TCR_Public/170517.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, May 17, 2017, Vol. 21, No. 136

                            Headlines

624 EAST 222ND: Eyes Auction Sale of Bronx Property in June 2017
ABBY LEE MILLER: Sentenced to One Year & One Day in Prison
ACHAOGEN INC: Reports $33.2 Million Net Loss for First Quarter
ADVANCED MICRO: Incurs $73 Million Net Loss for First Quarter
ADVANCED MICRO: May Issue Additional 77M Shares Under Plans

AEROSPACE HOLDINGS: Committee Hires Drinker Biddle as Counsel
AEROSPACE HOLDINGS: Gavin/Solmonese as Panel's Financial Advisor
AES CORP: Moody's Hikes CFR to Ba2; Outlook Stable
AFTOKINITO RALLY: Car Owners' Claims Bar Date Set for May 31
AHP HOME: Asks For Court's Permission to Use Cash Collateral

ALEIDA JOHNSON: Supreme Court Backs Bids to Collect Outdated Debt
ALLIED ELECTRICAL: May Use Cash Collateral Through June 2
ALPHA NATURAL: Contura Energy Files Initial Public Offering Plans
ALPHATEC HOLDINGS: Director Cross Will Not Stand for Re-Election
AMERICAN INT'L GROUP: EX-CEO's Claim on Gov't Bailout Rejected

AMPLIPHI BIOSCIENCES: Prices $10.4 Million Public Offering
ANTIGUA CANTINA: Unsecureds to Recoup 100% Over 5 Yrs at 4.25%
ARCONIC INC: Completes Debt-for-Equity Exchange
ARCONIC INC: Ratan Tata Quits as Director
ASURION LLC: Moody's Keeps Ba3 rating on First-Lien Term Loan

ATOPTECH INC: Avatar Wants to Bar Synopsys From Making Info Demands
AURORA DIAGNOSTICS: Early Tender Results of Private Exchange Offer
BARMER ENTERPRISES: Case Summary & 20 Largest Unsecured Creditors
BAVARIA YACHTS: Seeks September 30 Plan Filing Period Extension
BERNARD MADOFF: Financier Says Testimony Should Not Be Barred

BLEACHER CREATURES: Business as Usual, Expects Sale in 9 Weeks
BRUNSWICK RAIL: Says Ex-CEO's Suit Shows US Court Is Proper Forum
C & S COMPANY: Trustee Hires Garman Turner Gordon as Counsel
CAROL LLOYD: Case Summary & 20 Largest Unsecured Creditors
CGG: Ernst & Young Raises Going Concern Doubt

CIRCULATORY CENTER: Intends to File Chapter 11 Plan by August 21
CLAYTON WILLIAMS: 401(k) Plan Suspends Duty to File Reports
CLAYTON WILLIAMS: NBL Permian Cancels Registration of Securities
COATES INTERNATIONAL: Obtains $29,650 from Securities Sale
COMSTOCK RESOURCES: Incurs $22.9 Million Net Loss in First Quarter

DAWSON INTERNATIONAL: Seeks Sept. 20 Plan Filing Period Extension
DIEGO PELLICER: Paritz & Company Raises Going Concern Doubt
ECRA GROUP: General Secured Claims to Get Full Payment Over 5 Yrs.
EMAS CHIYODA: Recovery for Unsecured Creditors Unknown Under Plan
ENERGY FUTURE: Elliott Wants Path Cleared to File Alternative Plan

EVANS & SUTHERLAND: Posts $185,000 Net Income for First Quarter
EVERMILK LOGISTICS: Voluntary Chapter 11 Case Summary
FANSTEEL INC: Wants to Continue Using Cash Collateral
FIRSTCASH INC: Moody's Affirms Ba3 CFR & Alters Outlook to Pos.
FIRSTENERGY SOLUTIONS: Signs Deal to Settle Contract Disputes

FLORIDA EAR: Plan Confirmation Hearing on June 22
FUNCTION(X) INC: Inks Deal to Sell $10 Million Preferred Shares
FUNCTION(X) INC: Will Use Investment Proceeds for Working Capital
GABEL LEASE: Needs Until July 21 to Obtain Plan Confirmation
GARDNER DENVER: Moody's Hikes CFR to B2; Outlook Stable

GAURI-SHANKAR LP: Unsecureds to Recover 100% in Periodic Payments
GOLFSMITH INTERNATIONAL: Seeks September 11 Plan Filing Extension
GREAT FALLS DIOCESE: Hires NAI Business Properties as Realtor
GREAT FALLS DIOCESE: Panel Hires Pachulski Stang as Counsel
GULFMARK OFFSHORE: Has Deal, to File for Chapter 11 by May 21

HAHN HOTELS: Has Court's Interim Nod to Use Cash Collateral
HANISH LLC: Phoenix REO Objects to Disclosure Statement
HAVEN CHICAGO: Hires Hansen Plahm as Accountant
HELIOPOWER INC: Has Interim OK to Obtain DIP Financing, Use Cash
HOPKINS COUNTY HOSP: Moody's Reviews B1 Rating for Downgrade

HOTEL PARK: First Amended Disclosure Statement Filed
ICTS INTERNATIONAL: Swings to $2.3 Million Net Income in 2016
IHEARTCOMMUNICATIONS INC: Irving Azoff Quits as Director
JOHN MARK OSSENMACHER: Creditors Seek Ch. 7 Conversion, Trustee
JUNE 16 INC: Names John Sommerstein as Counsel

KATY INDUSTRIES: In Chapter 11 With Deal to Sell Business
LINIU TECHNOLOGY: UHY LLP Raises Going Concern Doubt
LOMBARD MEDICAL: Baker Tilly Raise Going Concern Doubt
LOST ACRES: D. McGill Seeks Ch. 11 Trustee, Examiner Appointment
LOUISIANA CRANE: Court to Continue Plan Outline Hearing on June 13

MAP HOLDING: Taps Kasen & Kasen as Attorney
MARIOLA KIELCZEWSKA: DOJ Watchdog Ordered to Appoint Ch. 11 Trustee
MARRONE BIO: Ardsley Advisory Reports 12.1% Stake as of April 25
MARSH SUPERMARKETS: May 18 Meeting Set to Form Creditors' Panel
MASHAL II ASSET: Taps Morgan & Bley as Counsel

MASON TEMPLE: Plan Outline Okayed, Plan Hearing on June 28
MEDICINES CO: Notes Conversion Feature Casts Going Concern Doubt
MESOBLAST LIMITED: Director Acquires 255,912 Ordinary Shares
METALAST INT'L: Court Okays Sale of METALAST Trademark to MI-16
MIDWEST FARM: Wants to Use Cash Collateral for Operations

MONAKER GROUP: Incurs $7.09 Million Net Loss in Fiscal 2016
MOUNTAIN CREEK: Case Summary & 20 Largest Unsecured Creditors
MTN INC: Hearing on Cash Collateral Use Set for May 26
NEW CAL-NEVA LODGE: Revises Plan Outline to Resolve Objections
NIPOMO GATEWAY: Voluntary Chapter 11 Case Summary

NORTHEAST ENERGY: Wants to Use Insurance Premium Refunds
OAKRIDGE HOLDINGS: Recurring Losses Raise Going Concern Doubt
PACIFIC DRILLING: Reports $99.8 Million Net Loss for First Quarter
PAYLESS HOLDINGS: Committee Taps Pachulski Stang as Lead Counsel
PAYLESS HOLDINGS: Committee Taps Polsinelli as Local Counsel

PBA EXECUTIVE: Disclosure Statement Hearing Set for May 31
PHARMACOGENETICS DIAGNOSTIC: Intends to File Plan by September 5
PICTURE CAR: Disclosures OK'd; Plan Confirmation Hearing on July 12
PLASTIC2OIL INC: CEO Thanks Shareholders for Continued Support
PROJECTOOLS LLC: Unsecureds to Recoup 30% in 60 Months

PUERTO RICO: Ambac Says COFINA Solvent, Should Stand on Its Own
PUERTO RICO: Strikes Second Restructuring Deal with Bondholders
RED PHOENIX: Voluntary Chapter 11 Case Summary
REX ENEGY: Stockholders Elect Six Directors
REX ENERGY: Effects a One-For-Ten Reverse Stock Split

ROSETTA GENOMICS: Files Form F-1 Prospectus with SEC
RUE21 INC: Case Summary & 50 Largest Unsecured Creditors
RUE21 INC: Files for Chapter 11 After Closing 400 Stores
RUPARI HOLDING: Resolves Objections to Cash Collateral Budget
RUXTON DESIGN: Wants To Obtain $24,225 Financing From Pearl Beat

SAEXPLORATION HOLDINGS: Posts $6.8M Net Income for First Quarter
SEANERGY MARITIME: 2016 Annual Report Now Available
SEANERGY MARITIME: Deregisters $300,000 Shares & $18,750 Warrants
SEARS HOLDINGS: CEO Hits Supplier for 'Unreasonable Demands'
SEARS HOLDINGS: Sues Chinese Vendor Over Contract Dispute

STEREOTAXIS INC: Reports First Quarter Net Income of $1.2 Million
STEVE'S FROZEN: To Employ Boca Accounting as Accountant
SUNEDISON INC: Judge Points Out Problems in Chapter 11 Plan
SWIM SEVENTY: Case Summary & 20 Largest Unsecured Creditors
SWING HOUSE: Hearing on Plan Outline Set for June 7

T3M INC: Case Summary & 20 Largest Unsecured Creditors
TALLAHASSEE INDOOR: Unsecureds to Get Up to $50,000 Over 5 Yrs.
THRU INC: Dropbox Seeks Trustee Appointment, Ch. 7 Conversion
TRENDSETTER HR: Disclosures OK'd; Plan Hearing on June 22
U.S. STEM CELL: Recurring Losses Raise Going Concern Doubt

UGHS SENIOR: White Oak to Get 50% of Settlement Funds, D&O Proceeds
VIA NIZA: Hearing on Disclosures Statement Set for July 11
WAGLE LLC: Court Approves Plan Outline
[*] Kroll Bond Rating Releases Report on Municipal Bondholders
[*] Sanjay Thapar Joins Kramer Levin's Leveraged Finance Group


                            *********

624 EAST 222ND: Eyes Auction Sale of Bronx Property in June 2017
----------------------------------------------------------------
624 East 222nd Street, LLC, filed with the U.S. Bankruptcy Court
for the Southern District of New York on May 3, 2017, a disclosure
statement for the amended plan of liquidation.

According to the Disclosure Statement, an auction sale will occur
in June 2017 at 10:00 a.m.  The sale hearing to approve the
accepted bid for the Debtor's primary asset -- a property located
at 624 East 222nd Street, Bronx, New York, which consists of a
six-story multiple-dwelling residential building with approximately
43 rental apartment units -- will occur contemporaneously with the
confirmation hearing, in June 2017 at 10:00 a.m.

The Plan will be funded by the sale proceeds, which includes the
Debtor's available cash on the Effective Date and all amounts
presently maintained by the receiver for the Debtor's benefit after
deducting the receiver's fees, expenses and commission.  These
funds will be utilized to satisfy payments due consistent with the
terms of the Plan.

Class 3 Other Secured Claims -- estimated at $197,812 -- are
unimpaired by the Plan.   In full satisfaction, release and
discharge of each Other Secured Claim, each holder of an allowed
other secured claim will receive from the disbursing agent at the
closing, or as soon as practicable after each Other Secured Claim
becomes an allowed claim, cash, in the full amount of the allowed
secured claim, or (ii) other treatment as to which the Debtor and
Plan Administrator and each holder of Other Secured Claim will have
agreed upon in writing.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/nysb12-13992-182.pdf

As reported by the Troubled Company Reporter on March 15, 2017, the
Debtor filed a disclosure statement for its amended plan of
liquidation provides for the sale of its Property, subject to
higher and better offers.  That plan provided for a 100% recovery
to all holders of allowed claims against the Debtor and payment of
$1,360,000 to holders of interests.

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

The Debtor is represented by Wayne Greenwald, Esq., at Wayne
Greenwald P.C.


ABBY LEE MILLER: Sentenced to One Year & One Day in Prison
----------------------------------------------------------
Emma Cueto, writing for BankruptcyLaw360, reports that Chief U.S.
District Judge Joy Flowers Conti sentenced Abigale Lee Miller to
one year and one day in prison after she pled guilty to hiding
assets from creditors during her bankruptcy.  According to Law360,
Judge Conti ordered Ms. Miller to spend an additional two years
under supervision and issued a $120,000 judgment to Ms. Miller's
creditors and a $40,000 fine against Ms. Miller.

Abigale Lee Miller is the star of Lifetime's reality television
series "Dance Moms".  Ms. Miller filed a Chapter 11 bankruptcy
petition (Bankr. W.D. Pa. Case No. 10-28606) on Dec. 3, 2010.  A
copy of the petition is available at
http://bankrupt.com/misc/pawb10-28606p.pdf


ACHAOGEN INC: Reports $33.2 Million Net Loss for First Quarter
--------------------------------------------------------------
Achaogen, Inc, filed with the Securities and Exchange Commission
its quarterly report on Form 10-Q disclosing a net loss of $33.25
million on $7.46 million of contract revenue for the three months
ended March 31, 2017, compared to a net loss of $12.19 million on
$5.84 million of contract revenue for the same period in 2016.

Unrestricted cash, cash equivalents and short-term investments
totaled $132.0 million at March 31, 2017 compared to $145.9 million
at December 31, 2016.

Contract revenue totaled $7.5 million for the first quarter of 2017
compared to $5.8 million for the same period of 2016.  The increase
in contract revenue during the quarter was primarily due to the
increased research and development activities under the contract
Option 3 with BARDA.  As of March 31, 2017, $0.1 million and $0.6
million remains on the BARDA and NIAID contracts, respectively.
Achaogen derived all of its revenue from funding provided under
U.S. government contracts in connection with the research and
development of product candidates.

Research and development (R&D) expenses were $18.6 million for the
first quarter of 2017 compared to $13.9 million reported for the
same period in 2016.  The increase in R&D expenses during the first
quarter were attributable to: a) concluding the plazomicin clinical
trials and initiation of engineering and validation manufacturing
campaigns, b) initiation of the C-Scape program, and c) continued
advancement of the Company's earlier stage pipeline.

General and Administrative (G&A) expenses were $6.8 million for the
first quarter of 2017 compared to $3.8 million for the same period
in 2016.  The increase in G&A expenses was primarily attributable
to higher personnel related expenses and increased activity to
prepare for registration and potential commercialization of
plazomicin.

Change in warrant and derivative liabilities were $15.0 million for
the first quarter of 2017 compared to nil for the same period in
2016.  The increase was primarily related to non-cash charges for
the revaluation of warrants issued in the private placement of
common stock and warrants to purchase common stock in June 2016.

As of March 31, 2017, there were approximately 35.8 million shares
of common stock outstanding.

As of March 31, 2017, Achaogen had $155.80 million in total assets,
$77.16 million in total liabilities and $78.63 million in total
stockholders' equity.

          Recent Highlights and Upcoming Milestones

Achaogen also provided an update on its corporate and clinical
development activities.

"Advancing plazomicin registration activities is our top priority;
we are encouraged by our progress with manufacturing and had a
productive pre-NDA meeting with FDA in April.  We remain on track
with our plans to file the plazomicin NDA in the second half of
2017," said Kenneth Hillan, M.B. Ch.B., Achaogen's chief executive
officer.  "We have made excellent progress with our C-Scape program
and plan to initiate a Phase 1 clinical trial in the second quarter
of 2017."

Plazomicin has successfully completed two Phase 3 clinical trials
and the Company plans to submit a New Drug Application (NDA) to the
Food and Drug Administration (FDA) in the second half of 2017 and
to submit a Marketing Authorization Application (MAA) to the
European Medicines Agency (EMA) in 2018.  The EPIC (Evaluating
Plazomicin In cUTI) trial is expected to serve as a single
registration trial supporting an NDA for plazomicin in the United
States and an MAA in the European Union.  The second study, the
Phase 3 CARE (Combating Antibiotic Resistant Enterobacteriaceae)
trial was a resistant pathogen trial designed to evaluate the
efficacy and safety of plazomicin in patients with serious
bacterial infections due to carbapenem-resistant Enterobacteriaceae
(CRE) and provides additional data supporting the NDA and
plazomicin therapy in these patients.

Last month, the Company announced newly-presented plazomicin
data at the European Congress of Clinical Microbiology and
Infectious Disease (ECCMID) that highlighted the efficacy of
plazomicin against MDR gram-negative bacteria in clinical and
non-clinical settings:

   * Phase 3 EPIC trial data demonstrated superior microbiological
     eradication rates at test-of-cure, including higher
     microbiological eradication rates against key resistant
     pathogens for plazomicin compared to meropenem;

   * Phase 3 EPIC trial data demonstrated a lower rate of clinical

     relapse in patients receiving plazomicin compared to
     meropenem;

   * Phase 3 CARE trial data showed lower 28-day all-cause
     mortality that was maintained through Day 60 for plazomicin
     compared to colistin in patients with serious bloodstream
     infections (BSI) due to CRE; and

   * Plazomicin demonstrated potent in vitro activity against
     isolates containing the plasmid-encoded colistin resistance
     (mcr-1) gene.

During the quarter, in a data presentation at the Society for
Healthcare Epidemiology in America (SHEA) Spring 2017 Conference, a
multi-center, multi-year analysis of CRE burden in the U.S.
suggested that CRE is rapidly increasing, with an estimate of more
than 65,000 CRE infections in 2015.

C-Scape - Achaogen is developing an orally-available antibacterial
candidate, C-Scape, that is a combination of an approved
beta-lactam and an approved beta-lactamase inhibitor, with the
potential to treat patients with cUTI due to MDR pathogens such as
extended spectrum beta-lactamase (ESBL) producing Escherichia coli
and Klebsiella pneumoniae.

   * Achaogen is currently projecting to commence C-Scape clinical
     development in the second quarter of 2017 and, if successful,

     to proceed to pivotal Phase 3 cUTI trial initiation in the   
     first half of 2018.

      - Company met with FDA during the quarter; plans to leverage

        a 505(b)(2) regulatory path involving a single pivotal
        trial.

  * In January 2017, C-Scape was awarded qualified infectious
    disease product (QIDP) status by FDA for the treatment of
    cUTI, including acute pyelonephritis

Other Corporate Highlights

  * Entered into a collaboration with the Bill & Melinda Gates
    Foundation for up to $20.5 million to accelerate the
    development of Achaogen's unique antibody discovery platform
    and to initially support the discovery of monoclonal antibody
    candidates targeting Acinetobacter baumannii, a leading cause
    of neonatal sepsis and a major focus of Achaogen's internal
    bactericidal antibody program.

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

                      https://is.gd/hNkLJL

                      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.


ADVANCED MICRO: Incurs $73 Million Net Loss for First Quarter
-------------------------------------------------------------
Advanced Micro Devices, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $73 million on $984 million of net revenue for the
three months ended April 1, 2017, compared to a net loss of $109
million on $832 million of net revenue for the three months ended
March 26, 2016.

As of April 1, 2017, Advanced Micro had $3.29 billion in total
assets, $2.89 billion in total liabilities and $409 million in
total stockholders' equity.

As of April 1, 2017, the Company's cash, cash equivalents and
marketable securities were $943 million compared to $1.26 billion
as of Dec. 31, 2016.  The decrease in the first quarter of 2017 was
due to net cash used in the Company's operating and investing
activities, partially offset by cash provided by financing
activities.  The percentage of cash, cash equivalents and
marketable securities held domestically was 93% as of April 1,
2017, compared to 98% at Dec. 31, 2016.

The Company's debt obligations of $1.41 billion net of unamortized
debt issuance costs and unamortized debt discount associated with
the 2.125% Convertible Senior Notes Due 2026 (2.125% Notes) as of
April 1, 2017, decreased from $1.44 billion at Dec. 31, 2016.

"We believe our cash, cash equivalents and marketable securities
balance along with our Secured Revolving Line of Credit will be
sufficient to fund operations, including capital expenditures, over
the next 12 months," the Company stated in the report.  "We believe
that in the event we decide to obtain external funding, we may be
able to access the capital markets on terms and in amounts adequate
to meet our objectives.

"Should we require additional funding, such as to meet payment
obligations of our long-term debt when due, we may need to raise
the required funds through borrowings or public or private sales of
debt or equity securities, which may be issued from time to time
under an effective registration statement, through the issuance of
securities in a transaction exempt from registration under the
Securities Act of 1933 or a combination of one or more of the
foregoing. Uncertain global economic conditions have in the past
adversely impacted, and may in the future adversely impact, our
business.  If market conditions deteriorate, we may be limited in
our ability to access the capital markets to meet liquidity needs
on favorable terms or at all, which could adversely affect our
liquidity and financial condition, including our ability to
refinance maturing liabilities."

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

                    https://is.gd/kFJ0DD

                 About Advanced Micro Devices

Sunnyvale, California-based Advanced Micro Devices, Inc.,
(NASDAQ:AMD) is a global semiconductor company.  AMD --
http://www.amd.com/-- offers x86 microprocessors, as a standalone
central processing unit (CPU) or as incorporated into an
accelerated processing unit (APU), chipsets, and discrete graphics
processing units (GPUs) for the consumer, commercial and
professional graphics markets, and server and embedded CPUs, GPUs
and APUs, and semi-custom System-on-Chip (SoC) products and
technology for game consoles.

AMD incurred a net loss of $497 million for the year ended
Dec. 31, 2016, following a net loss of $660 million for the year
ended Dec. 26, 2015.

                       *     *     *

In March 2017, S&P Global Ratings said it raised its corporate
credit rating on Sunnyvale, Calif.-based Advanced Micro Devices to
'B-' from 'CCC+'.  "Our upgrade reflects our view of the Company's
capital structure as sustainable following a series of deleveraging
transactions, a return to revenue growth, and improving, if still
weak, profitability," said S&P Global Ratings credit analyst James
Thomas.

In March 2016, Fitch Ratings downgraded and withdrew the ratings
for AMD including the Long-term Issuer Default Rating (IDR) to
'CCC' from 'B-'.  Fitch has withdrawn AMD's ratings for commercial
reasons.  The downgrade reflects prospects for negative free cash
flow (FCF) over the intermediate term and the consequent liquidity
issues and refinancing risk that could develop as the 2019 and 2020
debt maturities approach.


ADVANCED MICRO: May Issue Additional 77M Shares Under Plans
-----------------------------------------------------------
Advanced Micro Devices, Inc., filed a Form S-8 registration
statement with the Securities and Exchange Commission to register:

  (a) an additional 27,000,000 shares of its common stock reserved

      for issuance under the 2004 Equity Incentive Plan, which
      increase was approved by its Board of Directors on Feb. 17,
      2017, and its stockholders on April 26, 2017; and

  (b) 50,000,000 shares of its common stock reserved for issuance
      under the 2017 Employee Stock Purchase Plan, which was
      approved by its Board on Feb. 17, 2017, and its stockholders

      on April 26, 2017.

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

                     https://is.gd/XqL362

                 About Advanced Micro Devices

Sunnyvale, California-based Advanced Micro Devices, Inc.,
(NASDAQ:AMD) is a global semiconductor company.  AMD --
http://www.amd.com/-- offers x86 microprocessors, as a standalone
central processing unit (CPU) or as incorporated into an
accelerated processing unit (APU), chipsets, and discrete graphics
processing units (GPUs) for the consumer, commercial and
professional graphics markets, and server and embedded CPUs, GPUs
and APUs, and semi-custom System-on-Chip (SoC) products and
technology for game consoles.

AMD incurred a net loss of $497 million for the year ended
Dec. 31, 2016, following a net loss of $660 million for the year
ended Dec. 26, 2015.  As of April 1, 2017, Advanced Micro had $3.29
billion in total assets, $2.89 billion in total liabilities and
$409 million in total stockholders' equity.

                       *     *     *

In March 2017, S&P Global Ratings said it raised its corporate
credit rating on Sunnyvale, Calif.-based Advanced Micro Devices to
'B-' from 'CCC+'.  "Our upgrade reflects our view of the Company's
capital structure as sustainable following a series of deleveraging
transactions, a return to revenue growth, and improving, if still
weak, profitability," said S&P Global Ratings credit analyst James
Thomas.

In March 2016, Fitch Ratings downgraded and withdrew the ratings
for AMD including the Long-term Issuer Default Rating (IDR) to
'CCC' from 'B-'.  Fitch has withdrawn AMD's ratings for commercial
reasons.  The downgrade reflects prospects for negative free cash
flow (FCF) over the intermediate term and the consequent liquidity
issues and refinancing risk that could develop as the 2019 and 2020
debt maturities approach.


AEROSPACE HOLDINGS: Committee Hires Drinker Biddle as Counsel
-------------------------------------------------------------
The Official Committee of Unsecured Creditors of Aerospace
Holdings, Inc., and its debtor-affiliates seeks authorization from
the US Bankruptcy Court for the District of Delaware to retain
Drinker Biddle & Reath LLP as its counsel.

Professional services Drinker Biddle will render are:

     (a) attend the meetings of the Committee;

     (b) review financial and operational information furnished by
the Debtors to the Committee;

     (c) investigate and determine the value of unencumbered
assets;

     (d) analyze and negotiate the budget and the terms of the
debtor-in-possession financing;

     (e) assist in the efforts to sell assets or equity of the
Debtors in a manner that maximizes the value for creditors;

     (f) review and provide due diligence on the proposed sale of
substantially all of the Debtors' assets, and negotiate with the
proposed purchaser and the Debtors' DIP Lender for a recovery for
holders of general unsecured claims;

     (g) review and analyze chapter 11 plan issues and pursue
confirmation of a plan or plans as may be appropriate to provide
distributable value to the holders of general unsecured claims;

     (h) review and investigate the liens of purported secured
parties;

     (i) review and investigate prepetition transactions in which
the Debtors and/or their insiders were involved;

     (j) confer with the Debtors' management, counsel and financial
advisors;

     (k) review the Debtors' schedules, statements of financial
affairs and business plan;

     (l) advise the Committee as to the ramifications regarding all
of the Debtors' activities and motions before this Court;

     (m) file appropriate pleadings on behalf of the Committee;

     (n) review and analyze the Debtors' financial professionals'
work product and report to the Committee on that analysis;

     (o) provide the Committee with legal advice in relation to the
chapter 11 cases;

     (p) prepare various applications and memoranda of law
submitted to the Court for consideration; and

     (q) perform such other legal services for the Committee as may
be necessary or proper in these proceedings.

The current hourly rates of the Drinker Biddle professionals are:

     Robert K. Malone          Partner     $800
     Steven K. Kortanek        Partner     $750
     Andrew J. Flame           Partner     $680
     Patrick A. Jackson        Associate   $565
     Joseph N. Argentina, Jr.  Associate   $450
     Ravi Vohra                Associate   $390
     Tamara L. Stoner          Paralegal   $350

Steven K. Kortanek, attorney at law and a partner at the law firm
of Drinker Biddle & Reath LLP, attests that Drinker Biddle does not
have an interest adverse to the Debtors' estates and is a
"disinterested person," as that term is defined in section 101(14)
of the Bankruptcy Code, as modified by section 1103(b) of the
Bankruptcy Code.

The Firm can be reached through:

     Steven K. Kortanek, Esq.
     Patrick A. Jackson, Esq.
     DRINKER BIDDLE & REATH LLP
     222 Delaware Ave., Suite 1410
     Wilmington, DE 19801-1621
     Telephone: (302) 467-4200
     Facsimile: (302) 467-4201
     Email: steven.kortanek@dbr.com
            patrick.jackson@dbr.com

          - and -

     Robert K. Malone, Esq.
     Ravi Vohra, Esq.
     DRINKER BIDDLE & REATH LLP
     600 Campus Drive
     Florham Park, NJ 07932-1047
     Tel: (973) 549-7000
     Fax: (973) 360-9831
     E-mail: robert.malone@dbr.com
             ravi.vohra@dbr.com

                  About Aerospace Holdings

Aerospace Holdings, Inc., designs and manufactures a wide variety
of products, including machined parts, fabricated components, and
tooling for the commercial aerospace and defense markets.  The
company encompasses a full spectrum of precision manufacturing
capabilities for any scale, from individual prototypes to large lot
production.

The Debtor sought Chapter 11 protection (Bankr. D. Del. Case No.
17-10635) on March 27, 2017.  The petition was signed by Matthew
Sedigh, chief restructuring officer.  The Debtor estimated assets
in the range of $10 million to $50 million and $50 million to $100
million in debt.

The Debtor tapped Dennis A. Meloro, Esq., and Nancy A. Mitchell,
Esq., at Greenberg Traurig, LLP, as counsel.

An Official Committee of Unsecured Creditors has been appointed in
the Chapter 11 case.


AEROSPACE HOLDINGS: Gavin/Solmonese as Panel's Financial Advisor
----------------------------------------------------------------
The Official Committee of Unsecured Creditors of Aerospace
Holdings, Inc., and its debtor-affiliates seeks authorization from
the US Bankruptcy Court for the District of Delaware to retain
Gavin/Solmonese LLC as financial advisor.

Financial advisory services to be rendered by Gavin are:

     a) review and analyze the businesses, management, operations,
properties, financial condition and prospects of the Debtors;

     b) review and analyze historical financial performance, and
transactions between and among the Debtors, their creditors,
affiliates and other entities;

     c) review the assumptions underlying the business plans and
cash flow projections for the assets involved in any potential
asset sale or plan of reorganization;

     d) determine the reasonableness of the projected performance
of the Debtors, both historically and future;

     e) monitor, evaluate and report to the Committee with respect
to the Debtors' near-term liquidity needs, material operational
changes and related financial and operational issues;

     f) review and analyze all material contracts and/or
agreements;

     g) assist and procure and assemble any necessary validations
of asset values;

     h) provide ongoing assistance to the Committee and the
Committee's legal counsel;

     i) evaluate the Debtors' capital structure and making
recommendations to the Committee with respect to the Debtors'
efforts to reorganize their business operations and/or confirm a
restructuring or liquidating plan;

     j) assist the Committee in preparing documentation required in
connection with creating, supporting or opposing a plan and
participating in negotiations on behalf of the Committee with the
Debtors or any groups affected by a plan;

     k) assist the Committee in marketing the Debtors' assets with
the intent of maximizing the value received for any such assets
from any such sale;

     l) provide ongoing analysis of the Debtors' financial
condition, business plans, capital spending budgets, operating
forecasts, management and the prospects for their future
performance, and;

     m) render other tasks as the Committee or its counsel may
reasonably request in the course of exercise of the Committee's
duties in these cases.

Gavin/Solmonese current hourly rates are:

     Edward T. Gavin, CTP $650.00 /hour
     Jeremy Van Etten $425.00 /hour

Edward T. Gavin, Managing Director of Gavin/Solmonese LLC, attests
that neither he, nor Gavin/Solmonese, nor any Employee or
professional of Gavin/Solmonese, nor any Associate of
Gavin/Solmonese, has any other connection with the Debtors, their
creditors, the Trustee, the Office of the United States Trustee or
any employee of that office or any other parties in interest; or
has any other interest, direct or indirect, which may affect or be
affected by the provision of services proposed.

The Firm can be reached through:

     Edward T. Gavin IV, CTP
     GAVIN/SOLMONESE LLC
     919 N. Market Street, Suite 600
     Wilmington, DE 19801
     Phone: 302-655-8997
     Fax: 302-655-6063
     Email: ted.gavin@gavinsolmonese.com

                  About Aerospace Holdings

Aerospace Holdings, Inc., designs and manufactures a wide variety
of products, including machined parts, fabricated components, and
tooling for the commercial aerospace and defense markets.  The
company encompasses a full spectrum of precision manufacturing
capabilities for any scale, from individual prototypes to large lot
production.

The Debtor sought Chapter 11 protection (Bankr. D. Del. Case No.
17-10635) on March 27, 2017.  The petition was signed by Matthew
Sedigh, chief restructuring officer.  The Debtor estimated assets
in the range of $10 million to $50 million and $50 million to $100
million in debt.

The Debtor tapped Dennis A. Meloro, Esq., and Nancy A. Mitchell,
Esq., at Greenberg Traurig, LLP, as counsel.

An Official Committee of Unsecured Creditors has been appointed in
the Chapter 11 case.


AES CORP: Moody's Hikes CFR to Ba2; Outlook Stable
--------------------------------------------------
Moody's Investors Service upgraded The AES Corporation's (AES)
ratings, including the Corporate Family Rating (CFR) and senior
unsecured rating to Ba2 from Ba3. Concurrently, Moody's assigned a
Ba1 senior secured rating to AES' planned new $525 million Term
Loan B. AES' Speculative Grade Liquidity Rating of SGL-2 was
affirmed. The outlook is stable. AES plans to use the proceeds
raised in connection with the execution of the Term Loan B to repay
its $517 million Trust Notes as well as for general corporate
purposes.

RATINGS RATIONALE

The upgrade of AES' ratings reflects Moody's expectations that AES'
holdco-only and consolidated key credit metrics will continue to
improve and become better positioned within the Ba-rating category.
Specifically, Moody's expects that its parent-only cash flow from
operations (POCF) to holdco-only debt and consolidated funds from
operations (FFO) to debt will both exceed 14%.

The improvement of the parent only metrics is largely driven by
AES' use of internally generated cash flow, along with proceeds
from non-core asset sales (for example, from the AES Sul disposal:
$300 million), to fully fund the holdco-debt prepayment, including
$341MM during 1Q2017; as well as the acquisition of a 50%-ownership
stake in sPower ($382 million); other equity contributions; and
dividend payments (target: 8%-10% average annual growth). The
improvement in parent only cash flow is further underpinned by AES'
$400 million 2012-2020 cost savings program (2017: $50 million) and
its reduced interest payments as its holdco-debt progressively
declines which will not represent more than 23% of the consolidated
debt.

Moody's expectation that the consolidated key credit metrics will
become better positioned within the Ba-rating category over the
medium-term also factors in AES' projects scheduled amortization
along with the planned deconsolidation of Eletropaulo Metropolitana
- Eletricidade de São Paulo S.A. (Eletropaulo; Ba3 stable;
interest stake: 17%) which will reduce the consolidated debt by
around $1 billion. It also considers the progressive debt-reduction
at DPL Inc. (Ba3, negative; total debt year-end 2016: $1.9 billion)
should the Ohio Commission approve the multi-party settlement
agreement executed in March 2017. This reduction in consolidated
debt will help offset the impact of the increased financial
leverage to fund key growth projects until they start generating
cash flows following their scheduled completion in the 2017-2021
period. These assets include AES' 50.1% stake in the combined cycle
and liquefied natural gas regasification projects in Panama (total
debt: nearly $500 million; outstanding at year-end 2016: $180
million) as well as the 1,384 MW Southland repowering project.
Moody's also expects that AES will not consolidate its 50% interest
in sPower after the completion of that acquisition (outstanding
debt nearly $680 million) and that AES Gener's (Baa3 stable;
interest stake: 66.7%) consolidated scheduled project debt
amortization, along with additional corporate debt repayments, will
help to partially offset the increased project debt (+$950 million)
associated with the 531MW Alto Maipo hydro-electric project until
its commissioning in 2019.

The upgrade of AES' CFR to Ba2 also factors in the group's
progressive improvement in its business risk profile as it plans to
exit the merchant power generation business, including DPL's plans
to divest its coal-fired units and the recent disposal of the
coal-fired assets in Kazakhstan. It also considers that the
long-term US$-denominated contracts of its growth initiatives in
natural gas, renewables and battery-storage will help enhance the
group's cash flow visibility.

The stable outlook reflects Moody's expectations that financial
metrics will gradually improve despite the execution risk and
challenges inherent in AES' growth strategy, particularly with
regard to construction risk in light of the delays faced at Alto
Maipo and Indianapolis Power & Light Company's (Baa1 stable) Eagle
Valley natural gas combined cycle plant. The stable outlook
captures the benefits of the group's size and scale as well as its
operational and geographic diversity as evidenced by the ability of
non-core subsidiaries' dividends to offset the reduced distribution
from some core subsidiaries (including Gener). The stable outlook
acknowledges AES' successive exit of several non-core emerging
markets but considers that AES is still exposed to several
non-investment grade countries.

Outlook

AES' liquidity remains adequate and its speculative grade liquidity
rating of SGL-2 reflects good liquidity prospects for the next
twelve months. The SGL-2 factors in Moody's expectations that AES
will use its positive parent free cash flow (expected to range
between $575-$675 million) in 2017 along with cash (target balance
at year-end 2017: $50 million) and net proceeds from asset sales
(2017: $800 million; including $300 million from the sale of Sul)
to fund all of its capital requirements. These include its equity
contributions (2017: $350 million), its 50% share in the
acquisition of sPower ($382 million) and holdco-debt repayment
($341 million). The SGL-2 assumes limited borrowings under its $800
million committed revolving credit facility which was recently
extended to 2021 (from July 2018). During 2017, AES has borrowed
around $127 million under the facility (no amounts outstanding at
year-end 2016) but plans to repay most of it later this year. The
SGL-2 also anticipates that AES' will maintain substantial headroom
with its two financial covenant requirements: a minimum parent
operating cash flow coverage and a maximum level of recourse debt
relative to cash flow. Excluding non-recourse maturities, AES does
not have any major debt maturities until 2019.

Factors that Could Lead to an Upgrade

An upgrade of the rating could be considered if progress is
achieved in successfully executing the group's material growth
initiatives, if AES' holdco debt continues to decline as a
percentage of total consolidated debt, and if consolidated key
credit metrics continue to improve such that Moody's expects that
its POCF to holdco-debt and Consolidated FFO to debt will exceed
16%, respectively, on a sustained basis.

Factors that Could Lead to a Downgrade

Material challenges in the group's construction program in terms of
delays and/or cost overruns or if the group's business risk profile
is weaker than currently anticipated could result in rating
downgrade. Negative momentum is also likely if AES' parent-only and
consolidated metrics do not progressively improve over the next few
years such that they become better positioned within the Ba-rating
category; including POCF to debt and consolidated FFO to debt below
12%, respectively, on a sustained basis.

The principal methodology used in these ratings was Unregulated
Utilities and Unregulated Power Companies published in October
2014.

The AES Corporation is a globally diversified power holding company
that owns a portfolio of electricity generation and distribution
businesses in 17 countries. AES' assets are largely financed on a
non-recourse basis and include a combination of regulated utilities
as well as merchant and contracted generating facilities. In total,
AES has ownership interests in approximately 35,000 MW of
generating capacity across the globe and serves retail customers
via its distribution subsidiaries in three countries.
Upgrades:

Issuer: AES Corporation, (The)

-- Probability of Default Rating, Upgraded to Ba2-PD from Ba3-PD

-- Corporate Family Rating, Upgraded to Ba2 from Ba3

-- Senior Unsecured Regular Bond/Debenture, Upgraded to Ba2
    (LGD4) from Ba3 (LGD4)

Issuer: AES Trust III

-- Backed Pref. Stock Preferred Stock, Upgraded to B1 (LGD6) from

    B2 (LGD6)

Assignments:

Issuer: AES Corporation, (The)

-- Senior Secured Term Loan B, Assigned Ba1 (LGD2)

Outlook Actions:

Issuer: AES Corporation, (The)

-- Outlook, Changed To Stable From Positive

Affirmations:

Issuer: AES Corporation, (The)

-- Speculative Grade Liquidity Rating, Affirmed SGL-2


AFTOKINITO RALLY: Car Owners' Claims Bar Date Set for May 31
------------------------------------------------------------
All persons claiming vehicles held by Aftokinito Rally, Inc., d/b/a
DUSTYOLDCARS.COM, are required to provide notice of that claim to
the Court and other parties in interest by filing a proof of claim
with the Bankruptcy Court on or before May 31, 2017.

The proofs of claim should be filed with the Clerk of the
Bankruptcy Court at:

     Bankruptcy Court Clerk
     10th Floor, 1000 Elm Street
     Manchester, NH 03101

The official form proof of claim may be found at
http://www.nhb.uscourts.gov/rules-and-forms

Additional information may be obtained from:

     Ryan Borden, Esq.
     Ford & McPartlin, P.A.
     10 Pleasant Street, Suite 400
     Portsmouth, N.H. 03801
     Tel: 603-433-2002

Aftokinito Rally, Inc., a Nashua antique car dealership, filed a
voluntary Chapter 11 bankruptcy petition (Bankr. D N.H. Case No.
17-10184) on Feb. 16, 2017, listing under $10 million in assets and
$500,001 to $1 million in liabilities.  

Counsel to the Debtor is:

     William S. Gannon, Esq.
     William S. Gannon PLLC
     889 Elm Street, 4th Floor
     Manchester, NH 03101
     Tel: (603) 621-0833
     Fax: (603) 621-0830
     E-mail: bgannon@gannonlawfirm.com

          - and -

     James S. LaMontagne, Esq.
     Sheehan, Phinney, Bass & Green
     P.O. Box 3701
     1000 Elm Street
     Manchester, NH 03105-3701
     Tel: (603) 668-0300
     E-mail: nhbankruptcycourt@sheehan.com

The Hon. Bruce A Harwood presides over the case.  In March 2017,
Judge Harwood appointed Michael S. Askenaizer as Chapter 11
Trustee.  At the behest of the Chapter 11 Trustee in April, the
Court converted the Chapter 11 bankruptcy to Chapter 7.


AHP HOME: Asks For Court's Permission to Use Cash Collateral
------------------------------------------------------------
AHP Home Health Care, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Middle District of Florida to use cash
collateral, nunc pro tunc to the Petition Date.

Secured creditor World Business Lenders, LLC, holds a claim secured
by a UCC1 lien and Mortgage on the Debtor's real property and
account receivables.  The Debtor uses the real property for its
business location and the account receivables for debt payment,
payroll and other related business expenses.

On May 12, 2015, the Debtor executed a UCC1 Financing Statement
which encumbered all of the Debtor's cash collateral in relation to
the World Business Mortgage.

There is currently owing to World Business the approximate amount
of $79,375 on the mortgage.

Due to the Mortgage and UCC1, the Debtor proposes to pay interest
only payments to World Business as adequate protection to World
Business.  The payments would commence on June 1, 2017, and
continue until the confirmation of any Plan in this case.
The mortgage is escrowed.

The Debtor pays a small salary (to the majority shareholder) and
utilizes the remaining funds to pay contractors, salaries,
insurance and other necessary operating expenses.  Without the
ability to use the cash collateral and pay necessary expenses, the
Debtor's business operations will cease and the Debtor will be
prevented from effectively reorganizing debts through the Chapter
11 case.

The Debtor is willing to enter into an agreement with the secured
creditor(s) to provide a post-petition replacement lien, in the
same priority and extent of any prepetition lien, without
determining the extent or existence of the lien.

The Debtor proposes to make adequate protection payments in these
amounts:

                                          Payment Amount
                                          With Start Date of
             Lender                       June 1, 2017
             ------                       ------------------
     World Business Lenders, LLC
     101 Hudson Street 33rd             $266 per month interest

     Floor Jersey City NJ 07302-0000    only –4% with 15 day
grace
                                        period prior to default

The budget is available at:

            http://bankrupt.com/misc/flmb17-01644-2.pdf

The Debtor is represented by:

     Bryan K. Mickler, Esq.
     LAW OFFICES OF MICKLER & MICKLER, LLP
     5452 Arlington Expressway
     Jacksonville, FL 32211
     Tel: (904) 725-0822
     Fax: (904) 725-0855
     E-mail: bkmickler@planlaw.com

Headquartered in Jacksonville, Florida, AHP Home Health Care, Inc.,
filed for Chapter 11 bankruptcy protection (Bankr. M.D. Fla. Case
No. 17-01644) on May 5, 2017.  Judge Paul M. Glenn presides over
the case.  Bryan K. Mickler, Esq., serves as the Debtor's
bankruptcy counsel.


ALEIDA JOHNSON: Supreme Court Backs Bids to Collect Outdated Debt
-----------------------------------------------------------------
The Fair Debt Collection Practices Act, 91 Stat. 874, 15 U. S. C.
Section 1692 et seq., prohibits a debt collector from asserting any
"false, deceptive, or misleading representation," or using any
"unfair or unconscionable means" to collect, or attempt to collect,
a debt, Sections 1692e, 1692f.

In MIDLAND FUNDING, LLC, Petitioner, v. ALEIDA JOHNSON, No. 16-348
(U.S.), a debt collector filed a written statement in a Chapter 13
bankruptcy proceeding claiming that the debtor owed the debt
collector money.  The statement made clear, however, that the
6-year statute of limitations governing collection of the claimed
debt had long since run.

The question before the U.S. Supreme Court is whether the debt
collector's filing of that statement falls within the scope of the
aforementioned provisions of the Fair Debt Collection Practices
Act.

The Supreme Court, voting 5-3, concluded that it does not.  The
Supreme Court concluded that filing (in a Chapter 13 bankruptcy
proceeding) a proof of claim that is obviously time barred is not a
false, deceptive, misleading, unfair, or unconscionable debt
collection practice within the meaning of the Fair Debt Collection
Practices Act.

"The result of decision appears to give creditors a free pass to
file stale claims without fearing FDCPA liability," Andrew Muller,
Esq., a partner at Stinson Leonard Street LLP, said in an interview
with Bloomberg News. "The flip side is that trustees and debtors'
lawyers may be under increased pressure to more closely review
claims to determine whether the claims are subject to a statute of
limitations defense," Muller said.

Justice Sonia Sotomayor filed a dissenting opinion in which
Justices Ruth Bader Ginsburg and Elena Kagan join, Greg Stohr and
Dawn McCarty, writing for Bloomberg News, said.  Justice Neil
Gorsuch, who joined the court after the case was argued in January,
didn't participate in the ruling, the report said.

"Professional debt collectors have built a business out of buying
stale debt, filing claims in bankruptcy proceedings to collect it,
and hoping that no one notices that the debt is too old to be
enforced by the courts," Justice Sotomayor wrote, according to
Bloomberg.  "This practice is both '"unfair"' and
'"unconscionable,"' she added.

"Debt collectors do not file these claims in good faith; they file
them hoping and expecting that the bankruptcy system will fail,"
Justice Sotomayor wrote, the report added.

The case is Midland Funding v. Johnson, 16-348.

A full-text copy of the Decision dated May 15, 2017, is available
at https://is.gd/weJM8a from Leagle.com.

Kannon K. Shanmugam, Williams & Connolly LLP, kshanmugam@wc.com,
Attorneys for Petitioner, Midland Funding, LLC.

Daniel L. Geyser, Stris & Maher LLP, daniel.geyser@strismaher.com,
Attorneys for Respondent, Aleida Johnson.

G. Eric Brunstad, Jr., Dechert LLP, eric.brunstad@dechert.com, for
G. Eric Brunstad, Jr.

Craig Goldblatt, Wilmer Cutler Pickering Hale and Dorr LLP,
craig.goldblatt@wilmerhale.com, for Resurgent Capital Services,
L.P.

Sarah Elaine Harrington, Assistant to the Solicitor General,
Department of Justice, SupremeCtBriefs@USDOJ.gov, for United
States.

Henry E. Hildebrand, III., Chapter 13 Standing Trustee,
hank@ch13bna.com, for National Association of Chapter Thirteen
Trustees.

Whitman L. Holt, Klee, Tuchin, Bogdanoff & Stern, LLP,
wholt@ktbslaw.com, for National Association of Consumer Bankruptcy
Attorneys, et al.

Donald S. Maurice, Jr., Maurice Wutscher, LLP,
dsm@mauricewutscher.com, for DBA International, Inc.

Brian Ross Melendez, Dykema Gossett, PLLC, bmelendez@dykema.com,
for ACA International.

Julie A. Murray, Public Citizen Litigation Group,
jmurray@citizen.org, for Public Citizen, Inc., et al.

Manuel H. Newburger, Barron & Newburger, PC,
mnewburger@bn-lawyers.com, for NARCA — The National Creditors Bar
Association, et al.

Helgi C. Walker, Gibson Dunn & Crutcher LLP,
hwalker@gibsondunn.com, for The Chamber of Commerce of the United
States of America.

Jeffrey B. Wall, Acting Solicitor General, United States Department
of Justice, SupremeCtBriefs@USDOJ.gov, for United States.

BREYER, J., delivered the opinion of the Court, in which ROBERTS,
C. J., and KENNEDY, THOMAS, and ALITO, JJ., joined. SOTOMAYOR, J.,
filed a dissenting opinion, in which GINSBURG and KAGAN, JJ.,
joined. GORSUCH, J., took no part in the consideration or decision
of the case.


ALLIED ELECTRICAL: May Use Cash Collateral Through June 2
---------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas has
entered a second agreed interim order authorizing Allied Electrical
Group of Texas, Inc.'s cash collateral use through June 2, 2017.

A hearing on the Debtor's request for the continued use of cash
collateral will be held on May 30, 2017, at 10:00 a.m.

A copy of the court order and the budget is available at:

           http://bankrupt.com/misc/txnb17-31585-29.pdf

As a result of the IRS liens on all property and rights to property
belonging to the Debtor, the IRS asserts that all rents, income,
revenues, profits, property receipts, and insurance proceeds
generated by or related to the Debtor’s property and business
operations and all cash, negotiable instruments, deposit accounts
or other cash equivalents related thereto, whether existing on or
received by the Debtor subsequent to the Petition Date, are and
will constitute the IRS's cash collateral.

The Debtor asserts that the use of cash collateral is necessary for
the Debtor to continue to operate its business.  Without the use of
cash collateral, the Debtor asserts that it will not be able to pay
postpetition operating expenses and obtain goods and services
needed to carry on its business in a manner that will avoid
irreparable harm to the Debtor's estate.  The Debtor further
asserts that its ability to use cash collateral is necessary to
preserve and maintain the going concern value of the Debtor's
estate.

The Debtor has no cash other than the cash subject to the IRS
Liens.  The IRS does not oppose the Debtor's use of cash collateral
for the period of May 6, 2017, to June 2, 2017.

As partial adequate protection to the IRS for the Debtor's use of
cash collateral, the interest in the Debtor's assets securing the
indebtedness to the IRS, the IRS will be and hereby is granted
from, on and after the Petition Date, valid and automatically
perfected co-extensive with the IRS' prepetition liens, in all
currently owned or after acquired property and assets of the
Debtor, including, but not limited to, the proceeds, products and
offspring of property and assets, but specifically excluding causes
of action and recoveries under Chapter 5 of the Bankruptcy Code.

Notwithstanding the foregoing, however, nothing contained in this
Second Agreed Interim Order will be construed to (a) grant IRS
liens which are senior to any ad valorem property tax liens, or (b)
determine that IRS holds liens against the Debtor's assets that are
senior to liens securing ad valorem property taxes.

As reported by the Troubled Company Reporter on May 9, 2017, the
Court authorized the use of cash collateral, upon the consent of
the IRS, statutory lien holder, on an interim basis until May 5,
2017.

The Debtor is indebted to the IRS for taxes, penalties and interest
for Section 941 taxes in the aggregate amount of approximately
$262,000, pursuant to which, the IRS placed a levy on the cash in
the Debtor's primary bank account.

              About Allied Electrical Group of Texas

Allied Electrical Group of Texas, Inc., provides electrical
construction and service throughout the Dallas/Fort Worth
Metroplex.

Allied Electrical Group of Texas, Inc. filed a Chapter 11 petition
(Bankr. N.D. Tex. Case No. 17-31585) on April 20, 2017.  

The Debtor is represented by J. Mark Chevallier, Esq., and James G.
Rea, Esq., at McGuire Craddock Strother PC.  The Petition was
signed by Christine E. Delgado, president and director.  At the
time of filing, the Debtor had estimated assets and liabilities
ranging from $100,000 to $500,000.


ALPHA NATURAL: Contura Energy Files Initial Public Offering Plans
-----------------------------------------------------------------
Tom Zanki, writing for Bankruptcy Law360, reports that Contura
Energy Inc., formed out of Alpha Natural Resources Inc.'s
bankruptcy restructuring, filed initial public offering plans.  A
regulatory filing shows that Contura Energy was advised by Davis
Polk & Wardwell LLP, and listed $100 million as its fundraising
target.

                 About Alpha Natural Resources

Headquartered in Bristol, Virginia, Alpha Natural --
http://www.alphanr.com/-- is a coal supplier, ranked second      
largest among publicly traded U.S. coal producers as measured by
2014 consolidated revenues of $4.3 billion.  As of August 2015,
Alpha had 8,000 full time employees across many different states,
with UMWA representing 1,000 of the employees.

Alpha Natural Resources, Inc. (Bankr. E.D. Va. Case No. 15-33896)
and its affiliates filed separate Chapter 11 bankruptcy petitions
on Aug. 3, 2015, listing $9.9 billion in total assets as of June
30, 2015, and $7.3 billion in total liabilities as of June 30,
2015.

The petitions were signed by Richard H. Verheij, executive vice
president, general counsel and corporate secretary.

Judge Kevin R. Huennekens presides over the cases.

David G. Heiman, Esq., Carl E. Black, Esq., and Thomas A. Wilson,
Esq., at Jones Day serve as the Debtors' general counsel.  Tyler
P. Brown, Esq., J.R. Smith, Esq., Henry P. (Toby) Long, III, Esq.,
and Justin F. Paget, Esq., serve as the Debtors' local counsel.

Rothschild Group is the Debtors' financial advisor.  Alvarez &
Marshal Holdings, LLC, is the Debtors' investment banker.
Kurtzman Carson Consultants, LLC, is the Debtors' claims and
noticing agent.

The U.S. Trustee for Region 4 appointed seven creditors of Alpha
Natural Resources Inc. to serve on the official committee of
unsecured creditors.  Dennis F. Dunne, Esq., Evan R. Fleck, Esq.,
and Eric K. Stodola, Esq., at Milbank, Tweed, Hadley & McCloy LLP;
and William A. Gray, Esq., W. Ashley Burgess, Esq., and Roy M.
Terry, Jr., Esq. at Sands Anderson PC, represent the Committee.

Alpha Natural Resources on July 7, 2016, said its plan of
reorganization has been confirmed by the Bankruptcy Court.  On
July 26, Alpha Natural Resources and its affiliates emerged from
Chapter 11 bankruptcy protection.  The reorganized company is a
smaller, privately held company operating 18 mines and eight
preparation plants in West Virginia and Kentucky.


ALPHATEC HOLDINGS: Director Cross Will Not Stand for Re-Election
----------------------------------------------------------------
The Board of Directors of Alphatec Holdings, Inc. was informed by
Leslie H. Cross, whose term on the Board will expire at the annual
meeting of stockholders to be held on June 15, 2017, that he has
chosen not to stand for re-election at the annual meeting.  Mr.
Cross is also a member of the Board's Executive Committee, which
membership will cease upon expiration of his term on the Board, and
a director of the Company's wholly-owned subsidiary, Alphatec
Spine, Inc.  Mr. Cross has informed the Board that he intends to
voluntarily resign from the Board of Directors of Alphatec Spine,
Inc., effective June 15, 2017.  Mr. Cross has informed the Board
that his decision not to stand for re-election is not the result of
any disagreement with the Company.

                   About Alphatec Holdings

Alphatec Holdings, Inc., the parent company of Alphatec Spine, Inc.
-- http://www.alphatecspine.com/-- is a medical technology company
focused on the design, development and promotion of products for
the surgical treatment of spine disorders.  The Company has a
comprehensive product portfolio and pipeline that addresses the
cervical, thoracolumbar and intervertebral regions of the spine and
covers a variety of spinal disorders and surgical procedures.  Its
principal product offerings are focused on the global market for
fusion-based spinal disorder solutions.  The Company believes that
its products and systems are attractive to surgeons and patients
due to enhanced product features and benefits that are designed to
simplify surgical procedures and improve patient outcomes.

Alphatec reported a net loss of $29.92 million on $120.24 million
of revenues for the year ended Dec. 31, 2016, compared to a net
loss of $178.67 million on $134.38 million of revenues for the year
ended Dec. 31, 2015.  As of Dec. 31, 2016, Alphatec had $94.18
million in total assets, $112.08 million in total liabilities,
$23.60 million in redeemable preferred stock and a total
stockholders' deficit of $41.50 million.


AMERICAN INT'L GROUP: EX-CEO's Claim on Gov't Bailout Rejected
--------------------------------------------------------------
Evan Weinberger, writing for Bankruptcy Law360, reports that the
Federal Circuit has rejected the claims of Maurice R. "Hank"
Greenberg, former CEO of American International Group Inc., and his
current company Starr International Co. Inc. that the government
engaged in an unconstitutional taking of property when it demanded
and received 80% of the Company's stock in exchange for an $85
billion bailout in September 2008.

Experts say that the Federal Circuit's decision reversing Mr.
Greenberg's win in his campaign against the government over its
bailout of the Company could further strengthen the government's
hand in future crises, Law360 relates.

                          About AIG

With corporate headquarters in New York, American International
Group, Inc., is an international insurance company, serving
customers in more than 130 countries.  AIG companies serve
commercial, institutional and individual customers through
property-casualty networks of any insurer. In addition, AIG
companies are providers of life insurance and retirement services.

At the height of the 2008 financial crisis, AIG experienced a
liquidity crunch when its credit ratings were downgraded below
"AA" levels by Standard & Poor's, Moody's Investors Service and
Fitch Ratings.  AIG almost collapsed under the weight of bad bets
it made insuring mortgage-backed securities.  The Company,
however, was bailed out by the Federal Reserve, but even after an
initial infusion of $85 billion, losses continued to grow.  The
later rescue packages brought the total to $182 billion, making it
the biggest federal bailout in U.S. history.  AIG sold off a
number of its businesses and other assets to pay down loans
received from the U.S. government.


AMPLIPHI BIOSCIENCES: Prices $10.4 Million Public Offering
----------------------------------------------------------
AmpliPhi Biosciences Corporation announced the pricing of an
underwritten public offering of 6,956,522 shares of its common
stock (or pre-funded warrants to purchase common stock in lieu
thereof), and common warrants to purchase up to an aggregate of
6,956,522 shares of common stock.  Each share of common stock and,
as applicable, pre-funded warrant is being sold together with a
common warrant to purchase one share of common stock at a combined
effective price to the public of $1.50 per share and accompanying
common warrant.  For each pre-funded warrant AmpliPhi sells, the
number of shares of common stock AmpliPhi is offering will be
decreased on a one-for-one basis.

The common warrants will be immediately exercisable at a price of
$1.50 per share of common stock and will expire five years from the
date of issuance.  The shares of common stock or the pre-funded
warrants, and the accompanying common warrants, can only be
purchased together in the offering but will be issued separately
and will be immediately separable upon issuance.  The offering is
expected to close on or about May 10, 2017, subject to customary
closing conditions.

Rodman & Renshaw, a unit of H.C. Wainwright & Co., is acting as the
sole book-running manager for the offering.

AmpliPhi also has granted to the underwriter a 30-day option to
purchase up to an additional 1,043,478 shares of common stock
and/or warrants to purchase up to 1,043,478 shares of common stock
of AmpliPhi, at the public offering price less discounts and
commissions.

The net proceeds to AmpliPhi from this offering are expected to be
approximately $9.8 million, after deducting underwriting discounts
and commissions and before deducting other offering expenses
payable by AmpliPhi, and excluding any proceeds that may be
received upon exercise of the warrants.  AmpliPhi anticipates using
the net proceeds from the offering for general corporate purposes,
including manufacturing expenses, clinical trial expenses, research
and development expenses and general and administrative expenses.

A registration statement relating to these securities was declared
effective by the Securities and Exchange Commission on
May 4, 2017.  The offering is being made only by means of a
prospectus forming part of the effective registration statement.
Copies of the final prospectus relating to the offering, when
available, may be obtained for free by visiting the SEC's website
at http://www.sec.gov,or alternatively from the offices of H.C.
Wainwright & Co., LLC by e-mail at placements@hcwco.com or by phone
at 646-975-6996.

                     About AmpliPhi

AmpliPhi Biosciences Corp. is a biotechnology company focused on
the discovery, development and commercialization of novel phage
therapeutics.  Its principal offices occupy approximately 1,000
square feet of leased office space pursuant to a month-to-month
sublease, located at 3579 Valley Centre Drive, Suite 100, San
Diego, California.  It also leases approximately 700 square feet of
lab space in Richmond, Virginia, approximately 5,000 square feet of
lab space in Brookvale, Australia, and approximately 6,000 square
feet of lab and office space in Ljubljana, Slovenia.

Ampliphi reported a net loss attributable to common stockholders of
$24.27 million for the year ended Dec. 31, 2016, compared to a net
loss attributable to common stockholders of $10.79 million for the
year ended Dec. 31, 2015.  As of Dec. 31, 2016, AmpliPhi had $18.19
million in total assets, $8.47 million in total liabilities and
$9.72 million in total stockholders' equity.

Ernst & Young LLP, in San Diego, California, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that the Company has recurring
losses and negative cash flows from operations that raise
substantial doubt about its ability to continue as a going concern.


ANTIGUA CANTINA: Unsecureds to Recoup 100% Over 5 Yrs at 4.25%
--------------------------------------------------------------
Antigua Cantina & Grill, Inc., filed with the U.S. Bankruptcy Court
for the Eastern District of California a second amended disclosure
statement dated May 5, 2017, referring to the Debtor's second
amended plan of reorganization filed on May 5, 2017.

Class 13 General Unsecured Class is impaired by the Plan.  The
Debtor estimates that the total amount of Class 13 general
unsecured claims to be approximately $8,208.52, consisting solely
of the allowed unsecured claim of the Sacramento Municipal Utility
District.  The Debtor will repay 100% of allowed unsecured claims
in equal monthly installments over five years from the Effective
Date of the Plan.  Interest on Allowed Unsecured Claims will accrue
at the rate of 4.25% per annum.  On the first day of the month
following the month in which the Effective Date of the Plan occurs,
the Debtor will start monthly payments, consisting of principal and
interest, in the amount of $152.10 on Class 13 general unsecured
claims.  The payments will continue until the Class 13 general
unsecured claims are paid in full.

Payments and distributions under the Plan will be funded by the
proceeds and profits of leasing the property commonly known as 2019
O Street, Sacramento, California.

The Second Amended Disclosure Statement is available at:

        http://bankrupt.com/misc/caeb15-29600-116.pdf

                     About Antigua Cantina

Antigua Cantina & Grill, Inc., based in Sacramento, CA, filed a
Chapter 11 petition (Bankr. E.D. Cal. Case No. 15-29600) on Dec.
14, 2015.  The Hon. Michael S. McManus presides over the case.
Noel Knight, Esq., at the Law Offices of Noel Knight, as bankruptcy
counsel.

In its petition, the Debtor estimated $1 million to $500,000 in
both assets and liabilities.  The petition was signed by Felipe
Olvera, Jr., president.


ARCONIC INC: Completes Debt-for-Equity Exchange
-----------------------------------------------
Arconic Inc. announced the completion on May 4, 2017, of the
exchange of its remaining 12,958,767 shares of common stock of
Alcoa Corporation for $428,635,000 aggregate principal amount of
Arconic debt held by Citigroup Global Markets Inc. and Credit
Suisse Securities (USA) LLC.  The debt-for-equity exchange is
intended to qualify as generally tax-free to Arconic for U.S.
federal income tax purposes.  The completion of the debt-for-equity
exchange marks Arconic's exit of its ownership stake in Alcoa.

Arconic also purchased with cash the remainder of the debt held by
Citigroup and Credit Suisse: $1,961,000 in aggregate principal
amount of Arconic's 6.500% Senior Notes due 2018 and $79,517,000 in
aggregate principal amount of its 6.750% Senior Notes due 2018.

Taken together, Arconic actions in 2017 have resulted in the
Company reducing its total debt by approximately $800 million.  As
indicated at its December 2016 Investor Day, Arconic intends to
reduce its debt by $1 billion in the first half of 2017.

                     About Arconic Inc.

Arconic Inc., formerly Alcoa Inc., is engaged in lightweight metals
engineering and manufacturing.

Arconic reported a net loss of $941 million for the year ended Dec.
31, 2016, following a net loss of $322 million for the year ended
Dec. 31, 2015.  

As of March 31, 2017, Arconic had $20.15 billion in total assets,
$14.66 billion in total liabilities, and $5.49 billion in total
equity.


ARCONIC INC: Ratan Tata Quits as Director
-----------------------------------------
Ratan N. Tata notified the Board of Directors of Arconic Inc. that
he had decided to resign from the Board, effective May 2, 2017, in
order to devote additional time to his business interests.  As a
result of his resignation, Mr. Tata's nomination for election at
the Company's 2017 Annual Meeting of Shareholders has been
withdrawn, according to a Form 8-K report filed with the Securities
and Exchange Commission.

                    About Arconic Inc.

New York-based Arconic Inc. (NYSE: ARNC), formerly Alcoa Inc., is
engaged in lightweight metals engineering and manufacturing.
Arconic's products, which include aluminum, titanium, and nickel,
are used worldwide in aerospace, automotive, commercial
transportation, packaging, building and construction, oil and gas,
defense, consumer electronics, and industrial applications.

Arconic reported a net loss of $941 million for the year ended Dec.
31, 2016, following a net loss of $322 million for the year ended
Dec. 31, 2015.  

As of March 31, 2017, Arconic had $20.15 billion in total assets,
$14.66 billion in total liabilities and $5.49 billion in total
equity.


ASURION LLC: Moody's Keeps Ba3 rating on First-Lien Term Loan
-------------------------------------------------------------
Moody's Investors Service maintains a Ba3 rating on a first-lien
term loan that Asurion, LLC is increasing by approximately $1.2
billion to a total of $2.6 billion. The company will use proceeds
from the increased borrowing, due in November 2023, to prepay a
$1.2 billion first-lien term loan due in July 2020. Asurion, LLC is
an indirect subsidiary of Lonestar Intermediate Super Holdings, LLC
(corporate family rating B1), which is wholly owned by NEW Asurion
Corporation (NEW Asurion). The rating outlook for these issuers is
stable.

RATINGS RATIONALE

NEW Asurion continued to add subscribers in the US and
internationally through Q1 2017, driving further EBITDA growth and
a decline in financial leverage, according to Moody's. The
company's ratings reflect its dominant position in mobile device
services (Mobility) distributed through wireless carriers in the
US, Japan and other selected international markets. NEW Asurion
also has a good position in administration and underwriting of
extended warranty and product service and replacement plans
(Retail), mainly in the US. The group has a record of efficient
operations, excellent customer service and profitable growth in its
main business segments. These strengths are offset by the group's
high financial leverage, its business concentrations among certain
wireless carriers and retailers, and slowing growth prospects in
the relatively mature Retail segment. Also, risk management becomes
a greater challenge as the group expands internationally.

New Asurion has total borrowings of about $8 billion, resulting in
a debt-to-EBITDA ratio in the range of 5.5x-6x, (EBITDA - capex)
interest coverage in the range of 2x-2.5x, and a
free-cash-flow-to-debt ratio in the mid-single digits, per Moody's
calculations. These metrics incorporate Moody's accounting
adjustments for operating leases and noncontrolling interest
expense, and reflect interest expense mainly on a cash basis to
remove the effects of foreign exchange hedging. The rating agency
expects that NEW Asurion will continue reducing leverage over the
next 12-18 months through EBITDA growth and moderate debt
repayment, the latter based on gradual amortization of first-lien
term loans plus the allocation of a portion of excess cash flow to
loan prepayments.

NEW Asurion is owned by a consortium of private equity firms, other
institutional investors and company founders and managers. Through
a series of recapitalization transactions over the past few years,
the group has reduced the portion of equity held by private equity
firms from a majority to less than 30%, and Moody's expects this
trend to continue.

Factors that could lead to an upgrade of the group's ratings
include: (i) debt-to-EBITDA ratio below 5x, (ii) (EBITDA - capex)
coverage of interest exceeding 3.5x, (iii) free-cash-flow-to-debt
ratio above 8%, and (iv) EBITDA margins exceeding 22%.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA ratio above 6.5x, (ii) (EBITDA - capex) coverage of
interest below 2x, (iii) free-cash-flow-to-debt ratio below 4%, or
(iv) EBITDA margins below 16%.

The principal methodology used in this rating/analysis was
Insurance Brokers and Service Companies published in December 2015.


Based in Nashville, Tennessee, NEW Asurion is a global provider of
product protection and support services to the wireless, insurance,
retail and home repair service industries. The group has total
credit facilities exceeding $8 billion.


ATOPTECH INC: Avatar Wants to Bar Synopsys From Making Info Demands
-------------------------------------------------------------------
Avatar Integrated Systems, Inc., bidder for AtopTech Inc., asks the
U.S. Bankruptcy Court for the District of Delaware for a protective
order limiting the scope of Synopsys, Inc.'s notice of deposition
of Avatar.

Jeff Montgomery, writing for Bankruptcy Law360, reports that Avatar
sought the protective order barring Synopsys from making several
information demands.  According to court filings, Avatar said it
has dropped plans to lend the Debtor $6 million.  Law360 adds that
Avatar said it would waive the Committee on Foreign Investment in
the U.S. approval as a closing condition if its $9 million bid
wins.

On May 3, 2017, Synopsys served Stalking Horse Avatar with a
deposition notice and associated document requests in this case.
Synopsys purports to be acting in its capacity as a concerned
creditor, but the scope of Synopsys' requests to Avatar show that
Synopsys has ulterior motives for propounding discovery to Avatar.
Synopsys plainly hopes to (1) obtain information that it can use to
derail the Debtor's proposed transaction with Avatar by urging the
Committee on Foreign Investment in the United States to review and
disapprove the transaction, and (2) obtain information it believes
it can use in a future copyright infringement suit against Avatar,
should Avatar emerge as the winning bidder.

Synopsys -- who is the only other bidder besides Avatar, and will
be Avatar's competitor if Avatar has the winning bid -- seeks inter
alia testimony about (1) Avatar's post-acquisition business plans,
(2) Avatar's "consideration and plans" regarding seeking CFIUS
approval for the transaction; and (3) Avatar's "plans for running
the Debtor's business in compliance" with a Permanent Injunction
against copyright infringement entered in Synopsys' lawsuit against
Debtor pending in the United States District Court for the Northern
District of California.  None of the topics are relevant to a
creditor's deposition of a potential buyer, Avatar says.  The
Synopsys' proposed deposition topics seek all manner of information
that is confidential and privileged, and call for information that
is obviously intended for use in different forums.

Synopsys, as the only other bidder, has a vested interest in
derailing a transaction between Debtor and Avatar.  Moreover, if
Avatar is the winning bidder, Avatar will be Synopsys' competitor
in the electronic design automation business.  In that case,
Synopsys will also have a vested interest in attempting to drive
Avatar out of business through protracted copyright and
infringement proceedings.  Synopsys should not be permitted to use
discovery in this bankruptcy proceeding in furtherance of these
improper purposes, Avatar states.

Avatar says that the Synopsys Notice probes into matters that are
not relevant to the sale and seeks deposition testimony for
purposes unrelated to this contested matter.  Accordingly, a
Protective Order should issue limiting the scope of Synopsys'
proposed deposition of Avatar as discussed in connection with each
"Topic of Examination".

To the extent that Synopsys continues to request information from
Avatar that would be the subject of confidential proceedings before
CFIUS, or would otherwise request confidential and proprietary
business information, Avatar requests that any such testimony (and
associated documents), if any is permitted by the Court, be marked
confidential and be sealed.

A copy of the Motion is available at:

           http://bankrupt.com/misc/deb17-10111-305.pdf

                      About ATopTech, Inc.

ATopTech, Inc. -- http://www.atoptech.com/-- is in the business of
IC physical design. ATopTech claims its technology offers the
fastest time to design closure focused on advanced technology
nodes.  The use of state-of-the-art multi-threading and distributed
processing technologies speeds up the design process, resulting in
unsurpassed project completion times.

The Debtor presently maintains a strong IP portfolio that includes
seven U.S. patents.  The Debtor operates out of Santa Clara,
California, where its headquarter office is located.  The Debtor
operates a branch comprised of two offices, located in Taiwan,
which handle sales, customer support, research, and software
development.  In addition, the Debtor is the 100% owner of four
subsidiaries: ATopTech Co., Ltd., in Japan, ATopTech Korea Ltd. in
South Korea, ATopTech Design Automation Pvt. Ltd. in India and
ATopTech Design Solutions Israel Ltd. in Israel.

ATopTech, Inc., sought Chapter 11 protection (Bankr. D. Del. Case
No. 17-10111(MFW)) on Jan. 13, 2017.  Claudia Chen, vice president,
finance, signed the petition.  

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

Judge Mary F. Walrath is the case judge.

ATopTech has employed Dorsey & Whitney as bankruptcy counsel, and
Cowen and Company as its investment banker.  Wilson Sonsini
Goodrich & Rosati, Professional Corporation, serves as corporate
and transactional counsel to ATopTech.  Grant Thornton serves as
tax counsel; and Arnold & Porter serves as litigation counsel.
Epiq Bankruptcy serves as claims and notice agent.


AURORA DIAGNOSTICS: Early Tender Results of Private Exchange Offer
------------------------------------------------------------------
Aurora Diagnostics Holdings, LLC, and Aurora Diagnostics Financing,
Inc. disclosed the early tender results for their private offer to
exchange any and all of the Issuers' outstanding 10.750% Senior
Notes due 2018 for a combination of new 12.250% Increasing Rate
Senior Notes due 2020 of the Issuers and warrants to purchase
common units of the Company.  In connection with the Exchange
Offer, the Issuers also solicited the consents of the holders of
the Existing Notes to adopt certain amendments to the indenture
governing the Existing Notes.

An aggregate of $197,979,000 principal amount of Existing Notes,
representing 99.0% of the Existing Notes outstanding, had been
tendered as of 5:00 p.m., New York City time, on May 5, 2017.
Withdrawal rights for the Exchange Offer and Consent Solicitation
have expired, unless reinstated by the Issuers.

Holders of Existing Notes who have not already tendered their
Existing Notes and delivered their consents may continue to do so
at any time prior to 5:00 p.m., New York City time, on May 22,
2017, unless extended by the Issuers.  Holders who tender their
Existing Notes after the Early Tender Time will receive $970
principal amount of New Notes and Warrants to purchase 15.366
common units of the Company, in exchange for each $1,000 principal
amount of Existing Notes validly tendered and accepted for
exchange.

The Exchange Offer is subject to the satisfaction or waiver of
certain conditions, including a "Minimum Participation Condition,"
which requires the participation of holders of at least 97.5% of
the aggregate outstanding principal amount of Existing Notes in the
Exchange Offer.  Given the early tender results announced today,
the Minimum Participation Condition has been satisfied.

As a result of receiving the requisite consents in the Consent
Solicitation to adopt certain amendments to the indenture governing
the Existing Notes, on May 5, 2017, the Issuers, certain subsidiary
guarantors and U.S. Bank National Association, as trustee, entered
into a supplemental indenture to the indenture. The supplemental
indenture, among other things, eliminates substantially all of the
restrictive covenants and certain events of default from the
indenture governing the Existing Notes.  The supplemental indenture
became effective immediately upon execution but will not become
operative until the Exchange Offer is consummated. Upon becoming
operative, the amendments to the indenture will apply to all
holders of the Existing Notes.

The Exchange Offer is being made, and the New Notes and the
Warrants are being offered, in reliance on the exemption from the
registration requirements of the Securities Act of 1933, as
amended, provided under Section 3(a)(9) of the Securities Act.

The Exchange Offer and Consent Solicitation are made only by, and
pursuant to, the terms set forth in the Offering Memorandum and
Consent Solicitation Statement dated April 24, 2017, as amended by
Amendment No. 1 dated May 2, 2017.

Ipreo LLC is acting as the Exchange Agent for the Exchange Offer
and the Consent Solicitation.  Requests for the Offering Memorandum
or questions regarding the Exchange Offer or the Consent
Solicitation may be directed to the Exchange Agent at (888)
593-9546 or by email to exchangeoffer@ipreo.com.

Meanwhile, on May 5, 2017, Aurora Diagnostics Holdings, LLC entered
into a supplemental indenture to the indenture governing the
Company's 10.750% Senior Notes due 2018, dated as of Dec. 20, 2010,
by and among the Company, Aurora Diagnostics Financing, Inc., the
guarantors party thereto and U.S. Bank National Association, as
trustee, following receipt of the requisite consents required to
approve the amendments to the Indenture, pursuant to the Company's
exchange offer and consent solicitation that commenced on April 24,
2017.  The Amendments, among other things, deleted substantially
all of the restrictive covenants as well as certain events of
default set forth in the Indenture and the Notes.

                  About Aurora Diagnostics

Headquartered in Palm Beach Gardens, Florida, Aurora Diagnostics
Holdings, LLC, through its subsidiaries, provides physician-based
general anatomic and clinical pathology, dermatopathology,
molecular diagnostic services and other esoteric testing services
to physicians, hospitals, clinical laboratories and surgery
centers.  The company recognized approximately $260 million in
revenue for the 12 months ended June 30, 2013.  The company is
majority owned by equity sponsors KRG Capital Partners and Summit
Partners.

Aurora Diagnostics reported a net loss of $29.14 million on $284.03
million of net revenue for the year ended Dec. 31, 2016, compared
to a net loss of $83.43 million on $263.74 million of net revenue
for the year ended Dec. 31, 2015.  As of Dec. 31, 2016, Aurora
Diagnostics had $239.79 million in total assets, $459.58 million in
total liabilities and a total members' deficit of $219.78 million.


                        *    *    *

In April 2016, Moody's Investors Service downgraded the Corporate
Family Rating of Aurora Diagnostics to 'Caa3' from 'Caa2' and the
Probability of Default Rating to 'Caa3-PD' from 'Caa2-PD'.  The
downgrade reflects Moody's heightened expectation that Aurora will
pursue some transaction within the next 12 months which the rating
agency would consider a default.  This could include a transaction
which Moody's considers a distressed debt exchange, or a bankruptcy
filing.

As reported by the TCR on Nov. 28, 2016, S&P Global Ratings
lowered its corporate credit rating on Palm Beach Gardens,
Fla.-based Aurora Diagnostic Holdings LLC to 'CCC' from 'CCC+'.
"Our rating actions reflect the shortening window of time during
which the company must refinance its capital structure," said S&P
Global Ratings credit analyst Shannan Murphy.  "While the earliest
stated maturity is Aurora's senior notes, which mature in 2018, the
company's senior secured credit facilities are subject to a
springing maturity in October 2017 if its senior notes are not
refinanced by that time."


BARMER ENTERPRISES: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Barmer Enterprises, LLC
        2805 E Oakland Park Blvd, #475
        Fort Lauderdale, FL 33306

Case No.: 17-16095

Business Description: The Debtor is a Florida Limited Liability
                      Company

Chapter 11 Petition Date: May 15, 2017

Court: United States Bankruptcy Court
       Southern District of Florida (Fort Lauderdale)

Judge: Hon. Raymond B. Ray

Debtor's Counsel: Susan D. Lasky, Esq.
                  SUSAN D LASKY, PA
                  915 Middle River Dr, Suite 420
                  Fort Lauderdale, FL 33304
                  Tel: (954) 400-7474
                  Fax: (954) 206-0628
                  E-mail: ECF@suelasky.com
                          Jessica@SueLasky.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Gary Mercado, managing member.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/flsb17-16095.pdf


BAVARIA YACHTS: Seeks September 30 Plan Filing Period Extension
---------------------------------------------------------------
Bavaria Yachts USA, LLLP requests the U.S. Bankruptcy Court for the
Northern District of Georgia to extend its exclusive period to file
a Chapter 11 Plan through September 30, 2017, as well as the
Debtor's exclusive period within which to solicit acceptances of a
plan through October 30, 2017.

The Court has previously extended the Debtor's exclusivity plan
filing period through May 16, 2017, as well as the Debtor's
exclusive solicitation period through July 16, 2017.

The Debtor claims that extending the exclusivity deadline is
appropriate due to the complexity of the case and the scheduled
mediation with Creditor Bavaria Yachtbau GmbH. In addition, the
Debtor claims that it is in the process of selling its last vessel,
and as such, the additional time will assist the Debtor in
negotiating such sale and allow the Debtor to formulate a more
definitive plan.

A hearing is set for June 6, 2017, at 1:30 p.m. during the Court
will consider the Debtor's Second Motion for an Order Extending the
Exclusivity Period to File a Plan.

                      About Bavaria Yachts USA

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

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

An official committee of unsecured creditors has not been appointed
in the Chapter 11 case.


BERNARD MADOFF: Financier Says Testimony Should Not Be Barred
-------------------------------------------------------------
Certain testimony at an upcoming trial on the lawsuit filed by
Irving H. Picard, trustee for the liquidation of Bernard L. Madoff
Investment Securities LLC, should not be barred, Alex Wolf, writing
for Bankruptcy Law360, reports, citing J. Ezra Merkin.

Mr. Merkin, according to Law360, urged the Hon. Stuart M. Bernstein
of the U.S. Bankruptcy Court for the Southern District of New York
to not let Mr. Picard cripple Mr. Merkin's defenses.  The report
says that Mr. Picard filed a lawsuit against Mr. Merkin and related
entities to recover preferential and fraudulent transfers from
BLMIS.

                    About Bernard L. Madoff

Bernard L. Madoff Investment Securities LLC and Bernard L. Madoff
orchestrated the largest Ponzi scheme in history, with losses
topping US$50 billion.  On Dec. 15, 2008, the Honorable Louis A.
Stanton of the U.S. District Court for the Southern District of
New York granted the application of the Securities Investor
Protection Corporation for a decree adjudicating that the customers
of BLMIS are in need of the protection afforded by the Securities
Investor Protection Act of 1970.  The District Court's Protective
Order (i) appointed Irving H. Picard, Esq., as trustee for the
liquidation of BLMIS, (ii) appointed Baker & Hostetler LLP as his
counsel, and (iii) removed the SIPA Liquidation proceeding to the
Bankruptcy Court (Bankr. S.D.N.Y. Adv. Pro. No. 08-01789) (Lifland,
J.).  Mr. Picard has retained AlixPartners LLP as claims agent.

On April 13, 2009, former BLMIS clients filed an involuntary
Chapter 7 bankruptcy petition against Bernard Madoff (Bankr.  
S.D.N.Y. 09-11893).  The petitioning creditors -- Blumenthal &
Associates Florida General Partnership, Martin Rappaport
Charitable Remainder Unitrust, Martin Rappaport, Marc Cherno, and
Steven Morganstern -- assert US$64 million in claims against Mr.
Madoff based on the balances contained in the last statements they
got from BLMIS.

On April 14, 2009, Grant Thornton UK LLP as receiver placed Madoff
Securities International Limited in London under bankruptcy
protection pursuant to Chapter 15 of the U.S. Bankruptcy Code
(Bankr. S.D. Fla. 09-16751).  The Chapter 15 case was later
transferred to Manhattan.  In June 2009, Judge Lifland approved
the consolidation of the Madoff SIPA proceedings and the
bankruptcy case.

Judge Denny Chin of the U.S. District Court for the Southern
District of New York on June 29, 2009, sentenced Mr. Madoff to 150

years of life imprisonment for defrauding investors in United
States v. Madoff, No. 09-CR-213 (S.D.N.Y.).  

From recoveries in lawsuits coupled with money advanced by SIPC,
Mr. Picard has commenced distributions to victims.  As of Dec. 14,

2016, the SIPA Trustee has recovered more than $11.486 billion
and, following the eight interim distribution in January 2017,
will raise total distributions to approximately $9.72 billion,
which includes more than $839.6 million in advances committed by
SIPC.


BLEACHER CREATURES: Business as Usual, Expects Sale in 9 Weeks
--------------------------------------------------------------
Bleacher Creatures LLC, the maker of plush dolls that resemble
popular athletes and celebrities, is hitting the auction block and
expects the process to take nine weeks, its founder and president,
Matthew S. Hoffman, said.

Bleacher Creatures has recently sought bankruptcy protection.

"It's humbling and it's disappointing," Hoffman, 45, told
Philly.com.  

The Plymouth Meeting-based company continues to remain in business
while it looks for a buyer.

According to Philly.com, Mr. Hoffman said the company, which had 12
employees at its peak, now had six as it continues to accept
orders, design new products, and prepare for a sale.  He hopes to
be part of the leadership of the reorganized company, but it is not
yet clear how many bidders there will be.

Hoffman, who spent 15 years in sports licensing before starting
Bleacher Creatures, is focused on seeing that orders to
http://www.bleachercreatures.com/are fulfilled and "selling as
much as I can to recover as much as I can for my creditors."

The Debtor is in the business of manufacturing, distributing, and
selling plush toys that resemble popular athletes, sports mascots,
public figures, and characters from movies, comics, and other
popular media.  The Debtor sells most of its products under
licenses from organizations such as Major League Baseball, the
National Football League, the National Basketball Association, the
National Hockey League, Disney, Marvel Comics, and DC Comics, among
others.  The Debtor engages factories located in China to
manufacture its products, and employs shippers and logistics
companies to transport finished goods either directly to the
customer or to be warehoused in California pending their sale.  The
Debtor sells its products in the United States and
internationally.

                    Hoffman Group Among Bidders

As reported in the May 8, 2017 edition of the TCR, the Debtor has
filed a motion seeking to sell its business to stalking horse
bidder Bleacher Acquisition, LLC, for $300,000 in the form of a
credit bid of the DIP Facility, plus the assumption of the assumed
liabilities, subject to higher and better offers.  A hearing on the
Motion is set for June 14, 2017, at 9:30 at a.m.  The terms of the
sale require a closing by July 15, 2017.

Arrow Promotional Group, LLC, the investor and board member who
made a $200,000 unsecured loan to the Debtor in 2016,  proposed a
transaction in which a newly formed entity, Bleacher Acquisition,
LLC, would acquire certain of the Debtor's assets and assume
certain of its liabilities through a sale.  Arrow asked that the
Debtor's current President, Matthew S. Hoffman, participate as an
equity holder in the Stalking Horse and serve as an executive of
the post-bankruptcy acquiring entity, should the Stalking Horse's
offer prevail as the highest and best offer for the Debtor's assets
at a final hearing on the Debtor's sale motion.

                   About Bleacher Creatures

Bleacher Creatures, LLC -- https://www.bleachercreatures.com/ --
produces a variety of children's toys and fan enthusiast products
through partnerships with professional sports leagues and
entertainment companies.  Bleacher Creatures are true-to-life plush
figures of the greatest athletes and entertainment icons, allowing
young fans (those who are young at heart) to put their passion in
play.

Bleacher Creatures sought Chapter 11 protection (Bankr. E.D. Pa.
Case No. 17-13162) on May 2, 2017.  Matthew S. Hoffman, president,
signed the petition.

The Debtor disclosed assets at $1.57 million and liabilities at
$1.88 million as of March 31, 2017.

Judge Jean K. FitzSimon is assigned to the case.

The Debtor tapped Michael Jason Barrie, Esq., at Benesch
Friedlander Coplan & Arnoff LLP, as counsel.  The Debtor engaged
Gregory Weinberg of GMW Organization, LLC ("GMW") as its investment
banker.


BRUNSWICK RAIL: Says Ex-CEO's Suit Shows US Court Is Proper Forum
-----------------------------------------------------------------
Natalie Olivo, writing for Bankruptcy Law360, reports that
Brunswick Rail Management told a federal court in Connecticut that
Paul Ostling, its former CEO, lodged a lawsuit in the U.S.,
accusing the Company of retaliation.

"By suing Brunswick, in this same court and not in Russia or
elsewhere, defendant concedes that this court is the proper forum
for Brunswick's litigation.  Similarly, by not seeking arbitration
in the UK, defendant has expressed his preference for litigating
claims relating to his employment," Law360 quoted the Company as
saying.

Law360 relates that the Company accused Mr. Ostling of divulging
certain confidential information to its creditors.  Mr. Ostling,
the report says, tried to send the dispute to Russia or to a London
arbitration.  

Mr. Ostling asked the court in April to toss the case, saying it
has no business in Connecticut because the case involves the
Russian Company, Law360 recalls.  Mr. Ostling, according to the
report, said that even if the arbitration agreement does not apply
here, the dispute is still in the wrong forum since all the alleged
actions took place in Russia.  The dispute must be resolved under
the rules of the London Court of International Arbitration, the
report explains, citing Mr. Ostling.

Brunswick Rail leases railcars to corporate clients in Russia.

                       *     *     *

As reported by the Troubled Company Reporter-Europe on July 7,
2016, S&P Global Ratings lowered its long-term corporate credit
rating on Russia-based freight car lessor Brunswick Rail Ltd. to
'CC' from 'CCC-'.  The outlook remains negative.  At the same
time, S&P lowered to 'CC' from 'CCC-' its issue rating on the
$600 million 6.5% senior unsecured notes due 2017, issued by
Brunswick's wholly owned subsidiary Brunswick Rail Finance Ltd.
The downgrade follows Brunswick's announcement that it intends to
launch a tender offer on its US$600 million unsecured notes due
in November 2017.


C & S COMPANY: Trustee Hires Garman Turner Gordon as Counsel
------------------------------------------------------------
Randy Sugarman, Chapter 11 Trustee of C & S Company Inc, seeks
authorization from the US Bankruptcy Court for the District of
Nevada to retain Garman Turner Gordon LLP as counsel for Trustee.

Professional services to be rendered by Garman Turner are:

     a. advise the Trustee with respect to his rights, powers, and
duties as trustee in the continued operation and management of the
Debtor's business and assets;

     b. prepare on behalf of the Trustee all necessary
applications, motions, answers, proposed orders, other pleadings,
notices, and other documents;

     c. advise the Trustee concerning and preparing responses to
applications, motions, pleadings, notices, and other documents
which may be filed by other parties;

     d. appear in court to protect the interests of the Trustee;
and

    e. perform all other legal services for Trustee which may be
necessary and proper in these Bankruptcy Case.

Hourly rates for Garman Turner professionals are:

     Paraprofessionals               $130.00-$190.00
     Associates and Of Counsel       $250.00-$385.00
     Shareholders                    $435.00-$775.00

Gerald M. Gordon, Esq. attests that Garman Turner and its
shareholders and associates do not hold or represent any interest
adverse to the Debtor's estates; and Garman Turner and its
shareholders and associates are disinterested persons within the
meaning of Sections 101(14) and 327 of the Bankruptcy Code.

The Firm can be reached through:

     Gerald M. Gordon, Esq.
     Mark M. Weisenmiller, Esq.
     Michael R. Esposito, Esq.
     GARMAN TURNER GORDON LLP
     650 White Drive, Ste. 100
     Las Vegas, NV 89119
     Tel: 725-777-3000

                    About C & S Company

C & S Company filed a Chapter 11 petition (Bankr. D. Nev. Case No.
16-14155) on July 28, 2016.  The petition was signed by Stacey
Lindburg, president.  The Debtor disclosed total assets at
$120,000
and total liabilities at $2.42 million.  The Debtor is represented
by David J. Winterton, Esq., at David Winterton & Associates, Ltd.


CAROL LLOYD: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Carol Lloyd, Inc.
           dba MMDS of Asheville
        38 Rosscraggon Road, Suite M
        Asheville, NC 28803

Case No.: 17-10207

Business Description: Carol Lloyd, Inc, has been providing X-ray
                      laboratory services (including dental) since
2004.
                      The Company is an affiliate of MMDS of North

                      Carolina. Inc. that sought bankruptcy
                      protection on April 7, 2017 (Bank. E.D.N.C.
                      Case No. 17-01749).

Chapter 11 Petition Date: May 15, 2017

Court: United States Bankruptcy Court
       Western District of North Carolina (Asheville)

Judge: Hon. George R. Hodges

Debtor's Counsel: David R. Badger, Esq.
                  DAVID R. BADGER, P.A.
                  Suite 118, Atherton Lofts
                  2108 South Boulevard
                  Charlotte, NC 28203
                  Tel: (704) 375-8875
                  Fax: (704)375-8835
                  E-mail: davebadger@badgerlawnc.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Lloyd M. Williams, III, authorized
representative.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/ncwb17-10207.pdf


CGG: Ernst & Young Raises Going Concern Doubt
---------------------------------------------
CGG filed with the U.S. Securities and Exchange Commission its
annual report on Form 20-F, disclosing a net loss of $576.6 million
on $1.19 billion of operating revenues for the year ended December
31, 2016, compared to a net loss of $1.45 billion on $2.10 billion
of operating revenues for the year ended December 31, 2015.

The Company's independent accountants Ernst & Young et Autres in
Paris-La Défense, France, states that CGG and subsidiaries faces
material uncertainties that 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 $4.86 billion, total current liabilities of $3.39
billion, total non-current liabilities of $317.8 million, and a
stockholders' equity of $1.16 billion.

A full-text copy of the Company's Form 20-F is available at:

                     http://bit.ly/2qGhI1s

CGG provides complete range of marine seismic 2D and 3D services,
focusing on the Gulf of Mexico, the North Sea, West Africa and
Brazil, as well as the Asia Pacific region.  It also delivers
marine seismic contract data acquisition in "frontier" areas.  The
Company is based in France.



CIRCULATORY CENTER: Intends to File Chapter 11 Plan by August 21
----------------------------------------------------------------
Circulatory Center of West Virginia, Inc. requests the U.S.
Bankruptcy Court for the Western District of Pennsylvania to extend
by a period of 90 days the time in which only the Debtor may file
its Plan of Reorganization, or until August 21; and extend the time
in which the Debtor may procure acceptance of the Plan until
November 18, 2017.

The Debtor needs additional time to file its plan of reorganization
because it is still negotiating a sale of its business operations,
which sale is integral to any plan of the Debtor.

           About Circulatory Center of West Virginia

Circulatory Center of West Virginia, Inc. sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. Pa. Case No.
17-20211) on January 20, 2017.  The petition was signed by Tom
Certo, president.  The case is assigned to Judge Gregory L.
Taddonio. At the time of the filing, the Debtor estimated assets of
less than $100,000 and liabilities of $1 million to $10 million.

The Debtor is represented by Robert O Lampl, Esq. at Robert O
Lampl, Attorney at Law.

The Office of the U.S. Trustee on March 20, 2017, disclosed in a
court filing that no official committee of unsecured creditors has
been appointed in the Chapter 11 case of Circulatory Center of West
Virginia, Inc.


CLAYTON WILLIAMS: 401(k) Plan Suspends Duty to File Reports
-----------------------------------------------------------
Clayton Williams Energy, Inc. 401(k) Plan & Trust filed a Form 15
with the Securities and Exchange Commission to suspend its duty to
file reports under Section 15(d) of the Exchange Act, including on
Form 11-K.  As a result of the merger of Clayton Williams Energy,
Inc. with and into NBL Permian LLC, the Clayton Williams Energy,
Inc. 401(k) Plan & Trust is no longer open to new investment in
CWEI stock.  Therefore, interests in the Plan no longer require
registration.

                   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.


CLAYTON WILLIAMS: NBL Permian Cancels Registration of Securities
----------------------------------------------------------------
NBL Permian LLC filed a Form 15 with the Securities and Exchange
Commission notifying the termination of registration of its common
stock, par value $0.10 per share, and 7.75% Senior Notes due 2019.
As of May 8, 2017, there was only one holder of the common stock
and 52 holders of the Notes.

Wild West Merger Sub, Inc., an indirect, wholly owned subsidiary of
Noble Energy, Inc., completed its merger with and into Clayton
Williams Energy, Inc., as a result of which CWEI became an
indirect, wholly owned subsidiary of Noble.  On April 25, 2017,
CWEI merged with and into NBL Permian LLC, an indirect, wholly
owned subsidiary of Noble, with NBL Permian LLC continuing as the
surviving company.

                    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.


COATES INTERNATIONAL: Obtains $29,650 from Securities Sale
----------------------------------------------------------
Coates International, Ltd., received proceeds of $29,650, net of
financing costs of $3,650, in connection with a Securities Purchase
Agreement and related convertible promissory note, dated May 4,
2017, in the face amount of $33,000 issued to APG Capital Holdings,
LLC, an independent third party accredited investor.  The
Promissory Note matures in May 2018 and provides for interest at
the rate of 10% percent per annum.  The Note may be converted into
unregistered shares of the Company's common stock, par value
$0.0001 per share, at the Conversion Price, as defined, in whole,
or in part, at any time beginning 180 days after the date of the
Note, at the option of the Holder.  All outstanding principal and
unpaid accrued interest is due at maturity, if not converted prior
thereto.

The Conversion Price will be equal to 62% multiplied by the Market
Price.  The Market Price will be equal to the lowest trading price
of the Company's common stock on the OTC Pink during the 25
trading-day period ending one trading day prior to the date of
conversion by the Holder.  The Holder anticipates that upon any
conversion, the shares of stock it receives from the Registrant
will be freely tradable in reliance on an exemption from
registration under Rule 144 of the U.S. Securities and Exchange
Commission.

The Company also issued a back-end, collateralized convertible
promissory note in the principal amount of $33,000 on the same
terms and conditions as the convertible promissory note that was
funded.  This note may be funded upon mutual consent of the parties
in the future.  In the event this note is funded by the Holder, it
would be immediately eligible for conversion.

The note may be prepaid during the first six months the note is
outstanding by paying a prepayment penalty 50%.  The Company has
reserved 354,838,000 shares of its unissued common stock for
potential conversion of the convertible note.

The convertible promissory note was privately offered and sold to
the Holder in reliance on specific exemptions from the registration
requirements of the United States federal and state securities laws
which the Registrant believes are available to cover this
transaction based on representations, warranties, agreements,
acknowledgements and understandings provided to the Registrant by
the Holder.

                       About Coates
    
Based in Wall Township, N.J., Coates International, Ltd.
(OTC BB: COTE) -- http://www.coatesengine.com/-- was
incorporated on Aug. 31, 1988, for the purpose of researching,
patenting and manufacturing technology associated with a spherical
rotary valve system for internal combustion engines.  This
technology was developed over a period of 15 years by Mr. George
J. Coates, who is the President and Chairman of the Board of the
Company.

The Coates Spherical Rotary Valve System (CSRV) represents a
revolutionary departure from the conventional poppet valve.  It
changes the means of delivering the air and fuel mixture to the
firing chamber of an internal combustion engine and of expelling
the exhaust produced when the mixture ignites.

Coates reported a net loss of $8.35 million on $29,200 of total
revenues for the year ended Dec. 31, 2016, compared to a net loss
of $10.20 million on $94,200 of total revenues for the year ended
Dec. 31, 2015.  As of Dec. 31, 2016, Coates had $2.36 million in
total assets, $7.55 million in total liabilities and a total
stockholders' deficiency of $5.19 million.

MSPC, in Cranford, New Jersey, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, citing that the Company continues to have
negative cash flows from operations, recurring losses from
operations, and a stockholders' deficiency.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


COMSTOCK RESOURCES: Incurs $22.9 Million Net Loss in First Quarter
------------------------------------------------------------------
Comstock Resources, Inc., filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $22.93 million on $53.80 million of total revenue for the three
months ended March 31, 2017, compared to a net loss of $56.57
million on $36.90 million of total revenue for the same period in
2016.

The first quarter of 2017 results include an unrealized gain from
derivative financial instruments of $7.4 million, and $5.4 million
of non-cash interest expense associated with the discounts
recognized and costs incurred on the debt exchange that occurred in
2016.  Financial results for the first quarter of 2016 included
impairments on unevaluated acreage and oil and gas properties of
$30.5 million, a net gain on extinguishment of debt of $33.4
million, a charge of $4.5 million to reflect a change in state tax
law, and $0.4 million of other nonrecurring items.  Excluding these
items from each year's results, the net loss for the first quarter
of 2017 would have been $24.9 million or $1.75 per share as
compared to a net loss of $55.4 million or $5.60 per share in the
first quarter of 2016.

As of March 31, 2017, Comstock had $865.98 million in total assets,
$1.15 billion in total liabilities and a total stockholders'
deficit of $285.41 million.

Comstock produced 14 billion cubic feet of natural gas and 265,000
barrels of oil or 15.6 billion cubic feet of natural gas equivalent
in the first quarter of 2017.  Natural gas production averaged 156
million cubic feet per day, an increase of 11% over pro forma
natural gas production, excluding divestitures completed in 2016,
in the first quarter of 2016 and 23% over pro forma fourth quarter
2016.  The growth in natural gas production is attributable to the
Company's successful Haynesville shale drilling program.  Oil
production in the first quarter of 2017, which averaged 2,940
barrels of oil per day, declined by 36% from the 4,600 barrels per
day produced in the first quarter of 2016.  The decrease in oil
production is the result of the lack of drilling in the Company's
South Texas Eagle Ford shale properties.

Oil and natural gas prices improved in the first quarter of 2017.
Comstock's average realized natural gas price, including hedging
gains, increased 57% to $2.96 per Mcf in the first quarter of 2017
as compared to $1.89 per Mcf realized in the first quarter of 2016.
The Company's average realized oil price increased by 84% to
$48.60 per barrel in the first quarter of 2017 as compared to
$26.44 per barrel in the first quarter of 2016.  The higher
realized prices and the higher natural gas production resulted in
oil and gas sales increasing by 46% to $54.3 million (including
realized hedging gains) as compared to 2016's first quarter sales
of $37.2 million.  EBITDAX, or earnings before interest, taxes,
depreciation, depletion, amortization, exploration expense and
other noncash expenses, was $34.2 million in the first quarter of
2017, more than double the EBITDAX of $14.7 million generated in
the first quarter of 2016.  Operating cash flow generated in the
first quarter of 2017 was $15.9 million as compared to an operating
cash flow deficit of $14.0 million in the first quarter of 2016.

The first quarter of 2017 results include an unrealized gain from
derivative financial instruments of $7.4 million, and $5.4 million
of non-cash interest expense associated with the discounts
recognized and costs incurred on the debt exchange that occurred in
2016.  Financial results for the first quarter of 2016 included
impairments on unevaluated acreage and oil and gas properties of
$30.5 million, a net gain on extinguishment of debt of $33.4
million, a charge of $4.5 million to reflect a change in state tax
law, and $0.4 million of other nonrecurring items.  Excluding these
items from each year's results, the net loss for the first quarter
of 2017 would have been $24.9 million or $1.75 per share as
compared to a net loss of $55.4 million or $5.60 per share in the
first quarter of 2016.

                 2017 First Quarter Drilling Results

Comstock reported the results to date of its 2017 drilling program.
During the first three months of 2017, Comstock spent $38.3
million on its development and exploration activities and drilled
three horizontal natural gas wells (2.5 net) and had two wells (2.0
net) drilling at March 31, 2017.  Since the last operational
update, Comstock has completed four operated Haynesville shale
wells.  The average initial production rate of these wells was 30
MMcf per day.  Two of the wells set new Company records for initial
production rates.  The Furlow 25-24 H #1 well in Desoto Parish,
Louisiana was drilled to a total vertical depth of 11,134 feet with
a 5,396 foot lateral.  This well was tested with an initial
production rate of 25 MMcf per day.  The Furlow 25-36 H #1, was
drilled from the same pad as the Furlow 25-36 H #1 to a total
vertical depth of 11,070 feet with a 6,355 foot lateral, and was
tested with an initial production rate of 32 MMcf per day.  The
Headrick 14-23 H #1 was drilled in Desoto Parish, Louisiana to a
total vertical depth of 11,637 feet with a 7,514 foot lateral.
This well was tested with an initial production rate of 26 MMcf per
day.  The Billingsley 25-24 H #1 well in Desoto Parish, Louisiana
was drilled to a total vertical depth of 11,280 feet with a 8,521
foot lateral.  This well was tested with an initial production rate
of 36 MMcf per day.  Comstock is currently completing the Headrick
14-11 H #2 and the N.T. Powell 28 H #2 wells.

The three (0.4 net) non-operated Haynesville shale wells that the
Company participated in which were drilled in 2016 and completed in
2017 achieved an average initial production rate of 18 MMcf per day
per well.  The wells were all located in Desoto Parish, Louisiana
and had approximately 7,500 foot laterals.
In order to protect the returns that the Haynesville shale drilling
program can generate, the Company has hedged, in the aggregate, 81
MMcf per day of its 2017 second quarter natural gas production at a
NYMEX equivalent of $3.38 per Mcf and has hedged approximately 100
MMcf per day of natural gas production in the second half of 2017
at $3.38 per Mcf.

Comstock's Haynesville shale joint venture with USG Properties
Haynesville, LLC has increased its acreage position to
approximately 6,100 net acres and is continuing to pursue
additional leasehold acquisitions.  The first joint well is
expected to commence drilling later this month.

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

                     https://is.gd/mjfL6z

                   About Comstock Resources

Comstock Resources, Inc. is an independent energy company based in
Frisco, Texas and is engaged in oil and gas acquisitions,
exploration and development primarily in Texas and Louisiana.  The
Company's stock is traded on the New York Stock Exchange under the
symbol CRK.

Comstock incurred a net loss of $135.1 million in 2016 and a net
loss of $1.0 billion in 2015.

                       *     *     *

As reported by the TCR on Sept. 23, 2016, S&P Global Ratings raised
its corporate credit rating on Comstock Resources Inc. to 'CCC+'
from 'SD' (selective default).  The outlook is negative.  "The
rating actions on Comstock are in conjunction with the Sept. 6,
2016, close of their comprehensive debt exchange and our assessment
of the company's revised capital structure and credit profile,"
said S&P Global Ratings credit analyst Aaron McLean.

Comstock Resources carries a 'Caa2' corporate family rating from
Moody's Investors Service.


DAWSON INTERNATIONAL: Seeks Sept. 20 Plan Filing Period Extension
-----------------------------------------------------------------
Dawson International Investments (Kinross) Inc. and certain of its
affiliates request the U.S. Bankruptcy Court for the Southern
District of New York to further extend by approximately 120 days
the exclusive periods during which only the Debtors may file a
chapter 11 plan and solicit acceptances thereof, through and
including September 20 and November 21, 2017, respectively.

The Debtors tell the Court that they have been making meaningful
progress in addressing multiple issues in conjunction with
formulating a viable chapter 11 plan including, without limitation,
complex issues regarding the termination of a pension plan, and
discussions with government agencies over addressing potential
environmental claims that might exist against one or more of the
estates.

The Debtors are working to resolve these questions as quickly and
efficiently as possible. As such, the Debtors' requested extension
of the Exclusive Filing Period will allow them to continue to build
upon the progress made in the cases up to this point, in order to
propose an effective plan.

         About Dawson International Investments (Kinross) Inc.

Dawson International is in the cashmere business. It comprises two
trading divisions, based in the UK and the USA.  The UK division
comprises the Barrie Knitwear business, based in Hawick Scotland.
It manufactures highest quality cashmere garments at its factory in
the Scottish borders and sells to some of the world's most
prestigious couture houses, department stores and private label
retail outlets.

Based in Natick, Massachusetts, Ilion Properties, Inc., Dawson
International Investments (Kinross) Inc., Dawson International
Properties, Inc., DCC USA Inc., and Dawson Luxury Garments LLC
filed separate Chapter 11 bankruptcy petitions (Bankr. S.D.N.Y.
Case Nos. 16-11550 to 16-11554) on May 27, 2016.  The Hon. James L.
Garrity Jr. presides over the cases.

Patrick L. Hayden, Esq., and Nathan S. Greenberg, Esq., at
McGuireWoods LLP, serve as counsel to the Debtors. Deloitte Tax LLP
has been tapped as tax service provider and Qualified Annuity
Services, Inc. as pension plan consultants to the Debtors.

Each of the Debtors estimated between $1 million to $10 million in
both assets and liabilities.  The petitions were signed by David G.
Cooper, president and sole director.

The U.S. Trustee has been unable to appoint an official committee
of unsecured creditors in the Debtors' cases.


DIEGO PELLICER: Paritz & Company Raises Going Concern Doubt
-----------------------------------------------------------
Diego Pellicer Worldwide Inc. filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K, disclosing a
net loss of $7.07 million on $374,179 of total revenues for the
year ended December 31, 2016, compared to a net loss of $15.87
million on $104,530 of total revenues for the year ended December
31, 2015.

Paritz & Company, P.A., in Hackensack, N.J., states that the
Company has recurring losses since inception, its current
liabilities exceed its current assets by $4,411,156, and has an
accumulated deficit of $28,114,125 at December 31, 2016.  These
factors, among others 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 $1.48 million, total liabilities of $5.31 million, and a
stockholders' deficit of $3.60 million.

A full-text copy of the Company's Form 10-K is available at:

                     http://bit.ly/2qGoX9u

Diego Pellicer Worldwide Inc. is a real estate and a consumer
retail development company.  The Company is focused on developing
its Diego Pellicer marijuana brand along with both cannabis and
non-cannabis products.  The Company's initial focus is to acquire
and develop legally compliant real estate locations for the
purposes of leasing them to state licensed companies in the
cannabis industry.  The Company leases real estate to licensed
marijuana operators, including but not limited to, providing
complete growing space, processing space, recreational and medical
retail sales space and related facilities to licensed marijuana
growers, processors, dispensary and recreational store operators.



ECRA GROUP: General Secured Claims to Get Full Payment Over 5 Yrs.
------------------------------------------------------------------
Ecra Group Corp. filed with the U.S. Bankruptcy Court for the
District of Puerto Rico an amended disclosure statement referring
to the Debtor's plan of reorganization.

Under the Plan, Class 2 General Secured Claims are estimated at
$7,457.71.  Secured claims #1 by the Internal Revenue Services will
be paid in full.  Claim #2 by Scotiabank de Puerto Rico will be
paid and treated directly with the bank as per stipulation filed.
Any allowed amount owed under this class will be paid in full over
a period not exceeding five years from the effective date of the
Plan.

The government's priority claims will be treated as Class 3
Unsecured Priority Claims to be paid in full over five years.  Any
amounts owed under this class will be paid in full by the Debtor
over a period ending not later than five years after the date of
the order for relief (June 10, 2016).

Each member of Class 4 General Unsecured Creditors will receive a
distribution equal to 3% of its allowed claim pursuant to the terms
and conditions of the Plan, that is during the five years following
the effective date.

The Plan will be funded by:

     a. cash on hand at the Effective Date;

     b. funds to be obtained from the operation of the Debtor's  
        business dba Ferreteria Arce on selling construction and
        repair materials, equipment and parts in the area of
        construction;

     c. monthly rents income from the residential-vacation lease
        facilities spaces at Vega Baja Beach front.  Projected
        monthly income for those leases are $2,000; and

     d. future income from savings on reduction of operational
        expenses maintaining and increasing the sales to customers

        will be used also for the payment plan.

The Amended Disclosure Statement is available at:

            http://bankrupt.com/misc/prb16-04651-83.pdf

As reported by the Troubled Company Reporter on Feb. 10, 2017,
Judge Edward A. Godoy issued an order conditionally approving the
disclosure statement and Chapter 11 plan filed by Debtor.  Class 4
under the plan consists of the general unsecured creditors.  Each
member of this class would receive a distribution equal to 3% of
its allowed claim on monthly installments within a period not to
exceed 60 months.

                         About ECRA Group

ECRA Group, Corp., is organized under the laws of the Commonwealth
of Puerto Rico and organized on Nov. 16, 2005.  Annette Cancel
Lorenzana is the president of the corporation and co-owner with 45%
of the stocks; Carlos I. Arce is the owner of 45% of the stocks;
Iannette Arce Cancel is the secretary of the corporation and owner
of 5% of the stocks, and Liannette Arce Cancel is the owner of 5%
of the stocks of the corporation.  The Debtor operates its business
dba Ferreteria Arce at a rented commercial property dedicated to
servicing and selling construction materials and hardware equipment
and related materials to general customers and construction
technicians.  The store is located at road 670.23 Marginal Street,
Parcelas Marquez, Vega Baja, Puerto Rico.  The Debtor owns the real
property dedicated for the leasing business operation.

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. D.P.R.
Case No. 16-04651) on June 10, 2016.  Luis D. Flores Gonzalez,
Esq., at The Law Offices of Luis D. Flores Gonzalez serves as the
Debtor's bankruptcy counsel.

As of the date of the filing of the Chapter 11 petition, the
Debtor had assets of $545,500 and liabilities of $782,989.


EMAS CHIYODA: Recovery for Unsecured Creditors Unknown Under Plan
-----------------------------------------------------------------
EMAS Chiyoda Subsea Limited filed with the U.S. Bankruptcy Court
for the Southern District of Texas a disclosure statement dated May
6, 2017, with respect to the Debtors' joint Chapter 11 plan of
reorganization.

The Plan is structured with Chiyoda Corporation and Subsea 7
Finance (UK) PLC to serve as plan sponsors.  However, the Plan
permits the ongoing review of potential alternative investors who
may provide a superior exit path.  The Plan provides for the
acquisition of the equity in or assets of the Emerging Debtors and
certain assets of other Debtors by a newly formed entity to be
owned by a member of the Subsea 7 Group and designated by Subsea 7.
If Newco acquires the equity in the Emerging Debtors, the Plan
will be funded from the proceeds of the purchase price.  

Under the Plan, estimated recovery for General Unsecured Claims is
yet to be determined.  These claims are impaired by the Plan.

For Classes 1G through 3G and 5G – General Unsecured Claims
(Emerging Debtors other than Thailand Debtor), (a) in final
satisfaction of each and every allowed General Unsecured Claim
against the relevant Plan Debtor, (i) on or as soon as reasonably
practicable after the Effective Date, the plan administrator will
receive on behalf of all holders of the claims against the relevant
Debtor, the additional cash, and (ii) on the initial distribution
date, the Plan Administrator will pay each holder of an Allowed
General Unsecured Claim its pro rata share of the net additional
cash as to which all holders of Allowed General Unsecured Claims
would be entitled as if Classes 1G through 3G and 5G were a single
class; provided, however, that any holder of an unsecured guarantee
claim against more than one relevant Plan Debtor will be limited to
a single recovery on account of guarantee claims; provided,
further, however, that distributions on account of the
Constellation Lender Guarantee Claims will be made to the holders
of the other General Unsecured Creditors in Classes 1G through 3G
and 5G.  If a plan as to a particular Plan Debtor is not confirmed
or a plan is withdrawn, then the holders of Allowed General
Unsecured Claims with respect to the Plan Debtor will not receive
the treatment set forth above, and the recovery they would have
otherwise received will be distributed among the other holders of
Allowed General Unsecured Claims in the remaining classes.

For Classes 4G, 6G through 7G - General Unsecured Claims (Thailand
Debtor, Constellation Debtor, Falcon Debtor), in final satisfaction
of each and every Allowed General Unsecured Claim against the
relevant Plan Debtor, on the Effective Date, or as soon as
reasonably practicable thereafter, the Plan Administrator will
receive on behalf of each holder of an Allowed General Unsecured
Claim against the relevant Plan Debtor, the holder's pro rata share
of distributable value from the relevant Debtor's estate, if any,
after payment of all senior claims in respect of the relevant Plan
Debtor.

For Class 8G - General Unsecured Claims (Marine Base Opco Debtor),
in final satisfaction of each and every claim, on the Effective
Date, or as soon as reasonably practicable thereafter, the Plan
Administrator will receive holder's pro rata share of the excess
spool base proceeds, if any, after payment of all senior claims in
respect of the Marine Base Opco Debtor.

The Disclosure Statement is available at:

            http://bankrupt.com/misc/txsb17-31146-357.pdf

                  About Emas Chiyoda Subsea Limited

EMAS CHIYODA Subsea Limited (Bankr. S.D. Tex., Case No. 17-31146)
and its affiliates filed voluntary Chapter 11 petitions on Feb. 27,
2017.  The Company is an international heavy lift subsea, offshore
and onshore contractor offering engineering, procurement,
construction, transportation, installation, and commissioning
services at every stage of the project lifecycle to deliver complex
construction projects for customers.  The case is assigned to Judge
Marvin Isgur.

The Debtors are represented by George N. Panagakis, Esq., Justin M.
Winerman, Esq., and Roy Leaf, Esq., at Skadden, Arps, Slate,
Meagher & Flom LLP, in Chicago, Illinois; Dominic McCahill, Esq.,
and Kathlene Burke, Esq., at Skadden, Arps, Slate, Meagher & Flom
LLP, in London. The Debtors' co-counsel is John F. Higgins, Esq.,
Joshua W. Wolfshohl, Esq., Aaron J. Power, Esq., Brandon J. Tittle,
Esq., and Eric M. English, Esq., at Porter Hedges LLP, in Houston,
Texas.

The Debtors' managerial service provider is KPMG Services PTE. LTD.
The Debtors' claims and noticing agent is Epiq Bankruptcy
Solutions, LLC, WongPartnership LLP, as special Singapore counsel.

The Debtor's estimated assets is $500 million to $1 billion and its
estimated Liabilities is $100 million to $500 million.

Judy A. Robbins, the U.S. Trustee for Region 7, on March 21
appointed five creditors of EMAS CHIYODA Subsea Limited, et al., to
serve on the official committee of unsecured creditors.


ENERGY FUTURE: Elliott Wants Path Cleared to File Alternative Plan
------------------------------------------------------------------
Matt Chiappardi, writing for Bankruptcy Law360, reports that
Elliott Associates, L.P., Elliott International, L.P., and The
Liverpool Limited Partnership filed an adversary action claiming
its attempts to put together a new Chapter 11 exit strategy for
Energy Future Holdings Corp., et al., have been thwarted by the
Debtors' insistence that a plan support agreement that was never
approved by the Bankruptcy Court blocks those efforts.

Elliott Funds, Law360 relates, asked the U.S. Bankruptcy Court for
the District of Delaware to clear a path for it to propose an
alternative Chapter 11 plan after two exit attempts have hit
roadblocks.

Elliott Funds are owed roughly $3 billion by the Debtors, Law360
shares.

In February 2017, the Court confirmed the Eighth Plan of
reorganization.  The effectiveness of the Eighth Plan was
predicated on NextEra Energy, Inc., acquiring (via merger with EFH)
the 80% ownership stake that EFH indirectly holds in Oncor Electric
Delivery Company LLC, the primary electricity transmission company
in Texas.  The price was approximately $18.7 billion total
enterprise value or $12.2 billion total equity value for Oncor.
Because Oncor is a regulated utility, that transaction required
approval of the Public Utility Commission of Texas.  By order dated
April 13, 2017, the PUCT formally denied the joint application of
NextEra and Oncor to approve the NextEra Transaction.  In so doing,
the PUCT found that the NextEra Transaction was "not in the public
interest under Public Utility Regulatory Act."

As of the filing of the Complaint, the NextEra Transaction cannot
be consummated.  The PUCT final court order prohibits its closing.
As a result, the Eighth Plan cannot go effective.  

Elliott Funds say that although NextEra has filed a motion for
rehearing (without its co-applicant Oncor) seeking to reverse the
PUCT Final Order, the rehearing request provides creditors with
cold comfort -- the findings of the PUCT make clear that, absent a
dramatic change in the status quo, there is a substantial risk that
the NextEra Transaction will not close.  Even if it were to close,
NextEra will likely not be willing to close on the current
agreed-upon merger price or in a reasonable amount of time.

According to Elliott Funds, the precarious state of the NextEra
Transaction means that creditors and the Debtors must immediately
consider and pursue other restructuring alternatives that will
enable the Debtors to exit these Chapter 11 cases as soon as
possible.  Although the Debtors said as much at the April 17, 2017
status conference, their actions have been inconsistent with their
words.  Despite NextEra's Chief Executive Officer's unambiguous and
emphatic announcement to NextEra's shareholders that NextEra is not
prepared to close the NextEra Transaction on the agreed upon price,
the Debtors have steadfastly refused to permit Elliott Funds to
start negotiating sorely needed financing and restructuring
alternatives with third parties.  Instead, the Debtors have
attempted to maintain exclusive and vise-like control of the cases
despite exclusivity lapsing over 16 months ago.  They have done so
under the guise of a January 2017 Plan Support Agreement, including
a purported amendment that was heretofore neither disclosed nor
publicly available, Elliott Funds state.  The amendment effectively
concealed from the Court changes to the Original PIK PSA.  Elliott
Funds are not and never were parties to either the Original PIK PSA
or the Amended PIK PSA.

Consequently, Elliott Funds are compelled to bring this action
seeking declaratory and injunctive relief with respect to the
purported continued applicability of the recently revealed Amended
PIK PSA and its alleged restrictions on Elliott Funds' actions as a
creditor in these cases.  Additionally, because of the great and
undeniable urgency to move these cases forward given the
substantial closing risk created by the PUCT Final Order, Elliott
Funds have contemporaneously moved the Court for a preliminary
injunction to prevent the Debtors from interfering with the
exercise of Elliott Funds' fundamental statutory creditor rights to
(i) propose alternative financings, (ii) formulate and prosecute
alternative plans of reorganization, (iii) oppose relief that the
Debtors may seek, and (iv) discuss all of the foregoing with other
parties.
A copy of the complaint is available at:

          http://bankrupt.com/misc/deb14-10979-11223.pdf

Elliott Funds is represented by:

     Scott D. Cousins, Esq.
     Erin R. Fay, Esq.
     Evan T. Miller, Esq.
     BAYARD, P.A.
     222 Delaware Avenue, Suite 900
     Wilmington, DE 19801
     Tel: (302) 655-5000
     Fax: (302) 658-6395
     E-mail:scousins@bayardlaw.com
            efay@bayardlaw.com
            emiller@bayardlaw.com

          -- and --

     Keith H. Wofford, Esq.
     Gregg M. Galardi, Esq.
     D. Ross Martin, Esq.
     Jonathan M. Agudelo, Esq.
     ROPES & GRAY LLP
     1211 Avenue of the Americas
     New York, NY 10036-8704
     Tel: (212) 596-9000
     Fax: (212) 596-9090
     E-mail: Keith.Wofford@ropesgray.com
             Gregg.Galardi@ropesgray.com
             Jonathan.Agudelo@ropesgray.com
             Ross.Martin@ropesgray.com

                     About Energy Future

Energy Future Holdings Corp., formerly known as TXU Corp., is a
privately held diversified energy holding company with a Portfolio
of competitive and regulated energy businesses in Texas.

Oncor, an 80 percent-owned entity within the EFH group, is the
largest regulated transmission and distribution utility in Texas.

The Company delivers electricity to roughly three million delivery
points in and around Dallas-Fort Worth. EFH Corp. was created in
October 2007 in a $45 billion leverage buyout of Texas power
company TXU in a deal led by private-equity companies Kohlberg
Kravis Roberts & Co. and TPG Inc.

On April 29, 2014, Energy Future Holdings and 70 affiliated
companies sought Chapter 11 bankruptcy protection (Bankr. D. Del.
Lead Case No. 14-10979) after reaching a deal with some key
financial stakeholders to keep its businesses operating while
reducing its roughly $40 billion in debt.

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi (CSS).

As of Dec. 31, 2013, EFH Corp. reported assets of $36.4 billion in
book value and liabilities of $49.7 billion.  The Debtors have $42
billion of funded indebtedness.

EFH's legal advisor for the Chapter 11 proceedings is Kirkland &
Ellis LLP, its financial advisor is Evercore Partners and its
restructuring advisor is Alvarez & Marsal.  The TCEH first lien
lenders supporting the restructuring agreement are represented by
Paul, Weiss, Rifkind, Wharton & Garrison, LLP as legal advisor,
and Millstein & Co., LLC, as financial advisor.

The EFIH unsecured creditors supporting the restructuring
Agreement are represented by Akin Gump Strauss Hauer & Feld LLP, as
legal advisor, and Centerview Partners, as financial advisor.  The
EFH equity holders supporting the restructuring agreement are
represented by Wachtell, Lipton, Rosen & Katz, as legal advisor,
and Blackstone Advisory Partners LP, as financial advisor.  Epiq
Systems is the claims agent.

Wilmington Savings Fund Society, FSB, the successor trustee for
The second-lien noteholders owed about $1.6 billion, is
Represented by Ashby & Geddes, P.A.'s William P. Bowden, Esq., and
Gregory A. Taylor, Esq., and Brown Rudnick LLP's Edward S.
Weisfelner, Esq., Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq.,
Jeremy B. Coffey, Esq., and Howard L. Siegel, Esq.  An Official
Committee of Unsecured Creditors has been appointed in the case.
The Committee represents the interests of the unsecured creditors
of only Energy Future Competitive Holdings Company LLC; EFCH's
direct subsidiary, Texas Competitive Electric Holdings Company LLC;
and EFH Corporate Services Company, and of no other debtors.  The
Committee has selected Morrison & Foerster LLP and Polsinelli PC
for representation in this high-profile energy restructuring.  The
lawyers working on the case are James M. Peck, Esq., Brett H.
Miller, Esq., and Lorenzo Marinuzzi, Esq., at Morrison & Foerster
LLP; and Christopher A. Ward, Esq., Justin K. Edelson, Esq.,
Shanti M. Katona, Esq., and Edward Fox, Esq., at Polsinelli PC.

                       *     *     *

In December 2015, the Bankruptcy Court confirmed the Debtors'
reorganization plan, which contemplated a tax-free spin of the
company's competitive businesses, including Luminant and TXU
Energy, and the $20 billion sale of its holdings in non-debtor
electricity transaction unit Oncor Electric Delivery Co. to a
consortium of investors.  But the Plan became null and void after
certain first lien creditors notified the occurrence of a "plan
support termination event."

The Debtors filed a new plan of reorganization on May 1, 2016, as
subsequently amended.  The new Chapter 11 plan features
alternative options for dealing with the Company's stake in
electricity transmission unit Oncor.

On Aug. 29, 2016, Judge Sontchi confirmed the Chapter 11 exit
plans of two of Energy Future Holdings Corp.'s subsidiaries, power
generator Luminant and retail electricity provider TXU Energy Inc.
(the "T-Side Debtors").  The Plan became effective on Oct. 3,
2016.

On Sept. 21, 2016, the Debtors filed the E-Side Plan and the
Disclosure Statement for the Fourth Amended Joint Plan of
Reorganization of Energy Future Holdings Corp., et al., pursuant
to Chapter 11 of the Bankruptcy Code as it applies to the EFH
Debtors and EFIH Debtors.


EVANS & SUTHERLAND: Posts $185,000 Net Income for First Quarter
---------------------------------------------------------------
Evans & Sutherland Computer Corp. filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income of $185,000 on $8.04 million of sales for the three
months ended March 31, 2017, compared to net income of $236,000 on
$7.90 million of sales for the three months ended April 1, 2016.

As of March 31, 2017, Evans & Sutherland had $25.88 million in
total assets, $24.06 million in total liabilities and $1.82 million
in total stockholders' equity.

"[W]e believe existing liquidity resources and funds generated from
forecasted revenue will be sufficient to meet our current and
long-term obligations.  We continue to operate in a rapidly
evolving and often unpredictable business environment that may
change the timing or amount of expected future cash receipts and
expenditures."

In the first three months of 2017, $508,000 of cash used in
operating activities was attributable to $382,000 of cash provided
by the net income for the period, after the effect of $197,000 of
non-cash items plus an unfavorable change to working capital of
$890,000.  The change to working capital was driven by increases in
inventory and receivables attributable to the timing of billings
and new customer orders, an increase in prepaid expenses and
restricted cash for performance guarantees on several large
contracts, and an increase in accrued liabilities attributable to
payroll schedules.

In the first three months of 2016, $1,645,000 of cash provided by
operating activities was attributable to $415,000 of cash provided
by the net income for the period, after the effect of $179,000 of
non-cash items plus a favorable change to working capital of
$1,230,000.  The change to working capital was driven by the timing
of progress payments from customer contracts, a decrease in
inventory attributable to customer deliveries, an increase in
accounts payable attributable to the timing of purchases, and an
increase in accrued expenses attributable to payroll schedules.

Cash used in investing activities was $55,000 for the three months
ended March 31, 2017, compared to $22,000 for the same period of
2016.  Investing activities for both periods presented consisted
entirely of property and equipment purchases.  

For the three months ended March 31, 2017, financing activities
used $52,000 of cash compared to $65,000 in 2016 for principal
payments on mortgage notes.

The Company is a party to a line-of-credit agreement with a
commercial bank which permits borrowings of up to $1,100,000 to
fund the working capital requirements of Spitz.  Under the line of
credit agreement, interest is charged on amounts borrowed at the
lender's prime rate less 0.25%.  Any borrowings under the Credit
Agreement are secured by Spitz real and personal property and all
of the outstanding shares of Spitz common stock.  The
line-of-credit agreement and mortgage notes (with the same
commercial bank) contain cross default provisions whereby a default
on either agreement will result in a default on both agreements.
There were no borrowings outstanding under the line-of-credit
agreement as of March 31, 2017.

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

                    https://is.gd/LFgvX8

                  About Evans & Sutherland

Salt Lake City, Utah-based Evans & Sutherland Computer Corporation
in conjunction with its wholly owned subsidiary, Spitz Inc.,
creates innovative digital planetarium systems and cutting-edge,
full-dome show content.  E&S has developed Digistar 5, the world's
leading digital planetarium with full-dome video playback,
real-time computer graphics, and a complete 3D digital astronomy
package fully integrated into a single theater system.  This
technology allows audiences to be immersed in full-color, 3D
computer-generated interactive worlds.  As a full-service system
provider, E&S also offers Spitz domes, hybrid planetarium systems
integrated with Digistar and a full range of theater systems from
audio and lighting to theater automation.  E&S markets include
planetariums, science centers, themed attraction venues, and
premium large-format theaters.  E&S products have been installed in
over 1,300 theaters worldwide.

Evans & Sutherland reported net income of $1.74 million for the
year ended Dec. 31, 2016, compared to a net loss of $1.27 million
for the year ended Dec. 31, 2015.  As of Dec. 31, 2016, the Company
had $26.21 million in total assets, $24.62 million in total
liabilities and $1.59 million in total stockholders' equity.


EVERMILK LOGISTICS: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Evermilk Logistics LLC
        6615 W 500 N
        Frankton, IN 46044

Case No.: 17-03613

Business Description: Evermilk Logistics is a milk hauling company
                      taking milk to the Eastern and Central
                      United States.  Evermilk Logistics currently
                      is picking up 20-25 tanker loads of milk
                      each day.  It currently employs over 60
                      driver and administrative/maintenance
                      personnel.

                      Web site: http://www.evermilklogistics.net

Chapter 11 Petition Date: May 15, 2017

Court: United States Bankruptcy Court
       Southern District of Indiana (Indianapolis)

Judge: Hon. Jeffrey J. Graham

Debtor's Counsel: Terry E. Hall, Esq.
                  FAEGRE BAKER DANIELS LLP
                  300 N Meridian St Ste 2700
                  Indianapolis, IN 46204
                  Tel: 317-237-0300
                  E-mail: terry.hall@faegrebd.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Teunis Jan Willemsen, member.

The Debtor failed to include a list of its 20 largest unsecured
creditors at the time of the filing.

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

         http://bankrupt.com/misc/insb17-03613.pdf


FANSTEEL INC: Wants to Continue Using Cash Collateral
-----------------------------------------------------
Fansteel, Inc., Wellman Dynamics Corporation, and Wellman Dynamics
Machinery & Assembly, Inc., seek permission from the U.S.
Bankruptcy Court for the Southern District of Iowa to continue
using cash collateral.

As reported by the Troubled Company Reporter on April 5, 2017,
Judge Anita L. Shodeen overruled the objections to the joint motion
for continued use of cash collateral filed by the Debtors.
Fansteel, Nuclear Regulatory Commission and Oklahoma Department of
Environmental Quality submitted a stipulation during the hearing on
the continued use of cash collateral.  Accordingly, the parties are
directed to file a stipulation or proposed consent order on or
before March 29, 2017, which will be approved by the Court.

The Debtors request that the Court enter an order authorizing the
continued use of cash collateral through and including the week
ending July 7, 2017.

The Debtors seek to have the total operating cash receipts budget
variance modified from 15% to 25% for the applicable measuring
period.

The Debtors seek to modify and reduce the minimum weekly ending
cash balance from $1,328,000 to $400,000.

The Debtors seek authority to continue the making the $40,000
monthly Muskogee Health and Safety payments.

A copy of the Debtors' motion and the budget is available at:

          http://bankrupt.com/misc/iasb16-01823-853.pdf

                       About Fansteel

Headquartered in Creston, Iowa, Fansteel operates four business
units at four locations in the USA and one in Mexico with a
workforce of more than 600 employees.  Fansteel generated
approximately $87.4 million in revenue in 2015 on a consolidated
basis.  WDC contributes approximately 67% of Fansteel's sales.  The
rest of the sales are generated from Intercast, a division of
Fansteel, and other non-debtor subsidiaries, as disclosed in court
documents.

Fansteel, Inc., dba Fansteel Intercast, dba Fansteel Wellman
Dynamics, dba Fansteel American Sintered Technologies, Wellmand
Dynamics Corporation, and Wellman Dynamics Machinery & Assembly,
Inc., filed Chapter 11 petitions (Bankr. S.D. Iowa Lead Case No.
16-01823) on Sept. 13, 2016.  The petitions were signed by Jim
Mahoney, CEO.  The cases are assigned to Judge Anita L. Shodeen.
The Debtors disclosed total assets of $32.9 million and total debt
of $41.97 million.

The Debtors tapped Jeffrey D. Goetz, Esq., and Krystal R.
Mikkilineni, Esq., at Bradshaw, Fowler, Proctor & Fairgrave, P.C.,
as counsel; RSM US LLP as tax advisor; Jeffrey Sands and Dorset
Partners, LLC, as business broker; and Mark J. Steger, Esq., at the
Clark Hill Law Firm as Environmental Counsel.

The U.S. Trustee for Region 12 on Sept. 23, 2016, appointed nine
creditors of Fansteel Inc. to serve on the official committee of
unsecured creditors.  The Official Committee retained Morris
Anderson & Associates, Ltd., as financial advisor, and Archer &
Greiner, P.C., and Nyemaster Goode, P.C., as counsel.

The Troubled Company Reporter has earlier reported that the U.S.
trustee for Region 12 announced that the nine-member unsecured
creditors' committee of Fansteel, Inc., will no longer serve as the
official committee in the company's Chapter 11 case.  The
bankruptcy watchdog added that it will be reconstituted as the
official committee of unsecured creditors in the Chapter 11 cases
of Wellman Dynamics Corp. and Wellman Dynamics Machinery &
Assembly, Inc.  In a filing March 22, 2017, the U.S. trustee
disclosed that a new creditors' committee has not yet been
appointed in Fansteel's bankruptcy case.


FIRSTCASH INC: Moody's Affirms Ba3 CFR & Alters Outlook to Pos.
---------------------------------------------------------------
Moody's Investors Service affirmed FirstCash, Inc.'s (FirstCash)
Ba3 corporate family and senior unsecured ratings, and changed the
outlook to positive from stable.

RATINGS RATIONALE

The Ba3 ratings reflect the company's stable and profitable retail
merchandise sales associated with the company's pawn lending
operations as well as the company's status as a significant player
in the highly fragmented pawn store industry in the US and Mexico.
Balancing these positive elements are certain credit challenges,
including execution risk related to First Cash's 2016 merger with
Cash America, vulnerability to gold prices, and rapid growth in
store count in the US and Mexican market.

The increased execution risk associated with the Cash America
acquisition, which more than doubled First cash on a total asset
basis, is partly mitigated by First Cash's successful track record
of acquiring and integrating other pawn stores while maintaining
moderate leverage and solid profitability

The positive outlook reflects Moody's expectations that leverage
will be conservatively managed over the integration period
mitigating the execution risk mostly associated with integrating
systems and maintaining a strong control environment.

FirstCash's financial fundamentals are a key credit strength to the
ratings. Its net income to average managed assets has been
consistently strong, which Moody's expects to continue. The
earnings primarily reflect the strong financial performance of its
pawn lending and retail merchandise business. The company maintains
a solid capital level, with an adjusted tangible common equity to
tangible managed assets (TCE to TMA) of 45.6 % as of 31 March 2017,
a significant increase from 20.4% on June 30, 2016, prior to the
merger.

Positive rating actions could materialize if the company maintains
a strong tangible equity position as well as solid profitability as
it completes its integration of Cash America and conversion of all
Cash America stores to single FirstPawn IT platform, which is
scheduled for completion by the end of Q3 2017.

Negative ratings pressure could develop if the company experiences
a significant reduction in profitability, and/or increased
leverage, causing a significant deterioration in interest
coverage.

The principal methodology used in these ratings was Finance
Companies published in December 2016.


FIRSTENERGY SOLUTIONS: Signs Deal to Settle Contract Disputes
-------------------------------------------------------------
Consistent with the previously disclosed agreement in principle to
settle claims with respect to a long-term coal transportation
contract, on May 1, 2017, FirstEnergy Corp. (FE), and FirstEnergy
Generation, LLC (FG), a wholly-owned subsidiary of FirstEnergy
Solutions Corp. (FES), entered into a definitive Settlement
Agreement with CSX Transportation, Inc. and BNSF Railway Company,
which resolves the contract disputes between FG and the Railroads.

Pursuant to the Settlement Agreement, FG will pay the Railroads
$109 million payable in three annual installments the first of
which was made on May 1, 2017.  FE has also agreed to
unconditionally and continually guarantee the settlement payments
due by FG pursuant to the terms of the Settlement Agreement.  The
Settlement Agreement further provides that in the event of the
initiation of bankruptcy proceedings or failure to make timely
settlement payments, the unpaid settlement amount will immediately
accelerate and become due and payable in full.  Further, FE and FG,
and the Railroads, agree to release, waive and discharge each other
from any further obligations under the claims covered by the
Settlement Agreement upon payment in full of the settlement amount.
Until such time, the Railroads will retain the claims covered by
the Settlement Agreement and in the event of a bankruptcy
proceeding, the Railroads will be entitled to seek damages for
those claims in an amount to be determined by the arbitration panel
or otherwise agreed by the parties.

As previously-disclosed, FG is subject to separate proceedings with
BNSF and Norfolk Southern Corp. (NS) related to another long-term
coal transportation contract.  Although these proceedings are still
in the early stages, the parties to this dispute are also engaged
in settlement discussions.  If the BNSF and NS dispute is not
settled and upon a finding of liability, the amount of damages that
may be ultimately awarded to BNSF and NS could be material and may
cause FES to seek protection under U.S. bankruptcy laws.

                     About FirstEnergy

FirstEnergy and its subsidiaries are principally involved in the
generation, transmission and distribution of electricity.
FirstEnergy's ten utility operating companies comprise one of the
nation's largest investor-owned electric systems, based on serving
six million customers in the Midwest and Mid-Atlantic regions.  Its
regulated and unregulated generation subsidiaries control nearly
17,000 MWs of capacity from a diverse mix of non-emitting nuclear,
scrubbed coal, natural gas, hydroelectric and other renewables.
FirstEnergy's transmission operations include approximately 24,000
miles of lines and two regional transmission operation centers.

FirstEnergy reported a net loss of $6.17 billion for the year ended
Dec. 31, 2016, compared to net income of $578 million for the year
ended Dec. 31, 2015.

PricewaterhouseCoopers LLP, in Cleveland, Ohio, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, citing that FirstEnergy Solutions
Corp.'s current financial position and the challenging market
conditions impacting liquidity raise substantial doubt about its
ability to continue as a going concern.

                         *   *    *

In January 2017, Fitch Ratings assigned a 'CC' Long-Term Issuer
Default Ratings to FirstEnergy Solutions (FES) and its operating
subsidiaries, FirstEnergy Generation (FG) and FirstEnergy Nuclear
Generation (NG).

As reported by the TCR on Mayy 15, 2017, S&P Global Ratings lowered
its issuer credit rating on FirstEnergy Solutions Corp. to 'CCC'
from 'CCC+'.  

FirstEnergy Solutions Corp carries a Caa1 corporate family rating
from Moody's.


FLORIDA EAR: Plan Confirmation Hearing on June 22
-------------------------------------------------
The Hon. K. Rodney May of the U.S. Bankruptcy Court for the Middle
District of Florida has conditionally approved Florida Ear & Sinus
Center, P.A.'s disclosure statement dated May 5, 2017, referring to
the Debtor's plan of reorganization.

A hearing to consider the confirmation of the Plan and final
approval of the Disclosure Statement will be held on June 22, 2017,
at 11:00 a.m.  Objections to the Disclosure Statement and the Plan
must be filed no later than seven days prior to the date of the
hearing.

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


All creditors and parties in interest that assert a claim against
the Debtor which arose after the filing of the case, including all
professionals seeking compensation from the estate of the Debtor
pursuant to Bankruptcy Code Section 330, must file motions or
applications for the allowance of such claims with the Court no
later than 14 days after the May 8, 2017 entry of the court order.


              About Florida Ear & Sinus Center, P.A.

Headquartered in Sarasota, Florida, Florida Ear & Sinus Center,
P.A., owns and operates a medical practice which specializes in the
treatment of diseases and surgery of the ears, nose and throat.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. M.D.
Fla. Case No. 17-01120) on Feb. 13, 2017, estimating its assets and
liabilities at between $100,001 and $500,000 each. Harley E.
Riedel, Esq., at Stichter Riedel Blain & Postler, P.A., serves as
the Debtor's bankruptcy counsel.

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


FUNCTION(X) INC: Inks Deal to Sell $10 Million Preferred Shares
---------------------------------------------------------------
Function(x) Inc. entered into binding agreements for the sale of
$10,000,000 of its Series G Convertible Preferred Stock to certain
accredited investors pursuant to separate subscription agreements
at a price of $1,050.00 per share of Series G Stock.  Of that
amount, the Company's chairman and chief executive officer also
entered into a Subscription Agreement for the purchase of
$2,200,000 of Series G Stock on the same terms and subject to the
same conditions of other Subscribers.  The closing of the sale of
the Series G Stock was expected to be on or prior to May 5, 2017.

The Series G Stock is convertible into shares of the Company's
common stock, par value $0.001 per share, based on a conversion
calculation equal to the stated value of such Series G Stock, plus
all accrued and unpaid dividends, if any as of such date of
determination, divided by the conversion price.  The stated value
of each share of Series G Stock is $1,000 and the initial
conversion price is $1.05 per share, each subject to adjustment for
stock splits, stock dividends, recapitalizations, combinations,
subdivisions or other similar events.  The Series G Stock, with
respect to dividend rights and rights on liquidation, winding-up
and dissolution, in each case will rank senior to the Company’s
common stock and all other securities of the Company that do not
expressly provide that such securities rank on parity with or
senior to the Series G Stock.  Until converted, each share of
Series G Stock is entitled to votes in an amount that does not
exceed the number of shares that would be determined based upon the
closing bid price as reported on NASDAQ for the day immediately
prior to the issuance date of Series G Stock on any matter
submitted for a vote of stockholders, subject to NASDAQ
limitations.  The Company has the right to require conversion of
Series G Stock into Common Stock at any time the closing bid price
of the common stock equals or exceeds $1.50 per share for at least
10 consecutive trading days as long as there is an effective
registration statement covering such shares or the holder is
eligible to sell those shares under an applicable exemption from
registration, including Rule 144 during that period.  On and
following June 1, 2017, conversion of the Series G Stock is based
upon a conversion rate as follows:

                  Base Amount/Conversion Price

wherein the Base Amount means the Stated Value thereof, plus unpaid
dividends on the date of determination and the Conversion is equal
to the lower of $1.05 per share and the Closing Bid Price (as
determined in accordance with NASDAQ or other principal market upon
which the Company's Common Stock is then traded) on the day
immediately prior to the conversion date (but not less than $0.10
per share).

On May 1, 2017, the issuance of the Series G Stock, issuance of
additional shares to the Company's Chairman and chief executive
officer, and the participation of the Company's officers,
directors, consultants and employees in the foregoing matters,
including the purchase of Series G Stock by the Company's Chairman
and chief executive officer, was authorized by written consent of
the Company's stockholders.

The Series G Stock was offered and sold solely to "accredited
investors" in reliance on the exemption from registration afforded
by Rule 506 of Regulation D and Section 4(a)(2) of the Securities
Act of 1933, as amended.  

On May 1, 2017, the Company filed the Certificate of Designations,
Preferences and Rights of the Series G Stock with the Secretary of
State of the State of Delaware designating 20,120 shares of
preferred stock as "Series G Convertible Preferred Stock".

The holder of 60.4% of the Company's issued and outstanding Common
Stock as of May 1, 2017 (the record date), approved the following,
in accordance with NASDAQ Listing Rule 5635:

   (a) The issuance of shares of the Company's Series F Preferred
       Stock in accordance with the provisions of the Note
       Exchange Agreement described in the Company's Current
       Report on Form 8-K filed with the SEC on April 19, 2017,
       which is convertible into up to 23,367,619 shares of common

       stock of the Company; and
   
   (b) The issuance of up to 20,120 shares of Series G Stock in
       connection with the private placement, which is convertible
       into up a maximum of 201,200,000 shares of common stock of
       the Company.

                    About Function(x)Inc.

Based in New York, FunctionX Inc (NASDAQ:FNCX) is a diversified
media and entertainment company.  The Company conducts three lines
of businesses, which are digital publishing through Wetpaint.com,
Inc. (Wetpaint) and Rant, Inc. (Rant); fantasy sports gaming
through DraftDay Gaming Group, Inc. (DDGG), and digital content
distribution through Choose Digital, Inc. (Choose Digital).  The
Company's segments include Wetpaint, which is a media channel
reporting original news stories and publishing information content
covering television shows, music, celebrities, entertainment news
and fashion; Choose Digital, which is a business-to-business
platform for delivering digital content; DDGG, which is a
business-to-business operator of daily fantasy sports, and Other.
The Company's digital publishing business also includes Rant, which
is a digital publisher that publishes original content in over 13
verticals, such as in sports, entertainment, pets, cars and food.

The Company incurred a net loss of $63.68 million for the year
ended June 30, 2016, compared to a net loss of $78.53 million for
the year ended June 30, 2015.  As of Dec. 31, 2016, Function(x) had
$31.80 million in total assets, $27.94 million in total liabilities
and $3.85 million in total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
June 30, 2016, citing that the Company has suffered recurring
losses from operations and at June 30, 2016, has a deficiency in
working capital that raise substantial doubt about its ability to
continue as a going concern.


FUNCTION(X) INC: Will Use Investment Proceeds for Working Capital
-----------------------------------------------------------------
FUNCTION(X) INC. has accepted subscriptions for the issuance of
$10,000,000 in restricted Series G Preferred Equity, which will be
initially convertible into shares of its common stock at a price of
$1.05 per share.  The gross proceeds to Function(x) from this
offering are expected to be approximately $10,000,000 before
deducting expenses associated with the transaction.

The proceeds of this transaction will be used for working capital
and to execute on the Company's expansion plan, which is an
integral part of the Company's long-term mission to become the
preeminent 21st century digital media platform.

Function(x)'s largest shareholder, Robert F.X. Sillerman, executive
chairman and CEO, led the placement.  "We are pleased to announce
this Placement at a milestone moment for Function(x)," said Robert
F.X. Sillerman.  "This Placement, and the collaborations with our
partners to come, enables us to expand and grow the business with
the objective of creating the leading digital media platform.  We
anticipate leveraging our collective resources as we focus on long
term value creation."

                    About Function(x)Inc.

Based in New York, FunctionX Inc (NASDAQ:FNCX) is a diversified
media and entertainment company.  The Company conducts three lines
of businesses, which are digital publishing through Wetpaint.com,
Inc. (Wetpaint) and Rant, Inc. (Rant); fantasy sports gaming
through DraftDay Gaming Group, Inc. (DDGG), and digital content
distribution through Choose Digital, Inc. (Choose Digital).  The
Company's segments include Wetpaint, which is a media channel
reporting original news stories and publishing information content
covering television shows, music, celebrities, entertainment news
and fashion; Choose Digital, which is a business-to-business
platform for delivering digital content; DDGG, which is a
business-to-business operator of daily fantasy sports, and Other.
The Company's digital publishing business also includes Rant, which
is a digital publisher that publishes original content in over 13
verticals, such as in sports, entertainment, pets, cars and food.

The Company incurred a net loss of $63.68 million for the year
ended June 30, 2016, compared to a net loss of $78.53 million for
the year ended June 30, 2015.  As of Dec. 31, 2016, Function(x) had
$31.80 million in total assets, $27.94 million in total liabilities
and $3.85 million in total stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
on the consolidated financial statements for the year ended
June 30, 2016, citing that the Company has suffered recurring
losses from operations and at June 30, 2016, has a deficiency in
working capital that raise substantial doubt about its ability to
continue as a going concern.


GABEL LEASE: Needs Until July 21 to Obtain Plan Confirmation
------------------------------------------------------------
Gabel Lease Service, Inc. asks the U.S. Bankruptcy Court for the
District of Kansas for an extension of approximately 60 days or
until July 21, 2017, of the period to obtain confirmation of its
Plan of Reorganization, and any amendments thereto.

The Court previously extended the Debtor's deadline to file a
disclosure statement and plan to March 20 and to confirm a plan to
May 19.

The Debtor relates it has already filed on March 20, 2017, its
Disclosure Statement and a Plan that seeks to pay creditors in
full, including its general unsecured creditors over a 5-year
period of time, and is now in the process of filing an amended
disclosure statement to resolve certain objections raised to the
Disclosure Statement. The hearing on the Disclosure Statement has
been continued to June 8.

The Debtor relates that it has continued to engage in discussions
with certain key creditors and parties in interest regarding its
assets and liabilities and the resolution of certain issues related
thereto. The Debtor's efforts resulted in agreements being reached
with parties who objected to the Disclosure Statement. Currently,
the Debtor has continued its efforts to reach the same consensual
resolution of the Plan and the Debtor reasonably believes that a
resolution with its creditors is possible.

The Debtor claims that since the last extension, the claims bar
date has passed. The Debtor contends that Larson Engineering, Inc.
d/b/a Larson Operating, Inc. has filed a very large unsecured claim
that if allowed, will enable Larson to control the unsecured
creditor's class for voting purposes on the Plan and will
significantly impact the Debtor's ability to obtain a consensual
confirmation. Accordingly, the Debtor has objected to Larson's
claim and litigation is currently pending on the Debtor's
objection.

In addition, the Debtor contends that are several significant
insider transfers that has been identified in the Debtor's
Statement of Financial Affairs, which could possibly be avoided
under the Bankruptcy Code and the Kansas Uniform Fraudulent
Transfers Act for the benefit of unsecured creditors. Consequently,
the Unsecured Creditor's Committee is conducting an ongoing
investigation regarding the nature and extent of any avoidable
transfers.

                    About Gabel Lease Service

Gabel Lease Service, Inc. operates as a roustabout company in and
around Ness City, Kansas.  GLS also sells pumping units to
customers. Due to the current economic climate, GLS's business
suffered a significant decrease in cash flow.  The drop in
oil-and-gas prices has decreased the frequency in which GLS
provides roustabout services to customers and decreased the number
of customers willing to purchase pumping units from GLS.

Early 2016, Larson Engineering, Inc., d/b/a Larson Operating Co.,
filed suit against GLS in Ness County District Court, alleging that
it purchased 28 Gabel pumping units in 2008 and 2009 from GLS and
took delivery of only 5 pumping unit over a 5-year period.

Eventually, on Dec. 7, 2015, Larson claims it demanded the delivery
of the remaining units and filed suit when GLS failed to do so.
Facing the Larson Suit and other cash-flow problems, Gabel Lease
Service filed a Chapter 11 petition (Bankr. D. Kan. 16-11948) on
Oct. 5, 2016.  The petition was signed by Brian Gabel, president.
At the time of filing, the Debtor estimated assets at $100,000 to
$500,000 and liabilities at $1 million to $10 million in estimated
liabilities.
      
The Chapter 11 case is assigned to Judge Robert E. Nugent.  The
Debtor is represented by Nicholas R. Grillot, Esq., at Hinkle Law
Firm, LLC.  The Debtor hired Keenan Law Firm, P.A. as special
counsel; and Adams, Brown, Beran & Ball, Chtd. as its accountant.

On November 21, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee hired Tom
R. Barnes II, Esq., at Stumbo Hanson, LLP as its legal counsel.


GARDNER DENVER: Moody's Hikes CFR to B2; Outlook Stable
-------------------------------------------------------
Moody's Investors Service upgraded the Corporate Family Rating
("CFR") and Probability of Default Ratings of Gardner Denver, Inc.
("Gardner Denver") to B2 and B2-PD from B3 and B3-PD, respectively.
The CFR upgrade is based on the anticipated meaningful debt
reduction from Gardner Denver's initial public offering ("IPO")
proceeds as well as the company's improvement in operating
performance on a year-over-year basis and improved end-market
fundamentals. Concurrently, Moody's affirmed the B2 ratings on the
company's senior secured revolving credit facility and term loans
and assigned a SGL-2 speculative grade liquidity rating ("SGL")
denoting good liquidity. The company's existing unsecured notes due
2021 are unchanged at Caa2 and will be withdrawn upon redemption.
The ratings outlook is stable.

Moody's took the following rating actions on Gardner Denver, Inc.:

Ratings Upgraded:

Corporate Family Rating, to B2 from B3

Probability of Default Rating, to B2-PD from B3-PD

Ratings Affirmed:

Senior secured revolving credit facility due 2018, at B2 (LGD-3)

Senior secured revolving credit facility due 2020, at B2 (LGD-3)

$1.9 billion senior secured term loan due 2020, at B2 (LGD-3)

EUR400 million senior secured term loan due 2020, at B2 (LGD-3)

Ratings Unchanged:

$575 million senior unsecured notes due 2021, at Caa2 (LGD-6)*

*Unsecured notes rating to be withdrawn upon redemption.

Ratings Assigned:

SGL-2

Outlook, Changed to Stable from Negative

RATINGS RATIONALE

The ratings upgrade was driven by the anticipated $735 million
reduction in funded debt from IPO proceeds and related interest
expense savings and cash flow benefits. The company's financial
leverage profile is anticipated to improve meaningfully with
debt/EBITDA declining to 5.3x from 7.0x (including Moody's standard
adjustments) upon debt repayment. The expected debt reduction is
occurring concurrent with signs of a stabilization to moderate
improvement in the company's core energy and industrial
businesses.

Gardner Denver's B2 CFR is reflective of its well-established
position in engineered products, diversity by end-market and
geography, healthy margins and good free cash flow generation. The
company's EBITDA margins are supported by its brand strength and
benefits from restructuring efforts that are expected to continue.
The ratings reflect the expectation that debt/EBITDA will decline
to under 5.0x and EBIT/interest coverage will improve to close to
2.0x over the next 12 to 18 months. Moody's believes there is event
risk related to the potential debt-funded acquisitions and
monetization of KKR's remaining approximate 75% equity position in
the company following the IPO. The company's good liquidity also
supports the ratings.

The ratings also reflect the company's relatively large scale
(approximately $2.0 billion annual revenue base), its sizable
aftermarket business (approximately one third of sales) and its
diversity by end-market and geography with over half of sales
generated abroad. These factors temper the high degree of
cyclicality in certain of its end-markets such as oil and gas and
certain industrial businesses. In 2014 and 2015, the company had
sizable impairment charges but as the company's end-markets have
stabilized, the company's level of impairment charges has declined
meaningfully. Positively, the company's EBITDA margins have
remained high despite top line revenue declines from pressure on
the energy sector and flat to low growth in the industrials
business. The expectation for continued moderate EBITDA improvement
is supported by the company's positive backlog trends, increased
domestic oil rig counts and expectation for moderate growth in the
industrial sector.

Moody's affirmed the B2 credit facility ratings despite the CFR
upgrade because of the elimination of the unsecured notes, which
would have absorbed first loss in the event of default in the
pre-IPO debt structure.

Gardner Denver's SGL-2 rating reflects Moody's expectation that the
company will maintain good liquidity over the next year. The
company reported cash balances of approximately $206 million (as of
March 31, 2017 pro forma for the IPO) as well as relatively modest
levels of scheduled amortization on term debt (1% per annum or
about $23 million). The bulk of the cash is held overseas but is
available to support domestic liquidity if necessary
notwithstanding potential tax leakage upon repatriation. Moody's
expects the company to generate positive free cash flow in the
mid-single-digits as a percentage of debt over the next 12 months.
External liquidity is provided by a $360 million revolving credit
facility with the anticipation that it will remain undrawn over the
next 12 months. A step-down in the commitment to $270 million in
July 2018 will not meaningfully affect liquidity. Additionally, the
company possesses a $75 million receivables securitization facility
due 2019 that it utilizes for letters of credit but can access for
borrowings in the event needed. Moody's does not expect the
revolver's maximum 7.5x secured debt-to-EBITDA covenant to be
triggered and believes there is good headroom under the covenant.
There are no term loan financial maintenance covenants.

The stable rating outlook is based on the expectation that the
company's operating earnings will moderately improve due to
stabilizing to positive end-market fundamentals in certain of the
company's businesses.

A ratings downgrade would be considered if the company's liquidity
profile were to weaken including a decline in free cash flow
generation and/or increased reliance on its revolving credit
facility, lack of improvement in top line revenue performance on a
year-over-year basis as well as debt-to-EBITDA reaching and
consistently above 6.0x. A debt-financed dividend and/or share
repurchases would also exert downward ratings pressure.

An upward rating action would be driven by expectations of
debt-to-EBITDA sustained below 4.5x, free cash flow-to-debt
increasing to the high single digit level as well a sustained
stabilization and improvement in energy end-markets and a strong
liquidity profile.

The principal methodology used in these ratings was Global
Manufacturing Companies published in July 2014.

Gardner Denver, Inc. ("Gardner Denver"), headquartered in
Milwaukee, WI is a global manufacturer of compressors, pumps and
blowers used in general industrial, energy, medical and other
markets. Funds affiliated with Kohlberg Kravis Roberts & Co. L.P.
("KKR") purchased the company in July 2013. Post the company's May
2017 IPO, KKR remains a controlling shareholder, owning roughly
three quarters of the company's common shares. For the twelve
months ended March 31, 2017, the company generated revenues of
approximately $2.0 billion.


GAURI-SHANKAR LP: Unsecureds to Recover 100% in Periodic Payments
-----------------------------------------------------------------
Gauri-Shankar, L.P., filed with the U.S. Bankruptcy Court for the
Western District of Pennsylvania a disclosure statement dated May
3, 2017, referring to the Debtor's plan of reorganization dated
April 28, 2017.

Under the Plan, unsecured creditors will receive the full value of
their claims.
Secured creditors will retain their lien and be paid the full value
of their secured interest.

Periodic payments will be made to creditors.  The amount of each
payment (aggregate to all unsecured claimants) is $6768.64.  The
estimated date of first payment is August 1, 2017.  The estimated
date of last payment is July 1, 2022.

Equity One, Inc., has not filed a claim and will not receive
payment.  Its mortgage will be avoided.

The Debtor has no priority creditors.

Funds for planned payments, including funds necessary for capital
replacement, repairs, or improvements will be taken from Achyut
Tope.

The Disclosure Statement is available at:

         http://bankrupt.com/misc/pawb16-24066-68.pdf

                  About Gauri-Shankar L.P.

Gauri-Shankar, L.P., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 16-24066) on Oct. 31,
2016.  The petition was signed by Francisco de Juan, president.  

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


GOLFSMITH INTERNATIONAL: Seeks September 11 Plan Filing Extension
-----------------------------------------------------------------
Golfsmith International Holdings, Inc. and its Debtor-affiliates
request the U.S. Bankruptcy Court for the District of Delaware to
extend the period during which the Debtors have the exclusive right
to file a chapter 11 plan through and including September 11, 2017,
as well as the period during which the Debtors have the exclusive
right to solicit acceptances of such filed plan through and
including November 8, 2017.

The Debtors and Golf Town have conducted business operations with
164 stores across nine provinces in Canada and 29 states of the
United States of America and employed thousands of full-time and
part-time employees, as of the Petition Date.  The Debtors claim
that transitioning from such a large operation through the stages
of Chapter 11 is a significant undertaking, and the Debtors have
done so while seeking to maximize the value of their assets for the
benefit of their stakeholders.

The Debtors relate that they have made meaningful progress in these
cases. Among other significant accomplishments, the Debtors have
worked toward winding down their businesses and affairs by: (a)
commencing and concluding the Store Closing Sales, (b) selling
their headquarters located in Austin, Texas, (c) assuming and
assigning numerous unexpired leases, and (d) rejecting other
burdensome executory contracts and unexpired leases. As a result,
the Debtors have sold substantially all of their assets and are
working diligently towards an exit strategy that will facilitate
the distribution of the value obtained from these efforts to the
Debtors' various creditor constituencies.  

The Debtors tell the Court that they are now poised to productively
move forward with the next stage of these chapter 11 cases,
including reviewing claims filed by various parties, and preparing
and consulting with constituent representatives regarding exit
strategies.

Such that, the Debtors contend that termination of the Exclusive
Periods at this time would be a serious detriment to the Debtors'
estates and to interested parties that have invested significant
time and resources in these chapter 11 cases. The Debtors further
contend that such termination would adversely impact the Debtors'
efforts to preserve and maximize the value of these estates and the
progress of the chapter 11 cases, dis-incentivize creditors from
negotiating with the Debtors, and reduce the Debtors' prospects
from successfully exiting these chapter 11 cases.

The Debtor's Motion and any objections to the extension of the
exclusivity periods will be considered at a hearing on June 7, 2017
at 2:00 p.m.  Objections are due on or before May 26.

           About Golfsmith International Holdings, Inc.

Headquartered in Austin, Texas, Golfsmith International Holdings,
Inc., the parent company of Golfsmith International, Inc., is a
holding company. The Company is a specialty retailer of golf and
tennis equipment, apparel, footwear and accessories. The Company
operates as an integrated multi-channel retailer, providing its
customers the convenience of shopping in the retail stores across
United States, through its Internet site,
http://www.golfsmith.com/,and from its catalogs.   

The Company  offers a product selection that features national
brands, pre-owned clubs and its branded products. It offers a
number of  customer services and customer care initiatives,
including its  club trade-in program, 30-day playability guarantee,
115% low- price guarantee, its credit card, in-store golf lessons,
and  SmartFit, its club-fitting program. As of Jan. 1, 2011, the
Company operated 75 stores in 21 states and 33 markets.

Golfsmith International Holdings, Inc., and 12 affiliates filed
Chapter 11 petitions (Bankr. D. Del. Case No. 16-12033) on Sept.
14, 2016.  The petitions were signed by Brian E. Cejka, chief
restructuring officer.  The Debtors are represented by Mark D.
Collins, Esq., John H. Knight, Esq., Zachary I. Shapiro, Esq., and
Brett M. Haywood, Esq., at Richards, Layton & Finger, P.A., in
Wilmington, Delaware; and Michael F. Walsh, Esq., David N.
Griffiths, Esq., and Charles M. Persons, Esq., at Weil, Gotshal &
Manges LLP, in New York.

The Debtors' financial advisor is Alvarez & Marsal North America,
LLC. The Debtors' investment banker is Jefferies LLC.  The Debtors'
claims, noticing and solicitation agent is Prime Clerk  LLC. Pope
Shamsie & Dooley LLP serves as tax accountants.

At the time of filing, the Debtor estimated assets and liabilities
at $100 million to $500 million.

Andrew Vara, acting U.S. trustee for Region 3, on Sept. 23, 2016,
appointed seven creditors to serve on the official committee of
unsecured creditors.  The Committee hires Cooley LLP as lead
counsel, Chaitons LLP as Canadian counsel, Polsinelli PC as
Delaware counsel, Province, Inc. as financial advisor, and A&G
Realty Partners as real estate advisor.


GREAT FALLS DIOCESE: Hires NAI Business Properties as Realtor
-------------------------------------------------------------
Roman Catholic Bishop of Great Falls, Montana, a Montana Religious
Corporation Sole (Diocese of Great Falls - Billings) has filed an
amended application seeking approval from the U.S. Bankruptcy Court
for the District of Montana to employ NAI Business Properties as
realtor.

The Debtor requires NAI to sell, advertise, list and show property
to procure an offer to purchase the Our Lady of Guadalupe Church,
523 South 29th Street, Billings, Montana.

The Debtor has agreed to pay NAI 5% commission of the sales price
paid or 6% of gross leased amount, if leased.

Matt Robertson, realtor/broker with NAI Business Properties,
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.

NAI can be reached at:

     Matt Robertson
     NAI Business Properties
     3312 4th Avenue N
     Billings, MT 59101
     Phone: (406)256-5000
     Fax: (406) 256-9494

                 About The Roman Catholic Bishop
                        of Falls, Montana

The Roman Catholic Bishop of Falls, Montana, a Montana Religious
Corporate Sole, aka Diocese of Great Falls-Billings --
http://www.dioceseofgfb.org/-- filed a Chapter 11 bankruptcy      
petition (Bankr. D. Mont. Case No. 17-60271) on March 31, 2017.

The Hon. Benjamin P. Hursh presides over the case.

Bruce Alan Anderson, Esq., at Elsaesser Jarzabek Anderson Elliott
& MacDonald, CHTD.; and Gregory J. Hatley, Esq., at Davis Hatley
Haffeman & Tighe PC, serve as counsel to the Debtor.

In its petition, the Debtor listed $20.75 million in total assets
and $14.78 million in total liabilities.  The petition was signed
by Michael W. Warfel, Bishop.


GREAT FALLS DIOCESE: Panel Hires Pachulski Stang as Counsel
-----------------------------------------------------------
The Official Committee of Unsecured Creditors of Roman Catholic
Bishop of Great Falls, Montana, a Montana Religious Corporation
Sole (Diocese of Great Falls - Billings), seeks authorization from
the U.S. Bankruptcy Court for the District of Montana to retain
Pachulski Stang Ziehl & Jones LLP as counsel for the Committee
effective May 5, 2017.

The Committee requires Pachulski Stang to:

     a. assist, advise and represent the Committee in its
consultations with the Debtor regarding the administration of this
Case;

     b. assist, advise and represent the Committee in analyzing the
Debtor's assets and liabilities, investigating the extent and
validity of liens or other interests in the Debtor's property and
participate in and review any proposed asset sales, any asset
dispositions, financing arrangements and cash collateral
stipulations or proceedings;

     c. review and analyze all applications, motions, orders,
statements of operations and schedules filed with the Court by the
Debtor or third parties, advise the Committee as to their
propriety, and, after consultation with the Committee, take
appropriate action;

     d. prepare necessary applications, motions, answers, orders,
reports and other legal papers on behalf of the Committee;

     e. represent the Committee at hearings held before the Court
and communicate with the Committee regarding the issues raised, as
well as the decisions of the Court;

     f. perform all other legal services for the Committee which
may be necessary and proper in this Case and any related
proceeding(s);

     g. represent the Committee in connection with any litigation,
disputes or other matters that may arise in connection with this
Case or any related proceeding(s);

     h. assist, advise and represent the Committee in any manner
relevant to reviewing and determining the Debtor's rights and
obligations under leases and other executory contracts;

     i. assist, advise and represent the Committee in investigating
the acts, conduct, assets, liabilities and financial condition of
the Debtor, the Debtor's operations and the desirability of the
continuance of any portion of those operations, and any other
matters relevant to this Case;

     j. assist, advise and represent the Committee in their
participation in the negotiation, formulation and drafting of a
plan of liquidation or reorganization;

     k. assist, advise and represent the Committee on the issues
concerning the appointment of a trustee or examiner under section
1104 of the Bankruptcy Code;

     l. assist, advise and represent the Committee in understanding
its powers and its duties under the Bankruptcy Code and the
Bankruptcy Rules and perform other services as are in the interests
of those represented by the Committee;

     m. assist, advise and represent the Committee in the
evaluation of claims and on any litigation matters, including
avoidance actions; and

     n. provide such other services to the Committee as may be
necessary in this Case or any related proceeding(s).

Pachulski Stang lawyers and professionals who will work on the
Debtor's case and their hourly rates are:

     James I. Stang, Esq.     $1,050     
     Kenneth H. Brown         $650
     Ilan D. Scharf           $650
     Paralegals               $175-$255

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

James I. Stang, Esq., attorney with the law firm of Pachulski Stang
Ziehl & Jones LLP, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code, and does not represent any interest adverse to
the Debtor and its estates.

Pachulski Stang can be reached at:

     James I. Stang, Esq.
     Pachulski Stang Ziehl & Jones LLP
     10100 Santa Monica Boulevard, 13th Floor
     Los Angeles, CA 90067
     Phone: (310) 277-6910
     Fax: (310) 201-0760
     E-mail: jstang@psjzlaw.com

                 About The Roman Catholic Bishop
                        of Falls, Montana

The Roman Catholic Bishop of Falls, Montana, a Montana Religious
Corporate Sole, aka Diocese of Great Falls-Billings --
http://www.dioceseofgfb.org/-- filed a Chapter 11 bankruptcy      
petition (Bankr. D. Mont. Case No. 17-60271) on March 31, 2017.

The Hon. Benjamin P. Hursh presides over the case.

Bruce Alan Anderson, Esq., at Elsaesser Jarzabek Anderson Elliott
& MacDonald, CHTD.; and Gregory J. Hatley, Esq., at Davis Hatley
Haffeman & Tighe PC, serve as counsel to the Debtor.

In its petition, the Debtor listed $20.75 million in total assets
and $14.78 million in total liabilities.  The petition was signed
by Michael W. Warfel, Bishop.


GULFMARK OFFSHORE: Has Deal, to File for Chapter 11 by May 21
-------------------------------------------------------------
GulfMark Offshore, Inc. (otcpink:GLFM) reached an agreement with
certain noteholders on a comprehensive financial restructuring
that, when implemented, will strengthen the Company's competitive
and financial position.  Holders of approximately 47% of the
Company's unsecured 6.375% senior notes due 2022 (the "Senior
Notes") have signed a Restructuring Support Agreement (the "RSA").

Under the terms of the RSA, the Company will convert its
outstanding Senior Notes to 35.65% of the equity in a reorganized
GulfMark, resulting in the elimination of approximately $430
million in outstanding debt and approximately $27 million in annual
interest payments.  The Company will also launch a $125 million
rights offering to holders of its Senior Notes for an additional
60% of the equity in a reorganized GulfMark, providing liquidity to
fund its operations.  The $125 million rights offering will be
backstopped by certain holders of the Senior Notes. Existing
shareholders will receive 0.75% of the equity as well as warrants
for an additional 7.5% of the equity in the reorganized GulfMark.
The warrants will have a 7-year term and an exercise price based on
a reorganized overall equity value of $1 billion.

The restructuring will be implemented through a voluntary chapter
11 bankruptcy filing of the Company on or before May 21, 2017.  The
Company will continue its operations throughout the process. The
Company has entered into a commitment letter, subject to certain
conditions including execution of definitive documentation, for
financing to support its operations during the process.

"The restructuring will enhance our competitive position when
contracting with customers and vendors, and it will substantially
strengthen our capital structure and liquidity," said Quintin
Kneen, President and Chief Executive Officer.  "While the industry
conditions remain challenging, this debt reduction and rights
offering will significantly enhance GulfMark's financial
position."

Mr. Kneen continued, "We will continue to focus on being the
provider and employer of choice in the industry.  Our employees'
dedication to providing safe and reliable services to our customers
enables us to be the first call in the offshore vessel industry,
and I want to thank them for their service to GulfMark.  This
restructuring enables us to continue meeting our ongoing
obligations to all customers, employees, and vendors.  We are
confident that this step will position GulfMark to seize
opportunities as the downturn continues and in the eventual market
recovery."

Additional information on the RSA will be filed with a Form 8-K
with the U.S. Securities and Exchange Commission.

This press release does not constitute an offer to sell or purchase
any securities, which would be made only pursuant to definitive
documents and an applicable exemption from the Securities Act of
1933, as amended.

GulfMark has retained Weil, Gotshal & Manges LLP as legal counsel
and Alvarez & Marsal North America, LLC and Evercore Group LLC as
financial advisors.

                     About Gulfmark Offshore

GulfMark Offshore, Inc., a Delaware corporation, was incorporated
in 1996.  The Company provides offshore marine support and
transportation services primarily to companies involved in the
offshore exploration and production of oil and natural gas.  The
Company's vessels transport materials, supplies and personnel to
offshore facilities, and also move and position drilling and
production facilities.  The majority of the Company's operations
are conducted in the North Sea, offshore Southeast Asia and
offshore the Americas.  The Company currently operates a fleet of
73 owned or managed offshore supply vessels, or OSVs, in the
following regions: 30 vessels in the North Sea, 13 vessels offshore
Southeast Asia, and 30 vessels offshore the Americas.  The
Company's fleet is one of the world's youngest, largest and most
geographically balanced, high specification OSV fleets.  The
Company's owned vessels have an average age of approximately nine
years.

GulfMark incurred a net loss of $202.97 million in 2016 following a
net loss of $215.23 million in 2015.  The Company's balance sheet
at Dec. 31, 2016, showed $1.05 billion in total assets, $604.3
million in total liabilities and $449.6 million in total
stockholders' equity.

KPMG LLP, in Houston, Texas, issued a "going concern" qualification
in its report on the consolidated financial statements for the year
ended Dec. 31, 2016, noting that the Company expects to be in
violation of certain of their financial covenants which will result
in the Company's debt becoming subject to acceleration, which raise
substantial doubt about its ability to continue as a going
concern.

                       *     *     *

In March 2017, S&P Global Ratings lowered its corporate credit
rating on U.S.-based offshore service provider GulfMark Offshore to
'D' from 'CCC-'.  "Gulfmark has entered into a 30-day-grace period
to make the March 15 interest payment on its 6.375% senior
unsecured notes due 2022," said S&P Global Ratings credit analyst
Kevin Kwok.  "The 'D' corporate credit and issue-level ratings
reflect our expectation that company will not make the interest
payment within the 30-day-grace period, and will instead seek a
debt restructuring," he added.

In March 2017, Moody's Investors Service downgraded GulfMark's
Corporate Family Rating (CFR) to 'Ca' from 'Caa3', Probability of
Default Rating (PDR) to 'Ca-PD' from 'Caa3-PD', and senior
unsecured notes to 'C' from 'Ca.


HAHN HOTELS: Has Court's Interim Nod to Use Cash Collateral
-----------------------------------------------------------
The Hon. Brenda T. Rhoades of the U.S. Bankruptcy Court for the
Eastern District of Texas entered an interim order granting
permission to Hahn Hotels of Sulphur Springs, LLC, et al., to use
cash collateral.

The final hearing, if required, on cash collateral use will be held
on May 30, 2017, at 10:00 a.m. (prevailing Central time).

A copy of the court order and the budget is available at:

          http://bankrupt.com/misc/txeb17-40947-48.pdf

As reported by the Troubled Company Reporter on May 11, 2017, the
Debtors sought court authorization to use cash collateral through
May 27, 2017.  The Debtors' prepetition lenders -- Pilgrim Bank,
Texas Bank and Trust, Wells Fargo/SBA, First National Bank of
Hughes Springs, Austin Bank, Texas Bank and Trust Company, and
Texas National Bank -- contend that their debt is secured by liens
on substantially all of the assets of Hahn Investments, LLC, and
its co-debtor subsidiaries and affiliates, including rents from
lodging properties, as well as approximately $67,000 in accounts
receivable that existed as of the Petition Date.  The Debtors need
to use cash to operate their businesses in order to avoid immediate
and irreparable harm to the Debtors and their estates.

                       About Hahn Hotels

La Quinta Inns and Suites provides hotel accommodations for
business and leisure travelers across the United States, Canada,
and Mexico.
     
Headquartered in Sulphur Springs, Texas, Hahn Hotels of Sulphur
Springs, LLC, d/b/a La Quinta Inn & Suites (Bankr. E.D. Tex. Case
No. 17-40947) and affiliates Hahn Investments, LLC (Bankr. E.D.
Tex. Case No. 17-60341), Hahn Hotels, LLC (Bankr. E.D. Tex. Case
No. 17-60342), Sleep Inn Property, LLC (Bankr. E.D. Tex. Case No.
17-60343), SI of Longview, LLC (Bankr. E.D. Tex. Case No.
17-60344), and Copeland's of Longview, LLC (Bankr. E.D. Tex. Case
No. 17-60345) filed for Chapter 11 bankruptcy protection on May 1,
2017.

Judge Brenda T. Rhoades presides over Case No. 17-40947.  Judge
Bill Parker presides over Case No. 17-60341.

Jessica Leigh Voyce Lewis, Esq., and Judith W. Ross, Esq., at The
Law Offices Of Judith W. Ross and Eric Soderlund, Esq., who has an
office in Dallas Texas, serve as the Debtors' bankruptcy counsel.

Hahn Hotels of Sulphur estimated its assets and liabilities at
between $1 million and $10 million each.

Hahn Investments estimated its assets and liabilities at between
$10 million and $50 million each.

The petitions were signed by Dante Hahn, president.


HANISH LLC: Phoenix REO Objects to Disclosure Statement
-------------------------------------------------------
Phoenix REO, LLC, objects to the third disclosure statement
explaining Hanish, LLC's third plan of reorganization (second
amended), filed by Hanish, LLC, because (1) the Disclosure
Statement contains insufficient, inaccurate, and misleading
information, and (2) the Debtor's proposed Third Plan is not
confirmable on its face which means that approval of the Disclosure
Statement would be futile.

More specifically, Phoenix REO complains that: "The Debtor has
violated several provisions of the Bankruptcy Code concerning the
classification of unsecured claims.  It has also taken steps to
artificially impair two classes of unsecured claims without any
proper justification, but for the sole, improper purpose of
creating an accepting, impaired class. In addition, the Debtor has
also sought to obtain an improper third-party release and
injunction running in favor of its principal, Nayan Patel. The
release and injunction provisions -- which Phoenix will not support
-- do not benefit the Debtor and instead only benefit the Debtor's
principal, Nayan Patel, who takes no active role in the Debtor's
business operations.

Phoenix REO is represented by:

     Alexander G. Rheaume, Esq.
     Jeffrey D. Ganz, Esq.
     RIEMER & BRAUNSTEIN LLP
     Three Center Plaza
     Boston, MA 02108
     Tel: (617) 523-9000
     Email: arheaume@riemerlaw.com

                        About Hanish, LLC

Hanish, LLC, owns and operates a 59-unit Fairfield Inn & Suites by
Marriott in Hooksett, N.H.  The company sought Chapter 11
protection (Bankr. D. N.H. Case No. 16-10602) on April 26, 2016,
and is represented by Steven M. Notinger, Esq., at Notinger Law,
PLLC.  The petition was signed by Nayan Patel, managing member.
Judge Bruce A. Harwood presides over the case.

The Debtor estimated its assets and debts at $1 million to $10
million at the time of the filing.  A list of the Debtor's 20
largest unsecured creditors is available for free at
http://bankrupt.com/misc/nhb16-10602.pdf


HAVEN CHICAGO: Hires Hansen Plahm as Accountant
-----------------------------------------------
Haven Chicago, LP seeks authorization from the U.S. Bankruptcy
Court for the Northern District of Illinois to employ Hansen, Plahm
& Co. as accountant.

The Debtor requires Hansen Plahm to assist the Debtor in
preparation of 2016 state and federal tax returns and other
financial statements required by the Court and deal with the claims
of the taxing authorities in this case.

The Debtor and Hansen Plahm agreed, subject to the approval of the
Court, the firm's Michael J. Plahm and other personnel of the firm
will undertake this representation at their standard hourly rates;
and that the individual presently designated to represent the
Debtor and the firm charges a one-time fee for not more than $1,750
for preparation of annual tax returns.

Michael J. Plahm, CPA, accountant in the firm of Hansen, Plahm &
Co., 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.

Hansen, Plahm & Co. may be reached at:

      Michael J.Plahm, CPA
      Hansen, Plahm & Co.
      8180 Cass Avenue
      Darien, IL 60561
      Tel: (630) 968-8897

                   About Haven Chicago LP

Haven Chicago LP sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N. D. Ill. Case No. 16-35506) on Nov. 7,
2016.  The petition was signed by Albert Adriani, manager.  

The case is assigned to Judge Jack B. Schmetterer.

At the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of $1 million to $10 million.

Richard G. Larsen, Esq., at Springer Brown, LLC, serves as the
Debtor's bankruptcy counsel.


HELIOPOWER INC: Has Interim OK to Obtain DIP Financing, Use Cash
----------------------------------------------------------------
The Hon. August B. Landis of the U.S. Bankruptcy Court for the
District of Nevada has entered an interim order authorizing
HelioPower, Inc., to secure $400,000 in postpetition financing from
Sierra Nevada Solar, Inc., and use cash collateral.

A final hearing to consider the Debtor's request for approval of
the financing and cash collateral use will be held on June 21,
2017, at 11:00 a.m., prevailing Las Vegas time.

Objections to the Debtor's request must be filed by June 7, 2017,
at 5:00 p.m., prevailing Pacific time.  Responses to the objections
must be filed by n June 14, 2017, at 5:00 p.m., prevailing Pacific
time.

The Debtor's payment and performance obligations in respect of the
Approved DIP Financing incurred by the Debtor in accordance with
the interim court order will be, and are secured by valid,
enforceable, non-avoidable, and automatically and properly
perfected first priority security interests and liens in favor of
the DIP Lender against the Debtor's property not otherwise subject
to a lien.

The DIP obligations will be, and are, further secured by valid,
enforceable, non-avoidable, and automatically and properly
perfected first priority security interests and liens in favor of
the DIP Lender against the Debtor's property subject to existing
prepetition liens, senior to existing prepetition liens.

The DIP Lender is granted adequate protection replacement liens in
and to all property of the kind securing the prepetition
obligations owing to the DIP Lender, including any property
purchased or acquired with the cash collateral and any proceeds
thereof, but excluding any causes of action under Chapter 5 of the
Bankruptcy Code.

The DIP Lender's superpriority administrative claims and
prepetition and post-petition security interests will be are
subordinated to allowed administrative expense claims of the
Debtor's professionals and professionals of a creditors' committee
in this case, if any, but only to the extent necessary to enable
those professionals to recover $75,000 from the Debtor's bankruptcy
estate in respect of allowed claims for compensation and payment of
reasonable expenses.

                     About HelioPower, Inc.

Heliopower Inc. filed a Chapter 11 petition (Bankr. D. Nev. Case
No. 17-12099) on April 25, 2017.  Maurice Rousso, president, signed
the petition.  The Debtor is represented by Samuel A. Schwartz,
Esq., at Schwartz Flansburg PLLC.  At the time of filing, the
Debtor estimated assets and liabilities ranging from $1 million to
$10 million.


HOPKINS COUNTY HOSP: Moody's Reviews B1 Rating for Downgrade
------------------------------------------------------------
Moody's Investors Service places Hopkins County Hospital District
(TX) B1 rating under review for downgrade, affecting $22.6 million
of outstanding debt.

RATINGS RATIONALE

The review for downgrade is based on the delayed receipt of audited
financial statements for fiscal year 2016 ended September 30.
Further, the action reflects complexity of cash flows at the
District as the hospital executed a newly-formed company and joint
venture with Christus Health (A1 stable) effective as of July 12th,
2016 whereby Christus Health is the majority 51% owner of
operations. The balance sheet of the District is not part of the
joint venture and the debt remains solely secured by the District.
Beginning on this date in 2016, hospital operations consolidate
into Christus Health's audited statements and a lease and
management agreement commenced. Christus Health does not provide
any financial guarantee for the Hopkins County Hospital District's
outstanding debt.

Moody's review will focus on the receipt, review and opinion of the
audit for FYE 2016 and will evaluate adequacy of headroom to
covenants under the Master Trust Indenture and bank documents at
Hopkins County Hospital District obligated group.

OBLIGOR PROFILE

Hopkins County Hospital District is a political subdivision of the
State of Texas, governed by a 7-member Board of Directors. In 2016,
the Board elected a new administrator.

METHODOLOGY

The principal methodology used in this rating was Not-For-Profit
Healthcare Rating Methodology published in November 2015.


HOTEL PARK: First Amended Disclosure Statement Filed
----------------------------------------------------
Hotel Park Regency LLC filed with the U.S. Bankruptcy Court for the
Eastern District of Virginia its latest disclosure statement, which
explains the company's Chapter 11 plan of reorganization.

According to the disclosure statement, Hotel Park will pay holders
of Class 3 unsecured claims $10,000 per month for 60 months, or 90%
of its net monthly profit, whichever is greater, in quarterly
installments.  These funds will be distributed on a pro-rata basis,
starting 90 days after the effective date of the plan.

The company proposes in its latest plan that the lien of Burcin
Kalender be avoided upon confirmation of the plan.

Mr. Kalender executed a deed of trust on Hotel Park's real property
in September 2012.  By the priority of the record, the claim is
third secured lien holder.  However, based on the value of the
property, the Kalender claim is wholly unsecured.

Funding for the plan will come from monthly rental income paid to
Hotel Park by three tenants. In addition, prior to the effective
date, the company will liquidate the life insurance and annuities,
and the net proceeds will be used to pay creditors, according to
the company's disclosure statement filed on May 2.

A copy of the first amended disclosure statement is available for
free at https://is.gd/Sl1lsN
    
                  About Hotel Park Regency LLC

Headquartered in Annandale, Va., Hotel Park Regency LLC filed for
Chapter 11 bankruptcy protection (Bankr. E.D. Va. Case No.
16-13442) on October 11, 2016.   In its petition, the Debtor
estimated $1 million to $10 million in assets and liabilities.  The
petition was signed by Moon Park, managing member.

Judge Brian F. Kenney presides over the case.  The Debtor hired
Richard G. Hall, Esq., and Weon Geun Kim, Esq., as bankruptcy
counsel.  Sang H. Kang & Associates serves as its accountant.

On March 29, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


ICTS INTERNATIONAL: Swings to $2.3 Million Net Income in 2016
-------------------------------------------------------------
ICTS International N.V. filed with the Securities and Exchange
Commission its annual report on Form 20-F disclosing net income of
US$2.34 million on US$255.6 million of revenue for the year ended
Dec. 31, 2016, compared to a net loss of US$4.70 million on
US$187.02 million of revenue for the year ended Dec. 31, 2015.

As of Dec. 31, 2016, ICTS had US$47.15 million in total assets,
US$80.63 million in total liabilities and a US$33.47 million total
shareholders' deficit.

As of Dec. 31, 2016 and 2015, the Company has a working capital
deficit of $1.5 million and $5.0 million, respectively.  During the
years ended Dec. 31, 2016, 2015 and 2014, the Company incurred
income (loss) from continuing operations of $2.3 million, $(4.7)
million and $1.5 million, respectively, and positive  cash flows
from operations of $3.5 million, $1.5 million, $4.1 million,
respectively.

The Company said there can be no assurances that management's plans
to generate sufficient cash flows from operations and obtain
additional financing from related parties or third parties will be
successful.

The Company's business plan projects income from operations and
compliance with all financial covenants.  Management believes that
this plan is achievable and that they will continue to generate
positive cash flows from operations.  Management also believes that
it will receive continued support from their lenders and majority
shareholder in financing operations.  There can be no assurance
that management will be successful in achieving its business plan.


"Our success will largely depend on the services of our senior
management and executive personnel.  The loss of the services of
one or more of such key personnel could have an adverse impact on
our operations.  Our success will also be dependent upon our
ability to hire and retain additional qualified executive
personnel.  We cannot assure you that we will be able to attract,
assimilate and retain personnel with the attributes necessary to
execute our strategy.  We cannot assure you that one or more of our
executives will not leave our employment and either work for a
competitor or otherwise compete with us," the Company stated in the
report.

A full-text copy of the Form 20-F is available for free at:

                     https://is.gd/EGtFBq

                   About ICTS International

ICTS International N.V. is a public limited liability company
organized under the laws of The Netherlands in 1992.  ICTS
specializes in the provision of aviation security and other
aviation services.  Following the taking of its aviation security
business in the United States by the TSA in 2002, ICTS, through
its subsidiary Huntleigh U.S.A. Corporation, engages primarily in
non-security related activities in the USA.

ICTS, through I-SEC International Security B.V., supplies aviation
security services at airports in Europe and the Far East.  In
addition, I-SEC Technologies B.V. including its subsidiaries
develops technological systems and solutions for aviation and non-
aviation security.


IHEARTCOMMUNICATIONS INC: Irving Azoff Quits as Director
--------------------------------------------------------
Irving L. Azoff resigned from the Board of Directors of
iHeartCommunications, Inc. effective May 3, 2017.  Mr. Azoff's
decision to resign as a director was not due to any disagreements
with the Company or on any matter relating to the Company's
operations, policies or practices, according to the Form 8-K report
filed with the Securities and Exchange Commission.

                   About iHeartCommunications

iHeartCommunications, Inc., formerly known as Clear Channel
Communications, Inc., is a global media and entertainment company.
The Company specializes in radio, digital, outdoor, mobile, social,
live events, on-demand entertainment and information services for
local communities, and uses its unparalleled national reach to
target both nationally and locally on behalf of its advertising
partners.  The Company is dedicated to using the latest technology
solutions to transform the company's products and services for the
benefit of its consumers, communities, partners and advertisers,
and its outdoor business reaches over 40 countries across five
continents, connecting people to brands using innovative new
technology.

IHeartcommunications reported a net loss attributable to the
Company of $296.31 million on $6.27 billion of revenue for the year
ended Dec. 31, 2016, compared to a net loss attributable to the
Company of $754.62 million on $6.24 billion of revenue for the year
ended Dec. 31, 2015.  As of Dec. 31, 2016, Iheartcommunications had
$12.86 billion in total assets, $23.74 billion in total liabilities
and a total shareholders' deficit of $10.88 billion.

                        *    *    *

iHeartCommunications carries a 'Caa2' Corp. corporate family rating
from Moody's Investors Service.

As reported by the TCR on Dec. 15, 2016, Fitch Ratings has
downgraded iHeartCommunications, Inc.'s Long-Term Issuer Default
Rating (IDR) to 'CC' from 'CCC'.  According to the report, the
downgrade reflects the increasing likelihood that iHeart will look
to restructure its debt within a year or two.

The TCR reported on March 17, 2017, that S&P Global Ratings lowered
its corporate credit rating on Texas-based media company
iHeartMedia Inc. and its subsidiary iHeartCommunications Inc. to
'CC' from 'CCC'.  The rating outlook is negative.  The downgrade
follows iHeartCommunications' announcement that it has offered to
exchange five series of priority-guarantee notes, its senior notes
due 2021, and its term loan D and E for longer-dated debt; and, in
certain scenarios, stock and warrants, or contingent value rights.
"Under all but one scenario, there would be a reduction in the
principal amount of debt outstanding and an extension of the debt
maturity by two years for exchanged debt," said S&P Global Ratings'
credit analyst Jeanne Shoesmith.  "The company's debt is trading at
significant discounts to par of 20%-60%, and we believe its capital
structure is unsustainable."


JOHN MARK OSSENMACHER: Creditors Seek Ch. 7 Conversion, Trustee
---------------------------------------------------------------
Capitol Records, LLC, Capitol Christian Music Group, Inc., and
Virgin Records IR Holdings, Inc., ask the U.S. Bankruptcy Court for
the Southern District of Florida to convert the Chapter 11
bankruptcy case of John Mark Ossenmacher to one under Chapter 7, or
alternatively, appoint a Chapter 11 Trustee.

The Debtor is the principal of ReDigi, Inc., another chapter 11
debtor.

According to the Motion, cause exists for the conversion of the
bankruptcy case because the Debtor is administratively insolvent
and that there is no reasonable likelihood of rehabilitation. Also,
the Debtor has also grossly mismanaged the estate and failed to
timely file complete its monthly operating reports.

Alternatively, the appointment of a chapter 11 trustee is also in
the best interests of the Debtor's creditors and estate. A chapter
11 trustee could neutrally evaluate whether the continued pursuit
of the Debtor's Appeal is in the best interest of the estate, as
well as independently determine whether the Debtor has any business
that could potentially be reorganized.

The Movants are represented by:

     Jerry M. Markowitz, Esq.
     Alan R. Rosenberg, Esq.
     MARKOWITZ RINGEL TRUSTY & HARTOG, P.A.
     9130 S. Dadeland Blvd.
     Miami, FL 33156-7858
     Fax: (305) 670-5011
     Email: jmarkowitz@mrthlaw.com
            arosenberg@mrthlaw.com

        -- and --

     Terence G. Banich, Esq.
     SHAW FISHMAN GLANTZ & TOWBIN LLC
     321 N. Clark St., Ste. 800
     Chicago, IL 60654
     Fax: (312) 980-3888
     Email: tbanich@shawfishman

John Mark Ossenmacher filed a Chapter 11 petition (Bankr. S.D. Fla.
Case No. 16-20810) on August 3, 2016, and is represented by Craig
I. Kelley, Esq.


JUNE 16 INC: Names John Sommerstein as Counsel
----------------------------------------------
June 16, Inc. seeks authorization from the U.S. Bankruptcy Court
for the District of Massachusetts to employ John F. Sommerstein,
Esq. as counsel.

The Debtor requires Mr. Sommerstein to:

   (a) analyze the financial situation, and rendering advice to
       the Debtor relating to filing this Petition;

   (b) prepare and file the Chapter 11 petition, and related
       documents, and schedules, statement of affairs, and all
       subsequent pleadings in the Court;

   (c) represent the Debtor in the Court, and at all meetings of
       creditors;

   (d) formulate the Debtor's Plan of Reorganization and any
       amendments, if warranted;

   (e) prepare the Debtor's Disclosure Statement and any
       amendments, if warranted;

   (f) complete all legal tasks required for confirmation; and

   (g) represent the Debtor in any subsequent proceedings under
       the Bankruptcy Code.

The hourly rate of Mr. Sommerstein is $375.

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

The Debtor paid Mr. Sommerstein a $4,500 retainer plus the filing
fee of $1,717.

Mr. Sommerstein 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 estate.

The counsel can be reached at:

       John F. Sommerstein, Esq.
       98 North Washington Street
       Boston, MA 02114
       Tel: (617) 523-7474
       E-mail: jfsommer@aol.com

Joyfull Ride and four affiliated entities filed separate chapter
11
petitions (Bankr. D. Mass. Lead Case No. 17-11617) on May 1, 2017.
The Hon. Frank J. Bailey oversees the cases.

The affiliates are June 16, Inc.; MISH, Inc.; Royal Transportation
Services, Inc.; and Southside Enterprises, Inc.


KATY INDUSTRIES: In Chapter 11 With Deal to Sell Business
---------------------------------------------------------
Katy Industries, Inc., a manufacturer, importer and distributor of
commercial cleaning and consumer storage products, sought Chapter
11 protection after reaching an agreement with a newly-created
entity co-owned by Highview Capital, LLC and affiliates of Victory
Park Capital Advisors, pursuant to which it would sell
substantially all of its assets for a combined cash and credit bid
offer.

According to Katy, this agreement would provide long-term financial
stability and supply Katy with the financial resources necessary to
sustain its ongoing operations and continue to implement its
business strategies.

Pursuant to Section 363 of the Bankruptcy Code, Katy filed a motion
for the implementation of bidding procedures to allow other
companies the opportunity to submit bids through a Court-supervised
process to purchase the assets being sold.  The proposed bidding
procedures contemplate a bid deadline of June 30, 2017, and an
auction on July 6, 2017.

Lincoln International LLC is being retained to conduct a sale
process under the bid procedures, pursuant to which Lincoln will
seek higher or better offers from prospective bidders interested in
purchasing the business as a whole or any of its component parts.

The Company anticipates the sale transaction, which is subject to
customary closing conditions, will be completed within 60 to 90
days.

"We believe this transaction is in the best interests of our
customers, employees, creditors and stakeholders," said Robert
Guerra, Katy President and Chief Executive Officer. "Our goal is to
put the Company on the proper financial footing, de-lever our
balance sheet and use the influx of new funding to recover the
business and position our operations for future growth while, at
the same time, providing a mechanism to address the liquidity
constraints and legacy liabilities that have impacted our ability
to operate efficiently and effectively.  By utilizing the Chapter
11 process, we are able to ensure an expedited and orderly sale
transaction."

Mr. Guerra noted that the Chapter 11 case and sale process should
have no material impact on the Company's ability to fulfill its
obligations to its customers and employees.  "During the sale
process, we will continue to provide our customers with the on-time
delivery of goods and services they demand.  Our daily operations
will continue as usual, our vendors will be paid for all supplies
furnished and services rendered subsequent to the filing, and all
day-to-day aspects of the business will continue without
interruption.  Taking care of customers is and will remain our
number one priority."  The Company has also filed motions that,
once approved by the Bankruptcy Court, will allow the Company to
continue paying employee wages, medical benefits and other programs
without interruption.  These motions are typical of the Chapter 11
process and are generally heard in the first days of the case.

In addition to the availability of cash collateral under its
current first lien facility, Katy also announced it has received a
commitment for up to $7.5 million in debtor-in-possession (DIP)
financing from the newly-created entity co-owned by Highview
Capital, LLC and affiliates of Victory Park Capital Advisors, LLC,
subject to court approval.  The DIP financing will be used to
maintain uninterrupted service and delivery of products to Katy
customers during the completion of the sale transaction, and to
ensure payment to vendors for post-petition purchases in the
ordinary course.

                       Road to Chapter 11

Stuart M. Brown, Esq., at DLA Piper LLP (US) explains that over the
years, the Company acted as an acquirer of various business units,
a number of which came with substantial legacy liabilities which
caused increasing strains on the Company's  liquidity.  More
recently, in mid-2015, the Company encountered  operational
challenges primarily as a result of the move of  its Bridgeton
manufacturing facility (now known as the Jefferson City facility),
which led to a marked decline in the Company's cash flow.  The
relocation, which involved moving all manufacturing operations,
caused prolonged  production delays,  triggered a substantial
increase in outsourcing and maintenance  costs, thereby reducing
revenue and costing the Company millions  of dollars in increased
costs.  Exacerbating these issues, the synergies expected to be
realized from the acquisition of the  Tiffin manufacturing facility
in late 2015 took longer than expected to realize, resulting in
further pressures to the Company's already fragile financial state.
Both the losses associated with the Bridgeton facility relocation,
and the  substantial  unrealized  investments relating to the
Tiffin  facility  acquisition, when combined with the Company's
significant legacy liabilities, led to severely constricted
liquidity  available to the Company under its existing  credit
arrangements.  Despite numerous efforts to seek alternative
financing or investments during this time, the Company was unable
to overcome these obstacles, leading to the filing of these chapter
11 cases.

The Debtors have determined that preserving and maximizing the
value of the Company for the benefit of its customers, employees,
vendors, and other stakeholders is best accomplished through the
sale of substantially all of their assets.  To this end, the
Debtors entered into  an asset purchase agreement with  Jansan
Acquisition, LLC, a newly created entity co-owned by Highview
Capital, LLC, a third-party investor and affiliate of Victory Park
Management, LLC, as administrative agent for the Company's
pre-petition second lien lender.  In addition, the Debtors procured
a $7.5 million debtor-in-possession financing (the "DIP Facility")
from Jansan (the "DIP Lender") to provide the Debtors with
sufficient liquidity to operate their businesses in chapter 11
during the pendency of the sale process.  With these commitments in
place, and given the Company's strong portfolio of  proprietary
brands, and that end-user demand for the Company's products is
stable and recurring, a sale process effectuated under section 363
of the Bankruptcy Code has the potential to preserve the jobs of
hundreds of employees and the value of products and brands
developed by the  Company over the last fifty years, ultimately
inuring to the benefit of all of the Debtors' stakeholders.  

               About Victory Park Capital Advisors

Victory Park Capital Advisors, LLC (VPC) --
http://www.victoryparkcapital.com/-- is an alternative investment
firm with a focus on providing privately negotiated debt and equity
capital solutions to small and middle market companies across a
wide range of industries. We target fundamentally sound businesses
in need of liquidity and/or capital structure transformation and
often take a leadership role in the financial restructuring
process. VPC's offerings leverage the firm's special situations and
credit structuring expertise and differentiated deal origination
capabilities. The firm was founded in 2007 and is headquartered in
Chicago, with resources in New York, Los Angeles and London.

VPC is privately held and a Registered Investment Advisor with the
SEC.

                      About Highview Capital

Highview Capital -- http://highviewcp.com/-- is an opportunistic
private equity investment vehicle headquartered in Los Angeles, CA
with approximately $500 million in assets under management.
Highview takes a bold approach to creating stable, long-term value
for middle-market businesses across numerous industries that are
facing an inflection point, including periods of transformation,
turnaround, growth, or expansion.

                       About Katy Industries

Katy Industries, Inc. (OTC:KATY) -- http://www.katyindustries.com/
-- a publicly traded Delaware corporation, and its wholly-owned
direct and indirect subsidiaries were organized as a Delaware
corporation in 1967.  The Company is a manufacturer, importer, and
distributor of commercial cleaning and consumer storage products as
well as a contract manufacturer of structural foam products.  It
distributes its products across  the United States and Canada.  It
is best known for such brands as Continental, Huskee, Color Guard,
Wilen, Muscle Mop, Contico, Tuffbin, and SilverWolf, among many
others.  

The Company operates three manufacturing facilities located in
Jefferson City, Missouri, Tiffin, Ohio, and Fort Wayne, Indiana,
with its corporate headquarters located in St. Louis, Missouri.  It
currently employs approximately 300 employees, and supplements its
workforce with a significant number of additional labor employed
through third parties.

In the fiscal year 2016, it generated revenues of approximately
$107.9 million across its various business units.  

Katy Industries, Inc. along with affiliates sought Chapter 11
protection (Bankr. D. Del. Lead Case No. 17-11101) on May 14, 2017.
The Debtors have moved for joint administration of their cases.
Lawrence Perkins, chief restructuring officer, signed the
petitions.

Katy Industries disclosed assets at $821,321 and liabilities at
$58,421,346.

The Debtors tapped Stuart M. Brown, Esq., at DLA Piper LLP (US) as
counsel; SierraConstellation Partners LLC as restructuring
advisors; and Lincoln International, Inc., as investment banker.

JND Corporate Restructuring, formerly UpShot Services, is the
claims agent.  It maintains the Web site
http://www.jndla.com/cases/Katy


LINIU TECHNOLOGY: UHY LLP Raises Going Concern Doubt
----------------------------------------------------
LiNiu Technology Group filed with the U.S. Securities and Exchange
Commission its annual report on Form 20-F, disclosing a net loss of
$214.98 million on $32.37 million of total revenues for the year
ended December 31, 2016, compared to a net income of $5.12 million
on $105 million of total revenues for the year ended December 31,
2015.

The audit report of UHY LLP states that the Company has experienced
a continued decrease in revenue, negative working capital, and
default on the credit agreements during 2016 and has relied on
loans from shareholders to fund their operations.  These conditions
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 $77.48 million, total liabilities of $75.34 million, all
current, and a stockholders' equity of $2.13 million.

A full-text copy of the Company's Form 20-F is available at:

                     http://bit.ly/2qGnYGv

Macau-based LiNiu Technology Group is engaged in offering
agricultural products and services.  The Company offers LiNiu
Network platform, which is electronic business to consumer (B2C),
customer to customer (C2C) and online to offline (O2O) trading
platform focused on the Chinese agricultural industry, at its
Website www.liniuyang.com and through its application on the
Android mobile operating system.  The Company offers its products
in a range of categories which include agricultural resource,
seeding agricultural products, agricultural and sideline products,
wisdom agriculture, tourism, financial, Chinese herbal medicine and
handicrafts.  It also conducts VIP gaming promotion business at
approximately five VIP gaming rooms located in over five casinos in
Macau and approximately two casinos in Australia.


LOMBARD MEDICAL: Baker Tilly Raise Going Concern Doubt
------------------------------------------------------
Lombard Medical, Inc., filed with the U.S. Securities and Exchange
Commission its annual report on Form 20-F, disclosing a net loss of
$31.03 million on $12.17 million of revenue for the year ended
December 31, 2016, compared to a net loss of $37.80 million on
$15.11 million of revenue for the year ended December 31, 2015.

The audit report of Baker Tilly Virchow Krause, LLP, states that
the company has suffered recurring losses from operations and
negative cash flows from operations and will require additional
financing to fund future operations.  These factors 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 $67.77 million, total liabilities of $53.79 million, and
a stockholders' equity of $13.97 million.

A full-text copy of the Company's Form 20-F is available at:

                     http://bit.ly/2rfLCXh

Lombard Medical, Inc., is a medical technology company specializing
in developing, manufacturing, and marketing endovascular
stent-grafts that address significant unmet needs in the repair of
aortic aneurysms.  The Company's Aorfix is an abdominal aortic
aneurysm (AAA) stent-graft for the treatment of AAAs with
angulation at the neck of the aneurysm of over 90 degrees.  The
Company supplies Aorfix pre-loaded into a delivery system, Aorflex,
which is designed for accurate placement of Aorfix in the abdominal
aorta.  The Company is based in United Kingdom.


LOST ACRES: D. McGill Seeks Ch. 11 Trustee, Examiner Appointment
----------------------------------------------------------------
Douglas McGill, a creditor of Lost Acres, LLC, asks the U.S.
Bankruptcy Court for the Northwestern District of Indiana to direct
the appointment of a Chapter 11 Trustee for the Debtor, or, in the
alternative, appoint a Chapter 11 Examiner.

According to Mr. McGill, the interests of the Debtor's creditors
would not be served by a dismissal which would result in prolonged
conflicting state court efforts by the creditors seeking payment
while the Debtor continues to mismanage its assets without any
oversight. Likewise, the conversion of the Debtor's case would be
less likely to generate a timely and satisfactory result than the
appointment of a trustee who could better protect the interests of
creditors by managing the Debtor's affairs including an orderly
liquidation of Debtor's assets and the payment to the Debtor's
creditors.

Mr. McGill further asserts that, if the Court does not order the
appointment of a trustee, the Court should, after notice and
hearing, order the appointment of an examiner to conduct an
investigation of whether the state of the Debtor is the result of
fraud, dishonesty, incompetence, misconduct, mismanagement or
irregularity in the management of the affairs of the Debtor.

The Creditor is represented by:

     Terry K. Hiestand, Esq.
     HIESTAND LAW OFFICE, LLC
     117 Broadway
     Chesterton, IN 46304
     Tel: (219) 926-2188
     Fax: (219) 926-4773
     Email: thiestand@hiestandlaw.com

                 About Lost Acres LLC

Based in Monticello, Indiana, Lost Acres LLC was formed in 2003 by
David Pavy, a Colorado resident, who then developed the Lost Acres
RV and Campground on 78 acres in White County. The Debtor operates
the Lost Acres RV Park and Campground on 58 acres, and 20 acres is
cash rented at $3,500.00 per annum.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Indiana Case No. 15-40390) on August 11, 2015.
The petition was signed by Angela M. Holbrook, a member. The case
is assigned to Judge Robert E. Grant.

At the time of the filing, the Debtor estimated assets of less than
$500,000 and liabilities of $1 million to $10 million.


LOUISIANA CRANE: Court to Continue Plan Outline Hearing on June 13
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Louisiana
will continue the hearing related to Louisiana Crane & Construction
LLC's disclosure statement on June 13, at 10:00 a.m.

The court ordered the company to file an amended disclosure
statement no later than May 30.  Objections are due by May 6.

Banc of America Leasing & Capital, LLC and several other creditors
of Louisiana Crane had earlier opposed court approval of the
disclosure statement.

In its objection, BALC said the disclosure statement does not have
any information regarding how the proposed plan will treat its
secured claim.  

BALC also said that the document identified Mack Financial Services
as the secured lender instead of the bank although the former has
already assigned its interests in a loan to the bank.

BALC's claim is based on a loan to Louisiana Crane made by Mack
Financial.  In January 2016, Mack assigned its interests in the
loan and the remaining collateral to BALC.

The disclosure statement had also drawn objections from Mack
Financial, Amegy Bank Business Credit, De Lage Landen Financial
Services Inc., Sterling National Bank, and Wells Fargo Equipment
Finance, Inc.  The objections revolve around the inadequacy of
information provided in the document.

BALC is represented by:

     John M. Landis, Esq.
     Stone Pigman Walther Wittmann LLC
     546 Carondelet Street
     New Orleans, LA 70130-3588
     Phone: (504) 581-3200
     Fax: (504) 581-3361
     Email: jlandis@stonepigman.com

Mack Financial is represented by:

     Scott R. Cheatham, Esq.
     Adams and Reese LLP
     4500 One Shell Square
     New Orleans, LA 70139
     Phone: (504) 581-3234
     Fax: (504)566-0210

Amegy Bank is represented by:

     Jason M. Medley, Esq.
     LeClairRyan. P.C.
     1233 West Loop South, Suite 1000
     Houston, TX 77027
     Phone: (713) 752-8317
     Fax: (713) 650-0027
     Email: Jason.Medley@leclairryan.com

De Lage Landen is represented by:

     Brandon A. Brown, Esq.
     William S. Robbins, Esq.
     Brandon A. Brown, Esq.
     Ryan J. Richmond, Esq.
     Stewart Robbins & Brown, LLC
     620 Florida Street, Suite 100
     Baton Rouge, LA 70801-174l
     Phone: (225) 231-9998
     Fax: (225) 709-9467

Wells Fargo is represented by:

     Richard A. Aguilar, Esq.
     Heather LaSalle Alexis, Esq.
     Mark J. Chaney, III, Esq.
     McGlinchey Stafford, PLLC
     601 Poydras Street, 12th Floor
     New Orleans, LA 70130
     Phone: (504) 586-1200
     Fax: (504) 596-2800

Sterling is represented by:

     B. Slattery Johnson, Jr., Esq.
     Blanchard, Walker, O'Quin & Roberts
     P.O. Drawer 1126 (71163)
     333 Texas Street, Suite 700 (71101)
     Shreveport, LA
     Phone: 318/221-6858
     Fax: 318/227-2967

                      About Louisiana Crane

Headquartered in Eunice, Louisiana, Louisiana Crane & Construction,
LLC, fka Louisiana Crane Company, LLC, filed for Chapter 11
bankruptcy protection (Bankr. W.D. La. Case No. 16-50876) on June
27, 2016, estimating its assets at up to $50,000 and its
liabilities at between $10 million and $50 million.  The petition
was signed by Douglas D. Marcantel, chief financial officer.

Judge Robert Summerhays presides over the case.

Michael A. Crawford, Esq., who has an office in Baton Rouge,
Louisiana, and Barry W. Miller, Esq., at Heller, Draper, Patrick,
Horn & Dabney, LLC, serve as the Debtor's bankruptcy counsel.

Henry Hobbs, Jr., acting U.S. trustee for Region 5, on July 22
appointed three creditors of Louisiana Crane & Construction, LLC,
to serve on the official committee of unsecured creditors.

On March 8, 2017, the Debtor filed a Chapter 11 plan of
reorganization and disclosure statement.


MAP HOLDING: Taps Kasen & Kasen as Attorney
-------------------------------------------
MAP Holding Company, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of New Jersey to employ Kasen &
Kasen as attorney.

The Debtor requires Kasen & Kasen to provide all services necessary
to represent the Debtor in the Chapter 11 case.

Kasen & Kasen will be paid at these hourly rates:

       David A. Kasen            $500
       Francine S. Kasen         $350
       Jenny R. Kasen            $350

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

Kasen & Kasen received a pre-petition retainer in the amount of
$15,000, plus reimbursement of the filing fee in the amount of
$1,717.

David A. Kasen, member of Kasen & Kasen, 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 estate.

Kasen & Kasen can be reached at:

       David A. Kasen, Esq.
       KASEN & KASEN
       1874 E. Marlton Pike, Suite 3
       Cherry Hill, NJ 08003
       Tel: (856) 424-4144
       Fax: (856) 424-7565

MAP Holding Company, LLC filed a Chapter 11 bankruptcy petition
(Bankr. D.N.J. Case No. 17-18967) on May 1, 2017, listing under $1
million in both assets and liabilities.  David A. Kasen, Esq., at
Kasen & Kasen, serves as counsel.


MARIOLA KIELCZEWSKA: DOJ Watchdog Ordered to Appoint Ch. 11 Trustee
-------------------------------------------------------------------
Judge Stacey L. Meisel of the U.S. Bankruptcy Court for the
District of New Jersey entered an Order directing the U.S. Trustee
to appoint a Chapter 11 trustee for Mariola Kielczewska.

The Order was made under the motion of Valley National Bank for an
order appointing an operating trustee for the Debtor.

The Court further ordered the adjournment of the other related
motions scheduled for May 9, 2017, to June 20, 2017, so that the
Chapter 11 Trustee may have time to review them.

Valley National Bank filed a Notice of Motion before the U.S.
Bankruptcy Court for the District of New Jersey, that on March 14,
2017, the bank will ask the Court to bar Mariola Kielczewska from
using the cash collateral securing the Debtor's indebtedness, or,
in the alternative, appoint an operating trustee.

Valley National Bank further requests the Debtor for an oral
argument.

The Movant is represented by:

         Stuart Gold, Esq.
         MANDELBAUM SALSBURG P.C.
         3 Becker Farm Road
         Roseland, NJ 07068
         Tel.: (973) 736-4600

Mariola Kielczewska filed a Chapter 11 petition (Bankr. D.N.J.
Case
No. 16-26891) on September 1, 2016, and is represented by Batya G.
Wernick, Esq.


MARRONE BIO: Ardsley Advisory Reports 12.1% Stake as of April 25
----------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of shares of common stock of Marrone Bio Innovations, Inc. as of
April 25, 2017:

                                     Shares       Percentage
                                   Beneficially       of
  Name                                Owned          Shares
  ----                             ------------   ----------
Ardsley Advisory Partners           3,681,580        12.1%
Philip J. Hempleman                 3,681,580        12.1%
Ardsley Partners I                  3,631,580        11.9%
Ardsley Partners Fund II, L.P.        595,300         2.0%
Ardsley Partners Institutional     
Fund, L.P.                            752,000         2.5%
Ardsley Partners Advanced
Healthcare Fund, L.P.                 437,700         1.4%
Ardsley Partners Renewable
Energy Fund, L.P.                   1,846,580         6.1%
Ardsley Duckdive Fund, L.P.            50,000         0.2%

The percentage ownership of the Reporting Persons is based on the
30,493,734 outstanding shares of Common Stock of the Company, as
disclosed on its Rule 424(b)(5) Prospectus filed with the SEC on
April 25, 2017.

A full-text copy of the regulatory filing is available at:

                      https://is.gd/88pfoc

                        About Marrone Bio

Marrone Bio makes bio-based pest management and plant health
products.  Bio-based products are comprised of naturally occurring
microorganisms, such as bacteria and fungi, and plant extracts. The
Company's current products target the major markets that use
conventional chemical pesticides, including certain agricultural
and water markets, where the Company's bio-based products are used
as alternatives for, or mixed with, conventional chemical products.
The Company also targets new markets for which (i) there are no
available conventional chemical pesticides or (ii) the use of
conventional chemical pesticides may not be desirable or
permissible either because of health and environmental concerns
(including for organically certified crops) or because the
development of pest resistance has reduced the efficacy of
conventional chemical pesticides.  All of the Company's current
products are approved by the United States Environmental Protection
Agency and registered as "biopesticides."

Marrone Bio reported a net loss of $31 million on $14 million total
revenue for the year ended Dec. 31, 2016, compared with a net loss
of $43.7 million on $9.8 million total revenue for the year ended
Dec. 31, 2015.  As of Dec. 31, 2016, the Company had $46 million
total assets, $76.2 total liabilities, and a $30.2 million total
stockholders' deficit.

Ernst & Young LLP issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016,
stating that the Company has incurred losses since inception, has a
net capital deficiency, and has additional capital needs that raise
substantial doubt about its ability to continue as a going concern.


MARSH SUPERMARKETS: May 18 Meeting Set to Form Creditors' Panel
---------------------------------------------------------------
Andy Vara, Acting United States Trustee for Region 3, will hold an
organizational meeting on May 18, 2016, at 10:00 a.m. in the
bankruptcy case of Marsh Supermarkets.

The meeting will be held at:

         The DoubleTree Hotel
         700 King Street
         Wilmington, DE 19801
         Salons E and F

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.

                    About Marsh Supermarkets

Founded in 1931, Marsh Supermarkets is a retail food chain
headquartered in Indianapolis, Indiana, with stores throughout
Central Indiana and parts of western Ohio.  A substantial majority
of the stores are operating under the Marsh Supermarkets banner,
and a handful of stores operate as O'Malia Food.

Marsh was publicly traded until May 2006, when it was acquired by
affiliates of Sun Capital Partners IV, LP and certain independent
investors.

As of the Petition Date, Marsh operates a total of 60 stores in
Indiana and Ohio, and have a workforce of approximately 4,400
employees.

On May 11, 2017, Marsh Supermarkets Holding, LLC and 15 affiliated
debtors each filed a voluntary petition for relief under Chapter
11
of the United States Bankruptcy Code (Bankr. D. Del. Lead Case No.
17-11066).

The cases are pending the Honorable Brendan Linehan Shannon, and
the Debtors have requested joint administration under Case No.
17-1106.

Young Conaway Stargatt & Taylor, LLP is serving as counsel to the
Debtors.  Clear Thinking Group is the restructuring advisors.
Peter J. Solomon Company is the investment banker.  Prime Clerk
LLC
is the claims and noticing agent.


MASHAL II ASSET: Taps Morgan & Bley as Counsel
----------------------------------------------
Mashal II Asset LLC seeks authorization from the US Bankruptcy
Court for the Northern District of Illinois, Eastern Division, to
employ Keevan D. Morgan and Alanna G. Morgan of Morgan & Bley, Ltd.
as additional attorneys to advise it as to its continuing duties
under Chapter 11 and to assist it in pursuing confirmation of its
Plan of Reorganization, as well as all other aspects of the case
that may arise between the present date and confirmation or other
resolution of the reorganization case.

Keevan Morgan's rate is currently $450 per hour, and Alanna
Morgan's is currently $265 per hour.

The Attorneys received a $10,000 fee retainer in this case, plus
the filing fee, from Yvet Farooqui, the spouse of the Debtor's sole
member.

Keevan D. Morgan, principal with the law firm of Morgan & Bley,
Ltd., attests that neither he, nor anyone employed by the firm has
any impermissible connection with Chizuco Coleman and/or Robert
Coleman, Jr., the creditors of the Debtors' estate, the Office of
the United States Trustee, or any party in interest, or any
interest adverse thereto.

The Firm can be reached through:

     Keevan D. Morgan, Esq.
     MORGAN & BLEY, LTD.
     900 W. Jackson Blvd.
     Chicago, IL 60607
     Tel: 312 243-0006 Ext. 29
     Fax: 312 243-0009
     Email: kmorgan@morganandbleylimited.com

                   About Mashal II Asset

Mashal II Asset is a single asset real estate (as defined in 11
U.S.C. Section 101(51B)).  Its principal asset is located at
4931-5021 W. Armitage Avenue Chicago, Illinois 60639.  Mashal II
Asset, LLC, based in Bartlett, Ill., filed a Chapter 11 petition
(Bankr. N.D. Ill. Case No. 17-09993) on March 30, 2017.  The Hon.
LaShonda A. Hunt presides over the case.  Keevan D. Morgan, Esq.,
at Morgan & Bley, Ltd., serves as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Terry
Farooqui, manager.

No official committee of unsecured creditors, trustee, receiver or
examiner, has been appointed in this case.


MASON TEMPLE: Plan Outline Okayed, Plan Hearing on June 28
----------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Wisconsin is
set to hold a hearing on June 28 to consider approval of the
Chapter 11 plan of reorganization for Mason Temple Church of God in
Christ, Inc.

The hearing will be held at 10:00 a.m., at the U.S. Courthouse,
Courtroom 133, 517 East Wisconsin Avenue, Milwaukee, Wisconsin.

Last month, the court approved Mason Temple's disclosure statement,
allowing it to start soliciting votes from creditors.  

The order set a June 7 deadline for creditors to file their
objections and a June 2 deadline to cast their votes accepting or
rejecting the plan.

             About Mason Temple Church of God in Christ

Mason Temple Church of God in Christ, Inc. filed a Chapter 11
bankruptcy petition (Bankr. E.D. WI. Case No. 16-30931) on November
7, 2016.  In its petition, the Debtor estimated $1 million to $10
million in both assets and liabilities.  The petition was signed by
Osie Tatum, Jr., pastor and trustee.

Judge Michael G. Halfenger presides over the case. The Law Offices
of Jonathan V. Goodman represents the Debtor as counsel.

On April 20, 2017, the court approved the Debtor's second amended
disclosure statement, which explains its Chapter 11 plan of
reorganization.  Both documents were filed on April 17, 2017.


MEDICINES CO: Notes Conversion Feature Casts Going Concern Doubt
----------------------------------------------------------------
The Medicines Company filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net loss
of $102.67 million on $24.22 million of total net revenues for the
three-months ended March 31, 2017, compared to a net loss of $92.45
million on $50.31 million of total net revenues for the same period
in 2016.

The Company's balance sheet at March 31, 2017, showed $1.59 billion
in total assets, $1.01 billion in total liabilities, $65.37 million
in equity component of currently redeemable convertible senior
notes, and a total stockholders' equity of $515.82 million.

In January 2015, the Company issued, at par value, $400 million
aggregate principal amount of 2.5% convertible senior notes due
2022.  As of April 1, 2017, the conditional conversion feature of
the 2022 Notes was triggered as a result of the trading price of
the Company's common stock during the first quarter of 2017, and
the holders are entitled to convert their 2022 Notes through June
30, 2017.  As the Company is required to settle the aggregate
principal amount of the 2022 Notes in cash, the liability component
related to the 2022 Notes with a carrying amount of $327.4 million
was classified as current and the equity component related to the
2022 Notes of $65.0 million was classified as mezzanine equity on
the accompanying condensed consolidated balance sheet at March 31,
2017.

If substantially all of the 2022 Notes were converted by the
holders, the Company believes that the existing cash and cash
equivalents of approximately $436.7 million as of March 31, 2017
together with the cash flows it generates from product sales and
other sources would not be sufficient to satisfy both this
obligation, and the Company's anticipated operating and other
funding requirements for the next twelve months from May 5, 2017.

A copy of the Form 10-Q is available at:

                       http://bit.ly/2qJOGOu

The Medicines Company is a global biopharmaceutical company focused
on advancing the treatment of acute and intensive care patients
through the delivery of medicines to the hospital marketplace
around the world.   It markets Angiomax (bivalirudin), Ionsys
(fentanyl iontophoretic transdermal system), Minocin (minocycline)
for injection and Orbactiv (oritavancin).  It also has a pipeline
of products in development, including Carbavance, inclisiran and
MDCO-700.  Carbavance is used for the treatment of hospitalized
patients with gram-negative bacterial infections.  Inclisiran is
used for the treatment of hypercholesterolemia.  MDCO-700 includes
sedative-hypnotic, which is used to induce and maintain sedation
for procedural care and general anesthesia for surgical care.



MESOBLAST LIMITED: Director Acquires 255,912 Ordinary Shares
------------------------------------------------------------
Mesoblast Limited submitted a Change in Director's Interest Notice
form to the Australian Securities Exchange.  

Donal O'Dwyer had exercised his option to acquire 255,912 ordinary
shares of Mesoblast for US$113,599.

Prior to the transaction, Mr. O'Dwyer held the following
securities:

     (a) 511,824 Options held as follows:

         * 255,912 options held directly; and

         * 255,912 options held indirectly.

     (b) 619,818 Ordinary Shares held as follows:

         * 300,000 shares held directly; and

         * 319,818 shares held indirectly.

Following the transaction, Mr. O'Dwyer held these securities:

    (a) 255,912 Options held as follows:

        * 255,912 options held directly; and

        * Nil options held indirectly.

    (b) 875,730 Ordinary Shares held as follows:

        * 555,912 shares held directly; and

        * 319,818 shares held indirectly.

A full-text copy of the regulatory filing is available at:

                    https://is.gd/WtLfXZ

                    About Mesoblast Ltd.

Melbourne, Australia-based Mesoblast Limited (ASX:MSB; Nasdaq:MESO)
develops cell-based medicines.  The Company has leveraged its
proprietary technology platform, which is based on specialized
cells known as mesenchymal lineage adult stem cells, to establish a
broad portfolio of late-stage product candidates.
Mesoblast's allogeneic, 'off-the-shelf' cell product candidates
target advanced stages of diseases with high, unmet medical needs
including cardiovascular diseases, immune-mediated and inflammatory
disorders, orthopedic disorders, and oncologic/hematologic
conditions.

As of Dec. 31, 2016, Mesoblast had $660.88 million in total
assets, $150.36 million in total liabilities and $510.51 million in
total equity.  Mesoblast reported a loss before income tax of
$90.82 million for the year ended June 30, 2016, compared to a loss
before income tax of $96.24 million for the year ended June 30,
2015.

PricewaterhouseCoopers, in Melbourne, Australia, issued a "going
concern" qualification on the consolidated financial statements for
the year ended June 30, 2016, citing that the Company has suffered
recurring losses from operations that raise substantial doubt about
its ability to continue as a going concern.


METALAST INT'L: Court Okays Sale of METALAST Trademark to MI-16
---------------------------------------------------------------
On April 4, 2017, federal bankruptcy court Judge Bruce T. Beesley
approved the sale of the USPTO-registered trademark "METALAST(R)"
from its legal owner, Metalast International, Inc. founder David M.
Semas, to MI-16 LLC (United States Bankruptcy Court, District of
Nevada Case No. 13-52337-BTB).  MI-16 LLC is an entity formed to
manage the affairs of the more than 900 investor/members in the
company formally known as Metalast International, LLC and who are
now the Plaintiffs in Alexander et al v. Meiling et al, a $90
million class action lawsuit alleging, among other things, fraud,
conspiracy, unjust enrichment, bad faith, breach of contract, and
breach of fiduciary duty (nevada federal district court case no.
3:16-cv-00572-MMD-VPC).

Metalast International, LLC (MILLC) was a provider of METALAST(R)
chemical products used for corrosion control, aluminum anodizing
and other metal finishing processes.  The company was founded by
David M. Semas in 1993 when he first put the USPTO registered
METALAST(R) trademark into commerce.  After more than a decade of
R&D and testing, METALAST(R) branded chemicals were approved and/or
specified by hundreds of leading manufacturers worldwide including
many Fortune 500 companies and the US Military.  The company is
perhaps best known for its development in partnership with the US
Navy of METALAST TCP-HF, the highly effective green chemical
replacement to the very harmful anti-corrosion chemical hexavalent
chromium.

Semas filed for bankruptcy in 2013 and listed the METALAST(R)
trademark as an asset; requiring that the bankruptcy court approve
any sale of the trademark.  A January 2015 order issued by Judge
Beesley in that proceeding barred Alexander et al defendants Dean &
Madylon Meiling from using the trademark in "any form or fashion
whatsoever."  

Ownership of the METALAST(R) trademark had been in dispute with the
Meilings who, despite having affirmed on the record their agreement
to be bound by the terms of the bankruptcy court's order, and
despite the court reaffirming a second time that the order was "an
absolute prohibition" -- even issuing a warning of finding them in
contempt -- have continued to use the name in all of their business
dealings with impunity.

This past January, the Meilings rejected an offer by Semas to sell
the trademark as part of a settlement of yet another suit they have
filed in federal court against he and his children (Nevada District
Court Case No. 3:15-cv-00294-MMD-VPC).  Subsequently, Marc Harris,
a co-Plaintiff in Alexander et al, the appointed Representative for
the 900+ member class, and Manager of MI-16, approached Semas with
a proposal to purchase the trademark.

The parties entered into an agreement and submitted it for approval
by Judge Beesley in the bankruptcy court in early February 2017.  
Despite considerable opposition to the sale by the Meilings, the
court denied their motions, and in a final hearing on April 4, 2017
the court approved the sale.

The final sale documents were duly executed, and the purchasers
within MI-16 LLC and the class Plaintiffs paid the agreed purchase
price in full, consummating the transaction.

The plaintiffs are represented by the Las Vegas law firm of Lee,
Hernandez, Landrum & Garofalo.


MIDWEST FARM: Wants to Use Cash Collateral for Operations
---------------------------------------------------------
Midwest Farm, L.L.C., asks for permission from the U.S. Bankruptcy
Court for the District of South Dakota to use $117,498.86 cash
collateral to maintain the operation of its business for the time
period June 1, 2017, through Sept. 30, 2017.  

The Debtor requests authorization to use cash collateral of $22,000
by June 1, 2017; $66,398.86 by July 1, 2017; $16,600 by Aug. 1,
2017; and $12,500 by Sept. 1, 2017, for a total of $117,498.86, all
in the operation of its business.  If any party objects to the cash
collateral use, the Debtor requests a hearing on the final request
on or before May 31, 2017 (excluding May 25, 2017, and May 26,
2017, as the Debtor's counsel is out-of-state on these days).

The cash collateral proposed to be used includes pre-and
post-petition proceeds from the sale of the Debtor's corn,
post-petition rental income, pre-petition proceeds from the sale of
Debtor's equipment, and pre-petition and post-petition funds from
Debtor's custom work and rebates and other funds received.

Plains Commerce Bank holds a first pre-petition security interest
through an agricultural business blanket lien, a first pre-petition
security interest in the pre-petition proceeds.

The Debtor earns from its farming operation, and a first
pre-petition mortgage position on real estate used in the Debtor's
operation.

The Debtor will continue to run and operate in the ordinary course
of business.

The Debtor made prior contact with the secured creditor and its
attorneys of record regarding the authorization of cash use, but
the secured creditor neither refuses nor agrees to the use of cash
collateral.

As adequate protection, the Debtor proposes to grant Plains
Commerce Bank replacement liens, excluding any lien on the 2017
crops, crop products and proceeds, crop insurances, and government
program proceeds or payments, in the same form and priority it held
pre-petition for the time periods requested herein for the use of
cash collateral to the extent such collateral is used.
Furthermore, the Debtor grants Plains Commerce Bank the right to
inspect the collateral, upon reasonable notice, and the Debtor
agrees to keep the collateral insured and to maintain the
collateral in its present condition, ordinary wear and tear
accepted.  Plains Commerce Bank is also adequately protected based
upon a large equity cushion on all assets, which Plains Commerce
Bank is vastly oversecured by approximately $3 million with its
position.

                    About Midwest Farm L.L.C.

Midwest Farm, L.L.C., is engaged in the business of grain farming
and custom farming with facilities located in and around Aurora,
South Dakota, and farms real estate located in Brookings County,
South Dakota; Moody County, South Dakota; and Lincoln County,
Minnesota.  Each of Douglas Stein and Dana Stein owns a 50%
membership interest in the Debtor.

Midwest Farm, L.L.C., filed a Chapter 11 petition (Bankr. D. S.D.
Case No. 17-40091) on March 24, 2017.  At the time of filing, the
Debtor had $9.69 million in total assets and $6.66 million in
Total liabilities.

The case is assigned to Judge Charles L. Nail, Jr.

Gerry & Kulm Ask, Prof. LLC, is serving as bankruptcy counsel, with
the engagement led by Laura L. Kulm Ask, Esq.  Kathy Meland is the
Debtor's agricultural financial consultant.

Proofs of claim are due on June 26, 2017.


MONAKER GROUP: Incurs $7.09 Million Net Loss in Fiscal 2016
-----------------------------------------------------------
Monaker Group, Inc. filed with the Securities and Exchange
Commission its annual report on Form 10-K disclosing a net loss of
$7.09 million on $400,277 of total revenues for the fiscal year
ended Feb. 28, 2017, compared to a net loss of $4.55 million on
$544,658 of total revenues for the fiscal year ended Feb. 29,
2016.

As of Feb. 28, 2017, Monaker had $2.58 million in total assets,
$3.01 million in total liabilities and a total stockholders'
deficit of $431,439.

"We have experienced liquidity issues due to, among other reasons,
our limited ability to raise adequate capital on acceptable terms,"
said the Company in the report.  "We have historically relied upon
the issuance of promissory notes that are convertible into shares
of our common stock to fund our operations and have devoted
significant efforts to reduce that exposure (as previously noted,
the liabilities have been reduced from $12.2 million as of February
28, 2015 to $3.0 million as of February 29, 2016).  We anticipate
that we will need to issue equity to fund our operations and
continue to repay our outstanding debt for the foreseeable future.
If we are unable to achieve operational profitability or we are not
successful in securing other forms of financing, we will have to
evaluate alternative actions to reduce our operating expenses and
conserve cash."

LBB & Associates Ltd. LLP, in Houston, TX, issued a "going concern"
qualification on the consolidated financial statements for the year
ended Feb. 28, 2017, stating that the Company's accumulated deficit
and limited financial resources raise substantial doubt about its
ability to continue as a going concern.

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

                     https://is.gd/DvQovP

                     About Monaker Group

Monaker Group, Inc. (OTCMKTS: MKGI), formerly known as Next 1
Interactive, Inc., is a digital media marketing company focusing on
lifestyle enrichment for consumers in the travel, home and
employment sectors.  Core to its marketing services are key
elements including proprietary video-centered technology and
established partnerships that enhance its reach.  Video is quickly
becoming consumer's preferred method of searching and educating
themselves prior to purchases.  Monaker's video creation technology
and film libraries combine to create lifestyle video offerings that
can be shared both to its customers and through trusted
distribution systems of its major partners.  The end result is
better engagement with consumers who gain in-depth information on
related products and services helping to both inform and fulfill
purchases.  Unlike traditional marketing companies that simply
charge for advertising creation, Monaker holds licenses and/or
expertise in the travel, real estate and employment sectors
allowing it to capture fees at the point of purchase while the
majority of transactions are handled by Monaker's partners.  This
should allow the company to capture greater revenues while
eliminating much of the typical overhead associated with
fulfillment.  Monaker core holdings include Maupintour,
NameYourFee.com, RealBiz Media Group - helping it to
deliver marketing solutions to consumers at home, work and play.


MOUNTAIN CREEK: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Affiliated debtors that filed Chapter 11 bankruptcy petitions:

    Debtor                                        Case No.
    ------                                        --------
    Mountain Creek Resort, Inc.                   17-19899
       dba MCRI
       dba Mountain Creek Waterpark
       dba Action Park
    200 State Route 94
    Vernon, NJ 07462

    Mountain Creek Services Inc.                  17-19900
    Mountain Creek Management, LLC                17-19901
    Mountain Creek Mountainslide, LLC             17-19903
    Mountain Leasing LLC                          17-19904
    Appalachian Liquors Corporation               17-19905


Business Description: The Debtors own and operate a four-season
                      resort located in Vernon, New Jersey.  The
                      Resort is the New York/New Jersey Metro
                      area's closest ski resort with 167 skiable
                      acres on four mountain peaks, 1,040 vertical
                      feet, 46 trails, and 11 lifts.  The Resort
                      offers a 34 lane snow tubing park, night
                      skiing with more than 1,000 lights on all
                      trails, North America's only eight passenger
                      open-air gondola, and the region's most
                      extensive, state of the art snowmaking
                      system.  In addition, the Resort offers
                      substantial summer operations including a 25

                      acre waterpark, an alpine roller coaster, a
                      bike park, and a zip line park.  The Debtors

                      filed their Chapter 11 cases in response to
                      a temporary decline in revenues caused by
                      warmer than average winter seasons and
                      planning missteps by prior ownership and
                      management that have left the Company with
                      large obligations that it is currently
                      not in a position to pay.

                      Web site: http://www.mountaincreek.com/

Chapter 11 Petition Date: May 15, 2017

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

Judge: Hon. Stacey L. Meisel

Debtors' Counsel: Kenneth A. Rosen, Esq.
                  Jeffrey D. Prol, Esq.
                  Nicole Fulfree, Esq.
                  Michael Papandrea, Esq.
                  LOWENSTEIN SANDLER LLP
                  65 Livingston Avenue
                  Roseland, New Jersey 07068
                  Tel: (973) 597-2500
                  Fax: (973) 597-2400
                  E-mail: krosen@lowenstein.com
                          jprol@lowenstein.com  
                          nfulfree@lowenstein.com
                          mpapandrea@lowenstein.com

Debtors'
Financial
Advisor:          GETZLER HENRICH & ASSOCIATES LLC

Debtors'
Business
Consultant:       HOULIHAN LOKEY CAPITAL, INC.

Debtors'
Claims &
Noticing
Agent:            PRIME CLERK LLC
                  https://cases.primeclerk.com/mountaincreek

Estimated Assets: $10 million to $50 million

Estimated Debts: $10 million to $50 million

The petitions were signed by Jeffrey Koffman, chief financial
officer.

Debtors' Consolidated List of 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Vernon Township                     Vernon Bond-       $3,867,750
Municipal Utilities Authority       $2,650,000
21 Church Street                    principal
Vernon, NJ 07462

Vernon Township                     Utilization        $1,684,089
Municipal Utilities Authority        Owed Thru
21 Church Street                    12/31/2016
Vernon, NJ 07462

Vernon Township                      Potential        $20,656,329
Municipal Utilities Authority         Future
21 Church Street                    Utilization
Vernon, NJ 07462                       Owed

Crystal Creek Associates LLC         Promisory           $884,778
3621 Route 94, 2nd Floor                Note
Hamburg, NJ 07419

Rosalind Davidowitz                  Promissory          $529,446
c/o J. Morton Davis                     Note
DH Blair
44 Wall Street
New York, NY 10005

Sail Energy LLC                      Promissory          $452,636
3621 Route 94, 2nd Floor                Note
Hamburg, NJ 07419

Venturetek LP                        Promissory          $355,331
Irwin Dov Perlysky                      Note
c/o DH Blair
44 Wall Street
New York, NY 10005

Lake Isle Corporation                Promissory          $292,390
3621 Route 94, 2nd Floor                Note
Hamburg, NJ 07419

Esther Stahler 2003 Grantor          Promissory          $207,200
Retained Annuity Trust                  Note

Sky Ventures LLC                     Promissory          $207,200
                                        Note

Golf Management Services             Promissory          $230,504
Corporation                             Note

Dell Financial Services LLC            Lease              $14,706
                                     Agreements
                                    for services
                                       rendered

Dell Financial Services LLC            Lease              $20,279
                                     Agreements
                                    for services
                                      rendered

Burton Snowboards                       Trade            $181,904
Email: Tomwr@burton.com

GBG Spyder USA LLC                      Trade            $105,263
Email: amelin@spyder.com

Appalachian @ MC Condo Association      Trade             $83,343
Email: heleny@cometpm.com

Maines Paper & Food Service Inc.        Trade             $79,805
Email: Nicholas.Blakeslee@maines.net

Pass Co LLC                             Trade             $55,376
Email: bvandenbroek@intrawest.com

Schwartz Simon Edelstein & Celso        Trade             $50,183

Inntopia Sterling Valley Systems        Trade             $40,463
Email: rcarey@inntopia.com


MTN INC: Hearing on Cash Collateral Use Set for May 26
------------------------------------------------------
The Hon. Timothy W. Dore of the U.S. Bankruptcy Court for the
Western District of Washington will hold a hearing on May 26, 2017,
at 9:30 a.m. to consider MTN Inc.'s request to use cash
collateral.

Responses to the request must be filed by May 19, 2017.

The Debtor requests a continuing order to use cash collateral.  The
Debtor's current budget is approved through May 31, 2017.  The
Debtor requests a court order be entered to for the purposes of
paying ongoing basic operating expenses of the Debtor for June,
July, and August 2017.  The Debtor has several secured creditors,
mostly on restaurant equipment and equipment leases, but a UCC-1
search indicates several small equipment financing creditors also
included "inventory, supplies" and other items in their UCC-1
filing that might create cash collateral from the restaurant
operations.  The IRS has filed a tax lien and a Proof of Claim
herein, and is the major secured creditor as a result of their
lien.

As reported by the Troubled Company Reporter on April 21, 2017, the
Court authorized the Debtor to use of cash collateral on an interim
basis.  The Debtor is authorized to use Cash Collateral as set
forth in the Budget, limited to employee payroll, including all
payroll taxes attributable thereon, and postpetition daily food
vendor expenses.  As adequate protection, the secured creditors are
granted replacement liens in the same order and priority and in the
same asset categories as existed on the petition date.  Secured
creditors will retain all of their prepetition security interests
in all prepetition collateral, including, without limitation, the
Cash Collateral.

                        About MTN Inc.

MTN Inc., which does business under the names NYP Bar and Grill, NY
Holding LLC and NY Pizza and Bar LLC, offers handcrafted local food
and beverage to customers in Bellingham, Burlington, Everett,
Lynden, Renton, Seattle and Tacoma.  

The Debtor sought Chapter 11 protection (Bankr. W.D. Wash. Case No.
17-11640) on April 11, 2017.  Mike Novak, president, signed the
petition.  The case is assigned to Judge Timothy W. Dore.  

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

Larry B. Feinstein, Esq., at Vortman & Feinstein, P.S., serves as
the Debtor's bankruptcy counsel.


NEW CAL-NEVA LODGE: Revises Plan Outline to Resolve Objections
--------------------------------------------------------------
A group of creditors filed with the U.S. Bankruptcy Court in Nevada
its latest disclosure statement, which explains its proposed
Chapter 11 plan of reorganization for New Cal-Neva Lodge LLC and
Cal-Neva Lodge LLC.

The group, represented by the Law Offices of Alan R. Smith, made
several revisions to the earlier version of the disclosure
statement to resolve objections.

In the latest document, the group disclosed about a new loan that
will be used to fund the restructuring plan.  

The loan in the amount of $80 million will be provided to Tahoe
CalNeva Resort, LLC, which is the borrower under the financing
agreement.  As much as $1 million had been deposited into a trust
account of the group's legal counsel in connection with the new
financing.

The group also disclosed that all properties owned by Cal-Neva
Lodge and New Cal-Neva Lodge will be transferred to Tahoe CalNeva
Resort upon the effective date of the plan.  

The members of Tahoe CalNeva Resort have already been identified
but the percentage of ownership of each member has not yet been
determined, the group said in its latest disclosure statement filed
on May 2.

A copy of the second amended disclosure statement is available for
free at https://is.gd/ulRdkZ

                    About New Cal-Neva Lodge

New Cal-Neva Lodge, LLC, based in Saint Helena, California, filed a
Chapter 11 petition (Bankr. N.D. Cal. Case No. 16-10648) on July
28, 2016.  In its petition, New Cal-Neva estimated $50 million to
$100 million in assets and $10 million to $50 million in
liabilities.  The petition was signed by Robert Radovan, president
and secretary.

Judge Thomas E. Carlson presides over the case.  Keller &
Benvenutti LLP serves as bankruptcy counsel.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on Sept. 13, 2016. The committee hired
Pachulski Stang Ziehl & Jones LLP, as legal counsel; Province, Inc.
as financial advisor; and Fennemore Craig P.C. as Nevada counsel.

New Cal-Neva filed a Chapter 11 plan of reorganization for the
company and its parent Cal Neva Lodge, LLC.

On January 6, 2017, Leslie P. Busick and several other creditors
proposed a Chapter 11 plan of reorganization for New Cal-Neva.  The
group is represented by the Law Offices of Alan R. Smith.

On March 21, 2017, Ladera Development, LLC filed a Chapter 11 plan
of reorganization for New Cal-Neva and its parent.


NIPOMO GATEWAY: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Nipomo Gateway, LLC
        337 17th St #200
        Oakland, CA 94612

Case No.: 17-10860

Business Description: Nipomo is a single asset real estate
                      as defined in 11 U.S.C. Section 101(51B)
                      whose principal assets are located at
                      549 Hill Street, Nipomo, CA 93444.

Chapter 11 Petition Date: May 15, 2017

Court: United States Bankruptcy Court
       Central District of California (Santa Barbara)

Judge: Hon. Peter Carroll

Debtor's Counsel: Mark E Saltzman, Esq.
                  LAW OFFICES OF MARK W. SALTZMAN
                  21241 Ventura Blvd Suite 160
                  Woodland Hills, CA 91364
                  Tel: 818-343-0600
                  Fax: 818-343-0684
                  E-mail: bankruptcycounsel@yahoo.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Robert Marinal, manager.

The Debtor has no unsecured creditors.

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

        http://bankrupt.com/misc/cacb17-10860.pdf


NORTHEAST ENERGY: Wants to Use Insurance Premium Refunds
--------------------------------------------------------
Northeast Energy Management, Inc., asks for authorization from the
U.S. Bankruptcy Court for the Western District of Pennsylvania to
use insurance premium refunds for balance of repairs and for plan
fund.

S & T Bank, is a Pennsylvania banking institution with corporate
offices and headquarters located at 800 Philadelphia Street,
Indiana, Pennsylvania 15701, is a secured creditor in this
proceeding by virtue of a security interest in Debtor's equipment
and assets with an aggregate balance due as of the date of filing
of $622,696, and is being represented in the bankruptcy proceeding
by Brian M. Kile, Esquire, and the firm of Grenen & Birsic, P.C.,
One Gateway Center, 9th Floor, Pittsburgh, Pennsylvania 15222.
Since the filing of its reorganization, due to sales of equipment
and annual insurance premium audits, the Debtor has earned some
insurance premium refunds totaling $30,072 and, within the next 30
days, will more than likely earn an additional refund due to its
recent sale of a 2012 Kenworth.

Since the Debtor is in Chapter 11, the insurance company
(Travelers) will not issue the payment without court approval.

The Debtor has previously filed motions seeking approval of a
budget through July 2017 and to authorize repairs to its property
located at 109 Madison Street, Jefferson, Pennsylvania 15344
totaling $59,657.47.

In its previous motions, the Debtor has requested that the net
proceeds held by Michael J. Henny, Esq., ($48,420.19) be used to
reimburse an insurance payment and be allocated towards the total
repair costs of $59,657.49.  This is still subject to review and
approval of the Court.

If all are approved, the Debtor would need an additional $11,237 to
complete these repairs.

The Debtor requests the Court to authorize Travelers to make the
payment to Debtor's counsel, Michael J. Henny, Esq., and that he be
authorized to expend up to $11,237 (or whatever is approved by the
Court) to complete the repairs and that the balance (approximately
$18,835) be held by him for a Plan fund.

The Debtor request that any premium reimbursements that are
forthcoming due to the sale of the 2012 Kenworth be paid over to
Michael J. Henny, Esq., to be held in escrow for a Plan fund.

              About Northeast Energy Management

Northeast Energy Management, Inc., based in Indiana, PA, filed a
Chapter 11 petition (Bankr. W.D. Pa. Case No. 17-70032) on Jan. 16,
2017.  The Hon. Jeffery A. Deller presides over the case.  The
petition was signed by Paul G. Ruddy, secretary.  In its petition,
the Debtor estimated $1 million to $10 million in both assets and
liabilities.  Michael J. Henny, Esq., at the Law Office of Michael
J. Henny, serves as bankruptcy counsel.


OAKRIDGE HOLDINGS: Recurring Losses Raise Going Concern Doubt
--------------------------------------------------------------
Oakridge Holdings, Inc., filed with the U.S. Securities and
Exchange Commission its quarterly report on Form 10-Q, disclosing a
net loss of $104,614 on $502,174 of net revenue for the
three-months ended September 30, 2016, compared to a net income of
$41,518 on $1.41 million of net revenue for the same period in
2015.

The Company's balance sheet at September 30, 2016, showed $2.57
million in total assets, $3.07 million in total liabilities, and a
total stockholders' deficit of $499,905.

The Company's liquidity needs arise from its debt service, working
capital and capital expenditures. The Company has historically
funded its liquidity needs with proceeds from equity contributions,
bank borrowing, short term notes from officers, cash flows from
operations and the offering of its subordinated debentures.

The Company believes that its financial position and debt capacity
are not good enough for it to meet its current and future cash
requirements.  The Company's recent operating results indicate
substantial doubt exists related to its ability to continue as a
going concern.

A copy of the Form 10-Q is available at:

                       http://bit.ly/2qoleud

Oakridge Holdings, Inc., operates through aviation ground support
equipment business segment.  The Company and its subsidiary, Stinar
Corporation, operate the aviation ground support equipment
business.  Stinar is a manufacturer of ground support equipment,
and provides products and services to the aviation industry in
approximately three areas, such as sales of new equipment
manufactured for maintaining, servicing and loading of airplanes;
sales of parts for equipment sold in the past, and repair of
equipment.



PACIFIC DRILLING: Reports $99.8 Million Net Loss for First Quarter
------------------------------------------------------------------
Pacific Drilling S.A. announced net loss for first-quarter 2017 of
$99.8 million or $4.69 per diluted share, compared to net loss of
$43.0 million or $2.03 per diluted share for fourth-quarter 2016,
and net loss of $2.5 million or $0.12 per diluted share for
first-quarter 2016.

As of March 31, 2017, Pacific Drilling had $5.75 billion in total
assets, $3.18 billion in total liabilities and $2.57 billion in
total shareholders' equity.

CEO Chris Beckett said, "We delivered another quarter of solid
operational performance with a first-quarter revenue efficiency of
98% and we continued to benefit from strong cost control.  Market
conditions are still challenging, although we have experienced an
uptick in tenders and inquiries versus 2016.  This supports our
previously stated expectation of demand improvement through 2017
partially offsetting increased supply from rigs rolling off
contract, which we believe will eventually lead to improving
utilization in 2018."

Contract drilling revenue for first-quarter 2017 was $105.5
million, which included $31.1 million of deferred revenue
amortization, compared to fourth-quarter 2016 contract drilling
revenue of $178.0 million, which included $29.4 million of deferred
revenue amortization.  The decrease in revenues resulted primarily
from the Pacific Scirocco being offhire throughout the
first-quarter and the Pacific Santa Ana completing its contract in
January 2017, partially offset by the Pacific Bora going back to
work in February 2017 compared to being offhire throughout the
fourth-quarter 2016.  During first-quarter 2017, our operating
fleet achieved average revenue efficiency of 98.0%.

Operating expenses for first-quarter 2017 were $60.4 million as
compared to $66.5 million for fourth-quarter 2016.  Operating
expenses for first-quarter 2017 included $3.3 million in
amortization of deferred costs, $1.4 million in reimbursable
expenses, and $6.7 million in shore-based and other support costs.
The reduction in operating expenses was primarily the result of
lower costs throughout the fleet due to reduced activity, as well
as the continued benefits of the Company's cost saving measures.

General and administrative expenses for first-quarter 2017 were
$22.5 million, compared to $18.9 million for fourth-quarter 2016.
Excluding certain legal and financial advisory fees of $6.1 million
in first-quarter 2017 and $7.1 million in fourth-quarter 2016, the
Company's corporate overhead expenses(b) for first-quarter 2017
were $16.4 million, compared to $11.8 million for fourth-quarter
2016.  The increase in corporate overhead expenses in the
first-quarter 2017 is primarily due to the timing of expense
recognition of incentive awards, including certain
performance-based awards.  These expenses are expected to decrease
in each of the remaining quarters of 2017.

EBITDA(c) for first-quarter 2017 was $21.9 million, compared to
EBITDA of $92.9 million in the fourth- quarter 2016.

Income tax expense for first-quarter 2017 was $2.1 million, as
compared to $14.5 million for fourth-quarter 2016, primarily as a
result of the application of quarterly tax accounting required
under U.S. GAAP during fourth-quarter 2016.

For first-quarter 2017, cash flow from operations was $28.7
million. Cash balances, including $8.5 million in restricted cash,
totaled $507.4 million as of March 31, 2017, and total outstanding
debt was $3.0 billion.

On March 16, 2017, the Company reported the expiration of certain
non-disclosure agreements it had entered into with an ad hoc group
of holders of its capital markets indebtedness.  CFO Paul Reese
commented, "While currently, there is no consensus as to the form
or structure of any restructuring, we continue to be engaged in
discussions with all of our stakeholders, including our largest
shareholder, our bank lenders and the ad hoc group, regarding a
restructuring of our existing capital structure to be sustainable
in the longer term."

The company will not be holding an earnings conference call this
quarter.

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

                   https://is.gd/7f5gEX

                  About Pacific Drilling

Based in Luxembourg, Pacific Drilling S.A. (NYSE:PACD) is an
international offshore drilling contractor.  The Company's
primary business is to contract its high-specification rigs,
related equipment and work crews, primarily on a day rate basis,
to drill wells for its clients.  The Company's contract
drillships operate in the deepwater regions of the United States,
Gulf of Mexico and Nigeria.

Pacific Drilling reported a net loss of $37.15 million on $769.5
million of revenues for the year ended Dec. 31, 2016, as compared
with net income of $126.2 million on $1.08 billion of revenues
for the year ended Dec. 31, 2015.

The Company's independent auditors KPMG LLP, in Houston, Texas,
expressed substantial doubt about the Company's ability to
continue as a going concern in their report on the consolidated
financial statements for the year ended Dec. 31, 2016.  KPMG
noted that the Company expects to be in violation of certain of
its financial covenants in the next 12 months.

                         *     *     *

In October 2016, Moody's Investors Service downgraded Pacific
Drilling's Corporate Family Rating to 'Caa3' from 'Caa2' and
Probability of Default Rating (PDR) to 'Caa3-PD' from 'Caa2-PD'.
"PacDrilling's ratings downgrade reflects our extremely negative
view of the offshore drilling sector with no near term signs of
improvement.  Depressed prices for the offshore drillships offers
weak asset coverage for PacDrilling's overall debt.  With no
material signs of improving contract coverage or utilization for
PacDrilling's drillships, cashflow through 2017 will be severely
impacted resulting in an unsustainable capital structure," said
Sreedhar Kona, Moody's senior analyst.

In February 2017, S&P Global Ratings affirmed its ratings on
Pacific Drilling S.A., including its 'CCC-' corporate credit
rating.  S&P subsequently withdrew all ratings on the company.


PAYLESS HOLDINGS: Committee Taps Pachulski Stang as Lead Counsel
----------------------------------------------------------------
The Official Committee of Unsecured Creditors of Payless Holdings,
LLC seeks authorization from the US Bankruptcy Court for the
Eastern District of Missouri, Eastern Division, to retain Pachulski
Stang Ziehl & Jones LLP as lead counsel to the Committee.

Professional services to be rendered by PSZ&J are:

     a. assist, advise and represent the Committee in its
consultations with the Debtors regarding the administration of the
cases;

     b. assist, advise and represent the Committee in analyzing the
Debtors' assets and liabilities, investigate the extend and
validity of liens and participate in and review any proposed asset
sales, any asset dispositions, financing agreements and cash
collateral stipulations or proceedings;

     c. assist, advise, and represent the Committee in any manner
relevant to review and determine the Debtors' rights and
obligations under leases and other executory contracts;

     d. assist, advise and represent the Committee in investigating
the acts, conduct, assets, liabilities  and financial condition of
the Debtors, the Debtors' operations and the desirability of the
continuance of any portion of those operations and the desirability
of the continuance of any portion to those operations, and any
other matters relevant to the cases or to the formulation of a
plan;

     e. assist, advise and represent the Committee in its
participation in the negotiation, formulation and drafting of a
plan of liquidation or reorganization;

     f. advise the Committee on the issues concerning the
appointment of a trustee or examiner under Sec. 1104 of the
Bankruptcy Code;

     g. assist, advise and represent the Committee in understanding
its powers and its duties under the Bankruptcy Code and the
Bankruptcy Rules and in performing other services as are in the
interests of those represented by the Committee;

     h. assist, advise and represent the Committee in the
evaluation of claims and on any litigation matters, including
avoidance actions and claims against directors and officers and any
other party; and

     i. provide other services to the Committee as may be necessary
in the cases.

PSZ&J's current standard hourly rates are:

     Partners           $625-$1245
     Of Counsel         $575-$995
     Associates         $450-$595
     Paraprofessionals  $275-$350

Robert J. Feinstein, Esq. attests that neither he, the Firm, nor
any partner, of counsel or associate has any connection with the
Debtors, their creditors, or any other parties in interest or their
respective attorneys and accountants, the US Trustee, or any person
employed in the Office if the US Trustee.

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, Robert J.
Feinstein disclosed that:

  -- it has not agreed to any variations from, or alternatives to,
its standard or customary billing arrangements for this
engagement;

  -- none of the professionals included in the engagement vary
their rate based on the geographic location of the bankruptcy
case;

  -- the firm has not represented the Committee in the 12 months
prepetition; and

  -- PSZ&J is developing a budget and staffing plan that will be
presented for approval by the Committee and anticipates filing a
Committee-approved budget at the time it files its fee
applications.

The Firm can be reached through:

     Robert Feinstein, Esq.
     PACHULSKI STANG ZIEHL & JONES LLP
     780 Third Avenue, 34th Floor
     New York, NY 10017
     Tel: (212) 561-7700

                    About Payless Holdings

Payless -- http://www.payless.com/-- was founded in 1956 as an
everyday footwear retailer.  It has more than 4,000 stores in more
than 30 countries, and employs approximately 22,000 people.  It is
headquartered in Topeka, Kansas, but its operations span across
Asia, the Middle East, Latin America, Europe, and the United
States.

Payless first traded publicly in 1962, and was taken private in May
2012.  Payless Holdings, LLC currently owns, directly or
indirectly, each of its 91 subsidiaries.

Payless Holdings LLC (Bankr. E.D. Mo. Lead Case No. 17-42267) and
its subsidiaries sought protection under Chapter 11 of the
Bankruptcy Code on April 4, 2017.  The petitions were signed by
Paul J. Jones, chief executive officer.   

At the time of the filing, the Debtors estimated their assets at
$500 million to $1 billion and liabilities at $1 billion to $10
billion.   

The Debtors hired Alvarez & Marsal North America LLC as
restructuring advisor; Prime Clerk LLC as claims, balloting and
administrative agent; and Osler, Hoskin & Harcourt LLP as CCAA
counsel.

On April 14, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.

On April 25, 2017, the Debtors filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.  The
Debtors' plan, if confirmed and implemented, would reduce their
debt to $469 million.


PAYLESS HOLDINGS: Committee Taps Polsinelli as Local Counsel
------------------------------------------------------------
The Official Committee of Unsecured Creditors of Payless Holdings,
LLC seeks authorization from the US Bankruptcy Court for the
Eastern District of Missouri, Eastern Division, to retain
Polsinelli PC as local counsel for the Committee.

Professional services to be rendered by Polsinelli are:

     a. provide legal advice regarding the powers and duties
available to the Creditor's Committee, an official committee
appointed under section 1102 of the Bankruptcy Code;

     b. assist Pachulski Stang Ziehl & Jones LLP (PSZJ) in the
investigation of the acts, conduct, assets, liabilities and
financial condition of the Debtors, the operation of the Debtor;s
businesses, and any other matter relevant to the cases or to the
formulation of a plan or plans of reorganization or liquidation;

     c. assist Pachulski in preparing on behalf of the Creditor's
Committee necessary applications, motions, complaints, answers,
orders, agreements and other legal papers;

     d. review, analyze and assist Pachulski and the Creditor's
Committee in responding to all pleadings files by the Debtors or
other parties-in-interest and appear in Court to present necessary
motions, application, and pleadings and to otherwise protect the
interest of the Creditor's Committee;

     e. consult with the Debtors and their professionals, other
parties-in-interest and their professionals, and the US Trustee
concerning the administration of the Debtors' respective estates;

     f. represent the Creditors' Committee in hearings and other
judicial proceedings;

     g. advise the Creditors' Committee on practice and procedure
in the Court ad regarding the local  rules and practice; and

     h. perform all other legal services for the Creditors'
Committee with the Cases.

Polsinelli's current hourly rates are:

     Shareholders                   $325-$600
     Associates and senior counsel  $250-$335
     Paraprofessionals              $75-$240

Christopher A. Ward, Esq. attests that Polsinelli is a
"disinterested person" as that term is defined in Sec. 101(14) of
the Bankruptcy Code.

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,
Christopher A. Ward disclosed that:

  -- it has not agreed to any variations from, or alternatives to,
its standard or customary billing arrangements for this
engagement;

  -- none of the professionals included in the engagement vary
their rate based on the geographic location of the bankruptcy
case;

  -- the firm has not represented the Committee in the 12 months
prepetition; and

  -- Polsinelli developed and shared with the Creditors' Committee
and Pachulski a budget and staffing plan to comply with the US
Trustee’s request for information and additional disclosures, and
any orders of this Court.

The Firm can be reached through:

     Christopher A. Ward, Esq.
     Matthew S. Layfield, Esq.
     POLSINELLI PC
     100S. Fourth Street, Suite 1000
     St. Louis, MO 63102
     Tel: (314) 889-8000

                    About Payless Holdings

Payless -- http://www.payless.com/-- was founded in 1956 as an
everyday footwear retailer.  It has more than 4,000 stores in more
than 30 countries, and employs approximately 22,000 people.  It is
headquartered in Topeka, Kansas, but its operations span across
Asia, the Middle East, Latin America, Europe, and the United
States.

Payless first traded publicly in 1962, and was taken private in May
2012.  Payless Holdings, LLC currently owns, directly or
indirectly, each of its 91 subsidiaries.

Payless Holdings LLC (Bankr. E.D. Mo. Lead Case No. 17-42267) and
its subsidiaries sought protection under Chapter 11 of the
Bankruptcy Code on April 4, 2017.  The petitions were signed by
Paul J. Jones, chief executive officer.

At the time of the filing, the Debtors estimated their assets at
$500 million to $1 billion and liabilities at $1 billion to $10
billion.   

The Debtors hired Alvarez & Marsal North America LLC as
restructuring advisor; Prime Clerk LLC as claims, balloting and
administrative agent; and Osler, Hoskin & Harcourt LLP as CCAA
counsel.

On April 14, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.

On April 25, 2017, the Debtors filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.  The
Debtors' plan, if confirmed and implemented, would reduce their
debt to $469 million.


PBA EXECUTIVE: Disclosure Statement Hearing Set for May 31
----------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Florida is
set to hold a hearing on May 31, at 2:00 p.m., to consider approval
of the disclosure statement, which explains the Chapter 11 plan of
reorganization for PBA Executive Suites, LLC.

The hearing will take place at Flagler Waterview Building, Room
801, 1515 N. Flagler Drive, West Palm Beach, Florida.  Objections
are due by May 26.

The restructuring plan proposes to pay Class 4 unsecured claims in
full over 60 months.  Unsecured creditors will be paid pro rata by
sharing a monthly payment of $1,011.30.

The estimated amount of unsecured claims is $60,677.92.  Class 4 is
impaired under the plan.

The company operates executive suites at its building in Tulsa,
Oklahoma, and the two locations in Boynton Beach and Boca Raton,
Florida.  PBA Executive Suites' operating expenses total $140,000
and the company generates $150,500 per month.  Early last year, the
court allowed Palm Beach Atlantic Financial Group, a managing
member, to loan the company as needed.  PBAFG will continue to
provide funds to pay all creditors, according to PBA Executive
Suites' disclosure statement filed on April 20.

A copy of the disclosure statement is available for free at
https://is.gd/SFokhy

                   About PBA Executive Suites

PBA Executive Suites, LLC, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-26136) on Dec. 3,
2016.  The petition was signed by William Smith, chief financial
officer.  At the time of the filing, the Debtor estimated assets of
less than $1 million and liabilities of less than $500,000.

The Debtor is represented by Brian K. McMahon, Esq., at Brian K.
McMahon, P.A.  

The Debtor was formed in 2014.  A few months later, it entered into
leases with Republic Western Investments, Co., LLC, which owns
properties in Boca Raton and Boynton Beach, Florida.  The leases
have been assumed by the Debtor.

The Debtor operates executive suites in Boca Raton and Boynton
Beach.  It has 210 offices of which 136 are leased at these two
locations.  At these locations, there are 118 tenants generating
$145,000 per month in income.   


PHARMACOGENETICS DIAGNOSTIC: Intends to File Plan by September 5
----------------------------------------------------------------
Pharmacogenetics Diagnostic Laboratory, LLC, asks the U.S.
Bankruptcy Court for the Western District of Kentucky for a second
extension of the exclusive period for filing a plan of
reorganization until September 5, 2017, as well as the exclusive
period for soliciting acceptances of a plan of reorganization until
November 6, 2017.

The Debtor claims that it has significantly downsized its business
operations since the filing and is still continuing to restructure
its business into profitability. In addition, the Debtor claims
that several entities have expressed interest in purchasing the
Debtor. Accordingly, the Debtor requires additional time to fully
explore these options in order to formulate a plan which is in the
best interest of the estate and its creditors.

              About Pharmacogenetics Diagnostic

Pharmacogenetics Diagnostic Laboratory, LLC is a Kentucky limited
liability company and engages in the business of providing
pharmacogenetic testing services and developing technology related
to such services including diagnostic testing.

Pharmacogenetics Diagnostic Laboratory, LLC, d/b/a PGXL
Laboratories, d/b/a PGX Laboratories, filed a Chapter 11 petition
(Bankr. W.D. Ky. Case No. 16-33404) on Nov. 8, 2016.  The petition
was signed by Dr. Roland Valdes, Jr., president/CEO.  The case is
assigned to Judge Thomas H. Fulton.  The Debtor estimated assets at
$500,000 to $1 million, and liabilities at $10 million to $50
million at the time of the filing.

The Debtor's bankruptcy attorney is Charity Bird Neukomm, Esq., at
Kaplan & Partners LLP.  

The Debtor tapped Kathie McDonald-McClure, Esq. of Wyatt, Tarrant &
Combs, LLP as special counsel in matters relating to intellectual
property and to a post-payment Medicare audit.  The Debtor also
engaged Robert L. Brown, Esq., at Bingham Greenebaum Doll LLP, as
special counsel regarding corporate matters.

The Debtor hired William G. Meyer III and Strothman and Company as
accountant.


PICTURE CAR: Disclosures OK'd; Plan Confirmation Hearing on July 12
-------------------------------------------------------------------
The Hon. Maureen A. Tighe of the U.S. Bankruptcy Court for the
Central District of California has approved Picture Car Warehouse,
Inc.'s disclosure statement dated March 13, 2017, referring to the
Debtor's plan of reorganization dated March 13, 2017.

A hearing to consider the confirmation of the Debtor's plan will be
held on July 12, 2017, at 9:30 a.m.

Objections to the plan confirmation must be filed by June 14,
2017.

June 14, 2017, is the last day for filing written acceptance or
rejections to the Plan.

June 28, 2017, is the last day for filing and serving a
Confirmation Brief and Ballot Summary.

                   About Picture Car Warehouse

Picture Car Warehouse, Inc., sought Chapter 11 protection (Bankr.
C.D. Cal. Case No. 15-13495) on Oct. 20, 2015.  The Hon. Maureen
Tighe is the case judge.  The Debtor estimated assets and debt of
$1 million to $10 million.  The Law Office Carolyn A. Dye serves as
counsel to the Debtor.  The petition was signed by Ted D. Moser,
president.


PLASTIC2OIL INC: CEO Thanks Shareholders for Continued Support
--------------------------------------------------------------
A letter from Plastic2Oil CEO to company shareholders.

To our valued Plastic2Oil (P2O) shareholders:

In our previous letter to shareholders, we discussed reducing
costs, securing additional financing, and developing key strategic
partnerships.  I am pleased to provide you with this update on
these same themes.

Reducing costs and improving our cash position.

On March 31, 2017, we closed on the sale of our idle office
building in Thorold, Canada.  The net proceeds from the sale and
the resulting reduction in monthly operating costs will provide
working capital to sustain P2O operations over the next two
quarters.  We are also continuing to seek a lease customer for our
Canadian blending facility, although it should be noted that
closing on such a lease will very likely require that oil prices
rebound and remain above $50 per barrel.

Negotiating a key strategic partnership.

In August 2016, we announced the signing of a memorandum of
understanding (MOU) with a potential partner regarding the
licensing of our technology and a potential sale of processor
units.  On March 26, 2017, the parties agreed to extend the term of
the MOU to May 24, 2017.  There can be no guarantee that a
definitive agreement will be executed prior to expiration of the
extended term of the MOU.

Robin Curtis, a pioneer in the implementation of plastic-to-fuel
technology and a participant in the proposed partnership, recently
noted: "The market opportunity for plastic to fuel is even more
promising today than it was years ago.  It appears evident that the
Plastic2Oil technology solved the problems that had been
encountered in our previous attempts to implement plastic to fuel
technology.  We now look forward to the opportunity to implement
Plastic2Oil technology."

We are still in the process of negotiating a definitive agreement.
If consummated, it is anticipated that the first site would house
two P2O processors, and could eventually lead to deployment of P2O
processors in 15 to 20 similar facilities.  The initial purchase
order will be for the two units currently in our inventory.  Final
assembly and testing of the units prior to shipping will require
approximately six months from signing of the purchase order.
Instrumentation and other necessary equipment will be secured prior
to the shipping date.  Several additional months will be required
for installation after the units have been shipped.

We look forward to updating our shareholders upon the signing of a
definitive agreement.

Other News.

Glenny and Maskell (Canadian insurance broker) settled on a lawsuit
filed by Plastic2Oil, Inc., on May 25, 2012 at the Ontario Superior
Court of Justice, seeking damages consisting of the costs of
defense and any damages that may be awarded against the Company,
former CEO John Bordynuik, and former CFO Ron Baldwin in the Class
Action and in the SEC Action.  The case was settled in the US with
ACE (Insurance carrier) in or about May 2013, pursuant to what is
known as a "Mary Carter" (confidential) settlement.  The net
proceeds from this settlement will be used for working capital to
sustain P2O operations over the next two quarters.

Looking Ahead.

The above developments are part of our ongoing and successful
transformation of the firm's financial profile by proactively
managing our cost structure, judiciously managing our capital, and
significantly adjusting both compensation levels and fixed
expenses.  In another important development, we look forward to
strengthening our governance structure by adding three new outside
Directors to our Board in the near future.

I want to offer my personal thanks for the extremely valuable
contributions made by our employees, management, Board of
Directors, and investors.  I also look forward to seeing you and
sharing further developments at our 2017 annual stockholders
meeting, planned for late this year.  Formal notice and other
details of the meeting will be presented in our proxy statement,
which will be made available to our stockholders and filed with the
Securities and Exchange Commission.  Thank you for your continued
support.

Richard Heddle

Plastic2Oil, Inc., CEO & President

                      About Plastic2Oil

Plastic2Oil, Inc., formerly JBI Inc., is a North American fuel
company that transforms unsorted, unwashed waste plastic into
ultra-clean, ultra-low sulphur fuel without the need for
refinement.  The Company's Plastic2Oil (P2O) is a process designed
to provide immediate economic benefit for industry, communities
and government organizations with waste plastic recycling
challenges.  It is also focused on the creation of green
employment opportunities and a reduction in the cost of plastic
recycling programs for municipalities and business.  The Company's
fuel products include No. 6 Fuel, No. 2 Fuel (diesel, petroleum
distillate), Naphtha, Petcoke (carbon black) and Off-Gases. No. 6
Fuel is heavy fuel used in industrial boilers and ships. No. 2
Fuel is a mid-range fuel known as furnace oil or diesel.  Naphtha
is a light fuel that is used as a cut feedstock for ethanol or as
white gasoline in high and regular grade road certified fuels.

Plastic2Oil reported a net loss of $5.70 million on $21,950 of
total sales for the year ended Dec. 31, 2016, compared to a net
loss of $4.32 million on $16,728 of total sales for the year ended
Dec. 31, 2015.  As of Dec. 31, 2016, Plastic2Oil had $2.27 million
in total assets, $12.79 million in total liabilities and a total
stockholders' deficit of $10.52 million.

D. Brooks and Associates CPA's, P.A., in West Palm Beach, Florida,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2016, citing that
the Company has experienced negative cash flows from operations
since inception, has net losses from continuing operations, and has
a working capital deficit and an accumulated deficit.  These
factors raise substantial doubt about the Company's ability to
continue as a going concern and to operate in the normal course of
business.  The Company has funded its activities to date almost
exclusively from equity financings, loans form related party and
issuance of secured long-term debt.


PROJECTOOLS LLC: Unsecureds to Recoup 30% in 60 Months
------------------------------------------------------
ProjecTools, LLC, and 4099 Highway 36 North, LLC, filed with the
U.S. Bankruptcy Court for the Southern District of Texas an amended
disclosure statement referring to the Debtors' plan of
reorganization.

The allowed unsecured claims will be paid 30% of their claims in 60
monthly payments.  Their payments will be due and payable beginning
on the 15th day of the first month following 60 days after the
effective date of the plan.  These claims are impaired.

Payments and distributions under the Plan will be funded by
ordinary business income and supplemented as necessary by Alwin G.
Morgan.  As to a default under the plan, any creditor remedies
allowed by 11 U.S.C. Section 1112(b)(4)(N) will be preserved to the
extent otherwise available at law.  In addition to any rights
specifically provided to a claimant treated pursuant to the Plan, a
failure by the Reorganized Debtors to make a payment to a creditor
pursuant to the terms of the Plan will be an event of default as to
the payments if the payment is not cured within 30 days after
service of a written notice of default from the creditor, then the
creditor may exercise any and all rights and remedies under
applicable non-bankruptcy law to collect the claims or seek the
relief as may be appropriate in the Court.

The Disclosure Statement is available at:

           http://bankrupt.com/misc/txsb16-35553-83.pdf

                        About ProjecTools

ProjecTools, LLC, filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Texas Case No. 16-35553) on Nov. 1, 2016.  The
petition was signed by Alwin G. Morgan, managing member.  

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

Margaret McClure, Esq., at the Law Office of Margaret M. McClure
serves as the Debtor's bankruptcy counsel.


PUERTO RICO: Ambac Says COFINA Solvent, Should Stand on Its Own
---------------------------------------------------------------
Ambac Assurance Corporation, a holder and/or insurer of $2.7
billion of bonds issued by the Commonwealth of Puerto Rico, the
Puerto Rico Sales Tax Financing Corporation, and other Commonwealth
instrumentalities is opposing motions filed by the Financial
Oversight and Management Board for Puerto Rico for, among other
things, (i) the joint administration of the Title III cases under
PROMESA for the Puerto Rico Sales Tax Financing Corporation
(COFINA) and the Commonwealth of Puerto Rico, and (ii) an order
confirming authority of banks to continue honoring instructions and
payment instruments with respect to the Debtors' bank accounts.

A hearing on the Motions is scheduled today, May 17, 2017, at 9:30
a.m. before the U.S. District Court for the District of Puerto
Rico.

"If the Motions are granted, COFINA, a solvent entity with no
genuine need for restructuring, will potentially be reorganized
under the influence of parties whose interests are opposed to those
of COFINA and its creditors.  And while COFINA would be the first
issuer subjected to this improper approach to Title III, it would
almost certainly not be the last," Dennis F. Dunne, Esq., at
Milbank, Tweed, Hadley & McCloy LLP, counsel to Ambac, said in a
court filing.

"The Motions thus present a unique opportunity, at the outset of
these historic bankruptcy cases, to restore respect for the
"relative lawful priorities [and] lawful liens . . . in the
constitution, other laws, or agreements" of the Commonwealth, as
intended by Congress in passing the Puerto Rico Oversight,
Management, and Economic Stability Act ("PROMESA"). 48 U.S.C. Sec.
2141(b)(1)(N)."

                   Not Ordinary Circumstances

Ambac acknowledges that in ordinary circumstances, the relief
requested in the Motions would be the type of housekeeping measure
that could hardly be claimed to pose a threat to the substantive
rights of affected creditors.  But these are not ordinary
circumstances, according to Ambac.

Assuming that the Debtors' request for joint administration is
motivated by judicial and procedural efficiency objectives, Ambac
believes it nonetheless raises a number of substantive concerns,
including: (i) failure to abide by PROMESA's directive to maintain
separateness between various entities; (ii) creeping consolidation;
(iii) providing standing arguments to parties who would not
otherwise have standing; (iv) granting inappropriate rights to a
"yet-to-be-formed" official committee of unsecured creditors; and
(v) inoculating certain creditors against harm from complying with
unlawful directives of the Commonwealth.

"In 2006, in response to what was then an unprecedented fiscal
crisis, the Commonwealth created COFINA as a means of accessing
capital markets at affordable rates.  The Commonwealth achieved
that goal by transferring legal ownership of a portion of certain
sales and use taxes ("SUT Revenues") to COFINA, protecting the SUT
Revenues from "clawback" by the Commonwealth for any purpose, and
granting COFINA's creditors unique structural protections not
offered to creditors of the Commonwealth or its other
instrumentalities.  The market recognized these distinctions,
extending credit to COFINA at rates far lower than those applicable
to the Commonwealth's general obligation ("GO") debt," Mr. Dunne
explains.

"As the Commonwealth's fiscal and economic difficulties have
intensified, however, the Commonwealth, and now the Oversight
Board, have turned their backs on the promises the Commonwealth
made to COFINA and its creditors.  It has premised its 10-year
fiscal plan (the "Fiscal Plan," D.I. 1-3) on the assumption that
all debt owed and revenue earned by any Commonwealth
instrumentality belongs to the Commonwealth without regard to
property, contract, or constitutional law; it has advanced a
restructuring proposal based on the same unlawful conflation of
revenue streams and debt obligations; and it has passed
legislation, styled as a 'Fiscal Plan Compliance Law,' that routes
all monies generated by Commonwealth legislation, including those
belonging by statute to COFINA, through the Commonwealth's general
fund, apparently to be allocated at the discretion of Puerto Rico's
Secretary of the Treasury, in violation of Puerto Rico law and
PROMESA."

Ambac does not contest that joint administration of restructuring
proceedings can result in significant convenience and economies.
However, the Federal Rules of Bankruptcy Procedure are clear that
joint administration is inappropriate if it fails to protect
creditors from actual or potential conflicts of interest.  The
conflicts here are substantial, according to Ambac.

"As an issuer of debt, the Commonwealth has interests that are
diametrically opposed to COFINA's. COFINA has dedicated property to
pay its obligations. If it is somehow deprived of that property, it
will lack the wherewithal to pay those obligations.  The
Commonwealth appears to view COFINA's money as a means to satisfy
its own obligations, and is now implementing a Fiscal Plan that not
only envisions, but appears to require, the use of COFINA's SUT
Revenues for Commonwealth purposes, as confirmed in subsequent
restructuring proposals and legislation.  COFINA is not the
Commonwealth's piggybank.  The Commonwealth's GO bondholders have
pursued the same aim through litigation, both during and after the
PROMESA litigation stay, seeking the diversion of the SUT Revenues
to the Commonwealth for payment of GO debt."

                  Unsecured Creditors' Committee

According to Ambac, the Case Management Motion's contemplation of
the formation of an unsecured creditors' committee ("UCC") is a
case in point. COFINA's bonds were issued exclusively on a secured
basis.  Thus, the formation of a UCC and the granting of notice and
procedural consent rights to such a committee, as contemplated by
the proposed "Case Management Procedures", would permit the
Commonwealth's unsecured creditors to exercise rights for which
they lack standing -- i.e., to vote on or consent to actions taken
in the COFINA proceedings. The Commonwealth UCC should have no
rights (or standing) in COFINA's Title III case by operation of a
case management order.  However procedural in appearance, joint
administration should not be permitted to further this type of
creeping substantive consolidation, nor to create a presumption of
a plan of adjustment covering both entities.

Ambac explains the efficiencies adverted to in the Joint
Administration Motion do not compel a contrary result.  As an
initial matter, while judicial efficiency is a worthy goal, it is
an inappropriate basis on which to ignore the substantial conflicts
of interest at issue here.  In any event, joint administration will
actually disserve efficiency interests, as a joint docket will
likely cause confusion among the two creditor bases, who will be
forced to wade through a deluge of filings to determine which
concern them and which do not. Rejecting the Joint Administration
Motion will thus protect creditors while causing no harm to
judicial economy.

Finally, the Bank Release Motion is objectionable for the same
reason, according to Ambac.

"While administrative (and therefore seemingly harmless) in nature,
it seeks an order that would potentially shield unlawful payments.
The Commonwealth has already stated its intent to allocate money in
a manner that numerous creditors, including Ambac, have alleged
violate Puerto Rico and federal law, including by requiring
COFINA's money to be applied to general Commonwealth purposes. The
Bank Release Motion seeks an ex ante judicial blessing that a
bank's compliance with any such unlawful directives is immune from
liability.  And the request is unnecessary: by the Debtors' own
admission, section 363 of the Bankruptcy Code does not apply to
these proceedings, and thus the Commonwealth has no need to seek
judicial authorization of this sort.  The Debtors' extraneous
request for the Court's exculpation of the Commonwealth's banks
from all future liability, including liability for any transfers
that may constitute a clear breach of law, contract, or property
rights, should accordingly be rejected."

A guiding principle of PROMESA is that each debtor stands on its
own for purposes of Title III proceedings.  Ambac submits that the
Court should take this opportunity to reaffirm this important
statutory principle and recognize that these are separate cases
with significant actual conflicts of interest between the Debtors
and, more importantly, between their respective creditors.  Ambac
says that to do otherwise would contravene the letter and spirit of
PROMESA, and could signal to creditors that the core principles of
separateness and respect for lawful priorities and liens that
guided Congress in crafting PROMESA may be undercut.

                      Ambac's Exposure

Ambac provides financial guaranty insurance covering approximately
$2.7 billion in net par accreted value of bonds issued by the
Commonwealth or its instrumentalities -- a figure that increases to
$9.7 billion in gross principal and interest at maturity.  Although
Ambac's largest exposure relates to bonds issued by COFINA, of
which it insures approximately $1.3 billion in net par accreted
value, it also insures:

   * $493 million in bonds issued by the Puerto Rico Highways and
Transportation Authority ("PRHTA");

   * $564 million in bonds issued by the Puerto Rico Infrastructure
Financing Authority ("PRIFA");

   * $137 million in bonds issued by the Puerto Rico Convention
Center District Authority ("PRCCDA");

   * $187 million in bonds directly issued or guaranteed by the
Commonwealth and backed by the full faith, credit, and taxing
power of theCommonwealth (known as general obligation ("GO") or
general obligation-guaranteed bonds, collectively, "GO Bonds").

The majority of these bonds are long-dated, and Ambac enjoys
significant voting and consent rights with respect to them. In
addition, Ambac directly owns approximately $268 million in bonds
issued by COFINA, PRHTA, PRIFA, and the Puerto Rico Public
Buildings Authority.  Thus, Ambac not only has a unique perspective
on the financial difficulties facing Puerto Rico and a deep
investment in its long-term success, it is also a critical
participant in any solutions to the current fiscal situation.

Attorneys for Ambac Assurance Corporation:

         Roberto Camara-Fuertes, Esq.
         Sonia Colon, Esq.
         FERRAIUOLI LLC
         221 Ponce de Leon Avenue, 5th Floor
         San Juan, PR 00917
         Telephone: (787) 766-7000
         Facsimile: (787) 766-7001
         E-mail: rcamara@ferraiuoli.com
                 scolon@ferraiuoli.com

              - and -

         Dennis F. Dunne, Esq.
         Andrew M. Leblanc, Esq.
         Atara Miller, Esq.
         Grant R. Mainland, Esq.
         MILBANK, TWEED, HADLEY & McCLOY LLP
         28 Liberty Street
         New York, NY 10005
         Telephone: (212) 530-5770
         Facsimile: (212) 822-5770
         E-mail: ddunne@milbank.com
                 aleblanc@milbank.com
                 amiller@milbank.com
                 gmainland@milbank.com

                       May 17 Hearing

Aside from Ambac, other parties have filed objections to the motion
for an order directing the joint administration, solely for
procedural purposes, of the title III cases of the Commonwealth and
COFINA.  Parties who have filed objections are:

   * The Puerto Rico Funds;
    * Mutual Fund Group; and
    * National Public Finance Guarantee Corporation

The hearing is scheduled for Wednesday, May 17, 2017,
from 9:30 a.m. to 12:00 p.m., and, if necessary,
from 1:00 p.m. to 2:00 p.m. (Atlantic Standard Time).

                      About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States.  The chief of state is the President of the
United States of America.  The head of government is an elected
Governor.  There are two legislative chambers: the House of
Representatives, 51 seats, and the Senate, 27 seats.  The
governor-elect is Ricardo Antonio "Ricky" Rossello Nevares, the
son of former governor Pedro Rossello.

In 2016, the U.S. Congress passed PROMESA, which, among other
things, created the Financial Oversight and Management Board and
imposed an automatic stay on creditor lawsuits against the
government, which expired May 1, 2017.

The members of the oversight board are: (i) Andrew G. Biggs, (ii)
Jose B. Carrion III, (iii) Carlos M. Garcia, (iv) Arthur J.
Gonzalez, (v) Jose R. Gonzalez, (vi) Ana. J. Matosantos, and
(vii) David A. Skeel Jr.

On May 3, 2017, the Commonwealth of Puerto Rico filed a petition
for relief under Title III of the Puerto Rico Oversight,
Management, and Economic Stability Act ("PROMESA").  The case is
pending in the United States District Court for the District of
Puerto Rico under case number 17-cv-01578.  A copy of Puerto
Rico's PROMESA petition is available at

         http://bankrupt.com/misc/17-01578-00001.pdf

On May 5, 2017, the Puerto Rico Sales Tax Financing Corporation
(COFINA) commenced a case under Title III of PROMESA (D.P.R. Case
No. 17-01599).   Joint administration has been sought for the
Title III cases.

U.S. Chief Justice John Roberts has named U.S. District Judge
Laura Taylor Swain to preside over the Title III cases.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose LLP; and Hermann D. Bauer, Esq.,
at O'Neill & Borges LLC are onboard as attorneys.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains a case web site at:

           https://cases.primeclerk.com/puertorico

Jones Day is serving as counsel to certain ERS bondholders.

Paul Weiss is counsel to the Ad Hoc Group of Puerto Rico General
Obligation Bondholders.


PUERTO RICO: Strikes Second Restructuring Deal with Bondholders
---------------------------------------------------------------
The American Bankruptcy Institute, citing Hazel Bradford of
Pensions & Investments, reported that Puerto Rico reached a
restructuring agreement with bondholders invested in the
commonwealth's Government Development Bank, officials announced May
15 in San Juan.

Parties to the agreement include the Ad Hoc Group of Bondholders,
whose members are funds managed or advised by Avenue Capital
Management II, Brigade Capital Management, Fir Tree Partners and
Solus Alternative Asset Management, according to the report.  The
group's financial adviser, Bradley Meyer of Ducera Partners in New
York, said in a statement that the agreement "is fair to all
parties," the report related.

Puerto Rico's Federal Affairs Administration said in that statement
that GDB creditors "have agreed to substantial discounts to the
principal," but did not provide further details on the agreement,
which calls for bondholders to exchange claims for one of three
tranches of bonds issued by a new municipal entity, the report
further related.  

                       About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States.  The chief of state is the President of the
United States of America.  The head of government is an elected
Governor.  There are two legislative chambers: the House of
Representatives, 51 seats, and the Senate, 27 seats.  The
governor-elect is Ricardo Antonio "Ricky" Rossello Nevares, the
son
of former governor Pedro Rossello.

In 2016, the U.S. Congress passed PROMESA, which, among other
things, created the Financial Oversight and Management Board and
imposed an automatic stay on creditor lawsuits against the
government, which expired May 1, 2017.

The members of the oversight board are: (i) Andrew G. Biggs, (ii)
Jose B. Carrion III, (iii) Carlos M. Garcia, (iv) Arthur J.
Gonzalez, (v) Jose R. Gonzalez, (vi) Ana. J. Matosantos, and (vii)
David A. Skeel Jr.

On May 3, 2017, the Commonwealth of Puerto Rico filed a petition
for relief under Title III of the Puerto Rico Oversight,
Management, and Economic Stability Act ("PROMESA").  The case is
pending in the United States District Court for the District of
Puerto Rico under case number 17-cv-01578.  A copy of Puerto
Rico's
PROMESA petition is posted at

         http://bankrupt.com/misc/17-01578-00001.pdf  

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose LLP and Hermann D. Bauer, Esq.,
at
O'Neill & Borges LLC are onboard as attorneys.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains a case web site at:

           https://cases.primeclerk.com/puertorico

Jones Day is serving as counsel to certain ERS bondholders.

Paul Weiss is counsel to the Ad Hoc Group of Puerto Rico General
Obligation Bondholders.


RED PHOENIX: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: Red Phoenix Investments, LLC
        9951 Patton Road SW
        Calgary, Alberta T2V 5G1
        Canada

Case No.: 17-51159

Business Description: Red Phoenix Investments LLC provides
                      consulting services to businesses,
                      developers, and land owners requiring
                      government relations, regulatory approvals,
                      debt re-structuring, managed buy-outs and
                      liquidation assistance.

                      Web site: http://www.redphoenixgroup.com/

Chapter 11 Petition Date: May 16, 2017

Court: United States Bankruptcy Court
       Northern District of California (San Jose)

Debtor's Counsel: Perry D. Popovich, Esq.
                  LAW OFFICES OF PERRY POPOVICH
                  19711 Tollhouse Rd
                  Clovis, CA 93619
                  Tel: (650) 856-0672
                  E-mail: popovchp@pacbell.net
                         perrypopovich@gmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Alex Fraser, manager.

The Debtor did not file list of its 20 largest unsecured creditors
on the Petition Date.

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

           http://bankrupt.com/misc/canb17-51159.pdf


REX ENEGY: Stockholders Elect Six Directors
-------------------------------------------
Rex Energy Corporation held an annual meeting on May 5, 2017, at
which the stockholders:

   (1) elected Lance T. Shaner, Thomas C. Stabley, Jack N. Aydin,
       John A. Lombardi, Eric L. Mattson and John J. Zak as
       directors;

   (2) ratified the selection of KPMG LLP as the Company's
       independent registered public accounting firm for the
       fiscal year ending Dec. 31, 2017;

   (3) approved that an advisory vote to approve the compensation
       of the Company's named executive officers should take place
       each year;

   (4) approved the compensation of the Company's named executive
       officers as described in the Company's definitive Proxy
       Statement filed with the Securities and Exchange Commission
       on April 4, 2017;

   (5) approved a grant of discretionary authority to the Board to
       effect an amendment to the Company's Certificate of
       Incorporation to implement a reverse stock split of the
       outstanding shares of the Company's common stock at a
       reverse stock split ratio between 1-for-5 and 1-for-10,
       with such ratio determined by the Board in its sole
       discretion, as described in the Company's definitive Proxy
       Statement filed with the Securities and Exchange Commission

       on April 4, 2017; and

   (6) approved an amendment to the Company's Certificate of
       Incorporation to reduce the authorized number of shares of
       the Company's common stock from 200,000,000 to 100,000,000,

       contingent on the implementation of the reverse stock split
       by the Board.

As of March 10, 2017, the record date for the 2017 Annual Meeting,
there were 98,013,126 shares of common stock issued and
outstanding.  A quorum of common stockholders, present in person or
by proxy, representing 73,415,967 shares of common stock was
present at the 2017 Annual Meeting.

In accordance with the recommendation of the Company's Board of
Directors and the voting results, the Company has determined to
hold an advisory vote to approve the compensation of the Company's
named executive officers each year until the next stockholder vote
on the frequency of such advisory votes.  A stockholder vote on the
frequency of such advisory votes is required to be held at least
once every six years.

                      About Rex Energy

Headquartered in State College, Pennsylvania, Rex Energy is an
independent oil and gas exploration and production company with its
core operations in the Appalachian Basin.  The Company's strategy
is to pursue its higher potential exploration drilling prospects
while acquiring oil and natural gas properties complementary to its
portfolio.

Rex Energy reported a net loss of $176.7 million on $139.0 million
of total operating revenue for the year ended Dec. 31, 2016,
compared to a net loss of $361.0 million on $138.7 million of total
operating revenue for the year ended Dec. 31, 2015.  As of Dec. 31,
2016, Rex Energy had $893.9 million in total assets, $883.7 million
in total liabilities and $10.22 million in total
stockholders' equity.

                       *     *     *

As reported by the TCR on April 6, 2016, Standard & Poor's Ratings
Services said that it lowered its corporate credit rating on Rex
Energy Corp. to 'SD' from 'CC'.  "The downgrade follows Rex's
announcement that it has closed an exchange offer to existing
holders of its 8.875% and 6.25% senior unsecured notes for a new
issue of 8% senior secured second-lien notes due 2020 (not rated)
and shares of common equity," said Standard & Poor's credit analyst
Aaron McLean.


REX ENERGY: Effects a One-For-Ten Reverse Stock Split
-----------------------------------------------------
Rex Energy Corporation announced a one-for-ten reverse stock split
of its common stock.  The Company's stockholders granted authority
to the Company's Board of Directors to effect this reverse stock
split at the Company's annual meeting of stockholders on May 5,
2017.  The reverse stock split took place after market close on May
12, 2017.  The Company's common stock began trading on a
split-adjusted basis on The NASDAQ Capital Market at the market
open on May 15, 2017.

At the Effective Time, every ten issued and outstanding shares of
the Company's common stock will be converted into one share of the
Company's common stock.  While the Company's common stock will
continue to trade on NASDAQ under the symbol "REXX," it will have a
new CUSIP number following the effectiveness of the reverse stock
split.  The reverse stock split will not modify any rights or
preferences of the Company's common stock.  The reverse stock split
is intended to increase the market price per share of the company's
common stock to allow the company to maintain the listing of its
common stock on NASDAQ, as well as to broaden the range of
potential investors in Rex Energy to include those who have share
price minimum requirements that currently are not met.

As a result of the reverse stock split, the number of outstanding
shares of the Company's common stock will be reduced from
approximately 99 million to approximately 9.9 million.  No
fractional shares will be issued in connection with the reverse
stock split.  Instead, the Company will round fractional shares up
to the next whole share.  Holders of the Company's common stock
held in book-entry form or through a bank, broker or other nominee
do not need to take any action in connection with the reverse stock
split.  Stockholders of record will be receiving information from
ComputerShare Trust Company, N.A., the Company's transfer agent,
regarding their stock ownership post-split.  All other questions
can be directed to the transfer agent, ComputerShare Trust Company,
N.A., which can be reached at (800) 662-7232 or (781) 575-4238.

                      About Rex Energy

Headquartered in State College, Pennsylvania, Rex Energy is an
independent oil and gas exploration and production company with its
core operations in the Appalachian Basin.  The Company's strategy
is to pursue its higher potential exploration drilling prospects
while acquiring oil and natural gas properties complementary to its
portfolio.

Rex Energy reported a net loss of $176.7 million on $139.0 million
of total operating revenue for the year ended Dec. 31, 2016,
compared to a net loss of $361.0 million on $138.7 million of total
operating revenue for the year ended Dec. 31, 2015.  As of Dec. 31,
2016, Rex Energy had $893.9 million in total assets, $883.7 million
in total liabilities and $10.22 million in total stockholders'
equity.

                       *     *     *

As reported by the TCR on April 6, 2016, Standard & Poor's Ratings
Services said that it lowered its corporate credit rating on Rex
Energy Corp. to 'SD' from 'CC'.  "The downgrade follows Rex's
announcement that it has closed an exchange offer to existing
holders of its 8.875% and 6.25% senior unsecured notes for a new
issue of 8% senior secured second-lien notes due 2020 (not rated)
and shares of common equity," said Standard & Poor's credit analyst
Aaron McLean.


ROSETTA GENOMICS: Files Form F-1 Prospectus with SEC
----------------------------------------------------
Rosetta Genomics Ltd. filed with the Securities and Exchange
Commission a preliminary prospectus relating to the proposed
offering of Class A Units consisting of Ordinary Shares and Series
A Warrants and Class B Units consisting of Pre-Funded Series B
Warrants and Series A Warrants.

The information in the preliminary prospectus is not complete and
may be changed.  The Company may not sell these securities until
the registration statement filed with the Securities and Exchange
Commission is effective.  The preliminary prospectus is not an
offer to sell these securities and the Company is not soliciting
offers to buy these securities in any state or jurisdiction where
the offer or sale is not permitted.

The Ordinary Shares issuable from time to time upon exercise of the
Series A Warrants and the pre-funded Series B Warrants are also
being offered by this prospectus.

The Company's Ordinary Shares are currently listed on the NASDAQ
Capital Market under the symbol "ROSG."  There is currently no
established public trading market for the Series A Warrants and the
pre-funded Series B Warrants offered in this offering.  The Series
A Warrants and pre-funded Series B Warrants are not and will not be
listed for trading on any national securities exchange.

A full-text copy of the regulatory filing is available at:

                     https://is.gd/sTMGBe

                    About Rosetta Genomics

Based in Rehovot, Israel, Rosetta Genomics Ltd. is seeking to
develop and commercialize new diagnostic tests based on a recently
discovered group of genes known as microRNAs.  MicroRNAs are
naturally expressed, or produced, using instructions encoded in
DNA and are believed to play an important role in normal function
and in various pathologies.  The Company has established a CLIA-
certified laboratory in Philadelphia, which enables the Company to
develop, validate and commercialize its own diagnostic tests
applying its microRNA technology.

Rosetta Genomics reported a net loss of US$16.23 million on US$9.23
million of total revenues for the year ended Dec. 31, 2016,
compared to a net loss of US$17.34 million on US$8.26 million of
total revenues for the year ended Dec. 31, 2015.  As of Dec. 31,
2016, Rosetta had US$11.96 million in total assets, US$7.54 million
in total liabilities and $4.41 million in total
shareholders' equity.

Kost Forer Gabby & Kasierer, a member of Ernst & Young Global, in
Tel-Aviv, Israel, issued a "going concern" qualification on the
consolidated financial statements for the year ended Dec. 31, 2016,
citing that the Company has recurring losses from operations and
has limited liquidity resources that raise substantial doubt about
its ability to continue as a going concern.


RUE21 INC: Case Summary & 50 Largest Unsecured Creditors
--------------------------------------------------------
Affiliated debtors that filed Chapter 11 bankruptcy petitions:

     Debtor                                     Case No.
     ------                                     --------
     rue21, inc.                                17-22045
     800 Commonwealth Drive
     Warrendale, PA 15086

     Rhodes Holdco, Inc.                        17-22046

     r services, llc                            17-22047

     rue services corporation                   17-22048

Business Description: rue21 -- www.rue21.com -- is a specialty
                      fashion retailer of girls' and guys' apparel
                      and accessories.  For over 37 years, rue21
                      has been famous for offering the latest
                      trends at an affordable price point.  The
                      Company is headquartered in Warrendale,
                      Pennsylvania and it has one distribution
                      center located in Weirton, West Virginia.
                      The Debtors sell their merchandise to
                      customers in the contiguous 48 states
                      through their online store and their 1,179
                      brick-and-mortar stores located in various
                      strip centers, regional malls, and outlet
                      centers.  A confluence of factors
                      contributed to the Debtors' need to
                      commence these Chapter 11 cases including
                      the general downturn in the retail industry,

                      decreased sales and increased operating
                      costs, the shift away from brick-and-mortar
                      retail sales to online channels, and the
                      tightening of trade credit in the months
                      prior to the Petition Date.

Chapter 11 Petition Date: May 15, 2017

Court: United States Bankruptcy Court
       Western District of Pennsylvania (Pittsburgh)

Judge: Hon. Gregory L. Taddonio

Debtors'
Local
Counsel:              Eric A. Schaffer, Esq.
                      Jared S. Roach, Esq.
                      REED SMITH LLP
                      225 Fifth Avenue
                      Pittsburgh, Pennsylvania 15222
                      Tel: (412) 288-3131
                      Fax: (412) 288-3063
                      E-mail: eschaffer@reedsmith.com
                              jroach@reedsmith.com

Debtors' Counsel:     Jonathan S. Henes, P.C.
                      Nicole L. Greenblatt, P.C.
                      Robert A. Britton, Esq.
                      George Klidonas, Esq.
                      KIRKLAND & ELLIS LLP
                      KIRKLAND & ELLIS INTERNATIONAL LLP
                      601 Lexington Avenue
                      New York, New York 10022
                      Tel: (212) 446-4800
                      Fax: (212) 446-4900
                      E-mail: jonathan.henes@kirkland.com
                              nicole.greenblatt@kirkland.com
                              robert.britton@kirkland.com
                              george.klidonas@kirkland.com

Debtors'
Investment
Banker:              ROTHSCHILD INC.

Debtors'
Financial
Advisor:             BERKELEY RESEARCH GROUP, LLC

Debtors'
Real Estate
Advisor &
Consultant:          A&G REALTY PARTNERS, LLC

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

Estimated Assets: $1 billion to $10 billion

Estimated Debts: $1 billion to $10 billion

The petitions were signed by Todd M. Lenhart, senior vice
president, treasurer, chief financial officer, and chief accounting
officer.

Debtors' List of 50 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
Wells Fargo Bank                9% Senior Unsecured  $239,200,000
P.O. Box 6995                    Notes Due October
Portland, OR 97228                     2021
Milbank, Tweed, Hadley &
McCloy LLP
Attn: Gerard Uzzi
28 Liberty Street
New York, New York 10005-1413

Mark Edwards Apparel Inc            Vendor Claim      $21,059,177
8480 Jeanne Mance
Montreal Quebec
Canada H2P 2S3
Mark Edwards Apparel Inc
Attn: Jacqueline Gelber 8480
      Jeanne Mance
      Montreal Quebec
Canada H2P 2S3
Email: jacqueline@markedwards.com
Tel: 514-388-2353

Wells Fargo Capital Fin.             Factor Clam      $10,513,847
100 Park Ave., 3rd Floor
New York, NY 10017
Attn: Steve Levine
100 Park Ave., 3rd Floor
New York, NY 10017

The CIT Group                        Factor Claim      $8,425,461
11 West 42nd St., 11th Floor
New York, NY 10036
Attn: John Henstrand
11 West 42nd St., 11th Floor
New York, NY 10036
John.Henstrand@cit.com
Tel: 212-461-5421

Rosenthal & Rosenthal                Factor Claim      $5,580,781
1370 Broadway, 3rd Floor
New York, NY 10018
Rosenthal & Rosenthal
Attn: Howard Kern
1370 Broadway, 3rd Floor
New York, NY 10018
Email: hkern@rosenthalinc.com

Branch Banking & Trust Co            Factor Claim      $4,316,247
3379 Peachtree Rd NE, Suite 600
Atlanta, GA 30326
Attn: Angela Semexant
3379 Peachtree Rd NE, Suite 600
Atlanta, GA 30326
Tel: 407-670-2618
Email: angela.semexant@bbandt.com

Thread Collectiv                      Vendor Claim     $3,697,978
850 McCaffrey Street
Saint-Laurent Quebec, Canada
H4T 1N1
Attn: Mike Grussgott, Maria
Triassi, Steven Schriever
850 McCaffrey Street
Saint-Laurent Quebec, Canada H4T 1N1
Email: kumar.gheewala@famejeans.com
Tel: 201-306-9415

New Commercial Capital                Factor Claim     $2,441,134
3530 Wilshire Blvd, Ste 380
Los Angeles, CA 90010
Tel: 213-365-4936

Capital Business Credit               Factor Claim     $1,717,296
700 S. Flower St
Los Angeles, CA 90017
Attn: Bill Eng
700 S. Flower St
Los Angeles, CA 90017
Email: weng@capitalbusinesscredit.com
Tel: 213-226-5258

Prime Business Credit                Factor Claim      $1,499,678
1055 West Seventh Street, Suite 2200
Los Angeles, CA 90017

FedEx Billing Online                 Vendor Claim      $1,263,978
PO Box 371461
Pittsburgh, PA 15250-7461
FedEx
3875 Airways, Module H3
Memphis, TN 38116

Accord Financial                     Factor Claim      $1,214,038
3500 de Maisonneuve West
Suite 1510
Montreal Quebec, Canada H3Z 3C1

ROMANE                               Vendor Claim      $1,028,710
350 Fifth Ave. Ste 6100
New York, NY 10118

Finance One Inc.                     Factor Claim        $944,402
801 S. Grand Avenue #1000
Los Angeles, CA 90017
Attn: Stephen Kim
801 S. Grand Avenue #1000
Los Angeles, CA 90017
Email: skim@finone.com
Tel: 213-430-4888

TradeGlobal LLC                      Vendor Claim        $901,256
5389 E Provident Drive
Cincinnati, OH 45246

Milberg Factors                      Factor Claim        $888,532
99 Park Ave. 21st Floor
New York, NY 10016
Attn: Maurice Sabony
99 Park Ave. 21st Floor
New York, NY 10016
Email: msabony@milfac.com
Tel: 212-697-4200 ext. 256

Self Esteem Division OF              Vendor Claim        $768,084
1515 Gage Road
Montebello, CA 90640
Attn: Kerri Lauther
1515 Gage Road
Montebello, CA 90640
Email: klauther@selfesteemclothing.com
Tel: 323-899-4300

Merchants Business Credit            Factor Claim        $691,126
1441 Broadway
New York, NY 10018

Hana Financial Inc.                  Factor Claim        $614,865
Attn: Darrell Reed
1000 Wilshire Blvd. 20th Floor
Los Angeles, CA 90017
Email: darrell.reed@hanafinancial.com
Tel: 213-977-7257

Continental Business Cred            Factor Claim        $558,120
15503 Ventura Blvd, Suite 310
Encino, CA 91436

Fab Asia International               Vendor Claim        $552,313
Attn: Daniel Dematteo and Sunil
Uttamchandani
Fab Asia International
108 Olive Lane
New Hyde Park, New York 11040
Email: Dan@destinovero.com;
       sunil@fabasiaintl.com
Tel: (212) 764-6468

C P International                    Vendor Claim        $547,183
Attn: Bob Cook (President), Jon
Cook (VP), Margaret Reed (GM),
C P International
Gordon Kilian (Sales)
165 North Dean Street
Englewood, NJ 07631
Email: 07631bobcookcpi@gmail.com
Tel: 201.816.8111

JEM International                    Vendor Claim        $537,732
Attn: Martin Erani, Orly Dominguez
1 E. 33rd Street, 11th Floor
New York, NY 10016
martin@jeminc.net
Tel: 212-889-1012

Grand Horizon Limited                Vendor Claim        $519,957
Attn: Irene Cheung and Yanny Law
11/F Hang Cheong Factory Bldg., 1
Wing Ming Street, Cheung Sha
Wan Kowloon Hong Kong 852
Email: irene.cheung@grandhorizon.com
Tel: 852-27989382

UPS                                  Vendor Claim        $507,369
PO Box 7247-0244
Philadelphia, PA 19170-0001
55 Glenlake Parkway NE
Atlanta, GA 30328

Stored Value Solutions               Vendor Claim        $431,368
5301 Maryland Way
Brentwood, TN 37027

JA Franco and So                     Vendor Claim        $395,723
Attn: Robert Laniado and Emily Wardell
295 Fifth Avenue Suite 312
Manhattan, NY 10016
Email: robert@jfranco.com;
       emily@jfranco.com;
Tel: 212-679-3022

Bailey Apparel                       Vendor Claim        $351,924
Attn: Kevin Gindi, Stephanie
Santagelo, Ness Bailey
526 7th Ave, 7th Fl
New York, NY 10018
Email: stephanie@baileyapparel.com;
       ness@baileyapparel.com;
Tel: 212-624-9243, 212-624-9182, 212-
     624-9240

Continuum Management Co. LLC         Vendor Claim        $344,741
300 Atlantic Street, 7th FL
Stamford, CT 06901

Branding Brand Inc                   Vendor Claim        $342,000
2313 East Carson St
Pittsburgh, PA 15203

Enchante Accessories                 Vendor Claim        $332,140
Attn: Gabe Khezrie, Eddie
16 East, 34th Street
New York, NY
Email: 10016bobbym@ench.com
Tel: 212-689-6008 (646-795-2070
x285; x450 Courtney Oxland)

Bravado International                Vendor Claim        $286,860
Attn: Myk Rudnick
3640 Holdrege Avenue
Los Angeles, CA 90016
Email: sdemko@socal.rr.com
Tel: 310-237-7100

MVP Group Int'l.                     Vendor Claim        $283,843
Attn: Jennifer Loiacono; Darice
Guadalupe
430 Gentry Road
Elkin, NC 28621
Email: jenniferloiacono@mvpgroupint.com
Tel: 336-835-6020

Broder Productions                   Vendor Claim        $279,900
#204 1400 Lincoln Road
Miami Beach, FL 33139

GTT Communications Inc               Vendor Claim        $267,217
Suite 1450
7900 Tysons One Place
McLean, VA 22102

Ucrave Inc.                          Vendor Claim        $265,794
209 West 38th Street, Suite 1105
New York, NY 10018

Aptos Inc                            Vendor Claim        $264,507
15 Governor Drive
Newburgh, NY 12550

Fashion Lifestyle                    Vendor Claim        $263,910
Attn: Brent Evans
1501 Rio Vista Ave.
Los Angeles, CA 90023
Email: brent@justfound.us;
   customerservice@justfound.us
Tel: 213-291-8992

Experian QAS                         Vendor Claim        $259,111
475 Anton Blvd
Costa Mesa, CA 92626

Applied Predictive Technology        Vendor Claim        $227,375
Suite 1000
901 North Stuart St
Arlington, VA 22203

NPD Group Inc                        Vendor Claim        $223,333

FTC Commercial Corp                  Factor Claim        $207,279
Email: ken@ftcc.net

Winthrop Resources Corporation       Vendor Claim        $197,369

Taistech LLC                         Vendor Claim        $194,613

Advanced Construction Serv           Vendor Claim        $187,217

ICON                                 Vendor Claim        $184,314

Image Consulting Services            Vendor Claim        $183,546

Lepko Fashions                       Vendor Claim        $178,935
Email: Eugeneg@lepkofashions.com

Finesse Novelty Corp.                Vendor Claim        $167,072
Email: johnk@fncny.com;
jacka@fncny.com;
scottd@fncny.com

Third Estate LLC                     Vendor Claim        $164,118
Email: steve@dope.com


RUE21 INC: Files for Chapter 11 After Closing 400 Stores
--------------------------------------------------------
rue21, Inc. has filed a voluntary petition for reorganization under
chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the
Western District of Pennsylvania, and has entered into agreements
with certain of its lenders to reduce the Company's debt and
provide additional capital in support of its restructuring.

rue21 expects to continue normal business operations in the
ordinary course throughout this process.

The restructuring is an important step forward in rue21's ongoing
business transformation into a more focused and highly performing
retailer.  Last month, the Company began the process of closing
approximately 400 underperforming stores in its 1,179 store fleet
in order to streamline operations, better align the size of its
footprint with market realities, and focus on its hundreds of
highly performing locations.  rue21 may evaluate additional store
closings as it continues to manage its real estate lease
portfolio.

In conjunction with the restructuring, rue21 has entered into a
Restructuring Support Agreement (RSA) with certain of its
stakeholders that confirms the support of the Debtors' key
constituents for the Debtors' restructuring process and
contemplates, among other things, an emergence from chapter 11
proceedings in the fall of 2017 with a significantly deleveraged
balance sheet.  In particular, lenders holding 96.8% of the
Company's secured term loan, bondholders representing 60.2% of the
Company's issued and outstanding unsecured notes, and the Company's
majority shareholder each executed the Restructuring Support
Agreement.    

The Company has also reached agreements, subject to the approval of
the Court, to obtain up to $125 million in ABL debtor-in-possession
financing from its existing ABL lenders and up to $50 million in
new money term loan debtor-in-possession financing from a subset of
its existing term loan lenders.  This financing is intended to
provide the Company with the liquidity necessary to support its
ongoing business operations during the financial restructuring
process.  The new financing will support day-to-day operations
during the reorganization, including:

   -- Continuing employee wages without interruption;
   -- Paying vendors in the ordinary course for all authorized
goods and services provided on or after the filing date; and
   -- Honoring all existing customer programs—including gift
cards.

Melanie Cox, Chief Executive Officer of rue21, said, "These actions
are being undertaken with the goal of strengthening the Company's
balance sheet, achieving a more efficient cost structure, and
concentrating resources on a tighter retail footprint in order to
pave the best path forward for rue21.  Even in a challenging
environment, we are fortunate that rue21 has highly relevant
brands, an enthusiastic and loyal customer base, and hundreds of
highly performing stores.  The agreement with our lenders
represents their confidence in rue21's future success even at a
time of significant retail industry change.  Looking ahead, I am
confident that the outcome of this process will be a stronger and
more sustainable rue21 for our customers, vendors and business
partners."

The Company has made customary filings, including first day
motions, with the Court, which, if granted, will help ensure a
smooth transition into chapter 11 without disruption.  These
motions include, among other things, granting authority to pay
pre-filing wages, salaries, and benefits, honor customer programs,
and pay vendors and suppliers in the ordinary course for all goods
and services provided on or after the filing date.

Information about the Company's chapter 11 filing can be found on
its website at www.rue21.com/restructuring or on the website of its
claims agent at www.kccllc.net/rue21.  A toll free restructuring
information line is also available by calling (888) 647-1738 or, if
calling from outside the U.S. or Canada, (310) 751-2625.

rue21 has retained Kirkland & Ellis LLP as its legal advisor,
Rothschild Inc. as its investment banker and financial advisor, and
Berkeley Research Group, LLC as its restructuring advisor.

                         About rue21

rue21 -- http://www.rue21.com/-- is a teen specialty apparel
retailer.  Headquartered just north of Pittsburgh, Pennsylvania,
rue21 currently operates 1,179 stores in 48 states in shopping
malls, outlets and strip centers, and on its website.


RUPARI HOLDING: Resolves Objections to Cash Collateral Budget
-------------------------------------------------------------
Vince Sullivan, writing for Bankruptcy Law360, reports that Rupari
Food Services Inc. resolved objections to its cash collateral
budget by increasing the money allocated to the unsecured creditors
committee and decreasing its own counsel fees.

John K. Lyons, Esq., at DLA Piper LLP, the attorney for the Debtor,
told the U.S. Bankruptcy Court for the District of Delaware that
changes to its cash collateral budget were made possible by the
voluntary dismissal of the Debtor's adversary proceeding against
former licensing partner Tony Roma's.

                   About Rupari Holding Corp.

Established in 1978, Rupari -- http://www.rupari.com/-- is a  
culinary supplier of sauced and unsauced ribs, barbeque pork, and
BBQ chicken. Since 1978, Rupari Foods has been producing and
distributing the finest, restaurant-quality, pre-cooked, sauced,
bone-in proteins, and related barbeque products.  The Company
offers a full line of meats under the Rupari brand name, as well as
a variety of products under the retail names of Tony Roma's and
Butcher's Prime.  The Company's products are available at large and
mid-sized retailers throughout the United States and Canada.

Rupari Holding Corp. and its affiliate Rupari Food Services, Inc.,
filed Chapter 11 petitions (Bankr. D. Del. Lead Case No. 17-10793)
on April 10, 2017.  The petitions were signed by Jack Kelly, CEO.

At the time of filing, the Debtors each estimated $50 million to
$100 million in assets and $100 million to $500 million in
liabilities.

The cases are assigned to Judge Kevin J. Carey.

Lawyers at DLA Piper LLP (US), led by R. Craig Martin, Esq., Maris
J. Kandestin, Esq., Richard A. Chesley, Esq., and John K. Lyons,
Esq., serve as counsel to the Debtors.  The Debtors hired Kinetic
Advisors LLC as financial advisor, and Donlin, Recano & Co., Inc.
as claims and noticing agent.

On April 20, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors. The Committee hired
Lowenstein Sandler LLP, as counsel, Whiteford Taylor & Preston LLC,
as Delaware counsel, CohnReznick LLP and CohnReznick Capital Market
Securities, LLC as its financial advisor and investment banker.


RUXTON DESIGN: Wants To Obtain $24,225 Financing From Pearl Beat
----------------------------------------------------------------
Ruxton Design and Build, LLC, asks the U.S. Bankruptcy Court for
the District of Maryland for authorization to incur post-filing
credit in the amount of $24,225, nun pro tunc, from Pearl Beat
Funding, LLC, t/a PearlCapital.

The Debtor had sustained an uptake in new business in March and
April but has been slowed in the last several weeks.  

The primary needs for funds is to catch up on the rent payments due
to the Landlord and to catch up on payments due Angie's List.

The Debtor has committed to payment of the Landlord's rent by
payment of $6,500 on May 5, 2017, (already paid), $6,500 on May 19,
2017, and $6,500 on June 9, 2017.

The Debtor needs the instant loan so that it can also pay its
arrears to Angie's List.

Angie's List is the primary source of new business for the Debtor.
Without being on the list, prospective customers are diminished.
Being off the list is the primary reason the Debtor believes that
is business has slowed in recent weeks.  The amount due Angie's
List is approximately $7,500.

PearlCapital will agree to the immediate funding of $24,225.  The
debt will be in a second position behind First Global and will be
repaid at the rate of $344 per day by direct debit of the Debtor's
DIP Account.

PearlCapital is aware that the loan will be junior to the lien of
First Global.

The Debtor is unable to obtain an unsecured loan.  The Court is
aware of the senior lien of First Global and has monitored the use
of cash collateral by the Debtor.  Hence, there is adequate
protection for the lien of First Global.

The Debtor's estate is nominal and the incurment of additional
financing would not alter the amount of assets left for creditors
in the event this case is dismissed or converted to Chapter 7.

The Court has previously approved three cash collateral court
orders which have helped the Debtor continue to function.

A copy of the motion is available at:

             http://bankrupt.com/misc/mdb17-10359-71.pdf

                About Ruxton Design and Build

Ruxton Design and Build, LLC, filed a Chapter 11 petition (Bankr.
D. Md. Case No. 17-10359) on Jan. 10, 2017.  Frank B. Zeberlein,
president, signed the petition.  The Debtor is represented by
Stephen J. Kleeman, Esq., at the Law Offices of Stephen J. Kleeman.
At the time of filing, the Debtor estimated assets and liabilities
between $100,000 and $500,000.


SAEXPLORATION HOLDINGS: Posts $6.8M Net Income for First Quarter
----------------------------------------------------------------
SAExploration Holdings, Inc. filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing net income
attributable to the Corporation of $6.84 million on $86.16 million
of revenue from services for the three months ended March 31, 2017,
compared to net income attributable to the Corporation of $14.24
million on $90.15 million of revenue from services for the same
period a year ago.

As of March 31, 2017, the Company had $217.12 million in total
assets, $169.67 million in total liabilities and $47.45 million in
total stockholders' equity.

Jeff Hastings, Chairman and CEO of SAE, commented, "We are very
pleased with the performance and results we produced during the
first quarter, specifically with our ability to maintain the
excellent level of execution and efficiency demonstrated in the
first quarters of 2016 and 2015.  Activity in the first quarter
held firm, supported by a seasonal project on the North Slope of
Alaska, and the successful execution of a major deep water
ocean-bottom nodal project in West Africa.  This was done in the
face of continued pressure throughout the industry and all of our
geographic markets, as producers remain patient and diligent in
their evaluation of capital spending plans."

Mr. Hastings continued, "We continue to engage in discussions with
customers about longer term agreements, as evidenced by the signing
of our three-year agreement with Hocol to provide all of their
geophysical services in Colombia.  We expect the Hocol agreement to
add incremental revenue potential of about $40 million a year on a
normalized annual basis through maturity. Because of our
constrained visibility, however, our formal bids outstanding are
relatively low.  This is not necessarily reflective of the overall
level of activity, but instead, is due mostly to timing and the
lack of producers' willingness to plan projects as far in advance
as we've become accustomed to in the past.  Conversely, early
stage, pre-bid opportunities that we see coming into our markets,
but that haven't officially been tendered yet, suggest that future
prospects may be brighter."

Mr. Hastings concluded, "We remain well positioned internationally
in key markets around the world.  We continue to believe in our
overall strategy and the fundamental elements that underpin our
strength.  Our core markets have proven resilient and our
diversification has assisted us in maintaining stability.  We
expect to remain focused on preserving liquidity, including
continuing with our efforts to monetize our Alaskan tax credits and
to renew or replace our revolving credit facility and senior loan
facility, while we await a recovery in exploration spending. In the
meantime, our capital expenditures will be kept at a minimum, with
a target of less than $5 million for 2017."

            First Quarter 2017 Financial Results

Revenues decreased 4.4% to $86.2 million from $90.2 million in Q1
2016, primarily due to a decrease in activity in Alaska, offset by
an increase in ocean-bottom marine activity in West Africa when
compared to the same period last year.  However, total revenues in
Q1 2016 included approximately $38.6 million related to tax credit
projects in Alaska, when there were no such projects in Q1 2017.

Gross profit was $25.1 million, or 29.2% of revenues, compared to
$26.4 million, or 29.3% of revenues, in Q1 2016.  Gross profit for
Q1 2017 and Q1 2016 included depreciation expense of $3.3 million
and $4.2 million, respectively.  Gross profit excluding
depreciation expense, or adjusted gross profit, which is defined
and calculated below, for Q1 2017 was $28.4 million, or 33.0% of
revenues, compared to $30.6 million, or 34.0% of revenues, in Q1
2016.  Despite a marginal decrease in revenue, gross profit, as a
percentage of revenue, remained comparable to Q1 2016 due to
sustained levels of performance and efficiencies at the field
level.

Selling, general and administrative expenses during the quarter
were $6.5 million, or 7.6% of revenues, compared to $6.7 million,
or 7.5% of revenues, in Q1 2016.  The decrease in SG&A expenses was
primarily due to lower revenue in Q1 2017 compared to the same
period last year.  However, this was partially offset by an
increase in non-cash share-based compensation expense in Q1 2017
and a gain on sale of fixed assets in Q1 2016. During Q1 2017 and
Q1 2016, there were approximately $0.9 million and $0.2 million,
respectively, of non-recurring or non-cash expenses included in
SG&A.

Income before income taxes was $10.6 million during the quarter,
compared to $17.3 million in Q1 2016.  The decrease in income
before income taxes was largely due to significantly higher other
expense compared to Q1 2016.  During Q1 2017, other expense
included, among other items, $8.4 million of interest expense, of
which, approximately $5.3 million was non-cash amortization of loan
issuance costs and $2.2 million was interest that was paid in-kind.
While a non-cash charge, the amortization of loan issuance costs
is expected to continue to impact income before income taxes to a
similar degree until the senior loan facility is repaid in full or
matures in January 2018.

Provision for income taxes was $1.7 million, compared to $0.7
million in Q1 2016.  The increase in provision for income taxes was
primarily due to fluctuations in earnings among the various
jurisdictions in which the company operates, decreases in valuation
allowance reversals and increases in foreign tax rate
differentials, offset by decreases in permanent differences.

Adjusted EBITDA, which is defined and calculated below, was $22.7
million during the quarter, or 26.4% of revenues, compared to $24.1
million, or 26.7% of revenues, in Q1 2016.

Capital expenditures for the quarter were $2.2 million, compared to
$0.2 million in Q1 2016.  The capital expenditures in Q1 2017
primarily related to the remaining cash payments for the purchase
of additional vibrator trucks made in Q4 2016, and were partially
offset by the receipt of $1.9 million in proceeds from the sale of
fixed assets in Q4 2016.  Given the state of the industry and the
limited growth opportunities requiring capital expenditures, the
Company expects its total capital expenditures for 2017 to be under
$5.0 million.

On March 31, 2017, cash, cash equivalents and restricted cash
totaled $15.7 million, which included $4.2 million of restricted
cash that was primarily related to exchange control regulations in
a West African country where SAE completed a deep water
ocean-bottom marine project completed during Q1 2017.  Also on
March 31, 2017, working capital was $44.8 million, total debt at
face value, excluding net unamortized premiums or discounts, was
$118.8 million, and total stockholders' equity was $47.5 million.

Contracted Backlog

As of March 31, 2017, SAE's backlog was $53.1 million.  Bids
outstanding on the same date totaled $155.0 million.  The entire
backlog was comprised of land-based projects, with 89% in South
America, 8% in North America and the remainder in Southeast Asia.
SAE currently expects all of the projects in its backlog to be
completed during 2017.  The estimations of realization from the
backlog can be impacted by a number of factors, however, including
deteriorating industry conditions, customer delays or
cancellations, permitting or project delays and environmental
conditions.

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

                  https://is.gd/QIecRJ

              About SAExploration Holdings

Based in Houston, Texas, SAExploration Holdings, Inc. (NASDAQ:
SAEX)
is an internationally-focused oilfield services company offering a
full range of vertically-integrated seismic data acquisition and
logistical support services in Alaska, Canada, South America, and
Southeast Asia to its customers in the oil and natural gas
industry.  In addition to the acquisition of 2D, 3D, time-lapse 4D
and multi-component seismic data on land, in transition zones
between land and water, and offshore in depths reaching 3,000
meters, the Company offers a full-suite of logistical support and
in-field data processing services.  The Company operates crews
around the world that are supported by over 29,500 owned land and
marine channels of seismic data acquisition equipment and other
leased equipment as needed to complete particular projects.

SAExploration reported a net loss attributable to the Company of
$25.03 million on $205.56 million of revenue from services for the
year ended Dec. 31, 2016, compared to a net loss attributable to
the Company of $9.87 million on $228.13 million of revenue from
services for the year ended Dec. 31, 2015.

                       *     *     *

In June 2016, S&P Global Ratings lowered its corporate credit
rating on SAExploration Holdings to 'CC' from 'CCC-'.  At the same
time, S&P lowered the issue-level rating on the company's senior
secured notes to 'CC' from 'CCC-'.  The outlook remains negative.
The downgrade follows SAExploration's announcement that it plans to
launch an exchange offer to existing holders of its 10% senior
secured notes for shares of common equity and a new issue of
second-lien notes.  Following the rating action, S&P withdrew the
corporate credit and issue-level ratings at the company's request.

In September 2016, Moody's Investors Service withdrew
SAExploration's 'Caa2' Corporate Family Rating and other ratings.


SEANERGY MARITIME: 2016 Annual Report Now Available
---------------------------------------------------
Seanergy Maritime Holdings Corp. announced that its Annual Report
on Form 20-F for the fiscal year ended Dec. 31, 2016, has been
filed with the U.S. Securities and Exchange Commission.  The Annual
Report on Form 20-F may also be accessed through the Seanergy
Maritime Holdings Corp. Web site, http://www.seanergymaritime.com/
, at the Investor Relations section under Annual Reports.

Shareholders may also request a hard copy of the Annual Report on
Form 20-F, free of charge, by contacting the Company's Investor
Relations, Capital Link, at:

     230 Park Avenue Suite 1536
     New York, NY 10169
     Tel. (212) 661-7566
     E-mail: seanergy@capitallink.com

                       About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet of
seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as well
as bauxite, phosphate, fertilizer and steel products.

Seanergy incurred a net loss of US$24.62 million in 2016 following
a net loss of US$8.95 million in 2015.  

As of Dec. 31, 2016, Seanergy had US$257.5 million in total assets,
US$226.7 million in total liabilities and US$30.83 million in total
stockholders'
equity.


SEANERGY MARITIME: Deregisters $300,000 Shares & $18,750 Warrants
-----------------------------------------------------------------
Seanergy Maritime Holdings Corp. filed with the U.S. Securities and
Exchange Commission (i) a registration statement on Form F-1 (File
No. 333-214322) on Oct. 28, 2016, which was amended by
pre-effective amendments filed on Nov. 29, 2016, Dec. 5, 2016, and
Dec. 6, 2016, and that was declared effective on Dec. 7, 2016, and
(ii) a registration statement on Form F-1 (File No. 333-214967) on
Dec. 8, 2016, that became effective upon filing in accordance with
Rule 462(b) under the Securities Act of 1933, as amended, or the
Securities Act.

The Registration Statements covered the offering of an aggregate of
(i) $17,250,000 of common shares, (ii) $23,000,000 of class A
warrants and common shares underlying the class A warrants and
(iii) $1,078,125 of Representative's Warrants and common shares
underlying the Representative's Warrants.  The Company granted the
underwriters in the offering a 45-day option to purchase additional
common shares and/or class A warrants.  Pursuant to the
Registration Statements, the Company has sold an aggregate of (i)
11,300,000 common shares with an offering price of $16,950,000
calculated pursuant to Rule 457 under the Securities Act, (ii)
class A warrants to purchase 11,500,000 common shares with an
offering price of $23,000,000 calculated pursuant to Rule 457 under
the Securities Act and (iii) Representative's Warrants to purchase
565,000 common shares with an offering price of $1,059,375
calculated pursuant to Rule 457 under the Securities Act.

On May 5, 2017, the Company filed a Post-Effective Amendment No. 2
to Form F-1 on Form F-3 to (i) deregister certain securities, (ii)
convert the Registration Statements on Form F-1 to Form F-3, and
(iii) register only the common shares issuable on exercise of the
class A warrants and Representative's Warrants already issued,
consisting of an aggregate of 12,065,000 common shares issuable
upon exercise of the outstanding class A warrants and
Representative's Warrants.  No further offering will be made
pursuant to this Post-Effective Amendment.  All filing fees payable
in connection with the registration of the 12,065,000 common shares
issuable upon exercise of the outstanding class A warrants and
Representative's Warrants were previously paid by the Company in
connection with the filing of the Registration Statements.

In accordance with the undertaking related to Item 512(a)(3) of
Regulation S-K contained in the registration statement on Form F-1
(File No. 333-214322) declared effective on Dec. 7, 2016, the
Company removes from registration under the Registration Statements
$300,000 of common shares, Representative's Warrants for $18,750 of
common shares and the common shares underlying such
Representative's warrants that remain unsold under the Registration
Statements.  The Company is removing from registration these
securities as its offering of these securities terminated on Jan.
27, 2017.

The Post-Effective Amendment also contains an updated prospectus
relating to an aggregate of 12,065,000 common shares issuable upon
the exercise of the outstanding class A warrants and
Representative's Warrants previously issued in connection with the
offering of initial securities under the Registration Statements,
which closed on Dec. 13, 2016, together with the offering of
additional securities under the Registration Statements pursuant to
the partial exercise of the underwriters' over-allotment option,
which closed on Dec. 21, 2016.

A full-text copy of the regulatory filing is available at:

                    https://is.gd/eqleaj

                       About Seanergy

Athens, Greece-based Seanergy Maritime Holdings Corp. is an
international company providing worldwide seaborne transportation
of dry bulk commodities.  The Company owns and operates a fleet of
seven dry bulk vessels that consists of three Handysize, two
Supramax and two Panamax vessels.  Its fleet carries a variety of
dry bulk commodities, including coal, iron ore, and grains, as well
as bauxite, phosphate, fertilizer and steel products.

Seanergy incurred a net loss of US$24.62 million in 2016 following
a net loss of US$8.95 million in 2015.  As of Dec. 31, 2016,
Seanergy had US$257.53 million in total assets, US$226.70 million
in total liabilities and US$30.83 million in total stockholders'
equity.


SEARS HOLDINGS: CEO Hits Supplier for 'Unreasonable Demands'
------------------------------------------------------------
Sears Holdings Corporation Chairman and CEO Eddie Lampert blasted
one of the company's suppliers for "trying to take advantage of"
the struggling chain's weakened position.

Mr. Lampert wrote in a blog post May 15, 2017: "Today, we are
taking a stand against one vendor that is trying to take unfair
advantage of us: One World, a company with whom we have had over a
nine-year business relationship, has threatened to refuse to
perform under their Supply Agreement unless we agree to what we
believe are unreasonable demands."

One World is a subsidiary of Techtronic Industries, a conglomerate
based in China with over $5 billion in revenues.  One World makes
various power tools and related accessories for Sears under the
Craftsman brand.

The CEO also wrote "there have been examples of parties we do
business with trying to take advantage of negative rumors about
Sears to make themselves a better deal -- a deal that is
unilaterally in their interest."

"In such a case, we will not simply roll over and be taken
advantage of -- we will do what's right to protect the interests of
our company and the millions of stakeholders we serve."

According to Mr. Lampert, "One World has enjoyed significant
benefits from its relationship with Sears -- we have paid One World
more than $868 million since 2007 -- a relationship that helped One
World build a formidable presence in the tool industry."

"If we allowed One World to break their agreement, it would
effectively reduce the flow of products they are required to
deliver to Sears, harming our ability to sell tools, supply parts,
and provide goods to Sears' members and customers.  We won't allow
that to happen. We are generally not a litigious company, but we
will fight back to protect our legal rights, hold One World to its
contractual agreements, and ensure that our customers are not
affected by this business dispute," Mr. Lampert said.

According to The Daily Herald, Sears Holdings on May 15 filed a
lawsuit against One World filed a lawsuit in Cook County circuit
court, accusing One World for attempting to break their supply
agreement and reduce Sears' supply.

                       Potential Bankruptcy?

Once America's biggest retailer, Sears has booked annual losses for
the sixth straight year, shedding more than $10 billion.  Sears
Holdings has been closing hundreds of Sears and Kmart stores,
selling assets, and laying off workers in order to stem losses.

In a March SEC filing, Sears added language that said its
"historical operating results indicate substantial doubt exists
related to the company's ability to continue as a going concern."

But Mr. Lampert at Sears' annual shareholders meeting on May 10
attacked reports that Sears may be facing bankruptcy in the near
future, calling the coverage "unbalanced" and damaging to the
company's business relationships with vendors.

According to The Street, Morgan Stanley on May 14 wrote on the
possibility of a Sears bankruptcy this year.

"[Sears] one- and two-year credit default swaps imply the market is
pricing a high profitability of default over the next 12 to 24
months," Morgan Stanley said.  "If Sears files for bankruptcy this
year and subsequently liquidates, [J.C. Penney] could be a major
beneficiary."

                           *     *     *

The company's stock price closed down 12.43% on May 15.

                           About Sears

Hoffman Estates, Illinois-based Sears Holdings Corporation (NASDAQ:
SHLD) -- http://www.searsholdings.com/-- is an integrated retailer
focused  on seamlessly connecting the digital and physical shopping
experiences to serve members.  Sears Holdings is home to Shop Your
Waytm, a social shopping platform offering members rewards for
shopping at Sears and Kmart as well as with other retail partners
across categories important to them.

The Company operates through its subsidiaries, including Sears,
Roebuck and Co. and Kmart Corporation, with more than 2,000 full-
line and specialty retail stores in the United States and Canada.

Kmart Corporation and 37 of its U.S. subsidiaries filed voluntary
Chapter 11 petitions (Bankr. N.D. Ill. Lead Case No. 02-02474) on
Jan. 22, 2002.  Kmart emerged from chapter 11 protection on May 6,
2003.  Skadden, Arps, Slate, Meagher & Flom, LLP, represented
Kmart in its restructuring efforts.  Its balance sheet showed
$16,287,000,000 in assets and $10,348,000,000 in debt when
it sought chapter 11 protection.

Kmart bought Sears, Roebuck & Co., for $11 billion to create the
third-largest U.S. retailer, behind Wal-Mart and Target, and
generate $55 billion in annual revenues.  Kmart completed its
merger with Sears on March 24, 2005.

As of Jan. 28, 2017, Sears Holdings had $9.36 billion in total
assets, $13.18 billion in total liabilities and a total deficit of
$3.82 million.

Ed Lampert's hedge fund ESL Investments is Sears' largest
shareholder.  Mr. Lampert is presently the chairman and CEO of
Sears.

Sears Holdings reported a net loss of $2.22 billion on
$22.13 billion of revenues for the fiscal year 2016,
following a net loss of $1.12 billion on $25.14 billion
of revenues for the fiscal year 2015.  

As of Jan. 28, 2017, Sears Holdings had $9.36 billion in total
assets, $13.18 billion in total liabilities and a total deficit of
$3.82 billion.

                      *     *     *

In January 2017, Fitch affirmed the Long-term Issuer Default
Ratings (IDR) on Sears Holdings and its various subsidiary entities
at 'CC'.  Fitch expects cash burn (CFO after capex and pension
contributions) of $1.6 billion in 2016 and $1.8 billion in 2017,
assuming $250 million in annual working capital benefit from store
closings and less inventory buys.  Fitch believes restructuring
risk for Sears remains high over the next 12 to 24 months given the
significant cash burn and reduced sources of liquidity.

In January 2017, Moody's Investors Service downgraded Sears
Holdings Corporate Family Rating to 'Caa2' from 'Caa1'.  Sears'
'Caa2' rating reflects the company's sizable operating losses -
Domestic Adjusted EBITDA was a loss of $884 million in the latest
12 month period.

In April 2017, S&P Global Ratings affirmed its ratings, including
the 'CCC+' corporate credit rating, and 'negative outlook', on
Sears Holdings Corp.


SEARS HOLDINGS: Sues Chinese Vendor Over Contract Dispute
---------------------------------------------------------
Andrew Scurria, writing for The Wall Street Journal Pro Bankruptcy,
reported that Sears Holdings Corp. sued a vendor for demanding what
the retailer says are unjustified changes to their supply contract,
the latest signal of supplier discontent with Sears' turnaround
strategy.

According to the report, the lawsuit filed in Illinois state court
on May 15 alleged that One World Technologies Inc., a subsidiary of
China-based Techtronic Industries Co. has no justification to
refuse to honor a contract for delivering Craftsman-brand power
tools to Sears.  The Techtronic unit is allegedly threatening to
repudiate the contract unless Sears scales back the number of
products it needs, the report related.

The lawsuit accused One World of trying to renegotiate its deal
based on "innuendo, rumor and unfounded inferences" regarding
Sears' financial health, the report further related.  If the vendor
can cut its shipments to Sears, it can sell those products to other
retailers at higher prices without spending the money to increase
production, the report said, citing the lawsuit.

In the past week, One World allegedly raised concerns that Sears
could continue to pay for overseas deliveries through letters of
credit issued by financing unit Sears Roebuck Acceptance Corp., the
report said.  The lawsuit said One World had "no basis for its
purported concerns" when the Sears financing unit has given no
indication it won't honor draws on its letters of credit, the
report added.

                         About Sears

Sears Holdings Corporation (NASDAQ: SHLD) --
http://www.searsholdings.com/-- is an integrated retailer focused  

on seamlessly connecting the digital and physical shopping
experiences to serve members.  Sears Holdings is home to Shop Your
Waytm, a social shopping platform offering members rewards for
shopping at Sears and Kmart as well as with other retail partners
across categories important to them.

The Company operates through its subsidiaries, including Sears,
Roebuck and Co. and Kmart Corporation, with more than 2,000 full-
line and specialty retail stores in the United States and Canada.

Kmart Corporation and 37 of its U.S. subsidiaries filed voluntary
Chapter 11 petitions (Bankr. N.D. Ill. Lead Case No. 02-02474) on
Jan. 22, 2002.  Kmart emerged from chapter 11 protection on May 6,
2003, pursuant to the terms of an Amended Joint Plan of
Reorganization.  Skadden, Arps, Slate, Meagher & Flom, LLP,
represented Kmart in its restructuring efforts.  Its balance sheet
showed $16,287,000,000 in assets and $10,348,000,000 in debts when
it sought chapter 11 protection.

Kmart bought Sears, Roebuck & Co., for $11 billion to create the
third-largest U.S. retailer, behind Wal-Mart and Target, and
generate $55 billion in annual revenues.  Kmart completed its
merger with Sears on March 24, 2005.

As of Jan. 28, 2017, Sears Holdings had $9.36 billion in total
assets, $13.18 billion in total liabilities and a total deficit of
$3.82 million.

Sears Holdings reported a net loss of $2.22 billion on $22.13
billion of revenues for the fiscal year 2016, compared to a net
loss of $1.12 billion on $25.14 billion of revenues for the fiscal
year 2015.  As of Jan. 28, 2017, Sears Holdings had $9.36 billion
in total assets, $13.18 billion in total liabilities and a total
deficit of $3.82 billion.

                      *     *     *

In March 2016, Fitch Ratings said it will retain Sears' long term
issuer default rating at 'CC'.

The TCR reported on Dec. 19, 2016, that S&P Global Ratings
affirmed
its ratings, including the 'CCC+' corporate credit rating, on
Sears
Holdings Corp.  "We revised our assessment of Sears' liquidity to
less than adequate from adequate based on the impact of continued
and meaningful cash use and constraints on contractually committed
liquidity from cash use and incremental secured funded
borrowings,"
said credit analyst Robert Schulz.  "We do not incorporate any
significant prospective asset sales or execution of strategic
alternatives for legacy hardline brands into our assessment of
committed liquidity."

As reported by the TCR on Jan. 24, 2017, Moody's Investors Service
downgraded Sears Holdings Corporate Family Rating to 'Caa2' from
'Caa1'.  Sears' 'Caa2' rating reflects the company's sizable
operating losses - Domestic Adjusted EBITDA (as defined by Sears)
was a loss of $884 million in the latest 12 month period.


STEREOTAXIS INC: Reports First Quarter Net Income of $1.2 Million
-----------------------------------------------------------------
Stereotaxis, Inc. reported reported financial results for the first
quarter ended March 31, 2017.

David Fischel, who was appointed chairman and acting CEO in
February 2017, commented, "The last three months have provided me
the opportunity to connect with many of our physician users and to
appreciate the enormous opportunity of robotic ablation.  It has
clear and significant advantages over manual ablation in a range of
ventricular and other complex cases, and is the only technology
that will allow automated individualized ablation in the less
complex atrial cases, all while providing a safer alternative for
both patients and healthcare professionals."

"Our focus for 2017 is to help electrophysiologists build
successful robotic practices and identify the strategic path for a
future in which robotic ablation will be the standard of care.  It
is a rare privilege and responsibility to be entrusted with
advancing a technology of such power."

Revenue for the first quarter of 2017 totaled $7.0 million, down
from $8.6 million in the prior year first quarter and $7.3 million
in the 2016 fourth quarter.  Recurring revenue was $6.8 million in
the first quarter, up from $6.6 million in the prior year quarter
and $6.5 million in the fourth quarter.  System revenue in the
first quarter was $0.2 million, down from $2.1 million in the prior
year quarter and $0.8 million in the fourth quarter. Recurring
revenue growth benefited from robust March procedure volume, with
the Company recording the highest monthly global procedure volume
in over two years and highest North American procedure volume in
over four years.  System revenue weakness was caused by the lack of
any Niobe system sales and the expiration of an Odyssey
distribution agreement in 2016.  Ending capital backlog for the
2017 first quarter was $4.1 million.

Gross margin in the quarter was $5.7 million, or 82% of revenue,
versus $6.5 million, or 75% of revenue, in the first quarter of
2016 and $5.3 million, or 73% of revenue, in the fourth quarter of
2016.

Operating expenses in the first quarter were $7.6 million, down
from $8.0 million in the prior year quarter and up from $7.4
million in the fourth quarter.  Operating loss in the first quarter
was $(1.9) million, compared to $(1.5) million in the prior year
first quarter and $(2.1) million in the fourth quarter.

Net income for the first quarter was $1.2 million, compared to a
net loss of $(2.3) million in the first quarter of 2016.  Excluding
mark-to-market warrant revaluation, the Company would have reported
a net loss of $(2.0) million for the 2017 first quarter.

Cash utilization for the first quarter was $2.7 million, compared
to $3.9 million in the year ago first quarter and $0.5 million in
the preceding fourth quarter.  Cash use in the first quarter was
impacted by approximately $1.2 million in non-recurring payments.

As of March 31, 2017, Stereotaxis had $18.98 million in total
assets, $33.08 million in total liabilities, $5.96 million in
preferred stock and a total stockholders' deficit of $20.06
million.  At March 31, 2017, Stereotaxis had cash and cash
equivalents of $5.7 million, no debt, and $4.3 million in unused
borrowing capacity on its revolving credit facility, for total net
liquidity of $10 million.

                      Full Year 2017 Expectations

   * Full year 2017 expected revenue to exceed $30 million

   * Approximately cash flow neutral for the remainder of 2017

   * Development and initiation of long term product innovation
     plan

Stereotaxis hosted a conference call and webcast on May 8 to
discuss the results.

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

                     https://is.gd/Hy1w8F

                      About Stereotaxis

Based in St. Louis, Missouri, Stereotaxis, Inc., is a manufacturer
and developer of a suite of navigation systems in interventional
surgical procedures.  The Company's Epoch Solution is used in the
treatment of arrhythmias and coronary artery disease.

Stereotaxis reported a net loss available to common stockholders of
$11.80 million on $32.16 million of total revenue for the year
ended Dec. 31, 2016, compared to a net loss available to common
stockholders of $7.35 million on $37.67 million of total revenue
for the year ended Dec. 31, 2015.


STEVE'S FROZEN: To Employ Boca Accounting as Accountant
-------------------------------------------------------
Steve's Frozen Chillers, Inc. seeks approval from the US Bankruptcy
Court for the Southern District of Florida to employ N Richard
Grassano, CPA and the accounting firm Boca Accounting LLC.  

Professional services the accountant will render are:

     (a) oversight and guidance of personal bookkeeper;

     (b) prepare and finalize for filing the MOR package by the
20th day of each month;

     (c) review monthly bank reconciliations; and

     (d) report and support as required to support successful
restructuring of the Debtor.

N Richard Grassano, CPA attests that neither he nor the firm
represent any interest adverse to the Debtor, or the estate, and
they are disinterested persons as required by 11 U.S.C. Sec.
327(a).

The Accountant can be reached through:

     N Richard Grassano, CPA
     BOCA ACCOUNTING LLC
     I90 N W Spanich River Blvd., Suite 200
     Boca Raton, FL 33431
     Phone: 561-226-4646
     Email: rich@bocaaccounting.net

               About Steve's Frozen Chillers

Founded in 2001, Steve's Frozen Chillers, Inc. --
http://stevesfrozenchillers.com/-- offers more than 20 flavors of
frozen drink mixes, both for alcoholic drinks and non-alcoholic,
including frozen cappuccinos, frozen energy drinks and skinny iced
coffee.  In 2016, the Company recorded gross revenue of $2.56
million compared to gross revenue of $3.09 million in 2015.

Steve's Frozen Chillers, Inc. filed a Chapter 11 petition (Bankr.
S.D. Fla. Case No. 17-13690) on March 27, 2017.  The petition was
signed by Steven D Schoenberg, CEO.  At the time of filing, the
Debtor had $744,658 in assets and $1.94 million in liabilities.

The case is assigned to Judge Erik P. Kimball.  

Angelo A. Gasparri, Esq., at the Law Office of Angelo A. Gasparri,
is serving as bankruptcy counsel to the Debtor.


SUNEDISON INC: Judge Points Out Problems in Chapter 11 Plan
-----------------------------------------------------------
Peg Brickley, writing for The Wall Street Journal Pro Bankruptcy,
reported that U.S. Bankruptcy Judge Stuart Bernstein, the judge
overseeing the bankruptcy case of SunEdison Inc., said he has "some
problems" with the failed solar-power developer's plan to exit
Chapter 11 and may be unable to confirm it.

According to the report, SunEdison, on May 16 unveiled in court a
series of settlements that brought the company's committee of
unsecured creditors on board with its chapter 11 exit plan.

One of the settlements discussed at the court hearing involves the
surrender by the TerraForm companies of some $3 billion worth of
unsecured claims against SunEdison, the report related.  Andy
Dietderich, Esq., a lawyer who has represented the TerraForm
companies in SunEdison's bankruptcy, said that element of the
proposed settlements would require review by the companies, the
report further related.

Other pacts give unsecured creditors a greater share of the
proceeds of litigation that is expected to follow SunEdison's exit
from bankruptcy as well as a $32 million settlement of claims
against former company leaders, the report said.  In return,
unsecured creditors agreed to drop some of the litigation they had
been pursuing, and throw their weight behind SunEdison's
bankruptcy-emergence strategy, the report added.

A lawyer for SunEdison told the judge to expect plan revisions that
could address his concerns, as well as detailed documents outlining
the pacts agreed to in mediation, the report said.

                      About SunEdison, Inc.

SunEdison, Inc. (OTC PINK: SUNEQ), is a developer and seller of
photovoltaic energy solutions, an owner and operator of clean
power
generation assets, and a global leader in the development,
manufacture and sale of silicon wafers to the semiconductor
industry.

On April 21, 2016, SunEdison, Inc., and 25 of its affiliates each
filed a Chapter 11 bankruptcy petition (Bankr. S.D.N.Y. Case Nos.
16-10991 to 16-11017).  Martin H. Truong, the senior vice
president, general counsel and secretary, signed the petitions.
The Debtors disclosed total assets of $20.7 billion and total debt
of $16.1 billion as of Sept. 30, 2015.

The Debtors have hired Skadden, Arps, Slate, Meagher & Flom LLP as
counsel, Togut, Segal & Segal LLP as conflicts counsel, Rothschild
Inc. as investment banker and financial advisor, McKinsey Recovery
& Transformation Services U.S., LLC, as restructuring advisors and
Prime Clerk LLC as claims and noticing agent.  The Debtors
employed
PricewaterhouseCoopers LLP as financial advisors; and KPMG LLP as
their auditor and tax consultant.

SunEdison also has tapped Eversheds LLP as its special counsel for
Great Britain and the Middle East. Cohen & Gresser LLP has also
been retained as special counsel.

The Debtors retained Ernst &Young LLP to provide tax-related
services.  Keen-Summit Capital Partners LLC has been hired as real
estate advisor.  Binswanger of Texas, Inc. also has been retained
as real estate agent.

Sullivan & Cromwell LLP serves as counsel to TerraForm Power,
Inc.,
and TerraForm Global, Inc.

An official committee of unsecured creditors has been appointed in
the case.  The Committee tapped Weil, Gotshal & Manges LLP as its
general bankruptcy counsel and Morrison & Foerster LLP as special
counsel.  Togut, Segal & Segal LLP and Kobre & Kim LLP serve as
conflicts counsel.  Alvarez & Marsal North America, LLC, serves as
the Committee's financial advisors.

Counsel to the administrative agent under the Debtors' prepetition
first lien credit agreement are Richard Levy, Esq., and Brad
Kotler, Esq., at Latham & Watkins.

Counsel to the administrative agent under the postpetition DIP
financing facility are Scott Greissman, Esq., and Elizabeth Feld,
Esq. at White & Case LLP.

Counsel to the Tranche B Lenders (as defined in the DIP credit
agreement) and the steering committee of the second lien creditors
are Arik Preis, Esq., and Naomi Moss, Esq., at Akin Gump Strauss
Hauer & Field, LLP.

Counsel to the administrative agent under the Debtors' prepetition
second lien credit agreement is Daniel S. Brown, Esq., at
Pillsbury
Winthrop Shaw Pittman LLP.

The collateral trustee under the Debtors' prepetition second lien
credit agreement and the indenture trustee under each of the
Debtors' outstanding bond issuances, is represented by Marie C.
Pollio, Esq., at Shipman & Goodwin LLP.

Counsel to the ad hoc group of certain holders of the Debtors'
convertible senior notes is White & Case LLP's Tom Lauria, Esq.


SWIM SEVENTY: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Swim Seventy, LLC
        8 Willard Road
        Norwalk, CT 06851

Case No.: 17-50549

Business Description: Swim Seventy --
                      http://swimseventy.com/about/-- is for-
                      profit, and privately owned company that
                      provides swim lessons, adult triathlon
                      training, aquatic group fitness and aquatic
                      rehabilitation.

Chapter 11 Petition Date: May 15, 2017

Court: United States Bankruptcy Court
       District of Connecticut (Bridgeport)

Judge: Hon. Julie A. Manning

Debtor's Counsel: Douglas S. Skalka, Esq.
                  NEUBERT, PEPE & MONTEITH, P.C.
                  195 Church Street, 13th Floor
                  New Haven, CT 06510
                  Tel: (203) 821-2000
                  Fax: 203-821-2009
                  E-mail: dskalka@npmlaw.com

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

Estimated Liabilities: $1 million to $10 million

The petition was signed by Antoinette L. Phillips, member.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/ctb17-50549.pdf


SWING HOUSE: Hearing on Plan Outline Set for June 7
---------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
has scheduled for June 7, 2017, the hearing to consider the
approval of Swing House Rehearsal and Recording, Inc.'s disclosure
statement describing the Debtor's Chapter 11 plan of reorganization
dated May 8, 2017.

Jonathan Mover, the plan proponent, assures the Court that the
Disclosure Statement contains "adequate information" as
contemplated by Section 1125 of the Bankruptcy Code.  The Plan
Proponent requests the Court to approve the Disclosure Statement
and authorize the Plan Proponent to solicit acceptances for the
Plan.

                  About Swing House Rehearsal

Swing House Rehearsal and Recording, Inc. dba Swing House Studios
provides comprehensive rehearsal sound stage, rental service, and
recording studio services for the music industry at its 21,000
square foot state-of-the-art compound in Atwater Village.  Since
1993, Swing House has provided the highest quality sound
engineering service, live event production, backline rental, and
showcase facilities in the music industry.

The Debtor filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
16-24758), on Nov. 8, 2016.  The petition was signed by Philip
Jaurigui, president and secretary.  The case is assigned to Judge
Robert N. Kwan.  At the time of filing, the Debtor estimated $1
million to $10 million in both assets and liabilities.

The Debtor is represented by Kurt Ramlo, Esq. and Jeffrey S. Kwong,
Esq., at Levene, Neale, Bender, Yoo & Brill L.L.P.  The Debtor
hired Friedman, Kannenberg & Company, P.C., as accountant.


T3M INC: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------
Debtor: T3M Inc., a Delaware corporation
          FKA T3 Motion, Inc.
        5181 Edison Ave.
        Chino, CA 91710

Case No.: 17-14082

Business Description: T3 Motion, Inc. -- founded in 2006 in Costa
                      Mesa, CA -- designs, manufactures and
                      markets personal mobility vehicles powered
                      by electric motors to the professional and
                      consumer markets.  The Company's initial
                      product is the T3 Series, a three wheel,
                      electric stand-up vehicle powered by a
                      quiet, zero-gas emission electric motor that

                      is designed specifically for public and
                      private security personnel.  Substantially
                      all of the Company's revenues to date have
                      been derived from sales of and service
                      related to the T3 Series ESVs and related
                      accessories.

                      On March 8, 2017, the Debtor's Certificate
                      for Revival of Charter filed with the
                      Delaware Secretary of State on Feb. 22,
                      2017, became effective, and accordingly, its
                      name changed from "T3 Motion, Inc." to "T3M
                      Inc."

                      Web site: http://www.t3motion.com/

Chapter 11 Petition Date: May 15, 2017

Court: United States Bankruptcy Court
       Central District of California (Riverside)

Judge: Hon. Scott H. Yun

Debtor's Counsel: Aram Ordubegian, Esq.
                  ARENT FOX LLP
                  555 W 5th St 48th Fl
                  Los Angeles, CA 90013-1065
                  Tel: 213-629-7410
                  Fax: 213-629-7401
                  E-mail: ordubegian.aram@arentfox.com

Debtor's
Special
Litigation
Counsel:          LKP GLOBAL LAW LLP

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Mi "Michael" Zhang, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at http://bankrupt.com/misc/cacb17-14082.pdf


TALLAHASSEE INDOOR: Unsecureds to Get Up to $50,000 Over 5 Yrs.
---------------------------------------------------------------
Tallahassee Indoor Shooting Range LLC filed with the U.S.
Bankruptcy Court for the Northern District of Florida an amended
disclosure statement dated May 8, 2017, referring to the Debtor's
plan of reorganization.

Class 3 General Unsecured Claims are impaired by the Plan.  The
Debtors will pay the holders the maximum sum of $50,000 payable
over five years in semi-annual payments to all the allowed claims.
The payment would be funded by the ongoing business operation of
the Debtor.  No distributions to insiders would occur during the
five-year payout except for wages paid in the ordinary course of
business and as disclosed in the Disclosure Statement.  In the
event the Debtor is unable to resolve the claim of MacInness and is
successful in opposing the claim of MacInness, then payment to all
other allowed unsecured claims would be a 100% dividend under the
Plan.

Payments and distributions under the Plan will be funded by
business revenue from the Debtor's principal business operations.

The Amended Disclosure Statement is available at:

          http://bankrupt.com/misc/flnb16-40407-59.pdf

                    About Tallahassee Indoor

Tallahassee Indoor Shooting Range LLC sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Fla. Case No.
16-40407) on Aug. 26, 2016.  The petition was signed by Robert W.
Kornegay Sr., managing member.  

The Debtor is represented by Robert Bruner, Esq.  The Debtor also
hired J. Stanley Chapman, Esq., at Equels Law Firm to represent
the Debtor in a lawsuit it filed against Blueprint 2000
Intergovernmental Agency in the Circuit Court of Leon County,
Florida.

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

On Feb. 17, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


THRU INC: Dropbox Seeks Trustee Appointment, Ch. 7 Conversion
-------------------------------------------------------------
Dropbox, Inc., the Creditor of Thru, Inc., asks the U.S. Bankruptcy
Court for the Northern District of Texas to enter an order
directing the appointment of a Chapter 11 trustee for the Debtor,
or converting the Chapter 11 bankruptcy case to one under Chapter
7, or granting its derivative standing to pursue all of the
Debtor's claims and causes of action against its present and former
officers and directors.

During the course of the trademark litigation, the Motion states
that the Debtor's Chief Executive Officer repeatedly made false
statements under oath, both during a deposition and in sworn
interrogatory responses. The Motion further revealed that the
Debtor has no realistic chance of rehabilitation based on past
performance. Dropbox, the Debtor's largest creditor by far, has no
confidence in present management. Finally, the benefits of
appointing a trustee far outweigh any potential cost. The Trustee
will likely bring a lawsuit against the Debtor's management to
recover preferential and fraudulent transfers, as well as to
recover damages the Debtor incurred as a result of the Debtor's
gross mismanagement.

Moreover, the case presents the quintessential situation where
derivative standing is appropriate. The debtor-in-possession
possesses colorable claims against its officers and directors for
breach of fiduciary duty, preferential transfers, and fraudulent
transfers. However, the Debtor's management chose neither to list
those causes of action in the Debtor's schedules nor to preserve
those causes of action expressly in its plan and disclosure
statement. The Motion thus states that if the Court declines to
appoint a chapter 11 trustee or to convert the case to chapter 7,
then equity and common sense demand that the Court confer standing
on the Creditor to pursue the claims on the estate's behalf.

Dropbox is represented by:

     Melissa S. Hayward, Esq.
     Julian P. Vasek, Esq.
     FRANKLIN HAYWARD LLP
     10501 N. Central Expy., Suite 106
     Dallas, TX 75231
     Tel.: (972) 755-7100
     Fax: (972) 755-7110
     Email: MHayward@FranklinHayward.com
            JVasek@FranklinHayward.com

                     About Thru, Inc.

Thru, Inc. -- http://www.thruinc.com/-- provides enterprise file
sharing and collaboration to help organizations exchange large
files and content securely across the globe. Thru, Inc., has
strategic partnerships with Rackspace, Microsoft, Salesforce,
VMware, IBM, Cleo, Servcorp, Symantec, HCL, and Citrix. The company
was formerly known as Rumble Group and changed its name to Thru,
Inc. in February 2006. Thru, Inc. was founded in 2002 and is based
in Irving, Texas with additional offices in San Jose, California;
Sydney, Australia; and London, United Kingdom.

On March 8, 2017, the U.S. District Court for the Northern District
of California entered an order awarding $2.3 million in attorney's
fees in favor of Dropbox, Inc., arising from a 2015 litigation
between Thru and Dropbox.  To preserve the value of its assets and
restructure its financial affairs following entry of that judgment,
Thru filed a Chapter 11 petition (Bankr. N.D. Tex. Case No.
17-31034) on March 22, 2017. The petition was signed by Lee
Harrison, CEO. At the time of filing, the Debtor had assets and
liabilities estimated at $1 million to $10 million. Judge Stacey G.
Jernigan is the case judge.

Bryan Cave LLP, is serving as bankruptcy counsel to the Debtor,
with Keith Miles Aurzada, Esq., and Michael P. Cooley, Esq.,
leading the engagement.


TRENDSETTER HR: Disclosures OK'd; Plan Hearing on June 22
---------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas has
approved the disclosure statement filed by Trendsetter HR, LLC,
Trend Personnel Services, Inc., and TSL Staff Leasing Inc.

A hearing to consider the approval of the plan of reorganization
will be held on June 22, 2017, at 9:30 a.m.

Objections to the plan confirmation must be filed by 5:00 p.m.
Central Time on June 12, 2017.

The deadline to return ballots is 5:00 p.m. Central Time on June
12, 2017.  Davor Rukavina will serve as the balloting agent and
will be responsible for receiving all ballots and tabulating them
and will, by June 16, 2017, file with the Court a summary of
ballots as received by him and a tabulation of the votes on the
Plan.

As reported by the Troubled Company Reporter on April 26, 2017, the
Debtors filed with the Court a disclosure statement dated April 17,
2017, in support of the Debtors' amended joint consolidated plan of
reorganization.  The Amended Disclosure Statement revised the
estimated amount of Class 8 Unsecured Claims.  Class 8 Claims are
estimated between $3 million and $13.5 million.  These claims are
impaired by the Plan.  The holders will recover 25%-75%.

                        About Trendsetter HR

Trendsetter HR LLC filed a Chapter 11 bankruptcy petition (Bankr.
N.D.Tex. Lead Case No. 16-34457) on November 17, 2016.  The Hon.
Stacey G. Jernigan presides over the case.  Ackerman LLP represents
the Debtor as counsel.  The Debtor also hired as counsel Davor
Rukavina, Esq., Thomas D. Berghman, Esq., and Jason A. Enright,
Esq., at Munsch Hardt Kopf & Harr, P.C.

In its petition, the Debtor estimated $1 million to $10 million in
assets and $10 million to $50 million in liabilities.  The petition
was signed by Daniel W. Bobst, president.

Trendsetter HR's case is jointly administered with Trend Personnel
Services, Inc., and TSL Staff Leasing, Inc.  Trendsetter HR is the
lead case.


U.S. STEM CELL: Recurring Losses Raise Going Concern Doubt
----------------------------------------------------------
U.S. Stem Cell, Inc., filed with the U.S. Securities and Exchange
Commission its quarterly report on Form 10-Q, disclosing a net loss
of $2.47 million on $1.15 million of total revenue for the
three-months ended March 31, 2017, compared to a net loss of
$363,324 on $710,946 of total revenue for the same period in 2016.

The Company's balance sheet at March 31, 2017, showed $1.38 million
in total assets, $8.90 million in total liabilities, and a total
stockholders' deficit of $7.51 million.

During three months ended March 31, 2017, the Company incurred net
losses of $2,472,107 and has a working capital deficit (current
liabilities in excess of current assets) of $5,895,202.  Factors
among others may indicate that the Company will be unable to
continue as a going concern for a reasonable period of time.

The Company's MyoCell product candidate has not received regulatory
approval or generated any material revenues.  The Company does not
expect to generate any material revenues or cash from sales of its
MyoCell product candidate until commercialization of MyoCell, if
ever.  The Company has generated substantial net losses and
negative cash flow from operations since inception and anticipates
incurring significant net losses and negative cash flows from
operations for the foreseeable future.  Historically, the Company
has relied on proceeds from the sale of its common stock and its
incurrence of debt to provide the funds necessary to conduct its
research and development activities and to meet its other cash
needs.

At March 31, 2017, the Company has cash and cash equivalents
totaling $619,109.  However the Company's working capital deficit
as of such date was approximately $5.9 million.  The Company's
independent registered public accounting firm has issued its report
dated March 15, 2017, in connection with the audit of the Company's
financial statements as of December 31, 2016.

A copy of the Form 10-Q is available at:

                       http://bit.ly/2pz6knL

U.S. Stem Cell, Inc., is an enterprise in the regenerative
medicine/cellular therapy industry.  The Company focuses on the
discovery, development and commercialization of cell based
therapeutics that prevent, treat or cure disease by repairing and
replacing damaged or aged tissue, cells and organs and restoring
their normal function.  Its business includes the development of
proprietary cell therapy products as well as revenue generating
physician and patient based regenerative medicine/cell therapy
training services, revenues realized from an Asset Sale and Lease
Agreement related to the segment of the company's business
involving collecting, growing and banking cell cultures treatment
kits for humans and animals, and the operation of a cell therapy
clinic.



UGHS SENIOR: White Oak to Get 50% of Settlement Funds, D&O Proceeds
-------------------------------------------------------------------
UGHS Senior Living, Inc., and its affiliates filed with the U.S.
Bankruptcy Court for the Southern District of Texas a disclosure
statement in support of the Debtor's joint Chapter 11 plan of
liquidation.

Class A2 consists of White Oak's allowed claim.  In full and
complete satisfaction, settlement, release, and discharge of and in
exchange for the holder's claim, the holder of the Allowed Class A2
claim will receive 50% of: (a) the settlement funds, and (b) the
other D&O proceeds, subject to Section 7.6.6 of the Plan.  This
class is impaired.

The Plan constitutes two separate plans -- one for the Consolidated
Debtors and one for TCSL.  The Plan is also a motion requesting
that the Court substantively consolidate the Consolidated Debtors'
Estates solely for purposes of voting and making distributions.
Substantive consolidation occurs when the assets and liabilities of
separate and distinct legal entities are combined in a single pool
and treated as if they belong to one entity.

The Plan proposes an orderly liquidation of the Debtors' assets.
Under the Plan, the Debtors' remaining assets, including cash and
causes of action, will vest in the Liquidating Trust, free and
clear of all liens, claims and encumbrances, except as otherwise
provided in the Plan.  The Liquidating Trustee will have the
authority to object to the allowance of any claims filed against
the Debtors.  The Liquidating Trustee will prosecute causes of
action in his discretion, liquidate other remaining tangible
assets, and make distributions to creditors in accordance with the
Bankruptcy Code.

Holders of allowed claims against the Debtors will be the
beneficiaries of the Liquidating Trust.  The Plan authorizes the
Liquidating Trustee to administer claims against the Debtors by
filing objections to claims in the Court.  The Plan proposes the
creation of an oversight committee, comprised of four members
designated one each by White Oak, Hillair, the Seller Note
Constituents (as a collective group), and the UGHS Trustee, to
monitor the administration of the Plan by the Liquidating Trustee.
The Liquidating Trust will be funded with a Liquidating Trust
Reserve in the amount of $100,000 to be used by the Liquidating
Trustee to administer the Liquidating Trust.

The Plan effectuates the terms of a mediated settlement agreement
reached between the Debtors and the four largest creditors in these
cases: White Oak, Hillair, the Seller Entities, and the UGHS
Trustee.  Pursuant to the terms of the agreement, each of these
parties has agreed to support and vote in favor of confirming the
Plan.  The settlement requires the consolidation of the
Consolidated Debtors, payment of priority and administrative
claims, funding the Liquidating Trust Reserve in the amount of
$100,000, a $50,000 distribution to the other unsecured creditors
of the Consolidated Debtors, a $300,000 allocation to fund the TCSL
plan as required by the Cornerstone APA, and an agreed upon
division of the remaining funds.

The Disclosure Statement is available at:

          http://bankrupt.com/misc/txsb15-80399-351.pdf

As reported by the Troubled Company Reporter on May 5, 2017, the
Debtors previously filed a Chapter 11 plan of liquidation that
effectuates the terms of their settlement agreement with their four
largest creditors.  The settlement serves as the basic framework
for the structure of the plan and treatment of claims.  Under the
agreement, assets of the Debtors will be transferred to a
liquidating trust and the chief restructuring officer will become
the liquidating trustee.  The trust will be funded with $100,000 to
cover its administrative expenses.

                 About UGHS Senior Living Inc.

Based in Friendswood, Texas, UGHS Senior Living, Inc., and its
affiliates filed for Chapter 11 bankruptcy protection (Bankr. S.D.
Tex. Lead Case No. 15-80399) on Nov. 10, 2015.  The petition was
signed by Chad J. Shandler, chief restructuring officer.

UGHS estimated assets of less than $50,000 and liabilities of $1
million and $10 million.  TrinityCare Senior Living LLC, one of the
debtors, estimated assets of $1 million and $10 million and
liabilities of less than $500,000.

Judge Letitia Z. Paul presides over the cases.  John F Higgins, IV,
Esq., and Aaron James Power, Esq., at Porter Hedges LLP serve as
the Debtors' bankruptcy counsel.  The Debtors hired CohnReznick LLP
as their accountant.


VIA NIZA: Hearing on Disclosures Statement Set for July 11
----------------------------------------------------------
The Hon. Enrique S. Lamoutte Inclan of the U.S. Bankruptcy Court
for the District of Puerto Rico has scheduled for July 11, 2017, at
10:00 a.m. the hearing to consider the approval of Via Niza, Inc.'s
disclosure statement, referring to the Debtor's plan of
reorganization.

Objections to the Disclosure Statement must be filed not less than
14 days prior to the hearing.

As reported by the Troubled Company Reporter on April 28, 2017, the
Debtor filed the Disclosure Statement, which states that unsecured
creditors will receive nothing under the company's proposed Chapter
11 plan of reorganization.  The Plan identified two unsecured
creditors: Asociacion Cond. Metro Medical Center, which asserts a
claim of $6,248, and CRIM, which asserts a claim of $13,385 against
the company.

                      About Via Niza Inc.

Via Niza Inc., a corporation, owns a commercial property located at
Metro Medical Center Condominium.  The property is used as a
medical and patient treatment office for hematology and oncology
patients.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. P.R. Case No. 17-00215) on Jan. 18, 2017.  At the
time of the filing, the Debtor estimated assets and liabilities of
less than $1 million.  

Myrna L. Ruiz-Olmo, Esq., at MRO Attorneys at Law LLC is the
Debtor's bankruptcy counsel.  The Debtor hired Luis Cruz Lopez as
its accountant.


WAGLE LLC: Court Approves Plan Outline
--------------------------------------
The Hon. Carlota M. Bohm of the U.S. Bankruptcy Court for the
Western District of Pennsylvania has approved the amended small
business disclosure statement Wagle, LLC, filed on March 20, 2017.

As reported by the Troubled Company Reporter on March 29, 2017, the
Debtor filed with the Court an amended small business disclosure
statement to accompany its small business Chapter 11 plan dated
March 20, 2017, which proposes that Class 4 General Unsecured
Non-Tax Claims -- totaling $758,482.03 -- and General Unsecured Tax
Claims -- totaling $3,084.57 -- get a dividend of 2%.

                         About Wagle LLC

Wagle LLC, a locksmith, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Pa. Case No. 16-21169) on March 30,
2016.  The petition was signed by Patricia D. Wagle, member.

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

The case is assigned to Judge Carlota M. Bohm.  The Debtor is
represented by Francis E. Corbett, Esq.  

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


[*] Kroll Bond Rating Releases Report on Municipal Bondholders
--------------------------------------------------------------
Kroll Bond Rating Agency (KBRA) on May 16, 2017, disclosed that it
has released a public finance research report entitled "In
Bankruptcy Municipal Bondholders are Behind the Eight Ball".

As the restructuring process in Puerto Rico unfolds, there are a
number of developments that KBRA believes warrant comment.  These
issues have implications regarding Puerto Rico specifically and may
have ramifications for the wider municipal market as well.

Municipal creditors are increasingly being treated differently than
they have been in the past.  In recent high-profile municipal
bankruptcies and debt restructurings such as those of Detroit, and
in the developing process thus far in Puerto Rico, the framework
has taken on the character of corporate bankruptcies.  Municipal
bondholders are particularly vulnerable in this more adversarial,
zero-sum environment and it is among the reasons they are behind
the eight ball.

                 About Kroll Bond Rating Agency

KBRA is registered with the U.S. Securities and Exchange Commission
as a Nationally Recognized Statistical Rating Organization (NRSRO).
In addition, KBRA is recognized by the National Association of
Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).


[*] Sanjay Thapar Joins Kramer Levin's Leveraged Finance Group
--------------------------------------------------------------
Kramer Levin Naftalis & Frankel LLP on May 16, 2017, disclosed that
Sanjay Thapar has joined the firm as a partner in the Leveraged
Finance group.

Mr. Thapar focuses his practice primarily on leveraged finance and
capital market transactions providing loans to private
equity-backed companies.  He represents lead arrangers and senior
and junior lenders in domestic and international financing
transactions, including top-tier and mid-tier sponsor
acquisition/leveraged buyout financings, and refinancing and
recapitalization transactions, as well as workouts, debt
restructurings and debtor-in-possession financings.

Paul S. Pearlman, Managing Partner of Kramer Levin said, "Sanjay is
a great addition to our expanding leverage finance practice, and he
brings an exceptional reputation and a depth of experience that
will significantly enhance the services we provide to our
clients."

Mr. Thapar was welcomed to Kramer Levin by Richard E. Farley,
partner and chair of the firm's Leveraged Finance group, who was a
founding partner of the Paul Hastings leveraged finance practice
before joining Kramer Levin in March 2016.  "I am delighted to have
the opportunity to work closely with Sanjay again," said Mr.
Farley.  "His addition and relationships significantly enhance our
ability to service multibank private equity sponsored financings.
Sanjay is one of the most talented lawyers I know. Some of the
world's leading banks rely on Sanjay to help navigate major
international leveraged finance transactions."

"I am thrilled to be joining Kramer Levin," said Mr. Thapar.  "The
firm's expanding platform, which includes numerous experienced
partners and senior-level practitioners, offers broad support to my
practice and the service of complex multibank financings."

Prior to joining Paul Hastings, Mr. Thapar was a counsel at
Shearman & Sterling.

Kramer Levin's leveraged finance practice is distinguished by its
depth of experienced attorneys representing a large number of
lenders in the largest, most complicated transactions, including
multibank, multi-bidder private equity-sponsored leveraged buyout
financings and other acquisition financings; refinancings; dividend
recapitalizations; debt restructurings and workouts;
debtor-in-possession and exit financings; and debt tenders,
exchange offers and consent solicitations.

Mr. Thapar can be reached at:

         Sanjay Thapar
         Partner
         KRAMER LEVIN NAFTALIS & FRANKEL LLP
         New York
         Tel: (212) 715-9484
         Fax: (212) 715-8000
         E-mail: sthapar@kramerlevin.com

Kramer Levin Naftalis & Frankel LLP -- http://www.kramerlevin.com/
-- is a premier, full-service law firm with offices in New York,
Silicon Valley and Paris.  The firm represents Global 1000 and
emerging growth companies, institutions and individuals across a
broad range of industries.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000 or Nina Novak at 202-362-8552.

                   *** End of Transmission ***