TCR_Public/170615.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, June 15, 2017, Vol. 21, No. 165

                            Headlines

ABB/CON-CISE OPTICAL: Moody's Affirms B3 CFR, Alters Outlook to Neg
ALLIANCE HEALTHCARE: Moody's Affirms B1 Corporate Family Rating
AMPLIPHI BIOSCIENCES: Developing Therapies for MDR Infections
ANDERSON SHUMAKER: Can Access Associated Bank Cash Through June 23
APOLLO COMPANIES: Wants to Use Kabbage, et al.'s Cash Collateral

ASCENT RESOURCES: Moody's Affirms Ca-PD Probability Default Rating
BAY HARBOUR: Has Until Aug. 23 to File Plan & Disclosures
BEAR FIGUEROA: Court Denies Cash Collateral Use
BIND THERAPEUTICS: B.E. Fights Dismissal of Suit Against Regulators
BLACKRIDGE TECHNOLOGY: Joined 7th Annual LD Micro Conference

CAMBER ENERGY: Azar Appointed to Succeed Schnur as Interim CEO
CANNABIS SATIVA: Recurring Losses Raise Going Concern Doubt
CBAC GAMING: Moody's Affirms B3 CFR & Rates Secured Loans B3
CHANNEL TECHNOLOGIES: Wants Plan Exclusivity Extended to Aug. 18
CLEMENT CATTLE: Court Approves Settlement with Blackwoods

COMPOUNDING DOCS: Has Continued Cash Access Until Aug. 11
CORINTHIAN COLLEGES: Ends Suit With Shareholders, To Pay $2.25MM
CREEKSIDE VILLAGE: Taps Jones & Walden as Legal Counsel
DEXTERRA SURGICAL: PRIMECAP Mgt. Holds 4.3% Stake as of May 31
DIAMOND BRITE: Voluntary Chapter 11 Case Summary

DURON SYSTEMS: Case Summary & 20 Largest Unsecured Creditors
ELECTRONIC SERVICE: Wants Cash Access for 90 Days
ELECTRONIC SERVICE: Wants to Use Cash to Pay Prepetition Wages
ENVISAGE DEVELOPMENT: Taps LD Law Offices as Legal Counsel
FAMILY CHILD CARE: Court Sets June 22 Plan Filing Deadline

FIRST NBC BANK: Committee Taps Sternklar as Legal Counsel
FIRSTRAIN INC: Unsecureds to Recover 100% Under Plan
FRANCISCO JAYME: Monges' Claims Barred by Preclusion Principles
GARBER BROS.: Ch. 11 Conversion Okayed, Has Access to Cash
GENON ENERGY: Plan to Delever Balance Sheet by $1.75 Billion

GENON ENERGY: To Emerge as Stand-Alone Entity Owned by Noteholders
GOLDEN MARINA: Wants Aug. 22 Exclusive Solicitation Deadline
GRUDEN ACQUISITION: Moody's Rates New $470MM 1st Lien Loan B2
HAMMONDS TRANSPORTATION: Cash Use Has Interim Approval
HARBORVIEW TOWERS: Court Denies Confirmation of 2nd Amended Plan

HAREMU HOLDINGS: Wants to Use BB&T and U.S. Small Business' Cash
HILTZ WASTE: May Use Cash Collateral Until July 18
IDERA INC: Moody's Affirms B3 CFR & Rates 1st Lien Loans B2
INSTITUTE OF CARDIOVASCULAR: Has Until Aug. 14 to File Ch. 11 Plan
KEMET CORP: Projects Net Sales to Grow at 2.2% CAGR from 2017-2022

LABELLE TRADING: Case Summary & 2 Unsecured Creditors
MAJORCA ISLES: Unsecureds to Get Full Payment in Cash Plus Interest
MAMAMANCINI'S HOLDINGS: CEO Wolf Hikes Equity Stake to 20.7%
MAMAMANCINI'S HOLDINGS: President Holds 19.5% Equity Stake
MARSH SUPERMARKETS: Has $24M Deals for Sale of 26 Core Stores

MASSIMO'S CAFE: Voluntary Chapter 11 Case Summary
MILFORD CRAFT: Taps Fleischer Law as Legal Counsel
MOORINGS REGENCY: Taps Johnson Pope as Legal Counsel
MOTORWORLD INC: Trial Court Must Reconsider $1.4M Judgment
NORTHERN POWER: Berylson Master Reports 7.13% Stake as of June 5

NOVABAY PHARMACEUTICALS: Inks New Employment Agreement With CEO
NOVABAY PHARMACEUTICALS: Stockholders Elected Three Directors
ORIGINAL SOUPMAN: Files Chapter 11 Bankruptcy Protection
ORIGINAL SOUPMAN: Voluntary Chapter 11 Case Summary
P3 FOODS: Has Access to PNC's Cash Collateral Until July 11

PETROLEUM SPECIALTY: Case Summary & 4 Unsecured Creditors
RADIOLOGY SUPPORT: Backlogs Reduced; Further Cash Access Sought
S&S SCREW: Allowed Further Use of Cash Collateral Through July 6
SECURE POINT: Liquidity Constraints Raise Going Concern Doubt
SEGHO TRANS: Approved to Use Bank's Cash Collateral Until Aug. 22

STONE PROJECTS: May Use Cash Collateral Until Oct. 4
SUCCESS INC: Equity Holder to Invest at Least $300,000
SUMMIT INVESTMENT: Exclusive Plan Filing Period Moved to Sept. 28
SUNSET PARTNERS: May Use Cash Collateral Until July 25
T&L MOBILE: Taps David Schroeder as Legal Counsel

TABERNA PREFERRED: Noteholders Look Into Conduct of TP Management
TABERNA PREFERRED: Noteholders Ready to File Viable Plan
TABERNA PREFERRED: Noteholders Seek to Force Bankruptcy
TALLAHASSEE INDOOR: Ray MacInnes Tries to Block Disclosures OK
TERRACE MANOR: Discloses Appointment of Receiver in Latest Plan

TIDEWATER INC: BlackRock Reports 4.9% Stake as of May 31
TRANSGENOMIC INC: Obtains Approval of Merger with Precipio
TWIN MILLS: Taps Bankruptcy Advocates as Legal Counsel
VANGUARD NATURAL: Amended RSA Requires Plan Approval by July 18
VIDEO DISPLAY: Carr Riggs & Ingram Casts Going Concern Doubt

WELCH MANAGEMENT: Court Denies Okay of Plan Outline
WHAA LLC: Taps Margarit Kazaryan as Legal Counsel
WORLD IMPORTS: Asks Court to Approve Disclosure Statement
[^] Recent Small-Dollar & Individual Chapter 11 Filings

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ABB/CON-CISE OPTICAL: Moody's Affirms B3 CFR, Alters Outlook to Neg
-------------------------------------------------------------------
Moody's Investors Service changed ABB/CON-CISE Optical Group LLC's
(borrowing entity for ABB Optical Group) rating outlook to negative
from stable. At the same time, Moody's affirmed ABB Optical Group's
B3 CFR and B3-PD PDR and its Caa2 Second Lien Term Loan rating.
Moody's also downgraded the company's First Lien Term Loan B and
Revolver to B2 from B1. The downgrades of the first lien ratings
reflect the correction of a prior error. In the
June 1, 2016 rating action, the Loss Given Default model included
the wrong family recovery rate. The error has now been corrected,
and rating actions reflect this change.

The negative outlook reflects Moody's view that a key supplier's
decision to raise prices to distributors will affect ABB Optical
Group's profitability, which will impede deleveraging over the
coming year.

Ratings affirmed:

ABB/CON-CISE Optical Group LLC

Corporate Family Rating at B3

Probably of Default Rating at B3-PD

Senior Secured Second Lien Term Loan at Caa2 (LGD5)

Ratings downgraded:

ABB/CON-CISE Optical Group LLC

Senior Secured First Lien Term Loan B to B2 (LGD3) from B1 (LGD2)

Senior Secured First Lien Revolver to B2 (LGD3) from B1 (LGD2)

Rating outlook is negative

RATING RATIONALE

The B3 CFR reflects ABB Optical Group's very high financial
leverage, a financial policy that favors shareholders, limited but
still positive free cash flow, and significant intra-quarter
working capital needs. Risks associated with its narrow business
line, limited supplier diversity, and the competitive nature of the
contact lens distribution sector are also reflected in the rating.
The ratings are supported by a leading market position among US
distributors of soft contact lenses and good diversity across
customers and geographies. Moody's expects ABB Optical Group will
benefit from long term fundamentals of the optical industry, as
well as increased technological innovation within the contact lens
market. However, the company faces near term margin pressure from a
key supplier's decision to raise prices. If this supplier is
successful at selling more products directly, it could erode the
distributor business model.

The ratings could be downgraded if ABB Optical Group is not able to
offset profitability and margin pressure related to higher supplier
pricing, if debt/EBITDA does not approach 6x, or if liquidity
weakens. The ratings could be upgraded if ABB Optical Group
maintains its leading market position, expands margins and free
cash flow improves. If debt/EBITDA is reduced to and sustained
below 5x, Moody's could upgrade the ratings.

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

Headquartered in Coral Springs, Florida, ABB Optical Group is the
largest distributor of soft contact lenses in the United States.
ABB Optical Group also designs and manufactures customized contact
lenses. The company is privately owned by financial sponsor, New
Mountain Capital and generates roughly $1.3 billion in annual
revenues.


ALLIANCE HEALTHCARE: Moody's Affirms B1 Corporate Family Rating
---------------------------------------------------------------
Moody's Investors Service affirmed Alliance Healthcare Services
Inc.'s Corporate Family Rating at B1 and its Probability of Default
Rating at B2-PD. Moody's also affirmed the B1 ratings assigned to
the company's existing first lien credit facilities. The company's
Speculative Grade Liquidity rating was lowered to SGL-3 from SGL-2.
The rating outlook remains stable.

The affirmation of the B1 Corporate Family Rating follows from the
execution of a definitive merger agreement with Tahoe that will see
Tahoe acquire the outstanding minority interests in Alliance.
Moody's does not anticipate that the company will see any
meaningful change in total debt as a result of this transaction.

The downgrade of the company's Speculative Grade Liquidity rating
reflects the impact on the company's external funding sources now
that the company's $50 million revolving credit facility is a
current liability. Moody's still expects the company to maintain
positive free cash flow which ameliorates the current maturity of
its revolving credit facility.

The following ratings were affirmed:

Corporate Family Rating at B1

Senior secured revolver at B1(LGD3)

Senior secured term loan B at B1(LGD3)

Probability of Default Rating at B2-PD

The following rating was downgraded:

Speculative Grade Liquidity rating to SGL-3 from SGL-2

Rating Outlook: Stable

RATINGS RATIONALE

Alliance's B1 Corporate Family Rating reflects the company's small
size, challenging operating environment, and moderately high
financial leverage. Moody's expects that Alliance will continue to
be negatively impacted by a weak pricing environment. However,
actions taken to improve productivity as well as recent
acquisitions will offset these pressures will result in modest
earnings growth over the near to intermediate term. The rating is
supported by Alliance's unique business model of partnering with
hospitals, which temporarily shields the company from the direct
effect of changes in third party reimbursement. This model also
allows Alliance to expand, based on demand for services rather than
bearing the risk of opening brand new centers in advance of future
volume growth. Debt/EBITDA, adjusted for Moody's standard
adjustments is 4.7x and Moody's expects leverage to approach the
mid four times range in the next year due to modest earnings growth
and that free cash flow will be used to repay debt. Moody's also
does not expects any meaningful change in the company's financial
policies following Tahoe's acquisition of all outstanding shares of
Alliance.

The stable outlook reflects Moody's expectations that the company
ongoing initiatives, as well as earnings from strategic
acquisitions, will be able to mitigate any future negative pricing
pressure. The outlook also reflects Moody's expectations free cash
flow will fund growth investments and acquisitions of size and
scope similar to recent history and, in the absence of any suitable
targets, to reduce debt.

In view of the company's moderate size there is limited upward
rating pressure. Ratings could be upgraded if the company continues
to profitably grow scale and profits over time while sustaining
debt/EBITDA below 4 times.

Ratings could be downgraded if the company's financial policies
were to become more aggressive or if pricing pressures intensified
and offset the company's ongoing initiatives. Quantitatively
ratings could be downgraded if debt/EBITDA was sustained above 4.75
times.

Alliance HealthCare Services, Inc. headquartered in Irvine, CA, is
a national provider of outsourced healthcare services to hospitals
and providers. Alliance also operates freestanding outpatient
radiology, oncology and interventional services clinics, and
ambulatory surgical centers that are not owned by hospitals or
providers. As of March 31, 2017, Alliance operated 617 diagnostic
radiology, radiation therapy, and interventional radiology systems,
including 103 fixed-site radiology centers across the country, and
35 radiation therapy centers and SRS facilities with LTM revenues
in excess of $500 million. The company is currently majority owned
by Tahoe Investment Group Co., Ltd. ("Tahoe"). Tahoe and Alliance
have entered into an agreement whereby Tahoe will acquire the
remaining shares in Alliance, subject to customary conditions
including a shareholder vote.

The principal methodology used in these ratings was Business and
Consumer Service Industry published in October 2016.


AMPLIPHI BIOSCIENCES: Developing Therapies for MDR Infections
-------------------------------------------------------------
AmpliPhi Biosciences Corporation furnished to the Securities and
Exchange Commission a copy of a presentation that the Company used
at the 7th Annual LD Micro Invitational Conference on June 6, 2017.
The Presentation is entitled "Developing Bacteriophage Therapies
for Patients with Antibiotic-Resistant Infections".

AmpliPhi said it is developing therapies to treat
multidrug-resistant (MDR) infections, which is a major global
health treat.
According to the Company, resistant bacterial infections are
responsible for over 20,000 deaths per year in the U.S. alone,
citing sources from Pharmacy & Therapeutics 2015 and CDC 2014.

The Company also disclosed the following updates:

  * In May 2017, it completed an underwritten offering of common
    stock and warrants for approximately $9.1 million of net
    proceeds

  * After considering the recent fundraise, the Company expects
    existing cash resources to be sufficient to fund operations
    through mid-2018

  * The Company filed for $1.8 million in tax rebates from the
    Australian Government; expects receipt in mid-2017 subject to
    Australian tax authorities review

  * 8.7M common shares outstanding and 17.3M fully diluted as
    of June 1, 2017

  * Historically, partnerships have helped support development

The Presentation is available for free at:

                   https://is.gd/ZinxmF

                      About AmpliPhi

AmpliPhi Biosciences Corp. is a biotechnology company focused on
the discovery, development and commercialization of novel phage
therapeutics.  Its principal offices occupy 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 700 square feet of lab space in Richmond, Virginia,
5,000 square feet of lab space in Brookvale, Australia, and 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 March 31, 2017, Ampliphi
Biosciences had $14.30 million in total assets, $7.65 million in
total liabilities and $6.64 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.


ANDERSON SHUMAKER: Can Access Associated Bank Cash Through June 23
------------------------------------------------------------------
Judge Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois entered a fourth interim order
authorizing Anderson Shumaker Company to use the cash collateral of
Associated Bank, N.A., on an interim basis through June 23, 2017.
The Debtor is authorized to use cash collateral solely in
accordance with the third interim order and the approved budget.
The approved budget reflects total expenses of $276,865 during the
week ending June 2, 2017, $259,467 during the week ending June 9,
2017, $239,223 during the week ending June 16, 2017, $255,232
during the week ending June 23, 2017, and $274,723 during the week
ending June 30, 2017.

The Debtor is directed to maintain authorized cash collateral only
in accounts with Associated Bank.  However, the Debtor is
authorized to maintain no more than $10,000 in its account with
Forest Park National Bank & Trust Co., and directed to transfer
immediately any funds above such amount to the Debtor's operating
account maintained with Associated Bank.

The Debtor acknowledged its indebtedness and liability to
Associated Bank in the aggregate principal amount of at least
$11,086,103, as of the Petition Date, and as security for the
payment of the Debtor's obligations, Associated Bank has been
granted security interests in and liens upon the mortgaged
premises, and all or substantially all of the Debtor's tangible and
intangible personal property and assets.  As such, Associated Bank
holds a valid, duly perfected, first-priority liens upon and
security interest in and to all of the cash of the Debtor derived
from the Prepetition Liens to the extent of its prepetition liens.

Associated Bank is granted a replacement lien in the prepetition
collateral and in the postpetition property of the Debtor, of the
same nature and to the same extent and in the same priority it had
in the prepetition collateral and to the extent such liens and
security interests extend to the property.  Associated Bank is also
granted an additional continuing valid, binding, enforceable,
non-avoidable, and automatically perfected postpetition security
interest in and lien on all cash or cash equivalents of the
Debtor.

In addition, Associated Bank will be deemed to have an allowed
superpriority adequate protection claim to the extent that the
adequate protection lien will not adequately protect its interest
against the diminution in value of the prepetition collateral.

The replacement and adequate protection liens and superpriority
adequate protection claim will be subject to the Carve-Out, which
consists of: (a) the unpaid fees of the Clerk of the Bankruptcy
Court or District Court, and the U.S. Trustee; and (b) the
aggregate allowed unpaid fees and expenses payable to professional
persons retained pursuant to Court Order by the Committee in an
amount not to exceed $25,000.

In addition, the Debtor is directed, among other things, to:

   (a) furnish Associated Bank and the Committee with all financial
data and documents required under the Prepetition Loan Documents;

   (b) provide Associated Bank and the Committee with a weekly
actual-to-budget report for the prior week;

   (c) provide Associated Bank and the Committee with current
accounts receivable aging, inventory and accounts payable reports;

   (d) maintain and pay premiums for insurance to cover the
collateral from fire, theft, and water damage, and maintain the
collateral in good repair;

   (e)  make available to Associated Bank evidence of that which
constitutes its collateral or cash collateral;

   (f) timely file with the Court all monthly operating reports
required under the Code; and

   (g) permit Associated Bank to inspect the Debtor's books and
records.

The hearing to consider entry of a final order on the use of cash
collateral will take place on June 20, 2017, at 10:00 a.m.  The
objection deadline is June 20, 2017.

A full-text copy of the Fourth Interim Order, dated June 6, 2017,
is available at https://is.gd/OrnFUf

                    About Anderson Shumaker

Based in Chicago, Illinois, Anderson Shumaker Company provides open
die forgings and custom forgings in various shapes and finishes
using stainless steel, aluminum, carbon steel and various grades of
alloy steel.  

Anderson Shumaker filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 17-05206) on Feb. 23, 2017.  The petition was signed by
Richard J. Tribble, chief executive officer.  At the time of
filing, the Debtor had $1 million to $10 million in estimated
assets and $10 million to $50 million in estimated liabilities.

The case is assigned to Judge Donald R Cassling.

Scott R. Clar, Esq. and Brian P. Welch, Esq. at Crane, Heyman,
Simon, Welch & Clar serve as counsel to the Debtor.  RSM US LLP is
the Debtor's accountant.

U.S. Trustee Patrick S. Laying on March 9, 2017, appointed five
creditors to serve on an official committee of unsecured creditors.
The committee members are: (1) Electralloy, G.O. Carlson, Inc.;
(2) Carlson Tool & Manufacturing Corp.; (3) Progressive Steel
Treating, Inc.; (4) Haynes International, Inc.; and (5) Ellwood
Group.

Shelly A. DeRousse, Esq., Devon J. Eggert, Esq., Elizabeth L.
Janczak, Esq., and Trinitee G. Green, Esq., at Freeborn & Peters
LLP serve as counsel to the Committee.


APOLLO COMPANIES: Wants to Use Kabbage, et al.'s Cash Collateral
----------------------------------------------------------------
Apollo Companies Inc. asks for permission from the U.S. Bankruptcy
Court for the Southern District of Texas to use cash collateral.

The Debtor acknowledges that Kabbage, On Deck, and Forward
Financing may have a lien on the cash collateral.

The Debtor will use the cash collateral during the interim cash
collateral period to pay association dues, utilities and otherwise
maintain and protect the real property.

The Debtor tells the Court that it will suffer immediate and
irreparable harm if it is not authorized to use cash collateral to
fund the expenses.  If the Debtor is not allowed to use cash
collateral, it will be unable to operate and potentially cause harm
to the property.  Absent court authorization, the Debtor will not
be able to maintain and protect its property.  If the Debtor cannot
use cash collateral, it will be forced to cease operations.  By
contrast, granting authority will allow the Debtor's to maintain
operations and preserve the going concern value of its business
which will inure to the benefit of any secured creditors and all
other creditors.

As adequate protection, the Debtor proposes that the Creditors be
granted a replacement lien on the Debtor's receivables and the
Debtor's projected positive cash flow.

A copy of the Debtor's request is available at:

            http://bankrupt.com/misc/txsb17-80148-10.pdf

                         Apollo Companies

Headquartered in Alvin, Texas, Apollo Companies Inc., doing
business as Apollo Office Systems LLC, and doing business as
Southwest Office Systems -- www.http://apolloofficesystems.com--
is a growing company that sells and services all brands of copiers,
printers, scanners, faxes, wide format laser printers and any other
type of office machine.  Apollo is a family owned and has been in
the business for over 25 years.

Apollo Companies filed for Chapter 11 bankruptcy protection
(Bankr.
S.D. Tex. Case No. 17-80148) on May 5, 2017, estimating its assets
at between $500,000 and $1 million and liabilities at between $1
million and $10 million.  The petition was signed by Jeffrey Foley,
director.

Judge Marvin Isgur presides over the case.

William L Bennett, Esq., at the Law Office of William L. Bennett,
serves as the Debtor's bankruptcy counsel.


ASCENT RESOURCES: Moody's Affirms Ca-PD Probability Default Rating
------------------------------------------------------------------
Moody's Investors Service changed Ascent Resources -- Marcellus
LLC's (ARM) Probability of Default Rating (PDR) to Ca-PD/LD from
Ca-PD upon the expiration of the 30-day grace period following
Ascent's election not to make coupon payments on its term loans
that were due on May 8, 2017. Ascent's Ca Corporate Family Rating
(CFR), Ca senior secured first-lien term loan rating and C senior
secured second-lien term loan rating were affirmed. The outlook
remains negative. The "/LD" designation will be remain in place
until the company completes its formal restructuring or files for
bankruptcy, at which time the PDR will be downgraded to D-PD.

Affirmations:

Issuer: Ascent Resources -- Marcellus LLC

-- Probability of Default Rating, Affirmed Ca-PD/LD (/LD
    appended)

-- Corporate Family Rating, Affirmed Ca

-- Senior Secured First Lien Bank Credit Facility, Affirmed Ca
    (LGD3)

-- Senior Secured Second Lien Bank Credit Facility, Affirmed C
    (LGD5)

Outlook Actions:

Issuer: Ascent Resources -- Marcellus LLC

-- Outlook, Remains Negative

RATINGS RATIONALE

The Ca CFR reflects ARM's weak liquidity, very poor asset coverage,
high leverage, and Moody's view that the company's capital
structure is unsustainable. Poor cash flow generation has rendered
the company unable to simultaneously service debt and fund
maintenance level drilling. As a result, ARM has not drilled a well
since 2015, causing production to fall considerably. Accordingly,
Moody's views the company's ability to sustain itself beyond 2017
to be limited and the likelihood of debt restructuring or an
outright bankruptcy filing to be high.

ARM's liquidity profile is weak, given the company remains in
default under the terms of its first and second lien term loan
agreements. If the company is unable to negotiate a restructuring
with its lenders and the lenders are unwilling to extend the
forbearance agreement they entered earlier this month, ARM's debt
outstanding under the term loans would come due immediately.
Outstanding debt totals in excess of $1 billion, far exceeding the
$130 million of cash and $106 million of restricted cash ARM held
at March 31, 2017. The company has no revolving credit facility.

Ascent's first lien term loan is rated Ca, at the CFR level. While
Moody's Loss Given Default Methodology indicates a Caa3 rating for
the first lien term loan, the Ca rating on the first lien term
remains unchanged based on Moody's expectations for weak recovery
in the event of a bankruptcy filing or out of court restructuring.

The negative outlook reflects the high degree of uncertainty around
ARM's ability to shore up liquidity, the possibility of weaker than
expected recovery, and the risk of further credit deterioration.
Moody's will downgrade the CFR if the company files for bankruptcy
protection or reorganizes out of court under terms that provide for
a worse than expected overallextremely weak recovery. An upgrade is
unlikely; however, if the company can stabilize production,
generate EBITDAX to interest coverage above 1.0x and strengthen
liquidity to a level Moody's would deem adequate, an upgrade could
be considered.

Ascent Resources - Marcellus, LLC is a privately-owned independent
E&P company headquartered in Oklahoma City, Oklahoma. The company's
operations are concentrated in the southern Marcellus Shale in
northern West Virginia.

The principal methodology used in these ratings was Independent
Exploration and Production Industry published in May 2017.


BAY HARBOUR: Has Until Aug. 23 to File Plan & Disclosures
---------------------------------------------------------
The Hon. K. Rodney May of the U.S. Bankruptcy Court for the Middle
District of Florida has given Bay Harbour Homes, LLC, until Aug.
23, 2017, to file a plan and disclosure statement.

Headquartered in Tampa, Florida, Bay Harbour Homes, LLC, filed for
Chapter 11 bankruptcy protection (Bankr. M.D. Fla. Case No.
17-03805) on May 1, 2017, estimating its assets at up to $50,000
and its liabilities at between $50,001 and $100,000.  Leon A.
Williamson, Jr., Esq., at Leon A. Williamson, Jr., P.A., serves as
the Debtor's bankruptcy counsel.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Bay Harbour Homes, LLC, as of
June 7, according to a court docket.


BEAR FIGUEROA: Court Denies Cash Collateral Use
-----------------------------------------------
Judge Vincent P. Zurzolo of the U.S. Bankruptcy Court for the
Central District of California denied a motion filed by Bear
Figueroa LLC seeking, among other things, for authorization to use
cash collateral.  A hearing was held on May 25, 2017.  The affected
lien holder, the Evergreen Advantage, opposed approval of the
Motion.

                      About Bear Figueroa

Headquartered in Culver City, California, Bear Figueroa LLC owns a
property located at 10520 South Figueroa Boulevard, Los Angeles,
California 90003, valued at $2.9 million.  For 2016, it recorded
gross revenue of $265,000 compared to gross revenue of $250,000
during the prior year.

Bear Figueroa filed for Chapter 11 bankruptcy protection (Bankr.
C.D. Cal. Case No. 17-14249) on April 6, 2017, listing $2.9 million
in total assets and $1.93 million in total liabilities.  The
petition was signed by Denise Johnson, managing member.

Judge Vincent P. Zurzolo presides over the case.

Lionel E Giron, Esq., at the Law Offices of Lionel E. Giron, serves
as the Debtor's bankruptcy counsel.

No creditors' committee has been appointed by the United States
Trustee.


BIND THERAPEUTICS: B.E. Fights Dismissal of Suit Against Regulators
-------------------------------------------------------------------
Rick Archer, writing for Bankruptcy Law360, reports that B.E.
Capital Management Fund LP has fought an attempt by the Financial
Industry Regulatory Authority and the Depository Trust Co. to
dismiss a class action claiming they sent money to the wrong
shareholders in Bind Therapeutics Inc.

A Delaware judge's approval of the bankruptcy plan does not absolve
the Regulators of their duties, Law360 relates, citing B.E.
Capital.  Law360 recalls that B.E. Capital filed a lawsuit against
the Regulators in March 2017 for allegedly breaking their own
rules.

According to Law360, B.E. Capital argued that the Regulators' claim
that the Debtor's bankruptcy plan tied their hands on what
investors were eligible for distributions isn't borne out by their
actions, that their relief can still be paid despite the
cancelation of the stock in question and that their claims of
immunity don't hold up.

                      About BIND Therapeutics

BIND Therapeutics is a biotechnology company developing novel
targeted therapeutics, primarily for the treatment of cancer.  BIND
Therapeutics, Inc., aka BIND Biosciences, Inc., and BIND
Biosciences Security Corporation filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Case Nos. 16-11084 and 16-11085) on
May 1, 2016.

Peter M. Gilhuly, Esq., Kimberly A. Posin, Esq., and Adam E.
Malatesta, Esq., at Latham & Watkins LLP, and John Henry Knight,
Esq., and Amanda R. Steele, Esq., at Richards, Layton & Finger,
P.A., serve as Chapter 11 counsel.

The Debtors' financial advisor is Cowen and Company, LLC.  Prime
Clerk LLC serves as claims and noticing agent.  In its petition,
the Debtors estimated $10 million to $50 million in both assets and
liabilities.

The petitions were signed by Andrew Hircsh, president and chief
executive officer.


BLACKRIDGE TECHNOLOGY: Joined 7th Annual LD Micro Conference
------------------------------------------------------------
BlackRidge Technology International, Inc., presented at the 7th
Annual LD Micro Invitational conference.  BlackRidge's presentation
was led by CEO Bob Graham and CFO John Bluher, who also met with
investors.

BlackRidge supports numerous industries with its identity-based
cyber defense, which stop cyber-attacks and block unauthenticated
access at the earliest possible time, on the first packet before
network sessions are established.  The technology provides the
equivalent of secure caller ID for the network, allowing only
identified and authorized users or devices access to enterprise and
cloud systems.

The two-day conference at the Luxe Sunset Bel Air Hotel in Los
Angeles featured 180 companies in the small / micro-cap space.

"This year, not only do we have a record number of companies making
their LD Micro debuts, but a record number of companies presenting
for the first time in their company's history," said Chris Lahiji,
president of LD Micro.  "LD has established itself as the one venue
that brings the most influential players from all segments of the
market under one roof."

For a complete schedule of presenters and other conference
information, visit http://www.ldmicro.com/events

                  About BlackRidge Technology

BlackRidge Technology, formerly known as Grote Molen, Inc.,
provides a next generation cyber defense solution that stops
cyber-attacks and blocks unauthenticated access.  The Company's
patented First Packet Authentication technology was developed for
the military to cloak and protect servers and segment networks.
BlackRidge Transport Access Control authenticates user and device
identity and enforces security policy on the first packet of
network sessions.  This new level of real-time protection blocks or
redirects unidentified and unauthorized traffic to stop attacks and
unauthorized access, isolates systems and segments networks, and
provides identity attribution.  BlackRidge was founded in 2010 to
commercialize its military-grade and patented network security
technology.  For more information, visit www.blackridge.us.

Grote Molen reported a net loss of $259,447 on $1.01 million of
total revenues for the year ended Dec. 31, 2016, compared to a net
loss of $52,120 on $1.53 million of total revenues for the year
ended in 2015.  As of March 31, 2017, Grote Molen had $8.37 million
in total assets, $21.17 million in total liabilities, and a total
stockholders' deficit of $12.80 million.

Pritchett, Siler & Hardy, P.C., issued a "going concern"
qualification on the consolidated financial statements for the year
ended Dec. 31, 2016, stating that the Company has incurred losses
and negative cash flows from operations.  These factors raise
substantial doubt about the ability of the Company to continue as a
going concern.


CAMBER ENERGY: Azar Appointed to Succeed Schnur as Interim CEO
--------------------------------------------------------------
Anthony C. Schnur has resigned as chief executive officer and as a
member of the Board of Directors of Camber Energy, Inc.  Effective
June 2, 2017, the Board has named current board member, Mr. Richard
N. Azar II as interim chief executive officer.

In connection his departure, Mr. Schnur entered into a Severance
Agreement and Release with the Company whereby (i) his employment
agreement with the Company was terminated, (ii) he entered into a
mutual release with the Company; (iii) he was granted 120,000
shares of unregistered common stock (to be issued in installments
of 10,000 per month) and a monthly cash payment of $14,000 for
twelve months; and (iv) he was granted reimbursement of the payment
of his COBRA premiums through (a) the one year anniversary of the
termination or (b) until he is eligible to participate in the
health insurance plan of another employer, whichever is sooner, and
provided that the amount of such health benefits shall reduce his
monthly cash payment.

The Company also appointed Mr. Robert Schleizer as interim chief
financial officer.  Mr. Schleizer has over 30 years of financial
and operational experience serving private and public companies in
financial and organizational structuring, crisis management,
acquisitions and divestitures, and equity and debt financings
across multiple industries.  He is a co-founder of BlackBriar
Advisors, LLC, a business renewal and acceleration firm, where he
has served as managing partner since 2010.  Prior to BlackBriar,
Mr. Schleizer provided restructuring and refinancing financial
advisory services as a managing director for BBK and as a partner
at Tatum LLC.  He holds a Bachelor of Science in Accounting from
Arizona State University and is a Certified Insolvency
Restructuring Advisor and Certified Turnaround Professional.

As previously reported, the Company is actively engaged in the
process of implementing a cost reduction program to significantly
reduce overall general and administrative costs.  Camber Energy
continues to progress its plan to comply with lender obligations
and to return the Company to positive cash flow generation.  By
taking these proactive steps, Camber Energy intends to effect
meaningful change to improve its financial performance and enhance
its liquidity and capital resources.

"On behalf of the Board, we would like to thank Tony for his
leadership and wish him the best in his future endeavors," said Mr.
Fred S. Zeidman, chairman of Camber Energy.  "We would also like to
thank Messrs. Azar and Schleizer for stepping in on an interim
basis to quickly deliver on our financial improvement initiatives
while working to strengthen our Company, drive cash flow and create
value for our shareholders.  Camber's Board and management team are
committed to taking immediate and rapid action to streamline the
Company, which is consistent with its new strategic plan to improve
its capital structure and business model."

                    About Camber Energy

Based in Houston, Texas, Camber Energy (NYSE MKT: CEI) is a
growth-oriented, independent oil and gas company engaged in the
development of crude oil and natural gas in the Austin Chalk and
Eagle Ford formations in south Texas, the Permian Basin in west
Texas, and the Hunton formation in central Oklahoma.

Lucas Energy changed its name to Camber Energy, Inc., effective
Jan. 5, 2017, to more accurately reflect the Company's strategic
shift from its Austin Chalk and Eagleford roots to an expanding
addition of shallow oil and gas reserves with longer-lived,
lower-risk production profiles.

Lucas Energy reported a net loss of $25.4 million for the year
ended March 31, 2016, compared to a net loss of $5.12 million for
the year ended March 31, 2015.  As of Dec. 31, 2016, Camber Energy
had $71.34 million in total assets, $49.12 million in total
liabilities and $22.21 million in total stockholders' equity.

Hein & Associates LLP, in Houston, Texas, issued a "going concern"
qualification on the consolidated financial statements for the year
ended March 31, 2016, citing that the Company has incurred
significant losses from operations and had a working capital
deficit of $9.6 million at March 31, 2015.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


CANNABIS SATIVA: Recurring Losses Raise Going Concern Doubt
-----------------------------------------------------------
Cannabis Sativa, Inc., filed its quarterly report on Form 10-Q/A,
disclosing a net loss of $2.03 million on $1,065 of revenues for
the three months ended March 31, 2017, compared with a net loss of
$321,475 on $2,023 of revenues for the same period in 2016.  

The Company's balance sheet at March 31, 2017, showed $4.14 million
in total assets, $721,339 in total liabilities, all current, and a
stockholders' equity of $3.42 million.

The Company has negative working capital, has incurred operating
losses since inception, and has not yet produced significant
continuing revenues from operations.  These factors raise
substantial doubt about the Company’s ability to continue as a
going concern.

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

                        http://bit.ly/2sU3dES

Headquartered in Mesquite, Nev., Cannabis Sativa, Inc., develops
and promotes natural cannabis products. The Company is engaged in
the research, development and licensing of natural cannabis
products, including cannabis formulas, edibles, topicals, strains,
recipes and delivery systems.



CBAC GAMING: Moody's Affirms B3 CFR & Rates Secured Loans B3
------------------------------------------------------------
Moody's Investors Service affirmed CBAC Gaming LLC's B3 Corporate
Family Rating, upgraded the Probability of Default Rating to B3-PD,
and assigned a B3 rating to the company's proposed five-year senior
secured revolving credit facility and seven-year senior secured
term loan. Moody's views the new credit facilities as covenant
lite, so pursuant to Moody's Loss Given Default Methodology, the
family recovery rate will be revised from 65% to 50% resulting in
the change in the PDR rating. The B3 ratings on the existing
facilities are unchanged and will be withdrawn upon closing.

The proceeds of the term loan coupled with cash on hand will be
used to repay CBAC's existing term loan and FF&E loan, cover fees,
premiums and other transaction expenses. "The affirmation reflects
CBAC's above average leverage for the B3 CFR, and competitive
pressure from new supply that entered the Maryland market in
December 2016. These risks are partially offset by improved
coverage of interest and good liquidity," said Moody's analyst
Peggy Holloway. The refinancing will result in a significant
reduction in interest expense (approximately $13 million) and
improvement in EBIT/Interest to 1.4x from 1.1x. Moody's estimates
that EBITDA will decline in 2017 as the Baltimore to DC market
absorbs the 45% increase in gaming positions. As a result, Moody's
expects lease adjusted debt/EBITDA will approximate 6.5x at
year-end 2017, up from 6.0x at 12/31/16.

The proposed term loan and revolver are guaranteed on a senior
secured basis by each wholly owned domestic subsidiary of the
Borrower and secured by a first priority interest in all domestic
tangible and intangible assets (including capital stock of
subsidiaries) of CBAC and the guarantors (subject to customary
exceptions). A mortgage on the garage secures the garage portion of
the financing. Beginning in 2018, the term loan is subject to a
mandatory prepayment from 50% of excess cash while net first lien
leverage is above 3.5x with step-downs to 0% based on leverage.

Issuer: CBAC Gaming, LLC

Ratings assigned:

Assignments:

-- Senior Secured Term Loan, Assigned B3 (LGD3)

-- Senior Secured Revolving Credit Facility, Assigned B3 (LGD3)

Affirmations:

-- Corporate Family Rating, Affirmed B3

Upgrades:

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

Outlook Actions:

-- Outlook, Remains Stable

RATINGS RATIONALE

CBAC's B3 Corporate Family Rating (CFR) reflects the company's
small, geographically concentrated gaming operations, high
debt/EBITDA relative to its scale of operations and competition
from new supply (MGM's National Harbor casino opened in December
2016) and an expansion at Maryland Live, its closest competitor.
Positive rating consideration is given to the population density
and above average median household income of the Washington D.C. to
Baltimore area that should enable the market to eventually absorb
the new supply. Additionally, the company is expected to generate
sufficient cash flow to support maintenance capex and cash interest
needs and it has access to a $15 million revolving credit facility
for alternate liquidity.

The stable rating outlook reflects Moody's view that in 2017 CBAC
can absorb the earnings hit from new supply and will resume modest
EBITDA growth in 2018.

CBAC's ratings could be upgraded if the company can reduce and
maintain debt/EBITDA around 5.25x and improve EBIT/Interest near
1.5x, on a Moody's adjusted basis. CBAC's ratings could be
downgraded if same store gaming revenues in the Maryland market
shows sustained deterioration, if debt/EBITDA increases above 6.5x
or if liquidity weakens.

The principal methodology used in these ratings was Global Gaming
Industry published in June 2014.

CBAC Gaming, LLC (CBAC) is a joint venture between Caesars Growth
Partners, LLC, Rock Gaming, Caves Valley Partners, STRON-MD and PRT
Two. Caesars Growth Partners, LLC is owned by Caesars Acquisition
Co and Caesars Entertainment Co. CBAC developed and opened the
Horseshoe Baltimore casino in Baltimore, MD on August 26, 2014.
Horseshoe Baltimore features over 2,200 slot machines, including
150 video poker machines, a 25-table WSOP Poker Room and over 150
table games. Caesars Growth Partners, LLC, indirectly owns 41% of
the property and CEOC manages the property.


CHANNEL TECHNOLOGIES: Wants Plan Exclusivity Extended to Aug. 18
----------------------------------------------------------------
Channel Technologies Group, LLC, asks the U.S. Bankruptcy Court for
the Central District of California to extend the time periods
during which the Debtor has the exclusive right to file a chapter
11 plan and to solicit acceptances of the plan, for no less than
two additional months, to and through including Aug. 18, 2017, and
Oct. 17, 2017, respectively.

The Debtor's statutory exclusive period to file a plan expires on
June 19, 2017, and the exclusive period to obtain acceptance of
such plan expires on Aug. 18, 2017.  

The Debtor tells the Court that it has continued making steady
progress in this case, including, most recently, obtaining Court
approval for, and closing, sales related to the Debtor's ceramics
business and transducer designing/manufacturing business,
respectively.  During the last two months, the Debtor has also
rejected its interest in any remaining executory contracts,
completed the abandonment of other estate assets with Court
approval and continued the diligent wind-down of its remaining
affairs.  Moreover, at a status conference held on May 3, 2017, the
Court concluded that it was appropriate to determine the nature,
scope and classification of claims filed against the estate.  Thus,
the Court entered an order setting July 14, 2017, as the deadline
for filing proofs of claim and requests for payment of
administrative expenses, other than professional fees.  

The Debtor believes that it would not be cost-effective to file a
plan until the claims bar date has passed and the Debtor has had an
opportunity to review the claims filed against the estate.  Thus,
while the Debtor has been expeditiously acting for the benefit of
the estate and its creditors, the Debtor is not yet in a position
to proceed with a plan.  The Debtor says that the request for a
further extension of the exclusivity period to Aug. 18, 2017, is
appropriate as it will provide the Debtor with the necessary time
to review and analyze the filed proofs of claim and requests for
administrative expenses prior to formulating a plan.  Further
extending the plan exclusivity periods will benefit the estate and
its creditors by allowing the Debtor reasonable, additional time to
make the determination for the best outcome for creditors.  The
Debtor states that if it hastily prepared and prematurely proceeded
with a Chapter 11 plan, as well as a supporting disclosure
statement, without due analysis and sufficient information,
professional fees and administrative claims would potentially be
unnecessarily incurred.  

The Debtor believes it needs a two-month extension to carefully
make its decisions regarding a plan and the content of an
accompanying disclosure statement in order to optimize value and
recovery for the estate.

                 About Channel Technologies Group

Headquartered in Santa Barbara, California, Channel Technologies
Group, LLC, designs and manufactures piezoelectric ceramics,
transducers, sonar equipment and other related products sold
primarily to military, commercial, and industrial customers in the
United States and internationally.

CTG is a privately owned California limited liability company
founded in 1959.  In 2011, CTG was acquired by BW Piezo Holdings,
LLC, a Delaware limited liability company, from Alta Properties,
Inc., f.k.a. Channel Technologies, Inc. BWP now owns 100% of CTG's
member interests. BWP is majority-owned by Blue Wolf Capital Fund
II, L.P. (the Company's pre-petition lender), which is an
investment fund managed by Blue Wolf Capital Advisors, L.P. CTG is
a member-managed LLC. Charles Miller is the manager.

CTG filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
16-11912) on Oct. 14, 2016.  The case is assigned to Judge Peter
Carroll.

The Debtor estimated $10 million to $50 million in assets and
debt.

The Debtor has engaged Jeffrey W. Dulberg, Esq., at Pachulski Stang
Ziehl & Jones LLP as bankruptcy counsel; Fernald Law Group LLP as
special counsel; CR3 Partners, LLC, as restructuring advisor; and
Prime Clerk LLC as noticing, claims and balloting agent.

On April 7, 2017, the U.S. Trustee appointed three creditors to
serve in the Official Committee of Unsecured Creditors in the
Debtor's case.


CLEMENT CATTLE: Court Approves Settlement with Blackwoods
---------------------------------------------------------
Judge Robert L. Jones of the U.S. Bankruptcy Court for the Northern
District of Texas approved the compromise settlement agreement
between trustee Harvey Morton and David and Sharon Blackwood,
judgment creditors of Clement Cattle Co., LLC.

The trustee and the Blackwoods have asked the Court to approve a
settlement that they have reached.  A group of creditors opposed
the settlement, however.  The disputes here -- first, as between
the trustee and the Blackwoods that is resolved by the proposed
settlement; and, now, as between them and the parties that have
objected to the settlement -- concern the trustee's attempts to
sell a 340-acre tract to Robert Soukup.  The objecting parties are
Kyle Clement, Valerie Clement, Mike Tinnin, and Annie Tinnin. The
Clements are members of Clement Cattle and the Tinnins are asserted
creditors of Clement Cattle.

The parties have stipulated that proper and adequate notice of the
sale to Soukup has been provided and that the $580,000 sales price
represents fair value of the property and that the terms of the
sale were reached in an arms-length deal. The Blackwoods agree to
withdraw their objections to the sale that had been raised in the
trustee's prior-proposed sale to Soukup and, in return, the trustee
agrees to dismiss the debtor's appeal of the state court judgment.
The Blackwoods' claim of $1,076,868.79 will be allowed as an
unsecured claim.

Under the compromise, the Blackwoods are formally authorized, at
their expense, to object to proofs of claim, though they must file
such objections within fourteen days of the closing of the sale of
the 340 acres. The trustee identified four claims to which
objections may need to be filed: claims 3 and 9, both filed by
Robert Mark Peavy and Kimberly W. Peavy, appear to be duplicate
claims; claims 2 and 8, both filed by Michael Tinnin, one of the
objecting parties here, likewise raise legitimate questions.

The Clements and Tinnins complain that the Blackwoods are the only
parties that benefit from the compromise. They submit that the
state court appeal can proceed on the estate's behalf without great
expense, that the trustee has a right to sell the 340 acres without
the settlement, and that the Blackwoods' counter proposal (the
credit bid and payment) would have been a better deal.

The trustee testified that dismissal of the appeal and allowance of
the Blackwoods' claim will save the time and expense involved with
continuing to litigate the issues on appeal. It will thus mostly
resolve this bankruptcy case that has now been pending for over two
years. The estate also avoids the costs of potential claims
objections.

Considering the facts of the case, Judge Jones finds that the
trustee has adequately justified the compromise.

In reaching this conclusion, Judge Jones discounts the arguments
raised by the Clements and Tinnins. First, even assuming that the
trustee can sell the property without the Blackwoods' agreement,
there is no indication that the Blackwoods' claim would thereby go
away as would have happened, apparently, under their counter
proposal. The Blackwoods' claim is by far the largest claim in the
case. As for the counter proposal that incorporates the credit bid,
such proposal, simply stated, is not presently before the Court.
And, more important, there is no reason to believe that the
Blackwoods would agree to subordinate their claim if the property
were sold over their objection.

Judge Jones, thus, rules that the compromise should help bring this
case to conclusion in a way that is compatible with the best
interests of all parties in interest.

The bankruptcy case is IN RE: CLEMENT CATTLE CO., LLC, Debtor, Case
No. 15-10072-RLJ-11 (Bankr. N.D. Tex.)

A copy of Judge Jones order is available at:

    https://is.gd/A77P1n from Leagle.com

Clement Cattle Co., LLC, Debtor, represented by Charles Dick
Harris, Law Office of Dick Harris, PC & Harvey Leon Morton, Law
Office of Harvey L. Morton.


COMPOUNDING DOCS: Has Continued Cash Access Until Aug. 11
---------------------------------------------------------
Judge Erik P. Kimball of the U.S. Bankruptcy Court for the Southern
District of Florida signed a seventh interim agreed order
authorizing Compounding Docs, Inc., to use the cash collateral for
the line items detailed in the Budget until Aug. 11, 2017, subject
to a 10% line item variance.

Judge Kimball directed the Debtor to pay Regent Bank, f/k/a Regent
Bank minimum monthly adequate protection payments in the amount of
$6,000 due on June 1, 2017, July 1, 2017 and Aug. 1, 2017.

Judge Kimball also confirmed the grant, assignment and pledge by
the Debtor to Regent Bank of a postpetition security interest and
lien, of the same validity, extent and priority as Regent Bank's
prepetition security interests, in the prepetition collateral in
and to: (a) all proceeds from the disposition of any of the cash
collateral, and (b) any and all of its goods, property, assets and
interests in property in which Regent Bank held a lien or security
interest prior to the petition date, whether now existing and/or
owned and hereafter arising and/or acquired and wherever located by
the Debtor, and proceeds thereof.

A full-text copy of the Seventh Interim Agreed Order dated June 8,
2017 is available at https://is.gd/DGLgoC

                    About Compounding Docs

Compounding Docs, Inc., sought for protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 16-25312) on Nov.
15, 2016.  The petition was signed by Dr. Charles Robertson,
director.  At the time of the filing, the Debtor estimated $100,000
to $500,000 in assets and $1 million to $10 million in estimated
liabilities.

The case is assigned to Judge Erik P. Kimball.

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

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


CORINTHIAN COLLEGES: Ends Suit With Shareholders, To Pay $2.25MM
----------------------------------------------------------------
Ryan Boysen, writing for Bankruptcy Law360, reports that Corinthian
Colleges Inc. have reached a $2.25 million deal with a proposed
class of shareholders led by Jimmy Elias Karam in California
federal court, to settle claims that the Debtor misled investors
for years before state and federal probes led to its collapse.

According to Law360, the Debtor is accused in dozens of lawsuits of
preying on vulnerable students by lying about its post-graduation
job placement rates.  The investors, Law360 shares, had said that
the Debtor, its board and its senior management covered up the
operator's allegedly fraudulent business model between 2007 and
2010, enticing investors to buy shares in the education giant.  

Law360 relates that the settlement would establish a fund of $2.25
million plus interest to be distributed among investors who
purchased Corinthian shares between 2007 and 2010.  According to
the report, attorneys' fees will be deducted from that figure, and
the investors have also asked for certification of the proposed
class for settlement purposes.

                  About Corinthian Colleges

Corinthian Colleges, Inc., et al., were founded in February 1995
and through acquisitions became one of the largest for-profit
post-secondary education companies in the U.S. and Canada.  In
January 2010, Corinthian purchased Heald Capital LLC, which
operated Heald College, a 150 year-old regionally-accredited
institution with 12 campuses.

Corinthian Colleges, Pegasus Education, Inc., and 23 affiliated
entities filed voluntary Chapter 11 petitions (Bankr. D. Del. Lead
Case No. 15-10952) on May 4, 2015, to complete an orderly wind
down of operations.  The cases are jointly administered under Case
No. 15-10952.  Judge Kevin J. Carey presides over the case.  

Corinthian Colleges, Inc., disclosed $721,596,789 in assets and
$2,929,448,278 in liabilities as of the Chapter 11 filing.

The Debtors tapped Richards, Layton & Finger, P.A., as counsel;
FTI Consulting, Inc., as restructuring advisors;
PricewaterhouseCoopers, LLC, as tax advisors; and Rust
Consulting/Omni Bankruptcy as claims and noticing agent.

The U.S. Trustee for Region 3 formed an Official Committee of
Unsecured Creditors and an Official Committee of Student
Creditors. The Creditors Committee retained Brown Rudnick LLP and
Rosner Law Group as attorneys.  The Student Committee tapped
Robins Kaplan LLP and Poslinelli PC as attorneys.

                         *     *     *

The Debtors closed each of their campus locations effective as of
April 27, 2015, and immediately began the process of liquidating
their assets and winding down operations.

The effective date of the Debtors' Third Amended and Modified
Combined Disclosure Statement and Chapter 11 Plan of Liquidation
was Sept. 21, 2015.


CREEKSIDE VILLAGE: Taps Jones & Walden as Legal Counsel
-------------------------------------------------------
Creekside Village Development Group, Inc. seeks approval from the
U.S. Bankruptcy Court for the Northern District of Georgia to hire
legal counsel in connection with its Chapter 11 case.

The Debtor proposes to hire Jones & Walden, LLC to, among other
things, give legal advice regarding its duties under the Bankruptcy
Code, conduct examination, and represent it with respect to a
bankruptcy plan.

The hourly rates charged by the firm range from $200 to $350 per
hour for attorneys, and $50 to $100 per hour for legal assistants.

As of the petition date, Jones & Walden holds a retainer in the
amount of $25,000.

Leon Jones, Esq., a partner at Jones & Walden, disclosed in a court
filing that the firm does not hold or represent any interest
adverse to the Debtor or its bankruptcy estate.

The firm can be reached through:

     Leon S. Jones, Esq.
     Jones & Walden, LLC
     21 Eighth Street, NE
     Atlanta, GA 30309
     Phone: (404) 564-9300
     Email: ljones@joneswalden.com

           About Creekside Village Development Group

Founded in 2013, Creekside Village Development Group Inc. is a
small organization in the business services industry.  Its
principal assets are located at 4840 Hanson Road, Smyrna, Georgia.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ga. Case No. 17-59992) on June 5, 2017.  Jason
Lewis, chief executive officer, signed the petition.  

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


DEXTERRA SURGICAL: PRIMECAP Mgt. Holds 4.3% Stake as of May 31
--------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, PRIMECAP Management Company disclosed that as of
May 31, 2017, it beneficially owns 600,450 shares of common stock
of Dextera Surgical Inc. representing 4.30 percent of the shares
outstanding.  A full-text copy of the regulatory filing is
available for free at https://is.gd/obZS5f

                   About Dextera Surgical

Dextera Surgical (Nasdaq:DXTR) designs and manufactures proprietary
stapling devices for minimally invasive surgical procedures.
Dextera Surgical also markets automated anastomosis devices for
coronary artery bypass graft (CABG) surgery on the market today:
the C-Port Distal Anastomosis Systems and PAS-Port Proximal
Anastomosis System.  These products are sold by Dextera Surgical
under the Cardica brand name.

Dextera reported a net loss of $15.98 million for the fiscal year
ended June 30, 2016, following a net loss of $19.18 million for the
year ended June 30, 2016.  

As of March 31, 2017, Dexterra had $5.79 million in total assets,
$9.64 million in total liabilities and a total stockholders'
deficit of $3.85 million.

BDO USA, LLP, in San Jose, California, 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.


DIAMOND BRITE: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: Diamond Brite Enterprises, LLC.
        18403 Rim Drive
        San Antonio, TX 78257

Business Description: Diamond Brite --
                      http://www.diamondbritecarcare.com-- is a
                      full service car wash and oil & lube
                      services provider in San Antonio Texas.

Chapter 11 Petition Date: June 13, 2017

Case No.: 17-51391

Court: United States Bankruptcy Court
       Western District of Texas (San Antonio)

Judge: Hon. Craig A. Gargotta

Debtor's Counsel: Dean William Greer, Esq.
                  DEAN W. GREER
                  2929 Mossrock, Suite 117
                  San Antonio, TX 78230
                  Tel: 210-342-7100
                  Fax: 210-342-3633
                  E-mail: dwgreer@sbcglobal.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Andrew L. Foster, manager.

The Debtor did not file a 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/txwb17-51391.pdf


DURON SYSTEMS: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Duron Systems, Inc.
          aka Duron Systems
        9110 Taub Road
        Houston, TX 77064

Business Description: Established in 1980, Duron Systems --
                      http://www.duronsystems.com-- is an oil and
                      gas fabrication facility located in Houston,
                      Texas.  The Company offers turnkey project
                      management solutions to meet its customers'
                      ever-increasing demands.  Duron features its
                      own pull test facilities up to 100,000 Lbs.,

                      stress relieving and hydro-testing
                      equipment, and 24-hour operations.  Its
                      fabrication and cladding weld procedures are
                      qualified to AWS, ASME, DNV, ABS, API, NACE,
                      and specific customer requirements.  As the
                      only AWS certified fabricator in Houston,
                      the Company also maintains an ISO Compliant
                      Process Management System.

Chapter 11 Petition Date: June 13, 2017

Case No.: 17-33692

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

Judge: Hon. Karen K. Brown

Debtor's Counsel: Reese W Baker, Esq.
                  BAKER & ASSOCIATES
                  5151 Katy Freeway, Suite 200
                  Houston, TX 77007
                  Tel: 713-869-9200
                  Fax: 713-869-9100
                  E-mail: courtdocs@bakerassociates.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Phillip Lower, director.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/txsb17-33692.pdf


ELECTRONIC SERVICE: Wants Cash Access for 90 Days
-------------------------------------------------
Electronic Service Products Corporation seeks authority from the
U.S. Bankruptcy Court for the District of Connecticut to continue
using cash collateral for a period of 90 more days.

The Debtor acknowledges that PNL Asset Management LP and CTCIC may
have liens against the cash collateral.

The Debtor says that it needs the ongoing use of cash collateral in
order to continue paying ongoing operating expenses including
payroll, rent, taxes, insurance, procurement of supplies and
materials, utilities, and other ongoing operating expenses.  The
Debtor will suffer immediate and irreparable harm if it is not
authorized to use cash collateral to fund the expenses set forth in
the proposed budget:

        Bills                          Monthly Amount
        -----                          --------------
     Electric                             $1,021.25
     Insurance (business)                 $2,742.84
     Insurance (health)                   $2,709.12
     Mileage & Gas for Trucks               $537.50
     Misc Supplies (kitchen & office)       $161.25
     Office Supplies                    $750.00
     Oil                             $120.00
     Post Petition Payroll Obligations   $22,360.00
     Telephone                              $349.00
     Rent                                 $2,000.00
     Taxes                                  $845.84
     Trash                                  $103.96
     Water & Sewer                           $60.00
     Quaterly Fees OUST                     $216.67
                                         ----------
                                         $33,977.43

     Projected Gross Monthly Income      $45,000.00
     Projected Net Monthly Income        $11,022.57

Absent authorization, the Debtor will not be able to continue
operating, causing harm to customers, employees, and creditors.

The Debtor assures the Court that it has been meeting all of its
ongoing obligations as a debtor-in-possession.

A copy of the Debtor's request is available at:

            http://bankrupt.com/misc/ctb17-30704-26.pdf

The Court previously granted interim use of cash collateral.  That
court order will remain in effect until July 1, 2017.

            About Electronic Service Products Corporation

Founded in 1992, Electronic Service Products Corporation is engaged
in the wholesale distribution of electronic parts and electronic
communications equipment.

Electronic Service Products filed a Chapter 11 petition (Bankr. D.
Conn. Case No. 17-30704) on May 12, 2017.  William Hrubiec, its
president, signed the petition.  The Debtor estimated $100,000 to
$500,000 in assets and $1 million to $10 million in liabilities.

The case is assigned to Judge Ann M. Nevins.

The Debtor is represented by William E. Carter, Esq., at the Law
Office of William E. Carter, LLC.


ELECTRONIC SERVICE: Wants to Use Cash to Pay Prepetition Wages
--------------------------------------------------------------
Electronic Service Products Corporation asks for permission from
the U.S. Bankruptcy Court for the District of Connecticut to use
cash collateral for payment of prepetition wages.

The Debtor will suffer immediate and irreparable harm if it is not
authorized to use cash collateral to fund the expenses.  Absent
authorization, the Debtor will not be able to continue operating,
causing harm to customers, employees, and creditors.

At the time of filing the case at bar the Debtor employed four
individuals to operate the business, fulfill customer work/purchase
orders, and generate revenue.  These employees have been
compensated on a weekly basis with wages being paid one week in
arrears.  As such, the Debtor issued payroll checks to employees on
the date of filing the Chapter 11 case, May 12, 2017 and May 19,
2017.  The timing of the bankruptcy filing and filing of the
Debtor's initial motion for court order allowing the use of cash
collateral caused the Debtor to issue payment of wages without
proper Court authorization for the May 12, 2017 and May 19, 2017
pay periods.  The May 12 payroll period compensated employees for
hours worked through May 6, 2017 and the May 19 pay period
compensated employees for hours worked from May 7, 2017, through
May 13, 2017.  The total or gross payroll for the two pay periods
combined is approximately $10,500.  This represents a typical
weekly payroll of approximately $5,250 based on the Debtor's
current circumstances.

In order to maintain morale and to retain its current workforce, an
outcome that the Debtor sees as essential in being able to continue
to operate while in chapter 11, the Debtor seeks court approval for
payment of the above stated wages.  The Debtor seeks authority to
honor these prepetition wage obligations as the employee base is
essential to the future business needs of the Debtor.  Failure to
honor the prepetition wage obligations of the Debtor will most
likely lead an unstable and unreliable workforce as it would have
an adverse impact on employee morale and cause employees to suffer
personal hardship.  The Debtor will be unable to sustain business
operations and effectuate a successful reorganization under chapter
11 without the support of its current workforce.

A copy of the Debtor's request is available at:

             http://bankrupt.com/misc/ctb17-30704-25.pdf

                 About Electronic Service Products

Founded in 1992, Electronic Service Products Corporation is engaged
in the wholesale distribution of electronic parts and electronic
communications equipment.

Electronic Service Products filed a Chapter 11 petition (Bankr. D.
Conn. Case No. 17-30704) on May 12, 2017.  William Hrubiec, its
president, signed the petition.  The Debtor estimated $100,000 to
$500,000 in assets and $1 million to $10 million in liabilities.

The case is assigned to Judge Ann M. Nevins.

The Debtor is represented by William E. Carter, Esq., at the Law
Office of William E. Carter, LLC.


ENVISAGE DEVELOPMENT: Taps LD Law Offices as Legal Counsel
----------------------------------------------------------
Envisage Development Partners, LLC seeks approval from the U.S.
Bankruptcy Court for the Northern District of California to hire
legal counsel in connection with its Chapter 11 case.

The Debtor proposes to hire LD Law Offices to, among other things,
give legal advice regarding its duties under the Bankruptcy Code,
resolve claims, assist in the administration of its assets and
liabilities, and prepare a plan of reorganization.

Leonardo Drubach, Esq., the attorney designated to represent the
Debtor, will charge an hourly fee of $350.  Mr. Drubach received
$7,500 from Mark Rowson, a member of the Debtor, prior to the
petition date.

In a court filing, Mr. Drubach disclosed that he and his firm are
"disinterested persons" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Leonardo D. Drubach, Esq.
     LD Law Offices
     6442 Coldwater Canyon Ave., Suite 211
     Northwood Hollywood, CA 91406
     P.O. Box 8061
     Tel: (818) 477-4740
     Email: zlaw578@yahoo.com
     Email: leo@ldlawo.com

              About Envisage Development Partners

Based in San Francisco, California, Envisage Development Partners,
LLC sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Calif. Case No. 17-30396) on April 23, 2017.  Mark
Rowson, managing member, signed the petition.  

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

Judge Hannah L. Blumenstiel presides over the case.


FAMILY CHILD CARE: Court Sets June 22 Plan Filing Deadline
----------------------------------------------------------
Judge Clifton R. Jessup, Jr. of the U.S. Bankruptcy Court for the
Northern District of Alabama has held that the exclusivity period
and the deadline for Family Child Care, LLC to file its Chapter 11
Plan of Reorganization and Disclosure Statement is June 22, 2017.

The Court held a hearing on June 8, 2017, to consider the Debtor's
Motion to Extend Exclusivity Period and Time to File Disclosure
Statement and Plan, as well as the Objections filed by Primrose
School Franchising Company and FNB Bank to the Motion.

The Troubled Company Reporter has previously reported that the
Debtor asked the Court to extend by 46 days or until July 17, 2017,
the exclusivity period for the Debtor to file a disclosure
statement and Chapter 11 plan.

The Debtor said that a review of its current financial situation
shows that additional time would be necessary for the filing of a
Plan and Disclosure Statement.  The Debtor also said that it was
pursuing negotiations for the sale of the business and the
conclusion of these negotiations will dictate the focus of the
Disclosure Statement and Plan in this matter.  The Debtor assured
the Court that the requested extension will not pose a substantial
hardship to the creditors.

                      About Family Child Care

Family Child Care, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ala. Case No. 17-80334) on Feb. 3,
2017.  The petition was signed by Troy Ponder, owner.  The case is
assigned to Judge Clifton R. Jessup Jr.

Stuart M. Maples, Esq., at Maples Law Firm, PC, serves as the
Debtor's bankruptcy counsel.

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


FIRST NBC BANK: Committee Taps Sternklar as Legal Counsel
---------------------------------------------------------
The official committee of unsecured creditors of First NBC Bank
Holding Company seeks approval from the U.S. Bankruptcy Court for
the Eastern District of Louisiana to hire legal counsel.

The committee proposes to hire Jeffrey D. Sternklar LLC to, among
other things, give legal advice regarding its duties under the
Bankruptcy Code, assist in its consultations with the Debtor,
analyze claims of creditors, and assist in negotiations to
formulate a plan of reorganization or liquidation for the Debtor.

Jeffrey Sternklar, Esq., charges an hourly fee of $450 for his
services.  The hourly rate for paralegals is $200.

Mr. Sternklar and his firm do not represent or hold any interest
adverse to the Debtor's bankruptcy estate or creditors.

The firm can be reached through:

     Jeffrey D. Sternklar, Esq.
     Jeffrey D. Sternklar LLC
     225 Franklin Street, 26th Floor
     Boston, MA 02110
     Tel: (617) 396-4515
     Fax: (617) 507-6530
     Email: Jeffrey@sternklarlaw.com

                  About First NBC Bank Holding

First NBC Bank Holding Company -- www.firstnbcbank.com -- is a bank
holding company, headquartered in New Orleans, Louisiana, which
offers a broad range of financial services through its wholly-owned
banking subsidiary, First NBC Bank, a Louisiana state non-member
bank.  

First NBC Bank's primary market is the New Orleans metropolitan
area and the Florida panhandle.  It serves its customers from its
main office located in the Central Business District of New
Orleans, 38 full service branch offices located throughout its
market and a loan production office in Gulfport, Mississippi.

First NBC Bank sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. La. Case No. 17-11213) on May 11, 2017.  The
petition was signed by Lawrence Blake Jones, chief restructuring
officer.  The Debtor disclosed $6 million in assets and $65 million
in liabilities as of May 10, 2017.

The bankruptcy filing follows the appointment of the Federal
Deposit Insurance Corporation as receiver of First NBC Bank, the
Debtor's wholly owned subsidiary and principal asset, on April 28,
2017, for which the Debtor has previously announced that it does
not expect any recovery.

The case is assigned to Judge Elizabeth W. Magner.  Steffes,
Vingiello & McKenzie, LLC is the Debtor's bankruptcy counsel.

An official Committee of unsecured Creditors has been appointed in
the case.


FIRSTRAIN INC: Unsecureds to Recover 100% Under Plan
----------------------------------------------------
FirstRain, Inc., filed with the U.S. Bankruptcy Court for the
District of Delaware a disclosure statement dated June 5, 2017, for
the Debtor's plan of reorganization.

Class 4 General Unsecured Claims -- estimated at $695,077 -- are
impaired by the Plan.  The holders are expected to recover 100%
(but in all events exclusive of any postpetition interest).

Each holder of an Allowed General Unsecured Claim will receive, on
account of and in full and complete settlement, release and
discharge of, and in exchange for its Allowed General Unsecured
Claim, its Pro Rata Share of the Guaranteed Unsecured Recovery.
Holders of Allowed General Unsecured Claims will not receive any
Distribution on account of any post-petition interest.

The Debtor continued its negotiations with ESW Capital, LLC, which
resulted in ESW's offer to sponsor the Plan and provide the DIP
Facility to fund the Chapter 11 case and to facilitate the Debtor's
emergence out of the Chapter 11 case.  Specifically, the Plan
Sponsor agreed to provide Consideration which will ultimately be
distributed to holders of Allowed Claims in accordance with the
priority scheme established by the U.S. Bankruptcy Code or as
otherwise agreed to the Pre-Petition Lender pursuant to the RSA.

The Debtor, the DIP Lender and the Pre-Petition Lender negotiated a
DIP Facility, providing the Debtor up to $4.0 million in DIP
Financing (in accordance with an approved Budget), plus access to
the cash collateral.  The DIP Facility provides sufficient
financing to fund ordinary course working capital needs and
administrative expenses to consummate the Plan and permit the
Debtor to successfully emerge from bankruptcy.  Based on the
expected emergence of the Debtor from the Chapter 11 case on or
before July 31, 2017, the Debtor and DIP Lender estimate that
approximately $1.1 million will be budgeted and drawn under the DIP
Facility.  The remainder of any undrawn portions of the DIP as of
the Effective Date will be available as Consideration to fund
creditor recoveries under the Plan.

A copy of the Disclosure Statement is available at:

            http://bankrupt.com/misc/deb17-11249-13.pdf

                       About FirstRain Inc.

Headquartered in San Mateo, California, FirstRain, Inc. --
http://www.firstrain.com/-- is an enterprise software company  
whose core IP is in data science and software algorithms that can
discover, read, discern and summarize useful insights about
companies and markets from a vast universe of content across the
global web and social media.  FirstRain offers marketing, sales,
financial, and enterprise intelligence and integration services to
customers in the United States and India.  FirstRain, Inc. has a
wholly owned subsidiary in India, FirstRain Software Centre Private
Limited ("FirstRain India"), that provides support and development
services to the Debtor (its sole customer) on a cost plus basis.

FirstRain, Inc., filed a Chapter 11 bankruptcy petition (Bankr. D.
Del. Case No. 17-11249) on June 5, 2017.

The Hon. Laurie Selber Silverstein is the case judge.

The Debtor tapped The Rosner Law Group LLC as bankruptcy counsel,
Wilson Sonsini Goodrich & Rosati, PC, as corporate counsel and JND
Corporate Restructuring as claims and noticing agent.


FRANCISCO JAYME: Monges' Claims Barred by Preclusion Principles
---------------------------------------------------------------
Plaintiffs Joe Jess Monge and Rosana Elena Monge filed a first
amended complaint seeking a judgment denying Defendants Francisco
J. Jayme and Alicia Rojas' discharge under 11 U.S.C. section 727,
and declaring that the Plaintiffs' claims are nondischargeable
under section 523(a)(2)(A) and (4).  The Defendants then filed a
motion to dismiss the amended complaint, saying the claims are
barred by preclusion principles, the statute of limitations, and
the statute of frauds.

Judge David T. Thuma of the U.S. Bankruptcy Court for the District
of New Mexico rules that many of the issues were adjudicated by a
federal district court in Texas. Thus, he will dismiss all claims
in Sections III and IV of the amended complaint, and some but not
all of the claims in Section V.

In 2005 or 2006, the Plaintiffs contacted Defendants to obtain a
construction loan. The parties got to know each other and entered
into a joint venture to purchase and develop the Country Cove
Subdivision in Sunland Park, New Mexico. Rojas represented the
subdivision would cost $300,000, and that she owned a property with
$300,000 in equity located at 105 Thoroughbred Court in Santa
Teresa, New Mexico. On or about Feb. 3, 2006, the Defendants
convinced the Plaintiffs to purchase the Thoroughbred Property for
$775,000 so that the Defendants could invest the $300,000 equity in
the subdivision project. The Plaintiffs obtained a $775,000
mortgage to finance the purchase. The Plaintiffs then leased the
Thoroughbred Property back to the Defendants, who continued to
reside there. The Defendants agreed to make the mortgage payments
directly to the Plaintiffs' lender.

The Plaintiffs allege that the Defendants committed several
instances of fraud and/or embezzlement in connection with the
Thoroughbred Property sale.

Judge Thuma opines that the only argument relevant to the section
727 claims is that the allegations fall short of the pleading
standards set forth in Bell Atl. Corp. v. Twombly, 550 U.S. 544
(2007).

The amended complaint recites that Defendants filed bankruptcy
schedules reflecting that they do not own real property, when in
fact they own five houses in El Paso, Texas. Defendants allegedly
own the properties under various aliases, in an effort "to hinder
and conceal property of the debtor."

At best, these allegations form the basis for claims under sections
727(a)(2) and (a)(4). Plaintiffs' claims under subsections of
section 727 must be dismissed pursuant to Rule 12(b)(6), made
applicable by Bankruptcy Rule 7012.

Judge Thuma concludes that essential allegations underpinning
Plaintiffs' section 523(a) claims re-hash issues that have already
been tried and ruled on by the Texas court. The claims, therefore,
are barred by the doctrine of issue preclusion. Further, the
complaint fails to state a claim under sections 727(a)(3), (a)(5),
(a)(6), and (a)(7). Whether Defendants violated sections 727(a)(2)
and/or (a)(4), however, survives for trial. The Court will enter a
separate order on the motion to dismiss.

The adversary proceeding is JOE JESS MONGE and ROSANA ELENA MONGE,
Plaintiffs, v. FRANCISCO J. JAYME and ALICIA ROJAS, Defendants,
Adv. No. 15-1079-t. (Bankr. D.N.M.).

The bankruptcy case is In re: FRANCISCO J. JAYME and ALICIA ROJAS,
Debtors, Case No. 15-10504-tl7 (Bankr. D.N.M.).

A full-text copy of Judge Thuma's decision is available at
https://is.gd/CRFyWd from Leagle.com.


GARBER BROS.: Ch. 11 Conversion Okayed, Has Access to Cash
----------------------------------------------------------
The Hon. Melvin S. Hoffman of the U.S. Bankruptcy Court for the
District of Massachusetts has granted Garber Bros., Inc., interim
approval to use funds and assets of the Debtor constituting cash
collateral subject to the security interest claimed by Citizens
Bank, N.A., Zurich American Insurance Company, and the
Massachusetts Department of Revenue as of the Petition Date as well
as funds received and other cash collateral that are subject to
replacement liens granted by the court order.

Citizens Bank has signed a stipulation authorizing the Debtor's use
of cash collateral pending a final hearing.  The final hearing on
the Debtor's use of cash collateral is scheduled for July 12, 2017,
at 10:45 a.m.  Objections to the Debtor's request must be filed not
later than two full business days before the hearing.

Commencing on July 15, 2017, on or before the 15th day of each
month, the Debtor will submit to the Office of the U.S. Trustee and
file with the Court a cash flow report showing a comparison for the
prior calendar month of actual results of all items contained in
the budget to the amounts originally contained in the budget.

A copy of the Interim Order is available at:

            http://bankrupt.com/misc/mab17-11802-47.pdf

                      About Garber Bros.

Alleged creditors signed an involuntary Chapter 7 petition for
Garber Bros., Inc. (Bankr. D. Mass. Case No. 17-11802) on May 15,
2017.

The petitioning creditors are BIC USA, Conagra Brands, Inc.,
General Mills, Inc., Mars Financial Services, Mondelez, Nestle USA
The Coca-Cola Company, and The Hershey Company.  The petitioning
creditors are represented by:

         Janet E. Bostwick
         Janet E. Bostwick, PC
         295 Devonshire Street
         Boston, MA 02110
         Tel: (617) 956-2670
         Fax : 617-422-1428
         E-mail: jeb@bostwicklaw.com

On June 7, 2017, the Court granted the motion of the Debtor to
convert the case to Chapter 11.


GENON ENERGY: Plan to Delever Balance Sheet by $1.75 Billion
------------------------------------------------------------
GenOn Energy Inc. and GenOn Americas Generation LLC commenced
chapter 11 cases after obtaining overwhelming support from their
key stakeholders of a restructuring that would, among other things,
pay non-funded debt general unsecured creditors in full and give
100% of the equity of the reorganized company to unsecured
noteholders.

The Restructuring Support Agreement -- that sets for the terms of a
Chapter 11 plan that would be filed in 15 days -- features the
support of its current equity holder, NRG Energy, Inc. ("NRG"), and
more than 90% in principal amount of the Debtors' funded debt.

Through the restructuring, the Debtors will significantly delever
their balance sheet by more than $1.75 billion and implement an
orderly transition to a standalone power generation company better
situated for success in the current market environment.

                Prepetition Capital Structure

As of the Petition Date, the Debtors have approximately $2.5
billion in total funded debt.  GenOn has approximately $1.83
billion in principal outstanding on three series of notes issued
under a senior indenture dated December 22, 2004 (the "GenOn Senior
Unsecured Notes").  Debtor GenOn Americas Generation, LLC ("GAG")
has approximately $695 million in principal outstanding on two
series of notes issued under a senior indenture dated May 1, 2001
(the "GAG Senior Unsecured Notes").

Wilmington Trust Company is the indenture trustee for the GenOn
7.875% Senior Notes due 2017, 9.50% Senior Notes due 2018, and
9.875% Senior Notes due 2020, (collectively, the "GenOn Notes"),
and counsel thereto.  Wilmington Savings Fund Society, FSB is the
successor indenture trustee for the GAG 8.50% Senior Notes due 2021
and 9.125% Senior Notes due 2031, (collectively, the "GAG Notes").

Beyond this debt, on December 14, 2012, GenOn and Debtor NRG
Americas, Inc. executed a secured intercompany revolving credit
agreement with NRG (the "Intercompany Secured Revolver") that
provides for a $500 million revolving credit facility. The facility
is available for revolving loans and letters of credit. Certain of
GenOn's subsidiaries are also guarantors under the Intercompany
Secured Revolver.  As of the Petition Date, approximately $125
million in cash borrowings and approximately $143 million of
letters of credit were outstanding under the Intercompany Secured
Revolver.

                       Challenging Environment

Mark A. McFarland, the Chief Executive Officer of GenOn Energy,
explains that since NRG's acquisition of GenOn in December 2012,
the value of GenOn has dropped significantly and it has been unable
to generate profits sufficient to service its legacy capital
structure and, in particular, five unsecured senior note issuances
totaling approximately $2.525 billion in unpaid principal as of the
date hereof.

With just $885 million in cash on hand as of March 31, 2017 -- and
$387 million of this cash "trapped" in two operating subsidiaries
with strict lease restrictive payment covenants -- GenOn faces an
impending maturity of $691 million of its senior unsecured notes on
June 15, 2017.  Further, $1.064 biillion of additional senior
unsecured notes will mature over the next four years.

A challenging market environment exacerbated the Debtors' financial
distress:

   * Over the past five years, demand for power in the United
States has been generally flat with no expectation for growth.

   * In the same period, total generating capacity has grown as new
generating capacity has surpassed power plant retirements.  The
Debtors have been hurt by the glut of new power sources with a
lower marginal generating price than the Debtors' older, less
efficient fleet.

   * Prices for natural gas (which has been challenging coal as the
leading fuel source for power generation in the United States) have
dropped and are now magnitudes below what NRG, GenOn, and the
market expected in 2012. Natural gas prices from the merger through
today have dropped significantly and remained at their lowest
levels in the past
20 years.

   * This combination has caused energy and capacity prices to
fall.  So has the Debtors' profitability as a result.

                     Chapter 11 Restructuring

Facing these challenges and having spent the past year analyzing
their options to address the near- and long-term maturities on
their senior unsecured notes, the Debtors have concluded that
commencing these chapter 11 cases now is their best path forward to
implement a restructuring that will withstand current market
challenges, maximize the value of their assets, and address
liquidity needs.  Notwithstanding these market pressures, the
Debtors were able to build consensus for the global restructuring
contemplated by the Restructuring Support Agreement, which is
supported by their current equity holder, NRG, and more than 90% of
the holders of the GenOn Senior Unsecured Notes and more than 90%
of the holders of the GAG Senior Unsecured Notes.  Through the
Restructuring Support Agreement, the Debtors will, among other
steps:

   * Equitize approximately $2 billion in debt at a time when GenOn
lacks sufficient cash and faces limited options to raise additional
funds short of issuing new debt or selling power
plants through a sweeping asset divestiture plan;

   * Refinance another $695 million in legacy debt;

   * Transition to a standalone enterprise with a leaner capital
and operating structure that is
better suited for today's market challenges; and

   * Implement a global settlement of potential claims and causes
of action against NRG.  This settlement provides substantial cash
and non-cash consideration, including a $261.3 million cash
contribution, a pension contribution worth approximately $13.2
million, a $27 million credit against amounts GenOn owes under the
Shared Services Agreement, discounted services under the Shared
Services Agreement, and certain tax-related concessions.

Consistent with the Restructuring Support Agreement's milestones
(and considering certain adverse tax consequences that may occur
from delay), the Debtors expect to move through chapter 11
expeditiously with a target emergence before year's end. The
Debtors will emerge ready to tackle 2018's market challenges and a
timely chapter 11 process will create limited business
interruptions.

                    About GenOn Energy

GenOn Energy, Inc. is a wholesale power generation corporation with
15,394 megawatts in generating capacity, operating operate 32 power
plants in eight states.  GenOn is subsidiary of NRG Energy Inc.,
which is a competitive power company that produces, sells and
delivers energy and energy
services, primarily in major competitive power markets in the U.S.

On April 11, 2010 Mirant announced it was merging with RRI Energy,
a company formerly known as Reliant Energy. The merger, which was
completed on December 3, 2010, resulted in a company known as GenOn
Energy.  NRG Energy completed its acquisition of GenOn Energy in
December 2012 for $6 billion.

As of March 31, 2017, GenOn Energy had $4.81 billion in total
assets, $4.51 billion in total liabilities and $304 million in
total stockholders' equity.

On June 14, 2017, GenOn Energy, Inc. ("GenOn"), GenOn Americas
Generation, LLC ("GAG") and 59 of their directly and
indirectly-owned subsidiaries commenced the Chapter 11 cases in
Houston, Texas (Bankr. S.D. Tex. Lead Case No. 17-33695) to
implement a restructuring plan negotiated with stakeholders
prepetition.

The Debtors' cases have been assigned to Judge David R. Jones.  The
Debtors have sought joint administration of their cases for
procedural purposes and all pleadings will be maintained on the
case docket for Case No. 17-33695.

Kirkland & Ellis LLP is the Debtors' bankruptcy counsel.  Zack A.
Clement, PLLC, is the local counsel.  Epiq Systems, Inc., is the
claims and noticing agent.


GENON ENERGY: To Emerge as Stand-Alone Entity Owned by Noteholders
------------------------------------------------------------------
GenOn Energy Inc. and GenOn Americas Generation LLC, the power
producers purchased by NRG Energy, Inc., five years ago for $6
billion in cash, stock and assumed debt, have filed for Chapter 11
bankruptcy protection in the U.S. Bankruptcy Court in Houston after
reaching terms of a restructuring with parent NRG Energy, and
holders of more than 90% in principal amount of GenON and GAG's
funded debt.

The parties' Restructuring Support Agreement, and the Chapter 11
Plan contemplated thereby, will implement a comprehensive
restructuring that, among other things, is expected to delever the
GenOn Entities' balance sheet by approximately $1.75 billion,
facilitate GenOn's transition to a standalone power generation
company, and consensually resolve potential claims the GenOn
Entities may have against NRG in connection with, among other
things, the services agreement, dated as of December 20, 2012 (the
"Shared Services Agreement"), by and between NRG and GenOn.

On June 12, 2017, GenOn, GAG, and certain of their directly and
indirectly-owned subsidiaries entered into a restructuring support
and lock-up agreement (the "RSA") with NRG Energy, certain holders
representing greater than 93% in aggregate principal amount of
GenOn's outstanding senior unsecured notes (the "GenOn Notes") and
certain holders representing greater than 93% in aggregate
principal amount of GAG's outstanding senior unsecured notes (the
"GAG Notes").

The RSA sets forth, subject to certain conditions, the commitments
of the GenOn Entities, NRG, and the Consenting Holders to support
certain restructuring and recapitalization transactions with
respect to the GenOn Entities' capital structure.  The
Restructuring will be effectuated through a prearranged plan of
reorganization (the "Plan") to be filed in connection with
voluntary Chapter 11 cases commenced by the GenOn Entities.

The principal terms of the RSA and the Restructuring contemplated
thereby are:

   * Shared Services Agreement.  NRG will allow for and facilitate
a transition of shared services to a third party services provider,
but will continue to provide such services during the transition
period as follows: (1) NRG will provide GenOn with transition
services at a rate of $84 million on an annualized basis during the
pendency of the Chapter 11 Cases; and (2) if the Settlement is
approved by the Bankruptcy Court, NRG will provide GenOn with (i)
shared services at no charge for two months post-emergence and (ii)
an option for up to two, one-month extensions for transition
services at an annualized rate of $84 million post-emergence. In
addition, if the Settlement is approved by the Bankruptcy Court,
GenOn will retain a $27 million credit against amounts owed to NRG
for the post-petition period under the current shared services
agreement, provided that to the extent GenOn has paid for services
during the bankruptcy proceedings and the aforementioned credit has
not been applied in full, NRG Will, upon request by GenOn,
reimburse such payments in cash up to the amount of any unused
portion of the credit.

   * NRG Settlement Terms.  In exchange for full releases from
GenOn, GAG and the Consenting Holders, NRG will provide settlement
consideration of: (a) $261.3 million in cash; (b) continued and
amended shared services as set forth; (c) retention of certain
historic pension liabilities under the existing NRG pension plans
(including payment of approximately $13.2 million of 2017 pension
contributions due on account of GenOn employees); and (d) other
consideration in varying forms.  In addition, NRG will consent to
the cancellation of its equity interests in GenOn and will be
entitled to the related worthless stock deduction for federal
income tax purposes, provided that the Plan will provide for the
implementation of an exit structure in a manner that resolves any
material adverse tax consequences to reorganized GenOn or its
subsidiaries or any entities established by the creditors of GenOn
to acquire the assets of GenOn.  The RSA will be subject to
termination in the event the GenOn Entities, the committee of
certain Consenting Holders of GenOn Notes (the "GenOn Steering
Committee"), and NRG fail to reach agreement on a proposal to
address any material adverse impact of the worthless stock
deduction by the earlier of (i) the date of entry of the Disclosure
Statement Order and (ii) October 15, 2017.

   * Cooperation Agreement.  The GenOn Entities, NRG and the GenOn
Steering Committee will enter into a cooperation agreement,
pursuant to which (i) as it relates to certain projects on GenOn
and GAG properties, the Consenting Holders, NRG and the GenOn
Entities will cooperate in good faith to maximize the value of such
assets and to ensure that adjacent projects will not be materially
adversely impacted by the economic implications of any such
projects and (ii) NRG will provide "make-whole payments" to
compensate certain owners of such assets from any economic losses
suffered as a result of such projects to the extent provided in the
existing Shared Facilities Agreement.  NRG will represent in the
Settlement Agreement that there will be no such material adverse
impact as a result of the completion of certain projects, subject
to the Consenting Holders' right to terminate the RSA if such
representation cannot be made, after an opportunity for NRG to
cure.

   * Letter of Credit Facility.  NRG Will provide the GenOn
Entities with a fully cash collateralized letter of credit facility
(the "LC Facility") in an amount not to exceed $330 million.  The
LC Facility will be used for the issuance of new and replacement
letters of credit following commencement of the Chapter 11 Cases
for hedging, regulatory and other credit support needs of the GenOn
Entities; provided nothing shall preclude the GenOn Entities from
obtaining one or more LC Facilities from a third party, in addition
to or in replacement of any LC Facility provided by NRG, which,
together with any LC Facility provided by NRG, shall not exceed
$330 million.

   * Exit Financing. Reorganized GenOn and, subject to certain
exceptions, the wholly-owned material subsidiaries of reorganized
GenOn will enter into exit financing (the "Exit Financing")
consisting of (i) a senior secured revolving credit facility to be
provided to the extent necessary to fund the reorganized GenOn
Entities' working capital and other operational needs (the "Exit
Credit Facility") with the commercial lending institutions
providing such Exit Credit Facility (the "Lender Parties") and (ii)
an issuance of secured notes in an aggregate principal amount of up
to $900,000,000 (the "New Notes").  Certain Consenting Noteholders
will have the right, but not the obligation, to purchase a share of
New Notes in an offering (the "Notes Offering") to be conducted in
accordance with certain procedures (the "Notes Offering
Procedures") to be agreed by GenOn and certain Consenting Holders
committing to "backstop" the Notes Offering (such parties, the
"Backstop Parties"), pursuant to that certain backstop commitment
letter (the "Backstop Commitment Letter") entered into
contemporaneously with the RSA. GenOn will offer these rights to
certain Backstop Parties and to holders of GenOn Notes that are
either "accredited investors" within the meaning of Rule 501(a) of
the Securities Act of 1933 (the "Securities Act") or "qualified
institutional buyers" within the meaning of Rule 144A of the
Securities Act (collectively, the "Rights Recipients").  The
aggregate principal amount of New Notes to be issued in the Notes
Offering may be reduced by the amount of certain non-ordinary
course asset sales by reorganized GenOn and its subsidiaries or as
mutually agreed by GenOn and certain of the Backstop Parties.  The
final terms and conditions of the Exit Financing will be subject to
the Notes Offering Procedures and definitive documents acceptable
to the GenOn Entities, the Backstop Parties, and the Lender
Parties, as applicable.

   * GenOn Noteholders. Holders of GenOn Notes will receive (i)
100% of the equity of reorganized GenOn, together with the other
consideration contemplated by the Plan, subject to dilution by the
management incentive plan to be adopted by reorganized GenOn upon
emergence, (ii) if such noteholder has executed the RSA (except as
otherwise determined by the GenOn Entities in their sole
discretion), such noteholder's pro rata portion of (a) a cash
payment of approximately $75 million and (b) such other cash for
distribution as agreed to by the GenOn Entities and the GenOn
Steering Committee, and (iii) subject to certain eligibility
restrictions, rights to participate pro rata in the offering of the
New Notes.

   * GAG Noteholders.  Holders of GAG Notes will receive (i) cash
in the amount of $920 per $1,000 principal amount of such GAG
Notes, plus accrued and unpaid interest through the date of the
initial bankruptcy petition filing and (ii) if such noteholder has
executed the RSA (except as otherwise determined by the GenOn
Entities in their sole discretion), such noteholder's pro rata
portion of (a) a cash payment of approximately $14.1 million and
(b) beginning on the date that is 180 days following the Petition
Date, liquidated damages accruing at an annual rate of 6% of the
aggregate principal amount of GAG Notes outstanding plus accrued
interest as of the Petition Date.

The RSA requires the GenOn Entities, NRG and the Consenting Holders
to support the Restructuring and the consummation of the Plan. The
obligations include, among others: (i) voting all held claims in
favor of the Plan; (ii) negotiating in good faith additional
documentation to implement the Restructuring and the Plan; (iii)
supporting the GenOn Entities in obtaining various court approvals,
including with respect to the Settlement and the LC Facility to be
provided; (iv) not supporting or participating in alternative
transactions and/or restructurings of the GenOn Entities; and (v)
supporting certain releases, exculpation, injunction, and discharge
provisions.

Pursuant to the RSA, the GenOn Entities agreed not to directly or
indirectly object to, delay, impede, or take any other action to
interfere with or delay the acceptance, implementation, or
consummation of the Restructuring; provided that nothing in the RSA
shall require the GenOn Entities, nor any of the GenOn Entities'
directors, managers, and officers, to take or refrain from taking
any action (including, without limitation, terminating the RSA
pursuant to the terms and conditions thereof) to the extent such
person or persons determines based on advice of counsel that taking
such action, or refraining from taking such action, as applicable,
would be inconsistent with applicable law or his or her fiduciary
obligations under applicable law.

                   Plan Filing by Month's End

The RSA includes these milestones, among others:

   (i) the Petition Date will have occurred no later than June 15,
2017;

  (ii) no later than 15 days after the Petition Date, the Debtors
shall file the Plan, the Disclosure Statement, and the motion to
approve the Disclosure Statement;

(iii) no later than 15 days after the Petition Date, the Debtors
shall file the motion to authorize the Debtors to solicit
participation in the New Secured Notes Offering and to approve the
Notes Offering Procedures;

  (iv) the Debtors will commence, subject to the availability of
the Bankruptcy Court, a hearing on approval of the Disclosure
Statement Order and the Notes Offering Approval Order no later than
60 days after the Petition Date, and the Bankruptcy Court shall
have entered the Disclosure Statement Order and the Notes Offering
Approval Order no later than 90 days after the Petition Date;

   (v) no later than 15 days after entry of the Disclosure
Statement Order, the Debtors shall have commenced the solicitation
of votes on the Plan;

  (vi) the Bankruptcy Court shall have entered the Backstop
Approval Order no later than 150 days after the Petition Date;

(vii) the Debtors will commence, subject to the availability of
the Bankruptcy Court, a hearing on confirmation of the Plan and
entry of the Confirmation Order, which shall also be an order
approving the Settlement and the Settlement Agreement, to be held
on a date that is no later than 60 days after entry of the
Disclosure Statement Order, and the Bankruptcy Court shall have
entered the Confirmation Order no later than 150 days after the
Petition Date; and

(viii) the effective date of the Plan (the "Plan Effective Date")
shall have occurred no later than the earlier of (a) 15 days after
entry of the Confirmation Order, and (b) 180 days after the
Petition Date; provided, that, if regulatory approvals associated
with the Restructuring Transactions remain pending as of such date,
the Plan Effective Date will have occurred no later than the
earlier of (y) 45 days after entry of the Confirmation Order, and
(z) 210 days after the Petition Date (the "Outside Date").

A copy of the Restructuring Support Agreement filed with the
Securities and Exchange Commission is available at:
https://is.gd/Yk7OS9

                        Parties' Advisors

Quinn Emanuel Urquhart & Sullivan, LLP, is counsel to the Ad Hoc
Steering Committee of GAG Notes.  The Ad Hoc Committee's steering
committee of GAG Noteholders is comprised of Benefit Street
Partners LLC, Brigade Capital Management, LP, Franklin Mutual
Advisers, LLC, and Solus Alternative Asset Management LP, each on
behalf of itself or certain affiliates, and/or accounts managed
and/or advised by it or its affiliates.

Ropes & Gray LLP is counsel Ad Hoc Committee of GenOn Note and GAG
Notes, i.e. the committee of certain Holders of GenOn Notes and GAG
Notes.  Ropes & Gray can be reached at:

         Keith H. Wofford, Esq.
         Stephen Moeller-Sally, Esq.
         Marc B. Roitman, Esq.
         Ropes & Gray LLP
         1211 Avenue of the Americas
         New York, New York 10036
         Fax: 212.596.9090
         E-mail: keith.wofford@ropesgray.com
                 ssally@ropesgray.com
                 marc.roitman@ropesgray.com

Counsel for NRG Energy, Inc.:

         Baker Botts L.L.P.
         2001 Ross Avenue
         Dallas, Texas 75201
         Attn: C. Luckey McDowell
               Ian E. Roberts

                    About GenOn Energy

GenOn Energy, Inc. is a wholesale power generation corporation with
15,394 megawatts in generating capacity, operating operate 32 power
plants in eight states.  GenOn is subsidiary of NRG Energy Inc.,
which is a competitive power company that produces, sells and
delivers energy and energy services, primarily in major competitive
power markets in the U.S.

On April 11, 2010 Mirant announced it was merging with RRI Energy,
a company formerly known as Reliant Energy. The merger, which was
completed on December 3, 2010, resulted in a company known as GenOn
Energy.  NRG Energy completed its acquisition of GenOn Energy in
December 2012 for $6 billion.

As of March 31, 2017, GenOn Energy had $4.81 billion in total
assets, $4.51 billion in total liabilities and $304 million in
total stockholders' equity.

On June 14, 2017, GenOn Energy, Inc. ("GenOn"), GenOn Americas
Generation, LLC ("GAG") and 59 of their directly and
indirectly-owned subsidiaries commenced the Chapter 11 cases in
Houston, Texas (Bankr. S.D. Tex. Lead Case No. 17-33695) to
implement a restructuring plan negotiated with stakeholders
prepetition.

The Debtors' cases have been assigned to Judge David R. Jones.  The
Debtors have sought joint administration of their cases for
procedural purposes and all pleadings will be maintained on the
case docket for Case No. 17-33695.

Kirkland & Ellis LLP is the Debtors' bankruptcy counsel.  Zack A.
Clement, PLLC, is the local counsel.  Epiq Systems, Inc., is the
claims and noticing agent.


GOLDEN MARINA: Wants Aug. 22 Exclusive Solicitation Deadline
------------------------------------------------------------
Golden Marina Causeway LLC asks the U.S. Bankruptcy Court for the
Northern District of Illinois to extend by two months or until Aug.
22, 2017, the exclusive period in which only the Debtor can propose
and solicit acceptances for a plan.

A hearing will be held on June 20, 2017, at 9:30 a.m. to consider
the Debtor's request.

Absent an extension, the exclusivity period will expire on June 20,
2017.

The Debtor has sold its major asset, has filed a plan and
disclosure statement, has solicited votes on that plan, and will
seek confirmation of the plan at a hearing on June 27, 2017.  

The Debtor, along with Lawrence Fromelius and L. Fromelius
Investments Properties LLC (both of whom are debtors in their own
Chapter 11 cases), also engaged in extensive negotiations with the
Anne Marie Barry Trust, its main creditor, over the terms of its
plan.  The Debtor has filed a negotiated plan and served the plan
and disclosure statement on its creditors.  A hearing on
confirmation of the plan is scheduled for June 27, 2017.

                  About Golden Marina Causeway, LLC

Golden Marina Causeway LLC owns two parcels of real estate, located
at 302 and 311 East Greenfield Avenue in Milwaukee, Wisconsin.  The
parcel at 311 E. Greenfield consists of 47 acres and the smaller
parcel at 302 E. Greenfield is approximately 1 acre.

Golden Marina Causeway, LLC, based in Downers Grove, Illinois,
filed a Chapter 11 petition (Bankr. N.D. Ill. Case No. 16-03587) on
Feb. 5, 2016.  The petition was signed by Lawrence D. Fromelius,
manager.  The Debtor is represented by Jeffrey K. Paulsen, Esq., at
The Law Office of William J. Factor, Ltd.  The Debtor also hired
Nijman Franzetti LLP as special counsel.

Golden Marina's case was assigned to Judge Carol A. Doyle, and
later transferred to the chambers of Judge Donald R. Cassling.
Golden Marina estimated assets and liabilities at $1 million to $10
million at the time of the filing.

Lawrence D. Fromelius filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 15-22373) on June 29, 2015.  On July 2, 2015, L. Fromelius
Investment Properties LLC filed a petition for relief under Chapter
11 of the Bankruptcy Code under Case No. 15-22943.

Mr. Fromelius is the sole member of Investment Properties.  He is
also the sole member of East Greenfield Investors LLC, which in
turn is the sole member of Golden Marina Causeway LLC.


GRUDEN ACQUISITION: Moody's Rates New $470MM 1st Lien Loan B2
-------------------------------------------------------------
Moody's Investors Service assigned a B2 rating to Gruden
Acquisition, Inc.'s proposed upsized $470 million senior secured
first-lien term loan due 2022. Moody's also affirmed the company's
B3 Corporate Family Rating (CFR) and B3-PD Probability of Default
Rating (PDR), as well as the B2 rating for its existing senior
secured (first-lien) term loan due 2022 and the Caa2 rating for its
$120 million senior secured (second-lien) term loan due 2023. The
rating outlook remains negative.

In a proposed transaction, Quality Distribution will upsize its
existing first-lien term loan due 2022 by $60 million, using the
proceeds to repay the same amount of ABL revolver outstandings. The
transaction improves the company's near-term liquidity profile by
increasing availability under the ABL to over $90 million as of
April 2017. However, Moody's expects that likely borrowings under
the facility to fund acquisitions will unwind the immediate benefit
associated with this development. And while backstop liquidity
improves modestly, overall liquidity is seen to be eroding somewhat
according to the rating agency, as interest expense will increase
by about $5 million annually given the higher pricing that would
apply to both the new add on and the existing term loan.

Moody's continues to assess Quality Distribution's key credit
metrics as being weak for the B3 rating category, in particular its
debt-to-EBITDA of about 8.0 times and, more notably, its
EBIT-to-interest of less than 0.5 times. However, the rating
affirmation reflects Moody's expectation that revenue trends will
improve with modest organic growth in the intermodal and chemical
segments, and that operating margins will benefit through affiliate
conversions and cost reductions, which in addition to the earnings
contribution from recent acquisitions will result in modest
de-leveraging over the next year. Additionally, Moody's expects
cash flow will gradually improve, powered by these evolving trends
and notwithstanding some initial pressure associated with the extra
interest carry. Moody's noted in its report that any lack of
consistent progress as relates to improving operating results, or
any incremental end market challenges or deterioration in liquidity
provisions would likely result in the ratings coming under downward
pressure.

The rating outlook remains negative, reflecting continued negative
free cash flow generation, reduced operating margins, and
expectations of credit metrics that will remain weak over the next
12 months.

The following ratings were affected by these actions:

Issuer: Gruden Acquisition, Inc.

Proposed $470 million senior secured first-lien term loan due
2022, assigned at B2 (LGD3)

Corporate Family Rating, affirmed at B3

Probability of Default Rating, affirmed at B3-PD

$410 million outstanding senior secured first-lien term loan due
2022, affirmed at B2 (LGD3), to be withdrawn upon repayment

$120 million senior secured second-lien term loan due 2023,
affirmed at Caa2 (LGD5)

Outlook, remains Negative

RATINGS RATIONALE

Quality Distribution's B3 CFR reflects the company's highly
leveraged capital structure, with debt-to-EBITDA of approximately
8.0 times as of March 31, 2017, and Moody's expectation that the
balance sheet will continue to be strained by excess debt over at
least the next 12 to 18 months, as the company slowly recovers from
the sharp declines in sales and profitability of the last few years
(all metrics incorporate Moody's standard accounting adjustments).
Also factored into the rating is the company's currently weak
interest coverage of less than 0.5 times, which will also remain
weak. Quality Distribution's energy market exposure, while reduced
to about 4% in 2016 from almost 20% two years earlier, is expected
to continue to remain a drag on operating performance. However,
Moody's notes that efforts to restructure the Energy Logistics
business and reposition assets for use within its Chemical
Logistics business are expected to offset some of the margin
contraction. Financial policy remains a rating constraint due to
the company's private equity ownership, as well as the potential
for second-lien debt repurchases at current discounted levels.
Debt-funded acquisition activity, given the company's highly
acquisitive profile, also presents risks, including potentially
higher leverage, reduced liquidity and performance of acquisitions
below expectations.

Counterbalancing these risks is Quality Distribution's strong
market position as the largest North American bulk chemicals
logistics company, as well as positive longer-term fundamentals for
the key end markets it serves within the broader chemicals sector.
The Quality Carriers business (domestic bulk chemicals) has
historically been a relatively stable performer, and the company's
higher margin Boasso/Intermodal segment (export/import bulk
chemicals) - which will benefit from its expansion through recent
acquisitions - continues to deliver positive results. Barriers to
entry created by the significant cost and difficulty in replicating
the company's extensive infrastructure will also help to protect
its market share. Quality Distribution's flexible, variable cost,
affiliate-based operating model would also provide some downside
protection if market conditions were to weaken further. The
company's strategy of affiliate conversion and various cost
reduction initiatives should result in operating margin
improvement, while recently completed acquisitions will contribute
to higher EBITDA. The company also maintains an adequate liquidity
profile, supported by good revolver availability and ample room
under the springing financial covenant in the credit agreement,
which will provide some financial flexibility as it continues to
take measures to restore stronger operating profitability and free
cash flow generation.

The ratings for the senior secured term loans reflect the overall
probability of default for Quality Distribution, which Moody's
rates B3-PD. The B2 rating on the first-lien term loan is one notch
above the CFR, reflecting its senior position in the capital
structure and the first-loss protection provided by $120 million of
second-lien debt. The Caa2 rating for the second-lien term loan
reflects the facility's lien subordination to approximately $600
million of more senior debt, which includes a $125 million
asset-based revolving credit facility (unrated) that has a
first-priority claim on the company's most liquid assets.

The outlook could be stabilized if the company demonstrates
consistent organic revenue growth, operating margin improvement
which would contribute to deleveraging, and begins to generate
positive free cash flow. An upgrade of Quality Distribution's
ratings is unlikely in the intermediate term, given the company's
recent deterioration in operating performance and credit metrics
that are currently very weak compared with those of many similarly
rated industry peers. However, positive rating actions could be
taken if the company demonstrates a strong positive trend in EBITDA
growth and free cash flow generation such that Debt-to-EBITDA
trends below 5.5 times and EBIT-to-interest expense rises above 1.5
times.

The ratings could be downgraded if the company's liquidity profile
deteriorates, either as a result of sustained negative free cash
flow generation or diminished availability under its revolving
credit facility. Increasing debt leverage or further declines in
interest coverage could also result in negative rating actions. In
addition, significant repurchases of debt at distressed prices
could prompt downgrades.

The principal methodology used in these ratings was Global Surface
Transportation and Logistics Companies published in May 2017.

Gruden Acquisition, Inc. was formed to effectuate the acquisition
of Quality Distribution, Inc., the parent company of Quality
Distribution, LLC, by Apax Partners in August 2015. Quality
Distribution, headquartered in Tampa, Florida, is the largest North
American transporter of bulk liquid and dry bulk chemicals. The
company is also a provider of intermodal tank container and depot
services primarily through its wholly-owned subsidiary, Boasso
America Corporation. The company also provides transportation
services to the energy sector through its Energy Logistics
business. Revenue for the twelve months ended March 31, 2017
totaled approximately $811 million.


HAMMONDS TRANSPORTATION: Cash Use Has Interim Approval
------------------------------------------------------
The Hon. Elizabeth W. Magner of the U.S. Bankruptcy Court for the
Eastern District of Louisiana has authorized Hammond's
Transportation LLC to use cash collateral on an interim basis.

A final hearing on the Debtor's cash collateral use will be held at
11:00 a.m. on June 20, 2017.

The Debtor acknowledges and stipulates that it is indebted to
Whitney Bank in an amount of not less than $500,000 and that this
indebtedness is secured by a first priority security interest in
favor of Whitney in the Debtor's bank accounts and all of its
accounts receivable and the proceeds thereof.  In addition the
Debtor stipulates to the existence of Whitney Bank's Irrevocable
Letter of Credit SB75090L issued on or about April 12, 2017, in
favor of Beneficiary KentMitchell Bus Sales & Services, LLC, and
that if its terms are met and if drawn will give rise to an allowed
claim against the estate in favor of Whitney Bank in the amount of
$200,000.

The Debtor is authorized to use, on an emergency interim basis,
cash collateral, including, but not limited to all revenue
collected in the ordinary course of business that is subject to
Whitney Bank's security interests for the specific purposes of
meeting its payroll, fuel, insurance, and ongoing operational
expenses and other ordinary course of business, in the amount of
$200,860.

The Debtor is authorized to grant Whitney Bank adequate protection
to the extent of Diminution in the value of the prepetition
collateral, as follows: (a) Whitney Bank is granted valid,
enforceable and fully perfected, replacement liens and security
interests in all of the property, assets or interests in property
or assets of the Debtor and all property of the estate; (b) super
priority administrative claim, provided there being a carve out of
$50,000 for allowed fees and expenses of approved professionals in
the case and the fees of the Office of the U.S. Trustee and court
costs; and (d) the providing of financial and operational reports
to Whitney Bank.

A copy of the Interim Order is available at:

          http://bankrupt.com/misc/laeb17-11350-33.pdf

                 About Hammond's Transportation

Hammond's Transportation LLC --
https://hammondstransportation.com/
-- maintains a fleet of school buses, vans and a staff of drivers,
and provides service to any group or organization throughout the
Greater New Orleans area.  

Based in New Orleans, Louisiana, Hammond's Transportation sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D. La.
Case No. 17-11350) on May 25, 2017.  Mark Hammond, authorized
member, signed the petition.  At the time of the filing, the Debtor
estimated its assets and debt at $1 million to $10 million.

Judge Elizabeth W. Magner presides over the case.

Christopher T. Caplinger, Esq., at Lugenbuhl, Wheaton, Peck, Rankin
& Hubbard serves as its legal counsel.


HARBORVIEW TOWERS: Court Denies Confirmation of 2nd Amended Plan
----------------------------------------------------------------
Judge James F. Schneider of the U.S. Bankruptcy Court for the
District of Maryland denied confirmation of the Council of Unit
Owners of the 100 Harborview Drive Condominium's second amended
plan of reorganization, with leave to amend.

The Debtor is an unincorporated condominium association, comprised
of "any person, firm, corporation, trust or other legal entity . .
. holding legal title to a condominium unit" in the building
located at 100 Harborview Drive.

The owners of penthouse units 4A and 4C have been engaged in
protracted litigation against the debtor.

On Dec. 21, 2016, the debtor proposed the Amended Plan of
Reorganization, which, as modified by the Second Amended Plan of
Reorganization, filed on Feb. 23, 2017, is before the Court for
confirmation.  The objections of PH4A, PH4C, Baltimore Gas &
Electric and the United States Trustee remain after the lengthy
confirmation hearing.
  
Among the issues raised by PH4C is that the plan must be filed in
good faith.  Judge Schneider has determined that the Plan was filed
in good faith, having considered the totality of the circumstances.
These include the necessity for filing of the instant Chapter 11,
the numerous disputes and lawsuits filed against the debtor by the
objecting penthouse owners, their objections to the disclosure
statement and to confirmation and the abundance of evidence of good
faith presented at the hearing.

The Court also finds that the debtor has proposed the Plan which
provides a 100% distribution to all creditors, "with the legitimate
and honest purpose of reorganizing and maximizing both the value of
[its] Estate and the recovery to Claimants[,]" regardless of
whether or not the plan is confirmable. Therefore, this objection
is overruled.

The penthouse owners have also relied upon the Rooker-Feldman
Doctrine, res judicata and collateral estoppel to control the
governance of a condominium association of which 400 others are
members. In bankruptcy, federal law controls the priorities of
creditors and the classification of their claims. However, because
this Court is bound by the doctrines of res judicata and collateral
estoppel to recognize prior state court orders where possible, to
be confirmable, any plan of reorganization must accord full faith
and credit to damage awards and contempt sanctions imposed against
the debtor. Judge Schneider rules that the court has no power to
excuse the debtor from the consequences of its contempt for
violating valid state court orders.

Each objecting creditor has raised 11 U.S.C. section 1129(b) as a
barrier to confirmation. Section 1129(b) is applicable once all the
requirements of 1129(a) other than paragraph (8) are met. Cramdown
is unnecessary as Judge Schneider has determined that the Plan is
not confirmable pursuant to 1129(a)(1).

A full-text copy of Judge Schneider’s Memorandum Opinion dated
June 9 is available at:

     http://bankrupt.com/misc/mdb16-13049-403.pdf

Council of Unit Owners of the 100 Harborview Drive Condominium,
Debtor, represented by Lisa Yonka Stevens, Yumkas, Vidmar, Sweeney
& Mulrenin, LLC, Paul Sweeney, Yumkas, Vidmar, Sweeney & Mulrenin,
LLC & Craig B. Zaller, Nagle & Zaller, P.C..

US Trustee, U.S. Trustee, represented by Hugh M. Bernstein, Office
of U.S. Trustee.

Council of Unit Owners of the 100 Harborview Drive Condominium, a
condominium association, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Md. Case No. 16-13049) on March 9,
2016.
The petition was signed by Dr. Reuben Mezrich, president. The
Debtor is represented by Paul Sweeny, Esq., at Yumkas, Vidmar,
Sweeney & Mulrenin, LLC. Judge James F. Schneider is assigned to
the case. The Debtor estimated assets and liabilities at $10
million to $50 million.


HAREMU HOLDINGS: Wants to Use BB&T and U.S. Small Business' Cash
----------------------------------------------------------------
The Women's Health Institute of Macon, PC, and ELO Outpatient
Surgery Center, LLC, filed a joint motion seeking permission from
the U.S. Bankruptcy Court for the Middle District of Georgia to use
cash collateral.

Branch Banking and Trust Company and U.S. Small Business
Administration may claim to hold security interests in accounts
receivable and inventory of the Debtors.  BB&T and U.S. Small
Business' claims total approximately $4.20 million, plus interest.
BB&T and U.S. Small Business' claims are secured by real estate
having an appraised value of $5.50 million, plus equipment and
accounts receivable valued at over $2 million.

The Debtors say that without their use of the revenues, the value
of their property will decrease, because goodwill and going concern
value of the business will be diminished or lost.  If necessary
expenses are not paid, the Debtors will not be able to make payroll
and maintain their businesses.  Payment of these expenses is
necessary to ensure the maintenance of future revenues.  The
Debtors propose to use the revenues of operations to pay Operating
expenses incurred in the normal course of its business.

As adequate protection, the Debtors propose to grant BB&T and U.S.
Small Business post-petition security interest in post-petition
receivables and proceeds to the same extent and priority that they
held prepetition security interest in receivables to the extent of
cash collateral used.

A copy of the Debtors' request is available at:

          http://bankrupt.com/misc/gamb17-51197-8.pdf

                About Women's Health Institute

Macon, Georgia-based Women's Health Institute Of Macon PC is a
group practice with one location specializing in family medicine
and Obstetrics & Gynecology.  ELO Outpatient Surgery Center's
specialty is listed as ambulatory surgical.

Affiliated debtors Haremu Holdings, LLC (Bankr. M.D. Ga. Case No.
17-51195), The Women's Health Institute of Macon, PC (Bankr. M.D.
Ga. Case No. 17-51196), and ELO Outpatient Surgery Center, LLC
(Bankr. M.D. Ga. Case No. 17-51197) on June 5, 2017.  The petitions
were signed by Emeka Umerah, managing member.

Judge James P. Smith presides over the cases.

Wesley J. Boyer, Esq., at Boyer Law Firm, L.L.C., serves as the
Debtors' bankruptcy counsel.

Haremu Holdings estimated assets and liabilities at between $1
million and $10 million each.  The Women's Health Institute
estimated assets at between $1 million and $10 million and
liabilities between $500,000 and $1 million.  ELO Outpatient
Surgery estimated its assets between $100,000 and $500,000 and its
liabilities between $500,000 and $1 million.


HILTZ WASTE: May Use Cash Collateral Until July 18
--------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts has approved the agreed terms of Hiltz
Waste Disposal, Inc.'s further use of cash collateral through the
continued hearing, which will be held on July 18, 2017, at 11:00
a.m.

Objections to the cash collateral use must be filed by July 14,
2017, at 4:30 p.m.  

The Debtor will submit updated financials by July 14, 2017, at 4:30
p.m. for the period June 1, 2017, through Sept. 30, 2017.

A copy of the court order is available at:

          http://bankrupt.com/misc/mab16-13459-128.pdf

The Court previously approved the agreed terms of the continued
cash collateral use through the continued hearing scheduled for
June 7, 2017.

                   About Hiltz Waste Disposal

Hiltz Waste Disposal, Inc., filed a Chapter 11 petition (Bankr. D.
Mass. Case No. 16-13459) on Sept. 7, 2016.  Deborah S. Hiltz,
president, signed the petition.  The Debtor estimated assets and
liabilities at $1 million to $10 million.

The case is assigned to Judge Joan N. Feeny.  

Aaron S. Todrin, Esq., at Sassoon & Cymrot, LLP, serves as counsel
to the Debtor.  Silverman, Avila & Gershaw, CPAs, is the Debtor's
accountants.

The Official Committee of Unsecured Creditors formed in the case
retained Morrissey Wilson & Zafiropoulos, LLP, as counsel to the
Committee, effective as of Oct. 19, 2016.


IDERA INC: Moody's Affirms B3 CFR & Rates 1st Lien Loans B2
-----------------------------------------------------------
Moody's Investors Service affirmed Idera, Inc.'s B3 Corporate
Family Rating (CFR) and B3-PD Probability of Default Rating (PDR).
Concurrently, Moody's assigned a B2 rating to the company's
proposed first lien term loan and revolving credit facility and a
Caa2 rating to the proposed second lien term loan. The rating
action follows Idera's announcement of plans to refinance its debt
structure and return capital to its existing shareholders in
conjunction with a partial sale of Idera to HGGC LLC ("HGGC").
Proceeds of the financing will also be used, in part, to fund a
pending acquisition, resulting in an increase in total leverage of
roughly 2x. Moody's will withdraw the existing ratings on the
company's first and second lien credit facilities upon completion
of the planned financing. The outlook remains stable.

Moody's affirmed the following ratings:

Corporate Family Rating, B3

Probability of Default Rating, B3-PD

Moody's assigned the following ratings:

$30 Million Senior Secured First Lien Revolving Credit Facility
due 2022, B2 (LGD3)

$525 Million Senior Secured First Lien Term Loan due 2024, B2
(LGD3)

$175 Million Senior Secured Second Lien Term Loan due 2025, Caa2
(LGD5)

The ratings outlook remains stable.

RATINGS RATIONALE

The B3 CFR reflects the credit risks associated with Idera's
relatively small revenue base and narrow market focus, high
debt/EBITDA leverage (Moody's adjusted), acquisitive growth
strategy, and aggressive financial policy. Pro forma for the
pending acquisition and dividend distribution to shareholders, LTM
debt/EBITDA stood at just over 7x as of March 31, 2017 with little
deleveraging expected over the coming year. The rating also factors
in the potential for the company to pursue additional shareholder
distributions and acquisitions over the intermediate term which
could constrain deleveraging efforts. However, the risks associated
with Idera's credit profile are partially offset by the company's
largely recurring revenue base and a wide-ranging product suite
that helps database and system administrators and other application
users improve the overall availability and performance of their
information technology (IT) systems.

Idera's adequate liquidity position is supported by approximately
$10 million of pro forma cash on the company's balance sheet
following the completion of the financing as well as Moody's
expectation of nearly $40 million of free cash flow generation
before dividends in FY18 (ending March). The company's liquidity is
further bolstered by an undrawn $30 million revolving credit
facility which is subject to a springing covenant that is not
expected to be in effect over the next 12-18 months, as excess
availability should remain above minimum levels.

The stable ratings outlook reflects Moody's projection for
mid-single digit pro forma annual top-line growth over the coming
year as Idera benefits from expanding new license sales as well as
pricing on maintenance renewals. Concurrently, Moody's expects
limited margin improvement as the company begins to realize
potential cost synergies from a pending acquisition, leading to
modest deleveraging during this period.

What Could Change the Rating - Up

The ratings could be upgraded if Idera adheres to more conservative
financial policies while effectively expanding revenues and EBITDA
such that adjusted leverage and FCF/debt are expected to be
sustained around 6x and at about 5%, respectively.

What Could Change the Rating - Down

The ratings could be downgraded if Idera adopts more aggressive
financial policies, revenue contracts materially from current
levels, or the company begins to generate free cash flow deficits
leading to expectations for diminished liquidity.

The principal methodology used in these ratings was Software
Industry published in December 2015.

Idera is in the process of being acquired by HGGC which will own a
partial stake in the company with TA Associates, Idera is a
database-centric software provider and also offers clients a suite
of complementary performance monitoring and application development
tools.


INSTITUTE OF CARDIOVASCULAR: Has Until Aug. 14 to File Ch. 11 Plan
------------------------------------------------------------------
Judge Jerry Funk of the U.S. Bankruptcy Court for the Middle
District of Florida has extended Institute of Cardiovascular
Excellence, PLLC, and its affiliated Debtors' exclusive period to
file a Chapter 11 plan and disclosure statement through August 14,
2017, as well as their exclusive period in which to solicit
acceptances of a plan through October 16, 2017.

The Troubled Company Reporter has previously reported that the
Debtors told the Court that although the sale process of their
assets had already been completed, they, however, were still
examining claims and possible objections.  The Debtors asserted
that dispositions will have material impact on the formulation of a
plan.

In addition, the Debtors said that they were also attempting to
collect all receivables for the estate. The Debtors further said
that it will be in a better position to determine whether
significant distributions to unsecured creditors will be made once
the funds retrieved will be more certain, and the administrative
costs will be ascertained.

        About Institute of Cardiovascular Excellence, PLLC

Institute of Cardiovascular Excellence, PLLC, based in Ocala,
Florida, filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
16-01491) on April 20, 2016.  The petition was signed by Asad
Qamar, manager.  Judge Jerry A. Funk presides over the case.  The
Debtor estimated $0 to $50,000 in assets and $10 million to $50
million in liabilities at the time of the filing.

The Debtor is represented by Aaron A Wernick, Esq., at Furr &
Cohen, PA.  The Debtor employed Jameson Vicars of Jameson Vicars &
Co., CPAS as Accountant; Tracy Mabry Law, PA. as special counsel;
and Ackerman, LLP as special transactional counsel.

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


KEMET CORP: Projects Net Sales to Grow at 2.2% CAGR from 2017-2022
------------------------------------------------------------------
Per Loof, KEMET's chief executive officer and William M. Lowe, Jr.,
executive vice president and chief financial officer, of KEMET
Corporation, provided certain investor information, including an
investor presentation commencing on Tuesday, June 6, 2017, in San
Francisco, CA at 9:45 am pacific standard time.  The slide package
prepared by the Company for use in connection with this
presentation is furnished with the Securities and Exchange
Commission at https://is.gd/1Yg907

The Company provided the following forecast assumptions:

  * Total net sales are projected to grow at a 2.2% CAGR from
    FY 2017 to FY 2022

  * Combined gross margin is projected to expand from 23.6% in
    FY 2017 to 26.5% in FY 2022

  * Total Adjusted EBITDA (excluding unrealized synergies)
    is projected to grow at a 7.8% CAGR from FY 2017 to FY
    2022.  Depreciation expense of approximately $57 million
    prior to purchase accounting effcts

  * Synergies of $11.3 million, $11 million and $8.4 million
    are projected for FY 2018, FY 2019 and FY 2020, respectively

  * One-time equivalent cash costs to achieve projected
    overhead reductions of $9 million, $7 million and $4
    million in FY 2018, FY 2019 and FY 2020, respectively

  * Capital expenditures are projected to increase to support
    increased production capacity to meet additional demand,
    primarily for polyer products

  * Working capital is projected to remain consistent as a
    percentage of Net Sales.

All of the information in the slide package is presented as of June
6, 2017, and the Company does not assume any obligation to update
such information in the future.  

                         About KEMET

KEMET Corporation (NYSE:KEM) -- http://www.kemet.com/-- is a
manufacturer of passive electronic components.  The Company
operates in two segments: Solid Capacitors, and Film and
Electrolytic.  The Solid Capacitors segment primarily produces
tantalum, aluminum, polymer and ceramic capacitors.  The Film and
Electrolytic Business Group produces film, paper and wet aluminum
electrolytic capacitors.

Kemet Corp reported net income of $47.98 million for the year ended
March 31, 2017, following a net loss of $53.62 million for the year
ended March 31, 2016.

As of March 31, 2017, Kemet Corp had $734.52 million in total
assets, $579.85 million in total liabilities and $154.67 million in
total stockholders' equity.

In April 2017, S&P Global Ratings raised its corporate credit
rating on KEMET to 'B' from 'B-'.  The outlook is stable.  S&P's
upgrade of KEMET is based on S&P's view that post-transaction,
KEMET will be able to generate free cash flow of over $20 million
annually, due to considerably lower interest expense and
significant progress reducing operating expenses.

In April 2017, Moody's Investors Service upgraded KEMET's corporate
family rating to 'B3' from 'Caa1'.  The 'B3' CFR reflects the
anticipated refinancing of the Senior Notes, which will resolve a
significant near term liquidity risk to the company, and the
anticipated closing of the acquisition of NT.  To the extent KEMET
is unsuccessful in refinancing the Senior Notes, the rating could
be pressured.

                         *   *    *

This concludes the Troubled Company Reporter's coverage of KEMET
Corporation until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at
a level sufficient to warrant renewed coverage.


LABELLE TRADING: Case Summary & 2 Unsecured Creditors
-----------------------------------------------------
Debtor: LaBelle Trading Post, LLC
        10 Hickpoochee Avenue
        Labelle, FL 33935

Business Description: LaBelle Trading listed its business a a
                      single asset real estate as (as defined in
                      11 U.S.C. Section 101(51B)).  The Company
                      owns a fee simple interest in a property
                      located at 10 Hickpoochee Avenue  
                      Labelle, Florida with a current value of
                      $1.4 million.  It posted gross revenue
                      of $60,000 in 2016 and gross revenue of
                      $60,000 in 2015.

Chapter 11 Petition Date: June 13, 2017

Case No.: 17-05098

Court: United States Bankruptcy Court
       Middle District of Florida (Ft. Myers)

Debtor's Counsel: Richard A Johnston, Jr., Esq.
                  JOHNSTON LAW, PLLC
                  7370 College Parkway, Suite 207
                  Fort Myers, FL 33907
                  Tel: 239-600-6200
                  Fax: 877-727-4513
                  E-mail: richard@richardjohnstonlaw.com

Total Assets: $1.4 million

Total Liabilities: $2.87 million

The petition was signed by Oqab Abuoqab, manager.

The Debtor's list of two unsecured creditors is available for free
at http://bankrupt.com/misc/flmb17-05098.pdf


MAJORCA ISLES: Unsecureds to Get Full Payment in Cash Plus Interest
-------------------------------------------------------------------
Barry E. Mukamal, as Chapter 11 Trustee of Majorca Isles Master
Association, Inc., filed with the U.S. Bankruptcy Court for the
Southern District of Florida a disclosure statement dated June 5,
2017, referring to the Debtor's plan of reorganization.

General Unsecured Claims (Class 1) are unimpaired by the Plan.
Each holder of an Allowed General Unsecured Claim will receive
their pro rata share of the beneficial interests in the Creditor
Trust and as beneficiary of the Creditor Trust will receive, on the
first distribution date, the full amount of their claim in cash
plus interest from the Petition Date at the rate specified in 28
U.S.C. Section 1961, for the calendar week preceding the First
Distribution Date.

The claim of Rapid Security Solutions, LLC, arising from the court
order dated April 14, 2017, granting the Trustee's motion to incur
post-petition secured debtor for security gate construction project
is not classified by the Plan, but instead, will be treated as a
post-petition obligation of the Debtor which will be unaffected by
the confirmation of the Plan or the occurrence of the Effective
Date.  The Creditor Trust and the Reorganized Debtor, as
applicable, will honor the obligations of the Debtor to Rapid
Security in the ordinary course of business.  Notwithstanding
anything to the contrary, the Trustee or the Creditor Trustee, as
applicable, will have the right to satisfy the claim of Rapid
Security in full on or after the Effective Date.

On the Effective Date, title to and control in the estate property
will vest in the Creditor Trust free and clear of all liens,
encumbrances, or interests of any kind, which estate property
includes: (i) all cash of the Debtor; (ii) all accounts receivable
of the Debtor; (iii) all rights to collect assessments owed to the
Debtor; (iv) all assets of the Debtor as of the Effective Date; and
(v) the rights to the D.R. Horton Proceeds and all beneficial
rights under the D.R. Horton Settlement.  The Trustee will have the
power and authority to enter into the Creditor Trust Agreement on
the Effective Date.

On the Effective Date, Barry E. Mukamal of KapilaMukamal will act
as the Creditor Trustee.  The Creditor Trustee will be free to act
as he deems appropriate, in his discretion, to effectuate the terms
of the Plan and the Creditor Trust Agreement.

A copy of the Disclosure Statement is available at:

           http://bankrupt.com/misc/flsb12-19056-382.pdf

Majorca Isles Master Association, Inc., filed a Chapter 11 petition
(Bankr. S.D. Fla. Case No. 12-19056) on April 13, 2012, listing
under $1 million in both assets and debts.  A copy of the petition
is available at:

            http://bankrupt.com/misc/flsb12-19056p.pdf


MAMAMANCINI'S HOLDINGS: CEO Wolf Hikes Equity Stake to 20.7%
------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Carl T. Wolf and Marion F. Wolf disclosed that as of
April 30, 2017, they beneficially own 5,770,858 shares of common
stock of MamaMancini's Holdings, Inc., representing 20.75 percent
of the shares outstanding.  Mr. Wolf is the chief executive officer
of the Company.  Ms. Wolf is the wife of Carl T. Wolf.

Mr. and Ms. Wolf acquired the reported 5,770,858 shares of the
Company's common stock as follows:

   On January 24, 2013, pursuant to an Acquisition Agreement and
   Plan of Merger by and among, the Company, Mascot Properties
   Acquisition Corp., David Dreslin and MamaMancini's, Inc., Mr.
   Wolf was appointed chief executive officer and was issued
   5,154,255 shares of the Company's common stock, (b) between
   Jan. 24, 2013, and April 30, 2016, the reporting person
   acquired an additional 355,302 shares of the Company's common
   stock, principally in the form of compensation by stock in lieu
   of cash and purchases in the open market; (c) between May 1,
   2016 and July 31, 2016, the reporting person acquired an
   additional 50,646 shares as stock in lieu of compensation and
   13,513 shares as dividends on Series A Preferred Stock, (d)
   between Aug. 1, 2016, and Oct. 31, 2016, the reporting person
   acquired an additional 76,844 shares in lieu of compensation
   and 22,222 shares as dividends on Series A Preferred Stock, (e)
   between Nov. 1, 2016 and Jan. 31, 2017, the reporting person
   acquired an additional 61,475 shares in lieu of compensation
   and 15,385 shares as dividends on Series A Preferred Stock and
   (f) between Feb. 1, 2017, and April 30, 2017, the reporting
   person acquired an additional 39,557 shares in lieu of
   compensation and 10,527 shares as dividends on Series A
   Preferred Stock.  

Mr. Wolf holds sole voting and dispositive power over the Shares as
issued to him.

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

                      https://is.gd/xghdVB

                 About MamaMancini's Holdings

MamaMancini's Holdings, Inc., produces and distributes prepared,
frozen, and refrigerated food products primarily in the United
States.  The company offers beef, turkey, chicken, and pork
meatballs with sauce; meatloaf, stuffed peppers, baked ziti, and
specialty items; and other meat and sauce products.  It sells its
products to supermarkets and mass-market retailers, as well as
through food distributors and a commission broker network.
MamaMancini's Holdings was founded in 2010 and is headquartered in
East Rutherford, New Jersey

MamaMancini's reported a net loss available to common stockholders
of $494,061 on $18.04 million of sales for the year ended Jan. 31,
2017, compared to a net loss available to common stockholders of
$3.57 million on $12.60 million of sales for the year ended
Jan. 31, 2016.  

As of Jan. 31, 2017, MamaMancini's had $6.31 million in total
assets, $5.31 million in total liabilities and $999,376 in total
stockholders' equity.


MAMAMANCINI'S HOLDINGS: President Holds 19.5% Equity Stake
----------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Matthew Brown and Karen B. Wolf reported that as of
April 30, 2017, they beneficially own 5,425,783 shares of common
stock, par value $0.00001 per share, of MamaMancini's Holdings,
Inc., representing 19.51 percent of the shares outstanding.

Mr. Brown is the president of the Company.  Ms. Wolf is the wife of
Matthew Brown.  Mr. Brown holds sole voting and dispositive power
over the Shares as issued to him.

On April 30, 2017, Mr. Brown received 18,987 shares of Company
stock in lieu of cash compensation for the period Feb. 1, 2017,
through April 30, 2017, and 1,053 shares as dividends on Series A
Preferred Stock.

"Neither Mr. Brown nor Ms. Wolf have any current plans or proposals
which relate to or would result in: (a) the acquisition by either
Mr. Brown or Ms. Wolf of additional securities of the Issuer, or
the disposition of securities of the Issuer; (b) an extraordinary
corporate transaction, such as a merger, reorganization or
liquidation, involving the Issuer or any of its subsidiaries; (c) a
sale or transfer of a material amount of assets of the Issuer or
any of its subsidiaries; (d) any change in the present board of
directors or management of the Issuer, including any plans or
proposals to change the number or term of directors or to fill any
existing vacancies on the board; (e) any material change in the
present capitalization or dividend policy of the Issuer; (f) any
other material change in the Issuer's business or corporate
structure; (g) any change in the Issuer's charter, bylaws or
instruments corresponding thereto or other actions which may impede
the acquisition of control of the Issuer by any person; (h) causing
a class of securities of the Issuer to be delisted from a national
securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities
association; (i) a class of equity securities of the Issuer
becoming eligible for termination of registration pursuant to
section 12(g)(4) of the Exchange Act; or (j) any action similar to
any of those enumerated above," as disclosed in the regulatory
filing.

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

                     https://is.gd/dcDJ54

                About MamaMancini's Holdings


MamaMancini's Holdings, Inc., produces and distributes prepared,
frozen, and refrigerated food products primarily in the United
States.  The company offers beef, turkey, chicken, and pork
meatballs with sauce; meatloaf, stuffed peppers, baked ziti, and
specialty items; and other meat and sauce products.  It sells its
products to supermarkets and mass-market retailers, as well as
through food distributors and a commission broker network.
MamaMancini's Holdings was founded in 2010 and is headquartered in
East Rutherford, New Jersey

MamaMancini's reported a net loss available to common stockholders
of $494,061 on $18.04 million of sales for the year ended Jan. 31,
2017, compared to a net loss available to common stockholders of
$3.57 million on $12.60 million of sales for the year ended
Jan. 31, 2016.  

As of Jan. 31, 2017, MamaMancini's had $6.31 million in total
assets, $5.31 million in total liabilities and $999,376 in total
stockholders' equity.


MARSH SUPERMARKETS: Has $24M Deals for Sale of 26 Core Stores
-------------------------------------------------------------
Marsh Supermarkets Holding, LLC, et al., ask the U.S. Bankruptcy
Court for the District of Delaware to authorize the sale of (a) 11
core stores to Topvalco, Inc., for a total purchase price of
approximately $16 million and (b) 15 core stores to Generative
Growth II, LLC, for a total purchase price of approximately $8
million.

The Debtors filed a reply in support of their motion for entry of
an order (i) scheduling a hearing on the approval of the sale of
all or substantially all of their assets free and clear of all
encumbrances, and the assumption and assignment of certain
executory contracts and unexpired leases, (ii) approving certain
bidding procedures, assumption and assignment procedures, and bid
protections and the form and manner of notice thereof, and (iii)
granting related relief; and (b) an order (i) approving
asset purchase agreement, (ii) authorizing the sale of all or
substantially all of the Debtors' assets free and clear of all
encumbrances, (iii) authorizing the assumption and assignment of
certain executory contracts and unexpired leases, and (iv) granting
related relief.  A copy of the reply is available at:

          http://bankrupt.com/misc/deb17-11066-313.pdf

The Debtors submit that the sale of the Core Stores to the
successful bidders, as provided for in the APAs, represents the
best opportunity for the Debtors to enhance the value of their
estates and maximize recoveries for the benefit of all stakeholders
in the Chapter 11 cases.

The Debtors, along with their investment banker, Peter J. Solomon
Company, have worked diligently since prior to the Petition Date to
maximize the value of their assets for the benefit of all
stakeholders.  As part of this strategy, the Debtors have actively
engaged in marketing efforts to sell their core stores, which
collectively represent the Debtors' most valuable store locations.


The Debtors have received several formal and informal objections to
the sale transactions, certain of which remain unresolved as of the
filing of this Reply, including the objection filed by CVS
Pharmacies, Inc.  The Debtors respectfully submit that the Court
should overrule the CVS Sale Objection, as well as any additional
unresolved objections (with the exception of any objections that
are being adjourned), and approve the Sale Transactions.

On the Petition Date, the Debtors filed the Sale Motion, seeking
approval of: (a) certain bidding procedures with respect to the
sale of the Assets; and (b) the Sale Transactions.  On May 30,
2017, the Court entered an order approving the bidding procedures.
The Debtors commenced the Auction for the Assets on June 12, 2017,
pursuant to the Bidding Procedures Order.  

Certain Counterparties to the assumed contracts, as well as certain
other parties, have filed objections in connection with the Sale
Transactions.  The Debtors also received certain objections
relating to the Debtors' proposed assumption and assignment of the
Assumed Contracts to the Proposed Purchasers.
The Debtors intend to work with the respondents to resolve the
Contract Objections prior to the Sale Hearing.

On May 30, 2017, Judge Brendan L. Shannon entered an order
scheduling for June 14, 2017, at 9:30 a.m. (ET) the hearing on the
approval of the sale of all or substantially all of the Debtors'
assets to a potential stalking horse purchaser.

Vince Sullivan, writing for Bankruptcy Law360, reports that the
Debtor received court approval for a shortened timeline to auction
its assets after agreeing to extend the deadline by which it will
identify a stalking horse bidder.  Robert F. Poppiti Jr., Esq., at
Young Conaway Stargatt & Taylor LLP, the attorney for the Debtor,
told the Court that the Debtor was happy to add a week to the
stalking horse designation deadline but said that any potential
baseline bidder may want to have bid protections in place, Law360
relates.

                    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.

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) on May 11, 2017.  As of the Petition Date, Marsh operated
60 stores in Indiana and Ohio, and had a workforce of approximately
4,400 employees.  The cases are pending before the Honorable
Brendan Linehan Shannon.

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

Andrew R. Vara, Acting U.S. Trustee for Region 3, on May 18, 2017,
appointed seven creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case.  The Committee retained
Bayard, P.A., and Cooley LLP as counsel.


MASSIMO'S CAFE: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Massimo's Cafe, LLC
        261 Meadowbrook Road
        Robinsville, NJ 08691

Business Description: Massimo's Cafe listed its business as a
                      single asset real estate as defined in
                      11 U.S.C. Section 101(51B).  Its principal
                      assets are located at 1633 Hamilton Avenue
                      Trenton, NJ 08629.

Chapter 11 Petition Date: June 13, 2017

Case No.: 17-22139

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

Judge: Hon. Kathryn C. Ferguson

Debtor's Counsel: Edmond M. George, Esq.
                  OBERMAYER REBMANN MAXWELL & HIPPEL LLP
                  Centre Square West
                  1500 Market Street, Suite 3400
                  Philadelphia, PA 19102
                  Tel: 215-665-3140
                  E-mail: edmond.george@obermayer.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Vincenzo Mazzella, authorized
representative.

The Debtor did not file a 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/njb17-22139.pdf


MILFORD CRAFT: Taps Fleischer Law as Legal Counsel
--------------------------------------------------
Milford Craft, LLC seeks approval from the U.S. Bankruptcy Court
for the District of Connecticut to hire legal counsel in connection
with its Chapter 11 case.

The Debtor proposes to hire Fleischer Law, LLC to, among other
things, give legal advice regarding its business and operations,
institute litigation to enforce its rights, and negotiate with
creditors regarding the treatment of their claims under a plan of
reorganziation.

Robert Fleischer, Esq., principal of the firm, will charge an
hourly fee of $350 for his services.  Paralegal services will be
billed at $175 per hour.

Prior to the Debtor's bankruptcy filing, the firm received a
retainer of $5,217 from Harrison, Vickers & Waterman Inc., which
owns 51% interest in the Debtor.

Mr. Fleischer disclosed in a court filing that he and his firm are
"disinterested" as defined in section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Robert M. Fleischer, Esq.
     Fleischer Law, LLC
     12 Centennial Drive
     Milford, CT 06461
     Tel: 203-283-3369
     Email: robf@ctnylaw.com

                     About Milford Craft LLC
   
Milford Craft, LLC runs a franchise bar and restaurant called
"World of Beer" in Milford, Connecticut.  

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Conn. Case No. 17-30847) on June 6, 2017.  James D.
Cecil, manager of New England WOB LLC, signed the petition.  

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

Judge Ann M. Nevins presides over the case.


MOORINGS REGENCY: Taps Johnson Pope as Legal Counsel
----------------------------------------------------
Moorings Regency, LLC seeks approval from the U.S. Bankruptcy Court
for the Middle District of Florida to hire Johnson, Pope, Bokor,
Ruppel & Burns, LLP.

The firm will serve as legal counsel to Moorings and its affiliates
Griffin Regency, LLC and NJO Regency, LLC in connection with their
Chapter 11 cases.   

Michael Markham, Esq., the attorney designated to represent the
Debtor, will charge an hourly fee of $395.

Mr. Markham disclosed in a court filing that no attorney in his
firm represents a creditor or person adverse to the Debtors and
their bankruptcy estates.

The firm can be reached through:

     Michael C. Markham, Esq.
     Johnson, Pope, Bokor, Ruppel & Burns, LLP
     P.O. Box 1100 (33601-1100)
     401 E. Jackson St., Suite 3100
     Tampa, FL 33602
     Tel: 813-225-2500
     Fax: 813-223-7118
     Email: Mikem@jpfirm.com

                     About Moorings Regency

Moorings Regency, LLC, Griffin Regency, LLC, and NJO Regency, LLC,
are single asset real estate debtors that continue to operate as
debtors-in-possession.

The Debtors filed Chapter 11 petitions (Bankr. M.D. Fla. Case Nos.
17-04920, 17-04921 and 17-04922, respectively) on June 6, 2017.
Barry Spencer, managing member of Moorings Regency, signed the
petitions.  The cases are jointly administered.

At the time of the filing, both Moorings Regency and Griffin
Regency estimated their assets and liabilities at $10 million to
$50 million.


MOTORWORLD INC: Trial Court Must Reconsider $1.4M Judgment
----------------------------------------------------------
Jeannie O'Sullivan, writing for Bankruptcy Law360, reports that the
New Jersey Appellate Division has ruled that the trial court must
rethink a $1.4 million judgment awarded to Motorworld Inc. and
against Benks Land Services Inc. and its owner, William
Benkendorf.

Law360 shares that the matter came before the Appellate Division on
remand from the New Jersey Supreme Court.  According to Law360, the
state Supreme Court had found that a debt release arrangement
between the Company and the landscaper was fraudulent.  Citing the
Appellate Division, Law360 relates that the trial judge who
authorized the judgment "provided no explanation for so quantifying
the award," and seems to have merely accepted the calculations
provided by the Chapter 7 trustee of MotorWorld's bankrupt owner.

Law360 recalls that the justices in March invalidated an agreement
in which Motorworld would forgive Benks' debt -- which stemmed from
a $600,000 loan that ballooned due to interest and late penalties
-- in exchange for Mr. Benkendorf's agreement not to go after
Motorworld's sole shareholder, Carole Salkind, over the $1 million
in unpaid bills owed to his company.  

Law360 says that the high court found that the arrangement amounted
to fraudulent transfer because Ms. Salkind became insolvent as a
result and thus received no value from the transfer, and ordered
the appeals court to reconsider the trial court's $1.4 million
award to Motorworld.

Since the trial court believed the parties had actually intended to
release the debt, then Benks' arguments regarding the amount of
interest and penalties to which Motorworld was entitled should be
reconsidered, Law360 states, citing the Appellate Division.  The
report quoted the Appellate Division as saying, "Until the trustee
alleged and proved that the release, by operation of law, could not
be sustained, none of the parties to the transaction actually
believed Benks owed Motorworld anything.  We, thus, remand to the
trial judge to reconsider the amount of the judgment in light of
this circumstance."

Motorworld Inc. is a defunct company owned by Morton and Carole
Salkind.


NORTHERN POWER: Berylson Master Reports 7.13% Stake as of June 5
----------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, Berylson Master Fund, LP, Berylson Capital Partners,
LLC and James Berylson disclosed that as of June 5, 2017, they
beneficially own 1,684,500 shares of common stock of Northern Power
Systems Corp. representing 7.13% of the shares outstanding.

Mr. Berylson is the sole owner and managing member of Berylson
Capital.  Each of the Reporting Persons disclaims beneficial
ownership of the shares reported except to the extent of its or his
pecuniary interest.

The percentages are calculated based upon Northern Power's
Quarterly Report on Form 10-Q, as filed with the SEC on May 12,
2017, stating that there were 23,613,884 outstanding shares of
common stock, no par value, of the Issuer as of May 12, 2017.  

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

                      https://is.gd/2QeA6k

                  About Northern Power Systems

Northern Power Systems -- http://www.northernpower.com/-- designs,
manufactures, and sells wind turbines and power technology
products, and provides engineering development services and
technology licenses for energy applications, into the global
marketplace from its U.S. headquarters and European offices.

As of March 31, 2017, Northern Power had $22.38 million in total
assets, $26.09 million in total liabilities and a total
shareholders' deficiency of $3.71 million.  Northern Power reported
a net loss of $8.94 million for the year ended Dec. 31, 2016,
following a net loss of $7.79 million for the year ended Dec. 31,
2015.


NOVABAY PHARMACEUTICALS: Inks New Employment Agreement With CEO
---------------------------------------------------------------
NovaBay Pharmaceuticals, Inc., and Chief Executive Officer Mark
Sieczkarek executed a new employment agreement on June 2, 2017.

The Employment Agreement provides for at-will employment and a term
commencing on June 1, 2017, and continuing for one year unless
earlier terminated.  The Employment Agreement includes an annual
base salary of $440,000 and a stock option award of 250,000 shares
of the Company's common stock.  The Option will be awarded at such
time as the pool of stock options available pursuant to the
Company's 2017 Omnibus Incentive Plan is sufficient to support such
Option grant.  One-fourth of the shares subject to the Option will
vest on Jan. 31, 2018, in direct proportion to the percentage
achievement of the stated 2017 corporate goals, as approved and
determined by the Board.  The remaining three-fourths of the shares
subject to the Option will vest in equal parts on Jan. 31, 2019,
Jan. 31, 2020, and Jan. 31, 2021, in direct proportion to the
percentage achievement of the stated corporate goals for the
previous fiscal year of that date.  The Option will be fully vested
and exercisable on Jan. 31, 2021, subject to Mr. Sieczkarek
continuing to be an employee (or otherwise providing services to
the Company) through the relevant vesting dates.

In addition, Mr. Sieczkarek will have the opportunity to earn an
annual performance bonus in an amount up to 50% of his Base Salary;
the final amount of the Annual Bonus will be determined by the
Board or the Compensation Committee of the Board in consultation
with Mr. Sieczkarek, based upon mutually agreed, written
performance objectives.  The Committee will have the sole
discretion to pay any or all of the Annual Bonus in the form of
equity compensation.  Any such equity compensation will be issued
from the Plan and will be fully vested upon payment or issuance, as
the case may be.

Mr. Sieczkarek also will have the opportunity to earn a performance
bonus; the final amount and composition of the Long-Term Bonus will
be determined by the Committee in consultation with Mr. Sieczkarek,
based upon mutually agreed, written performance objectives.  The
Committee will have the sole discretion to pay any or all of the
Long-Term Bonus in the form of equity compensation.  Any such
equity compensation will be issued from the Plan and will be fully
vested upon payment or issuance, as the case may be.

In the event the Company terminates Mr. Sieczkarek for cause (as
defined in the Employment Agreement) or Mr. Sieczkarek resigns
(except in connection with a constructive termination (as defined
in the Employment Agreement)), he will be entitled to any earned
but unpaid wages or other compensation (including reimbursements of
his outstanding expenses and unused vacation) earned through the
termination date.

In the event the Company terminates Mr. Sieczkarek without cause
(including death, long-term disability or for constructive
termination) (each as defined in the Employment Agreement), he
shall be entitled to (i) an amount equal to 18 months of his
then-current Base Salary, plus (ii) an amount equal to the cash
portion of his target Annual Bonus for the fiscal year in which
termination occurs (with it deemed that all performance goals have
been met at one hundred percent (100%) of budget or plan).  This
severance payment shall be made in one lump sum 30 days following
Mr. Sieczkarek's termination.  The Company also will reimburse Mr.
Sieczkarek's COBRA premiums for a period of eighteen (18) months
following his termination.  Finally, at the time of his
termination, all equity awards that would have vested in connection
with Mr. Sieczkarek's continued service to the Company over the
next 18 months will automatically vest.

In the event the Company terminates Mr. Sieczkarek in connection
with a change of control, then subject to his execution, delivery
and non-revocation of a release of claims, he will be entitled to
(i) an amount equal to twice his Base Salary, plus (ii) an amount
equal to one and one-half times his target Annual Bonus for the
fiscal year in which termination occurs.  The Company also shall
reimburse Mr. Sieczkarek's COBRA premiums for a period of 18 months
following his termination.

                 About NovaBay Pharmaceuticals

NovaBay Pharmaceuticals is a biopharmaceutical company focusing on
the commercialization of prescription Avenova lid and lash hygiene
for the domestic eye care market.  Avenova is formulated with
Neutrox which is cleared by the U.S. Food and Drug Administration
(FDA) as a 510(k) medical device.  Neutrox is NovaBay's proprietary
pure hypochlorous acid.  Laboratory tests show that hypochlorous
acid has potent antimicrobial activity in solution yet is non-toxic
to mammalian cells and it also neutralizes bacterial toxins.
Avenova is marketed to optometrists and ophthalmologists throughout
the U.S. by NovaBay's direct medical salesforce.  It is accessible
from more than 90% of retail pharmacies in the U.S. through
agreements with McKesson Corporation, Cardinal Health and
AmeriSource Bergen.

Novabay reported a net loss of $13.15 million on $11.89 million of
total net sales for the year ended Dec. 31, 2016, compared to a net
loss of $18.97 million on $4.38 million of total net sales for the
year ended Dec. 31, 2015.  

As of Dec. 31, 2016, Novabay had $15.38 million in total assets,
$8.28 million in total liabilities and $7.10 million in total
stockholders' equity.


NOVABAY PHARMACEUTICALS: Stockholders Elected Three Directors
-------------------------------------------------------------
NovaBay Pharmaceuticals, Inc., held its 2017 annual meeting on
June 2, 2017, at which the Company's stockholders:

   (a) elected Mark M. Sieczkarek, Mijia (Bob) Wu and Todd
       Zavodnick to the Board of Directors to hold office for a
       term of three years and until their respective successors
       are elected and qualified;

   (b) ratified NovaBay's amendment to the 2007 Omnibus Incentive
       Plan as previously approved by stockholders at the
       Company's adjourned and reconvened 2016 Annual Meeting,
       which increased the number of shares reserved for issuance
       under the 2007 Plan by 1,124,836 shares;

   (c) approved the NovaBay Pharmaceuticals, Inc. 2017 Omnibus
       Incentive Plan; and

   (d) ratified the appointment by the Company's Audit Committee
       of OUM & Co. LLP as the Company's independent registered
       public accounting firm for the fiscal year ending Dec. 31,
       2017.

There were 15,309,175 outstanding shares entitled to vote and there
were 12,135,955 shares present in person or by proxy at the 2017
Annual Meeting, representing 79% of the shares outstanding and
entitled to vote.

                 About NovaBay Pharmaceuticals

NovaBay Pharmaceuticals is a biopharmaceutical company focusing on
the commercialization of prescription Avenova lid and lash hygiene
for the domestic eye care market.  Avenova is formulated with
Neutrox which is cleared by the U.S. Food and Drug Administration
(FDA) as a 510(k) medical device.  Neutrox is NovaBay's proprietary
pure hypochlorous acid.  Laboratory tests show that hypochlorous
acid has potent antimicrobial activity in solution yet is non-toxic
to mammalian cells and it also neutralizes bacterial toxins.
Avenova is marketed to optometrists and ophthalmologists throughout
the U.S. by NovaBay's direct medical salesforce.  It is accessible
from more than 90% of retail pharmacies in the U.S. through
agreements with McKesson Corporation, Cardinal Health and
AmeriSource Bergen.

Novabay reported a net loss of $13.15 million on $11.89 million of
total net sales for the year ended Dec. 31, 2016, compared to a net
loss of $18.97 million on $4.38 million of total net sales for the
year ended Dec. 31, 2015.  

As of Dec. 31, 2016, Novabay had $15.38 million in total assets,
$8.28 million in total liabilities and $7.10 million in total
stockholders' equity.


ORIGINAL SOUPMAN: Files Chapter 11 Bankruptcy Protection
--------------------------------------------------------
Soupman, Inc., a producer and marketer of high-quality branded
soups bearing the name "Original Soupman", on June 13, 2017,
disclosed that it has filed for Chapter 11 bankruptcy protection.

SM also disclosed that it has secured a new $2 million
debtor-in-possession credit facility ("DIP") from an independent
third-party private investment firm to finance its working capital
needs and allow business operations to continue as normal.

Michael Wyse of Wyse Advisors, LLC, has been hired as Chief
Restructuring Officer and Interim Chief Financial Officer of SM.

"The combination of legacy liabilities and recent company
developments have made it necessary to seek bankruptcy protection.
This will ensure that our delicious soups remain on grocery shelves
throughout the country which is in the best interests of all of our
stakeholders and customers."

"The ongoing support from our lender through our new DIP facility
will allow us to continue business operations as normal.  We
anticipate that there will be no disruption in the quality of our
product or service that we provide to our vendors and customers
during this transition period," said Jamie Karson, CEO.

The  Chapter 11 petition was filed in the United States Bankruptcy
Court in Delaware.  The law firm of Polsinelli is advising SM as
bankruptcy counsel.

                        About Soupman Inc.

Staten Island, New York-based Soupman, Inc. (otcqb:SOUP)("SM") --
http://www.originalsoupman.com-- currently manufactures and sells
soup to grocery chains and other outlets and to its franchised
restaurants under the brand name "The Original Soupman".

The Company reported a net loss of $299,000 on $756,000 of total
revenue for the three months ended May 31, 2014, as compared with a
net loss of $521,000 on $496,000 of total revenue for the same
period last year.

The Company's balance sheet at May 31, 2014, showed $1.17 million
in total assets, $10.96 million in total liabilities, and a
stockholders' deficit of $9.79 million.


ORIGINAL SOUPMAN: Voluntary Chapter 11 Case Summary
---------------------------------------------------
Lead Debtor: The Original Soupman, Inc.
             1110 South Ave., Suite 100
             Staten Island, NY 10314

Business Description: Soupman, Inc. -- http://originalsoupman.com/
                      -- manufactures and sells soups in three
                      channel segments under the brand name
                      "Original Soupman".  In the grocery and club
                      store segment, the Company's soups can be
                      purchased in stores such as Kroger, Publix,
                      Safeway, Shoprite, Bi-Lo Winn Dixie, Acme,
                      Shaws, HEB and Costco.  It packages its
                      soups in Tetra Recart shelf stable cartons,
                      allowing for maximum shelf life and
                      freshness in every carton without
                      preservatives.

Chapter 11 Petition Date: June 13, 2017

Affiliated debtors that filed Chapter 11 bankruptcy petitions:

     Debtor                                       Case No.
     ------                                       --------
     The Original Soupman, Inc.                   17-11313
     Soupman, Inc.                                17-11314
     Kiosk Concepts, Inc.                         17-11315

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Debtors' Counsel: Christopher A. Ward, Esq.
                  Jarrett Vine, Esq.
                  POLSINELLI PC
                  222 Delaware Avenue, Suite 1101
                  Wilmington, DE 19801
                  Tel: 302-252-0920
                  Fax: 302-252-0921
                  E-mail: cward@polsinelli.com
                          jvine@polsinelli.com

Debtors'
Restructuring
Advisor:          Michael Wyse
                  WYSE ADVISORS, LLC
                  85 Broad St, 18th Floor
                  New York, NY 10004
                  www.wyseadvisorsllc.com
                  Tel: (646) 854-5318
                  Fax: (917) 553-5883
                  E-mail: mwyse@wyseadvisorsllc.com

Debtors'
Notice &
Claims
Agent:           EPIQ BANKRUPTCY SOLUTIONS, INC.
                 Web site: http://dm.epiq11.com

Soupman Inc.'s
Total Assets: $1.37 million as of Feb. 28, 2017

Soupman Inc.'s
Total Liabilities: $11.92 million as of Feb. 28, 2017

The petitions were signed by Jamieson Karson, chief executive
officer.

The Debtors each did not file a list of their 20 largest unsecured
creditors on the Petition Date.

Full-text copies of the petitions are available for free at:

          http://bankrupt.com/misc/deb17-11313.pdf
          http://bankrupt.com/misc/deb17-11314.pdf
          http://bankrupt.com/misc/deb17-11315.pdf


P3 FOODS: Has Access to PNC's Cash Collateral Until July 11
-----------------------------------------------------------
The Hon. Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois has entered a ninth interim order
authorizing P3 Foods, LLC, to use cash collateral of PNC Equipment
Finance, LLC, to pay ordinary and necessary business expenses
through July 11, 2017.

A hearing to consider the continued use of cash collateral is set
for July 11, 2017, at 10:00 a.m.

PNC is granted and will have postpetition replacement liens.  To
the extent that the use of PNC's cash collateral results in
diminution of PNC's interest in cash collateral as of the Petition
Date in excess of the value of the adequate protection liens, then
PNC will have a claim pursuant to Sections 503(b) and 507(b) of the
Bankruptcy Code which will have priority over all.

The Debtor will make an adequate protection payment of $16,428 to
PNC.  This payment is intended to be adequate protection for the
Debtor's use of the cash collateral during the term of the ninth
interim court order.  This payment will be applied to the amounts
due under PNC's claim consistent with the provisions of the loans,
subject to reallocation as deemed appropriate by the Court.  The
Debtor and PNC reserve their respective rights related to the
adequate protection payments provided in.  

20/20 Franchise Funding LLC and Leaf Capital Funding LLC are also
granted, as adequate protection, a postpetition replacement lien.
In addition on or before June 13, 2017, the Debtor will make these
payments of $4,835 to 20/20 Franchise Funding and $797 to Leaf
Capital.

A copy of the court order is available at:

          http://bankrupt.com/misc/ilnb16-32021-117.pdf

                      About P3 Foods, LLC

P3 Foods, LLC, which operates nine Burger King franchises in
Minneapolis, Minnesota, filed a chapter 11 petition (Bankr. N.D.
Ill. Case No. 16-32021) on Oct. 6, 2016.  

The case is assigned to Judge Donald Cassling.  

The Debtor tapped Richard L. Hirsh, Esq., at Richard L. Hirsh,
P.C., as counsel.  The Debtor also engaged Aldridge Chasewater LLC
as accountant.

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


PETROLEUM SPECIALTY: Case Summary & 4 Unsecured Creditors
---------------------------------------------------------
Debtor: Petroleum Specialty Rental, LLC
        P.O. Box 2905
        Morgan City, LA 70381-2905

Business Description: Petroleum Specialty is a small business
                      Debtor as defined in 11 U.S.C. Section
                      101(51D).  It is an oil & natural gas
                      company located in Morgan City, Louisiana.
                      The Company posted gross revenue of $808,642
                      for 2016 and gross revenue of $2.03 million
                      for 2015.

Chapter 11 Petition Date: June 13, 2017

Case No.: 17-50747

Court: United States Bankruptcy Court
       Western District of Louisiana (Lafayette)

Judge: Hon. Robert Summerhays

Debtor's Counsel: William C. Vidrine, Esq.
                  VIDRINE & VIDRINE, PLLC
                  711 West Pinhook Road
                  Lafayette, LA 70503
                  Tel: (337) 233-5195
                  Fax: (337) 233-3897
                  E-mail: williamv@vidrinelaw.com

Total Assets: $609,954

Total Liabilities: $1.69 million

The petition was signed by John Patrick Williamson, chief operating
officer.

The Debtor's list of four unsecured creditors is available for free
at http://bankrupt.com/misc/lawb17-50747.pdf


RADIOLOGY SUPPORT: Backlogs Reduced; Further Cash Access Sought
---------------------------------------------------------------
Radiology Support Devices, Inc., submitted to the U.S. Bankruptcy
Court for the Central District of California its evidence and
status report regarding its operations in support of its request
for continued use of cash collateral through Sept. 30, 2017.

The Debtor's current cash collateral authority expires June 30,
2017. Accordingly, the Debtor requests authorization to use cash
collateral consistent with the Cash Collateral Order entered by the
Court on March 30, 2017 governing the first interim cash collateral
use period, and to exceed the amounts set forth in the Budget by
15% of the budget total provided that, if the Debtor's revenues
increase above the projections in Debtor's operating budget, the
Debtor's expenditures may increase in proportion to the increase in
actual revenues from budgeted revenues.

The Debtor reported that at the time the case was filed, it had a
backlog of orders of approximately $275,000 to $300,000.  The
backlog developed as a result of Chawalit Krautim, the Debtor's
former production manager, refusal to cross train its employees in
the proprietary production process of the Debtor, stealing the
Debtor's proprietary molds and blueprints, and then abruptly
quitting in March 2016.

As a result of Chawalit's conduct, the Debtor was crippled by the
theft of the molds and lack of an employee who was able to oversee
its production process crippling the Debtor's ability to
manufacture its product and consequently its shipments and sales.
The Debtor has now substantially overcome all such issues.  Among
other things, the Debtor's shipments in the three months preceding
the bankruptcy were $186,000 (Dec. 2016), $22,000 (Jan. 2017) and
$79,000 (Feb. 2017) for an average of $95,666 per month, while
shipments post-petition were $184,000 (Mar. 2017), $180,000 (April
2017), and $163,000 (May 2017) for an average $175,667 per month.

Since the initial cash collateral hearing have helped streamline
production such that as of May 31, 2017, the backlog of orders has
been reduced from approximately $275,000-$300,000 to $173,000.

During the period of March 1, 2017 through May 31, 2017, the Debtor
collected 35.2% more cash than projected in its cash collateral
Budget.  In addition, the Debtor projected sales of $445,000 for
the period of March 1, 2017 through May 31, 2017.  However, the
actual sales during this time period were $527,000, which is an
increase in actual sales of $82,000 or a positive variance of
18.4%.  For the same period of March 1, 2017 – May 31, 2017 the
Debtor projected $342,519 in expenses, but actually only spent
$312,517, which is $30,002 less in expenses.

The Budget reflects total cash disbursements of approximately
$377,498 for the month of July through September 2017.  The Budget
includes compensation to Matthew Alderson of $2,885 per week as
provided for in the Notice of Setting Insider Compensation.
Additionally, the Budget provides for (1) payment of $3,713 of
post-petition stub rent to the Debtor's landlord Wilmington
Associates; (2) adequate protection payment of $1,820 to Wells
Fargo Bank; and (3) a $3,000 retainer to Tiedt & Hurd for the
Krautim Litigation.

The Debtor submits that secured creditors Citibank, N.A., Wells
Fargo Bank, Clay Lorinksy and the Internal Revenue Service are
adequately protected by the Debtor's continued profitable
operations and a $62,415 to $110,085 increase in cash during the
budget period.

The Debtor notes that on the Petition Date, it only had cash of
$1,400, which is only one indicia of the Debtor's postpetition
operational and financial success. The prior three months of
post-petition operations and Budget establish there will not be any
diminution in the value of the Secured Creditors' collateral during
the budget period and Debtor's going concern value will be
preserved by Debtor's ongoing business operations.

Notwithstanding the fact that there will be no diminution in the
value of the collateral, the Debtor proposes to grant Citibank,
N.A., Wells Fargo Bank, Clay Lorinksy and the Internal Revenue
Service a replacement lien in the Debtor's post-petition cash and
accounts receivable and the proceeds thereof, to the same extent,
validity, and priority of each respective creditor's lien as of the
Petition Date.  In addition, the Debtor will make monthly adequate
protection payments of $1,820 to Wells Fargo Bank.

A full text copy of the Debtor's Motion dated June 7, 2017
https://is.gd/wspgr9


                        About Radiology Support Devices

Radiology Support Devices, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 17-12054) on Feb.
21, 2017.  The petition was signed by Matthew Alderson, president.
At the time of filing, the Debtor estimated $100,000 to $500,000 in
assets and $500,000 to $1 million in liabilities.

Weintraub & Selth, APC, is serving as bankruptcy counsel to the
Debtor, with the engagement led by Daniel Weintraub, Esq., James R.
Selth, Esq. and Elaine V. Nguyen, Esq. Bette Hiramatsu of Hiramatsu
and Associates, Inc., is the Debtor's financial consultant.



S&S SCREW: Allowed Further Use of Cash Collateral Through July 6
----------------------------------------------------------------
Judge Randal S. Mashburn inked a seventh interim agreed order,
authorizing S&S Screw Machine Company, LLC, to continue its use of
cash collateral through July 6, 2017, solely on the terms, for the
purposes, and in the amounts set forth in the Budget.

The Debtor acknowledged that the need to use cash collateral is
immediate and critical considering that it does not have sufficient
available sources of working capital and financing to enable the
Debtor to administer its Chapter 11 case generally, continue to
operate its business in the normal course, and preserve the value
of its estate for all stakeholders.

Regions Bank asserts a lien on the assets of the Debtor, securing
obligations totaling $3,364,485.  Regions Bank further asserts that
all of the Debtor's cash and cash equivalents are part of the
collateral of Regions Bank.

The Internal Revenue Service also has a tax lien in the alleged
amount of $2,209,090, which claim is subordinate to the Regions
Loan and is under-secured or unsecured.

Accordingly, Regions Bank and the IRS are granted replacement
liens, which will attach to the same extent and with the same
priority as enjoyed prior to the Petition Date, to the extent of
any diminution in value of the collateral and cash collateral in
all of the Debtor's postpetition assets of the same kind and
description as the collateral.  The adequate protection liens will
be supplemental to the security interest which Regions Bank
possesses pursuant to its Loan Documents, and the IRS possesses
pursuant to its tax lien.

Judge Mashburn directed the Debtor to pay Regions Bank $20,000 per
month as additional adequate protection, which monthly payment will
be applied to the secured claim of Regions Bank.  Judge Mashburn,
however, ordered any party in interest objecting to the monthly
payment to Regions Bank to file a written objection with the Court
by no later than June 30, 2017.

In addition, the Debtor is directed to maintain all necessary
insurance for its business and assets, in accordance with the
obligations under the Regions Loan and as may be required under any
applicable operating guidelines of the U.S. Trustee, naming Regions
Bank as loss payees and additional insureds with respect thereto.

The final hearing to consider approval of the Debtor's continued
use of cash collateral, as well as to determine the necessity of
the monthly payment to Regions Bank, is scheduled for July 6, 2017
at 9:30 a.m.

A full-text copy of the Seventh Interim Agreed Order, dated June 7,
2017, is available at https://is.gd/CkT7PP

                 About S&S Screw Machine Company

S&S Screw Machine Company, LLC, doing business as S&S - Precision,
filed a chapter 11 petition (Bankr. M.D. Tenn. Case No. 16-06829)
on Sept. 24, 2016.  The petition was signed by Lawrence J. Battle,
authorized member.  The Debtor estimated assets and liabilities at
$1 million to $10 million at the time of the filing.

The case is assigned to Judge Randal S. Mashburn.  

The Debtor is represented by Phillip G. Young, Jr., Esq., at
Thompson Burton PLLC.  

The Office of the U.S. Trustee on Nov. 10, 2016, appointed three
creditors to serve on an Official Committee of Unsecured Creditors.
The committee members are: Kenny Wine, of Joseph T. Ryerson & Son;
Del Miller, of Kaiser Aluminum Fabricated Products; and Stephen L.
Cochran, of Production Pattern & Foundry Co.

The Committee tapped Paul G. Jennings, Esq., at Bass Berry & Sims
PLC, as its counsel.


SECURE POINT: Liquidity Constraints Raise Going Concern Doubt
-------------------------------------------------------------
Secure Point Technologies, Inc., filed its quarterly report on Form
10-Q, disclosing a net income of $94.80 million on $196,000 of
revenues for the three months ended March 31, 2017, compared with a
net loss of $4.10 million on $10.75 million of revenues for the
same period in 2016.  

For the nine months ended March 31, 2017, the Company recorded a
net income of $69.21 million on $16.45 million of revenues,
compared to a net loss of $8.32 million on $34.73 million of
revenues for the same period last year.

The Company's balance sheet at March 31, 2017, showed $73.22
million in total assets, $71.87 million in total liabilities, and a
stockholders' deficit of $1.34 million.

If the Company is unable to repay the amounts as required,
refinance its obligations to DMRJ, Montsant and/or the other
institutional investors, or negotiate extensions of these
obligations, DMRJ, Montsant and/or BAM or reorganize the Company in
Bankruptcy and have a reorganization Plan approved by the
Bankruptcy Court, the Company may be forced to convert the Chapter
11 cases to Chapter 7d.

Despite Company's projected sales, expense and cash flow
projections and the cash available from its New DIP Loan, the
Company may not have sufficient capital to continue operations.
There can be no assurance that DMRJ will continue or is able to
make advances under the Company's revolving line of credit.  The
Company's failure to achieve its projections, to obtain sufficient
additional capital on acceptable terms or successfully complete the
sale of its ETD business to L-3 would have a material adverse
effect on the Company's liquidity and operations and could require
them to file for protection under Chapter 7 of the U.S. bankruptcy
laws.  Furthermore, the Company is incurring increased legal costs
and financial adviser costs associated with the activities of the
Official Committee of Equity Holders appointed by the U.S. Trustee.
These conditions raise substantial doubt as to the Company's
ability to continue as a going concern.

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

                        http://bit.ly/2sU7qbR

Secure Point Technologies, Inc. (formerly known as Implant Sciences
Corporation), up until the time of the sale of its business to L-3
pursuant to the Transaction in January 2017, provided systems and
sensors for the homeland security market and related industries.
The technologies focus on detection in two major categories: (i)
the detection of "bulk" contraband, which includes materials that
would be visible to the eye, such as weapons, explosives, narcotics
and chemical agents; and (ii) the detection of "trace" amounts of
contraband, which includes trace particles or vapors of explosives,
narcotics and chemical agents.  Technologies used in the detection
of "bulk" materials include computed tomography, transmission and
backscatter x-ray, metal detection, trace detection and x-ray,
gamma-ray, passive millimeter wave, and neutron analysis.  Trace
detection techniques used include mass spectrometry, gas
chromatography, chemical luminescence, and ion mobility
spectrometry.



SEGHO TRANS: Approved to Use Bank's Cash Collateral Until Aug. 22
-----------------------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts has entered an agreed order authorizing
Segho Trans., Inc., et al. to use, on an interim basis, Commerce
Bank & Trust's cash collateral through Aug. 22, 2017.

A continued hearing on the use of cash collateral is set for Aug.
22, 2017, at 10:30 a.m.

The Bank is granted a replacement lien in and to all property of
the kind presently securing the Debtors' obligations to the Bank.

The Debtors will make monthly adequate protection payments to the
Bank in the amounts reflected on the reconciliation and projections
to the Debtors' motion for use of cash collateral.

The Debtors will continue to maintain their assets, and the Debtors
will not diminish the position of the Bank.

The Debtors will supply the Bank with all of the operating
statements filed with the U.S. Trustee and other financial
information as reasonably requested by the Bank.

The Debtors will file reconciliations to the budgets for the month
of June 2017 by July 14, 2017, and for the month of July 2017 by
Aug. 15, 2017.

A copy of the court order is available at:

           http://bankrupt.com/misc/mab17-11371-38.pdf

                     About Segho Trans. Inc.

Segho Trans., Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 17-11373) on April 17,
2017.  Raymond Kario, the president, signed the petition.  At the
time of the filing, the Debtor estimated assets and liabilities of
less than $50,000.  John F. Sommerstein, Esq., at the Law Offices
of John F. Sommerstein, serves as the Debtor's bankruptcy counsel.


STONE PROJECTS: May Use Cash Collateral Until Oct. 4
----------------------------------------------------
The Hon. Melvin S. Hoffman of the U.S. Bankruptcy Court for the
District of Massachusetts has authorized Stone Project, LLC, to use
cash collateral through Oct. 4, 2017.

A hearing on the Debtor's use of cash collateral will be held on
Oct. 4, 2017, at 10:00 a.m.  

The Debtor is ordered to file an updated budget by June 15, 2017.
In addition, commencing on July 30, 2017, and each month end
thereafter, the Debtor is ordered to file a status report
containing budget to actual numbers for the prior month(s).

A copy of the court order is available at:

           http://bankrupt.com/misc/mab17-11877-37.pdf

The Court previously granted the Debtor's emergency motion to
access cash collateral through June 7, 2017.   

                       About Stone Project

Stone Project, LLC, filed a Chapter 11 bankruptcy petition (Bankr.
D.Mass. Case No. 17-11877) on May 19, 2017.  Nina M. Parker, Esq.,
at Parker & Associates, serves as bankruptcy counsel.  The
Debtor's
assets and liabilities are both below $1 million.


SUCCESS INC: Equity Holder to Invest at Least $300,000
------------------------------------------------------
Success, Inc., filed with the U.S. Bankruptcy Court for the
District of Connecticut a fourth amended disclosure statement dated
June 5, 2017, which explains its proposed plan to exit Chapter 11
protection.

Class 11 Unsecured Claims are impaired under the Plan.  The
unsecured creditors will be paid 5% of their allowed unsecured
claims over the period of 60 months in annual payments commencing
the later of 60 days after the Effective Date of the Plan or upon
allowance of the particular claim.

Gus Curcio, Sr., is the sole owner of the equity of the estate.
The Class 12 Claim of the Equity Holder is impaired by the Plan.
The Equity Holder will invest a minimum of $300,000 on the
Effective Date of the Plan, including the funds necessary to
satisfy the initial payment.  The $300,000 investment will be
deposited and held by the Equity Holder's counsel in escrow prior
to the confirmation hearing on the Plan.  The Equity Holder has
also agreed to provide AS Peleus with a limited guaranty ($200,000)
of the Debtor's obligations to AS Peleus under the Plan.  In
addition, the Equity Holder will waive any claim he may have
against the Debtor's estate.  The Equity Holder will retain his
interest in the Debtor subject to his obligations under the Plan.

The Debtor has sought determinations from the Court as to the
secured status of the liens on its real estate.  As a result of the
court orders entered regarding the secured status of liens on its
properties, the Debtor has been able to treat many claims under the
Plan as unsecured and has reduced its payment obligations to
secured creditors.

The Debtor seeks to enter into four five-year written lease
agreements with tenants for a portion of the Success property.
These leases provide for aggregate monthly rental payments in the
amount of $6,500 for five years.  The Debtor intends to use this
rental income to meet its Plan obligations.  The Equity Holder is a
real estate developer with more than 20 years of experience
managing and developing real estate in the Bridgeport, Connecticut
area.  He is currently the principal of eighteen Connecticut
businesses, some of which are engaged in the business of real
estate construction, management or development including Majestic
Management, LLC, and Comlink, Inc.  As part of an effort to confirm
the Equity Holder's ability to satisfy his commitments to the
Debtor under this Plan, the Equity Holder has provided the Debtor
with recent financial disclosures regarding Majestic and Comlink
which reflect that Majestic and Comlink have maintained cash
balances in excess of $250,000 in May 2017.  The Equity Holder
shall invest a minimum of $300,000 into the Debtor on or before the
Effective Date of the Plan.

The Patricia Drive Property is the subject of an ongoing dispute
with the Town of Stratford seeking approval to develop the parcel
as a four lot subdivision.  The Debtor and prior owners of the
Patricia Drive Property since 2010 have been repeatedly denied
subdivision approval of the property based on a wetlands regulation
even though a 2009 owner of the property had obtained wetlands
approval for a four lot subdivision.  The Debtor commenced an
action in September 2016 in Connecticut Superior Court against the
Town of Stratford alleging, inter alia, the Town's actions have
constituted an inverse condemnation or taking of the property.  The
Equity Holder has agreed to be responsible for payment of the legal
costs associated with this action.  The Debtor anticipates that the
subdivision approval will be obtained and the Patricia Drive
Property will be sold within three years of the Effective Date of
the Plan.  The Debtor intends to continue to make all debt service
and tax payments related to the Patricia Drive Property until it is
sold.

The Debtor has negotiated written one-year lease agreements with
the tenants at the Whippoorwill and James Farm properties pursuant
to which the tenants will be responsible for all utility costs
except water.  These leases will provide the Debtor with monthly
revenues of $6,500 and provide for the maintenance of these
properties.  The Debtor believes that rental income from the
Whippoorwill and James Farm properties will make them more
marketable for new financing and investment allowing the Debtor to
make its plan payments.  The Debtor also anticipates continuing its
leasing activities for its motor vehicles will generate
approximately $4,000 per month of income.  These leasing revenues
significantly exceed the Debtor's cost of maintaining its vehicles.


The Fourth Amended Disclosure Statement is available at:

           http://bankrupt.com/misc/ctb16-50884-210.pdf

As reported by the Troubled Company Reporter on April 25, 2017, the
Debtor filed with the Court its third amended disclosure statement,
disclosing that its objection to AS Peleus LLC's had been resolved
by stipulation, which provided that the creditor will have an
allowed secured claim of $976,469.85 as of the petition date.

                        About Success Inc.

Success, Inc., was incorporated on April 24, 1996, for the purpose
of acquiring and managing real estate properties, both with
existing buildings on them as well as vacant properties,
residential as well as commercial.  The Debtor currently owns four
parcels of real property in Connecticut.  Two of these properties
are single family residential units, one is a commercial property
and one is a vacant parcel of land.

Success, Inc., filed a Chapter 11 petition (Bankr. D. Conn. Case
No. 16-50884) on July 1, 2016.  The petition was signed by Gus
Curcio, Sr., president.  The Debtor is represented by Douglas S.
Skalka, Esq., at Neubert, Pepe, and Monteith, P.C.  The case is
assigned to Judge Julie A. Manning.  The Debtor estimated assets
and debt at $1 million to $10 million at the time of the filing.

No unsecured creditors' committee, trustee or examiner has been
appointed in the Debtor's case.

On Nov. 21, 2016, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


SUMMIT INVESTMENT: Exclusive Plan Filing Period Moved to Sept. 28
-----------------------------------------------------------------
The Hon. Lena Mansori James of the U.S. Bankruptcy Court for the
Middle District of North Carolina has extended, at the behest of
Summit Investment Co., Inc., the exclusive period during which only
the Debtor may file a plan of reorganization through Sept. 28,
2017.

As reported by the Troubled Company Reporter on June 2, 2017, the
Debtor sought the Extension, saying it needs additional time to
formulate, propose and solicit acceptance of a plan.  The Debtor
would show that the third-party, unsecured debt is very limited,
and that, upon information and belief, no undue hardship will be
created or imposed upon the creditors.  

                       About Summit Investment

Summit Investment Co., Inc., sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D.N.C. Case No. 17-50230) on March 2,
2017.  At the time of the filing, the Debtor estimated its assets
and debts at $1 million to $10 million.  Brian P. Hayes, Esq., at
the law firm of Ferguson, Hayes, Hawkins & DeMay, PLLC, serves as
the Debtor's bankruptcy counsel.


SUNSET PARTNERS: May Use Cash Collateral Until July 25
------------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts has granted Sunset Partners, Inc.,
interim authorization to use through July 25, 2017, cash collateral
of the secured creditors, including but not limited to the
Massachusetts Department of Revenue (DOR), and lender Harold Brown.


A hearing to consider the final approval of the Debtor's cash
collateral use will be held on July 25, 2017, at 11:00 a.m.
Objections to the Debtor's cash collateral use must be filed by
July 21, 2017, at 4:30 p.m.

As of the Petition Date, the Debtor owes:

     i. Harold Brown approximately $4.20 million.  The Debtor
        entered into a financing agreement with the creditor in
        October 2015.  The obligation is secured by lien on all of

        the Debtor's assets;

    ii. American Express approximately $125,000.  The Debtor
        entered into a financing arrangement with American Express

        Bank, FSB, in February 2016.  The obligation is secured by

        a lien on all of the Debtor's assets;

   iii. DOR approximately $500,000.  Between March 15, 2016, and
        July 5, 2016, the DOR filed four separate tax liens
        against the Debtor's property;

    iv. LenoxMartell, Inc., approximately $7,700.  The Debtor
        entered into an agreement with LenoxMartell in April 2014
        for the purchase of a soda mix system, a beer line
        cleaning system, and a mixed gas generator.  The         
        obligation is secured by the Lenox-Martell Equipment; and

     v. US Foods, Inc., approximately $25,000.  The Debtor entered

        into agreement with US Foods in June of 2014 for ongoing
        purchase and delivery of various goods, inventory, and
        equipment.  The obligation is secured by the US Foods
        Inventory.

On June 7, 2017, the Debtor sought permission to use cash
collateral.  No objections were filed, and the Court granted the
Debtor's the Debtor permission to use cash collateral on the terms
and conditions requested through the continued hearing which will
be held on July 25.  The Court gave the Debtor until July 21, 2017,
at 4:30 p.m. to file a reconciliation of actual to budgeted income
and expenses.

The Debtor is authorized to collect and use those prepetition
assets in which the Secured Creditors claim security interests,
including any proceeds of prepetition accounts receivable,
inventory and cash on hand, for the purposes and on the terms
proposed in the Debtor's motion in the operation of its business as
debtor-in-possession, provided, however, that the Debtor will use
and amend only that amount of American Express and DOR asserted
cash collateral as is necessary to avoid immediate and irreparable
harm to the Debtor's estate pending a final hearing of the Court on
the motion.

As adequate protection to the Secured Creditors for the Debtor's
use of assets in which the Secured Creditors claim a security
interest: (a) the Debtor will pay American Express and the DOR
adequate protection in the amount set forth on the budget; (b) the
Secured Creditors are granted continuing replacement liens and
security interests in the post-petition accounts receivable (if
any) to the same validity and extent and priority that they would
have had in the absence of the bankruptcy filing; and (c) the
Debtor will remain within its budget, within an overall margin of
10%.  No payments were ordered to be paid to U.S. Foods, Inc., at
this time, without prejudice to its request for adequate
protection.

Copies of the Debtor's request and the court order are available
at:

           http://bankrupt.com/misc/mab17-12178-3.pdf
           http://bankrupt.com/misc/mab17-12178-23.pdf

                      About Sunset Partners
           
Sunset Partners, Inc., owns a restaurant in Allston, Massachusetts.
The Debtor currently possesses machinery, fixtures, equipment and
POS system having an aggregate value of $692,890.

The Debtor filed for Chapter 11 bankruptcy protection (Bankr. D.
Mass. Case No. 17-12178) on June 7, 2017, listing $1.05 million in
total assets and $5.67 million in total liabilities.  The petition
was signed by Marc Berkowitz, vice president.

Judge Joan N. Feeney presides over the case.

David B. Madoff, Esq., at Madoff & Khoury LLP, serves as the
Debtor's bankruptcy counsel.


T&L MOBILE: Taps David Schroeder as Legal Counsel
-------------------------------------------------
T&L Mobile Television Inc. seeks approval from the U.S. Bankruptcy
Court for the Western District of Missouri to hire legal counsel in
connection with its Chapter 11 case.

The Debtor proposes to hire David Schroeder Law Office, P.C. to,
among other things, give legal advice regarding its duties under
the Bankruptcy Code, negotiate with creditors, prosecute on its
behalf all contracts for the sale of its assets, and assist in the
preparation of a plan of reorganization.

David Schroeder, Esq., charges an hourly fee of $300 while
paralegals charge $75 per hour.  The firm will be employed under a
general retainer of $14,446.

Mr. Schroeder disclosed in a court filing that he and his firm do
not hold or represent any interest adverse to the Debtor's
bankruptcy estate or creditors.

The firm can be reached through:

     David E. Schroeder, Esq.
     David Schroeder Law Office, P.C.
     1524 East Primrose St., Suite A
     Springfield, MO 65804-7915
     Tel: 417-890-1000
     Fax: 417-886-8563
     Email: bk1@dschroederlaw.com

                About T&L Mobile Television Inc.

Based in Nixa, Missouri, T&L Mobile Television Inc. provides live
and video-tape mobile production services for sporting events, the
entertainment industry, corporate engagements, political campaigns
and religious gatherings.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Mo. Case No. 17-60629) on June 6, 2017.  Troy
Fain, president, signed the petition.  

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

Judge Arthur B. Federman presides over the case.


TABERNA PREFERRED: Noteholders Look Into Conduct of TP Management
-----------------------------------------------------------------
As is common with collateralized debt obligations, Taberna
Preferred Funding IV, Ltd., outsourced its duties to manage and
oversee its debt securities to a third-party collateral manager,
which is then responsible for day-to-day interfacing with the
collateral issuers.  At inception, Taberna Capital Management, LLC,
the Prior Collateral Manager, was retained by the Debtor for this
purpose.  In April 2010, the Prior Collateral Manager sold and
assigned its rights, duties, and obligations as collateral manager
to TP Management LLC, the Current Collateral Manager.

Opportunities II Ltd., HH HoldCo Co-Investment Fund, L.P., and Real
Estate Opps Ltd., which signed an involuntary Chapter 11 petition
for the Debtor, contend that the conduct of the Current Collateral
Manager is an issue that should potentially be explored as part of
this chapter 11 case.

"The Petitioning Creditors are concerned about the inability of the
Debtor to actively manage the collateral, a significant
professional fee backlog, misaligned incentives, the Debtor's
recurring inability to act, and the possibility that wrongdoing may
have been committed by the current collateral manager in similar
fashion to the misconduct underlying the SEC's enforcement action
against the prior collateral manager," counsel to the Petitioning
Creditors, Robert J. Pfister, Esq., at Klee, Tuchin, Bogdanoff &
Stern LLP tells the Court.

In September 2015, the Securities and Exchange Commission publicly
announced that it had charged the Prior Collateral Manager and
certain of its principals with fraudulently retaining transaction
fees properly belonging to the Debtor and six other CDOs, and that
these parties had entered into an order settling administrative
proceedings.

The SEC found that the Prior Collateral Manager had improperly and
deceptively received millions of dollars in fees directly from
Collateral Issuers in connection with exchange offers, instead of
having those transaction fees paid to the CDOs holding the
exchanged debt securities.  In settlement with the SEC, the Prior
Collateral Manager agreed to disgorge $13,000,000, to pay
prejudgment interest of $2,000,000, and to suffer a penalty of
$6,500,000.

While conducting due diligence about certain items of Indenture
Collateral, the Petitioning Creditors uncovered information that
led them to become concerned that the Current Collateral Manager
may have continued the Prior Collateral Manager's practice of
requesting or accepting transaction fees in a manner prohibited by
the Indenture, the SEC Order, and perhaps even the Current
Collateral Manager's Collateral Management Agreement with the
Debtor.

The Petitioning Creditors have actively sought to investigate
whether the Current Collateral Manager in fact acted improperly
through the Trustee and the Debtor's board members.  Although the
parties have devoted meaningful resources to trying to get to the
bottom of what should be a simple issue, as of the petition date it
remains a mystery whether the Current Collateral Manager has
engaged in conduct similar to that of the Prior Collateral Manager.
The Petitioning Creditors believe that the conduct of the Current
Collateral Manager is an issue that should potentially be explored
as part of this chapter 11 case.

                Other Serious Structural Problems

In addition to a defective management structure that already let
the Prior Collateral Manager abuse the Debtor and wrongfully
extract millions of dollars and that could permit such misconduct
to happen again (indeed, it already may have), the Noteholders
believe that there are other defects in the Debtor's basic
structure:

   1. Inability to Actively Manage the Indenture Collateral.  
There is a substantial risk of significant future defaults in the
Indenture Collateral, most of which matures in approximately 19
years, ranks junior-most in a Collateral Issuer's often
highly-leveraged capital structure, and is quite vulnerable to
economic downturns since these Collateral Issuers generally own
recession-sensitive assets, such as real estate and housing
products.  The Indenture Collateral's terms are rarely what today's
markets would require for similar securities, and the issuances
held by the Debtor are relatively small and concentrated in passive
owners such as other CDOs that will not represent the issuance
adequately if necessary.

   2. Large Fee Backlog Precludes Effective Representation.  Under
the Indenture, the fees that can be paid to attorneys or other
professionals to assist the Debtor, including in monitoring and
overseeing Indenture Collateral or enforcing the Debtor's rights
against Collateral Issuers, are effectively capped at $100,000 per
quarterly payment period.  Any unpaid amounts in excess of this cap
occupy a subordinated status in the waterfall, and may be carried
forward in perpetuity until a future quarter's expenses are less
than $100,000.  Based on information conveyed by the Trustee, the
Current Collateral Manager, on behalf of the Debtor, may have
accrued as much as $1,500,000 in unpaid fees and expenses from
April 2014 through March 2017, which is in addition to the
approximately $1,200,000 paid to professionals during this 3-year
period.  It may thus take approximately four years to fully repay
professional fees that the Debtor has already incurred, without
accounting for additional accruals.  This fee overhang arose during
a period of relative economic calm and low defaults, and the pace
of the fee accruals may accelerate in times of economic stress.
Given the high risk of future defaults on the Indenture Collateral
over the next 19 years, the inability to engage or pay necessary
professionals is a significant problem.  The Debtor's limited
ability to pay professionals also has consequences beyond
preservation of the Indenture Collateral.

   3. Management Incentives Are Not Aligned.  Under the Indenture,
the Collateral Manager receives (i) regular, ongoing management
fees paid at the top of the waterfall (the "Base Collateral
Management Fee") and (ii) subordinated management fees paid lower
down in the waterfall (the "Incentive Fees").  Because of the
Indenture Collateral's poor performance, the hurdles required to
trigger Incentive Fees cannot be achieved under any conceivable
scenario.  As a result, the Incentive Fee no longer motivates the
Collateral Manager.  In addition, the Base Collateral Management
Fee is a fixed percentage of the current amount of performing
Indenture Collateral so long as such Indenture Collateral remains
outstanding. Thus, while the Current Collateral Manager has an
incentive to ensure that Indenture Collateral does not default, it
nonetheless benefits economically if those securities simply remain
outstanding and are not sold or redeemed prior to maturity. This
creates yet another financial diversion of incentives, because a
par redemption, discounted redemption, or sale of Indenture
Collateral could economically benefit the holders of Notes but
economically harm the Collateral Manager.

   4. The Debtor's Structure and Governance Creates a Recurring
Inability to Act.  The senior-most noteholders are the residual
claimants but lack robust voting and direction rights while junior
holders and equity that are clearly "out of the money" remain
outstanding and continue to have many of these rights.  For
example, (i) certain amendments to the Indenture require the
affirmative consent of all holders of Notes, including "out-of-the
money" Notes, and equity; and (ii) removal of the Collateral
Manager without cause requires certain "out-of-the-money" classes
to consent.  There also appears to be no way for the holders of
Notes to select members of the Debtor's board of directors or
direct the board to take desired actions.  In short, the Debtor
suffers from a real and continuing governance problem: parties with
no remaining economic interest have rights and the ability to block
(and no incentives to approve) actions that would benefit the
Debtor and its actual economic stakeholders, the senior-most
noteholders.

"In sum, it is beyond credible dispute that the Debtor is a
hopelessly broken CDO.  If the problems with the Debtor are not
resolved, then the Petitioning Creditors and other noteholders
remain at risk of substantial and inappropriate value destruction
beyond what has already occurred.  The Petitioning Creditors have
therefore commenced and intend to prosecute this involuntary
bankruptcy case so the Debtor can be holistically restructured in a
process that affords all parties the rights and protections
Congress has codified in the Bankruptcy Code," the Petitioning
Creditors said.

                About Taberna Preferred Funding IV

Created in late 2005, Taberna Preferred Funding IV, Ltd. is a
structured-finance entity known as a collateralized debt obligation
("CDO"), an entity that issues debt to investors in exchange for
cash.  Taberna issued more than $630 million of secured notes in
eleven descending classes under an Indenture dated as of December
23, 2005, which notes were anticipated to be repaid over the
following 30 years via the proceeds generated by the underlying
collateral Taberna bought.

Opportunities II Ltd., HH HoldCo Co-Investment Fund, L.P., and Real
Estate Opps Ltd. filed an involuntary Chapter 11 petition for
Taberna on June 12, 2017 (Bankr. S.D.N.Y. Case Number 17-11628).
The Petitioning Creditors collectively hold 100% of the most-senior
tranche of notes issued by the Debtor, totaling approximately $137
million, and roughly 34% of the second-most senior tranche of
notes, totaling approximately $17 million.

The Hon. Mary Kay Vyskocil is the case judge.

Klee, Tuchin, Bogdanoff & Stern LLP is serving as the Petitioning
Creditors' counsel, with the engagement led by Robert J. Pfister,
Esq., and Whitman L. Holt, Esq.


TABERNA PREFERRED: Noteholders Ready to File Viable Plan
--------------------------------------------------------
Creditors who signed an involuntary Chapter 11 petition against
Taberna Preferred Funding IV, Ltd., are asking the U.S. Bankruptcy
Court for the Southern District of New York to terminate Taberna's
exclusive period to propose, and solicit acceptances of, a Chapter
11 plan.

The Petitioning Creditors -- Opportunities II Ltd., HH HoldCo
Co-Investment Fund, L.P., and Real Estate Opps Ltd. -- hold 100% of
the most-senior tranche of notes issued by the Debtor, totaling
approximately $137 million, and roughly 34% of the second-most
senior tranche of notes, totaling approximately $17 million. The
notes are secured by the Debtor's assets, largely consisting of
certain debt securities which were intended to generate sufficient
interest and principal payments to support the Debtor's obligations
under the notes.

The Petitioning Creditors claim that the Debtor -- a
special-purpose structured finance entity, with no operations,
extremely limited resources available to it, and hundreds of
millions of dollars in defaulted note obligations -- has no
intention to file and prosecute a plan in the Chapter 11 case.

The Petitioning Creditors, on the other hand, intend to immediately
file a viable chapter 11 plan and prosecute its confirmation upon
the termination of the Exclusivity Periods.

The Petitioning Creditors understand that the Debtor does not
intend to oppose the Exclusivity Termination Motion or to contest
entry of an order for relief in this case.

"Here, it is plain that the Court's termination of the Debtor's
Exclusivity Periods would materially advance the progress of this
Chapter 11 Case.  Indeed, given that the Debtor has relayed that it
does not intend to prepare or prosecute a chapter 11 plan itself,
the denial of the Motion would effectively grind this case to a
standstill at its very outset by requiring that the plan process be
held in abeyance for several months, but to no ultimate end.
Maintaining the Exclusivity Periods would serve no purpose, and
would unjustifiably and unnecessarily subject the noteholders to
further delay and the risk that the value of the underlying
collateral securities will continue to dissipate.  By contrast,
terminating exclusivity would allow the Petitioning Creditors to
proceed with the plan process regarding the chapter 11 plan they
have prepared, and would equally create a level and open playing
field in the event that other parties wish to propose plans.  Under
the circumstances, there is ample "cause" to eliminate a statutory
protection that this Debtor simply has no desire to utilize. The
Court should therefore grant the Motion and terminate the
Exclusivity Periods, thereby allowing the Petitioning Creditors --
and any other stakeholder -- to file and prosecute to confirmation
a chapter 11 plan," Whitman L. Holt, Esq., at Klee, Tuchin,
Bogdanoff & Stern LLP, asserts.

A hearing on the Motion is scheduled for July 12, 2017, at 10:00
a.m. (ET).  Objections are due July 5.

                   No Objection From Directors

Prepetition, the Petitioning Creditors had several discussions with
the Debtor's board of directors.  The Petitioning Creditors have
discussed a bankruptcy filing with the directors.  The Petitioning
Creditors have been informed that the Debtor does not intend to (a)
file a voluntary petition for relief under the Bankruptcy Code, (b)
contest the involuntary petition or (c) file and prosecute a
chapter 11 plan in this case.  The Petitioning Creditors further
understand that the Debtor believes that by commencing this chapter
11 case, the Petitioning Creditors are exercising their rights and
remedies under the Indenture and applicable law.  As such, the
Petitioning Creditors will be moving to terminate the Debtor's
exclusivity periods under Bankruptcy Code section 1121(d)(1) for
all parties in interest in this chapter 11 case, which relief they
understand the Debtor does not intend to oppose.

                About Taberna Preferred Funding IV

Created in late 2005, Taberna Preferred Funding IV, Ltd. is a
structured-finance entity known as a collateralized debt obligation
("CDO"), an entity that issues debt to investors in exchange for
cash.  Taberna issued more than $630 million of secured notes in 11
descending classes under an Indenture dated as of December 23,
2005, which notes were anticipated to be repaid over 30 years via
the proceeds generated by the underlying collateral Taberna
bought.

Opportunities II Ltd., HH HoldCo Co-Investment Fund, L.P., and Real
Estate Opps Ltd. filed an involuntary Chapter 11 petition for
Taberna on June 12, 2017 (Bankr. S.D.N.Y. Case Number 17-11628).
The Petitioning Creditors collectively hold 100% of the most-senior
tranche of notes issued by the Debtor, totaling approximately $137
million, and roughly 34% of the second-most senior tranche of
notes, totaling approximately $17 million.

The Hon. Mary Kay Vyskocil is the case judge.

Klee, Tuchin, Bogdanoff & Stern LLP is serving as the Petitioning
Creditors' counsel, with the engagement led by Robert J. Pfister,
Esq., and Whitman L. Holt, Esq.


TABERNA PREFERRED: Noteholders Seek to Force Bankruptcy
-------------------------------------------------------
The senior-most creditors of Taberna Preferred Funding IV, Ltd.,
who claim they are owed more than $150 million on account of
secured notes, are trying to force the structured finance entity
into bankruptcy.

Opportunities II Ltd., HH HoldCo Co-Investment Fund, L.P., and Real
Estate Opps Ltd. -- who collectively hold 100% of the most-senior
tranche of notes issued by the Debtor, totaling approximately $137
million, and roughly 34% of the second-most senior tranche of
notes, totaling approximately $17 million -- filed an involuntary
Chapter 11 petition for Taberna on June 12, 2017 (Bankr. S.D.N.Y.
Case Number 17-11628).

The Petitioning Creditors want to a lead Chapter 11 restructuring
for Taberna to stem the further erosion in value of their
collateral in a case were lower ranked creditors are currently "out
of the money."

Created in late 2005, Taberna is a structured-finance entity known
as a collateralized debt obligation ("CDO"), an entity that issues
debt to investors in exchange for cash.  Taberna issued more than
$630 million of secured notes in eleven descending classes under an
Indenture dated as of December 23, 2005, which notes were
anticipated to be repaid over the following thirty years via the
proceeds generated by the underlying collateral bought by the
Debtor.

According to the Petitioning Creditors, the underlying collateral
performed extremely poorly during the Great Recession in 2005 and
accompanying financial crisis, which led the Debtor to default
under the Indenture.  In mid-2009, all the notes were accelerated
under the Indenture, thereby becoming immediately due and owing.
Those notes remain accelerated today, and thus the Debtor now has
hundreds of millions of dollars in undisputed matured debt
obligations and is not paying its debts as such debts become due.
Furthermore, the underlying collateral continues to perform poorly.


The Petitioning Creditors have each invested in the senior-most
tranches of debt issued by the Debtor.  As of the Petition Date,
the Petitioning Creditors hold 100% (approximately $137 million) of
the first-priority Class A-1 Notes and roughly 34% (approximately
$17 million) of the second-priority Class A-2 Notes.  The
Petitioning Creditors believe the Debtor is and will remain
hopelessly insolvent in all senses of the word. In addition to the
Debtor failing to pay its matured debts for years, the Petitioning
Creditors fear that the value of the collateral under the Indenture
may be less than even the face amount of the Class A-1 Notes.
Accordingly, the vast majority of the Debtor's creditors are fully
"out of the money."

"The Petitioning Creditors have devoted substantial energy and
resources to attempting to find a non-bankruptcy path that might
free the Debtor and the Indenture Collateral from the Indenture's
straitjacket.  None of these paths have worked, no alternative path
has been identified by any party, and the Petitioning Creditors are
thus left with the unhappy prospect that the Indenture Collateral
will continue to languish and erode at their expense and
potentially at the expense of other creditors.  Federal bankruptcy
law, however, provides the substantive tools, structure, and
process necessary to holistically resolve the entire situation.
Indeed, there is no forum other than this Court in which the Debtor
can be comprehensively restructured while ensuring that all
creditors receive a fair and equitable treatment of their claims.
It is for this reason that the Petitioning Creditors have exercised
their legal rights, which the Indenture contemplates them
exercising,14 by filing an involuntary chapter 11 petition in
respect of the Debtor," counsel to the Petitioning Creditors,
Robert J. Pfister, Esq., at Klee, Tuchin, Bogdanoff & Stern LLP
tells the Court.

                Highly Dysfunctional Status Quo

In analyzing how best to address the Debtor's situation, the
Petitioning Creditors observed that there are substantial
inefficiencies and defects in the Debtor's structure, governance,
and management. Worse, illegal conduct and significant value
destruction has occurred and may continue to occur.  The situation
is such that remaining in the highly-dysfunctional status quo is
untenable.

In the months preceding the involuntary bankruptcy filing, the
Petitioning Creditors devoted substantial effort and resources to
finding an alternative solution to the Debtor's problems.  The
Petitioning Creditors requested that the indenture trustee solicit
consents to allow the underlying collateral to be liquidated.  When
that did not work, the Petitioning Creditors commenced a public
cash tender offer to purchase other notes in amounts that could
allow them to effectuate amendments of the Indenture or liquidation
of the collateral.  The Petitioning Creditors then amended their
tender offer terms in an effort to induce greater participation.
When the amended tender offer also proved unsuccessful, the
Petitioning Creditors engaged in discussions with the indenture
trustee, the Debtor's directors, and other stakeholders to identify
any viable non-bankruptcy approach to resolve matters.

Neither the Petitioning Creditors nor any other party was able to
identify any nonbankruptcy path that would allow the numerous
inefficiencies and defects in the Debtor's core structure to be
addressed -- let alone one that would permit creditors holding
undisputed matured debts to receive a fair payment on their claims
and move on with their affairs.  Under the circumstances, the
time-honored tools provided in the Bankruptcy Code are the best and
likely the only route to restructure this paralyzed Debtor, as has
been done successfully with other broken CDOs.

The Petitioning Creditors have prepared a chapter 11 plan that will
restructure the Debtor by repairing the substantial inefficiencies
and defects in its structure in a manner fully consistent with the
Bankruptcy Code and applicable law. As soon as they are permitted
to do so under Bankruptcy Code section 1121, the Petitioning
Creditors are ready to file their plan and accompanying documents,
and then they will promptly pursue confirmation of that plan.

In sum, it is beyond credible dispute that the Debtor is a
hopelessly broken CDO, the Petitioning Creditors say.  If the
problems with the Debtor are not resolved, then the Petitioning
Creditors and other noteholders remain at risk of substantial and
inappropriate value destruction beyond what has already occurred.
The Petitioning Creditors have therefore commenced and intend to
prosecute this involuntary bankruptcy case so the Debtor can be
holistically restructured in a process that affords all parties the
rights and protections Congress has codified in the Bankruptcy
Code.

                    $630 Million of Secured Debt

The Debtor's capital structure consists of 43,000 shares of
preferred stock, 1,000 ordinary shares, and eleven classes of debt
under the Indenture with an original aggregate principal amount of
$630,175,000 (the "Notes").  The stated maturity date of the Notes
is May 5, 2036, but all obligations under the Indenture are in
default and have been accelerated such that they are currently due
and payable.  The current principal amounts outstanding under the
notes total $517,866,555:

   * Class A-1 First Priority Delayed Draw Senior Secured
     Floating Rate Notes Due May 5, 2036 ("Class A-1 Notes") with
     current principal amount of $136,972,850.

   * Class A-2 Second Priority Senior Secured Floating Rate Notes
     Due May 5, 2036 ("Class A-2 Notes") with current principal
     amount of $50,000,000.

   * Class A-3 Third Priority Senior Secured Floating Rate Notes
     Due May 5, 2036 ("Class A-3 Notes" and together with the
     Class A-1 Notes and Class A-2 Notes, the "Class A Notes")
     with current principal amount of $20,000,000.

   * Class B-1 Fourth Priority Secured Floating Rate Notes Due
     May 5, 2036 ("Class B-1 Notes") with current principal
     amount of $81,450,000.

   * Class B-2 Fourth Priority Secured Fixed Rate Notes Due
     May 5, 2036 ("Class B-2 Notes" and together with the Class
     B-1 Notes, the "Class B Notes") with current principal
     amount of $7,000,000.

   * Class C-1 Deferrable Fifth Priority Secured Floating Rate
     Notes Due May 5, 2036 ("Class C-1 Notes") with current
     principal amount of $55,034,955.

   * Class C-2 Deferrable Fifth Priority Secured Fixed/Floating
     Rate Notes Due May 5, 2036 ("Class C-2 Notes) with current
     principal amount of $24,908,675.

   * Class C-3 Deferrable Fifth Priority Secured Fixed/Floating
     Rate Notes Due May 5, 2036 ("Class C-3 Notes" and together
     with the Class C-1 Notes and Class C-2 Notes, the "Class C
     Notes") with current principal amount of $46,935,578.

   * Class D-1 Deferrable Mezzanine Secured Floating Rate Notes
     Due May 5, 2036 ("Class D-1 Notes") with current principal
     amount of $29,133,631.

   * Class D-2 Deferrable Mezzanine Secured Fixed Rate Notes Due
     May 5, 2036 ("Class D-2 Notes" and together with the Class
     D-1 Notes, the "Class D Notes") with current principal
     amount of $26,854,403.

   * Class E Deferrable Subordinate Secured Floating Rate Notes
     Due May 5, 2036 ("Class E Notes") with current principal
     amount of $39,576,463

The Indenture expressly provides for the contractual seniority,
payment priority, and subordination of certain classes of Notes
relative to other classes of Notes.  As such, the Class A-1 Notes
rank senior to all other Notes; the Class A-2 Notes rank senior to
all other Notes except the Class A-1 Notes; the Class A-3 Notes
rank senior to all other Notes except the Class A-1 Notes and the
Class A-2 Notes; and so on for each class of Notes.

The current indenture trustee is Deutsche Bank Trust Company
Americas, as successor trustee to two previous institutional
trustees under the Indenture.

                        Debtor's Assets

The Debtor's tangible assets originally consisted of a portfolio of
mostly long-dated, low-coupon, covenant-light, junior subordinated
debt securities.  Most of the Indenture Collateral was issued by
unrated real estate investment trusts, real estate operating
companies, and homebuilders (collectively, the "Collateral
Issuers") and, at issuance in December 2005, originally consisted
of approximately $650,000,000 in original face amount of debt
securities.

As of the Debtor's most recent monthly report dated May 1, 2017,
$247,392,321 in current principal amount of Indenture Collateral
that is not classified as defaulted in the May Report remains
outstanding.

The Indenture Collateral has performed very poorly since December
2005.  As of the May Report, only about 41% of the original face
amount has performed as expected -- 27% represents Indenture
Collateral that is unmodified and currently performing and 14%
represents Indenture Collateral that was fully redeemed at par --
although even this collateral suffers from substantially off-market
coupons and covenants.  The remaining 59% of the original face
amount of the Indenture Collateral has not performed as expected
and has suffered permanent value loss, including for these reasons:


     (a) 31% was issued by Collateral Issuers that either filed
         for bankruptcy or defaulted with negligible recovery,

     (b) 5% was redeemed or repurchased at steep discounts to
         par,

     (c) 19% was exchanged -- in connection with distressed
         exchange offers -- for new and inferior debt instruments
         whose subsequent performance has been mixed, and

     (d) 4% was exchanged for new debt that subsequently
         defaulted with negligible recovery.

Further, the vast majority of the remaining non-defaulted Indenture
Collateral (95% of current face value) consists of Low-Grade
Securities -- an asset class that has over the past decade
generally experienced extremely high rates of restructurings and
defaults, coupled with decidedly low recoveries on default.  Since
inception, only approximately one third of this asset class has
performed as expected, with the remainder either defaulting or
being subjected to distressed exchanges.  With approximately 18-19
years remaining until formal maturity of many of these Low-Grade
Securities, substantially below-market coupons, and other
inherently disadvantageous or off-market terms, there is
significant cause for concern regarding the current realizable
value and future performance of the Debtor's already very damaged
debt portfolio.

                About Taberna Preferred Funding IV

Created in late 2005, Taberna Preferred Funding IV, Ltd. is a
structured-finance entity known as a collateralized debt obligation
("CDO"), an entity that issues debt to investors in exchange for
cash.  Taberna issued more than $630 million of secured notes in 11
descending classes under an Indenture dated as of December 23,
2005, which notes were anticipated to be repaid over 30 years via
the proceeds generated by the underlying collateral Taberna
bought.

Opportunities II Ltd., HH HoldCo Co-Investment Fund, L.P., and Real
Estate Opps Ltd. filed an involuntary Chapter 11 petition for
Taberna on June 12, 2017 (Bankr. S.D.N.Y. Case Number 17-11628).
The Petitioning Creditors collectively hold 100% of the most-senior
tranche of notes issued by the Debtor, totaling approximately $137
million, and roughly 34% of the second-most senior tranche of
notes, totaling approximately $17 million.

The Hon. Mary Kay Vyskocil is the case judge.

Klee, Tuchin, Bogdanoff & Stern LLP is serving as the Petitioning
Creditors' counsel, with the engagement led by Robert J. Pfister,
Esq., and Whitman L. Holt, Esq.


TALLAHASSEE INDOOR: Ray MacInnes Tries to Block Disclosures OK
--------------------------------------------------------------
Creditor Ray MacInnes filed with the U.S. Bankruptcy Court for the
Northern District of Florida an objection to Tallahassee Indoor
Shooting Range LLC's amended disclosure statement and amended small
business plan.

The Amended Disclosure Statement, according to Mr. McInnes, does
not provide adequate information, and because the disclosure is
inadequate, the Amended Small Business Plan should not be
confirmed.

Mr. MacInnes' claims arise out of a promissory note and purchase
agreement between him and the Debtor.  After the Debtor failed to
make payments as required, Mr. MacInnes instituted an action in the
Northern District of Florida.  This case was set for trial on Sept.
6, 2016.  On Aug. 26, 2016, the Debtor filed a Suggestion of
Bankruptcy, staying the case.  In response to the bankruptcy
filing, Mr. MacInnes timely filed a proof of claim in the amount of
$299,218.75.  Mr. MacInnes has now received the Amended Disclosure
Statement that the Debtor is seeking to be confirmed.

Mr. MacInnes objects to the confirmation of the Amended Disclosure
Statement and Amended Plan as it fails to adequately inform him as
to how his claim will be treated, fails to adequately inform him
as how the numbers were arrived at, has conflicting information,
and pays the owners more than they are currently making now.

Mr. MacInnes has not received a ballot.  To the extent he does not
timely receive one, it should be noted that Mr. MacInnes votes to
not approve the Amended Plan.

Mr. MacInnes says that while the Amended Disclosure Statement and
Amended Plan did address some of the issues he initially raised, it
still fails provide him with adequate information.

There is no discussion or evaluation as to how these amounts were
determined, Mr. MacInnes states.

Mr. MacInnes cannot compare these numbers to the operating reports
filed as the Amended Disclosure Statement and Amended Plan are
contradictory.  "In some places, the IRS payments are to be made
monthly, in other places quarterly.  This makes a large difference
in the amount of money available each month," Mr. MacInness says.

Additionally, the Amended Disclosure Statement has an entirely
different treatment of unsecure creditors than the Amended Plan,
which only purports to pay unsecure creditors 10% of their claim,
Mr. MacInness states.  If the plan is approved, Mr. MacInnes will
not be treated in the way the Amended Disclosure Statement states
he will be.

Mr. MacInness says, "There is no support for paying the managers
$5,200 per month.  The latest operating report, March of 2017, only
shows a payroll expense of $5,022.82.  There is no discussion of
whether or not this payroll is to the managers or to other
employees or if that payroll is actually the distribution to the
managers.  Additionally, there is no discussion as to why the three
managers of an operation that is losing almost $10,000 per month
are entitled to that amount of monthly distribution.  Overall, the
plan is lacking in details that show that the payments proposed by
the Debtor are appropriate or feasible.  Debtor simply states that
the source of the payments will be '[b]usiness revenue form
Debtor's principle business operations.'  Yet, there is no way for
Mr. MacInnes to determine if these payments will be adequately
covered by the business operations or if Debtor has additional
money that could be used to pay him."

Mr. MacInness claims that the latest monthly operating report,
March 2017, is devoid of any information with all of the required
information left blank.  The Debtor has simply attached ledgers and
bank statements for that month that fail to show the detail
required in these operating report forms.

A copy of the Objection is available at:

          http://bankrupt.com/misc/flnb16-40407-66.pdf

As reported by the Troubled Company Reporter on May 17, 2017, the
Debtor filed with the Court 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.

Counsel for Ray MacInnes:

     Stephen B. Burch, Esq.
     SMITH & ASSOCIATES
     1499 S. Harbor City Blvd., Suite 202
     Melbourne, FL 32901
     Tel: 321-676-5555
     Fax: 321-676-5558
     Email: Stephen@Smithlawtlh.com

                    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.

The U.S. Trustee informs the U.S. Bankruptcy Court for the Northern
District of Florida that a committee of unsecured creditors has not
been appointed in the Chapter 11 case of Tallahassee Indoor
Shooting Range LLC due to insufficient response to the U.S. Trustee
communication/contact for service on the committee.

On Feb. 17, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


TERRACE MANOR: Discloses Appointment of Receiver in Latest Plan
---------------------------------------------------------------
Terrace Manor, LLC, disclosed in a filing with the U.S. Bankruptcy
Court for the District of Columbia that a receiver has been
appointed for its 61-unit apartment building in Washington, DC.

Marc Albert, the newly-appointed receiver, is tasked to identify
and abate D.C. Code violations as well as the health and safety
issues at the property.

The appointment came following approval by the bankruptcy court of
the agreement, which resolved the District of Columbia's motion to
appoint a receiver.

The company believes that all Housing Code violations and health
and safety issues will be abated prior to confirmation of its
restructuring plan.

Terrace Manor also disclosed in the court filing that its parent
company Sanford Capital LLC and property manager Oakmont Management
Group have agreed to fund the expenses set forth in its cash
collateral budget of approximately $84,000.  

The budget covers the period April 2 to August 14, 2017.
Subsequent to August 14, Sanford and Oakmont have the discretion to
make additional advances to Terrace Manor but are not obligated to
do so.  

Terrace Manor has already filed a motion with the bankruptcy court
to approve the post-petition loans of Sanford and Oakmont,
according to the latest disclosure statement, which describes the
company's second amended plan of reorganization.

A copy of the disclosure statement is available for free at
https://is.gd/GLTEAH

                     About Terrace Manor LLC

Terrace Manor, LLC, owns a 61-unit residential apartment building
located at 3341-3353 23rd Street S.E., 2276 Savanah Street, S.E.
and 2270-2272 Savanah Street, S.E. Washington, DC.  It is a single
asset real estate as defined in 11 U.S.C. Section 101(51B).
Sanford Capital, LLC, is the 100% owner of Debtor.

The Debtor filed a Chapter 11 petition (Bankr. D.D.C. Case No.
17-00175) on March 30, 2017.  The petition was signed by Carter A.
Nowell, managing member of Sanford Capital.  The case is assigned
to Judge Martin S. Teel, Jr.  At the time of filing, the Debtor had
estimated both assets and liabilities between $1 million to $10
million.

Brent C. Strickland, Esq., and Christopher A. Jones, Esq., at
Whiteford, Taylor & Preston L.L.P., are serving as bankruptcy
counsel to the Debtor.

On April 10, 2017, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


TIDEWATER INC: BlackRock Reports 4.9% Stake as of May 31
--------------------------------------------------------
BlackRock, Inc. reported that it may be deemed to beneficially own
2,311,785 shares or roughly 4.9% of the common stock of Tidewater,
Inc., as of May 31, 2017.

BlackRock may be reached at:

     Spencer Fleming, Attorney-In-Fact
     Chris Jones, Chief Investment Officer
     BlackRock Inc.
     55 East 52nd Street
     New York, NY 10055

                       About Tidewater Inc.

Founded in 1955, Tidewater, Inc. (NYSE: TDW) is a publicly traded
international petroleum service company headquartered in New
Orleans, Louisiana, U.S.  It operates a fleet of ships, providing
vessels and marine services to the offshore petroleum industry.

Tidewater Inc. and its affiliates sought Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 17-11132) on May 17,
2017. The petitions were signed by Bruce Lundstrom, executive vice
president, general counsel and secretary.

Tidewater, Inc. disclosed $4.31 billion in total assets and $2.34
billion in debt as of Dec. 31, 2016.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel;
Richards,
Layton & Finger, P.A., as co-counsel; Jones Walker LLP, as
corporate counsel;  AlixPartners, LLP, as financial advisors;
Lazard Freres & Co. LLC, as investment banker; KPMG LLP, as
restructuring tax consultant; Deloitte & Touche LLP as auditor and
tax consultant; and Epiq Bankruptcy Solutions, LLC, as
administrative advisors, and claims and solicitation agent.

An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of Tidewater Inc. as of May 31,
according to a court docket.


TRANSGENOMIC INC: Obtains Approval of Merger with Precipio
----------------------------------------------------------
Transgenomic, Inc.'s stockholders have approved the merger with
Precipio Diagnostics, LLC.  Upon completion of the merger, the
Company expects to meet the requirements for its stock to be
relisted on NASDAQ under the new symbol "PRPO."

As previously reported on Oct. 13, 2016, Transgenomic, New Haven
Labs Inc., a wholly-owned subsidiary of the Company, and Precipio
Diagnostics, LLC entered into an Agreement and Plan of Merger
pursuant to which Precipio will become a wholly-owned subsidiary of
the Company, on the terms and subject to the conditions set forth
in the Merger Agreement.  Following the Merger, Transgenomic will
change its name to Precipio, Inc.

Over 90% of the votes cast by Transgenomic shareholders were in
favor of the merger and the other various proposals that were put
forth for consideration at the special stockholder meeting.  In
addition, Precipio Diagnostics' members approved the merger with
over 95% of the outstanding membership interests voting in favor.
Both companies are continuing to work to close the combined
Company's $7 million private placement of preferred convertible
securities, as well as a conversion of all outstanding secured debt
into the combined company's preferred convertible securities.

Upon completion of these remaining conditions, the merger will be
consummated.  Additionally, the conversion of secured debt and
planned capital infusion are expected to provide the combined
company with a clean balance sheet and sufficient capital to pursue
its planned expansion.

Paul Kinnon, Transgenomic president and chief executive officer,
said, "We are very pleased that the merger with Precipio has been
approved by the stakeholders in both companies.  We believe that
the combination of our leading ICE COLD-PCR mutation detection
technology and Precipio Diagnostics' unique business model and
expertise aimed at improving the diagnosis and treatment of cancer
has major clinical and commercial potential."

"We are delighted to have reached this stage and received the
approval of both companies' stockholders and members for the
merger.  We appreciate everyone's patience as the companies went
through this long and complex process, and now we are ready to get
to work and focus together on building the new company," said Ilan
Danieli, Precipio Diagnostics founder and chief executive officer.
"We believe strongly that this is the beginning of increased value
creation for our stockholders and new investors, as we join these
two companies' business models and teams, utilizing our network of
expertise, and proprietary technologies to deliver an improved
level of diagnostic accuracy to patients."

Transgenomic said its ICE COLD-PCR (ICP) offers major advantages
over current sequencing technologies.  It delivers at least a
100-fold improvement in sensitivity compared to standard
methodologies, allowing detection of both known and previously
unknown genetic alterations in any exon of any gene using a single
assay.  It is robust, easy to use and easily implemented, requiring
minimal disruption to established sequencing workflows. ICP
technology is available as ICEme Kits that deliver up to a 500-fold
increase in mutation detection compared to most current methods,
with levels of detection routinely achievable down to 0.01%.  This
ultra-high sensitivity enables detection of low level mutations
that allow accurate patient monitoring as well as stratification of
cancer sub-populations.  ICEme Kits work well with most patient
samples, including tissue, blood, plasma, urine and other
biofluids.  The kits are simple to use and work with most of the
genomic analytic platforms available in laboratories today.  They
are easily customizable for use with single mutations or in
combination.  The current menu includes approximate 20 clinically
relevant, actionable mutations that are associated with important
cancers. Additional mutations are being added on an ongoing basis.

ICE COLD-PCR was originally developed by the laboratory of Dr. Mike
Makrigiorgos at the Dana-Farber Cancer Institute, which has
exclusively licensed rights to the technology to Transgenomic.

                     About Transgenomic

Transgenomic, Inc. -- http://www.transgenomic.com/-- is a global
biotechnology company advancing personalized medicine in oncology
and inherited diseases through advanced diagnostic technologies,
such as its revolutionary ICE COLD-PCR, which enables use of liquid
biopsies for mutation detection.  The company also provides
specialized clinical and research services to biopharmaceutical
companies developing targeted therapies.  Transgenomic's diagnostic
technologies are designed to improve medical diagnoses and patient
outcomes.

Transgenomic reported a net loss available to common stockholders
of $8 million on $1.55 million of net sales for the year ended Dec.
31, 2016, compared with a net loss available to common stockholders
of $34.27 million on $1.92 million of net sales for the year ended
Dec. 31, 2015.  As of Dec. 31, 2016, Transgenomic had $1.25 million
in total assets, $20.61 million in total liabilities, and a total
stockholders' deficit of $19.35 million.

Marcum LLP, in Hartford, CT, issued a "going concern" qualification
on the consolidated financial statements for the year ended Dec.
31, 2016, stating that the Company has incurred operating losses
and used cash for operating activities for the past several years.
This raises substantial doubt about the Company's ability to
continue as a going concern.


TWIN MILLS: Taps Bankruptcy Advocates as Legal Counsel
------------------------------------------------------
Twin Mills Timber & Tie Co., Inc. seeks approval from the U.S.
Bankruptcy Court for the Southern District of Illinois to hire
legal counsel in connection with its Chapter 11 case.

The Debtor proposes to hire Bankruptcy Advocates LLP to, among
other things, prepare a plan of reorganization and pursue the
recovery of its assets.

Darrell Dunham, Esq., and Marcus Herbert, Esq., will charge $250
per hour for their services while paralegals will charge an hourly
fee of $50.  The attorneys received a retainer of $5,000 from the
Debtor.

The firm does not hold or represent any interest adverse to the
Debtor or its bankruptcy estate, and is "disinterested" as defined
in section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Darrell W Dunham, Esq.
     Bankruptcy Advocates LLP
     308 W. Walnut
     Carbondale, IL 62901
     Tel: (618) 549-9800
     Fax: (618) 549-9805
     Email: bankruptcyadvocates@gmail.com

               About Twin Mills Timber & Tie Co.

Twin Mills Timber & Tie Co., Inc. is a small business debtor
engaged in the pallet and wood mat manufacturing.  

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Ill. Case No. 17-40491) on June 5, 2017.  Keith
Wilson, president, signed the petition.  

At the time of the filing, the Debtor disclosed $265,548 in assets
and $1.39 million in liabilities.

Judge Laura K. Grandy presides over the case.

The Debtor previously sought bankruptcy protection (Bankr. S.D.
Ill. Case No. 11-41378) on Oct. 14, 2011.


VANGUARD NATURAL: Amended RSA Requires Plan Approval by July 18
---------------------------------------------------------------
Vanguard Natural Resources, LLC, has entered into an amendment to
the Restructuring Support Agreement with certain noteholders.

Prior to commencing the Chapter 11 Cases, the Debtors entered into
a Restructuring Support Agreement, dated as of Feb. 1, 2017, which
sets forth, subject to certain conditions, the commitment of the
Debtors and the Restructuring Support Parties to support a
comprehensive restructuring of the Debtors' long-term debt
effectuated through the Plan.  The Company initially entered into
the Restructuring Support Agreement with:

     (i) certain holders of the 7.875% Senior Notes due 2020;

    (ii) certain holders of the 8 3/8% Senior Notes due 2019; and

   (iii) certain holders of the 7.0% Senior Secured Second Lien
         Notes due 2023.

On June 6, 2017, certain lenders under the Company's Third Amended
and Restated Credit Agreement among Vanguard Natural Gas, LLC, as
borrower, each guarantor thereunder, Citibank, N.A., as
administrative agent, and the lenders from time to time party
thereto, dated as of September 30, 2011, became parties to the
amended Restructuring Support Agreement dated as of May 23, 2017 --
Consenting RBL Lenders.

The RSA impose these Milestones for VNR:

     -- no later than May 31, 2017, the Debtors shall file with
        the Bankruptcy Court the Hedge Motion;

     -- no later than June 14, 2017, the Bankruptcy Court shall
        enter the Hedge Order;

     -- no later than June 2, 2017, the Bankruptcy Court shall
        enter the Disclosure Approval Order;

     -- no later than July 18, 2017, the Bankruptcy Court shall
        enter the Confirmation Order; and

     -- no later than July 24, 2017, the Company shall have
        received all necessary regulatory and other required
        approvals and consents to consummate the Restructuring in
        accordance with the Agreement, the Plan and Confirmation
        Order and the effective date of the Plan shall occur.

The RSA requires VNR to (a) pay or reimburse when due:

     -- all reasonable and documented fees and expenses
        (including travel costs and expenses) of the following
        (regardless of whether such fees and expenses were
        incurred before or after the Petition Date),

        Milbank, Tweed, Hadley & McCloy LLP as primary counsel,

        Porter Hedges LLP, as local counsel,

        W.D. Von Gonten & Co. (or comparable consulting firm)
          as consultants,

        PJT Partners LP as financial advisor,

        in each case to the Consenting Senior Note Holders and
        Backstop Parties and any such other advisors or
        consultants as may be reasonably determined by the
        Consenting Senior Note Holders and Backstop Parties, in
        consultation with VNR, and

     -- subject to Bankruptcy Court approval, all reasonable and
        documented fees and expenses (including travel costs and
        expenses) of the following (regardless of whether such
        fees and expenses were incurred before or after the
        Petition Date):

        Morrison & Foerster LLP as primary counsel,

        Jackson Walker LLP as local counsel, and

        Centerview Partners LLC as financial advisor,

        in each case to the Consenting Second Lien Note Holders
        and 2L Investors.  The fees and expenses of the RBL Agent
        and holders of RBL Facility Claims shall be paid as
        provided for in the Plan Term Sheet.

On June 6, 2017, the Bankruptcy Court entered the Order approving
the Debtors' disclosure statement filed on May 31, relating to the
Second Amended Joint Plan of Reorganization Pursuant to Chapter 11
of the Bankruptcy Code, dated as of May 31, as containing adequate
information pursuant to section 1125(b) of the Bankruptcy Code for
use in the solicitation of acceptances or rejections of the Plan.

On June 7, the Debtors filed with the Bankruptcy Court the
solicitation version of the Plan, a copy of which is available at
https://is.gd/J6c6bO

A full-text copy of the Restructuring Support Agreement, dated as
of Feb. 1, 2017, reflecting amendments implemented by Amendment
dated May 23, 2017, among the Company, the Restructuring Support
Parties, and the Commitment Parties thereto, is available at
https://is.gd/CWQyex

The RBL lending consortium consists of:

     -- ABN AMRO Capital USA LLC
        Urvashi Zutshi, Managing Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- ZB, N.A. dba Amegy Bank
        G. Scott Collins, Senior Vice President
        Alexander Ouyang, Assistant Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Associated Bank, N.A.
        Alison K. Tregilgas
        Senior Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- BANC OF AMERICA CREDIT PRODUCTS, INC.
        Margaret Sang, Authorized Signatory
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Bank of America, N.A.
        Jacob Carson, Assistant Vice President
        [Solely with respect to the loan or loans managed by the
          Special Asset Division and encompasses only those loan
          or loans so held by Bank of America, N.A. as Consenting
          RBL Lender.]
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- BARCLAYS BANK PLC ("Barclays"), solely in respect of its
          Portfolio Management Group ("PMG") and not any unit
          group, division or affiliate of Barclays and solely in
          respect of PMG's RBL Facility Claims
        May Huang, Assistant Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Black Diamond Credit Strategies Master Fund, Ltd. as a
          Lender
        BY: BDCM Fund Adviser, L.L.C., Its Investment Manager
        Stephen H. Deckoff, Managing Principal
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- BANK OF MONTREAL
        James V. Ducote, Managing Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- CAPITAL ONE, NATIONAL ASSOCIATION
        Stephen Hartman, Assistant Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Citibank N.A.,
        Michael Smolow, Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Citizens Bank N.A.,
        Michael Flynn, Senior Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Comerica Bank
        Chad Stephenson, Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Commonwealth Bank of Australia
        Sanjay Remond, Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Credit Agricole Corporate and Investment Bank
        Ronald E. Spitzer, Managing Director
        Kathleen Sweeney, Managing Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- DEUTSCHE BANK AG NEW YORK BRANCH
        Marcus Tarkington, Director
        Peter Cucchiara, Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- The Huntington National Bank
        Christopher Renyi, Senior Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- ING Capital LLC
        Juli Bieser, Managing Director
        Scott Lamoreaux, Managing Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- JPMORGAN CHASE BANK, N.A., ("JPMC"), solely in respect of
          its Commercial Banking Corporate Client Banking &
          Specialized Industries unit ('"CCBSI") and not any
          other unit, group, division or affiliate of JPMC and
          solely in respect of CCBSI's RBL Facility Claims
          holdings.
        Matthew H. Massie, Managing Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Natixis, New York Branch
        Kenyatta B. Gibbs, Director
        Carlos Quinteros, Managing Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- PNC Bank, N.A.
        John Ataman, SVP
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- ROYAL BANK OF CANADA
        H. Christopher DeCotiis, Attorney-in-Fact
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- THE BANK OF NOVA SCOTIA
        Mark Sparrow, Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Sumitomo Mitsui Banking Corporation
        Toshitake Funaki, Managing Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Sun Trust Bank
        Janet R. Naifeh, Senior Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Wells Fargo Bank, N.A.
        Max Gilbert, Assistant Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Whitney Bank
        Liana Tchernysheva, Senior Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- Fifth Third Bank, an Ohio banking corporation
        David R. Garcia, Vice President
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

     -- UBS AG, Stamford Branch
        Craig Pearson, Associate Director
        Darlene Arias, Director
        Holdings: $[REDACTED] of outstanding principal amount of
          loans under the RBL Facility
        Holdings: $0 of Senior Note Claims
        Holdings: $0 of Second Lien Note Claim

Counsel to the Consenting Second Lien Note Holders:

     John Pintarelli, Esq.
     Jon Levine, Esq.
     Daniel Harris, Esq.
     Morrison & Foerster LLP
     250 West 55th Street
     New York, New York 10019
     Tel: (212) 468-8000
     Fax: (212) 468-7900
     E-mail: jpintarelli@mofo.com
             jonlevine@mofo.com
             dharris@mofo.com

Counsel to the Consenting Senior Note Holders:

     Dennis Dunne, Esq.
     Samuel Khalil, Esq.
     Brian Kinney, Esq.
     Milbank, Tweed, Hadley & McCloy LLP
     28 Liberty Street
     New York, New York 10005
     Tel: (212) 530-5100
     Fax: (212) 530-5219
     E-mail: ddunne@milbank.com
             skhalil@milbank.com
             bkinney@milbank.com

Counsel to the Consenting RBL Lenders:

     Stephen Karotkin, Esq.
     Joseph Smolinsky, Esq.
     Blaire Cahn, Esq.
     Weil, Gotshal & Manges LLP
     767 Fifth Avenue
     New York, New York 10153
     Tel: (212) 310-8000
     Fax: (212) 310-8007
     E-mail: stephen.karotkin@weil.com
             joseph.smolinsky@weil.com
             blaire.cahn@weil.com

               About Vanguard Natural Resources

Vanguard Natural Resources, LLC -- http://www.vnrllc.com/-- is a  

publicly traded limited liability company focused on the
acquisition, production and development of oil and natural gas
properties.  Vanguard's assets consist primarily of producing and
non-producing oil and natural gas reserves located in the Green
River Basin in Wyoming, the Permian Basin in West Texas and New
Mexico, the Gulf Coast Basin in Texas, Louisiana, Mississippi and
Alabama, the Anadarko Basin in Oklahoma and North Texas, the
Piceance Basin in Colorado, the Big Horn Basin in Wyoming and
Montana, the Arkoma Basin in Arkansas and Oklahoma, the Williston
Basin in North Dakota and Montana, the Wind River Basin in
Wyoming,
and the Powder River Basin in Wyoming.

Vanguard Natural Resources, LLC, and certain subsidiaries filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Tex. Lead Case No. 17-30560) on Feb. 2, 2017.
The Chapter 11 cases are assigned to the Hon. Judge Marvin Isgur.

The Debtors listed total assets of $1.54 billion and total debt
of $2.3 billion as of Feb. 1, 2017.

Paul Hastings LLP is serving as legal counsel and Evercore
Partners is acting as financial advisor to Vanguard.  Opportune
LLP is the Company's restructuring advisor.  Prime Clerk LLC is
serving as claims and noticing agent.

Judy R. Robbins, the U.S. Trustee for Region 7, on Feb. 14, 2017,
appointed three creditors to serve on the official committee of
unsecured creditors appointed in the Debtor's case.  The Committee
hired Akin Gump Strauss Hauer & Feld LLP as counsel and FTI
Consulting, Inc., as financial advisor.

The Company on March 16, 2017, filed a motion with the Bankruptcy
Court disclosing a Stipulation and Agreed Order entered into on
March 15, 2017, by and between the Debtors and certain
unaffiliated
holders of its Preferred Units and common units pursuant to which
the Debtors and the Ad Hoc Equity Committee agreed, among other
things, that professionals for the Ad Hoc Equity Committee would
be
funded by the Debtors' estates for services performed within a
defined scope and subject to agreed caps on fees and expenses as
described in the Stipulation and Agreed Order.

Counsel to the Ad Hoc Equity Committee are Sharon M. Beausoleil,
Esq., Alexander Chae, Esq., and Holland N. O'Neil, Esq., at
Gardere Wynne Sewell LLP.

Attorneys for Citibank, N.A, as administrative agent under the
Third Amended and Restated Credit Agreement, dated as of Sept. 30,
2011, are Chris Lopez, Esq., Stephen Karotkin, Esq., and Joseph H.
Smolinsky, Esq., at Weil Gotshal & Manges LLP.

                           *    *     *

The Court has approved the disclosure statement explaining
Vanguard
Natural Resources, LLC and certain subsidiaries' Second Amended
Joint Plan of Reorganization, dated May 31, 2017.

Upon consummation of the Plan, the Company will sell all of its
assets to a corporation owned by those parties participating in
the
rights offering and the second lien lenders in exchange for the
assumption of the Company's first lien debt, the assumption of the
Company's second lien debt, a cash payment from the Acquiring
Corporation, common stock of the Acquiring Corporation and
warrants
to acquire common stock of the Acquiring Corporation.


VIDEO DISPLAY: Carr Riggs & Ingram Casts Going Concern Doubt
------------------------------------------------------------
Video Display Corporation filed with the U.S. Securities and
Exchange Commission its annual report on Form 10-K, disclosing a
net loss of $1.01 million on $19.64 million of net sales for the
fiscal year ended February 28, 2017, compared with net loss $6.15
million on $18.37 million of net sales for the fiscal year ended
February 29, 2016.

Carr, Riggs & Ingram, LLC, states that the Company has incurred
recurring net losses and a decline in working capital and liquid
assets.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.

At February 28, 2017, the Company had total assets of $11.43
million, total liabilities of $3.97 million, and $7.46 million in
total stockholders' equity.

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

                  http://bit.ly/2ragOa9

Video Display Corporation is a provider and manufacturer of video
products, components, and systems for visual display and
presentation of electronic information media in a variety of
requirements and environments.  The Company designs, engineers,
manufactures, markets, distributes and installs technologically
advanced display products and systems, from basic components to
turnkey systems, for government, military, aerospace, medical,
industrial, and commercial organizations.  The Company markets its
products worldwide primarily from facilities located in the United
States.



WELCH MANAGEMENT: Court Denies Okay of Plan Outline
---------------------------------------------------
On May 9, 2017, at 2:00 p.m., the Hon. Mark Houle of the U.S.
Bankruptcy Court for the Central District of California held
hearing on Welch Management Corporation's motion for approval of
its disclosure statement.  Objection to the disclosure statement
was filed by US Rep Retail I, LLC.

For the reasons stated in open Court at the hearing on May 9, and
good cause appearing, Judge Houle ordered that the Debtor's motion
for approval of its disclosure statement is denied.

                     About Welch Management

Welch Management Corporation, based in Rancho Cucamonga,
California, filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
16-14140) on May 9, 2016. The Hon. Mark D. Houle presides over the
case.  Stephen R. Wade, at the Law Office of Stephen R. Wade,
serves as the Debtor's bankruptcy counsel.

In its petition, the Debtor estimated assets of $100,000 to
$500,000 and estimated liabilities of $1 million to $10 million.
The petition was signed by John Terrence Eubanks, president.


WHAA LLC: Taps Margarit Kazaryan as Legal Counsel
-------------------------------------------------
Whaa LLC seeks approval from the U.S. Bankruptcy Court for the
Central District of California to hire legal counsel in connection
with its Chapter 11 case.

The Debtor proposes to hire the Law Offices of Margarit Kazaryan
to, among other things, give legal advice regarding its duties
under the Bankruptcy Code, negotiate with creditors, and assist in
the preparation and implementation of a bankruptcy plan.

Margarit Kazaryan, Esq., will charge an hourly fee of $250 for her
services.

Ms. Kazaryan disclosed in a court filing that she and her firm are
"disinterested persons" as defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Margarit Kazaryan, Esq.
     Law Offices of Margarit Kazaryan
     1200 S Brand Blvd Ste 180
     Glendale, CA 91204
     Tel: 818-296-9141
     Fax: 818-296-9092
     Email: kazaryanlaw@gmail.com

                          About Whaa LLC

Whaa LLC is the fee simple owner of a commercial building located
at 5494 E. Arrow Highway, Montclair, California, valued at
$975,000.  It also has a fee simple interest in an industrial
commercial property located at 5512 Arrow Highway, Montclair, with
a current value of $975,000.  

Whaa LLC is an affiliate of Biodata Medical Laboratories, Inc. that
sought bankruptcy protection on Nov. 28, 2016 (Bankr. C.D. Calif.
Case No. 16-20446).

Whaa LLC sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. C.D. Calif. Case No. 17-14661) on June 2, 2017.  Henry
Wallach, managing member, signed the petition.  At the time of the
filing, the Debtor disclosed $2.01 million in assets and $1.36
million in liabilities.

Judge Mark S. Wallace presides over the case.


WORLD IMPORTS: Asks Court to Approve Disclosure Statement
---------------------------------------------------------
World Imports, Ltd., World Imports South, LLC, World Imports
Chicago, LLC and the Official Committee of Unsecured Creditors of
the Estate of World Imports, Ltd., ask the U.S. Bankruptcy Court
for the Eastern District of Pennsylvania to approve their
disclosure statement in support of their joint plan of
reorganization, dated June 2, 2017.
  
The Debtors and the Committee also request that the date set forth
for filing acceptances and rejections be set as the deadline for
filing objections to confirmation of the Plan.

The Debtors and the Committee further request that all objections
to confirmation be filed by 5:00 p.m. of the day set as the
deadline for filing objections to Confirmation of the Plan.

The Debtors also ask that three days prior to the Confirmation
Hearing be set as the deadline for the Debtors' to file their Plan
Voting Report.

The Debtors also filed the ballot for accepting or rejecting the
plan of organization, a copy of which is available at:

     http://bankrupt.com/misc/paeb13-15933-40.pdf

                     About World Imports

World Imports, Ltd., filed a Chapter 11 petition (Bankr. E.D. Pa.
Case No. 13-15929) on July 3, 2013, in Philadelphia.  Debtor-
affiliates World Imports South, LLC (Bankr. E.D. Pa. Case No.
13-15933), 11000 LLC (Bankr. E.D. Pa. Case No. 13-15934, and World
Imports Chicago, LLC (Bankr. E.D. Pa. Case No. 13-15935) filed
separate petitions for Chapter 11 relief.  The cases are jointly
administered under Case No. 13-15929.  John E. Kaskey, Esq., at
Braverman Kaskey, P.C., in Philadelphia, serves as counsel to the
Debtors.  World Imports, Ltd., estimated assets and debts of $10
million to $50 million.  World Imports South, LLC, estimated
assets of $1 million to $10 million.

Roberta A. DeAngelis, United States Trustee for Region 3, appointed
a 3-member Committee of Unsecured Creditors.  Fox Rothschild LLP is
counsel to Committee.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Hawshon Daniel Riley
   Bankr. C.D. Cal. Case No. 17-16798
      Chapter 11 Petition filed June 2, 2017
         Filed Pro Se

In re Durie J. Purvis and Toy Gee Wong
   Bankr. C.D. Cal. Case No. 17-16829
      Chapter 11 Petition filed June 2, 2017
         represented by: Matthew Abbasi, Esq.
                         ABBASI LAW CORPORATION
                         E-mail: matthew@malawgroup.com

In re 8281 Merrill Road C, LLC
   Bankr. S.D. Fla. Case No. 17-17028
      Chapter 11 Petition filed June 2, 2017
         See http://bankrupt.com/misc/flsb17-17028.pdf
         represented by: Brett D. Lieberman, Esq.
                         MESSANA, P.A.
                         E-mail: blieberman@messana-law.com

In re Metro Housing Project, LLC
   Bankr. D. Md. Case No. 17-17618
      Chapter 11 Petition filed June 2, 2017
         See http://bankrupt.com/misc/mdb17-17618.pdf
         represented by: Alon Nager, Esq.
                         NAGER LAW GROUP, LLC
                         E-mail: alon@nagerlaw.com

In re Aurora Bike Shop, Inc. d/b/a The Bike Shop
   Bankr. W.D.N.Y. Case No. 17-11175
      Chapter 11 Petition filed June 2, 2017
         See http://bankrupt.com/misc/nywb17-11175.pdf
         represented by: Arthur G. Baumeister, Jr., Esq.
                         BAUMEISTER DENZ LLP
                         E-mail: abaumeister@bdlegal.net

In re Rock Star Chef Corporation
   Bankr. D.P.R. Case No. 17-03998
      Chapter 11 Petition filed June 2, 2017
         See http://bankrupt.com/misc/prb17-03998.pdf
         represented by: Noemi Landrau Rivera, Esq.
                         LANDRAU RIVERA & ASSOCIATES
                         E-mail: nlandrau@landraulaw.com

In re Roberta Moberley Dickson
   Bankr. E.D. Ky. Case No. 17-51159
      Chapter 11 Petition filed June 2, 2017
         represented by: John Thomas Hamilton, Esq.
                         GESS MATTINGLY & ATCHISON
                         E-mail: jhamilton@gmalaw.com

In re Florence Irene Ziegenbein
   Bankr. D. Neb. Case No. 17-80787
      Chapter 11 Petition filed June 2, 2017
         represented by: John C. Hahn, Esq.
                         WOLFE, SNOWDEN, HURD, LUERS & AHL, LLP
                         E-mail: bankruptcy@wolfesnowden.com

In re Vladimir Binkevich
   Bankr. E.D.N.Y. Case No. 17-42905
      Chapter 11 Petition filed June 2, 2017
         represented by: Alla Kachan, Esq.
                         E-mail: alla@kachanlaw.com

In re Davin Lamm
   Bankr. E.D. Pa. Case No. 17-13863
      Chapter 11 Petition filed June 2, 2017
         represented by: Albert A. Ciardi, III, Esq.
                         CIARDI CIARDI & ASTIN, P.C.
                         E-mail: aciardi@ciardilaw.com

In re CIG Investments, LLC
   Bankr. W.D. Wash. Case No. 17-42182
      Chapter 11 Petition filed June 2, 2017
         See http://bankrupt.com/misc/wawb17-42182.pdf
         represented by: Olga Rotstein, Esq.
                         ROTSTEIN LAW OFFICE PC
                         E-mail: olga.bankruptcy@gmail.com

In re Gregory John Apanowicz
   Bankr. N.D.W. Va. Case No. 17-00595
      Chapter 11 Petition filed June 2, 2017
         represented by: D. Conrad Gall, Esq.
                         E-mail: dcgall4@frontier.com

In re Steven Nia
   Bankr. C.D. Cal. Case No. 17- 11495
      Chapter 11 Petition filed June 4, 2017
         represented by: Stephen L. Burton, Esq.
                         E-mail: steveburtonlaw@aol.com

In re Jason Scott Lopez and Collene Carol Lopez
   Bankr. C.D. Cal. Case No. 17-12256
      Chapter 11 Petition filed June 4, 2017
         represented by: Michael R Totaro, Esq.
                         TOTARO & SHANAHAN
                         E-mail: Ocbkatty@aol.com

In re SCR Entertainment, LLC
   Bankr. E.D. Tex. Case No. 17-10325
      Chapter 11 Petition filed June 3, 2017
         See http://bankrupt.com/misc/txeb17-10325.pdf
         Filed Pro Se

In re Ivan Amnay
   Bankr. M.D. Fla. Case No. 17-03697
      Chapter 11 Petition filed June 5, 2017
         represented by: Joel S. Treuhaft, Esq.
                         E-mail: jstreuhaft@yahoo.com

In re Richard Gerard Budzinski
   Bankr. M.D. Fla. Case No. 17-03698
      Chapter 11 Petition filed June 5, 2017
         represented by: Jeffrey Ainsworth, Esq.
                         BRANSONLAW PLLC
                         E-mail: jeff@bransonlaw.com

In re Michael Steven Propper and Susan Bette Propper
   Bankr. S.D. Fla. Case No. 17-17080
      Chapter 11 Petition filed June 5, 2017
         represented by: Nadine V. White-Boyd, Esq.
                         E-mail: nvwboyd@aol.com

In re Wendy Taylor Homes, Inc.
   Bankr. M.D. Ga. Case No. 17-51204
      Chapter 11 Petition filed June 5, 2017
         See http://bankrupt.com/misc/gamb17-51204.pdf
         represented by: Wesley J. Boyer, Esq.
                         KATZ, FLATAU, AND BOYER, LLP
                         E-mail: wjboyer_2000@yahoo.com

In re Dennis James Durkin
   Bankr. N.D. Ga. Case No. 17-59804
      Chapter 11 Petition filed June 5, 2017
         represented by: George M. Geeslin, Esq.
                         E-mail: George@GMGeeslinLaw.com

In re Liklon Group LLC
   Bankr. N.D. Ga. Case No. 17-59923
      Chapter 11 Petition filed June 5, 2017
         See http://bankrupt.com/misc/ganb17-59923.pdf
         Filed Pro Se

In re Briggs Development & Property Management, LLC
   Bankr. N.D. Ga. Case No. 17-59993
      Chapter 11 Petition filed June 5, 2017
         See http://bankrupt.com/misc/ganb17-59993.pdf
         represented by: Lee A. Frison, Jr., Esq.
                         LEE A. FRISON, JR., P.C.
                         E-mail: lee@frisonlaw.com

In re Maison Hugo LLC
   Bankr. S.D.N.Y. Case No. 17-11554
      Chapter 11 Petition filed June 5, 2017
         See http://bankrupt.com/misc/nysb17-11554.pdf
         represented by: Eric C. Zabicki, Esq.
                         PICK & ZABICKI LLP
                         E-mail: ezabicki@picklaw.net

In re NSS Financial Services, LLC
   Bankr. S.D.N.Y. Case No. 17-11564
      Chapter 11 Petition filed June 5, 2017
         See http://bankrupt.com/misc/nysb17-11564.pdf
         represented by: Scott A. Steinberg, Esq.
                         LAW OFFICE OF SCOTT A. STEINBERG
                         E-mail: ssteinberg@saslawfirm.net

In re Lawrence M. Barrego
   Bankr. S.D.N.Y. Case No. 17-22902
      Chapter 11 Petition filed June 5, 2017
         represented by: Amanda Medina, Esq.
                         E-mail: abogado1@aol.com

In re Blue Moon Hotel & Swim Club, Inc.
   Bankr. E.D. Pa. Case No. 17-13938
      Chapter 11 Petition filed June 5, 2017
         See http://bankrupt.com/misc/paeb17-13938.pdf
         represented by: Jonathan H. Stanwood, Esq.
                         LAW OFFICE OF JONATHAN H. STANWOOD, LLC
                         E-mail: jhs@stanwoodlaw.com

In re Mountain Calico, Inc.
   Bankr. N.D. Tex. Case No. 17-50146
      Chapter 11 Petition filed June 5, 2017
         See http://bankrupt.com/misc/txnb17-50146.pdf
         represented by: David Max Seeberger, Esq.
                         DAVID M. SEEBERGER ATTORNEY AT LAW
                         E-mail: dseeberger@sbcglobal.net

In re Gutierrez Furniture & Appliances, LLC
   Bankr. S.D. Tex. Case No. 17-70207
      Chapter 11 Petition filed June 5, 2017
         See http://bankrupt.com/misc/txsb17-70207.pdf
         represented by: Marcos Demetrio Oliva, Esq.
                         MARCOS D. OLIVA, PC
                         E-mail: marcos@olivalawfirm.com

In re Livier Fullerton
   Bankr. S.D. Tex. Case No. 17-70208
      Chapter 11 Petition filed June 5, 2017
         represented by: Antonio Villeda, Esq.
                         E-mail: avilleda@mybusinesslawyer.com

In re Ubaldo Juarez
   Bankr. D. Ariz. Case No. 17-06277
      Chapter 11 Petition filed June 6, 2017
         represented by: Thomas Allen, Esq.
                         ALLEN BARNES & JONES, PLC
                         E-mail: tallen@allenbarneslaw.com

In re William Paul Seiverd, Jr.
   Bankr. C.D. Cal. Case No. 17-16915
      Chapter 11 Petition filed June 6, 2017
         represented by: Michael R. Totaro, Esq.
                         TOTARO & SHANAHAN
                         E-mail: Ocbkatty@aol.com

In re William Paul Seiverd, Jr.
   Bankr. C.D. Cal. Case No. 17-16915
      Chapter 11 Petition filed June 6, 2017
         represented by: Michael R Totaro, Esq.
                         TOTARO & SHANAHAN
                         E-mail: Ocbkatty@aol.com

In re Igor S. Babichenko and Natalya I. Babichenko
   Bankr. M.D. Fla. Case No. 17-02075
      Chapter 11 Petition filed June 6, 2017
         represented by: Brett A Mearkle, Esq.
                         THE LAW OFFICES OF BRETT A. MEARKLE, P.A
                         E-mail: bmearkle@mearklelaw.com

In re Robert Lynch Moultrie, Sr.
   Bankr. N.D. Ga. Case No. 17-11208
      Chapter 11 Petition filed June 6, 2017
         represented by: Howard D. Rothbloom, Esq.
                         THE ROTHBLOOM LAW FIRM
                         E-mail: howard@rothbloom.com

In re Johnny M's Pizza Bistro LLC
   Bankr. N.D. Ga. Case No. 17-60086
      Chapter 11 Petition filed June 6, 2017
         See http://bankrupt.com/misc/ganb17-60086.pdf
         Filed Pro Se

In re Thomas O. Eifler, Sr.
   Bankr. W.D. Ky. Case No. 17-31862
      Chapter 11 Petition filed June 6, 2017
         See http://bankrupt.com/misc/kywb17-31862.pdf
         represented by: James Edwin McGhee, III, Esq.
                         KAPLAN & PARTNERS LLP
                         E-mail: jmcghee@kplouisville.com

In re Orama Hospitality Group, Ltd.
   Bankr. D.N.J. Case No. 17-21720
      Chapter 11 Petition filed June 6, 2017
         See http://bankrupt.com/misc/njb17-21720.pdf
         represented by: John W. Sywilok, Esq.
                         JOHN W. SYWILOK LLC
                         E-mail: sywilokattorney@sywilok.com

In re Nyesha Paris and Nyesha Paris
   Bankr. E.D. Pa. Case No. 17-13953
      Chapter 11 Petition filed June 6, 2017
         Filed Pro Se

In re Western Hiperbaric Services, P.S.C.
   Bankr. D.P.R. Case No. 17-04062
      Chapter 11 Petition filed June 6, 2017
         See http://bankrupt.com/misc/prb17-04062.pdf
         represented by: Gloria Justiniano Irizarry, Esq.
                         JUSTINIANO'S LAW OFFICE
                         E-mail: justinianolaw@gmail.com

In re Hyperbarics and Wound Care Centers of Puerto Rico Corp.
   Bankr. D.P.R. Case No. 17-04063
      Chapter 11 Petition filed June 6, 2017
         See http://bankrupt.com/misc/prb17-04063.pdf
         represented by: Gloria Justiniano Irizarry, Esq.
                         JUSTINIANO'S LAW OFFICE
                         E-mail: justinianolaw@gmail.com

In re Outpatient Alternatives Corp.
   Bankr. D.P.R. Case No. 17-04064
      Chapter 11 Petition filed June 6, 2017
         See http://bankrupt.com/misc/prb17-04064.pdf
         represented by: Gloria Justiniano Irizarry, Esq.
                         JUSTINIANO'S LAW OFFICE
                         E-mail: justinianolaw@gmail.com

In re Ponce Hyperbaric & Wound Care Center
   Bankr. D.P.R. Case No. 17-04065
      Chapter 11 Petition filed June 6, 2017
         See http://bankrupt.com/misc/prb17-04065.pdf
         represented by: Gloria Justiniano Irizarry, Esq.
                         JUSTINIANO'S LAW OFFICE
                         E-mail: justinianolaw@gmail.com

In re Zharko Mark Kalaj
   Bankr. N.D. Tex. Case No. 17-32256
      Chapter 11 Petition filed June 6, 2017
         represented by: Charles R. Chesnutt, Sr., Esq.
                         CHARLES R. CHESNUTT, P.C.
                         E-mail: cc@chapter7-11.com

In re Jeffrey Charles Hatfield
   Bankr. C.D. Cal. Case No. 17-16964
      Chapter 11 Petition filed June 7, 2017
         represented by: Eliza Ghanooni, Esq.
                         ELIZA GHANOONI, ATTORNEY AT LAW
                         E-mail: eliza@ghanoonilaw.com

In re Food Hub Orange Park, Inc.
   Bankr. M.D. Fla. Case No. 17-02086
      Chapter 11 Petition filed June 7, 2017
         See http://bankrupt.com/misc/flmb17-02086.pdf
         represented by: Jason A. Burgess, Esq.
                         THE LAW OFFICES OF JASON A. BURGESS, LLC
                         E-mail: jason@jasonaburgess.com

In re Neil C. Williams, IV
   Bankr. M.D. Fla. Case No. 17-04975
      Chapter 11 Petition filed June 7, 2017
         represented by: Daniel R. Fogarty, Esq.
                         STICHTER, RIEDEL, BLAIN & POSTLER, P.A.
                         E-mail: dfogarty.ecf@srbp.com

In re Omar Marroquin
   Bankr. D. Nev. Case No. 17-13031
      Chapter 11 Petition filed June 7, 2017
         represented by: Michael J. Harker, Esq.
                         E-mail: notices@harkerlawfirm.com

In re Cameron Bassett Gallaway
   Bankr. D. Nev. Case No. 17-50706
      Chapter 11 Petition filed June 7, 2017
         represented by: J Craig Demetras, Esq.
                         E-mail: mail@demetras-oneill.com

In re Home Expert Development Inc.
   Bankr. E.D.N.Y. Case No. 17-42962
      Chapter 11 Petition filed June 7, 2017
         See http://bankrupt.com/misc/nyeb17-42962.pdf
         represented by: Patrick Christopher, Esq.
                         PATRICK CHRISTOPHER P.C.
                         E-mail: patrick@pchristopherlaw.com

In re Scott Medical Health Center, P.C.
   Bankr. W.D. Pa. Case No. 17-22357
      Chapter 11 Petition filed June 7, 2017
         See http://bankrupt.com/misc/pawb17-22357.pdf
         represented by: Christopher M. Frye, Esq.
                         STEIDL & STEINBERG
                         E-mail: chris.frye@steidl-steinberg.com

In re Lucas Ramirez Marquez and Ingrid Diaz Brache
   Bankr. D.P.R. Case No. 17-04089
      Chapter 11 Petition filed June 7, 2017
         represented by: Carmen D. Conde Torres, Esq.
                         C. CONDE & ASSOC.
                         E-mail: notices@condelaw.com

In re RAMIREZ OB-GYN, PSC
   Bankr. D.P.R. Case No. 17-04090
      Chapter 11 Petition filed June 7, 2017
         See http://bankrupt.com/misc/prb17-04090.pdf
         represented by: Carmen D. Conde Torres, Esq.
                         C. CONDE & ASSOC.
                         E-mail: notices@condelaw.com

In re Felicia Fay King
   Bankr. M.D. Tenn. Case No. 17-03932
      Chapter 11 Petition filed June 7, 2017
         represented by: Steven L. Lefkovitz, Esq.
                         LAW OFFICES LEFKOVITZ & LEFKOVITZ
                         E-mail: slefkovitz@lefkovitz.com

In re Northwest Patio Design Inc
   Bankr. W.D. Wash. Case No. 17-12585
      Chapter 11 Petition filed June 7, 2017
         See http://bankrupt.com/misc/wawb17-12585.pdf
         represented by: Jesse Valdez, Esq.
                         Valdez Lehman PLLC
                         E-mail: jesse@valdezlehman.com

In re Bienvenida G. Poco
   Bankr. C.D. Cal. Case No. 17-17042
      Chapter 11 Petition filed June 8, 2017
         represented by: Eric J. Gravel, Esq.
                         LAW OFFICES OF ERIC J GRAVEL
                         E-mail: ejvgravel@gmail.com

In re Elizabeth Lorraine Settles
   Bankr. E.D. Cal. Case No. 17-23853
      Chapter 11 Petition filed June 8, 2017
         Filed Pro Se

In re Eric L. Walker and Tamara Ghlyn Walker
   Bankr. D. Colo. Case No. 17-15331
      Chapter 11 Petition filed June 8, 2017
         represented by: Arthur Lindquist-Kleissler, Esq.
                         E-mail: Arthuralklaw@gmail.com

In re The Cupcake Spot & Sweet, Inc.
   Bankr. M.D. Fla. Case No. 17-05015
      Chapter 11 Petition filed June 8, 2017
         See http://bankrupt.com/misc/flmb17-05015.pdf
         represented by: Marshall G Reissman, Esq.
                         THE REISSMAN LAW GROUP
                         E-mail: marshall@reissmanlaw.com

In re Fox Run Creek Estates Holdings LLC
   Bankr. S.D. Fla. Case No. 17-17221
      Chapter 11 Petition filed June 8, 2017
         See http://bankrupt.com/misc/flsb17-17221.pdf
         represented by: Joann M. Hennessey, Esq.
                         CIVIL JUSTICE ADVOCATED
                         E-mail: joann@cjapl.com

In re Curtis Henry Faircloth, Jr. and Sharon Stewart Faircloth
   Bankr. E.D.N.C. Case No. 17-02861
      Chapter 11 Petition filed June 8, 2017
         represented by: Richard D. Sparkman, Esq.
                         RICHARD D. SPARKMAN & ASSOC., P.A.
                         E-mail: rds@sparkmanlaw.com

In re Zone 5, Inc. f/k/a Zone V Lithographic Pre-Press, Inc.
   Bankr. N.D.N.Y. Case No. 17-11087
      Chapter 11 Petition filed June 8, 2017
         See http://bankrupt.com/misc/nynb17-11087.pdf
         represented by: Richard L. Weisz, Esq.
                         HODGSON RUSS LLP
                         E-mail: Rweisz@hodgsonruss.com

In re Henry Charles Herrmann and Karen Joan Herrmann
   Bankr. E.D. Pa. Case No. 17-14040
      Chapter 11 Petition filed June 8, 2017
         represented by: Harry J. Giacometti, Esq.
                         FLASTER/GREENBERG, P.C.
                    E-mail: harry.giacometti@flastergreenberg.com

In re Quayco, LLC
   Bankr. W.D. Pa. Case No. 17-22377
      Chapter 11 Petition filed June 8, 2017
         See http://bankrupt.com/misc/pawb17-22377.pdf
         represented by: Donald R. Calaiaro, Esq.
                         CALAIARO VALENCIK
                         E-mail: dcalaiaro@c-vlaw.com

In re Juan Eduardo Guzman
   Bankr. C.D. Cal. Case No. 17-11044
      Chapter 11 Petition filed June 9, 2017
         represented by: Onyinye N. Anyama, Esq.
                         ANYAMA LAW FIRM
                         E-mail: onyi@anyamalaw.com

In re Hampton Heights Inc.
   Bankr. C.D. Cal. Case No. 17-11545
      Chapter 11 Petition filed June 9, 2017
         See http://bankrupt.com/misc/cacb17-11545.pdf
         represented by: Peter C. Bronstein, Esq.
                         LAW OFFICES OF PETER C. BRONSTEIN
                         E-mail: peterbronz@yahoo.com

In re Ravello Ventures Inc.
   Bankr. C.D. Cal. Case No. 17-11546
      Chapter 11 Petition filed June 9, 2017
         See http://bankrupt.com/misc/cacb17-11546.pdf
         represented by: Peter C. Bronstein, Esq.
                         LAW OFFICES OF PETER C. BRONSTEIN
                         E-mail: peterbronz@yahoo.com

In re John Batista
   Bankr. M.D. Fla. Case No. 17-05045
      Chapter 11 Petition filed June 9, 2017
         represented by: James W. Elliott, Esq.
                         MCINTYRE THANASIDES BRINGGOLD, ET. AL.
                         E-mail: james@mcintyrefirm.com

In re B & B Metals, Inc.
   Bankr. C.D. Ill. Case No. 17-80859
      Chapter 11 Petition filed June 9, 2017
         See http://bankrupt.com/misc/ilcb17-80859.pdf
         represented by: Justin Raver, Esq.
                         BARASH & EVERETT LLC
                         E-mail: justin@barashlaw.com

In re New Jersey Fitness, LLC
   Bankr. D.N.J. Case No. 17-21940
      Chapter 11 Petition filed June 9, 2017
         See http://bankrupt.com/misc/njb17-21940.pdf
         represented by: Brian W. Hofmeister, Esq.
                         LAW FIRM OF BRIAN W. HOFMEISTER, LLC
                         E-mail: bwh@hofmeisterfirm.com

In re Lisa Lord, Inc.
   Bankr. E.D. Tex. Case No. 17-10339
      Chapter 11 Petition filed June 9, 2017
         See http://bankrupt.com/misc/txeb17-10339.pdf
         represented by: Robert E. Barron, Esq.
                         BARRON & BARRON, LLP
                         E-mail: ecffiling@rbarronlaw.com

In re Second Chances WV LLC
   Bankr. S.D. W.Va. Case No. 17-50174
      Chapter 11 Petition filed June 9, 2017
         See http://bankrupt.com/misc/wvsb17-50174.pdf
         represented by: William W. Pepper, Esq.
                         PEPPER AND NASON
                         E-mail: tinas@peppernason.com


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
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
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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.  
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