TCR_Public/170408.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, April 8, 2017, Vol. 21, No. 97

                            Headlines

AZURE MIDSTREAM: Posts $4.06 Million Net Loss at Feb. 28
RMS TITANIC: Has $534,209 Ending Cash Balance in February
VIOLIN MEMORY: Posts $3.23 Million Net Loss in January 2017

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AZURE MIDSTREAM: Posts $4.06 Million Net Loss at Feb. 28
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Azure Midstream Partners, LP, et. al., filed with the U.S.
Securities and Exchange Commission their monthly operating report
for the period from January 30, 2017 through February 28, 2017.

The Debtors posted a net loss of $4.06 million on $3.20 million of
revenues for the period.

As of February 28, 2017, the Debtors posted total assets of $209.82
million, total liabilities of $187.02 million, and $22.79 million
in consolidated total shareholders' equity.

At January 30, 2017, the Debtors had $5.41 million cash.  They had
total receipts of $3.57 million and total disbursements of $2.99
million.  At February 28, the Debtors had $5.99 million cash.

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

                    http://bit.ly/2ndNz3g

                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.



RMS TITANIC: Has $534,209 Ending Cash Balance in February
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RMS Titanic, Inc., filed with the U.S. Securities and Exchange
Commission its monthly operating report for February 2017.

RMS Titanic, Inc., did not post a list of its assets and
liabilities for February.

The Debtor's cash flow reported $534,209 beginning cash balance.
It also listed $25,083 total receipts and no disbursements for the
month.  Thus, the Debtor had an ending cash balance of $559,292 at
February 28.

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

                    http://bit.ly/2neCoIB

                 About About RMS Titanic, Inc.

Premier Exhibitions, Inc. (Nasdaq: PRXI), located in Atlanta,
Georgia, is a presenter of museum quality exhibitions throughout
the world.  Premier --http://www.PremierExhibitions.com/--   
develops and displays unique exhibitions for education and
entertainment including Titanic: The Artifact Exhibition,
BODIES...The Exhibition, Tutankhamun: The Golden King and the Great
Pharaohs, Pompeii The Exhibition, Extreme Dinosaurs and Real
Pirates in partnership with National Geographic.  The success of
Premier Exhibitions lies in its ability to produce, manage, and
market exhibitions.

RMS Titanic and seven of its subsidiaries filed voluntary petitions
for reorganization under Chapter 11 of the Bankruptcy Code (Bankr.
M.D. Fla. Lead Case No. 16-02230) on June 14, 2016.  Former Chief
Financial Officer and Chief Operating Officer Michael J. Little
signed the petitions.  The Chapter 11 cases are assigned to Judge
Paul M. Glenn.

The Debtors estimated both assets and liabilities of $10 million to
$50 million.

Guy Gebhardt, acting U.S. trustee for Region 21, on Aug. 24, 2016,
appointed three creditors to serve on the official committee of
unsecured creditors of RMS Titanic, Inc., and its affiliates.  The
Committee hired Storch Amini & Munves PC and Thames Markey &
Heekin, P.A. as counsel.



VIOLIN MEMORY: Posts $3.23 Million Net Loss in January 2017
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Violin Memory, Inc., filed with the U.S. Securities and Exchange
Commission its monthly operating report for January 2017.

The Debtor's statement of operations recorded a net loss of $3.23
million on $1.74 million of total revenue for the month.

As of January 31, 2017, the Debtor had $25.83 million in total
assets, $146.30 million in total liabilities, and $120.48 million
in total stockholders' deficit.

At the start of the month, the Debtor had $3.99 million cash.  It
had total receipts of $616,539 and total disbursements of $1.20
million.  At month end, the Debtor had $3.41 million cash.

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

                    http://bit.ly/2nP7KJK
      
                     About Violin Memory

Violin Memory, Inc., develops and supplies memory-based storage
systems for high-speed applications, servers and networks in the
Americas, Europe and the Asia Pacific.  Founded in 2005, the
Company is headquartered in Santa Clara, California.

Violin Memory sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Case No. 16-12782) on Dec. 14, 2016.  The
petition was signed by Cory J. Sindelar, chief financial officer.

At the time of the filing, the Debtor disclosed $38.93 million in
assets and $145.4 million in liabilities.

Pillsbury Winthrop Shaw Pittman LLP serves as the Debtor's legal
counsel while Justin R. Alberto, Esq. and Scott D. Cousins, Esq.,
at Bayard, P.A., serves as co-counsel.  The Debtor has hired
Houlihan Lokey Capital, Inc., as financial advisor and investment
banker. Prime Clerk LLC serves as administrative advisor.

The U.S. Trustee, on Dec. 27, 2016, named three creditors to serve
on the official committee of unsecured creditors Wilmington Trust,
N.A., Clinton Group, Inc., and Forty Niners SC Stadium Company LC.

The Committee hires Cooley LLP as lead counsel, and Elliot
Greenleaf as its Delaware counsel.  The Committee tapped DAK Group,
Ltd., as financial advisor and investment banker.

VM Bidco is represented in the case by:

     Mark D. Collins, Esq.
     Zachary I. Shapiro, Esq.
     RICHARDS, LAYTON & FINGER, P.A.
     One Rodney Square
     920 North King Street
     Wilmington, Delaware 19801
     Telephone: (302) 651-7700
     Email: collins@rlf.com
            shapiro@rlf.com

          - and -

     Gary T. Holtzer, Esq.
     David N. Griffiths, Esq.
     WEIL GOTSHAL & MANGES LLP
     757 Fifth Avenue
     New York, New York 10153
     Telephone: (212) 310-8000
     Email: gary.holtzer@weil.com
            david.griffiths@weil.com



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Troubled Company Reporter is a daily newsletter co-published
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Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
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