Petition Date
              through consummation of the proposed sale, which is
              projected to be August 1, 2017.

Stephen A. McCartin, partner of Gardere Wynne Sewell 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 Debtors and their estates.

Gardere Wynne can be reached at:

     Stephen A. McCartin, Esq.
     GARDERE WYNNE SEWELL LLP
     2021 McKinney Avenue, Suite 1600
     Dallas, TX 75201
     Tel: (214) 999-3000
     Fax: (214) 999-4667
     E-mail: smccartin@gardere.com

                   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.  The Debtors have
employed Focus Management USA, Inc., as financial advisor, and JND
Corporate Restructuring as noticing, claims and balloting agent.

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.


HBT JV: Hires Forshey & Prostok as Counsel
------------------------------------------
HBT JV, LLC, et al., seek authority from the U.S. Bankruptcy Court
for the Northern District of Texas to employ Forshey & Prostok,
LLP, as counsel to the Debtors.

HBT JV requires Forshey & Prostok to:

   a. advise the Debtor of its powers and duties in the
      management of its business;

   b. attend meetings and negotiate with representatives of
      creditors and other parties in interest;

   c. assist the Debtor in the preparation of all administrative
      documents required to be filed or prepared herein, and to
      prepare, on behalf of the Debtor, all necessary
      applications, motions, answers, responses, orders, reports,
      and other legal documents required;

   d. assist the Debtors in obtaining Court approval for use of
      cash collateral or debtors-in-possession financing and
      other negotiations with secured creditors;

   e. take such action as is necessary to preserve and protect
      the Debtor's assets and interests therein, including to
      prosecute actions on the Debtor's behalf, defend any action
      commenced against the Debtor, and represent the Debtor's
      interests in negotiations concerning litigation in which
      the Debtor is involved, including objections to claims
      filed against the estate;

   f. advise the Debtor in connection with any potential sale of
      assets;

   g. assist the Debtor in the formulation of a disclosure
      statement and in the formulation, confirmation, and
      consummation of a chapter 11 Plan;

   h. appear before the Court, any appellate courts and the
      U.S. Trustee and protect the interests of the Debtor and
      the assets in its estate before such courts and the U.S.
      Trustee;

   i. consult with the Debtor regarding tax matters; and

   j. perform any and all other legal services that may be
      necessary to protect the rights and interests of the Debtor
      and its estate in the proceeding and any actions hereafter
      commenced in the Chapter 11 Case.

Forshey & Prostok will be paid at these hourly rates:

     Jeff P. Prostok, Partner                $575
     Bobby Forshey, Partner                  $575
     Lynda Lankford, Associate               $400

Forshey & Prostok was be paid a retainer in the amount of $75,000.
Out of the retainer, the amount of $50,278 was paid to Forshey &
Prostok for all legal services rendered and expenses incurred. The
balance of $24,721.20 is held in trust by Forshey & Prostok.

Forshey & Prostok 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:

Jeff P. Prostok, partner of Forshey & Prostok, 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 Debtors and their estates.

Forshey & Prostok can be reached at:

     Jeff P. Prostok, Esq.
     FORSHEY & PROSTOK, LLP
     777 Main Street, Suite 1290
     Forth Worth, TX 76102
     Tel: (817) 877-8855
     Fax: (817) 877-4151
     E-mail: jprostok@forsheyprostok.com

                   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.  The Debtors have
employed Focus Management USA, Inc., as financial advisor, and JND
Corporate Restructuring as noticing, claims and balloting agent.

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.


HBT JV: Taps Focus Management as Financial Advisor
--------------------------------------------------
HBT JV, LLC, et al., seek authority from the U.S. Bankruptcy Court
for the Northern District of Texas to employ Focus Management USA,
Inc., as financial advisor to the Debtors.

HBT JV requires Focus Management to:

   a. assist in connection with the Debtors' Chapter 11 filing
      including preparation of cash forecasts, budgets,
      projections and filing documents;

   b. review, prepare, assist, and review the Debtors' business
      plans, cash flow projections, restructuring programs, and
      other reports or analyses prepared by the Debtors or its
      professionals in order to advise the Debtor on the
      viability of the continuing operations and the
      reasonableness of projections and underlying assumptions;

   c. assist the Debtor in preparing SOFAs, Schedules and Monthly
      Operating Reports to be filed in connection with the
      Debtors' Chapter 11 case;

   d. assist the Debtors in preparing an operational
      restructuring plan to be presented to the Debtors' provider
      of post-filing financing;

   e. review, evaluate, assist and analyze the financial
      ramifications of proposed transactions for which the
      Debtors seeks Bankruptcy Court approval, including, to DIP
      Financing and cash management, assumption or rejection of
      real property leases and other contracts, asset sales,
      management compensation and retention and severance plans;

   f. review, evaluate and analyze the Debtors' internally
      prepared financial statement and related documentation, in
      order to evaluate the performance of the Debtors as
      compared to projected results on an ongoing basis;

   g. attend and advise at meetings with the Debtors, its counsel
      other financial advisors and representatives of the
      Creditors Committee, if formed;

   h. assist and advise the Debtors and its counsel in the
      development, evaluation and documentation of any plans of
      reorganization or strategic transactions, including
      developing, structuring and negotiating the terms and
      conditions of potential plans or strategic transactions and
      the consideration that is to be provided to unsecured
      creditors thereunder;

   i. render testimony in connection with the above procedures,
      as required on behalf of the Debtors;

   j. coordinate operations with the Debtors its management and
      counsel, and assist management with monitoring and
      reporting thereon to the Bankruptcy Court and all
      interested parties; and

   k. provide such other services, as specifically requested by
      the Debtors.

Focus Management will be paid at these hourly rates:

     Managing Directors                 $400
     Senior Consultants                 $350

Focus Management will be paid a retainer in the amount of $50,000.

Prior to the petition date, Focus Management drew down from the
retainer the amount of $11,327.64 for pretition services rendered
and expenses incurred, leaving a balance of $38,672.36.

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

Michael Doland, chief operating officer of Focus Management Group
USA, Inc., 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 Debtors and
their estates.

Focus Management can be reached at:

     Michael Doland
     FOCUS MANAGEMENT GROUP USA, INC.
     5001 W. Lemon Street
     Tampa, FL 33609
     Tel: (813) 281-0062

                   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.  The Debtors have
employed Focus Management USA, Inc., as financial advisor, and JND
Corporate Restructuring as noticing, claims and balloting agent.

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.



HBT JV: Taps JND Corporate as Noticing and Claims Agent
-------------------------------------------------------
HBT JV, LLC, et al., seek authority from the U.S. Bankruptcy Court
for the Northern District of Texas to employ JND Corporate
Restructuring as noticing, claims and balloting agent to the
Debtors.

HBT JV requires JND Corporate 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 Bankruptcy Court, including any notices,
      orders, pleadings, publications and other documents as the
      Debtor or Court may deem necessary or appropriate for an
      orderly administration of the Bankruptcy Case;

   b. maintain an official copy of the Debtor's Schedules of
      Assets & Liabilities and Statement of Financial Affairs,
      listing the Debtors' known creditors and the amounts owed
      thereto;

   c. for all notices, motions, orders, or other pleadings or
      documents served, prepare and file or caused to be filed
      with the Clerk and affidavit or certificate of service
      within 7 business days of service which includes: (i)
      either a copy of the notice served or the docket numbers
      and titles of the pleadings 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;

   d. perform and assist the Debtor and its retained
      professionals with such other tasks, duties and projects it
      deems necessary to the overall operation of the Bankruptcy
      Case; and

   e. assist in the dissemination of information to the public
      and respond to requests for administrative information
      regarding the cases as directed by the Debtors or the
      Court, including through the use of cases website and call
      center.

JND Corporate will be paid at these hourly rates:

     Clerical                       $30
     Case Assistant                 $60
     IT Manager                     $90
     Case Consultant                $130
     Case Manager                   $180

JND Corporate will be paid a retainer in the amount of $20,000.

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

Travis Vandell, managing director of JND Corporate Restructuring,
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 Debtors and their
estates.

JND Corporate can be reached at:

     Travis Vandell
     JND CORPORATE RESTRUCTURING
     8269 E. 23rd Avenue, Suite 275
     Denver, CO 80238
     Tel: (855) 812-6112

                   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.  The Debtors have
employed Focus Management USA, Inc., as financial advisor, and JND
Corporate Restructuring as noticing, claims and balloting agent.

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.


HD SUPPLY: Moody's Hikes Corporate Family Rating to Ba3
-------------------------------------------------------
Moody's Investors Service upgraded HD Supply, Inc.'s Corporate
Family Rating to Ba3 from B1 and its Probability of Default Rating
to Ba3-PD from B1-PD, since Moody's projects financial performance
and key debt credit metrics to improve over the next 12 to 18
months. In related rating actions, Moody's upgraded HDS's senior
secured term loans and senior secured notes to Ba3 from B1 and its
senior unsecured notes to B2 from B3. The company's SGL-1 liquidity
rating is affirmed, and its rating outlook was changed to stable
from positive.

The following ratings/assessments are affected by action:

Corporate Family Rating upgraded to Ba3 from B1;

Probability of Default Rating upgraded to Ba3-PD from B1-PD;

Senior secured term loan due 2021 upgraded to Ba3 (LGD3) from B1
(LGD4);

Senior secured notes due 2021 upgraded to Ba3 (LGD3) from B1
(LGD4);

Senior secured term loan due 2023 upgraded to Ba3 (LGD3) from B1
(LGD4);

Senior unsecured notes due 2024 upgraded to B2 (LGD5) from B3
(LGD5);

Speculative Grade Liquidity Rating affirmed at SGL-1;

Rating Outlook, changed to Stable from Positive.

RATINGS RATIONALE

HDS's Corporate Family Rating upgrade to Ba3 from B1 results from
Moody's expectations of improved credit metrics, due to a
combination of better earnings and debt reduction from free cash
flow. Over the next 12 to 18 months, Moody's projects revenues
growing by 8% to about $8.0 billion, from $7.4 billion for 2016,
and operating margins remaining around 11%, resulting in record
levels of profitability. Moody's project adjusted debt leverage
nearing 3.0x by year-end 2018 (ending February 3, 2019) versus 4.2x
at FYE16 (ended January 29, 2017). Moody's forward view focuses on
deleveraging from earnings growth and debt reduction using free
cash flow. Adjusted interest coverage, defined as EBITA-to-interest
expense, will continue to improve towards 4.5x over Moody's time
horizon.

Moody's anticipates gains coming from all lines of business, but
particularly from Facilities Maintenance. This business, derived
mainly from living-space maintenance, repair and operation (MRO)
needs, is the company's largest and most profitable, representing
about 37% of total revenues. The relatively constant demand for
supplies and services needed to maintain and upgrade buildings is a
source of stable earnings and potential growth as institutions
increase operating budgets, and multifamily vacancies decline. The
company also derives about 26% of revenues from non-residential
construction and 18% of sales from residential construction.
Moody's projects new housing starts could reach 1.25 million in
2017 (a 7% increase from about 1.17 million in 2016) and maintains
a positive outlook for the domestic homebuilding industry. Moody's
expects infrastructure spending, from which HDS earns 17% of
revenues, to be a source of solid growth prospects towards the end
of Moody's forward views.

The change in rating outlook to stable from positive reflects
Moody's expectation that HDS's credit profile and financial
performance will support the upgraded Ba3 Corporate Family Rating
over the next 12 to 18 months.

Positive rating actions could ensue if HDS continues to benefit
from strength in multiple end markets, resulting in performance
that exceeds Moody's forecasts and yield the following credit
metric (ratio includes Moody's standard adjustments):

-- Debt-to-EBITDA comfortably below 3.5x

-- EBITA-to-interest expense sustained above 4.5x

A downgrade is not anticipated over the next 12 to 18 months.
However, negative rating pressures may result if HDS's operating
performance falls below Moody's expectations, resulting in the
following credit metrics (ratios include Moody's standard
adjustments) and characteristics:

-- Debt-to-EBITDA sustained above 4.5x

-- EBITA-to-interest expense remains below 2.0x

-- Significant deterioration in the company's liquidity profile

-- Large shareholder distributions

-- Large debt-financed acquisitions

The principal methodology used in these ratings was Distribution &
Supply Chain Services Industry published in December 2015.

HD Supply, Inc., headquartered in Atlanta, GA, is one of the
largest North American industrial distributors providing products
and services to the maintenance, repair and operations,
infrastructure and specialty construction sectors. HDS operates
three segments: Facilities Maintenance, Waterworks, and
Construction and Industrial. Revenues for the 12 months through
January 29, 2017, totaled approximately $7.4 billion.


HEALTHIER CHOICES: Opens New Ada's Greenleaf Grill in Florida
-------------------------------------------------------------
Healthier Choices Management Corp. announced the opening of Ada's
Greenleaf Grill in the new, state-of-the-art Golisano Children's
Hospital in Fort Myers, Florida, on May 10, 2017.  Ada's Greenleaf
Grill will be serving a casual menu prepared from natural and
organic ingredients sourced directly from HCMC's flagship store,
Ada's Natural and Organic Market, also located in Fort Myers.  The
Golisano Children's Hospital is part of the Lee Health system.

"HCMC is ecstatic to begin the expansion of The Greenleaf Grill
with Lee Health as its initial partner," said Christopher Santi,
president and COO of HCMC.  "For decades, Ada's has been a staple
in the Fort Myers community, representing a total health and
wellness lifestyle.  To have the opportunity to service the
community through a state-of-the-art children's hospital like
Golisano is an incredible and groundbreaking event."  Mr. Santi
continued, "The Greenleaf Grill expects to draw diners from both
the hospital and surrounding medical facilities and we are hopeful
that this will be the first of many Greenleaf Grill's to open in
such venues."

                    About Healthier Choices

Healthier Choices Management Corp., formerly Vapor Corp, is a
holding company focused on providing consumers with healthier daily
choices with respect to nutrition and other lifestyle alternatives.
One segment of the Company's business is a U.S. based retailer of
vaporizers and e-liquids.  The other segment is our natural and
organic grocery operations in Ft. Myers, Florida.  Healthier
Choices Management Corp. sells direct to consumer via company-owned
brick-and-mortar retail locations operating under "The Vape Store"
and "Ada's Natural and Organic" brands.

Vapor Corp reported a net loss allocable to common shareholders of
$36.26 million in 2015 following a net loss allocable to common
shareholders of $13.85 million in 2014.
   
Marcum LLP, in New York, NY, issued a "going concern" qualification
on the consolidated financial statements for the year ended Dec.
31, 2015, citing that Company has incurred net losses and needs to
raise additional funds to meet its obligations and sustain its
operations.  In addition, the Company currently does not have
enough authorized common shares to settle all of its outstanding
warrants if those warrants were exercised pursuant to their
cashless exercise provisions.  As a result, the Company could be
required to settle a portion of these warrants with cash.  These
conditions, the auditors said, raise substantial doubt about the
Company's ability to continue as a going concern.


HUDSON'S BAY: Bank Debt Trades at 3% Off
----------------------------------------
Participations in a syndicated loan under Hudson's Bay Co is a
borrower traded in the secondary market at 97.05
cents-on-the-dollar during the week ended Friday, March 24, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 0.75 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
N.R.* 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 24.




HUMAN CONDITION: Wants $425,000 DIP Financing From AIG PC OK'd
--------------------------------------------------------------
Human Condition Safety Inc. seeks permission from the U.S.
Bankruptcy Court for the Southern District of New York to obtain
secured postpetition financing from AIG PC Global Services, Inc.,
on a super-priority basis and use cash collateral.

A copy of the Debtor's request for permission to obtain financing
is available at http://bankrupt.com/misc/nysb17-10585-2.pdf

AIG PC is a shareholder holding approximately 18% of Debtor's
outstanding equity interests.  AIG PC also holds a prepetition
unsecured note issued by the Debtor in the original principal
amount of $108,466.46 in connection with AIG PC's exercise of a put
right with respect to certain of the Debtor's common stock.  As of
the Petition Date, the full principal amount of that prepetition
unsecured note, plus accrued and unpaid interest and any fees and
other costs provided under that note, are owing to AIG PC.  AIG PC
recently agreed to give Debtor a bridge loan to fund the Debtor's
operations until commencement of the Chapter 11 case under a
promissory note, dated as of Feb. 16, 2017, in the original
principal amount of $375,000 secured by a first priority lien on
substantially all the Debtor's assets.  As the holder of that
secured Bridge Note, AIG PC is, as of the Petition Date, the
Debtor's only secured creditor.  AIG PC also agreed to provide the
DIP Financing for which the Debtor now seeks approval which will
provide funding for the Debtor to continue operating in bankruptcy
while implementing a dual-track process to maximize value for
stakeholders and preserve employees' jobs by simultaneously
pursuing (i) a reorganization plan, and (ii) a sale of
substantially all the Debtor's assets pursuant to Section 363 of
the Bankruptcy Code with the transition of its employees,
operations, and files.

The Debtor's primary objective in filing the Chapter 11 case is to
continue its recently commenced operations under Chapter 11
protection, and with additional financing needed to do so, in order
to demonstrate the success of the Debtor's business and revenue
generation, which will fund a successful reorganization plan and
attract the commitment of interested potential purchasers to
maximize value under a sale of substantially all assets.  To
achieve this objective, the Debtor has obtained a commitment for
debtor-in-possession financing in an aggregate principal amount not
to exceed $3 million.  

The proposed DIP financing contemplates the Court permitting the
Debtor to, among others: (i) obtain credit and incur debt on an
interim basis for a period from the commencement of the case
through and including the date of the final hearing up to the
aggregate principal amount of $425,000, secured by first priority
liens and security interests in and upon all of the assets of the
Debtor and be entitled to super-priority claim status; (ii)
consistent with the Postpetition Loan Agreement, establish a DIP
financing arrangement by and among the Debtor and the Postpetition
Lender; (iii) authorize the use of the proceeds of the DIP Facility
in accordance with an agreed-upon budget; (iv) provide the
Postpetition Lender with first priority liens upon substantially
all of the Debtor's real and personal property; and (v) grant the
Postpetition Lender a super-priority claim over any and all
administrative expenses (subject to the carveout).

The termination date for the financing is on the earliest to occur
of: (a) the date on which the lender provides written notice to the
Debtor, counsel for the Debtor, and counsel for any official
committee of unsecured creditors of the occurrence of an event of
default under the DIP Facility; (b) the date of the acceleration of
any outstanding extension of credit under the DIP Facility; (c) the
effective date of a confirmed plan in the case; (d) the closing
date of any sale of assets in the case; (e) the entry of an order
converting the case to a case under Chapter 7; (f) the entry of an
order dismissing the case; (g) the entry of an order appointing a
Chapter 11 trustee or examiner in the case; (h) the failure of the
Debtor to timely obtain entry of an interim order and final order
approving the DIP Facility, each of which must be in a form
acceptable to the lender in its sole discretion; and (i) 180 days
after the Petition Date.

The DIP Facility will have an interest rate of LIBOR plus 7.0% per
annum, payable in cash monthly in arrears.  It will have a default
interest rate of 1.25% in excess of the otherwise applicable
non-default interest rate, payable in cash monthly in arrears.

The Debtor will pay the Lender a one-time facility fee equal to
1.25% of the maximum DIP Facility amount, payable in cash upon
closing of the DIP Facility.  The Debtor will also pay the Lender a
one-time exit fee equal to 1.25% of the maximum DIP Facility
amount, payable in cash upon the termination of the DIP Facility.

For financing/operations milestones, the Debtor will: (a) on the
Petition Date, file a motion to approve the DIP Facility, in form
and substance acceptable to the Lender; (b) no later than three
business days after the Petition Date, obtain entry of an interim
DIP court order of the Court, in form and substance acceptable to
the Lender, approving the DIP Facility on an interim basis; (c) no
later than 30 days after the Petition Date, obtain entry of a final
DIP court order of the Court, in form and substance acceptable to
the Lender, approving the DIP Facility on a final basis; (d) no
later than 45 days after the Petition Date, deliver to the Lender
an analysis and recommendation on reducing the Debtor's real
property lease expenses; (e) no later than the last business day of
each month from and after the Petition Date, execute agreements
with no fewer than two new clients and generate additional revenue
of not less than $100,000; (f) no later than 30 days after the
Petition Date, have the Basic SafeStart Application and VR modules
ready for sale; (g) no later than 60 days after the Petition Date,
finalize all of the Borrower’s pending patent applications; (h)
no later than 60 days after the Petition Date, have the
Borrower’s wearable sensors ready for sale; (i) no later than 60
days after the Petition Date, have the Advanced SafeStart
Application and VR ready for sale; and (j) no later than 120 days
after the Petition Date, have the SafeStart Application and
wearable sensors integrated into a central platform.  Additional
milestones from and after April 2017 to be mutually agreed upon by
the Debtor and Lender.

As adequate protection for the use of cash collateral, the
Prepetition First Priority Lender is granted priority of
prepetition liens/allowance of Prepetition First Priority
Lender's claim/release, replacement liens, and allowed Code Section
507(b) claim.

                    About Human Condition

Headquartered in New York, New York, Human Condition Safety Inc. --
http://www.hcsafety.com/-- develops wearable devices, artificial
intelligence, building information modeling, and cloud computing
solutions that assists workers and their managers prevent injuries
before they happen at their workplace.  Human Condition Safety was
incorporated in 2014.

Human Condition Safety filed for Chapter 11 bankruptcy protection
(Bankr. S.D.N.Y. Case No. 17-10585) on March 10, 2017, estimating
its assets at between $500,000 and $1 million and its liabilities
at between $1 million and $10 million.  The petition was signed by
Greg Wolyniec, president, director and chief executive officer.

Judge Sean H. Lane presides over the case.

John D. Giampolo, Esq., at Wollmuth Maher & Deutsch LLP, is serving
as the Debtor's bankruptcy counsel.


INTERNATIONAL SHIPHOLDING: Cases of 2 Affiliates Dismissed
----------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court approved
International Shipholding's motion to dismiss the Chapter 11 cases
of Dry Bulk Australia and Dry Bulk Americas. As previously
reported, "The chapter 11 petitions for the cases in question in
this motion were filed out of an abundance of caution in
anticipation of multiple possible forms that an ultimate
restructuring of the debtors might take. Now, as a joint plan of
reorganization has been solicited and voted upon and the dry bulk
debtors have no continuing operations and will not be part of the
reorganized debtors, it has become clear that these two cases
should be dismissed."

                About International Shipholding

International Shipholding Corp. filed a Chapter 11 petition (Bankr.
S.D.N.Y. Case No. 16-12220) on July 31, 2016.  Its affiliated
debtors also filed separate Chapter 11 petitions.  The petitions
were signed by Manuel G. Estrada, vice president and chief
financial officer.

International Shipholding Corp. was engaged in waterborne cargo
transportation and maintained a diversified customer base with
emphasis on medium and long term contracts. ISH was founded in 1947
when the Johnsen family purchased a Liberty Ship after the
establishment of the War Ship Act of 1946 and became a public
company in 1979. Through its Debtor and non-Debtor subsidiaries,
International Shipholding now operates a diversified fleet of 21
U.S. and foreign flag vessels that provide domestic and
international maritime transportation services to commercial and
governmental customers primarily under medium to long-term
contracts.  As of the Petition Date, International Shipholding
maintained offices in Mobile, Alabama, New Orleans, Louisiana, New
York, New York, and Tampa, Florida, as well as a network of
agencies in major cities worldwide.

ISH, which was formed as a Delaware corporation in 1978 and became
a public company in 1979, is the ultimate corporate parent of the
International Shipholding family of companies. International
Shipholding's fleet is operated by ISH's principal Debtor and
non-Debtor subsidiaries, including Central Gulf Lines, Inc.,
Waterman Steamship Corporation, Enterprise Ship Company, Inc., U.S.
United Ocean Services, LLC, CG Railway, Inc., LCI Shipholdings,
Inc., Sulphur Carriers, Inc., and East Gulf Shipholding, Inc.
Certain other of ISH's Debtor subsidiaries, including LMS
Shipmanagement, Inc. and N. W. Johnsen & Co., Inc.,
provide ship management, ship charter brokerage, agency and other
specialized services. C.G. Railway Inc., Cape Holding LTD, Dry Bulk
Cape Holding, Inc., East Gulf Shipholding, Inc., MPV Netherlands
C.V., MPV Netherlands Cooperatief U.A., MPV Netherlands B.V., Bulk
Shipholding Inc., and Terminales Transgolfo S.A. de C.V. are not
debtors in these Chapter 11 cases.

The Debtors are represented by David H. Botter, Esq., Sarah Link
Schultz, Esq., and Travis A. McRoberts, Esq., at Akin Gump Strauss
Hauer & Feld LLP. The Debtors' Restructuring Advisor is Blackhill
Partners, LLC. Their Claims, Noticing & Balloting Agent is Prime
Clerk LLC.

The Debtors disclosed total assets at $305.1 million and total
debts at $226.8 million as of March 31, 2016.

William K. Harrington, the U.S. Trustee for the Southern District
of New York, on Sept. 1, 2016, appointed three creditors to serve
on the official committee of unsecured creditors of International
Shipholding Corporation. The committee hires Pachulski Stang Ziehl
& Jones LLP as counsel, and AMA Capital Partners, LLC as financial
advisor.

                    *     *     *

On October 28, 2016, the Debtors filed a motion to sell certain
assets contained in the Specialty Business Segment. On November 18,
2016, the Bankruptcy Court entered an order approving the bidding
and auction procedures in connection with such sale. The Auction
was held on December 15, 2016. The Bankruptcy Court held a hearing
to consider approval of the sale on December 20. On January 30,
2017, the Bankruptcy Court entered an order authorizing the sale.
The sale closed on February 28, 2017.

On November 14, 2016, the Debtors filed their Plan of
Reorganization and the Disclosure Statement.  The Bankruptcy Court
approved the Disclosure Statement on January 10, 2017.  On March 2,
2017, the Bankruptcy Court entered an order confirming the Plan.


ISAACSON IMPLEMENT: Wants to Continue Using Cash Until May 31
-------------------------------------------------------------
Isaacson Implement Company, Inc., seeks authorization from the U.S.
Bankruptcy Court for the District of Minnesota for the continued
use of cash collateral through May 31, 2017.

The Debtor has prepared a budget that reflects total cash
disbursements of approximately $106,090 for the month of March
2017, $126,534 for the month of April 2017, and $107,537 for the
month of May 2017.

The Court has previously granted the Debtor the interim use of cash
collateral and has granted replacement liens to these secured
creditors: Bremer Bank, TCF Inventory Finance, Inc., AGCO
Corporation and AGCO Finance, LLC.

The Debtor believes that based on the value of the collateral, the
Secured Creditors are protected by an equity cushion, in addition
to replacement lien that has been granted pursuant the Court's
Order dated March 8, 2017.

Currently, the Debtor and the Secured Creditors are still
negotiating the terms of a stipulation for the use of cash
collateral, and such stipulation has not yet been finalized.  The
Debtor, however, anticipates that the stipulation will be filed
with the Court, as soon as it is finalized.  In the event a
stipulation is not filed, the Debtor requests permission to utilize
cash collateral consistent with its Motion.

A full-text copy of the Debtor's Motion, dated March 21, 2017, is
available at https://is.gd/Cy6K5p

                About Isaacson Implement Company

Based in Nerstrand, Minnesota, Isaacson Implement Company, Inc.
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
D. Minn. Case No. 17-30382) on Feb. 10, 2017.  The petition was
signed by David Isaacson, president.  The case is assigned to Judge
William J Fisher.  At the time of the filing, the Debtor disclosed
$5.92 million in assets and $1.84 million in liabilities.  

Mark J. Kalla, Esq., at Lapp, Libra, Thomson, Stoebner & Pusch,
Chartered, is serving as bankruptcy counsel to the Debtor.  Judd,
Ostermann & Demro, Ltd., has been tapped as accountant, and Rich
Advice, LLC, as consultant.


J&M FOOD: Taps Canterbury Law Group as Legal Counsel
----------------------------------------------------
J&M Food Services LLC seeks approval from the U.S. Bankruptcy Court
for the District of Arizona to hire legal counsel in connection
with its Chapter 11 case.

The Debtor proposes to hire Canterbury Law Group LLP to give legal
advice regarding its duties under the Bankruptcy Code, negotiate
with creditors, give advice on any potential sale of assets, assist
in the preparation of a bankruptcy plan, and provide other legal
services.

The hourly rates charged by the firm for paralegals and law clerks
range from $140 to $195.  Attorneys charge $400 per hour for their
services.

Jonathan Ibsen, Esq., the attorney designated to represent the
Debtor, and Bobby Patton, will charge $400 per hour and $150 per
hour, respectively.

Canterbury does not hold or represent any interest adverse to the
Debtor, according to court filings.

The firm can be reached through:

     Jonathan P. Ibsen, Esq.
     Craig P. Cherney, Esq.
     Canterbury Law Group LLP
     14300 N. Northsight Blvd., Suite 129
     Scottsdale, AZ 85260
     Tel: (480) 240-0040
     Email: jibsen@clgaz.com

                     About J&M Food Services

J&M Food Services LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 17-01466) on February 18,
2017.  The petition was signed by Maggie Liao, managing member.  

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of less than $100,000.


J. CIOFFI LEASING: Asks Court Approval to Use Cash Collateral
-------------------------------------------------------------
J. Cioffi Leasing & Trucking, Inc., seeks authorization from the
U.S. Bankruptcy Court for the District of New Jersey to use cash
collateral.

The Debtor believes that Columbia Bank has a purported security
interest on the all of the Debtor's inventory, chattel paper,
accounts, equipment, general intangibles, and fixtures.  The Debtor
also believes that De Lage Landen Financial Services, Inc., has a
purported security interest on two of the Debtor's leased warehouse
forklifts.

The Debtor proposes to protect Columbia Bank's and De Lage Landen's
interests by: (a) maintaining property and business insurance, (b)
maintaining and managing the business, (c) providing Columbia Bank
and De Lage Landen with replacement liens, and (d) remitting
monthly payments to Columbia Bank and De Lage Landen.

The Debtor contends it is a significant impediment to its attempt
to reorganize and to promulgate an acceptable plan of
reorganization if the Debtor does not have access to all of its
income producing assets during its initial reorganization efforts.


A full-text copy of the Debtor's Motion, dated March 21, 2017, is
available at https://is.gd/9CFQjh

                About J. Cioffi Leasing & Trucking

J. Cioffi Leasing & Trucking, Inc., doing business as J. Cioffi
Cargo Management, is a trucking/warehousing vendor for various
clients including U.S. Customs, picking up and storing seizures
made out of Port NY/NJ.  It operates out of a warehouse located in
Carteret, New Jersey.  In June of 2014, J. Cioffi and landlord,
CenterPoint Minue, LLC, entered into a five-year and six-month
commercial lease agreement for the leasing of the warehouse.

J. Cioffi Leasing & Trucking filed a Chapter 11 bankruptcy petition
(Bankr. D.N.J. Case No. 17-14967) on March 14, 2017.  The petition
was signed by Joseph Cioffi, president. The Debtor is represented
by Christopher J. Balala, Esq., at Scura, Wigfield, Heyer, Stevens
& Cammarota, LLP.  At the time of filing, the Debtor had $100,000
to $500,000 in assets and $500,000 to
$1 million in liabilities.


JEFFREY P. ALEXANDER DDS: Trustee Hires McCord as Accountant
------------------------------------------------------------
Randy Sugarman, the Chapter 11 Trustee of Jeffrey P. Alexander,
DDS, Inc., d/b/a A Youthful Tooth, seeks authority from the U.S.
Bankruptcy Court for the Northern District of California to employ
the Shawn F. McCord, C.P.A., P.S. as tax accountant to the Debtor.

Jeffrey P. Alexander, DDS requires McCord to prepare the Debtor's
federal income tax returns due from the estate for the years 2014
and 2015 through closing of the Chapter 11 case.

McCord will be paid as follows:

   -- preparation of 2014
      income tax return                 $1,100 flat fee/annual

   -- preparation of 2015
      income tax return                 $1,600 flat fee/annual

Shawn F. McCord, principal of Shawn F. McCord, C.P.A., P.S.,
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.

McCord can be reached at:

     Shawn F. McCord
     SHAWN F. MCCORD, C.P.A., P.S.
     14205 SE 36th St., Suite 100
     Bellevue, WA 98006
     Tel: (425) 865-0312

                   About Jeffrey P. Alexander, DDS, Inc.

Jeffrey P. Alexander, DDS, Inc., dba A Youthful Tooth, in Oakland,
Calif., filed for Chapter 11 bankruptcy (Bankr. N.D. Calif. Case
No. 14-43851) on Sept. 19, 2014. Judge William J. Lafferty presides
over the case. Chris D. Kuhner, Esq., at Kornfield, Nyberg, Bendes
and Kuhner, P.C., serves as the Debtor's counsel. In its petition,
the Debtor listed total assets of $3.55 million and total
liabilities of $3.95 million. The petition was signed by Jeffrey P.
Alexander, president.


JESUS MISSION: To Liquidate Assets under Chapter 11 Plan
--------------------------------------------------------
Jesus Mission Church of Atlanta, Inc., filed with the U.S.
Bankruptcy Court for the Northern District of Georgia a disclosure
statement dated March 22, 2017, referring to the Debtor's plan of
reorganization.

Class C Allowed General Unsecured Claims will be paid in full,
subject to the availability of funds after payment of allowed
administrative claims.  If there are inadequate funds to pay Class
C claim in full, then claimants will be paid pro rata from
available funds.  Class C is impaired by the Plan.

The Debtor will liquidate its assets and disburse all proceeds to
creditors.

The Debtor has entered into a contract to sell the Church Property
located at 3840 Summit Ridge Parkway in Duluth Georgia to Glory
Church of Jesus Christ, Inc., a California based Christian Church,
for the amount of $1,450,000.  While the name of the purchaser is
similar to the name used by Debtor, there is no affiliation between
Debtor and the purchaser, except that Rev. Heung Lee attended
seminary with one of the ministers affiliated with the purchaser.
All net proceeds from the sale of the Church Property will go to
pay the first priority deed to secure debt in full, with the
balance to the second priority deed to secure debt.

Concurrent with the sale of the Church Property Glory Church of
Jesus Christ, Inc., will purchase Debtor's personal property, like
furniture, crosses, computers, musical instruments and sound
system, for an additional amount of $50,000.  Proceed from the sale
of personal Church Property will be applied, first, toward the
payment of administrative claims, next allowed general unsecured
claims, and any remaining amounts to the deficiency claim of holder
of the second priority deed to secure debt.  Within 30 days after
the Effective Date of the Plan, the Debtor will close its
Debtor-in-Possession bank account and the remaining balance will be
distributed to claimants.

A copy of the Disclosure Statement is available at:

            http://bankrupt.com/misc/ganb16-67623-47.pdf

               About Jesus Mission Church of Atlanta

Jesus Mission Church of Atlanta, Inc., filed a Chapter 11 petition
(Bankr. N.D. Ga. Case No. 16-67623) on Oct. 3, 2016.  The petition
was signed by Heung Lee, secretary.  The Debtor is represented by
Edward F. Danowitz, Jr., Esq., at Danowitz & Associates, P.C.  The
Debtor estimated assets and liabilities at $1 million to $10
million.

The Debtor's business is Christian ministry, religious services,
education, counseling, and related activities.


K.J.B. SPECIALTIES: Intends to Use Ameris Bank Cash Collateral
--------------------------------------------------------------
K.J.B. Specialties, Inc., asks the U.S. Bankruptcy Court for the
Middle District of Florida for authorization to use cash
collateral.

The Debtor has prepared a detailed Budget which projects total
operating expenses of approximately $37,160 per month.

The Jacksonville Bank holds a perfected security interest on the
Debtor's personal property, including inventory and the proceeds of
such property.  Recently, Jacksonville Bank was purchased, along
with its assets, by Ameris Bank.

The Debtor will provide replacement liens to Ameris Bank in order
to protect its interest.  In addition, the Debtor will make monthly
interest only payment to Ameris Bank in the amount of $161.  This
payment is based upon the principal balance of the note, which is
approximately $38,588, at 5% interest.

A full-text copy of the Debtor's Motion, dated March 21, 2017, is
available at https://is.gd/Qc86r3

                  About K.J.B. Specialties

K.J.B. Specialties, Inc., owns Jerome Brown Barbecue & Wings, a
barbecue sauce manufacturing operation on Commonwealth Avenue, in
Jacksonville, Florida.  The Company is equally owned by Jerome
Brown and Joann Brown.

The city of Jacksonville sued the Company in January 2017 to
recover a $210,000 grant after the Company failed to comply with
the promise of creating 56 jobs at the manufacturing plant.  

K.J.B. Specialties filed a Chapter 11 petition (Bankr. M.D. Fla.
Case No. 17-00913) on March 20, 2017.  The petition was signed by
Joann M. Brown, president.  The case is assigned to Judge Jerry A.
Funk.  The Debtor is represented by Jason A Burgess, Esq. at the
Law Offices of Jason A. Burgess, LLC.  At the time of filing, the
Debtor had $243,048 in total assets and $3.25 million in total
liabilities.


KCST USA: Taps Darr of Huron Consulting as CRO
----------------------------------------------
KCST USA, Inc., seeks authority from the U.S. Bankruptcy Court for
the District of Massachusetts to employ Stephen Darr of Huron
Consulting Services, LLC, as chief restructuring officer to the
Debtor.

KCST USA requires Darr of Huron Consulting to provide restructuring
and turnaround services, including and in relation to:

   a. budgeting and related reporting requirements;

   b. vendor relationship management;

   c. restructuring support;

   d. testimony before the bankruptcy Court, as necessary;

   e. plan development and negotiations; and

   f. general Chapter 11 services, including preparation of
      required monthly operating reports.

Huron Consulting will be paid at these hourly rates:

     Managing Directors               $750-$950
     Senior Directors                 $650-$725
     Directors                        $550-$650
     Manager                          $475-$550
     Associate                        $400-$435
     Analyst                          $350

Huron Consulting will be paid a retainer in the amount of $150,000.
Prior to the petition date Huron Consulting incurred fees and
expenses in the amount of $48,480, leaving a balance retainer of
$101,519.31.

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

Stephen Darr, managing director of Huron Consulting Services, 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.

Huron Consulting can be reached at:

     Stephen Darr
     HURON CONSULTING SERVICES, LLC
     92 Hayden Avenue
     Lexington, MA 02421
     Tel: (781) 652-7200
     Fax: (781) 652-7202

                   About KCST USA, Inc.

KCST USA, Inc., based in Concord, MA, filed a Chapter 11 petition
(Bankr. D. Mass. Case No. 17-40501) on March 22, 2017. The Hon.
Elizabeth D. Katz presides over the case. Andrew G. Lizotte, Esq.,
and Harold B. Murphy, Esq., at Murphy & King, P.C., to serve as
bankruptcy counsel. Stephen Darr of Huron Consulting Services, LLC,
as chief restructuring officer.

In its petition, the Debtor estimated $500,000 to $1 million in
assets and $10 million to $50 million in liabilities. The petition
was signed by Terrence Fergus, president.


KEMET CORP: Files Conflict Minerals Report for 2016
---------------------------------------------------
KEMET Corporation filed a conflict minerals report to comply with
Section 13(p) of the Securities Exchange Act of 1934, as amended,
and Rule 13p-1 thereunder for the reporting period from Jan. 1 to
Dec. 31, 2016.

KEMET is a global manufacturer of a wide variety of capacitors.
KEMET manufactures capacitors with different dielectrics and
electrical termination configurations.  These materials and
configurations define the capacitor product categories.  The types
of capacitors that KEMET manufactures are tantalum, ceramic, film,
aluminum, paper and electrolytic.  The electrical termination
configurations include surface mount capacitors, which are attached
directly to the circuit board without lead wires, and non-surface
mount capacitors.  Non-surface mount capacitors include capacitors
that are attached to the circuit board using lead wires, chassis
mounts, or other pin through-hole board mounts such as screw
terminal or snap-in.

Additionally, KEMET manufactures non capacitor electronic products
which include:

  * Inductors

  * Electrical Coils

  * Electrical Chokes

  * Electrical Magnetic Transformers

  * Electrical Filters

  * Electronic Control Boards

As set forth in Section 13(p) of the Securities Exchange Act of
1934, as amended, and Rule 13p-1 thereunder, "tantalum," "tin," and
"tungsten" refer to the derivatives of the metal ores from which
those minerals are extracted, namely, columbite-tantalite,
cassiterite and wolframite, respectively.

KEMET has concluded in good faith that during 2016:

   1. KEMET manufactured or contracted to manufacture products as
      to which conflict minerals are necessary to the   
      functionality or production;

   2. Tantalum material was sourced either directly through its
      Closed Pipe Supply Chain (which refers to its effort,
      started in fiscal year 2012, to vertically integrate its
      tantalum business and develop a "closed pipe" source for its

      conflict-free tantalum material) or through external third
      party suppliers.  All tungsten, tin and gold material was
      sourced from external third party suppliers; and

   3. Based on a reasonable country of origin inquiry, KEMET knew
      or had reason to believe that a portion of its necessary
      conflict minerals originated or may have originated in the
      Democratic Republic of the Congo or an adjoining country as
      defined in the Rule (collectively, sometimes referred to as
      the "Covered Countries"), and knew or had reason to believe
      that those necessary conflict minerals may not be from
      recycle or scrap sources.

The results of the Company's reasonable country of origin inquiry
conducted on these conflict minerals were as follows:

  * For tantalum, tin, and gold, KEMET determined a portion of the
    material came from recycle or scrap material.

  * For tantalum, not from recycle or scrap, the Company
    determined the country of origin for all materials and
    confirmed that the country of origin included a Covered
    Country.

  * For tin, despite diligent efforts the Company was not able to
    determine the country of origin for all materials but did
    confirm the country of origin included a Covered Country.

  * For gold, despite diligent efforts the Company was not able to
    determine the country of origin for all materials.  For those
    materials where the country of origin was determined, the
    origins did not include, and KEMET has no reason to believe
    they were sourced from, a Covered Country.

  * For tungsten, the Company was not required to determine the
    country of origin or otherwise provide information related to
    tungsten because all tungsten necessary to the functionality
    or production of KEMET's products was acquired in 2011 and
    considered to be "outside the supply chain" (or fully
    smelted).

                    DRC Conflict Free Products

The Company said it has designated its products as "DRC conflict
free" if it is able to reasonably determine that they do not
contain conflict minerals necessary to their functionality or
production that directly or indirectly finance or benefit armed
groups in a Covered Country, or that are obtained from recycled or
scrap sources, all as further defined by applicable SEC rules.
KEMET's products manufactured in 2016 were determined to be DRC
conflict free if (a) all KEMET's external third party suppliers who
contributed necessary conflict minerals to those products provided
a response to the supply chain survey confirming they had
identified all of the smelters or refiners in their supply chain
and (b) all of those smelters/refiners were either EICC/GeSI
Conflict Free Smelter Program compliant or sourced outside the
Covered Countries.

As a result of the RCOI and due diligence conducted and in
accordance with the Rule as originally promulgated, KEMET has
determined the following product categories to be "DRC conflict
free" for 2016:

   * Tantalum Surface Mount Capacitors (MnO2)
   * Tantalum Non-Surface Mount Capacitors (MnO2)
   * Tantalum Polymer Surface Mount Capacitors (KO)
   * Ceramic Surface Mount Capacitors (MLCC)
   * Ceramic Non-Surface Mount Capacitors
   * Electrolytic Non-Surface Mount Capacitors
   * Aluminum Polymer Surface Mount Capacitors (AO)

KEMET has insufficient information from suppliers or other sources
regarding all smelters and refiners that processed the necessary
conflict minerals to make a determination for the other product
categories set forth below and provides below the known facilities
used to process the necessary conflict minerals and country of
origin.  The country of origin information is based on the
EICC/GeSI Conflict Free Sourcing Initiative's Reasonable Country of
Origin Inquiry data as of March 3, 2017.

   * Film and Paper Surface Mount Capacitors
   * Film and Paper Non-surface Mount Capacitors
   * Electrical Filters
   * Electrical Magnetic Transformers
   * Electrical Chokes
   * Electrical Coils
   * Inductors
   * Electronic Control Boards

A total of 210 operational smelter and refiner facilities were
identified by our suppliers. As of March 21, 2017:

   * 175 were audited and found to be compliant to the CFSP
   * 5 were actively participating in the CFSP
   * 30 had not yet participated in an independent third party
audit program

A full-text copy of the Conflict Minerals Report is available for
free at
https://is.gd/TJlgpE

                         About KEMET

KEMET, based in Greenville, South Carolina, is a manufacturer and
supplier of passive electronic components, specializing in
tantalum, multilayer ceramic, film, solid aluminum, electrolytic,
and paper capacitors.  KEMET's common stock is listed on the NYSE
under the symbol "KEM."

KEMET reported a net loss of $53.6 million on $735 million of net
sales for the fiscal year ended March 31, 2016, compared with a
net loss of $14.1 million on $823 million of net sales for the
fiscal year ended March 31, 2015.

As of Dec. 31, 2016, Kemet Corporation had $662.5 million in total
assets, $572.1 million in total liabilities and $90.44 million in
total stockholders' equity.

                           *     *     *

KEMET carries a 'Caa1' corporate family rating, with stable
outlook, from Moody's and a 'B-' issuer credit rating with stable
outlook from Standard and Poor's.


LINDLEY FIRE: U.S. Trustee Forms 3-Member Committee
---------------------------------------------------
The Office of the U.S. Trustee on March 29 appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Lindley Fire Protection Co., Inc.

The committee members are:

     (1) Response Fire Supply
         Devin Doyle
         2040 South Yale Street, Suite D
         Santa Ana, CA 92704
         Phone (714) 754-7100

     (2) S & J Supply Co., Inc.
         Chuck Bridges
         13105 Florence Ave.
         Santa Fe Springs, CA 90670
         Phone (562) 944-7433

     (3) Roundbrix
         Edwin L. Leard
         23172 Plaza Pointe Drive, Suite 285
         Laguna Hills, CA 92653
         Phone (949) 273-5200

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 Lindley Fire Protection Co.

Established in 1986 in Anaheim, California, Lindley Fire Protection
Co., Inc. -- www.lindleyfire.com -- provides fire protection
services and contracts with large industrial warehouses and
facilities.  

The Debtor performs construction services worldwide and its
personnel have performed work in various locations such as Western
Somoa, Puerto Rico, Texas, Illinois, Nevada, Colorado, Utah,
Montana, Idaho and Mexico.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Calif. Case No. 17-10929) on March 12, 2017.  The
petition was signed by Leslie L. Lindley, II, president.  The case
is assigned to Judge Catherine E. Bauer.

At the time of the filing, the Debtor estimated its assets and
debts at $1 million to $10 million.


MF GLOBAL: Court Allows Claim That PwC's Services Led to Collapse
-----------------------------------------------------------------
Ryan Boysen, writing for Bankruptcy Law360, reports that New York
District Judge Victor Marrero has denied PricewaterhouseCoopers'
bid to prevent MF Global Holdings Ltd from advancing at trial a
"new theory" about how its services allegedly led to the Company's
bankruptcy.

PwC, William Gorta at Law360 relates, had accused the Company of
conducting a trial by ambush and asked Judge Marrero to stop the
Company from pursuing what PwC called a new theory of causation, to
strike evidence related to that theory, and to give the jury of
five women and five men a curative instruction.

Citing PwC, Law360 notes that the Company's stated causation theory
throughout the case was that PwC's mistaken policy of allowing the
investment firm to carry its European repurchase-to-maturity bond
holdings off the balance sheet led the Company to acquire more
European sovereign debt than it should have, which allegedly led to
the Company's eventual bankruptcy.  However, the Company advanced
at trial the theory that the euro bonds were rock-solid investments
and that the market lost faith in the Company when PwC's alleged
auditing failures was exposed, the report adds.

The Company's former CEO, Jon S. Corzine, admitted that none of the
reasons Moody's downgraded the Company's rating was the auditors'
fault, Law360 reports.

According to Law360, Judge Marrero said that while it was true that
the Company had leaned more heavily on a different argument
throughout the proceedings, it had raised the new argument often
enough that PwC should have been able to prepare for it.  The
report quoted the judge as saying, "PwC had sufficient notice prior
to the time it filed this motion to conclude that the plan
administrator alleges PwC's advice caused a crisis of confidence in
MF Global's financial statements; that theory was previously
disclosed in this litigation."

Law360 relates that the Company claimed during trial that the
market lost faith in the Company when PwC's alleged accounting
failures came to light, leading PwC to accuse the firm of "trial by
ambush" in its motion to force the Company to back off that
argument.

Stephen Sorensen, Esq., the attorney for the Company, said in a
statement, "We are pleased the court denied PwC's motion, which
clearly was an act of desperation that you make when you're losing.
All of those bonds -- every single one -- paid off.  That the
Company engaged in 'risky bond trading' is simply a myth.  PwC's
gross negligence killed this Company.  When PwC's off balance sheet
advice proved wrong, the market was shocked . . . and pulled out
its money like a run on the bank, killing the company in five
days."

Rich Marooney, Esq., the attorney for PwC, said in a statement, "We
are confident in our position and expect to win this case on the
merits, regardless of the causation theory the plan administrator
decides to utilize.  The bottom line is that PwC had no role in any
of the events that led to the demise of MF Global.  As [former MF
Global CEO] Jon Corzine himself testified last week, PwC was not
responsible for MF Global's strategy or business decisions."

                         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.


MFR RENTAL: Hires Buddy Ford as Attorney
----------------------------------------
MFR Rental Properties, LLC, 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.

MFR Rental 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 its 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 Bankruptcy Court;

   d. represent the Debtor at the Section 341 Creditor's 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 the court;

   g. prepare, on behalf of the Debtor, necessary motions,
      pleadings, applications, answers, orders, complaints, and
      other legal papers and appear at hearings;

   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.

Ford will be paid at these hourly rates:

     Buddy D. Ford                      $425
     Senior Associate                   $375
     Junior Associate                   $300
     Senior Paralegal                   $150
     Junior Paralegal                   $100

Prior to petition date, the Debtor paid in advance Ford the amount
of $9,500, comprising of $1,000 pre-filing fee retainer, $6,783
post-filing fee retainer, and $1,717 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

                   About MFR Rental Properties, LLC

MFR Rental Properties, LLC filed a Chapter 11 bankruptcy petition
(Bankr. M.D. Fla. Case No. 17-02334) on March 22, 2017, listing
under $1 million in both assets and liabilities.


MICROVISION INC: Director Richard Cowell to Retire After 20 Years
-----------------------------------------------------------------
MicroVision, Inc., disclosed on March 27, 2017, that Colonel (Ret.)
Richard A. Cowell will not stand for re-election to the board of
directors and will step down when his current term expires at the
Company's 2017 annual meeting of shareholders.

Colonel (Ret.) Cowell, who currently chairs the audit committee,
has been a member of MicroVision's board of directors since August
1996 when it first became a publicly traded company.  His extensive
military experience, from 25 years of service in the US Army and
later as a Principal at Booz Allen Hamilton focused on Department
of Defense and other agency contracts, aided MicroVision in its
first ten years which were characterized by defense-related
contracts.  As the Company turned its focus in 2006 to consumer
electronics and other commercial markets, Colonel (Ret.) Cowell's
administrative and executive experience continued to benefit the
company.

"Rich Cowell has been a cornerstone of MicroVision's board, and we
wish him well," said Brian Turner, chairman and independent
director at MicroVision.  "Not only has he provided great insight
and guidance from his distinguished service in the Army and his
experience as a Principal at Booz Allen Hamilton, but he is a
fantastic person to know and work alongside and will be greatly
missed."

"Watching the evolution of MicroVision and its laser beam scanning
technology for these many years has been an extraordinary
experience," said Colonel (Ret.) Cowell.  "I plan to continue
watching the company's progress as it looks to broaden its
applications beyond projection to 3D sensing and exciting new
applications like autonomous vehicles.  It is also gratifying to
see the company engage in augmented and virtual reality eyewear, an
application with roots in the early days of MicroVision when I
joined the board."

Robert Carlile, a former partner at KPMG LLP, was recently named to
the board of directors and to the audit committee.

                       About MicroVision
  
Redmond, Washington-based MicroVision, Inc., is developing its
PicoP(R) display technology that can be adopted by its customers to
create high-resolution miniature laser display and imaging modules.
This PicoP display technology incorporates the company's patented
expertise in two-dimensional Micro-Electrical Mechanical Systems
(MEMS), lasers, optics and electronics.

MicroVision reported a net loss of $16.47 million for the year
ended Dec. 31, 2016, compared to a net loss of $14.54 million for
the year ended Dec. 31, 2015.  As of Dec. 31, 2016, MicroVision had
$20.10 million in total assets, $12.63 million in total liabilities
and $7.47 million in total shareholders' equity.

Moss Adams LLP, in Seattle, Washington, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company has incurred losses
from operations and has an accumulated deficit, which raises
substantial doubt about its ability to continue as a going concern.


MONTCO OFFSHORE: Seeks Nod of $3.15-Mil Loan, Cash Collateral Use
-----------------------------------------------------------------
Montco Offshore, Inc. its affiliate Montco Oilfield Contractors,
LLC, seek authorization from the U.S. Bankruptcy Court for the
Southern District of Texas to obtain postpetition superpriority
secured financing from JPMorgan Chase Bank, N.A., and to use
Chase's cash collateral.

The Debtors believe that an immediate and orderly transition into
chapter 11 is critical to the viability of their operations and the
success of these chapter 11 cases.

Chase served as the Debtor's prepetition lender/agent under a
Second Amended and Restated Credit Agreement, as amended, dated as
of Jan. 29, 2016, among (i) debtor Montco Offshore, Inc. ("MOI"),
Orgeron Real Estate, LLC ("ORE") (collectively, "Prepetition
Borrowers"), and (ii) Chase, as administrative agent (the "Agent")
for the prepetition lenders "thereto (collectively, the
"Prepetition Lenders").

By this Motion, the Debtors seek the Bankruptcy Court's approval to
obtain secured postpetition superpriority financing on an interim
basis from Chase, up to the amounts provided in the Approved
Budget, with the maximum amount to be borrowed not to exceed $3.15
million.

The Debtors' proposed Budget for Montco Offshore during the period
of March 20, 2017 until June 18, 2017 projects total operating
disbursements of approximately $5,705,561 and non-recurring
disbursements in the amount of $3,860,000.  The proposed Budget for
Montco Oilfield Contractors during the same 13-week period reflects
operating disbursements in the aggregate sum of $702,072 and
non-recurring disbursements of $550,000.

Chase will be granted a first priority security interest in and
liens on all of the DIP Collateral and the Carve-Out, to secure the
DIP Facility and all obligations owing and outstanding under the
DIP Loan Documents.  JPMorgan Chase will also be granted an allowed
superpriority administrative expense claims on all prepetition and
postpetition property of the Debtors' estates and all proceeds
thereof.

The material terms of the proposed DIP Facility are as follows:

     A. Interest Rate.  The Emergency DIP Loans comprising each
borrowing will bear interest at a rate equal to 10% per annum.

     B. Use of DIP Facility Proceeds and Cash Collateral. The DIP
Loans are needed:

           (a) to maximize and preserve the value of the Debtors'
businesses, and to satisfy payroll obligations and other necessary
working capital and general corporate purposes of the Debtors,

           (b) to pay fees and expenses related to the DIP Loan
Documents and necessary and reasonable fees incurred in connection
with these Chapter 11 Cases, and

           (c) for such other purpose as set forth in the DIP Loan
Documents.

     C. Carve-Out.  The Carve-Out comprises of

           (a) fees payable to the U.S. Trustee or to the Clerk of
the Bankruptcy Court,

           (b) unpaid professional fees and expenses payable to
each professional retained by the Debtors and, if appointed, the
Creditors' Committee that are incurred or accrued prior to the date
of the occurrence of a Termination Event, and

           (c) Case Administration Fees and Professional Fees paid
on or after JPMorgan Chase's termination of the DIP Facility in an
aggregate amount not to exceed $300,000, subject to the aggregate
amounts accrued for or paid as set forth in the Approved Budget.

     D. Maturity Date:  The earliest to occur of:

           (a) April 21, 2017,

           (b) the effective date of a plan of reorganization or
liquidation of the Debtors that is confirmed pursuant to an order
entered by the Bankruptcy Court,

           (c) the liquidation or consummation of any sale or other
disposition of all or substantially all of the assets of the
Debtors,

           (d) the date of acceleration of the Emergency Loans and
the termination of JPMorgan Chase's commitment to make Emergency
Loans hereunder in accordance with the terms of the Loan Documents,


           (e) the appointment by the Bankruptcy Court of a trustee
or an examiner with expanded powers, and

           (f) the entry of any order dismissing any Chapter 11
bankruptcy case of the Debtors or converting any of the cases to a
case under Chapter 7 of the U.S. Bankruptcy Code.
As adequate protection in respect of the use of cash collateral,
the prepetition lenders are granted replacement liens and a
superpriority claim.

Counsel to Chase:

         NORTON ROSE FULBRIGHT US LLP
         2200 Ross Avenue, Suite 3600
         Dallas TX
         Attn: Louis R. Strubeck, Jr.
               Kristian W. Gluck
               Ryan E. Manns
         E-mail: louis.strubeck@nortonrosefulbright.com
                 kristian.gluck@nortonrosefulbright.com
                 ryan.manns@nortonrosefulbright.com

A full-text copy of the Debtors' Motion, dated March 20, 2017, is
available at https://is.gd/4xUbfU

                      About Montco Offshore

Based in Galliano, Louisiana, Montco Offshore, Inc. --
http://www.montco.com/mo--  was founded by the Orgeron family in
1948.  Over its 60+ years, the Company has served the offshore
energy industries with crew boats, ocean-going tugs, deck barges,
supply boats, and liftboats. Currently, Montco specializes in
liftboats ranging in size from 235 feet to 335 feet which provide
the best quality and safety of service for customers requiring
versatile elevated vessels/work-platforms.  Montco has total fleet
of six vessels includes (a) two 335' class liftboats, known as (i)
"Robert," which was unveiled in the first quarter of 2012, and (ii)
"Jill," which was completed in 2014; (b) two 245' class liftboats,
known as (i) "Kayd," which was completed in 2006, and (ii)
"Myrtle;" which was completed in 2002; and (c) two 235' class
liftboats, each completed in 2009, known as (i) "Paul," and (ii)
"Caitlin."

Montco Offshore, Inc. and its affiliate Montco Oilfield
Contractors, LLC, filed Chapter 11 petitions (Bankr. S.D. Tex. Case
Nos. 17-31646 and 17-31647), on March 17, 2017.  The petitions were
signed by Derek C. Boudreaux, the CFO.  The cases are assigned to
Judge Marvin Isgur.

As of the Petition Date, on a book basis, MO had an aggregate of
approximately $265 million in total assets and approximately $136
million in total liabilities.  MOC had approximately $84 million in
total assets (which are mostly made up of receivables) and
approximately $126 million in total liabilities.  As of the
Petition Date, the Debtors estimate that approximately $5.3 million
was due and owing to holders of prepetition trade claims against
MO, and approximately $75 million was due and owing to holders of
prepetition trade claims against MOC, not including the
intercompany obligations.

The Debtors tapped Vincent P. Slusher, Esq., David E. Avraham,
Esq., and Adam C. Lanza, Esq. at DLA Piper LLP (US), as bankruptcy
counsel.  The Debtors also engaged Blackhill Partners, LLC, as
their financial advisor, and BMC Group, Inc., as their claims &
noticing agent.

No request for the appointment of a trustee or examiner has been
made and no official committee of unsecured creditors has been
appointed in the Chapter 11 cases.


MONTCO OFFSHORE: U.S. Trustee Forms 7-Member Committee
------------------------------------------------------
The Office of the U.S. Trustee on March 29 appointed seven
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of Montco Offshore, Inc. and Montco
Oilfield Contractors, LLC.

The committee members are:

     (1) Alliance Energy Services, LLC
         Attn: Eric Trosclair
         P.O. Box 999
         Larose, LA 70373
         Tel: 985-851-8801
         Email: etrosclair@allianceoffshore.com

     (2) Offshore Specialty Fabricators, LLC
         Attn: Tambrey Naron
         115 Menard Road
         Houma, LA 70363
         Tel: 832-255-1502
         Email: tnaron@osf-llc.com

     (3) Deepcor Marine Inc.
         Attn: Brooks Bourque
         P.O. Box 723945
         Dallas, TX 75373
         Tel: 337-857-5906
         Email: bbourque@deepcoremarine.com

     (4) Proserv Operations, Inc.
         Attn: Alexander Church
         15151 Sommermeyer Street
         Houston, TX 77041
         Tel: 713-373-3050
         Email: alexander.church@proserv.com

     (5) G & J Land and Marine Food Distribution, Inc.
         Attn: Erik Lind
         P.O. Box 649
         Morgan City, LA 70380
         Tel: 985-385-2620
         Email: eland@gjfood.com

     (6) Ecoserv, LLC
         Attn: Rob Driskell
         9525 U.S. Highway 167
         Abbeville, LA 70510
         Tel: 337-898-2104
         Email: rdriskell@ecoserv.net

     (7) B & J Martin, Inc.
         Attn: Jimmie Martin
         P.O. Box 448
         Cutoff, LA 70345
         Tel: 98-632-2727
         Email: beau@bjmartininc.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.

The Debtors are represented by:

     Vincent P. Slusher, Esq.
     DLA Piper LLP (US)
     1717 Main Street, Suite 4600
     Dallas, TX 75201-4629
     Tel: (214) 743-4500
     Fax: (214) 743-4545
     Email: vince.slusher@dlapiper.com

          -- and --

     David E. Avraham, Esq.
     Adam C. Lanza, Esq.
     DLA Piper LLP (US)
     444 W. Lake Street, Suite 900
     Chicago, Illinois 60606-0089
     Tel: (312) 368-4000
     Fax: (312) 236-7516
     Email: david.avraham@dlapiper.com
     Email: adam.lanza@dlapiper.com  

                     About Montco Offshore

Montco Offshore, Inc. -- http://www.montco.com/mo-- was founded by
the Orgeron family in 1948.  For over 60 years, the Debtor has
served the offshore energy industries with crew boats, ocean-going
tugs, deck barges, supply boats, and liftboats.

Today, Montco specializes in liftboats ranging in size from 235
feet to 335 feet which provide the best quality and safety of
service for customers requiring versatile elevated
vessels/work-platforms.

Montco and Montco Oilfield Contractors, LLC sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Texas Lead Case No.
17-31646) on March 17, 2017.  The petitions were signed by Derek C.
Boudreaux, chief financial officer.  The case is assigned to Judge
Marvin Isgur.

At the time of the filing, the Debtors estimated their assets and
debts at $100 million to $500 million.  

The Debtors hired Blackhill Partners, LLC as financial advisor, and
BMC Group, Inc. as claims and noticing agent.


MPM HOLDINGS: 36.5 Million Shares Up for Sale
---------------------------------------------
MPM Holdings, Inc., filed with the Securities and Exchange
Commission a Post-Effective Amendment No. 2 to the Registration
Statement on Form S-1 (File No. 333-201338), as originally declared
effective by the Securities and Exchange Commission on July 2,
2015.

MPM filed the POS AM document to:

     (i) include the information contained in Momentive's Annual
Report on Form 10-K for the fiscal year ended December 31, 2016,
that was filed with the SEC on March 10, 2017;

    (ii) reduce the number of shares of common stock of Momentive
covered by the Registration Statement due to sales of shares of
common stock by certain of the selling stockholders; and

   (iii) update certain other information in the Registration
Statement.

The POS AM document includes a prospectus that relates to the offer
and resale of up to an aggregate of 36,512,329 shares of common
stock of MPM Holdings by selling stockholders identified in this
prospectus.   MPM is not selling any shares under this prospectus,
and will not receive any proceeds from the sale of shares being
offered by the selling stockholders.

No additional securities are being registered under this
Post-Effective Amendment No. 2.  All applicable registration fees
were paid at the time of the original filing of the Registration
Statement.

A copy of the POS AM document and prospectus is available at
https://is.gd/xI8v4U

As reported by the Troubled Company Reporter, MPM Holdings posted a
Net loss of $118 million for the fourth quarter of 2016 from a net
loss of $37 million for the same period in 2015.  It posted a Net
loss of $163 million for 2016 from a net loss of $83 million for
2015.

                   About Momentive Performance

Momentive is a producer of silicones and silicone derivatives.
Momentive has a 70-year history, with its origins as the Advanced
Materials business of General Electric Company.  In 2006,
investment funds affiliated with Apollo Global Management, LLC,
acquired the company from GE.

Momentive Performance Materials Inc., Momentive Performance
Materials Holdings Inc., and their affiliates sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 14-22503) on April 14,
2014, with a deal with noteholders on a balance-sheet
restructuring.

As of Dec. 31, 2013, the Debtors had $4.11 billion of outstanding
indebtedness, including payments due within the next 12 months and
short-term borrowings.  The Debtors said that the restructuring
will eliminate $3 billion in debt.

The Debtors tapped Willkie Farr & Gallagher LLP as bankruptcy
counsel with regard to the filing and prosecution of these chapter
11 cases; Sidley Austin LLP as special litigation counsel; Moelis
& Company LLC as financial advisor and investment banker;
AlixPartners, LLP as restructuring advisor; PricewaterhouseCoopers
as auditor; and Crowe Horwath LLP as benefit plan auditor.
Kurtzman Carson Consultants LLC served as notice and claims agent.

The Official Committee of Unsecured Creditors tapped Klee, Tuchin,
Bogdanoff & Stern LLP as its counsel; FTI Consulting, Inc.,
as its financial advisor; and Rust Consulting Omni Bankruptcy
serves as its information agent.

Wilmington Trust, National Association, the Trustee for the
Momentive Performance Materials Inc. 10% Senior Secured Notes due
2020 -- 1.5 Lien Notes -- under the Indenture, dated as of May 25,
2012, by and between Momentive Performance, and The Bank of New
York Mellon Trust Company, National Association, was represented
by Mark R. Somerstein, Esq., Mark I. Bane, Esq., and Stephen
Moeller-Sally, Esq., at Ropes & Gray LLP.

U.S. Bank National Association -- as successor Indenture Trustee
under the indenture dated as of Dec. 4, 2006, among Momentive
Performance, the Guarantors named in the Indenture, and Wells
Fargo Bank, N.A. as initial trustee, governing the 11.5% Senior
Subordinated Notes due 2016 -- was represented in the case by
Susheel Kirpalani, Esq., Benjamin I. Finestone, Esq., David L.
Elsberg, Esq., Robert Loigman, Esq., K. John Shaffer, Esq., and
Matthew R. Scheck, Esq., at Quinn Emanuel Urquhart & Sullivan,
LLP; and Clark Whitmore, Esq., and Ana Chilingarishvili, Esq., at
Maslon Edelman Borman & Brand, LLP.

BOKF, NA -- as successor First Lien Trustee to The Bank of New
York Mellon Trust Company, N.A., as trustee under an indenture
dated as of Oct. 25, 2012, for the 8.875% First-Priority Senior
Secured Notes due 2020 issued by Momentive Performance and
guaranteed by certain of the debtors -- was represented by
Michael J. Sage, Esq., Brian E. Greer, Esq., and Mauricio A.
Espana, Esq., at Dechert LLP.

Counsel to Apollo Global Management, LLC and certain of its
affiliated funds were Ira S. Dizengoff, Esq., Philip C. Dublin,
Esq., Abid Qureshi, Esq., Deborah J. Newman, Esq., and Ashleigh L.
Blaylock, Esq., at Akin Gump Strauss Hauer & Feld LLP.

Attorneys for Ad Hoc Committee of Second Lien Noteholders were
Dennis F. Dunne, Esq., Michael Hirschfeld, Esq., and Samuel A.
Khalil, Esq., at Milbank, Tweed, Hadley & McCloy LLP.

The Court entered an order confirming the Plan on Sept. 11, 2014.

The Debtors' Chapter 11 plan of reorganization became effective as
of Oct. 24, 2014.

MPM Holdings Inc. trades under the symbol OTCQX: MPMQ.

                           *     *     *

Momentive continues to carry Moody's Investors Service's "Caa1" and
S&P's "B" corporate ratings.  In late January 2016, Moody's
downgraded Momentive Performance's corporate family rating (CFR) to
Caa1 from B3.


NEIMAN MARCUS: Bank Debt Trades at 20% Off
------------------------------------------
Participations in a syndicated loan under Neiman Marcus Group Inc
is a borrower traded in the secondary market at 80.28
cents-on-the-dollar during the week ended Friday, March 24, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents an increase of 1.03 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 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 24.


NORTHWEST GOLD: Hires Erik LeRoy as Counsel
-------------------------------------------
Northwest Gold, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of Alaska to employ the Erik LeRoy, P.C., as
counsel to the Debtor.

Northwest Gold requires LeRoy to:

   a. prepare records and reports as required by the Bankruptcy
      Code;

   b. prepare applications and orders submitted to the Bankruptcy
      Court;

   c. formulate, prepare and advocate for a plan of
      reorganization;

   d. identify and prosecute of claims or causes of action on
      behalf of the Debtor and the bankruptcy estate;

   e. review and object to claims filed in the bankruptcy
      proceedings;

   f. conduct litigation and representation of the Debtor in all
      hearings and other proceedings in the Bankruptcy Court;

   g. advise the Debtor on its rights, powers and duties under
      the Bankruptcy Code; and

   h. perform such other legal duties and may be necessary in
      accordance with the Debtor's powers and duties under the
      Bankruptcy Code;

LeRoy will be paid at the hourly rate of $350.

Prior to the filing of the bankruptcy case, LeRoy received from the
Debtor the amount of $23,000. LeRoy rendered prepetition services
and billed the Debtor in the amount of $5,067,85, leaving a balance
in LeRoy's Trust Account of $17,932.15.

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

Erik LeRoy, partner of Erik LeRoy, 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.

LeRoy can be reached at:

     Erik LeRoy, Esq.
     ERIK LEROY, P.C.
     500 L St., Sute 302
     Anchorage, AK 99501
     Tel: (907) 277-2006

                   About Northwest Gold, LLC

Northwest Gold LLC, based in Ester, AK, filed a Chapter 11 petition
(Bankr. D. Alaska Case No. 17-00100) on March 21, 2017. Erik LeRoy,
Esq., at Erik LeRoy, P.C., to serve as bankruptcy counsel.

In its petition, the Debtor estimated $26.02 million in assets and
$12.01 million in liabilities. The petition was signed by Robert
Knappe, Jr., manager.


NOVA TERRA: Taps Ruben Gonzalez Marrero as Legal Counsel
--------------------------------------------------------
Nova Terra, Inc. seeks approval from the U.S. Bankruptcy Court for
the District of Puerto Rico to hire legal counsel.

The Debtor proposes to hire Ruben Gonzalez Marrero & Associates to
give legal advice regarding its duties under the Bankruptcy Code,
and provide other legal services related to its Chapter 11 case.

Ruben Gonzalez Marrero, Esq., will charge an hourly rate of $250
for his services.

Mr. Marrero 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:

     Ruben Gonzalez Marrero, Esq.
     Ruben Gonzalez Marrero & Associates
     Carr. 174, Bloque 21-24,
     Urb. Santa Rosa
     Bayamon, PR 00959
     Tel: (787) 798-8600
     Email: rgmattorney1@hotmail.com
     Email: rgm@microjuris.com

                      About Nova Terra Inc.

Based in Arecibo, Puerto Rico, Nova Terra, Inc. sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D.P.R. Case No.
17-01968) on March 23, 2017.  The case is assigned to Judge Edward
A. Godoy.


NY COMMUNITY BANCORP: Fitch Affirms BB- Preferred Stock Rating
--------------------------------------------------------------
Fitch Ratings has affirmed the ratings for New York Community
Bancorp, Inc. (NYCB) at 'BBB+/F2'. The Rating Outlook remains
Stable.

Fitch reviewed NYCB as part of its U.S. Niche Real Estate Bank Peer
Review, which also includes Astoria Financial Corporation, Inc.
(AF) and Dime Community Bancshares, Inc.

While the business models of the U.S. Niche Real Estate Banks vary,
these banks are generally characterized by their limited deposit
franchises and geographic concentrations when compared to larger
U.S. banks. Fitch views these limitations as ratings constraints
across the peer group. The group is composed of banks with total
assets ranging from approximately $5 billion to approximately $50
billion that lend primarily in the New York City metropolitan
residential real estate market.

KEY RATING DRIVERS

IDRS AND VRS

NYCB's ratings primarily reflect the bank's business model and
solid underwriting, which is driven by rent regulated multi-family
loans in New York City. The business model results in strong asset
quality with low credit losses over many business cycles. Ratings
are further supported by stable earnings during the most recent
financial crisis and other real estate downturns. These strengths
are partially offset by NYCB's concentrated loan portfolio and
relatively higher reliance on wholesale funding.

More recently, NYCB did not successfully execute on its planned
merger with Astoria Financial (AF). This was due in part to delays
with NYCB receiving the required regulatory approvals to complete
the merger before year-end. Although neutral to the ratings, the
merger termination raises questions on NYCB's ability to execute
its strategy to acquire a sizeable institution and grow its market
share within the New York City rent regulated multi-family market.


Fitch continues to view the company's operating fundamentals as
supportive of the current ratings and Outlook. Fitch views NYCB's
business model and resulting asset quality as a primary rating
strength. The company's net charge-offs (NCOs) peaked at 35 basis
points (bps) in 2011 and were zero in 2016. Fitch expects asset
quality to remain strong due to the company's conservative
underwriting practices across its multifamily and commercial real
estate portfolios. Further, NYCB's New York City multifamily loan
portfolio is collateralized predominantly by rent
controlled/regulated properties (88%). These properties are
characterized by very low vacancy rates and predictable cash flows,
resulting in a superior and sustainable asset quality performance.


NYCB's steady earnings performance over time is reflective of the
relatively low credit risk embedded in the bank's asset portfolio.
Although credit costs are expected to remain low, in 2017, Fitch
expects earnings to be pressured by increased spending on
SIFI-related infrastructure and low loan growth as the company
manages its balance sheet below $50 billion. Further, based on the
company's interest rate risk modelling, NYCB is also moderately
liability sensitive. In a +200 bps interest rate rise scenario, net
interest income is estimated to decline by 5.56%. Currently,
earnings measures remain within expectations for the rating level.
Although not expected, should liability sensitivity increase
materially beyond current levels, negative ratings pressure could
build.

Fitch views NYCB's capital position as reasonable relative to the
bank's overall risk profile. Over 2017, Fitch expects risk-based
capital ratios to rise driven by lower than normal loan growth, a
reduction in the common dividend, and the company's $500 million
preferred stock raise in March. NYCB raised preferred capital to
lower its commercial real estate loan concentration and augment its
Tier 1 capital given legacy trust preferred securities no longer
qualify for Tier 1 treatment.

Fitch views NYCB's liquidity profile as a ratings constraint. The
company is relatively more reliant on non-core funding sources,
such as FHLB advances and repurchase agreements, than banks of its
size. NYCB also maintains a lower level of balance sheet liquidity
(cash and securities) than other depositories, which Fitch views as
an overall weakness to the rating.

The Stable Outlook assumes that asset quality will remain strong
and capital levels will remain relatively stable over the near
term. The Outlook also incorporates the expectation that earnings
will be lower in 2017 by up to 10 bps on a ROA basis.

SUPPORT RATING AND SUPPORT RATING FLOOR

NYCB's Support Rating and Support Rating Floor of '5' and 'NF'
reflect Fitch's view that the company is unlikely to procure
extraordinary support should such support be needed.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

Preferred stock is rated five notches lower than NYCB's Viability
Rating (VR) of 'bbb+', in accordance with Fitch's 'Global Bank
Rating Criteria' dated Nov. 25, 2016. The preferred stock rating
includes two notches for loss severity given the securities' deep
subordination in the capital structure, and three notches for
non-performance given that the coupon of the securities is
non-cumulative and fully discretionary.

HOLDING COMPANY

NYCB's IDR and VR are equalized with those of its operating
companies and banks, reflecting its role as the bank holding
company, which is mandated in the U.S. to act as a source of
strength for its bank subsidiaries. Ratings are also equalized
reflecting the very close correlation between holding company and
subsidiary default probabilities.

SUBSIDIARY AND AFFILIATED COMPANY

The IDRs and VRs of NYCB's bank subsidiary benefits from the
cross-guarantee mechanism in the U.S. under FIRREA, and therefore
the IDRs and VRs of New York Community Bank are equalized across
the group.

LONG- AND SHORT-TERM DEPOSIT RATINGS

NYCB's uninsured deposit ratings are rated one notch higher than
the company's IDR and senior unsecured debt because U.S. uninsured
deposits benefit from depositor preference. Fitch believes U.S.
depositor preference gives deposit liabilities superior recovery
prospects in the event of default.

RATING SENSITIVITIES
IDRS AND VRS

Fitch foresees limited upside in NYCB's ratings given the company's
concentrated and limited business model and its relatively weak
liquidity profile.

NYCB's ratings are sensitive to its future strategic direction,
particularly as it relates to M&A. Fitch would evaluate any M&A in
the context of whether it is consistent with NYCB's strategy,
provides NYCB beneficial diversification, or enhances its overall
funding and liquidity profile.

NYCB's ratings are also sensitive to the multifamily market in the
New York City area. Changes in rent regulations in the New York
area would likely be a negative rating driver for the institution
since rent regulations help maintain stable cash flows and
valuations for multifamily properties.

NYCB's ratings would be sensitive to its ability to pass the annual
regulatory CCAR stress tests if and when it becomes subject to this
requirement.

Aggressive capital management would also be viewed negatively.
NYCB's tangible common equity ratio of 7.9% is on the lower end
compared to its rating category. However, given recent reduction in
the common dividend and limited asset growth, Fitch expects modest
improvement in 2017.

SUPPORT RATING AND SUPPORT RATING FLOOR
NYCB's Support Rating and Support Rating Floor are sensitive to
Fitch's assumption around capacity to procure extraordinary support
in case of need.

SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

NYCB's preferred stock rating is sensitive to changes in NYCB's VR,
and would move in tandem with any changes to the VR.

HOLDING COMPANY

Should NYCB begin to exhibit signs of weakness, demonstrate trouble
accessing the capital markets, or have inadequate cash flow
coverage to meet near-term obligations, there is the potential that
Fitch could notch the holding company's IDR and VR below the
ratings of its bank subsidiaries.

SUBSIDIARY AND AFFILIATED COMPANIES

As the IDRs and VRs of the subsidiaries are equalized with those of
NYCB to reflect support from their ultimate parent, they are
sensitive to changes in the parent's propensity to provide support,
which Fitch currently does not expect, or from changes in NYCB's
IDRs.

LONG- AND SHORT-TERM DEPOSIT RATINGS

The ratings of long- and short-term deposits issued by NYCB and its
subsidiaries are primarily sensitive to any change in NYCB's long-
and short-term IDRs.

Fitch has affirmed the following ratings:

New York Community Bancorp, Inc.
-- Long-Term IDR at 'BBB+'; Outlook Stable;
-- Preferred stock at 'BB-';
-- Viability Rating at 'bbb+';
-- Short-Term IDR at 'F2';
-- Support at '5';
-- Support floor at 'NF'.

New York Community Bank
-- Long-Term IDR at 'BBB+'; Outlook Stable;
-- Long-term deposits at 'A-';
-- Viability Rating at 'bbb+';
-- Short-Term IDR at 'F2';
-- Support at '5';
-- Support floor at 'NF';
-- Short-term deposits at 'F2'.

New York Commercial Bank
-- Long-Term IDR at 'BBB+'; Outlook Stable;
-- Long-term deposits at 'A-';
-- Viability rating at 'bbb+'.
-- Short-Term IDR at 'F2';
-- Support at '5';
-- Support floor at 'NF';
-- Short-term deposits at 'F2'.


OCEAN RIG: Reaches Restructuring Support Agreement with Creditors
-----------------------------------------------------------------
Ocean Rig UDW Inc., an international contractor of offshore
deepwater drilling services, on March 28, 2017, disclosed that it
and its subsidiaries Drill Rigs Holdings Inc. ("DRH"), Drillships
Financing Holding Inc. ("DFH") and Drillships Ocean Ventures Inc.
("DOV" and collectively, the "Scheme Companies") have entered into
a Restructuring Support Agreement (the "RSA") with creditors
representing over 72% of Ocean Rig's outstanding consolidated
indebtedness for a financial restructuring (the "Restructuring").
The RSA provides that the Restructuring will be implemented by four
separate but interconnected schemes of arrangement under Cayman
Islands law (the "Company Scheme," the "DRH Scheme," the "DFH
Scheme," the "DOV Scheme" and collectively, the "Schemes").

Pursuant to the terms of the RSA, the Scheme Companies presented
winding up petitions to the Grand Court of the Cayman Islands (the
"Grand Court") on March 24, 2017 and sought the appointment of
joint provisional liquidators (the "JPLs") for the purpose of the
Restructuring.  On March 27, 2017, the Grand Court appointed Simon
Appell and Eleanor Fisher of AlixPartners as the JPLs. By virtue of
the appointment of the JPLs, provisional liquidation proceedings
were commenced in the Cayman Islands (the "Provisional Liquidation
Proceedings") and the Scheme Companies are beneficiaries of a
moratorium in the Cayman Islands.  The JPLs will work together with
the Scheme Companies' directors to implement the Restructuring and
are anticipated to promote the Schemes alongside the directors on
behalf of the Scheme Companies. The Schemes are required to be
approved by the Grand Court.  In addition, on March 27, 2017, the
JPLs (in their capacity as foreign representatives of the Scheme
Companies) commenced cases under Chapter 15 of the U.S. Bankruptcy
Code for each of the Scheme Companies seeking, among other things,
recognition of the Provisional Liquidation Proceedings as foreign
main proceedings.
Restructuring Support Agreement The RSA became effective on March
23, 2017.  It requires the Scheme Companies to apply to the Grand
Court before, or as soon as practicable after, May 8, 2017 for
permission to convene a meeting of creditors to vote on the
Schemes.  Pursuant to the RSA, the Company will not make any
further payments of any kind on or relating to its existing
financial indebtedness.

The Schemes will affect only the financial indebtedness of the
Scheme Companies and their guarantor affiliates.  Operations of the
Scheme Companies will continue to be unaffected and trade
creditors/vendors of the Scheme Companies will continue to be paid
in the ordinary course of business and will not be affected by the
Schemes.  If conditions of the Schemes are satisfied, the Scheme
Companies will be substantially deleveraged through an exchange of
approximately $3.69 billion principal amount of debt for (i) new
equity of the Company (the "New Equity"), (ii) approximately $288
million of cash (the "Cash Consideration"), and (iii) $450 million
of new secured debt (the "New Secured Loans").  More particularly:
(a) In the Company Scheme, the approximately $131 million of claims
outstanding in respect of the Company's senior unsecured notes (the
"SUNs") and those in respect of the Company's guarantees of the
debt facilities of DRH, DFH and DOV (the "Company Guarantees") will
be discharged in exchange for New Equity.  The New Equity will have
a value equal to the asset value of the Company prior to the
restructuring of the debt facilities at DRH, DFH and DOV, and will
be allocated among the holders of the Company Guarantees and the
SUNs pro rata on the basis of the notional amount of the claims of
such holders.

(b) If the DRH Scheme is sanctioned, the approximately $460 million
of claims outstanding in respect of DRH's senior secured notes (the
"SSNs") will be transferred to the Company in exchange for (i) New
Equity and (ii) Cash Consideration.  The Cash Consideration will be
shared pro rata with the DOV Lenders (defined below) and DFH
Lenders (defined below).  The value of the New Equity provided to
the holders of the SSNs will be equal to the asset value of DRH,
less the Cash Consideration received by such holders.  Holders of
SSNs who agree to be bound to the terms of RSA in the manner
specified therein by no later than 5:00 pm (New York time) on April
11, 2017 shall be entitled to a pro rata share (allocated in
accordance with the amount of the SSNs held by each consenting
holder) of an early consent fee of $2.5 million.

(c) In the DOV Scheme and the DFH Scheme, the lenders under DOV's
$1.3 billion credit facility (the "DOV Lenders") and the lenders
under DFH's $1.9 billion credit facility (the "DFH Lenders") will
transfer their loans to the Company in exchange for (i) New Equity,
(ii) the New Secured Loans and (iii) Cash Consideration. The Cash
Consideration will be shared pro rata among the DOV Lenders, the
DFH Lenders and the holders of the SSNs.  However, if the DRH
Scheme is not sanctioned, the Cash Consideration will be
distributed among the holders of the DFH Loans and the DOV Loans
only.  The New Secured Loans will be shared pro rata among the DOV
Lenders and the DFH Lenders.  The value of the New Equity provided
to the DFH Lenders and the DOV Lenders will be equal to the asset
value of DFH and DOV, respectively, less the Cash Consideration and
New Secured Loans received by the DFH Lenders and the DOV Lenders.
DOV Lenders and DFH Lenders who agree to be bound to the terms of
RSA in the manner specified therein by no later than 5:00 pm (New
York time) on April 11, 2017 shall be entitled to a pro rata share
(allocated in accordance with the amount of the loans held under
the DFH and DOV credit facilities by such each consenting DFH
Lender and DOV Lender) of an early consent fee of $30 million.

The Company Scheme, the DOV Scheme and the DFH Scheme are all
inter-conditional, meaning that for any one of those Schemes to
become effective, all three must be sanctioned by the Grand Court.
If all four Schemes are sanctioned and become effective, the
holders of the SUNs and the beneficiaries of the Company Guarantees
will receive approximately 20.9% of the New Equity under the
Company Scheme, the holders of the SSNs will receive approximately
2.9% of the New Equity under the DRH Scheme, the DFH Lenders will
receive approximately 40.2% of the New Equity under the DFH Scheme,
and the DOV Lenders will receive approximately 36% of the New
Equity under the DOV Scheme, in each case subject to dilution in
respect of New Equity of 9.5% to be reserved under a new management
equity plan.  If the Schemes are sanctioned, the existing
shareholders of the Company will be diluted to an insignificant
amount of the post-restructuring equity of the Company.

George Economou, Ocean Rig's Chairman and Chief Executive Officer,
commented: "Ocean Rig, similar to all rig operators, faces a deep
and prolonged industry downturn.  Given these conditions, Ocean Rig
is taking the appropriate steps to allow us to emerge as a much
stronger company that can take advantage of opportunities as they
emerge.  Our entire team at Ocean Rig is wholly committed to the
success of the company and looks forward to our emergence from this
financial restructuring that will ultimately enable us to better
service our customers in the long term."

Court Protection in the Cayman Islands and the United States
As previously noted, on March 27, 2017, the Grand Court appointed
the JPLs for the purpose of the Restructuring.  By virtue of the
Provisional Liquidation Proceedings, the Scheme Companies are
beneficiaries of a moratorium in the Cayman Islands.  Pursuant to
the Order of the Grand Court appointing the JPLs, any creditor of
the Company has liberty to apply to the Grand Court at any time to
vary or discharge the appointment order, on not less than 14 clear
days' notice to the JPLs.

On March 27, 2017, the JPLs commenced Chapter 15 proceedings for
the Scheme Companies under the U.S. Bankruptcy Code in the U.S.
Bankruptcy Court for the Southern District of New York.  Under
these proceedings, the Scheme Companies will seek recognition in
the United States of the Provisional Liquidation Proceedings in the
Cayman Islands as foreign main proceedings under the U.S.
Bankruptcy Code.  Recognition of the Provisional Liquidation
Proceedings as foreign main proceedings will result, inter alia, in
the imposition of a stay of virtually all actions against the
Scheme Companies and their property within the territorial
jurisdiction of the United States for the duration of the Chapter
15 proceedings.  Subsequently, the JPLs will seek an enforcement
order recognizing and giving effect to the Schemes in the United
States if and when the Schemes are sanctioned by the Grand Court.
Recognition of the Schemes and the subsequent enforcement order by
the U.S. Bankruptcy Court will result, inter alia, in a permanent
injunction on creditors taking any actions in the United States
against the Scheme Companies that would be in contravention to the
terms of the Schemes.

Simon Appell, a JPL and foreign representative of the Scheme
Companies said: "The appointment of the JPLs will give the Grand
Court comfort that the affairs of the Scheme Companies will be
subject to the supervision of independent office holders.  Our role
will be to consider the Restructuring and, if appropriate, to
promote the Schemes on behalf of the Scheme Companies and help
ensure that all creditors are treated fairly."  He added, "The
Chapter 15 proceedings are also an important step for implementing
a successful restructuring of the Company, as recognition of the
Provisional Liquidation Proceedings as foreign main proceedings in
the United States will stay creditor actions against the Scheme
Companies in the United States.  In addition, an order of the U.S.
Bankruptcy Court giving effect to the Schemes in the United States,
should they be sanctioned by the Grand Court, will ensure that the
Restructuring will be enforceable in the United States."

Additional Information Ocean Rig has retained Prime Clerk LLC as
the Information Agent for the purposes of the Restructuring. Copies
of the RSA and further information on the Ocean Rig group can be
obtained from Prime Clerk LLC:

Email:
oceanrigteam@primeclerk.com

Telephone:
(855) 631-5346 (United States and Canada toll-free)
(917) 460-0913 (international)

Mailing Address:
Ocean Rig Processing
c/o Prime Clerk LLC
830 Third Avenue, 3rd Floor
New York, NY 10022

In the course of negotiating the RSA, the Company and its advisors
made available certain information regarding its business plan and
financial restructuring proposal to its creditors.  The Company has
made a copy of this presentation available on its website at
www.ocean-rig.com under the Investor Relations section.

Contact details for the JPLs are as follows:

Eleanor G. Fisher of AlixPartners (Cayman) Limited

38 Market Street
2nd Floor, Suite 4208
Camana Bay, Grand Cayman
KY1-9006
Cayman Islands
Email: EFisher@alixpartners.ky

Simon Appell, of AlixPartners Services UK LLP

6 New Street Square
London EC4A 3BF
United Kingdom
Email: Sappell@alixpartners.com

                    About Ocean Rig UDW Inc.

Ocean Rig. (NASDAQ: ORIG)  -- http://www.ocean-rig.com-- is an
international offshore drilling contractor providing oilfield
services for offshore oil and gas exploration, development and
production drilling, and specializing in the ultra-deepwater and
harsh-environment segment of the offshore drilling industry.  Ocean
Rig's common stock is listed on the NASDAQ Global Select Market
where it trades under the symbol "ORIG."

                         *     *     *

As reported by the Troubled Company Reporter on Feb. 23, 2016,
Standard & Poor's Ratings Services lowered its long-term corporate
credit rating on Marshall Islands-incorporated drilling company
Ocean Rig UDW Inc. to 'CCC+' from 'B-'.  S&P also placed the rating
on CreditWatch with negative implications.  The downgrade reflects
S&P's view that Ocean Rig's capital structure is unsustainable in
the long term and that its liquidity is currently less than
adequate.  S&P believes that customers' recent cancellations of rig
contracts are a reflection of the rapid decline in oil prices and
oil companies' consequent very high focus on reducing costs and
capital expenditure (capex).


OMNICOMM SYSTEMS: Posts $102K Net Income for 2016
-------------------------------------------------
OmniComm Systems, Inc., filed with the U.S. Securities and Exchange
Commission its annual report on Form 10-K disclosing net income of
$101,880 on $25.41 million of total revenues for the year ended
Dec. 31, 2016, compared with net income of $2.58 million on $20.71
million of total revenues for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Omnicomm had $8.13 million in total assets,
$29.25 million in total liabilities, and a total shareholders'
deficit of $21.12 million.

The Company's top five customers accounted for approximately 37% of
its revenues for the year ended Dec. 31, 2016, and approximately
34% of its revenues for the year ended Dec. 31, 2015.  One customer
accounted for 16% of the Company's revenues for the year ended Dec.
31, 2016, or approximately $4,167,000.  One customer accounted for
16% of its revenues for the year ended December 31, 2015, or
approximately $3,237,000.  These customers can terminate its
services at any time.  

"The loss of any of our major customers could have a material
adverse effect on our results of operations or financial condition.
We may not be able to maintain our customer relationships, and our
customers may not renew their agreements with us, which could
adversely affect our results of operations or financial condition.
A significant change in the liquidity or financial position of any
of these customers could also have a material adverse effect on the
collectability of our accounts receivables, our liquidity and our
future operating results," the Company said in the report.

The Company has historically experienced negative cash flows and
have relied on the proceeds from the sale of debt and equity
securities to fund its operations.  In addition, the Company has
utilized stock-based compensation as a means of paying for
consulting and salary related expenses.  At Dec. 31, 2016, the
Company had working capital deficit of approximately $9,336,792.

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

                    https://is.gd/lP8m30

                   About OmniComm Systems

Ft. Lauderdale, Fla.-based OmniComm Systems, Inc. --
http://www.omnicomm.com/-- is a healthcare technology company that
provides Web-based electronic data capture ("EDC") solutions and
related value-added services to pharmaceutical and biotech
companies, clinical research organizations, and other clinical
trial sponsors principally located in the United States and Europe.


OPEXA THERAPEUTICS: Incurs $7.98 Million Net Loss in 2016
---------------------------------------------------------
Opexa Therapeutics, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$7.98 million on $2.90 million of option revenue for the year ended
Dec. 31, 2016, compared to a net loss of $12.01 million on $2.55
million of option revenue for the year ended Dec. 31, 2015.

"During 2016, the focus of our efforts was on conducting and
completing the Abili-T study, the Phase 2b clinical trial in
patients with Secondary Progressive Multiple Sclerosis (SPMS) using
Opexa's T-cell immunotherapy, Tcelna," said Neil K. Warma,
president and chief executive officer of Opexa.  "We reported the
top-line results of this study in Q4 2016 and were disappointed by
the outcome, which showed that the trial did not meet the
predefined endpoints.  We were pleased to have signed an agreement
with KBI Biopharma in February 2017, whereby Opexa assigned its
facility lease and a related lease on a major piece of equipment to
KBI.  KBI also paid Opexa a lump sum for Opexa's manufacturing and
laboratory equipment.  In addition to providing us some cash, it
also eliminated key liabilities for Opexa.  We are focused on cash
preservation as we evaluate our strategic opportunities and have
conducted two reductions in head count over the past several
months."

As of Dec. 31, 2016, Opexa had $3.86 million in total assets, $1.16
million in total liabilities and $2.70 million in total
stockholders' equity.

Malonebailey, LLP -- www.malonebailey.com -- in Houston, Texas,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2016, citing that

the Company has incurred recurring losses, negative operating cash
flows and an accumulated deficit that raise substantial doubt about
its ability to continue as a going concern.

Corporate Activities

   * On Oct. 28, 2016, Opexa announced that the Phase 2b Abili-T
     clinical trial designed to evaluate the efficacy and safety
     of Tcelna (imilecleucel-T) in patients with SPMS did not meet
     its primary endpoint of reduction in brain volume change
    (atrophy), nor did it meet the secondary endpoint of reduction
     of the rate of sustained disease progression.  Tcelna did
     show a favorable safety and tolerability profile.  Further
     details regarding the Abili-T trial results can be found in
     Opexa's 2016 Annual Report on Form 10-K, filed with the
     Securities and Exchange Commission.

   * The Company is conducting a review of its other research and
     development programs, including its preclinical program for  

     OPX-212 for the treatment of neuromyelitis optica (NMO), to
     assess the viability of continuing to pursue one or more of
     these programs.  The Company is also exploring its strategic
     alternatives.

   * On Feb. 1, 2017, Opexa entered into an assignment and
     assumption of lease with KBI Biopharma, Inc. for Opexa's  
     10,200 square foot corporate headquarters facility located in
     The Woodlands, Texas, and a related assignment of a lease on
     a major piece of equipment.  Opexa also sold certain
     furniture, fixtures and equipment, as well as its laboratory
     supplies, located at its corporate headquarters to KBI for a
     lump sum cash consideration.

   * On Nov. 2, 2016, Opexa announced a reduction in workforce of
     40% of the Company's then 20 full-time employees while the
     Company evaluated its programs and various strategic
     alternatives.  The Company incurred incremental aggregate
     cash charges of approximately $95,000 associated with this
     workforce reduction.  Additionally, on Jan. 31, 2017, Opexa
     further reduced its workforce by terminating the employment
     of seven full-time employees, incurring additional costs of
     approximately $219,000 associated with this workforce
     reduction.

Financial Results for the Year Ended Dec. 31, 2016

   * Cash position: Cash and cash equivalents were $3,444,952 as
     of Dec. 31, 2016, compared to $12,583,764 as of Dec. 31,
     2015.

   * R & D Expense: Research and development expenses were
     $6,497,531 for the year ended Dec. 31, 2016, compared to
     $10,039,496 for the year ended Dec. 31, 2015.  The decrease
     in expenses was primarily due to decreases in the need for
     supplies used both in research and clinical trial product
     manufacturing operations and decreased clinical investigator
     costs associated with a decreased number of patients in the
     Abili-T clinical study. Also, contributing to this decrease
     was the reduction in staff compensation expenses due to the
     reductions-in-force implemented during 2016.  Offsetting
     these decreases in research and development expense was an
     increase in the stability testing of the Company's custom
     reagent during 2016.  The Company's expense research and
     development costs as incurred.  Property and equipment for
     research and development that has an alternative future use
     is capitalized and the related depreciation is expensed.

   * G & A Expense: The Company's general and administrative
     expenses were $3,122,337 for the year ended Dec. 31, 2016,
     compared to $4,258,147 for the year ended Dec. 31, 2015.  The
     decrease is mainly due to a reduction in professional service
     fees, corporate governance expenses and a decrease in staff
     compensation due to the 2016 workforce reductions.  Further
     reducing its general and administrative expense is the
     decrease in its option expense, driven by the factors used to
     evaluate the Black Scholes pricing model.  These decreases
     were partially offset by an increase in directors' fees and
     the valuation of their stock-based compensation.

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

                     https://is.gd/mm1CdJ

                          About Opexa

Opexa Therapeutics, Inc. is a biopharmaceutical company developing
a personalized immunotherapy with the potential to treat major
illnesses, including multiple sclerosis (MS) as well as other
autoimmune diseases such as neuromyelitis optica (NMO).  These
therapies are based on its proprietary T-cell technology.  The
Company's mission is to lead the field of Precision Immunotherapy
by aligning the interests of patients, employees and shareholders.


OVERTON & OGBURN: Needs Approval to Continue Cash Collateral Use
----------------------------------------------------------------
Overton & Ogburn Associates, Inc., seeks authorization from the
U.S. Bankruptcy Court for the District of Maryland to use the cash
collateral of JTS Capital 2 LLC through July 31, 2017.

The Debtor's current sole source of income is the rents it collects
from the tenants of the Commercial Property, known as 909 Baltimore
Boulevard, Westminster, Maryland 21157.

The Debtor has guaranteed two commercial loans made by OBA Bank to
related parties of the Debtor.  Prior to the Petition Date, both
loans were acquired by First National Bank of Pennsylvania, as
successors to OBA Bank.

As of the Petition Date, the aggregate indebtedness outstanding and
owed by the Debtor pursuant to the First Note is $1,518,521 and
$743,161 pursuant to the Second Note.  The indebtedness is secured
by all of the Debtor's assets.

The Debtor relates that on April 6, 2016, the Court approved a
Consent Order with First National Bank approving the Debtor's use
of cash collateral through July 31, 2016. Subsequently, the
Debtor's use of cash collateral has been extended through Oct. 31,
2016.  The Debtor further relates that in late September 2016, the
Debtor has been notified that JTS Capital has acquired the First
National Bank's notes.

Consequently, the Debtor has been unable to negotiate a further
extension of the cash collateral order, although representatives
from JTS Capital have indicated that they have no objection to the
Debtor continuing to use the rents from the Commercial Property to
make the note payments and pay U.S. Trustee quarterly fees.

As such, the Debtor believes that it needs authorization from the
Court to continue to use cash collateral despite the acquiescence
of JTS Capital to allow the Debtor to continue to use cash
collateral in the same manner as previously approved by the Court.
As adequate protection for JTS Capital, the Debtor proposes to
grant JTS Capital the identical adequate protection terms
previously approved by First National Bank.

A full-text copy of the Debtor's Motion, dated March 22, 2017, is
available at https://is.gd/5Klp7k

JTS Capital Servicing LLC/JTS Capital 2 LLC can be reached
through:

          c/o David Porter, VP
          PO Box 21505
          Waco, TX 76702

               About Overton & Ogburn Associates

Overton & Ogburn Associates, Inc., is a Maryland Corporation formed
in 1976 with its principal office at 4626 Annapolis Road,
Bladensburg, Maryland 20781.  It is owned by John A. Overton.  It
is licensed to handle construction projects in the Commonwealth of
Virginia and also owns a parcel of real property, commonly known as
909 Baltimore Boulevard, Westminster, Carroll County, Maryland
21157, improved by an office building.

Overton & Ogburn Associates filed a Chapter 11 petition (Bankr. D.
Md. Case No. 16-14029) on March 29, 2016.  The petition was signed
by John Overton Jr., president.  The case is assigned to Judge
David E. Rice.  At the time of filing, the Debtor had both assets
and liabilities estimated at $1 million to $10 million.

The Debtor engaged Alan M. Grochal, Esq. at Tydings & Rosenberg,
LLP, as counsel.  The Debtor has retained Lee & Associates
Chesapeake Region, LLC as Sales and Leasing Agent.


PARKER DEVELOPMENT: Consent Order on Cash Use Entered
-----------------------------------------------------
Judge Stephen C. St. John of the U.S. Bankruptcy Court for the
Eastern District of Virginia signed a consent order authorizing
Parker Development, LLC, to use the cash collateral of SummitBridge
National Investments III LLC until April 18, 2017.

Branch Banking and Trust Company made a loan to the Debtor, secured
by a first-priority duly perfected lien and security interest in,
to and against certain real property located at 1130 Tabb Street,
850 Tidewater Drive and 852 Tidewater Drive, Norfolk, VA and other
assets of the Debtor.  Subsequently, BB&T assigned and transferred
all supporting Loan Documents to SummitBridge.  As of the Petition
Date, the aggregate amount due and owing to SummitBridge was
approximately $1,345,439.

The Debtor acknowledged that SummitBridge holds a valid,
enforceable and properly perfected first-priority lien and security
interest in the Debtor's real property, the leases, the rents and
all products and proceeds thereof.

SummitBridge consented to the Debtor's use of cash collateral,
subject to these terms and conditions:

     (a) the Debtor will deliver to SummitBridge National
Investments:

           (i) variance report reflecting, on a line-item basis,
the actual cash receipts and disbursements for the preceding month;
  

          (ii) copies of the Debtor's current accounts receivable
and accounts payable agings;

         (iii) spreadsheet documenting the composition and source
of all funds transferred to and deposited into the DIP Account;
and

          (iv) written report setting forth the Debtor's actual
revenues, detailed expenses, and profit or loss during the previous
month, with a comparison of such numbers to the Debtor's projected
numbers as set forth in the Budget.

     (b) the Debtor will make all payments to the Internal Revenue
Service, the Commonwealth of Virginia and all other taxing
authorities with respect to all forms of taxes that come due after
the Petition Date; and

     (c) the Debtor will maintain fire, casualty and other hazard
insurance with respect to the Property and its improvements, and
name SummitBridge as a sole loss payee, mortgagee or additional
insured under each such policy.

The Debtor is authorized to use cash collateral solely to ongoing
expenses of the Property, as set forth in the Budget, as well as to
pay for adequate insurance for the Property and for any real estate
taxes owed against the Property. The Debtor was allowed to use cash
collateral not exceeding $100 for any one purpose or in a total
cumulative amount of $1,000 for a mount.  Amounts in excess of this
will require the consent of SummitBridge.

In addition, SummitBridge is granted a valid, choate, perfected,
enforceable and non-avoidable first-priority security interests and
liens in, to and against all present and future rents, proceeds,
receipts, accounts, accounts receivable, products and profits
arising from or as a result of the Property or any other
pre-petition collateral.

The Debtor's authorization to use cash collateral will terminate
upon the earlier of:

     (a) April 18, 2017;

     (b) the entry by the Court of an Order denying the Debtor's
authorization to use cash collateral; or

     (c) upon the occurrence of an Event of Default.

A full-text copy of the Consent Order, dated March 20, 2017, is
available at https://is.gd/yu1SJU

SummitBridge National Investments III LLC is represented by:

          Robert M. Marino, Esq.
          Redmon Peyton & Braswell, LLP
          510 King Street, Suite 301
          Alexandria, VA 22314
          Phone: (703) 684-2000
          Fax: (703) 694-5109
          E-mail: rmmarino@rbp-law.com

                 About Parker Development

Parker Development, LLC, also known as Parker Development I, LLC,
is a Virginia limited liability company that owns and operates
certain commercial real estate in the City of Norfolk, Virginia.

Parker Development filed a Chapter 11 petition (Bankr. E.D. Va.
Case No. 16-73359) on Sept. 28, 2016.  The petition was signed by
George G. Parker, president.  Judge Stephen C. St. John presides
over the case.  Greer W. McCreedy, II, Esq., at The McCreedy Law
Group, PLLC, serves as bankruptcy counsel.  At the time of filing,
the Debtor estimated assets and liabilities at $1 million to $10
million.


PEABODY CORP: Management Team to Meet with Investors, Analysts
--------------------------------------------------------------
Peabody Energy Corporation disclosed in a regulatory filing with
the Securities and Exchange Commission that beginning on March 22,
2017, and in connection with the anticipated effectiveness of the
Debtors' Second Amended Joint Plan of Reorganization, certain
members of the Company's senior management team will meet from time
to time with analysts and investors.

A copy of the materials used in connection with these meetings is
available at https://is.gd/8WOza5

As reported by the Troubled Company Reporter, the United States
Bankruptcy Court for the Eastern District of Missouri on March 17,
2017, entered an order confirming Peabody's Second Amended Plan.  

On December 22, 2016, the Debtors filed with the Bankruptcy Court a
Joint Plan of Reorganization under Chapter 11 of the Bankruptcy
Code and a related Disclosure Statement.  On January 25, 2017, the
Debtors filed with the Bankruptcy Court the First Amended Joint
Plan of Reorganization and the First Amended Disclosure Statement.
On January 27, the Debtors filed with the Bankruptcy Court the
Second Amended Joint Plan of Reorganization and the Second Amended
Disclosure Statement to address certain modifications resulting
from a hearing before the Bankruptcy Court on January 26.
Thereafter, on January 27, the Bankruptcy Court issued an order
approving the Disclosure Statement. In addition, on March 6 and 15,
the Debtors filed supplements to the Plan with the Bankruptcy
Court.  On March 16, the Bankruptcy Court confirmed the Plan
through a bench ruling.

Under the Amended Plan, General Unsecured Claims:

     -- against Peabody Energy will receive a pro rata share of $5
million in cash plus an amount of additional cash (up to $2
million) not otherwise paid to holders of Convenience Claims.

     -- against the Encumbered Guarantor Debtors will receive (1)
Reorganized Peabody Common Stock and subscription rights in the
Rights Offering or (2) at the election of the claim holder, cash
from a pool of $75 million in cash to be paid by the Debtors and
the Reorganized Debtors into a segregated account in accordance
with the terms set forth in the Plan.  "Encumbered Guarantor
Debtors" means all Debtors entities (other than Peabody Energy and
Gib 1 and the Gold Field Debtors (each as defined below)) that
serve as guarantors under the Company's first lien credit
agreement, second lien notes and unsecured senior notes and are
subject to liens under the first lien credit agreement and the
second lien notes.

     -- against the Gold Fields Debtors will receive Units in the
Gold Fields Liquidating Trust. "Gold Fields Debtors" means five
legacy Debtor entities that have no current operations and that
had
been conducting environmental clean-up and performing remediation
obligations related to non-coal mining activities.

     -- against Peabody Holdings (Gibraltar) Limited ("Gib 1")
will
have no recoveries.

     -- against the Unencumbered Debtors will receive Cash in the
amount of such holder's allowed claim, less any amounts
attributable to late fees, postpetition interest or penalties.
"Unencumbered Debtors" means the Debtor entities that do not
guaranty, and are not subject to the liens arising under, the
Company's first lien credit agreement or the second lien notes
indenture, nor are they guarantors of the unsecured senior notes.

Holders of First Lien Lender Claims will be paid in full in cash
or
will receive a combination of cash and a replacement secured first
lien term loan.

Holders of Second Lien Notes Claims will receive a combination of
(1) $450 million of cash, first lien debt or new second lien notes
and (2)(a) new common stock, par value $0.01 per share, of
Reorganized Peabody Common Stock and (b) subscription rights in
the
Rights Offering.

                  1974 Pension Plan Settlement

As disclosed in the Disclosure Statement and other filings with the
Securities and Exchange Commission (the “SEC”), on January 25,
2017, the United Mine Workers of America 1975 Pension Plan and
Trust, the Debtors and certain other subsidiaries of the Company
agreed to a settlement of all claims by the 1974 Pension Plan
arising, or related to the period, prior to the effective date of
the Plan.

On March 13, 2017, the Parties executed a final settlement
agreement whereby the 1974 Pension Plan will be entitled to a claim
in Class 7 of $75 million to be paid in cash over several years as
follows: $5 million upon the effective date of the Plan, $10
million paid within 90 days after the Effective Date, $15 million
paid within one year after the last payment and $15 million a year
for the following three years. The non-disparagement clause between
the Parties will remain. In consideration for the Settlement
Agreement, the trustee for the 1974 Pension Plan agreed to support
the Plan.

A copy of the Settlement Agreement is available at
https://is.gd/vWwPlb

On March 16, 2017, the Debtors filed with the Bankruptcy Court a
Stipulation and Agreed Order Approving Settlement among the Gold
Fields Debtors, certain insurance companies and Blue Tee Corp. to
resolve claims arising out of and in connection with certain
Historic Gold Fields Policies and the adversary proceeding
initiated by the insurance carriers. On March 16, 2017, the
Bankruptcy Court entered the First Stipulation.

On March 17, 2017, the Debtors filed with the Bankruptcy Court a
Stipulation and Agreed Order Approving Settlement among the Debtors
and the United States of America, on behalf of multiple different
entities, relating to the Governments' proofs of claim and their
various objections to the Plan.

                           Exit Facility

Pursuant to the Plan and as a condition to its effectiveness, the
Company expects to enter into the Exit Facility as contemplated by
the exit facility commitment letter, dated as of January 11, 2017,
from Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A., Credit
Suisse AG, Credit Suisse Securities (USA) LLC, Macquarie Capital
Funding LLC and Macquarie Capital (USA) Inc. (the "Exit Facility
Commitment Letter"). The Exit Facility Commitment Letter was filed
with the Bankruptcy Court on January 11, 2017 and previously
disclosed on the Company's Current Report on Form 8-K filed with
the Securities and Exchange Commission ("SEC") on January 12, 2017.
The Exit Facility would be entered into on the Effective Date. The
Exit Facility provides for a $950 million senior secured term loan,
matures in 2022 and bears interest at a fluctuating rate of LIBOR
plus 4.50% per annum with a 1.00% LIBOR floor.

                      Securitization Facility

On the Effective Date, the Company expects to extend and amend the
Fifth Amended and Restated Receivables Purchase Agreement, dated as
of March 25, 2016 (as amended), among P&L Receivables Company, LLC,
as the seller, the Company, as the servicer, the sub-servicers
party thereto, the various purchasers and purchaser agents party
thereto and PNC Bank, National Association, as administrator, in
order to, among other things, (i) increase the purchase limit to an
amount not to exceed $250.0 million, (ii) extend the facility
termination date, and (iii) add certain Australian subsidiaries of
the Company as originators.

                         Rights Offering,
                Backstop Commitment Agreement and
                         Private Placement

The Plan contemplates two separate capital raises through the sale
of equity interests in the Reorganized Company. First, the Plan
provides for a $750 million rights offering (the "Rights Offering")
pursuant to which all holders of allowed Second Lien Notes Claims
and specified allowed General Unsecured Claims (including unsecured
notes claims) as of January 27, 2017 received subscription rights
to purchase units consisting of (a) shares of Reorganized Peabody
Common Stock and (b) penny warrants exercisable for 2.5% of the
fully diluted Reorganized Peabody Common Stock on the Effective
Date (after giving effect to the reservation and deemed issuance of
shares of common stock for issuance upon the conversion of the
Series A Convertible Preferred Stock, but subject to dilution by
the shares of common stock to be issued pursuant to the LTIP and
any post-Effective Date issuance of capital stock). The purchase
price for the units in the Rights Offering will be 55% of the Plan
Equity Value (as defined in the Plan) of the shares of Reorganized
Peabody Common Stock that are to be issued in connection with the
exercise of the subscription rights in the Rights Offering.
Pursuant to the backstop commitment agreement, dated as of December
22, 2016 (as amended, the "Backstop Commitment Agreement"), among
the Company and the other parties thereto (collectively, the
"Backstop Parties") previously disclosed on the Company's Current
Report on Form 8-K filed with the SEC on December 23, 2016, the
Backstop Parties have agreed to backstop 100% of the Rights
Offering on the terms set forth in the Backstop Commitment
Agreement.  Second, the Plan contemplates raising an additional
$750 million through the sale of shares of a series of new
mandatory convertible preferred stock of the Reorganized Company
(the "Series A Convertible Preferred Stock") in a private offering
(the "Private Placement").

Pursuant to the private placement agreement, dated as of December
22, 2016 (as amended, the "Private Placement Agreement"), among the
Company and the other parties thereto (collectively, the "Private
Placement Parties") previously disclosed on the Company's Current
Report on Form 8-K filed with the SEC on December 23, 2016, the
Private Placement Parties have agreed to purchase the Series A
Convertible Preferred Stock at a purchase price equal to the Plan
Equity Value per share of Reorganized Peabody Common Stock. Each
share of Series A Convertible Preferred Stock will be convertible
into shares of Reorganized Peabody Common Stock at a conversion
ratio reflecting a 35% discount to the Plan Equity Value per share
of Reorganized Peabody Common Stock, which ratio will be subject to
adjustment as set forth in the certificate of designation for the
Series A Convertible Preferred Stock. The aggregate purchase price
for the shares of Series A Convertible Preferred Stock to be issued
and sold in the Private Placement is $750 million. The Series A
Convertible Preferred Stock will have a dividend rate of 8.5% per
annum, payable semi-annually in kind as a dividend of additional
shares of Series A Convertible Preferred Stock and will have a
liquidation preference, optional and mandatory conversion
provisions, anti-dilution protection, voting rights and certain
other terms and conditions as set forth in the certificate of
designation for the Series A Convertible Preferred Stock.

                     Long Term Incentive Plan

Pursuant to the Plan, the Reorganized Company will adopt a
long-term incentive plan ("LTIP"). The LTIP will provide for a pool
of 10% of the fully diluted equity of the Reorganized Company
(after giving effect to the exercise of the penny warrants and the
conversion of the Series A Convertible Preferred Stock). Of this
amount, 25.8% will be granted to employees and executives in
connection with the Effective Date in the form of restricted stock
or units.

               Equity Securities to be Authorized,
         Issued and Reserved for Issuance After Emergence

As of March 1, 2017, the Company had 18,491,188 shares of common
stock, par value $0.01 per share, issued and outstanding. On the
Effective Date, all outstanding shares of the Company's common
stock will be cancelled and extinguished, and any rights of any
holder in respect thereof will be deemed cancelled, discharged and
of no force or effect. The New Certificate of Incorporation will
authorize the issuance of 450,000,000 shares of Reorganized Peabody
Common Stock and 100,000,000 shares of preferred stock, par value
$0.01 per share, of the Reorganized Company, of which 50,000,000
shares will be designated as Series A Convertible Preferred Stock.

On the Effective Date, the Reorganized Company will issue or
reserve for issuance shares of Reorganized Peabody Common Stock for
distribution in accordance with the Plan. Pursuant to the Plan, on
the Effective Date 71,836,154 shares of Reorganized Peabody Common
Stock and 30,000,000 shares of Series A Convertible Preferred Stock
will be issued. The Reorganized Company will also reserve for
issuance a sufficient number of shares to be issued pursuant to the
exercise of the penny warrants, the payment of dividends on the
Series A Convertible Preferred Stock, the conversion of the Series
A Convertible Preferred Stock and awards granted under the LTIP.

                 Treatment of Executory Contracts
                        or Unexpired Leases

On the Effective Date, pursuant to sections 365 and 1123 of the
Bankruptcy Code, each executory contract and unexpired lease to
which any Debtor is a party shall be deemed automatically rejected
by the Debtors, except for any executory contract or unexpired
lease that (i) has been assumed or rejected pursuant to an order of
the Bankruptcy Court entered before the Effective Date, (ii) is the
subject of a motion to assume or reject pending on the Effective
Date, (iii) is assumed, rejected or otherwise treated pursuant to
Article III of the Plan, or (iv) is listed on Exhibit III.A.1 of
the Plan.

                      Assets and Liabilities

As of January 31, 2017, the total assets and liabilities of Peabody
Energy were approximately $11,763,200,000 and $11,360,200,000,
respectively. This financial information has not been audited or
reviewed by Peabody Energy's independent registered public
accounting firm and may be subject to future reconciliation or
adjustments.

               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: Reports $732 Million Net Loss for 2016
------------------------------------------------------
Peabody Energy Corporation filed with the Securities and Exchange
Commission its Annual Report on Form 10-K for the fiscal year ended
Dec. 31, 2016.

Peabody posted a net loss of $731.9 million for 2016, compared to
net losses of $1.98 billion for 2015 and $777.3 million for 2014.

Total revenues were $4.71 billion for 2016, compared to $5.61
billion for 2015 and $6.79 billion for 2014.

At Dec. 31, 2016, Peabody Energy had total assets of $11.78 billion
against total liabilities of $11.43 billion and total stockholders'
equity of $337.8 million.

The Debtors on March 7, 2017, filed with the Bankruptcy Court a
notice regarding the successful bidder and next highest bidder in
connection with the sale of the Debtors' interest in Dominion
Terminal Associates. The successful bid provides for a purchase
price of $20,450,000, and the next highest bid provides for a
purchase price of $20,000,000.  The "stalking horse" bid previously
approved by the Bankruptcy Court was in the amount of $10,000,000,
plus a breakup fee and expense reimbursement of $350,000.

The Debtors on Jan. 27, 2017, filed with the Bankruptcy Court the
Second Amended Joint Plan of Reorganization.  Also on Jan. 27, the
Bankruptcy Court issued an order approving the Disclosure
Statement.  In addition, on March 6, the Debtors filed with the
Bankruptcy Court a supplement to the Plan.

Subsequently, they solicited votes on the Plan.  On March 9, 2017,
the Debtors filed with the Bankruptcy Court the declaration of Evan
Gershbein, Senior Vice President of Corporate Restructuring
Services at Kurtzman Carson Consultants LLC, with respect to the
tabulation of votes on the Plan.  On March 15, the Debtors filed a
revised version of the Plan.  On March 16, the Bankruptcy Court
held a hearing to determine whether the Plan should be confirmed.
On March 17, the Bankruptcy Court entered an order confirming the
Plan.

According to Peabody, although the Bankruptcy Court has confirmed
the Plan, the Debtors have not yet consummated all of the
transactions that are contemplated by the Plan. Rather, the Debtors
intend to consummate these transactions in the near future, on or
before the Plan Effective Date. As set forth in the Plan, there are
certain conditions precedent to the occurrence of the Plan
Effective Date, which must be satisfied or waived in accordance
with the Plan in order for the Plan to become effective and the
Debtors to emerge from the Chapter 11 Cases. The Debtors anticipate
that each of these conditions will be either satisfied or waived by
early April 2017, which is the target for the Debtors' emergence
from the Chapter 11 Cases. On the Plan Effective Date, the Debtors
will, generally, no longer be governed by the Bankruptcy Court's
oversight.

A copy of the 2016 Annual Report is available at
https://is.gd/yAFD1R

On March 10, 2017, Peabody Energy released its unaudited fourth
quarter and full year 2016 financial results.  A copy of the
financial results available at https://is.gd/Dw3qZ4

                       Management Changes

Peabody Energy announced on March 15 that Charles Meintjes has been
named to the new position of Executive Vice President - Corporate
Services and Chief Commercial Officer. George Schuller Jr. will
succeed Meintjes as Peabody Energy President - Australia. Both
positions will report to President and Chief Executive Officer
Glenn Kellow as part of a six-member executive leadership team.

Meintjes will have executive responsibility for Sales and
Marketing, Corporate Development, Information Technology, Peabody
Business Services, Technical Services, and Coal Generation and
Emissions Technology. He also will have temporary oversight of the
Human Resources areas, which includes global travel, aviation,
security and corporate office services and has been under interim
leadership. The role is effective post-emergence from Chapter 11,
and Meintjes will return to St. Louis to Peabody's global
headquarters.

"Charles is a skilled Peabody leader with extensive mining and
management experience on three continents over multiple decades,"
said Peabody Energy President and Chief Executive Officer Glenn
Kellow.  "This executive role is aimed at unlocking greater
competitiveness through an emphasis on synergies from several
dimensions - commercial, portfolio, technology, technical and
people."

With extensive senior management, operational, continuous
improvement and technology experience, Meintjes joined Peabody in
2007. In addition to serving as President of Australian Operations
and Acting President of the Americas, he has led technical
functions, large re-engineering programs, information technology
system implementations and large industrial construction projects.
Meintjes holds dual Bachelor of Commerce degrees in accounting from
Rand Afrikaans University and the University of South Africa. He is
a Chartered Accountant in South Africa, and completed the advanced
management program at the University of Pennsylvania's Wharton
School of Business.

Schuller will have executive responsibility for Peabody's Australia
operating platform, which includes overseeing the areas of health
and safety, operations, sales and marketing, product delivery and
support functions. Schuller has more than three decades of
experience with Peabody in senior management roles in both surface
and underground operations in the United States and Australia, most
recently serving as Chief Operating Officer for Australia, a
position he held nearly four years. His experience also includes
global roles in Continuous Improvement and Technical Services. The
company does not intend to replace the Australian COO position.
"George is uniquely suited to serve as President of our Australia
business unit given his knowledge of the platform and extensive
expertise in all facets of operations," said Kellow. "I am pleased
to welcome him to this role and look forward to new contributions
from him and the team."

Schuller has a bachelor's degree in Engineering - Mining from West
Virginia University and a Masters of Business Administration from
the University of Charleston.

               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.


PETSMART INC: Bank Debt Trades at 5% Off
----------------------------------------
Participations in a syndicated loan under Petsmart Inc is a
borrower traded in the secondary market at 94.42
cents-on-the-dollar during the week ended Friday, March 24, 2017,
according to data compiled by LSTA/Thomson Reuters MTM Pricing.
This represents a decrease of 2.76 percentage points from the
previous week.  Petsmart Inc pays 300 basis points above LIBOR to
borrow under the $4.426 billion facility. The bank loan matures on
March 10, 2022 and carries Moody's Ba3 rating and Standard & Poor's
BB- 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 24.


PROINOS BREAKFAST: Hires Blanchard as Attorney
----------------------------------------------
Proinos Breakfast Club, Inc., seeks authority from the U.S.
Bankruptcy Court for the Middle District of Florida to employ
Blanchard Law, P.A., as attorney to the Debtor.

Proinos Breakfast requires Blanchard to:

   a. give the Debtor legal advice with respect to its powers and
      duties as the Debtor and Debtor-in-Possession in the
      continued operation of its business and management of its
      property;

   b. prepare, on behalf of the Debtor, necessary applications,
      answers, orders, reports, complaints, and other legal
      papers and appear at hearings thereon; and

   c. perform all other legal services for the Debtor as Debtor-
      in-Possession which may be necessary herein.

Blanchard will be paid at these hourly rates:

     Partners                   $250
     Associates                 $225
     Paralegal                  $70

Blanchard will be paid a retainer in the amount of $2,600,
exclusive of $1,717 filing fee.

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

Jake C. Blanchard, partner of Blanchard Law, 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.

Blanchard can be reached at:

     Jake C. Blanchard, Esq.
     BLANCHARD LAW, P.A.
     1501 Belcher Road Sout, Unit 2B
     Largo, FL 33771
     Tel: (727) 531-7068
     Fax: (727) 535-2086
     E-mail: jake@jakeblanchardlaw.com

                   About Proinos Breakfast Club, Inc.

Proinos Breakfast Club, Inc., operates a family restaurant serving
breakfast and lunch in leased premises at 201 West Bay Drive, Suite
E-5, Largo FL 33770 and has only one location. Proinos is owned and
managed by George Soulellis.

Proinos Breakfast Club filed a Chapter 11 petition (Bankr. M.D.
Fla. Case No. 17-01819), on March 7, 2017. The petition was signed
by George Soulellis, President. The Debtor is represented by Jake
C. Blanchard, Esq., at Blanchard Law, P.A. At the time of filing,
the Debtor had estimated both assets and liabilities to be less
than $50,000.


PUERTO RICO: Bondholder Group Expresses Concerns on Fiscal Plan
---------------------------------------------------------------
On March 27, 2017, creditors and insurers representing
approximately $12 billion of bonds issued by the Commonwealth of
Puerto Rico and its instrumentalities sent a joint letter to
Members of the Federal Oversight Board created by PROMESA.  The
signers of the letter represent thousands of investors in municipal
debt across the United States, many of whom are the very same
investors that will be called upon to lend money to Puerto Rico in
the future.  The letter from these investors outlines specific
concerns and questions the signers have relating to the Fiscal Plan
for Puerto Rico that was certified by the Board on March 13, 2017.


The signers of the letter have again made clear their willingness
to engage the Commonwealth and the Oversight Board in a consensual
process.  Indeed, they have made many previous attempts to do so.

The letter specifically outlines how the Fiscal Plan certified by
the Board violates PROMESA along with its other shortcomings,
including:

The Plan fails to comply with lawful priorities as established by
Puerto Rico's Constitution and required by PROMESA.

The Plan does not differentiate between expenses for essential
services and expenses for non-essential services and, in fact,
prioritizes all non-debt expenses above debt service.

The Plan contains rampant expense growth and assumes that the
Commonwealth will not adhere to its own budget by requesting a $600
million annual "cushion" to pay for non-budgeted expenses.

The Plan contains certain omissions, unexplained numbers and
assumptions including those related to tax collection rates and
macro-economic assumptions.  

The plan undermines investor confidence in Puerto Rico, making it
very unlikely that the Commonwealth will be able to access the
capital markets any time soon.     

The signers of the letter have respectfully asked for the
opportunity to immediately discuss these issues with the Oversight
Board and the Commonwealth, with the expressed goal of advancing
negotiations and achieving a consensual resolution under Title VI
of PROMESA.

                           *     *     *

The Troubled Company Reporter-Latin America reported on June 15,
2016, that the U.S. Supreme Court struck down a Puerto Rico law
that would have let its public utilities restructure their debt
over the objection of creditors leaving it to Congress to help the
island resolve its fiscal crisis.  Siding with bondholders
challenging the law, the court ruled 5-2 that the measure was
barred under federal bankruptcy law.

Puerto Rico is struggling with $72 billion in debt and has argued
that it needs to restructure at least some of it under Chapter 9,
the part of the bankruptcy code for insolvent local governments.
But Puerto Rico is not permitted to do so, because Chapter 9
specifically excludes it.

The federal law, Justice Thomas wrote, "bars Puerto Rico from
enacting its own municipal bankruptcy scheme to restructure the
debt of its insolvent public utilities."  Chief Justice John G.
Roberts Jr. and Justices Anthony M. Kennedy, Stephen G. Breyer and
Elena Kagan joined him.

Consequently, Puerto Rico opted to default on $911 million in
constitutionally guaranteed debt, or roughly half of the $2 billion
in principal and interest that came due July 1, EFE News reported.

The reported further noted that Puerto Rico enacted a debt
moratorium due to liquidity restraints -- a move that coincided
with a new U.S. law signed by President Obama that installs a
financial control board to restructure the island's debt and
provides a retroactive stay on lawsuits by bondholders.

On July 11, 2016, the TCR-LA reported that S&P Global Ratings
downgraded the Commonwealth of Puerto Rico's general obligation
secured debt to 'D' (default) from 'CC' following the
commonwealth's default.

On July 7, 2016, Fitch Ratings has downgraded the Commonwealth of
Puerto Rico's Long-Term Issuer Default Rating (IDR) to 'RD' from
'C' and general obligation (GO) bond rating to 'D' from 'C'
following the payment default on certain GO bonds on July 1, 2016.

The Fiscal Agency and Financial Advisory Authority of Puerto Rico
has selected Dentons US as its legal advisor on all aspects of its
restructuring and revitalization efforts, including development and
implementation of the Fiscal Plan, restructuring and renegotiation
of municipal bond debt, communications with creditors and with the
PROMESA Oversight Board, among others.


RECOM INC: Swift Financial Does Not Consent to Cash Collateral Use
------------------------------------------------------------------
Swift Financial Corporation, d/b/a Swift Capital, asks the U.S.
Bankruptcy Court for the Northern District of Illinois to prohibit
Recom, Inc., from using cash collateral.

Swift Financial also asks the Court to direct the Debtor to
segregate cash collateral and to file a specific accounting of the
sources and amounts of all funds on deposit on the Petition Date,
as well as those amounts received by the Debtor on and after the
Petition Date to the present.  Swift Financial requires a specific
listing of the payees and amounts disbursed by the Debtor during
that period.

Swift Financial has entered into a Future Receivables Sales
Agreement with the Debtor, and pursuant to which Swift Financial
asserts a claim in the amount of $311,733, which is more than 30%
of the aggregate amount of all claims scheduled by the Debtor.

The FRSA defines receivables as any and all payment rights arising
from or occurring as a result of the Debtor's customers' purchases
of goods and/or services.  Swift Financial asserts ownership over
the receivables.  Swift Financial does not consent and never has
consented to the use of its cash collateral, and as such, the
Debtor is not authorized to use any portion of the receivables and
the proceeds thereof.

Swift Financial contends that the Debtor has been in default of its
obligations under the FRSA for months, and has failed and refused
to pay the Purchased Percentage to for months.

Swift Financial believes that the Debtor has continuously converted
property and used cash collateral, for the entire six weeks since
the commencement of its case, without consent and without providing
adequate protection to Swift Financial's rights and interest, and
has been in breach of its representations and warranties contained
in the FRSA.

Swift Financial Corporation is represented by:

          Charles S. Stahl, Jr., Esq.
          Swanson, Martin &Bell, LLP
          2525 Cabot Drive, Suite 204
          Lisle, IL 60532
          Telephone: (630) 799-6990
          Facsimile: (630) 799-6901
          E-mail: cstahl@smbtrials. com

                -- and --

          Troy M. Sphar, Esq.
          Swanson, Martin &Bell, LLP
          330 North Wabash Avenue, Suite 3300
          Chicago, Illinois 60611
          Telephone: (312) 321-9100
          Facsimile: (312) 321-0990
          E-mail: tsphar@smbtrials.com

                       About Recom, Inc.

Recom, Inc., based in Bolingbrook, IL, filed a Chapter 11 petition
(Bankr. N.D. Ill. Case No. 17- 3733) on Feb. 9, 2017.  The petition
was signed by Earl Miller, CEO. The Hon. Donald R Cassling presides
over the case.  The Debtor is represented by David P. Lloyd, Esq.,
at David P. Lloyd, Ltd.  In its petition, the Debtor estimated
$116,716 in assets and $1.02 million in liabilities.


RETAIL DESIGNS: Carter Bank Seeks to Prohibit Cash Collateral Use
-----------------------------------------------------------------
Carter Bank & Trust asks the U.S. Bankruptcy Court for the Middle
District of Florida to prohibit Retail Designs, LLC, from using its
cash collateral.

Carter Bank asserts a properly perfected first priority security
interest in the collateral.  Carter Bank further asserts that as of
the Petition Date, the Debtor is indebted to Carter Bank in the
total principal amount of $49,299,889 plus interest, costs, fees
and expenses.

Carter Bank tells the Court that has never consented to the
Debtor's use of its cash collateral.  In fact, according to the
Bank, the counsel of Carter Bank has transmitted a letter to the
Debtor's counsel advising him of its non-consent and requesting
certain information as a condition in considering consent to use of
cash collateral.  However, the Bank says no substantive response
has been received.

Accordingly, Carter Bank also asks the Court to require the Debtor
to account for all the cash collateral that the Debtor has used and
to segregate all cash collateral currently in Debtor's possession,
custody or control.  In addition, Carter Bank requests the Court to
require the Debtor to immediately provide Carter Bank adequate
protection for all of the cash collateral that the Debtor has
used.

Carter Bank & Trust is represented by:

          Jonathan L. Hauser, Esq.
          TROUTMAN SANDERS LLP
          222 Central Park Avenue, Suite 2000
          Virginia Beach, VA 23462
          Phone: (757) 687-7768
          E-mail: jonathan.hauser@troutmansanders.com

                  - and -

          Luis E. Rivera II, Esq.
          HENDERSON, FRANKLIN, STARNES & HOLT, P.A.
          Post Office Box 280
          Fort Myers, Florida 33902-0280
          Phone: (239) 344-1323
          E-mail: luis.rivera@henlaw.com

                    About Retail Designs

Retail Designs, LLC, operates the Super 8 Motel located at 9020
Fayette Landings Shopping Center, in Oak Hill, West Virginia.

Retail Designs filed a Chapter 11 bankruptcy petition (Bankr. M.D.
Fla. Case No. 17-02044) on March 13, 2017.  The petition was signed
by William A. Abruzzino, Managing Member.  The Debtor is
represented by Michael R. Dal Lago, Esq. at Dal Lago Law.  At the
time of filing, the Debtor had estimated both assets and
liabilities to be less than $50,000.


RL ENTERPRISE: Hires Ballstaedt as Bankruptcy Attorney
------------------------------------------------------
RL Enterprise, LLC, seeks authority from the U.S. Bankruptcy Court
for the District of Nevada to employ The Ballstaedt Law Firm as
attorney to the Debtor.

RL Enterprise requires Ballstaedt to:

   a. institute, prosecute, or defend any contested matters
      arising out of the bankruptcy proceeding in which the
      Debtor may be a party;

   b. assist in the recovery and liquidation of estate assets,
      and to assist in protecting and preserving the same when
      necessary;

   c. assist in determining the priorities and statuses of claims
      and in file objections thereto when necessary;

   d. assist in preparation of a disclosure statement and Chapter
      11 plan of reorganization; and;

   e. advise the Debtor and perform all other legal services for
      the Debtor which may be or become necessary in the
      bankruptcy proceeding.

Ballstaedt will be paid at these hourly rates:

     Attorneys                  $300
     Paralegals                 $150

Ballstaedt will be paid a retainer in the amount of $3,717,
including the filing fee of $1,717.

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

Seth D. Ballstaedt, partner of The Ballstaedt Law Firm, 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.

Ballstaedt can be reached at:

     Seth D. Ballstaedt, Esq.
     THE BALLSTAEDT LAW FIRM
     9555 S. Eastern Ave., Suite 210
     Las Vegas, NV 89123
     Tel: (702) 715-0000
     Fax: (702) 666-8215
     E-mail: help@ballstaedlaw.com

                   About RL Enterprise, LLC

RL Enterprise, LLC, based in Costa Mesa, CA, filed a Chapter 11
petition (Bankr. D. Nev. Case No. 15-11423) on March 18, 2015. The
Hon. August B. Landis presides over the case. Seth D. Ballstaedt,
Esq., at The Ballstaedt Law Firm, to serve as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Roman
Libonao, member.


ROYAL HAWAIIAN: EKS&H LLLP Raises Going Concern Doubt
-----------------------------------------------------
Royal Hawaiian Orchards, L.P., filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K, disclosing a
net loss of $2.00 million on $26.65 million of total revenues for
the fiscal year ended December 31, 2016, compared to a net loss of
$2.19 million on $18.51 million of total revenues for the fiscal
year ended December 31, 2015.

EKS&H LLLP states that the management does not believe that the
Partnership has sufficient working capital to meet its current
obligations and debt service requirements for at least the next
year.  This raises substantial doubt about the Partnership's
ability to continue as a going concern.

The Company's balance sheet at December 31, 2016, showed total
assets of $63.86 million, total liabilities of $26.81 million, and
a total partners' capital of $37.04 million.

A full-text copy of the Company's Form 10-K is available at:
                
                   https://is.gd/GSwjvc

             About Royal Hawaiian Orchards, L.P.

Royal Hawaiian Orchards, L.P., is a producer, marketer and
distributor of macadamia nut-based products.  The Company operates
in two segments: orchards and branded products.  The orchards
segment includes the Company's orchard, farming and processing
operations.  The branded products segment includes the development,
manufacture and sale of branded products and the sale of processed
kernel.



RP BROADCASTING: Court Approves Chapter 11 Trustee Appointment
--------------------------------------------------------------
Judge William T. Thurman of the U.S. Bankruptcy Court for the
District of Utah, in a findings and conclusions, held that the
appointment of a Chapter 11 Trustee for RP Broadcasting Idaho, LLC,
is in the interests of the creditors and the estate.

Judge Thurman also held that:

     (1) the Joint Motion to Appoint a Trustee for the Debtor and
the hearing on the Motion was adequate and appropriate;

     (2) no party-in-interest has filed an objection or response to
the Motion except the Debtor, and the Debtor's objection was
withdrawn pursuant to the Stipulation; and

     (3) the Stipulation resolves the issues raised in the Motion
in a fair, reasonable and equitable manner.

The Court said it will enter a separate order directing the
appointment of a Chapter 11 Trustee for the Debtor.

                 About RP Broadcasting Idaho

RP Broadcasting Idaho, LLC, filed a Chapter 11 petition (Bankr. D.
Utah Case No. 16-28578) on Sept. 28, 2016. The petition was signed
by Richard O. Mecham, president and CEO. The Debtor is represented
by Penrod W. Keith, Esq., at Durham Jones & Pinegar, P.C. The
Debtor estimated assets and liabilities at $1 million to $10
million at the time of the filing.


RXI PHARMACEUTICALS: Copy of Presentation at Cancer Forum
---------------------------------------------------------
RXi Pharmaceuticals Corporation disclosed on March 28, 2017, that
Alexey Eliseev, PhD, RXi's chief business officer, presented at the
5th Annual Cancer BioPartnering & Investment Forum.  The forum
provided a platform to present to and meet with thought leaders
from cancer research institutes, leading pharmaceutical and biotech
companies as well as institutional investors.  This event took
place at the New York Academy of Sciences in New York City, New
York on March 28, 2017.  

    Presentation -- Targeting Immune Checkpoints in Adoptive Cell
    Transfer Using Self-Delivering RNAi (sd-rxRNA) Technology

A copy of the presentation used during the conference is available
for free at https://is.gd/IPXFQ4

                         About RXi

RXi Pharmaceuticals Corporation, a biotechnology company, focuses
on discovering and developing therapies primarily in the areas of
dermatology and ophthalmology.  The company develops therapies
based on siRNA technology and immunotherapy agents.  Its clinical
development programs include RXI-109, a self-delivering RNAi
compound, which is in Phase IIa clinical trial that is used to
prevent or reduce dermal scarring following surgery or trauma, as
well as for the management of hypertrophic scars and keloids; and
Samcyprone, an immunomodulation agent, which is in Phase IIa
clinical trial for the treatment of various disorders, such as
alopecia areata, warts, and cutaneous metastases of melanoma.  The
company's preclinical program includes the development of products
for ocular indications with RXI-109, including retinal and corneal
scarring.  Its discovery stage development programs include a
dermatology franchise for the discovery of collagenase and
tyrosinase targets for its RNAi platform; and ophthalmology
franchise, a program for the discovery of sd-rxRNA compounds for
oncology indications, including retinoblastoma.  The company was
incorporated in 2011 and is headquartered in Marlborough, Mass.

RXi reported a net loss of $10.22 million in 2015 following a net
loss of $8.80 million in 2014.  As of Sept. 30, 2016, RXi
Pharmaceuticals had $4.90 million in total assets, $1.86 million in
total liabilities and $3.03 million in total stockholders' equity.

"The Company has limited cash resources, has reported recurring
losses from operations since inception and has not yet received
revenues from sales of products.  These factors raise substantial
doubt regarding the Company's ability to continue as a going
concern, and the Company's current cash resources may not provide
sufficient capital to fund operations for at least the next twelve
months.  Historically, the Company's primary source of financing
has been through the sale of its securities.  The continuation of
the Company as a going concern depends upon the Company's ability
to raise additional capital through an equity offering, debt
offering or strategic opportunity to fund its operations.  There
can be no assurance that the Company will be successful in
accomplishing these plans in order to continue as a going concern,"
the Company stated in its quarterly report for the period ended
Sept. 30, 2016.


SEANIEMAC INTERNATIONAL: Shane O'Driscoll Quits as Director
-----------------------------------------------------------
Shane O'Driscoll resigned from his position as a director of
Seaniemac International, Ltd. due to personal reasons.

Mr. O'Driscoll did not resign due to any disagreement with the
Company, including any disagreement related to the Company's
operations, practices or policies.  Mr. O'Driscoll's departure is
unrelated in any manner to any past, present or contemplated
accounting or finance issue or to any disagreement over accounting
treatment or policy.

Prior to his resignation, Mr. O'Driscoll appointed Barry M.
Brookstein, the Company's CEO, CFO, and secretary, to the Board of
Directors to fill one of two vacancies on the Board.  Mr.
Brookstein had previously served on the Board of Directors and
resigned in January 2017 with the stated intention of being
reappointed in February 2017.

Mr. Brookstein is excited to resume his position as a director with
the Company.

                      About Seaniemac

Based in Huntington, N.Y., Seaniemac International, Ltd., is
engaged in maintaining a Website for online gambling, including
sports betting and casino gaming in Ireland under the brand name,
Seaniemac.com.  The Company utilizes a third-party white-label
online gaming Web site provider to develop and operate its branded
Website, apollobet.com (apollobet.com), operations, sports book
trading, Website hosting, payment solutions, security and first
line support of gaming related questions.

Seaniemac reported a net loss of $3.73 million for the year ended
Dec. 31, 2015, following a net loss of $2.85 million for the year
ended Dec. 31, 2014.  As of Sept. 30, 2016, Seaniemac had $1.70
million in total assets, $11.96 million in total liabilities, all
current, and a total deficit of $10.25 million.

RBSM LLP, in New York, issued a "going concern" qualification on
the consolidated financial statements for the year ended Dec. 31,
2015, citing that Company has suffered recurring losses from
operations and has an accumulated deficit and working capital
deficit as of Dec. 31, 2015, which raises substantial doubt about
its ability to continue as a going concern.


SNAP INTERACTIVE: Incurs $1.45 Million Net Loss in 2016
-------------------------------------------------------
Snap Interactive, Inc., filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$1.45 million on $20.98 million of total revenue for the year ended
Dec. 31, 2016, compared with a net loss of $265,926 on $20.12
million of total revenue for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, Snap Interactive had $27.52 million in total
assets, $6.68 million in total liabilities, and $20.84 million in
total stockholders' equity.

"We have historically financed our operations through cash
generated from operations.

"Currently, our primary source of liquidity is cash on hand and
cash flows from continuing operations.  As of December 31, 2016, we
had $4,162,596 in cash and cash equivalents, as compared to cash
and cash equivalents of $6,676,557 as of December 31, 2015, and no
long-term debt.  Cash and cash equivalents were reduced primarily
from the repayment of a senior secured convertible note in the
aggregate principal amount of $3,000,000 term note in connection
with the Merger and approximately $1,100,000 of Merger related
costs.

"We are focused on reducing costs and increasing profitability
following the Merger and we believe that our cash balance and our
expected cash flow from operations will be sufficient to meet all
of our financial obligations for the twelve months from the filing
date of this Form 10-K.  It is possible that we would need
additional capital in the future to fund our operations,
particularly growth initiatives, which we expect we would raise
through a combination of equity offerings, debt financings, other
third-party funding and other collaborations and strategic
alliances.  Our future capital requirements will depend on many
factors including our growth rate, headcount, sales and marketing
activities, research and development efforts, and the introduction
of new features, products, acquisitions and continued user
engagement.

"Our primary use of working capital is related to user acquisition
costs, including sales and marketing expense and product
development expense.  Our sales and marketing expenditures are
primarily spent on channels where we can estimate the return on
investment without long-term commitments.  Accordingly, we can
adjust our advertising and marketing expenditures quickly based on
the expected return on investment, which provides flexibility and
enables us to manage our advertising and marketing expense.  In
addition, we allocate significant resources to product development
in order to maintain and create new features and products which
will enable a better user experience and increase interactions.

"We are continuously evaluating and implementing cost reduction
initiatives to manage the expense of our operations.  Our cost
reduction initiatives implemented during 2016 have included the
decision to outsource our data center and physical servers to cloud
web hosting services, headcount reorganization, and vendor
consolidation and subsequent contract renegotiations.  During 2017,
we plan to continue to reduce costs by the consolidation of vendors
(such as office space, payment processing, licensing agreements,
etc.), consolidation of advertising affiliate partners,
consolidation of internal departments (such as customer service)
and incremental offshore product development resources."

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

                    https://is.gd/gEe4Zr

                  About Snap Interactive

Snap Interactive, Inc. -- http://www.snap-interactive.com/--
develops, owns and operates dating applications for social
networking websites and mobile platforms.  The Grade is a
patent-pending mobile dating application catering to high-quality
singles.  SNAP's flagship brand, FirstMet, is a multi-platform
online dating site with a large user database of approximately 30
million users.


SQUARETWO FINANCIAL: Has Interim OK to Obtain $10M DIP Financing
----------------------------------------------------------------
The Hon. James L. Garrity, Jr., of the U.S. Bankruptcy Court for
the Southern District of New York has granted SquareTwo Financial
Services Corporation, et al., interim authorization to obtain from
Cerberus Business Finance, LLC, as collateral agent and
administrative agent of the lenders, secured postpetition financing
of up to $10 million.

A final hearing on the Motion is set for April 13, 2017, at 2:00
p.m. (prevailing Eastern Time).

The Debtors have an immediate need to obtain the DIP Facility and
to continue to use cash collateral to permit the Debtors to, among
other things, continue the orderly operation of their businesses,
preserve their going concern value, make payroll and satisfy other
working capital and general corporate purposes, and pay other
expenses associated with administration of the Chapter 11 cases.
In the absence of the authority of the Court to borrow under the
DIP agreement and use cash collateral, the Debtors' estates would
suffer immediate and irreparable harm.

The DIP Parties and the Prepetition Secured Parties have consented
to the Debtors' proposed use of cash collateral on the terms and
conditions set forth in this interim court order, and consent is
binding on all the DIP Parties and the Prepetition Secured Parties.


The Debtors are authorized to use cash collateral to repay
revolving loans outstanding as of the Petition Date and for other
purposes as may be contemplated hereunder and by the approved
budget.

Until the indefeasible repayment in full in cash of the DIP
obligations, the DIP Parties are granted: (i) DIP liens; and (ii)
superpriority administrative expense claims.

The loans will mature on Sept. 22, 2017.

The DIP Agent, on behalf of itself and the DIP Lenders, and (b)
each of the Prepetition Agents, on behalf of itself and its
respective Prepetition Lenders, will have the right to "credit bid"
the amount of each their respective claims during any sale of all
or any portion of the Debtors' assets.

A copy of the court order, the budget, and the DIP agreement is
available at:

            http://bankrupt.com/misc/nysb17-10659-60.pdf

                    About SquareTwo Financial

SquareTwo Financial Services Corporation, et al.'s primary business
is to acquire, manage, and collect charged-off consumer and
commercial accounts receivable, which are accounts that credit
issuers have charged off as uncollectible, but that remain owed by
the borrower and subject to collection.

The Debtors filed for Chapter 11 bankruptcy protection (Bankr.
S.D.N.Y. Case No. 17-10659) on March 19, 2017.

The Debtors are represented by Matthew A. Feldman, Esq., Paul V.
Shalhoub, Esq., Robin Spigel, Esq., and Debra C. McElligott, Esq.,
at Willkie Farr & Gallagher LLP, in New York.  The Debtors' CCAA
Counsel is D.J. Miller, Esq., Asim Iqbal, Esq., and Mitch Grossell,
Esq., at Thornton Grout Finnigan LLP, in Toronto, Ontario.

The Debtors' Restructuring Advisor is Alixpartners, LLP;
Investment Bankers are Keefe, Bruyette & Woods, Inc., and Miller
Buckfire & Co.

The Debtors' Claims & Noticing Agent is Prime Clerk LLC.

At the time of filing, the Debtors had estimated assets of $100
million to $500 million and estimated debts of $100 million to $500
million.

The petition was signed by J.B. Richardson, Jr., authorized
signatory.


T-REX OIL: Reports $1.1 Million Net Loss for Third Quarter
----------------------------------------------------------
T-Rex Oil, Inc. filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $1.07
million on $300,015 of total revenues for the three months ended
Dec. 31, 2016, compared to a net loss of $1.50 million on $102,612
of total revenues for the three months ended Dec. 31, 2015.

For the nine months ended Dec. 31, 2016, the Company reported a net
loss of $3.12 million on $1.02 million of total revenues compared
to a net loss of $2.99 million on $390,705 of total revenues for
the same period during the prior year.

As of Dec. 31, 2016, T-Rex Oil had $3.17 million in total assets,
$4.01 million in total liabilities and a stockholders' deficit of
$842,385.

During the nine months ended Dec. 31, 2016, the Company as part of
a private placement sold 99,378 shares of its restricted common
stock for $74,613 in cash and 378,510 shares for $567,164 in cash.
During the nine months ended Dec. 31, 2016, the Company issued
175,000 shares or restricted common stock in connection with the
cash exercise of $17,500 and 50,000 shares in connection with the
exercise of an option as payment of debt of $2,000.  Further,
during the nine months ended Dec. 31, 2016, the Company issued
shares and warrants for services valued at $313,437.

On Nov. 3, 2016, the Company in exchange for $300,000 cash issued a
convertible promissory note.  The convertible promissory note has
an interest rate of 12% per annum and a due date of Jan. 31, 2017,
which has been extended to May 1, 2017.

"The Company will need substantial additional capital to support
its proposed future energy operations.  While we recognize revenues
from our oil operations, they are not sufficient to support
operations.  The Company has no committed source for any funds, but
as of December 31, 2016, we have $130,051 in cash.  No
representation is made that any funds will be available when
needed.  In the event funds cannot be raised when needed, we may
not be able to carry out our business plan and we may never achieve
sales sufficient to support our operations.

"Decisions regarding future participation in oil and gas
development or geophysical studies or other activities will be made
on a case-by-case basis.  We may, in any particular case, decide to
participate or decline participation.  If participating, we may pay
our proportionate share of costs to maintain our proportionate
interest through cash flow or debt or equity financing.  If
participation is declined, we may elect to farmout, non-consent,
sell or otherwise negotiate a method of cost sharing in order to
maintain some continuing interest in the prospect."

The Company used cash flows in operations of $1,279,389 during the
nine months ended Dec. 31, 2016, that was adjusted by non-cash
items including: depreciation, depletion, amortization and
accretion of $164,672, equity based compensation of $264,589,
common stock and warrants issued for services of $313,437, issuance
of shares with convertible promissory note of $49,753, gain on
forgiveness of debt of $24,502 and an asset impairment of
$425,000.

The Company used cash flows in investing activities of $268,535
during the nine months ended Dec. 31, 2016, that was primarily
comprised of: additions to oil and gas properties of $268,498 and
additions to other assets of $37.

The Company was provided cash flows from financing activities of
$1,249,771 during the nine months ended Dec. 31, 2016, through
$659,277 from the sale of restricted common stock, the cash
exercise of options and the cash contribution of a director and
shareholder of $200,000 and net proceeds from notes payable of
$390,494.

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

                      https://is.gd/Cp2R1L

                           About T-Rex

T-Rex Oil, Inc., f/k/a Rancher Energy Corp., is an energy company,
focused on the acquisition, exploration, development and production
of oil and natural gas.

T-Rex Oil reported a net loss of $15.70 million for the year ended
March 31, 2016, compared to a net loss of $11.04 million for the
year ended March 31, 2015.

B F Borgers CPA PC, in Denver, Colo., the Company's independent
registered public accounting firm, which audited the Company's
financial statements as of March 31, 2015, and for each of the
years in the two-year period then ended, raised substantial doubt
about the Company's ability to continue as a going concern in a
July 14, 2015 letter to the Company's board of directors and
stockholders.  The letter was filed with the Securities and
Exchange Commission together with the Company's revised Annual
Report on Form 10-K delivered to the Commission in December.

B F Borgers said the Company's significant operating losses raise
substantial doubt about its ability to continue as a going
concern.


THIRTEEN EAST: Cash Collateral Moot as Case Dismissed
-----------------------------------------------------
Judge Christopher J. Panos of the U.S. Bankruptcy Court for the
District of Massachusetts rendered moot Thirteen East Main
Corporation's motion to use of cash collateral as the case has been
dismissed.  Judge Panos also cancelled the hearing scheduled to be
held on April 7, 2017.

               About Thirteen East Main Corp

Thirteen East Main Corporation filed a Chapter 11 bankruptcy
petition (Bankr. D. Mass. Case No. 16-41294) on July 22, 2016.  The
petition was signed by Nathan Till, president. Judge Christopher J.
Panos presides over the case.  The Debtor estimated assets and
liabilities at $100,001 to $500,000 at the time of the filing.  The
Debtor was represented by James P. Ehrhard, Esq., at Ehrhard &
Associates, PC.


TOSHIBA CORP: Owed $1.29B by Nuclear Unit, Sees JPY1.1-Tril. Loss
-----------------------------------------------------------------
Toshiba Group says that its U.S. nuclear unit that recently sought
bankruptcy protection, Westinghouse Electric Company LLC, owes it
$1.287 billion, and it now projects that its annual loss could more
than double to a record JPY1.101 trillion ($9.1 billion).

Westinghouse Electric Company (WEC), WEC's U.S. subsidiaries and
affiliates, and Toshiba Nuclear Energy Holdings (UK) Limited (TNEH
(UK)), a holding company for Westinghouse Group operating companies
outside the U.S. -- WEC Group -- have resolved to and then filed
for a voluntary petition under Chapter 11 under the U.S. Bankruptcy
Code on March 29, 2017, with the U.S. Bankruptcy Court for the
Southern District of New York.

                        Business as Usual

Toshiba said in a statement that WEC Group companies will continue
ordinary business operations, in anticipation of reorganizing their
business lines under Chapter 11.  WEC Group, as debtor in
possession, has received a commitment for Chapter 11 financing in
the amount of US$800 million during the rehabilitation proceeding,
of which Toshiba will provide maximum US$200 million as a backstop
guarantee of WEC Group's Chapter 11 financing.

Toshiba and the WEC Group are working cooperatively with the owners
of the two sites where WEC is constructing nuclear power plants to
develop arrangements for the continuation of construction during an
interim period. Such arrangements would contemplate that the owners
would make payments for construction-related costs while the
parties continue to explore and assess a comprehensive solution
regarding the sites. Toshiba said it is hopeful that the
arrangements can be finalized and presented to the U.S. Bankruptcy
Court promptly. Toshiba will continue to cooperate with parties to
the Chapter 11 rehabilitation process with all sincerity, in order
to ensure smooth proceedings.

For Toshiba, the WEC Group's commencement of Chapter 11 proceedings
means that Toshiba's claims against certain members of the WEC
Group will be subject to the provisions of the United States
Bankruptcy Code, and any recovery by Toshiba on account of such
claims will be subject to the claims reconciliation process and
other applicable provisions of the Bankruptcy Code.  In addition,
as WEC Group will no longer be under the control of Toshiba, WEC
Group will be deconsolidated from Toshiba Group, starting from
FY2016 full year business results.

                          Cost Overruns

As announced on February 14, 2017, in "Provisional Outlook for
FY2016 3Q Business Results and FY2016 Forecast, and Outline of Loss
in Nuclear Power Business and Countermeasures," it became clear
during the Purchase Price Allocation (PPA) process of acquiring
CB&I Stone & Webster, a former subsidiary of Chicago Bridge & Iron,
that WEC would be required to book a US$6.1 billion write down for
cost overruns at two project sites to construct a total of four
nuclear power plants in the U.S.

Since December 2016, WEC and Toshiba have been working to determine
the scale of the possible loss, investigate the causes, and to
implement preventive measures and actions. In considering cash flow
prospects, other circumstances, and in order to maintain WEC's
business value, the Board of Directors of WEC has resolved to file
for Chapter 11 protection as a means to rebuild the company.

In addition, the Board of Directors at TNEH (UK) also resolved to
file for Chapter 11.

TNEH (UK), a holding company for the group of WEC operating
companies outside the U.S., has a complementary relationship with
WEC, and in practical terms management of both companies works
closely together.  

In order to rebuild WEC Group, Toshiba recognizes that it is
essential that WEC Group and its customers, including the power
utility companies, should be provided with appropriate
coordination, under the guidance of the court.  In addition,
Toshiba concluded that the Chapter 11 filings were essential to
rebuild WEC Group, and that the resulting deconsolidation would
help to meet the objective of working to eliminate risk in the
overseas nuclear power business.

             Total Debt Accruing to WEC and TNEH (UK)

US$9.811 billion (as of December 31, 2016) with US$1.287 billion
accruing to Toshiba and Toshiba Group

        WEC and TNEH (UK) Equity and Credit Held by Toshiba

As of the bankruptcy filing date, the WEC and TNEH (UK) equity and
credit held by Toshiba are:

Toshiba Group's equity holding in WEC and TNEH (UK):

      WEC: 417.6 billion yen
      TNEH (UK): 146.2 billion yen

    * The figure for WEC is the equity of WEC's holding company,
      Toshiba Nuclear Energy Holdings (US) (TNEH (US))

As announced on February 17, 2017, in "Notice of Acquisition of IHI
Corporation's Stake in Westinghouse," IHI Corporation exercised a
put option for the shares -- 3% ownership as of February 16, 2017
-- that it holds in WEC's holding company.  If actual acquisition
of the shares is conducted on May 17, 2017, the "Date of Payment
and Closing Date of the Purchase" pursuant to the put option
agreement, Toshiba's equity holding will  change as it will acquire
shares with a value of approximately 18.9 billion yen, and will be
recorded to FY2016 business results.

The purchase price is determined to be calculated by converting
IHI's ownership ($157 million) into Japanese yen at the currency
exchange rate of approx. 120 yen to the US dollar in October 2006.

Furthermore, Kazatomprom, a state-owned company in Kazakhstan, owns
10% of equity in WEC's holding company. Kazatomprom is entitled to
sell this holding to Toshiba under certain conditions, pursuant to
put option agreements, however that can be exercised on or after
October 1, 2017.

WEC and TNEH (UK) credits held by Toshiba Group (as of February
2017): Approx. 175.6 billion yen in total

                    Future Outlook and Impact
                  on Toshiba's Business Results

The rehabilitation proceedings of WEC, WEC's affiliates and TNEH
(UK) will begin immediately with the participation of WEC, TNEH
(UK), creditors and other related parties under the supervision of
the Bankruptcy Court.  With the commencement of the rehabilitation
proceedings, WEC Group will be deconsolidated from Toshiba's FY2016
full year business results.  However, the impact on Toshiba's
FY2016 business results and forecast has yet to be determined.

Toshiba's provisional FY2016 business results forecast, announced
on February 14, 2017, made provision for a 712.5 billion yen
operating loss due to goodwill impairment, and for minus 620.4
billion yen after deduction of non-controlling interests to the net
income and loss, shareholders' equity and net assets as the
outcomes of the purchase of S&W.  In conclusion, the provisional
forecast for net income was minus 390 billion yen, shareholders'
equity was minus 150 billion yen, and net asset was 110 billion
yen.

In addition, these impacts to the FY2016 business results are
expected as a result of commencement of the WEC Group's
rehabilitation proceedings;

     i. Impact from deconsolidation of WEC Group

As WEC Group will be deconsolidated, causes of financial
deterioration, such as goodwill impairment, will be excluded from
figures for non-operating profit and loss in Toshiba's FY2016
business results. Despite the negative impact stemming from
impairment of the total investment in WEC and TNEH (UK), Toshiba
expects to book a positive impact of more than 200 billion yen for
net income.

    ii. Impact from provisions for credits and losses in relation
        to the parent company guarantee and WEC Group

With commencement of WEC Group's rehabilitation proceedings,
Toshiba must reconsider booking provisions for losses in
non-operating income, mainly related to the parent company
guarantee provided to the power utility companies for the U.S.
Nuclear Projects, and for credits related to WEC group. However,
depending on the plan determined during the course of the
rehabilitation proceedings, there is a possibility that the amounts
to be reported may change significantly. In addition, it is
essential to consider Toshiba Group's FY2016 Q4 results in the
calculation. As a result, Toshiba has yet to determine the details
of the impact of the deconsolidation of WEC Group.

In addition to (i), if Toshiba were to make provision for the full
contractual amount of the parent company guarantee (650 billion yen
as of end of February 2017) and also a reserve for possible loan
losses detailed in (ii) above, net income will further deteriorate
by a scale of 620 billion yen. As a result, there is a possibility
that the FY2016 net income loss will be minus 1,010 billion yen,
against the minus 390 billion yen announced on February 14, 2017.

Shareholders' equity basis will see an additional deterioration of
minus 470 billion yen, after incorporating the positive impact of
comprehensive income and minus 620 billion yen deterioration in net
income, against the minus 150 billion yen announced on February 14,
2017.

Consolidated net assets basis will see an additional deterioration
of minus 450 billion yen, after incorporating the positive impact
of non-controlling interests and minus 470 billion yen
deterioration in shareholders' equity, against the 110 billion yen
announced on February 14, 2017.

However, in the course of the rehabilitation proceedings, through
discussions with the power utility companies and other related
parties, Toshiba will seek to minimize the cost effect.
Furthermore, the impact from IHI exercising the put option right
will be incorporated to the consolidated shareholder's equity and
net assets of FY2016 business results (reduction of 35 billion yen
in consolidated shareholder equity,   and 18.9 billion yen in
consolidated net assets), the consideration and the impact of
Kazatomprom exercising its put option rights are not incorporated.

Also, on commencement of the rehabilitation proceedings, when WEC
Group will be classified as a discontinued operation, it is
possible that amounts already recorded in the income statement
prior to commencement of the proceedings and amounts resulting from
the commencement may be recorded as profit and loss from
discontinued operations.

Toshiba will closely monitor the progress of the rehabilitation
proceedings, and disclose information, including impacts on
business results, in a timely manner.

                             WEC Group

WEC Group's business operations in the U.S. are the responsibility
of WEC, and in regions other than the U.S. they are the
responsibility of Westinghouse Electric U.K. Holdings Limited, a
wholly owned subsidiary of TNEH (UK). However, WEC manages
group-wide functions and operation of the Group as a whole.

   (1) Company Name: Westinghouse Electric Company LLC

   (2) Address: 1000 Westinghouse Drive, Cranberry
       Township, PA 16066, USA

   (3) Name of Representative: Jose Emeterio Gutierrez

   (4) Business Outline: Delivers nuclear products and services
       to utilities, including nuclear fuel, service and
       maintenance, instrumentation, control and design of
       nuclear power plants.

   (5) Date of Establishment: January 8, 1886

   (6) Number of Employees: approx. 12,000 employees (as WEC
       Group)

   (7) Major Shareholders and Shareholding Ratios: TNE
       practically owns all the shares.  Toshiba owns 87% of the
       voting rights of TNEH (US).

   (8) Relationship between Toshiba and Westinghouse Electric
       Company LLC:

       * Capital Relationship: As stated above in (7)
       * Personnel Relationship: Concurrent posts of executives   

       * Business Relationship: Part of the overall sales come
         from business with Toshiba Group.  And part of the
         products and/or services are supplied from Toshiba
         Group.

                              TNEH

   (1) Company name: Toshiba Nuclear Energy Holdings (UK) Limited

   (2) Headquarters: Furzeground Way, Stockley Park, Uxbridge,
       Middlesex, UB11 1EZ, United Kingdom

   (3) Name of Representative: Mamoru Hatazawa

   (4) Business Outline: Holding Company of Westinghouse Electric
       U.K. Holdings Limited

   (5) Capital Stock: US$1,400 million

   (6) Date of Establishment: September 8, 2006

   (7) No. of Outstanding Shares: 1,400 stocks

   (8) Major Shareholders and Shareholding Ratios:

       * Toshiba Corporation: 87%
       * National Atomic Company Kazatomprom JSC: 10%
       * IHI Corporation 3%

   (9) Relationship between Toshiba and Toshiba Nuclear Energy
       Holdings (UK) Limited

       * Capital Relationship: As mentioned above in (8)
       * Personnel Relationship: Dispatches two non-executive
         directors
       * Business: No actual businesses relationship

Financial Condition and Operating Performance of WEC Group in the
past three years (unit in million yen):

                              FY2014     FY2015   FY2016
                              ------     ------   ------
      Net Assets (Equity)     428,121   385,935  387,482
      Total Assets            837,439   895,836  813,070
      Net Sales               459,842   441,744  499,385
      Operating Income        ^64,613   16,933   20,346
      EBIT                    ^64,158   18,404   19,140
      Net Income (loss)       ^54,316    9,932   13,023

Furthermore, in respect to the FY2016 business results, despite the
steady growth in fuel and service businesses, WEC Group was
expecting to book a large loss accruing from a US$6.1 billion write
down for cost overruns at U.S. Nuclear Projects.

                           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 Corp'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.

                   About Westinghouse Electric

Headquartered in Cranberry Township, Pennsylvania, Westinghouse
Electric Company LLC -- http://www.westinghousenuclear.com/-- is a
U.S. based nuclear power company founded in 1999 that provides
design work and start-up help for new nuclear power plants and
makes many of the components.  Westinghouse manufactures and
supplies the commercial fuel products needed to run the plants, and
it offers training, engineering, maintenance, and quality
management services.  Almost 50% of nuclear power plants around the
world and about 60% of U.S. plants are based on Westinghouse's
technology.  Westinghouse has 12,000 employees worldwide.

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March
29, 2017, before the Honorable Michael E. Wiles.


TRIANGLE PETROLEUM: Receives NYSE MKT Delisting Notice
------------------------------------------------------
Triangle Petroleum Corporation on March 27, 2017, disclosed that
the Company received a notice from the NYSE MKT LLC (the "NYSE
MKT") that the NYSE MKT has determined to commence proceedings to
delist the common stock of the Company -- ticker symbol TPLM --
from the NYSE MKT.  Trading in the Company's common stock was
suspended at the market opening on March 27, 2017.

The NYSE MKT has indicated that it will begin delisting proceedings
pursuant to Section 1002(c) of the NYSE MKT Company Guide following
the Company's disclosure on March 24, 2017 of the effectiveness of
the Chapter 11 plan of reorganization for Triangle USA Petroleum
Corporation, the Company's former wholly-owned subsidiary.

The Company has a right to a review of the NYSE MKT's delisting
determination; however, the Company does not intend to appeal the
determination.  Therefore, it is expected that the NYSE MKT will
apply to the Securities and Exchange Commission to delist the
Company's common stock upon completion of all applicable procedures
and that the common stock will be delisted from the NYSE MKT upon
the completion of such procedures.

As a result of the delisting notice, the Company's common stock is
expected to begin trading on the OTC Pink marketplace.  The Company
can provide no assurance that its common stock will continue to
trade on this marketplace, whether broker-dealers will continue to
agree to provide public quotes of the Company's common stock on
this marketplace, or whether the trading volume of the Company's
common stock will be sufficient to provide for an efficient trading
market.

            About Triangle USA Petroleum Corporation

Triangle USA Petroleum Corporation is an independent exploration
and production company with a strategic focus on developing the
Bakken Shale and Three Forks formations in the Williston Basin of
North Dakota and Montana.  TUSA is a wholly owned subsidiary of
Triangle Petroleum Corporation (NYSE MKT: TPLM).  Neither TPLM nor
its affiliated company, RockPile Energy Services, LLC, is included
in TUSA's Chapter 11 filing.

Triangle USA Petroleum Corporation and its affiliates filed
voluntary petitions under Chapter 11 of the Bankruptcy Code (Bankr.
D. Del. Lead Case No. 16-11566) on June 29, 2016.  The cases are
pending before Judge Mary F. Walrath.

At the time of the filing, TUSA estimated assets in the range of
$500 million to $1 billion and liabilities of up to $1 billion.

The Debtors have engaged Sarah E. Pierce, Esq., at Skadden, Arps,
Slate, Meagher & Flom LLP as counsel, AP Services, LLC, as
financial advisor, PJT Partners Inc. as investment banker and Prime
Clerk LLC as claims & noticing agent.

Andrew R. Vara, Acting U.S. Trustee, has informed the U.S.
Bankruptcy Court for the District of Delaware that a committee of
unsecured creditors has not been appointed in the Chapter 11 case
of Triangle USA Petroleum Corporation due to insufficient response
to the U.S. Trustee ommunication/contact for service on the
committee.


TRIANGLE USA: Court Approves Severance for Departing Employees
--------------------------------------------------------------
BankruptcyData.com reported that the U.S. Bankruptcy Court issued
an order approving Triangle USA Petroleum's motion to make
severance payments to certain departing employees. As previously
reported, "After a thoughtful and careful review of their
post-emergence business plan and cost-structure requirements, the
Debtors have decided to eliminate two management positions: Interim
Chief Financial Officer ('Interim CFO') and Vice President of
Corporate Development ('VP - Corporate Development'). The functions
associated with these roles will be assumed by other management
employees. Each employee agreed to execute a customary release of
claims against the Debtors; in exchange, the Debtors agreed,
subject to Court approval, to provide severance compensation
consistent with the Severance Program -- that is, one month's base
salary and benefits for each year of service (rounded to the next
highest whole year). The contemplated Severance Payments for these
individuals total approximately $185,000."

           About Triangle USA Petroleum Corporation

Triangle USA Petroleum Corporation is an independent exploration
and production company with a strategic focus on developing the
Bakken Shale and Three Forks formations in the Williston Basin of
North Dakota and Montana.  TUSA is a wholly owned subsidiary of
Triangle Petroleum Corporation (NYSE MKT: TPLM).  Neither TPLM nor

its affiliated company, RockPile Energy Services, LLC, is included

in TUSA's Chapter 11 filing.

Triangle USA Petroleum Corporation and its affiliates filed
voluntary petitions under Chapter 11 of the Bankruptcy Code
(Bankr. D. Del. Lead Case No. 16-11566) on June 29, 2016.  The
cases are pending before Judge Mary F. Walrath.

At the time of the filing, TUSA estimated assets in the range of
$500 million to $1 billion and liabilities of up to $1 billion.

The Debtors have engaged Sarah E. Pierce, Esq., at Skadden, Arps,
Slate, Meagher & Flom LLP as counsel, AP Services, LLC, as
financial advisor, PJT Partners Inc. as investment banker and
Prime Clerk LLC as claims & noticing agent.

Andrew R. Vara, Acting U.S. Trustee, has informed the U.S.
Bankruptcy Court for the District of Delaware that a committee of
unsecured creditors has not been appointed in the Chapter 11 case
of Triangle USA Petroleum Corporation due to insufficient response

to the U.S. Trustee communication/contact for service on the
committee.


USI INC: Moody's Assigns B3 CFR; Outlook Stable
-----------------------------------------------
Moody's Investors Service has assigned a B3 corporate family rating
to USI, Inc. following the announcement of a $4.2 billion leveraged
buyout of the company sponsored by KKR & Co. L.P. and Caisse de
dépôt et placement du Québec along with members of the company's
management team. Moody's has also assigned ratings to the credit
facilities and notes being issued to help fund the buyout (see
rating list below). Total funding for the buyout will include a
$1.8 billion senior secured term loan, $705 million of senior
unsecured notes, equity investments and cash on hand. Proceeds will
be used to purchase equity from current owners, repay existing debt
and pay related fees and expenses. The rating outlook for USI New
is stable.

The sponsors expect to complete the buyout during Q2 2017, pending
regulatory approvals and other customary closing conditions. At
that time, Moody's will withdraw all existing ratings of USI, Inc.
(USI Old) as its credit facilities and notes will be
repaid/terminated.

RATINGS RATIONALE

The ratings of USI New reflect its favorable market position, good
balance of property & casualty and employee benefits business, and
healthy free cash flow. The company seeks a team approach to middle
market brokerage to make its full range of products and services
available to a given client. This approach has helped the company
improve its organic growth to the low single digits and expand its
EBITDA margins over the past few years. Offsetting these strengths
is the substantial increase in financial leverage to help fund the
buyout. The company also faces integration risk from acquisitions
along with potential liabilities from errors and omissions in its
delivery of professional services.

Following the buyout, USI New will have a pro forma debt-to-EBITDA
ratio just above 8x and (EBITDA - capex) interest coverage of about
2x, per Moody's calculations. These metrics include Moody's
adjustments for operating leases and contingent earnout obligations
as well as run-rate EBITDA from completed acquisitions. The rating
agency views such leverage as aggressive for the rating category
and expects the company to reduce it below 8x through EBITDA growth
over the next few quarters.

Factors that could lead to an upgrade of USI New's ratings include:
(i) debt-to-EBITDA ratio below 6x, (ii) (EBITDA - capex) coverage
of interest consistently exceeding 2x, and (iii)
free-cash-flow-to-debt ratio consistently exceeding 5%.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA ratio remaining above 8x, (ii) (EBITDA - capex)
coverage of interest below 1.2x, or (iii) free-cash-flow-to-debt
ratio below 2%.

Moody's has assigned the following ratings and loss given default
(LGD) assessments to USI New:

Corporate family rating B3;

Probability of default rating B3-PD;

$200 million five-year senior secured revolving credit facility B2
(LGD3);

$1,795 million seven-year senior secured term loan B2 (LGD3);

$705 million eight-year senior unsecured notes Caa2 (LGD5).

The rating outlook for USI New is stable.

Once the buyout closes, Moody's will withdraw all ratings of USI
Old as its credit facilities and notes will be repaid/terminated.

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in December 2015.

Based in Valhalla, New York, USI New is a major US insurance
broker, distributing property & casualty insurance and employee
benefits products and services to small and mid-sized businesses
across the country. The company generated revenues of just over $1
billion in 2016.


VANGUARD NATURAL: Wants Plan Outline Hearing Moved to April 13
--------------------------------------------------------------
Vanguard Natural Resources, LLC and its affiliated debtors ask the
U.S. Bankruptcy Court for the Southern District of Texas to
continue to April 13 at 1:30 p.m. (prevailing Central Time), the
hearing to consider approval of the Disclosure Statement relating
to the Debtors' Joint Plan of Reorganization.

The Debtors explain that they continue to be engaged in discussions
to resolve outstanding issues with certain parties in interest.  

The request is without prejudice to the Debtors' right to further
adjourn the Disclosure Statement.

On March 27, 2017, the Debtors filed a Notice extending the
objection deadline to April 3 at 4:00 p.m. (CT).  The Debtors now
agree to extend the deadline to object to the Disclosure Statement
to April 10 at 4:00 p.m. (CT).

              About Vanguard Natural Resources

Vanguard Natural Resources, LLC -- http://www.vnrllc.com/-- is a  

publicly traded limited liability company focused on the
acquisition, production and development of oil and natural gas
properties.  Vanguard's assets consist primarily of producing and
non-producing oil and natural gas reserves located in the Green
River Basin in Wyoming, the Permian Basin in West Texas and New
Mexico, the Gulf Coast Basin in Texas, Louisiana, Mississippi and
Alabama, the Anadarko Basin in Oklahoma and North Texas, the
Piceance Basin in Colorado, the Big Horn Basin in Wyoming and
Montana, the Arkoma Basin in Arkansas and Oklahoma, the Williston
Basin in North Dakota and Montana, the Wind River Basin in
Wyoming,
and the Powder River Basin in Wyoming.

The Debtors listed total assets of $1.54 billion and total debts
of
$2.3 billion as of Feb. 1, 2017.

Paul Hastings LLP is serving as legal counsel and Evercore
Partners
is acting as financial advisor to Vanguard.  Opportune LLP is the
Company's restructuring advisor.  Prime Clerk LLC is serving as
claims and noticing agent.

Judy R. Robbins, the U.S. Trustee for Region 7, on Feb. 14
appointed three creditors to serve on the official committee of
unsecured creditors appointed in the Chapter 11 case of Vanguard
Natural Resources, LLC.

Attorneys for Citibank, N.A, as administrative agent under the
Third Amended and Restated Credit Agreement, dated as of September
30, 2011, are Chris Lopez, Esq., Stephen Karotkin, Esq., and
Joseph H. Smolinsky, Esq., at Weil Gotshal & Manges LLP.


VMF INC: Seeks to Hire Doran & Doran as Legal Counsel
-----------------------------------------------------
VMF, Inc. seeks approval from the U.S. Bankruptcy Court for the
Middle District of Pennsylvania to hire legal counsel in connection
with its Chapter 11 case.

The Debtor proposes to hire Doran & Doran, P.C. to give legal
advice regarding its duties under the Bankruptcy Code, assist in
the preparation of a bankruptcy plan, represent the Debtor in its
dealings with creditors, and provide other legal services.

John Doran, Esq., and Lisa Doran, Esq., the attorneys designated to
represent the Debtor, will charge $300 per hour and $285 per hour.

Ms. Doran disclosed in a court filing that her firm does not
represent any interest adverse to the Debtor or its bankruptcy
estate.

The firm can be reached through:

     John H. Doran, Esq.
     Lisa M. Doran, Esq.
     Doran & Doran, P.C.
     69 Public Square, Suite 700
     Wilkes-Barre, PA 18701

                        About VMF Inc.

VMF, Inc. sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. M.D. Pa. Case No. 17-01128) on March 23, 2017.  The case is
assigned to Judge John J. Thomas.

At the time of the filing, the Debtor estimated assets of less than
$1 million and liabilities of less than $500,000.


WAGES MANOR: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
The Office of the U.S. Trustee on March 28 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Wages Manor, LLC.

Headquartered in Everett, Washington, Wages Manor, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. W.D. Wash. Case No.
17-10684) on Feb. 16, 2017, estimating its assets at between $1
million and $10 million and its liabilities at between $500,000 and
$1 million.  The petition was signed by Thomas Wages, member.
Judge Marc Barreca presides over the case.  Thomas D. Neeleman,
Esq., at Thomas D. Neelman, Esq., L.C., serves as the Debtor's
bankruptcy counsel.


WALTER INVESTMENT: Bank Debt Trades at 14% Off
----------------------------------------------
Participations in a syndicated loan under Walter Investment
Management Corp is a borrower traded in the secondary market at
86.17 cents-on-the-dollar during the week ended Friday, March 24,
2017, according to data compiled by LSTA/Thomson Reuters MTM
Pricing.  This represents a decrease of 2.02 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 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 24.




WEATHERFORD INTERNATIONAL: Dodge & Cox Owns 8.5% of Shares
----------------------------------------------------------
Dodge & Cox disclosed with the Securities and Exchange Commission
that as of Dec. 31, 2016, it beneficially owns 83,371,421 ordinary
shares of Weatherford International public limited company
representing 8.5 percent of the shares outstanding.  A full-text
copy of the Schedule 13G/A is available for free at:

                    https://is.gd/AeNSDz

                     About Weatherford

Ireland-based Weatherford International plc (NYSE: WFT) --
http://www.weatherford.com/-- is one of the largest multinational
oilfield service companies providing innovative solutions,
technology and services to the oil and gas industry.  The Company
operates in over 100 countries and has a network of approximately
1,000 locations, including manufacturing, service, research and
development, and training facilities and employs approximately
31,000 people.  

Weatherford International reported a net loss attributable to the
Company of $3.39 billion on $5.74 billion of total revenues for the
year ended Dec. 31, 2016, compared to a net loss attributable to
the Company of $1.98 billion on $9.43 billion of total revenues for
the year ended Dec. 31, 2015.  As of Dec. 31, 2016, Weatherford had
$12.66 billion in total assets, $10.59 billion in total liabilities
and $2.06 billion in total shareholders' equity.

                         *     *     *

In November 2016, Fitch Ratings has downgraded the ratings for
Weatherford and its subsidiaries, including the companies'
Long-Term Issuer Default Ratings (IDRs) to 'CCC' from 'B+'.

In November 2016, S&P Global Ratings lowered its corporate credit
rating on Weatherford International to 'B+' from 'BB-'.  "The
downgrade reflects our revised free operating cash flow estimates
for Weatherford following weaker-than-anticipated cash inflows in
the third quarter," said S&P Global Ratings credit analyst Carin
Dehne-Kiley.


WESTINGHOUSE ELECTRIC: Balance Sheet as of Feb. 28, 2017
--------------------------------------------------------
                           Westinghouse
                    Condensed Consolidated Balance Sheet
                         As of Feb. 28, 2017
                            (Unaudited)
                         In millions (US$)

     
Assets
Current Assets
Cash and Cash Equivalents                          $106
Accounts Receivable                                 657
Allowance for Doubtful Accounts                      (2)
Inventories, Net                                    295
Costs & Estimated Earnings in Excess of Billings    563
Other Current Assets                                464
                                                 ------
Total Current Assets                             $2,083

Noncurrent Assets
Plant, Property & Equipment - Gross, Net           $617
Goodwill                                            512
Other Intangible Assets, Net                        984
Other Noncurrent Assets                             133
                                                 ------
Total Assets                                     $4,329
                                                 ======

Liabilities
Current Liabilities
Accounts Payable                                   $624
Billings in Excess of Costs & Est. Earnings       1,720
Reserve for Contract Loss                         4,007
Other Current Liabilities                         1,363
                                                 ------
Total Current Liabilities                        $7,714

Noncurrent Liabilities
Reserves for Decommissioning Matters               $128
Benefit Obligations                                 521
Deferred Income Tax Liabilities                     291
Other Noncurrent Liabilities                        737
                                                 ------
Total Liabilities                                $9,391

Equity
Capital Stock                                    $3,677
Retained (Deficit) Earnings                      (8,543)
Accumulated Other Comprehensive Loss               (196)
Noncontrolling Interests                              -
                                                 ------
Total Equity                                    $(5,062)
                                                 ------
Total Liabilities + Shareholder's Equity         $4,329
                                                 ======

                   About Westinghouse Electric

Headquartered in Cranberry Township, Pennsylvania, Westinghouse
Electric Company LLC -- http://www.westinghousenuclear.com/-- is a
U.S. based nuclear power company founded in 1999 that provides
design work and start-up help for new nuclear power plants and
makes many of the components.  Westinghouse manufactures and
supplies the commercial fuel products needed to run the plants, and
it offers training, engineering, maintenance, and quality
management services.  Almost 50% of nuclear power plants around the
world and about 60% of U.S. plants are based on Westinghouse's
technology.  Westinghouse has 12,000 employees worldwide.

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March
29, 2017, before the Honorable Michael E. Wiles.


WESTINGHOUSE ELECTRIC: Goldman Beefs Up DIP Financing Offer
-----------------------------------------------------------
Westinghouse Electric Company LLC on March 29, 2017, sought
bankruptcy protection with a deal for an $800 million of bankruptcy
financing from the credit arm of Apollo Global Management.

Apollo was selected following a competitive bidding that attracted
offers from investment banks, private equity houses and hedge funds
for a debtor-in-possession loan that would provide a lifeline for
Toshiba Corp.'s U.S. nuclear unit.

According to Mark Buschmann, a Partner in the Restructuring and
Special Situations Group at PJT Partners LP and one of the lead
restructuring advisors to Westinghouse, after soliciting offers
from 32 parties, the Debtors invited eight prospective lender
groups to participate in meetings with management, and subsequently
received seven final binding term sheets for consideration.  The
Debtors received "final and best" proposals from each bidder.  

Based on the Debtors' judgment, Apollo's proposal was not only in
line with the most favorable economic terms received by the
Debtors, but also offered the least restrictive covenants and the
most promising prospects for a successful restructuring in the
chapter 11 cases.

According to Mr. Buschmann, unlike most debtor-in-possession
financing facilities, the Apollo DIP Facility does not subject the
Debtors to any milestones related to a sale or plan process,
leaving the Debtors with adequate time and flexibility to develop
and implement a restructuring that is in the best interests of
their estates.  Further, he says that the DIP Term Sheet contains
significantly less restrictive financial covenants than the other
competing proposals did.   Under the terms of the DIP Facility,
there is a minimum liquidity covenant, as well as a variance
covenant test based on a business plan to be developed that does
not go into effect until September 30, 2017.

Mr. Buschmann can be reached at:

        Mark Buschmann
        Partner
        PJT PARTNERS, LP
        280 Park Avenue
        New York, New York 10017

                     Rival Offer From Goldman

A letter sent to Westinghouse on March 29, 2017, a copy of which
was posted on the bankruptcy court docket, by Goldman Sachs, HPS
Investment and Silver Point Finance, provides as follows:

To:
Westinghouse Electric Company, LLC
c/o PJT Partners LP
280 Park Ave., 16th Floor
New York, NY 10017

Attention: Tim Coleman, Mark Buschmann, John Singh, Harold Kim

March 29, 2017

Re: Offer to Provide DIP Financing

Gentlemen:

As you are aware, by letter dated March 24, 2017 Goldman Sachs Bank
USA, HPS Investment Partners, LLC, and Silver Point Finance, LLC
("SP", and together with HPS and Goldman Sachs, the "Commitment
Parties" or "we") offered a commitment to provide an $800 million
DIP facility to Westinghouse Electric Company LLC.

Since we exited the bid process on Sunday evening, it has come to
our attention that Toshiba Corporation is prepared to provide a
backstop guarantee of up to $200 million of the Company's currently
proposed DIP facility.  Subject to our reviewing the terms of such
guarantee commitment, we are prepared to materially reduce the
funded spread on the DIP facility and provide other concessions to
be discussed.  We would also be willing to reimburse the Company's
estates for any additional costs arising from the Company pursuing
our DIP proposal up to an appropriate amount.  In addition to our
improved pricing, we expect to offer otherwise the same terms as
the Company's current DIP proposal, including the Company's budget
proposal raised on Sunday, as soon as we have the opportunity to
review those documents.

Please let us know when you are available to discuss. We believe we
can provide a much more favorable financing than the alternative
currently being considered.

We look forward to your response.


Very truly yours,

GOLDMAN SACHS BANK USA
Thomas H. Tormey

HPS Investment Partners, LLC
Jeffrey Fitts
Managing Director

Silver Point Finance, LLC
Michael Gatto
Principal

                   About Westinghouse Electric

Westinghouse Electric Company LLC --
http://www.westinghousenuclear.com/-- is a U.S. based nuclear
power company founded in 1999 that provides design work and
start-up help for new nuclear power plants and makes many of the
components.  Westinghouse manufactures and supplies the commercial
fuel products needed to run the plants, and it offers training,
engineering, maintenance, and quality management services.  Almost
50% of nuclear power plants around the world and about 60% of U.S.
plants are based on Westinghouse's technology.  Westinghouse's
world headquarters are located in the Pittsburgh suburb of
Cranberry Township, Pennsylvania.  

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March
29, 2017.

In their petition, the Debtors listed total assets of $4.32 billion
and total liabilities of $9.39 billion as of Feb. 28, 2017.  The
petitions were signed by AlixPartners' Lisa J. Donahue, chief
transition and development officer.

The Hon. Michael E. Wiles presides over the cases.  Gary T.
Holtzer, Esq., Robert J. Lemons, Esq., Garrett A. Fail, Esq., and
David N. Griffiths, Esq., at Weil, Gotshal & Manges LLP, serve as
counsel to the Debtors. Toshiba Nuclear Energy Holdings (UK) Ltd.
is represented by Albert Togut, Esq., Brian F. Moore, Esq., and
Kyle J. Ortiz, Esq., at Togut, Segal & Segal LLP.  AlixPartners LLP
serves as the Debtors' financial advisor.  The Debtors' investment
banker is PJT Partners Inc.  Their claims and noticing agent is
Kurtzman Carson Consultants LLC.


WESTINGHOUSE ELECTRIC: Owes $49.7 Million to Employees
------------------------------------------------------
Westinghouse Electric Corporation, along with its subsidiaries,
currently employs approximately 11,500 individuals in 19 countries,
with approximately 9,200 of these employees working in the United
States.

Lisa J. Donahue, a Managing Director and the Leader of the Global
Turnaround and Restructuring Group at AlixPartners LLC, who was
tapped by Westinghouse to act as Chief Transition and Development
Officer, explains, "The Debtors' employees perform a variety of
critical functions for the Debtors, including tasks pertaining to
engineering, construction, product manufacturing, facility and
machine maintenance, testing, decommissioning and decontaminating,
quality assurance, management, purchasing and sales administration,
finance and accounting, human resources, customer service, safety,
security, and other areas crucial to the Debtors' businesses.  The
skill and expertise of the employees are fundamental to the success
of the Debtors' businesses and operations and, as a result,
critical to these chapter 11 cases."

Accordingly, the Debtors have filed a motion seeking interim and
final orders authorizing the Debtors to pay prepetition wages,
salaries, and other compensation and benefits, (ii) maintain
employee benefit programs and pay related administrative
obligations, and (iii) to authorize banks to honor and process
related checks and transfers.

A hearing on the first day motions was scheduled for March 30, 2017
at 11:00 a.m. ET before the Honorable Michael E. Wiles, U.S.
Bankruptcy Judge, U.S. Bankruptcy Court for the Southern District
of New York, One Bowling Green, Room 617, New York.

                      Prepetition Obligations

The various components and approximate amounts of the unpaid
Prepetition Employee Obligations are:

  Category of Prepetition            Amount to Pay   Amount to Pay
   Employee Obligation               Interim Basis    Final Basis
   -------------------               -------------    -----------
Compensation Obligations              $4,500,000       $4,500,000
Payroll Processing  Obligations         $205,000         $205,000
Employee Bonus Obligations              $300,000         $300,000
Reimbursable Expenses                 $3,600,000       $7,200,000
Withholding Obligations                 $750,000         $750,000
Employee Benefit Obligations          $4,520,000       $9,020,000
Temp. Worker Benefit Obligations        $750,000         $750,000
Staffing Agency Fees                 $15,000,000      $27,000,000
                                     -----------      -----------
Total Prepetition
  Employee Obligations:              $29,625,000      $49,725,000

Westinghouse is divided into two sibling chains of corporate
entities:

     (i) a chain of U.S.-domiciled entities that are directly and
indirectly owned by debtor Westinghouse Electric Company LLC
("WEC", and together with its direct and indirect subsidiaries,
"WEC U.S."), a Delaware limited liability company; and

    (ii) a chain of entities in the rest of the world ("WEC EMEA")
that are directly and indirectly owned by Debtor Toshiba Nuclear
Energy Holdings (UK) Limited ("TNEH UK"), a holding company
registered in England and Wales whose only assets in the United
States are funds held in New York, New York.

Westinghouse global operations are divided into five major business
lines—the Nuclear Fuel & Component Manufacturing business ("NFCM"
or the "Nuclear Fuel and Component Manufacturing Business"); the
Operating Plant Business; the Decontamination, Decommissioning,
Remediation & Waste Management business ("DDR" or the
"Decommissioning Business"); the combined WECTEC Services business
(the "Services Business"); and New Plants & Major Projects business
(the "Construction Business", and collectively with the Services
Business, the "New Projects Business" or "NPB").

The Company employs approximately 9,190 Employees, primarily in the
United States (with many employed at the Debtors' global
headquarters in Cranberry Township, Pennsylvania), but with a small
number in Canada, Brazil, Europe, and Asia.  The Debtors' Employees
include approximately (i) 2,265 full-time hourly Employees,
regularly scheduled to work a minimum of 40 hours per week, (ii) 15
part-time hourly Employees, regularly scheduled to work fewer than
40 hours per week, (iii) 6,555 full-time salaried Employees, who
are employed to work a minimum of 40 hours per week, (iv) 355
part-time salaried Employees, who are employed to work fewer than
40 hours per week.

In addition to the Employees, PCI Energy Services LLC ("PCI")
employs approximately 904 temporary workers (the "Temporary
Workers") who work exclusively for the Operating Plant Business.
The Debtors also engage independent contractors through the
Staffing Agencies to work at the Debtors' various plants and
facilities, primarily for the Operating Plant Business.  Although
the number of Independent Contractors at any given time varies
significantly, the Debtors estimate that on average they spend
approximately $15 million each month to engage Independent
Contractors.

Approximately 1,946 Employees work primarily for the Nuclear Fuel
Business, approximately 1,745 Employees work primarily for the
Operating Plant Business, approximately 21 Employees work primarily
for the Decommissioning Business, approximately 469 Employees work
primarily for the Services Business, and approximately 2,311
Employees work primarily for the Construction Business.  In
addition, 1,206 Employees provide central corporate services to all
of the Debtors' business lines, and 1,492 Employees work primarily
in the Debtors' engineering center of excellence.

As of the Petition Date, approximately 713 of the Debtors'
Employees are represented by a union (the "Union Employees").
Approximately 904 of Debtor PCI Energy Services LLC's ("PCI")
Temporary Workers are also members of various national unions.

The Debtors are party to three collective bargaining agreements
(each, a "CBA"): (i) the Association of Westinghouse Salaried
Employees ("AWSE") CBA, (ii) the International Brotherhood of
Boilermakers, Iron Shipbuilders, Blacksmiths, Forgers and Helpers
("NWB") CBA, and (iii) the International Brotherhood of Electrical
Workers ("IBEW") CBA (collectively, the "CBAs," and AWSE, NWB, and
IBEW, collectively, the "Unions").  Approximately 386 of the
Debtors' Salaried employees at the Cranberry Township headquarters
are party to the AWSE CBA, which expires in July 2017.
Approximately 172 of the Debtors' Employees at the Newington,
Connecticut component manufacturing facility are party to the NWB
CBA, which expires in April 2017. Approximately 155 of the Debtors'
Employees are party to the IBEW CBA, which expires in July 2017.

                    $49.7M to Employees

According to Ms. Donahue, the Employees, Temporary Workers, and
Independent Contractors perform a variety of critical functions for
the Debtors, including tasks pertaining to engineering,
construction, product manufacturing, facility and machine
maintenance, testing, decommissioning and decontaminating, quality
assurance, management, purchasing and sales administration, finance
and accounting, human resources, customer service, safety,
security, and other areas crucial to the Debtors' businesses.  Due
to the highly technical and specialized nature of the nuclear power
industry, the skill and expertise of the Employees, Temporary
Workers, and Independent Contractors are fundamental to the success
of the Debtors' businesses and operations and, as a result,
critical to the chapter 11 cases.  Further, there is a limited
supply of workers with the specialization, training, certificates,
and licenses that the Debtors require of their Employees.  For
these reasons, the Debtors believe it would be difficult and
expensive -- if not impossible -- to replace Employees who might
quit or seek other employment if prepetition amounts are not paid.
According to the Debtors, a shortage of employees at this critical
time would severely damage the Debtors' ability to meet the needs
of customers to their Core Businesses, maintain the requisite
safety standards, and continue to innovate in a highly competitive
industry, thus jeopardizing the entire reorganization.


                Payroll First 30 Days Postpetition

Pursuant to Local Rule 1007-2(b)(1)-(2)(A) and (C), the following
provides the estimated amount of payroll to the Debtors' employees
(not including officers, directors and stockholders) and the
estimated amount to be paid to officers, stockholders, directors,
and financial and business consultants retained by the Debtors for
the 30-day period following the filing of the chapter 11
petitions:

  * Payments to Employees (Not Including Officers, Directors, and
Stockholders): $88.4 million
  * Payments to Officers, Directors, and Stockholders: $0.6
million
  * Payments to Financial and Business Consultants: $0

         Cash Disbursements First 30 Days Postpetition

Pursuant to Local Rule 1007-2(b)(3), the following provides, for
the 30-day period following the filing of the chapter 11 petition,
the estimate cash receipts and disbursements, net cash gain or
loss, and obligations and receivables expected to accrue that
remain unpaid, other than professional fees.

   * Cash Receipts $927,030,000
   * Cash Disbursements $519,310,000
   * Net Cash Gain $407,720,000
   * Unpaid Obligations $52,070,000
   * Uncollected Receivables $24,730,000

                   About Westinghouse Electric

Westinghouse Electric Company LLC --
http://www.westinghousenuclear.com/-- is a U.S. based nuclear
power company founded in 1999 that provides design work and
start-up help for new nuclear power plants and makes many of the
components.  Westinghouse manufactures and supplies the commercial
fuel products needed to run the plants, and it offers training,
engineering, maintenance, and quality management services.  Almost
50% of nuclear power plants around the world and about 60% of U.S.
plants are based on Westinghouse's technology.  Westinghouse's
world headquarters are located in the Pittsburgh suburb of
Cranberry Township, Pennsylvania.  

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March
29, 2017.

In their petition, the Debtors listed total assets of $4.32 billion
and total liabilities of $9.39 billion as of Feb. 28, 2017.  The
petitions were signed by AlixPartners' Lisa J. Donahue, chief
transition and development officer.

The Hon. Michael E. Wiles presides over the cases.  Gary T.
Holtzer, Esq., Robert J. Lemons, Esq., Garrett A. Fail, Esq., and
David N. Griffiths, Esq., at Weil, Gotshal & Manges LLP, serve as
counsel to the Debtors. Toshiba Nuclear Energy Holdings (UK) Ltd.
is represented by Albert Togut, Esq., Brian F. Moore, Esq., and
Kyle J. Ortiz, Esq., at Togut, Segal & Segal LLP.  AlixPartners LLP
serves as the Debtors' financial advisor.  The Debtors' investment
banker is PJT Partners Inc.  Their claims and noticing agent is
Kurtzman Carson Consultants LLC.


WESTINGHOUSE ELECTRIC: Proposes to Pay $87.3M to Critical Vendors
-----------------------------------------------------------------
At the so-called First Day hearing on March 30, 2017, in bankruptcy
court in Manhattan, Westinghouse Electric Company LLC and its
affiliated debtors sought Bankruptcy Court approval to pay claims
of critical vendors in a total amount not to exceed $87.3 million,
including $58.9 million to be paid upon interim approval of the
motion.

The Debtors also sought approval to (i) pay those prepetition
charges to shippers, warehousemen, equipment manufacturers, tool
makers, and other lien claimants in an amount not to exceed $23.5
million, including $16.8 million on an interim basis; and (ii) pay
certain suppliers, service providers, and other entities outside of
the United States in the amount not to exceed $20.1 million,
including $14.7 million on an interim basis;

In identifying the critical vendors, the Debtors and their
professionals reviewed more than 3,000 open accounts and
approximately $485 million in trade payables.  Areas of focus
included: (i) whether interruption would cause environmental
hazards or pose significant risk to the environment; (ii) whether
interruption would pose a threat to health and public safety, or
compromise the Company's customers' ability to provide power to the
electrical grid; (iii) whether the vendor provides goods or
services to the AP1000 projects; (iv) whether a contract exists and
the Debtors could compel performance in time to prevent loss of
value to the Debtors business; and (v) other general criteria
typically used to determine whether a vendor is critical to the
continued operations of a company.

Westinghouse Electric Company LLC and its affiliated debtors
operate a nuclear power business that delivers a range of products
and services to customers worldwide that span the full lifespan of
a nuclear power generator -- from construction to decommissioning
and all maintenance in between.  The Debtors rely heavily on
certain Critical Vendors to provide them with services related to
health and safety, specialized and unique parts, equipment,
materials, and other services necessary to conduct the business
operations detailed above.  Due to, among other things, the
specialized goods and services required to operate the Debtors'
business lines and maintain compliance with strict environmental,
health, and safety regulations, the Debtors have limited
alternatives when going to market for necessary goods and services.
Replacing such vendors, even in the infrequent instances where
possible, could result in substantially higher costs for the
Debtors and their estates and risk delays that could create safety
and/or environmental risks and harm the Debtors' value, the Debtors
tell the Court.

The Debtors did not release the names of the critical vendors in
their court filings.

                         Business Lines

Among others, the Debtors rely on the following vendors to operate
their five primary business lines:

   * The Nuclear Fuel and Component Manufacturing Business relies
on specialized suppliers to provide components to build fuel
assemblies in nuclear reactor vessels.  Many of these suppliers are
unique to the nuclear industry and, in many cases, are unique to
the Debtors' business operations.  The vast majority of these
suppliers are the sole source of components that are necessary for
the Debtors to continue to operate the Nuclear Fuel and Component
Manufacturing Business.

   * The Operating Plant Business relies on several different types
of suppliers and service providers to provide custom-built
equipment and essential services for nuclear operating plant
upgrades, maintenance, inspection and testing, and outage support.
The equipment provided by these vendors includes equipment
specially-designed for use in the nuclear industry, equipment
designed for general commercial use but tested for suitability for
use in the nuclear industry, and equipment custom-designed and
tested for use specifically by the Debtors.  Generally, it takes
anywhere from six months to four years to complete the
qualification of equipment for use in the nuclear industry. The
Debtors' customers require that the Debtors use the specific
suppliers of proprietary tools and services to perform under the
Debtors' customer contracts. Accordingly, such vendors also provide
proprietary tools and services necessary to support such contracts.
If the Debtors were unable to obtain the required tools and
services from these specific vendors, the Debtors would be unable
to comply with, and perform under, many of their customer
contracts. Goods and services from these vendors are also necessary
to enable the Debtors to provide round-the-clock emergency support
to operating nuclear plants that have unplanned shut downs and
require immediate support to safely shut down for necessary
repairs.

   * The Decommissioning Business relies on several different types
of vendors to survey radioactive sites and characterize radioactive
materials, as well as qualified vendors to safely handle,
transport, and dispose of such materials. The Decommissioning
Business also requires the services of vendors that have experience
in engineering, planning, and carrying out complex radioactive site
remediation and decommissioning.  These include niche vendors who
possess experience in nuclear decontamination and decommissioning,
and who provide protection to public safety by reducing the risk of
additional contamination through their remediation services.

   * The WECTEC Services Business relies on a variety of vendors to
provide custom built equipment and essential services for nuclear
operating plant upgrades, maintenance, inspection and testing, and
outage support as well as support for U.S. government nuclear
projects. Similar to the Operating Plant Business, the equipment
provided by these vendors is either specially designed or qualified
for use in the nuclear industry, which may take up to four years to
complete. Certain suppliers also provide proprietary tools and
services necessary to support the Debtors' customer contracts.

   * The New Nuclear Plants / Major Projects and Construction
Business relies on special heavy manufacturing vendors for reactor
vessels, steam generators, reactor coolant systems, and plant
support systems.  All of such equipment is specially designed for
the New Nuclear Plants / Major Projects and Construction Business
in accordance with specialized requirements, qualifications, and
certifications. Additionally, certain vendors provide specialized
electrical instrumentation and control systems and computers which
they design and qualify.

                       U.S. AP1000 Projects

The Debtors' future involvement in construction of the U.S. AP1000
Projects is uncertain.  Accordingly, the Debtors do not expect to
pay prepetition claims of vendors that provide goods or services
exclusively in connection with the AP1000 business segment pursuant
to the Critical Vendors Motion.  However, the WECTEC Services
Business and the New Nuclear Plants / Major Projects and
Construction Business rely on vendors that provide goods and
services to both the AP1000 and non-AP1000 business segments
("Overlap Vendors") that may refuse to continue providing goods and
services to the non-AP1000 projects if they are not paid in
connection with the goods and services they provide to the AP1000
projects.  Additionally, this category encompasses certain vendors
and professionals that provide services necessary for the Debtors
to maintain numerous patents used in connection with all five of
their business lines, such as vendors who manage the Debtors'
international patent database and the Debtors' payment of its
patent maintenance fees. The Debtors propose to pay the Overlap
Vendors if, in the Debtors' business judgment, the failure to pay
such claims would diminish the value of non-AP1000 projects or the
Debtors' other business lines, including by failing to maintain
appropriate safety and/or environmental standards.

Anticipating a situation where vendors become increasingly
unwilling to extend trade credit to the Company, the Debtors took
painstaking efforts to ensure the stability of the goods and
services essential to their ongoing business prior to commencing
these chapter 11 cases -- including developing a narrowly-tailored
critical vendor program. The process of developing the critical
vendor program involved a core, centralized team comprised of
members of the Debtors' purchasing and supply team with the
assistance of AlixPartners and Weil and was subject to the personal
supervision of the Debtors' Vice President of Finance, Daniel
Sumner.  

The Debtors will authorize payment only to those suppliers critical
to the Debtors' operations and subject to the vendors' own
obligations to provide customary trade terms.

With the assistance of AlixPartners and Weil, the Debtors spent
significant time reviewing and analyzing their books and records,
consulting operations management and purchasing personnel,
reviewing contracts and supply agreements, and analyzing applicable
laws, regulations, and historical practices to identify certain
critical business relationships and Critical Vendors -- the loss of
which could materially harm the Debtors' businesses or impair
going-concern viability.  As a result of that analysis and review,
the Debtors have identified two general categories of Critical
Vendors:

     (i) health and safety suppliers and servicers -- the
interruption of goods or services from these vendors would either
(a) cause environmental hazards or pose significant risk to the
environment, (b) pose a threat to health and public safety, or (c)
compromise the Company's customers' ability to provide power to the
electrical grid; and

    (ii) specialized servicers and suppliers to businesses other
than the U.S. AP1000 projects -- sole source suppliers, vendors
unique to the nuclear industry or the Debtors' specific business
operations, suppliers of proprietary tools and services necessary
to support the Debtors' customer contracts, vendors with
specialized qualifications, or vendors that otherwise provide
specialized goods or services related to the nuclear power
industry.

As to lien claimants, the Debtors propose to pay shippers and
warehousemen who hold Goods for delivery to or from the Debtors as
they may refuse to release the goods pending receipt of payment for
their prepetition services.

As to foreign creditors, the Debtors propose to pay foreign
creditors that supply raw materials in order to keep operating
costs low at a critical time in the Debtors' reorganization and to
meet customer delivery schedules.  In the ordinary course of
conducting their businesses, the Debtors incur various obligations
to and rely on many of the Foreign Creditors, which are located in,
among other places, Belgium, Bulgaria, Canada China, Croatia,
France, Germany, Israel, Italy, Japan, Korea, Spain, Sweden,
Switzerland, and the United Kingdom, to supply various goods or
services that are crucial to the Debtors' ongoing operations.

                   About Westinghouse Electric

Westinghouse Electric Company LLC --
http://www.westinghousenuclear.com/-- is a U.S. based nuclear
power company founded in 1999 that provides design work and
start-up help for new nuclear power plants and makes many of the
components.  Westinghouse manufactures and supplies the commercial
fuel products needed to run the plants, and it offers training,
engineering, maintenance, and quality management services.  Almost
50% of nuclear power plants around the world and about 60% of U.S.
plants are based on Westinghouse's technology.  Westinghouse's
world headquarters are located in the Pittsburgh suburb of
Cranberry Township, Pennsylvania.  

On Oct. 16, 2006, Westinghouse Electric was sold for $5.4 billion
to a group comprising of Toshiba (77% share), partners The Shaw
Group (20% share), and Ishikawajima-Harima Heavy Industries Co.
Ltd. (3% share).  After purchasing part of Shaw's stake in 2013,
Japan-based conglomerate Toshiba obtained ownership of 87% of
Westinghouse.

Amid cost overruns at U.S. nuclear reactors it was building,
Westinghouse Electric Company LLC, along with 29 affiliates, filed
voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-10751) on March
29, 2017.

In their petition, the Debtors listed total assets of $4.32 billion
and total liabilities of $9.39 billion as of Feb. 28, 2017.  The
petitions were signed by AlixPartners' Lisa J. Donahue, chief
transition and development officer.

The Hon. Michael E. Wiles presides over the cases.  Gary T.
Holtzer, Esq., Robert J. Lemons, Esq., Garrett A. Fail, Esq., and
David N. Griffiths, Esq., at Weil, Gotshal & Manges LLP, serve as
counsel to the Debtors. Toshiba Nuclear Energy Holdings (UK) Ltd.
is represented by Albert Togut, Esq., Brian F. Moore, Esq., and
Kyle J. Ortiz, Esq., at Togut, Segal & Segal LLP.  AlixPartners LLP
serves as the Debtors' financial advisor.  The Debtors' investment
banker is PJT Partners Inc.  Their claims and noticing agent is
Kurtzman Carson Consultants LLC.


WESTMORELAND COAL: Promotes Gary Kohn to Chief Financial Officer
----------------------------------------------------------------
Westmoreland Coal Company disclosed on March 28 that Gary Kohn has
been promoted to chief financial officer effective March 6, 2017.
Kohn has been serving as interim chief financial officer since
November 2016.

"I am thrilled to welcome Gary into the CFO role on a permanent
basis," said Kevin Paprzycki, Westmoreland's chief executive
officer.  "Gary's demonstrated leadership, strong execution and
clear understanding of Westmoreland's goals and culture have been
instrumental to the success of the team since he stepped into the
interim role in November.  I am confident in his ability to make an
immediate positive impact in this new role."

Mr. Kohn will receive salary and benefits, and is eligible to
participate in the Company's Long-Term Incentive Program and its
Annual Incentive Program, each of which is described in further
detail in the Company's most recent Definitive Proxy Statement
filed on April 4, 2016.  The Company's Compensation and Benefits
Committee also determined certain aspects of Mr. Kohn's
compensation package.  Mr. Kohn will be awarded restricted stock
units with a value equal to 80% of his base salary under the LTIP,
50% of which are time-vested restricted stock units vesting each
year on April 1st, and 50% of which are performance-based
restricted stock units which vest every three years, depending on
the achievement of certain pre-established performance goals.  Mr.
Kohn is also eligible to participate in the Company's AIP at 60% of
his base salary, under which his financial performance payout will
be determined based on the Company's actual versus budgeted
consolidated free cash flow metric in accordance with the AIP.

Kohn joined Westmoreland in April 2016 and served as vice president
of Investor Relations and treasurer until his promotion to interim
chief financial officer in November 2016.  Prior to joining
Westmoreland, Kohn served in leadership roles in investor
relations, treasury and finance at companies including First Data,
Western Union, Ciber, and Intrepid Potash.  Kohn received his B.S.
in Accounting from the University of Northern Colorado in 1988 and
was a licensed Certified Public Accountant from 1989 through 2000.

                 About Westmoreland Coal Company

Colorado Springs, Colo.-based Westmoreland Coal Company (NYSE
AMEX: WLB) -- http://www.westmoreland.com/-- is the oldest        

independent coal company in the United States.  The Company's coal
operations include coal mining in the Powder River Basin in
Montana and lignite mining operations in Montana, North Dakota and
Texas.  Its power operations include ownership of the two-unit
ROVA coal-fired power plant in North Carolina.

Westmoreland reported a net loss applicable to common shareholders
of $203 million on $1.41 billion of revenues for the year ended
Dec. 31, 2015, compared to a net loss applicable to common
shareholders of $173 million on $1.11 billion of revenues for
the year ended Dec. 31, 2014.  As of Sept. 30, 2016, Westmoreland
Coal had $1.71 billion in total assets, $2.30 billion in total
liabilities and a total deficit of $581.2 million.

                          *     *     *

Moody's Investors Service at the end of February 2016 downgraded
the ratings of Westmoreland, including its corporate family rating
to 'Caa1' from 'B3'.

Standard & Poor's Ratings Services in March 2016 affirmed its 'B'
corporate credit rating on Westmoreland and revised the rating
outlook to "negative" from "stable".  "The negative outlook
reflects weaker-than-expected liquidity as a result of a
combination of exposure to a lower price environment and
difficult-to-secure favorable new volume commitments," said
Standard & Poor's credit analyst Vania Dimova.


WESTMOUNTAIN GOLD: Hires Schwabe Williamson as Special Counsel
--------------------------------------------------------------
Westmountain Gold, Inc., seeks authority from the U.S. Bankruptcy
Court for the District of Colorado to employ Schwabe Williamson &
Wyatt, P.C., as special counsel to the Debtor.

Westmountain Gold requires Schwabe Williamson to:

   a. assist the Debtor to determine the best way to address
      alleged tax filing noncompliance, including whether to file
      amended returns; and

   b. assist the Debtor in obtaining a collection alternative
      from the Internal Revenue Service.

Schwabe Williamson will be paid at these hourly rates:

     Marc Sellers                   $525
     Dan Eller                      $490
     Jennifer Woodhouse             $340
     Attorneys                      $235-$795
     Paralegal                      $120-$270

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

Dan Eller, shareholder of Schwabe Williamson & Wyatt, 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.

Schwabe Williamson can be reached at:

     Dan Eller, Esq.
     SCHWABE WILLIAMSON & WYATT, P.C.
     1211 SW Fifth Avenue, Suite 1500
     Portland, OR 97204
     Tel: (503) 796-3762
     Fax: (503) 796-2900
     E-mail: deller@schwabe.com

                   About Westmountain Gold, Inc.

Based in Fort Collins, Colorado, WestMountain Gold, Inc. is a
precious metals exploration company. Its major project is known as
the Terra or TMC Project, which consists of a gold mining operation
in Alaska.

WestMountain Gold, Inc. and Terra Gold Corporation sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Colo.
Lead Case No. 17-11527) on March 1, 2017. The petitions were signed
by Rick Bloom, authorized representative.

At the time of the filing, the Debtors estimated their assets and
debts at $1 million to $10 million. Kutner Brinen, P.C. represents
the Debtors as bankruptcy counsel.


WL MECHANICAL: Hires Foster as Bankruptcy Counsel
-------------------------------------------------
WL Mechanical Corporation, trading as Westlake Heating and Air
Conditioning, seeks authority from the U.S. Bankruptcy Court for
the Western District of Virginia to employ Richard E. B. Foster,
PLLC, as attorney to the Debtor.

WL Mechanical Corporation requires Foster to:

   a. advise the Debtor with respect to its powers and duties as
      debtor in possession in the continued management and
      operation of its business and properties;

   b. advise and consult on the conduct of the Bankruptcy Case,
      including all the legal and administrative requirements of
      operating in Chapter 11;

   c. attend meetings and negotiate with representatives of the
      Debtor's creditors and other parties in interest;

   d. take all necessary action to protect and preserve the
      Debtor's estate, including to prosecute actions on the
      Debtor's behalf, defend any actions commenced against the
      Debtor, and represent the Debtor's interests in
      negotiations concerning all litigation in which the Debtor
      is involved, including objections to claims filed against
      the Debtor's estates;

   e. prepare all pleadings, including motions, applications,
      answers, orders, reports, and papers necessary or otherwise
      beneficial to the administration of the Debtor's estate;

   f. represent the Debtor in connection with obtaining post-
      petition financing;

   g. advise the Debtor in connection with any potential sale of
      assets;

   h. appear before the Bankruptcy Court to represent the
      interests of the Debtor's estate before the Bankruptcy
      Court;

   i. take any necessary action on behalf of the Debtor to
      negotiate, prepare on behalf of the Debtor, and obtain
      approval of a Chapter 11 plan and documents related; and

   j. perform all other necessary legal services to the Debtor in
      connection with the prosecution of the Bankruptcy Case,
      including to (i) analyze the Debtor's leases and contracts
      and the assumptions, rejections, or assignments thereof;
      (ii) analyze the validating liens against the Debtor; and
      (iii) advise the Debtor on corporate litigation matters.

Foster will be paid at these hourly rates:

     Richard E. B. Foster              $300
     Paralegals                        $100

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

Richard E. B. Foster, sole member of Richard E. B. Foster, 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.

Foster can be reached at:

     Richard E. B. Foster, Esq.
     RICHARD E. B. FOSTER, PLLC
     30 West Franklin Road, Suite 302
     Roanoke, VA 24011
     Tel: (540) 777-4838
     Fax: (540) 777-5595
     E-mail: rfoster@rebflaw.com

                   About WL Mechanical Corporation

WL Mechanical Corporation trading as Westlake Heating and Air
Conditioning, filed a Chapter 11 bankruptcy petition (Bankr. W.D.
Va. Case No. 17-70312) on March 9, 2017, disclosing under $1
million in both assets and liabilities. The Debtor is represented
by Richard E. B. Foster, at Richard E. B. Foster, PLLC.


WRIGHT'S WELL: Hires Aguillard as Attorney
------------------------------------------
Wright's Well Control Services, LLC, seeks authority from the U.S.
Bankruptcy Court for the Western District of Louisiana to employ H.
Kent Aguillard as attorney to the Debtor.

Wright's Well requires Aguillard to:

   a. give the Debtor legal advice with respect to its powers and
      duties as debtor-in-possession in the continued operation
      of the Debtor's business and of the Debtor's property; and

   b. perform all legal services for the Debtor-in-possession
      which may be necessary in the Chapter 11 case.

Aguillard will be paid at the hourly rate of $390-$425.

Aguillard was be paid a retainer of $25,000 by the Debtor. Out of
the retainer, $1,717 was drawn for filing fee, and the amount of
$4,321.25 for pre-petition services, leaving a balance of
$18,961.75 in Aguillard's trust account.

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

Kent H. Aguillard, partner of H. Kent Aguillard, 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.

Aguillard can be reached at:

     Kent H. Aguillard, Esq.
     H. KENT AGUILLARD
     141 S. 6th Street
     Eunice, LA 70535
     Tel: (337) 457-9331
     Fax: (337) 457-2917
     E-mail: kaguillard@yhalaw.com

                   About Wright's Well Control Services, LLC

Wright's Well Control Services, LLC, based in Lake Charles,
Louisiana, filed a Chapter 11 petition (Bankr. W.D. La. Case No.
17-50354) on March 22, 2017. The Hon. Robert Summerhays presides
over the case. Kent H. Aguillard, Esq., at H. Kent Aguillard,
serves as bankruptcy counsel.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities. The petition was signed
by David Christopher Wright, manager/member.


[*] Kenneth Kase Conte Named Bridgepoint Dallas Office Director
---------------------------------------------------------------
Bridgepoint Consulting, aTexas-based finance, IT and management
consulting firm, has named Kenneth Kase Conte as Director of its
Turnaround & Restructuring practice in Dallas.  Mr. Conte will help
organizations realign themselves with new strategic plans, crisis
management, dispute resolution, repositioning and divestiture.

Mr. Conte is a Chief Restructuring Officer (CRO) with deep
experience in operations, due diligence, mergers and acquisitions,
and corporate restructuring.  Most recently, Mr. Conte has served
as Chief Restructuring Officer for Backwoods Retail Inc.;
consulting CFO for Universal Well Services through its Chapter 11
proceeding and CFO for Frontier Oilfield Services, Inc. through its
restructuring. Prior experience includes Managing Director of an
investment banking firm performing mergers and acquisitions (M&A),
distressed company advisory services and capital raises as well as
leadership roles in commercial banking.

"Ken's extensive background in M&A solutions and corporate
restructuring across industries will play a key role in
strengthening our firm's capabilities in the Dallas market," said
Bill Patterson, Principal at Bridgepoint Consulting.  "We're
delighted he has joined our team."

Throughout his career, Mr. Conte has worked in a number of
industries, including banking, manufacturing, oil services and
retail.  He has significant industry expertise, including banking,
finance, private equity and corporate reorganizations.  He earned a
Bachelor of Business Administration in Accounting/Finance from
Niagara University in NY and a Masters of Business Administration
in Finance from the Simon School of Business at the University of
Rochester, in NY.  He is also a Chartered Financial Analyst (CFA).

Bridgepoint Consulting has offices in Dallas, Houston and Austin.
The firm has supported a broad range of clients including financial
institutions, government organizations, law firms, family offices
and corporations.

                 About Bridgepoint Consulting

Bridgepoint Consulting -- http://www.BridgepointConsulting.com/--
is a Texas-based professional services firm that provides strategic
services and highly qualified professionals to solve complex
financial, management and technology challenges.  Since 1999, we've
been helping executives and management teams reduce their business
and operational risks, bridge resource gaps and improve overall
performance.  Whether an organization needs interim expertise to
improve infrastructure and processes, or strategic management of a
major transition or transaction, Bridgepoint's team of 140+
qualified professionals can help.  The firm has offices in Austin,
Dallas and Houston.


[*] New Jersey Resources Appoints Nancy Washington as Sr. VP, GC
----------------------------------------------------------------
New Jersey Resources on March 27, 2017, announced the appointment
of Nancy A. Washington of Sea Girt, NJ as senior vice president and
general counsel.  In this role, Ms. Washington will be responsible
for developing and directing the corporate legal function and
overseeing corporate compliance.

"We are very pleased to welcome Nancy Washington to our team," said
Laurence M. Downes, chairman and CEO of New Jersey Resources.
"Nancy is a talented, well-respected leader and an accomplished
corporate attorney and litigator.  I am confident she will play a
key role as we continue to grow our business and meet our
customers' expectations."

Before joining NJR, Ms. Washington served as senior vice president
and chief litigation counsel for CIT Group Inc., a Livingston,
NJ-based financial services firm.  Prior to her work at CIT, she
was a partner at Saiber, LLC, where she focused on commercial
litigation and corporate matters.  She also served as counsel in
the commercial litigation and creditors' rights practice at
McCarter & English, LLP and was an associate at Drinker, Biddle &
Reath, LLP.  Ms. Washington began her law career with a clerkship
for the Honorable Vincent J. Commisa, former Chief Judge of the
United States Bankruptcy Court for the District of New Jersey.

A graduate of The College of New Jersey, Ms. Washington received
her undergraduate degree in accounting in 1986.  She went on to
study law at Seton Hall University School of Law and earned her
juris doctor degree in 1989.  She is a member of the American Bar
Association, Federal Bar Association, New Jersey State Bar
Association, International Women's Insolvency and Restructuring
Confederation and Executive Women of New Jersey.

                   About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that,
through its subsidiaries, provides safe and reliable natural gas
and clean energy services, including transportation, distribution,
asset management and home services.  NJR is comprised of five
primary businesses:

New Jersey Natural Gas, NJR's principal subsidiary, operates and
maintains over 7,300 miles of natural gas transportation and
distribution infrastructure to serve over half a million customers
in New Jersey's Monmouth, Ocean and parts of Morris, Middlesex and
Burlington counties.

NJR Energy Services manages a diversified portfolio of natural gas
transportation and storage assets and provides physical natural gas
services and customized energy solutions to its customers across
North America.

NJR Clean Energy Ventures invests in, owns and operates solar and
onshore wind projects with a total capacity of nearly 280
megawatts, providing residential and commercial customers with
low-carbon solutions.

NJR Midstream serves customers from local distributors and
producers to electric generators and wholesale marketers through
its 50 percent equity ownership in the Steckman Ridge natural gas
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L.P., as well as its 20 percent equity interest in the PennEast
Pipeline Project.

NJR Home Services provides service contracts as well as heating,
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and other indoor and outdoor comfort products to residential homes
throughout New Jersey.

NJR and its more than 1,000 employees are committed to helping
customers save energy and money by promoting conservation and
encouraging efficiency through Conserve to Preserve(R) and
initiatives such as The SAVEGREEN Project(R) and The Sunlight
Advantage(R).


[^] BOOK REVIEW: Oil Business in Latin America: The Early Years
---------------------------------------------------------------
Author:  John D. Wirth Ed.
Publisher:  Beard Books
Softcover:  282 pages
List price:  $34.95
Review by Gail Owens Hoelscher
Buy a copy for yourself and one for a colleague on-line at
http://is.gd/DvFouR

This book grew out of a 1981 meeting of the American Historical
Society. It highlights the origin and evolution of the state-
owned petroleum companies in Argentina, Mexico, Brazil, and
Venezuela.

Argentina was the first country ever to nationalize its
petroleum industry, and soon it was the norm worldwide, with the
notable exception of the United States. John Wirth calls this
phenomenon "perhaps in our century the oldest and most
celebrated of confrontations between powerful private entities
and the state."

The book consists of five case studies and a conclusion, as
follows:

     * Jersey Standard and the Politics of Latin American Oil
          Production, 1911-30 (Jonathan C. Brown)

     * YPF: The Formative Years of Latin America's Pioneer State
          Oil Company, 1922-39 (Carl E. Solberg)

     * Setting the Brazilian Agenda, 1936-39 (John Wirth)

     * Pemex: The Trajectory of National Oil Policy (Esperanza
          Duran)

     * The Politics of Energy in Venezuela (Edwin Lieuwen)

     * The State Companies: A Public Policy Perspective (Alfred
          H. Saulniers)

The authors assess the conditions at the time they were writing,
and relate them back to the critical formative years for each of
the companies under review. They also examine the four
interconnecting roles of a state-run oil industry and
distinguish them from those of a private company. First, is the
entrepreneurial role of control, management, and exploitation of
a nation's oil resources. Second, is production for the private
industrial sector at attractive prices. Third, is the
integration of plans for military, financial, and development
programs into the overall industrial policy planning process.
Finally, in some countries is the promotion of social
development by subsidizing energy for consumers and by promoting
the government's ideas of social and labor policy and labor
relations.

The author's approach is "conceptual and policy oriented rather
than narrative," but they provide a fascinating look at the
politics and development of the region. Mr. Brown provides a
concise history of the early years of the Standard Oil group and
the effects of its 1911 dissolution on its Latin American
operations, as well as power struggles with competitors and
governments that eventually nationalized most of its activities.
Mr. Solberg covers the many years of internal conflict over oil
policy in Argentina and YPF's lack of monopoly control over all
sectors of the oil industry. Mr. Wirth describes the politics
and individuals behind the privatization of Brazil's oil
industry leading to the creation of Petrobras in 1953. Mr. Duran
notes the wrangling between provinces and central government in
the evolution of Pemex, and in other Latin American countries.
Mr. Lieuwin discusses the mixed blessing that oil has proven for
Venezuela., creating a lopsided economy dependent on the ups and
downs of international markets. Mr. Saunders concludes that many
of the then-current problems of the state oil companies were
rooted in their early and checkered histories." Indeed, he says,
"the problems of the past have endured not because the public
petroleum companies behaved like the public enterprises they
are; they have endured because governments, as public owners,
have abdicated their responsibilities to the companies."

Jonh D. Wirth is Gildred Professor of Latin American Studies at
Standford University.



                            *********

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