TCR_Public/170816.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, August 16, 2017, Vol. 21, No. 227

                            Headlines

186-14 WILLIAMSON: Hearing on Plan Outline Scheduled for Aug. 24
A & A OF MARION: Case Summary & Unsecured Creditor
ABACUS INVESTMENT: U.S. Trustee Unable to Appoint Committee
ACME SKILLMAN: Case Summary & 20 Largest Unsecured Creditors
ADAMS RESOURCES: Sale of Oil and Gas Assets for $2.6M Approved

AIMIA INC: S&P Lowers CCR to BB- & Sr. Secured Notes Rating to BB
ALLINGER PROPERTIES: Sale of Mobile Home Park for $1.5M Approved
AMERICAN CONSUMERS: Mitchell Grocery Buying All Assets for $800K
AMERICAN ROCK: Moody's Affirms B3 CFR & Cuts Term Loan Rating to B3
AMJ PLUMBING: Motion to Use Cash Collateral for Payroll Denied

AMJ PLUMBING: Seeks Authorization to Use Cash Collateral
AMSTAR EMERGENCY: Case Summary & 20 Largest Unsecured Creditors
ATHANAS FENCE: Plan Filing Deadline Moved to Aug. 14
AURORA GAS: Aurora Exploration Buying equipment for $100K
AURORA GAS: Selling Equipment at Minimum Prices or Higher

AXIOS LOGISTICS: Receiver Selling All Assets for CAD$450K
B&T ENTERPRISES: Sept. 13 Plan Confirmation Hearing
BICOM NY: Sept. 18 Auction of All Assets Approved
BING ENERGY: VPJP Opposes Approval of Plan Outline
BP ORTHOLITE: S&P Lowers Then Withdraws 'B' CCR on Trilantic Deal

BREITBURN ENERGY: Has Nod to Enter Into Swap Pacts With DIP Lenders
BRISTLECONE INC: $200K Sale of Assets to Gas Hole Approved
CITY WIDE INVESTMENTS: Hires Commercial Property as Appraiser
CLINE GRAIN: Proposes Nov. 15 Auction of 172 Acres of Farm Land
COLUMBIA HOUSE: Liquidating Trustee Tries to Claw Back Millions

CONCORDIA INTERNATIONAL: Incurs US$1.01B Net Loss in 2nd Quarter
CONDO 64: Hires Francis J April CPA as Accountant
CONNEAUT LAKE VOLUNTEER: Wants Authority to Use Cash Collateral
CORPORATE RESOURCE: Court Closes Noors' Appeals Case
CROSSROADS SYSTEMS: Files for Chapter 11 With Prepack Plan

DEARBORN VILLAGE: Wilson Rental Buying Helena Property for $600K
DELL INC: Moody's Affirms Ba1 Corp. Family Rating, Outlook Stable
DUNDEE ENERGY: Files Notice of Intention to Make BIA Proposal
DUNDEE ENERGY: TSX to Delist Common Shares on Sept. 11
DVR LLC: Trustee Selling 10,000 Acres in New Mexico for $4.8M

ECLIPSE AVIATION: 3rd Cir. Tosses Class Suit over Abrupt Layoffs
ELECTRO RENT: Moody's Affirms B3 CFR & Caa2 2nd Lien Loan Rating
FB COVENTRY: Hires Sinel Wilfand & Vinci as Experts & Accountants
FB COVENTRY: Wants to Continue Using Cash Collateral Until Oct. 27
FB MALL: Wants OK on Continued Cash Collateral Use Thru Oct. 27

FOSTER ENTERPRISES: Chu and Li Buying Covina Property for $1.1M
FOUNDATION HEALTHCARE: To Liquidate Assets to Pay Creditors
FREE GOSPEL CHURCH: Hires Fairfax Realty as Real Estate Broker
GANDER MOUNTAIN: Rejecting Executory Contracts and Leases
GLOWPOINT INC: Decline in Revenues Raise Going Concern Doubt

GOOD FIGHT: Whitney Bank to Get $320.31 in 59Monthly Installments
HAIRLAND CORP: Court Okays Disclosures, Confirms Plan
HEALTH DIAGNOSTIC: Court Narrows Claims in Suit vs Mallory, Et Al.
HHH CHOICES: HHHW's Exit Plan to Pay Unsecured Claims in Full
IGNITE RESTAURANT: Landry's Wins Auction for $57-Mil.

IMPERIAL METALS: Reports Q2 Financial Results, Obtains Waiver
INDUSTRIAL TOOL: Hires Keith S. Smartt as Bankruptcy Counsel
INDUSTRIAL TOOL: Hires Rufus W. Gonder as Accountant
JRD CONTRACTING: Case Summary & 20 Largest Unsecured Creditors
KEELER'S MEDICAL: Asks Court to Direct U.S. Trustee to Appoint PCO

KGC HOMEOWNERS: Court Rules on WDM's Suit Dismissal Motion
KING'S PEAK: Can Use Cash for August 2017 Expenses, Pay Proven
KNIGHT ENERGY: DIP Financing Sets Plan and Sale Milestones
LA PALOMA: To Sell Electric Generating Facility to Pay Creditors
MARBLES HOLDINGS: Hearing on Plan & Disclosures Set for Aug. 30

MARYLAND ECONOMIC: S&P Ups 2015 Student Housing Bonds Rating to BB+
MEDIFOCUS INC: UHY McGovern Hurley Casts Going Concern Doubt
MERRIMACK PHARMACEUTICALS: Posts $511.6 Million Net Income in Q2
MICROVISION INC: Requires More Capital to Continue as Going Concern
NEOPS HOLDINGS: Has Interim OK to Obtain DIP Financing, Use Cash

NEW ENGLAND MECHANICAL: Needs Cash for September 2017 Expenses
NORTHERN CAPITAL: Case Summary & 9 Unsecured Creditors
NP HOLDINGS: Hearing on Plan Outline Approval Set for Sept. 7
NUVERRA ENVIRONMENTAL: Incurs $19.6M Net Loss in Second Quarter
OCALA FUNDING: Trustee Selling Mortgage Loans to ABS for $16M

OLD FASHION BUTCHER: Has Cash Use Agreement From Lender
PAC ANCHOR: U.S. Trustee Forms 2-Member Committee
PACIFIC DRILLING: Liquidity Constraints Raise Going Concern Doubt
PAWN AMERICA: Plans to Pay $450K to Unsecured Creditors in 5 Years
PEEKAY ACQUISITIONS: TLA's $30M Credit Bid to Open Oct. 25 Auction

PENINSULA AIRWAYS: Wants Authority to Use FNBA Cash Collateral
POPI TRADING: Case Summary & 20 Largest Unsecured Creditors
PRATT WELL: Plan Outline Okayed; Plan Hearing on Sept. 14
PROVINCE GRANDE: High Court Says It Erred in PEM Entities Dispute
QUADRANT 4: Creditors' Panel Hires Amherst as Financial Advisor

QUADRANT 4: Creditors' Panel Hires Sugar Felsenthal as Counsel
QUANTUM CORP: Reports $3.67 Million Net Loss for First Quarter 2018
REO HOLDINGS: Disclosures OK'd; Plan Hearing on Sept. 12
ROBERT T WINZINGER: Wants to Use Cash Collateral to Pay Wages
ROJESIE INC: Plan Outline Okayed; Plan Hearing on Oct. 4

RONALD SCHERER: Sale of Columbus Property for $405K Denied as Moot
ROTINI INC: Lawyer Must File Further Amended Rule 2016(b) Statement
RUPARI FOOD: Government Can Sidestep Automatic Stay, Court Rules
RWK ELECTRIC: Disclosures OK'd; Plan Hearing on Sept. 12
SABEMOS BEVERAGES: Asks Court to Appoint H. Grobstein as Trustee

SEARS CANADA: Pensioners Want Plan Wound Up
SENTRIX PHARMACY: Hires Rappaport Osborne as Bankruptcy Counsel
SHEPHERD UNIVERSITY: Case Summary & 20 Largest Unsecured Creditors
SINGH LODGING: Taps Gleichenhaus Marchese as General Counsel
SKIP BARBER RACING: Has Final Approval to Use Cash Collateral

SPEED LUBE: U.S. Trustee Unable to Appoint Committee
SPEEDVEGAS LLC: Placed in Bankruptcy by Creditors
STAPLES INC: Moody's Cuts Rating on Secured Term Loan to B1
STAPLES INC: S&P Cuts Term Loan Rating to B+ on Upsize to $2.9BB
STUDIO TWENTYEIGHT: Seeks Authorization to Use Cash Collateral

SULLIVAN VINEYARDS: Hires Bachecki Crom as Accountant
SUNBURST FARMS: Hires Eron Law as Bankruptcy Counsel
SUNSET PARTNERS: Court Extends Cash Collateral Use Until Sept. 6
TRI STATE STONE: Sept. 13 Plan Confirmation Hearing
vTv THERAPEUTICS: Accumulated Deficit Raises Going Concern Doubt

WABASH NATIONAL: Moody's Puts B1 Sr. Secured Rating Under Review
WALTER INVESTMENT: Incurs $94.3 Million Net Loss in Second Quarter
WELLMAN DYNAMICS: Aug. 17 Hearing on Sale of All Assets to TCTM
WEST WINDOWS: Plan Outline Okayed; Plan Hearing on Sept. 21
WILLIAMSON & WILLIAMSON: Disclosures Conditionally Okayed

WORDSWORTH ACADEMY: Taps CliftonLarsonAllen as Accountant
[*] Equity Partners HG Brokers Sale of Accubuilt to SPV Coach

                            *********

186-14 WILLIAMSON: Hearing on Plan Outline Scheduled for Aug. 24
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of New York will
hold on Aug. 24, 2017, at 11:00 a.m. a hearing to consider the
adequacy of 186-14 Williamson Ave., Corp.'s disclosure statement
dated June 2, 2017, referring to the Debtor's plan of
reorganization dated June 2, 2017.

Objections to the Disclosure Statement must be filed by Aug. 21,
2017.

                  About 186-14 Williamson Ave.

186-14 Williamson Ave., Corp., is a single asset real estate
company.  The mortgage was paid for several years until the
property became run down and the Debtor lost its tenants.  At this
time, the premise is vacant and boarded up and is expected to be
rehabilitated.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D.N.Y. Case No. 17-70603) on Feb. 2, 2017.  

Alan C. Stein, Esq., at the Law Office of Alan C. Stein, P.C.,
serves as the Debtor's attorney.

On Feb. 3, 2017, the Debtor re-filed its petition (Bankr. E.D.N.Y.
Case No. 17-40503).  The petition was signed by Robin Eshaghpour,
president.  A copy of the petition is available for free
at https://is.gd/dzfpHH

The case is assigned to Judge Nancy Hershey Lord.  

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

No official committee of unsecured creditors was appointed by the
Office of the U.S. Trustee.


A & A OF MARION: Case Summary & Unsecured Creditor
--------------------------------------------------
Debtor affiliates that filed Chapter 11 bankruptcy petitions:

      Debtor                                      Case No.
      ------                                      --------
      A & A of Marion County, L.L.C.              17-02959
      1716 SW 82nd Drive
      Gainesville, FL 32607

      G & S of Marion County, L.L.C.              17-02960
      3233 Southwest 33rd Road, Ste. 301
      Ocala, FL 34474

Business Description: A & A of Marion County is the registered
                      owner in fee simple of a property located at
                      7360 SW Hwy 200, Ocala FL 34476 valued at
                      $600,000.  Debtor G & S of Marion also owns
                      a fee simple interest in a property located
                      at 7350 SW Hwy 200, Ocala, FL 34476 valued
                      at $600,000.

Chapter 11 Petition Date: August 14, 2017

Court: United States Bankruptcy Court
       Middle District of Florida (Jacksonville)

Judge: Hon. Jerry A. Funk

Debtors' Counsel: Taylor J King, Esq.
                  LAW OFFICES OF MICKLER & MICKLER
                  5452 Arlington Expressway
                  Jacksonville, FL 32211
                  Tel: 904-725-0822
                  Fax: 904-725-0855
                  E-mail: tjking@planlaw.com

                                         Total      Total
                                        Assets    Liabilities
                                      ----------  -----------
A & A of Marion County, L.L.C.         $600,000   $4,300,000
G & S of Marion County, L.L.C.         $600,000   $4,300,000

The petitions were signed by Dr. Ganesh D. Arora, managing member.

The Debtors' list of 20 largest unsecured claims has a single
entry: Manatee Bank, with an unsecured claim in an "unknown"
amount.

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

          http://bankrupt.com/misc/flmb17-02959.pdf
          http://bankrupt.com/misc/flmb17-02960.pdf


ABACUS INVESTMENT: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
The Office of the U.S. Trustee on Aug. 10 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Abacus Investment Group, Inc.

              About Abacus Investment Group Inc.

Based in Auburn, California, Abacus Investment Group, Inc. sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D.
Fla. Case No. 17-05422) on June 22, 2017.  Herb Miller, president,
signed the petition.  

At the time of the filing, the Debtor disclosed that it had
estimated assets of less than $50,000 and liabilities of $1
million
to $10 million.  Its principal assets are located at 441 Lucerne
Avenue, Tampa, Florida.

Joel S. Treuhaft, Esq., at Palm Harbor Law Group, P.A., serves as
the Debtor's bankruptcy counsel.


ACME SKILLMAN: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Acme Skillman Concrete Co., Inc.
        56-22 58th Street
        Maspeth, NY 11378

Business Description: Acme Skillman specializes in highway and
                      street construction.  It is a small
                      business debtor as defined in 11 U.S.C.
                      Section 101(51D).

Chapter 11 Petition Date: August 14, 2017

Case No.: 17-44212

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Judge: Hon. Elizabeth S. Stong

Debtor's Counsel: James B. Glucksman, Esq.
                  RATTET PLLC
                  202 Mamaroneck Avenue
                  White Plains, NY 10601
                  Tel: (914) 371-7400
                  E-mail: jbglucksman@rattetlaw.com

                    - and -

                 Robert L. Rattet, Esq.
                 RATTET PLLC
                 202 Mamaroneck Avenue
                 Suite 300
                 White Plains, NY 10601
                 Tel: +1-914-381-7400
                 E-mail: rrattet@rattetlaw.com

Estimated Assets: $0 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Fernando Minchella, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nyeb17-44212.pdf


ADAMS RESOURCES: Sale of Oil and Gas Assets for $2.6M Approved
--------------------------------------------------------------
Judge Kevin Cross of the U.S. Bankruptcy Court for the District of
Delaware authorized Adams Resources Exploration Corp.'s sale of
substantially all oil and gas assets to Sequitur Permian, LLC for
$2,560,950.

The Sale Hearing was conducted on Aug. 1, 2017.

The sale is free and clear of all liens, claims, encumbrances and
other interests.

Currently, the Debtor owns oil and gas lease interests in Texas,
Louisiana, Oklahoma, Kansas, Montana, and Arkansas.  As of December
2016, it owned fractional interests in approximately 470 wells
(13.5 net wells).  The Court authorized to assumption and
assignment of the Assigned Contracts.

Notwithstanding Bankruptcy Rules 6004(h) and 6006(d), the Order
will be effective immediately upon entry and the Debtor and the
Purchaser is authorized to close the Sales immediately upon entry
of this Order and the fourteen-day stay imposed by Bankruptcy Rules
6004(h) and 6006(d) will be, and are, deemed waived.

A copy of the APA attached to the Order is available for free at:

    http://bankrupt.com/misc/Adams_Resources_167_Order.pdf

The Purchaser:

          SEQUITUR PERMIAN, LLC
          Two Briarlake Plaza
          2050 W. Sam Houston Pkwy. S., Suite 1850
          Houston, TXs 77042
          Attn: Mike van den Bold
          Facsimile: (713) 395-3099
          E-mail: mcvdb@sequiturenergy.com

The Purchaser is represented by:

          Joshua W. Wolfshohl, Esq.
          PORTER HEDGES LLP
          1000 Main, 36th Floor
          Houston, TX 77002
          Facsimile: (713) 226-6695
          E-mail: jwolfshohl@porterhedges.com

                      About Adams Resources

Houston, Texas-based Adams Resources Exploration Corporation --
http://www.adamsexploration.com-- is engaged in the development of

the Haynesville Shale in East Texas and now own interest in a
large
number of producing dry gas wells.  It also has interest in 405
wells and 131,236 gross developed acres in seven states.

Adams Resources filed for Chapter 11 bankruptcy protection (Bankr.
D. Del. Case No. 17-10866) on April 21, 2017, estimating assets
between $1 million and $10 million and debt between $50 million
and
$100 million.  The petition was signed by John Riney, president.

Judge Kevin Gross presides over the case.  William A. Hazeltine,
Esq., and D. Sullivan, Esq., at Sullivan Hazeltine Allinson LLC,
serve as the Debtor's bankruptcy counsel.  The Debtor hired
Gavin/Solmonese, LLC as chief restructuring officer.

No committee of unsecured creditors has been appointed.


AIMIA INC: S&P Lowers CCR to BB- & Sr. Secured Notes Rating to BB
-----------------------------------------------------------------
S&P Global Ratings said it lowered its long-term corporate credit
rating on Montreal-based marketing and loyalty analytics provider
Aimia Inc. to 'BB-' from 'BB+'.

S&P Global Ratings also lowered its issue-level ratings on the
company's senior secured notes to 'BB' from 'BBB-'(one notch above
the corporate credit rating). The senior secured debt has a '2'
recovery rating, indicating our expectation of substantial
(70%-90%, rounded estimate 75%) recovery in a default scenario.

At the same time, S&P Global Ratings lowered its global scale
rating to 'B-' from 'B+' and its Canada scale rating to 'P-4(Low)'
from 'P-4(High)' on the company's preferred shares.

Finally, S&P Global Ratings removed all of its ratings on Aimia
from CreditWatch, where they were placed with negative implications
May 12, 2017. The outlook is negative.

S&P said, "The downgrade and negative outlook reflect our view of
the significant risks and uncertainty Aimia faces following Air
Canada's previous announcement not to renew the company's contract
with Aimia post-June 2020. We believe this development will likely
affect Aimia's value proposition and pressure the company's
business prospects in the next few years. In our view, the loss of
a major anchor redemption partner for the points accumulated by
Aimia's Aeroplan loyalty members will likely reduce the appeal of
the Aeroplan program to its financial card partners' customers. As
a result, there is the meaningful risk of reduced gross billings (a
proxy for cash revenue) and higher-than-average reward redemption
activity (expenses) that could affect the company's EBITDA for the
foreseeable future. Although the near-term results might not
reflect these risks, without an attractive airline partner
announcement the possibility of a surge in redemption activity
through 2020 could reduce Aimia's cash flow and weaken its
liquidity.  The company plans to mitigate the risks through
Aeroplan-focused initiatives, corporate-level cost cutting, and
disposal of unprofitable and noncore assets. However, execution
risks associated with cost-cutting initiatives or delay in asset
sales could limit Aimia's ability to support its profitability and
financial flexibility.

"Our negative outlook on Aimia reflects our view that there is an
increased risk on the company's cash flow and financial flexibility
due to the uncertainty associated with rising reward redemptions
and reduced gross billings along with limited visibility on member
behavior toward the Aeroplan program. Also, the execution risks
associated with potential cost savings and asset sales could
further weaken the credit measures compared with our forecast
scenario.

"We could lower the rating if the company's adjusted debt to EBITDA
increases above 3.0x over the next 12 months, driven by rising
reward redemptions and declining gross billings. We could also take
a negative rating action if the company's EBITDA margins were to
deteriorate by 400 basis points, driven by the company's inability
to mitigate redemption costs and its inability to dispose of
noncore assets in the near term to supplement its liquidity.

"We could revise the outlook to stable over the next 12 months if
Aimia is successful in renegotiating a new contract with Air Canada
post-2020 or creates an alliance with another airline or partner
that could have positive implications for the company's business
risk profile."


ALLINGER PROPERTIES: Sale of Mobile Home Park for $1.5M Approved
----------------------------------------------------------------
Judge Daniel S. Opperman of the U.S. Bankruptcy Court for the
Eastern District of Michigan authorized Allinger Properties, LLC's
sale of Dutch Village Mobile Home Park located at 2198 E. Mt.
Morris Rd, Mt. Morris, Genesee Township, Michigan, Parcel No.
11-08-100-004, to Clark Dong for $1,500,000.

Except for the lien of property taxes levied against the Property
for tax year 2017, the Dutch Village Mobile Home Park property will
be sold free and clear of all liens, with liens attaching to the
proceeds of sale.

Prior to closing on the sale of the Property, the Debtor or the
purchaser of the Property will repair the leak in the Property's
water supply system.

After payment of the expenses of the sale, the proceeds of the sale
will be allocated and distributed as follows: (i) the sum of
$65,000 will be paid to Secured Creditor Dutch Village Mobile Home
Park, LLC; (ii) two thirds of the remainder of the proceeds of the
sale, after payment of the Dutch Village Distribution, will be paid
to the Genesee County Treasurer in satisfaction of the delinquent
real property taxes levied against the Property for tax years 2007
through 2016; and (iii) one third of the remainder of the proceeds
of the sale, after payment of the Dutch Village Distribution, will
be paid to the Charter Township of Genesee in satisfaction of all
outstanding water and sewer bills up to the date of the sale.

All liens against the Property, except the lien for real property
taxes levied against the Property for tax year 2017, will be
extinguished as to the Property and transferred to the proceeds of
the sale upon the closing of the sale and payment of the proceeds
of the sale to the designated Escrow Agent selected by the
Parties.

                    About Allinger Properties

Allinger Properties, LLC, is a Michigan limited liability company.

The company operates the Dutch Village Mobile Home Park in Genesee
Township, Michigan that currently contains 140 rented mobile
homes.

Allinger Properties sought Chapter 11 protection (Bankr. E.D.
Mich.
Case No. 12-31397) on March 30, 2012, disclosing assets of
$1,221,000 and liabilities of $2,679,000.  The petition was signed
by Amos Allinger, manager.

Judge Daniel S. Opperman is assigned to the case.

The Debtor tapped Peter T. Mooney, Esq., at Simen, Figura & Parker,
as
counsel.


AMERICAN CONSUMERS: Mitchell Grocery Buying All Assets for $800K
----------------------------------------------------------------
Judge Nicholas W. Whittenburg of the U.S. Bankruptcy Court for the
Eastern District of Tennessee will convene a hearing on Aug. 24,
2017 at 10:30 a.m. to consider bidding procedures of American
Consumers, Inc., doing business as Shop-Rite Supermarkets, in
connection with its sale of substantially all assets to Mitchell
Grocery Corp. for $800,000, subject to overbid.

The Debtor has diligently attempted to reorganize its business in
the case without seeking the aid of a post-petition lender or a
sale of all of its assets.  However, as evidenced by the various
monthly operating reports it filed in the case, the Debtor not been
able to maintain appropriate inventory levels, which has resulted
in a decrease in overall revenue.

The Debtor has been in communication with various interested
parties regarding the potential sale of its business.  Moreover,
the counsel for Debtor has also received inquiries from parties
that have requested information as to the potential sale.  To date,
however, the Debtor has only received one formal offer.

On June 20, 2017, the counsel for the Stalking Horse Bidder
submitted a proposed Term Sheet for the purchase of certain of the
Debtor's assets for $800,000.  The parties subsequently entered
into arms-length negotiations, which resulted in the execution of
the Asset Purchase Agreement dated Aug. 10, 2017.

The salient terms of the Stalking Horse APA are:

   a. Purchase Price: $800,000

   b. Deposit: The Stalking Horse Bidder deposited $80,000 in
escrow with the Debtor's counsel as a good faith deposit.

   c. Acquired Assets: Substantially all of the assets and rights
of the Debtor's bankruptcy estate.

   d. Stalking Horse Protections: (i) Breakup Fee of $30,000 and
(ii) Expense Reimbursement of $25,000

   e. Terms: The sale is free and clear of any and all claims,
liabilities, interests, encumbrances, liens, financing statements,
mortgages, mechanics' liens, lis pendens, and all other documents
or agreements evidencing interests in and/or claims.

   f. Credit Bidding: The Stalking Horse Bidder will be permitted
to credit bid all or any portion of its secured debt as part of the
Purchase Price.

The Debtor proposes the Bidding Procedures which have been designed
to be flexible and open to all bids for the Purchased Assets in
order to facilitate a robust sales process thereby generating the
greatest value for its Estate.

The salient terms of the Bidding Procedures are:

   1. Bid Deadline: Sept. 12, 2017 at 5:00 p.m. (ET)

   2. Baseline Bid: The sum of (i) $50,000 plus (ii) cash equal to
the amount of the Breakup Fee and the Expense Reimbursement

   3. Auction (if necessary): Sept. 14, 2017 at 10:00 a.m. (ET).

   4. Bid Increments: $25,000

   5. Sale Objection Deadline: Sept. 14, 2017 at 5:00 p.m. (ET)

   6. Sale Hearing: Sept. 15, 2017 at 1:30 p.m. (ET)

A copy of the Stalking Horse APA and the Bidding Procedures
attached to the Motion is available for free at:

     http://bankrupt.com/misc/American_Consumers_171_Sales.pdf

Within three days following the entry of the Bidding Procedures
Order or as soon as reasonably practicable thereafter, the Debtor
will serve the Sale Notice, the Stalking Horse APA, the Bidding
Procedures Order and the Bidding Procedures upon all Notice
Parties.

As part of the Sale, the Debtor asks authority to transfer, assume
and assign the Assigned Contracts.  As soon as practicable after
entry of the Bidding Procedures Order, but no later than three days
after the Court's entry of the Bidding Procedures Order, the Debtor
will serve the Assumption and Assignment Notice upon all Parties.
The Cure Cost Cap is $25,000.  Any Cure Objection or Assumption and
Assignment Objection must be filed no later than the Assumption and
Assignment Objection Deadline.

The Debtor intends to solicit higher and better offers up to and
through the Bid Deadline.  It asks that a Sale Hearing be scheduled
shortly thereafter at the earliest convenience of the Court.

While the Debtor is not seeking an overall shortening of the notice
period for approval of the Sale itself, it asks that the Court
conduct an expedited hearing on Aug. 24, 2017 regarding entry of
the Bidding Procedures Order providing for the establishment of the
Bidding Procedures.  The financial constraints imposed on its
estate favor the prompt transfer of the Purchased Assets.
Additionally, the Stalking Horse Asset APA provides that the
Stalking Horse Bidder may terminate the Stalking Horse APA and that
the Stalking Horse's Deposit will be returned if the Court does not
enter the Bidding Procedures Order within 14-days after the
Stalking Horse APA's Effective Date of Aug. 10, 2017.

To preserve and maximize the value of the Purchased Assets, the
Debtor wants to close the Sale immediately after all closing
conditions have been met or waived.  Accordingly, the Debtor asks
the Court to waive any applicable stays afforded by the Bankruptcy
Rules.

The Purchaser:

          MITCHELL GROCERY CORP.
          c/o Dustin Hornbuckle
          550 Railroad Ave.
          Albertville, AL 35950
          Telephone: (256) 878-4211
          E-mail: dustin.hornbuckle@mitchellgrocery.com

The Purchaser is represented by:

          Leland Murphree, Esq.
          MAYNARD COOPER & GALE PC
          1901 Sixth Ave. North
          2400 Regions Harbert Plaza, Suite 2400
          Birmingham, AL 35203
          Telephone: (205) 254-1103
          E-mail: lmurphree@maynardcooper.com

                     About American Consumers

American Consumers, Inc., d/b/a Shop-Rite Supermarkets, owned and
operated seven grocery store operations located in Tennessee,
Alabama and Georgia.  The lease of the grocery store located in
Ringgold, Georgia was previously rejected by operation of law, and
its operation of that store has ceased.  As a result, Debtor now
has six grocery stores in the following locations: (i) Dayton,
Tennessee; (ii) Jasper, Tennessee; (iii) Stevenson, Alabama; (iv)
Tunnel Hill, Georgia; (v) Chickamauga, Georgia; and (vi) LaFayette,
Georgia.  In addition, its office is located in Fort Oglethorpe,
Georgia.  The company does not own any real property.  Instead, it
leases the real property on which each of the foregoing grocery
store operations is located.

The Fort Oglethorpe, Georgia-based Company filed a Chapter 11
petition (Bankr. E.D. Tenn. Case No. 17-10189) on Jan. 17, 2017,
estimating $1 million to $10 million in both assets and
liabilities.  The petition was signed by Todd Richardson, chief
executive officer.

The Hon. Nicholas W. Whittenburg presides over the case.

Harold L North, Jr., Esq., at Chambliss Bahner & Stophel, P.C.,
serves as bankruptcy counsel to the Debtor.


AMERICAN ROCK: Moody's Affirms B3 CFR & Cuts Term Loan Rating to B3
-------------------------------------------------------------------
Moody's Investors Service affirmed the B3 corporate family rating
(CFR) and the B3-PD probability of default rating (PDR) of American
Rock Salt Company LLC. Moody's downgraded the rating on the
existing term loan to B3 from B2 and withdrew the B3 rating on the
proposed term loan following the company's decision not to proceed
with a dividend recapitalization (which would have been the first
dividend recapitalization in over five years, although the company
did make deferred tax distributions during that time). Although the
dividend recapitalization was cancelled at this time, the company
extended and upsized (for peak season) its revolver. The company
also used its excess cash flow to offer to prepay $8.5 million of
its term loan, which offer was declined by 65% of the first lien
holders. The Company has prepaid approximately $3 million of debt
and distributed $14 million to its members. The rating reflects
Moody's expectations that the company will remain financially
aggressive and continue to distribute most of its free cash
generation to shareholders or revisit plans to relever once market
conditions improve. The ratings outlook remains stable.

Issuer: American Rock Salt Company LLC

Affirmations:

-- Corporate Family Rating, Affirmed B3

-- Probability of Default Rating, Affirmed B3-PD

Downgrades:

-- Senior Secured 1st Lien Term Loan, Downgraded to B3 (LGD4)
    from B2 (LGD4)

Withdrawals:

-- Senior Secured Bank Credit Facility, Withdrawn , previously
    rated B3 (LGD4)

Outlook Actions:

-- Outlook, Remains Stable

RATINGS RATIONALE

American Rock Salt's B3 corporate family rating (CFR) reflects high
leverage, limited scale with a single mine and weather-dependent
business model that results in volatile credit metrics and cash
flow generation. The company canceled a proposed dividend
recapitalization and restructuring that would have eliminated an
annual royalty fee related to the acquisition of mineral rights
(2.5% of the gross income from the mine) from a separate entity.
Under current capitalization and current cost structure, Moody's
expects American Rock Salt's leverage could range between 4 times
and 9 times depending on weather conditions in its region of
operation. The company generates strong cash flow from operations
and has low capital expenditure level, but most cash flow it is
distributed to shareholders and Moody's does not expects
significant debt paydown other than the required amortization and
excess cash flow sweeps. However, Moody's expects the owners to
support the company during periods of exceptionally weak snowfall
(e.g. two or more consecutive warm winters). The company benefits
from high barriers to entry in rock salt mining and cost advantages
in the company's primary markets in western and central New York
and Pennsylvania due to its relatively new mine near Rochester, NY,
and access to truck and rail transportation. The rating also
considers adequate liquidity and expectations that the owners would
support the company's liquidity during period of exceptionally weak
snowfall (e.g. two or more consecutive warm winters).

The stable outlook reflects Moody's expectations that weaker prices
following two consecutive mild (trough) winters will limit EBITDA
improvement in fiscal 2018 even if volumes recover, with leverage
remaining above 6 times.

Moody's said, "We see limited upside to the company's rating due to
its current business profile (operating a single mine), modest size
and history of repeatedly re-levering the company. Moody's could
upgrade the ratings if the company pays down debt so that in mild
(trough) winter conditions leverage does not exceed 7.5 times and
interest coverage does not fall below 2 times, the company
maintains good liquidity and a conservative financial policy (i.e.
does not continually dividend out excess cash or lever up to take
advantage of improved earnings)."

Moody's could downgrade the rating if in mild (trough) winter
conditions leverage exceeds 10 times, interest coverage falls below
1.25 times and sustained liquidity (cash and revolver availability)
declines below $30 million. Moody's could also downgrade the rating
if the company undertakes a large debt-financed acquisition or
another dividend recapitalization that exceeds the leverage level
that was contemplated during the cancelled transaction.

American Rock Salt is expected to have adequate liquidity to
support operations for at least the next four quarters. Moody's
anticipates positive cash flow from operations on an annual basis,
but expect significant quarterly variation due to the seasonality
of the salt business and need to build up inventories in advance of
the selling season. The company builds cash on the balance sheet in
the first and second fiscal quarters (fourth and first calendar
quarters) as it collects accounts receivable from the snow season
and uses most of its cash in the third and fourth fiscal quarters.
Moody's expects the company will rely on the proposed $60 million
asset-based revolving credit facility (unrated) to fund inventory
build before collecting significant cash in the first calendar
quarter of the year. The revolver is subject to borrowing base and
expires in August 2022 or if the current term loan still
outstanding, 90 days before its maturity in May 2021. The revolver
commitment steps down to $30 million from March to August each
year. The company has annual amortization payments of approximately
$4.2 million. The revolver contains a springing fixed charge
coverage ratio test if revolver excess availability is less than
10% of the borrowing base. Moody's does not expects the covenant
will be triggered over the next four quarters.

The $428 million senior secured first lien term loan due May 2021
is rated B3, on par with the B3 CFR, reflecting its first priority
lien on all fixed domestic assets. The capital structure also
includes a $60 million asset-based revolver (unrated) that has a
first priority lien on current assets. The term loan is guaranteed
by all material domestic subsidiaries of the borrower American Rock
Salt Company LLC .

The principal methodology used in these ratings was Global Chemical
Industry Rating Methodology published in December 2013.

American Rock Salt Company LLC produces highway deicing rock salt.
The company operates a single mine in upstate New York and sells
primarily to state and local government agencies in the
northeastern United States. The firm is a wholly-owned subsidiary
of American Rock Salt Holdings LLC, which is closely-held by
private investors including some members of management.
Headquartered in Retsof, N.Y., American Rock Salt generated
approximately $206 million in revenue for the twelve months ended
March 31, 2017.


AMJ PLUMBING: Motion to Use Cash Collateral for Payroll Denied
--------------------------------------------------------------
The Hon. Meredith A. Jury of the U.S. Bankruptcy Court for the
Central District of California has denied AMJ Plumbing Specialists
Corp.'s motion for authorization to use cash collateral for payroll
and operating expenses.

"The Debtor is prohibited from using cash collateral," Judge Jury
ordered.

A continued hearing on the use of cash collateral and Opus Bank's
oral motion for conversion of the Debtor's case to Chapter 7 will
be held on Aug. 15, 2017, at 1:30 p.m.

A copy of the Denial Order is available at:

           http://bankrupt.com/misc/cacb17-15717-43.pdf

As reported by the Troubled Company Reporter on July 21, 2017, the
Court previously authorized the Debtor to use $26,048 of cash
collateral consisting of corporate checking accounts at Chino
Commercial Bank and Bank of America.

                        About AMJ Plumbing

Headquartered in Rancho Cucamonga, California, AMJ Plumbing
Specialists Corp., d/b/a AMJ Plumbing Specialists, is a commercial
plumbing company that has more than 20 years of experience in the
commercial plumbing field.  AMJ Plumbing --
http://amjplumbingspecialists.com/-- offers a wide variety of   
plumbing-related new construction services including leak repairs,
water heaters service, pump service, drain cleaning/jetting,
backflow services, tenant improvements and sewer camera
installation.

AMJ Plumbing Specialists filed for Chapter 11 bankruptcy protection
(Bankr. C.D. Cal. Case No. 17-15717) on July 7, 2017, disclosing
$1.39 million in total assets and $2.15 million in total
liabilities.  The petition was signed by Jose Ruvalcaba, Jr.,
president.

Judge Meredith A. Jury presides over the case.

David Lozano, Esq., at Lozano Law Center, Inc., serves as the
Debtor's bankruptcy counsel.


AMJ PLUMBING: Seeks Authorization to Use Cash Collateral
--------------------------------------------------------
AMJ Plumbing Specialists Corp. filed an amended motion with the
U.S. Bankruptcy Court for the Central District of California
seeking for authorization to use cash collateral on an interim
basis through and including the date of confirmation of a Chapter
11 plan or dismissal of its case.

A continued hearing on the Debtor's amended motion for use of cash
collateral will be held on Aug. 15, 2017 at 1:30 p.m.  The deadline
to file any opposition to the Debtor's amended motion is Aug. 14.

The Debtor maintains that its principal liabilities include its
obligations owed to its secured creditors (primarily consisting of
money loaned to the business).  The Debtor believes that six of
these creditors have a security interest in its prepetition account
receivables (approximately $695,709) and cash deposits in two of
the Debtor's prepetition bank accounts.  These creditors include:
Opus Bank; TVT Capital, LLC; Forward Finance, LLC; On Deck; and
Platinum Rapid Funding Group, LTD. The remaining four secured
creditors: Financial Pacific Leasing Inc.; First Bank Richmond; LCA
Bank Corporation; and Daimer Trust, have security interest only in
the equipment and a vehicle.

The Debtor claims that it does not own any real property and that
it currently generates income from its commercial plumbing
business.  The Debtor's business is the Debtor's the primary asset.
Due to the competitive nature of the plumbing business, the Debtor
says that it must pay its employees and daily operating expense on
a timely basis in order to provide its clients with the highest
quality of service, retain its clients and eventually bring in
additional revenue.

In his declaration, Joe Ruvalcaba, the Debtor's president assures
the Court that the Debtor's business (asset) is well managed and is
generating positive cash flow.  Moreover, he says that the Debtor's
recent operating results and future projections indicate that this
trend will continue and improve over the next year, providing ample
adequate protection to the Secured Creditors' interest.  

A full-text copy of the Debtor's Motion, dated Aug. 8, 2017, is
available at https://is.gd/HvVPjo

                        About AMJ Plumbing

Headquartered in Rancho Cucamonga, California, AMJ Plumbing
Specialists Corp., d/b/a AMJ Plumbing Specialists, is a commercial
plumbing company that has more than 20 years of experience in the
commercial plumbing field.  AMJ Plumbing --
http://amjplumbingspecialists.com/-- offers a wide variety of
plumbing-related new construction services including leak repairs,
water heaters service, pump service, drain cleaning/jetting,
backflow services, tenant improvements and sewer camera
installation.

AMJ Plumbing Specialists filed for Chapter 11 bankruptcy protection
(Bankr. C.D. Cal. Case No. 17-15717) on July 7, 2017, disclosing
$1.39 million in total assets and $2.15 million in total
liabilities.  The petition was signed by Jose Ruvalcaba, Jr.,
president.

Judge Meredith A. Jury presides over the case.

David Lozano, Esq., at Lozano Law Center, Inc., serves as the
Debtor's bankruptcy counsel.


AMSTAR EMERGENCY: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------------
Debtor: Amstar Emergency Medical Services Inc
        P.O. Box 480547
        Linden, AL 36748

Type of Business:     Amstar Emergency Medical Services is a      
                      healthcare organization in the Linden area.

Chapter 11 Petition Date: August 14, 2017

Case No.: 17-03037

Court: United States Bankruptcy Court
       Southern District of Alabama (Selma)

Debtor's Counsel: Lee R. Benton, Esq.
                  BENTON & CENTENO, LLP
                  2019 Third Avenue N.
                  Birmingham, AL 35203
                  Tel: (205) 278-8000
                  Email: lbenton@bcattys.com

                    - and -

                  Samuel Stephens, Esq.
                  BENTON & CENTENO, LLP
                  2019 3rd Avenue North
                  Birmingham, AL 35203
                  Tel: 205-278-8000
                  Fax: 205-776-8433
                  E-mail: sstephens@bcattys.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Kevin Horne, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/alsb17-03037.pdf


ATHANAS FENCE: Plan Filing Deadline Moved to Aug. 14
----------------------------------------------------
The Hon. Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois has extended the time for Athanas
Fence Co., Inc., to file a plan of reorganization and proposed
disclosure statement to and including Aug. 14, 2017.

As reported by the Troubled Company Reporter on Aug. 3, 2017, the
Debtor asked the Court for the extension to afford the Debtor and
all other parties in interest an opportunity to fully develop the
grounds upon which negotiations toward a plan can be based.  The
Debtor is a fencing contractor and is waiting to see what new jobs
that have been bid out by the Debtor will be accepted.

                     About Athanas Fence Co.

Athanas Fence Co., Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ill. Case No. 17-03883) on Feb. 10,
2017.  The petition was signed by James J. Athanas, president.  The
Debtor estimated assets of less than $50,000 and liabilities of
less than $500,000.  The case is assigned to Judge Timothy A.
Barnes.  The Debtor is represented by Joseph E. Cohen, Esq., at
Cohen & Krol.


AURORA GAS: Aurora Exploration Buying equipment for $100K
---------------------------------------------------------
Aurora Gas, LLC, asks the U.S. Bankruptcy Court for the District of
Alaska to authorize it to (i) assume and assign its oil and gas
leases in the Nicolai Creek Unit ("NCU"), (ii) assume and assign it
sale contracts with Tesoro, Homer Electric Association and Helena
Energy; and (i) sell equipment to Aurora Exploration, LLC ("AE")
for $100,000, subject to overbid.

A hearing on the Motion is set for Aug. 21, 2017 at 2:00 p.m.  

The effective date is Sept. 1, 2017 with a closing on Sept. 18,
2017 or on further order of the Court.

In substance, AE proposes to pay the Debtor $100,000 in cash at
closing.  It will indemnify the Debtor for any future well closure
and abandonment liabilities, and maintenance costs for the assigned
leases after the effective date provided AE receives the revenue
from the assigned leases after the effective date.  Except for well
closure and abandonment liabilities, AE assumes no liability for
pre-petition liabilities related to the assigned leases including
but not limited to royalty payments, maintenance costs and
operating expenses.

The sales are "as is, where is" without warranties of condition or
merchantability of any kind.  The assignment of the leases is
subject to approval of the State of Alaska.  Following approval of
the transaction by the Court, and pending State approval, the
Debtor will continue to operate the subject leases and equipment,
receive all revenue there from, and be responsible for the related
operating expenses.  It does not believe that it is in default
under the contracts and leases to be assigned, but any necessary
cures of default or adequate assurances of future performance will
be provided by AE or any other approval buyer/assignee.

The Debtor's management has determined that it cannot be
reorganized as an operating company without significant capital
investment, either from its existing or a new owner.  Such
investment has not been forthcoming despite extensive efforts to
attract buyers.  Accordingly, the Debtor's assets must be monetized
to the extent possible.  It is the lessee of several leases from
the State of Alaska, and of others from Cook Inlet Region, Inc.  No
prospective buyer has shown interest in the CIRI leases.  The NCU,
which consists of leases from the State of Alaska, has provided the
bulk of the Debtor's recent production and has attracted interest
from two possible buyers.  The Debtor has determined to accept the
proposal from AE as at present it is superior to the unsigned
tentative proposal from the other party, Escopeta Oil & Gas.

The cash offer is far less than the amount the Debtor anticipated
it could receive for a sale of its interest in NCU and related
equipment, but as its current financial condition is declining it
is not possible to continue operations much longer, and this sale
is a better alternative than rejecting the NCU leases and
terminating operations completely.  It does not believe there are
any liens or encumbrances on the assets being sold, but to resolve
any latent claims the assets should be transferred free and clear
of liens of any party given notice of the sale.

A list of the assigned leases and list of the equipment to be sold
attached to the Motion is available for free at:

    http://bankrupt.com/misc/Aurora_Gas_267_Sales.pdf

                    About Aurora Gas

Sugarland, Texas-based Aurora Gas LLC owns and operates
gas-producing properties in Alaska and also engages in the
exploration and development of gas properties.

Erik LeRoy, Esq., at Erik Leroy P.C., on behalf of Aurora Well
Service, LLC, Shirleyville Enterprises, LLC, and Tanks A Lot,
Inc., filed an involuntary Chapter 11 bankruptcy petition against
the
Debtor (Bankr. D. Alaska Case No. 16-00130) on May 3, 2016.

Aurora Gas LLC sought authority to employ David H. Bundy, P.C., as
bankruptcy counsel.  The Debtor also sought authority to employ
BDO USA, LLP, and Dan Dickinson as accountants.

Gail Brehm Geiger, Acting U.S. Trustee for Region 18, appointed on
Aug. 9, 2016, five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of Aurora Gas LLC.
Erik Leroy P.C. serves as counsel to the Committee.


AURORA GAS: Selling Equipment at Minimum Prices or Higher
---------------------------------------------------------
Aurora Gas, LLC, asks the U.S. Bankruptcy Court for the District of
Alaska to authorize the sale of equipment at specified minimum
prices or better.

A copy of the list of equipment to be sold attached to the Motion
is available for free at:

     http://bankrupt.com/misc/Aurora_Gas_269_Sales.pdf

All property will be sold "as is" and "where is."  No party has a
lien or security interest in these items.

Because the sales will be for cash, the identity of the buyer(s)
and the terms of sale do not require further disclosure or notice
to assure that the sales are proper.  Therefore, Debtor asks the
Court to authorize its management to complete sales of these items
under the conditions specified.  It submits that serving the notice
of the Motion by Aug. 11, 2017 for a hearing on Aug. 21, 2017 as
the Court approved in its order, is sufficient to authorize these
sales.

The Debtor proposes to file a weekly report of sales accomplished
to date and planned for the next week, to the extent such plans
have been formulated.

                       About Aurora Gas

Sugarland, Texas-based Aurora Gas LLC owns and operates
gas-producing properties in Alaska and also engages in the
exploration and development of gas properties.

Erik LeRoy, Esq., at Erik Leroy P.C., on behalf of Aurora Well
Service, LLC, Shirleyville Enterprises, LLC, and Tanks A Lot,
Inc., filed an involuntary Chapter 11 bankruptcy petition against
the
Debtor (Bankr. D. Alaska Case No. 16-00130) on May 3, 2016.

Aurora Gas LLC sought authority to employ David H. Bundy, P.C., as
bankruptcy counsel.  The Debtor also sought authority to employ
BDO USA, LLP, and Dan Dickinson as accountants.

Gail Brehm Geiger, Acting U.S. Trustee for Region 18, appointed on
Aug. 9, 2016, five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of Aurora Gas LLC.
Erik Leroy P.C. serves as counsel to the Committee.


AXIOS LOGISTICS: Receiver Selling All Assets for CAD$450K
---------------------------------------------------------
A. Farber & Partners Inc., the Court-appointed receiver and duly
authorized foreign representative for Axios Logistics Solutions
Inc., Axios Mobile Assets Inc., Axios Mobile Assets, Inc., and
Axios Mobile Assets Corp., ask the U.S. Bankruptcy Court for the
District of Delaware to (i) authorize the private sale of the
Debtors' rights, title, and interests in and to substantially all
assets of the Debtors to Leonite Holdings, Inc. for CAD$450,000;
and (ii) recognize, enforce, and give full force and effect to the
Ancillary Administration Order.

A hearing on the Motion is set for Aug. 31, 2017 at 10:00 a.m.  The
objection deadline is Aug, 24, 2017 at 4:00 p.m.

The Receiver is the court-appointed receiver and duly authorized
foreign representative for the Debtors in the Canadian insolvency
proceedings in Toronto, Ontario, Canada.

The Approval and Vesting Order and the Ancillary Administration
Order drafts, which were served on interested parties on Aug. 11,
2017, will be filed with the Canadian Court on Aug. 14, 2017, and
are set to be entered on Aug. 24, 2017.

On Feb. 24, 2017, Export Development Canada ("EDC"), Axios Canada's
senior secured lender, made an application under the Bankruptcy and
Insolvency Act (Canada) and the Courts of Justice Act (Ontario)
commencing the Canadian Proceeding on an expedited basis to stay
third-party retail centers in the United States from disposing of
the Debtors' pallets and appointing a receiver.  The Canadian Court
granted the Receiver Order.

Prior to the appointment of the Receiver, the Debtors had been
searching for financing and investment from the marketplace for
approximately six months and had been in communication with
numerous parties about investing in their business.  Shortly after
the Petition Date, the Receiver employed a solicitation process to
identify potential purchasers for the Debtors' business.  However,
the Purchaser was the only party who agreed to pursue negotiation
of a definitive agreement of purchase and sale.

The Receiver, in consultation with EDC, reviewed the sales process
that had been conducted thus far, including that which was
conducted prior to the appointment of the Receiver by the Debtors.
It was determined that that Receiver would continue negotiations
with the Purchaser with the view of finalizing a final binding
offer.  On July 12, 2017, the Receiver entered into the Purchase
Agreement with the Purchaser for the sale of the Purchased Assets
free and clear of Interests.

Accordingly, the Canadian Court is expected to authorize the
consummation of the Purchase Agreement on Aug. 24, 2017, carried
out by the Receiver, as the best option for maximizing the value of
the Debtors' assets for the benefit of their creditors.  Once
entered, the Vesting Order authorizes the Receiver to take all
actions or steps necessary to complete the transactions
contemplated by the Purchase Agreement without further approval of
the Canadian Court.

Pursuant to the Purchase Agreement, the Purchaser will acquire
substantially all of the assets of the Debtors for approximately
$450,000 CAD, together with certain Transfer Tax liabilities, as
set forth in the Purchase Agreement.  On the date of the Purchase
Agreement, the Purchaser provided the Receiver with a Deposit of
CAD$90,000.

The Purchased Assets include the following: (i) All accounts
receivable, trade accounts, bank accounts, bank accounts, book
debts, insurance claims, bills, credits, rebates, deposits,
prepayments, holdbacks, funds, cash and cash equivalents,
marketable securities, short-term investments; (ii) the
Intellectual Property; (iii) the Books and Records, minute books
and all other corporate records of the Axios Entities; and (iv) any
and all vehicles, Pallets, Hardware, equipment, parts, inventory of
spare parts, parts and supplies, furniture and any other tangible
personal property in which Axios Entities have a beneficial right,
title or interest ,in all cases, Related to the Business.

Among other things, the Purchase Agreement is conditional on the
issuance of the Vesting Order by the Canadian Court and recognition
of the Vesting Order by the Court.  The Sale has a Target Closing
Date of the next Business Day after the entry of the U.S. Order and
an outside Closing Date of Sept. 5, 2017, unless extended by the
parties.

The Administration Order ask to establish authority for the
Receiver to wind-down these cases, as well as the cases in Canada,
in the most orderly and cost-effective manner.  Specifically, the
Administration Order provides for distributions to EDC, among
others, up to the full amount of EDC's indebtedness.  However, the
Receiver does not believe there will be funds available for the
full payment of the EDC debt.

As set forth, EDC holds a secured claim in the Debtors' assets in
the approximate amount of CAD$5 million on which interest and costs
continues to accrue.  It holds a valid security interest in
substantially all of the Debtors' assets securing these amounts
owed.  The only unencumbered assets of the Debtors that are being
purchased by the Purchaser relate to certain equipment owned by
Axios Logistics and Axios USA and are currently in the possession
of various Possessory Claimants.  The Purchaser and the Receiver
are in the process of finalizing the Purchase Price Allocation
Schedule to be appended to the Purchase Agreement.  However, in the
Receiver's view the majority of the value of the Purchase Price is
attributable to the pallets owned by Axios Logistics and subject to
EDC's security.

Accordingly, the proceeds from the sale of the Unencumbered Assets
will be distributed to EDC as well because after amounts secured by
the Receiver's Charge and Receiver's Borrowings Charge are
allocated on a pro rata basis among the Debtors, there are no
remaining funds available for a distribution to unsecured creditors
of Axios Logistics and Axios USA.

Further, the Administration Order establishes guidelines for the
following: (i) payment of professional fees for the Receiver and
legal counsel; (ii) payment to Service Canada on account of the
WEPP Amount; (iii) approval of subsequent legal fees for the
Receiver and legal counsel to complete administration of the cases;
(iv) disbursement of funds to EDC not to exceed the maximum amount
of EDC's secured debt; and (vi) the termination, discharge, and
release of the Receiver upon completion of the administration of
the Canadian Proceedings and these Chapter 15 Cases.

The Receiver believes that the Sale of the Purchased Assets in
accordance with the terms and conditions of the Purchase Agreement,
the Vesting Order, and the U.S. Order represents the best
realization of value for the Debtors' creditors and other
stakeholders under the circumstances.  The Court's recognition and
approval of the Vesting Order will permit the Receiver to sell the
Purchased Assets without disruption and in a timely and efficient
marmer.  Accordingly, the Receiver asks the Court to approve the
relief requested.

Time is of the essence with respect to the U.S. Order.
Accordingly, the Receiver asks that the Court waives the 14-day
stay period under Bankruptcy Rule 6004(h).

A copy of the APA attached to the Motion is available for free at:


    http://bankrupt.com/misc/Allinger_Properties_220_Order.pdf

The Purchaser:

          LEONITE HOLDINGS, INC.
          c/o Leonite Capital, LLC
          1 Hillcrest Center Drive, Suite 232
          Spring Valley, NY 10977
          Att: Avi Geller
          E-mail: avi@leonitecap.com

The Purchaser is represented by:

          Sam Rappos, Esq.
          CHAITONS LLP
          5000 Yonge Street, 10th Floor
          Toronto, ON M2N 7E9
          E-mail: samr@chaitons.com

                      About Axios Logistics

Axios Logistics Solutions, Inc. is a supply chain logistics company
that offers technologically advanced shipping pallets primarily to
the perishable food industry.

A. Farber & Partners Inc., the Court-appointed receiver and duly
authorized foreign representative for Axios Logistics Solutions,
Inc., Axios Mobile Assets, Inc., Axios Mobile Assets, Inc., and
Axios Mobile Assets Corp. filed a petition under Chapter 15 of the
Bankruptcy Code (Bankr. D. Dela. Case No. 17-10438, 17-10440,
17-10443, and 17-10444, respectively) on Feb. 28, 2017.  Judge
Brendan Linehan Shannon is assigned to their cases.

The petitioner tapped Mark L. Desgrosseilliers, Esq., and Morgan L.
Patterson, Esq., at Womble Carlyle Sanbridge & Rice, LLP as
counsel.

Axios Logistics estimated total assets at $5.57 million and total
liabilities at $17.28 million as of Sept. 30, 2016.

On March 28, 2017, the Court entered an order approving the
Petition for Recognition on a final basis.

The Receiver can be reached at:

          A. FARBER & PARTNERS, INC..
          150 York Street, Suite 1600
          Toronto, ON M5H
          Attn: Hylton Levy, Peter Crawley
          E-mail: hlevy@farberfinancialcom
                  pcrawley@farberfinancialcom


B&T ENTERPRISES: Sept. 13 Plan Confirmation Hearing
---------------------------------------------------
The Hon. Michael G. Williamson of the U.S. Bankruptcy Court for the
Middle District of Florida has conditionally approved B&T
Enterprises Services, Inc.'s disclosure statement referring to the
Debtor's plan of reorganization.

The Court will conduct a hearing on confirmation of the Plan,
including timely filed objections to confirmation, and objections
to the Disclosure Statement on Sept. 13, 2017, at 9:30 a.m.

Objections to the Disclosure Statement and plan confirmation must
be filed not later than seven days prior to the date of the hearing
on confirmation.

Parties-in-interest will submit to the Clerk's office their written
ballot accepting or rejecting the Plan no later than eight days
before the date of the Confirmation Hearing.

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

                       About B&T Enterprise

B&T Enterprise Services, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Fla. Case No. 17-02515) on March 28, 2017,
listing under $1 million in both assets and liabilities.

Suzy Tate, Esq., and Chris Broussard, Esq., at Suzy Tate, P.A.,
serve as the Debtor's bankruptcy counsel.


BICOM NY: Sept. 18 Auction of All Assets Approved
-------------------------------------------------
Judge Michael E. Wiles of the U.S. Bankruptcy Court for the
Southern District of New York authorize bidding procedures proposed
by BICOM NY, LLC, ISCOM NY, LLC, and Bay Ridge Automotive Co., LLC
("BRAC") in connection with the sale by auction of substantially
all of their tangible and intangible assets in one or more lots.

The salient terms of the Bidding Procedures are:

   a. Bid Deadline: Sept. 12, 2017 at 4:00 p.m. (ET)

   b. Dealership Agreement Deadline: Sept. 5, 2017

   c. Deposit: 10% of the fixed cash consideration

   d. Auction: Sept. 18, 2017 at 9:00 a.m. (ET) at the offices of
Debtors' counsel, Wilk Auslander LLP, 1515 Broadway, 43rd Floor,
New York, New York

   e. Bidding at the Auction for each lot or relevant combinations
of lots will begin with the Starting Bid and continue, in one or
more rounds of bidding.

   f. Each Subsequent Bid at the Auction will provide net value to
the estate of at least $100,000 over the Starting Bid or the
Leading Bid, as applicable, which net value may be in the form of
cash or noncash consideration.

   g. As Is Where Is: Any sale of Assets will be on an "as is,
where is" basis and without representations or warranties of any
kind, nature or description.

   h. Free and Clear: Free and clear of any and all liens, claims,
encumbrances and other interests

   i. Sale Hearing: Sept. 19, 2017 at 10:00 a.m. (ET)

The DIP Lender, directly or through a designee, reserves the right
to credit bid up to the full amount of the DIP Obligations in any
Auction of its Collateral.  The DIP Lender and the Prepetition
Lender will each be deemed Qualified Bidders in the Auction.

With respect to any Assumed Contracts, as that term is defined
under the Form APA, the Debtors will satisfy the requirement of
section 365.  

Notwithstanding any other provision of the Order or any provision
of the Form APA, these terms and conditions will apply in the event
a Successful Bidder or a Back-Up Bidder seeks to acquire one or
more of the Debtors' automobile franchises with one or more
Manufacturers:

   a. There will be no sale or assignment of any such automobile
franchise by a Debtor to a Successful Bidder or a Back-Up Bidder
unless the Debtor (i) assumes its Dealer Agreement with the
applicable Manufacturer, and (ii) assigns such Dealer Agreement to
the Successful Bidder or a Back-Up Bidder, in each case in
accordance with and pursuant to section 365 of the Bankruptcy Code
and the Sale Order.

   b. Each Debtor and each Manufacturer will retain all of their
respective rights with respect to any proposed assumption by such
Debtor of its Dealer Agreement with such Manufacturer.

   c. Each Debtor and each Manufacturer will retain all of their
respective rights with respect to any proposed assignment by such
Debtor of its Dealer Agreement with such Manufacturer.

   d. In the event a Sale is approved that contemplates an
assumption and assignment of a Dealer Agreement:

        i. Each Manufacturer will have the right to review, or
continue its review of, the Completed Application submitted by the
Successful Bidder and the Back-Up Bidders (if any) in accordance
with its review rights under its Dealer Agreement and applicable
state law.

       ii. Upon the conclusion of its review of the Completed
Application, the Manufacturer will advise the Debtor, the DIP
Lender and the Creditors' Committee in writing whether the
Manufacturer consents to the assumption of its Dealer Agreement by
the applicable Debtor and whether the Manufacturer consents to the
assignment of its Dealer Agreement to the Successful Bidder and/or
Back-Up Bidder (if any).

      iii. In the event a Manufacturer consents to the assumption
and assignment of its Dealer Agreement, the assumption of the
Manufacturer's Dealer Agreement will be approved and the assignment
of the Dealer Agreement to the Successful Bidder or Back-Up Bidder,
as applicable, will be approved, in each case without any further
action or notice of any kind.

       iv. In the event a Manufacturer does not consent to the
assumption or assignment of its Dealer Agreement by the applicable
Debtor, the Debtors will schedule a further hearing.

         v. There will be no assumption by any Debtor of its Dealer
Agreement unless (A) the applicable Manufacturer consents to such
assumption, or (B) the Court, following a Second Sale Hearing,
enters an order approving the assumption of the Dealer Agreement.

        vi. There will be no assignment by any Debtor of its Dealer
Agreement unless (A) the applicable Manufacturer consents to such
assignment, or (B) the Court, following a Second Sale Hearing,
enters an order approving the assignment of the Dealer Agreement.

   e.  Jaguar Land Rover North America, LLC and Maserati North
America, Inc. have agreed to that in the event that Ford Motor Com.
does not agree prior to the Bid Date, then (i) this will not be
applicable to or binding on BRAC in any manner to benefit or to be
enforceable by Ford, and (ii) BRAC and Ford will each retain all
rights with respect to the applicable Dealer Agreement and the
contemplated sale of the franchise associated with such Dealer
Agreement.

Counsel for the Debtors will serve a copy of the Order and the Sale
Procedures Notice no later than Aug. 10, 2017 upon all Notice
Parties.

A copy of the Bidding Procedures, the Notice and the Form APA
attached to the Order is available for free at:

      http://bankrupt.com/misc/BICOM_NY_142_Order.pdf

                    About BICOM and ISCOM NY

BICOM NY, LLC, d/b/a Jaguar Land Rover Manhattan --
http://www.landrovermanhattan.com/-- is a dealer of Jaguar and  
Land Rover cars in New York City.  ISCOM NY, LLC, d/ba/ Maserati of
Manhattan -- http://www.maseratiofmanhattan.com/-- is a retailer
of Maserati cars in New York City.

BICOM NY, and ISCOM NY and related entity Bay Ridge Automotive
Company, LLC, sought Chapter 11 protection (Bankr. S.D.N.Y. Case
Nos. 17-11906 to 17-11908) on July 10, 2017.  The petitions were
signed by Gary B. Flom, manager.

BICOM NY disclosed $37.37 million in total assets and $12.17
million in total liabilities as of the bankruptcy filing.  ISCOM NY
disclosed $4.85 million in total assets and $5.33 million in total
liabilities.

Eric J. Snyder, Esq., at Wilk Auslander LLP, serves as the
Debtors' bankruptcy counsel.


BING ENERGY: VPJP Opposes Approval of Plan Outline
--------------------------------------------------
VPJP LLC asked the U.S. Bankruptcy Court for the Northern District
of Florida to deny approval of the latest disclosure statement
filed by Bing Energy International, Inc. and Bing Energy
International, LLC.

In its objection, the creditor argued the disclosure statement
cannot be approved because the companies' latest Chapter 11 plan of
reorganization is not feasible.

"The original plan proposed to pay general unsecured creditors only
5% of their allowed claims, yet the amended plan proposes to
pay general unsecured creditors 100% of their allowed claims, with
little explanation as to the sudden ability to make such
substantial additional distributions," VPJP said.

VPJP also argued that the plan "has not been proposed in good
faith."  The creditor pointed out shareholders of the companies
have received or are aware of offers to support reorganization that
are more beneficial to creditors than those set forth in the
proposed plan but they did not disclose those offers.

"The shareholders' failure to disclose those other offers is
self-interested and harmful to the debtors' creditors," VPJP said
in the court filing.

VPJP is represented by:

         Jacob A. Brown, Esq.
         Katherine C. Fackler, Esq.
         AKERMAN LLP
         50 North Laura Street, Suite 3100
         Jacksonville, FL 32202
         Tel: (904) 798-3700
         Fax: (904) 798-3730
         E-mail: jacob.brown@akerman.com
                 katherine.fackler@akerman.com

               About Bing Energy International

Bing Energy International, LLC and Bing Energy International, Inc.
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
N.D. Fla. Lead Case No. 16-40323) on July 7, 2016.  The petition
was signed by Dean R. Minardi, chief executive officer.   At the
time of the filing, Bing Energy International, LLC estimated its
assets at $1 million to $10 million and debts at $500,000 to $1
million.  Bing Energy International, Inc. estimated its assets at
$1 million to $10 million and debts at $100,000 to $500,000.

The case is assigned to Judge Karen K. Specie.  The Debtors are
represented by Berger Singerman LLP.  Counsel to BEI-DIP, LLC, the
DIP lender, is Osborn Group LLC.

On August 10, 2016, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee is
represented by Stichter Riedel Blain & Postler, P.A.

On June 7, 2017, the Debtors filed a Chapter 11 plan and disclosure
statement.  The Disclosure statement provides that DIP lender
BEI-DIP, LLC, has obtained an exit financing facility of
approximately $175,000 from Prime Meridian Bank.  All or some of
the members of the DIP Lender have guaranteed the exit facility.  

The DIP Lender will exercise its option to convert the debt it is
owed by the Debtors into equity in the Reorganized Debtor and
inject cash into the Debtor's estates in an amount sufficient to
satisfy all allowed administrative expense claims in full, at
confirmation, and make a 1% distribution to holders of General
Unsecured Claims as of the Effective Date or as soon thereafter as
practicable and a payment of 4% payable over three years.  To the
extent the Reorganized Debtors operate post-confirmation, the DIP
Lender may provide 100% of the funding that is or may be necessary
to support the operations.  All interests in the Debtors will be
cancelled, and the DIP Lender will be the sole holder of interests
in the Reorganized Debtor, as of the Effective Date.  As of the
Effective Date, the Reorganized Debtor will own all of the Debtors'
assets, including Bing Inc.'s 100% ownership interest in Bing LLC,
and all of Bing LLC's assets, including its ownership interests in
Nantong Bing Energy Co., Ltd., and EnerFuel2, LLC, and NOLs for
2009 to 2014.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/flnb16-40322-122.pdf


BP ORTHOLITE: S&P Lowers Then Withdraws 'B' CCR on Trilantic Deal
-----------------------------------------------------------------
Private equity sponsor Trilantic North America has acquired a
majority stake in U.S.-based insole manufacturer O2 Partners LLC,
wholly owned by BP Ortholite LLC (also known as Ortholite), from
Blue Point Capital Partners for an undisclosed amount. Financial
terms and the capital structure of the deal were not disclosed.

As a result, S&P Global Ratings lowered its corporate credit rating
on Amherst, Mass.-based BP Ortholite LLC (Ortholite) to 'B' from
'B+'. The outlook is stable. S&P said, "Subsequently, we withdrew
all of the ratings on the company."

S&P said, "The one-notch downgrade reflects our assumption that
following the company's sale to its new private equity owners debt
leverage will likely increase to near or above 5x. For the 12
months ended March 31, 2017, we estimate the company's debt
leverage was 3.7x. Previously, we expected the company to maintain
debt leverage below 5x to maintain the 'B+' rating. In the
intermediate term, we believe that new owner Trilantic will likely
seek additional acquisitions to grow the company or fund a
dividend, and thus likely maintain higher debt levels.

"The stable outlook reflects our view that the company was
capitalized with adequate liquidity such that it should meet its
debt obligations and fund business operations. We will no longer
maintain surveillance on the company following this review."


BREITBURN ENERGY: Has Nod to Enter Into Swap Pacts With DIP Lenders
-------------------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that U.S.
Bankruptcy Judge Stuart M. Bernstein has authorized Breitburn
Energy Partners LP to enter into swap agreements with its
debtor-in-possession lenders and related entities to hedge
potential losses from fluctuations in oil and gas prices.

As reported by the Troubled Company Reporter on July 20, 2017,
BankruptcyData.com reported that the Debtor sought court permission
to enter into swap agreements, pledge collateral, grant DIP
super-priority claims and honor obligations thereunder and enter
into a fourth amendment to its post-petition senior secured
super-priority financing agreement.

                      About Breitburn Energy

Breitburn Energy is engaged in the acquisition, exploitation and
development of oil and natural gas properties, Midstream Assets,
and a combination of ethane, propane, butane and natural gasoline
that when removed from natural gas become liquid under various
levels of higher pressure and lower temperature, in the United
States.  Operations are conducted through Breitburn Parent's
wholly-owned subsidiary, Breitburn Operating LP, and BOLP's general
partner, Breitburn Operating GP LLC.

Breitburn Energy Partners LP and 21 of its affiliates filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code (Bankr. S.D.N.Y. Lead Case No. 16-11390) on May 15, 2016,
listing assets of $4.71 billion and liabilities of $3.41 billion.
The petitions were signed by James G. Jackson, executive vice
president and chief financial officer.

The Debtors are represented by Ray C Schrock, Esq., and Stephen
Karotkin, Esq., at Weil Gotshal & Manges LLP.  The Debtors hired
Steven J. Reisman, Esq., and Cindi M. Giglio, Esq., at Curtis,
Mallet-Prevost, Colt & Mosle LLP as their conflicts counsel.  The
Debtors tapped Alvarez & Marsal North America, LLC, as financial
advisor; Lazard Freres & Co. LLC as investment banker; and Prime
Clerk LLC as claims and noticing agent.

The U.S. trustee for Region 2 appointed three creditors of
Breitburn Energy Partners LP and its affiliates to serve on the
official committee of unsecured creditors, and on Nov. 15, 2016,
the U.S. Trustee appointed seven creditors of Breitburn Energy
Partners LP and its affiliated debtors to serve on the official
committee of unsecured creditors.


BRISTLECONE INC: $200K Sale of Assets to Gas Hole Approved
----------------------------------------------------------
Judge Bruce T. Beesley ask the U.S. Bankruptcy Court for the
District of Nevada authorized Bristlecone, Inc., doing business as
Bristlecone Holdings, and its debtor-affiliates to sell their Group
#3 and #4(b) assets to Gas Hole, LLC or nominee for $200,000.

A hearing on the Motion was held on July 28, 2017 at 10:00 a.m.

The sale is free and clear of all liens, claims and encumbrances.

The Group #3 Assets to be sold to the Buyer are more specifically
described as follows: Certain office equipment; Intangibles and
intellectual property consisting of origination/pricing logic and
algorithms for approval and pricing and customized applications and
lease agreements for all eight Debtor Entities; trademarks for
Bristlecone, SPV, BoonFi, Medly, Barkify, and I Do; for
Bristlecone, SPV, BoonFi, Medly, Barkify, and I Do, the Internet
domain; for all eight Debtor Entities, the Google accounts,
websites; and all the Confidentiality, Invention Assignment,
Non-Solicitation, and Non-Competition Agreements for all existing
and former Bristlecone employees and independent contractors.

The Group #4(b) Assets to be sold to the Buyer are more
specifically described as follows: All customer personally
identifiable information and historical data.  Notwithstanding the
foregoing, unless anonymized prior to transfer to the Buyer, the
Group 4 Assets to be sold and transferred to the Buyer do not
include files and records for consumers where the closed-end
consumer lease between the relevant Debtor and the consumer was
completed more than two years prior to April 18, 2017
("Non-Transferable Consumer Files").  The Debtors will file a
certification with the Bankruptcy Court within 10 business days of
the closing of the sale representing that the Non-Transferable
Consumer Files were anonymized or deleted and that the
Non-Transferable Consumer Files were not transferred to the Buyer.

The $200,000 purchase price for the Debtors' Assets will be
deposited by the Debtors in a new, segregated DIP bank account,
with no distributions to be made therefrom by the Debtors, and all
sale proceeds will be tamed over to any subsequently appointed
Chapter 7 Trustee.

The Debtors and the Buyer will follow the recommendations set forth
in the Report of the Consumer Privacy Ombudsman.  The Buyer will
become the successor-in-interest to the Debtors' privacy policies
that were in effect on the Petition Date.

The 14-day stay provisions of FRBP 6004(h) are waived so that
closing of the sale may occur as set forth in the Motion or as
mutually agreed upon by the Debtors and the Buyer.

                    About Bristlecone, Inc.

Bristlecone, Inc. -- http://bristleconeholdings.com/-- develops   
financial technologies to help businesses evaluate consumer
creditworthiness.  The Debtor uses the software to look at leading
indicators, like bank accounts, social data, and public records to
develop algorithms to make decisions before lending money.  It
develops software to lend directly to consumers and small
businesses.  The Debtor was founded in 2013 and is headquartered
in Reno, Nevada.

Bristlecone, Inc., and seven of its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Nev. Case Nos.
17-50472 to 17-50476 and 17-50478 to 17-50480) on April 18, 2017.
The petitions were signed by Brandon Kyle Ferguson, president and
CEO.

The seven debtor-affiliates are Boonfi LLC, Bristlecone Lending
LLC, Bristolecone SPV I LLC, I Do Lending LLC, Medly LLC, One Road
Lending LLC and Wags Lending LLC.  

At the time of the filing, Bristlecone, Inc., estimated its assets
and liabilities at $10 million to $50 million.

The Debtors' cases are assigned to Judge Bruce T. Beesley.

Stephen R. Harris, Esq., at Harris Law Practice LLC, is the
Debtors' counsel.


CITY WIDE INVESTMENTS: Hires Commercial Property as Appraiser
-------------------------------------------------------------
City Wide Investments, LLC seeks authorization from the U.S.
Bankruptcy Court for the District of Colorado to employ Commercial
Property Consultants, Inc., as appraiser.

The Debtor requires Commercial Property Consultants, Inc. ("CPC")
to perform a retrospective appraisal of an eight-family apartment
building located at 8940 North Michele Street, Milwaukee,
Wisconsin, formerly owned by the Debtor, on the terms set forth in
the parties' engagement letter, and to testify at an upcoming trial
in Adversary Case No. 17-02115-svk, City Wide Investments, LLC v.
City of Milwaukee.

CPC will perform its appraisal for a $3,500 flat fee, payable in
advance, plus $250 per hour for expert witness time.

Steve Stiloski, president at Commercial Property Consultants, Inc.,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

CPC may be reached at:

      Steve Stiloski
      Commercial Property Consultants, Inc.
      P.O. Box 529
      Jackson, WI 53037
      Phone: 262.677.9092
      Fax: 262.677.9093

                   About City Wide Investments, LLC

City Wide Investments, LLC filed a Chapter 11 bankruptcy petition
(Bankr. E.D.Wis. Case No. 17-22900) on April 3, 2017. Leonard G.
Leverson, Esq., at Leverson Lucey & Metz SC serves as bankruptcy
counsel.

The Debtor's assets and liabilities are both below $1 million.


CLINE GRAIN: Proposes Nov. 15 Auction of 172 Acres of Farm Land
---------------------------------------------------------------
Allen L. Cline and Teresa A. Cline and Michael B. Cline and
Kimberly A. Cline file a notice with the U.S. Bankruptcy Court for
the Southern District of Indiana of their sale of approximately 172
acres of farm land at auction.

A hearing on the Motion is scheduled for Sept. 13, 2017, at 10:00
a.m.  Objections, if any, must be filed no later than Sept. 1,
2017.

The public auction will be held on Nov. 15, 2017 and will be
conducted by Halderman Real Estate Services, Inc.

A copy of the list of parcels of the farm land to sold attached to
the Motion is available for free at:

        http://bankrupt.com/misc/Cline_Grain_396_Sales.pdf

                    About Cline Grain, et al.

Cline Grain, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ind. Case Nos. 17-80004) on Jan. 3,
2017.  Chapter 11 petitions were also simultaneously filed by
Cline Transport, Inc. (Case No. 17-80005), New Winchester
Properties,
LLC (17-80006), Michael B. Cline and Kimberly A. Cline (Case No.
17-00013) and Allen L Cline and Teresa A. Cline (Case No.
17-00014).  Allen Cline, as authorized representative, signed the
petitions.

The cases are assigned to Judge Jeffrey J. Graham.  On Jan. 10,
2017, the Court ordered the joint administration of all the
Debtors' cases under Case No. 17-80004.

The Debtors are represented by Jeffrey M. Hester, Esq., at Hester
Baker Krebs LLC.

At the time of the filing, the Debtors reported these assets and
liabilities:

                                     Estimated   Estimated
                                      Assets    Liabilities
                                    ----------  -----------
       Cline Grain, Inc.               $0-$50K    $1M-$10M
       Cline Transport, Inc.        $500K-$1M     $1M-$10M
       New Winchester Properties     $10M-$50M    $1M-$10M

No official committee of unsecured creditors has been appointed in
the Chapter 11 cases.


COLUMBIA HOUSE: Liquidating Trustee Tries to Claw Back Millions
---------------------------------------------------------------
Cara Salvatore, writing for Bankruptcy Law360, reports that Edward
Bond -- liquidating trustee of the FEI Creditors' Liquidation Trust
for the parent of onetime music mega-distributor Columbia House --
filed legal actions seeking to claw back $19 million.

According to Law360, Mr. Bond filed two fraudulent-transfer
lawsuits and also filed a breach-of-fiduciary-duty lawsuit against
former executives -- CEO Deborah Fine, CFO Mark Bonney, VP for
Legal Clifton Knight, and Controller William Jackson -- over a
$14.6 million loan from FE.


CONCORDIA INTERNATIONAL: Incurs US$1.01B Net Loss in 2nd Quarter
----------------------------------------------------------------
Concordia International Corp. reported a net loss of US$1.01
billion on US$160.78 million of revenue for the three months ended
June 30, 2017, compared to a net loss of US$570.45 million on
US$231.71 million of revenue for the three months ended June 30,
2016.

For the six months ended June 30, 2017, the Company reported
a net loss of US$1.08 billion on US$321.34 million of revenue
compared to a net loss of US$575.61 million on US$460.24 million of
revenue for the same period during the prior year.

As of June 30, 2017, Concordia had US$2.61 billion in total assets,
US$4.02 billion in total liabilities and a total shareholders'
deficit of US$1.41 billion.

As of June 30, 2017, the Company had cash of US$301.8 million.  The
Company's credit agreement dated Oct. 21, 2015, also provides for a
revolving credit facility, which is undrawn.  The Company is
currently not subject to financial maintenance covenants under its
credit agreement.  These financial maintenance covenants are
applicable only in the event that the aggregate principal amount of
outstanding revolving loans under the Company's credit agreement is
greater than 30% of the aggregate amount, or $60 million of the
revolving facility.

As at June 30, 2017, and Aug. 10, 2017, the Company had 51,112,180
and 51,143,978 common shares issued and outstanding.

"Our second quarter results were in line with our expectations,
which can be attributed to our business stabilization initiatives
taken to date," said Allan Oberman, chief executive officer of
Concordia.  "During the quarter, we also finalized our long-term
growth strategy, with the full support of our Board of Directors.
Our new long-term growth strategy, known going forward as the
DELIVER strategy, seeks to accelerate growth by maximizing our
existing assets and future market opportunities, expanding our
product portfolio, optimizing our operating platform and
strengthening our financial foundation.  We look forward to sharing
the detailed initiatives that comprise the DELIVER strategy by mid
September."

Based on current market conditions, the Company continues to
believe it has sufficient liquidity over at least the next 12
months to operate its business and meet its debt obligations in the
ordinary course.

As originally announced on June 21, 2017, the Company is continuing
to work with Perella Weinberg Partners LP as its lead adviser with
respect to the development of a plan and execution for an optimal
capital structure.

Announced the appointment of David Price as CFO and the
appointments of Itzhak Krinsky and Francis (Frank) Perier, Jr. to
the Company's Board of Directors.

             Second Quarter 2017 Segmental Results

North America segment revenue of US$45.5 million for three months
ended June 30, 2017, decreased by US$34.8 million or 43%, compared
to the corresponding period in 2016.  The decrease was primarily
due to a US$15.0 million decrease from Plaquenil authorized
generic, a US$4.7 million decrease from Nilandron, and a US$6.3
million decrease from Donnatal as a result of additional
competitive pressures that resulted in losses of market share.
Donnatal has continued to face pressure from a non-FDA approved
product being distributed by a competitor, and during the second
quarter of 2017, the Company became aware of the launch of an
additional competitive product to Donnatal.

Second quarter 2017 revenue for the North America segment increased
by approximately 9% compared to first quarter 2017 revenue of
US$41.8 million, primarily due to higher volumes from Plaquenil and
Lanoxin authorized generic.

International segment revenue of US$115.3 million for the three
months ended June 30, 2017, decreased by US$36.1 million or 24%,
compared to the corresponding period in 2016. The decrease was
partially attributable to a US$17.1 million decrease in revenue as
a result of the foreign currency impact of the Great British Pound
(GBP) weakening against the USD.  Additionally, there was a US$4.3
million decrease from Prednisolone; a $3.1 million decrease from
Nefopam; a US$2.9 million decrease from Liothyronine Sodium; a
US$1.5 million decrease from Hydrocortisone; a US$2.9 million
decrease from Trazadone; and a $1.1 million decrease from
Levothyroxine Sodium.  These lower product volumes and revenues are
primarily due to competitive market pressures.

Second quarter 2017 revenue for the Concordia International segment
decreased by US$3.4 million compared to the first quarter of 2017.
The sequential decline was primarily due to additional competitive
pressures on the segment's product portfolio.
During the second quarter of 2017, the Company also became aware of
a marketing authorization granted by the Medicines & Healthcare
products Regulatory Agency in the United Kingdom for a competitive
product to Liothyronine Sodium.

                          Pipeline Update

During the second quarter of 2017, the Company launched three new
products into markets that have a current IMS-estimated value of
US$3 million.

Concordia also has 14 products that have already been approved or
are awaiting approval.  These products, if launched, are expected
to compete in markets that have a current IMS-estimated value in
excess of US$100 million.

In addition, the Company currently has 26 products (compared to 8
products in the first quarter of 20l7) under development that are
anticipated to launch in the next three to five years.  The Company
believes that these products, if launched, will compete in markets
that have a current IMS-estimated value in excess of US$1.5
billion.

Concordia believes that these products include several
first-to-market or early-to-market opportunities for
difficult-to-make products.

In addition, the Company has 16 products identified for potential
development that, if launched, are expected to compete in markets
that have a current IMS-estimated value in excess of US$500
million.

In total, Concordia's pipeline is comprised of more than 50
products that could compete in markets that have a current
IMS-estimated value in excess of US$2 billion.

                  Executive Leadership Changes

Concordia announced that in support of the DELIVER strategy,
Sanjeeth Pai joined the Company, on Aug. 14, 2017, as president of
Concordia's North America segment, and Sarwar Islam will become
Concordia's chief corporate development officer, on Sept. 1, 2017.

For the past 10 years, Sanjeeth Pai has worked for Cardinal Health
where he held a number of senior roles, the most recent being
vice-president, strategy, specialty solutions division.  Mr. Pai
has also been vice president and general manager for Cardinal's
VitalSource Business, and Cardinal's Third Party Logistics
Business.

Earlier in his career, Mr. Pai worked at Abbott Laboratories, Wyeth
Pharmaceuticals, and Baxter Healthcare, as well as Alpharma, now a
division of the Actavis Group.

In addition, Sarwar Islam will join the Company as a full-time
employee becoming Concordia's chief corporate development officer
effective Sept. 1, 2017.  Mr. Islam joined Concordia in January
2017 as a strategic advisor; his primary responsibility since then
has been to assist Concordia through the development of the DELIVER
strategy.

Going forward, Mr. Islam will focus on the execution of some of the
components of the DELIVER strategy, as well as leading Concordia's
corporate development initiatives.

Mr. Islam spent the past 15 years with The Boston Consulting Group,
most recently as Partner and Managing Director, and as the Global
Head, Pharmaceutical Generics & Biosimilars practice. During this
period, Mr. Islam worked extensively across Europe, including the
UK, Germany, France, Sweden, and the U.S.

Finally, Wayne Kreppner, Concordia's president and chief operating
officer, will be leaving Concordia effective Aug. 31, 2017.  The
Company will not be looking to fill this position after Mr.
Kreppner's departure.

"On behalf of our Board of Directors, I'd like to thank Wayne for
his leadership, dedication, and stewardship," continued Allan
Oberman.  "Wayne has been part of Concordia since shortly after its
inception, and he has since played an integral role in many of the
Company's major initiatives.  I am also looking forward to working
closely with Sarwar and Sanjeeth, who both bring a strong skill set
and deep industry experience to their new roles.  I believe these
two individuals will make significant contributions as we now look
to execute upon the DELIVER strategy."
    
A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/h0NiyV

                         About Concordia

Based in Canada, Concordia International Corp (NASDAQ:CXRX,
TSX:CXR) -- http://www.concordiarx.com/-- is a diverse,
international specialty pharmaceutical company focused on generic
and legacy pharmaceutical products.  Concordia has an international
footprint with sales in more than 90 countries, and has a
diversified portfolio of more than 200 established, off-patent
products. Concordia also markets Photofrin for the treatment of
certain rare forms of cancer.  The Company operates out of
facilities in Oakville, Ontario and, through its subsidiaries,
operates out of facilities in Bridgetown, Barbados; London, England
and Mumbai, India.

Concordia reported a net loss of US$1.31 billion for the year ended
Dec. 31, 2016, compared to a net loss of US$31.56 million for the
year ended Dec. 31, 2015.  

                           *    *    *

In July 2017, Moody's Investors Service downgraded the ratings of
Concordia International Corp. including the Corporate Family Rating
to 'Caa3' from 'Caa1'.  The downgrade reflects ongoing operating
headwinds in Concordia's core businesses, combined with very high
financial leverage.  Moody's believes there is elevated risk of a
debt restructuring or a distressed exchange.  Concordia's
debt/EBITDA will exceed 9.0x, limiting the flexibility to pursue
growth initiatives needed to reverse operating declines.

As reported by the TCR on May 26, 2017, S&P Global Ratings lowered
its corporate credit rating on Concordia to 'CCC+' from 'B-'.  "The
downgrade reflects the continued deterioration in Concordia's
operating results, and increased regulatory risk, which leads us to
see heightened risk for a potential distressed exchange or debt
restructuring," said S&P Global Ratings credit analyst Kim Logan.


CONDO 64: Hires Francis J April CPA as Accountant
-------------------------------------------------
Condo 64 LLC seeks authority from the U.S. Bankruptcy Court for the
District Connecticut, Hartford Division, to employ Francis J April,
CPA, LLC as its accountant.

The Accountant's responsibilities are:

     a. prepare financial statements in accordance with accounting
principles generally accepted in the United States; and

     b. obtain limited assurance as a basis for reporting.

Francis J April, CPA attests that he and his firm are
"disinterested persons" as that term is defined in Bankruptcy Code
section 101(14).

FJA's standard hourly rates for partners and managing directors is
$250.00

The Firm can be reached through:

     Francis J April, CPA
     Francis J April, CPA, LLC
     801 Route 73 North, Suite H
     Marlton, NJ 08053
     Phone: 856-797-0088
     Fax: 856-707-0090
     Email: frank@frankaprilcpa.com

                        About Condo 64 LLC

Condo 64, LLC, a single asset real estate under 11 U.S.C. Sec.
101(51B), is the owner of 67 of the 112 condominium units and the
leases and rents in connection therewith at the location known as
505-509 Burnside Avenue, East Hartford, Connecticut.

Condo 64 filed a Chapter 11 petition (Bankr. D. Conn. Case No.
15-21797) on Oct. 16, 2015.   The petition was signed by Oliver C.
Pinkard, managing member.  The case is assigned to Judge Ann M.
Nevins.  The Debtor disclosed total assets at $4.6 million and
total liabilities at $3.1 million at the time of the filing.

The Debtor engaged Kaitlin M. Humble, Esq. and Craig I. Lifland,
Esq., at Halloran & Sage LLP, as bankruptcy counsel.  

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


CONNEAUT LAKE VOLUNTEER: Wants Authority to Use Cash Collateral
---------------------------------------------------------------
Conneaut Lake Volunteer Fire Department seeks authorization from
the U.S. Bankruptcy Court for the Western District of Pennsylvania
to use cash collateral in order to continue to operate its business
and successfully reorganize and pay its employees.

The Debtor believes that if it is allowed to use its cash receipts,
inventory, equipment, and other collateral, the Debtor can operate
at a profit and pay administrative expenses as they become due.
The continuation of the Debtor's business will prevent the
diminution in the value of its assets and will allow the Debtor an
opportunity to effectively reorganize and maximize the value of its
assets for the benefit of all creditors and the Chapter 11 estate.

The United States of America, Department of the Treasury, Internal
Revenue Service has filed Notices of Federal Tax Lien in the
aggregate sum of $260,000. The IRS asserts a lien on all assets of
the Debtor.  The Debtor and the IRS have reached a tentative
agreement for the Debtor to repay the IRS over a period of 8 years
at the rate of interest in effect at the time of confirmation which
will require a monthly payment of $3,166.  Accordingly, the Debtor
proposes to commence making the monthly payment in the amount of
$3,166 to the IRS on Sept. 15, 2017.

Pursuant to a Notice of Unemployment Tax Lien, the Commonwealth of
Pennsylvania, Department of Labor & Industry is owed approximately
$31,222 and has a lien on substantially all assets of the Debtor.
The Debtor and the Department of Labor & Industry have reached a
tentative agreement for the Debtor to repay the amount owed over a
period of 5 years with interest which will require a monthly
payment of $648.  Accordingly, the Debtor proposes to commence
making the monthly payment in the amount of $648 to the Department
of Labor & Industry on September 15, 2017.

Pursuant to the Stipulation filed and approved by Court Order in
the Prior Case, Mercer County State Bank have a first mortgage on
the Debtor's real estate and a lien on substantially all assets of
the Debtor.  The Stipulation requires adequate protection payments
in the amount of $5,750 per month pending confirmation of the
Debtor's Plan of Reorganization.  As such, the Debtor proposes to
continue to make adequate protection payments of $5,750 monthly to
Mercer County State Bank pending confirmation of the Plan.

PNC Bank, N.A., holds a first mortgage lien on Debtor's property
located at 10877 State Highway 18, Conneaut Lake, PA 16316.  The
Debtor and PNC Bank, N.A., have reached a tentative agreement
whereby PNC Bank, N.A., will accept the amount of $25,000 payable
over 10 years at 5% interest with monthly payments of $265 in
satisfaction of its claim.  The Debtor proposes to commence making
the monthly payment in the amount of $265 to PNC Bank on September
15, 2017.

Michael and Amy Gregg hold a lien on the Debtor's 1998 Pierce Fire
Truck and are owed a balance of approximately $120,000.  The Debtor
has obtained an appraisal of the Fire Truck from Glick Fire
Equipment which opines that the value of the fire truck is between
$55,000 and $75,000.  The Debtor intends to propose in its Plan of
Reorganization to satisfy the claim of the Greggs by paying the
amount of $75,000 over 10 years at 5% interest which will result in
a monthly payment of $795.  The Debtor proposes to commence payment
of the secured claim of the Greggs upon confirmation of its Plan,
and will treat the remainder of the Gregg's claim as a general
unsecured claim in its Plan of Reorganization.

First National Bank of Pennsylvania has a lien on the Debtor's 1990
Pierce Rescue Truck and is owed approximately $22,500.  First
National Bank and the Debtor have reached an agreement to amortize
the balance over a period of 4 years at 5% interest which will
require a payment of $489 per month.  The Debtor proposes to
commence making the monthly payment of $489 to First National Bank
on September 15, 2017.

Pennsylvania Emergency Management Agency ("PEMA") asserts a secured
claim against the Debtor in the approximate amount of $82,000, and
holds a subordinated mortgage on the Debtor's real property located
at 11877 Conneaut Lake Road, Conneaut Lake, PA.  The Debtor submits
that there is no value in the property to support PEMA's mortgage
and that the mortgage is totally "under water." Accordingly, the
Debtor proposes to treat the PEMA claim as a general unsecured
claim in its Plan of Reorganization and proposes no monthly payment
to PEMA.

A full-text copy of the Debtor's Motion, dated Aug. 8, 2017, is
available at https://is.gd/Zl8UYK

                       About Conneaut Lake
                     Volunteer Fire Department

The Conneaut Lake Volunteer Fire Department of Conneaut Lake
Borough and Sadsbury Township provides fire protection services in
the borough of Conneaut Lake and the southern and eastern portions
of neighboring Sadsbury Township.  It previously sought bankruptcy
protection (Bankr. W.D. Pa. Case No. 16-10019) on Jan. 12, 2016.

The Conneaut Lake Volunteer Fire Department filed a Chapter 11
petition (Bankr. W.D. Pa. Case No. 17-10818) on Aug. 8, 2017.  The
petition was signed by Timothy Latta, president.  The Debtor
estimated assets and liabilities to be between $1 million and $10
million.

The case is assigned to Judge Thomas P. Agresti.

The Debtor is represented by Daniel P. Foster, Esq., at Foster Law
Offices, LLC.


CORPORATE RESOURCE: Court Closes Noors' Appeals Case
----------------------------------------------------
Judge J. Paul Oetken of the U.S. District Court for the Southern
District of New York issued an order directing the Clerk of Court
to close the appeals case captioned NOOR STAFFING GROUP, LLC and
NOOR ASSOCIATES, INC., Appellants, v. JAMES S. FELTMAN, Not
Individually But Solely in His Capacity as Chapter 11 Trustee of
the Estate of Corporate Resource Services, Inc., et al., Appellee,
No. 17-CV-2017 (JPO) (S.D.N.Y.) in light of the Notice of Approval
Order filed on July 19, 2017.

A copy of Judge Oetken's Order dated August 8, 2017, is available
at https://is.gd/Rqf2sM from Leagle.com

Noor Staffing Group, LLC, Appellant, represented by David Michael
Smith, Griffin Hamersky LLP.

Noor Staffing Group, LLC, Appellant, represented by Scott Anthony
Griffin -- sgriffin@griffinlegal.com --  Griffin Hamersky LLP.

Noor Associates, Inc., Appellant, represented by David Michael
Smith, Griffin Hamersky LLP & Scott Anthony Griffin, Griffin
Hamersky LLP.

James S. Feltman, Appellee, represented by Steven Salvador Flores
-- sflores@teamtogut.com -- Togut, Segal & Segal LLP.

            About Corporate Resource Services

Corporate Resource Services, Inc., is a provider of corporate
employment and human resource solutions, headquartered in New
York.
CRS leases its headquarters and does not own any real property.
About 90% of CRS shares are owned by Robert Cassera and the
balance
are traded OTC.

As of Dec. 31, 2014, CRS was one of the largest employment
staffing
companies in the U.S., providing employment and human resources
solutions for corporations with annual sales of about one billion
dollars.  In February 2015, CRS began an orderly wind down of
operations after discovering that TS Employment, Inc., a privately
held company owned by Mr. Cassera, failed to remit tens of
millions
of dollars of the Debtors' withholding taxes to taxing
authorities.

TS Employment Inc., a professional employer organization that
provided payroll-related services for CRS, sought Chapter 11
protection (Bankr. S.D.N.Y. Case No. 15-10243) in Manhattan on
Feb.
2, 2015.  The case is before Judge Martin Glenn.  TSE tapped Scott
S. Markowitz, Esq., at Tarter Krinsky & Drogin LLP, in New York,
as
counsel.  Realization Services Inc. serves as the Debtor's
consultant.

CRS and its subsidiaries sought Chapter 11 protection (Bankr. D.
Del. Lead Case No. 15-11546) on July 23, 2015, to complete their
orderly wind down of operations.  The CRS Debtors' cases were
transferred to New York (Bankr. S.D.N.Y. Lead Case No. 15-12329),
on August 18, 2015, and assigned to Judge Glenn.  CRS estimated
$10
million to $50 million in assets and $50 million to $100 million
in
debt.

The CRS Debtors tapped Gellert Scali Busenkell & Brown, LLC, as
bankruptcy counsel; Wilmer Cutler Pickering Hale & Dorr LLP, as
special counsel; Carter Ledyard & Milburn LLP, as special SEC
counsel; SSG Capital Advisors as financial advisors and investment
bankers; and Rust Omni LLC as claims agent.  

James S. Feltman has been appointed as Chapter 11 trustee for the
CRS Debtors and for TS Employment.  He has tapped Togut, Segal &
Segal LLP as counsel; and Jenner & Block LLP and Greenberg
Traurig,
P.A., as special counsel.


CROSSROADS SYSTEMS: Files for Chapter 11 With Prepack Plan
----------------------------------------------------------
Crossroads Systems, Inc., on Aug. 14, 2017, disclosed that it has
filed a case under Chapter 11 of the Bankruptcy Code and a
prepackaged Chapter 11 plan of reorganization ("Plan") that has
been accepted by the holders of more than 2/3 of the Preferred
Shares of CRDS.  In connection with the filing, the company entered
into restructuring support agreements with 210/CRDS Investment LLC
("210") and with certain holders of the Company's Series F
Preferred Stock.

Subject to the terms and conditions of the Plan and the
restructuring support agreement with 210 ("210 RSA"), Dallas-based
210 will invest $4 million cash in Crossroads Systems in exchange
for shares of the reorganized company's common stock representing
approximately 49.49% of the common stock of the reorganized
company.  In addition, 210 will provide up to $10 million of
financing for the company to use (subject to the terms and
conditions of the Plan and the 210 RSA) to implement its strategy
of monetizing its intellectual property assets and pursuing
investments in companies that generate profit and positive cash
flows, thus creating long-term shareholder value.

The Plan provides for the payment of all creditor claims in full,
for holders of Preferred Shares to receive their pro rata share of
$2,672,233.78 in cash plus 8% of the common stock of the
reorganized company, and for holders of common stock to exchange
their existing shares of common stock for an equivalent number of
new shares of the common stock of the reorganized company, which
shares would constitute approximately 42.51% of the outstanding
share of the common stock of the reorganized company.

Richard K. Coleman, Jr., Executive Director at Crossroads Systems
said, "We are pleased 210/Crossroads Investment LLC has chosen to
make an investment in Crossroads Systems, Inc.  The investment
capital will allow Crossroads to continue to monetize its patent
portfolio while pursuing potential acquisitions that can create
value for investors."

Robert Alpert, a management representative of 210, commented: "We
are excited about the opportunity to invest in Crossroads Systems,
Inc. and look forward to working with management to implement the
company's business strategy and create long-term shareholder
value."

The consummation of the Plan will be subject to customary
conditions and other requirements.  The 210 RSA also provides for
termination by each party, or by any party, upon the occurrence of
certain specified events.

The foregoing descriptions of the 210 RSA and the Plan are
qualified by reference to the full text of such documents, copies
of which are available on the company's Web site
http://www.crossroads.com/

The company filed its voluntary Chapter 11 petition and the Plan in
the U.S. Bankruptcy Court for the Western District of Texas in San
Antonio.

Crossroads Systems, Inc., is an intellectual property licensing
company.  The Company's intellectual property assets are identified
in two distinct categories: the first category is known as the 972
patent family and the second category is known as the non-972
patents.


DEARBORN VILLAGE: Wilson Rental Buying Helena Property for $600K
----------------------------------------------------------------
Dearborn Village, LLC, asks the U.S. Bankruptcy Court for the
District of Montana to authorize the sale of real property located
at 410-418.5 Dearborn Avenue, Helena, Lewis and Clark County,
Montana, to Wilson Rental Properties, LLC, for $600,000.

The parties entered into Buy-Sell Agreement (Residential) for the
sale and purchase of the Property.  The Debtor proposes to sell the
Property to the Buyer free and clear of liens.  Pursuant to the
Agreement, the closing will be on Aug. 25, 2017.

A copy of the Agreement attached to the Motion is available for
free at:

     http://bankrupt.com/misc/DEARBORN_VILLAGE_18_Sales.pdf

After costs of sale, the net sale proceeds due to the Debtor will
be held in escrow at First Montana Land Title Co. pending an
agreement with First Community Bank and the Court's Order on
distribution.  The secured creditors will retain their priority
liens on the sale proceeds and the proceeds will be distributed by
further Order of the Court.

If the sale is not timely approved, the DIP's estate may suffer
irreparable harm.  If the sale is approved, the existing secured
creditors will not be harmed and it will put them in a better
debt/asset ratio.  All other creditors will benefit as well.

In the event objections are filed as to distribution, the Debtor
asks the Court to approve the sale and set a hearing to determine
distribution.  In that event, it asks that the Court schedules a
hearing on shortened notice on Sept. 5, 2017, at 9:00 a.m. in
Butte, Montana, relative to the Motion.

The Purchaser:

          WILSON RENTAL PROPERTIES, LLC
          675 Corral Road
          Helena, MT 59602

                     About Dearborn Village

Dearborn Village, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. D. Mont. Case No. 17-60707) on July 18, 2017, estimating
under $1 million in both assets and liabilities.  The Debtor is
represented by Gary S. Deschenes, Esq., at Deschenes & Associates
Law Offices.


DELL INC: Moody's Affirms Ba1 Corp. Family Rating, Outlook Stable
-----------------------------------------------------------------
Moody's Investors Service affirmed Dell Inc.'s corporate family and
probability of default ratings ("CFR" and "PDR", respectively) at
Ba1 and Ba1-PD, respectively, following VMware, Inc.'s proposed
notes issuance. Moody's also affirmed all of the debt ratings at
Dell, Dell International LLC, and EMC Corporation. The rating
outlook is stable.

RATINGS RATIONALE

The Ba1 CFR reflects Moody's view that despite the underperformance
of the Dell business compared to original expectations at the
closing of the merger in September 2016, Dell remains committed to
repaying a significant amount of debt through the end of fiscal
year 2019, at which time gross leverage will decrease to about 4x
(including 82% of VMware EBITDA and debt). Moody's had originally
expected adjusted debt to EBITDA to decrease to 4x by the end of
fiscal year 2018, so Moody's anticipates that the de-leveraging
timetable has essentially been delayed by one year. While debt
reduction has remained largely on track to date (adjusted for the
possibility of additional asset sales and higher than expected cash
balances, set aside to repay maturing debt in fiscal year 2019),
profitability has been hampered by 1) higher component costs
(especially DRAM and SSD pricing), 2) relatively weak performance
of the EMC storage business, which is down about mid-single digits
on a year over year basis since the merger, 3) slower than expected
realization of cost synergies given re-investments (e.g., global
sales channel expansion and R&D investments in emerging products)
into the business to support revenue growth and share gains in the
PC and server markets. Moody's expects operating performance to
stabilize as Dell adjusts pricing to partially mitigate higher
component costs, further integrates its combined Dell EMC sales
force, introduces new product lines, and achieves net cost
synergies of at least $2 billion (original target at the time of
the merger) by the end of fiscal year 2019.

A key underpinning for the Ba1 rating remains Michael Dell's
commitment to repay debt. Moody's expects that Dell will pay down
total debt of $10 billion in fiscal years 2018 and 2019 through a
combination of cash flow generation and the use of cash on its
balance sheet. So long as the commitment and ability to repay debt
remains intact, this will afford Dell some time to restore profit
growth in a challenging hardware environment amidst a sizable
integration effort. Even assuming only a modest rebound in
operating performance, Moody's expects Dell to generate substantial
operating cash flow (excluding VMware) in the next fiscal year (of
more than $5.5 billion), supported by flat to low single digit
revenue growth.

Dell's overall credit profile is supported by significant size and
scale as the largest privately-controlled technology company in the
world with projected annual revenues of more than $75 billion.
While the personal computer (PC) industry will likely continue to
see declining shipment volumes over the next several quarters,
Moody's expects Dell to continue to gain market share as one of the
3 leading PC makers. Moody's anticipates modest server growth with
stabilization of EMC's storage businesses as enterprises continue
to build private cloud capacity in the data center.

There is also significant key man risk associated with Michael
Dell's majority stake, the possibility of increasing ownership in
VMware, elevated share buybacks of the tracking stock, and the long
term potential exit of Silver Lake, which may lead to another
levering event. Potential event risk could also arise if Dell is
unable to achieve sustained revenue growth in light of the
challenged PC and storage industry and rapidly evolving technology
landscape. Uncertainty over whether the strategic shift to higher
margin enterprise solutions can be achieved organically will remain
a rating constraint.

The stable outlook is based on Moody's expectation that Dell will
preserve its solid liquidity profile while generating flat to low
single digit revenue growth while improving profit margins through
pricing adjustments, stabilization of the enterprise storage
business, and cost savings. Moody's expects that most of the
targeted cost synergies of $2 billion will be achieved over the
next 12 to 18 months with free cash flow to be used primarily for
debt repayment.

Moody's could upgrade Dell's ratings if the company were to show
sustained annual revenue growth of at least mid-single digits, high
single digit adjusted operating margins, and gross debt to EBITDA
in the mid 2 times range. In addition, financial policies will need
to be very conservative with the risk of a significant levering
event considered remote. The rating could be lowered with sustained
erosion of market share, reported adjusted operating profit margins
lower than 3%, or revenue declines from a contraction of the PC,
server, and storage markets. Also, any indications of a change in
Dell's financial policies, such that gross debt to EBITDA remains
above 4.5 times by the end of fiscal year 2019 could also pressure
the rating down.

Affirmations:

Issuer: Dell Inc.

-- Probability of Default Rating, Affirmed Ba1-PD

-- Speculative Grade Liquidity Rating, Affirmed SGL-1

-- Corporate Family Rating, Affirmed Ba1

-- Senior Unsecured Regular Bond/Debentures, Affirmed Ba2 (LGD6)

Issuer: Dell International LLC

-- Senior Secured Bank Credit Facilities, Affirmed Baa3 (LGD3)

Issuer: Diamond 1 Finance Corporation (debts assumed by: Dell
International LLC & EMC Corporation as Co-issuers)

-- Senior Secured Regular Bond/Debentures, Affirmed Baa3 (LGD3)

-- Senior Unsecured Regular Bond/Debentures, Affirmed Ba2 (LGD5)

Issuer: EMC Corporation

-- Senior Unsecured Regular Bond/Debentures, Affirmed Ba2 (LGD6)

Outlook Actions:

Issuer: Dell Inc.

-- Outlook, Remains Stable

Issuer: Dell International LLC

-- Outlook, Remains Stable

The principal methodology used in these ratings was Diversified
Technology Rating Methodology published in December 2015.

Dell Inc. is one of the world's leading providers of personal
computers, servers, enterprise storage, and related devices.


DUNDEE ENERGY: Files Notice of Intention to Make BIA Proposal
-------------------------------------------------------------
Dundee Energy Limited (DEN) on Aug. 15, 2017, disclosed that Dundee
Oil and Gas Limited ("DOGL") and Dundee Energy Limited Partnership
("DELP") (each a wholly owned entity of the Corporation) have
commenced reorganization proceedings by filing a notice of
intention to make a proposal under the Bankruptcy and Insolvency
Act (the "BIA").  The reorganization proceedings have been
commenced in response to the notice received on July 21, 2017 from
the lenders under the amended and restated credit agreement dated
July 31, 2012, as amended (the "Credit Agreement"), demanding
repayment in full of the outstanding principal amount under the
Credit Agreement (including all accrued and unpaid interest and
expenses payable under the Credit Agreement).  The lenders under
the Credit Agreement have entered into a forbearance agreement and
are supporting DOGL and DELP in the reorganization proceedings.
DOGL and DELP are expected to request certain relief under the BIA
from the Ontario Superior Court at a motion to be held in Toronto
on August 16, 2017.

As a result of the filing of proposal proceedings under the BIA,
the Toronto Stock Exchange has advised that trading in the common
shares of the Corporation will be suspended immediately.

Dundee Energy Limited -- http://www.dundee-energy.com/-- is a
Canadian-based oil and natural gas Corporation with a mandate to
create long-term value for its shareholders through the
exploration, development, production and marketing of oil and
natural gas, and through other high impact energy projects.  Dundee
Energy holds interests, both directly and indirectly, in the
largest accumulation of producing oil and gas assets in Ontario
and, through a preferred share investment, in certain exploration
and evaluation programs for oil and natural gas offshore Tunisia.
Dundee Energy's common shares trade on the Toronto Stock Exchange
under the symbol "DEN".


DUNDEE ENERGY: TSX to Delist Common Shares on Sept. 11
------------------------------------------------------
Dundee Energy Limited on Aug. 11, 2017, disclosed that it has been
notified by the Toronto Stock Exchange ("TSX") that as a result of
the delisting review conducted by the TSX, the common shares of the
Corporation will be delisted from the TSX at the open of trading on
Sept. 11, 2017.

The Corporation is investigating its qualifications to list its
common shares on another Canadian stock exchange, however, there
can be no assurance that the Corporation will be successful in
securing a listing on another Canadian stock exchange.

                       About Dundee Energy

Dundee Energy Limited is a Canadian-based oil and natural gas
Corporation with a mandate to create long-term value for its
shareholders through the exploration, development, production and
marketing of oil and natural gas, and through other high impact
energy projects.  Dundee Energy holds interests, both directly and
indirectly, in the largest accumulation of producing oil and gas
assets in Ontario and, through a preferred share investment, in
certain exploration and evaluation programs for oil and natural gas
offshore Tunisia.  Dundee Energy's common shares trade on the
Toronto Stock Exchange under the symbol "DEN".


DVR LLC: Trustee Selling 10,000 Acres in New Mexico for $4.8M
-------------------------------------------------------------
Joli A. Lofstedt, the Chapter 11 trustee of DVR, LLC, asks the U.S.
Bankruptcy Court for the District of Colorado to authorize the sale
of approximately 10,254.44 deeded acres, including an Agricultural
Lease agreement and Parcel A, to Sidney Strebeck or his assigns for
$4,750,000, subject to overbid.

DVR owned real property consisting of approximately 10,254.44 acres
of dry pasture land located in Quay and Harding Counties, New
Mexico (5,187.92 acres on the north side of the Ute Reservoir and
5,066.52 acres on the south side of Ute Reservoir), along with
12,385.5 acres of dry pasture land owned by the State of New Mexico
and leased pursuant to an Agricultural Lease agreement between the
State of New Mexico as lessor and DVR as lessee ("DVR Property").

On Jan. 17, 2017, the DVR Trustee filed her Motion to Employ Real
Estate Broker, Scott Land Co., LLC, as real estate broker to sell
the DVR Property with an initial listing price of $5.5 million.  On
Feb. 13, 2017, the Court entered its Order authorizing DVR Trustee
to employ the Broker.

On July 19, 2017, the DVR Trustee entered into a Purchase Agreement
– Farm and Ranch – 2017, dated July 17, 2017 ("Initial
Contract"), with Strebeck or his assigns, pursuant to which Trustee
agreed to sell the DVR Property to Strebeck for $4,750,000, subject
to overbids at an auction.  The DVR Trustee is proposing that
$4,750,000 be the initial bid for the Real Property.  The closing
of the sale contemplated by the Initial Contract is expected to
occur no later than Sept. 15, 2017.

On July 21, 2017, the DVR Trustee filed the Bidding Procedures
Motion asking authority to, among other things, sell the Real
Property, pursuant to the terms of the Initial Contract to Strebeck
at the Stalking Horse Bid price or, in the event of overbids, to
the bidder making the highest and best overbid, as determined by
DVR Trustee in her sole discretion.

Subsequent to the date of the Initial Contract, the DVR Trustee
learned that Parcel A, 730-acre parcel of property that was
included in the legal description attached to the Contract is
titled to Ute Lake Ranch, Inc. ("ULR").  Parcel A consists of 730
acres of vacant pasture land adjacent to and intertwined within the
DVR Property.  The DVR Trustee and the ULR Trustee have agreed,
subject to the Court's approval, to sell Parcel A to the Successful
Bidder.  Strebeck has consented to this sale structure and an
amendment to the Contract, providing for the sale of Parcel A by
the ULR Trustee as seller ("Amended Contract"). As set forth, a
portion of the purchase price will be allocated to the sale of
Parcel A.

The salient terms of the Contract are:

           a. Property to be Sold: The Real Property to be sold
includes 10,254.44 deeded acres, more or less, owned by DVR.  The
Real Property also includes an Agricultural Lease agreement between
the Commissioner of Public Lands, New Mexico State Land Office,
State of New Mexico, as lessor, and DVR, as lessee, dated Oct. 1,
2012, identified as Lease No. GS2136 ("New Mexico Lease") by which
DVR leases 12,385.5 acres, more or less, of dry pasture land owned
by the State of New Mexico.  In addition, pursuant to the Amended
Contract, the sale will include Parcel A, owned by ULR.

           b. Oil and Gas Excluded: The Real Property to be sold
does not include any of DVR's or ULR's right, title and interest in
any oil, gas and other mineral rights which are appurtenant to the
Real Property.  The Oil and Gas Interests, if any, will be sold
separately by the DVR Trustee and the ULR Trustee, as applicable.

           c. Purchase Price: The proposed purchase price for the
Real Property, along with Parcel A, is $4,750,000.

           d. Warranties: The Real Property will be sold in its "as
is, where is" physical condition.

           e. Closing Date: The closing date will be no later than
Sept. 15, 2017, or such other time as the parties would mutually
agree.

           f. Bankruptcy Court Approval: The Contract is subject to
the Bidding Procedures Motion and Bankruptcy Court approval.

The salient terms of the Bidding Procedures are:

           a. Stalking Horse Bid/Qualified Bids: $4,750,000

           b. Bid Deadline: Aug. 16, 2017

           c. Auction: Aug. 22, 2017, at a place and time
determined by DVR Trustee

           d. Qualified Bids/Earnest Money Deposit: $200,000

           e. Initial Overbid: At least $150,000 more than the
Stalking Horse Bid

           f. Bid Deposit/Credit Bid: The Successful Bidder will be
entitled to a credit against the Purchase Price in the amount of
its bid deposit.

           g. Break-Up Fee and Expense Reimbursement:  (i) Break-Up
fee in the amount of $100,000, and (ii) Expense Reimbursement not
to exceed $50,000

           h. Closing: Sept. 15, 2017

           i. Auction; Bidding Procedures: The DVR Trustee is
continuing to market the Real Property and will conduct the Auction
if other parties have pre-qualified to bid at the Auction.

A copy of the Contract and the Bidding Procedures attached to the
Motion is available for free at;

       http://bankrupt.com/misc/DVR_LLC_135_Sales.pdf

The proposed sale includes the sale of Parcel A, which consists of
approximately 730 acres titled to ULR.  The ULR Trustee is the
seller of Parcel A.  The Trustee and the ULR Trustee have agreed as
to Parcel A as follows:

           a. Value of ULR Parcel: The value of Parcel A will be
determined based on the following formula: total purchase price
minus value of property subject to New Mexico Lease equals value of
deeded land ($4,750,000 – $619,275 (12,385 acres x $50 =
$619,275)).  Value of deeded land ($4,130,725) divided by total
deeded acres (10,254.44) equals per acre value ($403/acre).  Per
acre value multiplied by 730 acres equals value of Parcel A ($403 x
730 = $294,061). Based on this formula, the value of Parcel A is
$294,061.

           b. Application of Sale Proceeds:

                      (i) In the event that the Purchase Price is
$4,750,000, at closing $294,061 will be paid from the gross
proceeds of sale as follows: (a) application of $244,061 in partial
satisfaction by ULR of the Strebeck Claim; and (b) $50,000 to the
ULR estate.

                      (ii) In the event of an Auction and an
increased purchase price above $4,750,000, the formula above will
be modified to provide for the increased value of the deeded land
based on the increased purchase price and net of the Breakup fee
and Expense Reimbursement.  The net increased value will be applied
to determine the resulting increase to the per acre value.  The
increased per acre value will be multiplied by 730 acres to
determine the value of Parcel A.  At closing, the value of Parcel A
will be paid from the proceeds of sale as follows: (i) application
of $244,061 in partial satisfaction by ULR of the Strebeck Claim;
and (ii) the remainder to the ULR estate.

The DVR Trustee and the ULR Trustee are proposing to sell the Real
Property to the Successful Bidder free and clear of all Interests.

These parties may assert an interest in the Real Property, based on
proofs of claim field in these bankruptcy cases:

     DVR Claim No.  ULR Claim No.         Creditor          Claim
Amount         Notes

          1              3         SIM Colorado Holdings     
$361,443      Receivers Certificate

          6              6         The Phillips Family       
$388,148      Receivers Certificate
                                        Partnership

         16             42            Bruce W. Hamon         
$27,083       Receivers Certificate

         33              8           CBI Holdings, LLC      
$1,121,101     Receivers Certificate

         30             20         Sidney Strebeck and       
$576,641      Assignee of note from
                                    Strebeck Ranches               
        Farmers & Stockman's Bank

         26             10            New Lake, LLC         
$2,529,713     Assignee of note from First
                                                                   
         National Bank of New
                                                                   
             Mexico

The DVR Trustee asks authority to assume the New Mexico Lease and
assign the New Mexico Lease to the Successful Bidder.  The term of
the New Mexico Lease expires on Sept. 30, 2017.  On Aug. 1, 2017,
the DVR Trustee submitted documents to the State of New Mexico Land
Office to request renewal of the New Mexico Lease for the period of
Oct. 1, 2017 to Sept. 30, 2022.  Closing of the sale is conditioned
on renewal of the New Mexico Lease.

The DVR Trustee also asks authority to pay the following from the
proceeds of sale: (i) customary closing costs, including costs for
a title commitment, recording fees and title company services; (ii)
any real property taxes and assessments required to be paid by the
DVR Trustee pursuant to the Contract; and (iii) a 6% commission on
the Purchase Price to the Broker.

The DVR Trustee asks a hearing be set on the Sale Motion during the
week beginning Aug. 28, 2017.  The sale of the Real Property to the
Successful Bidder is contingent on Court approval of the Sale
Motion.  If there are objections to the Sale Motion, Trustee and
the Successful Bidder will cooperate to present evidence at the
Sale Hearing in support of the Sale Motion.

In order to consummate the sale of the Real Property shortly after
Court approval, the DVR Trustee asks that the Court suspends the
operation of the 14-day stay under Fed. R. Bankr. P. 6004(h) and
6006(d).

The Purchaser:

           Sidney Strebeck
           P.O. Box 1676
           Clous, NM 88102
           Cellphone: (575) 749-2033
           Telephone: (575) 935-7571
           Facsimile: (575) 935-7572
           E-mail: sidstrebeck@hotmail.com

Counsel for ULR Trustee:

           Philip A. Pearlman, Esq.
           SPENCER FANE LLP
           1700 Lincoln Street, Suite 2000
           Denver, CO 80203
           Telephone: (303) 839-3800
           Facsimile: (303) 839-3838
           E-mail: ppearlman@spencerfane.com

                          About DVR LLC

DVR, LLC is a Colorado limited liability company formed in 1999 for
the purpose of acquiring and developing certain real property
bordering Ute Lake in Quay and Harding Counties, New Mexico.

DVR, LLC, based in Englewood, Colo., filed a Chapter 11 petition
(Bankr. D. Colo. Case No. 16-17064) on July 18, 2016.  The
petition
was signed by Edward B. Cordes, authorized representative.
The Hon. Joseph G. Rosania Jr. presides over the case.  Matthew T.
Faga, Esq., and James T. Markus, Esq., at Markus Williams Young &
Zimmerman LLC serve as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.

On September 23, 2016, the court approved the appointment of Joli
A. Lofstedt, as Chapter 11 trustee for the Debtor.  The trustee
hired Onsager, Guyerson, Fletcher, Johnson as legal counsel, and
Dennis & Company PC as accountant.

On Feb. 13, 2017, the Court appointed Scott Land Company, LLC as
the Trustee's Broker.


ECLIPSE AVIATION: 3rd Cir. Tosses Class Suit over Abrupt Layoffs
----------------------------------------------------------------
In the case captioned In re: AE LIQUIDATION, INC., ET AL, Debtors.
ANNETTE VARELA, on behalf of herself and all others similarly
situated; JOHN J. DIMURA, on behalf of himself and all others
similarly situated, Appellants, v. AE LIQUIDATION, INC., ET AL,
f/k/a ECLIPSE AVIATION CORPORATION, No. 16-2203(3d. Cir.), Judge
Cheryl Ann Krause of the U.S. Court of Appeals for the Third
Circuit upheld the judgment of the District Court affirming a
bankruptcy court decision.

This case arises from the bankruptcy and subsequent closing of a
jet aircraft manufacturer.  Eclipse's employees filed the class
action complaint that gave rise to this appeal -- an adversary
proceeding in the Bankruptcy Court alleging that Eclipse's failure
to give them 60 days' notice prior to the layoff violated the
Worker Adjustment and Retraining Notification Act ("WARN Act").
After discovery, the employees moved for partial summary judgment,
asserting that Eclipse could invoke neither the Act's "faltering
company" exception, nor its "unforeseeable business circumstances"
exception to excuse its lack of notice, and Eclipse filed a
cross-motion for summary judgment, contending that the
"unforeseeable business circumstances" exception barred WARN Act
liability.  The Bankruptcy Court agreed with Eclipse and granted
summary judgment in its favor.  The District Court affirmed on
appeal, and the matter was elevated to the Third Circuit.

The Third Circuit is required to assess that manufacturer's
obligation under the WARN Act, to give fair warning to its
employees before effecting a mass layoff.  On appeal, it is asked
to determine whether a business must notify its employees of a
pending layoff once the layoff becomes probable -- that is, more
likely than not -- or if the mere foreseeable possibility that a
layoff may occur is enough to trigger the WARN Act's notice
requirements.

The Appellants contend that Eclipse has not met its burden of
demonstrating that the unforeseeable business circumstances
exception applies for three reasons.  The argue, as a threshold
matter, that Eclipse is ineligible for the exception because, even
after the fact, it never provided its employees with proper notice
of their termination.  They also contend that Eclipse cannot show
that the purported unforeseeable business circumstance -- its
failure to close its proposed sale to European Technology and
Investment Research Center ("ETIRC") -- was, in fact, the cause of
the mass layoff.  They further assert that, even if the failure to
close the sale was the cause of the layoff, the exception still
would not apply because the failure to close was not
"unforeseeable" but rather could have been anticipated at many
points in the 60-day window prior to the layoff.

The Appeals Court perceives no deficiency in Eclipse's notice and
perceives no dispute of material fact as to whether the notice's
contents or method of delivery violated the WARN Act.  To the
question of whether Eclipse may excuse its failure to provide
notice at an earlier date by relying on the unforeseeable business
circumstances defense, the Court finds that the record supports the
presumption that Eclipse's employees would have retained their jobs
had the sale been finalized.  The District Court thus did not err
in concluding as a matter of law that the failure to obtain
financing for that sale was the cause of the layoff.

The Appeals Court explains that companies in financial distress
will frequently be forced to make difficult choices on how best to
proceed, and those decisions will almost always involve the
possibility of layoffs if they do not pan out exactly as planned.
When the possibility of a layoff -- while present -- is not the
more likely outcome, any premature warning has the potential to
accelerate a company's demise and necessitate layoffs that
otherwise may have been avoided.  Thus, the Court joins the many
courts that have held this is not the burden the WARN Act was meant
to impose and that a layoff becomes reasonably foreseeable only
when it becomes more likely than not that it will occur.

Because the Appeals Court concludes that a probability of layoffs
is necessary, and the manufacturer has demonstrated that its
closing was not probable until the day that it occurred, it cannot
be held liable for its failure to give its employees requisite
notice.  Accordingly, the Court affirmed the judgment of the
District Court, which in turn affirmed the judgment of the
Bankruptcy Court.

A full-text copy of the Court's Aug. 4, 2017 Opinion is available
at https://is.gd/ujW32i from Leagle.com.

Christopher D. Loizides, Loizides, 1225 King Street, Suite 800,
Wilmington, DE 19801. Jack A. Raisner -- jar@outtengolden.com --
(Argued), Rene S. Roupinian -- RSR@outtengolden.com -- Outten &
Golden, 685 Third Avenue, 25th Floor, New York, NY 10017, Counsel
for Appellants.

Mark E. Felger -- mfelger@cozen.com -- Barry M. Klayman --
bklayman@cozen.com -- (Argued), Cozen O'Connor, 1201 North Market
Street, Suite 1001, Wilmington, DE 1801, Counsel for Appellee.

                About Eclipse Aviation

Albuquerque, New Mexico-based Eclipse Aviation Corporation --
http://www.eclipseaviation.com/-- manufactured six-passenger   
planes powered by two Pratt & Whitney turbofan engines.  The
Company and Eclipse IRB Sunport, LLC sought chapter 11
protection (Bankr. D. Del. Case No. 08-13031) on Nov. 25, 2008,
represented by lawyers at Allen & Overy LLP, and estimating
assets of less than $500 $500 million and debts of more than
$1 billion.

The Debtor sought to sell all of its assets pursuant to proposed
bid procedures.  The Court approved the bid procedures, with
substantial modification, on Dec. 23, 2008.  On Jan. 15, 2009,
Over and Out, Inc., and other customers, commenced an adversary
proceeding (Bankr. D. Del. Adv. Pro. No. 09-50029) asserting that
the Debtor breached its Aircraft Deposit Agreements, converted
their deposits, and breached its fiduciary duty.  On Jan. 23,
2009, the Court entered an order authorizing the sale of
substantially all of the Debtor's assets to EclipseJet Aviation
International, Inc., finding it had presented the highest and best
offer.  In conjunction with that sale, the Court directed that
$3.2 million of the sale proceeds be set held in escrow pending
resolution of the adversary proceeding.  Despite approval, the
sale to EclipseJet was never consummated.

As a result, on Mar. 5, 2009, the case was converted to a chapter
7 liquidation proceeding and Jeoffrey L. Burtch was appointed
trustee.  The Trustee renewed efforts to sell the Debtor's assets.
On Aug. 28, 2009, the Court authorized the Trustee to sell the
Debtor's assets to Eclipse Aerospace, Inc., for $20 million in
cash and a $20 million note.  Once again, as a result of the
Customers' objection to the sale, the Court directed that $3.2
million of the sale proceeds be set aside pending resolution of
the adversary proceeding.  The sale to Eclipse Aerospace, Inc.,
closed on Sept. 4, 2009.

Following the sale, the Debtors change their names to AE
Liquidation, Inc., for Eclipse Aviation Corporation) and EIRB
Liquidation, Inc., for Eclipse IRB Sunport, LLC).


ELECTRO RENT: Moody's Affirms B3 CFR & Caa2 2nd Lien Loan Rating
----------------------------------------------------------------
Moody's Investors Service affirmed Electro Rent Corporation's B3
Corporate Family Rating and Probability of Default Rating at B3-PD,
as well as Caa2 rating on its 2nd lien term loan. Concurrently,
Moody's upgraded Electro Rent's revolving credit facility and 1st
lien term loan to B2 from B3 following the company's $75 million
add-on to the existing $75 million 2nd lien term loan. Proceeds
from the add-on will be used to fund a special dividend and cover
related expenses. The ratings outlook is stable.

Moody's affirmed the Following Ratings:

- Corporate Family Rating at B3

- Probability of Default at B3-PD

- 2nd lien term loan at Caa2/LGD6

- Outlook is stable

Moody's upgraded the following Ratings:

- Revolving Credit Facility to B2/LGD3 from B3/LGD3

- 1st Lien Term Loan to B2/LGD3 from B3/LGD3

RATINGS RATIONALE

The upgrade of the revolver and first lien term loan is driven by
Moody's Loss Given Default methodology which reflects the increased
amount of junior debt in the capital structure after the $75
million add on the 2nd lien term loan.

The B3 CFR reflects Electro Rent's small size (approximately $300
million in pro-forma revenues) and Moody's expectation that top
line growth will remain in the low single digits as potential
customers used to purchasing testing measurement equipment are
hesitant to rent instead. The increase in leverage after the $75
million add-on to the second lien weakens the company in the rating
category, however Moody's expects leverage will improve to under
5.5 times in 2017 on a Moody's adjusted basis which is supportive
of the B3 rating level and in line with other similarly rated
rental companies. The ratings also consider Moody's expectations
for significant capital expenditures and meaningful customer
concentration.

Electro Rent's liquidity profile is considered to be adequate,
supported by an $85 million revolving credit facility and
expectations of positive free cash flow generation. Cash balances
remain minimal. The company has foreign assets that could be
monetized as first-tier foreign subsidiaries provide a 65% stock
pledge. The revolver and 1st lien term loan have a springing first
lien net leverage ratio of 5.0x when revolver borrowings exceed 35%
of the commitment. Moody's expects usage to be minimal and Electro
Rent to be in compliance with covenants. The 2nd lien term loan is
does not have any financial covenants

The stable rating outlook reflects Moody's view that revenue growth
will be slow and that the company's expected credit metrics
position it well in the rating.

The ratings could be downgraded if Moody's expects debt / EBITDA to
trend towards or increase above 6.0x, or EBITDA to Interest is
below 2.0x, particularly if free cash flow was anticipated to be
negative.

The ratings could be upgraded if Moody's debt / EBITDA improved to
under 3.75x and pretax income as a percentage of sales exceeded 7%
on a sustainable basis with ongoing positive revenue growth. Given
the company's small size relative to the market, strong performance
post Electro Rent and Microlease merger as evidenced by improving
EBITDA margins could support positive rating traction. However,
given the use of proceeds from the $75 million add-on is to fund a
special dividend, a ratings upgrade is not anticipated over the
next 12 to 18 months.

The principal methodology used in these ratings was Equipment and
Transportation Rental Industry published in April 2017.

Electro Rent Corporation, headquartered in Van Nuys, CA, is a
rental company specializing in test and measurement equipment
serving Aerospace and Defense, Telecom and Industrial/InfoTech end
markets in the U.S. and Europe. Microlease is a UK based test and
measurement equipment rental company with approximately $150mm in
revenue for fiscal year 2016 (ended in February). The companies
were bought by Platinum Equity. Pro-forma sales totaled
approximately $300 million.


FB COVENTRY: Hires Sinel Wilfand & Vinci as Experts & Accountants
-----------------------------------------------------------------
FB Coventry, LLC seeks authorization from the U.S. Bankruptcy Court
for the District of Rhode Island to employ Sinel, Wilfand & Vinci,
CPAs, Inc., as experts and accountants.

The Debtor requires Sinel Wilfand to:

     a. assist with preparation and/or review of cash flow and
related projections including advising as to post-filing
financing.

     b. assist the Debtor in reviewing and analyzing prospective
sale proposals and related services.

     c. assist with review and analysis of the Debtor's business
and its operations.

     d. assist with the preparation and review of Statement Of
Financial Activities (SOFA) and Schedules, including amending as
necessary.

     e. assist with records and record retention, but only as to
advice as to what records are necessary to retain should the Debtor
close, sell or move its business. No actual record review, moving
or storage is contemplated to be incurred by the Accountants.

     f. assist with preparation/review/analysis of Monthly
Operating Reports.

     g. assist with preparation and/or review of federal and state
income tax, payroll tax, meals tax and sales and use tax returns.

     h. assist in reviewing, reconciling, analyzing and, if
necessary, objecting to proofs of claim.

     i. assist in reviewing the Debtor books and records for
possible avoidable transactions such as preference and fraudulent
transfer claims including, but not limited to, under Bankruptcy
Code Sections 547 and 548.

     j. assist in valuation and insolvency analyses and other plan
or litigation issues and, if necessary, testimony.

     k. assist with plan development and preparation including
feasibility.

     l. report and respond to the Office of the United States
Trustee.

The Debtor has agreed to compensate Sinel Wilfand for its services
and reimburse Sinel Wilfand for its disbursements and expenses.
The Debtor has not paid a retainer to Sinel Wilfand and desires to
employ Sinel Wilfand on an hourly basis.

Wayne L. Wilfand, CPA, partner at Sinel, Wilfand & Vinci, CPAs,
Inc., assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtor and its
estates.

Sinel Wilfand may be reached at:

      Wayne L. Wilfand, CPA
      Sinel, Wilfand & Vinci, CPAs, Inc.
      1150 New London Avenue, Suite 130
      Cranston, RI 02910
      Tel: 401-463-8600
      Fax: 401-463-6277

                  About FB Coventry, LLC

FB Coventry, LLC d/b/a Fat Belly's filed a Chapter 11 bankruptcy
petition (Bankr. D.R.I. Case No. 17-10650) on April 24, 2017. The
Petition was signed by Scott Parker, manager. At the time of
filing, the Debtor had less than $50,000 in estimated assets and
$100,000 to $500,000 in estimated liabilities.

Peter M. Iascone, Esq., at Peter Iascone & Associates serves as
bankruptcy counsel.  The Debtor hired Irving Shechtman & Company,
Inc., as appraisers.


FB COVENTRY: Wants to Continue Using Cash Collateral Until Oct. 27
------------------------------------------------------------------
FB Coventry, LLC, asks the U.S. Bankruptcy Court for the District
of Rhode Island to allow it to continue using the cash collateral
of NextWave Enterprises, LLC; Rewards Network Establishment
Services, Inc.; Vend Lease Company; and Sysco Boston, LLC for an
additional 60 days, from Aug. 27, 2017 through Oct. 27, 2017 in
order to continue operations and maintain its workforce while it
proceeds to negotiate a plan.

The Debtor recounts that the Court has previously entered a Final
Order on June 7, 2017 authorizing the use of cash collateral.  On
July 10, 2017, the Court entered an Order allowing the Debtor to
the continued use of the Rewards Network's cash collateral through
Aug. 26, 2017, with certain bi-weekly adequate protection payments
to Rewards Network.  As such, the Debtor proposes to grant
replacement liens to Rewards Network to the extent and priority as
more fully set forth in the Final Order.

A full-text copy of the Debtor's Motion, dated Aug. 8, 2017, is
available at https://is.gd/QNrf78

                       About FB Coventry

FB Coventry, LLC, d/b/a Fat Belly's, filed a Chapter 11 bankruptcy
petition (Bankr. D.R.I. Case No. 17-10650) on April 24, 2017.  The
petition was signed by Scott Parker, manager.  At the time of
filing, the Debtor had less than $50,000 in estimated assets and
$100,000 to $500,000 in estimated liabilities.

Peter M. Iascone, Esq., at Peter Iascone & Associates, serves as
bankruptcy counsel. The Debtor employs Irving Shechtman & Company,
Inc., as appraisers.


FB MALL: Wants OK on Continued Cash Collateral Use Thru Oct. 27
---------------------------------------------------------------
FB Mall, LLC, asks the U.S. Bankruptcy Court for the District of
Rhode Island to allow the Debtor to continue using the cash
collateral of NextWave Enterprises, LLC; Rewards Network
Establishment Services, Inc.; Vend Lease Company; and Sysco Boston,
LLC for an additional 60 days, from Aug. 27, 2017 through Oct. 27,
2017, in order to continue operations and maintain its workforce
while it proceeds to negotiate a plan.

The Debtor recounts that the Court has previously entered a Final
Order on June 7, 2017 authorizing the use of cash collateral.  On
July 10, 2017, the Court entered an Order allowing the Debtor to
the continued use of the Rewards Network's cash collateral through
Aug. 26, 2017, with certain bi-weekly adequate protection payments
to Rewards Network.  As such, the Debtor proposes to grant
replacement liens to Rewards Network to the extent and priority as
more fully set forth in the Final Order.

A full-text copy of the Debtor's Motion, dated Aug. 8, 2017, is
available at https://is.gd/RDhduP

                          About FB Mall

Headquartered at Warwick, Rhode Island, FB Mall, LLC, filed a
petition under Chapter 11 of the Bankruptcy Code (Bankr. D.R.I.
Case No. 17-10601) on April 14, 2017.  The petition was signed by
Scott Parker, manager.  At the time of filing, the Debtor estimated
less than $50,000 in assets and $100,000 to $500,000 in
liabilities.

The Debtor's bankruptcy attorney is Peter M. Iascone, Esq., at
Peter Iascone & Associates.  Irving Shechtman & Company has been
tapped by the Debtor as appraisers.


FOSTER ENTERPRISES: Chu and Li Buying Covina Property for $1.1M
---------------------------------------------------------------
Foster Enterprises, Howard Foster, and Anna Foster ask the U.S.
Bankruptcy Court for the Central District of California to
authorize their private sale of the real property located at 20262
Dameral Drive, Covina, California, APN: 8277-021-013, to Simon Pei
En Chu and Min Li, as trustees of the Simon Chu & Min Li Living
Trust dated March 31, 2007, for $1,090,000; and their employment of
RE/MAX Realty 100 as the Foster Individuals' real estate broker.

In early June 2017, the Foster Individuals decided that they would
sell the Property and then purchase and move into a smaller, more
reasonably priced residence.  They enlisted the help of one of
their sons, Stanley Foster, to move that process forward, including
assisting them with engaging a broker to market and sell the
Property.  Stanley put them in touch with two potential brokers.
The first was the Monica Diaz Team, consisting of agents Monica
Diaz and Jay Campbell, affiliated with the brokerage firm Keller
Williams Covina.  The second was agent Jenny Xu of the brokerage
firm RE/MAX Realty 100.  After hearing what the potential brokers
had to say, the Foster Individuals decided to engage RE/MAX Realty
100 as their broker, with Ms. Xu as the listing agent.

On June 22, 2017, the Foster Individuals and the Broker entered
into the Listing Agreement, providing the Broker with the exclusive
right to market and sell the Property over the next six months at
the proposed listing price of $1,189,000.  Under the terms of the
Listing Agreement, the Foster Individuals agreed to pay 5.5% of the
purchase price of the Property in broker commissions, with a 2.5%
commission to the Broker for representing them as the seller's
agent and a 3.0% commission to a third-party broker for
representing the buyer as its agent.  However, if the Broker
represented both the Foster Individuals and the buyer in the sale,
the Foster Individuals agreed that the Broker would be entitled to
a 5% commission.

On July 5, the Broker was able to locate the Buyer who made an
all-cash offer to purchase the Property for $1,050,000.  The next
day, the Foster Individuals made a counteroffer for $1,130,000.  On
July 11 (i.e., one day after the petition date), the Buyer made a
counteroffer for $1,090,000, which the Foster Individuals accepted
the following day.

The salient terms of the Sale Agreement are:

   a. Property to Be Sold: Real property located at 20262 Dameral
Drive, Covina, California, APN: 8277-021-013

   b. Proposed Buyer: Simon Pei En Chu and Min Li, as trustees of
the Simon Chu & Min Li Living Trust dated March 31, 2007

   c. Proposed Purchase Price: $1,090,000

   d. Other Material Terms of Purchase Agreement: All cash; no
buyer contingencies; the Property to be sold in "as is" condition;
$3,500 credit to the Buyer for costs relating to termite repairs,
fumigation, and septic tank inspection and certification

   e. Proposed Broker: RE/MAX Realty 100 (Jenny Xu as agent
thereof)

   f. Proposed Broker Commission: $54,500 to RE/MAX Realty 100 (as
dual agent for both the Foster Individuals and the Buyer)

   g. Type of Section 363 Sale: Private sale, not subject to higher
and better bids

   h. Free-and-Clear Relief: The sale is proposed to be free and
clear of all alleged or asserted liens, claims, and interests in
the Property held by the Internal Revenue Service.

The Title Report indicates that the Property is encumbered by a
deed of trust in favor of the assignee-beneficiary U.S. Bank N.A.,
as successor trustee for Morgan Stanley Mortgage Loan Trust
2006-17XS, securing an indebtedness originally owed to the lender
SBMC Mortgage.  Such indebtedness represents the Foster
Individuals' home mortgage loan, for which they have been making
payments to the current servicer Specialized Loan Servicing and for
which the current outstanding balance is approximately $806,332.
Other than potential liens for annual and supplemental property
taxes, which the Foster Individuals estimate will not exceed
$2,770, the Title Report does not list any other liens against the
Property.

From the sale proceeds, upon the close of the sale, the Debtors
propose to (i) pay the applicable liens and costs of sale in the
estimated amount of $820,478; (ii) pay a commission to RE/MAX
Realty 100 in the amount of $54,500; and (iii) deposit an amount
not to exceed $175,000 from the remaining sale proceeds in a new,
segregated bank account on account of the Foster Individuals'
claimed homestead exemption.  The remaining sale proceeds after
Homestead Exemption is estimated to be $40,022.

Although their case was recently commenced, the Foster Individuals'
proposed sale of the Property is nevertheless appropriate as the
sale will allow them to improve their cash position, providing them
with flexibility while in chapter 11.  The Property, being their
principal residence, is not an income-producing property for the
estate.  And it is unlikely that they could turn the Property into
a profitable rental property that would generate rents exceeding
their mortgage payments (which are currently $5,522.23 each month).


Accordingly, the Debtors ask the Court to approve the relief
sought.

The Debtors ask the Court to waive the 14-day stay under Bankruptcy
Rule 6004(h).

                  About Foster Enterprises

Foster Enterprises is a trucking company in in Ontario, California.
The principal business address of the Company is 13610 S.
Archibald Avenue, Ontario, San Bernardino County, California.

Foster Enterprises sought Chapter 11 protection (Bankr. C.D. Cal.
Case No. 17-15749) on July 10, 2017.  The case is assigned to Judge
Scott C. Clarkson.

The Debtor estimated assets and liabilities at $1 million to $10
million.

The Debtor tapped Dean G Rallis, Jr., Esq., at Angin, Flewelling,
Rasmussen, Campbell & Trytten LLP as counsel.

The petition was signed by Jeffery Foster, general partner.

The Debtor can be reached at:

          FOSTER ENTERPRISES
          P.O. Box 4210
          Ontario, CA 91761


FOUNDATION HEALTHCARE: To Liquidate Assets to Pay Creditors
-----------------------------------------------------------
University General Hospital, LLC, and Foundation Healthcare, Inc.,
filed with the U.S. Bankruptcy Court for the Northern District of
Texas a disclosure statement dated Aug. 2, 2017, in support of the
Debtor's Chapter 11 plan of liquidation dated as of Aug. 2, 2017.

Class 5 General Unsecured Claims are impaired by the Plan.
Recovery is unknown.  Their pro rata share of all remaining
property of the Debtors after (a) payment of the DIP administrative
claim, allowed priority claims, and allowed secured claims in
Classes 1, 2 and 3 (solely as to the collateral applicable to the
class), and (b) payment of the Plan administrative funding.

The majority of the Debtors' assets were foreclosed upon prior to
the filing of the cases.  The Plan provides for the liquidation of
the Debtors' remaining assets, including the pursuit of causes of
action, and the distribution of the net proceeds to holders of
allowed claims.

The Plan proposed by the Debtors is a liquidating plan.  The Plan
will be funded, in large part, through liquidation of the Debtors'
assets, including pursuit of causes of action.

In summary, the primary assets as of the Petition Date are causes
of action, anticipated tax refunds, potentially a piece of real
estate, accounts receivable, and miscellaneous office equipment, as
well as a management fee buyout and management contract.  Other
assets of the Debtors were foreclosed upon by the prepetition
lenders pre-petition.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/txnb17-42571-82.pdf

               About Foundation Healthcare, Inc.

University General Hospital LLC is a 69-bed health care facility
located at 7501 Fannin Street, Suite 100 Houston, Texas.  Prior to
its closure in January 2017, University General Hospital offered a
full array of equipment and services including inpatient and
outpatient medical treatments and surgeries.

Foundation Healthcare Inc., a publicly traded Oklahoma corporation,
was in the business of owning and managing facilities which
operated in the surgical segment of the healthcare industry.  It
has ceased to conduct business operations and has no employees.
Foundation Healthcare currently only has a contracted interim Chief
Financial Officer and a contracted Chief Restructuring Officer, and
one part time assistant.

University General Hospital, doing business as Foundation Surgical
Hospital of Houston, and its affiliate Foundation Healthcare filed
Chapter 11 petitions (Bankr. N.D. Tex. Case Nos. 17-42570 and
17-42571) on June 21, 2017.  The petitions were signed by Richard
Zahn, manager.  The cases are jointly administered before Judge
Russell F. Nelms with Foundation Healthcare's case as the lead.

The Debtors are represented by Vickie L. Driver, Esq., at Husch
Blackwell LLP.  The Debtors hire Michael S. Miller of Ankura
Consulting Group, LLC, as chief restructuring officer.  The Debtors
employ Eide Bailly LLP, as accountant and Donlin, Recano & Company,
Inc., as their claims and noticing agent.

At the time of filing, University General disclosed $1 million to
$10 million in assets and $1 million to $50 million in liabilities.
Foundation Healthcare disclosed $1 million to $10 million in
assets and liabilities.

University General Hospital, Inc., sought bankruptcy protection
(Bankr. S.D. Tex. Case No. 15-31097).  The case was filed on Feb.
27, 2015.  Foundation HealthCare completed its acquisition of
University General Hospital in January 2016.  Foundation HealthCare
purchased the facility for $33 million in a court-approved sale.


FREE GOSPEL CHURCH: Hires Fairfax Realty as Real Estate Broker
--------------------------------------------------------------
The Free Gospel Church of the Apostles' Doctrine and F.G.
Development Corp., seek permission from the U.S. Bankruptcy Court
for the District of Maryland to employ Fairfax Realty, Inc., as
their real estate broker.

On June 9, 2015 , The Free Gospel Church of the Apostles' Doctrine
filed a voluntary petition under Chapter 11 in the United States
Bankruptcy Court for the District of Maryland. The Debtor is the
primary owner of five parcels of real estate situated at 4700
Marlboro Pike, Capitol Heights, MD; 4600 Southern Avenue, SE,
Washington, DC; 176 E. Davis Street, Culpepper, VA1; 5109 James
Madison Parkway, King George, VA; and 3631 Largo Road, Upper
Marlboro, MD.

On June 9, 2015, F.G. Development Corp. filed a voluntary petition
under Chapter 11 in the United States Bankruptcy Court for the
District of Maryland.  It is the primary owner of two parcels of
real estate situated at 4717 Marlboro Pike, Capitol Heights, MD and
4744 Marlboro Pike, Capitol Heights, MD.

Previously, both Debtors employed NAI The Michael Companies, Inc.
to serve as real estate broker respective to the sale of four of
five of Free Gospel's Properties and both of FG Development's
Properties.

NAI The Michael Companies, Inc. failed to successfully market those
Properties within the 12-month period.

On May 24, 2017, Free Gospel and FG Development entered into new
listing agreements with Fairfax Realty, Inc. to serve as real
estate broker, wherein the duties of the Broker are to sell the
five Free Gospel Properties and the two FG Development Properties.

In consideration of this service, the Broker collects the sum of 7%
of the total sale price.

Rodney Bennett, employed by Fairfax Realty, Inc., assured the Court
that the firm does not represent any interest adverse to the
Debtors and their estates.

Fairfax Realty can be reached at:

       Rodney Bennett
       Fairfax Realty, Inc.
       10210 Greenbelt Rd., Suite 120
       Lanham, MD 20706
       Phone: 301-794-9400

The Free Gospel Church of the Apostles' Doctrine and F.G.
Development Corporation filed Chapter 11 bankruptcy petition
(Bankr. Md. Lead Case No. 15-18209) on June 9, 2015.  Judge
Wendelin I Lipp presides over the case.


GANDER MOUNTAIN: Rejecting Executory Contracts and Leases
---------------------------------------------------------
Gander Mountain Co., and Overton's, Inc., ask the U.S. Bankruptcy
Court for the District of Minnesota to authorize them to reject
unexpired executory contract and unexpired non-real property
leases.

On May 4, 2017, the Court entered an Order, which among other
provisions, approved the Rejection Procedures for the rejection of
the Executory Contracts and unexpired non-real property leases in
the chapter 11 cases.  Pursuant to the Rejection Procedures, the
Debtors give notice of their intent to reject the Contracts listed
on Schedule A, effective as of the applicable effective date of the
rejection set forth on Schedule A.

A copy of the Schedule A attached to the Notice is available for
free at:

     http://bankrupt.com/misc/Gander_Mountain_1100_Sales.pdf

Any party wishing to object to the Debtors' proposed rejection of
Contracts must be filed no later than Aug. 25, 2017.

On Sept. 6, 2017, at 1:30 p.m. (PCT), the Court will hear any
timely filed Objections to the Rejection Notice.  Unless an
objection is timely filed, the Court may approve the rejection of
the Executory Contracts without hearing.

Pursuant to the terms of the Rejection Procedures, if the Debtors
have deposited monies with the Contract counterparty, as a security
deposit or otherwise, the Contract counterparty may not set off or
otherwise use such deposit without the prior authorization of the
Court.

Pursuant to the terms of the Rejection Procedures, for any claim a
Contract counterparty may assert against the Debtors as a result of
the rejection of the counterpartys' Contract, said counterparty
must submit a proof of claim for any damages arising from such
rejection no the later than (i) the deadline for filing proofs of
claim established by order of the Court in the Debtors' chapter 11
cases; and (ii) 30 days after the entry of the Rejection Order
authorizing the Debtors' rejection of Contract.

                      About Gander Mountain

Gander Mountain Company operates outdoor specialty stores
dedicated
for shooting sports, hunting, fishing, camping, marine, apparel,
footwear, and outdoor lifestyle products.  Its subsidiary
Overton's, Inc., is a catalog and internet retailer of products
for
the recreational boater and other water sports enthusiasts at
http://www.Overtons.com/       

Gander Mountain and Overton's Inc. sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Minn. Case Nos. 17-30673 and
17-30675) on March 10, 2017.  The cases are jointly administered
under Case No. 17-30673.  The petitions were signed by Timothy
Becker, Executive VP of Lighthouse Management Group, Inc., as CRO.


The cases are assigned to Judge Michael E. Ridgway.

At the time of the filing, the Debtor estimated its assets and
debts at $500 million to $1 billion.  

The Debtors' advisors in the restructuring are Fredrikson & Byron,
PA, which serves as legal counsel; Lighthouse Management Group,
chief restructuring officer; Hilco Real Estate LLC, real estate
advisor; and Faegre Baker Daniels LLP, special corporate counsel.
Donlin, Recano & Company Inc. is the Debtors' claims, noticing and
balloting agent.  Houlihan Lokey Capital Inc. serves as the
Debtors' Investment Banker.

On March 13, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  The committee members
are: (1) Ellett Brothers; (2) Carhartt, Inc.; (3) Smith & Wesson
Corp; (4) Pure Fishing, Inc.; (5) Benelli USA; (6) Vista Outdoor
Sales, LLC; (7) National Retail Properties, Inc.; (8) Liberty Safe
and Security Products, Inc.; and (9) DDR Corp.  

The Committee retained Jeffrey Cohen, Esq. at Lowenstein Sandler
LLP as its counsel and Connie Lahn, Esq., Christopher Knapp, Esq.
and Roger Maldonado, Esq. at Barnes & Thornburg LLP as co-counsel.


GLOWPOINT INC: Decline in Revenues Raise Going Concern Doubt
------------------------------------------------------------
Glowpoint, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $590,000 on $3.86 million of revenue for
the three months ended June 30, 2017, compared with a net loss of
$605,000 on $5.09 million of revenue for the same period in 2016.


For the six months ended June 30, 2017, the Company listed a net
loss of $1.26 million on $7.94 million of revenue, compared to a
net loss of $1.32 million on $10.61 million of revenue for the same
period in the prior year.

The Company's balance sheet at June 30, 2017, showed $15.61 million
in total assets, $12.68 million in total liabilities, and a
stockholders' equity of $2.93 million.

As of June 30, 2017, the Company had $1,097,000 of cash and a
working capital deficit of $8,667,000.  The Company's cash balance
as of June 30, 2017 includes restricted cash of $18,000.  For the
six months ended June 30, 2017, the Company incurred a net loss of
$1,258,000 and generated net cash provided by operating activities
of $29,000.  The Company generated cash flow from operations even
though the Company incurred a net loss as its net loss includes
non-cash operating expenses that are added back to the Company's
cash flow from operations.  A substantial portion of the Company's
cash flow from operations has been dedicated to the payment of
interest on its indebtedness, thereby reducing the Company's
ability to use its cash flow to fund its operations, capital
expenditures and investments in sales and marketing.  For the six
months ended June 30, 2017 and 2016, the Company's cash flow from
operations was reduced by $542,000 and $563,000, respectively, for
interest payments on its indebtedness.

On July 31, 2017, the Company completed a recapitalization of its
existing debt obligations.  As a result of the Debt
Recapitalization, the Company eliminated $9,362,000 of debt and
accrued interest obligations and improved its working capital
position as of July 31, 2017.  After completion of the Debt
Recapitalization, the Company's cash position was approximately
$1,270,000 as of July 31, 2017.  The Company anticipates continued
declines in its revenue and reduced cash flow from operations that
will require additional capital to fund investments in product
development, sales and marketing expenses and capital expenditures
to reverse its revenue trends.  Therefore, the Company plans to
raise capital in one or more offerings.  There can be no assurance
the Company will succeed in raising necessary capital or that any
such offering will be on terms acceptable to the Company.  If the
Company cannot raise additional capital on terms acceptable to
them, it could have a material adverse effect on the Company.
These factors 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:

                        https://is.gd/fmrjkg

Glowpoint, Inc., provides managed services for video collaboration
and network applications in the United States.  It serves Fortune
1000 companies, and small and medium enterprises in various
industries through a direct sales force and indirect sales
channels.  Glowpoint, Inc., was founded in 1991 and is
headquartered in Denver, Colorado.


GOOD FIGHT: Whitney Bank to Get $320.31 in 59Monthly Installments
------------------------------------------------------------------
Good Fight of Faith Assembly, Inc., filed with the U.S. Bankruptcy
Court for the Western District of Louisiana a disclosure statement
dated Aug. 2, 2017, referring to the Debtor's plan of
reorganization dated Aug. 2, 2017.

Payments and distributions under the Plan will be funded by future
contributions by church members.

The Class 1 Secured claim of Whitney Bank is impaired by the Plan.
The Bank will have a secured claim in the amount of $27,586.85 to
be paid with interest at the rate of 7% in 59 monthly installments
of $320.31 each followed by one final payment of $16,270.49 (or
such amount as may be necessary to pay the claim in full on that
date).

The Bank is over-secured and will be entitled to recover all fees
and costs (including attorney's fees and costs) incurred in the
Chapter 11 proceedings.

A copy of the Disclosure Statement is available at:

          http://bankrupt.com/misc/lawb16-81296-47.pdf

               About Good Fight of Faith Assembly

Founded in 2001, Good Fight of Faith Assembly is a small
organization in the religious organizations industry located in
Alexandria, Louisiana.  Good Fight of Faith Assembly, Inc., filed a
Chapter 11 bankruptcy petition (Bankr. W.D. La. Case No. 16-81296)
on Nov. 30, 2016, listing under $1 million in both assets and
liabilities.  The Debtor is represented by L. Laramie Henry, Esq.,
as counsel.  The Debtor has approximately two full time employees
and generates an estimated $53,713 in annual revenue at the time of
the bankruptcy filing.


HAIRLAND CORP: Court Okays Disclosures, Confirms Plan
-----------------------------------------------------
The Hon. Enrique S. Lamoutte Inclan of the U.S. Bankruptcy Court
for the District of Puerto Rico has approved Hairland Corporation's
disclosure statement dated June 27, 2017, and confirmed the
Debtor's plan of reorganization dated June 27, 2017.

As reported by the Troubled Company Reporter on July 12, 2017, the
Debtor filed a plan dated June 27, 2017, proposing that unsecured
creditors be paid 3% of their claims under the Debtor's proposed
plan to exit Chapter 11 protection.

                   About Hairland Corporation

Headquartered at San Juan, Puerto Rico, Hairland Corporation
manages a barbershop.  The Debtor filed a petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D.P.R. Case No. 17-00286)
on Jan. 23, 2017.  The Debtor is represented by Emily Darice Davila
Rivera, Esq., at the Law Office of Emily D. Davila Rivera.


HEALTH DIAGNOSTIC: Court Narrows Claims in Suit vs Mallory, Et Al.
------------------------------------------------------------------
In the adversary proceeding captioned RICHARD ARROWSMITH, as
Liquidating Trustee of the HDL Liquidating Trust, Plaintiff, v.
LATONYA S. MALLORY, et al., Defendants, Case No. 15-32919 (Bankr.
E.D. Va.), various individual Defendants and groups of Defendants
filed 13 motions seeking to dismiss the Complaint of Richard
Arrowsmith in his capacity as Liquidating Trustee of the HDL
Liquidating Trust.

The issues presented by the Motions to Dismiss are whether the
Liquidating Trustee's lengthy Complaint (i) provides fair notice of
the claims being brought against each of the 103 named Defendants,
(ii) pleads fraud with sufficient particularity, (iii) states
sufficient facts to present plausible claims for which relief can
be granted, and (iv) complies generally with the Bankruptcy Rules.

The Court examined each count in the Complaint. While the Complaint
may be complex and lengthy, the Court finds that the Liquidating
Trustee has clearly described the conduct of each different
Defendant against whom he seeks relief. Overall, the Complaint
provides a very detailed factual recitation. Every count clearly
and adequately presents the causes of action asserted. The
Complaint describes the alleged conspiracy in its first 39
paragraphs. The Complaint lays out the Illegal Business Practices
that are alleged to have been improper. The Complaint describes how
the U.S. Department of Justice investigation, the alleged
self-dealing and the alleged fraudulent transfers led to the
financial demise of HDL. Many individuals are alleged to have been
involved in the implementation of HDL's Illegal Business
Practices.

Upon deliberation, Judge Kevin R. Huennekens of the U.S. Bankruptcy
Court for the Eastern District of Virginia denied the Motions to
Dismiss in part and granted the Motions to Dismiss in part.

The Court finds that the Complaint complies with the pleading
requirements set forth in the Bankruptcy Rules. "The Liquidating
Trustee has stated plausible causes of action for all of the counts
set forth in the Complaint except Counts 62, 63, and 64. The
Motions to Dismiss Counts 62, 63, and 64 will be granted," the
Court opines. Additionally, the Court will dismiss the claims
asserted on behalf of the Assigning Creditors that are not
identified in the Complaint in Counts 67 through 73. The Court will
grant the Liquidating Trustee leave to amend his Complaint and
include the identity of the unidentified Assigning Creditors. The
Court will deny the Motions to Dismiss as to all other claims and
Counts.

A full-text copy of Judge Huennekens' Memorandum Opinion dated
August 9, 2017, is available at https://is.gd/kAnuhg from
Leagle.com

Richard Arrowsmith, Liquidating Trustee, Plaintiff, represented by
Douglas Paul Lobel -- dlobel@cooley.com -- Cooley LLP, Cullen
Drescher Speckhart -- cspeckhart@wolriv.com -- Wolcott Rivers
Gates.

G. Russell Warnick, Defendant, represented by Dion W. Hayes --
dhayes@mcguirewoods.com -- McGuireWoods LLP.

LaTonya S. Mallory, Defendant, represented by Michael E. Hastings
-- mhastings@wtplaw.com --  Whiteford Taylor & Preston LLP.

Tipton Golias, Defendant, represented by Matthew D. Foster --
fosterm@pepperlaw.com -- Pepper Hamilton LLP, Kevin J. Funk --
Kfunk@Durrettecrump.Com -- DurretteCrump PLC, Daniel T. Moss --
dtmoss@jonesday.com -- JONES DAY, Kevyn D. Orr -- korr@jonesday.com
-- JONES DAY, Kerri L. Ruttenberg -- kruttenberg@jonesday.com --
JONES DAY, Tara Lynn R. Zurawski -- tzurawski@jonesday.com -- Jones
Day.

Floyd Calhoun Dent, III, Defendant, represented by Jesse N.
Silverman  -- jsilverman@dilworthlaw.com -- Dilworth Paxson LLP.

Janet Mallory Curtin, Trustee of the LaTonya Mallory 2012
Irrevocable Trust, Defendant, represented by Jeffery T. Martin, Jr.
-- jtm@henrylaw.com -- Henry & O'Donnell, P.C.

Warnick F. Karl, Defendant, represented by Charles M. Allen --
callen@goodmanallen.com -- Goodman Allen Donnelly PLLC.

Dennis M. Ryan, Defendant, represented by Timothy C. Bass --
basst@gtlaw.com -- Greenberg Traurig, LLP, Thomas John McKee, Jr.
-- mckeet@gtlaw.com -- Greenberg Traurig.

Remember Pember Inc., Defendant, represented by S. Miles Dumville
-- mdumville@reedsmith.com -- Reed Smith LLP, Justin Michael
Sizemore -- jsizemore@reedsmith.com -- Reed Smith LLP.

JP Cornwell Inc., Defendant, represented by Clark J. Belote  --
cbelote@kaufcan.com  -- Kaufman & Canoles, P.C. Dennis T.
Lewandowski -- dtlewand@kaufcan.com -- Kaufman & Canoles, P. C..

Medcentric LLC, Defendant, represented by William Daniel Prince, IV
-- wprince@t-mlaw.com -- ThompsonMcMullan, PC, David R. Ruby --
druby@t-mlaw.com  -- Thompson McMullan, P.C..

M. Looney Consulting Inc., Defendant, represented by Ronald A.
Page, Jr. -- rpage@rpagelaw.com -- Ronald Page, PLC.

MML Equipment Inc., Defendant, represented by Matthew D.
Huebschman, Shenandoah Legal Group, P.C.

            About Health Diagnostic

Health Diagnostic Laboratory, Inc., Central Medical Laboratory,
LLC, and Integrated Health Leaders, LLC, are health care
businesses based in Richmond, Virginia.  HDL is a blood testing
company.

Health Diagnostic Laboratory, Inc. (Bankr. E.D. Va. Case No.
15-32919) and affiliates Central Medical Laboratory, LLC (Bankr.
E.D. Va. Case No. 15-32920) and Integrated Health Leaders, LLC
(Bankr. E.D. Va. Case No. 15-32921) filed separate Chapter 11
bankruptcy petitions on June 7, 2015.  The petitions were signed
by Martin McGahan, chief restructuring officer.  

HDL disclosed $96,130,468 in assets and $108,328,110 in
liabilities as of the Chapter 11 filing.

Justin F. Paget, Esq., Tyler P. Brown, Esq., Jason W. Harbour,
Esq., and Henry P. (Toby) Long, III, Esq. at Hunton & Williams LLP
serve as the Debtors' bankruptcy counsel.  

Alvarez & Marsal is the Debtors' financial advisor.  Robert S.
Westermann, Esq., at Hirshler Fleisher, P.C., serve as the
Debtors' conflicts counsel.  American Legal Claims Services, LLC,
is the Debtors' claims, noticing and balloting agent.  Ettin
Group, LLC, will market and sell the miscellaneous equipment and
other assets.

MTS Health Partners, L.P., serves as investment banker.

To assist them with their restructuring efforts and to help
maximize the value of their estates, the Debtors filed with the
Court an application seeking entry of an order authorizing the
Debtors to retain Alvarez & Marsal Healthcare Industry Group, LLC
("A&M") to provide the Debtors with a Chief Restructuring Officer
and certain additional personnel.  Richard Arrowsmith is presently
the CRO.

On June 16, 2015, the Office of the United States Trustee for the
Eastern District of Virginia appointed the Committee, consisting
of the following seven members: (i) Oncimmune (USA) LLC; (ii)
Aetna, Inc.; (iii) Pietragallo Gordon Alfano Bosick & Raspanti,
LLP; (iv) Mercodia, Inc.; (v) Numares GROUP Corporation; (vi)
Kansas Bioscience Authority; and (vii) Diadexus, Inc.  On Sept.
23, 2015, Oncimmune (USA) LLC resigned from the Committee and, on
Nov. 3, 2015, the U.S. Trustee appointed Cleveland Heart Lab, Inc.
to the Committee.

The Creditors Committee retained Cooley LLP as its counsel and
Protiviti Inc. as its financial advisor.

                          *     *     *

On Nov. 5, 2015, the Court entered an order setting Dec. 22, 2015,
as the Bar Date for the filing of all proofs of claim.

The Debtors have sold substantially all of their operating assets
pursuant to two separate sales approved by the Court.

On Jan. 4, 2016, the Debtors filed a proposed Plan of Liquidation
and Disclosure Statement.

The Troubled Company Reporter on May 20, 2016, reported that Judge
Kevin R. Huennekens of the U.S. Bankruptcy Court for the Eastern
District of Virginia, Richmond Division, overruled the objections
to Health Diagnostic Laboratory, Inc., et al.'s Modified Second
Amended Plan of Liquidation and approved the Liquidating Plan and
approved the Plan.


HHH CHOICES: HHHW's Exit Plan to Pay Unsecured Claims in Full
-------------------------------------------------------------
General unsecured creditors will be paid in full under Hebrew
Hospital Home of Westchester, Inc.'s proposed Chapter 11 plan of
liquidation.

The plan jointly filed by Hebrew Hospital and the official
committee of unsecured creditors provides for full payment, without
interest, of unsecured claims through the liquidation of its
remaining assets, the pursuit of claims and causes of action, and
the distribution of those assets to creditors to be administered by
a liquidation trustee.

The total amount of allowed general unsecured claims is estimated
to be between $5 million and $7 million.  

Alan Halperin will be appointed as the initial liquidation trustee
on the effective date of the plan.  All assets owned by Hebrew
Hospital as of the effective date will be transferred to the
trust.

All cash necessary for the distributions under the plan will be
from the cash proceeds of the trust assets, according to Hebrew
Hospital's disclosure statement filed on August 10 with the U.S.
Bankruptcy Court for the Southern District of New York.

A copy of the disclosure statement is available for free at
https://is.gd/p0Mgbg

                  About HHH Choices Health Plan

Three alleged creditors owed about $1.9 million submitted an
involuntary Chapter 11 petition for HHH Choices Health Plan, LLC on
May 4, 2015 (Bankr. S.D.N.Y. Case No. 15-11158) in Manhattan.  The
petitioners are The Royal Care, Inc. (allegedly owed $772,762),
Amazing Home Care Services ($1,178,752), and InterGen Health LLC
($42,298), all claiming that they are owed by the Debtor for
certain services rendered.  They all tapped Weinberg, Gross &
Pergament, LLP as counsel.

With the consent from the board of directors, HHH Choices filed a
notice of consent to order for relief on June 1, 2015, and an order
for relief was entered on June 22, 2015.

Judge Michael E. Wiles oversees the case.  HHH Choices tapped
Harter Secrest & Emery LLP as legal counsel.

On Jan. 14, 2016, the court entered an order administratively
consolidating the Chapter 11 case of HHH Choices with the cases of
its affiliates, Hebrew Hospital Home of Westchester, Inc. and
Hebrew Hospital Senior Housing, Inc. (Case Nos. 16-10028 and
15-13264).

The Office of the U.S. Trustee appointed a committee of unsecured
creditors in HHH Choices' bankruptcy case and a separate committee
in Hebrew Hospital's case.  

Farrell Fritz, P.C. and CohnReznick LLP serve as bankruptcy counsel
and financial advisor for the HHH Choices committee, respectively.

Alston & Bird LLP represents the Hebrew Hospital committee as
bankruptcy counsel.


IGNITE RESTAURANT: Landry's Wins Auction for $57-Mil.
-----------------------------------------------------
Tom Corrigan, writing for The Wall Street Journal Pro Bankruptcy,
reported that Landry's Inc., a privately held restaurant and casino
empire, won a bankruptcy auction to acquire both the Joe's Crab
Shack and Brick House Tavern + Tap chains for $57 million.

According to the report, papers filed with the U.S. Bankruptcy
Court in Houston show Landry's had been eager to buy the two chains
since their parent company, Ignite Restaurant Group Inc., began
searching for a buyer.

A final hearing on the sale, which must receive a judge's blessing,
is scheduled for Thursday before Judge David Jones, the report
related.

Landry's, owned by Houston businessman Tilman Fertitta, already
operates a broad spectrum of more than 500 restaurants, the report
noted.  If the sale is approved, it will gain 112 Joe's Crab Shack
locations and 25 Brick House restaurants, with many concentrated in
Texas, Florida and California, the report said.  Three franchises
are located in Dubai, court papers show, the report added.

Earlier this year, Landry's asked a judge to step in when its
leading offer, for as much as $60 million, was rejected, the report
related.

Lawyers for Landry's said it had been "jilted" when Ignite filed
for chapter 11 protection in June seeking bankruptcy court approval
of a $50 million lead bid from an affiliate of private-equity firm
Kelly Investment Group, which bought casual-dining chain Fox &
Hound out of bankruptcy last year, the report further related.

Landry's and Kelly eventually resolved the dispute, with Landry's
agreeing to kick off the auction with a $55 million bid, the report
said.

                    About Ignite Restaurant

Ignite Restaurant Group, Inc., et al., operate two well-known
restaurant brands, Joe's Crab Shack and Brick House Tavern + Tap
that offer a variety of high-quality food and beverages in a
distinctive, casual, high-energy atmosphere.  They operate 130+
restaurants and have three international franchise locations, and
employ about 8,400 employees.

On June 6, 2017, Ignite Restaurant Group and its affiliates filed
for bankruptcy in Texas (Bankr. S.D. Tex. Lead Case No. 17-33550).

The petitions were signed by Jonathan Tibus, chief executive
officer.  The Hon. David R. Jones presides over the Debtors'
cases.
  
Ignite Restaurant Group and its affiliated debtors sought
bankruptcy protection to facilitate a sale of its business to a
private equity firm for $50 million in cash plus the assumption of
certain liabilities.

As of April 30, 2017, the Debtors reported $153.4 million in total
assets and $197.4 million in total liabilities.

The Debtors have employed King & Spalding LLP as legal counsel;
Jonathan Tibus, managing director at Alvarez & Marsal North
America, as their chief executive officer; Piper Jaffray & Co. as
investment banker; Hilco Real Estate, LLC as real estate advisor;
and Garden City Group as their claims and noticing agent.

On June 21, 2017, a five-member panel was appointed as the official
unsecured creditors committee in the Debtors' cases.  The committee
tapped Pachulski Stang Ziehl & Jones LLP as counsel, Cole Schotz
P.C. as local counsel, and FTI Consulting, Inc., as financial
advisor.

On July 6, 2017, the Debtors filed a disclosure statement, which
explains their proposed Chapter 11 plan.


IMPERIAL METALS: Reports Q2 Financial Results, Obtains Waiver
-------------------------------------------------------------
Imperial Metals Corporation said that revenues decreased to
CA$106.7 million in the quarter ended June 30, 2017, compared to
CA$116.2 million in the 2016 comparative quarter, a decrease of
CA$9.5 million or 8%.

Net income for the June 2017 quarter was CA$64.1 million ($0.68 per
share) compared to net loss of CA$4.2 million ($0.05 per share) in
the 2016 comparative quarter.

        Liquidity & Capital Resources and Covenant Waiver

At June 30, 2017, the Company had cash of CA$8.7 million, CA$5.2
million undrawn on the senior secured revolving credit facility
("Senior Credit Facility") and a working capital deficiency of
CA$910.8 million, which includes CA$842.5 million current portion
debt.

Based on the results of operations for the second quarter of 2017
the Company met three of four financial covenants contained in its
Senior Credit Facility.  But for the waiver, the Company would not
have been in compliance with one of the financial covenants of the
facility.  The Senior Credit Facility matures on March 15, 2018 and
has been classified as a current liability since March 15, 2017.

The Company has obtained a waiver from the Senior Credit Facility
lenders such that no event of default has occurred under the
facility.  The waiver covers the period to September 30, 2017 and
requires the Company to deliver a financing plan to the Senior
Credit Facility lenders for their approval prior to September 30,
2017.

International Accounting Standard 1 requires all debt to be
classified as a current liability where the Company does not have
an unconditional right to defer settlement of the debt for at least
twelve months after the relevant reporting period.  Accordingly,
even though no present event of default exists, all debt, which
could, under any circumstances, be accelerated due to any potential
action which could be taken by lenders prior to twelve months from
June 30, 2017 must be classified as a current liability.
Consequently, the second lien secured revolving credit facility,
the senior unsecured notes, the convertible debentures, the junior
credit facility and certain equipment loans are required to be
classified as current liabilities as of June 30, 2017.

On July 31, 2017 the Company closed a $20.0 million bridge loan
financing ("Bridge Loan") with affiliates of its two major
shareholders.  The Bridge Loan matures on the earlier of Oct. 15,
2017 or the date the Company secures additional financing.

The Company is reviewing its mine plans and its capital
requirements as a result of lower than expected metal production in
the first half of 2017.  This review may require the Company to
secure additional financing or request extension of the maturity
dates of some of its debt.  There can be no assurance that adequate
additional financing will be available on terms acceptable to the
Company or at all or that the holders of the Company's debt will
agree to extend maturity dates.  This creates a material
uncertainty that could have an adverse impact on the Company's
financial condition and results of operations, and may cast
significant doubt on the Company's ability to continue as a going
concern.

                          About Imperial

Imperial is a Vancouver based exploration, mine development and
operating company.  The Company, through its subsidiaries, owns the
Red Chris, Mount Polley and Huckleberry copper mines in British
Columbia.  Imperial also holds a 50% interest in the Ruddock Creek
lead|zinc property in British Columbia.


INDUSTRIAL TOOL: Hires Keith S. Smartt as Bankruptcy Counsel
------------------------------------------------------------
Industrial Tool & Die, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of Tennessee to employ
the Law Office of Keith S. Smartt as counsel.

The Debtor requires Mr. Smartt to:

     a. advise the Debtor as to its rights, duties and powers as a
Debtor in Possession;

     b. prepare and file all necessary statements, schedules, and
other documents and to negotiate and prepare one or more plans of
reorganization for the Debtor;

     c. represent the Debtor at all hearings, meetings of
creditors, conferences, trials, and other proceedings in this case;
and

     d. perform such other legal services as may be necessary in
connection with this case.

The Smartt firm will be paid at these hourly rates:

     Attorney                      $240
     Paraprofessionals             $75

The Debtor has paid to Mr. Smartt $15,000 for pre-petition
services.

Keith S. Smartt, Esq., at Law Office of Keith S. Smartt, assured
the Court that the firm does not represent any interest adverse to
the Debtor and its estates.

The firm may be reached at:

     Keith S. Smartt, Esq.
     Law Office of Keith S. Smartt
     113 E. Morford St.
     McMinnville, TN 37110
     Tel: 931-473-3622 k
     E-mail: eith.smartt@smarttlaw.net

                 About Industrial Tool & Die, Inc.

Industrial Tool & Die, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. E.D.Tenn. Case No. 17-04515) on June 27, 2017.   Keith S.
Smartt, Esq., at the Law Office of Keith S. Smartt serves as
bankruptcy counsel.

The Debtor's assets and liabilities are both below $1 million.


INDUSTRIAL TOOL: Hires Rufus W. Gonder as Accountant
----------------------------------------------------
Industrial Tool & Die, Inc., seeks authorization from the U.S.
Bankruptcy Court for the Eastern District of Tennessee to employ
Rufus W. Gonder, CPA as accountant.

The Debtor requires Gonder to perform general post-petition
accounting services.

Gonder will be paid at these hourly rates:

     Rufus W. Gonder, CPA        $125
     Staff                       $55

Rufus Gonder, CPA, assured the Court that he does not represent any
interest adverse to the Debtor and its estates.

Gonder may be reached at:

     Rufus W. Gonder, CPA
     PO Box 592
     McMinnville, TN 37111
     Tel: 931-473-6597

                  About Industrial Tool & Die, Inc.

Industrial Tool & Die, Inc. filed a Chapter 11 bankruptcy petition
(Bankr. E.D.Tenn. Case No. 17-04515) on June 27, 2017.   Keith S.
Smartt, Esq., at the Law Office of Keith S. Smartt serves as
bankruptcy counsel.

The Debtor's assets and liabilities are both below $1 million.


JRD CONTRACTING: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor affiliates that filed Chapter 11 bankruptcy petitions:

     Debtor                                    Case No.
     ------                                    --------
     JRD Contracting & Land Clearing, Inc.     17-03032
     P.O. Box 623
     Camden, AL 36726

     JRD Contracting, Inc.                     17-03034
     P.O. Box 623
     Camden, AL 36726
      
Business Description: The Debtors specialize in highway and  
                      street construction.

Chapter 11 Petition Date: August 14, 2017

Court: United States Bankruptcy Court
       Southern District of Alabama (Mobile)

Debtors' Counsel: Robert M. Galloway, Esq.
                  GALLOWAY, WETTERMARK, EVEREST & RUTENS, LLP
                  P.O. Box 16629
                  Mobile, AL 36616-0629
                  Tel: (251) 476-4493
                  E-mail: bgalloway@gallowayllp.com

                                       Estimated   Estimated
                                         Assets   Liabilities
                                        (,000)      (,000)
                                      ----------  -----------
JRD Contracting & Land Clearing       $500-$1,000 $1,000-$10,000
JRD Contracting, Inc.                 $100-$500     $100-$500

The petitions were signed by John R. Dailey, Jr., president.

JRD Contracting & Land Clearing's list of 20 largest unsecured
creditors is available for free at:

          http://bankrupt.com/misc/alsb17-03032.pdf

JRD Contracting, Inc.'s list of 16 largest unsecured creditors is
available for free at http://bankrupt.com/misc/alsb17-03034.pdf


KEELER'S MEDICAL: Asks Court to Direct U.S. Trustee to Appoint PCO
------------------------------------------------------------------
Keeler's Medical Supply, Inc., asks the U.S. Bankruptcy Court for
the Eastern District of Washington to enter an order directing the
U.S. Trustee to appoint a consumer privacy ombudsman in order to
ensure that the sale of personally identifiable information
pursuant to the Purchase and Sale Agreement is allowable under
applicable Bankruptcy and non-Bankruptcy law.

The Debtor has filed a motion to sell substantially all of its
assets to Howard's Medical, Inc., pursuant to the terms of a
written purchase and sale agreement dated on July 21, 2017.  A
portion of the assets which would be sold pursuant to the Agreement
constitute customer lists, goodwill and patient medical records.

The Debtor believes that the proposed sale proposed would involve
the transfer of personally identifiable information.  The Debtor
claims that it has a number of written privacy policies in
existence on the date of the bankruptcy filing. However, the Debtor
does not believe that those written privacy policies would allow
for the transfer of the personally identifiable information of its
customers as called for by the Agreement.

                   About Keeler's Medical Supply

Keeler's Medical Supply, Inc., is a Washington corporation engaged
in the business of selling and leasing medical supplies and
equipment as well as providing services related to such medical
supplies and equipment.  Keeler's headquarters and principal place
of business are located at 2001 West Lincoln Avenue in Yakima,
Washington. Keeler's was formed in 1971.

The common stock of Keeler's is owned as follows: (a) 91.35% by the
Estate of Sharon Vetsch; (b) 6.51% by Charles E. Vetsch, Jr. (the
President and Chief Executive of Keeler's); and (c) 2.14% by
Clinton T. Vetsch.  

Keeler's Medical Supply filed a Chapter 11 petition (Bankr. E.D.
Wash. Case No. 17-01849) on June 15, 2017, estimating assets of
less than $50,000 and liabilities of $1 million to $10 million.
The petition was signed by Charles Vetsch, president.

Roger William Bailey, Esq., at Bailey & Busey PLLC, serves as the
Debtor's legal counsel.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.


KGC HOMEOWNERS: Court Rules on WDM's Suit Dismissal Motion
----------------------------------------------------------
William Douglas Management, Inc. sought dismissal of the amended
complaint filed by KGC Homeowners Inc. alleging breach of contract,
negligence, and breach of fiduciary duty.

The claims originate from an agreement dated July 16, 2012,
entitled "Standard Management Agreement," under which WDM
ostensibly managed the homeowner association of a condominium
complex owned by KGC Homeowners and its unit owners, and the
alleged breach of that agreement or duties promulgated thereunder.


Upon deliberation, Judge Joseph N. Callaway of the U.S. Bankruptcy
Court for the Eastern District of North Carolina (1) denied the
motion to dismiss as to the breach of contract cause of action; (2)
denied the motion as to the negligence cause of action; and (3)
allowed the motion to dismiss as to the breach of fiduciary duty
cause of action.

The bankruptcy case is In re: KGC HOMEOWNERS, INC., Chapter 11,
Debtor KGC HOMEOWNERS, INC., Plaintiff, v. WILLIAM DOUGLAS
MANAGEMENT, INC. Defendant, Case No. 16-01062-5-JNC (Bankr.
E.D.N.C.).

The adversary proceeding is KGC HOMEOWNERS, INC., Plaintiff, v.
WILLIAM DOUGLAS MANAGEMENT, INC. Defendant, Adv. Pro. No.
16-00139-5-JNC (Bankr. E.D.N.C.).

A full-text copy of Judge Callaway's Order dated August 8, 2017, is
available at https://is.gd/U3cvA3 from Leagle.com

KGC Homeowners, Inc., Debtor, represented by Laurie B. Biggs,
Stubbs & Perdue, PA, Blake Y. Boyette, Stubbs & Perdue, P.A., John
H. Britton, Joseph Zachary Frost, Stubbs & Perdue, P.A., William H.
Kroll, Stubbs & Perdue, P.A. & Trawick H. Stubbs, Jr., Stubbs &
Perdue, P.A..

KGC Homeowners, Inc. filed for Chapter 11 bankruptcy protection
(Bankr. E.D.N.C. Case No. 16-01062) on March 1, 2016.  


KING'S PEAK: Can Use Cash for August 2017 Expenses, Pay Proven
--------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Colorado signed a
Stipulated Second Interim Order, authorizing King's Peak Energy,
LLC, to use cash collateral pursuant to the Budget and to pay
critical vendor Proven Petroleum, Inc.

The Court has also approved the Debtor's Second Interim Budget for
the month of August 2017 projects total expenditures of
approximately $305,544.

The Debtor is prohibited to use Cash Collateral to pay for Forestry
Service Bonds.

Macquarie Bank Limited is granted replacement liens with the same
priority and validity as its prepetition liens in the Debtor's
postpetition assets, to the extent, but only to the extent, of any
diminution in the value of said party's collateral as it existed on
the date of the filing of Debtor's petition.  To the extent that
the Adequate Protection Liens prove to be insufficient, Macquarie
Bank will be granted first priority superpriority administrative
expense claims under Section 507(b) of the Bankruptcy Code with
priority in payment over any other administrative expenses.

The Debtor and Proven Petroleum will provide Macquarie Bank a
Payment Report each week of the payments made to third parties by
Debtor and/or Proven Petroleum on behalf of Debtor and to Proven
Petroleum by the Debtor out of cash collateral.

United Sales and Big West are also authorized to pay to the Debtor
all proceeds from the sale of the Debtor's hydrocarbons.

The Debtor's right to use cash collateral will terminate upon the
earlier of:

     (a) Aug. 28, 2017,

     (b) the failure of John Teff to submit his written resignation
as president of the Debtor and as well any and all other managerial
control or authority as to the Debtor before Aug. 9, 2017;

     (c) the failure of the Debtor to move before Aug. 16, 2017,
for appointment of a Chief Restructuring Officer, acceptable to
Macquarie Bank, with delegated authority to oversee and pursue a
sale process and/or to oversee the Debtor's reorganization efforts,
if any, and

     (d) the default by the Debtor or Proven Petroleum under any
terms of the order.

A final hearing on Debtor's Motion for use of cash collateral will
be held on Sept. 8, 2017, at 9:30 a.m.  Any party in interest
objecting to the entry of a final or extended interim order for the
use of cash collateral must file a written objection on or before
Aug. 25.

A full-text copy of the Stipulated Second Interim Order, dated Aug.
8, 2017, is available at https://is.gd/7ma7pj

                    About King's Peak Energy

King's Peak Energy, LLC, is a corporation based in Lakewood,
Colorado and named as a lessee in 27 oil and gas leases.  King's
Peak Energy sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Colo. Case No. 17-16046) on June 29, 2017.  Fred
Soliz, manager and member, signed the petition.  The Debtor
estimated its assets and debt at $10 million to $50 million.

Judge Elizabeth E. Brown presides over the case.

Christian C. Onsager, Esq., and Andrew D. Johnson, Esq., at Onsager
Fletcher Johnson, LLC, serve as the Debtor's bankruptcy counsel.  


An official committee of unsecured creditors has not yet been
appointed in the Chapter 11 case of King's Peak Energy, LLC as of
July 31, 2017.


KNIGHT ENERGY: DIP Financing Sets Plan and Sale Milestones
----------------------------------------------------------
Knight Energy Holdings, LLC, and its debtor-affiliates seek
authorization from the U.S. Bankruptcy Court for the Western
District of Louisiana (a) to use cash collateral and all other
Prepetition Senior Credit Agreement Collateral of Cantor Fitzgerald
Securities, as administrative agent and collateral agent, and (b)
to obtain postpetition financing not to exceed $4,500,000 in the
aggregate from Cantor Fitzgerald Securities, as administrative
agent and collateral agent, with interest accruing at a fixed rate
of 8.5% per annum.

Borrowings under the DIP Financing may be made from the date of
execution of the DIP Financing Agreement as follows:

     (a) during the Initial Funding Availability Period of up to $6
million,

     (b) during the Second Funding Availability Period of up to $1
million, and

     (c) during the Third Funding Availability Period of up to $3
million.

The Debtors ask the Court to grant Cantor Fitzgerald and the DIP
Lenders with superpriority administrative claims and automatically
perfected priming liens, first priority liens, junior liens, and
security interests to secure the obligations and indebtedness to
the Cantor Fitzgerald and the DIP Lenders.

The Debtors also ask the Court to grant Cantor Fitzgerald and the
DIP Lenders with automatically perfected replacement liens and
security interests and other adequate protection to the Prepetition
Lenders and the Prepetition Agent with respect to their interests
in the Prepetition Senior Credit Agreement Collateral

In addition, the proposed DIP Financing sets forth, among other
events of default, the following events as default, if:

     (i) The Debtors will fail to list for sale the Non-Core
Collateral on or before Aug. 9, 2017, which includes: (1) the real
property located at 2288 E. County Rd. 30-A, Santa Rosa Beach, FL,
(2) the real property located at the SE Corner of Interstate Hwy.
40 and N. Cimarron Rd., Oklahoma City, OK; and (3) the real
property located at 507 Park Road, Frierson, LA.

    (ii) The Debtors fail to file on or before Sept. 1, 2017, (1) a
joint chapter 11 plan of reorganization with terms and conditions
agreed upon by the Majority DIP Lenders on the terms agreed to in
the RSA and Term Sheet, (2) a corresponding disclosure statement,
and (3) the Disclosure Statement and Solicitation Motion;

  (iii) The Bankruptcy Court has not entered an order on or before
Sept. 1, 2017 approving the DIP Financing in form and substance
acceptable to the DIP Agent at the direction of the Majority DIP
Lenders;

    (iv) The Bankruptcy Court has not entered an order in form and
substance acceptable to the Majority DIP Lenders on or before Oct.
23, 2017 authorizing the Debtors' assumption of the Restructuring
Support Agreement;

     (v) On or before Oct. 23, 2017, the Bankruptcy Court has not
entered an order approving the Disclosure Statement and the relief
requested in the Disclosure Statement and Solicitation Motion;

    (vi) On or before 5 business days after entry of the order
approving the Disclosure Statement and Solicitation Motion, the
Debtors have not commenced solicitation on the Plan;

   (vii) The Bankruptcy Court has not commenced the Confirmation
Hearing on or before Dec. 5, 2017;

  (viii) The Bankruptcy Court has not entered an order confirming
the Plan on or before Dec. 8, 2017; or

    (ix) All conditions precedent to the Effective Date have not
been satisfied or waived by Dec. 23, 2017.

On the 11 U.S.C. Sec. 363 Sale Proceedings Initiation Date, the
Events of Default will be replaced with following Events of
Default:

     (a) on or before two days after the 363 Sale Proceedings
Initiation Date, the Debtors have not issued a mutually-agreeable
public press release announcing the 363 Sale process for the
Assets, and from such date through the Auction, the Debtors have
not provided any parties who execute the non-disclosure agreement
access to the same virtual data-room that has been made available
to the DIP Lenders;

     (b) on or before the date falling two days after the 363 Sale
Initiation Date, the Debtors have not: (1) executed a Stalking
Horse Agreement, and (2) filed a motion for the approval of the
Stalking Horse Agreement and the bidding procedures;

     (c) on or before the date falling thirty days after the 363
Sale Proceedings Initiation Date, the Debtors have not obtained
entry of the Bidding Procedures Order approving the Stalking Horse
Agreement, and the Bidding Procedures and scheduling an auction and
a sale hearing date to approve the 363 Sale;

     (d) on or before the date set in the Bidding Procedures Order,
the Debtors have not: (i) held the Auction, or (ii) subject to the
Bidding Procedures, canceled the Auction, and (iii) in either of
cases (i) or (ii) declared a successful bidder for the Assets; and

     (e) on or before the date set in the Bidding Procedures Order,
the Bankruptcy Court has not held the Sale Hearing and entered an
order approving the terms of the 363 Sale; or

     (f) on or before Jan. 31, 2018, the closing of the 363 Sale
has not occurred.

Maturity date of the DIP Financing is the earliest to occur of:

     (a) Jan. 31, 2018;

     (b) Aug. 10, 2017, if the Bankruptcy Court has not entered the
Interim DIP Order by the end of such date;

     (c) Sept. 1, 2017, if the Bankruptcy Court has not entered the
Final DIP Order by the end of such date,

     (d) the effective date of the Acceptable Plan of
Reorganization;

     (e) the consummation of a sale of all or substantially all of
the Properties of the Debtors pursuant to Section 363 of the
Bankruptcy Code; and

     (f) the acceleration of the Loans and the termination of the
Commitments in accordance with the terms of the DIP Financing
Agreement.  

The Debtors believe an immediate and orderly transition into
Chapter 11 is critical to the viability of their operations and the
success of the Chapter 11 cases.  As such, the Debtors believe that
emergency consideration is necessary and request that this Motion
be heard at the Debtors' first day hearings.

The Debtors request that the Court schedule the Final Hearing on
the Motion no later than Sept. 1, 2017, and that the Court
authorize the Debtors to enter into the DIP Financing on a final
basis at such hearing.

A full-text copy of the Debtors' Motion, dated Aug. 8, 2017, is
available at https://is.gd/w0xZKo

                  About Knight Energy Holdings

Knight Energy Holdings, LLC, supplies rental equipment and services
for drilling, completion and well control activities, serving a
diverse base of oil and gas operators.  Knight is a multi-basin
service provider with operations in nine states.  Its services are
available to clients in the United States, including the Permian,
Eagle Ford, San Juan, Bakken, Cotton Valley, DJ, Haynesville,
Alaska, and the Gulf Coast.  In the past, Knight Energy also
provided services internationally in Norway, the Netherlands, Iraq,
UAE, Australia, and Colombia.  There are presently no international
operations.  Knight Energy currently employs approximately 330
employees spread throughout the 18 active locations.

Knight Energy Holdings, LLC, formerly Knight Oil Tools, LLC and its
affiliates filed Chapter 11 petitions (Bankr. W.D. La. Lead Case
No. 17-51014) on Aug. 8, 2017.  The petitions were signed by Kelley
Knight Sobiesk, member, director.

At the time of filing, Knight Energy Holdings' had $50 million to
$100 million in estimated assets and $100 million to $500 million
in estimated liabilities.

The case is assigned to Judge Robert Summerhays.

Heller, Draper, Patrick, Horn & Dabney, L.L.C. serves as bankruptcy
counsel to the Debtors; and Gary L. Pittman and Opportune, LLP,
serves as the crisis managers.  Donlin, Recano & Company, Inc., is
the claims, noticing & solicitation agent and maintains the site
https://www.donlinrecano.com/Clients/knight/Index


LA PALOMA: To Sell Electric Generating Facility to Pay Creditors
----------------------------------------------------------------
La Paloma Generating Company, and its affiliated debtors filed with
the U.S. Bankruptcy Court for the District of Delaware a disclosure
statement dated Aug. 2, 2017, referring to the Debtors' joint
Chapter 11 plan for the Debtors.

The Plan provides for (i) the sale of the Debtors' natural
gas-fired, combined cycle electric generating facility located on
an approximately 400-acre site in McKittrick, California, and other
acquired assets to the entity that submits the highest or otherwise
best offer for the acquired assets in accordance with a sale
process established by the bid procedures court order, and (ii) the
distribution of the cash proceeds, if any, from the sale and
liquidation of the Debtors' remaining assets.  

The Debtors' remaining assets, which will be contributed to the
Liquidating Trust, include (i) all cash in the Debtors' bank
accounts that is not encumbered cash after the payment of all
Allowed Administrative Claims, Allowed Priority Tax Claims, Allowed
Priority Non-Tax Claims and Allowed Other Secured Claims, (ii) the
Remaining SunTrust Cash after the payment of any Allowed Other
Secured Claim of SunTrust Bank, (iii) the Tax Refund Claims, (iv)
any other Causes of Actions of the Debtors (except for any cause of
action that is explicitly sold to the purchaser under the APA), and
(v) any unencumbered assets remaining in the Debtors' estates after
the sale.

General Unsecured Claims of La Paloma, CEP La Paloma Operating
Company, LLC, and La Paloma Acquisition Co, LLC, are impaired under
the Plan.

Pursuant to the Plan, each holder of an Allowed La Paloma General
Unsecured Claim will receive, in satisfaction of the claim, its pro
rata share of the beneficial interests in the Liquidating Trust
entitling the holder to its pro rata share of the proceeds from the
liquidation of the Liquidating Trust Assets, in accordance with the
Liquidating Trust waterfall.  A holder of an Allowed La Paloma
General Unsecured Claim will be treated as exchanging the claim for
a portion of the Liquidating Trust Assets (together with any
applicable liabilities) in a taxable exchange under Section 1001 of
the Code.  

Each holder of an Allowed La Paloma General Unsecured Claim should
recognize gain or loss equal to the difference between (1) the sum
of (x) the fair market value as of the Effective Date (or, in the
event there are disputed claims in Classes 3, 4 or 5A, as of the
date of distribution of the beneficial interests in the Liquidating
Trust to the holder) of the Liquidating Trust Assets (net of any
applicable liabilities) that are received or deemed received by the
holder in exchange for the claim, and (2) the holder's adjusted tax
basis, if any, in the claim.  The gain or loss should be capital in
nature so long as the Allowed La Paloma General Unsecured Claim is
held as a capital asset and should be long-term capital gain or
loss to the extent that the holder has a holding period in the debt
obligation underlying the claim of more than one year.  To the
extent that a portion of the Liquidating Trust Interest received in
exchange for an Allowed La Paloma General Unsecured Claim is
allocable to accrued but unpaid interest, the holder of the claim
may be required to recognize ordinary income.

A holder of an Allowed La Paloma General Unsecured Claim receiving
a Liquidating Trust Interest should recognize additional or
offsetting gain or loss if, and to the extent that, the aggregate
amount of Cash and the fair market value of any non-cash
distributions from the Liquidating Trust ultimately received by the
holder is greater than or less than the amount used in initially
determining gain or loss in accordance with the procedures
described in Section VI.B(i).

Pursuant to the Plan, each holder of an Allowed LPAC General
Unsecured Claim or an Allowed CEP General Unsecured Claim will
receive its pro rata share of the portion of the sale proceeds (if
any) allocable to the assets of LPAC and CEP and the liquidation
value of any other assets of LPAC or CEP, respectively, if any.  

A holder of an Allowed LPAC General Unsecured Claim or an Allowed
CEP General Unsecured Claim will be treated as exchanging the claim
for cash in a taxable exchange under Section 1001 of the Code.
Accordingly, each holder of an Allowed LPAC General Unsecured Claim
or an Allowed CEP General Unsecured Claim should recognize gain or
loss equal to the difference between (i) the amount of cash
received in exchange for claim and (ii) the holder's adjusted tax
basis, if any, in the claim.  The gain or loss should be capital in
nature so long as the Allowed LPAC General Unsecured Claim or the
Allowed CEP General Unsecured Claim is held as a capital asset and
should be long-term capital gain or loss to the extent that the
holder has a holding period in the debt obligation underlying the
claim of more than one year.  To the extent that a portion of the
cash received in exchange for an Allowed LPAC General Unsecured
Claim or an Allowed CEP General Unsecured Claim is allocable to
accrued but unpaid interest, the holder of the claim may be
required to recognize ordinary income.

Subject to a budget reasonably acceptable to LNV, the Debtors'
obligations under the Plan to pay Allowed Administrative Claims,
Allowed Priority Tax Claims and Allowed Priority Non-Tax Claims
will be paid from postpetition revenue and cash in the Debtors'
bank accounts that is not encumbered cash.

On the Effective Date, SunTrust will transfer and turn over to the
Debtors the Remaining SunTrust Cash, after payment of the Allowed
Other Secured Claims of SunTrust, for further distribution in
accordance with the Plan.

A copy of the Disclosure Statement is available at:

         http://bankrupt.com/misc/deb16-12700-543.pdf

              About La Paloma Generating Company

La Paloma Generating Company, LLC, a D.C.-based merchant power
generator, and its affiliates La Paloma Acquisition Co, LLC, and
CEP La Paloma Operating Company, LLC, filed separate Chapter 11
bankruptcy petitions (Bankr. D. Del. Case Nos. 16-12700 to
16-12702) on Dec. 6, 2016.  The Hon. Christopher S. Sontchi
presides over the cases. The petitions were signed by Niranjan
Ravindran, as authorized person.

The Debtors are represented by John J. Rapisardi, Esq., and George
A. Davis, Esq., at O'Melveny & Myers LLP, as lead bankruptcy
counsel; and Mark D. Collins, Esq., Andrew Dean, Esq., and Jason M.
Madron, Esq., at Richards, Layton & Finger, P.A., as Delaware
counsel.  Lawyers at Curtis, Mallet-Prevost, Colt & Mosle LLP serve
as conflicts counsel. Jefferies LLC serves as the Debtors'
financial advisor and investment banker, while their claims and
noticing agent is Epiq Bankruptcy Solutions.  Alvarez & Marsal
North America, LLC, as financial advisor.

La Paloma Generating estimated $100 million to $500 million in
assets and $500 million to $1 billion in liabilities.

Maria Aprile Sawczuk has been appointed fee examiner in the
bankruptcy case.


MARBLES HOLDINGS: Hearing on Plan & Disclosures Set for Aug. 30
---------------------------------------------------------------
The Hon. Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois has scheduled for Aug. 30, 2017, at
11:00 a.m. prevailing Central Time the hearing to consider the
approval of Marbles Holdings, LLC, et al.'s disclosure statement
and confirmation of the Debtors' plan of reorganization.

Objections to the plan confirmation and approval of the Disclosure
Statement must be filed by Aug. 25, 2017, at 5:00 p.m. prevailing
Central Time.  Responses to objections to plan confirmation and
disclosure statement approval must be filed by Aug. 28, 2017, at
11:59 p.m. prevailing Central Time.

Aug. 21, 2017, at 4:00 p.m. prevailing Central Time is established
as the deadline by which the ballots must be received by the
Debtors' tabulation agent, Garden City Group, LLC.

                  About Marbles Holdings, LLC

Marbles LLC is a privately held company engaged in the development,
curating, wholesaling and retail sale of unique brain-stimulating
games, puzzles, software, and books.  Its principal place of
business and principal office are located at 1918 North Mendell
Street, Chicago, Illinois.

Marbles Holdings, LLC, along with Marbles LLC and Marbles Brain
Workshop, LLC, sought Chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Lead Case No. 17-03309) on Feb. 3, 2017.

Adelman & Gettleman LTD. serves as the Debtors' bankruptcy counsel,
while Garden City Group LLC acts as noticing, claims and
solicitation agent.  The Debtors have also tapped Hilco IP Services
LLC dba Hilco Streambank to help monetize its intellectual
property, and Gordon Brothers Retail Partners, LLC in connection
with the store closing sales at its retail stores.

At the time of the filing, Marbles Holdings and Marbles LLC
estimated assets of $1 million to $10 million and liabilities of
$10 to $50 million.  Marbles Brain Workshop estimated assets of
less than $500,000 and liabilities of less than $50,000.

On February 13, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors. Pachulski Stang Ziehl &
Jones LLP and Freeborn & Peters LLP serve as lead counsel and local
counsel to the committee, respectively. Berkeley Research Group,
LLC, is the financial advisor.

Elise S. Frejka was appointed as consumer privacy ombudsman.  No
trustee or examiner has been appointed.


MARYLAND ECONOMIC: S&P Ups 2015 Student Housing Bonds Rating to BB+
-------------------------------------------------------------------
S&P Global Ratings raised its long-term rating on Maryland Economic
Development Corp.'s (MEDCO) series 2015 student housing refunding
revenue bonds issued on behalf of Bowie State University project to
'BB+' from 'BB'. The outlook is stable.

"The upgrade reflects our view of the project's
stronger-than-expected maximum annual debt service coverage at 1.6x
for fiscal 2016 and more than adequate projected coverage of 1.5x
for fiscal 2017 while recent occupancy levels have been very strong
at 100% in fall 2015 and 2016," said S&P Global Ratings credit
analyst Ken Rodgers. The student housing project early in its life
had some mismanagement, by its initial contract manager, and
financial difficulties resulting in prior-year debt service
coverage (DSC) covenant violations. However, due to strong
oversight provided by MEDCO, direct management provided by Capstone
On-Campus Management, LLC (the replacement manager), close
collaboration with Bowie State University (BSU), and limited
oversight by the University System of Maryland (USM or system) of
which BSU is a member institution, all contributed some level of
oversight and corrective action such that the project is now
enjoying healthier demand and improved financial operations and
DSC.

S&P said, "The stable outlook reflects our belief that the project
will maintain strong occupancy and financial operations resulting
in healthy DSC consistent with management projections.

"We would consider a positive rating action if project occupancy
and DSC remained at healthy levels on a sustained basis and there
was further evidence of an improved financial profile."


MEDIFOCUS INC: UHY McGovern Hurley Casts Going Concern Doubt
------------------------------------------------------------
Medifocus Inc. filed with the U.S. Securities and Exchange
Commission its annual report on Form 20-F, disclosing a net loss of
$1.57 million on $3.78 million of total sales for the year ended
March 31, 2017, compared with net loss of $4.96 million on $4.53
million of total sales for the year ended March 31, 2016.

The Company's independent accountants UHY McGovern Hurley, LLP, in
Toronto, Canada, states that Medifocus, Inc.'s operating loss,
negative working capital and accumulated deficit as at March 31,
2017, raise substantial doubt about its ability to continue as a
going concern.

At March 31, 2017, the Company had total assets of $3.14 million,
total liabilities of $11.54 million, and $8.39 million in total
stockholders' deficit.

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

                     https://is.gd/kfPgYw

                     About Medifocus Inc.

Canada-based, Medifocus Inc. is in the business of developing and
selling medical device systems that deliver precisely focused,
microwave-generated heat to diseased tissue, thereby destroying or
shrinking it.  The Company owns over three technology platforms.
The Endo-thermotherapy Platform is a catheter-based focused heat
technology platform that utilizes natural body openings to deliver
microwave thermotherapy to the diseased sites.  The Prolieve
Thermodilatation System for the treatment of Benign Prostatic
Hyperplasia was developed based on the Endo-thermotherapy Platform.
The Adaptive Phased Array (APA) Microwave Focusing Platform
directs precisely focused microwave energy at tumor center to
induce shrinkage or eradication of tumors without undue harm to
surrounding tissue.


MERRIMACK PHARMACEUTICALS: Posts $511.6 Million Net Income in Q2
----------------------------------------------------------------
Merrimack Pharmaceuticals, Inc., filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing
net income attributable to the Company of $511.56 million for the
three months ended June 30, 2017, compared to a net loss
attributable to the Company of $50.75 million for the three months
ended June 30, 2016.

For the six months ended June 30, 2017, the Company reported net
income attributable to the Company of $481.87 million compared to a
net loss attributable to the Company of $89.22 million for the six
months ended June 30, 2016.

"We have never been profitable and, as of June 30, 2017, we had an
accumulated deficit of $472.9 million," the Company stated in the
report.  "Our loss from continuing operations before income tax
expense was $59.9 million and $89.1 million for the three and six
months ended June 30, 2017, respectively.  Our loss from continuing
operations was $51.6 million and $89.3 million for the three and
six months ended June 30, 2016, respectively.  We expect to
continue to incur significant expenses and operating losses for at
least the next several years.  We expect to continue to incur
significant research and development expenses in connection with
our ongoing activities, particularly as we continue the research,
development and clinical trials of our product candidates,
including multiple simultaneous clinical trials for certain product
candidates.  Until such time, if ever, as we can generate
sufficient product revenues, we expect to finance our cash needs
through a combination of equity offerings, debt financings,
collaborations, licensing arrangements and other marketing and
distribution arrangements.  We also could engage in discussions
with third parties regarding partnerships, joint ventures,
combinations or divestitures of one or more of our businesses as we
seek to further the development of our research programs, improve
our cash position and maximize stockholder value.  There can be no
assurance as to the timing, terms or consummation of any financing,
collaboration, licensing arrangement or other marketing and
distribution arrangement, partnership, joint venture, combination
or divestiture.  We may be unable to raise capital when needed or
on attractive terms, which would force us to delay, limit, reduce
or terminate our research and development programs. We will need to
generate significant revenues to achieve profitability, and we may
never do so."

As of June 30, 2017, Merrimack had $213.45 million in total assets,
$108.97 million in total liabilities and $106.50 million in total
stockholders' equity.

"This quarter's progress, with key hires to the executive team and
advancements in the clinic, has reinforced Merrimack's refined
corporate and clinical strategy.  With a rich, biomarker-driven R&D
pipeline, including data expected in 2018 for each of our lead
assets -- MM-121, MM-141 and MM-310 -- and promising preclinical
programs, we are well positioned to execute on our goals," said
Richard Peters, M.D., Ph.D., president and chief executive officer.


Merrimack continues to believe that its unrestricted cash and cash
equivalents of $135.5 million as of June 30, 2017, together with
the potential net milestone payments anticipated from Shire, will
be sufficient to fund its planned operations into the second half
of 2019.

In April, Merrimack received a $575.0 million upfront cash payment
from Ipsen in connection with its asset sale, from which Merrimack
fully paid off $175.0 million of outstanding Senior Secured Notes
due in 2022; paid a special cash dividend of $140.0 million to
stockholders in May; and invested approximately $125.0 million into
the further development of its streamlined oncology pipeline.

Research and development expenses from continuing operations for
the three months ended June 30, 2017, were $19.8 million, compared
to $27.7 million for the three months ended June 30, 2016.  This
represents a decrease of $7.9 million primarily due to Merrimack's
transition to a refocused clinical and preclinical pipeline and
offset by a one-time charge related to stock-based compensation.

General and administrative expenses from continuing operations for
the three months ended June 30, 2017, were $14.8 million, compared
to $8.1 million for the three months ended June 30, 2016.  This
represents an increase of $6.7 million, primarily due to costs
associated with the transition following the asset sale, including
legal expenses and stock-based compensation.

                Second Quarter and Recent Highlights

Key events from the second quarter and more recently include:

   * Expansion of Merrimack's executive team with key
     appointments:

       -- Dr. Sergio Santillana, a medical oncologist and former
          chief medical officer at Ariad Pharmaceuticals with
          extensive industry experience leading a wide range of
          clinical development programs, as chief medical officer;

       -- Ellen Forest, an experienced human resources executive
          and former director of Human Resources at Baxalta, as
          Head of Human Resources; and

       -- Thomas Needham, a 25-year industry veteran, experienced
          dealmaker and former Senior Vice President of Business
          Development at C4 Therapeutics, as chief business
          officer.

   * Completion of enrollment in the Phase 2 randomized, double-
     blind, placebo-controlled CARRIE study of MM-141 in
     combination with standard of care in previously untreated
     patients with metastatic pancreatic cancer who have high
     serum levels of free IGF-1.  MM-141 is an inhibitor of the
     PI3K/AKT/mTOR signaling pathway, targeting the IGF-1 and HER3

     receptors.  Merrimack expects to report data in the first
     half of 2018.

Upcoming Milestones

Merrimack anticipates the following upcoming clinical milestones:

   * Initiation this year of the SHERBOC trial, a Phase 2
     randomized, double-blind, placebo-controlled clinical study
     of MM-121 added to standard of care in patients with
     heregulin positive, hormone receptor positive, HER2 negative
     metastatic breast cancer;

   * Top-line results in the first half of 2018 from the Phase 2
     randomized, double-blind, placebo-controlled CARRIE study of
     MM-141 in combination with standard of care in previously
     untreated patients with metastatic pancreatic cancer who have

     high serum levels of free IGF-1;

   * Top-line results in the second half of 2018 from the Phase 2
     randomized SHERLOC study of MM-121 added to standard of care
     in patients with heregulin positive non-small cell lung
     cancer; and

   * Safety data and the recommended Phase 2 dose in the second
     half of 2018 from the Phase 1 clinical study of MM-310 in
     patients with solid tumors.

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

                      https://is.gd/jdJDtJ

                        About Merrimack

Cambridge, Mass.-based Merrimack Pharmaceuticals, Inc., a
biopharmaceutical company discovering, developing and preparing to
commercialize innovative medicines consisting of novel
therapeutics paired with companion diagnostics.  The Company's
initial focus is in the field of oncology.  The Company has five
programs in clinical development.  In it most advanced program,
the Company is conducting a pivotal Phase 3 clinical trial.

Merrimack reported a net loss of $153.5 million on $144.3 million
of total revenues for the year ended Dec. 31, 2016, compared to a
net loss of $147.8 million on $89.25 million of total revenues for
the year ended Dec. 31, 2015.

PricewaterhouseCoopers LLP, in Boston, Massachusetts, issued a
"going concern" qualification on the consolidated financial
statements for the year ended Dec. 31, 2016, noting that the
Company has negative working capital and cash outflows from
operating activities that raise substantial doubt about its ability
to continue as a going concern.


MICROVISION INC: Requires More Capital to Continue as Going Concern
-------------------------------------------------------------------
MicroVision, Inc., filed its quarterly report on Form 10-Q,
disclosing a net loss of $5.49 million on $1.45 million of total
revenue for the three months ended June 30, 2017, compared with a
net loss of $3.48 million on $4.15 million of total revenue for the
same period in 2016.  

For the six months ended June 30, 2017, the Company listed a net
loss of $11.14 million on $2.24 million of total revenue, compared
to a net loss of $7.03 million on $7.86 million of total revenue
for the same period in the prior year.

The Company's balance sheet at June 30, 2017, reflected $29.91
million in total assets, $26.09 million in total liabilities, and a
stockholders' equity of $3.82 million.

The Company has incurred significant losses since inception.  It
has funded operations to date primarily through the sale of common
stock, convertible preferred stock, warrants, the issuance of
convertible debt and, to a lesser extent, from development contract
revenues, product sales, and licensing activities.  At June 30,
2017, the Company had $17.7 million in cash and cash equivalents.

Based on the Company's current operating plan that includes
expected proceeds from a development contract signed in April 2017
with a major technology company, the Company anticipates that it
has sufficient cash and cash equivalents to fund its operations
through December 2017.  The Company's receipt of proceeds under its
April 2017 development contract is subject to its completion of
certain milestones, and the Company can provide no assurance that
such milestones will be completed.  The Company will require
additional capital to fund its operating plan past that time. The
Company plans to obtain additional capital through the issuance of
equity or debt securities, product sales and/or licensing
activities.  There can be no assurance that additional capital will
be available to them or, if available, will be available on terms
acceptable to the Company or on a timely basis.  If adequate
capital resources are not available on a timely basis, the Company
intends to consider limiting its operations substantially.  This
limitation of operations could include reducing investments in its
production capacities, research and development projects, staff,
operating costs, and capital expenditures.

These factors raise substantial doubt regarding the Company's
ability to continue as a going concern.

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

                        https://is.gd/rtaJso

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



NEOPS HOLDINGS: Has Interim OK to Obtain DIP Financing, Use Cash
----------------------------------------------------------------
The Hon. Ann M. Nevins of the U.S. Bankruptcy Court for the
District of Connecticut has entered another interim order
authorizing NEOPS Holdings, LLC, et al., to (i) request extensions
of credit under the DIP facility from AHM NEOPS Acquisition, LLC,
of up to $440,000, with aggregate principal amount not to exceed
$1.2 million at any one time outstanding upon the entry of a final
court order; and (ii) use cash collateral.

The DIP Lender is granted continuing, valid, binding, enforceable,
non-avoidable and automatically and properly perfected security
interests in and liens on any and all presently owned and hereafter
acquired personal property, real property and other assets of the
Debtors.

The DIP Lender is granted an allowed super-priority administrative
expense claim in each of the cases and any successor cases for all
DIP obligations.

The Debtors may use Cash Collateral in accordance with the terms
and provisions of the budget solely to meet payroll and, with the
prior written consents required under the postpetition financing
documents, to pay expenses critical to the preservation of the
Debtors and their estates.

The Debtors grant to the prepetition senior lender continuing
valid, binding, enforceable, non-avoidable, and automatically
perfected post-petition security interests in and liens on the DIP
collateral.

The Debtors grant to the prepetition junior lenders continuing,
valid, binding, enforceable, non-avoidable, and automatically
perfected post-petition security interests in and liens on the DIP
collateral.

The prepetition senior lender adequate protection liens will be
junior only to the: (a) carve out; (b) DIP liens; (c) prepetition
senior liens; and (d) permitted prior liens to the extent they were
valid and properly perfected.  The prepetition senior lender
adequate protection liens will otherwise be senior to all other
security interests in, liens on, or claims against any of the DIP
collateral.

The prepetition junior adequate protection liens will be junior
only to the: (a) carve-out; (b) DIP liens; (c) prepetition senior
liens; (d) prepetition senior lender adequate protection liens; (e)
prepetition junior liens to the extent they were valid and properly
perfected; and (f) permitted prior liens to the extent they were
valid and properly perfected.  The prepetition junior adequate
protection liens will be senior to all other security interests in,
liens on, or claims against any of the DIP collateral.

As further adequate protection of the interests of the prepetition
senior lender in the prepetition collateral against any diminution
in value of interests in the prepetition collateral, the
prepetition senior lender is granted an allowed super-priority
administrative expense claim in each of the cases and any successor
cases to the extent of any diminution in value.

The final hearing to consider entry of the final court order and
final approval of the DIP Facility was scheduled for Aug. 14, 2017,
at 11:00 a.m. (Eastern Time).

A copy of the Order is available at:

            http://bankrupt.com/misc/ctb17-31017-91.pdf

                       About NEOPS Holdings

Headquartered in Branford, Connecticut, New England Orthotic --
http://neops.net/-- is a provider of state-of-the-art orthotic and
prosthetic patient care products and services in the eastern United
States.  The partnership was founded by certified orthotists and
prosthetists who were dissatisfied with large impersonal
corporations where the constant pressures of consolidation and cost
containment can hamper effective patient care.

NEOPS Holdings LLC and its affiliates including New England
Orthotic and Prosthetic Systems, LLC, filed for Chapter 11
protection (Bankr. D. Conn. Lead Case No. 17-31017) on July 11,
2017.  The petitions were signed by David Mahler, president and
CEO.

NEOPS Holdings estimated its assets at between $1 million and $10
million and its liabilities at between $10 million and $50 million.
New England Orthotic estimated its assets at up to $50,000 and
liabilities at between $1 million and $10 million.

Judge Ann M. Nevins presides over the case.

James Berman, Esq., and Joanna M. Kornafel, Esq., at Zeisler &
Zeisler, P.C., serve as the Debtors' bankruptcy counsel.


NEW ENGLAND MECHANICAL: Needs Cash for September 2017 Expenses
--------------------------------------------------------------
New England Mechanical Coordination & Consulting, LLC, filed with
the U.S. Bankruptcy Court for the District of New Hampshire a third
motion for authorization to the continued use of $75,000 of cash
collateral for a period of 30 days, subject to providing People's
United Bank and/or the Internal Revenue Service and United States
of America with the adequate protection.

The Budget for the period between Sept. 1, 2017, and Sept. 30,
2017, limits the amount of cash collateral which the Debtor may
spend during the use period to $54,460.  It also shows, among other
things, that:

     (a) The Debtor proposes to use $54,460 of its $65,950 in
revenue to pay costs and expenses incurred in the ordinary course
of business.

     (b) The Debtor will be able to pay the costs and expenses
incurred in the ordinary course of business during the Use Period
if it has the ability to spend the Maximum Amount.

     (c) The Debtor should have positive cash flow of $10,740.00
during the Use Period.

The proposed order:

     (a) requires the Debtor to pay the IRS the sum of $1,800 on
the 15th day of September 2017.

     (b) requires the Debtor to pay 1/12th of the annual premiums
becoming due on its general or public liability and property damage
insurance and keep such insurance policies in full force and
effect.

     (c) grants to the IRS and each other record lienholder (other
than People's United Bank) a replacement lien on the Debtor's
Premises on which they hold a lien.

A full-text copy of the Debtor's Third Motion, dated Aug. 8, 2017,
is available at https://is.gd/z2KPPi

A copy of the Debtor's Budget is available at https://is.gd/KS4SLe

                   About New England Mechanical

New England Mechanical Coordination & Consulting, LLC, d/b/a NEMC2,
filed a Chapter 11 petition (Bankr. D.N.H. Case No. 17-10133) on
Feb. 3, 2017.  The petition was signed by Michael A. Zyla, member.
The Debtor disclosed $571,151 in total assets and $2.41 million in
total liabilities.  The case is assigned to Judge Bruce A. Harwood.
The Debtor is represented by William S. Gannon, Esq., at William
S. Gannon PLLC.


NORTHERN CAPITAL: Case Summary & 9 Unsecured Creditors
------------------------------------------------------
Debtor: Northern Capital, Inc.
        5256 S. Mission Rd. #905
        Bonsall, CA 92003
        San Diego

Type of Business:     Northern Capital Inc is a real estate
                      Corporation licensed to practice in
                      California.  The Company's principal place
                      of business is 1654 S. Mission Rd. Fallbrook

                      CA 92028.

Chapter 11 Petition Date: August 13, 2017

Case No.: 17-04845

Court: United States Bankruptcy Court
       Southern District of California (San Diego)

Judge: Hon. Laura S. Taylor

Debtor's Counsel: Alan Vanderhoff, Esq.
                  VANDERHOFF LAW GROUP
                  600 West Broadway, Suite 1550
                  San Diego, CA 92101
                  Tel: (619) 299-2050
                  Fax: (619)239-6554
                  E-mail: alan.vanderhoff@vanderhofflaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Duane Urquhart, president.

The Debtor's list of nine unsecured creditors is available for free
at http://bankrupt.com/misc/casb17-04845.pdf


NP HOLDINGS: Hearing on Plan Outline Approval Set for Sept. 7
-------------------------------------------------------------
The Hon. Jerrold N. Poslusny Jr. of the U.S. Bankruptcy Court for
the District of New Jersey will hold a hearing on Sept. 7, 2017, at
10:00 a.m. to consider the adequacy of NP Holdings, LLC's
disclosure statement referring to the plan of reorganization.

Objections to the disclosure statement must be filed no later than
14 days prior to the hearing.

Headquartered in Sea Isle City, New Jersey, NP Holdings, LLC, filed
for Chapter 11 bankruptcy protection (Bankr. D.N.J. Case No.
17-19083) on May 2, 2017, estimating its assets and liabilities at
between $500,001 and $1 million each.  David A. Kasen, Esq., at
Kasen & Kasen serves as the Debtor's bankruptcy counsel.


NUVERRA ENVIRONMENTAL: Incurs $19.6M Net Loss in Second Quarter
---------------------------------------------------------------
Nuverra Environmental Solutions, Inc., and its subsidiaries filed
with the Securities and Exchange Commission its quarterly report on
Form 10-Q reporting a net loss attributable to common shareholders
of $19.58 million on $41.53 million of total revenue for the three
months ended June 30, 2017, compared to a net loss attributable to
common shareholders of $41.92 million on $33.97 million of total
revenue for the same period during the prior year.

For the six months ended June 30, 2017, Nuverra reported a net loss
attributable to common shareholders of $55.54 million on $80.76
million of total revenue compared to a net loss attributable to
common shareholders of $69.14 million on $80.95 million of total
revenue for the six months ended June 30, 2016.

As of June 30, 2017, Nuverra had $330.7 million in total assets,
$554.9 million in total liabilities and a total shareholders'
deficit of $224.2 million.

Adjusted EBITDA from continuing operations for the second quarter
was $2.1 million, an increase of $2.9 million compared with $(0.8)
million in the first quarter of 2017.  Second quarter adjusted
EBITDA margin from continuing operations was 5.1%, compared with
(2.0)% in the first quarter of 2017.  The Company reported adjusted
EBITDA from continuing operations of $0.3 million and an adjusted
EBITDA margin from continuing operations of 0.9% in the second
quarter of 2016.

Year-to-date revenue was $80.8 million, a decrease of $0.2 million
from $81.0 million for the same period in 2016.  Although rig
counts have increased in 2017 compared to those operating during
the same period in 2016, there is a lag in revenue relative to
newly added rigs, reactivating equipment, and rehiring drivers.
Additionally, revenues in early 2016 were still influenced by
higher rig counts at the end of 2015.  These factors have led to
revenue being nearly flat as compared to the same period in the
prior year.

YTD net loss from continuing operations was $55.5 million, or a
loss of $0.37 per diluted share, compared with a loss of $67.9
million, or a loss of $1.42 per diluted share, for the same period
in 2016.  Excluding special items, YTD adjusted net loss from
continuing operations was $43.2 million, or a loss of $0.29 per
diluted share, compared with adjusted net loss from continuing
operations of $55.9 million, or a loss of $1.17 per diluted share
in 2016.  The $12.4 million in YTD special items primarily included
$15.2 million for capital reorganization costs and $1.0 million in
legal and professional fees, partially offset by a $4.0 million
gain on the change in fair value of the derivative warrant
liability.  Additionally, special items included the gain on the
sale of underutilized assets and stock-based compensation expense.
YTD adjusted EBITDA from continuing operations was $1.3 million, a
decrease of 28.9% when compared with the same period in 2016.
Adjusted EBITDA margin for the 2017 YTD period was 1.7%, compared
with 2.3% in 2016.

Net cash used in operating activities from continuing operations
for the six months ended June 30, 2017 was $13.3 million, while
capital expenditures net of asset sales from continuing operations
provided cash of $0.7 million.  For the six months ended June 30,
2017, free cash flow (defined as net cash used in or provided by
operating activities, less purchases of property, plant and
equipment net of proceeds received from sales of property, plant
and equipment) was negative at $(12.6) million, compared with
negative free cash flow of $(8.7) million during the six months
ended June 30, 2016.

As of June 30, 2017, total debt outstanding was $519.9 million,
including $40.4 million under our 9.875% Senior Notes due 2018,
$357.1 million under our 12.5%/10.0% Senior Secured Second Lien
Notes due 2021, $80.7 million under a term loan, $24.4 million
under a debtor in possession revolving credit facility, $7.5
million under a debtor in possession term loan, $9.8 million in
capital leases for vehicle financings and a note payable for the
purchase of the remaining interest in Appalachian Water Services,
LLC.

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

                    https://is.gd/QmwEwm

                 About Nuverra Environmental

Nuverra Environmental Solutions, Inc. (OTCQB: NESC) provides
environmental solutions to customers focused on the development and
ongoing production of oil and natural gas from shale formations.
The Scottsdale, Arizona-based Company operates in shale basins
where customer exploration and production activities are
predominantly focused on shale and natural gas.

Nuverra Environmental Solutions and its affiliates sought Chapter
11 protection (Bankr. D. Del. Lead Case No. 17-10949) on May 1,
2017.  The Hon. Kevin J. Carey presides over the cases.  The
Bankruptcy Court approved Nuverra Environmental Solutions'
Disclosure Statement and concurrently confirmed its Amended
Prepackaged Chapter 11 Plan of Reorganization on July 25, 2017.

Shearman & Sterling LLP serves as bankruptcy counsel to the
Debtors, with the engagement led by Fredric Sosnick, Esq., Sara
Coelho, Esq., and Stephen M. Blank, Esq.  Young Conaway Stargatt &
Taylor, LLP and Shearman & Sterling LLP is the Debtors'
co-counsel.

AP Services, LLC, is the Debtors' restructuring advisor. Lazard
Freres & Co. LLC and Lazard Middle Market LLC is the investment
banker.  Prime Clerk LLC is the claims and noticing agent.

On May 19, 2017, the U.S. Trustee appointed an official committee
of unsecured creditors.  As of July 2017, David Hargreaves has
resigned from the Committee. Kilpatrick Townsend & Stockton LLP is
counsel and Batuta Capital Advisors LLC is financial advisor to the
committee.  Landis Rath & Cobb LLP serves as Delaware counsel.


OCALA FUNDING: Trustee Selling Mortgage Loans to ABS for $16M
-------------------------------------------------------------
Neil F. Luria, as Litigation Trustee for the Ocala Funding
Litigation Trust, asks the U.S. Bankruptcy Court for the Middle
District of Florida to authorize the sale, on a servicing released
basis, of mortgage loans to ABS Loan Trust II for $15,896,772.

Objections, if any, must be filed within 21 days from the date of
proof of service.

The Debtor, through the Trustee, entered into Mortgage Loan
Purchase and Sale Agreement with ABS for the sale and purchase, on
a servicing released basis, the Mortgage Loans.  The Purchaser has
deposited with the Escrow Agent $1,589,677 as a deposit to be held
and disbursed in accordance with the terms of the Agreement.

The salient terms of the Agreement are:

   a. The sale of the Mortgage Loans is on a servicing released
basis;

   b. The Purchaser may assign the Agreement with the consent of
the Trustee, provided that such consent will not be unreasonably
withheld if the assignment is to an affiliate of Purchaser;

   c. The Initial Purchase Price is $15,896,772;

   d. The Initial Purchase Price will be reduced for each Excluded
Mortgage Loan;

   e. No adjustment will be made to the Purchase Price if any
Mortgage Loan becomes a Nonperforming Mortgage Loan prior to the
Closing Date;

   f. The sale of the Mortgage Loans is conditioned upon (i) the
consent of Deutsche Bank AG, London Branch and BNP Paribas US
Wholesale Holdings Corp (formerly known as BNP Paribas North
America, Inc.), successor by merger to BNP Paribas Mortgage Corp.
("Beneficiaries"), for whose benefit the Litigation Trust holds the
Mortgage Loans, and (ii) the entry of a Final Order by the Court
approving the sale.

A copy of the Agreement attached to the Motion is available for
free at:

       http://bankrupt.com/misc/Ocala_Funding_437_Sales.pdf

Pursuant to Article XIII. I. of the Plan, the Trustee believes that
neither notice to others nor an order of the Court is required in
order to sell the Mortgage Loans to the Purchaser pursuant to the
Agreement.  However, as a condition to the closing under the
Agreement, the Purchaser has required the Trustee to obtain an
order from the Bankruptcy Court authorizing the sale of the
Mortgage Loans to Purchaser.

Because the post-Effective Date sale of the Litigation Trust's
assets is expressly provided for in to Article XIII. C. of the
Plan, the sale constitutes a transfer under a confirmed plan, and
is therefore not subject to tax under any law imposing a stamp tax,
transfer tax or similar tax or fee.

The Trustee asks an exception to nullify the stay imposed by
Bankruptcy Rule 6004(h) and asks that the order approving the sale
be effective and enforceable immediately upon entry, and in the
absence of any stay pending appeal, the Seller and the Purchaser be
permitted to close at any time, subject to the terms of the
Agreement.  The Beneficiaries have consented to the sale of the
Mortgage Loans to the Purchaser pursuant to the Agreement.

The Purchaser:

          ABS LOAN TRUST II
          c/o Marathon Asset Management
          One Bryant Park, 38th Floor
          New York, NY 10036

                        About Ocala Funding

Orange, Florida-based Ocala Funding, LLC, a funding vehicle once
controlled by mortgage lender Taylor Bean & Whitaker Mortgage
Corp., filed a Chapter 11 petition (Bankr. M.D. Fla. Case No.
12-04524) in Jacksonville on July 10, 2012.

Ocala Funding used to be the largest originator and servicer of
residential loans.  Ocala was created by Taylor Bean to purchase
loans originated by TBW and selling the loans to third parties,
Freddie Mac.  In furtherance of this structure Ocala raised money
from noteholders Deutsche Bank AG and BNP Paribas Mortgage Corp.
and other financial institutions, as secured lenders through sales
of asset-backed commercial paper.  Ocala disclosed $1,747,749,787
in assets and $2,650,569,181 in liabilities as of the Chapter 11
filing.

Taylor Bean was forced to file for Chapter 11 relief (Bankr. M.D.
Fla. Case No. 09-07047) on Aug. 24, 2009, amid allegations of
fraud by Taylor Bean's former CEO Lee Farkas and other employees.
Mr. Farkas is now serving a 30-year prison term for 14 counts of
conspiracy and fraud for being the mastermind of a $2.9 billion
bank fraud.  Mr. Farkas allegedly directed the sale of more than
$1.5 billion in fake mortgage assets to Colonial Bank and
misappropriated more than $1.5 billion from Ocala.  TBW's
bankruptcy also caused the demise of Colonial Bank, which for
years was TBW's primary bank.

TBW and its joint debtor-affiliates confirmed their Second Amended
Joint Plan of Liquidation on July 21, 2011, and the TBW Plan
became effective on Aug. 10, 2011.  The TBW Plan established the
TBW Plan Trust to marshal and distribute all remaining assets of
TBW.

Neil F. Lauria, as CRO for TBW and trustee of the TBW Plan Trust,
signed the Chapter 11 petition of Ocala.

Ocala holds 252 mortgage loans with an unpaid balance of $42.3
million as of May 31, 2012.  The Debtor also holds five "real
estate owned" properties resulting from foreclosures.  The Debtor
also holds $22.4 million in proceeds of mortgage loans previously
owned by it that are on deposit in an account in the Debtor's name
at Regions Bank.  It also has an interest in $75 million in cash,
consisting of proceeds of mortgage loans previously owned by the
Debtor, that are in an account maintained by Bank of America, N.A.
as prepetition indenture trustee for the benefit of the
Noteholders.  The Debtor also holds a claim in the current amount
of $1.6 billion against the estate of TBW.

The largest unsecured creditors include the Federal Deposit
Insurance Corp., owed $898,873,958; and Cadwalader, Wickersham &
Taft LLP, owed $1,632,385.

Judge Jerry A. Funk presides over Ocala's case.  Proskauer Rose
LLP and Stichter, Riedel, Blain & Prosser, serve as Ocala's
counsel.  Neil F. Lauria at Navigant Capital Advisors, LLC, serves
as the Debtor's Chief Restructuring Officer.

Ocala implemented a Chapter 11 plan in July 2013 to carry out an
agreement reached before bankruptcy with holders of almost all of
its $1.5 billion in secured and $800 million in unsecured claims.
The plan created a trust to prosecute lawsuits on behalf of
creditors with more than $2.5 billion in claims.

                        About Taylor Bean

Taylor, Bean & Whitaker Mortgage Corp. grew from a small Ocala-
based mortgage broker to become one of the largest mortgage
bankers in the United States.  In 2009, Taylor Bean was the
country's third largest direct-endorsement lender of FHA-insured
loans of the largest wholesale mortgage lenders and issuer of
mortgage backed securities.  It also managed a combined mortgage
servicing portfolio of approximately $80 billion.  The company
employed more that 2,000 people in offices located throughout the
United States.

Taylor Bean sought Chapter 11 protection (Bankr. M.D. Fla. Case
No. 09-07047) on Aug. 24, 2009.  Taylor Bean filed the Chapter 11
petition three weeks after federal investigators searched its
offices.  The day following the search, the Federal Housing
Administration, Ginnie Mae and Freddie Mac prohibited the company
from issuing new mortgages and terminated servicing rights.
Taylor Bean estimated more than $1 billion in both assets and
liabilities in its bankruptcy petition.

Lee Farkas, the former chairman, was sentenced in June to 30 years
in federal prison after being convicted on 14 counts of conspiracy
and bank, wire and securities fraud in what prosecutors said was a
$3 billion scheme involving fake mortgage assets.

Jeffrey W. Kelly, Esq., and J. David Dantzler, Jr., Esq., at
Troutman Sanders LLP, in Atlanta, Ga., and Russel M. Blain, Esq.,
and Edward J. Peterson, III, Esq., at Stichter, Riedel, Blain &
Prosser, PA, in Tampa, Fla., represent the Debtors.  Paul Steven
Singerman, Esq., and Arthur J. Spector, Esq., at Berger Singerman
PA, in Miami, Fla., represent the Committee.  BMC Group, Inc.,
serves as the claims and noticing agent.

Unsecured creditors were expected to receive 3.3% to 4.4% under a
Chapter 11 plan approved in July 2011.


OLD FASHION BUTCHER: Has Cash Use Agreement From Lender
-------------------------------------------------------
Old Fashion Butcher Shop Inc. seeks approval from the U.S.
Bankruptcy Court for the Eastern District of New York, of the
Stipulation and Agreed Order authorizing the Debtor to continue to
use Itria Ventures' collateral in the operations of its business,
made by and between the Debtor and Itria Ventures LLC.

The Debtor has previously entered into a Future Receivables Sale
Agreement, whereby the Debtor sold $125,000 of its future accounts
receivable to Itria Ventures for the sum of $100,000.  Pursuant the
Agreement, the Debtor granted to Itria Ventures a first priority
continuing security interest in its Future Accounts Receivable.
Subsequently, Itria Ventures had made additional advances to the
Debtor under the Agreement.  As of the Petition Date, the Debtor is
indebted and liable to Itria Ventures in the approximate aggregate
principal amount of $116,029.

The Debtor and Itria Ventures have agreed on the Debtor's use of
collateral and the postpetition liens.

Itria Ventures is granted replacement liens and security interests
in the post-petition property of the Debtor, including the proceeds
thereof. Such replacement lien will have the same nature and have
the same extent, validity and order of priority, as the liens and
security interests of Itria Ventures that existed on the Petition
Date.

The replacement lien is subject to a carve-out for: (a) all fees
required to be paid to the Clerk of the Bankruptcy Court and to the
Office of the U.S. Trustee; and (b) the reasonable fees and
expenses of a chapter 7 trustee and professionals not to exceed
$10,000.

Pursuant to the terms of the prepetition agreement, the Debtor will
continue to perform on a daily basis with payment of 12% of credit
cards and EBT charges or $595.24 per business day (whichever is
greater).  The Debtor will also commence payment of an additional
3% of credit cards and EBT charges per business day to cover the
post-petition delinquency or shortfall accumulated due to the
bankruptcy filing. Such payments will continue until such shortfall
is fully paid in the amount not less than $149 per business day.

The Debtor and Star Natural Meats LLC agree that these payments
will include credit card charges and EBT charges process through
Star Natural Meats, pursuant to the terms of the prepetition
agreements.  

The Debtor and Star Natural Meats also agree that they will provide
Itria Ventures an accounting of postpetition receipts from the
Debtor and Star Natural Meats, upon which the postpetition
shortfall will be calculated.

In addition, the Debtor agrees to maintain the collateral including
documents and electronic information supporting the collateral in
good condition and to maintain insurance on the business and
collateral in an amount equal to the pre-petition indebtedness and
will maintain such insurance coverage during the pendency of the
case.

A full-text copy of the Proposed Stipulation and Agreed Order,
dated Aug. 8, 2017, is available at https://is.gd/IqBUT5

Itria Ventures, LLC, is represented by:

          Mimi Stein, Esq.
          Chuhak & Tecson PC
          30 South Wacker Drive
          Chicago, IL 60606
          Phone: 312-855-6109

                - and -

          Michael Moskowitz, Esq.
          Weltman & Moskowitz, LLP
          270 Madison Avenue, Suite 1400
          New York, NY 10016-0601
          Phone: 212-684-7800

                 About Old Fashion Butcher Shop

Old Fashion Butcher Shop Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 17-41006) on March 2,
2017.  The petition was signed by Ioannis Kukularis,
vice-president.  

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

The Debtor's attorney is Corash & Hollender, PC.  Its accountant is
At Tax Accounting Solutions Corp.

No trustee has been appointed, and no committee has been formed or
appointed.


PAC ANCHOR: U.S. Trustee Forms 2-Member Committee
-------------------------------------------------
Peter C. Anderson, U.S. Trustee for the Central District of
California, on Aug. 10 appointed two creditors to serve on the
official committee of unsecured creditors in the Chapter 11 case of
Pac Anchor Transportation, Inc.

The committee members are:

    (1) Juan Francisco Rodriguez
        8644 San Carlos Avenue
        South Gate, CA 90280
        Tel: (310) 505-6818

    (2) Carlos Mosquera
        4134 West 135th Street, Unit B
        Hawthorne, CA 90250
        Tel: (424) 456-0483   

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                 About Pac Anchor Transportation

Pac Anchor Transportation, Inc., consisting of the merger of Pac
Anchor Transportation, Inc., and Green Anchor Lines, Inc., is a
trucking company located in Wilmington, California, that provides
trucking services throughout the western United States.

Pac Anchor filed for Chapter 11 bankruptcy protection (Bankr. C.D.
Cal. Case No. 17-18213) on July 6, 2017.

The Debtor is represented by David R. Haberbush, Esq., Vanessa M.
Haberbush, Esq., and Lane K. Bogard, Esq., at Haberbush &
Associates, LLP, serve as the Debtor's bankruptcy counsel.


PACIFIC DRILLING: Liquidity Constraints Raise Going Concern Doubt
-----------------------------------------------------------------
Pacific Drilling S.A. filed its quarterly report on Form 6-K,
disclosing a net loss of $138.07 million on $67.07 million of
revenues for the three months ended June 30, 2017, compared with a
net income of $8.23 million on $203.71 million of revenues for the
same period in 2016.  

For the six months ended June 30, 2017, Pacific Drilling listed a
net loss of $237.91 million on $172.58 million of revenues,
compared to a net income of $5.72 million on $409.09 million of
revenues for the same period in the prior year.

The Company's balance sheet at June 30, 2017, showed $5.61 billion
in total assets, $3.17 billion in total liabilities, and a
stockholders' equity of $2.43 billion.

Market conditions in the offshore drilling industry in recent years
have led to materially lower levels of spending for offshore
exploration and development by the Company's current and potential
customers on a global basis while at the same time supply of
available drillships has increased, which in turn has negatively
affected its revenue, profitability and cash flows.  As a result,
the Company is engaged in discussions with all of its stakeholders,
including its bank lenders under the 2013 Revolving Credit Facility
and the SSCF and an ad hoc group of holders of the Company's
capital markets indebtedness, regarding a restructuring of the
Company's existing capital structure to be sustainable in the
longer term.

The Sixth Amendments modify or waive application of certain
financial covenants for the fiscal quarters ending on March 31,
2017 and June 30, 2017.  However, the Company expects that it will
be in violation of the maximum leverage ratio covenant in its 2013
Revolving Credit Facility and its SSCF for the fiscal quarter
ending on September 30, 2017.  If the Company is unable to obtain
waivers of such covenants or amendments to the debt agreements,
such covenant default would entitle the Lenders to declare all
outstanding amounts under such debt agreements to be immediately
due and payable.  Such acceleration would also trigger the
cross-default provisions of the Company's 2017 Senior Secured
Notes, the Senior Secured Term Loan B and the 2020 Senior Secured
Notes.

If the Company is unable to refinance its 2017 Senior Secured Notes
prior to its maturity in December 2017, and refinance its 2018
Senior Secured Term Loan B and its 2013 Revolving Credit Facility
prior to their maturity in June 2018, or complete a restructuring
and current market conditions persist, the Company may not have
sufficient liquidity to meet its debt obligations over the next
year following the date of the issuance of these financial
statements.  As such, this condition gives rise to substantial
doubt about the Company's ability to continue as a going concern.

A copy of the Form 6-K is available at:

                        https://is.gd/xTPB6V

Based in Luxembourg, Pacific Drilling S.A. is an international
offshore drilling contractor.  The Company's primary business is to
contract its high-specification rigs, related equipment and work
crews, primarily on a day rate basis, to drill wells for its
clients.  The Company's contract drillships operate in the
deepwater regions of the United States, Gulf of Mexico and Nigeria.


PAWN AMERICA: Plans to Pay $450K to Unsecured Creditors in 5 Years
------------------------------------------------------------------
Pawn America Minnesota, LLC, has proposed a Chapter 11 plan that
would allow the company and its affiliate Pawn America Wisconsin,
LLC to reorganize.

The plan filed on August 10 with the U.S. Bankruptcy Court for the
District of Minnesota also provides for the liquidation of another
affiliate Exchange Street, Inc.

According to the plan, all properties owned by Pawn America
Minnesota and Pawn America Wisconsin prior to their bankruptcy
filing will vest in the reorganized companies.  Both companies will
continue operating pawn and retail stores after the plan is
approved by the court.

The plan places unsecured claims against Pawn America Minnesota and
Pawn America Wisconsin in Class C.  The total amount of these
claims is estimated at $4.5 million.

Creditors holding Class C claims will receive their pro rata share
of $450,000, paid in five annual installments of $90,000.  The
initial payment will be made on March 10 next year.

Meanwhile, Exchange Street will be deemed to have transferred all
of its assets to Pawn America Minnesota on the effective date of
the plan.  

Pawn America Minnesota will liquidate all those assets and
distribute the net proceeds to its senior lender TBK Bank, SSB and
unsecured creditors.  The bank will receive 80% of the proceeds
while creditors holding Class D unsecured claims will receive the
remaining 20%.

If certain assets of Exchange Street are not liquidated by April 30
next year, Pawn America Minnesota will pay the book value of the
remaining assets and distribute them to creditors of the company.
Exchange Street will cease to exist as a corporation on the
effective date of the plan.

Creditors of Exchange Street holding Class D unsecured claims will
receive their pro rata share of 20% of the net proceeds of the
liquidation of the company's assets.  These amounts will be paid no
later than April 30 next year.

Payments under the plan will be funded primarily from revenues
generated by the liquidation of Exchange Street; the reorganized
companies' ongoing operations; the infusion of capital in exchange
for new equity; and access to the $1 million secured revolving loan
to be provided by Capital Managers, LLC, according to the
disclosure statement, which explains the companies' proposed joint
plan of reorganization and liquidation.

A copy of the disclosure statement is available for free at
https://is.gd/vzg3jE

                       About Pawn America

Founded in 1991, Pawn America -- http://www.pawnamerica.com/-- is

engaged in the business of retail sale of used merchandise,
antiques, and secondhand goods.  It currently operates 24 stores in
Minnesota, Wisconsin, South Dakota, and North Dakota and employs
more than 500 people.  It also founded and operates Payday
America, CashPass and MyBridgeNow.

Pawn America Minnesota, LLC, d/b/a Pawn America, and its affiliates
Pawn America Wisconsin, LLC, and Exchange Street, Inc. filed
Chapter 11 petitions (Bankr. D. Minn. Lead Case No. 17-31145) on
April 12, 2017.  The petitions were signed by Bradley K. Rixmann,
chief manager.  

At the time of filing, each of the Debtors estimated $10 million to
$50 million in both assets and liabilities.

Stinson Leonard Street LLP serves as bankruptcy counsel to the
Debtors.  BGA Management, LLC, is the Debtors' financial advisor.

On April 25, 2017, the U.S. Trustee for Region 12 appointed an
official committee of unsecured creditors.  Foley & Mansfield,
PLLP, is bankruptcy counsel to the committee.


PEEKAY ACQUISITIONS: TLA's $30M Credit Bid to Open Oct. 25 Auction
------------------------------------------------------------------
Peekay Acquisitions, LLC, and affiliates ask the U.S. Bankruptcy
Court for the District of Delaware to authorize bidding procedures
and their asset and purchase agreement with TLA Acquisition Corp.
in connection with the sale of substantially all assets for
$30,000,000, subject to overbid.

The Debtors have been actively marketing their assets since March
2016, the result of which is the proposed Stalking Horse APA.  At
the same time, their liquidity has grown tighter and tighter,
thereby necessitating these Chapter 11 Cases and approval of the
Bid Procedures.

Although they have been marketing their assets for more than 17
months, the proposed Bid Procedures contemplate a marketing process
in the Chapter 11 Cases and a bid deadline of Oct. 18, 2017.  The
Debtors believe that the marketing period, which will have spanned
approximately 17 months prior to the Petition Date and
approximately 9 weeks during the Chapter 11 Cases, is a reasonable
and sufficient period to solicit bids on their assets.  These
marketing efforts will be sufficient to ensure the highest and best
offer, particularly in light of the Debtors' limited financing
options, ongoing cash needs and extensive, multi-year prepetition
marketing efforts.  Further, they believe that a delayed process
likely would lead to the deterioration of the operating performance
of the business and the value of their assets.

The salient terms of the Stalking Horse APA are:

   a. Purchase Price: In consideration for the Acquired Assets, the
Buyer will assume the Assumed Liabilities and $30,000,000 to be
paid by Credit Bid pursuant to a dollar-for-dollar reduction of the
Term Loan A Claims held by the Buyer.

   b. Purchase Price Allocation: No later than 45 days following
the Closing, the Buyer will deliver to the Selling Entities an
allocation of the Purchase Price (and the Assumed Liabilities)
among the Acquired Assets.  The Selling Entities agree to file all
Tax Returns consistent with the Allocation unless otherwise
required by applicable Law.  The Court will not be required to
apply the Allocation in determining the manner in which the
Purchase Price should be allocated as between the Selling Entities
and their respective estates.

   c. Acquired Assets: The Acquired Assets constitute substantially
all of the Selling Entities' assets, including, without limitation:
(i) all Cash; (ii) all Accounts Receivable; (iii) all Inventory,
Merchandise, Display Merchandise, supplies and materials; (iv) all
restricted cash deposits of the Selling Entities held by any party
and relating to the Acquired Assets, all Credit Card Deposits, all
royalties, advances, prepaid and deferred assets, security and
other deposits, prepayments and other current assets; (v) Non-Real
Property Contracts, the Real Property Leases and the Additional
Assumed Contracts; (vi) all Seller IP; (vii) Assumed Purchase
Orders; (viii) all items of machinery, equipment, supplies,
furniture, fixtures, leasehold improvements and other tangible
personal property and fixed assets; (ix) all books, records,
information, files, data and plans, advertising and promotional
materials and similar items; (x) all claims and causes of action;
(xi) all goodwill associated with the Business or the Acquired
Assets; (xii) all rights of the Selling Entities under
non-disclosure or confidentiality, non-compete, or non-solicitation
agreements; (xiii) all of the Permits related to the Acquired
Assets; (xix) amounts of, or rights to, any insurance claims made
or proceeds received in respect of Acquired Assets or Assumed
Liabilities; (xv) all rights under or arising out of insurance
policies in respect of the Business or the Acquired Assets; (xvi)
any rights, demands, claims, credits, allowances, rebates and
rights of setoff arising out of or relating to any of the Acquired
Assets; (xvii) all telephone and facsimile numbers, web sites, web
domain names and addresses; (xviii) all rights of the Selling
Entities' in and to the company headquarters location and all
warehouse and distribution facilities; and (xix) all other assets
related to, used in connection with, or necessary for the
ownership, operation and management of the Acquired Assets, the
Business, and the Stores.

   d. Assumed Liabilities: The Assumed Liabilities are limited to:
(i) the Liabilities arising solely and directly under the Assumed
Contracts from and after the date assumed and assigned to Buyer;
(ii) the Liabilities arising solely and directly under the Assumed
Purchase Orders; (c) all Taxes to the extent expressly payable by
the Buyer; (d) all Consumer Liabilities; (e) the Allowed 503(b)(9)
Claims, if any, up to the 503(b)(9) Claim Cap; and (f) Liabilities
solely and directly with respect to Transferred Employees arising
on and after the Closing Date.

   e. Cure Payments: Prior to the Auction, the Buyer will determine
Assigned Contracts, subject to removal of Assigned Contracts by
Buyer prior to Closing.  The Selling Entities will promptly pay all
Cure Amounts in connection with such assumption and assignment of
the Assigned Contracts.  The Selling Entities will also promptly
pay all Cure Amounts in connection with the assumption and
assignment of any Additional Assumed Contracts.

   f. Closing: The closing of the sale of the Acquired Assets and
the assumption of the Assumed Liabilities will take place remotely
via the exchange of documents and signatures no later than the
second Business Day following the date on which the conditions set
forth in Article 8 of the Stalking Horse APA have been satisfied .

   g. Good Faith Deposit: No deposit is required of the Stalking
Horse Bidder.  However, a good faith deposit is required for all
other Qualified Bidders as set forth in the Bid Procedures.

   h. Terms: Free and clear of all Encumbrances

   i. Relief from Bankruptcy Rule 6004: The Stalking Horse APA
requires the Closing to within 80 days following the Petition Date.
Accordingly, the Debtors request that the Bankruptcy Court waive
the 14-day stay period under Bankruptcy Rule 6004(h).

The salient terms of the Bidding Procedures are:

   1. Credit Bid Cap: The Stalking Horse Bidder's Credit Bid will
not exceed $31 million.

   2. Minimum Initial Bid: The aggregate sum of (i) the Stalking
Horse bid, plus (ii) the initial overbid amount of $100,000 (i.e.,
$30,100,000)

   3. Qualified Bidder Deposit: 10% of the Minimum Initial Bid

   4. Bid Deadline: Oct. 18, 2017 at 12:00 p.m. (ET)

   5. Auction: The Auction will commence at 10:00 a.m. (ET) on Oct.
25, 2017 at the offices of Landis Rath & Cobb, LLP, 919 Market
Street, Suite 1800, Wilmington, Delaware.

   6. Baseline Bid: The highest Qualified Bid received by the Bid
Deadline

   7. Minimum Overbid Increment: $100,000

   8. Sale Hearing: The Sale Hearing will be conducted by the
Bankruptcy Court on a date and time to be determined.

   9. Sale Objection Deadline: 4:00 p.m. (ET) on the date that is
seven days prior to the Sale Hearing.

A copy of the Stalking Horse APA and the Bidding Procedures
attached to the Motion is available for free at:

    http://bankrupt.com/misc/Peekay_Acquisition_26_Sales.pdf

The Stalking Horse Bidder is a Qualified Bidder, and the Stalking
Horse APA is a Qualified Bid.  The Stalking Horse Bidder, or its
designee or assignee, is entitled to credit bid all or a portion of
its secured claims against the Debtors, without otherwise complying
with the Bid Procedures, to the fullest extent permissible under
Bankruptcy Code section 363(k).  The Stalking Horse Bidder's Credit
Bid will not exceed the Credit Bid Cap.

The Debtors ask, upon and in connection with the Closing, to change
their corporate names and the caption of these Chapter 11 Cases,
consistent with applicable law.  They will file a notice of change
of case caption, containing the new caption and the proposed new
corporate names of the Debtors, within 10 business days of the
Closing, and the change of case caption for these Chapter 11 Cases
will be deemed effective as of the Closing.

Within five business days of the Petition Date, the Debtors will
provide the Stalking Horse Bidder the Contract Schedule.  No later
than 15 days prior to the Sale Hearing, they will serve the Cure
Notice on the non-Debtor counterparties to all Contracts on the
Contracts Schedule.  Contract Objection Deadline is 4:00 p.m. (ET)
on the date that is seven days prior to the Sale Hearing.

Prior to the Petition Date, the Debtors were in default of their
obligations under the Prepetition Financing Agreement.  In light of
their deteriorating cash position and lack of realistic stand-alone
restructuring options, the Debtors have determined, in the exercise
of their reasonable business judgment, that the most effective way
to maximize the value of their estates for the benefit of their
constituents is to sell the Acquired Assets pursuant to Bankruptcy
Code section 363 to the highest otherwise best bid.

The Debtors further ask the Court to waive the 14-day stay periods
under Bankruptcy Rules 6004(h) and 6006(d).

The Purchaser:

          TLA ACQUISITION CO.
          c/o Chatham Capital
          1230 Peachtree Street NE, Suite 1750
          Atlanta, GA 30309
          Attn: Jeffrey Hagar
          Telephone: (770) 618-2115
          E-mail: jh@chathamcapital.com

The Purchaser is represented by:

          Steven J. Reisman, Esq.
          Shaya Rochester, Esq.
          Joshua Geller, Esq.
          CURSTIS, MALLET-PREVOST, COLT & MOSLE LLP
          101 Park Avenue, 35th Floor
          New York, NY 10178
          Telephone: (212) 696-6065
                     (212) 696-6037
                     (212) 696-6953
          Facsimile: (212) 697-1559
          E-mail: sreisman@curtis.com
                  srochester@curtis.com
                  jgeller@curtis.com

                     About Peekay Acquisition

Headquartered in Auburn, Washington, Peekay --
http://www.loverspackage.com-- is a specialty retailer of a broad
selection of lingerie, sexual health and wellness products and
accessories.  Peekay's mission is to provide a warm and welcoming
retail environment for individuals and couples to explore sexual
wellness.  Peekay currently owns and operates 47 retail stores
across six states under the brand names "Christals," "LoVerS,"
"ConReV" and A. "A Touch of Romance."

Peekay Acquisitions, LLC and affiliates, each sought Chapter 11
protection on (Bankr. D. Del. Case No. 17-11722(BLS)) on Aug. 10,
2017.  The petitions were signed by Albert Altro, chief
restructuring officer.

Peekay Acquisition estimated its assets at between $10 million and
$50 million and its debts at between $50 million and $100 million.

Judge Brendan Linehan Shannon presides over the cases.

Landis Rath & Cobb LLP serves as the Debtors' bankruptcy counsel.

SSG Advisors, LLC, is the Debtors' investment banker.

Traverse, LLC, is the Debtors' financial advisor.

Rust Consulting/Omni Bankruptcy -- http://omnimgt.com-- Debtors'
claims and noticing agent.

The Debtors can be reached at:

          PEEKAY BOUTIQUES, INC.
          901 W. Main Street, Suite A
          Auburn, WA 98001
          Attn: Lisa Berman, CEO
          Telephone: (253) 351-5001 x 118 *
          E-mail: lisa@peekay.com


PENINSULA AIRWAYS: Wants Authority to Use FNBA Cash Collateral
--------------------------------------------------------------
Peninsula Airways, Inc., d/b/a PenAir, seeks authorization from the
U.S. Bankruptcy Court for the District of Alaska for the use of its
cash collateral for the expenses set forth in the proposed budget.

The proposed budget provides total cash outflow in the aggregate
sum of $7,661,430 covering the weeks ending Aug. 13 through Sept.
8, 2017.

The Debtor believes that First National Bank Alaska is the only
creditor holding a valid first position security interest in
Debtor's cash collateral, and that no other creditor holds or claim
to hold a security interest in Debtor's Cash Collateral.  First
National Bank has indicated its consent to the Debtor's use of cash
collateral, but both parties desire an order of the Court which
specifies the terms of such use, and which deals with the
possibility of other creditors claiming a security interest in cash
collateral.

Among other things, the proposed Order provides that, in order to
provide adequate protection to First National Bank for the Debtor's
use of cash collateral, First National Bank will have a
postpetition lien on Debtor's cash collateral, on all other
postpetition assets of the Debtor including, without limitation,
all assets of the Debtor in which First National Bank holds a valid
perfected lien.

The proposed order also provides that termination of the Order
occurs on the earliest of the following (a) Sept. 3, 2017, or (b)
entry of any order of the Court which amends or terminates the
Order.

A full-text copy of the Debtor's Motion, dated Aug. 8, 2017, is
available at https://is.gd/thC4Xf

                    About Peninsula Airways

Founded in 1955 by Orin Seybert in Pilot Point, Alaska, PenAir is
one of the oldest family owned airlines in the United States.  It
is Alaska's second largest commuter airline operating an extensive
scheduled passenger and cargo service, as well as charter and
medevac services, and also operates scheduled passenger service in
several regions of the continental U.S. Its main base is Ted
Stevens Anchorage International Airport, with other hubs located at
Portland International Airport in Oregon, Boston Logan
International Airport in Massachusetts and Denver International
Airport in Colorado.  PenAir currently has a code sharing agreement
in place with Alaska Airlines with its flights operated in the
state of Alaska as well as all of its flights in the lower 48
states appearing in the Alaska Airlines system timetable.

Peninsula Airways, Inc., d/b/a PenAir, filed a Chapter 11 petition
(Bankr. D. Alaska Case No. 17-00282) on Aug. 6, 2017.  The petition
was signed by Daniel P. Seybert, president. The case is assigned to
Judge Gary Spraker.  The Debtor is represented by Cabot C.
Christianson, Esq., at the Law Offices of Cabot Christianson, P.C.
At the time of filing, the Debtor estimated assets and liabilities
ranging from $10 million to $50 million.


POPI TRADING: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Popi Trading Inc.
           dba Liner American Services NA
        225 Broaday, Suite 2701
        New York, NY 10007

Type of Business: Freight Transportation Arrangement

Chapter 11 Petition Date: August 14, 2017

Case No.: 17-12246

Court: United States Bankruptcy Court
       Southern District of New York (Manhattan)

Judge: Hon. Michael E. Wiles

Debtor's Counsel: Jeremy S. Sussman, Esq.
                  THE LAW OFFICES OF JEREMY S. SUSSMAN
                  225 Broadway, Suite 3800
                  New York, NY 10007
                  Tel: 646-322-8373
                  E-mail: sussman@sussman-legal.com

Total Assets: $331,305

Total Liabilities: $2.15 million

The petition was signed by Pablo J Silva, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/nysb17-12246.pdf


PRATT WELL: Plan Outline Okayed; Plan Hearing on Sept. 14
---------------------------------------------------------
Pratt Well Service, Inc., is now a step closer to emerging from
Chapter 11 protection after a bankruptcy judge approved the outline
of its plan of reorganization.

Judge Robert Nugent of the U.S. Bankruptcy Court for the District
of Kansas on Aug. 10, 2017, gave the thumbs-up to the disclosure
statement after finding that it contains "adequate information."

The order set a Sept. 11 deadline for creditors to file their
objections and cast their votes accepting or rejecting the plan.

An evidentiary hearing to consider confirmation of the plan is
scheduled for September 14.

Under Pratt Well's latest plan, general unsecured creditors will
not receive any payment.  

Payments under the plan will be made from net income generated from
the company's oil and gas interests and the net income of Greenwood
Resources, LLC, according to court filings.

                  About Pratt Well Service Inc.

Pratt Well Service Inc. is an oil and gas servicing company based
in Pratt, Kansas.  

Pratt Well Service Inc. filed a Chapter 11 bankruptcy petition
(Bankr. D. Kan.
Case No. 16-11224) on June 30, 2016.  The petition was signed by
Kenneth C. Gates, president.  The Debtor disclosed $7.47 million in
assets and $4.94 million in liabilities.

The case is assigned to Judge Robert E. Nugent.  

J. Michael Morris, Esq., at Klenda Austerman LLC, serves as the
Debtor's bankruptcy counsel.  The Debtor hired Patton, Cramer &
Laprad, Chtd. as accountant; and Hinkle Law Firm, LLC and Johnston,
Eisenhauer, Eisenhauer & Lynch, LLC as special counsel.

On June 27, 2017, the Debtor filed a Chapter 11 plan of
reorganization and disclosure statement.


PROVINCE GRANDE: High Court Says It Erred in PEM Entities Dispute
-----------------------------------------------------------------
Alex Wolf, writing for Bankruptcy Law360, reports that the U.S.
Supreme Court admitted it erred in June when it took up the
Province Grande Olde Liberty LLC dispute with PEM Entities LLC over
whether debt used to finance the acquisition of a golf and
residential real estate development was correctly recharacterized
as equity after the original loan was sold to settle a foreclosure.


According to Law360, the Supreme Court said it "improvidently
granted" certiorari to a lender that purchased a $6.5 million
defaulted loan for $1.2 million only to see the value of its claim
against the Debtor decrease to $300,000 when the Bankruptcy Court
ruled that it was actually an equity investment in the Debtor.
Law360 recalls that the case was taken up by the justices after the
Fourth Circuit affirmed the Bankruptcy Court's ruling.  The
justices dismissed the petition in their tersely worded corrective
order last Thursday, the report says.

                      About Province Grande

Province Grande Olde Liberty, LLC, filed a voluntary Chapter 11
petition (Bankr. E.D.N.C. Case No. 13-01563) on March 11, 2013.  As
of the date of the petition, the Debtor's principal asset consisted
of developed and undeveloped land, divided into lots, in the Olde
Liberty Golf and Country Club, a golf and single-family home
development project in Franklin County, North Carolina.


QUADRANT 4: Creditors' Panel Hires Amherst as Financial Advisor
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of Quadrant 4 System
Corporation seeks authorization from the U.S. Bankruptcy Court for
the Northern District of Illinois to retain Amherst Partners, LLC
as financial advisor for the Committee, retroactive to July 6,
2017.

The Committee requires Amherst to:

     a. review and analysis of the Debtor's financial condition and
the circumstances leading up to the current financial distress,
current business plan, and operating metrics as a basis, in part,
for evaluating the prospects for a financial recovery and viable
plan of treatment for unsecured creditors;

     b. assist the Committee's review of the financial and cash
flow projections and cash collateral budgets to evaluate the risks
and opportunities represented or inherent therein;

     c. assist the Debtor and its professionals in marketing the
Debtor's assets for sale, advise the Committee regarding the terms
of any sales of assets or plans of reorganization or liquidation,
and assist the Committee in negotiations with the Debtor, its
secured creditors, and other parties in interest;

     d. review and/or assist in the analysis of potential chapter 5
recoveries (e.g., preferential transfers and fraudulent
conveyances) and other related litigation;

     e. evaluate other assets and claims available to the unsecured
creditors and their estimated value, if any; and

     f. assist the Committee and its counsel in developing
strategies and related negotiations with the Debtor and other
interested parties with respect to elements of the Debtor's
treatment to the unsecured creditors or alternative proposals.

Amherst will be paid at these hourly rates:

     Partners                    $400
     Managing Directors          $375
     Directors                   $325
     Associates                  $250
     Accounting                  $150
     Paraprofessional            $100

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

Sheldon Stone, partner at Amherst Partners, LLC, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Amherst may be reached at:

     Sheldon Stone
     Amherst Partners, LLC
     255 East Brown Street, Suite 120
     Birmingham, MI 48009
     Tel: 248.633.2135
     E-mail: sstone@amherstpartners.com

                About Quadrant 4 System

Quadrant 4 System Corporation (OTC:QFOR) -- http://www.qfor.com/--
sells IT products and services.  Its revenues are primarily
generated from the placement of staffing or solution consultants,
and the sale and licensing of its proprietary cloud-based Software
as a Service (SaaS) systems, as well as a wide range of technology
oriented services and solutions.  Quadrant's principal executive
offices are located in Schaumburg Illinois. The Company also
operates its business from various offices located in Naples,
Florida; Alpharetta, Georgia; Bingham Farms, Michigan; Cranbury,
New Jersey; Pleasanton, California; and Ann Arbor, Michigan.

Quadrant 4 System is the 100% owner of the issued and outstanding
common stock of Stratitude, Inc., a California corporation, which
it acquired on or about Nov. 3, 2016.  Concurrently with the
Stratitude Acquisition, Stratitude acquired certain of the assets
of Agama Solutions, Inc., a California corporation.  Both
Stratitude and Agama are located in Pleasanton and Fremont,
California and are engaged in the IT business.

Quadrant 4 System disclosed total assets of $47.05 million and
total liabilities of $31.39 million as of Sept. 30, 2016.

Quadrant 4 System filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 17-19689) on June 29, 2017.   Robert H. Steele, the CEO,
signed the petition.

Quadrant 4, which was subject to a securities fraud probe that led
to the arrest and resignation of its top two executives seven
months ago, sought Chapter 11 protection after reaching a
settlement with the U.S. Securities and Exchange Commission and
signing deals to sell four business segments for at least $6.9
million.

The Chapter 11 case is assigned to Judge Jack B. Schmetterer.

The Debtor's attorneys are Chad H. Gettleman, Esq. and Nathan Q.
Rugg, Esq. at Adelman & Gettleman, Ltd.

Silverman Consulting Inc., is the Debtor's financial consultants,
and Livingstone Partners, LLC, is the investment banker.

An official committee of unsecured creditors has been appointed in
the Chapter 11 Case.


QUADRANT 4: Creditors' Panel Hires Sugar Felsenthal as Counsel
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of Quadrant 4 System
Corporation seeks authorization from the U.S. Bankruptcy Court for
the Northern District of Illinois to retain Sugar Felsenthal Grais
& Hammer LLP as counsel for the Committee, retroactive to July 6,
2017.

The Committee requires Sugar Felsenthal to:

      a. advise the Committee on all legal issues as they arise;

      b. represent and advise the Committee regarding the terms of
any asset sales or plans of reorganization or liquidation, and
assist the Committee in negotiations with the Debtor, its secured
creditors, and other parties in interest;

      c. investigate the Debtor's assets and pre-bankruptcy
conduct, and investigate the validity, priority and extent of any
liens asserted against the Debtor's assets;

      d. prepare all necessary pleadings, reports, and other papers
on the Committee's behalf;

      e. represent and advise the Committee in all proceedings in
this case;

      f. assist and advise the Committee in its administration;
and

      g. provide other services as are customarily provided by
counsel to a creditors' committee in cases of this kind.

Sugar Felsenthal lawyers and paraprofessionals who will work on the
Debtor's case and their hourly rates are:

     Aaron L. Hammer, senior partner            $795  
     Michael A. Brandess, partner               $495
     Jeffrey M. Goldberg, associate             $325

Sugar Felsenthal professionals hourly rates:

     Senior partner                             $795
     Associate                                  $325
     Paraprofessional                           $90-$275

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

Aaron L. Hammer, Esq., partner at Sugar Felsenthal Grais & Hammer
LLP, assured the Court that the firm is a "disinterested person" as
the term is defined in Section 101(14) of the Bankruptcy Code and
does not represent any interest adverse to the Debtor and its
estates.

Sugar Felsenthal may be reached at:

      Aaron L. Hammer, Esq.
      Sugar Felsenthal Grais & Hammer LLP
      30 North LaSalle Street
      Chicago, IL  60602
      Tel: 312.704.9400
      Fax: 312.372.7951

                  About Quadrant 4 System

Quadrant 4 System Corporation (OTC:QFOR) -- http://www.qfor.com/--
sells IT products and services.  Its revenues are primarily
generated from the placement of staffing or solution consultants,
and the sale and licensing of its proprietary cloud-based Software
as a Service (SaaS) systems, as well as a wide range of technology
oriented services and solutions.  Quadrant's principal executive
offices are located in Schaumburg Illinois. The Company also
operates its business from various offices located in Naples,
Florida; Alpharetta, Georgia; Bingham Farms, Michigan; Cranbury,
New Jersey; Pleasanton, California; and Ann Arbor, Michigan.

Quadrant 4 System is the 100% owner of the issued and outstanding
common stock of Stratitude, Inc., a California corporation, which
it acquired on or about Nov. 3, 2016.  Concurrently with the
Stratitude Acquisition, Stratitude acquired certain of the assets
of Agama Solutions, Inc., a California corporation.  Both
Stratitude and Agama are located in Pleasanton and Fremont,
California and are engaged in the IT business.

Quadrant 4 System disclosed total assets of $47.05 million and
total liabilities of $31.39 million as of Sept. 30, 2016.

Quadrant 4 System filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 17-19689) on June 29, 2017.   Robert H. Steele, the CEO,
signed the petition.

Quadrant 4, which was subject to a securities fraud probe that led
to the arrest and resignation of its top two executives seven
months ago, sought Chapter 11 protection after reaching a
settlement with the U.S. Securities and Exchange Commission and
signing deals to sell four business segments for at least $6.9
million.

The Chapter 11 case is assigned to Judge Jack B. Schmetterer.

The Debtor's attorneys are Chad H. Gettleman, Esq. and Nathan Q.
Rugg, Esq. at Adelman & Gettleman, Ltd.

Silverman Consulting Inc., is the Debtor's financial consultants,
and Livingstone Partners, LLC, is the investment banker.

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


QUANTUM CORP: Reports $3.67 Million Net Loss for First Quarter 2018
-------------------------------------------------------------------
Quantum Corporation filed with the Securities and Exchange
Commission its quarterly report on Form 10-Q disclosing a net loss
of $3.67 million on $116.9 million of total revenue for the three
months ended June 30, 2017, compared to a net loss of $3.52 million
on $116.3 million of total revenue for the three months ended June
30, 2016.

As of June 30, 2017, Quantum Corp had $213.03 million in total
assets, $331.03 million in total liabilities, and a total
stockholders' deficit of $117.99 million.

Quantum reported net income of $3.64 million on $505.3 million of
total revenue for the year ended March 31, 2017, compared to a net
loss of $76.39 million on $475.95 million of total revenue for the
year ended March 31, 2016.

"We continued to build on our momentum over the past year, growing
total revenue year-over-year and generating non-GAAP net profit for
the fifth consecutive quarter," said Jon Gacek, president and CEO
of Quantum.  "Although the total revenue increase was slight,
branded revenue grew 3 percent.  Other revenue highlights included
year-over-year growth in scale-out tiered storage of 10 percent and
another strong quarter for branded tape automation, devices and
media sales.

"We also announced StorNext 6, a major new release of our
industry-leading scale-out file system and data management
software, which recently began shipping.  StorNext 6 will enable us
to deliver greater value to customers and, we believe, help further
broaden our market reach, along with several new partnerships we
announced during the quarter.  They include ecosystem partnerships
with Veeam in data protection, Veritone in artificial intelligence
and DataFrameworks in data visualization and management, as well as
a strategic reseller partnership with Uniview in video
surveillance.

"As we look forward to the rest of fiscal 2018, we continue to be
excited about the opportunity to grow total revenue, driven by
expected scale-out tiered storage growth of at least 20 percent for
the year.  At the same time, we remain focused on generating profit
and cash and are confident in our ability to manage our debt -
including paying off our November 2017 convert - with existing
resources.

"In addition, our newly constituted board of directors has launched
a number of strategic initiatives and is working closely with the
management team to implement various work streams, with the goal of
improving long-term growth, recurring revenue and profitability.
As part of this work, we are in the process of engaging a top-tier
consulting firm which we expect will help the company to identify
and deliver improvements in the operating characteristics of the
business over the next six to 12 months, including accretive
contributions to non-GAAP earnings.  We plan to update investors on
a quarterly basis regarding the progress of this important
initiative."

               Fiscal First Quarter Business Highlights

* Quantum announced new, unique integration with Veeam for DXi
  deduplication appliances and Quantum's latest Scalar tape
  storage platform to deliver more robust data protection for
  virtual environments.  These integrated solutions make it easier
  for Veeam customers to deploy "3-2-1 data protection" best
  practices - storing at least three copies of data on two
  different types of media with one backup copy off-site - to
  guard against data loss, localized disaster and ransomware.

* The company has established a strategic relationship with   
  Veritone Inc., a leader in cognitive analytics.  Veritone aiWARE

  a hybrid on-premise and cloud version of Veritone's best-in-
  class, cloud-based artificial intelligence platform will be
  offered as an integrated solution with StorNext.  This
  combination will allow users to leverage the power of Veritone's
  analytics, along with top cognitive engines, to extract new
  value from their on-premise video and audio content without
  having to move it to the cloud.

* Under another new partnership, Quantum has integrated   
  DataFrameworks ClarityNow software with its Xcellis scale-out
  storage and Artico archive appliances, providing increased
  visibility into usage and other intelligence regarding large
  unstructured data.  Through deeper insight into their data,
  users with highly demanding storage environments which can
  include hundreds of storage nodes, dozens of file systems and
  multiple different vendors will now be able to scan, organize,
  access and migrate their data much more easily and efficiently
  to meet their business or mission objectives.

* The company announced that Zhejiang Uniview Technologies Co.
  Ltd., one of the top three video surveillance system integrators

  in China, has agreed to become a Quantum value-added reseller
  and strategic alliance partner.  This alliance gives Quantum
  greater reach into what is expected to be the largest video
  surveillance market in the world by next year and also reflects
  the Company's focus on expanding its partnerships with global   
  system integrators in video surveillance.

* Further highlighting Quantum's emergence as a major player in
  video surveillance, the company won two prestigious awards for
  video surveillance storage at the ISC West 2017 Conference.  The
  Security Industry Association (SIA) named Quantum's StorNext
  data management software as a category winner in the New Product

  Showcase (NPS), one of the top accolades for product innovation
  in the security industry.  In addition, StorNext received the   
  Platinum Govies Government Security award given by Security   
  Today magazine, which honors outstanding government security
  products in a variety of categories.

* In the media and entertainment market, Quantum's new StorNext 6
  release garnered multiple honors at the 2017 NAB Show.
  Providing a unique combination of new advanced data management
  features and industry-leading performance, StorNext 6 won a
  NewBay Media Best of Show Award and Post Magazine "Post Pick."
  The NewBay Media award recognizes technologies for innovation,
  feature set, cost efficiency and performance in serving the
  industry, while the Post Pick award is given to a standout new
  product notable for its innovation.  In addition, StorNext 6
  was an IABM Game Changer Award finalist, selected not only for
  innovation but also for delivering significant operational and
  business benefits.

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

                     https://is.gd/29rKFd

                      About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a storage company specializing in    

backup, recovery and archive.  Quantum provides a comprehensive,
integrated range of disk, tape, and software solutions supported
by a world-class sales and service organization.


REO HOLDINGS: Disclosures OK'd; Plan Hearing on Sept. 12
--------------------------------------------------------
The Hon. Randal S. Mashburn of the U.S. Bankruptcy Court for the
Middle District of Tennessee has approved amended disclosure
statement in support of the Chapter 11 Trustee Eva M. Lemeh's plan
of reorganization for Reo Holdings, LLC.

A hearing to consider the confirmation of the Plan will be held on
Sept. 12, 2017, at 9:00 a.m.

Objections to the plan confirmation must be filed by Sept. 1,
2017.

All ballots indicating acceptance or rejection of the Plan must be
received by special counsel for the Trustee no later than 5:00 p.m.
on Sept. 1, 2017.

As reported by the Troubled Company Reporter on Aug. 11, 2017, the
Chapter 11 Trustee filed with the Court an amended disclosure
statement dated July 31, 2017, in support of the Chapter 11
Trustee's plan of reorganization, which proposed that Class 3C
Allowed General Unsecured Claims be paid in full, without interest
by the Distribution Date.  

                      About Reo Holdings LLC

REO Holdings, LLC, filed a Chapter 11 bankruptcy petition (Bankr.
W.D. Tenn. Case No. 16-10414) on Feb. 29, 2016.  The Debtor is
represented by Thomas Harold Strawn Jr., Esq.

On May 6, 2016, the case was transferred to the U.S. Bankruptcy
Court for the Middle District of Tennessee.

On July 29, 2016, the bankruptcy court ordered the appointment of
Eva M. Lemeh as trustee.  The trustee hired Manier & Herod, P.C.,
as special counsel; and Alexander Thompson Arnold PLLC as
accountant.

On Feb. 29, 2016, Charles E. Walker, who owns a 50% interest in the
Debtor, filed a voluntary petition for relief under Chapter 11 with
the U.S. Bankruptcy Court for the Western District of Tennessee
(Case No. 16-10413).  On May 6, 2016, the case was transferred to
the U.S. Bankruptcy Court for the Middle District of Tennessee.  On
Aug. 1, 2016, John C. McLemore was appointed to serve as the
Chapter 11 trustee for Mr. Walker.


ROBERT T WINZINGER: Wants to Use Cash Collateral to Pay Wages
-------------------------------------------------------------
Robert T. Winzinger, Inc., asks the U.S. Bankruptcy Court for the
District of New Jersey for authority to use of cash collateral to
pay payroll on Aug. 11, 2017 for wages earned between Aug. 1 and
Aug. 7, 2017 -- the approximate amount of payroll is $17,000.

The proposed Budget reflects total operating costs of approximately
$143,767 during weeks ending Aug. 11 through Aug. 25, 2017.

The Debtor submits that the only secured creditor that has a lien
on cash collateral is Investors Bank, which is owed $2,991,424.
The Debtor and Winzinger, Inc., a co-debtor, are both jointly and
severally liable to Investors Bank on account of the $2,991,424
obligation.

The Debtor proposes to make a payment of $11,906 to Investors Bank
during the week of Aug. 18, 2017, which represents one half of the
monthly payment due to investors Bank.  The other half of the
monthly payment will be made by Winzinger, Inc.

The Debtor also proposes to continue to pay all necessary operating
and administrative expenses associated with its business that have
accrued post-petition, and to give Investors Bank a replacement
lien on all post-petition receivables created.  

A full-text copy of the Debtor's Motion, dated Aug. 8, 2017, is
available at https://is.gd/JjH9aO

                     About Robert T. Winzinger

Founded in 1960, Robert T. Winzinger, Inc. -- http://winzinger.com/
-- is a full-service contractor for roads, excavation, land
development and demolition, utility and marine construction, and
recycling technologies.  Winzinger is certified as a W.B.E. with
the NJ Dept. of Treasury - Division of Property Management &
Construction; Licensed Contractor with City of Philadelphia; Small
Business Enterprise with the City of Philadelphia; Small Business
Enterprise with the State of New Jersey; Public Works Contractor
with the State of New Jersey; Home Improvement Contractor with the
State of New Jersey Division of Consumer Affairs; and Maintains a
Certificate of Employee Report with the State of New Jersey.

Robert T. Winzinger, Inc., filed a Chapter 11 petition (Bankr.
D.N.J. Case No. 17-25972) on Aug. 7, 2017.  The petition was signed
by Audrey Winzinger, vice president, secretary, and treasurer.  At
the time of filing, the Debtor estimated $10 million to $50 million
in assets and $1 million to $10 million in liabilities.

The case is assigned to Judge Kathryn C. Ferguson.  

The Debtor is represented by David A. Kasen, Esq., at Kasen &
Kasen.


ROJESIE INC: Plan Outline Okayed; Plan Hearing on Oct. 4
--------------------------------------------------------
Rojesie Inc. is now a step closer to emerging from Chapter 11
protection after a bankruptcy judge approved the outline of its
plan of reorganization.

Judge Edward Godoy of the U.S. Bankruptcy Court for the District of
Puerto Rico on August 10 gave the thumbs-up to the disclosure
statement after finding that it contains "adequate information."

A court hearing to consider confirmation of the plan is scheduled
for October 4.  Objections and votes accepting or rejecting the
plan must be filed no later than 14 days prior to the hearing.

Under the restructuring plan, general unsecured creditors will
receive 25.88% of their claims or $48,000, to be paid pro rata.
Payments will start on October 15, 2021, according to court
filings.

                       About Rojesie Inc.

Adjuntas, P.R.-based Rojesie, Inc., d/b/a Parador Villas Sotomayor,
filed for Chapter 11 bankruptcy protection (Bankr.
D.P.R. Case No. 16-08296) on Oct. 17, 2016, estimating assets and
liabilities between $1 million and $10 million.

The petition was signed by Jesus R. Ramos Puente, president.
Judge Edward A. Godoy presides over the case.  The Debtor is
represented by Justiniano Law Offices.

On June 21, 2017, the Debtor filed its proposed Chapter 11 plan of
reorganization and disclosure statement.


RONALD SCHERER: Sale of Columbus Property for $405K Denied as Moot
------------------------------------------------------------------
Judge Roberta A. Colton of the U.S. Bankruptcy Court for the Middle
District of Florida denied as moot Ronald Earl Scherer, Sr.'s
private sale of real property located at 4425 and 4427 Lowestone
Road, Columbus, Ohio, to Michael P. Capraro for $405,000.

A hearing on the Motion was held on Aug. 2, 2017.

The contract for the sale of the Property free and clear of liens
had been withdrawn.

Ronald Earl Scherer, Sr., sought Chapter 11 protection (Bankr.
M.D.
Fla. Case No. 17-02004) on March 29, 2017.  The Debtor tapped
James
H. Monroe, Esq., at James H. Monroe, P.A. as counsel.


ROTINI INC: Lawyer Must File Further Amended Rule 2016(b) Statement
-------------------------------------------------------------------
Judge S. Martin Teel, Jr. of the U.S. Bankruptcy Court for the
District of Columbia issued an order requiring Debtor Rotini,
Inc.'s attorney to file a further amended rule 2016(b) statement.

The debtor's attorney's amended Rule 2016(b) statement attaches a
retention agreement, which raises the possibility that the
prohibition on fee sharing in 11 U.S.C. section 504(a) with respect
to compensation to be awarded in the case may be violated both as
to post-petition work and prepetition work.

The retainer agreement is silent regarding the basis upon which
fees for prepetition work are to be shared, and Fed. R. Bankr. P.
2016(b) mandates a fuller disclosure in that regard, even if no
fees will be sought from the estate regarding such work.

In light of this, Judge Teel directs that within 21 days after
entry of the order, the attorney shall supplement his amended
statement to disclose the particulars of the agreement regarding
sharing compensation for post-petition work (including explaining
what the term share in compensation on a pro-rata basis in the
retainer agreement means regarding fees awarded for post-petition
services); and to disclose the particulars of the agreement
regarding sharing compensation for prepetition work.

Furthermore, within 14 days after the debtor's attorney complies
with the foregoing, the U.S. Trustee (and any other party in
interest) may file a memorandum addressing whether the debtor's
attorney has fully complied with Fed. R. Bankr. P. 2016(b), the
Court orders.

The bankruptcy case is In re: ROTINI, INC., (Chapter 11), Debtor,
Case No. 17-00270 (Bankr. D.C.).

A full-text copy of Judge Teel's Memorandum Decision and Order
dated August 8, 2017, is available at https://is.gd/lbqWXp from
Leagle.com

Rotini, Inc., Debtor In Possession, represented by Morgan Fisher --
bk@morganfisherlaw.com -- Law Offices of Morgan Fisher LLC.

U. S. Trustee for Region Four, U.S. Trustee, represented by Joseph
A. Guzinski -- joseph.a.guzinski@usdoj.gov -- U. S. Trustee's
Office.

              About Rotini Inc.

Rotini, Inc. and TK Restaurant Management, Inc. sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. D.C. Case Nos.
17-00270 and 17-00269) on May 6, 2017.  Karen Kowkabi, president,
signed the petitions.  

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

Judge S. Martin Teel, Jr. presides over the cases.

Located in Washington, DC, Rotini Inc. is a small business debtor
as defined in 11 U.S.C. Section 101(51D) and is engaged in the
restaurants business.  It previously sought bankruptcy protection
on June 14, 2013 (Bankr. D.C. Case No. 13-00380) and Sept. 23,
2014
(Bank. D. D.C. Case No. 14-00514).


RUPARI FOOD: Government Can Sidestep Automatic Stay, Court Rules
----------------------------------------------------------------
Judge Gary S. Katzmann of the U.S. Court of International Trade has
ruled that the U.S. government can bypass the automatic stay in
Rupari Food Services Inc.'s bankruptcy case, Ryan Boysen, writing
for Bankruptcy Law360, reports.

According to Law360, Judge Katmann also ruled that the government
can have a $2.8 million judgment entered against the Debtor for
claims it cheated on customs taxes years ago.

                   About Rupari Holding Corp.

Established in 1978, Rupari -- http://www.rupari.com/-- is a  
culinary supplier of sauced and unsauced ribs, barbeque pork, and
BBQ chicken.  Since 1978, Rupari Foods has been producing and
distributing the finest, restaurant-quality, pre-cooked, sauced,
bone-in proteins, and related barbeque products.  The Company
offers a full line of meats under the Rupari brand name, as well as
a variety of products under the retail names of Tony Roma's and
Butcher's Prime.  The Company's products are available at large and
mid-sized retailers throughout the United States and Canada.

Rupari Holding Corp. and its affiliate Rupari Food Services, Inc.
filed Chapter 11 petitions (Bankr. D. Del. Case Nos. 17-10793 and
17-10794, respectively) on April 10, 2017.  The petitions were
signed by signed by Jack Kelly, CEO.

At the time of filing, the Debtors each estimated $50 million to
$100 million in assets and $100 million to $500 million in
liabilities.

The cases are assigned to Judge Kevin J. Carey.

R. Craig Martin, Esq., Maris J. Kandestin, Esq., Richard A.
Chesley, Esq., and John K. Lyons, Esq., at DLA Piper LLP (US) are
serving as counsel to the Debtors.  Kinetic Advisors LLC is the
financial advisor.  Donlin, Recano & Co., Inc., is the claims and
noticing agent.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on April 20,
2017, appointed three creditors to serve on the official committee
of unsecured creditors in the Chapter 11 case of Rupari Holding
Corp.

The Committee tapped Lowenstein Sandler LLP as lead bankruptcy
counsel, Whiteford Taylor & Preston LLC, as Delaware counsel, and
CohnReznick LLP and CohnReznick Capital Market Securities, LLC, as
its financial advisor and investment banker.


RWK ELECTRIC: Disclosures OK'd; Plan Hearing on Sept. 12
--------------------------------------------------------
The Hon. Eddward P. Ballinger Jr. of the U.S. Bankruptcy Court for
the District of Arizona has approved RWK Electric Co., Inc.'s
disclosure statement dated June 14, 2017, referring to the Debtor's
plan of reorganization dated June 14, 2017.

The hearing to consider the confirmation of the Plan will be held
on Sept. 12, 2017, at 10:00 a.m.

Ballots accepting or rejecting the Plan must be submitted to the
plan proponent by Sept. 5, 2017.

The last day for filing written objections to confirmation of the
Plan is Sept. 5, 2017.

The written ballot report by the plan proponent will be filed by
Sept. 7, 2017.

The Troubled Company Reporter previously reported that under the
plan, the Debtor will pay holders of Allowed Class IV Claims the
sum of $30,300 over five years.  The Debtor will pay the holders of
Allowed Class IV Claims on the first Business Day that occurs 11
months after the Effective Date and every year thereafter for four
years each Class IV Claimant's pro rata share of Allowed Class IV
Claims.

                      About RWK Electric Co.

RWK Electric Co., Inc., is an Arizona corporation in the business
of providing electrical services for commercial and residential
properties.  The Debtor's principal, Rodney Kawulok, started the
business in Phoenix, Arizona in 1986.  The Debtor is Small Business
Enterprise-certified, and it has established an excellent
reputation in the industry.  The Debtor offers a wide range of
electrical services including: (i) general service for commercial
and residential properties; (ii) maintenance, configuration, and
installation of low and high voltage (AC and DC) systems; and (iii)
servicing and installing specialty systems, including fire and life
safety systems, generators, and other backup power systems.

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. D. Ariz.
Case No. 16-14195) on Dec. 16, 2016.  The petition was signed by
Rodney W. Kawulok, president.  In its petition, the Debtor
estimated $1 million to $10 million in both assets and
liabilities.

Judge Eddward P. Ballinger Jr. presides over the case.  Allen
Barnes & Jones, PLC, represents the Debtor as counsel.

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


SABEMOS BEVERAGES: Asks Court to Appoint H. Grobstein as Trustee
----------------------------------------------------------------
Sabemos Beverages, LLC, d/b/a Sages Beverages, asks the U.S.
Bankruptcy Court for the Central District of California to direct
the appointment of a Chapter 11 trustee.

As of the Petition Date, Howard B. Grobstein was serving as the
State Court Receiver, having been appointed pursuant to a
Stipulation entered into by and between the Debtor and its senior
secured creditor, MBMJ Capital LLC, d/b/a Continental Business
Credit on September 14, 2016.

Pursuant to the terms of the Stipulation, the Receiver was given
control of all of the Debtor's assets and authorized to operate the
Debtor's business.  The Debtor believes that as of the Petition
Date, the Receiver has liquidated all of its assets and that the
only remaining assets of value are litigation claims that the
Debtor has against third parties.

The Debtor notes that under the terms of the Receivership Order,
upon the filing of a bankruptcy petition by one of the parties to
the Stipulation, the Receiver is to comply with his obligations
under Section 543 of the Bankruptcy Code and turn over all property
of the Estate to the Debtor.  Accordingly, as of the Petition Date
the Receiver was relieved of his obligations as the receiver for
the Debtor's Estate.

The Debtor mentions that at the time of the entry of the
Receivership Order, Kevin William Swadish was the Chief Executive
Officer of the Debtor and was responsible for the Debtor's
day-to-day operations. However, Mr. Swadish was removed as the CEO
as of the entry of the Receivership Order.

With the removal of Mr. Swadish as the CEO and the release of the
Receiver, the Debtor requires a responsible party to take
responsibility for the bankruptcy case and to oversee the
enforcement of the Rights of Action and the filing of the Debtor's
Plan of Liquidation. The Debtor believes that, given his background
and familiarity with the Debtor's business and operations, Howard
Grobstein is the appropriate choice for trustee of its estate.

The Debtor asserts that the appointment of a Trustee is necessary
to preserve any value of this Estate for the benefit of its
unsecured creditors.

                       About Sabemos Beverages

Founded in 2010, Sabemos Beverages, LLC, doing business as Sage
Beverages -- http://sagebeverages.com/-- is a wholesale
distributor of distilled spirits, including neutral spirits and
ethyl alcohol used in blended wines and distilled liquors.  Sage
offers brands like Lucky Buddha, BraceRo, Tavi Tequila, Cerveza
Cucapa and Iron Fist.

Sabemos Beverages filed a Chapter 11 petition (Bankr. C.D. Cal.
Case No. 17-19529) on Aug. 3, 2017.  The petition was signed by
Leonardo R. Fernandez, Jr., authorized signatory.  The case is
assigned to Judge Deborah J. Saltzman. The Debtor is represented by
Stuart I Koenig, Esq., at Leech Tischman Fuscaldo & Lampl, Inc.  At
the time of filing, the Debtor disclosed $17.06 million in total
assets and $8 million in total liabilities.


SEARS CANADA: Pensioners Want Plan Wound Up
-------------------------------------------
Andrew Scurria, writing for The Wall Street Journal Pro Bankruptcy,
reported that Sears Canada Inc. retirees are seeking to elevate
pension claims in the retailer's insolvency proceeding, beginning
what could be a contentious fight over assets with other
creditors.

According to the report, pensioners asked for a court order on Aug.
11 winding up Sears Canada's underfunded retirement plan, a step
they have been urging the Financial Services Commission of Ontario
to take since late 2014 as the company's fiscal health declined.

The pension plan has an estimated C$267 million ($210 million)
funding gap, with enough assets to pay only 81% of what is owed to
retirees, the report related.

Winding up the plan would crystallize the unfunded liability and
elevate that claim against Sears Canada above the company's other
unsecured creditors, the report said, citing the retirees'
attorney, Andrew J. Hatnay, Esq., of Koskie Minsky LLP.

A windup order would also dissociate the pension plan's existing
assets from the Sears Canada bankruptcy, placing them beyond the
reach of other creditors, Mr. Hatnay said in an interview, the
report added.

In that event, some benefits could become the responsibility of the
FSCO's Pension Benefits Guarantee Fund, the Ontario government's
safety net for private-sector retirement plans, the report said.
The guarantee fund generally guarantees pension benefits for
Ontario retirees and steps in to "top off" payments when retirement
plans are wound up with insufficient assets in trust, the report
further related.

                       About Sears Canada

Sears Canada Inc. is an independent Canadian digital and
store-based retailer and technology company whose head office is
based in Toronto.  Sears Canada's unique brand format offers
premium quality Sears Label products, designed and sourced by
Sears
Canada, and of-the-moment fashion and home decor from designer
labels in The Cut @Sears.  Sears Canada also has a top ranked
appliance and mattress business in Canada.  Sears Canada is
undergoing a reinvention, including new customer experiences at
every touchpoint, a new e-commerce platform, new store concepts,
and a new set of customer service principles designed to deliver
WOW experiences to customers.  Information can be found at
sears.ca/reinvention.  Sears Canada operates as a separate entity
from its U.S.-based co-founder, now known as Sears Holdings
Corporation, based in Illinois.

The Company's balance sheet as of April 29, 2017, showed total
assets of C$1.187 billion against total liabilities of C$1.107
billion.

Amid mounting losses and liquidity constraints Sears Canada and
certain of its subsidiaries on June 22, 2017, applied to the
Ontario Superior Court of Justice (Commercial List) for protection
under the Companies' Creditors Arrangement Act ("CCAA"), in order
to continue to restructure its business.

Sears Canada and its subsidiaries on June 22, 2017, were granted
an order (the "Initial Order") under the Companies' Creditors
Arrangement Act (the "CCAA").  Pursuant to the Initial Order, FTI
Consulting has been appointed Monitor.  Sears Canada and certain
of
its subsidiaries have obtained orders from the Ontario Superior
Court of Justice (Commercial List) extending the stay period
provided by the Initial Order to Oct. 4, 2017, under the
Companies'
Creditors Arrangement Act.

The Company has engaged BMO Capital Markets, as financial advisor,
and Osler, Hoskin & Harcourt LLP, as legal advisor.  The Board of
Directors and the Special Committee of the Board of Directors of
the Company has retained Bennett Jones LLP, as legal advisor.

FTI Consulting is the Court-appointed monitor.  The Monitor tapped
Norton Rose Fulbright Canada LLP as counsel.


SENTRIX PHARMACY: Hires Rappaport Osborne as Bankruptcy Counsel
---------------------------------------------------------------
Sentrix Pharmacy and Discount, LLC seeks authorization from the
U.S. Bankruptcy Court for the Southern District of Florida to
employ Rappaport Osborne & Rappaport, PLLC as attorney, nunc pro
tunc to July 19, 2017.

The Debtor requires Rappaport Osborne to:

     a. give advice to the Debtor with respect to his powers and
duties as a Debtor-in-Possession;

     b. advise the Debtor with respect to responsibilities in
complying with the US Trustee's Operating Guidelines and Reporting
Requirements and with the rules of the Court;

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

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

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

Kenneth S. Rappaport, Esq., at the law firm of Rappaport Osborne &
Rappaport, PLLC, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Rappaport Osborne may be reached at:

      Kenneth S. Rappaport, Esq.
      Rappaport Osborne & Rappaport, PLLC
      1300 N. Federal Highway, Suite 203
      Boca Raton, FL 33432
      Phone: 561-368-2200
      Fax: 561-338-0350

            About Sentrix Pharmacy and Discount, LLC

Sentrix Pharmacy and Discount, LLC filed a Chapter 11 bankruptcy
petition (Bankr. S.D.Fla. Case No. 17-19073) on July 19, 2017.  The
Hon. Raymond B. Ray presides over the case. Rappaport Osborne &
Rappaport, PLLC represents the Debtor as counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Spencer
Maklin, vice president.


SHEPHERD UNIVERSITY: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------------
Debtor: Shepherd University
        3200 North San Fernando Road
        Los Angeles, CA 90065

Type of Business: Shepherd University --
                      http://www.shepherduniversity.edu-- was
                      established in Los Angeles in August 1999 by
                      Dr. Richard Cornel Rhee to serve the
                      community in Southern California.  Dr.
                      Richard Cornel Rhee founded the school in
                      collaboration with a faculty of outstanding
                      scholars and professionals, envisioning the
                      purpose of educating in nursing, music,
                      information technology and theology at the
                      current location.  The Campus of Shepherd
                      University consists of total 5.87 acres
                      campus spaces; 83,600 square feet building
                      and more than 325 parking spot, located in
                      the section of Los Angeles near downtown.

Chapter 11 Petition Date: August 14, 2017

Case No.: 17-19964

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Judge: Hon. Sheri Bluebond

Debtor's Counsel: Jaenam J Coe, Esq.
                  LAW OFFICES OF JAENAM COE, PC
                  3731 Wilshire Bl Ste 910
                  Los Angeles, CA 90010
                  Tel: 213-389-1400
                  Fax: 213-387-8778
                  E-mail: coelaw@gmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Shalom Kim, president.

The Debtor's list of 20 largest unsecured creditors is available
for free at http://bankrupt.com/misc/cacb17-19964.pdf


SINGH LODGING: Taps Gleichenhaus Marchese as General Counsel
------------------------------------------------------------
Singh Lodging, Inc. seeks approval from the U.S. Bankruptcy Court
for the Western District of New York to employ the firm of
Gleichenhaus, Marchese, Weishaar, P.C. as general counsel for the
Debtor.

The hourly rates being charged by Gleichenhaus are:

     Michael A. Weishaar, Esq.      $350.00
     Robert B. Gleichenhaus, Esq.   $300.00
     Paralegals and legal secretary $80.00

The Debtor requires Gleichenhaus to:

     (a) give the Debtor legal advice with respect to its powers
and duties as Debtor-in-Possession in the continued operation of
its business and in the management of its assets;

     (b) take necessary action to avoid liens against the Debtor's
property, remove restraints against the Debtor's property and such
other actions to remove any encumbrances of liens which are
avoidable, which were placed against the property of the Debtor
prior to the filing of the Petition instituting this proceeding and
at a time when the Debtor was insolvent;

     (c) take necessary action to enjoin and stay until final
decree any attempts by secured creditors to enforce liens upon
property of the Debtor in which property the Debtor has substantial
equity;

     (d) represent the Debtor as Debtor-in-Possession in any
proceedings which may be instituted in this Court by creditors or
other parties during the course of this proceeding;

     (e) prepare on behalf of the Debtor, as Debtor-in-Possession,
necessary petitions, answers, orders, reports, and other legal
papers;

     (f) perform all other legal services for the Debtor as
Debtor-in-Possession, or to employ attorneys for such services.

Michael A. Weishaar, Esq., attests that Gleichenhaus has no
connection with the Debtor, with any creditor or with any other
party-in-interest and are disinterested persons, within the meaning
of the Bankruptcy Code Section 101(14).

The Firm can be reached through:

     Robert B. Gleichenhaus, Esq.
     Michael A. Weishaar, Esq.
     GLEICHENHAUS, MARCHESE & WEISHAAR, P.C.
     930 Convention Tower, 43 Court Street
     Buffalo, NY 14202
     Tel: (716) 845-6446
     Fax: 716-845-6475
     E-mail: RBG_GMF@hotmail.com

                   About Singh Lodging, Inc.

Singh Lodging provides accommodation for travelers.  It owns a fee
simple interest in a property located at 50 Freeman Drive,
Lancaster, New York 14086 valued at $2.5 million.

Singh Lodging filed a chapter 11 petition (Bankr. W.D.N.Y. Case No.
17-11637) on August 4, 2017. The petition was signed by Kabal S.
Virk, president. Robert B. Gleichenhaus, Esq. at Gleichenhaus,
Marchese, Weishaar, P.C. will represent the Debtor as counsel.

At the time of filing, the Debtor estimates $2.53 million in assets
and $3.63 million in liabilities.


SKIP BARBER RACING: Has Final Approval to Use Cash Collateral
-------------------------------------------------------------
The Hon. Cecelia G. Morris of the U.S. Bankruptcy Court for the
Southern District of New York signed a final order authorizing Skip
Barber Racing School, LLC, to use the cash collateral of People's
United Bank, N.A.

Pursuant to the People's Loan Documents, the Debtor was indebted to
People's United Bank in the total principal amount of approximately
$1,422,565 as of the Petition Date, secured by a first lien on, and
security interest in, substantially all of the Debtor's assets.

People's United Bank consents to the limited use of its cash
collateral for the period from the Petition Date through Aug. 11,
2017, subject to the terms of the People's Loan Documents and the
Final Order.

In addition, CMS Mezzanine Debt Subpartnership also holds claims in
the aggregate principal amount of $6,400,109 as of the Petition
Date, secured by a second priority lien on substantially all of the
Collateral.  CMS Mezzanine is willing to permit the use of its cash
collateral.  Accordingly, CMS Mezzanine is also granted a
replacement lien in all of the Debtor's presently owned or
hereafter acquired assets, subordinate to the liens provided to
People's United Bank.

People's United Bank is granted a replacement lien in all of the
Debtor's presently owned or hereafter acquired property and assets.
To the extent that the replacement lien is insufficient to provide
adequate protection for the diminution of the value of People's
United Bank's interest in the People's Collateral arising from the
Debtor's use of cash collateral, People's United Bank is granted an
allowed super priority administrative claim against the Debtor's
estate which shall have priority in payment over any other
indebtedness and/or obligations.

The Debtor is directed to provide People's United Bank with such
written reports as are required under the People's Documents,
including, without limitation, inventories detailing the location
and condition of the Collateral, and particularly including all
equipment and motor vehicle parts inventories.

The Debtor's authorized use of Cash Collateral pursuant to the
Final Order, will be in effect for the period commencing with the
Petition Date through and including August 11, 2017 or such further
extension date as may be agreed upon by People's United Bank or
ordered by the Court.

A full-text copy of the Final Order, dated August 8, 2017, is
available at https://is.gd/2ghOL0

               About Skip Barber Racing School

Skip Barber Racing School LLC is a Braselton, Georgia-based racing
school. It operates a fully-integrated system of racing schools,
driving schools, racing championships, corporate events and OEM
events across North America, teaching emergency braking, skid and
slide control, proper cornering techniques, an understanding of
vehicle dynamics, and a variety of other car-control skills.

Skip Barber Racing School filed a Chapter 11 bankruptcy petition
(Bankr. S.D.N.Y. Case No. 17-35871) on May 22, 2017.  The petition
was signed by Michael Culver, managing member.  The Debtor
estimated $1 million to $10 million in assets and $10 million to
$50 million in debt.

Judge Cecelia G. Morris presides over the case.  

Skip Barber Racing School hired Forchelli, Curto, Deegan, Schwartz,
Mineo & Terrana, LLP, as bankruptcy counsel; and Rust
Consulting/Omni Bankruptcy as claims and noticing agent.

No trustee, examiner or committee of creditors has been appointed
in the case.


SPEED LUBE: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
The Office of the U.S. Trustee on Aug. 10 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Speed Lube, LLC,

                        About Speed Lube

Speed Lube, LLC, is an oil change services provider based in
Pocahontas, Illinois.  Speed Lube sought Chapter 11 protection
(Bankr. S.D. Ill. Case No. 17-30894) on June 7, 2017.  The petition
was signed by Steven Dugan, one of the Debtor's managers.  The
Debtor estimated assets and liabilities in the range of $1 million
to $10 million.  The case is assigned to Judge Laura K. Grandy.
The Debtor tapped Steven M Wallace, Esq., at Heplebroom, LLC, as
counsel.


SPEEDVEGAS LLC: Placed in Bankruptcy by Creditors
-------------------------------------------------
Peg Brickley, writing for The Wall Street Journal Pro Bankruptcy,
reported that creditors have moved to push SpeedVegas into
bankruptcy, months after a crash at the racetrack outside Las Vegas
took two lives.

According to the Journal, citing an involuntary petition,
SpeedVegas LLC isn't paying its debts.  The company will have a
chance to contest that allegation before it is declared bankrupt,
the report noted.

The Journal said SpeedVegas offers people the chance to "bring your
driving fantasies to life," by driving exotic cars at high speeds,
accompanied by expert drivers, its website says.  The $30 million
racetrack is the home studio and track for the new series "Top Gear
America," which premiered recently on BBC America, according to the
website, the report related.

Veteran driving instructor Gil Ben-Kely and student Craig Sherwood
were killed Feb. 12 when a Lamborghini lost control and hit a wall,
the report said.  Mr. Sherwood, who was driving, was a real-estate
agent from Canada who was at a convention in Las Vegas when he went
to the track, the report added.

In a lawsuit filed earlier this year, Mr. Ben-Kely's widow and
children allege "SpeedVegas entrusts some of the most powerful,
fastest exotic sports cars in the world to amateur, inexperienced
drivers," the report related.  No formal answer has been filed to
the complaint, the report said.  The Ben-Kely family is seeking
damages against SpeedVegas and others, the report added.

SpeedVegas Chief Executive Aaron Fessler issued a statement earlier
this year denying claims the track is unsafe, the report said.  He
was listed among the creditors seeking bankruptcy protection for
the company on Saturday, when the petition was filed in the U.S.
Bankruptcy Court in Wilmington, Del., the report added.  On Aug.
14, Mr. Fessler was dropped from the list of creditors backing the
push for bankruptcy protection, the report noted.


STAPLES INC: Moody's Cuts Rating on Secured Term Loan to B1
-----------------------------------------------------------
Moody's Investors Service downgraded to B1 the secured Term Loan of
Staples, Inc.

"The downgrade of the term loan to B1 from Ba3 follows application
of Moody's Loss Given Default Methodology to the reconstituted
capital structure," stated Moody's Vice President Charlie O'Shea.
"The combination of the $200 million increase to the term loan and
$300 million decrease to the B3 -rated senior unsecured notes
reduces the support for the term loan to the point that the prior
Ba3 rating is no longer sustainable," continued O'Shea. "We note
that the additional upsize of the term loan provides Staples with
the flexibility to, if it chooses, de-leverage more rapidly."

Downgrades:

Issuer: Staples, Inc.

-- Senior Secured Bank Credit Facility, Downgraded to B1(LGD3)
    from Ba3(LGD3)

RATINGS RATIONALE

Staples' B1 Corporate Family Rating considers the risks to
creditors that are inherent in a sponsor-owned company, as well as
the competitive strength of the reconstituted Staples delivery-only
business, which Moody's believes is the clear market-leader with
around $10 billion in revenues, with very "sticky" commercial
relationships that benefit from historical retention rates in the
mid-90% range. The B1 Corporate Family Rating also recognizes
Staples' quantitative profile, with pro forma debt/EBITDA of around
5 times and EBIT/interest of around 2.25 times, and Moody's
expectations that the company will maintain very good liquidity.
The stable outlook reflects Moody's views that financial policy
will remain benign through the 12-18 month rating horizon, current
corporate strategy, and the management team will largely remain in
place to ensure operating performance does not weaken. Ratings
could be upgraded if operating performance and financial policy
result in credit metrics improving such that debt/EBITDA is
sustained below 4.5 times and EBIT/interest rises above 2.5 times.
Ratings could be downgraded if either weakened operating
performance or a more aggressive financial policy resulted in
debt/EBITDA approaching 6 times or EBIT/ interest approaching 1.75
times.

Headquartered in Framingham, MA, Staples, Inc. is a seller of
office supplies and related products to predominantly commercial
customers, with annual revenues of around $10 billion.


STAPLES INC: S&P Cuts Term Loan Rating to B+ on Upsize to $2.9BB
----------------------------------------------------------------
S&P Global Ratings lowered its issue-level rating on U.S.-based
business-to-business distributor Staples Inc.'s proposed term loan
to 'B+' from 'BB-'. S&P said, "At the same time, we revised our
recovery rating on the term loan to '3' from '2' because of the
increase of the term loan to $2.9 billion from $2.7 billion. The
'3' recovery rating indicates our expectation for meaningful
(50%-70%; rounded estimate: 65%) recovery for term loan lenders in
the event of a payment default."

Staples also plans to reduce the unsecured notes to $1 billion from
$1.3 billion. The reduction has no impact on our rating on these
notes. The issue-level rating remains 'B-' with a '6' recovery
rating, reflecting our expectation for negligible recovery (0%-10%;
rounded estimate: 0%).

Staples expects to use debt proceeds, along with about $200 million
borrowings under the asset-based revolving credit facility and some
cash, to fund the acquisition of the company by Sycamore Partners.


S&P said, "Our 'B+' corporate credit rating and the stable outlook
reflect the company's elevated leverage pro forma for the
acquisition by Sycamore Partners and our view of intense
competition in the office supply distribution business including
limited customer switching costs."

RECOVERY ANALYSIS

KEY ANALYTICAL FACTORS

-- S&P revised its recovery rating on the company's senior secured
term debt to '3' from '2'.

-- S&P's recovery analysis reflects the ongoing secular challenges
of the office supply business, while recognizing the value of
Staples' large scale and substantial market share. S&P's valuation
assumes, when exiting from bankruptcy, the company would regain
some lost revenue but remain well below current levels and would
cut costs to bring the EBITDA margin back to historical levels.

SIMULATED DEFAULT ASSUMPTIONS

-- Simulated year of default: 2021
-- EBITDA at emergence: $516 million
-- EBITDA multiple: 5.5x
-- Gross recovery value:  $2.8 billion

SIMPLIFIED WATERFALL

-- Net recovery value: $2.7 billion
-- Valuation split (obligors/non-obligors): 95%/5%
-- Priority claims: $734 million
-- Value available to first-lien debt (collateral/noncollateral):
$1.9 billion /$22 million
-- Secured first-lien debt claims: $2.9 billion
    --Recovery expectations: 50%-70% (rounded estimate: 65%)
-- Recovery for unsecured notes:  $24 million
-- Unsecured senior note claims:  $1 billion
   --Recovery expectations:  0%-10% (rounded estimate: 0%)

Note: All debt amounts include six months of prepetition interest.
Collateral value equals asset pledge from obligors after priority
claims plus equity pledge from non-obligors after non-obligor
debt.

RATINGS LIST

  Staples Inc.
  Corporate Credit Rating        B+/Stable

  Issue Level Ratings Lowered; Recovery Rating Revised
                               To          From
  Staples Inc.
  Senior Secured                 B+          BB-
  Recovery Rating                3(65%)      2(70%)


STUDIO TWENTYEIGHT: Seeks Authorization to Use Cash Collateral
--------------------------------------------------------------
Studio Twentyeight, Inc., asks the U.S. Bankruptcy Court for the
Middle District of Florida for authorization to use cash collateral
immediately to fund operating expenses necessary to continue the
operation of its business, to maintain the estate, to maximize the
return on its assets, and to otherwise avoid irreparable harm and
injury to its business and the estate.

Specifically, the Debtor intends to use cash collateral for: (a)
Payroll; (b) Insurance, including worker's compensation, health
insurance, and general liability insurance; (c) Purchase of
Inventory and food items; (d) Purchase of necessary materials; (e)
Payment of utilities; (f) Other payments necessary to sustain
continued business operations; (g) Care, maintenance, and
preservation of the Debtor's assets; and (h) Costs of
administration in its Chapter 11 case.

In exchange for its ability to use cash collateral in the operation
of its business, the Debtor proposes to grant to the Lenders, as
adequate protection, replacement liens to the same extent,
validity, and priority as existed on the Petition Date.

The Debtor asserts that in order to continue its business
activities in an effort to achieve a successful reorganization, the
Debtor must use cash collateral in the ordinary course of business.
Otherwise, the Debtor tells the Court that its inability to meet
ordinary business expenses will require the Debtor to discontinue
normal operations, which will result in irreparable injury to the
Debtor and its chances for reorganization, and such discontinuation
would also materially and adversely impact the value of the
Collateral.

A full-text copy of the Debtor's Motion, dated Aug. 8, 2017, is
available at https://is.gd/0R0yzR

                    About Studio Twentyeight

Studio Twentyeight, Inc., is a leader in the Tampa Bay area
providing exceptional training in music, the arts, and dance to
over 700 existing clients, as well as selling top musical
instruments, equipment, and apparel to its customers at its
business which operates at The Shops at Wiregrass, Wesley Chapel,
Florida.

Studio Twentyeight filed a Chapter 11 petition (Bankr. M.D. Fla.
Case No. 17-6911) on Aug. 4, 2017.  

The Debtor is represented by:

         Scott A. Stichter, Esq.
         Mark F. Robens, Esq.
         Stichter, Riedel, Blain & Postler, P.A.
         110 East Madison Street, Suite 200
         Tampa, Florida 33602
         Tel: (813) 229-0144
         Fax: (813) 229-1811
         E-mail: sstichter@srbp.com
                 mrobens@srbp.com


SULLIVAN VINEYARDS: Hires Bachecki Crom as Accountant
-----------------------------------------------------
Sullivan Vineyards Corporation seeks approval from the U.S.
Bankruptcy Court for the Northern District of California to hire an
accountant.

The Debtor proposes to hire Bachecki, Crom & Co., LLP, Certified
Public Accountants, to analyze financial information and confer and
correspond with the Debtor's representatives and counsel regarding
financial reporting and financial activity, evaluation of claims,
investigation of pre-petition transactions, tax matters and other
matters as requested by management; and to consult with the
Debtor's counsel as to those matters during the Chapter 11
proceeding.

Normal billing rates for the Accountant are:

     Partners           $380-$525/hour
     Senior Accountant  $270-$360/hour
    Junior Accountant   $165-$260/hour

The Firm can be reached through:

     Jerry Bachecki
     Bachecki, Crom & Co., LLP
     400 Oyster Point Blvd., Suite 106
     South San Francisco, CA  94080
     Phone: (415)398-3534
     Fax: (415)788-0855
     Email: bachcrom@bachcrom.com

                   About Sullivan Vineyards

Sullivan Vineyards Corporation filed a Chapter 11 petition (Bankr.
N.D. Cal. Case No. 17-10065) on Feb. 1, 2017, estimating assets at
$1 million to $10 million and liabilities at $10 million to $50
million at the time of the filing.

Sullivan Vineyards Partnership sought Chapter 11 protection (Bankr.
N.D. Cal. Case No. 17-10067) on Feb. 2, 2017, disclosing $18.99
million in assets and $14.27 million in liabilities.

The petitions were signed by Ross Sullivan, CEO.  

The cases are jointly administered under Case No. 17-10065 before
the Hon. Roger L Efremsky.

The Debtors are represented by Steven M. Olson, Esq., at the Law
Office of Steven M. Olson.


SUNBURST FARMS: Hires Eron Law as Bankruptcy Counsel
----------------------------------------------------
Sunburst Farms Partnership seeks authorization from the U.S.
Bankruptcy Court for the District of Kansas to employ Eron Law, PA
as counsel.

The Debtor requires Eron Law to:

     a. advise the Debtor of its rights, powers and duties as
Debtor and Debtor-in-Possession, including those with respect to
the operation and management of its partnership;

     b. advise the Debtor concerning and assist in the negotiation
and documentation of financing agreements, cash collateral orders
and related transactions;

     c. investigate into the nature and validity of liens asserted
against the Debtor, and advise the Debtor concerning the
enforceability of said liens;

     d. investigate and advise the Debtor concerning and taking
such action as may be necessary to collect income and assets in
accordance with applicable law, and recover property for the
benefit of the estate;

     e. prepare on the Debtor's behalf applications, motions,
pleadings, orders, notices, schedules and other documents as may be
necessary and appropriate, and review the financial and other
reports to be filed herein;

     f. advise the Debtor concerning and prepare responses to
applications, motions, pleadings, notices and other documents which
may be filed and served;

     g. counsel the Debtor in connection with the formulation,
negotiation and promulgation of Chapter 11 plan or plans and
related documents; and,

     h. perform other legal services for and on behalf of the
Debtor as may be necessary or appropriate in the administration of
the case.

Eron Law will be paid at these hourly rates:

     David Prelle Eron                         $300
     January Bailey, associate                 $200
     Paralegal and Legal Assistant             $75

Eron Law has received a fee and cost retainer from the Debtor in
the amount of $20,000 for services to be rendered and to cover the
filing fee and credit report in connection with this Chapter 11
case.

David Prelle Eron, Esq., partner at Eron Law, PA, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Eron Law may be reached at:

     David Prelle Eron, Esq.
     Eron Law, P.A.
     229 E. William, Suite 100
     Wichita, KS 67202
     Tel: 316-262-5500
     Fax: 316-262-5559
     E-mail: david@eronlaw.net

                       About Sunburst Farms

Sunburst Farms Partnership is engaged in wheat and feed sorghum
production.  The principal place of business of Sunburst Farms is
116 W Greeley, Tribune, Kansas 67879.

Sunburst Farms filed for Chapter 11 bankruptcy protection (Bankr.
D. Kan. Case No. 17-11389) on July 19, 2017, disclosing $4.29
million in total assets and $6.60 million in total liabilities.
The petition was signed by Carol Bloesser, president of Western
Plains, the Debtor's general partner.

Judge Robert E. Nugent presides over the case.

David P Eron, Esq., at Eron Law, P.A., serves as the Debtor's
bankruptcy counsel.


SUNSET PARTNERS: Court Extends Cash Collateral Use Until Sept. 6
----------------------------------------------------------------
Judge Joan N. Feeney of the U.S. Bankruptcy Court for the District
of Massachusetts authorized Sunset Partners, Inc., and Bema
Restaurant Corporation to collect and use prepetition assets,
including cash collateral, in which the secured creditors claim
security interests.

The Debtors are allowed to use cash collateral on the same terms
and conditions as set forth in the Order dated July 25, 2017,
through the continued hearing which will be held on Sept. 6, 2017,
at 10:00 a.m.  The Debtor is also directed to submit updated
financials by Sept. 5.

Any objections to the continued use of cash collateral will be
filed by Sept. 5, 2017 at noon.

A full-text copy of the Order, dated Aug. 8, 2017, is available at

https://is.gd/Bq4LOG

                 About Sunset Partners and Bema

Sunset Partners, Inc., is a Massachusetts corporation that owns and
operates two Boston area restaurants: the Sunset Grill & Tap
located at 130 Brighton Avenue, Allston, MA; and, the Sunset
Cantina located at 916 Commonwealth Avenue, Brookline, MA.

Affiliate Bema Restaurant Corporation, d/b/a Patron's, is a
Massachusetts corporation that owns and operates a Boston area
restaurant called Patrons, which is located at 138 Brighton Avenue,
Allston, MA.

Sunset Partners filed for Chapter 11 bankruptcy protection (Bankr.
D. Mass. Case No. 17-12178) on June 7, 2017, disclosing $1.05
million in total assets and $5.67 million in total liabilities.

Bema Restaurant Corporation filed a Chapter 11 petition (Bankr. D.
Mass. Case No. 17-12434) on June 29, 2017, disclosing $1.12 million
in assets and $4.45 million in liabilities.

The petitions were signed by Marc Berkowitz, president.  

The cases are jointly administered and assigned to Judge Joan N.
Feeney.

David B. Madoff, Esq., and Steffani Pelton Nicholson, Esq., at
Madoff & Khoury LLP, are serving as bankruptcy counsel to the
Debtors.  Verdolino & Lowey, P.C., is the Debtors' accountant.

No trustee, examiner, or official committee has been appointed in
the Chapter 11 cases.


TRI STATE STONE: Sept. 13 Plan Confirmation Hearing
---------------------------------------------------
The Hon. Scott H. Gan of the U.S. Bankruptcy Court for the District
of Arizona has conditionally approved Tri State Stone, Inc.'s
amended disclosure statement dated July 26, 2017, referring to the
Debtor's plan of reorganization dated July 26, 2017.

A hearing to consider the final approval of the Disclosure
Statement will be held on Sept. 13, 2017, at 2:00 p.m.  The last
day for filing and serving written objections to the Disclosure
Statement is Sept. 6, 2017.

An initial hearing to consider confirmation of the Plan will be
held on Sept. 13, 2017, at 2:00 p.m.  The deadline for filing and
serving written objections to confirmation of the Plan is Sept. 6,
2017.

The last day to vote to accept or reject the Plan is Sept. 6, 2017,
at no later than 5:00 p.m.  

The written report by proponent is to be filed by Sept. 8, 2017.

As reported by the Troubled Company Reporter on Aug. 3, 2017, the
Debtor filed with the Court an amended disclosure statement dated
July 26, 2017, referring to the Debtor's plan of reorganization
dated July 26, 2017, which proposes that the Class III(d) Secured
Claim of Jose H. Rojas relating to a 1999 Chevrolet Silverado be
amortized over five years and accrue interest a 4.0% per annum.
Payments in the approximate amount of $230.21 per month will start
on the Effective Date.  Mr. Rojas will retain his lien encumbering
the 1999 Silverado.  No prepayment penalty will pertain to this
claim.  Class III(d) is impaired.

                   About Tri State Stone, Inc.

Tri State Stone, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 16-11275) on Sept. 30,
2016.  The Debtor, an Arizona corporation, installs granite and
quartz countertops in commercial and residential buildings and
subcontracts with a number of general contractors throughout the
Yuma area.  At the time of the filing, the Debtor estimated assets
of less than $100,000 and liabilities of less than $1 million.

The Hon. Scott H Gan presides over the case.  Thomas H. Allen,
Esq., and Philip J. Giles, Esq., at Allen Barnes & Jones, Plc,
serve as the Debtor's counsel.

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

                          *     *     *

Tri State Stone, Inc., filed with the U.S. Bankruptcy Court for the
District of Arizona a disclosure statement explaining its plan of
reorganization, dated March 3, 2017, which would pay general
unsecured creditors a total of $87,314.79 over five years.


vTv THERAPEUTICS: Accumulated Deficit Raises Going Concern Doubt
----------------------------------------------------------------
vTv Therapeutics Inc. filed its quarterly report on Form 10-Q,
disclosing a net loss of $3.96 million on $13,000 of revenue for
the three months ended June 30, 2017, compared with a net loss of
$4.46 million on $182,000 of revenue for the same period in 2016.


For the six months ended June 30, 2017, the Company listed a net
loss of $8.18 million on $43,000 of revenue, compared to a net loss
of $8.31 million on $558,000 of revenue for the same period in the
prior year.

The Company's balance sheet at June 30, 2017, reflected $35.78
million in total assets, $30.04 million in total liabilities,
$112.14 million in redeemable non-controlling interest, and a
stockholders' deficit of $106.41 million.

To date, the Company has not generated any product revenue and has
not achieved profitable operations.  The continuing development of
drug candidates will require additional financing.  From its
inception through June 30, 2017, the Company has funded its
operations primarily through a combination of private placements of
preferred equity, research collaboration agreements, upfront and
milestone payments for license agreements, debt financing and the
completion of its IPO in August 2015.  As of June 30, 2017, the
Company has an accumulated deficit of $232.8 million and has
generated net losses in each year of its existence.  Management
estimates that the cash and cash equivalents balance as of June 30,
2017, of $32.5 million will allow the Company to continue its
operations and activities for a period of less than twelve months
from the issuance of these Condensed Consolidated Financial
Statements.  Management is currently seeking possible partnering
opportunities for its glucokinase activator ("GKA"), glucagon-like
peptide-1 receptor agonist ("GLP-1r") and other drug candidates
which may provide additional capital, if consummated.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.

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

                        https://is.gd/IevQ9t

Headquartered in High Point, N.C., vTv Therapeutics Inc. is a
clinical-stage biopharmaceutical company.  The Company is engaged
in the discovery and development of orally administered small
molecule drug candidates.  Its drug candidate for the treatment of
Alzheimer's disease (AD) is azeliragon (TTP488), an orally
administered, small molecule antagonist targeting the receptor for
advanced glycation endproducts (RAGE), for which it has commenced
patient enrollment in a Phase III clinical trial.  Its type II
diabetes drug candidates include TTP399, an orally administered,
liver-selective glucokinase activator (GKA), for which it has
completed enrollment in its Phase IIb clinical trial, and TTP273,
an orally administered, non-peptide agonist that targets the
glucagon-like peptide-1 receptor (GLP-1r), for which it began
enrollment in a Phase II clinical trial.


WABASH NATIONAL: Moody's Puts B1 Sr. Secured Rating Under Review
----------------------------------------------------------------
Moody's Investors Service placed the B1 senior secured rating of
Wabash National Corporation under review for upgrade. The review
was prompted by the company's recent announcement that it would
acquire Supreme Industries, Inc. (Supreme) valued at $364 million
in equity, primarily with debt. The Corporate Family Rating (CFR)
and Probability of Default Rating (PDR) of Ba3 and Ba3-PD,
respectively, remain unchanged at this time. Moody's also affirmed
the SGL-1 speculative grade liquidity rating. The ratings outlook
is stable.

The transaction is expected to close in the fourth quarter of 2017,
subject to customary regulatory approvals.

RATINGS RATIONALE

The planned purchase of Supreme continues Wabash's strategy of
diversifying from its core business of manufacturing heavy duty
trailers (Class 6-8) through a unit that has low margins and sells
to a highly cyclical market. Supreme focuses on truck bodies for
the Class 2-5 trailer market, which has seen somewhat less
volatility in demand. Wabash's financial leverage would approach
the mid 2x level (debt-to-EBITDA), pro forma for the incremental
debt and Supreme's trailing profits. This higher leverage level
would be in line with Moody's expectations. Both Wabash and Supreme
have a record of profitability and solid cash flow. Depending on
the integration strategy and the ability to enhance business
prospects as well as the ultimate structure of the financing, the
secured rating could be upgraded. This is based on the company's
plan to fund the purchase with a substantial portion of new
unsecured debt, which would improve the expected recovery prospects
of the secured debt.

The affirmation of the SGL-1 Speculative Grade Liquidity Rating
reflects Moody's expectation that Wabash will maintain very good
liquidity over the next year, supported by sizeable cash balances
(even though a portion is anticipated to be used to fund the
purchase) and an undrawn $175 million revolving credit facility due
2020.

Moody's will consider potential changes to the company's financial
policy, as the acquisition will be largely debt financed with about
$325 million of long term debt (the remaining balance and fees with
about $60 million in cash), amidst an active pace of share buybacks
and dividends. Higher leverage would be a potential departure from
Wabash's record of rapid de-leveraging following acquisitions.
Moody's will also consider near term prospects for cash flow of the
combined entity in the face of moderating trailer demand and rising
input costs, and the timing and scope of potential synergies and
diversification benefits.

Issuer: Wabash National Corporation

Senior secured bank credit facility, on review for upgrade,
currently at B1 (LGD5);

Speculative Grade Liquidity rating, affirmed at SGL-1.

Outlook, remains stable.

The principal methodology used in these ratings was Global
Manufacturing Companies published in June 2017.

Wabash National Corporation, based in Lafayette, Indiana, is a
leading designer and manufacturer of truck and tank trailers as
well as related transportation equipment. Supreme Industries, Inc.
is a manufacturer of truck bodies. Revenues were approximately $2
billion pro forma as of the last twelve month period ended June
2017.


WALTER INVESTMENT: Incurs $94.3 Million Net Loss in Second Quarter
------------------------------------------------------------------
Walter Investment Management Corp. filed with the Securities and
Exchange Commission its quarterly report on Form 10-Q disclosing a
net loss of $94.31 million on $208.78 million of total revenues for
the three months ended June 30, 2017, compared to a net loss of
$489.96 million on $187.47 million of total revenues for the three
months ended June 30, 2016.

For the six months ended June 30, 2017, the Company reported a net
loss of $89.80 million on $454.07 million of total revenues
compared to a net loss of $662.6 million on $254.2 million of total
revenues for the same period a year ago.

As of June 30, 2017, Walter Investment had $15.59 billion in total
assets, $15.70 billion in total liabilities and a total
stockholders' deficit of $112.98 million.

"I am pleased with the progress we have made to date on our debt
restructuring initiative, and we continue to work towards execution
of a comprehensive deleveraging transaction," said Anthony Renzi,
chief executive officer and president of Walter. "Improving our
capital structure is expected to better position Walter for future
success."

"From an operational perspective, we continue to focus on reducing
costs and improving the performance of our core businesses with a
goal of returning the Company to profitability," Renzi continued.
"We are making investments in technology, such as our recent
implementation of a digital point of sale system in our
originations business, and have improved our operating processes in
all business segments, in each case with the goal of enhancing the
customer experience.  We continue to make progress in our default
servicing operations as we emphasize keeping customers in their
homes and reducing delinquencies.  Finally, we have taken
additional steps to streamline operations and reduce our site
footprint as we seek to continue to improve our cost structure."

                 Second Quarter 2017 Financial
                    and Operating Overview

Total revenue for the second quarter of 2017 was $208.8 million, an
increase of $21.3 million as compared to the prior year quarter,
primarily due to an increase of $59.4 million in net servicing
revenue and fees, offset in part by a $29.6 million decrease in net
gains on sales of loans and an $8.6 million decrease in insurance
revenue.  The increase in net servicing revenue and fees was driven
by a $120.8 million improvement in fair value losses on mortgage
servicing rights driven by changes in valuation inputs or other
assumptions, offset in part by a $47.9 million decline in servicing
fees primarily due to the planned shift of the third-party
servicing portfolio from servicing to subservicing, combined with
runoff of the portfolio. The decrease in net gains on sales of
loans resulted from an overall lower volume of locked loans and a
shift in mix from the higher margin consumer channel to the lower
margin correspondent and wholesale channels.  The decrease in
insurance revenue was due to the sale of the principal insurance
agency and substantially all of the insurance agency business
during the first quarter of 2017.

Total expenses for the second quarter of 2017 were $292.6 million,
a decrease of $273.1 million as compared to the prior year quarter,
driven by $215.4 million in goodwill impairment recorded during the
second quarter of 2016, $16.2 million lower compensation and
benefits resulting primarily from a lower average headcount driven
by site closures and various organizational changes to the scale
and proficiency of the leadership team and support functions, as
well as our decision to exit the reverse mortgage originations
business, $9.0 million in lower contractor costs related to our
servicing platform conversion that occurred in the second quarter
of 2016, as well as efforts to reduce contractor costs throughout
the Company's operations, a $6.2 million decrease related to a
change in the commissions structure, and $5.7 million in lower
compensating interest due to a shift from servicing to
subservicing, offset in part by $7.5 million in higher costs
associated with corporate strategic initiatives.  The remaining
variance related to cost savings and changes in reserves.

                 Results for the Company's Segments
  
Servicing

Ditech serviced 1.8 million accounts with a UPB of $213.6 billion
as of June 30, 2017.  During the quarter ended June 30, 2017, the
Company experienced a net disappearance rate of 14.68%, a decrease
of 0.91% as compared to the prior year quarter.

The Servicing segment reported $44.0 million of pre-tax loss for
the second quarter of 2017 as compared to a pre-tax loss of $356.0
million in the prior year quarter.  During the second quarter of
2017, the segment generated revenue of $117.4 million, a $44.6
million increase as compared to the prior year quarter, primarily
due to an increase of $58.6 million in net servicing revenue and
fees.  The increase in net servicing revenue and fees primarily
resulted from a $120.8 million improvement in fair value losses on
mortgage servicing rights driven by changes in valuation inputs or
other assumptions, partially offset by a $48.0 million decline in
servicing fees primarily due to the planned shift of the
third-party servicing portfolio from servicing to subservicing
combined with runoff of the portfolio.

Total expenses in the Servicing segment for the second quarter of
2017 were $160.8 million, a decrease of $267.6 million as compared
to the prior year quarter.  This decrease was driven by $215.4
million in goodwill impairment recorded during the second quarter
of 2016.  In addition, there were decreases of $16.6 million in
compensation and benefits resulting primarily from a lower average
headcount driven by site closures and organizational changes, $9.3
million due to lower expense allocations, $6.9 million and $1.9
million in lower contractor costs and postage and printing costs,
respectively, related to the Company's servicing platform
conversion that occurred in the second quarter of 2016, $5.7
million in lower compensating interest due to a shift from
servicing to subservicing, $5.1 million related to a change in the
commissions structure, $2.9 million in lower charges associated
with foreclosure and bankruptcy practices, and $1.2 million
reduction in overtime driven by cost reduction measures.  These
decreases were partially offset by $2.9 million in additional costs
associated with the use of MSP and outsourcing initiatives and $2.2
million in higher advance loss provision.  Current quarter expenses
included $12.9 million of interest expense and $8.5 million of
depreciation and amortization.

The Servicing segment reported an Adjusted Loss of $3.5 million and
AEBITDA of $45.6 million for the second quarter of 2017. Adjusted
Loss improved $4.9 million as compared to the prior year quarter
resulting from resulting from lower adjusted general and
administrative expense and salaries and benefits, offset in part by
lower adjusted servicing revenue, insurance revenue and
intersegment retention revenue.  AEBITDA decreased $19.1 million as
compared to the prior year quarter due to lower amortization of
servicing rights and other fair value adjustments.

Originations

Ditech generated total pull-through adjusted locked volume of $4.2
billion for the second quarter of 2017, a decrease of $1.1 billion
as compared to the prior year quarter, driven by an overall lower
volume of locked loans.  Funded loans in the current quarter
totaled $4.2 billion, a decrease of $0.6 billion from the prior
year quarter.  The combined direct margin for the current quarter
was 70 bps, consisting of a weighted average of 187 bps direct
margin in the consumer lending channel and 19 bps direct margin in
the correspondent and wholesale channels.  The decrease in combined
direct margin of 17 bps from the prior year quarter was primarily
due to the shift in mix to the lower margin correspondent and
wholesale channels and lower margins in the consumer channel driven
by lower pull-through of locked loans and a lower portion of HARP
volume and lower margins in the correspondent channel.  The
Originations business delivered a recapture rate of 18% for the
current quarter.

The Originations segment reported $20.0 million of pre-tax income
for the second quarter of 2017, a decrease of $25.6 million from
the prior year quarter.  During the second quarter of 2017, this
segment generated revenue of $80.5 million, a decrease of $29.7
million from the prior year quarter.  Net gains on sales of loans
decreased $29.4 million as compared to the prior year quarter,
primarily due to an overall lower volume of locked loans combined
with a shift in mix from the higher margin consumer channel to the
lower margin correspondent and wholesale channels.

Total expenses for the Originations segment for the second quarter
of 2017 were $60.5 million, a decrease of $4.1 million compared to
the prior year quarter, driven by a $6.5 million decrease in
intersegment retention expense due primarily to lower overall
retention volume and a smaller capitalized servicing portfolio
resulting from sales of servicing rights and portfolio runoff.
Current quarter expenses included $8.6 million of interest expense
and $0.7 million of depreciation and amortization.

The Originations segment reported Adjusted Earnings of $20.2
million and AEBITDA of $18.5 million for the second quarter of
2017, a decrease of $28.0 million and $25.0 million, respectively,
as compared to the prior year quarter, due primarily to lower net
gains on sales of loans driven by lower volumes.

Reverse Mortgage

The Reverse Mortgage segment serviced 112,434 accounts with a UPB
of $20.1 billion at June 30, 2017.  During the current quarter, the
business securitized $113.7 million of HECM loans.

The Reverse Mortgage segment reported $16.5 million of pre-tax loss
for the second quarter of 2017 as compared to pre-tax loss of $26.9
million in the prior year quarter.  During the second quarter of
2017, this segment generated revenue of $15.4 million, a decline of
$0.7 million from the prior year quarter.  Cash generated by the
origination, purchase and securitization of HECMs decreased $4.3
million during the second quarter of 2017 as compared to the prior
year quarter primarily as a result of overall lower origination
volumes, partially offset by a shift in mix from lower margin new
originations to higher margin tails.  The decrease in cash
generated was more than offset by a $2.5 million decrease in net
non-cash fair value losses and a $2.1 million increase in net
interest income.  Current quarter revenues also included $7.1
million in net servicing revenue and fees and $0.5 million of other
revenues.

Total expenses for the Reverse Mortgage segment for the second
quarter of 2017 were $31.9 million, a decrease of $11.2 million
from the prior year quarter.  The decrease in total expenses was
primarily due to a $9.2 million decrease in general and
administrative expenses due to lower curtailment-related accruals,
advertising costs, loss accruals on servicing advances, contractor
fees, and purchased services, and a $3.9 million decrease in
salaries and benefits due primarily to lower compensation, bonuses
and commissions as a result of lower origination volume and lower
average headcount resulting from our decision to exit the reverse
mortgage originations business.  Current quarter expenses included
$4.3 million of interest expense and $0.9 million of depreciation
and amortization.

The Reverse Mortgage segment reported an Adjusted Loss of $3.8
million and AEBITDA of ($2.5) million for the second quarter of
2017, an improvement of $6.2 million and $5.4 million,
respectively, as compared to the prior year quarter, primarily due
to the decrease in general and administrative expenses and in
salaries and benefits.

Other Non-Reportable Segment

The Other Non-Reportable segment reported $52.1 million of pre-tax
loss for the second quarter of 2017, an increase in loss of $9.9
million as compared to the prior year quarter.  Other net fair
value losses were $8.2 million for the second quarter of 2017 as
compared to other net fair value losses of $1.0 million in the same
period of 2016, primarily related to the impact of higher
delinquencies on the value of the assets and liabilities of the
Non-Residual Trusts.

The Other non-reportable segment had an Adjusted Loss of $32.7
million and AEBITDA of ($0.3) million for the second quarter of
2017 as compared to an Adjusted Loss of $34.6 million and AEBITDA
of ($1.5) million in the second quarter of 2016.

                 Debt Restructuring Initiative

As previously announced, the Company has engaged legal and
financial debt restructuring advisors and has been reviewing a
number of potential actions to reduce its leverage.

On July 31, 2017, the Company entered into a Restructuring Support
Agreement with lenders holding, as of July 31, 2017, more than 50%
of the loans and/or commitments outstanding, or the Consenting Term
Lenders, under the Company's Amended and Restated Credit Agreement,
dated as of Dec. 19, 2013, or the Credit Agreement.  As set forth
in the Restructuring Support Agreement, the parties thereto have
agreed to, among other things, the principal terms of a proposed
financial restructuring of the Company, which will include an
extension of the Credit Agreement's maturity until June 2022, and
which will be implemented through an out-of-court restructuring
and, in the absence of sufficient stakeholder support for an
out-of-court restructuring, a prepackaged plan of reorganization
under Chapter 11 of Title 11 of the United States Code.

The Restructuring Support Agreement contains a number of conditions
and milestones, including reaching an agreement with the holders of
66 2⁄3% aggregate principal amount of the Company's 7.875% Senior
Notes due 2021 to a restructuring support agreement consistent with
the terms specified in the Restructuring Support Agreement.  The
Company and its debt restructuring advisors continue to negotiate
with the financial and legal advisors to ad hoc groups of holders
of the Company's indebtedness under the Company's Senior Notes and
Credit Agreement, as the Company seeks to obtain sufficient
stakeholder support for a comprehensive de-leveraging transaction.

There can be no assurance as to when or whether the Company will
satisfy the conditions in the Restructuring Support Agreement,
including obtaining requisite support from various stakeholders for
the restructuring, whether the restructuring will be successful,
the effects on its business, or the Company's ability to achieve
its operational and strategic goals.

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

                        https://is.gd/sV20TJ

         Filing of Amended Annual and Quarterly Reports

The Company also filed amendments to its Annual Report on Form
10-K for the year ended Dec. 31, 2016, and quarterly reports on
Form 10-Q for the quarterly periods ended June 30, 2016, Sept. 30,
2016, and March 31, 2017.   Due to the possibility for a
prepackaged plan of reorganization under Chapter 11 of the
Bankruptcy Code, substantial doubt has been raised about the
Company's ability to continue as a going concern, and the audit
opinion included in the Company's amended Annual Report on Form
10-K/A contains a going concern emphasis paragraph and Note 3 to
the Consolidated Financial Statements included therein (and Note 2
to the financial statements included in the 2017 Second Quarter
Report) discusses such matters and management's plans in respect
thereof.

The Company records a tax provision for the anticipated tax
consequences of the reported results of operations.  The provision
for income taxes is computed using the asset and liability method,
under which deferred tax assets and liabilities are recognized for
the expected future tax consequences of temporary differences
between the financial reporting and tax bases of assets and
liabilities, and for operating losses and tax credit carryforwards.
Deferred tax assets and liabilities are measured using the
currently enacted tax rates in each jurisdiction that applies to
taxable income in effect for the years in which those tax assets
are expected to be realized or settled.

The Company is required to establish a valuation allowance for
deferred tax assets and record a charge to income if it is
determined, based on available evidence at the time the
determination is made, that it is more likely than not that some
portion or all of the deferred tax assets will not be realized.
Based on the evaluation of the realizability of the Company's
deferred tax assets for the year ended Dec. 31, 2016, performed in
connection with the Original Filing, management concluded that a
partial valuation allowance was necessary, and included such
allowance in the Original Filing.  Subsequent to the Original
Filing, management discovered an error in the calculation of the
valuation allowance on the deferred tax assets.  As a result of
this error, it was determined that the valuation allowance should
have been $304.7 million higher than what was originally recorded
which resulted in a deferred tax liability of $4.8 million at
Dec. 31, 2016.

The Company amended its Original Filing and restated the
Consolidated Financial Statements contained in the Original Filing
to correct the error noted above regarding the calculation of the
valuation allowance on the deferred tax assets.  This Amended
Filing and the restated Consolidated Financial Statements contained
herein reflect the corrected estimated net amount of deferred tax
assets that are considered by Company management to be
recoverable.

The cumulative impact of the non-cash adjustment to correct the
aforementioned error was a reduction in the net deferred tax assets
balance of $299.9 million, an increase to deferred tax liabilities
of $4.8 million and an increase in accumulated deficit of
approximately $304.7 million as of Dec. 31, 2016.  Net loss
increased for the year ended Dec. 31, 2016 by $304.7 million, which
increased the loss per share by $8.47.

As a result of the identification of the error that led to this
Amended Filing, Company management determined that the Company did
not maintain effective internal controls with respect to the
operating effectiveness of the review of the tax calculations
associated with the valuation allowance on the deferred tax asset
balances and further determined that this control deficiency
constitutes an additional material weakness in internal controls
over financial reporting as of Dec. 31, 2016.  In the Original
Filing, the Company identified an unrelated material weakness in
internal controls over financial reporting related to operational
processes within the transaction level processing of Ditech
Financial default servicing activities.

The adjustment being made in this Amended Filing does not impact
revenues, cash position or total cash flows from operating,
investing or financing activities, or any metric considered by the
Compensation and Human Resources Committee with respect to the
determination of executive compensation for the year ended
Dec. 31, 2016.

Management is required to evaluate its ability to continue as a
going concern as of the date of issuance of financial statements.
Accordingly, based on recent developments, the Company has
concluded that there is substantial doubt as to its ability to
continue as a going concern.

This Amended Filing reflects the restatement of (i) the Company's
consolidated balance sheet at Dec. 31, 2016, (ii) the consolidated
statements of comprehensive loss; stockholders' equity (deficit)
and cash flows for the year then ended, and (iii) the notes related
thereto.  The Amended Reports are available for free at:

                       https://is.gd/Bduzos
                       https://is.gd/u4L9uv
                       https://is.gd/nP8z5D
                       https://is.gd/thxk1j

              About Walter Investment Management Corp.

Walter Investment Management Corp. is an independent servicer and
originator of mortgage loans and servicer of reverse mortgage
loans.  Based in Fort Washington, Pennsylvania, the Company has
approximately 4,500 employees and services a diverse loan
portfolio. For more information about Walter Investment Management
Corp., please visit the Company's website at
www.walterinvestment.com.  The information on the Company's website
is not a part of this release.

Walter Investment reported a net loss of $833.85 million for the
year ended Dec. 31, 2016, a net loss of $263.19 million for the
year ended Dec. 31, 2015, and a net loss of $110.32 million for the
year ended Dec. 31, 2014.

Walter Investment reported a net loss of $529.15 million for the
year ended Dec. 31, 2016, compared to a net loss of $263.19 million
for the year ended Dec. 31, 2015.

                           *    *    *

As reported by the TCR on July 20, 2017, S&P Global Ratings said it
lowered its long-term issuer credit rating on Walter Investment
Management Corp. to 'CCC-' from 'CCC'.  The outlook is negative.
S&P said, "At the same time, we also lowered the rating on the
company's senior secured term loan to 'CCC-' from 'CCC' and the
rating on its senior unsecured notes to 'C' from 'CC'."  

The TCR reported on Aug. 9, 2017, Moody's Investors Service has
downgraded Walter Investment Management Corp.'s corporate family
rating to 'Caa3' from 'Caa2'.  The rating action follows the
company's announcement that it has entered into a restructuring
support agreement with more than 50% of senior term loan lenders.


WELLMAN DYNAMICS: Aug. 17 Hearing on Sale of All Assets to TCTM
---------------------------------------------------------------
Judge Anita L. Shodeen of the U.S. Bankruptcy Court for the
Southern District of Iowa will convene a hearing on Aug. 17, 2017
at 1:30 p.m. to consider Wellman Dynamics Corp.'s sale of
substantially all its assets to TCTM Financial DS, LLC for (i) a
credit bid of $15,500,000, (ii) cash
equal to $5,000,000, and (iii) the assumption of the Assumed
Liabilities, subject to overbid.

The Debtor proposes to sell the Assets free and clear.

Out of town counsel that represents the Official Unsecured
Creditors Committee and TCTM may request to appear by phone or
video conference with local counsel present in the courtroom.  The
counsel for any other parties may request to monitor the hearing by
telephone upon contacting Jan Kirschman at (515) 323-2836 or
jmk@iasb.uscourts.gov.

                   About Fansteel and Affiliates

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

Fansteel, Wellman Dynamics and Wellman Dynamics Machinery &
Assembly, Inc. filed Chapter 11 petitions (Bankr. S.D. Iowa Case
Nos. 16-01823, 16-01825 and 16-01827) on Sept. 13, 2016.  The
petitions were signed by Jim Mahoney, CEO.  The cases are assigned
to Judge Anita L. Shodeen.  The Debtors disclosed total assets of
$32.9 million and total debt of $41.97 million.

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

The companies filed motions to jointly administer the cases
pursuant to Bankruptcy Rule 1015(b), and the court ordered the
joint administration on Oct. 17, 2016.  The court subsequently
entered an order on May 24, 2017, vacating its Oct. 17 order and
discontinuing the joint administration of the cases under the lead
case of Fansteel.

On Sept. 23, 2016, the U.S. Trustee for Region 12 appointed an
official committee of unsecured creditors in Fansteel's bankruptcy
case.  The committee retained Morris Anderson & Associates, Ltd.,
as financial advisor; and Archer & Greiner, P.C. and Nyemaster
Goode, P.C., as counsel.

In March 2017, the U.S. trustee announced that the unsecured
creditors' committee of Fansteel would no longer serve as the
official committee in its case and that it would be reconstituted
as the official committee of unsecured creditors in the Chapter 11
cases of Wellman Dynamics and Wellman Dynamics Machinery.  As of
March 22, 2017, a new creditors' committee has not yet been
appointed in Fansteel's bankruptcy case.

Wellman Dynamics filed a Chapter 11 plan of reorganization and
disclosure statement on Jan. 11, 2017.  On May 8, 2017, the
creditors' committee of Wellman Dynamics filed a rival Chapter 11
plan of liquidation for the company.


WEST WINDOWS: Plan Outline Okayed; Plan Hearing on Sept. 21
-----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Puerto Rico will
consider approval of the Chapter 11 plan for West Window Films
Corp. and its president at a hearing on Sept. 21, 2017.

The court will also consider at the hearing final approval of the
company's disclosure statement, which it conditionally approved on
August 10.

Objections and votes accepting or rejecting the plan must be filed
no later than 14 days prior to the hearing.

                   About West Windows Films Corp.

West Window Films Corp. and Eric William Maurosa Toro, the
company's president, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.P.R. Case Nos. 17-03607 and 17-03604)
on May 23, 2017.  Mr. Toro signed the petitions.

The cases are substantially consolidated pursuant to an order
issued on June 16, 2017.

At the time of the filing, West Window disclosed that it had
estimated assets of less than $100,000 and liabilities of less
than $500,000.  The Debtors are represented by Gloria Justiniano
Irizarry, Esq., at the Justiniano's Law Office.

On Aug. 9, 2017, the Debtors filed a disclosure statement and
proposed Chapter 11 plan.


WILLIAMSON & WILLIAMSON: Disclosures Conditionally Okayed
---------------------------------------------------------
The Hon. Neil P. Olack of the U.S. Bankruptcy Court for the
Northern District of Mississippi has conditionally approved
Williamson & Williamson Farms Partnership's disclosure statement
dated Aug. 1, 2017, referring to the Debtor's plan of
reorganization dated Aug. 1, 2017.

The hearing on final approval of the Disclosure Statement and the
confirmation of Plan will be held on Sept. 7, 2017.  Objections to
the final approval of the Disclosure Statement and confirmation of
the Plan must be filed by Sept. 5, 2017.

Written acceptances or rejections of the Plan must be filed by
Sept. 5, 2017.

              About Williamson & Williamson Farms

Williamson & Williamson Farms Partnership sought Chapter 11
protection (Bankr. N.D. Miss. Case No. 16-10671) on Feb. 26, 2016.
The petition was signed by Ricky D. Williamson, partner. The Debtor
estimated assets at $2.59 million and liabilities at $2.10
million.

Judge Neil P. Olack is assigned to the case.

The Debtor tapped Jeffrey A. Levingston, Esq., at Levingston &
Levingston, PA, as counsel.


WORDSWORTH ACADEMY: Taps CliftonLarsonAllen as Accountant
---------------------------------------------------------
Wordsworth Academy, et al. seek approval from the US Bankruptcy
Court for the Eastern District of Pennsylvania to employ
CliftonLarsonAllen LLP as the Debtors' accountants.

Services to be rendered by CliftonLarsonAllen LLP under the
Wordsworth Engagement Agreement are:

     a. audit the financial statements of the Debtor which comprise
the statement of financial position as of June 30, 2017, and the
related statements of activities, functional expenses, and cash
flows activities for the year then ended, and the related notes to
the financial statements; and

     b. evaluate and report on the presentation of supplementary
information accompanying the financial statement.  The
supplementary information are: schedule of expenditures of federal
awards; report of expenditures by functional program; report of
revenue by functional program; and Report of excess revenue -- City
of Philadelphia.

CliftonLarsonAllen will also audit the financial statements of the
Wordsworth Academy 403(b) Plan, which comprise the statements of
net assets available for benefits as of September 30, 2016 and the
related statements of changes in net assets available for the year
then ended, and the related notes to the financial statements.

CliftonLarsonAllen will also provide non-audit services such as
preparation of a trial balance; preparation of the financial
statements and related notes; and preparation of adjusting journal
entries

CliftonLarsonAllen will be paid (a) $81,000 under the Wordsworth
Engagement Agreement; and (b) $11,750 under the 403(b) Plan
Engagement Agreement.

Bruce W. Braunewell, CPA, principal of CliftonLarsonAllen LLP,
assures the court that CLA is a "disinterested person" as that term
is defined in Bankruptcy Code section 101(14).

The Firm can be reached through:

     Bruce W. Braunewell, CPA
     CliftonLarsonAllen LLP
     610 West Germantown Pike, Suite 400
     Plymouth Meeting, PA 19462
     Tel: 251-643-3900
     Fax: 215-643-4030
     Email: bruce.braunewell@CLAconnect.com

               About Wordsworth Academy

Philadelphia, Pennsylvania-based Wordsworth Academy is a non-profit
that provides education, behavioral health and child welfare
services to children and youth who have emotional,  behavioral and
academic challenges. Wordsworth provides services through two
Community Umbrella Agencies. CUA 5 provides services to children
and families in the 35th and 39th Police Districts in Philadelphia,
encompassing much of North Central Philadelphia. CUA 10 provides
services to children and families in the 16th and 19th Police
Districts in Philadelphia, encompassing much of West Philadelphia.

Wordsworth Academy, along with Wordsworth CUA 5, LLC, and
Wordsworth CUA 10, LLC, sought Chapter 11 protection (Bankr. E.D.
Pa. Lead Case No. 17-14463) on June 30, 2017.  Donald Stewart, the
CFO, signed the petitions.

Wordsworth Academy estimated assets and debt of $10 million to $50
million.

Judge Ashely M. Chan presides over the cases.

Dilworth Paxson LLP serves as counsel to the Debtors, with the
engagement led by Lawrence G. McMichael, Esq., Peter C. Hughes,
Esq., and Anne M. Aaronson, Esq.  The Debtors hired Getzler Henrich
& Associates LLC as financial advisor, and Donlin, Recano &
Company, Inc. as claims and noticing agent.

On July 14, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


[*] Equity Partners HG Brokers Sale of Accubuilt to SPV Coach
-------------------------------------------------------------
Accubuilt, Inc., completed a going concern sale, including its two
preeminent brands, The S&S Coach Company and Superior Coaches, to
Kansas City, KS-based SPV Coach Company d/b/a Armbruster Stageway.
Equity Partners HG, a Maryland-based investment banker, served as
intermediary for the seller.

Accubuilt is a leading manufacturer of funeral vehicles, including
coaches and limousines, utilizing Cadillac and Lincoln chassis.
The Company has the most diverse product portfolio in the industry
and is one of the industry's largest producers, completing more
than 425 vehicles in 2016.  Accubuilt operates out of a leased
180,000 square foot facility in Lima, Ohio and employs over 90
people.  Employees have been notified operations will continue in
place following the acquisition.

Armbruster Stageway has a rich tradition in the funeral car
industry that dates back for over one hundred years and has the
distinction of building the first combustion engine limousine.
According to Sean Myers, President of Armbruster Stageway, "I am
pleased we were able to acquire Accubuilt and its two iconic
brands, S&S and Superior.  We look forward to working with the
employees in Lima to continue manufacturing premier vehicles and
serve the customer base they have successfully built over the
years.  We believe our collective team is the best in the industry
and we are excited to carry on the long, rich history of the
Accubuilt brands."

With the acquisition, it is believed Armbruster Stageway now
controls over 50% of the funeral vehicle market.  Rob Hubbard,
Chairman of the Board and Chief Restructuring Officer for
Accubuilt, commented, "This was a great fit all around.  Sean's
vision and Accubuilt's manufacturing capabilities make the combined
company the benchmark for all other industry players.  Armbruster
is getting a tremendous operation with great people, and I know
they will have continued success with it."

In mid-November 2016, Accubuilt retained Equity Partners HG as the
exclusive broker for the company.  Under Hubbard's leadership, the
Company had completed a successful three year restructuring process
to review operational practices and institute cost saving measures
to the manufacturing process.  Seeing significant improvement from
those efforts, ownership felt it was the appropriate time to pursue
a sale of the Company.

Matt LoCascio, managing director for Equity Partners HG, said, "Our
task was to maximize value and find the right buyer for Accubuilt.
As we explored the market and considered the options available, it
was clear Armbruster Stageway presented the best fit for the long
term success of Accubuilt, its employees, customers, and vendors.
We are very pleased with the outcome."

Other professionals who worked on the transaction include:

    * Rob Hubbard, Hub Management Group, chief restructuring
officer to Accubuilt, Inc.

    * Chris Bordoni, Adam Calisoff, and Robert Stefancin Ice
Miller, counsel to Accubuilt, Inc.

    * Pete Palladino and Doug Gooding, Choate Hall & Stewart,
counsel to secured creditor

                      About Equity Partners HG

Equity Partners HG -- http://www.equitypartnershg.com/-- provides
boutique investment banking services for companies seeking a sale
or with unique financing needs. Recognized as a national leader in
maximizing value for businesses and properties, Equity Partners HG
uses a proven process that has provided solutions for over 500
clients throughout the United States since 1988.  Equity Partners
HG is a wholly owned subsidiary of Heritage Global Inc. (OTCQB:
HGBL and CSE: HGP).


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2017.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
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                   *** End of Transmission ***